N-CSRS

Short-Term

Not Subject to
Expiration

Invesco Premier Portfolio

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-05460

AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(Exact name of registrant as specified in charter)

11 Greenway Plaza, Suite 1000 Houston, Texas 77046

(Address of principal executive offices) (Zip code)

Glenn Brightman 11 Greenway Plaza, Suite 1000 Houston, Texas 77046

(Name and address of agent for service)

Registrant’s telephone number, including area code: (713) 626-1919

Date of fiscal year end: 8/31

Date of reporting period: 2/29/2024

ITEM 1. REPORTS TO STOCKHOLDERS.

(a) The Registrant’s semi-annual report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows:

LOGO



Semiannual Report to Shareholders		February 29, 2024

Investor Class

AIM Treasurer’s Series Trust

(Invesco Treasurer’s Series Trust)

Invesco Premier Portfolio

Invesco Premier U.S. Government Money Portfolio


2		Fund Data

3		Schedules of Investments

14		Financial Statements

17		Financial Highlights

18		Notes to Financial Statements

23		Fund Expenses

24		Proxy Results

Investor Class shares of each Fund are offered only to certain grandfathered investors. See each Fund’s prospectus for more information.

Beginning in July 2024, amendments adopted by the Securities and Exchange Commission will substantially impact the design, content, and delivery of shareholder reports. These newly designed shareholder reports will highlight key fund information in a clear and concise format and must be mailed to each shareholder that has not elected to receive the reports electronically. Other information, including financial statements, will no longer be included in the shareholder report but will be available at invesco.com/reports, delivered upon request, and filed on a semi-annual basis on Form N-CSR.

If you would like to receive shareholder reports and other communications electronically instead of by mail, you may make that request by contacting your financial intermediary (such as a broker-dealer or bank) or, if you are a direct investor, by enrolling at invesco.com/ edelivery. If you do not make this request or enroll in e-delivery, you will receive future shareholder reports and other communications by mail.

This report must be accompanied or preceded by a currently effective Fund prospectus, which contains more complete information, including fees and expenses. Investors should read it carefully before investing.

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data



Investor Class data as of 2/29/24

FUND	WEIGHTED AVERAGE MATURITY		WEIGHTED AVERAGE LIFE	TOTAL NET ASSETS
	Range During Reporting Period	At Reporting Period End	At Reporting Period End
Invesco Premier¹	31 - 52 days	33 days	76 days		$137.5 million
Invesco Premier U.S. Government Money²	14 - 38 days	29 days	111 days		393.3 million

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes. Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.

You could lose money by investing in the Fund. Although the Fund seeks to preserve your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.

You could lose money by investing in the Fund. Although the Fund seeks to preserve your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.

Investor Class shares of each Fund are offered only to certain grandfathered investors. See each Fund’s prospectus for more information.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


	Interest Rate	Maturity Date		Principal Amount (000)		Value
Commercial Paper-46.39%^(a)

Asset Management & Custody Banks-0.38%

BofA Securities, Inc. (SOFR + 0.49%)^(b)	5.89%		11/29/2024	$	25,000	$ 25,000,000

Asset-Backed Securities - Consumer Receivables-0.52%

Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)	5.41%		09/06/2024		10,000	9,727,000

Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)	5.76%		11/22/2024		25,000	23,993,264

						33,720,264

Asset-Backed Securities - Fully Supported-1.30%

Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)	5.52%		03/11/2024		35,000	35,000,000

Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)	5.47%		05/22/2024		250	250,000

Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)	5.81%		05/13/2024		50,000	49,428,167

						84,678,167

Asset-Backed Securities - Fully Supported Bank-5.94%

Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)	5.50%		07/10/2024		80,000	80,000,000

Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)	5.49%		07/22/2024		40,000	40,000,000

Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)	5.85%		08/02/2024		110,000	107,364,889

Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)	5.36%		03/06/2024		160,000	159,881,111

						387,246,000

Consumer Finance-0.76%

Toyota Finance Australia Ltd. (Australia)^(d)	5.48%		05/22/2024		50,000	49,383,861

Diversified Banks-27.90%

Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)	5.65%		05/24/2024		49,000	48,371,738

Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)	5.40%		07/15/2024		50,000	49,012,111

Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)	5.36%		09/18/2024		25,000	24,281,146

Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)	5.59%		10/30/2024		25,000	25,000,000

Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)	5.74%		01/08/2025		50,000	50,000,000

Banco Santander S.A. (Spain)^(c)(d)	5.71%		04/16/2024		50,000	49,643,500

Bank of Montreal (Canada)^(d)	5.60%		03/01/2024		10,000	10,000,000

Barclays Bank PLC^(c)(d)	5.78%		05/14/2024		50,000	49,422,389

Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)	5.55%		08/23/2024		25,000	25,000,000

BNG Bank N.V. (Netherlands)^(c)(d)	5.34%		03/04/2024		100,000	99,955,667

Canadian Imperial Bank of Commerce (Canada)^(c)(d)	5.33%		03/06/2024		50,000	49,963,056

Canadian Imperial Bank of Commerce^(c)(d)	5.88%		06/17/2024		25,000	24,584,125

Citigroup Global Markets, Inc.^(c)	5.80%		03/25/2024		50,000	49,812,333

Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)	5.93%		10/10/2024		45,000	45,000,000

Commonwealth Bank of Australia (Australia)^(c)(d)	5.95%		10/16/2024		50,000	48,212,528

Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)	5.74%		01/03/2025		100,000	100,000,000

DBS Bank Ltd. (Singapore)^(c)(d)	5.32%		03/14/2024		50,000	49,904,306

Dexia Credit Local S.A. (France)^(c)(d)	5.77%		03/04/2024		40,000	39,981,333

Dexia Credit Local S.A. (France)^(c)(d)	5.85%		05/02/2024		30,000	29,706,533

DNB Bank ASA (Norway)^(c)(d)	5.94%		09/18/2024		45,000	43,593,000

DNB Bank ASA (Norway)^(c)(d)	5.25%		09/24/2024		26,700	25,924,699

DNB Bank ASA (Norway)^(c)(d)	5.97%		10/01/2024		50,000	48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate	Maturity Date		Principal Amount (000)		Value
Diversified Banks-(continued)

ING (US) Funding LLC^(c)(d)	5.82%		05/01/2024	$	40,000	$ 39,617,056

ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)	5.84%		06/13/2024		69,500	69,500,000

ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)	5.71%		02/10/2025		35,000	34,997,752

J.P. Morgan Securities LLC^(c)	6.00%		10/15/2024		50,000	50,000,000

Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)	5.97%		09/23/2024		100,000	100,000,000

Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)	5.79%		05/01/2024		50,000	49,523,014

Svenska Handelsbanken AB (Sweden)^(c)(d)	5.54%		05/22/2024		50,000	49,402,083

Swedbank AB (Sweden)^(d)	5.78%		03/12/2024		65,000	64,888,380

Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)	5.60%		07/31/2024		50,000	50,000,000

Swedbank AB (SOFR + 0.21%)^(b)(d)	5.58%		08/02/2024		50,000	50,000,000

Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)	6.06%		04/11/2024		20,000	20,000,000

Toronto-Dominion Bank (The) (Canada)^(c)(d)	5.19%		12/02/2024		50,000	48,102,500

United Overseas Bank Ltd. (Singapore)^(c)(d)	5.82%		04/16/2024		25,000	24,819,514

Westpac Banking Corp. (Australia)^(c)(d)	5.56%		05/06/2024		50,000	49,516,000

Westpac Banking Corp. (Australia)^(c)(d)	5.93%		09/05/2024		30,000	29,122,667

Westpac Banking Corp. (Australia)^(c)(d)	5.41%		09/11/2024		3,950	3,839,312

Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)	5.93%		10/08/2024		100,000	100,000,000

						1,819,023,381

Diversified Capital Markets-6.00%

Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)	5.73%		10/17/2024		35,000	35,000,000

Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)	5.72%		11/22/2024		15,000	15,000,000

Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)	5.62%		07/31/2024		60,000	60,000,000

Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)	5.62%		07/31/2024		50,000	50,000,000

Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)	5.34%		03/06/2024		47,500	47,464,837

UBS AG (SOFR + 0.44%)^(b)(c)(d)	5.85%		07/26/2024		75,000	75,000,000

UBS AG (SOFR + 0.50%)^(b)(c)(d)	5.91%		08/07/2024		50,000	50,000,000

UBS AG^(c)(d)	5.41%		10/02/2024		30,000	29,068,333

UBS AG (SOFR + 0.25%)^(b)(c)(d)	5.64%		11/22/2024		30,000	30,000,000

						391,533,170

Specialized Finance-3.59%

Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)	5.49%		03/14/2024		75,000	75,000,000

Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)	5.66%		08/02/2024		40,000	40,000,000

CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)	5.73%		01/09/2025		25,000	25,000,000

Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)	5.53%		04/08/2024		15,000	15,000,000

Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)	5.47%		05/13/2024		50,000	50,000,000

Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)	5.76%		08/09/2024		30,000	29,259,400

						234,259,400

Total Commercial Paper (Cost $3,024,844,243)						3,024,844,243

Certificates of Deposit-34.65%

Bank of America N.A. (SOFR + 0.50%)^(b)	5.81%		05/23/2024		50,000	50,000,000

Bank of America N.A. (SOFR + 0.35%)^(b)	5.74%		01/07/2025		50,000	50,000,000

Canadian Imperial Bank of Commerce (Canada)^(d)	5.31%		03/01/2024		172,000	172,000,000

Canadian Imperial Bank of Commerce^(d)	5.60%		05/24/2024		75,000	75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate	Maturity Date	Principal Amount (000)		Value

Cooperatieve Rabobank U.A. (Cayman Islands)^(d)	5.30%	03/01/2024	$	100,000	$ 100,000,000

Cooperatieve Rabobank U.A.^(d)	5.75%	06/17/2024		10,000	10,000,000

Cooperatieve Rabobank U.A.^(d)	5.50%	12/04/2024		22,000	22,009,518

Credit Agricole Corporate and Investment Bank^(d)	5.30%	03/01/2024		158,000	158,000,000

Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)	5.55%	08/14/2024		100,000	100,003,513

DNB Bank ASA^(d)	5.31%	03/01/2024		205,000	205,000,000

DZ Bank AG^(d)	5.30%	03/01/2024		323,000	323,000,000

Mizuho Bank Ltd.^(d)	5.32%	03/01/2024		273,000	273,000,000

Royal Bank of Canada^(d)	5.93%	09/16/2024		25,000	25,000,000

Skandinaviska Enskilda Banken AB^(d)	5.31%	03/01/2024		224,000	224,000,000

Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)	5.61%	08/30/2024		50,000	50,000,000

Svenska Handelsbanken AB^(d)	5.30%	03/01/2024		274,000	274,000,000

Swedbank AB^(d)	5.39%	12/02/2024		50,000	50,000,000

Toronto-Dominion Bank (The) (Canada)^(d)	6.00%	08/15/2024		10,000	10,000,000

Toronto-Dominion Bank (The) (Canada)^(d)	5.95%	09/09/2024		50,000	50,000,000

Toronto-Dominion Bank (The)^(d)	6.00%	09/09/2024		30,000	30,000,000

Toronto-Dominion Bank (The)^(d)	5.67%	09/20/2024		8,719	8,731,439

Total Certificates of Deposit (Cost $2,259,744,470)					2,259,744,470

Variable Rate Demand Notes-1.04%^(e)

Credit Enhanced-1.04%

Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)	5.38%	04/01/2035		6,000	6,000,000

Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB	5.30%	08/01/2045		23,200	23,200,000

Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)	5.92%	04/01/2047		3,800	3,800,000

Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)	5.92%	04/01/2047		23,000	23,000,000

Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)	5.38%	05/01/2037		7,655	7,655,000

Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)	5.44%	01/01/2033		4,100	4,100,000

Total Variable Rate Demand Notes (Cost $67,755,000)					67,755,000

TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)					5,352,343,713

			Repurchase Amount
Repurchase Agreements-17.17%^(g)

BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% - 13.34%; 03/08/2024 - 02/25/2069)^(d)(h)	5.45%	03/06/2024		35,037,090	35,000,000

BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% - 9.95%; 03/08/2024 - 04/20/2072)^(d)(h)	5.42%	03/06/2024		80,084,311	80,000,000

BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)	5.46%	03/01/2024		70,074,317	70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate			Maturity Date		Repurchase Amount		Value

BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)		5.40	%		03/01/2024	$	150,157,500	$150,000,000

BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)		5.36	%		03/01/2024		100,014,889	100,000,000

BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% - 8.58%; 03/05/2024 - 02/15/2119)^(h)		5.40	%		03/01/2024		120,018,000	120,000,000

Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)		5.41	%		03/01/2024		30,130,725	30,000,000

ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)		5.39	%		03/01/2024		100,014,972	100,000,000

J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 - 07/22/2062)^(j)		5.61	%		03/01/2024		110,497,689	110,000,000

RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 - 01/18/2082)^(d)(h)		5.50	%		03/05/2024		25,026,736	25,000,000

Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)		5.49	%		03/01/2024		28,004,270	28,000,000

Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31	%		03/01/2024		196,952,920	196,923,874

TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)		5.40	%		03/01/2024		75,078,750	75,000,000

Total Repurchase Agreements (Cost $1,119,923,874)								1,119,923,874

TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)								6,472,267,587

OTHER ASSETS LESS LIABILITIES-0.75%								48,864,919

NET ASSETS-100.00%								$6,521,132,506

Investment Abbreviations:



CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at February 29, 2024 was $2,673,212,602, which represented 40.99% of the Fund’s Net Assets.

^(d)

The security is credit guaranteed, enhanced or has credit risk by a foreign entity. The foreign credit exposure to countries other than the United States of America (as a percentage of net assets) is summarized as follows: Canada: 19.4%; Sweden: 13.9%; France: 13.0%; Australia: 8.8%; New Zealand: 7.3%; Japan: 5.4%;Norway: 5%; Germany: 5%; other countries less than 5% each:7.7%.

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7			51.3%
8-30			4.2
31-60			1.7
61-90			9.1
91-180			14.2
181+			19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio


	Interest Rate		Maturity Date		Principal Amount (000)		Value


U.S. Treasury Securities-15.51%

U.S. Treasury Bills-1.45%^(a)
U.S. Treasury Bills		5.04%-5.11%		11/29/2024	$	175,000	$	168,607,250


U.S. Treasury Bills		4.79%-4.81%		01/23/2025		108,000		103,491,093


								272,098,343



U.S. Treasury Floating Rate Notes-8.59%
U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.14%)^(b)		5.47%		10/31/2024		323,000		322,855,724


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.17%)^(b)		5.42%		04/30/2025		225,000		224,998,084


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.13%)^(b)		5.53%		07/31/2025		910,000		909,307,621


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.17%)^(b)		5.50%		10/31/2025		50,000		50,000,000


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.25%)^(b)		5.55%		01/31/2026		100,000		100,076,216


								1,607,237,645



U.S. Treasury Notes-5.47%
U.S. Treasury Notes		2.50%		04/30/2024		150,000		149,447,342


U.S. Treasury Notes		0.38%		08/15/2024		550,000		537,525,850


U.S. Treasury Notes		1.50%		10/31/2024		125,000		122,189,229


U.S. Treasury Notes		0.75%		11/15/2024		28,000		27,166,969


U.S. Treasury Notes		2.25%		11/15/2024		190,000		186,322,712


								1,022,652,102


Total U.S. Treasury Securities (Cost $2,901,988,090)								2,901,988,090



U.S. Government Sponsored Agency Securities-12.59%

Federal Farm Credit Bank (FFCB)-4.07%
Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		04/25/2024		9,500		9,500,000


Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		05/09/2024		15,000		15,000,000


Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		05/24/2024		12,000		12,000,000


Federal Farm Credit Bank (SOFR + 0.06%)^(b)		5.37%		08/27/2024		4,000		4,000,000


Federal Farm Credit Bank (SOFR + 0.08%)^(b)		5.39%		11/22/2024		20,000		20,000,000


Federal Farm Credit Bank (SOFR + 0.08%)^(b)		5.39%		12/30/2024		47,000		47,000,000


Federal Farm Credit Bank (SOFR + 0.09%)^(b)		5.40%		03/07/2025		30,000		30,000,000


Federal Farm Credit Bank (SOFR + 0.12%)^(b)		5.43%		05/30/2025		5,000		5,000,000


Federal Farm Credit Bank (SOFR + 0.11%)^(b)		5.42%		06/13/2025		25,000		25,000,000


Federal Farm Credit Bank (SOFR + 0.13%)^(b)		5.44%		06/27/2025		47,000		47,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		07/07/2025		125,000		125,125,596


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		08/04/2025		5,000		5,004,399


Federal Farm Credit Bank (SOFR + 0.13%)^(b)		5.44%		08/13/2025		18,000		18,000,000


Federal Farm Credit Bank (SOFR + 0.14%)^(b)		5.45%		08/22/2025		50,000		50,000,000


Federal Farm Credit Bank (SOFR + 0.09%)^(b)		5.40%		09/22/2025		100,000		100,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		11/28/2025		30,000		30,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		12/01/2025		15,000		15,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46%		12/15/2025		20,000		20,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46%		12/29/2025		45,000		45,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate			Maturity Date		Principal Amount (000)		Value


Federal Farm Credit Bank (FFCB)-(continued)
Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47	%		01/23/2026	$	40,000	$	40,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46	%		01/29/2026		90,000		90,000,000


Federal Farm Credit Bank (SOFR + 0.14%)^(b)		5.45	%		01/30/2026		10,000		10,000,000


									762,629,995



Federal Home Loan Bank (FHLB)-8.19%
Federal Home Loan Bank (SOFR + 0.07%)^(b)		5.38	%		06/17/2024		150,000		150,000,000


Federal Home Loan Bank		5.50	%		08/12/2024		94,000		93,984,514


Federal Home Loan Bank		5.50	%		08/12/2024		21,000		20,996,492


Federal Home Loan Bank		5.59	%		09/27/2024		276,500		276,500,000


Federal Home Loan Bank^(a)		5.27	%		11/01/2024		81,000		78,232,725


Federal Home Loan Bank^(a)		4.86	%		01/10/2025		75,000		71,948,437


Federal Home Loan Bank		5.03	%		01/10/2025		200,000		200,000,000


Federal Home Loan Bank^(a)		5.00	%		02/10/2025		100,000		95,425,112


Federal Home Loan Bank (SOFR + 0.09%)^(b)		5.40	%		07/16/2025		25,000		25,000,000


Federal Home Loan Bank (SOFR + 0.14%)^(b)		5.45	%		08/22/2025		30,000		30,000,000


Federal Home Loan Bank (SOFR + 0.10%)^(b)		5.41	%		09/19/2025		25,000		25,000,000


Federal Home Loan Bank (SOFR + 0.10%)^(b)		5.41	%		09/22/2025		100,000		100,000,000


Federal Home Loan Bank (SOFR + 0.15%)^(b)		5.46	%		12/08/2025		50,000		50,000,000


Federal Home Loan Bank (SOFR + 0.15%)^(b)		5.46	%		12/11/2025		15,000		15,000,000


Federal Home Loan Bank (SOFR + 0.19%)^(b)		5.50	%		01/14/2026		100,000		100,000,000


Federal Home Loan Bank (SOFR + 0.13%)^(b)		5.44	%		02/09/2026		200,000		200,000,000


									1,532,087,280



U.S. International Development Finance Corp. (DFC)-0.33%^(c)
U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		06/15/2025		3,600		3,600,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		09/15/2025		1,105		1,105,263


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		11/15/2025		2,947		2,947,368


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.49	%		09/15/2026		2,292		2,291,667


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		09/15/2026		2,750		2,750,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		12/15/2026		1,800		1,800,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		06/20/2027		3,500		3,499,987


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		06/20/2027		2,333		2,333,325


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		02/15/2028		4,444		4,444,445


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		06/20/2028		8,308		8,307,692


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate + 0.07%)		5.50	%		08/15/2029		9,167		9,166,667


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		03/15/2030		15,179		15,178,571

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate			Maturity Date		Principal Amount (000)		Value


U.S. International Development Finance Corp. (DFC)^(c)-(continued)
U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50	%		10/15/2030	$	3,750	$	3,750,000


									61,174,985


Total U.S. Government Sponsored Agency Securities (Cost $2,355,892,260)									2,355,892,260


TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-28.10% (Cost $5,257,880,350)									5,257,880,350



						Repurchase Amount
Repurchase Agreements-71.84%^(d)
Bank of Nova Scotia, joint agreement dated 02/29/2024, aggregate maturing value of $1,400,206,889 (collateralized by agency mortgage-backed securities, U.S. government sponsored agency obligations and U.S. Treasury obligations valued at $1,428,000,033; 0.13% - 7.50%; 04/15/2024 - 02/01/2054)		5.32	%		03/01/2024		570,084,233		570,000,000


Bank of Nova Scotia, joint agreement dated 02/29/2024, aggregate maturing value of $500,073,750 (collateralized by U.S. Treasury obligations valued at $510,000,026; 0.00% - 5.25%; 03/15/2024 - 02/15/2054)		5.31	%		03/01/2024		350,051,625		350,000,000


BMO Capital Markets Corp., joint agreement dated 02/29/2024, aggregate maturing value of $750,110,833 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,010; 0.00% - 7.00%; 03/25/2024 - 05/20/2072)		5.32	%		03/01/2024		210,031,033		210,000,000


BMO Capital Markets Corp., joint term agreement dated 02/01/2024, aggregate maturing value of $252,225,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $255,000,007; 0.25% - 7.00%; 03/25/2024 - 12/20/2071)^(e)		5.34	%		04/01/2024		126,112,500		125,000,000


BNP Paribas Securities Corp., joint term agreement dated 01/26/2024, aggregate maturing value of $2,075,985,000 (collateralized by agency mortgage-backed securities, a U.S. government sponsored agency obligation and U.S. Treasury obligations valued at $2,040,000,000; 0.00% - 7.50%; 04/30/2024 - 11/20/2063)^(e)		5.01	%		10/28/2024		622,795,500		600,000,000


BNP Paribas Securities Corp., joint term agreement dated 01/30/2024, aggregate maturing value of $4,000,000,000 (collateralized by U.S. Treasury obligations valued at $4,080,000,235; 0.00% - 6.13%; 03/21/2024 - 05/15/2053)^(e)(f)		5.43	%		03/01/2024		600,090,500		600,000,000


BNP Paribas Securities Corp., joint term agreement dated 02/08/2024, aggregate maturing value of $1,400,000,000 (collateralized by U.S. Treasury obligations valued at $1,428,000,308; 0.00% - 5.35%; 04/02/2024 - 02/15/2051)^(e)(f)		5.44	%		03/01/2024		200,030,222		200,000,000


BofA Securities, Inc., joint term agreement dated 02/12/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,130; 0.00% - 4.88%; 03/07/2024 - 02/15/2054)^(e)(f)		5.35	%		03/01/2024		200,029,722		200,000,000


BofA Securities, Inc., joint term agreement dated 02/21/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,413; 0.00% - 5.00%; 04/18/2024 - 08/15/2053)^(e)(f)		5.36	%		03/01/2024		150,022,333		150,000,000


BofA Securities, Inc., joint term agreement dated 02/21/2024, aggregate maturing value of $1,500,000,000 (collateralized by agency mortgage-backed securities valued at $1,530,000,000; 1.25% - 9.97%; 03/25/2027 - 01/20/2073)^(e)(f)		5.38	%		03/01/2024		250,037,361		250,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by agency mortgage-backed securities valued at $1,020,000,000; 1.25% - 6.87%; 06/15/2029 - 10/20/2072)^(e)(f)		5.37	%		03/01/2024		220,032,817		220,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate			Maturity Date		Repurchase Amount		Value


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,153; 0.00% - 5.56%; 04/30/2024 - 05/15/2050)^(e)(f)		5.36	%		03/01/2024	$	200,029,778	$	200,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,180; 2.00% - 4.13%; 05/31/2024 - 05/15/2049)^(e)(f)		5.36	%		03/01/2024		220,032,756		220,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $750,000,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,004; 0.00% - 6.42%; 03/07/2024 - 04/20/2068)^(e)(f)		5.36	%		03/01/2024		250,037,222		250,000,000


BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(e)(f)		5.36	%		03/01/2024		70,010,422		70,000,000


CIBC World Markets Corp., joint term agreement dated 02/13/2024, aggregate maturing value of $505,848,194 (collateralized by agency mortgage-backed securities valued at $510,000,001; 2.00% - 6.50%; 05/01/2028 - 04/01/2059)^(e)		5.33	%		05/02/2024		106,228,121		105,000,000


CIBC World Markets Corp., joint term agreement dated 02/20/2024, aggregate maturing value of $453,864,250 (collateralized by agency mortgage-backed securities valued at $459,000,001; 2.00% - 7.00%; 06/01/2028 - 04/01/2059)^(e)		5.33	%		04/18/2024		75,644,042		75,000,000


CIBC World Markets Corp., joint term agreement dated 12/13/2023, aggregate maturing value of $261,489,092 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $263,160,738; 0.00% - 7.00%; 03/31/2024 - 02/01/2054)^(e)		5.35	%		03/13/2024		157,096,160		155,000,000


Citigroup Global Markets, Inc., joint agreement dated 02/29/2024, aggregate maturing value of $500,073,889 (collateralized by U.S. Treasury obligations valued at $510,000,000; 0.00%; 05/15/2024 - 11/15/2053)		5.32	%		03/01/2024		100,014,778		100,000,000


Citigroup Global Markets, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $1,201,243,667 (collateralized by agency mortgage-backed securities valued at $1,224,000,482; 1.50% - 6.00%; 01/20/2051 - 02/20/2054)^(e)		5.33	%		03/07/2024		245,253,915		245,000,000


Citigroup Global Markets, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $9,009,310,000 (collateralized by U.S. Treasury obligations valued at $9,180,000,069; 0.13% - 6.00%; 12/31/2025 - 12/31/2026)^(e)		5.32	%		03/07/2024		500,517,222		500,000,000


Credit Agricole Corporate & Investment Bank, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,500 (collateralized by U.S. Treasury obligations valued at $1,020,000,020; 0.75% - 4.88%; 04/30/2026 - 05/15/2032)		5.31	%		03/01/2024		200,029,500		200,000,000


Credit Agricole Corporate & Investment Bank, joint agreement dated 02/29/2024, aggregate maturing value of $360,053,100 (collateralized by U.S. Treasury obligations valued at $367,200,045; 3.50% - 4.13%; 02/15/2027 - 01/31/2030)		5.31	%		03/01/2024		100,014,750		100,000,000


Federal Reserve Bank of New York, joint agreement dated 02/29/2024, aggregate maturing value of $5,900,868,611 (collateralized by U.S. Treasury obligations valued at $5,900,868,702; 0.38% - 3.13%; 07/15/2024 - 02/15/2032)		5.30	%		03/01/2024		900,132,500		900,000,000


Fixed Income Clearing Corp. - Bank of New York Mellon (The), joint agreement dated 02/29/2024, aggregate maturing value of $7,001,030,556 (collateralized by U.S. Treasury obligations valued at $7,140,000,174; 0.13% - 4.50%; 04/15/2024 - 02/15/2049)		5.30	%		03/01/2024		1,600,235,556		1,600,000,000


ING Financial Markets, LLC, joint term agreement dated 02/01/2024, aggregate maturing value of $755,471,667 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,015; 1.50% - 7.00%; 01/01/2028 - 09/01/2057)		5.36	%		03/21/2024		100,729,556		100,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate			Maturity Date		Repurchase Amount		Value


ING Financial Markets, LLC, term agreement dated 02/28/2024, maturing value of $200,206,889 (collateralized by agency mortgage-backed securities and a U.S. Treasury obligation valued at $204,000,071; 1.50% - 8.00%; 09/30/2029 - 07/01/2056)^(e)		5.32	%		03/06/2024	$	200,206,889	$	200,000,000


J.P. Morgan Securities LLC, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,778 (collateralized by agency mortgage-backed securities valued at $1,020,000,000; 1.50% - 7.50%; 12/01/2026 - 09/01/2061)		5.32	%		03/01/2024		250,036,944		250,000,000


J.P. Morgan Securities LLC, joint open agreement dated 05/02/2023 (collateralized by agency mortgage-backed securities valued at $918,000,002; 2.25% - 6.62%; 10/25/2032 - 08/20/2063)^(g)		5.31	%		03/01/2024		65,278,381		65,000,000


Metropolitan Life Insurance Co., joint term agreement dated 02/28/2024, aggregate maturing value of $350,364,421 (collateralized by U.S. Treasury obligations valued at $363,737,217; 0.00%; 02/15/2043 - 08/15/2046)^(e)		5.32	%		03/06/2024		40,041,991		40,000,612


Mitsubishi UFJ Trust & Banking Corp., joint term agreement dated 02/01/2024, aggregate maturing value of $956,904,917 (collateralized by U.S. Treasury obligations valued at $969,000,769; 0.00% - 5.35%; 03/12/2024 - 05/15/2051)		5.34	%		03/21/2024		50,363,417		50,000,000


Mitsubishi UFJ Trust & Banking Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $1,777,928,217 (collateralized by U.S. Treasury obligations valued at $1,820,962,577; 0.25% - 4.00%; 08/31/2025 - 08/15/2043)^(e)		5.33	%		03/06/2024		48,087,286		48,037,500


RBC Dominion Securities Inc., joint term agreement dated 02/14/2024, aggregate maturing value of $4,524,075,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $4,590,000,000; 0.00% - 7.50%; 05/01/2025 - 02/01/2054)^(e)		5.35	%		03/21/2024		804,280,000		800,000,000


Royal Bank of Canada, joint term agreement dated 01/29/2024, aggregate maturing value of $503,849,444 (collateralized by U.S. Treasury obligations valued at $510,000,069; 1.25% - 4.13%; 12/31/2027 - 06/30/2029)^(e)		5.33	%		03/21/2024		251,924,722		250,000,000


Royal Bank of Canada, joint term agreement dated 01/31/2024, aggregate maturing value of $2,383,580,694 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $2,413,320,003; 0.63% - 7.00%; 06/30/2026 - 12/20/2063)^(e)		5.35	%		03/21/2024		767,662,083		762,000,000


Societe Generale, joint agreement dated 02/29/2024, aggregate maturing value of $500,073,889 (collateralized by agency mortgage-backed securities valued at $510,000,000; 2.00% - 6.50%; 01/20/2026 - 10/01/2053)		5.32	%		03/01/2024		410,060,589		410,000,000


Standard Chartered Bank, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,778 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $1,020,150,805; 1.50% - 7.65%; 05/01/2025 - 03/01/2054)		5.32	%		03/01/2024		660,097,533		660,000,000


Sumitomo Mitsui Banking Corp., agreement dated 02/29/2024, maturing value of $500,073,889 (collateralized by agency mortgage-backed securities valued at $512,024,571; 2.00% - 6.50%; 07/20/2046 - 01/01/2054)		5.32	%		03/01/2024		500,073,889		500,000,000


Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31	%		03/01/2024		109,107,399		109,091,308


TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $500,517,222 (collateralized by agency mortgage-backed securities valued at $510,000,001; 1.50% - 7.50%; 05/01/2024 - 03/01/2054)^(e)		5.32	%		03/01/2024		310,320,678		310,000,000


Wells Fargo Securities, LLC, joint term agreement dated 01/30/2024, aggregate maturing value of $2,214,873,806 (collateralized by agency mortgage-backed securities valued at $2,228,700,000; 1.50% - 8.00%; 06/01/2024 - 09/01/2057)		5.35	%		05/01/2024		405,468,889		400,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate			Maturity Date		Repurchase Amount		Value


Wells Fargo Securities, LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $506,725,000 (collateralized by agency mortgage-backed securities valued at $510,000,000; 2.00% - 7.00%; 01/01/2030 - 01/01/2059)		5.38	%		05/23/2024	$	111,479,500	$	110,000,000


Wells Fargo Securities, LLC, joint term agreement dated 12/08/2023, aggregate maturing value of $623,348,625 (collateralized by agency mortgage-backed securities valued at $627,300,000; 1.50% - 8.50%; 11/01/2024 - 05/01/2058)^(e)		5.43	%		03/07/2024		187,511,375		185,000,000


Total Repurchase Agreements (Cost $13,444,129,420)									13,444,129,420


TOTAL INVESTMENTS IN SECURITIES^(h)-99.94% (Cost $18,702,009,770)									18,702,009,770


OTHER ASSETS LESS LIABILITIES-0.06%									11,938,021


NET ASSETS-100.00%								$	18,713,947,791

Investment Abbreviations:


SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(d)	Principal amount equals value at period end. See Note 1I.

^(e)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

^(f)	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(g)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(h)	Also represents cost for federal income tax purposes.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7			68.4%


8-30			0.8


31-60			0.1


61-90			3.7


91-180			4.3


181+			22.7

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Assets and Liabilities

February 29, 2024

(Unaudited)


			Invesco Premier
	Invesco Premier		U.S. Government
	Portfolio		Money Portfolio

Assets:
Investments in unaffiliated securities, at value	$	5,352,343,713	$	5,257,880,350

Repurchase agreements, at value and cost		1,119,923,874		13,444,129,420

Cash		-		420,021

Receivable for:
Fund shares sold		39,640,419		20,411

Interest		16,931,988		51,872,162

Investment for trustee deferred compensation and retirement plans		689,415		164,807

Other assets		131		146

Total assets		6,529,529,540		18,754,487,317


Liabilities:

Payable for:
Fund shares reacquired		4,380,284		3,417,524

Amount due custodian		4,419		-

Dividends		2,406,060		34,314,192

Accrued fees to affiliates		915,928		2,643,003

Accrued operating expenses		928		-

Trustee deferred compensation and retirement plans		689,415		164,807

Total liabilities		8,397,034		40,539,526

Net assets applicable to shares outstanding	$	6,521,132,506	$	18,713,947,791


Net assets consist of:

Shares of beneficial interest	$	6,521,007,342	$	18,713,479,284

Distributable earnings (loss)		125,164		468,507

	$	6,521,132,506	$	18,713,947,791


Net Assets:

Investor Class	$	137,536,091	$	393,266,286

Institutional Class	$	6,371,570,327	$	18,320,681,505

Private Investment Class	$	25,885	$	-

Personal Investment Class	$	11,314,290	$	-

Reserve Class	$	10,927	$	-

Resource Class	$	674,986	$	-


Shares outstanding, no par value, unlimited number of shares authorized:

Investor Class		137,518,736		393,243,742

Institutional Class		6,371,135,753		18,319,598,119

Private Investment Class		25,882		-

Personal Investment Class		11,313,673		-

Reserve Class		10,926		-

Resource Class		674,907		-

Net asset value, offering and redemption price per share for each class	$	1.00	$	1.00

Cost of Investments	$	6,472,267,587	$	18,702,009,770

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Operations

For the six months ended February 29, 2024

(Unaudited)


				Invesco Premier
	Invesco Premier			U.S. Government
	Portfolio			Money Portfolio

Investment income:
Interest	$	161,816,767		$	528,699,615


Expenses:
Advisory fees		7,224,222			24,334,080

Distribution fees:
Private Investment Class		38			-

Personal Investment Class		23,721			-

Reserve Class		47			-

Resource Class		529			-

Professional services fees		3,390			13,532

Total expenses		7,251,947			24,347,612

Less: Fees waived		(2,022,782	)		(6,813,539	)

Net expenses		5,229,165			17,534,073

Net investment income		156,587,602			511,165,542

Net realized gain from unaffiliated investment securities		20,583			561,487

Net increase in net assets resulting from operations	$	156,608,185		$	511,727,029

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


							Invesco Premier U.S. Government
	Invesco Premier Portfolio						Money Portfolio
	February 29,			August 31,			February 29,			August 31,
	2024			2023			2024			2023

Operations:

Net investment income	$	156,587,602		$	155,276,607		$	511,165,542		$	750,648,316

Net realized gain (loss)		20,583			(985	)		561,487			693,010

Net increase in net assets resulting from operations		156,608,185			155,275,622			511,727,029			751,341,326


Distributions to shareholders from distributable earnings:

Investor Class		(4,194,120	)		(4,607,779	)		(9,844,362	)		(8,381,150	)

Institutional Class		(152,164,761	)		(150,314,419	)		(501,321,180	)		(742,267,166	)

Private Investment Class		(650	)		(1,014	)		-			-

Personal Investment Class		(210,413	)		(297,098	)		-			-

Reserve Class		(244	)		(371	)		-			-

Resource Class		(17,414	)		(55,926	)		-			-

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)		(511,165,542	)		(750,648,316	)


Share transactions-net:

Investor Class		(20,937,707	)		115,463,526			51,523,609			290,330,903

Institutional Class		1,596,827,057			3,032,288,022			(638,095,643	)		9,023,822,566

Private Investment Class		759			945			-			-

Personal Investment Class		4,209,153			(553,384	)		-			-

Reserve Class		286			343			-			-

Resource Class		20,322			(2,191,285	)		-			-

Net increase (decrease) in net assets resulting from share transactions		1,580,119,870			3,145,008,167			(586,572,034	)		9,314,153,469

Net increase (decrease) in net assets		1,580,140,453			3,145,007,182			(586,010,547	)		9,314,846,479


Net assets:

Beginning of period		4,940,992,053			1,795,984,871			19,299,958,338			9,985,111,859

End of period	$	6,521,132,506		$	4,940,992,053		$	18,713,947,791		$	19,299,958,338

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Funds outstanding throughout the periods indicated.

Investor Class


	Net asset value, beginning of period		Net investment income^(a)		Net gains (losses) on securities (realized)			Total from investment operations		Dividends from net investment income			Net asset value, end of period		Total return^(b)			Net assets, end of period (000’s omitted)		Ratio of expenses to average net assets with fee waivers and/or expense reimbursements			Ratio of expenses to average net assets without fee waivers and/or expense reimbursements			Ratio of net investment income to average net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$1.00		$0.03		$ 0.00			$0.03		$(0.03	)		$1.00		2.73	%		$137,536		0.18	%^(c)		0.25	%^(c)		5.42	%^(c)
Year ended 08/31/23		1.00		0.04		(0.00	)		0.04		(0.04	)		1.00		4.49			158,473		0.18			0.25			4.62
Year ended 08/31/22		1.00		0.01		0.00			0.01		(0.01	)		1.00		0.51			43,003		0.18			0.25			0.61
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00	)		1.00		0.07			45,025		0.18			0.25			0.07
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01	)		1.00		1.20			93,923		0.18			0.25			1.22
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02	)		1.00		2.37			60,340		0.18			0.25			2.37
Invesco Premier U.S. Government Money Portfolio
Six months ended 02/29/24		1.00		0.03		0.00			0.03		(0.03	)		1.00		2.64			393,266		0.18	^(c)		0.25	^(c)		5.25	^(c)
Year ended 08/31/23		1.00		0.04		0.00			0.04		(0.04	)		1.00		4.38			341,727		0.18			0.25			4.42
Year ended 08/31/22		1.00		0.00		(0.00	)		0.00		(0.00	)		1.00		0.45			51,389		0.14			0.25			0.59
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00	)		1.00		0.01			39,160		0.12			0.25			0.01
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01	)		1.00		0.93			48,190		0.18			0.25			0.83
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02	)		1.00		2.21			32,557		0.18			0.25			2.21

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust) (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end series diversified management investment company. The Trust is organized as a Delaware statutory trust. The Funds covered in this report are Invesco Premier Portfolio and Invesco Premier U.S. Government Money Portfolio (collectively, the “Funds”). The assets, liabilities and operations of each portfolio are accounted for separately. Information presented in these financial statements pertains only to the Funds. Matters affecting each Fund or class will be voted on exclusively by the shareholders of such portfolio or class.

Invesco Premier Portfolio’s investment objective is to provide current income consistent with preservation of capital and liquidity. Invesco Premier U.S. Government Money Portfolio’s investment objective is a high level of current income consistent with the preservation of capital and the maintenance of liquidity.

Invesco Premier Portfolio currently consists of six classes of shares: Investor Class, Institutional Class, Private Investment Class, Personal Investment Class, Reserve Class and Resource Class. Invesco Premier U.S. Government Money Portfolio currently consists of two classes of shares: Investor Class and Institutional Class. Investor Class shares of the Funds are available only to certain investors. Each class of shares is sold at net asset value.

Each Fund is an investment company and accordingly follows the investment company accounting and reporting guidance in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 946, Financial Services – Investment Companies.

Invesco Premier Portfolio, a “retail money market fund” as defined in Rule 2a-7 under the 1940 Act (the “Rule”), and Invesco Premier U.S. Government Money Portfolio, a “government money market fund” as defined in the Rule, seek to maintain a stable or constant NAV of $1.00 per share using an amortized cost method of valuation.

“Retail money market funds” are required to adopt policies and procedures reasonably designed to limit investments in the Fund to accounts beneficially owned by natural persons. “Government money market funds” are required to invest at least 99.5% of their total assets in cash, Government Securities (as defined in the 1940 Act), and/or repurchase agreements collateralized fully by cash or Government Securities.

Invesco Premier Portfolio may impose a fee upon the sale of shares. The Board of Trustees has elected not to subject Invesco Premier U.S. Government Money Portfolio to liquidity fee requirements at this time, as permitted by the Rule.

In July 2023, the U.S. Securities and Exchange Commission adopted amendments to the Rule. These amendments, among other changes, (i) removed redemption gates and removed the tie between weekly liquid asset minimum thresholds and liquidity fees, effective October 2, 2023; and (ii) increased required weekly liquid asset and daily liquid asset minimums, effective April 2, 2024.

The following is a summary of the significant accounting policies followed by the Funds in the preparation of their financial statements.

Security Valuations – Each Fund’s securities are recorded on the basis of amortized cost which approximates value as permitted by the Rule. This method values a security at its cost on the date of purchase and, thereafter, assumes a constant amortization to maturity of any premiums or accretion of any discounts.

Securities for which market quotations are not readily available are fair valued by Invesco Advisers, Inc. (the “Adviser” or “Invesco”) in accordance with Board-approved policies and related Adviser procedures (“Valuation Procedures”). If a fair value price provided by a pricing service is unreliable in the Adviser’s judgment, the Adviser will fair value the security using the Valuation Procedures. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security’s fair value.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

Each Fund may invest in securities that are subject to interest rate risk, meaning the risk that the prices will generally fall as interest rates rise and, conversely, the prices will generally rise as interest rates fall. Specific securities differ in their sensitivity to changes in interest rates depending on their individual characteristics. Changes in interest rates may result in increased market volatility, which may affect the value and/ or liquidity of certain of each Fund’s investments.

Securities Transactions and Investment Income – Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income (net of withholding tax, if any) is recorded on the accrual basis from settlement date and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.

The Funds may periodically participate in litigation related to each Fund’s investments. As such, the Funds may receive proceeds from litigation settlements involving each Fund’s investments. Any proceeds received are included in the Statements of Operations as realized gain (loss) for investments no longer held and as unrealized gain (loss) for investments still held.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized gain (loss) from investment securities reported in the Statements of Operations and the Statements of Changes in Net Assets and the net realized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of each Fund’s net asset value and, accordingly, they reduce each Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statements of Operations and the Statements of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Funds and the investment adviser.

The Funds allocate realized capital gains and losses to a class based on the relative net assets of each class. The Funds allocate income to a class based on the relative settled shares of each class.

C.	Country Determination – For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors


18		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues, the country that has the primary market for the issuer’s securities and its “country of risk” as determined by a third party service provider, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

D.	Distributions – It is the policy of the Funds to declare dividends from net investment income, if any, daily and pay them monthly. Each Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.

Federal Income Taxes – The Funds intend to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), necessary to qualify as a regulated investment company and to distribute substantially all of the Funds’ taxable earnings to shareholders. As such, the Funds will not be subject to federal income taxes on otherwise taxable income (including net realized capital gain) that is distributed to shareholders. Therefore, no provision for federal income taxes is recorded in the financial statements.

The Funds recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained. Management has analyzed each Fund’s uncertain tax positions and concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.

Each Fund files tax returns in the U.S. Federal jurisdiction and certain other jurisdictions. Generally, each Fund is subject to examinations by such taxing authorities for up to three years after the filing of the return for the tax period.

F.	Expenses – Fees provided for under the Rule 12b-1 plan of a particular class of each Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period including estimates and assumptions related to taxation. Actual results could differ from those estimates by a significant amount. In addition, each Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print.

Indemnifications – Under the Trust’s organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of their duties to the Funds. Additionally, in the normal course of business, the Funds enter into contracts, including each Fund’s servicing agreements, that contain a variety of indemnification clauses. Each Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against such Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

Repurchase Agreements – The Funds may enter into repurchase agreements. Collateral on repurchase agreements, including each Fund’s pro-rata interest in joint repurchase agreements, is taken into possession by such Funds upon entering into the repurchase agreement. Collateral consisting of U.S. Government Securities and U.S. Government Sponsored Agency Securities is marked to market daily to ensure its market value is typically at least 102% of the sales price of the repurchase agreement. Collateral consisting of non-government securities is marked to market daily to ensure its market value is typically at least 105% of the sales price of the repurchase agreement. The investments in some repurchase agreements, pursuant to procedures approved by the Board of Trustees, are through participation with other mutual funds, private accounts and certain non-registered investment companies managed by the investment advisor or its affiliates (“Joint repurchase agreements”). The principal amount of the repurchase agreement is equal to the value at period-end. If the seller of a repurchase agreement fails to repurchase the security in accordance with the terms of the agreement, the Funds might incur expenses in enforcing their rights, and could experience losses, including a decline in the value of the collateral and loss of income.

Other Risks – Obligations of U.S. Government agencies and authorities receive varying levels of support and may not be backed by the full faith and credit of the U.S. Government, which could affect a Fund’s ability to recover should they default. No assurance can be given that the U.S. Government will provide financial support to its agencies and authorities if it is not obligated by law to do so.

The effect on performance from investing in securities issued or guaranteed by companies in the banking and financial services industries will depend to a greater extent on the overall condition of those industries. Financial services companies are highly dependent on the supply of short-term financing. The value of securities of issuers in the banking and financial services industry can be sensitive to changes in government regulation and interest rates and to economic downturns in the United States and abroad.

U.S. dollar-denominated securities carrying foreign credit exposure may be affected by unfavorable political, economic or governmental developments that could affect payments of principal and interest.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates

The Trust has entered into a master investment advisory agreement with the Adviser. Under the terms of the investment advisory agreement, each Fund accrues daily and pays monthly an advisory fee to the Adviser at an annual rate of 0.25% of such Fund’s average daily net assets. Pursuant to the master investment advisory agreement, the Adviser bears all expenses incurred by each Fund in connection with its operations, except for (1) interest, taxes and extraordinary items such as litigation costs; (2) brokers’ commissions, issue and transfer taxes, and other costs chargeable to each Fund in connection with securities transactions to which such Fund is a party or in connection with securities owned by such Fund; and (3) other expenditures which are capitalized in accordance with generally accepted accounting principles applicable to investment companies.

Under the terms of a master sub-advisory agreement between the Adviser to Invesco Premier Portfolio and each of Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Hong Kong Limited, Inc., Invesco Senior Secured Management, Inc. and Invesco Canada Ltd. and separate sub-advisory agreements with Invesco Capital Management LLC and Invesco Asset Management (India) Private Limited (collectively, the “Affiliated Sub-Advisers”) the Adviser, not the Fund, will pay 40% of the fees paid to the Adviser to any such Affiliated Sub-Adviser(s) that provide(s) discretionary investment management services to the Fund based on the percentage of assets allocated to such Sub-Adviser(s).


19		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Adviser has contractually agreed, through at least December 31, 2024, to waive advisory fees equal to 0.07% of the average daily net assets of Invesco Premier Portfolio and Invesco Premier U.S. Government Money Portfolio.

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio	$	2,022,782


Invesco Premier U.S. Government Money Portfolio		6,813,539

The Trust has entered into a master administrative services agreement with Invesco to provide accounting services to each Fund. The Trust has also entered into a transfer agency and service agreement with Invesco Investment Services, Inc. (“IIS”) to provide transfer agency and shareholder services to each Fund. Invesco and IIS do not charge the Funds any fees under these agreements. Also, Invesco has entered into a sub-administration agreement whereby The Bank of New York Mellon (“BNY Mellon”) serves as fund accountant and provides certain administrative services to the Funds. Pursuant to a custody agreement with the Trust on behalf of the Funds, BNY Mellon also serves as the Funds’ custodian.

The Trust has entered into master distribution agreements with IDI to serve as the distributor for the Investor Class, Institutional Class, Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares. The Trust has adopted plans pursuant to Rule 12b-1 under the 1940 Act with respect to Invesco Premier Portfolio’s Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares (collectively, the “Plans”). The Fund, pursuant to the Plans, pays IDI compensation at the annual rate of 0.55% of the Fund’s average daily net assets of Personal Investment Class shares, 0.30% of the average daily net assets of Private Investment Class shares, 0.87% of the average daily net assets of Reserve Class shares and 0.16% of the average daily net assets of Resource Class shares. The fees are accrued daily and paid monthly. Of the Plan payments, up to 0.25% of the average daily net assets of each class of shares may be paid to furnish continuing personal shareholder services to customers who purchase and own shares of such class. Any amounts not paid as a service fee under the Plans would constitute an asset-based sales charge. Rules of the Financial Industry Regulatory Authority (“FINRA”) impose a cap on the total sales charges, including asset-based sales charges, that may be paid by any class of shares of the Fund. For the six months ended February 29, 2024, expenses incurred under the plans are shown in the Statement of Operations as Distribution fees.

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3–Additional Valuation Information

GAAP defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:


Level 1 –		Prices are determined using quoted prices in an active market for identical assets.
Level 2 –		Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 –		Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

As of February 29, 2024, all of the securities in each Fund were valued based on Level 2 inputs (see the Schedule of Investments for security categories). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

Remuneration is paid to certain Trustees and Officers of the Trust. Trustees have the option to defer their compensation. Those Trustees who defer compensation have the option to select various Invesco Funds in which their deferral accounts shall be deemed to be invested.

Certain current Trustees were eligible to participate in a retirement plan that provided for benefits to be paid upon retirement to Trustees over a period of time based on the number of years of service. The Funds may have certain former Trustees that also participate in a retirement plan and receive benefits under such plan. Each Fund’s allocable portion of the remuneration paid to the Trustees, including its allocable portion of the fees and benefits of the deferred compensation plan and retirement plan are paid by Invesco and not by the Trust.

NOTE 5–Cash Balances

The Funds are permitted to temporarily overdraft or leave balances in their accounts with BNY Mellon, the custodian bank. Such balances, if any at period-end, are shown in the Statements of Assets and Liabilities under the payable caption Amount due custodian. To compensate BNY Mellon or the Funds for such activity, the Funds may either (1) pay to or receive from BNY Mellon compensation at a rate agreed upon by BNY Mellon and Invesco, not to exceed the contractually agreed upon rate; or (2) leave funds or overdraft funds as a compensating balance in the account so BNY Mellon or the Funds can be compensated for use of funds.

NOTE 6–Tax Information


20		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

carryforward) under income tax regulations. The tax character of distributions paid during the year and the tax components of net assets will be reported at each Fund’s fiscal year-end.

Capital loss carryforward is calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforward actually available for the Funds to utilize. The ability to utilize capital loss carryforwards in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.

The Funds had a capital loss carryforward as of August 31, 2023, as follows:


	Short-Term
Fund	Not Subject to Expiration	Total*


Invesco Premier Portfolio	$ 986	$ 986


Invesco Premier U.S. Government Money Portfolio	225,350	225,350

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity


	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount


Sold:
Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518


Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110


Private Investment Class		109			109			-			-


Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923


Reserve Class		42			42			-			-


Resource Class		2,908			2,908			-			-



Issued as reinvestment of dividends:
Investor Class		3,256,583			3,256,583			3,726,275			3,726,275


Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193


Private Investment Class		650			650			945			945


Personal Investment Class		210,413			210,413			280,128			280,128


Reserve Class		244			244			343			343


Resource Class		17,414			17,414			55,926			55,926



Reacquired:
Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267	)


Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281	)


Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435	)


Resource Class		-			-			(2,247,211	)		(2,247,211	)


Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)

There are entities that are record owners of more than 5% of the outstanding shares of the Fund and in the aggregate own 59% of the outstanding shares of the Fund. IDI has an agreement with these entities to sell Fund shares. The Fund, Invesco and/or Invesco affiliates may make payments to these entities, which are considered to be related to the Fund, for providing services to the Fund, Invesco and/or Invesco affiliates including but not limited to services such as securities brokerage, distribution, third party record keeping and account servicing. The Fund has no knowledge as to whether all or any portion of the shares owned of record by these entities are also owned beneficially.


21		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

NOTE 7–Share Information–(continued)

Invesco Premier U.S. Government Money Portfolio


				Summary of Share Activity


	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount


Sold:
Investor Class		259,520,390		$	259,520,390			606,735,166		$	606,735,166


Institutional Class		27,826,277,923			27,826,277,923			75,897,949,910			75,897,949,910



Issued as reinvestment of dividends:
Investor Class		8,038,631			8,038,631			6,835,954			6,835,954


Institutional Class		325,858,118			325,858,118			318,111,677			318,111,677



Reacquired:
Investor Class		(216,035,412	)		(216,035,412	)		(323,240,217	)		(323,240,217	)


Institutional Class		(28,790,231,684	)		(28,790,231,684	)		(67,192,239,021	)		(67,192,239,021	)


Net increase (decrease) in share activity		(586,572,034	)	$	(586,572,034	)		9,314,153,469		$	9,314,153,469

^(a)

There are entities that are record owners of more than 5% of the outstanding shares of the Fund and in the aggregate own 74% of the outstanding shares of the Fund. IDI has an agreement with these entities to sell Fund shares. The Fund, Invesco and/or Invesco affiliates may make payments to these entities, which are considered to be related to the Fund, for providing services to the Fund, Invesco and/or Invesco affiliates including but not limited to services such as securities brokerage, distribution, third party record keeping and account servicing. The Fund has no knowledge as to whether all or any portion of the shares owned of record by these entities are also owned beneficially.


22		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Investor Class, you incur ongoing costs, such as management fees. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

The table below provides information about actual account values and actual expenses. You may use the information in this table, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Actual Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

Hypothetical example for comparison purposes

The table below also provides information about hypothetical account values and hypothetical expenses based on each Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not each Fund’s actual return.

The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Funds and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only. Therefore, the hypothetical information is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.

HYPOTHETICAL

ACTUAL

(5% annual return before expenses)

Beginning

Ending

Expenses

Ending

Expenses

Annualized

Account Value

Paid During

Account Value

Paid During

Expense

Investor Class

(09/01/23)

(02/29/24)¹

Period²

(02/29/24)

Period²

Ratio

Invesco Premier Portfolio

$1,000.00

$1,027.30

$0.91

$1,023.97

$0.91

0.18%

Invesco Premier U.S. Government Money Portfolio

1,000.00

1,026.40

0.91

1,023.97

0.91

0.18

The actual ending account value is based on the actual total return of the Funds for the period September 1, 2023 through February 29, 2024, after actual expenses and will differ from the hypothetical ending account value which is based on each Fund’s expense ratio and a hypothetical annual return of 5% before expenses.

²	Expenses are equal to each Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


23		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

A Special Joint Meeting (“Meeting”) of Shareholders of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust), a Delaware statutory trust (“Trust”), was held on January 16, 2024. The Meeting was held for the following purpose:

(1)	Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


Matter	Votes For		Votes Against/Withheld
(1)* Beth Ann Brown		16,075,951,959.62		36,872,353.55
Carol Deckbar		16,065,793,461.22		47,030,851.95
Cynthia Hostetler		16,078,784,732.62		34,039,580.55
Dr. Eli Jones		16,074,657,057.61		38,167,255.56
Elizabeth Krentzman		16,068,972,914.62		43,851,398.55
Jeffrey H. Kupor		16,060,460,799.61		52,363,513.56
Anthony J. LaCava, Jr.		16,066,988,626.61		45,835,686.56
James Liddy		16,068,613,660.61		44,210,652.56
Dr. Prema Mathai-Davis		16,065,469,804.96		47,354,508.21
Joel W. Motley		16,059,943,470.21		52,880,842.96
Teresa M. Ressel		16,075,675,425.62		37,148,887.55
Douglas Sharp		16,067,361,330.61		45,462,982.56
Robert C. Troccoli		16,060,594,616.61		52,229,696.56
Daniel S. Vandivort		16,063,429,375.61		49,394,937.56

* Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


24		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(This page intentionally left blank)

LOGO

Go paperless with eDelivery

Visit invesco.com/edelivery to enjoy the convenience and security of anytime electronic access to your investment documents.

With eDelivery, you can elect to have any or all of the following materials delivered straight to your inbox to download, save and print from your own computer:

∎ Fund reports and prospectuses

∎ Quarterly statements

∎ Daily confirmations

∎ Tax forms

Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). Mailing of your shareholder documents may be householded indefinitely unless you instruct us otherwise. If you do not want the mailing of these documents to be combined with those for other members of your household, please contact Invesco Investment Services, Inc. at 800 959 4246 or contact your financial institution. We will begin sending you individual copies for each account within 30 days after receiving your request.

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Client Services department at 800 959 4246, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

Information regarding how the Fund voted proxies related to its portfolio securities during the most recent 12-month period ended June 30 is available at invesco.com/proxysearch. This information is also available on the SEC website, sec.gov.

Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the US distributor for Invesco Ltd.’s retail mutual funds, exchange-traded funds and institutional money market funds. Both are wholly owned, indirect subsidiaries of Invesco Ltd.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-1

LOGO


Semiannual Report to Shareholders		February 29, 2024

Institutional Class

AIM Treasurer’s Series Trust

(Invesco Treasurer’s Series Trust)

Invesco Premier Portfolio

Invesco Premier U.S. Government Money Portfolio


2		Fund Data
3		Schedules of Investments
14		Financial Statements
17		Financial Highlights
18		Notes to Financial Statements
23		Fund Expenses
24		Proxy Results

If you would like to receive shareholder reports and other communications electronically instead of by mail, you may make that request by contacting your financial intermediary (such as a broker-dealer or bank) or, if you are a direct investor, by enrolling at invesco.com/edelivery. If you do not make this request or enroll in e-delivery, you will receive future shareholder reports and other communications by mail.

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data



Institutional Class data as of 2/29/24

FUND	WEIGHTED AVERAGE MATURITY		WEIGHTED AVERAGE LIFE	TOTAL NET ASSETS
	Range During Reporting Period	At Reporting Period End	At Reporting Period End
Invesco Premier¹	31 - 52 days	33 days	76 days	$6.4 billion
Invesco Premier U.S. Government Money²	14 - 38 days	29 days	111 days	18.3 billion

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes. Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


	Interest Rate		Maturity Date		Principal Amount (000)		Value


Commercial Paper-46.39%^(a)
Asset Management & Custody Banks-0.38%
BofA Securities, Inc. (SOFR + 0.49%)^(b)		5.89%		11/29/2024	$	25,000	$	25,000,000



Asset-Backed Securities - Consumer Receivables-0.52%
Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.41%		09/06/2024		10,000		9,727,000


Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.76%		11/22/2024		25,000		23,993,264


								33,720,264



Asset-Backed Securities - Fully Supported-1.30%
Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)		5.52%		03/11/2024		35,000		35,000,000


Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)		5.47%		05/22/2024		250		250,000


Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)		5.81%		05/13/2024		50,000		49,428,167


								84,678,167



Asset-Backed Securities - Fully Supported Bank-5.94%
Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)		5.50%		07/10/2024		80,000		80,000,000


Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)		5.49%		07/22/2024		40,000		40,000,000


Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)		5.85%		08/02/2024		110,000		107,364,889


Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)		5.36%		03/06/2024		160,000		159,881,111


								387,246,000



Consumer Finance-0.76%
Toyota Finance Australia Ltd. (Australia)^(d)		5.48%		05/22/2024		50,000		49,383,861



Diversified Banks-27.90%
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.65%		05/24/2024		49,000		48,371,738


Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.40%		07/15/2024		50,000		49,012,111


Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.36%		09/18/2024		25,000		24,281,146


Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)		5.59%		10/30/2024		25,000		25,000,000


Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)		5.74%		01/08/2025		50,000		50,000,000


Banco Santander S.A. (Spain)^(c)(d)		5.71%		04/16/2024		50,000		49,643,500


Bank of Montreal (Canada)^(d)		5.60%		03/01/2024		10,000		10,000,000


Barclays Bank PLC^(c)(d)		5.78%		05/14/2024		50,000		49,422,389


Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)		5.55%		08/23/2024		25,000		25,000,000


BNG Bank N.V. (Netherlands)^(c)(d)		5.34%		03/04/2024		100,000		99,955,667


Canadian Imperial Bank of Commerce (Canada)^(c)(d)		5.33%		03/06/2024		50,000		49,963,056


Canadian Imperial Bank of Commerce^(c)(d)		5.88%		06/17/2024		25,000		24,584,125


Citigroup Global Markets, Inc.^(c)		5.80%		03/25/2024		50,000		49,812,333


Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/10/2024		45,000		45,000,000


Commonwealth Bank of Australia (Australia)^(c)(d)		5.95%		10/16/2024		50,000		48,212,528


Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)		5.74%		01/03/2025		100,000		100,000,000


DBS Bank Ltd. (Singapore)^(c)(d)		5.32%		03/14/2024		50,000		49,904,306


Dexia Credit Local S.A. (France)^(c)(d)		5.77%		03/04/2024		40,000		39,981,333


Dexia Credit Local S.A. (France)^(c)(d)		5.85%		05/02/2024		30,000		29,706,533


DNB Bank ASA (Norway)^(c)(d)		5.94%		09/18/2024		45,000		43,593,000


DNB Bank ASA (Norway)^(c)(d)		5.25%		09/24/2024		26,700		25,924,699


DNB Bank ASA (Norway)^(c)(d)		5.97%		10/01/2024		50,000		48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value


Diversified Banks-(continued)
ING (US) Funding LLC^(c)(d)		5.82%		05/01/2024	$	40,000	$	39,617,056


ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)		5.84%		06/13/2024		69,500		69,500,000


ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)		5.71%		02/10/2025		35,000		34,997,752


J.P. Morgan Securities LLC^(c)		6.00%		10/15/2024		50,000		50,000,000


Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)		5.97%		09/23/2024		100,000		100,000,000


Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)		5.79%		05/01/2024		50,000		49,523,014


Svenska Handelsbanken AB (Sweden)^(c)(d)		5.54%		05/22/2024		50,000		49,402,083


Swedbank AB (Sweden)^(d)		5.78%		03/12/2024		65,000		64,888,380


Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)		5.60%		07/31/2024		50,000		50,000,000


Swedbank AB (SOFR + 0.21%)^(b)(d)		5.58%		08/02/2024		50,000		50,000,000


Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)		6.06%		04/11/2024		20,000		20,000,000


Toronto-Dominion Bank (The) (Canada)^(c)(d)		5.19%		12/02/2024		50,000		48,102,500


United Overseas Bank Ltd. (Singapore)^(c)(d)		5.82%		04/16/2024		25,000		24,819,514


Westpac Banking Corp. (Australia)^(c)(d)		5.56%		05/06/2024		50,000		49,516,000


Westpac Banking Corp. (Australia)^(c)(d)		5.93%		09/05/2024		30,000		29,122,667


Westpac Banking Corp. (Australia)^(c)(d)		5.41%		09/11/2024		3,950		3,839,312


Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/08/2024		100,000		100,000,000


								1,819,023,381



Diversified Capital Markets-6.00%
Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)		5.73%		10/17/2024		35,000		35,000,000


Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)		5.72%		11/22/2024		15,000		15,000,000


Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		60,000		60,000,000


Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		50,000		50,000,000


Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)		5.34%		03/06/2024		47,500		47,464,837


UBS AG (SOFR + 0.44%)^(b)(c)(d)		5.85%		07/26/2024		75,000		75,000,000


UBS AG (SOFR + 0.50%)^(b)(c)(d)		5.91%		08/07/2024		50,000		50,000,000


UBS AG^(c)(d)		5.41%		10/02/2024		30,000		29,068,333


UBS AG (SOFR + 0.25%)^(b)(c)(d)		5.64%		11/22/2024		30,000		30,000,000


								391,533,170



Specialized Finance-3.59%
Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)		5.49%		03/14/2024		75,000		75,000,000


Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)		5.66%		08/02/2024		40,000		40,000,000


CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)		5.73%		01/09/2025		25,000		25,000,000


Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.53%		04/08/2024		15,000		15,000,000


Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.47%		05/13/2024		50,000		50,000,000


Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)		5.76%		08/09/2024		30,000		29,259,400


								234,259,400


Total Commercial Paper (Cost $3,024,844,243)								3,024,844,243



Certificates of Deposit-34.65%
Bank of America N.A. (SOFR + 0.50%)^(b)		5.81%		05/23/2024		50,000		50,000,000


Bank of America N.A. (SOFR + 0.35%)^(b)		5.74%		01/07/2025		50,000		50,000,000


Canadian Imperial Bank of Commerce (Canada)^(d)		5.31%		03/01/2024		172,000		172,000,000


Canadian Imperial Bank of Commerce^(d)		5.60%		05/24/2024		75,000		75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value


Cooperatieve Rabobank U.A. (Cayman Islands)^(d)		5.30%		03/01/2024	$	100,000	$	100,000,000


Cooperatieve Rabobank U.A.^(d)		5.75%		06/17/2024		10,000		10,000,000


Cooperatieve Rabobank U.A.^(d)		5.50%		12/04/2024		22,000		22,009,518


Credit Agricole Corporate and Investment Bank^(d)		5.30%		03/01/2024		158,000		158,000,000


Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)		5.55%		08/14/2024		100,000		100,003,513


DNB Bank ASA^(d)		5.31%		03/01/2024		205,000		205,000,000


DZ Bank AG^(d)		5.30%		03/01/2024		323,000		323,000,000


Mizuho Bank Ltd.^(d)		5.32%		03/01/2024		273,000		273,000,000


Royal Bank of Canada^(d)		5.93%		09/16/2024		25,000		25,000,000


Skandinaviska Enskilda Banken AB^(d)		5.31%		03/01/2024		224,000		224,000,000


Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)		5.61%		08/30/2024		50,000		50,000,000


Svenska Handelsbanken AB^(d)		5.30%		03/01/2024		274,000		274,000,000


Swedbank AB^(d)		5.39%		12/02/2024		50,000		50,000,000


Toronto-Dominion Bank (The) (Canada)^(d)		6.00%		08/15/2024		10,000		10,000,000


Toronto-Dominion Bank (The) (Canada)^(d)		5.95%		09/09/2024		50,000		50,000,000


Toronto-Dominion Bank (The)^(d)		6.00%		09/09/2024		30,000		30,000,000


Toronto-Dominion Bank (The)^(d)		5.67%		09/20/2024		8,719		8,731,439


Total Certificates of Deposit (Cost $2,259,744,470)								2,259,744,470



Variable Rate Demand Notes-1.04%^(e)
Credit Enhanced-1.04%
Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)		5.38%		04/01/2035		6,000		6,000,000


Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB		5.30%		08/01/2045		23,200		23,200,000


Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		3,800		3,800,000


Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		23,000		23,000,000


Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)		5.38%		05/01/2037		7,655		7,655,000


Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)		5.44%		01/01/2033		4,100		4,100,000


Total Variable Rate Demand Notes (Cost $67,755,000)								67,755,000


TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)								5,352,343,713



					Repurchase Amount

Repurchase Agreements-17.17%^(g)
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% - 13.34%; 03/08/2024 - 02/25/2069)^(d)(h)		5.45%		03/06/2024		35,037,090		35,000,000


BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% - 9.95%; 03/08/2024 - 04/20/2072)^(d)(h)		5.42%		03/06/2024		80,084,311		80,000,000


BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)		5.46%		03/01/2024		70,074,317		70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest	Maturity	Repurchase
	Rate	Date	Amount		Value


BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)	5.40%	03/01/2024	$	150,157,500	$	150,000,000


BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)	5.36%	03/01/2024		100,014,889		100,000,000


BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% - 8.58%; 03/05/2024 - 02/15/2119)^(h)	5.40%	03/01/2024		120,018,000		120,000,000


Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)	5.41%	03/01/2024		30,130,725		30,000,000


ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)	5.39%	03/01/2024		100,014,972		100,000,000


J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 - 07/22/2062)^(j)	5.61%	03/01/2024		110,497,689		110,000,000


RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 - 01/18/2082)^(d)(h)	5.50%	03/05/2024		25,026,736		25,000,000


Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)	5.49%	03/01/2024		28,004,270		28,000,000


Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)	5.31%	03/01/2024		196,952,920		196,923,874


TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)	5.40%	03/01/2024		75,078,750		75,000,000


Total Repurchase Agreements (Cost $1,119,923,874)						1,119,923,874


TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)						6,472,267,587


OTHER ASSETS LESS LIABILITIES-0.75%						48,864,919


NET ASSETS-100.00%					$	6,521,132,506


Investment Abbreviations:

CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

^(d)

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7	51.3	%
8-30	4.2
31-60	1.7
61-90	9.1
91-180	14.2
181+	19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio


	Interest Rate		Maturity Date		Principal Amount (000)		Value


U.S. Treasury Securities-15.51%
U.S. Treasury Bills-1.45%^(a)
U.S. Treasury Bills		5.04%-5.11%		11/29/2024	$	175,000	$	168,607,250


U.S. Treasury Bills		4.79%-4.81%		01/23/2025		108,000		103,491,093


								272,098,343



U.S. Treasury Floating Rate Notes-8.59%
U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.14%)^(b)		5.47%		10/31/2024		323,000		322,855,724


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.17%)^(b)		5.42%		04/30/2025		225,000		224,998,084


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.13%)^(b)		5.53%		07/31/2025		910,000		909,307,621


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.17%)^(b)		5.50%		10/31/2025		50,000		50,000,000


U.S. Treasury Floating Rate Notes (3 mo. U.S. Treasury Bill Money Market Yield Rate + 0.25%)^(b)		5.55%		01/31/2026		100,000		100,076,216


								1,607,237,645



U.S. Treasury Notes-5.47%
U.S. Treasury Notes		2.50%		04/30/2024		150,000		149,447,342


U.S. Treasury Notes		0.38%		08/15/2024		550,000		537,525,850


U.S. Treasury Notes		1.50%		10/31/2024		125,000		122,189,229


U.S. Treasury Notes		0.75%		11/15/2024		28,000		27,166,969


U.S. Treasury Notes		2.25%		11/15/2024		190,000		186,322,712


								1,022,652,102


Total U.S. Treasury Securities (Cost $2,901,988,090)								2,901,988,090



U.S. Government Sponsored Agency Securities-12.59%
Federal Farm Credit Bank (FFCB)-4.07%
Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		04/25/2024		9,500		9,500,000


Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		05/09/2024		15,000		15,000,000


Federal Farm Credit Bank (SOFR + 0.05%)^(b)		5.36%		05/24/2024		12,000		12,000,000


Federal Farm Credit Bank (SOFR + 0.06%)^(b)		5.37%		08/27/2024		4,000		4,000,000


Federal Farm Credit Bank (SOFR + 0.08%)^(b)		5.39%		11/22/2024		20,000		20,000,000


Federal Farm Credit Bank (SOFR + 0.08%)^(b)		5.39%		12/30/2024		47,000		47,000,000


Federal Farm Credit Bank (SOFR + 0.09%)^(b)		5.40%		03/07/2025		30,000		30,000,000


Federal Farm Credit Bank (SOFR + 0.12%)^(b)		5.43%		05/30/2025		5,000		5,000,000


Federal Farm Credit Bank (SOFR + 0.11%)^(b)		5.42%		06/13/2025		25,000		25,000,000


Federal Farm Credit Bank (SOFR + 0.13%)^(b)		5.44%		06/27/2025		47,000		47,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		07/07/2025		125,000		125,125,596


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		08/04/2025		5,000		5,004,399


Federal Farm Credit Bank (SOFR + 0.13%)^(b)		5.44%		08/13/2025		18,000		18,000,000


Federal Farm Credit Bank (SOFR + 0.14%)^(b)		5.45%		08/22/2025		50,000		50,000,000


Federal Farm Credit Bank (SOFR + 0.09%)^(b)		5.40%		09/22/2025		100,000		100,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		11/28/2025		30,000		30,000,000


Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		12/01/2025		15,000		15,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46%		12/15/2025		20,000		20,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46%		12/29/2025		45,000		45,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value


Federal Farm Credit Bank (FFCB)-(continued)
Federal Farm Credit Bank (SOFR + 0.16%)^(b)		5.47%		01/23/2026	$	40,000	$	40,000,000


Federal Farm Credit Bank (SOFR + 0.15%)^(b)		5.46%		01/29/2026		90,000		90,000,000


Federal Farm Credit Bank (SOFR + 0.14%)^(b)		5.45%		01/30/2026		10,000		10,000,000


								762,629,995



Federal Home Loan Bank (FHLB)-8.19%
Federal Home Loan Bank (SOFR + 0.07%)^(b)		5.38%		06/17/2024		150,000		150,000,000


Federal Home Loan Bank		5.50%		08/12/2024		94,000		93,984,514


Federal Home Loan Bank		5.50%		08/12/2024		21,000		20,996,492


Federal Home Loan Bank		5.59%		09/27/2024		276,500		276,500,000


Federal Home Loan Bank^(a)		5.27%		11/01/2024		81,000		78,232,725


Federal Home Loan Bank^(a)		4.86%		01/10/2025		75,000		71,948,437


Federal Home Loan Bank		5.03%		01/10/2025		200,000		200,000,000


Federal Home Loan Bank^(a)		5.00%		02/10/2025		100,000		95,425,112


Federal Home Loan Bank (SOFR + 0.09%)^(b)		5.40%		07/16/2025		25,000		25,000,000


Federal Home Loan Bank (SOFR + 0.14%)^(b)		5.45%		08/22/2025		30,000		30,000,000


Federal Home Loan Bank (SOFR + 0.10%)^(b)		5.41%		09/19/2025		25,000		25,000,000


Federal Home Loan Bank (SOFR + 0.10%)^(b)		5.41%		09/22/2025		100,000		100,000,000


Federal Home Loan Bank (SOFR + 0.15%)^(b)		5.46%		12/08/2025		50,000		50,000,000


Federal Home Loan Bank (SOFR + 0.15%)^(b)		5.46%		12/11/2025		15,000		15,000,000


Federal Home Loan Bank (SOFR + 0.19%)^(b)		5.50%		01/14/2026		100,000		100,000,000


Federal Home Loan Bank (SOFR + 0.13%)^(b)		5.44%		02/09/2026		200,000		200,000,000


								1,532,087,280



U.S. International Development Finance Corp. (DFC)-0.33%^(c)
U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		06/15/2025		3,600		3,600,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		09/15/2025		1,105		1,105,263


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		11/15/2025		2,947		2,947,368


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.49%		09/15/2026		2,292		2,291,667


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		09/15/2026		2,750		2,750,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		12/15/2026		1,800		1,800,000


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		06/20/2027		3,500		3,499,987


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		06/20/2027		2,333		2,333,325


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		02/15/2028		4,444		4,444,445


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		06/20/2028		8,308		8,307,692


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate + 0.07%)		5.50%		08/15/2029		9,167		9,166,667


U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		03/15/2030		15,179		15,178,571

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value


U.S. International Development Finance Corp. (DFC)^(c)-(continued)
U.S. International Development Finance Corp. VRD Bonds (3 mo. U.S. Treasury Bill Rate)		5.50%		10/15/2030	$	3,750	$	3,750,000


								61,174,985


Total U.S. Government Sponsored Agency Securities (Cost $2,355,892,260)								2,355,892,260


TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-28.10% (Cost $5,257,880,350)								5,257,880,350



					Repurchase Amount

Repurchase Agreements-71.84%^(d)
Bank of Nova Scotia, joint agreement dated 02/29/2024, aggregate maturing value of $1,400,206,889 (collateralized by agency mortgage-backed securities, U.S. government sponsored agency obligations and U.S. Treasury obligations valued at $1,428,000,033; 0.13% - 7.50%; 04/15/2024 - 02/01/2054)		5.32%		03/01/2024		570,084,233		570,000,000


Bank of Nova Scotia, joint agreement dated 02/29/2024, aggregate maturing value of $500,073,750 (collateralized by U.S. Treasury obligations valued at $510,000,026; 0.00% - 5.25%; 03/15/2024 - 02/15/2054)		5.31%		03/01/2024		350,051,625		350,000,000


BMO Capital Markets Corp., joint agreement dated 02/29/2024, aggregate maturing value of $750,110,833 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,010; 0.00% - 7.00%; 03/25/2024 - 05/20/2072)		5.32%		03/01/2024		210,031,033		210,000,000


BMO Capital Markets Corp., joint term agreement dated 02/01/2024, aggregate maturing value of $252,225,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $255,000,007; 0.25% - 7.00%; 03/25/2024 - 12/20/2071)^(e)		5.34%		04/01/2024		126,112,500		125,000,000


BNP Paribas Securities Corp., joint term agreement dated 01/26/2024, aggregate maturing value of $2,075,985,000 (collateralized by agency mortgage-backed securities, a U.S. government sponsored agency obligation and U.S. Treasury obligations valued at $2,040,000,000; 0.00% - 7.50%; 04/30/2024 - 11/20/2063)^(e)		5.01%		10/28/2024		622,795,500		600,000,000


BNP Paribas Securities Corp., joint term agreement dated 01/30/2024, aggregate maturing value of $4,000,000,000 (collateralized by U.S. Treasury obligations valued at $4,080,000,235; 0.00% - 6.13%; 03/21/2024 - 05/15/2053)^(e)(f)		5.43%		03/01/2024		600,090,500		600,000,000


BNP Paribas Securities Corp., joint term agreement dated 02/08/2024, aggregate maturing value of $1,400,000,000 (collateralized by U.S. Treasury obligations valued at $1,428,000,308; 0.00% - 5.35%; 04/02/2024 - 02/15/2051)^(e)(f)		5.44%		03/01/2024		200,030,222		200,000,000


BofA Securities, Inc., joint term agreement dated 02/12/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,130; 0.00% - 4.88%; 03/07/2024 - 02/15/2054)^(e)(f)		5.35%		03/01/2024		200,029,722		200,000,000


BofA Securities, Inc., joint term agreement dated 02/21/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,413; 0.00% - 5.00%; 04/18/2024 - 08/15/2053)^(e)(f)		5.36%		03/01/2024		150,022,333		150,000,000


BofA Securities, Inc., joint term agreement dated 02/21/2024, aggregate maturing value of $1,500,000,000 (collateralized by agency mortgage-backed securities valued at $1,530,000,000; 1.25% - 9.97%; 03/25/2027 - 01/20/2073)^(e)(f)		5.38%		03/01/2024		250,037,361		250,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by agency mortgage-backed securities valued at $1,020,000,000; 1.25% - 6.87%; 06/15/2029 - 10/20/2072)^(e)(f)		5.37%		03/01/2024		220,032,817		220,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate	Maturity Date	Repurchase Amount		Value


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,153; 0.00% - 5.56%; 04/30/2024 - 05/15/2050)^(e)(f)	5.36%	03/01/2024	$	200,029,778	$	200,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $1,000,000,000 (collateralized by U.S. Treasury obligations valued at $1,020,000,180; 2.00% - 4.13%; 05/31/2024 - 05/15/2049)^(e)(f)	5.36%	03/01/2024		220,032,756		220,000,000


BofA Securities, Inc., joint term agreement dated 02/26/2024, aggregate maturing value of $750,000,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,004; 0.00% -6.42%; 03/07/2024 - 04/20/2068)^(e)(f)	5.36%	03/01/2024		250,037,222		250,000,000


BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(e)(f)	5.36%	03/01/2024		70,010,422		70,000,000


CIBC World Markets Corp., joint term agreement dated 02/13/2024, aggregate maturing value of $505,848,194 (collateralized by agency mortgage-backed securities valued at $510,000,001; 2.00% - 6.50%; 05/01/2028 - 04/01/2059)^(e)	5.33%	05/02/2024		106,228,121		105,000,000


CIBC World Markets Corp., joint term agreement dated 02/20/2024, aggregate maturing value of $453,864,250 (collateralized by agency mortgage-backed securities valued at $459,000,001; 2.00% - 7.00%; 06/01/2028 - 04/01/2059)^(e)	5.33%	04/18/2024		75,644,042		75,000,000


CIBC World Markets Corp., joint term agreement dated 12/13/2023, aggregate maturing value of $261,489,092 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $263,160,738; 0.00% -7.00%; 03/31/2024 - 02/01/2054)^(e)	5.35%	03/13/2024		157,096,160		155,000,000


Citigroup Global Markets, Inc., joint agreement dated 02/29/2024, aggregate maturing value of $500,073,889 (collateralized by U.S. Treasury obligations valued at $510,000,000; 0.00%; 05/15/2024 - 11/15/2053)	5.32%	03/01/2024		100,014,778		100,000,000


Citigroup Global Markets, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $1,201,243,667 (collateralized by agency mortgage-backed securities valued at $1,224,000,482; 1.50% - 6.00%; 01/20/2051 - 02/20/2054)^(e)	5.33%	03/07/2024		245,253,915		245,000,000


Citigroup Global Markets, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $9,009,310,000 (collateralized by U.S. Treasury obligations valued at $9,180,000,069; 0.13% - 6.00%; 12/31/2025 -12/31/2026)^(e)	5.32%	03/07/2024		500,517,222		500,000,000


Credit Agricole Corporate & Investment Bank, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,500 (collateralized by U.S. Treasury obligations valued at $1,020,000,020; 0.75% - 4.88%; 04/30/2026 - 05/15/2032)	5.31%	03/01/2024		200,029,500		200,000,000


Credit Agricole Corporate & Investment Bank, joint agreement dated 02/29/2024, aggregate maturing value of $360,053,100 (collateralized by U.S. Treasury obligations valued at $367,200,045; 3.50% - 4.13%; 02/15/2027 - 01/31/2030)	5.31%	03/01/2024		100,014,750		100,000,000


Federal Reserve Bank of New York, joint agreement dated 02/29/2024, aggregate maturing value of $5,900,868,611 (collateralized by U.S. Treasury obligations valued at $5,900,868,702; 0.38% - 3.13%; 07/15/2024 -02/15/2032)	5.30%	03/01/2024		900,132,500		900,000,000


Fixed Income Clearing Corp. - Bank of New York Mellon (The), joint agreement dated 02/29/2024, aggregate maturing value of $7,001,030,556 (collateralized by U.S. Treasury obligations valued at $7,140,000,174; 0.13% - 4.50%; 04/15/2024 - 02/15/2049)	5.30%	03/01/2024		1,600,235,556		1,600,000,000


ING Financial Markets, LLC, joint term agreement dated 02/01/2024, aggregate maturing value of $755,471,667 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $765,000,015; 1.50% -7.00%; 01/01/2028 - 09/01/2057)	5.36%	03/21/2024		100,729,556		100,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate	Maturity Date	Repurchase Amount		Value


ING Financial Markets, LLC, term agreement dated 02/28/2024, maturing value of $200,206,889 (collateralized by agency mortgage-backed securities and a U.S. Treasury obligation valued at $204,000,071; 1.50% - 8.00%; 09/30/2029 - 07/01/2056)^(e)	5.32%	03/06/2024	$	200,206,889	$	200,000,000


J.P. Morgan Securities LLC, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,778 (collateralized by agency mortgage-backed securities valued at $1,020,000,000; 1.50% - 7.50%; 12/01/2026 - 09/01/2061)	5.32%	03/01/2024		250,036,944		250,000,000


J.P. Morgan Securities LLC, joint open agreement dated 05/02/2023 (collateralized by agency mortgage-backed securities valued at $918,000,002; 2.25% - 6.62%; 10/25/2032 - 08/20/2063)^(g)	5.31%	03/01/2024		65,278,381		65,000,000


Metropolitan Life Insurance Co., joint term agreement dated 02/28/2024, aggregate maturing value of $350,364,421 (collateralized by U.S. Treasury obligations valued at $363,737,217; 0.00%; 02/15/2043 - 08/15/2046)^(e)	5.32%	03/06/2024		40,041,991		40,000,612


Mitsubishi UFJ Trust & Banking Corp., joint term agreement dated 02/01/2024, aggregate maturing value of $956,904,917 (collateralized by U.S. Treasury obligations valued at $969,000,769; 0.00% - 5.35%; 03/12/2024 -05/15/2051)	5.34%	03/21/2024		50,363,417		50,000,000


Mitsubishi UFJ Trust & Banking Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $1,777,928,217 (collateralized by U.S. Treasury obligations valued at $1,820,962,577; 0.25% - 4.00%; 08/31/2025 - 08/15/2043)^(e)	5.33%	03/06/2024		48,087,286		48,037,500


RBC Dominion Securities Inc., joint term agreement dated 02/14/2024, aggregate maturing value of $4,524,075,000 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $4,590,000,000; 0.00% - 7.50%; 05/01/2025 - 02/01/2054)^(e)	5.35%	03/21/2024		804,280,000		800,000,000


Royal Bank of Canada, joint term agreement dated 01/29/2024, aggregate maturing value of $503,849,444 (collateralized by U.S. Treasury obligations valued at $510,000,069; 1.25% - 4.13%; 12/31/2027 - 06/30/2029)^(e)	5.33%	03/21/2024		251,924,722		250,000,000


Royal Bank of Canada, joint term agreement dated 01/31/2024, aggregate maturing value of $2,383,580,694 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $2,413,320,003; 0.63% - 7.00%; 06/30/2026 - 12/20/2063)^(e)	5.35%	03/21/2024		767,662,083		762,000,000


Societe Generale, joint agreement dated 02/29/2024, aggregate maturing value of $500,073,889 (collateralized by agency mortgage-backed securities valued at $510,000,000; 2.00% - 6.50%; 01/20/2026 - 10/01/2053)	5.32%	03/01/2024		410,060,589		410,000,000


Standard Chartered Bank, joint agreement dated 02/29/2024, aggregate maturing value of $1,000,147,778 (collateralized by agency mortgage-backed securities and U.S. Treasury obligations valued at $1,020,150,805; 1.50% - 7.65%; 05/01/2025 - 03/01/2054)	5.32%	03/01/2024		660,097,533		660,000,000


Sumitomo Mitsui Banking Corp., agreement dated 02/29/2024, maturing value of $500,073,889 (collateralized by agency mortgage-backed securities valued at $512,024,571; 2.00% - 6.50%; 07/20/2046 - 01/01/2054)	5.32%	03/01/2024		500,073,889		500,000,000


Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 -02/15/2051)	5.31%	03/01/2024		109,107,399		109,091,308


TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $500,517,222 (collateralized by agency mortgage-backed securities valued at $510,000,001; 1.50% - 7.50%; 05/01/2024 - 03/01/2054)^(e)	5.32%	03/01/2024		310,320,678		310,000,000


Wells Fargo Securities, LLC, joint term agreement dated 01/30/2024, aggregate maturing value of $2,214,873,806 (collateralized by agency mortgage-backed securities valued at $2,228,700,000; 1.50% - 8.00%; 06/01/2024 - 09/01/2057)	5.35%	05/01/2024		405,468,889		400,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier U.S. Government Money Portfolio–(continued)


	Interest Rate	Maturity Date	Repurchase Amount		Value


Wells Fargo Securities, LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $506,725,000 (collateralized by agency mortgage-backed securities valued at $510,000,000; 2.00% - 7.00%; 01/01/2030 -01/01/2059)	5.38%	05/23/2024	$	111,479,500	$	110,000,000


Wells Fargo Securities, LLC, joint term agreement dated 12/08/2023, aggregate maturing value of $623,348,625 (collateralized by agency mortgage-backed securities valued at $627,300,000; 1.50% - 8.50%; 11/01/2024 - 05/01/2058)^(e)	5.43%	03/07/2024		187,511,375		185,000,000


Total Repurchase Agreements (Cost $13,444,129,420)						13,444,129,420


TOTAL INVESTMENTS IN SECURITIES^(h)-99.94% (Cost $18,702,009,770)						18,702,009,770


OTHER ASSETS LESS LIABILITIES-0.06%						11,938,021


NET ASSETS-100.00%					$	18,713,947,791

Investment Abbreviations:


SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(d)	Principal amount equals value at period end. See Note 1I.

^(e)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

^(f)	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(g)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(h)	Also represents cost for federal income tax purposes.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7		68.4%


8-30		0.8


31-60		0.1


61-90		3.7


91-180		4.3


181+		22.7

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Assets and Liabilities

February 29, 2024

(Unaudited)


	Invesco Premier Portfolio		Invesco Premier U.S. Government Money Portfolio

Assets:
Investments in unaffiliated securities, at value	$	5,352,343,713	$	5,257,880,350

Repurchase agreements, at value and cost		1,119,923,874		13,444,129,420

Cash		-		420,021

Receivable for:
Fund shares sold		39,640,419		20,411

Interest		16,931,988		51,872,162

Investment for trustee deferred compensation and retirement plans		689,415		164,807

Other assets		131		146

Total assets		6,529,529,540		18,754,487,317


Liabilities:
Payable for:
Fund shares reacquired		4,380,284		3,417,524

Amount due custodian		4,419		-

Dividends		2,406,060		34,314,192

Accrued fees to affiliates		915,928		2,643,003

Accrued operating expenses		928		-

Trustee deferred compensation and retirement plans		689,415		164,807

Total liabilities		8,397,034		40,539,526

Net assets applicable to shares outstanding	$	6,521,132,506	$	18,713,947,791


Net assets consist of:
Shares of beneficial interest	$	6,521,007,342	$	18,713,479,284

Distributable earnings (loss)		125,164		468,507

	$	6,521,132,506	$	18,713,947,791


Net Assets:
Investor Class	$	137,536,091	$	393,266,286

Institutional Class	$	6,371,570,327	$	18,320,681,505

Private Investment Class	$	25,885	$	-

Personal Investment Class	$	11,314,290	$	-

Reserve Class	$	10,927	$	-

Resource Class	$	674,986	$	-


Shares outstanding, no par value, unlimited number of shares authorized:
Investor Class		137,518,736		393,243,742

Institutional Class		6,371,135,753		18,319,598,119

Private Investment Class		25,882		-

Personal Investment Class		11,313,673		-

Reserve Class		10,926		-

Resource Class		674,907		-

Net asset value, offering and redemption price per share for each class	$	1.00	$	1.00

Cost of Investments	$	6,472,267,587	$	18,702,009,770

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Operations

For the six months ended February 29, 2024

(Unaudited)


	Invesco Premier Portfolio			Invesco Premier U.S. Government Money Portfolio

Investment income:
Interest	$	161,816,767		$	528,699,615


Expenses:
Advisory fees		7,224,222			24,334,080

Distribution fees:
Private Investment Class		38			-

Personal Investment Class		23,721			-

Reserve Class		47			-

Resource Class		529			-

Professional services fees		3,390			13,532

Total expenses		7,251,947			24,347,612

Less: Fees waived		(2,022,782	)		(6,813,539	)

Net expenses		5,229,165			17,534,073

Net investment income		156,587,602			511,165,542

Net realized gain from unaffiliated investment securities		20,583			561,487

Net increase in net assets resulting from operations	$	156,608,185		$	511,727,029

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statements of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


	Invesco Premier Portfolio						Invesco Premier U.S. Government Money Portfolio
	February 29, 2024			August 31, 2023			February 29, 2024			August 31, 2023


Operations:
Net investment income	$	156,587,602		$	155,276,607		$	511,165,542		$	750,648,316

Net realized gain (loss)		20,583			(985	)		561,487			693,010

Net increase in net assets resulting from operations		156,608,185			155,275,622			511,727,029			751,341,326


Distributions to shareholders from distributable earnings:
Investor Class		(4,194,120	)		(4,607,779	)		(9,844,362	)		(8,381,150	)

Institutional Class		(152,164,761	)		(150,314,419	)		(501,321,180	)		(742,267,166	)

Private Investment Class		(650	)		(1,014	)		-			-

Personal Investment Class		(210,413	)		(297,098	)		-			-

Reserve Class		(244	)		(371	)		-			-

Resource Class		(17,414	)		(55,926	)		-			-

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)		(511,165,542	)		(750,648,316	)


Share transactions-net:
Investor Class		(20,937,707	)		115,463,526			51,523,609			290,330,903

Institutional Class		1,596,827,057			3,032,288,022			(638,095,643	)		9,023,822,566

Private Investment Class		759			945			-			-

Personal Investment Class		4,209,153			(553,384	)		-			-

Reserve Class		286			343			-			-

Resource Class		20,322			(2,191,285	)		-			-

Net increase (decrease) in net assets resulting from share transactions		1,580,119,870			3,145,008,167			(586,572,034	)		9,314,153,469

Net increase (decrease) in net assets		1,580,140,453			3,145,007,182			(586,010,547	)		9,314,846,479


Net assets:
Beginning of period		4,940,992,053			1,795,984,871			19,299,958,338			9,985,111,859

End of period	$	6,521,132,506		$	4,940,992,053		$	18,713,947,791		$	19,299,958,338

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Funds outstanding throughout the periods indicated.

Institutional Class


	Net asset value, beginning of period		Net investment income^(a)		Net gains (losses) on securities (realized)			Total from investment operations		Dividends from net investment income			Net asset value, end of period		Total return^(b)			Net assets, end of period (000’s omitted)		Ratio of expenses to average net assets with fee waivers and/or expense reimbursements			Ratio of expenses to average net assets without fee waivers and/or expense reimbursements			Ratio of net investment income to average net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$1.00		$0.03		$ 0.00			$0.03		$(0.03	)		$1.00		2.73	%		$ 6,371,570		0.18	%^(c)		0.25	%^(c)		5.42	%^(c)
Year ended 08/31/23		1.00		0.04		(0.00	)		0.04		(0.04	)		1.00		4.50			4,774,723		0.18			0.25			4.62
Year ended 08/31/22		1.00		0.01		(0.00	)		0.01		(0.01	)		1.00		0.51			1,742,441		0.18			0.25			0.61
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00	)		1.00		0.07			1,182,455		0.18			0.25			0.07
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01	)		1.00		1.20			1,559,622		0.18			0.25			1.22
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02	)		1.00		2.37			1,667,185		0.18			0.25			2.37
Invesco Premier U.S. Government Money Portfolio
Six months ended 02/29/24		1.00		0.03		0.00			0.03		(0.03	)		1.00		2.64			18,320,682		0.18	^(c)		0.25	^(c)		5.25	^(c)
Year ended 08/31/23		1.00		0.04		0.00			0.04		(0.04	)		1.00		4.38			18,958,232		0.18			0.25			4.42
Year ended 08/31/22		1.00		0.00		(0.00	)		0.00		(0.00	)		1.00		0.45			9,933,723		0.14			0.25			0.59
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00	)		1.00		0.01			5,381,252		0.12			0.25			0.01
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01	)		1.00		0.93			11,687,666		0.18			0.25			0.83
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02	)		1.00		2.21			8,305,644		0.18			0.25			2.21

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

The following is a summary of the significant accounting policies followed by the Funds in the preparation of their financial statements.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

C.	Country Determination – For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors


18		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

D.	Distributions – It is the policy of the Funds to declare dividends from net investment income, if any, daily and pay them monthly. Each Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.

F.	Expenses – Fees provided for under the Rule 12b-1 plan of a particular class of each Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates


19		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio	$	2,022,782


Invesco Premier U.S. Government Money Portfolio		6,813,539

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3—Additional Valuation Information


Level 1	–	Prices are determined using quoted prices in an active market for identical assets.
Level 2	–	Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3	–	Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

NOTE 5–Cash Balances

The Funds are permitted to temporarily overdraft or leave balances in their accounts with BNY Mellon, the custodian bank. Such balances, if any at period-end, are shown in the Statements of Assets and Liabilities under the payable caption Amount due custodian. To compensate BNY Mellon or the Funds for such activity, the Funds may either (1) pay to or receive from BNY Mellon compensation at a rate agreed upon by BNY Mellon and Invesco, not to exceed the contractually agreed upon rate; or (2) leave funds or overdraft funds as a compensating balance in the account so BNY Mellon or the Funds can be compensated for use of funds.

NOTE 6–Tax Information


20		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

carryforward) under income tax regulations. The tax character of distributions paid during the year and the tax components of net assets will be reported at each Fund’s fiscal year-end.

The Funds had a capital loss carryforward as of August 31, 2023, as follows:


	Short-Term
Fund	Not Subject to Expiration		Total*


Invesco Premier Portfolio	$	986	$	986


Invesco Premier U.S. Government Money Portfolio		225,350		225,350

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity


	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount


Sold:
Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518


Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110


Private Investment Class		109			109			-			-


Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923


Reserve Class		42			42			-			-


Resource Class		2,908			2,908			-			-



Issued as reinvestment of dividends:
Investor Class		3,256,583			3,256,583			3,726,275			3,726,275


Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193


Private Investment Class		650			650			945			945


Personal Investment Class		210,413			210,413			280,128			280,128


Reserve Class		244			244			343			343


Resource Class		17,414			17,414			55,926			55,926



Reacquired:
Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267	)


Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281	)


Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435	)


Resource Class		-			-			(2,247,211	)		(2,247,211	)


Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)


21		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

NOTE 7–Share Information–(continued)

Invesco Premier U.S. Government Money Portfolio


	Summary of Share Activity


	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount


Sold:
Investor Class		259,520,390		$	259,520,390			606,735,166		$	606,735,166


Institutional Class		27,826,277,923			27,826,277,923			75,897,949,910			75,897,949,910



Issued as reinvestment of dividends:
Investor Class		8,038,631			8,038,631			6,835,954			6,835,954


Institutional Class		325,858,118			325,858,118			318,111,677			318,111,677



Reacquired:
Investor Class		(216,035,412	)		(216,035,412	)		(323,240,217	)		(323,240,217	)


Institutional Class		(28,790,231,684	)		(28,790,231,684	)		(67,192,239,021	)		(67,192,239,021	)


Net increase (decrease) in share activity		(586,572,034	)	$	(586,572,034	)		9,314,153,469		$	9,314,153,469

^(a)


22		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Institutional Class, you incur ongoing costs, such as management fees. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Funds and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

Hypothetical example for comparison purposes


Institutional Class		ACTUAL		HYPOTHETICAL (5% annual return before expenses)
Institutional Class	Beginning Account Value (09/01/23)	Ending Account Value (02/29/24)¹	Expenses Paid During Period²	Ending Account Value (02/29/24)	Expenses Paid During Period²	Annualized Expense Ratio
Invesco Premier Portfolio	$1,000.00	$1,027.30	$0.91	$1,023.97	$0.91	0.18%
Invesco Premier U.S. Government Money Portfolio	1,000.00	1,026.40	0.91	1,023.97	0.91	0.18

²	Expenses are equal to each Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


23		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

(1)	Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


	Matter	Votes For		Votes Against/ Withheld


(1)*	Beth Ann Brown		16,075,951,959.62		36,872,353.55
	Carol Deckbar		16,065,793,461.22		47,030,851.95
	Cynthia Hostetler		16,078,784,732.62		34,039,580.55
	Dr. Eli Jones		16,074,657,057.61		38,167,255.56
	Elizabeth Krentzman		16,068,972,914.62		43,851,398.55
	Jeffrey H. Kupor		16,060,460,799.61		52,363,513.56
	Anthony J. LaCava, Jr.		16,066,988,626.61		45,835,686.56
	James Liddy		16,068,613,660.61		44,210,652.56
	Dr. Prema Mathai-Davis		16,065,469,804.96		47,354,508.21
	Joel W. Motley		16,059,943,470.21		52,880,842.96
	Teresa M. Ressel		16,075,675,425.62		37,148,887.55
	Douglas Sharp		16,067,361,330.61		45,462,982.56
	Robert C. Troccoli		16,060,594,616.61		52,229,696.56
	Daniel S. Vandivort		16,063,429,375.61		49,394,937.56

*	Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


24		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(This page intentionally left blank)

Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Qualified persons, including beneficial owners of the Fund’s shares and prospective investors, may obtain access to the website by calling the distributor at 800 659 1005 and selecting option 2. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Cash Management Alliance Services department at 800 659 1005, option 1, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-2

LOGO



Semiannual Report to Shareholders			February 29, 2024

Resource Class

AIM Treasurer’s Series Trust

(Invesco Treasurer’s Series Trust)

Invesco Premier Portfolio


2		Fund Data
3		Schedule of Investments
8		Financial Statements
11		Financial Highlights
12		Notes to Financial Statements
16		Fund Expenses
17		Proxy Results

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data


Resource Class data as of 2/29/24
FUND	WEIGHTED		WEIGHTED	TOTAL
	AVERAGE		AVERAGE	NET
	MATURITY		LIFE	ASSETS

	Range	At	At
	During	Reporting	Reporting
	Reporting	Period	Period
	Period	End	End
Invesco Premier	31 - 52 days	33 days	76 days	$675.0 thousand

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes.
Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Commercial Paper-46.39%^(a)
Asset Management & Custody Banks-0.38%
BofA Securities, Inc. (SOFR + 0.49%)^(b)		5.89%		11/29/2024	$	25,000	$ 25,000,000

Asset-Backed Securities - Consumer Receivables-0.52%
Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.41%		09/06/2024		10,000	9,727,000
Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.76%		11/22/2024		25,000	23,993,264
							33,720,264

Asset-Backed Securities - Fully Supported-1.30%
Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)		5.52%		03/11/2024		35,000	35,000,000
Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)		5.47%		05/22/2024		250	250,000
Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)		5.81%		05/13/2024		50,000	49,428,167
							84,678,167

Asset-Backed Securities - Fully Supported Bank-5.94%
Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)		5.50%		07/10/2024		80,000	80,000,000
Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)		5.49%		07/22/2024		40,000	40,000,000
Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)		5.85%		08/02/2024		110,000	107,364,889
Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)		5.36%		03/06/2024		160,000	159,881,111
							387,246,000

Consumer Finance-0.76%
Toyota Finance Australia Ltd. (Australia)^(d)		5.48%		05/22/2024		50,000	49,383,861

Diversified Banks-27.90%
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.65%		05/24/2024		49,000	48,371,738
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.40%		07/15/2024		50,000	49,012,111
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.36%		09/18/2024		25,000	24,281,146
Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)		5.59%		10/30/2024		25,000	25,000,000
Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)		5.74%		01/08/2025		50,000	50,000,000
Banco Santander S.A. (Spain)^(c)(d)		5.71%		04/16/2024		50,000	49,643,500
Bank of Montreal (Canada)^(d)		5.60%		03/01/2024		10,000	10,000,000
Barclays Bank PLC^(c)(d)		5.78%		05/14/2024		50,000	49,422,389
Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)		5.55%		08/23/2024		25,000	25,000,000
BNG Bank N.V. (Netherlands)^(c)(d)		5.34%		03/04/2024		100,000	99,955,667
Canadian Imperial Bank of Commerce (Canada)^(c)(d)		5.33%		03/06/2024		50,000	49,963,056
Canadian Imperial Bank of Commerce^(c)(d)		5.88%		06/17/2024		25,000	24,584,125
Citigroup Global Markets, Inc.^(c)		5.80%		03/25/2024		50,000	49,812,333
Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/10/2024		45,000	45,000,000
Commonwealth Bank of Australia (Australia)^(c)(d)		5.95%		10/16/2024		50,000	48,212,528
Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)		5.74%		01/03/2025		100,000	100,000,000
DBS Bank Ltd. (Singapore)^(c)(d)		5.32%		03/14/2024		50,000	49,904,306
Dexia Credit Local S.A. (France)^(c)(d)		5.77%		03/04/2024		40,000	39,981,333
Dexia Credit Local S.A. (France)^(c)(d)		5.85%		05/02/2024		30,000	29,706,533
DNB Bank ASA (Norway)^(c)(d)		5.94%		09/18/2024		45,000	43,593,000
DNB Bank ASA (Norway)^(c)(d)		5.25%		09/24/2024		26,700	25,924,699
DNB Bank ASA (Norway)^(c)(d)		5.97%		10/01/2024		50,000	48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Diversified Banks-(continued)
ING (US) Funding LLC^(c)(d)		5.82%		05/01/2024	$	40,000	$ 39,617,056
ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)		5.84%		06/13/2024		69,500	69,500,000
ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)		5.71%		02/10/2025		35,000	34,997,752
J.P. Morgan Securities LLC^(c)		6.00%		10/15/2024		50,000	50,000,000
Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)		5.97%		09/23/2024		100,000	100,000,000
Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)		5.79%		05/01/2024		50,000	49,523,014
Svenska Handelsbanken AB (Sweden)^(c)(d)		5.54%		05/22/2024		50,000	49,402,083
Swedbank AB (Sweden)^(d)		5.78%		03/12/2024		65,000	64,888,380
Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)		5.60%		07/31/2024		50,000	50,000,000
Swedbank AB (SOFR + 0.21%)^(b)(d)		5.58%		08/02/2024		50,000	50,000,000
Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)		6.06%		04/11/2024		20,000	20,000,000
Toronto-Dominion Bank (The) (Canada)^(c)(d)		5.19%		12/02/2024		50,000	48,102,500
United Overseas Bank Ltd. (Singapore)^(c)(d)		5.82%		04/16/2024		25,000	24,819,514
Westpac Banking Corp. (Australia)^(c)(d)		5.56%		05/06/2024		50,000	49,516,000
Westpac Banking Corp. (Australia)^(c)(d)		5.93%		09/05/2024		30,000	29,122,667
Westpac Banking Corp. (Australia)^(c)(d)		5.41%		09/11/2024		3,950	3,839,312
Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/08/2024		100,000	100,000,000
							1,819,023,381

Diversified Capital Markets-6.00%
Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)		5.73%		10/17/2024		35,000	35,000,000
Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)		5.72%		11/22/2024		15,000	15,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		60,000	60,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		50,000	50,000,000
Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)		5.34%		03/06/2024		47,500	47,464,837
UBS AG (SOFR + 0.44%)^(b)(c)(d)		5.85%		07/26/2024		75,000	75,000,000
UBS AG (SOFR + 0.50%)^(b)(c)(d)		5.91%		08/07/2024		50,000	50,000,000
UBS AG^(c)(d)		5.41%		10/02/2024		30,000	29,068,333
UBS AG (SOFR + 0.25%)^(b)(c)(d)		5.64%		11/22/2024		30,000	30,000,000
							391,533,170

Specialized Finance-3.59%
Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)		5.49%		03/14/2024		75,000	75,000,000
Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)		5.66%		08/02/2024		40,000	40,000,000
CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)		5.73%		01/09/2025		25,000	25,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.53%		04/08/2024		15,000	15,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.47%		05/13/2024		50,000	50,000,000
Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)		5.76%		08/09/2024		30,000	29,259,400
							234,259,400
Total Commercial Paper (Cost $3,024,844,243)							3,024,844,243

Certificates of Deposit-34.65%
Bank of America N.A. (SOFR + 0.50%)^(b)		5.81%		05/23/2024		50,000	50,000,000
Bank of America N.A. (SOFR + 0.35%)^(b)		5.74%		01/07/2025		50,000	50,000,000
Canadian Imperial Bank of Commerce (Canada)^(d)		5.31%		03/01/2024		172,000	172,000,000
Canadian Imperial Bank of Commerce^(d)		5.60%		05/24/2024		75,000	75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Cooperatieve Rabobank U.A. (Cayman Islands)^(d)		5.30%		03/01/2024	$	100,000	$ 100,000,000
Cooperatieve Rabobank U.A.^(d)		5.75%		06/17/2024		10,000	10,000,000
Cooperatieve Rabobank U.A.^(d)		5.50%		12/04/2024		22,000	22,009,518
Credit Agricole Corporate and Investment Bank^(d)		5.30%		03/01/2024		158,000	158,000,000
Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)		5.55%		08/14/2024		100,000	100,003,513
DNB Bank ASA^(d)		5.31%		03/01/2024		205,000	205,000,000
DZ Bank AG^(d)		5.30%		03/01/2024		323,000	323,000,000
Mizuho Bank Ltd.^(d)		5.32%		03/01/2024		273,000	273,000,000
Royal Bank of Canada^(d)		5.93%		09/16/2024		25,000	25,000,000
Skandinaviska Enskilda Banken AB^(d)		5.31%		03/01/2024		224,000	224,000,000
Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)		5.61%		08/30/2024		50,000	50,000,000
Svenska Handelsbanken AB^(d)		5.30%		03/01/2024		274,000	274,000,000
Swedbank AB^(d)		5.39%		12/02/2024		50,000	50,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		6.00%		08/15/2024		10,000	10,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		5.95%		09/09/2024		50,000	50,000,000
Toronto-Dominion Bank (The)^(d)		6.00%		09/09/2024		30,000	30,000,000
Toronto-Dominion Bank (The)^(d)		5.67%		09/20/2024		8,719	8,731,439
Total Certificates of Deposit (Cost $2,259,744,470)							2,259,744,470

Variable Rate Demand Notes-1.04%^(e)
Credit Enhanced-1.04%
Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)		5.38%		04/01/2035		6,000	6,000,000
Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB		5.30%		08/01/2045		23,200	23,200,000
Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		3,800	3,800,000
Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		23,000	23,000,000
Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)		5.38%		05/01/2037		7,655	7,655,000
Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)		5.44%		01/01/2033		4,100	4,100,000
Total Variable Rate Demand Notes (Cost $67,755,000)							67,755,000
TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)							5,352,343,713

					Repurchase Amount
Repurchase Agreements-17.17%^(g)
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% - 13.34%; 03/08/2024 - 02/25/2069)^(d)(h)		5.45%		03/06/2024		35,037,090	35,000,000
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% - 9.95%; 03/08/2024 - 04/20/2072)^(d)(h)		5.42%		03/06/2024		80,084,311	80,000,000
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)		5.46%		03/01/2024		70,074,317	70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest		Maturity		Repurchase
	Rate		Date		Amount		Value
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)		5.40%		03/01/2024	$	150,157,500	$ 150,000,000
BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)		5.36%		03/01/2024		100,014,889	100,000,000
BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% - 8.58%; 03/05/2024 - 02/15/2119)^(h)		5.40%		03/01/2024		120,018,000	120,000,000
Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)		5.41%		03/01/2024		30,130,725	30,000,000
ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)		5.39%		03/01/2024		100,014,972	100,000,000
J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 - 07/22/2062)^(j)		5.61%		03/01/2024		110,497,689	110,000,000
RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 - 01/18/2082)^(d)(h)		5.50%		03/05/2024		25,026,736	25,000,000
Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)		5.49%		03/01/2024		28,004,270	28,000,000
Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31%		03/01/2024		196,952,920	196,923,874
TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)		5.40%		03/01/2024		75,078,750	75,000,000
Total Repurchase Agreements (Cost $1,119,923,874)							1,119,923,874
TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)							6,472,267,587
OTHER ASSETS LESS LIABILITIES-0.75%							48,864,919
NET ASSETS-100.00%							$6,521,132,506

Investment Abbreviations:



CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

^(d)

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7			51.3%
8-30			4.2
31-60			1.7
61-90			9.1
91-180			14.2
181+			19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Assets and Liabilities

February 29, 2024

(Unaudited)


		Invesco Premier Portfolio
Assets:
Investments in unaffiliated securities, at value	$	5,352,343,713
Repurchase agreements, at value and cost		1,119,923,874
Receivable for:
Fund shares sold		39,640,419
Interest		16,931,988
Investment for trustee deferred compensation and retirement plans		689,415
Other assets		131
Total assets		6,529,529,540

Liabilities:
Payable for:
Fund shares reacquired		4,380,284
Amount due custodian		4,419
Dividends		2,406,060
Accrued fees to affiliates		915,928
Accrued operating expenses		928
Trustee deferred compensation and retirement plans		689,415
Total liabilities		8,397,034
Net assets applicable to shares outstanding	$	6,521,132,506

Net assets consist of:
Shares of beneficial interest	$	6,521,007,342
Distributable earnings (loss)		125,164
	$ 6,521,132,506

Net Assets:
Investor Class	$	137,536,091
Institutional Class	$	6,371,570,327
Private Investment Class	$	25,885
Personal Investment Class	$	11,314,290
Reserve Class	$	10,927
Resource Class	$	674,986

Shares outstanding, no par value, unlimited number of shares authorized:
Investor Class		137,518,736
Institutional Class		6,371,135,753
Private Investment Class		25,882
Personal Investment Class		11,313,673
Reserve Class		10,926
Resource Class		674,907
Net asset value, offering and redemption price per share for each class	$	1.00
Cost of Investments	$	6,472,267,587

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Operations

For the six months ended February 29, 2024

(Unaudited)


	Invesco Premier Portfolio

Investment income:
Interest	$	161,816,767


Expenses:
Advisory fees		7,224,222

Distribution fees:
Private Investment Class		38

Personal Investment Class		23,721

Reserve Class		47

Resource Class		529

Professional services fees		3,390

Total expenses		7,251,947

Less: Fees waived		(2,022,782	)

Net expenses		5,229,165

Net investment income		156,587,602

Net realized gain from unaffiliated investment securities		20,583

Net increase in net assets resulting from operations	$	156,608,185

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


	Invesco Premier Portfolio
	February 29, 2024			August 31, 2023

Operations:
Net investment income	$	156,587,602		$	155,276,607

Net realized gain (loss)		20,583			(985	)

Net increase in net assets resulting from operations		156,608,185			155,275,622


Distributions to shareholders from distributable earnings:
Investor Class		(4,194,120	)		(4,607,779	)

Institutional Class		(152,164,761	)		(150,314,419	)

Private Investment Class		(650	)		(1,014	)

Personal Investment Class		(210,413	)		(297,098	)

Reserve Class		(244	)		(371	)

Resource Class		(17,414	)		(55,926	)

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)


Share transactions-net:
Investor Class		(20,937,707	)		115,463,526

Institutional Class		1,596,827,057			3,032,288,022

Private Investment Class		759			945

Personal Investment Class		4,209,153			(553,384	)

Reserve Class		286			343

Resource Class		20,322			(2,191,285	)

Net increase in net assets resulting from share transactions		1,580,119,870			3,145,008,167

Net increase in net assets		1,580,140,453			3,145,007,182


Net assets:
Beginning of period		4,940,992,053			1,795,984,871

End of period	$	6,521,132,506		$	4,940,992,053

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Fund outstanding throughout the periods indicated.

Resource Class


																										Ratio of			Ratio of
																										expenses			expenses
																										to average			to average net			Ratio of net
	Net asset													Dividends												net assets			assets without			investment
	value,			Net			Net gains				Total from			from net			Net asset						Net assets,			with fee waivers			fee waivers			income
	beginning			investment			on securities				investment			investment			value, end			Total			end of period			and/or expense			and/or expense			to average
	of period			income^(a)			(realized)				operations			income			of period			return^(b)			(000’s omitted)			reimbursements			reimbursements			net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$	1.00		$	0.03		$	0.00			$	0.03		$(0.03	)		$	1.00		2.65	%		$	675		0.34	%^(c)		0.41	%^(c)		5.26	%^(c)
Year ended 08/31/23			1.00			0.04			(0.00	)			0.04		(0.04	)			1.00		4.33				655		0.34			0.41			4.46
Year ended 08/31/22			1.00			0.00			0.00				0.00		(0.00	)			1.00		0.44				2,847		0.25			0.41			0.54
Year ended 08/31/21			1.00			0.00			0.00				0.00		(0.00	)			1.00		0.01				3,181		0.23			0.41			0.02
Year ended 08/31/20			1.00			0.01			0.00				0.01		(0.01	)			1.00		1.05				3,230		0.34			0.41			1.06
Year ended 08/31/19			1.00			0.02			0.00				0.02		(0.02	)			1.00		2.20				3,297		0.34			0.41			2.21

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

Invesco Premier Portfolio (the “Fund”) is a series of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust) (the “Trust”). The Trust is a Delaware statutory trust registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end series management investment company consisting of two separate portfolios and authorized to issue an unlimited number of shares of beneficial interest. The assets, liabilities and operations of the portfolio are accounted for separately. Information presented in these financial statements pertains only to the Fund. Matters affecting the portfolio or class will be voted on exclusively by the shareholders of such portfolio or class.

The Fund’s investment objective is to provide current income consistent with preservation of capital and liquidity.

The Fund currently consists of six classes of shares: Investor Class, Institutional Class, Private Investment Class, Personal Investment Class, Reserve Class and Resource Class. Investor Class shares of the Fund are available only to certain investors. Each class of shares is sold at net asset value.

The Fund is an investment company and accordingly follows the investment company accounting and reporting guidance in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 946, Financial Services – Investment Companies.

The Fund is a “retail money market fund” as defined in Rule 2a-7 under the 1940 Act (the “Rule”), and seeks to maintain a stable or constant NAV of $1.00 per share using an amortized cost method of valuation. “Retail money market funds” are required to adopt policies and procedures reasonably designed to limit investments in the Fund to accounts beneficially owned by natural persons.

The Fund may impose a fee upon the sale of shares.

The following is a summary of the significant accounting policies followed by the Fund in the preparation of their financial statements.

Security Valuations – The Fund’s securities are recorded on the basis of amortized cost which approximates value as permitted by the Rule. This method values a security at its cost on the date of purchase and, thereafter, assumes a constant amortization to maturity of any premiums or accretion of any discounts.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

The Fund may invest in securities that are subject to interest rate risk, meaning the risk that the prices will generally fall as interest rates rise and, conversely, the prices will generally rise as interest rates fall. Specific securities differ in their sensitivity to changes in interest rates depending on their individual characteristics. Changes in interest rates may result in increased market volatility, which may affect the value and/or liquidity of certain Fund investments.

The Fund may periodically participate in litigation related to the Fund’s investments. As such, the Fund may receive proceeds from litigation settlements involving the Fund’s investments. Any proceeds received are included in the Statements of Operations as realized gain (loss) for investments no longer held and as unrealized gain (loss) for investments still held.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund’s net asset value and, accordingly, they reduce the Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and the Statement of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the investment adviser.

The Fund allocates realized capital gains and losses to a class based on the relative net assets of the class. The Fund allocates income to a class based on the relative settled shares of the class.

Country Determination – For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues, the country that has the primary market for the issuer’s securities and its “country of risk” as determined by a third party service provider, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

D.	Distributions – It is the policy of the Fund to declare dividends from net investment income, if any, daily and pay them monthly. The Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Federal Income Taxes – The Fund intends to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), necessary to qualify as a regulated investment company and to distribute substantially all of the Fund’s taxable earnings to shareholders. As such, the Fund will not be subject to federal income taxes on otherwise taxable income (including net realized capital gain) that is distributed to shareholders. Therefore, no provision for federal income taxes is recorded in the financial statements.

The Fund recognizes the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained. Management has analyzed the Fund’s uncertain tax positions and concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions. Management is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change materially in the next 12 months.

The Fund files tax returns in the U.S. Federal jurisdiction and certain other jurisdictions. Generally, the Fund is subject to examinations by such taxing authorities for up to three years after the filing of the return for the tax period.

F.	Expenses – Fees provided for under the Rule 12b-1 plan of a particular class of the Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period including estimates and assumptions related to taxation. Actual results could differ from those estimates by a significant amount. In addition, the Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print.

Indemnifications – Under the Trust’s organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts, including the Fund’s servicing agreements, that contain a variety of indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against such Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

Repurchase Agreements – The Fund may enter into repurchase agreements. Collateral on repurchase agreements, including the Fund’s pro-rata interest in joint repurchase agreements, is taken into possession by the Fund upon entering into the repurchase agreement. Collateral consisting of U.S. Government Securities and U.S. Government Sponsored Agency Securities is marked to market daily to ensure its market value is typically at least 102% of the sales price of the repurchase agreement. Collateral consisting of non-government securities is marked to market daily to ensure its market value is typically at least 105% of the sales price of the repurchase agreement. The investments in some repurchase agreements, pursuant to procedures approved by the Board of Trustees, are through participation with other mutual funds, private accounts and certain non-registered investment companies managed by the investment advisor or its affiliates (“Joint repurchase agreements”). The principal amount of the repurchase agreement is equal to the value at period-end. If the seller of a repurchase agreement fails to repurchase the security in accordance with the terms of the agreement, the Fund might incur expenses in enforcing its rights, and could experience losses, including a decline in the value of the collateral and loss of income.

Other Risks – The effect on performance from investing in securities issued or guaranteed by companies in the banking and financial services industries will depend to a greater extent on the overall condition of those industries. Financial services companies are highly dependent on the supply of short-term financing. The value of securities of issuers in the banking and financial services industry can be sensitive to changes in government regulation and interest rates and to economic downturns in the United States and abroad.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates

The Trust has entered into a master investment advisory agreement with the Adviser. Under the terms of the investment advisory agreement, the Fund accrues daily and pays monthly an advisory fee to the Adviser at an annual rate of 0.25% of the Fund’s average daily net assets. Pursuant to the master investment advisory agreement, the Adviser bears all expenses incurred by the Fund in connection with its operations, except for (1) interest, taxes and extraordinary items such as litigation costs; (2) brokers’ commissions, issue and transfer taxes, and other costs chargeable to the Fund in connection with securities transactions to which the Fund is a party or in connection with securities owned by the Fund; and (3) other expenditures which are capitalized in accordance with generally accepted accounting principles applicable to investment companies.

Under the terms of a master sub-advisory agreement between the Adviser to the Fund and each of Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Hong Kong Limited, Inc., Invesco Senior Secured Management, Inc. and Invesco Canada Ltd. and separate sub-advisory agreements with Invesco Capital Management LLC and Invesco Asset Management (India) Private Limited (collectively, the “Affiliated Sub-Advisers”) the Adviser, not the Fund, will pay 40% of the fees paid to the Adviser to any such Affiliated Sub-Adviser(s) that provide(s) discretionary investment management services to the Fund based on the percentage of assets allocated to such Sub-Adviser(s).

The Adviser has contractually agreed, through at least December 31, 2024, to waive advisory fees equal to 0.07% of the average daily net assets of the Fund.

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio		$2,022,782

The Trust has entered into a master administrative services agreement with Invesco to provide accounting services to the Fund. The Trust has also entered into a transfer agency and service agreement with Invesco Investment Services, Inc. (“IIS”) to provide transfer agency and shareholder services to the Fund. Invesco and IIS do not charge the Fund any fees under these agreements. Also, Invesco has entered into a sub-administration agreement whereby The Bank of New York Mellon (“BNY Mellon”) serves as fund accountant and provides certain administrative services to the Fund. Pursuant to a custody agreement with the Trust on behalf of the Fund, BNY Mellon also serves as the Fund’s custodian.


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Trust has entered into master distribution agreements with IDI to serve as the distributor for the Investor Class, Institutional Class, Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares. The Trust has adopted plans pursuant to Rule 12b-1 under the 1940 Act with respect to the Fund’s Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares (collectively, the “Plans”). The Fund, pursuant to the Plans, pays IDI compensation at the annual rate of 0.55% of the Fund’s average daily net assets of Personal Investment Class shares, 0.30% of the average daily net assets of Private Investment Class shares, 0.87% of the average daily net assets of Reserve Class shares and 0.16% of the average daily net assets of Resource Class shares. The fees are accrued daily and paid monthly. Of the Plan payments, up to 0.25% of the average daily net assets of each class of shares may be paid to furnish continuing personal shareholder services to customers who purchase and own shares of such class. Any amounts not paid as a service fee under the Plans would constitute an asset-based sales charge. Rules of the Financial Industry Regulatory Authority (“FINRA”) impose a cap on the total sales charges, including asset-based sales charges, that may be paid by any class of shares of the Fund. For the six months ended February 29, 2024, expenses incurred under the plans are shown in the Statement of Operations as Distribution fees.

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3–Additional Valuation Information


		Level 1 –		Prices are determined using quoted prices in an active market for identical assets.
		Level 2 –		Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
		Level 3 –		Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

As of February 29, 2024, all of the securities in the Fund were valued based on Level 2 inputs (see the Schedule of Investments for security categories). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

Certain current Trustees were eligible to participate in a retirement plan that provided for benefits to be paid upon retirement to Trustees over a period of time based on the number of years of service. The Fund may have certain former Trustees that also participate in a retirement plan and receive benefits under such plan. The Fund’s allocable portion of the remuneration paid to the Trustees, including its allocable portion of the fees and benefits of the deferred compensation plan and retirement plan are paid by Invesco and not by the Trust.

NOTE 5–Cash Balances

The Fund is permitted to temporarily overdraft or leave balances in its account with BNY Mellon, the custodian bank. Such balances, if any at period-end, are shown in the Statement of Assets and Liabilities under the payable caption Amount due custodian. To compensate BNY Mellon or the Fund for such activity, the Fund may either (1) pay to or receive from BNY Mellon compensation at a rate agreed upon by BNY Mellon and Invesco, not to exceed the contractually agreed upon rate; or (2) leave funds or overdraft funds as a compensating balance in the account so BNY Mellon or the Fund can be compensated for use of funds.

NOTE 6–Tax Information

The amount and character of income and gains to be distributed are determined in accordance with income tax regulations, which may differ from GAAP. Reclassifications are made to the Fund’s capital accounts to reflect income and gains available for distribution (or available capital loss carryforward) under income tax regulations. The tax character of distributions paid during the year and the tax components of net assets will be reported at the Fund’s fiscal year-end.

Capital loss carryforward is calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforward actually available for the Fund to utilize. The ability to utilize capital loss carryforward in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Fund had a capital loss carryforward as of August 31, 2023.


	Short-Term
Fund	Not Subject to Expiration		Total*

Invesco Premier Portfolio		$986	$	986

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity
	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount
Sold:
Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518
Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110
Private Investment Class		109			109			-			-
Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923
Reserve Class		42			42			-			-
Resource Class		2,908			2,908			-			-

Issued as reinvestment of dividends:
Investor Class		3,256,583			3,256,583			3,726,275			3,726,275
Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193
Private Investment Class		650			650			945			945
Personal Investment Class		210,413			210,413			280,128			280,128
Reserve Class		244			244			343			343
Resource Class		17,414			17,414			55,926			55,926

Reacquired:
Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267)
Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281)
Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435)
Resource Class		-			-			(2,247,211	)		(2,247,211)
Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Resource Class, you incur ongoing costs, including management fees, distribution and/or service (12b-1) fees and other Fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

Hypothetical example for comparison purposes

The table below also provides information about hypothetical account values and hypothetical expenses based on the Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return.

The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs, such as sales charges (loads) on purchase payments or contingent deferred sales charges on redemptions, if any. Therefore, the hypothetical information is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transaction costs were included, your costs would have been higher.

ACTUAL

HYPOTHETICAL

(5% annual return before expenses)

Resource Class

Beginning
Account Value
(09/01/23)

Ending
Account Value
(02/29/24)¹

Expenses
Paid During
Period²

Ending
Account Value
(02/29/24)

Expenses
Paid During
Period²

Annualized
Expense
Ratio

Invesco Premier Portfolio

$1,000.00

$1,026.50

$1.71

$1,023.17

$1.71

0.34%

The actual ending account value is based on the actual total return of the Fund for the period September 1, 2023 through February 29, 2024, after actual expenses and will differ from the hypothetical ending account value which is based on the Fund’s expense ratio and a hypothetical annual return of 5% before expenses.

²	Expenses are equal to the Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

(1) Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


Matter	Votes For		Votes Against/Withheld
(1)* Beth Ann Brown		16,075,951,959.62		36,872,353.55
Carol Deckbar		16,065,793,461.22		47,030,851.95
Cynthia Hostetler		16,078,784,732.62		34,039,580.55
Dr. Eli Jones		16,074,657,057.61		38,167,255.56
Elizabeth Krentzman		16,068,972,914.62		43,851,398.55
Jeffrey H. Kupor		16,060,460,799.61		52,363,513.56
Anthony J. LaCava, Jr.		16,066,988,626.61		45,835,686.56
James Liddy		16,068,613,660.61		44,210,652.56
Dr. Prema Mathai-Davis		16,065,469,804.96		47,354,508.21
Joel W. Motley		16,059,943,470.21		52,880,842.96
Teresa M. Ressel		16,075,675,425.62		37,148,887.55
Douglas Sharp		16,067,361,330.61		45,462,982.56
Robert C. Troccoli		16,060,594,616.61		52,229,696.56
Daniel S. Vandivort		16,063,429,375.61		49,394,937.56

*	Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(This page intentionally left blank)

Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Qualified persons, including beneficial owners of the Fund’s shares and prospective investors, may obtain access to the website by calling the distributor at 800 659 1005 and selecting option 2. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Cash Management Alliance Services department at 800 659 1005, option 1, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-4

LOGO



Semiannual Report to Shareholders		February 29, 2024

Private Investment Class

AIM Treasurer’s Series Trust

(Invesco Treasurer’s Series Trust)

Invesco Premier Portfolio


2		Fund Data
3		Schedule of Investments
8		Financial Statements
11		Financial Highlights
12		Notes to Financial Statements
16		Fund Expenses
17		Proxy Results

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data


Private Investment Class data as of 2/29/24

FUND	WEIGHTED		WEIGHTED	TOTAL
	AVERAGE		AVERAGE	NET
	MATURITY		LIFE	ASSETS

	Range	At	At
	During	Reporting	Reporting
	Reporting	Period	Period
	Period	End	End
Invesco Premier	31 - 52 days	33 days	76 days	$25.9 thousand

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes.
Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


	Interest Rate		Maturity Date		Principal Amount (000)		Value
Commercial Paper-46.39%^(a)

Asset Management & Custody Banks-0.38%

BofA Securities, Inc. (SOFR + 0.49%)^(b)		5.89%		11/29/2024	$	25,000	$	25,000,000

Asset-Backed Securities - Consumer Receivables-0.52%
Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.41%		09/06/2024		10,000		9,727,000
Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.76%		11/22/2024		25,000		23,993,264
								33,720,264

Asset-Backed Securities - Fully Supported-1.30%

Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)		5.52%		03/11/2024		35,000		35,000,000
Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)		5.47%		05/22/2024		250		250,000
Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)		5.81%		05/13/2024		50,000		49,428,167
								84,678,167

Asset-Backed Securities - Fully Supported Bank-5.94%

Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)		5.50%		07/10/2024		80,000		80,000,000
Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)		5.49%		07/22/2024		40,000		40,000,000
Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)		5.85%		08/02/2024		110,000		107,364,889
Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)		5.36%		03/06/2024		160,000		159,881,111
								387,246,000

Consumer Finance-0.76%

Toyota Finance Australia Ltd. (Australia)^(d)		5.48%		05/22/2024		50,000		49,383,861

Diversified Banks-27.90%
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.65%		05/24/2024		49,000		48,371,738
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.40%		07/15/2024		50,000		49,012,111
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.36%		09/18/2024		25,000		24,281,146
Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)		5.59%		10/30/2024		25,000		25,000,000
Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)		5.74%		01/08/2025		50,000		50,000,000
Banco Santander S.A. (Spain)^(c)(d)		5.71%		04/16/2024		50,000		49,643,500
Bank of Montreal (Canada)^(d)		5.60%		03/01/2024		10,000		10,000,000
Barclays Bank PLC^(c)(d)		5.78%		05/14/2024		50,000		49,422,389
Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)		5.55%		08/23/2024		25,000		25,000,000
BNG Bank N.V. (Netherlands)^(c)(d)		5.34%		03/04/2024		100,000		99,955,667
Canadian Imperial Bank of Commerce (Canada)^(c)(d)		5.33%		03/06/2024		50,000		49,963,056
Canadian Imperial Bank of Commerce^(c)(d)		5.88%		06/17/2024		25,000		24,584,125
Citigroup Global Markets, Inc.^(c)		5.80%		03/25/2024		50,000		49,812,333
Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/10/2024		45,000		45,000,000
Commonwealth Bank of Australia (Australia)^(c)(d)		5.95%		10/16/2024		50,000		48,212,528
Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)		5.74%		01/03/2025		100,000		100,000,000
DBS Bank Ltd. (Singapore)^(c)(d)		5.32%		03/14/2024		50,000		49,904,306
Dexia Credit Local S.A. (France)^(c)(d)		5.77%		03/04/2024		40,000		39,981,333
Dexia Credit Local S.A. (France)^(c)(d)		5.85%		05/02/2024		30,000		29,706,533
DNB Bank ASA (Norway)^(c)(d)		5.94%		09/18/2024		45,000		43,593,000
DNB Bank ASA (Norway)^(c)(d)		5.25%		09/24/2024		26,700		25,924,699
DNB Bank ASA (Norway)^(c)(d)		5.97%		10/01/2024		50,000		48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value
Diversified Banks-(continued)

ING (US) Funding LLC^(c)(d)		5.82%		05/01/2024	$	40,000	$	39,617,056
ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)		5.84%		06/13/2024		69,500		69,500,000
ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)		5.71%		02/10/2025		35,000		34,997,752
J.P. Morgan Securities LLC^(c)		6.00%		10/15/2024		50,000		50,000,000
Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)		5.97%		09/23/2024		100,000		100,000,000
Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)		5.79%		05/01/2024		50,000		49,523,014
Svenska Handelsbanken AB (Sweden)^(c)(d)		5.54%		05/22/2024		50,000		49,402,083
Swedbank AB (Sweden)^(d)		5.78%		03/12/2024		65,000		64,888,380
Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)		5.60%		07/31/2024		50,000		50,000,000
Swedbank AB (SOFR + 0.21%)^(b)(d)		5.58%		08/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)		6.06%		04/11/2024		20,000		20,000,000
Toronto-Dominion Bank (The) (Canada)^(c)(d)		5.19%		12/02/2024		50,000		48,102,500
United Overseas Bank Ltd. (Singapore)^(c)(d)		5.82%		04/16/2024		25,000		24,819,514
Westpac Banking Corp. (Australia)^(c)(d)		5.56%		05/06/2024		50,000		49,516,000
Westpac Banking Corp. (Australia)^(c)(d)		5.93%		09/05/2024		30,000		29,122,667
Westpac Banking Corp. (Australia)^(c)(d)		5.41%		09/11/2024		3,950		3,839,312
Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/08/2024		100,000		100,000,000
								1,819,023,381

Diversified Capital Markets-6.00%

Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)		5.73%		10/17/2024		35,000		35,000,000
Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)		5.72%		11/22/2024		15,000		15,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		60,000		60,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		50,000		50,000,000
Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)		5.34%		03/06/2024		47,500		47,464,837
UBS AG (SOFR + 0.44%)^(b)(c)(d)		5.85%		07/26/2024		75,000		75,000,000
UBS AG (SOFR + 0.50%)^(b)(c)(d)		5.91%		08/07/2024		50,000		50,000,000
UBS AG^(c)(d)		5.41%		10/02/2024		30,000		29,068,333
UBS AG (SOFR + 0.25%)^(b)(c)(d)		5.64%		11/22/2024		30,000		30,000,000
								391,533,170

Specialized Finance-3.59%

Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)		5.49%		03/14/2024		75,000		75,000,000
Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)		5.66%		08/02/2024		40,000		40,000,000
CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)		5.73%		01/09/2025		25,000		25,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.53%		04/08/2024		15,000		15,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.47%		05/13/2024		50,000		50,000,000
Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)		5.76%		08/09/2024		30,000		29,259,400
								234,259,400
Total Commercial Paper (Cost $3,024,844,243)								3,024,844,243

Certificates of Deposit-34.65%

Bank of America N.A. (SOFR + 0.50%)^(b)		5.81%		05/23/2024		50,000		50,000,000
Bank of America N.A. (SOFR + 0.35%)^(b)		5.74%		01/07/2025		50,000		50,000,000
Canadian Imperial Bank of Commerce (Canada)^(d)		5.31%		03/01/2024		172,000		172,000,000
Canadian Imperial Bank of Commerce^(d)		5.60%		05/24/2024		75,000		75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate		Maturity Date		Principal Amount (000)		Value
Cooperatieve Rabobank U.A. (Cayman Islands)^(d)		5.30%		03/01/2024	$	100,000	$	100,000,000
Cooperatieve Rabobank U.A.^(d)		5.75%		06/17/2024		10,000		10,000,000
Cooperatieve Rabobank U.A.^(d)		5.50%		12/04/2024		22,000		22,009,518
Credit Agricole Corporate and Investment Bank^(d)		5.30%		03/01/2024		158,000		158,000,000
Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)		5.55%		08/14/2024		100,000		100,003,513
DNB Bank ASA^(d)		5.31%		03/01/2024		205,000		205,000,000
DZ Bank AG^(d)		5.30%		03/01/2024		323,000		323,000,000
Mizuho Bank Ltd.^(d)		5.32%		03/01/2024		273,000		273,000,000
Royal Bank of Canada^(d)		5.93%		09/16/2024		25,000		25,000,000
Skandinaviska Enskilda Banken AB^(d)		5.31%		03/01/2024		224,000		224,000,000
Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)		5.61%		08/30/2024		50,000		50,000,000
Svenska Handelsbanken AB^(d)		5.30%		03/01/2024		274,000		274,000,000
Swedbank AB^(d)		5.39%		12/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		6.00%		08/15/2024		10,000		10,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		5.95%		09/09/2024		50,000		50,000,000
Toronto-Dominion Bank (The)^(d)		6.00%		09/09/2024		30,000		30,000,000
Toronto-Dominion Bank (The)^(d)		5.67%		09/20/2024		8,719		8,731,439
Total Certificates of Deposit (Cost $2,259,744,470)								2,259,744,470

Variable Rate Demand Notes-1.04%^(e)

Credit Enhanced-1.04%
Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)		5.38%		04/01/2035		6,000		6,000,000
Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB		5.30%		08/01/2045		23,200		23,200,000
Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		3,800		3,800,000
Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		23,000		23,000,000
Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)		5.38%		05/01/2037		7,655		7,655,000
Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)		5.44%		01/01/2033		4,100		4,100,000
Total Variable Rate Demand Notes (Cost $67,755,000)								67,755,000
TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)								5,352,343,713

					Repurchase Amount
Repurchase Agreements-17.17%^(g)

BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% - 13.34%; 03/08/2024 - 02/25/2069)^(d)(h)		5.45%		03/06/2024		35,037,090		35,000,000
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% - 9.95%; 03/08/2024 - 04/20/2072)^(d)(h)		5.42%		03/06/2024		80,084,311		80,000,000
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)		5.46%		03/01/2024		70,074,317		70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate		Maturity Date		Repurchase Amount		Value
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)		5.40%		03/01/2024	$	150,157,500	$	150,000,000
BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)		5.36%		03/01/2024		100,014,889		100,000,000
BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% - 8.58%; 03/05/2024 - 02/15/2119)^(h)		5.40%		03/01/2024		120,018,000		120,000,000
Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)		5.41%		03/01/2024		30,130,725		30,000,000
ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)		5.39%		03/01/2024		100,014,972		100,000,000
J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 - 07/22/2062)^(j)		5.61%		03/01/2024		110,497,689		110,000,000
RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 - 01/18/2082)^(d)(h)		5.50%		03/05/2024		25,026,736		25,000,000
Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)		5.49%		03/01/2024		28,004,270		28,000,000
Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31%		03/01/2024		196,952,920		196,923,874
TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)		5.40%		03/01/2024		75,078,750		75,000,000
Total Repurchase Agreements (Cost $1,119,923,874)								1,119,923,874
TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)								6,472,267,587
OTHER ASSETS LESS LIABILITIES-0.75%								48,864,919
NET ASSETS-100.00%							$	6,521,132,506

Investment Abbreviations:


CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

^(d)

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7		51.3%
8-30		4.2
31-60		1.7
61-90		9.1
91-180		14.2
181+		19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Assets and Liabilities

February 29, 2024

(Unaudited)


	Invesco Premier
	Portfolio

Assets:

Investments in unaffiliated securities, at value	$	5,352,343,713

Repurchase agreements, at value and cost		1,119,923,874

Receivable for:
Fund shares sold		39,640,419

Interest		16,931,988

Investment for trustee deferred compensation and retirement plans		689,415

Other assets		131

Total assets		6,529,529,540


Liabilities:

Payable for:
Fund shares reacquired		4,380,284

Amount due custodian		4,419

Dividends		2,406,060

Accrued fees to affiliates		915,928

Accrued operating expenses		928

Trustee deferred compensation and retirement plans		689,415

Total liabilities		8,397,034

Net assets applicable to shares outstanding	$	6,521,132,506


Net assets consist of:

Shares of beneficial interest	$	6,521,007,342

Distributable earnings (loss)		125,164

	$	6,521,132,506


Net Assets:

Investor Class	$	137,536,091

Institutional Class	$	6,371,570,327

Private Investment Class	$	25,885

Personal Investment Class	$	11,314,290

Reserve Class	$	10,927

Resource Class	$	674,986


Shares outstanding, no par value, unlimited number of shares authorized:

Investor Class		137,518,736

Institutional Class		6,371,135,753

Private Investment Class		25,882

Personal Investment Class		11,313,673

Reserve Class		10,926

Resource Class		674,907

Net asset value, offering and redemption price per share for each class	$	1.00

Cost of Investments	$	6,472,267,587

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Operations

For the six months ended February 29, 2024

(Unaudited)


	Invesco Premier
	Portfolio

Investment income:

Interest	$	161,816,767


Expenses:

Advisory fees		7,224,222

Distribution fees:
Private Investment Class		38

Personal Investment Class		23,721

Reserve Class		47

Resource Class		529

Professional services fees		3,390

Total expenses		7,251,947

Less: Fees waived		(2,022,782	)

Net expenses		5,229,165

Net investment income		156,587,602

Net realized gain from unaffiliated investment securities		20,583

Net increase in net assets resulting from operations	$	156,608,185

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


	Invesco Premier Portfolio
	February 29, 2024			August 31, 2023

Operations:

Net investment income	$	156,587,602		$	155,276,607

Net realized gain (loss)		20,583			(985	)

Net increase in net assets resulting from operations		156,608,185			155,275,622


Distributions to shareholders from distributable earnings:

Investor Class		(4,194,120	)		(4,607,779	)

Institutional Class		(152,164,761	)		(150,314,419	)

Private Investment Class		(650	)		(1,014	)

Personal Investment Class		(210,413	)		(297,098	)

Reserve Class		(244	)		(371	)

Resource Class		(17,414	)		(55,926	)

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)


Share transactions-net:

Investor Class		(20,937,707	)		115,463,526

Institutional Class		1,596,827,057			3,032,288,022

Private Investment Class		759			945

Personal Investment Class		4,209,153			(553,384	)

Reserve Class		286			343

Resource Class		20,322			(2,191,285	)

Net increase in net assets resulting from share transactions		1,580,119,870			3,145,008,167

Net increase in net assets		1,580,140,453			3,145,007,182


Net assets:

Beginning of period		4,940,992,053			1,795,984,871

End of period	$	6,521,132,506		$	4,940,992,053

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Fund outstanding throughout the periods indicated.

Private Investment Class


																									Ratio of			Ratio of
																									expenses			expenses
																									to average			to average net			Ratio of net
	Net asset													Dividends											net assets			assets without			investment
	value,			Net			Net gains				Total from			from net		Net asset						Net assets,			with fee waivers			fee waivers			income
	beginning			investment			on securities				investment			investment		value, end			Total			end of period			and/or expense			and/or expense			to average
	of period			income^(a)			(realized)				operations			income		of period			return^(b)			(000’s omitted)			reimbursements			reimbursements			net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$	1.00		$	0.03		$	0.00			$	0.03		$(0.03)		$	1.00		2.58	%		$	26		0.48	%^(c)		0.55	%^(c)		5.12	%^(c)
Year ended 08/31/23			1.00			0.04			(0.00	)			0.04		(0.04)			1.00		4.19				25		0.48			0.55			4.33
Year ended 08/31/22			1.00			0.00			0.00				0.00		(0.00)			1.00		0.38				24		0.22			0.55			0.57
Year ended 08/31/21			1.00			0.00			0.00				0.00		(0.00)			1.00		0.01				162		0.25			0.55			0.00
Year ended 08/31/20			1.00			0.01			0.00				0.01		(0.01)			1.00		0.93				362		0.47			0.55			0.93
Year ended 08/31/19			1.00			0.02			0.00				0.02		(0.02)			1.00		2.06				1,000		0.48			0.55			2.07

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

The Fund’s investment objective is to provide current income consistent with preservation of capital and liquidity.

The Fund may impose a fee upon the sale of shares.

The following is a summary of the significant accounting policies followed by the Fund in the preparation of their financial statements.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund’s net asset value and, accordingly, they reduce the Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and the Statement of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the investment adviser.

The Fund allocates realized capital gains and losses to a class based on the relative net assets of the class. The Fund allocates income to a class based on the relative settled shares of the class.

D.	Distributions – It is the policy of the Fund to declare dividends from net investment income, if any, daily and pay them monthly. The Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

F.	Expenses – Fees provided for under the Rule 12b-1 plan of a particular class of the Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period including estimates and assumptions related to taxation. Actual results could differ from those estimates by a significant amount. In addition, the Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print.

Indemnifications – Under the Trust’s organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts, including the Fund’s servicing agreements, that contain a variety of indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against such Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

Repurchase Agreements – The Fund may enter into repurchase agreements. Collateral on repurchase agreements, including the Fund’s pro-rata interest in joint repurchase agreements, is taken into possession by the Fund upon entering into the repurchase agreement. Collateral consisting of U.S. Government Securities and U.S. Government Sponsored Agency Securities is marked to market daily to ensure its market value is typically at least 102% of the sales price of the repurchase agreement. Collateral consisting of non-government securities is marked to market daily to ensure its market value is typically at least 105% of the sales price of the repurchase agreement. The investments in some repurchase agreements, pursuant to procedures approved by the Board of Trustees, are through participation with other mutual funds, private accounts and certain non-registered investment companies managed by the investment advisor or its affiliates (“Joint repurchase agreements”). The principal amount of the repurchase agreement is equal to the value at period-end. If the seller of a repurchase agreement fails to repurchase the security in accordance with the terms of the agreement, the Fund might incur expenses in enforcing its rights, and could experience losses, including a decline in the value of the collateral and loss of income.

Other Risks – The effect on performance from investing in securities issued or guaranteed by companies in the banking and financial services industries will depend to a greater extent on the overall condition of those industries. Financial services companies are highly dependent on the supply of short-term financing. The value of securities of issuers in the banking and financial services industry can be sensitive to changes in government regulation and interest rates and to economic downturns in the United States and abroad.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates

The Adviser has contractually agreed, through at least December 31, 2024, to waive advisory fees equal to 0.07% of the average daily net assets of the Fund.

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio		$	2,022,782


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Trust has entered into master distribution agreements with IDI to serve as the distributor for the Investor Class, Institutional Class, Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares. The Trust has adopted plans pursuant to Rule 12b-1 under the 1940 Act with respect to the Fund’s Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares (collectively, the “Plans”). The Fund, pursuant to the Plans, pays IDI compensation at the annual rate of 0.55% of the Fund’s average daily net assets of Personal Investment Class shares, 0.30% of the average daily net assets of Private Investment Class shares, 0.87% of the average daily net assets of Reserve Class shares and 0.16% of the average daily net assets of Resource Class shares. The fees are accrued daily and paid monthly. Of the Plan payments, up to 0.25% of the average daily net assets of each class of shares may be paid to furnish continuing personal shareholder services to customers who purchase and own shares of such class. Any amounts not paid as a service fee under the Plans would constitute an asset-based sales charge. Rules of the Financial Industry Regulatory Authority (“FINRA”) impose a cap on the total sales charges, including asset-based sales charges, that may be paid by any class of shares of the Fund. For the six months ended February 29, 2024, expenses incurred under the plans are shown in the Statement of Operations as Distribution fees.

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3–Additional Valuation Information


Level 1 –		Prices are determined using quoted prices in an active market for identical assets.
Level 2 –		Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 –		Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

Certain current Trustees were eligible to participate in a retirement plan that provided for benefits to be paid upon retirement to Trustees over a period of time based on the number of years of service. The Fund may have certain former Trustees that also participate in a retirement plan and receive benefits under such plan. The Fund’s allocable portion of the remuneration paid to the Trustees, including its allocable portion of the fees and benefits of the deferred compensation plan and retirement plan are paid by Invesco and not by the Trust.

NOTE 5–Cash Balances

The Fund is permitted to temporarily overdraft or leave balances in its account with BNY Mellon, the custodian bank. Such balances, if any at period-end, are shown in the Statement of Assets and Liabilities under the payable caption Amount due custodian. To compensate BNY Mellon or the Fund for such activity, the Fund may either (1) pay to or receive from BNY Mellon compensation at a rate agreed upon by BNY Mellon and Invesco, not to exceed the contractually agreed upon rate; or (2) leave funds or overdraft funds as a compensating balance in the account so BNY Mellon or the Fund can be compensated for use of funds.

NOTE 6–Tax Information

Capital loss carryforward is calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforward actually available for the Fund to utilize. The ability to utilize capital loss carryforward in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Fund had a capital loss carryforward as of August 31, 2023.

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity
	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount
Sold:

Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518
Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110
Private Investment Class		109			109			-			-
Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923
Reserve Class		42			42			-			-
Resource Class		2,908			2,908			-			-

Issued as reinvestment of dividends:

Investor Class		3,256,583			3,256,583			3,726,275			3,726,275
Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193
Private Investment Class		650			650			945			945
Personal Investment Class		210,413			210,413			280,128			280,128
Reserve Class		244			244			343			343
Resource Class		17,414			17,414			55,926			55,926

Reacquired:

Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267	)
Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281	)
Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435	)
Resource Class		-			-			(2,247,211	)		(2,247,211	)
Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Private Investment Class, you incur ongoing costs, including management fees, distribution and/or service (12b-1) fees and other Fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

Hypothetical example for comparison purposes

The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

ACTUAL

HYPOTHETICAL
(5% annual return before expenses)

Private Investment
Class

Beginning
Account Value
(09/01/23)

Ending

Account Value
(02/29/24)¹

Expenses

Paid During
Period²

Ending

Account Value
(02/29/24)

Expenses

Paid During
Period²

Annualized
Expense

Ratio

Invesco Premier Portfolio

$1,000.00

$1,025.80

$2.42

$1,022.48

$2.41

0.48%

²	Expenses are equal to the Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

(1)	Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


	Matter	Votes For	Votes Against/Withheld

(1)*	Beth Ann Brown	16,075,951,959.62		36,872,353.55
	Carol Deckbar	16,065,793,461.22		47,030,851.95
	Cynthia Hostetler	16,078,784,732.62		34,039,580.55
	Dr. Eli Jones	16,074,657,057.61		38,167,255.56
	Elizabeth Krentzman	16,068,972,914.62		43,851,398.55
	Jeffrey H. Kupor	16,060,460,799.61		52,363,513.56
	Anthony J. LaCava, Jr.	16,066,988,626.61		45,835,686.56
	James Liddy	16,068,613,660.61		44,210,652.56
	Dr. Prema Mathai-Davis	16,065,469,804.96		47,354,508.21
	Joel W. Motley	16,059,943,470.21		52,880,842.96
	Teresa M. Ressel	16,075,675,425.62		37,148,887.55
	Douglas Sharp	16,067,361,330.61		45,462,982.56
	Robert C. Troccoli	16,060,594,616.61		52,229,696.56
	Daniel S. Vandivort	16,063,429,375.61		49,394,937.56

*	Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(This page intentionally left blank)

Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Qualified persons, including beneficial owners of the Fund’s shares and prospective investors, may obtain access to the website by calling the distributor at 800 659 1005 and selecting option 2. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Cash Management Alliance Services department at 800 659 1005, option 1, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-5

LOGO


Semiannual Report to Shareholders			February 29, 2024
Personal Investment Class
AIM Treasurer’s Series Trust
(Invesco Treasurer’s Series Trust)
Invesco Premier Portfolio


2		Fund Data
3		Schedule of Investments
8		Financial Statements
11		Financial Highlights
12		Notes to Financial Statements
16		Fund Expenses
17		Proxy Results

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data


Personal Investment Class data as of 2/29/24
FUND	WEIGHTED		WEIGHTED	TOTAL
	AVERAGE		AVERAGE	NET
	MATURITY		LIFE	ASSETS

	Range	At	At
	During	Reporting	Reporting
	Reporting	Period	Period
	Period	End	End
Invesco Premier	31 - 52 days	33 days	76 days	$11.3 million

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes.
Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Commercial Paper-46.39%^(a)
Asset Management & Custody Banks-0.38%
BofA Securities, Inc. (SOFR + 0.49%)^(b)		5.89%		11/29/2024	$	25,000	$	25,000,000

Asset-Backed Securities - Consumer Receivables-0.52%
Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.41%		09/06/2024		10,000		9,727,000
Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.76%		11/22/2024		25,000		23,993,264
								33,720,264

Asset-Backed Securities - Fully Supported-1.30%
Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)		5.52%		03/11/2024		35,000		35,000,000
Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)		5.47%		05/22/2024		250		250,000
Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)		5.81%		05/13/2024		50,000		49,428,167
								84,678,167

Asset-Backed Securities - Fully Supported Bank-5.94%
Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)		5.50%		07/10/2024		80,000		80,000,000
Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)		5.49%		07/22/2024		40,000		40,000,000
Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)		5.85%		08/02/2024		110,000		107,364,889
Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)		5.36%		03/06/2024		160,000		159,881,111
								387,246,000

Consumer Finance-0.76%
Toyota Finance Australia Ltd. (Australia)^(d)		5.48%		05/22/2024		50,000		49,383,861

Diversified Banks-27.90%
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.65%		05/24/2024		49,000		48,371,738
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.40%		07/15/2024		50,000		49,012,111
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.36%		09/18/2024		25,000		24,281,146
Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)		5.59%		10/30/2024		25,000		25,000,000
Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)		5.74%		01/08/2025		50,000		50,000,000
Banco Santander S.A. (Spain)^(c)(d)		5.71%		04/16/2024		50,000		49,643,500
Bank of Montreal (Canada)^(d)		5.60%		03/01/2024		10,000		10,000,000
Barclays Bank PLC^(c)(d)		5.78%		05/14/2024		50,000		49,422,389
Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)		5.55%		08/23/2024		25,000		25,000,000
BNG Bank N.V. (Netherlands)^(c)(d)		5.34%		03/04/2024		100,000		99,955,667
Canadian Imperial Bank of Commerce (Canada)^(c)(d)		5.33%		03/06/2024		50,000		49,963,056
Canadian Imperial Bank of Commerce^(c)(d)		5.88%		06/17/2024		25,000		24,584,125
Citigroup Global Markets, Inc.^(c)		5.80%		03/25/2024		50,000		49,812,333
Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/10/2024		45,000		45,000,000
Commonwealth Bank of Australia (Australia)^(c)(d)		5.95%		10/16/2024		50,000		48,212,528
Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)		5.74%		01/03/2025		100,000		100,000,000
DBS Bank Ltd. (Singapore)^(c)(d)		5.32%		03/14/2024		50,000		49,904,306
Dexia Credit Local S.A. (France)^(c)(d)		5.77%		03/04/2024		40,000		39,981,333
Dexia Credit Local S.A. (France)^(c)(d)		5.85%		05/02/2024		30,000		29,706,533
DNB Bank ASA (Norway)^(c)(d)		5.94%		09/18/2024		45,000		43,593,000
DNB Bank ASA (Norway)^(c)(d)		5.25%		09/24/2024		26,700		25,924,699
DNB Bank ASA (Norway)^(c)(d)		5.97%		10/01/2024		50,000		48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Diversified Banks-(continued)
ING (US) Funding LLC^(c)(d)		5.82%		05/01/2024	$	40,000	$	39,617,056
ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)		5.84%		06/13/2024		69,500		69,500,000
ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)		5.71%		02/10/2025		35,000		34,997,752
J.P. Morgan Securities LLC^(c)		6.00%		10/15/2024		50,000		50,000,000
Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)		5.97%		09/23/2024		100,000		100,000,000
Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)		5.79%		05/01/2024		50,000		49,523,014
Svenska Handelsbanken AB (Sweden)^(c)(d)		5.54%		05/22/2024		50,000		49,402,083
Swedbank AB (Sweden)^(d)		5.78%		03/12/2024		65,000		64,888,380
Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)		5.60%		07/31/2024		50,000		50,000,000
Swedbank AB (SOFR + 0.21%)^(b)(d)		5.58%		08/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)		6.06%		04/11/2024		20,000		20,000,000
Toronto-Dominion Bank (The) (Canada)^(c)(d)		5.19%		12/02/2024		50,000		48,102,500
United Overseas Bank Ltd. (Singapore)^(c)(d)		5.82%		04/16/2024		25,000		24,819,514
Westpac Banking Corp. (Australia)^(c)(d)		5.56%		05/06/2024		50,000		49,516,000
Westpac Banking Corp. (Australia)^(c)(d)		5.93%		09/05/2024		30,000		29,122,667
Westpac Banking Corp. (Australia)^(c)(d)		5.41%		09/11/2024		3,950		3,839,312
Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93%		10/08/2024		100,000		100,000,000
								1,819,023,381

Diversified Capital Markets-6.00%
Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)		5.73%		10/17/2024		35,000		35,000,000
Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)		5.72%		11/22/2024		15,000		15,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		60,000		60,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62%		07/31/2024		50,000		50,000,000
Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)		5.34%		03/06/2024		47,500		47,464,837
UBS AG (SOFR + 0.44%)^(b)(c)(d)		5.85%		07/26/2024		75,000		75,000,000
UBS AG (SOFR + 0.50%)^(b)(c)(d)		5.91%		08/07/2024		50,000		50,000,000
UBS AG^(c)(d)		5.41%		10/02/2024		30,000		29,068,333
UBS AG (SOFR + 0.25%)^(b)(c)(d)		5.64%		11/22/2024		30,000		30,000,000
								391,533,170

Specialized Finance-3.59%
Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)		5.49%		03/14/2024		75,000		75,000,000
Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)		5.66%		08/02/2024		40,000		40,000,000
CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)		5.73%		01/09/2025		25,000		25,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.53%		04/08/2024		15,000		15,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.47%		05/13/2024		50,000		50,000,000
Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)		5.76%		08/09/2024		30,000		29,259,400
								234,259,400
Total Commercial Paper (Cost $3,024,844,243)								3,024,844,243

Certificates of Deposit-34.65%
Bank of America N.A. (SOFR + 0.50%)^(b)		5.81%		05/23/2024		50,000		50,000,000
Bank of America N.A. (SOFR + 0.35%)^(b)		5.74%		01/07/2025		50,000		50,000,000
Canadian Imperial Bank of Commerce (Canada)^(d)		5.31%		03/01/2024		172,000		172,000,000
Canadian Imperial Bank of Commerce^(d)		5.60%		05/24/2024		75,000		75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


					Principal
	Interest		Maturity		Amount
	Rate		Date		(000)		Value
Cooperatieve Rabobank U.A. (Cayman Islands)^(d)		5.30%		03/01/2024	$	100,000	$	100,000,000
Cooperatieve Rabobank U.A.^(d)		5.75%		06/17/2024		10,000		10,000,000
Cooperatieve Rabobank U.A.^(d)		5.50%		12/04/2024		22,000		22,009,518
Credit Agricole Corporate and Investment Bank^(d)		5.30%		03/01/2024		158,000		158,000,000
Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)		5.55%		08/14/2024		100,000		100,003,513
DNB Bank ASA^(d)		5.31%		03/01/2024		205,000		205,000,000
DZ Bank AG^(d)		5.30%		03/01/2024		323,000		323,000,000
Mizuho Bank Ltd.^(d)		5.32%		03/01/2024		273,000		273,000,000
Royal Bank of Canada^(d)		5.93%		09/16/2024		25,000		25,000,000
Skandinaviska Enskilda Banken AB^(d)		5.31%		03/01/2024		224,000		224,000,000
Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)		5.61%		08/30/2024		50,000		50,000,000
Svenska Handelsbanken AB^(d)		5.30%		03/01/2024		274,000		274,000,000
Swedbank AB^(d)		5.39%		12/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		6.00%		08/15/2024		10,000		10,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		5.95%		09/09/2024		50,000		50,000,000
Toronto-Dominion Bank (The)^(d)		6.00%		09/09/2024		30,000		30,000,000
Toronto-Dominion Bank (The)^(d)		5.67%		09/20/2024		8,719		8,731,439
Total Certificates of Deposit (Cost $2,259,744,470)								2,259,744,470

Variable Rate Demand Notes-1.04%^(e)
Credit Enhanced-1.04%
Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)		5.38%		04/01/2035		6,000		6,000,000
Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB		5.30%		08/01/2045		23,200		23,200,000
Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		3,800		3,800,000
Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92%		04/01/2047		23,000		23,000,000
Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)		5.38%		05/01/2037		7,655		7,655,000
Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)		5.44%		01/01/2033		4,100		4,100,000
Total Variable Rate Demand Notes (Cost $67,755,000)								67,755,000
TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)								5,352,343,713

					Repurchase
					Amount

Repurchase Agreements-17.17%^(g)
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% -13.34%; 03/08/2024 - 02/25/2069)^(d)(h)		5.45%		03/06/2024		35,037,090		35,000,000
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% -9.95%; 03/08/2024 - 04/20/2072)^(d)(h)		5.42%		03/06/2024		80,084,311		80,000,000
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)		5.46%		03/01/2024		70,074,317		70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest		Maturity		Repurchase
	Rate		Date		Amount		Value
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)		5.40%		03/01/2024	$	150,157,500	$	150,000,000
BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)		5.36%		03/01/2024		100,014,889		100,000,000
BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% -8.58%; 03/05/2024 - 02/15/2119)^(h)		5.40%		03/01/2024		120,018,000		120,000,000
Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)		5.41%		03/01/2024		30,130,725		30,000,000
ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)		5.39%		03/01/2024		100,014,972		100,000,000
J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 -07/22/2062)^(j)		5.61%		03/01/2024		110,497,689		110,000,000
RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 -01/18/2082)^(d)(h)		5.50%		03/05/2024		25,026,736		25,000,000
Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)		5.49%		03/01/2024		28,004,270		28,000,000
Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31%		03/01/2024		196,952,920		196,923,874
TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)		5.40%		03/01/2024		75,078,750		75,000,000

Total Repurchase Agreements (Cost $1,119,923,874)								1,119,923,874

TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)								6,472,267,587

OTHER ASSETS LESS LIABILITIES-0.75%								48,864,919

NET ASSETS-100.00%							$	6,521,132,506


Investment Abbreviations:

CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

^(d)

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7			51.3%
8-30			4.2
31-60			1.7
61-90			9.1
91-180			14.2
181+			19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Assets and Liabilities

February 29, 2024

(Unaudited)


	Invesco Premier Portfolio
Assets:
Investments in unaffiliated securities, at value	$	5,352,343,713

Repurchase agreements, at value and cost		1,119,923,874

Receivable for:
Fund shares sold		39,640,419

Interest		16,931,988

Investment for trustee deferred compensation and retirement plans		689,415

Other assets		131

Total assets		6,529,529,540


Liabilities:
Payable for:
Fund shares reacquired		4,380,284

Amount due custodian		4,419

Dividends		2,406,060

Accrued fees to affiliates		915,928

Accrued operating expenses		928

Trustee deferred compensation and retirement plans		689,415

Total liabilities		8,397,034

Net assets applicable to shares outstanding	$	6,521,132,506


Net assets consist of:
Shares of beneficial interest	$	6,521,007,342

Distributable earnings (loss)		125,164

	$	6,521,132,506


Net Assets:
Investor Class	$	137,536,091

Institutional Class	$	6,371,570,327

Private Investment Class	$	25,885

Personal Investment Class	$	11,314,290

Reserve Class	$	10,927

Resource Class	$	674,986


Shares outstanding, no par value, unlimited number of shares authorized:
Investor Class		137,518,736

Institutional Class		6,371,135,753

Private Investment Class		25,882

Personal Investment Class		11,313,673

Reserve Class		10,926

Resource Class		674,907

Net asset value, offering and redemption price per share for each class	$	1.00

Cost of Investments	$	6,472,267,587

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Operations

For the six months ended February 29, 2024

(Unaudited)


	Invesco Premier Portfolio

Investment income:
Interest	$	161,816,767


Expenses:
Advisory fees		7,224,222

Distribution fees:
Private Investment Class		38

Personal Investment Class		23,721

Reserve Class		47

Resource Class		529

Professional services fees		3,390

Total expenses		7,251,947

Less: Fees waived		(2,022,782	)

Net expenses		5,229,165

Net investment income		156,587,602

Net realized gain from unaffiliated investment securities		20,583

Net increase in net assets resulting from operations	$	156,608,185

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


	Invesco Premier Portfolio
	February 29, 2024			August 31, 2023

Operations:
Net investment income	$	156,587,602		$	155,276,607

Net realized gain (loss)		20,583			(985	)

Net increase in net assets resulting from operations		156,608,185			155,275,622


Distributions to shareholders from distributable earnings:
Investor Class		(4,194,120	)		(4,607,779	)

Institutional Class		(152,164,761	)		(150,314,419	)

Private Investment Class		(650	)		(1,014	)

Personal Investment Class		(210,413	)		(297,098	)

Reserve Class		(244	)		(371	)

Resource Class		(17,414	)		(55,926	)

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)


Share transactions-net:
Investor Class		(20,937,707	)		115,463,526

Institutional Class		1,596,827,057			3,032,288,022

Private Investment Class		759			945

Personal Investment Class		4,209,153			(553,384	)

Reserve Class		286			343

Resource Class		20,322			(2,191,285	)

Net increase in net assets resulting from share transactions		1,580,119,870			3,145,008,167

Net increase in net assets		1,580,140,453			3,145,007,182


Net assets:
Beginning of period		4,940,992,053			1,795,984,871

End of period	$	6,521,132,506		$	4,940,992,053

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Fund outstanding throughout the periods indicated.


Personal Investment Class
	Net asset value, beginning of period		Net investment income^(a)		Net gains on securities (realized)			Total from investment operations		Dividends from net investment income		Net asset value, end of period		Total return^(b)			Net assets, end of period (000’s omitted)		Ratio of expenses to average net assets with fee waivers and/or expense reimbursements			Ratio of expenses to average net assets without fee waivers and/or expense reimbursements			Ratio of net investment income to average net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$1.00		$0.02		$(0.00	)		$0.02		$(0.02)		$1.00		2.45	%		$11,314		0.73	%^(c)		0.80	%^(c)		4.87	%^(c)
Year ended 08/31/23		1.00		0.04		(0.00	)		0.04		(0.04)		1.00		3.92			7,105		0.73			0.80			4.07
Year ended 08/31/22		1.00		0.00		0.00			0.00		(0.00)		1.00		0.29			7,660		0.40			0.80			0.39
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00)		1.00		0.01			10,829		0.23			0.80			0.02
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01)		1.00		0.74			8,201		0.65			0.80			0.75
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02)		1.00		1.81			13,771		0.73			0.80			1.82

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

The Fund’s investment objective is to provide current income consistent with preservation of capital and liquidity.

The Fund may impose a fee upon the sale of shares.

The following is a summary of the significant accounting policies followed by the Fund in the preparation of their financial statements.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund’s net asset value and, accordingly, they reduce the Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and the Statement of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the investment adviser.

The Fund allocates realized capital gains and losses to a class based on the relative net assets of the class. The Fund allocates income to a class based on the relative settled shares of the class.

Country Determination - For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues, the country that has the primary market for the issuer’s securities and its “country of risk” as determined by a third party service provider, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

D.	Distributions - It is the policy of the Fund to declare dividends from net investment income, if any, daily and pay them monthly. The Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Federal Income Taxes — The Fund intends to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), necessary to qualify as a regulated investment company and to distribute substantially all of the Fund’s taxable earnings to shareholders. As such, the Fund will not be subject to federal income taxes on otherwise taxable income (including net realized capital gain) that is distributed to shareholders. Therefore, no provision for federal income taxes is recorded in the financial statements.

F.	Expenses - Fees provided for under the Rule 12b-1 plan of a particular class of the Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

Accounting Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period including estimates and assumptions related to taxation. Actual results could differ from those estimates by a significant amount. In addition, the Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print.

Indemnifications - Under the Trust’s organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts, including the Fund’s servicing agreements, that contain a variety of indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against such Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

Repurchase Agreements - The Fund may enter into repurchase agreements. Collateral on repurchase agreements, including the Fund’s pro-rata interest in joint repurchase agreements, is taken into possession by the Fund upon entering into the repurchase agreement. Collateral consisting of U.S. Government Securities and U.S. Government Sponsored Agency Securities is marked to market daily to ensure its market value is typically at least 102% of the sales price of the repurchase agreement. Collateral consisting of non-government securities is marked to market daily to ensure its market value is typically at least 105% of the sales price of the repurchase agreement. The investments in some repurchase agreements, pursuant to procedures approved by the Board of Trustees, are through participation with other mutual funds, private accounts and certain non-registered investment companies managed by the investment advisor or its affiliates (“Joint repurchase agreements”). The principal amount of the repurchase agreement is equal to the value at period-end. If the seller of a repurchase agreement fails to repurchase the security in accordance with the terms of the agreement, the Fund might incur expenses in enforcing its rights, and could experience losses, including a decline in the value of the collateral and loss of income.

Other Risks - The effect on performance from investing in securities issued or guaranteed by companies in the banking and financial services industries will depend to a greater extent on the overall condition of those industries. Financial services companies are highly dependent on the supply of short-term financing. The value of securities of issuers in the banking and financial services industry can be sensitive to changes in government regulation and interest rates and to economic downturns in the United States and abroad.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates

The Adviser has contractually agreed, through at least December 31, 2024, to waive advisory fees equal to 0.07% of the average daily net assets of the Fund.

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio		$	2,022,782


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Trust has entered into master distribution agreements with IDI to serve as the distributor for the Investor Class, Institutional Class, Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares. The Trust has adopted plans pursuant to Rule 12b-1 under the 1940 Act with respect to the Fund’s Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares (collectively, the “Plans”). The Fund, pursuant to the Plans, pays IDI compensation at the annual rate of 0.55% of the Fund’s average daily net assets of Personal Investment Class shares, 0.30% of the average daily net assets of Private Investment Class shares, 0.87% of the average daily net assets of Reserve Class shares and 0.16% of the average daily net assets of Resource Class shares. The fees are accrued daily and paid monthly. Of the Plan payments, up to 0.25% of the average daily net assets of each class of shares may be paid to furnish continuing personal shareholder services to customers who purchase and own shares of such class. Any amounts not paid as a service fee under the Plans would constitute an asset-based sales charge. Rules of the Financial Industry Regulatory Authority (“FINRA”) impose a cap on the total sales charges, including asset-based sales charges, that may be paid by any class of shares of the Fund. For the six months ended February 29, 2024, expenses incurred under the plans are shown in the Statement of Operations as Distribution fees.

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3–Additional Valuation Information


		Level 1 –		Prices are determined using quoted prices in an active market for identical assets.
		Level 2 –		Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
		Level 3 –		Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

Certain current Trustees were eligible to participate in a retirement plan that provided for benefits to be paid upon retirement to Trustees over a period of time based on the number of years of service. The Fund may have certain former Trustees that also participate in a retirement plan and receive benefits under such plan. The Fund’s allocable portion of the remuneration paid to the Trustees, including its allocable portion of the fees and benefits of the deferred compensation plan and retirement plan are paid by Invesco and not by the Trust.

NOTE 5–Cash Balances

The Fund is permitted to temporarily overdraft or leave balances in its account with BNY Mellon, the custodian bank. Such balances, if any at period-end, are shown in the Statement of Assets and Liabilities under the payable caption Amount due custodian. To compensate BNY Mellon or the Fund for such activity, the Fund may either (1) pay to or receive from BNY Mellon compensation at a rate agreed upon by BNY Mellon and Invesco, not to exceed the contractually agreed upon rate; or (2) leave funds or overdraft funds as a compensating balance in the account so BNY Mellon or the Fund can be compensated for use of funds.

NOTE 6–Tax Information

Capital loss carryforward is calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforward actually available for the Fund to utilize. The ability to utilize capital loss carryforward in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Fund had a capital loss carryforward as of August 31, 2023.


	Short-Term
Fund	Not Subject to Expiration	Total*
Invesco Premier Portfolio	$986	$986

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity
	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount
Sold:
Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518

Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110

Private Investment Class		109			109			-			-

Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923

Reserve Class		42			42			-			-

Resource Class		2,908			2,908			-			-


Issued as reinvestment of dividends:
Investor Class		3,256,583			3,256,583			3,726,275			3,726,275

Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193

Private Investment Class		650			650			945			945

Personal Investment Class		210,413			210,413			280,128			280,128

Reserve Class		244			244			343			343

Resource Class		17,414			17,414			55,926			55,926


Reacquired:
Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267	)

Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281	)

Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435	)

Resource Class		-			-			(2,247,211	)		(2,247,211	)

Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Personal Investment Class, you incur ongoing costs, including management fees, distribution and/or service (12b-1) fees and other Fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

Hypothetical example for comparison purposes

The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

ACTUAL

HYPOTHETICAL

(5% annual return before expenses)

Personal Investment

Class

Beginning

Account Value
(09/01/23)

Ending

Account Value
(02/29/24)¹

Expenses

Paid During

Period²

Ending

Account Value
(02/29/24)

Expenses

Paid During

Period²

Annualized

Expense

Ratio

Invesco Premier Portfolio

$1,000.00

$1,024.50

$3.67

$1,021.23

$3.67

0.73%

²	Expenses are equal to the Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

(1)	Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


	Matter	Votes For		Votes Against/Withheld

(1)*	Beth Ann Brown		16,075,951,959.62		36,872,353.55
	Carol Deckbar		16,065,793,461.22		47,030,851.95
	Cynthia Hostetler		16,078,784,732.62		34,039,580.55
	Dr. Eli Jones		16,074,657,057.61		38,167,255.56
	Elizabeth Krentzman		16,068,972,914.62		43,851,398.55
	Jeffrey H. Kupor		16,060,460,799.61		52,363,513.56
	Anthony J. LaCava, Jr.		16,066,988,626.61		45,835,686.56
	James Liddy		16,068,613,660.61		44,210,652.56
	Dr. Prema Mathai-Davis		16,065,469,804.96		47,354,508.21
	Joel W. Motley		16,059,943,470.21		52,880,842.96
	Teresa M. Ressel		16,075,675,425.62		37,148,887.55
	Douglas Sharp		16,067,361,330.61		45,462,982.56
	Robert C. Troccoli		16,060,594,616.61		52,229,696.56
	Daniel S. Vandivort		16,063,429,375.61		49,394,937.56

*	Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

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Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Qualified persons, including beneficial owners of the Fund’s shares and prospective investors, may obtain access to the website by calling the distributor at 800 659 1005 and selecting option 2. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Cash Management Alliance Services department at 800 659 1005, option 1, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-6

LOGO


Semiannual Report to Shareholders		February 29, 2024

Reserve Class

AIM Treasurer’s Series Trust

(Invesco Treasurer’s Series Trust)

Invesco Premier Portfolio



2		Fund Data
3		Schedule of Investments
8		Financial Statements
11		Financial Highlights
12		Notes to Financial Statements
16		Fund Expenses
17		Proxy Results

Unless otherwise stated, information presented in this report is as of February 29, 2024, and is based on total net assets. Unless otherwise stated, all data is provided by Invesco.

NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE

Fund Data


Reserve Class data as of 2/29/24
FUND	WEIGHTED		WEIGHTED	TOTAL
	AVERAGE		AVERAGE	NET
	MATURITY		LIFE	ASSETS

	Range	At	At
	During	Reporting	Reporting
	Reporting	Period	Period
	Period	End	End
Invesco Premier	31 - 52 days	33 days	76 days	$10.9 thousand

Weighted average maturity (WAM) is an average of the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAM is the lower of the stated maturity date or next interest rate reset date. WAM reflects how a portfolio would react to interest rate changes. Weighted average life (WAL) is an average of all the maturities of all securities held in the portfolio, weighted by each security’s percentage of net assets. The days to maturity for WAL is the lower of the stated maturity date or next demand feature date. WAL reflects how a portfolio would react to deteriorating credit (widening spreads) or tightening liquidity conditions.


2		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments

February 29, 2024

(Unaudited)

Invesco Premier Portfolio


	Interest Rate			Maturity Date		Principal Amount (000)		Value
Commercial Paper-46.39%^(a)
Asset Management & Custody Banks-0.38%
BofA Securities, Inc. (SOFR + 0.49%)^(b)		5.89	%		11/29/2024	$	25,000	$	25,000,000

Asset-Backed Securities - Consumer Receivables-0.52%
Old Line Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.41	%		09/06/2024		10,000		9,727,000
Thunder Bay Funding LLC (CEP - Royal Bank of Canada)^(c)(d)		5.76	%		11/22/2024		25,000		23,993,264
									33,720,264

Asset-Backed Securities - Fully Supported-1.30%
Atlantic Asset Securitization LLC (SOFR + 0.40%) (CEP - Credit Agricole Corporate & Investment Bank S.A.)^(b)(c)(d)		5.52	%		03/11/2024		35,000		35,000,000
Bennington Stark Capital Co. LLC (SOFR + 0.15%) (CEP - Societe Generale S.A.)^(b)(c)(d)		5.47	%		05/22/2024		250		250,000
Ridgefield Funding Co. LLC (CEP - BNP Paribas S.A.)^(c)(d)		5.81	%		05/13/2024		50,000		49,428,167
									84,678,167

Asset-Backed Securities - Fully Supported Bank-5.94%
Anglesea Funding LLC (1 mo. OBFR + 0.15%) (Multi - CEP’s)^(b)(c)(d)		5.50	%		07/10/2024		80,000		80,000,000
Anglesea Funding LLC (1 mo. OBFR + 0.14%)^(b)(c)(d)		5.49	%		07/22/2024		40,000		40,000,000
Liberty Street Funding LLC (CEP - Bank of Nova Scotia)^(c)(d)		5.85	%		08/02/2024		110,000		107,364,889
Mountcliff Funding LLC (Multi - CEP’s)^(c)(d)		5.36	%		03/06/2024		160,000		159,881,111
									387,246,000

Consumer Finance-0.76%
Toyota Finance Australia Ltd. (Australia)^(d)		5.48	%		05/22/2024		50,000		49,383,861

Diversified Banks-27.90%
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.65	%		05/24/2024		49,000		48,371,738
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.40	%		07/15/2024		50,000		49,012,111
Australia & New Zealand Banking Group Ltd. (Australia)^(c)(d)		5.36	%		09/18/2024		25,000		24,281,146
Australia & New Zealand Banking Group Ltd. (SOFR + 0.20%) (Australia)^(b)(c)(d)		5.59	%		10/30/2024		25,000		25,000,000
Australia & New Zealand Banking Group Ltd. (SOFR + 0.34%) (Australia)^(b)(c)(d)		5.74	%		01/08/2025		50,000		50,000,000
Banco Santander S.A. (Spain)^(c)(d)		5.71	%		04/16/2024		50,000		49,643,500
Bank of Montreal (Canada)^(d)		5.60	%		03/01/2024		10,000		10,000,000
Barclays Bank PLC^(c)(d)		5.78	%		05/14/2024		50,000		49,422,389
Barclays Bank PLC (SOFR + 0.18%)^(b)(c)(d)		5.55	%		08/23/2024		25,000		25,000,000
BNG Bank N.V. (Netherlands)^(c)(d)		5.34	%		03/04/2024		100,000		99,955,667
Canadian Imperial Bank of Commerce (Canada)^(c)(d)		5.33	%		03/06/2024		50,000		49,963,056
Canadian Imperial Bank of Commerce^(c)(d)		5.88	%		06/17/2024		25,000		24,584,125
Citigroup Global Markets, Inc.^(c)		5.80	%		03/25/2024		50,000		49,812,333
Commonwealth Bank of Australia (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93	%		10/10/2024		45,000		45,000,000
Commonwealth Bank of Australia (Australia)^(c)(d)		5.95	%		10/16/2024		50,000		48,212,528
Commonwealth Bank of Australia (SOFR + 0.35%) (Australia)^(b)(c)(d)		5.74	%		01/03/2025		100,000		100,000,000
DBS Bank Ltd. (Singapore)^(c)(d)		5.32	%		03/14/2024		50,000		49,904,306
Dexia Credit Local S.A. (France)^(c)(d)		5.77	%		03/04/2024		40,000		39,981,333
Dexia Credit Local S.A. (France)^(c)(d)		5.85	%		05/02/2024		30,000		29,706,533
DNB Bank ASA (Norway)^(c)(d)		5.94	%		09/18/2024		45,000		43,593,000
DNB Bank ASA (Norway)^(c)(d)		5.25	%		09/24/2024		26,700		25,924,699
DNB Bank ASA (Norway)^(c)(d)		5.97	%		10/01/2024		50,000		48,326,639

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


3		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate			Maturity Date		Principal Amount (000)		Value
Diversified Banks-(continued)
ING (US) Funding LLC^(c)(d)		5.82	%		05/01/2024	$	40,000	$	39,617,056
ING (US) Funding LLC (SOFR + 0.48%)^(b)(c)(d)		5.84	%		06/13/2024		69,500		69,500,000
ING (US) Funding LLC (SOFR + 0.30%)^(b)(c)(d)		5.71	%		02/10/2025		35,000		34,997,752
J.P. Morgan Securities LLC^(c)		6.00	%		10/15/2024		50,000		50,000,000
Royal Bank of Canada (SOFR + 0.55%) (Canada)^(b)(c)(d)		5.97	%		09/23/2024		100,000		100,000,000
Skandinaviska Enskilda Banken AB (Sweden)^(c)(d)		5.79	%		05/01/2024		50,000		49,523,014
Svenska Handelsbanken AB (Sweden)^(c)(d)		5.54	%		05/22/2024		50,000		49,402,083
Swedbank AB (Sweden)^(d)		5.78	%		03/12/2024		65,000		64,888,380
Swedbank AB (SOFR + 0.18%) (Sweden)^(b)(c)(d)		5.60	%		07/31/2024		50,000		50,000,000
Swedbank AB (SOFR + 0.21%)^(b)(d)		5.58	%		08/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (SOFR + 0.68%) (Canada)^(b)(c)(d)		6.06	%		04/11/2024		20,000		20,000,000
Toronto-Dominion Bank (The) (Canada)^(c)(d)		5.19	%		12/02/2024		50,000		48,102,500
United Overseas Bank Ltd. (Singapore)^(c)(d)		5.82	%		04/16/2024		25,000		24,819,514
Westpac Banking Corp. (Australia)^(c)(d)		5.56	%		05/06/2024		50,000		49,516,000
Westpac Banking Corp. (Australia)^(c)(d)		5.93	%		09/05/2024		30,000		29,122,667
Westpac Banking Corp. (Australia)^(c)(d)		5.41	%		09/11/2024		3,950		3,839,312
Westpac Banking Corp. (SOFR + 0.55%) (Australia)^(b)(c)(d)		5.93	%		10/08/2024		100,000		100,000,000
									1,819,023,381

Diversified Capital Markets-6.00%
Collateralized Commercial Paper V Co. LLC (SOFR + 0.34%) (CEP - J.P. Morgan Securities LLC)^(b)		5.73	%		10/17/2024		35,000		35,000,000
Collateralized Commercial Paper V Co. LLC (SOFR + 0.30%) (CEP - J.P. Morgan Securities LLC)^(b)		5.72	%		11/22/2024		15,000		15,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62	%		07/31/2024		60,000		60,000,000
Great Bear Funding LLC (1 mo. OBFR + 0.25%) (CEP - Bank of Nova Scotia)^(b)(d)		5.62	%		07/31/2024		50,000		50,000,000
Longship Funding LLC (CEP - Nordea Bank AB)^(c)(d)		5.34	%		03/06/2024		47,500		47,464,837
UBS AG (SOFR + 0.44%)^(b)(c)(d)		5.85	%		07/26/2024		75,000		75,000,000
UBS AG (SOFR + 0.50%)^(b)(c)(d)		5.91	%		08/07/2024		50,000		50,000,000
UBS AG^(c)(d)		5.41	%		10/02/2024		30,000		29,068,333
UBS AG (SOFR + 0.25%)^(b)(c)(d)		5.64	%		11/22/2024		30,000		30,000,000
									391,533,170

Specialized Finance-3.59%
Barclays Bank PLC (SOFR + 0.37%)^(b)(c)(d)		5.49	%		03/14/2024		75,000		75,000,000
Barclays Bank PLC (SOFR + 0.29%)^(b)(c)(d)		5.66	%		08/02/2024		40,000		40,000,000
CDP Financial, Inc. (SOFR + 0.34%) (Canada)^(b)(c)(d)		5.73	%		01/09/2025		25,000		25,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.53	%		04/08/2024		15,000		15,000,000
Concord Minutemen Capital Co. LLC (CEP - Goldman Sachs International)^(c)		5.47	%		05/13/2024		50,000		50,000,000
Podium Funding Trust (CEP - Bank of Montreal) (Canada)^(d)		5.76	%		08/09/2024		30,000		29,259,400
									234,259,400
Total Commercial Paper (Cost $3,024,844,243)									3,024,844,243

Certificates of Deposit-34.65%
Bank of America N.A. (SOFR + 0.50%)^(b)		5.81	%		05/23/2024		50,000		50,000,000
Bank of America N.A. (SOFR + 0.35%)^(b)		5.74	%		01/07/2025		50,000		50,000,000
Canadian Imperial Bank of Commerce (Canada)^(d)		5.31	%		03/01/2024		172,000		172,000,000
Canadian Imperial Bank of Commerce^(d)		5.60	%		05/24/2024		75,000		75,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


4		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate			Maturity Date		Principal Amount (000)		Value
Cooperatieve Rabobank U.A. (Cayman Islands)^(d)		5.30	%		03/01/2024	$	100,000	$	100,000,000
Cooperatieve Rabobank U.A.^(d)		5.75	%		06/17/2024		10,000		10,000,000
Cooperatieve Rabobank U.A.^(d)		5.50	%		12/04/2024		22,000		22,009,518
Credit Agricole Corporate and Investment Bank^(d)		5.30	%		03/01/2024		158,000		158,000,000
Credit Agricole Corporate and Investment Bank (SOFR + 0.19%) (France)^(b)(d)		5.55	%		08/14/2024		100,000		100,003,513
DNB Bank ASA^(d)		5.31	%		03/01/2024		205,000		205,000,000
DZ Bank AG^(d)		5.30	%		03/01/2024		323,000		323,000,000
Mizuho Bank Ltd.^(d)		5.32	%		03/01/2024		273,000		273,000,000
Royal Bank of Canada^(d)		5.93	%		09/16/2024		25,000		25,000,000
Skandinaviska Enskilda Banken AB^(d)		5.31	%		03/01/2024		224,000		224,000,000
Skandinaviska Enskilda Banken AB (SOFR + 0.18%)^(b)(d)		5.61	%		08/30/2024		50,000		50,000,000
Svenska Handelsbanken AB^(d)		5.30	%		03/01/2024		274,000		274,000,000
Swedbank AB^(d)		5.39	%		12/02/2024		50,000		50,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		6.00	%		08/15/2024		10,000		10,000,000
Toronto-Dominion Bank (The) (Canada)^(d)		5.95	%		09/09/2024		50,000		50,000,000
Toronto-Dominion Bank (The)^(d)		6.00	%		09/09/2024		30,000		30,000,000
Toronto-Dominion Bank (The)^(d)		5.67	%		09/20/2024		8,719		8,731,439
Total Certificates of Deposit (Cost $2,259,744,470)									2,259,744,470

Variable Rate Demand Notes-1.04%^(e)

Credit Enhanced-1.04%
Altoona-Blair County Development Corp.; Series 2015, VRD Bonds (LOC - PNC Bank, N.A.)^(c)(f)		5.38	%		04/01/2035		6,000		6,000,000
Board of Regents of the University of Texas System; Subseries 2016 G-1, VRD RB		5.30	%		08/01/2045		23,200		23,200,000
Jets Stadium Development LLC; Series 2014 A-4B, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92	%		04/01/2047		3,800		3,800,000
Jets Stadium Development LLC; Series 2014 A-4C, VRD Bonds (LOC - Sumitomo Mitsui Banking Corp.)^(c)(d)(f)		5.92	%		04/01/2047		23,000		23,000,000
Keep Memory Alive; Series 2013, VRD Bonds (LOC - PNC Bank, N.A.)^(f)		5.38	%		05/01/2037		7,655		7,655,000
Ziegler Realty LLC; Series 2007, VRD Notes (LOC - Wells Fargo Bank, N.A.)^(c)(f)		5.44	%		01/01/2033		4,100		4,100,000
Total Variable Rate Demand Notes (Cost $67,755,000)									67,755,000
TOTAL INVESTMENTS IN SECURITIES (excluding Repurchase Agreements)-82.08% (Cost $5,352,343,713)									5,352,343,713

						Repurchase Amount

Repurchase Agreements-17.17%^(g)
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $125,132,465 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $136,125,304; 0.00% -13.34%; 03/08/2024 - 02/25/2069)^(d)(h)		5.45	%		03/06/2024		35,037,090		35,000,000
BMO Capital Markets Corp., joint term agreement dated 02/28/2024, aggregate maturing value of $475,500,597 (collateralized by agency and non-agency asset-backed securities, agency and non-agency mortgage-backed securities, corporate obligations and U.S. government sponsored agency obligations valued at $492,072,563; 0.01% -9.95%; 03/08/2024 - 04/20/2072)^(d)(h)		5.42	%		03/06/2024		80,084,311		80,000,000
BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $115,122,092 (collateralized by corporate obligations valued at $126,499,058; 2.22% - 14.75%; 06/15/2024 - 09/13/2033)^(d)(h)		5.46	%		03/01/2024		70,074,317		70,000,000

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


5		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)


	Interest Rate			Maturity Date		Repurchase Amount		Value

BNP Paribas Securities Corp., joint term agreement dated 02/23/2024, aggregate maturing value of $190,199,500 (collateralized by corporate obligations, a non-agency asset-backed security and non-agency mortgage-backed securities valued at $199,499,001; 1.32% - 9.70%; 04/22/2024 - 02/09/2064)^(d)(h)		5.40	%		03/01/2024	$	150,157,500	$	150,000,000

BofA Securities, Inc., joint term agreement dated 02/27/2024, aggregate maturing value of $500,000,000 (collateralized by U.S. Treasury obligations valued at $464,100,185; 0.25% - 5.44%; 03/15/2024 - 08/15/2053)^(h)(i)		5.36	%		03/01/2024		100,014,889		100,000,000

BofA Securities, Inc., joint term agreement dated 02/29/2024, aggregate maturing value of $250,000,000 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $263,046,159; 0.00% - 8.58%; 03/05/2024 - 02/15/2119)^(h)		5.40	%		03/01/2024		120,018,000		120,000,000

Credit Agricole Corporate & Investment Bank, joint open agreement dated 12/05/2023 (collateralized by corporate obligations, non-agency asset-backed securities, non-agency mortgage-backed securities and U.S. Treasury obligations valued at $158,545,579; 0.80% - 9.34%; 04/15/2024 - 09/15/2072)^(d)(j)		5.41	%		03/01/2024		30,130,725		30,000,000

ING Financial Markets, LLC, joint agreement dated 02/29/2024, aggregate maturing value of $400,059,889 (collateralized by equity securities valued at $383,250,031; 0.00%)^(d)		5.39	%		03/01/2024		100,014,972		100,000,000

J.P. Morgan Securities LLC, joint open agreement dated 07/11/2023 (collateralized by corporate obligations valued at $190,281,990; 0.00% - 10.00%; 03/28/2024 - 07/22/2062)^(j)		5.61	%		03/01/2024		110,497,689		110,000,000

RBC Capital Markets LLC, joint term agreement dated 02/27/2024, aggregate maturing value of $150,160,417 (collateralized by corporate obligations and non-agency asset-backed securities valued at $164,348,302; 0.00% - 14.00%; 03/07/2024 - 01/18/2082)^(d)(h)		5.50	%		03/05/2024		25,026,736		25,000,000

Societe Generale, joint open agreement dated 08/06/2019 (collateralized by corporate obligations, non-agency asset-backed securities and non-agency mortgage-backed securities valued at $62,597,976; 1.95% - 11.50%; 03/18/2024 - 06/15/2054)^(d)(j)		5.49	%		03/01/2024		28,004,270		28,000,000

Sumitomo Mitsui Banking Corp., joint agreement dated 02/29/2024, aggregate maturing value of $2,600,383,500 (collateralized by U.S. Treasury obligations valued at $2,661,302,768; 0.38% - 4.88%; 05/31/2024 - 02/15/2051)		5.31	%		03/01/2024		196,952,920		196,923,874

TD Securities (USA) LLC, joint term agreement dated 02/23/2024, aggregate maturing value of $450,472,500 (collateralized by commercial paper and corporate obligations valued at $472,502,912; 1.65% - 6.75%; 04/26/2024 - 03/17/2062)^(d)(h)		5.40	%		03/01/2024		75,078,750		75,000,000

Total Repurchase Agreements (Cost $1,119,923,874)									1,119,923,874

TOTAL INVESTMENTS IN SECURITIES^(k)(l)-99.25% (Cost $6,472,267,587)									6,472,267,587

OTHER ASSETS LESS LIABILITIES-0.75%									48,864,919

NET ASSETS-100.00%								$	6,521,132,506


Investment Abbreviations:

CEP		-Credit Enhancement Provider
LOC		-Letter of Credit
OBFR		-Overnight Bank Funding Rate
RB		-Revenue Bonds
SOFR		-Secured Overnight Financing Rate
VRD		-Variable Rate Demand

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


6		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Schedule of Investments–(continued)

February 29, 2024

(Unaudited)

Invesco Premier Portfolio–(continued)

Notes to Schedule of Investments:

^(a)	Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.

^(b)	Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on February 29, 2024.

^(c)

^(d)

^(e)	Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on February 29, 2024.

^(f)	Principal and interest payments are fully enhanced by a letter of credit from the bank listed or a predecessor bank, branch or subsidiary.

^(g)	Principal amount equals value at period end. See Note 1I.

^(h)	The Fund may demand payment of the term repurchase agreement upon one to seven business days’ notice depending on the timing of the demand.

⁽ⁱ⁾	Interest rate is redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(j)	Either party may terminate the agreement upon demand. Interest rate, principal amount and collateral are redetermined periodically. The Maturity Date represents the next reset date, and the Repurchase Amount is calculated based on the next reset date.

^(k)	Also represents cost for federal income tax purposes.

^(l)	Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. No concentration of any single entity was greater than 5% each.

Portfolio Composition by Maturity*

In days, as of 02/29/2024


1-7	51.3	%
8-30	4.2
31-60	1.7
61-90	9.1
91-180	14.2
181+	19.5

*	The number of days to maturity of each holding is determined in accordance with the provisions of Rule 2a-7 under the Investment Company Act of 1940.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


7		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Assets and Liabilities

February 29, 2024

(Unaudited)


	Invesco Premier
	Portfolio

Assets:
Investments in unaffiliated securities, at value	$	5,352,343,713

Repurchase agreements, at value and cost		1,119,923,874

Receivable for:
Fund shares sold		39,640,419

Interest		16,931,988

Investment for trustee deferred compensation and retirement plans		689,415

Other assets		131

Total assets		6,529,529,540


Liabilities:
Payable for:
Fund shares reacquired		4,380,284

Amount due custodian		4,419

Dividends		2,406,060

Accrued fees to affiliates		915,928

Accrued operating expenses		928

Trustee deferred compensation and retirement plans		689,415

Total liabilities		8,397,034

Net assets applicable to shares outstanding	$	6,521,132,506


Net assets consist of:
Shares of beneficial interest	$	6,521,007,342

Distributable earnings (loss)		125,164

	$	6,521,132,506


Net Assets:
Investor Class	$	137,536,091

Institutional Class	$	6,371,570,327

Private Investment Class	$	25,885

Personal Investment Class	$	11,314,290

Reserve Class	$	10,927

Resource Class	$	674,986


Shares outstanding, no par value, unlimited number of shares authorized:
Investor Class		137,518,736

Institutional Class		6,371,135,753

Private Investment Class		25,882

Personal Investment Class		11,313,673

Reserve Class		10,926

Resource Class		674,907

Net asset value, offering and redemption price per share for each class	$	1.00

Cost of Investments	$	6,472,267,587

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


8		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Operations

For the six months ended February 29, 2024

(Unaudited)


	Invesco Premier
	Portfolio

Investment income:
Interest	$	161,816,767


Expenses:
Advisory fees		7,224,222

Distribution fees:
Private Investment Class		38

Personal Investment Class		23,721

Reserve Class		47

Resource Class		529

Professional services fees		3,390

Total expenses		7,251,947

Less: Fees waived		(2,022,782)

Net expenses		5,229,165

Net investment income		156,587,602

Net realized gain from unaffiliated investment securities		20,583

Net increase in net assets resulting from operations	$	156,608,185

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


9		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Statement of Changes in Net Assets

For the six months ended February 29, 2024 and the year ended August 31, 2023

(Unaudited)


	Invesco Premier Portfolio
	February 29,			August 31,
	2024			2023

Operations:
Net investment income	$	156,587,602		$	155,276,607

Net realized gain (loss)		20,583			(985	)

Net increase in net assets resulting from operations		156,608,185			155,275,622


Distributions to shareholders from distributable earnings:
Investor Class		(4,194,120	)		(4,607,779	)

Institutional Class		(152,164,761	)		(150,314,419	)

Private Investment Class		(650	)		(1,014	)

Personal Investment Class		(210,413	)		(297,098	)

Reserve Class		(244	)		(371	)

Resource Class		(17,414	)		(55,926	)

Total distributions from distributable earnings		(156,587,602	)		(155,276,607	)


Share transactions-net:
Investor Class		(20,937,707	)		115,463,526

Institutional Class		1,596,827,057			3,032,288,022

Private Investment Class		759			945

Personal Investment Class		4,209,153			(553,384	)

Reserve Class		286			343

Resource Class		20,322			(2,191,285	)

Net increase in net assets resulting from share transactions		1,580,119,870			3,145,008,167

Net increase in net assets		1,580,140,453			3,145,007,182


Net assets:
Beginning of period		4,940,992,053			1,795,984,871

End of period	$	6,521,132,506		$	4,940,992,053

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


10		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Financial Highlights

(Unaudited)

The following schedule presents financial highlights for a share of the Fund outstanding throughout the periods indicated.

Reserve Class


	Net asset value, beginning of period		Net investment income^(a)		Net gains on securities (realized)			Total from investment operations		Dividends from net investment income		Net asset value, end of period		Total return^(b)			Net assets, end of period (000’s omitted)		Ratio of expenses to average net assets with fee waivers and/or expense reimbursements			Ratio of expenses to average net assets without fee waivers and/or expense reimbursements			Ratio of net investment income to average net assets
Invesco Premier Portfolio
Six months ended 02/29/24		$1.00		$0.02		$(0.00	)		$0.02		$(0.02)		$1.00		2.29	%		$11		1.05	%^(c)		1.12	%^(c)		4.55	%^(c)
Year ended 08/31/23		1.00		0.04		(0.00	)		0.04		(0.04)		1.00		3.61			11		1.05			1.12			3.75
Year ended 08/31/22		1.00		0.00		0.00			0.00		(0.00)		1.00		0.21			10		0.47			1.12			0.32
Year ended 08/31/21		1.00		0.00		0.00			0.00		(0.00)		1.00		0.01			10		0.20			1.12			0.05
Year ended 08/31/20		1.00		0.01		0.00			0.01		(0.01)		1.00		0.54			10		0.84			1.12			0.56
Year ended 08/31/19		1.00		0.02		0.00			0.02		(0.02)		1.00		1.56			10		1.05			1.12			1.50

^(a)	Calculated using average shares outstanding.

^(b)	Includes adjustments in accordance with accounting principles generally accepted in the United States of America and is not annualized for periods less than one year.

^(c)	Annualized.

See accompanying Notes to Financial Statements which are an integral part of the financial statements.


11		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Notes to Financial Statements

February 29, 2024

(Unaudited)

NOTE 1–Significant Accounting Policies

The Fund’s investment objective is to provide current income consistent with preservation of capital and liquidity.

The Fund may impose a fee upon the sale of shares.

The following is a summary of the significant accounting policies followed by the Fund in the preparation of their financial statements.

Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund’s net asset value and, accordingly, they reduce the Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and the Statement of Changes in Net Assets, or the net investment income per share and the ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the investment adviser.

The Fund allocates realized capital gains and losses to a class based on the relative net assets of the class. The Fund allocates income to a class based on the relative settled shares of the class.

D.	Distributions – It is the policy of the Fund to declare dividends from net investment income, if any, daily and pay them monthly. The Fund generally distributes net realized capital gain (including net short-term capital gain), if any, annually.


12		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

F.	Expenses – Fees provided for under the Rule 12b-1 plan of a particular class of the Fund and which are directly attributable to that class are charged to the operations of such class. All other expenses are allocated among the classes based on relative settled shares.

Accounting Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period including estimates and assumptions related to taxation. Actual results could differ from those estimates by a significant amount. In addition, the Fund monitors for material events or transactions that may occur or become known after the period-end date and before the date the financial statements are released to print.

Indemnifications – Under the Trust’s organizational documents, each Trustee, officer, employee or other agent of the Trust is indemnified against certain liabilities that may arise out of the performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts, including the Fund’s servicing agreements, that contain a variety of indemnification clauses. The Fund’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against such Fund that have not yet occurred. The risk of material loss as a result of such indemnification claims is considered remote.

NOTE 2–Advisory Fees and Other Fees Paid to Affiliates

The Adviser has contractually agreed, through at least December 31, 2024, to waive advisory fees equal to 0.07% of the average daily net assets of the Fund.

For the six months ended February 29, 2024, the Adviser waived advisory fees and/or reimbursed Fund expenses in the following amounts:


Invesco Premier Portfolio		$2,022,782


13		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Trust has entered into master distribution agreements with IDI to serve as the distributor for the Investor Class, Institutional Class, Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares. The Trust has adopted plans pursuant to Rule 12b-1 under the 1940 Act with respect to the Fund’s Personal Investment Class, Private Investment Class, Reserve Class and Resource Class shares (collectively, the “Plans”). The Fund, pursuant to the Plans, pays IDI compensation at the annual rate of 0.55% of the Fund’s average daily net assets of Personal Investment Class shares, 0.30% of the average daily net assets of Private Investment Class shares, 0.87% of the average daily net assets of Reserve Class shares and 0.16% of the average daily net assets of Resource Class shares. The fees are accrued daily and paid monthly. Of the Plan payments, up to 0.25% of the average daily net assets of each class of shares may be paid to furnish continuing personal shareholder services to customers who purchase and own shares of such class. Any amounts not paid as a service fee under the Plans would constitute an asset-based sales charge. Rules of the Financial Industry Regulatory Authority (“FINRA”) impose a cap on the total sales charges, including asset-based sales charges, that may be paid by any class of shares of the Fund. For the six months ended February 29, 2024, expenses incurred under the plans are shown in the Statement of Operations as Distribution fees.

Certain officers and trustees of the Trust are officers and directors of the Adviser, IIS and/or IDI.

NOTE 3–Additional Valuation Information


Level 1 –		Prices are determined using quoted prices in an active market for identical assets.
Level 2 –		Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 –		Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Adviser’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

NOTE 4–Trustees’ and Officers’ Fees and Benefits

Certain current Trustees were eligible to participate in a retirement plan that provided for benefits to be paid upon retirement to Trustees over a period of time based on the number of years of service. The Fund may have certain former Trustees that also participate in a retirement plan and receive benefits under such plan. The Fund’s allocable portion of the remuneration paid to the Trustees, including its allocable portion of the fees and benefits of the deferred compensation plan and retirement plan are paid by Invesco and not by the Trust.

NOTE 5–Cash Balances

NOTE 6–Tax Information

Capital loss carryforward is calculated and reported as of a specific date. Results of transactions and other activity after that date may affect the amount of capital loss carryforward actually available for the Fund to utilize. The ability to utilize capital loss carryforward in the future may be limited under the Internal Revenue Code and related regulations based on the results of future transactions.


14		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

The Fund had a capital loss carryforward as of August 31, 2023.


Fund	Short-Term Not Subject to Expiration	Total*
Invesco Premier Portfolio	$986	$986

*	Capital loss carryforwards are reduced for limitations, if any, to the extent required by the Internal Revenue Code and may be further limited depending upon a variety of factors, including the realization of net unrealized gains or losses as of the date of any reorganization.

NOTE 7–Share Information

Invesco Premier Portfolio


	Summary of Share Activity

	Six months ended February 29, 2024^(a)						Year ended August 31, 2023
	Shares			Amount			Shares			Amount

Sold:
Investor Class		161,590,945		$	161,590,945			256,914,518		$	256,914,518

Institutional Class		4,882,628,937			4,882,628,937			6,728,848,110			6,728,848,110

Private Investment Class		109			109			-			-

Personal Investment Class		11,142,703			11,142,703			24,193,923			24,193,923

Reserve Class		42			42			-			-

Resource Class		2,908			2,908			-			-


Issued as reinvestment of dividends:
Investor Class		3,256,583			3,256,583			3,726,275			3,726,275

Institutional Class		152,164,761			152,164,761			124,770,193			124,770,193

Private Investment Class		650			650			945			945

Personal Investment Class		210,413			210,413			280,128			280,128

Reserve Class		244			244			343			343

Resource Class		17,414			17,414			55,926			55,926


Reacquired:
Investor Class		(185,785,235	)		(185,785,235	)		(145,177,267	)		(145,177,267	)

Institutional Class		(3,437,966,641	)		(3,437,966,641	)		(3,821,330,281	)		(3,821,330,281	)

Personal Investment Class		(7,143,963	)		(7,143,963	)		(25,027,435	)		(25,027,435	)

Resource Class		-			-			(2,247,211	)		(2,247,211	)

Net increase in share activity		1,580,119,870		$	1,580,119,870			3,145,008,167		$	3,145,008,167

^(a)


15		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Calculating your ongoing Fund expenses

Example

As a shareholder in the Reserve Class, you incur ongoing costs, including management fees, distribution and/or service (12b-1) fees and other Fund expenses. This example is intended to help you understand your ongoing costs (in dollars) of investing in the Fund and to compare these costs with ongoing costs of investing in other mutual funds. The example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period September 1, 2023 through February 29, 2024.

Actual expenses

Hypothetical example for comparison purposes

The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

ACTUAL

HYPOTHETICAL

(5% annual return before expenses)

Beginning

Ending

Expenses

Ending

Expenses

Annualized

Account Value

Paid During

Account Value

Paid During

Expense

Reserve Class

(09/01/23)

(02/29/24)¹

Period²

(02/29/24)

Period²

Ratio

Invesco Premier

$1,000.00

$1,022.90

$5.28

$1,019.64

$5.27

1.05%

Portfolio

²	Expenses are equal to the Fund’s annualized expense ratio as indicated above multiplied by the average account value over the period, multiplied by 182/366 to reflect the most recent fiscal half year.


16		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

Proxy Results

(1)	Elect 14 trustees to the Board of Trustees of the Trust, each of whom will serve until his or her successor is duly elected and qualified.

The results of the voting on the above matter were as follows:


	Matter	Votes For		Votes Against/Withheld
(1)*	Beth Ann Brown		16,075,951,959.62		36,872,353.55
	Carol Deckbar		16,065,793,461.22		47,030,851.95
	Cynthia Hostetler		16,078,784,732.62		34,039,580.55
	Dr. Eli Jones		16,074,657,057.61		38,167,255.56
	Elizabeth Krentzman		16,068,972,914.62		43,851,398.55
	Jeffrey H. Kupor		16,060,460,799.61		52,363,513.56
	Anthony J. LaCava, Jr.		16,066,988,626.61		45,835,686.56
	James Liddy		16,068,613,660.61		44,210,652.56
	Dr. Prema Mathai-Davis		16,065,469,804.96		47,354,508.21
	Joel W. Motley		16,059,943,470.21		52,880,842.96
	Teresa M. Ressel		16,075,675,425.62		37,148,887.55
	Douglas Sharp		16,067,361,330.61		45,462,982.56
	Robert C. Troccoli		16,060,594,616.61		52,229,696.56
	Daniel S. Vandivort		16,063,429,375.61		49,394,937.56

*	Proposal 1 required approval by a combined vote of all the portfolios of AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust).


17		AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)

(This page intentionally left blank)

Invesco mailing information

Send general correspondence to Invesco Investment Services, Inc., P.O. Box 219078, Kansas City, MO 64121-9078.

Important notice regarding delivery of security holder documents

Fund holdings and proxy voting information

The Fund provides a complete list of its portfolio holdings in various monthly and quarterly regulatory filings. The Fund files a complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) monthly on Form N-MFP. For the second and fourth quarters, the list appears, respectively, in the Fund’s semiannual and annual reports to shareholders. The most recent list of portfolio holdings is available at invesco.com/us. Qualified persons, including beneficial owners of the Fund’s shares and prospective investors, may obtain access to the website by calling the distributor at 800 659 1005 and selecting option 2. Shareholders can also look up the Fund’s Form N-MFP filings on the SEC website, sec.gov. The SEC file numbers for the Fund are shown below.

A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available without charge, upon request, from our Cash Management Alliance Services department at 800 659 1005, option 1, or at invesco.com/corporate/about-us/esg. The information is also available on the SEC website, sec.gov.

LOGO


SEC file numbers: 811-05460 and 033-19862		Invesco Distributors, Inc.		CM-I-TST-SAR-7

(b) Not applicable.

ITEM 2.

CODE OF ETHICS.

Not applicable for a semi-annual report.

ITEM 3.

AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable.

ITEM 4.

PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable.

ITEM 5.

AUDIT COMMITTEE OF LISTED REGISTRANTS.

Not applicable.

ITEM 6.

SCHEDULE OF INVESTMENTS.

Investments in securities of unaffiliated issuers is included as part of the reports to stockholders filed under Item 1 of this Form.

ITEM 7.

DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 8.

PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 9.

PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

ITEM 10.

SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 11.

CONTROLS AND PROCEDURES.

(a)

As of April 16, 2024, an evaluation was performed under the supervision and with the participation of the officers of the Registrant, including the PEO and PFO, to assess the effectiveness of the Registrant’s disclosure controls and procedures, as that term is defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “Act”), as amended. Based on that evaluation, the Registrant’s officers, including the PEO and PFO, concluded that, as of April 16, 2024, the Registrant’s disclosure controls and procedures were reasonably designed to ensure: (1) that information required to be disclosed by the Registrant on Form N-CSR is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission; and (2) that material information relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure.

(b)

There have been no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

ITEM 12.

DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 13.

RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

Not applicable.

ITEM 14.

EXHIBITS.


14(a) (1)		Not applicable.

14(a) (2)		Certifications of principal executive officer and principal financial officer as required by Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002.

14(a) (3)		Not applicable.

14(a) (4)		Not applicable.

14(b)		Certifications of principal executive officer and principal financial officer as required by Rule 30a-2(b) under the Investment Company Act of 1940 and Section 906 of the Sarbanes-Oxley Act of 2002.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: AIM Treasurer’s Series Trust (Invesco Treasurer’s Series Trust)


By:		/s/ Glenn Brightman
		Glenn Brightman
		Principal Executive Officer

Date:		May 2, 2024

Pursuant to the requirements of the Securities and Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.


By:		/s/ Glenn Brightman
		Glenn Brightman
		Principal Executive Officer

Date:		May 2, 2024


By:		/s/ Adrien Deberghes
		Adrien Deberghes
		Principal Financial Officer

Date:		May 2, 2024

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

EX-99.CERT

EX-99.906CERT