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Statements of Financial Condition - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents (at cost $375,588,135 and $259,491,732, respectively) $ 375,588,135 $ 259,491,732
Equity in trading accounts:    
Cash and cash equivalents (at cost $83,410,316 and $100,299,442, respectively) 83,410,316 100,299,442
Unrealized gain (loss) on open commodity futures contracts (20,768,690) (67,021,257)
Receivable for shares sold 6,765,424  
Dividends receivable 140,270 78,143
Interest receivable 5,227 9,670
Prepaid insurance 7,569 8,204
Prepaid registration fees 467,490 75,014
ETF transaction fees receivable 1,000 1,000
Total assets 445,616,741 292,941,948
Liabilities and Partners' Capital    
Payable for shares redeemed 0 43,833,276
General Partner management fees payable (Note 3) 207,145 180,632
Professional fees payable 786,718 863,937
Brokerage commissions payable 36,300 36,300
Directors' fees payable 10,691 8,602
License fees payable 2,633 4,678
Total liabilities 1,043,487 44,927,425
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0  
Limited Partners 444,573,254 248,014,523
Total Partners' Capital 444,573,254 248,014,523
Total liabilities and partners' capital $ 445,616,741 $ 292,941,948
Limited Partners' shares outstanding 26,284,588 10,184,588
Net asset value per share $ 16.91 $ 24.35
Market value per share $ 16.86 $ 24.71