OMB Number: 3235-0578    

Expires: January 31, 2016

Estimated average burden

hours per response: 10.5

Date of fiscal year end:

Invesco Trust for Investment Grade

New York Municipals

Quarterly Schedule of Portfolio Holdings

November 30, 2014

invesco.com/us

Municipal Obligations–122.43%^(a)

New York–116.32%

Albany (City of) Industrial Development Agency (St. Peter’s Hospital); Series 2008 D, Civic Facility RB

Albany (County of) Airport Authority; Series 2010 A, Ref. RB (INS-AGM) ^(b)

Albany Capital Resource Corp. (St. Peter’s Hospital); Series 2011, RB

Battery Park City Authority; Series 2009 B, Sr. RB

Brooklyn Arena Local Development Corp. (Barclays Center);
Series 2009, PILOT CAB RB ^(c)

Series 2009, PILOT RB

Series 2009, PILOT RB

Build NYC Resource Corp. (Bronx Charter School for Excellence); Series 2013 A, RB

Build NYC Resource Corp. (YMCA of Greater New York);
Series 2012, RB

Series 2012, RB

Dutchess (County of) Industrial Development Agency (Elant at Fishkill, Inc.); Series 2007 A, Civic Facility RB

East Rochester (Village of) Housing Authority (Woodland Village, Inc.); Series 2006,
Ref. Senior Living RB

Erie (County of) Industrial Development Agency (City of Buffalo School District);
Series 2011 A, School Facility RB ^(d)

Series 2011 A, School Facility RB ^(d)

Series 2011 A, School Facility RB ^(d)

Essex (County of) Industrial Development Agency (International Paper); Series 2005 A, Ref. Solid Waste Disposal RB ^(e)

Hempstead Town Local Development Corp. (Molloy College); Series 2009, RB

Hudson Yards Infrastructure Corp.; Series 2011 A, RB

Long Island Power Authority;
Series 2006 E, Electric System General RB

Series 2009 A, Electric System General RB

Series 2009 A, Electric System General RB

Madison (County of) Industrial Development Agency (Morrisville State College Foundation);
Series 2005 A, Civic Facility RB (INS-CIFG) ^(b)

Metropolitan Transportation Authority;
Series 2005 B, RB (INS-BHAC) ^(b)(d)

Series 2009 B, Dedicated Tax Fund RB

Series 2009 B, Dedicated Tax Fund RB

Series 2012 H, RB

Series 2013 E, RB

Subseries 2011 B-2, Dedicated Tax Fund RB

Monroe County Industrial Development Corp. (Monroe Community College Association, Inc.);
Series 2014 A, Ref. RB (INS-AGM) ^(b)

Monroe County Industrial Development Corp. (Nazareth College of Rochester); Series 2011, RB

Monroe County Industrial Development Corp. (St. John Fisher College); Series 2014 A, RB

Monroe County Industrial Development Corp. (University of Rochester);
Series 2011 A, RB

Series 2013 A, RB

Nassau (County of) Industrial Development Agency (Amsterdam at Harborside);
Series 2014 A, Continuing Care Retirement Community RB

Series 2014 C, Continuing Care Retirement Community RB

Nassau County Local Economic Assistance Corp. (Catholic Health Services of Long Island Obligated Group); Series 2014, RB

Nassau County Local Economic Assistance Corp. (South Nassau Communities); Series 2012, Ref. RB

Nassau County Local Economic Assistance Corp. (Winthrop University Hospital Association);
Series 2012, Ref. RB

Nassau County Tobacco Settlement Corp.; Series 2006 A-2, Sr. Asset-Backed RB

New York–(continued)

New York & New Jersey (States of) Port Authority (JFK International Air Terminal LLC);
Series 1997, Special Obligation RB (INS-NATL) ^(b)(e)

Series 1997 6, Special Obligation RB (INS-NATL) ^(b)(e)

Series 2010, Special Obligation RB

New York & New Jersey (States of) Port Authority;
One Hundred Fifty-Second Series 2008, Consolidated RB ^(d)(e)

One Hundred Forty-Fourth Series 2006, Consolidated RB ^(d)

New York (City of) Industrial Development Agency (IAC/InterActive Corp.); Series 2005, Liberty RB

New York (City of) Industrial Development Agency (New York Stock Exchange); Series 2009 A, Ref. Special Facility RB

New York (City of) Industrial Development Agency (Polytechnic University); Series 2007, Ref. Civic Facility RB (INS-ACA) ^(b)

New York (City of) Industrial Development Agency (Queens Baseball Stadium); Series 2006, PILOT RB (INS-AMBAC) ^(b)

New York (City of) Industrial Development Agency (Terminal One Group Association, L.P.);
Series 2005, Special Facility RB ^(e)

Series 2005, Special Facility RB ^(e)

Series 2005, Special Facility RB ^(e)

Series 2005, Special Facility RB ^(e)

New York (City of) Municipal Water Finance Authority;
Series 2005 D, Water & Sewer System RB ^(d)

Series 2009 FF-2, Water & Sewer System RB

Series 2010 FF, Second General Resolution Water & Sewer System RB

Series 2013 DD, Water & Sewer System RB

New York (City of) Transitional Finance Authority;
Series 2009 S-1, Building Aid RB

Series 2009 S-2, Building Aid RB

Series 2009 S-3, Building Aid RB ^(d)

Series 2009 S-3, Building Aid RB ^(d)

Subseries 2009 A-1, Future Tax Sec. RB ^(d)

Subseries 2009 A-1, Future Tax Sec. RB ^(d)

Subseries 2009 A-1, Future Tax Sec. RB ^(d)

Subseries 2011 D-1, Future Tax Sec. RB ^(d)

Subseries 2011 E, Future Tax Sec. RB

New York (City of) Trust for Cultural Resources (Carnegie Hall); Series 2009 A, RB

New York (City of) Trust for Cultural Resources (The Museum of Modern Art);
Series 2008 1A, Ref. RB ^(d)

Series 2008 1A, Ref. RB

New York (City of) Trust for Cultural Resources (Wildlife Conservation Society); Series 2013 A, RB

New York (City of);
Series 2011 A-3, VRD Unlimited Tax GO ^(f)

Subseries 2008 A-1, Unlimited Tax GO Bonds ^(d)

Subseries 2008 A-1, Unlimited Tax GO Bonds ^(d)

Subseries 2008 F-1, Unlimited Tax GO Bonds

Subseries 2008 G-1, Unlimited Tax GO Bonds

Subseries 2008 I-1, Unlimited Tax GO Bonds ^(d)

Subseries 2008 L-1, Unlimited Tax GO Bonds ^(d)

Subseries 2009 I-1, Unlimited Tax GO Bonds

New York (State of) Dormitory Authority (Brooklyn Law School);
Series 2009, RB

Series 2012 A, RB

Series 2012 A, RB

New York (State of) Dormitory Authority (City of New York);
Series 2005 A, Court Facilities Lease RB (INS-AMBAC) ^(b)

Series 2005 A, Court Facilities Lease RB (INS-AMBAC) ^(b)

Series 2005 A, Court Facilities Lease RB (INS-AMBAC) ^(b)

New York–(continued)

New York (State of) Dormitory Authority (Convent of The Sacred Heart); Series 2011, RB (INS-AGM) ^(b)

New York (State of) Dormitory Authority (Cornell University);
Series 2006 A, RB ^(d)

Series 2010 A, RB

New York (State of) Dormitory Authority (Education); Series 2008 B, State Personal Income Tax RB

New York (State of) Dormitory Authority (Fashion Institute of Technology Student Housing Corp.);
Series 2007, RB (INS-NATL) ^(b)

New York (State of) Dormitory Authority (Fordham University);
Series 2008 B, RB (INS-AGC) ^(b)

Series 2011 A, RB

Series 2014, RB

New York (State of) Dormitory Authority (General Purpose); Series 2011 A, State Personal Income
Tax RB ^(d)

New York (State of) Dormitory Authority (Manhattan College); Series 2007 A, RB (INS-Radian) ^(b)

New York (State of) Dormitory Authority (Memorial Sloan-Kettering Cancer Center); Series 1998, RB (INS-NATL) ^(b)

New York (State of) Dormitory Authority (Montefiore Medical Center); Series 2004, Hospital RB
(INS-NATL) ^(b)

New York (State of) Dormitory Authority (Mount Sinai Hospital Obligated Group); Series 2011 A, RB

New York (State of) Dormitory Authority (Mount Sinai School of Medicine of New York University);
Series 2009, RB

New York (State of) Dormitory Authority (New York University Hospitals Center); Series 2011 A,
RB

New York (State of) Dormitory Authority (New York University);
Series 2001 1, RB (INS-AMBAC) ^(b)

Series 2001 1, RB (INS-BHAC) ^(b)

New York (State of) Dormitory Authority (North Shore - Long Island Jewish Obligated Group);
Series 2009 A, RB

Series 2011 A, RB

Subseries 2005 A, RB

New York (State of) Dormitory Authority (Pace University);
Series 2013 A, RB

Series 2013 A, RB

New York (State of) Dormitory Authority (Pratt Institution); Series 2009 C, RB (INS-AGC) ^(b)

New York (State of) Dormitory Authority (Rochester Institute of Technology); Series 2010, RB

New York (State of) Dormitory Authority (Rockefeller University); Series 2010 A, RB

New York (State of) Dormitory Authority (School Districts Financing Program);
Series 2008 D, RB (INS-AGC) ^(b)

Series 2009 C, RB (INS-AGC) ^(b)

Series 2011 A, RB

New York (State of) Dormitory Authority (St. John’s University); Series 2012 B, RB

New York (State of) Dormitory Authority (St. Joseph’s College); Series 2010, RB

New York (State of) Dormitory Authority (State University Educational Facilities);
Series 1993 A, RB (INS-NATL) ^(b)

Series 1993 B, RB

New York (State of) Dormitory Authority (State University of New York); Series 2013 A, RB

New York (State of) Dormitory Authority (The New School);
Series 2010, RB

Series 2011, Ref. RB

New York (State of) Dormitory Authority (Touro College and University System); Series 2014 A, RB

New York (State of) Dormitory Authority;
Series 1995 A, City University System Consolidated RB

Series 2007 A, Mental Health Services Facilities Improvement RB (INS-AGM) ^(b)

Series 2008 C, Mental Health Services Facilities Improvement RB (INS-AGM) ^(b)(e)

Series 2010 E, General Purpose Personal Income Tax RB

Series 2014 C, Personal Income Tax RB ^(d)

New York–(continued)

New York (State of) Energy Research & Development Authority; Series 1993, Regular Residual
Interest RB ^(g)

New York (State of) Power Authority; Series 2011 A, RB

New York (State of) Thruway Authority (Transportation); Series 2009 A, Personal Income Tax RB

New York (State of) Thruway Authority;
Series 2008 B, Second General Highway & Bridge Trust Fund RB

Series 2014 J, RB

New York (State of) Utility Debt Securitization Authority; Series 2013 TE, Restructuring RB ^(d)

New York City Health & Hospital Corp.; Series 2010 A, Health System RB

New York Liberty Development Corp. (3 World Trade Center);
Series 2014, Class 1, Ref. Liberty RB ^(h)

Series 2014, Class 3, Ref. Liberty RB ^(h)

New York Liberty Development Corp. (4 World Trade Center); Series 2011, Ref. Liberty RB

New York Liberty Development Corp. (7 World Trade Center);
Series 2012, Class 1, Ref. Liberty RB ^(d)

Series 2012, Class 2, Ref. Liberty RB

New York Liberty Development Corp. (Bank of America Tower at One Bryant Park); Series 2010, Ref. Second Priority Liberty RB

New York Liberty Development Corp. (Goldman Sachs Headquarters); Series 2007, RB

New York Local Government Assistance Corp.; Series 1993 C, Ref. RB

New York State Environmental Facilities Corp. (2010 Master Financing Program); Series 2010 C, RB

New York State Environmental Facilities Corp. (Municipal Water Finance Authority); Series 2011 B, State Clean Water & Drinking Water Revolving Funds RB

New York State Urban Development Corp.;
Series 2008 B, Ref. Service Contract RB

Series 2008 B, Ref. Service Contract RB

Niagara Falls (City of) Public Water Authority; Series 2005, Water & Sewer System RB
(INS-SGI) ^(b)

Niagara Frontier Transportation Authority (Buffalo Niagara International Airport); Series 2014 A,
Ref. RB ^(e)

Niagara Tobacco Asset Securitization Corp.; Series 2014, Ref. Asset Backed RB

North Syracuse Central School District; Series 2007, Ref. Unlimited Tax GO Bonds
(INS-NATL) ^(b)

Oneida (County of) Industrial Development Agency (St. Elizabeth Medical Center Facility);
Series 1999 A, Civic Facility RB

Series 1999 B, Civic Facility RB

Onondaga Civic Development Corp. (Le Moyne College); Series 2010, RB

Onondaga Civic Development Corp. (St. Joseph’s Hospital Health Center); Series 2014 A, RB

Sales Tax Asset Receivable Corp Series 2015 A, Ref. RB ^(d)

Saratoga (County of) Industrial Development Agency (Saratoga Hospital); Series 2007 B, Civic Facility RB

Suffolk (County of) Economic Development Corp. (Catholic Health Services); Series 2014 C, RB

Suffolk (County of) Industrial Development Agency (Eastern Long Island Hospital Association);
Series 2007, Civic Facility RB ^(h)

Suffolk (County of) Industrial Development Agency (Jefferson’s Ferry); Series 2006, Ref. First Mortgage Continuing Care Retirement Community RB

Suffolk County Economic Development Corp. (Peconic Landing at Southold, Inc.); Series 2010, Ref. RB

Syracuse (City of); Series 2011 A, Airport Terminal Security & Access Improvement Unlimited Tax
GO Bonds ^(e)

Tomkins County Development Corp. (Tompkins Cortland Community College Foundation, Inc.);
Series 2013 A, RB

Series 2013 A, RB

Series 2013 A, RB

Tompkins (County of) Industrial Development Agency (Cornell University); Series 2008 A, Civic
Facility RB

New York–(continued)

Triborough Bridge & Tunnel Authority;
Series 2013 A, Ref. Sub. CAB RB ^(c)

Series 2013 C, RB ^(d)

Troy Capital Resource Corp. (Rensselaer Polytechnic Institute);
Series 2010 A, RB

Series 2010 A, RB

TSASC, Inc.;
Series 2006 1, Tobacco Settlement Asset-Backed RB

Series 2006 1, Tobacco Settlement Asset-Backed RB

United Nations Development Corp.;
Series 2009 A, Ref. RB

Series 2009 A, Ref. RB

Westchester Tobacco Asset Securitization Corp.; Series 2005, Tobacco Settlement Asset-Backed RB

Yonkers Economic Development Corp. (Charter School of Educational Excellence);
Series 2010 A, Educational RB

Guam–3.29%

Guam (Territory of) (Section 30);
Series 2009 A, Limited Obligation RB

Series 2009 A, Limited Obligation RB

Guam (Territory of) International Airport Authority;
Series 2013 C, General RB ^(e)

Series 2013 C, General RB (INS-AGM) ^(b)(e)

Guam (Territory of) Power Authority;
Series 2010 A, RB

Series 2012 A, Ref. RB

Guam (Territory of) Waterworks Authority; Series 2010, Water & Wastewater System RB

Guam (Territory of);
Series 2011 A, Business Privilege Tax RB

Series 2011 A, Business Privilege Tax RB

Puerto Rico–1.47%

Puerto Rico Sales Tax Financing Corp.;
Series 2011 C, RB

Series 2011 C, RB

Virgin Islands–1.35%

Virgin Islands (Government of) Port Authority; Series 2014 B, Ref. Marine RB

Virgin Islands (Government of) Public Finance Authority (Matching Fund Loan Note - Diageo);
Series 2009 A, Sub. RB

Virgin Islands (Government of) Public Finance Authority (Matching Fund Loan Note);
Series 2010 A, Sr. Lien RB

Series 2012 A, RB ^(h)

TOTAL INVESTMENTS⁽ⁱ⁾–122.43% (Cost $434,134,653)

FLOATING RATE NOTE OBLIGATIONS–(24.29)%

Notes with interest and fee rates ranging from 0.53% to 0.61% at 11/30/14, and contractual maturities of collateral ranging from 11/01/25 to 03/15/41(See Note 1D) ^(j)

VARIABLE RATE MUNI TERM PREFERRED SHARES–(23.54)%

OTHER ASSETS LESS LIABILITIES–25.40%

NET ASSETS APPLICABLE TO COMMON SHARES–100.00%

ACA

—

ACA Financial Guaranty Corp.

PILOT

—

Payment-in-Lieu-of-Tax

AGC

—

Assured Guaranty Corp.

Radian

—

Radian Asset Assurance, Inc.

AGM

—

Assured Guaranty Municipal Corp.

RB

—

Revenue Bonds

AMBAC

—

American Municipal Bond Assurance Corp.

Ref.

—

Refunding

BHAC

—

Berkshire Hathaway Assurance Corp.

Sec.

—

Secured

CAB

—

Capital Appreciation Bonds

SGI

—

Syncora Guarantee, Inc.

CIFG

—

CIFG Assurance North America, Inc.

Sr.

—

Senior

GO

—

General Obligation

Sub.

—

Subordinated

INS

—

Insurer

VRD

—

Variable Rate Demand

NATL

—

National Public Finance Guarantee Corp.

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

Principal and/or interest payments are secured by the bond insurance company listed.

Zero coupon bond issued at a discount.

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

Security subject to the alternative minimum tax.

Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2014.

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 $1,504,080 which represents less than 1% of the Trust’s Net Assets.

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 November 30, 2014 was $6,839,230, which represented 1.78% of the Trust’s Net Assets.

Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligation but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5%.

Floating rate note obligations related to securities held. The interest and fee rates shown reflect the rates in effect at November 30, 2014. At November 30, 2014, the Trust’s investments with a value of $165,861,870 are held by Dealer Trusts and serve as collateral for the $ 93,285,000 in the floating rate note obligations outstanding at that date.

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

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 (net of withholding tax, if any) 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.

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.

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.

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.

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.

Unrealized Appreciation (Depreciation) of Investment Securities on a Tax Basis

Aggregate unrealized appreciation of investment securities

Aggregate unrealized (depreciation) of investment securities

Net unrealized appreciation of investment securities

Cost of investments for tax purposes is $433,548,296.

  /s/ Philip A. Taylor

  /s/ Philip A. Taylor

  /s/ Sheri Morris