AMENDMENT NO. 23 TO SECOND AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

AMENDMENT NO. 23

SECOND AMENDED AND RESTATED

MASTER ADMINISTRATIVE SERVICES AGREEMENT

This Amendment dated as of February 27, 2017, amends the Second Amended and Restated Master Administrative Services Agreement (the “Agreement”), dated July 1, 2006, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Investment Funds (Invesco Investment Funds), a Delaware statutory trust, as follows:

W I T N E S S E T H:

WHEREAS, the parties desire to amend the Agreement to remove Invesco Macro International Equity Fund and Invesco Macro Long/Short Fund;

NOW, THEREFORE, the parties agree as follows;

Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:

“APPENDIX A

MASTER ADMINISTRATIVE SERVICES AGREEMENT


Portfolios	Effective Date of Agreement

Invesco All Cap Market Neutral Fund		December 16, 2013
Invesco Balanced-Risk Allocation Fund		May 29, 2009
Invesco Balanced-Risk Commodity Xxxxxxxx Xxxx		Xxxxxxxx 00, 0000
Xxxxxxx Xxxxxxx Xxxxx Fund		July 1, 2006
Invesco Developing Markets Fund		July 1, 2006
Invesco Emerging Markets Flexible Bond Fund		June 14, 2010
Invesco Emerging Markets Equity Fund		May 31, 2011
Invesco Endeavor Fund		July 1, 2006
Invesco Global Health Care Fund		July 1, 2006
Invesco Global Infrastructure Fund		April 22, 2014
Invesco Global Market Neutral Fund		December 16, 2013
Invesco Global Targeted Returns Fund		December 16, 2013
Invesco Long/Short Equity Fund		December 16, 2013
Invesco Low Volatility Emerging Markets Fund		December 16, 2013
Invesco Macro Allocation Strategy Fund		September 25, 2012
Invesco MLP Fund		April 22, 2014
Invesco Multi-Asset Income Fund		December 14, 2011
Invesco Pacific Growth Fund		February 12, 2010
Invesco Select Companies Fund		July 1, 2006
Invesco World Bond Fund		July 1, 2006

The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:

*	Annual minimum fee is $50,000. An additional $5,000 per class of shares is charged for each class other than the initial class. The $5,000 class fee is waived for any of the above Portfolios with insufficient assets to result in the payment of more than the minimum fee of $50,000.”

All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

(SEAL)


		AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

Attest:	/s/ Xxxxx X. Xxxxxxxx	By:	/s/ Xxxx X. Xxxx
	Assistant Secretary		Xxxx X. Xxxx
			Senior Vice President

(SEAL)

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