Common use of Portfolio Securities Transactions Clause in Contracts

Portfolio Securities Transactions. Based on information that is provided to BNYM by the Fund, its investment adviser, and the Fund’s Authorized Persons, BNYM will perform the following functions: 1. Maintain records of investment, capital share, and income and expense activities for each Portfolio by: (i) recording purchases and sales of investments; (ii) recording corporate actions and capital changes relating to investments; (iii) accruing interest, dividends and expenses on investments; and (iv) maintaining the historical tax lots and income history for investments. 2. Notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to BNYM by one of the Fund's Authorized Persons on the deadline date stated on the corporate actions notice, allowing a reasonable amount of time before the stated deadline for BNYM to input the election on the fund accounting system and notify the custodian (as applicable). BNYM will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by BNYM after the deadline date. 3. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund’s Authorized Persons. 4. Receive, update and process daily trade files from the Fund investment adviser’s order management system. 5. Based on Instructions from one of the Fund’s Authorized Persons or the Fund Treasurer/Principal Financial Officer, implement tax lot relief methodology.

Portfolio Securities Transactions. Based on information that is provided to BNYM by the Fund, its investment adviser, and the Fund’s Authorized Persons, BNYM will perform the following functions: 1. Maintain records of investment, capital share, and income and expense activities for each Portfolio by: (i) recording purchases and sales of investments; (ii) recording corporate actions and capital changes relating to investments; (iii) accruing interest, dividends and expenses on investments; and (iv) maintaining the historical tax lots and income history for investments. 2. Notify, as directed, the applicable investment adviser (or, if applicable, sub-advisersubadviser) with respect to mandatory and voluntary corporate actions. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to BNYM by one of the Fund's Authorized Persons on the deadline date stated on the corporate actions notice, allowing a reasonable amount of time before the stated deadline for BNYM to input the election on the fund accounting system and notify the custodian (as applicable). BNYM will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by BNYM after the deadline date. 3. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund’s Authorized Persons. 4. Receive, update and process daily trade files from the Fund investment adviser’s order management system. 5. Based on Instructions from one of the Fund’s Authorized Persons or the Fund Treasurer/Principal Financial Officer, implement tax lot relief methodology.

Portfolio Securities Transactions. Based on information that is provided to BNYM by the Fund, its investment adviser, and the Fund’s Authorized Persons, BNYM will perform the following functions: 1. Maintain records of investment, capital share, and income and expense activities for each Portfolio by: (i) recording purchases and sales of investments; (ii) recording corporate actions and capital changes relating to investments; (iii) accruing interest, dividends and expenses on investments; and (iv) maintaining the historical tax lots and income history for investments. 2. Notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions. The Fund's ’s elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to BNYM by one of the Fund's ’s Authorized Persons on the deadline date stated on the corporate actions notice, allowing a reasonable amount of time before the stated deadline for BNYM to input the election on the fund accounting system and notify the custodian (as applicable). BNYM will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by BNYM after the deadline date. 3. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund’s Authorized Persons. 4. Receive, update and process daily trade files from the Fund investment adviser’s order management system. 5. Based on Instructions from one of the Fund’s Authorized Persons or the Fund Treasurer/Principal Financial Officer, implement tax lot relief methodology.