XML 51 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Statements of Financial Condition - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents (at cost $35,029,959 and $45,166,882, respectively) (Notes 2 and 5) $ 35,029,959 $ 45,166,882
Equity in trading accounts:    
Cash and cash equivalents (at cost $33,231,357 and $6,440,093, respectively) 33,231,357 6,440,093
Unrealized gain (loss) on open commodity futures contracts (20,758,656) 3,602,591
Receivable for shares sold 6,079,630  
Dividends receivable 3,379 12,950
Interest receivable 744 6,320
Prepaid insurance 5,921 1,441
ETF transaction fees receivable 350  
Total assets 53,592,684 55,230,277
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 20,197 28,094
Professional fees payable 65,771 119,417
Brokerage commissions payable 4,502 3,422
Directors' fees payable 1,480 1,953
License fees payable   352
Total liabilities 91,950 153,238
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 53,500,734 55,077,039
Total Partners' Capital 53,500,734 55,077,039
Total liabilities and partners' capital $ 53,592,684 $ 55,230,277
Limited Partners' shares outstanding 4,400,000 2,400,000
Net asset value per share $ 12.16 $ 22.95
Market value per share $ 12.27 $ 22.99