AMENDMENT NO. 15 TO MASTER INVESTMENT ADVISORY AGREEMENT

AMENDMENT NO. 15

MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of May 15, 2020, amends the Master Investment Advisory Agreement (the “Agreement”), dated November 25, 2003, between AIM Sector Funds (Invesco Sector Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.

WITNESSETH:

WHEREAS, the parties desire to amend the Agreement (i) remove Invesco Gold & Precious Metals Fund and (ii) reduce the contractual advisory fee schedule of Invesco Xxxxxxxxxxx Gold & Special Minerals Fund;

NOW, THEREFORE, the parties agree that:

Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following:

“APPENDIX A

FUNDS AND EFFECTIVE DATES


Name of Fund		Effective Date of Advisory Agreement

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 Technology Fund		November 25, 2003

Invesco Small Cap Value Fund		February 12, 2010

Invesco Value Opportunities Fund		February 12, 2010

Invesco Xxxxxxxxxxx Gold & Special Minerals Fund		May 24, 2019

Invesco Xxxxxxxx Select Fund		May 24, 0000

XXXXXXXX X

COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.

Invesco American Value Fund


Net Assets	Annual Rate

First $500 million		0.72	%
Next $500 million		0.715	%
Next $1 billion		0.585	%
Next $4 billion		0.5625	%
Over $6 billion		0.5425	%

Invesco Xxxxxxxx Fund


Net Assets	Annual Rate

First $1 billion		0.50	%
Next $1 billion		0.45	%
Next $1 billion		0.40	%
Over $3 billion		0.35	%

Invesco Xxxxxxxx Select Fund^*


Net Assets	Annual Rate

First $300 million		0.625	%
Next $100 million		0.500	%
Next $4.6 billion		0.450	%
Over $5 billion		0.430	%

Invesco Dividend Income Fund


Net Assets	Annual Rate

First $500 million		0.6325	%
Next $500 million		0.6125	%
Next $600 million		0.60	%
Next $400 million		0.5325	%
Next $2 billion		0.45	%
Next $2 billion		0.40	%
Next $2 billion		0.375	%
Over $8 billion		0.35	%

^*	The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

Invesco Energy Fund


Net Assets	Annual Rate

First $350 million		0.75	%
Next $350 million		0.65	%
Next $1.3 billion		0.55	%
Next $2 billion		0.45	%
Next $2 billion		0.40	%
Next $2 billion		0.375	%
Over $8 billion		0.35	%

Invesco Xxxxxxxxxxx Gold & Special Minerals Fund^*


Net Assets	Annual Rate**

First $200 million		0.750	%
Next $150 million		0.720	%
Next $350 million		0.680	%
Next $1.3 billion		0.560	%
Next $2 billion		0.460	%
Next $2 billion		0.410	%
Next $2 billion		0.385	%
Over $8 billion		0.360	%

To the extent Invesco Xxxxxxxxxxx Gold & Special Minerals Fund invests its assets in Invesco Xxxxxxxxxxx Gold & Special Minerals Fund (Cayman) Ltd., a direct wholly-owned subsidiary of Invesco Xxxxxxxxxxx Gold & Special Minerals Fund, the Adviser shall not collect the portion of the advisory fee that the Adviser would otherwise be entitled to collect from Invesco Xxxxxxxxxxx Gold & Special Minerals Fund, in an amount equal to 100% of the advisory fee that the Adviser receives from Invesco Xxxxxxxxxxx Gold & Special Minerals Fund (Cayman) Ltd.

Invesco Small Cap Value Fund


Net Assets	Annual Rate

First $500 million		0.67	%
Next $500 million		0.645	%
Over $1 billion		0.62	%

Invesco Technology Fund


Net Assets	Annual Rate

First $500 million		0.67	%
Next $500 million		0.64	%
Next $1 billion		0.52	%
Next $2 billion		0.45	%
Next $2 billion		0.40	%
Next $2 billion		0.375	%
Over $8 billion		0.35	%

^*	The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

Invesco Value Opportunities Fund


Net Assets	Annual Rate

First $250 million		0.695	%
Next $250 million		0.67	%
Next $500 million		0.645	%
Next $1.5 billion		0.62	%
Next $2.5 billion		0.595	%
Next $2.5 billion		0.57	%
Next $2.5 billion		0.545	%
Over $10 billion		0.52	%”

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.

AIM SECTOR FUNDS

(INVESCO SECTOR FUNDS)

Attest:

/s/ Xxxxxxxxx Xxxxxx

By:

/s/ Xxxxxxx X. Xxxxx

Assistant Secretary

Xxxxxxx X. Xxxxx

Secretary, Senior Vice President and Chief Legal Officer

INVESCO ADVISERS, INC.