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Unaudited Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC:        
Net realized (loss) gain on investment $ (1,839,276) $ 2,971,820 $ (128,679) $ 3,163,962
Net increase (decrease) in unrealized appreciation on investment 78,806 (248,750) 884,414 (494,453)
Brokerage commissions and fees (24,398) (21,270) (67,433) (67,609)
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC (1,784,868) 2,701,800 688,302 2,601,900
Investment income:        
Interest income 360,712 392,050 1,206,986 887,131
Expenses:        
Advisory fees 131,011 137,783 395,952 383,469
Sponsor fees 63,932 68,596 195,286 193,653
Professional fees 34,911 58,279 161,946 144,370
Administrator's fees 10,697 11,594 32,629 32,494
Operating expenses 5,357 5,347 16,719 15,960
Interest expense 1,939 1,906 5,903 5,689
Incentive allocation 0 377,471 171,915 377,041
Total expenses 247,847 660,976 980,350 1,152,676
Net investment income (loss) allocated from investment in Graham Alternative Investment Trading LLC 112,865 (268,926) 226,636 (265,545)
Net (loss) income $ (1,672,003) $ 2,432,874 $ 914,938 $ 2,336,355