AMENDMENT NO. 23 TO SUB-ADVISORY CONTRACT
AMENDMENT NO. 23
TO
This Amendment dated as of November 18, 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 change the name of Invesco ▇▇▇▇▇▇▇▇▇▇▇ Macquarie Global Infrastructure Fund to Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Infrastructure Fund, a series portfolio of AIM Investment Funds (Invesco Investment Funds);
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) (“▇▇▇▇”), 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/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | ||
| Title: Senior Vice President & Secretary | ||
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INVESCO CAPITAL MANAGEMENT LLC
Sub-Advisor
| By: |
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | |
| Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | ||
|
Title: Managing Director – Global Invesco ETFs, Chief Executive Officer & Principal Executive Officer | ||
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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 ▇▇▇▇▇▇▇▇▇▇▇ Capital Appreciation Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Discovery Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Equity Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Master Loan Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Real Estate Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Senior Floating Rate Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Senior Floating Rate Plus Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Short Term Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® Short Duration High Yield Municipal Fund
Invesco Pennsylvania Tax Free Income Fund
Invesco Short Duration High Yield Municipal Fund
AIM Equity Funds (Invesco Equity Funds)
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Dividend Opportunity Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Main Street Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Main Street All Cap Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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 Balanced-Risk Retirement Now Fund
Invesco Convertible Securities Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ International Diversified Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Main Street Mid Cap Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Main Street Small Cap Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Master Event-Linked Bond Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Mid Cap Value Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Portfolio Series: Active Allocation Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Portfolio Series: Conservative Investor Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Portfolio Series: Growth Investor Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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
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
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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 ▇▇▇▇▇▇▇▇▇▇▇ Global Focus Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Opportunities Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ International Equity Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ International Growth Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Multi-Asset Growth Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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 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 Multi-Asset Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Capital Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Developing Markets Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Discovery Mid Cap Growth Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Emerging Markets Innovators Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Emerging Markets Local Debt Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Fundamental Alternatives Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Allocation Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Infrastructure Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Multi-Asset Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global Strategic Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ International Bond Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ SteelPath MLP Alpha Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ SteelPath MLP Alpha Plus Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ SteelPath MLP Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ SteelPath MLP Select 40 Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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 ▇▇▇▇▇▇▇▇▇▇▇ Intermediate Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Global High Yield Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Government Cash Reserves Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Government Money Market Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Limited-Term Bond Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Limited-Term Government Fund
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Invesco ▇▇▇▇▇▇▇▇▇▇▇ Master Inflation Protected Securities Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Ultra-Short Duration Fund
AIM Sector Funds (Invesco Sector Funds)
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Small Cap Value Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Gold & Special Minerals Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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 ▇▇▇▇▇▇▇▇▇▇▇ Intermediate Term Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® AMT-Free Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® AMT-Free New York Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® California Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® Municipals Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® High Yield Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® Limited Term California Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® Limited Term New York Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® New Jersey Municipal Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ Rochester® Pennsylvania Municipal Fund
AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)
Invesco Premier Portfolio
Invesco Premier Tax-Exempt Portfolio
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Capital Appreciation Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Conservative Balanced Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Discovery Mid Cap Growth Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Strategic Income Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Government Money Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. International Growth Fund
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Small Cap Fund®
Invesco ▇▇▇▇▇▇▇▇▇▇▇ 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. ▇▇▇▇▇▇▇▇ 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
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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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