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Statements of Income and Expenses (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income        
Interest Income $ 9,257,684 $ 10,924,759 $ 28,846,076 $ 35,392,966
Dividends from Affiliates 11,324,043 17,257,593 36,758,052 45,303,312
Total Income 20,581,727 28,182,352 65,604,128 80,696,278
Expenses        
Management Fees 3,323,365 4,496,023 10,594,118 13,871,165
Brokerage Commissions and Fees 52,039 87,119 178,920 281,078
Interest Expense 137,510 84,899 324,866 382,890
Total Expenses 3,512,914 4,668,041 11,097,904 14,535,133
Less: Waivers (190,206) (324,122) (634,253) (885,378)
Net Expenses 3,322,708 4,343,919 10,463,651 13,649,755
Net Investment Income (Loss) 17,259,019 23,838,433 55,140,477 67,046,523
Net Realized Gain (Loss) from        
United States Treasury Obligations (10) (155) (11) (151)
Commodity Futures Contracts (23,007,985) (34,434,752) (65,193,587) (249,811,115)
Net Realized Gain (Loss) (23,007,995) (34,434,907) (65,193,598) (249,811,266)
Net Change in Unrealized Gain (Loss) from        
United States Treasury Obligations 487,288 (386,778) (67,348) (248,036)
Affiliated Investments 387,505 65,377 112,172 239,694
Commodity Futures Contracts (73,363,967) 199,272,109 20,201,391 180,568,099
Net Change in Unrealized Gain (Loss) (72,489,174) 198,950,708 20,246,215 180,559,757
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts (95,497,169) 164,515,801 (44,947,383) (69,251,509)
Net Income (Loss) $ (78,238,150) $ 188,354,234 $ 10,193,094 $ (2,204,986)