MANAGEMENT AGREEMENT
SCHEDULE A
SERIES OF XXXXXXXXX XXXXXX INCOME FUNDS
Xxxxxx Brothers High Income Bond Fund
Xxxxxx Brothers Short Duration Bond Fund
Xxxxxx Brothers Municipal Money Fund
Xxxxxx Brothers Municipal Securities Trust
Xxxxxx Brothers Strategic Income Fund
Dated: November 10, 2008
MANAGEMENT AGREEMENT
SCHEDULE B
RATE OF COMPENSATION
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FUND RATE OF COMPENSATION BASED ON
EACH FUND'S AVERAGE DAILY NET
ASSETS
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Xxxxxx Brothers Short Duration Bond Fund 0.250% of first $500 million
Xxxxxx Brothers Municipal Money Fund 0.225% of next $500 million
Xxxxxx Brothers Municipal Securities Trust 0.200% of next $500 million
0.175% of next $500 million
0.150% in excess of $2 billion
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Xxxxxx Brothers High Income Bond Fund 0.480%
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Xxxxxx Brothers Strategic Income Fund 0.600%
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Dated: November 10, 2008
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