<SEC-DOCUMENT>0001193125-18-142555.txt : 20180430
<SEC-HEADER>0001193125-18-142555.hdr.sgml : 20180430
<ACCEPTANCE-DATETIME>20180430143822
ACCESSION NUMBER:		0001193125-18-142555
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20180228
FILED AS OF DATE:		20180430
DATE AS OF CHANGE:		20180430
EFFECTIVENESS DATE:		20180430

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:		18788807

	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>
<TYPE>NSAR-B
<SEQUENCE>1
<FILENAME>d536937dnsarb.fil
<DESCRIPTION>NSAR-B - VKQ
<TEXT>
      PAGE  1
000 B000000 02/28/2018
000 C000000 0000877463
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 INVESCO MUNICIPAL TRUST
001 B000000 811-06362
001 C000000 8002415477
002 A000000 1555 PEACHTREE ST., NE
002 B000000 ATLANTA
002 C000000 GA
002 D010000 30309
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
008 A000001 Invesco Advisers, Inc.
008 B000001 A
008 C000001 801-33949
008 D010001 Atlanta
008 D020001 GA
008 D030001 30309
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
008 D060003 EC2A1AG
008 A000004 Invesco Asset Management (Japan) Ltd.
008 B000004 S
008 C000004 801-52601
008 D010004 Tokyo
008 D050004 Japan
008 D060004 105-6025
008 A000005 Invesco Hong Kong Limited
008 B000005 S
008 C000005 801-47856
008 D010005 HONG KONG
      PAGE  2
008 D050005 HONG KONG
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
008 D060007 M2N 6X7
010 A000001 Invesco Management Group Inc.
010 B000001 33-67866
010 C010001 Houston
010 C020001 TX
010 C030001 77046
012 A000001 COMPUTERSHARE TRUST COMPANY, N.A.
012 B000001 85-11340
012 C010001 CANTON
012 C020001 MA
012 C030001 02021
013 A000001 PRICEWATERHOUSE COOPERS, LLP
013 B010001 HOUSTON
013 B020001 TX
013 B030001 77002
015 A000001 STATE STREET BANK AND TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02111
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000  158
019 C000000 INVESCOFDS
021  000000        0
022 A000001 BANC OF AMERICA SECURITIES LLC
022 B000001 56-2058405
022 C000001     85648
022 D000001     35615
022 A000002 J.P. MORGAN SECURITIES LLC
022 B000002 13-4110995
022 C000002     37947
022 D000002     31405
022 A000003 CITIGROUP GLOBAL MARKETS INC.
022 B000003 11-2418191
022 C000003     46796
022 D000003     17297
      PAGE  3
022 A000004 MESIROW FINANCIAL, INC.
022 B000004 36-3194849
022 C000004     10120
022 D000004     24173
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005     20176
022 D000005      7502
022 A000006 WELLS FARGO SECURITIES, LLC
022 B000006 56-2326000
022 C000006      8378
022 D000006     11762
022 A000007 LOOP CAPITAL MARKETS LLC
022 B000007 36-4164012
022 C000007      5056
022 D000007     12192
022 A000008 BARCLAYS CAPITAL INC.
022 B000008 06-1031656
022 C000008      9549
022 D000008      6345
022 A000009 RBC CAPITAL MARKETS CORP.
022 B000009 13-5033225
022 C000009     10367
022 D000009      5486
022 A000010 GOLDMAN, SACHS & CO.
022 B000010 13-5108880
022 C000010     11614
022 D000010      2523
023 C000000     276634
023 D000000     167417
024  000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
      PAGE  4
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.550
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
      PAGE  5
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000        0
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000  13.4
062 F000000   0.0
      PAGE  6
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000 150.9
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000 16.0
064 A000000 Y
064 B000000 Y
065  000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
      PAGE  7
070 O020000 Y
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000    172051
071 B000000    181210
071 C000000   1211103
071 D000000   14
072 A000000 12
072 B000000    56052
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000     6773
072 G000000        0
072 H000000        0
072 I000000       57
072 J000000       14
072 K000000        0
072 L000000       41
072 M000000       29
072 N000000       57
072 O000000      275
072 P000000     9171
072 Q000000      177
072 R000000       34
072 S000000       20
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000       74
072 X000000    16722
072 Y000000        0
072 Z000000    39330
072AA000000     4204
072BB000000     4481
072CC010000        0
072CC020000    12809
072DD010000    39742
072DD020000        0
072EE000000        0
073 A010000   0.7184
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000      541
074 B000000        0
074 C000000    97257
      PAGE  8
074 D000000  1096958
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     2550
074 K000000        0
074 L000000    13803
074 M000000       34
074 N000000  1211143
074 O000000     1395
074 P000000        0
074 Q000000   262782
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000   220213
074 S000000        0
074 T000000   726753
074 U010000    55320
074 U020000        0
074 V010000    13.14
074 V020000     0.00
074 W000000   0.0000
074 X000000     1402
074 Y000000        0
075 A000000        0
075 B000000  1007122
076  000000    11.82
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
      PAGE  9
080 C000000    48000
081 A000000 Y
081 B000000 169
082 A000000 Y
082 B000000      100
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON
087 A020000 46131J103
087 A030000 VKQ
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   KELLI GALLEGOS
TITLE       VICE PRESIDNET & ASSISTANT TREASURER

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B
<SEQUENCE>2
<FILENAME>d536937dex9977b.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 28, 2018, 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 28, 2018.

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 27, 2018
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1E
<SEQUENCE>3
<FILENAME>d536937dex9977q1e.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 2023 Target Term Fund, Invesco High Income
2024 Target Term 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

       (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,

<PAGE>

          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 DYNAMIC CREDIT OPPORTUNITIES
COUNSELOR SERIES TRUST)                  FUND
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)  INVESCO EXCHANGE FUND
AIM FUNDS GROUP (INVESCO FUNDS GROUP)    INVESCO HIGH INCOME 2023 TARGET TERM
AIM GROWTH SERIES (INVESCO GROWTH        FUND
SERIES)                                  INVESCO HIGH INCOME 2024 TARGET TERM
AIM INTERNATIONAL MUTUAL FUNDS           FUND
(INVESCO INTERNATIONAL MUTUAL FUNDS)     INVESCO HIGH INCOME TRUST II
AIM INVESTMENT FUNDS (INVESCO            INVESCO MANAGEMENT TRUST
INVESTMENT FUNDS)                        INVESCO MUNICIPAL INCOME OPPORTUNITIES
AIM INVESTMENT SECURITIES FUNDS          TRUST
(INVESCO INVESTMENT SECURITIES FUNDS)    INVESCO MUNICIPAL OPPORTUNITY TRUST
AIM SECTOR FUNDS (INVESCO SECTOR         INVESCO MUNICIPAL TRUST
FUNDS)                                   INVESCO PENNSYLVANIA VALUE MUNICIPAL
AIM TAX-EXEMPT FUNDS (INVESCO TAX-       INCOME TRUST
EXEMPT FUNDS)                            INVESCO QUALITY MUNICIPAL INCOME TRUST
AIM TREASURER'S SERIES TRUST (INVESCO    INVESCO SECURITIES TRUST
TREASURER'S SERIES TRUST)                INVESCO SENIOR INCOME TRUST
AIM VARIABLE INSURANCE FUNDS (INVESCO    INVESCO TRUST FOR INVESTMENT GRADE
VARIABLE INSURANCE FUNDS)                MUNICIPALS
INVESCO ADVANTAGE MUNICIPAL INCOME       INVESCO TRUST FOR INVESTMENT GRADE
TRUST II                                 NEW YORK MUNICIPALS
INVESCO BOND FUND                        INVESCO VALUE MUNICIPAL INCOME TRUST
INVESCO CALIFORNIA VALUE MUNICIPAL
INCOME TRUST
</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>

<TABLE>
<C>                   <S>                                      <C>             <C>
                             EXHIBIT A TO ADVISORY FEE MOA

   AIM COUNSELOR
   SERIES TRUST
(INVESCO COUNSELOR                                                             EXPIRATION
   SERIES TRUST)                WAIVER DESCRIPTION             EFFECTIVE DATE    DATE
 ------------------             ------------------             --------------  ----------
Invesco Strategic     Invesco will waive advisory fees in an    4/30/2014      06/30/2019
  Real Return         amount equal to the advisory fees
  Fund                earned on underlying affiliated
                      investments

  AIM INVESTMENT
  FUNDS (INVESCO                                                               EXPIRATION
 INVESTMENT FUNDS)              WAIVER DESCRIPTION             EFFECTIVE DATE    DATE
 -----------------              ------------------             --------------  ----------
Invesco Balanced-     Invesco will waive advisory fees in an     02/24/15      06/30/2019
  Risk Commodity      amount equal to the advisory fees
  Strategy Fund       earned on underlying affiliated
                      investments

Invesco Global        Invesco will waive advisory fees in an    12/17/2013     06/30/2019
  Targeted Returns    amount equal to the advisory fees
  Fund                earned on underlying affiliated
                      investments

  AIM TREASURER'S
   SERIES TRUST
(INVESCO TREASURER'S                                                           EXPIRATION
   SERIES TRUST)                WAIVER DESCRIPTION             EFFECTIVE DATE    DATE
--------------------            ------------------             --------------  ----------
Invesco Premier       Invesco will waive advisory fees in the    2/1/2011      12/31/2018
  Portfolio           amount of 0.07% of the Fund's average
                      daily net assets

Invesco Premier       Invesco will waive advisory fees in the    2/1/2011      12/31/2018
  U.S.                amount of 0.07% of the Fund's average
  Government          daily net assets
  Money Portfolio

Invesco Premier       Invesco will waive advisory fees in the   06/01/2016     12/31/2018
  Tax-Exempt          amount of 0.05% of the Fund's average
  Portfolio           daily net assets
</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, 2019
Invesco California Tax-Free Income Fund           February 12, 2010   June 30, 2019
Invesco Core Plus Bond Fund                          June 2, 2009     June 30, 2019
Invesco Equally-Weighted S&P 500 Fund             February 12, 2010   June 30, 2019
Invesco Equity and Income Fund                    February 12, 2010   June 30, 2019
Invesco Floating Rate Fund                           July 1, 2007     June 30, 2019
Invesco Global Real Estate Income Fund               July 1, 2007     June 30, 2019
Invesco Growth and Income Fund                    February 12, 2010   June 30, 2019
Invesco Low Volatility Equity Yield Fund             July 1, 2007     June 30, 2019
Invesco Pennsylvania Tax Free Income Fund         February 12, 2010   June 30, 2019
Invesco S&P 500 Index Fund                        February 12, 2010   June 30, 2019
Invesco Short Duration High Yield Municipal Fund  September 30, 2015  June 30, 2019
Invesco Small Cap Discovery Fund                  February 12, 2010   June 30, 2019
Invesco Strategic Real Return Fund                  April 30, 2014    June 30, 2019

                      AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)

PORTFOLIO                                           EFFECTIVE DATE   COMMITTED UNTIL
---------                                         ------------------ ---------------
Invesco Charter Fund                                 July 1, 2007     June 30, 2019
Invesco Diversified Dividend Fund                    July 1, 2007     June 30, 2019
Invesco Summit Fund                                  July 1, 2007     June 30, 2019

                       AIM FUNDS GROUP (INVESCO FUNDS GROUP)

FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                              ------------------ ---------------
Invesco European Small Company Fund                  July 1, 2007     June 30, 2019
Invesco Global Core Equity Fund                      July 1, 2007     June 30, 2019
Invesco International Small Company Fund             July 1, 2007     June 30, 2019
Invesco Small Cap Equity Fund                        July 1, 2007     June 30, 2019

                     AIM GROWTH SERIES (INVESCO GROWTH SERIES)

FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                              ------------------ ---------------
Invesco Alternative Strategies Fund                October 14, 2014   June 30, 2019
Invesco Convertible Securities Fund               February 12, 2010   June 30, 2019
Invesco Global Low Volatility Equity Yield Fund      July 1, 2007     June 30, 2019
Invesco Mid Cap Core Equity Fund                     July 1, 2007     June 30, 2019
Invesco Multi-Asset Inflation Fund                 October 14, 2014   June 30, 2019
Invesco Quality Income Fund                       February 12, 2010   June 30, 2019
Invesco Small Cap Growth Fund                        July 1, 2007     June 30, 2019
</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, 2019
Invesco European Growth Fund                         July 1, 2007     June 30, 2019
Invesco Global Growth Fund                           July 1, 2007     June 30, 2019
Invesco Global Opportunities Fund                   August 3, 2012    June 30, 2019
Invesco Global Responsibility Equity Fund           June 30, 2016     June 30, 2019
Invesco Global Small & Mid Cap Growth Fund           July 1, 2007     June 30, 2019
Invesco International Companies Fund              December 21, 2015   June 30, 2019
Invesco International Core Equity Fund               July 1, 2007     June 30, 2019
Invesco International Growth Fund                    July 1, 2007     June 30, 2019
Invesco Select Opportunities Fund                   August 3, 2012    June 30, 2019

                  AIM INVESTMENT FUNDS (INVESCO INVESTMENT FUNDS)

FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                              ------------------ ---------------
Invesco All Cap Market Neutral Fund               December 17, 2013   June 30, 2019
Invesco Balanced-Risk Allocation Fund/1/             May 29, 2009     June 30, 2019
Invesco Balanced-Risk Commodity Strategy Fund/2/  November 29, 2010   June 30, 2019
Invesco Developing Markets Fund                      July 1, 2007     June 30, 2019
Invesco Emerging Markets Equity Fund                 May 11, 2011     June 30, 2019
Invesco Emerging Markets Flexible Bond Fund/3/      June 14, 2010     June 30, 2019
Invesco Endeavor Fund                                July 1, 2007     June 30, 2019
Invesco Global Health Care Fund                      July 1, 2007     June 30, 2019
Invesco Global Infrastructure Fund                   May 2, 2014      June 30, 2019
Invesco Global Market Neutral Fund                December 17, 2013   June 30, 2019
Invesco Global Targeted Returns Fund/5/           December 17, 2013   June 30, 2019
Invesco Greater China Fund                           July 1, 2007     June 30, 2019
Invesco Long/Short Equity Fund                    December 17, 2013   June 30, 2019
Invesco Low Volatility Emerging Markets Fund      December 17, 2013   June 30, 2019
Invesco Macro Allocation Strategy Fund/4/         September 25, 2012  June 30, 2019
Invesco MLP Fund                                   August 29, 2014    June 30, 2019
Invesco Multi-Asset Income Fund/6/                December 13, 2011   June 30, 2019
Invesco Pacific Growth Fund                       February 12, 2010   June 30, 2019
Invesco Select Companies Fund                        July 1, 2007     June 30, 2019
Invesco World Bond Fund                              July 1, 2007     June 30, 2019
Invesco U.S. Managed Volatility Fund              December 18, 2017   June 30, 2019

       AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)

FUND                                                EFFECTIVE DATE   COMMITTED UNTIL
----                                              ------------------ ---------------
Invesco Corporate Bond Fund                       February 12, 2010   June 30, 2019
Invesco Global Real Estate Fund                      July 1, 2007     June 30, 2019
Invesco Government Money Market Fund                 July 1, 2007     June 30, 2019
Invesco High Yield Fund                              July 1, 2007     June 30, 2019
Invesco Real Estate Fund                             July 1, 2007     June 30, 2019
Invesco Short Duration Inflation Protected Fund      July 1, 2007     June 30, 2019
Invesco Short Term Bond Fund                         July 1, 2007     June 30, 2019
Invesco U.S. Government Fund                         July 1, 2007     June 30, 2019
</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 Emerging Markets Flexible
   Bond Fund also include advisory fees that Invesco receives on the Uninvested
   Cash from the Affiliated Money Market Fund in which Invesco Emerging Markets
   Flexible Bond Cayman, Ltd. invests.
4  Advisory fees to be waived by Invesco for Invesco Macro Allocation 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.
5  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.
6  Advisory fees to be waived by Invesco for Invesco Multi-Asset Income Fund
   also include advisory fees that Invesco receives on the Uninvested Cash from
   the Affiliated Money Market Fund in which Invesco Multi-Asset Income Cayman,
   Ltd. invests.

<PAGE>

<TABLE>
<S>                                              <C>               <C>

                     AIM SECTOR FUNDS (INVESCO SECTOR FUNDS)

FUND                                              EFFECTIVE DATE   COMMITTED UNTIL
----                                             ----------------- ---------------
Invesco American Value Fund                      February 12, 2010  June 30, 2019
Invesco Comstock Fund                            February 12, 2010  June 30, 2019
Invesco Energy Fund                                July 1, 2007     June 30, 2019
Invesco Dividend Income Fund                       July 1, 2007     June 30, 2019
Invesco Gold & Precious Metals Fund                July 1, 2007     June 30, 2019
Invesco Mid Cap Growth Fund                      February 12, 2010  June 30, 2019
Invesco Small Cap Value Fund                     February 12, 2010  June 30, 2019
Invesco Technology Fund                            July 1, 2007     June 30, 2019
Invesco Technology Sector Fund                   February 12, 2010  June 30, 2019
Invesco Value Opportunities Fund                 February 12, 2010  June 30, 2019

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

FUND                                              EFFECTIVE DATE   COMMITTED UNTIL
----                                             ----------------- ---------------
Invesco High Yield Municipal Fund                February 12, 2010  June 30, 2019
Invesco Intermediate Term Municipal Income Fund  February 12, 2010  June 30, 2019
Invesco Municipal Income Fund                    February 12, 2010  June 30, 2019
Invesco New York Tax Free Income Fund            February 12, 2010  June 30, 2019
Invesco Tax-Exempt Cash Fund                       July 1, 2007     June 30, 2019
Invesco Limited Term Municipal Income Fund         July 1, 2007     June 30, 2019

         AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

FUND                                              EFFECTIVE DATE   COMMITTED UNTIL
----                                             ----------------- ---------------
Invesco V.I. American Franchise Fund             February 12, 2010  June 30, 2019
Invesco V.I. American Value Fund                 February 12, 2010  June 30, 2019
Invesco V.I. Balanced-Risk Allocation Fund/7/    December 22, 2010  June 30, 2019
Invesco V.I. Comstock Fund                       February 12, 2010  June 30, 2019
Invesco V.I. Core Equity Fund                      July 1, 2007     June 30, 2019
Invesco V.I. Core Plus Bond Fund                  April 30, 2015    June 30, 2019
Invesco V.I. Diversified Dividend Fund           February 12, 2010  June 30, 2019
Invesco V.I. Equally-Weighted S&P 500 Fund       February 12, 2010  June 30, 2019
Invesco V.I. Equity and Income Fund              February 12, 2010  June 30, 2019
Invesco V.I. Global Core Equity Fund             February 12, 2010  June 30, 2019
Invesco V.I. Global Health Care Fund               July 1, 2007     June 30, 2019
Invesco V.I. Global Real Estate Fund               July 1, 2007     June 30, 2019
Invesco V.I. Government Money Market Fund          July 1, 2007     June 30, 2019
Invesco V.I. Government Securities Fund            July 1, 2007     June 30, 2019
Invesco V.I. Growth and Income Fund              February 12, 2010  June 30, 2019
Invesco V.I. High Yield Fund                       July 1, 2007     June 30, 2019
Invesco V.I. International Growth Fund             July 1, 2007     June 30, 2019
Invesco V.I. Managed Volatility Fund               July 1, 2007     June 30, 2019
Invesco V.I. Mid Cap Core Equity Fund              July 1, 2007     June 30, 2019
Invesco V.I. Mid Cap Growth Fund                 February 12, 2010  June 30, 2019
Invesco V.I. S&P 500 Index Fund                  February 12, 2010  June 30, 2019
Invesco V.I. Small Cap Equity Fund                 July 1, 2007     June 30, 2019
Invesco V.I. Technology Fund                       July 1, 2007     June 30, 2019
Invesco V.I. Value Opportunities Fund              July 1, 2007     June 30, 2019
</TABLE>

/7/  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>

<TABLE>
<S>                                                     <C>                <C>

                                  INVESCO EXCHANGE FUND

FUND                                                      EFFECTIVE DATE   COMMITTED UNTIL
----                                                    ------------------ ---------------
Invesco Exchange Fund                                   September 30, 2015  June 30, 2019

                                INVESCO SECURITIES TRUST

FUND                                                      EFFECTIVE DATE   COMMITTED UNTIL
----                                                    ------------------ ---------------
Invesco Balanced-Risk Aggressive Allocation Fund/8/      January 16, 2013   June 30, 2019

                                INVESCO MANAGEMENT TRUST

FUND                                                      EFFECTIVE DATE   COMMITTED UNTIL
----                                                    ------------------ ---------------
Invesco Conservative Income Fund                           July 1, 2014     June 30, 2019

                                    CLOSED-END FUNDS

FUND                                                      EFFECTIVE DATE   COMMITTED UNTIL
----                                                    ------------------ ---------------
Invesco Advantage Municipal Income Trust II                May 15, 2012     June 30, 2019
Invesco Bond Fund                                        August 26, 2015    June 30, 2019
Invesco California Value Municipal Income Trust            May 15, 2012     June 30, 2019
Invesco Dynamic Credit Opportunities Fund                  May 15, 2012     June 30, 2019
Invesco High Income 2023 Target Term Fund               November 28, 2016   June 30, 2019
Invesco High Income 2024 Target Term Fund               November 30, 2017   June 30, 2019
Invesco High Income Trust II                               May 15, 2012     June 30, 2019
Invesco Municipal Income Opportunities Trust             August 26, 2015    June 30, 2019
Invesco Municipal Opportunity Trust                        May 15, 2012     June 30, 2019
Invesco Municipal Trust                                    May 15, 2012     June 30, 2019
Invesco Pennsylvania Value Municipal Income Trust          May 15, 2012     June 30, 2019
Invesco Quality Municipal Income Trust                   August 26, 2015    June 30, 2019
Invesco Senior Income Trust                                May 15, 2012     June 30, 2019
Invesco Trust for Investment Grade Municipals              May 15, 2012     June 30, 2019
Invesco Trust for Investment Grade New York Municipals     May 15, 2012     June 30, 2019
Invesco Value Municipal Income Trust                       June 1, 2010     June 30, 2019
</TABLE>

/8/  Advisory fees to be waived by Invesco for Invesco Balanced-Risk Aggressive
     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 VI, Ltd. invests.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q2
<SEQUENCE>4
<FILENAME>d536937dex9977q2.txt
<DESCRIPTION>EX-99.77Q2
<TEXT>
<PAGE>

                                                                  SUB-ITEM 77Q2

                            INVESCO MUNICIPAL TRUST

   Based upon its review of the copies of all such filings received by it,
Invesco Municipal Trust believes that, during the fiscal year ended
February 28, 2018, all filing requirements applicable to its Reporting Persons
were met except that Form 3 reports covering (i) a disposition of the Fund's
Shares held by Gregory McGreevey and (ii) a purchase of the Fund's Shares by
Gregory McGreevey were not filed in a timely manner.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
