v3.26.1
Financial Highlights (Tables)
 3 Months Ended
Mar. 31, 2026
Financial Highlights [Abstract]  
Operating Performance Calculation Per Unit
The following is the per Unit operating performance calculation for the three months ended March 31, 2026 and 2025:
 
   
Class 0
    
Class 2
    
Class 3-A
    
Class 3-B
  
Per unit operating performance
                        
Net asset value per Unit, December 31, 2024
  
$
235.13
    
$
164.69
    
$
–
    
$
95.51
  
Initial subscription, January 1, 2025
    
–
      
–
      
97.68
      
–
  
Net income:
                                
Net investment income (loss)
    
0.61
      
0.12
      
(0.02
)
    
(0.30
)
Net gain on investments
    
6.17
      
4.32
      
2.56
      
2.50
  
Net income
    
6.78
      
4.44
      
2.54
      
2.20
  
Net asset value per Unit, March 31, 2025
  
$
241.91
    
$
169.13
    
$
100.22
    
$
97.71
  
                                 
Net asset value per Unit, December 31, 2025
  
$
237.84
    
$
165.34
    
$
98.91
    
$
96.07
  
Net income:
                                
Net investment income (loss)
    
0.22
      
(0.16
)
    
(0.05
)
    
(0.04
)
Net gain on investments
    
2.62
      
1.82
      
1.09
      
1.16
  
Net income
    
2.84
      
1.66
      
1.04
      
1.12
  
Net asset value per Unit, March 31, 2026
  
$
240.68
    
$
167.00
    
$
99.95
    
$
97.19
  
Ratios to Average Members' Capital and Total Return
The following represents ratios to average Members’ Capital and total return for the three months ended March 31, 2026 and 2025:
   
Class 0
    
Class 2
    
Class 3-A
    
Class 3-B
  
   
2026
    
2025
    
2026
    
2025
    
2026
    
2025
    
2026
    
2025
  
                                                 
Total return before Incentive Allocation
    
1.20
%
    
2.88
%
    
1.00
%
    
2.69
%
    
1.33
%
    
3.01
%
    
1.20
%
    
2.88
%
Incentive Allocation
    
0.00
      
0.00
      
0.00
      
0.00
      
(0.27
)
    
(0.41
)
    
(0.03
)
    
(0.58
)
Total return after Incentive Allocation
    
1.20
%
    
2.88
%
    
1.00
%
    
2.69
%
    
1.06
%
    
2.60
%
    
1.17
%
    
2.30
%
                                                                 
Net investment income (loss) before Incentive Allocation
    
0.09
%
    
0.26
%
    
(0.09
)%
    
0.07
%
    
0.22
%
    
0.38
%
    
0.09
%
    
0.25
%
Incentive Allocation
    
0.00
      
0.00
      
0.00
      
0.00
      
(0.27
)
    
(0.40
)
    
(0.14
)
    
(0.56
)
Net investment income (loss) after Incentive Allocation
    
0.09
%
    
0.26
%
    
(0.09
)%
    
0.07
%
    
(0.05
)%
    
(0.02
)%
    
(0.05
)%
    
(0.31
)%
                                                                 
Total expenses before Incentive Allocation
    
0.78
%
    
0.77
%
    
0.96
%
    
0.95
%
    
0.65
%
    
0.64
%
    
0.76
%
    
0.78
%
Incentive Allocation
    
0.00
      
0.00
      
0.00
      
0.00
      
0.27
      
0.40
      
0.14
      
0.56
  
Total expenses after Incentive Allocation
    
0.78
%
    
0.77
%
    
0.96
%
    
0.95
%
    
0.92
%
    
1.04
%
    
0.90
%
    
1.34
%