XML 24 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ 9,154,479 $ (5,705,075)
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 (5,507,124) 1,463,310
(Increase) decrease in dividends receivable 18,331 30,628
(Increase) decrease in interest receivable 12,009 (33,005)
(Increase) decrease in prepaid professional fees 0 (6,408)
(Increase) decrease in prepaid other 551 (879)
(Increase) decrease in prepaid insurance (6,436) (5,836)
(Increase) decrease in ETF transaction fees receivable 0 350
Increase (decrease) in General Partner management fees payable (4,757) (9,246)
Increase (decrease) in professional fees payable (117,014) (167,725)
Increase (decrease) in directors' fees payable 48 (439)
Increase (decrease) in license fees payable 4,277 0
Net cash provided by (used in) operating activities 3,554,364 (4,434,325)
Cash Flows from Financing Activities:    
Addition of partnership shares 0 15,100,042
Redemption of partnership shares (11,219,976) (22,684,369)
Net cash provided by (used in) financing activities (11,219,976) (7,584,327)
Net Increase (Decrease) in Cash and Cash Equivalents (7,665,612) (12,018,652)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 68,932,943 90,074,519
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period $ 61,267,331 $ 78,055,867