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CONTRACTS AND AGREEMENTS (Tables)
6 Months Ended
Jun. 30, 2019
CONTRACTS AND AGREEMENTS  
Schedule of Brokerage and Futures Commissions

UNL also incurs commissions to brokers for the purchase and sale of 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

 

For the six months

 

 

 

ended

 

ended

 

 

    

June 30, 2019

    

June 30, 2018

 

Total commissions accrued to brokers

 

$

636

 

$

785

 

Total commissions as annualized percentage of average total net assets

 

 

0.03

%  

 

0.02

%

Commissions accrued as a result of rebalancing

 

$

538

 

$

565

 

Percentage of commissions accrued as a result of rebalancing

 

 

84.59

%  

 

71.97

%

Commissions accrued as a result of creation and redemption activity

 

$

98

 

$

220

 

Percentage of commissions accrued as a result of creation and redemption activity

 

 

15.41

%  

 

28.03

%