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Statements of Income and Expenses - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income      
Interest Income $ 28,685,735 $ 41,701,196 $ 14,035,908
Dividends from Affiliates 7,639,423 6,595,643 2,600,473
Total Income 36,325,158 48,296,839 16,636,381
Expenses      
Management Fees 13,741,915 22,341,142 17,965,282
Brokerage Commissions and Fees 393,428 574,590 492,416
Interest Expense 312,961 782,292 68,451
Total Expenses 14,448,304 23,698,024 18,526,149
Less: Waivers (395,320) (452,247) (432,451)
Net Expenses 14,052,984 23,245,777 18,093,698
Net Investment Income (Loss) 22,272,174 25,051,062 (1,457,317)
Net Realized Gain (Loss) on      
United States Treasury Obligations 54,902 (44,353) (44,293)
Affiliated Investments 35,871    
Commodity Futures Contracts (108,439,638) 43,624,801 58,338,714
Net Realized Gain (Loss) (108,348,865) 43,580,448 58,294,421
Net Change in Unrealized Gain (Loss) on      
United States Treasury Obligations 301,796 46,869 (40,787)
Affiliated Investments 237,240 403,308 (247,678)
Commodity Futures Contracts 291,494,569 (359,469,489) 14,636,898
Net Change in Unrealized Gain (Loss) 292,033,605 (359,019,312) 14,348,433
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts 183,684,740 (315,438,864) 72,642,854
Net Income (Loss) $ 205,956,914 $ (290,387,802) $ 71,185,537