SCHEDULE 13D

CUSIP No.

46131J707

Name of reporting person

TORONTO DOMINION INVESTMENTS, INC.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,064.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,064.00

Aggregate amount beneficially owned by each reporting person

2,064.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

100 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

46131J707

Name of reporting person

TORONTO DOMINION HOLDINGS (U.S.A.), INC.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,064.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,064.00

Aggregate amount beneficially owned by each reporting person

2,064.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

100 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

46131J707

Name of reporting person

TD GROUP US HOLDINGS LLC

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,064.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,064.00

Aggregate amount beneficially owned by each reporting person

2,064.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

100 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

46131J707

Name of reporting person

THE TORONTO-DOMINION BANK

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,064.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,064.00

Aggregate amount beneficially owned by each reporting person

2,064.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

100 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

VARIABLE RATE MUNI TERM PREFERRED SHARES

(b)

Name of Issuer:

INVESCO MUNICIPAL TRUST

(c)

Address of Issuer's Principal Executive Offices:

1331 SPRING STREET N.W., SUITE 2500, ATLANTA, GEORGIA , 30309.

Item 1 Comment:

This Amendment No. 2 (this "Amendment") amends, as set forth below, the statement on Schedule 13D, dated October 8, 2020 and filed with the SEC on July 21, 2022 (the "Original Statement") as amended by Amendment No. 1 to the Original Statement dated July 17, 2023 and filed with the SEC on July 19, 2023, for Toronto Dominion Investments, Inc. ("TDI"), Toronto Dominion Holdings (U.S.A.), Inc. ("TDH"), TD Group US Holdings LLC ("TD GUS"), and The Toronto-Dominion Bank ("TD Bank") (collectively, the "Reporting Persons") with respect to the Variable Rate Muni Term Preferred Shares ("VMTP Shares") of Invesco Municipal Trust (the "Issuer" or the "Company"). The Issuer's principal executive offices are located at 1555 Peachtree Street, Atlanta, Georgia, 30309. This Amendment is being filed in relation to the redemption by the Issuer on August 1, 2025 of 364 VMTP Shares (CUSIP No. 46131J707) of the Issuer held by TDI.

Item 2.

Identity and Background

(a)

Item 2 of the Original Statement is hereby amended by deleting Schedule I and Schedule II referenced therein and replacing them with Schedule I and Schedule II included with this Amendment.

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

Item 6 of the Original Schedule 13D is hereby amended by adding the following at the end thereof: As of August 1, 2025, the Reporting Persons beneficially will own an aggregate of 2,064 VMTP Shares representing 100% of the outstanding VMTP Shares of the Issuer. The 2,064 VMTP Shares reported herein consist of 2,064 VMTP Shares over which TDI is the record and beneficial owner. TDH is the sole owner of TDI and accordingly beneficially owns the VRDP Shares held by TDI. TD GUS is the sole owner of TDH and accordingly beneficially owns the VRDP Shares held by TDI. TD is the sole owner of TD GUS and accordingly beneficially owns the VRDP Shares held by TDI.

Item 7.

Material to be Filed as Exhibits.

Item 7 of the Original Statement is hereby amended by deleting Exhibit 99.1, Exhibit 99.2, and Exhibit 99.3 thereto and the insertion of the following exhibits: "Exhibit Description of Exhibit 99.1 Joint Filing Agreement 99.2 Certificate for TD 99.3 Secretary's Certificate for TD GUS"

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TORONTO DOMINION INVESTMENTS, INC.

Signature:	/s/ Laura Beard
Name/Title:	Laura Beard/President & Chief Financial Officer
Date:	08/07/2025

TORONTO DOMINION HOLDINGS (U.S.A.), INC.

Signature:	/s/ Laura Beard
Name/Title:	Laura Beard/Vice President & Chief Financial Officer
Date:	08/07/2025

TD GROUP US HOLDINGS LLC

Signature:	/s/ Salma Salman
Name/Title:	Salma Salman/Senior Vice President and Chief Financial Officer TD AMCB
Date:	08/07/2025

THE TORONTO-DOMINION BANK

Signature:	/s/ Laura Beard
Name/Title:	Laura Beard/Vice President Finance TDS (US)
Date:	08/07/2025