Quality Municipal Income Trust, 20+ Year (QUAL0205)

Objective

Take advantage of federal tax-exempt investments through a convenient and efficient way of purchasing a professionally selected and diversified portfolio of quality municipal bonds. The Trust is a long-term portfolio1 that offers federal tax-exempt income with the potential for a higher yield than a portfolio holding insured municipal bonds. The bonds in the portfolio are generally not insured, and, if rated, have credit ratings of at least A- by Standard & Poor's or at least A3 by Moody's as of the deposit date.2 The Trust seeks to provide federal tax-exempt income3 and to preserve capital. The Trust invests in a portfolio of tax-exempt municipal bonds.

1 Due to the nature of municipal bonds, there is a risk that a bond may be called before maturity, potentially below it's par value, and investors may be unable to reinvest their principal at the same rate of return.

2 Each bond’s rating may change after its inclusion in the Trust.

3 A portion of your interest income may be subject to state or local taxes.

Diversification does not ensure a profit or eliminate the risk of loss.

 Read more
as of 09/20/2019

Estimated Return Information1

Breakpoint Est. Current
Return (%)
Est. Long-Term
Return (%)
$1,000 3.05 2.08
Fee Based 3.14 2.37
Rollover 3.05 2.08
as of 09/20/2019

Estimated Distribution Information

Monthly CUSIP 74758A429
Est. Current Return1
Est. Long-Term Return1
Est. Annual Income3
3.05%
2.08%
$34.26
Accrued Interest
Est. Daily Rate of Accrual4
$1.34000
$0.09517
Beginning Interest Date
Est. Current Return as of Deposit Date1
Initial Distribution
Est. Normal Distribution (monthly)
Initial Record Date
Initial Payable Date
Jul 18, 2019
3.09%
$2.09000
$2.85500
Aug 10, 2019
Aug 25, 2019

Normal record dates and payable dates are the 10th and 25th calendar days monthly.

Fee Based CUSIP 74758A437
Est. Current Return1
Est. Long-Term Return1
Est. Annual Income3
3.14%
2.37%
$34.26
Accrued Interest
Est. Daily Rate of Accrual4
$1.34000
$0.09517
Beginning Interest Date
Est. Current Return as of Deposit Date1
Initial Distribution
Est. Normal Distribution (monthly)
Initial Record Date
Initial Payable Date
Jul 18, 2019
3.19%
$2.09000
$2.85500
Aug 10, 2019
Aug 25, 2019

Normal record dates and payable dates are the 10th and 25th calendar days monthly.

as of 09/20/2019

State Breakdown

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.

For Fixed-Income trusts, "S.F." indicates a sinking fund is established with respect to an issue of bonds.


The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.


About risk

There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. Accordingly, you can lose money investing in this trust.

An investment in a trust should be made with an understanding of the risks associated therewith, such as the inability of the issuer or an insurer to pay the principal of or interest on a bond when due, volatile interest rates, early call provisions and changes to the tax status of the bonds.

The financial condition of an 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 primary offering period.

The value of the bonds will generally fall if interest rates, in general, rise. Given the historically low interest rate environment in the U.S., risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

A portion of your interest may be subject to state and local taxes.

This trust is concentrated in bonds of issuers in the health care sector. The ability of health care issuers, such as hospitals and hospital systems, to make payments on bonds depends on factors such as facility occupancy levels, government regulation, cost of malpractice insurance and claims, and government financial assistance (such as Medicare and Medicaid).

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select "Understanding Ratings" under Rating Resources on the homepage or Moody's at www.moodys.com and select "Rating Methodologies" under Research and Ratings on the homepage.

Please see the information supplement for a discussion of situations in which the Trust may designate previously distributed interest income during the year as taxable net capital gain in order to satisfy certain of the annual distribution requirements for regulated investment companies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

as of 09/20/2019
Bonds  Coupon Rate
(%) 
Maturity  S&P/Moody
Ratings1
Weighting
(%)
California Municipal Finance Authority Tax-Exempt Revenue Bonds, University of LA Verne, Series 2017a 4.000 06/01/2047 -/A3 0.94
CUSIP: 13048T2U6
Current Par: 50000
Original Par: 50000
Redemption Feature: 06/01/2027 @ 100.0 | 06/01/2044 @ 100.0 S.F.
California, Los Angeles County, Covina-Valley Unified School District General Obligation Bonds, Election of 2012, Series C 3.000 08/01/2045 -/Aa3 3.20
CUSIP: 223093TK1
Current Par: 185000
Original Par: 185000
Redemption Feature: 08/01/2026 @ 100.0 | 08/01/2042 @ 100.0 S.F.
California, Los Angeles County, El Segundo Unified School District General Obligation Bonds, Election of 2018, Series A 3.000 08/01/2043 AA-/Aa2 4.15
CUSIP: 284047JM0
Current Par: 240000
Original Par: 240000
Redemption Feature: 08/01/2027 @ 100.0
California, Sacramento County, Los Rios Community College District General Obligation Bonds, Election of 2008, Series D 3.000 08/01/2044 AA/Aa2 1.21
CUSIP: 545624RB6
Current Par: 70000
Original Par: 70000
Redemption Feature: 08/01/2027 @ 100.0 | 08/01/2040 @ 100.0 S.F.
Florida, Bay County Water and Sewer System Revenue Refunding Bonds, Series 2015 4.000 09/01/2045 -/A3 1.84
CUSIP: 072246AU5
Current Par: 100000
Original Par: 100000
Redemption Feature: 09/01/2025 @ 100.0 | 09/01/2041 @ 100.0 S.F.
Florida, Sarasota County Public Hospital District Fixed Rate Hospital Revenue Bonds, Sarasota Memorial Hospital Project, Series 2018 4.000 07/01/2048 -/A1 2.61
CUSIP: 803301DK3
Current Par: 140000
Original Par: 140000
Redemption Feature: 07/01/2028 @ 100.0 | 07/01/2041 @ 100.0 S.F.
Florida, Usf Financing Corporation Master Lease Program Certificates of Participation (Build America Mutual Assurance Insured) 4.000 07/01/2048 AA/A1 4.23
CUSIP: 90341UFP2
Current Par: 225000
Original Par: 225000
Redemption Feature: 01/01/2029 @ 100.0 | 07/01/2044 @ 100.0 S.F.
Illinois Finance Authority Refunding Revenue Bonds, Depaul University, Series 2016a 4.000 10/01/2040 A/A2 0.93
CUSIP: 45204EHW1
Current Par: 50000
Original Par: 50000
Redemption Feature: 10/01/2026 @ 100.0 | 10/01/2038 @ 100.0 S.F.
Illinois Finance Authority Refunding Revenue Bonds, Riverside Health System, Series 2016 3.250 11/15/2045 A+/A2 3.43
CUSIP: 45204ELJ5
Current Par: 200000
Original Par: 200000
Redemption Feature: 11/15/2026 @ 100.0 | 11/15/2036 @ 100.0 S.F.
Illinois State Toll Highway Authority, Toll Highway Senior Revenue Bonds, Series 2019a 4.000 01/01/2044 AA-/A1 8.57
CUSIP: 452252NQ8
Current Par: 450000
Original Par: 450000
Redemption Feature: 07/01/2029 @ 100.0 | 01/01/2042 @ 100.0 S.F.
Illinois, Cook County Sales Tax Revenue Bonds, Series 2017 4.000 11/15/2040 AA/- 1.68
CUSIP: 213248BL0
Current Par: 90000
Original Par: 90000
Redemption Feature: 11/15/2027 @ 100.0
Kentucky, University of Kentucky General Receipts Revenue Bonds, 2018 Series A 3.500 10/01/2047 AA/Aa2 8.00
CUSIP: 914378MV3
Current Par: 450000
Original Par: 450000
Redemption Feature: 04/01/2026 @ 100.0 | 10/01/2043 @ 100.0 S.F.
Louisiana, St. Tammany Parish Hospital Service District No. 1, Hospital Revenue and Refunding Revenue Bonds, St. Tammany Parish Hospital 4.000 07/01/2043 -/- 2.77
CUSIP: 793556CL3
Current Par: 150000
Original Par: 150000
Redemption Feature: 07/01/2028 @ 100.0 | 07/01/2039 @ 100.0 S.F.
Michigan Finance Authority, Hospital Revenue Refunding Bonds, Henry Ford Health System, Series 2016 4.000 11/15/2046 A/A2 7.46
CUSIP: 59447TMQ3
Current Par: 405000
Original Par: 405000
Redemption Feature: 11/15/2026 @ 100.0 | 11/15/2043 @ 100.0 S.F.
Michigan, Board of Trustees of Michigan State University, General Revenue Bonds, Series 2019b 4.000 02/15/2044 AA/Aa2 3.86
CUSIP: 594712VD0
Current Par: 200000
Original Par: 200000
Redemption Feature: 02/15/2029 @ 100.0 | 02/15/2040 @ 100.0 S.F.
Michigan, Kalamazoo County, Portage Public Schools, 2019 School Building and Site Unlimited Tax General Obligation Bonds 3.000 05/01/2040 AA-/- 4.35
CUSIP: 735779NQ9
Current Par: 250000
Original Par: 250000
Redemption Feature: 05/01/2029 @ 100.0 | 05/01/2039 @ 100.0 S.F.
Missouri, State Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis University, Series 2019a 4.000 10/01/2048 AA-/A1 4.24
CUSIP: 60636AST1
Current Par: 225000
Original Par: 225000
Redemption Feature: 04/01/2029 @ 100.0 | 10/01/2047 @ 100.0 S.F.
Nebraska, Adams County School District 0018 General Obligation Refunding Bonds, Hastings Public Schools, Series 2019 4.000 12/15/2044 -/Aa3 4.33
CUSIP: 006078ER6
Current Par: 225000
Original Par: 225000
Redemption Feature: 05/16/2029 @ 100.0 | 12/15/2040 @ 100.0 S.F.
New Jersey Educational Facilities Authority Revenue Refunding Bonds, Seton Hall University Issue, 2017 Series D 3.500 07/01/2044 A-/A3 1.98
CUSIP: 646066V56
Current Par: 110000
Original Par: 110000
Redemption Feature: 07/01/2027 @ 100.0 | 07/01/2043 @ 100.0 S.F.
New York, Metropolitan Transportation Authority, Transportation Revenue Green Bonds, Climate Bond Certified, Series 2019b (Assured Municipal Insured) 4.000 11/15/2049 AA/A1 3.23
CUSIP: 59261AYW1
Current Par: 170000
Original Par: 170000
Redemption Feature: 05/15/2029 @ 100.0
Ohio, Athens County, Athens City School District, School Facilities Construction and Improvement General Obligation Unlimited Tax Bonds, 4.000 12/01/2044 -/Aa2 4.27
CUSIP: 047195JJ2
Current Par: 225000
Original Par: 225000
Redemption Feature: 12/01/2028 @ 100.0 | 12/01/2041 @ 100.0 S.F.
Ohio, Richland and Morrow Counties, Lexington Local School District, School Facilities Construction and Improvement Unlimited Tax General Obligation 3.125 10/01/2049 -/Aa2 3.65
CUSIP: 529522GC2
Current Par: 210000
Original Par: 210000
Redemption Feature: 04/01/2029 @ 100.0 | 10/01/2045 @ 100.0 S.F.
Pennsylvania, Allegheny County Hospital Development Authority Revenue Bonds, Allegheny Health Network Obligated Group Issue, Series 2018a 4.000 04/01/2044 A/- 4.12
CUSIP: 01728A3Z7
Current Par: 225000
Original Par: 225000
Redemption Feature: 04/01/2028 @ 100.0 | 04/01/2039 @ 100.0 S.F.
Texas, City of Denton Certificates of Obligation, Series 2017 4.000 02/15/2047 AA+/NR 3.72
CUSIP: 248866V85
Current Par: 200000
Original Par: 200000
Redemption Feature: 02/15/2027 @ 100.0 | 02/15/2044 @ 100.0 S.F.
Texas, Del Mar College District Limited Tax General Obligation Bonds, Series 2018b 4.000 08/15/2048 -/Aa2 2.86
CUSIP: 245176HZ8
Current Par: 150000
Original Par: 150000
Redemption Feature: 08/15/2028 @ 100.0 | 08/15/2042 @ 100.0 S.F.
Texas, Port Freeport Non-Amt General Obligation Bonds, Series 2019 4.000 08/01/2049 -/Aa2 4.25
CUSIP: 734122BC7
Current Par: 225000
Original Par: 225000
Redemption Feature: 08/01/2029 @ 100.0 | 08/01/2045 @ 100.0 S.F.
Wisconsin, Public Finance Authority, Hospital Revenue Bonds Wakemed, Series 2019a 4.000 10/01/2049 -/A2 4.15
CUSIP: 74442CBZ6
Current Par: 225000
Original Par: 225000
Redemption Feature: 04/01/2029 @ 100.0 | 10/01/2045 @ 100.0 S.F.

* Par and Prices are in local currency

1The S&P and Moody's ratings apply to the bonds held by the trust, and not the trust itself.

  A Standard & Poor's credit rating is a current opinion of the creditworthiness of an obligor with respect to a specific debt obligation. This opinion of creditworthiness may take into consideration the creditworthiness of guarantors, insurers or other forms of credit enhancement on the obligation.

  Moody's municipal ratings are opinions of the investment quality of the issues and issues in the US municipal and tax-exempt markets. As such, these ratings incorporate Moody's assessment of the default probability and loss severity of these issuers and issues.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.

For Fixed-Income trusts, "S.F." indicates a sinking fund is established with respect to an issue of bonds.


The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.


About risk

There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. Accordingly, you can lose money investing in this trust.

An investment in a trust should be made with an understanding of the risks associated therewith, such as the inability of the issuer or an insurer to pay the principal of or interest on a bond when due, volatile interest rates, early call provisions and changes to the tax status of the bonds.

The financial condition of an 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 primary offering period.

The value of the bonds will generally fall if interest rates, in general, rise. Given the historically low interest rate environment in the U.S., risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

A portion of your interest may be subject to state and local taxes.

This trust is concentrated in bonds of issuers in the health care sector. The ability of health care issuers, such as hospitals and hospital systems, to make payments on bonds depends on factors such as facility occupancy levels, government regulation, cost of malpractice insurance and claims, and government financial assistance (such as Medicare and Medicaid).

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select "Understanding Ratings" under Rating Resources on the homepage or Moody's at www.moodys.com and select "Rating Methodologies" under Research and Ratings on the homepage.

Please see the information supplement for a discussion of situations in which the Trust may designate previously distributed interest income during the year as taxable net capital gain in order to satisfy certain of the annual distribution requirements for regulated investment companies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

Historical Pricing

From   to

Distributions

From   to

LIQUIDATION PRICE
Represents the value per unit that a unitholder would receive if the unitholder redeemed or sold units. This price is equal to the net asset value per unit plus any remaining organization costs and creation and development fee. This price reflects any remaining deferred sales charges payable in connection with a liquidation of units.

OFFER PRICE
Represents the net asset value per unit plus any applicable organization costs and sales charges. This is the regular public offering price per unit paid to purchase units. This price is often subject to certain sales charge discounts described in a trust prospectus.

NET ASSET VALUE (NAV)
Represents the value per unit of a trust's portfolio securities and other assets reduced by trust expenses and other liabilities, including remaining organization costs, deferred sales charges and creation and the development fee.


This page contains historical pricing or historical income distributions information for the unit trust listed above. It should not be used for federal or state tax purposes. Please contact your financial advisor for tax information.

This information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state, or other jurisdiction to any person to whom it is not lawful to make such an offer. A trust that contains a state name in the trust name is generally available for sale only to investors in that state. The information shown may relate to a trust that is no longer offered to the public. In such a case, this information does not constitute an offer to sell, or a solicitation of an offer to buy units of the trust.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. Accordingly, you can lose money investing in this trust.

An investment in a trust should be made with an understanding of the risks associated therewith, such as the inability of the issuer or an insurer to pay the principal of or interest on a bond when due, volatile interest rates, early call provisions and changes to the tax status of the bonds.

The financial condition of an 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 primary offering period.

The value of the bonds will generally fall if interest rates, in general, rise. Given the historically low interest rate environment in the U.S., risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

A portion of your interest may be subject to state and local taxes.

This trust is concentrated in bonds of issuers in the health care sector. The ability of health care issuers, such as hospitals and hospital systems, to make payments on bonds depends on factors such as facility occupancy levels, government regulation, cost of malpractice insurance and claims, and government financial assistance (such as Medicare and Medicaid).

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select "Understanding Ratings" under Rating Resources on the homepage or Moody's at www.moodys.com and select "Rating Methodologies" under Research and Ratings on the homepage.

Please see the information supplement for a discussion of situations in which the Trust may designate previously distributed interest income during the year as taxable net capital gain in order to satisfy certain of the annual distribution requirements for regulated investment companies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

as of 09/20/2019

Cumulative Return (%)

Maximum Sales Charge: 3.50%
YTD (%) Since Deposit (%) 3 Mo (%) 6 Mo (%)
With Sales Charge -1.37
Without Sales Charge 2.18
as of 09/20/2019

Average Annual Return (%)

1 Yr (%) 5 Yr (%) 10 Yr (%) Since Deposit (%)
With Sales Charge
Without Sales Charge

The performance data quoted for the individual series of a trust that has not terminated or has an open termination date is from the deposit date through the current date quoted. For individual series that have terminated, performance data quoted is from the deposit date through the termination date.

Performance data quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate and units, when redeemed, may be worth more or less than their original cost.

Returns are cumulative total returns (not annualized) unless labeled as average annual total returns. All returns reflect trust expenses as incurred and assume reinvestment of income and principal distributions, except for trusts that do not offer the option of reinvesting distributions into additional trust units. Please see the related trust prospectus for additional information. Returns do not reflect taxes.

A trust's performance, especially for short time periods, should not be the sole factor in making your investment decision. Please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

Returns With Sales Charge reflect the maximum sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The sales charge includes any initial or deferred sales charges other than creation and development fee. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment. by a trust. These returns reflect any contingent deferred sales charges only if the charges would be payable upon a unit sale or redemption at or prior to the end of the applicable performance period(s). Certain trusts are no longer offered for sale to the public and, as a result, do not publish an offer price or have a sales charge. In these cases, returns will not reflect a sales charge if a trust was not actually offered for sale to the public on the first day of the applicable period because units of the trust could not have been purchased by an investor at that time. These returns will show 'N/A' for With Sales Charge data

Returns Without Sales Charge do not reflect any sales charge and do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

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. Accordingly, you can lose money investing in this trust. Certain trusts are unmanaged and their portfolios are not intended to change during the trusts' lives except in limited circumstances. Certain trusts are passively managed and seek to track their target index during the trust's life. For a more complete discussion of the risks of investing in this trust, click on the Fact Card.

Performance Calculator

From   to
  Total Return (%)
With Sales Charge -1.37
Without Sales Charge 2.18

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. Accordingly, you can lose money investing in this trust.

An investment in a trust should be made with an understanding of the risks associated therewith, such as the inability of the issuer or an insurer to pay the principal of or interest on a bond when due, volatile interest rates, early call provisions and changes to the tax status of the bonds.

The financial condition of an 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 primary offering period.

The value of the bonds will generally fall if interest rates, in general, rise. Given the historically low interest rate environment in the U.S., risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

A portion of your interest may be subject to state and local taxes.

This trust is concentrated in bonds of issuers in the health care sector. The ability of health care issuers, such as hospitals and hospital systems, to make payments on bonds depends on factors such as facility occupancy levels, government regulation, cost of malpractice insurance and claims, and government financial assistance (such as Medicare and Medicaid).

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select "Understanding Ratings" under Rating Resources on the homepage or Moody's at www.moodys.com and select "Rating Methodologies" under Research and Ratings on the homepage.

Please see the information supplement for a discussion of situations in which the Trust may designate previously distributed interest income during the year as taxable net capital gain in order to satisfy certain of the annual distribution requirements for regulated investment companies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance that a unit investment trust will achieve its investment objective. An investment in this unit 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. Accordingly, you can lose money investing in this trust.

An investment in a trust should be made with an understanding of the risks associated therewith, such as the inability of the issuer or an insurer to pay the principal of or interest on a bond when due, volatile interest rates, early call provisions and changes to the tax status of the bonds.

The financial condition of an 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 primary offering period.

The value of the bonds will generally fall if interest rates, in general, rise. Given the historically low interest rate environment in the U.S., risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

A portion of your interest may be subject to state and local taxes.

This trust is concentrated in bonds of issuers in the health care sector. The ability of health care issuers, such as hospitals and hospital systems, to make payments on bonds depends on factors such as facility occupancy levels, government regulation, cost of malpractice insurance and claims, and government financial assistance (such as Medicare and Medicaid).

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select "Understanding Ratings" under Rating Resources on the homepage or Moody's at www.moodys.com and select "Rating Methodologies" under Research and Ratings on the homepage.

Please see the information supplement for a discussion of situations in which the Trust may designate previously distributed interest income during the year as taxable net capital gain in order to satisfy certain of the annual distribution requirements for regulated investment companies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

as of 09/20/2019

QUAL0205

  • Offer Price $1,125.02000
  • Fee Based Price $1,092.39000
  • Liquidation Price $1,085.90000
  • Par Value5 $1,000.00000
  • Initial Offering

Trust Specifics

  • Jul 16, 2019 Deposit Date
  • IQMUPX NASDAQ Symbol
  • Open Termination Date
  • Tax Status:
    Regulated Investment Company
  • $1107.40000 Public Offering Price
    (End of deposit date)
  • 3.50% Maximum Sales Charge
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • 26.43 Average Maturity
    (as of 09/20/2019)
  • 11.89 ELTR Life2
    (as of 09/20/2019)
  • Estimated Frequency of Offering:
    Varies
  • 74758A429 Monthly CUSIP
  • 74758A437 Fee Based CUSIP
  • 27 Number of Issues
    (as of 09/20/2019)
  • 26 Number of Issuers
    (as of 09/20/2019)
  • 5,445 Portfolio Size (units)
    (as of 09/20/2019)
  • - Pre-refunded (%)
    (as of 09/20/2019)
  • - Single Family (%)
    (as of 09/20/2019)
  • - Zero Coupon (%)
    (as of 09/20/2019)
  • Sep 01, 2025 Next Call Date
    (as of 09/20/2019)