TWENTY-EIGHTH AMENDMENT TO AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Exhibit x.0.xx
TWENTY-EIGHTH AMENDMENT
TO AMENDED AND RESTATED
THIS AMENDMENT effective as of the 14th day of June 2021, amends that certain Amended and Restated Investment Advisory Agreement dated as of November 20, 2002, and amended as of June 8, 2006, June 27, 2007, September 24, 2007, January 31, 2008, October 1, 2008, March 2, 2009, May 29, 2009, September 29, 2009, January 1, 2010, June 30, 2010, September 14, 2010, January 1, 2011, March 15, 2011, February 6, 2012, August 28, 2012, December 18, 2012, June 10, 2013, December 18, 2013, November 13, 2014, January 6, 2015, March 19, 2015, May 11, 2015, February 8, 2016, January 9, 2017, January 1, 2018, September 30, 2019 and December 1, 2020 (the “Agreement”), by and between Virtus Opportunities Trust, a Delaware statutory trust (the “Trust”), and Virtus Investment Advisers, Inc., a Massachusetts corporation (the “Adviser”), as follows:
| 1. | Virtus Developing Market Fund will become a series of the Trust (the “New Series”). |
| 2. | Schedule A is hereby deleted and Schedule A attached hereto is substituted in its place to reflect the addition of the New Series to the Agreement. |
| 3. | Except as expressly amended hereby, all provisions of the Agreement shall remain in full force and effect and are unchanged in all other respects. All initial capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Agreement, as amended. |
| 4. | This Agreement may be executed in any number of counterparts (including counterparts executed and/or delivered electronically) with the same effect as if all signing parties had originally signed the same document, and all counterparts shall be construed together and shall constitute the same instrument. For all purposes, electronic signatures and signatures delivered and exchanged electronically shall be binding and effective to the same extent as original signatures. |
[signature page follows]
IN WITNESS WHEREOF, the parties hereto intending to be legally bound have caused this Agreement to be executed by their duly authorized officers of other representatives.
| VIRTUS OPPORTUNITIES TRUST | |||
| By: | /s/ W. Xxxxxxx Xxxxxxx | ||
| Name: | W. Xxxxxxx Xxxxxxx | ||
| Title: | Executive Vice President, Chief Financial Officer & Treasurer | ||
| VIRTUS INVESTMENT ADVISERS, INC. | |||
| By: | /s/ Xxxxxxx X. Xxxxx | ||
| Name: | Xxxxxxx X. Xxxxx | ||
| Title: | Executive Vice President | ||
SCHEDULE A
| Series | Investment Advisory Fee |
| Xxxxxx Xxxx & Xxxxxx Real Asset Fund | 0.00% |
| 1st $1 Billion | $1+
Billion $2 Billion |
$2+ Billion | |
| Xxxxxx Xxxx & Xxxxxx Global Infrastructure Fund | 0.65% | 0.60% | 0.55% |
| Xxxxxx Xxxx & Xxxxxx Global Real Estate Securities Fund | 0.85% | 0.80% | 0.75% |
| Xxxxxx Xxxx & Xxxxxx International Real Estate Securities Fund | 1.00% | 0.95% | 0.90% |
| Xxxxxx Xxxx & Xxxxxx Real Estate Securities Fund | 0.75% | 0.70% | 0.65% |
| Virtus Newfleet High Yield Fund | 0.55% | 0.50% | 0.45% |
| Virtus Newfleet Multi-Sector Intermediate Bond Fund | 0.55% | 0.50% | 0.45% |
| Xxxxxx Xxxxxxxx Global Opportunities Fund | 0.85% | 0.80% | 0.75% |
| 1st $2 Billion | $2+
Billion $4 Billion |
$4+ Billion | |
| Virtus Newfleet Senior Floating Rate Fund | 0.45% | 0.40% | 0.38% |
| Xxxxxx Xxxxxxxx Foreign Opportunities Fund | 0.85% | 0.80% | 0.75% |
| 1st $1 Billion | $1+ Billion | ||
| Virtus KAR Developing Markets Fund | 1.00% | 0.95% | |
| Virtus KAR Emerging Markets Small-Cap Fund | 1.20% | 1.15% | |
| Virtus KAR International Small-Cap Fund | 1.00% | 0.95% | |
| Virtus KAR International Small-Mid Cap Fund | 0.90% | 0.85% | |
| Virtus Newfleet Core Plus Bond Fund | 0.45% | 0.40% | |
| Xxxxxx Xxxxxxxx Greater European Opportunities Fund | 0.85% | 0.80% | |
| 1st $1 Billion | $1+
Billion $2 Billion |
$2+
Billion through $10 billion |
$10+ Billion | |
| Virtus Newfleet Multi-Sector Short Term Bond Fund | 0.55% | 0.50% | 0.45% | 0.425% |
