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Statements of Assets and Liabilities (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash $ 30,430,030 $ 31,242,158
Short-term investments, at fair value [1] 508,126,088 721,080,429
Short-term investments held at the broker (restricted), at fair value [2] 55,726,170 29,438,936
Receivable for variation margin on open futures contracts (Note 9) 3,964,473 0
Receivable for capital Shares sold 11,358,791 0
Total Assets 609,605,552 781,761,523
Liabilities    
Sponsor’s fees payable 361,345 465,837
Payable for variation margin on open futures contracts (Note 9) 0 5,952,581
Total Liabilities 361,345 6,418,418
Commitments and contingent liabilities (Note 7)
Net Assets $ 609,244,207 $ 775,343,105
Shares issued and outstanding (in shares) [3] 59,000,000 47,750,000
Net asset value per Share (Note 2G) (in dollars per share) $ 10.33 $ 16.24
[1] Cost of short-term investments: $508,123,101 and $720,991,393, respectively.
[2] Cost of short-term investments held at the broker (restricted): $55,714,629 and $29,427,850, respectively.
[3] No par value, unlimited amount authorized.