CONTRACTS AND AGREEMENTS (Tables)

9 Months Ended

Sep. 30, 2019

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	%