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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Investment Income        
Interest $ 802,960 $ 6,522,254 $ 3,376,247 $ 13,732,868
Total investment income 802,960 6,522,254 3,376,247 13,732,868
Expenses        
Sponsor’s fees 984,873 2,074,766 2,300,279 4,457,197
Brokerage commissions and fees 237,503 259,443 467,129 596,589
Total expenses 1,222,376 2,334,209 2,767,408 5,053,786
Net Investment income (loss) (419,416) 4,188,045 608,839 8,679,082
Net Realized and Unrealized Gain (Loss)        
Short-term investments 29,175 8,155 61,104 8,256
Futures contracts (82,733,584) (12,341,801) (306,932,849) (10,416,570)
Net realized loss (82,704,409) (12,333,646) (306,871,745) (10,408,314)
Net change in unrealized appreciation/depreciation on:        
Short-term investments (715,749) 215,459 (85,594) 353,577
Futures contracts 141,549,159 (7,677,541) (4,043,305) 156,080,822
Net change in unrealized appreciation/depreciation 140,833,410 (7,462,082) (4,128,899) 156,434,399
Net realized and unrealized gain (loss) 58,129,001 (19,795,728) (311,000,644) 146,026,085
Net increase (decrease) in net assets resulting from operations $ 57,709,585 $ (15,607,683) $ (310,391,805) $ 154,705,167
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 1.04 $ (0.23) $ (5.78) $ 2.03
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.