XML 24 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:        
Net income (loss) $ 632,665 $ (5,673,948) $ 20,849,541 $ (19,707,120)
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     (3,027,290) 16,534,500
(Increase) decrease in dividends receivable     129,630 134,386
(Increase) decrease in interest receivable     (59,566) (61,309)
(Increase) decrease in prepaid insurance     (9,094) (29,555)
Increase (decrease) in General Partner management fees payable     (11,771) (49,099)
Increase (decrease) in professional fees payable     (78,989) (364,591)
Increase (decrease) in brokerage commissions payable       163
Increase (decrease) in directors' fees payable     124 (1,080)
Net cash provided by (used in) operating activities     17,792,585 (3,543,705)
Cash Flows from Financing Activities:        
Addition of partnership shares     17,928,921 70,528,595
Redemption of partnership shares     (40,167,279) (123,441,000)
Net cash provided by (used in) financing activities     (22,238,358) (52,912,405)
Net Increase (Decrease) in Cash and Cash Equivalents     (4,445,773) (56,456,110)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period     130,936,411 219,126,256
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period 126,490,638 162,670,146 126,490,638 162,670,146
Components of Cash, Cash Equivalents, and Equity in Trading Accounts:        
Cash and cash equivalents 91,575,982 95,285,808 91,575,982 95,285,808
Equity in Trading Accounts:        
Cash and cash equivalents 34,914,656 67,384,338 34,914,656 67,384,338
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 126,490,638 $ 162,670,146 $ 126,490,638 $ 162,670,146