| Summary of the Tiered Valuation Input Levels |
The following is a summary of the tiered valuation input levels as of March 31, 2025:
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Investments in Securities |
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Money Market Mutual Fund |
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$ |
45,395,218 |
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$ |
— |
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$ |
— |
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$ |
45,395,218 |
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Total Investments in Securities |
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45,395,218 |
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— |
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— |
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45,395,218 |
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Other Investments - Assets (a) |
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Commodity Futures Contracts |
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4,135,706 |
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— |
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— |
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4,135,706 |
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Other Investments - Liabilities (a) |
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Commodity Futures Contracts |
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(874,888 |
) |
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— |
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— |
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(874,888 |
) |
Total Other Investments |
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3,260,818 |
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— |
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— |
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3,260,818 |
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Total Investments |
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$ |
48,656,036 |
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$ |
— |
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$ |
— |
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$ |
48,656,036 |
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(a)Unrealized appreciation (depreciation). The following is a summary of the tiered valuation input levels as of December 31, 2024:
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Investments in Securities |
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United States Treasury Obligations |
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$ |
— |
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$ |
19,853,708 |
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$ |
— |
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$ |
19,853,708 |
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Money Market Mutual Fund |
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26,514,962 |
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— |
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— |
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26,514,962 |
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Total Investments in Securities |
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26,514,962 |
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|
19,853,708 |
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— |
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46,368,670 |
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Other Investments - Assets (a) |
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Commodity Futures Contracts |
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1,510,293 |
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— |
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— |
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1,510,293 |
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Other Investments - Liabilities (a) |
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Commodity Futures Contracts |
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|
(987,212 |
) |
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— |
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— |
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(987,212 |
) |
Total Other Investments |
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523,081 |
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— |
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— |
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523,081 |
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Total Investments |
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$ |
27,038,043 |
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$ |
19,853,708 |
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$ |
— |
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$ |
46,891,751 |
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(a)Unrealized appreciation (depreciation).
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