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v3.19.3.a.u2

Statements of Financial Condition - USD ($) | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
Assets |  |
Cash and cash equivalents (at cost $1,026,973,397 and $1,223,159,803, respectively) (Notes 2 and 5) | $ 1,026,973,397 | $ 1,223,159,803
Equity in trading accounts: |  |
Cash and cash equivalents (at cost $149,272,014 and $433,776,173, respectively) | 149,272,014 | 433,776,173
Unrealized gain (loss) on open commodity futures contracts | 37,520,567 | (194,392,958)
Receivable for shares sold | 0 | 22,022,450
Dividends receivable | 5,883 | 144,034
Interest receivable | 28,199 | 29,030
Prepaid insurance | 39,269 | 31,698
Prepaid registration fees | 74,241 | 579,117
ETF transaction fees receivable | 2,000 | 2,000
Total assets | 1,213,915,570 | 1,485,351,347
Liabilities and Partners' Capital |  |
Payable due to Broker | 8,820,649 | 0
Payable for shares redeemed | 32,023,655 | 14,377,830
General Partner management fees payable (Note 3) | 467,894 | 583,978
Professional fees payable | 1,453,996 | 1,741,281
Brokerage commissions payable | 89,961 | 89,961
Directors' fees payable | 43,388 | 42,947
License fees payable | 39,769 | 53,638
Total liabilities | 42,939,312 | 16,889,635
Partners' Capital |  |
General Partner | 0 | 0
Limited Partners | 1,170,976,258 | 1,468,461,712
Total Partners' Capital | 1,170,976,258 | 1,468,461,712
Total liabilities and partners' capital | $ 1,213,915,570 | $ 1,485,351,347
Limited Partners' shares outstanding | 91,600,000 | 153,200,000
Net asset value per share | $ 12.78 | $ 9.59
Market value per share | $ 12.81 | $ 9.66

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