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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed futures contracts $ 7,166,117 $ (390,455) $ 17,430,373 $ 6,228,639
Change in unrealized gain (loss) on open futures contracts (2,150,147) 10,164,685 3,311,927 (17,358,999)
Dividend income 65,990 51,363 180,227 137,832
Interest income [1] 322,972 219,011 851,226 471,942
ETF transaction fees 1,750 2,800 5,250 7,350
Total income (loss) 5,406,682 10,047,404 21,779,003 (10,513,236)
Expenses        
General Partner management fees (Note 3) 120,405 168,628 374,286 501,114
Professional fees 34,342 33,197 108,757 158,997
Brokerage commissions 2,282 4,643 5,501 13,484
Directors' fees and insurance 3,642 3,844 10,456 10,432
License fees 3,010 4,216 9,357 12,528
Total expenses 163,681 214,528 508,357 696,555
Net income (loss) $ 5,243,001 $ 9,832,876 $ 21,270,646 $ (11,209,791)
Net income (loss) per limited partnership share $ 1.77 $ 1.52 $ 6.09 $ (2.08)
Net income (loss) per weighted average limited partnership share $ 1.64 $ 1.53 $ 5.98 $ (1.81)
Weighted average limited partnership shares outstanding 3,187,500 6,439,130 3,557,875 6,179,670
[1] Interest income does not exceed paid in kind of 5%.