0001193125-14-456283.txt : 20141230 0001193125-14-456283.hdr.sgml : 20141230 20141230091034 ACCESSION NUMBER: 0001193125-14-456283 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20141031 FILED AS OF DATE: 20141230 DATE AS OF CHANGE: 20141230 EFFECTIVENESS DATE: 20141230 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: 141314558 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 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 CHFTX 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 LCEFX 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 NSAR-B 1 d826981dnsarb.fil NSAR-B - AEF PAGE 1 000 B000000 10/31/2014 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 3 007 C010300 3 007 C020300 Invesco Charter Fund 007 C030300 N 007 C011800 18 007 C021800 Invesco Diversified Dividend Fund 007 C031800 N 007 C011900 19 007 C021900 Invesco Summit Fund 007 C031900 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 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 PAGE 2 008 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 008 B00AA06 S 008 C00AA06 801-47856 008 D01AA06 HONG KONG 008 D05AA06 HONG KONG 008 A00AA07 Invesco Senior Secured Management, Inc. 008 B00AA07 S 008 C00AA07 801-38119 008 D01AA07 NEW YORK 008 D02AA07 NY 008 D03AA07 10036 008 D04AA07 2727 008 A00AA08 Invesco Canada Ltd. 008 B00AA08 S 008 C00AA08 801-62166 008 D01AA08 TORONTO 008 D05AA08 CANADA 008 D06AA08 M2N 6X7 011 A00AA01 Invesco Distributors, Inc. 011 B00AA01 8-21323 011 C01AA01 HOUSTON 011 C02AA01 TX 011 C03AA01 77046 011 C04AA01 1173 012 A00AA01 Invesco Investment Services, Inc. 012 B00AA01 84-5432 012 C01AA01 HOUSTON 012 C02AA01 TX 012 C03AA01 77210 012 C04AA01 4739 013 A00AA01 PRICEWATERHOUSECOOPERS LLP 013 B01AA01 HOUSTON 013 B02AA01 TX 013 B03AA01 77002 013 B04AA01 5678 014 A00AA01 INVESCO CAPITAL MARKETS INC 014 B00AA01 8-19412 015 A00AA01 STATE STREET BANK & TRUST CO. 015 B00AA01 C PAGE 3 015 C01AA01 BOSTON 015 C02AA01 MA 015 C03AA01 02110 015 C04AA01 2801 015 E01AA01 X 015 A00AA02 THE BANK OF NEW YORK 015 B00AA02 S 015 C01AA02 BROOKLYN 015 C02AA02 NY 015 C03AA02 11217 015 C04AA02 1431 015 E01AA02 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 144 019 C00AA00 INVESCOFDS 020 A000001 CREDIT SUISSE SECURITIES (USA) LLC 020 B000001 05-0546650 020 C000001 489 020 A000002 J.P. 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K011900 150000 048 K021900 0.625 049 000300 N 049 001800 N 049 001900 N 050 000300 N 050 001800 N 050 001900 N 051 000300 N 051 001800 N 051 001900 N 052 000300 N 052 001800 N 052 001900 N 053 A000300 Y 053 B000300 Y 053 C000300 N 053 A001800 Y 053 B001800 Y 053 C001800 N 053 A001900 Y 053 B001900 Y 053 C001900 N 054 A00AA00 Y 054 B00AA00 N PAGE 10 054 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 A000300 N 055 B000300 N 055 A001800 N 055 B001800 N 055 A001900 N 055 B001900 N 056 000300 Y 056 001800 Y 056 001900 Y 057 000300 N 057 001800 N 057 001900 N 058 A000300 N 058 A001800 N 058 A001900 N 059 000300 Y 059 001800 Y 059 001900 Y 060 A000300 Y 060 B000300 Y 060 A001800 Y 060 B001800 Y 060 A001900 Y 060 B001900 Y 061 000300 50 061 001800 50 061 001900 50 062 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 PAGE 11 062 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 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 0.0 063 A000300 0 063 B000300 0.0 063 A001800 0 063 B001800 0.0 063 A001900 0 063 B001900 0.0 066 A000300 Y 066 B000300 N PAGE 12 066 C000300 N 066 D000300 Y 066 E000300 N 066 F000300 N 066 G000300 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 066 E001900 N 066 F001900 N 066 G001900 N 067 000300 N 067 001800 N 067 001900 N 068 A000300 N 068 B000300 N 068 A001800 N 068 B001800 N 068 A001900 N 068 B001900 N 069 000300 N 069 001800 N 069 001900 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 PAGE 13 070 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 070 Q010300 N 070 Q020300 N 070 R010300 Y 070 R020300 N 070 A011800 Y 070 A021800 N 070 B011800 Y 070 B021800 Y 070 C011800 Y 070 C021800 N 070 D011800 Y 070 D021800 N 070 E011800 Y 070 E021800 N 070 F011800 Y 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 N 070 Q011800 N 070 Q021800 N 070 R011800 Y PAGE 14 070 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 N 070 K011900 Y 070 K021900 Y 070 L011900 Y 070 L021900 Y 070 M011900 Y 070 M021900 Y 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 071 A000300 1211752 071 B000300 2399596 071 C000300 5276152 071 D000300 23 071 A001800 1314440 071 B001800 512181 071 C001800 8727404 071 D001800 6 071 A001900 956035 071 B001900 1143364 071 C001900 1849876 071 D001900 52 072 A000300 12 072 B000300 0 PAGE 15 072 C000300 97385 072 D000300 0 072 E000300 0 072 F000300 37186 072 G000300 0 072 H000300 0 072 I000300 10378 072 J000300 410 072 K000300 0 072 L000300 625 072 M000300 170 072 N000300 235 072 O000300 0 072 P000300 0 072 Q000300 669 072 R000300 42 072 S000300 69 072 T000300 15747 072 U000300 0 072 V000300 0 072 W000300 115 072 X000300 65646 072 Y000300 1257 072 Z000300 32996 072AA000300 673391 072BB000300 77941 072CC010300 0 072CC020300 13525 072DD010300 40002 072DD020300 13126 072EE000300 254545 072 A001800 12 072 B001800 0 072 C001800 231901 072 D001800 0 072 E001800 0 072 F001800 40557 072 G001800 0 072 H001800 0 072 I001800 11924 072 J001800 279 072 K001800 0 072 L001800 472 072 M001800 234 072 N001800 305 072 O001800 0 072 P001800 0 072 Q001800 772 072 R001800 27 072 S001800 67 072 T001800 17762 PAGE 16 072 U001800 0 072 V001800 0 072 W001800 133 072 X001800 72532 072 Y001800 1280 072 Z001800 160649 072AA001800 227079 072BB001800 15595 072CC011800 760956 072CC021800 0 072DD011800 58295 072DD021800 86432 072EE001800 84155 072 A001900 12 072 B001900 0 072 C001900 16135 072 D001900 0 072 E001900 0 072 F001900 11748 072 G001900 0 072 H001900 0 072 I001900 2157 072 J001900 77 072 K001900 0 072 L001900 74 072 M001900 66 072 N001900 86 072 O001900 0 072 P001900 0 072 Q001900 420 072 R001900 48 072 S001900 39 072 T001900 1915 072 U001900 0 072 V001900 0 072 W001900 66 072 X001900 16696 072 Y001900 12 072 Z001900 -549 072AA001900 283940 072BB001900 43018 072CC011900 34970 072CC021900 0 072DD011900 36 072DD021900 4592 072EE001900 36626 073 A010300 0.0000 073 A020300 0.0000 073 B000300 0.9457 073 C000300 0.0000 073 A011800 0.0000 PAGE 17 073 A021800 0.0000 073 B001800 0.1608 073 C001800 0.0000 073 A011900 0.0000 073 A021900 0.0000 073 B001900 0.3436 073 C001900 0.0000 074 A000300 10133 074 B000300 0 074 C000300 0 074 D000300 0 074 E000300 0 074 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1856179 074 G001900 0 074 H001900 0 074 I001900 30365 074 J001900 9459 074 K001900 0 074 L001900 847 074 M001900 448 074 N001900 1897427 074 O001900 12533 074 P001900 426 074 Q001900 0 074 R011900 0 074 R021900 0 074 R031900 0 074 R041900 16488 074 S001900 0 074 T001900 1867980 074 U011900 1632 074 U021900 98043 074 V011900 0.00 074 V021900 0.00 074 W001900 0.0000 074 X001900 64471 074 Y001900 15625 075 A000300 0 075 B000300 6157992 075 A001800 0 075 B001800 9588722 075 A001900 0 PAGE 19 075 B001900 1850684 076 000300 0.00 076 001800 0.00 076 001900 0.00 077 A000000 Y 077 B000000 Y 077 C000000 N 077 D000000 N 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 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 080 A00AA00 ICI MUTUAL INSURANCE COMPANY 080 C00AA00 48000 081 A00AA00 Y 081 B00AA00 153 082 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 2 d826981dex9977b.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 Summit Fund and Invesco Diversified Dividend Fund (hereafter referred to as the "Funds") as of and for the year ended October 31, 2014 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, 2014. 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, TX December 23, 2014 EX-99.77Q1E 3 d826981dex9977q1e.txt EX-99.77Q1E 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 Management Trust, Invesco Municipal Income Opportunities Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust and Invesco Value Municipal Income 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. 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 the Expiration Date without 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 Invesco has 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 MANAGEMENT TRUST INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO SECURITIES TRUST INVESCO VALUE MUNICIPAL INCOME 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 COUNSELOR SERIES TRUST (INVESCO COUNSELOR EXPIRATION SERIES TRUST) WAIVER DESCRIPTION EFFECTIVE DATE DATE ------------------ --------------------------------------- -------------- ----------- Invesco Strategic Invesco will waive advisory fees in an 4/30/2014 06/30/2016 Real Return Fund amount equal to the advisory fees earned on underlying affiliated investments
AIM INVESTMENT FUNDS (INVESCO EXPIRATION INVESTMENT FUNDS WAIVER DESCRIPTION EFFECTIVE DATE DATE ------------------ ---------------------------------------- -------------- ----------- Invesco Global Invesco will waive advisory fees in an 12/17/2013 06/30/2016 Targeted Returns amount equal to the advisory fees earned Fund on underlying affiliated investments Invesco Strategic Invesco will waive advisory fees in an 5/2/2014 06/30/2016 Income Fund amount equal to the advisory fees earned on underlying affiliated investments Invesco Invesco will waive advisory fees in an 10/14/2014 06/30/2016 Unconstrained amount equal to the advisory fees earned Bond Fund on underlying affiliated investments
AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S EXPIRATION SERIES TRUST) WAIVER DESCRIPTION EFFECTIVE DATE DATE -------------------- ------------------------------------- -------------- ----------- Premier Portfolio Invesco will waive advisory fees in 2/1/2011 12/31/2014 the amount of 0.07% of the Fund's average daily net assets Premier U.S. Invesco will waive advisory fees in 2/1/2011 12/31/2014 Government Money the amount of 0.07% of the Fund's Portfolio average daily net assets
EXHIBIT "B" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- ----------------- --------------- Invesco American Franchise Fund February 12, 2010 June 30, 2016 Invesco California Tax-Free Income Fund February 12, 2010 June 30, 2016 Invesco Core Plus Bond Fund June 2, 2009 June 30, 2016 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2016 Invesco Equity and Income Fund February 12, 2010 June 30, 2016 Invesco Floating Rate Fund July 1, 2007 June 30, 2016 Invesco Global Real Estate Income Fund July 1, 2007 June 30, 2016 Invesco Growth and Income Fund February 12, 2010 June 30, 2016 Invesco Low Volatility Equity Yield Fund July 1, 2007 June 30, 2016 Invesco Pennsylvania Tax Free Income Fund February 12, 2010 June 30, 2016 Invesco S&P 500 Index Fund February 12, 2010 June 30, 2016 Invesco Small Cap Discovery Fund February 12, 2010 June 30, 2016 Invesco Strategic Real Return Fund April 30, 2014 June 30, 2016
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- -------------- --------------- Invesco Charter Fund July 1, 2007 June 30, 2016 Invesco Diversified Dividend Fund July 1, 2007 June 30, 2016 Invesco Summit Fund July 1, 2007 June 30, 2016
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco European Small Company Fund July 1, 2007 June 30, 2016 Invesco Global Core Equity Fund July 1, 2007 June 30, 2016 Invesco International Small Company Fund July 1, 2007 June 30, 2016 Invesco Small Cap Equity Fund July 1, 2007 June 30, 2016
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Alternative Strategies Fund October 14, 2014 June 30, 2016 Invesco Convertible Securities Fund February 12, 2010 June 30, 2016 Invesco Global Low Volatility Equity Yield Fund July 1, 2007 June 30, 2016 Invesco Mid Cap Core Equity Fund July 1, 2007 June 30, 2016 Invesco Multi-Assets Inflation Fund October 14, 2014 June 30, 2016 Invesco Small Cap Growth Fund July 1, 2007 June 30, 2016 Invesco U.S. Mortgage Fund February 12, 2010 June 30, 2016
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco Asia Pacific Growth Fund July 1, 2007 June 30, 2016 Invesco European Growth Fund July 1, 2007 June 30, 2016 Invesco Global Growth Fund July 1, 2007 June 30, 2016 Invesco Global Opportunities Fund August 3, 2012 June 30, 2016 Invesco Global Small & Mid Cap Growth Fund July 1, 2007 June 30, 2016 Invesco International Core Equity Fund July 1, 2007 June 30, 2016 Invesco International Growth Fund July 1, 2007 June 30, 2016 Invesco Select Opportunities Fund August 3, 2012 June 30, 2016
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco All Cap Market Neutral Fund December 17, 2013 June 30, 2016 Invesco Balanced-Risk Allocation Fund/1/ May 29, 2009 June 30, 2016 Invesco Balanced-Risk Commodity Strategy Fund/2/ November 29, 2010 June 30, 2016 Invesco China Fund July 1, 2007 June 30, 2016 Invesco Developing Markets Fund July 1, 2007 June 30, 2016 Invesco Emerging Markets Equity Fund May 11, 2011 June 30, 2016 Invesco Emerging Market Local Currency Debt Fund June 14, 2010 June 30, 2016 Invesco Endeavor Fund July 1, 2007 June 30, 2016 Invesco Global Health Care Fund July 1, 2007 June 30, 2016 Invesco Global Infrastructure Fund May 2, 2014 June 30, 2016 Invesco Global Market Neutral Fund December 17, 2013 June 30, 2016 Invesco Global Markets Strategy Fund/3/ September 25, 2012 June 30, 2016 Invesco Global Targeted Returns Fund/4/ December 17, 2013 June 30, 2016 Invesco International Total Return Fund July 1, 2007 June 30, 2016 Invesco Long/Short Equity Fund December 17, 2013 June 30, 2016 Invesco Low Volatility Emerging Markets Fund December 17, 2013 June 30, 2016 Invesco Macro International Equity Fund December 17, 2013 June 30, 2016 Invesco Macro Long/Short Fund December 17, 2013 June 30, 2016 Invesco MLP Fund August 29, 2014 June 30, 2016 Invesco Pacific Growth Fund February 12, 2010 June 30, 2016 Invesco Premium Income Fund December 13, 2011 June 30, 2016 Invesco Select Companies Fund July 1, 2007 June 30, 2016 Invesco Strategic Income Fund May 2, 2014 June 30, 2016 Invesco Unconstrained Bond Fund October 14, 2014 June 30, 2016
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Corporate Bond Fund February 12, 2010 June 30, 2016 Invesco Global Real Estate Fund July 1, 2007 June 30, 2016 Invesco High Yield Fund July 1, 2007 June 30, 2016 Invesco Limited Maturity Treasury Fund July 1, 2007 June 30, 2016 Invesco Money Market Fund July 1, 2007 June 30, 2016 Invesco Real Estate Fund July 1, 2007 June 30, 2016 Invesco Short Term Bond Fund July 1, 2007 June 30, 2016 Invesco U.S. Government Fund July 1, 2007 June 30, 2016
-------- /1/ 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. /2/ 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. /3/ Advisory fees to be waived by Invesco for Invesco Global Markets 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 V, Ltd. invests. /4/ Advisory fees to be waived by Invesco for Invesco Global Targeted Returns Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund VII, Ltd. invests. AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco American Value Fund February 12, 2010 June 30, 2016 Invesco Comstock Fund February 12, 2010 June 30, 2016 Invesco Energy Fund July 1, 2007 June 30, 2016 Invesco Dividend Income Fund July 1, 2007 June 30, 2016 Invesco Gold & Precious Metals Fund July 1, 2007 June 30, 2016 Invesco Mid Cap Growth Fund February 12, 2010 June 30, 2016 Invesco Small Cap Value Fund February 12, 2010 June 30, 2016 Invesco Technology Fund July 1, 2007 June 30, 2016 Invesco Technology Sector Fund February 12, 2010 June 30, 2016 Invesco Value Opportunities Fund February 12, 2010 June 30, 2016
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco High Yield Municipal Fund February 12, 2010 June 30, 2016 Invesco Intermediate Term Municipal Income Fund February 12, 2010 June 30, 2016 Invesco Municipal Income Fund February 12, 2010 June 30, 2016 Invesco New York Tax Free Income Fund February 12, 2010 June 30, 2016 Invesco Tax-Exempt Cash Fund July 1, 2007 June 30, 2016 Invesco Tax-Free Intermediate Fund July 1, 2007 June 30, 2016
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco V.I. American Franchise Fund February 12, 2010 June 30, 2016 Invesco V.I. American Value Fund February 12, 2010 June 30, 2016 Invesco V.I. Balanced-Risk Allocation Fund/5/ December 22, 2010 June 30, 2016 Invesco V.I. Comstock Fund February 12, 2010 June 30, 2016 Invesco V.I. Core Equity Fund July 1, 2007 June 30, 2016 Invesco V.I. Diversified Dividend Fund February 12, 2010 June 30, 2016 Invesco V.I. Diversified Income Fund July 1, 2007 June 30, 2016 Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2016 Invesco V.I. Equity and Income Fund February 12, 2010 June 30, 2016 Invesco V.I. Global Core Equity Fund February 12, 2010 June 30, 2016 Invesco V.I. Global Health Care Fund July 1, 2007 June 30, 2016 Invesco V.I. Global Real Estate Fund July 1, 2007 June 30, 2016 Invesco V.I. Government Securities Fund July 1, 2007 June 30, 2016 Invesco V.I. Growth and Income Fund February 12, 2010 June 30, 2016 Invesco V.I. High Yield Fund July 1, 2007 June 30, 2016 Invesco V.I. International Growth Fund July 1, 2007 June 30, 2016 Invesco V.I. Managed Volatility Fund July 1, 2007 June 30, 2016 Invesco V.I. Mid Cap Core Equity Fund July 1, 2007 June 30, 2016 Invesco V.I. Mid Cap Growth Fund February 12, 2010 June 30, 2016 Invesco V.I. Money Market Fund July 1, 2007 June 30, 2016 Invesco V.I. S&P 500 Index Fund February 12, 2010 June 30, 2016 Invesco V.I. Small Cap Equity Fund July 1, 2007 June 30, 2016 Invesco V.I. Technology Fund July 1, 2007 June 30, 2016 Invesco V.I. Value Opportunities Fund July 1, 2007 June 30, 2016
/5/ Advisory fees to be waived by Invesco for Invesco V.I. 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 IV, Ltd. invests. INVESCO SECURITIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ---------------- --------------- Invesco Balanced-Risk Aggressive Allocation Fund January 16, 2013 June 30, 2016
INVESCO MANAGEMENT TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco Conservative Income Fund July 1, 2014 June 30, 2016
CLOSED-END FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco Municipal Income Opportunities Trust June 1, 2010 June 30, 2016 Invesco Quality Municipal Income Trust June 1, 2010 June 30, 2016 Invesco Value Municipal Income Trust June 1, 2010 June 30, 2016
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 Management Trust, Invesco Municipal Income Opportunities Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco Value Municipal Income 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 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 Invesco has 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. 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 MANAGEMENT TRUST INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO SECURITIES TRUST INVESCO VALUE MUNICIPAL INCOME TRUST 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 October 14, 2014 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 2.00% July 1, 2013 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2015 Invesco California Tax-Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Core Plus Bond Fund Class A Shares Contractual 0.84% January 1, 2014 December 31, 2014 Class B Shares Contractual 1.59% January 1, 2014 December 31, 2014 Class C Shares Contractual 1.59% January 1, 2014 December 31, 2014 Class R Shares Contractual 1.09% January 1, 2014 December 31, 2014 Class R5 Shares Contractual 0.59% January 1, 2014 December 31, 2014 Class R6 Shares Contractual 0.59% January 1, 2014 December 31, 2014 Class Y Shares Contractual 0.59% January 1, 2014 December 31, 2014 Invesco Equally-Weighted S&P 500 Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Equity and Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Floating Rate Fund Class A Shares Contractual 1.50% April 14, 2006 June 30, 2015 Class C Shares Contractual 2.00% April 14, 2006 June 30, 2015 Class R Shares Contractual 1.75% April 14, 2006 June 30, 2015 Class R5 Shares Contractual 1.25% April 14, 2006 June 30, 2015 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.25% October 3, 2008 June 30, 2015 Invesco Global Real Estate Income Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015
See page 16 for footnotes to Exhibit A. 3 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Growth and Income Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Pennsylvania Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco S&P 500 Index Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Small Cap Discovery Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Strategic Real Return Fund Class A Shares Contractual 0.78% April 30, 2014 April 30, 2015 Class C Shares Contractual 1.53% April 30, 2014 April 30, 2015 Class R Shares Contractual 1.03% April 30, 2014 April 30, 2015 Class R5 Shares Contractual 0.53% April 30, 2014 April 30, 2015 Class R6 Shares Contractual 0.53% April 30, 2014 April 30, 2015 Class Y Shares Contractual 0.53% April 30, 2014 April 30, 2015
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, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015
See page 16 for footnotes to Exhibit A. 4 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Diversified Dividend Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2013 June 30, 2015 Invesco Summit Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class P Shares Contractual 1.85% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015
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, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Global Core Equity Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2015 Invesco International Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Small Cap Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015
See page 16 for footnotes to Exhibit A. 5 as of October 14, 2014 AIM GROWTH SERIES (INVESCO GROWTH SERIES)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ---------------- Invesco Alternative Strategies Fund Class A Shares Contractual 0.52% October 14, 2014 October 31, 2016 Class C Shares Contractual 1.27% October 14, 2014 October 31, 2016 Class R Shares Contractual 0.77% October 14, 2014 October 31, 2016 Class R5 Shares Contractual 0.27% October 14, 2014 October 31, 2016 Class R6 Shares Contractual 0.27% October 14, 2014 October 31, 2016 Class Y Shares Contractual 0.27% October 14, 2014 October 31, 2016 Invesco Balanced-Risk Retirement 2020 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2015 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2015 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2015 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2015 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2015 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2015 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2015 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2015 Invesco Balanced-Risk Retirement 2030 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2015 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2015 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2015 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2015 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2015 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2015 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2015 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2015 Invesco Balanced-Risk Retirement 2040 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2015 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2015 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2015 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2015 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2015 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2015 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2015 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2015 Invesco Balanced-Risk Retirement 2050 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2015 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2015 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2015 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2015 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2015 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2015 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2015 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2015
See page 16 for footnotes to Exhibit A. 6 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Balanced-Risk Retirement Now Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2015 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2015 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2015 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2015 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2015 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2015 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2015 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2015 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2015 Invesco Conservative Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Convertible Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Global Low Volatility Equity Yield Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Growth Allocation Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class S Shares Contractual 1.90% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Income Allocation Fund Class A Shares Contractual 0.25% May 1, 2012 April 30, 2015 Class B Shares Contractual 1.00% May 1, 2012 April 30, 2015 Class C Shares Contractual 1.00% May 1, 2012 April 30, 2015 Class R Shares Contractual 0.50% May 1, 2012 April 30, 2015 Class R5 Shares Contractual 0.00% May 1, 2012 April 30, 2015 Class Y Shares Contractual 0.00% May 1, 2012 April 30, 2015 Invesco International Allocation Fund Class A Shares Contractual 2.25% May 1, 2012 June 30, 2015 Class B Shares Contractual 3.00% May 1, 2012 June 30, 2015 Class C Shares Contractual 3.00% May 1, 2012 June 30, 2015 Class R Shares Contractual 2.50% May 1, 2012 June 30, 2015 Class R5 Shares Contractual 2.00% May 1, 2012 June 30, 2015 Class Y Shares Contractual 2.00% May 1, 2012 June 30, 2015
See page 16 for footnotes to Exhibit A. 7 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ---------------- Invesco Mid Cap Core Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Invesco Moderate Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Multi-Asset Inflation Fund Class A Shares Contractual 0.73% October 14, 2014 October 31, 2015 Class C Shares Contractual 1.48% October 14, 2014 October 31, 2015 Class R Shares Contractual 0.98% October 14, 2014 October 31, 2015 Class R5 Shares Contractual 0.48% October 14, 2014 October 31, 2015 Class R6 Shares Contractual 0.48% October 14, 2014 October 31, 2015 Class Y Shares Contractual 0.48% October 14, 2014 October 31, 2015 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco U.S. Mortgage Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015
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, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco European Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2015
See page 16 for footnotes to Exhibit A. 8 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Global Growth Fund Class A Shares Contractual 2.25% January 1, 2013 June 30, 2015 Class B Shares Contractual 3.00% January 1, 2013 June 30, 2015 Class C Shares Contractual 3.00% January 1, 2013 June 30, 2015 Class R5 Shares Contractual 2.00% January 1, 2013 June 30, 2015 Class R6 Shares Contractual 2.00% January 1, 2013 June 30, 2015 Class Y Shares Contractual 2.00% January 1, 2013 June 30, 2015 Invesco Global Opportunities Fund Class A Shares Contractual 1.36% August 1, 2012 February 28, 2015 Class C Shares Contractual 2.11% August 1, 2012 February 28, 2015 Class R Shares Contractual 1.61% August 1, 2012 February 28, 2015 Class R5 Shares Contractual 1.11% August 1, 2012 February 28, 2015 Class R6 Shares Contractual 1.11% September 24, 2012 February 28, 2015 Class Y Shares Contractual 1.11% August 1, 2012 February 28, 2015 Invesco Global Small & Mid Cap Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco International Core Equity Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2015 Invesco International Growth Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 2.00% July 1, 2013 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2015 Invesco Select Opportunities Fund Class A Shares Contractual 1.51% August 1, 2012 February 28, 2015 Class C Shares Contractual 2.26% August 1, 2012 February 28, 2015 Class R Shares Contractual 1.76% August 1, 2012 February 28, 2015 Class R5 Shares Contractual 1.26% August 1, 2012 February 28, 2015 Class R6 Shares Contractual 1.26% September 24, 2012 February 28, 2015 Class Y Shares Contractual 1.26% August 1, 2012 February 28, 2015
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco All Cap Market Neutral Fund Class A Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.37% December 17, 2013 December 31, 2015 Class R Shares Contractual 1.87% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.37% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.37% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.37% December 17, 2013 December 31, 2015
See page 16 for footnotes to Exhibit A. 9 as of October 14, 2014
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, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Balanced-Risk Commodity Strategy Fund/4/ Class A Shares Contractual 2.00% July 1, 2014 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2014 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2014 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2014 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2014 June 30, 2015 Class R6 Shares Contractual 1.75% July 1, 2014 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2014 June 30, 2015 Invesco China Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Developing Markets Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Emerging Markets Equity Fund Class A Shares Contractual 1.85% May 11, 2011 February 28, 2015 Class C Shares Contractual 2.60% May 11, 2011 February 28, 2015 Class R Shares Contractual 2.10% May 11, 2011 February 28, 2015 Class R5 Shares Contractual 1.60% May 11, 2011 February 28, 2015 Class R6 Shares Contractual 1.60% September 24, 2012 February 28, 2015 Class Y Shares Contractual 1.60% May 11, 2011 February 28, 2015 Invesco Emerging Market Local Currency Debt Fund Class A Shares Contractual 1.24% June 14, 2010 February 28, 2015 Class B Shares Contractual 1.99% June 14, 2010 February 28, 2015 Class C Shares Contractual 1.99% June 14, 2010 February 28, 2015 Class R Shares Contractual 1.49% June 14, 2010 February 28, 2015 Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2015 Class R5 Shares Contractual 0.99% June 14, 2010 February 28, 2015 Class R6 Shares Contractual 0.99% September 24, 2012 February 28, 2015 Invesco Endeavor Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015
See page 16 for footnotes to Exhibit A. 10 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Global Health Care Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Global Infrastructure Fund Class A Shares Contractual 1.40% May 2, 2014 May 31, 2015 Class C Shares Contractual 2.15% May 2, 2014 May 31, 2015 Class R Shares Contractual 1.65% May 2, 2014 May 31, 2015 Class Y Shares Contractual 1.15% May 2, 2014 May 31, 2015 Class R5 Shares Contractual 1.15% May 2, 2014 May 31, 2015 Class R6 Shares Contractual 1.15% May 2, 2014 May 31, 2015 Invesco Global Markets Strategy Fund/5/ Class A Shares Contractual 1.80% December 17, 2013 February 28, 2015 Class C Shares Contractual 2.55% December 17, 2013 February 28, 2015 Class R Shares Contractual 2.05% December 17, 2013 February 28, 2015 Class R5 Shares Contractual 1.55% December 17, 2013 February 28, 2015 Class R6 Shares Contractual 1.55% December 17, 2013 February 28, 2015 Class Y Shares Contractual 1.55% December 17, 2013 February 28, 2015 Invesco Global Market Neutral Fund Class A Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.37% December 17, 2013 December 31, 2015 Class R Shares Contractual 1.87% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.37% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.37% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.37% December 17, 2013 December 31, 2015 Invesco Global Targeted Returns Fund/6/ Class A Shares Contractual 1.71% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.46% December 17, 2013 December 31, 2015 Class R Shares Contractual 1.96% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.46% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.46% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.46% December 17, 2013 December 31, 2015 Invesco International Total Return Fund Class A Shares Contractual 1.10% March 31, 2006 February 28, 2015 Class B Shares Contractual 1.85% March 31, 2006 February 28, 2015 Class C Shares Contractual 1.85% March 31, 2006 February 28, 2015 Class R5 Shares Contractual 0.85% October 3, 2008 February 28, 2015 Class R6 Shares Contractual 0.85% September 24, 2012 February 28, 2015 Class Y Shares Contractual 0.85% March 31, 2006 February 28, 2015 Invesco Long/Short Equity Fund Class A Shares Contractual 1.87% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.62% December 17, 2013 December 31, 2015 Class R Shares Contractual 2.12% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.62% December 17, 2013 December 31, 2015 Invesco Low Volatility Emerging Markets Fund Class A Shares Contractual 1.72% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.47% December 17, 2013 December 31, 2015 Class R Shares Contractual 1.97% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.47% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.47% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.47% December 17, 2013 December 31, 2015
See page 16 for footnotes to Exhibit A. 11 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco MLP Fund Class A Shares Contractual 1.50% August 29, 2014 May 31, 2015 Class C Shares Contractual 2.25% August 29, 2014 May 31, 2015 Class R Shares Contractual 1.75% August 29, 2014 May 31, 2015 Class R5 Shares Contractual 1.25% August 29, 2014 May 31, 2015 Class R6 Shares Contractual 1.25% August 29, 2014 May 31, 2015 Class Y Shares Contractual 1.25% August 29, 2014 May 31, 2015 Invesco Macro International Equity Fund Class A Shares Contractual 1.43% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.18% December 17, 2013 December 31, 2015 Class R Shares Contractual 1.68% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.18% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.18% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.18% December 17, 2013 December 31, 2015 Invesco Macro Long/Short Fund Class A Shares Contractual 1.87% December 17, 2013 December 31, 2015 Class C Shares Contractual 2.62% December 17, 2013 December 31, 2015 Class R Shares Contractual 2.12% December 17, 2013 December 31, 2015 Class R5 Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class R6 Shares Contractual 1.62% December 17, 2013 December 31, 2015 Class Y Shares Contractual 1.62% December 17, 2013 December 31, 2015 Invesco Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2015 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.50% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Premium Income Fund Class A Shares Contractual 0.89% December 13, 2011 February 28, 2015 Class C Shares Contractual 1.64% December 13, 2011 February 28, 2015 Class R Shares Contractual 1.14% December 13, 2011 February 28, 2015 Class R5 Shares Contractual 0.64% December 13, 2011 February 28, 2015 Class R6 Shares Contractual 0.64% September 24, 2012 February 28, 2015 Class Y Shares Contractual 0.64% December 13, 2011 February 28, 2015 Invesco Select Companies Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Invesco Strategic Income Fund Class A Shares Contractual 0.82% May 2, 2014 May 31, 2015 Class C Shares Contractual 1.57% May 2, 2014 May 31, 2015 Class R Shares Contractual 1.07% May 2, 2014 May 31, 2015 Class Y Shares Contractual 0.57% May 2, 2014 May 31, 2015 Class R5 Shares Contractual 0.57% May 2, 2014 May 31, 2015 Class R6 Shares Contractual 0.57% May 2, 2014 May 31, 2015 Invesco Unconstrained Bond Fund Class A Shares Contractual 1.03% October 14, 2014 October 31, 2015 Class C Shares Contractual 1.78% October 14, 2014 October 31, 2015 Class R Shares Contractual 1.28% October 14, 2014 October 31, 2015 Class Y Shares Contractual 0.78% October 14, 2014 October 31, 2015 Class R5 Shares Contractual 0.78% October 14, 2014 October 31, 2015 Class R6 Shares Contractual 0.78% October 14, 2014 October 31, 2015
See page 16 for footnotes to Exhibit A. 12 as of October 14, 2014 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, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Global Real Estate Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Invesco High Yield Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2015 Investor Class Shares Contractual 1.50% July 1, 2013 June 30, 2015 Invesco Limited Maturity Treasury Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class A2 Shares Contractual 1.40% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Real Estate Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Short Term Bond Fund Class A Shares Contractual 1.40% July 1, 2013 June 30, 2015 Class C Shares Contractual 1.75%/2/ July 1, 2013 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2015 Invesco U.S. Government Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2015
See page 16 for footnotes to Exhibit A. 13 as of October 14, 2014 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 2.00% July 1, 2013 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2015 Invesco Comstock Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco Energy Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Dividend Income Fund Class A Shares Contractual 1.14% September 1, 2014 August 31, 2015 Class B Shares Contractual 1.89% September 1, 2014 August 31, 2015 Class C Shares Contractual 1.89% September 1, 2014 August 31, 2015 Class R5 Shares Contractual 0.89% September 1, 2014 August 31, 2015 Class R6 Shares Contractual 0.89% September 1, 2014 August 31, 2015 Class Y Shares Contractual 0.89% September 1, 2014 August 31, 2015 Investor Class Shares Contractual 1.14% September 1, 2014 August 31, 2015 Invesco Gold & Precious Metals Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2015 Invesco Mid Cap Growth Fund Class A Shares Contractual 1.15% July 15, 2013 July 31, 2015 Class B Shares Contractual 1.90% July 15, 2013 July 31, 2015 Class C Shares Contractual 1.90% July 15, 2013 July 31, 2015 Class R Shares Contractual 1.40% July 15, 2013 July 31, 2015 Class R5 Shares Contractual 0.90% July 15, 2013 July 31, 2015 Class R6 Shares Contractual 0.90% July 15, 2013 July 31, 2015 Class Y Shares Contractual 0.90% July 15, 2013 July 31, 2015 Invesco Small Cap Value Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015
See page 16 for footnotes to Exhibit A. 14 as of October 14, 2014
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, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2015 Invesco Technology Sector Fund Class A Shares Contractual 2.00% February 12, 2010 June 30, 2015 Class B Shares Contractual 2.75% February 12, 2010 June 30, 2015 Class C Shares Contractual 2.75% February 12, 2010 June 30, 2015 Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2015 Invesco Value Opportunities Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2015 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2015
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, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Intermediate Term Municipal Income Fund Class A Shares Contractual 0.80% July 1, 2013 June 30, 2015 Class B Shares Contractual 1.55% July 1, 2013 June 30, 2015 Class C Shares Contractual 1.55% July 1, 2013 June 30, 2015 Class Y Shares Contractual 0.55% July 1, 2013 June 30, 2015 Invesco Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2015 Investor Class Contractual 1.50% July 15, 2013 June 30, 2015 Invesco New York Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015 Invesco Tax-Free Intermediate Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2015 Class A2 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class C Shares Contractual 2.25% June 30, 2013 June 30, 2015 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2015 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2015
See page 16 for footnotes to Exhibit A. 15 as of October 14, 2014 INVESCO MANAGEMENT TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Conservative Income Fund Institutional Class Contractual 0.28% July 1, 2014 June 30, 2015
INVESCO SECURITIES TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Balanced-Risk Aggressive Allocation Fund Contractual 1.15% January 16, 2013 February 28, 2015
See page 16 for footnotes to Exhibit A. /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. /6/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund VII, Ltd. 16 as of October 14, 2014 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, 2014 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2014 Government TaxAdvantage Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2014 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.39%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2014 Liquid Assets Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2014 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.34% July 1, 2009 December 31, 2014 STIC Prime Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2014 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2014 Tax-Free Cash Reserve Portfolio/3/ Cash Management Class Contractual 0.33%/2/ July 1, 2009 December 31, 2014 Corporate Class Contractual 0.28% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.25% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.80%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.50%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.12%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.41%/2/ July 1, 2009 December 31, 2014 Treasury Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2014 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2014 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2014 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2014 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2014 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2014 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2014
/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. 17 as of October 14, 2014 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. American Franchise Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2015 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2015 Invesco V.I. American Value Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2015 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2015 Invesco V.I. Balanced-Risk Allocation Fund/1/ Series I Shares Contractual 0.76% May 1, 2014 April 30, 2015 Series II Shares Contractual 1.01% May 1, 2014 April 30, 2015 Invesco V.I. Comstock Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2015 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2015 Invesco V.I. Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Diversified Dividend Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Diversified Income Fund Series I Shares Contractual 0.75% July 1, 2005 April 30, 2015 Series II Shares Contractual 1.00% July 1, 2005 April 30, 2015 Invesco V.I. Equally-Weighted S&P 500 Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2015 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2015 Invesco V.I. Equity and Income Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2015 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2015 Invesco V.I. Global Core Equity Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2015 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2015 /1/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund IV, Ltd. Invesco V.I. Global Health Care Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Global Real Estate Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015
18 as of October 14, 2014
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco V.I. Government Securities Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2015 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2015 Invesco V.I. Growth and Income Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2015 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2015 Invesco V.I. High Yield Fund Series I Shares Contractual 1.50% May 1, 2014 June 30, 2015 Series II Shares Contractual 1.75% May 1, 2014 June 30, 2015 Invesco V.I. International Growth Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2015 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2015 Invesco V.I. Managed Volatility Fund Series I Shares Contractual 1.03% April 30, 2014 April 30, 2015 Series II Shares Contractual 1.28% April 30, 2014 April 30, 2015 Invesco V.I. Mid Cap Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Mid Cap Growth Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2015 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2015 Invesco V.I. Money Market Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2015 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2015 Invesco V.I. S&P 500 Index Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2015 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2015 Invesco V.I. Small Cap Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Technology Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015 Invesco V.I. Value Opportunities Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2015 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2015
19 as of October 14, 2014 EXHIBIT "D" - CLOSED-END FUNDS INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- --------------- Invesco Municipal Income Opportunities Trust Contractual 0.67% August 27, 2012 August 31, 2014
INVESCO QUALITY MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ---------------- Invesco Quality Municipal Income Trust Contractual 0.50% October 15, 2012 October 31, 2014
INVESCO VALUE MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ---------------- Invesco Value Municipal Income Trust Contractual 0.46% October 15, 2012 October 31, 2014
20 Sub-Item 77Q1(e) EIGHTH AMENDED AND RESTATED MEMORANDUM OF AGREEMENT (SECURITIES LENDING ADMINISTRATIVE FEE WAIVER) This Eighth Amended and Restated Memorandum of Agreement is entered into as of the dates indicated on Exhibit "A" 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 Management Trust, Invesco Securities Trust and Short-Term Investments Trust (each a "Fund" and collectively, the "Funds"), on behalf of the portfolios listed on Exhibit "A" to this Memorandum of Agreement (the "Portfolios"), and Invesco Advisers, Inc. ("Invesco"). 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 Funds and Invesco agree as follows: 1. Invesco agrees that until the expiration date, if any, of the commitment set forth on the attached Exhibit "A" occurs, as such Exhibit "A" is amended from time to time, Invesco will not charge any administrative fee under each Portfolio's advisory agreement in connection with securities lending activities without prior approval from the Portfolio's Board (such agreement is referred to as the "Waiver"). 2. Neither a Fund nor Invesco may remove or amend the Waiver to a Fund's detriment prior to requesting and receiving the approval of the Portfolio's Board to remove or amend the Waiver. Invesco will not have any right to reimbursement of any amount so waived. Unless a Fund, by vote of its Board of Trustees terminates the Waiver, or a Fund and Invesco are unable to reach an agreement on the amount of the Waiver to which the Fund and Invesco desire to be bound, the Waiver will continue indefinitely with respect to such Fund. Exhibit "A" will be amended to reflect the new date through which a Fund and Invesco agree to be bound. 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. Nothing in this Memorandum of Agreement is intended to affect any other memorandum of agreement executed by any Fund or Invesco with respect to any other fee waivers, expense reimbursements and/or expense limitations. IN WITNESS WHEREOF, each Fund, on behalf of itself and its Portfolios listed in Exhibit "A" to this Memorandum of Agreement, and Invesco have entered into this Memorandum of Agreement as of the dates indicated on Exhibit "A". 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 FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) INVESCO MANAGEMENT TRUST INVESCO SECURITIES TRUST SHORT-TERM INVESTMENTS TRUST By: /s/ John M. Zerr ------------------------------------------- Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr ------------------------------------------- Title: Senior Vice President 2 EXHIBIT "A" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL* --------- ----------------- ---------------- Invesco American Franchise Fund February 12, 2010 Invesco California Tax-Free Income Fund February 12, 2010 Invesco Core Plus Bond Fund June 2, 2009 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 Invesco Equity and Income Fund February 12, 2010 Invesco Floating Rate Fund April 14, 2006 Invesco Global Real Estate Income Fund March 9, 2007 Invesco Growth and Income Fund February 12, 2010 Invesco Low Volatility Equity Yield Fund March 31, 2006 Invesco Pennsylvania Tax Free Income Fund February 12, 2010 Invesco S&P 500 Index Fund February 12, 2010 Invesco Small Cap Discovery Fund February 12, 2010 Invesco Strategic Real Return Fund April 30, 2014
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL* --------- ----------------- ---------------- Invesco Charter Fund June 21, 2000 Invesco Diversified Dividend Fund December 28, 2001 Invesco Summit Fund July 24, 2000
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Invesco European Small Company Fund August 30, 2000 Invesco Global Core Equity Fund December 27, 2000 Invesco International Small Company Fund August 30, 2000 Invesco Small Cap Equity Fund August 30, 2000
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ------------------ ---------------- Invesco Convertible Securities Fund February 12, 2010 Invesco Global Low Volatility Equity Yield Fund September 1, 2001 Invesco Mid Cap Core Equity Fund September 1, 2001 Invesco Small Cap Growth Fund September 11, 2000 Invesco U.S. Mortgage Fund February 12, 2010
* Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-1 AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Invesco Asia Pacific Growth Fund June 21, 2000 Invesco European Growth Fund June 21, 2000 Invesco Global Growth Fund June 21, 2000 Invesco Global Opportunities Fund August 1, 2012 Invesco Global Small & Mid Cap Growth Fund June 21, 2000 Invesco International Core Equity Fund November 25, 2003 Invesco International Growth Fund June 21, 2000 Invesco Select Opportunities Fund August 1, 2012
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ------------------ ---------------- Invesco All Cap Market Neutral Fund December 17, 2013 Invesco Balanced-Risk Allocation Fund May 29, 2009 Invesco Balanced-Risk Commodities Strategy Fund November 29, 2010 Invesco China Fund March 31, 2006 Invesco Developing Markets Fund September 1, 2001 Invesco Emerging Market Local Currency Debt Fund June 14, 2010 Invesco Emerging Markets Equity Fund May 11, 2011 Invesco Endeavor Fund November 4, 2003 Invesco Global Health Care Fund September 1, 2001 Invesco Global Infrastructure Fund May 2, 2014 Invesco Global Market Neutral Fund December 17, 2013 Invesco Global Markets Strategy Fund September 26, 2012 Invesco Global Targeted Returns Fund December 17, 2013 Invesco International Total Return Fund March 31, 2006 Invesco Long/Short Equity Fund December 17, 2013 Invesco Low Volatility Emerging Markets Fund December 17, 2013 Invesco MLP Fund April 30, 2014 Invesco Macro International Equity Fund December 17, 2013 Invesco Macro Long/Short Fund December 17, 2013 Invesco Pacific Growth Fund February 12, 2010 Invesco Premium Income Fund December 13, 2011 Invesco Select Companies Fund November 4, 2003 Invesco Strategic Income Fund May 2, 2014
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ------------------ ---------------- Invesco Corporate Bond Fund February 12, 2010 Invesco Global Real Estate Fund April 29, 2005 Invesco High Yield Fund June 1, 2000 Invesco Limited Maturity Treasury Fund June 1, 2000 Invesco Money Market Fund June 1, 2000 Invesco Real Estate Fund September 11, 2000 Invesco Short Term Bond Fund August 29, 2002 Invesco U.S. Government Fund June 1, 2000
* Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-2 AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Invesco American Value Fund February 12, 2010 Invesco Comstock Fund February 12, 2010 Invesco Dividend Income Fund November 25, 2003 Invesco Energy Fund November 25, 2003 Invesco Gold & Precious Metals Fund November 25, 2003 Invesco Mid Cap Growth Fund February 12, 2010 Invesco Small Cap Value Fund February 12, 2010 Invesco Technology Fund November 25, 2003 Invesco Technology Sector Fund February 12, 2010 Invesco Value Opportunities Fund February 12, 2010
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Invesco High Yield Municipal Fund February 12, 2010 Invesco Intermediate Term Municipal Income Fund February 12, 2010 Invesco Municipal Income Fund February 12, 2010 Invesco New York Tax Free Income Fund February 12, 2010 Invesco Tax-Exempt Cash Fund June 1, 2000 Invesco Tax-Free Intermediate Fund June 1, 2000
AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S SERIES TRUST)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Premier Portfolio November 25, 2003 Premier Tax-Exempt Portfolio November 25, 2003 Premier U.S. Government Money Portfolio November 25, 2003
AIM VARIABLE INSURANCE FUNDS (INVESCO INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ----------------- ---------------- Invesco V.I. American Franchise Fund February 12, 2010 Invesco V.I. American Value Fund February 12, 2010 Invesco V.I. Balanced-Risk Allocation Fund May 1, 2000 Invesco V.I. Comstock Fund February 12, 2010 Invesco V.I. Core Equity Fund May 1, 2000 Invesco V.I. Diversified Dividend Fund February 9, 2010 Invesco V.I. Diversified Income Fund May 1, 2000 Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 Invesco V.I. Equity and Income Fund February 12, 2010 Invesco V.I. Global Core Equity Fund February 10, 2010 Invesco V.I. Global Health Care Fund April 30, 2004 Invesco V.I. Global Real Estate Fund April 30, 2004 Invesco V.I. Government Securities Fund May 1, 2000 Invesco V.I. Growth and Income Fund February 12, 2010
* Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-3 Invesco V.I. High Yield Fund May 1, 2000 Invesco V.I. International Growth Fund May 1, 2000 Invesco V.I. Managed Volatility Fund April 30, 2004 Invesco V.I. Mid Cap Core Equity Fund September 10, 2001 Invesco V.I. Mid Cap Growth Fund February 12, 2010 Invesco V.I. Money Market Fund May 1, 2000 Invesco V.I. S&P 500 Index Fund February 12, 2010 Invesco V.I. Small Cap Equity Fund September 1, 2003 Invesco V.I. Technology Fund April 30, 2004 Invesco V.I. Value Opportunities Fund September 10, 2001
INVESCO MANAGEMENT TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- -------------- ---------------- Invesco Conservative Income Fund June 26, 2014
INVESCO SECURITIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- ---------------- ---------------- Invesco Balanced-Risk Aggressive Allocation Fund January 16, 2013
SHORT-TERM INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL* ---- -------------- ---------------- Government & Agency Portfolio June 1, 2000 Government TaxAdvantage Portfolio June 1, 2000 Liquid Assets Portfolio June 1, 2000 STIC Prime Portfolio June 1, 2000 Tax-Free Cash Reserve Portfolio June 1, 2000 Treasury Portfolio June 1, 2000
* Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-4 EX-99.77Q3 4 d826981dex9977q3.txt EX-99.77Q3 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: 10/31/2014 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 $ 40,002 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 197 Class C $ 522 Class R $ 499 Class S $ 234 Class Y $ 5,312 Class R5 $ 4,758 Class R6 $ 1,604 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $ 0.1981 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $ 0.0397 Class C $ 0.0397 Class R $ 0.1443 Class S $ 0.2186 Class Y $ 0.2502 Class R5 $ 0.2677 Class R6 $ 0.2873 74U. 1 Number of shares outstanding (000's Omitted) Class A 194,095 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 3,517 Class C 12,666 Class R 2,943 Class S 993 Class Y 20,501 Class R5 17,254 Class R6 5,627 74V. 1 Net asset value per share (to nearest cent) Class A $ 23.28 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 22.21 Class C $ 22.27 Class R $ 23.07 Class S $ 23.30 Class Y $ 23.38 Class R5 $ 24.04 Class R6 $ 24.05
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: 10/31/2014 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 $ 58,295 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 234 Class C $ 2,230 Class R $ 1,526 Class Y $ 12,064 Investor Class $ 28,706 Class R5 $ 28,436 Class R6 $ 13,236 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $ 0.2524 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $ 0.1202 Class C $ 0.1201 Class R $ 0.2092 Class Y $ 0.2965 Investor Class $ 0.2545 Class R5 $ 0.3014 Class R6 $ 0.3181 74U. 1 Number of shares outstanding (000's Omitted) Class A 231,558 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 1,652 Class C 19,402 Class R 7,579 Class Y 46,277 Investor Class 108,590 Class R5 107,178 Class R6 51,586 74V. 1 Net asset value per share (to nearest cent) Class A $ 18.17 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 17.97 Class C $ 17.95 Class R $ 18.22 Class Y $ 18.19 Investor Class $ 18.16 Class R5 $ 18.17 Class R6 $ 18.17
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: 10/31/2014 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 $ 36 2 Dividends for a second class of open-end company shares (000's Omitted) Class P $ 4,580 Class S $ 10 Class Y $ 1 Class R5 $ 1 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.0242 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0000 Class C $0.0000 Class P $0.0439 Class S $0.0374 Class Y $0.0566 Class R5 $0.0698 74U. 1 Number of shares outstanding (000's Omitted) Class A 1,632 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 38 Class C 132 Class P 97,610 Class S 197 Class Y 37 Class R5 29 74V. 1 Net asset value per share (to nearest cent) Class A $ 18.62 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 17.77 Class C $ 17.73 Class P $ 18.74 Class S $ 18.66 Class Y $ 18.67 Class R5 $ 18.71