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Statements of Income and Expenses (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income        
Interest Income $ 9,326,890 $ 12,011,488 $ 19,588,392 $ 24,468,207
Dividends from Affiliates 13,546,440 13,676,615 25,434,009 28,045,719
Total Income 22,873,330 25,688,103 45,022,401 52,513,926
Expenses        
Management Fees 3,748,767 4,363,959 7,270,753 9,375,142
Brokerage Commissions and Fees 115,874 152,897 126,881 193,959
Interest Expense 77,394 129,406 187,356 297,991
Total Expenses 3,942,035 4,646,262 7,584,990 9,867,092
Less: Waivers (228,551) (274,924) (444,047) (561,256)
Net Expenses 3,713,484 4,371,338 7,140,943 9,305,836
Net Investment Income (Loss) 19,159,846 21,316,765 37,881,458 43,208,090
Net Realized Gain (Loss) from        
United States Treasury Obligations (1) 8 (1) 4
Commodity Futures Contracts (39,615,424) (145,076,467) (42,185,602) (215,376,363)
Net Realized Gain (Loss) (39,615,425) (145,076,459) (42,185,603) (215,376,359)
Net Change in Unrealized Gain (Loss) from        
United States Treasury Obligations 128,688 (90,232) (554,636) 138,742
Affiliated Investments (80,454) (275,333) 174,317
Commodity Futures Contracts 39,774,667 28,939,549 93,565,358 (18,704,010)
Net Change in Unrealized Gain (Loss) 39,903,355 28,768,863 92,735,389 (18,390,951)
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts 287,930 (116,307,596) 50,549,786 (233,767,310)
Net Income (Loss) $ 19,447,776 $ (94,990,831) $ 88,431,244 $ (190,559,220)