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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ (34,717,960) $ 10,226,120 $ 102,557,650 $ 147,368,380
Change in unrealized gain (loss) on open commodity futures contracts (5,078,650) 7,255,710 (22,983,890) 11,268,830
Dividend income 428,835 12,363 727,283 36,249
Interest income [1] 645,493 14,367 723,719 46,861
ETF transaction fees 5,600 6,650 20,300 24,850
Total Income (Loss) (38,716,682) 17,515,210 81,045,062 158,745,170
Expenses        
General Partner management fees (Note 3) 419,207 519,919 1,502,587 1,788,671
Professional fees 49,311 81,762 227,965 337,719
Brokerage commissions 38,485 60,407 133,526 227,185
Directors' fees and insurance 20,118 22,023 61,671 53,382
Other fees 2,274 0 2,274 0
Registration fees 29,110 65,320 157,620 193,830
Total Expenses 558,505 749,431 2,085,643 2,600,787
Expense waiver (Note 3) 0 0 0 (202,151)
Net Expenses 558,505 749,431 2,085,643 2,398,636
Net Income (Loss) $ (39,275,187) $ 16,765,779 $ 78,959,419 $ 156,346,534
Net Income (Loss) per limited partner share $ (5.44) $ 1.42 $ 6.37 $ 7.75
Net Income (Loss) per weighted average limited partner share $ (5.37) $ 1.16 $ 8.70 $ 8.29
Weighted average limited partner shares outstanding 7,308,696 14,452,174 9,078,205 18,848,901
[1] Interest income does not exceed paid in kind of 5%.