AMENDMENT TO THE ADVISORS SERIES TRUST FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT TO THE
THIS AMENDMENT dated as of the 6th day of December, 2012, to the Fund Accounting Servicing Agreement, dated as of June 8, 2006, as amended (the "Fund Accounting Agreement"), is entered into by and between Advisors Series Trust, a Delaware statutory trust (the "Trust") on behalf of its separate series listed on Exhibit K attached hereto (as amended from time to time), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into a Fund Accounting Agreement; and
WHEREAS, the parties desire to amend the fees and the funds of a series of the Trust; and
WHEREAS, Section 10 of the Fund Accounting Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree to amend the following:
Exhibit K is hereby superseded and replaced with Amended Exhibit K attached hereto.
Except to the extent amended hereby, the Fund Accounting Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
U.S. BANCORP FUND SERVICES, LLC
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By: /s/ Xxxxxxx X. Xxxx
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By: /s/ Xxxxxxx X. XxXxx
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Name: Xxxxxxx X. Xxxx
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Name: Xxxxxxx X. XxXxx
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Title: President
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Title: Executive Vice President
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6/2012 - PIA
Amended Exhibit K to the
Name of Series
PIA BBB Bond Fund
PIA MBS Bond Fund
PIA Short-Term Securities Fund
PIA Moderate Duration Bond Fund
PIA High Yield Fund
PIA High Yield (MACS) Fund
PIA Short Duration Bond Fund
PIA Funds – BBB, MBS & High Yield (MACS) Funds
FUND ACCOUNTING SERVICES - FEE SCHEDULE – at December, 2012
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Annual Fund Accounting Fee Per Fund*
Base fee on the first $___ million plus - ___
___ basis points on $___ million to $___ million
___ basis points on $___ million to $___ million
___ basis point on $___ million and over
Additional Share Class per Fund*
$___ per year for each additional share class
Advisor Information Source Web Portal
· $___ /fund/month
· $___ /fund/month for clients using an external administration service
Plus Out-Of-Pocket Expenses – Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, and all other out-of-pocket expenses.
· Pricing Services
· $___ Domestic and Canadian Equities
· $___ Options
· $___ Corp/Gov/Agency Bonds
· $___ CMO's
· $___ International Equities and Bonds
· $___ Municipal Bonds
· $___ Money Market Instruments
· $___ /Fund/Month - Mutual Fund Pricing
· $___/Foreign Equity Security/Month for Corporate Action Service
· $___/Domestic Equity Security/Month for Corporate Action Service
· $___ /Month Manual Security Pricing (>10/day)
· Factor Services (BondBuyer)
· $___ /CMO/Month
· $___ /Mortgage Backed/Month
· $___ /Month Minimum Per Fund Group
· Fair Value Services (FT Interactive)
· $___ on the first ___ securities per day
· $___ on the balance of securities per day
Additional Services – Above pricing is for standard services. Available but not included above are the following services – multiple class funds, master feeder products, international income funds, funds with multiple advisors/sub-advisors.
Fees are billed monthly.
* Subject to annual CPI increase, Milwaukee MSA.
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6/2012-PIA
Amended Exhibit K (continued) to the
PIA Funds – Short-Term Securities, Moderate Duration, High Yield & Short Duration Bond Funds
FUND ACCOUNTING SERVICES FEE SCHEDULE – at December, 2012
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Annual Fund Accounting Fee Per Fund*
Base fee on the first $___ million plus - $___
___ basis points on $___ million to $___ million
___ basis points on $___ million to $___ million
___ basis point on $___ million and over
Additional Share Class per Fund*
$___ per year for each additional share class
Advisor Information Source Web Portal
· $___ /fund/month
· $___ /fund/month for clients using an external administration service
Plus Out-Of-Pocket Expenses – Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, and all other out-of-pocket expenses.
· Pricing Services
· $___ Domestic and Canadian Equities
· $___ Options
· $___ Corp/Gov/Agency Bonds
· $___ CMO's
· $___ International Equities and Bonds
· $___ Municipal Bonds
· $___ Money Market Instruments
· $___ /Fund/Month - Mutual Fund Pricing
· $___/Foreign Equity Security/Month for Corporate Action Service
· $___/Domestic Equity Security/Month for Corporate Action Service
· $___ /Month Manual Security Pricing (>10/day)
· Factor Services (BondBuyer)
· $___ /CMO/Month
· $___ /Mortgage Backed/Month
· $___ /Month Minimum Per Fund Group
· Fair Value Services (FT Interactive)
· $___ on the first ___ securities per day
· $___ on the balance of securities per day
Additional Services – Above pricing is for standard services. Available but not included above are the following services – multiple class funds, master feeder products, international income funds, funds with multiple advisors/sub-advisors.
Fees are billed monthly.
* Subject to annual CPI increase, Milwaukee MSA.
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Advisor’s signature below acknowledges approval of the two fee schedules above.
PACIFIC INCOME ADVISERS, INC.
By: /s/ Xxxx X. Xxxxx
Printed Name: Xxxx X. Xxxxx
Title: COO Date: 8/16/13
6/2012-PIA |