<DOCUMENT>
<TYPE>EX-99.77M MERGERS
<SEQUENCE>5
<FILENAME>dex9977m.txt
<DESCRIPTION>EX-99.77M
<TEXT>
<PAGE>

                                                                   SUB-ITEM 77M

                                    MERGERS

INVESCO QUALITY MUNICIPAL INVESTMENT TRUST TO INVESCO QUALITY MUNICIPAL INCOME
TRUST

   On July 2, 2012, the Board of Trustees of Invesco Quality Municipal
Investment Trust (the "Target Fund") approved an Agreement and Plan of Merger
(the "Agreement"). On August 14, 2012, at a Joint Annual Meeting for
shareholders of common shares of beneficial interest of Invesco Quality
Municipal Investment Trust, shareholders approved the Agreement that provided
for the merger of the Target Fund with and into Invesco Quality Municipal
Income Trust (the "Acquiring Fund") (the "Merger") pursuant to the Delaware
Statutory Trust Act. Pursuant to the Agreement, on August 27, 2012, the
Acquiring Fund issued new Common Shares. Common Shares of the Target Fund were
exchanged for newly issued Acquiring Fund Common Shares of equal aggregate net
asset value. The Acquiring Fund assumed all of the liabilities of the Target
Fund. Common Shares of the Acquiring Fund owned after the merger will have an
aggregate net asset value equal to the net asset value of the Target Fund
Common Shares held immediately before the Merger. Shareholders of the Target
Fund and Acquiring Fund will recognize no gain or loss for federal income tax
purposes upon the exchange of all shares of the Target Fund for shares in the
Acquiring Fund.

INVESCO QUALITY MUNICIPAL SECURITIES TO INVESCO QUALITY MUNICIPAL INCOME TRUST

   On July 2, 2012, the Board of Trustees of Invesco Quality Municipal
Securities (the "Target Fund") approved an Agreement and Plan of Merger (the
"Agreement"). On August 14, 2012, at a Joint Annual Meeting for shareholders of
common shares of beneficial interest of Invesco Quality Municipal Securities,
shareholders approved the Agreement that provided for the merger of the Target
Fund with and into Invesco Quality Municipal Income Trust (the "Acquiring
Fund") (the "Merger") pursuant to the Delaware Statutory Trust Act. Pursuant to
the Agreement, on August 27, 2012, the Acquiring Fund issued new Common Shares.
Common Shares of the Target Fund were exchanged for newly issued Acquiring Fund
Common Shares of equal aggregate net asset value. The Acquiring Fund assumed
all of the liabilities of the Target Fund. Common Shares of the Acquiring Fund
owned after the merger will have an aggregate net asset value equal to the net
asset value of the Target Fund Common Shares held immediately before the
Merger. Shareholders of the Target Fund and Acquiring Fund will recognize no
gain or loss for federal income tax purposes upon the exchange of all shares of
the Target Fund for shares in the Acquiring Fund.

FOR A MORE DETAILED DISCUSSION ON THE MERGER, PLEASE SEE THE AGREEMENT AND PLAN
OF MERGER FILED HEREIN UNDER ITEM 77Q1(g).
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