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INVESCO MUNICIPAL OPPORTUNITY TRUST

(VMO)
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Invesco Van Kampen Muni Opp Trust : Invesco and Invesco Van Kampen Closed-End Funds Announce $401 Million Placement of Private Offerings of Variable Rate Muni Term Preferred Shares and Redemptions of Auction Rate Preferred Shares at Par

05/09/2012 | 01:35pm EDT

ATLANTA, May 9, 2012 /PRNewswire/ -- Invesco Advisers, Inc. ("Invesco") announced today that each of the Invesco and Invesco Van Kampen closed-end funds listed below (the "Funds") has successfully priced and placed a private offering of Variable Rate Muni Term Preferred Shares ("VMTP") pursuant to an offering exempt from registration under the Securities Act of 1933. The Funds have issued VMTP as follows:

    Fund                            NYSE  VMTP Amount
                                   Ticker
    ---                            ------
    Invesco Value Municipal Income
     Trust                          IIM              $71,200,000
    ------------------------------  ---              -----------
    Invesco Value Municipal Trust   IMT              $55,900,000
    -----------------------------   ---              -----------
    Invesco Value Municipal Bond
     Trust                          IMC              $16,000,000
    ----------------------------    ---              -----------
    Invesco Van Kampen Municipal
     Opportunity Trust              VMO             $187,000,000
    ----------------------------    ---             ------------
    Invesco Van Kampen Select
     Sector Municipal Trust         VKL              $70,900,000
    -------------------------       ---              -----------

(Logo: http://photos.prnewswire.com/prnh/20110131/MM39469LOGO-b )

Each Fund plans to redeem all of its outstanding auction rate preferred shares ("ARPS") at their respective liquidation preferences (sometimes referred to as "at par"), together with accrued and unpaid dividends, if any, to the redemption date. These redemptions are anticipated to be funded with cash and proceeds received from the issuance of VMTP.

ARPS Redemption Schedule

Invesco Value Municipal Income Trust (NYSE: IIM)

    Series CUSIP Number # of Shares     Amount                       Redemption
                          Redeemed     Redeemed                         Date
    ---                   --------     --------                         ----
    1      461-32P-207              184         $9,200,000 June 11, 2012
    ---    -----------              ---         ---------- -------------
    2      461-32P-306              413        $20,650,000 June 11, 2012
    ---    -----------              ---        ----------- -------------
    3      461-32P-405              459        $22,950,000 June 11, 2012
    ---    -----------              ---        ----------- -------------
    4      461-32P-504              184         $9,200,000 June 11, 2012
    ---    -----------              ---         ---------- -------------
    5      461-32P-603              184         $9,200,000 June 11, 2012
    ---    -----------              ---         ---------- -------------

Invesco Value Municipal Trust (NYSE: IMT)

    Series CUSIP Number    # of Shares     Amount                       Redemption
                              Redeemed    Redeemed                         Date
    ---                       --------    --------                         ----
    TH            461-32W-202          774        $38,700,000 June 15, 2012
    ---           -----------          ---        ----------- -------------
    TU            461-32W-301          345        $17,250,000 June 13, 2012
    ---           -----------          ---        ----------- -------------

Invesco Value Municipal Bond Trust (NYSE: IMC)

    Series     CUSIP Number   # of Shares     Amount                       Redemption
                                 Redeemed    Redeemed                         Date
    ---                          --------    --------                         ----
           N/A       461-30Y-200          321        $16,050,000 June 14, 2012
           ---       -----------          ---        ----------- -------------

Invesco Van Kampen Municipal Opportunity Trust (NYSE: VMO)

    Series CUSIP Number   # of Shares      Amount                       Redemption
                             Redeemed     Redeemed                         Date
    ---                      --------     --------                         ----
    A            461-32C-206          1650        $41,250,000          May 21, 2012
    ---          -----------          ----        -----------          ------------
    B            461-32C-305          1650        $41,250,000 May 16, 2012
    ---          -----------          ----        ----------- ------------
    C            461-32C-404          1100        $27,500,000 May 30, 2012
    ---          -----------          ----        ----------- ------------
    D            461-32C-503          1100        $27,500,000 May 16, 2012
    ---          -----------          ----        ----------- ------------
    E            461-32C-602          1100        $27,500,000 May 24, 2012
    ---          -----------          ----        ----------- ------------
    F            461-32C-701           880        $22,000,000 May 30, 2012
    ---          -----------           ---        ----------- ------------

Invesco Van Kampen Select Sector Municipal Trust (NYSE: VKL)

    Series CUSIP Number  # of Shares      Amount                      Redemption
                            Redeemed     Redeemed                        Date
    ---                     --------     --------                        ----
    A            461-32G-207          374         $9,350,000 May 18, 2012
    ---          -----------          ---         ---------- ------------
    B            461-32G-306          374         $9,350,000 June 8, 2012
    ---          -----------          ---         ---------- ------------
    C            461-32G-405         1100        $27,500,000 May 23, 2012
    ---          -----------         ----        ----------- ------------
    D            461-32G-504          990        $24,750,000 May 24, 2012
    ---          -----------          ---        ----------- ------------

Invesco will keep market participants and shareholders informed of any material developments with the Funds via press releases and on Invesco's website at www.invesco.com/portal/site/us/news.

This information does not constitute an offer for sale of any securities or a solicitation of any proxy.

For more information, call 1-800-341-2929.

About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both Invesco Advisers, Inc. and Invesco Distributors, Inc. are wholly owned, indirect subsidiaries of Invesco Ltd.

Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.

SOURCE Invesco


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