Schedule of InvestmentsΒ Β
May 31, 2024
(Unaudited)
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
Municipal Obligationsβ136.88%(a) | |||||
Alabamaβ0.82% | |||||
Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging); Series 2016, RB | β5.75% | 06/01/2045 | Β | $β1,000 | $βββββ890,702 |
Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village); Series 2007, RB (Acquired 10/18/2010; Cost $739,982)(b)(c) | β5.50% | 01/01/2043 | Β | βββ925 | βββββ527,250 |
Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); Series 2019 A, Ref. IDR(d) | β5.25% | 05/01/2044 | Β | β1,000 | βββ1,005,534 |
Β | Β | Β | Β | Β | 2,423,486 |
American Samoaβ0.26% | |||||
American Samoa (Territory of) Economic Development Authority; Series 2015 A, Ref. RB | β6.63% | 09/01/2035 | Β | βββ750 | βββββ768,637 |
Arizonaβ2.43% | |||||
Arizona (State of) Industrial Development Authority (Academies of Math & Science); Series 2022, RB(d) | β5.25% | 07/01/2052 | Β | β1,700 | βββ1,668,096 |
Arizona (State of) Industrial Development Authority (Kaizen Education Foundation); Series 2016, RB(d) | β5.75% | 07/01/2036 | Β | β1,400 | βββ1,428,439 |
Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus); Series 2017, Ref. RB | β5.00% | 11/15/2040 | Β | β1,500 | βββ1,293,712 |
Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2014 A, RB(d) | β6.75% | 07/01/2044 | Β | βββ750 | βββββ750,964 |
Pima (County of), AZ Industrial Development Authority (Career Success Schools); Series 2020, Ref. RB(d) | β5.50% | 05/01/2040 | Β | β1,500 | βββ1,476,504 |
Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU); Series 2017 A, RB(d) | β6.13% | 10/01/2052 | Β | β1,000 | βββββ595,135 |
Β | Β | Β | Β | Β | 7,212,850 |
Arkansasβ0.51% | |||||
Arkansas (State of) Development Finance Authority (Green Bonds); Series 2022, RB(e) | β5.45% | 09/01/2052 | Β | β1,500 | βββ1,526,036 |
Californiaβ20.87% | |||||
California (State of); Series 2023, GO Bonds(f) | β5.25% | 09/01/2053 | Β | β4,000 | βββ4,427,262 |
California (State of) Educational Facilities Authority (Stanford University); Series 2014 U-6, RB(f) | β5.00% | 05/01/2045 | Β | β3,000 | βββ3,501,437 |
California (State of) Municipal Finance Authority (Caritas Affordable Housing, Inc.); Series 2014 B, RB | β5.88% | 08/15/2049 | Β | β1,250 | βββ1,250,965 |
California (State of) Municipal Finance Authority (Palomar Health); Series 2022 A, Ref. COP (INS - AGM)(g) | β5.25% | 11/01/2052 | Β | β1,250 | βββ1,310,899 |
California (State of) Pollution Control Financing Authority (Aemerge Redpak Services Southern California LLC); Series 2016, RB (Acquired 01/22/2016-09/25/2017; Cost $937,500)(b)(c)(d)(e) | β7.00% | 12/01/2027 | Β | βββ940 | ββββββ31,772 |
California (State of) Pollution Control Financing Authority (Plant Bonds); Series 2012, RB(d)(e) | β5.00% | 07/01/2037 | Β | β1,000 | βββ1,002,671 |
California (State of) School Finance Authority (New Designs Charter School); Series 2012 A, RB(h)(i) | β5.50% | 06/07/2024 | Β | βββ695 | βββββ695,117 |
California (State of) Statewide Communities Development Authority (Creative Child Care & Team Charter); Series 2015, RB(d) | β6.75% | 06/01/2045 | Β | βββ720 | βββββ716,798 |
California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); Series 2014, RB | β5.50% | 12/01/2054 | Β | β2,000 | βββ2,005,288 |
California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2002, RB | β6.00% | 05/01/2043 | Β | βββ750 | βββββ765,952 |
Series 2006 A, RB(j) | β0.00% | 06/01/2046 | Β | 10,000 | βββ2,577,555 |
Series 2006 C, RB(d)(j) | β0.00% | 06/01/2055 | Β | 25,000 | βββ1,296,155 |
Daly (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition); Series 2007 C, Ref. RB | β6.50% | 12/15/2047 | Β | βββ850 | βββββ849,903 |
Golden State Tobacco Securitization Corp.; Series 2021 B-2, Ref. RB(j) | β0.00% | 06/01/2066 | Β | 11,800 | βββ1,290,476 |
Inland Empire Tobacco Securitization Corp.; Series 2007 C-1, RB(j) | β0.00% | 06/01/2036 | Β | 10,000 | βββ4,576,066 |
Long Beach (City of), CA Finance Authority; Series 2023, RB(f) | β4.00% | 08/01/2053 | Β | 10,000 | βββ9,495,476 |
Poway Unified School District (School Facilities Improvement); Series 2011, GO Bonds(j) | β0.00% | 08/01/2039 | Β | β8,000 | βββ4,308,423 |
Regents of the University of California Medical Center; Series 2022, RB(f)(k) | β4.00% | 05/15/2053 | Β | 10,740 | ββ10,220,669 |
Silicon Valley Tobacco Securitization Authority (Santa Clara); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2007 A, RB(j) | β0.00% | 06/01/2036 | Β | β2,000 | βββ1,039,384 |
Series 2007 A, RB(j) | β0.00% | 06/01/2041 | Β | β5,000 | βββ1,886,040 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
Californiaβ(continued) | |||||
Southern California Logistics Airport Authority; Series 2008 A, RB(j) | β0.00% | 12/01/2044 | Β | $18,085 | $βββ4,089,986 |
Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.); Series 2019, Ref. RB(j) | β0.00% | 06/01/2054 | Β | β3,500 | βββββ676,691 |
Ventura Unified School District (Election of 2022); Series 2022 A, GO Bonds(f) | β4.00% | 08/01/2048 | Β | β4,000 | βββ3,942,987 |
Β | Β | Β | Β | Β | 61,957,972 |
Coloradoβ10.17% | |||||
Canyons Metropolitan District No. 5; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2016, GO Bonds | β7.00% | 12/15/2057 | Β | β1,500 | βββ1,038,870 |
Series 2017 A, Ref. GO Bonds | β6.13% | 12/01/2047 | Β | β1,000 | βββββ988,104 |
Chaparral Pointe Metropolitan District; Series 2021, GO Bonds(d) | β5.00% | 12/01/2051 | Β | β1,350 | βββ1,124,846 |
Colorado (State of) Health Facilities Authority (Intermountain Healthcare); Series 2020 A, RB(f) | β4.00% | 08/15/2051 | Β | β9,900 | βββ9,287,811 |
Colorado (State of) Health Facilities Authority (Sunny Vista Living Center); Series 2015 A, Ref. RB(d) | β6.25% | 12/01/2050 | Β | β1,000 | βββββ666,120 |
Denver (City & County of), CO; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2022, RB(e)(f)(k) | β5.00% | 11/15/2042 | Β | β1,000 | βββ1,055,238 |
Series 2022, RB(e)(f)(k) | β5.75% | 11/15/2045 | Β | β2,000 | βββ2,219,938 |
Dominion Water & Sanitation District; Series 2022, Ref. RB | β5.88% | 12/01/2052 | Β | β2,270 | βββ2,248,308 |
East Bend Metropolitan District; Series 2022, GO Bonds | β6.50% | 12/01/2052 | Β | β2,600 | βββ2,550,991 |
Gardens on Havana Metropolitan District No. 3 (The); Series 2017 B, RB | β7.75% | 12/15/2047 | Β | βββ697 | βββββ687,824 |
Hess Ranch Metropolitan District No. 6; Series 2020 A-2, GO Bonds(l) | β5.75% | 12/01/2049 | Β | β1,000 | βββββ769,990 |
Palisade Metropolitan District No. 2; Series 2019, GO Bonds | β7.25% | 12/15/2049 | Β | β1,000 | βββββ919,824 |
Remuda Ranch Metropolitan District; Series 2020 A, GO Bonds | β5.00% | 12/01/2050 | Β | β2,300 | βββ2,003,868 |
Ridgeline Vista Metropolitan District; Series 2021 A, GO Bonds | β5.25% | 12/01/2060 | Β | β1,000 | βββββ808,743 |
Rudolph Farms Metropolitan District No. 6; Series 2022 A, GO Bonds | β6.50% | 06/01/2052 | Β | β1,500 | βββ1,466,763 |
Verve Metropolitan District No. 1; Series 2021, Ref. GO Bonds | β5.00% | 12/01/2036 | Β | βββ525 | βββββ445,485 |
West Meadow Metropolitan District (Senior Bonds); Series 2023 A, Ref. GO Bonds(d) | β6.50% | 12/01/2050 | Β | βββ500 | βββββ514,187 |
Windler Public Improvement Authority; Series 2021 A-2, RB(l) | β4.63% | 12/01/2051 | Β | β2,375 | βββ1,390,580 |
Β | Β | Β | Β | Β | 30,187,490 |
Connecticutβ0.57% | |||||
Georgetown (City of), CT Special Taxing District; Series 2006 A, GO Bonds(b)(m) | β5.13% | 10/01/2036 | Β | β5,310 | βββββ637,200 |
Hamden (Town of), CT (Whitney Center); Series 2022 A, RB | β7.00% | 01/01/2053 | Β | β1,000 | βββ1,068,297 |
Β | Β | Β | Β | Β | 1,705,497 |
Delawareβ0.32% | |||||
Millsboro (Town of), DE (Plantation Lakes Special Development District); Series 2018, Ref. RB(d) | β5.25% | 07/01/2048 | Β | βββ998 | βββββ948,168 |
District of Columbiaβ2.14% | |||||
Metropolitan Washington Airports Authority; Series 2023 A, Ref. RB(e)(f)(k) | β5.25% | 10/01/2043 | Β | β6,000 | βββ6,339,713 |
Floridaβ18.74% | |||||
Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.); Series 2014, RB (Acquired 02/26/2014-06/30/2014; Cost $888,884)(c) | β6.38% | 11/15/2049 | Β | βββ900 | βββββ598,228 |
Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2022 A, Ref. RB (Acquired 01/25/2022; Cost $1,075,000)(c)(d) | β5.00% | 11/15/2061 | Β | β1,075 | βββββ692,318 |
Series 2022 B, RB (Acquired 01/25/2022; Cost $100,000)(c)(d) | β6.50% | 11/15/2033 | Β | βββ100 | ββββββ84,314 |
Broward (County of), FL; Series 2022, RB(f) | β5.50% | 01/01/2055 | Β | 12,365 | ββ13,406,488 |
Capital Projects Finance Authority; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2024, RB(d) | β6.50% | 06/15/2054 | Β | βββ275 | βββββ277,004 |
Series 2024, RB(d) | β6.63% | 06/15/2059 | Β | βββ445 | βββββ448,224 |
Capital Trust Agency, Inc. (Advantage Academy of Hillsborough); Series 2019 A, RB | β5.00% | 12/15/2049 | Β | β3,230 | βββ2,961,923 |
Capital Trust Agency, Inc. (H-Bay Ministries, Inc.- Superior Residences); Series 2018 A-1, RB (Acquired 03/09/2020; Cost $258,452)(b)(c) | β5.00% | 07/01/2048 | Β | βββ250 | ββββββ50,000 |
Capital Trust Agency, Inc. (Tallahassee Tapestry); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2015, RB (Acquired 08/14/2019; Cost $102,052)(b)(c)(d) | β6.75% | 12/01/2035 | Β | βββ100 | ββββββ32,750 |
Series 2015, RB (Acquired 12/02/2015; Cost $988,260)(b)(c)(d) | β7.00% | 12/01/2045 | Β | β1,000 | βββββ327,500 |
Capital Trust Authority (KIPP Miami N Campus); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2024 A, RB(d) | β6.00% | 06/15/2054 | Β | βββ650 | βββββ663,251 |
Series 2024 A, RB(d) | β6.13% | 06/15/2060 | Β | βββ800 | βββββ817,517 |
Collier (County of), FL Industrial Development Authority (The Arlington of Naples); Series 2014 A, RB (Acquired 12/16/2013-12/19/2013; Cost $882,393)(b)(c)(d) | β8.25% | 05/15/2049 | Β | βββ895 | ββββββ24,160 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
Floridaβ(continued) | |||||
Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2024, Ref. RB(d)(e)(i) | 12.00% | 07/15/2028 | Β | $β2,000 | $βββ2,080,000 |
Series 2024, Ref. RB(e) | β5.00% | 07/01/2041 | Β | β2,000 | βββ2,056,263 |
Series 2024, Ref. RB (INS - AGM)(e)(g) | β5.25% | 07/01/2053 | Β | β2,000 | βββ2,064,452 |
Florida Development Finance Corp. (Parrish Charter Academy, Inc.); Series 2023, RB(d)(i) | β6.25% | 06/15/2028 | Β | β2,140 | βββ2,130,926 |
Florida Development Finance Corp. (Renaissance Charter School, Inc.); Series 2015, RB(d) | β6.13% | 06/15/2046 | Β | β1,000 | βββ1,005,921 |
Florida Development Finance Corp. (River City Science Academy); Series 2021, RB | β4.00% | 07/01/2045 | Β | β1,200 | βββ1,038,957 |
Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts); Series 2018 A, RB(d) | β5.38% | 07/15/2038 | Β | β1,300 | βββ1,217,394 |
Lee (County of), FL Industrial Development Authority (Lee County Community Charter Schools, LLC); Series 2012, IDR(d) | β5.75% | 06/15/2042 | Β | β1,200 | βββ1,166,543 |
Manatee (County of), FL; Series 2023, Ref. RB(f) | β4.00% | 10/01/2053 | Β | 10,000 | βββ9,287,761 |
Miami-Dade (County of), FL; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2009, RB(j) | β0.00% | 10/01/2042 | Β | β7,900 | βββ3,368,193 |
Series 2017 B, Ref. RB(e)(f)(k) | β5.00% | 10/01/2040 | Β | β2,000 | βββ2,033,244 |
Series 2022, RB(f) | β5.00% | 07/01/2052 | Β | β5,000 | βββ5,223,877 |
Seminole (County of), FL; Series 2022, RB(f) | β5.00% | 10/01/2052 | Β | β2,430 | βββ2,562,042 |
Β | Β | Β | Β | Β | 55,619,250 |
Idahoβ0.84% | |||||
Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.); Series 2017 A, Ref. RB | β5.25% | 11/15/2047 | Β | β1,600 | βββ1,212,455 |
Idaho (State of) Housing & Finance Association (Future Public School); Series 2022 A, RB(d) | β4.00% | 05/01/2057 | Β | β1,705 | βββ1,266,338 |
Β | Β | Β | Β | Β | 2,478,793 |
Illinoisβ6.64% | |||||
Chicago (City of), IL; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2007 F, Ref. GO Bonds | β5.50% | 01/01/2042 | Β | β1,250 | βββ1,252,622 |
Series 2017 A, Ref. GO Bonds | β6.00% | 01/01/2038 | Β | β1,500 | βββ1,559,306 |
Chicago (City of), IL Board of Education; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2022 B, Ref. GO Bonds | β4.00% | 12/01/2040 | Β | β1,665 | βββ1,529,172 |
Series 2023 A, GO Bonds | β6.00% | 12/01/2049 | Β | β1,000 | βββ1,096,238 |
Illinois (State of); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2020, GO Bonds | β5.75% | 05/01/2045 | Β | β1,000 | βββ1,080,908 |
Series 2021 A, GO Bonds | β5.00% | 03/01/2046 | Β | βββ500 | βββββ518,368 |
Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.); Series 2002, RB(e) | β8.00% | 06/01/2032 | Β | βββ140 | βββββ140,136 |
Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School); Series 2015, RB(d) | β6.00% | 12/01/2045 | Β | β1,000 | βββ1,004,235 |
Illinois (State of) Finance Authority (Lutheran Communities Obligated Group); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2019 A, Ref. RB (Acquired 10/28/2022; Cost $1,265,750)(c) | β5.00% | 11/01/2040 | Β | β1,525 | βββ1,252,023 |
Series 2019 A, Ref. RB (Acquired 06/02/2022; Cost $956,840)(c) | β5.00% | 11/01/2049 | Β | β1,000 | βββββ739,476 |
Illinois (State of) Finance Authority (Northshore Edward Elmhurst Health Credit Group); Series 2022, RB(f)(k) | β5.00% | 08/15/2051 | Β | β5,375 | βββ5,584,386 |
Illinois (State of) Finance Authority (Rogers Park Montessori School); Series 2014, Ref. RB | β6.13% | 02/01/2045 | Β | β1,500 | βββ1,500,331 |
Illinois (State of) Finance Authority (Roosevelt University); Series 2019 A, RB(d) | β6.00% | 04/01/2038 | Β | βββ960 | βββββ960,302 |
Illinois (State of) Finance Authority (Villa St. Benedict); Series 2015, Ref. RB | β6.38% | 11/15/2043 | Β | βββ775 | βββββ779,693 |
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); Series 2017 B, Ref. RB(l) | β4.70% | 12/15/2037 | Β | β1,000 | βββββ727,718 |
Β | Β | Β | Β | Β | 19,724,914 |
Indianaβ2.20% | |||||
Indiana (State of) Finance Authority (Irvington Community School); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2018 A, Ref. RB(d) | β5.90% | 07/01/2038 | Β | β1,000 | βββ1,000,872 |
Series 2018 A, Ref. RB(d) | β6.00% | 07/01/2048 | Β | β1,000 | βββββ996,156 |
Indiana (State of) Finance Authority (University of Evansville); Series 2022 A, Ref. RB | β5.25% | 09/01/2044 | Β | β3,500 | βββ3,460,222 |
Indianapolis Local Public Improvement Bond Bank (Convention Center Hotel); Series 2023 E, RB | β6.00% | 03/01/2053 | Β | β1,000 | βββ1,084,485 |
Β | Β | Β | Β | Β | 6,541,735 |
Iowaβ1.93% | |||||
Iowa (State of) Finance Authority (Alcoa, Inc.); Series 2012, RB | β4.75% | 08/01/2042 | Β | β1,000 | βββββ980,854 |
Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB(i) | β5.00% | 12/01/2042 | Β | β2,000 | βββ2,081,363 |
Iowa (State of) Finance Authority (Northcrest, Inc.); Series 2018 A, RB | β5.00% | 03/01/2038 | Β | β1,150 | βββ1,080,161 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
Iowaβ(continued) | |||||
Iowa (State of) Tobacco Settlement Authority; Series 2021 B-2, Ref. RB(j) | β0.00% | 06/01/2065 | Β | $13,000 | $βββ1,584,834 |
Β | Β | Β | Β | Β | 5,727,212 |
Kansasβ0.30% | |||||
Wichita (City of), KS (Presbyterian Manors, Inc.); Series 2013 IV-A, RB | β6.50% | 05/15/2048 | Β | β1,000 | βββββ900,695 |
Kentuckyβ0.77% | |||||
Kentucky (Commonwealth of) Public Transportation Infrastructure Authority (Downtown Crossing); Series 2013 C, RB | β6.88% | 07/01/2046 | Β | β2,000 | βββ2,297,691 |
Louisianaβ0.25% | |||||
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority; Series 2015 A, Ref. RB | β6.25% | 11/15/2045 | Β | βββ750 | βββββ728,435 |
Maineβ3.66% | |||||
Maine Health & Higher Educational Facilities Authority; Series 2023, RB (INS - AGM)(f)(g)(k) | β4.75% | 07/01/2053 | Β | 10,660 | ββ10,853,489 |
Massachusettsβ4.15% | |||||
Massachusetts (Commonwealth of); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2004 A, Ref. GO Bonds (INS - AMBAC)(f)(g) | β5.50% | 08/01/2030 | Β | βββ960 | βββ1,073,143 |
Series 2023, GO Bonds(f) | β5.00% | 10/01/2053 | Β | 10,000 | ββ10,664,012 |
Massachusetts (Commonwealth of) Development Finance Agency (Massachusetts Institute of Technology); Series 2002 K, RB(f) | β5.50% | 07/01/2032 | Β | βββ505 | βββββ590,819 |
Β | Β | Β | Β | Β | 12,327,974 |
Michiganβ0.73% | |||||
Charyl Stockwell Academy; Series 2015, Ref. RB | β5.75% | 10/01/2045 | Β | βββ635 | βββββ581,757 |
Michigan (State of) Strategic Fund (Canterbury Health Care, Inc.); Series 2016, RB (Acquired 09/12/2019; Cost $2,770,058)(b)(c)(d) | β5.00% | 07/01/2046 | Β | β2,705 | βββ1,595,212 |
Β | Β | Β | Β | Β | 2,176,969 |
Minnesotaβ1.11% | |||||
Ramsey (City of), MN; Series 2022 A, Ref. RB | β5.00% | 06/01/2032 | Β | β1,500 | βββ1,509,209 |
Rochester (City of), MN (Homestead at Rochester, Inc.); Series 2013 A, RB | β6.88% | 12/01/2048 | Β | β1,000 | βββββ999,405 |
St. Paul (City of), MN Housing & Redevelopment Authority (Emerald Gardens); Series 2010, Ref. RB | β6.25% | 03/01/2025 | Β | βββ235 | βββββ235,011 |
St. Paul (City of), MN Housing & Redevelopment Authority (Higher Ground Academy); Series 2023, Ref. RB | β5.50% | 12/01/2038 | Β | βββ545 | βββββ565,996 |
Β | Β | Β | Β | Β | 3,309,621 |
Missouriβ2.94% | |||||
Branson Hills Infrastructure Facilities Community Improvement District; Series 2007 A, RB(m) | β5.50% | 04/01/2027 | Β | βββ656 | βββββ216,586 |
Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2017 A, Ref. RB | β5.25% | 05/15/2037 | Β | β2,250 | βββ2,050,301 |
Series 2017 A, Ref. RB | β5.25% | 05/15/2050 | Β | β1,250 | βββ1,001,176 |
Leeβs Summit (City of), MO Industrial Development Authority (John Knox Village); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2016 A, RB | β5.00% | 08/15/2046 | Β | β2,000 | βββ1,778,650 |
Series 2018 A, Ref. RB | β5.00% | 08/15/2042 | Β | βββ755 | βββββ703,649 |
Missouri (State of) Development Finance Board (St. Louis Zoo); Series 2022, RB(f) | β5.13% | 05/01/2052 | Β | β1,500 | βββ1,561,159 |
St. Louis (County of), MO Industrial Development Authority (Friendship Village West County); Series 2018 A, RB | β5.13% | 09/01/2049 | Β | β1,500 | βββ1,427,520 |
Β | Β | Β | Β | Β | 8,739,041 |
Nevadaβ0.74% | |||||
North Las Vegas (City of), NV Special Improvement District No. 66 (Villages at Tule Springs Village 1); Series 2022, RB(d) | β5.75% | 06/01/2047 | Β | β1,580 | βββ1,549,354 |
Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor); Series 2018 C, Ref. RB(d)(j) | β0.00% | 07/01/2058 | Β | β5,000 | βββββ642,802 |
Β | Β | Β | Β | Β | 2,192,156 |
New Hampshireβ0.34% | |||||
New Hampshire (State of) Business Finance Authority (Social Bonds); Series 2022-2A, RB | β4.00% | 10/20/2036 | Β | β1,077 | βββββ998,571 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
New Jerseyβ3.96% | |||||
New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 1999, RB(e) | β5.25% | 09/15/2029 | Β | $β1,000 | $βββ1,001,166 |
Series 2012, RB(e) | β5.75% | 09/15/2027 | Β | βββ900 | βββββ900,574 |
New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.); Series 2014 A, RB(d) | β6.30% | 10/01/2049 | Β | β1,200 | βββ1,202,273 |
New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.); Series 2012 C, RB | β5.30% | 07/01/2044 | Β | β1,000 | βββ1,000,122 |
New Jersey (State of) Housing & Mortgage Finance Agency (Riverview Towers Apartments); Series 2024, RB (CEP - Federal Housing Administration) | β5.25% | 12/20/2065 | Β | β2,250 | βββ2,286,208 |
New Jersey (State of) Transportation Trust Fund Authority; Series 2023, RB(f)(k) | β5.25% | 06/15/2050 | Β | β5,000 | βββ5,360,128 |
Β | Β | Β | Β | Β | 11,750,471 |
New Yorkβ8.34% | |||||
Brooklyn Arena Local Development Corp. (Barclays Center); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2009, RB(j) | β0.00% | 07/15/2035 | Β | β1,475 | βββββ925,184 |
Series 2009, RB(j) | β0.00% | 07/15/2046 | Β | 10,000 | βββ3,376,441 |
Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside); | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2021, RB (Acquired 05/05/2009-11/16/2016; Cost $1,610,712)(b)(c) | β5.00% | 01/01/2058 | Β | β1,479 | βββββ442,814 |
Series 2021, Ref. RB (Acquired 09/07/2021; Cost $730,000)(b)(c)(d) | β9.00% | 01/01/2041 | Β | βββ730 | βββββ730,000 |
New York (City of), NY Transitional Finance Authority; Series 2022, RB(f) | β5.25% | 11/01/2048 | Β | β5,000 | βββ5,413,270 |
New York (State of) Dormitory Authority; Series 2018 E, RB(f) | β5.00% | 03/15/2046 | Β | β2,250 | βββ2,333,582 |
New York Counties Tobacco Trust IV; Series 2010 A, RB(d) | β6.25% | 06/01/2041 | Β | β1,000 | βββββ999,960 |
New York Counties Tobacco Trust V; Series 2005 S-2, RB(j) | β0.00% | 06/01/2050 | Β | β8,100 | βββ1,204,271 |
New York Counties Tobacco Trust VI; Series 2016 A-1, Ref. RB | β5.75% | 06/01/2043 | Β | β2,000 | βββ1,990,847 |
New York Liberty Development Corp. (3 World Trade Center); Series 2014, Class 3, Ref. RB(d) | β7.25% | 11/15/2044 | Β | β3,000 | βββ3,021,061 |
New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment); Series 2016 A, RB(e)(f)(k) | β5.00% | 07/01/2046 | Β | β1,750 | βββ1,741,791 |
TSASC, Inc.; Series 2016 B, Ref. RB | β5.00% | 06/01/2045 | Β | β2,000 | βββ1,720,319 |
Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities); Series 2017 A, RB(d)(e) | β7.00% | 06/01/2046 | Β | β1,000 | βββββ862,816 |
Β | Β | Β | Β | Β | 24,762,356 |
North Carolinaβ0.37% | |||||
North Carolina (State of) Medical Care Commission (Salemtowne Project); Series 2018 A, RB | β5.00% | 10/01/2043 | Β | β1,260 | βββ1,093,504 |
Ohioβ3.94% | |||||
Buckeye Tobacco Settlement Financing Authority; | ββββββ | Β | Β | ββββββ | ββββββββββββ |
Series 2020 B-2, Ref. RB | β5.00% | 06/01/2055 | Β | β1,750 | βββ1,568,069 |
Series 2020 B-3, Ref. RB(j) | β0.00% | 06/01/2057 | Β | 11,600 | βββ1,038,310 |
Cuyahoga (County of), OH (MetroHealth System); Series 2017, Ref. RB | β5.00% | 02/15/2052 | Β | β3,250 | βββ3,166,121 |
Franklin (County of), OH (Wesley Communities); Series 2020, Ref. RB | β5.25% | 11/15/2055 | Β | β1,500 | βββ1,328,213 |
Muskingum (County of), OH (Genesis Healthcare System); Series 2013, RB | β5.00% | 02/15/2044 | Β | β3,075 | βββ2,821,284 |
Ohio (State of) Air Quality Development Authority (AMG Vanadium Project); Series 2019, RB(d)(e) | β5.00% | 07/01/2049 | Β | β2,000 | βββ1,784,969 |
Β | Β | Β | Β | Β | 11,706,966 |
Oklahomaβ0.00% | |||||
Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch); Series 2016 A, RB(b) | β7.00% | 11/01/2051 | Β | βββ665 | βββββββ1,331 |
Pennsylvaniaβ2.52% | |||||
Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges); Series 2022, RB(e) | β6.00% | 06/30/2061 | Β | β1,250 | βββ1,372,157 |
Philadelphia (City of), PA Authority for Industrial Development (Discovery Charter School); Series 2022, Ref. RB(d) | β5.00% | 04/15/2052 | Β | β2,400 | βββ2,166,651 |
Philadelphia (City of), PA Authority for Industrial Development (First Philadelphia Preparatory Charter School); Series 2014 A, RB | β7.25% | 06/15/2043 | Β | βββ750 | βββββ751,747 |
Philadelphia (City of), PA Authority for Industrial Development (St. Josephβs University); Series 2022, RB | β5.50% | 11/01/2060 | Β | β3,000 | βββ3,179,870 |
Β | Β | Β | Β | Β | 7,470,425 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | ||
Puerto Ricoβ7.44% | ||||||
Childrenβs Trust Fund; | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2002, RB | β5.50% | 05/15/2039 | Β | $βββ370 | $βββββ371,912 | |
Series 2002, RB | β5.63% | 05/15/2043 | Β | β1,000 | βββ1,011,849 | |
Series 2005 A, RB(j) | β0.00% | 05/15/2050 | Β | 27,000 | βββ4,907,166 | |
Puerto Rico (Commonwealth of); Subseries 2022, RN(j) | β0.00% | 11/01/2043 | Β | β6,214 | βββ3,860,554 | |
Puerto Rico (Commonwealth of) Electric Power Authority; | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2007 TT, RB(b) | β5.00% | 07/01/2037 | Β | βββ495 | βββββ131,175 | |
Series 2007 VV, Ref. RB (INS - NATL)(g) | β5.25% | 07/01/2035 | Β | β1,000 | βββββ982,262 | |
Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico); | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2023 A, RB | β6.63% | 01/01/2027 | Β | ββββ82 | ββββββ80,285 | |
Series 2023 A, RB | β6.63% | 01/01/2028 | Β | βββ622 | βββββ611,052 | |
Puerto Rico Sales Tax Financing Corp.; | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2018 A-1, RB(j) | β0.00% | 07/01/2046 | Β | 24,150 | βββ7,735,313 | |
Series 2018 A-1, RB(j) | β0.00% | 07/01/2051 | Β | 10,062 | βββ2,393,118 | |
Β | Β | Β | Β | Β | 22,084,686 | |
South Carolinaβ1.09% | ||||||
South Carolina (State of) Jobs-Economic Development Authority (High Point Academy Project); Series 2018 A, RB(d) | β5.75% | 06/15/2039 | Β | β1,500 | βββ1,525,357 | |
South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes); Series 2018 A, Ref. RB | β5.00% | 04/01/2048 | Β | β2,000 | βββ1,712,194 | |
Β | Β | Β | Β | Β | 3,237,551 | |
Tennesseeβ3.37% | ||||||
Bristol (City of), TN Industrial Development Board (Pinnacle); Series 2016, RB | β5.63% | 06/01/2035 | Β | β1,000 | βββββ895,643 | |
Knox County & Knoxville City Sports Authority; Series 2024, RB(f) | β6.00% | 12/01/2054 | Β | β5,000 | βββ5,656,614 | |
Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Lipscomb University); Series 2019, Ref. RB | β5.25% | 10/01/2058 | Β | β1,500 | βββ1,510,226 | |
Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor); | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2013 A, Ref. RB | β5.50% | 09/01/2047 | Β | β1,600 | βββ1,265,569 | |
Series 2016 A, Ref. RB(d) | β5.00% | 09/01/2031 | Β | βββ750 | βββββ670,043 | |
Β | Β | Β | Β | Β | 9,998,095 | |
Texasβ12.73% | ||||||
Arlington Higher Education Finance Corp. (Cypress Christian School); Series 2024, RB(d) | β5.75% | 06/01/2043 | Β | β1,500 | βββ1,534,622 | |
Bexar County Health Facilities Development Corp. (Army Retirement Residence Foundation); | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2016, Ref. RB | β4.00% | 07/15/2031 | Β | β1,500 | βββ1,384,727 | |
Series 2016, Ref. RB | β5.00% | 07/15/2041 | Β | β1,000 | βββββ907,785 | |
Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC); Series 2019, RB(e) | β7.00% | 03/01/2039 | Β | β1,160 | βββ1,075,512 | |
Houston (City of), TX Airport System (Continental Airlines, Inc.); Series 2011 A, Ref. RB(e) | β6.63% | 07/15/2038 | Β | β1,000 | βββ1,000,695 | |
Lower Colorado River Authority (LCRA Transmission Services Corp.); Series 2023 A, Ref. RB (INS - AGM)(f)(g) | β5.25% | 05/15/2053 | Β | 10,000 | ββ10,819,742 | |
Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB(d)(e) | β4.63% | 10/01/2031 | Β | β1,500 | βββ1,491,167 | |
New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community); Series 2016, Ref. RB | β5.00% | 07/01/2036 | Β | βββ600 | βββββ533,293 | |
New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford); | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2016 A, RB | β5.50% | 11/15/2046 | Β | βββ400 | βββββ329,826 | |
Series 2016 A, RB | β5.50% | 11/15/2052 | Β | β1,500 | βββ1,194,619 | |
New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The)); Series 2022, RB | β5.50% | 10/01/2027 | Β | β1,000 | βββββ985,617 | |
North Texas Tollway Authority; Series 2011 B, RB(h)(i)(j) | β0.00% | 09/01/2031 | Β | β7,000 | βββ3,415,595 | |
Port Beaumont Navigation District (Jefferson Gulf Coast Energy); Series 2024, RB(d)(e) | β5.00% | 01/01/2039 | Β | β1,000 | βββ1,000,000 | |
Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area); Series 2016, RB | β6.00% | 09/15/2046 | Β | βββ450 | βββββ446,300 | |
San Antonio (City of), TX; Series 2023 A, Ref. RB(f) | β5.50% | 02/01/2050 | Β | β5,750 | βββ6,401,119 | |
Sanger Industrial Development Corp. (Texas Pellets); Series 2012 B, RB (Acquired 09/04/2012; Cost $990,000)(b)(c)(e) | β8.00% | 07/01/2038 | Β | βββ990 | ββββββββββ99 | |
Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana); Series 2017, RB | β6.75% | 11/15/2052 | Β | β1,000 | βββ1,027,556 | |
Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home); Series 2017 A, RB (Acquired 12/15/2016; Cost $1,004,781)(b)(c) | β6.38% | 02/15/2052 | Β | β1,000 | βββββ550,000 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | ||
Texasβ(continued) | ||||||
Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way); Series 2020 A, RB (Acquired 01/04/2013-07/02/2014; Cost $865,226)(b)(c) | β5.75% | 12/01/2054 | Β | $βββ913 | $βββββ575,075 | |
Texas (State of) Water Development Board; | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2022, RB(f) | β4.80% | 10/15/2052 | Β | β2,000 | βββ2,072,019 | |
Series 2022, RB(f) | β5.00% | 10/15/2057 | Β | β1,000 | βββ1,050,096 | |
Β | Β | Β | Β | Β | 37,795,464 | |
Utahβ2.03% | ||||||
Salt Lake City (City of), UT; Series 2017 A, RB(e)(f) | β5.00% | 07/01/2047 | Β | β3,000 | βββ3,007,063 | |
Utah (State of) Charter School Finance Authority (Wallace Stegner Academy); Series 2022 A, RB(d) | β5.75% | 06/15/2052 | Β | β3,000 | βββ3,010,526 | |
Β | Β | Β | Β | Β | 6,017,589 | |
Virginiaβ0.63% | ||||||
Ballston Quarter Community Development Authority; | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2016 A-1, RB | β5.50% | 03/01/2046 | Β | βββ376 | βββββ326,613 | |
Series 2016 A-2, RB(l) | β7.13% | 03/01/2059 | Β | βββ902 | βββββ576,077 | |
Tobacco Settlement Financing Corp.; Series 2007 B-2, RB | β5.20% | 06/01/2046 | Β | β1,000 | βββββ961,989 | |
Β | Β | Β | Β | Β | 1,864,679 | |
Washingtonβ2.21% | ||||||
King (County of), WA Public Hospital District No. 4; Series 2015 A, RB | β6.25% | 12/01/2045 | Β | β1,000 | βββββ988,265 | |
Washington (State of) Convention Center Public Facilities District; Series 2018, RB(f)(k) | β5.00% | 07/01/2058 | Β | β3,225 | βββ3,268,685 | |
Washington (State of) Housing Finance Commission (Heronβs Key Senior Living); Series 2015 A, RB(d)(h)(i) | β7.00% | 07/01/2025 | Β | βββ740 | βββββ761,490 | |
Washington (State of) Housing Finance Commission (Presbyterian Retirement Communities Northwest); Series 2016 A, Ref. RB(d) | β5.00% | 01/01/2051 | Β | β2,000 | βββ1,555,957 | |
Β | Β | Β | Β | Β | 6,574,397 | |
West Virginiaβ0.94% | ||||||
Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District); Series 2019 A, RB(b)(d) | β5.75% | 06/01/2042 | Β | β1,495 | βββ1,046,480 | |
Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District); Series 2017 A, Ref. RB(d) | β5.75% | 06/01/2043 | Β | β1,000 | βββ1,018,920 | |
West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC); | ββββββ | Β | Β | ββββββ | ββββββββββββ | |
Series 2016, RB(b)(d)(e) | β7.25% | 02/01/2036 | Β | βββ750 | βββββ525,000 | |
Series 2018, RB(b)(d)(e) | β8.75% | 02/01/2036 | Β | βββ240 | βββββ192,000 | |
Β | Β | Β | Β | Β | 2,782,400 | |
Wisconsinβ3.88% | ||||||
Wisconsin (State of) Center District; Series 2020 D, RB (INS - AGM)(g)(j) | β0.00% | 12/15/2060 | Β | β5,000 | βββββ780,015 | |
Wisconsin (State of) Public Finance Authority; Series 2023 A, Ref. RB(d) | β6.25% | 10/01/2053 | Β | β1,000 | βββ1,015,728 | |
Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center); Series 2017 A, RB (Acquired 12/01/2017; Cost $1,965,476)(c)(d) | β6.85% | 10/01/2047 | Β | β2,000 | βββββ200,000 | |
Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands); Series 2017, RB(d) | β7.00% | 12/01/2050 | Β | β1,400 | βββ1,375,186 | |
Wisconsin (State of) Public Finance Authority (Coral Academy of Science Reno); Series 2022, RB(d) | β5.88% | 06/01/2052 | Β | βββ900 | βββββ894,491 | |
Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center); Series 2017 A, RB (Acquired 04/03/2017; Cost $982,664)(b)(c)(d) | β6.85% | 11/01/2046 | Β | β1,000 | βββββ550,000 | |
Wisconsin (State of) Public Finance Authority (Explore Academy); Series 2018 A, RB(d) | β6.13% | 02/01/2048 | Β | βββ985 | βββββ915,933 | |
Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center); Series 2018 A-1, RB(d) | β6.25% | 01/01/2038 | Β | β1,000 | βββββ450,000 | |
Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities); Series 2017 A, RB(e) | β7.25% | 06/01/2035 | Β | β2,500 | βββ2,362,592 | |
Wisconsin (State of) Public Finance Authority (Quality Education Academy); Series 2023, RB(d) | β6.25% | 07/15/2053 | Β | βββ475 | βββββ494,366 | |
Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences); Series 2015, Ref. RB | β5.88% | 04/01/2045 | Β | βββ660 | βββββ665,960 | |
Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy); Series 2022 A, RB(d) | β5.00% | 06/15/2057 | Β | β2,000 | βββ1,809,148 | |
Β | Β | Β | Β | Β | 11,513,419 | |
Total Municipal Obligations (Cost $416,717,410) | Β | Β | 406,339,728 |
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Β | Interest Rate | Maturity Date | Principal Amount (000) | Value | |
U.S. Dollar Denominated Bonds & Notesβ0.05% | |||||
Puerto Ricoβ0.05% | |||||
AES Puerto Rico, Inc. (Cost $140,659)(m) | 12.50% | 03/04/2026 | Β | $βββ145 | $βββββ140,176 |
Β | Β | Β | Shares | Β | |
Preferred Stocksβ0.00% | |||||
AES Puerto Rico, Inc., Pfd. (Cost $0)(m) | ββββββ | Β | Β | 13,681 | βββββββββββ0 |
TOTAL INVESTMENTS IN SECURITIES(n)β136.93% (Cost $416,858,069) | Β | 406,479,904 | |||
FLOATING RATE NOTE OBLIGATIONSβ(38.56)% | Β | Β | |||
Notes with interest and fee rates ranging from 3.88% to 4.03% at 05/31/2024 and contractual maturities of collateral ranging from 08/01/2030 to 07/01/2058(o) | ββββββ | Β | Β | ββββββ | (114,480,000) |
OTHER ASSETS LESS LIABILITIESβ1.63% | Β | 4,857,005 | |||
NET ASSETSβ100.00% | Β | $296,856,909 |
Investment Abbreviations:
AGM | β Assured Guaranty Municipal Corp. |
AMBAC | β American Municipal Bond Assurance Corp. |
CEP | β Credit Enhancement Provider |
COP | β Certificates of Participation |
GO | β General Obligation |
IDR | β Industrial Development Revenue Bonds |
INS | β Insurer |
NATL | β National Public Finance Guarantee Corp. |
Pfd. | β Preferred |
RB | β Revenue Bonds |
Ref. | β Refunding |
RN | β Revenue Notes |
Notes to Schedule of Investments:
(a) | Calculated as a percentage of net assets. Amounts in excess of 100% are due to the Trustβs use of leverage. |
(b) | Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at May 31, 2024 was $7,969,818, which represented 2.68% of the Trustβs Net Assets. |
(c) | Restricted security. The aggregate value of these securities at May 31, 2024 was $9,002,991, which represented 3.03% of the Trustβs Net Assets. |
(d) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the β1933 Actβ). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2024 was $66,012,626, which represented 22.24% of the Trustβs Net Assets. |
(e) | Security subject to the alternative minimum tax. |
(f) | Underlying security related to TOB Trusts entered into by the Trust. |
(g) | Principal and/or interest payments are secured by the bond insurance company listed. |
(h) | Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
(i) | Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
(j) | Zero coupon bond issued at a discount. |
(k) | Security is subject to a reimbursement agreement which may require the Trust to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Trust could ultimately be required to make under the agreement is $35,400,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. |
(l) | Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date. |
(m) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
(n) | This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuerβs obligations but may be called upon to satisfy the issuerβs obligations. |
Β Β Β Β
Entity | Percent |
Assured Guaranty Municipal Corp. | 6.35% |
Β Β Β Β
(o) | Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at May 31, 2024. At May 31, 2024, the Trustβs investments with a value of $160,455,060 are held by TOB Trusts and serve as collateral for the $114,480,000 in the floating rate note obligations outstanding at that date. |
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Municipal Income Opportunities Trust
Notes to Quarterly Schedule of Portfolio Holdings
May 31, 2024
(Unaudited)
NOTE 1βAdditional Valuation Information
Generally Accepted Accounting Principles ("GAAP")Β defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investmentβs assigned level:
Level 1 β Prices are determined using quoted prices in an active market for identical assets.
Level 2 β Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 β Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.βs assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of May 31, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
Β | Level 1 | Level 2 | Level 3 | Total |
Investments in Securities | Β | Β | Β | Β |
Municipal Obligations | $β | $405,485,942 | $853,786 | $406,339,728 |
U.S. Dollar Denominated Bonds & Notes | β | β | 140,176 | 140,176 |
Preferred Stocks | β | β | 0 | 0 |
Total Investments in Securities | β | 405,485,942 | 993,962 | 406,479,904 |
Other Investments - Assets | Β | Β | Β | Β |
Investments Matured | β | 1,148,394 | β | 1,148,394 |
Total Investments | $β | $406,634,336 | $993,962 | $407,628,298 |
Invesco Municipal Income Opportunities Trust