SUB-ITEM 77M
MERGERS
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
XXXXXX XXXXXXX SPECIAL VALUE FUND TO INVESCO 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 Special Value Fund (the
"Fund"), shareholders approved the Agreement that provided for the combination
of the Fund with Invesco 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 and Class W
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).
