XML 28 R12.htm IDEA: XBRL DOCUMENT

Selected Quarterly Information (Unaudited)

2 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Information (Unaudited)

6.	Selected Quarterly Information (Unaudited)

Fiscal Periods Ended December 31, 2018 and October 31, 2018:


		Two months ended December 31, 2018				Three months ended October 31, 2018				Three months ended July 31, 2018				Three months ended April 30, 2018				Three months ended January 31, 2018
Income
Interest Income		$	280,820			$	399,666			$	339,643			$	257,267			$	220,319

Total Income			280,820				399,666				339,643				257,267				220,319

Expenses
Sponsor’s fee			(102,760	)			(160,266	)			(162,663	)			(165,617	)			(175,416	)

Total Expenses			(102,760	)			(160,266	)			(162,663	)			(165,617	)			(175,416	)

Net Comprehensive Income/(Loss)		$	178,060			$	239,400			$	176,980			$	91,650			$	44,903


Basic and Diluted Earnings per Share⁽¹⁾		$	0.09			$	0.11			$	0.08			$	0.04			$	0.02
Weighted-average Shares Outstanding			2,081,148				2,096,739				2,136,413				2,186,517				2,230,435
Cash Dividends per Share⁽¹⁾		$	0.09			$	0.10			$	0.07			$	0.04			$	0.01

⁽¹⁾	The amount shown for a Share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.

Fiscal Period Ended October 31, 2017:


		Three months ended				Three months ended				Three months ended				Three months ended
		October 31, 2017				July 31, 2017				April 30, 2017				January 31, 2017
Income
Interest Income		$	202,400			$	45,511			$	30,392			$	16,404

Total Income			202,400				45,511				30,392				16,404

Expenses
Sponsor’s fee			(189,135	)			(187,853	)			(178,789	)			(200,899	)

Total Expenses			(189,135	)			(187,853	)			(178,789	)			(200,899	)

Net Comprehensive Income/(Loss)		$	13,265			$	(142,342	)		$	(148,397	)		$	(184,495	)

Basic and Diluted Earnings per Share⁽¹⁾		$	0.01			$	(0.06	)		$	(0.06	)		$	(0.07	)
Weighted-average Shares Outstanding			2,375,000				2,492,391				2,473,034				2,686,413
Cash Dividends per Share⁽¹⁾		$	0.01			$	—			$	—			$	—

⁽¹⁾	The amount shown for a Share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.