EX-99.(G)(4) 3 d766360dex99g4.htm AMENDMENT TO FUND ACCOUNTING SERVICES AGREEMENT WITH THE BANK OF NEW YORK MELLON Amendment to Fund Accounting Services Agreement with The Bank of New York Mellon

Exhibit (g)(4)

Amendment

To

Fund Accounting Services Agreement

This Amendment (this “Amendment”), dated as of the last date set forth below, amends the Fund Accounting Services Agreement, dated as of January 1, 2018, as previously amended (the “Agreement”), and is entered into by and between The Bank of New York Mellon (the “Fund Accounting Agent”) and each Fund identified on Exhibit A to this Amendment on behalf of each of its Portfolios identified on Exhibit A, effective as of March 1, 2022. Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Agreement.

Background

The Fund Accounting Agent and certain of the Funds on behalf of certain of the Portfolios previously entered into the Agreement. The parties desire to further amend the Agreement as set forth herein.

Terms

NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, agree to all statements made above and as follows:

1. Modifications to Exhibit A of the Agreement. The Agreement shall be amended by deleting Exhibit A in its entirety and replacing it with the Exhibit A attached to this Amendment.

2. Adoption of Agreement by New Funds and New Portfolios. Each Fund and each Portfolio of a Fund that has been added to Exhibit A by virtue of this Amendment, if any, acknowledges and agrees that (i) by virtue of its execution of this Amendment, it becomes and is a party to the Agreement as amended by this Amendment as of the Effective Date, or if the Fund Accounting Agent commenced providing services to the Fund or Portfolio, respectively, prior to the Effective Date, as of the date the Fund Accounting Agent first provided services to such Fund or Portfolio, respectively, (ii) it is bound by all terms and conditions of the Agreement as of such date, and (iii) the duly authorized officer of the Fund or Portfolio identified on the signature page annexed hereto has full power and authority to enter into this Amendment on behalf of such Fund or Portfolio.

3. Remainder of Agreement. Except as specifically modified by this Amendment, all terms and conditions of the Agreement shall remain in full force and effect.

4. Governing Law. The governing law of the Agreement shall be the governing law of this Amendment.

5. Entire Agreement. This Amendment constitutes a complete, exclusive and fully integrated record of the agreement of the parties with respect to the subject matter herein and the amendment of the Agreement with respect to such subject matter.

6. Facsimile Signatures; Counterparts. This Amendment may be executed in one more counterparts; such execution of counterparts may occur by manual signature, facsimile signature, manual signature transmitted by means of facsimile transmission or manual signature contained in an imaged document attached to an email transmission; and each such counterpart executed in accordance with the foregoing shall be deemed an original, with all such counterparts together constituting one and the same instrument. The exchange of executed copies of this Amendment or of executed signature pages to this Amendment by facsimile transmission or as an imaged document attached to an email transmission shall constitute effective execution and delivery hereof and may be used for all purposes in lieu of a manually executed copy of this Amendment.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their duly authorized officers, as of the date set forth below.

 

EACH FUND ON BEHALF OF EACH OF ITS PORTFOLIOS IDENTIFIED ON EXHIBIT A ANNEXED HERETO
By:   /s/ Jane Trust
Name: Jane Trust
Title: President & CEO
Date: 3/1/22
THE BANK OF NEW YORK MELLON
By:   /s/ Armando Fernandez
Name: Armando Fernandez
Title: Vice President
Date: March 1, 2022

 

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EXHIBIT A1

(Dated: February ___, 2022)

This Exhibit A, amended and restated effective as of February ___, 2022, is Exhibit A to the Agreement, as amended through the Effective Date.

 

Funds/Portfolios

   

Custodian

   

Manager/

Investment Advisor

Open-End Funds      
Legg Mason Global Asset Management Trust      
BrandywineGLOBAL – Alternative Credit Fund    BNYM    Brandywine
BrandywineGLOBAL – Diversified US Large Cap Value Fund    BNYM    Brandywine
BrandywineGLOBAL – Dynamic US Large Cap Value Fund    BNYM    Brandywine
BrandywineGLOBAL – Flexible Bond Fund    BNYM    Brandywine
BrandywineGLOBAL – Global High Yield Fund    BNYM    Brandywine
BrandywineGLOBAL – Global Opportunities Bond Fund    BNYM    Brandywine
BrandywineGLOBAL – Global Opportunities Bond Fund (USD Hedged)    BNYM    Brandywine
BrandywineGLOBAL – Global Unconstrained Bond Fund    BNYM    Brandywine
ClearBridge Global Infrastructure Income Fund    BNYM    RARE
ClearBridge International Growth Fund    BNYM    ClearBridge
ClearBridge Small Cap Fund    BNYM    ClearBridge
ClearBridge Value Trust    BNYM    ClearBridge
Franklin Global Market Neutral Fund    BNYM    Franklin Advisers
Franklin International Equity Fund    BNYM    Franklin Advisers
Franklin Strategic Real Return Fund    BNYM    Franklin Advisers
Franklin U.S. Small Cap Equity Fund    BNYM    Franklin Advisers
Martin Currie Emerging Markets Fund    BNYM    Martin Currie
Martin Currie International Sustainable Equity Fund    BNYM    Martin Currie
Martin Currie SMASh Series EM Fund    BNYM    Martin Currie
Legg Mason Partners Investment Trust      
BrandywineGLOBAL – Corporate Credit Fund    BNYM    Brandywine
BrandywineGLOBAL – High Yield Fund    BNYM    Brandywine
ClearBridge Aggressive Growth Fund    BNYM    ClearBridge
ClearBridge All Cap Value Fund    BNYM    ClearBridge
ClearBridge Appreciation Fund    BNYM    ClearBridge
ClearBridge Dividend Strategy Fund    BNYM    ClearBridge
ClearBridge International Small Cap Fund    BNYM    ClearBridge
ClearBridge International Value Fund    BNYM    ClearBridge
ClearBridge Large Cap Growth Fund    BNYM    ClearBridge
ClearBridge Large Cap Value Fund    BNYM    ClearBridge
ClearBridge Mid Cap Fund    BNYM    ClearBridge
ClearBridge Mid Cap Growth Fund    BNYM    ClearBridge
ClearBridge Select Fund    BNYM    ClearBridge

 

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Note that open-end Funds, closed-end Funds and Cayman Islands Funds should be identified as such in Exhibit A.

 

3

ClearBridge Small Cap Growth Fund    BNYM    ClearBridge
ClearBridge Small Cap Value Fund    BNYM    ClearBridge
ClearBridge Sustainability Leaders Fund    BNYM    ClearBridge
ClearBridge Tactical Dividend Income Fund    BNYM    ClearBridge
Franklin Global Dividend Fund    BNYM    Franklin Advisers
Franklin Global Equity Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Conservative Growth Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Defensive Growth Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Growth Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Moderate Growth Fund    BNYM    Franklin Advisers
Franklin S&P 500 Index Fund    BNYM    Franklin Advisers
Franklin U.S. Large Cap Equity Fund    BNYM    Franklin Advisers
Legg Mason Partners Income Trust      
Western Asset California Municipals Fund    BNYM    Western Asset
Western Asset Corporate Bond Fund    BNYM    Western Asset
Western Asset Emerging Markets Debt Fund    BNYM    Western Asset
Western Asset Global High Yield Bond Fund    BNYM    Western Asset
Western Asset Income Fund    BNYM    Western Asset
Western Asset Intermediate Maturity California Municipals Fund    BNYM    Western Asset
Western Asset Intermediate Maturity New York Municipals Fund    BNYM    Western Asset
Western Asset Intermediate-Term Municipals Fund    BNYM    Western Asset
Western Asset Managed Municipals Fund    BNYM    Western Asset
Western Asset Massachusetts Municipals Fund    BNYM    Western Asset
Western Asset Mortgage Total Return Fund    BNYM    Western Asset
Western Asset Municipal High Income Fund    BNYM    Western Asset
Western Asset New Jersey Municipals Fund    BNYM    Western Asset
Western Asset New York Municipals Fund    BNYM    Western Asset
Western Asset Oregon Municipals Fund    BNYM    Western Asset
Western Asset Pennsylvania Municipals Fund    BNYM    Western Asset
Western Asset Short Duration High Income Fund    BNYM    Western Asset
Western Asset Short Duration Municipal Income Fund    BNYM    Western Asset
Western Asset Short-Term Bond Fund    BNYM    Western Asset
Western Asset Ultra-Short Income Fund    BNYM    Western Asset
Legg Mason Partners Institutional Trust      
Western Asset Institutional Government Reserves    BNYM    Western Asset
Western Asset Institutional Liquid Reserves    BNYM    Western Asset
Western Asset Institutional U.S. Treasury Obligations Money Market Fund    BNYM    Western Asset
Western Asset Institutional U.S. Treasury Reserves    BNYM    Western Asset
Western Asset Premier Institutional Liquid Reserves    BNYM    Western Asset
Western Asset Premier Institutional Government Reserves    BNYM    Western Asset
Western Asset Premier Institutional U.S. Treasury Reserves    BNYM    Western Asset
Western Asset Select Tax Free Reserves    BNYM    Western Asset
Western Asset SMASh Series Core Completion Fund    BNYM    Western Asset
Western Asset SMASh Series Core Plus Completion Fund    BNYM    Western Asset
Western Asset SMASh Series C Fund    BNYM    Western Asset
Western Asset SMASh Series M Fund    BNYM    Western Asset
Western Asset SMASh Series TF Fund    BNYM    Western Asset

 

4

Legg Mason Partners Money Market Trust      
Western Asset Government Reserves    BNYM    Western Asset
Legg Mason Partners Variable Equity Trust      
ClearBridge Variable Aggressive Growth Portfolio    BNYM    ClearBridge
ClearBridge Variable Appreciation Portfolio    BNYM    ClearBridge
ClearBridge Variable Dividend Strategy Portfolio    BNYM    ClearBridge
ClearBridge Variable Large Cap Growth Portfolio    BNYM    ClearBridge
ClearBridge Variable Large Cap Value Portfolio    BNYM    ClearBridge
ClearBridge Variable Mid Cap Portfolio    BNYM    ClearBridge
ClearBridge Variable Small Cap Growth Portfolio    BNYM    ClearBridge
Franklin Multi-Asset Dynamic Multi-Strategy VIT    BNYM    Franklin Advisers
Franklin Multi-Asset Variable Conservative Growth Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Variable Growth Fund    BNYM    Franklin Advisers
Franklin Multi-Asset Variable Moderate Growth Fund    BNYM    Franklin Advisers
Franklin Templeton Aggressive Model Portfolio    BNYM    Franklin Advisers
Franklin Templeton Conservative Model Portfolio    BNYM    Franklin Advisers
Franklin Templeton Moderate Model Portfolio    BNYM    Franklin Advisers
Franklin Templeton Moderately Aggressive Model Portfolio    BNYM    Franklin Advisers
Franklin Templeton Moderately Conservative Model Portfolio    BNYM    Franklin Advisers
Legg Mason Partners Variable Income Trust      
Western Asset Core Plus VIT Portfolio    BNYM    Western Asset
Western Asset Variable Global High Yield Bond Portfolio    BNYM    Western Asset
Master Portfolio Trust      
Government Portfolio    BNYM    Western Asset
Liquid Reserves Portfolio    BNYM    Western Asset
U.S. Treasury Obligations Portfolio    BNYM    Western Asset
U.S. Treasury Reserves Portfolio    BNYM    Western Asset
Western Asset Funds, Inc.      
Western Asset Core Bond Fund    BNYM    Western Asset
Western Asset Core Plus Bond Fund    BNYM    Western Asset
Western Asset High Yield Fund    BNYM    Western Asset
Western Asset Inflation Indexed Plus Bond Fund    BNYM    Western Asset
Western Asset Intermediate Bond Fund    BNYM    Western Asset
Western Asset Macro Opportunities Fund    BNYM    Western Asset
Western Asset Total Return Unconstrained Fund    BNYM    Western Asset
Open-End Funds (ETFs)      
Legg Mason ETF Investment Trust      
ClearBridge All Cap Growth ESG ETF    BNYM    ClearBridge
ClearBridge Dividend Strategy ESG ETF    BNYM    ClearBridge
ClearBridge Large Cap Growth ESG ETF    BNYM    ClearBridge
Legg Mason International Low Volatility High Dividend ETF    BNYM    Franklin Advisers
Legg Mason Low Volatility High Dividend ETF    BNYM    Franklin Advisers
Legg Mason Small-Cap Quality Value ETF    BNYM    Royce & Associates
Western Asset Short Duration Income ETF    BNYM    Western Asset

 

5

Western Asset Total Return ETF    BNYM    Western Asset
ActiveShares ETF Trust      
ClearBridge Focus Value ESG ETF    BNYM    ClearBridge
Closed-End Funds      
BrandywineGLOBAL-Global Income Opportunities Fund Inc.    BNYM    Brandywine
Clarion Partners Real Estate Income Fund Inc.    BNYM    Clarion Partners
ClearBridge MLP and Midstream Fund Inc.    BNYM    ClearBridge
ClearBridge Energy Midstream Opportunity Fund Inc.    BNYM    ClearBridge
ClearBridge MLP and Midstream Total Return Fund Inc.    BNYM    ClearBridge
Franklin Income Opportunities Fund    BNYM    Franklin Advisers
LMP Capital and Income Fund Inc.    BNYM    ClearBridge
Western Asset Diversified Income Fund    BNYM    Western Asset
Western Asset Emerging Markets Debt Fund Inc.    BNYM    Western Asset
Western Asset Global Corporate Defined Opportunity Fund Inc.    BNYM    Western Asset
Western Asset Global High Income Fund Inc.    BNYM    Western Asset
Western Asset High Income Fund II Inc.    BNYM    Western Asset
Western Asset High Income Opportunity Fund Inc.    BNYM    Western Asset
Western Asset High Yield Defined Opportunity Fund Inc.    BNYM    Western Asset
Western Asset Intermediate Muni Fund Inc.    BNYM    Western Asset
Western Asset Investment Grade Defined Opportunity Trust Inc.    BNYM    Western Asset
Western Asset Investment Grade Income Fund Inc.    BNYM    Western Asset
Western Asset Managed Municipals Fund Inc.    BNYM    Western Asset
Western Asset Middle Market Income Fund Inc.    BNYM    Western Asset
Western Asset Mortgage Opportunity Fund Inc.    BNYM    Western Asset
Western Asset Municipal High Income Fund Inc.    BNYM    Western Asset

 

6

Western Asset Municipal Partners Fund Inc.    BNYM    Western Asset
Western Asset Premier Bond Fund    BNYM    Western Asset
Western Asset Inflation-Linked Opportunities & Income Fund    BNYM    Western Asset
Western Asset Inflation-Linked Income Fund    BNYM    Western Asset
Cayman Island Funds      
Western Asset Government Money Market Fund, Ltd.    BNYM    Western Asset
Western Asset Institutional Cash Reserves, Ltd.    BNYM    Western Asset
Western Asset Institutional Liquid Reserves, Ltd.    BNYM    Western Asset
Western Asset Premier Institutional Liquid Reserves, Ltd.    BNYM    Western Asset
Western Asset U.S. Treasury Obligations Money Market Fund, Ltd.    BNYM    Western Asset
Western Asset U.S. Treasury Reserves, Ltd.    BNYM    Western Asset
Cayman Island Funds (CFCs)      
Real Return Fund, Ltd.       Western Asset
Western Asset Inflation-Linked Income Fund CFC       Western Asset
Western Asset Inflation-Linked Opportunities & Income Fund CFC    BNYM    Western Asset

 

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