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Statement of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at value (cost $2,403,904,566 and $1,936,918,775, respectively) $ 2,403,838,023 $ 1,936,908,405
Affiliated investments, at value and cost 131,029,805  
Total investments, at value (cost $2,534,934,371 and $1,936,918,775, respectively) 2,534,867,828 1,936,908,405
Cash held by custodian [1],[2] 5,015,157 92,092,936
Receivable for:    
Dividends from affiliates 42,071  
LME contracts 2,261,914  
Variation margin 454,471 16,665,912
Net unrealized appreciation (depreciation) on Commodity Futures Contracts 16,601,502 (34,446,056)
Total assets 2,559,242,943 2,011,221,197
Payable for:    
LME contracts   22,459,170
Management fee 1,773,390 1,534,015
Brokerage commissions and fees 5,014 5,000
Total liabilities 1,778,404 23,998,185
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity—General Shares 633 534
Shareholders' equity—Shares 2,557,463,906 1,987,222,478
Total shareholders' equity 2,557,464,539 1,987,223,012
Total liabilities and equity $ 2,559,242,943 $ 2,011,221,197
General Shares outstanding 40 40
Shares outstanding 161,600,000 148,800,000
Net asset value per share $ 15.83 $ 13.35
Market value per share $ 15.84 $ 13.37
[1] Cash at December 31, 2014 and prior reflects cash held by Predecessor Commodity Broker
[2] Cash at December 31, 2016 and 2015 reflects cash held by the Custodian.