Administrative Services Fees. In consideration of administrative services performed or caused to be performed by the Investment Adviser for the Fund’s Class C shares, Class F shares, Class R shares and Class 529 shares, the Fund shall pay the Investment Adviser an administrative services fee (“administrative fee”). For the Fund’s Class C shares, Class F-1 shares, Class F-2 shares, Class R-1 shares, Class R-2 shares, Class R-3 shares, Class R-4 shares and Class 529 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.15% of the average net assets of those shares. For the Fund’s Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.10% of the average net assets of the Class R-5 shares. The administrative fee shall be paid within 30 days after receipt of an invoice for administrative services performed in the preceding month.
Appears in 11 contracts
Samples: Administrative Services Agreement (International Growth & Income Fund, Inc.), Administrative Services Agreement (New Economy Fund), Administrative Services Agreement (Cash Management Trust of America)
Administrative Services Fees. In consideration of administrative services performed or caused to be performed by the Investment Adviser for the Fund’s 's Class C shares, Class F shares, Class R shares and Class 529 shares, the Fund shall pay the Investment Adviser an administrative services fee (“"administrative fee”"). For the Fund’s 's Class C shares, Class F-1 shares, Class F-2 F shares, Class R-1 shares, Class R-2 shares, Class R-3 shares, Class R-4 shares and Class 529 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.15% of the average net assets of those shares. For the Fund’s 's Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.10% of the average net assets of the Class R-5 shares. The administrative fee shall be paid within 30 days after receipt of an invoice for administrative services performed in the preceding month.
Appears in 3 contracts
Samples: Administrative Services Agreement (Smallcap World Fund Inc), Administrative Services Agreement (Limited Term Tax Exempt Bond Fund of America), Administrative Services Agreement (Income Fund of America Inc)
Administrative Services Fees. In consideration of administrative services performed or caused to be performed by the Investment Adviser for the Fund’s Class C shares, Class F shares, Class R shares and Class 529 shares, the Fund shall pay the Investment Adviser an administrative services fee (“administrative fee”). For the Fund’s Class C shares, Class F-1 shares, Class F-2 F shares, Class R-1 shares, Class R-2 shares, Class R-3 shares, Class R-4 shares and Class 529 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.15% of the average net assets of those shares. For the Fund’s Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.10% of the average net assets of the Class R-5 shares. The administrative fee shall be paid within 30 days after receipt of an invoice for administrative services performed in the preceding month.
Appears in 2 contracts
Samples: Administrative Services Agreement (Short-Term Bond Fund of America), Administrative Services Agreement (Washington Mutual Investors Fund Inc)
Administrative Services Fees. In consideration of administrative services performed or caused to be performed by the Investment Adviser for the Fund’s 's Class C shares, Class F shares, Class R shares and Class 529 shares, the Fund shall pay the Investment Adviser an administrative services fee (“"administrative fee”"). For the Fund’s 's Class C shares, Class F-1 shares, Class F-2 F shares, Class R-1 shares, Class R-2 shares, Class R-3 shares, Class R-4 shares and Class 529 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.15% of the average net assets of those shares. For the Fund’s 's Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.10% of the average net assets of the Class R-5 R5 shares. The administrative fee shall be paid within 30 days after receipt of an invoice for administrative services performed in the preceding month.
Appears in 1 contract
Samples: Shareholder Services Agreement (Washington Mutual Investors Fund Inc)
Administrative Services Fees. In consideration of administrative services performed or caused to be performed by the Investment Adviser for the Fund’s Series’ Class C shares, Class F shares, A and Class R shares and Class 529 shares, the Fund Series shall pay the Investment Adviser an administrative services fee (“administrative fee”). For the Fund’s Series’ Class C shares, Class F-1 shares, Class F-2 A shares, Class R-1 shares, Class R-2 shares, Class R-3 shares, and Class R-4 shares and Class 529 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.15% of the average net assets of those shares. For the Fund’s Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.10% of the average net assets of those shares. For the Series’ Class R-5 shares, the administrative fee shall accrue daily and shall be calculated at the annual rate of 0.05% of the average net assets of those shares. The Series’ Class R-6 shares shall not be subject to an administrative fee. The administrative fee shall be paid within 30 days after receipt of an invoice for administrative services performed in the preceding month.
Appears in 1 contract
Samples: Administrative Services Agreement (American Funds Target Date Retirement Series)
