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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Net increase (decrease) in net assets resulting from operations $ (190,208,450) $ 80,418,616 $ 83,661,845
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Purchases of short-term investments (14,886,123,153) (7,773,697,622) (5,383,498,689)
Sales/maturities of short-term investments 15,054,622,653 7,442,051,201 5,035,429,323
Accretion of discount (24,490,437) (9,702,292) (2,294,182)
Net realized (gain) loss on short-term investments (3,343) (2,812) (50,156)
Net change in unrealized appreciation/depreciation on short-term investments (77,730) 59,334 (20,363)
Change in operating assets and liabilities:      
Receivable for variation margin on open futures contracts 4,637,434 (5,558,077) 6,701,406
Payable for variation margin on open futures contracts (1,187,213) 1,187,213
Sponsor’s fees payable (41,821) 206,124 211,342
Brokerage commissions and fees payable 2,171 (5,102) 10,977
Net cash provided by (used in) operating activities (41,682,676) (267,417,843) (258,661,284)
Cash Flows from Financing Activities      
Contributions for Shares issued 281,055,224 346,345,925 401,401,707
Distributions for Shares redeemed (271,125,530) (72,418,741) (115,203,234)
Net cash provided by (used in) financing activities 9,929,694 273,927,184 286,198,473
Net increase (decrease) in cash and cash equivalents (31,752,982) 6,509,341 27,537,189
Cash      
Beginning of period, Unrestricted — cash 41,786,279 35,276,938 7,739,749
End of period, Unrestricted — cash $ 10,033,297 $ 41,786,279 $ 35,276,938