Edgar Filing: Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust

Quarterly Schedule of Portfolio Holdings

May 31, 2013

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MS-CE-QMINC-QTR-1 05/13

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IQI 05-31-2013 N-Q


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS

OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-06591

Invesco Quality Municipal Income Trust

(Exact name of registrant as specified in charter)

1555 Peachtree Street, N.E., Atlanta, Georgia 30309

(Address of principal executive offices) (Zip code)

Philip A. Taylor 1555 Peachtree Street, N.E., Atlanta, Georgia 30309

(Name and address of agent for service)

Registrant’s telephone number, including area code: (713) 626-1919

Date of fiscal year end: 2/28

Date of reporting period: 05/31/13

Item 1. Schedule of Investments.

Schedule of Investments

May 31, 2013

(Unaudited)


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Municipal Obligations–156.62%^*

Alabama–1.07%

Alabama (State of) Incentives Financing Authority; Series 2012 A, Special Obligation RB	5.00%		09/01/42	$	1,965	$	2,135,366
Birmingham (City of) Airport Authority; Series 2010, RB (INS-AGM) ^(a)	5.25%		07/01/30		2,100		2,315,565
Birmingham (City of) Water Works Board; Series 2011, Water RB (INS-AGM) ^(a)(b)	5.00%		01/01/36		3,060		3,338,827
							7,789,758

Alaska–0.64%

Alaska (State of) Industrial Development & Export Authority (Providence Health Services); Series 2011 A, RB ^(b)	5.50%		10/01/41		4,065		4,649,628

Arizona–2.40%

Apache (County of) Industrial Development Authority (Tucson Electric Power Co.); Series 2012 A, PCR	4.50%		03/01/30		1,035		1,064,736
Arizona (State of) Health Facilities Authority (Phoenix Children’s Hospital); Series 2012, Ref. Hospital System RB	5.00%		02/01/42		2,050		2,167,240
Arizona (State of) Transportation Board; Series 2011 A, Ref. Sub. Highway RB ^(b)	5.00%		07/01/36		3,450		3,872,177
Arizona (State of); Series 2008 A, COP (INS-AGM) ^(a)	5.00%		09/01/24		1,995		2,178,161
Maricopa County Pollution Control Corp. (Arizona Public Service Co. - Palo Verde); Series 2009 A, Ref. PCR ^(c)	6.00%		05/01/14		1,475		1,537,643
Phoenix (City of) Industrial Development Authority (Rowan University); Series 2012, Lease RB	5.00%		06/01/42		2,780		2,931,399
Pima (County of) Industrial Development Authority (Edkey Charter Schools); Series 2013, Ref. Education Facility RB	6.00%		07/01/33		1,000		1,040,070
Pima (County of) Industrial Development Authority (Tucson Electric Power Co.); Series 2010 A, IDR	5.25%		10/01/40		2,525		2,743,816
							17,535,242

California–25.92%

Alhambra Unified School District (Election of 2004);
Series 2009 B, Unlimited Tax CAB GO Bonds (INS-AGC) ^(a)(d)	0.00%		08/01/35		3,570		1,216,835
Series 2009 B, Unlimited Tax CAB GO Bonds (INS-AGC) ^(a)(d)	0.00%		08/01/36		5,770		1,835,725
Bay Area Toll Authority (San Francisco Bay Area); Series 2007 F, Toll Bridge RB ^(c)(e)	5.00%		04/01/17		1,000		1,162,670
Beverly Hills Unified School District (Election of 2008);
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/26		1,390		904,417
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/31		2,680		1,306,312
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center); Series 2005, Ref. RB	5.00%		11/15/34		1,700		1,805,111
California (State of) Health Facilities Financing Authority (Kaiser Permanente); Series 2006 A, RB	5.25%		04/01/39		2,000		2,164,880
California (State of) Health Facilities Financing Authority (Sutter Health); Series 2013 A, RB	5.00%		08/15/52		3,000		3,201,210
California (State of) Pollution Control Finance Authority;
Series 2012, Water Furnishing RB ^(f)(g)	5.00%		07/01/30		1,450		1,492,065
Series 2012, Water Furnishing RB ^(f)(g)	5.00%		07/01/37		3,195		3,225,065
California (State of) Public Works Board (Department of Mental Health - Coalinga State Hospital); Series 2004 A, Lease RB ^(c)(e)	5.00%		06/01/14		5,000		5,237,650
California (State of) Statewide Communities Development Authority (California Baptist University); Series 2007 A, RB	5.40%		11/01/27		4,000		4,261,440
California (State of) Statewide Communities Development Authority (John Muir Health);
Series 2006 A, RB	5.00%		08/15/28		1,015		1,098,007
Series 2006 A, RB	5.00%		08/15/32		8,000		8,716,320
California (State of) Statewide Communities Development Authority (Kaiser Permanente); Series 2012 A, RB	5.00%		04/01/42		5,260		5,715,200
California (State of);
Series 2003, Unlimited Tax GO Bonds ^(c)(e)	5.00%		08/01/13		340		342,710
Series 2003, Unlimited Tax GO Bonds ^(c)(e)	5.00%		08/01/13		80		80,638
Series 2003, Unlimited Tax GO Bonds	5.00%		02/01/24		580		584,153

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

California–(continued)

Series 2003, Unlimited Tax GO Bonds ^(c)(e)	5.25%		08/01/13	$	145	$	146,217
Series 2003, Unlimited Tax GO Bonds ^(c)(e)	5.25%		08/01/13		4,855		4,895,733
Series 2012, Various Purpose Unlimited Tax GO Bonds	5.00%		04/01/42		2,460		2,676,751
Series 2012, Various Purpose Unlimited Tax GO Bonds	5.25%		04/01/35		4,305		4,878,254
Series 2013, Ref. Unlimited Tax GO Bonds	5.00%		10/01/24		2,325		2,645,338
Series 2013, Various Purpose Unlimited Tax GO Bonds	5.00%		02/01/38		2,600		2,873,572
Series 2013, Various Purpose Unlimited Tax GO Bonds	5.00%		02/01/43		1,250		1,367,700
Series 2013, Various Purpose Unlimited Tax GO Bonds	5.00%		04/01/43		2,000		2,191,000
California Infrastructure & Economic Development Bank (The Scripps Research Institute); Series 2005 A, RB	5.00%		07/01/29		5,000		5,367,750
California Infrastructure & Economic Development Bank; Series 2003 A, First Lien Bay Area Toll Bridges Seismic Retrofit RB ^(b)(c)(e)	5.00%		01/01/28		5,000		6,501,750
Clovis Unified School District (Election of 2004); Series 2004 A, Unlimited Tax CAB GO Bonds (INS-NATL) ^(a)(d)	0.00%		08/01/29		695		349,641
Dry Creek Joint Elementary School District (Election of 2008-Measure E);
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/40		4,685		1,175,467
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/41		4,965		1,177,400
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/42		5,265		1,182,993
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/43		3,460		732,171
Series 2009, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/44		4,825		963,890
East Bay Municipal Utility District; Series 2010 A, Ref. Sub. Water System RB ^(b)	5.00%		06/01/36		4,770		5,503,626
El Segundo Unified School District (Election of 2008);
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/31		1,775		754,499
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/32		1,980		796,950
Golden State Tobacco Securitization Corp.; Series 2005 A, Enhanced Tobacco Settlement Asset-Backed RB	5.00%		06/01/45		1,500		1,557,075
Los Angeles (City of) Department of Airports (Los Angeles International Airport); Series 2010 A, Sr. RB ^(b)	5.00%		05/15/35		6,000		6,686,400
Los Angeles (City of) Department of Water & Power;
Series 2004 C, Water System RB ^(c)(e)	5.00%		07/01/14		3,920		4,120,194
Series 2012 A, Water System RB ^(b)	5.00%		07/01/43		6,510		7,234,563
Los Angeles (City of); Series 2004 A, Unlimited Tax GO Bonds ^(c)(e)	5.00%		09/01/14		6,000		6,357,120
Los Angeles Community College District; Series 2003 B, Unlimited Tax GO Bonds (INS-AGM) ^(a)	5.00%		08/01/27		4,000		4,027,720
Menifee Union School District (Election of 2008); Series 2009 C, Unlimited Tax CAB GO Bonds (INS-AGC) ^(a)(d)	0.00%		08/01/34		1,985		685,738
Milpitas (City of) Redevelopment Agency (Redevelopment Area No. 1); Series 2003, Tax Allocation RB (INS-NATL) ^(a)	5.00%		09/01/22		3,040		3,070,309
Moreland School District (Crossover); Series 2006 C, Ref. Unlimited Tax CAB GO Bonds (INS-AMBAC) ^(a)(d)	0.00%		08/01/29		3,955		1,903,502
Oak Grove School District (Election of 2008); Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/28		2,875		1,529,443
Oxnard (City of) Finance Authority (Redwood Trunk Sewer & Headworks); Series 2004 A, Wastewater RB (INS-NATL) ^(a)	5.00%		06/01/29		4,000		4,116,880
Patterson Joint Unified School District (Election of 2008);
Series 2009 B, Unlimited Tax CAB GO Bonds (INS-AGM) ^(a)(d)	0.00%		08/01/36		4,025		1,207,540
Series 2009 B, Unlimited Tax CAB GO Bonds (INS-AGM) ^(a)(d)	0.00%		08/01/37		1,590		454,994
Poway Unified School District (Election of 2008 - School Facilities Improvement District No. 2007-1);
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/27		4,005		2,264,707
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/31		5,000		2,202,200
Regents of the University of California;
Series 2007 J, General RB (INS-AGM) ^(a)(b)	4.50%		05/15/31		2,760		2,862,727
Series 2007 J, General RB (INS-AGM) ^(a)(b)	4.50%		05/15/35		2,240		2,313,853
Series 2009 O, General RB	5.25%		05/15/39		500		573,730
San Diego (County of) Regional Airport Authority; Series 2010 A, Sub. RB	5.00%		07/01/34		875		947,835
San Diego (County of) Water Authority; Series 2004 A, Revenue COP (INS-AGM) ^(a)(b)	5.00%		05/01/29		4,240		4,510,342
San Diego Community College District (Election of 2006); Series 2011, Unlimited Tax GO Bonds ^(b)	5.00%		08/01/36		6,790		7,649,003

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

California–(continued)

San Francisco (City & County of) (Laguna Honda Hospital); Series 2008 R3, Ref. Unlimited Tax GO Bonds (INS-AGC) ^(a)(b)	5.00%		06/15/28	$	2,040	$	2,182,514
San Francisco (City & County of) Airport Commission (San Francisco International Airport);
Series 2011 F, Ref. Second Series RB ^(f)	5.00%		05/01/25		1,000		1,131,090
Series 2011 F, Ref. Second Series RB ^(f)	5.00%		05/01/26		1,995		2,236,215
Series 2011 G, Ref. Second Series RB	5.25%		05/01/27		5,000		5,756,400
San Francisco (City & County of) Public Utilities Commission (Water System Improvement Program); Subseries 2011 A, Water RB ^(b)	5.00%		11/01/36		4,320		4,860,821
San Francisco (City & County of) Public Utilities Commission; Series 2009 A, Water RB	5.00%		11/01/27		2,500		2,897,900
San Jose Evergreen Community College District (Election of 2004); Series 2008 B, Unlimited Tax CAB GO Bonds (INS-AGM) ^(a)(d)	0.00%		09/01/30		3,300		1,582,779
Twin Rivers Unified School District; Series 2009, Unlimited Tax CAB GO BAN ^(d)	0.00%		04/01/14		3,050		3,030,297
William S. Hart Union High School District (Election of 2008);
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/32		17,570		6,927,851
Series 2009 A, Unlimited Tax CAB GO Bonds ^(d)	0.00%		08/01/33		5,725		2,133,478
							189,546,330

Colorado–1.83%

Colorado (State of) Educational & Cultural Facilities Authority (Peak to Peak Charter School); Series 2004, Ref. & Improvement Charter School RB (INS-SGI) ^(a)	5.25%		08/15/34		3,585		3,634,688
Colorado (State of) Health Facilities Authority (Catholic Health Initiatives); Series 2009 A, RB	5.00%		07/01/39		4,000		4,323,600
Colorado (State of) Housing & Finance Authority; Series 2000 D-2, Sr. Single Family Program RB ^(f)	6.90%		04/01/29		75		76,441
Colorado (State of) Regional Transportation District (Denver Transit Partners Eagle P3); Series 2010, Private Activity RB	6.00%		01/15/41		3,200		3,647,200
Denver (City of) Convention Center Hotel Authority; Series 2006, Ref. Sr. RB (INS-SGI) ^(a)	5.00%		12/01/30		1,590		1,665,875
							13,347,804

Connecticut–0.63%

Connecticut (State of) Health & Educational Facilities Authority (Hartford Healthcare); Series 2011 A, RB	5.00%		07/01/41		4,300		4,586,724

Delaware–0.14%

New Castle (County of) (Newark Charter School, Inc.); Series 2006, RB	5.00%		09/01/36		1,000		1,004,090

District of Columbia–3.13%

District of Columbia (Provident Group - Howard Properties LLC); Series 2013, Student Dormitory RB	5.00%		10/01/45		1,910		1,977,595
District of Columbia Water & Sewer Authority;
Series 2008 A, Ref. Public Utility Sub. Lien RB (INS-AGC) ^(a)	5.00%		10/01/27		575		662,699
Series 2008 A, Ref. Public Utility Sub. Lien RB (INS-AGC) ^(a)	5.00%		10/01/28		265		304,384
District of Columbia;
Series 2006 B-1, Ballpark RB (INS-NATL) ^(a)	5.00%		02/01/31		10,000		10,253,800
Series 2008 E, Unlimited Tax GO Bonds (INS-BHAC) ^(a)(b)	5.00%		06/01/26		380		422,032
Series 2008 E, Unlimited Tax GO Bonds (INS-BHAC) ^(a)(b)	5.00%		06/01/27		380		423,936
Series 2008 E, Unlimited Tax GO Bonds (INS-BHAC) ^(a)(b)	5.00%		06/01/28		760		845,158
Series 2009 A, Sec. Income Tax RB ^(b)	5.25%		12/01/27		3,040		3,653,776
Metropolitan Washington Airports Authority;
Series 2004 C-1, Ref. Airport System RB (INS-AGM) ^(a)(f)	5.00%		10/01/20		3,000		3,178,230
Series 2009 B, Airport System RB (INS-BHAC) ^(a)	5.00%		10/01/29		1,000		1,127,020
							22,848,630

Florida–13.36%

Broward (County of); Series 2012 A, Water & Sewer Utility RB	5.00%		10/01/37		2,145		2,421,984
Citizens Property Insurance Corp.; Series 2012 A-1, Sr. Sec. RB	5.00%		06/01/21		5,110		6,021,062
Florida (State of) Ports Financing Commission (State Transportation Trust Fund); Series 2011 B, Ref. RB ^(f)	5.13%		06/01/27		995		1,132,638

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Florida–(continued)

Highlands (County of) Health Facilities Authority (Adventist Health System/Sunbelt Obligated Group);
Series 2005 C, Ref. Hospital RB	5.00%		11/15/31	$	3,000	$	3,201,930
Series 2006 C, RB ^(c)(e)	5.25%		11/15/16		100		115,526
Series 2006 C, RB	5.25%		11/15/36		3,900		4,313,049
Martin (County of) Health Facilities Authority (Martin Memorial Medical Center); Series 2012, RB	5.00%		11/15/27		4,630		4,958,452
Miami-Dade (County of) (Building Better Communities Program); Series 2009 B-1, Unlimited Tax GO Bonds	6.00%		07/01/38		3,000		3,512,310
Miami-Dade (County of) (Miami International Airport-Hub of the Americas); Series 2009 B, Aviation RB (INS-AGC) ^(a)	5.00%		10/01/25		2,850		3,254,985
Miami-Dade (County of) Educational Facilities Authority (University of Miami); Series 2008 A, RB (INS-BHAC) ^(a)	5.50%		04/01/38		1,300		1,421,394
Miami-Dade (County of) Expressway Authority; Series 2010 A, Ref. Toll System RB	5.00%		07/01/40		2,500		2,667,900
Miami-Dade (County of) Health Facilities Authority (Miami Children’s Hospital); Series 2010 A, Ref. Hospital RB	6.00%		08/01/30		1,195		1,403,946
Miami-Dade (County of);
Series 2005 A, Sub. Special Obligation Conv. CAB RB (INS-NATL) ^(a)(h)	5.00%		10/01/30		2,995		3,160,174
Series 2012, Transit System Sales Surtax RB	5.00%		07/01/33		2,500		2,778,250
Series 2012, Transit System Sales Surtax RB	5.00%		07/01/37		2,700		2,978,478
Series 2012 B, Ref. Sub. Special Obligation RB	5.00%		10/01/32		1,040		1,145,404
Series 2012 B, Ref. Sub. Special Obligation RB	5.00%		10/01/35		1,640		1,777,908
Orange (County of); Series 2012 B, Ref. Sales Tax RB ^(b)	5.00%		01/01/31		7,855		8,899,244
Palm Beach (County of) Health Facilities Authority (Jupiter Medical Center, Inc.); Series 2013 A, Hospital RB	5.00%		11/01/43		2,030		2,078,152
Palm Beach (County of) Solid Waste Authority;
Series 2009, Improvement RB (INS-BHAC) ^(a)	5.50%		10/01/23		2,700		3,304,530
Series 2011, Ref. RB ^(b)	5.00%		10/01/31		3,330		3,730,333
South Miami (City of) Health Facilities Authority (Baptist Health South Florida Obligated Group);
Series 2007, Hospital RB	5.00%		08/15/42		6,000		6,349,320
Series 2007, Hospital RB ^(b)	5.00%		08/15/42		12,000		12,698,640
Series 2007, Hospital RB ^(b)	5.00%		08/15/42		6,000		6,349,320
St. Johns (County of) Industrial Development Authority (Glenmoor);
Series 2006 A, Health Care RB	5.25%		01/01/26		1,000		756,800
Series 2006 A, Health Care RB	5.38%		01/01/40		4,250		2,934,497
Tampa (City of) Sports Authority; Series 2005, Ref. Sales Tax RB (INS-AGM) ^(a)	5.00%		01/01/26		1,545		1,635,413
Tampa Bay Water; Series 2001 A, Ref. & Improvement Utility System RB (INS-NATL) ^(a)	6.00%		10/01/29		2,000		2,648,980
							97,650,619

Georgia–2.69%

Atlanta (City of); Series 2004 J, Airport Passenger Facility Charge & Sub. Lien General RB (INS-AGM) ^(a)	5.00%		01/01/34		4,000		4,203,040
DeKalb (County of); Series 2003 A, Water & Sewerage RB	5.00%		10/01/23		1,200		1,217,088
Georgia (State of) Road & Tollway Authority;
Series 2003, RB ^(c)(e)	5.00%		10/01/13		8,000		8,128,800
Series 2003, RB	5.00%		10/01/23		6,000		6,091,620
							19,640,548

Hawaii–0.85%

Hawaii (State of) Department of Budget & Finance (Hawaii Pacific Health Obligated Group); Series 2010 B, Special Purpose RB	5.75%		07/01/40		1,630		1,813,408
Hawaii (State of); Series 2010 A, Airport System RB	5.00%		07/01/39		4,100		4,433,330
							6,246,738

Idaho–0.72%

Idaho (State of) Housing & Finance Association (Federal Highway Trust Fund); Series 2008 A, Grant & RAB (INS-AGC) ^(a)	5.25%		07/15/23		2,600		3,007,888
Idaho (State of) Housing & Finance Association; Series 2000 E, Single Family Mortgage RB ^(f)	6.00%		01/01/32		540		540,929

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Idaho–(continued)

Regents of the University of Idaho; Series 2011, Ref. General RB ^(c)	5.25%		04/01/21	$	1,465	$	1,706,915
							5,255,732

Illinois–17.72%

Chicago (City of) (O’Hare International Airport);
Series 2003 B-2, Third Lien General Airport RB (INS-AGM) ^(a)(f)	5.75%		01/01/23		6,000		6,173,700
Series 2005 A, Third Lien General Airport RB (INS-NATL) ^(a)	5.25%		01/01/26		3,000		3,262,830
Chicago (City of) Board of Education;
Series 2011 A, Unlimited Tax GO Bonds ^(b)	5.00%		12/01/41		5,730		6,035,982
Series 2012 A, Unlimited Tax GO Bonds	5.00%		12/01/42		2,720		2,861,794
Series 2013 A3, Ref. Floating Rate Unlimited Tax GO Bonds ⁽ⁱ⁾	0.95%		03/01/36		1,000		1,000,000
Chicago (City of) Park District; Series 2004 A, Limited Tax GO Bonds (INS-AMBAC) ^(a)	5.00%		01/01/27		3,600		3,742,812
Chicago (City of) Transit Authority (FTA Section 5309 Fixed Guideway Modernization Formula Funds);
Series 2008, Capital Grant Receipts RB (INS-AGC) ^(a)	5.25%		06/01/23		1,070		1,202,680
Series 2008, Capital Grant Receipts RB (INS-AGC) ^(a)	5.25%		06/01/24		1,035		1,153,953
Chicago (City of) Transit Authority;
Series 2011, Sales Tax Receipts RB ^(b)	5.25%		12/01/36		5,000		5,597,550
Series 2011, Sales Tax Receipts RB ^(b)	5.25%		12/01/36		3,970		4,444,455
Chicago (City of);
Series 2007 A, Ref. Project Unlimited Tax GO Bonds (INS-AGM) ^(a)(b)(j)	5.00%		01/01/37		16,310		17,023,236
Series 2012 A, Unlimited Tax GO Bonds	5.00%		01/01/33		3,300		3,578,817
Cook (County of) Forest Preserve District;
Series 2012 B, Ref. Limited Tax GO Bonds ^(b)	5.00%		12/15/32		2,540		2,840,330
Series 2012 B, Ref. Limited Tax GO Bonds ^(b)	5.00%		12/15/37		2,540		2,819,502
Cook (County of); Series 2012 C, Ref. Unlimited Tax GO Bonds	5.00%		11/15/29		1,950		2,202,973
DeKalb County Community Unit School District No. 428; Series 2008, Unlimited Tax GO Bonds (INS-AGM) ^(a)	5.00%		01/01/23		1,435		1,645,328
Illinois (State of) Finance Authority (Little Company of Mary Hospital & Health Care Centers); Series 2010, RB	5.38%		08/15/40		2,875		3,092,091
Illinois (State of) Finance Authority (Northwestern Memorial Hospital);
Series 2009 B, RB	5.00%		08/15/16		830		938,697
Series 2009 B, RB	5.38%		08/15/24		1,900		2,232,519
Illinois (State of) Finance Authority (OSF Healthcare System); Series 2010 A, Ref. RB	6.00%		05/15/39		2,620		2,994,293
Illinois (State of) Finance Authority (Resurrection Health Care Corp.); Series 2009, Ref. RB	6.13%		05/15/25		3,505		4,021,567
Illinois (State of) Finance Authority (Rush University Medical Center Obligated Group); Series 2009 A, RB	7.25%		11/01/38		1,460		1,803,669
Illinois (State of) Finance Authority (Swedish Covenant Hospital);
Series 2010 A, Ref. RB	5.75%		08/15/29		5,020		5,624,308
Series 2010 A, Ref. RB	6.00%		08/15/38		2,620		2,931,073
Illinois (State of) Finance Authority (The University of Chicago Medical Center); Series 2011 C, RB ^(b)	5.50%		08/15/41		1,440		1,596,528
Illinois (State of) Finance Authority (University of Chicago); Series 2013 A, RB ^(b)	5.25%		10/01/52		3,390		3,800,360
Illinois (State of) Metropolitan Pier & Exposition Authority (McCormick Place Expansion);
Series 2002 A, Conv. CAB RB (INS-NATL) ^(a)(h)	5.75%		06/15/26		8,480		7,765,475
Series 2010 A, RB	5.50%		06/15/50		2,300		2,528,298
Series 2012 B, RB ^(b)	5.00%		12/15/28		5,565		6,338,758
Illinois (State of) Toll Highway Authority; Series 2013 A, RB ^(b)	5.00%		01/01/38		10,050		11,065,955
Railsplitter Tobacco Settlement Authority; Series 2010, RB	5.50%		06/01/23		4,275		5,114,695
Schaumburg (Village of); Series 2004 B, Unlimited Tax GO Bonds ^(c)(e)	5.25%		12/01/14		2,000		2,148,360
							129,582,588

Indiana–3.07%

Indiana (State of) Finance Authority (Clarion Health Obligated Group); Series 2006 A, Hospital RB	5.25%		02/15/40		3,595		3,876,309
Indiana (State of) Finance Authority (CWA Authority); Series 2011 B, Second Lien Wastewater Utility RB	5.25%		10/01/31		3,000		3,363,810

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Indiana–(continued)

Indiana (State of) Finance Authority (Ohio River Bridges East End Crossing);
Series 2013, Private Activity RB ^(f)	5.00%		07/01/40	$	1,935	$	2,017,450
Series 2013, Private Activity RB ^(f)	5.00%		07/01/44		775		804,830
Indianapolis Local Public Improvement Bond Bank;
Series 2011 K, RB	5.00%		06/01/27		3,000		3,326,370
Series 2013 F, RB ^(b)	5.00%		02/01/30		4,500		5,114,565
Lake Central Multi-District School Building Corp.; Series 2012 B, First Mortgage RB	5.00%		07/15/32		1,735		1,974,100
Rockport (City of) (Indiana Michigan Power Co.); Series 2009 B, Ref. PCR ^(c)	6.25%		06/02/14		1,860		1,960,403
							22,437,837

Iowa–2.19%

Coralville (City of); Series 2006 D, COP	5.25%		06/01/26		2,200		2,263,844
Iowa (State of) (IJOBS Program);
Series 2009 A, Special Obligation RB ^(b)(j)	5.00%		06/01/25		4,795		5,646,544
Series 2009 A, Special Obligation RB ^(b)(j)	5.00%		06/01/26		3,595		4,160,529
Iowa (State of) Finance Authority (Alcoa Inc.); Series 2012, Midwestern Disaster Area RB	4.75%		08/01/42		1,800		1,712,646
Iowa (State of) Finance Authority (Mercy Medical Center);
Series 2012, Health Facilities RB	4.00%		08/15/32		1,260		1,261,386
Series 2012, Health Facilities RB	4.00%		08/15/33		1,000		999,260
							16,044,209

Kansas–0.26%

Kansas (State of) Development Finance Authority (Adventist Health System/Sunbelt Obligated Group); Series 2009 C, Hospital RB	5.50%		11/15/29		1,655		1,905,071

Kentucky–1.14%

Kentucky (State of) Economic Development Finance Authority (Owensboro Medical Health System, Inc.);
Series 2010 A, Hospital RB	6.38%		06/01/40		1,625		1,889,290
Series 2010 A, Hospital RB	6.50%		03/01/45		2,050		2,396,327
Kentucky (State of) Turnpike Authority (Revitalization); Series 2012 A, Economic Development Road RB	5.00%		07/01/31		1,600		1,845,184
Warren (County of) (Bowling Green-Warren County Community Hospital Corp.); Series 2013, Ref. Hospital RB	5.00%		04/01/35		2,000		2,168,800
							8,299,601

Louisiana–0.70%

Lafayette (City of) Public Trust Financing Authority (Ragin’ Cajun Facilities, Inc. - Housing & Parking); Series 2010, RB (INS-AGM) ^(a)	5.25%		10/01/30		2,450		2,732,632
St. John the Baptist (Parish of) (Marathon Oil Corp.); Series 2007 A, RB	5.13%		06/01/37		2,265		2,390,889
							5,123,521

Maine–0.72%

Maine (State of) Health & Higher Educational Facilities Authority (Eastern Maine Medical Center Obligated Group); Series 2013, RB	5.00%		07/01/43		2,750		2,923,415
Maine (State of) Turnpike Authority; Series 2012 A, RB	5.00%		07/01/37		2,100		2,354,520
							5,277,935

Maryland–1.36%

Baltimore (County of) (Oak Crest Village Inc. Facility); Series 2007 A, RB	5.00%		01/01/37		2,495		2,593,078
Maryland (State of) Health & Higher Educational Facilities Authority (Frederick Memorial Hospital); Series 2012 A, RB	4.00%		07/01/38		1,500		1,439,085
Maryland (State of) Health & Higher Educational Facilities Authority (MedStar Health); Series 2004, Ref. RB	5.38%		08/15/24		3,000		3,140,370
Maryland Economic Development Corp. (Terminal); Series 2010 B, RB	5.75%		06/01/35		2,440		2,762,861
							9,935,394

Massachusetts–4.60%

Massachusetts (State of) Department of Transportation (Contract Assistance); Series 2010 B, Metropolitan Highway Systems RB	5.00%		01/01/35		2,010		2,224,688

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Massachusetts–(continued)

Massachusetts (State of) Development Finance Agency (Berklee College of Music); Series 2007 A, RB	5.00%		10/01/32	$	2,350	$	2,597,925
Massachusetts (State of) Development Finance Agency (Harvard University); Series 2009 A, RB ^(b)	5.50%		11/15/36		9,565		11,342,081
Massachusetts (State of) Development Finance Agency (Massachusetts Institute of Technology); Series 2009 O, RB ^(b)	5.50%		07/01/36		3,100		3,633,386
Massachusetts (State of) Development Finance Agency (Partners Healthcare); Series 2012 L, RB	5.00%		07/01/31		5,620		6,384,657
Massachusetts (State of) Development Finance Agency (Tufts Medical Center); Series 2011 I, RB	6.75%		01/01/36		1,225		1,466,019
Massachusetts (State of) School Building Authority; Series 2011 B, Sr. Dedicated Sales Tax RB ^(b)	5.00%		10/15/35		5,325		6,005,162
							33,653,918

Michigan–0.81%

Lansing (City of) Board of Water & Light; Series 2011 A, Utility System RB	5.00%		07/01/37		3,400		3,790,490
Wayne State University Board of Governors; Series 2008, Ref. General RB (INS-AGM) ^(a)	5.00%		11/15/25		1,855		2,119,393
							5,909,883

Missouri–0.75%

Fenton (City of) (Gravois Bluffs Redevelopment); Series 2006, Ref. Tax Increment Allocation RB	4.50%		04/01/21		170		172,281
Kansas City (City of) Industrial Development Authority (Downtown Redevelopment District);
Series 2011 A, Ref. RB	5.50%		09/01/27		995		1,141,205
Series 2011 A, Ref. RB	5.50%		09/01/28		1,970		2,235,753
Missouri (State of) Health & Educational Facilities Authority (Lutheran Senior Services); Series 2005 A, Senior Living Facilities RB	5.38%		02/01/35		1,875		1,920,788
							5,470,027

Montana–0.55%

Forsyth (City of) (Portland General Electric Co.); Series 1998 A, Ref. PCR	5.00%		05/01/33		3,600		4,037,004

Nebraska–1.11%

Lincoln (County of) Hospital Authority No. 1 (Great Plains Regional Medical Center); Series 2012, Ref. RB	5.00%		11/01/32		2,500		2,711,475
Omaha (City of) Public Power District; Series 2011 B, RB ^(b)	5.00%		02/01/36		4,800		5,402,208
							8,113,683

Nevada–2.55%

Clark (County of) (Las Vegas-McCarran International Airport); Series 2010 A, Passenger Facility Charge RB	5.13%		07/01/34		1,500		1,651,905
Clark (County of);
Series 2003 C, Jet Aviation Fuel Tax Airport System RB ^(c)(e)(f)	5.38%		07/01/13		1,000		1,004,030
Series 2003 C, Jet Aviation Fuel Tax Airport System RB ^(c)(e)(f)	5.38%		07/01/13		1,100		1,104,433
Series 2003 C, Jet Aviation Fuel Tax Airport System RB ^(c)(e)(f)	5.38%		07/01/13		2,000		2,008,060
Series 2004 A-1, Sub. Lien Airport System RB (INS-NATL) ^(a)(f)	5.50%		07/01/20		5,000		5,239,850
Series 2004 A-1, Sub. Lien Airport System RB (INS-NATL) ^(a)(f)	5.50%		07/01/22		2,000		2,090,400
Series 2013 A, Ref. Jet Aviation Fuel Tax Airport System RB ^(f)	5.00%		07/01/28		2,000		2,200,480
Las Vegas (City of) Redevelopment Agency; Series 2009 A, Tax Increment Allocation RB	6.25%		06/15/16		1,450		1,563,549
Nevada (State of); Series 2008 C, Capital Improvement & Cultural Affairs Limited Tax GO Bonds (INS-AGM) ^(a)(b)	5.00%		06/01/26		1,600		1,815,488
							18,678,195

New Jersey–6.48%

New Jersey (State of) Economic Development Authority (Provident Group-Montclair Properties LLC-Montclair State University Student Housing); Series 2010 A, RB	5.75%		06/01/31		1,990		2,233,695
New Jersey (State of) Economic Development Authority; Subseries 2005 N-1, Ref. School Facilities Construction RB (INS-AMBAC) ^(a)	5.50%		09/01/24		2,000		2,500,740

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

New Jersey–(continued)

New Jersey (State of) Transportation Trust Fund Authority;
Series 1999 A, Transportation System RB	5.75%		06/15/20	$	5,000	$	6,187,600
Series 2006 C, Transportation System CAB RB (INS-AGC) ^(a)(d)	0.00%		12/15/26		8,435		4,905,037
Series 2012 A, Transportation System RB	5.00%		06/15/42		3,100		3,341,707
Series 2012 AA, Transportation Program RB	5.00%		06/15/38		1,750		1,907,255
New Jersey (State of) Turnpike Authority;
Series 2003 A, RB ^(c)(e)	5.00%		07/01/13		1,500		1,505,910
Series 2003 A, RB ^(c)(e)	5.00%		07/01/13		1,750		1,756,895
Series 2013 A, RB	5.00%		01/01/38		2,175		2,362,529
New Jersey (State of); Series 2001 H, Ref. Unlimited Tax GO Bonds	5.25%		07/01/19		6,900		8,426,073
Passaic Valley Sewage Commissioners; Series 2003 F, Sewer System RB (INS-NATL) ^(a)	5.00%		12/01/20		10,000		10,193,200
University of Medicine & Dentistry of New Jersey; Series 2004, COP ^(c)(e)	5.25%		06/15/14		2,000		2,043,880
							47,364,521

New Mexico–0.69%

Farmington (City of) (Public Service Co. of New Mexico San Juan); Series 2010 C, Ref. PCR	5.90%		06/01/40		2,650		2,956,499
New Mexico (State of) Finance Authority; Series 2008 A, Sr. Lien Public Revolving Fund RB	5.00%		06/01/27		1,860		2,098,638
							5,055,137

New York–12.98%

Brooklyn Arena Local Development Corp. (Barclays Center);
Series 2009, PILOT RB	6.25%		07/15/40		1,740		2,025,029
Series 2009, PILOT RB	6.38%		07/15/43		720		841,378
Long Island Power Authority; Series 2004 A, Electrical System General RB (INS-AMBAC) ^(a)	5.00%		09/01/34		1,500		1,561,275
Metropolitan Transportation Authority; Series 2003 B, RB (INS-NATL) ^(a)	5.25%		11/15/22		5,000		5,110,900
New York (City of) Municipal Water Finance Authority; Series 2010 FF, Second General Resolution Water & Sewer System RB	5.00%		06/15/31		2,400		2,700,408
New York (City of) Transitional Finance Authority;
Subseries 2009 A-1, Future Tax Sec. RB ^(b)	5.00%		05/01/28		4,615		5,385,797
Subseries 2009 A-1, Future Tax Sec. RB ^(b)	5.00%		05/01/29		3,695		4,342,807
Subseries 2009 A-1, Future Tax Sec. RB ^(b)	5.00%		05/01/30		3,695		4,242,747
Subseries 2011 D-1, Future Tax Sec. RB ^(b)	5.00%		11/01/33		1,725		1,957,237
Subseries 2012 E-1, Future Tax Sec. RB ^(b)	5.00%		02/01/42		8,690		9,632,778
New York (City of) Trust for Cultural Resources (Museum of Modern Art);
Series 2008 1A, Ref. RB ^(b)	5.00%		04/01/26		5,635		6,532,374
Series 2008 1A, Ref. RB ^(b)	5.00%		04/01/27		4,765		5,520,538
New York (City of);
Subseries 2008 A-1, Unlimited Tax GO Bonds ^(b)	5.25%		08/15/27		5,200		6,077,344
Subseries 2008 A-1, Unlimited Tax GO Bonds ^(b)	5.25%		08/15/28		5,200		6,066,112
New York (State of) Dormitory Authority (City of New York); Series 2005 A, Court Facilities Lease RB (INS-AMBAC) ^(a)	5.50%		05/15/29		1,805		2,293,198
New York (State of) Dormitory Authority (General Purpose); Series 2011 A, State Personal Income Tax RB ^(b)	5.00%		03/15/30		5,805		6,577,820
New York (State of) Dormitory Authority; Series 2007 A, Mental Health Services Facilities Improvement RB (INS-AGM) ^(a)	5.00%		02/15/27		1,500		1,675,005
New York (State of) Energy Research & Development Authority (Brooklyn Union Gas Co.); Series 1991 B, Gas Facilities Residual Interest RB ^(f)(k)	13.46%		07/01/26		1,700		1,716,218
New York (State of) Thruway Authority (Transportation); Series 2009 A, Personal Income Tax RB	5.00%		03/15/25		1,310		1,542,158
New York (State of) Thruway Authority; Series 2011 A-1, Second General Highway & Bridge Trust Fund RB ^(b)	5.00%		04/01/29		4,860		5,546,621
New York Liberty Development Corp. (7 World Trade Center);
Series 2012, Class 1, Ref. Liberty RB ^(b)	5.00%		09/15/40		5,100		5,688,540
Series 2012, Class 2, Ref. Liberty RB	5.00%		09/15/43		1,770		1,900,644
Tobacco Settlement Financing Corp.; Series 2003 B-1C, Asset-Backed RB	5.50%		06/01/21		6,000		6,000,000
							94,936,928

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

North Carolina–3.95%

Charlotte (City of) (Cultural Arts Facilities); Series 2009 E, Ref. COP ^(b)	5.00%		06/01/39	$	13,600	$	14,539,760
North Carolina (State of) Eastern Municipal Power Agency; Series 2009 B, Power System RB	5.00%		01/01/26		1,525		1,699,353
North Carolina (State of) Medical Care Commission (Duke University Health System); Series 2012 A, Health Care Facilities RB ^(b)	5.00%		06/01/42		5,110		5,670,312
North Carolina (State of) Medical Care Commission (Salemtowne); Series 2006, Ref. First Mortgage Health Care Facilities RB	5.10%		10/01/30		1,100		1,112,881
North Carolina (State of) Turnpike Authority;
Series 2011, Monroe Connector System State Appropriation RB ^(b)	5.00%		07/01/36		1,755		1,957,860
Series 2011, Monroe Connector System State Appropriation RB ^(b)	5.00%		07/01/41		2,430		2,674,750
University of North Carolina at Chapel Hill; Series 2003, General RB ^(c)(e)	5.00%		12/01/13		1,200		1,228,620
							28,883,536

North Dakota–0.38%

Ward (County of) (Trinity Obligated Group); Series 2006, Health Care Facilities RB	5.13%		07/01/29		2,750		2,812,755

Ohio–5.45%

Allen (County of) (Catholic Health Partners); Series 2012 A, Ref. Hospital Facilities RB	5.00%		05/01/42		3,445		3,726,629
American Municipal Power, Inc. (Prairie State Energy Campus); Series 2008 A, RB (INS-AGC) ^(a)(b)	5.25%		02/15/33		9,100		10,203,557
Cuyahoga (County of) (Cleveland Clinic Health System Obligated Group); Series 2003, RB ^(c)(e)	6.00%		07/01/13		5,080		5,104,485
Franklin (County of) (First Community Village Obligated Group); Series 2013, Ref. Health Care Facilities RB	5.25%		07/01/33		2,000		1,967,020
Franklin (County of) (OhioHealth Corp.); Series 2011 A, Hospital Facilities RB ^(b)	5.00%		11/15/36		3,390		3,729,373
Hamilton (County of) (Christ Hospital); Series 2012, Health Care Facilities RB	5.50%		06/01/42		3,000		3,333,720
Hancock (County of) (Blanchard Valley Regional Health Center); Series 2011 A, Hospital Facilities RB	6.25%		12/01/34		2,470		2,888,739
Muskingum (County of) (Genesis Healthcare System); Series 2013, Hospital Facilities RB	5.00%		02/15/44		2,500		2,461,225
Ohio (State of) Higher Educational Facility Commission (Summa Health System); Series 2010, Hospital Facilities RB	5.75%		11/15/40		4,835		5,386,142
Ohio (State of) Water Development Authority (FirstEnergy Nuclear Generation Corp.); Series 2009 A, Ref. PCR ^(c)	5.88%		06/01/16		930		1,035,574
							39,836,464

Oklahoma–0.21%

Oklahoma (State of) Development Finance Authority (Great Plains Regional Medical Center); Series 2007, Hospital RB	5.13%		12/01/36		1,500		1,502,085

Oregon–0.49%

Oregon (State of) Department of Administrative Services; Series 2009 A, Lottery RB	5.25%		04/01/24		685		800,916
Warm Springs Reservation Confederated Tribes of Oregon (Pelton Round Butte); Series 2009 B, Tribal Economic Development Hydroelectric RB ^(g)	6.38%		11/01/33		2,465		2,815,794
							3,616,710

Pennsylvania–1.58%

Pennsylvania (State of) Turnpike Commission;
Series 2004 A, RB (INS-AMBAC) ^(a)	5.00%		12/01/34		5,000		5,253,300
Subseries 2010 B-2, Sub. Conv. CAB RB ^(h)	5.75%		12/01/28		2,850		2,813,748
Subseries 2010 B-2, Sub. Conv. CAB RB ^(h)	6.00%		12/01/34		1,750		1,709,347
Philadelphia School District; Series 2008 E, Limited Tax GO Bonds (INS-BHAC) ^(a)	5.13%		09/01/23		1,500		1,745,505
							11,521,900

Puerto Rico–2.65%

Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; Series 2012 A, Sr. Lien RB	5.00%		07/01/33		2,370		2,258,729
Puerto Rico (Commonwealth of) Electric Power Authority;
Series 2010 CCC, RB	5.25%		07/01/27		1,300		1,318,356
Series 2010 XX, RB	5.25%		07/01/40		2,400		2,391,288
Series 2012 A, RB	5.00%		07/01/42		3,105		2,974,155

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Puerto Rico–(continued)

Puerto Rico Sales Tax Financing Corp.;
First Subseries 2010 A, RB	5.38%		08/01/39	$	2,125	$	2,232,801
First Subseries 2010 A, RB	5.50%		08/01/42		2,900		3,066,083
First Subseries 2010 C, RB	5.25%		08/01/41		4,950		5,164,187
							19,405,599

Rhode Island–0.21%

Rhode Island Economic Development Corp.; Series 2004 A, Ref. Airport RB (INS-AGM) ^(a)(f)	5.00%		07/01/21		1,500		1,568,895

South Carolina–2.32%

Charleston Educational Excellence Finance Corp. (Charleston County School District); Series 2005, Installment Purchase RB ^(c)(e)	5.25%		12/01/15		8,000		8,952,800
South Carolina (State of) Public Service Authority;
Series 2003 A, Ref. RB (INS-AMBAC) ^(a)	5.00%		01/01/22		5,290		5,310,049
Series 2003 A, Ref. RB (INS-AMBAC) ^(a)	5.00%		01/01/27		2,655		2,664,266
							16,927,115

Texas–18.31%

Alamo Community College District; Series 2012, Ref. Limited Tax GO Bonds ^(b)	5.00%		08/15/34		5,105		5,838,997
Alliance Airport Authority, Inc. (Federal Express Corp.); Series 2006, Ref. Special Facilities RB ^(f)	4.85%		04/01/21		6,000		6,389,160
Arlington (City of); Series 2009, Special Tax RB	5.00%		08/15/28		4,000		4,356,240
Austin (City of);
Series 2012, Ref. Electric Utility System RB	5.00%		11/15/37		1,470		1,649,325
Series 2012, Ref. Electric Utility System RB	5.00%		11/15/40		1,680		1,864,918
Bexar (County of); Series 2009 A, Flood Control Limited Tax Ctfs. of Obligation	5.00%		06/15/35		2,500		2,869,500
Bexar County Health Facilities Development Corp. (Army Retirement Residence); Series 2010, RB	6.20%		07/01/45		2,225		2,487,172
Central Texas Regional Mobility Authority; Series 2013 A, Ref. Sr. Lien RB	5.00%		01/01/43		1,500		1,604,820
Dallas Area Rapid Transit; Series 2012, Ref. Sr. Lien Sales Tax RB	5.00%		12/01/42		1,800		2,039,166
Dallas-Fort Worth (Cities of) International Airport;
Series 2003 A, Joint RB (INS-AGM) ^(a)(f)	5.38%		11/01/22		3,000		3,058,080
Series 2012 G, Ref. RB	5.00%		11/01/34		3,000		3,255,900
Series 2013 B, Joint Improvement RB	5.00%		11/01/38		1,825		1,960,306
Friendswood Independent School District; Series 2008, Schoolhouse Unlimited Tax GO Bonds (CEP-Texas Permanent School Fund)	5.00%		02/15/25		1,130		1,302,212
Harris (County of); Series 2007 C, Ref. Sub. Lien Toll Road Unlimited Tax GO Bonds (INS-AGM) ^(a)	5.25%		08/15/31		5,395		6,745,422
Harris County Industrial Development Corp. (Deer Park Refining Limited Partnership); Series 2006, Solid Waste Disposal RB	5.00%		02/01/23		1,300		1,433,133
Houston (City of) Convention & Entertainment Facilities Department; Series 2001 B, Hotel Occupancy Tax & Special CAB RB (INS-AGM) ^(a)(d)	0.00%		09/01/25		4,650		2,843,661
Houston (City of);
Series 2004 A, Ref. First Lien Combined Utility System RB (INS-NATL) ^(a)	5.25%		05/15/23		8,300		8,676,737
Series 2004 A, Ref. First Lien Combined Utility System RB (INS-NATL) ^(a)	5.25%		05/15/25		9,500		9,923,605
Series 2009 A, Ref. Public Improvement Limited Tax GO Bonds	5.00%		03/01/27		2,000		2,311,480
Series 2011 D, First Lien Combined Utility System RB ^(b)	5.00%		11/15/33		2,700		3,060,720
Series 2011 D, First Lien Combined Utility System RB ^(b)	5.00%		11/15/36		4,005		4,477,109
Houston Community College System; Series 2008, Sr. Lien Student Fee RB (INS-AGM) ^(a)	5.00%		04/15/23		420		485,696
Lower Colorado River Authority (LCRA Transmissions Services Corp.); Series 2011 A, Ref. RB	5.00%		05/15/41		2,250		2,439,472
Lower Colorado River Authority;
Series 2010 A, Ref. RB	5.00%		05/15/40		1,700		1,834,946
Series 2012 B, Ref. RB	5.00%		05/15/32		2,075		2,313,335
Series 2012 B, Ref. RB	5.00%		05/15/37		2,900		3,174,688
North Texas Tollway Authority;
Series 2008 D, Ref. First Tier System CAB RB (INS-AGC) ^(a)(d)	0.00%		01/01/28		18,900		10,615,374
Series 2008 D, Ref. First Tier System CAB RB (INS-AGC) ^(a)(d)	0.00%		01/01/31		3,740		1,793,068
Tarrant County Cultural Education Facilities Finance Corp. (Air Force Village Obligated Group); Series 2007, Retirement Facilities RB	5.13%		05/15/37		925		940,189

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Texas–(continued)

Texas (State of) Transportation Commission; Series 2012 A, Ref. First Tier Turnpike System RB	5.00%		08/15/41	$	6,000	$	6,403,140
Texas A&M University System Board of Regents;
Series 2009 A, Financing System RB	5.00%		05/15/25		890		1,051,188
Series 2009 A, Financing System RB	5.00%		05/15/26		2,500		2,952,775
Texas Municipal Gas Acquisition & Supply Corp. III;
Series 2012, Gas Supply RB	5.00%		12/15/22		2,000		2,262,300
Series 2012, Gas Supply RB	5.00%		12/15/30		1,195		1,270,978
Series 2012, Gas Supply RB	5.00%		12/15/31		1,195		1,268,086
Series 2012, Gas Supply RB	5.00%		12/15/32		1,200		1,270,488
Texas Private Activity Bond Surface Transportation Corp. (NTE Mobility Partners LLC North Tarrant Express Management Lanes); Series 2009, Sr. Lien RB	6.88%		12/31/39		1,945		2,321,610
University of Houston; Series 2008, Ref. Consolidated RB (INS-AGM) ^(a)(b)	5.00%		02/15/33		9,100		10,171,798
West Harris County Regional Water Authority; Series 2005, Water System RB (INS-AGM) ^(a)	5.00%		12/15/24		3,000		3,178,530
							133,895,324

Utah–0.98%

Salt Lake City (City of) (IHC Hospitals, Inc.); Series 1991, Ref. Hospital RB ^(e)(k)	13.10%		05/15/20		2,200		2,223,716
Utah (State of) Transit Authority; Series 2012, Ref. Sales Tax RB	5.00%		06/15/42		4,500		4,936,860
							7,160,576

Vermont–0.35%

Vermont (State of) Economic Development Authority (Wake Robin Corp.); Series 2006 A, Mortgage RB	5.38%		05/01/36		2,500		2,538,750

Virgin Islands–0.37%

Virgin Islands (Government of) Public Finance Authority (Matching Fund Loan Note); Series 2010 A, Sr. Lien RB	5.00%		10/01/25		2,400		2,671,152

Virginia–2.51%

Fairfax (County of) Economic Development Authority (Goodwin House Inc.); Series 2007, Residential Care Facilities Mortgage RB	5.13%		10/01/37		1,750		1,827,875
Fairfax (County of) Industrial Development Authority (INOVA Health System); Series 1993, Ref. RB	5.25%		08/15/19		9,000		10,514,430
Route 460 Funding Corp.; Series 2012 A, Sr. Lien Toll Road RB	5.13%		07/01/49		1,150		1,208,535
Virginia (State of) Small Business Financing Authority (Elizabeth River Crossings Opco, LLC); Series 2012, Sr. Lien RB ^(f)	5.50%		01/01/42		1,815		1,946,243
Virginia (State of) Small Business Financing Authority (Express Lanes, LLC); Series 2012, Sr. Lien RB ^(f)	5.00%		01/01/40		2,800		2,890,608
							18,387,691

Washington–4.75%

Chelan (County of) Public Utility District No. 1; Series 2011 A, Ref. Consolidated RB ^(f)	5.50%		07/01/25		925		1,086,616
Grant (County of) Public Utility District No. 2; Series 2005 A, Ref. Wanapum Hydro Electric RB (INS-NATL) ^(a)	5.00%		01/01/34		1,705		1,784,436
Lewis (County of) Public Utility District No. 1 (Cowlitz Falls Hydroelectric); Series 2003, Ref. RB ^(c)(e)	5.00%		10/01/13		1,000		1,015,470
Seattle (Port of); Series 2012 A, Ref. Intermediate Lien RB	5.00%		08/01/31		2,700		3,079,890
Spokane County School District No. 81; Series 2005, Unlimited Tax GO Bonds ^(c)(e)	5.13%		06/01/15		2,500		2,735,425
Washington (State of) Health Care Facilities Authority (Catholic Health Initiatives); Series 2011 A, RB ^(b)	5.00%		02/01/41		3,000		3,238,380
Washington (State of) Health Care Facilities Authority (Providence Health); Series 2006 C, RB (INS-AGM) ^(a)	5.25%		10/01/33		1,500		1,625,430
Washington (State of);
Series 2010 A, Various Purpose Unlimited Tax GO Bonds ^(b)	5.00%		08/01/29		8,420		9,845,422
Series 2010 A, Various Purpose Unlimited Tax GO Bonds ^(b)	5.00%		08/01/30		8,850		10,340,960
							34,752,029

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust


	Interest Rate	Maturity Date		Principal Amount (000)		Value

Wisconsin–1.05%

Wisconsin (State of) Health & Educational Facilities Authority (Mercy Alliance); Series 2012, RB	5.00%		06/01/39	$	5,000	$	5,306,850
Wisconsin (State of); Series 2009 A, General Fund Annual Appropriation RB	5.63%		05/01/28		2,000		2,384,760
							7,691,610
TOTAL INVESTMENTS^(l)–156.62% (Cost $1,060,777,679)							1,145,099,486

FLOATING RATE NOTE OBLIGATIONS–(28.37)%

Notes with interest rates ranging from 0.09% to 0.27% at 05/31/13 and contractual maturities of collateral ranging from 06/01/25 to 10/01/52 (See Note 1D)^(m)							(207,435,000	)
OTHER ASSETS LESS LIABILITIES–1.01%							7,370,451
VARIABLE RATE MUNI TERM PREFERRED SHARES–(29.26)%							(213,900,000	)
NET ASSETS APPLICABLE TO COMMON SHARES–100.00%						$	731,134,937

Investment Abbreviations:


AGC		—Assured Guaranty Corp.

AGM		—Assured Guaranty Municipal Corp.

AMBAC		—American Municipal Bond Assurance Corp.

BAN		—Bond Anticipation Notes

BHAC		—Berkshire Hathaway Assurance Corp.

CAB		—Capital Appreciation Bonds

CEP		—Credit Enhancement Provider

Conv.		—Convertible

COP		—Certificates of Participation

Ctfs.		—Certificates

FTA		—Federal Transit Administration

GO		—General Obligation

IDR		—Industrial Development Revenue Bonds

INS		—Insurer

NATL		—National Public Finance Guarantee Corp.

PCR		—Pollution Control Revenue Bonds

PILOT		—Payment-in-Lieu-of-Tax

RAB		—Revenue Anticipation Bonds

RB		—Revenue Bonds

Ref.		—Refunding

Sec.		—Secured

SGI		—Syncora Guarantee, Inc.

Sr.		—Senior

Sub.		—Subordinated

Notes to Schedule of Investments:

^*	Calculated as a percentage of net assets. Amounts in excess of 100% are due to the Trust’s use of leverage.

^(a)	Principal and/or interest payments are secured by the bond insurance company listed.

^(b)	Underlying security related to Dealer Trusts entered into by the Trust. See Note 1D.

^(c)	Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

^(d)	Zero coupon bond issued at a discount.

^(e)	Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

^(f)	Security subject to the alternative minimum tax.

^(g)

Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2013 was $7,532,924, which represented 1.03% of the Trust’s Net Assets.

^(h)	Convertible CAB. The interest rate shown represents the coupon rate at which the bond will accrue at a specified future date.

⁽ⁱ⁾	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2013.

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust

^(j)

Security is subject to a shortfall agreement which may require the Trust to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the Dealer Trusts. In case of a shortfall, the maximum potential amount of payments the Trust could ultimately be required to make under the agreement is $16,525,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the Dealer Trusts.

^(k)	Current coupon rate for an inverse floating rate municipal obligation. This rate resets periodically as the rate on the related security changes. Positions in an inverse floating rate municipal obligation have a total value of $3,939,934 which represents less than 1% of the Trust’s Net Assets.

^(l)

This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations.


Entities		Percentage
Assured Guaranty Municipal Corp.		8.4%
National Public Finance Guarantee Corp.		6.8

^(m)

Floating rate note obligations related to securities held. The interest rates shown reflect the rates in effect at May 31, 2013. At May 31, 2013, the Trust’s investments with a value of $357,191,002 are held by Dealer Trusts and serve as collateral for the $207,435,000 in the floating rate note obligations outstanding at that date.

See accompanying notes which are an integral part of this schedule.

Invesco Quality Municipal Income Trust

Notes to Quarterly Schedule of Portfolio Holdings

May 31, 2013

(Unaudited)

NOTE 1 -- Significant Accounting Policies

A.	Security Valuations – Securities, including restricted securities, are valued according to the following policy.

Securities are fair valued using an evaluated quote provided by an independent pricing service approved by the Board of Trustees. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate (for unlisted equities), yield (for debt obligations), quality, type of issue, coupon rate (for debt obligations), maturity (for debt obligations), individual trading characteristics and other market data. Debt obligations are subject to interest rate and credit risks. In addition, all debt obligations involve some risk of default with respect to interest and/or principal payments.

Securities for which market quotations either are not readily available or became unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust’s officers following procedures approved by the Board of Trustees. Some of the factors which may be considered in determining fair value are fundamental analytical data relating to the investment; the nature and duration of any restrictions on transferability or disposition; trading in similar securities by the same issuer or comparable companies; relevant political, economic or issuer specific news; and other relevant factors under the circumstances.

Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer’s assets, general economic conditions, interest rates, investor perceptions and market liquidity. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

Securities Transactions and Investment Income – Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date. Bond premiums and discounts are amortized and/or accreted for financial reporting purposes.

The Trust may periodically participate in litigation related to Trust investments. As such, the Trust may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain (loss) for investments no longer held and as unrealized gain (loss) for investments still held.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized and unrealized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Trust’s net asset value and, accordingly, they reduce the Trust’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Trust and the investment adviser.

Country Determination – For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer’s securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

Invesco Quality Municipal Income Trust

Floating Rate Note Obligations – The Trust invests in inverse floating rate securities, such as Residual Interest Bonds (“RIBs”) or Tender Option Bonds (“TOBs”) for investment purposes and to enhance the yield of the Trust. Inverse floating rate investments tend to underperform the market for fixed rate bonds in a rising interest rate environment, but tend to outperform the market for fixed rate bonds when interest rates decline or remain relatively stable. Such transactions may be purchased in the secondary market without first owning the underlying bond or by the sale of fixed rate bonds by the Trust to special purpose trusts established by a broker dealer (“Dealer Trusts”) in exchange for cash and residual interests in the Dealer Trusts’ assets and cash flows, which are in the form of inverse floating rate securities. The Dealer Trusts finance the purchases of the fixed rate bonds by issuing floating rate notes to third parties and allowing the Trust to retain residual interests in the bonds. The floating rate notes issued by the Dealer Trusts have interest rates that reset weekly and the floating rate note holders have the option to tender their notes to the Dealer Trusts for redemption at par at each reset date. The residual interests held by the Trust (inverse floating rate investments) include the right of the Trust (1) to cause the holders of the floating rate notes to tender their notes at par at the next interest rate reset date, and (2) to transfer the municipal bond from the Dealer Trusts to the Trust, thereby collapsing the Dealer Trusts.

TOBs are presently classified as private placement securities. Private placement securities are subject to restrictions on resale because they have not been registered under the Securities Act of 1933, as amended, or are otherwise not readily marketable. As a result of the absence of a public trading market for these securities, they may be less liquid than publicly traded securities. Although these securities may be resold in privately negotiated transactions, the prices realized from these sales could be less than those originally paid by the Trust or less than what may be considered the fair value of such securities.

The Trust accounts for the transfer of bonds to the Dealer Trusts as secured borrowings, with the securities transferred remaining in the Trust’s investment assets, and the related floating rate notes reflected as Trust liabilities under the caption Floating rate note obligations on the Statement of Assets and Liabilities. The Trust records the interest income from the fixed rate bonds under the caption Interest and records the expenses related to floating rate obligations and any administrative expenses of the Dealer Trusts a component of Interest, facilities and maintenance fees on the Statement of Operations.

The Trust generally invests in inverse floating rate securities that include embedded leverage, thus exposing the Trust to greater risks and increased costs. The primary risks associated with inverse floating rate securities are varying degrees of liquidity and the changes in the value of such securities in response to changes in market rates of interest to a greater extent than the value of an equal principal amount of a fixed rate security having similar credit quality, redemption provisions and maturity which may cause the Trust’s net asset value to be more volatile than if it had not invested in inverse floating rate securities. In certain instances, the short-term floating rate interests created by the special purpose trust may not be able to be sold to third parties or, in the case of holders tendering (or putting) such interests for repayment of principal, may not be able to be remarketed to third parties. In such cases, the special purpose trust holding the long-term fixed rate bonds may be collapsed. In the case of RIBs or TOBs created by the contribution of long-term fixed income bonds by the Trust, the Trust will then be required to repay the principal amount of the tendered securities. During times of market volatility, illiquidity or uncertainty, the Trust could be required to sell other portfolio holdings at a disadvantageous time to raise cash to meet that obligation.

Other Risks – The value of, payment of interest on, repayment of principal for and the ability to sell a municipal security may be affected by constitutional amendments, legislative enactments, executive orders, administrative regulations, voter initiatives and the economics of the regions in which the issuers are located.

Since many municipal securities are issued to finance similar projects, especially those relating to education, health care, transportation and utilities, conditions in those sectors can affect the overall municipal securities market and a Trust’s investments in municipal securities.

There is some risk that a portion or all of the interest received from certain tax-free municipal securities could become taxable as a result of determinations by the Internal Revenue Service.

Invesco Quality Municipal Income Trust

NOTE 2 -- Additional Valuation Information

Generally Accepted Accounting Principles (“GAAP”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:


Level 1		– Prices are determined using quoted prices in an active market for identical assets.
Level 2		– Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3		– Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Trust’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

As of May 31, 2013, all of the securities in this Trust were valued based on Level 2 inputs (see the Schedule of Investments for security categories). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

NOTE 3 -- Investment Securities

The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Trust during the three months ended May 31, 2013 was $60,826,342 and $34,550,096, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed federal income tax reporting period-end.


Unrealized Appreciation (Depreciation) of Investment Securities on a Tax Basis
Aggregate unrealized appreciation of investment securities	$	86,622,849
Aggregate unrealized (depreciation) of investment securities		(4,770,719)
Net unrealized appreciation of investment securities	$	81,852,130
Cost of investments for tax purposes is $1,063,247,356.

Invesco Quality Municipal Income Trust

Item 2. Controls and Procedures.

(a)

As of May 23, 2013, an evaluation was performed under the supervision and with the participation of the officers of the Registrant, including the Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”), to assess the effectiveness of the Registrant’s disclosure controls and procedures, as that term is defined in Rule 30a-3(c) under the Investment Company Act of 1940 (“Act”), as amended. Based on that evaluation, the Registrant’s officers, including the PEO and PFO, concluded that, as of May 23, 2013, the Registrant’s disclosure controls and procedures were reasonably designed so as to ensure: (1) that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission; and (2) that material information relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure.

(b)

There have been no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

Certifications of PEO and PFO as required by Rule 30a-2(a) under the Investment Company Act of 1940.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: Invesco Quality Municipal Income Trust


By:		/s/ Philip A. Taylor
		Philip A. Taylor
		Principal Executive Officer

Date:		July 30, 2013

Pursuant to the requirements of the Securities and Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.


By:		/s/ Philip A. Taylor
		Philip A. Taylor
		Principal Executive Officer

Date:		July 30, 2013


By:		/s/ Sheri Morris
		Sheri Morris
		Principal Financial Officer

Date:		July 30, 2013

EXHIBIT INDEX

Certifications of Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”) as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended.