MEMORANDUM OF AGREEMENT (Expense Limitations)
MEMORANDUM OF AGREEMENT
(Expense Limitations)
(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 Municipal Income
Opportunities Trust, Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco
Value Municipal Income 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. With regard to the Contractual Limits, the Board of Trustees of the Trust 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.
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 the Trusts and Invesco have 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 after consultation with the Funds’ Boards of
Trustees. 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 MUNICIPAL INCOME OPPORTUNITIES TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO SECURITIES TRUST INVESCO VALUE MUNICIPAL INCOME 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
as of August 28, 2013
EXHIBIT “A” — RETAIL FUNDS1
AIM Counselor Series Trust (Invesco Counselor Series Trust)
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco American Franchise Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
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, 2014 | |||||
Class B Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Core Plus Bond Fund |
||||||||||
Class A Shares |
Contractual | 0.75 | % | June 6, 2011 | December 31, 2013 | |||||
Class B Shares |
Contractual | 1.50 | % | June 6, 2011 | December 31, 2013 | |||||
Class C Shares |
Contractual | 1.50 | % | June 6, 2011 | December 31, 2013 | |||||
Class R Shares |
Contractual | 1.00 | % | June 6, 2011 | December 31, 2013 | |||||
Class R5 Shares |
Contractual | 0.50 | % | June 6, 2011 | December 31, 2013 | |||||
Class R6 Shares |
Contractual | 0.50 | % | September 24, 2012 | December 31, 2013 | |||||
Class Y Shares |
Contractual | 0.50 | % | June 6, 2011 | December 31, 2013 | |||||
Invesco
Equally-Weighted S&P 500 Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Equity and Income Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Floating Rate Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | April 14, 2006 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.00 | % | April 14, 2006 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | April 14, 2006 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | April 14, 2006 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | October 3, 2008 | June 30, 2014 | |||||
Invesco Global Real Estate Income Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
3
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Growth and Income Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 0000 | |||||
Xxxxxxx Xxxxxxxxxxxx Tax Free Income Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco
S&P 500 Index Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Small Cap Discovery Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 0000 | |||||
Xxxxxxx X.X. Quantitative Core Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
AIM Equity Funds (Invesco Equity Funds)
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Charter Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class S Shares |
Contractual | 1.90 | % | September 25, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Constellation Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
4
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Disciplined Equity Fund |
||||||||||
Class Y Shares |
Contractual | 1.75 | % | July 14, 2009 | June 30, 2014 | |||||
Invesco Diversified Dividend Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
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, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class P Shares |
Contractual | 1.85 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class S Shares |
Contractual | 1.90 | % | September 25, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
| AIM Funds Group (Invesco Funds Group) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco European Small Company Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Global Core Equity Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Invesco International Small Company Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Small Cap Equity Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
5
as of August 28, 2013
AIM Growth Series (Invesco Growth Series)
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Balanced-Risk
Retirement 2020 Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | November 4, 2009 | April 30, 2014 | |||||
Class AX Shares |
Contractual | 0.25 | % | February 12, 2010 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class CX Shares |
Contractual | 1.00 | % | February 12, 2010 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | November 4, 2009 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.00 | % | September 24, 2012 | April 30, 2014 | |||||
Class RX Shares |
Contractual | 0.50 | % | February 12, 2010 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Invesco Balanced-Risk
Retirement 2030 Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | November 4, 2009 | April 30, 2014 | |||||
Class AX Shares |
Contractual | 0.25 | % | February 12, 2010 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class CX Shares |
Contractual | 1.00 | % | February 12, 2010 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | November 4, 2009 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.00 | % | September 24, 2012 | April 30, 2014 | |||||
Class RX Shares |
Contractual | 0.50 | % | February 12, 2010 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Invesco Balanced-Risk
Retirement 2040 Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | November 4, 2009 | April 30, 2014 | |||||
Class AX Shares |
Contractual | 0.25 | % | February 12, 2010 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class CX Shares |
Contractual | 1.00 | % | February 12, 2010 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | November 4, 2009 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.00 | % | September 24, 2012 | April 30, 2014 | |||||
Class RX Shares |
Contractual | 0.50 | % | February 12, 2010 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Invesco Balanced-Risk
Retirement 2050 Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | November 4, 2009 | April 30, 2014 | |||||
Class AX Shares |
Contractual | 0.25 | % | February 12, 2010 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class CX Shares |
Contractual | 1.00 | % | February 12, 2010 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | November 4, 2009 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.00 | % | September 24, 2012 | April 30, 2014 | |||||
Class RX Shares |
Contractual | 0.50 | % | February 12, 2010 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Invesco Balanced-Risk
Retirement Now
Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | November 4, 2009 | April 30, 2014 | |||||
Class AX Shares |
Contractual | 0.25 | % | February 12, 2010 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class CX Shares |
Contractual | 1.00 | % | February 12, 2010 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | November 4, 2009 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.00 | % | September 24, 2012 | April 30, 2014 | |||||
Class RX Shares |
Contractual | 0.50 | % | February 12, 2010 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | November 4, 2009 | April 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
6
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Conservative Allocation Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class S Shares |
Contractual | 1.40 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Convertible Securities Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Global Quantitative Core Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Growth Allocation Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class S Shares |
Contractual | 1.90 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Income Allocation Fund |
||||||||||
Class A Shares |
Contractual | 0.25 | % | May 1, 2012 | April 30, 2014 | |||||
Class B Shares |
Contractual | 1.00 | % | May 1, 2012 | April 30, 2014 | |||||
Class C Shares |
Contractual | 1.00 | % | May 1, 2012 | April 30, 2014 | |||||
Class R Shares |
Contractual | 0.50 | % | May 1, 2012 | April 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.00 | % | May 1, 2012 | April 30, 2014 | |||||
Class Y Shares |
Contractual | 0.00 | % | May 1, 2012 | April 30, 2014 | |||||
Invesco International Allocation Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | May 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | May 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | May 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | May 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | May 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | May 1, 2012 | June 30, 2014 | |||||
Invesco Leaders Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Mid Cap Core Equity Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
7
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Moderate Allocation Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class S Shares |
Contractual | 1.40 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Small Cap Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
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, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
| AIM International Mutual Funds (Invesco International Mutual Funds) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Asia Pacific Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco European Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30. 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Global Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | January 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | January 1, 2013 | June 30. 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | January 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | January 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | January 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | January 1, 2013 | June 30, 2014 | |||||
Invesco Global Opportunities Fund |
||||||||||
Class A Shares |
Contractual | 1.36 | % | August 1, 2012 | February 28, 2014 | |||||
Class C Shares |
Contractual | 2.11 | % | August 1, 2012 | February 28, 2014 | |||||
Class R Shares |
Contractual | 1.61 | % | August 1, 2012 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 1.11 | % | August 1, 2012 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 1.11 | % | September 24, 2012 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 1.11 | % | August 1, 2012 | February 28, 2014 | |||||
See page 15 for footnotes to Exhibit A.
8
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Select Opportunities Fund |
||||||||||
Class A Shares |
Contractual | 1.51 | % | August 1, 2012 | February 28, 2014 | |||||
Class C Shares |
Contractual | 2.26 | % | August 1, 2012 | February 28, 2014 | |||||
Class R Shares |
Contractual | 1.76 | % | August 1, 2012 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 1.26 | % | August 1, 2012 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 1.26 | % | September 24, 2012 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 1.26 | % | August 1, 2012 | February 28, 2014 | |||||
Invesco Global Small & Mid Cap Growth
Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30. 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco International Core Equity Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30. 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco International Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
| AIM Investment Funds (Invesco Investment Funds) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Balanced-Risk Allocation
Fund3 |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30. 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Balanced-Risk Commodity
Strategy Fund4 |
||||||||||
Class A Shares |
Contractual | 1.22 | % | November 29, 2010 | June 30. 2014 | |||||
Class B Shares |
Contractual | 1.97 | % | November 29, 2010 | June 30, 2014 | |||||
Class C Shares |
Contractual | 1.97 | % | November 29, 2010 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.47 | % | November 29, 2010 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 0.97 | % | November 29, 2010 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 0.97 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 0.97 | % | November 29, 2010 | June 30, 2014 | |||||
Invesco China Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
9
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Developing Markets Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30. 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 20143 | |||||
Invesco Emerging Market Local
Currency Debt Fund |
||||||||||
Class A Shares |
Contractual | 1.24 | % | June 14, 2010 | February 28, 2014 | |||||
Class B Shares |
Contractual | 1.99 | % | June 14, 2010 | February 28, 2014 | |||||
Class C Shares |
Contractual | 1.99 | % | June 14, 2010 | February 28, 2014 | |||||
Class R Shares |
Contractual | 1.49 | % | June 14, 2010 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 0.99 | % | June 14, 2010 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 0.99 | % | June 14, 2010 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 0.99 | % | September 24, 2012 | February 28, 2014 | |||||
Invesco Emerging Markets Equity
Fund |
||||||||||
Class A Shares |
Contractual | 1.85 | % | May 11, 2011 | February 28, 2014 | |||||
Class C Shares |
Contractual | 2.60 | % | May 11, 2011 | February 28, 2014 | |||||
Class R Shares |
Contractual | 2.10 | % | May 11, 2011 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 1.60 | % | May 11, 2011 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 1.60 | % | September 24, 2012 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 1.60 | % | May 11, 2011 | February 28, 2014 | |||||
Invesco Endeavor Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30. 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Global Health Care Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30. 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Global Markets Strategy
Fund5 |
||||||||||
Class A Shares |
Contractual | 2.25 | % | August 28, 2013 | February 28, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | August 28, 2013 | February 28, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | August 28, 2013 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | August 28, 2013 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 2.00 | % | August 28, 2013 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | August 28, 2013 | February 28, 2014 | |||||
Invesco International Total
Return Fund |
||||||||||
Class A Shares |
Contractual | 1.10 | % | March 31, 2006 | February 28, 2014 | |||||
Class B Shares |
Contractual | 1.85 | % | March 31, 2006 | February 28, 2014 | |||||
Class C Shares |
Contractual | 1.85 | % | March 31, 2006 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 0.85 | % | October 3, 2008 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 0.85 | % | September 24, 2012 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 0.85 | % | March 31, 2006 | February 28, 2014 | |||||
See page 15 for footnotes to Exhibit A.
10
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Pacific Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30. 2014 | |||||
Class B Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 3.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Premium Income Fund |
||||||||||
Class A Shares |
Contractual | 0.89 | % | December 13, 2011 | February 28, 2014 | |||||
Class C Shares |
Contractual | 1.64 | % | December 13, 2011 | February 28, 2014 | |||||
Class R Shares |
Contractual | 1.14 | % | December 13, 2011 | February 28, 2014 | |||||
Class R5 Shares |
Contractual | 0.64 | % | December 13, 2011 | February 28, 2014 | |||||
Class R6 Shares |
Contractual | 0.64 | % | September 24, 2012 | February 28, 2014 | |||||
Class Y Shares |
Contractual | 0.64 | % | December 13, 2011 | February 28, 2014 | |||||
Invesco Select Companies Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30. 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
| AIM Investment Securities Funds (Invesco Investment Securities Funds) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Corporate Bond Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Dynamics Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30. 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30. 2014 | |||||
Invesco Global Real Estate Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco High Yield Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 1.50 | % | July 1, 2013 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
11
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco High Yield Securities Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.10 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Limited Maturity
Treasury Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class A2 Shares |
Contractual | 1.40 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Municipal Bond Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Real Estate Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Short Term Bond Fund |
||||||||||
Class A Shares |
Contractual | 1.40 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 1.75 | %2 | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
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, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
| AIM Sector Funds (Invesco Sector Funds) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco American Value Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2013 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
12
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Xxxxxxxx Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R6 Shares |
Contractual | 1.75 | % | September 24, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Energy Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Dividend Income Fund |
||||||||||
Class A Shares |
Contractual | 1.10 | % | February 6, 2013 | August 31, 2014 | |||||
Class B Shares |
Contractual | 1.85 | % | February 6, 2013 | August 31, 2014 | |||||
Class C Shares |
Contractual | 1.85 | % | February 6, 2013 | August 31, 2014 | |||||
Class R5 Shares |
Contractual | 0.85 | % | February 6, 2013 | August 31, 2014 | |||||
Class R6 Shares |
Contractual | 0.85 | % | February 6, 2013 | August 31, 2014 | |||||
Class Y Shares |
Contractual | 0.85 | % | February 6, 2013 | August 31, 2014 | |||||
Investor Class Shares |
Contractual | 1.10 | % | February 6, 2013 | August 31, 2014 | |||||
Invesco Gold & Precious Metals
Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Leisure Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2009 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2009 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2009 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2009 | June 30, 2014 | |||||
Invesco Mid Cap Growth Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2013 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2013 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2013 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2013 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2013 | |||||
Class R6 Shares |
Contractual | 1.75 | % | January 18, 2013 | June 30, 2013 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2013 | |||||
Invesco Mid Cap Growth Fund |
||||||||||
Class A Shares |
Contractual | 1.15 | % | July 15, 2013 | July 31, 2015 | |||||
Class B Shares |
Contractual | 1.90 | % | July 15, 2013 | July 31, 2015 | |||||
Class C Shares |
Contractual | 1.90 | % | July 15, 2013 | July 31, 2015 | |||||
Class R Shares |
Contractual | 1.40 | % | July 15, 2013 | July 31, 2015 | |||||
Class R5 Shares |
Contractual | 0.90 | % | July 15, 2013 | July 31, 2015 | |||||
Class R6 Shares |
Contractual | 0.90 | % | July 15, 2013 | July 31, 2015 | |||||
Class Y Shares |
Contractual | 0.90 | % | July 15, 2013 | July 31, 2015 | |||||
See page 15 for footnotes to Exhibit A.
13
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Small Cap Value Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Technology Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Investor Class Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Technology Sector Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | February 12, 2010 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | February 12, 2010 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | February 12, 2010 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | February 12, 2010 | June 30, 2014 | |||||
Invesco Value Opportunities Fund |
||||||||||
Class A Shares |
Contractual | 2.00 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class R Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.75 | % | July 1, 2012 | June 30, 2014 | |||||
| AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds) | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco High Yield Municipal Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Invesco Intermediate Term
Municipal Income Fund |
||||||||||
Class A Shares |
Contractual | 0.80 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 1.55 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 1.55 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 0.55 | % | July 1, 2013 | June 30, 2014 | |||||
Invesco Municipal Income Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2013 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2013 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2013 | June 30, 2014 | |||||
Investor Class |
Contractual | 1.50 | % | July 15, 2013 | June 30, 2014 | |||||
Invesco New York Tax Free Income
Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class B Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
See page 15 for footnotes to Exhibit A.
14
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco Tax-Free Intermediate Fund |
||||||||||
Class A Shares |
Contractual | 1.50 | % | July 1, 2012 | June 30, 2014 | |||||
Class A2 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class C Shares |
Contractual | 2.25 | % | June 30, 2013 | June 30, 2014 | |||||
Class R5 Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
Class Y Shares |
Contractual | 1.25 | % | July 1, 2012 | June 30, 2014 | |||||
| Invesco Securities Trust | ||||||||||
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Invesco
Balanced-Risk
Aggressive
Allocation Fund |
Contractual | 1.15 | % | January 16, 2013 | February 28, 2014 | |||||
| 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. |
15
as of August 28, 2013
EXHIBIT “B” — INSTITUTIONAL MONEY MARKET FUNDS1,2
Short-Term Investments Trust
| Contractual/ | Expense | Effective Date of | Expiration | |||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||
Government & Agency Portfolio |
||||||||||
Cash Management Class |
Contractual | 0.22 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.17 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.14 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.69 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.44 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.01 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.30 | %2 | July 1, 2009 | December 31, 2013 | |||||
Government TaxAdvantage Portfolio |
||||||||||
Cash Management Class |
Contractual | 0.22 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.17 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.14 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.69 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.39 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.01 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.30 | %2 | July 1, 2009 | December 31, 2013 | |||||
Liquid Assets Portfolio |
||||||||||
Cash Management Class |
Contractual | 0.22 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.17 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.14 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.69 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.44 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.01 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.34 | % | July 1, 2009 | December 31, 2013 | |||||
STIC Prime Portfolio |
||||||||||
Cash Management Class |
Contractual | 0.22 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.17 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.14 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.69 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.44 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.01 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.30 | %2 | July 1, 2009 | December 31, 2013 | |||||
Tax-Free Cash Reserve Portfolio3 |
||||||||||
Cash Management Class |
Contractual | 0.33 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.28 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.25 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.80 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.50 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.12 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.41 | %2 | July 1, 2009 | December 31, 2013 | |||||
Treasury Portfolio |
||||||||||
Cash Management Class |
Contractual | 0.22 | %2 | July 1, 2009 | December 31, 2013 | |||||
Corporate Class |
Contractual | 0.17 | % | July 1, 2009 | December 31, 2013 | |||||
Institutional Class |
Contractual | 0.14 | % | July 1, 2009 | December 31, 2013 | |||||
Personal Investment Class |
Contractual | 0.69 | %2 | July 1, 2009 | December 31, 2013 | |||||
Private Investment Class |
Contractual | 0.44 | %2 | July 1, 2009 | December 31, 2013 | |||||
Reserve Class |
Contractual | 1.01 | %2 | July 1, 2009 | December 31, 2013 | |||||
Resource Class |
Contractual | 0.30 | %2 | July 1, 2009 | December 31, 2013 | |||||
| 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 limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Distributors, Inc. | |
| 3 | The expense limitation also excludes Trustees’ fees and federal registration expenses. |
16
as of August 28, 2013
EXHIBIT “C” — VARIABLE INSURANCE FUNDS
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||
Invesco V.I. American Franchise
Fund |
||||||||||||
Series I Shares |
Contractual | 0.90% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.15% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. American Value
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Balanced-Risk
Allocation Fund1 |
||||||||||||
Series I Shares |
Contractual | 0.78% | July 1, 2013 | April 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.03% | July 1, 2013 | April 30, 2014 | ||||||||
Invesco V.I. Xxxxxxxx Fund |
||||||||||||
Series I Shares |
Contractual | 0.78% | May 1. 2013 | April 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.03% | May 1, 2013 | April 30, 2014 | ||||||||
Invesco V.I. Core Equity Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1, 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Diversified
Dividend
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1, 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Diversified Income
Fund |
||||||||||||
Series I Shares |
Contractual | 0.75% | July 1, 2005 | April 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.00% | July 1, 2005 | April 30, 2014 | ||||||||
Invesco V.I. Equally-Weighted
S&P
500 Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Equity and Income
Fund |
||||||||||||
Series I Shares |
Contractual | 1.50% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.75% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Global Core Equity
Fund |
||||||||||||
Series I Shares |
Contractual | 2.25% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.50% | July 1, 2012 | June 30, 2014 | ||||||||
17
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||
Invesco V.I. Global Health Care
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Global Real Estate
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Government
Securities
Fund |
||||||||||||
Series I Shares |
Contractual | 1.50% | May 1, 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.75% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Growth and Income
Fund |
||||||||||||
Series I Shares |
Contractual | 0.78% | May 1. 2013 | April 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.03% | May 1, 2013 | April 30, 2014 | ||||||||
Invesco V.I. High Yield Fund |
||||||||||||
Series I Shares |
Contractual | 0.80% | May 2, 2011 | April 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.05% | May 2, 2011 | April 30, 2014 | ||||||||
Invesco V.I. International
Growth
Fund |
||||||||||||
Series I Shares |
Contractual | 2.25% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.50% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Mid Cap Core
Equity
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Mid Cap Growth
Fund |
||||||||||||
Series I Shares |
Contractual | 1.09% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.34% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Money Market Fund |
||||||||||||
Series I Shares |
Contractual | 1.50% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 1.75% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I.
S&P 500 Index Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | July 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | July 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Small Cap Equity
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
18
as of August 28, 2013
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||
Invesco V.I. Technology Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
Invesco V.I. Utilities Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1, 2012 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2012 | June 30, 2014 | ||||||||
Invesco V.I. Value Opportunities
Fund |
||||||||||||
Series I Shares |
Contractual | 2.00% | May 1. 2013 | June 30, 2014 | ||||||||
Series II Shares |
Contractual | 2.25% | May 1, 2013 | June 30, 2014 | ||||||||
19
as of August 28, 2013
EXHIBIT
“D” — CLOSED-END FUNDS
Invesco Municipal Income Opportunities Trust
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||||||
Invesco Municipal Income
Opportunities Trust |
Contractual | 0.67 | % | August 27, 2012 | August 31, 2014 | |||||||||||
Invesco Quality Municipal Income Trust
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||||||
Invesco Quality Municipal
Income
Trust |
Contractual | 0.50 | % | October 15, 2012 | October 31, 2014 | |||||||||||
Invesco Value Municipal Income Trust
| Contractual/ | Expense | Effective Date of | Expiration | |||||||||||||
| Fund | Voluntary | Limitation | Current Limit | Date | ||||||||||||
Invesco Value Municipal Income
Trust |
Contractual | 0.46 | % | October 15, 2012 | October 31, 2014 | |||||||||||
20
