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Condensed Statements of Financial Condition - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Assets    
Cash and cash equivalents (Notes 2 and 5) $ 95,117,071 $ 67,996,295
Equity in trading accounts:    
Cash and cash equivalents 20,219,937 20,732,135
Unrealized gain (loss) on open commodity futures contracts (5,096,230) (7,442,340)
Receivable for shares sold 0 1,238,809
Receivable from General Partner (Note 3) 59,413 135,365
Dividends receivable 2,553 39
Directors' fees and insurance receivable 2,570 0
ETF transaction fees receivable 700 700
Total assets 110,306,014 82,661,003
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 71,842 49,275
Professional fees payable 43,783 113,211
Brokerage commissions payable 7,176 5,746
Directors' fees and insurance payable 0 661
Total liabilities $ 122,801 $ 168,893
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner $ 0 $ 0
Limited Partners 110,183,213 82,492,110
Total Partners' Capital 110,183,213 82,492,110
Total liabilities and partners' capital $ 110,306,014 $ 82,661,003
Limited Partners' shares outstanding 8,950,000 6,750,000
Net asset value per share $ 12.31 $ 12.22
Market value per share $ 12.26 $ 12.24