Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 14 contracts
Samples: Investment Management Agreement (T. Rowe Price State Tax-Free Income Trust), Investment Management Agreement (T. Rowe Price State Tax-Free Income Trust), Investment Management Agreement (T. Rowe Price State Tax-Free Income Trust)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Retirement Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 11 contracts
Samples: Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price Quantitative Management Funds, Inc.), Investment Management Agreement (T. Rowe Price Quantitative Management Funds, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Retirement I Funds, Target Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 7 contracts
Samples: Investment Management Agreement (T. Rowe Price Capital Appreciation & Income Fund, Inc.), Investment Management Agreement (T. Rowe Price Capital Appreciation & Income Fund, Inc.), Investment Management Agreement (T. Rowe Price Multi-Strategy Total Return Fund, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280%0.275% Next $100 billionThereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Retirement Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 6 contracts
Samples: Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 5 contracts
Samples: Investment Management Agreement (T. Rowe Price Short-Term Bond Fund, Inc.), Investment Management Agreement (T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.), Investment Management Agreement (T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Next $150 billion 0.265% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Retirement Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 4 contracts
Samples: Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Next $150 billion 0.265% Next $195 billion 0.260% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Retirement Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 4 contracts
Samples: Investment Management Agreement (T. Rowe Price Capital Appreciation Fund, Inc.), Investment Management Agreement (T. Rowe Price Equity Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., (other than “institutional, private label” , or index funds, Index Trust, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the prospectus, on behalf of the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 4 contracts
Samples: Investment Management Agreement (Price T Rowe International Funds Inc), Investment Management Agreement (Price T Rowe International Funds Inc), Investment Management Agreement (Price T Rowe International Funds Inc)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 2 0.275% Next $100 billion 0.270% Next $150 billion 0.265% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Retirement I Funds, Target Funds, TRP Reserve Investment Funds, any index or private label mutual funds, and certain other funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T. Rowe Price Institutional Equity Funds, Inc.), Investment Management Agreement (T. Rowe Price Institutional International Funds, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., Inc. (other than “institutional, private label” , or index funds, Index Trust, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the prospectus, on behalf of the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (Price T Rowe International Funds Inc), Investment Management Agreement (Price T Rowe International Funds Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets __________________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., Inc. (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement FundsEquity Index, and Reserve Investment the Spectrum Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (New Age Media Fund Inc), Investment Management Agreement (New Age Media Fund Inc)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T. Rowe Price Government Money Fund, Inc.), Investment Management Agreement (T. Rowe Price Prime Reserve Fund, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., (other than “institutional, private label” , or index funds, Index Trust, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s 's prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (Price T Rowe International Funds Inc), Investment Management Agreement (Price T Rowe International Funds Inc)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual GroupBase Fee Rate for Each Level of Assets 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Next $150 billion 0.265% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Retirement I Funds, Target Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T. Rowe Price Summit Municipal Funds, Inc.), Investment Management Agreement (T. Rowe Price Summit Municipal Funds, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s 's prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T Rowe Price Global Technology Fund Inc), Investment Management Agreement (Price T Rowe Tax Efficient Balanced Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds' Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., (other than “institutional, private label” , or index funds, Index Trust, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the prospectus, on behalf of the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (Price T Rowe International Funds Inc), Investment Management Agreement (Price T Rowe International Funds Inc)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Next $100 billion 0.270% Next $150 billion 0.265% Next $195 billion 0.260% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Retirement I Funds, Target Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T. Rowe Price Equity Series, Inc.), Investment Management Agreement (T. Rowe Price Fixed Income Series, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280%0.275% Next $100 billionThereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 2 contracts
Samples: Investment Management Agreement (T. Rowe Price International Funds, Inc.), Investment Management Agreement (T. Rowe Price International Funds, Inc.)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Next $100 billion 0.275% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except for Spectrum Funds, Retirement Funds, and Target Retirement Funds, TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (T. Rowe Price Inflation Focused Bond Fund, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ Funds group fee accrual as determined below (“"Daily Price Funds’ Funds Group Fee Accrual”") by the ratio of the Fund’s Fund s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Funds Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Funds Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., Inc. (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement FundsEquity Index, and Reserve Investment the Spectrum Funds). For the purposes of calculating the Daily Price Funds’ Funds Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, Fund s prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Capital Appreciation Fund)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., Inc. (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement FundsEquity Index, and Reserve Investment Spectrum Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Capital Appreciation Fund)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds' Annual Group Base Fee Rate for Each Level of Assets _____________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment T. Rowe Prixx Xxxxstment Services, Inc., (other than “excluding institutional or private label” label mutual funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.any
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Diversified Small Cap Growth Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ______________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “institutional or "private label” " funds, Index Trustindex funds, Spectrum Funds, Retirement Funds, Funds and Reserve Investment Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s 's prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Tax Efficient Balanced Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets __________________________________________ 0.480% First $1 billion 0.350% Next $2 billion 0.450% Next $1 billion 0.340% Next $5 billion 0.420% Next $1 billion 0.330% Next $10 billion 0.390% Next $1 billion 0.320% Next $10 billion 0.370% Next $1 billion 0.310% Next $16 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx T. Rowe Price Investment ServicesInvestmenx Xxxxxces, Inc., Inc. (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement FundsEquity Index, and Reserve Investment the Spectrum Funds). For the purposes of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Real Estate Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ Funds group fee accrual as determined below (“"Daily Price Funds’ Funds Group Fee Accrual”") by the ratio of the Fund’s Fund s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Funds Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Funds Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., Inc. (other than “institutional or "private label” " funds, Index Trust, Spectrum Funds, Retirement FundsEquity Index, and Reserve Investment Spectrum Funds). For the purposes of calculating the Daily Price Funds’ Funds Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, Fund s prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Capital Appreciation Fund)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds Annual Group Base Fee Rate for Each Level of Assets ________________________________________ 0.480% First $1 billion PAGE 27 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx T. Rowe Price Investment ServicesInvestmenx Xxxxxces, Inc., (other than “excluding institutional or private label” label mutual funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe State Tax Free Income Trust)
Group Fee. The monthly Group Fee (“Monthly Group Fee”) shall be the sum of the daily Group Fee accruals (“Daily Group Fee Accruals”) for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ group fee accrual as determined below (“Daily Price Funds’ Group Fee Accrual”) by the ratio of the Fund’s net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ Group Fee Accrual for that day as determined in accordance with the following schedule: 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Next $40 billion 0.290% Next $60 billion 0.285% Next $80 billion 0.280% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “private label” funds, Index Trust, except the Spectrum Funds, Retirement Funds, and TRP Reserve Investment Funds, and any index or private label mutual funds). For the purposes of calculating the Daily Price Funds’ Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (T. Rowe Price Real Assets Fund, Inc.)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds' Annual Group Base Fee Rate for Each Level of Assets ___________________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion PAGE 6 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “excluding institutional or private label” label mutual funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Tax Efficient Balanced Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds' Annual Group Base Fee Rate for Each Level of Assets _____________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. Xxxx Price Investment Services, Inc., (other than “excluding institutional or private label” label mutual funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Growth & Income Fund Inc)
Group Fee. The monthly Group Fee (“"Monthly Group Fee”") shall be the sum of the daily Group Fee accruals (“"Daily Group Fee Accruals”") for each month. The Daily Group Fee Accrual for any particular day will be computed by multiplying the Price Funds’ ' group fee accrual as determined below (“"Daily Price Funds’ ' Group Fee Accrual”") by the ratio of the Fund’s 's net assets for that day to the sum of the aggregate net assets of the Price Funds for that day. The Daily Price Funds’ ' Group Fee Accrual for any particular day shall be calculated by multiplying the fraction of one (1) over the number of calendar days in the year by the annualized Daily Price Funds’ ' Group Fee Accrual for that day as determined in accordance with the following schedule: Price Funds' Annual Group Base Fee Rate for Each Level of Assets _____________________________________ 0.480% First $1 billion 0.450% Next $1 billion 0.420% Next $1 billion 0.390% Next $1 billion 0.370% Next $1 billion 0.360% Next $2 billion 0.350% Next $2 billion 0.340% Next $5 billion 0.330% Next $10 billion 0.320% Next $10 billion 0.310% Next $16 billion 0.305% Next $30 billion 0.300% Next $40 billion 0.295% Thereafter The Price Funds shall include all the mutual funds distributed by X. T. Xxxx Price Investment Services, Inc., (other than “excluding institutional or private label” label mutual funds, Index Trust, Spectrum Funds, Retirement Funds, and Reserve Investment Funds). For the purposes purpose of calculating the Daily Price Funds’ ' Group Fee Accrual for any PAGE 6 particular day, the net assets of each Price Fund shall be determined in accordance with the Fund’s prospectus, 's prospectus as of the close of business on the previous business day on which the Fund was open for business.
Appears in 1 contract
Samples: Investment Management Agreement (Price T Rowe Diversified Small Cap Growth Fund Inc)