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Additional Valuation Information (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of the Tiered Valuation Input Levels

The following is a summary of the tiered valuation input levels as of December 31, 2021:

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Investments in Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   United States Treasury Obligations

 

$

 

 

$

31,996,668

 

 

$

 

 

$

31,996,668

 

   Exchange-Traded Fund

 

 

11,439,187

 

 

 

 

 

 

 

 

 

 

 

11,439,187

 

   Money Market Mutual Fund

 

 

67,799,964

 

 

 

 

 

 

 

 

 

67,799,964

 

Total Investments in Securities

 

 

79,239,151

 

 

 

31,996,668

 

 

 

 

 

 

111,235,819

 

Other Investments - Assets (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Commodity Futures Contracts

 

 

877,836

 

 

 

 

 

 

 

 

 

877,836

 

Other Investments - Liabilities (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Commodity Futures Contracts

 

 

(3,024,948

)

 

 

 

 

 

 

 

 

(3,024,948

)

Total Other Investments

 

 

(2,147,112

)

 

 

 

 

 

 

 

 

(2,147,112

)

Total Investments

 

$

77,092,039

 

 

$

31,996,668

 

 

$

 

 

$

109,088,707

 

 

(a)

Unrealized appreciation (depreciation).

The following is a summary of the tiered valuation input levels as of December 31, 2020:

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Investments in Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   United States Treasury Obligations

 

$

 

 

$

54,989,124

 

 

$

 

 

$

54,989,124

 

   Exchange-Traded Fund

 

 

17,435,550

 

 

 

 

 

 

 

 

 

17,435,550

 

   Money Market Mutual Fund

 

 

68,605,719

 

 

 

 

 

 

 

 

 

68,605,719

 

Total Investments in Securities

 

 

86,041,269

 

 

 

54,989,124

 

 

 

 

 

 

141,030,393

 

Other Investments - Assets (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Commodity Futures Contracts

 

 

28,341,350

 

 

 

 

 

 

 

 

 

28,341,350

 

Total Investments

 

$

114,382,619

 

 

$

54,989,124

 

 

$

 

 

$

169,371,743

 

 

(a)

Unrealized appreciation (depreciation).