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CONTRACTS AND AGREEMENTS (Tables) | 9 Months Ended
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Sep. 30, 2020
CONTRACTS AND AGREEMENTS |
Schedule of Brokerage and Futures Commissions | UNL also incurs commissions to brokers for the purchase and sale of Natural Gas Futures Contracts, Other Natural Gas-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).
|  | Nine months |  | Nine months |
|  | ended |  | ended |
|  | September 30, 2020 |  | September 30, 2019 |
Total commissions accrued to brokers |  | $ | 1,058 |  | $ | 948 |
Total commissions as annualized percentage of average total net assets |  |  | 0.03 | % |  | 0.03 | %
Commissions accrued as a result of rebalancing |  | $ | 767 |  | $ | 850 |
Percentage of commissions accrued as a result of rebalancing |  |  | 72.50 | % |  | 89.66 | %
Commissions accrued as a result of creation and redemption activity |  | $ | 291 |  | $ | 98 |
Percentage of commissions accrued as a result of creation and redemption activity |  |  | 27.50 | % |  | 10.34 | %

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