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v3.21.2

Condensed Statements of Operations - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020
Gain (loss) on trading of commodity futures contracts: |  |  |  |  |
Realized gain (loss) on closed commodity futures contracts |  | $ 25,652,040 | $ 39,251,150 | $ 93,465,600 | $ 49,901,670
Change in unrealized gain (loss) on open commodity futures contracts |  | (18,194,390) | (29,204,600) | (3,118,050) | 33,569,439
Realized gain (loss) on short-term investments |  | 0 | 0 | 0 | 1,240
Dividend income |  | 7,379 | 45,883 | 23,534 | 157,787
Interest income | [1] | 10,243 | 17,590 | 23,999 | 232,022
ETF transaction fees |  | 4,900 | 6,650 | 13,300 | 27,664
Total Income (Loss) |  | 7,480,172 | 10,116,673 | 90,408,383 | 83,889,822
Expenses |  |  |  |  |
General Partner management fees (Note 3) |  | 244,975 | 367,521 | 856,526 | 777,556
Professional fees |  | 60,261 | 109,661 | 238,090 | 184,062
Brokerage commissions |  | 6,442 | 15,806 | 22,248 | 89,983
Directors' fees and insurance |  | 13,576 | 4,990 | 32,906 | 12,892
License fees |  | 6,124 | 9,188 | 21,413 | 19,439
Registration fees |  | 38,180 | 47,005 | 113,295 | 86,655
Total Expenses |  | 369,558 | 554,171 | 1,284,478 | 1,170,587
Net Income (Loss) |  | $ 7,110,614 | $ 9,562,502 | $ 89,123,905 | $ 82,719,235
Net Income (Loss) per limited partner share |  | $ 1.49 | $ 0.41 | $ 9.87 | $ (7.84)
Net Income (Loss) per weighted average limited partner share |  | $ 1.11 | $ 0.61 | $ 10.48 | $ 6.83
Weighted average limited partner shares outstanding |  | 6,392,391 | 15,694,022 | 8,500,366 | 12,112,044
[1] | * Interest income does not exceed paid in kind of 5%.

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