0000950123-11-041514.txt : 20110429
0000950123-11-041514.hdr.sgml : 20110429
20110429103924
ACCESSION NUMBER: 0000950123-11-041514
CONFORMED SUBMISSION TYPE: NSAR-BT
PUBLIC DOCUMENT COUNT: 4
CONFORMED PERIOD OF REPORT: 20110228
FILED AS OF DATE: 20110429
DATE AS OF CHANGE: 20110429
EFFECTIVENESS DATE: 20110429
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Invesco Municipal Premium Income Trust
CENTRAL INDEX KEY: 0000842891
IRS NUMBER: 133498050
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0531
FILING VALUES:
FORM TYPE: NSAR-BT
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-05688
FILM NUMBER: 11791615
BUSINESS ADDRESS:
STREET 1: 1555 PEACHTREE STREET, N.E.
STREET 2: SUITE 1800
CITY: ATLANTA
STATE: 2Q
ZIP: 30309
BUSINESS PHONE: 404-439-3217
MAIL ADDRESS:
STREET 1: 1555 PEACHTREE STREET, N.E.
STREET 2: SUITE 1800
CITY: ATLANTA
STATE: 2Q
ZIP: 30309
FORMER COMPANY:
FORMER CONFORMED NAME: MORGAN STANLEY MUNICIPAL PREMIUM INCOME TRUST
DATE OF NAME CHANGE: 20011220
FORMER COMPANY:
FORMER CONFORMED NAME: MORGAN STANLEY DEAN WITTER MUNICIPAL PREMIUM INCOME TRUST
DATE OF NAME CHANGE: 19981221
FORMER COMPANY:
FORMER CONFORMED NAME: MUNICIPAL PREMIUM INCOME TRUST/MA
DATE OF NAME CHANGE: 19930721
NSAR-BT
1
answer.fil
NSAR-BT
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PAGE 2
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008 B000007 S
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008 D010007 Tokyo
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PAGE 3
022 A000002 PIPER JAFFRAY & CO.
022 B000002 41-0953246
022 C000002 6200
022 D000002 3500
022 A000003 CITIGROUP GLOBAL MARKETS INC.
022 B000003 11-2418191
022 C000003 3909
022 D000003 2661
022 A000004 BANC OF AMERICA SECURITIES LLC
022 B000004 56-2058405
022 C000004 485
022 D000004 4200
022 A000005 BARCLAYS CAPITAL INC.
022 B000005 06-1031656
022 C000005 2276
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022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 1038
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022 A000007 RBC CAPITAL MARKETS CORP.
022 B000007 13-5033225
022 C000007 973
022 D000007 487
022 A000008 B.C. ZIEGLER AND COMPANIES
022 B000008 39-0727640
022 C000008 0
022 D000008 1385
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PAGE 5
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PAGE 6
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PAGE 7
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PAGE 8
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PAGE 9
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SIGNATURE KELLI GALLEGOS
TITLE ASSISTANT VP AND ASSISTANT TREASURER
EX-99.77B ACCT LTTR
2
h81563ex77b.txt
EXHIBIT 77B
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Trustees and Shareholders of Invesco Municipal Premium Income
Trust:
In planning and performing our audits of the financial statements of Invesco
Municipal Premium Income Trust (hereafter referred to as the "Trust") as of and
for the period ended February 28, 2011, in accordance with the standards of the
Public Company Accounting Oversight Board (United States), we considered the
Trust's 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 Trust's internal control over financial
reporting. Accordingly, we do not express an opinion on the effectiveness of the
Trust's internal control over financial reporting.
The management of the Trust 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 Trust'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 company'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 company; (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 company are
being made only in accordance with authorizations of management and trustees of
the Trust; and (3) provide reasonable assurance regarding prevention or timely
detection of unauthorized acquisition, use or disposition of a company'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
Trust's annual or interim financial statements will not be prevented or detected
on a timely basis.
Our consideration of the Trust's 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 Trust's 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 February 28, 2011.
This report is intended solely for the information and use of management and the
Board of Trustees of the Trust and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other than these specified
parties.
PricewaterhouseCoopers LLP
Houston, TX
April 21, 2011
EX-99.77E LEGAL
3
h81563ex77e.txt
EXHIBIT 77E
SUB-ITEM 77E
INVESCO MUNICIPAL PREMIUM INCOME TRUST
LEGAL PROCEEDINGS
SETTLED REGULATORY ENFORCEMENT ACTIONS AND INVESTIGATIONS RELATED TO MARKET
TIMING
On October 8, 2004, Invesco Advisers, Inc. (Invesco), successor by merger
to Invesco Aim Advisors, Inc. and INVESCO Funds Group, Inc. (IFG), both former
investment advisers, along with Invesco Aim Distributors, n/k/a Invesco
Distributors, Inc. (Invesco Distributors) reached final settlements with certain
regulators, including the Securities and Exchange Commission (SEC), the New York
Attorney General and the Colorado Attorney General, to resolve civil enforcement
actions and/or investigations related to market timing and related activity in
the AIM Funds (n/k/a the Invesco Funds), including those formerly advised by
IFG. As part of the settlements, a $325 million fair fund ($110 million of which
is civil penalties) was created to compensate shareholders harmed by market
timing and related activity in funds formerly advised by IFG. Additionally,
Invesco and Invesco Distributors created a $50 million fair fund ($30 million of
which is civil penalties) to compensate shareholders harmed by market timing and
related activity in funds advised by Invesco, which was done pursuant to the
terms of the settlement. The methodology of the fair funds distributions was
determined by Invesco's independent distribution consultant (IDC Plan), in
consultation with Invesco and the independent trustees of the Invesco Funds, and
approved by the SEC on May 23, 2008.
The IDC Plan provides for distribution to all eligible investors for the
periods spanning January 1, 2000 through July 31, 2003 (for the IFG Fair Fund)
and January 1, 2001 through September 30, 2003 (for the AIM Fair Fund), their
proportionate share of the applicable Fair Fund to compensate such investors for
injury they may have suffered as a result of market timing in the affected
funds. The IDC Plan includes a provision for any residual amounts in the Fair
Funds to be distributed in the future to the affected funds. Further details
regarding the IDC Plan and distributions thereunder are available on Invesco's
Web site, available at http://www.invesco.com/us.
PENDING REGULATORY ACTION ALLEGING MARKET TIMING
On August 30, 2005, the West Virginia Office of the State Auditor -
Securities Commission (WVASC) issued a Summary Order to Cease and Desist and
Notice of Right to Hearing to Invesco and Invesco Distributors (Order No.
05-1318). The WVASC makes findings of fact that Invesco and Invesco Distributors
entered into certain arrangements permitting market timing of the Invesco Funds
and failed to disclose these arrangements in the prospectuses for such Funds,
and conclusions of law to the effect that Invesco and Invesco Distributors
violated the West Virginia securities laws. The WVASC orders Invesco and Invesco
Distributors to cease any further violations and seeks to impose monetary
sanctions, including restitution to affected investors, disgorgement of fees,
reimbursement of investigatory, administrative and legal costs and an
"administrative assessment," to be determined by the Commissioner. Initial
research indicates that these damages could be limited or capped by statute. By
agreement with the Commissioner of Securities, Invesco's time to respond to that
Order has been indefinitely suspended.
PRIVATE CIVIL ACTIONS ALLEGING MARKET TIMING
Multiple civil lawsuits, including purported class action and shareholder
derivative suits, were filed against various parties (including, depending on
the lawsuit, certain Invesco Funds, IFG, Invesco, Invesco Aim Management Group,
Inc., n/k/a Invesco Management Group, Inc. and certain related entities, certain
of their current and former officers and/or certain unrelated third parties)
based on allegations of improper market timing and related activity in the
Invesco Funds. The lawsuits were transferred to the United States District Court
for the District of Maryland (the MDL Court) for consolidated or coordinated
pre-trial proceedings.
1
SUB-ITEM 77E
Pursuant to an Order of the MDL Court, plaintiffs in these lawsuits
consolidated their claims for pre-trial purposes into three amended complaints
against various Invesco - and IFG-related parties, as described below.
o RICHARD LEPERA, INDIVIDUALLY AND ON BEHALF OF ALL OTHERS SIMILARLY
SITUATED (LEAD PLAINTIFF: CITY OF CHICAGO DEFERRED COMPENSATION PLAN), V.
INVESCO FUNDS GROUP, INC., ET AL, in the MDL Court (Case No. 04-MD-15864;
No. 04-CV-00814-JFM) (originally in the United States District Court for
the District of Colorado), filed on September 29, 2004.
o CYNTHIA ESSENMACHER, ET AL., Derivatively on Behalf of the Mutual
Funds, Trusts and Corporations Comprising the Invesco and AIM Family of
Mutual Funds v. AMVESCAP, PLC, ET AL., in the MDL Court (Case No.
04-MD-15864-FPS; No. 04-819), filed on September 29, 2004.
o MIRIAM CALDERON, INDIVIDUALLY AND ON BEHALF OF ALL OTHERS SIMILARLY
SITUATED, V. AVZ, INC., ET AL., in the MDL Court (Case No.
1:04-MD-15864-FPS), filed on September 29, 2004.
On January 5, 2008, the parties reached an agreement in principle to
settle both the Lepera and the Essenmacher lawsuits, subject to the MDL Court
approval.
On December 15, 2008, the parties reached an agreement in principle to
settle the Calderon lawsuit, subject to the MDL Court approval. No payments were
required under the settlement; however, the parties agreed that certain limited
changes to benefit plans and participants' accounts would be made.
The Court approved the settlements on October 21, 2010. There was a brief
period to appeal the Court's approval; however, no appeal was filed. The
payments to affected shareholders were made in January 2011. This concludes
these matters.
OTHER ACTIONS INVOLVING INVESCO MUNICIPAL PREMIUM INCOME TRUST
CURBOW FAMILY LLC, DERIVATIVELY ON BEHALF OF NOMINAL DEFENDANT INVESCO INSURED
MUNICIPAL INCOME TRUST; ELSIE MAE MELMS REVOCABLE LIVING TRUST, DERIVATIVELY ON
BEHALF OF NOMINAL DEFENDANT INVESCO MUNICIPAL PREMIUM INCOME TRUST, PLAINTIFFS
V. MORGAN STANLEY INVESTMENT ADVISORS, INC., JAMES F. HIGGINS, RANDOLPH TAKIAN,
RONALD E. ROBINSON, FRANCIS J. SMITH, CARSTEN OTTO, MARY E. MULLIN, STEFANIE V.
CHANG YU, KEVIN KLINGERT, AMY R. DOBERMAN, DENNIS F. SHEA, NEIL STONE, STEVEN K.
KREIDER AND MORGAN STANLEY, DEFENDANTS, AND INVESCO INSURED MUNICIPAL INCOME
TRUST AND INVESCO MUNICIPAL PREMIUM INCOME TRUST, NOMINAL DEFENDANTS. On January
17, 2011, a Consolidated Amended Shareholder Derivative Complaint was filed in
the Supreme Court of New York, New York County, on behalf of Invesco Insured
Municipal Income Trust and Invesco Municipal Premium Income Trust (the Trusts)
against Morgan Stanley Investment Advisors, Inc., Morgan Stanley and certain
current and former trustees and executive officers of the Trusts (collectively,
the Defendants) alleging that they breached their fiduciary duties to common
shareholders by causing the Trusts to redeem Auction Rate Preferred Securities
("ARPS") at their liquidation value. Specifically, the shareholders claim that
the board and officers had no obligation to provide liquidity to the ARPS
shareholders, the redemptions were improperly motivated to benefit the prior
adviser by preserving business relationships with the ARPS holders, i.e.,
institutional investors, and the market value and fair value of the ARPS were
less than par at the time they were redeemed. The Complaint alleges that the
redemption of the ARPS occurred at the expense of the Trusts and their common
shareholders. This Complaint amends and consolidates two separate complaints
that were filed by Curbow Family LLC and Elsie Mae Melms Revocable Living Trust
on July 22, 2010 and August 3, 2010, respectively. Each of the Trusts initially
received a demand letter from the plaintiffs on April 8, 2010. Plaintiffs seek
judgment that: 1) orders Defendants to refrain from redeeming any ARPS at their
2
SUB-ITEM 77E
liquidation value using Trusts assets; 2) awards monetary damages against all
Defendants, individually, jointly or severally, in favor of the Trusts, for all
losses and damages allegedly suffered as a result of the redemptions of ARPS at
their liquidation value; 3) grants appropriate equitable relief to remedy the
Defendants' breaches of fiduciary duties; and 4) awards to Plaintiffs the costs
and disbursements of the action. The Board has formed a committee to investigate
these claims and make a recommendation to the Board regarding whether
maintenance of these claims is in the best interests of the Trusts. A
Stipulation and Proposed Order for Stay of Litigation was filed on March 9,
2011, and subsequently approved by the Court, moving the due date for responses
to the Complaint to July 29, 2011. Plaintiffs filed a letter with the Court
requesting postponement of a status hearing to August 1, 2011.
At the present time, management of Invesco and the Invesco Funds are unable to
estimate the impact, if any, that the outcome of the Pending Litigation and
Regulatory Inquiries described herein may have on Invesco, Invesco Distributors
or the Invesco Funds.
3
EX-99.77Q1 OTHR EXHB
4
h81563ex77q1.txt
EXHIBIT 77Q1
SUB-ITEM 77 Q 1 (e)
INVESCO MUNICIPAL PREMIUM INCOME TRUST
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 Insured Municipal Income
Trust, Invesco California Quality Municipal Securities, Invesco High Yield
Investments Funds, Inc., Invesco Insured California Municipal Securities,
Invesco Insured Municipal Bond Trust, Invesco Insured Municipal Income Trust,
Invesco Insured Municipal Securities, Invesco Insured Municipal Trust, Invesco
Municipal Income Opportunities Trust, Invesco Municipal Income Opportunities
Trust II, Invesco Municipal Income Opportunities Trust III, Invesco Municipal
Premium Income Trust, Invesco New York Quality Municipal Securities, Invesco
Prime Income Trust, Invesco Quality Municipal Income Trust, Invesco Quality
Municipal Investment Trust, Invesco Quality Municipal Securities 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), the Trusts and
Invesco agree 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; (v) expenses related to a merger or
reorganization, as approved by the Funds' Boards of Trustees; (vi) expenses of
the underlying funds that are paid indirectly as a result of share ownership of
the underlying funds; and (vii) 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. Notwithstanding the foregoing, for Funds
indicated on Exhibits A - D with an asterisk, Invesco will waive its fees or
reimburse expenses to the extent that total annual fund operating expenses after
fee waiver and/or expense reimbursement of a class of a Fund (excluding (i)
interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary
or non-routine items; (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, each of the Trusts and Invesco agree 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
SUB-ITEM 77 Q 1 (e)
limitations will expire upon the Expiration Date unless the Trusts and Invesco
have agreed to continue them. The Exhibits will be amended to reflect any such
agreement.
For the Voluntary Limits (listed in Exhibits A - D), the Trusts and
Invesco agree that these are not contractual in nature and that Invesco may
establish, amend and/or terminate such expense limitations at any time in its
sole discretion after consultation with the Funds' Boards of Trustees. Any delay
or failure by Invesco to update this Memorandum of Agreement with regards to the
terminations, extensions, or expirations of the Voluntary Limits shall have no
effect on the term of such Voluntary Limitations; the Voluntary Limitations are
listed herein for informational purposes only.
It is expressly agreed that the obligations of each Trust hereunder shall
not be binding upon any of the Trustees, shareholders, nominees, officers,
agents or employees of the Trusts personally, but shall only bind the assets and
property of each Fund, as provided in each Trust's Agreement and Declaration of
Trust. The execution and delivery of this Memorandum of Agreement have been
authorized by the Trustees of the Trusts, and this Memorandum of Agreement has
been executed and delivered by an authorized officer of the Trusts acting as
such; neither such authorization by such Trustees nor such execution and
delivery by such officer shall be deemed to have been made by any of them
individually or to impose any liability on any of them personally, but shall
bind only the assets and property of the Funds, as provided in each Trust's
Agreement and Declaration of Trust.
IN WITNESS WHEREOF, each of the Trusts and Invesco have entered into this
Memorandum of Agreement as of the Effective Dates on the attached Exhibits.
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
INVESCO CALIFORNIA QUALITY MUNICIPAL SECURITIES
INVESCO HIGH YIELD INVESTMENT FUNDS, INC.
INVESCO INSURED CALIFORNIA MUNICIPAL SECURITIES
INVESCO INSURED MUNICIPAL BOND TRUST
INVESCO INSURED MUNICIPAL INCOME TRUST
INVESCO INSURED MUNICIPAL SECURITIES
INVESCO INSURED MUNICIPAL TRUST
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST II
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST III
INVESCO MUNICIPAL PREMIUM INCOME TRUST
INVESCO NEW YORK QUALITY MUNICIPAL SECURITIES
INVESCO PRIME INCOME TRUST
INVESCO QUALITY MUNICIPAL INCOME TRUST
INVESCO QUALITY MUNICIPAL INVESTMENT TRUST
INVESCO QUALITY MUNICIPAL SECURITIES
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
2
SUB-ITEM 77 Q 1 (e)
INVESCO ADVISERS, INC.
By: /s/ John M. Zerr
Title: Senior Vice President
3
as of November 29, 2010
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 Balanced Fund*
Class A Shares Contractual 1.10% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.85% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.85% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.85% February 12, 2010 June 30, 2012
Invesco California Tax-Free Income Fund*
Class A Shares Contractual 0.85% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.35% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.35% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.60% February 12, 2010 June 30, 2012
Invesco Core Plus Bond Fund
Class A Shares Contractual 0.90% June 2, 2009 December 31, 2011
Class B Shares Contractual 1.65% June 2, 2009 December 31, 2011
Class C Shares Contractual 1.65% June 2, 2009 December 31, 2011
Class R Shares Contractual 1.15% June 2, 2009 December 31, 2011
Class Y Shares Contractual 0.65% June 2, 2009 December 31, 2011
Institutional Class Shares Contractual 0.65% June 2, 2009 December 31, 2011
Invesco Dividend Growth Securities Fund*
Class A Shares Contractual 0.95% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.70% February 12, 2010 June 30, 2012
Invesco Equally-Weighted S&P 500 Fund*
Class A Shares Contractual 0.75% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.00% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.50% February 12, 2010 June 30, 2012
Invesco Floating Rate Fund
Class A Shares Contractual 1.50% April 14, 2006 December 31, 2011
Class C Shares Contractual 2.00% April 14, 2006 December 31, 2011
Class R Shares Contractual 1.75% April 14, 2006 December 31, 2011
Class Y Shares Contractual 1.25% October 3, 2008 December 31, 2011
Institutional Class Shares Contractual 1.25% April 14, 2006 December 31, 2011
Invesco Fundamental Value Fund*
Class A Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.40% February 12, 2010 June 30, 2012
Invesco Large Cap Relative Value Fund*
Class A Shares Contractual 0.95% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.70% February 12, 2010 June 30, 2012
4
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
----------------------------------------------- ------------ ---------- ----------------- -----------------
See page 21 for footnotes to Exhibit A.
Invesco Multi-Sector Fund
Class A Shares Contractual 2.00% July 1, 2009 December 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 December 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 December 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 December 31, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 December 31, 2011
Invesco New York Tax-Free Income Fund*
Class A Shares Contractual 0.90% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.65% February 12, 2010 June 30, 2012
Invesco S&P 500 Index Fund*
Class A Shares Contractual 0.65% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.40% February 12, 2010 June 30, 2012
Invesco Select Real Estate Income Fund
Class A Shares Contractual 2.00% July 1, 2009 December 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 December 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 December 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 December 31, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 December 31, 2011
Invesco Structured Core Fund
Class A Shares Contractual 1.00% July 1, 2009 December 31, 2011
Class B Shares Contractual 1.75% July 1, 2009 December 31, 2011
Class C Shares Contractual 1.75% July 1, 2009 December 31, 2011
Class R Shares Contractual 1.25% July 1, 2009 December 31, 2011
Class Y Shares Contractual 0.75% July 1, 2009 December 31, 2011
Investor Class Shares Contractual 1.00% July 1, 2009 December 31, 2011
Institutional Class Shares Contractual 0.75% July 1, 2009 December 31, 2011
Invesco Van Kampen American Franchise Fund*
Class A Shares Contractual 1.35% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.10% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.10% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.10% February 12, 2010 June 30, 2012
Invesco Van Kampen Core Equity Fund*
Class A Shares Contractual 1.20% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.95% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.95% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.45% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.95% February 12, 2010 June 30, 2012
Invesco Van Kampen Equity and Income Fund*
Class A Shares Contractual 0.82% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.57% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.57% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.07% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.57% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.57% February 12, 2010 June 30, 2012
5
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
----------------------------------------------- ------------ ---------- ----------------- -----------------
See page 21 for footnotes to Exhibit A.
Invesco Van Kampen Equity Premium Income Fund*
Class A Shares Contractual 1.24% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.99% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.99% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.99% February 12, 2010 June 30, 2012
Invesco Van Kampen Growth and Income Fund*
Class A Shares Contractual 0.88% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.63% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.63% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.13% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.63% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.63% February 12, 2010 June 30, 2012
Invesco Van Kampen Pennsylvania Tax Free
Income Fund*
Class A Shares Contractual 1.13% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.88% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.88% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.88% February 12, 2010 June 30, 2012
Invesco Van Kampen Small Cap Growth Fund*
Class A Shares Contractual 1.38% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.13% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.13% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.13% February 12, 2010 June 30, 2012
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
----------------------------------------------- ------------- ---------- ----------------- -----------------
Invesco Capital Development Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
See page 21 for footnotes to Exhibit A.
Invesco Charter Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class S Shares Contractual 1.90% September 25, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Constellation Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
6
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
----------------------------------------------- ------------- ---------- ----------------- -----------------
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
See page 21 for footnotes to Exhibit A.
Invesco Disciplined Equity Fund
Class Y Shares Contractual 1.75% July 14, 2009 February 28, 2012
Invesco Diversified Dividend Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Large Cap Basic Value Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Large Cap Growth Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Summit Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class P Shares Contractual 1.85% July 1, 2009 February 28, 2012
Class S Shares Contractual 1.90% September 25, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
See page 21 for footnotes to Exhibit A.
7
as of November 29, 2010
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
----------------------------------------------- ------------- ---------- ----------------- --------------
Invesco Basic Balanced Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 April 30, 2012
Invesco European Small Company Fund
Class A Shares
Class B Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class C Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class Y Shares Contractual 3.00% July 1, 2009 April 30, 2012
Contractual 2.00% July 1, 2009 April 30, 2012
Invesco Global Core Equity Fund
Class A Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class B Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class C Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class Y Shares Contractual 2.00% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 April 30, 2012
Invesco International Small Company Fund
Class A Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class B Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class C Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class Y Shares Contractual 2.00% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 April 30, 2012
Invesco Mid Cap Basic Value Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 April 30, 2012
Invesco Select Equity Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Invesco Small Cap Equity Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 April 30, 2012
See page 21 for footnotes to Exhibit A.
8
as of November 29, 2010
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- --------------
Invesco Balanced-Risk Retirement 2010 Fund(3)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contracutal 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
Invesco Balanced-Risk Retirement 2020 Fund(4)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contractual 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
Invesco Balanced-Risk Retirement 2030 Fund(5)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contractual 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
Invesco Balanced-Risk Retirement 2040 Fund(6)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contractual 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
Invesco Balanced-Risk Retirement 2050 Fund(8)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contractual 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
9
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- --------------
See page 21 for footnotes to Exhibit A.
Invesco Balanced-Risk Retirement
Now Fund(2)
Class A Shares Contractual 0.25% November 4, 2009 April 30, 2012
Class A5 Shares Contractual 0.25% February 12, 2010 April 30, 2012
Class B Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C Shares Contractual 1.00% November 4, 2009 April 30, 2012
Class C5 Shares Contractual 1.00% February 12, 2010 April 30, 2012
Class R Shares Contractual 0.50% November 4, 2009 April 30, 2012
Class R5 Shares Contractual 0.50% February 12, 2010 April 30, 2012
Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2012
Institutional Class Shares Contractual 0.00% November 4, 2009 April 30, 2012
Invesco Basic Value Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 APRIL 30, 2012
Invesco Conservative Allocation Fund
Class A Shares Contractual 0.48% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.23% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.23% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.73% July 1, 2009 April 30, 2012
Class S Shares Contractual 0.38% September 25, 2009 April 30, 2012
Class Y Shares Contractual 0.23% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.23% July 1, 2009 April 30, 2012
Invesco Convertible Securities Fund*
Class A Shares Contractual 1.27% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.02% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.02% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.02% February 12, 2010 June 30, 2012
Invesco Global Equity Fund
Class A Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class B Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class C Shares Contractual 3.00% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.50% July 1, 2009 April 30, 2012
Class Y Shares Contractual 2.00% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 April 30, 2012
Invesco Growth Allocation Fund
Class A Shares Contractual 0.46% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.21% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.21% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.71% July 1, 2009 April 30, 2012
Class S Shares Contractual 0.36% September 25, 2009 April 30, 2012
Class Y Shares Contractual 0.21% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.21% July 1, 2009 April 30, 2012
Invesco Income Allocation Fund
Class A Shares Contractual 0.28% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.03% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.03% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.53% July 1, 2009 April 30, 2012
Class Y Shares Contractual 0.03% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.03% July 1, 2009 April 30, 2012
10
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- --------------
See page 21 for footnotes to Exhibit A.
Invesco International Allocation Fund Contractual 0.43% July 1, 2009 April 30, 2012
Class A Shares Contractual 1.18% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.18% July 1, 2009 April 30, 2012
Class C Shares Contractual 0.68% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.18% July 1, 2009 April 30, 2012
Class Y Shares Contractual 0.18% July 1, 2009 April 30, 2012
Institutional Class Shares
Invesco Mid Cap Core Equity Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 April 30, 2012
Invesco Moderate Allocation Fund
Class A Shares Contractual 0.37% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.12% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.12% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.62% July 1, 2009 April 30, 2012
Class S Shares Contractual 0.27% September 25, 2009 April 30, 2012
Class Y Shares Contractual 0.12% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.12% July 1, 2009 April 30, 2012
Invesco Moderate Growth Allocation Fund
Class A Shares Contractual 0.37% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.12% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.12% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.62% July 1, 2009 April 30, 2012
Class Y Shares Contractual 0.12% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.12% July 1, 2009 April 30, 2012
Invesco Moderately Conservative Allocation Fund
Class A Shares Contractual 0.39% July 1, 2009 April 30, 2012
Class B Shares Contractual 1.14% July 1, 2009 April 30, 2012
Class C Shares Contractual 1.14% July 1, 2009 April 30, 2012
Class R Shares Contractual 0.64% July 1, 2009 April 30, 2012
Class Y Shares Contractual 0.14% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 0.14% July 1, 2009 April 30, 2012
Invesco Small Cap Growth Fund
Class A Shares Contractual 2.00% July 1, 2009 April 30, 2012
Class B Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class C Shares Contractual 2.75% July 1, 2009 April 30, 2012
Class R Shares Contractual 2.25% July 1, 2009 April 30, 2012
Class Y Shares Contractual 1.75% July 1, 2009 April 30, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 April 30, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 April 30, 2012
Invesco Van Kampen Asset
Allocation Conservative Fund*
Class A Shares Contractual 0.40% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.15% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
11
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- --------------
Invesco Van Kampen Asset
Allocation Growth Fund*
Class A Shares Contractual 0.40% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.15% February 12, 2010 June 30, 2012
Invesco Van Kampen Asset
Allocation Moderate Fund*
Class A Shares Contractual 0.40% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.15% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.15% February 12, 2010 June 30, 2012
Invesco Van Kampen Harbor Fund*
Class A Shares Contractual 1.11% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.86% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.86% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.86% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.86% February 12, 2010 June 30, 2012
Invesco Van Kampen Leaders Fund* Contractual 0.50% February 12, 2010 June 30, 2012
Class A Shares Contractual 1.25% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.25% February 12, 2010 June 30, 2012
Class C Shares Contractual 0.25% February 12, 2010 June 30, 2012
Class Y Shares
Invesco Van Kampen Real Estate
Securities Fund*
Class A Shares Contractual 1.55% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.30% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.30% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.30% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 1.30% February 12, 2010 June 30, 2012
Invesco Van Kampen U.S. Mortgage Fund*
Class A Shares Contractual 0.96% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.71% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.71% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.71% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.71% February 12, 2010 June 30, 2012
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 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco European Growth Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
12
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Class R Shares Contractual 2.50% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.25% July 1, 2009 February 28, 2012
See page 21 for footnotes to Exhibit A.
Invesco Global Growth Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco Global Small & Mid Cap Growth Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco International Core Equity Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.50% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.25% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco International Growth Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.50% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Invesco Balanced-Risk Allocation Fund(8)
Class A Shares Contractual 1.04% November 4, 2009 February 28, 2012
Class B Shares Contractual 1.79% November 4, 2009 February 28, 2012
Class C Shares Contractual 1.79% November 4, 2009 February 28, 2012
Class R Shares Contractual 1.29% November 4, 2009 February 28, 2012
Class Y Shares Contractual 0.79% November 4, 2009 February 28, 2012
Institutional Class Shares Contractual 0.79% November 4, 2009 February 28, 2012
Invesco Balanced-Risk Commodity
Strategy Fund(9)
Class A Shares Contractual 1.22% November 29, 2010 February 28, 2012
Class B Shares Contractual 1.97% November 29, 2010 February 28, 2012
Class C Shares Contractual 1.97% November 29, 2010 February 28, 2012
Class R Shares Contractual 1.47% November 29, 2010 February 28, 2012
Class Y Shares Contractual 0.97% November 29, 2010 February 28, 2012
Institutional Class Shares Contractual 0.97% November 29, 2010 February 28, 2012
Invesco China Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
13
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
See page 21 for footnotes to Exhibit A.
Invesco Commodities Strategy Fund* Contractual 1.25% February 12, 2010 June 30, 2012
Class A Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.00% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.00% February 12, 2010 June 30, 2012
Institutional Class Shares
Invesco Developing Markets Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco Emerging Market Local
Currency Debt Fund
Class A Shares Contractual 1.24% June 14, 2010 February 28, 2012
Class B Shares Contractual 1.99% June 14, 2010 February 28, 2012
Class C Shares Contractual 1.99% June 14, 2010 February 28, 2012
Class R Shares Contractual 1.49% June 14, 2010 February 28, 2012
Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2012
Institutional Class Shares Contractual 0.99% June 14, 2010 February 28, 2012
Invesco Endeavor Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Global Advantage Fund*
Class A Shares Contractual 1.41% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.16% February 12, 2010 June 30, 2012
Invesco Global Dividend Growth
Securities Fund*
Class A Shares Contractual 1.25% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.00% February 12, 2010 June 30, 2012
Invesco Global Fund
Class A Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class B Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class C Shares Contractual 3.00% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.50% July 1, 2009 February 28, 2012
Class Y Shares Contractual 2.00% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
Invesco Global Health Care Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Investor Class Shares Contractual 2.00% July 1, 2009 February 28, 2012
14
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Invesco Health Sciences Fund*
Class A Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.40% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
Invesco International Total Return Fund
Class A Shares Contractual 1.10% March 31, 2006 February 28, 2012
Class B Shares Contractual 1.85% March 31, 2006 February 28, 2012
Class C Shares Contractual 1.85% March 31, 2006 February 28, 2012
Class Y Shares Contractual 0.85% October 3, 2008 February 28, 2012
Institutional Class Shares Contractual 0.85% March 31, 2006 February 28, 2012
Invesco Japan Fund
Class A Shares Contractual 2.25% March 31, 2006 February 28, 2012
Class B Shares Contractual 3.00% March 31, 2006 February 28, 2012
Class C Shares Contractual 3.00% March 31, 2006 February 28, 2012
Class Y Shares Contractual 2.00% October 3, 2008 February 28, 2012
Institutional Class Shares Contractual 2.00% March 31, 2006 February 28, 2012
Invesco LIBOR Alpha Fund
Class A Shares Contractual 0.85% March 31, 2006 February 28, 2012
Class C Shares Contractual 1.10%(3) March 31, 2006 February 28, 2012
Class R Shares Contractual 1.10% March 31, 2006 February 28, 2012
Class Y Shares Contractual 0.60% October 3, 2008 February 28, 2012
Institutional Class Shares Contractual 0.60% March 31, 2006 February 28, 2012
Invesco Pacific Growth Fund*
Class A Shares Contractual 1.88% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.63% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.63% February 12, 2010 June 30, 2012
Class R Shares Contractual 2.13% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.63% February 12, 2010 June 30, 2012
Invesco Small Companies Fund
Class A Shares Contractual 2.00% July 1, 2009 February 28, 2012
Class B Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012
Class R Shares Contractual 2.25% July 1, 2009 February 28, 2012
Class Y Shares Contractual 1.75% July 1, 2009 February 28, 2012
Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012
Invesco Van Kampen Emerging Markets Fund*
Class A Shares Contractual 2.10% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.85% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.85% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.85% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 1.85% February 12, 2010 June 30, 2012
Invesco Van Kampen Global
Equity Allocation Fund*
Class A Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.45% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.45% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.45% February 12, 2010 June 30, 2012
15
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Invesco Van Kampen Global Franchise Fund*
Class A Shares Contractual 1.28% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.03% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.03% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.03% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
Invesco Van Kampen Global Tactical Asset
Allocation Fund*
Class A Shares Contractual 1.20% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.95% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.95% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.45% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.95% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.95% February 12, 2010 June 30, 2012
Invesco Van Kampen International
Advantage Fund*
Class A Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.40% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.40% February 12, 2010 June 30, 2012
Invesco Van Kampen International
Growth Fund*
Class A Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.15% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.15% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.15% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 1.15% February 12, 2010 June 30, 2012
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -------------
Invesco Core Bond Fund
Class A Shares Contractual 0.80% March 4, 2009 June 30, 2011
Class B Shares Contractual 1.55% March 4, 2009 June 30, 2011
Class C Shares Contractual 1.55% March 4, 2009 June 30, 2011
Class R Shares Contractual 1.05% March 4, 2009 June 30, 2011
Class Y Shares Contractual 0.55% March 4, 2009 June 30, 2011
Institutional Class Shares Contractual 0.55% March 4, 2009 June 30, 2011
Invesco Dynamics Fund
Class A Shares Contractual 2.00% July 1, 2009 June 30, 2011
Class B Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class C Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class R Shares Contractual 2.25% July 1, 2009 June 30, 2011
Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 June 30, 2011
Invesco Global Real Estate Fund
Class A Shares Contractual 2.00% July 1, 2009 June 30, 2011
Class B Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class C Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class R Shares Contractual 2.25% July 1, 2009 June 30, 2011
Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 June 30, 2011
16
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -------------
Invesco High Yield Fund
Class A Shares Contractual 0.99% March 4, 2009 June 30, 2011
Class B Shares Contractual 1.74% March 4, 2009 June 30, 2011
Class C Shares Contractual 1.74% March 4, 2009 June 30, 2011
Class Y Shares Contractual 0.74% March 4, 2009 June 30, 2011
Investor Class Shares Contractual 0.99% March 4, 2009 June 30, 2011
Institutional Class Shares Contractual 0.74% March 4, 2009 June 30, 2011
See page 21 for footnotes to Exhibit A.
Invesco High Yield Securities Fund*
Class A Shares Contractual 2.13% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.63% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.73% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.88% February 12, 2010 June 30, 2012
Invesco Municipal Bond Fund
Class A Shares Contractual 0.57% March 4, 2009 June 30, 2011
Class B Shares Contractual 1.32% March 4, 2009 June 30, 2011
Class C Shares Contractual 1.32% March 4, 2009 June 30, 2011
Class Y Shares Contractual 0.32% March 4, 2009 June 30, 2011
Investor Class Shares Contractual 0.57% March 4, 2009 June 30, 2011
Invesco Real Estate Fund
Class A Shares Contractual 2.00% July 1, 2009 June 30, 2011
Class B Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class C Shares Contractual 2.75% July 1, 2009 June 30, 2011
Class R Shares Contractual 2.25% July 1, 2009 June 30, 2011
Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 June 30, 2011
Invesco Short Term Bond Fund
Class A Shares Contractual 0.66% March 4, 2009 June 30, 2011
Class C Shares Contractual 0.91%(9) March 4, 2009 June 30, 2011
Class R Shares Contractual 0.91% March 4, 2009 June 30, 2011
Class Y Shares Contractual 0.41% March 4, 2009 June 30, 2011
Institutional Class Shares Contractual 0.41% March 4, 2009 June 30, 2011
Invesco Van Kampen Core Plus
Fixed Income Fund*
Class A Shares Contractual 0.75% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.50% February 12, 2010 June 30, 2012
Invesco Van Kampen Corporate Bond Fund*
Class A Shares Contractual 0.95% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.70% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.70% February 12, 2010 June 30, 2012
Invesco Van Kampen Government
Securities Fund*
Class A Shares Contractual 1.03% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.78% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.78% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.78% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.78% February 12, 2010 June 30, 2012
Invesco Van Kampen High Yield Fund*
Class A Shares Contractual 1.03% February 12, 2010 June 30, 2012
17
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -------------
Class B Shares Contractual 1.78% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.78% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.78% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.78% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
Invesco Van Kampen Limited Duration Fund*
Class A Shares Contractual 0.93% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.43% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.43% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.78% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.78% February 12, 2010 June 30, 2012
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- ---------------
Invesco Energy Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 August 31, 2011
Invesco Financial Services Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Invesco Gold & Precious Metals Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Invesco Leisure Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class R Shares Contractual 2.25% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Invesco Mid-Cap Value Fund*
Class A Shares Contractual 1.64% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.39% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.39% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.39% February 12, 2010 June 30, 2012
Invesco Small-Mid Special Value Fund*
Class A Shares Contractual 1.46% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.21% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.21% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.21% February 12, 2010 June 30, 2012
Invesco Special Value Fund*
Class A Shares Contractual 1.34% February 12, 2010 June 30, 2012
18
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- ---------------
Class B Shares Contractual 2.09% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.09% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.09% February 12, 2010 June 30, 2012
Invesco Technology Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 August 31, 2011
See page 21 for footnotes to Exhibit A.
Invesco Technology Sector Fund*
Class A Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.75% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.75% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2012
Invesco U.S. Mid Cap Value Fund*
Class A Shares Contractual 1.27% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.02% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.02% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.02% February 12, 2010 June 30, 2012
Invesco U.S. Small Cap Value Fund*
Class A Shares
Class B Shares Contractual 1.12% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.87% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.87% February 12, 2010 June 30, 2012
Contractual 0.87% February 12, 2010 June 30, 2012
Invesco U.S. Small/Mid Cap Value Fund*
Class A Shares Contractual 1.51% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.26% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.26% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.26% February 12, 2010 June 30, 2012
Invesco Utilities Fund
Class A Shares Contractual 2.00% July 1, 2009 August 31, 2011
Class B Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class C Shares Contractual 2.75% July 1, 2009 August 31, 2011
Class Y Shares Contractual 1.75% July 1, 2009 August 31, 2011
Investor Class Shares Contractual 2.00% July 1, 2009 August 31, 2011
Institutional Class Shares Contractual 1.75% July 1, 2009 August 31, 2011
Invesco Value Fund*
Class A Shares Contractual 1.25% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.00% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.00% February 12, 2010 June 30, 2012
Invesco Value II Fund*
Class A Shares Contractual 1.01% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.76% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.76% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.76% February 12, 2010 June 30, 2012
Invesco Van Kampen American Value Fund*
Class A Shares Contractual 1.41% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.66% February 12, 2010 June 30, 2012
Contractual 1.16% February 12, 2010 June 30, 2012
19
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- ---------------
Class Y Shares Contractual 1.16% February 12, 2010 June 30, 2012
Institutional Class Shares
Invesco Van Kampen Capital Growth Fund*
Class A Shares Contractual 1.28% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.03% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.03% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.53% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.03% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 1.03% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
Invesco Van Kampen Comstock Fund*
Class A Shares Contractual 0.89% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.64% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.64% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.14% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.64% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 0.64% February 12, 2010 June 30, 2012
Invesco Van Kampen Enterprise Fund*
Class A Shares Contractual 1.17% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.92% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.92% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.92% February 12, 2010 June 30, 2012
Invesco Van Kampen Mid Cap Growth Fund*
Class A Shares Contractual 1.40% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.15% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.15% February 12, 2010 June 30, 2012
Class R Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.15% February 12, 2010 June 30, 2012
Institutional Class Shares Contractual 1.15% February 12, 2010 June 30, 2012
Invesco Van Kampen Small Cap Value Fund*
Class A Shares Contractual 1.34% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.09% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.09% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.09% February 12, 2010 June 30, 2012
Invesco Van Kampen Technology Sector Fund*
Class A Shares Contractual 1.95% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.70% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.70% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.70% February 12, 2010 June 30, 2012
Invesco Van Kampen Utility Fund*
Class A Shares Contractual 1.32% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.07% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.07% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.07% February 12, 2010 June 30, 2012
Van Kampen Value Opportunities Fund*
Class A Shares Contractual 1.41% February 12, 2010 June 30, 2012
Class B Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class C Shares Contractual 2.16% February 12, 2010 June 30, 2012
Class Y Shares Contractual 1.16% February 12, 2010 June 30, 2012
20
as of November 29, 2010
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- -------------
Invesco High Income Municipal Fund
Class A Shares Voluntary 0.83% March 4, 2009 N/A10
Class B Shares Voluntary 1.58% March 4, 2009 N/A10
Class C Shares Voluntary 1.58% March 4, 2009 N/A10
Class Y Shares Voluntary 0.58% March 4, 2009 N/A10
Institutional Class Shares Voluntary 0.58% March 4, 2009 N/A10
See page 21 for footnotes to Exhibit A.
Invesco Municipal Fund*
Class A Shares Contractual 0.75% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.50% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.50% February 12, 2010 June 30, 2012
Invesco Tax-Exempt Securities Fund*
Class A Shares Contractual 0.83% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.18% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.28% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.58% February 12, 2010 June 30, 2012
Invesco Van Kampen California Insured
Tax Free Fund*
Class A Shares Contractual 0.95% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.70% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.70% February 12, 2010 June 30, 2012
Invesco Van Kampen High Yield
Municipal Fund*
Class A Shares Contractual 0.87% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.62% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.62% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.62% February 12, 2010 June 30, 2012
Invesco Van Kampen Insured Tax Free
Income Fund*
Class A Shares Contractual 0.90% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.65% February 12, 2010 June 30, 2012
Invesco Van Kampen Intermediate Term
Municipal Income Fund*
Class A Shares Contractual 0.90% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.65% February 12, 2010 June 30, 2012
Invesco Van Kampen Municipal Income Fund*
Class A Shares Contractual 0.90% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.65% February 12, 2010 June 30, 2012
Class Y Shares Contractual 0.65% February 12, 2010 June 30, 2012
Invesco Van Kampen New York Tax Free
Income Fund*
Class A Shares Contractual 0.78% February 12, 2010 June 30, 2012
Class B Shares Contractual 1.53% February 12, 2010 June 30, 2012
Class C Shares Contractual 1.53% February 12, 2010 June 30, 2012
21
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------- ---------- ----------------- -------------
Class Y Shares Contractual 0.53% February 12, 2010 June 30, 2012
See page 21 for footnotes to Exhibit A.
(1) The total operating expenses of any class of shares established after the
date of this Memorandum of Agreement will be limited to the amount
established for Class A Shares plus the difference between the new class
12b-1 rate and the Class A 12b-1 rate.
(2) In addition upon closing of a reorganization with Van Kampen In Retirement,
the Fund's contractual limit through at least June 30, 2012 (excluding only
items included in "notwithstanding" sentence discussed above) will be
0.47%, 1.22%, 0.72% and 0.22% for Class A5, C5, R5 and Y, respectively.
(3) In addition upon closing of a reorganization with Van Kampen 2010
Retirement Strategy and Van Kampen 2015 Retirement Strategy, the Fund's
contractual limit through at least June 30, 2012 (excluding only items
included in "notwithstanding" sentence discussed above) will be 0.38%,
1.13%, 0.63% and 0.13% for Class A5, C5, R5 and Y, respectively.
(4) In addition upon closing of a reorganization with Van Kampen 2020
Retirement Strategy and Van Kampen 2025 Retirement Strategy, the Fund's
contractual limit through at least June 30, 2012 (excluding only items
included in "notwithstanding" sentence discussed above) will be 0.41%,
1.16%, 0.66% and 0.16% for Class A5, C5, R5 and Y, respectively.
(5) In addition upon closing of a reorganization with Van Kampen 30 Retirement
Strategy and Van Kampen 2035 Retirement Strategy, the Fund's contractual
limit through at least June 30, 2012 (excluding only items included in
"notwithstanding" sentence discussed above) will be 0.29%, 1.04%, 0.54% and
0.04% for Class A5, C5, R5 and Y, respectively.
(6) In addition upon closing of a reorganization with Van Kampen 2040
Retirement Strategy and Van Kampen 2045 Retirement Strategy, the Fund's
contractual limit through at least June 30, 2012 (excluding only items
included in "notwithstanding" sentence discussed above) will be 0.28%,
1.03%, 0.53% and 0.03% for Class A5, C5, R5 and Y, respectively.
(7) In addition upon closing of a reorganization with Van Kampen 50 Retirement
Strategy, the Fund's contractual limit through at least June 30, 2012
(excluding only items included in "notwithstanding" sentence discussed
above) will be 0.26%, 1.01%, 0.51% and 0.01% for Class A5, C5, R5 and Y,
respectively.
(8) Includes waived fees or reimbursed expenses that Invesco receives from
Invesco Aim Cayman Commodity Fund I, Ltd.
(9) The expense limit shown is the expense limit after Rule 12b-1 fee waivers
by Invesco Distributors, Inc.
(10) Invesco may establish, amend or terminate voluntary waivers at any time in
its sole discretion after consultation with the Trust.
22
as of November 29, 2010
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, 2011
Corporate Class Contractual 0.17% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.14% July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.69%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 0.44%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 1.01%(2) July 1, 2009 December 31, 2011
Resource Class Contractual 0.30%(2) July 1, 2009 December 31, 2011
Government TaxAdvantage Portfolio
Cash Management Class Contractual 0.22%(2) July 1, 2009 December 31, 2011
Corporate Class Contractual 0.17% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.14% July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.69%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 0.39%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 1.01%(2) July 1, 2009 December 31, 2011
Resource Class Contractual 0.30%(2) July 1, 2009 December 31, 2011
Liquid Assets Portfolio
Cash Management Class Contractual 0.22%(2) July 1, 2009 December 31, 2011
Corporate Class Contractual 0.17% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.14% July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.69%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 0.44%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 1.01%(2) July 1, 2009 December 31, 2011
Resource Class Contractual 0.34% July 1, 2009 December 31, 2011
STIC Prime Portfolio
Cash Management Class Contractual 0.22%(2) July 1, 2009 December 31, 2011
Corporate Class Contractual 0.17% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.14% July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.69%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 0.44%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 1.01%(2) July 1, 2009 December 31, 2011
Resource Class Contractual 0.30%(2) July 1, 2009 December 31, 2011
Tax-Free Cash Reserve Portfolio(3)
Cash Management Class Contractual 0.33%(2) July 1, 2009 December 31, 2011
Corporate Class Contractual 0.28% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.25% July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.80%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 0.50%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 1.12%(2) July 1, 2009 December 31, 2011
Resource Class Contractual 0.41%(2) July 1, 2009 December 31, 2011
See page 23 for footnotes to Exhibit B.
23
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------------- ------------ ---------- ----------------- -----------------
Treasury Portfolio(3) Contractual 0.22%(2) July 1, 2009 December 31, 2011
Cash Management Class Contractual 0.17% July 1, 2009 December 31, 2011
Corporate Class Contractual 0.14% July 1, 2009 December 31, 2011
Institutional Class Contractual 0.69%(2) July 1, 2009 December 31, 2011
Personal Investment Class Contractual 0.44%(2) July 1, 2009 December 31, 2011
Private Investment Class Contractual 1.01%(2) July 1, 2009 December 31, 2011
Reserve Class Contractual 0.30%(2) July 1, 2009 December 31, 2011
Resource Class
(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.
24
as of November 29, 2010
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. Basic Balanced Fund
Series I Shares Contractual 0.91% July 1, 2005 April 30, 2012
Series II Shares Contractual 1.16% July 1, 2005 April 30, 2012
Invesco V.I. Basic Value Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
Invesco V.I. Capital Appreciation Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
Invesco V.I. Capital Development Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
Invesco V.I. Core Equity Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
Invesco V.I. Diversified Income Fund
Series I Shares Contractual 0.75% July 1, 2005 April 30, 2012
Series II Shares Contractual 1.00% July 1, 2005 April 30, 2012
Invesco V.I. Dividend Growth Fund*
Series I Shares Contractual 0.67% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.92% February 12, 2010 June 30, 2012
Invesco V.I. Dynamics Fund
Series I Shares Contractual 1.30% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.45% April 30, 2004 April 30, 2012
Invesco V.I. Financial Services Fund
Series I Shares Contractual 1.30% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.45% April 30, 2004 April 30, 2012
Invesco V.I. Global Dividend Growth
Fund*
Series I Shares Contractual 0.94% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.19% February 12, 2010 June 30, 2012
Invesco V.I. Global Health Care Fund
Series I Shares Contractual 1.30% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.45% April 30, 2004 April 30, 2012
25
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
---------------------------------------- ------------- ------------ ------------------ --------------
Invesco V.I. Global Multi-Asset Fund
Series I Shares Contractual 0.10% April 30, 2010 April 30, 2012
Series II Shares Contractual 0.35% April 30, 2010 April 30, 2012
Invesco V.I. Global Real Estate Fund
Series I Shares Contractual 1.30% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.45% April 30, 2004 April 30, 2012
Invesco V.I. Government Securities
Fund
Series I Shares Contractual 0.73% July 1, 2005 April 30, 2012
Series II Shares Contractual 0.98% July 1, 2005 April 30, 2012
Invesco V.I. High Yield Fund
Series II Shares Contractual 0.95% July 1, 2005 April 30, 2012
Series II Shares Contractual 1.20% April 30, 2004 April 30, 2012
Invesco V.I. High Yield Securities
Fund*
Series I Shares Contractual 1.75% February 12, 2010 June 30, 2012
Series II Shares Contractual 2.00% February 12, 2010 June 30, 2012
Invesco V.I. Income Builder Fund*
Series I Shares Contractual 1.02% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.27% February 12, 2010 June 30, 2012
Invesco V.I. International Growth Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
Invesco V.I. Large Cap Growth Fund
Series I Shares Contractual 1.01% July 1, 2005 April 30, 2012
Series II Shares Contractual 1.26% July 1, 2005 April 30, 2012
Invesco V.I. Leisure Fund
Series I Shares Contractual 1.01% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.26% April 30, 2004 April 30, 2012
Invesco V.I. Mid Cap Core Equity Fund
Series I Shares Contractual 1.30% September 10, 2001 April 30, 2012
Series II Shares Contractual 1.45% September 10, 2001 April 30, 2012
Invesco V.I. Money Market Fund
Series I Shares Contractual 1.30% January 1, 2005 April 30, 2012
Series II Shares Contractual 1.45% January 1, 2005 April 30, 2012
26
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
---------------------------------------- ------------- ------------ ------------------ --------------
Invesco V.I. S&P 500 Index Fund*
Series I Shares Contractual 0.28% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.53% February 12, 2010 June 30, 2012
Invesco V.I. Select Dimensions
Balanced Fund*
Series I Shares Contractual 0.82% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.07% February 12, 2010 June 30, 2012
Invesco V.I. Select Dimensions
Dividend Growth Fund*
Series I Shares Contractual 0.72% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.97% February 12, 2010 June 30, 2012
Invesco V.I. Select Dimensions
Equally-Weighted S&P 500 Fund*
Series I Shares Contractual 0.37% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.62% February 12, 2010 June 30, 2012
Invesco V.I. Small Cap Equity Fund
Series I Shares Contractual 1.15% July 1, 2005 April 30, 2012
Series II Shares Contractual 1.40% July 1, 2005 April 30, 2012
Invesco V.I. Technology Fund
Series I Shares Contractual 1.30% April 30, 2004 April 30, 2012
Series II Shares Contractual 1.45% April 30, 2004 April 30, 2012
Invesco V.I. Utilities Fund
Series I Shares Contractual 0.93% September 23, 2005 April 30, 2012
Series II Shares Contractual 1.18% September 23, 2005 April 30, 2012
Invesco Van Kampen V.I. Capital
Growth Fund*
Series I Shares Contractual 0.84% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.09% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Comstock Fund*
Series I Shares Contractual 0.62% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.87% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Equity and
Income Fund*
Series I Shares Contractual 0.70%(1) February 12, 2010 June 30, 2012
Series II Shares Contractual 0.75% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Global
Tactical Asset Allocation Fund*
Series I Shares Contractual 0.90% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.15% February 12, 2010 June 30, 2012
27
as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
--------------------------------------- ------------ ---------- ----------------- -------------
See page 27 for footnotes to Exhibit C.
Invesco Van Kampen V.I. Global Value
Equity Fund*
Series I Shares Contractual 1.15% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.40% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Government
Fund*
Series I Shares Contractual 0.60% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.85% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Growth and
Income Fund*
Series I Shares Contractual 0.62% February 12, 2010 June 30, 2012
Series II Shares Contractual 0.87% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. High Yield
Fund*
Series I Shares Contractual 0.80% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.05% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. International
Growth Equity Fund*
Series I Shares Contractual 1.11% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.36% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Mid Cap
Growth Fund*
Series I Shares Contractual 1.01% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.26% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Mid Cap Value
Fund*
Series I Shares Contractual 1.18%(1) February 12, 2010 June 30, 2012
Series II Shares Contractual 1.28% February 12, 2010 June 30, 2012
Invesco Van Kampen V.I. Value Fund*
Series I Shares
Contractual 0.86% February 12, 2010 June 30, 2012
Series II Shares Contractual 1.11% February 12, 2010 June 30, 2012
(1) The expense limit shown is the expense limit after Rule 12b-1 fee waivers
by Invesco Distributors, Inc.
28
as of November 29, 2010
EXHIBIT "D" - CLOSED-END FUNDS(1)
INVESCO CALIFORNIA INSURED MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco California Insured Municipal
Income Trust Contractual 0.67% June 1, 2010 June 30, 2012
INVESCO CALIFORNIA QUALITY MUNICIPAL SECURITIES
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco California Quality Municipal
Securities Contractual 0.70% June 1, 2010 June 30, 2012
INVESCO HIGH YIELD FUND, INC.
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco High Yield Investment Funds,
Inc. Contractual 0.98% June 1, 2010 June 30, 2012
INVESCO INSURED CALIFORNIA MUNICIPAL SECURITIES
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Insured California Municipal
Securities Contractual 0.70% June 1, 2010 June 30, 2012
INVESCO INSURED MUNICIPAL BOND TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Insured Municipal Bond Trust Contractual 1.00% June 1, 2010 June 30, 2012
INVESCO INSURED MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Insured Municipal Income
Trust Contractual 0.64% June 1, 2010 June 30, 2012
INVESCO INSURED MUNICIPAL SECURITIES
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Insured Municipal Securities Contractual 0.54% June 1, 2010 June 30, 2012
29
as of November 29, 2010
INVESCO INSURED MUNICIPAL TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Insured Municipal Trust Contractual 0.66% June 1, 2010 June 30, 2012
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Municipal Income
Opportunities Trust Contractual 0.73% June 1, 2010 June 30, 2012
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST II
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
------------------------------------ ------------ ---------- ----------------- --------------
Invesco Municipal Income
Opportunities Trust II Contractual 0.73% June 1, 2010 June 30, 2012
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST III
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Municipal Income
Opportunities Trust III Contractual 0.84% June 1, 2010 June 30, 2012
INVESCO MUNICIPAL PREMIUM INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Municipal Premium Income
Trust Contractual 1.03% June 1, 2010 June 30, 2012
INVESCO NEW YORK QUALITY MUNICIPAL SECURITIES
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco New York Quality Municipal
Securities Contractual 0.80% June 1, 2010 June 30, 2012
INVESCO PRIME INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Prime Income Trust Contractual 1.32% June 1, 2010 June 30, 2012
30
as of November 29, 2010
INVESCO QUALITY MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Quality Municipal Income
Trust Contractual 0.70% June 1, 2010 June 30, 2012
INVESCO QUALITY MUNICIPAL INVESTMENT TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Quality Municipal Investment
Trust Contractual 0.70% June 1, 2010 June 30, 2012
INVESCO QUALITY MUNICIPAL SECURITIES
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION
FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE
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Invesco Quality Municipal Securities Contractual 0.66% June 1, 2010 June 30, 2012
(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.
31