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Statements of Financial Condition - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Assets    
United States Treasury Obligations, at value (cost $846,190,082 and $1,077,885,299, respectively) $ 846,158,812 $ 1,077,913,905
Affiliated investments, at value and cost 3,786,312  
Total Investments, at value (cost $849,976,394 and $1,077,885,299, respectively) 849,945,124 1,077,913,905
Cash held by custodian [1],[2]   51,943,740
Receivable for:    
Variation margin   4,489,462
Dividends from affiliates 16,819  
Total assets 849,961,943 1,134,347,107
Payable for:    
Variation margin 3,514,750  
Due to custodian 1,000  
Management fee 532,758 728,477
Brokerage commissions and fees 4,196 3,814
Total liabilities 4,052,704 732,291
Commitments and Contingencies (Note 9)
Equity    
Shareholder's equity—General Shares 1,057 1,026
Shareholders' equity—Shares 845,908,182 1,133,613,790
Total shareholders' equity 845,909,239 1,133,614,816
Total liabilities and equity $ 849,961,943 $ 1,134,347,107
General Shares outstanding 40 40
Shares outstanding 32,000,000 44,200,000
Net asset value per share $ 26.43 $ 25.65
Market value per share $ 26.45 $ 25.64
[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.