XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Statements of Financial Condition - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents (at cost $194,777,636 and $259,491,732, respectively) (Notes 2 and 5) $ 194,777,636 $ 259,491,732
Equity in trading accounts:    
Cash and cash equivalents (at cost $77,620,675 and $100,299,442, respectively) 77,620,675 100,299,442
Unrealized gain (loss) on open commodity futures contracts (16,887,660) (67,021,257)
Dividends receivable 24,146 78,143
Interest receivable 171 9,670
Prepaid registration fees 49,624 75,014
ETF transaction fees receivable 0 1,000
Total assets 255,584,592 292,933,744
Liabilities and Partners' Capital    
Payable for shares redeemed 0 43,833,276
General Partner management fees payable (Note 3) 114,859 180,632
Professional fees payable 543,351 863,937
Brokerage commissions payable 36,300 36,300
Directors' fees and insurance payable 6,664 398
License fees payable 476 4,678
Total liabilities 701,650 44,919,221
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 254,882,942 248,014,523
Total Partners' Capital 254,882,942 248,014,523
Total liabilities and partners' capital $ 255,584,592 $ 292,933,744
Limited Partners' shares outstanding 10,884,588 10,184,588
Net asset value per share $ 23.42 $ 24.35
Market value per share $ 23.48 $ 24.71