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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed commodity futures contracts $ 775,473,170 $ (688,521,703)
Change in unrealized gain (loss) on open commodity futures contracts (48,013,241) (931,028,767)
Dividend income 82,475 857,667
Interest income* [1] 306,332 4,543,179
ETF transaction fees 65,000 115,000
Total Income (Loss) 727,913,736 (1,614,034,624)
Expenses    
General Partner management fees (Note 3) 3,813,588 1,659,435
Professional fees 1,152,074 290,136
Brokerage commissions 304,679 973,154
Directors' fees and insurance 102,168 93,112
License fees 127,120 55,315
Registration fees 945,000 267,714
Total Expenses 6,444,629 3,338,866
Net Income (Loss) $ 721,469,107 $ (1,617,373,490)
Net Income (Loss) per limited partner share [2] $ 7.33 $ (68.33)
Net Income (Loss) per weighted average limited partner share [2] $ 8.15 $ (72.71)
Weighted average limited partner shares outstanding [2] 88,481,381 22,243,544
[1] Interest income does not exceed paid in kind of 5%.
[2] On April 28, 2020, there was a 1-for-8 reverse share split. The Condensed Statements of Operations have been adjusted for the periods shown to reflect the 1-for-8 reverse share split on a retroactive basis.