v3.26.1
STATEMENTS OF FINANCIAL CONDITION - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Equity in futures brokers trading accounts    
Cash $ 63,339,211 $ 33,986,212
Fixed income securities (cost $90,420,964 and $96,427,537, respectively) 90,416,227 96,451,407
Net unrealized gain (loss) on open futures contracts 13,718,050 9,561,021
Total equity in futures brokers trading accounts 167,473,488 139,998,640
Cash and cash equivalents 2,547,925 7,433,112
Cash at interbank market maker 15,474,761 14,373,620
Restricted cash at interbank market maker 34,942,876 63,678,190
Short term investments (cost $4,019,670 and $16,788,616, respectively) 4,019,670 16,788,616
Cash at swaps broker 44,217,409 34,393,320
Restricted cash at swaps broker 21,988,729 32,974,983
Fixed income securities (cost $369,875,327 and $308,499,930, respectively) 369,767,883 308,897,170
Interest rate swaps 0 2,150,463
Due from swaps broker 0 383,364
Net unrealized gain on open forward currency contracts 14,530,602 3,558,249
Interest receivable 1,541,821 1,459,583
Subscriptions receivable 0 75,000
Total assets 676,505,164 626,164,310
LIABILITIES    
Redemptions payable 1,851,477 4,794,974
Management fee payable 1,117,949 1,031,563
Payable to custodian 0 20,029
Sales commission payable 894,361 830,132
Accounts payable 459,339 288,963
Credit default index swaps 172,027 17,017
Offering costs payable 156,363 145,042
Interest rate swaps 2,884,754 0
Due to swaps broker 75,926 0
Accrued commissions and other trading fees on open contracts 82,282 98,554
Total liabilities 7,694,478 7,226,274
UNITHOLDERS' CAPITAL (Net Asset Value)    
Total unitholders' capital (Net Asset Value) 668,810,686 618,938,036
Total liabilities and unitholders' capital (Net Asset Value) 676,505,164 626,164,310
Series A Units - Redeemable [Member]    
UNITHOLDERS' CAPITAL (Net Asset Value)    
Other Unitholders 483,085,949 447,960,506
Series B Units - Redeemable [Member]    
UNITHOLDERS' CAPITAL (Net Asset Value)    
Other Unitholders 39,631,943 37,818,957
Series D Units - Redeemable [Member]    
UNITHOLDERS' CAPITAL (Net Asset Value)    
Other Unitholders 81,525,170 72,806,684
Series W Units - Redeemable [Member]    
UNITHOLDERS' CAPITAL (Net Asset Value)    
Other Unitholders $ 64,567,624 $ 60,351,889