Company: OIA
Filing Date: 2025-02-07
Form Type: N-2/A
Source: 0001104659-25-010545
Chunk: 69

Company: Invesco Municipal Income Opportunities Trust
Filing Date: 2025-02-07
Form: N-2/A
Chunk 69
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emptions.                  |

| 2. | The Fund will not make investments that will result in the concentration (as that term may be defined                                  
 or interpreted by the 1940 Act Laws, Interpretations and Exemptions) of its investments in the securities of issuers primarily engaged 
 in the same industry. This restriction does not limit the Fund’s investments in (i) obligations issued or guaranteed by the            
 U.S. government, its agencies or instrumentalities, or (ii) tax-exempt obligations issued by governments or political subdivisions     
 of governments. In complying with this restriction, the Fund will not consider a bank-issued guaranty or financial guaranty insurance  
 as a separate security.                                                                                                                |

| 3. | The Fund may not borrow money or issue senior securities, except as permitted by the 1940 Act Laws, Interpretations 
 and Exemptions.                                                                                                     |

| 4. | The Fund may not underwrite the securities of other issuers. This restriction does not prevent the Fund                               
 from engaging in transactions involving the acquisition, disposition or resale of its portfolio securities, regardless of whether the 
 Fund may be considered to be an underwriter under the 1933 Act.                                                                       |

S-14

| 5. | The Fund may not make personal loans or loans of its assets to persons who control or are under common                                 
 control with the Fund, except to the extent permitted by the 1940 Act Laws, Interpretations and Exemptions. This restriction does      
 not prevent the Fund from, among other things, purchasing debt obligations, entering into repurchase agreements, loaning its assets to 
 broker-dealers or institutional investors, or investing in loans, including assignments and participation interests.                   |

| 6. | The Fund may not purchase real estate or sell real estate unless acquired as a result of ownership of                                        
 securities or other instruments. This restriction does not prevent the Fund from investing in issuers that invest, deal, or otherwise        
 engage in transactions in real estate or interests therein, or investing in securities that are secured by real estate or interests therein. |

| 7. | The Fund may not purchase or sell physical commodities except to the extent permitted by the 1940 Act                                 
 and any other governing statute, and by the rules thereunder, and by the SEC or other regulatory agency with authority over the Fund. |

| 8. | The Trust will invest at least 80% of its net assets in Municipal Obligations, except during