MEMORANDUM OF AGREEMENT (Expense Limitations)

MEMORANDUM OF AGREEMENT

(Expense Limitations)

This Memorandum of Agreement is entered into as of the Effective Date on the attached exhibits (the “Exhibits”), between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth Series (Invesco Growth Series), AIM International Mutual Funds (Invesco International Mutual Funds), AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds), AIM Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco California Value Municipal Trust, Invesco Management Trust, Invesco Quality Municipal Income 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 CALIFORNIA VALUE MUNICIPAL INCOME TRUST

INVESCO MANAGEMENT TRUST

INVESCO QUALITY MUNICIPAL INCOME TRUST

INVESCO SECURITIES TRUST

SHORT-TERM INVESTMENTS TRUST

on behalf of the Funds listed in the Exhibits

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

2

EXHIBIT “A” – RETAIL FUNDS¹

AIM Counselor Series Trust (Invesco Counselor Series Trust)

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration 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, 0000
Xxxxxxx Xxxxxxxxxx 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		0.86%		January 1, 2015		December 31, 2016
Class B Shares		Contractual		1.61%		January 1, 2015		December 31, 2016
Class C Shares		Contractual		1.61%		January 1, 2015		December 31, 2016
Class R Shares		Contractual		1.11%		January 1, 2015		December 31, 2016
Class R5 Shares		Contractual		0.61%		January 1, 2015		December 31, 2016
Class R6 Shares		Contractual		0.61%		January 1, 2015		December 31, 2016
Class Y Shares		Contractual		0.61%		January 1, 2015		December 31, 2016
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

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration 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, 0000
Xxxxxxx Xxxxxxxxxxxx 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, 2016
Class C Shares		Contractual		1.54%		September 30, 2015		December 31, 2016
Class R5 Shares		Contractual		0.54%		September 30, 2015		December 31, 2016
Class Y Shares		Contractual		0.54%		September 30, 2015		December 31, 2016
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, 2016
Class C Shares		Contractual		1.57% less net AFFE*		April 30, 2014		December 31, 2016
Class R Shares		Contractual		1.07% less net AFFE*		April 30, 2014		December 31, 2016
Class R5 Shares		Contractual		0.57% less net AFFE*		April 30, 2014		December 31, 2016
Class R6 Shares		Contractual		0.57% less net AFFE*		April 30, 2014		December 31, 2016
Class Y Shares		Contractual		0.57% less net AFFE*		April 30, 2014		December 31, 2016

See page 17 for footnotes to Exhibit A.

4

AIM Equity Funds (Invesco Equity Funds)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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, 0000

Xxxxxxx Xxxxxx 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)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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

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 Y Shares

Contractual

2.00%

July 1, 2013

June 30, 2017

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

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

Invesco Alternative Strategies Fund

Class A Shares

Contractual

1.75% less net AFFE*

October 14, 2014

April 30, 2017

Class C Shares

Contractual

2.50% less net AFFE*

October 14, 2014

April 30, 2017

Class R Shares

Contractual

2.00% less net AFFE*

October 14, 2014

April 30, 2017

Class R5 Shares

Contractual

1.50% less net AFFE*

October 14, 2014

April 30, 2017

Class R6 Shares

Contractual

1.50% less net AFFE*

October 14, 2014

April 30, 2017

Class Y Shares

Contractual

1.50% less net AFFE*

October 14, 2014

April 30, 2017

Invesco Balanced-Risk Retirement 2020 Fund

Class A Shares

Contractual

0.25%

November 4, 2009

April 30, 2017

Class AX Shares

Contractual

0.25%

February 12, 2010

April 30, 2017

Class B Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class C Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class CX Shares

Contractual

1.00%

February 12, 2010

April 30, 2017

Class R Shares

Contractual

0.50%

November 4, 2009

April 30, 2017

Class R5 Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Class R6 Shares

Contractual

0.00%

September 24, 2012

April 30, 2017

Class RX Shares

Contractual

0.50%

February 12, 2010

April 30, 2017

Class Y Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Invesco Balanced-Risk Retirement 2030 Fund

Class A Shares

Contractual

0.25%

November 4, 2009

April 30, 2017

Class AX Shares

Contractual

0.25%

February 12, 2010

April 30, 2017

Class B Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class C Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class CX Shares

Contractual

1.00%

February 12, 2010

April 30, 2017

Class R Shares

Contractual

0.50%

November 4, 2009

April 30, 2017

Class R5 Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Class R6 Shares

Contractual

0.00%

September 24, 2012

April 30, 2017

Class RX Shares

Contractual

0.50%

February 12, 2010

April 30, 2017

Class Y Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Invesco Balanced-Risk Retirement 2040 Fund

Class A Shares

Contractual

0.25%

November 4, 2009

April 30, 2017

Class AX Shares

Contractual

0.25%

February 12, 2010

April 30, 2017

Class B Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class C Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class CX Shares

Contractual

1.00%

February 12, 2010

April 30, 2017

Class R Shares

Contractual

0.50%

November 4, 2009

April 30, 2017

Class R5 Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Class R6 Shares

Contractual

0.00%

September 24, 2012

April 30, 2017

Class RX Shares

Contractual

0.50%

February 12, 2010

April 30, 2017

Class Y Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

See page 17 for footnotes to Exhibit A.

6

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

Invesco Balanced-Risk Retirement 2050 Fund

Class A Shares

Contractual

0.25%

November 4, 2009

April 30, 2017

Class AX Shares

Contractual

0.25%

February 12, 2010

April 30, 2017

Class B Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class C Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class CX Shares

Contractual

1.00%

February 12, 2010

April 30, 2017

Class R Shares

Contractual

0.50%

November 4, 2009

April 30, 2017

Class R5 Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Class R6 Shares

Contractual

0.00%

September 24, 2012

April 30, 2017

Class RX Shares

Contractual

0.50%

February 12, 2010

April 30, 2017

Class Y Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Invesco Balanced-Risk Retirement Now Fund

Class A Shares

Contractual

0.25%

November 4, 2009

April 30, 2017

Class AX Shares

Contractual

0.25%

February 12, 2010

April 30, 2017

Class B Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class C Shares

Contractual

1.00%

November 4, 2009

April 30, 2017

Class CX Shares

Contractual

1.00%

February 12, 2010

April 30, 2017

Class R Shares

Contractual

0.50%

November 4, 2009

April 30, 2017

Class R5 Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

Class R6 Shares

Contractual

0.00%

September 24, 2012

April 30, 2017

Class RX Shares

Contractual

0.50%

February 12, 2010

April 30, 2017

Class Y Shares

Contractual

0.00%

November 4, 2009

April 30, 2017

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

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

Invesco Income Allocation Fund

Class A Shares

Contractual

0.25%

May 1, 2012

April 30, 2017

Class B Shares

Contractual

1.00%

May 1, 2012

April 30, 2017

Class C Shares

Contractual

1.00%

May 1, 2012

April 30, 2017

Class R Shares

Contractual

0.50%

May 1, 2012

April 30, 2017

Class R5 Shares

Contractual

0.00%

May 1, 2012

April 30, 2017

Class Y Shares

Contractual

0.00%

May 1, 2012

April 30, 2017

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

1.36% less net AFFE*

October 14, 2014

April 30, 2017

Class C Shares

Contractual

2.11% less net AFFE*

October 14, 2014

April 30, 2017

Class R Shares

Contractual

1.61% less net AFFE*

October 14, 2014

April 30, 2017

Class R5 Shares

Contractual

1.11% less net AFFE*

October 14, 2014

April 30, 2017

Class R6 Shares

Contractual

1.11% less net AFFE*

October 14, 2014

April 30, 2017

Class Y Shares

Contractual

1.11% less net AFFE*

October 14, 2014

April 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, 0000

Xxxxxxx X.X. Mortgage 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

See page 17 for footnotes to Exhibit A.

8

AIM International Mutual Funds (Invesco International Mutual Funds)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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

1.31%

October 1, 2015

February 28, 2017

Class B Shares

Contractual

2.06%

October 1, 2015

February 28, 2017

Class C Shares

Contractual

2.06%

October 1, 2015

February 28, 2017

Class R5 Shares

Contractual

1.06%

October 1, 2015

February 28, 2017

Class R6 Shares

Contractual

1.06%

October 1, 2015

February 28, 2017

Class Y Shares

Contractual

1.06%

October 1, 2015

February 28, 2017

Invesco Global Opportunities Fund

Class A Shares

Contractual

1.36%

August 1, 2012

February 28, 2017

Class C Shares

Contractual

2.11%

August 1, 2012

February 28, 2017

Class R Shares

Contractual

1.61%

August 1, 2012

February 28, 2017

Class R5 Shares

Contractual

1.11%

August 1, 2012

February 28, 2017

Class R6 Shares

Contractual

1.11%

September 24, 2012

February 28, 2017

Class Y Shares

Contractual

1.11%

August 1, 2012

February 28, 2017

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 Sustainable Equity Fund

Class A Shares

Contractual

0.85%

June 30, 2016

May 31, 2017

Class C Shares

Contractual

1.60%

June 30, 2016

May 31, 2017

Class R Shares

Contractual

1.10%

June 30, 2016

May 31, 2017

Class R5 Shares

Contractual

0.60%

June 30, 2016

May 31, 2017

Class R6 Shares

Contractual

0.60%

June 30, 2016

May 31, 2017

Class Y Shares

Contractual

0.60%

June 30, 2016

May 31, 2017

Invesco International Companies Fund

Class A Shares

Contractual

1.33%

December 21, 2015

February 28, 2017

Class C Shares

Contractual

2.08%

December 21, 2015

February 28, 2017

Class R Shares

Contractual

1.58%

December 21, 2015

February 28, 2017

Class R5 Shares

Contractual

1.08%

December 21, 2015

February 28, 2017

Class R6 Shares

Contractual

1.08%

December 21, 2015

February 28, 2017

Class Y Shares

Contractual

1.08%

December 21, 2015

February 28, 2017

Invesco International Core Equity Fund

Class A Shares

Contractual

1.33%

April 1, 2016

March 31, 2017

Class B Shares

Contractual

2.08%

April 1, 2016

March 31, 2017

Class C Shares

Contractual

2.08%

April 1, 2016

March 31, 2017

Class R Shares

Contractual

1.58%

April 1, 2016

March 31, 2017

Class R5 Shares

Contractual

1.08%

April 1, 2016

March 31, 2017

Class R6 Shares

Contractual

1.08%

April 1, 2016

March 31, 2017

Class Y Shares

Contractual

1.08%

April 1, 2016

March 31, 2017

Investor Class Shares

Contractual

1.33%

April 1, 2016

March 31, 2017

See page 17 for footnotes to Exhibit A.

9

Fund		Contractual/ Voluntary				Expense Limitation		Effective Date of Current Limit		Expiration Date
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			1.51%		August 1, 2012		February 28, 2017
Class C Shares			Contractual			2.26%		August 1, 2012		February 28, 2017
Class R Shares			Contractual			1.76%		August 1, 2012		February 28, 2017
Class R5 Shares			Contractual			1.26%		August 1, 2012		February 28, 2017
Class R6 Shares			Contractual			1.26%		September 24, 2012		February 28, 2017
Class Y Shares			Contractual			1.26%		August 1, 2012		February 28, 2017

AIM Investment Funds (Invesco Investment Funds)

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration Date
Invesco All Cap Market Neutral Fund
Class A Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Class C Shares		Contractual		2.37%		December 17, 2013		February 28, 2017
Class R Shares		Contractual		1.87%		December 17, 2013		February 28, 2017
Class R5 Shares		Contractual		1.37%		December 17, 2013		February 28, 2017
Class R6 Shares		Contractual		1.37%		December 17, 2013		February 28, 2017
Class Y Shares		Contractual		1.37%		December 17, 2013		February 28, 2017
Invesco Balanced-Risk Allocation Fund3
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 Fund4
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
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

See page 17 for footnotes to Exhibit A.

10

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

Invesco Emerging Markets Equity Fund

Class A Shares

Contractual

1.54%

April 1, 2016

March 31, 2017

Class C Shares

Contractual

2.29%

April 1, 2016

March 31, 2017

Class R Shares

Contractual

1.79%

April 1, 2016

March 31, 2017

Class R5 Shares

Contractual

1.29%

April 1, 2016

March 31, 2017

Class R6 Shares

Contractual

1.29%

April 1, 2016

March 31, 2017

Class Y Shares

Contractual

1.29%

April 1, 2016

March 31, 2017

Invesco Emerging Market Local Currency Debt Fund

Class A Shares

Contractual

1.24%

June 14, 2010

February 28, 2017

Class B Shares

Contractual

1.99%

June 14, 2010

February 28, 2017

Class C Shares

Contractual

1.99%

June 14, 2010

February 28, 2017

Class R Shares

Contractual

1.49%

June 14, 2010

February 28, 2017

Class Y Shares

Contractual

0.99%

June 14, 2010

February 28, 2017

Class R5 Shares

Contractual

0.99%

June 14, 2010

February 28, 2017

Class R6 Shares

Contractual

0.99%

September 24, 2012

February 28, 2017

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

1.40%

May 2, 2014

February 28, 2017

Class C Shares

Contractual

2.15%

May 2, 2014

February 28, 2017

Class R Shares

Contractual

1.65%

May 2, 2014

February 28, 2017

Class Y Shares

Contractual

1.15%

May 2, 2014

February 28, 2017

Class R5 Shares

Contractual

1.15%

May 2, 2014

February 28, 2017

Class R6 Shares

Contractual

1.15%

May 2, 2014

February 28, 2017

Invesco Global Markets Strategy Fund5

Class A Shares

Contractual

1.65%

March 1, 2016

February 28, 2017

Class C Shares

Contractual

2.40%

March 1, 2016

February 28, 2017

Class R Shares

Contractual

1.90%

March 1, 2016

February 28, 2017

Class R5 Shares

Contractual

1.40%

March 1, 2016

February 28, 2017

Class R6 Shares

Contractual

1.40%

March 1, 2016

February 28, 2017

Class Y Shares

Contractual

1.40%

March 1, 2016

February 28, 2017

Invesco Global Market Neutral Fund

Class A Shares

Contractual

1.62%

December 17, 2013

February 28, 2017

Class C Shares

Contractual

2.37%

December 17, 2013

February 28, 2017

Class R Shares

Contractual

1.87%

December 17, 2013

February 28, 2017

Class R5 Shares

Contractual

1.37%

December 17, 2013

February 28, 2017

Class R6 Shares

Contractual

1.37%

December 17, 2013

February 28, 2017

Class Y Shares

Contractual

1.37%

December 17, 2013

February 28, 2017

See page 17 for footnotes to Exhibit A.

11

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration Date
Invesco Global Targeted Returns Fund6
Class A Shares		Contractual		1.65%		March 1, 2016		February 28, 2017
Class C Shares		Contractual		2.40%		March 1, 2016		February 28, 2017
Class R Shares		Contractual		1.90%		March 1, 2016		February 28, 2017
Class R5 Shares		Contractual		1.40%		March 1, 2016		February 28, 2017
Class R6 Shares		Contractual		1.40%		March 1, 2016		February 28, 2017
Class Y Shares		Contractual		1.40%		March 1, 2016		February 28, 2017
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 International Total Return Fund
Class A Shares		Contractual		1.10%		March 31, 2006		February 28, 2017
Class B Shares		Contractual		1.85%		March 31, 2006		February 28, 2017
Class C Shares		Contractual		1.85%		March 31, 2006		February 28, 2017
Class R5 Shares		Contractual		0.85%		October 3, 2008		February 28, 2017
Class R6 Shares		Contractual		0.85%		September 24, 2012		February 28, 2017
Class Y Shares		Contractual		0.85%		March 31, 2006		February 28, 2017
Invesco Long/Short Equity Fund
Class A Shares		Contractual		1.87%		December 17, 2013		February 28, 2017
Class C Shares		Contractual		2.62%		December 17, 2013		February 28, 2017
Class R Shares		Contractual		2.12%		December 17, 2013		February 28, 2017
Class R5 Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Class R6 Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Class Y Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Invesco Low Volatility Emerging Markets Fund
Class A Shares		Contractual		1.72%		December 17, 2013		February 28, 2017
Class C Shares		Contractual		2.47%		December 17, 2013		February 28, 2017
Class R Shares		Contractual		1.97%		December 17, 2013		February 28, 2017
Class R5 Shares		Contractual		1.47%		December 17, 2013		February 28, 2017
Class R6 Shares		Contractual		1.47%		December 17, 2013		February 28, 2017
Class Y Shares		Contractual		1.47%		December 17, 2013		February 28, 2017
Invesco MLP Fund
Class A Shares		Contractual		1.50%		August 29, 2014		February 28, 2017
Class C Shares		Contractual		2.25%		August 29, 2014		February 28, 2017
Class R Shares		Contractual		1.75%		August 29, 2014		February 28, 2017
Class R5 Shares		Contractual		1.25%		August 29, 2014		February 28, 2017
Class R6 Shares		Contractual		1.25%		August 29, 2014		February 28, 2017
Class Y Shares		Contractual		1.25%		August 29, 2014		February 28, 2017
Invesco Macro International Equity Fund
Class A Shares		Contractual		1.43%		December 17, 2013		February 28, 2017
Class C Shares		Contractual		2.18%		December 17, 2013		February 28, 2017
Class R Shares		Contractual		1.68%		December 17, 2013		February 28, 2017
Class R5 Shares		Contractual		1.18%		December 17, 2013		February 28, 2017
Class R6 Shares		Contractual		1.18%		December 17, 2013		February 28, 2017
Class Y Shares		Contractual		1.18%		December 17, 2013		February 28, 2017
Invesco Macro Long/Short Fund
Class A Shares		Contractual		1.87%		December 17, 2013		February 28, 2017
Class C Shares		Contractual		2.62%		December 17, 2013		February 28, 2017
Class R Shares		Contractual		2.12%		December 17, 2013		February 28, 2017
Class R5 Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Class R6 Shares		Contractual		1.62%		December 17, 2013		February 28, 2017
Class Y Shares		Contractual		1.62%		December 17, 2013		February 28, 2017

See page 17 for footnotes to Exhibit A.

12

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

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 Premium Income Fund

Class A Shares

Contractual

1.05%

March 1, 2015

February 28, 2017

Class C Shares

Contractual

1.80%

March 1, 2015

February 28, 2017

Class R Shares

Contractual

1.30%

March 1, 2015

February 28, 2017

Class R5 Shares

Contractual

0.80%

March 1, 2015

February 28, 2017

Class R6 Shares

Contractual

0.80%

March 1, 2015

February 28, 2017

Class Y Shares

Contractual

0.80%

March 1, 2015

February 28, 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 Strategic Income Fund

Class A Shares

Contractual

0.85% less net AFFE*

May 2, 2014

February 28, 2017

Class C Shares

Contractual

1.60% less net AFFE*

May 2, 2014

February 28, 2017

Class R Shares

Contractual

1.10% less net AFFE*

May 2, 2014

February 28, 2017

Class Y Shares

Contractual

0.60% less net AFFE*

May 2, 2014

February 28, 2017

Class R5 Shares

Contractual

0.60% less net AFFE*

May 2, 2014

February 28, 2017

Class R6 Shares

Contractual

0.60% less net AFFE*

May 2, 2014

February 28, 2017

Invesco Unconstrained Bond Fund

Class A Shares

Contractual

1.04% less net AFFE*

October 14, 2014

February 28, 2017

Class C Shares

Contractual

1.79% less net AFFE*

October 14, 2014

February 28, 2017

Class R Shares

Contractual

1.29% less net AFFE*

October 14, 2014

February 28, 2017

Class Y Shares

Contractual

0.79% less net AFFE*

October 14, 2014

February 28, 2017

Class R5 Shares

Contractual

0.79% less net AFFE*

October 14, 2014

February 28, 2017

Class R6 Shares

Contractual

0.79% less net AFFE*

October 14, 2014

February 28, 2017

AIM Investment Securities Funds (Invesco Investment Securities Funds)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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%2

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, 0000

Xxxxxxx X.X. 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)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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

Invesco Xxxxxxxx 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

See page 17 for footnotes to Exhibit A.

14

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

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

1.14%

September 1, 2014

August 31, 2016

Class B Shares

Contractual

1.89%

September 1, 2014

August 31, 2016

Class C Shares

Contractual

1.89%

September 1, 2014

August 31, 2016

Class R5 Shares

Contractual

0.89%

September 1, 2014

August 31, 2016

Class R6 Shares

Contractual

0.89%

September 1, 2014

August 31, 2016

Class Y Shares

Contractual

0.89%

September 1, 2014

August 31, 2016

Investor Class Shares

Contractual

1.14%

September 1, 2014

August 31, 2016

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 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

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration 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)
Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration 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
Invesco Management Trust
Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Expiration Date
Invesco Conservative Income Fund
Institutional Class		Contractual		0.28%		July 1, 2014		December 31, 2016

See page 17 for footnotes to Exhibit A.

16

Invesco Securities Trust

Fund		Contractual/ Voluntary		Expense         Limitation		Effective Date of Current Limit		Expiration Date
Invesco Balanced-Risk Aggressive Allocation Fund		Contractual		1.15%		January 16, 2013		February 28, 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.

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  The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc.

³  Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund I, Ltd.

⁴  Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund III, Ltd.

⁵  Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund V, Ltd.

⁶  Includes waived fees or reimbursed expenses that Invesco receives from Invesco Cayman Commodity Fund VII, Ltd.

17

EXHIBIT “B” – INSTITUTIONAL MONEY MARKET FUNDS^1,2

Short-Term Investments Trust

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration Date

Government & Agency Portfolio

Cash Management Class

Contractual

0.26%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.21%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.18%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.73%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.48%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.05%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.34%

June 1, 2016

December 31, 2016

Government TaxAdvantage Portfolio

Cash Management Class

Contractual

0.26%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.21%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.18%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.73%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.43%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.05%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.34%

June 1, 2016

December 31, 2016

Liquid Assets Portfolio

Cash Management Class

Contractual

0.26%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.21%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.18%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.73%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.48%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.05%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.38%

June 1, 2016

December 31, 2016

STIC Prime Portfolio

Cash Management Class

Contractual

0.26%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.21%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.18%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.73%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.48%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.05%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.34%

June 1, 2016

December 31, 2016

Tax-Free Cash Reserve Portfolio2

Cash Management Class

Contractual

0.28%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.23%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.20%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.75%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.45%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.07%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.36%

June 1, 2016

December 31, 2016

Treasury Portfolio

Cash Management Class

Contractual

0.26%

June 1, 2016

December 31, 2016

Corporate Class

Contractual

0.21%

June 1, 2016

December 31, 2016

Institutional Class

Contractual

0.18%

June 1, 2016

December 31, 2016

Personal Investment Class

Contractual

0.73%

June 1, 2016

December 31, 2016

Private Investment Class

Contractual

0.48%

June 1, 2016

December 31, 2016

Reserve Class

Contractual

1.05%

June 1, 2016

December 31, 2016

Resource Class

Contractual

0.34%

June 1, 2016

December 31, 2016

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)

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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 Fund1

Series I Shares

Contractual

0.80% less net AFFE*

May 1, 2014

April 30, 2017

Series II Shares

Contractual

1.05% less net AFFE*

May 1, 2014

April 30, 2017

Invesco V.I. Xxxxxxxx Fund

Series I Shares

Contractual

0.78%

May 1, 2013

April 30, 2017

Series II Shares

Contractual

1.03%

May 1, 2013

April 30, 2017

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, 2017

Series II Shares

Contractual

0.86%

April 30, 2015

April 30, 2017

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

Fund

Contractual/ Voluntary

Expense Limitation

Effective Date of Current Limit

Expiration 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, 2017

Series II Shares

Contractual

1.03%

May 1, 2013

April 30, 2017

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.

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EXHIBIT “D” – CLOSED-END FUNDS

Invesco California Value Municipal Income Trust

Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Commitment End Date
Invesco California Value Municipal Income Trust		Voluntary		0.83%		July 1, 2016		N/A
Invesco Quality Municipal Income Trust
Fund		Contractual/ Voluntary		Expense Limitation		Effective Date of Current Limit		Commitment End Date
Invesco Quality Municipal Income Trust		Voluntary		0.71%		July 1, 2016		N/A

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