| Summary of the Tiered Valuation Input Levels |
The following is a summary of the tiered valuation input levels as of June 30, 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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Money Market Mutual Fund |
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$ |
314,231,596 |
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$ |
— |
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|
$ |
— |
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|
$ |
314,231,596 |
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Other Investments - Assets(a) |
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Commodity Futures Contracts |
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3,388,789 |
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|
— |
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— |
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3,388,789 |
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Other Investments - Liabilities(a) |
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Commodity Futures Contracts |
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|
(10,837,518 |
) |
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|
— |
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|
— |
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|
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(10,837,518 |
) |
Total Other Investments |
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|
(7,448,729 |
) |
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— |
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|
— |
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|
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(7,448,729 |
) |
Total Investments |
|
$ |
306,782,867 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
306,782,867 |
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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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Money Market Mutual Fund |
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|
146,980,895 |
|
|
|
— |
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|
|
— |
|
|
|
146,980,895 |
|
Total Investments in Securities |
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|
146,980,895 |
|
|
|
— |
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|
|
— |
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|
|
146,980,895 |
|
Other Investments - Assets (a) |
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Commodity Futures Contracts |
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|
18,147,658 |
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— |
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|
— |
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|
18,147,658 |
|
Other Investments - Liabilities (a) |
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|
|
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Commodity Futures Contracts |
|
|
(196,992 |
) |
|
|
— |
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|
— |
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(196,992 |
) |
Total Other Investments |
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|
17,950,666 |
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— |
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— |
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|
17,950,666 |
|
Total Investments |
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$ |
164,931,561 |
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|
$ |
— |
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$ |
— |
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$ |
164,931,561 |
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(a)Unrealized appreciation (depreciation).
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