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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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          <ticker value="CLX5"/>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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          <ticker value="LMPBDP"/>
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        <isRestrictedSec>N</isRestrictedSec>

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            <payOffProf>Short</payOffProf>
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      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
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          <ticker value="HGZ5"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICE-ICE FUTURES LTD</name>
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          <isin value="GB00H47KCC03"/>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <issuerName>BRENT CRUDE OIL</issuerName>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMZSDP"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
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        <name>ICE FUTURES US</name>
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          <ticker value="SBH6"/>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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          <ticker value="CLU5"/>
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        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>COMMODITY EXCHANGE INC</name>
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        <name>ICE-ICE FUTURES LTD</name>
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        <name>CHICAGO BOARD OF TRADE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCH INC</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
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        <cusip>N/A</cusip>
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          <ticker value="LHV5"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO MERCANTILE EXCH INC</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>LEAN HOGS</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
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          <ticker value="KWH6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>HARD RED WINTER WHEAT</issuerName>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
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        <identifiers>
          <ticker value="CN6"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CORN</issuerName>
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                  <other otherDesc="Internal" value="13K99Q220"/>
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        <securityLending>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LMNIDP"/>
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        <balance>-5.00000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                <issuerName>NICKEL</issuerName>
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        <securityLending>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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        <identifiers>
          <ticker value="NGU25"/>
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        <units>NC</units>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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            <payOffProf>Long</payOffProf>
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        <securityLending>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>LME ZINC CMDY FWD 01/21/26</title>
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        <identifiers>
          <ticker value="LMZSDP"/>
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        <assetCat>DCO</assetCat>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>UST BILLS</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US912797PN17"/>
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        <balance>25000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <identifiers>
          <ticker value="LMAHDP"/>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMNIDP"/>
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        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>LME ZINC CMDY FWD 09/17/25</title>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <lei>549300EX04Q2QBFQTQ27</lei>
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        <name>COMMODITY EXCHANGE INC</name>
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        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMNIDP"/>
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        <assetCat>DCO</assetCat>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMAHDP"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMZSDP"/>
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        <balance>-346.00000000</balance>
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        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMNIDP"/>
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        <name>LONDON METAL EXCHANGE</name>
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        <name>LONDON METAL EXCHANGE</name>
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        <name>LONDON METAL EXCHANGE</name>
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            <expDate>2025-11-17</expDate>
            <notionalAmt>-9964822.46000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>129595.71000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="As of March 2025, monthly returns presented in Item B.5.a. have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-08-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
