Advisory Fee Schedule. The Fund shall pay the Adviser, in arrears, a monthly investment advisory fee (hereinafter referred to as "Advisory Fee") based on the average daily total assets of the Fund (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) as of the close of business of the last business day of each calendar month, in accordance with the schedule below:
Advisory Fee Schedule. The Fund shall pay the Adviser, in arrears, a monthly investment advisory fee (hereinafter referred to as "Advisory Fee") based on the average daily total assets of the Fund (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) as of the close of business of the last business day of each calendar month, in accordance with the schedule below: 0.700% (70.0 basis points) annually The Adviser has also agreed to pay from its own assets additional compensation to Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. This additional compensation will be payable quarterly at the annual rate of 0.15% (15 basis points) (0.0375% quarterly) of the Fund's average weekly total assets (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) during the continuance of the Investment Advisory and Management Agreement between the Adviser and the Fund or other subsequent advisory agreements between these parties.
Advisory Fee Schedule. The Fund shall pay the Adviser, in arrears, a monthly investment advisory fee (hereinafter referred to as "Advisory Fee") based on the average daily total assets of the Fund (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) as of the close of business of the last business day of each calendar month, in accordance with the schedule below: 1. 00% (100.0 basis points) annually The Adviser has also agreed to pay from its own assets additional compensation to Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated ("Merrill"). This additional compensation will be payable quarterly in arrears at the annual rate of 0.15% (15 basis points) (0.0375% quarterly) of the Fund's average daily total assets (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) as of the close of business of the last business day of each calendar month, during the continuance of the Investment Advisory and Management Agreement between the Adviser and the Fund or other subsequent advisory agreements between these parties. The sum total of this fee, plus the amount of the expense reimbursement of $. per common share payable to the underwriters pursuant to the Purchase Agreement together with the fee paid to ALPS Distributors, Inc., shall not exceed % of the total price of the Fund's common shares offered by the Prospectus.
Advisory Fee Schedule. The Advisory Fee Schedule attached as Exhibit “B” to the Agreement is hereby replaced in its entirety by the attached Exhibit “B”.
Advisory Fee Schedule. The Fund shall pay the Adviser, in arrears, a monthly investment advisory fee (hereinafter referred to as "Advisory Fee") based on the average daily total assets of the Fund (including any assets attributable to any preferred shares that may be outstanding or otherwise attributable to the use of leverage) as of the close of business of the last business day of each calendar month, in accordance with the schedule below: 1.00% (100.0 basis points) annually The Adviser has also agreed to pay from its own assets to Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated ("Merrill") a fee for advice relating to the design and the organization of the Fund as well as services related to the sale and distribution of the Fund's common shares in an amount equal to 1.25% of the total price to the public of the common shares sold by the Fund under the Registration Statement. The sum total of this fee, plus the amount of the expense reimbursement of $.0067 per common share payable to the underwriters pursuant to the Purchase Agreement together with the fee paid to ALPS Distributors, Inc., shall not exceed 1.3842% of the total price of the Fund's common shares offered by the Prospectus.
Advisory Fee Schedule. Trust Portfolio Aggregate Net Assets Include the Net Assets of the following funds in addition to the Trust Portfolio Advisory Fee of the Trust Portfolio Global Absolute Return Strategies Fund N/A 1.300% --- first $200 million; 1.250% --- next $300 million; 1.200% --- next $2.5 billion*; and 1.150% --- excess over $3.0 billion. ** * If aggregate net assets exceed $500 million, but are less than or equal to $3.0 billion, the rate applies retroactively to all assets at or below $3.0 billion. ** If aggregate net assets exceed $3.0 billion, the following rates apply: 1.200% on the first $3.0 billion of assets and 1.150% on assets in excess of $3.0 billion.
