10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-17-009475 |
| Period End Date | 20170331 |
| Filing Date | 20170509 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | dbc-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| United States Treasury Obligations, at value (cost $1,849,014,340 and $2,403,904,566, respectively) |
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
$1.85B | USD | Point-in-time |
| United States Treasury Obligations, at value (cost $1,849,014,340 and $2,403,904,566, respectively) |
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
|
$2.40B | USD | Point-in-time |
| Affiliated investments, at value (cost $345,916,498 and $131,029,805, respectively) |
InvestmentsInAndAdvancesToAffiliatesAtFairValue
|
$346.00M | USD | Point-in-time |
| Affiliated investments, at value (cost $345,916,498 and $131,029,805, respectively) |
InvestmentsInAndAdvancesToAffiliatesAtFairValue
|
$131.03M | USD | Point-in-time |
| Total investments, at value (cost $2,194,930,838 and $2,534,934,371, respectively) |
InvestmentOwnedAtFairValue
|
$2.53B | USD | Point-in-time |
| Total investments, at value (cost $2,194,930,838 and $2,534,934,371, respectively) |
InvestmentOwnedAtFairValue
|
$2.19B | USD | Point-in-time |
| Cash held by custodian |
Cash
|
$5.02M | USD | Point-in-time |
| Cash held by custodian |
Cash
|
$76.72M | USD | Point-in-time |
| Cash held by custodian |
Cash
|
$92.09M | USD | Point-in-time |
| Dividends from affiliates |
DueFromAffiliates
|
$42.07K | USD | Point-in-time |
| Dividends from affiliates |
DueFromAffiliates
|
$34.90K | USD | Point-in-time |
| LME contracts |
TradingAssets
|
$2.26M | USD | Point-in-time |
| LME contracts |
TradingAssets
|
$4.05M | USD | Point-in-time |
| Variation margin |
ReceivablesFromClearingOrganizations
|
$454.47K | USD | Point-in-time |
| Variation margin |
ReceivablesFromClearingOrganizations
|
$16.87M | USD | Point-in-time |
| Investments, cost |
InvestmentOwnedAtCost
|
$2.19B | USD | Point-in-time |
| Investments, cost |
InvestmentOwnedAtCost
|
$2.53B | USD | Point-in-time |
| Net unrealized appreciation (depreciation) on Commodity Futures Contracts |
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed
|
$16.60M | USD | Point-in-time |
| Net unrealized appreciation (depreciation) on Commodity Futures Contracts |
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed
|
$26.66M | USD | Point-in-time |
| Total assets |
Assets
|
$2.56B | USD | Point-in-time |
| Total assets |
Assets
|
$2.24B | USD | Point-in-time |
| Management fee |
DueToRelatedPartiesCurrentAndNoncurrent
|
$1.77M | USD | Point-in-time |
| Management fee |
DueToRelatedPartiesCurrentAndNoncurrent
|
$1.65M | USD | Point-in-time |
| Brokerage commissions and fees |
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
$5.01K | USD | Point-in-time |
| Brokerage commissions and fees |
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
$4.31K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.78M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.66M | USD | Point-in-time |
| Commitments and Contingencies (Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 10) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Shareholder's equityGeneral Shares |
GeneralPartnersCapitalAccount
|
$609.00 | USD | Point-in-time |
| Shareholder's equityGeneral Shares |
GeneralPartnersCapitalAccount
|
$633.00 | USD | Point-in-time |
| Shareholders' equityShares |
LimitedPartnersCapitalAccount
|
$2.56B | USD | Point-in-time |
| Shareholders' equityShares |
LimitedPartnersCapitalAccount
|
$2.24B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.56B | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$2.24B | 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
|
$2.56B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$2.24B | 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
|
161.60M | shares | Point-in-time |
| Shares outstanding |
LimitedPartnersCapitalAccountUnitsOutstanding
|
147.20M | shares | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$13.30 | USD | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$15.22 | USD | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$13.35 | USD | Point-in-time |
| Net asset value per share |
NetAssetValuePerShare
|
$15.83 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$15.23 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$15.84 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$13.30 | USD | Point-in-time |
| Market value per share |
MarketValuePerShare
|
$13.37 | USD | Point-in-time |
Income Statement
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest Income |
InterestIncomeOperating
|
$892.40K | USD | 1 Quarter |
| Interest Income |
InterestIncomeOperating
|
$2.58M | USD | 1 Quarter |
| Dividends from Affiliates |
DividendIncomeOperating
|
$141.80K | USD | 1 Quarter |
| Total Income |
InterestAndDividendIncomeOperating
|
$2.72M | USD | 1 Quarter |
| Total Income |
InterestAndDividendIncomeOperating
|
$892.40K | USD | 1 Quarter |
| Management Fee |
ProfessionalFees
|
$3.97M | USD | 1 Quarter |
| Management Fee |
ProfessionalFees
|
$5.16M | USD | 1 Quarter |
| Brokerage Commissions and Fees |
FloorBrokerageExchangeAndClearanceFees
|
$92.28K | USD | 1 Quarter |
| Brokerage Commissions and Fees |
FloorBrokerageExchangeAndClearanceFees
|
$120.14K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$28.06K | USD | 1 Quarter |
| Interest Expense |
InterestExpense
|
$96.89K | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
$4.19M | USD | 1 Quarter |
| Total Expenses |
OperatingExpenses
|
$5.28M | USD | 1 Quarter |
| Less: Waivers |
ManagementFeeWaived
|
$93.65K | USD | 1 Quarter |
| Net Expenses |
OperatingExpensesNet
|
$5.19M | USD | 1 Quarter |
| Net Expenses |
OperatingExpensesNet
|
$4.19M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-2.47M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-3.30M | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$-29.66K | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesRealizedGainLoss
|
$631.00 | USD | 1 Quarter |
| Commodity Futures Contracts |
GainLossOnSaleOfInvestments
|
$62.19M | USD | 1 Quarter |
| Commodity Futures Contracts |
GainLossOnSaleOfInvestments
|
$-199.19M | USD | 1 Quarter |
| Net Realized Gain (Loss) |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$62.16M | USD | 1 Quarter |
| Net Realized Gain (Loss) |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-199.19M | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesUnrealizedGainLoss
|
$-116.23K | USD | 1 Quarter |
| United States Treasury Obligations |
MarketableSecuritiesUnrealizedGainLoss
|
$178.11K | USD | 1 Quarter |
| Affiliated Investments |
UnrealizedGainLossOnAffiliatedInvestments
|
$84.46K | USD | 1 Quarter |
| Commodity Futures Contracts |
UnrealizedGainLossOnInvestments
|
$189.54M | USD | 1 Quarter |
| Commodity Futures Contracts |
UnrealizedGainLossOnInvestments
|
$-158.87M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$189.71M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-158.90M | USD | 1 Quarter |
| Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
GainLossOnInvestments
|
$-9.48M | USD | 1 Quarter |
| Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
GainLossOnInvestments
|
$-96.74M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-99.21M | USD | 1 Quarter |
Cash Flow Statement
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-99.21M | USD | 1 Quarter |
| Cost of securities purchased |
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
$1.91B | USD | 1 Quarter |
| Cost of securities purchased |
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
$1.16B | USD | 1 Quarter |
| Proceeds from securities sold and matured |
ProceedsFromSaleOfSecuritiesOperatingActivities
|
$1.94B | USD | 1 Quarter |
| Proceeds from securities sold and matured |
ProceedsFromSaleOfSecuritiesOperatingActivities
|
$1.72B | USD | 1 Quarter |
| Cost of affiliated investments purchased |
PaymentsToAcquireInvestments
|
$1.28B | USD | 1 Quarter |
| Proceeds from affiliated investments sold |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$1.07B | 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
|
$-2.58M | USD | 1 Quarter |
| Net realized (gain) loss on United States Treasury Obligations and Affiliated Investments |
MarketableSecuritiesRealizedGainLoss
|
$-29.66K | USD | 1 Quarter |
| Net realized (gain) loss on United States Treasury Obligations and Affiliated Investments |
MarketableSecuritiesRealizedGainLoss
|
$631.00 | USD | 1 Quarter |
| Net change in unrealized (gain) loss on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
|
$10.02M | USD | 1 Quarter |
| Net change in unrealized (gain) loss on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
|
$48.77M | USD | 1 Quarter |
| Dividends from affiliates |
IncreaseDecreaseInDividendsReceivable
|
$-7.17K | USD | 1 Quarter |
| Variation margin |
IncreaseDecreaseInVariationMargin
|
$-21.76M | USD | 1 Quarter |
| Variation margin |
IncreaseDecreaseInVariationMargin
|
$16.42M | USD | 1 Quarter |
| LME contracts |
IncreaseDecreaseInTradingLiabilities
|
$-21.66M | USD | 1 Quarter |
| LME contracts |
IncreaseDecreaseInTradingLiabilities
|
$-1.79M | USD | 1 Quarter |
| Management fee |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-118.47K | USD | 1 Quarter |
| Management fee |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-129.96K | USD | 1 Quarter |
| Brokerage commissions and fees |
IncreaseDecreaseInPayablesToBrokerDealers
|
$182.00 | USD | 1 Quarter |
| Brokerage commissions and fees |
IncreaseDecreaseInPayablesToBrokerDealers
|
$-707.00 | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$-38.24M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$212.45M | USD | 1 Quarter |
| Proceeds from purchases of Shares |
ProceedsFromIssuanceOfCommonStock
|
$115.30M | USD | 1 Quarter |
| Proceeds from purchases of Shares |
ProceedsFromIssuanceOfCommonStock
|
$136.02M | USD | 1 Quarter |
| Redemption of Shares |
PaymentsForRepurchaseOfCommonStock
|
$353.49M | 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
|
$-217.47M | USD | 1 Quarter |
| Net change in cash |
CashPeriodIncreaseDecrease
|
$-15.37M | USD | 1 Quarter |
| Net change in cash |
CashPeriodIncreaseDecrease
|
$-5.02M | USD | 1 Quarter |
| Cash at beginning of period |
Cash
|
$5.02M | USD | Point-in-time |
| Cash at beginning of period |
Cash
|
$76.72M | USD | Point-in-time |
| Cash at beginning of period |
Cash
|
$92.09M | USD | Point-in-time |
| Cash at end of period |
Cash
|
$5.02M | USD | Point-in-time |
| Cash at end of period |
Cash
|
$76.72M | USD | Point-in-time |
| Cash at end of period |
Cash
|
$92.09M | USD | Point-in-time |
| Cash paid for interest |
InterestPaid
|
$96.89K | USD | 1 Quarter |
| Cash paid for interest |
InterestPaid
|
$28.06K | USD | 1 Quarter |
Stockholders Equity
24 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance - Value |
StockholdersEquity
|
$2.56B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$2.24B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$1.99B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$2.00B | USD | Point-in-time |
| Purchases of Shares - Value |
StockIssuedDuringPeriodValueNewIssues
|
$115.30M | USD | 1 Quarter |
| Purchases of Shares - Value |
StockIssuedDuringPeriodValueNewIssues
|
$136.02M | USD | 1 Quarter |
| Redemption of Shares - Value |
StockRedeemedOrCalledDuringPeriodValue
|
$92.43M | USD | 1 Quarter |
| Redemption of Shares - Value |
StockRedeemedOrCalledDuringPeriodValue
|
$353.49M | USD | 1 Quarter |
| Net Increase (Decrease) due to Share Transactions, value |
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
|
$22.87M | USD | 1 Quarter |
| Net Increase (Decrease) due to Share Transactions, value |
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
|
$-217.47M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-2.47M | USD | 1 Quarter |
| Net Investment Income (Loss) |
OperatingIncomeLoss
|
$-3.30M | USD | 1 Quarter |
| Net Realized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$62.16M | USD | 1 Quarter |
| Net Realized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-199.19M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$189.71M | USD | 1 Quarter |
| Net Change in Unrealized Gain (Loss) on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts |
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
$-158.90M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-12.78M | USD | 1 Quarter |
| Net Income (Loss) |
NetIncomeLoss
|
$-99.21M | USD | 1 Quarter |
| Net Change in Shareholders' Equity, value |
StockholdersEquityPeriodIncreaseDecrease
|
$-316.68M | USD | 1 Quarter |
| Net Change in Shareholders' Equity, value |
StockholdersEquityPeriodIncreaseDecrease
|
$10.09M | USD | 1 Quarter |
| Balance - Value |
StockholdersEquity
|
$2.56B | USD | Point-in-time |
| Balance - Value |
StockholdersEquity
|
$2.24B | 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.