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Statement of Financial Condition (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Assets    
United States Treasury Obligations, at value (cost $474,568,360 and $664,622,057, respectively) $ 474,944,195 $ 664,863,392
Affiliated investments, at value (cost $283,023,520 and $767,489,717, respectively) 284,958,450 767,882,587
Other investments:    
Unrealized appreciation on LME Commodity Futures Contracts   7,078,689
Cash held by custodian 11,448,069 0
Receivable for:    
Dividends from affiliates 77,143 346,785
Securities sold 30,000,280  
Fund shares sold 2,268,548  
Total assets 803,696,685 1,440,171,453
Other investments:    
Variation margin payable- Commodity Futures Contracts 5,624,988 8,060,074
LME Commodity Futures Contracts payable 3,017,981 2,496,880
Unrealized depreciation on LME Commodity Futures Contracts 15,220,023  
Payable for:    
Management fees 630,681 954,189
Brokerage commissions and fees 3,913 3,227
Total liabilities 24,497,586 11,514,370
Commitments and Contingencies (Note 10)
Equity    
Shareholder's equity—General Shares 452 638
Shareholders' equity—Shares 779,198,647 1,428,656,445
Total shareholders' equity 779,199,099 1,428,657,083
Total liabilities and equity $ 803,696,685 $ 1,440,171,453
General Shares outstanding 40 40
Shares outstanding 69,000,000 89,600,000
Net asset value per share $ 11.29 $ 15.94
Market value per share $ 11.26 $ 15.96