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CONTRACTS AND AGREEMENTS (Tables)
3 Months Ended
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

%