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Statement of Financial Condition - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Assets    
United States Treasury Obligations, at value (cost $1,839,147,058 and $2,403,904,566, respectively) $ 1,839,039,728 $ 2,403,838,023
Affiliated investments, at value (cost $317,993,905 and $131,029,805, respectively) 317,746,227 131,029,805
Other investments:    
Variation margin receivable- Commodity Futures Contracts 10,995,195 454,471
LME Commodity Futures Contracts receivable 2,768,350 2,261,914
Unrealized appreciation on LME Commodity Futures Contracts 27,478,010  
Net unrealized appreciation (depreciation) on Commodity Futures Contracts   16,601,502
Cash held by custodian [1] 5,939,564 5,015,157
Receivable for:    
Dividends from affiliates 93,516 42,071
Fund shares sold 59,885,426  
Total assets 2,263,946,016 2,559,242,943
Payable for:    
Management fees 1,584,044 1,773,390
Brokerage commissions and fees 2,779 5,014
Total liabilities 1,586,823 1,778,404
Commitments and Contingencies (Note 10)
Equity    
Shareholder's equity—General Shares 665 633
Shareholders' equity—Shares 2,262,358,528 2,557,463,906
Total shareholders' equity 2,262,359,193 2,557,464,539
Total liabilities and equity $ 2,263,946,016 $ 2,559,242,943
General Shares outstanding 40 40
Shares outstanding 136,000,000 161,600,000
Net asset value per share $ 16.63 $ 15.83
Market value per share $ 16.62 $ 15.84
[1] Cash at December 31, 2017, 2016 and 2015 reflects cash held by the Custodian.