| Summary of the Tiered Valuation Input Levels |
The following is a summary of the tiered valuation input levels as of March 31, 2026:
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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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Exchange-Traded Fund |
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$ |
53,988,825 |
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$ |
— |
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$ |
— |
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$ |
53,988,825 |
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Money Market Mutual Fund |
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310,683,743 |
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— |
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— |
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310,683,743 |
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Total Investments in Securities |
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364,672,568 |
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— |
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— |
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364,672,568 |
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Other Investments - Assets(a) |
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Commodity Futures Contracts |
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26,959,370 |
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— |
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— |
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26,959,370 |
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Total Investments |
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$ |
391,631,938 |
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$ |
— |
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$ |
— |
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$ |
391,631,938 |
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(a)Unrealized appreciation (depreciation). The following is a summary of the tiered valuation input levels as of December 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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Exchange-Traded Fund |
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$ |
54,039,975 |
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$ |
— |
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$ |
— |
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|
$ |
54,039,975 |
|
Money Market Mutual Fund |
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|
141,238,309 |
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— |
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— |
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141,238,309 |
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Total Investments in Securities |
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|
195,278,284 |
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— |
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— |
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195,278,284 |
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Other Investments - Liabilities(a) |
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Commodity Futures Contracts |
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(5,298,394 |
) |
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— |
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— |
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(5,298,394 |
) |
Total Investments |
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$ |
189,979,890 |
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|
$ |
— |
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|
$ |
— |
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|
$ |
189,979,890 |
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(a)Unrealized appreciation (depreciation).
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