Exhibit (v)
JOINT FIDELITY BOND AGREEMENT
THIS AGREEMENT is made as of September 1, 2013,
by and among certain registered investment companies (the “Funds”) managed and/or administered by ▇▇▇▇▇ ▇▇▇▇▇ Management (“EVM”)
or Boston Management and Research (“BMR”), each listed on Appendix A, as amended from time to time; and certain other non-Fund
entities affiliated with EVM and/or BMR (collectively the “EV Parties”), each listed on Appendix A, as amended from time to
time; all of which are named insureds (the “Insureds”) under a joint insured fidelity bond (the “Bond”) issued
by one or more insurance companies (the “Insurer”), which may from time to time be amended or replaced:
WHEREAS, EVM and BMR act as investment adviser,
manager and/or administrator of the Funds, and may from time to time hereafter act as investment adviser, manager or administrator of
other funds; and ▇▇▇▇▇ ▇▇▇▇▇ Distributors, Inc. acts as principal underwriter or placement agent for certain of the Funds, and may from
time to time hereafter act as principal underwriter or placement agent for certain other funds; and
WHEREAS, each Fund has registered under the
Investment Company Act of 1940, as amended (the “1940 Act”), as a management investment company; and
WHEREAS, Rule 17g-1(f) under the 1940 Act requires
registered management investment companies named as an insured on a joint fidelity bond to enter into certain agreements with the other
named insureds; and
WHEREAS, the Insureds each will benefit from
its participation in the Bond; and
WHEREAS, the Insureds desire to establish the
criteria by which (i) the annual premium shall be allocated among the parties, (ii) parties may be added to the Bond, and (iii) losses
in excess of the face amount of the Bond shall be allocated among the parties:
NOW, THEREFORE, it is agreed as follows:
1. Allocation
of Premiums. The premium payable on the Bond shall be allocated between the Funds and the EV Parties in the manner approved by the
Board of Trustees of the Funds, including a majority of those Trustees who are not “interested persons” of the Funds as defined
by Section 2 (a) (19) of the Investment Company Act of 1940, as amended (the “1940 Act”) (the “Independent Trustees”).
The amount of premium allocated to the Funds shall then be allocated among the Funds in the manner approved by the Board of Trustees of
the Funds, including a majority of the Independent Trustees. The amount of premium payable by the EV Parties may be allocated among the
EV Parties as mutually agreed by them.
2. Additional
Parties to the Agreement. If the Insurer is willing without additional premium to add as an Insured under the Bond (i) any registered
investment company for which EVM or BMR hereafter is investment adviser, manager and/or administrator, or (ii) any non-Fund party which
qualifies as an insurable party pursuant to Rule 17g-1(b)(3) under the 1940 Act, the parties hereto agree that: (a) such addition may
be made, (b) any such registered investment company may become a party to this Agreement and be included within the term “Funds”,
and (c) that such affiliate or other party may become a party to this Agreement and be included within the term “EV Parties”;
provided that any party added during the term of the Agreement shall be bound by the terms of the Agreement.
3. Allocation
of Claim Proceeds. In the event that the claims of loss of two or more Insureds under the Bond exceed the face amount of the Bond
and are deemed to be a Single Loss as defined under the Bond, the following rules for determining, as among the claimants, the priority
of satisfaction of the claims under the Bond shall apply:
| A. | All claims of the Funds that have been duly proved and established under the Bond shall be satisfied in
full before satisfaction of any claims of any non-Fund Insured party. However, a Fund (“Investing Fund”) which invests substantially
all of its assets in one or more other Funds (“Portfolio”) in a master-feeder or fund-of-funds structure is not entitled to
recover on its claim to the extent that the Investing Fund’s actual covered loss is reduced by the satisfaction of a Portfolio’s
claim. |
| B. | If the claims of the Funds exceed the face amount of the Bond, the insurance shall be applied to those
claims in the following manner: |
(i) each
Fund shall receive an equitable and proportionate share of the insurance, but in no event less than the amount it would have received
had it provided and maintained a single bond with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 under the 1940 Act (the
“minimum coverage”); and
(ii) any
remaining amount of recovery over the minimum coverage shall be applied to the unsatisfied claims of the Funds, in proportion to the relevant
Funds’ contributions toward the allocation of the premium paid for the Bond as determined in accordance with Paragraph 1 above.
C. If
after giving effect to Paragraph A there remains a portion of the insurance under the Bond available for the satisfaction of claims of
parties other than the Funds, such remainder shall be applied as EVM shall determine.
4. Limitations
of Liability. All parties hereto agree that any obligation assumed by a business or common law trust hereunder shall be limited to
the assets of the trust, and the trustees, shareholders and agents of the trust shall not be liable thereon.
5.
Effective Date. This Fidelity Bond Premium Sharing Agreement shall become effective as of September 1, 2013.
IN WITNESS WHEREOF, the parties
have hereunto caused this Agreement to be executed by their officers, Directors or Trustees hereunto duly authorized all as of the day
and year first above written.
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▇▇▇▇▇ ▇▇▇▇▇ MANAGEMENT (as agent for the Insureds listed on Schedule A) |
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By: |
/s/ ▇▇▇▇ ▇. ▇’▇▇▇▇ |
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Name: |
▇▇▇▇ ▇. ▇’▇▇▇▇ |
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Title: |
Vice President |
Schedule A
Effective October 31, 2025
▇▇▇▇▇ ▇▇▇▇▇ Non-Funds
| · | Atlanta Capital Management Company, LLC |
| · | Boston Management and Research |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Advisers International Ltd. |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Distributors, Inc. |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Management (International) Limited |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Trust Company |
| · | Parametric Portfolio Associates, LLC |
▇▇▇▇▇ ▇▇▇▇▇ Growth Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ All Asset Strategy Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Atlanta Capital Focused Growth Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Atlanta Capital Select Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Atlanta Capital SMID-Cap Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ China Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Equity Strategy Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Focused Global Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Focused Growth Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Focused Value Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ China Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Global Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Hexavest International Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International Small-Cap Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Worldwide Health Sciences Fund |
▇▇▇▇▇ ▇▇▇▇▇ Investment Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ National Ultra-Short Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ National Limited Maturity Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ New York Municipal Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Short Duration Municipal Opportunities Fund |
▇▇▇▇▇ ▇▇▇▇▇ Municipals Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ Arizona Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ California Municipal Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Connecticut Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Georgia Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Maryland Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Massachusetts Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Minnesota Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Missouri Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Municipal Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ National Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ New Jersey Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ New York Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ North Carolina Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Ohio Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Oregon Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Pennsylvania Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ South Carolina Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Virginia Municipal Income Fund |
▇▇▇▇▇ ▇▇▇▇▇ Municipals Trust II, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ High Yield Municipal Income Fund |
| · | Parametric TABS Intermediate-Term Municipal Bond Fund |
| · | Parametric TABS Short-Term Municipal Bond Fund |
| · | Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund |
| · | Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund |
▇▇▇▇▇ ▇▇▇▇▇ Mutual Funds Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ AMT-Free Municipal Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Diversified Currency Income Fund (fka ▇▇▇▇▇ ▇▇▇▇▇ Global Sovereign
Opportunities Fund) |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Emerging and Frontier Countries Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Local Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Floating-Rate Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Floating-Rate Advantage Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Floating-Rate & High Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Global Equity Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Global Income Builder Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Global Macro Absolute Return Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Global Macro Absolute Return Advantage Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Government Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ High Income Opportunities Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Multi-Asset Credit Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Short Duration Government Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Short Duration High Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Strategic Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Equity Asset Allocation Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax Managed Growth Fund 1.1 |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Growth Fund 1.2 |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Multi-Cap Growth Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Small-Cap Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Value Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Total Return Bond Fund |
| · | Parametric Commodity Strategy Fund |
| · | Parametric Emerging Markets Fund |
| · | Parametric International Equity Fund |
| · | Parametric Volatility Risk Premium - Defensive Fund |
▇▇▇▇▇ ▇▇▇▇▇ Series Fund, Inc., a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Debt Opportunities Fund |
▇▇▇▇▇ ▇▇▇▇▇ Series Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Growth Fund 1.0 |
▇▇▇▇▇ ▇▇▇▇▇ Series Trust II, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ Income Fund of Boston |
| · | Parametric Tax-Managed Emerging Markets Fund |
▇▇▇▇▇ ▇▇▇▇▇ Special Investment Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Core Bond Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Dividend Builder Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Greater India Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Large-Cap Value Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Short Duration Inflation-Protected Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ Small-Cap Fund |
▇▇▇▇▇ ▇▇▇▇▇ Variable Trust, a series fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ VT Floating-Rate Income Fund |
▇▇▇▇▇ ▇▇▇▇▇ California Municipal Bond Fund
▇▇▇▇▇ ▇▇▇▇▇ California Municipal Income Trust
▇▇▇▇▇ ▇▇▇▇▇ Enhanced Equity Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Enhanced Equity Income Fund II
▇▇▇▇▇ ▇▇▇▇▇ Floating-Rate Income Trust
▇▇▇▇▇ ▇▇▇▇▇ Floating-Rate 2022 Target Term Trust
▇▇▇▇▇ ▇▇▇▇▇ Limited Duration Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Municipal Bond Fund
▇▇▇▇▇ ▇▇▇▇▇ Municipal Income 2028 Term Trust
▇▇▇▇▇ ▇▇▇▇▇ Municipal Income Trust
▇▇▇▇▇ ▇▇▇▇▇ National Municipal Opportunities Trust
▇▇▇▇▇ ▇▇▇▇▇ New York Municipal Bond Fund
▇▇▇▇▇ ▇▇▇▇▇ Risk-Managed Diversified Equity Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Senior Floating-Rate Trust
▇▇▇▇▇ ▇▇▇▇▇ Senior Income Trust
▇▇▇▇▇ ▇▇▇▇▇ Short Duration Diversified Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Advantaged Dividend Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Advantaged Global Dividend Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Advantaged Global Dividend Opportunities Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Buy-Write Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Buy-Write Opportunities Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Diversified Equity Income Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Global Buy-Write Opportunities Fund
▇▇▇▇▇ ▇▇▇▇▇ Tax-Managed Global Diversified Equity Income Fund
▇▇▇▇▇ ▇▇▇▇▇ High Income 2022 Target Term Trust
Core Bond Portfolio
Emerging Markets Local Income Portfolio
▇▇▇▇▇ ▇▇▇▇▇ Floating Rate Portfolio
Global Macro Absolute Return Advantage Portfolio
Global Macro Capital Opportunities Portfolio
Global Macro Portfolio
Global Opportunities Portfolio
Greater India Portfolio
High Income Opportunities Portfolio
International Income Portfolio
Senior Debt Portfolio
Short Duration Inflation-Protected Income Portfolio
Stock Portfolio
Tax-Managed Growth Portfolio
Tax-Managed International Equity Portfolio
Tax-Managed Multi-Cap Growth Portfolio
Tax-Managed Small-Cap Portfolio
Tax-Managed Value Portfolio
PSC Commodity Subsidiary, Ltd.
▇▇▇▇▇ ▇▇▇▇▇ GMAP Commodity Subsidiary, Ltd.
▇▇▇▇▇ ▇▇▇▇▇ GMP Commodity Subsidiary, Ltd.
▇▇▇▇▇ ▇▇▇▇▇ GOP Commodity Subsidiary, Ltd.
▇▇▇▇▇ ▇▇▇▇▇ International (Cayman Islands) Floating Rate Income Portfolio
▇▇▇▇▇ ▇▇▇▇▇ International (Cayman Islands) Funds, Ltd., a series
fund consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Cayman Islands) Floating-Rate
Income Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Cayman Islands) Strategic
Income Fund |
▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Funds plc, a series fund
consisting of:
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Emerging
Market Debt Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Frontier
Markets Local Debt Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Hexavest
All-Country Global Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Hexavest
Global Equity Fund |
| · | ▇▇▇▇▇ ▇▇▇▇▇ International (Ireland) Parametric
Global Defensive Equity Fund |
