When should I expect my first distribution?

First distribution timing depends on the type of fund you invested in.

Fund type	First distribution
Drilling, Institutional, and Auxiliary Funds	Typically six months after the fund closes
Mineral Exchange Funds	One month after your initial investment date; may be prorated depending on your entry date
Opportunity Zone Funds & Private Capital Funds	Defined individually for each fund; refer to your Private Placement Memorandum (PPM)

Payments to brokerage or custodian accounts may take slightly longer to process, depending on the brokerage firm.

First distribution timing by fund type.