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CONTRACTS AND AGREEMENTS (Tables) | 9 Months Ended
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Sep. 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 nine months |  | For the nine months |
|  | ended |  | ended |
|  | September 30, 2019 |  | September 30, 2018 |
Total commissions accrued to brokers |  | $ | 948 |  | $ | 1,219 |
Total commissions as annualized percentage of average total net assets |  |  | 0.03 | % |  | 0.02 | %
Commissions accrued as a result of rebalancing |  | $ | 850 |  | $ | 909 |
Percentage of commissions accrued as a result of rebalancing |  |  | 89.66 | % |  | 74.57 | %
Commissions accrued as a result of creation and redemption activity |  | $ | 98 |  | $ | 310 |
Percentage of commissions accrued as a result of creation and redemption activity |  |  | 10.34 | % |  | 25.43 | %

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