Aim Tax Exempt Funds NPORT-P Invesco Rochester Municipal Opportunities Fund (May 2023 report)

Schedule of Investments

May 31, 2023

(Unaudited)

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Municipal Obligations–113.86%(a)
Alabama–4.10%
Birmingham (City of) & Jefferson (County of), AL Civic Center Authority;
Series 2018 A, RB		4.00	%		07/01/2043	$	7,040	$        6,784,963
Series 2018 A, RB		5.00	%		07/01/2048		28,620	29,313,614
Series 2018 D, RB		5.00	%		05/01/2035		1,365	1,468,401
Series 2018 D, RB		5.00	%		05/01/2036		1,170	1,251,741
Series 2018, RB		5.00	%		05/01/2048		12,870	13,420,606
Birmingham (City of), AL; Series 2018 B, GO Wts.		5.00	%		12/01/2036		1,700	1,814,933
Homewood (City of), AL Educational Building Authority (Samford University); Series 2017 A, Ref. RB		5.00	%		12/01/2047		4,500	4,591,639
Hoover (City of), AL Industrial Development Board (United States Steel Corp.); Series 2019, RB(b)		5.75	%		10/01/2049		16,000	16,201,501
Jefferson (County of), AL;
Series 2013 C, Revenue Wts. (INS - AGM)(c)(d)		6.75	%		10/01/2046		20,045	20,711,480
Series 2013 C, Revenue Wts. (INS - AGM)(c)(d)		6.90	%		10/01/2050		17,500	18,075,285
Series 2013 D, Revenue Wts.		7.00	%		10/01/2051		25,000	26,455,975
Series 2013 D, Revenue Wts.		6.50	%		10/01/2053		31,500	33,277,343
Series 2013 F, Revenue Wts.(c)		7.50	%		10/01/2039		21,895	22,689,289
Series 2013 F, Revenue Wts.(c)		7.75	%		10/01/2046		30,000	31,072,269
Series 2013 F, Revenue Wts.(c)		7.90	%		10/01/2050		49,050	50,784,643
Mobile (City of), AL Improvement District (McGowin Park);
Series 2016 A, RB		5.25	%		08/01/2030		500	477,410
Series 2016 A, RB		5.50	%		08/01/2035		1,300	1,212,426
Mobile (County of), AL (Gomessa); Series 2020, Revenue Wts.(e)		4.00	%		11/01/2045		2,570	2,228,954
Muscle Shoals, Sheffield & Tuscumbia Solid Waste Disposal Authority (Cherokee Industrial Landfill);
Series 2020 A, RB(b)(e)		6.00	%		05/01/2040		6,000	4,500,000
Series 2020 B, RB(e)		8.00	%		05/01/2029		1,566	1,174,829
Southeast Energy Authority A Cooperative District (No. 2);
Series 2021 B, RB		4.00	%		06/01/2031		1,850	1,832,859
Series 2021 B, RB(f)		4.00	%		12/01/2031		4,275	4,195,771
Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); Series 2019 A, Ref. IDR(e)		5.25	%		05/01/2044		45,365	40,204,382
								333,740,313
Alaska–0.00%
Alaska (State of) Industrial Development & Export Authority (Boys & Girls Home & Family Services, Inc.);
Series 2007 C, RB(g)		5.88	%		12/01/2027		1,650	4,290
Series 2007 C, RB(g)		6.00	%		12/01/2036		500	1,300
University of Alaska; Series 2015 T, RB		5.00	%		10/01/2039		200	203,212
								208,802
Arizona–2.06%
Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital); Series 2014, Ref. RB		5.00	%		12/01/2039		13,550	13,739,873
Arizona (State of) Industrial Development Authority; Series 2019-2A, Revenue Ctfs.		3.63	%		05/20/2033		7,022	6,419,546
Arizona (State of) Industrial Development Authority (Academies of Math & Science);
Series 2018 B, RB(e)		5.50	%		07/01/2038		1,165	1,176,608
Series 2018 B, RB(e)		5.63	%		07/01/2048		2,250	2,233,440
Series 2018 B, RB(e)		5.75	%		07/01/2053		3,500	3,489,866
Arizona (State of) Industrial Development Authority (ACCEL Schools);
Series 2018 A, RB(e)		5.13	%		08/01/2038		2,515	2,379,054
Series 2018 A, RB(e)		5.25	%		08/01/2048		3,945	3,544,106
Arizona (State of) Industrial Development Authority (Franklin Phonetic Charter School);
Series 2017, Ref. RB(e)		5.50	%		07/01/2037		580	563,924
Series 2017, Ref. RB(e)		5.75	%		07/01/2047		680	645,201
Series 2017, Ref. RB(e)		5.88	%		07/01/2052		645	615,211

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Arizona–(continued)
Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado); Series 2019, RB(e)		5.00	%		07/01/2054	$	3,000	$        2,568,271
Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project);
Series 2018 A, RB(e)		5.25	%		12/15/2038		1,415	1,418,131
Series 2018 A, RB(e)		5.50	%		12/15/2048		2,260	2,238,524
Arizona (State of) Industrial Development Authority (Provident Group-NCCU Properties LLC); Series 2019 A, RB (INS - BAM)(d)		5.00	%		06/01/2049		2,250	2,403,578
Cadence Community Facilities District (Assessment District No. 1); Series 2019, RB		4.50	%		07/01/2043		445	393,265
East San Luis (City of), AZ Community Facilities District (Assessment Area One); Series 2007, RB(h)		6.38	%		01/01/2028		550	508,405
East San Luis (City of), AZ Community Facilities District (Assessment Area Two); Series 2009, Ref. RB(g)(h)		8.50	%		01/01/2028		140	91,000
Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus); Series 2017, Ref. RB		5.00	%		11/15/2045		3,100	2,504,700
La Paz (County of), AZ Industrial Development Authority (Charter School Solutions- Harmony Public Schools);
Series 2018 A, RB		5.00	%		02/15/2038		500	501,433
Series 2018 A, RB		5.00	%		02/15/2048		1,200	1,153,708
Maricopa (County of), AZ Industrial Development Authority (Christian Care Surprise, Inc.); Series 2016, RB(e)		6.00	%		01/01/2048		11,475	7,969,967
Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona);
Series 2017 C, RB		5.00	%		07/01/2037		220	227,120
Series 2017 C, RB		5.00	%		07/01/2048		405	411,540
Merrill Ranch Community Facilities District No. 1 (Assessment Area One); Series 2006, RB		5.25	%		07/01/2024		93	93,030
Merrill Ranch Community Facilities District No. 2; Series 2016, GO Bonds		5.25	%		07/15/2040		810	839,517
Merrill Ranch Community Facilities District No. 2 (Assessment Area One);
Series 2006, RB		5.25	%		07/01/2024		86	86,028
Series 2006, RB		5.30	%		07/01/2030		397	396,991
Parkway Community Facilities District No. 1 Prescott Valley;
Series 2006, GO Bonds		5.30	%		07/15/2025		265	248,794
Series 2006, GO Bonds		5.35	%		07/15/2031		350	279,910
Phoenix (City of), AZ Industrial Development Authority (Espiritu Community Development Corp. Charter School); Series 2006 A, RB		6.25	%		07/01/2036		1,545	1,451,685
Phoenix (City of), AZ Industrial Development Authority (Freedom Academy, Inc.); Series 2016, RB(e)		5.50	%		07/01/2046		4,135	4,169,696
Phoenix (City of), AZ Industrial Development Authority (Gourmet Boutique West LLC); Series 2007 B, IDR(b)		5.88	%		11/01/2037		2,485	2,236,519
Phoenix (City of), AZ Industrial Development Authority (The) (Downtown Phoenix Student Housing, LLC– Arizona State University); Series 2018 A, Ref. RB		5.00	%		07/01/2042		1,000	1,003,963
Phoenix (City of), AZ Industrial Development Authority (The) (Overland Crossing); Series 2022, RB(e)		9.50	%		04/01/2052		7,900	7,110,596
Phoenix (City of), AZ Industrial Development Authority (Vista College Preparatory); Series 2018 A, RB		5.00	%		07/01/2048		1,185	1,223,505
Phoenix Civic Improvement Corp.; Series 2018, RB(b)		5.00	%		07/01/2048		10,000	10,233,225
Pima (County of), AZ Industrial Development Authority;
Series 2021, RB(e)		5.00	%		07/01/2056		2,285	1,940,664
Series 2022, RB(e)		6.88	%		11/15/2052		7,500	7,533,207
Series 2022, RB(e)		7.00	%		11/15/2057		3,975	3,991,132
Pima (County of), AZ Industrial Development Authority (American Leadership Academy); Series 2015, Ref. RB(e)		5.63	%		06/15/2045		2,250	2,240,094
Pima (County of), AZ Industrial Development Authority (Arizona Charter Schools Ref.); Series 2013 Q, Ref. RB		5.38	%		07/01/2031		2,375	2,314,965
Pima (County of), AZ Industrial Development Authority (Christian Care Tuscon, Inc.);
Series 2017 A, Ref. RB(f)(i)		5.00	%		06/15/2025		1,550	1,611,285
Series 2017 C, RB(f)(i)		5.00	%		06/15/2025		2,830	2,941,895
Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The));
Series 2016, Ref. RB(e)		5.50	%		09/01/2046		2,400	2,158,961
Pima (County of), AZ Industrial Development Authority (Milestones Charter School Refunding); Series 2017 A, Ref. RB(e)		6.50	%		11/01/2047		5,530	4,948,273

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Arizona–(continued)
Pima (County of), AZ Industrial Development Authority (P.L.C. Charter Schools);
Series 2016, Ref. RB(e)		6.00	%		12/01/2036	$	3,315	$        3,344,039
Series 2016, Ref. RB(e)		6.00	%		12/01/2046		6,310	6,224,003
Pima (County of), AZ Industrial Development Authority (Paideia Academies (The));
Series 2015, RB(e)		6.00	%		07/01/2035		1,025	1,034,290
Series 2015, RB(e)		6.13	%		07/01/2045		3,310	3,315,220
Series 2019, RB		5.13	%		07/01/2039		650	603,844
Series 2019, RB		5.25	%		07/01/2049		810	719,674
Pinal (County of), AZ Industrial Development Authority; Series 2021 C, RB(b)(e)		5.50	%		10/01/2033		20,560	19,457,135
Pinal (County of), AZ Industrial Development Authority (Green Bonds); Series 2021 B, RB(b)(c)		5.50	%		10/01/2033		5,853	5,539,037
Pinal (County of), AZ Industrial Development Authority (San Manuel Facility); Series 2006, RB(b)		6.25	%		06/01/2026		275	273,870
Show Low Bluff Community Facilities District (Assessment Area One); Series 2007, RB(e)		5.60	%		07/01/2031		181	163,579
Southside Community Facilities District No. 1; Series 2008, RB(h)		7.25	%		07/01/2032		929	732,941
Tempe (City of), AZ Industrial Development Authority; Series 2022 A, RB(e)		6.50	%		08/01/2048		3,640	3,712,952
Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU);
Series 2017 A, RB(e)		6.00	%		10/01/2037		1,010	712,183
Series 2017 A, RB(e)		6.13	%		10/01/2047		2,300	1,435,774
Series 2017 A, RB(e)		6.13	%		10/01/2052		2,360	1,429,292
Verrado Community Facilities District No. 1;
Series 2013 A, Ref. GO Bonds(e)		6.00	%		07/15/2027		1,800	1,801,390
Series 2013 B, GO Bonds(e)		5.70	%		07/15/2029		675	675,237
Series 2013 B, GO Bonds(e)		6.00	%		07/15/2033		610	610,153
								168,035,019
Arkansas–0.10%
Cave Springs Municipal Property Owners’ Improvement District No. 3; Series 2007, GO Bonds(h)		6.25	%		02/01/2038		4,455	4,455,000
Crystal Valley Metropolitan District No. 2; Series 2022, GO Bonds(e)		7.25	%		12/01/2052		3,600	3,421,945
								7,876,945
California–12.57%
Blythe (City of), CA Redevelopment Agency Successor Agency (Project No. 1); Series 2000 A, RB		6.20	%		05/01/2031		135	135,254
California (State of);
Series 2019, GO Bonds		5.00	%		04/01/2049		3,200	3,430,151
Series 2021, GO Bonds		4.00	%		10/01/2039		8,105	8,305,545
Series 2021, Ref. GO Bonds		4.00	%		10/01/2041		6,565	6,635,226
Series 2022, GO Bonds(j)		5.00	%		04/01/2047		27,035	29,835,602
Series 2022, GO Bonds		4.00	%		04/01/2049		13,000	12,843,737
Series 2022, Ref. GO Bonds		4.00	%		09/01/2042		11,080	11,160,471
Series 2023, GO Bonds		4.00	%		10/01/2050		7,000	6,898,926
Series 2023, GO Bonds		5.25	%		10/01/2050		8,750	9,931,149
California (State of) County Tobacco Securitization Agency;
Series 2006 A, RB(k)		0.00	%		06/01/2050		520,920	100,221,674
Series 2006 B, RB(k)		0.00	%		06/01/2050		107,400	17,985,172
California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.);
Series 2002, RB		5.88	%		06/01/2035		620	630,240
Series 2002, RB		6.00	%		06/01/2042		19,120	19,436,103
Series 2006 C, RB(k)		0.00	%		06/01/2055		212,950	19,277,214
California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.);
Series 2002, RB		6.13	%		06/01/2038		5,000	5,003,051
Series 2006 A, RB(k)		0.00	%		06/01/2046		127,310	29,252,312
Series 2006 B, RB(k)		0.00	%		06/01/2046		33,920	7,535,657
Series 2006 C, RB(k)		0.00	%		06/01/2055		215,100	22,097,159
California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.); Series 2002 A, RB		5.88	%		06/01/2043		3,565	3,565,098
California (State of) Housing Finance Agency; Series 2019 A-1, RB		4.25	%		01/15/2035		573	568,502
California (State of) Infrastructure & Economic Development Bank; Series 2019, RB(j)		5.00	%		05/15/2052		31,530	33,330,817

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
California–(continued)
California (State of) Municipal Finance Authority (Linxs APM);
Series 2018 A, RB(b)		5.00	%		12/31/2047	$	13,845	$      13,962,750
Series 2018 B, RB(b)		5.00	%		06/01/2048		2,575	2,588,465
California (State of) Pollution Control Financing Authority (Aemerge Redpak Services Southern California LLC); Series 2017, RB (Acquired 08/15/2017; Cost $3,000,000)(b)(e)(g)(l)		8.00	%		12/01/2027		3,000	180,000
California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds);
Series 2017, RB (Acquired 05/25/2017; Cost $5,914,802)(b)(e)(g)(l)		7.50	%		07/01/2032		6,075	303,750
Series 2017, RB (Acquired 05/25/2017-07/17/2018; Cost $15,389,964)(b)(e)(g)(l)		8.00	%		07/01/2039		14,995	749,750
Series 2020, RB(b)(e)(g)		7.50	%		07/01/2032		2,650	344,500
California (State of) Public Finance Authority (Kendal at Ventura); Series 2023 A-C, RB(e)		10.00	%		05/15/2028		3,000	2,959,775
California (State of) School Finance Authority (Escuela Popular); Series 2017, RB(e)		6.50	%		07/01/2050		4,130	4,161,983
California (State of) School Finance Authority (Grimmway Schools Obligated Group); Series 2016 A, RB(e)		5.25	%		07/01/2051		5,945	5,833,417
California (State of) School Finance Authority (Kepler Neighborhood School);
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(e)		5.00	%		05/01/2027		300	296,842
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(e)		5.75	%		05/01/2037		900	902,444
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(e)		5.88	%		05/01/2047		1,230	1,204,420
California (State of) School Finance Authority (Rocketship Education);
Series 2017 A, RB(e)		5.13	%		06/01/2047		595	553,493
Series 2017 A, RB(e)		5.25	%		06/01/2052		665	617,464
California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts); Series 2019, RB(e)		5.25	%		07/01/2052		1,450	1,314,082
California (State of) Statewide Communities Development Authority (Yucaipa Valley Water Reservoir); Series 2014, RB		6.00	%		09/02/2044		7,200	7,259,042
California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program);
Series 2002 A, RB		6.00	%		05/01/2037		3,615	3,677,946
Series 2002 B, RB		6.00	%		05/01/2043		12,035	12,244,996
Series 2002, RB		6.00	%		05/01/2043		100	101,745
Del Mar Race Track Authority; Series 2015, Ref. RB		5.00	%		10/01/2038		3,285	3,119,364
Fresno Unified School District; Series 2016 B, Ref. GO Bonds(k)		0.00	%		08/01/2042		7,780	3,435,106
Irvine Facilities Financing Authority (Irvine Great Park Infrastructure); Series 2023, RB (INS - BAM)(d)		4.00	%		09/01/2058		5,000	4,758,181
Lathrop (City of), CA (Community Facilities District No. 03-2); Series 2003, RB		7.00	%		09/01/2033		965	967,557
Long Beach (City of), CA (Green Bonds); Series 2017 B, RB(b)		5.00	%		05/15/2043		4,000	4,110,908
Long Beach Unified School District (Election of 2016); Series 2023 C, GO Bonds		4.00	%		08/01/2050		7,500	7,358,834
Los Angeles (City of), CA Department of Airports;
Series 2018, RB(b)(j)		5.00	%		05/15/2043		25,000	25,989,463
Series 2020 C, RB(b)		4.00	%		05/15/2050		18,030	16,613,549
Series 2021 A, Ref. RB(b)		5.00	%		05/15/2051		8,150	8,468,175
Series 2021 D, Ref. RB(b)		4.00	%		05/15/2051		25,375	23,208,384
Series 2022 A, RB(b)		4.00	%		05/15/2049		18,575	17,135,190
Series 2022 H, RB(b)		5.25	%		05/15/2047		8,000	8,528,798
Series 2022 H, RB(b)		5.00	%		05/15/2052		4,490	4,669,988
Series 2022, RB(b)(j)		5.00	%		05/15/2047		25,205	25,657,636
Series 2022, RB(b)(j)		5.00	%		05/15/2048		30,000	30,963,495
Los Angeles (City of), CA Department of Airports (Green Bonds); Series 2022 G, RB(b)		5.00	%		05/15/2052		4,485	4,671,210
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport);
Series 2018 A, RB(b)		5.00	%		05/15/2035		1,000	1,054,101
Series 2018 A, RB(b)		5.00	%		05/15/2036		1,385	1,451,918
Los Angeles County Facilities, Inc. (Vermont Corridor County Administration Building); Series 2018 A, RB		5.00	%		12/01/2051		18,145	19,223,218
Morongo Band of Mission Indians (The); Series 2018 A, RB(e)		5.00	%		10/01/2042		4,500	4,434,448
Placer (County of), CA (Placer Corporate Center Assessment District No. 1); Series 2000, RB		6.50	%		09/02/2030		45	45,242
Placer (County of), CA Community Facilities District;
Series 2021, RB		4.00	%		09/01/2046		2,450	2,138,366
Series 2021, RB		4.00	%		09/01/2051		3,270	2,768,151
Regents of the University of California Medical Center;
Series 2022 P, RB		5.00	%		05/15/2047		15,000	16,356,872
Series 2022 P, RB(j)(m)		5.00	%		05/15/2047		40,000	43,618,324
Series 2022 P, RB		4.00	%		05/15/2053		9,500	8,666,052

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
California–(continued)
Regional Airports Improvement Corp. (Los Angeles International Airport - Continental Airlines, Inc. Cargo Facilities); Series 1994, RB(b)		9.25	%		08/01/2024	$	3,040	$        3,056,055
Sacramento (City of), CA (Convention Center Complex); Series 2018 A, RB		5.00	%		06/01/2048		10,000	10,370,570
San Diego (County of), CA Regional Airport Authority;
Series 2021 B, RB (INS - AGM)(b)(d)		4.00	%		07/01/2051		16,750	15,416,142
Series 2021 B, RB(b)		5.00	%		07/01/2051		30,915	31,904,277
Series 2021 B, RB(b)		4.00	%		07/01/2056		14,145	12,734,142
Series 2021 B, RB(b)		5.00	%		07/01/2056		10,000	10,240,699
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport);
Second Series 2022 A, Ref. RB(b)		4.00	%		05/01/2052		5,750	5,282,124
Series 2014 A, RB(b)		5.00	%		05/01/2044		14,100	14,112,457
Series 2016, RB(b)		5.00	%		05/01/2046		20,630	20,894,233
Series 2019 A, RB(b)		5.00	%		05/01/2049		4,700	4,835,483
Series 2019 E, RB(b)		5.00	%		05/01/2050		58,000	59,621,570
Silicon Valley Tobacco Securitization Authority (Santa Clara);
Series 2007 A, RB(k)		0.00	%		06/01/2036		60,785	29,352,846
Series 2007 A, RB(k)		0.00	%		06/01/2047		58,990	14,378,004
Series 2007 B, RB(k)		0.00	%		06/01/2047		13,505	3,253,535
Series 2007 C, RB(k)		0.00	%		06/01/2056		61,600	5,672,923
Stockton Unified School District (Election of 2008);
Series 2011 D, GO Bonds (INS - AGM)(d)(k)		0.00	%		08/01/2037		6,245	3,589,655
Series 2011 D, GO Bonds (INS - AGM)(d)(k)		0.00	%		08/01/2038		12,115	6,628,607
Series 2011 D, GO Bonds (INS - AGM)(d)(k)		0.00	%		08/01/2041		14,735	6,892,563
Series 2011 D, GO Bonds (INS - AGM)(d)(k)		0.00	%		08/01/2043		17,145	7,263,687
Sweetwater Union High School District; Series 2022, GO Bonds(j)		5.00	%		08/01/2052		47,500	51,240,293
University of California; Series 2021 BH, Ref. RB		4.00	%		05/15/2051		3,000	2,951,669
West County Facilities Financing Authority (Green Bonds); Series 2021, RB		4.00	%		06/01/2051		7,000	6,739,650
								1,023,179,638
Colorado–9.90%
3rd and Havana Metropolitan District;
Series 2020 A, GO Bonds		4.50	%		12/01/2030		2,485	2,283,721
Series 2020 A, GO Bonds		5.25	%		12/01/2049		5,200	4,366,413
Series 2020 B, GO Bonds		7.75	%		12/15/2049		1,925	1,733,354
Amber Creek Metropolitan District;
Series 2017 A, Ref. GO Bonds		5.13	%		12/01/2047		1,029	921,467
Series 2017 B, GO Bonds		7.75	%		12/15/2047		464	428,787
Arista Metropolitan District;
Series 2018 A, Ref. GO Bonds		5.00	%		12/01/2038		1,240	1,200,431
Series 2018 A, Ref. GO Bonds		5.13	%		12/01/2048		3,500	3,240,004
Aspen Street Metropolitan District; Series 2021 A, GO Bonds		5.13	%		12/01/2050		1,075	853,240
Aurora Crossroads Metropolitan District No. 2;
Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,625	2,294,838
Series 2020 B, GO Bonds		7.75	%		12/15/2050		4,500	4,133,404
Aurora Highlands Community Authority Board; Series 2021 A, Ref. RB		5.75	%		12/01/2051		25,000	22,435,882
Banning Lewis Ranch Metropolitan District No. 4; Series 2018 A, GO Bonds		5.75	%		12/01/2048		3,259	3,258,759
Banning Lewis Ranch Metropolitan District No. 5;
Series 2018 A, GO Bonds		5.75	%		12/01/2048		2,195	2,194,484
Series 2018 B, GO Bonds		8.00	%		12/15/2048		500	474,234
Base Village Metropolitan District No. 2;
Series 2016 A, Ref. GO Bonds		5.75	%		12/01/2046		3,100	3,105,129
Series 2016 B, Ref. GO Bonds		6.50	%		12/15/2048		3,500	2,331,018
Baseline Metropolitan District No. 1; Series 2021 B, GO Bonds		7.50	%		12/15/2051		2,190	1,977,197
Bella Mesa Metropolitan District; Series 2020 A, GO Bonds(c)(e)		6.75	%		12/01/2049		3,785	3,204,032
Belleview Village Metropolitan District; Series 2020, GO Bonds		4.95	%		12/01/2050		870	717,437
Berthoud-Heritage Metropolitan District No. 1; Series 2019, RB		5.63	%		12/01/2048		3,000	2,864,623
Blue Lake Metropolitan District No. 3; Series 2018 A, GO Bonds		5.25	%		12/01/2048		1,722	1,542,059
BNC Metropolitan District No. 1; Series 2017 B, GO Bonds		7.38	%		12/15/2047		461	432,905
Board of Governors of Colorado State University System; Series 2015 A, RB		4.13	%		03/01/2055		6,300	5,906,266

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Colorado–(continued)
Brighton Crossing Metropolitan District No. 4; Series 2017 B, GO Bonds		7.00	%		12/15/2047	$	670	$           615,793
Brighton Crossing Metropolitan District No. 6; Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,000	1,696,607
Bristol Metropolitan District; Series 2022, GO Bonds		7.50	%		12/15/2050		766	750,714
Broadway Station Metropolitan District No. 3; Series 2019, GO Bonds		5.00	%		12/01/2049		1,750	1,351,398
Bromley Park Metropolitan District No. 2; Series 2018 B, Ref. GO Bonds		6.38	%		12/15/2047		1,000	971,624
Buffalo Ridge Metropolitan District; Series 2018 B, GO Bonds		7.38	%		12/15/2047		1,498	1,431,397
Canyons Metropolitan District No. 3; Series 2021, GO Bonds		5.50	%		12/01/2051		15,270	12,925,319
Canyons Metropolitan District No. 5; Series 2017 A, Ref. GO Bonds		6.13	%		12/01/2047		4,500	4,375,018
Canyons Metropolitan District No. 6; Series 2017 A, Ref. GO Bonds		6.13	%		12/01/2047		2,000	1,944,452
Castleview Metropolitan District No. 1; Series 2021 A, GO Bonds		5.00	%		12/01/2050		4,720	3,756,298
Centerra Metropolitan District No. 1 (In the City of Loveland);
Series 2020 A, Ref. GO Bonds		5.00	%		12/01/2051		4,000	3,442,438
Series 2022, RB		6.50	%		12/01/2053		6,850	6,886,229
Cherrylane Metropolitan District;
Series 2018 A, GO Bonds		5.25	%		12/01/2047		1,308	1,227,518
Series 2018 B, GO Bonds		7.38	%		12/15/2047		574	526,426
Cielo Metropolitan District; Series 2021, GO Bonds		5.25	%		12/01/2050		2,500	2,019,626
City Center West Commercial Metropolitan District;
Series 2020 A, Ref. GO Bonds		7.00	%		12/01/2049		3,995	3,956,989
Series 2020 B, GO Bonds		9.00	%		12/15/2049		581	575,254
Clear Creek Station Metropolitan District No. 2; Series 2017 B, GO Bonds		7.38	%		12/15/2047		500	468,514
Clear Creek Transit Metropolitan District No. 2;
Series 2021 A, GO Bonds		5.00	%		12/01/2041		575	522,521
Series 2021 A, GO Bonds		5.00	%		12/01/2050		1,000	858,862
Series 2021 B, GO Bonds		7.90	%		12/15/2050		1,165	1,047,810
Colliers Hill Metropolitan District No. 1; Series 2019 B, Ref. GO Bonds		8.00	%		12/15/2048		1,500	1,392,406
Colliers Hill Metropolitan District No. 2; Series 2022, Ref. GO Bonds		5.75	%		12/15/2047		2,250	2,104,386
Colorado (State of) Health Facilities Authority (Aberdeen Ridge);
Series 2021 A, RB		5.00	%		05/15/2049		1,500	1,133,131
Series 2021 A, RB		5.00	%		05/15/2058		3,250	2,350,113
Colorado (State of) Health Facilities Authority (CommonSpirit Health); Series 2019 A-2, Ref. RB		5.00	%		08/01/2044		5,190	5,343,478
Colorado (State of) Health Facilities Authority (Intermountain Healthcare); Series 2022 A, Ref. RB		4.00	%		05/15/2052		22,500	21,295,017
Colorado (State of) Health Facilities Authority (SCL Health System); Series 2019 B, Ref. RB		4.00	%		01/01/2040		3,000	2,937,799
Colorado (State of) Health Facilities Authority (Volunteers of America Care); Series 2007 A, RB		5.30	%		07/01/2037		510	399,590
Colorado (State of) International Center Metropolitan District No. 3; Series 2018 B, GO Bonds		7.50	%		12/15/2038		943	902,013
Colorado (State of) International Center Metropolitan District No. 8; Series 2020, GO Bonds		6.50	%		12/01/2050		15,000	13,646,334
Colorado Crossing Metropolitan District No. 2;
Series 2020 A-2, GO Bonds		5.00	%		12/01/2050		7,705	5,753,264
Series 2020 B, GO Bonds(e)		7.50	%		12/15/2050		3,490	3,052,839
Copper Ridge Metropolitan District;
Series 2019, RB		5.00	%		12/01/2039		4,250	3,926,015
Series 2019, RB		5.00	%		12/01/2043		2,750	2,451,888
Country Club Highlands Metropolitan District; Series 2007, GO Bonds(h)		7.25	%		12/01/2037		1,025	943,000
Creekside Village Metropolitan District;
Series 2019 A, GO Bonds		5.00	%		12/01/2039		1,260	1,198,810
Series 2019 A, GO Bonds		5.00	%		12/01/2049		2,118	1,909,053
Series 2019, GO Bonds		7.75	%		12/15/2049		568	518,183
Dacono Urban Renewal Authority; Series 2020, RB		6.25	%		12/01/2039		2,632	2,479,827
Denver (City & County of), CO;
Series 2018 A, Ref. RB(b)		5.00	%		12/01/2035		1,010	1,063,503
Series 2018 A, Ref. RB(b)		5.25	%		12/01/2048		18,445	19,111,385
Series 2021 A, RB		4.00	%		08/01/2051		10,000	9,654,191
Series 2022 A, RB(b)		5.50	%		11/15/2038		1,795	2,020,331
Series 2022 A, RB(b)		5.00	%		11/15/2047		15,000	15,667,891
Series 2022 A, RB(b)		4.13	%		11/15/2053		7,000	6,557,236
Series 2022 A, RB(b)		5.50	%		11/15/2053		7,250	7,855,993
Series 2022 D, Ref. RB(b)		5.75	%		11/15/2045		10,000	11,216,731
Series 2022 D, Ref. RB(b)		5.00	%		11/15/2053		28,000	29,113,946

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Colorado–(continued)
Series 2022, RB(j)		4.00	%		08/01/2051	$	18,990	$      18,333,309
Series 2022, RB(b)(j)		5.00	%		11/15/2053		13,500	14,037,081
Denver (City & County of), CO (United Airlines, Inc.); Series 2017, Ref. RB(b)		5.00	%		10/01/2032		56,185	56,210,441
Denver Gateway Center Metropolitan District;
Series 2018 A, GO Bonds		5.50	%		12/01/2038		1,355	1,332,822
Series 2018 A, GO Bonds		5.63	%		12/01/2048		2,130	2,037,054
Denver International Business Center Metropolitan District No. 1; Series 2019 B, GO Bonds		6.00	%		12/01/2048		2,290	2,263,954
Deutsche Bank Spears/Lifers Trust; Series 2013, RB(f)(i)(j)		5.00	%		01/01/2024		14,350	14,491,062
Dinosaur Ridge Metropolitan District; Series 2019 A, Ref. RB		5.00	%		06/01/2049		1,205	1,086,824
Dominion Water & Sanitation District; Series 2022, Ref. RB		5.88	%		12/01/2052		20,000	19,459,596
Dublin North Metropolitan District No. 2; Series 2018 A, GO Bonds(f)(i)		5.13	%		12/01/2023		1,637	1,697,935
E-86 Metropolitan District; Series 2021 A, GO Bonds		5.13	%		12/01/2051		1,015	828,203
Eagle County School District No. Re50J; Series 2021, COP (INS - AGM)(d)		4.00	%		12/01/2051		7,105	6,650,536
Eagle River Water and Sanitation District; Series 2020 A, RB (INS - AGM)(d)		4.00	%		12/01/2045		1,250	1,233,590
Elbert & Highway 86 Commercial Metropolitan District;
Series 2021 A, Ref. GO Bonds(e)		5.00	%		12/01/2041		1,700	1,524,975
Series 2021 A, Ref. GO Bonds(e)		5.00	%		12/01/2051		2,000	1,660,161
Series 2021 B, GO Bonds(e)		8.00	%		12/15/2051		1,910	1,703,698
Elbert (County of), CO Highway 86 Metropolitan District; Series 2016, Ref. GO Bonds(e)		5.75	%		12/01/2046		2,600	2,548,180
Erie Commons Metropolitan District No. 2; Series 2019 B, Ref. GO Bonds		6.95	%		12/15/2054		3,100	2,835,147
Evan’s Place Metropolitan District; Series 2020 A, GO Bonds		5.00	%		12/01/2050		1,575	1,359,430
First Creek Village Metropolitan District; Series 2019 B, GO Bonds		6.75	%		08/01/2049		515	506,206
Fitzsimons Village Metropolitan District No. 1; Series 2020, Ref. GO Bonds		5.00	%		12/01/2049		1,036	901,738
Fitzsimons Village Metropolitan District No. 3; Series 2021 A-2, GO Bonds		7.00	%		12/01/2041		7,875	6,298,448
Flying Horse Metropolitan District No. 3; Series 2019, Ref. GO Bonds(e)		6.00	%		12/01/2049		2,965	2,800,473
Forest Trace Metropolitan District No. 3; Series 2020 B, GO Bonds		7.88	%		12/15/2049		933	911,334
Geos Neighborhood Metropolitan District; Series 2021, GO Bonds(c)		6.13	%		12/01/2050		3,075	2,533,374
Grand Junction (City of), CO Dos Rios General Improvement District; Series 2021, RB(e)		4.75	%		12/01/2051		3,000	2,289,011
Green Valley Ranch East Metropolitan District No. 6; Series 2020 A, GO Bonds		5.88	%		12/01/2050		3,325	3,166,612
Haskins Station Metropolitan District; Series 2019 A, GO Bonds		5.00	%		12/01/2049		925	793,863
Highlands-Mead Metropolitan District;
Series 2020 B, GO Bonds(e)		7.75	%		12/15/2050		515	470,937
Series 2020, GO Bonds		5.13	%		12/01/2050		1,395	1,227,601
HM Metropolitan District No. 2; Series 2021, GO Bonds(c)		5.75	%		12/01/2051		24,038	11,963,222
Home Place Metropolitan District; Series 2020 A, GO Bonds		5.75	%		12/01/2050		2,340	2,250,143
Hunters Overlook Metropolitan District No. 5; Series 2019 B, GO Bonds		8.50	%		12/15/2049		1,825	1,697,882
Hunting Hill Metropolitan District; Series 2018, Ref. GO Bonds		5.63	%		12/01/2048		5,015	4,864,618
Interpark Metropolitan District; Series 2018, GO Bonds(e)		5.50	%		12/01/2023		1,614	1,630,250
Interquest South Business Improvement District; Series 2017, GO Bonds		5.00	%		12/01/2047		1,365	1,240,748
Jefferson (County of), CO Center Metropolitan District No. 1; Series 2020 B, Ref. RB		5.75	%		12/15/2050		9,909	9,505,876
Johnstown North Metropolitan District No. 2;
Series 2022 A, GO Bonds		7.00	%		08/15/2052		3,015	3,054,359
Series 2022 B, GO Bonds		9.13	%		09/01/2052		2,000	2,036,475
Jones District Community Authority Board; Series 2020 A, RB(c)		5.75	%		12/01/2050		6,800	5,702,793
Karl’s Farm Metropolitan District No. 2; Series 2020 A, GO Bonds(e)		5.63	%		12/01/2050		1,695	1,558,601
Karl’s Farm Metropolitan District No. 3; Series 2021, GO Bonds		5.75	%		12/01/2051		6,295	5,392,561
Kinston Metropolitan District No. 5;
Series 2020 A, GO Bonds		5.13	%		12/01/2050		3,900	3,100,192
Series 2020 B, GO Bonds		7.50	%		12/15/2052		3,850	3,432,166
Ledge Rock Center Commercial Metropolitan District;
Series 2022, GO Bonds(e)		7.00	%		11/01/2052		7,000	6,930,517
Series 2022, GO Bonds(e)		7.38	%		11/01/2052		10,830	10,726,243
Series 2022, GO Bonds(e)		9.25	%		12/01/2052		9,189	9,184,327
Leyden Ranch Metropolitan District;
Series 2017 B, GO Bonds		7.00	%		12/15/2047		500	464,158
Series 2017 C, GO Bonds		11.00	%		12/15/2050		600	563,975
Littleton Village Metropolitan District No. 2; Series 2018, Ref. GO Bonds		7.63	%		12/15/2028		1,140	1,123,185

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Colorado–(continued)
Lochbuie Station Residential Metropolitan District;
Series 2020 A, GO Bonds		5.75	%		12/01/2050	$	1,185	$        1,141,381
Series 2020 B, GO Bonds		8.00	%		12/15/2050		521	481,699
Meadowlark Metropolitan District;
Series 2020 A, GO Bonds		5.13	%		12/01/2050		750	650,946
Series 2020 B, GO Bonds		7.63	%		12/15/2050		607	554,812
Millers Landing Business Improvement District;
Series 2018 A, RB(e)		6.00	%		12/01/2048		7,960	7,420,810
Series 2018 B, RB(e)		8.00	%		12/01/2048		2,185	2,007,617
Mirabelle Metropolitan District No. 2; Series 2020 B, GO Bonds		7.38	%		12/15/2049		1,473	1,334,765
Morgan Hill Metropolitan District No. 3; Series 2021 B, GO Bonds		6.38	%		12/15/2051		1,460	1,330,356
Mountain Shadows Metropolitan District; Series 2016, Ref. GO Bonds		5.00	%		12/01/2046		1,000	916,020
Mountain Sky Metropolitan District; Series 2020 A, GO Bonds		5.00	%		12/01/2049		980	875,996
Mulberry Metropolitan District No. 2;
Series 2022 B, GO Bonds		9.00	%		12/15/2052		2,500	2,537,737
Series 2022, RB		7.00	%		12/01/2034		5,000	5,080,458
Murata Farms Residential Metropolitan District; Series 2022, GO Bonds		6.13	%		12/01/2051		4,205	3,760,695
North Holly Metropolitan District; Series 2018 A, GO Bonds		5.50	%		12/01/2048		1,760	1,684,484
North Range Metropolitan District No. 3; Series 2020 A, GO Bonds		5.25	%		12/01/2050		7,320	6,531,061
Painted Prairie Public Improvement Authority; Series 2019, RB		5.00	%		12/01/2049		17,000	15,255,071
Penrith Park Metropolitan District;
Series 2019 A, GO Bonds		5.00	%		12/01/2049		1,705	1,536,796
Series 2019 B, GO Bonds		8.75	%		12/15/2049		900	837,453
Pinon Pines Metropolitan District No. 2; Series 2020, GO Bonds		5.00	%		12/01/2050		1,195	1,048,457
Powhaton Road Metropolitan District No. 2; Series 2019 A, GO Bonds(f)(i)		5.63	%		12/01/2023		2,290	2,378,511
Prairie Farm Metropolitan District;
Series 2018 A, GO Bonds		5.25	%		12/01/2048		2,290	2,300,351
Series 2018 B, GO Bonds		7.38	%		12/15/2048		1,270	1,244,305
Pronghorn Valley Metropolitan District; Series 2021 A, GO Bonds		4.00	%		12/01/2051		650	481,312
Pueblo Urban Renewal Authority (Evraz); Series 2021, RB(e)		4.75	%		12/01/2045		5,375	3,655,000
PV-ERU Holding Trust; Series 2019, RB(k)		0.00	%		02/14/2039		12,585	2,642,850
Raindance Metropolitan District No. 2; Series 2019 B, GO Bonds		7.50	%		12/15/2049		2,285	2,071,695
Remuda Ranch Metropolitan District;
Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,300	2,025,725
Series 2020 B, GO Bonds		7.63	%		12/15/2050		573	520,369
Rendezvous Metropolitan District No. 4; Series 2018 A, GO Bonds		5.63	%		12/01/2048		4,340	4,209,859
Ridgeline Vista Metropolitan District; Series 2021 A, GO Bonds		5.25	%		12/01/2060		1,000	946,752
Ritoro Metropolitan District; Series 2019 A, GO Bonds		5.00	%		12/01/2049		2,000	1,832,728
Riverwalk Metropolitan District No. 2;
Series 2022 A, RB		5.00	%		12/01/2052		4,000	3,421,748
Series 2022 B, RB		7.75	%		12/15/2052		5,000	4,574,141
Rudolph Farms Metropolitan District No. 6; Series 2022 A, GO Bonds		6.50	%		06/01/2052		23,575	22,829,153
Sabell Metropolitan District;
Series 2020 A, GO Bonds(e)		5.00	%		12/01/2050		1,060	927,040
Series 2020 B-3, GO Bonds(e)		8.25	%		12/15/2050		605	559,320
Second Creek Farm Metropolitan District No. 3;
Series 2019 A, GO Bonds		5.00	%		12/01/2049		6,195	5,583,843
Series 2019 B, GO Bonds		7.63	%		12/15/2049		1,696	1,546,702
Series 2021 C, GO Bonds(e)		7.63	%		12/15/2052		8,288	7,362,086
Settler’s Crossing Metropolitan District No. 1; Series 2020 B, GO Bonds		7.63	%		12/15/2050		598	546,586
Settler’s Crossing Metropolitan District No. 1 (Senior Bonds); Series 2020 A, GO Bonds(e)		5.13	%		12/01/2050		1,630	1,429,118
Sheridan Station West Metropolitan District; Series 2022 B3, GO Bonds		7.00	%		12/15/2051		1,614	1,557,427
Sky Ranch Community Authority Board;
Series 2019 B, RB		7.63	%		12/15/2049		806	838,539
Series 2019, RB		5.00	%		12/01/2049		2,835	2,722,442
Series 2022 A, RB		5.75	%		12/01/2052		5,000	4,658,758
Series 2022 B, GO Bonds		8.75	%		12/15/2052		6,367	6,128,520
South Aurora Regional Improvement Authority; Series 2018, RB		6.25	%		12/01/2057		2,815	2,651,844

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Colorado–(continued)
South Timnath Metropolitan District No. 1;
Series 2019 A, GO Bonds		5.50	%		12/01/2048	$	1,000	$           921,681
Series 2019 B, GO Bonds		8.00	%		12/15/2048		2,208	2,055,961
Southglenn Metropolitan District; Series 2016, Ref. GO Bonds		5.00	%		12/01/2036		810	788,302
Spring Hill Metropolitan District No. 3; Series 2022 B, GO Bonds(e)		9.50	%		12/15/2045		3,464	3,502,084
Spring Valley Metropolitan District No. 3;
Series 2020 A, GO Bonds		5.00	%		12/01/2049		1,360	1,227,222
Series 2020 B, GO Bonds		8.50	%		12/15/2049		656	608,490
Spring Valley Metropolitan District No. 4;
Series 2020 A, GO Bonds		5.13	%		12/01/2050		1,775	1,518,439
Series 2020 B, GO Bonds		7.63	%		12/15/2050		2,810	2,521,657
STC Metropolitan District No. 2; Series 2019 B, GO Bonds		8.00	%		12/15/2049		3,954	3,652,165
Sterling Ranch Community Authority Board;
Series 2020 B, RB		7.13	%		12/15/2050		741	705,249
Series 2022 A, Ref. RB		6.75	%		12/01/2053		27,225	27,479,390
Series 2023, RB		8.38	%		12/15/2054		7,500	7,444,483
Stone Creek Metropolitan District;
Series 2018 A, GO Bonds		5.63	%		12/01/2047		1,995	1,939,567
Series 2018, GO Bonds		7.88	%		12/15/2047		600	563,691
Sweetgrass Metropolitan District No. 2; Series 2022 B, Ref. GO Bonds		7.50	%		12/15/2049		1,175	1,144,071
Tailholt Metropolitan District No. 3; Series 2018 A, GO Bonds		6.00	%		12/01/2048		7,550	7,301,533
Tallyn’s Reach Metropolitan District No. 3; Series 2013, Ref. GO Bonds(e)(f)(i)		5.00	%		12/01/2023		274	275,954
Talon Pointe Metropolitan District; Series 2019 A, Ref. GO Bonds		5.25	%		12/01/2051		2,150	1,656,237
Three Springs Metropolitan District No. 1; Series 2020 B, Ref. GO Bonds		7.13	%		12/15/2050		1,685	1,507,016
Timnath Ranch Metropolitan District No. 4;
Series 2018 A, GO Bonds		5.25	%		12/01/2037		1,500	1,475,796
Series 2018 A, GO Bonds		5.38	%		12/01/2047		1,900	1,792,091
Series 2018 B, GO Bonds		7.75	%		12/15/2047		953	894,292
Trails at Crowfoot Metropolitan District No. 3; Series 2019 A, GO Bonds		5.00	%		12/01/2049		2,000	1,799,716
Trails Metropolitan District; Series 2021, GO Bonds		5.00	%		12/01/2051		6,999	5,750,047
Transport Metropolitan District No. 3;
Series 2021 A-1, GO Bonds		5.00	%		12/01/2051		4,000	3,191,296
Series 2021 A-2, GO Bonds(c)		5.50	%		12/01/2051		3,000	2,248,045
Two Bridges Metropolitan District;
Series 2018 A, GO Bonds		5.63	%		08/01/2048		1,605	1,562,807
Series 2018 B, GO Bonds		7.88	%		08/01/2048		508	472,757
Village at Dry Creek Metropolitan District No. 2 (The); Series 2019, GO Bonds		4.38	%		12/01/2044		1,295	1,078,272
Village at Southgate Metropolitan District; Series 2018 A, GO Bonds(e)		5.63	%		12/01/2048		1,375	1,328,094
Waterfall Metropolitan District No. 1; Series 2022 B, Ref. GO Bonds		8.25	%		12/01/2052		985	954,727
Westcreek Metropolitan District No. 2; Series 2019 A, GO Bonds		5.38	%		12/01/2048		1,300	1,222,849
White Buffalo Metropolitan District No. 3; Series 2020, GO Bonds		5.50	%		12/01/2050		2,785	2,563,237
Wild Plum Metropolitan District;
Series 2019 A, GO Bonds(f)(i)		5.00	%		12/01/2024		600	628,559
Series 2019 B, GO Bonds(e)(f)(i)		7.75	%		12/01/2024		504	547,420
Willow Bend Metropolitan District; Series 2019 B, GO Bonds		7.63	%		12/15/2049		755	686,107
Willow Springs Metropolitan District; Series 2019 B, GO Bonds		7.75	%		12/15/2049		650	591,191
Windler Public Improvement Authority; Series 2021 A-1, RB		4.13	%		12/01/2051		5,000	3,028,799
Woodmen Heights Metropolitan District No. 2; Series 2020 B-1, Ref. GO Bonds		6.25	%		12/15/2040		1,793	1,677,460
								805,804,822
Connecticut–0.11%
Connecticut (State of) Health & Educational Facilities Authority (Nuvance Health);
Series 2019 A, Ref. RB		4.00	%		07/01/2041		3,870	3,455,906
Series 2019 A, Ref. RB		4.00	%		07/01/2049		3,000	2,526,958
Georgetown (City of), CT Special Taxing District; Series 2006 A, GO Bonds(g)(h)		5.13	%		10/01/2036		470	56,400
Mashantucket Western Pequot Tribe; Series 2013, RB(g)		6.05	%		07/01/2031		13,420	2,985,951
								9,025,215

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
District of Columbia–2.67%
District of Columbia (Green Bonds); Series 2022 A, RB(b)		5.50	%		02/28/2037	$	1,850	$        1,916,107
District of Columbia Tobacco Settlement Financing Corp.;
Series 2001, RB		6.75	%		05/15/2040		32,000	32,943,075
Series 2006 C, RB(k)		0.00	%		06/15/2055		850,680	80,630,513
Series 2006 D, RB(k)		0.00	%		06/15/2055		555,000	44,419,980
Metropolitan Washington Airports Authority;
Series 2018 A, Ref. RB(b)		5.00	%		10/01/2048		1,810	1,850,569
Series 2019 A, RB(b)(j)		4.00	%		10/01/2035		11,530	11,540,725
Series 2019 A, Ref. RB(b)		5.00	%		10/01/2044		3,500	3,617,637
Series 2019 A, Ref. RB(b)		5.00	%		10/01/2049		16,585	17,027,509
Series 2021 A, Ref. RB(b)		4.00	%		10/01/2051		15,800	14,535,896
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement); Series 2019 B, Ref. RB		4.00	%		10/01/2053		10,000	9,010,141
								217,492,152
Florida–9.52%
Amelia Concourse Community Development District;
Series 2007, RB(g)(h)		5.75	%		05/01/2038		3,865	3,749,050
Series 2016, RB		6.00	%		05/01/2047		1,795	1,817,797
Series 2019 B-2, RB		7.25	%		05/01/2029		30	29,176
Amelia Concourse Community Development District (Capital Improvement); Series 2019 A, RB		5.65	%		05/01/2049		2,425	2,433,959
Arlington Ridge Community Development District; Series 2006 A, RB		5.50	%		05/01/2036		1,600	1,600,395
Avenir Community Development District (Assessment Area No. 3 - Master Infrastructure);
Series 2023, RB		5.38	%		05/01/2043		3,235	3,110,605
Series 2023, RB		5.63	%		05/01/2054		4,000	3,845,319
Babcock Ranch Community Independent Special District;
Series 2022, RB		5.00	%		05/01/2042		2,000	1,946,813
Series 2022, RB		5.00	%		05/01/2053		1,500	1,378,139
Black Creek Community Development District (Expansion Area); Series 2022, RB		5.63	%		06/15/2052		1,500	1,497,829
Bradbury Community Development District;
Series 2023, RB		5.25	%		05/01/2043		1,500	1,463,745
Series 2023, RB		5.50	%		05/01/2053		2,505	2,438,937
Broward (County of), FL;
Series 2019 A, RB		5.00	%		09/01/2049		8,605	8,926,756
Series 2019 A, RB(b)		4.00	%		10/01/2049		12,505	11,313,240
Series 2019 A, RB(b)		5.00	%		10/01/2049		8,400	8,633,438
Series 2019 B, RB(b)		4.00	%		09/01/2049		15,500	14,239,190
Broward (County of), FL (Convention Center Expansion); Series 2021, RB		4.00	%		09/01/2051		15,000	14,192,581
Buckeye Park Community Development District; Series 2008 A, RB		7.88	%		05/01/2038		880	879,894
Capital Trust Agency, Inc. (Advantage Academy of Hillsborough);
Series 2019 A, RB		5.00	%		12/15/2049		1,545	1,479,408
Series 2019 A, RB		5.00	%		12/15/2054		1,085	1,026,031
Capital Trust Agency, Inc. (Atlantic Housing Foundation Property); Series 2017 B, RB		6.00	%		07/01/2042		2,820	2,240,157
Capital Trust Agency, Inc. (Elim Senior Housing, Inc.);
Series 2017, RB(e)		5.63	%		08/01/2037		1,025	814,126
Series 2017, RB(e)		5.88	%		08/01/2052		3,925	2,819,296
Capital Trust Agency, Inc. (Florida Charter Educational Foundation, Inc.);
Series 2018 A, RB(e)		5.38	%		06/15/2038		850	817,354
Series 2018 A, RB(e)		5.38	%		06/15/2048		1,590	1,444,854
Capital Trust Agency, Inc. (Franklin Academy); Series 2020, RB(e)		5.00	%		12/15/2055		6,800	5,672,429
Capital Trust Agency, Inc. (Paragon Academy of Technology and Sunshine Elementary Charter School);
Series 2019 A, RB(e)		5.75	%		06/01/2054		3,735	3,261,003
Series 2019 B, RB(e)		6.00	%		06/01/2028		330	314,285
Capital Trust Agency, Inc. (Viera Charter Schools, Inc.);
Series 2017 A, RB(e)		5.00	%		10/15/2047		1,100	991,160
Series 2017 A, RB(e)		5.00	%		10/15/2052		755	666,378
Carlton Lakes Community Development District;
Series 2015, RB		5.63	%		11/01/2036		760	773,988
Series 2015, RB		5.75	%		11/01/2047		1,855	1,869,076

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Florida–(continued)
CFM Community Development District; Series 2004 A, RB(g)(h)		6.25	%		05/01/2035	$	1,987	$                     20
Chapel Creek Community Development District; Series 2006 A, RB(g)(h)		5.50	%		05/01/2038		7,075	4,740,250
Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities);
Series 2021, RB(b)(e)		4.00	%		10/01/2041		1,500	1,222,792
Series 2021, RB(b)(e)		4.00	%		10/01/2051		5,000	3,776,381
City of South Miami Health Facilities Authority, Inc.; Series 2018, RB(j)		4.00	%		08/15/2036		14,000	13,875,429
Clearwater Cay Community Development District; Series 2006 A, RB (Acquired 02/16/2010; Cost $8,262,441)(g)(h)(l)		5.50	%		05/01/2037		13,074	7,452,213
Collier (County of), FL Industrial Development Authority (Gulf Coast Academy South);
Series 2017 A, RB(e)		5.00	%		12/01/2037		1,150	1,072,371
Series 2017 A, RB(e)		5.00	%		12/01/2047		1,875	1,638,099
County of Miami-Dade FL Transit System; Series 2023, RB(j)		5.00	%		07/01/2052		25,475	27,285,661
Creekside Community Development District; Series 2006, RB(g)(h)		5.20	%		05/01/2038		1,690	794,300
CrossCreek Community Development District;
Series 2007 A, RB		5.60	%		05/01/2039		5	4,984
Series 2016 A, RB		5.60	%		05/01/2037		75	73,923
Escambia (County of), FL Health Facilities Authority; Series 2020, Ref. RB		4.00	%		08/15/2050		7,000	5,949,924
Florida (State of);
Series 2018, GO Bonds(j)		4.00	%		07/01/2037		3,725	3,835,565
Series 2018, GO Bonds(j)		4.00	%		07/01/2038		4,030	4,115,563
Series 2018, GO Bonds(j)		4.00	%		07/01/2039		4,195	4,249,572
Series 2018, GO Bonds(j)		4.00	%		07/01/2040		4,360	4,384,945
Florida Development Finance Corp. (Central Charter School); Series 2022, Ref. RB(e)		6.00	%		08/15/2057		3,250	3,082,961
Florida Development Finance Corp. (Florida Charter Foundation, Inc.); Series 2016 A, RB(e)		5.00	%		07/15/2046		6,045	5,461,599
Florida Development Finance Corp. (Learning Gate Community School);
Series 2018 A, Ref. RB		5.00	%		02/15/2038		300	301,234
Series 2018 A, Ref. RB		5.00	%		02/15/2048		985	986,530
Florida Development Finance Corp. (Virgin Trains USA Passenger Rail);
Series 2019 A, Ref. RB(b)(e)(f)		6.38	%		01/01/2026		13,000	12,415,016
Series 2019 A, Ref. RB(b)(e)(f)		6.50	%		01/01/2029		14,305	13,582,247
Glades Correctional Development Corp.;
Series 2017 A, RB (Acquired 03/07/2006-12/12/2011; Cost $4,209,209)(l)		7.00	%		03/01/2030		4,209	2,735,986
Series 2017 B, RB (Acquired 03/07/2006-12/12/2011; Cost $59,638)(l)		0.00	%		03/01/2030		2,393	358,940
Greater Orlando Aviation Authority;
Series 2017 A, RB(b)		4.00	%		10/01/2052		7,500	6,716,827
Series 2019 A, RB(b)		4.00	%		10/01/2044		13,180	12,463,247
Series 2019 A, RB(b)		5.00	%		10/01/2044		3,370	3,492,694
Series 2019 A, RB(b)		4.00	%		10/01/2049		16,490	15,059,069
Series 2019 A, RB(b)		5.00	%		10/01/2049		9,980	10,268,427
Series 2019 A, RB(b)		5.00	%		10/01/2054		8,000	8,187,271
Series 2022 A, RB(b)		5.00	%		10/01/2046		18,985	19,778,668
Highland Meadows Community Development District; Series 2006 A, RB		5.50	%		05/01/2036		270	270,088
Hillsborough (County of), FL Aviation Authority; Series 2022, RB(b)(j)		5.00	%		10/01/2047		10,000	10,401,104
Hillsborough (County of), FL Aviation Authority (Tampa International Airport);
Series 2018 E, RB(b)		5.00	%		10/01/2043		3,120	3,210,850
Series 2022 A, RB(b)		4.00	%		10/01/2052		9,510	8,730,585
Indigo Community Development District; Series 2005, RB(h)		5.75	%		05/01/2036		2,775	1,859,250
Lake (County of), FL (Imagine South Lake Charter School Program);
Series 2019, RB(e)		5.00	%		01/15/2049		820	733,988
Series 2019, RB(e)		5.00	%		01/15/2054		635	557,664
Lake (County of), FL (Lakeside at Waterman Village); Series 2020 A, Ref. RB		5.75	%		08/15/2055		2,000	1,661,856
Lake (County of), FL (Village Veranda at Lady Lake); Series 2017 A-1, RB (Acquired 10/27/2017-01/11/2022; Cost $19,462,050)(e)(l)		7.13	%		01/01/2052		21,000	16,380,000
Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts);
Series 2018 A, RB(e)		5.50	%		07/15/2048		1,685	1,493,730
Series 2018 A, RB(e)		5.75	%		07/15/2053		1,830	1,704,052
Lakeland (City of), FL (Lakeland Regional Health);
Series 2015, RB		5.00	%		11/15/2040		7,845	7,882,484
Series 2015, RB		5.00	%		11/15/2045		9,000	8,905,895

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Florida–(continued)
Lee (County of), FL;
Series 2021 B, RB(b)		5.00	%		10/01/2046	$	10,000	$      10,396,820
Series 2021 B, RB(b)		4.00	%		10/01/2051		26,000	23,919,828
Lee (County of), FL Industrial Development Authority (Preserve (The)); Series 2017 A, RB(e)		5.75	%		12/01/2052		1,785	1,216,468
Legends Bay Community Development District; Series 2007 A, RB		5.88	%		05/01/2038		2,310	2,311,321
Magnolia Creek Community Development District; Series 2007 A, RB(g)		5.90	%		05/01/2039		590	301,354
Magnolia West Community Development District; Series 2017, RB		5.35	%		05/01/2037		165	166,069
Miami (City of) & Dade (County of), FL School Board; Series 2015 A, Ref. COP		5.00	%		05/01/2032		10	10,233
Miami-Dade (County of), FL;
Series 2014 A, Ref. RB(b)		5.00	%		10/01/2036		9,265	9,330,426
Series 2017 B, Ref. RB(b)		5.00	%		10/01/2040		5,020	5,110,678
Series 2019 A, RB(b)		5.00	%		10/01/2044		6,170	6,353,309
Series 2019 B, RB		4.00	%		10/01/2049		30,000	28,333,794
Series 2022 A, Ref. RB(b)		5.25	%		10/01/2052		30,840	32,521,989
Subseries 2021 B-1, Ref. RB(b)		4.00	%		10/01/2046		16,935	15,762,730
Subseries 2021 B-1, Ref. RB(b)		4.00	%		10/01/2050		35,880	32,978,015
Miami-Dade (County of), FL Expressway Authority;
Series 2010 A, RB		5.00	%		07/01/2040		8,420	8,462,711
Series 2014 A, RB		5.00	%		07/01/2044		11,410	11,425,441
Miami-Dade (County of), FL Transit System;
Series 2018, RB		4.00	%		07/01/2045		11,000	10,732,945
Series 2022, RB		5.00	%		07/01/2048		8,835	9,494,397
Series 2022, RB(j)		5.00	%		07/01/2050		14,210	15,242,077
Series 2022, RB(j)		5.00	%		07/01/2051		40,980	43,937,006
Nassau (County of), FL (Nassau Care Centers, Inc.); Series 2008, RB (Acquired 12/27/2007; Cost $8,885,000)(l)		6.90	%		01/01/2038		8,450	6,998,587
Naturewalk Community Development District; Series 2007 A, RB(g)(h)		5.50	%		05/01/2038		4,345	1,390,400
Palm Beach (County of), FL Health Facilities Authority (Baptist Health South Florida); Series 2019, RB		4.00	%		08/15/2049		5,000	4,560,072
Palm Beach (County of), FL Health Facilities Authority (Toby & Leon Cooperman Sinai Residences of Boca Raton Expanison); Series 2020, RB		5.00	%		06/01/2055		2,000	1,694,536
Palm Coast Park Community Development District; Series 2006, RB		5.70	%		05/01/2037		8,875	8,879,284
Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding); Series 2019, RB		5.00	%		07/01/2039		1,750	1,757,209
Polk (County of), FL Industrial Development Authority (Carpenter’s Home Estates); Series 2019, Ref. IDR		5.00	%		01/01/2055		800	666,676
Polk (County of), FL Industrial Development Authority (Mineral Development LLC); Series 2020, RB(b)(e)		5.88	%		01/01/2033		23,500	23,626,827
Portofino Isles Community Development District (Portofino Court); Series 2005, RB(g)(h)		5.60	%		05/01/2036		5,905	3,661,100
Reunion East Community Development District;
Series 2002 A-2, RB(g)(h)		7.38	%		05/01/2033		1,425	14
Series 2005, RB(g)(h)		5.80	%		05/01/2036		3,420	34
Ridgewood Trails Community Development District; Series 2007 A, RB		5.65	%		05/01/2038		115	115,043
Seminole (County of), FL; Series 2022, Ref. RB		5.00	%		10/01/2052		13,850	14,845,330
Seminole (County of), FL Industrial Development Authority (Progressive Healthcare
Providers/Fern Park, LLC Facility); Series 2005 A, RB		7.50	%		03/01/2035		3,265	2,931,028
South Bay Community Development District;
Series 2005 A, RB(g)(h)		5.95	%		05/01/2036		5,110	51
Series 2005 A-1, Ref. RB		5.95	%		05/01/2036		5,580	5,552,130
Series 2005 A-2, Ref. RB(g)(h)		6.60	%		05/01/2036		3,800	1,900,000
Series 2005 B-2, Ref. RB(g)(h)		6.60	%		05/01/2025		3,240	1,620,005
Tern Bay Community Development District; Series 2005 A, RB		5.38	%		05/01/2037		515	515,128
Town Center at Palm Coast Community Development District; Series 2005, RB		6.00	%		05/01/2036		9,575	9,577,780
Treeline Preserve Community Development District; Series 2007 A, RB(g)(h)		6.80	%		05/01/2039		4,950	693,000
V-Dana Community Development District (Assessment Area Two - 2023 Project Area);
Series 2023, RB		5.25	%		05/01/2043		2,230	2,218,991
Series 2023, RB		5.50	%		05/01/2054		2,500	2,485,149
Villages of Avignon Community Development District (The); Series 2007 A, RB(g)(h)		5.40	%		05/01/2037		755	37,750

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date			Principal   Amount (000)		Value
Florida–(continued)
Villages of Glen Creek Community Development District;
Series 2016 A-1, RB		4.75	%		05/01/2026		$	225	$           225,092
Series 2016 A-1, RB		5.25	%		05/01/2036			1,080	1,081,391
Series 2016 A-1, RB		5.38	%		05/01/2046			1,815	1,769,183
Series 2016 A-2, RB		5.38	%		05/01/2046			1,895	1,847,164
Waterford Estates Community Development District; Series 2006 A, RB		5.50	%		05/01/2037			2,255	2,257,817
Waterstone Community Development District;
Series 2007 A, RB(c)(h)		6.88	%		05/01/2037			1,214	784,988
Series 2007 B, RB(h)(k)		0.00	%		11/01/2028	��		7,052	4,322,372
West Villages Improvement District;
Series 2005 A-1, RB		5.75	%		05/01/2036			7,585	7,589,611
Series 2005 A-2, RB(g)(h)		5.75	%		05/01/2036			7,610	4,413,800
West Villages Improvement District (Develepmont Unit No. 7); Series 2021, RB		4.00	%		05/01/2051			555	436,239
West Villages Improvement District (Development Unit No. 8);
Series 2022, RB		5.38	%		05/01/2042			1,500	1,500,713
Series 2022, RB		5.50	%		05/01/2053			2,500	2,468,199
West Villages Improvement District (Development Unit No. 9);
Series 2023, RB		5.38	%		05/01/2043			1,500	1,495,383
Series 2023, RB		5.63	%		05/01/2053			1,500	1,505,571
Westridge Community Development District; Series 2005, RB		5.80	%		05/01/2037			1,390	1,390,345
Westside Community Development District;
Series 2019 2, RB(g)		5.65	%		05/01/2037			1,010	675,118
Series 2019 2, RB		7.20	%		05/01/2038			520	348,097
Wildwood (City of), FL Utility Dependent District (South Sumter Utility); Series 2021, RB (INS - BAM)(d)		5.00	%		10/01/2052			4,750	5,022,726
Zephyr Ridge Community Development District; Series 2006 A, RB(g)(h)		5.63	%		05/01/2037			2,635	1,317,238
									775,025,444
Georgia–2.29%
Atlanta (City of), GA; Series 2019, RB(b)		4.00	%		07/01/2039			7,490	7,268,050
Atlanta (City of), GA Department of Aviation;
Series 2022 A, RB		4.00	%		07/01/2052			10,000	9,655,881
Series 2022, RB(b)(j)		5.00	%		07/01/2044			23,280	24,098,783
Conyers (City of), GA (Salem Gate); Series 2021, RB		5.00	%		03/01/2045			5,485	4,286,050
Development Authority of Lagrange (College); Series 2021, Ref. RB		5.00	%		10/15/2052			21,350	18,735,810
Floyd (County of), GA Development Authority (The Spires at Berry College);
Series 2018 A, RB		5.75	%		12/01/2033			3,100	2,943,128
Series 2018 A, RB		6.00	%		12/01/2038			6,850	6,480,281
Series 2018 A, RB		6.25	%		12/01/2048			19,530	18,170,714
Series 2018 A, RB		6.50	%		12/01/2053			13,210	12,492,932
Gainesville (City of) & Hall (County of), GA Development Authority (Riverside Military Academy);
Series 2017, Ref. RB		5.00	%		03/01/2027			1,860	1,743,092
Series 2017, Ref. RB		5.00	%		03/01/2037			6,885	5,586,458
Series 2017, Ref. RB		5.00	%		03/01/2047			8,860	6,489,359
Series 2017, Ref. RB		5.13	%		03/01/2052			3,475	2,503,559
George L Smith II Congress Center Authority (Convention Center Hotel);
Series 2021, RB		4.00	%		01/01/2054			6,800	5,504,813
Series 2021, RB(e)		5.00	%		01/01/2054			4,750	3,835,788
Georgia (State of) Municipal Electric Authority (Plant Vogtle Units 3 & 4); Series 2019, RB (INS - BAM)(d)		4.00	%		01/01/2049			4,000	3,809,033
Georgia (State of) Ports Authority;
Series 2022, RB		4.00	%		07/01/2047			5,000	4,895,039
Series 2022, RB		4.00	%		07/01/2052			7,000	6,828,011
Georgia (State of) Road & Tollway Authority;
Series 2014 A, RB(e)(i)(k)		0.00	%		06/01/2024			805	768,332
Series 2014 A, RB(e)(f)(i)(k)		0.00	%		06/01/2024			3,750	1,958,337
Series 2014 B, RB(c)(e)(f)(i)		7.00	%		06/01/2024			13,600	13,794,465
Main Street Natural Gas, Inc.;
Series 2019 A, RB		5.00	%		05/15/2043			3,400	3,365,931
Series 2023 A, RB(f)		5.00	%		06/01/2030			11,000	11,448,334

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Georgia–(continued)
Oconee (County of), GA Industrial Development Authority (Presbyterian Village Athens);
Series 2018 A-1, RB		6.13	%		12/01/2038	$	2,635	$        2,361,719
Series 2018 A-1, RB		6.25	%		12/01/2048		3,675	3,087,311
Series 2018 A-1, RB		6.38	%		12/01/2053		3,090	2,586,382
Series 2018 A-2,  RB(f)		5.50	%		12/01/2028		2,090	1,884,433
								186,582,025
Hawaii–0.47%
Hawaii (State of);
Series 2020 A, Ref. RB(b)		4.00	%		07/01/2033		2,250	2,262,534
Series 2020 A, Ref. RB(b)		4.00	%		07/01/2036		600	592,963
Series 2020 C, Ref. RB		4.00	%		07/01/2037		600	606,199
Series 2020 C, Ref. RB		4.00	%		07/01/2038		750	754,217
Series 2020 C, Ref. RB		4.00	%		07/01/2040		425	419,024
Series 2022-XX1217, RB (INS - BAM)(b)(d)(j)		5.00	%		07/01/2051		32,450	33,617,317
								38,252,254
Idaho–0.24%
Boise City (City of), ID (Public Parking Facilities);
Series 2021 A, Ref. RB		5.00	%		09/01/2046		4,000	4,306,236
Series 2021 A, Ref. RB		5.00	%		09/01/2051		5,125	5,480,866
Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.); Series 2017 A, Ref. RB		5.25	%		11/15/2047		960	697,703
Idaho (State of) Housing & Finance Association; Series 2023 A, RB		4.00	%		08/15/2048		8,000	7,679,163
Idaho (State of) Housing & Finance Association (Compass Public Charter School, Inc.);
Series 2018 A, RB(e)		6.00	%		07/01/2039		370	387,923
Series 2018 A, RB(e)		6.00	%		07/01/2054		1,135	1,174,516
Nampa Local Improvement District No. 148; Series 2010, RB		6.63	%		09/01/2030		67	67,193
								19,793,600
Illinois–3.22%
Chicago (City of), IL (Cottage View Terrace Apartments); Series 2000 A, RB (CEP - GNMA)(b)		6.13	%		02/20/2042		30	30,018
Chicago (City of), IL (O’Hare International Airport);
Series 2013, RB		5.50	%		01/01/2026		1,680	1,682,251
Series 2017 D, RB(b)		5.00	%		01/01/2042		14,115	14,387,796
Series 2017 D, RB(b)		5.00	%		01/01/2047		2,500	2,539,304
Series 2017 D, RB(b)		5.00	%		01/01/2052		5,000	5,059,215
Series 2018 A, Ref. RB(b)		5.00	%		01/01/2048		13,340	13,638,512
Series 2018 A, Ref. RB(b)		5.00	%		01/01/2053		4,745	4,832,901
Series 2018 B, RB		5.00	%		01/01/2053		16,890	17,437,624
Series 2018, RB(b)		5.00	%		07/01/2048		3,750	3,686,277
Series 2022 A, RB(b)		5.50	%		01/01/2055		20,000	21,134,448
Chicago (City of), IL Board of Education;
Series 2016 A, Ref. GO Bonds		7.00	%		12/01/2044		7,000	7,351,382
Series 2016 B, GO Bonds		6.50	%		12/01/2046		1,500	1,569,698
Series 2016, RB		6.00	%		04/01/2046		5,700	5,964,700
Series 2018, RB		5.00	%		04/01/2046		7,555	7,596,883
Chicago (City of), IL Midway International Airport; Series 2014 A, Ref. RB(b)		5.00	%		01/01/2033		3,000	3,015,235
Du Page (County of), IL Special Service Area No. 31 (Monarch Landing, Inc.); Series 2006, RB		5.63	%		03/01/2036		814	800,088
Eastern Illinois Economic Development Authority (Remington Road & I-57 Business District); Series 2023, RB		6.00	%		05/01/2046		5,000	4,830,760
Evanston (City of), IL (Roycemore School); Series 2021, RB(e)		4.63	%		04/01/2051		1,250	880,700
Gilberts (Village of), IL Special Service Area No. 24 (The Conservancy); Subseries 2014 A, RB		5.38	%		03/01/2034		2,069	1,857,030
Harvey (City of), IL;
Series 2007 A, Ref. GO Bonds(g)		5.50	%		12/01/2027		6,165	5,648,681
Series 2007 A, Ref. GO Bonds(g)		5.63	%		12/01/2032		1,800	1,649,250

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Illinois–(continued)
Illinois (State of);
Series 2006, GO Bonds		5.50	%		01/01/2029	$	5,000	$        5,552,014
Series 2014, GO Bonds		5.00	%		02/01/2039		2,865	2,874,530
Series 2017 C, GO Bonds		5.00	%		11/01/2029		625	665,043
Series 2018 A, Ref. GO Bonds		5.00	%		10/01/2029		6,500	7,012,402
Series 2018 A, Ref. GO Bonds		5.00	%		10/01/2033		3,360	3,566,499
Series 2018 B, Ref. GO Bonds		5.00	%		10/01/2030		3,000	3,225,526
Illinois (State of) (Rebuild Illinois Program); Series 2019 B, GO Bonds		4.00	%		11/01/2035		1,930	1,929,043
Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.); Series 2002, RB(b)		8.00	%		06/01/2032		2,940	2,942,411
Illinois (State of) Finance Authority;
Series 2006, RB(b)		6.50	%		12/01/2037		8,445	6,499,954
Series 2017, Ref. RB (Acquired 06/05/2018; Cost $2,023,647)(l)		5.00	%		02/15/2027		2,000	900,000
Series 2017, Ref. RB (Acquired 04/03/2019; Cost $6,022,965)(l)		5.00	%		02/15/2037		7,000	3,150,000
Series 2017, Ref. RB		5.13	%		05/15/2038		1,000	817,400
Series 2017, Ref. RB		5.25	%		05/15/2042		3,220	2,531,348
Series 2017, Ref. RB		5.00	%		08/01/2042		575	572,193
Series 2017, Ref. RB		5.13	%		02/15/2045		3,120	1,404,000
Series 2017, Ref. RB		5.25	%		05/15/2054		6,825	4,899,331
Illinois (State of) Finance Authority (DePaul College Prep Foundation); Series 2023, Ref. RB(e)		5.63	%		08/01/2053		3,500	3,447,226
Illinois (State of) Finance Authority (Dominican University);
Series 2022, Ref. RB		5.00	%		03/01/2047		1,100	1,045,883
Series 2022, Ref. RB		5.00	%		03/01/2052		1,080	1,005,891
Illinois (State of) Finance Authority (Lutheran Communities Obligated Group); Series 2019 A, Ref. RB		5.00	%		11/01/2049		2,450	1,924,662
Illinois (State of) Finance Authority (Northshore University Health);
Series 2020, Ref. RB		4.00	%		08/15/2040		4,000	3,834,136
Series 2020, Ref. RB		4.00	%		08/15/2041		1,750	1,688,696
Illinois (State of) Finance Authority (Rogers Park Montessori School);
Series 2014, Ref. RB		6.00	%		02/01/2034		575	577,505
Series 2014, Ref. RB		6.13	%		02/01/2045		1,310	1,313,961
Illinois (State of) Finance Authority (Rosalind Franklin University); Series 2017, Ref. RB		5.00	%		08/01/2047		700	686,634
Illinois (State of) Finance Authority (Villa St. Benedict);
Series 2015, Ref. RB		6.13	%		11/15/2035		3,330	3,355,046
Series 2015, Ref. RB		6.38	%		11/15/2043		4,400	4,426,011
Illinois (State of) Housing Development Authority (Stonebridge of Gurnee);
Series 2016 A, RB(e)		5.45	%		01/01/2046		1,640	1,162,661
Series 2016 A, RB(e)		5.60	%		01/01/2056		1,775	1,210,892
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion);
Series 2002 A, RB (INS - AGM)(d)(k)		0.00	%		12/15/2040		15,000	6,740,112
Series 2010 B, Ref. RB (INS - AGM)(d)(k)		0.00	%		06/15/2046		15,000	4,968,597
Series 2010 B-1, Ref. RB (INS - AGM)(d)(k)		0.00	%		06/15/2044		17,055	6,294,286
Series 2010 B-1, Ref. RB (INS - AGM)(d)(k)		0.00	%		06/15/2047		31,755	9,969,749
Series 2012 B, RB (INS - AGM)(d)(k)		0.00	%		12/15/2041		5,000	2,117,829
Series 2017, Ref. RB (INS - AGM)(d)(k)		0.00	%		12/15/2056		22,000	4,214,399
Illinois (State of) Toll Highway Authority; Series 2013 A, RB		5.00	%		01/01/2038		9,765	9,774,273
Matteson (Village of), IL; Series 2015, RB		6.50	%		12/01/2035		1,200	1,232,724
Morton Grove (Village of), IL (Sawmill Station Redevelopment); Series 2019, RB		5.00	%		01/01/2039		2,000	1,821,921
Plano (City of), IL Special Service Area No. 5 (Lakewood Springs Club); Series 2006, RB		6.00	%		03/01/2036		1,172	1,125,963
Quad Cities Regional Economic Development Authority (Pheasant Ridge Apartments); Series 2005, RB(b)		6.38	%		08/01/2040		4,875	3,074,100
Robbins (Village of), IL; Series 1999 C, RB(b)		7.25	%		10/15/2024		0	156
Sales Tax Securitization Corp.; Series 2018 A, Ref. RB		5.00	%		01/01/2048		4,000	4,089,985
Southwestern Illinois Development Authority; Series 2006, RB(g)		5.63	%		11/01/2026		2,795	2,096,250
Villa Park (Village of), IL (Garden Station Redevelopment); Series 2021, RB		4.50	%		12/31/2038		1,915	1,431,826
Volo (Village of), IL Special Service Area No. 17; Series 2017, Ref. RB		5.50	%		03/01/2047		1,188	1,169,323
Will (County of), IL; Series 2019, GO Bonds		4.00	%		11/15/2047		2,000	1,951,642
								261,886,786

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Indiana–1.69%
Allen (County of), IN (Evergreen Village Fort Wayne); Series 2019, RB		6.38	%		02/01/2039	$	10,000	$        9,337,864
Anderson (City of), IN (Sweet Galilee at the Wigwam); Series 2020, RB(e)		5.38	%		01/01/2040		2,745	2,196,499
Columbus (City of), IN (Vivera Senior Living); Series 2019, RB		5.63	%		05/01/2039		11,860	9,698,565
Evansville (City of), IN (Silver Birch of Evansville); Series 2017, RB		5.45	%		01/01/2038		3,430	2,737,544
Fort Wayne (City of), IN (Silver Birch at Cook Road); Series 2018, RB(e)		5.63	%		01/01/2038		7,000	5,798,890
Fort Wayne (City of), IN (Silver Birch of Fort Wayne);
Series 2017, RB		5.13	%		01/01/2032		510	438,686
Series 2017, RB		5.35	%		01/01/2038		3,850	3,096,989
Goshen (City of), IN (Green Oaks of Goshen); Series 2021 A, RB(e)		5.00	%		08/01/2041		4,065	3,055,480
Indiana (State of) Finance Authority; Series 2017, Ref. RB		5.38	%		07/01/2047		2,050	1,932,524
Indiana (State of) Finance Authority (Irvington Community School);
Series 2018 A, Ref. RB(e)		5.90	%		07/01/2038		770	757,887
Series 2018 A, Ref. RB(e)		6.00	%		07/01/2048		1,185	1,143,296
Indiana (State of) Housing & Community Development Authority;
Series 2016 A, RB		5.75	%		01/01/2036		6,725	6,008,305
Series 2016, RB		5.50	%		01/01/2037		3,740	3,092,648
Indiana (State of) Housing & Community Development Authority (Glasswater Creek of Whitestown); Series 2020, RB(e)		5.38	%		10/01/2040		12,000	9,808,775
Indiana (State of) Housing & Community Development Authority (Lake Meadows Assisted Living); Series 2019 A, RB(e)		5.00	%		01/01/2039		3,365	2,555,983
Indiana (State of) Housing & Community Development Authority (Vita of Greenfield); Series 2023 A, RB		6.88	%		01/01/2043		21,575	21,470,018
Indiana (State of) Housing & Community Development Authority (Vita of Marion);
Series 2021 A, RB(e)		5.00	%		04/01/2031		660	572,022
Series 2021 A, RB(e)		5.25	%		04/01/2041		4,000	3,135,548
Jeffersonville (City of), IN (Vivera Senior Living); Series 2020 A, RB(e)		5.25	%		11/01/2040		4,500	3,524,236
Kokomo (City of), IN (Silver Birch at KOKOMO);
Series 2017, RB		5.75	%		01/01/2034		1,095	965,413
Series 2017, RB		5.88	%		01/01/2037		4,540	3,931,822
Lafayette (City of), IN (Glasswater Creek of Lafayette);
Series 2017, RB		5.60	%		01/01/2033		925	814,995
Series 2017, RB		5.80	%		01/01/2037		5,160	4,436,081
Merrillville (Town of), IN (Belvedere Housing); Series 2016, RB		5.75	%		04/01/2036		4,965	4,260,000
Mishawaka (City of), IN; Series 2018, RB		5.75	%		10/01/2038		17,405	13,442,189
Mishawaka (City of), IN (Silver Birch of Mishwaka);
Series 2017, RB(e)		5.10	%		01/01/2032		455	390,662
Series 2017, RB(e)		5.38	%		01/01/2038		5,475	4,416,105
Plainfield (Town of), IN (Glasswater Creek of Plainfield); Series 2018, RB		5.38	%		09/01/2038		7,955	6,378,043
Terre Haute (City of), IN (Silver Birch of Terre Haute); Series 2017, RB		5.35	%		01/01/2038		3,880	3,121,122
Valparaiso (City of), IN (Green Oaks of Valparaiso); Series 2021, RB(e)		5.38	%		12/01/2041		3,600	2,755,445
Vincennes (City of), IN; Series 2016, Ref. RB(e)		6.25	%		01/01/2029		2,530	2,022,430
								137,296,066
Iowa–0.23%
Clear Lake (City of), IA (Timbercrest Apartments, LLC);
Series 2018, RB		6.00	%		10/01/2043		1,405	1,262,078
Series 2018, RB		6.00	%		10/01/2048		2,780	2,419,612
Iowa (State of) Finance Authority; Series 2007, RB(g)		5.90	%		12/01/2028		1,160	3,016
Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.);
Series 2018, RB		5.00	%		08/01/2038		750	611,739
Series 2018, RB		5.13	%		08/01/2048		1,750	1,320,725
Series 2018, RB		5.25	%		08/01/2055		2,500	1,860,361
Iowa (State of) Finance Authority (Riserville Holdings); Series 2021, RB(b)(e)		5.00	%		12/01/2051		5,960	4,514,536
Iowa (State of) Finance Authority (Wedum Walnut Ridge LLC); Series 2007 B, RB		5.38	%		06/01/2025		230	226,157
Iowa (State of) Tobacco Settlement Authority;
Series 2021 A-2, Ref. RB		4.00	%		06/01/2049		250	222,860
Series 2021 B-1, Ref. RB		4.00	%		06/01/2049		730	714,846
Series 2021 B-2, Ref. RB(k)		0.00	%		06/01/2065		54,300	6,010,826
								19,166,756

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Kansas–0.14%
Ellis County Unified School District No. 489 Hays;
Series 2022 B, Ref. GO Bonds (INS - AGM)(d)		5.00	%		09/01/2042	$	2,250	$        2,434,619
Series 2022 B, Ref. GO Bonds (INS - AGM)(d)		5.00	%		09/01/2047		2,750	2,935,755
Series 2022 B, Ref. GO Bonds (INS - AGM)(d)		4.00	%		09/01/2052		4,000	3,803,128
Goddard (City of), KS (Olympic Park Star Bond); Series 2021, RB		3.50	%		06/01/2034		1,420	1,246,988
Olathe (City of), KS; Series 2006, RB(h)(n)		5.00	%		03/01/2026		2,500	1,100,148
								11,520,638
Kentucky–0.10%
Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.); Series 2017 A, Ref. RB		5.00	%		06/01/2045		1,000	974,177
Kentucky (Commonwealth of) Property & Building Commission (No. 119);
Series 2018, RB (INS - BAM)(d)		5.00	%		05/01/2033		900	975,495
Series 2018, RB (INS - BAM)(d)		5.00	%		05/01/2034		800	863,998
Kentucky (Commonwealth of) Public Energy Authority; Series 2022 A-1, RB(f)		4.00	%		08/01/2030		4,220	4,110,447
Kuttawa (City of), KY; Series 1999, RB		6.75	%		03/01/2029		1,120	1,036,428
								7,960,545
Louisiana–0.56%
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority;
Series 2018 A, RB(b)(e)		5.25	%		05/01/2043		1,220	1,127,713
Series 2019, RB(e)		4.40	%		11/01/2044		3,190	2,995,925
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System);
Series 2019 A, RB		5.00	%		01/01/2049		16,535	11,354,632
Series 2019 A, RB		5.00	%		01/01/2055		12,000	7,906,393
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Green Bonds); Series 2018, RB(e)		5.38	%		11/01/2038		2,280	2,364,844
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (St. Tammany Parish Gomesa); Series 2020, RB(e)		3.88	%		11/01/2045		4,250	3,589,392
St John the Baptist Parish School District No. 1; Series 2023, GO Bonds		5.25	%		03/01/2043		10,000	10,369,721
St. James (Parish of), LA (Nustar Logistics, L.P.);
Series 2010, RB(e)		6.35	%		07/01/2040		5,115	5,512,245
Series 2010, RB(e)		6.35	%		10/01/2040		440	474,172
								45,695,037
Maine–0.17%
Maine (State of) Finance Authority; Series 2015 R-2, RB(b)(e)(f)		4.38	%		08/01/2025		2,000	1,978,572
Rumford (Town of), ME (Boise Cascade Corp.); Series 2001, Ref. RB(b)		6.88	%		10/01/2026		12,265	12,291,670
								14,270,242
Maryland–1.10%
Baltimore (City of), MD (Centerwest Development);
Series 2017 A, RB		5.38	%		06/01/2036		1,100	1,109,523
Series 2017 A, RB		5.50	%		06/01/2043		1,360	1,370,731
Baltimore (City of), MD (Convention Center Hotel);
Series 2017, Ref. RB		5.00	%		09/01/2027		2,780	2,742,489
Series 2017, Ref. RB		5.00	%		09/01/2028		4,350	4,315,081
Series 2017, Ref. RB		5.00	%		09/01/2029		3,630	3,620,548
Series 2017, Ref. RB		5.00	%		09/01/2031		1,210	1,206,578
Series 2017, Ref. RB		5.00	%		09/01/2033		1,000	996,277
Series 2017, Ref. RB		5.00	%		09/01/2034		1,105	1,097,267
Series 2017, Ref. RB		5.00	%		09/01/2035		2,250	2,207,829
Series 2017, Ref. RB		5.00	%		09/01/2036		3,525	3,424,110
Baltimore (County of), MD; Series 2018, GO Bonds(j)		4.00	%		03/01/2040		9,525	9,576,013
Maryland (State of) Stadium Authority; Series 2018, RB(i)(j)		5.00	%		05/01/2047		45,950	47,962,527
Maryland Economic Development Corp. (Purple Line) (Green Bonds); Series 2022 B, RB(b)		5.25	%		06/30/2055		10,000	10,151,897
								89,780,870

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Massachusetts–1.34%
Massachusetts (Commonwealth of);
Series 2020 E, GO Bonds		5.00	%		11/01/2050	$	4,150	$        4,456,180
Series 2022 E, GO Bonds		5.00	%		11/01/2052		45,020	48,977,965
Massachusetts (Commonwealth of) (Rail Enhancement & Accelerated Bridge Program); Series 2022 B, RB		5.00	%		06/01/2052		4,705	5,125,854
Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility); Series 2018, RB(e)		5.13	%		11/15/2046		4,565	4,606,031
Massachusetts (Commonwealth of) Development Finance Agency (Merrimack College); Series 2014, RB		5.13	%		07/01/2044		4,000	4,011,066
Massachusetts (Commonwealth of) Development Finance Agency (Williams College); Series 2013 P, RB(f)(i)		5.00	%		07/01/2023		4,200	4,204,827
Massachusetts (Commonwealth of) Port Authority;
Series 2019 A, Ref. RB(b)		5.00	%		07/01/2038		5,000	5,270,331
Series 2019 A, Ref. RB(b)		5.00	%		07/01/2039		6,000	6,292,396
Series 2022, RB(b)(j)		5.00	%		07/01/2046		15,000	15,642,810
Saugus (Town of), MA;
Series 2018, GO Bonds(j)		4.00	%		03/01/2039		2,240	2,256,657
Series 2018, GO Bonds(j)		4.00	%		03/01/2040		2,500	2,506,929
Series 2018, GO Bonds(j)		4.00	%		03/01/2041		2,670	2,671,177
Series 2018, GO Bonds(j)		4.00	%		03/01/2042		2,750	2,749,928
								108,772,151
Michigan–1.95%
Academy of Warren; Series 2020 A, RB(e)		5.50	%		05/01/2050		1,000	799,998
Advanced Technology Academy;
Series 2019, Ref. RB		5.00	%		11/01/2034		400	387,805
Series 2019, Ref. RB		5.00	%		11/01/2044		1,175	1,047,304
American Montessori Academy; Series 2017, RB		7.00	%		12/01/2046		1,515	1,439,892
Charyl Stockwell Academy;
Series 2015, Ref. RB		5.50	%		10/01/2035		2,740	2,603,259
Series 2015, Ref. RB		5.75	%		10/01/2045		4,140	3,835,971
Detroit City School District; Series 2013, GO Bonds (INS - AGM)(d)(j)		6.00	%		05/01/2029		10,100	11,236,127
Grand Rapids Economic Development Corp. (Clark Retirement Community, Inc.);
Series 2019 A, Ref. RB		5.50	%		04/01/2039		4,365	3,301,466
Series 2019 A, Ref. RB		5.75	%		04/01/2049		19,320	13,672,507
Series 2019 A, Ref. RB		5.75	%		04/01/2054		13,990	9,631,465
Series 2019 B, RB		6.00	%		04/01/2027		3,365	3,187,121
Haslett Public Schools; Series 2018, GO Bonds		5.00	%		05/01/2048		3,150	3,330,791
Michigan (State of) Building Authority (Facilities Program); Series 2022 I, RB		4.00	%		10/15/2052		4,250	4,080,509
Michigan (State of) Finance Authority;
Series 2005 A, RB		6.00	%		12/01/2035		1,400	1,315,665
Series 2007, RB		6.50	%		12/01/2037		535	529,564
Series 2008 C, RB(k)		0.00	%		06/01/2058		804,975	31,276,177
Series 2014, Ref. RB (Acquired 10/29/2018-09/28/2021; Cost $16,493,423)(e)(l)		6.75	%		07/01/2044		16,465	15,769,278
Michigan (State of) Finance Authority (Henry Ford Health System); Series 2016, Ref. RB		5.00	%		11/15/2041		200	203,489
Michigan (State of) Finance Authority (Old Redforf Academy); Series 2010 A, RB		5.90	%		12/01/2030		1,180	1,150,078
Michigan (State of) Finance Authority (Universal Learning Academy); Series 2018, Ref. RB		5.75	%		11/01/2040		2,000	1,956,870
Pontiac (City of), MI Arts & Technology Academy; Series 2016, Ref. RB		6.00	%		11/01/2046		3,465	3,039,844
Tender Option Bond Trust Receipts/Certificates; Series 2023, RB(j)		5.15	%		10/01/2058		20,000	20,658,718
Troy School District; Series 2023, GO Bonds		5.00	%		05/01/2052		10,000	10,772,397
Wayne (County of), MI; Series 1999, RB(b)		6.00	%		12/01/2029		13,160	13,170,954
								158,397,249
Minnesota–0.87%
Bethel (City of), MN (Benedictine Health System - St. Peter Communities); Series 2018 A, Ref. RB		5.50	%		12/01/2048		3,330	2,666,722
Bethel (City of), MN (Birchwood Landing At The Lakes At Stillwater Project); Series 2019, RB		5.00	%		05/01/2054		2,610	2,073,565
Bethel (City of), MN (The Lodge At The Lakes At Stillwater);
Series 2018, RB		5.00	%		06/01/2053		600	487,903
Series 2018, RB		5.25	%		06/01/2058		1,625	1,343,895

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Minnesota–(continued)
Brooklyn Center (City of), MN (Sanctuary at Brooklyn Center);
Series 2016 A, RB		5.50	%		11/01/2035	$	8,895	$        5,337,000
Series 2016 B, RB		6.50	%		11/01/2035		3,060	1,836,000
Cottonwood (City of), MN (Extreme Holdings LLC);
Series 2021 A, RB(b)(e)		5.00	%		12/01/2050		6,630	4,906,343
Series 2021 B, RB(e)		6.50	%		12/01/2026		510	485,056
Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul); Series 2015, RB		6.00	%		08/01/2035		5,735	4,376,863
Duluth (City of), MN Economic Development Authority (Cambia Hills of Wast Bethel);
Series 2018, RB(g)		5.45	%		12/01/2046		380	83,600
Series 2018, RB(g)		5.63	%		12/01/2055		1,000	220,000
Independence (City of), MN (Spero Academy);
Series 2021 A, RB		5.00	%		07/01/2056		13,325	9,199,505
Series 2021 B, RB		6.00	%		07/01/2028		625	583,534
International Falls (City of), MN (Boise Cascade Corp.); Series 1999, Ref. RB(b)		6.85	%		12/01/2029		6,570	6,584,701
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission;
Series 2022 B, Ref. RB(b)		5.00	%		01/01/2047		4,000	4,135,632
Series 2022 B, Ref. RB(b)		5.25	%		01/01/2047		3,775	3,969,511
Minneapolis (City of), MN (Kipp North Star); Series 2020 A, RB		5.75	%		07/01/2055		3,000	2,922,736
Minneapolis (City of), MN (Riverton Community Housing); Series 2018, RB(e)		5.00	%		08/01/2053		500	476,493
Minneapolis (City of), MN (Spero Academy);
Series 2017 A, RB(e)		6.25	%		07/01/2037		1,075	1,088,016
Series 2017 A, RB(e)		6.50	%		07/01/2048		4,740	4,791,960
Red Wing (City of), MN; Series 2018 A, RB		5.00	%		08/01/2053		515	407,156
Rochester (City of), MN (Homestead at Rochester, Inc.); Series 2013 A, RB		6.88	%		12/01/2048		9,200	9,064,111
St. Paul (City of), MN Housing & Redevelopment Authority; Series 2004, RB		6.25	%		03/01/2029		1,388	1,244,061
St. Paul (City of), MN Housing & Redevelopment Authority (Great River School); Series 2017 A, RB(e)		5.50	%		07/01/2052		1,075	1,052,051
St. Paul (City of), MN Housing & Redevelopment Authority (Twin Cities German Immersion School);
Series 2019, RB		5.00	%		07/01/2049		1,000	885,732
Series 2019, RB		5.00	%		07/01/2055		1,000	863,355
								71,085,501
Mississippi–0.34%
Mississippi (State of) Development Bank (Jackson Convention Center); Series 2013 A, Ref. RB (INS - BAM)(d)		5.00	%		03/01/2036		10,000	11,319,060
Mississippi State University Educational Building Corp.; Series 2018, RB(j)		4.00	%		08/01/2043		13,015	12,507,962
Stonebridge Public Improvement District; Series 2007, RB(g)		7.50	%		10/01/2042		16,410	2,576,370
Tunica (County of), MS; Series 2019, Ref. RB		6.00	%		10/01/2040		1,350	1,196,484
								27,599,876
Missouri–1.56%
Branson (City of), MO Commerce Park Community Improvement District; Series 2007 A, RB(g)		5.75	%		06/01/2026		4,900	980,000
Branson (City of), MO Industrial Development Authority (Branson Hills Redevelopment);
Series 2005 A, RB(h)		7.05	%		05/01/2027		9,215	7,882,496
Series 2007 A, RB(h)		5.75	%		05/01/2026		1,750	1,519,214
Branson (City of), MO Industrial Development Authority (Branson Landing Retail); Series 2005, RB		5.50	%		06/01/2029		2,265	2,122,504
Broadway-Fairview Transportation Development District; Series 2006 A, RB(h)		6.13	%		12/01/2036		570	357,675
Callaway (County of), MO Industrial Development Authority (Westminster College); Series 2021 C, RB		5.25	%		10/01/2051		3,590	2,968,050
Chesterfield Valley Transportation Development District; Series 2018, RB(c)		5.50	%		05/15/2046		5,000	2,941,573
Chillicothe (City of), MO (South U.S. 65); Series 2006, RB(h)		5.63	%		04/01/2027		3,100	3,050,076
Dardenne Town Square Transportation Development District;
Series 2006 A, RB(h)(n)		5.00	%		05/01/2026		3,020	1,449,600
Series 2006 A, RB(h)(n)		5.00	%		05/01/2036		3,825	1,836,000
Grindstone Plaza Transportation Development District;
Series 2006 A, RB		5.40	%		10/01/2026		290	289,991
Series 2006 A, RB		5.55	%		10/01/2036		115	112,764
I-470 Western Gateway Transportation Development District; Series 2019 A, RB(e)		5.25	%		12/01/2048		4,900	4,886,331

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Missouri–(continued)
Kansas City (City of), MO Industrial Development Authority; Series 2019, RB(e)		5.00	%		07/01/2040	$	5,390	$        4,637,829
Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport);
Series 2019 B, RB (INS - AGM)(b)(d)		5.00	%		03/01/2049		5,000	5,127,656
Series 2019 B, RB(b)		5.00	%		03/01/2054		41,155	41,998,472
Series 2019 B, RB (INS - AGM)(b)(d)		5.00	%		03/01/2055		16,490	16,827,963
Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District); Series 2016 A, Ref. RB(e)		5.00	%		04/01/2046		1,890	1,639,628
Lee’s Summit (City of), MO Industrial Development Authority; Series 2007, RB(g)(h)		5.75	%		03/01/2029		750	435,000
Lee’s Summit (City of), MO Industrial Development Authority (Summit Fair Community Improvement District); Series 2012, RB		6.00	%		05/01/2042		2,800	2,533,081
Move Rolla Transportation Development District; Series 2017, RB		4.63	%		06/01/2042		2,095	1,960,435
Northwoods Transportation Development District; Series 2006 A, RB		5.85	%		02/01/2031		557	485,568
Rock Hill (City of), MO Industrial Development Authority (Market at McKnight Redevelopment); Series 2015 A, RB		4.50	%		11/01/2028		595	543,694
St. Charles (County of), MO Industrial Development Authority (Suemandy/Mid-Rivers Community Improvement District); Series 2016, RB(e)		5.00	%		10/01/2046		2,750	2,254,983
St. Louis (City of), MO; Series 2007, RB(h)(n)		6.30	%		04/01/2027		3,043	365,160
St. Louis (City of), MO (Abbey Condominiums); Series 2007, RB(h)		5.50	%		05/29/2028		2,031	609,295
St. Louis (City of), MO Industrial Development Authority; Series 2010 A, RB(g)(h)		8.00	%		04/27/2033		4,580	137,400
St. Louis (City of), MO Land Clearance for Redevelopment Authority;
Series 2018 A, RB		5.00	%		04/01/2038		4,000	4,110,598
Series 2018 B, RB		6.38	%		04/01/2043		2,000	1,646,989
St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center); Series 2018 A, RB		5.00	%		04/01/2048		1,955	1,994,384
St. Louis (County of), MO; Series 2007 A, RB(h)		5.50	%		09/02/2028		1,108	321,320
St. Louis (County of), MO (Printers Lofts Tax Increment Financing); Series 2006, RB(h)(n)		6.00	%		08/21/2026		1,660	199,200
St. Louis (County of), MO (Washington Park Redevelopment);
Series 2006, RB(h)(n)		6.00	%		08/21/2026		2,442	415,140
Series 2007 A, RB(h)		5.50	%		01/20/2028		2,159	820,420
Series 2007 B, RB(h)(n)		5.50	%		01/20/2028		1,510	75,500
St. Louis (County of), MO Industrial Development Authority; Series 2019 A, Ref. RB(e)		5.88	%		03/01/2033		3,100	2,884,564
Stone Canyon Community Improvement District; Series 2007, RB(g)(h)		5.75	%		04/01/2027		975	253,500
Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure); Series 2023, RB(e)		6.00	%		10/01/2049		4,575	4,473,929
								127,147,982
Montana–0.01%
Hardin (City of), MT; Series 2006, RB(h)		6.25	%		09/01/2031		5,935	1,068,300
Nevada–0.51%
Clark (County of), NV; Series 2018 A, GO Bonds(j)		5.00	%		05/01/2048		27,500	28,911,451
Clark (County of), NV (Special Improvement District No. 128);
Series 2007 A, RB		5.00	%		02/01/2026		595	595,709
Series 2007 A, RB		5.05	%		02/01/2031		730	730,521
Clark (County of), NV (Stadium Improvement Bonds); Series 2018 A, GO Bonds		5.00	%		05/01/2048		7,160	7,527,490
Las Vegas (City of), NV Special Improvement District No. 815; Series 2020, RB		5.00	%		12/01/2049		995	935,257
Mesquite (City of), NV; Series 2005, RB		5.50	%		08/01/2025		90	90,157
Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor); Series 2018 C, Ref. RB(e)(k)		0.00	%		07/01/2058		23,500	2,987,515
								41,778,100
New Hampshire–0.42%
New Hampshire (State of) Business Finance Authority (Social Bonds); Series 2022-2A, RB		4.00	%		10/20/2036		25,790	24,019,907
New Hampshire (State of) Business Finance Authority (Vista (The));
Series 2019 A, RB(e)		5.25	%		07/01/2039		1,400	1,259,186
Series 2019 A, RB(e)		5.63	%		07/01/2046		770	690,825
Series 2019 A, RB(e)		5.75	%		07/01/2054		5,430	4,836,292

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
New Hampshire–(continued)
New Hampshire (State of) Health and Education Facilities Authority (Hillside Village);
Series 2017 A, RB (Acquired 06/14/2017-02/13/2020; Cost $1,171,530)(e)(g)(l)		5.25	%		07/01/2027	$	918	$           202,018
Series 2017 A, RB (Acquired 06/12/2017; Cost $1,725,000)(e)(g)(l)		6.13	%		07/01/2037		1,440	316,801
Series 2017 A, RB (Acquired 06/12/2017; Cost $865,000)(e)(g)(l)		6.25	%		07/01/2042		722	158,860
Series 2017 A, RB (Acquired 06/12/2017-04/28/2020; Cost $12,692,763)(e)(g)(l)		6.13	%		07/01/2052		12,000	2,640,013
								34,123,902
New Jersey–1.72%
New Jersey (State of) Economic Development Authority; Series 2019 B, RB(e)		5.75	%		10/01/2026		765	726,018
New Jersey (State of) Economic Development Authority (Black Horse EHT Urban Renewal LLC); Series 2019 A, RB(e)		5.00	%		10/01/2039		6,000	4,318,027
New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.);
Series 1999, RB(b)		5.13	%		09/15/2023		5,415	5,417,682
Series 1999, RB(b)		5.25	%		09/15/2029		4,605	4,616,983
Series 2000 B, RB(b)		5.63	%		11/15/2030		8,550	8,667,447
Series 2003, RB(b)		5.50	%		06/01/2033		8,000	8,085,103
Series 2012, RB(b)		5.75	%		09/15/2027		15,925	15,964,785
New Jersey (State of) Economic Development Authority (Golden Door Charter School); Series 2018 A, RB(e)		6.50	%		11/01/2052		690	718,616
New Jersey (State of) Economic Development Authority (Katikvah International Academy Charter School); Series 2017 A, RB(e)		5.38	%		07/01/2047		1,865	1,648,356
New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.);
Series 2014 A, RB(e)		6.00	%		10/01/2034		565	568,238
Series 2014 A, RB(e)		6.20	%		10/01/2044		750	753,239
Series 2014 A, RB(e)		6.30	%		10/01/2049		500	502,473
New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School); Series 2018 A, RB(e)		5.38	%		10/01/2050		5,000	4,544,924
New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.); Series 2019, Ref. RB		5.13	%		06/15/2037		2,820	3,007,830
New Jersey (State of) Economic Development Authority (North Star Academy Charter School of Newark, Inc.); Series 2017, RB		5.00	%		07/15/2047		1,875	1,879,850
New Jersey (State of) Economic Development Authority (Paterson Charter School for Science and Technology, Inc.); Series 2012 A, RB		6.10	%		07/01/2044		1,000	1,000,558
New Jersey (State of) Economic Development Authority (State House); Series 2017 B, RB		5.00	%		06/15/2035		2,050	2,182,082
New Jersey (State of) Economic Development Authority (Teaneck Community Charter School); Series 2017 A, Ref. RB(e)		5.13	%		09/01/2052		2,055	1,855,244
New Jersey (State of) Educational Facilities Authority (College of St. Elizabeth (The)); Series 2016 D, Ref. RB		5.00	%		07/01/2046		5,000	4,459,440
New Jersey (State of) Health Care Facilities Financing Authority; Series 2018, RB (Acquired 09/14/2018; Cost $5,000,000)(e)(l)		5.75	%		10/01/2038		4,970	3,803,163
New Jersey (State of) Transportation Trust Fund Authority; Series 2008 A, RB (INS - BAM)(d)(k)		0.00	%		12/15/2037		10,000	5,655,884
Newark (City of), NJ; Series 2015 A, GO Bonds		5.00	%		07/15/2029		3,583	3,699,119
Tobacco Settlement Financing Corp.;
Series 2018 A, Ref. RB		5.00	%		06/01/2046		18,650	19,116,229
Series 2018 B, Ref. RB		5.00	%		06/01/2046		36,675	36,851,895
								140,043,185
New Mexico–0.11%
Boulders Public Improvement District; Series 2015, RB		5.75	%		10/01/2044		615	561,447
Farmington (City of), NM (San Juan and Four Corners); Series 2016 A, Ref. RB		2.15	%		04/01/2033		7,355	5,825,152
Mariposa East Public Improvement District;
Series 2015 A, RB		5.90	%		09/01/2032		50	46,877
Series 2015 B, RB		5.90	%		09/01/2032		320	304,216
Series 2015 C, RB		5.90	%		09/01/2032		420	387,000
Series 2015 D, RB(k)		0.00	%		03/01/2032		330	155,661
Trails Public Improvement District; Series 2008, RB		7.75	%		10/01/2038		1,770	1,769,791
								9,050,144
New York–21.28%
Build NYC Resource Corp. (Brooklyn Navy Yard); Series 2019, Ref. RB(b)(e)		5.50	%		12/31/2040		9,655	8,360,473

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
New York–(continued)
Erie Tobacco Asset Securitization Corp.; Series 2005 D, RB(k)		0.00	%		06/01/2055	$	17,700	$        1,125,240
Essex (County of), NY Industrial Development Agency; Series 2017, RB (Acquired 05/11/2017; Cost $4,095,000)(b)(l)		6.25	%		06/01/2047		3,990	3,040,358
Guilderland (Town of), NY Industrial Development Agency; Series 2017 A, RB(e)(g)		5.88	%		01/01/2052		5,400	4,050,000
Long Island (City of), NY Power Authority; Series 2017, RB		5.00	%		09/01/2047		5,000	5,275,491
Metropolitan Transportation Authority;
Series 2013 D, RB(f)(i)		5.25	%		11/15/2023		900	907,575
Series 2013 D, RB(f)(i)		5.25	%		11/15/2023		900	907,575
Series 2016 C-1, RB		5.25	%		11/15/2056		5,005	5,065,362
Series 2017 D, Ref. RB		4.00	%		11/15/2042		4,680	4,404,158
Metropolitan Transportation Authority (Green Bonds);
Series 2017 B-1, RB		5.00	%		11/15/2042		3,000	3,170,173
Series 2017 B-1, RB		5.25	%		11/15/2057		10,000	10,460,697
Series 2020 A-1, RB		4.00	%		11/15/2045		13,000	12,057,366
Series 2020 A-1, RB		5.00	%		11/15/2049		22,270	22,748,337
Series 2020 A-1, RB		4.00	%		11/15/2052		12,000	10,793,592
Series 2020 C-1, RB		4.75	%		11/15/2045		27,000	27,334,230
Series 2020 C-1, RB		5.00	%		11/15/2050		30,115	30,752,291
Subseries 2016 B-1, RB		5.00	%		11/15/2051		10,470	10,804,492
Monroe County Industrial Development Corp. (St. Ann’s Community); Series 2019, Ref. RB		5.00	%		01/01/2050		1,715	1,283,775
Monroe County Industrial Development Corp. (St. John Fisher College); Series 2011, RB		6.00	%		06/01/2030		1,000	1,002,159
Monroe County Industrial Development Corp. (University of Rochester); Series 2020 A, RB		4.00	%		07/01/2050		16,715	15,778,255
Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside);
Series 2021, RB (Acquired 11/18/2014-01/24/2018; Cost $8,043,636)(l)		5.00	%		01/01/2058		8,272	3,722,241
Series 2021, Ref. RB (Acquired 09/07/2021; Cost $3,970,000)(e)(l)		9.00	%		01/01/2041		3,970	3,295,100
New York & New Jersey (States of) Port Authority;
Series 2017, Ref. RB		5.00	%		04/15/2057		10	10,344
Series 2018 206, RB(b)(j)		5.00	%		11/15/2042		2,000	2,062,728
Series 2018-XF0683, Revenue Ctfs.(b)(j)		5.00	%		11/15/2047		9,725	9,943,274
Series 2019 220, RB(b)		4.00	%		11/01/2059		25,765	23,347,125
Series 2019, RB(b)		5.00	%		11/01/2049		33,555	34,649,923
Series 2020 221, RB(b)		4.00	%		07/15/2045		4,000	3,808,587
Series 2020 221, RB(b)		4.00	%		07/15/2055		17,230	15,797,377
Series 2020 221, RB(b)		4.00	%		07/15/2060		62,090	56,119,097
Series 2021, Ref. RB(b)		4.00	%		07/15/2046		1,850	1,757,562
Series 2021, Ref. RB(b)		4.00	%		07/15/2051		10,450	9,703,386
Series 2022, Ref. RB(b)		5.25	%		08/01/2047		7,000	7,565,869
Series 2022, Ref. RB(b)		5.50	%		08/01/2052		9,215	10,106,102
Two Hundred Fifth Series 2017, Ref. RB		5.00	%		11/15/2047		14,610	15,353,262
Two Hundred Sixth Series 2017, Ref. RB(b)		5.00	%		11/15/2047		10,000	10,224,446
Two Hundredth Series 2017, Ref. RB		5.00	%		10/15/2047		10,000	10,428,195
New York (City of), NY;
Series 2020 D-1, GO Bonds		4.00	%		03/01/2050		5,000	4,811,385
Series 2021 CC-1, RB(j)		4.00	%		06/15/2051		15,000	14,599,280
Series 2022-XF1336,  RB(j)		5.00	%		06/15/2051		25,000	26,805,830
New York (City of), NY Municipal Water Finance Authority;
Subseries 2023 AA-1, RB		5.25	%		06/15/2052		10,000	11,120,228
Series 2020 DD-1, RB		4.00	%		06/15/2050		7,685	7,491,001
Series 2021 AA-1, RB		4.00	%		06/15/2051		10,460	10,180,564
Series 2022 CC-1, RB		4.00	%		06/15/2052		13,375	12,980,827
Series 2022-XF1336,  RB(j)		5.00	%		06/15/2052		10,000	10,749,898

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
New York–(continued)
New York (City of), NY Transitional Finance Authority;
Series 2018 A-3,  RB(j)		5.00	%		08/01/2041	$	53,425	$        56,910,768
Series 2018 B-1, RB(j)		5.00	%		08/01/2045		20,140	21,349,554
Series 2018 C-3, RB(j)		5.00	%		05/01/2041		16,810	17,885,252
Series 2018 S-3,  RB(j)		5.00	%		07/15/2035		25,000	27,241,498
Series 2018, RB(j)		5.00	%		08/01/2042		13,000	13,850,399
Series 2021 E-1, RB		4.00	%		02/01/2049		16,865	16,390,039
Series 2022 C-1, RB		4.00	%		02/01/2051		10,000	9,686,475
Series 2022 F-1, RB		4.00	%		02/01/2051		2,500	2,421,619
Series 2022, RB(j)		5.00	%		08/01/2045		16,000	17,291,227
Series 2022, RB(j)		5.00	%		02/01/2047		15,500	16,756,318
Series 2022, RB(j)		5.00	%		02/01/2051		12,000	12,914,182
Series 2023 F-1, RB		4.00	%		02/01/2051		22,500	21,794,569
New York (State of) Dormitory Authority;
Series 2018 A, RB(j)		5.00	%		03/15/2044		15,000	15,728,103
Series 2018 E, RB(j)		5.00	%		03/15/2041		10,000	10,683,519
Series 2021 E, Ref. RB		4.00	%		03/15/2047		10,075	9,834,968
Series 2021 E, Ref. RB		4.00	%		03/15/2049		25,000	24,217,145
Series 2022, RB(j)		4.00	%		03/15/2048		54,290	52,781,547
Series 2022-XF2996,  RB(j)		5.00	%		03/15/2042		38,270	40,808,143
New York (State of) Dormitory Authority (Bidding Group 4); Series 2021 E, Ref. RB		4.00	%		03/15/2045		10,645	10,449,332
New York (State of) Dormitory Authority (Rockefeller University); Series 2019 C, Ref. RB		4.00	%		07/01/2049		10,000	9,562,810
New York (State of) Power Authority (Green Bonds);
Series 2020 A, Ref. RB		4.00	%		11/15/2050		25,500	24,932,602
Series 2020 A, Ref. RB		4.00	%		11/15/2060		28,550	27,070,051
New York (State of) Thruway Authority;
Series 2019 B, RB		4.00	%		01/01/2050		19,250	18,254,045
Series 2020 N, RB		4.00	%		01/01/2046		3,360	3,257,524
Series 2021 A-1, Ref. RB		4.00	%		03/15/2045		12,080	11,892,103
Series 2022, RB(j)		4.00	%		03/15/2051		36,050	34,916,909
Series 2022-XX1212,  RB(j)		4.00	%		03/15/2057		59,635	56,880,298
New York (State of) Thruway Authority (Bidding Group 1) (Green Bonds); Series 2022 C, RB		5.00	%		03/15/2055		5,000	5,372,779
New York (State of) Thruway Authority (Bidding Group 3); Series 2022, Ref. RB		4.00	%		03/15/2044		20,965	20,715,649
New York (State of) Thruway Authority (Bidding Group 4);
Series 2021 A-1, Ref. RB		4.00	%		03/15/2052		10,500	10,140,327
Series 2021 A-1, Ref. RB		4.00	%		03/15/2053		18,165	17,493,536
Series 2021 A-1, Ref. RB		4.00	%		03/15/2054		37,075	35,620,051
New York (State of) Thruway Authority (Group 5); Series 2021 A-1, Ref. RB		4.00	%		03/15/2057		17,075	16,286,260
New York Counties Tobacco Trust V; Series 2005 S4B, RB(e)(k)		0.00	%		06/01/2060		234,000	8,532,833
New York State Urban Development Corp.;
Series 2022-XF1334,  RB(j)		5.00	%		03/15/2041		14,060	15,134,382
Series 2023, RB(j)		5.00	%		03/15/2050		15,000	16,218,087
New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport);
Series 2020, Ref. RB(b)		5.25	%		08/01/2031		13,930	14,367,444
Series 2020, Ref. RB(b)		5.38	%		08/01/2036		9,800	9,894,907
New York Transportation Development Corp. (American Airlines, Inc.);
Series 2016, Ref. RB(b)		5.00	%		08/01/2026		49,805	49,866,459
Series 2016, Ref. RB(b)		5.00	%		08/01/2031		43,220	43,278,663
New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment);
Series 2016 A, RB(b)		4.00	%		07/01/2031		2,525	2,475,612
Series 2016 A, RB(b)		5.00	%		07/01/2034		2,500	2,515,296
Series 2020, RB(b)		5.00	%		10/01/2040		20,000	20,264,294
Series 2020, RB(b)		4.38	%		10/01/2045		6,500	6,166,347
New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment); Series 2016 A, RB(b)		5.00	%		07/01/2046		2,500	2,434,971
Tender Option Bond Trust Receipts/Certificates; Series 2023, RB(j)		4.25	%		05/15/2058		40,000	39,362,924

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
New York–(continued)
Triborough Bridge & Tunnel Authority;
Series 2020 A, RB(j)		5.00	%		11/15/2049	$	31,720	$      33,831,121
Series 2021 C-3, RB		4.00	%		05/15/2051		8,900	8,437,071
Series 2022, RB(j)		4.00	%		05/15/2046		17,800	17,089,798
Series 2022, RB(j)		5.00	%		11/15/2054		25,750	27,311,647
Series 2022-XF1332,  RB(j)		5.25	%		05/15/2052		94,835	104,309,273
Triborough Bridge & Tunnel Authority (Green Bonds); Series 2022 D-2, RB		5.25	%		05/15/2047		16,700	18,511,947
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels);
Series 2021 A, RB		4.00	%		11/15/2056		5,000	4,677,225
Series 2022, RB(j)		5.25	%		05/15/2052		25,000	27,675,613
Series 2022, RB(j)		5.25	%		05/15/2057		20,000	22,102,482
Series 2022, RB(j)		5.25	%		05/15/2062		31,400	34,544,496
Series 2023 A, RB		4.25	%		05/15/2058		16,000	15,745,170
Yonkers Economic Development Corp. (Charter School Education Excellence); Series 2019 A, RB		5.00	%		10/15/2054		465	409,077
								1,732,501,970
North Carolina–0.35%
Greater Asheville Regional Airport Authority;
Series 2023, RB (INS - AGM)(b)(d)		5.25	%		07/01/2048		2,500	2,677,572
Series 2023, RB (INS - AGM)(b)(d)		5.25	%		07/01/2053		3,750	3,991,783
North Carolina (State of) Housing Finance Agency (Social Bonds); Series 2022, RB (CEP - GNMA)		5.00	%		07/01/2047		5,000	5,080,073
North Carolina (State of) Medical Care Commission (Forest at Duke (The)); Series 2021, RB		4.00	%		09/01/2051		1,025	794,809
North Carolina (State of) Medical Care Commission (Novant Health Obligated Group); Series 2019, RB		4.00	%		11/01/2052		16,500	15,901,867
								28,446,104
North Dakota–0.18%
Grand Forks (County of), ND (Green Bonds);
Series 2021, RB(b)(e)(g)		6.63	%		12/15/2031		3,000	1,650,000
Series 2021, RB(b)(e)(g)		7.00	%		12/15/2043		23,500	12,925,000
								14,575,000
Northern Mariana Islands–0.24%
Northern Mariana Islands (Commonwealth of); Series 2007 B, Ref. GO Bonds(e)		5.00	%		10/01/2033		22,710	19,831,776
Ohio–3.04%
Buckeye Tobacco Settlement Financing Authority;
Series 2020 A-2, Ref. RB		4.00	%		06/01/2048		8,735	7,758,922
Series 2020 B-2, Ref. RB		5.00	%		06/01/2055		133,630	123,809,075
Series 2020 B-3, Ref. RB(k)		0.00	%		06/01/2057		104,895	11,688,083
Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Flats East Bank); Series 2021, Ref. RB(e)		4.50	%		12/01/2055		725	630,526
Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation);
Series 2018, Ref. RB		5.25	%		12/01/2038		815	822,738
Series 2018, Ref. RB		5.50	%		12/01/2043		735	744,369
Series 2018, Ref. RB		5.50	%		12/01/2053		2,900	2,902,715
Cuyahoga (County of), OH (MetroHealth System);
Series 2017, Ref. RB		5.50	%		02/15/2052		2,975	3,021,860
Series 2017, Ref. RB		5.00	%		02/15/2057		7,025	6,685,671
Series 2017, Ref. RB		5.50	%		02/15/2057		4,900	4,970,110
Darke (County of), OH (Wayne Healthcare);
Series 2019 A, RB		4.00	%		09/01/2040		1,000	863,930
Series 2019 A, RB		4.00	%		09/01/2045		1,750	1,465,094
FirstEnergy Solutions Corp.; Class A3(h)		0.00	%		12/01/2023		7,750	28,372
Greater Cincinnati (Port of), OH Development Authority;
Series 2004, RB		6.30	%		02/15/2024		280	279,618
Series 2004, RB		6.40	%		02/15/2034		2,500	2,431,897
Hardin (County of), OH (Ohio Northern University); Series 2020, Ref. RB		5.50	%		05/01/2050		3,000	2,610,553
Hickory Chase Community Authority (Senior Bonds); Series 2019, Ref. RB(e)		5.00	%		12/01/2040		1,805	1,610,355
Lorain (County of), OH Port Authority; Series 2005 A, RB(b)		6.00	%		11/15/2025		100	99,993

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Ohio–(continued)
Marion (County of), OH (United Church Homes, Inc.);
Series 2019, Ref. RB		5.00	%		12/01/2039	$	1,150	$        1,017,391
Series 2019, Ref. RB		5.13	%		12/01/2049		6,000	5,043,359
Norwood (City of), OH (Central Park); Series 2017, RB		6.00	%		12/01/2046		1,045	930,842
Ohio (State of) (Portsmouth Bypass); Series 2015, RB(b)		5.00	%		06/30/2053		4,530	4,366,883
Ohio (State of) Air Quality Development Authority (AMG Vanadium Project); Series 2019, RB(b)(e)		5.00	%		07/01/2049		10,000	9,042,463
Ohio (State of) Higher Educational Facility Commission (Denison University); Series 2019, RB		5.00	%		11/01/2044		10,960	11,641,383
Ohio (State of) Higher Educational Facility Commission (Hiram College); Series 2015, Ref. RB		6.00	%		10/01/2041		23,000	23,196,289
Ohio (State of) Higher Educational Facility Commission (Menorah Park Obligated Group); Series 2018, Ref. RB		5.25	%		01/01/2048		6,750	5,236,353
Ohio (State of) Housing Finance Agency (Sanctuary at Springboro); Series 2017, RB(e)		5.45	%		01/01/2038		5,400	4,115,635
Warren (County of), OH Port Authority;
Series 2019 D, RB(e)		4.00	%		12/01/2039		2,305	2,027,716
Series 2019 D, RB(e)		5.00	%		12/01/2052		3,670	3,562,029
Series 2019, RB(e)		5.25	%		12/01/2052		6,105	5,221,663
								247,825,887
Oklahoma–0.59%
Atoka (County of), OK Health Care Authority (Atoka Memorial Hospital); Series 2007, RB (Acquired 08/30/2007-03/01/2016; Cost $4,220,000)(l)		6.63	%		10/01/2037		4,330	3,873,092
Oklahoma (State of) Ordnance Works Authority (Ralston Purina Co.); Series 1996, PCR(b)		6.50	%		09/01/2026		100	100,225
Oklahoma (State of) Water Resources Board (2019 Master Trust); Series 2023, RB		4.00	%		04/01/2048		8,500	8,340,966
Tulsa (City of), OK Airports Improvement Trust (American Airlines Group, Inc.); Series 2015, Ref. RB(b)(f)		5.00	%		06/01/2025		33,955	34,127,726
Tulsa (City of), OK Authority for Economic Opportunity (Vast Bank); Series 2021, RB(e)		4.00	%		12/01/2043		2,550	1,985,802
								48,427,811
Ontario–0.24%
Affordable Housing Tax-Exempt Bond Pass-Thru Trust; Series 2023, RB(e)		6.00	%		10/05/2040		19,250	19,250,000
Oregon–0.87%
Clackamas (County of), OR Hospital Facility Authority (Rose Villa);
Series 2020 A, Ref. RB		5.25	%		11/15/2050		1,000	915,922
Series 2020 A, Ref. RB		5.38	%		11/15/2055		1,000	920,422
Oregon (State of) Facilities Authority;
Series 2015 A, RB(e)		5.75	%		06/15/2046		1,740	1,720,256
Series 2016 A, RB		5.25	%		06/15/2051		2,625	2,327,008
Port of Portland OR Airport Revenue; Series 2023-XF1493, RB(b)(j)		4.00	%		07/01/2042		12,385	11,704,346
Portland (Port of), OR;
Series 2020 A, RB(b)		4.00	%		07/01/2050		1,680	1,532,961
Series 2022, RB(b)(j)		5.00	%		07/01/2052		30,000	31,002,891
Portland (Port of), OR (Portland International Airport); Series 28, RB(b)(j)		4.00	%		07/01/2047		22,220	20,570,169
								70,693,975
Pennsylvania–1.33%
Allegheny (County of), PA Airport Authority;
Series 2021 A, RB(b)		5.00	%		01/01/2051		1,885	1,942,183
Series 2021 A, RB(b)		5.00	%		01/01/2056		1,320	1,350,127
Allegheny (County of), PA Sanitary Authority; Series 2022, RB		5.00	%		06/01/2053		7,125	7,549,060
Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront); Series 2021, RB(e)		6.00	%		05/01/2042		3,900	3,973,464
Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center);
Series 2018, RB(e)		5.38	%		05/01/2042		8,000	8,008,139
Series 2022, RB(e)		5.25	%		05/01/2042		3,710	3,653,013
Chester (County of), PA Industrial Development Authority (Hickman (The));
Series 2016, RB		5.25	%		01/01/2037		1,710	1,355,907
Series 2016, RB		5.50	%		01/01/2052		11,080	8,003,683
Chester (County of), PA Industrial Development Authority (Woodlands at Greystone);
Series 2018, RB(e)		5.00	%		03/01/2038		462	448,333
Series 2018, RB(e)		5.13	%		03/01/2048		887	821,258

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Pennsylvania–(continued)
Crawford (County of), PA Hospital Authority;
Series 2016 A, Ref. RB		6.00	%		06/01/2046	$	2,750	$        2,797,038
Series 2016 A, Ref. RB		6.00	%		06/01/2051		4,310	4,357,873
Dauphin (County of), PA Industrial Development Authority (Dauphin Construction Water Supply); Series 1992 A, RB(b)		6.90	%		06/01/2024		3,400	3,503,231
Lancaster (City of), PA; Series 2018, GO Bonds (INS - BAM)(d)		4.00	%		11/01/2040		5	5,009
Montgomery (County of), PA Higher Education & Health Authority (Pennsylvania LTC, Inc.);
Series 2017, Ref. RB (Acquired 10/25/2017-02/13/2019; Cost $1,250,272)(l)		5.00	%		12/01/2032		1,260	995,377
Series 2017, Ref. RB (Acquired 10/25/2017; Cost $1,705,000)(l)		5.25	%		12/01/2037		1,705	1,256,116
Series 2017, Ref. RB (Acquired 10/25/2017; Cost $487,605)(l)		5.30	%		12/01/2038		500	363,920
Series 2017, Ref. RB (Acquired 10/25/2017-10/26/2017; Cost $3,128,288)(l)		5.38	%		12/01/2047		3,140	2,105,147
Northampton (County of), PA Industrial Development Authority;
Series 2013 A, RB(h)(n)		5.00	%		12/31/2023		8,239	1,482,958
Series 2013, RB(h)(n)		5.00	%		12/31/2023		3,922	706,053
Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges);
Series 2022, RB(b)		5.75	%		06/30/2048		12,140	13,240,899
Series 2022, RB(b)		5.25	%		06/30/2053		10,000	10,256,952
Series 2022, RB (INS - AGM)(b)(d)		5.00	%		12/31/2057		3,750	3,836,849
Series 2022, RB(b)		6.00	%		06/30/2061		9,750	10,797,624
Pennsylvania (Commonwealth of) Housing Finance Agency; Series 2018, RB (CEP - FNMA)		3.60	%		08/01/2035		13	12,321
Pennsylvania (Commonwealth of) Turnpike Commission; Series 2014 B, RB		5.25	%		12/01/2044		560	565,974
Philadelphia (City of), PA; Series 2021, Ref. RB(b)		5.00	%		07/01/2051		5,485	5,660,519
Philadelphia (City of), PA Authority for Industrial Development;
Series 2017, Ref. RB(e)(f)(i)		5.00	%		03/15/2028		480	522,993
Series 2017, Ref. RB(e)		5.00	%		03/15/2045		7,950	6,683,811
Philadelphia (City of), PA Authority for Industrial Development (Green Woods Charter school);
Series 2022 A, Ref. RB		5.25	%		06/15/2052		1,000	912,746
Series 2022 A, Ref. RB		5.38	%		06/15/2057		1,000	907,061
								108,075,638
Puerto Rico–8.29%
Children’s Trust Fund;
Series 2002, RB		5.50	%		05/15/2039		35,940	35,941,499
Series 2002, RB		5.63	%		05/15/2043		108,400	109,015,181
Series 2005 A, RB(k)		0.00	%		05/15/2050		28,000	4,993,811
Series 2005 B, RB(k)		0.00	%		05/15/2055		127,450	13,095,666
Corp. Para El Financiamiento Publico de Puerto Rico; Series 2011, RB		5.50	%		08/01/2031		49,020	1,286,775
HTA Trust; Series 2022 L, RB		5.25	%		07/01/2038		21	21,122
PRHTA Custodial Trust; Series 2022, RB		5.75	%		12/06/2049		160	57,439
Puerto Rico (Commonwealth of);
Series 2021 A, GO Bonds(k)		0.00	%		07/01/2024		4,861	4,634,377
Series 2021 A, GO Bonds(k)		0.00	%		07/01/2033		18,710	10,991,530
Series 2021 A-1, GO Bonds		5.63	%		07/01/2027		16,045	16,789,838
Series 2021 A-1, GO Bonds		5.63	%		07/01/2029		15,785	16,745,725
Series 2021 A-1, GO Bonds		5.75	%		07/01/2031		35,332	38,120,893
Series 2021 A-1, GO Bonds		4.00	%		07/01/2033		0	48
Series 2021 A-1, GO Bonds		4.00	%		07/01/2035		0	245
Series 2021 A-1, GO Bonds		4.00	%		07/01/2037		16,216	14,112,962
Series 2021 A-1, GO Bonds		4.00	%		07/01/2041		59,950	50,213,363
Series 2021 A-1, GO Bonds		4.00	%		07/01/2046		15,859	12,823,229
Subseries 2022, RN		0.00	%		11/01/2043		76,212	37,248,534
Subseries 2022, RN		0.00	%		11/01/2051		5,603	2,241,280
Subseries 2022, RN		0.00	%		11/01/2051		362	174,999
Subseries 2022, RN		0.00	%		11/01/2051		1,351	1,301,908
Subseries 2022, RN		0.00	%		11/01/2051		1,639	168,030

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Puerto Rico–(continued)
Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority;
Series 2021 A, RB(e)		5.00	%		07/01/2025	$	315	$           319,333
Series 2021 A, RB(e)		5.00	%		07/01/2033		900	907,703
Series 2021 A, RB(e)		5.00	%		07/01/2037		450	446,838
Series 2021 A, RB(e)		4.00	%		07/01/2042		1,250	1,067,103
Series 2021 B, RB(e)		5.00	%		07/01/2033		5,000	5,042,792
Series 2022 A, Ref. RB(e)		5.00	%		07/01/2033		4,000	4,036,266
Series 2022 A, Ref. RB(e)		5.00	%		07/01/2037		6,000	5,957,838
Series 2022 A, Ref. RB(e)		4.00	%		07/01/2047		3,230	2,673,929
Puerto Rico (Commonwealth of) Electric Power Authority;
Series 2003 NN, RB(g)		5.50	%		12/01/2049		15	10,537
Series 2007 TT, RB(g)		5.00	%		07/01/2024		15	10,725
Series 2007 TT, RB(g)		5.00	%		07/01/2026		895	639,925
Series 2007 TT, RB(g)		5.00	%		07/01/2027		1,990	1,427,825
Series 2007 TT, RB(g)		5.00	%		07/01/2032		3,680	2,640,400
Series 2007 UU, Ref. RB (INS - AGC)(d)		5.00	%		07/01/2026		7,905	7,958,227
Series 2007 VV, Ref. RB (INS - NATL)(d)		5.25	%		07/01/2026		175	172,825
Series 2007 VV, Ref. RB (INS - NATL)(d)		5.25	%		07/01/2033		22,000	21,824,141
Series 2007 VV, Ref. RB (INS - NATL)(d)		5.25	%		07/01/2035		465	456,826
Series 2008 WW, RB(g)		5.38	%		07/01/2024		390	278,850
Series 2008 WW, RB(g)		5.25	%		07/01/2033		415	297,762
Series 2008 WW, RB(g)		5.50	%		07/01/2038		605	434,844
Series 2010 AAA, RB(g)		5.25	%		07/01/2023		10	7,150
Series 2010 AAA, RB(g)		5.25	%		07/01/2026		4,570	3,267,550
Series 2010 AAA, RB(g)		5.25	%		07/01/2028		2,600	1,865,500
Series 2010 AAA, RB(g)		5.25	%		07/01/2029		445	319,287
Series 2010 AAA, RB(g)		5.25	%		07/01/2030		95	68,162
Series 2010 AAA, RB(g)		5.25	%		12/01/2049		40	28,100
Series 2010 CCC, RB(g)		5.00	%		07/01/2024		35	25,025
Series 2010 CCC, RB(g)		5.00	%		07/01/2027		285	204,487
Series 2010 CCC, RB(g)		5.00	%		07/01/2028		540	387,450
Series 2010 XX, RB(g)		5.25	%		07/01/2026		10	7,150
Series 2010 XX, RB(g)		5.25	%		07/01/2027		845	606,287
Series 2010 XX, RB(g)		5.25	%		07/01/2035		2,660	1,908,550
Series 2010 XX, RB(g)		5.75	%		07/01/2036		18,575	13,374,000
Series 2010 XX, RB(g)		5.25	%		07/01/2040		28,430	20,398,525
Series 2010 ZZ, Ref. RB(g)		5.00	%		07/01/2024		215	153,725
Series 2010 ZZ, Ref. RB(g)		4.63	%		07/01/2025		190	134,662
Series 2010 ZZ, Ref. RB(g)		5.25	%		07/01/2025		275	196,625
Series 2010 ZZ, Ref. RB(g)		5.00	%		07/01/2026		10	7,150
Series 2010 ZZ, Ref. RB(g)		5.25	%		07/01/2026		1,135	811,525
Series 2012 A, RB(g)		5.00	%		07/02/2029		3,100	2,224,250
Series 2012 A, RB(g)		5.05	%		07/01/2042		11,925	8,556,187
Series 2013 A, RB(g)		7.25	%		07/01/2030		160	116,400
Series 2013 A, RB(g)		7.00	%		07/01/2040		480	349,200
Series 2013 A, RB(g)		7.00	%		07/01/2043		9,080	6,605,700
Puerto Rico (Commonwealth of) Highway & Transportation Authority;
Series 2022 A, RB		5.00	%		07/01/2062		7,140	6,863,283
Series 2022 B, RB(k)		0.00	%		07/01/2032		4,640	2,955,870
Series 2022 C, RB(c)		5.00	%		07/01/2053		7,937	4,841,629
Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority; Series 2000, RB(b)		6.63	%		06/01/2026		5,040	5,118,659

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Puerto Rico–(continued)
Puerto Rico Sales Tax Financing Corp.;
Series 2018 A-1,  RB(k)		0.00	%		07/01/2029	$	11	$               8,432
Series 2018 A-1, RB		4.50	%		07/01/2034		11	11,027
Series 2018 A-1, RB		4.55	%		07/01/2040		3,337	3,184,192
Series 2018 A-1,  RB(k)		0.00	%		07/01/2046		157,376	42,530,675
Series 2018 A-1,  RB(k)		0.00	%		07/01/2051		103,344	20,581,113
Series 2018 A-1, RB		4.75	%		07/01/2053		34,576	32,060,928
Series 2018 A-1, RB		5.00	%		07/01/2058		40,948	39,226,038
Series 2019 A-2, RB		4.54	%		07/01/2053		4,576	4,095,825
Series 2019 A-2, RB		4.78	%		07/01/2058		14,781	13,614,990
Series 2019 A-2B, RB		4.55	%		07/01/2040		5,542	5,288,221
University of Puerto Rico;
Series 2006 P, Ref. RB		5.00	%		06/01/2030		5,260	5,099,954
Series 2006 Q, RB		5.00	%		06/01/2036		1,025	983,368
								674,669,994
Rhode Island–0.10%
Central Falls Detention Facility Corp.; Series 2005, Ref. RB (Acquired 06/23/2005; Cost $43,767,323)(g)(l)		7.25	%		07/15/2035		44,240	7,963,200
South Carolina–0.45%
Lancaster (County of), SC School District; Series 2018 XF252, GO Bonds(j)		4.00	%		03/01/2036		12,555	12,728,656
South Carolina (State of) Jobs-Economic Development Authority (Green Bonds);
Series 2019 A, RB(b)(e)		7.00	%		05/01/2039		5,000	3,862,622
Series 2021, RB(b)(e)		6.00	%		06/01/2031		1,000	870,141
Series 2021, RB(b)(e)		6.25	%		06/01/2040		1,000	784,610
Series 2021, RB(b)(e)		6.50	%		06/01/2051		2,750	2,055,451
South Carolina (State of) Jobs-Economic Development Authority (Kiawah Life Plan Village, Inc.); Series 2021, RB(e)		8.75	%		07/01/2025		785	853,341
South Carolina (State of) Ports Authority; Series 2018, RB(b)		5.00	%		07/01/2055		3,750	3,827,544
South Carolina (State of) Public Service Authority;
Series 2014 A, RB		5.00	%		12/01/2049		5,000	5,001,930
Series 2016 B, Ref. RB		5.00	%		12/01/2046		6,250	6,286,917
								36,271,212
South Dakota–0.06%
South Dakota (State of) Health & Educational Facilities Authority (Sanford Obligated Group); Series 2014 B, RB		5.00	%		11/01/2044		5,000	5,036,740
Tennessee–0.96%
Chattanooga (City of), TN Health, Educational & Housing Facility Board (CommonSpirit Health);
Series 2019 A-1, Ref. RB		4.00	%		08/01/2038		775	745,976
Series 2019 A-1, Ref. RB		4.00	%		08/01/2044		1,545	1,431,207
Series 2019 A-2, Ref. RB		5.00	%		08/01/2044		1,160	1,194,303
Series 2019 A-2, Ref. RB		5.00	%		08/01/2049		1,545	1,575,282
Knox County Industrial Development Board (Green Bonds) (Tompaul Knoxville, LLC Recycling); Series 2022, RB(b)(e)		9.50	%		11/01/2052		10,000	10,008,836
Memphis (City of) & Shelby (County of), TN Airport Authority;
Series 2021 A, RB(b)		5.00	%		07/01/2045		1,500	1,560,759
Series 2021 A, RB(b)		5.00	%		07/01/2049		17,545	18,145,569
Memphis (City of), TN; Series 2018, GO Bonds		4.00	%		06/01/2047		10,765	10,428,200
Metropolitan Development and Housing Agency (Fifth + Broadway Development); Series 2018, RB(e)		5.13	%		06/01/2036		600	607,244
Nashville (City of) & Davidson (County of), TN Metropolitan Government; Series 2022 A, GO Bonds		4.00	%		01/01/2042		2,475	2,471,888
Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor);
Series 2013 A, Ref. RB		5.50	%		09/01/2047		9,000	7,511,339
Series 2013 B, Ref. RB(g)		8.00	%		09/01/2044		6,350	317,500
Tennessee Energy Acquisition Corp.; Series 2021 A, RB(f)		5.00	%		11/01/2031		20,865	21,802,279
								77,800,382

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Texas–9.82%
Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1);
Series 2017, RB		5.00	%		09/01/2037	$	890	$           882,483
Series 2017, RB		5.25	%		09/01/2047		1,475	1,460,899
Arlington Higher Education Finance Corp. (Great Hearts America - Texas); Series 2020, RB		4.00	%		08/15/2055		3,175	2,876,435
Arlington Higher Education Finance Corp. (UME Preparatory Academy); Series 2017 A, RB		5.00	%		08/15/2053		785	686,860
Arlington Higher Education Finance Corp. (Winfree Academy Charter School); Series 2019, Ref. RB		5.75	%		08/15/2043		4,345	4,258,180
Aubrey (City of), TX (Jackson Ridge Public Improvement District Phase No. 1); Series 2015, RB		7.25	%		09/01/2045		645	666,139
Aubrey Independent School District;
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)(j)		4.00	%		02/15/2047		20,500	20,062,136
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2052		23,000	22,127,741
Austin (City of), TX; Series 2022, RB(b)		5.00	%		11/15/2043		3,450	3,630,339
Birdville Independent School District; Series 2023, GO Bonds		4.00	%		02/15/2048		15,000	14,388,199
Brazoria County Industrial Development Corp. (Aleon Renewable); Series 2022, RB(b)(e)(f)		10.00	%		06/01/2024		6,000	5,733,163
Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC); Series 2019, RB(b)		7.00	%		03/01/2039		20,600	19,046,898
Cambridge Student Housing Financing Co. L.P.;
Series 2004 C, RB(g)		9.70	%		11/01/2039		4,502	1,351
Series 2004 D, RB(g)		0.00	%		11/01/2039		3,659	732
Celina (City of), TX;
Series 2015, RB		6.25	%		09/01/2045		1,720	1,738,811
Series 2015, RB		7.25	%		09/01/2045		940	966,517
Series 2015, RB		7.50	%		09/01/2045		3,765	3,817,252
Celina (City of), TX (Mosaic Public Improvement District Phase #1);
Series 2023, RB(e)		5.13	%		09/01/2043		1,200	1,163,874
Series 2023, RB(e)		5.50	%		09/01/2053		1,825	1,780,192
Celina (City of), TX (Ten Mile Creek Public Improvement District Improvement Area #1);
Series 2023, RB(e)		4.75	%		09/01/2030		325	325,404
Series 2023, RB(e)		5.50	%		09/01/2042		875	876,957
Series 2023, RB(e)		5.75	%		09/01/2052		1,500	1,503,301
Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area);
Series 2023, RB(e)		5.50	%		09/01/2030		250	250,302
Series 2023, RB(e)		6.25	%		09/01/2042		800	801,703
Series 2023, RB(e)		6.50	%		09/01/2052		1,300	1,302,721
Central Texas Regional Mobility Authority; Series 2020 E, RB		4.00	%		01/01/2050		10,000	9,161,920
Cleveland Independent School District; Series 2020 A, GO Bonds (CEP -Texas Permanent School Fund)		4.00	%		02/15/2052		5,855	5,558,207
Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB		6.00	%		08/15/2038		5,000	5,048,651
Corpus Christi Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2052		8,000	7,774,714
Crandall (City of), TX;
Series 2021, RB(e)		4.75	%		09/15/2031		100	92,936
Series 2021, RB(e)		4.25	%		09/15/2041		250	217,772
Series 2021, RB(e)		5.00	%		09/15/2041		500	467,474
Series 2021, RB(e)		4.50	%		09/15/2051		500	423,622
Series 2021, RB(e)		5.25	%		09/15/2051		500	465,224
Cypress-Fairbanks Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		10,000	9,771,440
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport); Series 2022 B, Ref. RB		4.00	%		11/01/2045		15,000	14,485,420
Dallas (City of), TX Area Rapid Transit; Series 2021 B, Ref. RB		4.00	%		12/01/2051		31,180	30,087,768
DeSoto (City of), TX (Danieldale Homestead); Series 2023, RB(e)		5.50	%		09/15/2050		1,500	1,438,572
Edinburg Economic Development Corp.; Series 2019, RB(e)		5.00	%		08/15/2044		1,645	1,534,141
El Paso (City of), TX; Series 2021 B, GO Bonds		4.00	%		08/15/2047		6,000	5,756,025
Fort Worth Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		7,000	6,858,755
Galveston (City of), TX;
Series 2014, RB		5.63	%		09/01/2028		1,180	981,551
Series 2014, RB		6.00	%		09/01/2038		3,325	2,314,214
Series 2014, RB		6.13	%		09/01/2044		3,125	2,102,119

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Texas–(continued)
Godley Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		02/15/2054	$	7,375	$        7,929,599
Grand Parkway Transportation Corp.; Series 2015 XF2034, Revenue Ctfs.(f)(i)(j)		5.00	%		10/01/2023		10,000	10,051,207
Grand Parkway Transportation Corp. (Tesla Supported); Series 2018 A, RB		5.00	%		10/01/2048		32,525	34,039,780
Gulf Coast Industrial Development Authority; Series 1998, RB(b)		8.00	%		04/01/2028		20	20,016
Harris (County of), TX Toll Road Authority (The); Series 2021, Ref. RB		4.00	%		08/15/2045		18,050	17,449,390
Hays (County of), TX (La Cima Public Improvement District);
Series 2022, RB(e)		5.50	%		09/15/2042		2,000	2,003,773
Series 2022, RB(e)		5.75	%		09/15/2052		3,550	3,549,642
Highway 380 Municipal Management District No. 1; Series 2022, GO Bonds (INS - BAM)(d)		4.00	%		05/01/2044		2,355	2,118,600
Hitchcock Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		7,250	6,965,339
Houston (City of), TX;
Series 2020 C, Ref. RB		4.00	%		11/15/2049		3,500	3,378,237
Series 2021 A, RB(b)		4.00	%		07/01/2046		6,400	5,956,867
Series 2021 A, RB(b)		4.00	%		07/01/2048		5	4,633
Houston (City of), TX Airport System (United Airlines, Inc. Terminal E);
Series 2014, Ref. RB(b)		5.00	%		07/01/2029		1,000	1,000,166
Series 2020 A, Ref. RB(b)		5.00	%		07/01/2027		1,250	1,261,171
Houston (City of), TX Airport System (United Airlines, Inc.);
Series 2018, RB(b)		5.00	%		07/15/2028		8,250	8,362,354
Series 2020 B-2, Ref. RB(b)		5.00	%		07/15/2027		1,750	1,765,914
Series 2021 B-1, RB(b)		4.00	%		07/15/2041		15,000	13,094,604
Humble Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)(j)		4.00	%		02/15/2052		20,500	19,535,906
Krum Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2052		2,500	2,301,191
Lamar Consolidated Independent School District;
Series 2023, GO Bonds(j)		4.00	%		02/15/2048		37,500	36,025,894
Series 2023, GO Bonds(j)		4.00	%		02/15/2053		35,000	33,007,405
Laredo (City of), TX; Series 2020 A, RB		4.00	%		03/01/2050		5,975	5,648,947
Little Elm (Town of), TX; Series 2022, RB(e)		6.88	%		09/01/2052		2,700	2,813,928
Mclendon-Chisholm (City of), TX (Sonoma Public Improvement); Series 2022, RB(e)		5.75	%		09/15/2052		2,500	2,437,563
Midlothian (City of), TX (Westside Preserve Public Improvement District);
Series 2022, RB(e)		5.25	%		09/15/2042		1,500	1,431,625
Series 2022, RB(e)		5.38	%		09/15/2052		2,500	2,369,409
Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB(b)(e)		4.63	%		10/01/2031		25,000	24,233,530
New Hope Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community);
Series 2021 A-1, RB		7.50	%		11/15/2037		150	115,706
Series 2021 A-2, RB		7.50	%		11/15/2036		2,100	1,722,727
Series 2021, RB		2.00	%		11/15/2061		3,922	1,602,089
New Hope Cultural Education Facilities Finance Corp. (Cardinal Bay, Inc. - Village on the Park/Carriage Inn); Series 2016 A-1, RB		5.00	%		07/01/2031		350	239,750
New Hope Cultural Education Facilities Finance Corp. (Cardinal Bay, Inc.);
Series 2016, RB		5.00	%		07/02/2046		1,750	1,198,750
Series 2016, RB		5.00	%		07/03/2051		1,750	1,198,750
New Hope Cultural Education Facilities Finance Corp. (CHF - Collegiate Housing Denton, LLC - Texas Woman’s University);
Series 2018 A-1, RB (INS - AGM)(d)		5.00	%		07/01/2038		500	509,781
Series 2018 A-1, RB (INS - AGM)(d)		5.00	%		07/01/2048		1,750	1,762,711
Series 2018 A-1, RB (INS - AGM)(d)		5.00	%		07/01/2058		2,400	2,412,307
New Hope Cultural Education Facilities Finance Corp. (CHF - Collegiate Housing San Antonio I, LLC - Texas A&M University); Series 2016 A, RB(f)(i)		5.00	%		04/01/2026		2,315	2,425,036
New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy);
Series 2020 A, RB(e)		5.00	%		08/15/2040		2,390	2,180,993
Series 2020 A, RB(e)		5.00	%		08/15/2050		2,220	1,905,397
New Hope Cultural Education Facilities Finance Corp. (Legacy Midtown Park); Series 2018 A, RB		5.50	%		07/01/2054		8,250	6,360,677
New Hope Cultural Education Facilities Finance Corp. (Legacy Preparatory Charter Academy);
Series 2018 A, RB(e)		6.00	%		08/15/2037		1,000	1,023,699
Series 2018 A, RB(e)		6.00	%		08/15/2047		13,435	13,586,841

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Texas–(continued)
New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford);
Series 2016 A, RB		5.38	%		11/15/2036	$	400	$           349,297
Series 2016 A, RB		5.50	%		11/15/2046		650	530,113
Series 2016 A, RB		5.50	%		11/15/2052		3,425	2,716,871
New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The));
Series 2022 A, RB		6.63	%		10/01/2043		12,185	11,127,146
Series 2022 A, RB		6.75	%		10/01/2052		8,935	8,017,835
Series 2022 A, RB		6.88	%		10/01/2057		15,910	14,260,757
New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North);
Series 2018, Ref. RB		5.25	%		10/01/2049		3,700	2,948,101
Series 2020, RB		5.25	%		10/01/2055		12,390	9,600,458
New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.); Series 2014, RB		5.50	%		01/01/2049		1,300	1,041,955
North Central Texas Housing Finance Corp. (Village of Kaufman Apartments); Series 2012, RB(f)		6.15	%		01/01/2029		1,445	1,445,922
North Parkway Municipal Management District No. 1;
Series 2021, RB(e)		4.00	%		09/15/2041		500	431,310
Series 2021, RB(e)		4.25	%		09/15/2051		1,000	841,784
North Parkway Municipal Management District No. 1 (Major Improvements);
Series 2021, RB(e)		4.75	%		09/15/2041		2,000	1,869,637
Series 2021, RB(e)		5.00	%		09/15/2051		3,500	3,227,010
Pilot Point (City of), TX (Creekview Public Improvement District Zone A);
Series 2022, RB(e)		5.75	%		09/15/2032		340	339,724
Series 2022, RB(e)		5.50	%		09/15/2042		800	787,784
Series 2022, RB(e)		5.63	%		09/15/2052		1,450	1,425,337
Series 2022, RB(e)		6.13	%		09/15/2052		2,070	2,095,076
Pilot Point (City of), TX (Creekview Public Improvement District Zone B);
Series 2022, RB(e)		5.50	%		09/15/2042		750	738,547
Series 2022, RB(e)		5.63	%		09/15/2052		1,300	1,277,889
Pilot Point (City of), TX (Mobberly Public Area No. 2);
Series 2022, RB(e)		5.38	%		09/15/2027		350	350,892
Series 2022, RB(e)		5.63	%		09/15/2032		400	404,556
Series 2022, RB(e)		6.00	%		09/15/2052		4,000	4,041,600
Pilot Point (City of), TX (Mobberly Public Improvement District);
Series 2022, RB(e)		5.50	%		09/15/2048		2,000	1,975,602
Series 2022, RB(e)		6.50	%		09/15/2052		1,484	1,511,568
Pottsboro Higher Education Finance Corp. (Imagine International Academy of North Texas LLC);
Series 2016 A, RB		5.00	%		08/15/2036		655	623,310
Series 2016 A, RB		5.00	%		08/15/2046		1,000	905,673
Princeton (City of), TX (Eastridge Public Improvement District);
Series 2022, RB(e)		5.13	%		09/01/2042		845	824,901
Series 2022, RB(e)		5.25	%		09/01/2052		1,375	1,317,457
Red River Education Finance Corp. (Houston Baptist University); Series 2017, Ref. RB		5.50	%		10/01/2046		9,620	9,814,102
Red River Health Facilities Development Corp. (MRC Crossing); Series 2014 A, RB(f)(i)		8.00	%		11/15/2024		3,000	3,187,584
Rockwall Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		10,000	9,824,193
Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area); Series 2016, RB		6.00	%		09/15/2046		450	450,114
Sabine Neches Housing Finance Corp. (Fox Run Apartments); Series 2012, RB(f)		6.15	%		01/01/2029		1,725	1,725,220
San Antonio (City of), TX;
Series 2021 A, RB(j)		5.00	%		02/01/2046		10,000	10,671,339
Series 2021 A, RB(j)		5.00	%		02/01/2049		3,605	3,845,729
San Antonio Municipal Facilities Corp. (City Tower Renovation); Series 2021, RB		4.00	%		08/01/2048		13,000	12,774,921
San Antonio Water System; Series 2023, RB(j)		4.00	%		05/15/2051		20,000	18,414,218
Sanger Industrial Development Corp. (Texas Pellets); Series 2012 C, RB (Acquired 08/31/2012; Cost $26,820,000)(b)(g)(h)(l)		7.50	%		07/01/2038		26,820	6,705,000
Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana);
Series 2017, RB		6.75	%		11/15/2047		3,500	3,491,523
Series 2017, RB		6.75	%		11/15/2052		2,100	2,073,459

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Texas–(continued)
Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home);
Series 2017 A, RB(g)		6.38	%		02/15/2048	$	5,710	$        3,140,500
Series 2017 A, RB(g)		6.38	%		02/15/2052		3,000	1,650,000
Series 2017, RB(g)		6.38	%		02/15/2041		2,075	1,141,250
Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks);
Series 2020, Ref. RB		6.25	%		11/15/2031		500	480,348
Series 2020, Ref. RB		6.63	%		11/15/2041		2,000	1,864,219
Series 2020, Ref. RB		6.75	%		11/15/2051		3,000	2,701,299
Series 2020, Ref. RB		6.88	%		11/15/2055		3,555	3,226,164
Texas (State of) Transportation Commission (Central Texas Turnpike System); Series 2015 C, Ref. RB		5.00	%		08/15/2042		18,825	18,904,402
Texas (State of) Water Development Board;
Series 2018, RB(j)		5.00	%		10/15/2053		13,515	14,255,919
Series 2019 A, RB		4.00	%		10/15/2044		5,000	4,937,213
Series 2021, RB		4.00	%		10/15/2056		15,000	14,604,882
Texas City Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2053		8,500	8,201,359
Texas State Student Housing Corp.;
Series 2001, RB(g)		6.85	%		07/01/2031		215	210,700
Series 2001, RB		6.75	%		12/31/2049		145	145,000
Texas State Technical College;
Series 2022, RB (INS - AGM)(d)(j)		5.50	%		08/01/2042		12,500	14,079,813
Series 2022, RB (INS - AGM)(d)(j)		6.00	%		08/01/2054		6,000	6,868,699
Vintage Township Public Facilities Corp.; Series 2008 A, RB		7.38	%		10/01/2038		1,896	1,898,299
Waxahachie (City of), TX; Series 2015, RB		6.00	%		08/15/2045		6,125	6,109,447
Williamson (County of), TX Municipal Utility District No. 28;
Series 2022, GO Bonds (INS - AGM)(d)		4.25	%		10/01/2044		1,360	1,361,013
Series 2022, GO Bonds (INS - AGM)(d)		4.25	%		10/01/2047		1,540	1,520,875
Series 2022, GO Bonds (INS - AGM)(d)		4.38	%		10/01/2048		1,805	1,807,900
Series 2022, GO Bonds (INS - AGM)(d)		4.50	%		10/01/2050		1,510	1,518,326
Ysleta Independent School District;
Series 2020, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2050		8,700	8,081,988
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)(j)		5.00	%		08/15/2056		17,340	18,763,356
								799,369,503
Utah–1.22%
Auto Mall & Retail Public Infrastructure District; Series 2023 A, GO Bonds(c)(e)		8.25	%		03/01/2053		18,700	13,935,524
Black Desert Public Infrastructure District; Series 2021 B, GO Bonds(e)		7.38	%		09/15/2051		5,500	4,498,983
Downtown East Streetcar Sewer Public Infrastructure District;
Series 2022 A, GO Bonds(e)		6.00	%		03/01/2053		6,500	6,454,516
Series 2022 B, GO Bonds(e)		9.00	%		03/15/2053		1,239	1,232,015
Gateway at Sand Hollow Public Infrastructure District No. 1; Series 2021 A, GO Bonds(e)		5.50	%		03/01/2051		11,500	8,766,192
Hideout (Town of), UT Local District No. 1;
Series 2014, RB		7.75	%		08/01/2024		80	80,286
Series 2014, RB		8.25	%		08/01/2034		610	602,474
Pine View Public Infrastructure District No. 1; Series 2021 A, GO Bonds(e)		6.00	%		03/01/2051		13,815	10,879,545
Red Bridge Public Infrastructure District No. 1;
Series 2021 A, GO Bonds(e)		4.38	%		02/01/2051		1,000	746,162
Series 2021 B, GO Bonds(e)		7.38	%		08/15/2051		600	484,114
Salt Lake City (City of), UT;
Series 2017 A, RB(b)		5.00	%		07/01/2047		5,000	5,075,613
Series 2021 A, RB (INS - AGM)(b)(d)		4.00	%		07/01/2051		20,420	18,793,888
Utah (State of) Charter School Finance Authority (Endeavour Hall);
Series 2012, RB		6.00	%		07/15/2032		1,750	1,749,875
Series 2012, RB		6.25	%		07/15/2042		3,870	3,844,078
Utah (State of) Charter School Finance Authority (Esperanza Elementary School);
Series 2018 A, RB(e)		5.00	%		10/15/2038		2,330	2,223,988
Series 2018 A, RB(e)		5.25	%		10/15/2048		2,205	2,039,269
Utah (State of) Charter School Finance Authority (Leadership Learning Academy); Series 2019 A, RB(e)		5.00	%		06/15/2050		2,000	1,753,332

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Utah–(continued)
Utah (State of) Charter School Finance Authority (Merit Preparatory Academy); Series 2019 A, RB(e)		5.38	%		06/15/2049	$	3,645	$        3,258,814
Utah (State of) Charter School Finance Authority (Reagan Academy); Series 2016 A, Ref. RB(e)		5.00	%		02/15/2046		855	793,609
Utah (State of) Charter School Finance Authority (The Freedom Academy Foundation);
Series 2017, Ref. RB(e)		5.25	%		06/15/2037		4,810	4,638,672
Series 2017, Ref. RB(e)		5.38	%		06/15/2048		8,415	7,778,653
								99,629,602
Vermont–0.08%
East Central Vermont Telecommunications District;
Series 2018 A, RB(e)		5.75	%		12/01/2036		1,450	1,455,283
Series 2018 A, RB(e)		5.60	%		12/01/2043		960	951,883
Series 2019 A, RB(e)		5.00	%		12/01/2048		4,330	3,808,715
								6,215,881
Virgin Islands–0.17%
Tobacco Settlement Financing Corp.; Series 2006 A, RB(k)		0.00	%		05/15/2035		28,550	13,685,971
Virginia–0.71%
Atlantic Park Community Development Authority; Series 2023, RB(e)		6.25	%		08/01/2045		16,865	15,956,115
Celebrate North Community Development Authority; Series 2003 B, RB(g)(h)		6.75	%		03/01/2034		1,294	841,100
Lewistown (City of), VA Commerce Center Community Development Authority;
Series 2014 A, RB		6.05	%		03/01/2044		919	706,265
Series 2014 B, RB		6.05	%		03/01/2044		2,607	2,169,159
Series 2014 C, RB(g)		6.05	%		03/01/2054		2,183	1,091,507
Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor’s Edge); Series 2019 A, RB		5.25	%		01/01/2054		13,300	10,448,637
Peninsula Town Center Community Development Authority; Series 2018, Ref. RB(e)		5.00	%		09/01/2045		1,000	926,524
Richmond (City of), VA Redevelopment & Housing Authority; Series 2017, RB(e)		5.55	%		01/01/2037		2,100	1,874,651
Roanoke (City of), VA Economic Development Authority (Richfield Living);
Series 2020, RB(g)		5.00	%		09/01/2050		3,910	2,441,873
Series 2020, RB (Acquired 01/23/2020-09/15/2020; Cost $2,749,000)(g)(l)		5.13	%		09/01/2055		2,920	1,813,485
Roanoke (County of), VA Economic Development Authority;
Series 2019 A, Ref. RB(g)		5.25	%		09/01/2049		14,735	9,561,334
Series 2019 A, Ref. RB(g)		5.38	%		09/01/2054		7,215	4,607,376
Tobacco Settlement Financing Corp.; Series 2007 B-1, RB		5.00	%		06/01/2047		1,515	1,409,014
Virginia (Commonwealth of) Small Business Financing Authority (Covanta); Series 2018, RB(b)(e)(f)		5.00	%		07/01/2038		4,690	4,329,320
								58,176,360
Washington–1.60%
Kalispel Tribe of Indians;
Series 2018 A, RB(e)		5.00	%		01/01/2032		2,185	2,247,275
Series 2018 A, RB(e)		5.25	%		01/01/2038		3,000	3,085,535
Series 2018 B, RB(e)		5.00	%		01/01/2032		500	514,250
Series 2018 B, RB(e)		5.25	%		01/01/2038		1,000	1,028,512
Kelso (City of), WA Housing Authority (Chinook & Columbia Apartments); Series 1998, RB		5.60	%		03/01/2028		110	109,763
Kitsap (County of), WA Consolidated Housing Authority; Series 2001 A, RB(b)		6.10	%		10/01/2031		45	43,516
Port of Seattle Industrial Development Corp. (Delta Airlines); Series 2012, Ref. RB(b)		5.00	%		04/01/2030		2,125	2,125,726
Seattle (Port of), WA;
Series 2021 C, Ref. RB(b)		5.00	%		08/01/2046		12,000	12,518,400
Series 2022 B, Ref. RB(b)		4.00	%		08/01/2047		3,000	2,701,915
Series 2022 B, Ref. RB(b)		5.00	%		08/01/2047		6,500	6,772,034
Series 2022 B, Ref. RB(b)		5.50	%		08/01/2047		2,500	2,707,682
Series 2022, RB(b)(j)		5.00	%		04/01/2044		25,295	26,270,669
Tacoma (City of), WA Consolidated Local Improvement Districts; Series 2013, RB		5.75	%		04/01/2043		1,940	1,859,879
Washington (State of) Economic Development Finance Authority (Columbia Pulp I, LLC); Series 2017 A, RB(b)(e)(g)		7.50	%		01/01/2032		26,355	15,813,000
Washington (State of) Economic Development Finance Authority (Green Bonds); Series 2020 A, RB(b)(e)		5.63	%		12/01/2040		8,000	7,761,910

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

		Interest Rate			Maturity Date		Principal   Amount (000)		Value
Washington–(continued)
Washington (State of) Economic Development Finance Authority (North Pacific Paper); Series 2020 B, Ref. RB(e)			9.00	%		12/01/2036	$	16,050	$      15,807,196
Washington (State of) Housing Finance Commission (Heron’s Key Senior Living);
Series 2015 A, RB(e)(f)(i)			7.00	%		07/01/2025		1,000	1,064,204
Series 2015 A, RB(e)(f)(i)			7.00	%		07/01/2025		1,700	1,809,147
Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.); Series 2016 A, Ref. RB(e)			5.00	%		01/01/2046		6,000	4,499,738
Washington (State of) Housing Finance Commission (Social Certificates); Series 2021-1A, Revenue Ctfs.			3.50	%		12/20/2035		20,971	19,196,602
Washington (State of) Housing Finance Commission (Transforming Age); Series 2019 A, RB(e)			5.00	%		01/01/2055		3,265	2,315,612
									130,252,565
West Virginia–0.89%
Harrison (County of), WV Commission (Charles Pointe No. 2); Series 2013, Ref. RB(e)(g)			7.00	%		06/01/2035		27,145	13,572,500
Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District);
Series 2019 A, RB(e)			5.75	%		06/01/2042		18,975	13,793,415
Series 2019 B, Ref. RB(e)			7.50	%		06/01/2042		5,285	4,109,332
Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District);
Series 2017 A, Ref. RB(e)			5.75	%		06/01/2043		3,435	3,504,850
Series 2020, Ref. RB(e)			7.50	%		06/01/2043		9,060	9,795,956
Ohio (County of), WV Development Authority (Sports Complex); Series 2018, RB			5.00	%		09/01/2048		10,465	7,491,644
West Virginia (State of) Economic Development Authority (Empire Green Gerenation LLC); Series 2023, RB(b)(e)			9.50	%		05/01/2043		20,000	19,943,766
									72,211,463
Wisconsin–1.32%
Gillett (City of), WI; Series 2021 A, RB(b)(e)			5.50	%		12/01/2032		4,600	3,820,732
Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System);
Series 2019, Ref. RB			5.00	%		11/01/2039		1,950	1,664,394
Series 2019, Ref. RB			5.00	%		11/01/2046		3,200	2,565,551
Series 2019, Ref. RB			5.00	%		11/01/2054		7,000	5,366,080
Wisconsin (State of) Health & Educational Facilities Authority (Clement Manor, Inc.); Series 2019, Ref. RB			5.00	%		08/01/2049		2,750	1,877,675
Wisconsin (State of) Public Finance Authority;
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $15,176)(e)(k)(l)			0.00	%		01/01/2047		156	3,393
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2048		136	2,820
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $12,501)(e)(k)(l)			0.00	%		01/01/2049		134	2,626
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $11,835)(e)(k)(l)			0.00	%		01/01/2050		129	2,366
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $11,384)(e)(k)(l)			0.00	%		01/01/2051		127	2,211
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2052		165	2,678
Series 2005 A-1, RB(e)(k)	��		0.00	%		01/01/2053		163	2,513
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2054		158	2,291
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2055		154	2,128
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2056		151	1,987
Series 2005 A-1, RB(e)(g)			5.50	%		07/01/2056		8,230	4,581,033
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2057		168	2,078
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2058		163	1,920
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2059		159	1,781
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2060		156	1,641
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2061		153	1,528
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2062		149	1,407
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2063		146	1,309
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2064		143	1,222
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2065		140	1,131
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2066		151	1,130
Series 2005 A-1, RB(e)(k)			0.00	%		01/01/2067		1,821	12,337
Series 2012 C, Ref. RB(b)			5.25	%		07/01/2028		1,500	1,500,948
Series 2012, RB			6.00	%		09/01/2045		5,875	5,492,067

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
Wisconsin–(continued)
Series 2015 A, RB		6.00	%		02/01/2045	$	1,910	$        1,857,959
Series 2016 A, RB(e)		5.25	%		05/01/2046		2,500	2,236,585
Series 2016 A, RB		5.25	%		01/01/2052		10,960	8,405,576
Series 2018, RB (INS - AGM)(d)		5.00	%		07/01/2058		7,900	8,113,840
Series 2019, RB(e)		5.00	%		06/15/2054		455	394,690
Wisconsin (State of) Public Finance Authority (21st Century Public Academy);
Series 2020 A, RB(e)		5.00	%		06/01/2040		760	668,641
Series 2020 A, RB(e)		5.00	%		06/01/2049		1,340	1,098,038
Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands); Series 2017, RB(e)(g)		6.75	%		08/01/2031		22,000	14,300,000
Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth); Series 2016 A, RB(e)		5.13	%		06/01/2048		2,075	1,814,790
Wisconsin (State of) Public Finance Authority (Capitol Encore Academy (The));
Series 2019 A, RB(e)		4.75	%		06/01/2029		250	238,566
Series 2019 A, RB(e)		5.25	%		06/01/2039		750	682,601
Series 2019 A, RB(e)		5.50	%		06/01/2049		1,940	1,726,938
Wisconsin (State of) Public Finance Authority (Dreamhouse);
Series 2022 A, RB(e)		5.75	%		06/01/2025		16,975	17,007,463
Series 2022 B, RB(e)		7.50	%		06/01/2025		1,970	1,921,831
Wisconsin (State of) Public Finance Authority (Explore Knowledge Foundation);
Series 2012 A, RB		5.75	%		07/15/2032		930	930,513
Series 2012 A, RB		6.00	%		07/15/2042		1,345	1,345,630
Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy); Series 2019, RB(e)		5.00	%		06/15/2049		520	459,376
Wisconsin (State of) Public Finance Authority (Rider University);
Series 2021 A, Ref. RB(e)		4.50	%		07/01/2048		5,000	3,867,479
Series 2021 B, RB(e)		6.00	%		07/01/2031		7,040	6,218,203
Wisconsin (State of) Public Finance Authority (Traders Point Christian Schools);
Series 2019 A, RB(e)		5.38	%		06/01/2044		3,495	2,956,225
Series 2019 A, RB(e)		5.50	%		06/01/2054		4,320	3,569,397
Series 2019, RB(e)		5.62	%		06/01/2029		730	682,098
								107,417,416
Total Municipal Obligations (Cost $9,841,648,480)								9,269,988,009
						Shares
Common Stocks & Other Equity Interests–0.35%
Delta Air Lines, Inc.(o)							7,679	278,978
General Motors Co.							2,919	94,605
Energy Harbor Corp.(o)							363,120	28,096,410
Total Common Stocks & Other Equity Interests (Cost $11,063,438)								28,469,993
	Interest Rate			Maturity Date		Principal Amount (000)
U.S. Dollar Denominated Bonds & Notes–0.28%
California–0.17%
CalPlant I LLC;
Series 21A(e)(h)		9.50	%		05/31/2023	$	1,005	1,005,000
Series 21B(e)(h)		9.50	%		08/31/2023		3,820	3,820,000
Series 22A(e)(h)		9.50	%		08/31/2023		2,105	2,105,000
Series 22B(e)(h)		9.50	%		08/31/2023		180	180,000
Series 22C(e)(h)		9.50	%		08/31/2023		1,380	1,380,000
Series 22X(e)		9.50	%		08/31/2023		2,075	2,075,000
Series 23A(e)(h)		9.50	%		08/31/2023		730	730,000
Series 23B(e)(h)		9.50	%		08/31/2023		650	650,000
Series 23C(h)		9.50	%		05/31/2023		1,035	1,035,000
Series 23D(e)		9.50	%		07/31/2023		900	900,000
								13,880,000
North Dakota–0.02%
Red River Biorefinery LLC; Class 23ASeries 23A(e)		15.00	%		12/31/2023		2,000	2,000,000

See accompanying notes which are an integral part of this schedule.

Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal   Amount (000)		Value
West Virginia–0.09%
Empire South Terminal of West Virginia LLC(e)		14.00	%		11/01/2023	$	6,850	$	7,029,813
Total U.S. Dollar Denominated Bonds & Notes (Cost $22,730,000)									22,909,813
TOTAL INVESTMENTS IN SECURITIES(p)–114.49% (Cost $9,875,441,918)									9,321,367,815
FLOATING RATE NOTE OBLIGATIONS–(15.11)%
Notes with interest and fee rates ranging from 3.45% to 4.18% at 05/31/2023 and contractual maturities of collateral ranging from 05/01/2029 to 05/15/2062(q)									(1,230,430,000	)
BORROWINGS–(2.10)%									(170,600,000	)
OTHER ASSETS LESS LIABILITIES–2.72%									221,593,369
NET ASSETS–100.00%								$	8,141,931,184

Investment Abbreviations:

AGC	– Assured Guaranty Corp.
AGM	– Assured Guaranty Municipal Corp.
BAM	– Build America Mutual Assurance Co.
CEP	– Credit Enhancement Provider
CHF	– Swiss Franc
COP	– Certificates of Participation
Ctfs.	– Certificates
FNMA	– Federal National Mortgage Association
GNMA	– Government National Mortgage Association
GO	– General Obligation
IDR	– Industrial Development Revenue Bonds
INS	– Insurer
NATL	– National Public Finance Guarantee Corp.
PCR	– Pollution Control Revenue Bonds
RB	– Revenue Bonds
Ref.	– Refunding
RN	– Revenue Notes
Wts.	– Warrants

Notes to Schedule of Investments:

^(a)  Calculated as a percentage of net assets. Amounts in excess of 100% are due to the Fund’s use of leverage.

^(b)  Security subject to the alternative minimum tax.

^(c)  Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date.

^(d)  Principal and/or interest payments are secured by the bond insurance company listed.

^(e)  Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). 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, 2023 was $1,126,309,503, which represented 13.83% of the Fund’s Net Assets.

^(f)  Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

^(g)  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, 2023 was $230,605,353, which represented 2.83% of the Fund’s Net Assets.

^(h)  Security valued using significant unobservable inputs (Level 3). See Note 1.

⁽ⁱ⁾  Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

^(j)  Underlying security related to TOB Trusts entered into by the Fund.

^(k)  Zero coupon bond issued at a discount.

^(l)  Restricted security. The aggregate value of these securities at May 31, 2023 was $97,242,991, which represented 1.19% of the Fund’s Net Assets.

^(m)  Security is subject to a reimbursement agreement which may require the Fund 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 Fund could ultimately be required to make under the agreement is $99,060,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts.

⁽ⁿ⁾  The issuer is paying less than stated interest, but is not in default on principal because scheduled principal payments have not yet begun.

^(o)  Non-income producing security.

^(p)  Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

^(q)  Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at May 31, 2023. At May 31, 2023, the Fund’s investments with a value of $1,746,358,030 are held by TOB Trusts and serve as collateral for the $1,230,430,000 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 Rochester^® Municipal Opportunities Fund

Notes to Quarterly Schedule of Portfolio Holdings

May 31, 2023

(Unaudited)

NOTE 1–Additional Valuation Information

Generally Accepted Accounting Principles (“GAAP”) 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 investment’s assigned level:

Level 1 –	Prices are determined using quoted prices in an active market for identical assets.
Level 2 –	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 –	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.’s 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, 2023. 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.

	Level 1		Level 2		Level 3		Total
Investments in Securities
Municipal Obligations	$	–	$	9,192,806,501	$	77,181,508	$	9,269,988,009
Common Stocks & Other Equity Interests		28,469,993		–		–		28,469,993
U.S. Dollar Denominated Bonds & Notes		–		12,004,813		10,905,000		22,909,813
Total Investments in Securities		28,469,993		9,204,811,314		88,086,508		9,321,367,815
Other Investments – Assets
Investments Matured		–		7,722,497		12,023,363		19,745,860
Total Investments	$	28,469,993	$	9,212,533,811	$	100,109,871	$	9,341,113,675

A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.

The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) during the three months ended May 31, 2023:

	Value 02/28/23*		Purchases at Cost		Proceeds from Sales			Accrued Discounts/ Premiums		Realized Gain		Change in Unrealized Appreciation		Transfers into Level 3		Transfers out of Level 3			Value 05/31/23
Municipal Obligations	$	80,462,271	$	182,035	$	(3,846,534	)	$	39,662	$	415,266	$	314,582	$	–	$	(385,774	)	$	77,181,508
Investments Matured		19,937,028		–		(12,785,497	)		–		–		4,871,832		–		–			12,023,363
U.S. Dollar Denominated Bonds & Notes		9,220,000		1,035,000		–			–		–		–		650,000		–			10,905,000
Total	$	109,619,299	$	1,217,035	$	(16,632,031	)	$	39,662	$	415,266	$	5,186,414	$	650,000	$	(385,774	)	$	100,109,871

* Prior year balances have been adjusted for a change in security classification.

Securities determined to be Level 3 at the end of the reporting period were valued primarily by utilizing evaluated prices from a third-party vendor pricing service. A significant change in third-party pricing information could result in a lower or higher value in Level 3 investments.

Invesco Rochester^® Municipal Opportunities Fund