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Condensed Statements of Financial Condition (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents (at cost $- and $311,507,932, respectively) (Notes 2 and 5) $ 303,480,374 $ 311,507,932
Equity in trading accounts:    
Cash and cash equivalents (at cost $- and $33,830,326, respectively) 38,373,003 33,830,326
Unrealized gain (loss) on open commodity futures contracts (10,583,180) 2,196,530
Receivable for shares sold 0 1,936,691
Receivable from General Partner (Note 3) 139,105 660,603
Dividends receivable 5,252 267
Interest receivable 1,333 11,948
Prepaid insurance* [1] 65,472 2,399
Prepaid registration fees 30,682 94,582
Total Assets 331,512,041 350,241,278
Liabilities and Partners' Capital    
General Partner management fees payable (Note 3) 224,019 221,384
Professional fees payable 124,623 161,123
Brokerage commissions payable 22,595 21,299
Directors' fees payable* [1] 5,008 4,727
Total Liabilities 376,245 408,533
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners 0 0
Limited Partners 331,135,796 349,832,745
Total Partners' Capital 331,135,796 349,832,745
Total Liabilities and Partners' Capital $ 331,512,041 $ 350,241,278
Limited Partners' shares outstanding 20,900,000 27,100,000
Net asset value per share $ 15.84 $ 12.91
Market value per share $ 15.88 $ 12.88
[1] *    Certain prior year amounts have been reclassified for consistency with the current presentation.