10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-16-018892 |
| Period End Date | 20160331 |
| Filing Date | 20160510 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | dbc-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
45 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| United States Treasury Obligations, at fair value (cost $1,892,585,420 and $1,936,918,775, respectively) |
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
$4.98B | USD | Point-in-time |
| United States Treasury Obligations, at fair value (cost $1,892,585,420 and $1,936,918,775, respectively) |
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
$1.94B | USD | Point-in-time |
| United States Treasury Obligations, at fair value (cost $1,892,585,420 and $1,936,918,775, respectively) |
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
$1.89B | USD | Point-in-time |
| Cash held by custodian |
RestrictedCashAndCashEquivalents
|
$76.72M | USD | Point-in-time |
| Cash held by custodian |
RestrictedCashAndCashEquivalents
|
$92.09M | USD | Point-in-time |
| Net unrealized appreciation (depreciation) on Commodity Futures Contracts |
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed
|
$14.15M | USD | Point-in-time |
| Net unrealized appreciation (depreciation) on Commodity Futures Contracts |
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed
|
$-34.45M | USD | Point-in-time |
| Variation margin receivable |
ReceivablesFromClearingOrganizations
|
$16.67M | USD | Point-in-time |
| Receivable for securities sold |
ReceivablesFromBrokersDealersAndClearingOrganizations
|
$21.00M | USD | Point-in-time |
| Restricted for maintenance margin |
GoodFaithAndMarginDepositsWithBrokerDealers
|
$365.51M | USD | Point-in-time |
| Total assets |
Assets
|
$2.00B | USD | Point-in-time |
| Restricted for maintenance margin |
GoodFaithAndMarginDepositsWithBrokerDealers
|
$369.02M | USD | Point-in-time |
| Total assets |
Assets
|
$2.01B | USD | Point-in-time |
| Variation margin payable |
PayableToClearingOrganizations
|
$5.10M | USD | Point-in-time |
| Payable for LME contracts |
TradingLiabilities
|
$22.46M | USD | Point-in-time |
| Payable for LME contracts |
TradingLiabilities
|
$801.99K | USD | Point-in-time |
| Management fee payable |
DueToRelatedPartiesCurrentAndNoncurrent
|
$1.40M | USD | Point-in-time |
| Management fee payable |
DueToRelatedPartiesCurrentAndNoncurrent
|
$1.53M | USD | Point-in-time |
| Brokerage fee payable |
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
$5.00K | USD | Point-in-time |
| Brokerage fee payable |
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
$5.18K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$7.31M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$24.00M | USD | Point-in-time |
| Commitments and Contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 9) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Shareholder's equityGeneral Shares |
GeneralPartnersCapitalAccount
|
$534.00 | USD | Point-in-time |
| Shareholder's equityGeneral Shares |
GeneralPartnersCapitalAccount
|
$532.00 | USD | Point-in-time |
| Shareholders' equityShares |
LimitedPartnersCapitalAccount
|
$1.99B | USD | Point-in-time |
| Shareholders' equityShares |
LimitedPartnersCapitalAccount
|
$2.00B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.99B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$4.04B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.00B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.01B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.00B | USD | Point-in-time |
| General Shares outstanding |
GeneralPartnersCapitalAccountUnitsOutstanding
|
40.00 | shares | Point-in-time |
| General Shares outstanding |
GeneralPartnersCapitalAccountUnitsOutstanding
|
40.00 | shares | Point-in-time |
| General Shares outstanding |
GeneralPartnersCapitalAccountUnitsOutstanding
|
40.00 | shares | Point-in-time |
| Shares outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
150.20M | shares | Point-in-time |
| Shares outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
148.80M | shares | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$13.30 | USD | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$13.35 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$13.37 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$18.45 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$17.09 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$13.30 | USD | Point-in-time |
Income Statement
27 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest Income |
InterestIncomeOperating
|
$225.96K | USD | 1 Quarter |
| Interest Income |
InterestIncomeOperating
|
$892.40K | USD | 1 Quarter |
| Management Fee |
ProfessionalFees
|
$3.97M | USD | 1 Quarter |
| Management Fee |
ProfessionalFees
|
$7.49M | USD | 1 Quarter |
| Brokerage Commissions and Fees |
FloorBrokerageExchangeAndClearanceFees
|
$376.01K | USD | 1 Quarter |
| Brokerage Commissions and Fees |
FloorBrokerageExchangeAndClearanceFees
|
$120.14K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$96.89K | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
$7.86M | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
$4.19M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-3.30M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-7.64M | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$631.00 | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$6.62K | USD | 1 Quarter |
| Commodity Futures Contracts |
GainLossOnSaleOfInvestments
|
$-199.19M | USD | 1 Quarter |
| Commodity Futures Contracts |
GainLossOnSaleOfInvestments
|
$-425.44M | USD | 1 Quarter |
| Net Realized Gain (Loss) |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-199.19M | USD | 1 Quarter |
| Net Realized Gain (Loss) |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-425.43M | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesUnrealizedGainLoss
|
$178.11K | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesUnrealizedGainLoss
|
$-34.41K | USD | 1 Quarter |
| Commodity Futures Contracts |
UnrealizedGainLossOnInvestments
|
$189.54M | USD | 1 Quarter |
| Commodity Futures Contracts |
UnrealizedGainLossOnInvestments
|
$179.50M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$179.46M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$189.71M | USD | 1 Quarter |
| Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
GainLossOnInvestments
|
$-245.96M | USD | 1 Quarter |
| Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
GainLossOnInvestments
|
$-9.48M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-253.60M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
Cash Flow Statement
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income (Loss) |
NetIncomeLoss
|
$-253.60M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
| Cost of securities purchased |
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
$1.91B | USD | 1 Quarter |
| Cost of securities purchased |
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
$2.50B | USD | 1 Quarter |
| Proceeds from securities sold and matured |
ProceedsFromSaleOfSecuritiesOperatingActivities
|
$1.94B | USD | 1 Quarter |
| Proceeds from securities sold and matured |
ProceedsFromSaleOfSecuritiesOperatingActivities
|
$4.08B | USD | 1 Quarter |
| Net accretion of discount on United States Treasury Obligations |
DepreciationAmortizationAndAccretionNet
|
$-892.40K | USD | 1 Quarter |
| Net accretion of discount on United States Treasury Obligations |
DepreciationAmortizationAndAccretionNet
|
$-240.51K | USD | 1 Quarter |
| Net realized (gain) loss on United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$631.00 | USD | 1 Quarter |
| Net realized (gain) loss on United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$6.62K | USD | 1 Quarter |
| Net change in unrealized (gain) loss on United States Treasury Obligations and Commodity futures contracts |
UnrealizedGainLossOnMarketableSecuritiesAndDerivativesAndCommodityContracts
|
$179.46M | USD | 1 Quarter |
| Net change in unrealized (gain) loss on United States Treasury Obligations and Commodity futures contracts |
UnrealizedGainLossOnMarketableSecuritiesAndDerivativesAndCommodityContracts
|
$48.77M | USD | 1 Quarter |
| Cash transfer to Commodity Broker to satisfy variation margin requirements (Note 4) |
CashTransferred
|
$-584.26M | USD | 1 Quarter |
| Cash received (paid) to Commodity Broker to satisfy open variation margin, net (Note 4) |
ProceedsFromPaymentsToCommodityBroker
|
$12.13M | USD | 1 Quarter |
| Variation margin |
IncreaseDecreaseInVariationMargin
|
$-35.61M | USD | 1 Quarter |
| Variation margin |
IncreaseDecreaseInVariationMargin
|
$-21.76M | USD | 1 Quarter |
| Payable for LME contracts |
IncreaseDecreaseInTradingLiabilities
|
$-21.66M | USD | 1 Quarter |
| Payable for LME contracts |
IncreaseDecreaseInTradingLiabilities
|
$426.96K | USD | 1 Quarter |
| Management fee payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-733.59K | USD | 1 Quarter |
| Management fee payable |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-129.96K | USD | 1 Quarter |
| Brokerage fee payable |
IncreaseDecreaseInPayablesToBrokerDealers
|
$308.00 | USD | 1 Quarter |
| Brokerage fee payable |
IncreaseDecreaseInPayablesToBrokerDealers
|
$182.00 | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$613.02M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-38.24M | USD | 1 Quarter |
| Proceeds from sale of Shares |
ProceedsFromIssuanceOfCommonStock
|
$115.30M | USD | 1 Quarter |
| Proceeds from sale of Shares |
ProceedsFromIssuanceOfCommonStock
|
$91.81M | USD | 1 Quarter |
| Redemption of Shares |
PaymentsForRepurchaseOfCommonStock
|
$882.90M | USD | 1 Quarter |
| Redemption of Shares |
PaymentsForRepurchaseOfCommonStock
|
$92.43M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$22.87M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-791.09M | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-178.07M | USD | 1 Quarter |
| Net change in cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-15.37M | USD | 1 Quarter |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$92.09M | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.72M | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$567.52M | USD | Point-in-time |
| Cash at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$745.59M | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$92.09M | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$76.72M | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$567.52M | USD | Point-in-time |
| Cash at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$745.59M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$96.89K | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance - Value |
StockholdersEquity
|
$2.99B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$4.04B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$2.00B | USD | Point-in-time |
| Sale of Shares - Value |
StockIssuedDuringPeriodValueNewIssues
|
$115.30M | USD | 1 Quarter |
| Sale of Shares - Value |
StockIssuedDuringPeriodValueNewIssues
|
$91.81M | USD | 1 Quarter |
| Redemption of Shares - Value |
StockRedeemedOrCalledDuringPeriodValue
|
$92.43M | USD | 1 Quarter |
| Redemption of Shares - Value |
StockRedeemedOrCalledDuringPeriodValue
|
$882.90M | USD | 1 Quarter |
| Net Increase (Decrease) due to Share Transactions, value |
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
|
$-791.09M | USD | 1 Quarter |
| Net Increase (Decrease) due to Share Transactions, value |
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
|
$22.87M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-3.30M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-7.64M | USD | 1 Quarter |
| Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-199.19M | USD | 1 Quarter |
| Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-425.43M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$179.46M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$189.71M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-253.60M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
| Net Change in Shareholders' Equity, value |
StockholdersEquityPeriodIncreaseDecrease
|
$10.09M | USD | 1 Quarter |
| Net Change in Shareholders' Equity, value |
StockholdersEquityPeriodIncreaseDecrease
|
$-1.04B | USD | 1 Quarter |
| Balance - Value |
StockholdersEquity
|
$2.99B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$4.04B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$2.00B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.