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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 471,939,536 $ 538,294,832 $ 1,108,359,853 $ 1,313,768,002
Realized gain (loss) on swap contracts 1,153,417 0 32,677,694 0
Change in unrealized gain (loss) on open commodity futures contracts (224,381,296) 122,354,167 (69,478,694) 74,340,926
Change in unrealized gain (loss) on open OTC commodity swap contracts (1,109) 0 (2,396) 0
Dividend income 2,525,762 126,472 2,831,044 208,947
Interest income* [1] 471,492 199,631 668,554 505,963
ETF transaction fees 47,000 31,000 99,000 96,000
Total Income (Loss) 251,754,802 661,006,102 1,075,155,055 1,388,919,838
Expenses        
General Partner management fees (Note 3) 3,330,584 3,451,899 6,516,976 7,265,487
Professional fees 153,974 2,321,524 928,348 3,473,598
Brokerage commissions 190,980 350,906 414,909 655,585
Directors' fees and insurance 206,305 214,176 416,048 316,344
License fees 111,020 115,063 217,233 242,183
Registration fees 0 315,041 0 1,260,041
Total Expenses 3,992,863 6,768,609 8,493,514 13,213,238
Net Income (Loss) $ 247,761,939 $ 654,237,493 $ 1,066,661,541 $ 1,375,706,600
Net Income (Loss) per limited partner share $ 6.38 $ 9.47 $ 26.03 $ 16.80
Net Income (Loss) per weighted average limited partner share $ 6.77 $ 9.56 $ 26.83 $ 17.54
Weighted average limited partner shares outstanding 36,623,603 68,423,603 39,757,305 78,421,393
[1] Interest income does not exceed paid in kind of 5%.