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Statements of Financial Condition - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents (at cost $284,321,630 and $593,538,786, respectively) (Notes 2 and 5) $ 284,321,630 [1] $ 593,538,786
Equity in trading accounts:    
Cash and cash equivalents (at cost $102,302,001 and $83,587,988, respectively) 102,302,001 83,587,988
Unrealized gain (loss) on open commodity futures contracts (19,874,970) 80,696,279
Unrealized gain (loss) on open swap contracts (1,181) (2,205)
Due from Broker   29,236,970
Receivable for shares sold 7,655,896  
Dividends receivable 678,839 1,713,757
Interest receivable 430,428 1,137,742
Prepaid insurance 169,876 30,021
Prepaid registration fees   85,090
ETF transaction fees receivable 2,000  
Total Assets 375,684,519 790,024,428
Liabilities and Partners' Capital    
Payable due to Broker 7,845,612 44,227,463
Payable for shares redeemed 6,124,717  
General Partner management fees payable (Note 3) 180,098 412,567
Professional fees payable 810,138 1,336,303
Brokerage commissions payable 171,877 171,877
Directors' fees payable 12,950 22,376
License fees payable 1,036 18,419
Registration fees payable 472  
Total Liabilities 15,146,900 46,189,005
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners 0 0
Limited Partners 360,537,619 743,835,423
Total Partners' Capital 360,537,619 743,835,423
Total Liabilities and Partners' Capital $ 375,684,519 $ 790,024,428
Limited Partners' shares outstanding 23,546,103 44,146,103
Net asset value per share $ 15.31 $ 16.85
Market value per share $ 15.28 $ 16.81
[1] A portion of this amount is designated to meet daily Futures Commission Merchants’ margin requirements.