Invesco High Income Trust II is a diversified, closed-end management investment trust. The Trust's investment objective is to provide high current income, while seeking to preserve shareholders' capital, through investment in a professionally managed portfolio of income producing fixed-income securities. The Trust invests in debt securities that are determined to be below investment-grade quality. The Trust may invest in convertible bonds, preferred stocks, derivatives and bank loans. The Trust invests in a range of sectors, including aerospace and defense; agricultural and farm machinery; apparel retail; auto parts and equipment; building products; cable and satellite; construction and engineering; consumer finance; diversified banks; food retail; healthcare facilities; homebuilding; industrial machinery; Internet software and services; oil and gas equipment and services, paper packaging, and pharmaceuticals. Invesco Advisers, Inc. is the investment advisor of the Trust.