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Statements of Income and Expenses (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income        
Interest Income $ 1,493,090 $ 69,463 $ 2,385,493 $ 295,423
Expenses        
Management Fee 4,814,098 6,633,351 8,787,385 14,121,917
Brokerage Commissions and Fees 155,543 217,876 275,678 593,882
Interest Expense [1] 7,358   104,245  
Total Expenses 4,976,999 6,851,227 9,167,308 14,715,799
Net Investment Income (Loss) (3,483,909) (6,781,764) (6,781,815) (14,420,376)
Net Realized Gain (Loss) on        
United States Treasury Obligations 632   1,263 6,622
Commodity Futures Contracts (66,087,932) (301,640,755) (265,281,304) (727,075,762)
Net Realized Gain (Loss) (66,087,300) (301,640,755) (265,280,041) (727,069,140)
Net Change in Unrealized Gain (Loss) on        
United States Treasury Obligations 195,958 14,279 374,068 (20,130)
Commodity Futures Contracts 381,444,063 468,319,830 570,979,786 647,818,126
Net Change in Unrealized Gain (Loss) 381,640,021 468,334,109 571,353,854 647,797,996
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts 315,552,721 166,693,354 306,073,813 (79,271,144)
Net Income (Loss) $ 312,068,812 $ 159,911,590 $ 299,291,998 $ (93,691,520)
[1] Interest Expense for the periods ended June 30, 2016 represents interest expense on overdraft balances. These amounts are included in Interest Income for the periods ended June 30, 2015.