EX-99.H.2.B 19 d41657dex99h2b.htm EX-99.H.2.B EX-99.H.2.B

AMENDMENT NO. 1

TO

THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

This Amendment dated as of August 21, 2020, amends the Third Amended and Restated Master Administrative Services Agreement (the “Agreement”), dated July 1, 2020, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Counselor Series Trust (Invesco Counselor Series Trust), a Delaware statutory trust, is hereby amended as follows:

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 as follows;

Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:

“APPENDIX A

TO

THIRD AMENDED AND RESTATED

MASTER ADMINISTRATIVE SERVICES AGREEMENT

OF

AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)

 

Portfolios

  

Effective Date of
Agreement

  

Advisory/Administrative Services
Fee Limit

Invesco American Franchise Fund    February 12, 2010    N/A
Invesco Core Plus Bond Fund    June 2, 2009    N/A
Invesco Equally-Weighted S&P 500 Fund    February 12, 2010    N/A
Invesco Equity and Income Fund    February 12, 2010    N/A
Invesco Floating Rate ESG Fund    July 1, 2006    N/A
Invesco Global Real Estate Income Fund    March 12, 2007    N/A
Invesco Growth and Income Fund    February 12, 2010    N/A
Invesco Low Volatility Equity Yield Fund    July 1, 2006    N/A
Invesco Oppenheimer Capital Appreciation Fund    May 24, 2019    N/A
Invesco Oppenheimer Discovery Fund    May 24, 2019    N/A
Invesco Oppenheimer Master Loan Fund    May 24, 2019    N/A
Invesco Oppenheimer Senior Floating Rate Fund    May 24, 2019    N/A
Invesco Oppenheimer Senior Floating Rate Plus Fund    May 24, 2019    N/A
Invesco Oppenheimer Short Term Municipal Fund    May 24, 2019    N/A
Invesco S&P 500 Index Fund    February 12, 2010    N/A
Invesco Short Duration High Yield Municipal Fund***    September 30, 2015   

0.50% of the first $100M

0.45% of the next $150M

0.425% of the next $250M

0.40% of the next $4.5B

0.39% of the next $5B

0.37% of the excess over $10B of average daily net assets

 

1


The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:

 

Rate*

   Invesco Fund Complex Net Assets**

0.0175%

   First $100 billion

0.0150%

   Next $100 billion

0.0135%

   Next $100 billion

0.0125%

   Next $100 billion

0.010%

   Over $400 billion

 

*

The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month.

**

Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board.

***

The administrative services fee paid under this Agreement may not be increased so that the combined advisory fee paid under the Advisory Agreement plus the administrative services fee paid under this Agreement exceeds the “Advisory/Administrative Services Fee Limit” in the table above unless such increase is approved by a majority of the Fund’s outstanding voting securities or the Fund concurrently enters into a contractual arrangement with the Administrator to waive the increased amount, provided that such contractual arrangement can only be eliminated by approval of a majority of the Fund’s outstanding voting securities.

 

2


All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

 

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

 

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