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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed commodity futures contracts $ 7,019,783 $ 4,794,519 $ 43,542,500 $ 27,005,240
Change in unrealized gain (loss) on open commodity futures contracts (2,089,811) 2,141,980 680,157 836,082
Realized gain (loss) on short-term investments       7,730
Dividend income 3,539 18,561 10,678 49,883
Interest income* [1] 8,328 9,432 19,347 147,982
ETF transaction fees 3,150 4,900 9,800 21,000
Total Income (Loss) 4,944,989 6,969,392 44,262,482 28,067,917
Expenses        
General Partner management fees (Note 3) 136,971 155,811 461,578 314,413
Professional fees 53,012 48,111 170,641 102,346
Brokerage commissions 22,920 40,545 79,101 105,896
Directors' fees and insurance 7,007 2,328 17,037 6,210
License fees 3,424 3,895 11,539 7,860
Total Expenses 223,334 250,690 739,896 536,725
Expense waiver (Note 3)   (55,927) (58,573) (143,709)
Net Expenses 223,334 194,763 681,323 393,016
Net Income (Loss) $ 4,721,655 $ 6,774,629 $ 43,581,159 $ 27,674,901
Net Income (Loss) per limited partner share $ 2.59 $ 1.14 $ 14.16 $ (12.28)
Net Income (Loss) per weighted average limited partner share $ 1.90 $ 1.30 $ 13.95 $ 7.22
Weighted average limited partner shares outstanding 2,479,891 5,210,326 3,123,993 3,834,307
[1] Interest income does not exceed paid in kind of 5%.