AMENDMENT NO. 21 TO SUB-ADVISORY CONTRACT
AMENDMENT NO. 21
TO
SUB-ADVISORY CONTRACT
This Amendment dated as of August 15, 2019, amends the Sub-Advisory Contract (the “Contract”) between Invesco Advisers, Inc. (the “Advisor”) and Invesco Capital Management LLC (the “Sub-Advisor”).
WHEREAS, the parties agree to amend the Contract to remove Invesco Oppenheimer Institutional Government Money Market Fund, a series portfolio of Short-Term Investments Trust, due to liquidation, effective August 15, 2019;
NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows:
| 1. | The Contract is hereby amended to include the Funds listed on Exhibit A to the Contract as a recipient of the sub-advisory services by revising recital A) at the beginning of the Agreement to read as follows: |
The Advisor has entered into an investment advisory agreement with AIM Counselor Series Trust (Invesco Counselor Series Trust) (“ACST”), AIM Equity Funds (Invesco Equity Funds) (“AEF”), AIM Funds Group (Invesco Funds Group) (“AFG”), AIM Growth Series (Invesco Growth Series) (“AGS”), AIM International Mutual Funds (Invesco International Mutual Funds) (“AIMF”), AIM Investment Funds (Invesco Investment Funds) (“AIF”), AIM Investment Securities Funds (Invesco Investment Securities Funds) (“AIS”), AIM Sector Funds (Invesco Sector Funds) (“ASEF”), AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds) (“XXXX”), AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust) (“ATST”), AIM Variable Insurance Funds (Invesco Variable Insurance Funds) (“AVIF”), Invesco Exchange Fund, Invesco Management Trust (“IMT”), Invesco Securities Trust (“IST”) and Short-Term Investments Trust (“STIT”) (collectively, the “Trusts”), open-end management investment companies registered under the Investment Company Act of 1940, as amended (the “1940 Act”), with respect the funds set forth in Exhibit A attached hereto (each a “Fund” and collectively, the “Funds”); and
| 2. | All other terms and provisions of the Contract not amended shall remain in full force and effect. |
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IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
| INVESCO ADVISERS, INC. | ||
| Advisor | ||
| By: | /s/ Xxxxxxx X. Xxxxx | |
| Name: | Xxxxxxx X. Xxxxx | |
| Title: | Senior Vice President | |
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INVESCO CAPITAL MANAGEMENT LLC
Sub-Advisor
| By: | /s/ Xxxxxx X. Xxxxxx | |
| Name: | Xxxxxx X. Xxxxxx | |
| Title: | Managing Director – Invesco Global ETFs | |
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EXHIBIT A
AIM Counselor Series Trust (Invesco Counselor Series Trust)
Invesco Equally-Weighted S&P 500 Fund
Invesco Floating Rate Fund
Invesco Oppenheimer Capital Appreciation Fund
Invesco Oppenheimer Discovery Fund
Invesco Oppenheimer Equity Income Fund
Invesco Oppenheimer Master Loan Fund
Invesco Oppenheimer Real Estate Fund
Invesco Oppenheimer Senior Floating Rate Fund
Invesco Oppenheimer Senior Floating Rate Plus Fund
Invesco Oppenheimer Short Term Municipal Fund
Invesco Oppenheimer Rochester® Short Duration High Yield Municipal Fund
Invesco Pennsylvania Tax Free Income Fund
Invesco Short Duration High Yield Municipal Fund
Invesco Strategic Real Return Fund
AIM Equity Funds (Invesco Equity Funds)
Invesco Oppenheimer Dividend Opportunity Fund
Invesco Oppenheimer Main Street Fund®
Invesco Oppenheimer Main Street All Cap Fund®
Invesco Oppenheimer Rising Dividends Fund
AIM Funds Group (Invesco Funds Group)
Invesco European Small Company Fund
Invesco Small Cap Equity Fund
AIM Growth Series (Invesco Growth Series)
Invesco Alternative Strategies Fund
Invesco Balanced-Risk Retirement Now Fund
Invesco Convertible Securities Fund
Invesco Multi-Asset Inflation Fund
Invesco Xxxxxxxxxxx International Diversified Fund
Invesco Oppenheimer Main Street Mid Cap Fund®
Invesco Oppenheimer Main Street Small Cap Fund®
Invesco Oppenheimer Master Event-Linked Bond Fund
Invesco Oppenheimer Mid Cap Value Fund
Invesco Oppenheimer Portfolio Series: Active Allocation Fund
Invesco Oppenheimer Portfolio Series: Conservative Investor Fund
Invesco Oppenheimer Portfolio Series: Growth Investor Fund
Invesco Oppenheimer Portfolio Series: Moderate Investor Fund
Invesco Peak Retirement™ 2015 Fund
Invesco Peak Retirement™ 2020 Fund
Invesco Peak Retirement™ 2025 Fund
Invesco Peak Retirement™ 2030 Fund
Invesco Peak Retirement™ 2035 Fund
Invesco Peak Retirement™ 2040 Fund
Invesco Peak Retirement™ 2045 Fund
Invesco Peak Retirement™ 2050 Fund
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Invesco Peak Retirement™ 2055 Fund
Invesco Peak Retirement™ 2060 Fund
Invesco Peak Retirement™ 2065 Fund
Invesco Peak Retirement™ Now Fund
Invesco Quality Income Fund
Invesco Small Cap Growth Fund
AIM International Mutual Funds (Invesco International Mutual Funds)
Invesco European Growth Fund
Invesco Global Opportunities Fund
Invesco Global Responsibility Equity Fund
Invesco International Core Equity Fund
Invesco International Growth Fund
Invesco International Select Equity Fund
Invesco Oppenheimer Global Focus Fund
Invesco Oppenheimer Global Fund
Invesco Oppenheimer Global Opportunities Fund
Invesco Xxxxxxxxxxx International Equity Fund
Invesco Xxxxxxxxxxx International Growth Fund
Invesco Oppenheimer Global Multi-Asset Growth Fund
Invesco Xxxxxxxxxxx International Small-Mid Company Fund
Invesco Select Opportunities Fund
AIM Investment Funds (Invesco Investment Funds)
Invesco All Cap Market Neutral Fund
Invesco Balanced-Risk Allocation Fund
Invesco Balanced-Risk Commodity Strategy Fund
Invesco Developing Markets Fund
Invesco Emerging Markets Flexible Bond Fund
Invesco Emerging Markets Select Equity Fund
Invesco Endeavor Fund
Invesco Global Infrastructure Fund
Invesco Global Market Neutral Fund
Invesco Global Targeted Returns Fund
Invesco Long/Short Equity Fund
Invesco Low Volatility Emerging Markets Fund
Invesco Macro Allocation Strategy Fund
Invesco MLP Fund
Invesco Multi-Asset Income Fund
Invesco Oppenheimer Capital Income Fund
Invesco Oppenheimer Developing Markets Fund
Invesco Oppenheimer Discovery Mid Cap Growth Fund
Invesco Oppenheimer Emerging Markets Innovators Fund
Invesco Oppenheimer Emerging Markets Local Debt Fund
Invesco Oppenheimer Fundamental Alternatives Fund
Invesco Oppenheimer Global Allocation Fund
Invesco Oppenheimer Global Multi-Asset Income Fund
Invesco Oppenheimer Global Strategic Income Fund
Invesco Oppenheimer Global Unconstrained Bond Fund
Invesco Xxxxxxxxxxx International Bond Fund
Invesco Xxxxxxxxxxx Macquarie Global Infrastructure Fund
Invesco Xxxxxxxxxxx Preferred Securities and Income Fund
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Invesco Xxxxxxxxxxx SteelPath MLP Alpha Fund
Invesco Xxxxxxxxxxx SteelPath MLP Alpha Plus Fund
Invesco Xxxxxxxxxxx SteelPath MLP & Energy Infrastructure Fund
Invesco Xxxxxxxxxxx SteelPath MLP Income Fund
Invesco Xxxxxxxxxxx SteelPath MLP Select 40 Fund
Invesco Xxxxxxxxxxx SteelPath Panoramic Fund
Invesco Xxxxxxxxxxx Total Return Bond Fund
Invesco U.S. Managed Volatility Fund
AIM Investment Securities Funds (Invesco Investment Securities Fund)
Invesco Global Real Estate Fund
Invesco High Yield Fund
Invesco Oppenheimer Intermediate Income Fund
Invesco Oppenheimer Global High Yield Fund
Invesco Oppenheimer Government Cash Reserves Fund
Invesco Oppenheimer Government Money Market Fund
Invesco Oppenheimer Limited-Term Bond Fund
Invesco Oppenheimer Limited-Term Government Fund
Invesco Oppenheimer Master Inflation Protected Securities Fund
Invesco Oppenheimer Ultra-Short Duration Fund
AIM Sector Funds (Invesco Sector Funds)
Invesco OFI Pictet Global Environmental Solutions Fund
Invesco Oppenheimer Small Cap Value Fund
Invesco Oppenheimer Gold & Special Minerals Fund
Invesco Oppenheimer Value Fund
AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)
Invesco High Yield Municipal Fund
Invesco Intermediate Term Municipal Income Fund
Invesco Limited Term Municipal Income Fund
Invesco Municipal Income Fund
Invesco Oppenheimer Intermediate Term Municipal Fund
Invesco Oppenheimer Municipal Fund
Invesco Oppenheimer Rochester® AMT-Free Municipal Fund
Invesco Oppenheimer Rochester® AMT-Free New York Municipal Fund
Invesco Oppenheimer Rochester® California Municipal Fund
Invesco Oppenheimer Rochester® Municipals Fund
Invesco Oppenheimer Rochester® High Yield Municipal Fund
Invesco Oppenheimer Rochester® Limited Term California Municipal Fund
Invesco Oppenheimer Rochester® Limited Term New York Municipal Fund
Invesco Oppenheimer Rochester® New Jersey Municipal Fund
Invesco Oppenheimer Rochester® Pennsylvania Municipal Fund
Invesco Tax-Exempt Cash Fund
AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)
Invesco Premier Portfolio
Invesco Premier Tax-Exempt Portfolio
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AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco Oppenheimer V.I. Capital Appreciation Fund
Invesco Oppenheimer V.I. Conservative Balanced Fund
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund
Invesco Oppenheimer V.I. Global Fund
Invesco Oppenheimer V.I. Global Strategic Income Fund
Invesco Oppenheimer V.I. Government Money Fund
Invesco Oppenheimer V.I. International Growth Fund
Invesco Oppenheimer V.I. Main Street Fund®
Invesco Oppenheimer V.I. Main Street Small Cap Fund®
Invesco Oppenheimer V.I. Total Return Bond Fund
Invesco V.I. American Franchise Fund
Invesco V.I. American Value Fund
Invesco V.I. Balanced-Risk Allocation Fund
Invesco V.I. Xxxxxxxx Fund
Invesco V.I. Core Equity Fund
Invesco V.I. Core Plus Bond Fund
Invesco V.I. Diversified Dividend Fund
Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. Equity and Income Fund
Invesco V.I. Global Core Equity Fund
Invesco V.I. Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Government Money Market Fund
Invesco V.I. Government Securities Fund
Invesco V.I. Growth and Income Fund
Invesco V.I. High Yield Fund
Invesco V.I. International Growth Fund
Invesco V.I. Managed Volatility Fund
Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. Mid Cap Growth Fund
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Small Cap Equity Fund
Invesco V.I. Technology Fund
Invesco V.I. Value Opportunities Fund
Invesco Exchange Fund
Invesco Management Trust
Invesco Conservative Income Fund
Invesco Securities Trust
Invesco Balanced-Risk Aggressive Allocation Fund
Short-Term Investments Trust
Invesco Government & Agency Portfolio
Invesco Tax-Free Cash Reserve Portfolio
Invesco Treasury Obligations Portfolio
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