Company: OIA
Filing Date: 2025-02-07
Form Type: N-2/A
Source: 0001104659-25-010545
Chunk: 118

Company: Invesco Municipal Income Opportunities Trust
Filing Date: 2025-02-07
Form: N-2/A
Chunk 118
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 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 'B' are considered speculative and are subject to high credit risk. Caa : Obligations rated 'Caa' are judged to be speculative of poor standing and are subject to very high credit risk. Ca : Obligations rated 'Ca' are highly speculative and are likely in, or very near, default, with some prospect of recovery of principal and interest. C : Obligations rated 'C' are the lowest rated and are typically in default, with little prospect for recovery of principal or interest. Note: Moody's appends numerical modifiers 1, 2, and 3 to each generic rating classification from Aa through Caa. The modifier 1 indicates that the obligation ranks in the higher end of its