Common use of Certain Operational Matters Clause in Contracts

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ dividend payables and dividend factors. (d) Assist the Client’s transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client. (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider. (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund, and provide compliance monitoring services with respect to such procedures as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records. (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client and the Funds on their regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. (i) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations. (j) Monitor wash sales annually. (k) Prepare informational schedules for use by the Client’s auditors in connection with such auditor’s preparation of the Client’s tax returns (l) Coordinate with independent auditors concerning the Client’s regular annual audit. (n) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print of prospectuses and semi-annual and annual reports to Shareholders. (o) Provide support for the Annual Prospectus Update, including, but not limited to, providing the required financial information for the filings.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person that is specifically designated on the list of Authorized Persons approved by the Board for particular functions and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ ' non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ Fund’s dividend payables and dividend factors.; (d) Assist Coordinate and assist the Client’s Funds’ transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client.Shareholders; (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider.; (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund to monitor compliance with the 1940 Act and other relevant regulations, each Fund’s investment objective, policies, restrictions, tax diversification, distribution and income requirements and provide daily and periodic compliance monitoring services with respect to such procedures and as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records.; (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client Client and the Funds on their the Funds’ regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. In connection with the foregoing, prepare and send quarterly reminder letters related to such status, and prepare quarterly compliance checklist for use by investment advisers, if requested; (h) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: i. daily liquidity classifications of portfolio securities held by the Fund; ii. daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); iii. daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and iv. monthly liquidity classification of portfolio securities on Form N-PORT. (i) Rule 18f-4 Support for Funds relying on “Limited Derivatives User” Exemption (Lite) i. Daily monitoring and reporting of derivative exposure levels ii. Monthly exposure calculation reporting on Form N-PORT (Item B.9) (j) Rule 18f-4 Support for Non-Exempt Funds (Standard) i. Daily value at risk (VaR) calculations and reporting ii. Monthly VaR reporting on Form N-PORT (Item B.10) iii. VaR stress testing and back testing iv. Form N-RN filing coordination, ad hoc, as directed by the client (k) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations, including making available personnel to respond and to provide documents; (l) Provide assistance and guidance to the Client with respect to matters governed by or related to regulatory requirements and developments including: monitoring regulatory and legislative developments which may affect the Funds and assisting in strategic planning in response thereto. (jm) Monitor wash sales annually.; (kn) Prepare informational schedules for use by the Client’s Funds’ auditors in connection with such auditor’s 's preparation of the ClientFunds’ tax returns and coordinate filing of the Fund’s tax returns; (lo) Coordinate with independent auditors concerning the Client’s Funds’ regular annual audit.; (np) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, reports (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print and printing of prospectuses and semi-annual and annual reports to Shareholders. (oq) Provide support for the Annual Prospectus Updateannual Registration Statement update on Form N-1A, including, but not limited to, providing the required financial information for the filings; and (r) Provide support for new fund development and filings, including pro forma expense projections as well as any financial information for the initial registration statement filing. (s) Assist with the design, development, and operation of the Funds, including new classes, investment objectives, policies and structure, and provide consultation related to legal and regulatory aspects of the establishment, maintenance, and liquidation or dissolution of Funds. (t) Prepare quarterly brokerage allocation compliance checklist and supporting documentation for use by investment advisors, as requested. (u) Subject to other terms and conditions of this Services Schedule and Agreement make available appropriate individuals to serve as officers of the Funds, upon designation as such by the Board, to serve in ministerial capacities related to the services provided by Citi as determined by the Board, or as PFO of the Funds, upon designation as such by the Board subject to the provisions of this Agreement and the Citi policies referred to in this Agreement.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person that is specifically designated on the list of Authorized Persons approved by the Board for particular functions and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ ' non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ Fund’s dividend payables and dividend factors.; (d) Assist Coordinate and assist the Client’s Funds’ transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client.Shareholders; (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider.; (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund to monitor compliance with the 1940 Act and other relevant regulations, each Fund’s investment objective, policies, restrictions, tax diversification, distribution and income requirements and provide daily and periodic compliance monitoring services with respect to such procedures and as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records.; (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client Client and the Funds on their the Funds’ regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. In connection with the foregoing, prepare and send quarterly reminder letters related to such status, and prepare quarterly compliance checklist for use by investment advisers, if requested; (h) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: i. daily liquidity classifications of portfolio securities held by the Fund; ii. daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); iii. daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and iv. monthly liquidity classification of portfolio securities on Form N-PORT effective June 1, 2019. (i) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations, including making available personnel to respond and to provide documents; (j) Provide assistance and guidance to the Client with respect to matters governed by or related to regulatory requirements and developments including: monitoring regulatory and legislative developments which may affect the Funds and assisting in strategic planning in response thereto. (jk) Monitor wash sales annually.; (kl) Prepare informational schedules for use by the Client’s Funds’ auditors in connection with such auditor’s 's preparation of the ClientFunds’ tax returns and coordinate filing of the Fund’s tax returns; (lm) Coordinate with independent auditors concerning the Client’s Funds’ regular annual audit.; (n) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, reports (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print and printing of prospectuses and semi-annual and annual reports to Shareholders. (o) Provide support for the Annual Prospectus Updateannual Registration Statement update on Form N-1A, including, but not limited to, providing the required financial information for the filings; and (p) Provide support for new fund development and filings, including pro forma expense projections as well as any financial information for the initial registration statement filing. (q) Assist with the design, development, and operation of the Funds, including new classes, investment objectives, policies and structure, and provide consultation related to legal and regulatory aspects of the establishment, maintenance, and liquidation or dissolution of Funds. (r) Prepare quarterly brokerage allocation compliance checklist and supporting documentation for use by investment advisors, as requested. (s) Subject to other terms and conditions of this Services Schedule and Agreement make available appropriate individuals to serve as officers of the Funds, upon designation as such by the Board, to serve in ministerial capacities related to the services provided by Citi as determined by the Board, or as PFO of the Funds, upon designation as such by the Board subject to the provisions of this Agreement and the Citi policies referred to in this Agreement.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC NEC and 1096, as applicable. Disbursements shall be subject to review and approval of by an Authorized Person that is specifically designated on the list of Authorized Persons approved by the Board for particular functions and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ ' non-asset asset-based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses.; (c) Compute, as appropriate, each Funds’ Fund’s dividend payables and dividend factors.; (d) Assist Coordinate and assist the Client’s Funds’ transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client.Shareholders; (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider.; (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund to monitor compliance with the 1940 Act and other relevant regulations, each Fund’s investment objective, policies, restrictions, tax diversification, distribution and income requirements and provide daily and periodic compliance monitoring services with respect to such procedures and as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records.; (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client Client and the Funds on their the Funds’ regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. In connection with the foregoing, prepare and send quarterly reminder letters related to such status, and prepare quarterly compliance checklist for use by investment advisers, if requested; (h) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: i. daily liquidity classifications of portfolio securities held by the Fund; ii. daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); iii. daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and iv. monthly liquidity classification of portfolio securities on Form N- PORT. (i) Rule 18f-4 Support for Funds relying on “Limited Derivatives User” Exemption (Lite) i. Daily monitoring and reporting of derivative exposure levels ii. Monthly exposure calculation reporting on Form N-PORT (Item B.9) (j) Rule 18f-4 Support for Non-Exempt Funds (Standard) i. Daily value at risk (VaR) calculations and reporting ii. Monthly VaR reporting on Form N-PORT (Item B.10) iii. VaR stress testing and back testing iv. Form N-RN filing coordination, ad hoc, as directed by the client (k) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations, including making available personnel to respond and to provide documents; (l) Provide assistance and guidance to the Client with respect to matters governed by or related to regulatory requirements and developments including: monitoring regulatory and legislative developments which may affect the Funds and assisting in strategic planning in response thereto. (jm) Monitor wash sales annually.; (kn) Prepare informational schedules for use by the Client’s Funds’ auditors in connection with such auditor’s auditors’ preparation of the Client’s Funds’ tax returns and coordinate filing of the Funds’ tax returns; (lo) Coordinate with independent auditors concerning the Client’s Funds’ regular annual report audit.; (np) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, reports (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print and printing of prospectuses and semi-annual and annual reports to Shareholders. (oq) Provide support for the Annual Prospectus Updateannual Registration Statement update on Form N-1A, including, but not limited to, providing the required financial information for the filings; and (r) Provide support for new fund development and filings, including pro forma expense projections as well as any financial information for the initial registration statement filing. (s) Assist with the design, development, and operation of the Funds, including new classes, investment objectives, policies and structure, and provide consultation related to legal and regulatory aspects of the establishment, maintenance, and liquidation or dissolution of Funds. (t) Prepare quarterly brokerage allocation compliance checklist and supporting documentation for use by investment advisors, as requested.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ dividend payables and dividend factors. (d) Assist the Client’s transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client. (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider. (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund, and provide compliance monitoring services with respect to such procedures as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records. (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client and the Funds on their regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. (i) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations., (j) Monitor wash sales annually. (k) Prepare informational schedules for use by the Client’s auditors in connection with such auditor’s preparation of the Client’s tax returns (l) Coordinate with independent auditors concerning the Client’s regular annual audit. (nm) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print of prospectuses and semi-annual and annual reports to Shareholders. (o) Provide support for the Annual Prospectus Update, including, but not limited to, providing the required financial information for the filings.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person that is specifically designated on the list of Authorized Persons approved by the Board for particular functions and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ ' non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ Fund’s dividend payables and dividend factors.; (d) Assist Coordinate and assist the Client’s Funds’ transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client.Shareholders; (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider.; (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund to monitor compliance with the 1940 Act and other relevant regulations, each Fund’s investment objective, policies, restrictions, tax diversification, distribution and income requirements and provide daily and periodic compliance monitoring services with respect to such procedures and as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records.; (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client Client and the Funds on their the Funds’ regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. In connection with the foregoing, prepare and send quarterly reminder letters related to such status, and prepare quarterly compliance checklist for use by investment advisers, if requested; (h) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: i. daily liquidity classifications of portfolio securities held by the Fund; ii. daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); iii. daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and iv. monthly liquidity classification of portfolio securities on Form N- PORT. (i) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations, including making available personnel to respond and to provide documents; (j) Provide assistance and guidance to the Client with respect to matters governed by or related to regulatory requirements and developments including: monitoring regulatory and legislative developments which may affect the Funds and assisting in strategic planning in response thereto. (jk) Monitor wash sales annually.; (kl) Prepare informational schedules for use by the Client’s Funds’ auditors in connection with such auditor’s 's preparation of the ClientFunds’ tax returns and coordinate filing of the Fund’s tax returns; (lm) Coordinate with independent auditors concerning the Client’s Funds’ regular annual audit.; (n) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, reports (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print and printing of prospectuses and semi-annual and annual reports to Shareholders. (o) Provide support for the Annual Prospectus Updateannual Registration Statement update on Form N-1A, including, but not limited to, providing the required financial information for the filings; and (p) Provide support for new fund development and filings, including pro forma expense projections as well as any financial information for the initial registration statement filing. (q) Assist with the design, development, and operation of the Funds, including new classes, investment objectives, policies and structure, and provide consultation related to legal and regulatory aspects of the establishment, maintenance, and liquidation or dissolution of Funds. (r) Prepare quarterly brokerage allocation compliance checklist and supporting documentation for use by investment advisors, as requested. (s) Subject to other terms and conditions of this Services Schedule and Agreement make available appropriate individuals to serve as officers of the Funds, upon designation as such by the Board, to serve in ministerial capacities related to the services provided by Citi as determined by the Board, or as PFO of the Funds, upon designation as such by the Board subject to the provisions of this Agreement and the Citi policies referred to in this Agreement.

Certain Operational Matters. (a) Calculate contractual Fund expenses and make disbursements for the Funds, including trustee and vendor fees and compensation and annual reporting of such on IRS Forms 1099-MISC and 1096, as applicable. Disbursements shall be subject to review and approval of an Authorized Person that is specifically designated on the list of Authorized Persons approved by the Board for particular functions and shall be made only out of the assets of the applicable Fund. (b) Prepare an annual projection of the Funds’ non-asset based expense accruals prior to the beginning of each fiscal year of each Fund and monitor actual and accrued expenses. (c) Compute, as appropriate, each Funds’ Fund’s dividend payables and dividend factors.; (d) Assist Coordinate and assist the Client’s Funds’ transfer agent with respect to the payment of dividends and other distributions to Shareholders that have been approved by the Client.Shareholders; (e) Calculate performance data of the Funds for dissemination to (i) the Client, including the Board, (ii) up to fifteen (15) information services covering the investment company industry and (iii) other parties, as requested by the Client and agreed to by Service Provider.; (f) Assist the Client in developing appropriate portfolio compliance procedures for each Fund to monitor compliance with the 1940 Act and other relevant regulations, each Fund’s investment objective, policies, restrictions, tax diversification, distribution and income requirements and provide daily and periodic compliance monitoring services with respect to such procedures and as reasonably requested by the Client, provided that such compliance must be determinable by reference to the Fund’s accounting records.; (g) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: (i) Daily liquidity classifications of portfolio securities held by the Fund; (ii) Daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); (iii) Daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and (iv) Monthly liquidity classification of portfolio securities on Form N-PORT effective December 1, 2019 (h) Monitor and advise the client Client and the Funds on their the Funds’ regulated investment company status under the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. In connection with the foregoing, prepare and send quarterly reminder letters related to such status, and prepare quarterly compliance checklist for use by investment advisers, if requested; (h) Assist the Client with portfolio compliance monitoring in accordance with Rule 22e-4(b) including: i. daily liquidity classifications of portfolio securities held by the Fund; ii. daily monitoring of compliance with the Fund’s established Highly Liquid Investment Minimum (HLIM); iii. daily monitoring of compliance with the Fund’s 15% illiquid holdings maximum; and iv. monthly liquidity classification of portfolio securities on Form N-PORT. (i) Rule 18f-4 Support for Funds relying on “Limited Derivatives User” Exemption (Lite) i. Daily monitoring and reporting of derivative exposure levels ii. Monthly exposure calculation reporting on Form N-PORT (Item B.9) (j) Rule 18f-4 Support for Non-Exempt Funds (Standard) i. Daily value at risk (VaR) calculations and reporting ii. Monthly VaR reporting on Form N-PORT (Item B.10) iii. VaR stress testing and back testing iv. Form N-RN filing coordination, ad hoc, as directed by the client (k) Assist the Client and Fund Counsel in responding to routine regulatory examinations or investigations, including making available personnel to respond and to provide documents; (l) Provide assistance and guidance to the Client with respect to matters governed by or related to regulatory requirements and developments including: monitoring regulatory and legislative developments which may affect the Funds and assisting in strategic planning in response thereto. (jm) Monitor wash sales annually.; (kn) Prepare informational schedules for use by the Client’s Funds’ auditors in connection with such auditor’s preparation of the ClientFunds’ tax returns and coordinate filing of the Fund’s tax returns; (lo) Coordinate with independent auditors concerning the Client’s Funds’ regular annual audit.; (np) Upon the Client’s request, the Service Provider will assist the Client with the following: (a) semi-annual reviews of financial reports, reports (b) revisions to policies, procedures and code of ethics, (c) preparation of responses for regulatory examinations and inquiries, and (d) layout of print and printing of prospectuses and semi-annual and annual reports to Shareholders. (oq) Provide support for the Annual Prospectus Updateannual Registration Statement update on Form N-1A, including, but not limited to, providing the required financial information for the filings; and (r) Provide support for new fund development and filings, including pro forma expense projections as well as any financial information for the initial registration statement filing. (s) Assist with the design, development, and operation of the Funds, including new classes, investment objectives, policies and structure, and provide consultation related to legal and regulatory aspects of the establishment, maintenance, and liquidation or dissolution of Funds. (t) Prepare quarterly brokerage allocation compliance checklist and supporting documentation for use by investment advisors, as requested. (u) Subject to other terms and conditions of this Services Schedule and Agreement make available appropriate individuals to serve as officers of the Funds, upon designation as such by the Board, to serve in ministerial capacities related to the services provided by Citi as determined by the Board, or as PFO of the Funds, upon designation as such by the Board subject to the provisions of this Agreement and the Citi policies referred to in this Agreement.