Fair Value (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value [Abstract]

Schedule Of Financial Assets And Liabilities At Fair Value

Financial assets at fair value as of March 31, 2020
		Level 1		Level 2		Total
U.S. Treasury Notes (1)	$	110,872,792	$	-	$	110,872,792
Short-Term Money Market Fund*		8,903,666		-		8,903,666
Exchange-Traded Futures Contracts
Energies		876,755		-		876,755
Grains		55,475		-		55,475
Interest rates		604,490		-		604,490
Livestock		2,620		-		2,620
Metals		355,483		-		355,483
Softs		70,581		-		70,581
Stock indices		316,302		-		316,302
Total exchange-traded futures contracts		2,281,706		-		2,281,706
Over-the-Counter Forward Currency Contracts		-		1,645,336		1,645,336
Total futures and forward currency contracts (2)		2,281,706		1,645,336		3,927,042
Total financial assets and liabilities at fair value	$	122,058,164	$	1,645,336	$	123,703,500
Per line item in Statements of Financial Condition
(1)
Investments in U.S. Treasury notes held in equity trading accounts as collateral					$	9,255,178
Investments in U.S. Treasury notes						101,617,614
Total investments in U.S. Treasury notes					$	110,872,792
(2)
Net unrealized appreciation on open futures and forward currency contracts					$	4,074,779
Net unrealized depreciation on open futures and forward currency contracts						(147,737)
Total net unrealized appreciation on open futures and forward currency contracts					$	3,927,042
*The short-term money market fund is included in Cash and Cash Equivalents on the Statements of Financial Condition.

Financial assets and liabilities at fair value as of December 31, 2019
		Level 1		Level 2		Total
U.S. Treasury Notes (1)	$	133,560,635	$	-	$	133,560,635
Short-Term Money Market Fund*		13,861,142		-		13,861,142
Exchange-Traded Futures Contracts
Energies		312,136		-		312,136
Grains		(187,779)		-		(187,779)
Interest rates		394,563		-		394,563
Livestock		(140)		-		(140)
Metals		295,006		-		295,006
Softs		(3,723)		-		(3,723)
Stock indices		287,409		-		287,409
Total exchange-traded futures contracts		1,097,472		-		1,097,472
Over-the-Counter Forward Currency Contracts		-		(1,196,064)		(1,196,064)
Total futures and forward currency contracts (2)		1,097,472		(1,196,064)		(98,592)
Total financial assets and liabilities at fair value	$	148,519,249	$	(1,196,064)	$	147,323,185
Per line item in Statements of Financial Condition
(1)
Investments in U.S. Treasury notes held in equity trading accounts as collateral					$	19,975,068
Investments in U.S. Treasury notes						113,585,567
Total investments in U.S. Treasury notes					$	133,560,635
(2)
Net unrealized appreciation on open futures and forward currency contracts					$	1,097,472
Net unrealized depreciation on open futures and forward currency contracts						(1,196,064)
Total net unrealized depreciation on open futures and forward currency contracts					$	(98,592)
*The short-term money market fund is included in Cash and Cash Equivalents on the Statements of Financial Condition.