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Condensed Statements of Financial Condition - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents (at cost $281,249,136 and $375,588,135, respectively) (Notes 2 and 5) $ 281,249,136 $ 375,588,135
Equity in trading accounts:    
Cash and cash equivalents (at cost $61,501,809 and $83,410,316, respectively) 61,501,809 83,410,316
Unrealized gain (loss) on open commodity futures contracts (18,653,136) (20,768,690)
Receivable for shares sold 3,453,318 6,765,424
Dividends receivable 3,392 140,270
Interest receivable 5,272 5,227
Prepaid insurance [1] 27,403 7,569
Prepaid registration fees 186,090 467,490
ETF transaction fees receivable 0 1,000
Total Assets 327,773,284 445,616,741
Liabilities and Partners' Capital    
Payable for shares redeemed 10,353,743 0
General Partner management fees payable (Note 3) 165,013 207,145
Professional fees payable 556,366 786,718
Brokerage commissions payable 160,277 36,300
Directors' fees payable [1] 4,959 10,691
License fees payable 9,796 2,633
Total Liabilities 11,250,154 1,043,487
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners 0 0
Limited Partners 316,523,130 444,573,254
Total Partners' Capital 316,523,130 444,573,254
Total Liabilities and Partners' Capital $ 327,773,284 $ 445,616,741
Limited Partners' shares outstanding 27,884,588 26,284,588
Net asset value per share $ 11.35 $ 16.91
Market value per share $ 11.41 $ 16.86
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.