XML 18 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Statements of Financial Condition - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and cash equivalents (at cost $62,639,874 and $78,344,087, respectively) (Notes 2 and 5) $ 62,639,874 $ 78,344,087
Equity in trading accounts:    
Cash and cash equivalents (at cost $17,417,768 and $14,167,416, respectively) 17,417,768 14,167,416
Unrealized gain (loss) on open commodity futures contracts (6,289,510) 5,587,910
Receivable from General Partner (Note 3) 81,642 331,433
Dividends receivable 17,812 16,991
Interest receivable 1,387 9,575
ETF transaction fees receivable 0 350
Total assets 73,868,973 98,457,762
Liabilities and Partners' Capital    
Payable for shares redeemed 0 3,597,840
General Partner management fees payable (Note 3) 50,008 61,483
Professional fees payable 190,142 243,122
Brokerage commissions payable 2,816 5,316
Directors' fees and insurance payable 1,379 1,128
Total liabilities 244,345 3,908,889
Commitments and Contingencies (Notes 3, 4 and 5)
Partners' Capital    
General Partner 0 0
Limited Partners 73,624,628 94,548,873
Total Partners' Capital 73,624,628 94,548,873
Total liabilities and partners' capital $ 73,868,973 $ 98,457,762
Limited Partners' shares outstanding 4,850,000 5,200,000
Net asset value per share $ 15.18 $ 18.18
Market value per share $ 15.33 $ 18.10