XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ (507,933) $ (3,678,901) $ (5,432,881) $ (11,932,289)
Change in unrealized gain (loss) on open commodity futures contracts 1,525,812 3,351,632 3,991,460 3,866,199
Dividend income 142,917 166,007 285,876 324,662
Interest income 95,443 21,680 169,088 40,717
ETF transaction fees 700 1,400 3,150 2,800
Total Income (Loss) 1,256,939 (138,182) (983,307) (7,697,911)
Expenses        
General Partner management fees (Note 3) 29,761 29,128 61,448 60,461
Professional fees 59,321 30,096 118,642 59,438
Brokerage commissions 1,127 1,243 4,409 2,932
Directors' fees and insurance 2,266 3,620 7,098 7,199
License fees 691 583 1,325 1,209
Total Expenses 93,166 64,670 192,922 131,239
Expense waiver (Note 3) (14,478) (29,715) (76,210) (58,685)
Net Expenses 78,688 34,955 116,712 72,554
Net Income (Loss) $ 1,178,251 $ (173,137) $ (1,100,019) $ (7,770,465)
Net Income (Loss) per limited partner share $ 0.51 $ (0.15) $ (0.30) $ (5.73)
Net Income (Loss) per weighted average limited partner share $ 0.52 $ (0.12) $ (0.51) $ (5.83)
Weighted average limited partner shares outstanding 2,245,055 1,401,648 2,159,890 1,332,320