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Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:          
Net income (loss) $ (22,906,295) $ 3,611,340 $ (4,091,719) $ 82,570,759 $ 157,458,970
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:          
Change in unrealized (gain) loss on open commodity futures contracts     16,427,730 (2,763,860) (10,285,810)
(Increase) decrease in related party receivable       4,500,000 (4,500,000)
(Increase) decrease in receivable from General Partner         660,603
(Increase) decrease in dividends receivable     14,758 (380,132) (2,990)
(Increase) decrease in interest receivable     129,482 (344,674) 7,548
(Increase) decrease in prepaid insurance     3,202 1,116 (12,498)
(Increase) decrease in prepaid registration fees         94,582
(Increase) decrease in ETF transaction fees receivable     350 (350)  
Increase (decrease) in General Partner management fees payable     (68,885) 12,168 (76,302)
Increase (decrease) in professional fees payable     (289,732) 223,510 84,785
Increase (decrease) in brokerage commissions payable     163 (13,287) (8,012)
Increase (decrease) in directors' fees payable     (1,864) 748 (519)
Increase decrease in registration fees payable       (164,568) 164,568
Net cash provided by (used in) operating activities     12,123,485 83,641,430 143,584,925
Cash Flows from Financing Activities:          
Addition of partnership shares     122,821,101 234,507,181 68,407,109
Redemption of partnership shares     (223,134,431) (309,002,975) (347,349,672)
Net cash provided by (used in) financing activities     (100,313,330) (74,495,794) (278,942,563)
Net Increase (Decrease) in Cash and Cash Equivalents     (88,189,845) 9,145,636 (135,357,638)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of year     219,126,256 209,980,620 345,338,258
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of year 130,936,411 219,126,256 130,936,411 219,126,256 209,980,620
Components of Cash, Cash Equivalents, and Equity in Trading Accounts:          
Cash and cash equivalents 78,711,966 98,669,335 78,711,966 98,669,335 152,783,233
Equity in Trading Accounts:          
Cash and cash equivalents 52,224,445 120,456,921 52,224,445 120,456,921 57,197,387
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 130,936,411 $ 219,126,256 $ 130,936,411 $ 219,126,256 $ 209,980,620