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MLP & Income Portfolio  Fact Card

Over the last several years, master limited partnerships (MLPs) have become an important part of certain companies' capital structure and their ability to raise capital. This growing asset class has raised a record amount of capital for three straight years and is on track to do the same this year. Energy MLPs currently account for about 80% of MLPs, up from 37% in 1990.1

Invesco Unit Trusts now offers the MLP & Income Portfolio, featuring an income and growth strategy that consists of energy MLPs and closed-end fund MLPs. The individual MLPs have US-based operations in the transport and storage of oil, natural gas and other natural resources.

Source: Bloomberg L.P. Feb. 28, 2013. The risks of owning stocks and MLPs are much different than those associated with the ownerships of the fixed income securities.

Source: Morningstar Direct. Feb. 28,2013.

Energy MLPs

You may want to consider adding a UIT with energy MLP exposure to your overall investment portfolio because they:

  • Offer tax-advantaged income.
  • Have a history of distribution growth to boost total return and potentially offer a level of protection against rising inflation.
  • Offer a stable revenue stream — most energy MLPs are backed by long-term contracts of up to 20 years with relatively predictable cash streams.2
  • Have the potential to benefit from improved and expanded infrastructure needs resulting from rising energy demand.
  • Offer diversification — MLP returns have historically had significantly low correlations to the returns of equities, fixed income and commodities, including natural gas and crude oil prices.3

1 National Association of Publicly Traded Partnerships 03/31
2 Merrill Lynch Research, March 1, 2013.
3 Master limited partnerships: An Introduction. Legg Mason 05/12.

Diversification does not guarantee a profit or eliminate the risk of loss.
Past performance is not indicative of future results. The performance presented on this page is not that of any Invesco unit trust, and is not indicative of the expected performance of any MLPI series.

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

A security issuer may be unwilling or unable to make interest and/or principal payments or declare dividends in the future, or may reduce the level of dividends declared. This may reduce the level of dividends certain of the Portfolio's securities pay which would reduce your income and may cause the value of your Units to fall.

The financial condition of a security issuer may worsen or its credit ratings may drop, resulting in a reduction in the value of your Units. This may occur at any point in time, including during the initial offering period.

The Portfolio and each of the closed-end funds in the Portfolio invest in MLPs. Most MLPs operate in the energy sector and are subject to the risks generally applicable to companies in that sector, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. MLPs are also subject the risk that regulatory or legislative changes could eliminate the tax benefits enjoyed by MLPs which could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the Portfolio's investments.

The Portfolio invests in shares of closed-end funds. You should understand the section titled "Closed-End Funds" before you invest. In particular, shares of closed-end funds tend to trade at a discount from their net asset value and are subject to risks related to factors such as management's ability to achieve a fund's objective, market conditions affecting a fund's investments and use of leverage. The Portfolio and the underlying funds have management and operating expenses. You will bear not only your share of the Portfolio's expenses, but also the expenses of the underlying funds. By investing in other funds, the Portfolio incurs greater expenses than you would incur if you invested directly in the funds.

The Portfolio is concentrated in securities issued by companies in the energy sector. Negative developments in this sector will affect the value of your investment more than would be the case in a more diversified investment. We do not actively manage the Portfolio. Except in limited circumstances, the Portfolio will hold, and may continue to buy, shares of the same securities even if their market value declines.

Invesco's history of offering unit investment trusts began with the acquisition of the sponsor by Invesco Ltd. in June 2010. Invesco unit investment trusts are distributed by the sponsor, Invesco Capital Markets, Inc. (formerly Van Kampen Funds Inc.) and broker dealers including Invesco Distributors, Inc. Both firms are wholly owned, indirect subsidiaries of Invesco Ltd.
The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe.
The CBOE Volatility Index® (VIX®) is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
Since its introduction in 1993, VIX has been considered by many to be the world's premier barometer of investor sentiment and market volatility.
The S&P 500® Energy Index comprises those companies included in the S&P 500 that are classified as members of the GICS® energy sector.
The S&P 500 Index is an unmanaged index generally representative of the U.S. stock market and consists of 500 large-cap common stocks actively traded in the United States.
Indexes are statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Such costs would lower performance. It is not possible to invest directly in an index
Correlation is a statistical measure of how two securities move in relation to each other. The correlation coefficient ranges between -1 and +1.
Perfect positive correlation (a correlation co-efficient of +1) implies that as one security moves, either up or down, the other security will move in lockstep, in the same direction. Alternatively, perfect negative correlation means that if one security moves in either direction the security that is perfectly negatively correlated will move in the opposite direction. If the correlation is 0, the movements of the securities are said to have no correlation; they are completely random.
The Alerian MLP Index is a composite of the 50 most prominent energy Master Limited Partnerships (MLPs) that provides investors with an unbiased, comprehensive benchmark for this emerging asset class. The index, which is calculated using a float-adjusted, capitalization-weighted methodology, is disseminated real-time on a price-return basis (NYSE: AMZ) and on a total-return basis (NYSE: AMZX).

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Before investing, investors should carefully read the prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the trusts, investors should ask their advisors for a prospectus.

All data provided by Invesco unless otherwise noted.

Invesco's history of offering unit investment trusts began with the acquisition of the sponsor by Invesco Ltd. in June 2010. Invesco unit investment trusts are distributed by the sponsor, Invesco Capital Markets, Inc. (formerly Van Kampen Funds Inc.) and broker dealers including Invesco Distributors, Inc. Both firms are wholly owned, indirect subsidiaries of Invesco Ltd.

Invesco Distributors, Inc.

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