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FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Dec. 31, 2023
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS |  |  |  |  |
Percentage of management fee in average daily total net assets |  |  | 0.60% |  |
Registration fees | $ 0 | $ 37,765 | $ 0 | $ 75,115 |
Estimated directors' fees and expenses | 10,737 | 11,371 | 21,461 | 24,213 |
Licensing fee incurred | $ 2,860 | $ 5,367 | $ 5,806 | $ 10,931 |
Scenario Forecast |  |  |  |  |
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS |  |  |  |  |
Estimated directors' fees and expenses |  |  |  |  | $ 33,000
Investor tax reporting cost |  |  |  |  | 100,000
USL and other Related Public Funds | Scenario Forecast |  |  |  |  |
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS |  |  |  |  |
Estimated directors' fees and expenses |  |  |  |  | $ 1,210,000
Licensing Fees |  |  |  |  |
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS |  |  |  |  |
Fee percentage |  |  | 0.015% |  |

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- Definition Noninterest expense related to directors' fees which are fees paid by an Entity to its directors. Directors' fees may be paid in addition to salary and other benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.14) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 + Details
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