AI assistant
Invesco Bond Fund — Proxy Solicitation & Information Statement 2021
Jul 1, 2021
33791_rns_2021-07-01_354180cd-3371-4f7b-a244-7a941a457d06.zip
Proxy Solicitation & Information Statement
Open in viewerOpens in your device viewer
DEFA14A 1 d176905ddefa14a.htm DEFA14A DEFA14A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
|---|---|
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☐ | Definitive Proxy Statement |
| ☒ | Definitive Additional Materials |
| ☐ | Soliciting Material Pursuant to § 240.14a-11(c) or § 240.14a-12 |
INVESCO ADVANTAGE MUNICIPAL INCOME TRUST II
INVESCO BOND FUND
INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST
INVESCO HIGH INCOME 2023 TARGET TERM FUND
INVESCO HIGH INCOME 2024 TARGET TERM FUND
INVESCO HIGH INCOME TRUST II
INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST
INVESCO MUNICIPAL OPPORTUNITY TRUST
INVESCO MUNICIPAL TRUST
INVESCO PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST
INVESCO QUALITY MUNICIPAL INCOME TRUST
INVESCO SENIOR INCOME TRUST
INVESCO TRUST FOR INVESTMENT GRADE MUNICIPALS
INVESCO TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS
INVESCO VALUE MUNICIPAL INCOME TRUST
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. | |
|---|---|---|
| ☐ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. | |
| 1) | Title of each class of securities to which transaction applies: | |
| 2) | Aggregate number of securities to which transaction applies: | |
| 3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing | |
| fee is calculated and state how it was determined): | ||
| 4) | Proposed maximum aggregate value of transaction: | |
| 5) | Total fee paid: | |
| ☐ | Fee paid previously with preliminary materials. | |
| ☐ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement | |
| number, or the Form or Schedule and the date of its filing. | ||
| 1) | Amount Previously Paid: | |
| 2) | Form, Schedule or Registration Statement No.: | |
| 3) | Filing Party: | |
| 4) | Date Filed: |
Proxy Voting Information
Annual Meeting of Shareholders of the Invesco Closed-End Funds
August 6, 2021 at 2:00 p.m. Central Daylight Time
Due to the coronavirus outbreak (COVID-19) and to support the health and well-being of the Funds shareholders, employees, and community, the Meeting this year will be conducted exclusively online via live webcast. To participate in the Meeting, shareholders will need to follow the instructions found on the proxy card and in the proxy statement. The Meeting will begin promptly at 2:00 p.m. Central Daylight Time. The Funds encourage you to access the Meeting prior to the start time leaving ample time for the check in. All shareholders will be required to enter their individual control number in order to enter the Meeting. Only shareholders of the Funds will be able to participate in the Meeting.
Proxy statements were mailed on or about June 28, 2021 to shareholders of record as of the close of business on May 10, 2021 for the Funds listed below. The purpose of the proxy statement is to elect certain trustees to the Board of Trustees for the Funds listed below and for Invesco Bond Fund, to approve the removal of the fundamental restriction prohibiting investments in options that are not options on debt securities or in closing purchase transactions, as reflected in Invesco Bond Funds registration statement . The proxy statement contains information about the proposals for which votes or voting instructions have been solicited. You can also access your Funds proxy statement, common questions regarding your Funds proposal(s), and your Funds annual report by clicking on the Fund name listed below.
Invesco Advantage Municipal Income Trust II (VKI)
Invesco Bond Fund (VBF)
Invesco California Value Municipal Income Trust (VCV)
Invesco High Income 2023 Target Term Fund (IHIT)
Invesco High Income 2024 Target Term Fund (IHTA)
Invesco High Income Trust II (VLT)
Invesco Municipal Income Opportunities Trust (OIA)
Invesco Municipal Opportunity Trust (VMO)
Invesco Municipal Trust (VKQ)
Invesco Pennsylvania Value Municipal Income Trust (VPV)
Invesco Quality Municipal Income Trust (IQI)
Invesco Senior Income Trust (VVR)
Invesco Trust for Investment Grade Municipals (VGM)
Invesco Trust for Investment Grade New York Municipals (VTN)
Invesco Value Municipal Income Trust (IIM)
How to vote
You may cast your vote by any of the following methods. However you choose to vote, it is important that you vote now to save the expense of additional solicitations.
| By Internet | You may cast your vote online by logging onto the website listed on your proxy card. Enter the control number listed on the proxy card you received in the mail and follow
the instructions on the web site. | By Telephone | Call the toll-free number listed on your proxy card. Enter the control number listed on the proxy card and follow the recorded instructions. |
| --- | --- | --- | --- |
| By Mail | Complete and sign the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. | Virtually | Please notify Invesco at (800) 952-3502 if you plan to participate in the virtual shareholder meeting. |
If you have any questions...
If you have questions about your Closed-End Funds proxy statement or the voting process, please contact your financial consultant or call Invesco toll-free at (877) 520-8548, any business day between 7:30 a.m. and 4:30 p.m. CT.
If we have not received your proxy card after a reasonable amount of time, a representative from our proxy solicitation firm, Computershare Trust Company, N.A., may contact you to remind you to exercise your right to vote.
Investor Home > Accounts & Services > Retail Proxy Voting
| Account Access Retirement
Plan Manager (RPM) Service Center Tax Center Retail Proxy Voting |
| --- |
| Annual Meeting of Shareholders of the Invesco Closed-End Funds which will be held on August 6, 2021 at 2:00 p.m. Central Daylight Time Online Via Live Webcast |
| Invesco Advantage Municipal Income Trust II
(VKI) |
| 1. Please read
the proxy statement in full. (PDF) 2. Access some typical questions that shareholders
may have regarding the proxy statement. (PDF) 3. You may cast your vote by visiting the Website
listed on your proxy card. Have your proxy card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Bond Fund (VBF) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco California Value Municipal Income Trust (VCV) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| --- |
| Additional fund materials: |
| Annual Report |
| Invesco High Income 2023 Target Term Fund (IHIT) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) 3. You may cast your vote by visiting the Website listed on your proxy card. Have your proxy
card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco High Income 2024 Target Term Fund (IHTA) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco High Income Trust II (VLT) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| --- |
| Additional fund materials: |
| Annual Report |
| Invesco Municipal Income Opportunities Trust (OIA) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Municipal Opportunity Trust (VMO) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) 3. You may cast your vote by visiting the Website listed on your proxy card. Have your proxy
card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Municipal Trust (VKQ) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| --- |
| Additional fund materials: |
| Annual Report |
| Invesco Pennsylvania Value Municipal Income Trust (VPV) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Quality Municipal Income Trust (IQI) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) 3. You may cast your vote by visiting the Website listed on your proxy card. Have your proxy
card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Senior Income Trust (VVR) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| --- |
| Additional fund materials: |
| Annual Report |
| Invesco Trust for Investment Grade Municipals (VGM) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) 3. You may cast your vote by visiting the Website listed on your proxy card. Have your proxy
card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Trust for Investment Grade New York Municipals (VTN) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) 3. You may cast your vote by visiting the Website listed on your proxy card. Have your proxy
card in hand and follow the instructions given on the Website. |
| Additional fund materials: |
| Annual Report |
| Invesco Value Municipal Income Trust (IIM) |
| 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement.
(PDF) |
| 3. You may cast your vote by visiting the Website listed on your proxy card. Have
your proxy card in hand and follow the instructions given on the Website. |
| --- |
| Additional fund materials: |
| Annual Report |
Prospectuses | Help | Site Map | Terms of Use | Privacy | Legal Information | Business Continuity Plan
Follow Us:
QUESTIONS & ANSWERS:
We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement.
HOW DO I VOTE?
Voting may take place in the following ways:
You may vote your shares on the voting website listed on your proxy card. You will need the 14-digit control number from your proxy card to vote on the Internet. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method.
You may call in your vote to a 24-hour automated system or a live proxy representative by calling the phone number(s) listed on your proxy card. You will need the 14-digit control number from your proxy card to vote by telephone.
You may indicate your vote on the proxy card and return it in the postage-paid envelope mailed to you with your proxy statement.
If you do participate in the meeting online via live webcast, you will need to follow the instructions in the proxy statement and on your proxy card and provide the 14-digit control number found on your proxy card, so you may vote your shares. Please notify us by calling 1-800-952-3502 if you plan to participate in the meeting online via live webcast.
WHAT IS THE PROPOSAL BEING PRESENTED AT THE SHAREHOLDER MEETING AND WHAT AM I BEING ASKED TO VOTE ON?
To elect Jack M. Fields, Martin L. Flanagan, Elizabeth Krentzman, Robert C. Troccoli and James D. Vaughn as trustees of the Fund to be voted on by the holders of the Funds Common Shares and the holders of the Funds Preferred Shares, if any, voting together.
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The Board recommends that you vote FOR ALL of the nominees to the Board of Trustees.
WHY SHOULD I VOTE?
Every vote is important. If shareholders fail to vote their proxies, the Fund may not receive enough votes to go forward with the August 6, 2021 shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders.
WHO HAVE WE CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR?
We have hired Computershare Trust Company, N.A. as the Funds proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares.
WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM?
The Web proxy voting system offered by www.proxy-direct.com maintains security features designed to protect the confidentiality of your vote. These security features include:
HTTP Secure (HTTPS) A security measure that encrypts all information that travels between the www.proxy-direct.com Web server and the shareholders computer.
Control Number Each shareholder is required to enter his or her 14-digit control number. www.proxy-direct.com verifies the number and presents the shareholder with the proxy card.
Firewall To protect the confidentiality of your account records, www.proxy-direct.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall.
HOW DO I SIGN THE PROXY CARD?
The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly.
Individual and Joint Accounts: Shareholders and joint owners should sign exactly as their name appears in the account registration shown on the proxy card. If shares are held jointly, one or more owners should sign personally.
All Other Accounts: The capacity of the individual signing the proxy card (for example, trustee) should be indicated unless it is reflected in the form of registration. If a corporation, limited liability company, or partnership, please sign the full entity name and indicate the signers position with the entity.
WHAT IS THE DEADLINE FOR VOTING?
All votes must be received before or at the shareholder meeting, which will be held on August 6, 2021 at 2:00 p.m. Central Daylight Time online via live webcast.
WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSAL?
Further details about the proposal can be found in the proxy statement.
QUESTIONS & ANSWERS:
We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement.
HOW DO I VOTE?
Voting may take place in the following ways:
You may vote your shares on the voting website listed on your proxy card. You will need the 14-digit control number from your proxy card to vote on the Internet. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method.
You may call in your vote to a 24-hour automated system or a live proxy representative by calling the phone number(s) listed on your proxy card. You will need the 14-digit control number from your proxy card to vote by telephone.
You may indicate your vote on the proxy card and return it in the postage-paid envelope mailed to you with your proxy statement.
If you do participate in the meeting online via live webcast, you will need to follow the instructions in the proxy statement and on your proxy card and provide the 14-digit control number found on your proxy card, so you may vote your shares. Please notify us by calling 1-800-952-3502 if you plan to participate in the meeting online via live webcast.
WHAT IS THE PROPOSAL BEING PRESENTED AT THE SHAREHOLDER MEETING AND WHAT AM I BEING ASKED TO VOTE ON?
To elect Jack M. Fields, Martin L. Flanagan, Elizabeth Krentzman, Robert C. Troccoli and James D. Vaughn as trustees of the Fund to be voted on by the holders of the Funds Common Shares and the holders of the Funds Preferred Shares voting together.
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The Board recommends that you vote FOR ALL of the nominees to the Board of Trustees.
WHY SHOULD I VOTE?
Every vote is important. If shareholders fail to vote their proxies, the fund may not receive enough votes to go forward with the August 6, 2021 shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders.
WHO HAVE WE CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR?
We have hired Computershare Trust Company, N.A. as the Funds proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares.
WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM?
The Web proxy voting system offered by www.proxy-direct.com maintains security features designed to protect the confidentiality of your vote. These security features include:
HTTP Secure (HTTPS) A security measure that encrypts all information that travels between the www.proxy-direct.com Web server and the shareholders computer.
Control Number Each shareholder is required to enter his or her 14-digit control number. www.proxy-direct.com verifies the number and presents the shareholder with the proxy card.
Firewall To protect the confidentiality of your account records, www.proxy-direct.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall.
HOW DO I SIGN THE PROXY CARD?
The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly.
Individual and Joint Accounts: Shareholders and joint owners should sign exactly as their name appears in the account registration shown on the proxy card. If shares are held jointly, one or more owners should sign personally.
All Other Accounts: The capacity of the individual signing the proxy card (for example, trustee) should be indicated unless it is reflected in the form of registration. If a corporation, limited liability company, or partnership, please sign the full entity name and indicate the signers position with the entity.
WHAT IS THE DEADLINE FOR VOTING?
All votes must be received before or at the shareholder meeting, which will be held on August 6, 2021 at 2:00 p.m. Central Daylight Time online via live webcast.
WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSAL?
Further details about the proposal can be found in the proxy statement.
QUESTIONS & ANSWERS FOR:
INVESCO BOND FUND
We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement.
HOW DO I VOTE?
Voting may take place in the following ways:
You may vote your shares on the voting website listed on your proxy card. You will need the 14-digit control number from your proxy card to vote on the Internet. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method.
You may call in your vote to a 24-hour automated system or a live proxy representative by calling the phone number(s) listed on your proxy card. You will need the 14-digit control number from your proxy card to vote by telephone.
You may indicate your vote on the proxy card and return it in the postage-paid envelope mailed to you with your proxy statement.
If you do participate in the meeting online via live webcast, you will need to follow the instructions in the proxy statement and on your proxy card and provide the 14-digit control number found on your proxy card, so you may vote your shares. Please notify us by calling 1-800-952-3502 if you plan to participate in the meeting online via live webcast.
WHAT ARE THE PROPOSALS BEING PRESENTED AT THE SHAREHOLDER MEETING AND WHAT AM I BEING ASKED TO VOTE ON?
To elect Jack M. Fields, Martin L. Flanagan, Elizabeth Krentzman, Robert C. Troccoli and James D. Vaughn as trustees of Invesco Bond Fund to be voted on by the holders of the Funds Common Shares.
To approve the removal of the fundamental restriction prohibiting investments in options that are not options on debt securities or in closing purchase transactions, as reflected in Invesco Bond Funds registration statement.
HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The Board recommends that you vote FOR ALL of the nominees to the Board of Trustees and FOR the proposal to remove the fundamental restriction as described above.
WHY SHOULD I VOTE?
Every vote is important. If shareholders fail to vote their proxies, the Fund may not receive enough votes to go forward with the August 6, 2021 shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders.
WHO HAVE WE CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR?
We have hired Computershare Trust Company, N.A. as the Funds proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares.
WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM?
The Web proxy voting system offered by www.proxy-direct.com maintains security features designed to protect the confidentiality of your vote. These security features include:
HTTP Secure (HTTPS) A security measure that encrypts all information that travels between the www.proxy-direct.com Web server and the shareholders computer.
Control Number Each shareholder is required to enter his or her 14-digit control number. www.proxy-direct.com verifies the number and presents the shareholder with the proxy card.
Firewall To protect the confidentiality of your account records, www.proxy-direct.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall.
HOW DO I SIGN THE PROXY CARD?
The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly.
Individual and Joint Accounts: Shareholders and joint owners should sign exactly as their name appears in the account registration shown on the proxy card. If shares are held jointly, one or more owners should sign personally.
All Other Accounts: The capacity of the individual signing the proxy card (for example, trustee) should be indicated unless it is reflected in the form of registration. If a corporation, limited liability company, or partnership, please sign the full entity name and indicate the signers position with the entity.
WHAT IS THE DEADLINE FOR VOTING?
All votes must be received before or at the shareholder meeting, which will be held on August 6, 2021 at 2:00 p.m. Central Daylight Time online via live webcast.
WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSALS?
Further details about the proposals can be found in the proxy statement.
Funds lnve.sco Advantage Municipal Inc-ome Tru.st II l n veu-a Bon d Fund I n veot o California Value Huni c:lpal I n come Trust l n VUCO Hig h lneome TNSt U l n ve.9co Hi gh Income 2023 Tar get Term Fund Jnve sc-a Hig h lncome 2024 Tar get Term Fund l n ve sco Municipal I n com e Opportunities Trust Inve sco Municipal Opportunity Trust ilark All [!Or . hhold Proposals 1 .01 EleetiOI\ o f TnHitees: Jack M. Fields Fund Sped fie Vote hv c:o Advantage MuniCipal hleome Trust II 0For 0 Withhold lnvesc:o Bond Fund 0For 0 V/ithl104d hv c:o c amornia ViUue Munieipal ln :ome Trust 0For 0 V/rthhold lnvesc:o High lnoome Trust II 0For 0 1//ithho.id hv c:o High haHne 2023 Target T rm fund 0Fer 0 V/ithhold lllvesco High llloome 2024 Target Te m FuM 0For 0 1/ithho.id lnvesco fo1utlieipal Income Opportunities Ttust 0Fer 0 V/ithhold lllvesco Munieipal Opportunttv Trost 0For 0 1/ithho.id 1.02 Election o f Truslees: Maftin 1... Flanagan Fund Sped fi e Vote fnvesc:o Advantage Munidl)allnoom Tru-st II 0For0 w i.thh ok5 fnveseo Bond Fund 0For 0 Witl\hC ICS lnveseo Cl!l.irornia Velu Municipal lneome Trus.t 0For 0 Wi.thh okS h vesco High lnoome Trust 11 0For 0 Witl\hC ICS lnveseo High lnoome 2023 Taeget Te,rm f u M 0For 0 Wi.thh okS h vesco High lnoome 202 1 Target Term fuM 0For 0 WithhOld lnveseo t-1unlopal lncome Opporlunilli!S Trust 0For 0 V/i:thh o.ld lnvtsco t-1unieil)al Ol)poltunity Trust 0 For 0 WithhOld 1 . 0.3 Eleetlon or Trustees: Elilabei.J\ K.renuman Fund Sped fle Vote lnvtsco ACivante.ge tlunid l)al lnoom Tlu.st ll 0For 0 WithhOld lnvtsco Bond fund 0For 0 WtthhoJd lnvtsco California Velu e Muni cipal l ome: Trust 0For 0 Withhold lnvtsco High lnoome Trust 11 0For 0 Wi:thhoJd ln vesco High lnoome 2023 Target Term Fu M 0For 0 Withhold lnvtsco High lnoome 202 1 Target T Fu M 0For 0 Wi:thhoJd ln vesco 1unieipat Income Opporlunili.es Trust 0For 0 WithhOld lnvesco lunleipat Opl)ortunay Trust 0For 0 Vlflhhold
1.04 EleetiOII Of Truslees: Robert C. Troc:t:oli fund Spedfi e vot e lllveseo Advat tage Munidpal llloome Trust II 0 For 0 Wit hhOld lllveseo 80IId FuiICI 0 For 0 Wi thhOld lllveseo California Value Mullit:ipal IIICome Trust 0 For 0 Wit hhOld lllveseo High llloome Trust II 0 For 0 Wi thhOld lllveseo High llloome 2023 Target Tertn Fund 0 For 0 Wi thhOld lllveseo High llloome 202 1 Target Te.rtn Fund 0 For 0 Wi thhOld lllveseo fo1ullieipal lllt:ome OpporLullilies Trust 0 For 0 Wi thhOld lllveseo fo1unieipal Opportulli tv Trust 0 For 0 Wi thhOld 1.0 5 EleetiOII Of Truslees: James D. vaugM fund Spedfi e vote lllveseo ACivat tage Munid pal l lloome Trust II 0 For 0 Wi thhOld lllveseo 80IId FuiICI 0 For 0 Wit hhOld lllveseo camornia Value Mullit:ipal IIICotne Trust 0 For 0 Wi thhOld lllveseo High llloome Trust II 0 For 0 Wi thhOld lllveseo High llloome 2023 Target Tertn Fund 0 For 0 Wi thhOld lllveseo High llloome 202 1 Target Tertn Fund 0 For 0 Wi thhOld lllveseo fo1unieipal lllt:ome OpporLullilies Trust 0 For 0 Wi thhOld lllveseo fo1unieipal OpJ)ortulli tv Trust 0 For 0 Wit hhOld 2 To epprove lfte removal 01 Lhe fundatnelltal r est:ri clion prohiDil iflg i twesltllents i ll optioM that are IIOt optiOIIS o n debt seo.u ities o r it! t:IMillg purt:nase lri!IISI!CUOIIS, as ren eeled ill fund Spedfi e vot e fllveseo 80IId Fullds re-gistrat iOII stale«UML lllveseo 80IId FuiICI 0 For 0 Agai iISl 0 Abstaill If you have quesUoM regardi llg lfte vo.ti llg pro :ess, please call Ca.n cel vote a Exi t Submit Vote 1-877- 520-854 8
Funds lnve.sco Advantage Municipal Inc-ome Tru.st II l n veu-a Bon d Fund I n veot o California Value Huni c:lpal I n come Trust l n VUCO Hig h lneome TNSt U l n ve.9co Hi gh Income 2023 Tar get Term Fund Jnve sc-a Hig h lncome 2024 Tar get Term Fund l n ve sco Municipal I n com e Opportunities Trust Inve sco Municipal Opportunity Trust ilark All [!Or . hhold Proposals 1 .01 EleetiOI\ o f TnHitees: Jack M. Fields Fund Sped fie Vote hv c:o Advantage MuniCipal hleome Trust II 0For 0 Withhold lnvesc:o Bond Fund 0For 0 V/ithl104d hv c:o c amornia ViUue Munieipal ln :ome Trust 0For 0 V/rthhold lnvesc:o High lnoome Trust II 0For 0 1//ithho.id hv c:o High haHne 2023 Target T rm fund 0Fer 0 V/ithhold lllvesco High llloome 2024 Target Te m FuM 0For 0 1/ithho.id lnvesco fo1utlieipal Income Opportunities Ttust 0Fer 0 V/ithhold lllvesco Munieipal Opportunttv Trost 0For 0 1/ithho.id 1.02 Election o f Truslees: Maftin 1... Flanagan Fund Sped fi e Vote fnvesc:o Advantage Munidl)allnoom Tru-st II 0For0 w i.thh ok5 fnveseo Bond Fund 0For 0 Witl\hC ICS lnveseo Cl!l.irornia Velu Municipal lneome Trus.t 0For 0 Wi.thh okS h vesco High lnoome Trust 11 0For 0 Witl\hC ICS lnveseo High lnoome 2023 Taeget Te,rm f u M 0For 0 Wi.thh okS h vesco High lnoome 202 1 Target Term fuM 0For 0 WithhOld lnveseo t-1unlopal lncome Opporlunilli!S Trust 0For 0 V/i:thh o.ld lnvtsco t-1unieil)al Ol)poltunity Trust 0 For 0 WithhOld 1 . 0.3 Eleetlon or Trustees: Elilabei.J\ K.renuman Fund Sped fle Vote lnvtsco ACivante.ge tlunid l)al lnoom Tlu.st ll 0For 0 WithhOld lnvtsco Bond fund 0For 0 WtthhoJd lnvtsco California Velu e Muni cipal l ome: Trust 0For 0 Withhold lnvtsco High lnoome Trust 11 0For 0 Wi:thhoJd ln vesco High lnoome 2023 Target Term Fu M 0For 0 Withhold lnvtsco High lnoome 202 1 Target T Fu M 0For 0 Wi:thhoJd ln vesco 1unieipat Income Opporlunili.es Trust 0For 0 WithhOld lnvesco lunleipat Opl)ortunay Trust 0For 0 Vlflhhold
1.04 EleetiOIl o f Trustees: Robert C. Troc:coli fulld Spedfi e Vote lllveseo t-1ullieipa1 Trusl 0For0 Wi thhOld fllveseo PeMsyrvania value Mt.nli :ipal lll.Come Tru st 0 For 0 Wi thhOld lllveseo QuaUly Mullid pal IIIOOome Trust 0For0 Wi thhOld fllveseo SelliOr liIOOome Trust 0 For 0 Wi thhOld lllveseo Tru st for fllvestiMIlt Grade t-1ul!lieipal s 0For0 Wi thhOld fllveseo Tru st for fllvestmellt Grade NY Mulli :ipals 0 For Q V/ithhOIO lllveseo value Mulli :ipalllleome Trust 0For0 Wi thhOld 1.0 5 EleetiOIl Of Truslees: James D. vaughll fulld Sped fi e Vote lllveseo t-1ullieipa1 Trusl 0For0 Wi thhOld fllveseo PeMsyrvania value Mulli :ipal lll.Come Tru st 0 For 0 Wi thhOld lllveseo QuaUly Munid pal IIIOOome Trust 0For0 Wi thhOld fllveseo SelliOr liIOOome Trust 0 For 0 Wi thhOld lllveseo Tru st for fllvestmellt Grade t-1ul!lieipal s 0For0 Wi thhOld fllveseo Tru st for fllvestmellt Grade NY Mulli :iJ)aiS 0 For 0 Wi thhOld lllveseo value Mulli :ipalllleome Trust 0For0 Wi thhOld If yOou have quesUOoiIS regardillg trte vOotillg pr«:ess , please call Ca.n cel vote 8i Exi t Submit Vote 1-8??- 520-858
Funds I n veo!$CO Advan tage Munidpal J:n eome Trust 11 l nve.sco California Value Municipal I ncome Trust Inve c-o High Jne:ome 2023 Tar get Tenn Fun d Inve co Municipal lncome OpJH)rtunities Trust I n ve.!leo Municip a l Opport unity Trus t I nve.sc-a Municipal Trust Inve«o Pennsyl vania Value Municipal I ncome Trust l n veo!$CO Quality Hunldpal l ncome Trust l nve.sco Senior Incom e Trust l n ve.uo Trust for l n ve.stmen t Grade Munid pals I n ve.sco Trust ror I n vestment Grade NV Munic.Jpal.s I n ve.!leo Vfllue Mun icipal In come Tru!tt I lark All Wit hhold Proposals 1.01 Eleetiol or Trustees: Jack M. Fields Fund Spedri c vote hl \fesco Advantage MunicSpel lloome Trust ll 0For 0 Withho.JG ln \feseo Catirornia \fe.tue Muli cipaf ln.eome Trust 0For0 Withho.JG ln vHco High lt oome 2023 Target Term Fund 0For 0 Withho.JG lnvH co ,.1uniclpal Income Oppolluniu.es Trust 0For0 Withho.JG ln vHCO lol unieipal OpportunJtV Trust 0For 0 Withho.JG lnvH CO ,.1unieipal TN Sl 0For0 Wtthhl)}d ln vHco Pell.t\Sylvania Value Mullk ipallncome Tru st 0For0 Vlithho.kl ln vesco Quality Munid pal lnoome Tru.st 0For0 vttthhl)}d lllvesco SelliOr llr.ome Tru.st 0For0 Vlithho.kl ln vesco Trust ror l.llvestmenl Gr-ade /o1unid pals 0For0 vttthhl)}d lllvesco Trutlror lllvestment Grade NY MullkiJ: alS 0For 0 Wlthho.ld ln vesco Value Mullieipal lncome Trust 0For 0 Wtthh o.Jd 1.02 Elec:tloll. or Tn slees: Maftin L. Flanagan Fund Sped fi c Vote lnvtsco Advantage Munid p.!!l Jnoome Trust 11 0For 0 Vlflhho.Jd ln vesco Cal:ilortlia Valu e Municipal lnc:ome Trust 0For 0 Vlfthhold ln vtsco tUgh lnoome 2023 Target T mFund 0For0 vtrthho.Jd ln vesco lo1unieipal lllcome Oppor tu n.iu.ts Trust 0For 0 Wfthho.ld ln.vtsco Munieipal Opportunttv Trust 0For 0 V/[thh o.ld ln vesco lo1unid pat Tn st 0For 0 Vlfthho.ld ln vHeo PeM sytvani a Value Munk:ipal rncome Ttu s:l 0For0 V/[thh o.ld ln vesco Quatily Munid pal llloo.me Trust 0For 0 Vlfthho.ld ln vHeo SeniOr Jneome Trust 0For 0 V11thhMd ln vesco Tru s:l ror ln vestmel\t Grade lo1unid pel s 0For 0 WlthhMd ln vesco Trusl ror lllvestmenl G ade NY Munki als 0For 0 V11thhMd ln vesco Value Ht.mki al fncome Trusl 0For 0 WlthhMd
1.03 EleetiOIl o f Trustees: Elizabell\ Krellttman fund Sped fi e Vote fllveseo Advat tage Mullieipal111oome Trust II 0 For 0 WithhOold fllveseo Califor nia Value Mullieipal fll(!Otne Trust 0 For 0 WithhOold fllveseo High 111oome 2023 Target Te.rtn Fu M 0 For 0 WithhOold fllveseo llunieipal fiIC:ome Opportunities Trust 0 For 0 WithhOold fllveseo t-l unieipal Opportunity Trust 0 For 0 WithhOold fllveseo fol unieipal Trust 0 For 0 WithhOold fllveseo Pennsylvania value Mulli :ipal lneome Trust 0 For 0 WithhOold fllveseo Quality Munieipal 1noo.me Trust 0 For 0 Wi thhOold fllveseo SelliOr 1nMme Trust 0 For 0 WithhOold fllveseo Tru st for fllve stmellt Grade fol unieipal s 0 For 0 Wi thhOold fllveseo Tru st for fllve stment Grade NY Mulli :ipaiS 0 For 0 WithhOold fllveseo value Mulli :ipallneome Trust 0 For 0 WithhOold 1.04 EleetiOIl o f Trustee s: Robert C. Troc:coli Fund Sped fi e vote fllveseo Advatltage Munieipal1noome Trust II 0 For 0 Wi thhOold fllveseo Catilor nia Value Municipal fll(!ome Trust 0 For 0 WithhOold lllveseo High 111oome 2023 Target Te.rtn Fu M 0 For 0 Wi thhOold lllveseo t-l unieipal lllc:ome Opportunities Trust 0 For 0 WithhOold lllveseo llunieipat Opportuni ty Trust 0 For 0 WithhOold lllveseo t-l unieipal Trust 0 For 0 WithhOold lllveseo PeMsyiVania value Mulli :ipallneome Trust 0 For 0 WithhOold lllveseo Quality Munieipal 1noo.me Trust 0 For 0 WithhOold lllveseo SelliOr 1nMme Trust 0 For 0 WithhOold lllveseo Tru st for lllve stmellt Grade t-lunieipal s 0 For 0 WithhOold lllveseo Tru st for lllve stmetlt Grade NY Mulli :ipals 0 For 0 Wi thhOold lllveseo value Mulli :ipal lneome Trust 0 For 0 WithhOold 1.0 5 EleetiOIl o f Trustees: James D. vaughll Fund Sped fi e vote lllveseo Advat tege Munieipal111oome Trust II 0 For 0 WithhOold lllveseo Califor nia Value Mullicipal fll(!Otrle Trust 0 For 0 WithhOold lllveseo High 111oome 2023 Target Te.rtn Fu M 0 For 0 WithhOold lllveseo fol unieipai iiIC:Ome Opportunities Trust 0 For 0 Wi thhOold lllveseo t-l unieipal Opportullity Trust 0 For 0 WithhOold lllveseo llunieipal Trust 0 For 0 Wi thhOold lllveseo PennsylVania value Mulli :ipal lneome Trust 0 For 0 WithhOold lllveseo Quality MuniCipal 11\00oMe Trust 0 For 0 Wi thhOold lllveseo SelliOr 11\Mme Trust 0 For 0 WithhOold lllveseo Tru st for lllve stmetlt Grade fol unieipal s 0 For 0 WithhOold lllveseo Tru st for lllve stmellt Grade NY Mulli :ipals 0 For 0 WithhOold lllveseo value Mulli :ipallneome Trust 0 For 0 WithhOold If yo.u have queslioM regarding the votill9 pr«:ess, please can Ca.n cel vote a Exi t Submit vote 1-877- 520· 854 8
INVESCO FUNDS PROXY WO# 32121- TOUCH-TONE TELEPHONE VOTING SCRIPT
** PROXY CARD ** IVR Revision
06/10/21
WHEN CONNECTED TO OUR PHONE VOTING SYSTEM ACCESSED VIA OUR TOLL-FREE NUMBER 1-800-337-3503, THE SHAREHOLDER HEARS:
THE INITIAL PROMPT:
Thank you for calling the proxy voting line.
Before you can vote, Ill need to validate some information from your proxy card or meeting notice.
On your card or notice theres a shaded box with a 14 digit number inside. Please enter that number now.
AFTER THE SHAREHOLDER ENTERS THEIR 14 DIGIT CONTROL NUMBER, HE/SHE HEARS:
Next, located in the un-shaded box is an 8 digit number. Please enter this number now.
THEN YOU HEAR:
Thank you. Please hold while I validate those numbers.
IF VALID CODES WERE ENTERED, THE SHAREHOLDER WILL HEAR THE FOLLOWING GENERIC SPEECH:
Okay, youll be voting your shares for the upcoming proxy meeting. The Board Recommends a vote FOR all proposals.
IF CUSTOM GREETING IS APPROVED, THE SHAREHOLDER WILL HEAR THE FOLLOWING CUSTOM SPEECH:
Okay, youll be voting your proxy for shares in Invesco Funds. The Board Recommends a vote FOR all proposals.
IF THERE IS A PRIOR VOTE IN THE SYSTEM FOR THE CONTROL NUMBER ENTERED YOU HEAR:
I see that youve already voted. If you dont want to change your vote you can just hang-up. Otherwise,
remain on the line and Ill take you through the voting process again...
IF THERE IS NO PRIOR VOTE, THE FOLLOWING IS HEARD:
Im about to take you through the voting process. Please keep your voting card or meeting notice in front
of you to follow along. Okay, lets begin
EXAMPLE ELECTION OF BOARD MEMBER PROPOSAL PROMPTS WHEN A SINGLE FUND IS HELD FOR THE PROPOSAL:
PROPOSAL 1: To vote FOR ALL nominees, Press 1 . To WITHHOLD your vote from all nominees, press 2.
Or to WITHHOLD YOUR VOTE FROM INDIVIDUAL nominees press 3.
IF THE SHAREHOLDER PRESSES 1, TO VOTE FOR ALL NOMINEES THEY WILL HEAR:
Okay, voting for all nominees
IF THE SHAREHOLDER PRESSES 2, TO WITHHOLD FROM ALL NOMINEES THEY WILL HEAR:
Okay, voting withhold on all nominees
IF THE SHAREHOLDER PRESSES 3, TO WITHHOLD FROM INDIVIDUAL NOMINEES THEY WILL HEAR:
Okay, well withhold your vote on the nominees you specify. All other nominees will be voted FOR.
THEN THEY HEAR: For each nominee listed on your proxy card or meeting notice theres a corresponding
two-digit number. Please enter the number of the nominee from whom you wish to withhold your vote.
AFTER THE SHAREHOLDER ENTERS A NOMINEE NUMBER TO WITHHOLD FROM, HE/SHE HEARS:
OK, withholding your vote from nominee number N [Where N is the nominee number entered]
THEN THE SHAREHOLDER HEARS:
To withhold your vote from another nominee, enter the two-digit number. If there are no other nominees
from whom you wish to withhold your vote press # (pound).
WHEN # IS PRESSED, THE SHAREHOLDER HEARS:
Okay, finished withholding from nominees
EXAMPLE ELECTION OF BOARD MEMBER PROPOSAL PROMPTS WHEN MULTIPLE FUNDS ARE HELD FOR THE PROPOSAL:
PROPOSAL 1 FOR HOLDING 1: To vote FOR ALL nominees, Press 1 . To WITHHOLD your vote from all nominees, press 2.
Or t o WITHHOLD YOUR VOTE FROM INDIVIDUAL nominees press 3.
IF THE SHAREHOLDER PRESSES 1, TO VOTE FOR ALL NOMINEES FOR THE FIRST HOLDING THEY WILL HEAR:
Okay, for the 1 st holding listed on this proposal you just voted For All Nominees.
To vote the same way for all other holdings listed, press 1; To vote for each holding individually, press 2.
IF THE SHAREHOLDER PRESSES 2, TO WITHHOLD YOUR VOTE FROM ALL NOMINEES FOR THE FIRST HOLDING THEY WILL HEAR:
Okay, for the 1 st holding listed on this proposal you just voted to withhold your vote from all Nominees.
To vote the same way for all other holdings listed, press 1; To vote for each holding individually, press 2.
IF THE SHAREHOLDER PRESSES 3, TO WITHHOLD FROM INDIVIDUAL NOMINEES FOR THE FIRST HOLDING THEY WILL HEAR:
Okay, well withhold your vote on the nominees you specify. All other nominees will be voted FOR.
THEN THEY HEAR: For each nominee listed on your proxy card or meeting notice theres a corresponding
two-digit number. Please enter the number of the nominee from whom you wish to withhold your vote.
AFTER THE SHAREHOLDER ENTERS A NOMINEE NUMBER TO WITHHOLD FROM, HE/SHE HEARS:
OK, withholding your vote from nominee number N [Where N is the nominee number entered]
THEN THE SHAREHOLDER HEARS:
To withhold your vote from another nominee, enter the two-digit number. If there are no other nominees
from whom you wish to withhold your vote press # (pound).
WHEN # (POUND) IS PRESSED, THE SHAREHOLDER HEARS:
Okay, finished withholding from nominees
THEN THE SHAREHOLDER HEARS:
Okay, for the 1 st holding listed on this proposal you just voted to withhold your vote from nominee(s) N [Where N is(are) the
nominee number(s) entered by the SHAREHOLDER]
To vote the same way for all other holdings listed, press 1; To vote for each holding individually, press 2.
IF THE SHAREHOLDER CHOOSES OPTION 1, TO VOTE THE SAME WAY FOR ALL OTHER HOLDINGS ON THE NOMINEE PROPOSAL:
Okay, Ill apply the same vote to all other holdings listed.
IF THE SHAREHOLDER CHOOSES OPTION 2, TO VOTE FOR EACH HOLDING INDIVIDUALLY:
Okay, lets continue then
THEN THE SHAREHOLDER HEARS PROMPTS FOR THE NEXT HOLDING [This is repeated until all holdings are voted on]:
Example: For Holding 2: To vote FOR ALL nominees, Press 1. To WITHHOLD your vote from all nominees, press 2.
Or to WITHHOLD YOUR VOTE FROM INDIVIDUAL nominees press 3.
THEN, MATCHING THE SHAREHOLDER PROXY CARD, THEY WILL BE PROMPTED FOR VOTING AS FOLLOWS:
PROPOSAL 2: To vote FOR Press 1; AGAINST Press 2; Or to ABSTAIN Press 3
WHEN THE SHAREHOLDER HAS COMPLETED VOTING ON THE PROPOSAL(S), HE/SHE WILL HEAR:
Okay, youve finished voting but your vote has not yet been recorded.
To hear a summary of how you voted, press 1; To record your vote, Press 2.
IF THE SHAREHOLDER PRESSES 1, TO HEAR A SUMMARY OF THEIR VOTES, HE/SHE WILL HEAR:
Please note your vote will be cast automatically should you decide to hang up during the summary.
Youve elected to vote as follows... [THEN A PLAYBACK OF THE VOTES COLLECTED FOR EACH PROPOSAL IS HEARD]
AFTER THE VOTE PLAYBACK, THE SHAREHOLDER HEARS:
If this is correct, press 1; Otherwise, press 2. If youd like to hear the information again press # (pound).
IF THE CALLER CHOOSES TO RECORD THEIR VOTE (EITHER BEFORE OR AFTER THE SUMMARY IS HEARD), THEY HEAR:
(Okay) Please hold while I record your vote.
THEN THEY HEAR:
Your vote has been recorded. Its not necessary for you to mail in your proxy card or meeting notice.
Im now going to end this call unless you have another proxy card or meeting notice to vote or you want to change
your vote. If you need to vote again, press one now.
IF THE SHAREHOLDER PRESSES 2, INDICATING AN INCORRECT VOTE, HE/SHE WILL HEAR:
Okay, lets change your vote. [The system then prompts the voting options again.]
AFTER THE SHAREHOLDERS VOTE IS RECORDED, IF THEY ELECT TO VOTE ANOTHER PROXY, HE/SHE HEARS:
Before you can vote, Ill need to validate some information from your proxy card or meeting notice. On your card or notice
theres a shaded box with a 14 digit number inside. Please enter that number now.
IF THE SHAREHOLDER ELECTS TO END THE CALL, HE/SHE WILL HEAR:
Thank you for voting, goodbye.
Thank you for calling Invesco.
If you have questions regarding the Annual Shareholder Meeting for the Invesco Closed-End Funds taking place on August 6, 2021, Press 1.
If you plan to attend the Annual Shareholder Meeting for the Invesco Closed-End Funds, Press 2.
| OPTION 1 | You are now being routed to the Client Services phone queue. [Internal note, they will be routed to ext. 2326 ] |
|---|---|
| OPTION 2 | Thank you for planning to attend the upcoming Annual Meeting of Shareholders of the Invesco Closed-End Funds which is currently scheduled for 2:00 p.m. Central Daylight Time on August 6, |
| 2021 online via live webcast. | |
| Please press 1 then state your full name and the number of persons that will be participating the virtual meeting. |