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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 1,861,759 $ (3,488,820) $ 2,330,976 $ (5,574,270)
Change in unrealized gain (loss) on open commodity futures contracts (1,633,645) 768,530 5,507,124 (1,463,310)
Dividend income 255,033 183,889 514,516 367,796
Interest income 541,546 661,021 1,090,448 1,249,120
ETF transaction fees 0 2,100 2,100 4,900
Total Income (Loss) 1,024,693 (1,873,280) 9,445,164 (5,415,764)
Expenses        
General Partner management fees (Note 3) 94,816 114,429 193,135 232,256
Professional fees 39,764 12,664 79,527 24,864
Brokerage commissions 1,735 2,328 3,796 4,924
Directors' fees and insurance 5,008 10,737 9,400 21,461
License fees 2,369 2,860 4,827 5,806
Total Expenses 143,692 143,018 290,685 289,311
Net Income (Loss) $ 881,001 $ (2,016,298) $ 9,154,479 $ (5,705,075)
Net Income (Loss) per limited partner share $ 0.55 $ (1.07) $ 5.31 $ (2.75)
Net Income (Loss) per weighted average limited partner share $ 0.55 $ (0.88) $ 5.43 $ (2.46)
Weighted average limited partner shares outstanding 1,600,000 2,295,604 1,685,989 2,319,337