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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Gain (loss) on trading of commodity futures contracts:        
Dividend income $ 142,649 $ 196,619 $ 428,525 $ 521,281
Interest income 91,753 28,321 260,841 69,038
ETF transaction fees 3,850 1,400 7,000 4,200
Total Income (Loss) (494,126) (881,541) (1,477,433) (8,579,452)
Expenses        
General Partner management fees (Note 3) 27,453 33,277 88,901 93,738
Professional fees 75,713 49,173 194,355 108,611
Brokerage commissions 1,556 1,193 5,965 4,125
Directors' fees and insurance 1,374 4,151 8,472 11,350
License fees 686 666 2,011 1,875
Total Expenses 106,782 88,460 299,704 219,699
Expense waiver (Note 3) (4,772) (48,528) (80,982) (107,213)
Net Expenses 102,010 39,932 218,722 112,486
Net Income (Loss) $ (596,136) $ (921,473) $ (1,696,155) $ (8,691,938)
Net Income (Loss) per limited partner share $ (0.36) $ (0.64) $ (0.66) $ (6.37)
Net Income (Loss) per weighted average limited partner share $ (0.25) $ (0.59) $ (0.76) $ (6.15)
Weighted average limited partner shares outstanding 2,417,935 1,569,565 2,246,533 1,412,271
Commodity Contracts        
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) $ (1,015,723) $ (3,109,119) $ (6,448,604) $ (15,041,408)
Change in unrealized gain (loss) $ 283,345 $ 2,001,238 $ 4,274,805 $ 5,867,437