Sub-Item 77M
MERGERS
INVESCO XXX XXXXXX MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST TO INVESCO XXX
XXXXXX MUNICIPAL TRUST
On July 2, 2012, the Board of Trustees of Invesco Xxx Xxxxxx Massachusetts
Value Municipal Income Trust (the "Target Fund") approved an Agreement and Plan
of Merger (the "Agreement"). On August 14, 2012, at a Joint Annual Meeting for
shareholders of common shares of beneficial interest of Invesco Xxx Xxxxxx
Massachusetts Value Municipal Income Trust, shareholders approved the Agreement
that provided for the merger of the Target Fund with and into Invesco Xxx
Xxxxxx Municipal Trust (the "Acquiring Fund") (the "Merger") pursuant to the
Delaware Statutory Trust Act. Pursuant to the Agreement, on August 27, 2012,
the Acquiring Fund issued new Common Shares. Common Shares of the Target Fund
were exchanged for newly issued Acquiring Fund Common Shares of equal aggregate
net asset value. The Acquiring Fund assumed all of the liabilities of the
Target Fund. Common Shares of the Acquiring Fund owned after the merger will
have an aggregate net asset value equal to the net asset value of the Target
Fund Common Shares held immediately before the Merger. Shareholders of the
Target Fund and Acquiring Fund will recognize no gain or loss for federal
income tax purposes upon the exchange of all shares of the Target Fund for
shares in the Acquiring Fund.
INVESCO XXX XXXXXX OHIO QUALITY MUNICIPAL TRUST TO INVESCO XXX XXXXXX MUNICIPAL
TRUST
On July 2, 2012, the Board of Trustees of Invesco Xxx Xxxxxx Ohio Quality
Municipal Trust (the "Target Fund") approved an Agreement and Plan of Merger
(the "Agreement"). On August 14, 2012, at a Joint Annual Meeting for
shareholders of common shares of beneficial interest of Invesco Xxx Xxxxxx Ohio
Quality Municipal Trust, shareholders approved the Agreement that provided for
the merger of the Target Fund with and into Invesco Xxx Xxxxxx Municipal Trust
(the "Acquiring Fund") (the "Merger") pursuant to the Delaware Statutory Trust
Act. Pursuant to the Agreement, on August 27, 2012, the Acquiring Fund issued
new Common Shares. Common Shares of the Target Fund were exchanged for newly
issued Acquiring Fund Common Shares of equal aggregate net asset value. The
Acquiring Fund assumed all of the liabilities of the Target Fund. Common Shares
of the Acquiring Fund owned after the merger will have an aggregate net asset
value equal to the net asset value of the Target Fund Common Shares held
immediately before the Merger. Shareholders of the Target Fund and Acquiring
Fund will recognize no gain or loss for federal income tax purposes upon the
exchange of all shares of the Target Fund for shares in the Acquiring Fund.
INVESCO XXX XXXXXX TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS TO INVESCO
XXX XXXXXX MUNICIPAL TRUST
On July 2, 2012, the Board of Trustees of Invesco Xxx Xxxxxx Trust for
Investment Grade New Jersey Municipals (the "Target Fund") approved an
Agreement and Plan of Merger (the "Agreement"). On August 14, 2012, at a Joint
Annual Meeting for shareholders of common shares of beneficial interest of
Invesco Xxx Xxxxxx Trust for Investment Grade New Jersey Municipals,
shareholders approved the Agreement that provided for the merger of the Target
Fund with and into Invesco Xxx Xxxxxx Municipal Trust (the "Acquiring Fund")
(the "Merger") pursuant to the Delaware Statutory Trust Act. Pursuant to
the Agreement, on August 27, 2012, the Acquiring Fund issued new Common Shares.
Common Shares of the Target Fund were exchanged for newly issued Acquiring Fund
Common Shares of equal aggregate net asset value. The Acquiring Fund assumed
all of the liabilities of the Target Fund. Common Shares of the Acquiring Fund
owned after the merger will have an aggregate net asset value equal to the net
asset value of the Target Fund Common Shares held immediately before the
Merger. Shareholders of the Target Fund and Acquiring Fund will recognize no
gain or loss for federal income tax purposes upon the exchange of all shares of
the Target Fund for shares in the Acquiring Fund.
FOR A MORE DETAILED DISCUSSION ON THE MERGER, PLEASE SEE THE AGREEMENT AND PLAN
OF MERGER FILED HEREIN UNDER ITEM 77Q1(g).
