EXHIBIT 99.e1
AMENDED AND RESTATED DISTRIBUTION AGREEMENT
THIS DISTRIBUTION AGREEMENT is made and entered into this 1st day of May,
2005, by and between each of the open-end management investment companies listed
on SCHEDULE A, attached hereto, as of the dates noted on such SCHEDULE A,
together with all other open end management investment companies subsequently
established and made subject to this Agreement in accordance with SECTION 11
(the "Issuers") and AMERICAN CENTURY INVESTMENT SERVICES, INC. ("Distributor"),
a Delaware corporation.
WHEREAS, the common stock of each of the Issuers is currently divided into
a number of separate series of shares, or funds, each corresponding to a
distinct portfolio of securities, and many of which are also divided into
multiple classes of shares; and
WHEREAS, Distributor is a registered as a broker-dealer with the Securities
and Exchange Commission ("SEC") under the Securities Exchange Act of 1934 and is
a member of the National Association of Securities Dealers, Inc.; and
WHEREAS, American Century Investment Management, Inc. ("ACIM") is the
registered investment adviser to the Issuers; and
WHEREAS, the Boards of Directors and Boards of Trustees of the Funds
(collectively, the "Board") wish to engage the Distributor to act as the
distributor of the Funds;
NOW, THEREFORE, in consideration of the mutual promises set forth herein,
the parties agree as follows:
SECTION 1. GENERAL RESPONSIBILITIES
Each Issuer hereby engages Distributor to act as exclusive distributor of the
shares of each class of its separate series, and any other series and classes as
may be designated from time to time hereafter (the "Funds"). The Funds subject
to this Distribution Agreement are identified on SCHEDULE A, as the same may be
amended from time to time. Sales of a Fund's shares shall be made only to
investors residing in those states in which such Fund is registered. After
effectiveness of each Fund's registration statement, Distributor will hold
itself available to receive, as agent for the Funds, and will receive, by mail,
telex, telephone, and/or such other method as may be agreed upon between
Distributor and Issuers, orders for the purchase of Fund shares, and will accept
or reject such orders on behalf of the Funds in accordance with the provisions
of the applicable Fund's prospectus. Distributor will be available to transmit
such orders as are so accepted to the Fund's transfer agent as promptly as
possible for processing at the shares' net asset value next determined in
accordance with the prospectuses.
a. OFFERING PRICE. All shares sold by Distributor under this Agreement shall
be sold at the net asset value per share ("Net Asset Value") determined in
the manner described in each Fund's prospectus, as it may be amended from
time to time, next computed after the order is accepted by Distributor or
its agents or affiliates. Each Fund shall determine and
promptly furnish to Distributor a statement of the Net Asset Value of
shares of said Fund's series at least once on each day on which the Fund is
open for business, as described in its current prospectus.
b. PROMOTION SUPPORT. Each Fund shall furnish to Distributor for use in
connection with the sale of its shares such written information with
respect to said Fund as Distributor may reasonably request. Each Fund
represents and warrants that such information, when authenticated by the
signature of one of its officers, shall be true and correct. Each Fund
shall also furnish to Distributor copies of its reports to its shareholders
and such additional information regarding said Fund's financial condition
as Distributor may reasonably request. Any and all representations,
statements and solicitations respecting a Fund's shares made in
advertisements, sales literature and in any other manner whatsoever shall
be limited to and conform in all respects to the information provided
hereunder.
c. REGULATORY COMPLIANCE. Each Fund shall furnish to Distributor copies of its
current form of prospectus, as filed with the SEC, in such quantity as
Distributor may reasonably request from time to time, and authorizes
Distributor to use the prospectus in connection with the sale of such
Fund's shares. All such sales shall be initiated by offer of, and conducted
in accordance with, such prospectus and all of the provisions of the
Securities Act of 1933, the Investment Company Act of 1940 ("1940 Act") and
all the rules and regulations thereunder. Distributor shall furnish
applicable federal and state regulatory authorities with any information or
reports related to its services under this Agreement which such authorities
may lawfully request in order to ascertain whether the Funds' operations
are being conducted in a manner consistent with any applicable law or
regulations.
d. ACCEPTANCE. All orders for the purchase of its shares are subject to
acceptance by each Fund.
SECTION 2. COMPENSATION
a. INVESTOR CLASS, INSTITUTIONAL CLASS, CLASS I AND CLASS III SHARES. Except
for the promises of the Funds contained in this Agreement and their
performance thereof, Distributor shall not be entitled to compensation for
its services hereunder with respect to the Investor Class, Institutional
Class, Class I or Class III Classes of shares.
b. ADVISOR CLASS SHARES. For the services provided and expenses incurred by
Distributor as described in SECTION 2 AND SECTION 3 of the Master
Distribution and Shareholder Services Plan adopted by the Board with
respect to the Advisor Class of such Funds, Distributor shall be
compensated by ACIM, not by the Funds.
c. C CLASS SHARES. For the services provided and expenses incurred by
Distributor as described in SECTION 2 AND SECTION 3 of the Master
Distribution and Individual Shareholder Services Plan adopted by the Board
with respect to the C Class of such Funds, Distributor shall be compensated
by ACIM, not by the Funds.
d. CLASS II SHARES. For the services provided and expenses incurred by
Distributor as
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described in SECTION 2 of the Master Distribution Plan adopted by the Board
with respect to the Class II Funds, Distributor shall be compensated by
ACIM, not by the funds.
e. A CLASS SHARES. For the services provided and expenses incurred by
Distributor as described in SECTION 2 AND SECTION 3 of the Master
Distribution and Individual Shareholder Services Plan adopted by the Board
with respect to the A Class of such Funds, Distributor shall be compensated
by ACIM, not by the Funds.
f. B CLASS SHARES. For the services provided and expenses incurred by
Distributor as described in SECTION 2 AND SECTION 3 of the Master
Distribution and Individual Shareholder Services Plan adopted by the Board
with respect to the B Class of such Funds, Distributor shall be compensated
by ACIM, not by the Funds.
g. C CLASS II SHARES. For the services provided and expenses incurred by
Distributor as described in SECTION 2 AND SECTION 3 of the Master
Distribution and Individual Shareholder Services Plan adopted by the Board
with respect to the C Class II of such Funds, Distributor shall be
compensated by ACIM, not by the Funds.
SECTION 3. EXPENSES
a. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution and Shareholder Services
Plan, dated as of September 3, 1996, with respect to the Advisor Class of
the Funds' shares, including, but not limited to (A) payment of sales
commission, ongoing commissions and other payments to brokers, dealers,
financial institutions or others who sell Advisor Class shares pursuant to
Selling Agreements; (B) compensation to registered representatives or other
employees of Distributor who engage in or support distribution of the
Funds' Advisor Class shares; (C) compensation to, and expenses (including
overhead and telephone expenses) of, Distributor; (D) the printing of
prospectuses, statements of additional information and reports for other
than existing shareholders; (E) the preparation, printing and distribution
of sales literature and advertising materials provided to the Funds'
shareholders and prospective shareholders; (F) receiving and answering
correspondence from prospective shareholders, including distributing
prospectuses, statements of additional information, and shareholder
reports; (G) the providing of facilities to answer questions from
prospective investors about Fund shares; (H) complying with federal and
state securities laws pertaining to the sale of Fund shares; (I) assisting
investors in completing application forms and selecting dividend and other
account options; (J) the providing of other reasonable assistance in
connection with the distribution of Fund shares; (K) the organizing and
conducting of sales seminars and payments in the form of transactional
compensation or promotional incentives; (L) profit on the foregoing; (M)
the payment of "service fees", as contemplated by the Rules of Fair
Practice of the National Association of Securities Dealers , Inc.; and (N)
such other distribution and services activities as the Issuers determine
may be paid for by the Issuers pursuant to the terms of this Agreement and
in accordance with Rule 12b-1 of the 1940 Act.
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b. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the applicable Master Distribution and
Individual Shareholder Services Plan, dated as of September 16, 2000 for
certain funds and dated as of March 1, 2001 for certain other funds, both
to be effective as of May 1, 2001, with respect to the C Class of the
Funds' shares, including, but not limited to (A) payment of sales
commission, ongoing commissions and other payments to brokers, dealers,
financial institutions or others who sell C Class shares pursuant to
Selling Agreements; (B) compensation to registered representatives or other
employees of Distributor who engage in or support distribution of the
Funds' C Class shares; (C) compensation to, and expenses (including
overhead and telephone expenses) of, Distributor; (D) the printing of
prospectuses, statements of additional information and reports for other
than existing shareholders; (E) the preparation, printing and distribution
of sales literature and advertising materials provided to the Funds'
shareholders and prospective shareholders; (F) receiving and answering
correspondence from prospective shareholders, including distributing
prospectuses, statements of additional information, and shareholder
reports; (G) the providing of facilities to answer questions from
prospective investors about Fund shares; (H) complying with federal and
state securities laws pertaining to the sale of Fund shares; (I) assisting
investors in completing application forms and selecting dividend and other
account options; (J) the providing of other reasonable assistance in
connection with the distribution of Fund shares; (K) the organizing and
conducting of sales seminars and payments in the form of transactional
compensation or promotional incentives; (L) profit on the foregoing; (M)
the payment of "service fees", as contemplated by the Rules of Fair
Practice of the National Association of Securities Dealers, Inc.; and (N)
such other distribution and services activities as the Issuers determine
may be paid for by the Issuers pursuant to the terms of this Agreement and
in accordance with Rule 12b-1 of the 1940 Act.
c. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution Plan, dated as of May
18, 2001, with respect to the Class II Funds, including, but not limited to
(A) payment of sales commission, ongoing commissions and other payments to
brokers, dealers, financial institutions or others who sell Class II Funds
pursuant to Selling Agreements; (B) compensation to registered
representatives or other employees of Distributor who engage in or support
distribution of the Class II Funds' shares; (C) compensation to, and
expenses (including overhead and telephone expenses) of, Distributor; (D)
the printing of prospectuses, statements of additional information and
reports for other than existing shareholders; (E) the preparation, printing
and distribution of sales literature and advertising materials provided to
the Class II Funds' shareholders and prospective shareholders; (F)
receiving and answering correspondence from prospective shareholders,
including distributing prospectuses, statements of additional information,
and shareholder reports; (G) the providing of facilities to answer
questions from prospective investors about Class II Fund shares; (H)
complying with federal and state securities laws pertaining to the sale of
Class II Fund shares; (I) assisting investors in completing application
forms and selecting dividend and other account options; (J) the
4
providing of other reasonable assistance in connection with the
distribution of Class II Fund shares; (K) the organizing and conducting of
sales seminars and payments in the form of transactional compensation or
promotional incentives; (L) profit on the foregoing; (M) the payment of
"service fees", as contemplated by the Rules of Fair Practice of the
National Association of Securities Dealers, Inc.; and (N) such other
distribution and services activities as the Issuer determines may be paid
for by the Issuer pursuant to the terms of this Agreement and in accordance
with Rule 12b-1 of the 1940 Act.
d. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution and Individual
Shareholder Services Plan, dated as of September 3, 2002, with respect to
the A Class shares of the Funds, including, but not limited to (A) payment
of sales commission, ongoing commissions and other payments to brokers,
dealers, financial institutions or others who sell A Class shares pursuant
to Selling Agreements; (B) compensation to registered representatives or
other employees of Distributor who engage in or support distribution of the
Funds' A Class shares; (C) compensation to, and expenses (including
overhead and telephone expenses) of, Distributor; (D) the printing of
prospectuses, statements of additional information and reports for other
than existing shareholders; (E) the preparation, printing and distribution
of sales literature and advertising materials provided to the Funds'
shareholders and prospective shareholders; (F) receiving and answering
correspondence from prospective shareholders, including distributing
prospectuses, statements of additional information, and shareholder
reports; (G) the providing of facilities to answer questions from
prospective investors about Fund shares; (H) complying with federal and
state securities laws pertaining to the sale of Fund shares; (I) assisting
investors in completing application forms and selecting dividend and other
account options; (J) the providing of other reasonable assistance in
connection with the distribution of Fund shares; (K) the organizing and
conducting of sales seminars and payments in the form of transactional
compensation or promotional incentives; (L) profit on the foregoing; (M)
the payment of "service fees", as contemplated by the Rules of Fair
Practice of the National Association of Securities Dealers, Inc.; and (N)
such other distribution and services activities as the Issuers determine
may be paid for by the Issuers pursuant to the terms of this Agreement and
in accordance with Rule 12b-1 of the 1940 Act.
e. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution and Individual
Shareholder Services Plan, dated as of September 3, 2002, with respect to
the B Class shares of the Funds, including, but not limited to (A) payment
of sales commission, ongoing commissions and other payments to brokers,
dealers, financial institutions or others who sell B Class shares pursuant
to Selling Agreements; (B) compensation to registered representatives or
other employees of Distributor who engage in or support distribution of the
Funds' B Class shares; (C) compensation to, and expenses (including
overhead and telephone expenses) of, Distributor; (D) the printing of
prospectuses, statements of additional information and reports for other
than existing shareholders; (E) the preparation, printing and distribution
of sales literature and
5
advertising materials provided to the Funds' shareholders and prospective
shareholders; (F) receiving and answering correspondence from prospective
shareholders, including distributing prospectuses, statements of additional
information, and shareholder reports; (G) the providing of facilities to
answer questions from prospective investors about Fund shares; (H)
complying with federal and state securities laws pertaining to the sale of
Fund shares; (I) assisting investors in completing application forms and
selecting dividend and other account options; (J) the providing of other
reasonable assistance in connection with the distribution of Fund shares;
(K) the organizing and conducting of sales seminars and payments in the
form of transactional compensation or promotional incentives; (L) profit on
the foregoing; (M) the payment of "service fees", as contemplated by the
Rules of Fair Practice of the National Association of Securities Dealers,
Inc.; and (N) such other distribution and services activities as the
Issuers determine may be paid for by the Issuers pursuant to the terms of
this Agreement and in accordance with Rule 12b-1 of the 1940 Act.
f. Distributor or one of its affiliates or designees shall pay all expenses
incurred by it in connection with the performance of its distribution
duties hereunder and under the Master Distribution and Individual
Shareholder Services Plan, dated as of September 3, 2002, with respect to
the C Class II shares of the Funds, including, but not limited to (A)
payment of sales commission, ongoing commissions and other payments to
brokers, dealers, financial institutions or others who sell C Class II
shares pursuant to Selling Agreements; (B) compensation to registered
representatives or other employees of Distributor who engage in or support
distribution of the Funds' C Class II shares; (C) compensation to, and
expenses (including overhead and telephone expenses) of, Distributor; (D)
the printing of prospectuses, statements of additional information and
reports for other than existing shareholders; (E) the preparation, printing
and distribution of sales literature and advertising materials provided to
the Funds' shareholders and prospective shareholders; (F) receiving and
answering correspondence from prospective shareholders, including
distributing prospectuses, statements of additional information, and
shareholder reports; (G) the providing of facilities to answer questions
from prospective investors about Fund shares; (H) complying with federal
and state securities laws pertaining to the sale of Fund shares; (I)
assisting investors in completing application forms and selecting dividend
and other account options; (J) the providing of other reasonable assistance
in connection with the distribution of Fund shares; (K) the organizing and
conducting of sales seminars and payments in the form of transactional
compensation or promotional incentives; (L) profit on the foregoing; (M)
the payment of "service fees", as contemplated by the Rules of Fair
Practice of the National Association of Securities Dealers, Inc.; and (N)
such other distribution and services activities as the Issuers determine
may be paid for by the Issuers pursuant to the terms of this Agreement and
in accordance with Rule 12b-1 of the 1940 Act.
g. In addition to paying the above expenses with respect to the Advisor Class,
C Class, Class II, Class A, Class B and Class C II, Distributor or an
affiliate shall pay all expenses incurred with respect to the Funds' other
classes in connection with their registration under the Securities Act of
1933 and the 1940 Act, the qualification of such shares for sale in each
jurisdiction designated by ACIM, the issue and transfer of such shares
6
(including the expenses of confirming purchase and redemption orders and of
supplying the information, prices and other data to be furnished by the
Funds under this Agreement), the registration of Distributor as a broker,
and the registration and qualification of its officers, directors and
representatives under applicable federal and state laws.
SECTION 4. INDEPENDENT CONTRACTOR
Distributor shall be an independent contractor. Neither Distributor nor any of
its officers, trustees, employees or representatives is or shall be an employee
of a Fund in connection with the performance of Distributor's duties hereunder.
Distributor shall be responsible for its own conduct and the employment,
control, compensation and conduct of its agents and employees, and for any
injury to such agents or employees or to others through its agents and
employees. Any obligations of Distributor hereunder may be performed by one or
more affiliates of Distributor.
SECTION 5. AFFILIATION WITH THE FUNDS
Subject to and in accordance with each Fund's formative documents and Section 10
of the 1940 Act, it is understood: that the directors, officers, agents and
shareholders of the Funds are or may be interested in Distributor as directors,
officers, or shareholders of Distributor; that directors, officers, agents or
shareholders of Distributor are or may be interested in the Funds as directors,
officers, shareholders (directly or indirectly) or otherwise; and that the
effect of any such interest shall be governed by the 1940 Act and SECTION 4.
SECTION 6. BOOKS AND RECORDS
It is expressly understood and agreed that all documents, reports, records,
books, files and other materials ("Fund Records") relating to this Agreement and
the services to be performed hereunder shall be the sole property of the Funds
and that such property, to the extent held by Distributor, shall be held by
Distributor as agent during the effective term of this Agreement. All Fund
Records shall be delivered to the applicable Fund upon the termination of this
Agreement, free from any claim or retention of rights by Distributor.
SECTION 7. SERVICES NOT EXCLUSIVE
The services of Distributor to the Funds hereunder are not to be deemed
exclusive, and Distributor shall be free to render similar services to others.
7
SECTION 8. RENEWAL AND TERMINATION
a. TERM AND ANNUAL RENEWAL. The term of this Agreement shall be from the date
of its approval by the vote of a majority of the Board of each Issuer, and
it shall continue in effect from year to year thereafter only so long as
such continuance is specifically approved at least annually by the vote of
a majority of its Board, and the vote of a majority of said directors who
are neither parties to the Agreement nor interested persons of any such
party, cast at a meeting called for the purpose of voting on such approval.
"Approved at least annually" shall mean approval occurring, with respect to
the first continuance of the Agreement, during the 90 days prior to and
including the date of its termination in the absence of such approval, and
with respect to any subsequent continuance, during the 90 days prior to and
including the first anniversary of the date upon which the most recent
previous annual continuance of the Agreement became effective. The
effective date of the Agreement with respect to each Fund is identified in
the Schedules attached to this Agreement.
b. TERMINATION. This Agreement may be terminated at any time, without payment
of any penalty, by a Fund's Board, upon 60 days' written notice to
Distributor, and by Distributor upon 60 days' written notice to the Fund.
This Agreement shall terminate automatically in the event of its
assignment. The term "assignment" shall have the meaning set forth for such
term in Section 2(a)(4) of the 1940 Act.
SECTION 9. SEVERABILITY
If any provision of this Agreement shall be held or made invalid by a court
decision, statute, rule or similar authority, the remainder of this Agreement
shall not be affected thereby.
SECTION 10. APPLICABLE LAW
This Agreement shall be construed in accordance with the laws of the State of
Missouri.
SECTION 11. AMENDMENT
This Agreement and the Schedules forming a part hereof may be amended at any
time by a writing signed by each of the parties hereto. In the event that the
Board of any additional funds indicate by resolution that such funds are to be
made parties to this Agreement, whether such funds were in existence at the time
of the effective date of this Agreement or subsequently formed, SCHEDULE A
hereto shall be amended to reflect the addition of such new funds and such new
funds shall thereafter become parties hereto. In the event that such new funds
issue multiple classes of shares, SCHEDULES B, C, D, E, F, G, H, I, J AND K, as
appropriate, shall be amended to reflect the addition of such new funds'
classes. In the event that any of the Funds listed on SCHEDULE A terminates its
registration as a management investment company, or otherwise ceases operations,
SCHEDULE A (and, as appropriate, SCHEDULES X, X, X, X, X,
0
X, X, X, X AND K) shall be amended to reflect the deletion of such Fund and its
various classes.
AMERICAN CENTURY INVESTMENT SERVICES, INC.
By: /s/ Xxxxx X. Xxxxxx
--------------------------------------------
Xxxxx X. Xxxxxx
Senior Vice President
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY GOVERNMENT INCOME TRUST
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
AMERICAN CENTURY INVESTMENT TRUST
AMERICAN CENTURY MUNICIPAL TRUST
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
AMERICAN CENTURY TARGET MATURITIES TRUST
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxxx
--------------------------------------------
Xxxxxxx X. Xxxxxxxxxxx
Vice President
9
SCHEDULE A
COMPANIES AND FUNDS COVERED BY THIS DISTRIBUTION AGREEMENT
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
>>California High-Yield Municipal Fund March 13, 2000
>>California Tax-Free Money Market Fund March 13, 2000
>>California Limited-Term Tax-Free Fund March 13, 2000
>>California Intermediate-Term Tax-Free Fund March 13, 2000
>>California Long-Term Tax-Free Fund March 13, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund March 13, 2000
>>Real Estate Fund March 13, 2000
>>Value Fund March 13, 2000
>>Small Cap Value Fund March 13, 2000
>>Equity Index Fund March 13, 2000
>>Large Company Value Fund March 13, 2000
>>Mid Cap Value Fund February 27, 2004
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>>Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
>>Government Agency Money Market Fund March 13, 2000
>>Short-Term Government Fund March 13, 2000
>>Xxxxxx Xxx Fund (formerly GNMA Fund) March 13, 2000
>>Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
>>Capital Preservation Fund March 13, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>>International Bond Fund March 13, 2000
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund March 13, 2000
>>Diversified Bond Fund August 1, 2001
>>Premium Money Market Fund August 1, 2001
>>High-Yield Fund July 1, 2002
>>Inflation Protection Bond Fund May 1, 2005
AMERICAN CENTURY MUNICIPAL TRUST
>>Arizona Municipal Bond Fund (formerly Arizona March 13, 2000
Intermediate-Term Municipal Fund)
>>Florida Municipal Bond Fund (formerly Florida March 13, 2000
Intermediate-Term Municipal Fund)
>>Tax-Free Money Market Fund March 13, 2000
>>Tax-Free Bond (formerly Intermediate-Term Tax-Free Fund) March 13, 2000
>>High-Yield Municipal Fund March 13, 2000
page A-1
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Balanced Fund March 13, 2000
>>Growth Fund March 13, 2000
>>Heritage Fund March 13, 2000
>>Select Fund March 13, 2000
>>Ultra Fund March 13, 2000
>>Vista Fund March 13, 2000
>>Giftrust Fund March 13, 2000
>>New Opportunities Fund March 13, 2000
>>Capital Value Fund March 13, 2000
>>Veedot Fund March 13, 2000
>>Veedot Large-Cap Fund March 13, 2000
>>New Opportunities II Fund May 1, 2001
>>Capital Growth Fund February 27, 2004
>>Focused Growth Fund February 24, 2005
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Equity Growth Fund May 1, 2004
>>Income & Growth Fund May 1, 2004
>>Global Gold Fund May 1, 2004
>>Utilities Fund May 1, 2004
>>Small Company Fund May 1, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund March 13, 2000
>>Strategic Allocation: Conservative Fund March 13, 2000
>>Strategic Allocation: Moderate Fund March 13, 2000
>>Xxxxxx Fund August 29, 2003
AMERICAN CENTURY TARGET MATURITIES TRUST
>>Target 2005 Fund March 13, 2000
>>Target 2010 Fund March 13, 2000
>>Target 2015 Fund March 13, 2000
>>Target 2020 Fund March 13, 2000
>>Target 2025 Fund March 13, 2000
>>Target 2030 Fund December 18, 2000
page A-2
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP Balanced Fund March 13, 2000
>>VP Capital Appreciation Fund March 13, 2000
>>VP International Fund March 13, 2000
>>VP Income & Growth Fund March 13, 2000
>>VP Value Fund March 13, 2000
>>VP Equity Index Fund December 1, 2000
>>VP Growth Fund December 1, 2000
>>VP Ultra Fund December 1, 2000
>>VP Vista Fund December 1, 2000
>>VP Global Growth Fund December 1, 2000
>>VP Large Company Value Fund December 31, 2002
>>VP Mid Cap Value Fund February 27, 2004
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
>>VP Inflation Protection Fund December 31, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>Emerging Markets Fund March 13, 2000
>>International Growth Fund March 13, 2000
>>International Discovery Fund March 13, 2000
>>Global Growth Fund March 13, 2000
>>Life Sciences Fund June 1, 2000
>>Technology Fund June 1, 2000
>>International Opportunities Fund May 1, 2001
>>European Growth Fund May 1, 2001
>>International Stock Fund February 24, 2005
page A-3
SCHEDULE B
INVESTOR CLASS FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
>>California High-Yield Municipal Fund March 13, 2000
>>California Tax-Free Money Market Fund March 13, 2000
>>California Limited-Term Tax-Free Fund March 13, 2000
>>California Intermediate-Term Tax-Free Fund March 13, 2000
>>California Long-Term Tax-Free Fund March 13, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund March 13, 2000
>>Real Estate Fund March 13, 2000
>>Value Fund March 13, 2000
>>Small Cap Value Fund March 13, 2000
>>Equity Index Fund March 13, 2000
>>Large Company Value Fund March 13, 2000
>>Mid Cap Value Fund February 27, 2004
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>>Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
>>Government Agency Money Market Fund March 13, 2000
>>Short-Term Government Fund March 13, 2000
>>Xxxxxx Mae Fund (formerly GNMA Fund) March 13, 2000
>>Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
>>Capital Preservation Fund March 13, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>>International Bond Fund March 13, 2000
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund March 13, 2000
>>Diversified Bond Fund August 1, 2001
>>Premium Money Market Fund August 1, 2001
>>High-Yield Fund July 1, 2002
>>Inflation Protection Bond Fund May 1, 2005
page B-1
AMERICAN CENTURY MUNICIPAL TRUST
>>Arizona Municipal Bond Fund (formerly Arizona March 13, 2000
Intermediate-Term Municipal Fund)
>>Florida Municipal Bond Fund (formerly Florida March 13, 2000
Intermediate-Term Municipal Fund)
>>Tax-Free Money Market Fund March 13, 2000
>>Tax-Free Bond (formerly Intermediate-Term Tax-Free Fund) March 13, 2000
>>High-Yield Municipal Fund March 13, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Balanced Fund March 13, 2000
>>Growth Fund March 13, 2000
>>Heritage Fund March 13, 2000
>>Select Fund March 13, 2000
>>Ultra Fund March 13, 2000
>>Vista Fund March 13, 2000
>>Giftrust March 13, 2000
>>New Opportunities Fund March 13, 2000
>>Capital Value Fund March 13, 2000
>>Veedot Fund March 13, 2000
>>Veedot Large-Cap Fund March 13, 2000
>>New Opportunities II Fund May 1, 2001
>>Focued Growth Fund February 24, 2005
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Equity Growth Fund May 1, 2004
>>Income & Growth Fund May 1, 2004
>>Global Gold Fund May 1, 2004
>>Utilities Fund May 1, 2004
>>Small Company Fund May 1, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund March 13, 2000
>>Strategic Allocation: Conservative Fund March 13, 2000
>>Strategic Allocation: Moderate Fund March 13, 2000
>>Xxxxxx Fund August 29, 2003
AMERICAN CENTURY TARGET MATURITIES TRUST
>>Target 2005 Fund March 13, 2000
>>Target 2010 Fund March 13, 2000
>>Target 2015 Fund March 13, 2000
>>Target 2020 Fund March 13, 2000
>>Target 2025 Fund March 13, 2000
>>Target 2030 Fund December 18, 2000
page B-2
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP Balanced Fund March 13, 2000
>>VP Capital Appreciation Fund March 13, 2000
>>VP International Fund March 13, 2000
>>VP Income & Growth Fund March 13, 2000
>>VP Value Fund March 13, 2000
>>VP Equity Index Fund December 1, 2000
>>VP Growth Fund December 1, 2000
>>VP Ultra Fund December 1, 2000
>>VP Vista Fund December 1, 2000
>>VP Global Growth Fund December 1, 2000
>>VP Large Company Value Fund December 31, 2002
>>VP Mid Cap Value Fund February 27, 2004
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
>>VP Inflation Protection Fund December 31, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>Emerging Markets Fund March 13, 2000
>>International Growth Fund March 13, 2000
>>International Discovery Fund March 13, 2000
>>Global Growth Fund March 13, 2000
>>Life Sciences Fund June 1, 2000
>>Technology Fund June 1, 2000
>>International Opportunities Fund May 1, 2001
>>European Growth Fund May 1, 2001
>>International Stock Fund February 24, 2005
page B-3
SCHEDULE C
INSTITUTIONAL CLASS FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund March 13, 2000
>>Real Estate Fund March 13, 2000
>>Value Fund March 13, 2000
>>Small Cap Value Fund March 13, 2000
>>Equity Index Fund March 13, 2000
>>Large Company Value Fund March 13, 2000
>>Mid Cap Value Fund August 1, 2004
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Balanced Fund March 13, 2000
>>Growth Fund March 13, 2000
>>Heritage Fund March 13, 2000
>>Select Fund March 13, 2000
>>Ultra Fund March 13, 2000
>>Vista Fund March 13, 2000
>>Capital Value Fund March 13, 2000
>>Veedot Fund March 13, 2000
>>Veedot Large-Cap Fund March 13, 2000
>>New Opportunities II Fund May 1, 2001
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Equity Growth Fund May 1, 2004
>>Income & Growth Fund May 1, 2004
>>Small Company Fund May 1, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund June 1, 2000
>>Strategic Allocation: Conservative Fund June 1, 2000
>>Strategic Allocation: Moderate Fund June 1, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>Emerging Markets Fund March 13, 2000
>>International Growth Fund March 13, 2000
>>International Discovery Fund March 13, 2000
>>Global Growth Fund March 13, 2000
>>Life Sciences Fund June 1, 2000
>>Technology Fund June 1, 2000
>>International Opportunities Fund May 1, 2001
>>European Growth Fund May 1, 2001
page C-1
AMERICAN CENTURY INVESTMENT TRUST
>>Diversified Bond Fund August 1, 2001
>>High-Yield Fund August 1, 2004
>>Inflation Protection Bond Fund May 1, 2005
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>>Inflation-Adjusted Bond Fund March 1, 2002
AMERICAN CENTURY MUNICIPAL TRUST
>>Tax-Free Bond Fund December 31, 2002
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>>International Bond Fund August 1, 2004
page C-2
SCHEDULE D
ADVISOR CLASS FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund March 13, 2000
>>Value Fund March 13, 2000
>>Real Estate Fund March 13, 2000
>>Small Cap Value Fund March 13, 2000
>>Large Company Value Fund March 13, 2000
>>Mid Cap Value Fund August 1, 2004
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>>Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
>>Government Agency Money Market Fund March 13, 2000
>>Short-Term Government Fund March 13, 2000
>>Xxxxxx Mae Fund (formerly GNMA Fund) March 13, 2000
>>Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
>>International Bond Fund March 13, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Balanced Fund March 13, 2000
>>Growth Fund March 13, 2000
>>Heritage Fund March 13, 2000
>>Select Fund March 13, 2000
>>Ultra Fund March 13, 2000
>>Vista Fund March 13, 2000
>>Capital Value Fund March 13, 2000
>>Veedot Fund March 13, 2000
>>Veedot Large-Cap Fund March 13, 2000
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Equity Growth Fund May 1, 2004
>>Income & Growth Fund May 1, 2004
>>Global Gold Fund May 1, 2004
>>Utilities Fund May 1, 2004
>>Small Company Fund May 1, 2004
page D-1
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund March 13, 2000
>>Strategic Allocation: Conservative Fund March 13, 2000
>>Strategic Allocation: Moderate Fund March 13, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
>>Target 2005 Fund March 13, 2000
>>Target 2010 Fund March 13, 2000
>>Target 2015 Fund March 13, 2000
>>Target 2020 Fund March 13, 2000
>>Target 2025 Fund March 13, 2000
>>Target 2030 Fund December 18, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>Emerging Markets Fund March 13, 2000
>>International Growth Fund March 13, 2000
>>International Discovery Fund March 13, 2000
>>Global Growth Fund March 13, 2000
>>Life Sciences Fund June 1, 2000
>>Technology Fund June 1, 2000
>>European Growth Fund May 1, 2001
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund March 13, 2000
>>Diversified Bond Fund August 1, 2001
>>High-Yield Fund July 1, 2002
page D-2
SCHEDULE E
C CLASS FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
>>California High-Yield Municipal Fund May 1, 2001
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund May 1, 2001
>>Value Fund May 1, 2001
>>Small Cap Value Fund May 1, 2001
>>Large Company Value Fund May 1, 2001
AMERICAN CENTURY GOVERNMENT INCOME TRUST
>>Xxxxxx Xxx Fund (formerly GNMA Fund) May 1, 2001
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund May 1, 2001
>>High-Yield Fund July 1, 2002
>>Diversified Bond Fund September 3, 2002
>>Inflation Protection Bond Fund May 1, 2005
AMERICAN CENTURY MUNICIPAL TRUST
>>High-Yield Municipal Fund May 1, 2001
>>Arizona Municipal Bond Fund February 27, 2004
>>Florida Municipal Bond Fund February 27, 2004
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Growth Fund May 1, 2001
>>Ultra Fund May 1, 2001
>>Vista Fund May 1, 2001
>>Heritage Fund May 1, 2001
>>Capital Growth Fund February 27, 2004
>>New Opportunities II Fund September 3, 2002
>>Select Fund September 3, 2002
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Equity Growth Fund May 1, 2004
>>Income & Growth Fund May 1, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund May 1, 2001
>>Strategic Allocation: Moderate Fund May 1, 2001
>>Strategic Allocation: Conservative Fund September 30, 2004
AMERICAN CENTURY TARGET MATURITIES TRUST
>>Target 2030 Fund May 1, 2001
page E-1
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>International Growth Fund May 1, 2001
>>Global Growth Fund May 1, 2001
>>Life Sciences Fund May 1, 2001
>>Technology Fund May 1, 2001
>>Emerging Markets Fund May 1, 2001
>>European Growth Fund May 1, 2001
page E-2
SCHEDULE F
CLASS I FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP Balanced Fund March 13, 2000
>>VP Capital Appreciation Fund March 13, 2000
>>VP International Fund March 13, 2000
>>VP Income & Growth Fund March 13, 2000
>>VP Value Fund March 13, 2000
>>VP Equity Index Fund December 1, 2000
>>VP Growth Fund December 1, 2000
>>VP Ultra Fund December 1, 2000
>>VP Vista Fund December 1, 2000
>>VP Global Growth Fund December 1, 2000
>>VP Mid Cap Value Fund February 27, 2004
page F-1
SCHEDULE G
CLASS II FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP International Fund May 24, 2001
>>VP Income & Growth Fund May 24, 2001
>>VP Value Fund May 24, 2001
>>VP Ultra Fund May 24, 2001
>>VP Large Company Value Fund December 31, 2002
>>VP Mid Cap Value Fund February 27, 2004
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
>>VP Inflation Protection Fund December 31, 2002
page G-1
SCHEDULE H
CLASS III FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP International Fund March 6, 2002
>>VP Income & Growth Fund March 6, 2002
>>VP Value Fund March 6, 2002
>>VP Ultra Fund March 6, 2002
page H-1
SCHEDULE I
CLASS A FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Select Fund September 3, 2002
>>New Opportunities II Fund September 3, 2002
>>Capital Growth Fund February 27, 2004
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Value Fund September 3, 2002
>>Large Company Value Fund September 3, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>International Growth Fund September 3, 2002
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund September 3, 2002
>>Diversified Bond Fund September 3, 2002
>>High-Yield Fund September 3, 2002
>>Inflation Protection Bond Fund May 1, 2005
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
>>California High-Yield Municipal Fund September 3, 2002
AMERICAN CENTURY MUNICIPAL TRUST
>>High-Yield Municipal Fund September 3, 2002
>>Arizona Municipal Bond Fund February 27, 2004
>>Florida Municipal Bond Fund February 27, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund September 30, 2004
>>Strategic Allocation: Moderate Fund September 30, 2004
>>Strategic Allocation: Conservative Fund September 30, 2004
page I-1
SCHEDULE J
CLASS B FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Select Fund September 3, 2002
>>New Opportunities II Fund September 3, 2002
>>Capital Growth Fund February 24, 2004
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Value Fund September 3, 2002
>>Large Company Value Fund September 3, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>International Growth Fund September 3, 2002
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund September 3, 2002
>>Diversified Bond Fund September 3, 2002
>>High-Yield Fund September 3, 2002
>>Inflation Protection Bond Fund May 1, 2005
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
>>California High-Yield Municipal Fund September 3, 2002
AMERICAN CENTURY MUNICIPAL TRUST
>>High-Yield Municipal Fund September 3, 2002
>>Arizona Municipal Bond Fund February 27, 2004
>>Florida Municipal Bond Fund February 27, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Aggressive Fund September 30, 2004
>>Strategic Allocation: Moderate Fund September 30, 2004
>>Strategic Allocation: Conservative Fund September 30, 2004
page J-1
SCHEDULE K
CLASS C II FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Select Fund September 3, 2002
>>New Opportunities II Fund September 3, 2002
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Value Fund September 3, 2002
>>Large Company Value Fund September 3, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>International Growth Fund September 3, 2002
AMERICAN CENTURY INVESTMENT TRUST
>>Prime Money Market Fund September 3, 2002
>>Diversified Bond Fund September 3, 2002
>>High-Yield Fund September 3, 2002
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
>>California High-Yield Municipal Fund September 3, 2002
AMERICAN CENTURY MUNICIPAL TRUST
>>High-Yield Municipal Fund September 3, 2002
page K-1
SCHEDULE L
R CLASS FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
>>Growth Fund August 29, 2003
>>Ultra Fund August 29, 2003
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
>>Equity Income Fund August 29, 2003
>>Large Company Value Fund August 29, 2003
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
>>International Growth Fund August 29, 2003
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC.
>>Income & Growth Fund May 1, 2004
>>Small Company Fund May 1, 2004
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
>>Strategic Allocation: Moderate Fund August 29, 2003
>>Strategic Allocation: Conservative Fund February 24, 2005
>>Strategic Allocation: Aggressive Fund February 24, 2005
AMERICAN CENTURY INVESTMENT TRUST
>>Inflation Protection Bond Fund May 1, 2005
page L-1
SCHEDULE M
CLASS IV FUNDS
FUND DATE OF AGREEMENT
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
>>VP International Fund February 27, 2004
page M-1
