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Statements of Income and Expenses (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income        
Interest Income $ 103,534 $ 6,695,131 $ 3,204,737 $ 24,115,062
Dividends from Affiliates 160,952 1,837,418 2,762,551 5,844,853
Total Income 264,486 8,532,549 5,967,288 29,959,915
Expenses        
Management Fees 2,137,418 3,204,939 6,300,576 10,768,355
Brokerage Commissions and Fees 87,241 123,146 250,603 290,905
Interest Expense 2,934 36,153 38,852 290,361
Total Expenses 2,227,593 3,364,238 6,590,031 11,349,621
Less: Waivers (235,059) (93,078) (563,933) (280,253)
Net Expenses 1,992,534 3,271,160 6,026,098 11,069,368
Net Investment Income (Loss) (1,728,048) 5,261,389 (58,810) 18,890,547
Net Realized Gain (Loss) on        
United States Treasury Obligations 1,105 33,003 150,237 32,242
Affiliated Investments     384,050  
Commodity Futures Contracts (18,219,332) (40,903,614) (209,756,791) (102,006,167)
Net Realized Gain (Loss) (18,218,227) (40,870,611) (209,222,504) (101,973,925)
Net Change in Unrealized Gain (Loss) on        
United States Treasury Obligations 11,894 (255,940) (230,793) 362,864
Affiliated Investments (119,868) (47,447) 216,059 320,274
Commodity Futures Contracts 73,823,788 (40,061,347) (47,238,166) 181,974,461
Net Change in Unrealized Gain (Loss) 73,715,814 (40,364,734) (47,252,900) 182,657,599
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts 55,497,587 (81,235,345) (256,475,404) 80,683,674
Net Income (Loss) $ 53,769,539 $ (75,973,956) $ (256,534,214) $ 99,574,221