Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. It is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The fund invests in U.S. fixed income markets, primarily in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's, using fundamental analysis with a bottom-up security selection approach. It was previously known as Morgan Stanley Municipal Income Opportunities Trust, was formed on September 19, 1988, and is domiciled in the United States.