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CONTRACTS AND AGREEMENTS (Tables) | 12 Months Ended
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Dec. 31, 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”).
|  | Year ended |  | Year ended |  | Year ended |
|  | December 31, 2020 |  | December 31, 2019 |  | December 31, 2018 |
Total commissions accrued to brokers |  | $ | 1,633 |  | $ | 1,231 |  | $ | 1,334 |
Total commissions as annualized percentage of average total net assets |  |  | 0.03 | % |  | 0.03 | % |  | 0.02 | %
Commissions accrued as a result of rebalancing |  | $ | 1,153 |  | $ | 1,084 |  | $ | 823 |
Percentage of commissions accrued as a result of rebalancing |  |  | 70.61 | % |  | 88.06 | % |  | 61.69 | %
Commissions accrued as a result of creation and redemption activity |  | $ | 480 |  | $ | 147 |  | $ | 511 |
Percentage of commissions accrued as a result of creation and redemption activity |  |  | 29.39 | % |  | 11.94 | % |  | 38.31 | %

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