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Statements of Assets and Liabilities - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash $ 2,435,084 $ 5,181,064
Short-term investments(a) [1] 903,814,706 1,100,309,661
Short-term investments held at broker (restricted)(b) [2] 68,298,743 102,037,820
Receivable for variation margin on open futures contracts (Note 9) 0 14,408,722
Total Assets 974,548,533 1,221,937,267
Liabilities    
Sponsor’s fees payable 623,642 827,410
Payable for variation margin on open futures contracts (Note 9) 5,873,212 0
Total Liabilities 6,496,854 827,410
Commitments and contingent liabilities (Note 7)
Net Assets $ 968,051,679 $ 1,221,109,857
Shares issued and outstanding (in shares) [3] 48,200,000 57,550,000
Net asset value per Share (Note 2G) (in dollars per share) $ 20.08 $ 21.22
[1] Cost of short-term investments: $903,420,311 and $1,099,953,044, respectively.
[2] Cost of short-term investments held at broker (restricted): $68,267,078 and $101,996,781, respectively.
[3] No par value, unlimited amount authorized.