Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2025 |
Mar. 31, 2024 |
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| Gain (loss) on trading of commodity futures contracts: | ||
| Realized gain (loss) on closed commodity futures contracts | $ 1,827,746 | $ (4,924,948) |
| Change in unrealized gain (loss) on open commodity futures contracts | 2,228,894 | 2,465,648 |
| Dividend income | 109,978 | 142,959 |
| Interest income | 74,528 | 73,645 |
| ETF transaction fees | 2,800 | 2,450 |
| Total Income (Loss) | 4,243,946 | (2,240,246) |
| Expenses | ||
| General Partner management fees (Note 3) | 26,103 | 31,687 |
| Professional fees | 28,273 | 59,321 |
| Brokerage commissions | 1,357 | 3,282 |
| Directors' fees and insurance | 1,153 | 4,832 |
| License fees | 2,186 | 634 |
| Total Expenses | 59,072 | 99,756 |
| Expense waiver (Note 3) | 0 | (61,732) |
| Net Expenses | 59,072 | 38,024 |
| Net Income (Loss) | $ 4,184,874 | $ (2,278,270) |
| Net Income (Loss) per limited partner share | $ 2.14 | $ (0.81) |
| Net Income (Loss) per weighted average limited partner share | $ 2.2 | $ (1.1) |
| Weighted average limited partner shares outstanding | 1,900,556 | 2,074,725 |
| X | ||||||||||
- Definition Amount of expenses waived during the period. No definition available.
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- References No definition available.
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- Definition The expense in the period incurred with respect to protection provided by license entities. No definition available.
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- Definition The amount of total expenses net of waiver. No definition available.
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- Definition Amount of operating dividend income on securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of expense during the period for floor brokerage fees paid to other broker-dealers to execute trades on their behalf, stock exchange fees, order flow fees, and clearance fees. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for investment management fee, including, but not limited to, expense in connection with research, selection, supervision, and custody of investment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per unit of ownership amount after tax of income (loss) available to limited partnership (LP) unit-holder and units that would have been outstanding assuming the issuance of limited partner units for dilutive potential units outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per unit of ownership amount after tax of income (loss) available to outstanding limited partnership (LP) unit-holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Noninterest expense related to directors' fees which are fees paid by an Entity to its directors. Directors' fees may be paid in addition to salary and other benefits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open derivatives, commodity, or energy contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average number of limited partnership units outstanding determined by relating the portion of time within a reporting period that limited partnership units have been outstanding to the total time in that period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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