XML 21 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Statements of Financial Condition - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents (at cost $283,950,682 and $375,588,135, respectively) (Notes 2 and 5) $ 283,950,682 $ 375,588,135
Equity in trading accounts:    
Cash and cash equivalents (at cost $73,321,026 and $83,410,316, respectively) 73,321,026 83,410,316
Unrealized gain (loss) on open commodity futures contracts (29,219,350) (20,768,690)
Receivable for shares sold 0 6,765,424
Dividends receivable 102,290 140,270
Interest receivable 0 5,227
Prepaid insurance 54,889 7,569
Prepaid registration fees 399,240 467,490
ETF transaction fees receivable 0 1,000
Total assets 328,608,777 445,616,741
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 193,399 207,145
Professional fees payable 437,877 786,718
Brokerage commissions payable 42,300 36,300
Directors' fees payable 14,017 10,691
License fees payable 6,232 2,633
Total liabilities 693,825 1,043,487
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 327,914,952 444,573,254
Total Partners' Capital 327,914,952 444,573,254
Total liabilities and partners' capital $ 328,608,777 $ 445,616,741
Limited Partners' shares outstanding 26,384,588 26,284,588
Net asset value per share $ 12.43 $ 16.91
Market value per share $ 12.55 $ 16.86