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Unaudited Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC:        
Net realized (loss) gain on investment $ (828,027) $ (101,108) $ 355,420 $ 1,710,597
Net increase (decrease) in unrealized appreciation on investment 654,851 (387,489) 437,795 805,608
Brokerage commissions and fees (30,503) (24,849) (60,140) (43,035)
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC (203,679) (513,446) 733,075 2,473,170
Investment income:        
Interest income 334,916 423,957 705,778 846,274
Expenses:        
Advisory fees 142,919 132,630 284,289 264,941
Sponsor fees 56,142 65,914 112,375 131,354
Professional fees 46,570 71,044 123,069 127,035
Administrator’s fees 13,328 10,885 26,571 21,932
Operating expenses 6,156 5,793 12,055 11,362
Interest expense 1,965 2,022 3,955 3,964
Incentive allocation 119 189 27,654 171,915
Total expenses 267,199 288,477 589,968 732,503
Net investment income allocated from investment in Graham Alternative Investment Trading LLC 67,717 135,480 115,810 113,771
Net (loss) income $ (135,962) $ (377,966) $ 848,885 $ 2,586,941