0001193125-16-483924.txt : 20160229 0001193125-16-483924.hdr.sgml : 20160229 20160229095959 ACCESSION NUMBER: 0001193125-16-483924 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20151231 FILED AS OF DATE: 20160229 DATE AS OF CHANGE: 20160229 EFFECTIVENESS DATE: 20160229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM FUNDS GROUP (INVESCO FUNDS GROUP) CENTRAL INDEX KEY: 0000019034 IRS NUMBER: 060841973 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-01540 FILM NUMBER: 161465243 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLZ STE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: INVESCO FUNDS GROUP STREET 2: 11 GREENWAY PLZ STE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM FUNDS GROUP DATE OF NAME CHANGE: 20060203 FORMER COMPANY: FORMER CONFORMED NAME: AIM FUNDS GROUP/DE DATE OF NAME CHANGE: 19940718 FORMER COMPANY: FORMER CONFORMED NAME: AIM FUNDS GROUP DATE OF NAME CHANGE: 19921016 0000019034 S000000212 INVESCO European Small Company Fund C000000470 Class A ESMAX C000000471 Class B ESMBX C000000472 Class C ESMCX C000071337 Class Y ESMYX 0000019034 S000000213 INVESCO Global Core Equity Fund C000000473 Class A AWSAX C000000474 Class B AWSBX C000000475 Class C AWSCX C000022912 CLASS R5 AWSIX C000071338 Class Y AWSYX C000095997 Class R AWSRX 0000019034 S000000214 INVESCO International Small Company Fund C000000476 Class A IEGAX C000000477 Class B IEGBX C000000478 Class C IEGCX C000022913 CLASS R5 IEGIX C000071339 Class Y IEGYX C000120709 Class R6 IEGFX 0000019034 S000000218 INVESCO Small Cap Equity Fund C000000490 Class A SMEAX C000000491 Class B SMEBX C000000492 Class C SMECX C000000493 Class R SMERX C000022917 CLASS R5 SMEIX C000071342 Class Y SMEYX C000120710 Class R6 SMEFX NSAR-B 1 d130034dnsarb.fil NSAR-B - AIF PAGE 1 000 B000000 12/31/2015 000 C000000 0000019034 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 FUNDS GROUP (INVESCO FUNDS GROUP) 001 B000000 811-1540 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 4 007 C011800 18 007 C021800 Invesco European Small Company Fund 007 C031800 N 007 C011900 19 007 C021900 Invesco International Small Company Fund 007 C031900 N 007 C012100 21 007 C022100 Invesco Small Cap Equity Fund 007 C032100 N 007 C012300 23 007 C022300 Invesco Global Core Equity Fund 007 C032300 N 008 A00AA01 Invesco Advisers, Inc. 008 B00AA01 A 008 C00AA01 801-12313 008 D01AA01 HOUSTON 008 D02AA01 TX 008 D03AA01 77046 008 D04AA01 1173 008 A00AA02 Invesco Hong Kong Limited 008 B00AA02 S 008 C00AA02 801-47856 008 D01AA02 HONG KONG 008 D05AA02 HONG KONG 008 A00AA03 Invesco Senior Secured Management, Inc. 008 B00AA03 S 008 C00AA03 801-38119 008 D01AA03 NEW YORK PAGE 2 008 D02AA03 NY 008 D03AA03 10036 008 D04AA03 2727 008 A00AA04 Invesco Asset Management Deutschland GmbH 008 B00AA04 S 008 C00AA04 801-67712 008 D01AA04 Frankfurt 008 D05AA04 Germany 008 D06AA04 60313 008 A00AA05 Invesco Asset Management Limited 008 B00AA05 S 008 C00AA05 801-50197 008 D01AA05 London 008 D05AA05 United Kingdom 008 D06AA05 EC2A1AG 008 A00AA06 Invesco Asset Management (Japan) Ltd. 008 B00AA06 S 008 C00AA06 801-52601 008 D01AA06 Tokyo 008 D05AA06 Japan 008 D06AA06 105-6025 008 A00AA07 Invesco Canada Ltd. 008 B00AA07 S 008 C00AA07 801-62166 008 D01AA07 TORONTO 008 D05AA07 CANADA 008 D06AA07 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 015 A00AA01 State Street Bank and Trust Company 015 B00AA01 C 015 C01AA01 BOSTON 015 C02AA01 MA 015 C03AA01 02110 015 C04AA01 2801 015 E01AA01 X PAGE 3 015 A00AA02 The Bank of New York Mellon 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 146 019 C00AA00 INVESCOFDS 020 A000001 ITG INC. 020 B000001 95-4339369 020 C000001 135 020 A000002 J.P. 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F041800 20602 028 G011800 199720 028 G021800 23088 028 G031800 0 028 G041800 84407 PAGE 5 028 H001800 12280 028 A011900 3378 028 A021900 0 028 A031900 0 028 A041900 10275 028 B011900 2666 028 B021900 0 028 B031900 0 028 B041900 13013 028 C011900 3027 028 C021900 0 028 C031900 0 028 C041900 14716 028 D011900 4582 028 D021900 0 028 D031900 0 028 D041900 18837 028 E011900 4095 028 E021900 0 028 E031900 0 028 E041900 8822 028 F011900 6706 028 F021900 20779 028 F031900 0 028 F041900 38042 028 G011900 24454 028 G021900 20779 028 G031900 0 028 G041900 103705 028 H001900 3939 028 A012100 26851 028 A022100 0 028 A032100 0 028 A042100 28569 028 B012100 47361 028 B022100 -1 028 B032100 0 028 B042100 31842 028 C012100 25628 028 C022100 0 028 C032100 0 028 C042100 20807 028 D012100 25819 028 D022100 0 028 D032100 0 028 D042100 29811 028 E012100 22473 028 E022100 0 028 E032100 0 028 E042100 27668 028 F012100 38081 PAGE 6 028 F022100 76424 028 F032100 0 028 F042100 34526 028 G012100 186213 028 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002100 0 033 002300 0 034 001800 Y 034 001900 Y 034 002100 Y 034 002300 Y 035 001800 16 035 001900 2 035 002100 6 035 002300 12 036 A001800 N 036 B001800 0 036 A001900 N 036 B001900 0 036 A002100 N 036 B002100 0 036 A002300 N 036 B002300 0 037 001800 N 037 001900 N 037 002100 N 037 002300 N 038 001800 0 038 001900 0 038 002100 0 038 002300 0 039 001800 N 039 001900 N 039 002100 N 039 002300 N 040 001800 Y 040 001900 Y 040 002100 Y 040 002300 Y 041 001800 Y PAGE 8 041 001900 Y 041 002100 Y 041 002300 Y 042 A001800 0 042 B001800 0 042 C001800 0 042 D001800 100 042 E001800 0 042 F001800 0 042 G001800 0 042 H001800 0 042 A001900 0 042 B001900 0 042 C001900 100 042 D001900 0 042 E001900 0 042 F001900 0 042 G001900 0 042 H001900 0 042 A002100 0 042 B002100 0 042 C002100 100 042 D002100 0 042 E002100 0 042 F002100 0 042 G002100 0 042 H002100 0 042 A002300 0 042 B002300 0 042 C002300 100 042 D002300 0 042 E002300 0 042 F002300 0 042 G002300 0 042 H002300 0 043 001800 810 043 001900 612 043 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0.000 048 J011900 0 048 J021900 0.000 048 K011900 10000000 048 K021900 0.760 048 002100 0.000 PAGE 10 048 A012100 250000 048 A022100 0.745 048 B012100 250000 048 B022100 0.730 048 C012100 500000 048 C022100 0.715 048 D012100 1500000 048 D022100 0.700 048 E012100 2500000 048 E022100 0.685 048 F012100 2500000 048 F022100 0.670 048 G012100 2500000 048 G022100 0.655 048 H012100 0 048 H022100 0.000 048 I012100 0 048 I022100 0.000 048 J012100 0 048 J022100 0.000 048 K012100 10000000 048 K022100 0.640 048 002300 0.000 048 A012300 250000 048 A022300 0.800 048 B012300 250000 048 B022300 0.780 048 C012300 500000 048 C022300 0.760 048 D012300 1500000 048 D022300 0.740 048 E012300 2500000 048 E022300 0.720 048 F012300 2500000 048 F022300 0.700 048 G012300 2500000 048 G022300 0.680 048 H012300 0 048 H022300 0.000 048 I012300 0 048 I022300 0.000 048 J012300 0 048 J022300 0.000 048 K012300 10000000 048 K022300 0.660 049 001800 N 049 001900 N 049 002100 N 049 002300 N 050 001800 N 050 001900 N PAGE 11 050 002100 N 050 002300 N 051 001800 N 051 001900 N 051 002100 N 051 002300 N 052 001800 N 052 001900 N 052 002100 N 052 002300 N 053 A001800 Y 053 B001800 Y 053 C001800 N 053 A001900 Y 053 B001900 Y 053 C001900 N 053 A002100 Y 053 B002100 Y 053 C002100 N 053 A002300 Y 053 B002300 Y 053 C002300 N 054 A00AA00 Y 054 B00AA00 N 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 N 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 N 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 055 A001800 N 055 B001800 N 055 A001900 Y 055 B001900 N 055 A002100 N 055 B002100 N 055 A002300 N 055 B002300 N 056 001800 Y 056 001900 Y 056 002100 Y 056 002300 Y 057 001800 N 057 001900 N PAGE 12 057 002100 N 057 002300 N 058 A001800 N 058 A001900 N 058 A002100 N 058 A002300 N 059 001800 Y 059 001900 Y 059 002100 Y 059 002300 Y 060 A001800 Y 060 B001800 Y 060 A001900 Y 060 B001900 Y 060 A002100 Y 060 B002100 Y 060 A002300 Y 060 B002300 Y 061 001800 50 061 001900 50 061 002100 50 061 002300 50 062 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 PAGE 13 062 L001900 0.0 062 M001900 0.0 062 N001900 0.0 062 O001900 0.0 062 P001900 0.0 062 Q001900 0.0 062 R001900 0.0 062 A002100 N 062 B002100 0.0 062 C002100 0.0 062 D002100 0.0 062 E002100 0.0 062 F002100 0.0 062 G002100 0.0 062 H002100 0.0 062 I002100 0.0 062 J002100 0.0 062 K002100 0.0 062 L002100 0.0 062 M002100 0.0 062 N002100 0.0 062 O002100 0.0 062 P002100 0.0 062 Q002100 0.0 062 R002100 0.0 062 A002300 N 062 B002300 0.0 062 C002300 0.0 062 D002300 0.0 062 E002300 0.0 062 F002300 0.0 062 G002300 0.0 062 H002300 0.0 062 I002300 0.0 062 J002300 0.0 062 K002300 0.0 062 L002300 0.0 062 M002300 0.0 062 N002300 0.0 062 O002300 0.0 062 P002300 0.0 062 Q002300 0.0 062 R002300 0.0 063 A001800 0 063 B001800 0.0 063 A001900 0 063 B001900 0.0 063 A002100 0 063 B002100 0.0 063 A002300 0 063 B002300 0.0 PAGE 14 066 A001800 Y 066 B001800 N 066 C001800 Y 066 D001800 N 066 E001800 N 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 066 A002100 Y 066 B002100 N 066 C002100 Y 066 D002100 N 066 E002100 N 066 F002100 N 066 G002100 N 066 A002300 Y 066 B002300 N 066 C002300 N 066 D002300 Y 066 E002300 N 066 F002300 N 066 G002300 N 067 001800 N 067 001900 N 067 002100 N 067 002300 N 068 A001800 N 068 B001800 Y 068 A001900 N 068 B001900 Y 068 A002100 N 068 B002100 N 068 A002300 N 068 B002300 Y 069 001800 N 069 001900 N 069 002100 N 069 002300 N 070 A011800 Y 070 A021800 N 070 B011800 Y 070 B021800 N 070 C011800 Y 070 C021800 N 070 D011800 Y PAGE 15 070 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 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 PAGE 16 070 L011900 Y 070 L021900 Y 070 M011900 Y 070 M021900 Y 070 N011900 Y 070 N021900 N 070 O011900 Y 070 O021900 N 070 P011900 Y 070 P021900 N 070 Q011900 N 070 Q021900 N 070 R011900 Y 070 R021900 N 070 A012100 Y 070 A022100 N 070 B012100 Y 070 B022100 N 070 C012100 Y 070 C022100 N 070 D012100 Y 070 D022100 N 070 E012100 Y 070 E022100 N 070 F012100 Y 070 F022100 N 070 G012100 Y 070 G022100 N 070 H012100 Y 070 H022100 N 070 I012100 N 070 I022100 N 070 J012100 Y 070 J022100 N 070 K012100 Y 070 K022100 Y 070 L012100 Y 070 L022100 Y 070 M012100 Y 070 M022100 N 070 N012100 Y 070 N022100 Y 070 O012100 Y 070 O022100 N 070 P012100 Y 070 P022100 Y 070 Q012100 N 070 Q022100 N 070 R012100 Y 070 R022100 N 070 A012300 Y PAGE 17 070 A022300 N 070 B012300 Y 070 B022300 N 070 C012300 Y 070 C022300 N 070 D012300 Y 070 D022300 N 070 E012300 Y 070 E022300 N 070 F012300 Y 070 F022300 N 070 G012300 Y 070 G022300 N 070 H012300 Y 070 H022300 N 070 I012300 N 070 I022300 N 070 J012300 Y 070 J022300 Y 070 K012300 Y 070 K022300 Y 070 L012300 Y 070 L022300 Y 070 M012300 Y 070 M022300 Y 070 N012300 Y 070 N022300 N 070 O012300 Y 070 O022300 N 070 P012300 Y 070 P022300 Y 070 Q012300 N 070 Q022300 N 070 R012300 Y 070 R022300 N 071 A001800 98823 071 B001800 63871 071 C001800 340521 071 D001800 19 071 A001900 28917 071 B001900 134920 071 C001900 340703 071 D001900 8 071 A002100 430523 071 B002100 399310 071 C002100 1363487 071 D002100 29 071 A002300 682866 071 B002300 796891 071 C002300 1042201 071 D002300 66 PAGE 18 072 A001800 12 072 B001800 0 072 C001800 10306 072 D001800 0 072 E001800 0 072 F001800 3732 072 G001800 0 072 H001800 0 072 I001800 596 072 J001800 203 072 K001800 0 072 L001800 46 072 M001800 26 072 N001800 73 072 O001800 0 072 P001800 0 072 Q001800 108 072 R001800 45 072 S001800 16 072 T001800 810 072 U001800 0 072 V001800 0 072 W001800 27 072 X001800 5682 072 Y001800 79 072 Z001800 4703 072AA001800 19240 072BB001800 12093 072CC011800 9914 072CC021800 0 072DD011800 2906 072DD021800 4335 072EE001800 18600 072 A001900 12 072 B001900 0 072 C001900 9879 072 D001900 0 072 E001900 0 072 F001900 3390 072 G001900 0 072 H001900 0 072 I001900 599 072 J001900 208 072 K001900 0 072 L001900 45 072 M001900 28 072 N001900 89 072 O001900 0 072 P001900 0 072 Q001900 109 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0.00 074 W002100 0.0000 074 X002100 156772 074 Y002100 23979 074 A002300 24 074 B002300 0 074 C002300 0 074 D002300 0 074 E002300 0 074 F002300 950490 074 G002300 0 074 H002300 0 074 I002300 4170 074 J002300 0 074 K002300 0 074 L002300 2972 074 M002300 240 074 N002300 957896 074 O002300 0 074 P002300 817 074 Q002300 0 PAGE 23 074 R012300 0 074 R022300 0 074 R032300 0 074 R042300 2277 074 S002300 0 074 T002300 954802 074 U012300 62077 074 U022300 10746 074 V012300 0.00 074 V022300 0.00 074 W002300 0.0000 074 X002300 99451 074 Y002300 0 075 A001800 0 075 B001800 402536 075 A001900 0 075 B001900 364035 075 A002100 0 075 B002100 1394304 075 A002300 0 075 B002300 1049603 076 001800 0.00 076 001900 0.00 076 002100 0.00 076 002300 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 154 082 A00AA00 Y 082 B00AA00 100 PAGE 24 083 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 d130034dex9977b.txt EX-99.77B REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees and Shareholders of AIM Funds Group (Invesco Funds Group): In planning and performing our audits of the financial statements of Invesco European Small Company Fund, Invesco Global Core Equity Fund, Invesco International Small Company Fund and Invesco Small Cap Equity Fund (hereafter referred to as the "Funds") as of and for the year ended December 31, 2015 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 December 31, 2015. This report is intended solely for the information and use of management and the Board of Trustees of AIM Funds Group (Invesco Funds Group) and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. February 24, 2016 EX-99.77Q1E 3 d130034dex9977q1e.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 Advantage Municipal Income Trust II, Invesco Bond Fund, Invesco California Value Municipal Income Trust, Invesco Dynamic Credit Opportunities Fund, Invesco Exchange Fund, Invesco High Income Trust II, Invesco Management Trust, Invesco Municipal Income Opportunities Trust, Invesco Municipal Opportunity Trust, Invesco Municipal Trust, Invesco Pennsylvania Value Municipal Income Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco Senior Income Trust, Invesco Trust for Investment Grade Municipals, Invesco Trust for Investment Grade New York Municipals 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. 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 INVESCO BOND FUND COUNSELOR SERIES TRUST) INVESCO CALIFORNIA VALUE MUNICIPAL AIM EQUITY FUNDS (INVESCO EQUITY INCOME TRUST FUNDS) INVESCO DYNAMIC CREDIT OPPORTUNITIES AIM FUNDS GROUP (INVESCO FUNDS GROUP) FUND AIM GROWTH SERIES (INVESCO GROWTH INVESCO EXCHANGE FUND SERIES) INVESCO HIGH INCOME TRUST II AIM INTERNATIONAL MUTUAL FUNDS INVESCO MANAGEMENT TRUST (INVESCO INTERNATIONAL MUTUAL FUNDS) INVESCO MUNICIPAL INCOME AIM INVESTMENT FUNDS (INVESCO OPPORTUNITIES TRUST INVESTMENT FUNDS) INVESCO MUNICIPAL OPPORTUNITY TRUST AIM INVESTMENT SECURITIES FUNDS INVESCO MUNICIPAL TRUST (INVESCO INVESTMENT SECURITIES FUNDS) INVESCO PENNSYLVANIA VALUE MUNICIPAL AIM SECTOR FUNDS (INVESCO SECTOR INCOME TRUST FUNDS) INVESCO QUALITY MUNICIPAL INCOME TRUST AIM TAX-EXEMPT FUNDS (INVESCO INVESCO SECURITIES TRUST TAX-EXEMPT FUNDS) INVESCO SENIOR INCOME TRUST AIM TREASURER'S SERIES TRUST (INVESCO INVESCO TRUST FOR INVESTMENT GRADE TREASURER'S SERIES TRUST) MUNICIPALS AIM VARIABLE INSURANCE FUNDS (INVESCO INVESCO TRUST FOR INVESTMENT GRADE VARIABLE INSURANCE FUNDS) NEW YORK MUNICIPALS INVESCO ADVANTAGE MUNICIPAL INCOME INVESCO VALUE MUNICIPAL INCOME TRUST TRUST II 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 EFFECTIVE EXPIRATION (INVESCO COUNSELOR SERIES TRUST) WAIVER DESCRIPTION DATE DATE -------------------------------- ----------------------------------------------------------- ---------- ---------- Invesco Strategic Real Return Invesco will waive advisory fees in an amount equal to the Fund advisory fees earned on underlying affiliated investments 4/30/2014 06/30/2017 AIM INVESTMENT FUNDS (INVESCO EFFECTIVE EXPIRATION INVESTMENT FUNDS WAIVER DESCRIPTION DATE DATE ----------------------------- ----------------------------------------------------------- ---------- ---------- Invesco Global Targeted Invesco will waive advisory fees in an amount equal to the Returns Fund advisory fees earned on underlying affiliated investments 12/17/2013 06/30/2017 Invesco Strategic Income Fund Invesco will waive advisory fees in an amount equal to the advisory fees earned on underlying affiliated investments 5/2/2014 06/30/2017 Invesco Unconstrained Bond Invesco will waive advisory fees in an amount equal to the Fund advisory fees earned on underlying affiliated investments 10/14/2014 06/30/2017 AIM TREASURER'S SERIES TRUST EFFECTIVE EXPIRATION (INVESCO TREASURER'S SERIES TRUST) WAIVER DESCRIPTION DATE DATE ---------------------------------- ----------------------------------------------------------- ---------- ---------- Premier Portfolio Invesco will waive advisory fees in the amount of 0.07% of the Fund's average daily net assets 2/1/2011 12/31/2016 Premier U.S. Government Invesco will waive advisory fees in the amount of 0.07% Money Portfolio of the Fund's average daily net assets 2/1/2011 12/31/2016
EXHIBIT "B" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
COMMITTED PORTFOLIO EFFECTIVE DATE UNTIL --------- ------------------ ------------- Invesco American Franchise Fund February 12, 2010 June 30, 2017 Invesco California Tax-Free Income Fund February 12, 2010 June 30, 2017 Invesco Core Plus Bond Fund June 2, 2009 June 30, 2017 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2017 Invesco Equity and Income Fund February 12, 2010 June 30, 2017 Invesco Floating Rate Fund July 1, 2007 June 30, 2017 Invesco Global Real Estate Income Fund July 1, 2007 June 30, 2017 Invesco Growth and Income Fund February 12, 2010 June 30, 2017 Invesco Low Volatility Equity Yield Fund July 1, 2007 June 30, 2017 Invesco Pennsylvania Tax Free Income Fund February 12, 2010 June 30, 2017 Invesco S&P 500 Index Fund February 12, 2010 June 30, 2017 Invesco Short Duration High Yield Municipal Fund September 30, 2015 June 30, 2017 Invesco Small Cap Discovery Fund February 12, 2010 June 30, 2017 Invesco Strategic Real Return Fund April 30, 2014 June 30, 2017
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
COMMITTED PORTFOLIO EFFECTIVE DATE UNTIL --------- -------------- ------------- Invesco Charter Fund July 1, 2007 June 30, 2017 Invesco Diversified Dividend Fund July 1, 2007 June 30, 2017 Invesco Summit Fund July 1, 2007 June 30, 2017
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- -------------- ------------- Invesco European Small Company Fund July 1, 2007 June 30, 2017 Invesco Global Core Equity Fund July 1, 2007 June 30, 2017 Invesco International Small Company Fund July 1, 2007 June 30, 2017 Invesco Small Cap Equity Fund July 1, 2007 June 30, 2017
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco Convertible Securities Fund February 12, 2010 June 30, 2017 Invesco Global Low Volatility Equity Yield Fund July 1, 2007 June 30, 2017 Invesco Mid Cap Core Equity Fund July 1, 2007 June 30, 2017 Invesco Small Cap Growth Fund July 1, 2007 June 30, 2017 Invesco U.S. Mortgage Fund February 12, 2010 June 30, 2017
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco Asia Pacific Growth Fund July 1, 2007 June 30, 2017 Invesco European Growth Fund July 1, 2007 June 30, 2017 Invesco Global Growth Fund July 1, 2007 June 30, 2017 Invesco Global Opportunities Fund August 3, 2012 June 30, 2017 Invesco Global Small & Mid Cap Growth Fund July 1, 2007 June 30, 2017 Invesco International Companies Fund December 21, 2015 June 30, 2017 Invesco International Core Equity Fund July 1, 2007 June 30, 2017 Invesco International Growth Fund July 1, 2007 June 30, 2017 Invesco Select Opportunities Fund August 3, 2012 June 30, 2017
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ------------------ ------------- Invesco All Cap Market Neutral Fund December 17, 2013 June 30, 2017 Invesco Balanced-Risk Allocation Fund/1/ May 29, 2009 June 30, 2017 Invesco Balanced-Risk Commodity Strategy Fund/2/ November 29, 2010 June 30, 2017 Invesco Developing Markets Fund July 1, 2007 June 30, 2017 Invesco Emerging Markets Equity Fund May 11, 2011 June 30, 2017 Invesco Emerging Market Local Currency Debt Fund June 14, 2010 June 30, 2017 Invesco Endeavor Fund July 1, 2007 June 30, 2017 Invesco Global Health Care Fund July 1, 2007 June 30, 2017 Invesco Global Infrastructure Fund May 2, 2014 June 30, 2017 Invesco Global Market Neutral Fund December 17, 2013 June 30, 2017 Invesco Global Markets Strategy Fund/3/ September 25, 2012 June 30, 2017 Invesco Global Targeted Returns Fund/4/ December 17, 2013 June 30, 2017 Invesco Greater China Fund July 1, 2007 June 30, 2017 Invesco International Total Return Fund July 1, 2007 June 30, 2017 Invesco Long/Short Equity Fund December 17, 2013 June 30, 2017 Invesco Low Volatility Emerging Markets Fund December 17, 2013 June 30, 2017 Invesco Macro International Equity Fund December 17, 2013 June 30, 2017 Invesco Macro Long/Short Fund December 17, 2013 June 30, 2017 Invesco MLP Fund August 29, 2014 June 30, 2017 Invesco Pacific Growth Fund February 12, 2010 June 30, 2017 Invesco Premium Income Fund December 13, 2011 June 30, 2017 Invesco Select Companies Fund July 1, 2007 June 30, 2017 Invesco Strategic Income Fund May 2, 2014 June 30, 2017 Invesco Unconstrained Bond Fund October 14, 2014 June 30, 2017
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco Corporate Bond Fund February 12, 2010 June 30, 2017 Invesco Global Real Estate Fund July 1, 2007 June 30, 2017 Invesco High Yield Fund July 1, 2007 June 30, 2017 Invesco Limited Maturity Treasury Fund/5/ July 1, 2007 June 30, 2017 Invesco Money Market Fund July 1, 2007 June 30, 2017 Invesco Real Estate Fund July 1, 2007 June 30, 2017 Invesco Short Term Bond Fund July 1, 2007 June 30, 2017 Invesco U.S. Government Fund July 1, 2007 June 30, 2017
-------- 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. 5 Effective December 31, 2015, Invesco Limited Maturity Treasury Fund will change its name to Invesco Short Duration Inflation Protected Fund. Sub-Item 77Q1(e) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco American Value Fund February 12, 2010 June 30, 2017 Invesco Comstock Fund February 12, 2010 June 30, 2017 Invesco Energy Fund July 1, 2007 June 30, 2017 Invesco Dividend Income Fund July 1, 2007 June 30, 2017 Invesco Gold & Precious Metals Fund July 1, 2007 June 30, 2017 Invesco Mid Cap Growth Fund February 12, 2010 June 30, 2017 Invesco Small Cap Value Fund February 12, 2010 June 30, 2017 Invesco Technology Fund July 1, 2007 June 30, 2017 Invesco Technology Sector Fund February 12, 2010 June 30, 2017 Invesco Value Opportunities Fund February 12, 2010 June 30, 2017
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco High Yield Municipal Fund February 12, 2010 June 30, 2017 Invesco Intermediate Term Municipal Income Fund February 12, 2010 June 30, 2017 Invesco Municipal Income Fund February 12, 2010 June 30, 2017 Invesco New York Tax Free Income Fund February 12, 2010 June 30, 2017 Invesco Tax-Exempt Cash Fund July 1, 2007 June 30, 2017 Invesco Limited Term Municipal Income Fund July 1, 2007 June 30, 2017
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ----------------- ------------- Invesco V.I. American Franchise Fund February 12, 2010 June 30, 2017 Invesco V.I. American Value Fund February 12, 2010 June 30, 2017 Invesco V.I. Balanced-Risk Allocation Fund/5/ December 22, 2010 June 30, 2017 Invesco V.I. Comstock Fund February 12, 2010 June 30, 2017 Invesco V.I. Core Equity Fund July 1, 2007 June 30, 2017 Invesco V.I. Core Plus Bond Fund April 30, 2015 June 30, 2017 Invesco V.I. Diversified Dividend Fund February 12, 2010 June 30, 2017 Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2017 Invesco V.I. Equity and Income Fund February 12, 2010 June 30, 2017 Invesco V.I. Global Core Equity Fund February 12, 2010 June 30, 2017 Invesco V.I. Global Health Care Fund July 1, 2007 June 30, 2017 Invesco V.I. Global Real Estate Fund July 1, 2007 June 30, 2017 Invesco V.I. Government Securities Fund July 1, 2007 June 30, 2017 Invesco V.I. Growth and Income Fund February 12, 2010 June 30, 2017 Invesco V.I. High Yield Fund July 1, 2007 June 30, 2017 Invesco V.I. International Growth Fund July 1, 2007 June 30, 2017 Invesco V.I. Managed Volatility Fund July 1, 2007 June 30, 2017 Invesco V.I. Mid Cap Core Equity Fund July 1, 2007 June 30, 2017 Invesco V.I. Mid Cap Growth Fund February 12, 2010 June 30, 2017 Invesco V.I. Money Market Fund July 1, 2007 June 30, 2017 Invesco V.I. S&P 500 Index Fund February 12, 2010 June 30, 2017 Invesco V.I. Small Cap Equity Fund July 1, 2007 June 30, 2017 Invesco V.I. Technology Fund July 1, 2007 June 30, 2017 Invesco V.I. Value Opportunities Fund July 1, 2007 June 30, 2017
/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 EXCHANGE FUND
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ------------------ ------------- Invesco Exchange Fund September 30, 2015 June 30, 2017
INVESCO SECURITIES TRUST
COMMITTED FUND EFFECTIVE DATE UNTIL ---- ---------------- ------------- Invesco Balanced-Risk Aggressive Allocation Fund January 16, 2013 June 30, 2017
INVESCO MANAGEMENT TRUST
COMMITTED FUND EFFECTIVE DATE UNTIL ---- -------------- ------------- Invesco Conservative Income Fund July 1, 2014 June 30, 2017
CLOSED-END FUNDS
COMMITTED FUND EFFECTIVE DATE UNTIL ---- --------------- ------------- Invesco Advantage Municipal Income Trust II May 15, 2012 June 30, 2017 Invesco Bond Fund August 26, 2015 June 30, 2017 Invesco California Value Municipal Income Trust May 15, 2012 June 30, 2017 Invesco Dynamic Credit Opportunities Fund May 15, 2012 June 30, 2017 Invesco High Income Trust II May 15, 2012 June 30, 2017 Invesco Municipal Income Opportunities Trust August 26, 2015 June 30, 2017 Invesco Municipal Opportunity Trust May 15, 2012 June 30, 2017 Invesco Municipal Trust May 15, 2012 June 30, 2017 Invesco Pennsylvania Value Municipal Income Trust May 15, 2012 June 30, 2017 Invesco Quality Municipal Income Trust August 26, 2015 June 30, 2017 Invesco Senior Income Trust May 15, 2012 June 30, 2017 Invesco Trust for Investment Grade Municipals May 15, 2012 June 30, 2017 Invesco Trust for Investment Grade New York Municipals May 15, 2012 June 30, 2017 Invesco Value Municipal Income Trust June 1, 2010 June 30, 2017
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 California Value Municipal Trust, Invesco Management Trust, Invesco Municipal Opportunity Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco Trust for Investment Grade New York Municipals 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 CALIFORNIA VALUE MUNICIPAL INCOME TRUST INVESCO MANAGEMENT TRUST INVESCO MUNICIPAL OPPORTUNITY TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO SECURITIES TRUST INVESCO TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS 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 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, 2016 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2016 Invesco California Tax-Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Core Plus Bond Fund Class A Shares Contractual 0.86% January 1, 2015 December 31, 2016 Class B Shares Contractual 1.61% January 1, 2015 December 31, 2016 Class C Shares Contractual 1.61% January 1, 2015 December 31, 2016 Class R Shares Contractual 1.11% January 1, 2015 December 31, 2016 Class R5 Shares Contractual 0.61% January 1, 2015 December 31, 2016 Class R6 Shares Contractual 0.61% January 1, 2015 December 31, 2016 Class Y Shares Contractual 0.61% January 1, 2015 December 31, 2016 Invesco Equally-Weighted S&P 500 Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Equity and Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Floating Rate Fund Class A Shares Contractual 1.50% April 14, 2006 June 30, 2016 Class C Shares Contractual 2.00% April 14, 2006 June 30, 2016 Class R Shares Contractual 1.75% April 14, 2006 June 30, 2016 Class R5 Shares Contractual 1.25% April 14, 2006 June 30, 2016 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.25% October 3, 2008 June 30, 2016 Invesco Global Real Estate Income Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016
See page 17 for footnotes to Exhibit A. 3
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, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2016 Invesco Pennsylvania Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco S&P 500 Index Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Short Duration High Yield Municipal Fund Class A Shares Contractual 0.79% September 30, 2015 December 31, 2016 Class C Shares Contractual 1.54% September 30, 2015 December 31, 2016 Class R5 Shares Contractual 0.54% September 30, 2015 December 31, 2016 Class Y Shares Contractual 0.54% September 30, 2015 December 31, 2016 Invesco Small Cap Discovery Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Strategic Real Return Fund Class A Shares Contractual 0.82% less net AFFE* April 30, 2014 December 31, 2016 Class C Shares Contractual 1.57% less net AFFE* April 30, 2014 December 31, 2016 Class R Shares Contractual 1.07% less net AFFE* April 30, 2014 December 31, 2016 Class R5 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2016 Class R6 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2016 Class Y Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2016
See page 17 for footnotes to Exhibit A. 4 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, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Invesco Diversified Dividend Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2013 June 30, 2016 Invesco Summit Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class P Shares Contractual 1.85% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016
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, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco Global Core Equity Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2016 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2016 Invesco International Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016
See page 17 for footnotes to Exhibit A. 5
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Small Cap Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016
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 1.75% less net AFFE* October 14, 2014 April 30, 2017 Class C Shares Contractual 2.50% less net AFFE* October 14, 2014 April 30, 2017 Class R Shares Contractual 2.00% less net AFFE* October 14, 2014 April 30, 2017 Class R5 Shares Contractual 1.50% less net AFFE* October 14, 2014 April 30, 2017 Class R6 Shares Contractual 1.50% less net AFFE* October 14, 2014 April 30, 2017 Class Y Shares Contractual 1.50% less net AFFE* October 14, 2014 April 30, 2017 Invesco Balanced-Risk Retirement 2020 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2017 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2017 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2017 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2017 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2017 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2017 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2017 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2017 Invesco Balanced-Risk Retirement 2030 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2017 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2017 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2017 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2017 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2017 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2017 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2017 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2017 Invesco Balanced-Risk Retirement 2040 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2017 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2017 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2017 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2017 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2017 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2017 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2017 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2017
See page 17 for footnotes to Exhibit A. 6
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Balanced-Risk Retirement 2050 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2017 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2017 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2017 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2017 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2017 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2017 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2017 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2017 Invesco Balanced-Risk Retirement Now Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2017 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2017 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2017 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2017 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2017 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2017 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2017 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2017 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2017 Invesco Conservative Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Convertible Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Global Low Volatility Equity Yield Fund Class A Shares Contractual 1.46% May 1, 2015 April 30, 2016 Class B Shares Contractual 2.21% May 1, 2015 April 30, 2016 Class C Shares Contractual 2.21% May 1, 2015 April 30, 2016 Class R Shares Contractual 1.71% May 1, 2015 April 30, 2016 Class R5 Shares Contractual 1.21% May 1, 2015 April 30, 2016 Class Y Shares Contractual 1.21% May 1, 2015 April 30, 2016 Invesco Growth Allocation Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class S Shares Contractual 1.90% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016
See page 17 for footnotes to Exhibit A 7
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ -------------- Invesco Income Allocation Fund Class A Shares Contractual 0.25% May 1, 2012 April 30, 2017 Class B Shares Contractual 1.00% May 1, 2012 April 30, 2017 Class C Shares Contractual 1.00% May 1, 2012 April 30, 2017 Class R Shares Contractual 0.50% May 1, 2012 April 30, 2017 Class R5 Shares Contractual 0.00% May 1, 2012 April 30, 2017 Class Y Shares Contractual 0.00% May 1, 2012 April 30, 2017 Invesco International Allocation Fund Class A Shares Contractual 2.25% May 1, 2012 June 30, 2016 Class B Shares Contractual 3.00% May 1, 2012 June 30, 2016 Class C Shares Contractual 3.00% May 1, 2012 June 30, 2016 Class R Shares Contractual 2.50% May 1, 2012 June 30, 2016 Class R5 Shares Contractual 2.00% May 1, 2012 June 30, 2016 Class Y Shares Contractual 2.00% May 1, 2012 June 30, 2016 Invesco Mid Cap Core Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Invesco Moderate Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Multi-Asset Inflation Fund Class A Shares Contractual 1.36% less net AFFE* October 14, 2014 April 30, 2017 Class C Shares Contractual 2.11% less net AFFE* October 14, 2014 April 30, 2017 Class R Shares Contractual 1.61% less net AFFE* October 14, 2014 April 30, 2017 Class R5 Shares Contractual 1.11% less net AFFE* October 14, 2014 April 30, 2017 Class R6 Shares Contractual 1.11% less net AFFE* October 14, 2014 April 30, 2017 Class Y Shares Contractual 1.11% less net AFFE* October 14, 2014 April 30, 2017 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco U.S. Mortgage Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016
See page 17 for footnotes to Exhibit A 8 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, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco European Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2016 Invesco Global Growth Fund Class A Shares Contractual 1.31% October 1, 2015 February 28, 2017 Class B Shares Contractual 2.06% October 1, 2015 February 28, 2017 Class C Shares Contractual 2.06% October 1, 2015 February 28, 2017 Class R5 Shares Contractual 1.06% October 1, 2015 February 28, 2017 Class R6 Shares Contractual 1.06% October 1, 2015 February 28, 2017 Class Y Shares Contractual 1.06% October 1, 2015 February 28, 2017 Invesco Global Opportunities Fund Class A Shares Contractual 1.36% August 1, 2012 February 28, 2017 Class C Shares Contractual 2.11% August 1, 2012 February 28, 2017 Class R Shares Contractual 1.61% August 1, 2012 February 28, 2017 Class R5 Shares Contractual 1.11% August 1, 2012 February 28, 2017 Class R6 Shares Contractual 1.11% September 24, 2012 February 28, 2017 Class Y Shares Contractual 1.11% August 1, 2012 February 28, 2017 Invesco Global Small & Mid Cap Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco International Companies Fund Class A Shares Contractual 1.33% December 21, 2015 February 28, 2017 Class C Shares Contractual 2.08% December 21, 2015 February 28, 2017 Class R Shares Contractual 1.58% December 21, 2015 February 28, 2017 Class R5 Shares Contractual 1.08% December 21, 2015 February 28, 2017 Class R6 Shares Contractual 1.08% December 21, 2015 February 28, 2017 Class Y Shares Contractual 1.08% December 21, 2015 February 28, 2017 Invesco International Core Equity Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2016
See page 17 for footnotes to Exhibit A 9
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco International Growth Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2016 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 2.00% July 1, 2013 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2016 Invesco Select Opportunities Fund Class A Shares Contractual 1.51% August 1, 2012 February 28, 2017 Class C Shares Contractual 2.26% August 1, 2012 February 28, 2017 Class R Shares Contractual 1.76% August 1, 2012 February 28, 2017 Class R5 Shares Contractual 1.26% August 1, 2012 February 28, 2017 Class R6 Shares Contractual 1.26% September 24, 2012 February 28, 2017 Class Y Shares Contractual 1.26% August 1, 2012 February 28, 2017
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 February 28, 2017 Class C Shares Contractual 2.37% December 17, 2013 February 28, 2017 Class R Shares Contractual 1.87% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.37% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.37% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.37% December 17, 2013 February 28, 2017 Invesco Balanced-Risk Allocation Fund/3/ Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Balanced-Risk Commodity Strategy Fund/4/ Class A Shares Contractual 2.00% July 1, 2014 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2014 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2014 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2014 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2014 June 30, 2016 Class R6 Shares Contractual 1.75% July 1, 2014 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2014 June 30, 2016 Invesco Developing Markets Fund Class A Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2016
See page 17 for footnotes to Exhibit A 10
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ --------------------- ------------------ ----------------- Invesco Emerging Markets Equity Fund Class A Shares Contractual 1.85% May 11, 2011 February 28, 2017 Class C Shares Contractual 2.60% May 11, 2011 February 28, 2017 Class R Shares Contractual 2.10% May 11, 2011 February 28, 2017 Class R5 Shares Contractual 1.60% May 11, 2011 February 28, 2017 Class R6 Shares Contractual 1.60% September 24, 2012 February 28, 2017 Class Y Shares Contractual 1.60% May 11, 2011 February 28, 2017 Invesco Emerging Market Local Currency Debt Fund Class A Shares Contractual 1.24% June 14, 2010 February 28, 2017 Class B Shares Contractual 1.99% June 14, 2010 February 28, 2017 Class C Shares Contractual 1.99% June 14, 2010 February 28, 2017 Class R Shares Contractual 1.49% June 14, 2010 February 28, 2017 Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2017 Class R5 Shares Contractual 0.99% June 14, 2010 February 28, 2017 Class R6 Shares Contractual 0.99% September 24, 2012 February 28, 2017 Invesco Endeavor Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Invesco Global Health Care Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2016 Invesco Global Infrastructure Fund Class A Shares Contractual 1.40% May 2, 2014 February 28, 2017 Class C Shares Contractual 2.15% May 2, 2014 February 28, 2017 Class R Shares Contractual 1.65% May 2, 2014 February 28, 2017 Class Y Shares Contractual 1.15% May 2, 2014 February 28, 2017 Class R5 Shares Contractual 1.15% May 2, 2014 February 28, 2017 Class R6 Shares Contractual 1.15% May 2, 2014 February 28, 2017 Invesco Global Markets Strategy Fund/5/ Class A Shares Contractual 1.80% less net AFFE* December 17, 2013 February 29, 2016 Class C Shares Contractual 2.55% less net AFFE* December 17, 2013 February 29, 2016 Class R Shares Contractual 2.05% less net AFFE* December 17, 2013 February 29, 2016 Class R5 Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Class R6 Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Class Y Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Invesco Global Markets Strategy Fund/5/ Class A Shares Contractual 1.65% March 1, 2016 February 28, 2017 Class C Shares Contractual 2.40% March 1, 2016 February 28, 2017 Class R Shares Contractual 1.90% March 1, 2016 February 28, 2017 Class R5 Shares Contractual 1.40% March 1, 2016 February 28, 2017 Class R6 Shares Contractual 1.40% March 1, 2016 February 28, 2017 Class Y Shares Contractual 1.40% March 1, 2016 February 28, 2017
See page 17 for footnotes to Exhibit A 11
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ --------------------- ------------------ ----------------- Invesco Global Market Neutral Fund Class A Shares Contractual 1.62% December 17, 2013 February 28, 2017 Class C Shares Contractual 2.37% December 17, 2013 February 28, 2017 Class R Shares Contractual 1.87% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.37% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.37% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.37% December 17, 2013 February 28, 2017 Invesco Global Targeted Returns Fund/6/ Class A Shares Contractual 1.80% less net AFFE* December 17, 2013 February 29, 2016 Class C Shares Contractual 2.55% less net AFFE* December 17, 2013 February 29, 2016 Class R Shares Contractual 2.05% less net AFFE* December 17, 2013 February 29, 2016 Class R5 Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Class R6 Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Class Y Shares Contractual 1.55% less net AFFE* December 17, 2013 February 29, 2016 Invesco Global Targeted Returns Fund/6/ Class A Shares Contractual 1.65% March 1, 2016 February 28, 2017 Class C Shares Contractual 2.40% March 1, 2016 February 28, 2017 Class R Shares Contractual 1.90% March 1, 2016 February 28, 2017 Class R5 Shares Contractual 1.40% March 1, 2016 February 28, 2017 Class R6 Shares Contractual 1.40% March 1, 2016 February 28, 2017 Class Y Shares Contractual 1.40% March 1, 2016 February 28, 2017 Invesco Greater China Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco International Total Return Fund Class A Shares Contractual 1.10% March 31, 2006 February 28, 2017 Class B Shares Contractual 1.85% March 31, 2006 February 28, 2017 Class C Shares Contractual 1.85% March 31, 2006 February 28, 2017 Class R5 Shares Contractual 0.85% October 3, 2008 February 28, 2017 Class R6 Shares Contractual 0.85% September 24, 2012 February 28, 2017 Class Y Shares Contractual 0.85% March 31, 2006 February 28, 2017 Invesco Long/Short Equity Fund Class A Shares Contractual 1.87% December 17, 2013 February 28, 2017 Class C Shares Contractual 2.62% December 17, 2013 February 28, 2017 Class R Shares Contractual 2.12% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.62% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.62% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.62% December 17, 2013 February 28, 2017 Invesco Low Volatility Emerging Markets Fund Class A Shares Contractual 1.72% December 17, 2013 February 28, 2017 Class C Shares Contractual 2.47% December 17, 2013 February 28, 2017 Class R Shares Contractual 1.97% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.47% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.47% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.47% December 17, 2013 February 28, 2017 Invesco MLP Fund Class A Shares Contractual 1.50% August 29, 2014 February 28, 2017 Class C Shares Contractual 2.25% August 29, 2014 February 28, 2017 Class R Shares Contractual 1.75% August 29, 2014 February 28, 2017 Class R5 Shares Contractual 1.25% August 29, 2014 February 28, 2017 Class R6 Shares Contractual 1.25% August 29, 2014 February 28, 2017 Class Y Shares Contractual 1.25% August 29, 2014 February 28, 2017
See page 17 for footnotes to Exhibit A 12
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ --------------------- ----------------- ----------------- Invesco Macro International Equity Fund Class A Shares Contractual 1.43% December 17, 2013 February 28, 2017 Class C Shares Contractual 2.18% December 17, 2013 February 28, 2017 Class R Shares Contractual 1.68% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.18% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.18% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.18% December 17, 2013 February 28, 2017 Invesco Macro Long/Short Fund Class A Shares Contractual 1.87% December 17, 2013 February 28, 2017 Class C Shares Contractual 2.62% December 17, 2013 February 28, 2017 Class R Shares Contractual 2.12% December 17, 2013 February 28, 2017 Class R5 Shares Contractual 1.62% December 17, 2013 February 28, 2017 Class R6 Shares Contractual 1.62% December 17, 2013 February 28, 2017 Class Y Shares Contractual 1.62% December 17, 2013 February 28, 2017 Invesco Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2012 June 30. 2016 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2016 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.50% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2016 Invesco Premium Income Fund Class A Shares Contractual 1.05% March 1, 2015 February 28, 2017 Class C Shares Contractual 1.80% March 1, 2015 February 28, 2017 Class R Shares Contractual 1.30% March 1, 2015 February 28, 2017 Class R5 Shares Contractual 0.80% March 1, 2015 February 28, 2017 Class R6 Shares Contractual 0.80% March 1, 2015 February 28, 2017 Class Y Shares Contractual 0.80% March 1, 2015 February 28, 2017 Invesco Select Companies Fund Class A Shares Contractual 2.00% July 1, 2009 June 30. 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Invesco Strategic Income Fund Class A Shares Contractual 0.85% less net AFFE* May 2, 2014 February 28, 2017 Class C Shares Contractual 1.60% less net AFFE* May 2, 2014 February 28, 2017 Class R Shares Contractual 1.10% less net AFFE* May 2, 2014 February 28, 2017 Class Y Shares Contractual 0.60% less net AFFE* May 2, 2014 February 28, 2017 Class R5 Shares Contractual 0.60% less net AFFE* May 2, 2014 February 28, 2017 Class R6 Shares Contractual 0.60% less net AFFE* May 2, 2014 February 28, 2017 Invesco Unconstrained Bond Fund Class A Shares Contractual 1.04% less net AFFE* October 14, 2014 February 28, 2017 Class C Shares Contractual 1.79% less net AFFE* October 14, 2014 February 28, 2017 Class R Shares Contractual 1.29% less net AFFE* October 14, 2014 February 28, 2017 Class Y Shares Contractual 0.79% less net AFFE* October 14, 2014 February 28, 2017 Class R5 Shares Contractual 0.79% less net AFFE* October 14, 2014 February 28, 2017 Class R6 Shares Contractual 0.79% less net AFFE* October 14, 2014 February 28, 2017
See page 17 for footnotes to Exhibit A. 13 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, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Global Real Estate Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Invesco High Yield Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2016 Investor Class Shares Contractual 1.50% July 1, 2013 June 30, 2016 Invesco Limited Maturity Treasury Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class A2 Shares Contractual 1.40% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Short Duration Inflation Protected Fund Class A Shares Contractual 0.55% December 31, 2015 December 31, 2016 Class A2 Shares Contractual 0.45% December 31, 2015 December 31, 2016 Class R5 Shares Contractual 0.30% December 31, 2015 December 31, 2016 Class R6 Shares Contractual 0.30% December 31, 2015 December 31, 2016 Class Y Shares Contractual 0.30% December 31, 2015 December 31, 2016 Invesco Real Estate Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2016 Invesco Short Term Bond Fund Class A Shares Contractual 1.40% July 1, 2013 June 30, 2016 Class C Shares Contractual 1.75%/2/ July 1, 2013 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2016
See page 17 for footnotes to Exhibit A. 14
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco U.S. Government Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2016
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, 2016 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2016 Invesco Comstock Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Energy Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco Dividend Income Fund Class A Shares Contractual 1.14% September 1, 2014 August 31, 2016 Class B Shares Contractual 1.89% September 1, 2014 August 31, 2016 Class C Shares Contractual 1.89% September 1, 2014 August 31, 2016 Class R5 Shares Contractual 0.89% September 1, 2014 August 31, 2016 Class R6 Shares Contractual 0.89% September 1, 2014 August 31, 2016 Class Y Shares Contractual 0.89% September 1, 2014 August 31, 2016 Investor Class Shares Contractual 1.14% September 1, 2014 August 31, 2016 Invesco Gold & Precious Metals Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2016 Invesco Mid Cap Growth Fund Class A Shares Contractual 2.00% August 1, 2015 June 30, 2016 Class B Shares Contractual 2.75% August 1, 2015 June 30, 2016 Class C Shares Contractual 2.75% August 1, 2015 June 30, 2016 Class R Shares Contractual 2.25% August 1, 2015 June 30, 2016 Class R5 Shares Contractual 1.75% August 1, 2015 June 30, 2016 Class R6 Shares Contractual 1.75% August 1, 2015 June 30, 2016 Class Y Shares Contractual 1.75% August 1, 2015 June 30, 2016
See page 17 for footnotes to Exhibit A. 15
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Small Cap Value Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco Technology Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2016 Invesco Technology Sector Fund Class A Shares Contractual 2.00% February 12, 2010 June 30, 2016 Class B Shares Contractual 2.75% February 12, 2010 June 30, 2016 Class C Shares Contractual 2.75% February 12, 2010 June 30, 2016 Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2016 Invesco Value Opportunities Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2016 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2016
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, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Intermediate Term Municipal Income Fund Class A Shares Contractual 0.80% July 1, 2013 June 30, 2016 Class B Shares Contractual 1.55% July 1, 2013 June 30, 2016 Class C Shares Contractual 1.55% July 1, 2013 June 30, 2016 Class Y Shares Contractual 0.55% July 1, 2013 June 30, 2016 Invesco Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2016 Investor Class Contractual 1.50% July 15, 2013 June 30, 2016 Invesco New York Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016 Invesco Limited Term Municiipal Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2016 Class A2 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class C Shares Contractual 2.25% June 30, 2013 June 30, 2016 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2016 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2016
See page 17 for footnotes to Exhibit A. 16 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 December 31, 2016
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 29, 2016
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. /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. 17 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, 2016 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2016 Government TaxAdvantage Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2016 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.39%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2016 Liquid Assets Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2016 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.34% July 1, 2009 December 31, 2016 STIC Prime Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2016 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2016 Tax-Free Cash Reserve Portfolio/3/ Cash Management Class Contractual 0.33%/2/ July 1, 2009 December 31, 2016 Corporate Class Contractual 0.28% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.25% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.80%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.50%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.12%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.41%/2/ July 1, 2009 December 31, 2016 Treasury Portfolio Cash Management Class Contractual 0.22%/2/ July 1, 2009 December 31, 2016 Corporate Class Contractual 0.17% July 1, 2009 December 31, 2016 Institutional Class Contractual 0.14% July 1, 2009 December 31, 2016 Personal Investment Class Contractual 0.69%/2/ July 1, 2009 December 31, 2016 Private Investment Class Contractual 0.44%/2/ July 1, 2009 December 31, 2016 Reserve Class Contractual 1.01%/2/ July 1, 2009 December 31, 2016 Resource Class Contractual 0.30%/2/ July 1, 2009 December 31, 2016
/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. 18 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, 2016 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2016 Invesco V.I. American Value Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2016 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2016 Invesco V.I. Balanced-Risk Allocation Fund/1/ Series I Shares Contractual 0.80% less net AFFE* May 1, 2014 April 30, 2017 Series II Shares Contractual 1.05% less net AFFE* May 1, 2014 April 30, 2017 Invesco V.I. Comstock Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2017 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2017 Invesco V.I. Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Core Plus Bond Fund Series I Shares Contractual 0.61% April 30, 2015 April 30, 2017 Series II Shares Contractual 0.86% April 30, 2015 April 30, 2017 Invesco V.I. Diversified Dividend Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Equally-Weighted S&P 500 Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2016 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2016 Invesco V.I. Equity and Income Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2016 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2016 Invesco V.I. Global Core Equity Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2016 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2016 Invesco V.I. Global Health Care Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Global Real Estate Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016
/1/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund IV, Ltd. 19
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, 2016 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2016 Invesco V.I. Growth and Income Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2017 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2017 Invesco V.I. High Yield Fund Series I Shares Contractual 1.50% May 1, 2014 June 30, 2016 Series II Shares Contractual 1.75% May 1, 2014 June 30, 2016 Invesco V.I. International Growth Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2016 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2016 Invesco V.I. Managed Volatility Fund Series I Shares Contractual 2.00% May 1, 2015 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2015 June 30, 2016 Invesco V.I. Mid Cap Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Mid Cap Growth Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2016 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2016 Invesco V.I. Money Market Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2016 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2016 Invesco V.I. S&P 500 Index Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2016 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2016 Invesco V.I. Small Cap Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Technology Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016 Invesco V.I. Value Opportunities Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2016 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2016
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. 20 EXHIBIT "D" - CLOSED-END FUNDS INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF COMMITMENT FUND VOLUNTARY LIMITATION CURRENT LIMIT END DATE ---- ------------ ---------- ----------------- ---------- Invesco California Value Municipal Income Trust Voluntary 0.73% July 1, 2015 N/A
INVESCO MUNICIPAL OPPORTUNITY TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF COMMITMENT FUND VOLUNTARY LIMITATION CURRENT LIMIT END DATE ---- ------------ ---------- ----------------- ---------- Invesco Municipal Opportunity Trust Voluntary 0.89% November 1, 2014 N/A
INVESCO QUALITY MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF COMMITMENT FUND VOLUNTARY LIMITATION CURRENT LIMIT END DATE ---- ------------ ---------- ----------------- ---------- Invesco Quality Municipal Income Trust Voluntary 0.50% October 15, 2012 N/A
INVESCO TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF COMMITMENT FUND VOLUNTARY LIMITATION CURRENT LIMIT END DATE ---- ------------ ---------- ----------------- ---------- Invesco Trust for Investment Grade New York Municipals Voluntary 0.69% August 27, 2012 N/A
21 EX-99.77Q3 4 d130034dex9977q3.txt EX-99.77Q3 INVESCO EUROPEAN SMALL COMPANY 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: 12/31/2015 FILE NUMBER : 811-1540 SERIES NO.: 18 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 2,906 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 22 Class C $ 354 Class Y $ 3,959 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.1864 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.1181 Class C $0.1181 Class Y $0.2087 74U. 1 Number of shares outstanding (000's Omitted) Class A 16,386 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 192 Class C 3,108 Class Y 20,414 74V. 1 Net asset value per share (to nearest cent) Class A $ 12.55 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 11.76 Class C $ 11.78 Class Y $ 12.60
INVESCO INTERNATIONAL SMALL COMPANY 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: 12/31/2015 FILE NUMBER : 811-1540 SERIES NO.: 19 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 1,374 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 6 Class C $ 78 Class Y $ 995 Class R5 $ 390 Class R6 $ 738 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.1881 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0663 Class C $0.0663 Class Y $0.2314 Class R5 $0.2513 Class R6 $0.2678 74U. 1 Number of shares outstanding (000's Omitted) Class A 7,738 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 103 Class C 1,227 Class Y 3,920 Class R5 1,622 Class R6 2,489 74V. 1 Net asset value per share (to nearest cent) Class A $ 15.42 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 14.75 Class C $ 14.76 Class Y $ 15.43 Class R5 $ 15.30 Class R6 $ 15.30
INVESCO SMALL CAP EQUITY FUND SUB-ITEM 77Q3 DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 74U AND 74V. FOR PERIOD ENDING: 12/31/2015 FILE NUMBER : 811-1540 SERIES NO.: 21 74U. 1 Number of shares outstanding (000's Omitted) Class A 40,451 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 462 Class C 5,306 Class R 6,427 Class Y 28,074 Class R5 10,503 Class R6 6,369 74V. 1 Net asset value per share (to nearest cent) Class A $ 13.43 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 11.23 Class C $ 11.22 Class R $ 12.77 Class Y $ 13.76 Class R5 $ 14.52 Class R6 $ 14.57
INVESCO GLOBAL CORE EQUITY 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: 12/31/2015 FILE NUMBER : 811-1540 SERIES NO.: 23 72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 5,722 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 25 Class C $ 107 Class R $ 5 Class Y $ 175 Class R5 $ 2 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.0926 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0142 Class C $0.0142 Class R $0.0669 Class Y $0.1230 Class R5 $0.1381 74U. 1 Number of shares outstanding (000's Omitted) Class A 62,077 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 1,728 Class C 7,529 Class R 79 Class Y 1,396 Class R5 14 74V. 1 Net asset value per share (to nearest cent) Class A $ 13.19 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 12.57 Class C $ 12.60 Class R $ 13.18 Class Y $ 13.18 Class R5 $ 13.35