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v3.22.4

Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Gain (loss) on trading of commodity futures and swap contracts: |  |  |  |
Realized gain (loss) on closed commodity futures contracts |  | $ 874,875,947 | $ 1,911,763,583 | $ (2,251,576,260)
Realized gain (loss) on swap contracts |  | (13,603,878) | 0 | 0
Change in unrealized gain (loss) on open commodity futures contracts |  | (92,251,288) | (287,006,734) | 363,923,391
Change in unrealized gain (loss) on open OTC commodity swap contracts |  | (4,145) | 0 | 0
Dividend income |  | 17,656,102 | 431,883 | 1,949,571
Interest income* | [1] | 13,808,136 | 869,933 | 8,528,581
ETF transaction fees |  | 231,000 | 169,000 | 289,546
Total Income (Loss) |  | 800,711,874 | 1,626,227,665 | (1,876,885,171)
Expenses |  |  |  |
General Partner management fees |  | 11,542,406 | 13,383,302 | 15,388,313
Professional fees |  | 1,908,299 | 6,994,549 | 2,694,975
Brokerage commissions |  | 807,322 | 1,123,971 | 6,104,865
Directors' fees and insurance |  | 828,823 | 745,448 | 391,372
License fees |  | 384,747 | 446,110 | 512,944
Registration fees |  | 0 | 1,260,041 | 3,203,939
Total Expenses |  | 15,471,597 | 23,953,421 | 28,296,408
Net Income (Loss) |  | $ 785,240,277 | $ 1,602,274,244 | $ (1,905,181,579)
Net Income (Loss) per limited partner share |  | $ 15.87 | $ 21.11 | $ (69.20)
Net Income (Loss) per weighted average limited partner share |  | $ 22.26 | $ 24.54 | $ (16.61)
Weighted average limited partner shares outstanding |  | 35,283,055 | 65,289,630 | 114,667,411
[1] | Interest income does not exceed paid in kind of 5%.

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