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Statements of Assets and Liabilities - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash $ 10,033,297 $ 41,786,279
Short-term investments(a) [1] 1,135,484,485 1,303,307,115
Short-term investments held at broker (restricted)(b) [2] 64,242,167 40,347,527
Receivable for capital Shares sold 3,263,400
Receivable for variation margin on open futures contracts (Note 9) 920,643 5,558,077
Total Assets 1,210,680,592 1,394,262,398
Liabilities    
Sponsor’s fees payable 805,937 847,758
Brokerage commissions and fees payable 8,046 5,875
Total Liabilities 813,983 853,633
Commitments and contingent liabilities (Note 7)
Net Assets $ 1,209,866,609 $ 1,393,408,765
Shares issued and outstanding(c) (in shares) [3] 86,500,000 85,400,000
Net asset value per Share (Note 2G) (in dollars per share) $ 13.99 $ 16.32
[1] Cost of short-term investments: $1,135,426,788 and $1,303,324,809, respectively.
[2] Cost of short-term investments held at broker (restricted): $64,238,656 and $40,346,355, respectively.
[3] No par value, unlimited amount authorized.