XML 20 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Statements of Operations - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed commodity futures contracts $ 33,524,450 $ (837,283)
Change in unrealized gain (loss) on open commodity futures contracts 8,340,980 (24,361,247)
Realized gain (loss) on short-term investments 0 1,240
Dividend income 6,431 30,245
Interest income [1] 10,661 146,528
ETF transaction fees 3,850 5,950
Total Income (Loss) 41,886,372 (25,014,567)
Expenses    
General Partner management fees (Note 3) 313,804 68,271
Professional fees 73,616 27,145
Brokerage commissions 7,832 5,146
Directors' fees and insurance 5,530 3,122
License fees 7,845 1,707
Registration fees 37,350 0
Total Expenses 445,977 105,391
Net Income (Loss) $ 41,440,395 $ (25,119,958)
Net Income (Loss) per limited partner share $ 3.66 $ (10.79)
Net Income (Loss) per weighted average limited partner share $ 3.92 $ (10.03)
Weighted average limited partner shares outstanding 10,577,778 2,503,846
[1] *    Interest income does not exceed paid in kind of 5%.