XML 27 R9.htm IDEA: XBRL DOCUMENT v3.24.0.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net income (loss) $ (56,520) $ 38,362,556 $ 93,336,439
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Change in unrealized (gain) loss on open commodity futures contracts (1,070,901) 22,781,720 17,234,420
(Increase) decrease in dividends receivable (13,197) (87,367) (1,691)
(Increase) decrease in interest receivable (6,662) (177,644) 4,171
(Increase) decrease in prepaid insurance 5,837 1,232 (7,848)
(Increase) decrease in prepaid registration fees 0 0 55,407
(Increase) decrease in ETF transaction fees receivable 350 (350) 0
(Increase) decrease in prepaid license fees 3,166 (3,717) 0
Increase (decrease) in payable due to Broker 0 (11,205,326) (10,720,261)
Increase (decrease) in General Partner management fees payable (10,037) (21,997) (34,438)
Increase (decrease) in professional fees payable (133,048) 136,302 40,157
Increase (decrease) in directors' fees payable (383) (545) (380)
Increase (decrease) in license fees payable 0 (4,329) (2,517)
Increase decrease in registration fees payable 0 (96,068) 96,068
Net cash provided by (used in) operating activities (1,281,395) 49,684,467 99,999,527
Cash Flows from Financing Activities:      
Addition of partnership shares 20,894,253 10,959,517 1,191,280
Redemption of partnership shares (40,754,434) (100,133,193) (154,178,247)
Net cash provided by (used in) financing activities (19,860,181) (89,173,676) (152,986,967)
Net Increase (Decrease) in Cash and Cash Equivalents (21,141,576) (39,489,209) (52,987,440)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year 90,074,519 129,563,728 182,551,168
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year $ 68,932,943 $ 90,074,519 $ 129,563,728