Invesco Municipal Prospect Trust — Moody’s announces completion of a periodic evaluation of scores of Invesco Municipal Opportunity Believe in

Announcement of Periodic Assessment: Moody’s announces completion of a periodic overview of ratings of Invesco Municipal Option Belief

World Credit score Analysis – 22 Jan 2021

New York, January 22, 2021 — Moody’s Buyers Service (“Moody’s”) has concluded a periodic critique of the scores of Invesco Municipal Possibility Believe in and other scores that are associated with the exact same analytical unit. The evaluation was conducted by way of a portfolio assessment dialogue held on 13 January 2021 in which Moody’s reassessed the appropriateness of the ratings in the context of the related principal methodology(ies), modern developments, and a comparison of the economical and running profile to similarly rated peers. The critique did not contain a rating committee. Because 1 January 2019, Moody’s observe has been to concern a push launch subsequent each periodic assessment to announce its completion.

This publication does not announce a credit history rating motion and is not an indicator of whether or not a credit rating ranking action is possible in the close to long term. Credit rating rankings and outlook/overview position cannot be altered in a portfolio review and that’s why are not impacted by this announcement. For any credit rating scores referenced in this publication, you should see the ratings tab on the issuer/entity website page on for the most up-to-date credit rating rating motion info and rating background.

Critical score concerns are summarized underneath.

Invesco Municipal Prospect Trust’s (NYSE: VMO) Aa1 ranking reflects the fund’s outstanding hazard-adjusted asset protection ratio and potent potential to assistance leverage costs from recurring financial commitment earnings. At 30 November 2020, the fund’s danger-altered asset protection stood at the Aaa-score degree and its yearly mounted demand protection was roughly 18 situations net expense revenue. As a municipal nationwide shut-close fund, the fund’s solid asset profile is supported by the substantial credit rating good quality of its portfolio, superior liquidity and offset by the confined value transparency of the municipal sector.

This doc summarizes Moody’s see as of the publication date and will not be up to date until the following periodic critique announcement, which will integrate materials changes in credit rating situation (if any) in the course of the intervening period.

The principal methodology utilized for this review was Shut-Conclusion Cash Methodology printed in December 2020. Remember to see the Score Methodologies website page on for a copy of this methodology.

This announcement applies only to EU rated, Uk rated, EU endorsed and British isles endorsed rankings. Non EU rated, non United kingdom rated, non EU endorsed and non United kingdom endorsed scores could be referenced previously mentioned to the extent necessary, if they are component of the same analytical unit.

This publication does not announce a credit score action. For any credit ratings referenced in this publication, make sure you see the rankings tab on the issuer/entity web site on for the most up to date credit score action facts and rating background.

Rokhaya Cisse, CFA Asst Vice President - Analyst Money Establishments Team Moody's Investors Assistance, Inc. 250 Greenwich Street New York, NY 10007 U.S.A. JOURNALISTS: 1 212 553 0376 Client Services: 1 212 553 1653 Marc R. Pinto, CFA MD - Monetary Institutions Financial Institutions Team JOURNALISTS: 1 212 553 0376 Client Support: 1 212 553 1653 Releasing Place of work: Moody's Investors Provider, Inc. 250 Greenwich Street New York, NY 10007 U.S.A. JOURNALISTS: 1 212 553 0376 Customer Services: 1 212 553 1653

© 2021 Moody’s Corporation, Moody’s Traders Services, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliate marketers (collectively, “MOODY’S”). All legal rights reserved.

Credit history Scores ISSUED BY MOODY’S Credit history Ratings Affiliate marketers ARE THEIR Current Viewpoints OF THE RELATIVE Potential Credit Hazard OF ENTITIES, Credit score COMMITMENTS, OR Credit card debt OR Debt-LIKE SECURITIES, AND Resources, Products, Providers AND Data Revealed BY MOODY’S (COLLECTIVELY, “PUBLICATIONS”) May Include things like These types of Latest Opinions. MOODY’S DEFINES Credit Hazard AS THE Possibility THAT AN ENTITY May possibly NOT Satisfy ITS CONTRACTUAL Monetary OBLIGATIONS AS THEY Appear Because of AND ANY Approximated Monetary Reduction IN THE Occasion OF DEFAULT OR IMPAIRMENT. SEE Relevant MOODY’S Rating SYMBOLS AND DEFINITIONS PUBLICATION FOR Information ON THE Types OF CONTRACTUAL Economic OBLIGATIONS Dealt with BY MOODY’S Credit history Scores. Credit Ratings DO NOT Tackle ANY OTHER Danger, Like BUT NOT Confined TO: LIQUIDITY Hazard, Sector Benefit Danger, OR Selling price VOLATILITY. Credit score Ratings, NON-Credit rating ASSESSMENTS (“ASSESSMENTS”), AND OTHER Thoughts Incorporated IN MOODY’S PUBLICATIONS ARE NOT STATEMENTS OF Present-day OR Historic Simple fact. MOODY’S PUBLICATIONS May perhaps ALSO Contain QUANTITATIVE Product-Dependent ESTIMATES OF Credit history Hazard AND Related Thoughts OR COMMENTARY Revealed BY MOODY’S ANALYTICS, INC. AND/OR ITS Affiliate marketers. MOODY’S Credit score Scores, ASSESSMENTS, OTHER Thoughts AND PUBLICATIONS DO NOT Represent OR Present Investment OR Monetary Advice, AND MOODY’S Credit score Scores, ASSESSMENTS, OTHER Opinions AND PUBLICATIONS ARE NOT AND DO NOT Deliver Suggestions TO Invest in, Offer, OR Hold Individual SECURITIES. MOODY’S Credit history Ratings, ASSESSMENTS, OTHER Viewpoints AND PUBLICATIONS DO NOT Comment ON THE SUITABILITY OF AN Investment decision FOR ANY Specific Trader. MOODY’S Troubles ITS Credit score Ratings, ASSESSMENTS AND OTHER Opinions AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND Comprehension THAT Every single Investor WILL, WITH Owing Care, MAKE ITS Own Study AND Analysis OF Just about every Security THAT IS Less than Thing to consider FOR Acquire, Holding, OR SALE.


ALL Data CONTAINED HEREIN IS Guarded BY Law, Including BUT NOT Limited TO, COPYRIGHT Law, AND NONE OF This kind of Data Could BE COPIED OR Normally REPRODUCED, REPACKAGED, Even further TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR Stored FOR SUBSEQUENT USE FOR ANY This sort of Purpose, IN Entire OR IN Portion, IN ANY Type OR Manner OR BY ANY Usually means In any way, BY ANY Person Devoid of MOODY’S PRIOR Created CONSENT.

MOODY’S Credit rating Ratings, ASSESSMENTS, OTHER Viewpoints AND PUBLICATIONS ARE NOT Intended FOR USE BY ANY Particular person AS A BENCHMARK AS THAT Time period IS Described FOR REGULATORY Purposes AND Have to NOT BE Employed IN ANY WAY THAT COULD Final result IN THEM Being Thought of A BENCHMARK.

All information and facts contained herein is obtained by MOODY’S from sources considered by it to be exact and reliable. For the reason that of the likelihood of human or mechanical error as perfectly as other factors, nonetheless, all information contained herein is presented “AS IS” without the need of warranty of any variety. MOODY’S adopts all essential actions so that the data it works by using in assigning a credit score score is of ample excellent and from resources MOODY’S considers to be responsible together with, when correct, impartial 3rd-celebration resources. Nonetheless, MOODY’S is not an auditor and are unable to in each and every instance independently verify or validate facts obtained in the rating course of action or in preparing its Publications.

To the extent permitted by regulation, MOODY’S and its administrators, officers, workforce, brokers, associates, licensors and suppliers disclaim liability to any man or woman or entity for any oblique, exclusive, consequential, or incidental losses or damages whatsoever arising from or in connection with the data contained herein or the use of or inability to use any these information, even if MOODY’S or any of its administrators, officers, employees, brokers, representatives, licensors or suppliers is advised in progress of the risk of such losses or damages, together with but not minimal to: (a) any reduction of present or future profits or (b) any loss or hurt arising wherever the related economical instrument is not the issue of a individual credit ranking assigned by MOODY’S.

To the extent permitted by regulation, MOODY’S and its administrators, officers, workforce, brokers, representatives, licensors and suppliers disclaim legal responsibility for any direct or compensatory losses or damages brought on to any individual or entity, like but not confined to by any carelessness (but excluding fraud, willful misconduct or any other sort of liability that, for the avoidance of doubt, by regulation simply cannot be excluded) on the portion of, or any contingency inside of or past the management of, MOODY’S or any of its administrators, officers, employees, brokers, representatives, licensors or suppliers, arising from or in link with the details contained herein or the use of or incapability to use any this sort of details.

NO Warranty, Express OR IMPLIED, AS TO THE Precision, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR Exercise FOR ANY Certain Intent OF ANY Credit history Rating, Evaluation, OTHER View OR Info IS Presented OR Built BY MOODY’S IN ANY Variety OR Fashion In any respect.

Moody’s Investors Services, Inc., a wholly-owned credit score rating company subsidiary of Moody’s Corporation (“MCO”), hereby discloses that most issuers of financial debt securities (such as corporate and municipal bonds, debentures, notes and industrial paper) and most well-liked inventory rated by Moody’s Investors Service, Inc. have, prior to assignment of any credit ranking, agreed to pay out to Moody’s Buyers Service, Inc. for credit scores viewpoints and expert services rendered by it service fees ranging from $1,000 to around $5,000,000. MCO and Moody’s Investors Provider also maintain policies and treatments to tackle the independence of Moody’s Buyers Services credit rating scores and credit score score procedures. Info regarding specific affiliations that could exist between directors of MCO and rated entities, and involving entities who hold credit history scores from Moody’s Buyers Services and have also publicly claimed to the SEC an ownership curiosity in MCO of far more than 5%, is posted per year at under the heading “Investor Relations — Corporate Governance — Director and Shareholder Affiliation Plan.”

Further phrases for Australia only: Any publication into Australia of this document is pursuant to the Australian Money Providers License of MOODY’S affiliate, Moody’s Traders Provider Pty Restricted ABN 61 003 399 657AFSL 336969 and/or Moody’s Analytics Australia Pty Ltd ABN 94 105 136 972 AFSL 383569 (as applicable). This doc is meant to be supplied only to “wholesale clients” within the which means of area 761G of the Firms Act 2001. By continuing to entry this doc from within just Australia, you characterize to MOODY’S that you are, or are accessing the document as a agent of, a “wholesale client” and that neither you nor the entity you symbolize will directly or indirectly disseminate this document or its contents to “retail clients” within just the indicating of section 761G of the Companies Act 2001. MOODY’S credit history ranking is an feeling as to the creditworthiness of a credit card debt obligation of the issuer, not on the equity securities of the issuer or any type of safety that is available to retail buyers.

Added terms for Japan only: Moody’s Japan K.K. (“MJKK”) is a wholly-owned credit rating ranking agency subsidiary of Moody’s Team Japan G.K., which is wholly-owned by Moody’s Abroad Holdings Inc., a wholly-owned subsidiary of MCO. Moody’s SF Japan K.K. (“MSFJ”) is a wholly-owned credit rating score company subsidiary of MJKK. MSFJ is not a Nationally Identified Statistical Score Organization (“NRSRO”). Thus, credit history scores assigned by MSFJ are Non-NRSRO Credit score Rankings. Non-NRSRO Credit Ratings are assigned by an entity that is not a NRSRO and, for that reason, the rated obligation will not qualify for specified kinds of treatment method underneath U.S. guidelines. MJKK and MSFJ are credit score score companies registered with the Japan Money Solutions Company and their registration figures are FSA Commissioner (Rankings) No. 2 and 3 respectively.

MJKK or MSFJ (as applicable) hereby disclose that most issuers of financial debt securities (which include company and municipal bonds, debentures, notes and professional paper) and favored inventory rated by MJKK or MSFJ (as relevant) have, prior to assignment of any credit history rating, agreed to pay to MJKK or MSFJ (as relevant) for credit score scores views and products and services rendered by it charges ranging from JPY125,000 to around JPY550,000,000.

MJKK and MSFJ also manage guidelines and methods to handle Japanese regulatory prerequisites.