AMENDMENT NO. 29

TO

SECOND AMENDED AND RESTATED

MASTER ADMINISTRATIVE SERVICES AGREEMENT

This Amendment dated as of October 30, 2019, amends the Second Amended and Restated Master Administrative Services Agreement (the “Agreement”), dated July 1, 2006, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Investment Funds (Invesco Investment Funds), a Delaware statutory trust, as follows:

W I T N E S S E T H:

WHEREAS, the parties desire to remove Invesco Emerging Markets Flexible Bond Fund, Invesco MLP Fund, Invesco Oppenheimer Global Unconstrained Bond Fund, Invesco Oppenheimer Preferred Securities and Income Fund, Invesco Oppenheimer SteelPath MLP & Energy Infrastructure Fund and Invesco Oppenheimer SteelPath Panoramic Fund;

NOW, THEREFORE, the parties agree as follows;

Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:

“APPENDIX A

TO

MASTER ADMINISTRATIVE SERVICES AGREEMENT

OF

AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

Portfolios	Effective Date of Agreement
Invesco All Cap Market Neutral Fund		December 16, 2013
Invesco Balanced-Risk Allocation Fund		May 29, 2009
Invesco Balanced-Risk Commodity Strategy Fund		November 29, 2010
Invesco Greater China Fund		July 1, 2006
Invesco Developing Markets Fund		July 1, 2006
Invesco Emerging Markets Select Equity Fund		May 31, 2011
Invesco Endeavor Fund		July 1, 2006
Invesco Health Care Fund		July 1, 2006
Invesco Global Infrastructure Fund		April 22, 2014
Invesco Global Market Neutral Fund		December 16, 2013
Invesco Global Targeted Returns Fund		December 16, 2013
Invesco Long/Short Equity Fund		December 16, 2013
Invesco Low Volatility Emerging Markets Fund		December 16, 2013
Invesco Macro Allocation Strategy Fund		September 25, 2012
Invesco Multi-Asset Income Fund		December 14, 2011
Invesco Oppenheimer Capital Income Fund		May 24, 2019
Invesco Oppenheimer Developing Markets Fund		May 24, 2019
Invesco Oppenheimer Discovery Mid Cap Growth Fund		May 24, 2019
Invesco Oppenheimer Emerging Markets Innovators Fund		May 24, 2019
Invesco Oppenheimer Emerging Markets Local Debt Fund		May 24, 2019

Invesco Oppenheimer Fundamental Alternatives Fund	May 24, 2019
Invesco Oppenheimer Global Allocation Fund	May 24, 2019
Invesco Oppenheimer Global Multi-Asset Income Fund	May 24, 2019
Invesco Oppenheimer Global Strategic Income Fund	May 24, 2019
Invesco Oppenheimer International Bond Fund	May 24, 2019
Invesco Oppenheimer Macquarie Global Infrastructure Fund	May 24, 2019
Invesco Oppenheimer SteelPath MLP Alpha Fund	May 24, 2019
Invesco Oppenheimer SteelPath MLP Alpha Plus Fund	May 24, 2019
Invesco Oppenheimer SteelPath MLP Income Fund	May 24, 2019
Invesco Oppenheimer SteelPath MLP Select 40 Fund	May 24, 2019
Invesco Oppenheimer Total Return Bond Fund	May 24, 2019
Invesco Pacific Growth Fund	February 12, 2010
Invesco Select Companies Fund	July 1, 2006
Invesco U.S. Managed Volatility Fund	December 18, 2017
Invesco World Bond Fund	July 1, 2006

The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:

Rate*	Invesco Fund Complex Net Assets**
0.0175%	First $100 billion
0.0150%	Next $100 billion
0.0135%	Next $100 billion
0.0125%	Next $100 billion
0.010%	Over $400 billion

* The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month not to exceed 0.0140% through June 30, 2019.

** Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board.”

All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

		INVESCO ADVISERS, INC.
Attest:	/s/ Elizabeth Nelson	By:	/s/ Jeffrey H. Kupor
	Assistant Secretary		Jeffrey H. Kupor
			Senior Vice President & Secretary
		AIM INVESTMENT FUNDS
		(INVESCO INVESTMENT FUNDS)
Attest:	/s/ Elizabeth Nelson	By:	/s/ Jeffrey H. Kupor
	Assistant Secretary		Jeffrey H. Kupor
			Chief Legal Officer, Senior Vice      President & Secretary