Annual Account Service Fees. Open Accounts1
Annual Account Service Fees. Open Accounts: (up to 800,000 accounts)*
Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts Networked Accounts (ML 3) Accounts in excess of 700,000 Direct Accounts Networked Accounts (ML 3) Accounts in excess of 1,000,000 Direct Accounts Networked Accounts (ML 3) Closed Accounts Complex Base Fee Fees also include the following services at no additional charge: Audio Response - not including long distance and advanced features State Tax Reporting AML - Networked & Non-Networked Federal Wires Compliance Program Regulatory Compliance Same Day Cash (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoint Discounts For Accounts 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of $ /Yr/Acct. For each Account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of $ /Yr/Acct will apply. For example: If the Sub-Transfer Agent services 1,000,000 Accounts the discount would be $ . If the Sub-Transfer Agent services 1,050,000 Accounts the discount would be $ . Fees also include the following services at no additional charge: AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available through Powerselect) Sub-TA invoice process Annual Technology Fee Accountlets3 0-500,000 500,001-2,000,000 2,000,001 and greater Investigation Fees Application Type: Investor Statement & Tax
Annual Account Service Fees. For the first 1,000,000 accounts*: Matrix Level 3 Accounts $7.49/account Other Fees:
Annual Account Service Fees. Open Account Fees: Direct Account (Non NSCC Matrix Level III) Fees 0 to 100,000 Accounts $9.00/account 100,001 and Above Accounts $7.00/account Networked Account (NSCC Matrix Level ITT) Fees 0 to 100,000 Accounts $5.00/account 100,001 and Above Accounts $3.00/account Complex Base Fee $100,000.00 Closed Account Fee $1.80/account Retirement Fee (paid by shareholder) XXX Custodial Fee $15.00/SSN Automated Work Distributor TM CAWD®): Workstation Fee 1 $5,200.00/workstation Implementation 2 Data Conversion Included Image Conversion Included Reimbursable Expenses In accordance with Section 3.2 of the Agreement. Billed as Incurred 1 Only applicable if AWO Workstations are required at the Fund‘s locations. Does not include hardware or third-party software. 2 Reimbursable expenses, including travel and statement development, are not included. All other Fund programming/enhancement requests will be billed at the then current rates.
Annual Account Service Fees. Activity Based Fees
Annual Account Service Fees. The status of each Account will be determined after the completion of the last business day of each month. In the event that the Fund or their respective designees internalize certain functions, the Transfer Agent agrees to renegotiate the following service fees: Open Accounts*: $9.75 per Account per year Closed Accounts: $2.50 per Account per year XXX Accounts: $10.00 per Social Security Number Telephone Calls $1.50 per minute+ *An “Open Account” refers to any account on the Transfer Agent’s system that does not have a “Closed” flag on it. +Additional fees apply for call center service provided during NYSE Holidays in accordance with Section 1.2(g).
Annual Account Service Fees. Open Closed Minimum
Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts $ 9.20/account Networked Accounts (ML 3) $ 7.60/account Accounts in excess of 700,000 accounts Direct Accounts $ 8.70/account Networked Accounts (ML 3) $ 7.10/account Accounts in excess of 1,000,000 accounts Direct Accounts $ 8.45/account Networked Accounts (ML 3) $ 6.85/account Closed Accounts $ 1.35/account Complex Base Fee $ 150,000.00/year Fees also include the following services at no additional charge: Audio Response – not including long distance and advanced features State Tax Reporting AML – Network & Non-Networked Federal Wires Compliance Program (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoints Discounts For Phoenix accounts between 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of $.50/Yr/Account. For each Phoenix account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of $.75/Yr/account will apply. For example if the Sub-Transfer Agent services 1,000,000 Phoenix accounts, the discount would be $150,000 ($.50 x 300,000 accounts). If the Sub-Transfer Agent services 1,050,000 Phoenix accounts, the discount would be $187,500 (($.50 x 300,000) + ($.75 x 50,000)). Fees also include the following services at no additional charge: Regulatory Compliance Same Day Cash AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available thru Powerselect) Sub-TA invoice process
Annual Account Service Fees. Open Accounts1 Networked $ 4.70/account Non-Networked (Excluding Trust Accounts) $16.50/account Trust Accounts $ 6.00/account Closed Accounts No additional charge For billing purposes, Open Accounts are calculated and invoiced at the end of each month using the following formula: Open Accounts plus Closed Accounts, minus the prior month’s Closed Accounts. Asset Based Fee2 $0 - $25.0B 0.20 basis points $25.0B - $50.0B 0.15 basis points > $50.0B 0.05 basis points Annual Fiduciary Fee3: All fiduciary fees (including set-up, maintenance and closeout) paid by Shareholders or swept from current accounts will be retained by the Transfer Agent in accordance with the following: Individual Retirement Account (“IRA”) $20.00/SSN Education Savings Account (“ESA”) $15.00/SSN Xxxxx/403b $10.00/account (not to exceed $30.00) 1 Includes AML/CIP Services for non-networked accounts (excluding CIP-related search fees) and Shareholder transcript fees.
