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v3.22.4

Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020
Gain (loss) on trading of commodity futures contracts: |  |  |  |
Realized gain (loss) on closed commodity futures contracts |  | $ 218,669,630 | $ 6,104,950 | $ (206,518,620)
Change in unrealized gain (loss) on open commodity futures contracts |  | (146,128,350) | 15,817,312 | 6,313,791
Dividend income |  | 5,230,113 | 48,789 | 832,573
Interest income | [1] | 2,036,445 | 70,125 | 1,846,120
ETF transaction fees |  | 209,000 | 107,000 | 158,070
Total Income (Loss) |  | 80,016,838 | 22,148,176 | (197,368,066)
Expenses |  |  |  |
General Partner management fees |  | 2,824,586 | 2,024,410 | 2,413,189
Professional fees |  | 1,283,049 | 693,849 | 647,911
Brokerage commissions |  | 702,686 | 794,337 | 1,879,043
Directors' fees and insurance |  | 106,413 | 81,479 | 83,030
License Fees |  | 70,615 | 50,610 | 60,330
Registration fees |  |  | 103,290 | 364,200
Total Expenses |  | 4,987,349 | 3,747,975 | 5,447,703
Net Income (Loss) |  | $ 75,029,489 | $ 18,400,201 | $ (202,815,769)
Net Income (Loss) per limited partner share |  | $ 1.83 | $ 3.19 | $ (7.71)
Net Income (Loss) per weighted average limited partner share |  | $ 3.43 | $ 0.69 | $ (6.11)
Weighted average limited partner shares outstanding |  | 21,883,766 | 26,747,876 | 33,208,424
[1] | Interest income does not exceed paid in kind of 5%.

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