<SEC-DOCUMENT>0001193125-14-166292.txt : 20140429
<SEC-HEADER>0001193125-14-166292.hdr.sgml : 20140429
<ACCEPTANCE-DATETIME>20140429132453
ACCESSION NUMBER:		0001193125-14-166292
CONFORMED SUBMISSION TYPE:	NSAR-B
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20140228
FILED AS OF DATE:		20140429
DATE AS OF CHANGE:		20140429
EFFECTIVENESS DATE:		20140429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Invesco High Income Trust II
		CENTRAL INDEX KEY:			0000846671
		IRS NUMBER:				366900462
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		NSAR-B
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05769
		FILM NUMBER:		14792844

	BUSINESS ADDRESS:	
		STREET 1:		1555 PEACHTREE STREET N.E.
		STREET 2:		SUITE 1800
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30309
		BUSINESS PHONE:		212-296-6963

	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 High Income Trust II
		DATE OF NAME CHANGE:	20100601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN HIGH INCOME TRUST II
		DATE OF NAME CHANGE:	19981006

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME
		DATE OF NAME CHANGE:	19960102
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008 B000002 S
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008 D010002 Frankfurt
008 D050002 Germany
008 D060002 60313
008 A000003 Invesco Asset Management Limited
008 B000003 S
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      PAGE  2
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008 D060005 3000
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008 B000007 S
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      PAGE  3
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022 A000003 BANC OF AMERICA SECURITIES LLC
022 B000003 56-2058405
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022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
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022 D000004     16719
022 A000005 BARCLAYS CAPITAL INC.
022 B000005 06-1031656
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022 B000006 05-0546650
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022 B000007 56-2326000
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022 B000008 13-2730828
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022 B000009 39-6037917
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SIGNATURE   KELLI GALLEGOS
TITLE       ASSISTANT TREASURER AND ASSISTANT VICE PRESIDENT

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77B
<SEQUENCE>2
<FILENAME>d707542dex9977b.txt
<DESCRIPTION>EX-99.77B
<TEXT>
<PAGE>

            REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Trustees and Shareholders of Invesco High Income Trust II:

In planning and performing our audits of the financial statements of Invesco
High Income Trust II (hereafter referred to as the "Trust") as of and for the
year ended February 28, 2014, 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, 2014.

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 28, 2014
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77E
<SEQUENCE>3
<FILENAME>d707542dex9977e.txt
<DESCRIPTION>EX-99.77E
<TEXT>
<PAGE>

                                                                   SUB-ITEM 77E

                               LEGAL PROCEEDINGS

                         INVESCO HIGH INCOME TRUST II

       On January 17, 2011, a Consolidated Amended Shareholder Derivative
Complaint ("Complaint") was filed by common shareholders on behalf of the
trusts now known as 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, prior to the tenure of the current adviser, 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
the Independent Trustees 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.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.77Q1E
<SEQUENCE>4
<FILENAME>d707542dex9977q1e.txt
<DESCRIPTION>EX-99.77Q1E
<TEXT>
<PAGE>

                                                               Sub-Item 77Q1(e)

                                AMENDMENT NO. 1
                                      TO
                    MASTER INTERGROUP SUB-ADVISORY CONTRACT

   This Amendment dated as of December 3, 2012, amends the Master Intergroup
Sub-Advisory Contract (the "Contract"), dated August 27, 2012 by and among
Invesco Advisers, Inc. (the "Adviser"), on behalf of Invesco Van Kampen High
Income Trust II, and each of Invesco Canada Ltd., Invesco Asset Management
Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management
(Japan) Ltd., Invesco Australia Limited, Invesco Hong Kong Limited, and Invesco
Senior Secured Management, Inc. (each a "Sub-Adviser" and, collectively, the
"Sub-Advisers").

   WHEREAS, the Trust desires to amend the Agreement to change the name of the
Trust from Invesco Van Kampen High Income Trust II to Invesco High Income Trust
II;

   IN WITNESS WHEREOF, the parties hereto have caused this Contract to be
executed by their officers designated as of the day and year first above
written.

                                          INVESCO ADVISERS, INC.

                                          Adviser

                                          BY:     /s/ John M. Zerr
                                                  -----------------------------
                                          NAME:   John M. Zerr
                                          TITLE:  Senior Vice President

<PAGE>

<TABLE>
<C>     <S>                                                  <C>     <C>
INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH                    INVESCO ASSET MANAGEMENT LIMITED

Sub-Adviser                                                  Sub-Adviser

By:     /s/ Alexander Lehmann   /s/ C. Puschmann             By:     /s/ M. McLoughlin
        ----------------------------------------                     ---------------------------------------
Name:   Alexander Lehmann       C. Puschmann                 Name:   M. McLoughlin
Title:  Managing Director     Managing Director              Title:  Director

INVESCO ASSET MANAGEMENT (JAPAN) LIMITED                     INVESCO AUSTRALIA LIMITED

Sub-Adviser                                                  Sub-Adviser

By:     /s/ Masakazu Hasegawa                                By:     /s/ Nick Burrell
        ----------------------------------------                     ---------------------------------------
Name:   Masakazu Hasegawa                                    Name:   Nick Burrell
Title:  Managing Director                                    Title:  Company Secretary

INVESCO HONG KONG LIMITED                                    INVESCO SENIOR SECURED MANAGEMENT, INC.

Sub-Adviser                                                  Sub-Adviser

By:     /s/ Fanny Lee   /s/ Gracie Liu                       By:     /s/ Jeffrey H. Kupor
        ----------------------------------------                     ---------------------------------------
Name:   Fanny Lee       Gracie Liu                           Name:   Jeffrey H. Kupor
Title:  Director         Director                            Title:  Secretary & General Counsel

INVESCO CANADA LTD.

Sub-Adviser

By:     /s/ Harsh Damani   /s/ Jamie Kingston
        ----------------------------------------
Name:   Harsh Damani         Jamie Kingston
Title:  SVP Fund Admin         SVP Product
</TABLE>

<PAGE>

                                   EXHIBIT A

                           ADDRESSES OF SUB-ADVISERS
                           -------------------------

Invesco Asset Management Deutschland GmbH
An der Welle 5, 1st Floor
Frankfurt, Germany 60322

Invesco Asset Management Limited
30 Finsbury Square
London, United Kingdom
EC2A 1AG
ENGLAND

Invesco Asset Management (Japan) Limited
14th Floor, Roppongi Hills Mori Tower,
10-1, Roppongi 6-chome, Minato-ku,
Tokyo, Japan 106-6114

Invesco Australia Limited
333 Collins Street, Level 26
Melbourne Victoria 3000, Australia

Invesco Hong Kong Limited
41/F Citibank Tower
3 Garden Road, Central
Hong Kong

Invesco Senior Secured Management, Inc.
1166 Avenue of the Americas, 27th Floor
New York, NY 10036
USA

Invesco Canada Ltd.
5140 Yonge Street
Suite 900
Toronto, ON, M2N 6X7
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
