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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities    
Net Income (Loss) $ 20,881,716 $ (4,005,315)
Adjustments to reconcile net income (loss) to net cash provided by (used for) operating activities:    
Cost of securities purchased (200,851,297) (189,990,848)
Proceeds from securities sold and matured 133,499,999 192,999,511
Net accretion of discount on United States Treasury Obligations (84,035) (8,369)
Net realized (gain) loss on United States Treasury Obligations   (1,424)
Net change in unrealized (gain) loss on United States Treasury Obligations and Commodity Futures Contracts (31,346) (7,980,343)
Cash transfer to Commodity Broker to satisfy variation margin requirements (Note 4)   (9,971,010)
Cash received (paid) to Commodity Broker to satisfy open variation margin, net (Note 4)   9,427,018
Change in operating receivables and payables:    
Variation margin (1,188,950) 262,920
Management fee payable 38,896 6,406
Brokerage fee payable 911 (3,010)
Net cash provided by (used for) operating activities (47,734,106) (9,264,464)
Cash flows from financing activities    
Proceeds from sale of Shares 72,720,422 74,847,261
Redemption of Shares (14,511,493) (63,539,406)
Net cash provided by (used for) financing activities 58,208,929 11,307,855
Net change in cash held 10,474,823 2,043,391
Cash at beginning of year 5,341,472 10,651,900
Cash at end of year 15,816,295 $ 12,695,291
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 559