AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN TRANSAMERICA ASSET MANAGEMENT, INC. AND BELLE HAVEN INVESTMENTS, L.P.
Exhibit (d)(18)(iii)
AMENDMENT TO SUB-ADVISORY AGREEMENT BETWEEN
TRANSAMERICA ASSET MANAGEMENT, INC. AND
BELLE HAVEN INVESTMENTS, L.P.
THIS AMENDMENT is made as of May 1, 2020 to the Sub-Advisory Agreement dated October 31, 2012 (the “Agreement”) between Transamerica Asset Management, Inc. and Belle Haven Investments, L.P. (the “Sub-Adviser”). In consideration of the mutual covenants contained herein, the parties agree as follows:
| 1. | Schedule A. Schedule A to the Agreement is hereby deleted and replaced in its entirety with the attached revised Schedule A, and all references in the Agreement to Schedule A shall be deemed to refer to the attached Schedule A. |
In all other respects, the Agreement dated October 31, 2012 is confirmed and remains in full force and effect.
The parties hereto have caused this amendment to be executed as of May 1, 2020.
| TRANSAMERICA ASSET MANAGEMENT, INC. | ||
| By: | /s/ Xxxxxxxxxxx X. Xxxxxxx | |
| Name: | Xxxxxxxxxxx X. Xxxxxxx | |
| Title: | Senior Vice President | |
| BELLE HAVEN INVESTMENTS, L.P. | ||
| By: | /s/ Xxxxx Xxxxxxx | |
| Name: | Xxxxx Xxxxxxx | |
| Title: | COO | |
SCHEDULE A
as of May 1, 2020
| FUNDS |
SUB-ADVISER COMPENSATION* |
EFFECTIVE DATE | ||
| Transamerica Intermediate Muni |
0.18% of the first $150 million; 0.16% over $150 million up to $350 million; 0.15% over $350 million up to $650 million; 0.135% over $650 million up to $1 billion; 0.12% over $1 billion up to $1.5 billion; 0.115% over $1.5 billion up to $2 billion; 0.11% over $2 billion up to $3 billion; 0.105% in excess over $3 billion. |
May 1, 2020 | ||
| Transamerica High Yield Muni |
0.25% of the first $500 million; 0.24% over $500 million up to $1 billion; 0.225% in excess of $1 billion |
July 31, 2013 | ||
| * | As a percentage of average daily net assets on an annual basis. |
