v3.26.1
Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities:    
Net income (loss) $ (660,149) $ 4,184,874
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Change in unrealized (gain) loss on open commodity futures contracts (438,130) (2,228,894)
(Increase) decrease in dividends receivable (8,261) 5,793
(Increase) decrease in interest receivable 20,740 2,778
(Increase) decrease in prepaid insurance (3,405) (6,966)
Increase (decrease) in payable due to Broker   1,661,110
Increase (decrease) in General Partner management fees payable (1,806) (691)
Increase (decrease) in professional fees payable (33,564) (31,854)
Increase (decrease) in directors' fees payable (127) 74
Increase (decrease) in license fees payable 629 653
Net cash provided by (used in) operating activities (1,124,073) 3,586,877
Cash Flows from Financing Activities:    
Addition of partnership shares 1,725,554 511,104
Redemption of partnership shares (4,251,031) (6,948,830)
Net cash provided by (used in) financing activities (2,525,477) (6,437,726)
Net Increase (Decrease) in Cash and Cash Equivalents (3,649,550) (2,850,849)
Total Cash, Cash Equivalents and Equity in Trading Accounts, beginning of period 20,821,885 17,860,450
Total Cash, Cash Equivalents and Equity in Trading Accounts, end of period 17,172,335 15,009,601
Components of Cash, Cash Equivalents and Equity in Trading Accounts:    
Cash and cash equivalents 14,434,677 [1] 15,009,601
Equity in Trading Accounts:    
Cash and cash equivalents 2,737,658  
Total Cash, Cash Equivalents and Equity in Trading Accounts $ 17,172,335 $ 15,009,601
[1] A portion of this amount is designated to meet daily Futures Commission Merchants’ margin requirements.