Financial Highlights

9 Months Ended

Sep. 30, 2024

Investment Company [Abstract]

Financial Highlights

3. Financial Highlights:

Financial highlights for the limited partner Classes as a whole for the three and nine months ended September 30, 2024 and 2023 were as follows:

	Three Months Ended September 30, 2024									Three Months Ended September 30, 2023									Nine Months Ended September 30, 2024						Nine Months Ended September 30, 2023
	Class A			Class D			Class Z			Class A			Class D			Class Z			Class A		Class D		Class Z		Class A			Class D			Class Z
Per Redeemable Unit Performance (for a unit outstanding throughout the period):*
Net realized and unrealized gains (losses)	$	(97.71	)	$	(122.26	)	$	(128.46	)	$	35.60		$	44.60		$	46.57		$	8.04	$	10.14	$	10.22	$	2.44		$	3.00		$	3.52
Net investment income (loss)		7.14			8.91			11.44			(1.63	)		(2.08	)		(0.02	)		7.36		9.14		16.04		(1.02	)		(1.22	)		4.98
Increase (decrease) for the period		(90.57	)		(113.35	)		(117.02	)		33.97			42.52			46.55			15.40		19.28		26.26		1.42			1.78			8.50
Net asset value per Redeemable Unit, beginning of period		907.90			1,136.24			1,193.47			869.40			1,088.05			1,134.26			801.93		1,003.61		1,050.19		901.95			1,128.79			1,172.31
Net asset value per Redeemable Unit, end of period	$	817.33		$	1,022.89		$	1,076.45		$	903.37		$	1,130.57		$	1,180.81		$	817.33	$	1,022.89	$	1,076.45	$	903.37		$	1,130.57		$	1,180.81

	Three Months Ended September 30, 2024									Three Months Ended September 30, 2023									Nine Months Ended September 30, 2024									Nine Months Ended September 30, 2023
	Class A			Class D			Class Z			Class A			Class D			Class Z			Class A			Class D			Class Z			Class A			Class D			Class Z
Ratios to Average
Limited Partners’ Capital:**
Net investment income (loss)***		1.8	%		1.8	%		2.5	%		0.5	%		0.5	%		1.3	%		1.1	%		1.1	%		1.9	%		0.0	%****		0.0	%****		0.8	%
Operating expenses		3.2	%		3.2	%		2.5	%		3.2	%		3.2	%		2.4	%		3.3	%		3.3	%		2.6	%		3.2	%		3.3	%		2.5	%
Incentive fees		(0.5)	%		(0.5)	%		(0.5)	%		0.4	%		0.4	%		0.4	%		-	%		-	%		-	%		0.5	%		0.5	%		0.5	%
Total expenses		2.7	%		2.7	%		2.0	%		3.6	%		3.6	%		2.8	%		3.3	%		3.3	%		2.6	%		3.7	%		3.8	%		3.0	%
Total return:
Total return before incentive fees		(10.5)	%		(10.5)	%		(10.3)	%		4.3	%		4.3	%		4.5	%		1.9	%		1.9	%		2.5	%		0.7	%		0.7	%		1.3	%
Incentive fees		0.5	%		0.5	%		0.5	%		(0.4)	%		(0.4)	%		(0.4)	%		-	%		-	%		-	%		(0.5)	%		(0.5)	%		(0.6)	%
Total return after incentive fees		(10.0)	%		(10.0)	%		(9.8)	%		3.9	%		3.9	%		4.1	%		1.9	%		1.9	%		2.5	%		0.2	%		0.2	%		0.7	%

* Net investment loss per Redeemable Unit is calculated by dividing the interest income less total expenses by the average number of Redeemable Units outstanding during the period. The net realized and unrealized gains (losses) per Redeemable Unit is a balancing amount necessary to reconcile the change in net asset value per Redeemable Unit with the other per unit information.

** Annualized (except for incentive fees).

*** Interest income less total expenses.

**** Due to rounding.

The above ratios and total return may vary for individual investors based on the timing of capital transactions during the period. Additionally, these ratios are calculated for the limited partner class using the limited partners’ share of income, expenses and average partners’ capital of the Partnership.