Invesco | Invesco Proxy Voting Guidelines

The Invesco Funds Boards of Trustees and Invesco's investment professionals expect a high standard of corporate governance from the companies in our portfolios so that Invesco may fulfill its fiduciary obligation to our fund shareholders. Well governed companies are characterized by a primary focus on the interests of shareholders, accountable boards of directors, ample transparency in financial disclosure, performance-driven cultures and appropriate consideration of all stakeholders. Invesco believes well governed companies create greater shareholder wealth over the long term than poorly governed companies, so we endeavor to vote in a manner that increases the value of our investments and fosters good governance within our portfolio companies.

In determining how to vote proxy issues, Invesco considers the probable business consequences of each issue and votes in a manner designed to protect and enhance fund shareholders' interests. Our voting decisions are intended to enhance each company's total shareholder value over the funds' typical investment horizon.

View Invesco's proxy voting principles and procedures in more detail. (PDF)

Invesco funds not managed by Invesco Advisors, Inc., are governed by the proxy voting policies of their respective sub—advisors. Click on the links below to see the proxy policies for each of these funds.

Invesco Asset Management Deutschland GmbH (PDF)
Invesco Global Equity Fund
Invesco Van Kampen Global Tactical Asset Allocation Fund

Invesco Asset Management Limited (PDF)
Invesco International Total Return Fund

Invesco Hong Kong Limited (PDF)
Invesco China Fund

Invesco Institutional division of Invesco Advisers, Inc. (PDF)
   Invesco Global Core Equity Fund
   Invesco Global Equity Fund
   Invesco Global Real Estate Fund
   Invesco Global Real Estate Income Fund¹
   Invesco High Income Municipal Fund
   Invesco High Yield Fund
   Invesco International Core Equity Fund
   Invesco Limited Maturity Treasury Fund
   Invesco Money Market Fund
   Invesco Municipal Bond Fund
   Invesco Real Estate Fund
   Invesco Short Term Bond Fund
   Invesco Structured Core Fund
   Invesco Tax-Exempt Cash Fund
   Invesco Tax-Free Intermediate Fund
   Invesco U.S. Government Fund
   Invesco V.I. Diversified Income Fund
   Invesco V.I. Global Real Estate Fund
   Invesco V.I. Government Securities Fund
   Invesco V.I. High Yield Securities Fund
   Invesco V.I. Money Market Fund
   Government & Agency Portfolio
   Government TaxAdvantage Portfolio
   Liquid Assets Portfolio
   Premier Portfolio
   Premier Tax-Exempt Portfolio
   STIC Prime Portfolio
   Tax-Free Cash Reserve Portfolio
   Treasury Portfolio