SUB-ITEM 77M
MERGERS
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
XXXXXX XXXXXXX SMALL-MID SPECIAL VALUE FUND TO INVESCO SMALL-MID SPECIAL VALUE
FUND
On December 1, 2009, the Board of Trustees of AIM Sector Funds (Invesco
Sector Funds) (formerly known as AIM Sector Funds) ("ASEF") approved an
Agreement and Plan of Reorganization (the "Agreement"). On May 11, 2010, at a
Special Meeting for shareholders of Xxxxxx Xxxxxxx Small-Mid Special Value Fund
(the "Fund"), shareholders approved the Agreement that provided for the
combination of the Fund with Invesco Small-Mid Special Value Fund, (the
"Acquiring Fund"), an investment portfolio of ASEF (the "Reorganization").
Pursuant to the Agreement, on June 1, 2010, all of the assets of the Fund were
transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Fund, and ASEF issued Class A shares of the Acquiring Fund to
the Fund's Class A shareholders, Class B shares of the Acquiring Fund to the
Fund's Class B shareholders, Class C shares of Acquiring Fund to the Fund's
Class C shareholders and Class Y shares of the Acquiring Fund to the Fund's
Class I shareholders. The value of each Fund's shareholder account with the
Acquiring Fund immediately after the Reorganization was the same as the value of
such shareholder's account with the Fund immediately prior to the
Reorganization. The Reorganization was structured as a tax-free transaction. No
initial sales charge was imposed in connection with the Reorganization.
FOR A MORE DETAILED DISCUSSION ON THE REORGANIZATION, PLEASE SEE THE AGREEMENT
AND PLAN OF REORGANIZATION FILED HEREIN UNDER ITEM 77Q1(g).
