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v3.20.2

Condensed Statements of Financial Condition - USD ($) | Jun. 30, 2020 | Dec. 31, 2019
--- | --- | ---
Assets |  |  |
Cash and cash equivalents (at cost $235,642,464 and $45,166,882, respectively) (Notes 2 and 5) |  | $ 235,642,464 | $ 45,166,882
Equity in trading accounts: |  |  |
Cash and cash equivalents (at cost $10,985,763 and $6,440,093, respectively) |  | 10,985,763 | 6,440,093
Unrealized gain (loss) on open commodity futures contracts |  | 66,376,630 | 3,602,591
Receivable for shares sold |  | 14 |
Dividends receivable |  | 32,056 | 12,950
Interest receivable |  |  | 6,320
Prepaid insurance | [1] | 4,445 | 1,441
Prepaid registration fees |  | 369,998 |
Total Assets |  | 313,411,370 | 55,230,277
Liabilities and Partners' Capital |  |  |
Payable due to Broker |  | 38,297,721 |
General Partner management fees payable (Note 3) |  | 148,001 | 28,094
Professional fees payable |  | 62,092 | 119,417
Brokerage commissions payable |  | 12,602 | 3,422
Directors' fees payable | [1] | 3,162 | 1,953
License fees payable |  | 7,810 | 352
Total Liabilities |  | 38,531,388 | 153,238
Partners' Capital |  |  |
Limited Partners |  | 274,879,982 | 55,077,039
Total Partners' Capital |  | 274,879,982 | 55,077,039
Total Liabilities and Partners' Capital |  | $ 313,411,370 | $ 55,230,277
Limited Partners' shares outstanding |  | 18,700,000 | 2,400,000
Net asset value per share |  | $ 14.70 | $ 22.95
Market value per share |  | $ 14.74 | $ 22.99
[1] | Certain prior year amounts have been reclassified for consistency with the current presentation.

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