FORM N-8F

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                        Application for Deregistration of
                     Certain Registered Investment Companies


I.       General Identifying Information

1.       Reason fund is applying to deregister (check only one):

         [X]      Merger

         [ ]      Liquidation

         [ ]      Abandonment of Registration
                  (Note: Abandonments of Registration answer only questions 1
                  through 15, 24 and 25 of this form and complete verification
                  at the end of the form.)

         [ ]      Election of status as a Business Development Company
                  (Note: Business Development Companies answer only questions 1
                  through 10 of this form and complete verification at the end
                  of the form.)

2.       Name of fund: Van Kampen Municipal Opportunity Trust II

3.       Securities and Exchange Commission File No.: 811-07676

4.       Is this an initial Form N-8F or an amendment to a previously filed Form
         N-8F?

         [X]      Initial Application       [ ]      Amendment

5.       Address of Principal Executive Office (include No. & Street, City,
         State, Zip Code):

         1221 Avenue of the Americas
         New York, NY 10020

6.       Name, address and telephone number of individual the Commission staff
         should contact with any questions regarding this form:

         LouAnne D. McInnis, Esq.
         1221 Avenue of the Americas
         New York, NY 10020
         (212) 762-5295

7.       Name, address and telephone number of individual or entity responsible
         for maintenance and preservation of fund records in accordance with
         rules 31a-1 and 31a-2 under the Act 17 CFR 270.31a-1, .31a-2]:

                    Van Kampen Funds Inc.
                    1 Parkview Plaza
                    Oakbrook Terrace, IL  60181-5555
                    (630) 684-6000

         NOTE:             Once deregistered, a fund is still required to
                           maintain and preserve the records described in rules
                           31a-1 and 31a-2 for the period specified in those
                           rules.

8.       Classification of fund (check only one):

         [X]      Management company;

         [ ]      Unit investment trust; or

         [ ]      Face-amount certificate company.



9.       Subclassification if the fund is a management company (check only one):

         [ ]     Open-end       [X]    Closed-end

10.      State law under which the fund was organized or formed (e.g., Delaware,
         Massachusetts):

         Massachusetts

11.      Provide the name and address of each investment adviser of the fund
         (including sub-advisers) during the last five years, even if the fund's
         contracts with those advisers have been terminated:

         Van Kampen Asset Management
         1221 Avenue of the Americas
         New York, NY  10020

12.      Provide the name and address of each principal underwriter of the fund
         during the last five years, even if the fund's contracts with those
         underwriters have been terminated:

         N/A

13.      If the fund is a unit investment trust ("UIT") provide:  N/A

         (a)      Depositor's name(s) and address(es):

         (b)      Trustee's name and address(es):

14.      Is there a UIT registered under the Act that served as a vehicle for
         investment in the fund (e.g., an insurance company separate account)?

         [ ]    Yes        [X]   No

         If Yes, for each UIT state:

                  Name(s):
                  File No.: 811-_______

                  Business Address:

15.      (a)      Did the fund obtain approval from the board of directors
                  concerning the decision to engage in a Merger, Liquidation or
                  Abandonment of Registration?

                  [X] Yes           [ ] No

                  If Yes, state the date on which the board vote took place:

                  February 3, 2005

                  If No, explain:

         (b)      Did the fund obtain approval from the shareholders concerning
                  the decision to engage in a Merger, Liquidation or Abandonment
                  of Registration?

                  [X] Yes           [ ] No

                  If Yes, state the date on which the shareholder vote took
                  place:

                  January 11, 2006

                  If No, explain:



II.      DISTRIBUTIONS TO SHAREHOLDERS

16.      Has the fund distributed any assets to its shareholders in connection
         with the Merger or Liquidation?

         [X] Yes           [ ] No


         (a)      If Yes, list the date(s) on which the fund made those
                  distributions:

                  January 27, 2006

         (b)      Were the distributions made on the basis of net assets?

                  [X] Yes           [ ] No

         (c)      Were the distributions made pro rata based on share
                  ownership?

                  [X] Yes           [ ] No

         (d)      If No to (b) or (c) above, describe the method of
                  distributions to shareholders.

         (e)      For Mergers, provide the exchange ratio(s) used and explain
                  how it was calculated:

                  The common shares of Van Kampen Municipal Opportunity Trust II
                  (the "Target Fund") were converted into common shares of Van
                  Kampen Advantage Municipal Income Trust II ("the Acquiring
                  Fund") at a ratio of 1.025341 to 1 for common shares. The
                  exchange ratio was calculated by dividing the 1/27/06 NAV of
                  the Target Fund by the 1/27/06 NAV of the Acquiring Fund. The
                  Preferred shares of each Fund had a liquidation preference of
                  $25,000 per share, so the preferred shares of the Target Fund
                  were converted into preferred shares of the Acquiring Fund on
                  a 1-for-1 basis.

         (f)      Liquidations only:
                  Were any distributions to shareholders made in kind?

                  [ ] Yes           [ ] No

                  If Yes, indicate the percentage of fund shares owned by
                  affiliates, or any other affiliation of shareholders:

17.      Closed-end funds only:
         Has the fund issued senior securities?

         [X] Yes           [ ] No

         If Yes, describe the method of calculating payments to senior security
         holders and distributions to other shareholders:

         1.025341 to 1 for common shares, 1 to 1 for preferred

18.      Has the fund distributed ALL of its assets to the fund's shareholders?

         Yes [X]           No [ ]

         If No,

         (a)      How many shareholders does the fund have as of the date this
                  form is filed?

         (b)      Describe the relationship of each remaining shareholder to the
                  fund:


19.      Are there any shareholders who have not yet received distributions in
         complete liquidation of their interests?

         [ ] Yes           [X] No

         If Yes, describe briefly the plans (if any) for distributing to, or
         preserving the interests of, those shareholders:




III.     ASSETS AND LIABILITIES

20.      Does the fund have any assets as of the date this form is filed?
         (See question 18 above)

         [ ] Yes           [X] No


         If Yes,

         (a)      Describe the type and amount of each asset retained by the
                  fund as of the date this form is filed:

         (b)      Why has the fund retained the remaining assets?

         (c)      Will the remaining assets be invested in securities?

                  [ ] Yes           [ ] No

21.      Does the fund have any outstanding debts (other than face-amount
         certificates if the fund is a face-amount certificate company) or any
         other liabilities?

         [ ] Yes            [X] No

         If Yes,

         (a)      Describe the type and amount of each debt or other liability:
         (b)      How does the fund intend to pay these outstanding debts or
                  other liabilities?

IV.      INFORMATION ABOUT EVENT(S) LEADING TO REQUEST FOR DEREGISTRATION

22.      (a)      List the expenses incurred in connection with the
                  Merger or Liquidation:

                  (i)      Legal expenses: $150,000
                  (ii)     Accounting expenses:  $7,000
                  (iii)    Other expenses (list and identify separately):
                           Typesetting and Printing of Proxy Statement and
                           filing: $57,000
                           Communications/Mailings: $181,000;
                           Trustee Pension: $97,000; Moody's Analysis: $10,000
                  (iv)     Total expenses (sum of lines (i)-(iii) above):
                           $502,000

         (b)      How were those expenses allocated?
                  The expenses were shared by the Target Funds and the Acquiring
                  Fund in proportion to their respective projected annual
                  expense savings as a result of the Merger. The expenses were
                  not borne by the preferred shareholders of any of the Funds.

         (c)      Who paid those expenses? The registrant, Van Kampen Municipal
                  Opportunity Trust II ($205,820), Van Kampen Value Municipal
                  Income Trust ($105,420), and the Acquiring Fund, Van Kampen
                  Advantage Municipal Income Trust II ($190,760).

         (d)      How did the fund pay for unamortized expenses (if any)? None.


23.      Has the fund previously filed an application for an order of the
         Commission regarding the Merger or Liquidation?

         [ ] Yes           [X] No

         If Yes, cite the release numbers of the Commission's notice and order
         or, if no notice or order has been issued, the file number and date the
         application was filed:




V.       CONCLUSION OF FUND BUSINESS

24.      Is the fund a party to any litigation or administrative proceeding?

         [ ] Yes           [X] No

         If Yes, describe the nature of any litigation or proceeding and the
         position taken by the fund in that litigation:

25.      Is the fund now engaged, or intending to engage, in any business
         activities other than those necessary for winding up its affairs?

         [ ] Yes           [X] No

         If Yes, describe the nature and extent of those activities:

VI.      MERGERS ONLY

26.      (a)      State the name of the fund surviving the Merger:

                  Van Kampen Advantage Municipal Income Trust II

         (c)      State the Investment Company Act file number of the fund
                  surviving the Merger:

                  811-07868

         (d)      If the merger or reorganization agreement has been filed with
                  the Commission, state the file number(s), form type used and
                  date the agreement was filed:

                  Reorganization Agreement was filed with the Commission on Form
                  N-14 on June 30, 2005, File No. 333-126299.

         (e)      If the merger or reorganization agreement has NOT been filed
                  with the Commission provide a copy of the agreement as an
                  exhibit to this form.






                                  VERIFICATION

         The undersigned states that (i) she has executed this Form N-8F
application for an order under section 8(f) of the Investment Company Act of
1940 on behalf of Van Kampen Municipal Opportunity Trust II (ii) she is an
Assistant Secretary of Van Kampen Municipal Opportunity Trust II and (iii) all
actions by shareholders, directors, trustees and any other body necessary to
authorize the undersigned to execute and file this Form N-8F application have
been taken. The undersigned also states that the facts set forth in this Form
N-8F application are true to the best of her knowledge, information and belief.


                                    /s/ LouAnne D. McInnis
                                        ---------------------
                                        LouAnne D. McInnis