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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950137-04-007231.txt : 20040827
<SEC-HEADER>0000950137-04-007231.hdr.sgml : 20040827
<ACCEPTANCE-DATETIME>20040827074245
ACCESSION NUMBER:		0000950137-04-007231
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040630
FILED AS OF DATE:		20040827
DATE AS OF CHANGE:		20040827
EFFECTIVENESS DATE:		20040827

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:		N-PX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06567
		FILM NUMBER:		041000354

	BUSINESS ADDRESS:	
		STREET 1:		VAN KAMPEN INVESTMENTS INC.
		STREET 2:		1221 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020
		BUSINESS PHONE:		2127625441

	MAIL ADDRESS:	
		STREET 1:		VAN KAMPEN INVESTMENTS INC.
		STREET 2:		1221 AVENUE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10020

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST
		DATE OF NAME CHANGE:	19960102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN MERRITT MUNICIPAL OPPORTUNITY TRUST
		DATE OF NAME CHANGE:	19920929
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>c87842nvpx.txt
<DESCRIPTION>FORM N-PX
<TEXT>
<PAGE>
                                                        ------------------------
                                  UNITED STATES                 OMB APPROVAL
                             SECURITIES AND EXCHANGE    ------------------------
                                   COMMISSION           OMB Number:    3235-0582
                             WASHINGTON, D.C. 20549     Expires:  March 31, 2006
                                                        Estimated average burden
                                                        hours per response..14.4
                                                        ------------------------

                                    FORM N-PX

               ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED
                          MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number        811-6567
                                   ---------------------------------------------

                     Van Kampen Municipal Opportunity Trust
- --------------------------------------------------------------------------------
               (Exact name of registrant as specified in charter)

1221 Avenue of the Americas, New York, New York                  10020
- --------------------------------------------------------------------------------
    (Address of principal executive offices)                   (Zip code)

                                 Barry Fink Esq.

                     Morgan Stanley Investment Advisors Inc.

                           1221 Avenue of the Americas

                            New York, New York 10020
- --------------------------------------------------------------------------------
                     (Name and address of agent for service)

Registrant's telephone number, including area code: 800-869-6397
                                                    ----------------------------

Date of fiscal year end:    10/31
                         -----------------------

Date of reporting period:     6/30/04
                          ----------------------

ITEM 1. PROXY VOTING RECORD.

         Disclose the following information for each matter relating to a
portfolio security considered at any shareholder meeting held during the period
covered by the report and with respect to which the registrant was entitled to
vote:

         (a)      The name of the issuer of the portfolio security;
                  --------------------------------------------------------------

         (b)      The exchange ticker symbol of the portfolio security;

         (c)      The Council on Uniform Securities Identification Procedures
                  ("CUSIP") number for the portfolio security;
                  --------------------------------------------------------------

         (d)      The shareholder meeting date;

         (e)      A brief identification of the matter voted on;
                  --------------------------------------------------------------

         (f)      Whether the matter was proposed by the issuer or by a security
                  holder;

         (g)      Whether the registrant cast its vote on the matter;
                  --------------------------------------------------------------

         (h)      How the registrant cast its vote (e.g., for or against
                  proposal, or abstain; for or withhold regarding election of
                  directors); and

         (i)      Whether the registrant cast its vote for or against
                  management.
                  --------------------------------------------------------------


<PAGE>

ITEM 1. PROXY VOTING RECORD

The Registrant held no securities during the period July 1, 2003 through June
30, 2004 which required proxy votes and therefore there are no voting records to
report.





<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

(Registrant)     Van Kampen Municipal Opportunity Trust
             -------------------------------------------------------------------

By (Signature and Title)*
                                        /s/ Ronald E. Robison

                                     Principal Executive Officer
                           -----------------------------------------------------

Date      August 27, 2004
     ---------------------------------------------------------------------------

*Print the name and title of each signing officer under his or her signature.



                                       2
- --------------------------------------------------------------------------------

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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