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v3.22.0.1

Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Gain (loss) on trading of commodity futures contracts: |  |  |  |
Realized gain (loss) on closed commodity futures contracts |  | $ 150,117,880 | $ 119,917,640 | $ 18,175,420
Change in unrealized gain (loss) on open commodity futures contracts |  | 10,285,810 | 1,034,920 | 7,451,120
Dividend income |  | 47,073 | 253,607 | 533,922
Interest income | [1] | 60,831 | 411,917 | 1,383,419
ETF transaction fees |  | 28,350 | 48,671 | 6,650
Total Income (Loss) |  | 160,539,944 | 121,666,755 | 27,550,531
Expenses |  |  |  |
General Partner management fees (Note 3) |  | 2,259,549 | 2,152,372 | 656,053
Professional fees |  | 411,680 | 280,082 | 90,200
Brokerage commissions |  | 277,795 | 548,601 | 101,742
Directors' fees and insurance |  | 74,951 | 28,104 | 19,301
Registration fees |  | 259,150 | 234,290 | 0
Total Expenses |  | 3,283,125 | 3,243,449 | 867,296
Expense waiver (Note 3) |  | (202,151) | (660,603) | (80,032)
Net Expenses |  | 3,080,974 | 2,582,846 | 787,264
Net Income (Loss) |  | $ 157,458,970 | $ 119,083,909 | $ 26,763,267
Net Income (Loss) per limited partner share |  | $ 7.96 | $ (8.00) | $ 5.73
Net Income (Loss) per weighted average limited partner share |  | $ 9.23 | $ 4.45 | $ 5.76
Weighted average limited partner shares outstanding |  | 17,067,945 | 26,763,425 | 4,646,301
[1] | Interest income does not exceed paid in kind of 5%.

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