Fair Value (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value [Abstract]

Schedule Of Financial Assets And Liabilities At Fair Value

Financial assets at fair value as of September 30, 2020
		Level 1		Level 2		Total
U.S. Treasury Notes (1)	$	103,240,859	$	-	$	103,240,859
Short-Term Money Market Fund*		9,342,913		-		9,342,913
Exchange-Traded Futures Contracts
Energies		35,320		-		35,320
Grains		19,199		-		19,199
Interest rates		683,654		-		683,654
Livestock		(2,650)		-		(2,650)
Metals		31,057		-		31,057
Softs		33,266		-		33,266
Stock indices		189,971		-		189,971
Total exchange-traded futures contracts		989,817		-		989,817
Over-the-Counter Forward Currency Contracts		-		767,335		767,335
Total futures and forward currency contracts (2)		989,817		767,335		1,757,152
Total financial assets and liabilities at fair value	$	113,573,589	$	767,335	$	114,340,924
Per line item in the Statements of Financial Condition
(1)
Investments in U.S. Treasury notes held in equity trading accounts as collateral					$	12,619,922
Investments in U.S. Treasury notes						90,620,937
Total investments in U.S. Treasury notes					$	103,240,859
(2)
Net unrealized appreciation on open futures and forward currency contracts					$	1,759,588
Net unrealized depreciation on open futures and forward currency contracts						(2,436)
Total net unrealized appreciation on open futures and forward currency contracts					$	1,757,152
*The short-term money market fund is included in Cash and Cash Equivalents in 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.