FIRST AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
FIRST AMENDMENT TO THE
THIS FIRST AMENDMENT dated as of the 13th day of September, 2019, to the Investment Advisory Agreement, dated as of January 31, 2018 (the “Agreement”), is entered into by and
between Managed Portfolio Series, a Delaware statutory trust (“Trust”) and Tortoise Capital Advisors, L.L.C., a Delaware limited liability company (the “Adviser”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the Agreement to incorporate two newly created series of the Trust; and
WHEREAS, Section 10 of the Agreement allows for its amendment by a written instrument executed by all of the parties.
NOW, THEREFORE, the parties agree to amend and restate Schedule A as attached hereto, to add the Tortoise MLP & Energy Income Fund and the Tortoise MLP & Energy
Infrastructure Fund as new series of the Trust.
Except to the extent amended hereby, the Agreement shall remain in full force and effect
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed by a duly authorized officer, as applicable, on one or more counterparts as of the date set
forth above.
MANAGED PORTFOLIO SERIES: |
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By:
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/s/ Xxxxx X. Xxxxxxxxx | |
Xxxxx X. Xxxxxxxxx
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President and Principal Executive Officer
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TORTOISE CAPITAL ADVISORS, L.L.C. |
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By:
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/s/ P. Xxxxxxx Xxxxx |
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P. Xxxxxxx Xxxxx |
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Managing Director |
SCHEDULE A
FUNDS AND FEES
Series of Managed Portfolio Series
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Annual Fee Rate as % of
Current Net Assets
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Tortoise MLP & Pipeline Fund
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0.85%
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Tortoise Select Opportunity Fund
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0.85%
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Tortoise MLP & Energy Income Fund
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1.00%
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Tortoise MLP & Energy Infrastructure Fund
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0.75%
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