MAINSTAY FUNDS TRUST AMENDMENT TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT
AMENDMENT TO THE
AMENDED AND RESTATED MANAGEMENT AGREEMENT
This Amendment to the Amended and Restated Management Agreement is hereby made as of the 28th day of August, 2023, between the MainStay Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of its series as set forth on Schedule A (each, a “Fund,” and collectively, the “Funds”) and New York Life Investment Management LLC, a Delaware limited liability company (the “Manager”).
WHEREAS, the Trust and the Manager are parties to the Amended and Restated Management Agreement, dated February 27, 2015, as amended (the “Agreement”); and
WHEREAS, the Trust and the Manager hereby wish to amend Schedule A of the Agreement to update the fee schedule for MainStay CBRE Global Infrastructure 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.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers and attested as of the date first written above.
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
Attest: /s/ Xxxxx X. XxXxxxx By: /s/ Xxxx X. Xxxxxxx
Name: Xxxxx X. XxXxxxx Name: Xxxx X. Xxxxxxx
Title: Director and Associate General Counsel Title: Senior Managing Director
Attest: /s/ Xxxxx X. XxXxxxx By: /s/ Xxxx X. Xxxxxxx
Name: Xxxxx X. XxXxxxx Name: Xxxx X. Xxxxxxx
Title: Assistant Secretary Title: President
SCHEDULE A
(As of August 28, 2023)
For all services rendered by the Manager hereunder, each Fund of the Trust shall pay the Manager and the Manager agrees to accept as full compensation for all services rendered hereunder, an annual fee equal to the following:
FUND | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
MainStay Balanced Fund | 0.65% on assets up to $1 billion; |
MainStay Candriam Emerging Markets Equity Fund | 1.00% on assets up to $1 billion; and 0.975% on assets over $1 billion |
MainStay CBRE Global Infrastructure Fund | 0.85% on assets up to $3 billion; and 0.84% on assets over $3 billion |
MainStay CBRE Real Estate Fund | 0.75% on all assets |
MainStay Conservative Allocation Fund | 0.00%* |
MainStay Conservative ETF Allocation Fund | 0.20% on all assets |
MainStay Xxxxxxx MLP Premier Fund | 1.10% on assets up to $3 billion; and 1.05% on assets over $3 billion |
MainStay Defensive ETF Allocation Fund | 0.20% on all assets |
MainStay Epoch Capital Growth Fund | 0.75% on all assets |
MainStay Epoch Global Equity Yield Fund | 0.70% on all assets |
MainStay
Epoch International Choice Fund | 0.80% on assets up to $5 billion; 0.775% on assets from $5 billion to $7.5 billion; and 0.75% on assets over $7.5 billion |
MainStay Epoch U.S. Equity Yield Fund | 0.70%
on assets up to $500 million; |
MainStay Equity Allocation Fund | 0.00%* |
MainStay Equity ETF Allocation Fund | 0.20% on all assets |
MainStay ESG Multi-Asset Allocation Fund | 0.20% on all assets |
MainStay Fiera XXXX Growth Fund | 0.75% on all assets |
FUND | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
MainStay Floating Rate Fund | 0.60% on assets up to $1 billion; 0.575% on assets from $1 billion to $3 billion; and 0.565% on assets over $3 billion |
MainStay Growth Allocation Fund | 0.00%* |
MainStay Growth ETF Allocation Fund | 0.20% on all assets |
MainStay MacKay California Tax Free Opportunities Fund | 0.45% on assets up to $1 billion 0.42%
on assets over $3 billion |
MainStay MacKay High Yield Municipal Bond Fund | 0.55% on assets up to $1 billion; 0.54% on assets from $1 billion to $3 billion; 0.51%
on assets from $7 billion to $9 billion; |
MainStay MacKay New York Tax Free Opportunities Fund | 0.45% on assets up to $1 billion 0.42%
on assets over $3 billion |
MainStay MacKay Short Duration High Yield Fund | 0.65% on all assets |
MainStay MacKay Short Term Municipal Fund | 0.35%
on assets up to $1 billion |
MainStay MacKay Strategic Municipal Allocation Fund | 0.40% on all assets |
MainStay MacKay Total Return Bond Fund | 0.45% on assets up to $1 billion; 0.44% on assets from $1 billion to $3 billion; and 0.43% on assets over $3 billion |
MainStay Moderate Allocation Fund | 0.00%* |
MainStay Moderate ETF Allocation Fund | 0.20% on all assets |
MainStay PineStone Global Equity Fund | 0.80% on all assets |
MainStay PineStone International Equity Fund | 0.80% on all assets |
MainStay PineStone U.S. Equity Fund | 0.55% on all assets |
MainStay Short Term Bond Fund | 0.25% on assets up to $1 billion; and 0.20% on assets over $1 billion |
FUND | ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS |
MainStay S&P 500 Index Fund | 0.16% on assets up to $2.5 billion; and 0.15% on assets over $2.5 billion |
MainStay WMC Growth Fund | 0.70%
on assets up to $500 million; |
MainStay WMC International Research Equity Fund | 0.75% on all assets |
MainStay WMC Small Companies Fund | 0.80% on assets up to $1 billion; 0.775% on assets from $1 billion to $2 billion; and 0.75% on assets over $2 billion |
* The Manager will receive no fee from the Fund, although the parties acknowledge that the
Manager or its affiliates shall receive compensation from other registered investment companies, including other series of the Trust, in connection with assets of the Fund that are invested in such investment companies.
