Common use of Portfolio Securities Transactions Clause in Contracts

Portfolio Securities Transactions. Based on information that is provided to Mellon by the Fund, its investment adviser, and the Fund's Authorized Persons, Mellon 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. In instances where Mellon is the custodian of the affected portfolio securities, 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 Mellon 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 Mellon to input the election on the fund accounting system and notify the custodian (as applicable). Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after the deadline date. 3. In instances where Mellon is not the custodian of the affected portfolio securities, Mellon will notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions upon Mellon's receipt of the corporate action information. In addition, where Mellon receives mandatory and voluntary corporate action information in its capacity as portfolio accountant for other clients on the same accounting platform, Mellon agrees to use commercially reasonable efforts to identify actions applicable to the Fund's portfolio securities. However, Mellon assumes no liability for failing to identify and provide notice of such actions with respect to a portfolio security when Mellon does not separately receive notice from the custodian for such portfolio of securities. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to Mellon by one of the Fund's Authorized Persons on a date established by Mellon sufficiently in advance of the deadline date stated on the custodian's corporate actions notice to permit Mellon to input the election on the fund accounting system and notify the custodian by its stated deadline. Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after a deadline date. 4. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund's Authorized Persons. 5. Receive, update and process daily trade files from the Fund investment adviser's order management system. 6. 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 Mellon by the Fund, its investment adviser, and the Fund's Authorized Persons, Mellon will perform the following functions: 1. Maintain records of investment, capital share, and income and expense activities for each Portfolio the Fund 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. In instances where Mellon is the custodian of the affected portfolio securities, 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 Mellon 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 Mellon to input the election on the fund accounting system and notify the custodian (as applicable). Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after the deadline date. 3. In instances where Mellon is not the custodian of the affected portfolio securities, Mellon will notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions upon Mellon's receipt of the corporate action information. In addition, where Mellon receives mandatory and voluntary corporate action information in its capacity as portfolio accountant for other clients on the same accounting platform, Mellon agrees to use commercially reasonable efforts to identify actions applicable to the Fund's portfolio securities. However, Mellon assumes no liability for failing to identify and provide notice of such actions with respect to a portfolio security when Mellon does not separately receive notice from the custodian for such portfolio of securities. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to Mellon by one of the Fund's Authorized Persons on a date established by Mellon sufficiently in advance of the deadline date stated on the custodian's corporate actions notice to permit Mellon to input the election on the fund accounting system and notify the custodian by its stated deadline. Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after a deadline date. . 4. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund's Authorized Persons. . 5. Receive, update and process daily trade files from the Fund investment adviser's order management system. . 6. Based on Instructions from one of the Fund's Authorized Persons or the Fund Treasurer/Principal Financial Officer, implement tax lot relief methodology. 7. Based on Instructions from an Authorized Person file proof of claim notices with respect to class actions involving the portfolio securities of the Fund.

Portfolio Securities Transactions. Based on information that is provided to Mellon by the Fund, its investment adviser, and the Fund's Authorized Persons, Mellon 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. In instances where Mellon is the custodian of the affected portfolio securities, 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 Mellon 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 Mellon to input the election on the fund accounting system and notify the custodian (as applicable). Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after the deadline date. 3. In instances where Mellon is not the custodian of the affected portfolio securities, Mellon will notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions upon Mellon's receipt of the corporate action information. In addition, where Mellon receives mandatory and voluntary corporate action information in its capacity as portfolio accountant for other clients on the same accounting platform, Mellon agrees to use commercially reasonable efforts to identify actions applicable to the Fund's portfolio securities. However, Mellon assumes no liability for failing to identify and provide notice of such actions with respect to a portfolio security when Mellon does not separately receive notice from the custodian for such portfolio of securities. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to Mellon by one of the Fund's Authorized Persons on a date established by Mellon sufficiently in advance of the deadline date stated on the custodian's corporate actions notice to permit Mellon to input the election on the fund accounting system and notify the custodian by its stated deadline. Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after a deadline date. . 4. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund's Authorized Persons. . 5. Receive, update and process daily trade files from the Fund investment adviser's order management system. . 6. 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 Mellon by the Fund, its investment adviser, and the Fund's Authorized Persons, Mellon 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. In instances where Mellon is the custodian of the affected portfolio securities, 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 Mellon 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 Mellon to input the election on the fund accounting system and notify the custodian (as applicable). Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after the deadline date. 3. In instances where Mellon is not the custodian of the affected portfolio securities, Mellon will notify, as directed, the applicable investment adviser (or, if applicable, sub-adviser) with respect to mandatory and voluntary corporate actions upon Mellon's receipt of the corporate action information. In addition, where Mellon receives mandatory and voluntary corporate action information in its capacity as portfolio accountant for other clients on the same accounting platform, Mellon agrees to use commercially reasonable efforts to identify actions applicable to the Fund's portfolio securities. However, Mellon assumes no liability for failing to identify and provide notice of such actions with respect to a portfolio security when Mellon does not separately receive notice from the custodian for such portfolio of securities. The Fund's elections (on actions where elections and options exist) on voluntary corporate actions must be communicated to Mellon by one of the Fund's Authorized Persons on a date established by Mellon sufficiently in advance of the deadline date stated on the custodian's corporate actions notice to permit Mellon to input the election on the fund accounting system and notify the custodian by its stated deadline. Mellon will use commercially reasonable efforts to respond on behalf of the Fund if a response is received by Mellon after a deadline date. . 4. Book corporate action activity upon timely receipt of information and Instructions from one of the Fund's Authorized Persons. . 5. Receive, update and process daily trade files from the Fund investment adviser's order management system. . 6. Based on Instructions from one of the Fund's Authorized Persons or the Fund Treasurer/Principal Financial Officer, implement tax lot relief methodology. 7. Based on Instructions from an Authorized Person file proof of claim notices with respect to class actions involving the portfolio securities of the Portfolios.