Company: OIA
Filing Date: 2025-03-13
Form Type: 424B5
Source: 0001104659-25-023508
Chunk: 119

Company: Invesco Municipal Income Opportunities Trust
Filing Date: 2025-03-13
Form: 424B5
Chunk 119
---
’s Code of Ethics does not materially differ from Invesco’s Code of Ethics discussed below. The Code of Ethics is intended to address conflicts of interest with the Fund that may arise from personal trading in the Invesco Funds. Personal trading, including personal trading involving securities that may be purchased or held by an Invesco Fund, is permitted under the Code of Ethics subject to certain restrictions; however, employees are required to pre-clear security transactions with the Compliance Officer or a designee and to report transactions on a regular basis. The Code of Ethics can be viewed online or downloaded from the EDGAR Database on the SEC’s internet website at www.sec.gov. In addition, a copy of the Code of Ethics may be obtained, after paying the appropriate duplicating fee, by e-mail request at publicinfo@sec.gov. FINANCIAL STATEMENTS The audited financial statements for the Fund’s most recent fiscal year ended February 29, 2024, including the notes thereto and the reports of PricewaterhouseCoopers LLP (“PwC”) thereon, are incorporated by reference to the Fund’s Form N-CSRfiled on May 2, 2024. The Fund’s unaudited financial statements for the six months period ended August 31, 2024 are incorporated herein by reference to the Fund’s Form N-CSRSfiled on November 1, 2024. The portions of such Form N-CSR and Form N-CSRS that are not specifically listed above are not incorporated by reference into this SAI and are not a part of this SAI. S-50 Appendix A APPENDIX A - RATINGS OF DEBT SECURITIES The following is a description of the factors underlying the debt ratings of Moody's, S&P, and Fitch. Moody's Long-Term Debt Ratings Aaa: Obligations rated 'Aaa' are judged to be of the highest quality, subject to the lowest level of credit risk. Aa: Obligations rated 'Aa' are judged to be of high quality and are subject to very low credit risk. A: Obligations rated 'A' are judged to be upper-medium grade and are subject to low credit risk. Baa: Obligations rated 'Baa' are judged to be medium-grade and subject to moderate credit risk and as such may possess certain speculative characteristics. Ba: Obligations rated 'Ba' are judged to be speculative and are subject to substantial credit risk. B: Obligations rated '