U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and Address of issuer:
INVESCO Value Trust
7800 East Union Avenue
Denver, Colorado 80237
2. The name of each series or class of securities for which this Form is filed
(if the form is being filed for all series and classes of securities of the
issuer, check the box but do not list series or classes):
INVESCO Intermediate Government Bond Fund
3. Investment Company Act File Number: 811-4595
Securities Act File Number: 033-03429
4(a) Last day of fiscal year for which this Form is filed: June 4, 1999
4(b) ____ Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year).
(See Instruction A.2)
4(c) _X__ Check box if this is the last time the issuer will be filing this
Form.
5. Calculation of registration fee:
(i) Aggregate sales price of securities
sold during the fiscal year
pursuant to section 24(f) $47,661,001
(ii) Aggregate price of securities
redeemed or repurchased during
the fiscal year: $83,901,345*
(iii) Aggregate price of securities
redeemed or repurchased during any
prior fiscal year ending no earlier
than October 1, 1995 that were
not previously used to reduce
registration fees payable to the
Commission $0
(iv) Total available redemption credits
[add items 5(ii) and 5(iii)] $83,901,345*
(v) Net sales - if item 5(i) is greater
than item 5(iv) [subtract item
5(iv) from item 5(i)] $0
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(vi) Redemption credits available for use
in future years - if item 5(i)
is less than item 5(iv) [subtract
item 5(iv) from item 5(i)] $13,453,621**
(vii) Multiplier for determining
registration fee (See Instruction C.9) x0.000278
(viii)Registration fee due [multiply item
5(v) by item 5(vii)] (enter "0"
if no fee is due): = $0
6. Prepaid Shares
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number of shares or other units)
deducted here: _______________. If there is a number of shares or
other units that were registered pursuant to rule 24e-2 remaining
unsold at the end of the fiscal year for which this form is filed
that are available for use by the issuer in future fiscal years,
then state that number here: _______________.
7. Interest due - if this Form is being
filed more than 90 days after the end
of the Issuer's fiscal year
(see instruction D) : +$0
8. Total of the amount of the registration
fee due plus any interest due
[line 5(viii) plus line 7]: =$0
9. Date of the registration fee and any
interest payment was sent to the
Commission's lockbox depository:
Method of Delivery:
___ Wire Transfer
___ Mail or other means
*Includes redemptions of 22,786,723 issued in the exchange-out merger of
INVESCO Intermediate Government Bond Fund into INVESCO U.S. Government
Securities Fund.
**Net redemptions shares of $36,240,344 less $22,786,723 redeemed in merger.
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SIGNATURE
This report has been signed below by the following person on behalf of the
issuer and in the capacities and on the date indicated.
INVESCO Value Trust
-- INVESCO Intermediate Government Bond Fund
/s/ Mark H. Williamson
By:___________________________________
Mark H. Williamson
President
Date: September 2, 1999
