AMENDMENT TO THE AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Exhibit h5d
AMENDMENT TO THE AMENDED AND RESTATED
This Amendment to the Amended and Restated Expense Limitation Agreement is hereby made as of the 11th day of July, 2014, between The MainStay Funds and MainStay Funds Trust (each a “Trust” and collectively, the “Trusts”), on behalf of each series of the Trusts as set forth on Schedule A, and New York Life Investment Management LLC (the “Adviser”) (“Amendment”).
WHEREAS, each Trust and the Adviser are parties to an Amended and Restated Expense Limitation Agreement, dated February 28, 2014 (the “Agreement”); and
WHEREAS, the parties hereby wish to amend Schedule A of the Agreement to reflect the addition of MainStay Xxxxxxx MLP Premier Fund, MainStay Xxxxxxx Renaissance Advantage Fund, and MainStay Xxxxxxx Royalty Energy Income Fund.
NOW, THEREFORE, the parties agree as follows:
(i) | Schedule A is hereby amended by deleting it in its entirety and replacing it with the Schedule attached hereto. |
[The Remainder Of This Page Has Been Left Blank Intentionally.]
Exhibit h5d
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
By:/s/ Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: President
THE MAINSTAY FUNDS
By:/s/Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: President
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
By:/s/Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: Co-President
Exhibit h5d
Schedule A
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
MainStay California Tax Free Bond Fund |
Class A: 0.75% Class C: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Conservative Allocation Fund |
Class A: 0.50% Class B: 1.30% Class C: 1.30% Class I: 0.25% Investor Class: 0.55% |
MainStay Cornerstone Growth Fund |
Class A: 1.34% Class I: 1.09% |
MainStay Xxxxxxx MLP Premier Fund |
Expense Limitation until July 11, 2016: Class A: 1.60% |
MainStay Xxxxxxx Renaissance Advantage Fund |
Expense Limitation until July 11, 2016: Class A: 1.90%
Supplemental Expense Limitation until April 1, 2016: Class A: 1.75% Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
Exhibit h5d
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
MainStay Xxxxxxx Royalty Energy Income Fund |
Expense Limitation until July 11, 2016: Class A: 1.90%
Supplemental Expense Limitation until April 1, 2016: Class A: 1.73% Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Emerging Markets Opportunities Fund |
Class A: 1.60% Class I: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Epoch International Small Cap Fund |
Class A: 1.65% |
MainStay Epoch U.S. Equity Yield Fund |
Class A: 1.24% Class C: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Government Fund |
Class A: 1.00% Class B: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
Exhibit h5d
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
MainStay Growth Allocation Fund |
Class A: 0.50% Class B: 1.30% Class C: 1.30% Class I: 0.25% Investor Class: 0.55% |
MainStay High Yield Municipal Bond Fund |
Class A: 0.875% Class C: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay High Yield Opportunities Fund |
Class A: 1.30% Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay ICAP Equity Fund |
Class I: 0.90% |
MainStay ICAP Global Fund |
Class A: 1.15% Class C: 1.95% Class I: 0.90% Investor Class: 1.20% |
MainStay ICAP International Fund |
Class I: 0.95% |
MainStay ICAP Select Equity Fund |
Class A: 1.18% Class I: 0.90% |
MainStay Indexed Bond Fund |
Class A: 0.82% Class I: 0.40% |
MainStay International Opportunities Fund |
Class A: 1.60% Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Large Cap Growth Fund |
Class I: 0.88% |
Exhibit h5d
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
MainStay Marketfield Fund |
Class I: 1.56%
|
MainStay Moderate Allocation Fund |
Class A: 0.50% Class B: 1.30% Class C: 1.30% Class I: 0.25% Investor Class: 0.55% |
MainStay Moderate Growth Allocation Fund |
Class A: 0.50% Class B: 1.30% Class C: 1.30% Class I: 0.25% Investor Class: 0.55% |
MainStay Money Market Fund |
Class A: 0.70% Class B: 0.80% Class C: 0.80% Investor Class: 0.80% |
MainStay New York Tax Free Opportunities Fund |
Class A: 0.75% Class C: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Retirement 2010 Fund |
Class A: 0.375% Class I: 0.125% Investor Class: 0.475% Class R1: 0.225% Class R2: 0.475% Class R3: 0.725% |
MainStay Retirement 2020 Fund |
Class A: 0.375% Class I: 0.125% Investor Class: 0.475% Class R1: 0.225% Class R2: 0.475% Class R3: 0.725% |
MainStay Retirement 2030 Fund |
Class A: 0.375% Class I: 0.125% Investor Class: 0.475% Class R1: 0.225% Class R2: 0.475% Class R3: 0.725% |
Exhibit h5d
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
MainStay Retirement 2040 Fund |
Class A: 0.375% Class I: 0.125% Investor Class: 0.475% Class R1: 0.225% Class R2: 0.475% Class R3: 0.725% |
MainStay Retirement 2050 Fund |
Class A: 0.375% Class R3: 0.725%. |
MainStay S&P 500 Index Fund |
Class A: 0.60% Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Short Duration High Yield Fund |
Class A: 1.05% Class C: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Short Term Bond Fund |
Class A: 0.86% Class I: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
MainStay Tax Free Bond Fund |
Class A: 0.82% Class B: The Adviser will apply an equivalent waiver
or reimbursement, in an equal number of basis points waived for Class A Shares. Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |
Exhibit h5d
FUND | Total Annual Operating Expense Limit (as a percent of average daily net asset) |
Mainstay Total Return Bond Fund |
Class I: 0.60% |
MainStay U.S. Equity Opportunities Fund |
Class A: 1.50% Investor Class: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares. |