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    ACCESSION NUMBER:		0001683863-20-008966
    CONFORMED SUBMISSION TYPE:	N-CSR
    PUBLIC DOCUMENT COUNT:		28
    CONFORMED PERIOD OF REPORT:	20200229
    FILED AS OF DATE:		20200506
    DATE AS OF CHANGE:		20200506
    EFFECTIVENESS DATE:		20200506

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Invesco Value Municipal Income Trust
    		CENTRAL INDEX KEY:			0000885601
    		IRS NUMBER:				133647663
    		STATE OF INCORPORATION:			MA
    		FISCAL YEAR END:			1031

    	FILING VALUES:
    		FORM TYPE:		N-CSR
    		SEC ACT:		1940 Act
    		SEC FILE NUMBER:	811-06590
    		FILM NUMBER:		20852130

    	BUSINESS ADDRESS:
    		STREET 1:		1555 PEACHTREE STREET N.E.
    		STREET 2:		SUITE 1800
    		CITY:			ATLANTA
    		STATE:			GA
    		ZIP:			30309
    		BUSINESS PHONE:		404-439-3217

    	MAIL ADDRESS:
    		STREET 1:		1555 PEACHTREE STREET N.E.
    		STREET 2:		SUITE 1800
    		CITY:			ATLANTA
    		STATE:			GA
    		ZIP:			30309

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	Invesco Insured Municipal Income Trust
    		DATE OF NAME CHANGE:	20100601

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MORGAN STANLEY INSURED MUNICIPAL INCOME TRUST
    		DATE OF NAME CHANGE:	20090722

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	MORGAN STANLEY  INSURED MUNICIPAL INCOME TRUST
    		DATE OF NAME CHANGE:	20011220
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