SUPPLEMENT DATED SEPTEMBER 7, 2023 TO THE CURRENT
SUMMARY PROSPECTUS, STATUTORY PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION FOR:
Invesco Quality Income Fund
(the “Fund”)
This supplement amends the Summary Prospectus, Statutory Prospectus and Statement of Additional Information of the above referenced Fund and is in addition to any other supplement(s). You should read this
supplement in conjunction with the Summary Prospectus, Statutory Prospectus and Statement of Additional Information and retain it for future
reference.
Effective immediately:
Mario Clemente no longer serves as a Portfolio Manager of the Fund. All references to Mr. Clemente
in the Summary and Statutory Prospectuses and Statement of Additional Information are hereby removed.
The following information replaces in its entirety the table appearing under the heading
“Management of the Fund” in the prospectuses:
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The following information replaces in its entirety the information appearing under the heading
“Fund Management – Portfolio Managers” in the Statutory Prospectus:
The following individuals are jointly and primarily responsible for the day-to-day management of the Fund’s portfolio:
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Clint Dudley, CFA, Portfolio Manager, who has been responsible for the Fund since
2010 and has been associated with Invesco and/or its affiliates since 1998.
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David Lyle, Portfolio Manager, who has been responsible for the Fund since 2023 and
has been associated with Invesco and/or its affiliates since 2006.
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Brian Norris, CFA, Portfolio Manager, who has been responsible for the Fund since
2010 and has been associated with Invesco and/or its affiliates since 2001.
More information on the portfolio managers may be found at www.invesco.com/us. The website is not
part of this prospectus.
The Fund’s SAI provides additional information
about the portfolio managers’ investments in the Fund, a description of the compensation structure and information regarding other accounts managed.
The following information is added after the table under “PORTFOLIO MANAGER(S) — PORTFOLIO MANAGER FUND HOLDINGS AND INFORMATION
ON OTHER MANAGED ACCOUNTS — INVESTMENTS” in Appendix H of the Fund’s SAI:
As of July 31, 2023, Mr. Lyle did not beneficially own any shares of the Fund.
The following information is added after the table under “PORTFOLIO MANAGER(S) — PORTFOLIO MANAGER FUND HOLDINGS AND INFORMATION
ON OTHER MANAGED ACCOUNTS — ASSETS MANAGED” in Appendix H of the Fund’s SAI:
As of July 31, 2023, Mr. Lyle managed 1 other registered investment company
with approximately $359.3 million, no other pooled investment vehicle and no other accounts.