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v3.19.3

Condensed Statements of Cash Flows - USD ($) | 9 Months Ended
--- | ---
Sep. 30, 2019 | Sep. 30, 2018
Cash Flows from Operating Activities: |  |
Net income (loss) | $ 7,466,685 | $ 21,270,646
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
Unrealized (gain) loss on open futures contracts | (10,893,372) | (3,311,927)
(Increase) decrease in dividends receivable | (13,435) | (2,228)
(Increase) decrease in interest receivable | (3,466) | (2,904)
(Increase) decrease in prepaid insurance | (1,481) | 4,041
Increase (decrease) in payable due to Broker | 0 | (4,828,273)
Increase (decrease) in General Partner management fees payable | (1,589) | (13,260)
Increase (decrease) in professional fees payable | (34,445) | (48,787)
Increase (decrease) in brokerage commissions payable | 0 | (2,500)
Increase (decrease) in directors' fees payable | (59) | (51)
Increase (decrease) in license fees payable | (913) | (1,043)
Net cash provided by (used in) operating activities | (3,482,075) | 13,063,714
Cash Flows from Financing Activities: |  |
Addition of partnership shares | 2,254,827 | 0
Redemption of partnership shares | (9,106,069) | (30,043,941)
Net cash provided by (used in) financing activities | (6,851,242) | (30,043,941)
Net Increase (Decrease) in Cash and Cash Equivalents | (10,333,317) | (16,980,227)
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 | $ 56,395,408 | $ 71,249,857

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