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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ (299,970) $ 10,021,890 $ 15,298,440 $ (6,796,790)
Change in unrealized gain (loss) on open commodity futures contracts (323,880) (17,484,060) 3,027,290 (16,534,500)
Dividend income 724,747 939,555 1,616,445 2,139,305
Interest income 913,174 1,279,957 1,681,649 2,427,993
ETF transaction fees 2,800 7,700 6,300 16,800
Total Income (Loss) 1,016,871 (5,234,958) 21,630,124 (18,747,192)
Expenses        
General Partner management fees (Note 3) 241,506 367,437 489,445 806,940
Professional fees 110,155 12,681 220,311 24,763
Brokerage commissions 21,593 39,153 44,992 88,020
Directors' fees and insurance 10,952 19,719 25,835 40,205
Total Expenses 384,206 438,990 780,583 959,928
Net Income (Loss) $ 632,665 $ (5,673,948) $ 20,849,541 $ (19,707,120)
Net Income (Loss) per limited partner share $ 0.21 $ (1.14) $ 4.78 $ (2.77)
Net Income (Loss) per weighted average limited partner share $ 0.15 $ (0.76) $ 4.83 $ (2.43)
Weighted average limited partner shares outstanding 4,101,648 7,457,692 4,315,385 8,110,773