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<SEC-DOCUMENT>0001136730-02-000131.txt : 20021227
<SEC-HEADER>0001136730-02-000131.hdr.sgml : 20021227
<ACCEPTANCE-DATETIME>20021227164225
ACCESSION NUMBER:		0001136730-02-000131
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20021031
FILED AS OF DATE:		20021227
EFFECTIVENESS DATE:		20021227

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VAN KAMPEN MUNICIPAL OPPORTUNITY TRUST
		CENTRAL INDEX KEY:			0000884152
		IRS NUMBER:				363810337
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06567
		FILM NUMBER:		02870535

	BUSINESS ADDRESS:	
		STREET 1:		ONE PARKVIEW PLAZA
		STREET 2:		VAN KAMPEN INVESTMENTS INC
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181
		BUSINESS PHONE:		6306846774

	MAIL ADDRESS:	
		STREET 1:		VAN KAMPEN INVESTMENTS INC
		STREET 2:		ONE PARKVIEW PLAZA
		CITY:			OAKBROOK TERRACE
		STATE:			IL
		ZIP:			60181

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN MERRITT MUNICIPAL OPPORTUNITY TRUST
		DATE OF NAME CHANGE:	19920929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST
		DATE OF NAME CHANGE:	19960102
</SEC-HEADER>
<DOCUMENT>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>answer.fil
<TEXT>
<PAGE>      PAGE  1
000 B000000 10/31/2002
000 C000000 0000884152
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 YAN KAMPEN MUNICIPAL OPPORTUNITY TRUST
001 B000000 811-06567
001 C000000 6306846000
002 A000000 1 PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
002 D020000 5555
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
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007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 VAN KAMPEN INVESTMENT ADVISORY CORP.
008 B000001 A
008 C000001 801-18161
008 D010001 OAKBROOK TERRACE
008 D020001 IL
008 D030001 60181
008 D040001 5555
010 A000001 VAN KAMPEN INVESTMENTS INC
010 C010001 OAKBROOK TERRACE
010 C020001 IL
010 C030001 60181
010 C040001 5555
011 A000001 DELETE
012 A000001 STATE STREET BANK & TRUST CO C/O EQUISERVE
012 B000001 85-5003
012 C010001 PROVIDENCE
012 C020001 RI
012 C030001 02940
<PAGE>      PAGE  2
012 C040001 3011
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60601
014 A000001 MORGAN STANLEY DW INC.
014 B000001 8-14172
014 A000002 MORGAN STANLEY & CO. INCORPORATED
014 B000002 8-15869
014 A000003 MORGAN STANLEY DISTRIBUTORS INC
014 B000003 8-45262
014 A000004 ARAB MALAYSIA SECURITIES
014 B000004 8-00000
014 A000005 CHINA INTERNATIONAL CAPITAL CORPORATION
014 B000005 8-00000
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014 B000011 8-00000
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014 B000012 8-00000
014 A000013 MORGAN STANLEY QUILTER
014 B000013 8-00000
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014 B000014 8-00000
014 A000015 MORGAN STANLEY JAPAN LIMITED
014 B000015 8-00000
014 A000016 MORGAN STANLEY NIPPON SECURITIES LTD
014 B000016 8-00000
014 A000017 MORGAN STANLEY DEAN WITTER SV SA
014 B000017 8-00000
014 A000018 MORGAN STANLEY INTERNATIONAL LIMITED
014 B000018 8-00000
014 A000019 MORGAN STANLEY SECURITIES LIMITED
014 B000019 8-00000
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018  000000 Y
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<PAGE>      PAGE  3
019 B000000   91
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020 A000001 ABN AMRO INCORPORATED
020 B000001 13-3227945
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022 A000001 UBS PAINEWEBBER INC
022 B000001 13-2638166
022 C000001     45438
022 D000001     47964
022 A000002 MERRILL LYNCH PIERCE FENNER
022 B000002 13-5674085
022 C000002     41969
022 D000002     41537
022 A000003 SALOMON SMITH BARNEY INC
022 B000003 13-1912900
022 C000003     51110
022 D000003     11987
022 A000004 LEHMAN BROTHERS INC
022 B000004 13-2518466
022 C000004     35973
022 D000004     27121
022 A000005 CIBC WORLD MARKETS CORP
022 B000005 13-1942440
022 C000005      4166
022 D000005     33400
022 A000006 BEAR STEARNS
022 B000006 13-3299429
022 C000006     22588
022 D000006     14232
022 A000007 GOLDMAN SACHS & CO.
022 B000007 13-5108880
022 C000007     16743
022 D000007      8593
022 A000008 CHASE SECURITIES INC.
022 B000008 13-2633612
022 C000008     22225
022 D000008         0
022 A000009 US BANCORP PIPER JAFFRAY INC
022 B000009 41-0953246
022 C000009      5372
022 D000009     15885
<PAGE>      PAGE  4
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022 B000010 14-1391446
022 C000010      4168
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   MICHAEL COYNE
TITLE       ASSISTANT TREASURER


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>3
<FILENAME>ex77b.txt
<TEXT>


REPORT OF INDEPENDENT AUDITORS

To the Board of Trustees and Shareholders of
Van Kampen Municipal Opportunity Trust

In planning and performing our audit of the financial statements of Van
Kampen Municipal Opportunity Trust (the "Trust") for the year ended
October 31, 2002 (on which we have issued our report dated December 6,
2002), we considered its internal control, including control activities
for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, and not
to provide assurance on the Fund's internal control.

The management of the Fund is responsible for establishing and
maintaining internal control.  In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of controls.  Generally, controls
that are relevant to an audit pertain to the entity's objective of
preparing financial statements for external purposes that are fairly
presented in conformity with accounting principles generally accepted
in the United States of America.  Those controls include the
safeguarding of assets against unauthorized acquisition, use, or
disposition.

Because of inherent limitations in any internal control, misstatements
due to error or fraud may occur and not be detected.  Also, projections
of any evaluation of internal control to future periods are subject to
the risk that the internal control may become inadequate because of
changes in conditions or that the degree of compliance with policies or
procedures may deteriorate.

Our consideration of the Fund's internal control would not necessarily
disclose all matters in the internal control that might be material
weaknesses under standards established by the American Institute of
Certified Public Accountants.  A material weakness is a condition in
which the design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions.  However, we
noted no matters involving the Fund's internal control and its
operation, including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of October 31,
2002.

This report is intended solely for the information and use of the
Fund's management, the Trustees and Shareholders of Van Kampen
Municipal Opportunity Trust, and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other than
these specified parties.


DELOITTE & TOUCHE LLP
Chicago, Illinois
December 6, 2002


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>4
<FILENAME>ex77o.txt
<TEXT>
                  Van Kampen Municipal Opportunity Trust
                       Item 77(o) 10F-3 Transactions
                     April 1, 2002 - October 31, 2002



  Security    Purcha  Offeri     Total     Amount     % of   % of   Brokers
 Purchased     se/      ng     Amount of     of     Offerin  Funds
              Trade    Price   Offering    Shares      g     Total
               Date     of                 Purchas  Purchas  Asset
                      Shares                 ed        ed      s
                                           By Fund  By Fund
              10/24/  101.56  756,095,000  3,000,0   0.397%  0.7%
                02                           00                       Lehman
 Triborough                                                         Brothers,
 Bridges &                                                             Bear
   Tunnel                                                            Stearns,
 Authority                                                            First
                                                                    Albany, JP
                                                                     Morgan,
                                                                     Merrill
                                                                      Lynch,
                                                                      Morgan
                                                                     Stanley,
                                                                     Salomon
                                                                      Smith
                                                                     Barney,
                                                                      Paine
                                                                     Webber,
                                                                     ABN AMRO
                                                                    financial,
                                                                      Advest
                                                                    Inc, CIBC
                                                                      World
                                                                    Mordests,
                                                                     Commerce
                                                                     Capital,
                                                                    Fahnestock
                                                                       &Co,
                                                                     Jackson
                                                                       Sec,
                                                                    Qucik&Reil
                                                                       ly,
                                                                    Ramirez&Co
                                                                    , Raymond
                                                                    James, RBC
                                                                       Dain
                                                                    Rauscher,
                                                                    Roosevelt&
                                                                      Cross
                                                                     Siebert
                                                                    Brandford
                                                                      Shank,
                                                                     Wachovia
                                                                       Bank


                                                                     Salomon
 Triborough                                                           Smith
 Bridges &                                                           Barney,
   Tunnel                                                              Bear
 Authority    09/19/  Variou  2,176,360,0  4,000,0   0.184%  1.00%   Stearns,
                02       s        00         00                       Paine
                                                                     Webber,
                                                                      First
                                                                    Albany, JP
                                                                     Morgan,
                                                                      Lehman
                                                                    Brothers,
                                                                      Morgan
                                                                     Stanley,
                                                                     Merrill
                                                                    Lynch, ABN
                                                                      AMRO,
                                                                      Advest
                                                                    Inc, CIBC
                                                                      World,
                                                                     Markets,
                                                                     Commerce
                                                                     Capital,
                                                                    Fahnestock
                                                                      & Co,
                                                                     Jackson
                                                                       Sec,
                                                                    Quick&Reil
                                                                       ly,
                                                                     Raymond
                                                                    James, RBC
                                                                       Dain
                                                                    Rauscher,
                                                                    Roosevelt
                                                                     & Cross,
                                                                     Siebert
                                                                    Brandford
                                                                     Shank &
                                                                       Co,
                                                                     Wachovia
                                                                       Bank



 Municipal                                                          Bear
  Electric                                                          Stearns,
 Authority    08/22/  Variou  258,465,000  6,245,0   2.416%  1.5%   JP Morgan,
 of Georgia     02       s                   00                     Goldman
                                                                    Sachs,
                                                                    Lehman
                                                                    Brothers,
                                                                    Morgan
                                                                    Stanley,
                                                                    Salomon
                                                                    Smith
                                                                    Barney,
                                                                    Paine
                                                                    Webber,
                                                                    Wachovia
                                                                    Bank


                                                                      Lehman
Metropolita                                                         Brothers,
     n                                                                 Bear
Transportat   06/05/  Variou  1,725,100,0  5,000,0   0.29%   0.1%    Stearns,
    ion         02       s        00         00                       First
 Authority                                                          Albany, JP
                                                                     Morgan,
                                                                     Merrill
                                                                      Lynch,
                                                                      Morgan
                                                                     Stanley,
                                                                     Salomon
                                                                      Smith
                                                                     Barney,
                                                                      Paine
                                                                     Webber,
                                                                     ABN AMRO
                                                                    financial,
                                                                      Advest
                                                                    Inc, CIBC
                                                                      World
                                                                    Mordests,
                                                                     Commerce
                                                                     Capital,
                                                                    Fahnestock
                                                                       &Co,
                                                                     Jackson
                                                                       Sec,
                                                                    Qucik&Reil
                                                                       ly,
                                                                    Ramirez&Co
                                                                    , Raymond
                                                                    James, RBC
                                                                       Dain
                                                                    Rauscher,
                                                                    Roosevelt&
                                                                      Cross
                                                                     Siebert
                                                                    Brandford
                                                                      Shank,
                                                                     Wachovia
                                                                       Bank


                                                                     Salomon
 Miami Dade                                                           Smith
  Florida     05/17/  Variou  299,000,000  500,000   0.167%  0.1%    Barney,
  Aviation      02       s                                          Guzman&Co,
                                                                     Merrill
                                                                      Lynch,
                                                                      Morgan
                                                                     Stanley,
                                                                     Siebert
                                                                    Brandford
                                                                    Shank&Co,
                                                                     Estrada
                                                                    Hinojosa&C
                                                                    o, Lehman
                                                                    Brothers,
                                                                       Loop
                                                                     Capital,
                                                                        MR
                                                                     Beal&Co,
                                                                    Ramirez&Co
                                                                    , Chapman
                                                                    Co, Paine
                                                                      Webber








</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q3 CERT
<SEQUENCE>5
<FILENAME>ex77q3.txt
<TEXT>


(a)(i) The Principal Executive Officer and Principal Financial Officer of Van
Kampen Municipal Opportunity Trust (the "Trust") have evaluated the
disclosure controls and procedures (as defined in Rule 30a-2(c)) of the Trust
within 90 days of the filing date of this Form N-SAR (the "Effective Date")
and they believe that the disclosure controls and procedures are effective.

(a)(ii)  There have been no significant changes in Van Kampen Equity Trust II's
internal controls or in other factors that could significantly affect these
controls subsequent to the date of their evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

(a)(iii) CERTIFICATIONS

I, John L. Sullivan, certify that:

1.	I have reviewed this report on Form N-SAR of the Trust;

2.	Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;

3.	Based on my knowledge, the financial information included in this report,
and the financial statements on which the financial information is based,
fairly present in all material respects the financial condition, results
of operations, changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;

4.	The registrants' other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in the 30a-2(c) under the Investment Company Act) for the
registrant and have:

a)	designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared;

b)	evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
report (the "Evaluation Date"); and

c)	presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5.	The registrants' other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing he
equivalent functions):

a)	all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize, and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

b)	 any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal
controls; and

6. The registrant's other certifying officers and I have indicated in this
report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.

Date:  12/19/02


                                      /S/ John L. Sullivan
  					  Principal Financial Officer


(a)(iii) CERTIFICATIONS

I, Mitchell M. Merin, certify that:

1.	I have reviewed this report on Form N-SAR of the Trust;

2.	Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;

3.	Based on my knowledge, the financial information included in this report,
and the financial statements on which the financial information is based,
fairly present in all material respects the financial condition, results
of operations, changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;

4.	The registrants' other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in the 30a-2(c) under the Investment Company Act) for the
registrant and have:

d)	designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared;

e)	evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
report (the "Evaluation Date"); and

f)	presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5.	The registrants' other certifying officers and I have disclosed, based
on our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing he
equivalent functions):

c)	all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize, and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and

d)	 any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal
controls; and

6. The registrant's other certifying officers and I have indicated in this
report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.

Date:  12/19/02


                                      /S/ Mitchell M. Merin
  					  Principle Executive Officer

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