|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.98%
|
|||
|
Communication Services-9.99%
|
|||
|
Meta Platforms, Inc., Class A
|
|
58,905
|
$45,559,483
|
|
Netflix, Inc.(b)
|
|
31,246
|
36,226,613
|
|
Roblox Corp., Class A(b)(c)
|
|
189,795
|
26,151,853
|
|
Spotify Technology S.A. (Sweden)(b)
|
|
24,817
|
15,548,843
|
|
|
|
|
123,486,792
|
|
Consumer Discretionary-13.05%
|
|||
|
Amazon.com, Inc.(b)
|
|
183,637
|
42,991,258
|
|
AutoZone, Inc.(b)
|
|
4,383
|
16,516,809
|
|
Booking Holdings, Inc.
|
|
2,976
|
16,380,083
|
|
DoorDash, Inc., Class A(b)
|
|
79,130
|
19,802,282
|
|
Hilton Worldwide Holdings, Inc.
|
|
64,072
|
17,176,422
|
|
MercadoLibre, Inc. (Brazil)(b)
|
|
6,343
|
15,057,584
|
|
O’Reilly Automotive, Inc.(b)
|
|
178,549
|
17,554,938
|
|
TJX Cos., Inc. (The)
|
|
126,709
|
15,779,072
|
|
|
|
|
161,258,448
|
|
Consumer Staples-6.84%
|
|||
|
Costco Wholesale Corp.
|
|
37,224
|
34,977,159
|
|
Monster Beverage Corp.(b)
|
|
252,393
|
14,828,089
|
|
Philip Morris International, Inc.
|
|
211,361
|
34,673,772
|
|
|
|
|
84,479,020
|
|
Financials-16.60%
|
|||
|
American Express Co.
|
|
128,959
|
38,598,718
|
|
Charles Schwab Corp. (The)
|
|
182,936
|
17,878,335
|
|
Intercontinental Exchange, Inc.
|
|
90,809
|
16,784,228
|
|
Mastercard, Inc., Class A
|
|
65,927
|
37,345,668
|
|
Nasdaq, Inc.
|
|
195,207
|
18,782,818
|
|
Progressive Corp. (The)
|
|
58,166
|
14,078,499
|
|
Robinhood Markets, Inc., Class A(b)
|
|
245,747
|
25,324,228
|
|
Visa, Inc., Class A
|
|
105,428
|
36,422,211
|
|
|
|
|
205,214,705
|
|
Health Care-6.81%
|
|||
|
Boston Scientific Corp.(b)
|
|
152,714
|
16,022,753
|
|
Intuitive Surgical, Inc.(b)
|
|
68,852
|
33,124,009
|
|
McKesson Corp.
|
|
22,513
|
15,613,666
|
|
Veeva Systems, Inc., Class A(b)(c)
|
|
68,117
|
19,358,851
|
|
|
|
|
84,119,279
|
|
Industrials-14.43%
|
|||
|
Automatic Data Processing, Inc.
|
|
49,781
|
15,407,220
|
|
Cintas Corp.
|
|
71,778
|
15,974,194
|
|
GE Vernova, Inc.
|
|
34,384
|
22,703,411
|
|
General Electric Co.
|
|
156,656
|
42,466,308
|
|
Howmet Aerospace, Inc.
|
|
95,732
|
17,209,742
|
|
Quanta Services, Inc.
|
|
47,493
|
19,288,332
|
|
Republic Services, Inc.
|
|
63,601
|
14,669,571
|
|
Trane Technologies PLC
|
|
37,168
|
16,282,557
|
|
Verisk Analytics, Inc.
|
|
51,276
|
14,291,134
|
|
|
|
|
178,292,469
|
|
|
Shares
|
Value
|
|
|
Information Technology-30.59%
|
|||
|
Amphenol Corp., Class A
|
|
183,643
|
$19,559,816
|
|
Apple, Inc.
|
|
189,218
|
39,275,980
|
|
AppLovin Corp., Class A(b)
|
|
42,566
|
16,630,536
|
|
Arista Networks, Inc.(b)
|
|
175,308
|
21,601,452
|
|
Autodesk, Inc.(b)
|
|
53,981
|
16,362,181
|
|
Broadcom, Inc.
|
|
160,615
|
47,172,625
|
|
Fair Isaac Corp.(b)
|
|
10,775
|
15,480,658
|
|
Fortinet, Inc.(b)
|
|
154,799
|
15,464,420
|
|
KLA Corp.
|
|
20,552
|
18,065,825
|
|
Microsoft Corp.
|
|
82,231
|
43,870,239
|
|
NVIDIA Corp.
|
|
279,575
|
49,728,005
|
|
Oracle Corp.
|
|
233,968
|
59,374,059
|
|
Workday, Inc., Class A(b)(c)
|
|
67,750
|
15,540,495
|
|
|
|
|
378,126,291
|
|
Utilities-1.67%
|
|||
|
Vistra Corp.
|
|
98,943
|
20,633,573
|
|
Total Common Stocks & Other Equity Interests
(Cost $924,512,906)
|
1,235,610,577
|
||
|
Money Market Funds-0.08%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $943,994)
|
|
943,994
|
943,994
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.06%
(Cost $925,456,900)
|
1,236,554,571
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.36%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
1,259,768
|
1,259,768
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
3,260,784
|
3,261,436
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $4,521,204)
|
4,521,204
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.42%
(Cost $929,978,104)
|
1,241,075,775
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.42)%
|
(5,185,812
)
|
||
|
NET ASSETS-100.00%
|
$1,235,889,963
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$582,888
|
$1,419,439
|
$(1,058,333
)
|
$-
|
$-
|
$943,994
|
$8,039
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
9,023,694
|
41,462,198
|
(49,226,124
)
|
-
|
-
|
1,259,768
|
14,565
*
|
|
Invesco Private Prime Fund
|
23,483,510
|
106,550,155
|
(126,772,218
)
|
120
|
(131
)
|
3,261,436
|
40,061
*
|
|
Total
|
$33,090,092
|
$149,431,792
|
$(177,056,675
)
|
$120
|
$(131
)
|
$5,465,198
|
$62,665
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.84%
|
|||
|
Communication Services-8.60%
|
|||
|
AT&T, Inc.
|
|
1,324,852
|
$36,314,193
|
|
Charter Communications, Inc., Class A(b)
|
|
37,838
|
10,192,044
|
|
Comcast Corp., Class A
|
|
444,969
|
14,786,320
|
|
T-Mobile US, Inc.
|
|
149,115
|
35,550,507
|
|
|
|
|
96,843,064
|
|
Consumer Discretionary-2.87%
|
|||
|
General Motors Co.
|
|
316,809
|
16,898,592
|
|
Lowe’s Cos., Inc.
|
|
68,879
|
15,399,278
|
|
|
|
|
32,297,870
|
|
Consumer Staples-7.09%
|
|||
|
Altria Group, Inc.
|
|
260,844
|
16,156,677
|
|
Kroger Co. (The)
|
|
229,287
|
16,073,019
|
|
Mondelez International, Inc., Class A
|
|
232,478
|
15,039,002
|
|
Procter & Gamble Co. (The)
|
|
216,315
|
32,548,918
|
|
|
|
|
79,817,616
|
|
Energy-14.01%
|
|||
|
Cheniere Energy, Inc.
|
|
67,138
|
15,836,511
|
|
Chevron Corp.
|
|
263,257
|
39,920,291
|
|
Energy Transfer L.P.
|
|
866,415
|
15,630,127
|
|
Exxon Mobil Corp.
|
|
350,529
|
39,133,058
|
|
Kinder Morgan, Inc.
|
|
551,691
|
15,480,449
|
|
Marathon Petroleum Corp.
|
|
95,820
|
16,307,606
|
|
Williams Cos., Inc. (The)
|
|
258,768
|
15,513,142
|
|
|
|
|
157,821,184
|
|
Financials-31.63%
|
|||
|
Aflac, Inc.
|
|
150,407
|
14,944,439
|
|
Allstate Corp. (The)
|
|
75,029
|
15,249,644
|
|
American International Group, Inc.
|
|
187,000
|
14,516,810
|
|
Ameriprise Financial, Inc.
|
|
30,037
|
15,564,873
|
|
Bank of America Corp.
|
|
820,602
|
38,789,857
|
|
Bank of New York Mellon Corp. (The)
|
|
172,371
|
17,487,038
|
|
Goldman Sachs Group, Inc. (The)
|
|
58,927
|
42,638,988
|
|
JPMorgan Chase & Co.
|
|
136,786
|
40,521,485
|
|
MetLife, Inc.
|
|
196,788
|
14,946,049
|
|
Morgan Stanley
|
|
280,837
|
40,008,039
|
|
PayPal Holdings, Inc.(b)
|
|
217,552
|
14,958,875
|
|
Prudential Financial, Inc.
|
|
148,776
|
15,410,218
|
|
Travelers Cos., Inc. (The)
|
|
56,373
|
14,670,510
|
|
Truist Financial Corp.
|
|
388,501
|
16,981,379
|
|
Wells Fargo & Co.
|
|
490,437
|
39,543,935
|
|
|
|
|
356,232,139
|
|
Health Care-10.60%
|
|||
|
AbbVie, Inc.
|
|
195,381
|
36,930,917
|
|
Cigna Group (The)
|
|
49,322
|
13,187,716
|
|
CVS Health Corp.
|
|
253,529
|
15,744,151
|
|
HCA Healthcare, Inc.
|
|
41,074
|
14,539,785
|
|
Johnson & Johnson
|
|
236,792
|
39,009,114
|
|
|
|
|
119,411,683
|
|
|
Shares
|
Value
|
|
|
Industrials-4.36%
|
|||
|
3M Co.
|
|
104,026
|
$15,522,760
|
|
Cummins, Inc.
|
|
47,659
|
17,520,401
|
|
Deere & Co.
|
|
30,526
|
16,006,919
|
|
|
|
|
49,050,080
|
|
Information Technology-11.48%
|
|||
|
Cisco Systems, Inc.
|
|
569,203
|
38,751,340
|
|
International Business Machines Corp.
|
|
137,866
|
34,900,778
|
|
QUALCOMM, Inc.
|
|
244,151
|
35,831,601
|
|
TE Connectivity PLC (Switzerland)
|
|
96,377
|
19,829,568
|
|
|
|
|
129,313,287
|
|
Materials-1.63%
|
|||
|
Newmont Corp.(c)
|
|
295,050
|
18,322,605
|
|
Real Estate-1.74%
|
|||
|
CBRE Group, Inc., Class A(b)
|
|
125,511
|
19,547,083
|
|
Utilities-5.83%
|
|||
|
American Electric Power Co., Inc.
|
|
151,118
|
17,097,490
|
|
Duke Energy Corp.
|
|
133,619
|
16,253,415
|
|
Exelon Corp.
|
|
354,165
|
15,916,175
|
|
Xcel Energy, Inc.
|
|
222,781
|
16,361,037
|
|
|
|
|
65,628,117
|
|
Total Common Stocks & Other Equity Interests
(Cost $990,047,406)
|
1,124,284,728
|
||
|
Money Market Funds-0.09%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $1,047,158)
|
|
1,047,158
|
1,047,158
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.93%
(Cost $991,094,564)
|
1,125,331,886
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.14%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
434,222
|
434,222
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
1,125,335
|
1,125,560
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $1,559,782)
|
1,559,782
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.07%
(Cost $992,654,346)
|
1,126,891,668
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.07)%
|
(738,669
)
|
||
|
NET ASSETS-100.00%
|
$1,126,152,999
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$785,842
|
$11,884,187
|
$(11,622,871
)
|
$-
|
$-
|
$1,047,158
|
$9,168
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
12,347,453
|
100,236,882
|
(112,150,113
)
|
-
|
-
|
434,222
|
59,508
*
|
|
Invesco Private Prime Fund
|
32,179,394
|
157,740,371
|
(188,793,369
)
|
-
|
(836
)
|
1,125,560
|
144,340
*
|
|
Total
|
$45,312,689
|
$269,861,440
|
$(312,566,353
)
|
$-
|
$(836
)
|
$2,606,940
|
$213,016
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-8.59%
|
|||
|
Alphabet, Inc., Class A
|
|
47,974
|
$9,206,211
|
|
Alphabet, Inc., Class C
|
|
38,734
|
7,470,239
|
|
AT&T, Inc.
|
|
545,602
|
14,954,951
|
|
Charter Communications, Inc., Class A(b)
|
|
38,680
|
10,418,845
|
|
Comcast Corp., Class A
|
|
439,492
|
14,604,319
|
|
Meta Platforms, Inc., Class A
|
|
22,311
|
17,256,220
|
|
Netflix, Inc.(b)
|
|
12,707
|
14,732,496
|
|
T-Mobile US, Inc.
|
|
66,901
|
15,949,867
|
|
Verizon Communications, Inc.
|
|
353,492
|
15,115,318
|
|
Walt Disney Co. (The)
|
|
129,372
|
15,409,499
|
|
|
|
|
135,117,965
|
|
Consumer Discretionary-9.10%
|
|||
|
Amazon.com, Inc.(b)
|
|
72,524
|
16,978,594
|
|
Booking Holdings, Inc.
|
|
2,837
|
15,615,018
|
|
General Motors Co.
|
|
310,024
|
16,536,680
|
|
Home Depot, Inc. (The)
|
|
42,904
|
15,767,649
|
|
Lowe’s Cos., Inc.
|
|
69,723
|
15,587,971
|
|
McDonald’s Corp.
|
|
51,209
|
15,366,285
|
|
NIKE, Inc., Class B
|
|
244,983
|
18,297,780
|
|
Starbucks Corp.
|
|
162,101
|
14,452,925
|
|
Tesla, Inc.(b)
|
|
47,370
|
14,602,750
|
|
|
|
|
143,205,652
|
|
Consumer Staples-9.56%
|
|||
|
Altria Group, Inc.
|
|
258,115
|
15,987,643
|
|
Coca-Cola Co. (The)
|
|
214,562
|
14,566,614
|
|
Colgate-Palmolive Co.
|
|
167,874
|
14,076,235
|
|
Costco Wholesale Corp.
|
|
15,511
|
14,574,756
|
|
Mondelez International, Inc., Class A(c)
|
|
230,959
|
14,940,738
|
|
PepsiCo, Inc.
|
|
119,031
|
16,416,756
|
|
Philip Morris International, Inc.
|
|
84,268
|
13,824,165
|
|
Procter & Gamble Co. (The)
|
|
95,341
|
14,345,960
|
|
Target Corp.
|
|
157,607
|
15,839,504
|
|
Walmart, Inc.
|
|
161,360
|
15,810,053
|
|
|
|
|
150,382,424
|
|
Energy-3.04%
|
|||
|
Chevron Corp.
|
|
106,751
|
16,187,722
|
|
ConocoPhillips
|
|
165,594
|
15,787,732
|
|
Exxon Mobil Corp.
|
|
141,446
|
15,791,031
|
|
|
|
|
47,766,485
|
|
Financials-18.44%
|
|||
|
American Express Co.
|
|
51,689
|
15,471,034
|
|
American International Group, Inc.
|
|
183,200
|
14,221,816
|
|
Bank of America Corp.
|
|
345,673
|
16,339,963
|
|
Bank of New York Mellon Corp. (The)
|
|
172,633
|
17,513,618
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
31,670
|
14,944,440
|
|
BlackRock, Inc.
|
|
15,561
|
17,210,622
|
|
Capital One Financial Corp.
|
|
77,124
|
16,581,660
|
|
Charles Schwab Corp. (The)
|
|
174,914
|
17,094,345
|
|
Citigroup, Inc.
|
|
197,205
|
18,478,108
|
|
Goldman Sachs Group, Inc. (The)
|
|
24,744
|
17,904,511
|
|
JPMorgan Chase & Co.
|
|
57,654
|
17,079,421
|
|
Mastercard, Inc., Class A
|
|
26,153
|
14,814,890
|
|
MetLife, Inc.
|
|
195,953
|
14,882,630
|
|
Morgan Stanley
|
|
117,321
|
16,713,550
|
|
PayPal Holdings, Inc.(b)
|
|
207,199
|
14,247,003
|
|
U.S. Bancorp
|
|
349,776
|
15,725,929
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Visa, Inc., Class A
|
|
41,380
|
$14,295,549
|
|
Wells Fargo & Co.
|
|
206,353
|
16,638,242
|
|
|
|
|
290,157,331
|
|
Health Care-14.25%
|
|||
|
Abbott Laboratories
|
|
114,186
|
14,409,131
|
|
AbbVie, Inc.
|
|
80,716
|
15,256,938
|
|
Amgen, Inc.
|
|
52,993
|
15,638,234
|
|
Bristol-Myers Squibb Co.
|
|
307,884
|
13,334,456
|
|
CVS Health Corp.
|
|
235,282
|
14,611,012
|
|
Danaher Corp.
|
|
75,468
|
14,879,271
|
|
Eli Lilly and Co.
|
|
19,091
|
14,128,676
|
|
Gilead Sciences, Inc.
|
|
141,458
|
15,884,319
|
|
Intuitive Surgical, Inc.(b)
|
|
29,596
|
14,238,340
|
|
Johnson & Johnson
|
|
99,551
|
16,400,032
|
|
Medtronic PLC
|
|
175,552
|
15,841,813
|
|
Merck & Co., Inc.
|
|
192,485
|
15,036,928
|
|
Pfizer, Inc.
|
|
631,578
|
14,709,452
|
|
Thermo Fisher Scientific, Inc.
|
|
37,248
|
17,420,145
|
|
UnitedHealth Group, Inc.
|
|
49,754
|
12,416,608
|
|
|
|
|
224,205,355
|
|
Industrials-13.26%
|
|||
|
3M Co.
|
|
105,028
|
15,672,278
|
|
Boeing Co. (The)(b)
|
|
72,217
|
16,020,619
|
|
Caterpillar, Inc.
|
|
42,556
|
18,640,379
|
|
Deere & Co.
|
|
29,711
|
15,579,557
|
|
Emerson Electric Co.
|
|
122,208
|
17,782,486
|
|
FedEx Corp.
|
|
69,013
|
15,423,715
|
|
General Dynamics Corp.
|
|
56,044
|
17,463,871
|
|
General Electric Co.
|
|
62,939
|
17,061,504
|
|
Honeywell International, Inc.
|
|
68,411
|
15,211,186
|
|
Lockheed Martin Corp.
|
|
33,859
|
14,253,962
|
|
RTX Corp.
|
|
109,038
|
17,181,118
|
|
Union Pacific Corp.
|
|
68,440
|
15,191,627
|
|
United Parcel Service, Inc., Class B
|
|
152,799
|
13,165,162
|
|
|
|
|
208,647,464
|
|
Information Technology-17.70%
|
|||
|
Accenture PLC, Class A (Ireland)
|
|
48,399
|
12,927,373
|
|
Adobe, Inc.(b)
|
|
37,449
|
13,395,133
|
|
Advanced Micro Devices, Inc.(b)(c)
|
|
127,620
|
22,500,682
|
|
Apple, Inc.
|
|
77,760
|
16,140,643
|
|
Broadcom, Inc.
|
|
61,101
|
17,945,364
|
|
Cisco Systems, Inc.
|
|
240,877
|
16,398,906
|
|
Intel Corp.
|
|
747,528
|
14,801,054
|
|
International Business Machines Corp.
|
|
54,859
|
13,887,556
|
|
Intuit, Inc.
|
|
20,190
|
15,851,775
|
|
Microsoft Corp.
|
|
32,718
|
17,455,053
|
|
NVIDIA Corp.
|
|
108,223
|
19,249,625
|
|
Oracle Corp.
|
|
87,651
|
22,243,194
|
|
Palantir Technologies, Inc., Class A(b)
|
|
113,367
|
17,951,664
|
|
QUALCOMM, Inc.
|
|
96,956
|
14,229,263
|
|
Salesforce, Inc.
|
|
58,154
|
15,022,923
|
|
ServiceNow, Inc.(b)
|
|
15,402
|
14,525,934
|
|
Texas Instruments, Inc.
|
|
77,426
|
14,018,752
|
|
|
|
|
278,544,894
|
|
Materials-0.96%
|
|||
|
Linde PLC
|
|
33,001
|
15,189,040
|
|
|
Shares
|
Value
|
|
|
Real Estate-1.96%
|
|||
|
American Tower Corp.
|
|
72,105
|
$15,025,961
|
|
Simon Property Group, Inc.
|
|
96,774
|
15,850,613
|
|
|
|
|
30,876,574
|
|
Utilities-3.02%
|
|||
|
Duke Energy Corp.
|
|
132,889
|
16,164,618
|
|
NextEra Energy, Inc.
|
|
211,804
|
15,050,792
|
|
Southern Co. (The)
|
|
172,629
|
16,309,988
|
|
|
|
|
47,525,398
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,426,263,184)
|
1,571,618,582
|
||
|
Money Market Funds-0.03%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $463,644)
|
|
463,644
|
463,644
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.91%
(Cost $1,426,726,828)
|
1,572,082,226
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.67%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
2,874,181
|
$2,874,181
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
7,620,966
|
7,622,490
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $10,496,671)
|
10,496,671
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.58%
(Cost $1,437,223,499)
|
1,582,578,897
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.58)%
|
(9,070,689
)
|
||
|
NET ASSETS-100.00%
|
$1,573,508,208
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$660,360
|
$9,242,651
|
$(9,439,367
)
|
$-
|
$-
|
$463,644
|
$11,329
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
9,777,174
|
105,977,634
|
(112,880,627
)
|
-
|
-
|
2,874,181
|
53,754
*
|
|
Invesco Private Prime Fund
|
25,442,638
|
249,794,855
|
(267,615,359
)
|
-
|
356
|
7,622,490
|
150,232
*
|
|
Total
|
$35,880,172
|
$365,015,140
|
$(389,935,353
)
|
$-
|
$356
|
$10,960,315
|
$215,315
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.98%
|
|||
|
Communication Services-3.32%
|
|||
|
Alphabet, Inc., Class C
|
|
156,698
|
$30,220,776
|
|
Meta Platforms, Inc., Class A
|
|
45,838
|
35,452,943
|
|
Netflix, Inc.(b)
|
|
21,782
|
25,254,051
|
|
|
|
|
90,927,770
|
|
Consumer Discretionary-20.71%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
397,670
|
52,655,485
|
|
Aptiv PLC (Jersey)(b)
|
|
477,903
|
32,803,262
|
|
Chipotle Mexican Grill, Inc.(b)(c)
|
|
674,283
|
28,913,255
|
|
D.R. Horton, Inc.
|
|
210,762
|
30,105,244
|
|
Darden Restaurants, Inc.
|
|
167,228
|
33,724,871
|
|
Deckers Outdoor Corp.(b)
|
|
361,745
|
38,406,466
|
|
Expedia Group, Inc.
|
|
317,890
|
57,290,136
|
|
General Motors Co.
|
|
716,399
|
38,212,723
|
|
Lennar Corp., Class A(c)
|
|
224,453
|
25,179,137
|
|
lululemon athletica, inc.(b)
|
|
153,024
|
30,685,903
|
|
NVR, Inc.(b)
|
|
3,634
|
27,434,847
|
|
PulteGroup, Inc.
|
|
339,349
|
38,319,289
|
|
Royal Caribbean Cruises Ltd.(c)
|
|
213,508
|
67,867,788
|
|
Tapestry, Inc.
|
|
300,770
|
32,492,183
|
|
Ulta Beauty, Inc.(b)
|
|
63,211
|
32,554,297
|
|
|
|
|
566,644,886
|
|
Consumer Staples-2.44%
|
|||
|
Monster Beverage Corp.(b)
|
|
396,352
|
23,285,680
|
|
Sysco Corp.
|
|
545,016
|
43,383,274
|
|
|
|
|
66,668,954
|
|
Energy-5.89%
|
|||
|
Baker Hughes Co., Class A
|
|
926,055
|
41,718,778
|
|
Halliburton Co.
|
|
1,395,048
|
31,249,075
|
|
Phillips 66
|
|
213,972
|
26,442,660
|
|
Schlumberger N.V.
|
|
983,576
|
33,244,869
|
|
Texas Pacific Land Corp.(c)
|
|
29,509
|
28,568,548
|
|
|
|
|
161,223,930
|
|
Financials-15.52%
|
|||
|
Allstate Corp. (The)(c)
|
|
179,368
|
36,456,546
|
|
American Express Co.
|
|
98,739
|
29,553,570
|
|
Ameriprise Financial, Inc.
|
|
55,061
|
28,532,060
|
|
Arch Capital Group Ltd.(c)
|
|
495,874
|
42,674,916
|
|
Chubb Ltd.
|
|
94,936
|
25,256,773
|
|
Erie Indemnity Co., Class A(c)
|
|
85,029
|
30,290,731
|
|
Global Payments, Inc.
|
|
344,948
|
27,578,593
|
|
Hartford Insurance Group, Inc. (The)
|
|
217,672
|
27,076,220
|
|
Mastercard, Inc., Class A
|
|
55,356
|
31,357,513
|
|
PayPal Holdings, Inc.(b)
|
|
332,921
|
22,891,648
|
|
Progressive Corp. (The)
|
|
138,262
|
33,464,934
|
|
Travelers Cos., Inc. (The)
|
|
106,339
|
27,673,661
|
|
Visa, Inc., Class A
|
|
94,067
|
32,497,327
|
|
W.R. Berkley Corp.
|
|
425,733
|
29,294,688
|
|
|
|
|
424,599,180
|
|
Health Care-5.49%
|
|||
|
Centene Corp.(b)
|
|
581,316
|
15,154,908
|
|
Cigna Group (The)
|
|
94,226
|
25,194,148
|
|
Eli Lilly and Co.
|
|
42,148
|
31,192,470
|
|
Molina Healthcare, Inc.(b)
|
|
101,457
|
16,017,017
|
|
ResMed, Inc.(c)
|
|
123,863
|
33,683,304
|
|
Universal Health Services, Inc., Class B
|
|
174,596
|
29,061,504
|
|
|
|
|
150,303,351
|
|
Industrials-21.41%
|
|||
|
Caterpillar, Inc.
|
|
79,892
|
34,994,294
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Cintas Corp.
|
|
117,386
|
$26,124,254
|
|
Copart, Inc.(b)
|
|
595,584
|
26,997,823
|
|
Cummins, Inc.
|
|
96,409
|
35,441,877
|
|
Delta Air Lines, Inc.
|
|
1,227,449
|
65,312,561
|
|
Hubbell, Inc.(c)
|
|
71,394
|
31,233,447
|
|
Lennox International, Inc.(c)
|
|
47,575
|
28,973,175
|
|
PACCAR, Inc.
|
|
327,395
|
32,333,530
|
|
Parker-Hannifin Corp.
|
|
40,251
|
29,459,707
|
|
Paycom Software, Inc.(c)
|
|
171,726
|
39,761,438
|
|
Trane Technologies PLC
|
|
73,106
|
32,026,276
|
|
Uber Technologies, Inc.(b)
|
|
753,168
|
66,090,492
|
|
United Airlines Holdings, Inc.(b)
|
|
712,174
|
62,892,086
|
|
United Rentals, Inc.
|
|
52,441
|
46,302,257
|
|
W.W. Grainger, Inc.
|
|
26,703
|
27,758,837
|
|
|
|
|
585,702,054
|
|
Information Technology-21.07%
|
|||
|
Adobe, Inc.(b)
|
|
63,529
|
22,723,688
|
|
Arista Networks, Inc.(b)
|
|
599,244
|
73,838,846
|
|
Autodesk, Inc.(b)
|
|
105,524
|
31,985,379
|
|
First Solar, Inc.(b)(c)
|
|
197,879
|
34,575,398
|
|
Fortinet, Inc.(b)
|
|
455,654
|
45,519,834
|
|
Gartner, Inc.(b)
|
|
70,295
|
23,805,402
|
|
KLA Corp.
|
|
36,950
|
32,480,158
|
|
Microsoft Corp.
|
|
60,156
|
32,093,226
|
|
Monolithic Power Systems, Inc.
|
|
73,453
|
52,242,712
|
|
NVIDIA Corp.
|
|
491,151
|
87,361,028
|
|
Super Micro Computer, Inc.(b)(c)
|
|
1,623,307
|
95,726,414
|
|
Synopsys, Inc.(b)
|
|
69,793
|
44,211,772
|
|
|
|
|
576,563,857
|
|
Materials-1.08%
|
|||
|
Martin Marietta Materials, Inc.
|
|
51,172
|
29,417,759
|
|
Real Estate-3.05%
|
|||
|
Host Hotels & Resorts, Inc.
|
|
3,675,777
|
57,783,214
|
|
VICI Properties, Inc.
|
|
782,718
|
25,516,607
|
|
|
|
|
83,299,821
|
|
Total Common Stocks & Other Equity Interests
(Cost $2,562,470,199)
|
2,735,351,562
|
||
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $1,616,361)
|
|
1,616,361
|
1,616,361
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.04%
(Cost $2,564,086,560)
|
2,736,967,923
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-4.47%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
33,990,903
|
33,990,903
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
88,295,137
|
$88,312,796
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $122,303,699)
|
122,303,699
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.51%
(Cost $2,686,390,259)
|
2,859,271,622
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.51)%
|
(123,397,558
)
|
||
|
NET ASSETS-100.00%
|
$2,735,874,064
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$371,281
|
$12,046,489
|
$(10,801,409
)
|
$-
|
$-
|
$1,616,361
|
$24,427
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
26,556,829
|
176,856,736
|
(169,422,662
)
|
-
|
-
|
33,990,903
|
369,653
*
|
|
Invesco Private Prime Fund
|
69,169,970
|
502,882,644
|
(483,739,606
)
|
2,995
|
(3,207
)
|
88,312,796
|
991,091
*
|
|
Total
|
$96,098,080
|
$691,785,869
|
$(663,963,677
)
|
$2,995
|
$(3,207
)
|
$123,920,060
|
$1,385,171
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.96%
|
|||
|
Communication Services-6.70%
|
|||
|
AT&T, Inc.
|
|
18,291
|
$501,356
|
|
Charter Communications, Inc., Class A(b)
|
|
1,558
|
419,663
|
|
Fox Corp., Class A
|
|
10,271
|
572,711
|
|
News Corp., Class A
|
|
14,547
|
426,518
|
|
Paramount Global, Class B(c)
|
|
69,505
|
873,678
|
|
Verizon Communications, Inc.
|
|
16,049
|
686,255
|
|
Warner Bros. Discovery, Inc.(b)
|
|
56,110
|
738,969
|
|
|
|
|
4,219,150
|
|
Consumer Discretionary-8.08%
|
|||
|
Best Buy Co., Inc.
|
|
11,749
|
764,390
|
|
Carnival Corp.(b)
|
|
21,084
|
627,671
|
|
General Motors Co.
|
|
29,683
|
1,583,291
|
|
Mohawk Industries, Inc.(b)
|
|
10,194
|
1,167,315
|
|
PulteGroup, Inc.
|
|
8,332
|
940,849
|
|
|
|
|
5,083,516
|
|
Consumer Staples-5.64%
|
|||
|
Altria Group, Inc.
|
|
6,185
|
383,099
|
|
Keurig Dr Pepper, Inc.
|
|
11,160
|
364,374
|
|
Kroger Co. (The)
|
|
12,462
|
873,586
|
|
Molson Coors Beverage Co., Class B(c)
|
|
19,508
|
950,430
|
|
Tyson Foods, Inc., Class A
|
|
18,666
|
976,232
|
|
|
|
|
3,547,721
|
|
Energy-2.46%
|
|||
|
Baker Hughes Co., Class A
|
|
15,576
|
701,699
|
|
Kinder Morgan, Inc.
|
|
13,305
|
373,338
|
|
ONEOK, Inc.
|
|
5,780
|
474,596
|
|
|
|
|
1,549,633
|
|
Financials-37.01%
|
|||
|
Aflac, Inc.
|
|
4,444
|
441,556
|
|
Allstate Corp. (The)
|
|
3,095
|
629,059
|
|
Assurant, Inc.
|
|
3,236
|
606,103
|
|
Bank of America Corp.
|
|
14,610
|
690,615
|
|
Bank of New York Mellon Corp. (The)
|
|
5,928
|
601,396
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
1,160
|
547,381
|
|
Chubb Ltd.
|
|
1,925
|
512,127
|
|
Cincinnati Financial Corp.
|
|
3,585
|
528,823
|
|
Citigroup, Inc.
|
|
11,126
|
1,042,506
|
|
Citizens Financial Group, Inc.
|
|
19,993
|
954,066
|
|
Fifth Third Bancorp
|
|
16,348
|
679,586
|
|
Globe Life, Inc.
|
|
5,740
|
806,298
|
|
Goldman Sachs Group, Inc. (The)
|
|
876
|
633,865
|
|
Hartford Insurance Group, Inc. (The)
|
|
4,700
|
584,633
|
|
Huntington Bancshares, Inc.
|
|
42,415
|
696,878
|
|
Invesco Ltd.(d)
|
|
63,766
|
1,339,724
|
|
JPMorgan Chase & Co.
|
|
1,840
|
545,082
|
|
Loews Corp.
|
|
8,815
|
798,110
|
|
M&T Bank Corp.
|
|
3,839
|
724,419
|
|
MetLife, Inc.
|
|
9,374
|
711,955
|
|
Morgan Stanley
|
|
3,591
|
511,574
|
|
Northern Trust Corp.
|
|
6,222
|
808,860
|
|
PNC Financial Services Group, Inc. (The)
|
|
3,617
|
688,206
|
|
Prudential Financial, Inc.
|
|
8,095
|
838,480
|
|
Raymond James Financial, Inc.
|
|
3,307
|
552,699
|
|
Regions Financial Corp.
|
|
34,454
|
872,720
|
|
State Street Corp.
|
|
7,784
|
869,862
|
|
Synchrony Financial
|
|
12,883
|
897,559
|
|
Travelers Cos., Inc. (The)
|
|
2,113
|
549,887
|
|
Truist Financial Corp.
|
|
20,202
|
883,029
|
|
U.S. Bancorp
|
|
16,324
|
733,927
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
W.R. Berkley Corp.
|
|
5,553
|
$382,102
|
|
Wells Fargo & Co.
|
|
7,826
|
631,010
|
|
|
|
|
23,294,097
|
|
Health Care-6.22%
|
|||
|
Cardinal Health, Inc.
|
|
4,302
|
667,756
|
|
Cencora, Inc.
|
|
2,235
|
639,389
|
|
DaVita, Inc.(b)(c)
|
|
3,312
|
464,905
|
|
Labcorp Holdings, Inc.
|
|
1,447
|
376,336
|
|
McKesson Corp.
|
|
898
|
622,799
|
|
Quest Diagnostics, Inc.
|
|
2,171
|
363,447
|
|
Universal Health Services, Inc., Class B
|
|
4,664
|
776,323
|
|
|
|
|
3,910,955
|
|
Industrials-6.56%
|
|||
|
C.H. Robinson Worldwide, Inc.
|
|
5,035
|
580,636
|
|
Cummins, Inc.
|
|
1,392
|
511,727
|
|
General Dynamics Corp.
|
|
1,468
|
457,444
|
|
Leidos Holdings, Inc.
|
|
3,257
|
519,980
|
|
Snap-on, Inc.
|
|
1,194
|
383,501
|
|
Southwest Airlines Co.(c)
|
|
15,709
|
485,879
|
|
United Airlines Holdings, Inc.(b)
|
|
13,452
|
1,187,946
|
|
|
|
|
4,127,113
|
|
Information Technology-4.86%
|
|||
|
Cognizant Technology Solutions Corp., Class A
|
|
5,405
|
387,863
|
|
Hewlett Packard Enterprise Co.
|
|
63,559
|
1,315,036
|
|
HP, Inc.
|
|
32,862
|
814,977
|
|
Trimble, Inc.(b)(c)
|
|
6,454
|
541,426
|
|
|
|
|
3,059,302
|
|
Materials-4.69%
|
|||
|
Amcor PLC
|
|
56,084
|
524,385
|
|
International Paper Co.
|
|
11,725
|
548,027
|
|
Newmont Corp.(c)
|
|
10,743
|
667,140
|
|
Smurfit WestRock PLC
|
|
14,686
|
651,765
|
|
Steel Dynamics, Inc.
|
|
4,396
|
560,754
|
|
|
|
|
2,952,071
|
|
Real Estate-2.79%
|
|||
|
Healthpeak Properties, Inc.(c)
|
|
20,756
|
351,607
|
|
Kimco Realty Corp.
|
|
20,206
|
428,973
|
|
Realty Income Corp., REIT
|
|
6,302
|
353,731
|
|
VICI Properties, Inc.(c)
|
|
19,106
|
622,856
|
|
|
|
|
1,757,167
|
|
Utilities-14.95%
|
|||
|
Alliant Energy Corp.
|
|
6,041
|
392,726
|
|
Ameren Corp.
|
|
4,024
|
406,947
|
|
American Electric Power Co., Inc.
|
|
4,177
|
472,586
|
|
Atmos Energy Corp.(c)
|
|
2,589
|
403,677
|
|
CenterPoint Energy, Inc.(c)
|
|
10,185
|
395,382
|
|
CMS Energy Corp.
|
|
5,342
|
394,240
|
|
Consolidated Edison, Inc.
|
|
4,910
|
508,185
|
|
Dominion Energy, Inc.(c)
|
|
7,655
|
447,435
|
|
DTE Energy Co.
|
|
3,212
|
444,573
|
|
Duke Energy Corp.
|
|
3,819
|
464,543
|
|
Evergy, Inc.(c)
|
|
7,743
|
548,204
|
|
Eversource Energy
|
|
7,080
|
467,988
|
|
Exelon Corp.
|
|
13,027
|
585,433
|
|
FirstEnergy Corp.
|
|
11,289
|
482,153
|
|
NiSource, Inc.
|
|
10,146
|
430,698
|
|
PG&E Corp.
|
|
46,304
|
649,182
|
|
Pinnacle West Capital Corp.
|
|
5,839
|
529,130
|
|
PPL Corp.
|
|
11,829
|
422,177
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Sempra
|
|
6,349
|
$518,586
|
|
Xcel Energy, Inc.
|
|
6,055
|
444,679
|
|
|
|
|
9,408,524
|
|
Total Common Stocks & Other Equity Interests
(Cost $56,809,262)
|
62,909,249
|
||
|
Money Market Funds-0.12%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $74,409)
|
|
74,409
|
74,409
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-100.08%
(Cost $56,883,671)
|
62,983,658
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-8.34%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
1,454,294
|
$1,454,294
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
3,794,845
|
3,795,604
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $5,249,898)
|
5,249,898
|
||
|
TOTAL INVESTMENTS IN SECURITIES-108.42%
(Cost $62,133,569)
|
68,233,556
|
||
|
OTHER ASSETS LESS LIABILITIES-(8.42)%
|
(5,299,742
)
|
||
|
NET ASSETS-100.00%
|
$62,933,814
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Invesco Ltd.
|
$265,673
|
$682,100
|
$(26,864
)
|
$409,444
|
$9,371
|
$1,339,724
|
$4,140
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
110,016
|
421,995
|
(457,602
)
|
-
|
-
|
74,409
|
1,123
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
1,893,177
|
8,936,964
|
(9,375,847
)
|
-
|
-
|
1,454,294
|
16,478
*
|
|
Invesco Private Prime Fund
|
4,930,086
|
20,933,486
|
(22,067,854
)
|
129
|
(243
)
|
3,795,604
|
45,801
*
|
|
Total
|
$7,198,952
|
$30,974,545
|
$(31,928,167
)
|
$409,573
|
$9,128
|
$6,664,031
|
$67,542
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.97%
|
|||
|
Consumer Discretionary-6.59%
|
|||
|
Chewy, Inc., Class A(b)(c)
|
|
829,034
|
$30,425,548
|
|
Dick’s Sporting Goods, Inc.(c)
|
|
242,910
|
51,377,894
|
|
Duolingo, Inc.(b)(c)
|
|
181,713
|
62,972,640
|
|
Murphy USA, Inc.(c)
|
|
80,541
|
29,194,502
|
|
Planet Fitness, Inc., Class A(b)(c)
|
|
409,554
|
44,719,201
|
|
Texas Roadhouse, Inc.
|
|
307,603
|
56,946,543
|
|
|
|
|
275,636,328
|
|
Consumer Staples-12.29%
|
|||
|
BellRing Brands, Inc.(b)
|
|
505,151
|
27,571,141
|
|
BJ’s Wholesale Club Holdings, Inc.(b)
|
|
640,604
|
67,839,964
|
|
Casey’s General Stores, Inc.
|
|
178,214
|
92,694,448
|
|
Coca-Cola Consolidated, Inc.
|
|
266,853
|
29,820,823
|
|
Maplebear, Inc.(b)(c)
|
|
940,511
|
45,116,313
|
|
Pilgrim’s Pride Corp.(c)
|
|
241,541
|
11,446,628
|
|
Sprouts Farmers Market, Inc.(b)(c)
|
|
857,545
|
129,952,369
|
|
US Foods Holding Corp.(b)
|
|
1,310,559
|
109,208,881
|
|
|
|
|
513,650,567
|
|
Energy-4.42%
|
|||
|
Antero Midstream Corp.
|
|
1,523,855
|
27,962,739
|
|
Antero Resources Corp.(b)
|
|
1,252,837
|
43,761,596
|
|
DT Midstream, Inc.(c)
|
|
868,389
|
89,209,602
|
|
Viper Energy, Inc.(c)
|
|
632,357
|
23,814,565
|
|
|
|
|
184,748,502
|
|
Financials-27.60%
|
|||
|
CNO Financial Group, Inc.
|
|
473,172
|
17,431,656
|
|
Commerce Bancshares, Inc.(c)
|
|
512,671
|
31,375,465
|
|
East West Bancorp, Inc.
|
|
557,248
|
55,864,112
|
|
Equitable Holdings, Inc.
|
|
1,919,628
|
98,572,898
|
|
Evercore, Inc., Class A
|
|
192,278
|
57,902,597
|
|
First Horizon Corp.(c)
|
|
2,462,175
|
53,700,037
|
|
Houlihan Lokey, Inc.(c)
|
|
293,926
|
56,039,931
|
|
Interactive Brokers Group, Inc., Class A(c)
|
|
3,736,124
|
244,940,289
|
|
Janus Henderson Group PLC
|
|
824,300
|
35,692,190
|
|
Jefferies Financial Group, Inc.
|
|
1,230,697
|
70,961,989
|
|
Old National Bancorp(c)
|
|
1,293,776
|
27,311,611
|
|
Old Republic International Corp.
|
|
1,357,111
|
49,086,705
|
|
Reinsurance Group of America, Inc.
|
|
251,361
|
48,374,424
|
|
Ryan Specialty Holdings, Inc., Class A(c)
|
|
522,709
|
31,984,564
|
|
SEI Investments Co.
|
|
481,507
|
42,430,397
|
|
SLM Corp.(c)
|
|
799,449
|
25,422,478
|
|
Stifel Financial Corp.
|
|
589,274
|
67,247,949
|
|
Synovus Financial Corp.
|
|
571,137
|
26,980,512
|
|
UMB Financial Corp.
|
|
257,428
|
28,314,506
|
|
Unum Group(c)
|
|
1,171,512
|
84,126,277
|
|
|
|
|
1,153,760,587
|
|
Health Care-8.00%
|
|||
|
Doximity, Inc., Class A(b)(c)
|
|
614,124
|
36,079,785
|
|
Encompass Health Corp.
|
|
489,116
|
53,856,563
|
|
Exelixis, Inc.(b)(c)
|
|
1,124,482
|
40,728,738
|
|
Globus Medical, Inc., Class A(b)(c)
|
|
653,025
|
34,368,706
|
|
Halozyme Therapeutics, Inc.(b)(c)
|
|
539,538
|
32,356,094
|
|
Tenet Healthcare Corp.(b)
|
|
439,117
|
70,820,790
|
|
United Therapeutics Corp.(b)
|
|
241,131
|
66,238,685
|
|
|
|
|
334,449,361
|
|
Industrials-22.04%
|
|||
|
AAON, Inc.(c)
|
|
269,768
|
22,525,628
|
|
Acuity, Inc.(c)
|
|
118,010
|
36,742,414
|
|
Applied Industrial Technologies, Inc.(c)
|
|
166,848
|
45,299,232
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Chart Industries, Inc.(b)
|
|
180,511
|
$35,891,002
|
|
Clean Harbors, Inc.(b)(c)
|
|
191,190
|
45,084,514
|
|
Comfort Systems USA, Inc.(c)
|
|
170,375
|
119,824,737
|
|
Curtiss-Wright Corp.
|
|
192,475
|
94,355,095
|
|
EMCOR Group, Inc.
|
|
281,624
|
176,716,244
|
|
ESAB Corp.(c)
|
|
220,211
|
29,545,710
|
|
ExlService Holdings, Inc.(b)(c)
|
|
929,779
|
40,380,302
|
|
Flowserve Corp.
|
|
733,678
|
41,115,315
|
|
MasTec, Inc.(b)
|
|
408,506
|
77,293,420
|
|
Mueller Industries, Inc.(c)
|
|
545,547
|
46,573,347
|
|
RB Global, Inc. (Canada)
|
|
739,913
|
80,102,981
|
|
Ryder System, Inc.
|
|
167,681
|
29,798,591
|
|
|
|
|
921,248,532
|
|
Information Technology-8.34%
|
|||
|
Belden, Inc.(c)
|
|
171,008
|
21,145,139
|
|
Commvault Systems, Inc.(b)(c)
|
|
179,562
|
34,107,802
|
|
Flex Ltd.(b)
|
|
1,846,934
|
92,106,599
|
|
Guidewire Software, Inc.(b)
|
|
503,836
|
113,977,780
|
|
Kyndryl Holdings, Inc.(b)(c)
|
|
1,076,602
|
40,663,257
|
|
TD SYNNEX Corp.
|
|
323,838
|
46,758,969
|
|
|
|
|
348,759,546
|
|
Materials-3.75%
|
|||
|
Carpenter Technology Corp.
|
|
428,293
|
106,811,991
|
|
Knife River Corp.(b)(c)
|
|
241,094
|
19,885,433
|
|
Louisiana-Pacific Corp.
|
|
333,753
|
30,174,609
|
|
|
|
|
156,872,033
|
|
Real Estate-4.14%
|
|||
|
Cousins Properties, Inc.(c)
|
|
668,851
|
18,125,862
|
|
Jones Lang LaSalle, Inc.(b)(c)
|
|
220,914
|
59,726,309
|
|
Omega Healthcare Investors, Inc.
|
|
1,360,219
|
52,912,519
|
|
Sabra Health Care REIT, Inc.(c)
|
|
941,432
|
16,974,019
|
|
Vornado Realty Trust(c)
|
|
664,222
|
25,519,410
|
|
|
|
|
173,258,119
|
|
Utilities-2.80%
|
|||
|
National Fuel Gas Co.
|
|
558,697
|
48,489,313
|
|
OGE Energy Corp.(c)
|
|
936,653
|
42,542,779
|
|
TXNM Energy, Inc.(c)
|
|
459,641
|
26,103,012
|
|
|
|
|
117,135,104
|
|
Total Common Stocks & Other Equity Interests
(Cost $3,749,001,537)
|
4,179,518,679
|
||
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $2,461,053)
|
|
2,461,053
|
2,461,053
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.03%
(Cost $3,751,462,590)
|
4,181,979,732
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-5.10%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
59,272,461
|
59,272,461
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
154,121,964
|
$154,152,788
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $213,425,249)
|
213,425,249
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.13%
(Cost $3,964,887,839)
|
4,395,404,981
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.13)%
|
(214,480,958
)
|
||
|
NET ASSETS-100.00%
|
$4,180,924,023
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$1,485,367
|
$11,504,013
|
$(10,528,327
)
|
$-
|
$-
|
$2,461,053
|
$33,876
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
60,869,742
|
219,020,948
|
(220,618,229
)
|
-
|
-
|
59,272,461
|
669,692
*
|
|
Invesco Private Prime Fund
|
159,962,627
|
518,091,572
|
(523,902,420
)
|
6,779
|
(5,770
)
|
154,152,788
|
1,785,652
*
|
|
Total
|
$222,317,736
|
$748,616,533
|
$(755,048,976
)
|
$6,779
|
$(5,770
)
|
$215,886,302
|
$2,489,220
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.93%
|
|||
|
Consumer Discretionary-13.42%
|
|||
|
Abercrombie & Fitch Co., Class A(b)(c)
|
|
342,210
|
$32,859,004
|
|
Autoliv, Inc. (Sweden)(c)
|
|
485,528
|
54,160,648
|
|
Chewy, Inc., Class A(b)
|
|
2,109,623
|
77,423,164
|
|
Columbia Sportswear Co.(c)
|
|
251,975
|
14,254,226
|
|
Crocs, Inc.(b)(c)
|
|
491,066
|
48,974,012
|
|
GameStop Corp., Class A(b)(c)
|
|
2,923,338
|
65,628,938
|
|
Grand Canyon Education, Inc.(b)(c)
|
|
307,446
|
51,844,619
|
|
Mattel, Inc.(b)(c)
|
|
2,066,087
|
35,144,140
|
|
Murphy USA, Inc.(c)
|
|
138,845
|
50,328,536
|
|
Texas Roadhouse, Inc.
|
|
471,805
|
87,345,260
|
|
TopBuild Corp.(b)(c)
|
|
189,686
|
70,265,385
|
|
Valvoline, Inc.(b)(c)
|
|
774,796
|
27,311,559
|
|
Visteon Corp.(b)
|
|
171,496
|
19,061,780
|
|
YETI Holdings, Inc.(b)(c)
|
|
493,453
|
18,129,463
|
|
|
|
|
652,730,734
|
|
Consumer Staples-5.56%
|
|||
|
Boston Beer Co., Inc. (The), Class A(b)(c)
|
|
62,849
|
13,014,771
|
|
Celsius Holdings, Inc.(b)(c)
|
|
944,376
|
42,818,008
|
|
Ingredion, Inc.(c)
|
|
505,161
|
66,448,878
|
|
Marzetti Co. (The)(c)
|
|
126,906
|
22,558,810
|
|
Pilgrim’s Pride Corp.(c)
|
|
395,210
|
18,729,002
|
|
Sprouts Farmers Market, Inc.(b)
|
|
704,283
|
106,727,046
|
|
|
|
|
270,296,515
|
|
Energy-0.48%
|
|||
|
Weatherford International PLC
|
|
410,689
|
23,224,463
|
|
Financials-15.45%
|
|||
|
American Financial Group, Inc.(c)
|
|
469,485
|
58,638,676
|
|
Essent Group Ltd.
|
|
625,994
|
35,049,404
|
|
Evercore, Inc., Class A
|
|
250,073
|
75,306,983
|
|
Federated Hermes, Inc., Class B(c)
|
|
591,195
|
29,305,536
|
|
First Financial Bankshares, Inc.(c)
|
|
777,276
|
26,909,295
|
|
Hamilton Lane, Inc., Class A(c)
|
|
395,839
|
60,286,280
|
|
Houlihan Lokey, Inc.
|
|
373,213
|
71,156,791
|
|
Kinsale Capital Group, Inc.(c)
|
|
188,530
|
83,083,286
|
|
MGIC Investment Corp.
|
|
1,543,324
|
39,972,092
|
|
Morningstar, Inc.
|
|
190,514
|
52,669,500
|
|
RenaissanceRe Holdings Ltd.
(Bermuda)(c)
|
|
320,519
|
78,123,301
|
|
RLI Corp.
|
|
606,614
|
40,030,458
|
|
SEI Investments Co.
|
|
836,813
|
73,739,962
|
|
Western Union Co. (The)(c)
|
|
3,348,321
|
26,953,984
|
|
|
|
|
751,225,548
|
|
Health Care-15.06%
|
|||
|
Avantor, Inc.(b)(c)
|
|
4,155,947
|
55,855,927
|
|
Chemed Corp.(c)
|
|
105,160
|
43,357,468
|
|
Doximity, Inc., Class A(b)
|
|
858,181
|
50,418,134
|
|
Exelixis, Inc.(b)
|
|
2,320,959
|
84,065,135
|
|
Halozyme Therapeutics, Inc.(b)(c)
|
|
783,201
|
46,968,564
|
|
Hims & Hers Health, Inc.(b)(c)
|
|
1,449,010
|
95,895,482
|
|
Lantheus Holdings, Inc.(b)(c)
|
|
388,041
|
27,624,639
|
|
Medpace Holdings, Inc.(b)(c)
|
|
338,980
|
144,812,256
|
|
Penumbra, Inc.(b)(c)
|
|
293,245
|
73,976,916
|
|
United Therapeutics Corp.(b)
|
|
398,807
|
109,552,283
|
|
|
|
|
732,526,804
|
|
Industrials-35.33%
|
|||
|
Acuity, Inc.
|
|
193,435
|
60,225,987
|
|
AECOM
|
|
820,575
|
92,511,626
|
|
Applied Industrial Technologies, Inc.
|
|
234,158
|
63,573,897
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
BWX Technologies, Inc.
|
|
546,835
|
$83,080,642
|
|
Carlisle Cos., Inc.(c)
|
|
578,558
|
205,220,308
|
|
Comfort Systems USA, Inc.
|
|
272,959
|
191,972,065
|
|
Donaldson Co., Inc.
|
|
892,812
|
64,255,680
|
|
EMCOR Group, Inc.
|
|
409,150
|
256,737,533
|
|
EnerSys(c)
|
|
231,363
|
21,371,000
|
|
Exponent, Inc.(c)
|
|
320,365
|
22,092,370
|
|
Fluor Corp.(b)(c)
|
|
993,443
|
56,397,759
|
|
FTI Consulting, Inc.(b)(c)
|
|
236,061
|
39,268,747
|
|
Genpact Ltd.(c)
|
|
1,030,887
|
45,410,572
|
|
Graco, Inc.(c)
|
|
971,913
|
81,621,254
|
|
Insperity, Inc.(c)
|
|
322,327
|
19,204,243
|
|
Landstar System, Inc.(c)
|
|
244,592
|
32,621,235
|
|
Lincoln Electric Holdings, Inc.
|
|
356,954
|
86,918,299
|
|
MSA Safety, Inc.(c)
|
|
252,434
|
44,900,436
|
|
MSC Industrial Direct Co., Inc., Class A(c)
|
|
279,923
|
24,246,930
|
|
Nextracker, Inc., Class A(b)(c)
|
|
1,002,352
|
58,397,028
|
|
Paylocity Holding Corp.(b)
|
|
289,571
|
53,535,886
|
|
Toro Co. (The)(c)
|
|
797,811
|
59,237,467
|
|
Valmont Industries, Inc.(c)
|
|
151,392
|
55,099,118
|
|
|
|
|
1,717,900,082
|
|
Information Technology-8.52%
|
|||
|
Commvault Systems, Inc.(b)
|
|
281,900
|
53,546,905
|
|
DocuSign, Inc.(b)
|
|
1,388,027
|
104,990,362
|
|
Manhattan Associates, Inc.(b)(c)
|
|
669,005
|
146,953,638
|
|
Pegasystems, Inc.(c)
|
|
627,850
|
36,861,074
|
|
Qualys, Inc.(b)(c)
|
|
256,046
|
34,072,041
|
|
Vontier Corp.(c)
|
|
910,795
|
37,770,669
|
|
|
|
|
414,194,689
|
|
Materials-6.11%
|
|||
|
Cabot Corp.(c)
|
|
356,366
|
25,722,498
|
|
Eagle Materials, Inc.(c)
|
|
239,015
|
53,608,674
|
|
Louisiana-Pacific Corp.
|
|
468,455
|
42,353,017
|
|
Royal Gold, Inc.(c)
|
|
459,986
|
69,651,080
|
|
RPM International, Inc.(c)
|
|
902,724
|
105,988,825
|
|
|
|
|
297,324,094
|
|
Total Common Stocks & Other Equity Interests
(Cost $4,647,758,056)
|
4,859,422,929
|
||
|
Money Market Funds-0.11%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $5,102,365)
|
|
5,102,365
|
5,102,365
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.04%
(Cost $4,652,860,421)
|
4,864,525,294
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-12.90%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
170,061,464
|
170,061,464
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
457,002,803
|
$457,094,204
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $627,156,787)
|
627,155,668
|
||
|
TOTAL INVESTMENTS IN SECURITIES-112.94%
(Cost $5,280,017,208)
|
5,491,680,962
|
||
|
OTHER ASSETS LESS LIABILITIES-(12.94)%
|
(629,004,672
)
|
||
|
NET ASSETS-100.00%
|
$4,862,676,290
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$4,341,548
|
$24,970,413
|
$(24,209,596
)
|
$-
|
$-
|
$5,102,365
|
$53,595
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
151,004,116
|
315,762,294
|
(296,704,946
)
|
-
|
-
|
170,061,464
|
1,627,155
*
|
|
Invesco Private Prime Fund
|
393,999,594
|
674,158,187
|
(611,062,458
)
|
22,607
|
(23,726
)
|
457,094,204
|
4,405,238
*
|
|
Total
|
$549,345,258
|
$1,014,890,894
|
$(931,977,000
)
|
$22,607
|
$(23,726
)
|
$632,258,033
|
$6,085,988
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.96%
|
|||
|
Communication Services-3.11%
|
|||
|
EchoStar Corp., Class A(b)(c)
|
|
251,788
|
$8,205,771
|
|
Consumer Discretionary-11.28%
|
|||
|
Aramark
|
|
52,504
|
2,234,570
|
|
AutoNation, Inc.(b)
|
|
23,560
|
4,538,598
|
|
Gap, Inc. (The)(c)
|
|
151,537
|
2,948,910
|
|
Graham Holdings Co., Class B(c)
|
|
4,988
|
4,759,450
|
|
Lithia Motors, Inc., Class A
|
|
17,965
|
5,173,920
|
|
Murphy USA, Inc.
|
|
5,701
|
2,066,499
|
|
Taylor Morrison Home Corp., Class A(b)(c)
|
|
85,280
|
5,055,399
|
|
Travel + Leisure Co.
|
|
50,249
|
2,977,253
|
|
|
|
|
29,754,599
|
|
Consumer Staples-7.31%
|
|||
|
Albertson’s Cos., Inc., Class A(c)
|
|
221,938
|
4,265,648
|
|
Ingredion, Inc.
|
|
16,804
|
2,210,398
|
|
Performance Food Group Co.(b)
|
|
45,348
|
4,552,939
|
|
Pilgrim’s Pride Corp.
|
|
67,440
|
3,195,982
|
|
Post Holdings, Inc.(b)
|
|
24,100
|
2,550,021
|
|
US Foods Holding Corp.(b)
|
|
29,876
|
2,489,567
|
|
|
|
|
19,264,555
|
|
Energy-0.83%
|
|||
|
Viper Energy, Inc.(c)
|
|
57,857
|
2,178,895
|
|
Financials-52.50%
|
|||
|
Affiliated Managers Group, Inc.
|
|
13,219
|
2,774,272
|
|
American Financial Group, Inc.
|
|
19,346
|
2,416,315
|
|
Annaly Capital Management, Inc.(c)
|
|
132,641
|
2,696,592
|
|
Associated Banc-Corp
|
|
119,342
|
2,952,521
|
|
Bank OZK
|
|
90,829
|
4,477,870
|
|
Brighthouse Financial, Inc.(b)(c)
|
|
113,565
|
5,434,085
|
|
Cadence Bank(c)
|
|
108,020
|
3,764,497
|
|
CNO Financial Group, Inc.
|
|
81,350
|
2,996,934
|
|
Columbia Banking System, Inc.(c)
|
|
153,872
|
3,662,154
|
|
Comerica, Inc.
|
|
55,601
|
3,756,960
|
|
Cullen/Frost Bankers, Inc.(c)
|
|
16,008
|
2,039,579
|
|
East West Bancorp, Inc.
|
|
27,325
|
2,739,331
|
|
Essent Group Ltd.
|
|
60,646
|
3,395,570
|
|
F.N.B. Corp.(c)
|
|
274,175
|
4,200,361
|
|
Federated Hermes, Inc., Class B(c)
|
|
50,615
|
2,508,986
|
|
Fidelity National Financial, Inc.(c)
|
|
46,854
|
2,643,971
|
|
First American Financial Corp.(c)
|
|
46,421
|
2,787,581
|
|
First Horizon Corp.
|
|
135,761
|
2,960,947
|
|
Hancock Whitney Corp.(c)
|
|
59,407
|
3,547,786
|
|
Hanover Insurance Group, Inc. (The)
|
|
14,865
|
2,551,280
|
|
Home BancShares, Inc.
|
|
86,456
|
2,434,601
|
|
International Bancshares Corp.(c)
|
|
45,954
|
3,133,144
|
|
Janus Henderson Group PLC
|
|
75,316
|
3,261,183
|
|
Jefferies Financial Group, Inc.
|
|
58,860
|
3,393,868
|
|
Kemper Corp.
|
|
52,272
|
3,219,432
|
|
MGIC Investment Corp.
|
|
120,617
|
3,123,980
|
|
Old National Bancorp
|
|
144,955
|
3,060,000
|
|
Old Republic International Corp.
|
|
79,441
|
2,873,381
|
|
Pinnacle Financial Partners, Inc.
|
|
22,046
|
1,937,623
|
|
Prosperity Bancshares, Inc.(c)
|
|
46,341
|
3,087,237
|
|
Reinsurance Group of America, Inc.
|
|
17,559
|
3,379,230
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
16,396
|
3,996,361
|
|
SouthState Corp.
|
|
32,684
|
3,077,852
|
|
Starwood Property Trust, Inc.(c)
|
|
119,962
|
2,334,461
|
|
Synovus Financial Corp.
|
|
52,111
|
2,461,724
|
|
Texas Capital Bancshares, Inc.(b)(c)
|
|
29,009
|
2,435,886
|
|
UMB Financial Corp.
|
|
26,686
|
2,935,193
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
United Bankshares, Inc.
|
|
83,995
|
$2,983,502
|
|
Unum Group
|
|
44,531
|
3,197,771
|
|
Valley National Bancorp(c)
|
|
446,019
|
4,134,596
|
|
Webster Financial Corp.
|
|
60,743
|
3,501,834
|
|
Western Alliance Bancorporation
|
|
43,256
|
3,354,935
|
|
Wintrust Financial Corp.
|
|
23,231
|
2,973,103
|
|
Zions Bancorporation N.A.
|
|
71,047
|
3,809,540
|
|
|
|
|
138,408,029
|
|
Health Care-1.79%
|
|||
|
Tenet Healthcare Corp.(b)
|
|
16,356
|
2,637,896
|
|
United Therapeutics Corp.(b)
|
|
7,577
|
2,081,402
|
|
|
|
|
4,719,298
|
|
Industrials-3.37%
|
|||
|
Ryder System, Inc.
|
|
22,928
|
4,074,535
|
|
WESCO International, Inc.
|
|
23,209
|
4,803,334
|
|
|
|
|
8,877,869
|
|
Information Technology-5.94%
|
|||
|
Avnet, Inc.
|
|
122,459
|
6,482,979
|
|
Flex Ltd.(b)
|
|
55,943
|
2,789,877
|
|
TD SYNNEX Corp.
|
|
44,209
|
6,383,338
|
|
|
|
|
15,656,194
|
|
Materials-1.19%
|
|||
|
Graphic Packaging Holding Co.(c)
|
|
140,537
|
3,142,407
|
|
Real Estate-3.60%
|
|||
|
Cousins Properties, Inc.
|
|
70,483
|
1,910,089
|
|
Jones Lang LaSalle, Inc.(b)
|
|
14,707
|
3,976,185
|
|
Kilroy Realty Corp.(c)
|
|
98,107
|
3,616,224
|
|
|
|
|
9,502,498
|
|
Utilities-9.04%
|
|||
|
Black Hills Corp.
|
|
50,070
|
2,893,045
|
|
Essential Utilities, Inc.
|
|
53,544
|
1,970,419
|
|
New Jersey Resources Corp.(c)
|
|
57,130
|
2,622,838
|
|
NorthWestern Energy Group, Inc.
|
|
53,735
|
2,885,570
|
|
ONE Gas, Inc.(c)
|
|
32,860
|
2,388,922
|
|
Portland General Electric Co.
|
|
72,784
|
2,992,878
|
|
Southwest Gas Holdings, Inc.(c)
|
|
35,088
|
2,741,776
|
|
Spire, Inc.
|
|
33,831
|
2,519,395
|
|
UGI Corp.(c)
|
|
77,779
|
2,814,044
|
|
|
|
|
23,828,887
|
|
Total Common Stocks & Other Equity Interests
(Cost $234,396,095)
|
263,539,002
|
||
|
Money Market Funds-0.11%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $270,939)
|
|
270,939
|
270,939
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.07%
(Cost $234,667,034)
|
263,809,941
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-18.17%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
13,302,230
|
13,302,230
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
34,599,185
|
$34,606,105
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $47,908,353)
|
47,908,335
|
||
|
TOTAL INVESTMENTS IN SECURITIES-118.24%
(Cost $282,575,387)
|
311,718,276
|
||
|
OTHER ASSETS LESS LIABILITIES-(18.24)%
|
(48,078,208
)
|
||
|
NET ASSETS-100.00%
|
$263,640,068
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$329,198
|
$8,435,113
|
$(8,493,372
)
|
$-
|
$-
|
$270,939
|
$6,982
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
14,218,409
|
40,454,384
|
(41,370,563
)
|
-
|
-
|
13,302,230
|
102,902
*
|
|
Invesco Private Prime Fund
|
34,788,887
|
66,490,089
|
(66,672,752
)
|
971
|
(1,090
)
|
34,606,105
|
281,236
*
|
|
Total
|
$49,336,494
|
$115,379,586
|
$(116,536,687
)
|
$971
|
$(1,090
)
|
$48,179,274
|
$391,120
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.92%
|
|||
|
Communication Services-4.09%
|
|||
|
CarGurus, Inc.(b)
|
|
362,346
|
$11,892,196
|
|
Cinemark Holdings, Inc.(c)
|
|
727,819
|
19,556,497
|
|
Lumen Technologies, Inc.(b)
|
|
5,047,961
|
22,463,426
|
|
QuinStreet, Inc.(b)
|
|
236,769
|
3,885,379
|
|
Telephone and Data Systems, Inc.
|
|
340,073
|
13,276,450
|
|
|
|
|
71,073,948
|
|
Consumer Discretionary-16.79%
|
|||
|
Adtalem Global Education, Inc.(b)
|
|
243,665
|
27,843,599
|
|
Boot Barn Holdings, Inc.(b)(c)
|
|
173,874
|
29,888,941
|
|
Brinker International, Inc.(b)
|
|
320,066
|
50,442,402
|
|
Buckle, Inc. (The)
|
|
94,767
|
4,678,647
|
|
Cavco Industries, Inc.(b)
|
|
28,732
|
11,598,246
|
|
Cheesecake Factory, Inc. (The)(c)
|
|
200,994
|
12,845,526
|
|
Dorman Products, Inc.(b)
|
|
115,693
|
13,954,890
|
|
Frontdoor, Inc.(b)
|
|
416,582
|
24,370,047
|
|
Group 1 Automotive, Inc.
|
|
69,202
|
28,521,604
|
|
Hanesbrands, Inc.(b)(c)
|
|
1,255,578
|
5,135,314
|
|
Kontoor Brands, Inc.
|
|
208,616
|
11,611,567
|
|
Patrick Industries, Inc.(c)
|
|
115,575
|
11,238,513
|
|
Perdoceo Education Corp.
|
|
214,492
|
6,173,080
|
|
PHINIA, Inc.
|
|
184,733
|
9,365,963
|
|
Sonic Automotive, Inc., Class A
|
|
48,436
|
3,504,345
|
|
Stride, Inc.(b)(c)
|
|
229,652
|
29,448,276
|
|
Wolverine World Wide, Inc.(c)
|
|
499,404
|
11,276,542
|
|
|
|
|
291,897,502
|
|
Consumer Staples-2.88%
|
|||
|
Cal-Maine Foods, Inc.
|
|
293,591
|
32,629,704
|
|
Chefs’ Warehouse, Inc. (The)(b)(c)
|
|
164,197
|
11,257,346
|
|
United Natural Foods, Inc.(b)
|
|
222,701
|
6,155,456
|
|
|
|
|
50,042,506
|
|
Energy-1.61%
|
|||
|
Archrock, Inc.
|
|
794,239
|
18,553,423
|
|
Comstock Resources, Inc.(b)(c)
|
|
524,799
|
9,378,158
|
|
|
|
|
27,931,581
|
|
Financials-19.98%
|
|||
|
Ameris Bancorp
|
|
181,001
|
12,371,418
|
|
BankUnited, Inc.
|
|
247,588
|
9,029,534
|
|
Banner Corp.
|
|
137,269
|
8,520,973
|
|
Bread Financial Holdings, Inc.
|
|
192,429
|
11,795,898
|
|
Central Pacific Financial Corp.
|
|
114,045
|
3,040,440
|
|
Community Financial System, Inc.
|
|
181,016
|
9,539,543
|
|
Enova International, Inc.(b)
|
|
171,174
|
17,897,954
|
|
EZCORP, Inc., Class A(b)(c)
|
|
175,556
|
2,513,962
|
|
FB Financial Corp.
|
|
111,686
|
5,445,809
|
|
Fulton Financial Corp.
|
|
511,206
|
9,176,148
|
|
Hanmi Financial Corp.
|
|
101,204
|
2,308,463
|
|
Jackson Financial, Inc., Class A
|
|
377,365
|
33,042,079
|
|
Moelis & Co., Class A
|
|
230,913
|
16,196,238
|
|
Mr. Cooper Group, Inc.(b)
|
|
278,514
|
43,370,200
|
|
Palomar Holdings, Inc.(b)
|
|
122,052
|
16,170,670
|
|
Pathward Financial, Inc.
|
|
101,695
|
7,690,684
|
|
Payoneer Global, Inc.(b)
|
|
1,377,185
|
9,048,106
|
|
Piper Sandler Cos.
|
|
85,168
|
26,855,174
|
|
PJT Partners, Inc., Class A(c)
|
|
118,027
|
21,081,983
|
|
StepStone Group, Inc., Class A
|
|
363,325
|
21,566,972
|
|
StoneX Group, Inc.(b)
|
|
223,038
|
21,688,215
|
|
Trustmark Corp.
|
|
207,579
|
7,732,318
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Virtu Financial, Inc., Class A
|
|
581,274
|
$25,657,434
|
|
WisdomTree, Inc.(c)
|
|
414,756
|
5,503,812
|
|
|
|
|
347,244,027
|
|
Health Care-13.63%
|
|||
|
Addus HomeCare Corp.(b)
|
|
66,174
|
7,066,060
|
|
ADMA Biologics, Inc.(b)
|
|
1,546,509
|
28,919,718
|
|
Artivion, Inc.(b)(c)
|
|
215,236
|
6,652,945
|
|
Catalyst Pharmaceuticals, Inc.(b)
|
|
372,532
|
7,946,107
|
|
Corcept Therapeutics, Inc.(b)(c)
|
|
672,147
|
45,148,114
|
|
CorVel Corp.(b)(c)
|
|
96,137
|
8,517,738
|
|
Glaukos Corp.(b)(c)
|
|
279,116
|
24,029,096
|
|
ICU Medical, Inc.(b)
|
|
102,831
|
13,204,529
|
|
Integer Holdings Corp.(b)
|
|
117,683
|
12,769,782
|
|
LeMaitre Vascular, Inc.(c)
|
|
90,312
|
7,336,947
|
|
Ligand Pharmaceuticals, Inc.(b)(c)
|
|
60,550
|
7,967,169
|
|
Merit Medical Systems, Inc.(b)
|
|
243,036
|
20,624,035
|
|
Phibro Animal Health Corp., Class A
|
|
94,789
|
2,511,908
|
|
Protagonist Therapeutics, Inc.(b)(c)
|
|
165,874
|
8,933,974
|
|
RadNet, Inc.(b)(c)
|
|
256,175
|
14,020,458
|
|
TG Therapeutics, Inc.(b)(c)
|
|
458,638
|
16,281,649
|
|
UFP Technologies, Inc.(b)(c)
|
|
22,089
|
5,000,729
|
|
|
|
|
236,930,958
|
|
Industrials-19.30%
|
|||
|
ABM Industries, Inc.
|
|
199,326
|
9,194,908
|
|
Armstrong World Industries, Inc.
|
|
208,954
|
39,318,874
|
|
Brady Corp., Class A
|
|
126,329
|
8,915,038
|
|
CSW Industrials, Inc.
|
|
66,886
|
17,355,579
|
|
DXP Enterprises, Inc.(b)
|
|
91,561
|
10,370,199
|
|
Dycom Industries, Inc.(b)
|
|
120,904
|
32,500,204
|
|
Enerpac Tool Group Corp.
|
|
225,162
|
8,670,989
|
|
Gates Industrial Corp. PLC(b)(c)
|
|
1,027,332
|
25,477,834
|
|
GEO Group, Inc. (The)(b)
|
|
817,385
|
21,186,619
|
|
Granite Construction, Inc.(c)
|
|
313,471
|
29,613,605
|
|
Greenbrier Cos., Inc. (The)
|
|
106,299
|
4,836,605
|
|
Heidrick & Struggles International, Inc.
|
|
71,391
|
3,179,041
|
|
Interface, Inc.
|
|
255,508
|
5,268,575
|
|
Liquidity Services, Inc.(b)
|
|
108,180
|
2,583,339
|
|
National Presto Industries, Inc.
|
|
15,800
|
1,523,910
|
|
OPENLANE, Inc.(b)
|
|
405,943
|
10,002,436
|
|
Pitney Bowes, Inc.(c)
|
|
779,395
|
8,853,927
|
|
Powell Industries, Inc.(c)
|
|
29,073
|
6,893,208
|
|
SkyWest, Inc.(b)
|
|
291,067
|
33,752,129
|
|
SPX Technologies, Inc.(b)
|
|
151,441
|
27,621,324
|
|
Trinity Industries, Inc.
|
|
308,301
|
7,183,413
|
|
Zurn Elkay Water Solutions Corp.
|
|
478,705
|
21,182,696
|
|
|
|
|
335,484,452
|
|
Information Technology-12.71%
|
|||
|
A10 Networks, Inc.
|
|
255,727
|
4,710,491
|
|
ACI Worldwide, Inc.(b)
|
|
582,153
|
24,776,432
|
|
Badger Meter, Inc.
|
|
110,815
|
20,917,439
|
|
Benchmark Electronics, Inc.
|
|
120,941
|
4,656,228
|
|
CEVA, Inc.(b)(c)
|
|
74,213
|
1,585,932
|
|
Grid Dynamics Holdings, Inc.(b)
|
|
242,431
|
2,300,670
|
|
InterDigital, Inc.(c)
|
|
138,016
|
35,635,731
|
|
Itron, Inc.(b)
|
|
143,091
|
17,820,553
|
|
OSI Systems, Inc.(b)(c)
|
|
58,254
|
12,874,717
|
|
Plexus Corp.(b)
|
|
97,507
|
12,432,142
|
|
Sanmina Corp.(b)
|
|
167,867
|
19,479,287
|
|
Semtech Corp.(b)(c)
|
|
598,849
|
30,601,184
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
SiTime Corp.(b)
|
|
61,561
|
$12,487,649
|
|
TTM Technologies, Inc.(b)
|
|
434,607
|
20,535,181
|
|
|
|
|
220,813,636
|
|
Materials-0.99%
|
|||
|
Hawkins, Inc.
|
|
66,928
|
10,928,004
|
|
Sylvamo Corp.
|
|
137,531
|
6,336,053
|
|
|
|
|
17,264,057
|
|
Real Estate-6.19%
|
|||
|
Acadia Realty Trust(c)
|
|
497,516
|
9,313,499
|
|
CareTrust REIT, Inc.
|
|
690,621
|
21,961,748
|
|
Essential Properties Realty Trust, Inc.
|
|
725,997
|
22,135,649
|
|
Four Corners Property Trust, Inc.(c)
|
|
312,543
|
7,888,585
|
|
Highwoods Properties, Inc.
|
|
363,419
|
10,542,785
|
|
NexPoint Residential Trust, Inc.
|
|
71,944
|
2,243,214
|
|
Outfront Media, Inc.(c)
|
|
506,143
|
8,872,687
|
|
SL Green Realty Corp.
|
|
255,772
|
14,642,947
|
|
Tanger, Inc.
|
|
334,648
|
10,046,133
|
|
|
|
|
107,647,247
|
|
Utilities-1.75%
|
|||
|
MDU Resources Group, Inc.
|
|
1,163,211
|
20,065,390
|
|
MGE Energy, Inc.(c)
|
|
120,837
|
10,263,895
|
|
|
|
|
30,329,285
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,592,699,994)
|
1,736,659,199
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.11%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $1,939,990)
|
|
1,939,990
|
$1,939,990
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.03%
(Cost $1,594,639,984)
|
1,738,599,189
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-12.54%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
60,460,587
|
60,460,587
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
157,349,042
|
157,380,512
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $217,842,003)
|
217,841,099
|
||
|
TOTAL INVESTMENTS IN SECURITIES-112.57%
(Cost $1,812,481,987)
|
1,956,440,288
|
||
|
OTHER ASSETS LESS LIABILITIES-(12.57)%
|
(218,409,685
)
|
||
|
NET ASSETS-100.00%
|
$1,738,030,603
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$1,367,282
|
$4,971,486
|
$(4,398,778
)
|
$-
|
$-
|
$1,939,990
|
$15,359
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
66,856,725
|
99,971,774
|
(106,367,912
)
|
-
|
-
|
60,460,587
|
709,431
*
|
|
Invesco Private Prime Fund
|
173,410,521
|
258,045,674
|
(274,074,779
)
|
10,397
|
(11,301
)
|
157,380,512
|
1,884,241
*
|
|
Total
|
$241,634,528
|
$362,988,934
|
$(384,841,469
)
|
$10,397
|
$(11,301
)
|
$219,781,089
|
$2,609,031
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.91%
|
|||
|
Communication Services-2.30%
|
|||
|
Shenandoah Telecommunications Co.(b)
|
|
238,355
|
$3,499,051
|
|
TEGNA, Inc.(b)
|
|
315,353
|
5,266,395
|
|
Telephone and Data Systems, Inc.
|
|
101,116
|
3,947,569
|
|
|
|
|
12,713,015
|
|
Consumer Discretionary-16.17%
|
|||
|
Asbury Automotive Group, Inc.(b)(c)
|
|
25,385
|
5,638,516
|
|
Dana, Inc.
|
|
280,434
|
4,464,509
|
|
Ethan Allen Interiors, Inc.(b)
|
|
132,986
|
3,958,993
|
|
G-III Apparel Group Ltd.(c)
|
|
303,016
|
7,151,178
|
|
Green Brick Partners, Inc.(c)
|
|
62,296
|
3,858,614
|
|
Group 1 Automotive, Inc.
|
|
12,449
|
5,130,855
|
|
La-Z-Boy, Inc.(b)
|
|
83,810
|
3,014,646
|
|
M/I Homes, Inc.(c)
|
|
50,208
|
6,034,500
|
|
MarineMax, Inc.(b)(c)
|
|
399,645
|
9,063,949
|
|
Meritage Homes Corp.
|
|
82,429
|
5,550,769
|
|
PENN Entertainment, Inc.(c)
|
|
329,256
|
5,946,363
|
|
PHINIA, Inc.
|
|
96,595
|
4,897,367
|
|
Sally Beauty Holdings, Inc.(b)(c)
|
|
778,702
|
7,584,558
|
|
Sonic Automotive, Inc., Class A(b)
|
|
91,401
|
6,612,862
|
|
Tri Pointe Homes, Inc.(c)
|
|
185,800
|
5,722,640
|
|
Victoria’s Secret & Co.(c)
|
|
248,538
|
4,672,514
|
|
|
|
|
89,302,833
|
|
Consumer Staples-6.30%
|
|||
|
Cal-Maine Foods, Inc.
|
|
40,829
|
4,537,735
|
|
Fresh Del Monte Produce, Inc.(b)
|
|
179,544
|
6,749,059
|
|
SpartanNash Co.
|
|
418,143
|
11,097,515
|
|
United Natural Foods, Inc.(c)
|
|
300,053
|
8,293,465
|
|
Universal Corp.
|
|
75,530
|
4,114,119
|
|
|
|
|
34,791,893
|
|
Energy-2.38%
|
|||
|
Bristow Group, Inc.(c)
|
|
162,556
|
5,619,561
|
|
World Kinect Corp.(b)
|
|
276,566
|
7,541,955
|
|
|
|
|
13,161,516
|
|
Financials-50.63%
|
|||
|
Ameris Bancorp
|
|
54,759
|
3,742,778
|
|
Apollo Commercial Real Estate Finance, Inc.
|
|
355,038
|
3,415,466
|
|
Arbor Realty Trust, Inc.(b)
|
|
425,981
|
4,753,948
|
|
Assured Guaranty Ltd.
|
|
52,151
|
4,410,932
|
|
Atlantic Union Bankshares Corp., Class B
|
|
123,360
|
3,910,512
|
|
Banc of California, Inc.
|
|
291,357
|
4,230,504
|
|
BankUnited, Inc.
|
|
117,152
|
4,272,533
|
|
Banner Corp.
|
|
53,256
|
3,305,866
|
|
Berkshire Hills Bancorp, Inc.
|
|
156,739
|
3,862,049
|
|
Bread Financial Holdings, Inc.
|
|
90,691
|
5,559,358
|
|
Brookline Bancorp, Inc.
|
|
414,349
|
4,276,082
|
|
Capitol Federal Financial, Inc.
|
|
723,312
|
4,354,338
|
|
Cathay General Bancorp
|
|
79,100
|
3,576,902
|
|
Customers Bancorp, Inc.(c)
|
|
71,988
|
4,589,235
|
|
Dime Community Bancshares, Inc., Class B
|
|
125,489
|
3,477,300
|
|
Eagle Bancorp, Inc.(b)
|
|
247,509
|
3,982,420
|
|
Ellington Financial, Inc.
|
|
308,581
|
3,915,893
|
|
Employers Holdings, Inc.
|
|
80,722
|
3,332,204
|
|
Enact Holdings, Inc.
|
|
110,091
|
3,826,763
|
|
EZCORP, Inc., Class A(b)(c)
|
|
369,791
|
5,295,407
|
|
First Commonwealth Financial Corp.
|
|
216,155
|
3,568,719
|
|
First Financial Bancorp
|
|
164,944
|
3,998,243
|
|
First Hawaiian, Inc.
|
|
136,584
|
3,312,162
|
|
Franklin BSP Realty Trust, Inc.(b)
|
|
369,173
|
3,728,647
|
|
Fulton Financial Corp.
|
|
215,151
|
3,861,960
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Genworth Financial, Inc., Class A(c)
|
|
1,086,941
|
$8,543,356
|
|
Hanmi Financial Corp.
|
|
167,205
|
3,813,946
|
|
Heritage Financial Corp.
|
|
154,851
|
3,490,342
|
|
Hilltop Holdings, Inc.(b)
|
|
132,926
|
3,934,610
|
|
Hope Bancorp, Inc.
|
|
504,554
|
5,040,494
|
|
Horace Mann Educators Corp.
|
|
80,197
|
3,410,778
|
|
Independent Bank Corp.
|
|
58,591
|
3,723,458
|
|
Jackson Financial, Inc., Class A
|
|
61,593
|
5,393,083
|
|
KKR Real Estate Finance Trust, Inc.(b)
|
|
451,894
|
4,085,122
|
|
Lincoln National Corp.
|
|
224,639
|
8,560,992
|
|
Mercury General Corp.
|
|
55,252
|
3,826,201
|
|
National Bank Holdings Corp., Class A
|
|
94,361
|
3,497,019
|
|
New York Mortgage Trust, Inc.
|
|
555,232
|
3,514,619
|
|
NMI Holdings, Inc., Class A(b)(c)
|
|
81,714
|
3,049,566
|
|
Northwest Bancshares, Inc.
|
|
291,479
|
3,410,304
|
|
Pacific Premier Bancorp, Inc.
|
|
208,287
|
4,513,579
|
|
PennyMac Mortgage Investment Trust(b)
|
|
335,968
|
3,961,063
|
|
PRA Group, Inc.(b)(c)
|
|
508,527
|
7,729,610
|
|
PROG Holdings, Inc.
|
|
164,389
|
5,234,146
|
|
Provident Financial Services, Inc.
|
|
235,692
|
4,294,308
|
|
Radian Group, Inc.
|
|
110,324
|
3,597,666
|
|
Redwood Trust, Inc.(b)
|
|
764,928
|
4,176,507
|
|
Renasant Corp.
|
|
116,070
|
4,252,805
|
|
S&T Bancorp, Inc.(b)
|
|
99,342
|
3,639,891
|
|
Safety Insurance Group, Inc.
|
|
41,751
|
2,937,183
|
|
Seacoast Banking Corp. of Florida
|
|
130,234
|
3,671,296
|
|
Simmons First National Corp., Class A
|
|
236,181
|
4,527,590
|
|
SiriusPoint Ltd. (Sweden)(c)
|
|
177,325
|
3,477,343
|
|
Southside Bancshares, Inc.(b)
|
|
128,243
|
3,775,474
|
|
Stellar Bancorp, Inc.
|
|
141,192
|
4,169,400
|
|
Stewart Information Services Corp.
|
|
62,198
|
4,038,516
|
|
StoneX Group, Inc.(c)
|
|
79,163
|
7,697,810
|
|
Tompkins Financial Corp.
|
|
53,149
|
3,437,677
|
|
TrustCo Bank Corp.
|
|
125,100
|
4,198,356
|
|
Trustmark Corp.
|
|
107,823
|
4,016,407
|
|
Two Harbors Investment Corp.(b)
|
|
323,116
|
3,150,381
|
|
United Community Banks, Inc.
|
|
119,800
|
3,653,900
|
|
United Fire Group, Inc., (Acquired
06/20/2025 - 06/23/2025;
Cost $5,215,327)(d)
|
|
182,360
|
4,841,658
|
|
Veritex Holdings, Inc.
|
|
165,846
|
5,260,635
|
|
WaFd, Inc.
|
|
142,058
|
4,134,598
|
|
WSFS Financial Corp.
|
|
63,482
|
3,481,353
|
|
|
|
|
279,723,263
|
|
Health Care-2.09%
|
|||
|
AdaptHealth Corp.(b)(c)
|
|
696,588
|
6,248,395
|
|
Select Medical Holdings Corp.
|
|
357,570
|
5,288,460
|
|
|
|
|
11,536,855
|
|
Industrials-8.63%
|
|||
|
ABM Industries, Inc.
|
|
85,537
|
3,945,822
|
|
Air Lease Corp., Class A
|
|
75,324
|
4,172,950
|
|
DNOW, Inc.(c)
|
|
255,267
|
3,971,954
|
|
Greenbrier Cos., Inc. (The)
|
|
128,971
|
5,868,180
|
|
Healthcare Services Group, Inc.(c)
|
|
224,599
|
2,922,033
|
|
JetBlue Airways Corp.(b)(c)
|
|
1,297,370
|
5,760,323
|
|
Matson, Inc.
|
|
34,673
|
3,702,383
|
|
Resideo Technologies, Inc.(c)
|
|
214,452
|
5,854,540
|
|
Rush Enterprises, Inc., Class A(b)
|
|
76,825
|
4,159,305
|
|
Schneider National, Inc., Class B(b)
|
|
142,677
|
3,488,453
|
|
SkyWest, Inc.(c)
|
|
33,042
|
3,831,550
|
|
|
|
|
47,677,493
|
|
|
Shares
|
Value
|
|
|
Information Technology-2.94%
|
|||
|
Alpha & Omega Semiconductor Ltd.(c)
|
|
163,955
|
$4,175,934
|
|
Benchmark Electronics, Inc.(b)
|
|
112,124
|
4,316,774
|
|
PC Connection, Inc.
|
|
53,190
|
3,275,972
|
|
Sanmina Corp.(c)
|
|
38,764
|
4,498,174
|
|
|
|
|
16,266,854
|
|
Materials-2.32%
|
|||
|
Century Aluminum Co.(b)(c)
|
|
190,417
|
4,033,032
|
|
SunCoke Energy, Inc.
|
|
722,856
|
5,341,906
|
|
Sylvamo Corp.
|
|
74,493
|
3,431,892
|
|
|
|
|
12,806,830
|
|
Real Estate-4.29%
|
|||
|
American Assets Trust, Inc.
|
|
172,894
|
3,290,173
|
|
Cushman & Wakefield PLC(b)(c)
|
|
578,130
|
7,047,405
|
|
eXp World Holdings, Inc.(b)
|
|
394,656
|
4,254,392
|
|
Safehold, Inc.(b)
|
|
385,278
|
5,390,039
|
|
SITE Centers Corp., (Acquired 12/20/2024;
Cost $5,328,653)(d)
|
|
344,473
|
3,709,974
|
|
|
|
|
23,691,983
|
|
Utilities-1.86%
|
|||
|
Avista Corp.
|
|
89,665
|
3,344,505
|
|
MDU Resources Group, Inc.
|
|
194,456
|
3,354,366
|
|
Northwest Natural Holding Co.
|
|
89,134
|
3,558,229
|
|
|
|
|
10,257,100
|
|
Total Common Stocks & Other Equity Interests
(Cost $541,411,289)
|
551,929,635
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.11%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(e)(f)
(Cost $634,426)
|
|
634,426
|
$634,426
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.02%
(Cost $542,045,715)
|
552,564,061
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-8.78%
|
|||
|
Invesco Private Government Fund,
4.32%(e)(f)(g)
|
|
13,495,338
|
13,495,338
|
|
Invesco Private Prime Fund, 4.46%(e)(f)(g)
|
|
35,013,092
|
35,020,095
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $48,515,608)
|
48,515,433
|
||
|
TOTAL INVESTMENTS IN SECURITIES-108.80%
(Cost $590,561,323)
|
601,079,494
|
||
|
OTHER ASSETS LESS LIABILITIES-(8.80)%
|
(48,637,721
)
|
||
|
NET ASSETS-100.00%
|
$552,441,773
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
Restricted security. The aggregate value of these securities at July 31, 2025 was $8,551,632, which represented 1.55% of the Fund’s Net Assets.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$541,147
|
$6,182,080
|
$(6,088,801
)
|
$-
|
$-
|
$634,426
|
$4,051
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
20,800,227
|
33,765,236
|
(41,070,125
)
|
-
|
-
|
13,495,338
|
155,434
*
|
|
Invesco Private Prime Fund
|
54,108,381
|
76,284,921
|
(95,373,032
)
|
2,838
|
(3,013
)
|
35,020,095
|
416,543
*
|
|
Total
|
$75,449,755
|
$116,232,237
|
$(142,531,958
)
|
$2,838
|
$(3,013
)
|
$49,149,859
|
$576,028
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.96%
|
|||
|
Communication Services-1.33%
|
|||
|
Fox Corp., Class B
|
|
46,881
|
$2,397,494
|
|
Consumer Discretionary-4.91%
|
|||
|
Churchill Downs, Inc.
|
|
7,452
|
797,662
|
|
Grand Canyon Education, Inc.(b)
|
|
3,031
|
511,118
|
|
Las Vegas Sands Corp.
|
|
72,406
|
3,794,074
|
|
Levi Strauss & Co., Class A(c)
|
|
40,492
|
797,288
|
|
Penske Automotive Group, Inc.(c)
|
|
6,917
|
1,157,975
|
|
Yum China Holdings, Inc. (China)
|
|
37,780
|
1,763,570
|
|
|
|
|
8,821,687
|
|
Consumer Staples-0.92%
|
|||
|
Performance Food Group Co.(b)
|
|
16,477
|
1,654,291
|
|
Financials-21.92%
|
|||
|
Arch Capital Group Ltd.
|
|
39,937
|
3,436,978
|
|
Blue Owl Capital, Inc.(c)
|
|
159,458
|
3,085,512
|
|
Brown & Brown, Inc.
|
|
30,315
|
2,769,882
|
|
Cincinnati Financial Corp.
|
|
16,698
|
2,463,122
|
|
CNA Financial Corp.(c)
|
|
28,360
|
1,257,199
|
|
Corebridge Financial, Inc.
|
|
57,272
|
2,036,592
|
|
Credicorp Ltd. (Peru)
|
|
8,439
|
2,000,043
|
|
Enact Holdings, Inc.(c)
|
|
15,567
|
541,109
|
|
Essent Group Ltd.
|
|
10,530
|
589,575
|
|
Futu Holdings Ltd., ADR (Hong Kong)
|
|
13,441
|
2,065,613
|
|
Hartford Insurance Group, Inc. (The)
|
|
30,474
|
3,790,661
|
|
Popular, Inc.
|
|
6,964
|
797,935
|
|
Principal Financial Group, Inc.
|
|
23,544
|
1,832,429
|
|
Prosperity Bancshares, Inc.(c)
|
|
9,814
|
653,809
|
|
State Street Corp.
|
|
28,724
|
3,209,907
|
|
Unum Group
|
|
18,615
|
1,336,743
|
|
Virtu Financial, Inc., Class A
|
|
15,987
|
705,666
|
|
Voya Financial, Inc.(c)
|
|
9,861
|
690,270
|
|
W.R. Berkley Corp.
|
|
41,105
|
2,828,435
|
|
Willis Towers Watson PLC
|
|
10,467
|
3,305,583
|
|
|
|
|
39,397,063
|
|
Health Care-9.26%
|
|||
|
Agilent Technologies, Inc.
|
|
29,183
|
3,350,500
|
|
Centene Corp.(b)
|
|
53,155
|
1,385,751
|
|
Chemed Corp.
|
|
1,527
|
629,582
|
|
Encompass Health Corp.
|
|
10,460
|
1,151,751
|
|
GE HealthCare Technologies, Inc.
|
|
47,308
|
3,374,007
|
|
Globus Medical, Inc., Class A(b)
|
|
14,146
|
744,504
|
|
ICON PLC(b)
|
|
8,520
|
1,441,499
|
|
Mettler-Toledo International, Inc.(b)
|
|
2,121
|
2,616,635
|
|
Molina Healthcare, Inc.(b)
|
|
5,692
|
898,596
|
|
Option Care Health, Inc.(b)
|
|
17,065
|
500,858
|
|
Teleflex, Inc.
|
|
4,611
|
551,014
|
|
|
|
|
16,644,697
|
|
Industrials-21.94%
|
|||
|
AerCap Holdings N.V. (Ireland)
|
|
19,833
|
2,127,089
|
|
Air Lease Corp., Class A
|
|
11,673
|
646,684
|
|
Applied Industrial Technologies, Inc.
|
|
4,048
|
1,099,032
|
|
Armstrong World Industries, Inc.
|
|
4,356
|
819,669
|
|
Dover Corp.
|
|
14,053
|
2,545,560
|
|
ESAB Corp.
|
|
6,207
|
832,793
|
|
Fortive Corp.
|
|
46,262
|
2,217,338
|
|
Graco, Inc.
|
|
17,297
|
1,452,602
|
|
IDEX Corp.
|
|
7,876
|
1,287,805
|
|
Ingersoll Rand, Inc.
|
|
41,070
|
3,475,754
|
|
ITT, Inc.
|
|
8,057
|
1,369,368
|
|
J.B. Hunt Transport Services, Inc.
|
|
10,197
|
1,468,878
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Jacobs Solutions, Inc.
|
|
12,554
|
$1,781,036
|
|
Lincoln Electric Holdings, Inc.
|
|
5,706
|
1,389,411
|
|
Owens Corning
|
|
8,662
|
1,207,743
|
|
Pentair PLC
|
|
16,640
|
1,700,608
|
|
Regal Rexnord Corp.
|
|
6,779
|
1,036,373
|
|
SPX Technologies, Inc.(b)
|
|
4,693
|
855,956
|
|
TFI International, Inc. (Canada)
|
|
8,864
|
772,675
|
|
Veralto Corp.
|
|
25,261
|
2,648,111
|
|
Wabtec Corp.
|
|
17,706
|
3,400,437
|
|
Watts Water Technologies, Inc., Class A
|
|
3,450
|
905,004
|
|
Xylem, Inc.
|
|
25,060
|
3,624,177
|
|
Zurn Elkay Water Solutions Corp.
|
|
17,303
|
765,658
|
|
|
|
|
39,429,761
|
|
Information Technology-9.10%
|
|||
|
CDW Corp.
|
|
13,338
|
2,325,880
|
|
F5, Inc.(b)
|
|
5,885
|
1,844,477
|
|
Flex Ltd.(b)
|
|
36,834
|
1,836,912
|
|
Keysight Technologies, Inc.(b)
|
|
17,630
|
2,889,733
|
|
Littelfuse, Inc.(c)
|
|
2,521
|
648,729
|
|
Logitech International S.A., Class R
(Switzerland)(c)
|
|
15,723
|
1,460,352
|
|
Teledyne Technologies, Inc.(b)
|
|
4,840
|
2,666,937
|
|
Trimble, Inc.(b)
|
|
24,417
|
2,048,342
|
|
Vontier Corp.
|
|
15,085
|
625,575
|
|
|
|
|
16,346,937
|
|
Materials-10.54%
|
|||
|
AptarGroup, Inc.
|
|
6,776
|
1,064,781
|
|
Axalta Coating Systems Ltd.(b)
|
|
22,501
|
637,228
|
|
Balchem Corp.
|
|
3,383
|
515,806
|
|
Ball Corp.
|
|
28,883
|
1,653,841
|
|
DuPont de Nemours, Inc.
|
|
42,979
|
3,090,190
|
|
Element Solutions, Inc.(c)
|
|
24,176
|
570,554
|
|
International Flavors & Fragrances, Inc.
|
|
26,811
|
1,904,385
|
|
Nutrien Ltd. (Canada)
|
|
53,399
|
3,167,629
|
|
Packaging Corp. of America
|
|
9,506
|
1,841,788
|
|
PPG Industries, Inc.
|
|
22,981
|
2,424,495
|
|
RPM International, Inc.
|
|
13,225
|
1,552,747
|
|
Silgan Holdings, Inc.
|
|
11,114
|
517,134
|
|
|
|
|
18,940,578
|
|
Real Estate-10.76%
|
|||
|
AvalonBay Communities, Inc.
|
|
15,447
|
2,877,467
|
|
Camden Property Trust
|
|
11,477
|
1,253,288
|
|
CubeSmart
|
|
24,088
|
937,264
|
|
EastGroup Properties, Inc.
|
|
5,644
|
921,327
|
|
Equity LifeStyle Properties, Inc.
|
|
20,217
|
1,211,403
|
|
Equity Residential
|
|
42,132
|
2,662,742
|
|
Extra Space Storage, Inc.
|
|
22,479
|
3,020,279
|
|
Gaming and Leisure Properties, Inc.
|
|
29,059
|
1,324,509
|
|
Healthpeak Properties, Inc.
|
|
72,113
|
1,221,594
|
|
SBA Communications Corp., Class A
|
|
11,175
|
2,511,246
|
|
UDR, Inc.
|
|
35,618
|
1,399,431
|
|
|
|
|
19,340,550
|
|
Utilities-9.28%
|
|||
|
American Water Works Co., Inc.
|
|
20,747
|
2,909,559
|
|
Consolidated Edison, Inc.
|
|
39,124
|
4,049,334
|
|
DTE Energy Co.
|
|
22,134
|
3,063,567
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Entergy Corp.
|
|
45,225
|
$4,089,697
|
|
Eversource Energy
|
|
38,817
|
2,565,804
|
|
|
|
|
16,677,961
|
|
Total Common Stocks & Other Equity Interests
(Cost $172,482,125)
|
179,651,019
|
||
|
Money Market Funds-0.13%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $234,926)
|
|
234,926
|
234,926
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.09%
(Cost $172,717,051)
|
179,885,945
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-5.01%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
2,492,474
|
$2,492,474
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
6,499,314
|
6,500,614
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $8,993,088)
|
8,993,088
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.10%
(Cost $181,710,139)
|
188,879,033
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.10)%
|
(9,161,584
)
|
||
|
NET ASSETS-100.00%
|
$179,717,449
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Invesco Ltd.
|
$697,949
|
$-
|
$(827,052
)
|
$127,715
|
$1,388
|
$-
|
$10,522
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
271,525
|
842,670
|
(879,269
)
|
-
|
-
|
234,926
|
1,659
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
2,187,176
|
13,884,020
|
(13,578,722
)
|
-
|
-
|
2,492,474
|
28,413
*
|
|
Invesco Private Prime Fund
|
5,676,467
|
28,934,285
|
(28,110,217
)
|
110
|
(31
)
|
6,500,614
|
77,939
*
|
|
Total
|
$8,833,117
|
$43,660,975
|
$(43,395,260
)
|
$127,825
|
$1,357
|
$9,228,014
|
$118,533
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-79.85%
|
|||
|
Communication Services-2.98%
|
|||
|
Autohome, Inc., ADR (China)
|
|
34,350
|
$930,542
|
|
JOYY, Inc., ADR (China)
|
|
23,747
|
1,192,099
|
|
SK Telecom Co. Ltd., ADR (South Korea)
|
|
40,228
|
892,659
|
|
TEGNA, Inc.
|
|
21,416
|
357,647
|
|
|
|
|
3,372,947
|
|
Consumer Discretionary-6.17%
|
|||
|
Build-A-Bear Workshop, Inc.(b)
|
|
8,545
|
433,317
|
|
Century Communities, Inc.
|
|
6,588
|
370,839
|
|
Garrett Motion, Inc. (Switzerland)(b)
|
|
32,294
|
421,114
|
|
Harley-Davidson, Inc.(b)
|
|
29,487
|
717,419
|
|
La-Z-Boy, Inc.(b)
|
|
8,430
|
303,227
|
|
Lear Corp.(b)
|
|
7,912
|
746,022
|
|
Leggett & Platt, Inc.(b)
|
|
40,607
|
387,797
|
|
Meritage Homes Corp.
|
|
11,070
|
745,454
|
|
Penske Automotive Group, Inc.(b)
|
|
4,439
|
743,133
|
|
PHINIA, Inc.
|
|
8,245
|
418,021
|
|
Shoe Carnival, Inc.
|
|
19,001
|
388,760
|
|
Signet Jewelers Ltd.
|
|
16,518
|
1,306,574
|
|
|
|
|
6,981,677
|
|
Consumer Staples-1.29%
|
|||
|
Edgewell Personal Care Co.(b)
|
|
12,981
|
327,511
|
|
Kroger Co. (The)
|
|
16,173
|
1,133,727
|
|
|
|
|
1,461,238
|
|
Energy-24.80%
|
|||
|
Alliance Resource Partners L.P.
|
|
46,582
|
1,233,491
|
|
Black Stone Minerals L.P.
|
|
93,678
|
1,173,785
|
|
Cenovus Energy, Inc. (Canada)
|
|
80,783
|
1,230,325
|
|
Devon Energy Corp.
|
|
34,994
|
1,162,501
|
|
Dorchester Minerals L.P.
|
|
43,806
|
1,200,284
|
|
Energy Transfer L.P.
|
|
47,108
|
849,828
|
|
Enterprise Products Partners L.P.
|
|
24,406
|
756,342
|
|
EOG Resources, Inc.
|
|
9,861
|
1,183,517
|
|
Equinor ASA, ADR (Norway)
|
|
26,586
|
684,590
|
|
Genesis Energy L.P.
|
|
29,873
|
518,595
|
|
Global Partners L.P.
|
|
13,137
|
689,693
|
|
Halliburton Co.
|
|
54,922
|
1,230,253
|
|
Imperial Oil Ltd. (Canada)(b)
|
|
5,034
|
420,188
|
|
Liberty Energy, Inc., Class A
|
|
61,591
|
760,033
|
|
Magnolia Oil & Gas Corp., Class A
|
|
32,939
|
784,607
|
|
Marathon Petroleum Corp.
|
|
6,756
|
1,149,804
|
|
Matador Resources Co.
|
|
24,835
|
1,238,770
|
|
MPLX L.P.
|
|
16,798
|
881,895
|
|
NOV, Inc.(b)
|
|
60,292
|
758,473
|
|
Ovintiv, Inc.
|
|
30,024
|
1,236,388
|
|
Peabody Energy Corp.(b)
|
|
50,460
|
814,929
|
|
Permian Resources Corp.
|
|
85,502
|
1,210,708
|
|
Plains All American Pipeline L.P.
|
|
60,683
|
1,107,465
|
|
Scorpio Tankers, Inc. (Monaco)
|
|
17,780
|
803,834
|
|
Shell PLC, ADR (United Kingdom)(b)
|
|
8,298
|
599,199
|
|
SM Energy Co.
|
|
30,578
|
843,647
|
|
Sunoco L.P.
|
|
12,935
|
715,435
|
|
Teekay Tankers Ltd., Class A (Canada)(b)
|
|
8,556
|
362,347
|
|
Tenaris S.A., ADR(b)
|
|
12,501
|
436,785
|
|
Weatherford International PLC
|
|
15,964
|
902,764
|
|
Western Midstream Partners L.P.
|
|
27,425
|
1,117,020
|
|
|
|
|
28,057,495
|
|
Financials-25.12%
|
|||
|
Allstate Corp. (The)
|
|
5,274
|
1,071,940
|
|
Annaly Capital Management, Inc.(b)
|
|
57,731
|
1,173,671
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Apollo Commercial Real Estate Finance,
Inc.(b)
|
|
16,483
|
$158,565
|
|
Banco Bilbao Vizcaya Argentaria S.A., ADR
(Spain)
|
|
41,914
|
701,221
|
|
Banco de Chile, ADR (Chile)(b)
|
|
20,996
|
573,611
|
|
Bank OZK
|
|
16,017
|
789,638
|
|
Blackstone Mortgage Trust, Inc., Class A(b)
|
|
24,859
|
459,394
|
|
BOK Financial Corp.(b)
|
|
3,835
|
389,368
|
|
Corebridge Financial, Inc.
|
|
33,701
|
1,198,408
|
|
Dynex Capital, Inc.
|
|
59,155
|
735,888
|
|
East West Bancorp, Inc.
|
|
11,876
|
1,190,569
|
|
Ellington Financial, Inc.
|
|
17,560
|
222,836
|
|
Enact Holdings, Inc.
|
|
10,200
|
354,552
|
|
Essent Group Ltd.
|
|
12,445
|
696,796
|
|
Everest Group Ltd.
|
|
3,180
|
1,067,844
|
|
F&G Annuities & Life, Inc.(b)
|
|
11,309
|
360,870
|
|
First Bancorp
|
|
17,655
|
367,754
|
|
Hancock Whitney Corp.
|
|
13,051
|
779,406
|
|
Hanover Insurance Group, Inc. (The)
|
|
4,231
|
726,167
|
|
ING Groep N.V., ADR (Netherlands)
|
|
39,437
|
921,248
|
|
International Bancshares Corp.
|
|
5,697
|
388,421
|
|
Jackson Financial, Inc., Class A
|
|
8,655
|
757,832
|
|
JPMorgan Chase & Co.
|
|
4,122
|
1,221,101
|
|
Kemper Corp.
|
|
5,724
|
352,541
|
|
Lincoln National Corp.(b)
|
|
21,724
|
827,902
|
|
Lloyds Banking Group PLC, ADR (United
Kingdom)(b)
|
|
155,088
|
654,471
|
|
MetLife, Inc.
|
|
13,884
|
1,054,490
|
|
MGIC Investment Corp.
|
|
27,372
|
708,935
|
|
NatWest Group PLC, ADR (United
Kingdom)(b)
|
|
52,740
|
737,305
|
|
OFG Bancorp
|
|
8,627
|
367,683
|
|
Popular, Inc.
|
|
6,981
|
799,883
|
|
Qifu Technology, Inc., ADR (China)(b)
|
|
9,552
|
327,920
|
|
Radian Group, Inc.(b)
|
|
21,318
|
695,180
|
|
Synchrony Financial
|
|
18,577
|
1,294,260
|
|
Two Harbors Investment Corp.(b)
|
|
23,392
|
228,072
|
|
Unum Group
|
|
13,423
|
963,906
|
|
Voya Financial, Inc.
|
|
10,839
|
758,730
|
|
Wells Fargo & Co.
|
|
14,823
|
1,195,178
|
|
Western Alliance Bancorporation
|
|
14,779
|
1,146,259
|
|
|
|
|
28,419,815
|
|
Health Care-3.31%
|
|||
|
Cigna Group (The)
|
|
3,481
|
930,750
|
|
Royalty Pharma PLC, Class A
|
|
33,552
|
1,234,714
|
|
Takeda Pharmaceutical Co. Ltd., ADR
(Japan)(b)
|
|
33,874
|
464,751
|
|
Viatris, Inc.
|
|
127,546
|
1,114,752
|
|
|
|
|
3,744,967
|
|
Industrials-4.39%
|
|||
|
ABM Industries, Inc.
|
|
6,912
|
318,851
|
|
Concentrix Corp.(b)
|
|
12,664
|
658,148
|
|
Greenbrier Cos., Inc. (The)(b)
|
|
8,002
|
364,091
|
|
Hillenbrand, Inc.(b)
|
|
18,324
|
379,490
|
|
Korn Ferry(b)
|
|
5,305
|
375,966
|
|
Oshkosh Corp.
|
|
7,242
|
916,330
|
|
Owens Corning
|
|
7,935
|
1,106,377
|
|
Ryder System, Inc.
|
|
4,782
|
849,809
|
|
|
|
|
4,969,062
|
|
|
Shares
|
Value
|
|
|
Materials-3.38%
|
|||
|
Cabot Corp.
|
|
4,779
|
$344,948
|
|
CF Industries Holdings, Inc.
|
|
11,984
|
1,112,475
|
|
Graphic Packaging Holding Co.(b)
|
|
31,763
|
710,220
|
|
Methanex Corp. (Canada)
|
|
10,763
|
359,915
|
|
Sylvamo Corp.
|
|
6,554
|
301,943
|
|
Vale S.A., ADR (Brazil)(b)
|
|
104,798
|
998,725
|
|
|
|
|
3,828,226
|
|
Real Estate-6.82%
|
|||
|
American Homes 4 Rent, Class A
|
|
29,093
|
1,009,236
|
|
EPR Properties
|
|
10,773
|
592,946
|
|
Essential Properties Realty Trust, Inc.
|
|
27,318
|
832,926
|
|
Invitation Homes, Inc.
|
|
32,742
|
1,003,542
|
|
Medical Properties Trust, Inc.(b)
|
|
186,112
|
766,781
|
|
Mid-America Apartment Communities, Inc.
|
|
7,087
|
1,009,401
|
|
NETSTREIT Corp.(b)
|
|
13,498
|
246,069
|
|
Ventas, Inc.
|
|
16,865
|
1,132,991
|
|
W.P. Carey, Inc.(b)
|
|
17,493
|
1,122,351
|
|
|
|
|
7,716,243
|
|
Utilities-1.59%
|
|||
|
Cia Energetica de Minas Gerais, ADR (Brazil)
|
|
574,528
|
1,039,896
|
|
Suburban Propane Partners L.P.
|
|
40,211
|
757,173
|
|
|
|
|
1,797,069
|
|
Total Common Stocks & Other Equity Interests
(Cost $80,513,393)
|
90,348,739
|
||
|
|
|||
|
Closed-End Funds-10.00%
|
|||
|
abrdn Income Credit Strategies Fund(b)
|
|
135,873
|
808,444
|
|
Allspring Income Opportunities Fund
|
|
46,379
|
326,972
|
|
Barings Global Short Duration High Yield
Fund
|
|
23,973
|
376,857
|
|
Blackstone Strategic Credit 2027 Term
Fund(b)
|
|
39,645
|
491,994
|
|
DoubleLine Yield Opportunities Fund(b)
|
|
30,552
|
470,195
|
|
Flaherty & Crumrine Preferred & Income
Securities Fund, Inc.
|
|
20,992
|
343,009
|
|
FS Credit Opportunities Corp.(b)
|
|
172,473
|
1,284,924
|
|
Morgan Stanley Emerging Markets Domestic
Debt Fund, Inc.
|
|
47,933
|
244,938
|
|
Nuveen Credit Strategies Income Fund
|
|
232,235
|
1,284,259
|
|
Nuveen Floating Rate Income Fund
|
|
114,108
|
972,200
|
|
Nuveen Preferred & Income Opportunities
Fund(b)
|
|
154,270
|
1,244,959
|
|
Nuveen Taxable Municipal Income Fund
|
|
10,978
|
172,355
|
|
PGIM High Yield Bond Fund, Inc.
|
|
20,572
|
295,002
|
|
Saba Capital Income & Opportunities Fund
|
|
29,143
|
245,093
|
|
Tortoise Energy Infrastructure Corp.
|
|
15,947
|
691,143
|
|
Western Asset Diversified Income Fund(b)
|
|
41,223
|
615,047
|
|
Western Asset Emerging Markets Debt Fund,
Inc.
|
|
39,296
|
397,282
|
|
Western Asset High Income Fund II, Inc.
|
|
70,795
|
300,171
|
|
Western Asset High Income Opportunity
Fund, Inc.
|
|
69,082
|
273,565
|
|
|
Shares
|
Value
|
|
|
|
|||
|
Western Asset Inflation-Linked Opportunities
& Income Fund
|
|
54,658
|
$479,351
|
|
Total Closed-End Funds
(Cost $10,835,658)
|
11,317,760
|
||
|
Preferred Stocks-9.97%
|
|||
|
Communication Services-1.10%
|
|||
|
AT&T, Inc., Series C, Pfd., 4.75%
|
|
63,734
|
1,242,813
|
|
Financials-8.87%
|
|||
|
Bank of America Corp., Series QQ, Pfd.,
4.25%
|
|
71,895
|
1,268,228
|
|
Citizens Financial Group, Inc., Pfd., 7.38%
|
|
13,241
|
350,489
|
|
JPMorgan Chase & Co., Series JJ, Pfd.,
4.55%(b)
|
|
64,480
|
1,247,688
|
|
JPMorgan Chase & Co., Series LL, Pfd.,
4.63%
|
|
63,230
|
1,246,263
|
|
M&T Bank Corp., Series J, Pfd., 7.50%
|
|
24,936
|
674,020
|
|
Morgan Stanley, Series K, Pfd., 5.85%
|
|
43,084
|
1,026,261
|
|
Morgan Stanley, Series P, Pfd., 6.50%
|
|
23,806
|
609,434
|
|
Regions Financial Corp., Pfd., 6.95%(c)
|
|
24,625
|
628,430
|
|
Wells Fargo & Co., Series Z, Pfd., 4.75%
|
|
64,108
|
1,236,002
|
|
Wells Fargo & Co., Series AA, Pfd., 4.70%
|
|
47,553
|
908,738
|
|
Wells Fargo & Co., Series CC, Pfd., 4.38%
|
|
46,837
|
840,724
|
|
|
|
|
10,036,277
|
|
Total Preferred Stocks
(Cost $11,527,508)
|
11,279,090
|
||
|
Money Market Funds-0.08%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 4.25%(d)(e)
(Cost $89,174)
|
|
89,174
|
89,174
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.90%
(Cost $102,965,733)
|
113,034,763
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-13.29%
|
|||
|
Invesco Private Government Fund,
4.32%(d)(e)(f)
|
|
4,176,579
|
4,176,579
|
|
Invesco Private Prime Fund, 4.46%(d)(e)(f)
|
|
10,856,543
|
10,858,714
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $15,035,313)
|
15,035,293
|
||
|
TOTAL INVESTMENTS IN SECURITIES-113.19%
(Cost $118,001,046)
|
128,070,056
|
||
|
OTHER ASSETS LESS LIABILITIES-(13.19)%
|
(14,923,345
)
|
||
|
NET ASSETS-100.00%
|
$113,146,711
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Pfd.
|
-Preferred
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2025.
|
|
(c)
|
Security issued at a fixed rate for a specific period of time, after which it will
convert to a variable rate.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2025.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2025
|
Dividend Income
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$41,902
|
$1,863,598
|
$(1,816,326
)
|
$-
|
$-
|
$89,174
|
$1,231
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
5,331,054
|
13,879,819
|
(15,034,294
)
|
-
|
-
|
4,176,579
|
48,529
*
|
|
Invesco Private Prime Fund
|
13,870,132
|
28,155,634
|
(31,167,032
)
|
737
|
(757
)
|
10,858,714
|
133,025
*
|
|
Total
|
$19,243,088
|
$43,899,051
|
$(48,017,652
)
|
$737
|
$(757
)
|
$15,124,467
|
$182,785
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2025.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco Large Cap Growth ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,235,610,577
|
$-
|
$-
|
$1,235,610,577
|
|
Money Market Funds
|
943,994
|
4,521,204
|
-
|
5,465,198
|
|
Total Investments
|
$1,236,554,571
|
$4,521,204
|
$-
|
$1,241,075,775
|
|
Invesco Large Cap Value ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,124,284,728
|
$-
|
$-
|
$1,124,284,728
|
|
Money Market Funds
|
1,047,158
|
1,559,782
|
-
|
2,606,940
|
|
Total Investments
|
$1,125,331,886
|
$1,559,782
|
$-
|
$1,126,891,668
|
|
Invesco S&P 100 Equal Weight ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,571,618,582
|
$-
|
$-
|
$1,571,618,582
|
|
Money Market Funds
|
463,644
|
10,496,671
|
-
|
10,960,315
|
|
Total Investments
|
$1,572,082,226
|
$10,496,671
|
$-
|
$1,582,578,897
|
|
Invesco S&P 500 GARP ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,735,351,562
|
$-
|
$-
|
$2,735,351,562
|
|
Money Market Funds
|
1,616,361
|
122,303,699
|
-
|
123,920,060
|
|
Total Investments
|
$2,736,967,923
|
$122,303,699
|
$-
|
$2,859,271,622
|
|
Invesco S&P 500 Value with Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$62,909,249
|
$-
|
$-
|
$62,909,249
|
|
Money Market Funds
|
74,409
|
5,249,898
|
-
|
5,324,307
|
|
Total Investments
|
$62,983,658
|
$5,249,898
|
$-
|
$68,233,556
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P MidCap Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$4,179,518,679
|
$-
|
$-
|
$4,179,518,679
|
|
Money Market Funds
|
2,461,053
|
213,425,249
|
-
|
215,886,302
|
|
Total Investments
|
$4,181,979,732
|
$213,425,249
|
$-
|
$4,395,404,981
|
|
Invesco S&P MidCap Quality ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$4,859,422,929
|
$-
|
$-
|
$4,859,422,929
|
|
Money Market Funds
|
5,102,365
|
627,155,668
|
-
|
632,258,033
|
|
Total Investments
|
$4,864,525,294
|
$627,155,668
|
$-
|
$5,491,680,962
|
|
Invesco S&P MidCap Value with Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$263,539,002
|
$-
|
$-
|
$263,539,002
|
|
Money Market Funds
|
270,939
|
47,908,335
|
-
|
48,179,274
|
|
Total Investments
|
$263,809,941
|
$47,908,335
|
$-
|
$311,718,276
|
|
Invesco S&P SmallCap Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,736,659,199
|
$-
|
$-
|
$1,736,659,199
|
|
Money Market Funds
|
1,939,990
|
217,841,099
|
-
|
219,781,089
|
|
Total Investments
|
$1,738,599,189
|
$217,841,099
|
$-
|
$1,956,440,288
|
|
Invesco S&P SmallCap Value with Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$551,929,635
|
$-
|
$-
|
$551,929,635
|
|
Money Market Funds
|
634,426
|
48,515,433
|
-
|
49,149,859
|
|
Total Investments
|
$552,564,061
|
$48,515,433
|
$-
|
$601,079,494
|
|
Invesco Zacks Mid-Cap ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$179,651,019
|
$-
|
$-
|
$179,651,019
|
|
Money Market Funds
|
234,926
|
8,993,088
|
-
|
9,228,014
|
|
Total Investments
|
$179,885,945
|
$8,993,088
|
$-
|
$188,879,033
|
|
Invesco Zacks Multi-Asset Income ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$90,348,739
|
$-
|
$-
|
$90,348,739
|
|
Closed-End Funds
|
11,317,760
|
-
|
-
|
11,317,760
|
|
Preferred Stocks
|
11,279,090
|
-
|
-
|
11,279,090
|
|
Money Market Funds
|
89,174
|
15,035,293
|
-
|
15,124,467
|
|
Total Investments
|
$113,034,763
|
$15,035,293
|
$-
|
$128,070,056
|