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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Gain (loss) on trading of commodity futures and swap contracts:      
Realized gain (loss) on closed commodity futures contracts $ (47,713,339) $ (762,934,486) $ 218,669,630
Realized gain (loss) on closed OTC commodity swap contracts 58,360,050 (144,572,961)  
Change in unrealized gain (loss) on open commodity futures contracts 40,623,818 184,838,398 (146,128,350)
Change in unrealized gain (loss) on open OTC commodity swap contracts (14,905,416) 14,903,211  
Dividend income 7,538,377 11,394,690 5,230,113
Interest income 31,116,762 35,270,729 2,036,445
ETF transaction fees 244,000 355,000 209,000
Total Income (Loss) 75,264,252 (660,745,419) 80,016,838
Expenses      
General Partner management fees (Note 3) 4,888,033 6,252,127 2,824,586
Professional fees 2,230,204 1,179,661 1,283,049
Brokerage commissions 2,556,712 2,696,598 702,686
Directors' fees and insurance 277,838 220,736 106,413
License fees 122,200 156,303 70,615
Registration fees 43,490    
Total Expenses 10,118,477 10,505,425 4,987,349
Net Income (Loss) $ 65,145,775 $ (671,250,844) $ 75,029,489
Net Income (Loss) per limited partner share $ (3.51) $ (36.54) [1] $ 7.34 [1]
Net Income (Loss) per weighted average limited partner share $ 1.25 $ (17.87) [1] $ 13.71 [1]
Weighted average limited partner shares outstanding 52,017,964 37,572,585 [1] 5,470,942 [1]
[1] On January 23, 2024 there was a 1 - for - 4 reverse share split. The Statement of Operations have been adjusted for the periods shown to reflect the 1 - for - 4 reverse share split on a retroactive basis.