EX-99.(H)(4) 5 h10047582_ex99h4.htm EXHIBIT 99.(H)(4)-AMENDMENT TO THE TRANSFER AGENCY AND SERVICE AGREEMENT

 
Exhibit 99.(h)(4)
 
AMENDMENT

To Transfer Agency and Service Agreement
Between
Morgan Stanley Mutual Funds
And
Boston Financial Data Services, Inc.
 
This amendment, made as of this 23rd  day of May 2017, (the “Amendment”) amends the Transfer Agency and Service Agreement dated April 1, 2013 and effective July 1, 2013, (the “Agreement”) between Boston Financial Data Services, Inc. and each of the entities, individually and not jointly, as listed on Schedule A to the Agreement.  In accordance with Section 16.1 (Amendment) of the Agreement, the parties desire to amend the Agreement as set forth herein.

NOW THEREFORE, the parties agree as follows:

  1.
Money Market Reform(MMR). The following Section 1.1(dd) shall be added to the Agreement immediately following Section 1.1(cc):

“1.1 (dd) Money Market Reform(MMR).  With respect to the Funds designated as money market funds, the Transfer Agent shall provide the services outlined in this Section 1.1 in accordance with certain internal operating procedures mutually agreed upon with the Funds (the “MMR Procedures”).  The MMR Procedures include but are not limited to: (i) the number and times at which the NAV for certain money market funds will be calculated; (ii) the process for changes in such NAV calculation times; (iii) the implementation or modification of liquidity fees when requested by the Fund; and (iv) the imposition of ‘redemption gates’ when directed by the Fund and the rejection of trades when such gates are in place.  The parties shall work together to update such MMR Procedures from time to time as they determine necessary in order to maintain compliance with the laws, rules and regulations applicable to money market funds.  The Transfer Agent and the Fund shall mutually agree on any additional reporting that may be provided with respect to the servicing of the money market funds.”

2.
Schedule 3.1 (Fees and Expenses). Schedule 3.1 (“Fees and Expenses”) to the Agreement is hereby amended to add the following new section immediately after “IRA Custodial Fees”:

Implementation Fee1
 
Waived
Annual Base Fee
 
$150,000 per year
Institutional CUSIP Fee2
   
Funds with three NAV strikes
Funds with one NAV strike
 
$18,000 per year
$6,000 per year
Per Event Fees
   
Event Minimum
Per Associate Fee
 
$15,000 per event
$500 per day
 

1 Standard implementation fees are waived; any request for client specific testing will be billed at existing technical support rate.
2 The CUSIP fee applies to any CUSIP for which Transfer Agent will support a floating NAV requiring same day settlement.
 

3.
All defined terms in the Agreement shall be the same in this amendment (the “Amendment”) except as specifically revised by this Amendment.

4.
Except as specifically set forth in this Amendment, all other terms and conditions of the Agreement shall remain in full force and effect.
 


IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the day and year first above written.

EACH OF THE ENTITIES, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A
 
BOSTON FINANCIAL DATA SERVICES, INC.
     
By: /s/ Francis J. Smith
 
By: /s/ Joseph M. Filardo
     
Name: Francis J. Smith
 
Name: Joseph M. Filardo
     
Title: Treasurer
 
Title: Vice President
 

SCHEDULE A
(as of May 1, 2017)
 
Type of  Entity:
 
Jurisdiction
     
           
Morgan Stanley Institutional Fund Trust – 9 underlying funds:
 
Trust
 
PA
1
 
Morgan Stanley Institutional Fund Trust – Global Strategist Portfolio
 
Trust
 
PA
2
 
Morgan Stanley Institutional Fund Trust – Core Plus Fixed Income Portfolio
 
Trust
 
PA
3
 
Morgan Stanley Institutional Fund Trust – Corporate Bond Portfolio
 
Trust
 
PA
4
 
Morgan Stanley Institutional Fund Trust – Global Multi-Asset Income Portfolio
 
Trust
 
PA
5
 
Morgan Stanley Institutional Fund Trust – High Yield Portfolio
 
Trust
 
PA
6
 
Morgan Stanley Institutional Fund Trust – Short Duration Income Portfolio
 
Trust
 
PA
7
 
Morgan Stanley Institutional Fund Trust – Mid Cap Growth Portfolio
 
Trust
 
PA
8
 
Morgan Stanley Institutional Fund Trust – Strategic Income Portfolio
 
Trust
 
PA
9
 
Morgan Stanley Institutional Fund Trust – Ultra-Short Income Portfolio
           
Morgan Stanley Institutional Fund, Inc. – 30 underlying funds:
 
Fund
 
MD
1
 
Morgan Stanley Institutional Fund, Inc. – Active International Allocation Portfolio
 
Fund
 
MD
2
 
Morgan Stanley Institutional Fund, Inc. – Advantage Portfolio
 
Fund
 
MD
3
 
Morgan Stanley Institutional Fund, Inc. – Asia Opportunity Portfolio
 
Fund
 
MD
4
 
Morgan Stanley Institutional Fund, Inc. – Emerging Markets Breakout Nations Portfolio
 
Fund
 
MD
5
 
Morgan Stanley Institutional Fund, Inc. – Emerging Markets Fixed Income Opportunities Portfolio
 
Fund
 
MD
6
 
Morgan Stanley Institutional Fund, Inc. – Emerging Markets Leaders Portfolio
 
Fund
 
MD
7
 
Morgan Stanley Institutional Fund, Inc. – Emerging Markets Portfolio
 
Fund
 
MD
8
 
Morgan Stanley Institutional Fund, Inc. – Emerging Markets Small Cap Portfolio
 
Fund
 
MD
9
 
Morgan Stanley Institutional Fund, Inc. – Frontier Emerging Markets Portfolio
 
Fund
 
MD
10
 
Morgan Stanley Institutional Fund, Inc. – Fundamental Multi-Cap Core  Portfolio
 
Fund
 
MD
11
 
Morgan Stanley Institutional Fund, Inc. – Global Advantage Portfolio
 
Fund
 
MD
12
 
Morgan Stanley Institutional Fund, Inc.–  Global Concentrated Portfolio
 
Fund
 
MD
13
 
Morgan Stanley Institutional Fund, Inc.–  Global Core Portfolio
 
Fund
 
MD
14
 
Morgan Stanley Institutional Fund, Inc. – Global Discovery Portfolio
 
Fund
 
MD
15
 
Morgan Stanley Institutional Fund, Inc. – Global Franchise Portfolio
 
Fund
 
MD
16
 
Morgan Stanley Institutional Fund, Inc. – Global Infrastructure Portfolio
 
Fund
 
MD
17
 
Morgan Stanley Institutional Fund, Inc. – Global Insight Portfolio
 
Fund
 
MD
18
 
Morgan Stanley Institutional Fund, Inc. – Global Opportunity Portfolio
 
Fund
 
MD
19
 
Morgan Stanley Institutional Fund, Inc. – Global Quality Portfolio
 
Fund
 
MD
20
 
Morgan Stanley Institutional Fund, Inc. – Global Real Estate Portfolio
 
Fund
 
MD
21
 
Morgan Stanley Institutional Fund, Inc. – Growth Portfolio
 
Fund
 
MD
22
 
Morgan Stanley Institutional Fund, Inc. – Insight Portfolio
 
Fund
 
MD
23
 
Morgan Stanley Institutional Fund, Inc. – International Advantage Portfolio
 
Fund
 
MD
24
 
Morgan Stanley Institutional Fund, Inc. – International Equity Portfolio
 
Fund
 
MD
25
 
Morgan Stanley Institutional Fund, Inc. – International Opportunity Portfolio
 
Fund
 
MD
26
 
Morgan Stanley Institutional Fund, Inc. – International Real Estate Portfolio
 
Fund
 
MD
27
 
Morgan Stanley Institutional Fund, Inc. – Multi-Asset Portfolio
 
Fund
 
MD
28
 
Morgan Stanley Institutional Fund, Inc. – Small Company Growth Portfolio
 
Fund
 
MD
29
 
Morgan Stanley Institutional Fund, Inc. – US Core Portfolio
 
Fund
 
MD
30
 
Morgan Stanley Institutional Fund, Inc. – U.S. Real Estate Portfolio
           
Morgan Stanley Variable Insurance Fund, Inc. – 11 underlying funds:
 
Fund
 
MD
  1
 
Morgan Stanley Variable Insurance Fund, Inc. – Core Plus Fixed Income Portfolio
 
Fund
 
MD
  2
 
Morgan Stanley Variable Insurance Fund, Inc. – Emerging Markets Debt Portfolio
 
Fund
 
MD
  3
 
Morgan Stanley Variable Insurance Fund, Inc. – Emerging Markets Equity Portfolio
 
Fund
 
MD
  4
 
Morgan Stanley Variable Insurance Fund, Inc. – Global Franchise Portfolio
 
Fund
 
MD
  5
 
Morgan Stanley Variable Insurance Fund, Inc. – Global Infrastructure Portfolio
 
Fund
 
MD
  6
 
Morgan Stanley Variable Insurance Fund, Inc. – Global Real Estate Portfolio
 
Fund
 
MD
  7
 
Morgan Stanley Variable Insurance Fund, Inc. – Global Strategist Portfolio
 
Fund
 
MD
  8
 
Morgan Stanley Variable Insurance Fund, Inc. – Growth Portfolio
 
Fund
 
MD
  9
 
Morgan Stanley Variable Insurance Fund, Inc. – Mid Cap Growth Portfolio
 
Fund
 
MD
11
 
Morgan Stanley Variable Insurance Fund, Inc. – U.S. Real Estate Portfolio
 
Fund
 
MD
   
Morgan Stanley European Equity Fund Inc.
 
Fund
 
MD
   
Morgan Stanley Liquid Asset Fund Inc.
 

SCHEDULE A
(as of May 1, 2017)
 
Type of  Entity:
 
Jurisdiction
     
           
Morgan Stanley Institutional Liquidity Funds – 7 underlying funds:
 
Trust
 
MA
  1
 
Morgan Stanley Institutional Liquidity Funds – Government Portfolio
 
Trust
 
MA
  2
 
Morgan Stanley Institutional Liquidity Funds – Government Securities Portfolio
 
Trust
 
MA
  3
 
Morgan Stanley Institutional Liquidity Funds – Money Market Portfolio
 
Trust
 
MA
  4
 
Morgan Stanley Institutional Liquidity Funds – Prime Portfolio
 
Trust
 
MA
  5
 
Morgan Stanley Institutional Liquidity Funds – Tax-Exempt Portfolio
 
Trust
 
MA
  6
 
Morgan Stanley Institutional Liquidity Funds – Treasury Portfolio
 
Trust
 
MA
  7
 
Morgan Stanley Institutional Liquidity Funds – Treasury Securities Portfolio
 
Trust
 
MA
   
Morgan Stanley Select Dimensions Investment Series Mid Cap Growth Portfolio
           
Morgan Stanley Variable Investments Series – 4 underlying funds:
 
Trust
 
MA
  1
 
Morgan Stanley Variable Investment Series – European Equity Portfolio
 
Trust
 
MA
  2
 
Morgan Stanley Variable Investment Series – Income Plus Portfolio
 
Trust
 
MA
  3
 
Morgan Stanley Variable Investment Series – Limited Duration Portfolio
 
Trust
 
MA
  4
 
Morgan Stanley Variable Investment Series – Multi Cap Growth Portfolio
 
Trust
 
MA
   
Active Assets Government Trust
 
Trust
 
MA
   
Active Assets Prime Trust
 
Trust
 
MA
   
Morgan Stanley Mortgage Securities Trust
 
Trust
 
MA
   
Morgan Stanley California Tax-Free Daily Income Trust
 
Trust
 
MA
   
Morgan Stanley Global Fixed Income Opportunities Fund
 
Trust
 
MA
   
Morgan Stanley Multi Cap Growth Trust
 
Trust
 
MA
   
Morgan Stanley New York Municipal Money Market Trust
 
Trust
 
MA
   
Morgan Stanley Tax-Free Daily Income Trust
 
Trust
 
MA
   
Morgan Stanley U.S. Government Money Market Trust
 
Trust
 
MA
   
Morgan Stanley U.S. Government Securities Trust