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Company:	INVESCO ADVANTAGE MUNICIP ... (VKI)
Form Type:	N-CSR
Filing Date:	12/28/2007
CIK:	0000908993
Address:	1555 PEACHTREE STREET, NE SUITE 1800
City, State, Zip:	ATLANTA, Georgia 30309
Telephone:	404-439-3217
Fiscal Year:	10/31

Last Trade

Last Trade:
$8.58

Change:

0.11 (1.30%)

Trade Time:
01:12 PM EST

Market Cap:
$381.00M

Trade VKI now with

FORM N-CSR

Item 1. Report to Shareholders.

FUND PERFORMANCE

PORTFOLIO OF INVESTMENTS

FINANCIAL STATEMENTS

ASSETS AND LIABILITIES

STATEMENT OF OPERATIONS

STATEMENT OF CHANGES IN NET ASSETS

CASH FLOW

FINANCIAL HIGHLIGHTS TABLE

NOTES TO FINANCIAL STATEMENTS -- OCTOBER 31, 2007

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

BOARD OF TRUSTEES, OFFICERS, AND IMPORTANT ADDRESSES

RESULTS OF SHAREHOLDER VOTES

TRUSTEES AND OFFICERS

NAME AND TITLE

Item 2. Code of Ethics.

Item 3. Audit Committee Financial Expert.

Item 4. Principal Accountant Fees and Services.

Item 5. Audit Committee of Listed Registrants.

Item 7. Disclosure of Proxy Voting Policies and Procedures ...

Item 11. Controls and Procedures

SIGNATURES

EXHIBIT 99.CODE

EXHIBIT 99.CERT

EXHIBIT 99.906CERT

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