Policy with Respect to Proxy Voting. In the absence of specific direction to the contrary and in a manner consistent with the Fund’s Policy with Respect to Proxy Voting, the Adviser shall be responsible for voting proxies with respect to portfolio holdings of the Fund. The Adviser shall review all proxy solicitation materials and be responsible for voting and handling all proxies in relation to the assets under management by the Adviser in accordance with such policies and procedures adopted or approved by the Board. Unless the Fund gives the Adviser written instructions to the contrary, the Adviser will, in compliance with the proxy voting procedures of the Fund then in effect or approved by the Board, vote or abstain from voting all proxies solicited by or with respect to the issuers of securities in which the assets of the Fund may be invested. The Adviser shall cause the custodian to forward promptly to the Adviser (or designee) all proxies upon receipt so as to afford the Adviser a reasonable amount of time in which to determine how to vote such proxies. The Adviser agrees to provide the Fund with quarterly proxy voting reports in such form as the Fund may request from time to time. The Adviser may delegate the responsibilities under this section to a Subadviser.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Virtus Global Dividend & Income Fund Inc.), Investment Advisory Agreement (Zweig Fund Inc /Md/), Interim Investment Advisory Agreement (Zweig Fund Inc /Md/)
Policy with Respect to Proxy Voting. In the absence of specific direction to the contrary and in a manner consistent with the FundTrust’s Policy with Respect to Proxy Voting, the Adviser shall be responsible for voting proxies with respect to portfolio holdings of the Fund. The Adviser shall review all proxy solicitation materials and be responsible for voting and handling all proxies in relation to the assets under management by the Adviser in accordance with such policies and procedures adopted or approved by the BoardTrust. Unless the Fund gives the Adviser written instructions to the contrary, the Adviser will, in compliance with the proxy voting procedures of the Fund Trust then in effect or approved by the BoardSeries, vote or abstain from voting voting, all proxies solicited by or with respect to the issuers of securities in which the assets of the Fund may be invested. The Adviser shall cause the custodian Custodian to forward promptly to the Adviser (or designee) all proxies upon receipt so as to afford the Adviser a reasonable amount of time in which to determine how to vote such proxies. The Adviser agrees to provide the Fund Trust with quarterly proxy voting reports in such form as the Fund Trust may request from time to time. The Adviser may delegate the responsibilities under this section to a SubadviserSubadviser of the Fund.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Virtus Alternative Solutions Trust), Investment Advisory Agreement (Virtus Alternative Solutions Trust)
Policy with Respect to Proxy Voting. In the absence of specific direction to the contrary and in a manner consistent with the FundTrust’s Policy with Respect to Proxy Voting, the Adviser shall be responsible for voting proxies with respect to portfolio holdings of the FundTrust. The Adviser shall review all proxy solicitation materials and be responsible for voting and handling all proxies in relation to the assets under management by the Adviser in accordance with such policies and procedures adopted or approved by the Board. Unless the Fund Trust gives the Adviser written instructions to the contrary, the Adviser will, in compliance with the proxy voting procedures of the Fund Trust then in effect or approved by the Board, vote or abstain from voting all proxies solicited by or with respect to the issuers of securities in which the assets of the Fund Trust may be invested. The Adviser shall cause the custodian Custodian to forward promptly to the Adviser (or designee) all proxies upon receipt so as to afford the Adviser a reasonable amount of time in which to determine how to vote such proxies. The Adviser agrees to provide the Fund Trust with quarterly proxy voting reports in such form as the Fund Trust may request from time to time. The Adviser may delegate the responsibilities under this section to a Subadviser.
Appears in 1 contract
Samples: Virtus Global Multi (Virtus Global Multi-Sector Income Fund)