AMENDMENT NO. 27 TO SECOND AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

AMENDMENT NO. 27

SECOND AMENDED AND RESTATED

MASTER ADMINISTRATIVE SERVICES AGREEMENT

This Amendment dated as of January 1, 2019, 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 change to the fee structure under the Agreement;

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 Select Equity Fund		May 31, 2011
Invesco Endeavor Fund		July 1, 2006
Invesco 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, 0000
Xxxxxxx X.X. Managed Volatility Fund		December 18, 2017
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:


Rate*		Invesco Fund Complex Net Assets**
0.0175%		First $100 billion
0.0150%		Next $100 billion
0.0135%		Next $100 billion
0.0125%		Next $100 billion
0.010%		Over $400 billion

*	The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month not to exceed 0.0140% through June 30, 2019.

**	Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board.”

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

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


		INVESCO ADVISERS, INC.

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

(SEAL)

		AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

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

(SEAL)

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