FOURTH AMENDMENT TO AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
FOURTH AMENDMENT
TO AMENDED AND RESTATED
THIS AMENDMENT effective as of the 10th day of March, 2008 amends that certain Amended and Restated Investment Advisory Agreement dated as of November 20, 2002, that First Amendment dated as of October 21, 2004, that Second Amendment dated as of July 29, 2005 and that Third Amendment dated July 13, 2007 (the “Agreement”) by and between Phoenix Equity Trust, a Delaware statutory trust (the “Trust”) and Phoenix Investment Counsel, Inc., a Massachusetts corporation (the “Adviser”) as follows:
1. | Phoenix All-Cap Growth Fund, Phoenix Balanced Fund, Phoenix Capital Growth Fund, Phoenix Growth & Income Fund, Phoenix Growth Opportunities Fund, Phoenix Income & Growth Fund, Phoenix Mid-Cap Growth Fund, Phoenix Quality Small-Cap Fund, Phoenix Small-Cap Growth Fund, Phoenix Small-Cap Sustainable Growth Fund, Phoenix Small-Cap Value Fund, Phoenix Small-Mid Cap Fund and Phoenix Strategic Growth Fund have been added as additional series to the Agreement. |
2. | All references to the series Phoenix Worldwide Strategies Fund are hereby deleted. |
3. | Schedule A to the Agreement is hereby deleted in its entirety and Schedule A attached hereto substituted in its place. |
4. | Except as expressly amended hereby, all provisions of the Agreement shall remain in full force and effect and are unchanged in all other respects. All initial capitalized terms used herein shall have such meanings as ascribed thereto in the Agreement, as amended. All terms and phrases in quotations shall have such meaning as ascribed thereto in the Investment Company Act of 1940, as amended. |
5. | This Amendment may be executed in one or more counterparts, each of which shall be deemed to be an original and, all of which, when taken together, shall constitute but one and the same instrument. |
PHOENIX INVESTMENT COUNSEL, INC. | ||
By: | /s/ Xxxx X. Xxxxx | |
Name: | Xxxx X. Xxxxx | |
Title: | Vice President and Clerk | |
PHOENIX EQUITY TRUST | ||
By: | /s/ Xxxxxx X. Xxxxxxx | |
Name: | Xxxxxx X. Xxxxxxx | |
Title: | President |
SCHEDULE A
Designated Series |
Investment Advisory Fee |
||
Phoenix Mid-Cap Value Fund |
0.75 | % | |
Phoenix Small-Mid Cap Fund |
0.85 | % |
1st $1 Billion | $1+ Billion through $2 Billion |
$2+ Billion | |||||||
Phoenix Balanced Fund |
0.55 | % | 0.50 | % | 0.45 | % | |||
Phoenix Capital Growth Fund |
0.70 | % | 0.65 | % | 0.60 | % | |||
Phoenix Growth & Income Fund |
0.75 | % | 0.70 | % | 0.65 | % | |||
Phoenix Growth Opportunities Fund |
0.75 | % | 0.70 | % | 0.65 | % | |||
Phoenix Income & Growth Fund |
0.70 | % | 0.65 | % | 0.60 | % | |||
Phoenix Small-Cap Value Fund |
0.90 | % | 0.85 | % | 0.80 | % | |||
Phoenix Strategic Growth Fund |
0.70 | % | 0.65 | % | 0.60 | % | |||
Phoenix Value Opportunities Fund |
0.75 | % | 0.70 | % | 0.65 | % | |||
1st $400 Million | $400+ Million through $1 Billion |
$1+ Billion | |||||||
Phoenix Quality Small-Cap Fund |
0.90 | % | 0.85 | % | 0.80 | % | |||
Phoenix Small-Cap Sustainable Growth Fund |
0.90 | % | 0.85 | % | 0.80 | % | |||
1st $50 Million | Next $450 Million |
Over $500 Million |
|||||||
Phoenix All-Cap Growth Fund |
0.90 | % | 0.80 | % | 0.70 | % | |||
Phoenix Small-Cap Growth Fund |
1.00 | % | 0.90 | % | 0.80 | % |
1st $500 Million | Over $500 Million | |||||
Phoenix Mid-Cap Growth Fund |
0.80 | % | 0.70 | % |
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