EX-99.(D)(2)
SCHEDULE A
FEE AND EXPENSE AGREEMENT
XXXXX FARGO FUNDS TRUST
(CAPPED OPERATING EXPENSE RATIOS)
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
ADJUSTABLE RATE GOVERNMENT FUND+/-/1/
Class A 0.74% 3 Years After
Class B 1.49% Implementation Date (all
Class C 1.49% Classes)
Institutional Class 0.49%
AGGRESSIVE ALLOCATION FUND/2/
Administrator Class 1.00% No Changes January 31, 2011
ASIA PACIFIC FUND/3/
Class A 1.60% No Changes January 31, 2011
Class C 2.35% January 31, 2011
Investor Class 1.65% January 31, 2011
ASSET ALLOCATION FUND+/-
Class A 0.87% 3 Years After
Class B 1.62% Implementation Date (all
Class C 1.62% Classes)
Administrator Class 0.64%
Class R 1.12%
----------
* On January 11, 2010, the Boards of Trustees of Xxxxx Fargo Funds Trust were
notified of decreases to the capped operating expense ratios for certain
Funds. Such decreases are scheduled to become effective concurrently with
the earliest of any closing of the Reorganization with the Evergreen family
of funds, currently July 9, 2010 (Implementation Date). The
expiration/renewal date for all classes of the survivor Funds involved in
the Reorganization will continue for a period of three years after the
Implementation Date. For those Funds not involved in the Reorganization,
the expiration/renewal date of the commitment will continue through the
dates of each Fund's next annual prospectus update.
+/- In connection with the reorganization with the Evergreen family of funds,
on December 18, 2009 and January 11, 2010, the Board of Trustees of Xxxxx
Fargo Funds Trust approved the establishment of new Xxxxx Fargo Advantage
shell funds to become effective on July 9, 2010 (fixed income and money
markets) and July 16, 2010 (equity and international funds).
/1/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Adjustable Rate
Government Fund with a capped net operating expense ratio of 0.60%,
effective on or about July 30, 2010.
/2/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Aggressive Allocation Fund into the Growth
Balanced Fund. Subject to receipt of shareholder approval, the merger will
become effective on July 16, 2010.
/3/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class and Institutional Class shares
to the Asia Pacific Fund with a capped net operating expense ratio of 1.40%
and 1.25%, respectively, effective on or about July 30, 2010.
A-1
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
C&B LARGE CAP VALUE FUND
Class A 1.15% January 31, 2011
Class B 1.90% January 31, 2011
Class C 1.90% No Changes January 31, 2011
Administrator Class 0.95% January 31, 2011
Institutional Class 0.70% January 31, 2011
Investor Class 1.20% January 31, 2011
C&B MID CAP VALUE FUND
Class A 1.20% February 28, 2011
Class B 1.95% February 28, 2011
Class C 1.95% No Changes February 28, 2011
Administrator Class 1.15% February 28, 2011
Institutional Class 0.90% February 28, 2011
Investor Class 1.25% February 28, 2011
CALIFORNIA LIMITED-TERM TAX-FREE FUND
Class A 0.85% 0.80% October 31, 2010
Class C 1.60% 1.55% October 31, 2010
Administrator Class 0.60% 0.60% October 31, 2010
CALIFORNIA TAX-FREE FUND
Class A 0.80% 0.75% 3 Years After
Class B 1.55% 1.50% Implementation Date (all
Class C 1.55% 1.50% Classes)
Administrator Class 0.55% 0.55%
CALIFORNIA MUNICIPAL MONEY MARKET FUND/4/
Class A 0.65% June 30, 2010
Institutional Class 0.20% No Changes June 30, 2010
Service Class 0.45% June 30, 2010
CALIFORNIA MUNICIPAL MONEY MARKET TRUST 0.20% No Changes June 30, 2010
CAPITAL GROWTH FUND
Class A 1.25% 1.20% 3 Years After
Class C 2.00% 1.95% Implementation Date (all
Administrator Class 0.94% 0.94% Classes)
Institutional Class 0.75% 0.70%
Investor Class 1.35% 1.27%
----------
/4/ On December 18, 2009, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Sweep Class shares to the California Municipal
Money Market Fund with a capped net operating expense ratio of 0.99%,
effective July 1, 2010. In addition, on March 26, 2010, the Board of
Trustees of Xxxxx Fargo Funds Trust approved the addition of Administrator
Class shares to the California Municipal Money Market Fund with a capped
net operating expense ratio of 0.30%, effective on or about July 1, 2010.
A-2
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
CASH INVESTMENT MONEY MARKET FUND
Administrator Class 0.35% No Changes June 30, 2010
Institutional Class 0.20% June 30, 2010
Select Class 0.13% June 30, 2010
Service Class 0.50% June 30, 2010
CLASSIC VALUE FUND+/-/5/
Class A 1.25% 3 Years After
Class B 2.00% Implementation Date (all
Class C 2.00% Classes)
Class R 1.50%
Administrator Class 1.00%
COLORADO TAX-FREE FUND
Class A 0.85% October 31, 2010
Class B 1.60% No Changes October 31, 2010
Class C 1.60% October 31, 2010
Administrator Class 0.60% October 31, 2010
COMMON STOCK FUND/6/
Class A 1.26% February 28, 2011
Class B 2.01% No Changes February 28, 2011
Class C 2.01% February 28, 2011
Investor Class 1.29% February 28, 2011
CONSERVATIVE ALLOCATION FUND
Administrator Class 0.85% No Changes January 31, 2011
CORE EQUITY FUND+/-/7/
Class A 1.25% 3 Years After
Class B 2.00% Implementation Date (all
Class C 2.00% Classes)
Administrator Class 1.00%
DISCIPLINED GLOBAL EQUITY FUND+/-/8/
Class A 1.40% 3 Years After
Class C 2.15% Implementation Date (all
Administrator Class 1.15% Classes)
----------
/5/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Classic Value
Fund with a capped net operating expense ratio of 0.75%, effective on or
about July 30, 2010.
/6/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class and Institutional Class shares
to the Common Stock Fund with a capped net operating expense ratio of 1.10%
and 0.90%, respectively, effective on or about July 30, 2010.
/7/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Core Equity Fund
with a capped net operating expense ratio of 0.75%, effective on or about
July 30, 2010.
/8/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Disciplined
Global Equity Fund with a capped net operating expense ratio of 0.75%,
effective on or about July 30, 2010.
A-3
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
DISCIPLINED U.S. CORE FUND+/-/9/
Class A 0.92% 3 Years After
Class C 1.67% Implementation Date (all
Administrator Class 0.74% Classes)
DISCIPLINED VALUE FUND+/-/10/
Class A 1.10% 3 Years After
Class C 1.85% Implementation Date (all
Administrator Class 0.85% Classes)
Investor Class 1.17%
DISCOVERY FUND
Class A 1.33% February 28, 2011
Class C 2.08% No Changes February 28, 2011
Administrator Class 1.15% February 28, 2011
Institutional Class 0.95% February 28, 2011
Investor Class 1.38% February 28, 2011
DIVERSIFIED BOND FUND/11/
Administrator Class 0.70% No Changes September 30, 2010
DIVERSIFIED CAPITAL BUILDER FUND+/-/12/
Class A 1.20% 3 Years After
Class B 1.95% Implementation Date (all
Class C 1.95% Classes)
Institutional Class 0.78%
DIVERSIFIED EQUITY FUND
Class A 1.25% January 31, 2011
Class B 2.00% No Changes January 31, 2011
Class C 2.00% January 31, 2011
Administrator Class 1.00% January 31, 2011
DIVERSIFIED INCOME BUILDER FUND+/-/13/
Class A 1.08% 3 Years After
Class B 1.83% Implementation Date (all
Class C 1.83% Classes)
Institutional Class 0.71%
----------
/9/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Disciplined U.S.
Core Fund with a capped net operating expense ratio of 0.48%, effective on
or about July 30, 2010.
/10/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Disciplined
Value Fund with a capped net operating expense ratio of 0.65%, effective on
or about July 30, 2010.
/11/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Diversified Bond Fund into the Total Return Bond
Fund. Subject to receipt of shareholder approval, the merger will become
effective on July 9, 2010.
/12/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Diversified
Capital Builder Fund with a capped net operating expense ratio of 0.95%,
effective on or about July 30, 2010.
A-4
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
DIVERSIFIED INTERNATIONAL FUND
Class A 1.41% January 31, 2011
Class B 2.16% January 31, 2011
Class C 2.16% No Changes January 31, 2011
Administrator Class 1.25% January 31, 2011
Institutional Class 0.99% January 31, 2011
Investor Class 1.46% January 31, 2011
DIVERSIFIED SMALL CAP FUND
Administrator Class 1.00% No Changes January 31, 2011
EMERGING GROWTH FUND
Class A 1.45% January 31, 2011
Class C 2.20% No Changes January 31, 2011
Administrator Class 1.20% January 31, 2011
Institutional Class 0.95% January 31, 2011
Investor Class 1.49% January 31, 2011
EMERGING MARKETS EQUITY FUND/14/
Class A 1.90% January 31, 2011
Class B 2.65% No Changes January 31, 2011
Class C 2.65% January 31, 2011
Administrator Class 1.60% January 31, 2011
EMERGING MARKETS EQUITY FUND II/15/
Class A 1.87% 3 Years After
Class B 2.62% Implementation Date (all
Class C 2.62% Classes)
Administrator Class 1.60%
ENDEAVOR SELECT FUND
Class A 1.25% November 30, 2010
Class B 2.00% No Changes November 30, 2010
Class C 2.00% November 30, 2010
Administrator Class 1.00% November 30, 2010
Institutional Class 0.80% November 30, 2010
----------
/13/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Diversified
Income Builder Fund with a capped net operating expense ratio of 0.90%,
effective on or about July 30, 2010.
/14/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Emerging Markets Equity Fund to the Emerging
Markets Equity Fund II. Subject to receipt of shareholder approval, the
merger will become effective on July 16, 2010.
/15/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the establishment of the Emerging Markets Equity Fund II (shell
fund/ and the merger of the Emerging Markets Equity Fund into the shell
fund. Subject to receipt of shareholder approval, the merger will become
effective on July 16, 2010. At that time, the shell fund will change its
name to the Emerging Markets Equity Fund. In addition, on March 26, 2010,
the Board of Trustees of Xxxxx Fargo Funds Trust approved the addition of
Institutional Class shares to the Emerging Markets Equity Fund II with a
capped net operating expense ratio of 1.36%, effective on or about July 30,
2010.
A-5
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
ENTERPRISE FUND
Class A 1.35% 1.30% February 28, 2011
Class C 2.10% 2.05% February 28, 2011
Administrator Class 1.15% 1.15% February 28, 2011
Institutional Class 0.90% 0.90% February 28, 2011
Investor Class 1.45% 1.37% February 28, 2011
EQUITY INCOME FUND/16/
Class A 1.10% January 31, 2011
Class B 1.85% No Changes January 31, 2011
Class C 1.85% January 31, 2011
Administrator Class 0.85% January 31, 2011
EQUITY VALUE FUND
Class A 1.25% January 31, 2011
Class B 2.00% No Changes January 31, 2011
Class C 2.00% January 31, 2011
Administrator Class 1.00% January 31, 2011
Institutional Class 0.75% January 31, 2011
GLOBAL OPPORTUNITIES FUND+/-/17/
Class A 1.58% 3 Years After
Class B 2.33% Implementation Date (all
Class C 2.33% Classes)
Administrator Class 1.40%
GOVERNMENT MONEY MARKET FUND/18/
Class A 0.65% June 30, 2010
Administrator Class 0.35% No Changes June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.50% June 30, 2010
GOVERNMENT SECURITIES FUND
Class A 0.90% 0.89% 3 Years After
Class B 1.65% 1.64% Implementation Date (all
Class C 1.65% 1.64% Classes)
Administrator Class 0.70% 0.64%
Institutional Class 0.48% 0.48%
Investor Class 0.95% 0.92%
----------
/16/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Equity Income Fund into the Disciplined Value
Fund. Subject to receipt of shareholder approval, the merger will become
effective on July 16, 2010.
/17/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Global
Opportunities Fund with a capped net operating expense ratio of 1.15%,
effective on or about July 30, 2010.
/18/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Sweep Class shares to the Government Money Market
Fund with a capped operating expense ratio of 0.97%, effective July 1,
2010.
A-6
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
GROWTH FUND
Class A 1.30% 1.30% November 30, 2010
Class C 2.05% 2.05% November 30, 2010
Administrator Class 0.96% 0.96% November 30, 2010
Institutional Class 0.80% 0.80% November 30, 2010
Investor Class 1.40% 1.37% November 30, 2010
GROWTH BALANCED FUND
Class A 1.20% January 31, 2011
Class B 1.95% No Changes January 31, 2011
Class C 1.95% January 31, 2011
Administrator Class 0.95% January 31, 2011
GROWTH EQUITY FUND/19/
Class A 1.50% January 31, 2011
Class B 2.25% No Changes January 31, 2011
Class C 2.25% January 31, 2011
Administrator Class 1.25% January 31, 2011
Institutional Class 1.05% January 31, 2011
GROWTH OPPORTUNITIES FUND+/-/20/
Class A 1.22% 3 Years After
Institutional Class 0.90% Implementation Date (all
Classes)
HEALTH CARE FUND+/-
Class A 1.46% 3 Years After
Class B 2.21% Implementation Date (all
Class C 2.21% Classes)
Administrator Class 1.23%
HERITAGE MONEY MARKET FUND/21/
Administrator Class 0.35% No Changes June 30, 2010
Institutional Class 0.20% June 30, 2010
Select Class 0.13% June 30, 2010
HIGH INCOME FUND/22/
Class A 0.90% 0.90% 3 Years After
Class B 1.65% 1.65% Implementation Date (all
Class C 1.65% 1.65% Classes)
Institutional Class 0.50% 0.50%
Investor Class 0.95% 0.93%
----------
/19/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Growth Equity Fund into the Diversified Equity
Fund. Subject to receipt of shareholder approval, the merger will become
effective on July 16, 2010 and the Institutional Class shares will merge
into the Administrator Class.
/20/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class C and Administrator Class shares to the
Growth Opportunities Fund with a capped net operating expense ratio of
0.97% and 1.15%, respectively, effective on or about July 30, 2010.
/21/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Service Class shares to the Heritage Money Market
Fund with a capped operating expense ration of 0.43%, effective July 1,
2010.
A-7
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
HIGH YIELD BOND FUND+/-
Class A 1.03% 3 Years After
Class B 1.78% Implementation Date (all
Class C 1.78% Classes)
Administrator Class 0.80%
INCOME PLUS FUND/23/
Class A 0.90% 0.90% 3 Years After
Class B 1.65% 1.65% Implementation Date (all
Class C 1.65% 1.65% Classes)
Institutional Class 0.61% 0.61%
Investor Class 0.94% 0.93%
INDEX ASSET ALLOCATION FUND
Class A 1.15% No Changes January 31, 2011
Class B 1.90% January 31, 2011
Class C 1.90% January 31, 2011
Administrator Class 0.90% January 31, 2011
INDEX FUND/24/
Class A 0.62% 0.56% 3 Years After
Class B 1.37% 1.31% Implementation Date (all
Administrator Class 0.25% 0.25% Classes)
Investor Class 0.45% 0.45%
INFLATION-PROTECTED BOND FUND
Class A 0.85% September 30, 2010
Class B 1.60% No Changes September 30, 2010
Class C 1.60% September 30, 2010
Administrator Class 0.60% September 30, 2010
INTERMEDIATE TAX/AMT-FREE FUND
Class A 0.70% 0.70% 3 Years After
Class C 1.45% 1.45% Implementation Date (all
Administrator Class 0.60% 0.60% Classes)
Institutional Class 0.42% 0.42%
Investor Class 0.75% 0.73%
INTERNATIONAL BOND FUND+/-/25/
Class A 1.03% 3 Years After
Class B 1.78% Implementation Date (all
Class C 1.78% Classes)
Institutional Class 0.78%
----------
/22/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the High Income Fund
with a capped operating expense ratio of 0.80%, effective on or about
July 30, 2010.
/23/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Income Plus Fund
with a capped operating expense ratio of 0.75%, effective on or about
July 30, 2010.
/24/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class C shares to the Index Fund with a capped net
operating expense ratio of 1.31%, effective July 16, 2010.
A-8
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
INTERNATIONAL CORE FUND/26/
Class A 1.50% January 31, 2011
Class B 2.25% No Changes January 31, 2011
Class C 2.25% January 31, 2011
Administrator Class 1.25% January 31, 2011
INTERNATIONAL VALUE FUND
Class A 1.50% January 31, 2011
Class B 2.25% No Changes January 31, 2011
Class C 2.25% January 31, 2011
Administrator Class 1.25% January 31, 2011
Institutional Class 1.05% January 31, 2011
INTRINSIC VALUE FUND+/-/27/
Class A 1.17% 3 Years After
Class B 1.92% Implementation Date (all
Class C 1.92% Classes)
Institutional Class 0.85%
INTRINSIC WORLD EQUITY FUND+/-/28/
Class A 1.40% 3 Years After
Class C 2.15% Implementation Date (all
Administrator Class 1.15% Classes)
LARGE CAP APPRECIATION FUND/29/
Class A 1.25% January 31, 2011
Class B 2.00% No Changes January 31, 2011
Class C 2.00% January 31, 2011
Administrator Class 1.00% January 31, 2011
Institutional Class 0.70% January 31, 2011
----------
/25/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the International
Bond Fund with a capped operating expense ratio of 0.85%, effective on or
about July 30, 2010.
/26/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the name change of the International Core Fund to the
International Equity Fund and the addition of Class R and Institutional
Class shares with a capped operating expense ratio of 1.34% and 0.94%,
respectively, effective July 16, 2010.
/27/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Intrinsic Value
Fund with a capped operating expense ratio of 0.95%, effective on or about
July 30, 2010.
/28/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Intrinsic World
Equity Fund with a capped operating expense ratio of 0.95%, effective on or
about July 30, 2010.
/29/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Large Cap Appreciation Fund into the Capital
Growth Fund. Subject to receipt of shareholder approval, the merger will
become effective on July 16, 2010.
A-9
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
LARGE CAP CORE FUND+/-
Class A 1.14% 3 Years After
Class C 1.89% Implementation Date (all
Investor Class 1.21% Classes)
Administrator Class 0.90%
Institutional Class 0.66%
LARGE CAP GROWTH FUND/30/
Investor Class 1.19% No Changes November 30, 2010
LARGE COMPANY CORE FUND/31/
Class A 1.14% November 30, 2010
Class B 1.89% November 30, 2010
Class C 1.89% No Changes November 30, 2010
Administrator Class 0.95% November 30, 2010
Investor Class 1.28% November 30, 2010
Institutional Class 0.66% November 30, 2010
LARGE COMPANY GROWTH FUND/32/
Class A 1.20% January 31, 2011
Class B 1.95% January 31, 2011
Class C 1.95% No Changes January 31, 2011
Administrator Class 0.95% January 31, 2011
Institutional Class 0.75% January 31, 2011
Investor Class 1.27% January 31, 2011
LARGE COMPANY VALUE FUND
Class A 1.25% 1.25% November 30, 2010
Class C 2.00% 2.00% November 30, 2010
Administrator Class 0.96% 0.96% November 30, 2010
Institutional Class 0.75% 0.75% November 30, 2010
Investor Class 1.35% 1.32% November 30, 2010
MID CAP DISCIPLINED FUND/33/
Class A 1.25% 1.25% 3 Years After
Class C 2.00% 2.00% Implementation Date (all
Administrator Class 1.15% 1.14% Classes)
Institutional Class 0.90% 0.87%
Investor Class 1.31% 1.31%
----------
/30/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class A, Class C, Administrator Class and
Institutional Class shares to the Large Cap Growth Fund with a capped
operating expense ratio of 1.12%, 1.87%, 0.95% and 0.75%, respectively,
effective on or about July 30, 2010.
/31/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Large Company Core Fund into the Large Cap Core
Fund. Subject to receipt of shareholder approval, the merger will become
effective on July 16, 2010.
/32/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Large Company Growth Fund into the Premier Large
Company Growth Fund. Subject to receipt of shareholder approval, the merger
will become effective on July 16, 2010.
/33/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the name change of the Mid Cap Disciplined Fund to the Special Mid
Cap Value Fund effective July 16, 2010.
A-10
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
MID CAP GROWTH FUND
Class A 1.35% 1.18% 3 Years After
Class B 2.10% 1.93% Implementation Date (all
Class C 2.10% 1.93% Classes)
Administrator Class 1.15% 1.15%
Institutional Class 0.90% 0.85%
Investor Class 1.45% 1.25%
MINNESOTA MONEY MARKET FUND/34/
Class A 0.80% 0.70% June 30, 2010
MINNESOTA TAX-FREE FUND
Class A 0.85% October 31, 2010
Class B 1.60% No Changes October 31, 2010
Class C 1.60% October 31, 2010
Administrator Class 0.60% October 31, 2010
MODERATE BALANCED FUND
Class A 1.15% January 31, 2011
Class B 1.90% No Changes January 31, 2011
Class C 1.90% January 31, 2011
Administrator Class 0.90% January 31, 2011
MONEY MARKET FUND/35/
Class A 0.76% 0.70% 3 Years After
Class B 1.51% 1.45% Implementation Date (all
Investor Class 0.65% 0.65% Classes)
MONEY MARKET TRUST 0.20% No Changes June 30, 2010
MUNICIPAL BOND FUND
Class A 0.75% 0.75% 3 Years After
Class B 1.50% 1.50% Implementation Date (all
Class C 1.50% 1.50% Classes)
Administrator Class 0.60% 0.60%
Institutional Class 0.50% 0.50%
Investor Class 0.80% 0.78%
MUNICIPAL CASH MANAGEMENT MONEY MARKET
FUND+/-/36/
Service Class 0.45% 3 Years After
Institutional Class 0.20% Implementation Date (all
Classes)
----------
/34/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Sweep Class shares to the Minnesota Money Market
Fund with a capped net operating expense ratio of 1.05%, effective July 1,
2010.
/35/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class C, Service Class and Daily Class shares to
the Money Market Fund with capped operating expense ratios of 1.45%, 0.50%
and 1.03%, respectively, effective July 1, 2010.
/36/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Municipal Cash
Management Money Market Fund with a capped operating expense ratio of
0.30%, effective on or about July 1, 2010.
A-11
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
MUNICIPAL MONEY MARKET FUND/37/
Institutional Class 0.20% No Changes June 30, 2010
Investor Class 0.64% June 30, 2010
NATIONAL TAX-FREE MONEY MARKET FUND/38/
Class A 0.65% No Changes June 30, 2010
Administrator Class 0.30% June 30, 2010
Institutional Class 0.20% June 30, 2010
Service Class 0.45% June 30, 2010
NATIONAL TAX-FREE MONEY MARKET TRUST 0.20% No Changes June 30, 2010
NEW JERSEY MUNICIPAL MONEY MARKET FUND+/-
Class A 0.70% 3 Years After
Service Class 0.45% Implementation Date (all
Sweep Class 1.05% Classes)
NEW YORK MUNICIPAL MONEY MARKET FUND+/-
Class A 0.70% 3 Years After
Service Class 0.45% Implementation Date (all
Sweep Class 1.05% Classes)
NORTH CAROLINA TAX-FREE FUND+/-
Class A 0.85% 3 Years After
Class C 1.60% Implementation Date (all
Institutional Class 0.54% Classes)
OMEGA GROWTH FUND+/-/39/
Class A 1.30% 3 Years After
Class B 2.05% Implementation Date (all
Class C 2.05% Classes)
Class R 1.55%
Administrator Class 1.05%
OPPORTUNITY FUND/40/
Class A 1.29% February 28, 2011
Class C 2.04% No Changes February 28, 2011
Administrator Class 1.04% February 28, 2011
Investor Class 1.35% February 28, 2011
----------
/37/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class A, Service Class and Sweep Class shares to
the Municipal Money Market Fund with capped net operating expense ratios of
0.65%, 0.45% and 1.05%, respectively, effective July 1, 2010.
/38/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Sweep Class shares to the National Tax-Free Money
Market Fund with a capped net operating expense ratios of 1.00% effective
July 1, 2010.
/39/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Omega Growth
Fund with a capped net operating expense ratio of 0.80%, effective on or
about July 30, 2010.
A-12
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
OVERLAND EXPRESS SWEEP FUND/41/ 1.08% No Changes June 30, 2010
PENNSYLVANIA MUNICIPAL MONEY MARKET FUND+/-
Class A 0.70% 3 Years After
Service Class 0.45% Implementation Date (all
Sweep Class 1.05% Classes)
PENNSYLVANIA TAX-FREE FUND+/-
Class A 0.74% 3 Years After
Class B 1.49% Implementation Date (all
Class C 1.49% Classes)
Institutional Class 0.49%
PRECIOUS METALS FUND+/-/42/
Class A 1.09% 3 Years After
Class B 1.84% Implementation Date (all
Class C 1.84% Classes)
Institutional Class 0.79%
PREMIER LARGE COMPANY GROWTH FUND+/-
Class A 1.12% 3 Years After
Class B 1.87% Implementation Date (all
Class C 1.87% Classes)
Investor Class 1.19%
Administrator Class 0.95%
Institutional Class 0.75%
PRIME INVESTMENT MONEY MARKET FUND
Institutional Class 0.20% No Changes June 30, 2010
Service Class 0.55% June 30, 2010
SHORT DURATION GOVERNMENT BOND FUND
Class A 0.85% 0.83% September 30, 2010
Class B 1.60% 1.58% September 30, 2010
Class C 1.60% 1.58% September 30, 2010
Administrator Class 0.60% 0.60% September 30, 2010
Institutional Class 0.42% 0.42% September 30, 2010
----------
/40/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Opportunity Fund
with a capped net operating expense ratio of 0.85%, effective on or about
July 30, 2010.
/41/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Overland Express Sweep Fund into the Money
Market Fund effective July 9, 2010.
/42/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Precious Metals
Fund with a capped net operating expense ratio of 0.95%, effective on or
about July 30, 2010.
A-13
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
SHORT-TERM BOND FUND
Class A 0.80% 0.80% September 30, 2010
Class C 1.55% 1.55% September 30, 2010
Institutional Class 0.48% 0.48% September 30, 2010
Investor Class 0.85% 0.83% September 30, 2010
SHORT-TERM HIGH YIELD BOND FUND/43/
Class A 0.81% 0.81% September 30, 2010
Class C 1.56% 1.56% September 30, 2010
Investor Class 0.86% 0.84% September 30, 2010
SHORT-TERM MUNICIPAL BOND FUND/44/
Class A 0.60% 0.60% 3 Years After
Class C 1.35% 1.35% Implementation Date (all
Institutional Class 0.40% 0.40% Classes)
Investor Class 0.66% 0.63%
SMALL CAP DISCIPLINED FUND/45/
Class A 1.45% February 28, 2011
Class C 2.20% No Change February 28, 2011
Administrator Class 1.20% February 28, 2011
Institutional Class 1.00% February 28, 2011
Investor Class 1.49% February 28, 2011
SMALL CAP GROWTH FUND
Class A 1.40% 1.40% February 28, 2011
Class B 2.15% 2.15% February 28, 2011
Class C 2.15% 2.15% February 28, 2011
Administrator Class 1.20% 1.20% February 28, 2011
Institutional Class 0.90% 0.90% February 28, 2011
Investor Class 1.49% 1.47% February 28, 2011
SMALL CAP OPPORTUNITIES FUND
Administrator Class 1.20% No Changes February 28, 2011
SMALL CAP VALUE FUND/46/
Class A 1.44% 1.30% February 28, 2011
Class B 2.19% 2.05% February 28, 2011
Class C 2.19% 2.05% February 28, 2011
Institutional Class 0.95% 0.95% February 28, 2011
Investor Class 1.36% 1.33% February 28, 2011
/43/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Short-Term High
Yield Bond Fund with a capped net operating expense ratio of 0.65%,
effective on or about July 30, 2010.
/44/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Short-Term
Municipal Bond Fund with a capped net operating expense ratio of 0.60%,
effective on or about July 30, 2010.
/45/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved a sub-adviser change and name change to the Small Cap Disciplined
Fund. Subject to receipt of shareholder approval of the new sub-adviser,
the fund name will change to the Intrinsic Small Cap Value Fund, effective
June 1, 2010.
A-14
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
SMALL COMPANY GROWTH FUND
Class A 1.45% January 31, 2011
Class B 2.20% No Changes January 31, 2011
Class C 2.20% January 31, 2011
Administrator Class 1.20% January 31, 2011
Institutional Class 0.95% January 31, 2011
SMALL COMPANY VALUE FUND/47/
Class A 1.45% January 31, 2011
Class B 2.20% No Changes January 31, 2011
Class C 2.20% January 31, 2011
Administrator Class 1.20% January 31, 2011
SMALL/MID CAP CORE FUND+/-/48/
Class A 1.40% 3 Years After
Class C 2.15% Implementation Date (all
Administrator Class 1.15% Classes)
SMALL/MID CAP VALUE FUND
Class A 1.40% 1.40% February 28, 2011
Class C 2.15% 2.15% February 28, 2011
Administrator Class 1.15% 1.15% February 28, 2011
Institutional Class 0.95% 0.95% February 28, 2011
Investor Class 1.49% 1.47% February 28, 2011
SOCIAL SUSTAINABILITY FUND
Class A 1.25% No Changes November 30, 2010
Class C 2.00% November 30, 2010
Administrator Class 1.00% November 30, 2010
SPECIALIZED FINANCIAL SERVICES FUND/49/
Class A 1.35% No Changes February 28, 2011
Class B 2.10% February 28, 2011
Class C 2.10% February 28, 2011
----------
/46/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Small Cap Value
Fund with a capped net operating expense ratio of 1.10%, effective on or
about July 30, 2010.
/47/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Small Company
Value Fund with a capped net operating expense ratio of 1.00%, effective on
or about July 30, 2010.
/48/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Small/Mid Cap
Core Fund with a capped net operating expense ratio of 0.95%, effective on
or about July 30, 2010.
/49/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Specialized Financial Services Fund into the
Classic Value Fund. Subject to receipt of shareholder approval, the merger
will become effective on July 16, 2010.
A-15
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
SPECIAL SMALL CAP VALUE FUND+/-/50/
Class A 1.34% 3 Years After
Class B 2.09% Implementation Date (all
Class C 2.09% Classes)
Administrator Class 1.09%
SPECIALIZED TECHNOLOGY FUND/51/
Class A 1.75% 1.75% February 28, 2011
Class B 2.50% 2.50% February 28, 2011
Class C 2.50% 2.50% February 28, 2011
Investor Class 1.85% 1.82% February 28, 2011
STABLE INCOME FUND/52/
Class A 0.85% September 30, 2010
Class B 1.60% No Changes September 30, 2010
Class C 1.60% September 30, 2010
Administrator Class 0.65% September 30, 2010
STRATEGIC INCOME FUND/53/
Class A 1.10% No Changes September 30, 2010
Class B 1.85% September 30, 2010
Class C 1.85% September 30, 2010
STRATEGIC LARGE CAP GROWTH FUND+/-/54/
Class A 1.07% 3 Years After
Class C 1.82% Implementation Date (all
Class R 1.32% Classes)
Institutional Class 0.80%
STRATEGIC MUNICIPAL BOND FUND+/-
Class A 0.86% 3 Years After
Class B 1.61% Implementation Date (all
Class C 1.61% Classes)
Administrator Class 0.68%
----------
/50/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Institutional Class shares to the Special Small
Cap Value Fund with a capped net operating expense ratio of 0.94%,
effective on or about July 30, 2010.
/51/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Specialized
Technology Fund with a capped net operating expense ratio of 1.50%,
effective on or about July 30, 2010.
/52/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Stable Income Fund into the Ultra Short-Term
Income Fund. Subject to receipt of shareholder approval, the merger will
become effective on July 9, 2010.
/53/ On January 11, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the Strategic Income Fund into the High Income Fund.
Subject to receipt of shareholder approval, the merger will become
effective on July 9, 2010.
/54/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Strategic Large
Cap Growth Fund with a capped net operating expense ratio of 0.95%,
effective on or about July 30, 2010.
A-16
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
TARGET TODAY FUND
Class A 0.98% 0.96% June 30, 2010
Class B 1.73% 1.71% June 30, 2010
Class C 1.73% 1.71% June 30, 2010
Administrator Class 0.80% 0.80% June 30, 2010
Institutional Class 0.45% 0.45% June 30, 2010
Investor Class 0.86% 0.86% June 30, 2010
TARGET 2010 FUND
Class A 1.01% 0.99% June 30, 2010
Class B 1.76% 1.74% June 30, 2010
Class C 1.76% 1.74% June 30, 2010
Administrator Class 0.83% 0.83% June 30, 2010
Institutional Class 0.48% 0.48% June 30, 2010
Investor Class 0.89% 0.89% June 30, 2010
TARGET 2015 FUND
Institutional Class 0.49% No Changes June 30, 2010
Administrator Class 0.84% June 30, 2010
Investor Class 0.90% June 30, 2010
TARGET 2020 FUND
Class A 1.03% 1.01% June 30, 2010
Class B 1.78% 1.76% June 30, 2010
Class C 1.78% 1.76% June 30, 2010
Administrator Class 0.85% 0.85% June 30, 2010
Institutional Class 0.50% 0.50% June 30, 2010
Investor Class 0.91% 0.91% June 30, 2010
TARGET 2025 FUND
Administrator Class 0.85% No Changes June 30, 2010
Institutional Class 0.50% June 30, 2010
Investor Class 0.91% June 30, 2010
TARGET 2030 FUND
Class A 1.04% 1.02% June 30, 2010
Class B 1.79% 1.77% June 30, 2010
Class C 1.79% 1.77% June 30, 2010
Administrator Class 0.86% 0.86% June 30, 2010
Institutional Class 0.51% 0.51% June 30, 2010
Investor Class 0.92% 0.92% June 30, 2010
TARGET 2035 FUND
Administrator Class 0.87% No Changes June 30, 2010
Institutional Class 0.52% June 30, 2010
Investor Class 0.93% June 30, 2010
A-17
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
TARGET 2040 FUND
Class A 1.05% 1.03% June 30, 2010
Class B 1.80% 1.78% June 30, 2010
Class C 1.80% 1.78% June 30, 2010
Administrator Class 0.87% 0.87% June 30, 2010
Institutional Class 0.52% 0.52% June 30, 2010
Investor Class 0.93% 0.93% June 30, 2010
TARGET 2045 FUND
Administrator Class 0.87% No Changes June 30, 2010
Institutional Class 0.52% June 30, 2010
Investor Class 0.93% June 30, 2010
TARGET 2050 FUND
Administrator Class 0.87% No Changes June 30, 2010
Institutional Class 0.52% June 30, 2010
Investor Class 0.93% June 30, 2010
TOTAL RETURN BOND FUND/55/
Class A 0.85% 0.83% 3 Years After
Class B 1.60% 1.58% Implementation Date (all
Class C 1.60% 1.58% Classes)
Administrator Class 0.70% 0.70%
Institutional Class 0.42% 0.42%
Investor Class 0.90% 0.86%
TRADITIONAL SMALL CAP GROWTH FUND+/-/56/
Class A 1.33% 3 Years After
Institutional Class 0.98% Implementation Date (all
Classes)
TREASURY PLUS MONEY MARKET FUND/57/
Class A 0.65% 0.65% 3 Years After
Administrator Class 0.35% 0.35% Implementation Date (all
Institutional Class 0.20% 0.20% Classes)
Service Class 0.50% 0.45%
ULTRA SHORT-TERM INCOME FUND
Class A 0.70% 0.70% 3 Years After
Class C 1.45% 1.45% Implementation Date (all
Administrator Class 0.55% 0.55% Classes)
Institutional Class 0.35% 0.35%
Investor Class 0.75% 0.73%
----------
/55/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class R shares to the Total Return Bond Fund with
a capped net operating expense ratio of 1.08%, effective July 9, 2010.
/56/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Class C and Administrator Class shares to the
Traditional Small Cap Growth Fund with a capped net operating expense ratio
of 2.08% and 1.20%, respectively, effective on or about July 30, 2010.
/57/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Sweep Class shares to the Treasury Plus Money
Market Fund with a capped operating expense ratio of 0.97%, effective
July 1, 2010.
A-18
CAPPED OPERATING
CAPPED OPERATING EXPENSE RATIO
EXPENSE RATIO (EFFECTIVE JULY 9,
FUNDS/CLASSES (CURRENT) 2010)* EXPIRATION / RENEWAL DATE
-------------------------------------------- ---------------- ------------------ -------------------------
ULTRA SHORT-TERM MUNICIPAL INCOME FUND/58/
Class A 0.67% 0.67% October 31, 2010
Class C 1.42% 1.42% October 31, 2010
Institutional Class 0.37% 0.37% October 31, 2010
Investor Class 0.72% 0.70% October 31, 2010
UTILITY & TELECOMMUNICATIONS FUND+/-/59/
Class A 1.14% 3 Years After
Class B 1.89% Implementation Date (all
Class C 1.89% Classes)
Institutional Class 0.78%
U.S. VALUE FUND/60/
Class A 1.25% November 30, 2010
Class B 2.00% No Change November 30, 2010
Class C 2.00% November 30, 2010
Administrator Class 0.96% November 30, 2010
Investor Class 1.32% November 30, 2010
WEALTHBUILDER CONSERVATIVE
ALLOCATION PORTFOLIO 1.50% No Change September 30, 2010
WEALTHBUILDER EQUITY PORTFOLIO 1.50% No Change September 30, 2010
WEALTHBUILDER GROWTH ALLOCATION PORTFOLIO 1.50% No Change September 30, 2010
WEALTHBUILDER GROWTH BALANCED PORTFOLIO 1.50% No Change September 30, 2010
WEALTHBUILDER MODERATE BALANCED PORTFOLIO 1.50% No Change September 30, 2010
WEALTHBUILDER TACTICAL EQUITY PORTFOLIO 1.50% No Change September 30, 2010
WISCONSIN TAX-FREE FUND
Class A 0.70% 0.70% October 31, 2010
Class C 1.49% 1.49% October 31, 2010
Investor Class 0.75% 0.73% October 31, 2010
100% TREASURY MONEY MARKET FUND/61/
Class A 0.65% No Change June 30, 2010
Service Class 0.50% June 30, 2010
----------
/58/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Ultra Short-Term
Municipal Income Fund with a capped net operating expense ratio of 0.60%,
effective on or about July 30, 2010.
/59/ On March 26, 2010, the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class shares to the Utility &
Telecommunications Fund with a capped operating expense ratio of 0.95%,
effective on or about July 30, 2010.
/60/ On January 11, 2010 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the merger of the U.S. Value Fund to the Disciplined Value Fund.
Subject to receipt of shareholder approval, the merger will become
effective on July 16, 2010.
A-19
Most Recent Annual Approval: March 26, 2010
Schedule A amended: March 26, 2010
----------
/61/ On December 18, 2009 the Board of Trustees of Xxxxx Fargo Funds Trust
approved the addition of Administrator Class and Sweep Class shares to the
100% Treasury Money Market Fund with capped operating expense ratios of
0.30% and 1.05%, respectively, effective July 1, 2010.
A-20
The foregoing schedule of capped operating expense ratios is agreed to as
of March 26, 2010 and shall remain in effect until changed in writing by the
parties.
XXXXX FARGO FUNDS TRUST
By:
------------------------------
X. Xxxxx Xxxxxxx
Secretary
XXXXX FARGO FUNDS MANAGEMENT, LLC
By:
------------------------------
Xxxxxx Xxxx
Executive Vice President
A-21
