INVESCO VALUE TRUST
NSAR-B, 1995-10-26
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<PAGE>      PAGE  1
000 B000000 08/31/95
000 C000000 789940
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 INVESCO VALUE TRUST
001 B000000 811-4595
001 C000000 3039306300
002 A000000 7800 EAST UNION AVE
002 B000000 DENVER
002 C000000 CO
002 D010000 80237
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 INVESCO VALUE EQUITY FUND
007 C030100 N
007 C010200  2
007 C020200 INVESCO INTERMEDIATE GOVERNMENT BOND FUND
007 C030200 N
007 C010300  3
007 C020300 INVESCO TOTAL RETURN FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 INVESCO FUNDS GROUP, INC.
008 B00AA01 A
008 C00AA01 801-1569
008 D01AA01 DENVER
008 D02AA01 CO
008 D03AA01 80237
008 A00AA02 INVESCO CAPITAL MANAGEMENT, INC
008 B00AA02 S
008 C00AA02 801-33949
008 D01AA02 ATLANTA
008 D02AA02 GA
008 D03AA02 30309
010 A00AA01 INVESCO FUNDS GROUP, INC.
<PAGE>      PAGE  2
010 B00AA01 801-1569
010 C01AA01 DENVER
010 C02AA01 CO
010 C03AA01 80237
011 A00AA01 INVESCO FUNDS GROUP, INC.
011 B00AA01 8-02856
011 C01AA01 DENVER
011 C02AA01 CO
011 C03AA01 80237
012 A00AA01 INVESCO FUNDS GROUP, INC.
012 B00AA01 84-0235630
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80237
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02105
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   38
019 C00AA00 INVESCOFUN
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020 B000001 58-1653841
020 C000001     94
020 A000002 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000002 13-5674085
020 C000002     74
020 A000003 RAYMOND JAMES & ASSOCIATES
020 B000003 59-1237041
020 C000003     46
020 A000004 KOEGLER MORGAN
020 B000004 58-1621983
020 C000004     35
020 A000005 PAINEWEBBER INC
020 B000005 13-2638166
020 C000005     26
020 A000006 PRUDENTIAL SECURITIES
020 B000006 22-2347336
020 C000006     22
020 A000007 LEHMAN BROTHERS
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020 C000007     18
020 A000008 SEI FUNDS EVALUATION
020 B000008 23-2177800
<PAGE>      PAGE  3
020 C000008     11
020 A000009 SALOMON BROTHERS
020 B000009 13-3082694
020 C000009      6
020 A000010 MUTUAL SERVICE CORPORATION
020 B000010 38-1893570
020 C000010      6
021  000000      337
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022 C000001      3616
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022 D000002         3
022 A000003 MERRILL LYNCH GOVT SEC/MONEY MKTS
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022 D000006        16
022 A000007 HSBC SECURITIES
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022 C000007         6
022 D000007        32
022 A000008 SALOMON BROTHERS
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022 C000008        29
022 D000008         4
022 A000009 LEHMAN GOVERNMENT SECURITIES
022 B000009 13-3216325
022 C000009        24
022 D000009         8
022 A000010 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000010 13-5674085
022 C000010        13
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026 A000000 Y
<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
070 H020100 N
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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SIGNATURE   JUDY P. WIESE                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> INVESCO VALUE EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
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<OTHER-INCOME>                                 (49319)
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<NET-INVESTMENT-INCOME>                        2846758
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> INVESCO INTERMEDIATE GOVERNMENT BOND FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                         35301194
<INVESTMENTS-AT-VALUE>                        36570188
<RECEIVABLES>                                   772070
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<OTHER-ITEMS-ASSETS>                              1741
<TOTAL-ASSETS>                                37356661
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        17317
<TOTAL-LIABILITIES>                              17317
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      37002946
<SHARES-COMMON-STOCK>                          2953843
<SHARES-COMMON-PRIOR>                          2619128
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (932596)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1268994
<NET-ASSETS>                                  37339344
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2585959
<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                        2156239
<REALIZED-GAINS-CURRENT>                      (906910)
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<NET-CHANGE-FROM-OPS>                          1632029
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<SHARES-REINVESTED>                             170015
<NET-CHANGE-IN-ASSETS>                         5478799
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      (25686)
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<PER-SHARE-NII>                                   0.73
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<EXPENSE-RATIO>                                   1.00
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> INVESCO TOTAL RETURN FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                        483785044
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                             625883
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<PAID-IN-CAPITAL-COMMON>                     484952128
<SHARES-COMMON-STOCK>                         26892589
<SHARES-COMMON-PRIOR>                         15788550
<ACCUMULATED-NII-CURRENT>                      (29534)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        1629334
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      76916562
<NET-ASSETS>                                 563468490
<DIVIDEND-INCOME>                              7016050
<INTEREST-INCOME>                             11704821
<OTHER-INCOME>                                (164839)
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<NET-INVESTMENT-INCOME>                       14983860
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (508559)
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</TABLE>


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