Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

The fair value of derivative instruments at December 31, 2019 and 2018, were as follows:

As of:	Derivative Instruments		Asset Derivatives(i)		Liability Derivatives(ii)
December 31, 2019		Commodity Futures	$	6,162,155	$	—
December 31, 2018		Commodity Futures	$	—	$	7,560,832

(i)  Values are disclosed on the Statements of Financial Condition under Net unrealized appreciation on futures contracts.

(ii)  Values are disclosed on the Statements of Financial Condition under Net unrealized depreciation on futures contracts.

Schedule of Summary of Realized and Unrealized Gains and Losses of Derivative Instruments Utilized by Master Fund

The following is a summary of the realized and unrealized gains and losses of the derivative instruments utilized by the Master Fund for the years ended December 31, 2019, 2018 and 2017:

Period	Derivative Instruments		Realized Gain (Loss) on Derivative Instruments(i)			Net Change in Unrealized Gain (Loss) on  Derivative Instruments(ii)
Year ended December 31, 2019		Commodity Futures	$	(5,896,732	)	$	13,722,987
Year ended December 31, 2018		Commodity Futures	$	(8,933,189	)	$	(8,597,597	)
Year ended December 31, 2017		Commodity Futures	$	(3,917,989	)	$	2,461,480

(i) Values are disclosed on the Statements of Income and Expenses under Net realized gain (loss) from futures contracts.

(ii) Values are disclosed on the Statements of Income and Expenses under Net increase (decrease) in unrealized appreciation/depreciation from futures contracts.