Contracts and Agreements (Tables)

6 Months Ended

Jun. 30, 2015

USL also incurs commissions to brokers for the purchase and sale of Oil Futures Contracts, Other Oil-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).

	For the six months ended			For the six months ended
	June 30, 2015			June 30, 2014
Total commissions accrued to brokers	$	10,165		$	2,516
Total commissions as an annualized percentage of average net assets		0.03	%		0.01	%
Commissions accrued as a result of rebalancing	$	6,247		$	1,984
Percentage of commissions accrued as a result of rebalancing		61.46	%		78.86	%
Commissions accrued as a result of creation and redemption activity	$	3,918		$	532
Percentage of commissions accrued as a result of creation and redemption activity		38.54	%		21.14	%