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Condensed Statements of Financial Condition (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents (at cost $133,703,397 and $152,783,233, respectively) (Notes 2 and 5) $ 133,703,397 $ 152,783,233
Equity in trading accounts:    
Cash and cash equivalents (at cost $148,306,643 and $57,197,387, respectively) 148,306,643 57,197,387
Unrealized gain (loss) on open commodity futures contracts (5,422,900) 12,482,340
Related party receivable 0 4,500,000
Dividends receivable 135,578 3,257
Interest receivable 4,116 4,400
Prepaid license fees 6,375 0
Prepaid insurance* [1] 45,115 14,897
ETF transaction fees receivable 350 0
Total Assets 276,778,674 226,985,514
Liabilities and Partners' Capital    
Payable for shares redeemed 6,535,025 0
General Partner management fees payable (Note 3) 192,207 145,082
Professional fees payable 175,418 245,908
Brokerage commissions payable 5,388 13,287
Directors' fees payable* [1] 4,634 4,208
Registration fees payable 293,078 164,568
Total Liabilities 7,205,750 573,053
Commitments and Contingencies (Notes 3, 4 & 5)
Partners' Capital    
General Partners 0 0
Limited Partners 269,572,924 226,412,461
Total Partners' Capital 269,572,924 226,412,461
Total Liabilities and Partners' Capital $ 276,778,674 $ 226,985,514
Limited Partners' shares outstanding 8,250,000 10,850,000
Net asset value per share $ 32.68 $ 20.87
Market value per share $ 32.74 $ 20.91
[1] Certain prior year amounts have been reclassified for consistency with the current presentation.