XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed commodity futures contracts $ (4,924,948) $ (8,253,388)
Change in unrealized gain (loss) on open commodity futures contracts 2,465,648 514,567
Dividend income 142,959 158,655
Interest income 73,645 19,037
ETF transaction fees 2,450 1,400
Total Income (Loss) (2,240,246) (7,559,729)
Expenses    
General Partner management fees (Note 3) 31,687 31,333
Professional fees 59,321 29,342
Brokerage commissions 3,282 1,689
Directors' fees and insurance 4,832 3,579
License fees 634 626
Total Expenses 99,756 66,569
Expense waiver (Note 3) (61,732) (28,970)
Net Expenses 38,024 37,599
Net Income (Loss) $ (2,278,270) $ (7,597,328)
Net Income (Loss) per limited partner share $ (0.81) $ (5.58)
Net Income (Loss) per weighted average limited partner share $ (1.10) $ (6.02)
Weighted average limited partner shares outstanding 2,074,725 1,262,222