CONTRACTS AND AGREEMENTS (Tables)

9 Months Ended

Sep. 30, 2020

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	%