AMENDMENT NO. 16 TO MASTER INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 16
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of April 22, 2014, amends the Master Investment Advisory Agreement (the “Agreement”), dated November 25, 2003, between AIM Counselor Series Trust (Invesco Counselor Series Trust), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to add Invesco Strategic Real Return Fund;
NOW, THEREFORE, the parties agree that:
| 1. | Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: |
“APPENDIX A
FUNDS AND EFFECTIVE DATES
| Name of Fund |
Effective Date of Advisory Agreement | |
| Invesco American Franchise Fund |
February 12, ▇▇▇▇ | |
| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Tax-Free Income Fund |
February 12, 2010 | |
| Invesco Core Plus Bond Fund |
June 2, 2009 | |
| Invesco Equally-Weighted S&P 500 Fund |
February 12, 2010 | |
| Invesco Equity and Income Fund |
February 12, 2010 | |
| Invesco Floating Rate Fund |
April 14, 2006 | |
| Invesco Global Real Estate Income Fund |
March 12, 2007 | |
| Invesco Growth and Income Fund |
February 12, 2010 | |
| Invesco Low Volatility Equity Yield Fund |
March 31, ▇▇▇▇ | |
| ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Tax Free Income Fund |
February 12, 2010 | |
| Invesco S&P 500 Index Fund |
February 12, 2010 | |
| Invesco Small Cap Discovery Fund |
February 12, 2010 | |
| Invesco Strategic Real Return Fund |
April 7, ▇▇▇▇ | |
▇▇▇▇▇▇▇▇ ▇
COMPENSATION TO THE ADVISOR
The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.
Invesco Core Plus Bond Fund
| Net Assets |
Annual Rate | |||
| First $500 million |
0.450 | % | ||
| Next $500 million |
0.425 | % | ||
| Next $1.5 billion |
0.400 | % | ||
| Next $2.5 billion |
0.375 | % | ||
| Over $5 billion |
0.350 | % | ||
Invesco Floating Rate Fund
| Net Assets |
Annual Rate | |||
| First $500 million |
0.65 | % | ||
| Next $4.5 billion |
0.60 | % | ||
| Next $5 billion |
0.575 | % | ||
| Over $10 billion |
0.55 | % | ||
Invesco Global Real Estate Income Fund
| Net Assets |
Annual Rate | |||
| First $250 million |
0.75 | % | ||
| Next $250 million |
0.74 | % | ||
| Next $500 million |
0.73 | % | ||
| Next $1.5 billion |
0.72 | % | ||
| Next $2.5 billion |
0.71 | % | ||
| Next $2.5 billion |
0.70 | % | ||
| Next $2.5 billion |
0.69 | % | ||
| Amount over $10 billion |
0.68 | % | ||
Invesco Low Volatility Equity Yield Fund
| Net Assets |
Annual Rate | |||
| First $250 million |
0.60 | % | ||
| Next $250 million |
0.575 | % | ||
| Next $500 million |
0.55 | % | ||
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| Next $1.5 billion |
0.525 | % | ||
| Next $2.5 billion |
0.50 | % | ||
| Next $2.5 billion |
0.475 | % | ||
| Next $2.5 billion |
0.45 | % | ||
| Over $10 billion |
0.425 | % |
Invesco California Tax-Free Income Fund
| Net Assets |
Annual Rate | |||
| First $500 million |
0.47 | % | ||
| Next $250 million |
0.445 | % | ||
| Next $250 million |
0.42 | % | ||
| Next $250 million |
0.395 | % | ||
| Over $1.25 billion |
0.37 | % | ||
Invesco Equally-Weighted S&P 500 Fund
Invesco S&P 500 Index Fund
| Net Assets |
Annual Rate | |||
| First $2 billion |
0.12 | % | ||
| Over $2 billion |
0.10 | % | ||
Invesco Equity and Income Fund
Invesco Growth and Income Fund
| Net Assets |
Annual Rate | |||
| First $150 million |
0.50 | % | ||
| Next $100 million |
0.45 | % | ||
| Next $100 million |
0.40 | % | ||
| Over $350 million |
0.35 | % | ||
Invesco American Franchise Fund
| Net Assets |
Annual Rate | |||
| First $250 million |
0.695 | % | ||
| Next $250 million |
0.67 | % | ||
| Next $500 million |
0.645 | % | ||
| Next $550 million |
0.62 | % | ||
| Next $3.45 billion |
0.60 | % | ||
| Next $250 million |
0.595 | % | ||
| Next $2.25 billion |
0.57 | % | ||
| Next $2.5 billion |
0.545 | % | ||
| Over $10 billion |
0.52 | % | ||
3
Invesco Pennsylvania Tax Free Income Fund
| Net Assets |
Annual Rate | |||
| First $500 million |
0.60 | % | ||
| Over $500 million |
0.50 | % | ||
Invesco Small Cap Discovery Fund
| Net Assets |
Annual Rate | |||
| First $500 million |
0.80 | % | ||
| Next $500 million |
0.75 | % | ||
| Over $1 billion |
0.70 | % | ||
Invesco Strategic Real Return Fund
| Net Assets |
Annual Rate | |||
| First $1 billion |
0.40 | % | ||
| Next $2.5 billion |
0.35 | % | ||
| Over $3.5 billion |
0.33 | % | ||
| 2. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
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IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.
| AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) | ||||||
| Attest: |
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | By: | /s/ ▇▇▇▇ ▇. ▇▇▇▇ | |||
| Assistant Secretary | ▇▇▇▇ ▇. ▇▇▇▇ | |||||
| Senior Vice President | ||||||
| (SEAL) |
||||||
| INVESCO ADVISERS, INC. | ||||||
| Attest: |
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | By: | /s/ ▇▇▇▇ ▇. ▇▇▇▇ | |||
| Assistant Secretary | ▇▇▇▇ ▇. ▇▇▇▇ | |||||
| Senior Vice President | ||||||
| (SEAL) |
||||||
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