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Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at value (cost $252,672,685 and $135,975,320, respectively) $ 252,671,516 $ 135,984,580
Affiliated investments, at value and cost 19,276,827  
Total Investments, at value (cost $271,949,512 and $135,975,320, respectively) 271,948,343 135,984,580
Cash held by custodian [1],[2]   4,850,927
Receivable for:    
Dividends from affiliates 4,928  
Net unrealized appreciation (depreciation) on Commodity Futures Contracts 12,495,905 (13,891,219)
Total assets 284,449,176 126,944,288
Payable for:    
LME contracts 129,711 12,873,124
Management fee 179,015 82,845
Brokerage commissions and fees 4,561 5,007
Total liabilities 313,287 12,960,976
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity—General Shares 598 475
Shareholders' equity—Shares 284,135,291 113,982,837
Total shareholders' equity 284,135,889 113,983,312
Total liabilities and equity $ 284,449,176 $ 126,944,288
General Shares outstanding 40 40
Shares outstanding 19,000,000 9,600,000
Net asset value per share $ 14.95 $ 11.87
Market value per share $ 14.91 $ 11.91
[1] Cash at December 31, 2014 and prior reflects cash held by Predecessor Commodity Broker.
[2] Cash at December 31, 2016 and 2015 reflects cash held by the Custodian.