XML 21 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 431,603 $ (331,877) $ 551,700 $ (693,179)
Change in unrealized gain (loss) on open commodity futures contracts 1,765,497 245,056 1,760,540 278,548
Dividend income 496 626 617 1,584
Interest income [1] 137 5,781 765 16,874
ETF transaction fees 700 700 1,750 700
Total Income (Loss) 2,198,433 (79,714) 2,315,372 (395,473)
Expenses        
General Partner management fees (Note 3) 16,998 6,598 31,519 12,392
Professional fees 38,666 18,773 67,664 35,472
Brokerage commissions 763 390 1,550 521
Directors' fees and insurance 3,270 151 6,144 387
License fees 340 132 630 248
Total Expenses 60,037 26,044 107,507 49,020
Expense waiver (Note 3) (39,639) (17,683) (69,684) (33,705)
Net Expenses 20,398 8,361 37,823 15,315
Net Income (Loss) $ 2,178,035 $ (88,075) $ 2,277,549 $ (410,788)
Net Income (Loss) per limited partner share $ 2.09 $ (0.08) $ 2.24 $ (0.88)
Net Income (Loss) per weighted average limited partner share $ 2.06 $ (0.20) $ 2.26 $ (0.97)
Weighted average limited partner shares outstanding 1,056,667 447,253 1,009,669 423,626
[1] Interest income does not exceed paid in kind of 5%.