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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%.