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v3.19.1

Condensed Statements of Cash Flows - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Cash Flows from Operating Activities: |  |
Net income (loss) | $ 13,369,839 | $ 6,464,056
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
Unrealized (gain) loss on open futures contracts | (14,594,318) | (1,864,045)
(Increase) decrease in dividends receivable | (31,772) | (891)
(Increase) decrease in interest receivable | (744) | (2,006)
Increase (decrease) in payable due to Broker | 0 | 1,410,722
Increase (decrease) in General Partner management fees payable | (1,042) | (10,474)
Increase (decrease) in professional fees payable | (45,275) | (37,766)
Increase (decrease) in brokerage commissions payable | 0 | (2,500)
Increase (decrease) in directors' fees and insurance payable | 1,382 | 1,066
Increase (decrease) in license fees payable | (701) | (438)
Net cash provided by (used in) operating activities | (1,302,631) | 5,957,724
Cash Flows from Financing Activities: |  |
Addition of partnership shares | 0 | 0
Redemption of partnership shares | (2,237,484) | (15,336,666)
Net cash provided by (used in) financing activities | (2,237,484) | (15,336,666)
Net Increase (Decrease) in Cash and Cash Equivalents | (3,540,115) | (9,378,942)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period | 66,728,725 | 88,230,084
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period | $ 63,188,610 | $ 78,851,142

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