Sub-Item 77Q1(e)

                                AMENDMENT NO. 1
                                       TO
                             SUB-ADVISORY CONTRACT

     This Amendment dated as of January 23, 2012, amends the Sub-Advisory
Contract (the "Contract"), dated June 1, 2010, by and among Invesco Advisers,
Inc. (the "Adviser") and each of Invesco Asset Management Deutschland GmbH;
Invesco Asset Management Limited; Invesco Asset Management (Japan) Limited;
Invesco Australia Limited; Invesco Hong Kong Limited; Invesco Senior Secured
Management, Inc. and Invesco Canada Ltd. (each a "Sub-Adviser" and,
collectively, the "Sub-Advisers").

     WHEREAS, the parties agree to amend the Agreement to (i) change the name of
Invesco California Insured Municipal Income Trust, Invesco Insured California
Municipal Securities, Invesco Insured Municipal Bond Trust, Invesco Insured
Municipal Income Trust, Invesco Insured Municipal Securities and Invesco Insured
Municipal Trust to Invesco California Municipal Income Trust, Invesco California
Municipal Securities, Invesco Value Municipal Bond Trust, Invesco Value
Municipal Income Trust, Invesco Value Municipal Securities and Invesco Value
Municipal Trust, respectively, and to (ii) remove Invesco Prime Income Trust;

     NOW, THEREFORE, the parties agree as follows;

     1. Exhibit I to the Contract is hereby deleted in its entirety and replaced
with the following:

                                   "EXHIBIT I

                                     FUNDS

Invesco California Insured Municipal Income Trust
Invesco California Quality Municipal Securities
Invesco Insured California Municipal Securities
Invesco Insured Municipal Bond Trust
Invesco Insured Municipal Income Trust
Invesco Insured Municipal Securities
Invesco Insured Municipal Trust
Invesco Municipal Income Opportunities Trust
Invesco Municipal Income Opportunities Trust II
Invesco Municipal Income Opportunities Trust III
Invesco Municipal Premium Income Trust
Invesco New York Quality Municipal Securities
Invesco Prime Income Trust
Invesco Quality Municipal Income Trust
Invesco Quality Municipal Investment Trust
Invesco Quality Municipal Securities"



                                   EXHIBIT II

                           ADDRESSES OF SUB-ADVISERS

Invesco Asset Management Deutschland GmbH
An der Welle 5, 1st Floor
Frankfurt, Germany 60322

Invesco Asset Management Limited
30 Finsbury Square
London, United Kingdom
EC2A 1AG
ENGLAND

Invesco Asset Management (Japan) Limited
25th Floor, Shiroyama Trust Tower
3-1, Toranoman 4-chome, Minato-Ku
Tokyo, Japan 105-6025

Invesco Australia Limited
333 Collins Street, Level 26
Melbourne Victoria 3000, Australia


Invesco Hong Kong Limited
32nd Floor
Three Pacific Place
1 Queen's Road East
Hong Kong

Invesco Senior Secured Management, Inc.
1166 Avenue of the Americas, 27th Floor
New York, NY 10036
USA

Invesco Canada Ltd.
5140 Yonge Street
Suite 900
Toronto, ON, M2N 6X7

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     IN WITNESS WHEREOF, the parties hereto have caused this Contract to be
executed by their officers designated as of the day and year first above
written.

                                        INVESCO ADVISERS, INC.

                                        Adviser

                                        BY: /s/ Todd L. Spillane
                                            -----------------------------
                                        NAME: Todd L. Spillane
                                        TITLE: Senior Vice President

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INVESCO ASSET MANAGEMENT                 INVESCO ASSET MANAGEMENT
DEUTSCHLAND GMBH                         LIMITED
-----------------------                  --------------------------
                                      
Sub-Adviser                              Sub-Adviser

By:                                      By:
    -----------------------                  -------------------------------
    Name:                                    Name:
         ------------------                  -------------------------------
    Title:                                   Title:
         ------------------                  -------------------------------

INVESCO ASSET MANAGEMENT (JAPAN) LIMITED INVESCO AUSTRALIA LIMITED

Sub-Adviser                              Sub-Adviser

By:                                      By:
    -----------------------                  -------------------------------
    Name:                                    Name:
         ------------------                  -------------------------------
    Title:                                   Title:
         ------------------                  -------------------------------

INVESCO HONG KONG LIMITED                INVESCO SENIOR SECURED MANAGEMENT, INC.

Sub-Adviser                              Sub-Adviser

By:                                      By:
    -----------------------                  -------------------------------
    Name:                                    Name:
         ------------------                  -------------------------------
    Title:                                   Title:
         ------------------                  -------------------------------

INVESCO CANADA LTD.

Sub-Adviser

By:
    ------------------------------
    Name:
          ------------------------
    Title:
          ------------------------



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