EX-99.D.1.W 6 d932616dex99d1w.htm EX-99.D.1.W EX-99.D.1.W

AMENDMENT NO. 22

TO

MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of May 15, 2020, amends the Master Investment Advisory Agreement (the “Agreement”), dated June 1, 2000, between AIM Investment Securities Funds (Invesco Investment Securities Funds), 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 remove Invesco Oppenheimer Limited Term Bond Fund, Invesco Oppenheimer Limited-Term Government Fund, Invesco Oppenheimer Ultra-Short Duration Fund and Invesco Oppenheimer Government Cash Reserves 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 Corporate Bond Fund

   

February 12, 2010

Invesco Global Real Estate Fund

   

April 29, 2005

Invesco High Yield Fund

   

June 1, 2000

Invesco Income Fund

   

June 1, 2000

Invesco Government Money Market Fund

   

June 1, 2000

Invesco High Yield Bond Factor Fund

   

May 24, 2019

Invesco Oppenheimer Government Money Market Fund

   

May 24, 2019

Invesco Intermediate Bond Factor Fund

   

May 24, 2019

Invesco Oppenheimer Master Inflation Protected Securities Fund

   

May 24, 2019

Invesco Real Estate Fund

   

October 29, 2003

Invesco Short Duration Inflation Protected Fund

   

June 1, 2000

Invesco Short Term Bond Fund

   

August 29, 2002

APPENDIX B

COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.

Invesco Corporate Bond Fund

 

Net Assets

    Annual Rate  

First $500 million

      0.42 % 

Next $750 million

      0.35 % 

Over $1.25 billion

      0.22 % 

Invesco Global Real Estate Fund

Invesco Real Estate 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 % 

Over $10 billion

      0.68 % 

Invesco High Yield Fund

 

Net Assets

    Annual Rate  

First $200 million

      0.625 % 

Next $300 million

      0.55 % 

Next $500 million

      0.50 % 

Over $1 billion

      0.45 % 

Invesco Income Fund

 

Net Assets

    Annual Rate  

First $200 million

      0.50 % 

Next $300 million

      0.40 % 

Next $500 million

      0.35 % 

Next $19.5 billion

      0.30 % 

Over $20.5 billion

      0.24 % 

Invesco Short Duration Inflation Protected Fund

 

Net Assets

    Annual Rate  

First $500 million

      0.20 % 

Over $500 million

      0.175 % 

 

2

Invesco Government Money Market Fund

 

Net Assets

    Annual Rate  

All Assets

      0.15 % 

Invesco Intermediate Bond Factor Fund

 

Net Assets

    Annual Rate  

First $2 billion

      0.25 % 

Over $2 billion

      0.23 % 

Invesco High Yield Bond Factor Fund

 

Net Assets

    Annual Rate  

First $2 billion

      0.37 % 

Over $2 billion

      0.35 % 

Invesco Oppenheimer Government Money Market Fund*

 

Net Assets

    Annual Rate  

First $500 million

      0.45 % 

Next $500 million

      0.425 % 

Next $500 million

      0.40 % 

Next $1.5 billion

      0.375 % 

Over $3 billion

      0.35 % 

Invesco Oppenheimer Master Inflation Protected Securities Fund*

 

Net Assets

    Annual Rate  

First $1 billion

      0.40 % 

Over $1 billion

      0.35 % 

Invesco Short Term Bond Fund

 

Net Assets

    Annual Rate  

First $500 million

      0.350 % 

Next $500 million

      0.325 % 

Next $1.5 billion

      0.300 % 

Next $2.5 billion

      0.290 % 

Over $5 billion

      0.280 %” 

 

  2.

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

 

 

* 

The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

 

3

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.

 

     

              AIM INVESTMENT SECURITIES FUNDS

  (INVESCO INVESTMENT SECURITIES FUNDS)

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

 

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