Company: VKI
Filing Date: 2025-05-02
Form Type: N-CSR
Source: 0001193125-25-111536
Chunk: 7

Company: Invesco Advantage Municipal Income Trust II
Filing Date: 2025-05-02
Form: N-CSR
Chunk 7
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 to be held in your name in electronic format. You retain full ownership of your shares, without having to hold a share certificate. You should contact your financial adviser to learn more about any restrictions or fees that may apply. |

The Trust and Computershare Trust Company, N.A. may amend or terminate the Plan at any time. Participants will receive at least 30 days written notice before the effective date of any amendment. In the case of termination, Participants will receive at least 30 days written notice before the record date for the payment of any such Distributions by the Trust. In the case of amendment or termination necessary or appropriate to comply with applicable law or the rules and policies of the Securities and Exchange Commission or any other regulatory authority, such written notice will not be required. To obtain a complete copy of the current Dividend Reinvestment Plan, please call our Client Services department at 800 341 2929 or visit invesco.com/closed-end.

| 7 |     | Invesco Advantage Municipal Income Trust II |

Fund Information

Portfolio Composition

| By credit sector         |     | % of total investments |     |       |   |
| Revenue Bonds            |     |                        |     | 86.54 | % |
| General Obligation Bonds |     |                        |     | 11.81 |   |
| Pre-RefundedBonds        |     |                        |     |  0.97 |   |
| Other                    |     |                        |     |  0.68 |   |

Top Five Debt Holdings

|    |     |                                                                                                                            |     | % of total net assets |     |      |   |
| 1. |     | Johnson City (City of), TN Health & Educational Facilities Board (Mountain States Health Alliance), Series 2000 A, Ref. RB |     |                       |     | 2.81 | % |
| 2. |     | New Jersey (State of) Economic Development Authority, Series 2004 A, RB                                                    |     |                       |     | 1.61 |   |
| 3. |     | Buckeye Tobacco Settlement Financing Authority, Series 2020B-2,Ref. RB                                                     |     |                       |     | 1.40 |   |
| 4. |     | Matagorda County Navigation District No. 1 (Houston Lighting & Power Co.), Series 1997, Ref. RB                            |     |                       |     | 1.23 |