<DOCUMENT>
<TYPE>EX-99.77E LEGAL
<SEQUENCE>3
<FILENAME>dex9977e.txt
<DESCRIPTION>EX-99.77E
<TEXT>
<PAGE>

                                                                   SUB-ITEM 77E

                               LEGAL PROCEEDINGS
                  INVESCO ADVANTAGE MUNICIPAL INCOME TRUST II

   On January 17, 2011, a Consolidated Amended Shareholder Derivative Complaint
("Complaint") was filed by common shareholders on behalf of Invesco Advantage
Municipal Income Trust II; Invesco Municipal Opportunity Trust; Invesco
Municipal Trust; Invesco High Income Trust II; Invesco Senior Income Trust (the
"Trusts") against Van Kampen Asset Management, Morgan Stanley, and certain
individuals (collectively, the "Defendants") in Rotz v. Van Kampen Asset
Management. The Plaintiffs alleged that Defendants breached their fiduciary
duties to common shareholders by causing the Trusts to redeem Auction Rate
Preferred Securities ("ARPS") at their liquidation value, which was allegedly
higher than market value at the time, and by not having adequate procedures to
deal with potential conflicts of interest. The Plaintiffs alleged that the
redemptions of the ARPS wasted Trust assets, occurred at the expense of the
Trusts and the common shareholders, and were improperly motivated to benefit
preferred shareholders and Defendants. Additionally, the Plaintiffs claimed
that the ARPS were replaced with less favorable financing. Plaintiffs seek
judgment that: 1) orders Defendants to refrain from redeeming any ARPS at their
liquidation value using Trusts 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' alleged breaches of fiduciary duties; and 4) awards to Plaintiffs
the costs and disbursements of the action. On August 10, 2010, the Board of
Trustees formed a Special Litigation Committee ("SLC") to investigate the
claims made in the April 2010 demand letters underlying the Complaint with the
assistance of independent counsel. After reviewing the findings of the SLC and
a vote by Independent Trustees, the Board announced on June 24, 2011, that it
had adopted the SLC recommendation to reject the demands and seek dismissal of
the lawsuit. The Trusts filed a motion to dismiss on October 4, 2011, which
remains pending.

   Management of Invesco and the Trust believe that the outcome of the
proceedings described above will not have a material adverse effect on the
Trust or on the ability of Invesco to provide ongoing services to the Trust.
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