v3.26.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net gain allocated from investment in Graham Alternative Investment Trading LLC:    
Net realized (loss) gain on investment $ (77,028) $ 618,450
Net increase in unrealized appreciation on investment 273,704 798,717
Brokerage commissions and fees (121,689) (95,943)
Net gain allocated from investment in Graham Alternative Investment Trading LLC 74,987 1,321,224
Investment income:    
Interest income 1,363,561 1,607,485
Expenses:    
Advisory fees 556,285 538,903
Professional fees 268,626 256,125
Sponsor fees 219,490 256,812
Administrator’s fees 57,766 48,838
Incentive allocation 27,654 190,936
Operating expenses 26,030 22,560
Interest expense 7,780 7,915
Total expenses 1,163,631 1,322,089
Net investment income allocated from investment in Graham Alternative Investment Trading LLC 199,930 285,396
Net income $ 274,917 $ 1,606,620