> For the complete documentation index, see [llms.txt](https://t-blocks.gitbook.io/t-blocks-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://t-blocks.gitbook.io/t-blocks-documentation/fund-governance/distributions.md).

# Distributions

The Management Company may declare annual, interim, or other periodic distributions from investment income gains, realised capital gains, and any other funds available for distribution — subject to the Management Regulations and the terms of the relevant Specific Management Regulations.

Payments are made in the Reference Currency of the relevant SubFund. Dividends remaining unclaimed for five years after declaration are forfeited and revert to the relevant SubFund.

**Fee Structure**

The Fund bears all expenses incurred by it and attributable to each SubFund, including:

* All taxes due on SubFund assets and income
* Auditor fees, legal fees, and usual banking fees on transactions involving portfolio assets (including derivatives)
* All fees, expenses, and out-of-pocket costs properly incurred by the SubFund
* Costs related to listing, rating, or admission to trading of financial instruments
* Costs of publication of notices and organisation of Noteholder meetings
* Costs of amendments or redemptions of Notes

Fees and costs that cannot be attributed to a specific SubFund are general duties of the Fund and are allocated as non-SubFund-specific claims in accordance with the creditor hierarchy.

**Management Company Fee.** Defined per SubFund in the Specific Management Regulations.

**Performance Fee.** Where applicable, defined per SubFund in the Specific Management Regulations.

**Upfront Fee.** Applicable on issuance of Units and Notes, at percentages defined per SubFund.