<DOCUMENT>
<TYPE>EX-99.77E LEGAL
<SEQUENCE>3
<FILENAME>h85218ex77e.txt
<DESCRIPTION>EX-99.77E
<TEXT>
                                                                   SUB-ITEM 77E

                       INVESCO VAN KAMPEN MUNICIPAL TRUST

                               LEGAL PROCEEDINGS

SETTLED  REGULATORY  ENFORCEMENT  ACTIONS  AND  INVESTIGATIONS RELATED TO MARKET
TIMING

     On  October  8, 2004, Invesco Advisers, Inc. (Invesco), successor by merger
to  Invesco  Aim Advisors, Inc. and INVESCO Funds Group, Inc. (IFG), both former
investment  advisers,  along  with  Invesco  Aim  Distributors,  n/k/a  Invesco
Distributors, Inc. (Invesco Distributors) reached final settlements with certain
regulators, including the Securities and Exchange Commission (SEC), the New York
Attorney General and the Colorado Attorney General, to resolve civil enforcement
actions  and/or  investigations related to market timing and related activity in
the  AIM  Funds  (n/k/a  the Invesco Funds), including those formerly advised by
IFG.  As  part  of  the  settlements,  a $325 million fair fund ($110 million of
which  is  civil  penalties)  was  created  to compensate shareholders harmed by
market  timing  and  related  activity  in  funds  formerly  advised  by  IFG.
Additionally,  Invesco  and Invesco Distributors created a $50 million fair fund
($30  million  of which is civil penalties) to compensate shareholders harmed by
market  timing  and related activity in funds advised by Invesco, which was done
pursuant  to  the  terms  of  the settlement.  The methodology of the fair funds
distributions  was  determined  by Invesco's independent distribution consultant
(IDC  Plan),  in  consultation  with Invesco and the independent trustees of the
Invesco  Funds,  and  approved  by  the  SEC  on  May  23,  2008.

     The  IDC  Plan  provides for distribution to all eligible investors for the
periods  spanning  January 1, 2000 through July 31, 2003 (for the IFG Fair Fund)
and  January  1,  2001 through September 30, 2003 (for the AIM Fair Fund), their
proportionate share of the applicable Fair Fund to compensate such investors for
injury  they  may  have  suffered  as  a result of market timing in the affected
funds.  The  IDC  Plan includes a provision for any residual amounts in the Fair
Funds  to  be  distributed in the future to the affected funds.  Further details
regarding  the  IDC Plan and distributions thereunder are available on Invesco's
Web  site,  available  at  http://www.invesco.com/us.

     On  August  30,  2005,  the  West  Virginia  Office  of the State Auditor -
Securities  Commission  (WVASC)  issued  a Summary Order to Cease and Desist and
Notice  of  Right  to Hearing to Invesco and Invesco Distributors (collectively,
Invesco)  (Order  No.  05-1318).  The  WVASC  made findings of fact that Invesco
allegedly  entered  into  certain  arrangements  permitting market timing of the
Invesco  Funds and failed to disclose these arrangements in the prospectuses for
such  Funds, and conclusions of law to the effect that Invesco violated the West
Virginia  securities  laws.  The  WVASC  ordered  Invesco  to  cease any further
violations  and  sought  to  impose monetary sanctions, including restitution to
affected  investors,  disgorgement  of  fees,  reimbursement  of  investigatory,
administrative  and  legal  costs  and  an  "administrative  assessment"  to  be
determined  by the Commissioner.  Invesco is not aware of any further efforts by
WVASC  to  pursue  the  prosecution  of  this matter.  Invesco settled all other
regulatory  investigations  related  to market timing, resulting in: 1) affected
shareholders  receiving  restitution;  2)  Invesco paying disgorgement and civil
penalties;  and  3)  Invesco  taking  remedial actions to prevent market timing.
Accordingly,  Invesco  considers  this  matter  resolved.

OTHER  ACTIONS  INVOLVING  INVESCO  VAN  KAMPEN  MUNICIPAL  TRUST

CLIFFORD T. ROTZ, JR., DERIVATIVELY ON BEHALF OF NOMINAL DEFENDANT INVESCO VAN
KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST II, ROBERT FAST, DERIVATIVELY ON BEHALF
OF NOMINAL DEFENDANT INVESCO VAN KAMPEN MUNICIPAL OPPORTUNITY TRUST, GENE
TURBAN, DERIVATIVELY ON BEHALF OF NOMINAL DEFENDANT INVESCO VAN KAMPEN MUNICIPAL
TRUST, LEON MCDERMOTT, DERIVATIVELY ON BEHALF OF NOMINAL DEFENDANT INVESCO VAN
KAMPEN HIGH INCOME TRUST II AND MARILYN MORRISON, HARRY SULESKI AND JOHN
JOHNSON, DERIVATIVELY ON BEHALF OF NOMINAL DEFENDANT INVESCO VAN KAMPEN SENIOR
INCOME TRUST, PLAINTIFF, V. VAN KAMPEN ASSET MANAGEMENT, EDWARD C. WOOD, III,
STUART N. SCHULDT, JOHN L. SULLIVAN, STEFANI V. CHANG YU, KEVIN KLINGERT, JERRY
W. MILLER, RONALD E. ROBISON, AMY R. DOBERMAN, DENNIS SHEA, THOMAS BYRON,

                                       1
<PAGE>

                                                                    SUB-ITEM 77E

ROBERT J. STRYKER, ROBERT W. WIMMEL, WILLIAM BLACK, MARK PARIS, WAYNE D. GODLIN,
CHRISTINA JAMIESON, ANDREW FINDLING, DENNIS M. SCANEY, GERALD FOGARTY, JEFFREY
SCOTT, PHILIP YARROW, STEVEN K. KREIDER, HOWARD TIFFEN AND MORGAN STANLEY,
DEFENDANTS, AND INVESCO VAN KAMPEN ADVTANTAGE MUNICIPAL INCOME TRUST II, INVESCO
VAN KAMPEN MUNICIPAL OPPORTUNITY TRUST, INVESCO VAN KAMPEN MUNICIPAL TRUST,
INVESCO VAN KAMPEN HIGH INCOME TRUST II AND INVESCO VAN KAMPEN SENIOR INCOME
TRUST, NOMINAL DEFENDANTS. On January 17, 2011, a Consolidated Amended
Shareholder Derivative Complaint was filed in the Supreme Court of New York, New
York County, on behalf of Invesco Van Kampen High Income Trust II, Invesco Van
Kampen Advantage Municipal Income Trust II, Invesco Van Kampen Municipal
Opportunity Trust, Invesco Van Kampen Municipal Trust and Invesco Van Kampen
Senior Income Trust (the Trusts) against Van Kampen Asset Management, Morgan
Stanley and certain current and former executive officers of the Trusts
(collectively, the Defendants) alleging that they breached their fiduciary
duties to common shareholders by causing the Trusts to redeem Auction Rate
Preferred Securities (ARPS) at their liquidation value. Specifically, the
shareholders claim that the Board and officers had no obligation to provide
liquidity to the ARPS shareholders, the redemptions were improperly motivated to
benefit the prior adviser by preserving business relationships with the ARPS
holders, i.e., institutional investors, and the market value and fair value of
the ARPS were less than par at the time they were redeemed.  The Complaint
alleges that the redemption of the ARPS occurred at the expense of the Trusts
and their common shareholders. This Complaint amends and consolidates two
separate complaints that were filed by Clifford T. Rotz, Jr., Robert Fast and
Gene Turban on July 22, 2010, and by Harry Suleski, Leon McDermott, Marilyn
Morrison and John Johnson on August 3, 2010. Each of the Trusts initially
received a demand letter from the plaintiffs on April 8, 2010. Plaintiffs seek
judgment that: 1) orders Defendants to refrain from redeeming any ARPS at their
liquidation value using Trust assets; 2) awards monetary damages against all
Defendants, individually, jointly or severally, in favor of the Trusts, for all
losses and damages allegedly suffered as a result of the redemptions of ARPS at
their liquidation value; 3) grants appropriate equitable relief to remedy the
Defendants' breaches of fiduciary duties; and 4) awards to Plaintiffs the costs
and disbursements of the action. The Board formed a Special Litigation Committee
(SLC) to investigate these claims and make a recommendation to the Board
regarding whether maintenance of these claims is in the best interests of the
Trusts. Expert reports on behalf of Plaintiffs and Defendants were generated and
presented to the SLC for review. After reviewing the findings of the SLC's
evaluation of the claims, the Board announced on July 12, 2011, that it had
adopted the SLC's recommendation to seek dismissal of the complaint. The parties
agreed to a third amendment to the Stipulation and Proposed Order for Stay of
Litigation, which rescheduled the date the stay was to be lifted to September
20, 2011. On Sept. 2, 2011, the Plaintiffs determined to proceed with litigation
after reviewing the SLC report. The status hearing has been rescheduled for
October 3, 2011.

At  the  present time, management of Invesco and the Invesco Funds are unable to
estimate  the  impact,  if any, that the outcome of the matters described herein
may  have  on  Invesco,  Invesco  Distributors  or  the  Invesco  Funds.

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