XML 24 R9.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net income (loss) $ 360,213 $ (632,419)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in Unrealized (gain) loss on open commodity futures contracts (1,068,773) 497,248
(Increase) decrease in receivable from General Partner 26,560 1,754
(Increase) decrease in dividends receivable 574 1,781
(Increase) decrease in interest receivable 151 (93)
(Increase) decrease in prepaid license fees (986) 0
(Increase) decrease in prepaid insurance (75) (243)
(Increase) decrease in other assets 0 216
Increase (decrease) in payable due to Broker 222,032 (81,581)
Increase (decrease) in General Partner management fees payable 1,649 (801)
Increase (decrease) in professional fees payable (29,155) (10,094)
Increase (decrease) in brokerage commissions payable (180) 0
Increase (decrease) in directors' fees payable (14) (31)
Increase (decrease) in insurance payable 0 (516)
Net cash provided by (used in) operating activities (488,004) (224,779)
Cash Flows from Financing Activities:    
Addition of partnership shares 2,691,906 0
Redemption of partnership shares 0 (1,032,818)
Net cash provided by (used in) financing activities 2,691,906 (1,032,818)
Net Increase (Decrease) in Cash and Cash Equivalents 2,203,902 (1,257,597)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 3,794,705 5,763,922
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period $ 5,998,607 $ 4,506,325