Form of Administration Agreement



 Exhibit 10.3 
  
 FUND ADMINISTRATION AND ACCOUNTING AGREEMENT 
  
 AGREEMENT made as of
                        , by and between each entity listed on Exhibit A hereto (each, a “Fund”; collectively,
the “Funds”), and The Bank of New York, a New York banking organization (“BNY”). 
  
 W I T N E S S E T H : 
  
 WHEREAS, each Fund desires to retain BNY to provide the services described herein, and BNY is willing to provide such services, all as more fully set
forth below; 
  
 NOW, THEREFORE, in consideration of the mutual
promises and agreements contained herein, the parties hereby agree as follows: 
  

	 	1.	Appointment. 

  
 Each Fund hereby appoints BNY as its agent for the term of this Agreement to perform the services described herein. BNY hereby accepts such appointment
and agrees to perform the duties hereinafter set forth. 
  

	 	2.	Representations and Warranties. 

  
 Each Fund hereby represents and warrants to BNY, which representations and warranties shall be deemed to be continuing, that: 
  
 (a) It is duly organized and existing under the laws of the jurisdiction of
its organization, with full power to carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; 
  
 (b) This Agreement has been duly authorized, executed and delivered by the Fund in accordance with all requisite action and constitutes a valid and
legally binding obligation of the Fund, enforceable in accordance with its terms; 
  
 (c) It is conducting its business in compliance with all applicable laws and regulations, both state and federal, and has obtained all regulatory licenses, approvals and 







 consents necessary to carry on its business as now conducted; there is no statute, regulation, rule, order or judgment
binding on it and no provision of its charter or by-laws, nor of any mortgage, indenture, credit agreement or other contract binding on it or affecting its property which would prohibit its execution or performance of this Agreement; and 

 
 (d) To the extent the performance of any services described in Schedule II
attached hereto by BNY in accordance with the then effective Prospectus (as hereinafter defined) for the Funds would violate any applicable laws or regulations, the Funds shall immediately so notify BNY in writing and thereafter shall either furnish
BNY with the appropriate valuations, net asset value or other computation, as the case may be, or, subject to the prior approval of BNY, instruct BNY in writing to value assets and/or compute net asset value or other computations in a manner the
Fund specifies in writing, and either the furnishing of such values or the giving of such instructions shall constitute a representation by the Fund that the same is consistent with all applicable laws and regulations and with its Prospectus.

  

	 	3.	Delivery of Documents. 

  
 (a) Each Fund will promptly deliver to BNY true and correct copies of each of the following documents as currently in effect and will promptly deliver to
it all future amendments and supplements thereto, if any: 
  
 (i) The Fund’s organizational document and all amendments thereto (the “Charter”); 
  
 (ii) The Fund’s registration statement most recently filed with the Securities and Exchange Commission (the “SEC”) relating to the shares
of the Fund (the “Registration Statement”) and the prospectus therein contained (the “Prospectus”); 
  
 (b) Each copy of the Fund’s certificate of trust shall be certified by the Secretary of State (or other appropriate official) of the State of
Delaware, and if the Fund’s certificate of trust is required by law also to be filed with a county or other officer or official body, a certificate of such filing shall be filed with a certified copy submitted to BNY. Each copy of the
Registration Statement and Prospectus, and all amendments thereto, shall be certified by DB Commodity Services LLC, in its capacity as managing owner of each of the Funds. 







 (c) It shall be the sole responsibility of each Fund to deliver to BNY its currently effective Prospectus
and BNY shall not be deemed to have notice of any information contained in such Prospectus until it is actually received by BNY. 
  

	 	4.	Duties and Obligations of BNY. 

  
 (a) Subject to the direction and control of DB Commodity Services LLC, in its capacity as managing owner of each of the Funds, and the provisions of this
Agreement, BNY shall provide to each Fund (i) the administrative services set forth on Schedule I attached hereto and (ii) the valuation and computation services listed on Schedule II attached hereto. 
  
 (b) In performing hereunder, BNY shall provide, at its expense, office space,
facilities, equipment and personnel. 
  
 (c) BNY shall not provide
any services relating to the management, investment advisory or sub-advisory functions of any Fund, distribution of shares of any Fund, maintenance of any Fund’s financial records or other services normally performed by the Funds’
respective counsel or independent auditors. 
  
 (d) Upon receipt
of a Fund’s prior written consent (which shall not be unreasonably withheld), BNY may delegate any of its duties and obligations hereunder to any delegee or agent whenever and on such terms and conditions as it deems necessary or appropriate.
Notwithstanding the foregoing, no Fund consent shall be required for any such delegation to any other subsidiary of The Bank of New York Company, Inc. BNY shall not be liable to any Fund for any loss or damage arising out of, or in connection with,
the actions or omissions to act of any delegee or agent utilized hereunder so long as BNY acts in good faith and without negligence or wilful misconduct in the selection of such delegee or agent. 
  
 (e) Each Fund shall cause its officers, advisors, sponsor, distributor, legal
counsel, independent accountants, current administrator (if any) and transfer agent to cooperate with BNY and to provide BNY, upon request, with such information, documents and advice relating to such Fund as is within the possession or knowledge of
such persons, in order to enable BNY to perform its duties hereunder. In connection with its duties hereunder, BNY shall be entitled to rely, and shall be held harmless by each Fund when acting in reliance, upon the advice or any documents relating
to such Fund provided to BNY by any of the aforementioned persons 







 or Proper Instructions (as hereinafter defined). BNY shall not be liable for any loss, damage or expense resulting from
or arising out of the failure of the Fund to cause any information, documents or advice to be provided to BNY as provided herein. All fees or costs charged by such persons shall be borne by the appropriate Fund. 
  
 (f) Nothing in this Agreement shall limit or restrict BNY, any affiliate of
BNY or any officer or employee thereof from acting for or with any third parties, and providing services similar or identical to same or all of the services provided hereunder. 
  
 (g) Each Fund shall furnish BNY with any and all instructions, explanations, information, specifications and documentation
deemed necessary by BNY in the performance of its duties hereunder, including, without limitation, the amounts or written formula for calculating the amounts and times of accrual of Fund liabilities and expenses. BNY shall not be required to include
as Fund liabilities and expenses, nor as a reduction of net asset value, any accrual for any federal, state, or foreign income taxes unless the Fund shall have specified to BNY the precise amount of the same to be included in liabilities and
expenses or used to reduce net asset value. Each Fund shall also furnish BNY by Proper Instruction with bid, offer, or market values of assets if BNY notifies such Fund that same are not available to BNY from a pricing or similar service utilized,
or subscribed to, by BNY which BNY in its judgment deems reliable at the time such information is required for calculations hereunder. At any time and from time to time, the Fund also may furnish BNY by Proper Instruction with bid, offer, or market
values of assets and instruct BNY to use such information in its calculations hereunder. BNY shall at no time be required or obligated to commence or maintain any utilization of, or subscriptions to, any pricing or similar service. In no event shall
BNY be required to determine, or have any obligations with respect to, whether a market price represents any fair or true value, nor to adjust any price to reflect any events or announcements, including, without limitation, those with respect to the
issuer thereof, it being agreed that all such determinations and considerations shall be solely for the Fund. 
  
 (h) BNY may apply to an officer of any Fund for Proper Instructions with respect to any matter arising in connection with BNY’s performance hereunder
for such Fund, and BNY shall not be liable for any action taken or omitted to be taken by it in good faith in 







 accordance with such Proper Instructions. Such application for Proper Instructions may, at the option of BNY, set forth
in writing any action proposed to be taken or omitted to be taken by BNY with respect to its duties or obligations under this Agreement and the date on and/or after which such action shall be taken, and BNY shall not be liable for any action taken
or omitted to be taken in accordance with a proposal included in any such application on or after the date specified therein unless, prior to taking or omitting to take any such action, BNY has received Proper Instructions in response to such
application specifying the action to be taken or omitted. 
  
 (i)
BNY may consult with counsel to the appropriate Fund or its own counsel, at such Fund’s expense, and shall be fully protected with respect to anything done or omitted by it in good faith in accordance with the advice or opinion of such counsel.

  
 (j) Notwithstanding any other provision contained in this
Agreement or Schedule I or II attached hereto, BNY shall have no duty or obligation to with respect to, including, without limitation, any duty or obligation to determine, or advise or notify any Fund of: (i) the taxable nature of any distribution
or amount received or deemed received by, or payable to, a Fund, (ii) the taxable nature or effect on a Fund or its shareholders of any corporate actions, class actions, tax reclaims, tax refunds or similar events, (iii) the taxable nature or
taxable amount of any distribution or dividend paid, payable or deemed paid, by a Fund to its shareholders; or (iv) the effect under any federal, state, or foreign income tax laws of a Fund making or not making any distribution or dividend payment,
or any election with respect thereto. 
  
 (k) BNY shall have no
duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement and Schedules I and II attached hereto, and no covenant or obligation shall be implied against BNY in connection with this
Agreement. 
  
 (l) BNY, in performing the services required of it
under the terms of this Agreement, shall be entitled to rely fully on the accuracy and validity of any and all Proper Instructions furnished to it by a Fund and shall have no duty or obligation to review the accuracy, validity or propriety of such
Proper Instructions including, without limitation, evaluations; the amounts or formula for calculating the amounts and times of accrual of liabilities and expenses; the amounts receivable and the amounts payable on the sale or purchase of assets;
and amounts 







 receivable or amounts payable for the sale or redemption of Fund shares effected by or on behalf of a Fund. In the event
BNY’s computations hereunder rely, in whole or in part, upon information, including, without limitation, bid, offer or market values of assets, or accruals of interest or earnings thereon, from a pricing or similar service utilized, or
subscribed to, by BNY which BNY in its judgment deems reliable, BNY shall not be responsible for, under any duty to inquire into, or deemed to make any assurances with respect to, the accuracy or completeness of such information. Without limiting
the generality of the foregoing, BNY shall not be required to inquire into any valuation of other assets by a Fund or any third party described in this (l) even though BNY in performing services similar to the services provided pursuant to this
Agreement for others may receive different valuations of the same or different securities of the same issuers. 
  
 (m) BNY, in performing the services required of it under the terms of this Agreement, shall not be responsible for determining whether any interest
accruable to a Fund is or will be actually paid, but will accrue such interest until otherwise instructed by such Fund. 
  
 (n) BNY shall not be responsible for delays or errors which occur by reason of circumstances beyond its control in the performance of its duties under
this Agreement, including, without limitation, labor difficulties within or without BNY, mechanical breakdowns, flood or catastrophe, acts of God, failures of transportation, interruptions, loss, or malfunctions of utilities, communications or
computer (hardware or software) services. Nor shall BNY be responsible for delays or failures to supply the information or services specified in this Agreement where such delays or failures are caused by the failure of any person(s) other than BNY
to supply any instructions, explanations, information, specifications or documentation deemed necessary by BNY in the performance of its duties under this Agreement. 
  
 (o) BNY shall provide the Funds with custodial and transfer agency services on BNY’s standard terms for no additional
consideration. 
  

	 	5.	Allocation of Expenses. 

  
 Except as otherwise provided herein, all costs and expenses arising or incurred in connection with the performance of this Agreement shall be paid by the
appropriate Fund, including but not limited to, organizational costs and costs of maintaining corporate existence, taxes, interest, brokerage fees and commissions, insurance premiums, compensation and 







 expenses of such Fund’s officers or employees, legal, accounting and audit expenses, management, advisory,
sub-advisory, administration and shareholder servicing fees, charges of custodians, transfer and dividend disbursing agents, expenses (including clerical expenses) incident to the issuance, redemption or repurchase of Fund shares, fees and expenses
incident to the registration or qualification under federal or state securities laws of the Fund or its shares, costs (including printing and mailing costs) of preparing and distributing Prospectuses, reports, notices and proxy material to such
Fund’s shareholders, all expenses incidental to holding meetings of such Fund’s shareholders, and extraordinary expenses as may arise, including litigation affecting such Fund and legal obligations relating thereto for which the Fund may
have to indemnify third parties. 
  

	 	6.	Standard of Care; Indemnification. 

  
 (a) Except as otherwise provided herein, BNY shall not be liable for any costs, expenses, damages, liabilities or claims (including attorneys’ and
accountants’ fees) incurred by a Fund, except those costs, expenses, damages, liabilities or claims arising out of BNY’s own gross negligence or willful misconduct. In no event shall BNY be liable to any Fund or any third party for
special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action. BNY shall not
be liable for any loss, damage or expense, including counsel fees and other costs and expenses of a defense against any claim or liability, resulting from, arising out of, or in connection with its performance hereunder, including its actions or
omissions, the incompleteness or inaccuracy of any Proper Instructions, or for delays caused by circumstances beyond BNY’s control, unless such loss, damage or expense arises out of the gross negligence or willful misconduct of BNY. 

 
 (b) Each Fund shall indemnify and hold harmless BNY from and against any
and all costs, expenses, damages, liabilities and claims (including claims asserted by a Fund), and reasonable attorneys’ and accountants’ fees relating thereto, which are sustained or incurred or which may be asserted against BNY, by
reason of or as a result of any action taken or omitted to be taken by BNY in good faith hereunder or in reliance upon (i) any law, act, regulation or interpretation of the same even though the same may thereafter have been altered, changed,








 amended or repealed, (ii) such Fund’s Registration Statement or Prospectus, (iii) any Proper Instructions, or (iv)
any opinion of legal counsel for such Fund, or arising out of transactions or other activities of such Fund which occurred prior to the commencement of this Agreement; provided, that no Fund shall indemnify BNY for costs, expenses, damages,
liabilities or claims for which BNY is liable under preceding 6(a). This indemnity shall be a continuing obligation of each Fund, its successors and assigns, notwithstanding the termination of this Agreement. Without limiting the generality of the
foregoing, each Fund shall indemnify BNY against and save BNY harmless from any loss, damage or expense, including counsel fees and other costs and expenses of a defense against any claim or liability, arising from any one or more of the following:

  
 (i) Errors in records or instructions, explanations,
information, specifications or documentation of any kind, as the case may be, supplied to BNY by any third party described above or by or on behalf of a Fund; 
  

(ii) Action or inaction taken or omitted to be taken by BNY pursuant to Proper Instructions of the Fund or otherwise without gross negligence or
willful misconduct; 
  
 (iii) Any action taken or omitted to be
taken by BNY in good faith in accordance with the advice or opinion of counsel for a Fund or its own counsel; 
  
 (iv) Any improper use by a Fund or its agents, distributor or investment advisor of any valuations or computations supplied by BNY pursuant to this
Agreement; 
  
 (v) The method of valuation and the method of
computing net asset value; or 
  
 (vi) Any valuations or net
asset value provided by a Fund. 
  
 (c) Actions taken or omitted
in reliance on Proper Instructions, or upon any information, order, indenture, stock certificate, power of attorney, assignment, affidavit or other instrument believed by BNY to be genuine or bearing the signature of a person or persons believed to
be authorized to sign, countersign or execute the same, or upon the opinion of legal counsel for a Fund or its own counsel, shall be conclusively presumed to have been taken or omitted in good faith. 
  
 (d) Notwithstanding any other provision contained in this Agreement, BNY








 shall have no duty or obligation with respect to, including, without limitation, any duty or obligation to determine, or
advise or notify the Fund of: (a) the taxable nature of any distribution or amount received or deemed received by, or payable to, a Fund; (b) the taxable nature or effect on a Fund or its shareholders of any corporate actions, class actions, tax
reclaims, tax refunds, or similar events; (c) the taxable nature or taxable amount of any distribution or dividend paid, payable or deemed paid, by a Fund to its shareholders; or (d) the effect under any federal, state, or foreign income tax laws of
the Fund making or not making any distribution or dividend payment, or any election with respect thereto. 
  

	 	7.	Compensation. 

  
 For the services provided hereunder, each Fund agrees to pay BNY such compensation as is mutually agreed from time to time and such out-of-pocket expenses
(e.g., telecommunication charges, postage and delivery charges, record retention costs, reproduction charges and transportation and lodging costs) as are incurred by BNY in performing its duties hereunder. Except as hereinafter set forth,
compensation shall be calculated and accrued daily and paid monthly. Each Fund authorizes BNY to debit such Fund’s custody account for all amounts due and payable hereunder. BNY shall deliver to each Fund invoices for services rendered after
debiting such Fund’s custody account with an indication that payment has been made. Upon termination of this Agreement before the end of any month, the compensation for such part of a month shall be prorated according to the proportion which
such period bears to the full monthly period and shall be payable upon the effective date of termination of this Agreement. For the purpose of determining compensation payable to BNY, each Fund’s net asset value shall be computed at the times
and in the manner specified in the Fund’s Prospectus. 
  

	 	8.	Term of Agreement. 

  
 (a) This Agreement shall continue until terminated by either BNY giving to a Fund, or a Fund giving to BNY, a notice in writing specifying the date of
such termination, which date shall be not less than 90 days after the date of the giving of such notice. Upon termination hereof, the affected Fund(s) shall pay to BNY such compensation as may be due as of the date of such termination, and shall
reimburse BNY for any disbursements and expenses made or incurred by BNY and payable or reimbursable hereunder. 







 (b) Notwithstanding the foregoing, BNY may terminate this Agreement upon 30 days prior written notice to
a Fund if such Fund shall terminate its custody agreement with The Bank of New York, or fail to perform its obligations hereunder in a material respect. 
  

	 	9.	Authorized Persons. 

  
 Attached hereto as Exhibit B is a list of persons duly authorized to execute this Agreement and give any written or oral instructions, or written or oral
specifications, by or on behalf of such Fund. From time to time each Fund may deliver a new Exhibit B to add or delete any person and BNY shall be entitled to rely on the last Exhibit B actually received by BNY. Any instructions or specifications
from any such persons are referred to as “Proper Instructions.” 
  

	 	10.	Amendment. 

  
 This Agreement may not be amended or modified in any manner except by a written agreement executed by BNY and the Fund to be bound thereby. 
  

	 	11.	Assignment. 

  
 This Agreement shall extend to and shall be binding upon the parties hereto, and their respective successors and assigns; provided, however, that this
Agreement shall not be assignable by any Fund without the written consent of BNY, or by BNY without the written consent of the affected Fund. 
  

	 	12.	Governing Law; Consent to Jurisdiction. 

  
 This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflict of laws principles thereof. Each Fund
hereby consents to the jurisdiction of a state or federal court situated in New York City, New York in connection with any dispute arising hereunder, and waives to the fullest extent permitted by law its right to a trial by jury. To the extent that
in any jurisdiction any Fund may now or hereafter be entitled to claim, for itself or its assets, immunity from suit, execution, attachment (before or after judgment) or other legal process, such Fund irrevocably agrees not to claim, and it hereby
waives, such immunity. 
  

	 	13.	Severability. 

  
 In case any provision in or obligation under this Agreement shall be invalid, illegal or 









 unenforceable in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations
shall not in any way be affected or impaired thereby, and if any provision is inapplicable to any person or circumstances, it shall nevertheless remain applicable to all other persons and circumstances. 
  

	 	14.	No Waiver. 

  
 Each and every right granted to BNY hereunder or under any other document delivered hereunder or in connection herewith, or allowed it by law or equity,
shall be cumulative and may be exercised from time to time. No failure on the part of BNY to exercise, and no delay in exercising, any right will operate as a waiver thereof, nor will any single or partial exercise by BNY of any right preclude any
other or future exercise thereof or the exercise of any other right. 
  

	 	15.	Notices. 

  
 All notices, requests, consents and other communications pursuant to this Agreement in writing shall be sent as follows: 
  
 if to a Fund, at 
  
 c/o DB Commodity Services LLC 
 60 Wall Street 
 New York, New York 10005

 Attention: Kevin Rich 
  
 if to BNY, at 
  
 The Bank of New York 
 2 Hanson Plase,
12th Floor 
 Brooklyn, New York 11217 
 Attention: 
 Title: 
  
 or at such other place as may from time
to time be designated in writing. Notices hereunder shall be effective upon receipt. 
  

	 	16.	Counterparts. 

  
 This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original; but such counterparts together shall
constitute only one instrument. 








	 	17.	Several Obligations. 

  
 The parties acknowledge that the obligations of the Funds hereunder are several and not joint, that no Fund shall be liable for any amount owing by
another Fund and that the Funds have executed one instrument for convenience only. 







 IN WITNESS WHEREOF, the parties hereto have caused the foregoing instrument to be executed by their duly
authorized officers as of the day and year first above written. 
  
  

			
	DB COMMODITY SERVICES LLC, as managing owner of each of the Funds
		
	 By:
	 	  


	 	 	 Name:

	 	 	 Title:

	
	  
 THE BANK OF NEW
YORK

		
	 By:
	 	  


	 Title:
	 	 









 EXHIBIT A 
  
 Name of Fund 
  
 DB Commodity Index Tracking Fund 
  
 DB Commodity Index Tracking Master Fund 







 EXHIBIT B 
  
 I, Kevin Rich, of DB Commodity Services LLC, a Delaware limited liability company and the sole managing owner of each of DB
Commodity Index Tracking Fund and DB Commodity Index Tracking Master Fund (the “Funds”), in my capacity as an officer of DB Commodity Services LLC and not in my individual capacity, do hereby certify that: 
  
 The following individuals are authorized to give written or oral instructions
or written or oral specifications by or on behalf of each of the Funds to The Bank of New York and the signatures set forth opposite their respective names are their true and correct signatures. 
  

			
	 Name
	 	 Signature

		
	
	 	


  
 IN WITNESS WHEREOF, I have hereunto
set my hand as of the date set forth below: 
  

			
	 By:
	 	  


	 	 	 Kevin Rich

		
	 Dated:
	 	                                     ,
2005


  
  







 SCHEDULE I 
 ADMINISTRATIVE SERVICES 
  

	1.	Maintain each Fund’s minute book and its general corporate records (other than accounting books and records). 

  

	2.	Monitor and document compliance by each Fund with policies and restrictions which have been specified and agreed to in a written annex to this agreement. The review and testing
procedures to be applied shall be as specified in such annex. 

  

	3.	Participate in the periodic updating of each Fund’s Registration Statement and Prospectus and, subject to approval by such Fund’s managing owner and legal counsel,
coordinate the preparation, filing, printing and dissemination of periodic reports and other information to the SEC and the Fund’s shareholders, including, without limitation, Form 10-K and Form 10-Q and proxy materials, if any.


  

	4.	Prepare federal, state and local income tax returns for each Fund and file such returns upon the approval of the Funds’ respective independent accountants.


  

	5.	Assist such Fund in obtaining fidelity bond and E&O/D&O insurance coverage. 

  

	6.	Prepare statistical reports for outside information services. 

  

	7.	Attend shareholder meetings as requested from time to time. 

  

	8.	Establish appropriate expense accruals, maintain expense files and coordinate the payment of invoices. 

  
  







 SCHEDULE II 
  
 VALUATION AND COMPUTATION SERVICES 
  

	 	I.	BNY shall maintain the following records on a daily basis for each Fund. 

  

	 	1.	Report of priced portfolio assets 

  

	 	2.	Statement of net asset value per share 

  

	 	II.	BNY shall maintain the following records on a monthly basis for each Fund: 

  

	 	1.	General Ledger 

  

	 	2.	General Journal 

  

	 	3.	Cash Receipts Journal 

  

	 	4.	Cash Disbursements Journal 

  

	 	5.	Subscriptions Journal 

  

	 	6.	Redemptions Journal 

  

	 	7.	Accounts Receivable Reports 

  

	 	8.	Accounts Payable Reports 

  

	 	9.	Open Subscriptions/Redemption Reports 

  

	 	10.	Transaction Journal 

  

	 	11.	Broker Net Trades Reports 

  
 III. BNY shall prepare a Holdings Ledger on a quarterly basis, and a Buy-Sell Ledger (Broker’s Ledger) on a semiannual basis for each Fund.
Schedule D shall be produced on an annual basis for each Fund. 







 The above reports may be printed according to any other required frequency to meet the requirements of
the Internal Revenue Service, The Securities and Exchange Commission and the Fund’s Auditors. 
  
 IV. For internal control purposes, BNY uses the Account Journals produced by The Bank of New York Custody System to record daily settlements of the
following for each Fund: 
  

	 	1.	Assets bought 

  

	 	2.	Assets sold 

  

	 	3.	Interest received 

  

	 	4.	Capital stock sold 

  

	 	5.	Capital stock redeemed 

  

	 	6.	Other income and expenses 

  
 All portfolio purchases for the Fund are recorded to reflect expected maturity value and total cost including any prepaid interest.