AMENDMENT NO. 34 TO THE FIRST RESTATED MASTER DISTRIBUTION AGREEMENT (ALL CLASSES OF SHARES EXCEPT CLASS B AND CLASS BX SHARES)

AMENDMENT NO. 34

TO THE

FIRST RESTATED
MASTER DISTRIBUTION AGREEMENT
(ALL CLASSES OF SHARES EXCEPT CLASS B AND CLASS BX SHARES)

This Amendment, dated as of September 25, 2012, amends the First Restated Master Distribution Agreement (all Classes of shares except Class B and Class B5 Shares) (the “Agreement”) made as of the 18th day of August, 2003, as subsequently amended, and as restated the 20th day of September, 2006, by and between each registered investment company set forth on Schedule A to the Agreement (each individually referred to as “Fund”, or collectively, “Funds”), severally, on behalf of each of its series of beneficial interest set forth on Schedule A to the Agreement, (each, a “Portfolio”), with respect to each class of shares except Class B and Class B5 Shares (the “Shares”) of each Portfolio, and Invesco Distributors, Inc., a Delaware corporation (the “Distributor”).

WHEREAS, the parties agree to amend the Agreement to add Invesco Global Markets Strategy Fund.

Schedule A of the Agreement is hereby deleted in its entirety and replaced with the following:

“SCHEDULE A
TO
FIRST RESTATED
MASTER DISTRIBUTION AGREEMENT
(All Classes of Shares Except Class B and Class B5 Shares)

AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)


		Invesco Core Plus Bond Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Floating Rate Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Global Real Estate Income Fund -		Class A
				Class C
				Class Y
				Class R5
				Class R6


		Invesco U.S. Quantitative Core Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class

		Invesco California Tax-Free Income Fund –		Class A
				Class C
				Class Y

		Invesco Equally-Weighted S&P 500 Fund –		Class A
				Class C
				Class R
				Class Y
				Class R6

		Invesco S&P 500 Index Fund –		Class A
				Class C
				Class Y

		Invesco American Franchise Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Equity and Income Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Growth and Income Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Pennsylvania Tax Free Income Fund –		Class A
				Class C
				Class Y

		Invesco Small Cap Discovery Fund –		Class A
				Class C
				Class Y
				Class R5
				Class R6

AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)


		Invesco Capital Development Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class

		Invesco Charter Fund –		Class A
				Class C
				Class R
				Class S
				Class Y
				Class R5
				Class R6

		Invesco Constellation Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5

		Invesco Disciplined Equity Fund –		Class Y

		Invesco Diversified Dividend Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class
				Class R6

		Invesco Summit Fund –		Class A
				Class C
				Class P
				Class S
				Class Y
				Class R5

AIM FUNDS GROUP (INVESCO FUNDS GROUP)


		Invesco European Small Company Fund –		Class A
				Class C
				Class Y


		Invesco Global Core Equity Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5

		Invesco International Small Company Fund –		Class A
				Class C
				Class Y
				Class R5
				Class R6

		Invesco Small Cap Equity Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

AIM GROWTH SERIES (INVESCO GROWTH SERIES)


		Invesco Balanced-Risk Retirement Now Fund–		Class A
				Class AX
				Class C
				Class CX
				Class R
				Class RX
				Class Y
				Class R5
				Class R6

		Invesco Balanced-Risk Retirement 2020 Fund–		Class A
				Class AX
				Class C
				Class CX
				Class R
				Class RX
				Class Y
				Class R5
				Class R6

		Invesco Balanced-Risk Retirement 2030 Fund–		Class A
				Class AX
				Class C
				Class CX
				Class R
				Class RX
				Class Y
				Class R5
				Class R6


		Invesco Balanced-Risk Retirement 2040 Fund–		Class A
				Class AX
				Class C
				Class CX
				Class R
				Class RX
				Class Y
				Class R5
				Class R6

		Invesco Balanced-Risk Retirement 2050 Fund–		Class A
				Class AX
				Class C
				Class CX
				Class R
				Class RX
				Class Y
				Class R5
				Class R6

		Invesco Convertible Securities Fund–		Class A
				Class C
				Class Y
				Class R5
				Class R6

		Invesco Global Quantitative Core Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5

		Invesco Growth Allocation Fund –		Class A
				Class C
				Class R
				Class S
				Class Y
				Class R5

		Invesco Income Allocation Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5

		Invesco International Allocation Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5


		Invesco Mid Cap Core Equity Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Moderate Allocation Fund –		Class A
				Class C
				Class R
				Class S
				Class Y
				Class R5

		Invesco Conservative Allocation Fund –		Class A
				Class C
				Class R
				Class S
				Class Y
				Class R5

		Invesco Small Cap Growth Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class
				Class R6

		Invesco Leaders Fund –		Class A
				Class C
				Class Y

		Invesco U.S. Mortgage Fund –		Class A
				Class C
				Class Y
				Class R5

AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)


		Invesco Asia Pacific Growth Fund –		Class A
				Class C
				Class Y

		Invesco European Growth Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5

		Invesco Global Growth Fund –		Class A
				Class C
				Class Y


		Class R5
		Class R6

	Invesco Global Opportunities Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

	Invesco Select Opportunities Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

	Invesco Global Small & Mid Cap Growth Fund –	Class A
		Class C
		Class Y
		Class R5

	Invesco International Core Equity Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Investor Class
		Class R6

	Invesco International Growth Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

	Invesco Balanced-Risk Allocation Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

	Invesco Balanced-Risk Commodity Strategy Fund –	Class A
		Class C


				Class R
				Class Y
				Class R5
				Class R6

		Invesco China Fund –		Class A
				Class C
				Class Y
				Class R5

		Invesco Developing Markets Fund –		Class A
				Class C
				Class Y
				Class R5
				Class R6

		Invesco Emerging Market Local Currency Debt Fund -		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Emerging Markets Equity Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco Global Health Care Fund –		Class A
				Class C
				Class Y
				Investor Class

		Invesco Global Markets Strategy Fund -		Class H1

		Invesco International Total Return Fund -		Class A
				Class C
				Class Y
				Class R5
				Class R6

		Invesco Endeavor Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6


	Invesco Select Companies Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5

	Invesco Commodities Strategy Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5

	Invesco Pacific Growth Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5

	Invesco Premium Income Fund -	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)

	Invesco Dynamics Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Investor Class
		Class R6

	Invesco Global Real Estate Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

	Invesco High Yield Fund –	Class A
		Class C
		Class Y
		Class R5
		Investor Class
		Class R6


		Invesco Limited Maturity Treasury Fund –		Class A
				Class A2
				Class Y
				Class R5

		Invesco Money Market Fund –		AIM Cash Reserve Shares
				Class AX
				Class C
				Class CX
				Class R
				Class Y
				Class R5
				Investor Class

		Invesco Municipal Bond Fund –		Class A
				Class C
				Class Y
				Investor Class

		Invesco Real Estate Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class
				Class R6

		Invesco Short Term Bond Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Class R6

		Invesco U.S. Government Fund –		Class A
				Class C
				Class R
				Class Y
				Class R5
				Investor Class

		Invesco High Yield Securities Fund –		Class A
				Class C
				Class Y

		Invesco Corporate Bond Fund –		Class A
				Class C
				Class R


		Class Y
		Class R5
		Class R6

AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)

	Invesco Energy Fund –	Class A
		Class C
		Class Y
		Class R5
		Investor Class

	Invesco Gold & Precious Metals Fund –	Class A
		Class C
		Class Y
		Investor Class

	Invesco Leisure Fund –	Class A
		Class C
		Class R
		Class Y
		Investor Class

	Invesco Technology Fund –	Class A
		Class C
		Class Y
		Class R5
		Investor Class

	Invesco Utilities Fund –	Class A
		Class C
		Class Y
		Class R5
		Investor Class
		Class R6

	Invesco Technology Sector Fund –	Class A
		Class C
		Class Y

	Invesco American Value Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5
		Class R6

	Invesco Xxxxxxxx Fund –	Class A
		Class C
		Class R


		Class Y
		Class R5
		Class R6

	Invesco Mid Cap Growth Fund –	Class A
		Class C
		Class R
		Class Y
		Class R5

	Invesco Small Cap Value Fund –	Class A
		Class C
		Class Y

	Invesco Value Opportunities Fund -	Class A
		Class C
		Class R
		Class Y
		Class R5

AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)

	Invesco Tax-Exempt Cash Fund –	Class A
		Class Y
		Investor Class

	Invesco Tax-Free Intermediate Fund –	Class A
		Class A2
		Class Y
		Class R5

	Invesco High Yield Municipal Fund –	Class A
		Class C
		Class Y
		Class R5

	Invesco Intermediate Term Municipal Income Fund –	Class A
		Class C
		Class Y

	Invesco Municipal Income Fund –	Class A
		Class C
		Class Y

	Invesco New York Tax Free Income Fund –	Class A
		Class C
		Class Y

AIM TREASURER’S SERIES TRUST (INVESCO TREASURER’S SERIES TRUST)

	Premier Portfolio –	Investor Class


		Premier Tax-Exempt Portfolio –		Investor Class

		Premier U.S. Government Money Portfolio –		Investor Class”

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

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 TREASURER’S SERIES TRUST (INVESCO TREASURER’S SERIES TRUST)


	on behalf of the Shares of each Portfolio listed on Schedule A
	By:	/s/ Xxxx X. Xxxx
		Xxxx X. Xxxx
		Senior Vice President


	INVESCO DISTRIBUTORS, INC.
	By:	/s/ Xxxxx Xxxxxx
		Xxxxx Kundan
		Executive Vice President

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AMENDMENT NO. 34 TO THE FIRST RESTATED MASTER DISTRIBUTION AGREEMENT (ALL CLASSES OF SHARES EXCEPT CLASS B AND CLASS BX SHARES)

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