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Structure. 

The Fund does not currently intend to list its Shares for trading

 on any securities exchange

 and does not expect any secondary market

 to develop for its Shares

Shareholders of the Fund are not able to have their Shares redeemed or otherwise sell their Shares on a daily basis because the Fund is an unlisted closed-end fund.

To provide some liquidity to Shareholders, the Fund is structured as an “interval fund” 

and conducts periodic repurchase offers

 for a portion of its outstanding Shares

 as described below. 

An investment in the Fund

 is suitable only for long-term investors

 who can bear the risks associated with the limited liquidity

 of the Shares.

 Investment Adviser. Invesco Advisers, Inc. (Invesco or the Adviser) is the Fund’s investment adviser. 

Securities Offered. The Fund offers its Class A, Class Y and Class R6 Shares on a continuous basis. Class AX Shares of the Fund are closed to new investors. Only investors who have continuously maintained an account in Shares of Invesco Dynamic Credit Opportunities Fund, the Fund’s predecessor fund, prior to the closing of the Reorganization may continue to make additional purchases in their accounts in Class AX Shares of the Fund. With respect to Class A Shares and Class Y Shares, the minimum initial investment is $10,000 for regular and retirement accounts; subsequent investments may be made with at least $1,000. With respect to Class R6 Shares, the minimum initial investment is $10,000 for all accounts; subsequent investments may be made with at least $1,000. Financial intermediaries may aggregate orders of Class R6 Shares to meet the $10,000 minimum initial investment so long as individual investors each invest at least $1,000. With respect to Class A Shares and Class Y Shares, Invesco Distributors (Distributor) or its designee has the discretion to accept orders on behalf of its clients for lesser amounts. Shares are being offered through the Distributor and through selected broker-dealers and financial services firms. Shares are sold at their offering price, which is NAV per Share for such class of Shares, plus any applicable sales load. The Distributor pays the broker-dealers and financial services firms participating in the continuous offering. This prospectus provides the information that a prospective investor should know about the Fund before investing. Investors are advised to read this prospectus carefully and to retain it for future reference. Additional information about the Fund, including a statement of additional information about the Fund, dated June 28, 2022 (Statement of Additional Information), has been filed with the Securities and Exchange Commission (SEC) and is incorporated by reference in its entirety into this prospectus. The Statement of Additional Information, the Fund’s annual report, and when available, the Fund’s and semi-annual report and other information filed with the SEC, can be obtained upon written or oral request without charge from our website at www.invesco.com/us. You may also get a copy of any of these materials, request other information about the Fund and make other inquiries by calling (800) 959-4246. The table of contents of the Statement of Additional Information appears on page 95 of this prospectus. The Statement of Additional Information, other material incorporated by reference into this prospectus and other information about SEC registrants, including the Fund, is also available on the SEC’s website at http://www.sec.gov. The address of the SEC’s website is provided solely for the information of prospective investors and is not intended to be an active link. Shares are not deposits or obligations of, and are not guaranteed or endorsed by, any bank or other insured depository institution, and Shares are not insured by the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System or any other government agency. Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if

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