CONTRACTS AND AGREEMENTS (Tables)

12 Months Ended

Dec. 31, 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 Year Ended			For the Year Ended			For the Year Ended
	December 31, 2019			December 31, 2018			December 31, 2017
Total commissions accrued to brokers	$	1,231		$	1,334		$	2,209
Total commissions as annualized percentage of average total net assets		0.03	%		0.02	%		0.02	%
Commissions accrued as a result of rebalancing	$	1,084		$	823		$	1,605
Percentage of commissions accrued as a result of rebalancing		88.06	%		61.69	%		72.66	%
Commissions accrued as a result of creation and redemption activity	$	147		$	511		$	604
Percentage of commissions accrued as a result of creation and redemption activity		11.94	%		38.31	%		27.34	%