XML 16 R6.htm IDEA: XBRL DOCUMENT v3.24.0.1
Statements of Income and Expenses - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income      
Interest Income $ 5,010,578 $ 2,356,232 $ 65,379
Dividends from Affiliates 5,973,648 3,494,731 45,277
Total Income 10,984,226 5,850,963 110,656
Expenses      
Management Fee 1,388,263 3,253,733 2,753,880
Brokerage Commissions and Fees 70,885 107,728 83,746
Interest Expense 42,640 5,357 54
Total Expenses 1,501,788 3,366,818 2,837,680
Less: Waivers (115,867) (184,876) (37,544)
Net Expenses 1,385,921 3,181,942 2,800,136
Net Investment Income (Loss) 9,598,305 2,669,021 (2,689,480)
Net Realized Gain (Loss) on      
Affiliated Investments   11,254  
Capital gain distributions from Affiliated Investments     6,116
Commodity Futures Contracts (55,580,401) 20,907,936 66,438,756
Net Realized Gain (Loss) (55,580,401) 20,919,190 66,444,872
Net Change in Unrealized Gain (Loss) on      
United States Treasury Obligations 5,837 44,336 (2,940)
Affiliated Investments 50,297 (92,109) (18,499)
Commodity Futures Contracts 39,895,432 (89,540,771) 16,836,227
Net Change in Unrealized Gain (Loss) 39,951,566 (89,588,544) 16,814,788
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts (15,628,835) (68,669,354) 83,259,660
Net Income (Loss) $ (6,030,530) $ (66,000,333) $ 80,570,180