<PAGE> PAGE 1
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000 C000000 789940
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008 D03AA01 80237
008 A00AA02 INVESCO CAPITAL MANAGEMENT, INC
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<PAGE> PAGE 2
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011 B00AA01 8-02856
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011 C02AA01 CO
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012 A00AA01 INVESCO FUNDS GROUP, INC.
012 B00AA01 84-0235630
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012 C02AA01 CO
012 C03AA01 80237
013 A00AA01 PRICE WATERHOUSE LLP
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<PAGE> PAGE 3
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<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
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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
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM INVESCO VALUE TRUST
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH INVESCO VALUE EQUITY,
INVESCO INTERMEDIATE GOVERNMENT BOND, AND INVESCO TOTAL RETURN FUNDS' FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000789940
<NAME> INVESCO VALUE TRUST
<SERIES>
<NUMBER> 1
<NAME> INVESCO VALUE EQUITY FUND
<S> <C>
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