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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 10,021,890 $ 25,871,560 $ (6,796,790) $ 137,275,610
Change in unrealized gain (loss) on open commodity futures contracts (17,484,060) 2,944,290 (16,534,500) (17,905,240)
Dividend income 939,555 269,145 2,139,305 298,448
Interest income [1] 1,279,957 64,812 2,427,993 78,226
ETF transaction fees 7,700 10,500 16,800 14,700
Total Income (Loss) (5,234,958) 29,160,307 (18,747,192) 119,761,744
Expenses        
General Partner management fees 367,437 584,777 806,940 1,083,380
Professional fees 12,681 101,389 24,763 178,654
Brokerage commissions 39,153 48,776 88,020 95,041
Directors' fees and insurance 19,719 20,471 40,205 41,553
Registration fees 0 64,610 0 128,510
Total Expenses 438,990 820,023 959,928 1,527,138
Net Income (Loss) $ (5,673,948) $ 28,340,284 $ (19,707,120) $ 118,234,606
Net Income (Loss) per limited partner share $ (1.14) $ 2.84 $ (2.77) $ 11.81
Net Income (Loss) per weighted average limited partner share $ (0.76) $ 2.91 $ (2.43) $ 11.85
Weighted average limited partner shares outstanding 7,457,692 9,752,747 8,110,773 9,977,624
[1] Interest income does not exceed paid in kind of 5%.