Aim Tax Exempt Funds NPORT-P Invesco Rochester Municipal Opportunities Fund (May 2024 report)

Schedule of Investments

May 31, 2024

(Unaudited)

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Municipal Obligations–109.35%(a)
Alabama–1.98%
Birmingham (City of) & Jefferson (County of), AL Civic Center Authority;
Series 2018 A, RB		4.00	%		07/01/2043	$	7,040	$     6,602,618
Series 2018 A, RB		5.00	%		07/01/2048		20,000	20,346,656
Series 2018 D, RB		5.00	%		05/01/2035		1,365	1,425,937
Series 2018 D, RB		5.00	%		05/01/2036		1,170	1,220,745
Series 2018 D, RB		5.00	%		05/01/2048		12,870	13,043,230
Homewood (City of), AL Educational Building Authority (Samford University); Series 2017 A, Ref. RB		5.00	%		12/01/2047		4,500	4,487,649
Hoover (City of), AL Industrial Development Board (United States Steel Corp.); Series 2019, RB(b)		5.75	%		10/01/2049		16,000	16,493,622
Jefferson (County of), AL; Series 2024, Ref. Revenue Wts.		5.50	%		10/01/2053		10,800	11,653,792
Mobile (City of), AL Improvement District (McGowin Park);
Series 2016 A, RB		5.25	%		08/01/2030		500	472,355
Series 2016 A, RB		5.50	%		08/01/2035		1,300	1,214,533
Mobile (County of), AL (Gomessa); Series 2020, Revenue Wts.(c)		4.00	%		11/01/2045		2,425	2,167,134
Muscle Shoals, Sheffield & Tuscumbia Solid Waste Disposal Authority (Cherokee Industrial Landfill);
Series 2020 A, RB (Acquired 06/10/2020; Cost $6,000,000)(b)(c)(d)(e)(f)		6.00	%		05/01/2025		6,000	6,406,120
Series 2020 B, RB (Acquired 06/10/2020; Cost $1,351,203)(c)(d)(e)(f)		8.00	%		05/01/2025		1,351	1,416,685
Southeast Alabama Gas Supply District (The) (No. 2); Series 2024 B, Ref. RB(e)		5.00	%		05/01/2032		34,000	35,746,889
Southeast Energy Authority, a Cooperative District (No. 2); Series 2021 B, RB(e)		4.00	%		12/01/2031		15,835	15,545,427
Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); Series 2019 A, Ref. IDR(c)		5.25	%		05/01/2044		45,365	45,616,054
								183,859,446
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	22,094
Series 2007 C, RB(g)		6.00	%		12/01/2036		500	6,695
								28,789
Arizona–2.30%
Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital); Series 2014, Ref. RB(d)		5.00	%		12/01/2039		13,550	13,626,398
Arizona (State of) Industrial Development Authority; Series 2019-2A, Revenue Ctfs.		3.63	%		05/20/2033		6,874	6,221,653
Arizona (State of) Industrial Development Authority (Academies of Math & Science);
Series 2018 B, RB(c)		5.50	%		07/01/2038		1,165	1,181,122
Series 2018 B, RB(c)		5.63	%		07/01/2048		2,250	2,266,219
Series 2018 B, RB(c)		5.75	%		07/01/2053		3,500	3,529,774
Arizona (State of) Industrial Development Authority (ACCEL Schools);
Series 2018 A, RB(c)		5.13	%		08/01/2038		2,515	2,454,248
Series 2018 A, RB(c)		5.25	%		08/01/2048		3,945	3,640,521
Arizona (State of) Industrial Development Authority (Franklin Phonetic Charter School);
Series 2017, Ref. RB(c)		5.50	%		07/01/2037		580	577,833
Series 2017, Ref. RB(c)		5.75	%		07/01/2047		680	666,354
Series 2017, Ref. RB(c)		5.88	%		07/01/2052		645	636,667
Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado); Series 2019, RB(c)		5.00	%		07/01/2054		3,000	2,735,428
Arizona (State of) Industrial Development Authority (Mater Academy of Nevada Mountain Vista Campus Project);
Series 2018 A, RB(c)		5.25	%		12/15/2038		1,415	1,425,298
Series 2018 A, RB(c)		5.50	%		12/15/2048		2,260	2,266,292
Arizona (State of) Industrial Development Authority (Provident Group-NCCU Properties LLC); Series 2019 A, RB (INS - BAM)(h)		5.00	%		06/01/2049		2,250	2,300,262
Cadence Community Facilities District (Assessment District No. 1); Series 2019, RB		4.50	%		07/01/2043		445	390,210

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)
East San Luis (City of), AZ Community Facilities District (Assessment Area One); Series 2007, RB(i)		6.38	%		01/01/2028	$	550	$       521,151
Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus); Series 2017, Ref. RB		5.00	%		11/15/2045		3,100	2,525,861
Maricopa (County of), AZ Industrial Development Authority (Christian Care Surprise, Inc.); Series 2016, RB(c)		6.00	%		01/01/2048		11,475	8,499,560
Maricopa (County of), AZ Industrial Development Authority (GreatHearts Arizona);
Series 2017 C, RB (CEP - Ohio School District)		5.00	%		07/01/2037		220	224,201
Series 2017 C, RB (CEP - Ohio School District)		5.00	%		07/01/2048		405	407,061
Maricopa (County of), AZ Industrial Development Authority (Valley Christian Schools);
Series 2023, RB(c)		6.00	%		07/01/2043		1,885	1,921,328
Series 2023, RB(c)		6.25	%		07/01/2053		1,900	1,928,603
Series 2023, RB(c)		6.38	%		07/01/2058		2,000	2,036,588
Merrill Ranch Community Facilities District No. 1 (Assessment Area One); Series 2006, RB		5.25	%		07/01/2024		46	45,996
Merrill Ranch Community Facilities District No. 2; Series 2016, GO Bonds		5.25	%		07/15/2040		810	829,934
Merrill Ranch Community Facilities District No. 2 (Assessment Area One);
Series 2006, RB		5.25	%		07/01/2024		42	41,996
Series 2006, RB		5.30	%		07/01/2030		382	377,191
Parkway Community Facilities District No. 1 Prescott Valley;
Series 2006, GO Bonds		5.30	%		07/15/2025		180	173,547
Series 2006, GO Bonds		5.35	%		07/15/2031		350	282,626
Phoenix (City of), AZ Industrial Development Authority (Espiritu Community Development Corp. Charter School); Series 2006 A, RB		6.25	%		07/01/2036		1,485	1,427,785
Phoenix (City of), AZ Industrial Development Authority (Freedom Academy, Inc.); Series 2016, RB(c)		5.50	%		07/01/2046		4,135	4,157,328
Phoenix (City of), AZ Industrial Development Authority (Gourmet Boutique West LLC); Series 2007 B, IDR (Acquired 03/01/2007-03/20/2019; Cost $2,215,000)(b)(f)		5.88	%		11/01/2037		2,375	2,105,615
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	1,002,304
Phoenix (City of), AZ Industrial Development Authority (The) (Overland Crossing); Series 2022, RB(c)		9.50	%		04/01/2052		7,900	7,000,616
Phoenix (City of), AZ Industrial Development Authority (Vista College Preparatory); Series 2018 A, RB (CEP - Ohio School District)		5.00	%		07/01/2048		1,185	1,202,015
Pima (County of), AZ Industrial Development Authority;
Series 2021, RB(c)		5.00	%		07/01/2056		2,260	2,049,606
Series 2022, RB(c)		6.88	%		11/15/2052		7,500	7,965,426
Series 2022, RB(c)		7.00	%		11/15/2057		3,975	4,235,306
Pima (County of), AZ Industrial Development Authority (American Leadership Academy); Series 2015, Ref. RB(c)		5.63	%		06/15/2045		2,250	2,255,770
Pima (County of), AZ Industrial Development Authority (Arizona Charter Schools); Series 2013 Q, Ref. RB		5.38	%		07/01/2031		2,355	2,336,460
Pima (County of), AZ Industrial Development Authority (Christian Care Tuscon, Inc.);
Series 2017 A, Ref. RB(d)(e)		5.00	%		06/15/2025		1,550	1,590,380
Series 2017 C, RB(d)(e)		5.00	%		06/15/2025		2,830	2,903,726
Pima (County of), AZ Industrial Development Authority (Excalibur Charter School (The)); Series 2016, Ref. RB(c)		5.50	%		09/01/2046		2,400	2,231,217
Pima (County of), AZ Industrial Development Authority (Milestones Charter School Refunding); Series 2017 A, Ref. RB(c)		6.50	%		11/01/2047		5,530	5,418,961
Pima (County of), AZ Industrial Development Authority (P.L.C. Charter Schools);
Series 2016, Ref. RB(c)		6.00	%		12/01/2036		3,315	3,354,670
Series 2016, Ref. RB(c)		6.00	%		12/01/2046		6,310	6,330,197
Pima (County of), AZ Industrial Development Authority (Paideia Academies (The));
Series 2015, RB(c)		6.00	%		07/01/2035		1,025	1,032,582
Series 2015, RB(c)		6.13	%		07/01/2045		3,310	3,321,235
Series 2019, RB		5.13	%		07/01/2039		650	620,721
Series 2019, RB		5.25	%		07/01/2049		810	745,451
Pinal (County of), AZ Industrial Development Authority (Green Bonds);
Series 2021 B, RB(b)(j)		5.50	%		10/01/2033		5,853	5,653,816
Series 2021 C, RB(b)(c)		5.50	%		10/01/2033		22,616	21,846,353
Pinal (County of), AZ Industrial Development Authority (San Manuel Facility); Series 2006, RB(b)		6.25	%		06/01/2026		190	188,099
Salt River Project Agricultural Improvement & Power District; Series 2023 A, RB		5.00	%		01/01/2050		17,395	18,506,520

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)
Show Low Bluff Community Facilities District (Assessment Area One); Series 2007, RB(c)		5.60	%		07/01/2031	$	170	$       153,161
Sierra (City of), AZ Vista Industrial Development Authority (American Leadership Academy Project);
Series 2023, RB(c)		5.50	%		06/15/2047		11,245	11,272,744
Series 2023, RB(c)		5.75	%		06/15/2053		5,000	5,060,728
Series 2023, RB(c)		5.75	%		06/15/2058		15,000	15,090,504
Southside Community Facilities District No. 1; Series 2008, RB(i)		7.25	%		07/01/2032		864	685,609
Tempe (City of), AZ Industrial Development Authority; Series 2022 A, RB(c)		6.50	%		08/01/2048		3,640	3,752,956
Tempe (City of), AZ Industrial Development Authority (Mirabella at ASU);
Series 2017 A, RB(c)		6.00	%		10/01/2037		1,010	709,529
Series 2017 A, RB(c)		6.13	%		10/01/2047		2,300	1,415,631
Series 2017 A, RB(c)		6.13	%		10/01/2052		2,360	1,404,518
								212,761,461
Arkansas–0.09%
Cave Springs Municipal Property Owners’ Improvement District No. 3; Series 2007, GO Bonds(i)		6.25	%		02/01/2038		4,455	4,455,000
Crystal Valley Metropolitan District No. 2; Series 2022, GO Bonds(c)		7.25	%		12/01/2052		3,600	3,454,408
								7,909,408
California–10.39%
Blythe (City of), CA Redevelopment Agency Successor Agency (Project No. 1); Series 2000 A, RB		6.20	%		05/01/2031		120	120,189
California (State of);
Series 2022, GO Bonds		4.00	%		04/01/2049		10,100	9,934,395
Series 2022, GO Bonds(k)		5.00	%		09/01/2052		23,300	25,097,826
Series 2022, Ref. GO Bonds		4.00	%		09/01/2042		8,480	8,559,258
California (State of) Community Choice Financing Authority (Clean Energy); Series 2023, RB(e)		5.25	%		04/01/2030		12,780	13,583,233
California (State of) County Tobacco Securitization Agency;
Series 2006 A, RB(l)		0.00	%		06/01/2050		520,920	106,547,883
Series 2006 B, RB(l)		0.00	%		06/01/2050		107,400	19,171,201
California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.);
Series 2002, RB		5.88	%		06/01/2035		615	615,000
Series 2002, RB		6.00	%		06/01/2042		18,985	19,391,298
Series 2006 C, RB(l)		0.00	%		06/01/2055		212,950	20,722,505
California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.);
Series 2002, RB		6.13	%		06/01/2038		5,000	5,003,619
Series 2006 A, RB(l)		0.00	%		06/01/2046		127,310	31,189,193
Series 2006 B, RB(l)		0.00	%		06/01/2046		33,920	8,046,496
Series 2006 C, RB(l)		0.00	%		06/01/2055		215,100	23,659,774
California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.); Series 2002 A, RB		5.88	%		06/01/2043		2,650	2,664,952
California (State of) Housing Finance Agency; Series 2019 A, RB		4.25	%		01/15/2035		53	51,351
California (State of) Municipal Finance Authority (Linxs APM); Series 2018 A, RB(b)		5.00	%		12/31/2047		11,095	11,056,123
California (State of) Municipal Finance Authority (Westside Neighborhood School); Series 2024, RB(c)		6.38	%		06/15/2064		2,250	2,353,915
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)(c)(f)(g)		8.00	%		12/01/2027		3,000	219,600
California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds);
Series 2017, RB (Acquired 05/25/2017; Cost $5,914,802)(b)(c)(f)(g)		7.50	%		07/01/2032		6,075	82,013
Series 2017, RB (Acquired 05/25/2017-07/17/2018; Cost $15,389,964)(b)(c)(f)(g)		8.00	%		07/01/2039		14,995	202,433
Series 2020, RB (Acquired 10/06/2020; Cost $2,531,287)(b)(c)(f)(g)		7.50	%		07/01/2032		2,650	35,775
California (State of) Public Finance Authority (Kendal at Ventura); Series 2023 A-C, RB(c)		10.00	%		05/15/2028		3,000	3,361,247
California (State of) School Finance Authority (Escuela Popular); Series 2017, RB(c)		6.50	%		07/01/2050		4,130	4,181,372
California (State of) School Finance Authority (Grimmway Schools Obligated Group); Series 2016 A, RB(c)		5.25	%		07/01/2051		5,945	5,964,435
California (State of) School Finance Authority (Kepler Neighborhood School);
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(c)		5.00	%		05/01/2027		250	249,989
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(c)		5.75	%		05/01/2037		900	907,850
Series 2017 A, RB (CEP - Colorado Higher Education Intercept Program)(c)		5.88	%		05/01/2047		1,230	1,232,689

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) School Finance Authority (Rocketship Education);
Series 2017 A, RB(c)		5.13	%		06/01/2047	$	595	$       586,697
Series 2017 A, RB(c)		5.25	%		06/01/2052		665	659,215
California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts); Series 2019, RB(c)		5.25	%		07/01/2052		1,450	1,452,494
California (State of) Statewide Communities Development Authority (Yucaipa Valley Water Reservoir); Series 2014, RB		6.00	%		09/02/2044		7,035	7,043,337
California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program);
Series 2002 A, RB		6.00	%		05/01/2037		2,885	2,946,336
Series 2002 B, RB		6.00	%		05/01/2043		12,035	12,290,968
Del Mar Race Track Authority; Series 2015, Ref. RB		5.00	%		10/01/2038		3,285	3,186,693
Fresno Unified School District; Series 2016 B, Ref. GO Bonds(l)		0.00	%		08/01/2042		7,780	3,414,655
Golden State Tobacco Securitization Corp.; Series 2021 B-2, Ref. RB(l)		0.00	%		06/01/2066		154,000	16,841,810
Lathrop (City of), CA (Community Facilities District No. 03-2); Series 2003, RB		7.00	%		09/01/2033		825	826,898
Long Beach (City of), CA (Green Bonds); Series 2017 B, RB(b)		5.00	%		05/15/2043		4,000	4,101,419
Los Angeles (City of), CA Department of Airports;
Series 2020 C, RB(b)		4.00	%		05/15/2050		10,500	9,655,456
Series 2021 A, Ref. RB(b)		5.00	%		05/15/2051		8,150	8,367,278
Series 2022 A, RB(b)		4.00	%		05/15/2049		18,575	17,045,403
Series 2022 H, RB(b)		5.25	%		05/15/2047		8,000	8,498,114
Series 2022 H, RB(b)		5.00	%		05/15/2052		4,490	4,637,582
Series 2022, RB(b)(k)		5.00	%		05/15/2047		25,205	25,420,586
Series 2022, RB(b)(k)		5.00	%		05/15/2048		30,000	30,686,723
Los Angeles (City of), CA Department of Airports (Green Bonds); Series 2022 G, RB(b)		5.00	%		05/15/2052		4,485	4,632,417
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport);
Series 2018 A, RB(b)		5.00	%		05/15/2035		1,000	1,037,623
Series 2018 A, RB(b)		5.00	%		05/15/2036		1,385	1,437,838
Series 2022, RB(b)		4.00	%		05/15/2047		10,250	9,569,457
Morongo Band of Mission Indians (The); Series 2018 A, RB(c)		5.00	%		10/01/2042		4,500	4,511,834
Placer (County of), CA (Placer Corporate Center Assessment District No. 1); Series 2000, RB		6.50	%		09/02/2030		45	45,213
Regents of the University of California Medical Center; Series 2022 P, RB		4.00	%		05/15/2053		9,500	9,040,612
Regional Airports Improvement Corp. (Los Angeles International Airport - Continental Airlines, Inc. Cargo Facilities); Series 1994, RB(b)		9.25	%		08/01/2024		1,615	1,622,992
Sacramento (City of), CA (Convention Center Complex);
Series 2018 A, RB		5.00	%		06/01/2048		3,585	3,652,660
Series 2018, RB		5.00	%		06/01/2048		6,415	6,521,996
San Diego (County of), CA Regional Airport Authority;
Series 2021 B, RB(b)		4.00	%		07/01/2040		8,750	8,432,533
Series 2021 B, RB (INS - AGM)(b)(h)		4.00	%		07/01/2051		16,750	15,500,877
Series 2021 B, RB(b)		4.00	%		07/01/2056		14,145	12,683,512
Series 2021 B, RB(b)		5.00	%		07/01/2056		15,180	15,514,529
Series 2023 B, RB(b)		5.00	%		07/01/2048		5,000	5,192,491
Series 2023 B, RB(b)		5.00	%		07/01/2053		15,000	15,458,484
Series 2023 B, RB(b)		5.25	%		07/01/2058		20,000	20,954,128
San Diego Unified School District (Election of 2022); Series 2023, GO Bonds		4.00	%		07/01/2053		17,000	16,446,774
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport);
Series 2014 A, RB(b)(d)(e)		5.00	%		08/30/2024		14,100	14,135,291
Series 2016, RB(b)		5.00	%		05/01/2046		20,630	20,690,481
Series 2019 A, RB(b)		5.00	%		05/01/2044		10,020	10,250,640
Series 2019 A, RB(b)		5.00	%		05/01/2049		90,485	92,113,341
Series 2019 E, RB(b)(d)(e)		4.00	%		05/01/2029		1,310	1,311,881
Series 2019 E, RB(b)		4.00	%		05/01/2050		13,845	12,613,959
Silicon Valley Tobacco Securitization Authority (Santa Clara);
Series 2007 A, RB(l)		0.00	%		06/01/2036		60,785	31,589,490
Series 2007 A, RB(l)		0.00	%		06/01/2047		58,990	15,285,766
Series 2007 B, RB(l)		0.00	%		06/01/2047		13,505	3,460,632
Series 2007 C, RB(l)		0.00	%		06/01/2056		61,600	6,118,204

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)
Stockton Unified School District (Election of 2008);
Series 2011 D, GO Bonds (INS - AGM)(h)(l)		0.00	%		08/01/2037	$	6,245	$     3,693,056
Series 2011 D, GO Bonds (INS - AGM)(h)(l)		0.00	%		08/01/2038		12,115	6,786,094
Series 2011 D, GO Bonds (INS - AGM)(h)(l)		0.00	%		08/01/2041		14,735	6,965,871
Series 2011 D, GO Bonds (INS - AGM)(h)(l)		0.00	%		08/01/2043		17,145	7,290,076
Sweetwater Union High School District; Series 2022, GO Bonds(k)		5.00	%		08/01/2052		47,500	50,889,294
University of California;
Series 2021 BH, Ref. RB		4.00	%		05/15/2051		3,000	2,938,322
Series 2022 BK, RB(k)(m)		5.00	%		05/15/2052		40,000	42,824,270
								963,079,916
Colorado–9.85%
3rd and Havana Metropolitan District;
Series 2020 A, GO Bonds		4.50	%		12/01/2030		2,325	2,117,612
Series 2020 A, GO Bonds		5.25	%		12/01/2049		5,200	4,346,303
Series 2020 B, GO Bonds		7.75	%		12/15/2049		1,925	1,745,664
Amber Creek Metropolitan District;
Series 2017 A, Ref. GO Bonds		5.13	%		12/01/2047		1,029	883,794
Series 2017 B, GO Bonds		7.75	%		12/15/2047		464	414,513
Arista Metropolitan District; Series 2023 B, Ref. GO Bonds		8.25	%		12/15/2039		10,000	10,175,291
Aspen Street Metropolitan District; Series 2021 A, GO Bonds		5.13	%		12/01/2050		1,075	863,400
Aurora Crossroads Metropolitan District No. 2;
Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,625	2,351,036
Series 2020 B, GO Bonds		7.75	%		12/15/2050		4,500	4,196,328
Series 2023 C, GO Bonds		8.00	%		12/15/2053		6,653	6,007,984
Aurora Highlands Community Authority Board; Series 2021 A, Ref. RB		5.75	%		12/01/2051		25,000	22,507,070
Banning Lewis Ranch Metropolitan District No. 4; Series 2018 A, GO Bonds		5.75	%		12/01/2048		3,231	3,234,534
Banning Lewis Ranch Metropolitan District No. 5;
Series 2018 A, GO Bonds		5.75	%		12/01/2048		2,195	2,197,401
Series 2018 B, GO Bonds		8.00	%		12/15/2048		500	477,435
Base Village Metropolitan District No. 2;
Series 2016 A, Ref. GO Bonds		5.75	%		12/01/2046		3,100	3,110,216
Series 2016 B, Ref. GO Bonds		6.50	%		12/15/2048		3,500	2,292,774
Baseline Metropolitan District No. 1; Series 2021 B, GO Bonds		7.50	%		12/15/2051		2,190	1,999,138
Bella Mesa Metropolitan District; Series 2020 A, GO Bonds(c)(j)		6.75	%		12/01/2049		3,785	3,423,598
Belleview Village Metropolitan District; Series 2020, GO Bonds		4.95	%		12/01/2050		870	737,965
BNC Metropolitan District No. 1; Series 2017 B, GO Bonds		7.38	%		12/15/2047		461	435,938
Board of Governors of Colorado State University System; Series 2015 A, RB		4.13	%		03/01/2055		6,300	5,967,948
Brighton Crossing Metropolitan District No. 4; Series 2017 B, GO Bonds		7.00	%		12/15/2047		670	620,419
Brighton Crossing Metropolitan District No. 6; Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,000	1,716,501
Bristol Metropolitan District; Series 2022 B, GO Bonds		7.50	%		12/15/2050		766	756,483
Broadway Station Metropolitan District No. 3; Series 2019, GO Bonds		5.00	%		12/01/2049		1,750	1,360,884
Buffalo Ridge Metropolitan District; Series 2018 B, GO Bonds		7.38	%		12/15/2047		1,239	1,208,910
Canyons Metropolitan District No. 3; Series 2021, GO Bonds		5.50	%		12/01/2051		15,270	13,077,654
Canyons Metropolitan District No. 5; Series 2017 A, Ref. GO Bonds		6.13	%		12/01/2047		4,500	4,446,470
Canyons Metropolitan District No. 6; Series 2017 A, Ref. GO Bonds		6.13	%		12/01/2047		2,000	1,959,298
Castleview Metropolitan District No. 1; Series 2021 A, GO Bonds		5.00	%		12/01/2050		4,720	3,802,245
Centerra Metropolitan District No. 1 (In the City of Loveland);
Series 2020 A, Ref. GO Bonds		5.00	%		12/01/2051		4,000	3,574,467
Series 2022, RB		6.50	%		12/01/2053		6,850	6,935,746
Cielo Metropolitan District; Series 2021, GO Bonds		5.25	%		12/01/2050		2,500	2,085,984
City Center West Commercial Metropolitan District;
Series 2020 A, Ref. GO Bonds		7.00	%		12/01/2049		3,978	3,900,312
Series 2020 B, GO Bonds		9.00	%		12/15/2049		581	568,089
Clear Creek Transit Metropolitan District No. 2;
Series 2021 A, GO Bonds		5.00	%		12/01/2041		500	438,537
Series 2021 A, GO Bonds		5.00	%		12/01/2050		700	569,341
Series 2021 B, GO Bonds		7.90	%		12/15/2050		1,165	1,053,872
Colliers Hill Metropolitan District No. 1; Series 2019 B, Ref. GO Bonds		8.00	%		12/15/2048		1,496	1,396,574

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)
Colliers Hill Metropolitan District No. 2; Series 2022 B-1, Ref. GO Bonds		5.75	%		12/15/2047	$	2,250	$     2,121,864
Colorado (State of) Educational & Cultural Facilities Authority (Ascent Classical Academy); Series 2024, Ref. RB(c)		5.75	%		04/01/2059		2,250	2,280,873
Colorado (State of) Health Facilities Authority (Aberdeen Ridge);
Series 2021 A, RB		5.00	%		05/15/2044		2,250	1,563,733
Series 2021 A, RB		5.00	%		05/15/2049		3,000	1,970,717
Series 2021 A, RB		5.00	%		05/15/2058		8,500	5,301,578
Colorado (State of) Health Facilities Authority (Intermountain Healthcare);
Series 2022 A, Ref. RB		4.00	%		05/15/2052		22,500	21,108,623
Series 2022 E, VRD RB(n)		2.15	%		05/15/2062		55,000	55,000,000
Colorado (State of) Health Facilities Authority (Volunteers of America Care); Series 2007 A, RB		5.30	%		07/01/2037		340	273,697
Colorado (State of) International Center Metropolitan District No. 3; Series 2018 B, GO Bonds		7.50	%		12/15/2038		769	736,148
Colorado (State of) International Center Metropolitan District No. 8; Series 2020, GO Bonds		6.50	%		12/01/2050		15,000	13,774,407
Colorado Crossing Metropolitan District No. 2;
Series 2020 A-2, GO Bonds		5.00	%		12/01/2050		7,705	7,146,751
Series 2020 B, GO Bonds(c)		7.50	%		12/15/2050		3,490	3,231,871
Country Club Highlands Metropolitan District; Series 2007, GO Bonds(i)		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	1,200,576
Series 2019 A, GO Bonds		5.00	%		12/01/2049		2,118	1,928,468
Series 2019, GO Bonds		7.75	%		12/15/2049		568	522,103
Dawson Trails Metropolitan District No. 1; Series 2024, GO Bonds(l)		0.00	%		12/01/2031		65,565	34,861,697
Denver (City & County of), CO;
Series 2018 A, Ref. RB(b)		5.00	%		12/01/2035		1,010	1,049,073
Series 2018 A, Ref. RB(b)		5.25	%		12/01/2048		7,410	7,573,764
Series 2021 A, RB		4.00	%		08/01/2051		10,000	9,403,280
Series 2022 A, RB(b)		5.50	%		11/15/2038		1,795	1,990,743
Series 2022 A, RB(b)(k)		5.00	%		11/15/2047		15,000	15,580,536
Series 2022 A, RB(b)		4.13	%		11/15/2053		7,000	6,462,075
Series 2022 A, RB(b)		5.50	%		11/15/2053		3,000	3,212,329
Series 2022 D, Ref. RB(b)(k)		5.75	%		11/15/2045		10,000	11,099,688
Series 2022 D, Ref. RB(b)		5.00	%		11/15/2053		3,880	3,991,908
Series 2022 D, Ref. RB(b)(k)		5.00	%		11/15/2053		41,500	42,696,976
Series 2022, RB(k)		4.00	%		08/01/2051		18,990	17,856,904
Denver (City & County of), CO (United Airlines, Inc.); Series 2017, Ref. RB(b)		5.00	%		10/01/2032		56,185	56,183,073
Denver Gateway Center Metropolitan District;
Series 2018 A, GO Bonds		5.50	%		12/01/2038		1,330	1,331,106
Series 2018 A, GO Bonds		5.63	%		12/01/2048		2,130	2,074,777
Denver International Business Center Metropolitan District No. 1; Series 2019 B, GO Bonds		6.00	%		12/01/2048		2,290	2,297,810
Dominion Water & Sanitation District; Series 2022, Ref. RB		5.88	%		12/01/2052		20,000	19,808,878
E-86 Metropolitan District; Series 2021 A, GO Bonds		5.13	%		12/01/2051		1,015	839,355
Eagle County School District No. Re50J; Series 2021, COP (INS - AGM)(h)		4.00	%		12/01/2051		7,105	6,522,369
Elbert & Highway 86 Commercial Metropolitan District;
Series 2021 A, Ref. GO Bonds(c)		5.00	%		12/01/2041		1,700	1,585,803
Series 2021 A, Ref. GO Bonds(c)		5.00	%		12/01/2051		2,000	1,745,133
Series 2021 B, GO Bonds(c)		8.00	%		12/15/2051		1,910	1,734,139
Elbert (County of), CO Highway 86 Metropolitan District; Series 2016, Ref. GO Bonds(c)		5.75	%		12/01/2046		2,700	2,605,884
Erie Commons Metropolitan District No. 2; Series 2019 B, Ref. GO Bonds		6.95	%		12/15/2054		3,100	2,864,446
Evan’s Place Metropolitan District; Series 2020 A, GO Bonds		5.00	%		12/01/2050		1,575	1,408,664
First Creek Village Metropolitan District; Series 2019 B, GO Bonds		6.75	%		08/01/2049		515	509,976
Fitzsimons Village Metropolitan District No. 1; Series 2020, Ref. GO Bonds		5.00	%		12/01/2049		1,033	909,008
Fitzsimons Village Metropolitan District No. 3; Series 2021 A-2, GO Bonds		7.00	%		12/01/2041		7,875	6,295,211
Flying Horse Metropolitan District No. 3; Series 2019, Ref. GO Bonds(c)		6.00	%		12/01/2049		2,965	2,824,302
Forest Trace Metropolitan District No. 3;
Series 2020 B, GO Bonds		7.88	%		12/15/2049		933	917,900
Series 2023 B, GO Bonds(c)		9.00	%		12/15/2047		1,046	1,052,060
Geos Neighborhood Metropolitan District; Series 2021, GO Bonds(j)		6.13	%		12/01/2050		3,075	2,774,170
Grand Junction (City of), CO Dos Rios General Improvement District; Series 2021, RB(c)		4.75	%		12/01/2051		3,000	2,319,830
Green Gables Metropolitan District No. 2; Series 2023 B, GO Notes(c)		8.25	%		12/15/2053		2,983	3,086,314

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)
Green Valley Ranch East Metropolitan District No. 6; Series 2020 A, GO Bonds		5.88	%		12/01/2050	$	3,325	$     3,259,870
Haskins Station Metropolitan District; Series 2019 A, GO Bonds		5.00	%		12/01/2049		925	803,056
Highlands-Mead Metropolitan District;
Series 2020 B, GO Bonds(c)		7.75	%		12/15/2050		515	474,663
Series 2020, GO Bonds		5.13	%		12/01/2050		1,395	1,241,828
HM Metropolitan District No. 2; Series 2021, GO Bonds(j)		5.75	%		12/01/2051		24,038	14,656,457
Home Place Metropolitan District; Series 2020 A, GO Bonds		5.75	%		12/01/2050		2,340	2,270,736
Hunters Overlook Metropolitan District No. 5; Series 2019 B, GO Bonds		8.50	%		12/15/2049		1,825	1,709,427
Hunting Hill Metropolitan District; Series 2018, Ref. GO Bonds		5.63	%		12/01/2048		5,004	4,888,835
Interquest South Business Improvement District; Series 2017, GO Bonds		5.00	%		12/01/2047		1,365	1,228,767
Jefferson (County of), CO Center Metropolitan District No. 1;
Series 2020 B, Ref. RB		5.75	%		12/15/2050		9,909	9,919,844
Series 2024 C, GO Bonds		8.50	%		12/16/2053		7,510	7,168,227
Johnstown North Metropolitan District No. 2;
Series 2022 A, GO Bonds		7.00	%		08/15/2052		3,015	3,062,045
Series 2022 B, GO Bonds		9.13	%		09/01/2052		2,000	2,039,901
Jones District Community Authority Board; Series 2020 A, RB(j)		5.75	%		12/01/2050		6,800	6,050,953
Karl’s Farm Metropolitan District No. 2; Series 2020 A, GO Bonds(c)		5.63	%		12/01/2050		1,695	1,574,396
Karl’s Farm Metropolitan District No. 3; Series 2021, GO Bonds		5.75	%		12/01/2051		6,295	5,453,728
Kinston Metropolitan District No. 5; Series 2020 B, GO Bonds		7.50	%		12/15/2052		3,850	3,669,708
Lanterns Metropolitan District No. 3;
Series 2023 A-1, GO Bonds		7.25	%		12/01/2053		3,500	3,653,284
Series 2023 A-2, GO Bonds(j)		8.00	%		12/01/2053		3,645	2,696,947
Series 2023 B, GO Bonds		9.25	%		12/15/2053		2,175	2,260,367
Ledge Rock Center Commercial Metropolitan District;
Series 2022 A, GO Bonds(c)		7.00	%		11/01/2052		7,000	6,996,273
Series 2022 A, GO Bonds(c)		7.38	%		11/01/2052		10,830	10,829,989
Series 2022 B, GO Bonds(c)		9.25	%		12/01/2052		9,189	9,228,973
Ledge Rock Center Residential Metropolitan District No. 1; Series 2024 B, GO Bonds		8.75	%		12/15/2054		600	600,049
Liberty Draw Metropolitan District No. 6; Series 2023, GO Bonds		7.25	%		12/01/2053		2,800	2,811,777
Lochbuie Station Residential Metropolitan District;
Series 2020 A, GO Bonds		5.75	%		12/01/2050		1,185	1,152,994
Series 2020 B, GO Bonds		8.00	%		12/15/2050		521	485,541
Meadowlark Metropolitan District;
Series 2020 A, GO Bonds		5.13	%		12/01/2050		750	751,956
Series 2020 B, GO Bonds		7.63	%		12/15/2050		607	576,458
Midtown Clear Creek Metropolitan District; Series 2023 B, Ref. GO Bonds		8.00	%		12/15/2053		790	804,181
Millers Landing Business Improvement District;
Series 2018 A, RB(c)		6.00	%		12/01/2048		7,845	7,365,486
Series 2018 B, RB(c)		8.00	%		12/01/2048		2,185	1,984,246
Mirabelle Metropolitan District No. 2; Series 2020 B, GO Bonds		7.38	%		12/15/2049		1,473	1,345,174
Morgan Hill Metropolitan District No. 3; Series 2021 B, GO Bonds		6.38	%		12/15/2051		1,460	1,344,538
Mountain Shadows Metropolitan District; Series 2016, Ref. GO Bonds		5.00	%		12/01/2046		1,000	914,808
Mountain Sky Metropolitan District; Series 2020 A, GO Bonds		5.00	%		12/01/2049		980	884,984
Mulberry Metropolitan District No. 2;
Series 2022 B, GO Bonds		9.00	%		12/15/2052		2,500	2,542,770
Series 2022, RB		7.00	%		12/01/2034		5,000	5,075,374
Murata Farms Residential Metropolitan District; Series 2022, GO Bonds		6.13	%		12/01/2051		4,205	3,802,734
Painted Prairie Public Improvement Authority; Series 2019, RB		5.00	%		12/01/2049		17,000	14,959,480
Parker Automotive Metropolitan District; Series 2023 B, Ref. GO Bonds		8.25	%		12/15/2037		2,230	2,225,691
Penrith Park Metropolitan District;
Series 2019 A, GO Bonds		5.00	%		12/01/2049		1,705	1,561,001
Series 2019 B, GO Bonds		8.75	%		12/15/2049		900	843,264
Pinon Pines Metropolitan District No. 2; Series 2020, GO Bonds		5.00	%		12/01/2050		1,195	1,065,834
Platte River Metropolitan District; Series 2023 A, Ref. GO Bonds(c)		6.50	%		08/01/2053		8,565	8,722,969
Prairie Center Metropolitan District No. 3;
Series 2024 A, Ref. GO Bonds		5.88	%		12/15/2046		2,125	2,233,850
Series 2024 B, GO Bonds		5.88	%		12/15/2046		1,000	1,051,223

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)
Prairie Farm Metropolitan District;
Series 2018 A, GO Bonds		5.25	%		12/01/2048	$	2,286	$     2,293,728
Series 2018 B, GO Bonds		7.38	%		12/15/2048		1,270	1,252,523
Pronghorn Valley Metropolitan District; Series 2021 A, GO Bonds		4.00	%		12/01/2051		650	488,941
Pueblo Urban Renewal Authority (Evraz); Series 2021, RB(c)		4.75	%		12/01/2045		5,375	3,599,531
PV-ERU Holding Trust; Series 2019, RB(i)(l)		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	2,087,629
Remuda Ranch Metropolitan District;
Series 2020 A, GO Bonds		5.00	%		12/01/2050		2,300	2,003,868
Series 2020 B, GO Bonds		7.63	%		12/15/2050		573	521,773
Rendezvous Metropolitan District No. 4; Series 2018 A, GO Bonds		5.63	%		12/01/2048		4,340	4,240,117
Revere at Johnstown Metropolitan District No. 3;
Series 2024 A, GO Bonds		7.00	%		12/01/2053		2,337	2,321,884
Series 2024 B, GO Bonds		9.00	%		12/15/2053		676	671,006
Ridgeline Vista Metropolitan District; Series 2021 A, GO Bonds		5.25	%		12/01/2060		1,000	808,743
Ritoro Metropolitan District; Series 2019 A, GO Bonds		5.00	%		12/01/2049		1,986	1,838,486
Riverwalk Metropolitan District No. 2;
Series 2022 A, RB		5.00	%		12/01/2052		4,000	3,469,224
Series 2022 B, RB		7.75	%		12/15/2052		5,000	4,614,975
Rudolph Farms Metropolitan District No. 6; Series 2022 A, GO Bonds		6.50	%		06/01/2052		23,575	23,052,632
Sabell Metropolitan District;
Series 2020 A, GO Bonds(c)		5.00	%		12/01/2050		1,060	937,609
Series 2020 B-3, GO Bonds(c)		8.25	%		12/15/2050		605	563,496
Santa Fe Park Authority;
Series 2023 A, RB		7.25	%		12/01/2053		7,150	6,960,191
Series 2023 B, RB		9.25	%		12/15/2053		891	870,452
Second Creek Farm Metropolitan District No. 3;
Series 2019 A, GO Bonds		5.00	%		12/01/2049		6,195	5,640,633
Series 2019 B, GO Bonds		7.63	%		12/15/2049		1,696	1,558,382
Series 2021 C, GO Bonds(c)		7.63	%		12/15/2052		8,288	7,428,420
Settler’s Crossing Metropolitan District No. 1; Series 2020 B, GO Bonds		7.63	%		12/15/2050		598	574,167
Sheridan Station West Metropolitan District; Series 2022 B3, GO Bonds		7.00	%		12/15/2051		1,614	1,571,511
Silverstone Metropolitan District No. 3; Series 2023, GO Bonds		7.75	%		12/01/2045		9,155	9,233,351
Sky Ranch Community Authority Board;
Series 2019 B, RB		7.63	%		12/15/2049		720	738,698
Series 2019, RB		5.00	%		12/01/2049		2,820	2,703,268
Series 2022 A, RB		5.75	%		12/01/2052		5,000	4,716,702
Series 2022 B, RB		8.75	%		12/15/2052		6,367	6,151,652
South Aurora Regional Improvement Authority; Series 2018, RB		6.25	%		12/01/2057		2,815	2,681,653
South Timnath Metropolitan District No. 1;
Series 2019 A, GO Bonds		5.50	%		12/01/2048		1,000	843,891
Series 2019 B, GO Bonds		8.00	%		12/15/2048		2,208	1,917,195
Southglenn Metropolitan District; Series 2016, Ref. GO Bonds		5.00	%		12/01/2036		810	772,301
Spring Hill Metropolitan District No. 3; Series 2022 B, GO Bonds(c)		9.50	%		12/15/2045		360	364,229
Spring Valley Metropolitan District No. 3;
Series 2020 A, GO Bonds		5.00	%		12/01/2049		1,360	1,245,139
Series 2020 B, GO Bonds		8.50	%		12/15/2049		656	612,637
Spring Valley Metropolitan District No. 4;
Series 2020 A, GO Bonds		5.13	%		12/01/2050		1,775	1,535,726
Series 2020 B, GO Bonds		7.63	%		12/15/2050		2,810	2,542,539
STC Metropolitan District No. 2; Series 2019 B, GO Bonds		8.00	%		12/15/2049		3,954	3,678,411
Sterling Ranch Community Authority Board;
Series 2020 B, RB		7.13	%		12/15/2050		708	694,483
Series 2022 A, Ref. RB		6.75	%		12/01/2053		27,225	28,336,017
Series 2023, RB		8.38	%		12/15/2054		7,500	7,506,355
Series 2024 A, Ref. RB		6.50	%		12/01/2054		935	953,023
Series 2024 B, Ref. RB		8.75	%		12/15/2054		920	920,076
Series 2024, RB		5.63	%		12/01/2043		1,650	1,671,550
Sweetgrass Metropolitan District No. 2; Series 2022 B, Ref. GO Bonds		7.50	%		12/15/2049		1,175	1,152,250

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Colorado–(continued)
Tailholt Metropolitan District No. 3; Series 2018 A, GO Bonds		6.00	%		12/01/2048	$	7,550	$     7,349,742
Talon Pointe Metropolitan District; Series 2019 A, Ref. GO Bonds		5.25	%		12/01/2051		2,150	1,626,877
Three Springs Metropolitan District No. 1; Series 2020 B, Ref. GO Bonds		7.13	%		12/15/2050		1,685	1,521,073
Timnath Ranch Metropolitan District No. 4;
Series 2018 A, GO Bonds		5.25	%		12/01/2037		1,500	1,474,375
Series 2018 A, GO Bonds		5.38	%		12/01/2047		1,900	1,805,983
Series 2018 B, GO Bonds		7.75	%		12/15/2047		953	900,341
Trails Metropolitan District; Series 2021, GO Bonds		5.00	%		12/01/2051		6,999	5,823,813
Transport Metropolitan District No. 3;
Series 2021 A-1, GO Bonds		5.00	%		12/01/2051		4,000	3,152,152
Series 2021 A-2, GO Bonds(j)		5.50	%		12/01/2051		3,000	2,258,196
Two Bridges Metropolitan District;
Series 2018 A, GO Bonds		5.63	%		08/01/2048		1,590	1,559,369
Series 2018 B, GO Bonds		7.88	%		08/01/2048		508	475,962
Uplands Metropolitan District No. 1; Series 2023 A, GO Bonds		7.50	%		09/01/2053		7,970	8,120,543
Village at Dry Creek Metropolitan District No. 2 (The); Series 2019, GO Bonds		4.38	%		12/01/2044		1,170	1,089,493
Village at Southgate Metropolitan District; Series 2018 A, GO Bonds(c)		5.63	%		12/01/2048		1,363	1,342,136
Waterfall Metropolitan District No. 1; Series 2022 B, Ref. GO Bonds		8.25	%		12/01/2052		985	962,661
Westcreek Metropolitan District No. 2; Series 2019 A, GO Bonds		5.38	%		12/01/2048		1,300	1,257,542
White Buffalo Metropolitan District No. 3;
Series 2020, GO Bonds		5.50	%		12/01/2050		2,785	2,589,587
Series 2023, GO Bonds		8.00	%		12/15/2035		3,380	3,274,727
Wild Plum Metropolitan District;
Series 2019 A, GO Bonds(d)(e)		5.00	%		12/01/2024		600	621,349
Series 2019 B, GO Bonds(c)(d)(e)		7.75	%		12/01/2024		504	527,244
Willow Bend Metropolitan District; Series 2019 B, GO Bonds		7.63	%		12/15/2049		755	693,004
Willow Springs Metropolitan District; Series 2019 B, GO Bonds		7.75	%		12/15/2049		650	595,608
Windler Public Improvement Authority; Series 2021 A-1, RB		4.13	%		12/01/2051		5,000	3,548,652
Woodmen Heights Metropolitan District No. 2; Series 2020 B-1, Ref. GO Bonds		6.25	%		12/15/2040		1,752	1,683,635
								913,013,955
Connecticut–0.10%
Connecticut (State of) Health & Educational Facilities Authority (Nuvance Health);
Series 2019 A, Ref. RB		4.00	%		07/01/2041		3,870	3,482,954
Series 2019 A, Ref. RB		4.00	%		07/01/2049		3,000	2,563,990
Georgetown (City of), CT Special Taxing District; Series 2006 A, GO Bonds(g)(i)		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
								9,089,295
District of Columbia–2.63%
District of Columbia; Series 2024, RB(c)(j)		6.60	%		06/01/2049		4,250	2,336,691
District of Columbia (Green Bonds); Series 2022 A, RB(b)		5.50	%		02/28/2037		1,850	2,080,593
District of Columbia Tobacco Settlement Financing Corp.;
Series 2001, RB		6.75	%		05/15/2040		27,605	28,494,450
Series 2006 C, RB(l)		0.00	%		06/15/2055		850,680	91,036,030
Series 2006 D, RB(l)		0.00	%		06/15/2055		555,000	52,031,250
Metropolitan Washington Airports Authority;
Series 2016 A, Ref. RB(b)		4.00	%		10/01/2035		11,530	11,391,239
Series 2018 A, Ref. RB(b)		5.00	%		10/01/2048		1,810	1,834,551
Series 2019 A, Ref. RB(b)		5.00	%		10/01/2044		3,500	3,598,254
Series 2021 A, Ref. RB(b)		4.00	%		10/01/2051		15,800	14,315,086
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement); Series 2019 B, Ref. RB		4.00	%		10/01/2053		10,000	9,032,704
Washington (State of) Metropolitan Area Transit Authority; Series 2023 A, RB(k)		5.25	%		07/15/2053		25,000	27,258,665
								243,409,513
Florida–9.70%
Amelia Concourse Community Development District;
Series 2007, RB		5.75	%		05/01/2038		750	721,498
Series 2016, RB		6.00	%		05/01/2047		1,750	1,773,474

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)
Amelia Concourse Community Development District (Capital Improvement); Series 2019 A, RB		5.65	%		05/01/2049	$	2,355	$     2,389,629
Arlington Ridge Community Development District; Series 2006 A, RB		5.50	%		05/01/2036		1,455	1,455,704
Avenir Community Development District (Assessment Area No. 3 - Master Infrastructure);
Series 2023, RB		5.38	%		05/01/2043		2,615	2,624,599
Series 2023, RB		5.63	%		05/01/2054		3,235	3,269,408
Babcock Ranch Community Independent Special District; Series 2022, RB		5.00	%		05/01/2053		1,500	1,428,412
Black Creek Community Development District (Expansion Area); Series 2022, RB		5.63	%		06/15/2052		1,500	1,525,148
Broward (County of), FL;
Series 2017, RB(b)		5.00	%		10/01/2047		8,205	8,275,649
Series 2019 A, RB		5.00	%		09/01/2049		8,605	8,735,456
Series 2019 A, RB(b)		4.00	%		10/01/2049		12,505	11,257,833
Series 2019 B, RB(b)		4.00	%		09/01/2049		15,500	14,043,967
Broward (County of), FL (Convention Center Expansion); Series 2021, RB		4.00	%		09/01/2047		20,000	18,887,514
Buckeye Park Community Development District; Series 2008 A, RB		7.88	%		05/01/2038		840	840,110
Capital Trust Agency, Inc. (Advantage Academy of Hillsborough);
Series 2019 A, RB		5.00	%		12/15/2049		1,545	1,416,771
Series 2019 A, RB		5.00	%		12/15/2054		1,085	981,380
Capital Trust Agency, Inc. (Atlantic Housing Foundation Property); Series 2017 B, RB		6.00	%		07/01/2042		2,760	2,190,318
Capital Trust Agency, Inc. (Elim Senior Housing, Inc.);
Series 2017, RB(c)		5.63	%		08/01/2037		1,025	835,447
Series 2017, RB(c)		5.88	%		08/01/2052		3,925	2,887,200
Capital Trust Agency, Inc. (Florida Charter Educational Foundation, Inc.);
Series 2018 A, RB(c)		5.38	%		06/15/2038		850	838,867
Series 2018 A, RB(c)		5.38	%		06/15/2048		1,590	1,495,101
Capital Trust Agency, Inc. (Franklin Academy); Series 2020, RB(c)		5.00	%		12/15/2055		6,800	5,716,570
Capital Trust Agency, Inc. (Paragon Academy of Technology and Sunshine Elementary Charter School);
Series 2019 A, RB (Acquired 04/25/2019; Cost $3,735,000)(c)(f)		5.75	%		06/01/2054		3,735	3,214,746
Series 2019 B, RB (Acquired 04/25/2019; Cost $290,000)(c)(f)		6.00	%		06/01/2028		290	276,791
Capital Trust Agency, Inc. (Viera Charter Schools, Inc.);
Series 2017 A, RB(c)		5.00	%		10/15/2047		1,100	1,040,512
Series 2017 A, RB(c)		5.00	%		10/15/2052		755	702,063
Capital Trust Authority (Imagine School At West Pasco Project);
Series 2023, RB(c)		6.50	%		12/15/2053		1,315	1,319,112
Series 2023, RB(c)		6.50	%		12/15/2058		2,100	2,101,036
Carlton Lakes Community Development District;
Series 2015, RB		5.63	%		11/01/2036		760	775,121
Series 2015, RB		5.75	%		11/01/2047		1,855	1,876,430
Center Lake Ranch West Community Development District; Series 2023, RB		6.00	%		05/01/2054		2,500	2,567,465
Chapel Creek Community Development District; Series 2006 A, RB(g)(i)		5.50	%		05/01/2038		4,185	2,803,950
Clearwater Cay Community Development District; Series 2006 A, RB (Acquired 02/16/2010; Cost $8,262,441)(f)(g)(i)		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(c)		5.00	%		12/01/2037		1,150	1,134,465
Series 2017 A, RB(c)		5.00	%		12/01/2047		1,875	1,742,848
Creekside Community Development District; Series 2006, RB(g)(i)		5.20	%		05/01/2038		1,690	794,300
CrossCreek Community Development District; Series 2016 A, RB		5.60	%		05/01/2037		70	70,313
Crosswinds East Community Development District (Assessment Area One);
Series 2024, RB		5.50	%		05/01/2044		1,000	1,004,575
Series 2024, RB		5.75	%		05/01/2054		1,230	1,230,845
Escambia (County of), FL Health Facilities Authority (Baptist Health Care Corp. Obligated Group); Series 2020, Ref. RB		4.00	%		08/15/2050		7,000	5,983,445
Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion);
Series 2022, Ref. RB(b)(c)(e)		8.25	%		08/15/2024		20,000	20,576,306
Series 2024, Ref. RB(b)(c)(e)		12.00	%		07/15/2028		36,125	37,570,000
Series 2024, Ref. RB (INS - AGM)(b)(h)		5.00	%		07/01/2044		15,000	15,449,602
Series 2024, Ref. RB (INS - AGM)(b)(h)		5.25	%		07/01/2047		18,250	18,973,165
Series 2024, Ref. RB(b)		5.25	%		07/01/2047		21,000	21,632,535
Series 2024, Ref. RB (INS - AGM)(b)(h)		5.25	%		07/01/2053		38,285	39,518,769
Series 2024, Ref. RB(b)		5.50	%		07/01/2053		10,000	10,406,627

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)
Florida Development Finance Corp. (Central Charter School); Series 2022, Ref. RB(c)		6.00	%		08/15/2057	$	3,250	$     3,167,532
Florida Development Finance Corp. (Florida Charter Foundation, Inc.); Series 2016 A, RB(c)		5.00	%		07/15/2046		6,045	5,653,276
Florida Development Finance Corp. (Learning Gate Community School);
Series 2018 A, Ref. RB		5.00	%		02/15/2038		300	293,775
Series 2018 A, Ref. RB		5.00	%		02/15/2048		985	911,692
Glades Correctional Development Corp.;
Series 2017 A, RB (Acquired 03/07/2006-12/12/2011; Cost $4,209,209)(f)		7.00	%		03/01/2030		4,209	2,104,604
Series 2017 B, RB (Acquired 03/07/2006-12/12/2011; Cost $59,638)(f)		7.00	%		03/01/2030		2,393	119,647
Greater Orlando Aviation Authority;
Series 2017 A, RB(b)		5.00	%		10/01/2047		10,000	10,086,105
Series 2017 A, RB(b)		4.00	%		10/01/2052		25,100	22,779,608
Series 2019 A, RB(b)		4.00	%		10/01/2044		13,180	12,304,491
Series 2019 A, RB(b)		5.00	%		10/01/2044		3,370	3,464,604
Series 2019 A, RB(b)		4.00	%		10/01/2049		16,490	15,028,071
Hamilton Bluff Community Development District;
Series 2024, RB		5.50	%		05/01/2044		1,000	993,962
Series 2024, RB		5.80	%		05/01/2054		1,000	990,128
Highland Meadows Community Development District; Series 2006 A, RB		5.50	%		05/01/2036		255	255,139
Hillsborough (County of), FL Aviation Authority; Series 2022, RB(b)(k)		5.00	%		10/01/2047		10,000	10,330,481
Hillsborough (County of), FL Aviation Authority (Tampa International Airport);
Series 2018 E, RB(b)		5.00	%		10/01/2043		3,120	3,191,507
Series 2022 A, RB(b)		4.00	%		10/01/2052		14,800	13,388,283
Hobe-St. Lucie Conservancy District; Series 2024, RB		5.60	%		05/01/2044		1,900	1,934,169
Indigo Community Development District; Series 2005, RB(i)		5.75	%		05/01/2036		2,775	2,442,369
JEA Water & Sewer System; Series 2024 A, Ref. RB		5.50	%		10/01/2054		10,000	11,099,563
Lake (County of), FL (Imagine South Lake Charter School Program);
Series 2019, RB(c)		5.00	%		01/15/2049		820	751,582
Series 2019, RB(c)		5.00	%		01/15/2054		635	568,413
Lake (County of), FL (Lakeside at Waterman Village); Series 2020 A, Ref. RB		5.75	%		08/15/2055		2,000	1,778,563
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)(c)(f)		7.13	%		01/01/2052		21,000	15,750,000
Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts);
Series 2018 A, RB(c)		5.50	%		07/15/2048		1,685	1,545,146
Series 2018 A, RB(c)		5.75	%		07/15/2053		1,830	1,764,810
Lakeland (City of), FL (Lakeland Regional Health); Series 2015, RB		5.00	%		11/15/2045		9,000	9,020,704
Lakeside Preserve Community Development District (Series 2023);
Series 2023, RB		6.00	%		05/01/2043		1,000	1,036,207
Series 2023, RB		6.38	%		05/01/2054		1,330	1,387,544
Lee (County of), FL;
Series 2021 B, RB(b)		5.00	%		10/01/2046		21,500	22,197,073
Series 2021 B, RB(b)		4.00	%		10/01/2051		10,000	8,903,368
Lee (County of), FL Industrial Development Authority (Preserve (The));
Series 2017 A, RB(c)		5.63	%		12/01/2037		1,640	1,338,425
Series 2017 A, RB(c)		5.75	%		12/01/2052		18,210	13,304,619
Legends Bay Community Development District; Series 2007 A, RB		5.88	%		05/01/2038		2,150	2,151,647
Magnolia Creek Community Development District; Series 2007 A, RB(g)		5.90	%		05/01/2039		590	545,630
Magnolia West Community Development District; Series 2017, RB		5.35	%		05/01/2037		160	161,029
Miami (City of) & Dade (County of), FL School Board; Series 2015 A, Ref. COP		5.00	%		05/01/2032		10	10,088
Miami-Dade (County of), FL;
Series 2014 A, Ref. RB(b)		5.00	%		10/01/2036		34,955	34,982,796
Series 2017 B, Ref. RB(b)		5.00	%		10/01/2040		14,115	14,349,617
Series 2022 A, Ref. RB(b)		5.25	%		10/01/2052		30,840	32,345,479
Series 2023 A, Ref. RB(b)		5.00	%		10/01/2047		12,210	12,709,941
Series 2023, RB(k)		5.00	%		07/01/2052		25,475	26,615,652
Subseries 2021 B-1, Ref. RB(b)		4.00	%		10/01/2046		16,935	15,258,303
Subseries 2021 B-1, Ref. RB(b)		4.00	%		10/01/2050		54,465	48,996,916
Miami-Dade (County of), FL Expressway Authority; Series 2010 A, RB		5.00	%		07/01/2040		8,420	8,420,047

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)
Miami-Dade (County of), FL Transit System;
Series 2018, RB		4.00	%		07/01/2045	$	11,000	$    10,541,149
Series 2022, RB		5.00	%		07/01/2048		8,835	9,259,085
Series 2022, RB(k)		5.00	%		07/01/2050		14,210	14,881,691
Series 2022, RB(k)		5.00	%		07/01/2051		30,980	32,429,333
Series 2022, RB		5.00	%		07/01/2052		10,000	10,447,748
Nassau (County of), FL (Nassau Care Centers, Inc.); Series 2008, RB (Acquired 12/27/2007; Cost $8,295,000)(f)		6.90	%		01/01/2038		8,295	7,023,797
Naturewalk Community Development District; Series 2007 A, RB(g)(i)		5.50	%		05/01/2038		4,345	1,651,100
North AR-1 Pasco Community Development District (Assessment Area Three);
Series 2023, RB		5.75	%		05/01/2043		1,000	1,018,864
Series 2023, RB		6.00	%		05/01/2054		1,500	1,525,910
Palm Beach (County of), FL Health Facilities Authority (Baptist Health South Florida); Series 2019, RB		4.00	%		08/15/2049		5,000	4,486,986
Palm Beach (County of), FL Health Facilities Authority (Lifespace Communities, Inc.);
Series 2023, Ref. RB		7.50	%		05/15/2053		1,000	1,093,079
Series 2023, Ref. RB		7.63	%		05/15/2058		2,500	2,734,933
Palm Coast Park Community Development District; Series 2006, RB		5.70	%		05/01/2037		7,830	7,928,703
Pinellas (County of), FL Industrial Development Authority (2017 Foundation for Global Understanding); Series 2019, RB		5.00	%		07/01/2039		1,750	1,754,595
Polk (County of), FL Industrial Development Authority (Carpenter’s Home Estates); Series 2019, Ref. IDR		5.00	%		01/01/2055		800	718,274
Polk (County of), FL Industrial Development Authority (Mineral Development LLC); Series 2020, RB (Acquired 10/23/2020-02/06/2023; Cost $22,423,099)(b)(c)(f)		5.88	%		01/01/2033		22,370	21,426,827
Portofino Isles Community Development District (Portofino Court); Series 2005, RB(g)(i)		5.60	%		05/01/2036		5,905	2,952,500
Reunion East Community Development District;
Series 2002 A-2, RB(g)(i)		7.38	%		05/01/2033		1,425	14
Series 2005, RB(g)(i)		5.80	%		05/01/2036		3,420	34
Ridgewood Trails Community Development District; Series 2007 A, RB		5.65	%		05/01/2038		110	110,063
Sawgrass Village Community Development District;
Series 2023, RB		6.13	%		11/01/2043		1,200	1,250,529
Series 2023, RB		6.38	%		11/01/2053		1,400	1,458,267
Sawgrass Village Community Development District (Series 2023);
Series 2023, RB		5.50	%		05/01/2043		1,500	1,513,579
Series 2023, RB		5.75	%		05/01/2053		2,320	2,339,159
Seminole (County of), FL Industrial Development Authority (Progressive Healthcare Providers/Fern Park, LLC Facility); Series 2005 A, RB		7.50	%		03/01/2035		2,940	2,688,669
Six Mile Creek Community Development District (2023 Project Area);
Series 2023, Ref. RB		5.50	%		05/01/2043		1,200	1,224,497
Series 2023, Ref. RB		5.70	%		05/01/2054		1,255	1,277,732
South Bay Community Development District;
Series 2005 A, RB(g)(i)		5.95	%		05/01/2036		5,110	51
Series 2005 A-1, Ref. RB		5.95	%		05/01/2036		5,285	5,297,389
Series 2005 A-2, Ref. RB(g)(i)		6.60	%		05/01/2036		3,800	1,900,000
Series 2005 B-2, Ref. RB(g)(i)		6.60	%		05/01/2025		3,240	1,620,005
Tern Bay Community Development District; Series 2005 A, RB		5.38	%		05/01/2037		485	485,276
Town Center at Palm Coast Community Development District; Series 2005, RB		6.00	%		05/01/2036		9,035	9,039,752
V-Dana Community Development District (Assessment Area Two - 2023 Project Area);
Series 2023, RB		5.25	%		05/01/2043		2,230	2,261,582
Series 2023, RB		5.50	%		05/01/2054		2,500	2,529,707
Villages of Avignon Community Development District (The); Series 2007 A, RB(g)(i)		5.40	%		05/01/2037		755	37,750
Villages of Glen Creek Community Development District;
Series 2016 A-1, RB		4.75	%		05/01/2026		155	155,638
Series 2016 A-1, RB		5.25	%		05/01/2036		1,080	1,088,726
Series 2016 A-1, RB		5.38	%		05/01/2046		1,815	1,820,585
Series 2016 A-2, RB		5.38	%		05/01/2046		1,400	1,404,308
Waterford Estates Community Development District; Series 2006 A, RB		5.50	%		05/01/2037		2,155	2,160,881
Waterstone Community Development District;
Series 2007 A, RB(i)(j)		6.88	%		05/01/2037		1,214	817,427
Series 2007 B, RB(i)(l)		0.00	%		11/01/2028		5,752	4,080,153

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)
West Villages Improvement District (Develepmont Unit No. 10); Series 2024, RB		5.63	%		05/01/2054	$	1,000	$       980,792
West Villages Improvement District (Develepmont Unit No. 2);
Series 2005 A-1, RB		5.75	%		05/01/2036		6,865	6,871,070
Series 2005 A-2, RB(g)(i)		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	450,154
West Villages Improvement District (Development Unit No. 8);
Series 2022, RB		5.38	%		05/01/2042		1,500	1,533,690
Series 2022, RB		5.50	%		05/01/2053		2,500	2,530,126
West Villages Improvement District (Development Unit No. 9);
Series 2023, RB		5.38	%		05/01/2043		1,500	1,530,249
Series 2023, RB		5.63	%		05/01/2053		1,500	1,531,238
Westridge Community Development District; Series 2005, RB		5.80	%		05/01/2037		1,300	1,300,631
Westside Community Development District;
Series 2019-2, RB(i)		5.65	%		05/01/2037		1,010	822,057
Series 2019-2, RB(i)		7.20	%		05/01/2038		520	485,102
Westview South Community Development District (Assessment Area One - 2023 Project Area);
Series 2023, RB		5.38	%		05/01/2043		1,820	1,832,114
Series 2023, RB		5.60	%		05/01/2053		2,725	2,744,868
Wildwood (City of), FL Utility Dependent District (South Sumter Utility); Series 2021, RB (INS - BAM)(h)		5.00	%		10/01/2052		2,250	2,328,149
Zephyr Ridge Community Development District; Series 2006 A, RB (Acquired 06/29/2009; Cost $2,513,763)(f)(g)(i)		5.63	%		05/01/2037		2,635	1,317,238
								899,347,519
Georgia–2.08%
Atlanta (City of), GA; Series 2019, RB(b)		4.00	%		07/01/2039		7,490	7,304,174
Atlanta (City of), GA (Green Bonds);
Series 2023, RB(b)		5.00	%		07/01/2040		3,000	3,199,328
Series 2023, RB(b)		5.25	%		07/01/2042		13,025	14,062,428
Series 2023, RB(b)		5.25	%		07/01/2043		6,825	7,339,217
Series 2023, RB(b)		5.25	%		07/01/2044		3,500	3,752,539
Atlanta (City of), GA Department of Aviation;
Series 2022 A, RB		4.00	%		07/01/2052		10,000	9,472,886
Series 2022, RB(b)(k)		5.00	%		07/01/2044		23,280	23,906,674
Cobb (County of), GA Development Authority (Northwest Classical Academy);
Series 2023, RB(c)		6.00	%		06/15/2043		480	485,474
Series 2023, RB(c)		6.40	%		06/15/2053		1,850	1,870,807
Series 2023, RB(c)		6.38	%		06/15/2058		1,250	1,255,222
Conyers (City of), GA (Salem Gate); Series 2021, RB		5.00	%		03/01/2045		5,485	4,581,459
Development Authority of Lagrange (College); Series 2021, Ref. RB		5.00	%		10/15/2052		21,350	18,533,401
Floyd (County of), GA Development Authority (The Spires at Berry College);
Series 2018 A, RB		5.75	%		12/01/2033		3,100	3,084,327
Series 2018 A, RB		6.00	%		12/01/2038		6,850	6,791,165
Series 2018 A, RB		6.25	%		12/01/2048		19,530	19,146,347
Series 2018 A, RB		6.50	%		12/01/2053		13,210	13,210,485
Gainesville (City of) & Hall (County of), GA Development Authority (Riverside Military Academy);
Series 2017, Ref. RB		5.00	%		03/01/2027		1,430	1,335,262
Series 2017, Ref. RB		5.00	%		03/01/2037		6,885	5,458,303
Series 2017, Ref. RB		5.00	%		03/01/2047		8,860	6,059,663
Series 2017, Ref. RB		5.13	%		03/01/2052		3,475	2,339,245
George L Smith II Congress Center Authority (Convention Center Hotel); Series 2021, RB(c)		5.00	%		01/01/2054		4,750	4,233,346
Georgia (State of) Municipal Electric Authority (Plant Vogtle Units 3 & 4); Series 2019, RB (INS - BAM)(h)		4.00	%		01/01/2049		4,000	3,649,064
Georgia (State of) Road & Tollway Authority;
Series 2014 A, RB(c)(d)(l)		0.00	%		06/01/2024		805	805,000
Series 2014 A, RB(c)(d)(e)(l)		0.00	%		06/01/2024		3,750	2,027,263
Series 2014 B, RB(c)(d)(e)		7.00	%		06/01/2024		13,600	14,280,000
Marietta (City of), GA Developing Authority (Life University, Inc.);
Series 2017 A, Ref. RB(c)		5.00	%		11/01/2037		1,750	1,708,174
Series 2017 A, Ref. RB(c)		5.00	%		11/01/2047		2,000	1,841,978

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	$     2,545,512
Series 2018 A-1, RB		6.25	%		12/01/2048		3,675	3,350,238
Series 2018 A-1, RB		6.38	%		12/01/2053		3,090	2,821,818
Series 2018 A-2, RB(e)		5.50	%		12/01/2028		2,065	1,926,215
								192,377,014
Hawaii–0.52%
Hawaii (State of);
Series 2020 A, Ref. RB(b)		4.00	%		07/01/2036		600	596,213
Series 2020 C, Ref. RB		4.00	%		07/01/2037		600	606,400
Series 2020 C, Ref. RB		4.00	%		07/01/2038		750	753,398
Series 2020 C, Ref. RB		4.00	%		07/01/2040		425	422,552
Series 2022 A, RB(b)		5.00	%		07/01/2047		1,500	1,552,816
Series 2022-XX1217, RB (INS - BAM)(b)(h)(k)		5.00	%		07/01/2051		32,450	33,431,465
Hawaii (State of) Department of Budget & Finance (Hawaiian Electric Co., Inc.);
Series 2015, Ref. RB(b)		3.25	%		01/01/2025		5,000	4,463,782
Series 2017, Ref. RB(b)		3.10	%		05/01/2026		5,980	4,804,446
Series 2017, Ref. RB(b)		4.00	%		03/01/2037		2,000	1,302,354
								47,933,426
Idaho–0.15%
Boise City (City of), ID (Public Parking Facilities); Series 2021 A, Ref. RB		5.00	%		09/01/2046		4,000	4,242,684
Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.); Series 2017 A, Ref. RB		5.25	%		11/15/2047		960	727,473
Idaho (State of) Housing & Finance Association; Series 2023 A, RB		4.00	%		08/15/2048		8,000	7,589,693
Idaho (State of) Housing & Finance Association (Compass Public Charter School, Inc.);
Series 2018 A, RB(c)		6.00	%		07/01/2039		370	383,756
Series 2018 A, RB(c)		6.00	%		07/01/2054		1,135	1,159,153
								14,102,759
Illinois–1.81%
Chicago (City of), IL (Cottage View Terrace Apartments); Series 2000 A, RB (CEP - GNMA)(b)		6.13	%		02/20/2042		30	30,011
Chicago (City of), IL (O’Hare International Airport);
Series 2018 A, Ref. RB(b)		5.00	%		01/01/2048		11,840	12,028,809
Series 2018 A, Ref. RB(b)		5.00	%		01/01/2053		6,245	6,317,513
Series 2018, RB(b)		5.00	%		07/01/2048		3,750	3,734,913
Series 2022 A, RB(b)		5.50	%		01/01/2055		20,000	21,178,404
Chicago (City of), IL Board of Education;
Series 2016 A, Ref. GO Bonds		7.00	%		12/01/2044		7,000	7,228,702
Series 2016 B, GO Bonds		6.50	%		12/01/2046		1,500	1,555,042
Series 2016, RB		6.00	%		04/01/2046		5,700	5,967,380
Series 2018, RB		5.00	%		04/01/2046		7,555	7,604,795
Du Page (County of), IL Special Service Area No. 31 (Monarch Landing, Inc.); Series 2006, RB		5.63	%		03/01/2036		781	768,313
Eastern Illinois Economic Development Authority (Remington Road & I-57 Business District); Series 2023, RB		6.00	%		05/01/2046		5,000	4,969,546
Evanston (City of), IL (Roycemore School); Series 2021, RB(c)		4.63	%		04/01/2051		1,250	950,279
Gilberts (Village of), IL Special Service Area No. 24 (The Conservancy); Subseries 2014 A, RB		5.38	%		03/01/2034		1,890	1,747,160
Harvey (City of), IL; Series 2023 A, GO Bonds		4.50	%		01/01/2054		10,840	8,223,806
Illinois (State of);
Series 2006, GO Bonds		5.50	%		01/01/2029		5,000	5,366,169
Series 2014, GO Bonds		5.00	%		02/01/2039		5,140	5,143,238
Series 2017 C, GO Bonds		5.00	%		11/01/2029		625	647,969
Series 2018 A, Ref. GO Bonds		5.00	%		10/01/2029		6,500	6,828,912
Series 2018 A, Ref. GO Bonds		5.00	%		10/01/2033		3,360	3,531,128
Series 2018 B, Ref. GO Bonds		5.00	%		10/01/2030		3,000	3,154,643
Series 2024 B, GO Bonds		5.25	%		05/01/2048		4,000	4,270,450
Illinois (State of) (Rebuild Illinois Program); Series 2019 B, GO Bonds		4.00	%		11/01/2035		1,930	1,917,538
Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.); Series 2002, RB(b)		8.00	%		06/01/2032		2,940	2,942,866

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) Finance Authority;
Series 2017, Ref. RB (Acquired 06/05/2018; Cost $2,014,221)(f)		5.00	%		02/15/2027	$	2,000	$       460,000
Series 2017, Ref. RB (Acquired 04/03/2019; Cost $6,022,965)(f)		5.00	%		02/15/2037		7,000	1,610,000
Series 2017, Ref. RB		5.13	%		05/15/2038		1,730	1,516,796
Series 2017, Ref. RB		5.25	%		05/15/2042		3,220	2,689,347
Series 2017, Ref. RB		5.00	%		08/01/2042		575	579,039
Series 2017, Ref. RB (Acquired 05/07/2019; Cost $2,764,639)(f)		5.13	%		02/15/2045		3,120	717,600
Series 2017, Ref. RB		5.25	%		05/15/2054		6,825	5,185,065
Illinois (State of) Finance Authority (DePaul College Prep Foundation); Series 2023, Ref. RB(c)		5.63	%		08/01/2053		3,500	3,658,947
Illinois (State of) Finance Authority (Dominican University);
Series 2022, Ref. RB		5.00	%		03/01/2047		1,100	1,004,368
Series 2022, Ref. RB		5.00	%		03/01/2052		1,080	960,628
Illinois (State of) Finance Authority (Lutheran Communities Obligated Group); Series 2019 A, Ref. RB (Acquired 11/27/2019-04/03/2020; Cost $2,324,321)(f)		5.00	%		11/01/2049		2,450	1,811,715
Illinois (State of) Finance Authority (Northshore University Health); Series 2020, Ref. RB		4.00	%		08/15/2041		1,750	1,687,237
Illinois (State of) Finance Authority (Rogers Park Montessori School);
Series 2014, Ref. RB		6.00	%		02/01/2034		575	575,189
Series 2014, Ref. RB		6.13	%		02/01/2045		1,310	1,310,289
Illinois (State of) Finance Authority (Rosalind Franklin University); Series 2017, Ref. RB		5.00	%		08/01/2047		700	700,860
Illinois (State of) Finance Authority (Villa St. Benedict);
Series 2015, Ref. RB		6.13	%		11/15/2035		3,155	3,177,208
Series 2015, Ref. RB		6.38	%		11/15/2043		4,400	4,426,642
Illinois (State of) Housing Development Authority (Stonebridge of Gurnee);
Series 2016 A, RB(c)		5.45	%		01/01/2046		1,640	1,204,021
Series 2016 A, RB(c)		5.60	%		01/01/2056		1,775	1,252,076
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion);
Series 2012 B, RB (INS - AGM)(h)(l)		0.00	%		12/15/2041		5,000	2,268,425
Series 2017, Ref. RB (INS - AGM)(h)(l)		0.00	%		12/15/2056		22,000	4,219,648
Matteson (Village of), IL; Series 2015, RB		6.50	%		12/01/2035		1,200	1,236,199
Morton Grove (Village of), IL (Sawmill Station Redevelopment); Series 2019, RB		5.00	%		01/01/2039		2,000	1,849,037
Plano (City of), IL Special Service Area No. 5 (Lakewood Springs Club); Series 2006, RB		6.00	%		03/01/2036		1,084	1,024,909
Robbins (Village of), IL; Series 1999 C, RB(b)		7.25	%		10/15/2024		0	84
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(l)		0.00	%		12/31/2038		1,915	1,505,977
Volo (Village of), IL Special Service Area No. 17; Series 2017, Ref. RB		5.50	%		03/01/2047		1,188	1,161,477
Will (County of), IL; Series 2019, GO Bonds		4.00	%		11/15/2047		2,000	1,858,718
								167,855,337
Indiana–1.54%
Allen (County of), IN (Evergreen Village Fort Wayne); Series 2019, RB		6.38	%		02/01/2039		10,000	10,029,568
Anderson (City of), IN (Sweet Galilee at the Wigwam); Series 2020, RB(c)		5.38	%		01/01/2040		2,745	2,229,282
Columbus (City of), IN (Vivera Senior Living); Series 2019, RB		5.63	%		05/01/2039		11,790	9,890,025
Evansville (City of), IN (Silver Birch of Evansville); Series 2017, RB		5.45	%		01/01/2038		3,430	2,844,911
Fort Wayne (City of), IN (Silver Birch at Cook Road); Series 2018, RB(c)		5.63	%		01/01/2038		7,000	5,946,488
Fort Wayne (City of), IN (Silver Birch of Fort Wayne);
Series 2017, RB		5.13	%		01/01/2032		480	423,600
Series 2017, RB		5.35	%		01/01/2038		3,850	3,180,850
Goshen (City of), IN (Green Oaks of Goshen); Series 2021 A, RB(c)		5.00	%		08/01/2041		4,065	3,319,463
Indiana (State of) Finance Authority; Series 2017, Ref. RB		5.38	%		07/01/2047		2,050	2,014,422
Indiana (State of) Finance Authority (Irvington Community School);
Series 2018 A, Ref. RB(c)		5.90	%		07/01/2038		770	770,671
Series 2018 A, Ref. RB(c)		6.00	%		07/01/2048		1,185	1,180,445
Indiana (State of) Housing & Community Development Authority;
Series 2016 A, RB		5.75	%		01/01/2036		6,725	6,482,593
Series 2016, RB		5.50	%		01/01/2037		3,740	3,230,592
Indiana (State of) Housing & Community Development Authority (Glasswater Creek of Whitestown); Series 2020, RB(c)		5.38	%		10/01/2040		12,000	10,036,818
Indiana (State of) Housing & Community Development Authority (Lake Meadows Assisted Living); Series 2019 A, RB(c)		5.00	%		01/01/2039		3,365	2,631,612

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–(continued)
Indiana (State of) Housing & Community Development Authority (Vita of Greenfield); Series 2023 A, RB		6.88	%		01/01/2043	$	21,575	$    21,774,761
Indiana (State of) Housing & Community Development Authority (Vita of Marion);
Series 2021 A, RB(c)		5.00	%		04/01/2031		660	601,285
Series 2021 A, RB(c)		5.25	%		04/01/2041		4,000	3,225,679
Jeffersonville (City of), IN (Vivera Senior Living); Series 2020 A, RB(c)		5.25	%		11/01/2040		4,500	3,621,917
Kokomo (City of), IN (Silver Birch at KOKOMO);
Series 2017, RB		5.75	%		01/01/2034		1,000	901,470
Series 2017, RB		5.88	%		01/01/2037		4,570	4,049,948
Lafayette (City of), IN (Glasswater Creek of Lafayette);
Series 2017, RB		5.60	%		01/01/2033		855	770,545
Series 2017, RB		5.80	%		01/01/2037		5,160	4,541,262
Merrillville (Town of), IN (Belvedere Housing); Series 2016, RB		5.75	%		04/01/2036		4,965	4,419,428
Mishawaka (City of), IN; Series 2018, RB		5.75	%		10/01/2038		17,290	14,551,261
Mishawaka (City of), IN (Silver Birch of Mishwaka);
Series 2017, RB(c)		5.10	%		01/01/2032		380	340,757
Series 2017, RB(c)		5.38	%		01/01/2038		5,475	4,622,243
Plainfield (Town of), IN (Glasswater Creek of Plainfield); Series 2018, RB		5.38	%		09/01/2038		7,900	7,681,096
Terre Haute (City of), IN (Silver Birch of Terre Haute); Series 2017, RB		5.35	%		01/01/2038		3,880	3,205,636
Valparaiso (City of), IN (Green Oaks of Valparaiso); Series 2021, RB(c)		5.38	%		12/01/2041		3,600	2,831,852
Vincennes (City of), IN; Series 2016, Ref. RB(c)(g)		6.25	%		01/01/2029		2,530	1,805,232
								143,155,712
Iowa–0.39%
Clear Lake (City of), IA (Timbercrest Apartments, LLC);
Series 2018, RB		6.00	%		10/01/2043		1,405	1,368,832
Series 2018, RB		6.00	%		10/01/2048		2,780	2,633,662
Iowa (State of) Finance Authority; Series 2007, RB(g)		5.90	%		12/01/2028		1,160	15,532
Iowa (State of) Finance Authority (Lifespace Communities, Inc.);
Series 2018 A, RB		5.00	%		05/15/2048		13,570	11,982,168
Series 2023, Ref. RB		7.50	%		05/15/2053		8,000	8,744,628
Iowa (State of) Finance Authority (PHS Council Bluffs, Inc.);
Series 2018, RB		5.00	%		08/01/2038		750	646,816
Series 2018, RB		5.13	%		08/01/2048		3,500	2,753,576
Series 2018, RB		5.25	%		08/01/2055		4,000	3,051,723
Iowa (State of) Finance Authority (Riserville Holdings); Series 2021, RB(b)(c)		5.00	%		12/01/2051		5,880	4,589,128
Iowa (State of) Finance Authority (Wedum Walnut Ridge LLC); Series 2007 B, RB		5.38	%		06/01/2025		120	118,632
Iowa (State of) Tobacco Settlement Authority;
Series 2021 A-2, Ref. RB		4.00	%		06/01/2049		250	220,434
Series 2021 B-1, Ref. RB		4.00	%		06/01/2049		100	97,329
								36,222,460
Kansas–0.19%
Ellis County Unified School District No. 489 Hays;
Series 2022 B, Ref. GO Bonds (INS - AGM)(h)		5.00	%		09/01/2042		2,250	2,393,461
Series 2022 B, Ref. GO Bonds (INS - AGM)(h)		5.00	%		09/01/2047		2,750	2,881,885
Series 2022 B, Ref. GO Bonds (INS - AGM)(h)		4.00	%		09/01/2052		4,000	3,785,591
Goddard (City of), KS (Olympic Park Star Bond); Series 2021, RB		3.50	%		06/01/2034		1,420	1,239,833
Olathe (City of), KS; Series 2006, RB(i)(o)		5.00	%		03/01/2026		2,391	956,531
Wichita (City of), KS (Presbyterian Manors, Inc.); Series 2013 IV-A, RB		6.38	%		05/15/2043		7,000	6,454,925
								17,712,226
Kentucky–0.09%
Kentucky (Commonwealth of) Property & Building Commission (No. 119);
Series 2018, RB (INS - BAM)(h)		5.00	%		05/01/2033		900	945,378
Series 2018, RB (INS - BAM)(h)		5.00	%		05/01/2034		800	841,746
Kuttawa (City of), KY; Series 1999, RB (Acquired 05/28/2004; Cost $895,038)(f)		6.75	%		03/01/2029		965	909,661
Ludlow (City of), KY; Series 2023, RB(c)(l)		0.00	%		03/01/2053		7,750	5,664,687
								8,361,472

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Louisiana–0.61%
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority;
Series 2018 A, RB(b)(c)		5.25	%		05/01/2043	$	1,220	$     1,094,298
Series 2019, RB(c)		4.40	%		11/01/2044		3,005	2,906,550
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Glen Retirement System);
Series 2019 A, RB		5.00	%		01/01/2049		16,535	11,838,581
Series 2019 A, RB		5.00	%		01/01/2055		12,000	8,240,142
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (Green Bonds); Series 2018, RB(c)		5.38	%		11/01/2038		2,090	2,183,586
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (St. Tammany Parish Gomesa); Series 2020, RB(c)		3.88	%		11/01/2045		4,055	3,556,456
Louisiana (State of) Public Facilities Authority; Series 2023, RB(b)(c)(e)		6.75	%		10/01/2028		10,000	10,703,310
St. James (Parish of), LA (Nustar Logistics, L.P.);
Series 2010 2, RB(c)		6.35	%		07/01/2040		5,115	5,559,792
Series 2010 2, RB(c)		6.35	%		10/01/2040		440	478,262
St. John the Baptist Parish School District No. 1; Series 2023, GO Bonds		5.25	%		03/01/2043		10,000	10,335,703
								56,896,680
Maine–0.13%
Rumford (Town of), ME (Boise Cascade Corp.); Series 2001, Ref. RB(b)		6.88	%		10/01/2026		12,265	12,288,819
Maryland–0.55%
Baltimore (City of), MD (Centerwest Development);
Series 2017 A, RB		5.38	%		06/01/2036		1,100	1,106,936
Series 2017 A, RB		5.50	%		06/01/2043		1,360	1,364,544
Baltimore (City of), MD (Convention Center Hotel);
Series 2017, Ref. RB		5.00	%		09/01/2027		2,780	2,778,480
Series 2017, Ref. RB		5.00	%		09/01/2028		4,350	4,345,175
Series 2017, Ref. RB		5.00	%		09/01/2029		3,630	3,625,609
Series 2017, Ref. RB		5.00	%		09/01/2031		1,210	1,204,626
Series 2017, Ref. RB		5.00	%		09/01/2033		1,000	990,663
Series 2017, Ref. RB		5.00	%		09/01/2034		1,105	1,091,877
Series 2017, Ref. RB		5.00	%		09/01/2035		2,250	2,215,532
Series 2017, Ref. RB		5.00	%		09/01/2036		3,525	3,449,921
Baltimore (City of), MD (Wastewater); Series 2014 C, RB		5.00	%		07/01/2044		5,000	5,014,434
Maryland (State of) Stadium Authority (Baltimore City Public Schools); Series 2018 A, RB (CEP - Colorado Higher Education Intercept Program)		5.00	%		05/01/2047		13,175	13,553,311
Maryland Economic Development Corp. (Purple Line) (Green Bonds); Series 2022 B, RB(b)		5.25	%		06/30/2055		10,000	10,250,382
								50,991,490
Massachusetts–1.27%
Massachusetts (Commonwealth of); Series 2024 A, GO Bonds		5.00	%		01/01/2054		82,650	88,148,779
Massachusetts (Commonwealth of) (Rail Enhancement Program); Series 2022 B, RB		5.00	%		06/01/2052		4,705	4,985,926
Massachusetts (Commonwealth of) Development Finance Agency (Linden Ponds, Inc. Facility); Series 2018, RB(c)		5.13	%		11/15/2046		4,565	4,661,232
Massachusetts (Commonwealth of) Development Finance Agency (Merrimack College); Series 2014, RB		5.13	%		07/01/2044		4,000	4,001,503
Massachusetts (Commonwealth of) Port Authority; Series 2022, RB(b)(k)		5.00	%		07/01/2046		15,000	15,564,719
								117,362,159
Michigan–1.92%
Academy of Warren; Series 2020 A, RB(c)		5.50	%		05/01/2050		1,000	919,879
Advanced Technology Academy;
Series 2019, Ref. RB		5.00	%		11/01/2034		400	405,086
Series 2019, Ref. RB		5.00	%		11/01/2044		1,175	1,114,456
American Montessori Academy; Series 2017, RB		7.00	%		12/01/2046		1,490	1,493,635
Charyl Stockwell Academy;
Series 2015, Ref. RB		5.50	%		10/01/2035		2,740	2,650,130
Series 2015, Ref. RB		5.75	%		10/01/2045		4,140	3,792,872
Clawson Public Schools; Series 2024, Ref. GO Bonds		5.25	%		05/01/2053		3,575	3,860,345

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Michigan–(continued)
Detroit City School District; Series 2013, GO Bonds (INS - AGM)(h)(k)		6.00	%		05/01/2029	$	7,580	$     8,034,320
Grand Rapids Economic Development Corp. (Clark Retirement Community, Inc.);
Series 2019 A, Ref. RB		5.50	%		04/01/2039		4,365	3,520,830
Series 2019 A, Ref. RB		5.75	%		04/01/2049		19,320	14,692,323
Series 2019 A, Ref. RB		5.75	%		04/01/2054		13,990	10,260,775
Series 2019 B, RB		6.00	%		04/01/2027		2,595	2,453,911
Haslett Public Schools; Series 2018, GO Bonds		5.00	%		05/01/2048		3,150	3,246,195
Michigan (State of); Series 2023, RB(k)		5.25	%		11/15/2049		16,925	18,568,032
Michigan (State of) Building Authority (Facilities Program); Series 2022 I, RB		4.00	%		10/15/2052		4,250	3,914,330
Michigan (State of) Finance Authority;
Series 2005 A, RB		6.00	%		12/01/2035		1,400	1,347,209
Series 2007, RB		6.50	%		12/01/2037		515	515,125
Series 2008 C, RB(l)		0.00	%		06/01/2058		804,975	24,502,876
Series 2014, Ref. RB(c)(d)(e)		6.75	%		07/01/2024		9,220	9,235,460
Series 2014, Ref. RB(c)		6.75	%		07/01/2044		7,245	7,080,430
Series 2020 A-1, Ref. RB		4.00	%		06/01/2049		5,000	4,449,885
Michigan (State of) Finance Authority (Henry Ford Health System); Series 2016, Ref. RB		5.00	%		11/15/2041		200	202,057
Michigan (State of) Finance Authority (Old Redforf Academy); Series 2010 A, RB		5.90	%		12/01/2030		1,060	1,049,882
Michigan (State of) Finance Authority (Universal Learning Academy); Series 2018, Ref. RB		5.75	%		11/01/2040		2,000	1,968,612
Michigan (State of) Housing Development Authority; Series 2023 A, RB(k)		5.15	%		10/01/2058		20,000	20,528,979
Mona Shores Public Schools; Series 2019 I, GO Bonds		5.00	%		05/01/2048		4,790	4,946,456
Pontiac (City of), MI Arts & Technology Academy; Series 2016, Ref. RB		6.00	%		11/01/2046		3,465	3,137,144
Rockford Public Schools; Series 2023 II, GO Bonds		5.00	%		05/01/2049		5,710	6,048,337
Wayne (County of), MI; Series 1999, RB(b)		6.00	%		12/01/2029		13,065	13,080,482
Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport); Series 2014, RB(b)		5.00	%		12/01/2039		1,395	1,396,177
								178,416,230
Minnesota–0.81%
Bethel (City of), MN (Benedictine Health System - St. Peter Communities); Series 2018 A, Ref. RB		5.50	%		12/01/2048		3,330	3,057,854
Bethel (City of), MN (Birchwood Landing At The Lakes At Stillwater Project); Series 2019, RB		5.00	%		05/01/2054		2,610	2,291,575
Bethel (City of), MN (Ecumen Obligated Group); Series 2024, Ref. RB		6.13	%		03/01/2049		1,500	1,461,636
Bethel (City of), MN (The Lodge At The Lakes At Stillwater);
Series 2018, RB		5.00	%		06/01/2053		600	472,825
Series 2018, RB		5.25	%		06/01/2058		1,625	1,308,922
Brooklyn Center (City of), MN (Sanctuary at Brooklyn Center);
Series 2016 A, RB		5.50	%		11/01/2035		8,813	5,287,609
Series 2016 B, RB		6.50	%		11/01/2035		3,038	1,822,848
Cottonwood (City of), MN (Extreme Holdings LLC);
Series 2021 A, RB(b)(c)		5.00	%		12/01/2050		6,630	5,289,495
Series 2021 B, RB(c)		6.50	%		12/01/2026		510	491,677
Dakota (County of), MN Community Development Agency (Sanctuary at West St. Paul); Series 2015, RB		6.00	%		08/01/2035		5,735	3,972,316
Independence (City of), MN (Spero Academy);
Series 2021 A, RB		5.00	%		07/01/2056		13,325	10,584,791
Series 2021 B, RB		6.00	%		07/01/2028		625	591,685
International Falls (City of), MN (Boise Cascade Corp.); Series 1999, Ref. RB(b)		6.85	%		12/01/2029		6,570	6,583,461
Minneapolis & St. Paul (Cities of), MN Metropolitan Airports Commission;
Series 2022 B, Ref. RB(b)		5.00	%		01/01/2047		4,000	4,120,540
Series 2022 B, Ref. RB(b)		5.25	%		01/01/2047		3,775	3,975,948
Minneapolis (City of), MN (Kipp North Star); Series 2020 A, RB		5.75	%		07/01/2055		4,000	3,400,626
Minneapolis (City of), MN (Riverton Community Housing); Series 2018, RB(c)		5.00	%		08/01/2053		500	477,106
Minneapolis (City of), MN (Spero Academy);
Series 2017 A, RB(c)		6.25	%		07/01/2037		1,075	1,095,052
Series 2017 A, RB(c)		6.50	%		07/01/2048		4,740	4,813,374
Red Wing (City of), MN; Series 2018 A, RB		5.00	%		08/01/2053		515	407,239
Rochester (City of), MN (Homestead at Rochester, Inc.); Series 2013 A, RB		6.88	%		12/01/2048		9,200	9,194,531
St. Paul (City of), MN Housing & Redevelopment Authority; Series 2004, RB		6.25	%		03/01/2029		1,191	1,075,512

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)
St. Paul (City of), MN Housing & Redevelopment Authority (Great River School); Series 2017 A, RB(c)		5.50	%		07/01/2052	$	1,075	$     1,075,850
St. Paul (City of), MN Housing & Redevelopment Authority (Twin Cities German Immersion School);
Series 2019, RB		5.00	%		07/01/2049		1,000	908,383
Series 2019, RB		5.00	%		07/01/2055		1,000	885,355
								74,646,210
Mississippi–0.31%
Mississippi (State of) Development Bank (Jackson Convention Center); Series 2013 A, Ref. RB (INS - BAM)(h)		5.00	%		03/01/2036		10,000	11,027,467
Mississippi State University Educational Building Corp.; Series 2017 A, Ref. RB		4.00	%		08/01/2043		13,015	12,415,020
Stonebridge Public Improvement District; Series 2007, RB(g)		7.50	%		10/01/2042		16,410	4,102,500
Tunica (County of), MS; Series 2019, Ref. RB		6.00	%		10/01/2040		1,315	1,158,244
								28,703,231
Missouri–1.55%
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(i)		7.05	%		05/01/2027		8,000	7,052,766
Series 2007 A, RB(i)		5.75	%		05/01/2026		1,530	1,385,225
Branson (City of), MO Industrial Development Authority (Branson Landing Retail); Series 2005, RB		5.50	%		06/01/2029		1,925	1,809,413
Broadway-Fairview Transportation Development District; Series 2006 A, RB(i)		6.13	%		12/01/2036		570	176,700
Callaway (County of), MO Industrial Development Authority (Westminster College); Series 2021 C, RB		5.25	%		10/01/2051		3,535	2,973,221
Chesterfield Valley Transportation Development District; Series 2018, RB(j)		5.50	%		05/15/2046		4,960	3,108,320
Chillicothe (City of), MO (South U.S. 65); Series 2006, RB		5.63	%		04/01/2027		3,100	3,044,693
Dardenne Town Square Transportation Development District;
Series 2006 A, RB(i)(o)		5.00	%		05/01/2026		3,020	1,540,200
Series 2006 A, RB(i)(o)		5.00	%		05/01/2036		3,825	1,950,750
I-470 Western Gateway Transportation Development District; Series 2019 A, RB(c)		5.25	%		12/01/2048		4,900	4,766,953
Kansas City (City of), MO Industrial Development Authority; Series 2019, RB(c)		5.00	%		07/01/2040		4,940	4,309,713
Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport);
Series 2019 B, RB(b)		5.00	%		03/01/2054		50,235	50,928,228
Series 2019 B, RB (INS - AGM)(b)(h)		5.00	%		03/01/2055		16,490	16,752,621
Series 2020, RB(b)		4.00	%		03/01/2045		6,400	5,881,159
Kansas City (City of), MO Industrial Development Authority (Ward Parkway Center Community Improvement District); Series 2016 A, Ref. RB(c)		5.00	%		04/01/2046		1,890	1,647,117
Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights);
Series 2017 A, Ref. RB		5.25	%		05/15/2028		1,135	1,102,704
Series 2017 A, Ref. RB		5.25	%		05/15/2037		1,955	1,781,484
Series 2017 A, Ref. RB		5.25	%		05/15/2042		1,750	1,501,925
Series 2017 A, Ref. RB		5.25	%		05/15/2050		1,100	881,035
Lee’s Summit (City of), MO Industrial Development Authority; Series 2007, RB(g)(i)		5.75	%		03/01/2029		750	412,500
Lee’s Summit (City of), MO Industrial Development Authority (Summit Fair Community Improvement District); Series 2012, RB		6.00	%		05/01/2042		2,800	2,513,472
Northwoods Transportation Development District; Series 2006 A, RB		5.85	%		02/01/2031		499	430,299
Rock Hill (City of), MO Industrial Development Authority (Market at McKnight Redevelopment); Series 2015 A, RB		4.50	%		11/01/2028		545	512,291
St. Louis (City of), MO;
Series 2007, RN(i)(o)		6.30	%		04/01/2027		3,043	365,160
Series 2024, RB (INS - AGM)(h)		5.25	%		07/01/2054		7,500	8,107,935
St. Louis (City of), MO (Abbey Condominiums); Series 2007, RB(i)		5.50	%		05/29/2028		2,031	609,295
St. Louis (City of), MO Industrial Development Authority; Series 2010 A, RB(g)(i)		8.00	%		04/27/2033		4,580	137,400
St. Louis (City of), MO Land Clearance for Redevelopment Authority (Scottrade Center);
Series 2018 A, RB		5.00	%		04/01/2038		4,000	4,076,388
Series 2018 A, RB		5.00	%		04/01/2048		1,955	1,966,474
Series 2018 B, RB		6.38	%		04/01/2043		2,000	1,638,849
St. Louis (County of), MO; Series 2007 A, RB(i)		5.50	%		09/02/2028		1,108	321,320
St. Louis (County of), MO (Printers Lofts Tax Increment Financing); Series 2006, RB(i)(o)		6.00	%		08/21/2026		1,660	132,800

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)
St. Louis (County of), MO (Washington Park Redevelopment);
Series 2006, RB(i)(o)		6.00	%		08/21/2026	$	2,442	$       293,040
Series 2007 A, RN(i)		5.50	%		01/20/2028		2,131	809,780
Series 2007 B, RN(i)(o)		5.50	%		01/20/2028		1,510	75,500
St. Louis (County of), MO Industrial Development Authority; Series 2019 A, Ref. RB(c)		5.88	%		03/01/2033		3,100	2,851,147
Stone Canyon Community Improvement District (Infrastructure Improvement); Series 2007, RB (Acquired 09/23/2011; Cost $876,272)(f)(g)(i)		5.75	%		04/01/2027		975	87,750
Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure); Series 2023, RB(c)		6.00	%		10/01/2049		4,575	4,450,565
								143,366,192
Montana–0.01%
Hardin (City of), MT; Series 2006, RB(i)(o)		6.25	%		09/01/2031		5,935	1,127,650
Nevada–0.06%
Clark (County of), NV (Special Improvement District No. 128);
Series 2007 A, RB		5.00	%		02/01/2026		410	410,236
Series 2007 A, RB		5.05	%		02/01/2031		730	730,184
Henderson (City of), NV Local Improvement District No. T-22 (Rainbow Canyon Phase II); Series 2023, RB		5.25	%		03/01/2053		1,200	1,137,027
Las Vegas (City of), NV Special Improvement District No. 815; Series 2020, RB		5.00	%		12/01/2049		970	891,761
Mesquite (City of), NV; Series 2005, RB		5.50	%		08/01/2025		25	25,030
Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor); Series 2018 C, Ref. RB(c)(l)		0.00	%		07/01/2058		21,000	2,699,769
								5,894,007
New Hampshire–0.44%
New Hampshire (State of) Business Finance Authority (Social Bonds); Series 2022-2A, RB		4.00	%		10/20/2036		25,446	23,602,590
New Hampshire (State of) Business Finance Authority (Vista (The));
Series 2019 A, RB(c)		5.25	%		07/01/2039		1,400	1,295,386
Series 2019 A, RB(c)		5.63	%		07/01/2046		770	702,456
Series 2019 A, RB(c)		5.75	%		07/01/2054		5,430	4,881,497
New Hampshire (State of) Health and Education Facilities Authority (Hillside Village);
Series 2017 A, RB (Acquired 02/13/2020; Cost $736,393)(c)(f)(g)		5.25	%		07/01/2027		688	69
Series 2017 A, RB (Acquired 06/12/2017; Cost $1,078,533)(c)(f)(g)		6.13	%		07/01/2037		1,078	108
Series 2017 A, RB (Acquired 06/12/2017; Cost $540,829)(c)(f)(g)		6.25	%		07/01/2042		541	54
Series 2017 A, RB (Acquired 03/26/2020-04/28/2020; Cost $7,478,578)(c)(f)(g)		6.13	%		07/01/2052		8,988	899
New Hampshire (State of) Housing Finance Authority (University Hospitals Home Care Services, Inc.);
Series 2024, RB(c)		5.63	%		12/15/2033		6,855	6,954,770
Series 2024, RB(c)		6.25	%		12/15/2038		3,565	3,616,999
								41,054,828
New Jersey–1.39%
New Jersey (State of) Economic Development Authority; Series 2019 B, RB (Acquired 10/18/2019; Cost $754,236)(c)(f)		5.75	%		10/01/2026		765	557,420
New Jersey (State of) Economic Development Authority (Black Horse EHT Urban Renewal LLC); Series 2019 A, RB (Acquired 10/18/2019; Cost $6,000,000)(c)(f)		5.00	%		10/01/2039		6,000	3,831,736
New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.);
Series 1999, RB(b)		5.25	%		09/15/2029		4,605	4,610,369
Series 2000 B, RB(b)		5.63	%		11/15/2030		8,550	8,622,538
Series 2003, RB(b)		5.50	%		06/01/2033		8,000	8,048,548
Series 2012, RB(b)		5.75	%		09/15/2027		14,365	14,374,163
New Jersey (State of) Economic Development Authority (Golden Door Charter School); Series 2018 A, RB(c)		6.50	%		11/01/2052		690	720,772
New Jersey (State of) Economic Development Authority (Katikvah International Academy Charter School); Series 2017 A, RB(c)		5.38	%		07/01/2047		1,865	1,705,086

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 Jersey–(continued)
New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.);
Series 2014 A, RB(c)		6.00	%		10/01/2034	$	565	$       566,193
Series 2014 A, RB(c)		6.20	%		10/01/2044		750	751,304
Series 2014 A, RB(c)		6.30	%		10/01/2049		500	500,947
New Jersey (State of) Economic Development Authority (Marion P. Thomas Charter School); Series 2018 A, RB(c)		5.38	%		10/01/2050		5,000	4,708,089
New Jersey (State of) Economic Development Authority (Newark Downtown District Management Corp.); Series 2019, Ref. RB		5.13	%		06/15/2037		2,679	2,838,476
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	1,881,050
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	1,000,967
New Jersey (State of) Economic Development Authority (State House); Series 2017 B, RB		5.00	%		06/15/2035		2,050	2,156,390
New Jersey (State of) Economic Development Authority (Teaneck Community Charter School); Series 2017 A, Ref. RB(c)		5.13	%		09/01/2052		2,055	2,005,399
New Jersey (State of) Educational Facilities Authority (College of St. Elizabeth (The)); Series 2016 D, Ref. RB		5.00	%		07/01/2046		5,000	4,511,037
New Jersey (State of) Health Care Facilities Financing Authority; Series 2018, RB (Acquired 09/14/2018; Cost $4,970,000)(c)(f)		5.75	%		10/01/2038		4,970	3,635,009
New Jersey (State of) Transportation Trust Fund Authority; Series 2009 A, RB(l)		0.00	%		12/15/2039		10,000	5,044,698
Newark (City of), NJ; Series 2015 A, GO Bonds		5.00	%		07/15/2029		3,583	3,623,953
Tobacco Settlement Financing Corp.;
Series 2018 A, Ref. RB		5.00	%		06/01/2046		13,650	13,886,974
Series 2018 B, Ref. RB		5.00	%		06/01/2046		38,925	39,190,336
								128,771,454
New Mexico–0.08%
Boulders Public Improvement District; Series 2015, RB		5.75	%		10/01/2044		615	557,854
Farmington (City of), NM (San Juan and Four Corners); Series 2016 A, Ref. RB		2.15	%		04/01/2033		7,355	5,784,561
Mariposa East Public Improvement District;
Series 2015 A, RB		5.90	%		09/01/2032		45	41,993
Series 2015 B, RB		5.90	%		09/01/2032		295	278,815
Series 2015 C, RB		5.90	%		09/01/2032		390	358,207
Series 2015 D, RB(l)		0.00	%		03/01/2032		330	166,919
								7,188,349
New York–19.65%
Build NYC Resource Corp. (Brooklyn Navy Yard); Series 2019, Ref. RB (LOC - Santander Bank N.A.)(b)(c)(p)		5.50	%		12/31/2040		9,655	8,113,309
Erie Tobacco Asset Securitization Corp.; Series 2005 D, RB(l)		0.00	%		06/01/2055		17,700	1,325,238
Essex (County of), NY Industrial Development Agency; Series 2017, RB (Acquired 05/11/2017; Cost $4,025,000)(b)(f)		6.25	%		06/01/2047		4,025	2,773,413
Guilderland (Town of), NY Industrial Development Agency; Series 2017 A, RB(c)(g)		5.88	%		01/01/2052		5,400	3,240,000
Long Island (City of), NY Power Authority; Series 2017, RB		5.00	%		09/01/2047		5,000	5,111,415
Metropolitan Transportation Authority;
Series 2016 C-1, RB		5.25	%		11/15/2056		5,005	5,095,008
Series 2017 D, Ref. RB		4.00	%		11/15/2042		4,680	4,425,506
Series 2024 A, Ref. RB		5.50	%		11/15/2047		20,000	21,895,566
Metropolitan Transportation Authority (Bidding Group 2); Series 2022 A, RB		5.00	%		11/15/2046		2,555	2,736,025
Metropolitan Transportation Authority (Green Bonds);
Series 2017 B-1, RB		5.25	%		11/15/2057		10,000	10,300,672
Series 2020 A-1, RB		4.00	%		11/15/2045		13,000	12,237,018
Series 2020 A-1, RB		5.00	%		11/15/2049		22,270	22,974,062
Series 2020 A-1, RB		4.00	%		11/15/2052		12,000	10,960,480
Series 2020 C-1, RB		4.75	%		11/15/2045		27,000	27,479,893
Series 2020 C-1, RB		5.00	%		11/15/2050		30,115	31,031,574
Monroe County Industrial Development Corp. (St. Ann’s Community); Series 2019, Ref. RB		5.00	%		01/01/2050		1,715	1,334,441
Monroe County Industrial Development Corp. (St. John Fisher College); Series 2011, RB		6.00	%		06/01/2030		1,000	1,001,700
Monroe County Industrial Development Corp. (University of Rochester); Series 2020 A, RB		4.00	%		07/01/2050		17,975	17,048,915

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)
MTA Hudson Rail Yards Trust Obligations; Series 2016 A, RB		5.00	%		11/15/2051	$	76,835	$    76,064,491
Nassau (County of), NY Industrial Development Agency (Amsterdam at Harborside);
Series 2021, RB (Acquired 11/18/2014-01/24/2018; Cost $7,982,603)(f)(g)		5.00	%		01/01/2058		8,272	2,476,918
Series 2021, Ref. RB (Acquired 09/07/2021; Cost $3,970,000)(c)(f)(g)		9.00	%		01/01/2041		3,970	3,970,000
New York & New Jersey (States of) Port Authority;
Series 2019 220, RB(b)		4.00	%		11/01/2059		25,765	22,949,135
Series 2020 221, RB(b)		4.00	%		07/15/2055		31,230	27,904,795
Series 2020 221, RB(b)		4.00	%		07/15/2060		48,090	42,258,991
Two Hundred and Eighteenth Series 2019, RB(b)(k)		5.00	%		11/01/2044		46,300	47,238,964
Two Hundred Sixth Series 2017, Ref. RB(b)		5.00	%		11/15/2042		2,000	2,036,320
Two Hundred Sixth Series 2017, Ref. RB(b)		5.00	%		11/15/2047		19,725	19,982,837
Two Hundred Thirty Fourth Series 2022, Ref. RB(b)		5.25	%		08/01/2047		7,000	7,406,189
Two Hundred Thirty Fourth Series 2022, Ref. RB(b)		5.50	%		08/01/2052		9,215	9,847,164
Two Hundred Twenty Third Series 2021, Ref. RB(b)		4.00	%		07/15/2046		1,850	1,702,124
Two Hundredth Series 2017, Ref. RB(k)		5.00	%		10/15/2047		10,000	10,241,896
Two Hundredth Series 2017, Ref. RB		5.00	%		04/15/2057		10	10,232
New York (City of), NY;
Series 2021 CC-1, RB(k)		4.00	%		06/15/2051		15,000	14,243,984
Series 2022-XF1336, RB(k)		5.00	%		06/15/2051		25,000	26,210,291
Series 2024 AA-1, RB(k)		5.25	%		06/15/2053		15,000	16,307,597
Series 2024 D, GO Bonds		5.25	%		04/01/2054		15,000	16,306,212
New York (City of), NY Municipal Water Finance Authority;
Series 2022 CC-1, RB		4.00	%		06/15/2052		13,375	12,648,481
Series 2022-XF1336, RB(k)		5.00	%		06/15/2052		10,000	10,521,039
New York (City of), NY Transitional Finance Authority;
Series 2022 A-1, RB		4.00	%		08/01/2048		5,000	4,745,812
Series 2022 C-1, RB		4.00	%		02/01/2051		10,000	9,447,571
Series 2022 F-1, RB		4.00	%		02/01/2051		2,500	2,361,893
Series 2022, RB(k)		5.00	%		02/01/2051		12,000	12,642,626
Series 2023 A-1, RB		5.00	%		05/01/2053		4,755	5,037,314
Series 2023 A-1, RB(k)		5.00	%		05/01/2053		15,500	16,420,271
Series 2023 F-1, RB		4.00	%		02/01/2051		22,500	21,257,035
Series 2024 C, RB(k)(m)		5.25	%		05/01/2050		30,000	32,645,769
Series 2024 C, RB(k)		5.00	%		05/01/2053		20,000	21,241,978
New York (State of) Dormitory Authority;
Series 2018 E, Ref. RB(k)		5.00	%		03/15/2041		23,765	24,853,536
Series 2019 A, Ref. RB(k)		4.00	%		03/15/2049		10,000	9,471,881
Series 2020 D, Ref. RB		4.00	%		02/15/2047		3,850	3,647,848
Series 2021 E, Ref. RB		4.00	%		03/15/2047		10,075	9,541,528
Series 2021 E, Ref. RB		4.00	%		03/15/2049		25,000	23,607,135
Series 2022 A, Ref. RB		4.00	%		03/15/2049		5,710	5,391,870
Series 2022, RB(k)		4.00	%		03/15/2048		11,065	10,488,158
Series 2022-XF2996, RB(k)		5.00	%		03/15/2042		15,000	15,658,763
Series 2024 A, Ref. RB		5.25	%		03/15/2048		1,350	1,475,286
Series 2024 A, Ref. RB		5.25	%		03/15/2049		1,900	2,073,616
Series 2024 A, Ref. RB		5.25	%		03/15/2052		9,000	9,791,930
New York (State of) Dormitory Authority (Bidding Group 4); Series 2021 E, Ref. RB		4.00	%		03/15/2045		10,645	10,187,723
New York (State of) Power Authority (Green Bonds);
Series 2020 A, Ref. RB		4.00	%		11/15/2050		15,760	14,973,648
Series 2020 A, Ref. RB		4.00	%		11/15/2060		2,790	2,578,427
New York (State of) Power Authority (Green Transmission) (Green Bonds); Series 2023, RB (INS - AGM)(h)		5.13	%		11/15/2063		20,000	21,542,590
New York (State of) Thruway Authority;
Series 2019 B, RB		4.00	%		01/01/2050		19,250	17,951,135
Series 2022, RB(k)		4.00	%		03/15/2051		36,050	34,205,493
Series 2022-XX1212, RB(k)		4.00	%		03/15/2057		59,635	55,311,251
New York (State of) Thruway Authority (Bidding Group 1) (Green Bonds); Series 2022 C, RB		5.00	%		03/15/2055		5,000	5,284,030

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
New York–(continued)
New York (State of) Thruway Authority (Bidding Group 4);
Series 2021 A-1, Ref. RB		4.00	%		03/15/2052	$	10,500	$     9,932,535
Series 2021 A-1, Ref. RB		4.00	%		03/15/2053		17,000	16,053,652
Series 2021 A-1, Ref. RB		4.00	%		03/15/2054		37,075	34,922,566
Series 2021 A-1, Ref. RB		4.00	%		03/15/2055		10,000	9,327,534
New York (State of) Thruway Authority (Group 5); Series 2021 A-1, Ref. RB		4.00	%		03/15/2057		17,075	15,836,967
New York Counties Tobacco Trust V; Series 2005 S4B, RB(c)(l)		0.00	%		06/01/2060		234,000	10,543,572
New York State Urban Development Corp.;
Series 2022 A, Ref. RB(k)		5.00	%		03/15/2045		15,520	16,569,504
Series 2023, RB(k)		5.00	%		03/15/2050		15,000	15,852,761
Series 2023, Ref. RB		5.00	%		03/15/2056		13,055	13,787,878
New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport);
Series 2020, Ref. RB(b)		5.25	%		08/01/2031		14,230	14,969,589
Series 2020, Ref. RB(b)		5.38	%		08/01/2036		9,800	10,350,012
Series 2023, RB (INS - AGM)(b)(h)		5.00	%		06/30/2049		10,000	10,271,915
Series 2023, RB(b)		6.00	%		06/30/2054		38,055	41,743,610
Series 2023, RB (INS - AGM)(b)(h)		5.13	%		06/30/2060		57,890	59,738,648
Series 2023, RB(b)		5.38	%		06/30/2060		32,750	33,965,218
New York Transportation Development Corp. (American Airlines, Inc.);
Series 2016, Ref. RB(b)		5.00	%		08/01/2026		38,250	38,262,294
Series 2016, Ref. RB(b)		5.00	%		08/01/2031		43,220	43,224,408
New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment);
Series 2020, RB(b)		5.00	%		10/01/2040		20,000	20,733,582
Series 2020, RB(b)		4.38	%		10/01/2045		6,500	6,321,697
New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment);
Series 2016 A, RB(b)		5.00	%		07/01/2046		2,500	2,488,269
Series 2023, RB(b)		6.00	%		04/01/2035		21,500	24,443,842
Series 2023, RB(b)		5.63	%		04/01/2040		27,500	30,001,887
Oneida Indian Nation; Series 2024 A, RB(c)		8.00	%		09/01/2040		8,355	8,171,629
Suffolk Regional Off-Track Betting Co.; Series 2024, RB		6.00	%		12/01/2053		4,325	4,476,601
Triborough Bridge & Tunnel Authority;
Series 2021 A-1, Ref. RB		5.00	%		05/15/2051		25,140	26,453,165
Series 2021 C-1A, RB		4.00	%		05/15/2046		12,800	12,321,736
Series 2021 C-3, RB		4.00	%		05/15/2051		3,190	3,010,360
Series 2022-XF1332, RB(k)		5.25	%		05/15/2052		35,130	37,733,372
Series 2024 A-1, RB		5.25	%		05/15/2059		25,000	27,009,380
Series 2024 A-1, RB		5.25	%		05/15/2064		17,940	19,321,552
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels);
Series 2019 A, RB		5.00	%		11/15/2049		5,000	5,159,927
Series 2019 A, RB(k)		5.00	%		11/15/2049		17,640	18,204,225
Series 2020 A, RB		5.00	%		11/15/2054		3,110	3,243,764
Series 2021 A, RB		4.00	%		11/15/2056		5,000	4,680,184
Series 2022 A, Ref. RB(k)		4.00	%		05/15/2051		18,225	17,198,718
Series 2022 D-2, RB(k)		5.25	%		05/15/2047		16,700	18,115,097
Series 2022, RB(k)		5.25	%		05/15/2052		25,000	27,005,750
Series 2022, RB(k)		5.25	%		05/15/2057		20,000	21,435,345
Series 2022, RB(k)		5.25	%		05/15/2062		31,400	33,561,446
Series 2023 A, RB		4.25	%		05/15/2058		16,000	15,440,358
Series 2023 A, RB(k)		4.25	%		05/15/2058		40,000	38,600,984
Subseries 2023 B-1, RB(k)		5.25	%		11/15/2053		34,565	37,359,636
Yonkers Economic Development Corp. (Charter School Education Excellence); Series 2019 A, RB		5.00	%		10/15/2054		465	446,056
								1,821,539,237
North Carolina–0.48%
Greater Asheville Regional Airport Authority;
Series 2023, RB (INS - AGM)(b)(h)		5.25	%		07/01/2048		4,975	5,250,861
Series 2023, RB (INS - AGM)(b)(h)		5.25	%		07/01/2053		10,535	11,034,840

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
North Carolina–(continued)
North Carolina (State of) Housing Finance Agency (Social Bonds); Series 2022, RB (CEP - GNMA)		5.00	%		07/01/2047	$	4,980	$     4,983,319
North Carolina (State of) Medical Care Commission (Forest at Duke (The)); Series 2021, RB		4.00	%		09/01/2051		1,025	807,920
North Carolina (State of) Medical Care Commission (Novant Health Obligated Group); Series 2019, RB		4.00	%		11/01/2052		16,500	15,441,058
North Carolina (State of) Turnpike Authority (Triangle Expressway System); Series 2024, RB (INS - AGM)(h)		5.00	%		01/01/2058		6,500	6,843,134
								44,361,132
North Dakota–0.01%
Grand Forks (County of), ND (Green Bonds);
Series 2021, RB(b)(c)(g)		6.63	%		12/15/2031		3,000	90,000
Series 2021, RB(b)(c)(g)		7.00	%		12/15/2043		23,500	705,000
								795,000
Northern Mariana Islands–0.20%
Northern Mariana Islands (Commonwealth of); Series 2007 B, Ref. GO Bonds(c)		5.00	%		10/01/2033		21,135	18,550,084
Ohio–2.85%
Buckeye Tobacco Settlement Financing Authority;
Series 2020 A-2, Ref. RB		4.00	%		06/01/2048		8,735	7,779,919
Series 2020 B-2, Ref. RB		5.00	%		06/01/2055		149,230	133,715,960
Series 2020 B-3, Ref. RB(l)		0.00	%		06/01/2057		211,895	18,966,615
Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Flats East Bank); Series 2021, Ref. RB(c)		4.50	%		12/01/2055		725	595,580
Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Playhouse Square Foundation);
Series 2018, Ref. RB		5.25	%		12/01/2038		815	827,036
Series 2018, Ref. RB		5.50	%		12/01/2043		735	744,908
Series 2018, Ref. RB		5.50	%		12/01/2053		2,900	2,910,279
Cuyahoga (County of), OH (MetroHealth System);
Series 2017, Ref. RB		5.50	%		02/15/2052		2,975	3,009,956
Series 2017, Ref. RB		5.00	%		02/15/2057		7,025	6,750,691
Series 2017, Ref. RB		5.50	%		02/15/2057		4,900	4,953,295
Darke (County of), OH (Wayne Healthcare);
Series 2019 A, RB		4.00	%		09/01/2040		1,000	835,895
Series 2019 A, RB		4.00	%		09/01/2045		1,750	1,366,038
Dayton-Montgomery County Port Authority (The Hunters Path); Series 2023, RB(c)		7.50	%		12/01/2055		4,575	4,504,075
Greater Cincinnati (Port of), OH Development Authority; Series 2004, RB		6.40	%		02/15/2034		2,500	2,392,707
Hardin (County of), OH (Ohio Northern University); Series 2020, Ref. RB		5.50	%		05/01/2050		3,000	2,777,936
Hickory Chase Community Authority (Senior Bonds); Series 2019, Ref. RB(c)		5.00	%		12/01/2040		1,750	1,570,495
Lorain (County of), OH Port Authority; Series 2005 A, RB(b)		6.00	%		11/15/2025		100	100,009
Marion (County of), OH (United Church Homes, Inc.);
Series 2019, Ref. RB		5.00	%		12/01/2039		2,300	1,940,353
Series 2019, Ref. RB		5.13	%		12/01/2049		7,760	6,056,343
Norwood (City of), OH (Central Park); Series 2017, RB		6.00	%		12/01/2046		1,035	918,037
Ohio (State of) Air Quality Development Authority (AMG Vanadium Project); Series 2019, RB(b)(c)		5.00	%		07/01/2049		10,000	8,924,845
Ohio (State of) Higher Educational Facility Commission (Hiram College); Series 2015, Ref. RB		6.00	%		10/01/2041		22,300	21,416,771
Ohio (State of) Housing Finance Agency (Sanctuary at Springboro); Series 2017, RB(c)		5.45	%		01/01/2038		5,400	4,317,479
University of Cincinnati; Series 2024 A, RB		5.25	%		06/01/2054		15,000	16,097,614
Warren (County of), OH Port Authority;
Series 2019 D, RB(c)		4.00	%		12/01/2039		2,210	1,916,584
Series 2019 D, RB(c)		5.00	%		12/01/2052		3,670	3,419,457
Series 2019, RB(c)		5.25	%		12/01/2052		6,105	5,222,011
								264,030,888
Oklahoma–0.59%
Atoka (County of), OK Health Care Authority (Atoka Memorial Hospital); Series 2007, RB		6.63	%		10/01/2037		4,155	3,677,679

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Oklahoma–(continued)
Oklahoma (County of), OK Finance Authority (Astec);
Series 2024, RB(c)		5.25	%		06/15/2034	$	500	$       498,448
Series 2024, RB(c)		6.00	%		06/15/2044		875	881,036
Series 2024, RB(c)		6.25	%		06/15/2054		1,000	1,003,128
Series 2024, RB(c)		6.50	%		06/15/2064		2,600	2,634,627
Oklahoma (State of) Ordnance Works Authority (Ralston Purina Co.); Series 1996, PCR(b)		6.50	%		09/01/2026		100	100,186
Tulsa (City of), OK Airports Improvement Trust (American Airlines Group, Inc.); Series 2015, Ref. RB(b)(e)		5.00	%		06/01/2025		43,705	44,041,957
Tulsa (City of), OK Authority for Economic Opportunity (Vast Bank); Series 2021, RB(c)		4.00	%		12/01/2043		2,470	2,201,037
								55,038,098
Ontario–0.21%
Affordable Housing Tax-Exempt Bond Pass-Thru Trust; Series 2023-1, RB(c)		6.00	%		10/05/2040		19,170	19,730,322
Oregon–1.19%
Clackamas (County of), OR Hospital Facility Authority (Rose Villa);
Series 2020 A, Ref. RB		5.25	%		11/15/2050		1,000	926,040
Series 2020 A, Ref. RB		5.38	%		11/15/2055		1,000	929,307
Oregon (State of) Facilities Authority;
Series 2015 A, RB(c)		5.75	%		06/15/2046		1,740	1,744,962
Series 2016 A, RB		5.25	%		06/15/2051		2,625	2,480,309
Portland (Port of), OR;
Series 2014-22, RB(b)		5.00	%		07/01/2039		12,265	12,265,705
Series 2022, RB(b)(k)		5.00	%		07/01/2052		30,000	30,809,286
Series 2023-XF1493, RB(b)(k)		4.00	%		07/01/2042		12,385	11,762,719
Twenty Eighth Series 2022, RB(b)		4.00	%		07/01/2047		22,220	20,438,958
Twenty Seventh Series 2020 A, RB(b)		4.00	%		07/01/2050		11,680	10,604,965
Portland (Port of), OR (Portland International Airport); Series 2022 28, RB(b)		5.00	%		07/01/2052		14,900	15,301,936
Yamhill (County of), OR Hospital Authority (Friendsview);
Series 2021 A, Ref. RB		5.00	%		11/15/2046		770	627,526
Series 2021 A, Ref. RB		5.00	%		11/15/2056		2,760	2,121,478
								110,013,191
Pennsylvania–1.24%
Allegheny (County of), PA Airport Authority;
Series 2021 A, RB(b)		5.00	%		01/01/2051		1,885	1,929,689
Series 2021 A, RB(b)		5.00	%		01/01/2056		1,320	1,347,326
Allegheny (County of), PA Sanitary Authority; Series 2022, RB		5.00	%		06/01/2053		7,125	7,467,232
Allentown (City of), PA Neighborhood Improvement Zone Development Authority; Series 2023, RB(c)		6.25	%		05/01/2042		7,965	7,770,885
Allentown (City of), PA Neighborhood Improvement Zone Development Authority (615 Waterfront); Series 2021, RB(c)		6.00	%		05/01/2042		3,770	3,891,966
Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center);
Series 2018, RB(c)		5.38	%		05/01/2042		8,000	7,761,374
Series 2022, RB(c)		5.25	%		05/01/2042		3,590	3,472,003
Chester (County of), PA Industrial Development Authority (Hickman (The));
Series 2016, RB		5.25	%		01/01/2037		1,710	1,394,058
Series 2016, RB		5.50	%		01/01/2052		11,080	8,217,951
Chester (County of), PA Industrial Development Authority (Woodlands at Greystone);
Series 2018, RB(c)		5.00	%		03/01/2038		420	403,260
Series 2018, RB(c)		5.13	%		03/01/2048		846	777,866
Crawford (County of), PA Hospital Authority;
Series 2016 A, Ref. RB		6.00	%		06/01/2046		2,750	2,767,126
Series 2016 A, Ref. RB		6.00	%		06/01/2051		4,310	4,318,150
Dauphin (County of), PA Industrial Development Authority (Dauphin Construction Water Supply); Series 1992 A, RB(b)		6.90	%		06/01/2024		3,400	3,400,000
Lancaster (City of), PA; Series 2018, GO Bonds (INS - BAM)(h)		4.00	%		11/01/2040		5	4,828

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)
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)(f)		5.00	%		12/01/2032		$  1,260	$     1,034,920
Series 2017, Ref. RB (Acquired 10/25/2017; Cost $1,705,000)(f)		5.25	%		12/01/2037		1,705	1,315,214
Series 2017, Ref. RB (Acquired 10/25/2017; Cost $487,605)(f)		5.30	%		12/01/2038		500	381,484
Series 2017, Ref. RB (Acquired 10/25/2017-10/26/2017; Cost $3,128,288)(f)		5.38	%		12/01/2047		3,140	2,160,788
Northampton (County of), PA Industrial Development Authority;
Series 2013 A, RB (Acquired 04/03/2013; Cost $7,245,256)(f)(i)(o)		5.00	%		06/30/2027		8,239	1,482,958
Series 2013, RB(i)(o)		5.00	%		06/30/2027		4,538	816,871
Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges);
Series 2022, RB(b)		5.75	%		06/30/2048		12,140	13,143,195
Series 2022, RB(b)		5.25	%		06/30/2053		10,000	10,369,914
Series 2022, RB (INS - AGM)(b)(h)		5.00	%		12/31/2057		3,750	3,847,169
Series 2022, RB(b)		6.00	%		06/30/2061		9,750	10,702,826
Pennsylvania (Commonwealth of) Housing Finance Agency; Series 2018, RB (CEP - FNMA)		3.60	%		08/01/2035		12	11,354
Philadelphia (City of), PA; Series 2021, Ref. RB(b)		5.00	%		07/01/2051		5,485	5,623,440
Philadelphia (City of), PA Authority for Industrial Development;
Series 2017, Ref. RB(c)(d)(e)		5.00	%		03/15/2028		480	507,661
Series 2017, Ref. RB(c)		5.00	%		03/15/2045		7,950	6,639,748
Philadelphia (City of), PA Authority for Industrial Development (Green Woods Charter school);
Series 2022 A, Ref. RB		5.25	%		06/15/2052		1,000	960,317
Series 2022 A, Ref. RB		5.38	%		06/15/2057		1,000	961,920
								114,883,493
Puerto Rico–6.71%
Children’s Trust Fund;
Series 2002, RB		5.50	%		05/15/2039		33,150	33,321,346
Series 2002, RB		5.63	%		05/15/2043		108,400	109,684,464
Series 2005 A, RB(l)		0.00	%		05/15/2050		28,000	5,088,913
Series 2005 B, RB(l)		0.00	%		05/15/2055		127,450	14,064,910
Corp. Para El Financiamiento Publico de Puerto Rico; Series 2011, RB(i)		5.50	%		08/01/2031		49,020	1
GDB Debt Recovery Authority of Puerto Rico; Series 2023, RB		7.50	%		08/20/2040		1,699	1,588,645
HTA Trust; Series 2022 L, RB		5.25	%		07/01/2038		17	17,058
PRHTA Custodial Trust; Series 2023, RB(g)		5.75	%		12/06/2049		142	50,910
Puerto Rico (Commonwealth of);
Series 2021 A, GO Bonds(l)		0.00	%		07/01/2024		2,371	2,362,072
Series 2021 A, GO Bonds(l)		0.00	%		07/01/2033		18,710	12,425,728
Series 2021 A-1, GO Bonds		5.63	%		07/01/2027		16,045	16,778,575
Series 2021 A-1, GO Bonds		5.63	%		07/01/2029		15,785	16,990,201
Series 2021 A-1, GO Bonds		5.75	%		07/01/2031		35,332	39,385,663
Series 2021 A-1, GO Bonds		4.00	%		07/01/2033		0	52
Series 2021 A-1, GO Bonds		4.00	%		07/01/2035		0	268
Series 2021 A-1, GO Bonds		4.00	%		07/01/2037		16,216	15,732,808
Series 2021 A-1, GO Bonds		4.00	%		07/01/2041		59,950	55,724,642
Series 2021 A-1, GO Bonds		4.00	%		07/01/2046		15,859	14,343,707
Subseries 2022, RN(l)		0.00	%		11/01/2043		71,348	44,324,918
Subseries 2022, RN(l)		0.00	%		11/01/2051		5,379	2,783,689
Subseries 2022, RN(l)		0.00	%		11/01/2051		350	220,805
Subseries 2022, RN(l)		0.00	%		11/01/2051		41,639	12,127,451
Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority;
Series 2021 B, RB(c)		5.00	%		07/01/2033		5,000	5,271,986
Series 2022 A, Ref. RB(c)		4.00	%		07/01/2047		3,230	2,880,013

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) Electric Power Authority;
Series 2007 TT, RB(g)		5.00	%		07/01/2024		$     15	$         3,975
Series 2007 TT, RB(g)		5.00	%		07/01/2026		895	237,175
Series 2007 TT, RB(g)		5.00	%		07/01/2027		1,990	527,350
Series 2007 TT, RB(g)		5.00	%		07/01/2032		3,680	975,200
Series 2007 UU, Ref. RB (INS - AGC)(h)		5.00	%		07/01/2026		7,905	7,904,478
Series 2007 VV, Ref. RB (INS - NATL)(h)		5.25	%		07/01/2026		175	173,450
Series 2007 VV, Ref. RB (INS - NATL)(h)		5.25	%		07/01/2033		22,000	21,740,499
Series 2007 VV, Ref. RB (INS - NATL)(h)		5.25	%		07/01/2035		465	456,752
Series 2008 WW, RB(g)		5.38	%		07/01/2024		390	103,350
Series 2008 WW, RB(g)		5.25	%		07/01/2033		415	109,975
Series 2008 WW, RB(g)		5.50	%		07/01/2038		605	160,325
Series 2010 AAA, RB(g)		5.25	%		07/01/2026		4,570	1,211,050
Series 2010 AAA, RB(g)		5.25	%		07/01/2028		2,600	689,000
Series 2010 AAA, RB(g)		5.25	%		07/01/2029		445	117,925
Series 2010 AAA, RB(g)		5.25	%		07/01/2030		95	25,175
Series 2010 CCC, RB(g)		5.00	%		07/01/2024		35	9,275
Series 2010 CCC, RB(g)		5.00	%		07/01/2027		285	75,525
Series 2010 CCC, RB(g)		5.00	%		07/01/2028		540	143,100
Series 2010 XX, RB(g)		5.25	%		07/01/2026		10	2,650
Series 2010 XX, RB(g)		5.25	%		07/01/2027		845	223,925
Series 2010 XX, RB(g)		5.25	%		07/01/2035		2,660	704,900
Series 2010 XX, RB(g)		5.75	%		07/01/2036		18,575	4,922,375
Series 2010 XX, RB(g)		5.25	%		07/01/2040		28,430	7,533,950
Series 2010 ZZ, Ref. RB(g)		5.00	%		07/01/2024		215	56,975
Series 2010 ZZ, Ref. RB(g)		4.63	%		07/01/2025		190	50,350
Series 2010 ZZ, Ref. RB(g)		5.25	%		07/01/2025		275	72,875
Series 2010 ZZ, Ref. RB(g)		5.00	%		07/01/2026		10	2,650
Series 2010 ZZ, Ref. RB(g)		5.25	%		07/01/2026		1,135	300,775
Series 2012 A, RB(g)		5.00	%		07/01/2029		3,100	821,500
Series 2012 A, RB(g)		5.05	%		07/01/2042		11,925	3,160,125
Series 2013 A, RB(g)		7.25	%		07/01/2030		160	42,400
Series 2013 A, RB(g)		7.00	%		07/01/2040		480	127,200
Series 2013 A, RB(g)		7.00	%		07/01/2043		9,080	2,406,200
Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico);
Series 2023 A, RB		6.63	%		01/01/2027		457	449,593
Series 2023 A, RB		6.63	%		01/01/2028		3,483	3,421,890
Puerto Rico Sales Tax Financing Corp.;
Series 2018 A-1, RB(l)		0.00	%		07/01/2029		11	9,095
Series 2018 A-1, RB		4.50	%		07/01/2034		11	11,024
Series 2018 A-1, RB		4.55	%		07/01/2040		3,337	3,360,842
Series 2018 A-1, RB(l)		0.00	%		07/01/2046		157,376	50,407,974
Series 2018 A-1, RB(l)		0.00	%		07/01/2051		103,344	24,579,048
Series 2018 A-1, RB		4.75	%		07/01/2053		38,976	38,731,258
Series 2018 A-1, RB		5.00	%		07/01/2058		10,000	10,003,243
Series 2019 A-2, RB		4.54	%		07/01/2053		4,576	4,394,452
Series 2019 A-2, RB		4.78	%		07/01/2058		14,781	14,650,258
Series 2019 A-2B, RB		4.55	%		07/01/2040		5,542	5,581,596
University of Puerto Rico;
Series 2006 P, Ref. RB		5.00	%		06/01/2030		5,260	5,088,089
Series 2006 Q, RB		5.00	%		06/01/2036		1,025	975,241
								621,924,857
Rhode Island–0.19%
Central Falls Detention Facility Corp.; Series 2005, Ref. RB (Acquired 06/23/2005; Cost $43,767,323)(f)(g)		7.25	%		07/15/2035		44,240	17,696,000

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
South Carolina–2.00%
Lancaster (County of), SC School District; Series 2017, GO Bonds		4.00	%		03/01/2036		$ 12,555	$    12,606,552
Patriots Energy Group Financing Agency; Series 2023 A-1, RB(e)		5.25	%		08/01/2031		103,080	109,050,961
South Carolina (State of) Jobs-Economic Development Authority (Green Bonds);
Series 2019 A, RB(b)(c)		7.00	%		05/01/2039		5,000	4,274,638
Series 2021, RB(b)(c)		6.00	%		06/01/2031		1,000	786,780
Series 2021, RB(b)(c)		6.25	%		06/01/2040		1,000	642,289
Series 2021, RB(b)(c)		6.50	%		06/01/2051		2,750	1,602,776
South Carolina (State of) Jobs-Economic Development Authority (Prisma Health Obligated Group); Series 2018 A, Ref. RB		5.00	%		05/01/2048		8,545	8,569,907
South Carolina (State of) Jobs-Economic Development Authority (Seafields at Kiawah Island);
Series 2023, RB		5.75	%		11/15/2029		10,000	9,843,916
Series 2023, RB		7.50	%		11/15/2053		18,625	19,416,657
Series 2023, RB		7.75	%		11/15/2058		12,000	12,496,168
South Carolina (State of) Public Service Authority; Series 2016 B, Ref. RB		5.00	%		12/01/2046		6,250	6,285,579
								185,576,223
South Dakota–0.05%
South Dakota (State of) Health & Educational Facilities Authority (Sanford Obligated Group); Series 2015, Ref. RB		5.00	%		11/01/2045		5,000	5,038,745
Tennessee–0.68%
Chattanooga (City of), TN Health, Educational & Housing Facility Board (CommonSpirit Health);
Series 2019 A-1, Ref. RB		4.00	%		08/01/2038		775	737,921
Series 2019 A-1, Ref. RB		4.00	%		08/01/2044		1,545	1,450,080
Knox (County of), TN Health, Educational & Housing Facility Board (University of Tennessee);
Series 2024 B-1, RB (INS - BAM)(h)		5.13	%		07/01/2054		2,500	2,601,740
Series 2024 B-1, RB (INS - BAM)(h)		5.25	%		07/01/2064		2,550	2,644,636
Knox County Industrial Development Board (Green Bonds) (Tompaul Knoxville, LLC Recycling); Series 2022, RB(b)(c)		9.50	%		11/01/2052		10,000	10,108,074
Memphis (City of), TN; Series 2018, GO Bonds		4.00	%		06/01/2047		10,765	10,333,948
Metropolitan Development and Housing Agency (Fifth + Broadway Development); Series 2018, RB(c)		5.13	%		06/01/2036		600	603,146
Metropolitan Nashville Airport Authority (The); Series 2019 B, RB(b)		5.00	%		07/01/2049		10,000	10,222,580
Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor);
Series 2013 A, Ref. RB		5.50	%		09/01/2047		9,000	7,118,826
Series 2013 B, Ref. RB(g)		8.00	%		09/01/2044		6,350	317,500
Tennessee Energy Acquisition Corp.; Series 2021 A, RB(e)		5.00	%		11/01/2031		15,865	16,638,877
								62,777,328
Texas–12.57%
Aldine Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2049		4,470	4,246,896
Anna (City of), TX; Series 2023, RB(c)		7.38	%		09/15/2052		2,500	2,590,226
Argyle (Town of), TX (The Highlands of Argyle Public Improvement District No. 1);
Series 2017, RB		5.00	%		09/01/2037		890	880,056
Series 2017, RB		5.25	%		09/01/2047		1,475	1,420,529
Arlington Higher Education Finance Corp. (Cypress Christian School); Series 2024, RB(c)		6.25	%		06/01/2063		9,155	9,383,802
Arlington Higher Education Finance Corp. (UME Preparatory Academy); Series 2017 A, RB		5.00	%		08/15/2053		785	724,999
Arlington Higher Education Finance Corp. (Winfree Academy Charter School); Series 2019, Ref. RB		5.75	%		08/15/2043		4,345	4,360,047
Aubrey (City of), TX (Aubrey Public Improvement District No. 1);
Series 2023, RB(c)		5.88	%		09/01/2043		1,030	1,031,923
Series 2023, RB(c)		6.00	%		09/01/2053		1,600	1,604,645
Aubrey Independent School District;
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2047		20,500	19,431,702
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2052		23,000	21,662,405
Austin (City of), TX; Series 2022, RB(b)		5.00	%		11/15/2043		3,450	3,604,372
Birdville Independent School District; Series 2023, GO Bonds		4.00	%		02/15/2048		15,000	13,772,697
Brazoria County Industrial Development Corp. (Aleon Renewable); Series 2022, RB(b)(c)(e)		10.00	%		06/01/2025		6,000	5,926,178
Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC); Series 2019, RB(b)		7.00	%		03/01/2039		19,875	18,427,416

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)
Cambridge Student Housing Financing Co. L.P.;
Series 2004 C, Revenue Ctfs.(g)		9.70	%		11/01/2039		$  4,502	$           900
Series 2004 D, Revenue Ctfs.(g)(l)		0.00	%		11/01/2039		3,659	7,318
Carrollton-Farmers Branch Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		36,940	34,721,760
Celina (City of), TX;
Series 2015, RB		6.25	%		09/01/2045		1,685	1,687,404
Series 2015, RB		7.25	%		09/01/2045		920	936,384
Series 2015, RB		7.50	%		09/01/2045		3,695	3,705,333
Celina (City of), TX (Cross Creek Meadows Public Improvement District Improvement Area #1);
Series 2023, RB(c)		5.38	%		09/01/2043		1,615	1,588,957
Series 2023, RB(c)		5.50	%		09/01/2053		2,305	2,252,936
Celina (City of), TX (Mosaic Public Improvement District Phase #1);
Series 2023, RB(c)		5.13	%		09/01/2043		1,200	1,142,606
Series 2023, RB(c)		5.50	%		09/01/2053		1,825	1,771,093
Celina (City of), TX (Ten Mile Creek Public Improvement District Improvement Area #1);
Series 2023, RB(c)		4.75	%		09/01/2030		325	319,689
Series 2023, RB(c)		5.50	%		09/01/2042		875	868,971
Series 2023, RB(c)		5.75	%		09/01/2052		1,500	1,500,868
Celina (City of), TX (Ten Mile Creek Public Improvement District Major Improvement Area);
Series 2023, RB(c)		5.50	%		09/01/2030		250	246,003
Series 2023, RB(c)		6.25	%		09/01/2042		800	794,765
Series 2023, RB(c)		6.50	%		09/01/2052		1,300	1,300,688
Centerville Independent School District;
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.25	%		08/15/2048		800	788,981
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.25	%		08/15/2053		1,000	969,421
Central Texas Regional Mobility Authority; Series 2020 E, RB		4.00	%		01/01/2050		10,000	9,302,047
Chapel Hill Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		3,000	2,791,997
Cleveland Independent School District; Series 2020 A, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2052		5,855	5,517,077
Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB		6.00	%		08/15/2038		5,000	5,101,451
Conroe Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2049		20,000	18,914,634
Crandall (City of), TX;
Series 2021, RB(c)		4.75	%		09/15/2031		100	95,334
Series 2021, RB(c)		4.25	%		09/15/2041		250	217,795
Series 2021, RB(c)		5.00	%		09/15/2041		500	472,529
Series 2021, RB(c)		4.50	%		09/15/2051		1,500	1,279,257
Series 2021, RB(c)		5.25	%		09/15/2051		500	472,094
Crandall Independent School District;
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		08/15/2048		1,315	1,399,380
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		08/15/2053		1,600	1,690,291
Crowley Independent School District;
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.25	%		02/01/2053		10,000	9,696,272
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		5.25	%		02/01/2053		7,500	8,164,114
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport); Series 2022 B, Ref. RB		4.00	%		11/01/2045		15,000	14,494,665
Denton Independent School District;
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)(k)		5.00	%		08/15/2048		14,000	15,002,553
Series 2023, GO Bonds (CEP - Texas Permanent School Fund)(k)		5.00	%		08/15/2053		26,000	27,584,194
DeSoto (City of), TX (Danieldale Homestead); Series 2023, RB(c)		5.50	%		09/15/2050		1,500	1,433,266
Edinburg Economic Development Corp.; Series 2019, RB(c)		5.00	%		08/15/2044		1,645	1,464,342
El Paso (City of), TX; Series 2021 B, GO Bonds		4.00	%		08/15/2047		6,000	5,555,390
Forney Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2053		10,000	9,287,258
Fort Worth (City of), TX; Series 2023, RB		4.25	%		02/15/2053		4,585	4,445,035
Fort Worth Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		02/15/2049		5,000	5,325,690

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)
Galveston (City of), TX;
Series 2014, RB		5.63	%		09/01/2028		$    835	$       710,560
Series 2014, RB		6.00	%		09/01/2038		2,770	1,917,729
Series 2014, RB		6.13	%		09/01/2044		2,690	1,785,066
Grand Parkway Transportation Corp. (TELA Supported); Series 2018 A, RB		5.00	%		10/01/2048		32,525	33,367,641
Gulf Coast Industrial Development Authority; Series 1998, RB(b)		8.00	%		04/01/2028		20	20,020
Harris (County of), TX Toll Road Authority (The); Series 2021, Ref. RB		4.00	%		08/15/2045		18,050	17,408,420
Hays (County of), TX (La Cima Public Improvement District);
Series 2022, RB(c)		5.50	%		09/15/2042		2,000	1,985,686
Series 2022, RB(c)		5.75	%		09/15/2052		3,550	3,539,228
Highway 380 Municipal Management District No. 1; Series 2022, GO Bonds (INS - BAM)(h)		4.00	%		05/01/2044		2,355	2,161,962
Hitchcock Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		7,250	6,864,471
Houston (City of), TX;
Series 2020 C, Ref. RB		4.00	%		11/15/2049		3,500	3,237,717
Series 2021 A, RB(b)		4.00	%		07/01/2048		5	4,533
Houston (City of), TX Airport System (United Airlines, Inc. Terminal E);
Series 2014, Ref. RB(b)		5.00	%		07/01/2029		1,000	1,000,092
Series 2020 A, Ref. RB(b)		5.00	%		07/01/2027		1,250	1,267,373
Houston (City of), TX Airport System (United Airlines, Inc.);
Series 2018, RB(b)		5.00	%		07/15/2028		8,250	8,409,863
Series 2020 B-2, Ref. RB(b)		5.00	%		07/15/2027		1,750	1,774,587
Series 2021 B-1, RB(b)		4.00	%		07/15/2041		15,000	14,094,783
Humble Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)(k)		4.00	%		02/15/2052		20,500	19,307,880
Hurst-Euless-Bedford Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2050		25,000	23,624,937
Hutto Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		08/01/2053		6,000	6,350,295
Judson Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/01/2053		7,950	7,473,974
Krum Independent School District; Series 2022, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2052		2,500	2,350,894
Lamar Consolidated Independent School District;
Series 2023 A, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		20,000	18,908,188
Series 2023 A, GO Bonds (CEP - Texas Permanent School Fund)(k)		5.00	%		02/15/2058		16,550	17,467,797
Series 2023, GO Bonds(k)		4.00	%		02/15/2048		37,500	35,734,637
Series 2023, GO Bonds(k)		4.00	%		02/15/2053		35,000	32,627,352
Lewisville (City of), TX; Series 2023 A, RB(c)		8.00	%		09/01/2053		1,625	1,678,383
Little Elm (Town of), TX; Series 2022, RB(c)		6.88	%		09/01/2052		2,700	2,799,978
Maypearl Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		5.00	%		02/15/2048		2,000	2,120,116
Mclendon-Chisholm (City of), TX (Sonoma Public Improvement); Series 2022, RB(c)		5.75	%		09/15/2052		2,500	2,408,178
Midland Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2054		21,815	20,101,316
Midlothian (City of), TX (Westside Preserve Public Improvement District);
Series 2022, RB(c)		5.25	%		09/15/2042		1,500	1,421,858
Series 2022, RB(c)		5.38	%		09/15/2052		2,500	2,379,181
Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB(b)(c)		4.63	%		10/01/2031		25,000	24,852,785
Montgomery Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		8,500	8,002,837
New Hope Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community);
Series 2021 A-1, RB		7.50	%		11/15/2037		150	114,337
Series 2021 A-2, RB		7.50	%		11/15/2036		2,100	1,721,546
Series 2021, RB		2.00	%		11/15/2061		4,001	1,488,167
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	%		07/01/2046		1,750	1,198,750
Series 2016, RB		5.00	%		07/01/2051		1,750	1,198,750

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Texas–(continued)
New Hope Cultural Education Facilities Finance Corp. (CHF - Collegiate Housing Denton, LLC - Texas Woman’s University);
Series 2018 A-1, RB (INS - AGM)(h)		5.00	%		07/01/2038		$    500	$       508,063
Series 2018 A-1, RB (INS - AGM)(h)		5.00	%		07/01/2048		1,750	1,744,845
Series 2018 A-1, RB (INS - AGM)(h)		5.00	%		07/01/2058		2,400	2,353,472
New Hope Cultural Education Facilities Finance Corp. (Cumberland Academy);
Series 2020 A, RB(c)		5.00	%		08/15/2040		2,390	2,368,881
Series 2020 A, RB(c)		5.00	%		08/15/2050		2,220	2,102,039
New Hope Cultural Education Facilities Finance Corp. (Legacy Midtown Park); Series 2018 A, RB		5.50	%		07/01/2054		8,275	5,990,433
New Hope Cultural Education Facilities Finance Corp. (Legacy Preparatory Charter Academy);
Series 2018 A, RB(c)		6.00	%		08/15/2037		1,000	1,015,769
Series 2018 A, RB(c)		6.00	%		08/15/2047		13,435	13,508,647
New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford);
Series 2016 A, RB		5.38	%		11/15/2036		400	355,703
Series 2016 A, RB		5.50	%		11/15/2046		650	535,967
Series 2016 A, RB		5.50	%		11/15/2052		3,425	2,727,714
New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The));
Series 2022 A, RB		6.63	%		10/01/2043		24,685	24,065,888
Series 2022 A, RB		6.75	%		10/01/2052		9,910	9,338,719
Series 2022 A, RB		6.88	%		10/01/2057		16,160	15,303,177
New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North);
Series 2018, Ref. RB		5.25	%		10/01/2049		3,700	3,186,147
Series 2020, RB		5.25	%		10/01/2055		12,390	10,370,369
New Hope Cultural Education Facilities Finance Corp. (Wesleyan Homes, Inc.); Series 2014, RB		5.50	%		01/01/2049		1,300	1,067,467
North Central Texas Housing Finance Corp. (Village of Kaufman Apartments); Series 2012, RB(e)		6.15	%		01/01/2029		1,445	1,446,027
North Parkway Municipal Management District No. 1;
Series 2021, RB(c)		4.00	%		09/15/2041		500	434,907
Series 2021, RB(c)		4.25	%		09/15/2051		1,000	838,853
North Parkway Municipal Management District No. 1 (Major Improvements);
Series 2021, RB(c)		4.75	%		09/15/2041		2,000	1,888,086
Series 2021, RB(c)		5.00	%		09/15/2051		3,500	3,285,352
Pflugerville (City of), TX; Series 2023, Ctfs. of Obligation		5.00	%		08/01/2053		13,285	13,941,832
Pilot Point (City of), TX (Creekview Public Improvement District Zone A);
Series 2022, RB(c)		5.75	%		09/15/2032		340	336,265
Series 2022, RB(c)		5.50	%		09/15/2042		800	779,945
Series 2022, RB(c)		5.63	%		09/15/2052		1,450	1,420,480
Series 2022, RB(c)		6.13	%		09/15/2052		2,070	2,090,343
Pilot Point (City of), TX (Creekview Public Improvement District Zone B);
Series 2022, RB(c)		5.50	%		09/15/2042		750	731,199
Series 2022, RB(c)		5.63	%		09/15/2052		1,300	1,273,534
Pilot Point (City of), TX (Mobberly Public Area No. 2);
Series 2022, RB(c)		5.38	%		09/15/2027		350	346,747
Series 2022, RB(c)		5.63	%		09/15/2032		400	400,547
Series 2022, RB(c)		6.00	%		09/15/2052		4,000	4,032,998
Pilot Point (City of), TX (Mobberly Public Improvement District);
Series 2022, RB(c)		5.50	%		09/15/2048		2,000	1,966,524
Series 2022, RB(c)		6.50	%		09/15/2052		1,484	1,507,413
Plano (City of), TX;
Series 2023, RB(c)		8.25	%		09/15/2043		1,765	1,830,238
Series 2023, RB(c)		7.50	%		09/15/2053		1,400	1,459,697
Series 2023, RB(c)		8.50	%		09/15/2053		3,050	3,174,517
Port Beaumont Navigation District (Jefferson Gulf Coast Energy);
Series 2024, RB(b)(c)		5.00	%		01/01/2039		1,000	1,000,000
Series 2024, RB(b)(c)		5.13	%		01/01/2044		2,000	2,000,000
Pottsboro Higher Education Finance Corp. (Imagine International Academy of North Texas LLC);
Series 2016 A, RB		5.00	%		08/15/2036		655	638,606
Series 2016 A, RB		5.00	%		08/15/2046		1,000	919,452

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)
Princeton (City of), TX;
Series 2023, RB(c)		7.00	%		09/01/2043		$  2,500	$     2,504,470
Series 2023, RB(c)		7.00	%		09/01/2053		3,000	2,978,060
Series 2023, RB(c)		7.88	%		09/01/2053		1,935	1,946,824
Princeton (City of), TX (Eastridge Public Improvement District);
Series 2022, RB(c)		5.13	%		09/01/2042		845	804,075
Series 2022, RB(c)		5.25	%		09/01/2052		1,375	1,277,538
Princeton Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)(k)		4.25	%		02/15/2053		25,065	24,419,113
Red River Education Finance Corp. (Houston Baptist University); Series 2017, Ref. RB		5.50	%		10/01/2046		23,170	23,170,480
Red River Health Facilities Development Corp. (MRC Crossing); Series 2014 A, RB(d)(e)		8.00	%		11/15/2024		3,000	3,051,232
Rockdale Special Assessment; Series 2023, RB(c)		7.50	%		09/15/2054		3,722	3,821,223
Rockwall Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		10,000	9,399,502
Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area); Series 2016, RB		6.00	%		09/15/2046		450	446,300
Sabine Neches Housing Finance Corp. (Fox Run Apartments); Series 2012, RB(e)		6.15	%		01/01/2029		1,645	1,645,359
San Antonio (City of), TX; Series 2023, RB(k)		4.00	%		05/15/2051		20,000	18,613,969
Sanger Industrial Development Corp. (Texas Pellets); Series 2012 C, RB (Acquired 08/31/2012; Cost $26,820,000)(b)(f)(g)		7.50	%		07/01/2038		26,820	2,682
sherman (City of), TX; Series 2023, Ctfs. of Obligation		5.00	%		08/15/2048		10,000	10,550,975
Spring Branch Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/01/2048		8,000	7,576,171
Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana);
Series 2017, RB		6.75	%		11/15/2047		3,500	3,609,833
Series 2017, RB		6.75	%		11/15/2052		2,100	2,157,868
Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home);
Series 2017 A, RB (Acquired 06/12/2020; Cost $4,646,513)(f)(g)		6.38	%		02/15/2048		5,710	3,140,500
Series 2017 A, RB (Acquired 06/12/2020; Cost $2,441,250)(f)(g)		6.38	%		02/15/2052		3,000	1,650,000
Series 2017, RB (Acquired 06/12/2020; Cost $1,688,531)(f)(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	484,959
Series 2020, Ref. RB		6.63	%		11/15/2041		2,000	1,882,882
Series 2020, Ref. RB		6.75	%		11/15/2051		6,000	5,453,443
Series 2020, Ref. RB		6.88	%		11/15/2055		3,555	3,252,072
Texas (State of); Series 2023 A, GO Bonds(b)		4.13	%		08/01/2044		6,205	5,889,082
Texas (State of) Transportation Commission (Central Texas Turnpike System); Series 2015 C, Ref. RB		5.00	%		08/15/2042		18,825	18,844,708
Texas (State of) Water Development Board;
Series 2018 B, RB		4.00	%		10/15/2043		5,000	4,866,529
Series 2018, RB(k)		5.00	%		10/15/2053		13,515	13,936,025
Series 2019 A, RB		4.00	%		10/15/2044		2,500	2,424,352
Series 2019 A, RB		4.00	%		10/15/2049		12,500	11,915,015
Series 2021, RB(k)		4.00	%		10/15/2056		15,000	13,610,961
Series 2023 A, RB		5.00	%		10/15/2058		7,000	7,379,338
Texas City Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2048		2,500	2,365,360
Texas State Technical College;
Series 2022, RB (INS - AGM)(h)(k)		5.50	%		08/01/2042		12,500	13,968,906
Series 2022, RB (INS - AGM)(h)(k)		6.00	%		08/01/2054		6,000	6,730,231
Texas State University Board of Regents; Series 2024, Ref. RB		4.00	%		03/15/2049		4,600	4,291,029
Vintage Township Public Facilities Corp.; Series 2008 A, RB		7.38	%		10/01/2038		1,848	1,850,020
Waller Consolidated Independent School District;
Series 2023 A, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2048		22,800	21,587,578
Series 2023 A, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		02/15/2053		39,435	36,883,236
Waxahachie (City of), TX; Series 2015, RB		6.00	%		08/15/2045		6,000	5,999,227

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)
Williamson (County of), TX Municipal Utility District No. 28;
Series 2022, GO Bonds (INS - AGM)(h)		4.25	%		10/01/2044		$  1,360	$     1,354,767
Series 2022, GO Bonds (INS - AGM)(h)		4.25	%		10/01/2047		1,540	1,499,199
Series 2022, GO Bonds (INS - AGM)(h)		4.38	%		10/01/2048		1,805	1,777,609
Series 2022, GO Bonds (INS - AGM)(h)		4.50	%		10/01/2050		1,510	1,501,628
Wylie Independent School District; Series 2024, GO Bonds (CEP - Texas Permanent School Fund)		5.25	%		08/15/2054		30,000	32,427,408
Ysleta Independent School District;
Series 2020, GO Bonds (CEP - Texas Permanent School Fund)		4.00	%		08/15/2050		8,700	8,260,627
Series 2022, GO Bonds (CEP - Texas Permanent School Fund)(k)		5.00	%		08/15/2056		17,340	18,173,089
								1,165,303,818
Utah–1.60%
Auto Mall & Retail Public Infrastructure District; Series 2023 A, GO Bonds(c)(j)		8.25	%		03/01/2053		18,700	15,063,804
Black Desert Public Infrastructure District;
Series 2021 B, GO Bonds(c)		7.38	%		09/15/2051		5,500	4,673,874
Series 2024, RB(c)		5.63	%		12/01/2053		10,000	10,194,952
Downtown East Streetcar Sewer Public Infrastructure District;
Series 2022 A, GO Bonds(c)		6.00	%		03/01/2053		6,500	6,172,673
Series 2022 B, GO Bonds(c)		9.00	%		03/15/2053		1,239	1,192,465
Firefly Public Infrastructure District No. 1; Series 2024 A-1, GO Bonds(c)		6.63	%		03/01/2054		2,370	2,403,065
Firefly Public Infrastructure District No. 1 (Firefly Assessment Area No. 1); Series 2024, RB(c)		5.63	%		12/01/2043		7,000	7,082,373
Gateway at Sand Hollow Public Infrastructure District No. 1; Series 2021 A, GO Bonds(c)		5.50	%		03/01/2051		11,500	8,770,414
Hideout (Town of), UT Local District No. 1;
Series 2014, RB		7.75	%		08/01/2024		40	39,978
Series 2014, RB		8.25	%		08/01/2034		610	596,770
Olympia Public Infrastructure District No. 1; Series 2024 A-1, GO Bonds(c)		6.38	%		03/01/2055		1,485	1,491,762
Pine View Public Infrastructure District No. 1; Series 2021 A, GO Bonds(c)		6.00	%		03/01/2051		13,815	10,876,210
Red Bridge Public Infrastructure District No. 1;
Series 2021 A, GO Bonds(c)		4.38	%		02/01/2051		1,000	704,672
Series 2021 B, GO Bonds(c)		7.38	%		08/15/2051		600	472,969
Salt Lake City (City of), UT;
Series 2017 A, RB(b)		5.00	%		07/01/2047		5,000	5,011,770
Series 2018 A, RB(b)		5.00	%		07/01/2048		10,385	10,445,909
Series 2018 A, RB(b)		5.25	%		07/01/2048		11,035	11,257,939
Series 2021 A, RB (INS - AGM)(b)(h)		4.00	%		07/01/2051		10,420	9,415,584
Utah (State of) Charter School Finance Authority (Endeavour Hall);
Series 2012, RB		6.00	%		07/15/2032		1,475	1,475,201
Series 2012, RB		6.25	%		07/15/2042		3,870	3,870,090
Utah (State of) Charter School Finance Authority (Esperanza Elementary School);
Series 2018 A, RB(c)		5.00	%		10/15/2038		2,330	2,242,960
Series 2018 A, RB(c)		5.25	%		10/15/2048		2,205	2,081,967
Utah (State of) Charter School Finance Authority (Leadership Learning Academy); Series 2019 A, RB(c)		5.00	%		06/15/2050		2,000	1,818,754
Utah (State of) Charter School Finance Authority (Merit Preparatory Academy); Series 2019 A, RB(c)		5.38	%		06/15/2049		3,645	3,373,835
Utah (State of) Charter School Finance Authority (Reagan Academy); Series 2016 A, Ref. RB(c)		5.00	%		02/15/2046		855	797,045
Utah (State of) Charter School Finance Authority (The Freedom Academy Foundation);
Series 2017, Ref. RB(c)		5.25	%		06/15/2037		4,810	4,634,604
Series 2017, Ref. RB(c)		5.38	%		06/15/2048		11,415	10,329,426
Utah Housing Corp.; Series 2024 A, RB (CEP - GNMA)		5.00	%		01/01/2054		3,355	3,383,565
Wohali Public Infrastructure District No. 1 (Wohali Assessment Area #1); Series 2023, RB(c)		7.00	%		12/01/2042		8,630	8,503,904
								148,378,534
Vermont–0.06%
East Central Vermont Telecommunications District;
Series 2018 A, RB(c)		5.75	%		12/01/2036		1,450	1,414,048
Series 2018 A, RB(c)		5.60	%		12/01/2043		960	859,338
Series 2019 A, RB(c)		5.00	%		12/01/2048		4,330	3,390,015
								5,663,401

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Virgin Islands–0.12%
Tobacco Settlement Financing Corp.; Series 2006 A, RB(l)		0.00	%		05/15/2035		$ 21,310	$    10,865,255
Virginia–0.84%
Atlantic Park Community Development Authority; Series 2023, RB(c)		6.25	%		08/01/2045		16,865	15,854,535
Celebrate North Community Development Authority (Celebrate VA North); Series 2003 B, RB(g)(i)		6.75	%		03/01/2034		1,289	812,070
Lewistown (City of), VA Commerce Center Community Development Authority;
Series 2014 A, RB		6.05	%		03/01/2044		906	684,588
Series 2014 B, RB		6.05	%		03/01/2044		2,542	2,183,924
Series 2014 C, RB(g)		6.05	%		03/01/2054		2,183	982,356
Norfolk (City of), VA Redevelopment & Housing Authority (Fort Norfolk Retirement Community, Inc. - Harbor’s Edge);
Series 2019 A, RB		5.25	%		01/01/2054		20,650	17,904,886
Series 2019, RB		4.00	%		01/01/2029		1,100	1,047,230
Peninsula Town Center Community Development Authority; Series 2018, Ref. RB(c)		5.00	%		09/01/2045		1,000	917,845
Richmond (City of), VA Redevelopment & Housing Authority; Series 2017, RB(c)		5.55	%		01/01/2037		2,080	1,994,511
Roanoke (County of), VA Economic Development Authority;
Series 2019 A, Ref. RB (Acquired 04/11/2019; Cost $8,305,222)(f)(g)		5.25	%		09/01/2049		8,495	7,917,158
Series 2019 A, Ref. RB (Acquired 04/11/2019; Cost $4,525,146)(f)(g)		5.38	%		09/01/2054		4,615	4,301,081
Tobacco Settlement Financing Corp.; Series 2007 B-1, RB		5.00	%		06/01/2047		1,515	1,398,258
Virginia (Commonwealth of) Small Business Financing Authority (Covanta); Series 2018, RB(b)(c)(e)		5.00	%		07/01/2038		4,690	4,592,404
Virginia Beach Development Authority (Westminster-Canterbury on Chesapeake Bay);
Series 2023, RB		7.00	%		09/01/2053		7,000	7,804,199
Series 2023, RB		7.00	%		09/01/2059		8,500	9,442,716
								77,837,761
Washington–1.24%
Kalispel Tribe of Indians;
Series 2018 A, RB(c)		5.25	%		01/01/2038		3,000	3,098,496
Series 2018 B, RB(c)		5.00	%		01/01/2032		500	515,178
Series 2018 B, RB(c)		5.25	%		01/01/2038		1,000	1,032,832
Kelso (City of), WA Housing Authority (Chinook & Columbia Apartments); Series 1998, RB		5.60	%		03/01/2028		90	89,998
Kitsap (County of), WA Consolidated Housing Authority; Series 2001 A, RB(b)		6.10	%		10/01/2031		40	39,144
Port of Seattle Industrial Development Corp. (Delta Airlines); Series 2012, Ref. RB(b)		5.00	%		04/01/2030		2,125	2,125,325
Seattle (Port of), WA;
Series 2015 A, RB		5.00	%		04/01/2040		5,000	5,005,047
Series 2021 C, Ref. RB(b)		5.00	%		08/01/2046		17,490	18,060,497
Series 2022 B, Ref. RB(b)		4.00	%		08/01/2047		3,000	2,677,921
Series 2022 B, Ref. RB(b)		5.00	%		08/01/2047		8,195	8,448,747
Series 2022, RB(b)(k)		5.00	%		04/01/2044		25,295	25,767,058
Tacoma (City of), WA Consolidated Local Improvement Districts; Series 2013, RB		5.75	%		04/01/2043		1,664	1,583,505
Washington (State of) (Bid Group 3); Series 2022 A-3, GO Bonds		5.00	%		08/01/2045		1,945	2,095,118
Washington (State of) Economic Development Finance Authority (Columbia Pulp I, LLC); Series 2017 A, RB (Acquired 07/25/2017-06/21/2019; Cost $26,279,409)(b)(c)(f)(g)		7.50	%		01/01/2032		26,355	2,635
Washington (State of) Economic Development Finance Authority (Green Bonds); Series 2020 A, RB(b)(c)		5.63	%		12/01/2040		8,000	7,936,358
Washington (State of) Economic Development Finance Authority (North Pacific Paper); Series 2020 B, Ref. RB(c)		9.00	%		12/01/2036		15,380	15,665,224
Washington (State of) Housing Finance Commission (Heron’s Key Senior Living);
Series 2015 A, RB(c)(d)(e)		7.00	%		07/01/2025		1,000	1,029,040
Series 2015 A, RB(c)(d)(e)		7.00	%		07/01/2025		1,700	1,749,368
Washington (State of) Housing Finance Commission (Presbyterian Retirement Co.); Series 2016 A, Ref. RB(c)		5.00	%		01/01/2046		7,500	6,092,302
Washington (State of) Housing Finance Commission (Social Certificates); Series 2021-1A, Revenue Ctfs.		3.50	%		12/20/2035		11,082	9,828,509
Washington (State of) Housing Finance Commission (Transforming Age); Series 2019 A, RB(c)		5.00	%		01/01/2055		3,265	2,485,401
								115,327,703
West Virginia–1.12%
Harrison (County of), WV Commission (Charles Pointe No. 2); Series 2013, Ref. RB(c)(g)		7.00	%		06/01/2035		27,145	13,572,500

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–(continued)
Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District);
Series 2019 A, RB(c)(g)		5.75	%		06/01/2042		$ 18,975	$    13,282,240
Series 2019 B, Ref. RB(c)(g)		7.50	%		06/01/2042		5,285	3,465,007
Monogalia (County of), WV (Development Disctict No. 4 - University Town Centre);
Series 2023, Ref. RB(c)		5.75	%		06/01/2043		800	836,492
Series 2023, Ref. RB(c)		6.00	%		06/01/2053		1,000	1,051,459
Monongalia (County of), WV Commission Special District; Series 2023 B, Ref. RB(c)		8.45	%		06/01/2053		16,000	3,432,160
Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District);
Series 2017 A, Ref. RB(c)		5.75	%		06/01/2043		3,435	3,499,991
Series 2020, Ref. RB(c)		7.50	%		06/01/2043		8,990	9,654,872
Series 2023, RB(c)		7.00	%		06/01/2043		2,200	2,312,317
Ohio (County of), WV Development Authority (Sports Complex); Series 2018, RB		5.00	%		09/01/2048		10,465	7,708,677
West Virginia (State of) Economic Development Authority (Empire Green Gerenation LLC); Series 2023, RB(b)(c)		9.50	%		05/01/2043		20,000	19,962,008
West Virginia (State of) Economic Development Authority (Empire South Terminal of West); Series 2023, RB(c)		8.50	%		12/01/2043		16,000	16,020,430
West Virginia (State of) Hospital Finance Authority (Vandalia Health Group); Series 2023 B, RB		6.00	%		09/01/2053		8,350	9,291,988
								104,090,141
Wisconsin–2.81%
Gillett (City of), WI; Series 2021 A, RB(b)(c)		5.50	%		12/01/2032		4,600	3,938,884
Wisconsin (State of) Health & Educational Facilities Authority (American Baptist Homes of the Midwest Obligated Group);
Series 2017, Ref. RB		5.00	%		08/01/2032		1,375	1,185,247
Series 2017, Ref. RB		5.00	%		08/01/2037		1,500	1,203,568
Series 2017, Ref. RB		5.00	%		08/01/2039		3,750	2,903,318
Wisconsin (State of) Health & Educational Facilities Authority (Camillus Health System);
Series 2019, Ref. RB		5.00	%		11/01/2039		1,950	1,777,533
Series 2019, Ref. RB		5.00	%		11/01/2046		5,200	4,427,100
Series 2019, Ref. RB		5.00	%		11/01/2054		7,000	5,630,717
Wisconsin (State of) Public Finance Authority;
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $19,974)(c)(f)(l)		0.00	%		01/01/2047		156	3,935
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $17,033)(c)(f)(l)		0.00	%		01/01/2048		136	3,253
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $16,345)(c)(f)(l)		0.00	%		01/01/2049		134	3,015
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $15,419)(c)(f)(l)		0.00	%		01/01/2050		129	2,706
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $14,778)(c)(f)(l)		0.00	%		01/01/2051		127	2,518
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2052		165	3,040
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $18,003)(c)(f)(l)		0.00	%		01/01/2053		163	2,841
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $16,961)(c)(f)(l)		0.00	%		01/01/2054		158	2,582
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2055		154	2,390
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2056		151	2,224
Series 2005 A-1, RB(c)(g)		5.50	%		07/01/2056		8,230	6,146,498
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2057		168	2,319
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2058		163	2,136
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2059		159	1,975
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2060		156	1,816
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2061		153	1,687
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2062		149	1,549
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2063		146	1,438
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2064		143	1,339
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2065		140	1,237
Series 2005 A-1, RB(c)(l)		0.00	%		01/01/2066		151	1,234
Series 2005 A-1, RB (Acquired 09/08/2005-10/06/2005; Cost $142,483)(c)(f)(l)		0.00	%		01/01/2067		1,821	13,455
Series 2012 C, Ref. RB(b)		5.25	%		07/01/2028		1,190	1,190,272
Series 2012, RB		6.00	%		09/01/2045		5,750	5,542,319
Series 2015 A, RB		6.00	%		02/01/2045		1,910	1,910,059
Series 2016 A, RB(c)		5.25	%		05/01/2046		2,500	2,313,033

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 2016 A, RB		5.25	%		01/01/2052		$ 10,960	$     8,498,865
Series 2018, RB (INS - AGM)(h)		5.00	%		07/01/2058		7,900	7,980,712
Series 2019, RB(c)		5.00	%		06/15/2054		455	413,684
Series 2022, RB		6.15	%		08/01/2028		7,500	5,377,749
Series 2023, RB(c)		5.75	%		07/01/2033		485	500,764
Series 2023, RB(c)		6.63	%		07/01/2043		650	671,396
Series 2023, RB(c)		6.88	%		07/01/2053		1,350	1,394,096
Series 2023, RB(c)		7.00	%		07/01/2058		1,750	1,806,497
Series 2023, RB		5.75	%		07/01/2062		40,000	43,237,588
Series 2024, RB(c)		5.50	%		12/15/2028		13,580	13,584,855
Series 2024, RB(c)		12.00	%		05/16/2029		5,750	5,742,733
Wisconsin (State of) Public Finance Authority (21st Century Public Academy);
Series 2020 A, RB(c)		5.00	%		06/01/2040		760	689,805
Series 2020 A, RB(c)		5.00	%		06/01/2049		1,340	1,138,520
Wisconsin (State of) Public Finance Authority (Adelaide Pointe); Series 2023, RB(c)		6.25	%		06/01/2052		13,685	13,694,066
Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands); Series 2017, RB(c)(g)		6.75	%		08/01/2031		22,000	16,060,000
Wisconsin (State of) Public Finance Authority (Aurora Integrated Oncology Foundation); Series 2023, RB(c)		10.00	%		11/01/2038		18,000	18,072,747
Wisconsin (State of) Public Finance Authority (Bancroft Neurohealth); Series 2016 A, RB(c)		5.13	%		06/01/2048		2,075	1,862,620
Wisconsin (State of) Public Finance Authority (CABS); Series 2024, RB(l)		0.00	%		02/01/2031		22,755	13,880,705
Wisconsin (State of) Public Finance Authority (Candela); Series 2023, RB(c)		6.13	%		12/15/2029		8,000	7,751,867
Wisconsin (State of) Public Finance Authority (Capitol Encore Academy (The));
Series 2019 A, RB(c)		4.75	%		06/01/2029		225	218,384
Series 2019 A, RB(c)		5.25	%		06/01/2039		750	701,922
Series 2019 A, RB(c)		5.50	%		06/01/2049		1,940	1,787,015
Wisconsin (State of) Public Finance Authority (Dreamhouse);
Series 2022 A, RB(c)		5.75	%		06/01/2025		16,975	16,977,648
Series 2022 B, RB(c)		7.50	%		06/01/2025		1,970	1,936,873
Wisconsin (State of) Public Finance Authority (Explore Knowledge Foundation);
Series 2012 A, RB		5.75	%		07/15/2032		860	860,586
Series 2012 A, RB		6.00	%		07/15/2042		1,345	1,345,803
Wisconsin (State of) Public Finance Authority (Founders Academy of Las Vegas);
Series 2023, RB(c)		6.63	%		07/01/2053		600	619,239
Series 2023, RB(c)		6.75	%		07/01/2058		550	569,947
Wisconsin (State of) Public Finance Authority (Indigo); Series 2023, RB(c)(l)		0.00	%		12/01/2028		17,675	12,334,380
Wisconsin (State of) Public Finance Authority (Lariat); Series 2023, RB(c)(l)		0.00	%		09/01/2029		7,500	5,138,381
Wisconsin (State of) Public Finance Authority (North Carolina Leadership Academy); Series 2019, RB(c)		5.00	%		06/15/2049		520	481,546
Wisconsin (State of) Public Finance Authority (Rider University); Series 2021 B, RB(c)		6.00	%		07/01/2031		7,040	6,202,763
Wisconsin (State of) Public Finance Authority (Traders Point Christian Schools);
Series 2019 A, RB(c)		5.38	%		06/01/2044		3,495	3,006,056
Series 2019 A, RB(c)		5.50	%		06/01/2054		4,320	3,629,203
Series 2019, RB(c)		5.62	%		06/01/2029		605	570,265
Wisconsin (State of) Public Finance Authority (WhiteStone); Series 2020 A, RB(c)		5.25	%		03/01/2045		4,325	3,928,257
								260,894,774
Total Municipal Obligations (Cost $10,599,294,011)								10,137,242,992
U.S. Dollar Denominated Bonds & Notes–0.07%
California–0.03%
CalPlant I LLC; Exit Facility(c)		15.00	%		07/01/2025		3,070	3,138,216
North Dakota–0.03%
Red River Biorefinery LLC;
Series 2024(c)(i)		15.00	%		07/31/2024		925	925,000
Series 23A(c)(i)		15.00	%		07/31/2024		2,000	2,000,000
								2,925,000

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

  Invesco Rochester^® Municipal Opportunities Fund

	Interest Rate			Maturity Date		Principal  Amount (000)		Value
Puerto Rico–0.01%
AES Puerto Rico, Inc.(i)		12.50	%		03/04/2026		$    809		$       784,984
Total U.S. Dollar Denominated Bonds & Notes (Cost $6,782,686)									6,848,200
						Shares
Common Stocks & Other Equity Interests–0.01%
Delta Air Lines, Inc.							7,679		391,782
General Motors Co.							2,919		131,326
Total Common Stocks & Other Equity Interests (Cost $54,137)									523,108
Preferred Stocks–0.00%
AES Puerto Rico, Inc., Pfd. (Cost $0)(i)							76,613		0
TOTAL INVESTMENTS IN SECURITIES(q)–109.43% (Cost $10,606,130,834)									10,144,614,300
FLOATING RATE NOTE OBLIGATIONS–(11.17)%
Notes with interest and fee rates ranging from 3.88% to 4.08% at 05/31/2024 and contractual maturities of collateral ranging from 05/01/2029 to 05/15/2062(r)									(1,035,140,000	)
OTHER ASSETS LESS LIABILITIES–1.74%									161,209,320
NET ASSETS–100.00%									$ 9,270,683,620

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
LOC	- Letter of Credit
NATL	- National Public Finance Guarantee Corp.
NCCU	- North Carolina Central University
PCR	- Pollution Control Revenue Bonds
Pfd.	- Preferred
RB	- Revenue Bonds
Ref.	- Refunding
RN	- Revenue Notes
VRD	- Variable Rate Demand
Wts.	- Warrants

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

  Invesco Rochester^® Municipal Opportunities Fund

Notes to Schedule of Investments:

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

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

^(c)  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, 2024 was $1,407,586,148, which represented 15.18% of the Fund’s Net Assets.

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

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

^(f)  Restricted security. The aggregate value of these securities at May 31, 2024 was $134,257,431, which represented 1.45% of the Fund’s Net Assets.

^(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, 2024 was $164,585,613, which represented 1.78% of the Fund’s Net Assets.

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

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

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

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

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

^(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 $121,560,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts.

⁽ⁿ⁾  Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on May 31, 2024.

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

^(p)  Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(q)  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.

^(r)  Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at May 31, 2024. At May 31, 2024, the Fund’s investments with a value of $1,458,558,919 are held by TOB Trusts and serve as collateral for the $1,035,140,000 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, 2024

(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, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

	Level 1			Level 2			Level 3			Total
Investments in Securities
Municipal Obligations		$	–		$	10,073,802,652		$	63,440,340		$	10,137,242,992
U.S. Dollar Denominated Bonds & Notes			–			3,138,216			3,709,984			6,848,200
Common Stocks & Other Equity Interests			523,108			–			–			523,108
Preferred Stocks			–			–			0			0
Total Investments in Securities			523,108			10,076,940,868			67,150,324			10,144,614,300
Other Investments - Assets
Investments Matured			–			2,830,418			25,944,015			28,774,433
Total Investments		$	523,108		$	10,079,771,286		$	93,094,339		$	10,173,388,733

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, 2024:

	Value 02/29/24			Purchases at Cost			Proceeds from Sales				Accrued Discounts/ Premiums			Realized Gain (Loss)				Change in Unrealized Appreciation (Depreciation)				Transfers into Level 3			Transfers out of Level 3				Value 05/31/24
Municipal Obligations		$	70,188,057		$	25,577		$	(1,931,942	)		$	38,034		$	120,638			$	274,750			$	1,027,926		$	(6,302,700	)		$	63,440,340
Investments Matured			11,052,956			14,900,000			(1,064,241	)			–			(27,502,509	)			28,557,809				–			–				25,944,015
U.S. Dollar Denominated Bonds & Notes			20,895,000			784,992			(14,900,000	)			2,693			–				(2,701	)			–			(3,070,000	)			3,709,984
Preferred Stocks			–			0			–				–			–				–				–			–				0
Total		$	102,136,013		$	15,710,569		$	(17,896,183	)		$	40,727		$	(27,381,871	)		$	28,829,858			$	1,027,926		$	(9,372,700	)		$	93,094,339

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