EXHIBIT (9)(d)
STATE STREET BANK AND TRUST COMPANY
TRANSFER AGENT AND REGISTRAR SERVICES
FEE AGREEMENT
FOR
ALL GABELLI CLOSED-END FUNDS
ONGOING TRANSFER AGENT FEES
$6.00 per shareholder account per annum for open accounts and $4.00 per
closed shareholder account per annum. Includes the issuance and
registration of the first 1,500 credit certificates in a calendar years,
per fund. Excess credits beyond 1,500 to be billed at $1.25 each within a
calendar year.
For each dividend reinvestment per participant
$.75
For each optional cash infusion
$.75
ACCOUNT MAINTENANCE SERVICES
Establishing new accounts
Preparation and mailing of W-9 solicitation to new accounts without
T.I.N.'s
Address changes
Processing T.I.N. changes
Processing routine and non-routine transfers of ownership
Issuance of credit certificates (see limits)
Posting debit and credit transactions
Providing a daily transfer journal of ownership changes
Responding to written shareholder communications
Responding to shareholder telephone inquiries; toll-free number
Placing and releasing stop transfers
Replacing lost certificates
Registration of credit certificates (see limits)
DIVIDEND DISBURSEMENT SERVICES
Generate and mail twelve dividend checks per annum with one enclosure
Replace lost dividend checks
Processing of backup withholding and remittance
Processing of non-resident alien withholding and remittance
Preparation and filing of Federal Tax Forms 1099 and 1042
Preparation and filing of State Tax Information as directed
DIVIDEND REINVESTMENT SERVICES PROVIDED
Processing optional cash investments and acknowledging same
The reinvestment of dividend proceeds for participants
Participant withdrawal or sell requests
Preparation, mailing and filing of Federal Tax Form 1099B for sales
Preparation and mailing of reinvestment statements
ANNUAL MEETING SERVICES
Coordination of mailing of proxies, proxy statement, annual report and
business reply envelope (all out-of-pocket expenses, including
printing of proxy cards, postage, and envelope costs will be billed as
incurred)
Providing one set of labels of banks, brokers and nominees for broker
search
Providing an annual Meeting Record Date list
Tabulation of returned proxies
Daily reporting of tabulation results
Interface support during solicitation effort
Providing one Inspector of Election at Annual Meeting (out-of-pocket
travel expenses billed as cost as incurred)
Providing an Annual Meeting Final Voted list
ADDRESSING AND MAILING SERVICES
One complete statistical report annually
-Shareholders by state
-Shareholders by classification code
-Shareholders by share grouping
Geographical Analysis monthly
TERMS OF FEE AGREEMENT
Minimum $1,000. per month
MISCELLANEOUS
All out-of-pocket expenses such as postage, stationery, etc. will be
billed as incurred
ADDITIONAL SERVICES
Services over and above this Fee Schedule will be invoiced in
accordance with our current Schedule of Services or priced by
appraisal.
STATE STREET BANK AND TRUST COMPANY
STOCK TRANSFER AGENT FEE AGREEMENT
FOR
ALL GABELLI CLOSED-END FUNDS
FEE AGREEMENT EFFECTIVE DATE: 4/1/95
REQUIRED SIGNATURES:
______________________________________
State Street Bank and Trust Company
Date
Name: Xxxxxxx X. Xxxxx
Title: Vice President
____________________________________
Gabelli Funds, Inc.
Date
Name:
Title:
