NEUBERGER BERMAN INCOME FUNDS NEUBERGER BERMAN HIGH INCOME FUND
XXXXXXXXX XXXXXX INCOME FUNDS
XXXXXXXXX XXXXXX HIGH INCOME FUND
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10104
July 2, 2021
Xxxxxxxxx Xxxxxx Investment Advisers LLC (“NBIA”)
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10104
Dear Ladies and Gentlemen:
Xxxxxxxxx Xxxxxx High Income Fund (“Fund”) is a series of Xxxxxxxxx Xxxxxx Income Funds, a Delaware statutory trust
(“Trust”).
You hereby agree, from July 2, 2021 until each date noted on Schedule A (each a “Limitation Period”), to waive the
investment advisory fee charged pursuant to the Management Agreement between the Trust and NBIA (“Advisory Fee”) of each Fund’s Classes noted on Schedule A (each a “Class”), so that the Advisory Fee of each Fund’s respective Classes are limited to
the respective rate per annum, as noted on Schedule A, of that Class’s average daily net assets (each an “Advisory Fee After Waiver”).
You understand that you
shall look only to the assets attributable to the applicable Class in the performance of this Agreement, and neither any other series of the Trust or Class, nor any of the Trust’s trustees, officers, employees, agents, or shareholders, whether
past, present or future, shall be personally liable therefor.
This Agreement is made and to be performed
principally in the State of New York, and except insofar as the Investment Company Act of 1940, as amended, or other federal laws and regulations may be controlling, this Agreement shall be governed by, and construed and enforced in accordance
with, the internal laws of the State of New York. Any amendment to this Agreement shall be in writing signed by the parties hereto, and requires approval of the Board of Trustees of the Trust, including a majority of the Trustees who are not
“interested persons” of the Trust as that term is defined in the Investment Company Act of 1940. This Agreement supersedes any prior agreement with respect to the subject matter hereof as of July 2, 2021.
If you are in agreement with the foregoing,
please sign the form of acceptance on the enclosed counterpart hereof and return the same to us.
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Very truly yours, | |
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XXXXXXXXX XXXXXX INCOME FUNDS,
on behalf of
XXXXXXXXX XXXXXX HIGH INCOME FUND
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| By: |
Xxxxx Xxxxxxx | |
| Title: |
Chief Operating Officer | |
The foregoing Agreement is hereby accepted as of July 2, 2021.
XXXXXXXXX XXXXXX INVESTMENT ADVISERS LLC
| By: |
Xxxxx Xxxxxxx |
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| Title: |
Chief Operating Officer | |
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SCHEDULE A
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Fund
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Class
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Limitation Period
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Advisory Fee After
Waiver
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Xxxxxxxxx Xxxxxx High Income Fund
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E
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10/31/2022
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0.00%
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