Company: VKI
Filing Date: 2025-05-02
Form Type: N-CSR
Source: 0001193125-25-111536
Chunk: 8

Company: Invesco Advantage Municipal Income Trust II
Filing Date: 2025-05-02
Form: N-CSR
Chunk 8
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 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 February 28, 2025 was $33,818,447, which represented 7.95% of the Trust’s Net Assets. |

| (e) | Principal and/or interest payments are secured by the bond insurance company listed. |

| (f) | Zero coupon bond issued at a discount. |

| (g) | Underlying security related to TOB Trusts entered into by the Trust. See Note 1K. |

| (h) | Security subject to the alternative minimum tax. |

| (i) | Convertible capital appreciation bond. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date. |

| (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 $10,880,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the TOB Trusts. |

| (l) | Security valued using significant unobservable inputs (Level 3). See Note 3. |

| (m) | The issuer is paying less than stated interest, but is not in default on principal because scheduled principal payments have not yet begun. |

| (n) | Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |

| (o) | Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary. |

| (p) | Restricted security. The aggregate value of these securities at February 28, 2025 was $877,140, which represented less than 1% of the Trust’s Net Assets. |

|                                             |     |   | ValueFebruary 29, 2024 |     |   | Purchasesat Cost |     |   | Proceedsfrom Sales |     |   | Change inUnrealizedAppreciation |     |   | RealizedGain |     |   | ValueFebruary 28, 2025 |     |   | Dividend Income |
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