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 Municipal
Income Opportunities Trust, Invesco Securities Trust, Invesco, Invesco Quality
Municipal Income Trust 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 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.
The Boards of Trustees and Invesco may terminate or modify this Memorandum
of Agreement prior to the Expiration Date only by mutual written consent.
Invesco will not have any right to reimbursement of any amount so waived or
reimbursed.
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 the Trusts and Invesco have 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 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 MUNICIPAL INCOME OPPORTUNITIES TRUST
INVESCO QUALITY MUNICIPAL INCOME TRUST
INVESCO SECURITIES TRUST
INVESCO VALUE MUNICIPAL INCOME TRUST
on behalf of the Funds listed in the Exhibit
to this Memorandum of Agreement
By: /s/ Xxxx X. Xxxx
-----------------------------------
Title: Senior Vice President
INVESCO ADVISERS, INC.
By: /s/ Xxxx X. Xxxx
-----------------------------------
Title: Senior Vice President
EXHIBIT A TO ADVISORY FEE MOA
AIM EQUITY FUNDS
(INVESCO EQUITY EXPIRATION
FUNDS) WAIVER DESCRIPTION EFFECTIVE DATE DATE
--------------------------- ------------------------------------------------------------------ -------------- ----------
Invesco Constellation Fund Invesco will waive advisory fees to the extent necessary so that
advisory fees Invesco receives do not exceed the annualized rates
listed below. 3/27/2006 12/31/2013*
0.695% of the first $250M
0.615% of the next $4B
0.595% of the next $750M
0.57% of the next $2.5B
0.545% of the next $2.5B
0.52% of the excess over $10B
AIM TREASURER'S
SERIES TRUST
(INVESCO TREASURER'S EXPIRATION
SERIES TRUST) WAIVER DESCRIPTION EFFECTIVE DATE DATE
------------------------ --------------------------------------------------------------- -------------- ----------
Premier Portfolio Invesco will waive advisory fees in the amount of 0.07% of the
Fund's average daily net assets 2/1/2011 12/31/2013
Premier U.S. Government Invesco will waive advisory fees in the amount of 0.07% of the
Money Portfolio Fund's average daily net assets 2/1/2011 12/31/2013
* Or upon the closing of the Fund merger with Invesco American Franchise Fund
EXHIBIT "B"
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL
--------- ------------------ ---------------
Invesco American Franchise Fund February 12, 2010 June 30, 0000
Xxxxxxx Xxxxxxxxxx Tax-Free Income Fund February 12, 2010 June 30, 2014
Invesco Core Plus Bond Fund June 2, 2009 June 30, 2014
Invesco Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2014
Invesco Equity and Income Fund February 12, 2010 June 30, 2014
Invesco Floating Rate Fund July 1, 2007 June 30, 2014
Invesco Global Real Estate Income Fund July 1, 2007 June 30, 2014
Invesco Growth and Income Fund February 12, 2010 June 30, 0000
Xxxxxxx Xxxxxxxxxxxx Tax Free Income Fund February 12, 2010 June 30, 2014
Invesco S&P 500 Index Fund February 12, 2010 June 30, 2014
Invesco Small Cap Discovery Fund February 12, 2010 June 30, 0000
Xxxxxxx X.X. Quantitative Core Fund July 1, 2007 June 30, 2014
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL
--------- ------------------ ---------------
Invesco Charter Fund July 1, 2007 June 30, 2014
Invesco Constellation Fund July 1, 2007 June 30, 2014
Invesco Disciplined Equity Fund July 14, 2009 June 30, 2014
Invesco Diversified Dividend Fund July 1, 2007 June 30, 0000
Xxxxxxx Xxxxxx Fund July 1, 2007 June 30, 2014
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ------------------ ---------------
Invesco European Small Company Fund July 1, 2007 June 30, 2014
Invesco Global Core Equity Fund July 1, 2007 June 30, 2014
Invesco International Small Company Fund July 1, 2007 June 30, 2014
Invesco Small Cap Equity Fund July 1, 2007 June 30, 2014
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ------------------ ---------------
Invesco Convertible Securities Fund February 12, 2010 June 30, 2014
Invesco Global Quantitative Core Fund July 1, 2007 June 30, 2014
Invesco Leaders Fund February 12, 2010 June 30, 2014
Invesco Mid Cap Core Equity Fund July 1, 2007 June 30, 2014
Invesco Small Cap Growth Fund July 1, 2007 June 30, 0000
Xxxxxxx X.X. Mortgage Fund February 12, 2010 June 30, 2014
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ------------------ ---------------
Invesco Asia Pacific Growth Fund July 1, 2007 June 30, 2014
Invesco European Growth Fund July 1, 2007 June 30, 2014
Invesco Global Growth Fund July 1, 2007 June 30, 2014
Invesco Global Opportunities Fund August 3, 2012 June 30, 2014
Invesco Global Small & Mid Cap Growth Fund July 1, 2007 June 30, 2014
Invesco International Core Equity Fund July 1, 2007 June 30, 2014
Invesco International Growth Fund July 1, 2007 June 30, 2014
Invesco Select Opportunities Fund August 3, 2012 June 30, 2014
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ------------------ ---------------
Invesco Balanced-Risk Allocation Fund* May 29, 2009 June 30, 2014
Invesco Balanced-Risk Commodity Strategy
Fund** November 29, 2010 June 30, 2014
Invesco China Fund July 1, 2007 June 30, 2014
Invesco Developing Markets Fund July 1, 2007 June 30, 2014
Invesco Emerging Markets Equity Fund May 11, 2011 June 30, 2014
Invesco Emerging Market Local Currency Debt
Fund June 14, 2010 June 30, 2014
Invesco Endeavor Fund July 1, 2007 June 30, 2014
Invesco Global Health Care Fund July 1, 2007 June 30, 2014
Invesco Global Markets Strategy Fund September 25, 2012 June 30, 2014
Invesco International Total Return Fund July 1, 2007 June 30, 2014
Invesco Pacific Growth Fund February 12, 2010 June 30, 2014
Invesco Premium Income Fund December 13, 2011 June 30, 2014
Invesco Select Companies Fund July 1, 2007 June 30, 2014
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ------------------ ---------------
Invesco Corporate Bond Fund February 12, 2010 June 30, 2014
Invesco Dynamics Fund July 1, 2007 June 30, 2014
Invesco Global Real Estate Fund July 1, 2007 June 30, 2014
Invesco High Yield Fund July 1, 2007 June 30, 2014
Invesco High Yield Securities Fund February 12, 2010 June 30, 2014
Invesco Limited Maturity Treasury Fund July 1, 2007 June 30, 2014
Invesco Money Market Fund July 1, 2007 June 30, 2014
Invesco Municipal Bond Fund July 1, 2007 June 30, 2014
Invesco Real Estate Fund July 1, 2007 June 30, 2014
Invesco Short Term Bond Fund July 1, 2007 June 30, 0000
Xxxxxxx X.X. Government Fund July 1, 2007 June 30, 2014
--------
* 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.
** 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.
SUB-ITEM 77Q1(e)
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ----------------- ---------------
Invesco American Value Fund February 12, 2010 June 30, 2014
Invesco Xxxxxxxx Fund February 12, 2010 June 30, 2014
Invesco Dividend Income Fund July 1, 2007 June 30, 2014
Invesco Energy Fund July 1, 2007 June 30, 2014
Invesco Gold & Precious Metals Fund July 1, 2007 June 30, 2014
Invesco Leisure Fund July 1, 2007 June 30, 2014
Invesco Mid Cap Growth Fund February 12, 2010 June 30, 2014
Invesco Small Cap Value Fund February 12, 2010 June 30, 2014
Invesco Technology Fund July 1, 2007 June 30, 2014
Invesco Technology Sector Fund February 12, 2010 June 30, 2014
Invesco Value Opportunities Fund February 12, 2010 June 30, 2014
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ----------------- ---------------
Invesco High Yield Municipal Fund February 12, 2010 June 30, 2014
Invesco Intermediate Term Municipal Income
Fund February 12, 2010 June 30, 2014
Invesco Municipal Income Fund February 12, 2010 June 30, 2014
Invesco New York Tax Free Income Fund February 12, 2010 June 30, 2014
Invesco Tax-Exempt Cash Fund July 1, 2007 June 30, 2014
Invesco Tax-Free Intermediate Fund July 1, 2007 June 30, 2014
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ----------------- ---------------
Invesco V.I. American Franchise Fund February 12, 2010 June 30, 2014
Invesco V.I. American Value Fund February 12, 2010 June 30, 2014
Invesco V.I. Balanced-Risk Allocation Fund*** December 22, 2010 June 30, 2014
Invesco V.I. Xxxxxxxx Fund February 12, 2010 June 30, 2014
Invesco V.I. Core Equity Fund July 1, 2007 June 30, 2014
Invesco V.I. Diversified Dividend Fund February 12, 2010 June 30, 2014
Invesco V.I. Diversified Income Fund July 1, 2007 June 30, 2014
Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010 June 30, 2014
Invesco V.I. Equity and Income Fund February 12, 2010 June 30, 2014
Invesco V.I. Global Core Equity Fund February 12, 2010 June 30, 2014
Invesco V.I. Global Health Care Fund July 1, 2007 June 30, 2014
Invesco V.I. Global Real Estate Fund July 1, 2007 June 30, 2014
Invesco V.I. Government Securities Fund July 1, 2007 June 30, 2014
Invesco V.I. Growth and Income Fund February 12, 2010 June 30, 2014
Invesco V.I. High Yield Fund July 1, 2007 June 30, 2014
Invesco V.I. International Growth Fund July 1, 2007 June 30, 2014
Invesco V.I. Mid Cap Core Equity Fund July 1, 2007 June 30, 2014
Invesco V.I. Mid Cap Growth Fund February 12, 2010 June 30, 2014
Invesco V.I. Money Market Fund July 1, 2007 June 30, 2014
Invesco V.I. S&P 500 Index Fund February 12, 2010 June 30, 2014
Invesco V.I. Small Cap Equity Fund July 1, 2007 June 30, 2014
Invesco V.I. Technology Fund July 1, 2007 June 30, 2014
Invesco V.I. Utilities Fund July 1, 2007 June 30, 2014
Invesco V.I. Value Opportunities Fund July 1, 2007 June 30, 2014
--------
*** Advisory fees to be waived by Invesco for Invesco V.I. Balanced-Risk
Allocation Fund also include an amount equal to advisory fees that Invesco
receives from any money market fund or similarly pooled cash equivalent
investment vehicle advised by Invesco and/or Invesco's affiliates in which
Invesco Cayman Commodity Fund IV, Ltd. invests.
INVESCO SECURITIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ---------------- ---------------
Invesco Balanced-Risk Aggressive Allocation
Fund January 16, 2013 June 30, 2014
CLOSED-END FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL
---- ---------------- ---------------
Invesco Municipal Income Opportunities Trust June 1, 2010 June 30, 2014
Invesco Quality Municipal Income Trust June 1, 2010 June 30, 2014
Invesco Value Municipal Income Trust June 1, 2010 June 30, 2014
Sub-Item 77Q1(e)
SEVENTH AMENDED AND RESTATED
MEMORANDUM OF AGREEMENT
(SECURITIES LENDING ADMINISTRATIVE FEE WAIVER)
This Sixth Amended and Restated Memorandum of Agreement is entered into as
of the dates indicated on Exhibit "A" 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 Securities Trust and Short-Term Investments
Trust (each a "Fund" and collectively, the "Funds"), on behalf of the
portfolios listed on Exhibit "A" to this Memorandum of Agreement (the
"Portfolios"), and Invesco Advisers, Inc. ("Invesco").
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 Funds and Invesco agree as follows:
1. Invesco agrees that until the expiration date, if any, of the commitment
set forth on the attached Exhibit "A" occurs, as such Exhibit "A" is
amended from time to time, Invesco will not charge any administrative fee
under each Portfolio's advisory agreement in connection with securities
lending activities without prior approval from the Portfolio's Board
(such agreement is referred to as the "Waiver").
2. Neither a Fund nor Invesco may remove or amend the Waiver to a Fund's
detriment prior to requesting and receiving the approval of the
Portfolio's Board to remove or amend the Waiver. Invesco will not have
any right to reimbursement of any amount so waived.
Unless a Fund, by vote of its Board of Trustees terminates the Waiver, or a
Fund and Invesco are unable to reach an agreement on the amount of the Waiver
to which the Fund and Invesco desire to be bound, the Waiver will continue
indefinitely with respect to such Fund. Exhibit "A" will be amended to reflect
the new date through which a Fund and Invesco agree to be bound.
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.
Nothing in this Memorandum of Agreement is intended to affect any other
memorandum of agreement executed by any Fund or Invesco with respect to any
other fee waivers, expense reimbursements and/or expense limitations.
IN WITNESS WHEREOF, each Fund, on behalf of itself and its Portfolios listed
in Exhibit "A" to this Memorandum of Agreement, and Invesco have entered into
this Memorandum of Agreement as of the dates indicated on Exhibit "A".
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 FUNDS)
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
INVESCO SECURITIES TRUST
SHORT-TERM INVESTMENTS TRUST
By: /s/ Xxxx X. Xxxx
-----------------------------------
Title: Senior Vice President
INVESCO ADVISERS, INC.
By: /s/ Xxxx X. Xxxx
-----------------------------------
Title: Senior Vice President
2
EXHIBIT "A"
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL*
--------- ------------------ ----------------
Invesco American Franchise Fund February 12, 0000
Xxxxxxx Xxxxxxxxxx Tax-Free Income Fund February 12, 2010
Invesco Core Plus Bond Fund June 2, 2009
Invesco Equally-Weighted S&P 500 Fund February 12, 2010
Invesco Equity and Income Fund February 12, 2010
Invesco Floating Rate Fund April 14, 2006
Invesco Global Real Estate Income Fund March 9, 2007
Invesco Growth and Income Fund February 12, 0000
Xxxxxxx Xxxxxxxxxxxx Tax Free Income Fund February 12, 2010
Invesco S&P 500 Index Fund February 12, 2010
Invesco Small Cap Discovery Fund February 12, 2010
Invesco U.S. Quantitative Core Fund March 31, 2006
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL*
--------- ------------------ ----------------
Invesco Charter Fund June 21, 2000
Invesco Constellation Fund June 21, 2000
Invesco Disciplined Equity Fund July 14, 2009
Invesco Diversified Dividend Fund December 28, 0000
Xxxxxxx Xxxxxx Fund July 24, 2000
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco European Small Company Fund August 30, 2000
Invesco Global Core Equity Fund December 27, 2000
Invesco International Small Company Fund August 30, 2000
Invesco Small Cap Equity Fund August 30, 2000
AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco Convertible Securities Fund February 12, 2010
Invesco Global Quantitative Core Fund September 1, 2001
Invesco Leaders Fund February 12, 2010
Invesco Mid Cap Core Equity Fund September 1, 2001
Invesco Small Cap Growth Fund September 11, 0000
Xxxxxxx X.X. Mortgage Fund February 12, 2010
* Committed until the Fund or Invesco requests and receives the approval of
the Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-1
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco Asia Pacific Growth Fund June 21, 2000
Invesco European Growth Fund June 21, 2000
Invesco Global Growth Fund June 21, 2000
Invesco Global Opportunities Fund August 1, 2012
Invesco Global Small & Mid Cap Growth Fund June 21, 2000
Invesco International Core Equity Fund November 25, 2003
Invesco International Growth Fund June 21, 2000
Invesco Select Opportunities Fund August 1, 2012
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco Balanced-Risk Allocation Fund May 29, 2009
Invesco Balanced-Risk Commodities Xxxxxxxx
Xxxx Xxxxxxxx 00, 0000
Xxxxxxx Xxxxx Fund March 31, 2006
Invesco Developing Markets Fund September 1, 2001
Invesco Emerging Market Local Currency
Debt Fund June 14, 2010
Invesco Emerging Markets Equity Fund May 11, 2011
Invesco Endeavor Fund November 4, 2003
Invesco Global Health Care Fund September 1, 2001
Invesco Global Markets Strategy Fund September 26, 2012
Invesco International Total Return Fund March 31, 2006
Invesco Pacific Growth Fund February 12, 2010
Invesco Premium Income Fund December 13, 2011
Invesco Select Companies Fund November 4, 2003
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco Corporate Bond Fund February 12, 2010
Invesco Dynamics Fund November 25, 2003
Invesco Global Real Estate Fund April 29, 2005
Invesco High Yield Fund June 1, 2000
Invesco High Yield Securities Fund February 12, 2010
Invesco Limited Maturity Treasury Fund June 1, 2000
Invesco Money Market Fund June 1, 2000
Invesco Municipal Bond Fund June 1, 2000
Invesco Real Estate Fund September 11, 2000
Invesco Short Term Bond Fund August 29, 2002
Invesco U.S. Government Fund June 1, 2000
* Committed until the Fund or Invesco requests and receives the approval of
the Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-2
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL+
---- ------------------ ----------------
Invesco American Value Fund February 12, 2010
Invesco Xxxxxxxx Fund February 12, 2010
Invesco Dividend Income Fund November 25, 2003
Invesco Energy Fund November 25, 2003
Invesco Gold & Precious Metals Fund November 25, 2003
Invesco Leisure Fund November 25, 2003
Invesco Mid Cap Growth Fund February 12, 2010
Invesco Small Cap Value Fund February 12, 2010
Invesco Technology Fund November 25, 2003
Invesco Technology Sector Fund February 12, 2010
Invesco Value Opportunities Fund February 12, 2010
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco High Yield Municipal Fund February 12, 2010
Invesco Intermediate Term Municipal Income
Fund February 12, 2010
Invesco Municipal Income Fund February 12, 2010
Invesco New York Tax Free Income Fund February 12, 2010
Invesco Tax-Exempt Cash Fund June 1, 2000
Invesco Tax-Free Intermediate Fund June 1, 2000
AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S SERIES TRUST)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Premier Portfolio November 25, 2003
Premier Tax-Exempt Portfolio November 25, 2003
Premier U.S. Government Money Portfolio November 25, 2003
AIM VARIABLE INSURANCE FUNDS (INVESCO INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco V.I. American Franchise Fund February 12, 2010
Invesco V.I. American Value Fund February 12, 2010
Invesco V.I. Balanced-Risk Allocation Fund May 1, 2000
Invesco V.I. Xxxxxxxx Fund February 12, 2010
Invesco V.I. Core Equity Fund May 1, 2000
Invesco V.I. Diversified Dividend Fund February 9, 2010
Invesco V.I. Diversified Income Fund May 1, 2000
Invesco V.I. Equally-Weighted S&P 500 Fund February 12, 2010
Invesco V.I. Equity and Income Fund February 12, 2010
Invesco V.I. Global Core Equity Fund February 10, 2010
Invesco V.I. Global Health Care Fund April 30, 2004
Invesco V.I. Global Real Estate Fund April 30, 2004
Invesco V.I. Government Securities Fund May 1, 2000
Invesco V.I. Growth and Income Fund February 12, 2010
Invesco V.I. High Yield Fund May 1, 2000
Invesco V.I. International Growth Fund May 1, 2000
Invesco V.I. Mid Cap Core Equity Fund September 10, 2001
Invesco V.I. Mid Cap Growth Fund February 12, 2010
--------
+ Committed until the Fund or Invesco requests and receives the approval of
the Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
* Committed until the Fund or Invesco requests and receives the approval of
the Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-3
Invesco V.I. Money Market Fund May 1, 2000
Invesco V.I. S&P 500 Index Fund February 12, 2010
Invesco V.I. Small Cap Equity Fund September 1, 2003
Invesco V.I. Technology Fund April 30, 2004
Invesco V.I. Utilities Fund April 30, 2004
Invesco V.I. Value Opportunities Fund September 10, 2001
INVESCO SECURITIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Invesco Balanced-Risk Aggressive
Allocation Fund January 16, 2013
SHORT-TERM INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Government & Agency Portfolio June 1, 2000
Government TaxAdvantage Portfolio June 1, 2000
Liquid Assets Portfolio June 1, 2000
STIC Prime Portfolio June 1, 2000
Tax-Free Cash Reserve Portfolio June 1, 2000
Treasury Portfolio June 1, 2000
* Committed until the Fund or Invesco requests and receives the approval of
the Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-4
