Statements of Financial Condition - USD ($)
|
Dec. 31, 2016 |
Dec. 31, 2015 |
| Assets |
|
|
| Cash and cash equivalents (Notes 2 and 5) |
$ 103,167,056
|
$ 67,996,295
|
| Equity in trading accounts: |
|
|
| Cash and cash equivalents |
8,297,821
|
20,732,135
|
| Unrealized gain (loss) on open commodity futures contracts |
2,332,880
|
(7,442,340)
|
| Receivable for shares sold |
0
|
1,238,809
|
| Receivable from General Partner (Note 3) |
189,745
|
135,365
|
| Dividends receivable |
10,378
|
39
|
| ETF transaction fees receivable |
700
|
700
|
| Total assets |
113,998,580
|
82,661,003
|
| Liabilities and Capital |
|
|
| Payable for shares redeemed |
785,318
|
0
|
| General Partner management fees payable (Note 3) |
74,409
|
49,275
|
| Professional fees payable |
107,421
|
113,211
|
| Brokerage commissions payable |
7,176
|
5,746
|
| Directors' fees and insurance payable |
1,184
|
661
|
| Total liabilities |
975,508
|
168,893
|
| Commitments and Contingencies (Notes 3, 4 and 5) |
|
|
| Partners' Capital |
|
|
| General Partner |
0
|
0
|
| Limited Partners |
113,023,072
|
82,492,110
|
| Total Partners' Capital |
113,023,072
|
82,492,110
|
| Total liabilities and partners' capital |
$ 113,998,580
|
$ 82,661,003
|
| Limited Partners' shares outstanding |
7,200,000
|
6,750,000
|
| Net asset value per share |
$ 15.70
|
$ 12.22
|
| Market value per share |
$ 15.68
|
$ 12.24
|