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 ▇▇▇▇▇▇▇▇ 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)