0000950123-11-041608.txt : 20110429 0000950123-11-041608.hdr.sgml : 20110429 20110429115501 ACCESSION NUMBER: 0000950123-11-041608 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 Quality Municipal Investment Trust CENTRAL INDEX KEY: 0000876982 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NSAR-BT SEC ACT: 1940 Act SEC FILE NUMBER: 811-06346 FILM NUMBER: 11792253 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 QUALITY MUNICIPAL INVESTMENT TRUST DATE OF NAME CHANGE: 20091002 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY QUALITY MUNICIPAL INVESTMENT TRUS DATE OF NAME CHANGE: 20011220 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN STANLEY QUALITY MUNICIPAL INVESTMENT TRUST DATE OF NAME CHANGE: 20011220 NSAR-BT 1 h81576.fil TRANSITION ANNUAL REPORT PAGE 1 000 B000000 02/28/2011 000 C000000 0000876982 000 D000000 Y 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 INVESCO QUALITY MUNICIPAL INVESTMENT TRUST 001 B000000 811-06346 001 C000000 8002415477 002 A000000 1555 PEACHTREE ST., NE 002 B000000 ATLANTA 002 C000000 GA 002 D010000 30309 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 008 A000001 Invesco Advisers, Inc. 008 B000001 A 008 C000001 801-33949 008 D010001 HOUSTON 008 D020001 TX 008 D030001 77046 008 D040001 1173 008 A000002 Invesco Asset Management (Japan) Ltd. 008 B000002 S 008 C000002 801-52601 008 D010002 Tokyo 008 D050002 Japan 008 D060002 105-6025 008 A000003 Invesco Asset Management Limited 008 B000003 S 008 C000003 801-50197 008 D010003 London 008 D050003 United Kingdom 008 D060003 EC2A1AG 008 A000004 Invesco Asset Management Deutschland GmbH 008 B000004 S 008 C000004 801-67712 008 D010004 Frankfurt 008 D050004 Germany 008 D060004 60313 008 A000005 Invesco Australia Limited 008 B000005 S 008 C000005 801-68638 PAGE 2 008 D010005 Melbourne 008 D050005 Australia 008 D060005 3000 008 A000006 Invesco Hong Kong Limited 008 B000006 S 008 C000006 801-47856 008 D010006 HONG KONG 008 D050006 HONG KONG 008 A000007 Invesco Senior Secured Management, Inc. 008 B000007 S 008 C000007 801-38119 008 D010007 NEW YORK 008 D020007 NY 008 D030007 10036 008 D040007 2727 008 A000008 Invesco Trimark Ltd. 008 B000008 S 008 C000008 801-62166 008 D010008 TORONTO 008 D050008 CANADA 008 D060008 M2N 6X7 010 A000001 Invesco Management Group Inc. 010 B000001 33-67866 010 C010001 Houston 010 C020001 TX 010 C030001 77046 012 A000001 COMPUTERSHARE TRUST COMPANY, N.A. 012 B000001 84-00000 012 C010001 PROVIDENCE 012 C020001 RI 012 C030001 02940 012 C040001 3078 013 A000001 PRICEWATERHOUSE COOPERS, LLP 013 B010001 HOUSTON 013 B020001 TX 013 B030001 77002 015 A000001 STATE STREET BANK AND TRUST COMPANY 015 B000001 C 015 C010001 BOSTON 015 C020001 MA 015 C030001 02111 015 E010001 X 018 000000 Y 019 A000000 Y 019 B000000 227 019 C000000 INVESCOFDS 021 000000 0 022 A000001 J.P. 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A000000 ICI Mutual Insurance Company 080 C000000 55000 081 A000000 Y 081 B000000 237 082 A000000 Y 082 B000000 100 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 087 A010000 SHARES OF BENEFICIAL INTEREST 087 A020000 46133H105 087 A030000 IQT 088 A000000 Y 088 B000000 N 088 C000000 N 088 D000000 Y SIGNATURE KELLI GALLEGOS TITLE ASSISTANT VP & ASSISTANT TREASURER EX-99.77B ACCT LTTR 2 h81576ex77b.txt EXHIBIT REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees and Shareholders of Invesco Quality Municipal Investment Trust: In planning and performing our audits of the financial statements of Invesco Quality Municipal Investment 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 h81576ex77e.txt EXHIBIT SUB-ITEM 77E INVESCO QUALITY MUNICIPAL INVESTMENT 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. - 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. - 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. - 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 QUALITY MUNICIPAL INVESTMENT TRUST The Trust received a shareholder demand letter dated September 1, 2010, from one of the Trust's shareholders alleging that the former board and the officers of the Trust breached their fiduciary duty and duty of loyalty and wasted Trust assets by causing the Trust 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 letter alleges that the redemption of the ARPS occurred at the expense of the Trust and its common shareholders. The letter demands that: 1) the Board take action against the prior adviser and trustees/officers to recover damages; 2) the Board refrain from authorizing further redemptions or repurchases of ARPS by the Trust at prices in excess of fair value or market value at the time of the transaction; and 3) if the Trust does not commence appropriate action, the shareholder will commence a shareholder derivative action on behalf of the Trust. 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. 2 EX-99.77Q1 OTHR EXHB 4 h81576ex77q1e.txt EXHIBIT SUB-ITEM 77 Q 1 (e) INVESCO QUALITY MUNICIPAL INVESTMENT 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 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. SUB-ITEM 77 Q 1 (e) 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 INVESCO ADVISERS, INC. By: /s/ John M. Zerr ---------------------------------------- Title: Senior Vice President 2 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
3 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
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 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 Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012 See page 21 for footnotes to Exhibit A.
5 as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE --------------------------------------- ------------ ---------- ------------------- ----------------- 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 Class B Shares Contractual 2.00% July 1, 2009 February 28, 2012 Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012 Class R Shares Contractual 2.75% July 1, 2009 February 28, 2012 Class Y Shares Contractual 2.25% July 1, 2009 February 28, 2012 Investor Class Shares Contractual 1.75% July 1, 2009 February 28, 2012 Institutional Class Shares Contractual 2.00% July 1, 2009 February 28, 2012 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. 6 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 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 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. 7 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
8 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
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 International Allocation Fund Class A Shares Contractual 0.43% July 1, 2009 April 30, 2012 Class B Shares Contractual 1.18% July 1, 2009 April 30, 2012 Class C Shares Contractual 1.18% July 1, 2009 April 30, 2012 Class R Shares Contractual 0.68% July 1, 2009 April 30, 2012 Class Y Shares Contractual 0.18% July 1, 2009 April 30, 2012 Institutional Class Shares Contractual 0.18% July 1, 2009 April 30, 2012 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.
10 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* Class A Shares Contractual 0.50% February 12, 2010 June 30, 2012 Class B Shares Contractual 1.25% February 12, 2010 June 30, 2012 Class C Shares Contractual 1.25% February 12, 2010 June 30, 2012 Class Y Shares Contractual 0.25% February 12, 2010 June 30, 2012 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
11 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
12 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* 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 R Shares Contractual 1.50% February 12, 2010 June 30, 2012 Class Y Shares Contractual 1.00% February 12, 2010 June 30, 2012 Institutional Class Shares Contractual 1.00% February 12, 2010 June 30, 2012 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
13 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 Class B Shares Contractual 2.00% July 1, 2009 February 28, 2012 Class C Shares Contractual 2.75% July 1, 2009 February 28, 2012 Class R Shares Contractual 2.75% July 1, 2009 February 28, 2012 Class Y Shares Contractual 2.25% July 1, 2009 February 28, 2012 Institutional Class Shares Contractual 1.75% July 1, 2009 February 28, 2012 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
14 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
15 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
16 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
17 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
18 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 Contractual 1.16% February 12, 2010 June 30, 2012 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 Class B Shares Contractual 0.89% February 12, 2010 June 30, 2012 Class C Shares Contractual 1.64% February 12, 2010 June 30, 2012 Class R Shares Contractual 1.64% February 12, 2010 June 30, 2012 Class Y Shares Contractual 1.14% February 12, 2010 June 30, 2012 Institutional Class Shares Contractual 0.64% February 12, 2010 June 30, 2012 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
19 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/A (10) Class B Shares Voluntary 1.58% March 4, 2009 N/A (10) Class C Shares Voluntary 1.58% March 4, 2009 N/A (10) Class Y Shares Voluntary 0.58% March 4, 2009 N/A (10) Institutional Class Shares Voluntary 0.58% March 4, 2009 N/A (10) 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
20 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. 21 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 Corporate Class Contractual 0.22% (2) July 1, 2009 December 31, 2011 Institutional Class Contractual 0.17% July 1, 2009 December 31, 2011 Personal Investment Class Contractual 0.14% July 1, 2009 December 31, 2011 Private Investment Class Contractual 0.69% (2) July 1, 2009 December 31, 2011 Reserve Class Contractual 0.39% (2) July 1, 2009 December 31, 2011 Resource Class Contractual 1.01% (2) July 1, 2009 December 31, 2011 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.
22 as of November 29, 2010
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE --------------------------------------- ------------ ---------- ------------------- ----------------- Treasury Portfolio(3) 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
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. 23 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
24 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
25 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
26 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. 27 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
28 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 --------------------------------------- ------------ ---------- ------------------- ----------------- 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 --------------------------------------- ------------ ---------- ------------------- ----------------- 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 --------------------------------------- ------------ ---------- ------------------- ----------------- 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 --------------------------------------- ------------ ---------- ------------------- ----------------- Invesco Prime Income Trust Contractual 1.32% June 1, 2010 June 30, 2012
29 as of November 29, 2010 INVESCO QUALITY MUNICIPAL INCOME TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE --------------------------------------- ------------ ---------- ------------------- ----------------- 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 --------------------------------------- ------------ ---------- ------------------- ----------------- 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 --------------------------------------- ------------ ---------- ------------------- ----------------- 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. 30