EX-99.(D)(3)(C) 3 tm255835d1_ex99-xdx3xc.htm EXHIBIT 99.(D)(3)(C)

 

Exhibit 99.(d)(3)(c)

 

SCHEDULE A

(as of December 13, 2024)

 

Fund

 

 

 

Sub-Advisory Fee (%)

 

 

 

 Initial
Board
Approval
Date		 Shareholder
Approval
Date		 Initial
Effective
Date		 Termination
Date
Invesco AAA CLO Floating Rate Note ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 09/15/22 12/8/22 12/9/22 4/30/25
Invesco Active U.S. Real Estate ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 6/20/08 11/18/08 11/19/08 4/30/25

Invesco Corporate Bond Factor ETF 

 The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/12/19 [   ] [   ] 4/30/25
Invesco High Yield Bond Factor ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/12/19 11/24/20 12/02/20 4/30/25
Invesco High Yield Select ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such 09/15/22 12/8/22 12/9/22 4/30/25

 

 

 

 

Fund

 

 

 

Sub-Advisory Fee (%)

 

 

 

 Initial
Board
Approval
Date		 Shareholder
Approval
Date		 Initial
Effective
Date		 Termination
Date
Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust.
Invesco Intermediate Bond Factor ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/12/19 [   ] [   ] 4/30/25
Invesco MSCI EAFE Income Advantage ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 06/27/24 [    ] [    ] 4/30/26
Invesco Multi-Sector Bond Income Factor ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/12/19 [   ] [   ] 4/30/25
Invesco Municipal Strategic Income ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 09/15/22 12/8/22 12/9/22 4/30/25

 

 

 

 

Fund

 

 

 

Sub-Advisory Fee (%)

 

 

 

 Initial
Board
Approval
Date		 Shareholder
Approval
Date		 Initial
Effective
Date		 Termination
Date
Invesco QQQ Income Advantage ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 06/27/24 [    ] [    ] 4/30/26
Invesco Real Assets ESG ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/15/20 12/16/20 12/18/20 4/30/25
Invesco Short Duration Bond ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 09/15/22 12/8/22 12/9/22 4/30/25
Invesco Short-Term Bond Factor ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/12/19 [   ] [   ] 4/30/25
Invesco S&P 500 Equal Weight Income Advantage ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last 06/27/24 [    ] [    ] 4/30/26

 

 

 

 

Fund

 

 

 

Sub-Advisory Fee (%)

 

 

 

 Initial
Board
Approval
Date		 Shareholder
Approval
Date		 Initial
Effective
Date		 Termination
Date
business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust.
Invesco SteelPath MLP & Energy Infrastructure ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust 12/13/24 [   ] [   ] 4/30/26
Invesco Total Return Bond ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/19/17 04/06/18 04/06/18 4/30/25
Invesco Ultra Short Duration ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/19/17 04/06/18 04/06/18 4/30/25
Invesco Variable Rate Investment Grade ETF The Sub-Advisory fee, to be computed daily and paid monthly, shall be equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust with respect to the Fund pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the such Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(a) of the Agreement for that month divided by the net assets of such Fund for that month.  This fee shall be payable on or before the last business day of the next succeeding calendar month.  In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Agreement exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust. 12/17/15 9/20/16 9/21/16 4/30/25

 

 

 

 

SCHEDULE B

 

Addresses of Sub-Advisers

 

Invesco Advisers, Inc.

11 Greenway Plaza

Suite 1000

Houston, Texas 77046

 

Invesco Asset Management Deutschland GmbH

An der Welle 5

1st Floor

Frankfurt, Germany 60322

 

Invesco Asset Management Limited

Perpetual Park

Perpetual Park Drive

Henley-on-Thames

Oxfordshire

RG9 1HH

United Kingdom

 

Invesco Asset Management (Japan) Limited

Roppongi Hills Mori Tower 14th Floor

6-10-1 Roppongi, Minato-ku

Tokyo 106-6114

 

Invesco Hong Kong Limited

45/F Jardine House

1 Connaught Place, Central

Hong Kong

 

Invesco Senior Secured Management, Inc.

225 Liberty Street

New York, NY 10281

 

Invesco Canada Ltd.

120 Bloor Street East

Suite 700

Toronto, Ontario

Canada M4W 1B7

 

 

 

 

  INVESCO CAPITAL MANAGEMENT LLC
     
  Adviser
     
  By: /s/ Brian Hartigan                       
     
  Name: Brian Hartigan
     
  Title: Managing Director  
     

 

 

 

  INVESCO ADVISERS, INC.
     
  Sub-Adviser
     
  By: /s/ Melanie Ringold                                
     
  Name: Melanie Ringold
     
  Title: Senior Vice President & Secretary
     

 

 

 

  INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH
     
  Sub-Adviser
     
  By: /s/ Paul Dumitrescu and Oliver Bilal
     
  Name: Paul Dumitrescu and Oliver Bilal
     
  Title: Director                            

 

 

  INVESCO ASSET MANAGEMENT LIMITED
     
  Sub-Adviser
     
  By: /s/ Olivar Bilal                            
     
  Name: Olivar Bilal                                 
     
  Title: Head of EMEA Distribution                   
     
     
  INVESCO ASSET MANAGEMENT (JAPAN) LIMITED
     
  Sub- Adviser
     
  By: /s/ Takashi Matsuo                                 
     
  Name:             Takashi Matsuo
     
  Title:             CAO & Head of Human Resources
     
     
  INVESCO HONG KONG LIMITED
     
  Sub- Adviser
     
  By: /s/ Fanny Lee    Richard Chow                 
     
  Name: Fanny Lee                  Richard Chow        
     
  Title: Head of Finance, GC/ Reg Head of Investments, AP

 

 

 

 

  INVESCO SENIOR SECURED MANAGEMENT, INC.
     
  Sub-Adviser
     
  By: /s/ Antonio Reina                         
     
  Name:      Antonio Reina                     
     
  Title:              Secretary                      
     
     
  INVESCO CANADA LTD.
     
  Sub-Adviser
     
  By: /s/ Shalomi Abraham                             
     
     
  Name:              Shalomi Abraham    
     
     
  Title:              Senior Vice President