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CONTRACTS AND AGREEMENTS (Tables) | 3 Months Ended
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Mar. 31, 2020
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 three months |  | For the three months |
|  | ended |  | ended |
|  | March 31, 2020 |  | March 31, 2019 |
Total commissions accrued to brokers |  | $ | 131 |  | $ | 372 |
Total commissions as annualized percentage of average total net assets |  |  | 0.02 | % |  | 0.03 | %
Commissions accrued as a result of rebalancing |  | $ | 131 |  | $ | 274 |
Percentage of commissions accrued as a result of rebalancing |  |  | 100.00 | % |  | 73.66 | %
Commissions accrued as a result of creation and redemption activity |  |  | — |  | $ | 98 |
Percentage of commissions accrued as a result of creation and redemption activity |  |  | — | % |  | 26.34 | %

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- References No definition available. + Details
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