FUND ACCOUNTING AGREEMENT
Exhibit 28 (h) (4) (a) under Form N-1A
Exhibit (10) under item 601/REG. S-K
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THIS AGREEMENT dated as of March 1, 2011 is made, severally and not jointly (except that the parties agree that the calculation required by paragraph 31 hereunder shall be joint and not several) by and between the registered investment companies listed on Schedule I to this Agreement, as it may be amended from time to time (each stand-alone registered investment company and each series company of a registered investment company a βFundβ and collectively the βFundsβ) and The Bank of New York Mellon, a New York corporation authorized to do a banking business, having its principal place of business at Xxx Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (hereinafter called the βBankβ).
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WITNESSETH:
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In consideration of the mutual agreements herein contained, the Funds and the Bank hereby agree as follows:
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1.Β Β Β Β Β Β Β The Funds hereby appoint the Bank to perform the duties hereinafter set forth.
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2.Β Β Β Β Β Β Β The Bank hereby accepts appointment and agrees to perform the duties hereinafter set forth.
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3.Β Β Β Β Β Β Β Subject to the provisions of paragraphs 4 and 5 below, the Bank shall compute the net asset value per share of each class of shares of each Fund listed on Schedule I hereto (all references to βFundβ shall be deemed to include all classes of the Fund) and shall value the securities held by each Fund (the βSecuritiesβ) at such times and dates and in the manner specified in the then currently effective registration statement or offering memorandum (the βOffering Materialsβ) of each Fund, except that notwithstanding any language in the Offering Materials, in no event shall the Bank be required to determine, or have any obligations with respect to, whether a market price represents any fair or true value, nor to adjust any price to reflect any events or announcements, including, without limitation, those with respect to the issuer thereof, it being agreed that all such determinations and considerations shall be solely for each Fund. However, the Bank agrees to incorporate into its calculation of a Fundβs net asset value any price or factor given by a Fund or by a third party valuation service upon instruction by a Fund.
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4.Β Β Β Β Β Β Β To the extent valuation of Securities or computation of a Fundβs net asset value as specified in the Fundβs then currently effective Offering Materials is at any time inconsistent with any applicable laws or regulations, the Fund shall immediately so notify the Bank in writing and thereafter shall either furnish the Bank at all appropriate times with the values of such Securities and each Fundβs net asset value, or subject to the prior approval of the Bank, instruct the Bank in writing to value the Securities and compute each Fundβs net asset value in a manner which the Fund then represents in writing to be consistent with all applicable laws and regulations. A Fund may also from time to time, subject to the prior approval of the Bank, instruct the Bank in writing to compute the value of the Securities or a Fundβs net asset value in a manner other than as specified in paragraph 3 of this Agreement. By giving such instruction, the Fund shall be deemed to have represented that such instruction is consistent with all applicable laws and regulations and the then currently effective Offering Materials of the Fund. The Fund shall have sole responsibility for determining the method of valuation of Securities and the method of computing each Fundβs net asset value.
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5.Β Β Β Β Β Β Β The Fund shall furnish the Bank with any and all instructions, explanations, information, specifications and documentation as deemed reasonably necessary by the Bank in the performance of its duties hereunder, including, without limitation, the amounts or written formula for calculating the amounts and times of accrual of Fundβs liabilities and expenses. The Bank shall not be required to include as a Fundβs liabilities and expenses, nor as a reduction of net asset value, any accrual for any federal, state, or foreign income taxes unless the Fund shall have specified to the Bank the precise amount of the same to be included in liabilities and expenses or used to reduce net asset value. In calculating the prices for Securities the Bank will use the price services authorized by an authorized person for a Fund listed on Appendix B to this Agreement (βAuthorized Persons Listβ). Such authorized person shall provide the list of authorized pricing services to the Bank in a writing signed by such authorized person substantially in the form of Appendix C to this Agreement. The Bank shall be entitled to rely on the last Appendix C signed by an authorized person actually received by the Bank. A Fund shall also furnish the Bank with bid, offer, or market values of Securities if the Bank notifies the Fund that same are not available to the Bank from a Fundβs Authorized Pricing Services. At any time and from time to time, a Fund also may furnish the Bank with bid, offer, or market values of Securities and instruct the Bank to use such information in its calculations hereunder.
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6.Β Β Β Β Β Β Β The Bank shall advise the Fund, the Fundβs custodian and the Fundβs transfer agent of the net asset value of each Fund upon completion of the computations required to be made by the Bank pursuant to this Agreement.
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7.Β Β Β Β Β Β Β The Bank shall, as agent for the Fund, maintain and keep current the books, accounts and other documents, if any, and perform the additional duties, listed in Appendix A hereto and made a part hereof, as such Appendix A may be amended from time to time. Such books, accounts and other documents shall be made available upon reasonable request for inspection by officers, employees and auditors of a Fund during the Bankβs normal business hours, and shall be preserved for a period of seven (7) years. The Bank and the Fundβs intend to enter into a Service Level Guidelines Agreement (βSLAβ), that may be amended from time to time by the parties, that will outline the Fundβs expectations with respect to specific services to be provided by the Bank and the operational mechanics of providing such services.
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8.Β Β Β Β Β Β Β All records maintained and preserved by the Bank pursuant to this Agreement which a Fund is required to maintain and preserve in accordance with the above-mentioned Rules shall be and remain the property of a Fund and shall be surrendered to a Fund promptly upon request in the form in which such records have been maintained and preserved. Upon reasonable request of a Fund, the Bank shall provide in hard copy or electronic format, whichever the Bank shall elect, any records included in any such delivery which are maintained by the Bank on a computer disc, or are similarly maintained, and a Fund shall reimburse the Bank for its expenses of providing the same.
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9.Β Β Β Β Β Β Β The Bank, in performing the services required of it under the terms of this Agreement, shall be entitled to rely fully on the accuracy and validity of any and all instructions, explanations, information, specifications and documentation furnished to it by the Fund and shall have no duty or obligation to review the accuracy, validity or propriety of such instructions, explanations, information, specifications or documentation, including, without limitation, evaluations of Securities; the amounts or formula for calculating the amounts and times of accrual of a Fundβs liabilities and expenses; the amounts receivable and the amounts payable on the sale or purchase of Securities; the amounts receivable or amounts payable for the sale or redemption of Fund shares effected by or on behalf of the Fund. In the event the Bankβs computations hereunder rely, in whole or in part, upon information, including, without limitation, bid, offer or market values of Securities or other assets, or accruals of interest or earnings thereon, from Authorized Pricing Services, the Bank shall not be responsible for, under any duty to inquire into, or deemed to make any assurances with respect to, the accuracy or completeness of such information.
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10.Β Β Β Β Β Β Β The Bank shall not be required to inquire into any valuation of Securities or other assets by a Fund or any third party described in preceding paragraph 9 hereof, even though the Bank in performing services similar to the services provided pursuant to this Agreement for others may receive different valuations of the same or different securities of the same issuers.
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11. Β Β Β Β Β Β Β The Bank, in performing the services required of it under the terms of this Agreement, shall not be responsible for determining whether any interest accruable to a Fund is or will be actually paid, but will accrue such interest until otherwise instructed by a Fund.
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12.Β Β Β Β Β Β Β The Bank shall not be responsible or liable for any failure or delay in the performance of its obligations under this Agreement arising out of or caused, directly or indirectly, by circumstances beyond its reasonable control, including without limitation, acts of God; earthquakes; fires; floods; wars; civil or military disturbances; sabotage; epidemics; riots; interruptions; loss, malfunctions of utilities or communication services, accidents; labor disputes; acts of civil or military authority or governmental actions. Nor shall the Bank be responsible for delays or failures to supply the information or services specified in this Agreement where such delays or failures are caused by the failure of any person(s) other than the Bank to supply any instructions, explanations, information, specifications or documentation deemed reasonably necessary by the Bank in the performance of its duties under this Agreement.
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13.Β Β Β Β Β Β Β No provision of this Agreement shall prevent the Bank from offering services similar or identical to those covered by this Agreement to any other corporations, associations or entities of any kind. Any and all operational procedures, techniques and devices developed by the Bank in connection with the performance of its duties and obligations under this Agreement, including those developed in conjunction with a Fund, shall be and remain the property of the Bank, and the Bank shall be free to employ such procedures, techniques and devices in connection with the performance of any other contract with any other person whether or not such contract is similar or identical to this Agreement.
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14.Β Β Β Β Β Β Β The Bank may, with respect to questions of law, apply to and obtain the advice and opinion of counsel to the independent trustees of a Fund or counsel that is mutually agreed upon by a Fund and Bank and shall be entitled to rely on the advice or opinion of such counsel.
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15.Β Β Β Β Β Β Β The Bank shall be entitled to rely upon any oral instructions received by the Bank and reasonably believed by the Bank to be given by or on behalf of a Fund, even if the Bank subsequently receives written instructions contradicting such oral instructions. The books and records of the Bank with respect to the content of any oral instruction shall be binding and conclusive.
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16.Β Β Β Β Β Β Β Notwithstanding any other provision in this Agreement, the Bank shall have no duty or obligation with respect to, including without limitation, any duty or obligation to determine, or advise or notify a Fund of: (a) the taxable nature of any distribution or amount received or deemed received by, or payable to, a Fund; (b) the taxable nature or effect on a Fund or its shareholders of any corporate actions, class actions, tax reclaims, tax refunds, or similar events; (c) the taxable nature or taxable amount of any distribution or dividend paid, payable or deemed paid, by a Fund to its shareholders; or (d) the effect under any federal, state, or foreign income tax laws of a Fund making or not making any distribution or dividend payment, or any election with respect thereto.
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17.Β Β Β Β Β Β Β The Bank shall be held to a standard of reasonable care in carrying out the provisions of this Agreement except as otherwise provided in this Agreement. The Bank shall not be liable for any loss, damage or expense, including counsel fees and other costs and expenses of a defense against any claim or liability, resulting from, arising out of, or in connection with its performance hereunder, including its actions or omissions, the incompleteness or inaccuracy of any specifications or other information furnished by the Fund, or for any delays caused by circumstances beyond the Bankβs control, unless such loss, damage or expense arises out of the negligence or willful misconduct of the Bank. In no event shall the Bank be liable to the Funds or any third party for special, indirect, or consequential damages, or for lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.
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18.Β Β Β Β Β Β Β Without limiting the generality of the foregoing, the Fund shall indemnify the Bank against and save the Bank harmless from any loss, damage or expense, including counsel fees and other costs and expenses of a defense against any claim or liability, arising from any one or more of the following:
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(a) Errors in records or instructions, explanations, information, specifications or documentation of any kind, as the case may be, supplied to the Bank by any third party described in preceding paragraph 9 hereof or by or on behalf of a Fund;
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(b) Action or inaction taken or omitted to be taken by the Bank pursuant to written or oral instructions of the Fund or otherwise without negligence or willful misconduct;
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(c) Any action taken or omitted to be taken by the Bank in good faith in accordance with the advice or opinion of counsel for the independent trustees of a Fund;
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(d) Any improper use by a Fund or its agents, distributor or investment advisor of any valuations or computations supplied by the Bank pursuant to this Agreement;
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(e) The method of valuation of the Securities, provided that such valuation is carried out in accordance with preceding paragraph 5 of this Agreement, and the method of computing each Fundβs net asset value; or
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(f) Any valuations of Securities or net asset value provided by the Fund.
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19.Β Β Β Β Β Β Β In consideration for all of the services to be performed by the Bank as set forth herein the Bank shall be entitled to receive reimbursement for all out-of-pocket expenses and such compensation as may be agreed upon in writing from time to time between the Bank and the Fund.
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20. Β Β Β Β Β Β Β Attached hereto as Appendix B is a list of persons duly authorized to give any written or oral instructions, or written or oral specifications, by or on behalf of the Fund. From time to time the Fund may deliver a new Appendix B to add or delete any person and the Bank shall be entitled to rely on the last Appendix B actually received by the Bank.
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21.Β Β Β Β Β Β Β The Fund represents and warrants to the Bank that it has all requisite power to execute and deliver this Agreement, to give any written or oral instructions contemplated hereby, and to perform the actions or obligations contemplated to be performed by it hereunder, and has taken all necessary action to authorize such execution, delivery, and performance.
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22.Β Β Β Β Β Β Β The Bank represents and warrants to each Fund that:
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(a) it has all requisite powers to execute and deliver this Agreement and to perform the actions or obligations contemplated to be performed by it hereunder, and has taken all necessary action to authorize such execution, delivery and performance;
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(b) it is conducting its business in material compliance with all applicable laws and requirements, both state and federal, and has obtained all regulatory licenses, approvals and consents necessary to carry on its business as now conducted.
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(c) In connection with the Fundsβ obligations under Rule 38a-1 of the Investment Company Act of 1940, as amended (the β1940 Actβ) the Bank agrees as follows:
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(1) the Bank agrees to reasonably cooperate with the Funds and the Fundsβ Chief Compliance Officer in the administration of the Fundsβ compliance program (βCompliance Programβ) as required by the Securities and Exchange Commission (βSECβ);
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(2) the Bank has implemented and maintains policies and procedures reasonably designed to prevent, detect and promptly correct any violations of Federal Securities Laws with respect to services the Bank provides to the Funds (βCompliance Proceduresβ);
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(3) the Bank will provide summaries of such Compliance Procedures that may affect in any material respect, the services provided hereunder by the Bank to the Funds;
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(4) the Bank periodically reviews the adequacy of such Compliance Procedures and the effectiveness of their implementation and upon the request of a Fund, will provide the then current summaries of internal Compliance Procedures between such reviews;
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(5) in the event that an officer or employee of the Bank administering this Agreement has actual knowledge of the occurrence of a βMaterial Compliance Matterβ (as defined in Rule 38a-1(e)(2)) which the Bank reasonably believes is related to or will affect the Fund, the Bank will, if permitted by law and the Bankβs regulators, notify the Fund of such occurrence;
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(6) except where prohibited by law, regulations or rule or as may be directed or instructed by the Bankβs regulators, the Bank agrees to notify the Funds following quarter-end of any inspections by, or other inquiries received from, the SEC or any other regulatory or law enforcement agency after the date of this certification, which relate to the services provided by the Bank to the Funds hereunder. For the avoidance of doubt, such notification obligation shall be satisfied if the notice is contained in any publicly available regulatory filing.
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(d) The Bank will maintain throughout the term of this Agreement, such contingency plans as it reasonably believes to be necessary and appropriate to recover its operations from the occurrence of a disaster and which are consistent with any statute or regulations to which it is subject that imposes business resumption and contingency planning standards. The Bank agrees to provide the Funds with a summary of its contingency plan as it relates to the systems used to provide the services hereunder and to provide the Funds with periodic updates of such summary upon the Fundsβ reasonable request.
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(e)Β Β Β Β Β Β Β The Bank shall perform the services listed in Appendix A hereto, as such Appendix A may be amended from time to time.
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23.Β Β Β Β Β Β Β This Agreement shall not be assignable by a Fund without the prior written consent of the Bank, or by the Bank without the prior written consent of each Fund.
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24.Β Β Β Β Β Β Β This Agreement shall become effective on the date first written above and shall remain in full force and effect for a period of four (4) years from the effective date of the Agreement (the βInitial Termβ) and shall automatically continue in full force and effect after such Initial Term unless either party terminates this Agreement by written notice to the other party at least six (6) months prior to the expiration of the Initial Term. Additionally, if the Bank (or any of its affiliates) engages in (i) any act or omission which constitutes a breach of any representation, warranty, term, or obligation contained in this Agreement, which upon notice the Bank has not cured within 5 business days or (ii) any act or omission which constitutes negligence, reckless misconduct, willful malfeasance, or lack of good faith in fulfilling the terms and obligations of this Agreement, then each Fund shall have the right to immediately terminate this Agreement.
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25.Β Β Β Β Β Β Β Either party may terminate this Agreement at any time after the Initial Term upon at least ninety (90) days prior written notice to the other party. Upon the date set forth in such notice, the Bank shall deliver to the Fund all records then the property of the Fund and, upon such delivery, the Bank shall be relieved of all duties and responsibilities under the Agreement.
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26.Β Β Β Β Β Β Β This Agreement may not be amended or modified in any manner except by written agreement executed on behalf of both parties hereto.
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27. Β Β Β Β Β Β Β All laws and rules of construction of the State of New York (other than those relating to choice of laws) shall govern the rights, duties and obligations of the parties hereto. The Fund and the Bank hereby consent to the exclusive jurisdiction of a state or federal court situated in New York City, New York in connection with any dispute arising hereunder. The Fund hereby irrevocably waives, to the fullest extent permitted by applicable law, any objection which it may now or hereafter have to the laying of venue of any such proceeding brought in such a court and any claim that such proceeding brought in such a court has been brought in an inconvenient forum. The Fund and the Bank each hereby irrevocably waives any and all rights to trial by jury in any legal proceeding arising out of or relating to this Agreement.
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28.Β Β Β Β Β Β Β The performance and provisions of this Agreement are intended to benefit only the Bank and each Fund, and no rights shall be granted to any other person by virtue of this Agreement.
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29.Β Β Β Β Β Β Β The Bank hereby represents and warrants that it has implemented and shall maintain appropriate measures designed to satisfy the requirements of federal and New York law applicable to the Bank with respect to the confidentiality of the portfolio holdings and transactions of each Fund. Upon request, the Bank shall annually make available to each such Fund such summaries or audit reports, including any SAS 70 report, as the Bank generally makes available to its similar customers.
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30.Β Β Β Β Β Β Β The Bank is expressly put on notice of the limitation of liability as set forth in the Declaration of Trust of those registered investment companies which are business trusts and agrees that the obligations and liabilities assumed by a registered investment company or any Fund pursuant to this Agreement, including without limitation, any obligations or liability to indemnify the Bank, shall be limited in any case to the relevant Fund and its assets and that the Bank shall not seek satisfaction of any such obligation from the shareholders of the relevant Fund, from any other Fund nor its shareholders, from the Trustees, Officers, employees or agents of the registered investment company or Fund, or any of them. In addition, in connection with the discharge and satisfaction of any claim made by the Bank involving more than one Fund, the Trustees or Officers of such Funds shall have the exclusive right to determine the appropriate allocations of liability for any claim between or among the Funds.
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31.Β Β Β Β Β Β Β [Β Β Β Β Β Β Β Β Β Β ]
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Each of the registered investment companies or series thereof listed on Schedule I to this Agreement
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By:_/s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Treasurer
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Attest:_not attested
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THE BANK OF NEW YORK MELLON
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By: /s Xxxxxx Xxxxxxx
Name: Xxxxxx Xxxxxxx
Title: Vice President
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Attest:_not attested
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APPENDIX A TO FUND ACCOUNTING AGREEMENT
BETWEEN
THE BANK OF NEW YORK MELLON
AND
THE FEDERATED FUNDS
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I.Β Β Β Β Β Β Β The Bank of New York Mellon (the βBankβ), as agent for The Federated Funds (the βFundβ), shall maintain the following records on a daily basis for each Fund.
1.Β Β Β Β Β Β Β Report of priced portfolio securities
2.Β Β Β Β Β Β Β Statement of net asset value per share
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II.Β Β Β Β Β Β Β The Bank shall maintain the following records on a monthly basis for each Fund:
1.Β Β Β Β Β Β Β General Ledger
2.Β Β Β Β Β Β Β General Journal
3.Β Β Β Β Β Β Β Cash Receipts Journal
4.Β Β Β Β Β Β Β Cash Disbursements Journal
5.Β Β Β Β Β Β Β Subscriptions Journal
6.Β Β Β Β Β Β Β Redemptions Journal
7.Β Β Β Β Β Β Β Accounts Receivable Reports
8.Β Β Β Β Β Β Β Accounts Payable Reports
9.Β Β Β Β Β Β Β Open Subscriptions/Redemption Reports
10.Β Β Β Β Β Β Β Transaction (Securities) Journal
11.Β Β Β Β Β Β Β Broker Net Trades Reports
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III.Β Β Β Β Β Β Β The Bank shall prepare a Holdings Ledger on a quarterly basis, and a Buy-Sell Ledger (Brokerβs Ledger) on a semiannual basis for each Fund
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The above reports may be printed according to any other required frequency to meet the requirements of the Internal Revenue Service, the Securities and Exchange Commission and the Fundβs Auditors.
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IV.Β Β Β Β Β Β Β For internal control purposes, the Bank uses the Account Journals provided by The Bank of New York Mellon Custody System to record daily settlements of the following for each Fund:
1.Β Β Β Β Β Β Β Securities bought
2.Β Β Β Β Β Β Β Securities sold
3.Β Β Β Β Β Β Β Interest received
4.Β Β Β Β Β Β Β Dividends received
5.Β Β Β Β Β Β Β Capital stock sold
6.Β Β Β Β Β Β Β Capital stock redeemed
7.Β Β Β Β Β Β Β Other income and expenses
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All portfolio purchases for the Fund are recorded to reflect expected maturity value and total cost including any prepaid interest.
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V.Β Β Β Β Β Β Β The Bank shall monitor the triggers used to determine when the ITG fair value pricing procedures may be invoked, as further detailed in the SLA, and inform the appropriate Federated personnel that triggers had been met.
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VI.Β Β Β Β Β Β Β The Bank shall complete monthly preferred shares βasset coverageβ test (as that term is defined in Section 18(h) of the Investment Company Act of 1940, as amended) following the compliance procedures contained in the SLA, as such SLA may be amended from time to time by mutual agreement of the parties (the βCompliance Proceduresβ).
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VII.Β Β Β Β Β Β Β The Bank shall complete monthly preferred shares basic maintenance amount test for Fitch Ratings, Ltd. (βFitchβ) following the Compliance Procedures.
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VIII.Β Β Β Β Β Β Β The Bank shall complete monthly preferred shares basic maintenance amount test for Xxxxxβx Investors Service, Inc. (βMoodyβsβ) following the Compliance Procedures.
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APPENDIX B
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The Authorized Persons List, as amended from time to time, is hereby incorporated by reference.
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CERTIFICATE OF AUTHORIZED
PERSONS
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APPENDIX C
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FAIR PRICING AUTHORIZATION MATRIX
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SCHEDULE I
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(UPDATED AS OF 8/1/12)
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A.Β Β Β Β Β Β Β Money Market Funds
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Federated Automated Government Cash Reserves
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
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B.Β Β Β Β Β Β Β Muni Fixed Income Funds
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Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
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C.Β Β Β Β Β Β Β Other Funds
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Federated Emerging Market Debt Fund
Federated Enhanced Treasury Income Fund
Federated Global Equity Fund
Federated InterContinental Fund
Federated International Bond Fund
Federated International Bond Strategy Portfolio
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated Prudent Absolute Return Fund (formerly, Federated Market Opportunity Fund)
Federated MDT Stock Trust
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Federated Unconstrained Bond Fund
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SCHEDULE II
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Accounting, Administration and Custody Fee Schedule
Effective March 1, 2011
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SCHEDULE III
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Security Pricing Fee Rate Card | Β | |||
(per day per security) | Β | |||
Vendor | Asset Type | Asset Group | Daily Fee | Β |
StatPro (FRI) | Fixed | FOREIGN BOND | 0.80 | Β |
XX Xxxxxx (Bear Xxxxxxx PricingDirect) | Derivatives | CR.DEFAULT SWAPS | 4.00 | Β |
Β | INT.RATE. SWAPS | 0.50 | Β | |
Β | SWAPTION | 1.00 | Β | |
Fixed | CMO | 2.00 | Β | |
Β | FHLMC | 0.80 | Β | |
Β | FNMA | 0.80 | Β | |
Β | FOREIGN BOND | 0.80 | Β | |
Β | INTEREST ONLY BOND | 0.80 | Β | |
Β | MORTGAGE RELATED | 0.80 | Β | |
Β | CORPORATE BOND | 0.40 | Β | |
Β | INFLATION INDEX | 0.40 | Β | |
Β | PRINCIPAL ONLY BOND | 0.40 | Β | |
Β | GNMA1 | 0.25 | Β | |
Β | GNMA2 | 0.25 | Β | |
Β | GOVERNMENT BOND | 0.25 | Β | |
Β | TREASURY XXXX | 0.25 | Β | |
Β | TREASURY BOND | 0.25 | Β | |
Β | TREASURY NOTE | 0.25 | Β | |
IDC | Derivatives | FUTURE | 0.15 | Β |
Β | OPTION | 0.15 | Β | |
Β | SWAPTIONS | 0.10 | Β | |
Equity | FOREIGN STOCK | 0.50 | Β | |
Β | EQUITY(COMMON STOCK) | 0.15 | Β | |
Β | MUTUAL FUND | 0.15 | Β | |
Β | PREFERRED STOCK | 0.15 | Β | |
Β | RIGHT | 0.15 | Β | |
Β | WARRANTS | 0.15 | Β | |
Fixed | FOREIGN BOND | 1.11 | Β | |
Β | MORTGAGE RELATED | 0.89 | Β | |
Β | CONVERTIBLE BOND | 0.56 | Β | |
Β | CORPORATE BOND | 0.56 | Β | |
Β | DEMAND NOTE | 0.56 | Β | |
Β | FHLMC | 0.56 | Β | |
Β | FNMA | 0.56 | Β | |
Β | GNMA1 | 0.56 | Β | |
Β | GNMA2 | 0.56 | Β | |
Β | GOVERNMENT BOND | 0.56 | Β | |
Β | INFLATION INDEX | 0.56 | Β | |
Β | INTEREST ONLY BOND | 0.56 | Β | |
Β | PRINCIPAL ONLY BOND | 0.56 | Β | |
Β | STEPPED BOND | 0.56 | Β | |
Β | TREASURY XXXX | 0.56 | Β | |
Β | TREASURY BOND | 0.56 | Β | |
Β | TREASURY NOTE | 0.56 | Β | |
Money Market | CERTIFICATE OF DEPOSIT | 0.56 | Β | |
Β | COMMERCIAL PAPER | 0.56 | Β | |
Β | MONEY MARKET | 0.56 | Β | |
XX Xxxxx | Money Market | MONEY MARKET | 0.28 | Β |
Muni | MUNICIPAL BOND | 0.60 | Β | |
Markit Partners | Derivatives | Cr. Df. Swap In.Tranche | 4.55 | Β |
Β | Swaption on CDS | 3.48 | Β | |
Β | Swaption on CDX | 3.48 | Β | |
Β | CMBX Index Swap | 2.27 | Β | |
Β | CDSwap Single Name ABS | 2.27 | Β | |
Β | ABX Index Swap | 2.27 | Β | |
Β | Volatility Swap | 2.17 | Β | |
Β | Interest Rate Swaption | 1.52 | Β | |
Β | Cr.Df.Swap Single Name | 1.52 | Β | |
Β | Cr. Default Swap Index | 1.52 | Β | |
Β | Swaption on IRS | 1.45 | Β | |
Β | Option | 1.27 | Β | |
Β | Index Option | 1.27 | Β | |
Β | Equity Option | 1.27 | Β | |
Β | Debt Option | 1.27 | Β | |
Β | Total Return Swap | 1.14 | Β | |
Β | FX / Currency Option | 0.99 | Β | |
Β | Zero Coupon IR Swap | 0.99 | Β | |
Β | Currency Swap | 0.61 | Β | |
Β | Interest Rate Swap | 0.61 | Β | |
Xxxxxx (IDC) | Fixed | CORPORATE BOND | 0.56 | Β |
Β | DEMAND NOTE | 0.56 | Β | |
Β | FHLMC | 0.56 | Β | |
Β | FNMA | 0.56 | Β | |
Β | FOREIGN BOND | 1.11 | Β | |
Β | GOVERNMENT BOND | 0.56 | Β | |
Β | MORTGAGE RELATED | 0.89 | Β | |
Β | TREASURY XXXX | 0.56 | Β | |
Β | TREASURY BOND | 0.56 | Β | |
Β | TREASURY NOTE | 0.56 | Β | |
Money Market | CERTIFICATE OF DEPOSIT | 0.56 | Β | |
Β | COMMERCIAL PAPER | 0.56 | Β | |
Β | MONEY MARKET | 0.56 | Β | |
Β | TIME DEPOSITS | 0.56 | Β | |
Muni | MUNICIPAL BOND | 0.61 | Β | |
Reuters | Derivatives | FUTURE/OPTIONS | 0.10 | Β |
Β | ||||
Equity | EQUITY(COMMON STOCK) | 0.08 | Β | |
Β | FOREIGN STOCK | 0.10 | Β | |
Β | PREFERRED STOCK | 0.08 | Β | |
Β | WARRANTS | 0.08 | Β | |
Fixed | CONVERTIBLE BOND | 0.50 | Β | |
Β | CORPORATE BOND | 0.30 | Β | |
Β | FHLMC | 0.15 | Β | |
Β | FNMA | 0.15 | Β | |
Β | FOREIGN BOND | 0.40 | Β | |
Β | GNMA1 | 0.30 | Β | |
Β | GNMA2 | 0.30 | Β | |
Β | GOVERNMENT BOND | 0.15 | Β | |
Β | INFLATION INDEX | 0.10 | Β | |
Β | MORTGAGE RELATED | 0.50 | Β | |
Β | TREASURY XXXX | 0.15 | Β | |
Β | TREASURY BOND | 0.15 | Β | |
Β | TREASURY NOTE | 0.15 | Β | |
Money Market | MONEY MARKET | 0.08 | Β |
Β
Β |
Β |
FIRST AMENDMENT TO
THIS FIRST AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and Bank desire to amend the Agreement subject to the terms and conditions set forth herein; and
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
1.Β Β Β Β Β Β Β Schedule I to the Agreement is hereby amended and updated to add the following Funds, effective March 25, 2011:
Β
Muni Fixed Income Funds:
Β
Β· | Federated Municipal Ultrashort Fund, a portfolio of Federated Fixed Income Securities, Inc. |
Β· | Federated Premier Municipal Income Fund |
Β· | Federated Premier Intermediate Municipal Income Fund |
Β· | Federated Short-Intermediate Duration Municipal Trust |
Other Funds:
Β· | Federated Muni and Stock Advantage Fund, a portfolio of Federated Income Securities Trust |
Β· | Federated International Bond Fund, a portfolio of Federated International Series, Inc. |
Β· | Federated International Bond Strategy Portfolio, a portfolio of Federated Managed Pool Series |
Β· | Federated Emerging Market Debt Fund, a portfolio of Federated World Investment Series, Inc. |
Β· | Federated Prudent DollarBear Fund, a portfolio of Federated Income Securities Trust |
Β· | Federated InterContinental Fund, a portfolio of Federated Equity Funds |
Β· | Federated International Leaders Fund, a portfolio of Federated World Investment Series, Inc. |
Β· | Federated International Small-Mid Company Fund, a portfolio of Federated World Investment Series, Inc. |
Β· | Federated International Strategic Value Dividend Fund, a portfolio of Federated Equity Funds |
Β
2. The Agreement shall remain in full force and effect as amended by this Amendment.
Β
[Remainder of Page Intentionally Left Blank]
Β
Β |
Β |
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of March 25, 2011.
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
By: /s/ Xxxxxx Xxxxxxx
Title: Vice President
Β |
Β |
Β
Β
COMPLIANCE SUPPORT SERVICES ADDENDUM
TO |
Β
Β
This Compliance Support Services Addendum is effective as of May 31, 2012 by and between the investment companies listed on Exhibit 1 to this Addendum (each a βFundβ and collectively, the βFundsβ) and THE BANK OF NEW YORK MELLON (βBNY Mellonβ).
Β
BACKGROUND:
Β
A. | The Funds and BNY Mellon are parties to a certain Fund Accounting Agreement dated March 1, 2011, as amended (the βAgreementβ). |
Β
B. | This Addendum is intended to supplement the Agreement with regard to additional services offered by BNY Mellon and shall be applicable solely to the Funds identified at Exhibit 1 hereto. |
Β
C. | Each Fund hereby instructs BNY Mellon to provide the compliance support services (βSupport Servicesβ) described in this Addendum, and BNY Mellon acknowledges such instruction and is willing to provide such Support Services pursuant to the terms set forth herein. |
Β
D. | This Background section is hereby incorporated by reference in and made a part of this Addendum. |
Β
TERMS: |
Β
In consideration of the premises and mutual covenants herein contained, the parties hereto agree as follows:
Β
1. | BNY Mellon shall provide, or cause its affiliates to provide, the Support Services, as they are described at Exhibit 2 hereto, subject to all applicable terms and conditions of the Agreement. |
Β
2. | As compensation for providing the Support Services, the Funds shall pay BNY Mellon a fee or fees as may be agreed to from time to time in writing by the parties hereto. |
Β
Each Fund hereby represents and warrants to BNY Mellon that (i) the terms of this Addendum, (ii) the fees and expenses associated with this Addendum and (iii) any benefits accruing to BNY Mellon and/or any affiliate of such Fund relating to this Addendum have been fully disclosed to the Board of Trustees of the Fund and that, if required by applicable law, such Board of Trustees has approved or will approve the terms of this Addendum, any such fees and expenses, and any such fees and expenses, and any such benefits.
Β
3. | Notwithstanding any provision of this Addendum, the Support Services are not, nor shall they be construed as constituting, legal advice or the provision of legal services for or on behalf of a Fund or any other person. Neither this Addendum nor the provision of the Support Services establishes or is intended to establish an attorney-client relationship between BNY Mellon and a Fund or any other person. |
Β
4. | While BNY Mellon, when providing certain of the Support Services, may identify out-of-compliance conditions, BNY Mellon does not, and could not for the fees charged, make any guarantees, representations or warranties with respect to its ability to identify any or all such conditions. |
Β
5. | The parties hereto acknowledge that all work produced by BNY Mellon in providing the Support Services, and the performance of the Support Services in general, by BNY Mellon pursuant to this Addendum will be a the request and direction of each Fund and Fundβs chief compliance officer (βCCOβ). BNY Mellon disclaims liability to the Fund, and the Fund is solely responsible, for the selection, qualifications and performance of the Fundβs CCO and the adequacy and effectiveness of the Fundβs compliance program. |
Β
6. | BNY Mellon shall not be responsible for: (a) delays in the transmission to it by the Funds, the Fundsβ adviser and entities unaffiliated with BNY Mellon (collectively, for this Addendum, βThird Partiesβ) of data required for the Support Services, (b) inaccuracies of, errors in or omissions of, such data provided to it by any Third Party, and (c) review of such data provided to it by any Third Party. This Section 6 is a limitation of responsibility provision for the benefit of BNY Mellon, and shall not be used to imply any responsibility or liability against BNY Mellon. |
Β
7. | Miscellaneous. |
Β
(a) | As hereby supplemented, the Agreement shall remain in full force and effect. In the event of a conflict between the terms of this Addendum and the terms of the Agreement, the terms of this Addendum shall control with respect to the Support Services. |
Β
(b) | This Addendum may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The facsimile signature of any party to the Addendum shall constitute the valid and binding execution hereof by such party. |
Β
(c) | If any provision or provisions of this Addendum shall be held to be invalid, unlawful or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. |
Β
Β
(Signature page follows.)
Β |
Β |
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed by their duly authorized officers designated below on the date and year noted below.
Β
Β
Β
On behalf of each of the Funds indicated on Exhibit 1,
as may be amended from time to time
Β
Β
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxx X. Xxxxxxxx
Name: Xxx X. Xxxxxxxx
Title: Head of U.S. Fund Accounting and Authorized Signer
Β
Β
Β
Effective Date: May 31, 2012
Β |
Β |
EXHIBIT 1
Β
Fund/Portfolio Name
Β
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Automated Government Cash Reserves
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Municipal Ultrashort Fund
Federated Premier Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Enhanced Treasury Income Fund
Federated Global Equity Fund
Federated Unconstrained Bond Fund
Federated Market Opportunity Fund
Federated MDT Stock Trust
Federated Muni and Stock Advantage Fund
Federated International Bond Fund
Federated International Bond Strategy Portfolio
Federated Emerging Market Debt Fund
Federated Prudent DollarBear Fund
Federated InterContinental Fund
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Β |
Β |
EXHIBIT 2
Β
Compliance Support Services
Β
Description | Frequency |
1.Β Β Β Β Β Β Β Provision of compliance policies and procedures for each applicable BNY Mellon line of business, summary and regulatory mapping of procedures Β 2.Β Β Β Β Β Β Β Certification letter attesting BNY Mellonβs compliance with such policies and procedures. Β 3.Β Β Β Β Β Β Β Host the Fundβs CCO at BNY Mellonβs operations location. Β 4.Β Β Β Β Β Β Β CCO group meetings with Fundβs CCO and other CCOs on regulatory issues and industry best practices. |
Annually, with interim updates on an as-needed basis. Β Β Β Quarterly or annually at clientβs request. Β Β Annually. Β Β Annually. |
Β
Β |
Β |
Β
THE BANK OF NEW YORK MELLON
Β
May 31, 2012
Β
The Federated Family of Funds
Β
Β
Re: Compliance Support Services Fees
Β
Dear Sir/Madam:
Β
This letter constitutes our agreement with respect to compensation to be paid to The Bank of New York Mellon (βBNY Mellonβ) under the terms of the Compliance Support Services Addendum dated on or about the date hereof (the βAddendumβ) to the Fund Accounting Agreement dated March 1, 2011, as amended (the βAgreementβ) between the investment companies listed on Exhibit 1 thereto (each a βFundβ and collectively, the βFundsβ) and BNY Mellon for compliance support services provided to or on behalf of the Funds as set forth on Exhibit 2 to the Addendum. The fee for the compliance support services set forth on such Exhibit 2 to the Addendum shall be $5,000 per year for the fund accounting and financial reporting service line. This fee shall be allocated evenly among the Funds.
Β
Such fees are in addition to, and in no way affect, other fees to which the parties hereto have agreed (or in the future agree) with respect to the Agreement or any amendment thereto.
Β
All services provided pursuant to the Addendum are provided subject to reimbursement of BNY Mellonβs out-of-pocket expenses. Out-of-pocket expenses are assessed at cost and include, but are not limited to, independent compliance reviews, overnight express charges, travel costs, transmission expenses, and all other miscellaneous fees incurred on behalf of the Funds in connection with such services.
Β
If the foregoing accurately sets forth our agreement regarding the fees for the services referred to herein and you intend to be legally bound hereby, please execute a copy of this letter and return it to BNY Mellon.
Β
Very truly yours,
Β
THE BANK OF NEW YORK MELLON
Β
By: Xxx X. Xxxxxxxx
Name: Xxx X. Xxxxxxxx
Title: Head of U.S. Fund Accounting and
Authorized Signer
Agreed and accepted:
Β
On behalf of each of the Funds indicated on
Exhibit 1 to the Addendum,
as may be amended from time to time.
Β
Β
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Treasurer
Β |
Β |
Β
Second amendment never completed.
Β
Β
THIRD AMENDMENT TO
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated June 7, 2005, amended March 25, 2011, December 31, 2012 and April 28, 2014, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to amend the names of certain Funds to Schedule I, effective April 28, 2014; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
2. The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of April 28, 2014.
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 4/28/14)
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Automated Government Cash Reserves
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Enhanced Treasury Income Fund
Federated Emerging Markets Debt Fund
Federated Emerging Markets Equity Fund (formerly, Federated Global Equity Fund)
Federated InterContinental Fund
Federated International Bond Fund
Federated International Bond Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated Absolute Return Fund
Federated MDT Stock Trust
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Federated Unconstrained Bond Fund
Β |
Β |
Β
FOURTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated June 7, 2005, amended March 25, 2011, December 31, 2012, April 28, 2014, and December 1, 2014, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
2. The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of December 1, 2014.
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 12/1/14)
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Automated Government Cash Reserves
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated Emerging Markets Equity Fund
Federated Enhanced Treasury Income Fund
Federated InterContinental Fund
Federated International Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Stock Trust
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Federated Unconstrained Bond Fund
Β
Β |
Β |
Β
FIFTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated June 7, 2005, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
2. The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of June 26, 2015.
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 6/25/15)
Β
Β
A. | Money Market Funds |
Federated Automated Government Cash
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated Emerging Markets Equity Fund
Federated Enhanced Treasury Income Fund
Federated InterContinental Fund
Federated International Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Stock Trust
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Β
Β
Β
Β |
Β |
Β
Β
SIXTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to amend the names to certain Funds and add certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of December 1, 2016.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: _/s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: _/s/ Xxxxxxx Fernandez_
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 12/01/16)
Β
Β
A. | Money Market Funds |
Federated Automated Government Cash
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Securities Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated Emerging Markets Equity Fund
Federated Enhanced Treasury Income Fund
Federated InterContinental Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund (formerly Federated International Bond Fund)
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund (formerly Federated MDT Stock Trust)
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Β
Β |
Β |
Β
SEVENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to amend the names to certain Funds and delete certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of August 1, 2017.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: _/s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /a/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β
Β |
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Β
SCHEDULE I
(UPDATED AS OF 08/1/17)
Β
Β
B. | Money Market Funds |
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated InterContinental Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated MDT Large Cap Value Fund *
Federated Muni and Stock Advantage Fund
Federated Prudent DollarBear Fund
Β
Β
*a portfolio of Federated MDT Equity Trust to be effective August 31, 2017.
Β
Β
Β
Β
Β
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Β
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EIGHTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to remove certain Funds from Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of October 1, 2017.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: __/s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β
Β |
Β |
Β
Β
SCHEDULE I
(UPDATED AS OF 10/1/17)
Β
Β
C. | Money Market Funds |
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated Municipal Trust
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated MDT Large Cap Value Fund *
Federated Muni and Stock Advantage Fund
Β
Β
*a portfolio of Federated MDT Equity Trust which became effective August 31, 2017.
Β
Β
Β
Β
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Β
NINTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to remove certain Funds from Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of November 1, 2017.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: _/s/ Xxxxxxx Fernandez___________________
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 11/1/17)
Β
Β
A. | Money Market Funds |
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Intermediate Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Markets Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated MDT Large Cap Value Fund *
Federated Muni and Stock Advantage Fund
Β
Β
*a portfolio of Federated MDT Equity Trust which became effective August 31, 2017.
Β
Β
Β
Β
Β
Β
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Β
TENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to remove certain Funds from Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of December 1, 2017.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Fernandez___________________
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 12/1/17)
Β
Β
A. | Money Market Funds |
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated New York Municipal Income Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated MDT Large Cap Value Fund *
Federated Muni and Stock Advantage Fund
Β
Β
*a portfolio of Federated MDT Equity Trust which became effective August 31, 2017.
Β
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Β
ELEVENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain Funds to and remove certain Funds from Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of September 1, 2018.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By:_/s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 09/01/18)
Β
Β
A. | Money Market Funds |
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes SDG Engagement Equity Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated Muni and Stock Advantage Fund
Β
Β
Β
Β
Β
Β
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TWELFTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of December 1, 2018.
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Assistant Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β |
Β |
Β
Β
SCHEDULE I
(UPDATED AS OF 12/01/18)
Β
Β
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes Absolute Credit Fund
Federated Hermes Global Equity Fund
Federated Hermes Global Small Cap Fund
Federated Hermes SDG Engagement Equity Fund
Federated Hermes Unconstrained Credit Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated Muni and Stock Advantage Fund
Β
Β
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Β
THIRTEENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of March 1, 2019
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Assistant Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β
Β |
Β |
Β
Β
SCHEDULE I
(UPDATED AS OF 03/01/19)
Β
Β
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes Absolute Credit Fund
Federated Hermes Global Equity Fund
Federated Hermes Global Small Cap Fund
Federated Hermes International Equity Fund
Federated Hermes SDG Engagement Equity Fund
Federated Hermes Unconstrained Credit Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated MDT Large Cap Value Fund
Federated Muni and Stock Advantage Fund
Β
Β
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Β |
Β
FOURTEENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of April 1, 2019
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Assistant Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
By: _/s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President/Managing Director
Β
Β |
Β |
Β
SCHEDULE I
(UPDATED AS OF 04/01/19)
Β
Β
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
Β
Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes Absolute Credit Fund
Federated Hermes Global Equity Fund
Federated Hermes Global Small Cap Fund
Federated Hermes International Equity Fund
Federated Hermes SDG Engagement Equity Fund
Federated Hermes Unconstrained Credit Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated Max-Cap Index Fund
Federated MDT Large Cap Value Fund
Federated Mid-Cap Index Fund
Federated Muni and Stock Advantage Fund
Federated Strategic Value Dividend Fund
Β
Β |
Β |
Β
Β
FIFTEENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
Β
W I T N E S S E T H:
Β
WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
Β
WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
Β
WHEREAS, the Funds and the Bank desire to add certain Funds to Schedule I; and
Β
WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
Β
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
Β
The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
Β
The Agreement shall remain in full force and effect as amended by this Amendment.
Β
IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of June 1, 2019
Β
Β
On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
Β
By: /s/ Xxxxxxx Xxxxxx Xxxxx
Name: Xxxxxxx Xxxxxx Xxxxx
Title: Assistant Treasurer
Β
THE BANK OF NEW YORK MELLON
Β
Β
By: /s/ Xxxxx Xxxxxxx
Name: Xxxxx Xxxxxxx
Title: Vice-President
Β |
Β |
Β
Β
SCHEDULE I
(UPDATED AS OF 06/01/19)
Β
Β
A.Β Β Β Β Β Β Β Money Market Funds
Β
Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
Β
B.Β Β Β Β Β Β Β Muni Fixed Income Funds
Β
Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
Β
C.Β Β Β Β Β Β Β Other Funds
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Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Emerging Markets Equity Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes Absolute Credit Fund
Federated Hermes Global Equity Fund
Federated Hermes Global Small Cap Fund
Federated Hermes International Equity Fund
Federated Hermes SDG Engagement Equity Fund
Federated Hermes Unconstrained Credit Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Equity Fund
Federated International Growth Fund
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated Max-Cap Index Fund
Federated MDT Large Cap Value Fund
Federated Mid-Cap Index Fund
Federated Muni and Stock Advantage Fund
Federated Strategic Value Dividend Fund
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SIXTEENTH AMENDMENT TO
FUND ACCOUNTING AGREEMENT
THIS AMENDMENT TO FUND ACCOUNTING AGREEMENT (βAmendmentβ) is by and between each of the investment companies listed on Schedule I to the Agreement, as defined below (each, a βFundβ), and The Bank of New York Mellon (βBankβ).
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W I T N E S S E T H:
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WHEREAS, the Funds and the Bank are parties to that certain Fund Accounting Agreement (the βAgreementβ) dated March 1, 2011, as amended, between the Funds listed on Schedule I of the Agreement, as amended and restated and attached hereto and the Bank;
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WHEREAS, each Fund is registered as a management investment company under the Investment Company Act of 1940, as amended;
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WHEREAS, the Funds and the Bank desire to add certain Funds to Schedule I; and
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WHEREAS, the Funds and Bank are parties to that certain Fund Accounting Agreement (the
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NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, and intending to be legally bound hereby, the parties hereto agree as follows:
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The Funds listed in Schedule I to the Agreement is amended and restated to include the funds listed on Schedule I attached hereto.
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The Agreement shall remain in full force and effect as amended by this Amendment.
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IN WITNESS WHEREOF, this Amendment has been executed for and on behalf of the undersigned as of March 1, 2020.
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On behalf of each of the Funds indicated on
Schedule I of the Fund Accounting Agreement,
as amended from time to time
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By: /s/ Xxxxxxx Xxxxxx Xxxxx
Name: Xxxxxxx Xxxxxx Xxxxx
Title: Assistant Treasurer
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THE BANK OF NEW YORK MELLON
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By: /s/ Xxxxx Farrell_
Name: Xxxxx Xxxxxxx
Title: Vice-President
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SCHEDULE I
(UPDATED AS OF 03/01/2020)
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A.Β Β Β Β Β Β Β Money Market Funds
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Federated Capital Reserves Fund
Federated Government Obligations Tax-Managed Fund
Federated Government Reserves Fund
Federated U.S. Treasury Cash Reserves
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B.Β Β Β Β Β Β Β Muni Fixed Income Funds
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Federated Intermediate Municipal Trust
Federated Michigan Intermediate Municipal Trust
Federated Municipal High Yield Advantage Fund
Federated Municipal Bond Fund, Inc.
Federated Municipal Ultrashort Fund
Federated Ohio Municipal Income Fund
Federated Pennsylvania Municipal Income Fund
Federated Premier Municipal Income Fund
Federated Short-Intermediate Duration Municipal Trust
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C.Β Β Β Β Β Β Β Other Funds
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Federated Absolute Return Fund
Federated Emerging Market Debt Fund
Federated Emerging Markets Equity Fund
Federated Global Strategic Value Dividend Fund
Federated Global Total Return Bond Fund
Federated Hermes Absolute Credit Fund
Federated Hermes Global Equity Fund
Federated Hermes Global Small Cap Fund
Federated Hermes International Equity Fund
Federated Hermes SDG Engagement Equity Fund
Federated Hermes Unconstrained Credit Fund
Federated Hermes US XXXX Fund
Federated International Bond Strategy Portfolio
Federated International Dividend Strategy Portfolio
Federated International Equity Fund
Federated International Growth Fund
Federated International Leaders Fund
Federated International Small-Mid Company Fund
Federated International Strategic Value Dividend Fund
Federated Max-Cap Index Fund
Federated MDT Large Cap Value Fund
Federated Mid-Cap Index Fund
Federated Muni and Stock Advantage Fund
Federated Strategic Value Dividend Fund
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EXECUTION
INVESTMENT COMPANY REPORTING
MODERNIZATION SERVICES AMENDMENT TO
FUND ACCOUNTING AGREEMENT
Β
Β
This Investment Company Reporting Modernization Services Amendment (the βAmendmentβ) is made as of March 1, 2018 by and between each of the registered investment companies listed on Schedule I to the Agreement (as defined below) as such Schedule I may be amended from time to time (each registered investment company, the βFundβ) and THE BANK OF NEW YORK MELLON (βBNY Mellonβ).
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BACKGROUND:
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A. | WHEREAS, the Fund and BNY Mellon are parties to a Fund Accounting Agreement dated as of March 1, 2011, as amended (the βAgreementβ); |
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B. | WHEREAS, this Amendment is an amendment to the Agreement and shall be applicable solely to the portfolios of the Fund identified at Exhibit 1 hereto (the βPortfoliosβ); |
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C. | WHEREAS, the Fund desires that BNY Mellon provide the investment company reporting modernization services described in this Amendment; |
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D. | WHEREAS, capitalized terms used in this Amendment shall have the meanings set forth in the Agreement unless otherwise defined herein, and all forms and rules referenced herein are in reference to forms and rules promulgated under the Investment Company Act of 1940, as amended; and |
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E. | WHEREAS, the Fund and BNY Mellon desire to amend the Agreement with respect to the foregoing; |
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TERMS:
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NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the parties hereto agree as follows:
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1. | BNY Mellon shall provide the following services to the Fund for the Portfolios and the Agreement is hereby amended to include the following with the services described therein: |
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1.1 | As selected by the Fund, BNY Mellon shall provide services following a shared service operating model. This operating model requires the Fund or adviser to file the reports described in the services noted below. |
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1.2 | FORM N-PORT. BNY Mellon, subject to the limitations described herein and its timely receipt of all necessary information related thereto, will collect, aggregate and normalize the data required for the submission of Form N-PORT, related filing types, and any forms adopted to replace such forms. BNY Mellon will review and transmit to the Fundsβ third party filing agent each draft N-PORT and provide reasonable cooperation to the relevant Fund and/or such Fundβs third party agent as necessary to resolve any issues with the receipt of the Form N-PORT data provided. |
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1.2.1 | The timely receipt of necessary information referred to above will be determined by mutual agreement of BNY Mellon and the Fund in advance of the preparation of the initial Form N-PORT. |
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1.3 | FORM N-CEN. BNY Mellon, subject to the limitations described herein and its timely receipt of all necessary information related thereto, will collect, aggregate and normalize the data required for the submission of Form N-CEN, related filing types, and any forms adopted to replace such forms. BNY Mellon will review and transmit to the Fundsβ third party filing agent each draft N-CEN and provide reasonable cooperation to the relevant Fund and/or such Fundβs third party agent as necessary to resolve any issues with the receipt of the Form N-CEN data provided. |
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1.3.1 | The timely receipt of necessary information referred to above will be determined by mutual agreement of BNY Mellon and the Fund in advance of the preparation of the initial Form N-CEN. |
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2. | BNY Mellon shall not be responsible for: (a) delays in the transmission to it by the Fund, the Fundβs adviser and entities unaffiliated with BNY Mellon (collectively, for this Amendment, βThird Partiesβ) of data required for the reports described herein, (b) inaccuracies of, errors in or omissions of, such data provided to it by any Third Party, and (c) validation of such data provided to it by any Third Party. This Section 2 is a limitation of responsibility provision for the benefit of BNY Mellon, and shall not be used to imply any responsibility or liability against BNY Mellon. |
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3. | The Fund shall be responsible for the retention of the filed reports described herein in accordance with any applicable rule or regulation. |
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4. | Notwithstanding any provision of this Amendment, the services described herein are not, nor shall they be construed as constituting, legal advice or the provision of legal services for or on behalf of the Fund or any other person. Neither this Amendment nor the provision of the services establishes or is intended to establish an attorney-client relationship between BNY Mellon and the Fund or any other person. |
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5. | As compensation for the services described herein, the Fund will pay to BNY Mellon such fees as may be agreed to in writing by the Fund and BNY Mellon. |
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6. | Miscellaneous. |
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(a) | As hereby amended and supplemented, the Agreement shall remain in full force and effect. In the event of a conflict between the terms of this Amendment and the terms of the Agreement, the terms of this Amendment shall control with respect to the services described herein. |
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(b) | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The facsimile signature of any party to this Amendment shall constitute the valid and binding execution hereof by such party. |
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(c) | If any provision or provisions of this Amendment shall be held to be invalid, unlawful or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired. |
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(Signature page follows.)
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers designated below on the date and year first above written.
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EACH OF THE REGISTERED INVESTMENT
COMPANIES LISTED ON EXHIBIT I
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By: /s/ Xxxx X. Xxxxxxx
Name: Xxxx X. Xxxxxxx
Title: Treasurer
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II.Β Β THE BANK OF NEW YORK MELLON
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By: /s/Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Vice President
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Date: March 2, 2018
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AMENDMENT TO
FUND ACCOUNTING AGREEMENT
Β
This Amendment (βAmendmentβ) is made as of the 4th day of September 2018, by and between each of the registered investment companies listed on Schedule I to the Agreement (as defined below) as such Schedule I may be amended from time to time (each registered investment company, the βFundβ) and THE BANK OF NEW YORK MELLON (βBNY Mellonβ).
BACKGROUND:
A. | BNY Mellon and the Fund entered into a Fund Accounting Agreement dated as of March 1, 2011, as amended to date (the βAgreementβ), relating to BNY Mellonβs provision of services to the Fund and its series (each a βSeriesβ). |
B. | The parties desire to amend the Agreement as set forth herein. |
TERMS:
The parties hereby agree that:
1.Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β The first sentence of Section 17 of the Agreement is hereby amended as follows:
The Bank shall be held to a standard of reasonable care in carrying out its duties under this Agreement; provided, however, that the Bank shall be held to any higher standard of care that is imposed upon the Bank by any applicable law or regulation, as if such above-stated higher standard of reasonable care were part of this Agreement.
2.Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Section 29 of the Agreement is hereby amended as follows.
(a) | Audits. At least annually, the Bank shall, upon the Fundβs request, provide the Fund with the results of its latest SSAE-18 or equivalent control audit prepared by the Bankβs external auditors. In addition, the Bank shall participate, no more than once every 12 months, in the Fundβs reasonable information security questionnaire process. |
(b) | Information Security Program. The Bank shall maintain an information security program consistent in all material respects with applicable prevailing industry practices and standards. Such program shall include written policies and procedures designed to protect the confidentiality and integrity of the Fundβs sensitive information, including non-public personal information (as defined under the Xxxxx-Xxxxx-Xxxxxx Act (the βGLBAβ)) of the Fundβs clients, and containing administrative, technical and physical safeguards, appropriate to the type of information concerned, designed to: (i) maintain the security and confidentiality of such information; (ii) protect against any anticipated threats or hazards to the security or integrity of such information; (iii) protect against accidental, unauthorized, unauthenticated, or unlawful access to or use of such information; (iv) guard against the transmission of any harmful code/devices to the Fundβs or its agentsβ or service providersβ computers, networks, systems, software or hardware; (v) ensure that all patches, new release levels, new versions or new modifications of software and operating systems used on equipment that is used to transmit, store, or process Confidential Information (as defined below) are installed in accordance with the Bankβs internal policies; and (vi) ensure appropriate disposal of such information (βInformation/Cyber Security Policiesβ). The Bank shall monitor and periodically review (at least annually) the Information/Cyber Security Policies. The Bank shall also: (i) conduct appropriate vulnerability management testing, including penetration testing, according to its internal schedule; (ii) maintain appropriate physical security of its premises; (iii) undertake background checks during the recruitment process, subject to applicable laws, and require employee training, and undertake to ensure that employees providing services with respect to this Agreement have appropriate access to the Bankβs applications on a βleast privilegeβ basis, all as appropriate to the employeeβs responsibilities; (iv) maintain an access control process that allows the Bank to promptly disable the access of any unauthorized or no longer authorized person, transmits authentication credentials in a reasonably secure manner, and requires multi-factor authentication for remote access; (v) implement a data loss prevention program reasonably designed to identify, detect, monitor and document βhighly confidentialβ information (as defined in the Bankβs data classification processes) leaving the Bankβs control without authorization; (vi) cause any Confidential Information stored on a portable device or transmitted over a public network to be encrypted in a commercially reasonable manner; and (vii) require any portable devices containing Confidential Information to be safeguarded against theft. As information security is a highly dynamic space (where laws, regulations and threats are constantly changing), the Bank reserves the right to make changes to its Information/Cyber Security Policies at any time and at the sole discretion of the Bank in a manner that it reasonably believes does not materially reduce the protection it applies to the Fundβs Confidential Information. |
(c) | Audit Reports. The Bank shall, upon the Fundβs request, provide the Fund with the results of its latest SSAE-18 or equivalent control audit prepared by the Bankβs external auditors. In addition and no more than annually, the Bank will participate in the Fundβs reasonable information security questionnaire processes. |
(d) | Fund Confidential Information. All Fund documents, materials, data and other information, whether oral, written, electronic or in another form, and whether stored in hard copy, on computer disc, electronically or in another media, to which the Bank is given access, which is provided to or made available to the Bank, or which the Bank (or its personnel) views or otherwise obtains in connection with the services or this Agreement is referred to hereinafter as βConfidential Information.β Without limiting the foregoing, Confidential Information shall include (i) all technology, know-how, processes, software, databases, patents, copyrights, trademarks, trade secrets, trade names, service marks, other intellectual property or proprietary rights, contracts, and other proprietary information; business plans, technical secrets, technical information relating to systems and infrastructure, methodologies, and know-how, (iv) investment products, product descriptions, investment management strategies, capabilities, methodologies, models, processes, theories, portfolio holdings, and other related investment management information, (v) business strategies, operating data, organizational and cost structures, pricing information, and financial information, including, without limitation, budgets, earnings, financial statements, and other financial related information, (vi) any other information of a confidential or proprietary nature not generally known to the public such as including regulatory affairs, compliance matters, and pending or threatened litigation. Moreover, without limiting the foregoing, and for the avoidance of doubt, Confidential Information also includes information of any subsidiary or affiliate of the Fund. Finally, without limiting the foregoing, and for the avoidance of doubt, Confidential Information of the Fund also includes nonpublic personal information and consumer information (as those terms are defined in the GLBA, Fair Credit Reporting Act, Fair and Accurate Credit Transactions Act, and any implementing regulations or guidelines adopted thereunder that the Bank (or the Bankβs personnel) views, obtains or has access to of an existing or former shareholder of the Fund. |
(e) | Use of Confidential Information. The Bank may use Confidential Information only as necessary in connection with the performance of, including shared services in support of, the obligations under this Agreement, as expressly permitted or required under applicable laws, or as expressly allowed under Section 29(f) below. The Bank shall keep the Confidential Information confidential and not disclose it to any third party except to vendors utilized to provide or support the Bankβs service offerings to the extent permitted under this Agreement or applicable laws or with the Fundβs prior written consent, and apply to such Confidential Information at least the same level of protection as the Bank applies to its own confidential information and as required under this Agreement. All Confidential Information shall remain the exclusive property of the Fund. The Bank shall restrict access to the Confidential Information to those Bank personnel, legal counsel, auditors, accountants and other third parties providing shared services, who have a need to know the specific Confidential Information in connection with the performance of, including shared services in support of, the obligations under this Agreement (βPermitted Personnelβ). The Bank will be responsible for the compliance of the Bankβs Permitted Personnel with this Section 29. |
(f) | Other Permitted Disclosures. Notwithstanding the restrictions set out in this Section 29: the Bank may disclose Confidential Information pursuant to a requirement or request of a governmental agency with jurisdiction over the Bank (or its personnel) or pursuant to a court or administrative subpoena, order or other such legal process or requirement of law, or in defense of any claims or causes of action asserted against it; provided, however, that the Bank shall (i) first notify the Fund of such request or requirement or use in defense of a claim, unless such notice is prohibited by applicable laws, including to afford the Fund the opportunity to seek to prevent such disclosure or use, (ii) attempt to obtain the Fundβs consent to such disclosure or use, in the event consent is not given, to the extent practicable, agree to permit a motion to quash, or other similar procedural step, to frustrate the disclosure or use of such Confidential Information, (iv) seek to secure the protection and confidentiality of any such Confidential Information before it is disclosed or used, and (v) disclose only that portion of such Confidential Information as is necessary or required. Nothing preceding this sentence in this Section 29(f) shall require the Bank to fail to honor a subpoena, court or administrative order, or any similar binding requirement on a timely basis. Also notwithstanding the restrictions set out in this Section 29, The Bank of New York Mellon Corporation is a global financial organization that provides services to clients through its affiliates and subsidiaries in multiple jurisdictions (the βBNY Mellon Groupβ). The BNY Mellon Group may centralize functions including audit, accounting, risk, legal, compliance, sales, administration, product communication, relationship management, storage, compilation and analysis of customer-related data, and other functions (the βCentralized Functionsβ) in one or more affiliates, subsidiaries and third-party service providers. Solely in connection with the Centralized Functions, (i) the Fund consents to the disclosure of and authorizes BNY Mellon to disclose information regarding the Fund (βCustomer-Related Dataβ) to the BNY Mellon Group and to its third-party service providers who are subject to confidentiality obligations with respect to such information and (ii) BNY Mellon may store the names and business contact information of the Fundβs employees and representatives on the systems or in the records of the BNY Mellon Group or its service providers. The BNY Mellon Group may aggregate Customer-Related Data with other data collected and/or calculated by the BNY Mellon Group, and notwithstanding anything in this Agreement to the contrary the BNY Mellon Group will own all such aggregated data, provided that the BNY Mellon Group shall not distribute the aggregated data in a format that identifies Customer-Related Data with the Fund. The Fund confirms that it is authorized to consent to the foregoing and that the disclosure and storage of information in connection with the Centralized Functions does not violate any relevant data protection legislation. |
(g) | Destruction of Confidential Information. The Bank shall return to the Fund, or on the Fundβs request, destroy (and certify destruction to the Fund of), any Confidential Information in the Bankβs possession or control that is not necessary for providing the services or that is no longer being utilized. Notwithstanding the above, the Bank shall be allowed to maintain copies required for regulatory and backup record retention purposes subject to the terms and conditions hereunder applicable to Confidential Information. For the avoidance of doubt, the obligations of the Bank under Section 29(d) shall survive the termination of this Agreement. |
(h) | Security Incidents. The Bank will notify the Fund promptly after investigation and confirmation of any actual (i) privacy breach of non-public personal information, as defined under the GLBA, of the Fundβs customers that requires notification to affected individuals under state breach notification laws or (ii) loss or unauthorized disclosure, alteration or destruction of the Fundβs account holdings or transaction information (βSecurity Incidentβ) maintained on the Bankβs Systems. In any notification required under this Section, the Bank will designate a single individual employed by the Bank who will be available to the Fund 24-hours per day, 7-days per week as a contact regarding the Bankβs obligations under this Section 29(h). In the event of a Security Incident, after providing the notice to the Fund contemplated above, the Bank shall: (i) keep the Fund reasonably informed as to the progress of its investigation and response to the Security Incident; and (ii) provide reasonable assistance to the Fund in its compliance with any breach notification requirements required under applicable law. The Fund shall not include a reference to the Bank in any regulatory, public or other statement or notification in connection with any Security Incident without the Bankβs prior written consent, which shall not be unreasonably withheld or delayed. Provided the Fund obtains the Bankβs prior written consent with respect to each separate Security Incident and with respect to each separate entity with which information is shared, the Fund may share information provided by the Bank pursuant to this Section 29(h) with third party anti-virus or information security working groups, organizations, companies or other professionals for the purpose of identifying, analyzing, confirming, cleaning, preventing or otherwise assessing and handling any actual, probable or suspected Security Incidents, exposure to harmful code or viruses, or other cyber-threats. |
(i) | Business Continuity. The Bank shall have a commercially reasonable written business continuity plan that complies with applicable laws and is designed to ensure the Bankβs ability to perform its ongoing obligations under this Agreement (βBusiness Continuity Planβ). The Bank will notify the Fund as soon as reasonably practicable of any actual, probable or reasonably suspected disruption, interruption, impairment or failure (βBusiness Continuity Eventβ) of the Bankβs systems used to provide the services under this Agreement (βSystemsβ). In addition, and for the avoidance of doubt, the Bank shall (and shall cause its personnel to) implement, maintain, monitor and periodically test (at least annually) a Business Continuity Plan that complies with applicable laws and applicable industry standards. As part of its Business Continuity Plan, the Bank shall ensure that: (i) back-up systems at the Bank and its personnel are in place and operational at all times with respect to the Systems; (ii) specific contingency plans are in place to address a failure of the Systems; (iii) alternate procedures necessary for the provision of the services under this Agreement, and maintenance of the confidentiality and integrity of Confidential Information, are identified and capable of being substituted within 24 hours after any Business Continuity Event occurs; (iv) procedures are in place designed to provide that all services can be provided in accordance with this Agreement within 24 hours after any Business Continuity Event occurs; and (v) if requested by the Fund, a representative of the Bank shall be on-site at the Fund for the duration of any Business Continuity Event. |
3. | Miscellaneous. |
(a) | Capitalized terms not defined in this Amendment shall have the same meanings as in the Agreement. In the event of a conflict between the terms hereof and the Agreement, this Amendment shall control. |
(b) | As hereby amended and supplemented, the Agreement shall remain in full force and effect. |
(c) | The Agreement, as amended hereby, constitutes the complete understanding and agreement of the parties with respect to the subject matter hereof and supersedes all prior communications with respect thereto. |
(d) | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. The facsimile signature of any party to this Amendment shall constitute the valid and binding execution hereof by such party. |
(e) | This Amendment shall be governed by the laws of the State of New York, without regard to its principles of conflicts of laws. |
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers designated below on the date and year first above written.
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On behalf of each
of the registered investment
companies identified on
Schedule I attached to the Agreement
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By: Β
Name:
Title:
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THE BANK OF NEW YORK MELLON
By: Β
Name:
Title:
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EXHIBIT 1
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N-PORT Services
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Portfolio Name | ID, Cusip or Ticker Symbol |
Federated Absolute Return Fund | 314172743 |
Federated Absolute Return Fund | 314172735 |
Federated Absolute Return Fund | 314172727 |
Federated Absolute Return Fund | 314172453 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Intermediate Municipal Trust | 458810108 |
Federated Intermediate Municipal Trust | 458810603 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated International Bond Strategy Portfolio | 00000X000 |
Federated International Dividend Strategy Portfolio | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Strategic Value Dividend Fund | 314172388 |
Federated International Strategic Value Dividend Fund | 314172370 |
Federated International Strategic Value Dividend Fund | 314172362 |
Federated International Strategic Value Dividend Fund | 00000X000 |
Federated MDT Large Cap Value Fund | 314209206 |
Federated MDT Large Cap Value Fund | 314209701 |
Federated MDT Large Cap Value Fund | 314209800 |
Federated MDT Large Cap Value Fund | 314209602 |
Federated MDT Large Cap Value Fund | 314209305 |
Federated MDT Large Cap Value Fund | 314209404 |
Federated MDT Large Cap Value Fund | 314209503 |
Federated Michigan Intermediate Municipal Trust | 313923302 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Municipal High Yield Advantage Fund | 313923864 |
Federated Municipal High Yield Advantage Fund | 313923856 |
Federated Municipal High Yield Advantage Fund | 313923849 |
Federated Municipal High Yield Advantage Fund | 313923831 |
Federated Municipal High Yield Advantage Fund | 313923815 |
Federated Municipal Bond Fund, Inc. | 313913105 |
Federated Municipal Bond Fund, Inc. | 313913204 |
Federated Municipal Bond Fund, Inc. | 313913303 |
Federated Municipal Bond Fund, Inc. | 313913402 |
Federated Municipal Bond Fund, Inc. | 313913600 |
Federated Municipal Ultrashort Fund | 00000X000 |
Federated Municipal Ultrashort Fund | 00000X000 |
Federated Ohio Municipal Income Fund | 313923823 |
Federated Ohio Municipal Income Fund | 313923609 |
Federated Pennsylvania Municipal Income Fund | 313923708 |
Federated Pennsylvania Municipal Income Fund | 313923807 |
Federated Premier Municipal Income FundΒ | 00000X000 |
Federated Short-Intermediate Duration Municipal Trust | 313907305 |
Federated Short-Intermediate Duration Municipal Trust | 313907107 |
Federated Short-Intermediate Duration Municipal Trust | 313907206 |
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N-CEN Services
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Portfolio Name | ID, Cusip or Ticker Symbol and Fund |
Federated Absolute Return Fund | 314172743 |
Federated Absolute Return Fund | 314172735 |
Federated Absolute Return Fund | 314172727 |
Federated Absolute Return Fund | 314172453 |
Federated Capital Reserves Fund | 608919304 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Emerging Market Debt Fund | 00000X000 |
Federated Government Obligations Tax-Managed Fund | 00000X000 |
Federated Government Obligations Tax-Managed Fund | 00000X000 |
Federated Government Obligations Tax-Managed Fund | 608919494 |
Federated Government Reserves Fund | 608919205 |
Federated Government Reserves Fund | 608919544 |
Federated Government Reserves Fund | 608919536 |
Federated Government Reserves Fund | 608919528 |
Federated Government Reserves Fund | 908919510 |
Federated Intermediate Municipal Trust | 458810108 |
Federated Intermediate Municipal Trust | 458810603 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Strategic Value Dividend Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated Global Total Return Bond Fund | 00000X000 |
Federated International Bond Strategy Portfolio | 00000X000 |
Federated International Dividend Strategy Portfolio | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Leaders Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Small-Mid Company Fund | 00000X000 |
Federated International Strategic Value Dividend Fund | 314172388 |
Federated International Strategic Value Dividend Fund | 314172370 |
Federated International Strategic Value Dividend Fund | 314172362 |
Federated International Strategic Value Dividend Fund | 00000X000 |
Federated MDT Large Cap Value Fund | 314209206 |
Federated MDT Large Cap Value Fund | 314209701 |
Federated MDT Large Cap Value Fund | 314209800 |
Federated MDT Large Cap Value Fund | 314209602 |
Federated MDT Large Cap Value Fund | 314209305 |
Federated MDT Large Cap Value Fund | 314209404 |
Federated MDT Large Cap Value Fund | 314209503 |
Federated Michigan Intermediate Municipal Trust | 313923302 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Muni and Stock Advantage Fund | 00000X000 |
Federated Municipal High Yield Advantage Fund | 313923864 |
Federated Municipal High Yield Advantage Fund | 313923856 |
Federated Municipal High Yield Advantage Fund | 313923849 |
Federated Municipal High Yield Advantage Fund | 313923831 |
Federated Municipal High Yield Advantage Fund | 313923815 |
Federated Municipal Bond Fund, Inc. | 313913105 |
Federated Municipal Bond Fund, Inc. | 313913204 |
Federated Municipal Bond Fund, Inc. | 313913303 |
Federated Municipal Bond Fund, Inc. | 313913402 |
Federated Municipal Bond Fund, Inc. | 313913600 |
Federated Municipal Ultrashort Fund | 00000X000 |
Federated Municipal Ultrashort Fund | 00000X000 |
Federated Ohio Municipal Income Fund | 313923823 |
Federated Ohio Municipal Income Fund | 313923609 |
Federated Pennsylvania Municipal Income Fund | 313923708 |
Federated Pennsylvania Municipal Income Fund | 313923807 |
Federated Premier Municipal Income FundΒ | 00000X000 |
Federated Short-Intermediate Duration Municipal Trust | 313907305 |
Federated Short-Intermediate Duration Municipal Trust | 313907107 |
Federated Short-Intermediate Duration Municipal Trust | 313907206 |
Federated U.S. Treasury Cash Reserves | 00000X000 |
Federated U.S. Treasury Cash Reserves | 00000X000 |
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