0001752724-24-017984.txt : 20240129 0001752724-24-017984.hdr.sgml : 20240129 20240129124322 ACCESSION NUMBER: 0001752724-24-017984 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231130 FILED AS OF DATE: 20240129 DATE AS OF CHANGE: 20240129 PERIOD START: 20240229 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Invesco Trust for Investment Grade Municipals CENTRAL INDEX KEY: 0000880892 ORGANIZATION NAME: IRS NUMBER: 363797841 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06471 FILM NUMBER: 24572214 BUSINESS ADDRESS: STREET 1: 1331 SPRING STREET N.W. STREET 2: SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-439-3217 MAIL ADDRESS: STREET 1: 1331 SPRING STREET N.W. STREET 2: SUITE 2500 CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: Invesco Van Kampen Trust for Investment Grade Municipals DATE OF NAME CHANGE: 20100601 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN TRUST FOR INVESTMENT GRADE MUNICIPALS DATE OF NAME CHANGE: 20040707 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN TRUST FOR INVSTMENT GRADE MUNICIPALS DATE OF NAME CHANGE: 19981006 NPORT-P 1 primary_doc.xml NPORT-P false 0000880892 XXXXXXXX Invesco Trust for Investment Grade Municipals 811-06471 0000880892 V0VF67S6NRLBDK357F71 1331 Spring Street NW, Suite 2500 N.E. 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RB 118217CZ9 7995000.00000000 PA USD 7063916.69000000 1.180103665337 Long DBT MUN US N 2 2055-06-01 Fixed 5.00000000 N N N N N N Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue) 54930046B973R604OG22 Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue), Series 2018 A, Ref. RB 01728A3Z7 855000.00000000 PA USD 797462.09000000 0.133224665108 Long DBT MUN US N 2 2044-04-01 Fixed 4.00000000 N N N N N N Montgomery Independent School District N/A Montgomery Independent School District, Series 2023, GO Bonds 614121ZD6 650000.00000000 PA USD 627319.03000000 0.104800427174 Long DBT MUN US N 2 2053-02-15 Fixed 4.00000000 N N N N N N New York (City of), NY Transitional Finance Authority N/A New York (City of), NY Transitional Finance Authority, Series 2019 B-1, RB 64971XNN4 875000.00000000 PA USD 861099.05000000 0.143855907383 Long DBT MUN US N 2 2045-11-01 Fixed 4.00000000 N N N N N N New York City Municipal Water Finance Authority 549300Q2EHQ6RJPQKP05 New York City Municipal Water Finance Authority, Series 2012, RB 64972GAS3 5160000.00000000 PA USD 5160000.00000000 0.862033795183 Long DBT MUN US N 2 2023-12-07 Variable 3.25000000 N N N N N N Jarrell Independent School District N/A Jarrell Independent School District, Series 2023, GO Bonds 471146XB1 1420000.00000000 PA USD 1423983.10000000 0.237891774412 Long DBT MUN US N 2 2053-02-15 Fixed 4.25000000 N N N N N N California (State of) N/A California (State of), Series 2020, GO Bonds 13063DR26 1695000.00000000 PA USD 1355724.56000000 0.226488447224 Long DBT MUN US N 2 2050-11-01 Fixed 3.00000000 N N N N N N Tobacco Settlement Financing Corp. N/A Tobacco Settlement Financing Corp., Series 2018 B, Ref. RB 888808HT2 1880000.00000000 PA USD 1885235.42000000 0.314948961999 Long DBT MUN US N 2 2046-06-01 Fixed 5.00000000 N N N N N N Illinois (State of) Sports Facilities Authority N/A Illinois (State of) Sports Facilities Authority, Series 2014, Ref. RB 452143FD7 1235000.00000000 PA USD 1244175.93000000 0.207853042405 Long DBT MUN US N 2 2031-06-15 Fixed 5.25000000 N N N N N N New York (City of), NY Transitional Finance Authority 5493003476LG35QAKM08 New York (City of), NY Transitional Finance Authority, Series 2023, RB 64972JBB3 2235000.00000000 PA USD 2242778.47000000 0.374680394622 Long DBT MUN US N 2 2053-05-01 Fixed 4.37500000 N N N N N N Chicago (City of), IL Park District 549300DNSTZGBZLIU409 Chicago (City of), IL Park District, Series 2020 C, GO Bonds 167615B36 1250000.00000000 PA USD 1185625.63000000 0.198071581685 Long DBT MUN US N 2 2042-01-01 Fixed 4.00000000 N N N N N N TSASC, Inc. N/A TSASC, Inc., Series 2016 B, Ref. RB 898526FQ6 2290000.00000000 PA USD 2033133.68000000 0.339656965559 Long DBT MUN US N 2 2045-06-01 Fixed 5.00000000 N N N N N N Lee (County of), FL N/A Lee (County of), FL, Series 2021 B, RB 523470GZ9 1060000.00000000 PA USD 1152741.31000000 0.192577900450 Long DBT MUN US N 2 2034-10-01 Fixed 5.00000000 N N N N N N 2023-12-30 Invesco Trust for Investment Grade Municipals Adrien Deberghes Adrien Deberghes Principal Financial Officer and Treasurer XXXX NPORT-EX 2 edgar.htm HTML

Schedule of Investments

November 30, 2023

(Unaudited)

 

     Interest
Rate
      Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Municipal Obligations–158.27%(a)

          

Alabama–2.25%

          

Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging); Series 2016, RB

     5.75%       06/01/2045      $ 245      $ 203,910  

 

 

Birmingham (City of), AL Water Works Board; Series 2016 B, Ref. RB(b)(c)

     5.00%       01/01/2027        1,260        1,341,868  

 

 

Black Belt Energy Gas District (The); Series 2023 B, RB(c)

     5.25%       12/01/2030        1,445        1,533,558  

 

 

Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village); Series 2007, RB(d)

     5.50%       01/01/2043        2,525        1,464,500  

 

 

Jefferson (County of), AL; Series 2013 A, Revenue Wts. (INS - AGM)(e)

     5.50%       10/01/2053        1,205        1,223,729  

 

 

Lower Alabama Gas District (The); Series 2016 A, RB

     5.00%       09/01/2046        3,815        3,965,696  

 

 

Southeast Energy Authority A Cooperative District (No. 2); Series 2021 B, RB(c)

     4.00%       12/01/2031        1,520        1,480,263  

 

 

Southeast Energy Authority A Cooperative District (No. 3); Series 2022 A-1, RB(c)

     5.50%       12/01/2029          1,430        1,515,406  

 

 

Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining);
Series 2019 A, Ref. IDR(f)

     5.25%       05/01/2044        835        759,983  

 

 
                13,488,913  

 

 

Alaska–0.06%

          

Northern Tobacco Securitization Corp.; Series 2021 A-1, Ref. RB

     4.00%       06/01/2050        425        376,650  

 

 

Arizona–3.65%

          

Arizona (State of) Industrial Development Authority; Series 2019-2A, Revenue Ctfs.

     3.63%       05/20/2033        1,055        973,322  

 

 

Arizona (State of) Industrial Development Authority (Leman Academy of Excellence); Series 2019 A, RB(f)

     5.00%       07/01/2039        1,215        1,131,475  

 

 

Arizona (State of) Industrial Development Authority (Leman Academy-Parker Colorado); Series 2019, RB(f)

     5.00%       07/01/2049        500        441,544  

 

 

Arizona (State of) Industrial Development Authority (Master Academy of Nevada - Bonanza Campus); Series 2020 A, RB(f)

     5.00%       12/15/2040        255        245,929  

 

 

Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus);

          

Series 2017, Ref. RB

     5.00%       11/15/2030        1,170        1,106,822  

 

 

Series 2017, Ref. RB

     5.00%       11/15/2045        905        713,704  

 

 

Goodyear (City of), AZ; Series 2020, RB (INS - AGM)(e)

     4.00%       07/01/2045        1,750        1,686,662  

 

 

Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2019, Ref. RB(f)

     5.00%       07/01/2049        230        209,605  

 

 

Mesa (City of), AZ; Series 2022 A, RB (INS - BAM)(e)

     5.00%       07/01/2046        3,070        3,308,611  

 

 

Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2014 A, RB(f)

     6.50%       07/01/2034        510        515,616  

 

 

Pima (County of), AZ Industrial Development Authority (American Leadership Academy); Series 2019, Ref. RB(f)

     5.00%       06/15/2052        365        323,113  

 

 

Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy); Series 2018, RB(f)

     5.38%       07/01/2052        1,215        1,091,946  

 

 

Pima (County of), AZ Industrial Development Authority (Tucson Medical Center); Series 2021, Ref. RB

     3.00%       04/01/2051        1,070        751,418  

 

 

Salt River Project Agricultural Improvement & Power District; Series 2023 B, RB

     5.00%       01/01/2048        3,440        3,770,930  

 

 

Salt Verde Financial Corp.;

          

Series 2007, RB

     5.00%       12/01/2032        785        832,495  

 

 

Series 2007, RB

     5.00%       12/01/2037        3,520        3,737,390  

 

 

Yuma (City of), AZ Industrial Development Authority (Regional Medical Center);
Series 2014 A, RB

     5.00%       08/01/2029        1,000        1,008,921  

 

 
             21,849,503  

 

 

Arkansas–0.11%

          

Arkansas (State of) Development Finance Authority (Baptist Memorial Health); Series 2020, Ref. RB

     5.00%       09/01/2044        630        635,123  

 

 

California–17.20%

          

Bay Area Toll Authority (San Francisco Bay Area); Series 2017, Ref. RB

     4.00%       04/01/2038        2,200        2,221,248  

 

 

Beverly Hills Unified School District (Election of 2008); Series 2009, GO Bonds(g)

     0.00%       08/01/2028        1,250        1,091,201  

 

 

California (State of);

          

Series 2020, GO Bonds (INS - BAM)(e)

     3.00%       11/01/2050        1,695        1,355,725  

 

 

Series 2022, Ref. GO Bonds

     4.00%       04/01/2042        3,275        3,330,174  

 

 

Series 2023, GO Bonds

     5.25%       09/01/2053        3,440        3,861,143  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

California–(continued)

           

California (State of) Community Housing Agency (Annadel Apartments);
Series 2019 A, RB(f)

     5.00%        04/01/2049      $ 855      $ 671,069  

 

 

California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); Series 2006 C, RB(g)

     0.00%        06/01/2055        11,260        1,027,114  

 

 

California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.);

           

Series 2020 B-1, Ref. RB

     5.00%        06/01/2049        55        55,791  

 

 

Series 2020 B-2, Ref. RB(g)

     0.00%        06/01/2055        1,700        280,000  

 

 

California (State of) Health Facilities Financing Authority (Cedars-Sinai Health System); Series 2021, Ref. RB

     5.00%        08/15/2051        4,470        4,807,075  

 

 

California (State of) Health Facilities Financing Authority (PIH Health); Series 2020 A, RB

     4.00%        06/01/2050        4,265        3,876,288  

 

 

California (State of) Housing Finance Agency (Social Certificates);

           

Series 2021 A, RB

     3.25%        08/20/2036        5        4,452  

 

 

Series 2021-2A, Revenue Ctfs. (CEP - FHLMC)

     3.75%        03/25/2035          4,159             3,934,955  

 

 

Series 2023-1, RB

     4.38%        09/20/2036        852        824,589  

 

 

California (State of) Municipal Finance Authority (Bella Mente Montessori Academy); Series 2018 A, RB(f)

     5.00%        06/01/2048        195        171,726  

 

 

California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing); Series 2018, RB

     5.00%        05/15/2037        1,365        1,407,141  

 

 

California (State of) Municipal Finance Authority (Linxs APM);

           

Series 2018 A, RB(h)

     5.00%        12/31/2036        1,700        1,751,718  

 

 

Series 2018 A, RB(h)

     5.00%        12/31/2047        2,055        2,069,744  

 

 

California (State of) Municipal Finance Authority (United Airlines, Inc.); Series 2019, RB(h)

     4.00%        07/15/2029        850        823,058  

 

 

California (State of) Municipal Finance Authority (William Jessup University); Series 2019, Ref. RB(f)

     5.00%        08/01/2039        255        233,194  

 

 

California (State of) Pollution Control Financing Authority;

           

Series 2012, RB(f)(h)

     5.00%        07/01/2027        970        970,819  

 

 

Series 2012, RB(f)(h)

     5.00%        07/01/2030        225        225,164  

 

 

Series 2012, RB(f)(h)

     5.00%        07/01/2037        2,340        2,340,475  

 

 

Series 2012, RB(f)(h)

     5.00%        11/21/2045        2,730        2,711,952  

 

 

California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); Series 2016 A, RB(f)

     5.25%        12/01/2056        1,025        995,288  

 

 

California State University;

           

Series 2019 A, RB

     5.00%        11/01/2044        2,525        2,715,490  

 

 

Series 2019 A, RB(i)

     5.00%        11/01/2049        2,160        2,301,641  

 

 

Cambrian School District; Series 2022, GO Bonds

     4.00%        08/01/2052        2,355        2,326,772  

 

 

CSCDA Community Improvement Authority (Jefferson-Anaheim Social Bonds); Series 2021 A, RB(f)

     3.13%        08/01/2056        850        570,233  

 

 

CSCDA Community Improvement Authority (Oceanaire-Long Beach Social Bonds); Series 2021 A-2, RB(f)

     4.00%        09/01/2056        850        591,365  

 

 

CSCDA Community Improvement Authority (Parallel-Anaheim Social Bonds); Series 2021, RB(f)

     4.00%        08/01/2056        510        371,476  

 

 

Daly (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition);
Series 2007 C, Ref. RB

     6.50%        12/15/2047        510        492,580  

 

 

Golden State Tobacco Securitization Corp.;

           

Series 2015, Ref. RB(b)(c)

     5.00%        06/01/2025        2,245        2,314,023  

 

 

Series 2021 B-2, Ref. RB(g)

     0.00%        06/01/2066        2,845        296,876  

 

 

Los Angeles (City of), CA Department of Airports (Green Bonds); Series 2022 G, RB(h)

     5.50%        05/15/2036        1,775        2,024,043  

 

 

Los Angeles (City of), CA Department of Airports (Los Angeles International Airport); Series 2018, Ref. RB(h)

     5.00%        05/15/2043        1,250        1,289,914  

 

 

Los Angeles (City of), CA Department of Water & Power; Series 2020 B, RB(i)

     5.00%        07/01/2050        2,385        2,553,219  

 

 

Montebello Unified School District; Series 2022 B, GO Bonds (INS - AGM)(e)

     5.00%        08/01/2050        1,260        1,328,940  

 

 

M-S-R Energy Authority;

           

Series 2009 B, RB

     6.13%        11/01/2029        830        889,232  

 

 

Series 2009 B, RB

     6.50%        11/01/2039        595        731,726  

 

 

Mt. San Antonio Community College District (Election of 2008); Series 2013 A, GO Bonds(j)

     6.25%        08/01/2043        2,055        1,956,586  

 

 

Oxnard School District (Election of 2022); Series 2023 A, GO Bonds (INS - BAM)(e)

     4.25%        08/01/2053        3,125        3,138,602  

 

 

Pittsburg Unified School District (Election of 2018); Series 2023 D, GO Bonds (INS - AGM)(e)

     4.25%        08/01/2049        3,000        3,033,360  

 

 

Regents of the University of California Medical Center;

           

Series 2022 P, RB(i)(k)

     4.00%        05/15/2053        5,545        5,338,978  

 

 

Series 2022 P, RB

     3.50%        05/15/2054        2,060        1,723,793  

 

 

Sacramento (City of), CA Unified School District (Election of 2020);

           

Series 2022 A, GO Bonds (INS - BAM)(e)

     5.50%        08/01/2047        1,330        1,461,850  

 

 

Series 2022 A, GO Bonds (INS - BAM)(e)

     5.50%        08/01/2052        1,615        1,765,058  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

California–(continued)

           

San Diego (County of), CA Regional Airport Authority;

           

Series 2021 A, RB

     4.00%        07/01/2051      $ 2,100      $ 2,008,125  

 

 

Series 2021 A, RB

     5.00%        07/01/2056        2,045        2,174,935  

 

 

Series 2023 B, RB(h)

     5.00%        07/01/2048          2,580        2,685,639  

 

 

San Francisco (City & County of), CA Airport Commission; Series 2019 E, RB(h)

     5.00%        05/01/2038        690        719,011  

 

 

San Francisco (City & County of), CA Airport Commission (San Francisco International Airport);

           

Second Series 2020 A, Ref. RB(h)

     4.00%        05/01/2039        475        464,487  

 

 

Series 2016, RB(h)

     5.00%        05/01/2046        5,000        5,016,127  

 

 

Series 2019 E, RB(h)

     5.00%        05/01/2050        2,400        2,442,190  

 

 

Series 2021 A, Ref. RB(h)

     5.00%        05/01/2036        620        667,681  

 

 

San Joaquin Hills Transportation Corridor Agency; Series 2014 B, Ref. RB

     5.25%        01/15/2049        3,845        3,873,150  

 

 

Silicon Valley Tobacco Securitization Authority (Santa Clara); Series 2007 A, RB(g)

     0.00%        06/01/2041        3,560        1,280,928  

 

 

Western Placer Unified School District; Series 2017, Ref. COP (INS - AGM)(e)

     4.00%        08/01/2049        1,385        1,364,054  

 

 
               102,953,187  

 

 

Colorado–5.61%

           

Aurora Highlands Community Authority Board; Series 2021 A, Ref. RB

     5.75%        12/01/2051        850        760,781  

 

 

Belford North Metropolitan District; Series 2020 A, GO Bonds

     5.50%        12/01/2050        1,060        938,698  

 

 

Bromley Park Metropolitan District No 2; Series 2023, Ref. GO Bonds (INS - BAM)(e)

     5.38%        12/01/2053        635        680,994  

 

 

Centerra Metropolitan District No. 1 (In the City of Loveland);

           

Series 2017, RB(f)

     5.00%        12/01/2047        1,715        1,540,489  

 

 

Series 2020 A, Ref. GO Bonds

     5.00%        12/01/2051        680        591,629  

 

 

Series 2022, RB

     6.50%        12/01/2053        600        602,665  

 

 

Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group);
Series 2021 A, Ref. RB

     4.00%        11/15/2050        760        699,057  

 

 

Colorado (State of) Health Facilities Authority (Adventist Health System/Sunbelt Obligated Group); Series 2018 A, RB

     5.00%        11/15/2048        1,740        1,785,401  

 

 

Colorado (State of) Health Facilities Authority (CommonSpirit Health);

           

Series 2019 A-2, Ref. RB

     5.00%        08/01/2044        3,750        3,828,937  

 

 

Series 2019 A-2, Ref. RB

     4.00%        08/01/2049        1,705        1,499,050  

 

 

Colorado (State of) Health Facilities Authority (Volunteers of America Care);

           

Series 2007 A, RB

     5.25%        07/01/2027        550        511,293  

 

 

Series 2007 A, RB

     5.30%        07/01/2037        245        190,126  

 

 

Colorado (State of) High Performance Transportation Enterprise (C-470 Express Lanes); Series 2017, RB

     5.00%        12/31/2047        945        945,550  

 

 

Colorado (State of) Science and Technology Park Metropolitan District No. 1; Series 2018, Ref. RB

     5.00%        12/01/2033        500        492,063  

 

 

Colorado Crossing Metropolitan District No. 2; Series 2020 A-1, Ref. GO Bonds

     5.00%        12/01/2047        500        411,051  

 

 

Denver (City & County of), CO;

           

Series 2018 A, Ref. RB(h)

     5.00%        12/01/2048        1,795        1,823,554  

 

 

Series 2018 A, Ref. RB(h)

     5.25%        12/01/2048        1,650        1,698,883  

 

 

Series 2018 A-2, RB(g)

     0.00%        08/01/2033        2,300        1,535,512  

 

 

Series 2022 A, RB(h)

     5.00%        11/15/2036        970        1,058,236  

 

 

Series 2022 A, RB(h)

     5.00%        11/15/2047        2,545        2,654,507  

 

 

Great Western Metropolitan District; Series 2020, Ref. GO Bonds

     4.75%        12/01/2050        470        401,956  

 

 

Hogback Metropolitan District; Series 2021 A, GO Bonds

     5.00%        12/01/2051        550        471,194  

 

 

Jefferson (County of), CO Center Metropolitan District No. 1; Series 2020 B, Ref. RB

     5.75%        12/15/2050        740        707,569  

 

 

Johnstown Plaza Metropolitan District; Series 2022, Ref. GO Bonds

     4.25%        12/01/2046        802        639,720  

 

 

Midtown Clear Creek Metropolitan District; Series 2023 A, Ref. GO Bonds (INS - BAM)(e)

     5.00%        12/01/2053        585        600,353  

 

 

Mulberry Metropolitan District No. 2; Series 2022, RB

     7.00%        12/01/2034        765        775,793  

 

 

Neu Town Metropolitan District; Series 2018 A, Ref. GO Bonds

     5.38%        12/01/2046        720        678,908  

 

 

North Range Metropolitan District No. 3; Series 2020 A, GO Bonds

     5.00%        12/01/2040        665        617,929  

 

 

Rampart Range Metropolitan District No. 5; Series 2021, RB

     4.00%        12/01/2051        500        353,671  

 

 

Village Metropolitan District (The); Series 2020, Ref. GO Bonds

     5.00%        12/01/2049        875        810,439  

 

 

White Buffalo Metropolitan District No. 3;

           

Series 2020, GO Bonds

     5.50%        12/01/2050        600        550,351  

 

 

Series 2023, GO Bonds

     8.00%        12/15/2035        730        701,211  

 

 

Windler Public Improvement Authority;

           

Series 2021 A-1, RB

     4.13%        12/01/2051        1,360        822,686  

 

 

Series 2021 A-2, RB(j)

     4.50%        12/01/2041        2,105        1,232,035  

 

 
              33,612,291  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Connecticut–1.54%

           

Connecticut (State of) Health & Educational Facilities Authority (New Haven Hospital); Series 2013 A, Ref. VRD RB(l)

     1.40%        07/01/2042      $  9,225      $ 9,225,000  

 

 

District of Columbia–4.44%

           

District of Columbia;

           

Series 2014 C, GO Bonds(b)(i)

     5.00%        06/01/2035        7,050        7,111,312  

 

 

Series 2022 A, RB

     5.00%        07/01/2047        1,700        1,845,353  

 

 

Series 2023 A, RB

     5.25%        05/01/2048        2,535        2,810,719  

 

 

District of Columbia (Provident Group - Howard Properties LLC); Series 2013, RB

     5.00%        10/01/2045        695        641,966  

 

 

District of Columbia Water & Sewer Authority (Green Bonds); Series 2022 C-1, RB

     4.00%        10/01/2051        3,405        3,332,486  

 

 

Metropolitan Washington Airports Authority;

           

Series 2017, Ref. RB(h)

     5.00%        10/01/2042        2,740        2,798,889  

 

 

Series 2021 A, Ref. RB(h)

     4.00%        10/01/2041        1,425        1,366,765  

 

 

Series 2023 A, Ref. RB(h)

     5.25%        10/01/2042        1,335        1,440,278  

 

 

Series 2023 A, Ref. RB(h)

     5.25%        10/01/2043        1,170        1,259,291  

 

 

Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement); Series 2019 B, Ref. RB

     4.00%        10/01/2049        1,705        1,531,351  

 

 

Washington (State of) Metropolitan Area Transit Authority (Sustainability Bonds); Series 2023 A, RB

     5.25%        07/15/2053          2,220        2,441,764  

 

 
                 26,580,174  

 

 

Florida–11.20%

           

Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs);

           

Series 2022 A, Ref. RB(f)

     5.00%        11/15/2061        1,075        701,190  

 

 

Series 2022 B, RB(f)

     6.50%        11/15/2033        100        84,604  

 

 

Brevard (County of), FL Health Facilities Authority (Health First Obligated Group); Series 2022 A, Ref. RB

     4.00%        04/01/2052        515        460,610  

 

 

Broward (County of), FL;

           

Series 2019 B, RB(h)

     4.00%        09/01/2044        850        814,544  

 

 

Series 2022 A, RB

     4.00%        10/01/2047        3,720        3,710,672  

 

 

Series 2022, RB

     5.00%        01/01/2047        1,715        1,844,938  

 

 

Broward (County of), FL (Convention Center Expansion); Series 2021, RB

     4.00%        09/01/2047        3,400        3,237,809  

 

 

Cape Coral (City of) FL; Series 2023, Ref. RB (INS - BAM)(e)

     5.60%        03/01/2048        1,270        1,382,674  

 

 

Collier (County of), FL Industrial Development Authority (The Arlington of Naples); Series 2014 A, RB(d)(f)

     7.75%        05/15/2035        1,000        31,975  

 

 

Davie (Town of), FL (Nova Southeastern University); Series 2018, Ref. RB

     5.00%        04/01/2048        1,420        1,429,699  

 

 

Florida (State of) North Broward Hospital District; Series 2017 B, Ref. RB

     5.00%        01/01/2042        1,230        1,250,250  

 

 

Florida Development Finance Corp. (Green Bonds); Series 2019 B, RB(f)(h)

     7.38%        01/01/2049        680        682,969  

 

 

Fort Lauderdale (City of), FL;

           

Series 2023 A, RB

     5.50%        09/01/2053        2,565        2,884,130  

 

 

Series 2023, RB

     5.50%        09/01/2053        1,520        1,709,114  

 

 

Gainesville (City of), FL; Series 2019 A, RB

     5.00%        10/01/2047        1,250        1,309,272  

 

 

Gramercy Farms Community Development District; Series 2011, Ref. RB(g)(m)

     0.00%        05/01/2039        975        507,000  

 

 

Greater Orlando Aviation Authority;

           

Series 2017 A, RB(h)

     5.00%        10/01/2052        1,805        1,823,277  

 

 

Series 2019 A, RB(h)

     4.00%        10/01/2044        2,250        2,111,655  

 

 

Hillsborough (County of), FL; Series 2023, GO Bonds

     5.00%        07/01/2053        1,620        1,748,001  

 

 

Hillsborough (County of), FL Aviation Authority (Tampa International Airport); Series 2018 E, RB(h)

     5.00%        10/01/2048        2,585        2,630,328  

 

 

Jacksonville (City of) FL; Series 2023 A, Ref. RB

     5.50%        10/01/2053        2,535        2,798,277  

 

 

Lake (County of), FL (Lakeside at Waterman Village);

           

Series 2020 A, Ref. RB

     5.50%        08/15/2040        660        588,353  

 

 

Series 2020 A, Ref. RB

     5.75%        08/15/2050        290        249,848  

 

 

Series 2020 A, Ref. RB

     5.75%        08/15/2055        1,070        907,509  

 

 

Lee (County of), FL;

           

 

 

Series 2021 B, RB(h)

     5.00%        10/01/2034        1,060        1,152,741  

 

 

Series 2022, RB

     5.25%        08/01/2049        1,705        1,803,840  

 

 

Miami (City of) & Dade (County of), FL School Board; Series 2022 A, GO Bonds (INS - BAM)(e)

     5.00%        03/15/2052        2,020        2,141,256  

 

 

Miami Beach (City of), FL; Series 2017, Ref. RB

     5.00%        09/01/2047        1,175        1,175,162  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Florida–(continued)

           

Miami-Dade (County of), FL;

           

Series 2021, RB

     4.00%        10/01/2048      $  3,375      $ 3,248,798  

 

 

Series 2022 A, Ref. RB(h)

     5.25%        10/01/2052        510        531,408  

 

 

Series 2023 A, Ref. RB(h)

     5.00%        10/01/2047        855        876,022  

 

 

Subseries 2021 A-2, Ref. RB (INS - AGM)(e)

     4.00%        10/01/2049        2,565        2,398,172  

 

 

Miami-Dade (County of), FL Expressway Authority; Series 2010 A, RB

     5.00%        07/01/2040        5,630        5,631,464  

 

 

Miami-Dade (County of), FL Transit System; Series 2022, RB

     5.00%        07/01/2052        2,390        2,522,924  

 

 

Orange (County of), FL Housing Finance Authority (H.A.N.D.S., Inc.); Series 1995 A, RB

     7.00%        10/01/2025        270        270,567  

 

 

Orlando (City of), FL Utilities Commission; Series 2015 B, Ref. VRD RB(l)

     3.41%        10/01/2039        1,720        1,720,000  

 

 

Osceola (County of), FL;

           

Series 2020 A-2, Ref. RB(g)

     0.00%        10/01/2050        2,000        440,559  

 

 

Series 2020 A-2, Ref. RB(g)

     0.00%        10/01/2052        460        90,014  

 

 

Series 2020 A-2, Ref. RB(g)

     0.00%        10/01/2053        455        83,894  

 

 

Series 2020 A-2, Ref. RB(g)

     0.00%        10/01/2054        390        67,743  

 

 

Reunion East Community Development District; Series 2005, RB(d)(m)

     5.80%        05/01/2036        348        3  

 

 

Sarasota (County of), FL Public Hospital District (Sarasota Memorial Hospital);
Series 2022, RB

     4.00%        07/01/2052        1,705        1,573,834  

 

 

South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group); Series 2017, Ref. RB

     4.00%        08/15/2047        855        777,781  

 

 

Sterling Hill Community Development District; Series 2003 A, RB(m)(n)

     6.20%        05/01/2035        1,149        540,129  

 

 

Sumter (County of), FL Industrial Development Authority (Central Florida Health Alliance); Series 2014 A, RB

     5.25%        07/01/2044        1,000        1,000,458  

 

 

Tallahassee (City of), FL (Tallahassee Memorial Health Care, Inc.); Series 2016, RB

     5.00%        12/01/2055        1,380        1,333,379  

 

 

Tampa (City of) & Hillsborough (County of), FL Expressway Authority; Series 2017 B, Ref. RB

     4.00%        07/01/2042        2,000        1,959,241  

 

 

Tampa (City of), FL; Series 2020 A, RB(g)

     0.00%        09/01/2049          3,410        797,768  

 

 
                 67,035,855  

 

 

Georgia–2.14%

           

Augusta (City of), GA Development Authority; Series 2018, RB

     4.00%        07/01/2038        3,090        2,972,811  

 

 

Brookhaven Development Authority (Children’s Healthcare of Atlanta, Inc.);
Series 2019 A, RB(i)(k)

     4.00%        07/01/2044        3,405        3,303,055  

 

 

Burke (County of), GA Development Authority (Georgia Power Company);
Series 2018, Ref. VRD RB(l)

     2.40%        11/01/2052        995        995,000  

 

 

Columbia (City of), GA (Wellstar Health System, Inc.); Series 2023, RAC

     5.13%        04/01/2048        1,110        1,180,429  

 

 

Main Street Natural Gas, Inc.;

           

Series 2021 C, RB(c)

     4.00%        12/01/2028        1,260        1,236,757  

 

 

Series 2022 C, RB(c)(f)

     4.00%        11/01/2027        1,285        1,219,900  

 

 

Series 2023 B, RB(c)

     5.00%        03/01/2030        1,820        1,897,246  

 

 
              12,805,198  

 

 

Idaho–0.43%

           

Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.);

           

Series 2017 A, Ref. RB

     5.00%        11/15/2032        360        312,054  

 

 

Series 2017 A, Ref. RB

     5.25%        11/15/2037        505        414,181  

 

 

Idaho Housing & Finance Association (White Pine Charter School Project);
Series 2023, RB (CEP - Oregon School Bond Guaranty)

     5.75%        05/01/2058        500        520,184  

 

 

Spring Valley Community Infrastructure District No. 1; Series 2021, RB(f)

     3.75%        09/01/2051        1,705        1,307,596  

 

 
              2,554,015  

 

 

Illinois–8.83%

           

Chicago (City of), IL;

           

Series 2002 B, GO Bonds

     5.50%        01/01/2037        1,075        1,080,065  

 

 

Series 2005 D, Ref. GO Bonds

     5.50%        01/01/2040        435        436,982  

 

 

Series 2007 E, Ref. GO Bonds

     5.50%        01/01/2042        350        351,305  

 

 

Series 2014, RB

     5.00%        11/01/2039        880        884,457  

 

 

Series 2014, Ref. RB(b)(c)

     5.00%        01/01/2024        1,200        1,201,431  

 

 

Series 2015 A, GO Bonds

     5.50%        01/01/2033        3,475        3,496,429  

 

 

Series 2017 A, Ref. GO Bonds

     6.00%        01/01/2038        2,075        2,160,516  

 

 

Chicago (City of), IL (O’Hare International Airport); Series 2017 D, RB

     5.00%        01/01/2052        1,495        1,513,804  

 

 

Chicago (City of), IL Board of Education;

           

Series 2018 A, Ref. GO Bonds (INS - AGM)(e)

     5.00%        12/01/2032        735        763,724  

 

 

Series 2018 A, Ref. GO Bonds

     5.00%        12/01/2035        750        759,055  

 

 

Chicago (City of), IL Metropolitan Water Reclamation District (Green Bonds);
Series 2021 A, GO Bonds

     4.00%        12/01/2051        830        783,057  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
      Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Illinois–(continued)

          

Chicago (City of), IL Midway International Airport;

          

Series 2013 A, Ref. RB(b)(c)(h)

     5.50%       02/06/2024      $ 2,770      $ 2,776,615  

 

 

Series 2014 A, Ref. RB(h)

     5.00%       01/01/2041        1,275        1,275,044  

 

 

Chicago (City of), IL Park District;

          

Series 2020 C, GO Bonds (INS - BAM)(e)

     4.00%       01/01/2042        1,250        1,185,626  

 

 

Series 2020 D, GO Bonds (INS - BAM)(e)

     4.00%       01/01/2036        1,000        1,008,690  

 

 

Illinois (State of);

          

Series 2014, GO Bonds

     5.25%       02/01/2034        1,300        1,300,288  

 

 

Series 2014, GO Bonds

     5.00%       05/01/2035        370        370,561  

 

 

Series 2014, GO Bonds

     5.00%       05/01/2036        1,150        1,151,353  

 

 

Series 2016, GO Bonds

     5.00%       11/01/2036        930        945,532  

 

 

Series 2017 C, GO Bonds

     5.00%       11/01/2029        270        283,801  

 

 

Series 2017 D, GO Bonds

     5.00%       11/01/2026        1,325        1,382,013  

 

 

Series 2018 A, GO Bonds

     5.00%       05/01/2030        1,255        1,328,534  

 

 

Series 2020, GO Bonds

     5.50%       05/01/2039        1,710        1,869,391  

 

 

Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.);
Series 2002, RB(h)

     8.00%       06/01/2032        370        370,253  

 

 

Illinois (State of) Finance Authority (Centegra Health System);
Series 2014 A, RB(b)(c)

     5.00%       09/01/2024        1,470        1,488,318  

 

 

Illinois (State of) Finance Authority (Lutheran Communities Obligated Group);

          

Series 2019 A, Ref. RB

     5.00%       11/01/2040        60        51,174  

 

 

Series 2019 A, Ref. RB

     5.00%       11/01/2049        1,245        982,485  

 

 

Illinois (State of) Finance Authority (Mercy Health Corp.); Series 2016, Ref. RB

     5.00%       12/01/2046        4,140        4,178,107  

 

 

Illinois (State of) Finance Authority (Park Place of Elmhurst); Series 2016, RB

     5.13%       05/15/2060        1,411        768,311  

 

 

Illinois (State of) Finance Authority (Roosevelt University); Series 2007, RB

     5.50%       04/01/2037        1,000        897,661  

 

 

Illinois (State of) Finance Authority (Three Crowns Park);

          

Series 2017, Ref. RB

     5.00%       02/15/2032        155        154,885  

 

 

Series 2017, Ref. RB

     5.25%       02/15/2037        200        199,607  

 

 

Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); Series 2015 A, RB

     5.50%       06/15/2053        1,800        1,827,608  

 

 

Illinois (State of) Sports Facilities Authority; Series 2014, Ref. RB (INS - AGM)(e)

     5.25%       06/15/2031        1,235        1,244,176  

 

 

Illinois (State of) Toll Highway Authority;

          

Series 2013 A, RB(i)

     5.00%       01/01/2038        3,875        3,875,213  

 

 

Series 2013 A, RB

     5.00%       01/01/2038        3,045        3,045,167  

 

 

Series 2014 B, RB

     5.00%       01/01/2038          5,470        5,471,929  

 

 
                52,863,167  

 

 

Indiana–1.24%

          

Fishers Town Hall Building Corp.; Series 2023 A, RB (INS - BAM)(e)

     5.63%       07/15/2053        2,535        2,773,548  

 

 

Indiana (State of) Finance Authority (KIPP Indianapolis, Inc.); Series 2020 A, RB

     5.00%       07/01/2040        170        160,825  

 

 

Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.); Series 2012 A, RB

     4.25%       11/01/2030        2,110        2,121,754  

 

 

Indiana (State of) Finance Authority (US Steel Corp.); Series 2012, RB(h)

     5.75%       08/01/2042        245        245,012  

 

 

Valparaiso (City of), IN (Pratt Paper, LLC); Series 2013, RB(h)

     6.75%       01/01/2034        1,500        1,502,355  

 

 

Whiting (City of), IN (BP Products North America, Inc.); Series 2015, RB(c)(h)

     4.40%       06/10/2031        630        633,409  

 

 
             7,436,903  

 

 

Iowa–1.41%

          

Iowa (State of) Board of Regents (University of Iowa Hospital & Clinics);
Series 2022 B, RB

     3.00%       09/01/2056        635        442,534  

 

 

Iowa (State of) Finance Authority (Alcoa, Inc.); Series 2012, RB

     4.75%       08/01/2042        2,285        2,184,016  

 

 

Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB(c)

     5.00%       12/01/2042        2,795        2,796,991  

 

 

Iowa (State of) Tobacco Settlement Authority; Series 2021 B-1, Ref. RB

     4.00%       06/01/2049        1,200        1,166,322  

 

 

PEFA, Inc.; Series 2019, RB(c)

     5.00%       09/01/2026        1,835        1,861,905  

 

 
             8,451,768  

 

 

Kentucky–1.29%

          

Henderson (City of), KY (Pratt Paper LLC); Series 2022 A, RB(f)(h)

     4.70%       01/01/2052        685        633,744  

 

 

Kentucky (Commonwealth of) Economic Development Finance Authority (Catholic Health Initiatives); Series 2011 B, RB (SIFMA Municipal Swap Index
+ 1.40%)(c)(o)

     4.70%       02/01/2025        720        720,597  

 

 

Kentucky (Commonwealth of) Economic Development Finance Authority (Louisville Arena Authority, Inc.); Series 2017 A, Ref. RB (INS - AGM)(e)

     5.00%       12/01/2047        540        540,128  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
      Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Kentucky–(continued)

          

Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway);

          

Series 2015 A, RB

     5.00%       07/01/2037      $  1,130      $ 1,138,474  

 

 

Series 2015 A, RB

     5.00%       07/01/2040        1,005        1,008,247  

 

 

Series 2015 A, RB

     5.00%       01/01/2045        1,365        1,365,522  

 

 

Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.);

          

Series 2017 A, Ref. RB

     5.25%       06/01/2041        1,290        1,292,395  

 

 

Series 2017 A, Ref. RB

     5.00%       06/01/2045          1,035        1,033,166  

 

 
                  7,732,273  

 

 

Louisiana–0.83%

          

Jefferson (Parish of), LA Sales Tax District; Series 2019 B, RB (INS - AGM)(e)

     4.00%       12/01/2042        1,000        981,460  

 

 

Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (St. John the Baptist); Series 2019, RB(f)

     3.90%       11/01/2044        840        720,976  

 

 

New Orleans (City of), LA Aviation Board; Series 2015 A, RB

     5.00%       01/01/2045        2,735        2,746,433  

 

 

New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System); Series 2018 A, RB (INS - AGM)(e)

     5.00%       10/01/2048        505        519,047  

 

 
             4,967,916  

 

 

Maryland–0.69%

          

Brunswick (City of), MD (Brunswick Crossing); Series 2019, RB

     5.00%       07/01/2036        399        402,017  

 

 

Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health); Series 2017 A, RB

     5.00%       05/15/2045        1,035        1,046,942  

 

 

Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University); Series 2021, Ref. RB

     4.00%       06/01/2051        415        366,259  

 

 

Maryland Economic Development Corp. (Green Bonds); Series 2022, RB(h)

     5.25%       06/30/2052        1,565        1,590,228  

 

 

Prince George’s (County of), MD (Collington Episcopal Life Care Community, Inc.); Series 2017, Ref. RB

     5.00%       04/01/2028        750        741,349  

 

 
             4,146,795  

 

 

Massachusetts–1.94%

          

Massachusetts (Commonwealth of); Series 2023, RB

     5.00%       06/01/2053        4,670        5,025,006  

 

 

Massachusetts (Commonwealth of) (Rail Enhancement Program) (Sustainability Bonds); Series 2022, RB

     5.00%       06/01/2050        1,345        1,432,402  

 

 

Massachusetts (Commonwealth of) Development Finance Agency (Atrius Health); Series 2015, Ref. RB

     5.00%       01/01/2041        1,225        1,229,006  

 

 

Massachusetts (Commonwealth of) Development Finance Agency (Boston Medical Center); Series 2023, Ref. RB

     5.25%       07/01/2048        1,470        1,542,204  

 

 

Massachusetts (Commonwealth of) Development Finance Agency (Milford Regional Medical Center); Series 2020, Ref. RB(f)

     5.00%       07/15/2037        245        228,257  

 

 

Massachusetts (Commonwealth of) Port Authority;

          

Series 2019 A, Ref. RB(h)

     5.00%       07/01/2040        1,000        1,040,130  

 

 

Series 2021 E, RB(h)

     5.00%       07/01/2046        1,075        1,111,619  

 

 
     11,608,624  

 

 

Michigan–5.78%

          

Academy of Warren; Series 2020 A, RB(f)

     5.50%       05/01/2050        250        218,059  

 

 

Detroit (City of), MI; Series 2018, GO Bonds

     5.00%       04/01/2035        670        692,096  

 

 

Detroit (City of), MI Downtown Development Authority (Catalyst Development);

          

Series 2018 A, Ref. RB (INS - AGM)(e)

     5.00%       07/01/2038        1,000        1,003,524  

 

 

Series 2018 A, Ref. RB (INS - AGM)(e)

     5.00%       07/01/2048        1,150        1,151,656  

 

 

Grand Rapids Economic Development Corp. (Beacon Hill at Eastgate); Series 2017 A, Ref. RB

     5.00%       11/01/2047        690        558,101  

 

 

Michigan (State of);

          

Series 2023, RB

     5.00%       11/15/2046        3,425        3,758,425  

 

 

Series 2023, RB

     5.50%       11/15/2049        3,170        3,597,798  

 

 

Michigan (State of) Building Authority (Facilities Program); Series 2016 I, RB(i)

     5.00%       04/15/2041        2,925        2,996,118  

 

 

Michigan (State of) Finance Authority (Detroit Water & Sewerage Department);

          

Series 2014 C-3, RB (INS - AGM)(e)

     5.00%       07/01/2030        2,785        2,800,642  

 

 

Series 2014 C-6, Ref. RB

     5.00%       07/01/2033        640        642,870  

 

 

Series 2014 D-1, Ref. RB (INS - AGM)(e)

     5.00%       07/01/2035        1,250        1,254,546  

 

 

Series 2014 D-4, Ref. RB

     5.00%       07/01/2029        640        643,776  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

Michigan–(continued)

           

Michigan (State of) Finance Authority (Landmark Academy);

           

Series 2020, Ref. RB

     5.00%        06/01/2035      $ 170      $ 157,494  

 

 

Series 2020, Ref. RB

     5.00%        06/01/2045        495        426,033  

 

 

Michigan (State of) Finance Authority (Trinity Health Credit Group);

           

Series 2017 MI, RB(b)(i)(k)

     5.00%        12/01/2046        3,980        4,023,817  

 

 

Series 2017, Ref. RB

     4.00%        12/01/2040        870        855,763  

 

 

Michigan (State of) Housing Development Authority; Series 2023 A, RB

     5.10%        10/01/2053        1,985        2,069,919  

 

 

Michigan (State of) Strategic Fund (Green Bonds); Series 2021, RB(c)(h)

     4.00%        10/01/2026        2,670        2,616,117  

 

 

Michigan (State of) Strategic Fund (I-75 Improvement Project); Series 2018, RB(h)

     5.00%        12/31/2032        750        784,571  

 

 

Regents of the University of Michigan; Series 2012 B, VRD RB(l)

     2.00%        04/01/2042        3,085        3,085,000  

 

 

Wayne (County of), MI Airport Authority (Detroit Metropolitan Wayne County Airport); Series 2017 B, RB(h)

     5.00%        12/01/2047          1,250        1,267,477  

 

 
                 34,603,802  

 

 

Minnesota–0.34%

           

Bethel (City of), MN (Spectrum High School);

           

Series 2017 A, Ref. RB

     4.25%        07/01/2047        310        240,383  

 

 

Series 2017 A, Ref. RB

     4.38%        07/01/2052        500        381,231  

 

 

Duluth (City of), MN Economic Development Authority (Essentia Health Obligated Group); Series 2018, Ref. RB

     5.00%        02/15/2048        615        619,627  

 

 

St. Paul (City of), MN Housing & Redevelopment Authority (Higher Ground Academy); Series 2023, Ref. RB

     5.50%        12/01/2057        500        487,983  

 

 

St. Paul (City of), MN Housing & Redevelopment Authority (Hope Community Academy); Series 2020, RB

     5.00%        12/01/2055        430        313,941  

 

 
              2,043,165  

 

 

Mississippi–0.11%

           

Mississippi Business Finance Corp. (System Energy Resources, Inc.); Series 2021, RB

     2.38%        06/01/2044        1,135        668,035  

 

 

Missouri–2.07%

           

Kansas City (City of), MO Industrial Development Authority (Downtown Redevelopment District);
Series 2011 A, Ref. RB

     5.50%        09/01/2028        2,290        2,294,436  

 

 

Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport);

           

Series 2019 B, RB(h)

     5.00%        03/01/2046        4,815        4,866,703  

 

 

Series 2019 B, RB (INS - AGM)(e)(h)

     5.00%        03/01/2049        1,020        1,035,723  

 

 

Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights);
Series 2017 A, Ref. RB

     5.25%        05/15/2050        520        383,411  

 

 

Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services); Series 2014, RB

     5.00%        02/01/2035        1,000        991,502  

 

 

Series 2019, Ref. RB

     5.00%        02/01/2048        335        304,825  

 

 

St. Louis (County of), MO Industrial Development Authority (Friendship Village West County);
Series 2018 A, RB

     5.00%        09/01/2038        1,885        1,735,001  

 

 

Taney (County of), MO Industrial Development Authority (Big Cedar Infrastructure); Series 2023, RB(f)

     6.00%        10/01/2049        780        759,957  

 

 
              12,371,558  

 

 

Nebraska–1.67%

           

Central Plains Energy Project (No. 3);

           

Series 2017 A, Ref. RB

     5.00%        09/01/2034        210        224,253  

 

 

Series 2017 A, Ref. RB

     5.00%        09/01/2042        3,815        3,974,798  

 

 

Central Plains Energy Project (No. 5); Series 2022-1, RB(c)

     5.00%        10/01/2029        860        885,395  

 

 

Douglas (County of), NE Hospital Authority No. 2 (Madonna Rehabilitation Hospital); Series 2014, RB

     5.00%        05/15/2036        1,500        1,503,971  

 

 

Nebraska Investment Finance Authority; Series 2023 G, RB (CEP - GNMA)

     5.35%        09/01/2048        1,070        1,106,696  

Omaha (City of), NE Public Power District; Series 2022, RB(i)(k)

     5.25%        02/01/2052        2,125        2,320,011  

 

 
              10,015,124  

 

 

Nevada–1.65%

           

Clark (County of), NV Water Reclamation District; Series 2023, GO Bonds

     5.00%        07/01/2053        5,405        5,778,793  

 

 

Las Vegas Valley Water District; Series 2022 A, GO Bonds

     4.00%        06/01/2044        3,760        3,715,632  

 

 

Sparks (City of), NV (Tourism Improvement District No. 1); Series 2019 A, Ref. RB(f)

     2.75%        06/15/2028        395        371,278  

 

 
              9,865,703  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

New Hampshire–0.88%

           

New Hampshire (State of) Business Finance Authority; Series 2020-1A, RB

     4.13%        01/20/2034      $ 307      $ 295,990  

 

 

New Hampshire (State of) Business Finance Authority (Social Bonds);
Series 2022-1A, RB

     4.38%        09/20/2036        1,675        1,637,629  

 

 

New Hampshire (State of) Health and Education Facilities Authority;
Series 2020 A, RB

     5.00%        08/01/2059        1,125        1,165,471  

 

 

New Hampshire (State of) Housing Finance Authority;

           

Series 2023 D, RB (CEP - GNMA)

     4.80%        07/01/2043        1,090        1,104,834  

 

 

Series 2023 D, RB (CEP - GNMA)

     5.13%        07/01/2053        1,045        1,062,799  

 

 
              5,266,723  

 

 

New Jersey–3.91%

           

New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.);

           

Series 1999, RB(h)

     5.25%        09/15/2029        460        460,249  

 

 

Series 2012, RB(h)

     5.75%        09/15/2027        450        450,087  

 

 

New Jersey (State of) Economic Development Authority (Social Bonds); Series 2021 QQQ, RB

     4.00%        06/15/2035        700        718,805  

 

 

New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement);

           

Series 2013, RB(h)

     5.13%        01/01/2034        1,250        1,250,216  

 

 

Series 2013, RB(h)

     5.38%        01/01/2043        2,620        2,622,033  

 

 

New Jersey (State of) Health Care Facilities Financing Authority (Inspira Health Obligated Group); Series 2017, RB

     4.00%        07/01/2047        3,910        3,570,926  

 

 

New Jersey (State of) Transportation Trust Fund Authority;

           

Series 2015 AA, RB

     5.25%        06/15/2033        1,545        1,583,662  

 

 

Series 2015 AA, RB

     4.75%        06/15/2035        655        665,482  

 

 

Series 2018 A, RN(i)(k)

     5.00%        06/15/2029        1,625        1,694,280  

 

 

Series 2018 A, RN(i)(k)

     5.00%        06/15/2030        555        578,337  

 

 

Series 2018 A, RN(i)(k)

     5.00%        06/15/2031        1,020        1,062,006  

 

 

Series 2021 A, Ref. RB

     5.00%        06/15/2033        505        566,662  

 

 

Series 2022, RB

     5.25%        06/15/2046        1,455        1,565,416  

 

 

Tobacco Settlement Financing Corp.;

           

Series 2018 A, Ref. RB

     5.00%        06/01/2046        2,990        3,007,894  

 

 

Series 2018 A, Ref. RB

     5.25%        06/01/2046        1,710        1,744,212  

 

 

Series 2018 B, Ref. RB

     5.00%        06/01/2046          1,880        1,885,235  

 

 
                 23,425,502  

 

 

New Mexico–0.51%

           

New Mexico (State of) Finance Authority; Series 2023 A-2, RB

     5.25%        06/01/2053        3,010        3,050,354  

 

 

New York–22.75%

           

Build NYC Resource Corp. (Brooklyn Navy Yard); Series 2019, Ref. RB(f)(h)

     5.25%        12/31/2033        400        353,415  

 

 

Erie Tobacco Asset Securitization Corp.; Series 2005 A, RB

     5.00%        06/01/2045        2,775        2,565,126  

 

 

Hudson Yards Infrastructure Corp.; Series 2017 A, Ref. RB

     4.00%        02/15/2044        2,570        2,505,921  

 

 

Metropolitan Transportation Authority (Green Bonds);

           

Series 2017 C-1, Ref. RB

     4.00%        11/15/2038        550        539,661  

 

 

Series 2020 A-1, RB (INS - AGM)(e)

     4.00%        11/15/2041        2,035        1,979,669  

 

 

Series 2020 A-1, RB (INS - BAM)(e)

     4.00%        11/15/2053        400        366,043  

 

 

Series 2020 C-1, RB

     5.25%        11/15/2055        1,365        1,411,549  

 

 

New York & New Jersey (States of) Port Authority;

           

Series 2020 221, RB(h)

     4.00%        07/15/2055        2,390        2,147,157  

 

 

Two Hundred Fifth Series 2017, Ref. RB

     5.25%        11/15/2057        1,675        1,739,044  

 

 

New York (City of), NY;

           

Series 2020 C, GO Bonds

     5.00%        08/01/2043        2,515        2,697,823  

 

 

Series 2022-XM1009, RB(i)

     5.25%        05/01/2041        2,500        2,800,557  

 

 

Series 2023 A, GO Bonds

     5.00%        08/01/2046        1,250        1,358,193  

 

 

Subseries 2022 D-1, RB(i)

     5.25%        05/01/2039        1,320        1,492,483  

 

 

Subseries 2023 E-1, GO Bonds

     5.25%        04/01/2047        1,535        1,692,792  

 

 

New York (City of), NY Municipal Water Finance Authority;

           

Series 2012, VRD RB(l)

     3.25%        06/15/2046        5,160        5,160,000  

 

 

Series 2020 BB-1, RB

     4.00%        06/15/2050        1,705        1,666,388  

 

 

Series 2020 BB-1, RB

     5.00%        06/15/2050        3,440        3,651,573  

 

 

Series 2020, Ref. RB

     5.00%        06/15/2050        1,735        1,841,709  

 

 

Series 2021, VRD RB(l)

     1.90%        06/15/2045        3,440        3,440,000  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
       Maturity  
Date
       Principal  
Amount
(000)
     Value  

 

 

New York–(continued)

           

New York (City of), NY Transitional Finance Authority;

           

Series 2019 B-1, RB

     4.00%        11/01/2045      $ 875      $ 861,099  

 

 

Series 2021 B-1, RB

     4.00%        08/01/2045        2,145        2,108,938  

 

 

Series 2023 F-1, RB

     4.00%        02/01/2051        2,585        2,497,437  

 

 

Series 2024 B, RB

     4.38%        05/01/2053        2,235        2,242,778  

 

 

Subseries 2013, RB

     5.00%        11/01/2038        10,155           10,159,657  

 

 

New York (State of) Dormitory Authority;

           

Series 2009 C, RB (INS - AGC)(e)

     5.00%        10/01/2024        225        225,373  

 

 

Series 2018 A, Ref. RB

     5.25%        03/15/2039        1,265        1,353,770  

 

 

Series 2018 E, RB(i)

     5.00%        03/15/2046        5,850        6,126,681  

 

 

New York (State of) Dormitory Authority (Catholic Health System Obligated Group);

           

Series 2019 A, Ref. RB

     4.00%        07/01/2040        650        471,713  

 

 

Series 2019 A, Ref. RB

     5.00%        07/01/2041        700        561,460  

 

 

New York (State of) Dormitory Authority (Memorial Sloan Kettering Cancer); Series 2022 1-B, RB

     4.00%        07/01/2051        3,710        3,504,891  

 

 

New York (State of) Power Authority; Series 2020 A, RB(i)

     4.00%        11/15/2045        3,740        3,701,074  

 

 

New York (State of) Power Authority (Green Bonds); Series 2020, RB(i)

     4.00%        11/15/2055        4,265        4,109,641  

 

 

New York (State of) Power Authority (Green Transmission) (Green Bonds);
Series 2023, RB (INS - AGM)(e)

     5.00%        11/15/2053        1,775        1,901,718  

 

 

New York (State of) Thruway Authority;

           

Series 2019 B, RB

     4.00%        01/01/2050        5,505        5,073,072  

 

 

Series 2019 B, RB (INS - AGM)(e)(i)(k)

     4.00%        01/01/2050        2,670        2,587,943  

 

 

New York (State of) Thruway Authority (Group 3); Series 2021 A-1, Ref. RB

     4.00%        03/15/2046        2,535        2,508,090  

 

 

New York City Housing Development Corp. (Sustainable Development Bonds);
Series 2023, RB

     4.80%        02/01/2053        1,290        1,318,297  

 

 

New York Counties Tobacco Trust IV; Series 2005 A, RB

     5.00%        06/01/2045        290        266,035  

 

 

New York Counties Tobacco Trust VI; Series 2016 A-1, Ref. RB

     5.75%        06/01/2043        3,240        3,309,412  

 

 

New York Liberty Development Corp. (3 World Trade Center); Series 2014, Class 1, Ref. RB(f)

     5.00%        11/15/2044        5,880        5,730,829  

 

 

New York State Urban Development Corp. (Bidding Group 3); Series 2021 A, Ref. RB

     4.00%        03/15/2045        3,410        3,320,648  

 

 

New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport);

           

Series 2020, Ref. RB(h)

     5.25%        08/01/2031        530        544,823  

 

 

Series 2020, Ref. RB(h)

     5.38%        08/01/2036        965        969,480  

 

 

Series 2023, RB(h)

     5.38%        06/30/2060        2,205        2,206,945  

 

 

New York Transportation Development Corp. (American Airlines, Inc.);

           

Series 2016, Ref. RB(h)

     5.00%        08/01/2026        1,085        1,085,041  

 

 

Series 2016, Ref. RB(h)

     5.00%        08/01/2031        1,360        1,359,909  

 

 

New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminals C&D Redevelopment);

           

Series 2018, RB(h)

     5.00%        01/01/2033        2,145        2,172,733  

 

 

Series 2018, RB(h)

     5.00%        01/01/2034        2,375        2,403,935  

 

 

Series 2018, RB(h)

     5.00%        01/01/2036        1,910        1,923,365  

 

 

Series 2020, RB(h)

     5.00%        10/01/2035        250        255,042  

 

 

Series 2020, RB(h)

     5.00%        10/01/2040        2,045        2,036,685  

 

 

Series 2020, RB(h)

     4.38%        10/01/2045        1,195        1,078,728  

 

 

New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment);

           

Series 2016 A, RB(h)

     5.00%        07/01/2046        3,310        3,281,350  

 

 

Series 2016 A, RB(h)

     5.25%        01/01/2050        1,810        1,810,043  

 

 

New York Transportation Development Corp. (Terminal 4 JFK International Airport);

           

Series 2022, RB(h)

     5.00%        12/01/2036        1,005        1,057,945  

 

 

Series 2022, RB(h)

     5.00%        12/01/2038        610        636,295  

 

 

Onondaga (County of), NY Trust for Cultural Resources (Syracuse University);
Series 2019, Ref. RB

     4.00%        12/01/2047        890        876,163  

 

 

Rockland Tobacco Asset Securitization Corp.; Series 2001, RB

     5.75%        08/15/2043        1,775        1,802,166  

 

 

Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels);

           

Series 2020 A, RB

     5.00%        11/15/2054        765        807,269  

 

 

Series 2021 A, RB

     5.00%        11/15/2056        1,145        1,210,665  

 

 

Series 2022, RB(i)

     5.00%        05/15/2051        3,135        3,318,275  

 

 

TSASC, Inc.; Series 2016 B, Ref. RB

     5.00%        06/01/2045        2,290        2,033,134  

 

 
              136,219,650  

 

 

North Carolina–0.79%

           

Charlotte-Mecklenburg Hospital Authority (The) (Atrium Health); Series 2018 G, VRD RB(l)

     2.10%        01/15/2048        465        465,000  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
     Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

North Carolina–(continued)

           

Greater Asheville Regional Airport Authority;

           

Series 2023, RB (INS - AGM)(e)(h)

     5.00%        07/01/2036      $ 375      $ 408,183  

 

 

Series 2023, RB (INS - AGM)(e)(h)

     5.00%        07/01/2038        840        894,283  

 

 

Series 2023, RB (INS - AGM)(e)(h)

     5.25%        07/01/2039        350        381,130  

 

 

North Carolina (State of) Housing Finance Agency (Social Bonds); Series 2023, RB (CEP - GNMA)

     4.90%        07/01/2043        990        1,013,278  

 

 

Raleigh (City of), NC Combined Enterprise System; Series 2023, Ref. RB

     4.00%        09/01/2053          1,575        1,543,145  

 

 
                   4,705,019  

 

 

North Dakota–0.57%

           

Ward (County of), ND (Trinity Obligated Group);

           

Series 2017 C, RB

     5.00%        06/01/2048        2,400        1,977,166  

 

 

Series 2017 C, RB

     5.00%        06/01/2053        1,780        1,408,545  

 

 
              3,385,711  

 

 

Ohio–5.46%

           

Akron, Bath & Copley Joint Township Hospital District (Summa Health Obligated Group); Series 2016, Ref. RB

     5.25%        11/15/2046        2,695        2,707,715  

 

 

Buckeye Tobacco Settlement Financing Authority;

           

Series 2020 A-2, Ref. RB

     4.00%        06/01/2048        5,380        4,714,516  

 

 

Series 2020 B-2, Ref. RB

     5.00%        06/01/2055        7,995        7,063,917  

 

 

Series 2020 B-3, Ref. RB(g)

     0.00%        06/01/2057        8,765        900,841  

 

 

Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Constellation Schools); Series 2014 A, Ref. RB(f)

     6.50%        01/01/2034        1,150        1,150,066  

 

 

Cleveland (City of), OH (Continental Airlines, Inc.); Series 1998, RB(h)

     5.38%        09/15/2027        815        815,050  

 

 

Columbus (City of) & Franklin (County of), OH Finance Authority (Easton); Series 2020, RB(f)

     5.00%        06/01/2028        650        648,522  

 

 

Cuyahoga (County of), OH (MetroHealth System);

           

Series 2017, Ref. RB

     5.25%        02/15/2047        1,190        1,195,725  

 

 

Series 2017, Ref. RB

     5.50%        02/15/2052        865        875,381  

 

 

Franklin (County of), OH (Nationwide Children’s Hospital); Series 2019, RB

     5.00%        11/01/2048        1,380        1,482,581  

 

 

Hamilton (County of), OH (Cincinnati Children’s Hospital); Series 2019 CC, RB

     5.00%        11/15/2049        1,685        1,833,977  

 

 

Hamilton (County of), OH (Life Enriching Communities); Series 2016, Ref. RB

     5.00%        01/01/2046        2,525        2,254,998  

 

 

Montgomery (County of), OH (Trousdale Foundation Properties); Series 2018 A, RB(d)(f)

     6.00%        04/01/2038        1,440        417,600  

 

 

Muskingum (County of), OH (Genesis Healthcare System); Series 2013, RB

     5.00%        02/15/2044        1,935        1,778,838  

 

 

Ohio (State of); Series 2014, Ref. VRD RB(l)

     3.80%        01/15/2045        2,000        2,000,000  

 

 

Ohio (State of) (University Hospitals Health System, Inc.); Series 2020 A, Ref. RB

     4.00%        01/15/2050        2,555        2,285,578  

 

 

Ohio (State of) Air Quality Development Authority (Pratt Paper LLC); Series 2017,
RB(f)(h)

     4.25%        01/15/2038        600        567,601  

 

 
              32,692,906  

 

 

Oklahoma–1.31%

           

Oklahoma (State of) Development Finance Authority (OU Medicine);

           

Series 2018 B, RB

     5.50%        08/15/2052        3,860        3,737,579  

 

 

Series 2018 B, RB

     5.50%        08/15/2057        1,255        1,205,105  

 

 

Oklahoma (State of) Development Finance Authority (Provident Oklahoma Education Resources, Inc.-Cross Village Student Housing); Series 2017, RB(d)

     5.00%        08/01/2052        1,990        1,990  

 

 

Oklahoma (State of) Turnpike Authority; Series 2023, RB

     5.50%        01/01/2053        1,205        1,332,424  

 

 

Oklahoma (State of) Water Resources Board (2019 Master Trust);

           

Series 2023, RB

     4.00%        04/01/2048        730        720,858  

 

 

Series 2023, RB

     4.13%        04/01/2053        905        868,506  

 

 
              7,866,462  

 

 

Ontario–0.14%

           

Affordable Housing Tax-Exempt Bond Pass-Thru Trust; Series 2023-1, RB(f)

     6.00%        10/05/2040        853        853,673  

 

 

Oregon–1.23%

           

Clackamas (County of), OR Hospital Facility Authority (Rose Villa); Series 2020 A,
Ref. RB

     5.38%        11/15/2055        510        453,053  

 

 

Oregon (State of); Series 2019, GO Bonds(i)(k)

     5.00%        08/01/2044        3,410        3,641,641  

 

 

Portland (Port of), OR (Green Bonds); Twenty Ninth Series 2023, RB(h)

     5.50%        07/01/2053        1,455        1,570,852  

 

 

Portland (Port of), OR (Portland International Airport); Series 2022 28, RB(h)

     5.00%        07/01/2052        1,635        1,686,029  

 

 
              7,351,575  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
     Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

Pennsylvania–3.50%

           

Allegheny (County of), PA Airport Authority (Pittsburgh Airport); Series 2023 A, RB (INS - AGM)(e)(h)

     5.50%        01/01/2048      $ 1,395      $ 1,509,914  

 

 

Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue); Series 2018 A, Ref. RB

     4.00%        04/01/2044        855        797,462  

 

 

Coatesville School District; Series 2020 A, GO Bonds (INS - BAM)(e)(g)

     0.00%        10/01/2036        700        405,009  

 

 

Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.); Series 2018, Ref. RB

     5.00%        12/01/2027        750        720,897  

 

 

Lancaster (County of), PA Hospital Authority (Penn State Health);

           

Series 2021, RB

     5.00%        11/01/2046        525        539,255  

 

 

Series 2021, RB

     5.00%        11/01/2051        695        712,815  

 

 

Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges);

           

Series 2022, RB(h)

     5.25%        06/30/2053        2,055        2,122,686  

 

 

Series 2022, RB (INS - AGM)(e)(h)

     5.00%        12/31/2057        1,025        1,036,891  

 

 

Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC);

           

Series 2021 A, Ref. RB

     4.00%        10/15/2037        685        684,652  

 

 

Series 2023 A-2, RB

     4.00%        05/15/2048        555        506,813  

 

 

Pennsylvania (Commonwealth of) Turnpike Commission;

           

Series 2014 A, RB

     4.75%        12/01/2037        1,010        1,035,910  

 

 

Series 2014 A-2, RB(j)

     5.13%        12/01/2039        1,000        1,013,900  

 

 

Series 2019 A, RB

     5.00%        12/01/2049        225        234,525  

 

 

Series 2020 B, RB

     5.00%        12/01/2050        610        643,154  

 

 

Series 2021 A, RB

     4.00%        12/01/2050        1,275        1,197,192  

 

 

Philadelphia (City of), PA;

           

Series 2017 B, Ref. RB(h)

     5.00%        07/01/2042        3,200        3,264,695  

 

 

Series 2017 B, Ref. RB(h)

     5.00%        07/01/2047        1,380        1,397,396  

 

 

Series 2021, Ref. RB (INS - AGM)(e)(h)

     4.00%        07/01/2039        1,000        973,237  

 

 

Philadelphia (City of), PA Authority for Industrial Development (St. Joseph’s University); Series 2022, RB

     5.50%        11/01/2060          1,705        1,792,087  

 

 

Philadelphia (City of), PA Authority for Industrial Development (String Theory Charter School); Series 2020, Ref. RB(f)

     5.00%        06/15/2050        405        365,941  

 

 
                 20,954,431  

 

 

Puerto Rico–5.75%

           

Children’s Trust Fund;

           

Series 2002, RB

     5.50%        05/15/2039        3,040        3,047,682  

 

 

Series 2002, RB

     5.63%        05/15/2043        1,520        1,537,258  

 

 

Series 2005 A, RB(g)

     0.00%        05/15/2050        6,050        1,114,197  

 

 

Series 2005 B, RB(g)

     0.00%        05/15/2055        2,600        276,869  

 

 

Series 2008 A, RB(g)

     0.00%        05/15/2057        15,290        1,130,003  

 

 

Series 2008 B, RB(g)

     0.00%        05/15/2057        38,355        2,148,655  

 

 

Puerto Rico (Commonwealth of);

           

Series 2021 A-1, GO Bonds

     5.63%        07/01/2027        1,195        1,248,923  

 

 

Series 2021 A-1, GO Bonds

     4.00%        07/01/2035        1,280        1,173,787  

 

 

Series 2021 A-1, GO Bonds

     4.00%        07/01/2037        1,000        895,877  

 

 

Series 2021 A-1, GO Bonds

     4.00%        07/01/2041        615        532,553  

 

 

Subseries 2022, RN

     0.00%        11/01/2043        759        395,637  

 

 

Subseries 2022, RN

     0.00%        11/01/2051        1,440        756,243  

 

 

Puerto Rico (Commonwealth of) Electric Power Authority;

           

Series 2007 VV, Ref. RB (INS - NATL)(e)

     5.25%        07/01/2032        1,825        1,804,656  

 

 

Series 2007 VV, Ref. RB (INS - NATL)(e)

     5.25%        07/01/2033        750        744,236  

 

 

Series 2007 VV, Ref. RB (INS - NATL)(e)

     5.25%        07/01/2035        660        648,193  

 

 

Puerto Rico (Commonwealth of) Highway & Transportation Authority; Series 2022 A, RB

     5.00%        07/01/2062        1,710        1,692,900  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
    Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

Puerto Rico–(continued)

          

Puerto Rico Sales Tax Financing Corp.;

          

Series 2018 A-1, RB(g)

     0.00%       07/01/2027      $ 455      $ 392,998  

 

 

Series 2018 A-1, RB(g)

     0.00%       07/01/2029        1,525        1,206,212  

 

 

Series 2018 A-1, RB(g)

     0.00%       07/01/2033          2,495        1,635,479  

 

 

Series 2018 A-1, RB(g)

     0.00%       07/01/2046        8,440             2,490,584  

 

 

Series 2018 A-1, RB(g)

     0.00%       07/01/2051        11,005        2,394,250  

 

 

Series 2018 A-1, RB

     4.75%       07/01/2053        1,365        1,291,798  

 

 

Series 2018 A-1, RB

     5.00%       07/01/2058        4,815        4,680,564  

 

 

Series 2019 A-2, RB

     4.33%       07/01/2040        1,250        1,186,308  

 

 
             34,425,862  

 

 

Rhode Island–0.55%

          

Tobacco Settlement Financing Corp.;

          

 

 

Series 2015 A, Ref. RB

     5.00%       06/01/2035        1,105        1,118,152  

 

 

Series 2015 B, Ref. RB

     5.00%       06/01/2050        2,210        2,164,421  

 

 
             3,282,573  

 

 

South Carolina–0.51%

          

Patriots Energy Group Financing Agency; Series 2023 A-1, RB(c)

     5.25%       08/01/2031        2,020        2,126,063  

 

 

South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes); Series 2013, RB

     5.00%       05/01/2028        1,000        954,269  

 

 
             3,080,332  

 

 

South Dakota–1.11%

          

South Dakota (State of) Health & Educational Facilities Authority (Avera Health); Series 2017, Ref. RB

     5.00%       07/01/2046        2,080        2,102,735  

 

 

South Dakota (State of) Health & Educational Facilities Authority (Sanford Obligated Group); Series 2014 B, RB

     5.00%       11/01/2044        2,240        2,248,331  

 

 

South Dakota (State of) Housing Development Authority;

          

Series 2023 G, RB (CEP - GNMA)

     4.90%       11/01/2043        1,100        1,125,373  

 

 

Series 2023 G, RB (CEP - GNMA)

     5.13%       05/01/2049        1,140        1,161,044  

 

 
             6,637,483  

 

 

Tennessee–4.12%

          

Chattanooga (City of), TN Health, Educational & Housing Facility Board (CommonSpirit Health); Series 2019 A-2, Ref. RB

     5.00%       08/01/2049        1,275        1,285,820  

 

 

Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group); Series 2018 A, Ref. RB

     5.00%       07/01/2037        1,835        1,895,863  

 

 

Kingsport (City of), TN; Series 2023, GO Bonds

     4.13%       03/01/2053        2,125        2,057,046  

 

 

Knox (County of), TN & Knoxville (City of), TN Sports Authority (Multi-Use Stadium); Series 2023 A, RB

     6.00%       12/01/2054        2,125        2,421,793  

 

 

Knoxville (City of), TN; Series 2022 OO, RB

     4.00%       07/01/2052        3,235        3,098,874  

 

 

Memphis (City of) & Shelby (County of), TN Airport Authority; Series 2018, RB(h)

     5.00%       07/01/2043        1,245        1,269,661  

 

 

Metropolitan Nashville Airport Authority (The); Series 2019 B, RB(h)

     5.00%       07/01/2054        965        979,635  

 

 

Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities

          

 

 

Board (The) (Lipscomb University); Series 2019 A, Ref. RB

     5.00%       10/01/2036        1,000        1,025,707  

 

 

Shelby (County of), TN Health, Educational & Housing Facilities Board (Methodist Le Bonheur Healthcare); Series 2008, VRD RB (INS - AGM)(e)(l)

     2.15%       06/01/2042        8,000        8,000,000  

 

 

Tennessee Energy Acquisition Corp.; Series 2021 A, RB(c)

     5.00%       11/01/2031        2,555        2,653,635  

 

 
             24,688,034  

 

 

Texas–15.99%

          

Austin (City of), TX; Series 2022, RB(h)

     5.25%       11/15/2047        1,200        1,267,253  

 

 

Bay Area Toll Authority (San Francisco Bay Area); Series 2023, VRD RB (LOC - Barclays Bank PLC)(f)(l)(p)

     2.40%       06/01/2063        855        855,000  

 

 

Caddo Mills Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.25%       02/15/2053        1,150        1,133,194  

 

 

Central Texas Regional Mobility Authority;

          

Series 2020 A, Ref. RB

     5.00%       01/01/2049        985        1,005,455  

 

 

Series 2020 E, RB

     4.00%       01/01/2050        1,500        1,370,894  

 

 

Clifton Higher Education Finance Corp. (Idea Public Schools); Series 2021 T, RB (CEP - Texas Permanent School Fund)

     4.00%       08/15/2047        1,235        1,186,561  

 

 

Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB

     5.75%       08/15/2033        1,710        1,734,141  

 

 

Coppell Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.13%       08/15/2048        1,030        1,017,921  

 

 

Crowley Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.25%       02/01/2053        1,720        1,726,679  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
    Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

Texas–(continued)

          

Denton (County of), TX; Series 2023, Ref. GO Bonds

     4.00%       07/15/2048      $   4,325      $      4,212,896  

 

 

El Paso (City of), TX; Series 2022 A, RB

     4.00%       03/01/2048        3,100        2,979,120  

 

 

Forney Independent School District; Series 2022 B, GO Bonds (CEP - Texas Permanent School Fund)

     4.00%       08/15/2052        2,275        2,155,233  

 

 

Greater Texoma Utility Authority (City of Sherman);

          

Series 2023 A, RB (INS - BAM)(e)

     4.38%       10/01/2053        1,360        1,332,995  

 

 

Series 2023, RB (INS - AGM)(e)

     4.25%       10/01/2053        1,455        1,396,400  

 

 

Harris (County of), TX Toll Road Authority (The); Series 2021, Ref. RB

     4.00%       08/15/2050        1,315        1,272,184  

 

 

Harris County Industrial Development Corp. (Energy Transfer L.P.); Series 2023, Ref. RB(c)

     4.05%       06/01/2033        1,370        1,364,872  

 

 

Houston (City of), TX;

          

Series 2021 A, RB(h)

     4.00%       07/01/2036        1,250        1,248,238  

 

 

Series 2023 A, Ref. RB (INS - AGM)(e)(h)

     5.25%       07/01/2048        1,765        1,868,513  

 

 

Houston (City of), TX Airport System (United Airlines, Inc. Terminal E);

          

Series 2014, Ref. RB(h)

     4.75%       07/01/2024        575        574,720  

 

 

Series 2021 A, RB(h)

     4.00%       07/01/2041        600        506,615  

 

 

Houston (City of), TX Airport System (United Airlines, Inc.); Series 2018, RB(h)

     5.00%       07/15/2028        505        504,436  

 

 

Jarrell Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.25%       02/15/2053        1,420        1,423,983  

 

 

La Vernia Higher Education Finance Corp. (Meridian World School); Series 2015 A, RB(b)(c)(f)

     5.50%       08/15/2024        1,360        1,374,387  

 

 

Lamar Consolidated Independent School District; Series 2023, GO Bonds

     4.00%       02/15/2053        1,890        1,760,884  

 

 

Lockhart Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.13%       08/01/2053        1,250        1,218,771  

 

 

Lower Colorado River Authority (LCRA Transmission Services Corp.); Series 2022,
Ref. RB

     5.50%       05/15/2047        1,195        1,306,096  

 

 

Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB(f)(h)

     4.63%       10/01/2031        3,150        3,060,172  

 

 

Montgomery Independent School District;

          

Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.00%       02/15/2048        900        878,381  

 

 

Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.00%       02/15/2053        650        627,319  

 

 

New Hope Cultural Education Facilities Finance Corp. (4-K Housing, Inc.-Stoney Brook);

          

Series 2017 B, RB(d)

     4.75%       07/01/2042        1,115        446,000  

 

 

Series 2017 B, RB(d)

     5.00%       07/01/2052        595        238,000  

 

 

New Hope Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community);

          

Series 2021 A-1, RB

     7.50%       11/15/2037        75        56,792  

 

 

Series 2021, RB

     2.00%       11/15/2061        1,897        700,658  

 

 

New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community);

          

Series 2016, Ref. RB

     5.00%       07/01/2036        815        676,532  

 

 

Series 2016, Ref. RB

     5.00%       07/01/2046        665        481,946  

 

 

New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing College Station I, LLC - Texas A&M University); Series 2014 A, RB (INS - AGM)(e)

     5.00%       04/01/2046        535        523,381  

 

 

New Hope Cultural Education Facilities Finance Corp. (Children’s Health System of Texas); Series 2017 A, Ref. RB

     5.00%       08/15/2047        1,475        1,505,740  

 

 

New Hope Cultural Education Facilities Finance Corp. (Jubilee Academic Center);
Series 2021, Ref. RB(f)

     4.00%       08/15/2051        1,030        747,889  

 

 

New Hope Cultural Education Facilities Finance Corp. (Longhorn Village);

          

Series 2017, Ref. RB

     5.00%       01/01/2042        505        445,656  

 

 

Series 2017, Ref. RB

     5.00%       01/01/2047        630        539,210  

 

 

New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North);

          

Series 2018, Ref. RB

     5.00%       10/01/2028        1,005        963,753  

 

 

Series 2018, Ref. RB

     5.00%       10/01/2031        600        557,949  

 

 

Series 2020, RB

     5.25%       10/01/2055        2,550        1,914,209  

 

 

North East Texas Regional Mobility Authority; Series 2016 A, RB

     5.00%       01/01/2041        3,120        3,143,029  

 

 

Pasadena Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     5.00%       02/15/2048        1,675        1,816,247  

 

 

San Antonio (City of), TX; Series 2023 A, Ref. RB

     5.25%       02/01/2046        3,120        3,444,347  

 

 

Tarrant (County of), TX Hospital District;

          

Series 2023, GO Bonds

     4.25%       08/15/2048        820        805,006  

 

 

Series 2023, GO Bonds

     4.25%       08/15/2053        2,315        2,244,690  

 

 

Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group);

          

Series 2016, Ref. RB

     5.00%       05/15/2037        2,830        2,491,442  

 

 

Series 2016, Ref. RB

     5.00%       05/15/2045        1,380        1,112,036  

 

 

Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home);

          

Series 2007, RB (Acquired 12/19/2007; Cost $412,619)(d)(q)

     5.75%       02/15/2025        440        242,000  

 

 

Series 2017 A, RB(d)

     6.38%       02/15/2048        1,985        1,091,750  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
    Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

Texas–(continued)

          

Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks);

          

Series 2020, Ref. RB

     6.63%       11/15/2041      $ 85      $ 77,958  

 

 

Series 2020, Ref. RB

     6.75%       11/15/2051        85        75,075  

 

 

Series 2020, Ref. RB

     6.88%       11/15/2055        85        75,609  

 

 

Texas (State of); Series 2020, VRD GO Bonds(l)

     3.25%       12/01/2050          1,675             1,675,000  

 

 

Texas (State of) Transportation Commission; Series 2019, RB(g)

     0.00%       08/01/2042        2,290        909,332  

 

 

Texas (State of) Transportation Commission (Central Texas Turnpike System);

          

Series 2015 B, Ref. RB(g)

     0.00%       08/15/2036        3,555        2,050,015  

 

 

Series 2015 B, Ref. RB(g)

     0.00%       08/15/2037        1,210        655,007  

 

 

Series 2015 C, Ref. RB

     5.00%       08/15/2042        2,465        2,473,341  

 

 

Texas (State of) Water Development Board; Series 2023 A, RB

     4.88%       10/15/2048        2,535        2,705,850  

 

 

Texas City Independent School District; Series 2023, GO Bonds (CEP - Texas Permanent School Fund)

     4.00%       08/15/2053        1,455        1,411,908  

 

 

Texas Municipal Gas Acquisition & Supply Corp. I; Series 2008 D, RB

     6.25%       12/15/2026        2,715        2,805,292  

 

 

Texas Private Activity Bond Surface Transportation Corp.; Series 2023, Ref. RB(h)

     5.50%       06/30/2041        1,600        1,705,882  

 

 

Texas Private Activity Bond Surface Transportation Corp. (Blueridge Transportation Group, LLC SH 288 Toll Lanes); Series 2016, RB(h)

     5.00%       12/31/2055        1,170        1,171,591  

 

 

Texas Water Development Board; Series 2022, RB(i)

     5.00%       10/15/2047        3,405        3,696,843  

 

 

Travis County Cultural Education Facilities Finance Corp. (Wayside Schools);
Series 2012 A, RB

     5.25%       08/15/2042        10        9,322  

 

 

Waco (City of), TX; Series 2023 A, Ctfs. Of Obligation

     4.00%       02/01/2053        2,520        2,432,369  

 

 

Waller Consolidated Independent School District; Series 2023, GO Bonds (INS - BAM)(e)

     4.00%       02/15/2053        3,420        3,245,530  

 

 
             95,727,499  

 

 

Utah–1.48%

          

Black Desert Public Infrastructure District; Series 2021 A, GO Bonds(f)

     4.00%       03/01/2051        500        365,003  

 

 

Military Installation Development Authority; Series 2021 A-2, RB

     4.00%       06/01/2052        500        354,762  

 

 

Salt Lake City (City of), UT;

          

Series 2021 A, RB(h)

     5.00%       07/01/2046        855        883,015  

 

 

Series 2023 A, RB(h)

     5.50%       07/01/2053        2,960        3,195,686  

 

 

Utah (County of), UT (IHC Health Services, Inc.); Series 2016 B, RB

     4.00%       05/15/2047        2,070        1,903,405  

 

 

Utah (State of) Charter School Finance Authority (Ogden Preparatory Academy);
Series 2022 A, Ref. RB

     4.63%       10/15/2057        1,065        987,278  

 

 

Utah Telecommunication Open Infrastructure Agency; Series 2022, Ref. RB

     4.38%       06/01/2040        1,135        1,153,063  

 

 
             8,842,212  

 

 

Virginia–3.31%

          

Chesapeake (City of), VA Expressway; Series 2012 A, RB

     5.00%       07/15/2047        2,585        2,585,461  

 

 

Hampton (City of), VA Roads Transportation Accountability Commission; Series 2022 A, RB

     4.00%       07/01/2052        2,160        2,092,019  

 

 

Isle of Wight County Economic Development Authority; Series 2023, RB (INS - AGM)(e)

     5.25%       07/01/2053        1,385        1,461,242  

 

 

Peninsula Town Center Community Development Authority; Series 2018, Ref. RB(f)

     5.00%       09/01/2045        340        314,104  

 

 

Roanoke (City of), VA Economic Development Authority (Richfield Living); Series 2020, RB(d)

     5.00%       09/01/2050        335        190,950  

 

 

Virginia (Commonwealth of) Housing Development Authority;

          

Series 2023 C, RB

     4.88%       07/01/2048        1,000        1,008,029  

 

 

Series 2023 F, RB (CEP - Federal Housing Administration)

     5.25%       11/01/2053        1,185        1,217,327  

 

 

Virginia (Commonwealth of) Small Business Financing Authority (95 Express Lanes LLC); Series 2022, Ref. RB(h)

     5.00%       01/01/2037        2,895        3,027,925  

 

 

Virginia (Commonwealth of) Small Business Financing Authority (I-495 Hot Lanes);

          

Series 2022, Ref. RB(h)

     5.00%       12/31/2047        580        594,335  

 

 

Series 2022, Ref. RB(h)

     5.00%       12/31/2057        1,670        1,690,810  

 

 

Virginia (Commonwealth of) Small Business Financing Authority (Transform 66 P3);

          

Series 2017, RB(h)

     5.00%       12/31/2049        1,190        1,195,746  

 

 

Series 2017, RB(h)

     5.00%       12/31/2056        4,405        4,413,578  

 

 
             19,791,526  

 

 

Washington–2.81%

          

Seattle (City of), WA; Series 2022, Ref. RB

     5.00%       07/01/2052        2,535        2,696,626  

 

 

Tacoma (City of), WA; Series 2023, RB(i)

     4.00%       12/01/2047        2,830        2,731,473  

 

 

Washington (State of) (Bid Group 2); Series 2024 A, GO Bonds

     5.00%       08/01/2044        1,910        2,109,066  

 

 

Washington (State of) Convention Center Public Facilities District; Series 2018, RB

     5.00%       07/01/2048        3,555        3,621,863  

 

 

Washington (State of) Health Care Facilities Authority (Seattle Cancer Care Alliance); Series 2020, Ref. RB

     5.00%       09/01/2055        1,670        1,709,368  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


     Interest
Rate
    Maturity
Date
     Principal
Amount
(000)
     Value  

 

 

Washington–(continued)

          

Washington (State of) Housing Finance Commission (Bayview Manor Homes);

          

Series 2016 A, Ref. RB(f)

     5.00%       07/01/2046      $ 440      $ 336,370  

 

 

Series 2016 A, Ref. RB(f)

     5.00%       07/01/2051        365        268,967  

 

 

Washington (State of) Housing Finance Commission (Social Certificates);
Series 2021-1A, Revenue Ctfs.

     3.50%       12/20/2035        1,223        1,125,769  

 

 

Washington (State of) Tobacco Settlement Authority; Series 2013, Ref. RB

     5.25%       06/01/2033          2,250        2,207,195  

 

 
                16,806,697  

 

 

West Virginia–0.46%

          

Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District); Series 2020, Ref. RB(f)

     7.50%       06/01/2043        850        921,175  

 

 

West Virginia (State of) Hospital Finance Authority (West Virginia University Health System Obligated Group); Series 2023, RB

     4.25%       06/01/2047        1,820        1,808,344  

 

 
             2,729,519  

 

 

Wisconsin–4.47%

          

University of Wisconsin Hospitals & Clinics; Series 2018 B, Ref. VRD RB(l)

     2.10%       04/01/2048        1,720        1,720,000  

 

 

Wisconsin (State of) Center District;

          

Series 2020 D, RB (INS - AGM)(e)(g)

     0.00%       12/15/2050        6,645        1,854,363  

 

 

Series 2020 D, RB (INS - AGM)(e)(g)

     0.00%       12/15/2060        30,035        5,059,201  

 

 

Series 2022, RB(f)

     5.25%       12/15/2061        1,735        1,685,419  

 

 

Wisconsin (State of) Health & Educational Facilities Authority (Aspirus, Inc. Obligated Group); Series 2021, RB

     4.00%       08/15/2051        2,850        2,576,360  

 

 

Wisconsin (State of) Health & Educational Facilities Authority (Froedtert Health);
Series 2022 A, Ref. RB

     4.00%       04/01/2042        2,555        2,436,066  

 

 

Wisconsin (State of) Health & Educational Facilities Authority (Gundersen Health system); Series 2021 A, Ref. RB

     3.00%       10/15/2038        1,710        1,399,842  

 

 

Wisconsin (State of) Health & Educational Facilities Authority (Medical College of Wisconsin); Series 2022, Ref. RB

     4.00%       12/01/2051        1,565        1,439,791  

 

 

Wisconsin (State of) Public Finance Authority (American Dream at Meadowlands);

          

Series 2017, RB(d)(f)

     6.75%       08/01/2031        640        448,000  

 

 

Series 2017, RB(f)

     6.75%       12/01/2042        2,190        2,001,993  

 

 

Wisconsin (State of) Public Finance Authority (Explore Academy);

          

Series 2020 A, RB(f)

     6.13%       02/01/2050        425        363,966  

 

 

Series 2022 A, RB(f)

     6.13%       02/01/2050        460        393,940  

 

 

Wisconsin (State of) Public Finance Authority (Mallard Creek STEM Academy);
Series 2019 A, RB(f)

     5.13%       06/15/2039        630        597,335  

 

 

Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center); Series 2018 A-1, RB(f)

     6.38%       01/01/2048        665        408,975  

 

 

Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.);

          

Series 2018 A, RB

     5.20%       12/01/2037        1,710        1,728,757  

 

 

Series 2018 A, RB

     5.35%       12/01/2045        1,710        1,713,425  

 

 

Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences); Series 2015, Ref. RB

     5.75%       04/01/2035        895        907,443  

 

 
             26,734,876  

 

 

Wyoming–0.18%

          

University of Wyoming; Series 2021 C, RB (INS - AGM)(e)

     4.00%       06/01/2044        1,085        1,057,480  

 

 

Total Municipal Obligations (Cost $960,259,751)

             947,466,841  

 

 
                  Shares         

Exchange-Traded Funds–0.08%

          

Invesco Municipal Strategic Income ETF
(Cost $517,082)(r)

          10,149        504,675  

 

 

TOTAL INVESTMENTS IN SECURITIES(s)–158.35% (Cost $960,776,833)

             947,971,516  

 

 

FLOATING RATE NOTE OBLIGATIONS–(8.22)%

          

Notes with interest and fee rates ranging from 3.82% to 3.86% at 11/30/2023 and contractual maturities of collateral ranging from 06/15/2029 to 11/15/2055(t)

             (49,185,000

 

 

VARIABLE RATE MUNI TERM PREFERRED SHARES–(45.65)%

             (273,277,496

 

 

OTHER ASSETS LESS LIABILITIES–(4.48)%

             (26,863,960

 

 

NET ASSETS APPLICABLE TO COMMON SHARES–100.00%

           $ 598,645,060  

 

 

 

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

 

  Invesco Trust for Investment Grade Municipals


Investment Abbreviations:

 

AGC   – Assured Guaranty Corp.
AGM   – Assured Guaranty Municipal Corp.
BAM   – Build America Mutual Assurance Co.
CEP   – Credit Enhancement Provider
COP   – Certificates of Participation
Ctfs.   – Certificates
ETF   – Exchange-Traded Fund
FHLMC   – Federal Home Loan Mortgage Corp.
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.
RAC   – Revenue Anticipation Certificates
RB   – Revenue Bonds
Ref.   – Refunding
RN   – Revenue Notes
SIFMA   – Securities Industry and Financial Markets Association
VRD   – Variable Rate Demand
Wts.   – Warrants

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) 

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

(c) 

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

(d) 

Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at November 30, 2023 was $4,572,768, which represented less than 1% of the Trust’s Net Assets.

(e) 

Principal and/or interest payments are secured by the bond insurance company listed.

(f) 

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 November 30, 2023 was $47,303,308, which represented 7.90% of the Trust’s Net Assets.

(g) 

Zero coupon bond issued at a discount.

(h) 

Security subject to the alternative minimum tax.

(i) 

Underlying security related to TOB Trusts entered into by the Trust.

(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) 

Security is subject to a reimbursement agreement which may require the Trust to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the TOB Trusts. In case of a shortfall, the maximum potential amount of payments the Trust could ultimately be required to make under the agreement is $17,095,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts.

(l) 

Demand security payable upon demand by the Trust 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 November 30, 2023.

(m) 

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

(n) 

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

(o) 

Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2023.

(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) 

Restricted security. The value of this security at November 30, 2023 represented less than 1% of the Trust’s Net Assets.

(r) 

Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Trust owns 5% or more of the outstanding voting securities. The table below shows the Trust’s transactions in, and earnings from, its investments in affiliates for the nine months ended November 30, 2023.

 

     Value
February 28, 2023
   Purchases
at Cost
   Proceeds
from Sales
   Change in
Unrealized
Appreciation
(Depreciation)
   Realized
Gain
   Value
November 30, 2023
   Dividend Income

 

Invesco Municipal Strategic Income ETF

   $505,375    $–    $–    $(700)    $–    $504,675    $15,457

 

 

(s) 

This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations.

 

Entity    Percent  

 

 

Assured Guaranty Municipal Corp.

     5.83

 

 

 

(t) 

Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2023. At November 30, 2023, the Trust’s investments with a value of $71,364,598 are held by TOB Trusts and serve as collateral for the $49,185,000 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 Trust for Investment Grade Municipals


Notes to Quarterly Schedule of Portfolio Holdings

November 30, 2023

(Unaudited)

NOTE 1–Additional Valuation Information

Generally Accepted Accounting Principles (“GAAP”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:

Level 1 –   Prices are determined using quoted prices in an active market for identical assets.
Level 2 –   Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 –   Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of November 30, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

 

     Level 1                Level 2                Level 3                Total  

 

 

Investments in Securities

                    

 

 

Municipal Obligations

     $             –            $946,419,709           $1,047,132           $947,466,841  

 

 

Exchange-Traded Funds

     504,675                               504,675  

 

 

Total Investments in Securities

     504,675           946,419,709           1,047,132           947,971,516  

 

 

Other Investments - Assets

                    

 

 

Investments Matured

               88                     88  

 

 

Total Investments

     $504,675           $946,419,797           $1,047,132           $947,971,604  

 

 

 

  Invesco Trust for Investment Grade Municipals