XML 34 R18.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONTRACTS AND AGREEMENTS (Tables)
6 Months Ended
Jun. 30, 2015
Contracts and Agreements [Abstract]  
Brokerage Commissions
UNL also incurs commissions to brokers for the purchase and sale of Natural Gas Futures Contracts, Other Natural Gas-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).
 
 
 
For the six months ended
 
 
For the six months ended
 
 
 
June 30, 2015
 
 
June 30, 2014
 
Total commissions accrued to brokers
 
$
3,744
 
 
$
1,881
 
Total commissions as an annualized percentage of average net assets
 
 
0.04
%
 
 
0.02
%
Commissions accrued as a result of rebalancing
 
$
2,515
 
 
$
509
 
Percentage of commissions accrued as a result of rebalancing
 
 
67.17
%
 
 
27.06
%
Commissions accrued as a result of creation and redemption activity
 
$
1,229
 
 
$
1,372
 
Percentage of commissions accrued as a result of creation and redemption activity
 
 
32.83
%
 
 
72.94
%