Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
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| Investment Income | ||||||
| Interest | $ 9,133,849 | $ 10,836,500 | $ 27,049,608 | $ 31,814,938 | ||
| Total investment income | 9,133,849 | 10,836,500 | 27,049,608 | 31,814,938 | ||
| Expenses | ||||||
| Sponsor’s fee | 1,835,610 | 1,905,877 | 5,505,124 | 5,563,724 | ||
| Brokerage commissions and fees | 125,467 | 147,798 | 386,476 | 510,481 | ||
| Total expenses | 1,961,077 | 2,053,675 | 5,891,600 | 6,074,205 | ||
| Net investment income | 7,172,772 | 8,782,825 | 21,158,008 | 25,740,733 | ||
| Net Realized and Unrealized Gain (Loss) | ||||||
| Short-term investments | 719 | 1,244 | 31,556 | 3,399 | ||
| Futures contracts | 114,685,407 | 17,956,102 | 373,712,545 | 48,119,207 | ||
| Net realized gain | 114,686,126 | 17,957,346 | 373,744,101 | 48,122,606 | ||
| Net change in unrealized appreciation/depreciation on: | ||||||
| Short-term investments | (90,472) | 62,780 | (389,342) | (163,619) | ||
| Futures contracts | 84,736,873 | 11,839,522 | 3,820,278 | (25,642,257) | ||
| Net change in unrealized appreciation/depreciation | 84,646,401 | 11,902,302 | 3,430,936 | (25,805,876) | ||
| Net realized and unrealized gain | 199,332,527 | 29,859,648 | 377,175,037 | 22,316,730 | ||
| Net increase (decrease) in net assets resulting from operations | $ 206,505,299 | $ 38,642,473 | $ 398,333,045 | $ 48,057,463 | ||
| Net increase in net assets per Share (in dollars per share) | [1] | $ 7.01 | $ 0.87 | $ 12.28 | $ 1.08 | |
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Broker-dealers often use other brokers to execute trades on their behalf. The trading broker-dealer becomes a customer of the executing broker-dealer and pays a floor brokerage fee. Such fees are paid periodically either directly to the executing broker-dealer or through a clearing house. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The difference between the book value and the sale price of agreements to purchase or sell mineral resources, energy, and agricultural products at some future point. This element refers to the gain (loss) included in earnings and not to the cash proceeds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of operating interest income, including, but not limited to, amortization and accretion of premiums and discounts on securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized gain (loss) on investment in marketable security. No definition available.
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- Definition Amount of unrealized gain (loss) on investment in marketable security. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after investment expense, of income earned from investments in securities and real estate. Includes, but is not limited to, real estate investment, policy loans, dividends, and interest. Excludes realized gain (loss) on investments. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- References No definition available.
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- Definition Amount, before tax, of realized and unrealized gain (loss) on investment, derivative, and foreign currency transaction on investment and derivative from change in market price, classified as operating. Investment includes, but is not limited to, debt and equity securities, security sold short, real estate, and commodity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized gain (loss) on investment, derivative, and foreign currency transaction on investment and derivative from change in market price, classified as operating. Investment includes, but is not limited to, debt and equity securities, security sold short, real estate, and commodity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before tax, of unrealized gain (loss) on investment, derivative, and foreign currency transaction on investment and derivative from change in market price, classified as operating. Investment includes, but is not limited to, debt and equity securities, security sold short, real estate, and commodity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open agreements to purchase or sell mineral resources, energy, and agricultural products at some future point held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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