AMENDMENT NO. 1 TO MASTER ADMINISTRATIVE SERVICES AGREEMENT
AMENDMENT NO. 1
TO
MASTER ADMINISTRATIVE SERVICES AGREEMENT
This Amendment dated as of January 1, 2019, amends the MASTER ADMINISTRATIVE SERVICES AGREEMENT (the “Agreement”) is made this 26th day of June, 2014 by and between INVESCO ADVISERS, INC., a Delaware corporation (the “Administrator”) and INVESCO MANAGEMENT TRUST, a Delaware statutory trust (the “Trust”) with respect to the separate series set forth in Appendix A to this Agreement, as the same may be amended from time to time (the “Portfolios”).
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to change to the fee structure under the Agreement;
NOW, THEREFORE, the parties agree that;
1. | Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following: |
“APPENDIX A
FEE SCHEDULE TO
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
Portfolios |
Effective Date of Agreement | |
Invesco Conservative Income Fund |
June 26, 2014 |
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.” |
2. | All other terms and provisions of the Agreement not amended herein shall remain 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.
INVESCO ADVISERS, INC. | ||||||||
Attest: | /s/ Xxxxx X. Xxxxxxxx | By: | /s/ Xxxxxxx X. Xxxxx | |||||
Assistant Secretary | Xxxxxxx X. Xxxxx | |||||||
Senior Vice President | ||||||||
(SEAL) | ||||||||
INVESCO MANAGEMENT TRUST | ||||||||
Attest: | /s/ Xxxxx X. Xxxxxxxx | By: | /s/ Xxxxxxx X. Xxxxx | |||||
Assistant Secretary | Xxxxxxx X. Xxxxx | |||||||
Senior Vice President | ||||||||
(SEAL) |
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