FORM 4 [X] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WELLS FARGO BANK N A
2. Issuer Name and Ticker or Trading Symbol

Invesco Municipal Trust [ VKQ ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

101 NORTH PHILLIPS AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/8/2020
(Street)

SIOUX FALLS, SD 57104
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Series 2015/12-VKQ Variable Rate Muni Term Preferred Shares 10/8/2020  J(1)  2628 D (1)0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The 2,628 preferred shares reported as disposed of in Table I represent Series 2015/12-VKQ Variable Rate Muni Term Preferred Shares ("VMTP Shares") that were beneficially owned by Wells Fargo Bank, National Association. The VMTP Shares were disposed of as a result of a sale of the VMTP Shares pursuant to a purchase agreement dated October 8, 2020 for a price of $100,020.273223 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $20.273223 per share).

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
WELLS FARGO BANK N A
101 NORTH PHILLIPS AVENUE
SIOUX FALLS, SD 57104

X


Signatures
/s/ Alejandro Piekarewicz10/12/2020
**Signature of Reporting PersonDate

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