CONTRACTS AND AGREEMENTS (Tables)

12 Months Ended

Dec. 31, 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”).


	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	%