Company: VKI
Filing Date: 2025-11-07
Form Type: N-CSRS
Source: 0001193125-25-271162
Chunk: 5

Company: Invesco Advantage Municipal Income Trust II
Filing Date: 2025-11-07
Form: N-CSRS
Chunk 5
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 because scheduled principal payments have not yet begun. |

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

|                                            |     | ValueFebruary 28, 2025 |   |         |     | Purchasesat Cost |   |   |     | Proceedsfrom Sales |   |   |     | Change inUnrealizedAppreciation(Depreciation) |   |         |   |     | RealizedGain |   |   |     | ValueAugust 31, 2025 |   |         |     | Dividend Income |   |        |
|:-------------------------------------------|:----|:-----------------------|:--|--------:|:----|:-----------------|:--|:--|:----|:-------------------|:--|:--|:----|:----------------------------------------------|:--|:--------|:--|:----|:-------------|:--|:--|:----|:---------------------|:--|--------:|:----|:----------------|:--|-------:|
| Invesco Rochester High Yield Municipal ETF |     |                        | $ | 768,294 |     |                  | $ | - |     |                    | $ | - |     |                                               | $ | (28,502 | ) |     |              | $ | - |     |                      | $ | 739,792 |     |                 | $ | 18,146 |

| (r) | Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy issuer’s obligations. No concentration of any single entity was greater than 5% each. |

| (s) | Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at August 31, 2025. At August 31, 2025, the Trust’s investments with a value of $106,269,833 are held by TOB Trusts and serve as collateral for the $78,275,000 in the floating rate note obligations outstanding at that date. |

Portfolio Composition By credit sector, based on total investments As of August 31, 2025

| Revenue Bonds            |     | 84.90% |
| General Obligation Bonds |     |  11.50 |
| Other                    |     |