0001193125-17-217046.txt : 20170629 0001193125-17-217046.hdr.sgml : 20170629 20170628202637 ACCESSION NUMBER: 0001193125-17-217046 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20170430 FILED AS OF DATE: 20170629 DATE AS OF CHANGE: 20170628 EFFECTIVENESS DATE: 20170629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) CENTRAL INDEX KEY: 0000880859 IRS NUMBER: 760352823 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-06463 FILM NUMBER: 17936573 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: AIM INTERNATIONAL FUNDS INC STREET 2: 11 GREENWAY PLAZA SUITE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20031126 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL FUNDS INC /MD/ DATE OF NAME CHANGE: 20000620 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20000323 0000880859 S000000226 INVESCO Asia Pacific Growth Fund C000000537 Class A ASIAX C000000538 Class B ASIBX C000000539 Class C ASICX C000071235 Class Y ASIYX C000188848 Class R6 0000880859 S000000227 INVESCO European Growth Fund C000000540 Class A AEDAX C000000541 Class B AEDBX C000000542 Class C AEDCX C000000543 Class R AEDRX C000000544 Investor Class EGINX C000071236 Class Y AEDYX C000188849 Class R6 0000880859 S000000228 INVESCO Global Small & Mid Cap Growth Fund C000000545 Class A AGAAX C000000546 Class B AGABX C000000547 Class C AGACX C000053091 CLASS R5 GAIIX C000071237 Class Y AGAYX C000188850 Class R6 0000880859 S000000229 INVESCO Global Growth Fund C000000548 Class A AGGAX C000000549 Class B AGGBX C000000550 Class C AGGCX C000053092 CLASS R5 GGAIX C000071238 Class Y AGGYX C000120686 Class R6 AGGFX 0000880859 S000000230 INVESCO International Growth Fund C000000551 Class A AIIEX C000000552 Class B AIEBX C000000553 Class C AIECX C000000554 Class R AIERX C000023043 CLASS R5 AIEVX C000071239 Class Y AIIYX C000120687 Class R6 IGFRX 0000880859 S000000231 INVESCO International Core Equity Fund C000000555 Class A IBVAX C000000556 Class B IBVBX C000000557 Class C IBVCX C000000558 Class R IIBRX C000000559 Investor Class IIBCX C000023044 CLASS R5 IBVIX C000071240 Class Y IBVYX C000120688 Class R6 IBVFX 0000880859 S000037836 Invesco Global Opportunities Fund C000116733 Class A IAOPX C000116734 Class C ICOPX C000116735 Class R IROPX C000116736 Class Y IYOPX C000116737 CLASS R5 IIOPX C000120689 Class R6 IFOPX 0000880859 S000037837 Invesco Select Opportunities Fund C000116738 CLASS R5 IZSIX C000116739 Class A IZSAX C000116740 Class C IZSCX C000116741 Class R IZSRX C000116742 Class Y IZSYX C000120690 Class R6 IZFSX 0000880859 S000052140 Invesco International Companies Fund C000164117 Class A C000164118 Class C C000164119 Class R C000164120 Class Y C000164121 Class R5 C000164122 Class R6 0000880859 S000054632 Invesco Global Responsibility Equity Fund C000171594 Class A C000171595 Class C C000171596 Class R C000171597 Class Y C000171598 Class R5 C000171599 Class R6 NSAR-A 1 d400233dnsara.fil NSAR-A - 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048 H010300 0 048 H020300 0.000 048 I010300 0 048 I020300 0.000 048 J010300 0 048 J020300 0.000 048 K010300 10000000 048 K020300 0.660 048 000500 0.000 048 A010500 250000 048 A020500 0.800 048 B010500 250000 048 B020500 0.780 048 C010500 500000 048 C020500 0.760 048 D010500 1500000 048 D020500 0.740 048 E010500 2500000 048 E020500 0.720 048 F010500 2500000 048 F020500 0.700 048 G010500 2500000 048 G020500 0.680 048 H010500 0 PAGE 18 048 H020500 0.000 048 I010500 0 048 I020500 0.000 048 J010500 0 048 J020500 0.000 048 K010500 10000000 048 K020500 0.660 048 000900 0.000 048 A010900 250000 048 A020900 0.935 048 B010900 250000 048 B020900 0.910 048 C010900 500000 048 C020900 0.885 048 D010900 1500000 048 D020900 0.860 048 E010900 2500000 048 E020900 0.835 048 F010900 2500000 048 F020900 0.810 048 G010900 2500000 048 G020900 0.785 048 H010900 0 048 H020900 0.000 048 I010900 0 048 I020900 0.000 048 J010900 0 048 J020900 0.000 048 K010900 10000000 048 K020900 0.760 048 001000 0.000 048 A011000 250000 048 A021000 0.935 048 B011000 250000 048 B021000 0.910 048 C011000 500000 048 C021000 0.885 048 D011000 1500000 048 D021000 0.860 048 E011000 2500000 048 E021000 0.835 048 F011000 2500000 048 F021000 0.810 048 G011000 2500000 048 G021000 0.785 048 H011000 0 048 H021000 0.000 048 I011000 0 048 I021000 0.000 048 J011000 0 048 J021000 0.000 PAGE 19 048 K011000 10000000 048 K021000 0.760 048 001100 0.000 048 A011100 500000 048 A021100 0.750 048 B011100 500000 048 B021100 0.650 048 C011100 1000000 048 C021100 0.550 048 D011100 2000000 048 D021100 0.450 048 E011100 4000000 048 E021100 0.400 048 F011100 6000000 048 F021100 0.375 048 G011100 0 048 G021100 0.000 048 H011100 0 048 H021100 0.000 048 I011100 0 048 I021100 0.000 048 J011100 0 048 J021100 0.000 048 K011100 8000000 048 K021100 0.350 048 001200 0.000 048 A011200 250000 048 A021200 0.800 048 B011200 250000 048 B021200 0.780 048 C011200 500000 048 C021200 0.760 048 D011200 1500000 048 D021200 0.740 048 E011200 2500000 048 E021200 0.720 048 F011200 2500000 048 F021200 0.700 048 G011200 2500000 048 G021200 0.680 048 H011200 0 048 H021200 0.000 048 I011200 0 048 I021200 0.000 048 J011200 0 048 J021200 0.000 048 K011200 10000000 048 K021200 0.660 048 001300 0.000 048 A011300 250000 048 A021300 0.800 PAGE 20 048 B011300 250000 048 B021300 0.780 048 C011300 500000 048 C021300 0.760 048 D011300 1500000 048 D021300 0.740 048 E011300 2500000 048 E021300 0.720 048 F011300 2500000 048 F021300 0.700 048 G011300 2500000 048 G021300 0.680 048 H011300 0 048 H021300 0.000 048 I011300 0 048 I021300 0.000 048 J011300 0 048 J021300 0.000 048 K011300 10000000 048 K021300 0.660 048 001400 0.000 048 A011400 250000 048 A021400 0.935 048 B011400 250000 048 B021400 0.910 048 C011400 500000 048 C021400 0.885 048 D011400 1500000 048 D021400 0.860 048 E011400 2500000 048 E021400 0.835 048 F011400 2500000 048 F021400 0.810 048 G011400 2500000 048 G021400 0.785 048 H011400 0 048 H021400 0.000 048 I011400 0 048 I021400 0.000 048 J011400 0 048 J021400 0.000 048 K011400 10000000 048 K021400 0.760 048 001500 0.000 048 A011500 25000 048 A021500 0.650 048 B011500 0 048 B021500 0.000 048 C011500 0 048 C021500 0.000 048 D011500 0 PAGE 21 048 D021500 0.000 048 E011500 0 048 E021500 0.000 048 F011500 0 048 F021500 0.000 048 G011500 0 048 G021500 0.000 048 H011500 0 048 H021500 0.000 048 I011500 0 048 I021500 0.000 048 J011500 0 048 J021500 0.000 048 K011500 25000 048 K021500 0.600 049 000100 N 049 000300 N 049 000500 N 049 000900 N 049 001000 N 049 001100 N 049 001200 N 049 001300 N 049 001400 N 049 001500 N 050 000100 N 050 000300 N 050 000500 N 050 000900 N 050 001000 N 050 001100 N 050 001200 N 050 001300 N 050 001400 N 050 001500 N 051 000100 N 051 000300 N 051 000500 N 051 000900 N 051 001000 N 051 001100 N 051 001200 N 051 001300 N 051 001400 N 051 001500 N 052 000100 N 052 000300 N 052 000500 N 052 000900 N 052 001000 N 052 001100 N PAGE 22 052 001200 N 052 001300 N 052 001400 N 052 001500 N 053 A000100 Y 053 B000100 Y 053 C000100 N 053 A000300 Y 053 B000300 Y 053 C000300 N 053 A000500 Y 053 B000500 Y 053 C000500 N 053 A000900 Y 053 B000900 Y 053 C000900 N 053 A001000 Y 053 B001000 Y 053 C001000 N 053 A001100 Y 053 B001100 Y 053 C001100 N 053 A001200 Y 053 B001200 Y 053 C001200 N 053 A001300 Y 053 B001300 Y 053 C001300 N 053 A001400 Y 053 B001400 Y 053 C001400 N 053 A001500 Y 053 B001500 Y 053 C001500 N 054 A00AA00 Y 054 B00AA00 N 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 N 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 N 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 055 A000100 N 055 B000100 N PAGE 23 055 A000300 N 055 B000300 N 055 A000500 N 055 B000500 N 055 A000900 N 055 B000900 N 055 A001000 N 055 B001000 N 055 A001100 Y 055 B001100 N 055 A001200 Y 055 B001200 N 055 A001300 N 055 B001300 N 055 A001400 N 055 B001400 N 055 A001500 N 055 B001500 N 056 000100 Y 056 000300 Y 056 000500 Y 056 000900 Y 056 001000 Y 056 001100 Y 056 001200 Y 056 001300 Y 056 001400 Y 056 001500 Y 057 000100 N 057 000300 N 057 000500 N 057 000900 N 057 001000 N 057 001100 N 057 001200 N 057 001300 N 057 001400 N 057 001500 N 058 A000100 N 058 A000300 N 058 A000500 N 058 A000900 N 058 A001000 N 058 A001100 N 058 A001200 N 058 A001300 N 058 A001400 N 058 A001500 N 059 000100 Y 059 000300 Y 059 000500 Y PAGE 24 059 000900 Y 059 001000 Y 059 001100 Y 059 001200 Y 059 001300 Y 059 001400 Y 059 001500 Y 060 A000100 Y 060 B000100 Y 060 A000300 Y 060 B000300 Y 060 A000500 Y 060 B000500 Y 060 A000900 Y 060 B000900 Y 060 A001000 Y 060 B001000 Y 060 A001100 Y 060 B001100 Y 060 A001200 Y 060 B001200 Y 060 A001300 Y 060 B001300 Y 060 A001400 Y 060 B001400 Y 060 A001500 Y 060 B001500 Y 061 000100 50 061 000300 50 061 000500 50 061 000900 50 061 001000 50 061 001100 50 061 001200 50 061 001300 50 061 001400 50 061 001500 50 062 A000100 N 062 B000100 0.0 062 C000100 0.0 062 D000100 0.0 062 E000100 0.0 062 F000100 0.0 062 G000100 0.0 062 H000100 0.0 062 I000100 0.0 062 J000100 0.0 062 K000100 0.0 062 L000100 0.0 062 M000100 0.0 062 N000100 0.0 PAGE 25 062 O000100 0.0 062 P000100 0.0 062 Q000100 0.0 062 R000100 0.0 062 A000300 N 062 B000300 0.0 062 C000300 0.0 062 D000300 0.0 062 E000300 0.0 062 F000300 0.0 062 G000300 0.0 062 H000300 0.0 062 I000300 0.0 062 J000300 0.0 062 K000300 0.0 062 L000300 0.0 062 M000300 0.0 062 N000300 0.0 062 O000300 0.0 062 P000300 0.0 062 Q000300 0.0 062 R000300 0.0 062 A000500 N 062 B000500 0.0 062 C000500 0.0 062 D000500 0.0 062 E000500 0.0 062 F000500 0.0 062 G000500 0.0 062 H000500 0.0 062 I000500 0.0 062 J000500 0.0 062 K000500 0.0 062 L000500 0.0 062 M000500 0.0 062 N000500 0.0 062 O000500 0.0 062 P000500 0.0 062 Q000500 0.0 062 R000500 0.0 062 A000900 N 062 B000900 0.0 062 C000900 0.0 062 D000900 0.0 062 E000900 0.0 062 F000900 0.0 062 G000900 0.0 062 H000900 0.0 062 I000900 0.0 062 J000900 0.0 062 K000900 0.0 PAGE 26 062 L000900 0.0 062 M000900 0.0 062 N000900 0.0 062 O000900 0.0 062 P000900 0.0 062 Q000900 0.0 062 R000900 0.0 062 A001000 N 062 B001000 0.0 062 C001000 0.0 062 D001000 0.0 062 E001000 0.0 062 F001000 0.0 062 G001000 0.0 062 H001000 0.0 062 I001000 0.0 062 J001000 0.0 062 K001000 0.0 062 L001000 0.0 062 M001000 0.0 062 N001000 0.0 062 O001000 0.0 062 P001000 0.0 062 Q001000 0.0 062 R001000 0.0 062 A001100 N 062 B001100 0.0 062 C001100 0.0 062 D001100 0.0 062 E001100 0.0 062 F001100 0.0 062 G001100 0.0 062 H001100 0.0 062 I001100 0.0 062 J001100 0.0 062 K001100 0.0 062 L001100 0.0 062 M001100 0.0 062 N001100 0.0 062 O001100 0.0 062 P001100 0.0 062 Q001100 0.0 062 R001100 0.0 062 A001200 N 062 B001200 0.0 062 C001200 0.0 062 D001200 0.0 062 E001200 0.0 062 F001200 0.0 062 G001200 0.0 062 H001200 0.0 PAGE 27 062 I001200 0.0 062 J001200 0.0 062 K001200 0.0 062 L001200 0.0 062 M001200 0.0 062 N001200 0.0 062 O001200 0.0 062 P001200 0.0 062 Q001200 0.0 062 R001200 0.0 062 A001300 N 062 B001300 0.0 062 C001300 0.0 062 D001300 0.0 062 E001300 0.0 062 F001300 0.0 062 G001300 0.0 062 H001300 0.0 062 I001300 0.0 062 J001300 0.0 062 K001300 0.0 062 L001300 0.0 062 M001300 0.0 062 N001300 0.0 062 O001300 0.0 062 P001300 0.0 062 Q001300 0.0 062 R001300 0.0 062 A001400 N 062 B001400 0.0 062 C001400 0.0 062 D001400 0.0 062 E001400 0.0 062 F001400 0.0 062 G001400 0.0 062 H001400 0.0 062 I001400 0.0 062 J001400 0.0 062 K001400 0.0 062 L001400 0.0 062 M001400 0.0 062 N001400 0.0 062 O001400 0.0 062 P001400 0.0 062 Q001400 0.0 062 R001400 0.0 062 A001500 N 062 B001500 0.0 062 C001500 0.0 062 D001500 0.0 062 E001500 0.0 PAGE 28 062 F001500 0.0 062 G001500 0.0 062 H001500 0.0 062 I001500 0.0 062 J001500 0.0 062 K001500 0.0 062 L001500 0.0 062 M001500 0.0 062 N001500 0.0 062 O001500 0.0 062 P001500 0.0 062 Q001500 0.0 062 R001500 0.0 063 A000100 0 063 B000100 0.0 063 A000300 0 063 B000300 0.0 063 A000500 0 063 B000500 0.0 063 A000900 0 063 B000900 0.0 063 A001000 0 063 B001000 0.0 063 A001100 0 063 B001100 0.0 063 A001200 0 063 B001200 0.0 063 A001300 0 063 B001300 0.0 063 A001400 0 063 B001400 0.0 063 A001500 0 063 B001500 0.0 066 A000100 Y 066 B000100 N 066 C000100 Y 066 D000100 N 066 E000100 N 066 F000100 N 066 G000100 N 066 A000300 Y 066 B000300 N 066 C000300 Y 066 D000300 N 066 E000300 N 066 F000300 N 066 G000300 N 066 A000500 Y 066 B000500 N 066 C000500 Y 066 D000500 N PAGE 29 066 E000500 N 066 F000500 N 066 G000500 N 066 A000900 Y 066 B000900 N 066 C000900 Y 066 D000900 N 066 E000900 N 066 F000900 N 066 G000900 N 066 A001000 Y 066 B001000 N 066 C001000 Y 066 D001000 N 066 E001000 N 066 F001000 N 066 G001000 N 066 A001100 Y 066 B001100 N 066 C001100 N 066 D001100 Y 066 E001100 N 066 F001100 N 066 G001100 N 066 A001200 Y 066 B001200 N 066 C001200 N 066 D001200 Y 066 E001200 N 066 F001200 N 066 G001200 N 066 A001300 Y 066 B001300 N 066 C001300 Y 066 D001300 N 066 E001300 N 066 F001300 N 066 G001300 N 066 A001400 Y 066 B001400 N 066 C001400 N 066 D001400 Y 066 E001400 N 066 F001400 N 066 G001400 N 066 A001500 Y 066 B001500 N 066 C001500 N 066 D001500 Y 066 E001500 N 066 F001500 N PAGE 30 066 G001500 N 067 000100 N 067 000300 N 067 000500 N 067 000900 N 067 001000 N 067 001100 N 067 001200 N 067 001300 N 067 001400 N 067 001500 N 068 A000100 N 068 B000100 Y 068 A000300 N 068 B000300 Y 068 A000500 N 068 B000500 Y 068 A000900 N 068 B000900 Y 068 A001000 N 068 B001000 Y 068 A001100 N 068 B001100 Y 068 A001200 N 068 B001200 Y 068 A001300 N 068 B001300 Y 068 A001400 N 068 B001400 Y 068 A001500 N 068 B001500 Y 069 000100 N 069 000300 N 069 000500 N 069 000900 N 069 001000 N 069 001100 N 069 001200 N 069 001300 N 069 001400 N 069 001500 N 070 A010100 Y 070 A020100 N 070 B010100 Y 070 B020100 N 070 C010100 Y 070 C020100 N 070 D010100 Y 070 D020100 N 070 E010100 Y 070 E020100 N PAGE 31 070 F010100 Y 070 F020100 N 070 G010100 Y 070 G020100 N 070 H010100 Y 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 Y 070 J020100 N 070 K010100 Y 070 K020100 Y 070 L010100 Y 070 L020100 Y 070 M010100 Y 070 M020100 Y 070 N010100 Y 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 Y 070 P020100 N 070 Q010100 N 070 Q020100 N 070 R010100 Y 070 R020100 N 070 A010300 Y 070 A020300 N 070 B010300 Y 070 B020300 N 070 C010300 Y 070 C020300 N 070 D010300 Y 070 D020300 N 070 E010300 Y 070 E020300 N 070 F010300 Y 070 F020300 N 070 G010300 Y 070 G020300 N 070 H010300 Y 070 H020300 N 070 I010300 N 070 I020300 N 070 J010300 Y 070 J020300 Y 070 K010300 Y 070 K020300 Y 070 L010300 Y 070 L020300 Y 070 M010300 Y PAGE 32 070 M020300 Y 070 N010300 Y 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 N 070 Q010300 N 070 Q020300 N 070 R010300 Y 070 R020300 N 070 A010500 Y 070 A020500 N 070 B010500 Y 070 B020500 N 070 C010500 Y 070 C020500 N 070 D010500 Y 070 D020500 N 070 E010500 Y 070 E020500 N 070 F010500 Y 070 F020500 N 070 G010500 Y 070 G020500 N 070 H010500 Y 070 H020500 N 070 I010500 N 070 I020500 N 070 J010500 Y 070 J020500 Y 070 K010500 Y 070 K020500 Y 070 L010500 Y 070 L020500 Y 070 M010500 Y 070 M020500 Y 070 N010500 Y 070 N020500 N 070 O010500 Y 070 O020500 N 070 P010500 Y 070 P020500 N 070 Q010500 N 070 Q020500 N 070 R010500 Y 070 R020500 N 070 A010900 Y 070 A020900 N 070 B010900 Y 070 B020900 N PAGE 33 070 C010900 Y 070 C020900 N 070 D010900 Y 070 D020900 N 070 E010900 Y 070 E020900 N 070 F010900 Y 070 F020900 N 070 G010900 Y 070 G020900 N 070 H010900 Y 070 H020900 N 070 I010900 N 070 I020900 N 070 J010900 Y 070 J020900 Y 070 K010900 Y 070 K020900 Y 070 L010900 Y 070 L020900 Y 070 M010900 Y 070 M020900 Y 070 N010900 Y 070 N020900 N 070 O010900 Y 070 O020900 N 070 P010900 Y 070 P020900 N 070 Q010900 N 070 Q020900 N 070 R010900 Y 070 R020900 N 070 A011000 Y 070 A021000 N 070 B011000 Y 070 B021000 N 070 C011000 Y 070 C021000 N 070 D011000 Y 070 D021000 N 070 E011000 Y 070 E021000 N 070 F011000 Y 070 F021000 N 070 G011000 Y 070 G021000 N 070 H011000 Y 070 H021000 N 070 I011000 N 070 I021000 N 070 J011000 Y PAGE 34 070 J021000 N 070 K011000 Y 070 K021000 Y 070 L011000 Y 070 L021000 Y 070 M011000 Y 070 M021000 Y 070 N011000 Y 070 N021000 N 070 O011000 Y 070 O021000 N 070 P011000 Y 070 P021000 N 070 Q011000 N 070 Q021000 N 070 R011000 Y 070 R021000 N 070 A011100 Y 070 A021100 N 070 B011100 Y 070 B021100 N 070 C011100 Y 070 C021100 N 070 D011100 Y 070 D021100 N 070 E011100 Y 070 E021100 N 070 F011100 Y 070 F021100 N 070 G011100 Y 070 G021100 N 070 H011100 Y 070 H021100 N 070 I011100 N 070 I021100 N 070 J011100 Y 070 J021100 Y 070 K011100 Y 070 K021100 Y 070 L011100 Y 070 L021100 Y 070 M011100 Y 070 M021100 Y 070 N011100 Y 070 N021100 N 070 O011100 Y 070 O021100 N 070 P011100 Y 070 P021100 N 070 Q011100 N 070 Q021100 N PAGE 35 070 R011100 Y 070 R021100 N 070 A011200 Y 070 A021200 N 070 B011200 Y 070 B021200 N 070 C011200 Y 070 C021200 N 070 D011200 Y 070 D021200 N 070 E011200 Y 070 E021200 N 070 F011200 Y 070 F021200 N 070 G011200 Y 070 G021200 N 070 H011200 Y 070 H021200 N 070 I011200 N 070 I021200 N 070 J011200 Y 070 J021200 N 070 K011200 Y 070 K021200 Y 070 L011200 Y 070 L021200 Y 070 M011200 Y 070 M021200 Y 070 N011200 Y 070 N021200 N 070 O011200 Y 070 O021200 N 070 P011200 Y 070 P021200 N 070 Q011200 N 070 Q021200 N 070 R011200 Y 070 R021200 N 070 A011300 Y 070 A021300 N 070 B011300 Y 070 B021300 N 070 C011300 Y 070 C021300 N 070 D011300 Y 070 D021300 N 070 E011300 Y 070 E021300 N 070 F011300 Y 070 F021300 N 070 G011300 Y PAGE 36 070 G021300 N 070 H011300 Y 070 H021300 N 070 I011300 N 070 I021300 N 070 J011300 Y 070 J021300 N 070 K011300 Y 070 K021300 Y 070 L011300 Y 070 L021300 Y 070 M011300 Y 070 M021300 Y 070 N011300 Y 070 N021300 N 070 O011300 Y 070 O021300 N 070 P011300 Y 070 P021300 N 070 Q011300 N 070 Q021300 N 070 R011300 Y 070 R021300 N 070 A011400 Y 070 A021400 N 070 B011400 Y 070 B021400 N 070 C011400 Y 070 C021400 N 070 D011400 Y 070 D021400 N 070 E011400 Y 070 E021400 N 070 F011400 Y 070 F021400 N 070 G011400 Y 070 G021400 N 070 H011400 Y 070 H021400 N 070 I011400 N 070 I021400 N 070 J011400 Y 070 J021400 N 070 K011400 Y 070 K021400 Y 070 L011400 Y 070 L021400 Y 070 M011400 Y 070 M021400 Y 070 N011400 Y 070 N021400 N PAGE 37 070 O011400 Y 070 O021400 N 070 P011400 Y 070 P021400 N 070 Q011400 N 070 Q021400 N 070 R011400 Y 070 R021400 N 070 A011500 Y 070 A021500 N 070 B011500 Y 070 B021500 N 070 C011500 Y 070 C021500 N 070 D011500 Y 070 D021500 N 070 E011500 Y 070 E021500 N 070 F011500 Y 070 F021500 N 070 G011500 Y 070 G021500 N 070 H011500 Y 070 H021500 N 070 I011500 N 070 I021500 N 070 J011500 Y 070 J021500 N 070 K011500 Y 070 K021500 Y 070 L011500 Y 070 L021500 Y 070 M011500 Y 070 M021500 Y 070 N011500 Y 070 N021500 N 070 O011500 Y 070 O021500 N 070 P011500 Y 070 P021500 N 070 Q011500 N 070 Q021500 N 070 R011500 Y 070 R021500 N 071 A000100 726049 071 B000100 1238692 071 C000100 7694172 071 D000100 9 071 A000300 77454 071 B000300 102147 071 C000300 461346 PAGE 38 071 D000300 17 071 A000500 65020 071 B000500 101543 071 C000500 650949 071 D000500 10 071 A000900 41575 071 B000900 100426 071 C000900 727423 071 D000900 6 071 A001000 56756 071 B001000 250647 071 C001000 1279571 071 D001000 4 071 A001100 24789 071 B001100 39315 071 C001100 87677 071 D001100 28 071 A001200 3086 071 B001200 3444 071 C001200 15956 071 D001200 19 071 A001300 7397 071 B001300 7037 071 C001300 42751 071 D001300 16 071 A001400 40592 071 B001400 13039 071 C001400 61478 071 D001400 21 071 A001500 2080 071 B001500 723 071 C001500 2088 071 D001500 35 072 A000100 6 072 B000100 0 072 C000100 72863 072 D000100 0 072 E000100 0 072 F000100 34232 072 G000100 0 072 H000100 0 072 I000100 5917 072 J000100 1321 072 K000100 0 072 L000100 962 072 M000100 61 072 N000100 144 072 O000100 0 072 P000100 0 072 Q000100 361 072 R000100 23 PAGE 39 072 S000100 61 072 T000100 3863 072 U000100 0 072 V000100 0 072 W000100 90 072 X000100 47035 072 Y000100 308 072 Z000100 26136 072AA000100 612634 072BB000100 105904 072CC010100 263697 072CC020100 0 072DD010100 27628 072DD020100 87006 072EE000100 0 072 A000300 6 072 B000300 0 072 C000300 4916 072 D000300 0 072 E000300 0 072 F000300 1982 072 G000300 0 072 H000300 0 072 I000300 580 072 J000300 81 072 K000300 0 072 L000300 139 072 M000300 14 072 N000300 38 072 O000300 0 072 P000300 0 072 Q000300 68 072 R000300 21 072 S000300 13 072 T000300 689 072 U000300 0 072 V000300 0 072 W000300 15 072 X000300 3640 072 Y000300 26 072 Z000300 1302 072AA000300 30434 072BB000300 9561 072CC010300 32474 072CC020300 0 072DD010300 3142 072DD020300 290 072EE000300 824 072 A000500 6 072 B000500 0 072 C000500 5636 PAGE 40 072 D000500 0 072 E000500 0 072 F000500 2619 072 G000500 0 072 H000500 0 072 I000500 414 072 J000500 19 072 K000500 0 072 L000500 86 072 M000500 13 072 N000500 43 072 O000500 0 072 P000500 0 072 Q000500 89 072 R000500 4 072 S000500 3 072 T000500 513 072 U000500 0 072 V000500 0 072 W000500 6 072 X000500 3809 072 Y000500 188 072 Z000500 2015 072AA000500 15293 072BB000500 9135 072CC010500 51070 072CC020500 0 072DD010500 1037 072DD020500 2435 072EE000500 3095 072 A000900 6 072 B000900 0 072 C000900 5979 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S001100 0 074 T001100 81838 074 U011100 3281 074 U021100 4027 074 V011100 0.00 074 V021100 0.00 074 W001100 0.0000 074 X001100 8251 074 Y001100 0 074 A001200 80 074 B001200 0 074 C001200 0 074 D001200 0 074 E001200 0 074 F001200 17347 074 G001200 0 074 H001200 0 074 I001200 505 074 J001200 0 074 K001200 0 074 L001200 94 074 M001200 37 074 N001200 18063 074 O001200 213 074 P001200 18 074 Q001200 0 074 R011200 0 074 R021200 0 074 R031200 0 074 R041200 66 074 S001200 0 074 T001200 17766 074 U011200 901 074 U021200 304 074 V011200 0.00 074 V021200 0.00 074 W001200 0.0000 074 X001200 1774 PAGE 50 074 Y001200 0 074 A001300 984 074 B001300 0 074 C001300 0 074 D001300 0 074 E001300 0 074 F001300 45597 074 G001300 0 074 H001300 0 074 I001300 7550 074 J001300 764 074 K001300 0 074 L001300 217 074 M001300 37 074 N001300 55149 074 O001300 262 074 P001300 41 074 Q001300 0 074 R011300 0 074 R021300 0 074 R031300 0 074 R041300 88 074 S001300 0 074 T001300 54758 074 U011300 1324 074 U021300 2354 074 V011300 0.00 074 V021300 0.00 074 W001300 0.0000 074 X001300 3289 074 Y001300 0 074 A001400 0 074 B001400 0 074 C001400 0 074 D001400 0 074 E001400 0 074 F001400 88457 074 G001400 0 074 H001400 0 074 I001400 2021 074 J001400 22 074 K001400 0 074 L001400 35049 074 M001400 44 074 N001400 125593 074 O001400 28432 074 P001400 4 074 Q001400 0 074 R011400 0 074 R021400 0 074 R031400 0 PAGE 51 074 R041400 270 074 S001400 0 074 T001400 96887 074 U011400 207 074 U021400 8122 074 V011400 0.00 074 V021400 0.00 074 W001400 0.0000 074 X001400 375 074 Y001400 0 074 A001500 2 074 B001500 0 074 C001500 0 074 D001500 0 074 E001500 0 074 F001500 2962 074 G001500 0 074 H001500 0 074 I001500 273 074 J001500 152 074 K001500 8 074 L001500 14 074 M001500 26 074 N001500 3437 074 O001500 284 074 P001500 0 074 Q001500 0 074 R011500 0 074 R021500 0 074 R031500 0 074 R041500 50 074 S001500 0 074 T001500 3103 074 U011500 15 074 U021500 250 074 V011500 0.00 074 V021500 0.00 074 W001500 0.0000 074 X001500 37 074 Y001500 0 075 A000100 0 075 B000100 8282085 075 A000300 0 075 B000300 508270 075 A000500 0 075 B000500 676024 075 A000900 0 075 B000900 839558 075 A001000 0 075 B001000 1354174 075 A001100 0 PAGE 52 075 B001100 90243 075 A001200 0 075 B001200 13978 075 A001300 0 075 B001300 50383 075 A001400 0 075 B001400 60971 075 A001500 0 075 B001500 2229 076 000100 0.00 076 000300 0.00 076 000500 0.00 076 000900 0.00 076 001000 0.00 076 001100 0.00 076 001200 0.00 076 001300 0.00 076 001400 0.00 076 001500 0.00 077 A000000 Y 077 B000000 N 077 C000000 Y 077 D000000 N 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 Y 077 J000000 N 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 Y 078 000000 N 080 C00AA00 0 081 B00AA00 0 082 B00AA00 0 083 B00AA00 0 084 B00AA00 0 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 PAGE 53 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 SIGNATURE KELLI GALLEGOS TITLE ASSISTANT VP & ASSISTANT TREASURER EX-99.77C 2 d400233dex9977c.txt EX-99.77C Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO ASIA PACIFIC GROWTH FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Asia Pacific Growth Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
The Meeting was adjourned until April 11, 2017, with respect to the following proposals: (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. Invesco Asia Pacific Growth Fund did not receive sufficient shareholder votes to pass Proposals 3 and 4(a) - (b). The results of the voting on the above matters were as follows: -------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- ---------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 8,723,433 675,439 337,176 5,004,761 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 8,978,252, 424,547 332,979 5,005,031 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 8,933,435 457,512 345,114 5,004,748
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO EUROPEAN GROWTH FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco European Growth Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
-------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- ---------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 18,454,381 846,480 555,225 5,342,722 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 18,954,192 463,074 438,835 5,342,707 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 18,895,597 512,686 447,808 5,342,714
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO GLOBAL GROWTH FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Global Growth Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
The Meeting was adjourned until April 11, 2017, with respect to the following proposals: (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. Invesco Global Growth Fund did not receive sufficient shareholder votes to achieve quorum. As a result, Proposals 3 and 4(a) - (b) have failed to pass. The results of the voting on the above matters were as follows: -------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- --------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 3,402,661 347,964 298,397 2,283,125 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 3,527,641 239,442 281,952 2,283,112 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 3,471,206 288,738 289,089 2,283,114
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO GLOBAL OPPORTUNITIES FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Global Opportunities Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
The Meeting was adjourned until April 11, 2017, with respect to the following proposals: (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. Invesco Global Opportunities Fund did not receive sufficient shareholder votes to pass Proposals 3 and 4(b). -------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds). The results of the voting on the above matters were as follows:
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- --------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 328,327 33,805 19,792 183,486 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 342,351 18,882 20,691 183,486
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO GLOBAL RESPONSIBILITY EQUITY FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Global Responsibility Equity Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414 (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities................... 100,232 0 0 191 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited....... 100,232 0 0 191
-------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds). Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO GLOBAL SMALL & MID CAP GROWTH FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Global Small & Mid Cap Growth Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
The Meeting was adjourned until April 11, 2017, with respect to the following proposals: (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. Invesco Global Small & Mid Cap Growth Fund did not receive sufficient shareholder votes to pass Proposals 3 and 4(a) - (b). The results of the voting on the above matters were as follows: -------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- --------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 6,972,595 979,758 575,415 5,695,427 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 7,382,922 551,159 593,697 5,695,417 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 7,289,304 642,976 595,493 5,695,422
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO INTERNATIONAL COMPANIES FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco International Companies Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414 (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities................... 3,206,725 2,127,082 206,003 17,699 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited....... 4,165,228 1,154,264 220,318 17,699
-------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds). Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO INTERNATIONAL CORE EQUITY FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco International Core Equity Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
-------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- --------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 3,482,523 383,246 209,292 822,591 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 3,575,987 278,995 220,082 882,588 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 3,509,376 344,856 220,832 822,588
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO INTERNATIONAL GROWTH FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco International Growth Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
-------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- ----------- --------- --------- ---------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 119,478,065 3,419,527 2,736,225 30,192,431 4(a) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco PowerShares Capital Management LLC................ 122,510,596 1,652,612 1,470,627 30,192,413 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 122,041,176 2,087,654 1,505,000 30,192,418
Sub-Item 77C SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS INVESCO SELECT OPPORTUNITIES FUND A Special Joint Meeting ("Meeting") of Shareholders of Invesco Select Opportunities Fund, an investment portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust ("Trust"), was held on March 9, 2017. The Meeting was held for the following purposes: (1) Elect 15 trustees to the Board, each of whom will serve until his or her successor is elected and qualified. (2) Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions. The results of the voting on the above matters were as follows:
Votes Matters Votes For Withheld ------- ----------- --------- (1)* David C. Arch................. 223,793,482 4,222,604 James T. Bunch................ 223,608,407 4,407,679 Bruce L. Crockett............. 223,732,174 4,283,912 Jack M. Fields................ 223,754,319 4,261,767 Martin L. Flanagan............ 223,733,398 4,282,688 Cynthia Hostetler............. 223,836,726 4,179,360 Dr. Eli Jones................. 223,800,044 4,216,042 Dr. Prema Mathai-Davis........ 223,783,907 4,232,179 Teresa M. Ressel.............. 223,875,345 4,140,741 Dr. Larry Soll................ 223,712,012 4,304,074 Ann Barnett Stern............. 223,807,006 4,209,080 Raymond Stickel, Jr........... 223,769,961 4,246,125 Philip A. Taylor.............. 223,765,649 4,250,437 Robert C. Troccoli............ 223,795,893 4,220,193 Christopher L. Wilson......... 223,789,451 4,226,635
Votes Votes Broker Votes For Against Abstain Non-Votes ----------- --------- --------- ---------- (2)* Approve an amendment to the Trust's Agreement and Declaration of Trust that would permit fund mergers and other significant transactions upon the Board's approval but without shareholder approval of such transactions.................. 163,839,392 8,368,018 3,110,262 52,698,414
The Meeting was adjourned until April 11, 2017, with respect to the following proposals: (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities. 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited. Invesco Select Opportunities Fund did not receive sufficient shareholder votes to pass Proposals 3 and 4(b). The results of the voting on the above matters were as follows: -------- * Each of proposal 1 and 2 required approval by a combined vote of all of the portfolios of AIM International Mutual Funds (Invesco International Mutual Funds).
Votes Votes Broker Matters Votes For Against Abstain Non-Votes ------- --------- ------- ------- --------- (3) Approve changing the fundamental investment restriction regarding the purchase or sale of physical commodities.............................. 1,423,000 99,898 75,346 1,224,141 4(b) Approve an amendment to the current Master Intergroup Sub-Advisory Contract to add Invesco Asset Management (India) Private Limited.......... 1,441,466 89,394 67,384 1,224,141
EX-99.77I 3 d400233dex9977i.txt EX-99.77I SUB-ITEM 77I TERMS OF NEW OR AMENDED SECURITIES AIM International Mutual Funds (Invesco International Mutual Funds) (AIMF) On April 4, 2017, AIM International Mutual Funds (Invesco International Mutual Funds) (AIMF) (the "Trust") commenced operations of Class R6 shares for the Invesco Asia Pacific Growth Fund, Invesco European Growth Fund and Invesco Global Small & Mid Cap Growth Fund (the "Funds"). Class R6 shares are sold at net asset value, and are not subject to an initial sales charge or to a CDSC. Shares of beneficial interest of the Trust are redeemable at their net asset value at the option of the shareholder or at the option of the Trust, in accordance with any applicable provisions of the Trust Agreement and applicable law, subject in certain circumstances to a contingent deferred sales charge. Each share of a Fund generally has the same voting, dividend, liquidation and other rights; however, each class of shares of a Fund is subject to different sales loads, conversion features, exchange privileges and class-specific expenses. Only shareholders of a specific class may vote on matters relating to that class's distribution plan. Shareholders of each Fund are entitled to one vote per share (with proportionate voting for fractional shares), irrespective of the relative net asset value of the shares of a Fund. However, on matters affecting an individual Fund or class of shares, a separate vote of shareholders of that Fund or class is required. Shareholders of a Fund or class are not entitled to vote on any matter which does not affect that Fund or class but that requires a separate vote of another Fund or class. An example of a matter that would be voted on separately by shareholders of each Fund is the approval of the advisory agreement with Invesco Advisers, Inc. (the Adviser or Invesco). When issued, shares of each Fund are fully paid and nonassessable, have no preemptive or subscription rights, and are freely transferable. Class R6 shares do not have cumulative voting rights in connection with the election of Trustees or on any other matter. Upon any liquidation of the Trust, shareholders of each class are entitled to share pro rata in the net assets belonging to the applicable Fund allocable to such class available for distribution after satisfaction of, or reasonable provision for, the outstanding liabilities of the Fund allocable to such class. Under Delaware law, shareholders of a Delaware statutory trust shall be entitled to the same limitation of personal liability extended to shareholders of private for-profit corporations organized under Delaware law. There is a remote possibility, however, that shareholders could, under certain circumstances, be held liable for the obligations of the Trust to the extent the courts of another state, which does not recognize such limited liability, were to apply the laws of such state to a controversy involving such obligations. The Agreement and Declaration of Trust, as amended or restated from time to time, (the "Trust Agreement") disclaims shareholder personal liability for the debts, liabilities, obligations and expenses of the Trust and requires that every undertaking of the Trust or the Board relating to the Trust or any Fund include a recitation limiting such obligation to the Trust and its assets or to one or more Funds and the assets belonging thereto. The Trust Agreement provides for indemnification out of the property of a Fund (or Class, as applicable) for all losses and expenses of any shareholder of such Fund held personally liable solely on account of being or having been a shareholder. EX-99.77Q1A 4 d400233dex9977q1a.txt EX-99.77Q1A Sub-Item 77Q1(a) SECOND AMENDED AND RESTATED BYLAWS OF AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) A DELAWARE STATUTORY TRUST Adopted effective October 26, 2016 Capitalized terms not specifically defined herein shall have the meanings ascribed to them in the Trust's Third Amended and Restated Agreement and Declaration of Trust (the "Agreement"). ARTICLE I OFFICES Section 1. Registered Office. The registered office of AIM International Mutual Funds (Invesco International Mutual Funds) (the "Trust") shall be as set forth in the Certificate of Trust. Section 2. Other Offices. The Trust may also have offices at such other places (including a principal office) both within and without the State of Delaware as the Trustees may from time to time determine or the business of the Trust may require. ARTICLE II TRUSTEES Section 1. Meetings of the Trustees. The Trustees of the Trust may hold meetings, both regular and special, either within or without the State of Delaware. Subject to any applicable requirements of the 1940 Act, (i) any meeting, regular or special, of the Board of Trustees (or any committee or sub-committee thereof) may be held by conference telephone or similar communications equipment, by means of which all persons participating in the meeting can hear each other at the same time, and participation by such means shall constitute presence in person at a meeting and (ii) at all meetings of the Trustees, every Trustee shall be entitled to vote by proxy, provided that such proxy shall, before or after such meeting, be delivered to the Secretary or other person responsible for recording the proceedings of such meeting. To the extent permitted by the 1940 Act, a Trustee may provide any proxy through written, electronic, telephonic, computerized, facsimile, telecommunications, telex or by any other form of communication. Section 2. Regular Meetings. Regular meetings of the Board of Trustees shall be held each year, at such time and place as the Board of Trustees may determine. Section 3. Notice of Meetings. Notice of the time, date, and place of all meetings of the Board of Trustees and any committee or sub-committee thereof shall be given to each Trustee, committee member or sub-committee member, as applicable, (i) by telephone, telex, telegram, facsimile, electronic-mail, or other electronic mechanism to his or her home or business at least twenty-four hours in advance of the meeting, or, in the case of a meeting called for the purpose of considering the institution of a liquidity fee or the temporary suspension of redemptions in accordance with Rule 2a-7 under the 1940 Act, two hours, or (ii) in person at another meeting of the Board of Trustees or such committee or sub-committee, as applicable, or (iii) by written notice mailed or sent via overnight courier to his or her home or 1 business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee, committee member or sub-committee member who attends a meeting of the Board of Trustees or any committee or sub-committee thereof without objecting to the lack of notice or who signs a waiver of notice either before or after such meeting. Section 4. Quorum. At all meetings of the Board of Trustees and any committee or sub-committee thereof, one-third of the Trustees then in office or one-third of the committee members or sub-committee members (but in no event less than two Trustees), as applicable, shall constitute a quorum for the transaction of business. The act of a majority of the Trustees, committee members or sub-committee members, including a majority of such Trustees, committee members or sub-committee members who are not Interested Persons, shall be the act of the Board of Trustees or such committee or sub-committee, as applicable, except for any higher voting requirement as may be specifically provided by applicable law or by the Agreement or these Bylaws. If a quorum shall not be present at any meeting of the Board of Trustees or any committee or sub-committee thereof, the Trustees, committee members or sub-committee members, as applicable, present thereat may adjourn such meeting from time to time, without notice other than announcement at the meeting, until a quorum shall be present. Any action that may be taken by the Board of Trustees or any committee or sub-committee thereof by majority vote at a meeting duly called and at which a quorum required by the Bylaws is present, may also be taken by written consent of at least seventy-five percent (75%) of the Trustees or members of the committee or sub-committee, as the case may be, without a meeting, provided that the writing or writings are filed with the minutes of proceedings of the Board or committee or sub-committee. Written consents or waivers of the Trustees may be executed in one or more counterparts. Any written consent or waiver may be provided and delivered to the Trust by any means by which notice may be given to a Trustee. Subject to the requirements of the Governing Instrument and the 1940 Act, the Trustees by Majority Trustee Vote may delegate to any Trustee or Trustees or committee or sub-committee of Trustees, officer or officers of the Trust or any agent of the Trust authority to approve particular matters or take particular actions on behalf of the Trust or any Portfolio. Section 5. Designation, Powers, and Names of Committees; Sub-Committees; Committee Charters. (a) The Board of Trustees shall have at a minimum the following five committees: (1) an Audit Committee; (2) a Governance Committee; (3) an Investments Committee; (4) a Valuation, Distribution and Proxy Oversight Committee; and (5) a Compliance Committee. Each such Committee shall have a written Charter governing its membership, duties and operations, and the Board shall designate the powers of each such Committee in its Charter. The Board of Trustees may terminate any such Committee by an amendment to these Bylaws. The Board of Trustees may, by resolution passed by a majority of the whole Board, establish one or more sub-committees of each such Committee, and the membership, duties and operations of each such sub-committee shall be set forth in the written Charter of the applicable Committee. (b) The Board of Trustees may, by resolution passed by a majority of the whole Board, designate one or more additional committees, including ad hoc committees to address specified issues, each of which may, if deemed advisable by the Board of Trustees, have a written Charter. Each such additional committee shall consist of two or more of the Trustees of the Trust, provided that a majority of members of each committee shall not be Interested Persons. The Board may designate one or more Trustees as alternate members of 2 any such additional committee, who may replace any absent or disqualified member at any meeting of such committee. Each such additional committee, to the extent provided in the resolution and/or in such committee's Charter, if applicable, shall have and may exercise the powers of the Board of Trustees in the management of the business and affairs of the Trust; provided, however, that in the absence or disqualification of any member of such committee or committees, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another member of the Board of Trustees to act at the meeting in the place of any such absent or disqualified member. Such additional committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Board of Trustees and/or as set forth in the written Charter of such committee or committees, if applicable. Section 6. Chair; Vice Chair. The Board of Trustees shall have a Chair, who shall be a Trustee who is not an Interested Person. The Chair shall be elected by a majority of the Trustees, including a majority of the Trustees who are not Interested Persons. The Board of Trustees may also have a Vice Chair, who shall be a Trustee. The Vice Chair shall be elected by a majority of the Trustees, including a majority of the Trustees who are not Interested Persons. The Chair shall preside at all meetings of the Shareholders and the Board of Trustees, if the Chair is present, and shall approve the agendas of all meetings of the Shareholders and the Board of Trustees. The Chair shall have such other powers and duties as shall be determined by the Board of Trustees, and shall undertake such other assignments as may be requested by the Board of Trustees. If the Chair shall not be present, the Vice Chair, if any, shall preside at all meetings of the Shareholders and the Board of Trustees, if the Vice Chair is present. The Vice Chair shall have such other powers and duties as shall be determined by the Chair or the Board of Trustees, and shall undertake such other assignments as may be requested by the Chair or the Board of Trustees. ARTICLE III OFFICERS Section 1. Executive Officers. The executive officers shall include a Principal Executive Officer, a President, one or more Vice Presidents, which may include one or more Executive Vice Presidents and/or Senior Vice Presidents (the number thereof to be determined by the Board of Trustees), a Principal Financial Officer, a Chief Legal Officer, a Chief Compliance Officer, a Senior Officer, a Treasurer, a Secretary and an Anti-Money Laundering Compliance Officer. The Board of Trustees may also in its discretion appoint Assistant Vice Presidents, Assistant Secretaries, Assistant Treasurers, and other officers, agents and employees, who shall have such authority and perform such duties as the Board may determine. The Board of Trustees may fill any vacancy that may occur in any office. Any two offices, except for those of President and Vice President, may be held by the same person, but no officer shall execute, acknowledge or verify any instrument on behalf of the Trust in more than one capacity, if such instrument is required by law or by these Bylaws to be executed, acknowledged or verified by two or more officers. Section 2. Term of Office. Unless otherwise specifically determined by the Board of Trustees, the officers shall serve at the pleasure of the Board of Trustees. If the Board of Trustees in its judgment finds that the best interests of the Trust will be served, the Board of Trustees may remove any officer of the Trust at any time with or without cause. The Trustees may delegate this power to the President (without supervision by the Trustees) with respect to any other officer, except the Senior Officer. Such removal shall be without prejudice to the 3 contract rights, if any, of the person so removed. Any officer may resign from office at any time by delivering a written resignation to the Trustees or the President. Unless otherwise specified therein, such resignation shall take effect upon delivery. Section 3. Principal Executive Officer. The Principal Executive Officer shall be the chief executive officer of the Trust and shall generally manage the business and affairs of the Trust. The Principal Executive Officer shall be responsible for making the certifications required of the Trust's principal executive officer by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder by the Securities and Exchange Commission (the "Commission"). Section 4. President; Vice Presidents. The President and one or more Vice Presidents, which may include one or more Executive Vice Presidents and/or Senior Vice Presidents, shall have and exercise such powers and duties of the Principal Executive Officer in the absence or inability to act of the Principal Executive Officer, as may be assigned to them, respectively, by the Board of Trustees or, to the extent not so assigned, by the Principal Executive Officer. In the absence or inability to act of the Principal Executive Officer, the powers and duties of the Principal Executive Officer not otherwise assigned by the Board of Trustees or the Principal Executive Officer shall devolve first upon the President, then upon the Executive Vice Presidents, then upon the Senior Vice Presidents, and finally upon the Vice Presidents, all in the order of their election. If both the Chair and the Vice Chair are absent, or if the Chair is absent and there is no Vice Chair, the President shall, if present, preside at all meetings of the Shareholders and the Board of Trustees. Section 5. Principal Financial Officer. The Principal Financial Officer, who shall also have a title of at least Vice President, shall be the chief financial officer of the Trust and shall generally manage the financial affairs of the Trust. The Principal Financial Officer shall be responsible for making the certifications required of the Trust's principal financial officer by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder. Section 6. Chief Legal Officer. The Chief Legal Officer, who shall also have a title of at least Senior Vice President, shall generally manage the legal affairs of the Trust. The Chief Legal Officer shall be responsible for receiving up-the-ladder reports within the Trust of any evidence of material violations of securities laws or breaches of fiduciary duty or similar violations by the Trust, as required by Section 307 of the Sarbanes-Oxley Act of 2002 and the rules promulgated thereunder. Section 7. Chief Compliance Officer. The Chief Compliance Officer, who shall also have a title of at least Senior Vice President, shall be responsible for administering the Trust's policies and procedures adopted pursuant to Rule 38a-1(a)(1) under the 1940 Act. Section 8. Senior Officer. The Senior Officer, who shall also have a title of at least Senior Vice President, shall be employed by or on behalf of the Trust and shall have such powers and duties as are set forth in such Senior Officer's Executive Employment Agreement. Section 9. Treasurer. The Treasurer shall have the care and custody of the funds and securities of the Trust and shall deposit the same in the name of the Trust in such bank or banks or other depositories, subject to withdrawal in such manner as these Bylaws or the Board of Trustees may determine. The Treasurer shall, if required by the Board of Trustees, give such bond for the faithful discharge of duties in such form as the Board of Trustees may require. 4 Section 10. Secretary. The Secretary shall (a) have custody of the seal of the Trust, if any; (b) if requested, attend meetings of the Shareholders, the Board of Trustees, and any committees or sub-committees of Trustees; (c) keep or cause to be kept the minutes of all meetings of Shareholders, the Board of Trustees and any committees or sub-committees thereof, and (d) issue all notices of the Trust. The Secretary shall have charge of the Shareholder records and such other books and papers as the Board may direct, and shall perform such other duties as may be incidental to the office or which are assigned by the Board of Trustees. Section 11. Anti-Money Laundering Compliance Officer. The Anti-Money Laundering Compliance Officer shall have such powers and duties as are set forth in the Anti-Money Laundering Program adopted by the Trust pursuant to the USA PATRIOT Act of 2001 and the rules promulgated thereunder, as such Program may be amended from time to time. Section 12. Assistant Officers. Assistant officers, which may include one or more Assistant Vice Presidents, Assistant Secretaries and Assistant Treasurers, shall perform such functions and have such responsibilities as the Board of Trustees may assign to them or, to the extent not so assigned, by the President, Vice President(s), Secretary or Treasurer, as applicable. Section 13. Surety Bond. The Trustees may require any officer or agent of the Trust to execute a bond (including, without limitation, any bond required by the 1940 Act and the rules and regulations of the Commission) to the Trust in such sum and with such surety or sureties as the Trustees may determine, conditioned upon the faithful performance of his or her duties to the Trust, including responsibility for negligence and for the accounting of any of the Trust's property, funds, or securities that may come into his or her hands. Section 14. Authorized Signatories. Unless a specific officer is otherwise designated in these Bylaws or in a resolution adopted by the Board of Trustees, the proper officers of the Trust for executing agreements, documents and instruments other than Internal Revenue Service forms shall be the Principal Executive Officer, the President, any Vice President, the Principal Financial Officer, the Chief Legal Officer, the Chief Compliance Officer, the Senior Officer, the Treasurer, the Secretary, the Anti-Money Laundering Compliance Officer, any Assistant Vice President, any Assistant Treasurer or any Assistant Secretary. Unless a specific officer is otherwise designated in these Bylaws or in a resolution adopted by the Board of Trustees, the proper officers of the Trust for executing any and all Internal Revenue Service forms shall be the Principal Executive Officer, the President, any Vice President, the Principal Financial Officer, the Treasurer, the Secretary, any Assistant Treasurer or any Assistant Secretary. ARTICLE IV MEETINGS OF THE SHAREHOLDERS Section 1. Purpose. All meetings of the Shareholders for the election of Trustees shall be held at such place as may be fixed from time to time by the Trustees, or at such other place either within or without the State of Delaware as shall be designated from time to time by the Trustees and stated in the notice indicating that a meeting has been called for such purpose. Meetings of the Shareholders may be held for any purpose determined by the Trustees and may be held at such time and place, within or without the State of Delaware as shall be stated in the notice of the meeting or in a duly executed waiver of notice thereof. At all 5 meetings of the Shareholders, every Record Owner entitled to vote on a matter to be voted on by such Shares shall be entitled to vote on such matter at such meeting either in person or by written proxy signed by the Record Owner or by his duly authorized attorney in fact. A Record Owner may duly authorize such attorney in fact through written, electronic, telephonic, computerized, facsimile, telecommunication, telex or oral communication or by any other form of communication. Section 2. Nomination of Trustees. (a) Any Shareholder may submit names of individuals to be considered by the Governance Committee or the Board of Trustees for election as trustees of the Trust, as applicable, provided, however, (i) that such person submits such names in a timely manner as set out in Section 2 of Article V hereof, (ii) that such person was a shareholder of record at the time of submission of such names and is entitled to vote at the meeting, and (iii) that the Governance Committee or the Board of Trustees, as applicable, shall make the final determination of persons to be nominated. (b) The process and procedures for the nomination of persons for election or appointment as trustees of the Trust by the Trustees shall be set forth in the written Charter for the Governance Committee of the Board of Trustees. Section 3. Election of Trustees. All meetings of the Shareholders for the purpose of electing Trustees shall be held on such date and at such time as shall be designated from time to time by the Trustees and stated in the notice of the meeting, at which the Shareholders shall elect by a plurality vote any number of Trustees as the notice for such meeting shall state are to be elected, and transact such other business as may properly be brought before the meeting in accordance with Section 1 of this Article IV. Section 4. Annual Meetings. There shall be no annual meetings of the Shareholders for the election of Trustees or the transaction of any other business except as required by the 1940 Act or other applicable federal law. In the event any annual meeting of the Shareholders is to be held, it shall be held at the principal executive office of the Trust or as otherwise determined by the Board of Trustees. Section 5. Special Meetings. Special meetings of the Shareholders shall be held as provided herein or in the Agreement or as otherwise required by the 1940 Act or other applicable federal law. Except as required by federal law including the 1940 Act, the Shareholders shall not be entitled to call, or to have the Secretary call, special meetings of the Shareholders. To the extent required by federal law including the 1940 Act, special meetings of the Shareholders shall be called by the Secretary upon the request of the Shareholders owning Shares representing at least the percentage of the total combined votes of all Shares of the Trust issued and outstanding required by federal law including the 1940 Act, provided that (a) such request shall state the purposes of such meeting and the matters proposed to be acted on, and (b) the Shareholders requesting such meeting shall have paid to the Trust the reasonably estimated cost of preparing and mailing the notice thereof, which the Secretary shall determine and specify to such Shareholders. Section 6. Notice of Meetings. Written notice of a special meeting stating the place, date, and hour of the meeting and the purpose or purposes for which the meeting is called, shall be given not less than ten days before the date of the meeting, to each Shareholder entitled to 6 vote at such meeting in accordance with Article V hereof. No notice of any meeting need be given to any Shareholder who attends such meeting in person or to any Shareholder who waives notice of such meeting (which waiver shall be filed with the records of such meeting), whether before or after the time of the meeting. In the absence of fraud, any irregularities in the notice of any meeting or the nonreceipt of any such notice by any of the Shareholders shall not invalidate any action otherwise properly taken at any such meeting. Section 7. Conduct of Special Meeting. Business transacted at any special meeting of the Shareholders shall be limited to (i) the purpose stated in the notice and (ii) the adjournment of such special meeting with regard to such stated purpose. Section 8. Quorum. The holders of one-third of the Outstanding Shares entitled to vote thereat, present in person or represented by proxy, shall constitute a quorum at all meetings of the Shareholders for the transaction of business except as otherwise provided by applicable law or by the Agreement. Notwithstanding the preceding sentence, with respect to any matter which by applicable law or by the Agreement requires the separate approval of one or more Classes or Portfolios, the holders of one-third of the Outstanding Shares of each such Class or Portfolio (or of such Classes or Portfolios voting together as a single class) entitled to vote on the matter shall constitute a quorum. If, however, such quorum shall not be present or represented at any meeting of the Shareholders, the vote of the holders of a majority of Shares cast shall have power to adjourn the meeting from time to time in accordance with Article IV, Section 16 hereof, without notice other than announcement at the meeting, until a quorum shall be present or represented. At such adjourned meeting, at which a quorum shall be present or represented, any business may be transacted which might have been transacted at the meeting as originally notified. Section 9. Organization of Meetings. (a) The meetings of the Shareholders shall be presided over by the Chair, or if the Chair shall not be present, by the Vice Chair, if any, or if the Vice Chair shall not be present or if there is no Vice Chair, by the President, or if the President shall not be present, by a Vice President, or if no Vice President is present, by a chair appointed for such purpose by the Board of Trustees or, if not so appointed, by a chair appointed for such purpose by the officers and Trustees present at the meeting. The Secretary of the Trust, if present, shall act as secretary of such meetings, or if the Secretary is not present, an Assistant Secretary of the Trust shall so act, and if no Assistant Secretary is present, then a person designated by the Secretary of the Trust shall so act, and if the Secretary has not designated a person, then the meeting shall elect a secretary for the meeting. (b) The Board of Trustees of the Trust shall be entitled to make such rules and regulations for the conduct of meetings of the Shareholders as it shall deem necessary, appropriate or convenient. Subject to such rules and regulations of the Board of Trustees, if any, the chair of the meeting shall have the right and authority to prescribe such rules, regulations and procedures and to do all such acts as, in the judgment of such chair, are necessary, appropriate or convenient for the proper conduct of the meeting, including, without limitation, establishing: an agenda or order of business for the meeting; rules and procedures for maintaining order at the meeting and the safety of those present; limitations on participation in such meeting to shareholders of record of the Trust and their duly authorized and constituted proxies, and such other persons as the chair shall permit; restrictions on entry to the meeting after the time fixed for the commencement thereof; limitations on the time allotted to questions 7 or comments by participants; and regulation of the opening and closing of the polls for balloting on matters which are to be voted on by ballot, unless and to the extent the Board of Trustees or the chair of the meeting determines that meetings of the Shareholders shall not be required to be held in accordance with the rules of parliamentary procedure. Section 10. Voting Standard. When a quorum is present at any meeting, the vote of the holders of a majority of the Shares cast shall decide any question brought before such meeting, unless the question is one on which, by express provision of applicable law, the Agreement, these Bylaws, or applicable contract, a different vote is required, in which case such express provision shall govern and control the decision of such question. Section 11. Voting Procedure. Each whole Share shall be entitled to one vote, and each fractional Share shall be entitled to a proportionate fractional vote. On any matter submitted to a vote of the Shareholders, all Shares shall be voted together, except when required by applicable law or when the Trustees have determined that the matter affects the interests of one or more Portfolios (or Classes), then only the Shareholders of such Portfolios (or Classes) shall be entitled to vote thereon. Section 12. Action Without Meeting. Unless otherwise provided in the Agreement or applicable law, any action required to be taken at any meeting of the Shareholders, or any action which may be taken at any meeting of the Shareholders, may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed by the holders of Outstanding Shares having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all Shares entitled to vote thereon were present and voted. Prompt notice of the taking of any such action without a meeting by less than unanimous written consent shall be given to those Shareholders who have not consented in writing. Section 13. Broker Non-Votes. At any meeting of the Shareholders the Trust will consider broker non-votes as present for purposes of determining whether a quorum is present at the meeting. Broker non-votes will not count as votes cast for or against any proposals. Section 14. Abstentions. At any meeting of the Shareholders the Trust will consider abstentions as present for purposes of determining whether a quorum is present at the meeting. Abstentions will not count as votes cast for or against any proposals. Section 15. Record Date for Shareholder Meetings and Consents. In order that the Trustees may determine the Shareholders entitled to notice of or to vote at any meeting of the Shareholders or any adjournment thereof, or to express consent to action in writing without a meeting, the Board of Trustees may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Trustees, and which record date shall not be more than ninety nor less than ten days before the original date upon which the meeting of the Shareholders is scheduled, nor more than ten days after the date upon which the resolution fixing the record date is adopted by the Board of Trustees for action by shareholder consent in writing without a meeting. A determination of shareholders of record entitled to notice of or to vote at a meeting of the Shareholders shall apply to any adjournment of the meeting; provided, however, that the Board of Trustees may fix a new record date for the adjourned meeting so long as notice of the adjournment and the new record and meeting dates are given to the Shareholders. 8 Section 16. Postponements and Adjournments. Prior to the date upon which any meeting of Shareholders is to be held, the Board of Trustees may postpone such meeting one or more times for any reason by giving notice to each Shareholder entitled to vote at the meeting so postponed of the place, date and hour at which such meeting will be held. Such notice shall be given not fewer than two (2) days before the date of such meeting and otherwise in accordance with Article V. A meeting of the Shareholders convened on the date for which it was called may be adjourned from time to time without further notice to the Shareholders to a date not more than 120 days after the original record date. A meeting of the Shareholders may not be adjourned for more than 120 days after the original record date for such meeting without giving the Shareholders notice of the adjournment and the new meeting date. Except as otherwise set forth in Article IV, Section 8 hereof, the vote of the holders of one-third of the Shares cast shall be required in order to adjourn a meeting of the Shareholders with regard to a particular proposal scheduled to be voted on at such meeting or to adjourn such meeting entirely. Section 17. Voting - Proxies. At all meetings of the Shareholders, every Shareholder of record entitled to vote thereat shall be entitled to vote either in person or by proxy, which term shall include proxies provided by such Shareholder, or his duly authorized attorney, through written, electronic, telephonic, computerized, facsimile, telecommunications, telex or oral communication or by any other form of communication, each pursuant to such voting procedures and through such systems as are authorized by the Board of Trustees or any officer of the Trust. Proxies may be solicited in the name of one or more Trustees or one or more officers of the Trust. Unless the proxy provides otherwise, it shall not be valid for more than eleven (11) months before the date of the meeting. All proxies shall be delivered to the secretary or other person responsible for recording the proceedings before being voted. A valid proxy which does not state that it is irrevocable shall continue in full force and effect unless (i) revoked by the person executing it before the vote pursuant to that proxy is taken (a) by a writing delivered to the Trust stating that the proxy is revoked, (b) by a subsequent proxy executed by such person, (c) attendance at the meeting and voting in person by the person executing that proxy, or (d) revocation by such person using any electronic, telephonic, computerized or other alternative means authorized by the Trustees for authorizing the proxy to act; or (ii) written notice of the death or incapacity of the maker of that proxy is received by the Trust before the vote pursuant to that proxy is counted. Unless revoked, any proxy given in connection with a postponed or adjourned meeting for which a new record date is fixed shall continue to be valid so long as the Shareholder giving such proxy is a Shareholder of record on such new such record date. A proxy with respect to Shares held in the name of two or more persons shall be valid if executed by one of them unless at or prior to exercise of such proxy the Trust receives a specific written notice to the contrary from any one of them in which case such proxy shall not be valid and no vote shall be received in respect of such Shares unless all persons holding such Shares shall agree on their manner of voting. Unless otherwise specifically limited by their terms, proxies shall entitle the Shareholder to vote at any adjournment of a Shareholders' meeting. Section 18. Concerning Validity of Proxies, Ballots, Etc. At every meeting of the Shareholders, all proxies shall be received and taken in charge of and all ballots shall be received and canvassed by the secretary of the meeting, who shall decide all questions touching the qualification of voters, the validity of proxies, and the acceptance or rejection of 9 votes, unless inspectors of election shall have been appointed as provided below in this section, in which event such inspectors of election shall decide all such questions. A proxy purporting to be executed by or on behalf of a Shareholder shall be deemed valid unless challenged at or prior to its exercise, and the burden of proving invalidity shall rest on the challenger. Subject to the provisions of the Delaware Act, the Agreement, or these By-laws, the General Corporation Law of the State of Delaware relating to proxies, and judicial interpretations thereunder, shall govern all matters concerning the giving, voting or validity of proxies, as if the Trust were a Delaware corporation and the Shareholders were stockholders of a Delaware corporation. At any election of Trustees, the Board of Trustees prior thereto may, or, if they have not so acted, the chairman of the meeting may, appoint one or more inspectors of election who shall first subscribe an oath or affirmation to execute faithfully the duties of inspector at such election with strict impartiality and according to the best of their ability, and shall after the election make a certificate of the result of the vote taken. No candidate for the office of Trustee shall be appointed as an inspector. The chairman of the meeting may cause a vote by ballot to be taken upon any election or matter, and, to the extent required by federal law including the 1940 Act, but only to such extent, such vote shall be taken upon the request of the Shareholders owning Shares representing ten percent (10%) or more of the total combined votes of all Shares of the Trust issued and outstanding and entitled to vote on such election or matter. ARTICLE V NOTICES Section 1. Methods of Giving Notice. Whenever, under the provisions of applicable law or of the Agreement or of these Bylaws, notice is required to be given to any Trustee or Shareholder, it shall not, unless otherwise provided herein, be construed to mean personal notice, but such notice may be given orally in person, or by telephone (promptly confirmed in writing) or in writing, by mail addressed to such Trustee at his or her last given address or to such Shareholder at his address as it appears on the records of the Trust, with postage thereon prepaid, and such notice shall be deemed to be given at the time when the same shall be deposited in the United States mail. Notice to Trustees or members of a committee or sub-committee may also be given by telex, telegram, facsimile, electronic-mail or via overnight courier. If sent by telex or facsimile, notice to a Trustee or member of a committee or sub-committee shall be deemed to be given upon transmittal; if sent by telegram, notice to a Trustee or member of a committee or sub-committee shall be deemed to be given when the telegram, so addressed, is delivered to the telegraph company; if sent by electronic-mail, notice to a Trustee or member of a committee or sub-committee shall be deemed to be given and shall be presumed valid when the Trust's electronic-mail server reflects the electronic-mail message as having been sent; and if sent via overnight courier, notice to a Trustee or member of a committee or sub-committee shall be deemed to be given when delivered against a receipt therefor. Section 2. Annual Meeting Notice Requirements for Nominations and Proposals by Shareholders. 10 (a) For nominations or other business to be properly brought before any annual meeting by a Shareholder, the Shareholder must have given timely notice thereof in writing to the Secretary of the Trust and such other business must otherwise be a proper matter for action by Shareholders. To be timely, a Shareholder's notice shall be delivered to the Secretary at the principal executive offices of the Trust not later than the close of business on the 90th day, nor earlier than the close of business on the 120th day, prior to the first anniversary of the preceding year's annual meeting; provided, however, that in the event that the date of the annual meeting is advanced by more than 30 days or delayed by more than 60 days from such anniversary date or if the Trust did not hold an annual meeting in the previous year, notice by the Shareholder to be timely must be so delivered not earlier than the close of business on the 120th day prior to such annual meeting and not later than the close of business on the later of the 90th day prior to such annual meeting or the tenth day following the day on which public announcement of the date of such meeting is first made by the Trust. In no event shall the public announcement of a postponement or adjournment of an annual meeting to a later date or time commence a new time period for the giving of a Shareholder's notice as described above. Such Shareholder's notice shall set forth (A) as to each person whom the Shareholder proposes to nominate for election or reelection as a Trustee all information relating to such person that is required to be disclosed in solicitations of proxies for election of Trustees in an election contest, or is otherwise required, in each case pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended (the "Exchange Act") (including such person's written consent to being named in the proxy statement as a nominee and to serving as a Trustee if elected); (B) as to any other business that the Shareholder proposes to bring before the meeting, a brief description of the business desired to be brought before the meeting, the reasons for conducting such business at the meeting and any material interest in such business of such Shareholder and of the beneficial owner, if any, on whose behalf the proposal is made; and (C) as to the Shareholder giving the notice and the beneficial owner, if any, on whose behalf the nomination or proposal is made, (i) the name and address of such Shareholder, as they appear on the Trust's books, and of such beneficial owner and (ii) the number of shares of each Class of Shares of the Portfolio which are owned beneficially and of record by such Shareholder and such beneficial owner. (b) Notwithstanding anything in the second sentence of paragraph (a) of this Section 2 to the contrary, in the event that the number of Trustees to be elected to the Board of Trustees is increased and there is no public announcement by the Trust naming all of the nominees for Trustee or specifying the size of the increased Board of Trustees at least 100 days prior to the first anniversary of the preceding year's annual meeting, a Shareholder's notice required by this Section 2 shall also be considered timely, but only with respect to nominees for any new positions created by such increase, if it shall be delivered to the Secretary at the principal executive offices of the Trust not later than the close of business on the tenth day following the day on which such public announcement is first made by the Trust. Section 3. Special Meeting Notice Requirement for Nominations and Proposals by Shareholders. Only such business shall be conducted at a special meeting of the Shareholders as shall have been brought before the meeting pursuant to the Trust's notice of meeting. Nominations of persons for election to the Board of Trustees may be made at a special meeting of the Shareholders at which Trustees are to be elected (A) pursuant to the Trust's notice of meeting, (B) by or at the direction of the Board of Trustees or (C) provided that the Board of Trustees has determined that Trustees shall be elected at such special meeting, by any Shareholder of the Trust who is a Shareholder of record both at the time of giving of notice provided for in Section 2(a) of this Article V and at the time of the special meeting, who is 11 entitled to vote at the meeting and who complied with the notice procedures set forth in Section 2(a) of this Article V. In the event the Trust calls a special meeting of the Shareholders for the purpose of electing one or more Trustees to the Board of Trustees, any such Shareholder may nominate a person or persons (as the case may be) for election to such position as specified in the Trust's notice of meeting, if the Shareholder's notice containing the information required by this Section 2(a) shall be delivered to the Secretary at the principal executive offices of the Trust not earlier than the close of business on the 120th day prior to such special meeting and not later than the close of business on the later of the 90th day prior to such special meeting or the tenth day following the day on which public announcement is first made of the date of the special meeting and of the nominees proposed by the Board of Trustees to be elected at such meeting. In no event shall the public announcement of a postponement or adjournment of a special meeting to a later date or time commence a new time period for the giving of a Shareholder's notice as described above. Section 4. Written Waiver. Whenever any notice is required to be given under the provisions of applicable law or of the Agreement or of these Bylaws, a waiver thereof in writing, signed by the person or persons entitled to said notice, whether before or after the time stated therein, shall be deemed equivalent thereto. ARTICLE VI CERTIFICATES OF SHARES AND SHARE OWNERSHIP Section 1. Share Ownership and Transfer of Shares. All Shares issued by the Trust shall be uncertificated, and any certificates previously issued with respect to any Shares are deemed to be cancelled without any requirement for surrender to the Trust. The Trustees shall make such rules as they consider appropriate for the transfer of Shares and similar matters. With respect to any Shares for which a certificate was previously issued and remains outstanding, upon receipt of any request for transfer of Shares evidenced by a share certificate upon surrender to the Trust or the transfer agent of the Trust of such certificate for Shares duly endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, the Trust shall cancel the old certificate and record the transaction and the ownership of uncertificated Shares upon its books. No Shareholder shall have the right to demand or require that a certificate be issued to him, her or it. Section 2. Shareholder Book. The Trust shall keep or cause to be kept a Shareholder book, which may be maintained by means of computer systems, containing the names, alphabetically arranged, of all persons who are shareholders of the Trust, showing their places of residence, the number and Class of any Shares held by them, respectively, and the dates when they became the record owners thereof. Section 3. Registered Shareholders. The ownership of Shares shall be recorded on the books of the Trust or a transfer or similar agent for the Trust, which books shall contain the names and addresses of the Shareholders and the Shares held by each Shareholder. The record books of the Trust as kept by the Trust or any transfer or similar agent, as the case may be, shall be conclusive as to the identity of the Shareholders of each Portfolio and Class and as to the number of Shares of the Trust and of each Portfolio and Class held from time to time by each Shareholder. The Trust shall be entitled to recognize the exclusive right of a person registered on its books as the owner of Shares to receive dividends, and to vote as such owner, and shall not be bound to recognize any equitable or other claim of interest in such Share or Shares on the part of any other person, whether or not it shall have express or other notice 12 hereof. No Shareholder shall be entitled to receive payment of any distribution or to have notice given to such Shareholder of any meeting or other action in respect of the Trust or any Portfolio or Class until such Shareholder has given its address and such other information as shall be required to such officer or agent of the Trust or such Portfolio or Class as shall keep the record books of the Trust or such Portfolio or Class for entry thereof. Section 4. Record Date for Receiving Dividends and Other Actions. In order that the Trustees may determine the Shareholders entitled to receive payment of any dividend or other distribution of allotment of any rights, or entitled to exercise any rights in respect of any change, conversion or exchange of Shares or for the purpose of any other lawful action, the Board of Trustees may fix a record date, which record date (i) shall be set forth in the resolution or resolutions authorizing the payment of such dividend or other lawful action and (ii) shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Trustees. ARTICLE VII GENERAL PROVISIONS Section 1. Seal. The Board of Trustees may provide that the Trust have a business seal. The business seal shall have inscribed thereon the name of the statutory trust, the state of its organization, the year of its organization and the words "Business Trust" or "Statutory Trust." The seal may be used by causing it or a facsimile thereof to be impressed or affixed or in any other manner reproduced, including placing the word "[SEAL]" adjacent to the signature of the person authorized to sign a document on behalf of the Trust. Any officer or Trustee of the Trust shall have authority to affix the seal of the Trust to any document requiring the same. Section 2. Severability. The provisions of these Bylaws are severable. If any provision hereof shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision only in such jurisdiction and shall not affect any other provision of these Bylaws. Section 3. Headings. Headings are placed in these Bylaws for convenience of reference only and in case of any conflict, the text of these Bylaws rather than the headings shall control. ARTICLE VIII INDEMNIFICATION Section 1. Indemnification. (a) To the maximum extent permitted by law, the Trust (or applicable Portfolio) shall indemnify any person who was or is a party or is threatened to be made a party to, or is involved as a witness in, any proceeding (other than a proceeding by or in the right of the Trust or a Portfolio) by reason of the fact that such person is or was a Covered Person, against expenses, judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such proceeding. (b) To the maximum extent permitted by law, the Trust (or applicable Portfolio) shall indemnify any person who was or is a party or is threatened to be made a party to, or is involved as a witness in, any proceeding by or in the right of the Trust (or such Portfolio) 13 to procure a judgment in its favor by reason of the fact that such person is or was a Covered Person, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of such proceeding. (c) Notwithstanding any provision to the contrary contained herein, no Covered Person shall be indemnified for any expenses, judgments, fines, amounts paid in settlement, or other liability or loss arising by reason of disabling conduct. The termination of any proceeding by conviction, or a plea of nolo contendere or its equivalent, or an entry of an order of probation prior to judgment, creates a rebuttable presumption that the person engaged in disabling conduct. Section 2. Advance Payment of Indemnification Expenses. To the maximum extent permitted by law, the Trust or applicable Portfolio shall advance to any person who was or is a party or is threatened to be made a party to, or is involved as a witness in, any proceeding by reason of the fact that such person is or was a Trustee or officer of the Trust the expenses actually and reasonably incurred by such person in connection with the defense of such proceeding in advance of its final disposition. To the maximum extent permitted by law, the Trust or applicable Portfolio may advance to any person who was or is a party or is threatened to be made a party to any proceeding by reason of the fact that such person is or was a Covered Person (other than a Trustee or officer of the Trust) the expenses actually and reasonably incurred by such person in connection with the defense of such proceeding in advance of its final disposition. Notwithstanding any provision to the contrary contained herein, the Trust shall not advance expenses to any Covered Person (including a Trustee or officer of the Trust) unless: (a) the Trust or applicable Portfolio has received an undertaking by or on behalf of such Covered Person that the amount of all expenses so advanced will be paid over by such person to the Trust or applicable Portfolio unless it is ultimately determined that such person is entitled to indemnification for such expenses; and (b) (i) such Covered Person shall have provided appropriate security for such undertaking, or (ii) such Covered Person shall have insured the Trust or applicable Portfolio against losses arising out of any such advance payments, or (iii) either (1) the Trustees, by the vote of a majority of a quorum of qualifying Trustees, or (2) independent legal counsel in a written opinion, shall have determined, based upon a review of readily available facts (as opposed to a full trial-type inquiry) that there is reason to believe that such Covered Person ultimately will be found entitled to indemnification. Section 3. Determination of Entitlement to Indemnification. Any indemnification required or permitted under this Article VIII (unless ordered by a court) shall be made by the Trust or applicable Portfolio only as authorized in the specific case upon a reasonable determination, based upon a review of the facts, that the Covered Person is entitled to indemnification because (i) he or she is not liable by reason of disabling conduct, or (ii) in cases where there is no liability, he or she has not engaged in disabling conduct. Such determination shall be made by (i) the vote of a majority of a quorum of qualifying Trustees; or (ii) if there are no such Trustees, or if such Trustees so direct, by independent legal counsel in a written opinion. Notwithstanding anything to the contrary in Section 2 of this Article VIII, if a determination that a Covered Person engaged in disabling conduct is made in accordance with this Section 3, no further advances of expenses shall be made, and all prior advances, and insurance premiums paid for by the Trust, if applicable, must be repaid. 14 Section 4. Contract Rights. With respect to any person who was or is a party or is threatened to be made a party to, or is involved as a witness in, any proceeding by reason of the fact that such person is or was a Covered Person, the rights to indemnification conferred in Section 1 of this Article VIII, and with respect to any person who was or is a party or is threatened to be made a party to, or is involved as a witness in, any proceeding by reason of the fact that such person is or was a Trustee or officer of the Trust, the advancement of expenses conferred in Section 2 of this Article VIII shall be contract rights. Any amendment, repeal, or modification of, or adoption of any provision inconsistent with, this Article VIII (or any provision hereof) shall not adversely affect any right to indemnification or advancement of expenses granted to any such person pursuant hereto with respect to any act or omission of such person occurring prior to the time of such amendment, repeal, modification, or adoption (regardless of whether the proceeding relating to such acts or omissions is commenced before or after the time of such amendment, repeal, modification, or adoption). Any amendment or modification of, or adoption of any provision inconsistent with, this Article VIII (or any provision hereof), that has the effect of positively affecting any right to indemnification or advancement of expenses granted to any such person pursuant hereto, shall not apply retroactively to any person who was not serving as a Trustee, officer, employee or agent of the Trust at the time of such amendment, modification or adoption. Section 5. Claims. (a) If (X) a claim under Section 1 of this Article VIII with respect to any right to indemnification is not paid in full by the Trust or applicable Portfolio within sixty days after a written demand has been received by the Trust or applicable Portfolio or (Y) a claim under Section 2 of this Article VIII with respect to any right to the advancement of expenses is not paid in full by the Trust or applicable Portfolio within thirty days after a written demand has been received by the Trust or applicable Portfolio, then the Covered Person seeking to enforce a right to indemnification or to an advancement of expenses, as the case may be, may at any time thereafter bring suit against the Trust or applicable Portfolio to recover the unpaid amount of the claim. (b) If successful in whole or in part in any suit brought pursuant to Section 5(a) of this Article VIII, or in a suit brought by the Trust or applicable Portfolio to recover an advancement of expenses (whether pursuant to the terms of an undertaking or otherwise), the Covered Person seeking to enforce a right to indemnification or an advancement of expenses hereunder or the Covered Person from whom the Trust or applicable Portfolio sought to recover an advancement of expenses, as the case may be, shall be entitled to be paid by the Trust or applicable Portfolio the reasonable expenses (including attorneys' fees) of prosecuting or defending such suit. Section 6. Definitions. For purposes of this Article VIII: (a) references to "Trust" include any domestic or foreign predecessor entity of this Trust in a merger, consolidation, or other transaction in which the predecessor's existence ceased upon consummation of the transaction; (b) the term "disabling conduct" means willful misfeasance, bad faith, gross negligence, or the reckless disregard of the duties involved in the conduct of the Covered Person's office with the Trust or applicable Portfolio; (c) the term "expenses" includes, without limitations, attorneys' fees; (d) the term "proceeding" means any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative; and (e) the term "qualifying Trustee" means any Trustee who is not an interested person (as defined in the 1940 Act) of the Trust and is not a party to the proceeding. 15 ARTICLE IX VOTING OF SECURITIES Section 1. Voting of Securities. Unless otherwise ordered by the Board of Trustees, the Principal Executive Officer, the President or any Vice President shall have full power and authority on behalf of the Trust to attend and to act and to vote, or in the name of the Trust to execute proxies to vote, at any meeting of shareholders of any company in which the Trust may hold stock. At any such meeting such officer shall possess and may exercise (in person or by proxy) any and all rights, powers and privileges incident to the ownership of such stock. The Board of Trustees may by resolution from time to time confer like powers upon any other person or persons. ARTICLE X AMENDMENTS Section 1. Amendments. These Bylaws may be altered or repealed by the Trustees without the vote or approval of the Shareholders. 16 Sub-Item 77Q1(a) AMENDMENT NO. 1 TO THE THIRD AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) This Amendment No. 1 (the "Amendment") to the Third Amended and Restated Agreement and Declaration of Trust of AIM International Mutual Funds (Invesco International Mutual Funds) (the "Trust") amends, effective November 30, 2016, the Third Amended and Restated Agreement and Declaration of Trust of the Trust dated as of October 26, 2016, as amended (the "Agreement"). Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust. WHEREAS, the Trust desires to amend the Agreement to add Class T Shares and Class F Shares; NOW, THEREFORE, the Agreement is hereby amended as follows: 1. Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. 2. All capitalized terms are used herein as defined in the Agreement unless otherwise defined herein. All references in the Agreement to "this Agreement" shall mean the Agreement as amended by this Amendment. 3. Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of November 30, 2016. By: /s/ John M. Zerr ------------------------------ Name: John M. Zerr Title: Senior Vice President EXHIBIT 1 "SCHEDULE A AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) PORTFOLIOS AND CLASSES THEREOF
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- --------------------------- Invesco Asia Pacific Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class T Shares Class Y Shares Institutional Class Shares Invesco European Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares Investor Class Shares Invesco Global Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class T Shares Class Y Shares Institutional Class Shares Invesco Global Opportunities Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares Invesco Global Small & Mid Cap Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class T Shares Class Y Shares Institutional Class Shares
2
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- ---------------------------- Invesco Global Responsibility Equity Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Class R5 Shares Class R6 Shares Invesco International Companies Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Class R5 Shares Class R6 Shares Invesco International Core Equity Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares Investor Class Shares Invesco International Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares Invesco Select Opportunities Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares"
3 Sub-Item 77Q1(a) AMENDMENT NO. 2 TO THE THIRD AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) This Amendment No. 2 (the "Amendment") to the Third Amended and Restated Agreement and Declaration of Trust of AIM International Mutual Funds (Invesco International Mutual Funds) (the "Trust") amends, effective February 28, 2017, the Third Amended and Restated Agreement and Declaration of Trust of the Trust dated as of October 26, 2016, as amended (the "Agreement"). Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust. WHEREAS, the Trust desires to amend the Agreement to add Class R6 Shares to Invesco Asia Pacific Growth Fund, Invesco European Growth Fund and Invesco Global Small & Mid Cap Growth Fund; NOW, THEREFORE, the Agreement is hereby amended as follows: 1. Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. 2. All capitalized terms are used herein as defined in the Agreement unless otherwise defined herein. All references in the Agreement to "this Agreement" shall mean the Agreement as amended by this Amendment. 3. Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of February 28, 2017. By: /s/ John M. Zerr ------------------------------ Name: John M. Zerr Title: Senior Vice President EXHIBIT 1 "SCHEDULE A AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) PORTFOLIOS AND CLASSES THEREOF
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- --------------------------- Invesco Asia Pacific Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R6 Shares Class T Shares Class Y Shares Institutional Class Shares Invesco European Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class R6 Shares Class T Shares Class Y Shares Institutional Class Shares Investor Class Shares Invesco Global Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class T Shares Class Y Shares Institutional Class Shares Invesco Global Opportunities Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares
2
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- --------------------------- Invesco Global Small & Mid Cap Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R6 Shares Class T Shares Class Y Shares Institutional Class Shares Invesco Global Responsibility Equity Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Class R5 Shares Class R6 Shares Invesco International Companies Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Class R5 Shares Class R6 Shares Invesco International Core Equity Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares Investor Class Shares Invesco International Growth Fund Class A Shares Class B Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares
3
PORTFOLIO CLASSES OF EACH PORTFOLIO --------- ---------------------------- Invesco Select Opportunities Fund Class A Shares Class C Shares Class F Shares Class R Shares Class T Shares Class Y Shares Institutional Class Shares"
4 EX-99.77Q1E 5 d400233dex9977q1e.txt EX-99.77Q1E Sub-Item 77Q1(e) MEMORANDUM OF AGREEMENT (ADVISORY FEE WAIVERS) This Memorandum of Agreement is entered into as of the effective date on the attached Exhibit A and B (each an "Exhibit" or, collectively the "Exhibits"), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Treasurer's Series Trust (Invesco Treasurer's Series Trust), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Advantage Municipal Income Trust II, Invesco Bond Fund, Invesco California Value Municipal Income Trust, Invesco Dynamic Credit Opportunities Fund, Invesco Exchange Fund, Invesco High Income 2023 Target Term Fund, Invesco High Income Trust II, Invesco Management Trust, Invesco Municipal Income Opportunities Trust, Invesco Municipal Opportunity Trust, Invesco Municipal Trust, Invesco Pennsylvania Value Municipal Income Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco Senior Income Trust, Invesco Trust for Investment Grade Municipals, Invesco Trust for Investment Grade New York Municipals and Invesco Value Municipal Income Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive fees of the Funds, on behalf of their respective classes as applicable, severally and not jointly, as indicated in the Exhibits. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Invesco agrees that until at least the expiration date set forth on Exhibit A (the "Expiration Date") and with respect to those Funds listed on the Exhibit, Invesco will waive its advisory fees at the rate set forth on the Exhibit. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco agree as follows: 1. Invesco agrees that until the expiration date, if any, of the commitment set forth on the attached Exhibit B occurs, as such Exhibit B is amended from time to time, Invesco will waive advisory fees payable by an Investing Fund (defined below) in an amount equal to 100% of the net advisory fee Invesco receives on the Uninvested Cash (defined below) from the Affiliated Money Market Fund (defined below) in which the Investing Fund invests (the "Waiver"). i. Invesco's Fund Accounting Group will calculate, and apply, the Waiver monthly, based upon the average investment of Uninvested Cash made by the Investing Fund during the previous month in an Affiliated Money Market Fund. ii. The Waiver will not apply to those Investing Funds that do not charge an advisory fee, either due to the terms of their advisory agreement, or as a result of contractual or voluntary fee waivers. iii. The Waiver will not apply to cash collateral for securities lending. For purposes of the paragraph above, the following terms shall have the following meanings: (a) "Affiliated Money Market Fund"--any existing or future Trust that holds itself out as a money market fund and complies with Rule 2a-7 under the Investment Company Act of 1940, as amended; (b) "Investing Fund" - any Fund investing Cash Balances and/or Cash Collateral in an Affiliated Money Market Fund; and (c) "Uninvested Cash"--cash available and uninvested by a Trust that may result from a variety of sources, including dividends or interest received on portfolio securities, unsettled securities transactions, strategic reserves, matured investments, proceeds from liquidation of investment securities, dividend payments, or new investor capital. 2. Neither a Trust nor Invesco may remove or amend the Waiver to a Trust's detriment prior to the Expiration Date without requesting and receiving the approval of the Board of Trustee of the applicable Fund's Trust to remove or amend such Waiver. Invesco will not have any right to reimbursement of any amount so waived. Subject to the foregoing paragraphs, Invesco agrees to review the then-current waivers for each class of the Funds listed on the Exhibits on a date prior to the Expiration Date to determine whether such waivers should be amended, continued or terminated. The waivers will expire upon the Expiration Date unless Invesco has agreed to continue them. The Exhibits will be amended to reflect any such agreement. It is expressly agreed that the obligations of the Trusts hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of each Trust, and this Memorandum of Agreement has been executed and delivered by an authorized officer of each Trust acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. IN WITNESS WHEREOF, each of the Trusts, on behalf of itself and its Funds listed in Exhibit A and B to this Memorandum of Agreement, and Invesco have entered into this Memorandum of Agreement as of the Effective Date on the attached Exhibits. AIM COUNSELOR SERIES TRUST (INVESCO INVESCO CALIFORNIA VALUE MUNICIPAL COUNSELOR SERIES TRUST) INCOME TRUST AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) INVESCO DYNAMIC CREDIT OPPORTUNITIES AIM FUNDS GROUP (INVESCO FUNDS GROUP) FUND AIM GROWTH SERIES (INVESCO GROWTH INVESCO EXCHANGE FUND SERIES) INVESCO HIGH INCOME 2023 TARGET TERM AIM INTERNATIONAL MUTUAL FUNDS FUND (INVESCO INTERNATIONAL MUTUAL FUNDS) INVESCO HIGH INCOME TRUST II AIM INVESTMENT FUNDS (INVESCO INVESCO MANAGEMENT TRUST INVESTMENT FUNDS) INVESCO MUNICIPAL INCOME OPPORTUNITIES AIM INVESTMENT SECURITIES FUNDS TRUST (INVESCO INVESTMENT SECURITIES FUNDS) INVESCO MUNICIPAL OPPORTUNITY TRUST AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) INVESCO MUNICIPAL TRUST AIM TAX-EXEMPT FUNDS (INVESCO INVESCO PENNSYLVANIA VALUE MUNICIPAL TAX-EXEMPT FUNDS) INCOME TRUST AIM TREASURER'S SERIES TRUST (INVESCO INVESCO QUALITY MUNICIPAL INCOME TRUST TREASURER'S SERIES TRUST) INVESCO SECURITIES TRUST AIM VARIABLE INSURANCE FUNDS (INVESCO INVESCO SENIOR INCOME TRUST VARIABLE INSURANCE FUNDS) INVESCO TRUST FOR INVESTMENT GRADE INVESCO ADVANTAGE MUNICIPAL INCOME MUNICIPALS TRUST II INVESCO TRUST FOR INVESTMENT GRADE NEW INVESCO BOND FUND YORK MUNICIPALS INVESCO VALUE MUNICIPAL INCOME TRUST on behalf of the Funds listed in the Exhibit to this Memorandum of Agreement By: /s/ John M. Zerr -------------------------- Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr -------------------------- Title: Senior Vice President EXHIBIT A TO ADVISORY FEE MOA
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR EFFECTIVE EXPIRATION SERIES TRUST) WAIVER DESCRIPTION DATE DATE -------------------- ------------------------------------------------- ---------- ---------- Invesco Strategic Invesco will waive advisory fees in an amount 4/30/2014 06/30/2018 Real Return Fund equal to the advisory fees earned on underlying affiliated investments AIM INVESTMENT FUNDS (INVESCO EFFECTIVE EXPIRATION INVESTMENT FUNDS WAIVER DESCRIPTION DATE DATE -------------------- ------------------------------------------------- ---------- ---------- Invesco Balanced- Invesco will waive advisory fees in an amount 02/24/15 06/30/2018 Risk Commodity equal to the advisory fees earned on underlying Strategy Fund affiliated investments Invesco Global Invesco will waive advisory fees in an amount 12/17/2013 06/30/2018 Targeted Returns equal to the advisory fees earned on underlying Fund affiliated investments AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S EFFECTIVE EXPIRATION SERIES TRUST) WAIVER DESCRIPTION DATE DATE -------------------- ------------------------------------------------- ---------- ---------- Premier Portfolio Invesco will waive advisory fees in the amount of 2/1/2011 12/31/2017 0.07% of the Fund's average daily net assets Premier U.S. Invesco will waive advisory fees in the amount of 2/1/2011 12/31/2017 Government Money 0.07% of the Fund's average daily net assets Portfolio Premier Tax- Invesco will waive advisory fees in the amount of 06/01/2016 12/31/2017 Exempt Portfolio 0.05% of the Fund's average daily net assets
EXHIBIT "B" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- ------------------ --------------- Invesco American Franchise Fund February 12, 2010 June 30, 2018 Invesco California Tax-Free Income Fund February 12, 2010 June 30, 2018 Invesco Core Plus Bond Fund June 2, 2009 June 30, 2018 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2018 Invesco Equity and Income Fund February 12, 2010 June 30, 2018 Invesco Floating Rate Fund July 1, 2007 June 30, 2018 Invesco Global Real Estate Income Fund July 1, 2007 June 30, 2018 Invesco Growth and Income Fund February 12, 2010 June 30, 2018 Invesco Low Volatility Equity Yield Fund July 1, 2007 June 30, 2018 Invesco Pennsylvania Tax Free Income Fund February 12, 2010 June 30, 2018 Invesco S&P 500 Index Fund February 12, 2010 June 30, 2018 Invesco Short Duration High Yield Municipal Fund September 30, 2015 June 30, 2018 Invesco Small Cap Discovery Fund February 12, 2010 June 30, 2018 Invesco Strategic Real Return Fund April 30, 2014 June 30, 2018
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL --------- -------------- --------------- Invesco Charter Fund July 1, 2007 June 30, 2018 Invesco Diversified Dividend Fund July 1, 2007 June 30, 2018 Invesco Summit Fund July 1, 2007 June 30, 2018
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco European Small Company Fund July 1, 2007 June 30, 2018 Invesco Global Core Equity Fund July 1, 2007 June 30, 2018 Invesco International Small Company Fund July 1, 2007 June 30, 2018 Invesco Small Cap Equity Fund July 1, 2007 June 30, 2018
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Alternative Strategies Fund October 14, 2014 June 30, 2018 Invesco Convertible Securities Fund February 12, 2010 June 30, 2018 Invesco Global Low Volatility Equity Yield Fund July 1, 2007 June 30, 2018 Invesco Mid Cap Core Equity Fund July 1, 2007 June 30, 2018 Invesco Multi-Asset Inflation Fund October 14, 2014 June 30, 2018 Invesco Quality Income Fund February 12, 2010 June 30, 2018 Invesco Small Cap Growth Fund July 1, 2007 June 30, 2018
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Asia Pacific Growth Fund July 1, 2007 June 30, 2018 Invesco European Growth Fund July 1, 2007 June 30, 2018 Invesco Global Growth Fund July 1, 2007 June 30, 2018 Invesco Global Opportunities Fund August 3, 2012 June 30, 2018 Invesco Global Responsibility Equity Fund June 30, 2016 June 30, 2018 Invesco Global Small & Mid Cap Growth Fund July 1, 2007 June 30, 2018 Invesco International Companies Fund December 21, 2015 June 30, 2018 Invesco International Core Equity Fund July 1, 2007 June 30, 2018 Invesco International Growth Fund July 1, 2007 June 30, 2018 Invesco Select Opportunities Fund August 3, 2012 June 30, 2018
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco All Cap Market Neutral Fund December 17, 2013 June 30, 2018 Invesco Balanced-Risk Allocation Fund/1/ May 29, 2009 June 30, 2018 Invesco Balanced-Risk Commodity Strategy Fund/2/ November 29, 2010 June 30, 2018 Invesco Developing Markets Fund July 1, 2007 June 30, 2018 Invesco Emerging Markets Equity Fund May 11, 2011 June 30, 2018 Invesco Emerging Markets Flexible Bond Fund/3/ June 14, 2010 June 30, 2018 Invesco Endeavor Fund July 1, 2007 June 30, 2018 Invesco Global Health Care Fund July 1, 2007 June 30, 2018 Invesco Global Infrastructure Fund May 2, 2014 June 30, 2018 Invesco Global Market Neutral Fund December 17, 2013 June 30, 2018 Invesco Global Targeted Returns Fund/5/ December 17, 2013 June 30, 2018 Invesco Greater China Fund July 1, 2007 June 30, 2018 Invesco Long/Short Equity Fund December 17, 2013 June 30, 2018 Invesco Low Volatility Emerging Markets Fund December 17, 2013 June 30, 2018 Invesco Macro Allocation Strategy Fund/4/ September 25, 2012 June 30, 2018 Invesco Macro International Equity Fund December 17, 2013 June 30, 2018 Invesco Macro Long/Short Fund December 17, 2013 June 30, 2018 Invesco MLP Fund August 29, 2014 June 30, 2018 Invesco Multi-Asset Income Fund/6/ December 13, 2011 June 30, 2018 Invesco Pacific Growth Fund February 12, 2010 June 30, 2018 Invesco Select Companies Fund July 1, 2007 June 30, 2018 Invesco World Bond Fund July 1, 2007 June 30, 2018
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco Corporate Bond Fund February 12, 2010 June 30, 2018 Invesco Global Real Estate Fund July 1, 2007 June 30, 2018 Invesco Government Money Market Fund July 1, 2007 June 30, 2018 Invesco High Yield Fund July 1, 2007 June 30, 2018 Invesco Real Estate Fund July 1, 2007 June 30, 2018 Invesco Short Duration Inflation Protected Fund July 1, 2007 June 30, 2018 Invesco Short Term Bond Fund July 1, 2007 June 30, 2018 Invesco U.S. Government Fund July 1, 2007 June 30, 2018
-------- /1/ Advisory fees to be waived by Invesco for Invesco Balanced-Risk Allocation Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund I, Ltd. invests. 2 Advisory fees to be waived by Invesco for Invesco Balanced-Risk Commodity Strategy Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund III, Ltd. invests. 3 Advisory fees to be waived by Invesco for Invesco Emerging Markets Flexible Bond Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Emerging Markets Flexible Bond Cayman, Ltd. invests. 4 Advisory fees to be waived by Invesco for Invesco Macro Allocation Strategy Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund V, Ltd. invests. 5 Advisory fees to be waived by Invesco for Invesco Global Targeted Returns Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund VII, Ltd. invests. 6 Advisory fees to be waived by Invesco for Invesco Multi-Asset Income Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Multi-Asset Income Cayman, Ltd. invests. AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco American Value Fund February 12, 2010 June 30, 2018 Invesco Comstock Fund February 12, 2010 June 30, 2018 Invesco Energy Fund July 1, 2007 June 30, 2018 Invesco Dividend Income Fund July 1, 2007 June 30, 2018 Invesco Gold & Precious Metals Fund July 1, 2007 June 30, 2018 Invesco Mid Cap Growth Fund February 12, 2010 June 30, 2018 Invesco Small Cap Value Fund February 12, 2010 June 30, 2018 Invesco Technology Fund July 1, 2007 June 30, 2018 Invesco Technology Sector Fund February 12, 2010 June 30, 2018 Invesco Value Opportunities Fund February 12, 2010 June 30, 2018
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco High Yield Municipal Fund February 12, 2010 June 30, 2018 Invesco Intermediate Term Municipal Income Fund February 12, 2010 June 30, 2018 Invesco Municipal Income Fund February 12, 2010 June 30, 2018 Invesco New York Tax Free Income Fund February 12, 2010 June 30, 2018 Invesco Tax-Exempt Cash Fund July 1, 2007 June 30, 2018 Invesco Limited Term Municipal Income Fund July 1, 2007 June 30, 2018
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ----------------- --------------- Invesco V.I. American Franchise Fund February 12, 2010 June 30, 2018 Invesco V.I. American Value Fund February 12, 2010 June 30, 2018 Invesco V.I. Balanced-Risk Allocation Fund/7/ December 22, 2010 June 30, 2018 Invesco V.I. Comstock Fund February 12, 2010 June 30, 2018 Invesco V.I. Core Equity Fund July 1, 2007 June 30, 2018 Invesco V.I. Core Plus Bond Fund April 30, 2015 June 30, 2018 Invesco V.I. Diversified Dividend Fund February 12, 2010 June 30, 2018 Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2018 Invesco V.I. Equity and Income Fund February 12, 2010 June 30, 2018 Invesco V.I. Global Core Equity Fund February 12, 2010 June 30, 2018 Invesco V.I. Global Health Care Fund July 1, 2007 June 30, 2018 Invesco V.I. Global Real Estate Fund July 1, 2007 June 30, 2018 Invesco V.I. Government Money Market Fund July 1, 2007 June 30, 2018 Invesco V.I. Government Securities Fund July 1, 2007 June 30, 2018 Invesco V.I. Growth and Income Fund February 12, 2010 June 30, 2018 Invesco V.I. High Yield Fund July 1, 2007 June 30, 2018 Invesco V.I. International Growth Fund July 1, 2007 June 30, 2018 Invesco V.I. Managed Volatility Fund July 1, 2007 June 30, 2018 Invesco V.I. Mid Cap Core Equity Fund July 1, 2007 June 30, 2018 Invesco V.I. Mid Cap Growth Fund February 12, 2010 June 30, 2018 Invesco V.I. S&P 500 Index Fund February 12, 2010 June 30, 2018 Invesco V.I. Small Cap Equity Fund July 1, 2007 June 30, 2018 Invesco V.I. Technology Fund July 1, 2007 June 30, 2018 Invesco V.I. Value Opportunities Fund July 1, 2007 June 30, 2018
/7/ Advisory fees to be waived by Invesco for Invesco V.I. Balanced-Risk Allocation Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund IV, Ltd. invests. INVESCO EXCHANGE FUND
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco Exchange Fund September 30, 2015 June 30, 2018
INVESCO SECURITIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ---------------- --------------- Invesco Balanced-Risk Aggressive Allocation Fund/8/ January 16, 2013 June 30, 2018
INVESCO MANAGEMENT TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL ---- -------------- --------------- Invesco Conservative Income Fund July 1, 2014 June 30, 2018
CLOSED-END FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL ---- ------------------ --------------- Invesco Advantage Municipal Income Trust II May 15, 2012 June 30, 2018 Invesco Bond Fund August 26, 2015 June 30, 2018 Invesco California Value Municipal Income Trust May 15, 2012 June 30, 2018 Invesco Dynamic Credit Opportunities Fund May 15, 2012 June 30, 2018 Invesco High Income 2023 Target Term Fund November 28, 20016 June 30, 2018 Invesco High Income Trust II May 15, 2012 June 30, 2018 Invesco Municipal Income Opportunities Trust August 26, 2015 June 30, 2018 Invesco Municipal Opportunity Trust May 15, 2012 June 30, 2018 Invesco Municipal Trust May 15, 2012 June 30, 2018 Invesco Pennsylvania Value Municipal Income Trust May 15, 2012 June 30, 2018 Invesco Quality Municipal Income Trust August 26, 2015 June 30, 2018 Invesco Senior Income Trust May 15, 2012 June 30, 2018 Invesco Trust for Investment Grade Municipals May 15, 2012 June 30, 2018 Invesco Trust for Investment Grade New York Municipals May 15, 2012 June 30, 2018 Invesco Value Municipal Income Trust June 1, 2010 June 30, 2018
/8/ Advisory fees to be waived by Invesco for Invesco Balanced-Risk Aggressive Allocation Fund also include advisory fees that Invesco receives on the Uninvested Cash from the Affiliated Money Market Fund in which Invesco Cayman Commodity Fund VI, Ltd. invests. Sub-Item 77Q1(e) MEMORANDUM OF AGREEMENT (EXPENSE LIMITATIONS) This Memorandum of Agreement is entered into as of the Effective Date on the attached exhibits (the "Exhibits"), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Management Trust, Invesco Securities Trust and Short-Term Investments Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive fees or reimburse expenses of each Fund, on behalf of its respective classes as applicable, severally and not jointly, as indicated in the attached Exhibits. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco agree as follows: For the Contractual Limits (listed in Exhibits A - D), Invesco agrees until at least the expiration date set forth on the attached Exhibits A - D (the "Expiration Date") that Invesco will waive its fees or reimburse expenses to the extent that expenses of a class of a Fund (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items, including litigation expenses; and (v) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement, if applicable) exceed the rate, on an annualized basis, set forth on the Exhibits of the average daily net assets allocable to such class. Acquired fund fees and expenses are not fees or expenses incurred by a fund directly but are expenses of the investment companies in which a fund invests. These fees and expenses are incurred indirectly through the valuation of a fund's investment in these investment companies. Acquired fund fees and expenses are required to be disclosed and included in the total annual fund operating expenses in the prospectus fee table. As a result, the net total annual fund operating expenses shown in the prospectus fee table may exceed the expense limits reflected in Exhibits A--D. Neither a Trust nor Invesco may remove or amend the Contractual Limits to a Trust's detriment prior to the Expiration Date without requesting and receiving the approval of the Board of Trustees of the applicable Fund's Trust to remove or amend such Contractual Limits. Invesco will not have any right to reimbursement of any amount so waived or reimbursed. For the Contractual Limits, Invesco agrees to review the then-current expense limitations for each class of each Fund listed on the Exhibits on a date prior to the Expiration Date to determine whether such limitations should be amended, continued or terminated. The expense limitations will expire upon the Expiration Date unless Invesco has agreed to continue them. The Exhibits will be amended to reflect any such agreement. For the Voluntary Limits (listed in Exhibits A - D), Invesco agrees that these are not contractual in nature and that Invesco may establish, amend and/or terminate such expense limitations at any time in its sole discretion. Any delay or failure by Invesco to update this Memorandum of Agreement with regards to the terminations, extensions, or expirations of the Voluntary Limits shall have no effect on the term of such Voluntary Limitations; the Voluntary Limitations are listed herein for informational purposes only. It is expressly agreed that the obligations of each Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of each Fund, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of the Trusts, and this Memorandum of Agreement has been executed and delivered by an authorized officer of the Trusts acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. IN WITNESS WHEREOF, each of the Trusts and Invesco have entered into this Memorandum of Agreement as of the Effective Dates on the attached Exhibits. AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) AIM FUNDS GROUP (INVESCO FUNDS GROUP) AIM GROWTH SERIES (INVESCO GROWTH SERIES) AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) INVESCO MANAGEMENT TRUST INVESCO SECURITIES TRUST SHORT-TERM INVESTMENTS TRUST on behalf of the Funds listed in the Exhibits to this Memorandum of Agreement By: /s/ John M. Zerr -------------------------- Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr -------------------------- Title: Senior Vice President 2 EXHIBIT "A" - RETAIL FUNDS/1/ AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco American Franchise Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017 Invesco California Tax-Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Core Plus Bond Fund Class A Shares Contractual 0.75% December 16, 2016 December 31, 2017 Class B Shares Contractual 1.50% December 16, 2016 December 31, 2017 Class C Shares Contractual 1.50% December 16, 2016 December 31, 2017 Class R Shares Contractual 1.00% December 16, 2016 December 31, 2017 Class R5 Shares Contractual 0.50% December 16, 2016 December 31, 2017 Class R6 Shares Contractual 0.50% December 16, 2016 December 31, 2017 Class Y Shares Contractual 0.50% December 16, 2016 December 31, 2017 Invesco Equally-Weighted S&P 500 Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Equity and Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Floating Rate Fund Class A Shares Contractual 1.50% April 14, 2006 June 30, 2017 Class C Shares Contractual 2.00% April 14, 2006 June 30, 2017 Class R Shares Contractual 1.75% April 14, 2006 June 30, 2017 Class R5 Shares Contractual 1.25% April 14, 2006 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% October 3, 2008 June 30, 2017 Invesco Global Real Estate Income Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 3
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ ----------------- Invesco Growth and Income Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Pennsylvania Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco S&P 500 Index Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Short Duration High Yield Municipal Fund Class A Shares Contractual 0.79% September 30, 2015 December 31, 2017 Class C Shares Contractual 1.54% September 30, 2015 December 31, 2017 Class R5 Shares Contractual 0.54% September 30, 2015 December 31, 2017 Class Y Shares Contractual 0.54% September 30, 2015 December 31, 2017 Invesco Small Cap Discovery Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Strategic Real Return Fund Class A Shares Contractual 0.82% less net AFFE* April 30, 2014 December 31, 2017 Class C Shares Contractual 1.57% less net AFFE* April 30, 2014 December 31, 2017 Class R Shares Contractual 1.07% less net AFFE* April 30, 2014 December 31, 2017 Class R5 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017 Class R6 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017 Class Y Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017
See page 17 for footnotes to Exhibit A. 4 AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Charter Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Diversified Dividend Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2013 June 30, 2017 Invesco Summit Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class P Shares Contractual 1.85% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco European Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Global Core Equity Fund Class A Shares Contractual 1.22% January 1, 2017 April 30, 2018 Class B Shares Contractual 1.97% January 1, 2017 April 30, 2018 Class C Shares Contractual 1.97% January 1, 2017 April 30, 2018 Class R Shares Contractual 1.47% January 1, 2017 April 30, 2018 Class R5 Shares Contractual 0.97% January 1, 2017 April 30, 2018 Class Y Shares Contractual 0.97% January 1, 2017 April 30, 2018 Invesco International Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 5
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Small Cap Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ -------------- Invesco Alternative Strategies Fund Class A Shares Contractual 1.44% less net AFFE* January 1, 2017 April 30, 2018 Class C Shares Contractual 2.19% less net AFFE* January 1, 2017 April 30, 2018 Class R Shares Contractual 1.69% less net AFFE* January 1, 2017 April 30, 2018 Class R5 Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Class R6 Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Class Y Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Invesco Balanced-Risk Retirement 2020 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement 2030 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement 2040 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018
See page 17 for footnotes to Exhibit A. 6
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Balanced-Risk Retirement 2050 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement Now Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Conservative Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Convertible Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Global Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% May 1, 2016 June 30, 2017 Class B Shares Contractual 2.75% May 1, 2016 June 30, 2017 Class C Shares Contractual 2.75% May 1, 2016 June 30, 2017 Class R Shares Contractual 2.25% May 1, 2016 June 30, 2017 Class R5 Shares Contractual 1.75% May 1, 2016 June 30, 2017 Class Y Shares Contractual 1.75% May 1, 2016 June 30, 2017 Invesco Growth Allocation Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class S Shares Contractual 1.90% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017
See page 17 for footnotes to Exhibit A. 7
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ -------------- Invesco Income Allocation Fund Class A Shares Contractual 0.25% May 1, 2012 April 30, 2018 Class B Shares Contractual 1.00% May 1, 2012 April 30, 2018 Class C Shares Contractual 1.00% May 1, 2012 April 30, 2018 Class R Shares Contractual 0.50% May 1, 2012 April 30, 2018 Class R5 Shares Contractual 0.00% May 1, 2012 April 30, 2018 Class Y Shares Contractual 0.00% May 1, 2012 April 30, 2018 Invesco International Allocation Fund Class A Shares Contractual 2.25% May 1, 2012 June 30, 2017 Class B Shares Contractual 3.00% May 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% May 1, 2012 June 30, 2017 Class R Shares Contractual 2.50% May 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% May 1, 2012 June 30, 2017 Class Y Shares Contractual 2.00% May 1, 2012 June 30, 2017 Invesco Mid Cap Core Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Moderate Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Multi-Asset Inflation Fund Class A Shares Contractual 1.02% less net AFFE* January 1, 2017 April 30, 2018 Class C Shares Contractual 1.77% less net AFFE* January 1, 2017 April 30, 2018 Class R Shares Contractual 1.27% less net AFFE* January 1, 2017 April 30, 2018 Class R5 Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Class R6 Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Class Y Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Invesco Quality Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 8 AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Asia Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco European Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30. 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2017 Invesco Global Growth Fund Class A Shares Contractual 1.22% January 1, 2017 February 28, 2018 Class B Shares Contractual 1.97% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.97% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.97% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.97% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.97% January 1, 2017 February 28, 2018 Invesco Global Opportunities Fund Class A Shares Contractual 1.02% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.77% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.27% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.77% January 1, 2017 February 28, 2018 Invesco Global Small & Mid Cap Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Global Responsibility Equity Fund Class A Shares Contractual 0.85% June 30, 2016 February 28, 2018 Class C Shares Contractual 1.60% June 30, 2016 February 28, 2018 Class R Shares Contractual 1.10% June 30, 2016 February 28, 2018 Class R5 Shares Contractual 0.60% June 30, 2016 February 28, 2018 Class R6 Shares Contractual 0.60% June 30, 2016 February 28, 2018 Class Y Shares Contractual 0.60% June 30, 2016 February 28, 2018 Invesco International Companies Fund Class A Shares Contractual 1.12% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.37% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.87% January 1, 2017 February 28, 2018
See page 17 for footnotes to Exhibit A. 9
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco International Core Equity Fund Class A Shares Contractual 1.12% January 1, 2017 February 28, 2018 Class B Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.37% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.87% January 1, 2017 February 28, 2018 Investor Class Shares Contractual 1.12% January 1, 2017 February 28, 2018 Invesco International Growth Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2017 Invesco Select Opportunities Fund Class A Shares Contractual 1.02% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.77% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.27% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.77% January 1, 2017 February 28, 2018
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco All Cap Market Neutral Fund Class A Shares Contractual 1.50% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.25% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.75% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.25% January 1, 2017 February 28, 2018 Invesco Balanced-Risk Allocation Fund/2/ Class A Shares Contractual 2.00% July 1, 2012 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Balanced-Risk Commodity Strategy Fund/3/ Class A Shares Contractual 2.00% July 1, 2014 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2014 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2014 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2014 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2014 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2014 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2014 June 30, 2017
See page 17 for footnotes to Exhibit A. 10
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Developing Markets Fund Class A Shares Contractual 2.25% July 1, 2012 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Emerging Markets Equity Fund Class A Shares Contractual 1.33% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.08% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.58% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.08% January 1, 2017 February 28, 2018 Invesco Emerging Markets Flexible Bond Fund Class A Shares Contractual 1.24% June 14, 2010 February 28, 2018 Class B Shares Contractual 1.99% June 14, 2010 February 28, 2018 Class C Shares Contractual 1.99% June 14, 2010 February 28, 2018 Class R Shares Contractual 1.49% June 14, 2010 February 28, 2018 Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2018 Class R5 Shares Contractual 0.99% June 14, 2010 February 28, 2018 Class R6 Shares Contractual 0.99% September 24, 2012 February 28, 2018 Invesco Endeavor Fund Class A Shares Contractual 2.00% July 1, 2009 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Global Health Care Fund Class A Shares Contractual 2.00% July 1, 2012 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Global Infrastructure Fund Class A Shares Contractual 1.28% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.03% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.53% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Invesco Global Market Neutral Fund Class A Shares Contractual 1.50% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.25% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.75% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.25% January 1, 2017 February 28, 2018
See page 17 for footnotes to Exhibit A. 11
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ----------------- ----------------- Invesco Global Targeted Returns Fund/4/ Class A Shares Contractual 1.44% less net AFFE* January 1, 2017 February 28, 2018 Class C Shares Contractual 2.19% less net AFFE* January 1, 2017 February 28, 2018 Class R Shares Contractual 1.69% less net AFFE* January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Invesco Greater China Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Long/Short Equity Fund Class A Shares Contractual 1.59% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.34% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.84% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.34% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.34% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.34% January 1, 2017 February 28, 2018 Invesco Low Volatility Emerging Markets Fund Class A Shares Contractual 1.33% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.08% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.58% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.08% January 1, 2017 February 28, 2018 Invesco MLP Fund Class A Shares Contractual 1.28% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.03% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.53% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.03% January 1, 2017 February 28, 2018 Invesco Macro Allocation Strategy Fund/5/ Class A Shares Contractual 1.44% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.19% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.69% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.19% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.19% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.19% January 1, 2017 February 28, 2018 Invesco Macro International Equity Fund Class A Shares Contractual 1.43% December 17, 2013 February 28, 2018 Class C Shares Contractual 2.18% December 17, 2013 February 28, 2018 Class R Shares Contractual 1.68% December 17, 2013 February 28, 2018 Class R5 Shares Contractual 1.18% December 17, 2013 February 28, 2018 Class R6 Shares Contractual 1.18% December 17, 2013 February 28, 2018 Class Y Shares Contractual 1.18% December 17, 2013 February 28, 2018
See page 17 for footnotes to Exhibit A. 12
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Macro Long/Short Fund Class A Shares Contractual 1.87% December 17, 2013 February 28, 2018 Class C Shares Contractual 2.62% December 17, 2013 February 28, 2018 Class R Shares Contractual 2.12% December 17, 2013 February 28, 2018 Class R5 Shares Contractual 1.62% December 17, 2013 February 28, 2018 Class R6 Shares Contractual 1.62% December 17, 2013 February 28, 2018 Class Y Shares Contractual 1.62% December 17, 2013 February 28, 2018 Invesco Multi-Asset Income Fund Class A Shares Contractual 0.85% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.60% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.10% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.60% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.60% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.60% January 1, 2017 February 28, 2018 Invesco Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2012 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Select Companies Fund Class A Shares Contractual 2.00% July 1, 2009 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco World Bond Fund Class A Shares Contractual 0.94% December 1, 2016 February 28, 2018 Class B Shares Contractual 1.69% December 1, 2016 February 28, 2018 Class C Shares Contractual 1.69% December 1, 2016 February 28, 2018 Class R5 Shares Contractual 0.69% December 1, 2016 February 28, 2018 Class R6 Shares Contractual 0.69% December 1, 2016 February 28, 2018 Class Y Shares Contractual 0.69% December 1, 2016 February 28, 2018
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Corporate Bond Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Global Real Estate Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 13
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco High Yield Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Investor Class Shares Contractual 1.50% July 1, 2013 June 30, 2017 Invesco Short Duration Inflation Protected Fund Class A Shares Contractual 0.55% December 31, 2015 June 30, 2017 Class A2 Shares Contractual 0.45% December 31, 2015 June 30, 2017 Class R5 Shares Contractual 0.30% December 31, 2015 June 30, 2017 Class R6 Shares Contractual 0.30% December 31, 2015 June 30, 2017 Class Y Shares Contractual 0.30% December 31, 2015 June 30, 2017 Invesco Real Estate Fund July 1, 2012 Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% September 24, June 30, 2017 Class R6 Shares Contractual 1.75% 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Short Term Bond Fund Class A Shares Contractual 1.40% July 1, 2013 June 30, 2017 Class C Shares Contractual 1.75%/6/ July 1, 2013 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Invesco U.S. Government Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2017
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco American Value Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017
See page 17 for footnotes to Exhibit A. 14
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Comstock Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Energy Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Dividend Income Fund Class A Shares Contractual 2.00% September 1, 2016 June 30, 2017 Class B Shares Contractual 2.75% September 1, 2016 June 30, 2017 Class C Shares Contractual 2.75% September 1, 2016 June 30, 2017 Class R5 Shares Contractual 1.75% September 1, 2016 June 30, 2017 Class R6 Shares Contractual 1.75% September 1, 2016 June 30, 2017 Class Y Shares Contractual 1.75% September 1, 2016 June 30, 2017 Investor Class Shares Contractual 2.00% September 1, 2016 June 30, 2017 Invesco Gold & Precious Metals Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Mid Cap Growth Fund Class A Shares Contractual 2.00% August 1, 2015 June 30, 2017 Class B Shares Contractual 2.75% August 1, 2015 June 30, 2017 Class C Shares Contractual 2.75% August 1, 2015 June 30, 2017 Class R Shares Contractual 2.25% August 1, 2015 June 30, 2017 Class R5 Shares Contractual 1.75% August 1, 2015 June 30, 2017 Class R6 Shares Contractual 1.75% August 1, 2015 June 30, 2017 Class Y Shares Contractual 1.75% August 1, 2015 June 30, 2017 Invesco Small Cap Value Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% February 7, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Technology Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Technology Sector Fund Class A Shares Contractual 2.00% February 12, 2010 June 30, 2017 Class B Shares Contractual 2.75% February 12, 2010 June 30, 2017 Class C Shares Contractual 2.75% February 12, 2010 June 30, 2017 Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2017
See page 17 for footnotes to Exhibit A. 15
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Value Opportunities Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco High Yield Municipal Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Intermediate Term Municipal Income Fund Class A Shares Contractual 0.84% July 1, 2016 June 30, 2017 Class B Shares Contractual 1.59% July 1, 2016 June 30, 2017 Class C Shares Contractual 1.59% July 1, 2016 June 30, 2017 Class Y Shares Contractual 0.59% July 1, 2016 June 30, 2017 Invesco Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Investor Class Contractual 1.50% July 15, 2013 June 30, 2017 Invesco New York Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Limited Term Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class A2 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% June 30, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017
See page 17 for footnotes to Exhibit A. 16 INVESCO MANAGEMENT TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Conservative Income Fund Institutional Class Contractual 0.28% July 1, 2014 December 31, 2017
INVESCO SECURITIES TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Balanced-Risk Aggressive Allocation Fund Contractual 0.94% January 1, 2017 February 28, 2018
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. /1/ The total operating expenses of any class of shares established after the date of this Memorandum of Agreement will be limited to the amount established for Class A Shares plus the difference between the new class 12b-1 rate and the Class A 12b-1 rate. /2/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund I, Ltd. /3/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund III, Ltd. /4/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund VII, Ltd. /5/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund V, Ltd. /6/ The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc. 17 EXHIBIT "B" - INSTITUTIONAL MONEY MARKET FUNDS/1,2/ SHORT-TERM INVESTMENTS TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Government & Agency Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Liquid Assets Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.38% June 1, 2016 December 31, 2017 STIC Prime Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Tax-Free Cash Reserve Portfolio/2/ Cash Management Class Contractual 0.28% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.23% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.20% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.75% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.45% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.07% June 1, 2016 December 31, 2017 Resource Class Contractual 0.36% June 1, 2016 December 31, 2017 Treasury Obligations Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.43% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Treasury Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017
/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 limitation also excludes Trustees' fees and federal registration expenses. 18 EXHIBIT "C" - VARIABLE INSURANCE FUNDS AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ----------------- -------------- Invesco V.I. American Franchise Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2017 Invesco V.I. American Value Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Balanced-Risk Allocation Fund/1/ Series I Shares Contractual 0.80% less net AFFE* May 1, 2014 April 30, 2018 Series II Shares Contractual 1.05% less net AFFE* May 1, 2014 April 30, 2018 Invesco V.I. Comstock Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2018 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2018 Invesco V.I. Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Core Plus Bond Fund Series I Shares Contractual 0.61% April 30, 2015 April 30, 2018 Series II Shares Contractual 0.86% April 30, 2015 April 30, 2018 Invesco V.I. Diversified Dividend Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Equally-Weighted S&P 500 Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Equity and Income Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2017 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco V.I. Global Core Equity Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2017 Invesco V.I. Global Health Care Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Global Real Estate Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017
/1/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund IV, Ltd. 19
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco V.I. Government Money Market Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2017 Invesco V.I. Government Securities Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2017 Invesco V.I. Growth and Income Fund Series I Shares Contractual 0.78% May 1. 2013 April 30, 2018 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2018 Invesco V.I. High Yield Fund Series I Shares Contractual 1.50% May 1, 2014 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2014 June 30, 2017 Invesco V.I. International Growth Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2017 Invesco V.I. Managed Volatility Fund Series I Shares Contractual 2.00% May 1, 2015 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2015 June 30, 2017 Invesco V.I. Mid Cap Core Equity Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Mid Cap Growth Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2017 Invesco V.I. S&P 500 Index Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Small Cap Equity Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Technology Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Value Opportunities Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. 20 Sub-Item 77Q1(e) MEMORANDUM OF AGREEMENT (EXPENSE LIMITATIONS) This Memorandum of Agreement is entered into as of the Effective Date on the attached exhibits (the "Exhibits"), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Management Trust, Invesco Securities Trust and Short-Term Investments Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive fees or reimburse expenses of each Fund, on behalf of its respective classes as applicable, severally and not jointly, as indicated in the attached Exhibits. For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco agree as follows: For the Contractual Limits (listed in Exhibits A - D), Invesco agrees until at least the expiration date set forth on the attached Exhibits A - D (the "Expiration Date") that Invesco will waive its fees or reimburse expenses to the extent that expenses of a class of a Fund (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items, including litigation expenses; and (v) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement, if applicable) exceed the rate, on an annualized basis, set forth on the Exhibits of the average daily net assets allocable to such class. Acquired fund fees and expenses are not fees or expenses incurred by a fund directly but are expenses of the investment companies in which a fund invests. These fees and expenses are incurred indirectly through the valuation of a fund's investment in these investment companies. Acquired fund fees and expenses are required to be disclosed and included in the total annual fund operating expenses in the prospectus fee table. As a result, the net total annual fund operating expenses shown in the prospectus fee table may exceed the expense limits reflected in Exhibits A--D. Neither a Trust nor Invesco may remove or amend the Contractual Limits to a Trust's detriment prior to the Expiration Date without requesting and receiving the approval of the Board of Trustees of the applicable Fund's Trust to remove or amend such Contractual Limits. Invesco will not have any right to reimbursement of any amount so waived or reimbursed. For the Contractual Limits, Invesco agrees to review the then-current expense limitations for each class of each Fund listed on the Exhibits on a date prior to the Expiration Date to determine whether such limitations should be amended, continued or terminated. The expense limitations will expire upon the Expiration Date unless Invesco has agreed to continue them. The Exhibits will be amended to reflect any such agreement. For the Voluntary Limits (listed in Exhibits A - D), Invesco agrees that these are not contractual in nature and that Invesco may establish, amend and/or terminate such expense limitations at any time in its sole discretion. Any delay or failure by Invesco to update this Memorandum of Agreement with regards to the terminations, extensions, or expirations of the Voluntary Limits shall have no effect on the term of such Voluntary Limitations; the Voluntary Limitations are listed herein for informational purposes only. It is expressly agreed that the obligations of each Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of each Fund, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of the Trusts, and this Memorandum of Agreement has been executed and delivered by an authorized officer of the Trusts acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. IN WITNESS WHEREOF, each of the Trusts and Invesco have entered into this Memorandum of Agreement as of the Effective Dates on the attached Exhibits. AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) AIM FUNDS GROUP (INVESCO FUNDS GROUP) AIM GROWTH SERIES (INVESCO GROWTH SERIES) AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS) AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) INVESCO MANAGEMENT TRUST INVESCO SECURITIES TRUST SHORT-TERM INVESTMENTS TRUST on behalf of the Funds listed in the Exhibits to this Memorandum of Agreement By: /s/ John M. Zerr ------------------------------ Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr ------------------------------ Title: Senior Vice President 2 EXHIBIT "A" - RETAIL FUNDS/1/ AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco American Franchise Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017 Invesco California Tax-Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Core Plus Bond Fund Class A Shares Contractual 0.75% December 16, 2016 December 31, 2017 Class B Shares Contractual 1.50% December 16, 2016 December 31, 2017 Class C Shares Contractual 1.50% December 16, 2016 December 31, 2017 Class R Shares Contractual 1.00% December 16, 2016 December 31, 2017 Class R5 Shares Contractual 0.50% December 16, 2016 December 31, 2017 Class R6 Shares Contractual 0.50% December 16, 2016 December 31, 2017 Class Y Shares Contractual 0.50% December 16, 2016 December 31, 2017 Invesco Equally-Weighted S&P 500 Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Equity and Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Floating Rate Fund Class A Shares Contractual 1.50% April 14, 2006 June 30, 2017 Class C Shares Contractual 2.00% April 14, 2006 June 30, 2017 Class R Shares Contractual 1.75% April 14, 2006 June 30, 2017 Class R5 Shares Contractual 1.25% April 14, 2006 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% October 3, 2008 June 30, 2017 Invesco Global Real Estate Income Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 3
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ ----------------- Invesco Growth and Income Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Pennsylvania Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco S&P 500 Index Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Short Duration High Yield Municipal Fund Class A Shares Contractual 0.79% September 30, 2015 April 30, 2018 Class C Shares Contractual 1.54% September 30, 2015 April 30, 2018 Class R5 Shares Contractual 0.54% September 30, 2015 April 30, 2018 Class R6 Shares Contractual 0.54% April 4, 2017 April 30, 2018 Class Y Shares Contractual 0.54% September 30, 2015 April 30, 2018 Invesco Small Cap Discovery Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Strategic Real Return Fund Class A Shares Contractual 0.82% less net AFFE* April 30, 2014 December 31, 2017 Class C Shares Contractual 1.57% less net AFFE* April 30, 2014 December 31, 2017 Class R Shares Contractual 1.07% less net AFFE* April 30, 2014 December 31, 2017 Class R5 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017 Class R6 Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017 Class Y Shares Contractual 0.57% less net AFFE* April 30, 2014 December 31, 2017
See page 17 for footnotes to Exhibit A. 4 AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Charter Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Diversified Dividend Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2013 June 30, 2017 Invesco Summit Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class P Shares Contractual 1.85% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class S Shares Contractual 1.90% September 25, 2009 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco European Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Global Core Equity Fund Class A Shares Contractual 1.22% January 1, 2017 April 30, 2018 Class B Shares Contractual 1.97% January 1, 2017 April 30, 2018 Class C Shares Contractual 1.97% January 1, 2017 April 30, 2018 Class R Shares Contractual 1.47% January 1, 2017 April 30, 2018 Class R5 Shares Contractual 0.97% January 1, 2017 April 30, 2018 Class R6 Shares Contractual 0.97% April 4, 2017 April 30, 2018 Class Y Shares Contractual 0.97% January 1, 2017 April 30, 2018 Invesco International Small Company Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 5
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Small Cap Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ -------------- Invesco Alternative Strategies Fund Class A Shares Contractual 1.44% less net AFFE* January 1, 2017 April 30, 2018 Class C Shares Contractual 2.19% less net AFFE* January 1, 2017 April 30, 2018 Class R Shares Contractual 1.69% less net AFFE* January 1, 2017 April 30, 2018 Class R5 Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Class R6 Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Class Y Shares Contractual 1.19% less net AFFE* January 1, 2017 April 30, 2018 Invesco Balanced-Risk Retirement 2020 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement 2030 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement 2040 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018
See page 17 for footnotes to Exhibit A. 6
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ -------------- Invesco Balanced-Risk Retirement 2050 Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Balanced-Risk Retirement Now Fund Class A Shares Contractual 0.25% November 4, 2009 April 30, 2018 Class AX Shares Contractual 0.25% February 12, 2010 April 30, 2018 Class B Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class C Shares Contractual 1.00% November 4, 2009 April 30, 2018 Class CX Shares Contractual 1.00% February 12, 2010 April 30, 2018 Class R Shares Contractual 0.50% November 4, 2009 April 30, 2018 Class R5 Shares Contractual 0.00% November 4, 2009 April 30, 2018 Class R6 Shares Contractual 0.00% September 24, 2012 April 30, 2018 Class RX Shares Contractual 0.50% February 12, 2010 April 30, 2018 Class Y Shares Contractual 0.00% November 4, 2009 April 30, 2018 Invesco Conservative Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Convertible Securities Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Global Low Volatility Equity Yield Fund Class A Shares Contractual 2.00% May 1, 2016 June 30, 2017 Class B Shares Contractual 2.75% May 1, 2016 June 30, 2017 Class C Shares Contractual 2.75% May 1, 2016 June 30, 2017 Class R Shares Contractual 2.25% May 1, 2016 June 30, 2017 Class R5 Shares Contractual 1.75% May 1, 2016 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% May 1, 2016 June 30, 2017 Invesco Growth Allocation Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class S Shares Contractual 1.90% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017
See page 17 for footnotes to Exhibit A. 7
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ------------------ -------------- Invesco Income Allocation Fund Class A Shares Contractual 0.25% May 1, 2012 April 30, 2018 Class B Shares Contractual 1.00% May 1, 2012 April 30, 2018 Class C Shares Contractual 1.00% May 1, 2012 April 30, 2018 Class R Shares Contractual 0.50% May 1, 2012 April 30, 2018 Class R5 Shares Contractual 0.00% May 1, 2012 April 30, 2018 Class R6 Shares Contractual 0.00% April 4, 2017 April 30, 2018 Class Y Shares Contractual 0.00% May 1, 2012 April 30, 2018 Invesco International Allocation Fund Class A Shares Contractual 2.25% May 1, 2012 June 30, 2017 Class B Shares Contractual 3.00% May 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% May 1, 2012 June 30, 2017 Class R Shares Contractual 2.50% May 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% May 1, 2012 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% May 1, 2012 June 30, 2017 Invesco Mid Cap Core Equity Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Moderate Allocation Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class S Shares Contractual 1.40% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Multi-Asset Inflation Fund Class A Shares Contractual 1.02% less net AFFE* January 1, 2017 April 30, 2018 Class C Shares Contractual 1.77% less net AFFE* January 1, 2017 April 30, 2018 Class R Shares Contractual 1.27% less net AFFE* January 1, 2017 April 30, 2018 Class R5 Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Class R6 Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Class Y Shares Contractual 0.77% less net AFFE* January 1, 2017 April 30, 2018 Invesco Quality Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Small Cap Growth Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 8 AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Asia Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco European Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30. 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.25% July 1, 2009 June 30, 2017 Invesco Global Growth Fund Class A Shares Contractual 1.22% January 1, 2017 February 28, 2018 Class B Shares Contractual 1.97% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.97% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.97% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.97% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.97% January 1, 2017 February 28, 2018 Invesco Global Opportunities Fund Class A Shares Contractual 1.02% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.77% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.27% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.77% January 1, 2017 February 28, 2018 Invesco Global Small & Mid Cap Growth Fund Class A Shares Contractual 2.25% July 1, 2009 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Global Responsibility Equity Fund Class A Shares Contractual 0.85% June 30, 2016 February 28, 2018 Class C Shares Contractual 1.60% June 30, 2016 February 28, 2018 Class R Shares Contractual 1.10% June 30, 2016 February 28, 2018 Class R5 Shares Contractual 0.60% June 30, 2016 February 28, 2018 Class R6 Shares Contractual 0.60% June 30, 2016 February 28, 2018 Class Y Shares Contractual 0.60% June 30, 2016 February 28, 2018 Invesco International Companies Fund Class A Shares Contractual 1.12% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.37% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.87% January 1, 2017 February 28, 2018
See page 17 for footnotes to Exhibit A. 9
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco International Core Equity Fund Class A Shares Contractual 1.12% January 1, 2017 February 28, 2018 Class B Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.87% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.37% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.87% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.87% January 1, 2017 February 28, 2018 Investor Class Shares Contractual 1.12% January 1, 2017 February 28, 2018 Invesco International Growth Fund Class A Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2013 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2013 June 30, 2017 Invesco Select Opportunities Fund Class A Shares Contractual 1.02% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.77% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.27% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.77% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.77% January 1, 2017 February 28, 2018
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco All Cap Market Neutral Fund Class A Shares Contractual 1.50% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.25% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.75% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.25% January 1, 2017 February 28, 2018 Invesco Balanced-Risk Allocation Fund/2/ Class A Shares Contractual 2.00% July 1, 2012 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Balanced-Risk Commodity Strategy Fund/3/ Class A Shares Contractual 2.00% July 1, 2014 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2014 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2014 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2014 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2014 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2014 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2014 June 30, 2017
See page 17 for footnotes to Exhibit A. 10
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ----------------- Invesco Developing Markets Fund Class A Shares Contractual 2.25% July 1, 2012 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 2.00% September 24, 2012 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Emerging Markets Equity Fund Class A Shares Contractual 1.33% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.08% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.58% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.08% January 1, 2017 February 28, 2018 Invesco Emerging Markets Flexible Bond Fund Class A Shares Contractual 1.24% June 14, 2010 February 28, 2018 Class B Shares Contractual 1.99% June 14, 2010 February 28, 2018 Class C Shares Contractual 1.99% June 14, 2010 February 28, 2018 Class R Shares Contractual 1.49% June 14, 2010 February 28, 2018 Class R5 Shares Contractual 0.99% June 14, 2010 February 28, 2018 Class R6 Shares Contractual 0.99% September 24, 2012 February 28, 2018 Class Y Shares Contractual 0.99% June 14, 2010 February 28, 2018 Invesco Endeavor Fund Class A Shares Contractual 2.00% July 1, 2009 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco Global Health Care Fund Class A Shares Contractual 2.00% July 1, 2012 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class Y Shares Contractual 1.75% April 4, 2017 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Global Infrastructure Fund Class A Shares Contractual 1.28% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.03% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.53% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.03% January 1, 2017 February 28, 2018 Invesco Global Market Neutral Fund Class A Shares Contractual 1.50% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.25% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.75% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.25% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.25% January 1, 2017 February 28, 2018
See page 17 for footnotes to Exhibit A. 11
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ----------------- ----------------- Invesco Global Targeted Returns Fund/4/ Class A Shares Contractual 1.44% less net AFFE* January 1, 2017 February 28, 2018 Class C Shares Contractual 2.19% less net AFFE* January 1, 2017 February 28, 2018 Class R Shares Contractual 1.69% less net AFFE* January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.19% less net AFFE* January 1, 2017 February 28, 2018 Invesco Greater China Fund Class A Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class B Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Long/Short Equity Fund Class A Shares Contractual 1.59% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.34% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.84% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.34% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.34% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.34% January 1, 2017 February 28, 2018 Invesco Low Volatility Emerging Markets Fund Class A Shares Contractual 1.33% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.08% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.58% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.08% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.08% January 1, 2017 February 28, 2018 Invesco MLP Fund Class A Shares Contractual 1.28% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.03% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.53% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.03% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.03% January 1, 2017 February 28, 2018 Invesco Macro Allocation Strategy Fund/5/ Class A Shares Contractual 1.44% January 1, 2017 February 28, 2018 Class C Shares Contractual 2.19% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.69% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 1.19% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 1.19% January 1, 2017 February 28, 2018 Class Y Shares Contractual 1.19% January 1, 2017 February 28, 2018 Invesco Macro International Equity Fund Class A Shares Contractual 1.43% December 17, 2013 February 28, 2018 Class C Shares Contractual 2.18% December 17, 2013 February 28, 2018 Class R Shares Contractual 1.68% December 17, 2013 February 28, 2018 Class R5 Shares Contractual 1.18% December 17, 2013 February 28, 2018 Class R6 Shares Contractual 1.18% December 17, 2013 February 28, 2018 Class Y Shares Contractual 1.18% December 17, 2013 February 28, 2018
See page 17 for footnotes to Exhibit A. 12
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Macro Long/Short Fund Class A Shares Contractual 1.87% December 17, 2013 February 28, 2018 Class C Shares Contractual 2.62% December 17, 2013 February 28, 2018 Class R Shares Contractual 2.12% December 17, 2013 February 28, 2018 Class R5 Shares Contractual 1.62% December 17, 2013 February 28, 2018 Class R6 Shares Contractual 1.62% December 17, 2013 February 28, 2018 Class Y Shares Contractual 1.62% December 17, 2013 February 28, 2018 Invesco Multi-Asset Income Fund Class A Shares Contractual 0.85% January 1, 2017 February 28, 2018 Class C Shares Contractual 1.60% January 1, 2017 February 28, 2018 Class R Shares Contractual 1.10% January 1, 2017 February 28, 2018 Class R5 Shares Contractual 0.60% January 1, 2017 February 28, 2018 Class R6 Shares Contractual 0.60% January 1, 2017 February 28, 2018 Class Y Shares Contractual 0.60% January 1, 2017 February 28, 2018 Invesco Pacific Growth Fund Class A Shares Contractual 2.25% July 1, 2012 June 30. 2017 Class B Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class C Shares Contractual 3.00% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.50% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 2.00% April 4, 2017 June 30, 2017 Class Y Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Select Companies Fund Class A Shares Contractual 2.00% July 1, 2009 June 30. 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Invesco World Bond Fund Class A Shares Contractual 0.94% December 1, 2016 February 28, 2018 Class B Shares Contractual 1.69% December 1, 2016 February 28, 2018 Class C Shares Contractual 1.69% December 1, 2016 February 28, 2018 Class R5 Shares Contractual 0.69% December 1, 2016 February 28, 2018 Class R6 Shares Contractual 0.69% December 1, 2016 February 28, 2018 Class Y Shares Contractual 0.69% December 1, 2016 February 28, 2018
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Corporate Bond Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Global Real Estate Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017
See page 17 for footnotes to Exhibit A. 13
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco High Yield Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Investor Class Shares Contractual 1.50% July 1, 2013 June 30, 2017 Invesco Short Duration Inflation Protected Fund Class A Shares Contractual 0.55% December 31, 2015 June 30, 2017 Class A2 Shares Contractual 0.45% December 31, 2015 June 30, 2017 Class R5 Shares Contractual 0.30% December 31, 2015 June 30, 2017 Class R6 Shares Contractual 0.30% December 31, 2015 June 30, 2017 Class Y Shares Contractual 0.30% December 31, 2015 June 30, 2017 Invesco Real Estate Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Short Term Bond Fund Class A Shares Contractual 1.40% July 1, 2013 June 30, 2017 Class C Shares Contractual 1.75%/6/ July 1, 2013 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.25% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Invesco U.S. Government Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 1.50% July 1, 2012 June 30, 2017
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco American Value Fund Class A Shares Contractual 2.00% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2013 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.75% July 1, 2013 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2013 June 30, 2017
See page 17 for footnotes to Exhibit A. 14
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ------------------ ------------- Invesco Comstock Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% September 24, 2012 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Energy Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Dividend Income Fund Class A Shares Contractual 2.00% September 1, 2016 June 30, 2017 Class B Shares Contractual 2.75% September 1, 2016 June 30, 2017 Class C Shares Contractual 2.75% September 1, 2016 June 30, 2017 Class R5 Shares Contractual 1.75% September 1, 2016 June 30, 2017 Class R6 Shares Contractual 1.75% September 1, 2016 June 30, 2017 Class Y Shares Contractual 1.75% September 1, 2016 June 30, 2017 Investor Class Shares Contractual 2.00% September 1, 2016 June 30, 2017 Invesco Gold & Precious Metals Fund Class A Shares Contractual 2.00% July 1, 2009 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2009 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2009 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2009 June 30, 2017 Invesco Mid Cap Growth Fund Class A Shares Contractual 2.00% August 1, 2015 June 30, 2017 Class B Shares Contractual 2.75% August 1, 2015 June 30, 2017 Class C Shares Contractual 2.75% August 1, 2015 June 30, 2017 Class R Shares Contractual 2.25% August 1, 2015 June 30, 2017 Class R5 Shares Contractual 1.75% August 1, 2015 June 30, 2017 Class R6 Shares Contractual 1.75% August 1, 2015 June 30, 2017 Class Y Shares Contractual 1.75% August 1, 2015 June 30, 2017 Invesco Small Cap Value Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% February 7, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco Technology Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017 Investor Class Shares Contractual 2.00% July 1, 2012 June 30, 2017 Invesco Technology Sector Fund Class A Shares Contractual 2.00% February 12, 2010 June 30, 2017 Class B Shares Contractual 2.75% February 12, 2010 June 30, 2017 Class C Shares Contractual 2.75% February 12, 2010 June 30, 2017 Class Y Shares Contractual 1.75% February 12, 2010 June 30, 2017
See page 17 for footnotes to Exhibit A. 15
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ------------- Invesco Value Opportunities Fund Class A Shares Contractual 2.00% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.75% July 1, 2012 June 30, 2017 Class R Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.75% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.75% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.75% July 1, 2012 June 30, 2017
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco High Yield Municipal Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Intermediate Term Municipal Income Fund Class A Shares Contractual 0.84% July 1, 2016 April 30, 2018 Class B Shares Contractual 1.59% July 1, 2016 April 30, 2018 Class C Shares Contractual 1.59% July 1, 2016 April 30, 2018 Class R6 Shares Contractual 0.59% April 4, 2017 April 30, 2018 Class Y Shares Contractual 0.59% July 1, 2016 April 30, 2018 Invesco Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2013 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2013 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2013 June 30, 2017 Investor Class Contractual 1.50% July 15, 2013 June 30, 2017 Invesco New York Tax Free Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class B Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017 Invesco Limited Term Municipal Income Fund Class A Shares Contractual 1.50% July 1, 2012 June 30, 2017 Class A2 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class C Shares Contractual 2.25% June 30, 2013 June 30, 2017 Class R5 Shares Contractual 1.25% July 1, 2012 June 30, 2017 Class R6 Shares Contractual 1.25% April 4, 2017 June 30, 2017 Class Y Shares Contractual 1.25% July 1, 2012 June 30, 2017
See page 17 for footnotes to Exhibit A. 16 INVESCO MANAGEMENT TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Conservative Income Fund Institutional Class Contractual 0.28% July 1, 2014 December 31, 2017
INVESCO SECURITIES TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Invesco Balanced-Risk Aggressive Allocation Fund Contractual 0.94% January 1, 2017 February 28, 2018
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. /1/ The total operating expenses of any class of shares established after the date of this Memorandum of Agreement will be limited to the amount established for Class A Shares plus the difference between the new class 12b-1 rate and the Class A 12b-1 rate. /2/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund I, Ltd. /3/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund III, Ltd. /4/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund VII, Ltd. /5/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund V, Ltd. /6/ The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc. 17 EXHIBIT "B" - INSTITUTIONAL MONEY MARKET FUNDS/1,2/ SHORT-TERM INVESTMENTS TRUST
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- ----------------- Government & Agency Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Liquid Assets Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.38% June 1, 2016 December 31, 2017 STIC Prime Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Tax-Free Cash Reserve Portfolio/2/ Cash Management Class Contractual 0.28% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.23% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.20% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.75% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.45% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.07% June 1, 2016 December 31, 2017 Resource Class Contractual 0.36% June 1, 2016 December 31, 2017 Treasury Obligations Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.43% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017 Treasury Portfolio Cash Management Class Contractual 0.26% June 1, 2016 December 31, 2017 Corporate Class Contractual 0.21% June 1, 2016 December 31, 2017 Institutional Class Contractual 0.18% June 1, 2016 December 31, 2017 Personal Investment Class Contractual 0.73% June 1, 2016 December 31, 2017 Private Investment Class Contractual 0.48% June 1, 2016 December 31, 2017 Reserve Class Contractual 1.05% June 1, 2016 December 31, 2017 Resource Class Contractual 0.34% June 1, 2016 December 31, 2017
/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 limitation also excludes Trustees' fees and federal registration expenses. 18 EXHIBIT "C" - VARIABLE INSURANCE FUNDS AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ -------------------- ----------------- -------------- Invesco V.I. American Franchise Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2017 Invesco V.I. American Value Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Balanced-Risk Allocation Fund/1/ Series I Shares Contractual 0.80% less net AFFE* May 1, 2014 April 30, 2018 Series II Shares Contractual 1.05% less net AFFE* May 1, 2014 April 30, 2018 Invesco V.I. Comstock Fund Series I Shares Contractual 0.78% May 1, 2013 April 30, 2018 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2018 Invesco V.I. Core Equity Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Core Plus Bond Fund Series I Shares Contractual 0.61% April 30, 2015 April 30, 2018 Series II Shares Contractual 0.86% April 30, 2015 April 30, 2018 Invesco V.I. Diversified Dividend Fund Series I Shares Contractual 2.00% May 1, 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Equally-Weighted S&P 500 Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Equity and Income Fund Series I Shares Contractual 1.50% July 1, 2012 June 30, 2017 Series II Shares Contractual 1.75% July 1, 2012 June 30, 2017 Invesco V.I. Global Core Equity Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2017 Invesco V.I. Global Health Care Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Global Real Estate Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017
/1/ Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund IV, Ltd. 19
CONTRACTUAL/ EXPENSE EFFECTIVE DATE OF EXPIRATION FUND VOLUNTARY LIMITATION CURRENT LIMIT DATE ---- ------------ ---------- ----------------- -------------- Invesco V.I. Government Money Market Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2017 Invesco V.I. Government Securities Fund Series I Shares Contractual 1.50% May 1, 2013 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2013 June 30, 2017 Invesco V.I. Growth and Income Fund Series I Shares Contractual 0.78% May 1. 2013 April 30, 2018 Series II Shares Contractual 1.03% May 1, 2013 April 30, 2018 Invesco V.I. High Yield Fund Series I Shares Contractual 1.50% May 1, 2014 June 30, 2017 Series II Shares Contractual 1.75% May 1, 2014 June 30, 2017 Invesco V.I. International Growth Fund Series I Shares Contractual 2.25% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.50% July 1, 2012 June 30, 2017 Invesco V.I. Managed Volatility Fund Series I Shares Contractual 2.00% May 1, 2015 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2015 June 30, 2017 Invesco V.I. Mid Cap Core Equity Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Mid Cap Growth Fund Series I Shares Contractual 2.00% July 1, 2014 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2014 June 30, 2017 Invesco V.I. S&P 500 Index Fund Series I Shares Contractual 2.00% July 1, 2012 June 30, 2017 Series II Shares Contractual 2.25% July 1, 2012 June 30, 2017 Invesco V.I. Small Cap Equity Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Technology Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017 Invesco V.I. Value Opportunities Fund Series I Shares Contractual 2.00% May 1. 2013 June 30, 2017 Series II Shares Contractual 2.25% May 1, 2013 June 30, 2017
* ACQUIRED FUND FEES AND EXPENSES ("AFFE") WILL BE CALCULATED AS OF THE FUND'S FISCAL YEAR END ACCORDING TO INSTRUCTION 3(F) OF ITEM 3 OF FORM N-1A. "NET AFFE" WILL BE CALCULATED BY SUBTRACTING ANY WAIVERS BY INVESCO ASSOCIATED WITH INVESTMENTS IN AFFILIATED FUNDS, SUCH AS INVESTMENTS IN AFFILIATED MONEY MARKET FUNDS, FROM THE AFFE CALCULATED IN ACCORDANCE WITH THE PRECEDING SENTENCE. FOR CLARITY, THE NET AFFE CALCULATED AS OF THE FUND'S FISCAL YEAR END WILL BE USED THROUGHOUT THE WAIVER PERIOD IN ESTABLISHING THE FUND'S WAIVER AMOUNT, REGARDLESS OF WHETHER ACTUAL AFFE IS MORE OR LESS DURING THE WAIVER PERIOD. 20 Sub-Item 77Q1(e) AMENDMENT NO. 13 TO SUB-ADVISORY CONTRACT This Amendment dated as of October 28, 2016, amends the Sub-Advisory Contract (the "Contract") between Invesco Advisers, Inc. (the "Advisor") and Invesco PowerShares Capital Management LLC (the "Sub-Advisor"). WHEREAS, the parties agree to amend the Contract to remove Invesco Unconstrained Bond Fund and Invesco Strategic Income Fund, series portfolios of AIM Investment Funds (Invesco Investment Funds) (the "Fund"); NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows: 1. The Contract is hereby amended to add the Fund to the Contract as a recipient of the sub-advisory services by revising recital A) at the beginning of the Agreement to read as follows: The Advisor has entered into an investment advisory agreement with AIM Counselor Series Trust (Invesco Counselor Series Trust) ("ACST"), AIM Growth Series (Invesco Growth Series) ("AGS"), AIM Investment Funds (Invesco Investment Funds) ("AIF"), AIM International Mutual Funds (Invesco International Mutual Funds) ("AIMF"), Invesco Management Trust ("IMT") and Invesco Securities Trust ("IST") (collectively, the "Trusts"), open-end management investment companies registered under the Investment Company Act of 1940, as amended (the "1940 Act"), with respect to, among others, the Invesco Short Duration High Yield Municipal Fund and Invesco Strategic Real Return (series portfolios of ACST), Invesco Alternative Strategies Fund and Invesco Multi-Asset Inflation Fund (series portfolios of AGS), Invesco Multi-Asset Income Fund, Invesco Macro Allocation Strategy Fund, Invesco Macro International Equity Fund, Invesco Macro Long/Short Fund, Invesco Global Market Neutral Fund, Invesco Global Targeted Returns Fund, Invesco Low Volatility Emerging Markets Fund, Invesco All Cap Market Neutral Fund, Invesco Long/Short Equity Fund, Invesco Global Infrastructure Fund and Invesco MLP Fund (series portfolios of AIF), the Invesco Global Opportunities Fund, Invesco Global Responsibility Equity Fund, Invesco International Companies Fund and the Invesco Select Opportunities Fund (series portfolios of AIMF), Invesco Balanced-Risk Aggressive Allocation Fund (a series portfolio of IST) and the Invesco Conservative Income Fund (a series portfolio of IMT) (collectively, the "Funds"); and 2. All other terms and provisions of the Contract not amended shall remain in full force and effect. 1 IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written. INVESCO ADVISERS, INC. ADVISOR BY: /S/ JOHN M. ZERR -------------------------- NAME: JOHN M. ZERR TITLE: SENIOR VICE PRESIDENT 2 INVESCO POWERSHARES CAPITAL MANAGEMENT LLC Sub-Advisor BY: /S/ DANIEL E. DRAPER ------------------------------ NAME: DAN DRAPER TITLE: MANAGING DIRECTOR - INVESCO POWERSHARES GLOBAL ETFS 3 Sub-Item 77Q1(e) AMENDMENT NO. 14 TO SUB-ADVISORY CONTRACT This Amendment dated as of February 27, 2017, amends the Sub-Advisory Contract (the "Contract") between Invesco Advisers, Inc. (the "Advisor") and Invesco PowerShares Capital Management LLC (the "Sub-Advisor"). WHEREAS, the parties agree to amend the Contract to remove Invesco Macro International Equity Fund and Invesco Macro Long/Short Fund, series portfolios of AIM Investment Funds (Invesco Investment Funds) (the "Fund"); NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows: 1. The Contract is hereby amended to add the Fund to the Contract as a recipient of the sub-advisory services by revising recital A) at the beginning of the Agreement to read as follows: The Advisor has entered into an investment advisory agreement with AIM Counselor Series Trust (Invesco Counselor Series Trust) ("ACST"), AIM Growth Series (Invesco Growth Series) ("AGS"), AIM Investment Funds (Invesco Investment Funds) ("AIF"), AIM International Mutual Funds (Invesco International Mutual Funds) ("AIMF"), Invesco Management Trust ("IMT") and Invesco Securities Trust ("IST") (collectively, the "Trusts"), open-end management investment companies registered under the Investment Company Act of 1940, as amended (the "1940 Act"), with respect to, among others, the Invesco Short Duration High Yield Municipal Fund and Invesco Strategic Real Return (series portfolios of ACST), Invesco Alternative Strategies Fund and Invesco Multi-Asset Inflation Fund (series portfolios of AGS), Invesco Multi-Asset Income Fund, Invesco Macro Allocation Strategy Fund, Invesco Global Market Neutral Fund, Invesco Global Targeted Returns Fund, Invesco Low Volatility Emerging Markets Fund, Invesco All Cap Market Neutral Fund, Invesco Long/Short Equity Fund, Invesco Global Infrastructure Fund and Invesco MLP Fund (series portfolios of AIF), the Invesco Global Opportunities Fund, Invesco Global Responsibility Equity Fund, Invesco International Companies Fund and the Invesco Select Opportunities Fund (series portfolios of AIMF), Invesco Balanced-Risk Aggressive Allocation Fund (a series portfolio of IST) and the Invesco Conservative Income Fund (a series portfolio of IMT) (collectively, the "Funds"); and 2. All other terms and provisions of the Contract not amended shall remain in full force and effect. 1 IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written. INVESCO ADVISERS, INC. ADVISOR BY: /S/ JOHN M. ZERR -------------------------- NAME: JOHN M. ZERR TITLE: SENIOR VICE PRESIDENT 2 INVESCO POWERSHARES CAPITAL MANAGEMENT LLC Sub-Advisor BY: /S/ DANIEL E. DRAPER ------------------------------ NAME: DAN DRAPER TITLE: MANAGING DIRECTOR - INVESCO POWERSHARES GLOBAL ETFS 3 EX-99.77Q3 6 d400233dex9977q3.txt EX-99.77Q3 INVESCO INTERNATIONAL GROWTH FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 1
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 27,628 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 36 Class C $ 671 Class R $ 945 Class Y $ 49,645 Class R5 $ 22,280 Class R6 $ 13,429 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $ 0.3717 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $ 0.1228 Class C $ 0.1228 Class R $ 0.2889 Class Y $ 0.4562 Class R5 $ 0.4856 Class R6 $ 0.5153 74U. 1 Number of shares outstanding (000's Omitted) Class A 68,421 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 199 Class C 4,930 Class R 3,024 Class Y 113,437 Class R5 41,520 Class R6 23,603 74V. 1 Net asset value per share (to nearest cent) Class A $ 33.48 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 30.76 Class C $ 30.80 Class R $ 33.08 Class Y $ 33.56 Class R5 $ 34.00 Class R6 $ 34.00
INVESCO GLOBAL SMALL & MID CAP GROWTH FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 3
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 3,142 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ -- Class C $ -- Class Y $ 149 Class R5 $ 141 Class R6 $ -- 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.1239 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0003 Class C $0.0003 Class Y $0.1699 Class R5 $0.1938 Class R6 $ -- 74U. 1 Number of shares outstanding (000's Omitted) Class A 24,110 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 169 Class C 1,470 Class Y 1,090 Class R5 669 Class R6 1 74V. 1 Net asset value per share (to nearest cent) Class A $ 19.34 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 15.95 Class C $ 15.97 Class Y $ 19.37 Class R5 $ 19.22 Class R6 $ 19.23
INVESCO GLOBAL GROWTH FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 5
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 1,037 2 Dividends for a second class of open-end company shares (000's Omitted) Class Y $ 74 Class R5 $ -- Class R6 $ 2,361 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.0944 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class Y $0.1656 Class R5 $0.2079 Class R6 $0.2079 74U. 1 Number of shares outstanding (000's Omitted) Class A 10,604 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 57 Class C 862 Class Y 569 Class R5 -- Class R6 10,770 74V. 1 Net asset value per share (to nearest cent) Class A $ 30.27 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 27.80 Class C $ 27.81 Class Y $ 30.34 Class R5 $ 30.12 Class R6 $ 30.11
INVESCO ASIA PACIFIC GROWTH FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 9
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 4,223 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 8 Class C $ 155 Class Y $ 3,847 Class R6 $ -- 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.2928 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0634 Class C $0.0634 Class Y $0.3706 Class R6 $ -- 74U. 1 Number of shares outstanding (000's Omitted) Class A 13,526 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 92 Class C 2,285 Class Y 10,163 Class R6 -- 74V. 1 Net asset value per share (to nearest cent) Class A $ 33.17 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 30.91 Class C $ 30.71 Class Y $ 33.24 Class R6 $ 33.24
INVESCO EUROPEAN GROWTH FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 10
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 7,018 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 16 Class C $ 634 Class R $ 163 Class Y $12,720 Investor Class $ 2,327 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.5281 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.2370 Class C $0.2370 Class R $0.4311 Class Y $0.6267 Investor Class $0.5400 74U. 1 Number of shares outstanding (000's Omitted) Class A 11,927 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 46 Class C 2,370 Class R 339 Class Y 19,227 Investor Class 4,168 Class R6 -- 74V. 1 Net asset value per share (to nearest cent) Class A $ 37.55 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 34.94 Class C $ 34.98 Class R $ 37.41 Class Y $ 37.60 Investor Class $ 37.45 Class R6 $ 37.60
INVESCO INTERNATIONAL CORE EQUITY FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 11
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 574 2 Dividends for a second class of open-end company shares (000's Omitted) Class B $ 4 Class C $ 74 Class R $ 29 Class Y $ 71 Investor Class $ 164 Class R5 $ 58 Class R6 $ 528 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.1721 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class B $0.0887 Class C $0.0887 Class R $0.1448 Class Y $0.1999 Investor Class $0.1721 Class R5 $0.2146 Class R6 $0.2157 74U. 1 Number of shares outstanding (000's Omitted) Class A 3,281 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class B 31 Class C 823 Class R 182 Class Y 469 Investor Class 924 Class R5 277 Class R6 1,321 74V. 1 Net asset value per share (to nearest cent) Class A $ 11.21 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class B $ 11.27 Class C $ 10.96 Class R $ 11.24 Class Y $ 11.39 Investor Class $ 11.39 Class R5 $ 11.13 Class R6 $ 11.13
INVESCO GLOBAL OPPORTUNITIES FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 12
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ 149 2 Dividends for a second class of open-end company shares (000's Omitted) Class C $ 16 Class R $ 3 Class Y $ 7 Class R5 $ -- Class R6 $ -- 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.1721 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class C $0.0743 Class R $0.1397 Class Y $0.2062 Class R5 $0.2062 Class R6 $0.2062 74U. 1 Number of shares outstanding (000's Omitted) Class A 901 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class C 218 Class R 24 Class Y 60 Class R5 1 Class R6 1 74V. 1 Net asset value per share (to nearest cent) Class A $ 14.79 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class C $ 14.53 Class R $ 14.71 Class Y $ 14.82 Class R5 $ 14.83 Class R6 $ 14.83
INVESCO SELECT OPPORTUNITIES FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 13
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ -- 2 Dividends for a second class of open-end company shares (000's Omitted) Class C $ -- Class R $ -- Class Y $ -- Class R5 $ -- Class R6 $ -- 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $ -- 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class C $ -- Class R $ -- Class Y $ -- Class R5 $ -- Class R6 $ -- 74U. 1 Number of shares outstanding (000's Omitted) Class A 1,324 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class C 1,492 Class R 23 Class Y 837 Class R5 1 Class R6 1 74V. 1 Net asset value per share (to nearest cent) Class A $15.05 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class C $14.56 Class R $14.89 Class Y $15.22 Class R5 $15.22 Class R6 $15.21
INVESCO INTERNATIONAL COMPANIES FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 72DD, 73A, 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 14
74U. 1 Number of shares outstanding (000's Omitted) Class A 207 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class C 56 Class R 4 Class Y 354 Class R5 1 Class R6 7,707 74V. 1 Net asset value per share (to nearest cent) Class A $11.62 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class C $11.53 Class R $11.58 Class Y $11.64 Class R5 $11.63 Class R6 $11.63
INVESCO GLOBAL RESPONSIBILITY EQUITY FUND SUB-ITEM 77Q3
DUE TO THE RESTRICTIONS IN THE FORMAT OF FORM N-SAR TO ALLOW REPORTING OF INFORMATION FOR MULTIPLE CLASSES OF SHARES, THIS EXHIBIT PROVIDES CLASS LEVEL INFORMATION FOR ITEMS 74U AND 74V. FOR PERIOD ENDING: 4/30/2017 FILE NUMBER : 811-6463 SERIES NO.: 15
72DD. 1 Total income dividends for which record date passed during the period. (000's Omitted) Class A $ -- 2 Dividends for a second class of open-end company shares (000's Omitted) Class C $ -- Class R $ -- Class Y $ -- Class R5 $ -- Class R6 $ 12 73A. Payments per share outstanding during the entire current period: (form nnn.nnnn) 1 Dividends from net investment income Class A $0.0599 2 Dividends for a second class of open-end company shares (form nnn.nnnn) Class C $0.0190 Class R $0.0463 Class Y $0.0720 Class R5 $0.0720 Class R6 $0.0720 74U. 1 Number of shares outstanding (000's Omitted) Class A 15 2 Number of shares outstanding of a second class of open-end company shares (000's Omitted) Class C 4 Class R 1 Class Y 5 Class R5 1 Class R6 239 74V. 1 Net asset value per share (to nearest cent) Class A $ 11.71 2 Net asset value per share of a second class of open-end company shares (to nearest cent) Class C $ 11.68 Class R $ 11.70 Class Y $ 11.72 Class R5 $ 11.72 Class R6 $ 11.72