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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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        <name>NEW YORK MERCANTILE EXCHANGE</name>
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          <ticker value="CLF7"/>
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              <counterpartyName>NEW YORK MERCANTILE EXCHANGE</counterpartyName>
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      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
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          <ticker value="GCZ6"/>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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              <counterpartyName>COMMODITY EXCHANGE INC</counterpartyName>
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      <invstOrSec>
        <name>NEW YORK MERCANTILE EXCHANGE</name>
        <lei>5493008GFNDTXFPHWI47</lei>
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          <ticker value="HOF7"/>
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              <counterpartyName>NEW YORK MERCANTILE EXCHANGE</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>HEATING OIL</issuerName>
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      <invstOrSec>
        <name>COMMODITY EXCHANGE INC</name>
        <lei>N/A</lei>
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          <ticker value="SIZ6"/>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>COMMODITY EXCHANGE INC</counterpartyName>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="CZ6"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
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                <issuerName>CORN</issuerName>
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      <invstOrSec>
        <name>ICE-ICE FUTURES LTD</name>
        <lei>N/A</lei>
        <title>BRENT CRUDE FUTR JAN27 COF7</title>
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          <isin value="GB00H7Q1BF17"/>
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        <balance>417.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
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      <invstOrSec>
        <name>ICE FUTURES US</name>
        <lei>5493004R83R1LVX2IL36</lei>
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          <ticker value="KCZ6"/>
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              <counterpartyName>ICE FUTURES US</counterpartyName>
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      <invstOrSec>
        <name>ICE FUTURES US</name>
        <lei>5493004R83R1LVX2IL36</lei>
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          <ticker value="CTZ6"/>
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      <invstOrSec>
        <name>ICE FUTURES US</name>
        <lei>5493004R83R1LVX2IL36</lei>
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          <ticker value="SBH7"/>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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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>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
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          <ticker value="LMPBDP"/>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
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        <balance>-97.00000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
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        <balance>97.00000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <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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        <name>LONDON METAL EXCHANGE</name>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="WZ6"/>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="KWZ6"/>
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        <assetCat>DCO</assetCat>
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            <payOffProf>Long</payOffProf>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
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          <ticker value="SF7"/>
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        <assetCat>DCO</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LMAHDP"/>
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        <balance>-1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>233.81000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>LONDON METAL EXCHANGE</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>ALUMINUM</issuerName>
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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="LMAHDP"/>
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        <balance>155.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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            <payOffProf>Long</payOffProf>
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                <issuerName>ALUMINUM</issuerName>
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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="LMPBDP"/>
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        <balance>56.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-15817.56000000</valUSD>
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        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LMPBDP"/>
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        <balance>-1.00000000</balance>
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        <assetCat>DCO</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
        <title>LME NICKEL CMDY FWD 01/20/27</title>
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        <identifiers>
          <ticker value="LMNIDP"/>
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      <invstOrSec>
        <name>LONDON METAL EXCHANGE</name>
        <lei>213800NB8G5VRT1DXC91</lei>
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          <ticker value="LMZSDP"/>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
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          <ticker value="BOF7"/>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
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          <ticker value="SMF7"/>
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        <name>ICE FUTURES US</name>
        <lei>5493004R83R1LVX2IL36</lei>
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          <ticker value="CCZ6"/>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <name>ROYAL BANK OF CANADA</name>
        <lei>ES7IP3U3RHIGC71XBU11</lei>
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        <name>CITIBANK, N.A.</name>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>CIBC@BCOMF3T LG CM SWAP 10/01/2026 117M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="MWJ613000"/>
        </identifiers>
        <balance>117000000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1204138.95000000</valUSD>
        <pctVal>0.096019130229</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>CANADIAN IMPERIAL BANK OF COMMERCE</counterpartyName>
              <counterpartyLei>2IGI19DL77OX0HC3ZE78</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>BLOOMBERG COMMODITY INDEX 3 MONTH FORWARD TOTAL RETURN</indexName>
                <indexIdentifier>BCOMF3T</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="UNITED STATES SOFR SECURED OVERNIGHT FINL RATE INDX" floatingRtSpread="0.00105000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="7" resetDt="Day" resetDtUnit="7"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-10-01</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>117000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1204138.95000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERRILL LYNCH INTERNATIONAL</name>
        <lei>GGDZP1UYGU9STUHRDP48</lei>
        <title>ML @BCOMF3T LG CM SWAP 09/03/2026 131M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="MWJ660000"/>
        </identifiers>
        <balance>131000000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1347398.48000000</valUSD>
        <pctVal>0.107442774874</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MERRILL LYNCH INTERNATIONAL</counterpartyName>
              <counterpartyLei>GGDZP1UYGU9STUHRDP48</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>BLOOMBERG COMMODITY INDEX 3 MONTH FORWARD TOTAL RETURN</indexName>
                <indexIdentifier>BCOMF3T</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="UNITED STATES SOFR SECURED OVERNIGHT FINL RATE INDX" floatingRtSpread="0.00110000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="7" resetDt="Day" resetDtUnit="7"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-09-03</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>131000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1347398.48000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MERRILL LYNCH INTERNATIONAL</name>
        <lei>GGDZP1UYGU9STUHRDP48</lei>
        <title>ML @BCOMF3T LG CM SWAP 09/24/2026 131M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="MWJ666000"/>
        </identifiers>
        <balance>131000000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1347398.48000000</valUSD>
        <pctVal>0.107442774874</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MERRILL LYNCH INTERNATIONAL</counterpartyName>
              <counterpartyLei>GGDZP1UYGU9STUHRDP48</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>BLOOMBERG COMMODITY INDEX 3 MONTH FORWARD TOTAL RETURN</indexName>
                <indexIdentifier>BCOMF3T</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="UNITED STATES SOFR SECURED OVERNIGHT FINL RATE INDX" floatingRtSpread="0.00110000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="7" resetDt="Day" resetDtUnit="7"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-09-24</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>131000000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1347398.48000000</unrealizedAppr>
          </swapDeriv>
        </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>2026-08-30</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>
