<SEC-DOCUMENT>0001193125-16-568465.txt : 20160429
<SEC-HEADER>0001193125-16-568465.hdr.sgml : 20160429
<ACCEPTANCE-DATETIME>20160429143201
ACCESSION NUMBER:		0001193125-16-568465
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160229
FILED AS OF DATE:		20160429
DATE AS OF CHANGE:		20160429
EFFECTIVENESS DATE:		20160429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Invesco Municipal Trust
		CENTRAL INDEX KEY:			0000877463
		IRS NUMBER:				363779776
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06362
		FILM NUMBER:		161605466

	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 Van Kampen Municipal Trust
		DATE OF NAME CHANGE:	20100601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN MUNICIPAL TRUST
		DATE OF NAME CHANGE:	19981006

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST
		DATE OF NAME CHANGE:	19960102
</SEC-HEADER>
<DOCUMENT>
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<DESCRIPTION>NSAR-B - VKQ
<TEXT>
      PAGE  1
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008 A000002 Invesco Asset Management Deutschland GmbH
008 B000002 S
008 C000002 801-67712
008 D010002 Frankfurt
008 D050002 Germany
008 D060002 60313
008 A000003 Invesco Asset Management Limited
008 B000003 S
008 C000003 801-50197
008 D010003 London
008 D050003 United Kingdom
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008 C000004 801-52601
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      PAGE  2
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008 A000006 Invesco Senior Secured Management, Inc.
008 B000006 S
008 C000006 801-38119
008 D010006 NEW YORK
008 D020006 NY
008 D030006 10036
008 D040006 2727
008 A000007 Invesco Canada Ltd.
008 B000007 S
008 C000007 801-62166
008 D010007 TORONTO
008 D050007 CANADA
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013 B020001 TX
013 B030001 77002
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015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02111
015 E010001 X
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019 C000000 INVESCOFDS
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022 A000001 CITIGROUP GLOBAL MARKETS INC.
022 B000001 11-2418191
022 C000001     52605
022 D000001     31537
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
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022 A000003 BANC OF AMERICA SECURITIES LLC
022 B000003 56-2058405
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      PAGE  3
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022 B000004 36-3194849
022 C000004     10234
022 D000004     26464
022 A000005 J.P. MORGAN SECURITIES LLC
022 B000005 13-4110995
022 C000005     14265
022 D000005     13097
022 A000006 BARCLAYS CAPITAL INC.
022 B000006 06-1031656
022 C000006     14910
022 D000006      5078
022 A000007 GOLDMAN, SACHS & CO.
022 B000007 13-5108880
022 C000007      9693
022 D000007      6839
022 A000008 BNY Mellon Capital Markets, LLC
022 B000008 23-2384977
022 C000008      3000
022 D000008      3000
022 A000009 JEFFERIES & COMPANY, INC.
022 B000009 95-2622900
022 C000009      2740
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022 B000010 41-0953246
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SIGNATURE   KELLI GALLEGOS
TITLE       VICE PRESIDNET & ASSISTANT TREASURER

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B
<SEQUENCE>2
<FILENAME>d132090dex9977b.txt
<DESCRIPTION>EX-99.77B
<TEXT>
<PAGE>

            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Trustees and Shareholders of Invesco Municipal Trust:

In planning and performing our audits of the financial statements of Invesco
Municipal Trust (hereafter referred to as the "Trust") as of and for the year
ended February 29, 2016, in accordance with the standards of the Public Company
Accounting Oversight Board (United States), we considered the Trust's internal
control over financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, but not for the purpose of expressing an opinion on
the effectiveness of the Trust's internal control over financial reporting.
Accordingly, we do not express an opinion on the effectiveness of the Trust's
internal control over financial reporting.

The management of the Trust is responsible for establishing and maintaining
effective internal control over financial reporting. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of controls. A trust's internal control
over financial reporting is a process designed to provide reasonable assurance
regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted
accounting principles. A trust's internal control over financial reporting
includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the trust; (2) provide reasonable
assurance that transactions are recorded as necessary to permit preparation of
financial statements in accordance with generally accepted accounting
principles, and that receipts and expenditures of the trust are being made only
in accordance with authorizations of management and trustees of the trust; and
(3) provide reasonable assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of a trust's assets that could have
a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting
may not prevent or detect misstatements. Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance
with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design
or operation of a control does not allow management or employees, in the normal
course of performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement of the
Trust's annual or interim financial statements will not be prevented or detected
on a timely basis.

Our consideration of the Trust's internal control over financial reporting was
for the limited purpose described in the first paragraph and would not
necessarily disclose all deficiencies in internal control over financial
reporting that might be material weaknesses under standards established by the
Public Company Accounting Oversight Board (United States). However, we noted no
deficiencies in the Trust's internal control over financial reporting and its
operation, including controls over safeguarding securities that we consider to
be material weaknesses as defined above as of February 29, 2016.

This report is intended solely for the information and use of management and the
Board of Trustees of the 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.



/s/PricewaterhouseCoopers LLP
Houston, TX
April 29, 2016
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1E
<SEQUENCE>3
<FILENAME>d132090dex9977q1e.txt
<DESCRIPTION>EX-99.77Q1E
<TEXT>
<PAGE>

                                                               Sub-Item 77Q1(e)

                            MEMORANDUM OF AGREEMENT
                            (ADVISORY FEE WAIVERS)

   This Memorandum of Agreement is entered into as of the effective date on the
attached Exhibit A and B (each an "Exhibit" or, collectively the "Exhibits"),
between AIM Counselor Series Trust (Invesco Counselor Series Trust), AIM Equity
Funds (Invesco Equity Funds), AIM Funds Group (Invesco Funds Group), AIM Growth
Series (Invesco Growth Series), AIM International Mutual Funds (Invesco
International Mutual Funds), AIM Investment Funds (Invesco Investment Funds),
AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM
Sector Funds (Invesco Sector Funds), AIM Tax-Exempt Funds (Invesco Tax-Exempt
Funds), AIM Treasurer's Series Trust (Invesco Treasurer's Series Trust), AIM
Variable Insurance Funds (Invesco Variable Insurance Funds), Invesco Advantage
Municipal Income Trust II, Invesco Bond Fund, Invesco California Value
Municipal Income Trust, Invesco Dynamic Credit Opportunities Fund, Invesco
Exchange Fund, Invesco High Income Trust II, Invesco Management Trust, Invesco
Municipal Income Opportunities Trust, Invesco Municipal Opportunity Trust,
Invesco Municipal Trust, Invesco Pennsylvania Value Municipal Income Trust,
Invesco Quality Municipal Income Trust, Invesco Securities Trust, Invesco
Senior Income Trust, Invesco Trust for Investment Grade Municipals, Invesco
Trust for Investment Grade New York Municipals and Invesco Value Municipal
Income Trust (each a "Trust" or, collectively, the "Trusts"), on behalf of the
funds listed on the Exhibits to this Memorandum of Agreement (the "Funds"), and
Invesco Advisers, Inc. ("Invesco"). Invesco shall and hereby agrees to waive
fees of the Funds, on behalf of their respective classes as applicable,
severally and not jointly, as indicated in the Exhibits.

   For and in consideration of the mutual terms and agreements set forth herein
and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, Invesco agrees that until at least the expiration date
set forth on Exhibit A (the "Expiration Date") and with respect to those Funds
listed on the Exhibit, Invesco will waive its advisory fees at the rate set
forth on the Exhibit.

   For and in consideration of the mutual terms and agreements set forth herein
and other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the Trusts and Invesco agree as follows:

   1.  Invesco agrees that until the expiration date, if any, of the commitment
       set forth on the attached Exhibit B occurs, as such Exhibit B is amended
       from time to time, Invesco will waive advisory fees payable by an
       Investing Fund (defined below) in an amount equal to 100% of the net
       advisory fee Invesco receives on the Uninvested Cash (defined below)
       from the Affiliated Money Market Fund (defined below) in which the
       Investing Fund invests (the "Waiver").

       i.   Invesco's Fund Accounting Group will calculate, and apply, the
            Waiver monthly, based upon the average investment of Uninvested
            Cash made by the Investing Fund during the previous month in an
            Affiliated Money Market Fund.

       ii.  The Waiver will not apply to those Investing Funds that do not
            charge an advisory fee, either due to the terms of their advisory
            agreement, or as a result of contractual or voluntary fee waivers.

       iii. The Waiver will not apply to cash collateral for securities lending.

       For purposes of the paragraph above, the following terms shall have the
       following meanings:

       (a)  "Affiliated Money Market Fund" - any existing or future Trust that
            holds itself out as a money market fund and complies with Rule 2a-7
            under the Investment Company Act of 1940, as amended;

       (b)  "Investing Fund" - any Fund investing Cash Balances and/or Cash
            Collateral in an Affiliated Money Market Fund; and

<PAGE>

       (c)  "Uninvested Cash" - cash available and uninvested by a Trust that
       may result from a variety of sources, including dividends or interest
       received on portfolio securities, unsettled securities transactions,
       strategic reserves, matured investments, proceeds from liquidation of
       investment securities, dividend payments, or new investor capital.

   2.  Neither a Trust nor Invesco may remove or amend the Waiver to a Trust's
       detriment prior to the Expiration Date without requesting and receiving
       the approval of the Board of Trustee of the applicable Fund's Trust to
       remove or amend such Waiver. Invesco will not have any right to
       reimbursement of any amount so waived.

   Subject to the foregoing paragraphs, Invesco agrees to review the
then-current waivers for each class of the Funds listed on the Exhibits on a
date prior to the Expiration Date to determine whether such waivers should be
amended, continued or terminated. The waivers will expire upon the Expiration
Date unless Invesco has agreed to continue them. The Exhibits will be amended
to reflect any such agreement.

   It is expressly agreed that the obligations of the Trusts hereunder shall
not be binding upon any of the Trustees, shareholders, nominees, officers,
agents or employees of the Trusts personally, but shall only bind the assets
and property of the Funds, as provided in each Trust's Agreement and
Declaration of Trust. The execution and delivery of this Memorandum of
Agreement have been authorized by the Trustees of each Trust, and this
Memorandum of Agreement has been executed and delivered by an authorized
officer of each Trust acting as such; neither such authorization by such
Trustees nor such execution and delivery by such officer shall be deemed to
have been made by any of them individually or to impose any liability on any of
them personally, but shall bind only the assets and property of the Funds, as
provided in each Trust's Agreement and Declaration of Trust.

   IN WITNESS WHEREOF, each of the Trusts, on behalf of itself and its Funds
listed in Exhibit A and B to this Memorandum of Agreement, and Invesco have
entered into this Memorandum of Agreement as of the Effective Date on the
attached Exhibits.

<TABLE>
<S>                                    <C>
AIM COUNSELOR SERIES TRUST (INVESCO    INVESCO BOND FUND
COUNSELOR SERIES TRUST)                INVESCO CALIFORNIA VALUE MUNICIPAL
AIM EQUITY FUNDS (INVESCO EQUITY       INCOME TRUST
FUNDS)                                 INVESCO DYNAMIC CREDIT OPPORTUNITIES
AIM FUNDS GROUP (INVESCO FUNDS GROUP)  FUND
AIM GROWTH SERIES (INVESCO GROWTH      INVESCO EXCHANGE FUND
SERIES)                                INVESCO HIGH INCOME TRUST II
AIM INTERNATIONAL MUTUAL FUNDS         INVESCO MANAGEMENT TRUST
(INVESCO INTERNATIONAL MUTUAL FUNDS)   INVESCO MUNICIPAL INCOME
AIM INVESTMENT FUNDS (INVESCO          OPPORTUNITIES TRUST
INVESTMENT FUNDS)                      INVESCO MUNICIPAL OPPORTUNITY TRUST
AIM INVESTMENT SECURITIES FUNDS        INVESCO MUNICIPAL TRUST
(INVESCO INVESTMENT SECURITIES FUNDS)  INVESCO PENNSYLVANIA VALUE MUNICIPAL
AIM SECTOR FUNDS (INVESCO SECTOR       INCOME TRUST
FUNDS)                                 INVESCO QUALITY MUNICIPAL INCOME TRUST
AIM TAX-EXEMPT FUNDS (INVESCO          INVESCO SECURITIES TRUST
TAX-EXEMPT FUNDS)                      INVESCO SENIOR INCOME TRUST
AIM TREASURER'S SERIES TRUST (INVESCO  INVESCO TRUST FOR INVESTMENT GRADE
TREASURER'S SERIES TRUST)              MUNICIPALS
AIM VARIABLE INSURANCE FUNDS (INVESCO  INVESCO TRUST FOR INVESTMENT GRADE
VARIABLE INSURANCE FUNDS)              NEW YORK MUNICIPALS
INVESCO ADVANTAGE MUNICIPAL INCOME     INVESCO VALUE MUNICIPAL INCOME TRUST
TRUST II
</TABLE>

           on behalf of the Funds listed in the Exhibit
           to this Memorandum of Agreement

           By:     /s/ John M. Zerr
                   -------------------------------------
           Title:  Senior Vice President

           INVESCO ADVISERS, INC.

           By:     /s/ John M. Zerr
                   -------------------------------------
           Title:  Senior Vice President

<PAGE>

                         EXHIBIT A TO ADVISORY FEE MOA

<TABLE>
<CAPTION>
   AIM COUNSELOR
   SERIES TRUST
(INVESCO COUNSELOR                                                                  EXPIRATION
   SERIES TRUST)                  WAIVER DESCRIPTION                EFFECTIVE DATE    DATE
-------------------- ---------------------------------------------  --------------  -----------
<S>                  <C>                                            <C>             <C>
Invesco Strategic    Invesco will waive advisory fees in an amount
Real Return Fund         equal to the advisory fees earned on
                           underlying affiliated investments         4/30/2014      06/30/2017

  AIM INVESTMENT
  FUNDS (INVESCO                                                                    EXPIRATION
 INVESTMENT FUNDS                 WAIVER DESCRIPTION                EFFECTIVE DATE    DATE
-------------------- ---------------------------------------------  --------------  -----------
Invesco Global       Invesco will waive advisory fees in an amount
Targeted Returns         equal to the advisory fees earned on
Fund                       underlying affiliated investments         12/17/2013     06/30/2017

Invesco Strategic    Invesco will waive advisory fees in an amount
Income Fund              equal to the advisory fees earned on
                           underlying affiliated investments          5/2/2014      06/30/2017

Invesco              Invesco will waive advisory fees in an amount
Unconstrained Bond       equal to the advisory fees earned on
Fund                       underlying affiliated investments         10/14/2014     06/30/2017

  AIM TREASURER'S
   SERIES TRUST
(INVESCO TREASURER'S                                                                EXPIRATION
   SERIES TRUST)                  WAIVER DESCRIPTION                EFFECTIVE DATE    DATE
-------------------- ---------------------------------------------  --------------  -----------
Premier Portfolio    Invesco will waive advisory fees in the
                     amount of 0.07% of the Fund's average daily
                     net assets                                       2/1/2011      12/31/2016

Premier U.S.         Invesco will waive advisory fees in the
Government Money     amount of 0.07% of the Fund's average daily
Portfolio            net assets                                       2/1/2011      12/31/2016
</TABLE>

<PAGE>

                                  EXHIBIT "B"

          AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)

<TABLE>
<CAPTION>
PORTFOLIO                                            EFFECTIVE DATE   COMMITTED UNTIL
---------                                          ------------------ ---------------
<S>                                                <C>                <C>
Invesco American Franchise Fund                    February 12, 2010   June 30, 2017
Invesco California Tax-Free Income Fund            February 12, 2010   June 30, 2017
Invesco Core Plus Bond Fund                           June 2, 2009     June 30, 2017
Invesco Equally-Weighted S&P 500 Fund              February 12, 2010   June 30, 2017
Invesco Equity and Income Fund                     February 12, 2010   June 30, 2017
Invesco Floating Rate Fund                            July 1, 2007     June 30, 2017
Invesco Global Real Estate Income Fund                July 1, 2007     June 30, 2017
Invesco Growth and Income Fund                     February 12, 2010   June 30, 2017
Invesco Low Volatility Equity Yield Fund              July 1, 2007     June 30, 2017
Invesco Pennsylvania Tax Free Income Fund          February 12, 2010   June 30, 2017
Invesco S&P 500 Index Fund                         February 12, 2010   June 30, 2017
Invesco Short Duration High Yield Municipal Fund   September 30, 2015  June 30, 2017
Invesco Small Cap Discovery Fund                   February 12, 2010   June 30, 2017
Invesco Strategic Real Return Fund                   April 30, 2014    June 30, 2017
</TABLE>

                    AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)

<TABLE>
<CAPTION>
PORTFOLIO                                          EFFECTIVE DATE COMMITTED UNTIL
---------                                          -------------- ---------------
<S>                                                <C>            <C>
Invesco Charter Fund                                July 1, 2007   June 30, 2017
Invesco Diversified Dividend Fund                   July 1, 2007   June 30, 2017
Invesco Summit Fund                                 July 1, 2007   June 30, 2017
</TABLE>

                     AIM FUNDS GROUP (INVESCO FUNDS GROUP)

<TABLE>
<CAPTION>
FUND                                               EFFECTIVE DATE COMMITTED UNTIL
----                                               -------------- ---------------
<S>                                                <C>            <C>
Invesco European Small Company Fund                 July 1, 2007   June 30, 2017
Invesco Global Core Equity Fund                     July 1, 2007   June 30, 2017
Invesco International Small Company Fund            July 1, 2007   June 30, 2017
Invesco Small Cap Equity Fund                       July 1, 2007   June 30, 2017
</TABLE>

                   AIM GROWTH SERIES (INVESCO GROWTH SERIES)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco Convertible Securities Fund                February 12, 2010  June 30, 2017
Invesco Global Low Volatility Equity Yield Fund      July 1, 2007     June 30, 2017
Invesco Mid Cap Core Equity Fund                     July 1, 2007     June 30, 2017
Invesco Small Cap Growth Fund                        July 1, 2007     June 30, 2017
Invesco U.S. Mortgage Fund                         February 12, 2010  June 30, 2017
</TABLE>

<PAGE>

      AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco Asia Pacific Growth Fund                     July 1, 2007     June 30, 2017
Invesco European Growth Fund                         July 1, 2007     June 30, 2017
Invesco Global Growth Fund                           July 1, 2007     June 30, 2017
Invesco Global Opportunities Fund                   August 3, 2012    June 30, 2017
Invesco Global Small & Mid Cap Growth Fund           July 1, 2007     June 30, 2017
Invesco International Companies Fund               December 21, 2015  June 30, 2017
Invesco International Core Equity Fund               July 1, 2007     June 30, 2017
Invesco International Growth Fund                    July 1, 2007     June 30, 2017
Invesco Select Opportunities Fund                   August 3, 2012    June 30, 2017
</TABLE>

                AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

<TABLE>
<CAPTION>
FUND                                                 EFFECTIVE DATE   COMMITTED UNTIL
----                                               ------------------ ---------------
<S>                                                <C>                <C>
Invesco All Cap Market Neutral Fund                December 17, 2013   June 30, 2017
Invesco Balanced-Risk Allocation Fund/1/              May 29, 2009     June 30, 2017
Invesco Balanced-Risk Commodity Strategy Fund/2/   November 29, 2010   June 30, 2017
Invesco Developing Markets Fund                       July 1, 2007     June 30, 2017
Invesco Emerging Markets Equity Fund                  May 11, 2011     June 30, 2017
Invesco Emerging Market Local Currency Debt Fund     June 14, 2010     June 30, 2017
Invesco Endeavor Fund                                 July 1, 2007     June 30, 2017
Invesco Global Health Care Fund                       July 1, 2007     June 30, 2017
Invesco Global Infrastructure Fund                    May 2, 2014      June 30, 2017
Invesco Global Market Neutral Fund                 December 17, 2013   June 30, 2017
Invesco Global Markets Strategy Fund/3/            September 25, 2012  June 30, 2017
Invesco Global Targeted Returns Fund/4/            December 17, 2013   June 30, 2017
Invesco Greater China Fund                            July 1, 2007     June 30, 2017
Invesco International Total Return Fund               July 1, 2007     June 30, 2017
Invesco Long/Short Equity Fund                     December 17, 2013   June 30, 2017
Invesco Low Volatility Emerging Markets Fund       December 17, 2013   June 30, 2017
Invesco Macro International Equity Fund            December 17, 2013   June 30, 2017
Invesco Macro Long/Short Fund                      December 17, 2013   June 30, 2017
Invesco MLP Fund                                    August 29, 2014    June 30, 2017
Invesco Pacific Growth Fund                        February 12, 2010   June 30, 2017
Invesco Premium Income Fund                        December 13, 2011   June 30, 2017
Invesco Select Companies Fund                         July 1, 2007     June 30, 2017
Invesco Strategic Income Fund                         May 2, 2014      June 30, 2017
Invesco Unconstrained Bond Fund                     October 14, 2014   June 30, 2017
</TABLE>

     AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco Corporate Bond Fund                        February 12, 2010  June 30, 2017
Invesco Global Real Estate Fund                      July 1, 2007     June 30, 2017
Invesco High Yield Fund                              July 1, 2007     June 30, 2017
Invesco Limited Maturity Treasury Fund/5/            July 1, 2007     June 30, 2017
Invesco Money Market Fund                            July 1, 2007     June 30, 2017
Invesco Real Estate Fund                             July 1, 2007     June 30, 2017
Invesco Short Term Bond Fund                         July 1, 2007     June 30, 2017
Invesco U.S. Government Fund                         July 1, 2007     June 30, 2017
</TABLE>

--------
/1/  Advisory fees to be waived by Invesco for Invesco Balanced-Risk Allocation
     Fund also include advisory fees that Invesco receives on the Uninvested
     Cash from the Affiliated Money Market Fund in which Invesco Cayman
     Commodity Fund I, Ltd. invests.
2    Advisory fees to be waived by Invesco for Invesco Balanced-Risk Commodity
     Strategy Fund also include advisory fees that Invesco receives on the
     Uninvested Cash from the Affiliated Money Market Fund in which Invesco
     Cayman Commodity Fund III, Ltd. invests.
3    Advisory fees to be waived by Invesco for Invesco Global Markets Strategy
     Fund also include advisory fees that Invesco receives on the Uninvested
     Cash from the Affiliated Money Market Fund in which Invesco Cayman
     Commodity Fund V, Ltd. invests.
4    Advisory fees to be waived by Invesco for Invesco Global Targeted Returns
     Fund also include advisory fees that Invesco receives on the Uninvested
     Cash from the Affiliated Money Market Fund in which Invesco Cayman
     Commodity Fund VII, Ltd. invests.
5    Effective December 31, 2015, Invesco Limited Maturity Treasury Fund will
     change its name to Invesco Short Duration Inflation Protected Fund.

<PAGE>

                                                               Sub-Item 77Q1(e)

                    AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco American Value Fund                        February 12, 2010  June 30, 2017
Invesco Comstock Fund                              February 12, 2010  June 30, 2017
Invesco Energy Fund                                  July 1, 2007     June 30, 2017
Invesco Dividend Income Fund                         July 1, 2007     June 30, 2017
Invesco Gold & Precious Metals Fund                  July 1, 2007     June 30, 2017
Invesco Mid Cap Growth Fund                        February 12, 2010  June 30, 2017
Invesco Small Cap Value Fund                       February 12, 2010  June 30, 2017
Invesco Technology Fund                              July 1, 2007     June 30, 2017
Invesco Technology Sector Fund                     February 12, 2010  June 30, 2017
Invesco Value Opportunities Fund                   February 12, 2010  June 30, 2017
</TABLE>

                AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco High Yield Municipal Fund                  February 12, 2010  June 30, 2017
Invesco Intermediate Term Municipal Income Fund    February 12, 2010  June 30, 2017
Invesco Municipal Income Fund                      February 12, 2010  June 30, 2017
Invesco New York Tax Free Income Fund              February 12, 2010  June 30, 2017
Invesco Tax-Exempt Cash Fund                         July 1, 2007     June 30, 2017
Invesco Limited Term Municipal Income Fund           July 1, 2007     June 30, 2017
</TABLE>

        AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                               ----------------- ---------------
<S>                                                <C>               <C>
Invesco V.I. American Franchise Fund               February 12, 2010  June 30, 2017
Invesco V.I. American Value Fund                   February 12, 2010  June 30, 2017
Invesco V.I. Balanced-Risk Allocation Fund/5/      December 22, 2010  June 30, 2017
Invesco V.I. Comstock Fund                         February 12, 2010  June 30, 2017
Invesco V.I. Core Equity Fund                        July 1, 2007     June 30, 2017
Invesco V.I. Core Plus Bond Fund                    April 30, 2015    June 30, 2017
Invesco V.I. Diversified Dividend Fund             February 12, 2010  June 30, 2017
Invesco V.I. Equally-Weighted S&P 500 Fund         February 12, 2010  June 30, 2017
Invesco V.I. Equity and Income Fund                February 12, 2010  June 30, 2017
Invesco V.I. Global Core Equity Fund               February 12, 2010  June 30, 2017
Invesco V.I. Global Health Care Fund                 July 1, 2007     June 30, 2017
Invesco V.I. Global Real Estate Fund                 July 1, 2007     June 30, 2017
Invesco V.I. Government Securities Fund              July 1, 2007     June 30, 2017
Invesco V.I. Growth and Income Fund                February 12, 2010  June 30, 2017
Invesco V.I. High Yield Fund                         July 1, 2007     June 30, 2017
Invesco V.I. International Growth Fund               July 1, 2007     June 30, 2017
Invesco V.I. Managed Volatility Fund                 July 1, 2007     June 30, 2017
Invesco V.I. Mid Cap Core Equity Fund                July 1, 2007     June 30, 2017
Invesco V.I. Mid Cap Growth Fund                   February 12, 2010  June 30, 2017
Invesco V.I. Money Market Fund                       July 1, 2007     June 30, 2017
Invesco V.I. S&P 500 Index Fund                    February 12, 2010  June 30, 2017
Invesco V.I. Small Cap Equity Fund                   July 1, 2007     June 30, 2017
Invesco V.I. Technology Fund                         July 1, 2007     June 30, 2017
Invesco V.I. Value Opportunities Fund                July 1, 2007     June 30, 2017
</TABLE>

/5/  Advisory fees to be waived by Invesco for Invesco V.I. Balanced-Risk
     Allocation Fund also include advisory fees that Invesco receives on the
     Uninvested Cash from the Affiliated Money Market Fund in which Invesco
     Cayman Commodity Fund IV, Ltd. invests.

<PAGE>

                             INVESCO EXCHANGE FUND

<TABLE>
<CAPTION>
FUND                                                 EFFECTIVE DATE   COMMITTED UNTIL
----                                               ------------------ ---------------
<S>                                                <C>                <C>
Invesco Exchange Fund                              September 30, 2015  June 30, 2017
</TABLE>

                           INVESCO SECURITIES TRUST

<TABLE>
<CAPTION>
FUND                                                EFFECTIVE DATE  COMMITTED UNTIL
----                                               ---------------- ---------------
<S>                                                <C>              <C>
Invesco Balanced-Risk Aggressive Allocation Fund   January 16, 2013  June 30, 2017
</TABLE>

                           INVESCO MANAGEMENT TRUST

<TABLE>
<CAPTION>
FUND                                               EFFECTIVE DATE COMMITTED UNTIL
----                                               -------------- ---------------
<S>                                                <C>            <C>
Invesco Conservative Income Fund                    July 1, 2014   June 30, 2017
</TABLE>

                               CLOSED-END FUNDS

<TABLE>
<CAPTION>
FUND                                                    EFFECTIVE DATE  COMMITTED UNTIL
----                                                    --------------- ---------------
<S>                                                     <C>             <C>
Invesco Advantage Municipal Income Trust II              May 15, 2012    June 30, 2017
Invesco Bond Fund                                       August 26, 2015  June 30, 2017
Invesco California Value Municipal Income Trust          May 15, 2012    June 30, 2017
Invesco Dynamic Credit Opportunities Fund                May 15, 2012    June 30, 2017
Invesco High Income Trust II                             May 15, 2012    June 30, 2017
Invesco Municipal Income Opportunities Trust            August 26, 2015  June 30, 2017
Invesco Municipal Opportunity Trust                      May 15, 2012    June 30, 2017
Invesco Municipal Trust                                  May 15, 2012    June 30, 2017
Invesco Pennsylvania Value Municipal Income Trust        May 15, 2012    June 30, 2017
Invesco Quality Municipal Income Trust                  August 26, 2015  June 30, 2017
Invesco Senior Income Trust                              May 15, 2012    June 30, 2017
Invesco Trust for Investment Grade Municipals            May 15, 2012    June 30, 2017
Invesco Trust for Investment Grade New York Municipals   May 15, 2012    June 30, 2017
Invesco Value Municipal Income Trust                     June 1, 2010    June 30, 2017
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
