AMENDMENT NO. 7

TO

AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

 

This Amendment, dated as of December 1, 2023, amends the Amended and Restated Master Investment Advisory Agreement (the "Agreement"), dated July 1, 2020, between AIM Counselor Series Trust (Invesco Counselor Series Trust), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation, as follows:

 

W I T N E S S E T H:

 

WHEREAS, the parties desire to amend the Agreement to remove Invesco Master Loan Fund from Appendix A and Appendix B, effective December 1, 2023.

 

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 American Franchise Fund February 12, 2010
   
Invesco Income Advantage U.S. Fund March 31, 2006
   
Invesco Capital Appreciation Fund May 24, 2019
   
Invesco Core Plus Bond Fund June 2, 2009
   
Invesco Discovery Fund May 24, 2019
   
Invesco Equally-Weighted S&P 500 Fund February 12, 2010
   
Invesco Equity and Income Fund February 12, 2010
   
Invesco Floating Rate ESG Fund April 14, 2006
   
Invesco Global Real Estate Income Fund March 12, 2007
   
Invesco Growth and Income Fund February 12, 2010
   
Invesco NASDAQ 100 Index Fund October 9, 2020
   
Invesco Senior Floating Rate Fund May 24, 2019
   
Invesco Short Term Municipal Fund May 24, 2019
   
Invesco S&P 500 Index Fund February 12, 2010
   
Invesco Short Duration High Yield Municipal Fund September 30, 2015
   
Invesco SMA Municipal Bond Fund February 21, 2023

 

 

 

APPENDIX B

COMPENSATION TO THE ADVISER

 

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

 

Invesco American Franchise Fund

 

Net Assets  Annual Rate 
First $250 million   0.695%
Next $250 million   0.67%
Next $500 million   0.645%
Next $550 million   0.62%
Next $3.45 billion   0.60%
Next $250 million   0.595%
Next $2.25 billion   0.57%
Next $2.5 billion   0.545%
Over $10 billion   0.52%

 

Invesco Capital Appreciation Fund*

 

Net Assets  Annual Rate 
First $200 million   0.75%
Next $200 million   0.72%
Next $200 million   0.69%
Next $200 million   0.66%
Next $700 million     0.60%
Next $1 billion   0.58%
Next $2 billion   0.56%
Next $2 billion   0.54%
Next $2 billion   0.52%
Next $2.5 billion   0.50%
Over $11 billion   0.48%

 

Invesco Core Plus Bond Fund

 

Net Assets  Annual Rate 
First $500 million   0.450%
Next $500 million   0.425%
Next $1.5 billion   0.400%
Next $2.5 billion   0.375%
Over $5 billion   0.350%

 

 

 

Invesco Discovery Fund*

 

Net Assets  Annual Rate 
First $200 million   0.75%
Next $200 million   0.72%
Next $200 million   0.69%
Next $200 million   0.66%
Next $700 million   0.60%
Next $3.5 billion   0.58%
Over $5 billion   0.55%

 

Invesco Equally-Weighted S&P 500 Fund

Invesco S&P 500 Index Fund

 

Net Assets  Annual Rate 
First $2 billion   0.12%
Over $2 billion   0.10%

 

Invesco Equity and Income Fund

Invesco Growth and Income Fund

 

Net Assets  Annual Rate 
First $150 million   0.50%
Next $100 million   0.45%
Next $100 million   0.40%
Over $350 million   0.35%

 

Invesco Floating Rate ESG Fund

 

Net Assets  Annual Rate 
First $500 million   0.65%
Next $4.5 billion   0.60%
Next $5 billion   0.575%
Over $10 billion   0.55%

 

Invesco Global Real Estate Income 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%
Amount over $10 billion   0.68%

 

 

 

Invesco Income Advantage U.S. Fund

 

Net Assets  Annual Rate 
First $250 million   0.60%
Next $250 million   0.575%
Next $500 million   0.55%
Next $1.5 billion   0.525%
Next $2.5 billion   0.50%
Next $2.5 billion   0.475%
Next $2.5 billion   0.45%
Over $10 billion   0.425%

 

Invesco NASDAQ 100 Index Fund

 

Net Assets  Annual Rate 
First $2 billion   0.15%
Over $2 billion   0.14%

 

Invesco Senior Floating Rate Fund*

 

Net Assets  Annual Rate 
First $200 million   0.75%
Next $200 million     0.72%
Next $200 million   0.69%
Next $200 million   0.66%
Next $4.2 billion   0.60%
Next $5 billion   0.58%
Next $10 billion   0.56%
Over $20 billion   0.55%

 

Invesco Short Term Municipal Fund*

 

Net Assets  Annual Rate 
First $100 million   0.50%
Next $150 million   0.45%
Next $250 million   0.425%
Next $500 million   0.40%
Next $4 billion   0.37%
Over $5 billion   0.35%

 

Invesco Short Duration High Yield Municipal Fund

 

Net Assets  Annual Rate 
First $100 million   0.4825%
Next $150 million   0.4325%
Next $250 million   0.4075%
Next $4.5 billion     0.3825%
Next $5 billion   0.3725%
Over $10 billion   0.3525%

 

 

 

Invesco SMA Municipal Bond Fund

 

Net Assets  Annual Rate 
All Assets   0.00%

 

* 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.”

 

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

 

 

 

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

 

    AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)

 

  By: /s/ Melanie Ringold
    Melanie Ringold
    Chief Legal Officer, Senior Vice President & Secretary

 

    INVESCO ADVISERS, INC.

 

  By: /s/ John M. Zerr
    John M. Zerr
    Senior Vice President