EX-99.77Q1 OTHR EXHB 9 h77926ex77q1e4.txt EXHIBIT Sub-Item 77Q1(e) SIXTH AMENDED AND RESTATED MEMORANDUM OF AGREEMENT (SECURITIES LENDING ADMINISTRATIVE FEE WAIVER) This Sixth Amended and Restated Memorandum of Agreement is entered into as of the dates indicated on Exhibit "A" between 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), AIM Variable Insurance Funds (Invesco Variable Insurance Funds) and Short-Term Investments Trust (each a "Fund" and collectively, the "Funds"), on behalf of the portfolios listed on Exhibit "A" to this Memorandum of Agreement (the "Portfolios"), and Invesco Advisers, Inc. ("Invesco"). For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Funds and Invesco agree as follows: 1. Each Fund, for itself and its Portfolios, and Invesco agree that until the expiration date, if any, of the commitment set forth on the attached Exhibit "A" occurs, as such Exhibit "A" is amended from time to time, Invesco has agreed that it will not charge any administrative fee under each Portfolio's advisory agreement in connection with securities lending activities without prior approval from the Portfolio's Board (such agreement is referred to as the "Waiver"). 2. Neither a Fund nor Invesco may remove or amend the Waiver to a Fund's detriment prior to requesting and receiving the approval of the Portfolio's Board to remove or amend the Waiver. Invesco will not have any right to reimbursement of any amount so waived. Unless a Fund, by vote of its Board of Trustees terminates the Waiver, or a Fund and Invesco are unable to reach an agreement on the amount of the Waiver to which the Fund and Invesco desire to be bound, the Waiver will continue indefinitely with respect to such Fund. Exhibit "A" will be amended to reflect the new date through which a Fund and Invesco agree to be bound. It is expressly agreed that the obligations of the Trusts hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of each Trust, and this Memorandum of Agreement has been executed and delivered by an authorized officer of each Trust acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust's Agreement and Declaration of Trust. Nothing in this Memorandum of Agreement is intended to affect any other memorandum of agreement executed by any Fund or Invesco with respect to any other fee waivers, expense reimbursements and/or expense limitations. IN WITNESS WHEREOF, each Fund, on behalf of itself and its Portfolios listed in Exhibit "A" to this Memorandum of Agreement, and Invesco have entered into this Memorandum of Agreement as of the dates indicated on Exhibit "A". 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 FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) SHORT-TERM INVESTMENTS TRUST By: /s/ John M. Zerr ---------------------------------------------------- Title: Senior Vice President INVESCO ADVISERS, INC. By: /s/ John M. Zerr ---------------------------------------------------- Title: Senior Vice President 2 EXHIBIT "A" AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Balanced Fund February 12, 2010 Invesco California Tax-Free Income Fund February 12, 2010 Invesco Core Plus Bond Fund June 2, 2009 Invesco Dividend Growth Securities Fund February 12, 2010 Invesco Equally-Weighted S&P 500 Fund February 12, 2010 Invesco Floating Rate Fund April 14, 2006 Invesco Fundamental Value Fund February 12, 2010 Invesco Large Cap Relative Value Fund February 12, 2010 Invesco Multi-Sector Fund November 25, 2003 Invesco New York Tax-Free Income Fund February 12, 2010 Invesco S&P 500 Index Fund February 12, 2010 Invesco Select Real Estate Income Fund March 9, 2007 Invesco Structured Core Fund March 31, 2006 Invesco Structured Growth Fund March 31, 2006 Invesco Structured Value Fund March 31, 2006 Invesco Van Kampen American Franchise Fund February 12, 2010 Invesco Van Kampen Core Equity Fund February 12, 2010 Invesco Van Kampen Equity and Income Fund February 12, 2010 Invesco Van Kampen Equity Premium Income Fund February 12, 2010 Invesco Van Kampen Growth and Income Fund February 12, 2010 Invesco Van Kampen Money Market Fund February 12, 2010 Invesco Van Kampen Pennsylvania Tax Free Income Fund February 12, 2010 Invesco Van Kampen Small Cap Growth Fund February 12, 2010 Invesco Van Kampen Tax-Free Money Fund February 12, 2010
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Capital Development Fund June 21, 2000 Invesco Charter Fund June 21, 2000 Invesco Constellation Fund June 21, 2000 Invesco Disciplined Equity Fund July 14, 2009 Invesco Diversified Dividend Fund December 28, 2001 Invesco Large Cap Basic Value Fund June 21, 2000 Invesco Large Cap Growth Fund June 21, 2000 Invesco Summit Fund July 24, 2000
AIM FUNDS GROUP (INVESCO FUNDS GROUP)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Basic Balanced Fund September 28, 2001 Invesco European Small Company Fund August 30, 2000 Invesco Global Core Equity Fund December 27, 2000 Invesco International Small Company Fund August 30, 2000 Invesco Mid Cap Basic Value Fund December 27, 2001 Invesco Select Equity Fund June 1, 2000 Invesco Small Cap Equity Fund August 30, 2000
---------- * Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-1 AIM GROWTH SERIES (INVESCO GROWTH SERIES)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Basic Value Fund June 5, 2000 Invesco Convertible Securities Fund February 12, 2010 Invesco Global Equity Fund September 1, 2001 Invesco Mid Cap Core Equity Fund September 1, 2001 Invesco Small Cap Growth Fund September 11, 2000 Invesco Van Kampen Asset Allocation Conservative Fund February 12, 2010 Invesco Van Kampen Asset Allocation Growth Fund February 12, 2010 Invesco Van Kampen Asset Allocation Moderate Fund February 12, 2010 Invesco Van Kampen Harbor Fund February 12, 2010 Invesco Van Kampen Leaders Fund February 12, 2010 Invesco Van Kampen Real Estate Securities Fund February 12, 2010 Invesco Van Kampen U.S. Mortgage Fund February 12, 2010
AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Asia Pacific Growth Fund June 21, 2000 Invesco European Growth Fund June 21, 2000 Invesco Global Growth Fund June 21, 2000 Invesco Global Small & Mid Cap Growth Fund June 21, 2000 Invesco International Growth Fund June 21, 2000 Invesco International Core Equity Fund November 25, 2003
AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Alternative Opportunities Fund February 12, 2010 Invesco Balanced-Risk Allocation Fund May 29, 2009 Invesco China Fund March 31, 2006 Invesco Commodities Strategy Fund February 12, 2010 Invesco Developing Markets Fund September 1, 2001 Invesco Emerging Market Local Currency Debt Fund June 14, 2010 Invesco Endeavor Fund November 4, 2003 Invesco FX Alpha Plus Strategy Fund February 12, 2010 Invesco FX Alpha Strategy Fund February 12, 2010 Invesco Global Advantage Fund February 12, 2010 Invesco Global Dividend Growth Securities Fund February 12, 2010 Invesco Global Fund November 4, 2003 Invesco Global Health Care Fund September 1, 2001 Invesco Health Sciences Fund February 12, 2010 Invesco International Growth Equity Fund February 12, 2010 Invesco International Total Return Fund March 31, 2006 Invesco Japan Fund March 31, 2006 Invesco LIBOR Alpha Fund March 31, 2006 Invesco Pacific Growth Fund February 12, 2010 Invesco Small Companies Fund November 4, 2003 Invesco Van Kampen Emerging Markets Fund February 12, 2010 Invesco Van Kampen Global Bond Fund February 12, 2010
---------- * Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-2
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Van Kampen Global Equity Allocation Fund February 12, 2010 Invesco Van Kampen Global Franchise Fund February 12, 2010 Invesco Van Kampen Global Tactical Asset Allocation Fund February 12, 2010 Invesco Van Kampen International Advantage Fund February 12, 2010 Invesco Van Kampen International Growth Fund February 12, 2010
AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Core Bond Fund December 28, 2001 Invesco Dynamics Fund November 25, 2003 Invesco Global Real Estate Fund April 29, 2005 Invesco High Yield Fund June 1, 2000 Invesco High Yield Securities Fund February 12, 2010 Invesco Income Fund June 1, 2000 Invesco Limited Maturity Treasury Fund June 1, 2000 Invesco Money Market Fund June 1, 2000 Invesco Municipal Bond Fund June 1, 2000 Invesco Real Estate Fund September 11, 2000 Invesco Short Term Bond Fund August 29, 2002 Invesco U.S. Government Fund June 1, 2000 Invesco Van Kampen Core Plus Fixed Income Fund February 12, 2010 Invesco Van Kampen Corporate Bond Fund February 12, 2010 Invesco Van Kampen Government Securities Fund February 12, 2010 Invesco Van Kampen High Yield Fund February 12, 2010 Invesco Van Kampen Limited Duration Fund February 12, 2010
AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco Energy Fund November 25, 2003 Invesco Financial Services Fund November 25, 2003 Invesco Gold & Precious Metals Fund November 25, 2003 Invesco Leisure Fund November 25, 2003 Invesco Mid-Cap Value Fund February 12, 2010 Invesco Small-Mid Special Value Fund February 12, 2010 Invesco Special Value Fund February 12, 2010 Invesco Technology Fund November 25, 2003 Invesco Technology Sector Fund February 12, 2010 Invesco U.S. Mid Cap Value Fund February 12, 2010 Invesco U.S. Small Cap Value Fund February 12, 2010 Invesco U.S. Small/Mid Cap Value Fund February 12, 2010 Invesco Utilities Fund November 25, 2003 Invesco Value Fund February 12, 2010 Invesco Value II Fund February 12, 2010 Invesco Van Kampen American Value Fund February 12, 2010 Invesco Van Kampen Capital Growth Fund February 12, 2010 Invesco Van Kampen Comstock Fund February 12, 2010 Invesco Van Kampen Enterprise Fund February 12, 2010 Invesco Van Kampen Mid Cap Growth Fund February 12, 2010 Invesco Van Kampen Small Cap Value Fund February 12, 2010 Invesco Van Kampen Technology Sector Fund February 12, 2010 Invesco Van Kampen Utility Fund February 12, 2010 Invesco Van Kampen Value Opportunities Fund February 12, 2010
---------- * Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-3 AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco High Income Municipal Fund June 1, 2000 Invesco Municipal Fund February 12, 2010 Invesco Tax-Exempt Cash Fund June 1, 2000 Invesco Tax-Exempt Securities Fund February 12, 2010 Invesco Tax-Free Intermediate Fund June 1, 2000 Invesco Van Kampen California Insured Tax Free Fund February 12, 2010 Invesco Van Kampen High Yield Municipal Fund February 12, 2010 Invesco Van Kampen Insured Tax Free Income Fund February 12, 2010 Invesco Van Kampen Intermediate Term Municipal Income Fund February 12, 2010 Invesco Van Kampen Municipal Income Fund February 12, 2010 Invesco Van Kampen New York Tax Free Income Fund February 12, 2010
AIM TREASURER'S SERIES TRUST (INVESCO TREASURER'S SERIES TRUST)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Premier Portfolio November 25, 2003 Premier Tax-Exempt Portfolio November 25, 2003 Premier U.S. Government Money Portfolio November 25, 2003
AIM VARIABLE INSURANCE FUNDS (INVESCO INSURANCE FUNDS)
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco V.I. Basic Balanced Fund May 1, 2000 Invesco V.I. Basic Value Fund September 10, 2001 Invesco V.I. Capital Appreciation Fund May 1, 2000 Invesco V.I. Capital Development Fund May 1, 2000 Invesco V.I. Core Equity Fund May 1, 2000 Invesco V.I. Diversified Income Fund May 1, 2000 Invesco V.I. Dividend Growth Fund February 9, 2010 Invesco V.I. Dynamics Fund April 30, 2004 Invesco V.I. Financial Services Fund April 30, 2004 Invesco V.I. Global Dividend Growth Fund February 9, 2010 Invesco V.I. Global Health Care Fund April 30, 2004 Invesco V.I. Global Real Estate Fund April 30, 2004 Invesco V.I. Government Securities Fund May 1, 2000 Invesco V.I. High Yield Fund May 1, 2000 Invesco V.I. High Yield Fund February 12, 2010 Invesco V.I. Income Builder Fund February 12, 2010 Invesco V.I. International Growth Fund May 1, 2000 Invesco V.I. Large Cap Growth Fund September 1, 2003 Invesco V.I. Leisure Fund April 30, 2004 Invesco V.I. Mid Cap Core Equity Fund September 10, 2001 Invesco V.I. Money Market Fund May 1, 2000 Invesco V.I. PowerShares ETF Allocation Fund October 22, 2008
---------- * Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-4
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Invesco V.I. S&P 500 Index Fund February 12, 2010 Invesco V.I. Select Dimensions Balanced Fund February 12, 2010 Invesco V.I. Select Dimensions Dividend Growth Fund February 12, 2010 Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund February 12, 2010 Invesco V.I. Small Cap Equity Fund September 1, 2003 Invesco V.I. Technology Fund April 30, 2004 Invesco V.I. Utilities Fund April 30, 2004 Invesco Van Kampen V.I. Capital Growth Fund February 12, 2010 Invesco Van Kampen V.I. Comstock Fund February 12, 2010 Invesco Van Kampen V.I. Equity and Income Fund February 12, 2010 Invesco Van Kampen V.I. Global Tactical Asset Allocation Fund February 12, 2010 Invesco Van Kampen V.I. Global Value Equity Fund February 12, 2010 Invesco Van Kampen V.I. Government Fund February 12, 2010 Invesco Van Kampen V.I. Growth and Income Fund February 12, 2010 Invesco Van Kampen V.I. High Yield Fund February 12, 2010 Invesco Van Kampen V.I. International Growth Equity Fund February 12, 2010 Invesco Van Kampen V.I. Mid Cap Growth Fund February 12, 2010 Invesco Van Kampen V.I. Mid Cap Value Fund February 12, 2010 Invesco Van Kampen V.I. Value Fund February 12, 2010
SHORT-TERM INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL* ---------------------------------------------------------------------------- ------------------ ---------------- Government & Agency Portfolio June 1, 2000 Government TaxAdvantage Portfolio June 1, 2000 Liquid Assets Portfolio June 1, 2000 STIC Prime Portfolio June 1, 2000 Tax-Free Cash Reserve Portfolio June 1, 2000 Treasury Portfolio June 1, 2000
---------- * Committed until the Fund or Invesco requests and receives the approval of the Fund's Board to remove or amend such fee waiver. Such commitments are evergreen until amended and apply to each Portfolio of a Fund. A-5