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Condensed Statements of Financial Condition - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents (at cost $8,390,491 and $15,061,018, respectively) (Notes 2 and 5) $ 8,390,491 $ 15,061,018
Equity in trading accounts:    
Cash and cash equivalents (at cost $1,411,924 and $699,804, respectively) 1,411,924 699,804
Unrealized gain (loss) on open commodity futures contracts (275,316) 2,796,004
Receivable from General Partner (Note 3) 44,548 102,092
Dividends receivable 2,446 1,488
Interest Receivable 426 0
Directors' fees and insurance receivable 366 0
ETF transaction fees receivable 0 350
Total assets 9,574,885 18,660,756
Liabilities and Partners' Capital    
Payable due to Broker 0 2,099,689
General Partner management fees payable (Note 3) 6,242 10,437
Professional fees payable 56,120 102,301
Brokerage commissions payable 1,181 1,801
Directors' fees and insurance payable 0 106
License fees payable 364 744
Total liabilities 63,907 2,215,078
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 9,510,978 16,445,678
Total Partners' Capital 9,510,978 16,445,678
Total liabilities and partners' capital $ 9,574,885 $ 18,660,756
Limited Partners' shares outstanding 950,000 1,400,000
Net asset value per share $ 10.01 $ 11.75
Market value per share $ 9.98 $ 11.69