SUPPLEMENT DATED APRIL 1, 2024 TO THE CURRENT
SUMMARY PROSPECTUS, STATUTORY PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION FOR:
Invesco Rochester® AMT-Free New York Municipal
Fund
Invesco
Rochester® Limited Term New
York Municipal Fund
Invesco Rochester® New York Municipals Fund
(each a “Fund” and collectively the
“Funds”)
This supplement amends the
Summary Prospectuses, Statutory Prospectuses and Statement of Additional Information of the above referenced Funds and is in addition to any other supplement(s). You should read this supplement in conjunction with the Summary
Prospectuses, Statutory Prospectuses and Statement of Additional Information and retain it for future reference.
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 bulleted
information appearing under the heading “Fund Management – Portfolio Managers” in the Statutory Prospectuses:
▪
Joshua Cooney, Portfolio Manager, who has been responsible for the Fund since 2024
and has been associated with Invesco and/or its affiliates since 1999.
▪
Elizabeth S. Mossow, CFA, Portfolio Manager, who has been responsible for the Fund
since 2024 and has been associated with Invesco and/or its affiliates since 2019. From 2007 to 2019, Ms. Mossow was associated with OppenheimerFunds, a global asset management firm.
▪
Tim O’Reilly, Portfolio Manager, who has been responsible for the Fund since
2020 and has been associated with Invesco and/or its affiliates since 2010.
▪
Mark Paris, Portfolio Manager, who has been responsible for the Fund since 2019 and
has been associated with Invesco and/or its affiliates since 2010.
▪
Julius Williams, Portfolio Manager, who has been responsible for the Fund since
2020 and has been associated with Invesco and/or its affiliates since 2010.
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 Funds’ SAI:
As of January
31, 2024, Mr. Cooney did not beneficially own any shares of the Funds.
As of January 31, 2024, Ms. Mossow beneficially owned $10,001 – $50,000 of Invesco Rochester® Limited Term New York Municipal Fund and did not beneficially own any shares of Invesco
Rochester® AMT-Free New York Municipal Fund and Invesco Rochester® New York Municipals 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 Funds’ SAI:
As of January 31, 2024, Mr. Cooney managed 15 other registered investment companies with approximately $17,388.6 million in assets, no other pooled investment vehicles and no other accounts.
As of January 31, 2024, Ms. Mossow managed 6 other registered investment companies with approximately $9,188.3 million in assets, no other pooled investment vehicles and 2 other accounts with approximately $912.0 million in assets.