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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net Income (Loss) $ 22,382,410 $ (151,710,385) $ 551,790,070
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Cost of securities purchased (1,072,897,142) (2,725,821,126) (3,513,373,147)
Proceeds from securities sold and matured 1,500,000,000 3,259,999,847 2,882,029,600
Cost of affiliated investments purchased (2,207,958,507) (3,555,261,081) (7,464,209,086)
Proceeds from affiliated investments sold 2,239,424,067 4,072,945,337 8,042,449,383
Net accretion of discount on United States Treasury Obligations (36,358,923) (45,806,209) (18,597,705)
Net realized (gain) loss on United States Treasury Obligations and Affiliated Investments 4 154 103,308
Net change in unrealized (gain) loss on United States Treasury Obligations, Affiliated Investments and LME Commodity Futures Contracts 6,073,186 (37,201,718) 63,097,601
Change in operating assets and liabilities:      
Variation margin - Commodity Futures Contracts (15,115,460) 38,134,315 (62,155,794)
LME Commodity Futures Contracts (4,691,741) (46,384,666) 59,888,443
Dividends from affiliates 992,974 890,154 (4,569,269)
Management fees (314,984) (681,835) 36,219
Brokerage commissions and fees 174 1,498 (557)
Net cash provided by (used in) operating activities 431,536,058 809,104,285 536,489,066
Cash flows from financing activities:      
Distributions paid to shareholders (68,106,248) (84,199,842) (16,159,645)
Proceeds from purchases of Shares 208,115,689 370,325,566 2,336,302,006
Redemption of Shares (562,237,400) (1,095,230,009) (2,856,631,427)
Net cash provided by (used in) financing activities (422,227,959) (809,104,285) (536,489,066)
Net change in cash 9,308,099 0 0
Cash at beginning of period 0 0 0
Cash at end of period 9,308,099 0 0
Supplemental disclosure of cash flow information      
Cash paid for interest $ 433,098 $ 511,287 $ 349,325