0000950123-12-014166.txt : 20121228 0000950123-12-014166.hdr.sgml : 20121228 20121228091447 ACCESSION NUMBER: 0000950123-12-014166 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 20121031 FILED AS OF DATE: 20121228 DATE AS OF CHANGE: 20121228 EFFECTIVENESS DATE: 20121228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) CENTRAL INDEX KEY: 0000105377 IRS NUMBER: 132576643 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-01424 FILM NUMBER: 121288955 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLZ STREET 2: STE 100 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM EQUITY FUNDS DATE OF NAME CHANGE: 20000713 FORMER COMPANY: FORMER CONFORMED NAME: AIM EQUITY FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: WEINGARTEN EQUITY FUND INC DATE OF NAME CHANGE: 19880929 0000105377 S000000276 INVESCO Capital Development Fund C000000673 Class A ACDAX C000000674 Class B ACDBX C000000675 Class C ACDCX C000000676 Class R ACDRX C000021942 Institutional Class ACDVX C000029593 Investor Class ACDIX C000069440 Class Y ACDYX 0000105377 S000000277 Invesco Charter Fund C000000677 Class A CHTRX C000000678 Class B BCHTX C000000679 Class C CHTCX C000000680 Class R CHRRX C000021943 CLASS R5 CHTVX C000069441 Class Y CHTYX C000081511 CLASS S CHRSX C000120713 Class R6 0000105377 S000000278 Invesco Constellation Fund C000000681 Class A CSTGX C000000682 Class B CSTBX C000000683 Class C CSTCX C000000684 Class R CSTRX C000021944 CLASS R5 CSITX C000069442 Class Y CSTYX 0000105377 S000000281 Invesco Diversified Dividend Fund C000000691 Class A LCEAX C000000692 Class B LCEDX C000000693 Class C LCEVX C000021945 CLASS R5 DDFIX C000029594 Class R DDFRX C000029595 Investor Class LCEIX C000069443 Class Y LCEYX C000120714 Class R6 0000105377 S000022173 INVESCO SUMMIT FUND C000063683 CLASS A ASMMX C000063684 CLASS B BSMMX C000063685 CLASS C CSMMX C000063686 CLASS P SMMIX C000069444 Class Y ASMYX C000069445 CLASS R5 SMITX C000081512 CLASS S SMMSX 0000105377 S000025554 INVESCO DISCIPLINED EQUITY FUND C000076530 CLASS Y AWEIX NSAR-B 1 456838answer.fil ANNUAL REPORT PAGE 1 000 B000000 10/31/2012 000 C000000 0000105377 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) 001 B000000 811-1424 001 C000000 7136261919 002 A000000 11 GREENWAY PLAZA, SUITE 100 002 B000000 HOUSTON 002 C000000 TX 002 D010000 77046 002 D020000 1173 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 5 007 C010200 2 007 C020200 Invesco Constellation Fund 007 C030200 N 007 C010300 3 007 C020300 Invesco Charter Fund 007 C030300 N 007 C011100 11 007 C021100 Invesco Capital Development Fund 007 C031100 Y 007 C011800 18 007 C021800 Invesco Diversified Dividend Fund 007 C031800 N 007 C011900 19 007 C021900 Invesco Summit Fund 007 C031900 N 007 C012000 20 007 C022000 Invesco Disciplined Equity Fund 007 C032000 N 008 A00AA01 Invesco Advisers, Inc. 008 B00AA01 A 008 C00AA01 801-33949 008 D01AA01 HOUSTON 008 D02AA01 TX 008 D03AA01 77046 008 D04AA01 1173 008 A00AA02 Invesco Asset Management Deutschland GmbH 008 B00AA02 S 008 C00AA02 801-67712 PAGE 2 008 D01AA02 Frankfurt 008 D05AA02 Germany 008 D06AA02 60313 008 A00AA03 Invesco Asset Management Limited 008 B00AA03 S 008 C00AA03 801-50197 008 D01AA03 London 008 D05AA03 United Kingdom 008 D06AA03 EC2A1AG 008 A00AA04 Invesco Asset Management (Japan) Ltd. 008 B00AA04 S 008 C00AA04 801-52601 008 D01AA04 Tokyo 008 D05AA04 Japan 008 D06AA04 105-6025 008 A00AA05 Invesco Australia Limited 008 B00AA05 S 008 C00AA05 801-68638 008 D01AA05 Melbourne 008 D05AA05 Australia 008 D06AA05 3000 008 A00AA06 Invesco Hong Kong Limited 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C01AA02 BROOKLYN 015 C02AA02 NY 015 C03AA02 11217 015 C04AA02 1431 015 E01AA02 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 136 019 C00AA00 INVESCOFDS 020 A000001 J.P. MORGAN SECURITIES INC. 020 B000001 13-3299429 020 C000001 763 020 A000002 CITIGROUP GLOBAL MARKETS INC. 020 B000002 11-2418191 020 C000002 708 020 A000003 BNY CONVERGEX EXECUTION SOLUTIONS LLC 020 B000003 13-3989198 020 C000003 641 020 A000004 SANFORD C. 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MORGAN SECURITIES INC. 022 B000006 13-3299429 022 C000006 2412 022 D000006 0 022 A000007 GOLDMAN, SACHS & CO. 022 B000007 13-5108880 022 C000007 1728 022 D000007 0 022 A000008 PIPER JAFFRAY & CO. 022 B000008 41-0953246 022 C000008 2 022 D000008 0 023 C000000 98408 023 D000000 0 024 000200 Y 024 000300 N 024 001100 N 024 001800 N 024 001900 Y 024 002000 N 025 A000201 GOLDMAN, SACHS & CO. 025 B000201 13-5108880 025 C000201 E 025 D000201 69130 025 A001901 GOLDMAN, SACHS & CO. 025 B001901 13-5108880 PAGE 5 025 C001901 E 025 D001901 13152 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 028 A010200 5402 028 A020200 0 028 A030200 0 028 A040200 35684 028 B010200 5442 028 B020200 0 028 B030200 0 028 B040200 28566 028 C010200 4480 028 C020200 0 028 C030200 0 028 C040200 30845 028 D010200 5462 028 D020200 0 028 D030200 0 028 D040200 39325 028 E010200 5634 028 E020200 0 028 E030200 0 028 E040200 32267 028 F010200 6158 028 F020200 0 028 F030200 0 028 F040200 37232 028 G010200 32578 028 G020200 0 028 G030200 0 028 G040200 203919 028 H000200 9578 028 A010300 49427 028 A020300 0 028 A030300 0 028 A040300 69435 028 B010300 141693 028 B020300 0 028 B030300 0 028 B040300 154877 028 C010300 48176 028 C020300 0 PAGE 6 028 C030300 0 028 C040300 81919 028 D010300 45633 028 D020300 0 028 D030300 0 028 D040300 133802 028 E010300 134547 028 E020300 0 028 E030300 0 028 E040300 175352 028 F010300 43836 028 F020300 0 028 F030300 0 028 F040300 107181 028 G010300 463312 028 G020300 0 028 G030300 0 028 G040300 722566 028 H000300 32447 028 A011100 3680 028 A021100 0 028 A031100 0 028 A041100 11967 028 B011100 652 028 B021100 0 028 B031100 0 028 B041100 2936 028 C011100 0 028 C021100 0 028 C031100 0 028 C041100 0 028 D011100 0 028 D021100 0 028 D031100 0 028 D041100 0 028 E011100 0 028 E021100 0 028 E031100 0 028 E041100 0 028 F011100 0 028 F021100 0 028 F031100 0 028 F041100 0 028 G011100 4332 028 G021100 0 028 G031100 0 028 G041100 14903 028 H001100 530 028 A011800 112983 028 A021800 0 028 A031800 0 PAGE 7 028 A041800 50861 028 B011800 102577 028 B021800 20492 028 B031800 0 028 B041800 51606 028 C011800 83671 028 C021800 0 028 C031800 0 028 C041800 47784 028 D011800 115481 028 D021800 0 028 D031800 0 028 D041800 62028 028 E011800 241840 028 E021800 21132 028 E031800 0 028 E041800 234661 028 F011800 125815 028 F021800 0 028 F031800 0 028 F041800 65172 028 G011800 782367 028 G021800 41624 028 G031800 0 028 G041800 512112 028 H001800 67634 028 A011900 6109 028 A021900 0 028 A031900 0 028 A041900 22642 028 B011900 5119 028 B021900 0 028 B031900 0 028 B041900 18888 028 C011900 5313 028 C021900 0 028 C031900 0 028 C041900 19088 028 D011900 5206 028 D021900 0 028 D031900 0 028 D041900 19852 028 E011900 5466 028 E021900 0 028 E031900 0 028 E041900 19268 028 F011900 5983 028 F021900 0 028 F031900 0 028 F041900 22487 028 G011900 33196 PAGE 8 028 G021900 0 028 G031900 0 028 G041900 122225 028 H001900 1143 028 A012000 6806 028 A022000 0 028 A032000 0 028 A042000 1383 028 B012000 6872 028 B022000 0 028 B032000 0 028 B042000 2362 028 C012000 6180 028 C022000 0 028 C032000 0 028 C042000 3262 028 D012000 3630 028 D022000 0 028 D032000 0 028 D042000 2731 028 E012000 6644 028 E022000 0 028 E032000 0 028 E042000 3570 028 F012000 4146 028 F022000 0 028 F032000 0 028 F042000 1672 028 G012000 34278 028 G022000 0 028 G032000 0 028 G042000 14980 028 H002000 0 029 000200 Y 029 000300 Y 029 001100 Y 029 001800 Y 029 001900 Y 029 002000 N 030 A000200 1021 030 B000200 5.50 030 C000200 0.00 030 A000300 2912 030 B000300 5.50 030 C000300 0.00 030 A001100 137 030 B001100 5.50 030 C001100 0.00 030 A001800 5136 030 B001800 5.50 030 C001800 0.00 PAGE 9 030 A001900 83 030 B001900 5.50 030 C001900 0.00 030 A002000 0 030 B002000 0.00 030 C002000 0.00 031 A000200 153 031 B000200 0 031 A000300 357 031 B000300 0 031 A001100 18 031 B001100 0 031 A001800 618 031 B001800 0 031 A001900 10 031 B001900 0 031 A002000 0 031 B002000 0 032 000200 868 032 000300 2555 032 001100 119 032 001800 4518 032 001900 73 032 002000 0 033 000200 0 033 000300 0 033 001100 0 033 001800 0 033 001900 0 033 002000 0 034 000200 Y 034 000300 Y 034 001100 Y 034 001800 Y 034 001900 Y 034 002000 N 035 000200 127 035 000300 160 035 001100 25 035 001800 62 035 001900 1 035 002000 0 036 A000200 N 036 B000200 0 036 A000300 N 036 B000300 0 036 A001100 N 036 B001100 0 036 A001800 N 036 B001800 0 036 A001900 N PAGE 10 036 B001900 0 036 B002000 0 037 000200 N 037 000300 N 037 001100 N 037 001800 N 037 001900 N 037 002000 N 038 000200 0 038 000300 0 038 001100 0 038 001800 0 038 001900 0 038 002000 0 039 000200 N 039 000300 N 039 001100 N 039 001800 N 039 001900 N 039 002000 N 040 000200 Y 040 000300 Y 040 001100 Y 040 001800 Y 040 001900 Y 040 002000 N 041 000200 Y 041 000300 Y 041 001100 Y 041 001800 Y 041 001900 Y 042 A000200 0 042 B000200 0 042 C000200 100 042 D000200 0 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 0 042 A000300 0 042 B000300 0 042 C000300 100 042 D000300 0 042 E000300 0 042 F000300 0 042 G000300 0 042 H000300 0 042 A001100 0 042 B001100 0 042 C001100 100 042 D001100 0 PAGE 11 042 E001100 0 042 F001100 0 042 G001100 0 042 H001100 0 042 A001800 0 042 B001800 0 042 C001800 100 042 D001800 0 042 E001800 0 042 F001800 0 042 G001800 0 042 H001800 0 042 A001900 0 042 B001900 0 042 C001900 100 042 D001900 0 042 E001900 0 042 F001900 0 042 G001900 0 042 H001900 0 042 A002000 0 042 B002000 0 042 C002000 0 042 D002000 0 042 E002000 0 042 F002000 0 042 G002000 0 042 H002000 0 043 000200 7597 043 000300 14576 043 001100 1283 043 001800 10832 043 001900 1648 043 002000 0 044 000200 0 044 000300 0 044 001100 0 044 001800 0 044 001900 0 044 002000 0 045 000200 Y 045 000300 Y 045 001100 Y 045 001800 Y 045 001900 Y 045 002000 Y 046 000200 N 046 000300 N 046 001100 N 046 001800 N 046 001900 N PAGE 12 046 002000 N 047 000200 Y 047 000300 Y 047 001100 Y 047 001800 Y 047 001900 Y 047 002000 Y 048 000200 0.000 048 A010200 250000 048 A020200 0.695 048 B010200 4000000 048 B020200 0.615 048 C010200 750000 048 C020200 0.595 048 D010200 2500000 048 D020200 0.570 048 E010200 2500000 048 E020200 0.545 048 F010200 0 048 F020200 0.000 048 G010200 0 048 G020200 0.000 048 H010200 0 048 H020200 0.000 048 I010200 0 048 I020200 0.000 048 J010200 0 048 J020200 0.000 048 K010200 10000000 048 K020200 0.520 048 000300 0.000 048 A010300 250000 048 A020300 0.695 048 B010300 4050000 048 B020300 0.615 048 C010300 3900000 048 C020300 0.570 048 D010300 1800000 048 D020300 0.545 048 E010300 0 048 E020300 0.000 048 F010300 0 048 F020300 0.000 048 G010300 0 048 G020300 0.000 048 H010300 0 048 H020300 0.000 048 I010300 0 048 I020300 0.000 048 J010300 0 048 J020300 0.000 PAGE 13 048 K010300 10000000 048 K020300 0.520 048 001100 0.000 048 A011100 350000 048 A021100 0.750 048 B011100 0 048 B021100 0.000 048 C011100 0 048 C021100 0.000 048 D011100 0 048 D021100 0.000 048 E011100 0 048 E021100 0.000 048 F011100 0 048 F021100 0.000 048 G011100 0 048 G021100 0.000 048 H011100 0 048 H021100 0.000 048 I011100 0 048 I021100 0.000 048 J011100 0 048 J021100 0.000 048 K011100 350000 048 K021100 0.625 048 001800 0.000 048 A011800 350000 048 A021800 0.600 048 B011800 350000 048 B021800 0.550 048 C011800 1300000 048 C021800 0.500 048 D011800 2000000 048 D021800 0.450 048 E011800 2000000 048 E021800 0.400 048 F011800 2000000 048 F021800 0.375 048 G011800 0 048 G021800 0.000 048 H011800 0 048 H021800 0.000 048 I011800 0 048 I021800 0.000 048 J011800 0 048 J021800 0.000 048 K011800 8000000 048 K021800 0.350 048 001900 0.000 048 A011900 10000 048 A021900 1.000 PAGE 14 048 B011900 140000 048 B021900 0.750 048 C011900 0 048 C021900 0.000 048 D011900 0 048 D021900 0.000 048 E011900 0 048 E021900 0.000 048 F011900 0 048 F021900 0.000 048 G011900 0 048 G021900 0.000 048 H011900 0 048 H021900 0.000 048 I011900 0 048 I021900 0.000 048 J011900 0 048 J021900 0.000 048 K011900 150000 048 K021900 0.625 048 002000 0.000 048 A012000 250000 048 A022000 0.695 048 B012000 250000 048 B022000 0.670 048 C012000 500000 048 C022000 0.645 048 D012000 1500000 048 D022000 0.620 048 E012000 2500000 048 E022000 0.595 048 F012000 2500000 048 F022000 0.570 048 G012000 2500000 048 G022000 0.545 048 H012000 0 048 H022000 0.000 048 I012000 0 048 I022000 0.000 048 J012000 0 048 J022000 0.000 048 K012000 10000000 048 K022000 0.520 049 000200 N 049 000300 N 049 001100 N 049 001800 N 049 001900 N 049 002000 N 050 000200 N 050 000300 N PAGE 15 050 001100 N 050 001800 N 050 001900 N 050 002000 N 051 000200 N 051 000300 N 051 001100 N 051 001800 N 051 001900 N 051 002000 N 052 000200 N 052 000300 N 052 001100 N 052 001800 N 052 001900 N 052 002000 N 053 A000200 Y 053 B000200 Y 053 C000200 N 053 A000300 Y 053 B000300 Y 053 C000300 N 053 A001100 Y 053 B001100 Y 053 C001100 N 053 A001800 Y 053 B001800 Y 053 C001800 N 053 A001900 Y 053 B001900 Y 053 C001900 N 053 A002000 Y 053 B002000 Y 053 C002000 N 054 A00AA00 Y 054 B00AA00 N 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 N 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 N 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 055 A000200 N 055 B000200 N PAGE 16 055 A000300 N 055 B000300 N 055 A001100 N 055 B001100 N 055 A001800 N 055 B001800 N 055 A001900 N 055 B001900 N 055 A002000 N 055 B002000 N 056 000200 Y 056 000300 Y 056 001100 Y 056 001800 Y 056 001900 Y 056 002000 Y 057 000200 N 057 000300 N 057 001100 N 057 001800 N 057 001900 N 057 002000 N 058 A000200 N 058 A000300 N 058 A001100 N 058 A001800 N 058 A001900 N 058 A002000 N 059 000200 Y 059 000300 Y 059 001100 Y 059 001800 Y 059 001900 Y 059 002000 Y 060 A000200 Y 060 B000200 Y 060 A000300 Y 060 B000300 Y 060 A001100 Y 060 B001100 Y 060 A001800 Y 060 B001800 Y 060 A001900 Y 060 B001900 Y 060 A002000 Y 060 B002000 Y 061 000200 50 061 000300 50 061 001100 50 061 001800 50 061 001900 50 PAGE 17 061 002000 50 062 A000200 N 062 B000200 0.0 062 C000200 0.0 062 D000200 0.0 062 E000200 0.0 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 0.0 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 062 R000200 0.0 062 A000300 N 062 B000300 0.0 062 C000300 0.0 062 D000300 0.0 062 E000300 0.0 062 F000300 0.0 062 G000300 0.0 062 H000300 0.0 062 I000300 0.0 062 J000300 0.0 062 K000300 0.0 062 L000300 0.0 062 M000300 0.0 062 N000300 0.0 062 O000300 0.0 062 P000300 0.0 062 Q000300 0.0 062 R000300 0.0 062 A001100 N 062 B001100 0.0 062 C001100 0.0 062 D001100 0.0 062 E001100 0.0 062 F001100 0.0 062 G001100 0.0 062 H001100 0.0 062 I001100 0.0 062 J001100 0.0 062 K001100 0.0 062 L001100 0.0 062 M001100 0.0 062 N001100 0.0 PAGE 18 062 O001100 0.0 062 P001100 0.0 062 Q001100 0.0 062 R001100 0.0 062 A001800 N 062 B001800 0.0 062 C001800 0.0 062 D001800 0.0 062 E001800 0.0 062 F001800 0.0 062 G001800 0.0 062 H001800 0.0 062 I001800 0.0 062 J001800 0.0 062 K001800 0.0 062 L001800 0.0 062 M001800 0.0 062 N001800 0.0 062 O001800 0.0 062 P001800 0.0 062 Q001800 0.0 062 R001800 0.0 062 A001900 N 062 B001900 0.0 062 C001900 0.0 062 D001900 0.0 062 E001900 0.0 062 F001900 0.0 062 G001900 0.0 062 H001900 0.0 062 I001900 0.0 062 J001900 0.0 062 K001900 0.0 062 L001900 0.0 062 M001900 0.0 062 N001900 0.0 062 O001900 0.0 062 P001900 0.0 062 Q001900 0.0 062 R001900 0.0 062 A002000 N 062 B002000 0.0 062 C002000 0.0 062 D002000 0.0 062 E002000 0.0 062 F002000 0.0 062 G002000 0.0 062 H002000 0.0 062 I002000 0.0 062 J002000 0.0 062 K002000 0.0 PAGE 19 062 L002000 0.0 062 M002000 0.0 062 N002000 0.0 062 O002000 0.0 062 P002000 0.0 062 Q002000 0.0 062 R002000 0.0 063 A000200 0 063 B000200 0.0 063 A000300 0 063 B000300 0.0 063 A001100 0 063 B001100 0.0 063 A001800 0 063 B001800 0.0 063 A001900 0 063 B001900 0.0 063 A002000 0 063 B002000 0.0 066 A000200 Y 066 B000200 N 066 C000200 Y 066 D000200 N 066 E000200 N 066 F000200 N 066 G000200 N 066 A000300 Y 066 B000300 N 066 C000300 N 066 D000300 Y 066 E000300 N 066 F000300 N 066 G000300 N 066 A001100 Y 066 B001100 N 066 C001100 Y 066 D001100 N 066 E001100 N 066 F001100 N 066 G001100 N 066 A001800 Y 066 B001800 N 066 C001800 N 066 D001800 N 066 E001800 Y 066 F001800 N 066 G001800 N 066 A001900 Y 066 B001900 N 066 C001900 Y 066 D001900 N PAGE 20 066 E001900 N 066 F001900 N 066 G001900 N 066 A002000 Y 066 B002000 N 066 C002000 N 066 D002000 Y 066 E002000 N 066 F002000 N 066 G002000 N 067 000200 N 067 000300 N 067 001100 N 067 001800 N 067 001900 N 067 002000 N 068 A000200 N 068 B000200 N 068 A000300 N 068 B000300 N 068 A001100 N 068 B001100 N 068 A001800 N 068 B001800 N 068 A001900 N 068 B001900 N 068 A002000 N 068 B002000 N 069 000200 N 069 000300 N 069 001100 N 069 001800 N 069 001900 N 069 002000 N 070 A010200 Y 070 A020200 N 070 B010200 Y 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 Y 070 E020200 N 070 F010200 Y 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 Y 070 H020200 N 070 I010200 N PAGE 21 070 I020200 N 070 J010200 Y 070 J020200 Y 070 K010200 Y 070 K020200 Y 070 L010200 Y 070 L020200 Y 070 M010200 Y 070 M020200 Y 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 Y 070 Q010200 N 070 Q020200 N 070 R010200 Y 070 R020200 N 070 A010300 Y 070 A020300 N 070 B010300 Y 070 B020300 N 070 C010300 Y 070 C020300 N 070 D010300 Y 070 D020300 N 070 E010300 Y 070 E020300 N 070 F010300 Y 070 F020300 N 070 G010300 Y 070 G020300 N 070 H010300 Y 070 H020300 N 070 I010300 N 070 I020300 N 070 J010300 Y 070 J020300 N 070 K010300 Y 070 K020300 Y 070 L010300 Y 070 L020300 Y 070 M010300 Y 070 M020300 Y 070 N010300 Y 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 Y PAGE 22 070 Q010300 N 070 Q020300 N 070 R010300 Y 070 R020300 N 070 A011100 Y 070 A021100 N 070 B011100 Y 070 B021100 N 070 C011100 Y 070 C021100 N 070 D011100 Y 070 D021100 N 070 E011100 Y 070 E021100 N 070 F011100 Y 070 F021100 N 070 G011100 Y 070 G021100 N 070 H011100 Y 070 H021100 N 070 I011100 N 070 I021100 N 070 J011100 Y 070 J021100 Y 070 K011100 Y 070 K021100 Y 070 L011100 Y 070 L021100 Y 070 M011100 Y 070 M021100 N 070 N011100 Y 070 N021100 Y 070 O011100 Y 070 O021100 N 070 P011100 Y 070 P021100 Y 070 Q011100 N 070 Q021100 N 070 R011100 Y 070 R021100 N 070 A011800 Y 070 A021800 N 070 B011800 Y 070 B021800 N 070 C011800 Y 070 C021800 N 070 D011800 Y 070 D021800 N 070 E011800 Y 070 E021800 N 070 F011800 Y PAGE 23 070 F021800 N 070 G011800 Y 070 G021800 N 070 H011800 Y 070 H021800 N 070 I011800 N 070 I021800 N 070 J011800 Y 070 J021800 N 070 K011800 Y 070 K021800 Y 070 L011800 Y 070 L021800 Y 070 M011800 Y 070 M021800 Y 070 N011800 Y 070 N021800 N 070 O011800 Y 070 O021800 N 070 P011800 Y 070 P021800 Y 070 Q011800 N 070 Q021800 N 070 R011800 Y 070 R021800 N 070 A011900 Y 070 A021900 N 070 B011900 Y 070 B021900 N 070 C011900 Y 070 C021900 N 070 D011900 Y 070 D021900 N 070 E011900 Y 070 E021900 N 070 F011900 Y 070 F021900 N 070 G011900 Y 070 G021900 N 070 H011900 Y 070 H021900 N 070 I011900 N 070 I021900 N 070 J011900 Y 070 J021900 Y 070 K011900 Y 070 K021900 Y 070 L011900 Y 070 L021900 Y 070 M011900 Y 070 M021900 Y PAGE 24 070 N011900 Y 070 N021900 Y 070 O011900 Y 070 O021900 N 070 P011900 Y 070 P021900 Y 070 Q011900 N 070 Q021900 N 070 R011900 Y 070 R021900 N 070 A012000 Y 070 A022000 N 070 B012000 Y 070 B022000 N 070 C012000 Y 070 C022000 N 070 D012000 Y 070 D022000 N 070 E012000 Y 070 E022000 N 070 F012000 Y 070 F022000 N 070 G012000 Y 070 G022000 N 070 H012000 Y 070 H022000 N 070 I012000 N 070 I022000 N 070 J012000 Y 070 J022000 N 070 K012000 Y 070 K022000 Y 070 L012000 Y 070 L022000 Y 070 M012000 Y 070 M022000 N 070 N012000 Y 070 N022000 N 070 O012000 Y 070 O022000 N 070 P012000 Y 070 P022000 N 070 Q012000 N 070 Q022000 N 070 R012000 Y 070 R022000 N 071 A000200 2370406 071 B000200 2809770 071 C000200 2496983 071 D000200 95 071 A000300 1854296 PAGE 25 071 B000300 2391015 071 C000300 4452320 071 D000300 42 071 A001100 347830 071 B001100 448882 071 C001100 594924 071 D001100 58 071 A001800 853564 071 B001800 540119 071 C001800 4512996 071 D001800 12 071 A001900 562557 071 B001900 732244 071 C001900 1543047 071 D001900 36 071 A002000 118310 071 B002000 60613 071 C002000 270393 071 D002000 22 072 A000200 12 072 B000200 16 072 C000200 25655 072 D000200 0 072 E000200 0 072 F000200 16191 072 G000200 0 072 H000200 0 072 I000200 8670 072 J000200 97 072 K000200 0 072 L000200 567 072 M000200 159 072 N000200 88 072 O000200 0 072 P000200 0 072 Q000200 523 072 R000200 42 072 S000200 33 072 T000200 7597 072 U000200 0 072 V000200 0 072 W000200 98 072 X000200 34065 072 Y000200 382 072 Z000200 -8012 072AA000200 343960 072BB000200 285852 072CC010200 54698 072CC020200 0 072DD010200 0 072DD020200 0 PAGE 26 072EE000200 0 072 A000300 12 072 B000300 0 072 C000300 100844 072 D000300 0 072 E000300 0 072 F000300 32516 072 G000300 0 072 H000300 0 072 I000300 10631 072 J000300 348 072 K000300 0 072 L000300 652 072 M000300 302 072 N000300 147 072 O000300 0 072 P000300 0 072 Q000300 660 072 R000300 43 072 S000300 62 072 T000300 14576 072 U000300 -46 072 V000300 0 072 W000300 161 072 X000300 60052 072 Y000300 1291 072 Z000300 42083 072AA000300 336522 072BB000300 198763 072CC010300 278893 072CC020300 0 072DD010300 25075 072DD020300 5919 072EE000300 0 072 A001100 8 072 B001100 0 072 C001100 3714 072 D001100 0 072 E001100 0 072 F001100 2560 072 G001100 0 072 H001100 0 072 I001100 1018 072 J001100 2 072 K001100 0 072 L001100 12 072 M001100 38 072 N001100 89 072 O001100 0 072 P001100 0 072 Q001100 121 PAGE 27 072 R001100 -1 072 S001100 1 072 T001100 1283 072 U001100 0 072 V001100 0 072 W001100 4 072 X001100 5127 072 Y001100 8 072 Z001100 -1405 072AA001100 19697 072BB001100 16282 072CC011100 7727 072CC021100 0 072DD011100 0 072DD021100 0 072EE001100 0 072 A001800 12 072 B001800 15 072 C001800 125074 072 D001800 0 072 E001800 0 072 F001800 22154 072 G001800 0 072 H001800 0 072 I001800 6670 072 J001800 99 072 K001800 0 072 L001800 333 072 M001800 270 072 N001800 171 072 O001800 0 072 P001800 0 072 Q001800 640 072 R001800 19 072 S001800 26 072 T001800 10832 072 U001800 82 072 V001800 0 072 W001800 84 072 X001800 41380 072 Y001800 598 072 Z001800 84307 072AA001800 133944 072BB001800 41459 072CC011800 554260 072CC021800 0 072DD011800 40823 072DD021800 43218 072EE001800 48329 072 A001900 12 072 B001900 0 PAGE 28 072 C001900 18635 072 D001900 0 072 E001900 0 072 F001900 10125 072 G001900 0 072 H001900 0 072 I001900 2306 072 J001900 45 072 K001900 0 072 L001900 43 072 M001900 105 072 N001900 83 072 O001900 0 072 P001900 0 072 Q001900 406 072 R001900 35 072 S001900 18 072 T001900 1648 072 U001900 0 072 V001900 0 072 W001900 46 072 X001900 14860 072 Y001900 61 072 Z001900 3836 072AA001900 147779 072BB001900 110700 072CC011900 109095 072CC021900 0 072DD011900 4 072DD021900 2381 072EE001900 0 072 A002000 12 072 B002000 0 072 C002000 5223 072 D002000 0 072 E002000 0 072 F002000 1952 072 G002000 0 072 H002000 0 072 I002000 85 072 J002000 10 072 K002000 0 072 L002000 12 072 M002000 36 072 N002000 22 072 O002000 0 072 P002000 0 072 Q002000 65 072 R002000 30 072 S002000 8 072 T002000 0 PAGE 29 072 U002000 0 072 V002000 0 072 W002000 7 072 X002000 2227 072 Y002000 15 072 Z002000 3011 072AA002000 13805 072BB002000 2390 072CC012000 21535 072CC022000 0 072DD012000 1954 072DD022000 0 072EE002000 4146 073 A010200 0.0000 073 A020200 0.0000 073 B000200 0.0000 073 C000200 0.0000 073 A010300 0.0000 073 A020300 0.0000 073 B000300 0.0000 073 C000300 0.0000 073 A011100 0.0000 073 A021100 0.0000 073 B001100 0.0000 073 C001100 0.0000 073 A011800 0.0000 073 A021800 0.0000 073 B001800 0.1390 073 C001800 0.0000 073 A011900 0.0000 073 A021900 0.0000 073 B001900 0.0000 073 C001900 0.0000 073 A012000 0.0900 073 A022000 0.0000 073 B002000 0.1910 073 C002000 0.0000 074 A000200 0 074 B000200 0 074 C000200 0 074 D000200 0 074 E000200 0 074 F000200 2284978 074 G000200 0 074 H000200 0 074 I000200 111168 074 J000200 5932 074 K000200 0 074 L000200 1046 074 M000200 709 074 N000200 2403833 PAGE 30 074 O000200 9306 074 P000200 2236 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 7272 074 S000200 0 074 T000200 2385019 074 U010200 94940 074 U020200 8178 074 V010200 0.00 074 V020200 0.00 074 W000200 0.0000 074 X000200 534536 074 Y000200 0 074 A000300 6173 074 B000300 0 074 C000300 0 074 D000300 0 074 E000300 0 074 F000300 4194435 074 G000300 0 074 H000300 0 074 I000300 904853 074 J000300 765689 074 K000300 0 074 L000300 9442 074 M000300 596 074 N000300 5881188 074 O000300 526389 074 P000300 3568 074 Q000300 0 074 R010300 0 074 R020300 0 074 R030300 0 074 R040300 13461 074 S000300 0 074 T000300 5337770 074 U010300 226979 074 U020300 74063 074 V010300 0.00 074 V020300 0.00 074 W000300 0.0000 074 X000300 772648 074 Y000300 0 074 A001100 0 074 B001100 0 074 C001100 0 074 D001100 0 074 E001100 0 PAGE 31 074 F001100 0 074 G001100 0 074 H001100 0 074 I001100 0 074 J001100 0 074 K001100 0 074 L001100 0 074 M001100 0 074 N001100 0 074 O001100 0 074 P001100 0 074 Q001100 0 074 R011100 0 074 R021100 0 074 R031100 0 074 R041100 0 074 S001100 0 074 T001100 0 074 U011100 0 074 U021100 0 074 V011100 0.00 074 V021100 0.00 074 W001100 0.0000 074 X001100 0 074 Y001100 0 074 A001800 3716 074 B001800 0 074 C001800 0 074 D001800 0 074 E001800 0 074 F001800 4784581 074 G001800 0 074 H001800 0 074 I001800 508011 074 J001800 711 074 K001800 0 074 L001800 24299 074 M001800 255 074 N001800 5321573 074 O001800 53352 074 P001800 3061 074 Q001800 0 074 R011800 0 074 R021800 0 074 R031800 0 074 R041800 7845 074 S001800 0 074 T001800 5257315 074 U011800 186131 074 U021800 202353 074 V011800 0.00 PAGE 32 074 V021800 0.00 074 W001800 0.0000 074 X001800 530854 074 Y001800 0 074 A001900 14 074 B001900 0 074 C001900 0 074 D001900 0 074 E001900 0 074 F001900 1501496 074 G001900 0 074 H001900 0 074 I001900 53646 074 J001900 0 074 K001900 0 074 L001900 1039 074 M001900 162 074 N001900 1556357 074 O001900 3226 074 P001900 450 074 Q001900 0 074 R011900 0 074 R021900 0 074 R031900 0 074 R041900 4403 074 S001900 0 074 T001900 1548278 074 U011900 1792 074 U021900 119624 074 V011900 0.00 074 V021900 0.00 074 W001900 0.0000 074 X001900 76949 074 Y001900 2038 074 A002000 0 074 B002000 0 074 C002000 0 074 D002000 0 074 E002000 0 074 F002000 309040 074 G002000 0 074 H002000 0 074 I002000 10183 074 J002000 1351 074 K002000 0 074 L002000 386 074 M002000 24 074 N002000 320984 074 O002000 0 074 P002000 33 074 Q002000 0 PAGE 33 074 R012000 0 074 R022000 0 074 R032000 0 074 R042000 270 074 S002000 0 074 T002000 320681 074 U012000 27215 074 U022000 0 074 V012000 11.78 074 V022000 0.00 074 W002000 0.0000 074 X002000 20043 074 Y002000 0 075 A000200 0 075 B000200 2546993 075 A000300 0 075 B000300 5298663 075 A001100 0 075 B001100 598533 075 A001800 0 075 B001800 4649991 075 A001900 0 075 B001900 1581470 075 A002000 0 075 B002000 281055 076 000200 0.00 076 000300 0.00 076 001100 0.00 076 001800 0.00 076 001900 0.00 076 002000 0.00 077 A000000 Y 077 B000000 Y 077 C000000 N 077 D000000 N 077 E000000 Y 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 Y 077 J000000 N 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 Y 078 000000 N PAGE 34 080 A00AA00 ICI Mutual Insurance Co. 080 C00AA00 55000 081 A00AA00 Y 081 B00AA00 142 082 A00AA00 Y 082 B00AA00 100 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 SIGNATURE KELLI GALLEGOS TITLE ASSISTANT VP & ASSISTANT TREASURER EX-99.77B ACCT LTTR 2 dex9977b.txt EX-99.77B REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees and Shareholders of AIM Equity Funds (Invesco Equity Funds): In planning and performing our audits of the financial statements of Invesco Charter Fund, Invesco Constellation Fund, Invesco Disciplined Equity Fund, Invesco Summit Fund and Invesco Diversified Dividend Fund (hereafter referred to as the "Funds"), as of and for the year ended October 31, 2012, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting. Management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and trustees of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Funds' annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of October 31, 2012. This report is intended solely for the information and use of management and the Board of Trustees of AIM Equity Funds (Invesco Equity Funds) and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ PricewaterhouseCoopers LLP Houston, Texas December 21, 2012 EX-99.77E LEGAL 3 dex77e.txt EX-99.77E Sub-Item 77E AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) LEGAL PROCEEDINGS On August 30, 2005, the West Virginia Securities Commissioner (WVSC) issued a Summary Order to Cease and Desist and Notice of Right to Hearing to AIM Advisors, Inc. and AIM Distributors, Inc. (predecessors to Invesco Advisers, Inc. and Invesco Distributors, Inc., respectively) (collectively, "Invesco") (Order No. 05-1318). The WVSC alleged that Invesco entered into certain arrangements permitting market timing and failed to disclose these arrangements in violation of the West Virginia securities laws. The WVSC ordered Invesco to cease any further violations and sought to impose monetary sanctions, including restitution to affected investors, disgorgement of fees, reimbursement of investigatory, administrative and legal costs and an "administrative assessment" to be determined by the Commissioner. On October 27, 2011, a hearing examiner was appointed to this matter. This matter continues to be indefinitely suspended. Management of Invesco and the Trust believe that the outcome of the proceedings described above will not have a material adverse effect on the Trust or on the ability of Invesco to provide ongoing services to the Trust. EX-99.77I NEW SECUR 4 dex77i.txt EX-99.77I SUB-ITEM 77I TERMS OF NEW OR AMENDED SECURITIES AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) INVESCO CHARTER FUND AND INVESCO DIVERSIFIED DIVIDEND FUND On September 24, 2012, AIM Equity Funds (Invesco Equity Funds) (the "Trust") commenced operations of Class R6 shares for the following funds: Invesco Charter Fund and Invesco Diversified Dividend Fund (each a "Fund" and collectively the "Funds") Class R6 shares are sold at net asset value, and are not subject to an initial sales charge or to a CDSC. Shares of beneficial interest of the Trust are redeemable at their net asset value at the option of the shareholder or at the option of the Trust in certain circumstances, subject in certain circumstances to a contingent deferred sales charge. Each class of shares represents an interest in the same portfolio of investments. Differing sales charges and expenses will result in differing net asset values and dividends and distributions. Each share of a Fund generally has the same voting, dividend, liquidation and other rights; however, each class of shares of a Fund is subject to different sales loads, conversion features, exchange privileges and class-specific expenses. Only shareholders of a specific class may vote on matters relating to that class's distribution plan. Shareholders of each Fund are entitled to one vote per share (with proportionate voting for fractional shares), irrespective of the relative net asset value of the shares of a Fund. However, on matters affecting an individual Fund or class of shares, a separate vote of shareholders of that Fund or class is required. Shareholders of a Fund or class are not entitled to vote on any matter which does not affect that Fund or class but that requires a separate vote of another Fund or class. When issued, shares of each Fund are fully paid and nonassessable, have no preemptive or subscription rights, and are freely transferable. Class R6 shares do not have conversion rights. Class R6 shares do not have cumulative voting rights, which means that when shareholders elect trustees, holders of more than 50% of the shares voting for the election of trustees can elect all of the trustees of the Trust, and the holders of fewer than 50% of the shares voting for the election of trustees will not be able to elect any trustees. Upon any liquidation of the Trust, shareholders of each class are entitled to share pro rata in the net assets belonging to the applicable Fund allocable to such class available for distribution after satisfaction of outstanding liabilities of the Fund allocable to such class. Under Delaware law, shareholders of a Delaware statutory trust shall be entitled to the same limitation of personal liability extended to shareholders of private for-profit corporations organized under Delaware law. There is a remote possibility, however, that shareholders could, under certain circumstances, be held liable for the obligations of the Trust to the extent the courts of another state, which does not recognize such limited liability, were to apply the laws of such state to a controversy involving such obligations. The Trust Agreement disclaims shareholder liability for acts or obligations of the Trust and requires that notice of such disclaimer be given in each agreement, obligation or instrument entered into or executed by the Trust or the trustees to all parties. The Trust Agreement provides for indemnification out of the property of the Fund for all losses and expenses of any shareholder of such Fund held liable on account of being or having been a shareholder. Thus, the risk of a shareholder incurring financial loss due to shareholder liability is limited to circumstances in which the Fund is unable to meet its obligations and the complaining party is not held to be bound by the disclaimer. EX-99.77Q1 OTHR EXHB 5 dex77q1a-17.txt EX-99.77Q1 Sub-Item 77Q1(a) AMENDMENT NO. 17 TO THE AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) This Amendment No. 17 (the "Amendment") to the Amended and Restated Agreement and Declaration of Trust of AIM Equity Funds (Invesco Equity Funds) (the "Trust") amends, effective September 24, 2012, the Amended and Restated Agreement and Declaration of Trust of the Trust dated as of September 14, 2005, as amended (the "Agreement"). Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust. WHEREAS, the Trust desires to amend the Agreement to (i) add Class R6 Shares to select funds and (ii) change the name of Institutional Class Shares to Class R5 Shares; NOW, THEREFORE, the Agreement is hereby amended as follows: 1. Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. 2. All references in the Agreement to "this Agreement" shall mean the Agreement as amended by this Amendment. 3. Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of July 16, 2012. By: /s/ John M. Zerr --------------------------- Name: John M. Zerr Title: Senior Vice President EXHIBIT 1 "SCHEDULE A AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) PORTFOLIOS AND CLASSES THEREOF
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- ------------------------- Invesco Capital Development Fund Class A Shares Class B Shares Class C Shares Class R Shares Class R5 Shares Class Y Shares Investor Class Shares Invesco Charter Fund Class A Shares Class B Shares Class C Shares Class R Shares Class R5 Shares Class R6 Shares Class S Shares Class Y Shares Invesco Constellation Fund Class A Shares Class B Shares Class C Shares Class R Shares Class R5 Shares Class Y Shares Invesco Disciplined Equity Fund Class Y Shares Invesco Diversified Dividend Fund Class A Shares Class B Shares Class C Shares Class R Shares Class R5 Shares Class R6 Shares Class Y Shares Investor Class Shares Invesco Summit Fund Class A Shares Class B Shares Class C Shares Class P Shares Class R5 Shares Class S Shares Class Y Shares"
EX-99.77Q1 OTHR EXHB 6 dex77q1e-a.txt EX-99.77Q1 Sub-Item 77Q1(e) MEMORANDUM OF AGREEMENT (ADVISORY FEE WAIVERS) This Memorandum of Agreement is entered into as of the effective date on the attached Exhibit A and B (each an "Exhibit" or, collectively the "Exhibits"), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Treasurer's Series Trust (Invesco Treasurer's Series Trust), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Municipal Income Opportunities Trust, Invesco, Invesco Municipal Premium Income Trust, Invesco Quality Municipal Income Trust, Invesco Quality Municipal Investment Trust, Invesco Quality Municipal Securities, Invesco Value Municipal Bond Trust, Invesco Value Municipal Income Trust, Invesco Value Municipal Securities, Invesco Value Municipal Trust, and Short-Term Investments Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive fees of the Funds, on behalf of their respective classes as applicable, severally and not jointly, as indicated in the Exhibits. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Invesco agrees that until at least the expiration date set forth on Exhibit A (the "Expiration Date") and with respect to those Funds listed on the Exhibit, Invesco will waive its advisory fees at the rate set forth on the Exhibit. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco agree as follows: 1. Invesco agrees that until the expiration date, if any, of the commitment set forth on the attached Exhibit B occurs, as such Exhibit B is amended from time to time, Invesco will waive advisory fees payable by an Investing Fund (defined below) in an amount equal to 100% of the net advisory fee Invesco receives on the Uninvested Cash (defined below) from the Affiliated Money Market Fund (defined below) in which the Investing Fund invests (the "Waiver"). i. Invesco's Fund Accounting Group will calculate, and apply, the Waiver monthly, based upon the average investment of Uninvested Cash made by the Investing Fund during the previous month in an Affiliated Money Market Fund. ii. The Waiver will not apply to those Investing Funds that do not charge an advisory fee, either due to the terms of their advisory agreement, or as a result of contractual or voluntary fee waivers. iii. The Waiver will not apply to cash collateral for securities lending.a For purposes of the paragraph above, the following terms shall have the following meanings: (a) "Affiliated Money Market Fund" - any existing or future Trust that holds itself out as a money market fund and complies with Rule 2a-7 under the Investment Company Act of 1940, as amended; (b) "Investing Fund" - any Fund investing Cash Balances and/or Cash Collateral in an Affiliated Money Market Fund; and (c) "Uninvested Cash" - cash available and uninvested by a Trust that may result from a variety of sources, including dividends or interest received on portfolio securities, unsettled securities transactions, strategic reserves, matured investments, proceeds from liquidation of investment securities, dividend payments, or new investor capital. 2. Neither a Trust nor Invesco may remove or amend the Waiver to a Trust's detriment prior to requesting and receiving the approval of the Board of Trustee of the applicable Fund's Trust to remove or amend such Waiver. Invesco will not have any right to reimbursement of any amount so waived. The Boards of Trustees and Invesco may terminate or modify this Memorandum of Agreement prior to the Expiration Date only by mutual written consent. Invesco will not have any right to reimbursement of any amount so waived or reimbursed. Subject to the foregoing paragraphs, Invesco agrees to review the then-current waivers for each class of the Funds listed on the Exhibits on a date prior to the Expiration Date to determine whether such waivers should be amended, continued or terminated. The waivers will expire upon the Expiration Date unless the Trusts and Invesco have agreed to continue them. The Exhibits will be amended to reflect any such agreement. It is expressly agreed that the obligations of the Trusts hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of each Trust, and this Memorandum of Agreement has been executed and delivered by an authorized officer of each Trust acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. IN WITNESS WHEREOF, each of the Trusts, on behalf of itself and its Funds listed in Exhibit A and B to this Memorandum of Agreement, and Invesco have entered into this Memorandum of Agreement as of the Effective Date on the attached Exhibits. AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) AIM FUNDS GROUP (INVESCO FUNDS GROUP) AIM GROWTH SERIES (INVESCO GROWTH SERIES) AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S SERIES TRUST) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST INVESCO MUNICIPAL PREMIUM INCOME TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO QUALITY MUNICIPAL INVESTMENT TRUST INVESCO QUALITY MUNICIPAL SECURITIES INVESCO VALUE MUNICIPAL BOND TRUST INVESCO VALUE MUNICIPAL INCOME TRUST INVESCO VALUE MUNICIPAL SECURITIES INVESCO VALUE MUNICIPAL TRUST SHORT-TERM INVESTMENTS TRUST on behalf of the Funds listed in the Exhibit to this Memorandum of Agreement By: /s/ John M. Zerr --------------------------- Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr --------------------------- Title: Senior Vice President EXHIBIT A TO ADVISORY FEE MOA
AIM EQUITY FUNDS (INVESCO EQUITY EXPIRATION FUNDS) WAIVER DESCRIPTION EFFECTIVE DATE DATE ------------------ ----------------------------------------------------- ------------------ ------------------ Invesco Invesco will waive advisory fees to 3/27/2006 12/31/2012 Constellation Fund the extent necessary so that advisory fees Invesco receives do not exceed the annualized rates listed below. 0.695% of the first $250M 0.615% of the next $4B 0.595% of the next $750M 0.57% of the next $2.5B 0.545% of the next $2.5B 0.52% of the excess over $10B AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S EXPIRATION SERIES TRUST) WAIVER DESCRIPTION EFFECTIVE DATE DATE ------------------ ----------------------------------------------------- ------------------ ------------------ Premier Portfolio Invesco will waive advisory fees in the amount 2/1/2011 12/31/2012 of 0.07% of the Fund's average daily net assets Premier U.S. Invesco will waive advisory fees in the amount 2/1/2011 12/31/2012 Government Money of 0.07% of the Fund's average daily net assets Portfolio
EXHIBIT "B" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- ----------------- --------------- Invesco American Franchise Fund February 12, 2010 June 30, 2013 Invesco California Tax-Free Income Fund February 12, 2010 June 30, 2013 Invesco Core Plus Bond Fund June 2, 2009 June 30, 2013 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2013 Invesco Equity and Income Fund February 12, 2010 June 30, 2013 Invesco Floating Rate Fund July 1, 2007 June 30, 2013 Invesco Global Real Estate Income Fund July 1, 2007 June 30, 2013 Invesco Growth and Income Fund February 12, 2010 June 30, 2013 Invesco Pennsylvania Tax Free Income Fund February 12, 2010 June 30, 2013 Invesco S&P 500 Index Fund February 12, 2010 June 30, 2013 Invesco Small Cap Growth Fund February 12, 2010 June 30, 2013 Invesco U.S. Quantitative Core Fund July 1, 2007 June 30, 2013 AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- ----------------- --------------- Invesco Charter Fund July 1, 2007 June 30, 2013 Invesco Constellation Fund July 1, 2007 June 30, 2013 Invesco Disciplined Equity Fund July 14, 2009 June 30, 2013 Invesco Diversified Dividend Fund July 1, 2007 June 30, 2013 Invesco Summit Fund July 1, 2007 June 30, 2013 AIM FUNDS GROUP (INVESCO FUNDS GROUP) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco European Small Company Fund July 1, 2007 June 30, 2013 Invesco Global Core Equity Fund July 1, 2007 June 30, 2013 Invesco International Small Company Fund July 1, 2007 June 30, 2013 Invesco Small Cap Equity Fund July 1, 2007 June 30, 2013 AIM GROWTH SERIES (INVESCO GROWTH SERIES) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Convertible Securities Fund February 12, 2010 June 30, 2013 Invesco Global Quantitative Core Fund July 1, 2007 June 30, 2013 Invesco Leaders Fund February 12, 2010 June 30, 2013 Invesco Mid Cap Core Equity Fund July 1, 2007 June 30, 2013 Invesco Small Cap Growth Fund July 1, 2007 June 30, 2013 Invesco U.S. Mortgage Fund February 12, 2010 June 30, 2013 AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco Asia Pacific Growth Fund July 1, 2007 June 30, 2013 Invesco European Growth Fund July 1, 2007 June 30, 2013 Invesco Global Growth Fund July 1, 2007 June 30, 2013 Invesco Global Opportunities Fund August 1, 2012 June 30, 2013 Invesco Global Select Companies Fund August 1, 2012 June 30, 2013 Invesco Global Small & Mid Cap Growth Fund July 1, 2007 June 30, 2013 Invesco International Growth Fund July 1, 2007 June 30, 2013 Invesco International Core Equity Fund July 1, 2007 June 30, 2013 AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco Balanced-Risk Allocation Fund* May 29, 2009 June 30, 2013 Invesco Balanced-Risk Commodity Strategy Fund** November 29, 2010 June 30, 2013 Invesco China Fund July 1, 2007 June 30, 2013 Invesco Commodities Strategy Fund*** February 12, 2010 June 30, 2013 Invesco Developing Markets Fund July 1, 2007 June 30, 2013 Invesco Emerging Markets Equity Fund May 11, 2011 June 30, 2013 Invesco Emerging Market Local Currency Debt Fund June 14, 2010 June 30, 2013 Invesco Endeavor Fund July 1, 2007 June 30, 2013 Invesco Global Advantage Fund February 12, 2010 June 30, 2013 Invesco Global Health Care Fund July 1, 2007 June 30, 2013 Invesco Global Markets Strategy Fund September 25, 2012 June 30, 2013 Invesco International Total Return Fund July 1, 2007 June 30, 2013 Invesco Pacific Growth Fund February 12, 2010 June 30, 2013 Invesco Premium Income Fund December 13, 2011 June 30, 2013 Invesco Small Companies Fund July 1, 2007 June 30, 2013 AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco Corporate Bond Fund February 12, 2010 June 30, 2013 Invesco Dynamics Fund July 1, 2007 June 30, 2013 Invesco Global Real Estate Fund July 1, 2007 June 30, 2013 Invesco High Yield Fund July 1, 2007 June 30, 2013 Invesco High Yield Securities Fund February 12, 2010 June 30, 2013 Invesco Limited Maturity Treasury Fund July 1, 2007 June 30, 2013 Invesco Money Market Fund July 1, 2007 June 30, 2013 Invesco Municipal Bond Fund July 1, 2007 June 30, 2013 Invesco Real Estate Fund July 1, 2007 June 30, 2013 Invesco Short Term Bond Fund July 1, 2007 June 30, 2013 Invesco U.S. Government Fund July 1, 2007 June 30, 2013
----------------- * Advisory fees to be waived by Invesco for Invesco Balanced-Risk Allocation Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund I, Ltd. invests. ** Advisory fees to be waived by Invesco for Invesco Balanced-Risk Commodity Strategy Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund III, Ltd. invests. *** Advisory fees to be waived by Invesco for Invesco Commodities Strategy Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund II, Ltd. Invests. Sub-Item 77Q1(e) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco American Value Fund February 12, 2010 June 30, 2013 Invesco Comstock Fund February 12, 2010 June 30, 2013 Invesco Energy Fund July 1, 2007 June 30, 2013 Invesco Gold & Precious Metals Fund July 1, 2007 June 30, 2013 Invesco Leisure Fund July 1, 2007 June 30, 2013 Invesco Mid Cap Growth Fund February 12, 2010 June 30, 2013 Invesco Small Cap Value Fund February 12, 2010 June 30, 2013 Invesco Technology Fund July 1, 2007 June 30, 2013 Invesco Technology Sector Fund February 12, 2010 June 30, 2013 Invesco Utilities Fund July 1, 2007 June 30, 2013 Invesco Value Fund February 12, 2010 June 30, 2013 Invesco Value Opportunities Fund February 12, 2010 June 30, 2013 AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco High Yield Municipal Fund February 12, 2010 June 30, 2013 Invesco Intermediate Term Municipal Income Fund February 12, 2010 June 30, 2013 Invesco Municipal Income Fund February 12, 2010 June 30, 2013 Invesco New York Tax Free Income Fund February 12, 2010 June 30, 2013 Invesco Tax-Exempt Cash Fund July 1, 2007 June 30, 2013 Invesco Tax-Free Intermediate Fund July 1, 2007 June 30, 2013 AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco V.I. Balanced-Risk Allocation Fund**** December 22, 2010 June 30, 2013 Invesco V.I. Core Equity Fund July 1, 2007 June 30, 2013 Invesco V.I. Diversified Dividend Fund February 12, 2010 June 30, 2013 Invesco V.I. Diversified Income Fund July 1, 2007 June 30, 2013 Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2013 Invesco V.I. Global Core Equity Fund February 12, 2010 June 30, 2013 Invesco V.I. Global Health Care Fund July 1, 2007 June 30, 2013 Invesco V.I. Global Real Estate Fund July 1, 2007 June 30, 2013 Invesco V.I. Government Securities Fund July 1, 2007 June 30, 2013 Invesco V.I. High Yield Fund July 1, 2007 June 30, 2013 Invesco V.I. High Yield Securities Fund February 12, 2010 June 30, 2013 Invesco V.I. International Growth Fund July 1, 2007 June 30, 2013 Invesco V.I. Mid Cap Core Equity Fund July 1, 2007 June 30, 2013 Invesco V.I. Money Market Fund July 1, 2007 June 30, 2013 Invesco V.I. S&P 500 Index Fund February 12, 2010 June 30, 2013 Invesco V.I. Small Cap Equity Fund July 1, 2007 June 30, 2013 Invesco V.I. Technology Fund July 1, 2007 June 30, 2013 Invesco V.I. Utilities Fund July 1, 2007 June 30, 2013 Invesco Van Kampen V.I. American Franchise Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. American Value Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. Comstock Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. Equity and Income Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. Growth and Income Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. Mid Cap Growth Fund February 12, 2010 June 30, 2013 Invesco Van Kampen V.I. Value Opportunities Fund July 1, 2007 June 30, 2013
--------------------------- **** Advisory fees to be waived by Invesco for Invesco V.I. Balanced-Risk Allocation Fund also include an amount equal to advisory fees that Invesco receives from any money market fund or similarly pooled cash equivalent investment vehicle advised by Invesco and/or Invesco's affiliates in which Invesco Cayman Commodity Fund IV, Ltd. invests. SHORT-TERM INVESTMENTS TRUST FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Government TaxAdvantage Portfolio July 1, 2007 June 30, 2013 STIC Prime Portfolio July 1, 2007 June 30, 2013 Treasury Portfolio July 1, 2007 June 30, 2013 CLOSED-END FUNDS FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco Municipal Income Opportunities Trust June 1, 2010 June 30, 2013 Invesco Municipal Premium Income Trust June 1, 2010 June 30, 2013 Invesco Quality Municipal Income Trust June 1, 2010 June 30, 2013 Invesco Quality Municipal Investment Trust June 1, 2010 June 30, 2013 Invesco Quality Municipal Securities June 1, 2010 June 30, 2013 Invesco Value Municipal Bond Trust June 1, 2010 June 30, 2013 Invesco Value Municipal Income Trust June 1, 2010 June 30, 2013 Invesco Value Municipal Securities June 1, 2010 June 30, 2013 Invesco Value Municipal Trust June 1, 2010 June 30, 2013 SUB-ITEM 77Q1(E) MEMORANDUM OF AGREEMENT (EXPENSE LIMITATIONS) This Memorandum of Agreement is entered into as of the Effective Date on the attached exhibits (the "Exhibits"), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Municipal Income Opportunities Trust I and Short-Term Investments Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive fees or reimburse expenses of each Fund, on behalf of its respective classes as applicable, severally and not jointly, as indicated in the attached Exhibits. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco agree as follows: For the Contractual Limits (listed in Exhibits A - D), Invesco agrees until at least the expiration date set forth on the attached Exhibits A - D (the "Expiration Date") that Invesco will waive its fees or reimburse expenses to the extent that expenses of a class of a Fund (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items, including litigation expenses; and (v) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement, if applicable) exceed the rate, on an annualized basis, set forth on the Exhibits of the average daily net assets allocable to such class. Acquired fund fees and expenses are not fees or expenses incurred by a fund directly but are expenses of the investment companies in which a fund invests. These fees and expenses are incurred indirectly through the valuation of a fund's investment in these investment companies. Acquired fund fees and expenses are required to be disclosed and included in the total annual fund operating expenses in the prospectus fee table. As a result, the net total annual fund operating expenses shown in the prospectus fee table may exceed the expense limits reflected in Exhibits A - D. With regard to the Contractual Limits, the Board of Trustees of the Trust and Invesco may terminate or modify this Memorandum of Agreement prior to the Expiration Date only by mutual written consent. Invesco will not have any right to reimbursement of any amount so waived or reimbursed. For the Contractual Limits, Invesco agrees to review the then-current expense limitations for each class of each Fund listed on the Exhibits on a date prior to the Expiration Date to determine whether such limitations should be amended, continued or terminated. The expense limitations will expire upon the Expiration Date unless the Trusts and Invesco have agreed to continue them. The Exhibits will be amended to reflect any such agreement. For the Voluntary Limits (listed in Exhibits A - D), Invesco agrees that these are not contractual in nature and that Invesco may establish, amend and/or terminate such expense limitations at any time in its sole discretion after consultation with the Funds' Boards of Trustees. Any delay or failure by Invesco to update this Memorandum of Agreement with regards to the terminations, extensions, or expirations of the Voluntary Limits shall have no effect on the term of such Voluntary Limitations; the Voluntary Limitations are listed herein for informational purposes only. It is expressly agreed that the obligations of each Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of each Fund, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of the Trusts, and this Memorandum of Agreement has been executed and delivered by an authorized officer of the Trusts acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. IN WITNESS WHEREOF, each of the Trusts and Invesco have entered into this Memorandum of Agreement as of the Effective Dates on the attached Exhibits. AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) AIM FUNDS GROUP (INVESCO FUNDS GROUP) AIM GROWTH SERIES (INVESCO GROWTH SERIES) AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST I SHORT-TERM INVESTMENTS TRUST on behalf of the Funds listed in the Exhibits to this Memorandum of Agreement By: /s/ John M. Zerr --------------------------- Title: Senior Vice President --------------------------- INVESCO ADVISERS, INC. By: /s/ John M. Zerr --------------------------- Title: Senior Vice President --------------------------- 2 as of September 25, 2012 EXHIBIT "A" - RETAIL FUNDS/1/ AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco American Franchise Fund Class A Shares Contractual 1.05% May 23, 2011 June 30, 2013 Class B Shares Contractual 1.22%/2/ May 23, 2011 June 30, 2013 Class C Shares Contractual 1.80% May 23, 2011 June 30, 2013 Class R Shares Contractual 1.30% May 23, 2011 June 30, 2013 Class R5 Shares Contractual 0.80% May 23, 2011 June 30, 2013 Class Y Shares Contractual 0.80% May 23, 2011 June 30, 2013 Invesco California Tax-Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Core Plus Bond Fund Class A Shares Contractual 0.75% June 6, 2011 June 30, 2013 Class B Shares Contractual 1.50% June 6, 2011 June 30, 2013 Class C Shares Contractual 1.50% June 6, 2011 June 30, 2013 Class R Shares Contractual 1.00% June 6, 2011 June 30, 2013 Class R5 Shares Contractual 0.50% June 6, 2011 June 30, 2013 Class Y Shares Contractual 0.50% June 6, 2011 June 30, 2013 Invesco Equally-Weighted S&P 500 Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Equity and Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Floating Rate Fund Class A Shares Contractual 1.50% April 14, 2006 June 30, 2013 Class C Shares Contractual 2.00% April 14, 2006 June 30, 2013 Class R Shares Contractual 1.75% April 14, 2006 June 30, 2013 Class R5 Shares Contractual 1.25% April 14, 2006 June 30, 2013 Class Y Shares Contractual 1.25% October 3, 2008 June 30, 2013 Invesco Global Real Estate Income Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco Growth and Income Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013
See page 14 for footnotes to Exhibit A. 3 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Pennsylvania Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco S&P 500 Index Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco U.S. Quantitative Core Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2013 AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Charter Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco Constellation Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco Disciplined Equity Fund Class Y Shares Contractual 1.75% July 14, 2009 June 30, 2013 Invesco Diversified Dividend Fund Class A Shares Contractual 0.95% July 18, 2011 June 30, 2013 Class B Shares Contractual 1.70% July 18, 2011 June 30, 2013 Class C Shares Contractual 1.70% July 18, 2011 June 30, 2013 Class R Shares Contractual 1.20% July 18, 2011 June 30, 2013 Class R5 Shares Contractual 0.70% July 18, 2011 June 30, 2013 Class Y Shares Contractual 0.70% July 18, 2011 June 30, 2013 Investor Class Shares Contractual 0.95% July 18, 2011 June 30, 2013
See page 14 for footnotes to Exhibit A. 4 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Summit Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class P Shares Contractual 1.85% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 AIM FUNDS GROUP (INVESCO FUNDS GROUP) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco European Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Global Core Equity Fund Class A Shares Contractual 1.25% May 23, 2011 June 30, 2013 Class B Shares Contractual 1.52%/2/ May 23, 2011 June 30, 2013 Class C Shares Contractual 2.00% May 23, 2011 June 30, 2013 Class R Shares Contractual 1.50% May 23, 2011 June 30, 2013 Class R5 Shares Contractual 1.00% May 23, 2011 June 30, 2013 Class Y Shares Contractual 1.00% May 23, 2011 June 30, 2013 Invesco International Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Small Cap Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 AIM GROWTH SERIES (INVESCO GROWTH SERIES) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Balanced-Risk Retirement 2020 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2013 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2013 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2013 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2013 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2013 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2013 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2013
See page 14 for footnotes to Exhibit A. 5 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco Balanced-Risk Retirement 2030 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2013 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2013 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2013 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2013 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2013 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2013 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2013 Invesco Balanced-Risk Retirement 2040 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2013 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2013 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2013 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2013 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2013 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2013 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2013 Invesco Balanced-Risk Retirement 2050 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2013 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2013 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2013 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2013 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2013 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2013 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2013 Invesco Balanced-Risk Retirement Now Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2013 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2013 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2013 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2013 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2013 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2013 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2013 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2013 Invesco Conservative Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Convertible Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013
See page 14 for footnotes to Exhibit A. 6 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco Global Quantitative Core Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Growth Allocation Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class S Shares Contractual 1.90% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Income Allocation Fund Class A Shares Contractual 0.25% May 1, 2012 April 30, 2013 Class B Shares Contractual 1.00% May 1, 2012 April 30, 2013 Class C Shares Contractual 1.00% May 1, 2012 April 30, 2013 Class R Shares Contractual 0.50% May 1, 2012 April 30, 2013 Class R5 Shares Contractual 0.00% May 1, 2012 April 30, 2013 Class Y Shares Contractual 0.00% May 1, 2012 April 30, 2013 Invesco International Allocation Fund Class A Shares Contractual 2.25% May 1, 2012 June 30, 2013 Class B Shares Contractual 3.00% May 1, 2012 June 30, 2013 Class C Shares Contractual 3.00% May 1, 2012 June 30, 2013 Class R Shares Contractual 2.50% May 1, 2012 June 30, 2013 Class R5 Shares Contractual 2.00% May 1, 2012 June 30, 2013 Class Y Shares Contractual 2.00% May 1, 2012 June 30, 2013 Invesco Leaders Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Mid Cap Core Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco Moderate Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2013
See page 14 for footnotes to Exhibit A. 7 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco U.S. Mortgage Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Asia Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco European Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30. 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2013 Invesco Global Growth Fund Class A Shares Contractual 1.32% December 19, 2011 December 31, 2012 Class B Shares Contractual 2.07% December 19, 2011 December 31, 2012 Class C Shares Contractual 2.07% December 19, 2011 December 31, 2012 Class R5 Shares Contractual 1.07% December 19, 2011 December 31, 2012 Class Y Shares Contractual 1.07% December 19, 2011 December 31, 2012 Invesco Global Opportunities Fund Class A Shares Contractual 1.36% August 1, 2012 July 31, 2013 Class C Shares Contractual 2.11% August 1, 2012 July 31, 2013 Class R Shares Contractual 1.61% August 1, 2012 July 31, 2013 Class R5 Shares Contractual 1.11% August 1, 2012 July 31, 2013 Class Y Shares Contractual 1.11% August 1, 2012 July 31, 2013 Invesco Select Opportunities Fund Class A Shares Contractual 1.51% August 1, 2012 July 31, 2013 Class C Shares Contractual 2.26% August 1, 2012 July 31, 2013 Class R Shares Contractual 1.76% August 1, 2012 July 31, 2013 Class R5 Shares Contractual 1.26% August 1, 2012 July 31, 2013 Class Y Shares Contractual 1.26% August 1, 2012 July 31, 2013 Invesco Global Small & Mid Cap Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30. 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco International Core Equity Fund Class A Shares Contractual 2.25% July 1, 2009 June 30. 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2013
See page 14 for footnotes to Exhibit A. 8 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco International Growth Fund Class A Shares Contractual 1.40% May 23, 2011 June 30, 2013 Class B Shares Contractual 2.15% May 23, 2011 June 30, 2013 Class C Shares Contractual 2.15% May 23, 2011 June 30, 2013 Class R Shares Contractual 1.65% May 23, 2011 June 30, 2013 Class R5 Shares Contractual 1.15% May 23, 2011 June 30, 2013 Class Y Shares Contractual 1.15% May 23, 2011 June 30, 2013 AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Balanced-Risk Allocation Fund/3/ Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Balanced-Risk Commodity Strategy Fund/4/ Class A Shares Contractual 1.22% November 29, 2010 June 30, 2014 Class B Shares Contractual 1.97% November 29, 2010 June 30, 2014 Class C Shares Contractual 1.97% November 29, 2010 June 30, 2014 Class R Shares Contractual 1.47% November 29, 2010 June 30, 2014 Class R5 Shares Contractual 0.97% November 29, 2010 June 30, 2014 Class Y Shares Contractual 0.97% November 29, 2010 June 30, 2014 Invesco China Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Developing Markets Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Emerging Market Local Currency Debt Fund Class A Shares Contractual 1.24% June 14, 2010 February 28, 2013 Class B Shares Contractual 1.99% June 14, 2010 February 28, 2013 Class C Shares Contractual 1.99% June 14, 2010 February 28, 2013 Class R Shares Contractual 1.49% June 14, 2010 February 28, 2013 Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2013 Class R5 Shares Contractual 0.99% June 14, 2010 February 28, 2013 Invesco Emerging Markets Equity Fund Class A Shares Contractual 1.85% May 11, 2011 February 28, 2013 Class C Shares Contractual 2.60% May 11, 2011 February 28, 2013 Class R Shares Contractual 2.10% May 11, 2011 February 28, 2013 Class R5 Shares Contractual 1.60% May 11, 2011 February 28, 2013 Class Y Shares Contractual 1.60% May 11, 2011 February 28, 2013
See page 14 for footnotes to Exhibit A. 9 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Endeavor Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco Global Health Care Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Global Markets Strategy Fund/5/ Class H1 Shares Contractual 2.00% September 25, 2012 October 31, 2013 Invesco International Total Return Fund Class A Shares Contractual 1.10% March 31, 2006 February 28, 2013 Class B Shares Contractual 1.85% March 31, 2006 February 28, 2013 Class C Shares Contractual 1.85% March 31, 2006 February 28, 2013 Class R5 Shares Contractual 0.85% October 3, 2008 February 28, 2013 Class Y Shares Contractual 0.85% March 31, 2006 February 28, 2013 Invesco Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.50% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Premium Income Fund Class A Shares Contractual 0.89% December 13, 2011 February 28, 2013 Class C Shares Contractual 1.64% December 13, 2011 February 28, 2013 Class R Shares Contractual 1.14% December 13, 2011 February 28, 2013 Class R5 Shares Contractual 0.64% December 13, 2011 February 28, 2013 Class Y Shares Contractual 0.64% December 13, 2011 February 28, 2013 Invesco Select Companies Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Corporate Bond Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013
See page 14 for footnotes to Exhibit A. 10 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Dynamics Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Global Real Estate Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Invesco High Yield Fund Class A Shares Contractual 0.89% June 6, 2011 June 30, 2013 Class B Shares Contractual 1.64% June 6, 2011 June 30, 2013 Class C Shares Contractual 1.64% June 6, 2011 June 30, 2013 Class R5 Shares Contractual 0.64% June 6, 2011 June 30, 2013 Class Y Shares Contractual 0.64% June 6, 2011 June 30, 2013 Investor Class Shares Contractual 0.89% June 6, 2011 June 30, 2013 Invesco High Yield Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.10% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Limited Maturity Treasury Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class A2 Shares Contractual 1.40% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Municipal Bond Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2013 Invesco Real Estate Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Short Term Bond Fund Class A Shares Contractual 0.56% June 6, 2011 June 30, 2013 Class C Shares Contractual 0.91% March 4, 2009 June 30, 2013 Class R Shares Contractual 0.91% March 4, 2009 June 30, 2013 Class R5 Shares Contractual 0.41% March 4, 2009 June 30, 2013 Class Y Shares Contractual 0.41% March 4, 2009 June 30, 2013
See page 14 for footnotes to Exhibit A. 11 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco U.S. Government Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2013 AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco American Value Fund Class A Shares Contractual 1.25% April 30, 2012 June 30, 2013 Class B Shares Contractual 2.00% April 30, 2012 June 30, 2013 Class C Shares Contractual 2.00% April 30, 2012 June 30, 2013 Class R Shares Contractual 1.50% April 30, 2012 June 30, 2013 Class R5 Shares Contractual 1.00% April 30, 2012 June 30, 2013 Class Y Shares Contractual 1.00% April 30, 2012 June 30, 2013 Invesco Comstock Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Energy Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Gold & Precious Metals Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Leisure Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2013 Invesco Mid Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Small Cap Value Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013
See page 14 for footnotes to Exhibit A. 12 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Technology Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2013 Invesco Technology Sector Fund Class A Shares Contractual 2.00% February 12, 2010 June 30, 2013 Class B Shares Contractual 2.75% February 12, 2010 June 30, 2013 Class C Shares Contractual 2.75% February 12, 2010 June 30, 2013 Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2013 Invesco Utilities Fund Class A Shares Contractual 1.32% May 23, 2011 June 30, 2013 Class B Shares Contractual 2.07% May 23, 2011 June 30, 2013 Class C Shares Contractual 2.07% May 23, 2011 June 30, 2013 Class R5 Shares Contractual 1.07% May 23, 2011 June 30, 2013 Class Y Shares Contractual 1.07% May 23, 2011 June 30, 2013 Investor Class Shares Contractual 1.32% May 23, 2011 June 30, 2013 Invesco Value Opportunities Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2013 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2013 AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco High Yield Municipal Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013 Invesco Intermediate Term Municipal Income Fund Class A Shares Contractual 0.75% June 6, 2011 June 30, 2013 Class B Shares Contractual 1.50% June 6, 2011 June 30, 2013 Class C Shares Contractual 1.50% June 6, 2011 June 30, 2013 Class Y Shares Contractual 0.50% June 6, 2011 June 30, 2013 Invesco Municipal Income Fund Class A Shares Contractual 0.83% June 6, 2011 June 30, 2013 Class B Shares Contractual 1.58% June 6, 2011 June 30, 2013 Class C Shares Contractual 1.58% June 6, 2011 June 30, 2013 Class Y Shares Contractual 0.58% June 6, 2011 June 30, 2013 Invesco New York Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013
See page 14 for footnotes to Exhibit A. 13 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Tax-Free Intermediate Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2013 Class A2 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2013 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2013
/1/ The total operating expenses of any class of shares established after the date of this Memorandum of Agreement will be limited to the amount established for Class A Shares plus the difference between the new class 12b-1 rate and the Class A 12b-1 rate. /2/ The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc. /3/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund I, Ltd. /4/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund III, Ltd. /5/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund V, Ltd. 14 as of September 25, 2012 EXHIBIT "B" - INSTITUTIONAL MONEY MARKET FUNDS/1,2/ SHORT-TERM INVESTMENTS TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Government & Agency Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2012 Government TaxAdvantage Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.39%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2012 Liquid Assets Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.34% July 1, 2009 December 31, 2012 STIC Prime Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2012 Tax-Free Cash Reserve Portfolio/3/ Cash Management Class Contractual 0.33%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.28% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.25% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.80%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.50%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.12%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.41%/2/ July 1, 2009 December 31, 2012 Treasury Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2012 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2012 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2012 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2012 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2012 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2012 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2012
/1/ The expense rate excluding 12b-1 fees of any class of shares established after the date of this Memorandum of Agreement will be the same as existing classes. /2/ The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc. /3/ The expense limitation also excludes Trustees' fees and federal registration expenses. 15 as of September 25, 2012 EXHIBIT "C" - VARIABLE INSURANCE FUNDS AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco V.I. Balanced-Risk Allocation Fund/1/ Series I Shares Contractual 0.72% May 15, 2012 June 30, 2013 Series II Shares Contractual 0.97% May 15, 2012 June 30, 2013 Invesco V.I. Core Equity Fund Series I Shares Contractual 1.30% January 1, 2005 April 30, 2013 Series II Shares Contractual 1.45% January 1, 2005 April 30, 2013 Invesco V.I. Diversified Dividend Fund Series I Shares Contractual 0.77% July 1, 2012 April 30, 2013 Series II Shares Contractual 1.02% July 1, 2012 April 30, 2013 Invesco V.I. Diversified Income Fund Series I Shares Contractual 0.75% July 1, 2005 April 30, 2013 Series II Shares Contractual 1.00% July 1, 2005 April 30, 2013 Invesco V.I. Equally-Weighted S&P 500 Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2013 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2013 Invesco V.I. Global Core Equity Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2013 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2013 Invesco V.I. Global Health Care Fund Series I Shares Contractual 1.30% April 30, 2004 April 30, 2013 Series II Shares Contractual 1.45% April 30, 2004 April 30, 2013 Invesco V.I. Global Real Estate Fund Series I Shares Contractual 1.30% April 30, 2004 April 30, 2013 Series II Shares Contractual 1.45% April 30, 2004 April 30, 2013 Invesco V.I. Government Securities Fund Series I Shares Contractual 0.70% July 1, 2012 April 30, 2013 Series II Shares Contractual 0.95% July 1, 2012 April 30, 2013 Invesco V.I. High Yield Fund Series I Shares Contractual 0.80% May 2, 2011 June 30, 2013
----------------- /1/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund IV, Ltd. 16 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Series II Shares Contractual 1.05% May 2, 2011 June 30, 2013 Invesco V.I. High Yield Securities Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2013 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco V.I. International Growth Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2013 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2013 Invesco V.I. Mid Cap Core Equity Fund Series I Shares Contractual 1.30% September 10, 2001 April 30, 2013 Series II Shares Contractual 1.45% September 10, 2001 April 30, 2013 Invesco V.I. Money Market Fund Series I Shares Contractual 1.30% January 1, 2005 April 30, 2013 Series II Shares Contractual 1.45% January 1, 2005 April 30, 2013 Invesco V.I. S&P 500 Index Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2013 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2013 Invesco V.I. Small Cap Equity Fund Series I Shares Contractual 1.15% July 1, 2005 April 30, 2013 Series II Shares Contractual 1.40% July 1, 2005 April 30, 2013 Invesco V.I. Technology Fund Series I Shares Contractual 1.30% April 30, 2004 April 30, 2013 Series II Shares Contractual 1.45% April 30, 2004 April 30, 2013 Invesco V.I. Utilities Fund Series I Shares Contractual 2.00% May 1, 2012 June 30, 2013 Series II Shares Contractual 2.25% May 1, 2012 June 30, 2013 Invesco Van Kampen V.I. American Franchise Fund Series I Shares Contractual 0.90% July 1, 2012 June 30, 2014 Series II Shares Contractual 1.15% July 1, 2012 June 30, 2014 Invesco Van Kampen V.I. American Value Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2013 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2013 Invesco Van Kampen V.I. Comstock Fund Series I Shares Contractual 0.72% July 1, 2012 April 30, 2013 Series II Shares Contractual 0.97% July 1, 2012 April 30, 2013
17 as of September 25, 2012
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco Van Kampen V.I. Equity and Income Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2013 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2013 Invesco Van Kampen V.I. Growth and Income Fund Series I Shares Contractual 0.72% July 1, 2012 April 30, 2013 Series II Shares Contractual 0.97% July 1, 2012 April 30, 2013 Invesco Van Kampen V.I. Mid Cap Growth Fund Series I Shares Contractual 1.09% July 1, 2012 June 30, 2014 Series II Shares Contractual 1.34% July 1, 2012 June 30, 2014 Invesco Van Kampen V.I. Value Opportunities Fund Series I Shares Contractual 1.30% January 1, 2005 April 30, 2013 Series II Shares Contractual 1.45% January 1, 2005 April 30, 2013
18 as of September 25, 2012 EXHIBIT "D" - CLOSED-END FUNDS INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST I
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- --------------- Invesco Municipal Income Opportunities Trust I Contractual 0.67% August 27, 2012 August 31, 2014
19 Sub-Item 77Q1(e) AMENDMENT NO. 17 TO MASTER INVESTMENT ADVISORY AGREEMENT This Amendment dated as of September 24, 2012, amends the Master Investment Advisory Agreement (the "Agreement") dated June 21, 2000, between AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation. W I T N E S S E T H: WHEREAS, the parties desire to amend the Agreement to remove the Invesco Capital Development Fund; NOW, THEREFORE, the parties agree that: 1. Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: "APPENDIX A FUNDS AND EFFECTIVE DATES NAME OF FUND EFFECTIVE DATE OF ADVISORY AGREEMENT ------------ ------------------------------------- Invesco Charter Fund June 1, 2000 Invesco Constellation Fund June 1, 2000 Invesco Disciplined Equity Fund July 14, 2009 Invesco Diversified Dividend Fund December 28, 2001 Invesco Summit Fund April 30, 2008 APPENDIX B COMPENSATION TO THE ADVISOR The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund. INVESCO CHARTER FUND NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.......................................... 0.695% Next $4.05 billion.......................................... 0.615% Next $3.9 billion........................................... 0.57% Next $1.8 billion........................................... 0.545% Over $10 billion............................................ 0.52% INVESCO CONSTELLATION FUND NET ASSETS ANNUAL RATE ---------- ----------- First $150 million.......................................... 0.80% Over $150 million........................................... 0.625% INVESCO DISCIPLINED EQUITY FUND NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.......................................... 0.695% Next $250 million........................................... 0.67% Next $500 million........................................... 0.645% Next $1.5 billion........................................... 0.62% Next $2.5 billion........................................... 0.595% Next $2.5 billion........................................... 0.57% Next $2.5 billion........................................... 0.545% Over $10 billion............................................ 0.52% 2 INVESCO DIVERSIFIED DIVIDEND FUND NET ASSETS ANNUAL RATE ---------- ----------- First $350 million................................ 0.60% Next $350 million................................. 0.55% Next $1.3 billion................................. 0.50% Next $2 billion................................... 0.45% Next $2 billion................................... 0.40% Next $2 billion................................... 0.375% Over $8 billion................................... 0.35% INVESCO SUMMIT FUND NET ASSETS ANNUAL RATE ---------- ----------- First $10 million................................. 1.00% Over $10 million up to and including $150 million. 0.75% Over $150 million................................. 0.625%" 2. In all other respects, the Agreement is hereby confirmed and remains in full force and effect. IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above. AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) Attest: By: /s/ John M. Zerr ---------------------- ---------------------- Assistant Secretary John M. Zerr Senior Vice President (SEAL) INVESCO ADVISERS, INC. Attest: By: /s/ John M. Zerr ---------------------- ---------------------- Assistant Secretary John M. Zerr Senior Vice President (SEAL) 3 EX-99.77Q1 OTHR EXHB 7 dex77q3txt.txt EX-99.77Q3 INVESCO CONSTELLATION FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 74U AND 74V. FOR PERIOD ENDING: 10/31/2012 FILE NUMBER : 811-1424 SERIES NO.: 2 74U. 1 Number of shares outstanding (000's Omitted) Class A 94,940 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 3,172 Class C 3,962 Class R 334 Class Y 521 Class R5 189 74V. 1 Net asset value per share (to nearest cent) Class A $ 23.31 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 20.66 Class C $ 20.65 Class R $ 22.86 Class Y $ 23.49 Class R5 $ 26.13 INVESCO CHARTER FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 10/31/2012 FILE NUMBER : 811-1424 SERIES NO.: 3 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 25,075 2 Dividends for a second class of open-end company shares (000's Omitted) Class R $ 300 Class S $ 150 Class Y $ 1,625 Class R5 $ 3,844 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A 0.1034 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class R 0.0721 Class S 0.1176 Class Y 0.1390 Class R5 0.1560 74U. 1 Number of shares outstanding (000's Omitted) Class A 226,979 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 7,390 Class C 14,572 Class R 4,635 Class S 1,187 Class Y 20,337 Class R5 20,692 Class R6 5,250 74V. 1 Net asset value per share (to nearest cent) Class A $ 17.73 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 16.96 Class C $ 17.00 Class R $ 17.59 Class S $ 17.75 Class Y $ 17.81 Class R5 $ 18.29 Class R6 $ 18.29 INVESCO CAPITAL DEVELOPMENT FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 74U AND 74V. FOR PERIOD ENDING: 4/30/2012 FILE NUMBER : 811-1424 SERIES NO.: 11 74U. 1 Number of shares outstanding (000's Omitted) Class A 26,964 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 1,994 Class C 3,607 Class R 1,474 Class Y 407 Investor Class 595 Institutional Class 750 74V. 1 Net asset value per share (to nearest cent) Class A $ 17.11 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 14.62 Class C $ 14.60 Class R $ 16.67 Class Y $ 17.26 Investor Class $ 17.12 Institutional Class $ 18.23 INVESCO DIVERSIFIED DIVIDEND FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 10/31/2012 FILE NUMBER : 811-1424 SERIES NO.: 18 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 40,823 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 377 Class C $ 1,402 Class R $ 437 Class Y $ 3,068 Investor Class $ 24,044 Class R5 $ 13,890 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $ 0.2252 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $ 0.1302 Class C $ 0.1301 Class R $ 0.1946 Class Y $ 0.2569 Investor Class $ 0.2293 Class R5 $ 0.2680 74U. 1 Number of shares outstanding (000's Omitted) Class A 186,131 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 2,642 Class C 11,467 Class R 2,795 Class Y 13,211 Investor Class 106,722 Class R5 53,227 Class R6 12,289 74V. 1 Net asset value per share (to nearest cent) Class A $ 13.54 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 13.40 Class C $ 13.38 Class R $ 13.58 Class Y $ 13.56 Investor Class $ 13.53 Class R5 $ 13.54 Class R6 $ 13.54 INVESCO SUMMIT FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 10/31/2012 FILE NUMBER : 811-1424 SERIES NO.: 19 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 4 2 Dividends for a second class of open-end company shares (000's Omitted) Class P $ 2,373 Class S $ 5 Class Y $ 3 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A 0.0023 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class P 0.0180 Class S 0.0157 Class Y 0.0307 Class R5 0.0396 74U. 1 Number of shares outstanding (000's Omitted) Class A 1,792 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 74 Class C 129 Class P 119,066 Class S 307 Class Y 38 Class R5 10 74V. 1 Net asset value per share (to nearest cent) Class A $ 12.67 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 12.25 Class C $ 12.22 Class P $ 12.75 Class S $ 12.70 Class Y $ 12.72 Class R5 $ 12.73