NPORT-EX 2 edgar.htm
Schedule of Investments
November 30, 2021
(Unaudited)
  Interest
Rate
Maturity
Date
Principal
Amount
(000)
Value
Municipal Obligations–162.72%(a)
Alabama–2.92%
Alabama (State of) Special Care Facilities Financing Authority (Ascension Health Senior Credit Group); Series 2016 B, Ref. RB  5.00% 11/15/2046   $ 4,875 $    5,716,184
Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging); Series 2016, RB  5.75% 06/01/2045      245       256,633
Birmingham (City of), AL Water Works Board;                                
Series 2015 A, Ref. RB(b)(c)(d)  5.00% 01/01/2042    4,995     5,701,285
Series 2016 B, Ref. RB(b)(c)  5.00% 01/01/2027    1,260     1,532,217
Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village); Series 2007, RB (Acquired 12/17/2007-12/18/2007; Cost $2,200,715)(e)(f)  5.50% 01/01/2043    2,525     1,678,891
Lower Alabama Gas District (The);                                
Series 2016 A, RB  5.00% 09/01/2046    1,635     2,414,336
Series 2016 A, RB(d)  5.00% 09/01/2046    2,700     3,986,977
Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining); Series 2019 A, Ref. IDR(g)  5.25% 05/01/2044      835       966,219
          22,252,742
Arizona–4.09%
Arizona (State of) Health Facilities Authority (Scottsdale Lincoln Hospital); Series 2014, Ref. RB  5.00% 12/01/2042    2,210     2,482,374
Arizona (State of) Industrial Development Authority;                                
Series 2019-2, Class A, Ctfs.  3.63% 05/20/2033    1,098     1,231,109
Series 2020 A, RB(g)  5.00% 12/15/2050      410       467,801
Arizona (State of) Industrial Development Authority (Great Laked Senior Living Community);                                
Series 2019 A, RB  5.00% 01/01/2037    1,000     1,042,212
Series 2019 A, RB  5.00% 01/01/2038    1,000     1,038,938
Series 2019 B, RB  5.13% 01/01/2054       85        80,486
Arizona (State of) Industrial Development Authority (Leman Academy of Excellence); Series 2017 A, Ref. RB(g)  5.25% 07/01/2052    1,250     1,276,496
Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus);                                
Series 2017, Ref. RB  5.00% 11/15/2029    1,105     1,205,616
Series 2017, Ref. RB  5.00% 11/15/2045      905       963,554
Goodyear (City of), AZ; Series 2020, RB (INS - AGM)(h)  4.00% 07/01/2045    1,750     2,046,126
Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2019, Ref. RB(g)  5.00% 07/01/2054      230       265,358
Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2014 A, RB(g)  6.50% 07/01/2034      510       581,137
Phoenix (City of), AZ Industrial Development Authority (Rowan University); Series 2012, RB  5.00% 06/01/2042    3,175     3,243,108
Phoenix Civic Improvement Corp.;                                
Series 2017 A, RB(i)  5.00% 07/01/2042    1,585     1,907,135
Series 2017 A, RB(i)  5.00% 07/01/2047    2,535     3,032,023
Series 2020, RB(d)  5.00% 07/01/2049    3,070     3,793,364
Series 2020-XM0924, RB(d)  5.00% 07/01/2044    2,040     2,619,403
Pima (County of), AZ Industrial Development Authority (American Leadership Academy); Series 2019, Ref. RB(g)  5.00% 06/15/2052      365       384,797
Pima (County of), AZ Industrial Development Authority (Grande Innovations Academy); Series 2018, RB(g)  5.38% 07/01/2052    1,215     1,271,014
Salt Verde Financial Corp.; Series 2007, RB  5.00% 12/01/2037      815     1,143,867
Yuma (City of), AZ Industrial Development Authority (Regional Medical Center); Series 2014 A, RB  5.00% 08/01/2029    1,000     1,113,275
          31,189,193
Arkansas–0.08%
Arkansas (State of) Development Finance Authority (Baptist Memorial Health); Series 2020, Ref. RB  5.00% 09/01/2039      500       626,925
California–17.73%
Bay Area Toll Authority (San Francisco Bay Area);                                
Series 2017 F-1, RB(b)(c)(d)(j)  5.00% 04/01/2056    2,550     3,130,240
Series 2017, Ref. RB  4.00% 04/01/2037    2,200     2,548,864
Beverly Hills Unified School District (Election of 2008); Series 2009, GO Bonds(k)  0.00% 08/01/2028    1,250     1,163,151
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 (County of), CA Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); Series 2006 C, RB(k)  0.00% 06/01/2055   $11,260 $      940,999
California (County of), CA Tobacco Securitization Agency (Los Angeles County Securitization Corp.);                                
Series 2020 A, Ref. RB  4.00% 06/01/2040      300       355,657
Series 2020 B-1, Ref. RB  5.00% 06/01/2049      100       121,075
Series 2020 B-2, Ref. RB(k)  0.00% 06/01/2055    1,700       340,749
California (State of);                                
Series 2012, GO Bonds  5.25% 04/01/2035    3,800     3,862,757
Series 2012, GO Bonds  5.00% 04/01/2042    2,790     2,833,114
Series 2013, GO Bonds  5.00% 04/01/2037    1,850     1,961,300
Series 2013, Ref. GO Bonds  5.25% 09/01/2030    2,500     2,713,189
Series 2019, Ref. GO Bonds  5.00% 11/01/2039    2,140     2,682,185
Series 2020-XM0909, GO Bonds(d)  3.00% 11/01/2050    2,375     2,553,926
Series 2020-XX1123, Ctfs.(d)(j)  4.00% 03/01/2046    3,070     3,624,996
California (State of) Community Housing Agency (Annadel Apartments); Series 2019 A, RB(g)  5.00% 04/01/2049      855       936,094
California (State of) Educational Facilities Authority (Stanford University); Series 2019 V-1, RB  5.00% 05/01/2049      350       555,133
California (State of) Health Facilities Financing Authority (Cedars Sinai Health System); Series 2021 A, Ref. RB  4.00% 08/15/2048    2,000     2,373,835
California (State of) Housing Finance Agency;                                
Series 2019 A-2, RB  4.00% 03/20/2033      495       570,869
Series 2021 A, RB  3.25% 08/20/2036      745       844,973
Series 2021-1, Class A, Ctfs.  3.50% 11/20/2035      842       961,678
California (State of) Infrastructure & Economic Development Bank (California State Teachers’ Retirement System Headquarters Expansion) (Green Bonds); Series 2019, RB  5.00% 08/01/2044    2,080     2,594,027
California (State of) Municipal Finance Authority (Bella Mente Montessori Academy); Series 2018 A, RB(g)  5.00% 06/01/2048      195       222,807
California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing); Series 2018, RB  5.00% 05/15/2035    1,280     1,578,538
California (State of) Municipal Finance Authority (Green Bonds); Series 2021, RB (INS - BAM)(h)  4.00% 05/15/2046      620       724,771
California (State of) Municipal Finance Authority (Linxs APM);                                
Series 2018 A, RB(i)  5.00% 12/31/2038    1,515     1,811,653
Series 2018 A, RB(i)  5.00% 12/31/2043    2,055     2,453,231
California (State of) Municipal Finance Authority (Orange County Civic Center Infrastructure Improvement Program - Phase I); Series 2017 A, RB  5.00% 06/01/2042    1,025     1,249,828
California (State of) Municipal Finance Authority (United Airlines, Inc.); Series 2019, RB(i)  4.00% 07/15/2029    1,700     1,943,733
California (State of) Municipal Finance Authority (William Jessup University); Series 2019, Ref. RB  5.00% 08/01/2039      255       286,335
California (State of) Pollution Control Finance Authority;                                
Series 2012, RB(g)(i)  5.00% 07/01/2027    1,255     1,345,111
Series 2012, RB(g)(i)  5.00% 07/01/2030    1,650     1,769,480
Series 2012, RB(g)(i)  5.00% 07/01/2037    3,610     3,744,759
California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center);                                
Series 2014, RB  5.25% 12/01/2044      875       987,161
Series 2016 A, RB(g)  5.00% 12/01/2041    1,380     1,585,552
Series 2016 A, RB(g)  5.25% 12/01/2056    1,025     1,179,840
California State University; Series 2020-XM0923, RB(d)  5.00% 11/01/2048    2,110     2,617,833
CSCDA Community Improvement Authority (Jefferson-Anaheim Social Bonds); Series 2021 A, RB(g)  3.13% 08/01/2056      850       785,759
CSCDA Community Improvement Authority (Social Bonds);                                
Series 2021 A-2, RB(g)  4.00% 09/01/2056      850       894,141
Series 2021, RB(g)  4.00% 08/01/2056      510       529,040
Daly City (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition); Series 2007 C, Ref. RB  6.50% 12/15/2047      530       530,934
Foothill-Eastern Transportation Corridor Agency;                                
Series 1995 A, RB(b)(k)  0.00% 01/01/2023   10,750    10,713,570
Series 2015, Ref. RB (INS - AGM)(h)(k)  0.00% 01/15/2034    4,225     3,311,861
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)
Golden State Tobacco Securitization Corp.;                                
Series 2013 A, RB(b)(c)  5.00% 06/01/2023   $ 1,400 $    1,499,420
Series 2015, Ref. RB(b)(c)  5.00% 06/01/2025    2,245     2,600,646
Series 2015, Ref. RB(b)(c)  5.00% 06/01/2025    2,755     3,189,355
Series 2018 A-1, Ref. RB  5.00% 06/01/2035    1,395     1,685,461
Series 2018 A-1, Ref. RB  5.00% 06/01/2047    1,165     1,190,271
Long Beach (City of), CA; Series 2020-XM0865, Ctfs.(d)  7.15% 05/15/2044    2,045     2,573,302
Los Angeles (County of), CA Public Works Financing Authority (Green Bonds); Series 2020 A, RB  4.00% 12/01/2043    3,400     4,060,345
M-S-R Energy Authority;                                
Series 2009 A, RB  6.50% 11/01/2039    2,315     3,711,241
Series 2009 B, RB  6.13% 11/01/2029      950     1,184,439
Series 2009 B, RB  7.00% 11/01/2034      595       909,984
Mt. San Antonio Community College District (Election of 2008); Series 2013 A, GO Bonds(l)  6.25% 08/01/2043    2,055     2,368,040
San Diego (County of), CA Regional Airport Authority;                                
Series 2021 A, RB  5.00% 07/01/2051    1,535     1,965,869
Series 2021 B, RB(i)  4.00% 07/01/2046    1,195     1,393,435
Series 2021 B, RB(i)  5.00% 07/01/2056    2,470     3,086,972
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport);                                
Series 2016 B, RB(i)  5.00% 05/01/2041    5,000     5,871,441
Series 2019 A, RB(i)  5.00% 05/01/2036    1,195     1,486,254
Series 2019 A, RB(i)  5.00% 05/01/2039    2,400     2,969,448
Santa Cruz (County of), CA Capital Financing Authority; Series 2021 A, RB  4.00% 06/01/2046      815       967,244
Santa Margarita Water District (Community Facilities District No. 2013-1); Series 2013, RB  5.50% 09/01/2032      685       733,331
Silicon Valley Tobacco Securitization Authority (Santa Clara); Series 2007 A, RB(k)  0.00% 06/01/2041    3,560     1,195,293
University of California;                                
Series 2018 AZ, Ref. RB(d)  4.00% 05/15/2048    2,460     2,828,239
Series 2020 BE, Ref. RB  5.00% 05/15/2042    3,020     3,877,928
Series 2021, RB(d)  4.00% 05/15/2047    2,385     2,802,563
Series 2021-XF1212, Revenue Ctfs.(d)  4.00% 05/15/2051    2,605     3,085,440
          135,170,709
Colorado–4.96%
Arkansas (State of) River Power Authority; Series 2006, RB(b)  5.88% 10/01/2026    1,260     1,441,343
Belford North Metropolitan District; Series 2020 A, GO Bonds  5.50% 12/01/2050    1,060     1,157,903
Colorado (State of) Board of Governors;                                
Series 2012 A, RB (CEP - Colorado Higher Education Intercept Program)(b)(c)(d)  5.00% 03/01/2022    3,000     3,036,065
Series 2012 A, RB(b)(c)(d)  5.00% 03/01/2041    2,650     2,681,857
Colorado (State of) Health Facilities Authority; Series 2020-XX1130, Ctfs.(d)(j)  5.00% 08/01/2044    1,275     1,567,338
Colorado (State of) Health Facilities Authority (Adventhealth Obligated Group); Series 2021 A, Ref. RB  4.00% 11/15/2050      760       902,590
Colorado (State of) Health Facilities Authority (Adventist Health System/Sunbelt Obligated Group); Series 2018 A, RB  5.00% 11/15/2048    1,195     1,461,770
Colorado (State of) Health Facilities Authority (Commonspirit Health); Series 2019 A-2, Ref. RB  4.00% 08/01/2049    1,705     1,943,957
Colorado (State of) Health Facilities Authority (Evangelical Lutheran Good Samaritan Society (The));                                
Series 2013, RB(b)(c)  5.63% 06/01/2023      500       540,332
Series 2017, Ref. RB(b)(c)  5.00% 06/01/2027      600       732,691
Colorado (State of) Health Facilities Authority (Volunteers of America Care);                                
Series 2007 A, RB  5.25% 07/01/2027      670       670,311
Series 2007 A, RB  5.30% 07/01/2037      345       341,380
Colorado (State of) High Performance Transportation Enterprise (C-470 Express Lanes); Series 2017, RB  5.00% 12/31/2047      945     1,068,216
Colorado (State of) Science and Technology Park Metropolitan District No. 1; Series 2018, Ref. RB  5.00% 12/01/2033      500       537,474
Colorado Crossing Metropolitan District No. 2; Series 2020 A-1, Ref. GO Bonds  5.00% 12/01/2047      500       540,024
Denver (City & County of), CO;                                
Series 2012 B, RB(b)(c)  5.00% 11/15/2022    1,750     1,829,551
Series 2018 A, Ref. RB(d)(i)  5.25% 12/01/2048    1,795     2,198,720
Series 2018 A-2, RB(k)  0.00% 08/01/2034    1,730     1,180,183
Great Western Metropolitan District; Series 2020, Ref. GO Bonds  4.75% 12/01/2050      470       510,227
Jefferson (County of), CO Center Metropolitan District No. 1; Series 2020 B, Ref. RB  5.75% 12/15/2050      740       789,341
Neu Towne Metropolitan District; Series 2018 A, Ref. GO Bonds  5.38% 12/01/2046      720       768,881
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
Colorado–(continued)
North Range Metropolitan District No. 3; Series 2020 A, GO Bonds  5.00% 12/01/2040   $   665 $      734,832
Public Authority for Colorado Energy; Series 2008, RB  6.50% 11/15/2038    3,915     6,084,553
Rampart Range Metropolitan District No. 5; Series 2021, RB  4.00% 12/01/2051      500       512,301
Village Metropolitan District (The); Series 2020, Ref. GO Bonds  5.00% 12/01/2049      875       978,270
White Buffalo Metropolitan District No. 3; Series 2020, GO Bonds  5.50% 12/01/2050      600       656,795
Windler Public Improvement Authority;                                
Series 2021 A-1, RB  4.00% 12/01/2041    1,365     1,359,413
Series 2021 A-2, RB(l)  4.50% 12/01/2041    2,105     1,591,794
          37,818,112
District of Columbia–3.11%
District of Columbia; Series 2014 C, GO Bonds(d)  5.00% 06/01/2035    7,050     7,837,047
District of Columbia (Provident Group - Howard Properties LLC); Series 2013, RB  5.00% 10/01/2045      695       715,810
District of Columbia Water & Sewer Authority; Series 2013 A, RB(b)(c)(d)  5.00% 10/01/2023    3,080     3,347,852
Metropolitan Washington Airports Authority; Series 2021 A, Ref. RB(i)  4.00% 10/01/2038    2,500     3,004,218
Metropolitan Washington Airports Authority (Dulles Metrorail and Capital Improvement);                                
Series 2014 A, Ref. RB  5.00% 10/01/2053    6,720     6,827,586
Series 2019 B, Ref. RB  4.00% 10/01/2049    1,705     1,931,586
          23,664,099
Florida–8.58%
Alachua (County of), FL Health Facilities Authority (Shands Teaching Hospital & Clinics); Series 2019, RB  4.00% 12/01/2049      515       588,857
Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs); Series 2011 A, RB (Acquired 09/19/2013; Cost $1,000,000)(f)  8.13% 11/15/2041    1,000     1,000,172
Broward (County of), FL;                                
Series 2013 C, RB(b)(c)  5.25% 10/01/2023    2,380     2,595,538
Series 2015 A, RB(i)  5.00% 10/01/2045    1,440     1,652,229
Series 2017, RB(d)(i)(j)  5.00% 10/01/2047    2,645     3,179,329
Series 2019 B, RB(i)  4.00% 09/01/2044      850       970,425
Cape Coral (City of), FL Health Facilities Authority (Gulf Care, Inc.); Series 2015, Ref. RB(g)  6.00% 07/01/2045      255       271,934
Central Florida Expressway Authority; Series 2020-XX1136, Ctfs.(d)(j)  5.00% 07/01/2049    2,430     3,006,464
Collier (County of), FL Industrial Development Authority (The Arlington of Naples); Series 2014 A, RB (Acquired 12/16/2013; Cost $1,309,157)(e)(f)(g)  7.75% 05/15/2035    1,340       911,200
Davie (Town of), FL (Nova Southeastern University); Series 2013 A, RB(b)(c)  6.00% 04/01/2023    1,450     1,559,886
Florida (State of) North Broward Hospital District; Series 2017 B, Ref. RB  5.00% 01/01/2048    3,080     3,600,169
Florida Development Finance Corp. (Green Bonds); Series 2019 B, RB(g)(i)  7.38% 01/01/2049      680       741,742
Gainesville (City of), FL (Utilities System); Series 2019 A, RB  5.00% 10/01/2044    1,250     1,572,568
Gramercy Farms Community Development District; Series 2011, Ref. RB(m)  0.00% 05/01/2039    1,340       696,800
Greater Orlando Aviation Authority; Series 2019 A, RB(i)  4.00% 10/01/2044    2,250     2,593,071
Hillsborough (County of), FL Aviation Authority (Tampa International Airport); Series 2018 E, RB(i)  5.00% 10/01/2048    2,120     2,574,964
Lake (County of), FL (Lakeside at Waterman Village);                                
Series 2020 A, Ref. RB  5.50% 08/15/2040      660       749,454
Series 2020 A, Ref. RB  5.75% 08/15/2050      290       328,644
Series 2020 A, Ref. RB  5.75% 08/15/2055    1,070     1,206,638
Series 2020 B-3, RB  3.38% 08/15/2026      425       426,537
Miami Beach (City of), FL Health Facilities Authority (Mt. Sinai Medical Center); Series 2014, Ref. RB  5.00% 11/15/2044      955     1,050,739
Miami-Dade (County of), FL;                                
Series 2012 A, Ref. RB(b)(c)(i)  5.00% 10/01/2022    1,000     1,039,243
Series 2012 B, Ref. RB(b)(c)  5.00% 10/01/2022    1,180     1,227,318
Series 2016 A, Ref. RB  5.00% 10/01/2041    2,855     3,395,503
Subseries 2021 B-1, Ref. RB(i)  4.00% 10/01/2046    1,365     1,588,117
Subseries 2021 B-1, Ref. RB(i)  4.00% 10/01/2050    2,900     3,361,915
Miami-Dade (County of), FL Educational Facilities Authority (University of Miami); Series 2018 A, RB(d)  5.00% 04/01/2053    3,945     4,722,348
Miami-Dade (County of), FL Expressway Authority; Series 2010 A, RB  5.00% 07/01/2040    4,250     4,264,359
Orange (County of), FL Housing Finance Authority (H.A.N.D.S., Inc.); Series 1995 A, RB  7.00% 10/01/2025      495       497,118
Orlando (City of), FL Greater Orlando Aviation Authority; Series 2017 A, RB(i)  5.00% 10/01/2047    3,465     4,164,982
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)
Osceola (County of), FL;                                
Series 2020 A-2, Ref. RB(k)  0.00% 10/01/2044   $ 1,000 $      482,939
Series 2020 A-2, Ref. RB(k)  0.00% 10/01/2051    1,200       439,815
Series 2020 A-2, Ref. RB(k)  0.00% 10/01/2052      460       162,056
Series 2020 A-2, Ref. RB(k)  0.00% 10/01/2053      455       154,133
Series 2020 A-2, Ref. RB(k)  0.00% 10/01/2054      390       127,010
Palm Beach (County of), FL Health Facilities Authority; Series 2020, RB  5.00% 06/01/2055      510       552,771
Putnam (County of), FL Development Authority (Seminole Electric Cooperative); Series 2018 B, Ref. PCR  5.00% 03/15/2042      855     1,024,530
Reunion East Community Development District; Series 2005, RB(e)(m)  5.80% 05/01/2036      348             3
Sterling Hill Community Development District; Series 2003 A, RB(m)(n)  6.20% 05/01/2035    1,149       689,526
Sumter (County of), FL Industrial Development Authority (Central Florida Health Alliance); Series 2014 A, RB  5.25% 07/01/2044    1,000     1,085,742
Tallahassee (City of), FL (Tallahassee Memorial Health Care, Inc.); Series 2016, RB  5.00% 12/01/2055    1,380     1,556,238
Tender Option Bond Trust Receipts/Certificates; Series 2021-XM0942, Revenue Ctfs.(d)  4.00% 10/01/2051    3,025     3,567,742
          65,380,768
Georgia–4.31%
Atlanta (City of), GA; Series 2015, RB(d)  5.00% 11/01/2040   12,580    14,426,010
Augusta (City of), GA Development Authority; Series 2018, RB  4.00% 07/01/2038    3,090     3,325,186
Brookhaven Development Authority;                                
Series 2020, RB(d)(j)  4.00% 07/01/2044    1,150     1,341,347
Series 2020, RB(d)(j)  4.00% 07/01/2049    1,710     1,981,116
Fulton (County of), GA Development Authority (Wellstar Health System, Inc.); Series 2017, RAC  5.00% 04/01/2042    1,000     1,195,562
Georgia (State of) Municipal Electric Authority of Georgia (Plant Vogtle Units 3 & 4); Series 2021 A, Ref. RB  4.00% 01/01/2051    1,000     1,140,285
Georgia (State of) Ports Authority; Series 2021, RB  4.00% 07/01/2043      640       774,249
Georgia Ports Authority;                                
Series 2021, RB(d)  4.00% 07/01/2046      855     1,027,627
Series 2021, RB(d)  4.00% 07/01/2051    2,550     3,045,842
Glynn (County of) & Brunswick (City of), GA Memorial Hospital Authority (Southeast Georgia Health System); Series 2017, RAC  5.00% 08/01/2047    1,000     1,180,915
Main Street Natural Gas, Inc.;                                
Series 2021 A, RB(c)  4.00% 09/01/2027    1,360     1,572,383
Series 2021 C, RB(c)  4.00% 12/01/2028    1,535     1,812,136
          32,822,658
Hawaii–0.79%
Hawaii (State of);                                
Series 2015 A, RB(i)  5.00% 07/01/2045    1,740     1,979,467
Series 2018 A, RB(i)  5.00% 07/01/2043    1,565     1,891,020
Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Health Obligated Group); Series 2013 A, Ref. RB(b)  5.50% 07/01/2043    2,000     2,150,508
          6,020,995
Idaho–0.35%
Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.); Series 2017 A, Ref. RB  5.25% 11/15/2047      885       912,314
Spring Valley Community Infrastructure District No. 1; Series 2021, RB(g)  3.75% 09/01/2051    1,705     1,717,911
          2,630,225
Illinois–16.20%
Bartlett (Village of), IL (Quarry Redevelopment); Series 2007, Ref. RB  5.60% 01/01/2023      735       736,627
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;                                
Series 2002 B, GO Bonds  5.50% 01/01/2037   $ 1,075 $    1,235,032
Series 2005 D, Ref. GO Bonds  5.50% 01/01/2040      435       498,453
Series 2007 E, Ref. GO Bonds  5.50% 01/01/2042      350       400,705
Series 2011 A, RB(b)(c)  5.25% 01/01/2022    2,910     2,922,002
Series 2012 A, GO Bonds  5.00% 01/01/2033      855       857,656
Series 2012 A, GO Bonds (INS - BAM)(h)  5.00% 01/01/2033    2,025     2,030,775
Series 2012, RB  5.00% 01/01/2042    2,745     2,766,780
Series 2014, RB  5.00% 11/01/2044      895       996,587
Series 2014, Ref. RB (INS - AGM)(h)  5.00% 01/01/2032    1,200     1,327,819
Series 2015 A, GO Bonds  5.50% 01/01/2033    3,475     4,003,040
Series 2017 A, Ref. GO Bonds  6.00% 01/01/2038    2,075     2,573,686
Series 2017-2, Ref. RB (INS - AGM)(h)  5.00% 11/01/2038    1,500     1,826,665
Chicago (City of), IL (Midway Airport);                                
Series 2013 A, Ref. RB(i)  5.50% 01/01/2032    2,770     2,913,963
Series 2014 A, Ref. RB(i)  5.00% 01/01/2041    1,275     1,383,292
Chicago (City of), IL (O’Hare International Airport);                                
Series 2015 C, RB(i)  5.00% 01/01/2046      865       966,376
Series 2015 D, RB  5.00% 01/01/2046      605       681,992
Series 2016 C, Ref. RB  5.00% 01/01/2037    1,720     2,004,719
Series 2017 D, RB  5.25% 01/01/2042    1,385     1,665,103
Chicago (City of), IL Board of Education;                                
Series 2017 H, GO Bonds  5.00% 12/01/2046      655       768,528
Series 2018 A, Ref. GO Bonds (INS - AGM)(h)  5.00% 12/01/2032      735       907,824
Series 2018 A, Ref. GO Bonds  5.00% 12/01/2035      750       911,142
Series 2018 C, Ref. GO Bonds  5.00% 12/01/2022    1,025     1,071,070
Chicago (City of), IL Metropolitan Water Reclamation District; Series 2007 B, Ref. GO Bonds  5.25% 12/01/2035    3,220     4,743,428
Chicago (City of), IL Metropolitan Water Reclamation District (Green Bonds); Series 2016 E, GO Bonds  5.00% 12/01/2045    1,785     2,101,922
Chicago (City of), IL Transit Authority;                                
Series 2011, RB(b)(c)(d)(j)  5.25% 12/01/2036    5,760     5,760,000
Series 2014, RB  5.00% 12/01/2044    3,485     3,916,722
Chicago Park District;                                
Series 2020 D, GO Bonds (INS - BAM)(h)  4.00% 01/01/2035    1,000     1,170,792
Series 2020 D, GO Bonds (INS - BAM)(h)  4.00% 01/01/2039    1,320     1,532,738
Cook (County of), IL; Series 2021 A, Ref. RB  4.00% 11/15/2039      785       931,920
Illinois (State of);                                
Series 2013, GO Bonds (INS - BAM)(h)  5.50% 07/01/2038    2,525     2,720,160
Series 2014, GO Bonds  5.25% 02/01/2034    1,300     1,424,728
Series 2014, GO Bonds  5.00% 05/01/2035      370       406,608
Series 2014, GO Bonds  5.00% 05/01/2036    1,150     1,262,619
Series 2016, GO Bonds  5.00% 11/01/2036      930     1,087,716
Series 2017 A, GO Bonds  5.00% 12/01/2036      750       890,896
Series 2017 C, GO Bonds  5.00% 11/01/2029      270       324,472
Series 2017 D, GO Bonds  5.00% 11/01/2023    1,825     1,981,226
Series 2017 D, GO Bonds  5.00% 11/01/2024       85        95,542
Series 2017 D, GO Bonds  5.00% 11/01/2026    1,325     1,572,909
Series 2018 A, GO Bonds  6.00% 05/01/2027      780       976,531
Series 2018 A, GO Bonds  5.00% 05/01/2030    1,255     1,520,825
Series 2018 A, Ref. GO Bonds  5.00% 10/01/2022      600       623,317
Series 2020, GO Bonds  5.50% 05/01/2039    1,710     2,185,000
Illinois (State of) Finance Authority (Art Institute of Chicago);                                
Series 2012, RB(b)(c)  5.00% 03/01/2022        5         5,059
Series 2012, RB(b)(c)  5.00% 03/01/2022      995     1,006,835
Illinois (State of) Finance Authority (Centegra Health System); Series 2014 A, RB(b)(c)  5.00% 09/01/2024    1,470     1,655,111
Illinois (State of) Finance Authority (CITGO Petroleum Corp.); Series 2002, RB(i)  8.00% 06/01/2032      370       370,515
Illinois (State of) Finance Authority (Lutheran Communities Obligated Group);                                
Series 2019 A, Ref. RB  5.00% 11/01/2040       60        67,028
Series 2019 A, Ref. RB  5.00% 11/01/2049      565       623,208
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)
Illinois (State of) Finance Authority (OSF Healthcare System); Series 2015 A, Ref. RB  5.00% 11/15/2045   $ 2,430 $    2,794,694
Illinois (State of) Finance Authority (Park Place of Elmhurst); Series 2016, RB  5.13% 05/15/2060    1,411     1,413,606
Illinois (State of) Finance Authority (Roosevelt University); Series 2007, RB  5.50% 04/01/2037    1,000     1,001,904
Illinois (State of) Finance Authority (Rush University Medical Center); Series 2015 A, Ref. RB  5.00% 11/15/2038    2,115     2,400,966
Illinois (State of) Finance Authority (Three Crowns Park);                                
Series 2017, Ref. RB  5.00% 02/15/2032      155       168,214
Series 2017, Ref. RB  5.25% 02/15/2037      200       217,435
Series 2017, Ref. RB  5.25% 02/15/2047      850       919,094
Illinois (State of) Finance Authority (University of Chicago); Series 2013 A, RB(b)(c)(d)  5.25% 10/01/2052    3,720     3,966,443
Illinois (State of) Metropolitan Pier & Exposition Authority; Series 2002, RB (INS - AGM)(h)(k)  0.00% 12/15/2029    2,800     2,420,420
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion); Series 2015 A, RB  5.50% 06/15/2053    1,800     2,061,434
Illinois (State of) Sports Facilities Authority (The);                                
Series 2014, Ref. RB (INS - AGM)(h)  5.25% 06/15/2031    1,235     1,350,151
Series 2014, Ref. RB (INS - AGM)(h)  5.25% 06/15/2032    1,125     1,227,833
Illinois (State of) Toll Highway Authority;                                
Series 2013 A, RB(d)  5.00% 01/01/2038    3,875     4,064,635
Series 2015 A, RB(d)  5.00% 01/01/2040    6,480     7,396,366
Metropolitan Water Reclamation District of Greater Chicago (Green Bonds); Series 2021 A, GO Bonds  4.00% 12/01/2046    1,000     1,201,569
Peoria (County of), IL; Series 2011, GO Bonds(d)  5.00% 12/15/2041    1,800     1,806,764
Regional Transportation Authority;                                
Series 2000, RB (INS - NATL)(h)  6.50% 07/01/2030    2,305     3,082,275
Series 2002 A, RB (INS - NATL)(h)  6.00% 07/01/2029    1,175     1,571,210
Series 2018 B, RB  5.00% 06/01/2040    2,360     2,912,799
Sales Tax Securitization Corp.; Series 2018 A, Ref. RB(d)  5.00% 01/01/2048    4,275     5,124,085
          123,509,560
Indiana–2.57%
Indiana (State of) Finance Authority (Kings Daughters Hospital & Health); Series 2010, RB  5.50% 08/15/2045    1,000     1,003,671
Indiana (State of) Finance Authority (KIPP Indianapolis, Inc.); Series 2020 A, RB  5.00% 07/01/2040      170       193,866
Indiana (State of) Finance Authority (Ohio River Bridges East End Crossing);                                
Series 2013 A, RB(b)(c)(i)  5.00% 07/01/2023      500       535,512
Series 2013 A, RB(b)(c)(i)  5.00% 07/01/2023      715       765,783
Series 2013, RB(b)(c)(i)  5.00% 07/01/2023    3,960     4,241,257
Indiana (State of) Finance Authority (Ohio Valley Electrical Corp.);                                
Series 2012 A, RB  5.00% 06/01/2032    1,825     1,856,706
Series 2012 A, RB  5.00% 06/01/2039    2,680     2,723,684
Indiana (State of) Municipal Power Agency;                                
Series 2013 A, RB(b)(c)  5.25% 07/01/2023    1,500     1,617,647
Series 2016 A, Ref. RB  5.00% 01/01/2042    1,260     1,489,979
Indianapolis Local Public Improvement Bond Bank; Series 2013 F, RB(d)  5.00% 02/01/2030    3,300     3,477,249
Valparaiso (City of), IN (Pratt Paper, LLC); Series 2013, RB(i)  6.75% 01/01/2034    1,500     1,663,640
          19,568,994
Iowa–1.47%
Iowa (State of) Finance Authority (Alcoa, Inc.); Series 2012, RB  4.75% 08/01/2042    1,425     1,453,445
Iowa (State of) Finance Authority (Iowa Fertilizer Co.);                                
Series 2013, RB  5.25% 12/01/2025    1,325     1,427,854
Series 2013, Ref. RB(c)  5.25% 12/01/2037    1,290     1,401,935
Series 2019, Ref. RB  3.13% 12/01/2022      295       299,169
Iowa (State of) Finance Authority (Lifespace Communities, Inc.); Series 2016, RB  5.00% 05/15/2041      510       567,957
Iowa (State of) Tobacco Settlement Authority;                                
Series 2021 A-2, Ref. RB  5.00% 06/01/2031      800     1,059,457
Series 2021 A-2, Ref. RB  4.00% 06/01/2049      950     1,101,133
Series 2021 B-1, Ref. RB  0.38% 06/01/2030       75        75,035
Series 2021 B-1, Ref. RB  4.00% 06/01/2049    1,475     1,704,127
Series 2021 B-2, Ref. RB(k)  0.00% 06/01/2065   11,305     2,113,506
          11,203,618
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
Kansas–0.56%
Kansas (State of) Municipal Energy Agency (Jameson Energy Center); Series 2013, RB  5.75% 07/01/2038   $ 1,400 $    1,518,425
Wyandotte (County of) & Kansas City (City of), KS Unified Government; Series 2014 A, Ref. RB  5.00% 09/01/2044    2,470     2,747,350
          4,265,775
Kentucky–2.27%
Kentucky (Commonwealth of) Economic Development Finance Authority (Catholic Health Initiatives); Series 2011 B, RB (SIFMA Municipal Swap Index + 1.40%)(c)(o)  1.45% 02/01/2025      720       725,561
Kentucky (Commonwealth of) Economic Development Finance Authority (Louisville Arena Authority, Inc.); Series 2017 A, Ref. RB (INS - AGM)(h)  5.00% 12/01/2047    1,140     1,189,662
Kentucky (Commonwealth of) Economic Development Finance Authority (Next Generation Kentucky Information Highway);                                
Series 2015 A, RB  5.00% 07/01/2040    2,030     2,278,969
Series 2015 A, RB  5.00% 01/01/2045      340       381,169
Kentucky (Commonwealth of) Economic Development Finance Authority (Owensboro Health, Inc.);                                
Series 2017 A, Ref. RB  5.25% 06/01/2041    1,290     1,525,083
Series 2017 A, Ref. RB  5.00% 06/01/2045    1,035     1,209,451
Kentucky (Commonwealth of) Municipal Power Agency (Prairie State); Series 2019 A, Ref. RB  4.00% 09/01/2045    1,000     1,113,007
Kentucky (Commonwealth of) Public Energy Authority; Series 2019 C, RB(c)  4.00% 02/01/2028    1,520     1,761,398
Kentucky (Commonwealth of) Public Transportation Infrastructure Authority (Downtown Crossing); Series 2013 A, RB(b)(c)  5.75% 07/01/2023    1,000     1,086,978
Kentucky Bond Development Corp.; Series 2020, RB (INS - BAM)(d)(h)(j)  5.00% 09/01/2044    3,920     4,933,663
Louisville (City of) & Jefferson (County of), KY Metropolitan Government (Norton Healthcare, Inc.); Series 2013 A, RB  5.50% 10/01/2033    1,000     1,088,142
          17,293,083
Louisiana–1.38%
Jefferson Sales Tax District; Series 2019 B, RB (INS - AGM)(h)  4.00% 12/01/2039    1,000     1,196,571
Louisiana (State of) Local Government Environmental Facilities & Community Development Authority (St. John the Baptist); Series 2019, RB(g)  3.90% 11/01/2044      940     1,011,541
Louisiana (State of) Public Facilities Authority (Provident Group-Flagship Properties LLC- Louisiana State University Nicholson Gateway); Series 2016, RB  5.00% 07/01/2051    1,165     1,312,876
Louisiana (State of) Public Facilities Authority (Tulane University of Louisiana); Series 2020, Ref. RB  4.00% 04/01/2050      680       782,181
New Orleans (City of), LA Aviation Board; Series 2015 B, RB(i)  5.00% 01/01/2040    1,000     1,119,136
New Orleans (City of), LA Aviation Board (Parking Facilities Corp. Consolidated Garage System); Series 2018 A, RB (INS - AGM)(h)  5.00% 10/01/2043      455       562,457
St. Charles (Parish of), LA (Valero Energy Corp.); Series 2010, RB(c)  4.00% 06/01/2022    1,000     1,017,978
Tobacco Settlement Financing Corp.;                                
Series 2013 A, Ref. RB  5.25% 05/15/2031      320       321,187
Series 2013 A, Ref. RB  5.25% 05/15/2032    1,680     1,715,186
Series 2013 A, Ref. RB  5.25% 05/15/2033    1,415     1,444,113
          10,483,226
Maryland–1.44%
Brunswick (City of), MD (Brunswick Crossing); Series 2019, RB  5.00% 07/01/2036      399       471,558
Maryland (State of) Health & Higher Educational Facilities Authority (Adventist Healthcare Obligated Group); Series 2016 A, RB  5.50% 01/01/2046    1,540     1,858,114
Maryland (State of) Health & Higher Educational Facilities Authority (LifeBridge Health); Series 2016, Ref. RB  5.00% 07/01/2047      790       921,865
Maryland (State of) Health & Higher Educational Facilities Authority (Peninsula Regional Medical Center); Series 2015, Ref. RB(b)(c)  5.00% 07/01/2024    1,620     1,812,312
Maryland (State of) Health & Higher Educational Facilities Authority (Stevenson University); Series 2021, Ref. RB  4.00% 06/01/2051      415       474,009
Maryland (State of) Transportation Authority; Series 2021 A, Ref. RB  5.00% 07/01/2051    1,280     1,663,410
Montgomery (County of), MD; Series 2017 E, VRD GO Bonds(p)  0.01% 11/01/2037    2,400     2,400,000
Prince Georges (County of), MD (Collington Episcopal Life Care Community, Inc.); Series 2017, Ref. RB  5.00% 04/01/2028      750       809,748
Rockville (City of), MD (Ingleside at King Farm); Series 2017 B, RB  5.00% 11/01/2047      550       592,683
          11,003,699
Massachusetts–1.95%
Massachusetts (Commonwealth of) (Consolidated Loan of 2019); Series 2019, GO Bonds  5.00% 05/01/2047    1,000     1,255,746
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
Massachusetts–(continued)
Massachusetts (Commonwealth of) Development Finance Agency; Series 2019 A, Ref. RB  4.00% 07/01/2044   $   750 $      847,228
Massachusetts (Commonwealth of) Development Finance Agency (Caregroup); Series 2018 J-2, RB  5.00% 07/01/2048    2,525     3,048,129
Massachusetts (Commonwealth of) Development Finance Agency (Emerson College); Series 2016 A, RB  5.00% 01/01/2047    3,390     3,912,333
Massachusetts (Commonwealth of) Development Finance Agency (Milford Regional Medical Center); Series 2020, Ref. RB(g)  5.00% 07/15/2037      245       303,741
Massachusetts (Commonwealth of) Port Authority; Series 2019 A, Ref. RB(i)  5.00% 07/01/2036    1,010     1,256,481
Massachusetts (Commonwealth of) Transportation Fund; Series 2016 B, RB  4.00% 06/01/2046    2,565     2,900,573
Massachusetts (State of) Port Authority; Series 2016 B, RB(i)  4.00% 07/01/2046    1,215     1,353,728
          14,877,959
Michigan–4.41%
Academy of Warren; Series 2020 A, Ref.(g)  5.50% 05/01/2050      250       260,057
Detroit (City of), MI; Series 2018, GO Bonds  5.00% 04/01/2035      670       787,609
Detroit (City of), MI Downtown Development Authority; Series 2018 A, Ref. RB (INS - AGM)(d)(h)(j)  5.00% 07/01/2043    1,150     1,268,342
Detroit Downtown Development Authority; Series 2018 A, RB (INS - AGM)(d)(h)(j)  5.00% 07/01/2038    1,000     1,103,176
Grand Rapids Economic Development Corp. (Beacon Hill at Eastgate); Series 2017 A, Ref. RB  5.00% 11/01/2052    1,175     1,276,549
Michigan (State of) Building Authority (Facilities Program); Series 2016 I, Ref. RB(d)  5.00% 04/15/2041    2,925     3,424,539
Michigan (State of) Finance Authority; Series 2014 C-1, RB(b)(c)  5.00% 07/01/2022    1,275     1,310,849
Michigan (State of) Finance Authority (Beaumont Health Credit Group); Series 2016, RB  5.00% 11/01/2044    1,905     2,195,676
Michigan (State of) Finance Authority (Bronson Healthcare Group); Series 2020 A, Ref. RB  5.00% 05/15/2036    1,700     2,005,529
Michigan (State of) Finance Authority (Charter County of Wayne Criminal Justice Center); Series 2018, RB  5.00% 11/01/2043      840     1,028,895
Michigan (State of) Finance Authority (Detroit Water & Sewerage Department);                                
Series 2014 C-3, RB (INS - AGM)(h)  5.00% 07/01/2030    2,785     3,111,020
Series 2014 C-6, Ref. RB  5.00% 07/01/2033      640       711,768
Series 2014 D-1, Ref. RB (INS - AGM)(h)  5.00% 07/01/2035    1,250     1,387,786
Series 2014 D-4, Ref. RB  5.00% 07/01/2029      640       712,642
Series 2015, RB  5.00% 07/01/2035    1,305     1,494,511
Michigan (State of) Finance Authority (Landmark Academy);                                
Series 2020, Ref. RB  5.00% 06/01/2035      170       187,771
Series 2020, Ref. RB  5.00% 06/01/2045      495       539,404
Michigan (State of) Finance Authority (MidMichigan Health Credit Group); Series 2014, Ref. RB(b)(c)  5.00% 06/01/2024    2,330     2,601,241
Michigan (State of) Finance Authority (Trinity Health Credit); Series 2017 MI, Ref. RB(b)(d)(j)  5.00% 12/01/2046    3,980     4,799,531
Michigan (State of) Hospital Finance Authority (Ascension Health Senior Credit Group); Series 2010, Ref. RB  5.00% 11/15/2047    1,000     1,261,352
Michigan (State of) Strategic Fund (I-75 Improvement Project); Series 2018, RB(i)  5.00% 12/31/2032      750       921,998
Wayne (County of), MI Airport Authority (Detroit Metropolitan Airport); Series 2017 B, RB(i)  5.00% 12/01/2042    1,000     1,206,951
          33,597,196
Minnesota–0.38%
Bethel (City of), MN (Spectrum High School);                                
Series 2017 A, Ref. RB  4.25% 07/01/2047      310       332,805
Series 2017 A, Ref. RB  4.38% 07/01/2052      500       538,011
St. Cloud (City of), MN (CentraCare Health System); Series 2019, Ref. RB  5.00% 05/01/2048    1,270     1,556,497
St. Paul (City of), MN Housing & Redevelopment Authority (Hope Community Academy); Series 2020, RB  5.00% 12/01/2055      430       462,898
          2,890,211
Mississippi–0.99%
Medical Center Educational Building Corp. (The University of Mississippi Medical Center New Facilities and Refinancing); Series 2017 A, Ref. RB  5.00% 06/01/2047    3,000     3,570,995
Mississippi (State of) Hospital Equipment & Facilities Authority (Baptist Memorial Health Care); Series 2016, RB  5.00% 09/01/2046    1,000     1,164,439
Mississippi Business Finance Corp. (System Energy Resources, Inc.); Series 2021, RB  2.38% 06/01/2044    1,135     1,096,371
West Rankin Utility Authority; Series 2018, RB(b)(c)  5.00% 01/01/2028    1,380     1,718,338
          7,550,143
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
Missouri–1.37%
Kansas City (City of), MO Industrial Development Authority (Downtown Redevelopment District); Series 2011 A, Ref. RB  5.50% 09/01/2028   $ 2,290 $    2,300,057
Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport);                                
Series 2019 B, RB(i)  5.00% 03/01/2046    1,235     1,498,007
Series 2019 B, RB (INS - AGM)(h)(i)  5.00% 03/01/2049    1,020     1,235,658
Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights); Series 2017 A, Ref. RB  5.25% 05/15/2050      520       573,763
Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services);                                
Series 2014, RB  5.00% 02/01/2035    1,000     1,070,902
Series 2019, Ref. RB  5.00% 02/01/2048      335       402,326
Missouri (State of) Health & Educational Facilities Authority (Ranken Technical College); Series 2011 B, VRD RB (LOC - Northern Trust Co. (The))(p)(q)  0.01% 11/01/2031      960       960,000
St. Louis (County of), MO Industrial Development Authority (Friendship Village West County); Series 2018 A, RB  5.00% 09/01/2038    2,140     2,405,993
          10,446,706
Nebraska–1.72%
Central Plains Energy Project (No. 3);                                
Series 2012, RB(r)  5.00% 09/01/2032    1,500     1,552,209
Series 2012, RB(r)  5.25% 09/01/2037    1,500     1,555,005
Series 2012, RB(r)  5.00% 09/01/2042    2,750     2,845,717
Series 2017 A, Ref. RB  5.00% 09/01/2034      210       284,305
Series 2017 A, Ref. RB  5.00% 09/01/2042    2,205     3,256,407
Central Plains Energy Project (No. 4); Series 2018, RB(c)  5.00% 01/01/2024    1,835     1,991,731
Douglas (County of), NE Hospital Authority No. 2 (Madonna Rehabilitation Hospital); Series 2014, RB  5.00% 05/15/2036    1,500     1,648,754
          13,134,128
New Hampshire–0.39%
New Hampshire (State of) Business Finance Authority; Series 2020 1-A, RB  4.13% 01/20/2034        1         1,163
New Hampshire (State of) Health and Education Facilities Authority; Series 2020 A, RB  5.00% 08/01/2059    1,835     2,948,241
          2,949,404
New Jersey–4.48%
Garden State Preservation Trust; Series 2005 A, RB (INS - AGM)(h)  5.75% 11/01/2028      940     1,149,767
New Jersey (State of) Economic Development Authority;                                
Series 2005 N-1, Ref. RB (INS - NATL)(d)(h)(j)  5.50% 09/01/2022    3,855     4,004,738
Series 2016 AAA, RB  5.00% 06/15/2041    1,100     1,287,535
New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.); Series 1999, RB(i)  5.13% 09/15/2023      475       493,355
New Jersey (State of) Economic Development Authority (School Facilities Construction); Series 2013, Ref. RB (SIFMA Municipal Swap Index + 1.60%)(o)  1.65% 03/01/2028      500       506,061
New Jersey (State of) Economic Development Authority (Social Bonds);                                
Series 2021, RB  4.00% 06/15/2034    1,050     1,234,404
Series 2021, RB  4.00% 06/15/2036      750       876,505
New Jersey (State of) Economic Development Authority (The Goethals Bridge Replacement);                                
Series 2013, RB(i)  5.13% 01/01/2034    1,250     1,371,149
Series 2013, RB(i)  5.38% 01/01/2043    1,000     1,100,545
New Jersey (State of) Higher Education Student Assistance Authority; Series 2018 B, Ref. RB(i)  5.00% 12/01/2024    1,135     1,283,188
New Jersey (State of) Transportation Trust Fund Authority;                                
Series 2008 A, RB (INS - BAM)(h)(k)  0.00% 12/15/2037    2,055     1,455,485
Series 2014, RB  5.00% 06/15/2030      945     1,177,124
Series 2015 AA, RB  5.25% 06/15/2033    1,545     1,783,039
Series 2015 AA, RB  4.75% 06/15/2035      655       728,663
Series 2018 A, Ref. RB  5.00% 12/15/2024      500       565,042
Series 2018 A, Ref. RB  5.00% 12/15/2032    1,265     1,561,099
Series 2018 A, Ref. RB  5.00% 12/15/2036      600       735,671
Series 2018 A, Ref. RN(d)(j)  5.00% 06/15/2029    1,625     1,911,165
Series 2018 A, Ref. RN(d)(j)  5.00% 06/15/2030      555       651,363
Series 2018 A, Ref. RN(d)(j)  5.00% 06/15/2031    1,020     1,194,241
Series 2022 AA, Ref. RB  5.00% 06/15/2036    1,875     2,388,921
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 Jersey–(continued)
Subseries 2016 A-1, RN  5.00% 06/15/2028   $ 1,035 $    1,219,624
New Jersey (State of) Turnpike Authority; Series 2013 A, RB(b)(c)  5.00% 07/01/2022      900       925,445
Salem (County of), NJ Pollution Control Financing Authority (Chambers); Series 2014 A, Ref. PCR(i)  5.00% 12/01/2023      510       532,790
Tobacco Settlement Financing Corp.;                                
Series 2018 A, Ref. RB  5.00% 06/01/2046    2,565     3,016,277
Series 2018 A, Ref. RB  5.25% 06/01/2046      855     1,024,091
          34,177,287
New York–22.19%
Build NYC Resource Corp. (Brooklyn Navy Yard); Series 2019, Ref. RB(g)(i)  5.25% 12/31/2033      400       436,996
Erie Tobacco Asset Securitization Corp.; Series 2005 A, RB  5.00% 06/01/2045    2,775     2,778,889
Hudson Yards Infrastructure Corp; Series 2020-XF2859, Ctfs. (INS - AGM)(d)(h)  4.00% 02/15/2047    3,380     3,810,095
Metropolitan Transportation Authority;                                
Series 2016 A, Ref. RB  5.25% 11/15/2032      640       774,339
Series 2019 A, RB (INS - AGM)(d)(h)  4.00% 11/15/2046    2,715     3,124,754
Series 2020 A-2, RB  4.00% 02/01/2022    1,190     1,197,277
Metropolitan Transportation Authority (Green Bonds);                                
Series 2017 C-1, Ref. RB  5.00% 11/15/2023      615       669,647
Series 2017 C-1, Ref. RB  4.00% 11/15/2038      550       619,064
Series 2020 A-1, RB (INS - BAM)(h)  4.00% 11/15/2053      400       463,655
Series 2020 C-1, RB  5.25% 11/15/2055    1,365     1,682,146
New York & New Jersey (States of) Port Authority;                                
Series 2017 200, Ref. RB  5.25% 10/15/2057    1,005     1,224,626
Two Hundred Seventh Series 2018, Ref. RB(d)(i)(j)  5.00% 09/15/2028    3,360     4,186,938
New York (City of), NY;                                
Series 2020-XM0925, GO Bonds(d)  5.00% 08/01/2043    2,365     3,018,230
Series 2021 A-1, GO Bonds  4.00% 08/01/2050    1,495     1,760,842
Series 2021 F-1, GO Bonds  5.00% 03/01/2050    1,000     1,272,425
Series 2021-XM0937, Ctfs.(d)  4.00% 03/01/2047    2,640     3,100,351
Subseries 2015 F-5, VRD GO Bonds(p)  0.02% 06/01/2044    2,000     2,000,000
New York (City of), NY Industrial Development Agency (Yankee Stadium); Series 2020, Ref. RB (INS - AGM)(h)  3.00% 03/01/2049    2,565     2,696,738
New York (City of), NY Transitional Finance Authority;                                
Series 2013 I, RB  5.00% 05/01/2038    7,000     7,443,518
Series 2018 S-2A, Ref. RB  5.00% 07/15/2034    1,270     1,583,160
Series 2020 C-1, RB  4.00% 05/01/2039    2,045     2,448,583
Subseries 2013, RB(d)  5.00% 11/01/2038   10,155    11,014,898
New York (City of), NY Water & Sewer System;                                
Series 2012 FF, RB(d)  5.00% 06/15/2045    9,285     9,523,674
Series 2019 EE-2, Ref. RB(d)  4.00% 06/15/2040    2,850     3,358,825
Series 2020 GG-1, RB(d)  5.00% 06/15/2048    6,485     8,230,013
New York (County of), NY Tobacco Trust VI; Subseries 2016 A-1, Ref. RB  5.75% 06/01/2043    3,240     4,299,680
New York (State of) Dormitory Authority;                                
Series 2009 C, RB (INS - AGC)(h)  5.00% 10/01/2024      225       225,892
Series 2018 E, RB(d)  5.00% 03/15/2045    5,850     7,290,681
Series 2021-XM0939, Revenue Ctfs.(d)  4.00% 03/15/2042    4,350     5,180,793
New York (State of) Dormitory Authority (Bidding Group 3); Series 2017 B, Ref. RB  5.00% 02/15/2042    1,755     2,134,333
New York (State of) Dormitory Authority (Catholic Health System Obligated Group);                                
Series 2019 A, Ref. RB  4.00% 07/01/2040      650       713,788
Series 2019 A, Ref. RB  5.00% 07/01/2041      700       825,568
New York (State of) Dormitory Authority (General Purpose);                                
Series 2013 A, RB(b)(c)  5.00% 02/15/2023    2,900     3,067,766
Series 2014 C, RB(d)  5.00% 03/15/2040    5,655     6,204,289
Series 2018 A, Ref. RB  5.25% 03/15/2038    1,265     1,610,494
New York (State of) Dormitory Authority (New York University); Series 1998 A, RB (INS - NATL)(h)  5.75% 07/01/2027      880     1,023,459
New York (State of) Mortgage Agency; Series 2021, RB  3.25% 10/01/2051      685       753,897
New York (State of) Thruway Authority;                                
Series 2020-XM0830, Ctfs.(d)  4.00% 01/01/2050    5,505     6,322,676
Series 2020-XX1127, Ctfs. (INS - AGM)(d)(h)(j)  4.00% 01/01/2050    2,670     3,088,146
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 (State of) Utility Debt Securitization Authority; Series 2013 TE, RB(d)  5.00% 12/15/2031   $ 2,910 $    3,180,692
New York City (City of), NY Transitional Finance Authority; Series 2020-XF2864, Ctfs.(d)  4.00% 11/01/2045    3,410     3,996,993
New York Liberty Development Corp. (3 World Trade Center); Series 2014, Class 1, Ref. RB(g)  5.00% 11/15/2044    5,880     6,425,781
New York Power Authority; Series 2020-XF0956, Ctfs.(d)  4.00% 11/15/2050    3,740     4,392,084
New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport);                                
Series 2020, Ref. RB(i)  5.25% 08/01/2031      630       753,880
Series 2020, Ref. RB(i)  5.38% 08/01/2036      965     1,217,615
New York Transportation Development Corp. (American Airlines, Inc.);                                
Series 2016, Ref. RB(i)  5.00% 08/01/2026    1,725     1,729,042
Series 2016, Ref. RB(i)  5.00% 08/01/2031    1,360     1,363,134
New York Transportation Development Corp. (Delta Air Lines, Inc. LaGuardia Airport Terminal C&D Redevelopment);                                
Series 2018, RB(i)  5.00% 01/01/2031      245       295,507
Series 2018, RB(i)  5.00% 01/01/2033    2,145     2,576,736
Series 2018, RB(i)  5.00% 01/01/2034    2,070     2,483,113
Series 2018, RB(i)  4.00% 01/01/2036    1,535     1,726,957
Series 2018, RB(i)  5.00% 01/01/2036      645       770,809
Series 2020, RB(i)  5.00% 10/01/2035      250       310,656
New York Transportation Development Corp. (Delta Air Lines, Inc.-Laguardia); Series 2020, RB(i)  5.00% 10/01/2040    2,045     2,517,990
New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment);                                
Series 2016 A, RB(i)  5.00% 07/01/2046    3,310     3,659,275
Series 2016 A, RB(i)  5.25% 01/01/2050    1,810     2,010,872
Rockland Tobacco Asset Securitization Corp.; Series 2001, RB  5.75% 08/15/2043    1,775     1,793,101
Suffolk Tobacco Asset Securitization Corp.; Series 2021, Ref. RB  4.00% 06/01/2050      425       498,592
Triborough Bridge & Tunnel Authority; Series 2020-XL0169, Revenue Ctfs.(d)  5.00% 05/15/2051    2,215     2,841,212
Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels); Series 2021 A, RB  5.00% 11/15/2051      685       875,229
TSASC, Inc.; Series 2016 B, Ref. RB  5.00% 06/01/2045    2,290     2,554,306
          169,134,721
North Carolina–2.88%
Charlotte (City of), NC; Series 2021 B, Ref. RB(i)  4.00% 07/01/2051    2,140     2,500,682
Charlotte (City of), NC (Charlotte Douglas International Airport); Series 2019, RB  4.00% 07/01/2044      640       742,532
Charlotte-Mecklenburg Hospital Authority (The) (Atrium Health Obligated Group); Series 2021, RB(c)  5.00% 12/01/2028      850     1,084,644
North Carolina (State of) Department of Transportation (I-77 HOT Lanes); Series 2015, RB(i)  5.00% 06/30/2054    3,180     3,470,586
North Carolina Capital Facilities Finance Agency; Series 2015 B, Ref. RB(b)(c)(d)  5.00% 10/01/2055    9,800    11,482,068
University of North Carolina at Chapel Hill; Series 2019, RB  5.00% 02/01/2049    1,685     2,651,967
          21,932,479
North Dakota–0.64%
Ward (County of), ND (Trinity Obligated Group);                                
Series 2017 C, RB  5.00% 06/01/2043    2,210     2,594,933
Series 2017 C, RB  5.00% 06/01/2048    1,970     2,299,274
          4,894,207
Ohio–6.63%
Akron, Bath & Copley Joint Township Hospital District (Summa Health Obligated Group); Series 2016, Ref. RB  5.25% 11/15/2046    2,695     3,187,443
American Municipal Power, Inc.; Series 2015 A, Ref. RB  5.00% 02/15/2042    1,105     1,207,092
American Municipal Power, Inc. (AMP Fremont Energy Center); Series 2012, RB(b)(c)  5.00% 02/15/2022    3,610     3,645,249
American Municipal Power, Inc. (Combined Hydroelectric); Series 2016 A, Ref. RB  5.00% 02/15/2037    1,470     1,706,919
American Municipal Power, Inc. (Greenup Hydroelectric); Series 2016 A, RB  5.00% 02/15/2046      545       630,161
Buckeye Tobacco Settlement Financing Authority;                                
Series 2020 A-2, Ref. RB  4.00% 06/01/2039      480       558,751
Series 2020 A-2, Ref. RB  4.00% 06/01/2048    4,430     5,011,811
Series 2020 B-2, Ref. RB  5.00% 06/01/2055    8,745    10,041,152
Series 2020 B-3, Ref. RB(k)  0.00% 06/01/2057    8,765     1,446,120
Cleveland (City of) & Cuyahoga (County of), OH Port Authority (Constellation Schools); Series 2014 A, Ref. RB  6.50% 01/01/2034    1,150     1,226,959
Columbus (City of) & Franklin (County of), OH Finance Authority (Easton); Series 2020, RB(g)  5.00% 06/01/2028      805       869,786
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
Ohio–(continued)
Cuyahoga (County of), OH (Metrohealth System); Series 2017, Ref. RB  5.50% 02/15/2052   $ 1,730 $    2,071,896
Gallia (County of), OH (Holzer Health System Obligated Group); Series 2012, Ref. RB(b)(c)  8.00% 07/01/2022    1,505     1,570,464
Hamilton (County of), OH (Life Enriching Communities); Series 2016, Ref. RB  5.00% 01/01/2046    2,525     2,754,036
Hamilton (County of), OH (Trihealth, Inc. Obligated Group); Series 2017 A, RB  5.00% 08/15/2047    2,520     3,000,060
Lucas (County of), OH (ProMedica Healthcare System); Series 2018 A, Ref. RB  5.25% 11/15/2048    1,710     2,067,451
Montgomery (County of), OH (Trousdale Foundation Properties); Series 2018 A, RB (Acquired 08/29/2018; Cost $1,410,648)(f)(g)  6.00% 04/01/2038    1,440       708,540
Muskingum (County of), OH (Genesis Healthcare System); Series 2013, RB  5.00% 02/15/2044    1,000     1,038,425
Ohio (State of) (Portsmouth Bypass); Series 2015, RB (INS - AGM)(h)(i)  5.00% 12/31/2039      825       924,855
Ohio (State of) (University Health System, Inc.); Series 2021 A, Ref. RB  4.00% 01/15/2046    2,555     2,979,054
Ohio (State of) Air Quality Development Authority (Ohio Valley Electric Corp.); Series 2014, RB(c)(i)  2.60% 10/01/2029    1,000     1,053,510
Ohio (State of) Air Quality Development Authority (Pratt Paper LLC); Series 2017, RB(g)(i)  4.25% 01/15/2038      600       686,304
Ohio (State of) Water Development Authority (Water Pollution Control Loan Fund); Series 2020 A, RB  5.00% 12/01/2050    1,705     2,173,182
          50,559,220
Oklahoma–1.98%
Edmond Public Works Authority;                                
Series 2017, RB(d)  5.00% 07/01/2042    2,780     3,361,701
Series 2017, RB(d)  5.00% 07/01/2047    3,265     3,932,438
Oklahoma (State of) Development Finance Authority (OU Medicine); Series 2018 B, RB  5.50% 08/15/2057    5,115     6,318,290
Oklahoma (State of) Development Finance Authority (Provident Oklahoma Education Resources, Inc.-Cross Village Student Housing); Series 2017, RB(e)  5.00% 08/01/2052    1,990        29,850
Oklahoma (State of) Water Resources Board; Series 2018 C, RB  4.00% 10/01/2048    1,285     1,442,877
          15,085,156
Oregon–0.64%
Clackamas (County of), OR Hospital Facility Authority (Rose Villa); Series 2020 A, Ref. RB  5.38% 11/15/2055      510       562,681
University of Oregon; Series 2020, RB(d)(j)  5.00% 04/01/2050    3,410     4,301,713
          4,864,394
Pennsylvania–3.20%
Allegheny (County of), PA Hospital Development Authority (Allegheny Health Network Obligated Group Issue);                                
Series 2018 A, Ref. RB  4.00% 04/01/2044      855       954,286
Series 2018 A, Ref. RB  5.00% 04/01/2047    1,000     1,197,805
Berks (County of), PA Industrial Development Authority (Highlands at Wyomissing (The)); Series 2017 C, RB  5.00% 05/15/2037    1,000     1,100,531
Coatesville School District; Series 2020 A, GO Bonds (INS - BAM)(h)(k)  0.00% 10/01/2036      700       439,262
Franklin (County of), PA Industrial Development Authority (Menno-Haven, Inc.); Series 2018, Ref. RB  5.00% 12/01/2027      750       850,241
Pennsylvania (Commonwealth of) Economic Development Financing Authority (UPMC); Series 2021 A, Ref. RB  4.00% 10/15/2040      600       720,251
Pennsylvania (Commonwealth of) Turnpike Commission;                                
Series 2014 A, RB  4.75% 12/01/2037    1,010     1,166,362
Series 2018 A-2, RB  5.00% 12/01/2048    1,220     1,509,670
Series 2018 B, RB  5.25% 12/01/2048    1,200     1,503,927
Series 2021 A, RB  4.00% 12/01/2043      465       543,879
Series 2021 A, RB  4.00% 12/01/2044      510       595,195
Subseries 2014 A-2, RB(l)  5.13% 12/01/2039    1,000     1,111,946
Subseries 2017 B-1, RB  5.25% 06/01/2047    2,400     2,903,999
Philadelphia (City of), PA;                                
Series 2017 A, RB  5.00% 10/01/2052    1,125     1,352,866
Series 2017 B, Ref. RB(i)  5.00% 07/01/2047    2,985     3,543,744
Series 2021, Ref. RB (INS - AGM)(h)(i)  4.00% 07/01/2037    2,085     2,480,389
Philadelphia (City of), PA Authority for Industrial Development (String Theory Charter School);                                
Series 2020, Ref. RB(g)  5.00% 06/15/2040      155       181,595
Series 2020, Ref. RB(g)  5.00% 06/15/2050      290       335,390
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–(continued)
Philadelphia (City of), PA Industrial Development Authority (Thomas Jefferson University);                                
Series 2017 A, Ref. RB  5.00% 09/01/2035   $   735 $      879,183
Series 2017 A, Ref. RB  5.00% 09/01/2047      865     1,025,773
          24,396,294
Puerto Rico–5.36%
Children’s Trust Fund;                                
Series 2002, RB  5.50% 05/15/2039    3,525     3,619,340
Series 2002, RB  5.63% 05/15/2043    1,520     1,528,925
Series 2005 A, RB(k)  0.00% 05/15/2050    6,050       981,399
Series 2005 B, RB(k)  0.00% 05/15/2055    2,600       240,283
Series 2008 A, RB(k)  0.00% 05/15/2057   15,290     1,086,864
Series 2008 B, RB(k)  0.00% 05/15/2057   38,355     2,130,007
Puerto Rico (Commonwealth of);                                
Series 2003 C-7, Ref. GO Bonds (INS - NATL)(h)  6.00% 07/01/2027      405       409,519
Series 2012 A, Ref. GO Bonds (INS - AGM)(h)  5.00% 07/01/2035      470       473,629
Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority;                                
Series 2012 A, RB(b)  5.00% 07/01/2033      180       184,740
Series 2012 A, RB(b)  5.13% 07/01/2037    1,620     1,663,830
Puerto Rico (Commonwealth of) Electric Power Authority;                                
Series 2007 VV, Ref. RB (INS - NATL)(h)  5.25% 07/01/2032    1,825     1,979,154
Series 2007 VV, Ref. RB (INS - NATL)(h)  5.25% 07/01/2033      750       815,111
Series 2007 VV, Ref. RB (INS - NATL)(h)  5.25% 07/01/2035      660       721,005
Puerto Rico (Commonwealth of) Highway & Transportation Authority;                                
Series 2002 D, RB (INS - AGM)(h)  5.00% 07/01/2032      125       125,937
Series 2005 L, Ref. RB (INS - NATL)(h)  5.25% 07/01/2035      350       380,298
Series 2007 CC, Ref. RB (INS - AGM)(h)  5.25% 07/01/2033    1,260     1,376,669
Series 2007 N, Ref. RB (INS - NATL)(h)  5.25% 07/01/2032      785       851,307
Series 2007 N, Ref. RB (INS - AGC)(h)  5.25% 07/01/2034    1,225     1,329,001
Series 2007 N, Ref. RB (INS - AGC)(h)  5.25% 07/01/2036    1,100     1,187,421
Puerto Rico (Commonwealth of) Public Buildings Authority (Government Facilities); Series 2007 M-3, Ref. RB (INS - NATL)(h)  6.00% 07/01/2024    2,065     2,088,041
Puerto Rico Sales Tax Financing Corp.;                                
Series 2018 A-1, RB(k)  0.00% 07/01/2027      455       416,388
Series 2018 A-1, RB(k)  0.00% 07/01/2029    1,525     1,319,279
Series 2018 A-1, RB(k)  0.00% 07/01/2031      330       265,181
Series 2018 A-1, RB(k)  0.00% 07/01/2033    2,165     1,621,197
Series 2018 A-1, RB(k)  0.00% 07/01/2046    8,515     2,847,445
Series 2018 A-1, RB(k)  0.00% 07/01/2051   15,510     3,754,082
Series 2018 A-1, RB  4.75% 07/01/2053    1,385     1,569,647
Series 2018 A-1, RB  5.00% 07/01/2058    4,045     4,643,892
Series 2019 A-2, RB  4.33% 07/01/2040    1,115     1,251,596
          40,861,187
Rhode Island–0.16%
Tobacco Settlement Financing Corp.; Series 2015 A, Ref. RB  5.00% 06/01/2035    1,105     1,241,515
South Carolina–1.42%
South Carolina (State of) Jobs-Economic Development Authority (Lutheran Homes); Series 2013, RB  5.00% 05/01/2028    1,000     1,030,406
South Carolina (State of) Jobs-Economic Development Authority (Palmetto Health Alliance); Series 2013 A, Ref. RB(b)(c)  5.25% 08/01/2023    1,600     1,731,972
South Carolina (State of) Ports Authority;                                
Series 2015, RB(b)(c)(i)  5.25% 07/01/2025    1,905     2,223,519
Series 2015, RB(b)(c)(i)  5.25% 07/01/2025      240       280,128
Series 2015, RB(b)(c)(i)  5.25% 07/01/2025    1,140     1,330,610
South Carolina (State of) Public Service Authority;                                
Series 2014 C, Ref. RB  5.00% 12/01/2046    1,215     1,367,507
Series 2021 B, RB  4.00% 12/01/2047    2,440     2,877,409
          10,841,551
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
South Dakota–0.47%
South Dakota (State of) Health & Educational Facilities Authority (Sanford Obligated Group);                                
Series 2014 B, RB  5.00% 11/01/2044   $ 1,660 $    1,853,710
Series 2015, Ref. RB  5.00% 11/01/2045    1,475     1,687,839
          3,541,549
Tennessee–1.16%
Greeneville (Town of), TN Health & Educational Facilities Board (Ballad Health Obligated Group); Series 2018 A, Ref. RB  5.00% 07/01/2036    1,770     2,152,800
Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (Lipscomb University); Series 2019 A, Ref. RB  5.00% 10/01/2038    1,585     1,942,586
Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt University Medical Center); Series 2016 A, RB  5.00% 07/01/2046    1,450     1,702,881
Nashville (City of), TN Metropolitan Airport Authority; Series 2019 B, RB(i)  5.00% 07/01/2049      665       822,942
Tennessee Energy Acquisition Corp.; Series 2021 A, RB(c)  5.00% 11/01/2031    1,700     2,200,299
          8,821,508
Texas–12.87%
Austin (City of), TX; Series 2012, Ref. RB  5.00% 11/15/2042    1,750     1,825,035
Board of Regents of the University of Texas System; Series 2020 A, Ref. RB  3.50% 08/15/2050    1,565     1,976,976
Central Texas Regional Mobility Authority;                                
Series 2020 E, RB  5.00% 01/01/2045      725       901,273
Series 2020 E, RB  4.00% 01/01/2050    1,500     1,719,185
Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB  5.75% 08/15/2033    1,710     1,976,791
Dallas & Fort Worth (Cities of), TX (Dallas/Fort Worth International Airport);                                
Series 2013 A, RB(b)(c)(i)  5.00% 11/01/2022    1,700     1,772,522
Series 2014 A, Ref. RB(i)  5.25% 11/01/2026    1,000     1,090,436
Dallas (City or), TX Area Rapid Transit; Series 2021 B, Ref. RB  4.00% 12/01/2051    1,280     1,504,468
Gulf Coast Industrial Development Authority (ExxonMobil); Series 2012, VRD RB(p)  0.01% 11/01/2041    1,850     1,850,000
Houston (City of), TX (United Airlines, Inc.);                                
Series 2018, RB(i)  5.00% 07/15/2028      505       602,470
Series 2021 A, RB(i)  4.00% 07/01/2041      600       642,444
Houston (City of), TX Airport System (United Airlines, Inc. Terminal E); Series 2014, Ref. RB(i)  4.75% 07/01/2024    1,780     1,886,972
Katy Independent School District; Series 2021 D, GO Bonds (CEP - Texas Permanent School Fund)  3.00% 02/15/2051    1,000     1,080,509
La Vernia Higher Education Finance Corp. (Meridian World School); Series 2015 A, RB(b)(c)(g)  5.50% 08/15/2024    1,360     1,541,127
Lower Colorado River Authority;                                
Series 2012 A, Ref. RB(b)(c)  5.00% 05/15/2022        5         5,106
Series 2012 A, Ref. RB(b)  5.00% 05/15/2030    2,390     2,441,420
Mission Economic Development Corp. (Natgasoline); Series 2018, Ref. RB(g)(i)  4.63% 10/01/2031    3,150     3,313,460
New Hope Cultural Education Facilities Corp. (Presbyterian Village North);                                
Series 2018, Ref. RB  5.00% 10/01/2028    1,005     1,115,361
Series 2018, Ref. RB  5.00% 10/01/2031      600       659,154
New Hope Cultural Education Facilities Finance Corp. (4-K Housing, Inc.-Stoney Brook);                                
Series 2017 B, RB  4.75% 07/01/2042    1,115       788,569
Series 2017 B, RB  5.00% 07/01/2052      595       404,687
New Hope Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community);                                
Series 2021 A-1, RB  7.50% 11/15/2037       75        75,068
Series 2021, RB  2.00% 11/15/2061    1,000       688,158
New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community);                                
Series 2016, Ref. RB  5.00% 07/01/2036      815       845,667
Series 2016, Ref. RB  5.00% 07/01/2046      665       680,812
New Hope Cultural Education Facilities Finance Corp. (CHF-Collegiate Housing College Station I, LLC - Texas A&M University); Series 2014 A, RB (INS - AGM)(h)  5.00% 04/01/2046    2,055     2,245,033
New Hope Cultural Education Facilities Finance Corp. (Forefront Living Plano); Series 2020 A, RB(g) 10.00% 12/01/2025      265       290,333
New Hope Cultural Education Facilities Finance Corp. (Longhorn Village);                                
Series 2017, Ref. RB  5.00% 01/01/2042      505       542,126
Series 2017, Ref. RB  5.00% 01/01/2047      630       674,979
New Hope Cultural Education Facilities Finance Corp. (Presbyterian Village North); Series 2020, RB  5.25% 10/01/2055    2,550     2,822,933
North Texas Tollway Authority;                                
Series 2008 I, Ref. RB(b)(c)  6.20% 01/01/2025    1,000     1,176,629
Series 2015 B, Ref. RB(d)(j)  5.00% 01/01/2040   10,095    10,591,283
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)
San Antonio (City of), TX; Series 2013, RB(b)(c)  5.00% 02/01/2023   $ 2,695 $    2,845,545
San Antonio (City of), TX Water System; Series 2021 A, Ref. RB  4.00% 05/15/2051    1,325     1,583,309
Tarrant County Cultural Education Facilities Finance Corp.; Series 2016 A, Ref. RB(d)  5.00% 02/15/2047    3,530     4,167,411
Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group);                                
Series 2016, Ref. RB  5.00% 05/15/2037    2,830     3,044,175
Series 2016, Ref. RB  5.00% 05/15/2045    1,380     1,476,220
Tarrant County Cultural Education Facilities Finance Corp. (Buckingham Senior Living Community, Inc.); Series 2007, RB (Acquired 12/07/2007; Cost $743,795)(e)(f)  5.75% 12/31/2049      825       470,250
Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home);                                
Series 2007, RB (Acquired 12/19/2007; Cost $412,619)(e)(f)  5.75% 02/15/2025      440       308,000
Series 2017 A, RB (Acquired 12/15/2016; Cost $2,003,663)(e)(f)  6.38% 02/15/2048    1,985     1,389,500
Tarrant County Cultural Education Facilities Finance Corp. (MRC Stevenson Oaks);                                
Series 2020, Ref. RB  6.63% 11/15/2041       85       100,273
Series 2020, Ref. RB  6.75% 11/15/2051       85        99,882
Series 2020, Ref. RB  6.88% 11/15/2055       85       100,243
Tarrant County Cultural Education Facilities Finance Corp. (Texas Health Resources System); Series 2016 A, Ref. RB  5.00% 02/15/2041    4,315     5,094,158
Texas (State of) (College Student Loan); Series 2017, GO Bonds(i)  3.00% 08/01/2034    1,000     1,086,438
Texas (State of) Transportation Commission;                                
Series 2016 A, GO Bonds  5.00% 04/01/2044    1,730     2,024,009
Series 2019, RB(k)  0.00% 08/01/2042    2,290     1,007,910
Texas (State of) Transportation Commission (Central Texas Turnpike System);                                
Series 2012 A, Ref. RB(b)(c)  5.00% 08/15/2022    3,780     3,909,370
Series 2015 B, Ref. RB(k)  0.00% 08/15/2036    3,555     2,050,484
Series 2015 B, Ref. RB(k)  0.00% 08/15/2037    1,210       665,144
Series 2015 C, Ref. RB  5.00% 08/15/2042    5,275     5,902,145
Texas (State of) Water Development Board (State Water Implementation Fund); Series 2017 A, RB  4.00% 10/15/2035      280       328,465
Texas Municipal Gas Acquisition & Supply Corp. I; Series 2008 D, RB  6.25% 12/15/2026    4,165     4,805,111
Texas Private Activity Bond Surface Transportation Corp. (Blueridge Transportation Group, LLC SH 288 Toll Lanes); Series 2016, RB(i)  5.00% 12/31/2055    1,170     1,304,287
Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners Segments 3 LLC Segments 3A and 3B Facility); Series 2013, RB(i)  7.00% 12/31/2038    1,500     1,669,665
Texas Private Activity Bond Surface Transportation Corp. (Segment 3C); Series 2019, RB(i)  5.00% 06/30/2058    2,430     2,921,267
Travis County Cultural Education Facilities Finance Corp. (Wayside Schools); Series 2012 A, RB  5.25% 08/15/2042       10        10,030
          98,094,277
Utah–4.28%
Black Desert Public Infrastructure District; Series 2021 A, GO Bonds(g)  4.00% 03/01/2051      500       514,317
Military Installation Development Authority; Series 2021 A-2, RB  4.00% 06/01/2052      500       490,914
Salt Lake City (City of), UT;                                
Series 2017 A, RB(d)(i)  5.00% 07/01/2047    2,770     3,308,161
Series 2018 A, RB(i)  5.00% 07/01/2048    1,245     1,495,203
Series 2018 A, RB(i)  5.25% 07/01/2048    1,650     2,009,416
Series 2021 A, RB(i)  5.00% 07/01/2051    3,745     4,711,517
University of Utah; Series 2013 A, RB(b)(c)(d)  5.00% 08/01/2023   14,235    15,359,050
Utah (County of), UT; Series 2016 B, RB(d)  4.00% 05/15/2047    2,070     2,235,218
Weber (County of), UT (IHC Health Services, Inc.); Series 2000 C, VRD RB(p)  0.01% 02/15/2035    2,500     2,500,000
          32,623,796
Virgin Islands–0.25%
Virgin Islands (Government of) Public Finance Authority (Matching Fund Loan Note);                                
Series 2010 A, RB  5.00% 10/01/2025      655       656,704
Series 2010 A, RB  5.00% 10/01/2029    1,250     1,253,252
          1,909,956
Virginia–2.51%
Roanoke (City of), VA Economic Development Authority (Carilion Clinic Obligated Group); Series 2020, Ref. RB  5.00% 07/01/2047    1,275     1,966,709
Roanoke (City of), VA Economic Development Authority (Richfield Living); Series 2020, RB (Acquired 01/23/2020; Cost $335,000)(f)  5.00% 09/01/2050      335       305,236
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
Virginia–(continued)
Virginia (Commonwealth of) Small Business Financing Authority (95 Express Lanes LLC);                                
Series 2017, RB(i)  5.00% 01/01/2040   $   380 $      381,421
Series 2019, RB(i)  5.00% 01/01/2044    2,435     2,443,877
Virginia (Commonwealth of) Small Business Financing Authority (Elizabeth River Crossings Opco, LLC);                                
Series 2012, RB(i)  6.00% 01/01/2037      905       934,193
Series 2012, RB(i)  5.50% 01/01/2042    3,650     3,753,911
Virginia (Commonwealth of) Small Business Financing Authority (Express Lanes, LLC); Series 2012, RB(i)  5.00% 07/01/2034    3,390     3,402,890
Virginia (Commonwealth of) Small Business Financing Authority (Transform 66 P3);                                
Series 2017, RB(i)  5.00% 12/31/2049    1,190     1,421,623
Series 2017, RB(i)  5.00% 12/31/2052    2,505     2,979,957
Virginia (Commonwealth of) Transportation Board; Series 2017, RB  4.00% 05/15/2042    1,345     1,535,462
          19,125,279
Washington–3.25%
Energy Northwest (Columbia Generating Station); Series 2020 A, Ref. RB  4.00% 07/01/2039    1,575     1,891,750
Kalispel Tribe of Indians; Series 2018 A, RB(g)  5.00% 01/01/2032    1,400     1,662,813
King (County of), WA; Series 2020 A, Ref. RB  4.00% 01/01/2052    3,060     3,563,389
Washington (State of); Series 2019 A, GO Bonds(d)  5.00% 08/01/2042    1,910     2,362,259
Washington (State of) Convention Center Public Facilities District;                                
Series 2018, RB  5.00% 07/01/2043    1,195     1,447,260
Series 2018, RB(d)(j)  5.00% 07/01/2048    4,275     5,145,916
Series 2018, RB  5.00% 07/01/2048      855     1,020,376
Washington (State of) Health Care Facilities Authority; Series 2019 A-2, Ref. RB(d)(j)  5.00% 08/01/2044    3,705     4,554,500
Washington (State of) Housing Finance Commission (Bayview Manor Homes);                                
Series 2016 A, Ref. RB(g)  5.00% 07/01/2046      440       455,070
Series 2016 A, Ref. RB(g)  5.00% 07/01/2051      365       376,733
Washington (State of) Tobacco Settlement Authority; Series 2013, Ref. RB  5.25% 06/01/2033    2,250     2,301,524
          24,781,590
West Virginia–0.13%
Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District); Series 2020, Ref. RB(g)  7.50% 06/01/2043      850       998,754
Wisconsin–3.84%
Public Finance Authority (American Dream at Meadowlands);                                
Series 2017, RB(g)  6.75% 08/01/2031      640       683,456
Series 2017, RB(g)  6.75% 12/01/2042    2,190     2,391,216
Public Finance Authority (KU Campus Development Corp.); Series 2016, RB(d)(j)  5.00% 03/01/2046    6,060     7,036,186
Public Finance Authority (Mallard Creek Stem Academy); Series 2019 A, RB(g)  5.13% 06/15/2039      630       687,212
Wisconsin (State of) Center District;                                
Series 2020 D, RB (INS - AGM)(h)(k)  0.00% 12/15/2055    6,470     1,877,579
Series 2020 D, RB (INS - AGM)(h)(k)  0.00% 12/15/2060   25,015     5,768,161
Wisconsin (State of) Health & Educational Facilities Authority (Ascension Health Alliance); Series 2013, Ref. RB  4.00% 11/15/2043    1,255     1,458,463
Wisconsin (State of) Health & Educational Facilities Authority (Aspirus, Inc. Obligated Group); Series 2021, RB  4.00% 08/15/2051    2,850     3,308,651
Wisconsin (State of) Public Finance Authority (Explore Academy); Series 2020 A, RB(g)  6.13% 02/01/2050      425       466,473
Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center); Series 2018 A-1, RB(g)  6.38% 01/01/2048      665       517,086
Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.);                                
Series 2018 A, RB  5.20% 12/01/2037    1,710     2,042,056
Series 2018 A, RB  5.35% 12/01/2045    1,710     2,032,355
Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences); Series 2015, Ref. RB  5.75% 04/01/2035      895     1,019,669
          29,288,563
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
Wyoming–0.36%
Wyoming (State of) Municipal Power Agency; Series 2017 A, Ref. RB(b)(c)(d)  5.00% 01/01/2047   $ 2,250 $    2,731,708
TOTAL INVESTMENTS IN SECURITIES(s)–162.72% (Cost $1,152,037,157)     1,240,255,119
FLOATING RATE NOTE OBLIGATIONS–(26.24)%      
Notes with interest and fee rates ranging from 0.57% to 0.77% at 11/30/2021 and
contractual maturities of collateral ranging from 09/01/2022 to 04/01/2056(t)
                     (199,975,000)
VARIABLE RATE MUNI TERM PREFERRED SHARES–(35.86)%     (273,292,176)
OTHER ASSETS LESS LIABILITIES–(0.62)%     (4,795,727)
NET ASSETS APPLICABLE TO COMMON SHARES–100.00%     $762,192,216
Investment Abbreviations:
AGC – Assured Guaranty Corp.
AGM – Assured Guaranty Municipal Corp.
BAM – Build America Mutual Assurance Co.
CEP – Credit Enhancement Provider
Ctfs. – Certificates
GO – General Obligation
IDR – Industrial Development Revenue Bonds
INS – Insurer
LOC – Letter of Credit
NATL – National Public Finance Guarantee Corp.
PCR – Pollution Control Revenue Bonds
RAC – Revenue Anticipation Certificates
RB – Revenue Bonds
Ref. – Refunding
RN – Revenue Notes
SIFMA – Securities Industry and Financial Markets Association
VRD – Variable Rate Demand
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) Underlying security related to TOB Trusts entered into by the Trust.
(e) 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, 2021 was $4,787,694, which represented less than 1% of the Trust’s Net Assets.
(f) Restricted security. The aggregate value of these securities at November 30, 2021 was $6,771,789, which represented less than 1% of the Trust’s Net Assets.
(g) 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, 2021 was $46,965,973, which represented 6.16% of the Trust’s Net Assets.
(h) Principal and/or interest payments are secured by the bond insurance company listed.
(i) Security subject to the alternative minimum tax.
(j) 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 $50,046,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts.
(k) Zero coupon bond issued at a discount.
(l) Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date.
(m) Security valued using significant unobservable inputs (Level 3). See Note 1.
(n) 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, 2021.
(p) 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, 2021.
(q) Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.
(r) Security subject to crossover refunding.
(s) Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligation but may be called upon to satisfy issuer’s obligations. No concentration of any single entity was greater than 5% each.
(t) Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2021. At November 30, 2021, the Trust’s investments with a value of $323,605,528 are held by TOB Trusts and serve as collateral for the $199,975,000 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, 2021
(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 or are unreliable. 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 the Trust’s own 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, 2021. 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 $— $1,238,868,790 $1,386,329 $1,240,255,119
Other Investments - Assets        
Investments Matured 88 88
Total Investments $— $1,238,868,878 $1,386,329 $1,240,255,207
Invesco Trust for Investment Grade Municipals