EX-99.D.1.B 3 d41657dex99d1b.htm EX-99.D.1.B EX-99.D.1.B

AMENDMENT NO. 1

TO

AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of August 21, 2020, amends the Amended and Restated Master Investment Advisory Agreement (the “Agreement”), dated July 1, 2020, between AIM Counselor Series Trust (Invesco Counselor Series Trust), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.

W I T N E S S E T H:

WHEREAS, the parties desire to amend the Agreement to change the name of Invesco Floating Rate Fund to Invesco Floating Rate ESG Fund;

NOW, THEREFORE, the parties agree that:

 

  1.

Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following:

APPENDIX A

FUNDS AND EFFECTIVE DATES

 

Name of Fund

  

Effective Date of Advisory Agreement

Invesco American Franchise 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 ESG Fund    April 14, 2006
Invesco Global Real Estate Income Fund    March 12, 2007
Invesco Growth and Income Fund    February 12, 2010
Invesco Low Volatility Equity Yield Fund    March 31, 2006
Invesco Oppenheimer Capital Appreciation Fund    May 24, 2019
Invesco Oppenheimer Discovery Fund    May 24, 2019
Invesco Oppenheimer Master Loan Fund    May 24, 2019
Invesco Oppenheimer Senior Floating Rate Fund    May 24, 2019
Invesco Oppenheimer Senior Floating Rate Plus Fund    May 24, 2019
Invesco Oppenheimer Short Term Municipal Fund    May 24, 2019
Invesco S&P 500 Index Fund    February 12, 2010
Invesco Short Duration High Yield Municipal Fund    September 30, 2015


APPENDIX B

COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.

Invesco American Franchise Fund

 

Net Assets

   Annual Rate  

First $250 million

     0.695

Next $250 million

     0.67

Next $500 million

     0.645

Next $550 million

     0.62

Next $3.45 billion

     0.60

Next $250 million

     0.595

Next $2.25 billion

     0.57

Next $2.5 billion

     0.545

Over $10 billion

     0.52

Invesco Core Plus Bond Fund

 

Net Assets

   Annual Rate  

First $500 million

     0.450

Next $500 million

     0.425

Next $1.5 billion

     0.400

Next $2.5 billion

     0.375

Over $5 billion

     0.350

Invesco Equally-Weighted S&P 500 Fund

Invesco S&P 500 Index Fund

 

Net Assets

   Annual Rate  

First $2 billion

     0.12

Over $2 billion

     0.10

Invesco Equity and Income Fund

Invesco Growth and Income Fund

 

Net Assets

   Annual Rate  

First $150 million

     0.50

Next $100 million

     0.45

Next $100 million

     0.40

Over $350 million

     0.35


Invesco Floating Rate ESG Fund

 

Net Assets

   Annual Rate  

First $500 million

     0.65

Next $4.5 billion

     0.60

Next $5 billion

     0.575

Over $10 billion

     0.55

Invesco Global Real Estate Income Fund

 

Net Assets

   Annual Rate  

First $250 million

     0.75

Next $250 million

     0.74

Next $500 million

     0.73

Next $1.5 billion

     0.72

Next $2.5 billion

     0.71

Next $2.5 billion

     0.70

Next $2.5 billion

     0.69

Amount over $10 billion

    
0.68

Invesco Low Volatility Equity Yield Fund

 

Net Assets

   Annual Rate  

First $250 million

     0.60

Next $250 million

     0.575

Next $500 million

     0.55

Next $1.5 billion

     0.525

Next $2.5 billion

     0.50

Next $2.5 billion

     0.475

Next $2.5 billion

     0.45

Over $10 billion

     0.425

Invesco Oppenheimer Capital Appreciation Fund*

 

Net Assets

   Annual Rate  

First $200 million

     0.75

Next $200 million

     0.72

Next $200 million

     0.69

Next $200 million

     0.66

Next $700 million

     0.60

Next $1 billion

     0.58

Next $2 billion

     0.56

Next $2 billion

     0.54

Next $2 billion

     0.52

Next $2.5 billion

     0.50

Over $11 billion

     0.48

 

* 

The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.


Invesco Oppenheimer Discovery Fund*

 

Net Assets

   Annual Rate  

First $200 million

     0.75

Next $200 million

     0.72

Next $200 million

     0.69

Next $200 million

     0.66

Next $700 million

     0.60

Next $3.5 billion

     0.58

Over $5 billion

     0.55

Invesco Oppenheimer Master Loan Fund*

 

Net Assets

   Annual Rate  

All Assets

     0.30

Invesco Oppenheimer Senior Floating Rate Fund*

 

Net Assets

   Annual Rate  

First $200 million

     0.75

Next $200 million

     0.72

Next $200 million

     0.69

Next $200 million

     0.66

Next $4.2 billion

     0.60

Next $5 billion

     0.58

Next $10 billion

     0.56

Over $20 billion

     0.55

Invesco Oppenheimer Senior Floating Rate Plus Fund*

 

Net Assets

   Annual Rate  

First $200 million

     0.80

Next $200 million

     0.77

Next $200 million

     0.74

Next $200 million

     0.71

Next $4.2 billion

     0.65

Over $5 billion

     0.63

Invesco Oppenheimer Short Term Municipal Fund*

 

Net Assets

   Annual Rate  

First $100 million

     0.50

Next $150 million

     0.45

Next $250 million

     0.425

Next $500 million

     0.40

Next $4 billion

     0.37

Over $5 billion

     0.35

 

 

* 

The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.


Invesco Short Duration High Yield Municipal Fund

 

Net Assets

   Annual Rate  

First $100 million

     0.4825

Next $150 million

     0.4325

Next $250 million

     0.4075

Next $4.5 billion

     0.3825

Next $5 billion

     0.3725

Over $10 billion

     0.3525

 

  2.

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.


IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.

 

AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
By:   /s/ Jeffrey H. Kupor
  Jeffrey H. Kupor
  Secretary, Senior Vice President and
  Chief Legal Officer
INVESCO ADVISERS, INC.
By:   /s/ Jeffrey H. Kupor
  Jeffrey H. Kupor
  Senior Vice President & Secretary