|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.78%
|
|||
|
Communication Services-3.85%
|
|||
|
Alphabet, Inc., Class A
|
|
275,474
|
$93,110,212
|
|
Alphabet, Inc., Class C
|
|
219,722
|
74,382,488
|
|
AT&T, Inc.
|
|
6,507,213
|
170,554,053
|
|
Charter Communications, Inc.,
Class A(b)(c)
|
|
743,982
|
153,349,570
|
|
Comcast Corp., Class A
|
|
6,095,221
|
181,332,825
|
|
Electronic Arts, Inc.
|
|
780,041
|
159,065,961
|
|
Fox Corp., Class A(c)
|
|
1,356,987
|
98,761,514
|
|
Fox Corp., Class B
|
|
966,893
|
63,399,174
|
|
Live Nation Entertainment, Inc.(b)(c)
|
|
1,143,693
|
166,350,147
|
|
Match Group, Inc.(c)
|
|
4,694,875
|
146,245,356
|
|
Meta Platforms, Inc., Class A
|
|
244,246
|
175,002,259
|
|
Netflix, Inc.(b)
|
|
1,710,897
|
142,842,790
|
|
News Corp., Class A
|
|
4,427,131
|
119,665,351
|
|
News Corp., Class B(c)
|
|
1,457,928
|
45,341,561
|
|
Omnicom Group, Inc.(c)
|
|
2,050,369
|
157,960,428
|
|
Paramount Skydance Corp.(c)
|
|
10,777,990
|
120,821,268
|
|
Take-Two Interactive Software, Inc.(b)
|
|
645,413
|
142,184,484
|
|
TKO Group Holdings, Inc.(c)
|
|
806,353
|
163,350,991
|
|
T-Mobile US, Inc.
|
|
812,612
|
160,255,212
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
4,046,990
|
122,745,207
|
|
Verizon Communications, Inc.(c)
|
|
3,974,746
|
176,955,692
|
|
Walt Disney Co. (The)
|
|
1,457,605
|
164,417,844
|
|
Warner Bros. Discovery, Inc.(b)
|
|
5,374,815
|
148,022,405
|
|
|
|
|
3,146,116,792
|
|
Consumer Discretionary-9.51%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
1,243,731
|
160,901,479
|
|
Amazon.com, Inc.(b)
|
|
685,095
|
163,943,233
|
|
Aptiv PLC(b)
|
|
2,020,381
|
153,043,861
|
|
AutoZone, Inc.(b)
|
|
46,386
|
171,827,196
|
|
Best Buy Co., Inc.(c)
|
|
2,141,576
|
139,416,598
|
|
Booking Holdings, Inc.
|
|
29,969
|
149,900,143
|
|
Carnival Corp.(b)
|
|
6,038,046
|
181,262,141
|
|
Carvana Co.(b)(c)
|
|
339,172
|
136,045,281
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
4,675,219
|
181,725,763
|
|
D.R. Horton, Inc.
|
|
1,022,466
|
152,183,839
|
|
Darden Restaurants, Inc.(c)
|
|
885,669
|
176,558,115
|
|
Deckers Outdoor Corp.(b)
|
|
1,575,440
|
188,013,010
|
|
Domino’s Pizza, Inc.
|
|
378,746
|
155,410,846
|
|
DoorDash, Inc., Class A(b)
|
|
720,038
|
147,334,176
|
|
eBay, Inc.
|
|
1,921,429
|
175,272,753
|
|
Expedia Group, Inc.
|
|
578,976
|
153,336,004
|
|
Ford Motor Co.(c)
|
|
11,834,561
|
164,263,707
|
|
Garmin Ltd.
|
|
754,539
|
152,145,244
|
|
General Motors Co.
|
|
1,964,759
|
165,039,756
|
|
Genuine Parts Co.(c)
|
|
1,208,670
|
167,993,043
|
|
Hasbro, Inc.
|
|
1,931,877
|
172,535,935
|
|
Hilton Worldwide Holdings, Inc.
|
|
584,782
|
174,563,275
|
|
Home Depot, Inc. (The)
|
|
452,088
|
169,347,644
|
|
Las Vegas Sands Corp.
|
|
2,388,065
|
125,922,667
|
|
Lennar Corp., Class A
|
|
1,322,339
|
144,597,770
|
|
Lowe’s Cos., Inc.(c)
|
|
644,962
|
172,243,552
|
|
lululemon athletica, Inc.(b)
|
|
845,495
|
147,538,877
|
|
Marriott International, Inc., Class A
|
|
552,725
|
174,274,192
|
|
McDonald’s Corp.
|
|
510,758
|
160,888,770
|
|
MGM Resorts International(b)(c)
|
|
4,265,339
|
143,059,470
|
|
NIKE, Inc., Class B
|
|
2,411,355
|
149,045,853
|
|
Norwegian Cruise Line Holdings
Ltd.(b)(c)
|
|
8,248,405
|
181,134,974
|
|
NVR, Inc.(b)
|
|
20,897
|
159,563,850
|
|
O’Reilly Automotive, Inc.(b)
|
|
1,695,164
|
166,821,089
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Pool Corp.(c)
|
|
659,775
|
$167,642,230
|
|
PulteGroup, Inc.
|
|
1,240,941
|
155,229,310
|
|
Ralph Lauren Corp.
|
|
443,896
|
156,877,285
|
|
Ross Stores, Inc.
|
|
872,551
|
164,606,746
|
|
Royal Caribbean Cruises Ltd.(c)
|
|
609,879
|
197,997,217
|
|
Starbucks Corp.
|
|
1,892,848
|
174,047,374
|
|
Tapestry, Inc.
|
|
1,348,545
|
171,143,846
|
|
Tesla, Inc.(b)
|
|
352,071
|
151,534,879
|
|
TJX Cos., Inc. (The)
|
|
1,019,921
|
152,794,365
|
|
Tractor Supply Co.(c)
|
|
3,002,992
|
152,792,233
|
|
Ulta Beauty, Inc.(b)
|
|
263,853
|
170,807,878
|
|
Williams-Sonoma, Inc.(c)
|
|
848,571
|
173,660,055
|
|
Wynn Resorts Ltd.(c)
|
|
1,283,742
|
137,938,078
|
|
Yum! Brands, Inc.
|
|
1,103,372
|
171,574,346
|
|
|
|
|
7,775,799,948
|
|
Consumer Staples-7.37%
|
|||
|
Altria Group, Inc.(c)
|
|
2,703,038
|
167,561,326
|
|
Archer-Daniels-Midland Co.
|
|
2,726,139
|
183,496,416
|
|
Brown-Forman Corp., Class B(c)
|
|
5,223,515
|
142,967,606
|
|
Bunge Global S.A.
|
|
1,734,323
|
197,504,703
|
|
Campbell’s Co. (The)(c)
|
|
5,630,665
|
157,546,007
|
|
Church & Dwight Co., Inc.
|
|
1,904,595
|
183,317,269
|
|
Clorox Co. (The)(c)
|
|
1,547,049
|
174,491,657
|
|
Coca-Cola Co. (The)
|
|
2,260,945
|
169,141,295
|
|
Colgate-Palmolive Co.
|
|
2,040,037
|
184,194,941
|
|
Conagra Brands, Inc.(c)
|
|
9,098,608
|
168,415,234
|
|
Constellation Brands, Inc., Class A(c)
|
|
1,068,767
|
167,475,789
|
|
Costco Wholesale Corp.
|
|
181,456
|
170,614,004
|
|
Dollar General Corp.
|
|
1,261,378
|
180,919,447
|
|
Dollar Tree, Inc.(b)
|
|
1,277,410
|
150,210,642
|
|
Estee Lauder Cos., Inc. (The),
Class A(c)
|
|
1,479,693
|
170,579,009
|
|
General Mills, Inc.(c)
|
|
3,471,553
|
160,594,042
|
|
Hershey Co. (The)(c)
|
|
881,155
|
171,604,936
|
|
Hormel Foods Corp.
|
|
6,684,735
|
164,511,328
|
|
J.M. Smucker Co. (The)
|
|
1,592,782
|
167,019,120
|
|
Kenvue, Inc.
|
|
9,162,479
|
159,427,135
|
|
Keurig Dr Pepper, Inc.
|
|
5,374,815
|
147,484,924
|
|
Kimberly-Clark Corp.(c)
|
|
1,538,139
|
153,798,519
|
|
Kraft Heinz Co. (The)(c)
|
|
6,517,376
|
154,722,506
|
|
Kroger Co. (The)(c)
|
|
2,591,722
|
162,889,728
|
|
Lamb Weston Holdings, Inc.
|
|
2,690,965
|
123,596,022
|
|
McCormick & Co., Inc.
|
|
2,468,013
|
152,597,244
|
|
Molson Coors Beverage Co., Class B(c)
|
|
3,387,157
|
162,719,022
|
|
Mondelez International, Inc., Class A
|
|
2,944,166
|
172,145,386
|
|
Monster Beverage Corp.(b)
|
|
2,148,478
|
173,511,083
|
|
PepsiCo, Inc.
|
|
1,060,632
|
162,944,894
|
|
Philip Morris International, Inc.
|
|
1,060,158
|
190,234,751
|
|
Procter & Gamble Co. (The)
|
|
1,134,705
|
172,214,178
|
|
Sysco Corp.
|
|
2,156,588
|
180,829,904
|
|
Target Corp.
|
|
1,677,809
|
176,958,515
|
|
Tyson Foods, Inc., Class A
|
|
2,752,334
|
179,809,980
|
|
Walmart, Inc.
|
|
1,402,187
|
167,056,559
|
|
|
|
|
6,025,105,121
|
|
Energy-4.61%
|
|||
|
APA Corp.
|
|
6,030,475
|
159,264,845
|
|
Baker Hughes Co., Class A
|
|
3,303,308
|
185,117,380
|
|
Chevron Corp.
|
|
1,047,914
|
185,376,053
|
|
ConocoPhillips
|
|
1,639,890
|
170,925,735
|
|
Coterra Energy, Inc.
|
|
5,872,679
|
169,426,789
|
|
Devon Energy Corp.
|
|
4,131,400
|
166,123,594
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
Diamondback Energy, Inc.(c)
|
|
990,305
|
$162,360,505
|
|
EOG Resources, Inc.
|
|
1,423,273
|
159,591,601
|
|
EQT Corp.
|
|
2,772,316
|
160,045,803
|
|
Expand Energy Corp.
|
|
1,360,272
|
152,908,176
|
|
Exxon Mobil Corp.
|
|
1,327,250
|
187,673,150
|
|
Halliburton Co.
|
|
5,463,966
|
183,152,140
|
|
Kinder Morgan, Inc.
|
|
5,968,953
|
181,993,377
|
|
Marathon Petroleum Corp.
|
|
829,615
|
146,169,867
|
|
Occidental Petroleum Corp.(c)
|
|
3,800,888
|
172,522,306
|
|
ONEOK, Inc.(c)
|
|
2,150,709
|
170,314,646
|
|
Phillips 66
|
|
1,103,959
|
158,484,354
|
|
SLB Ltd.
|
|
3,973,793
|
192,252,105
|
|
Targa Resources Corp.
|
|
864,989
|
173,845,489
|
|
Texas Pacific Land Corp.(c)
|
|
533,558
|
185,870,265
|
|
Valero Energy Corp.
|
|
901,997
|
163,649,316
|
|
Williams Cos., Inc. (The)
|
|
2,623,897
|
176,483,312
|
|
|
|
|
3,763,550,808
|
|
Financials-14.75%
|
|||
|
Aflac, Inc.
|
|
1,480,720
|
164,285,884
|
|
Allstate Corp. (The)
|
|
788,582
|
156,919,932
|
|
American Express Co.
|
|
422,385
|
148,751,325
|
|
American International Group, Inc.
|
|
1,956,514
|
146,503,768
|
|
Ameriprise Financial, Inc.
|
|
319,466
|
168,419,281
|
|
Aon PLC, Class A
|
|
466,461
|
163,093,424
|
|
Apollo Global Management, Inc.(c)
|
|
1,064,854
|
143,265,457
|
|
Arch Capital Group Ltd.(b)(c)
|
|
1,729,437
|
166,095,129
|
|
Ares Management Corp., Class A(c)
|
|
890,508
|
133,282,332
|
|
Arthur J. Gallagher & Co.(c)
|
|
660,004
|
164,585,197
|
|
Assurant, Inc.
|
|
711,332
|
169,389,489
|
|
Bank of America Corp.
|
|
2,934,259
|
156,102,579
|
|
Bank of New York Mellon Corp. (The)
|
|
1,340,324
|
160,731,654
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
323,720
|
155,557,172
|
|
BlackRock, Inc.
|
|
146,343
|
163,749,036
|
|
Blackstone, Inc., Class A
|
|
1,014,154
|
144,435,813
|
|
Block, Inc., Class A(b)
|
|
2,507,845
|
151,549,073
|
|
Brown & Brown, Inc.
|
|
2,048,185
|
147,674,139
|
|
Capital One Financial Corp.
|
|
667,154
|
146,060,025
|
|
Cboe Global Markets, Inc.
|
|
636,856
|
168,805,051
|
|
Charles Schwab Corp. (The)
|
|
1,656,111
|
172,103,055
|
|
Chubb Ltd.
|
|
535,212
|
165,680,227
|
|
Cincinnati Financial Corp.
|
|
976,481
|
157,106,028
|
|
Citigroup, Inc.
|
|
1,429,198
|
165,372,501
|
|
Citizens Financial Group, Inc.
|
|
2,714,975
|
170,989,125
|
|
CME Group, Inc., Class A
|
|
595,532
|
172,144,480
|
|
Coinbase Global, Inc., Class A(b)(c)
|
|
576,920
|
112,349,401
|
|
Corpay, Inc.(b)(c)
|
|
509,093
|
160,175,931
|
|
Erie Indemnity Co., Class A(c)
|
|
577,101
|
163,325,354
|
|
Everest Group Ltd.(c)
|
|
502,949
|
166,616,945
|
|
FactSet Research Systems, Inc.
|
|
550,402
|
140,000,253
|
|
Fidelity National Information Services,
Inc.
|
|
2,383,516
|
131,689,259
|
|
Fifth Third Bancorp(c)
|
|
3,337,655
|
167,617,034
|
|
Fiserv, Inc.(b)
|
|
2,384,564
|
151,968,264
|
|
Franklin Resources, Inc.
|
|
6,808,069
|
181,230,797
|
|
Global Payments, Inc.
|
|
1,975,799
|
141,743,820
|
|
Globe Life, Inc.(c)
|
|
1,176,020
|
164,901,524
|
|
Goldman Sachs Group, Inc. (The)
|
|
178,407
|
166,883,692
|
|
Hartford Insurance Group, Inc. (The)
|
|
1,219,383
|
164,689,868
|
|
Huntington Bancshares, Inc.(c)
|
|
9,037,311
|
157,972,196
|
|
Interactive Brokers Group, Inc.,
Class A
|
|
2,381,075
|
178,294,896
|
|
Intercontinental Exchange, Inc.
|
|
989,533
|
171,961,045
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Invesco Ltd.(d)
|
|
5,893,225
|
$160,826,110
|
|
Jack Henry & Associates, Inc.
|
|
858,540
|
153,858,953
|
|
JPMorgan Chase & Co.
|
|
512,779
|
156,853,968
|
|
KeyCorp
|
|
7,732,967
|
166,413,450
|
|
KKR & Co., Inc., Class A
|
|
1,121,245
|
128,113,454
|
|
Loews Corp.
|
|
1,545,749
|
163,184,722
|
|
M&T Bank Corp.(c)
|
|
775,994
|
171,936,991
|
|
Marsh & McLennan Cos., Inc.
|
|
876,662
|
164,979,022
|
|
Mastercard, Inc., Class A
|
|
294,421
|
158,631,091
|
|
MetLife, Inc.
|
|
1,987,850
|
156,801,608
|
|
Moody’s Corp.
|
|
330,601
|
170,444,652
|
|
Morgan Stanley
|
|
883,129
|
161,435,981
|
|
MSCI, Inc.
|
|
294,779
|
179,585,262
|
|
Nasdaq, Inc.
|
|
1,726,734
|
167,303,257
|
|
Northern Trust Corp.
|
|
1,153,560
|
172,376,471
|
|
PayPal Holdings, Inc.
|
|
2,595,364
|
136,749,729
|
|
PNC Financial Services Group, Inc.
(The)
|
|
767,153
|
171,305,265
|
|
Principal Financial Group, Inc.
|
|
1,759,449
|
166,655,009
|
|
Progressive Corp. (The)
|
|
711,790
|
148,052,320
|
|
Prudential Financial, Inc.
|
|
1,381,951
|
153,548,576
|
|
Raymond James Financial, Inc.
|
|
950,549
|
157,658,057
|
|
Regions Financial Corp.
|
|
5,795,230
|
165,164,055
|
|
Robinhood Markets, Inc., Class A(b)
|
|
1,169,674
|
116,359,170
|
|
S&P Global, Inc.
|
|
323,159
|
170,560,089
|
|
State Street Corp.
|
|
1,231,361
|
161,135,900
|
|
Synchrony Financial
|
|
1,876,093
|
136,260,635
|
|
T. Rowe Price Group, Inc.(c)
|
|
1,532,163
|
161,918,986
|
|
Travelers Cos., Inc. (The)
|
|
570,145
|
162,211,954
|
|
Truist Financial Corp.
|
|
3,202,863
|
164,691,215
|
|
U.S. Bancorp
|
|
2,963,291
|
166,270,258
|
|
Visa, Inc., Class A(c)
|
|
487,284
|
156,822,610
|
|
W.R. Berkley Corp.(c)
|
|
2,348,090
|
161,032,012
|
|
Wells Fargo & Co.
|
|
1,749,157
|
158,281,217
|
|
Willis Towers Watson PLC
|
|
503,681
|
159,903,607
|
|
|
|
|
12,051,397,111
|
|
Health Care-11.85%
|
|||
|
Abbott Laboratories
|
|
1,294,277
|
141,464,476
|
|
AbbVie, Inc.
|
|
704,612
|
157,135,522
|
|
Agilent Technologies, Inc.
|
|
1,106,463
|
148,100,073
|
|
Align Technology, Inc.(b)
|
|
964,059
|
157,170,539
|
|
Amgen, Inc.
|
|
503,089
|
171,996,067
|
|
Baxter International, Inc.(c)
|
|
8,689,440
|
174,397,061
|
|
Becton, Dickinson and Co.
|
|
799,642
|
162,711,154
|
|
Biogen, Inc.(b)
|
|
894,402
|
160,893,976
|
|
Bio-Techne Corp.(c)
|
|
2,608,447
|
167,175,368
|
|
Boston Scientific Corp.(b)
|
|
1,711,074
|
160,036,751
|
|
Bristol-Myers Squibb Co.
|
|
3,098,743
|
170,585,802
|
|
Cardinal Health, Inc.
|
|
800,390
|
171,987,803
|
|
Cencora, Inc.
|
|
465,472
|
167,206,852
|
|
Centene Corp.(b)
|
|
4,103,048
|
177,744,039
|
|
Charles River Laboratories
International, Inc.(b)
|
|
814,909
|
171,522,046
|
|
Cigna Group (The)
|
|
604,681
|
165,749,109
|
|
Cooper Cos., Inc. (The)(b)
|
|
1,966,157
|
160,005,857
|
|
CVS Health Corp.
|
|
2,010,093
|
149,792,130
|
|
Danaher Corp.
|
|
688,963
|
150,807,111
|
|
DaVita, Inc.(b)(c)
|
|
1,336,462
|
146,128,755
|
|
Dexcom, Inc.(b)
|
|
2,349,472
|
171,605,435
|
|
Edwards Lifesciences Corp.(b)
|
|
1,891,336
|
153,879,097
|
|
Elevance Health, Inc.
|
|
465,139
|
160,817,158
|
|
Eli Lilly and Co.
|
|
159,868
|
165,807,096
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
GE HealthCare Technologies, Inc.
|
|
1,877,795
|
$148,289,471
|
|
Gilead Sciences, Inc.
|
|
1,308,392
|
185,726,244
|
|
HCA Healthcare, Inc.
|
|
338,424
|
165,242,287
|
|
Henry Schein, Inc.(b)(c)
|
|
2,092,110
|
157,912,463
|
|
Hologic, Inc.(b)
|
|
2,120,058
|
158,855,946
|
|
Humana, Inc.(c)
|
|
618,338
|
120,699,578
|
|
IDEXX Laboratories, Inc.(b)
|
|
225,870
|
151,436,800
|
|
Incyte Corp.(b)
|
|
1,666,778
|
166,794,475
|
|
Insulet Corp.(b)
|
|
537,677
|
137,543,153
|
|
Intuitive Surgical, Inc.(b)
|
|
285,609
|
144,009,770
|
|
IQVIA Holdings, Inc.(b)
|
|
711,776
|
163,815,246
|
|
Johnson & Johnson
|
|
768,681
|
174,682,757
|
|
Labcorp Holdings, Inc.
|
|
606,028
|
164,548,723
|
|
McKesson Corp.
|
|
195,477
|
162,482,437
|
|
Medtronic PLC
|
|
1,574,960
|
162,157,882
|
|
Merck & Co., Inc.
|
|
1,624,952
|
179,183,457
|
|
Mettler-Toledo International, Inc.(b)
|
|
112,932
|
155,082,740
|
|
Moderna, Inc.(b)(c)
|
|
5,465,768
|
240,876,396
|
|
Molina Healthcare, Inc.(b)
|
|
988,707
|
177,561,890
|
|
Pfizer, Inc.
|
|
6,156,734
|
162,784,047
|
|
Quest Diagnostics, Inc.(c)
|
|
883,790
|
165,295,244
|
|
Regeneron Pharmaceuticals, Inc.
|
|
218,271
|
161,837,033
|
|
ResMed, Inc.(c)
|
|
630,822
|
162,947,631
|
|
Revvity, Inc.(c)
|
|
1,533,274
|
166,820,211
|
|
Solventum Corp.(b)
|
|
1,938,079
|
149,173,941
|
|
STERIS PLC
|
|
613,352
|
161,066,235
|
|
Stryker Corp.
|
|
448,773
|
165,848,550
|
|
Thermo Fisher Scientific, Inc.
|
|
276,820
|
160,170,820
|
|
UnitedHealth Group, Inc.
|
|
483,569
|
138,750,453
|
|
Universal Health Services, Inc.,
Class B
|
|
711,668
|
143,230,302
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
357,247
|
167,870,365
|
|
Viatris, Inc.
|
|
13,679,708
|
179,067,378
|
|
Waters Corp.(b)
|
|
401,090
|
148,692,085
|
|
West Pharmaceutical Services, Inc.
|
|
594,159
|
137,322,028
|
|
Zimmer Biomet Holdings, Inc.(c)
|
|
1,704,206
|
148,385,216
|
|
Zoetis, Inc.
|
|
1,344,759
|
167,852,818
|
|
|
|
|
9,688,735,349
|
|
Industrials-16.34%
|
|||
|
3M Co.(c)
|
|
957,583
|
146,663,412
|
|
A.O. Smith Corp.
|
|
2,337,321
|
171,769,720
|
|
Allegion PLC
|
|
990,005
|
163,736,927
|
|
AMETEK, Inc.
|
|
790,577
|
177,073,436
|
|
Automatic Data Processing, Inc.
|
|
612,219
|
151,107,894
|
|
Axon Enterprise, Inc.(b)
|
|
279,489
|
135,155,291
|
|
Boeing Co. (The)(b)
|
|
798,386
|
186,598,776
|
|
Broadridge Financial Solutions, Inc.
|
|
699,558
|
137,889,877
|
|
Builders FirstSource, Inc.(b)(c)
|
|
1,448,391
|
165,695,930
|
|
C.H. Robinson Worldwide, Inc.
|
|
1,001,740
|
195,289,213
|
|
Carrier Global Corp.(c)
|
|
2,971,793
|
177,059,427
|
|
Caterpillar, Inc.
|
|
257,693
|
169,397,070
|
|
Cintas Corp.
|
|
855,794
|
163,790,414
|
|
Comfort Systems USA, Inc.
|
|
155,349
|
177,424,093
|
|
Copart, Inc.(b)
|
|
4,050,013
|
164,349,528
|
|
CSX Corp.
|
|
4,279,772
|
161,604,191
|
|
Cummins, Inc.
|
|
302,273
|
174,961,658
|
|
Dayforce, Inc.(b)
|
|
2,295,759
|
159,027,226
|
|
Deere & Co.
|
|
338,304
|
178,624,512
|
|
Delta Air Lines, Inc.
|
|
2,269,356
|
149,527,867
|
|
Dover Corp.
|
|
811,167
|
163,442,039
|
|
Eaton Corp. PLC
|
|
449,198
|
157,857,161
|
|
EMCOR Group, Inc.
|
|
253,008
|
182,350,456
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Emerson Electric Co.(c)
|
|
1,158,155
|
$170,202,459
|
|
Equifax, Inc.(c)
|
|
737,724
|
148,577,614
|
|
Expeditors International of
Washington, Inc.
|
|
1,048,320
|
168,297,293
|
|
Fastenal Co.
|
|
3,877,310
|
168,120,162
|
|
FedEx Corp.
|
|
558,761
|
180,060,732
|
|
Fortive Corp.(c)
|
|
2,895,589
|
152,916,055
|
|
GE Vernova, Inc.
|
|
219,218
|
159,233,379
|
|
Generac Holdings, Inc.(b)(c)
|
|
952,816
|
160,111,201
|
|
General Dynamics Corp.
|
|
463,559
|
162,750,929
|
|
General Electric Co.
|
|
560,099
|
171,832,772
|
|
Honeywell International, Inc.
|
|
826,239
|
187,985,897
|
|
Howmet Aerospace, Inc.
|
|
824,881
|
171,641,238
|
|
Hubbell, Inc.(c)
|
|
354,494
|
172,971,802
|
|
Huntington Ingalls Industries, Inc.
|
|
491,277
|
206,586,891
|
|
IDEX Corp.
|
|
899,445
|
178,584,805
|
|
Illinois Tool Works, Inc.(c)
|
|
625,648
|
163,456,796
|
|
Ingersoll Rand, Inc.(c)
|
|
1,958,828
|
168,635,503
|
|
J.B. Hunt Transport Services, Inc.
|
|
800,707
|
162,319,323
|
|
Jacobs Solutions, Inc.
|
|
1,173,134
|
158,678,105
|
|
Johnson Controls International PLC
|
|
1,369,945
|
163,379,641
|
|
L3Harris Technologies, Inc.
|
|
554,650
|
190,161,752
|
|
Leidos Holdings, Inc.
|
|
842,471
|
158,620,440
|
|
Lennox International, Inc.
|
|
314,174
|
155,541,264
|
|
Lockheed Martin Corp.
|
|
338,981
|
214,988,530
|
|
Masco Corp.(c)
|
|
2,502,168
|
165,368,283
|
|
Nordson Corp.
|
|
671,380
|
184,313,951
|
|
Norfolk Southern Corp.
|
|
539,182
|
157,031,366
|
|
Northrop Grumman Corp.
|
|
285,884
|
197,906,058
|
|
Old Dominion Freight Line, Inc.(c)
|
|
1,008,486
|
174,669,775
|
|
Otis Worldwide Corp.
|
|
1,806,998
|
154,353,769
|
|
PACCAR, Inc.
|
|
1,398,817
|
171,928,597
|
|
Parker-Hannifin Corp.
|
|
178,251
|
166,814,416
|
|
Paychex, Inc.(c)
|
|
1,406,071
|
145,008,102
|
|
Paycom Software, Inc.(c)
|
|
968,540
|
130,510,765
|
|
Pentair PLC
|
|
1,508,674
|
158,968,979
|
|
Quanta Services, Inc.(c)
|
|
343,085
|
162,838,434
|
|
Republic Services, Inc.
|
|
765,140
|
164,573,963
|
|
Rockwell Automation, Inc.
|
|
386,543
|
162,985,856
|
|
Rollins, Inc.
|
|
2,699,514
|
170,987,217
|
|
RTX Corp.
|
|
908,265
|
182,497,686
|
|
Snap-on, Inc.
|
|
455,356
|
166,710,385
|
|
Southwest Airlines Co.(c)
|
|
3,983,348
|
189,288,697
|
|
Stanley Black & Decker, Inc.(c)
|
|
2,092,648
|
164,607,692
|
|
Textron, Inc.
|
|
1,864,476
|
164,185,757
|
|
Trane Technologies PLC
|
|
397,921
|
167,357,614
|
|
TransDigm Group, Inc.
|
|
121,823
|
173,907,205
|
|
Uber Technologies, Inc.(b)
|
|
1,886,297
|
150,998,075
|
|
Union Pacific Corp.(c)
|
|
673,774
|
158,404,267
|
|
United Airlines Holdings, Inc.(b)
|
|
1,473,481
|
150,766,576
|
|
United Parcel Service, Inc., Class B
|
|
1,593,390
|
169,249,886
|
|
United Rentals, Inc.
|
|
195,043
|
152,535,329
|
|
Veralto Corp.
|
|
1,622,883
|
160,632,959
|
|
Verisk Analytics, Inc.
|
|
740,045
|
160,930,186
|
|
W.W. Grainger, Inc.
|
|
159,513
|
172,264,469
|
|
Wabtec Corp.
|
|
736,432
|
169,482,460
|
|
Waste Management, Inc.
|
|
758,518
|
168,573,040
|
|
Xylem, Inc.
|
|
1,146,586
|
158,079,812
|
|
|
|
|
13,354,782,327
|
|
Information Technology-13.45%
|
|||
|
Accenture PLC, Class A
|
|
582,744
|
153,634,628
|
|
Adobe, Inc.(b)
|
|
462,373
|
135,590,882
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Advanced Micro Devices, Inc.(b)
|
|
716,483
|
$169,613,021
|
|
Akamai Technologies, Inc.(b)(c)
|
|
1,834,840
|
178,254,706
|
|
Amphenol Corp., Class A
|
|
1,144,798
|
164,942,496
|
|
Analog Devices, Inc.
|
|
563,961
|
175,324,196
|
|
Apple, Inc.
|
|
569,360
|
147,737,533
|
|
Applied Materials, Inc.
|
|
576,891
|
185,943,507
|
|
AppLovin Corp., Class A(b)
|
|
225,224
|
106,555,727
|
|
Arista Networks, Inc.(b)
|
|
1,198,871
|
169,927,976
|
|
Autodesk, Inc.(b)
|
|
528,901
|
133,743,196
|
|
Broadcom, Inc.
|
|
384,038
|
127,231,789
|
|
Cadence Design Systems, Inc.(b)
|
|
469,142
|
139,034,923
|
|
CDW Corp.
|
|
1,061,255
|
134,132,019
|
|
Cisco Systems, Inc.
|
|
1,977,962
|
154,913,984
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
1,906,567
|
156,452,888
|
|
Corning, Inc.
|
|
1,685,155
|
173,992,254
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
305,109
|
134,676,638
|
|
Datadog, Inc., Class A(b)
|
|
1,049,335
|
135,700,002
|
|
Dell Technologies, Inc., Class C(c)
|
|
1,128,326
|
129,125,627
|
|
EPAM Systems, Inc.(b)(c)
|
|
749,265
|
156,296,679
|
|
F5, Inc.(b)(c)
|
|
615,122
|
169,533,774
|
|
Fair Isaac Corp.(b)(c)
|
|
90,446
|
132,337,874
|
|
First Solar, Inc.(b)(c)
|
|
605,497
|
136,551,683
|
|
Fortinet, Inc.(b)
|
|
1,945,032
|
158,053,300
|
|
Gartner, Inc.(b)(c)
|
|
687,650
|
144,138,316
|
|
Gen Digital, Inc.
|
|
5,765,150
|
138,305,949
|
|
GoDaddy, Inc., Class A(b)
|
|
1,236,626
|
124,305,646
|
|
Hewlett Packard Enterprise Co.
|
|
6,280,665
|
135,159,911
|
|
HP, Inc.(c)
|
|
6,226,011
|
121,033,654
|
|
Intel Corp.(b)
|
|
3,891,925
|
180,857,755
|
|
International Business Machines Corp.
|
|
507,344
|
155,602,405
|
|
Intuit, Inc.
|
|
239,657
|
119,569,670
|
|
Jabil, Inc.
|
|
690,555
|
163,792,740
|
|
Keysight Technologies, Inc.(b)
|
|
745,690
|
161,315,118
|
|
KLA Corp.
|
|
128,013
|
182,794,883
|
|
Lam Research Corp.
|
|
943,408
|
220,248,032
|
|
Microchip Technology, Inc.
|
|
2,337,825
|
177,487,674
|
|
Micron Technology, Inc.
|
|
602,246
|
249,859,820
|
|
Microsoft Corp.
|
|
331,547
|
142,661,359
|
|
Monolithic Power Systems, Inc.(c)
|
|
162,151
|
182,282,047
|
|
Motorola Solutions, Inc.
|
|
427,769
|
172,194,133
|
|
NetApp, Inc.
|
|
1,329,256
|
128,073,816
|
|
NVIDIA Corp.
|
|
863,637
|
165,066,940
|
|
NXP Semiconductors N.V.
(Netherlands)
|
|
687,935
|
155,569,621
|
|
ON Semiconductor Corp.(b)(c)
|
|
2,880,491
|
172,512,606
|
|
Oracle Corp.
|
|
711,496
|
117,098,012
|
|
Palantir Technologies, Inc., Class A(b)
|
|
844,222
|
123,754,503
|
|
Palo Alto Networks, Inc.(b)(c)
|
|
822,650
|
145,584,370
|
|
PTC, Inc.(b)
|
|
903,700
|
141,094,681
|
|
Qnity Electronics, Inc.
|
|
1,841,688
|
177,133,552
|
|
QUALCOMM, Inc.
|
|
871,005
|
132,035,648
|
|
Roper Technologies, Inc.
|
|
358,976
|
133,262,660
|
|
Salesforce, Inc.
|
|
601,178
|
127,624,078
|
|
Sandisk Corp.(b)
|
|
682,129
|
393,076,836
|
|
Seagate Technology Holdings PLC
|
|
531,131
|
216,536,797
|
|
ServiceNow, Inc.(b)
|
|
929,159
|
108,720,895
|
|
Skyworks Solutions, Inc.(c)
|
|
2,305,819
|
128,572,467
|
|
Super Micro Computer, Inc.(b)(c)
|
|
4,547,805
|
132,386,604
|
|
Synopsys, Inc.(b)
|
|
333,369
|
155,054,922
|
|
TE Connectivity PLC (Switzerland)
|
|
650,477
|
144,913,266
|
|
Teledyne Technologies, Inc.(b)
|
|
307,038
|
190,455,671
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Teradyne, Inc.
|
|
778,176
|
$187,579,325
|
|
Texas Instruments, Inc.
|
|
873,241
|
188,227,098
|
|
Trimble, Inc.(b)
|
|
1,924,396
|
130,089,170
|
|
Tyler Technologies, Inc.(b)
|
|
347,812
|
128,481,753
|
|
VeriSign, Inc.
|
|
655,152
|
160,007,773
|
|
Western Digital Corp.
|
|
871,954
|
218,189,049
|
|
Workday, Inc., Class A(b)(c)
|
|
711,974
|
125,043,994
|
|
Zebra Technologies Corp., Class A(b)
|
|
584,878
|
137,434,632
|
|
|
|
|
10,994,491,153
|
|
Materials-5.63%
|
|||
|
Air Products and Chemicals, Inc.
|
|
670,301
|
182,657,022
|
|
Albemarle Corp.
|
|
1,191,545
|
203,313,323
|
|
Amcor PLC(c)
|
|
3,870,697
|
171,278,342
|
|
Avery Dennison Corp.(c)
|
|
896,577
|
166,323,999
|
|
Ball Corp.(c)
|
|
3,321,187
|
188,875,905
|
|
CF Industries Holdings, Inc.
|
|
2,084,678
|
194,354,530
|
|
Corteva, Inc.
|
|
2,437,586
|
177,456,261
|
|
CRH PLC
|
|
1,268,612
|
155,290,795
|
|
Dow, Inc.(c)
|
|
6,452,963
|
177,779,131
|
|
DuPont de Nemours, Inc.(c)
|
|
3,874,591
|
170,172,037
|
|
Ecolab, Inc.
|
|
616,521
|
173,852,757
|
|
Freeport-McMoRan, Inc.
|
|
3,416,839
|
205,796,213
|
|
International Flavors & Fragrances,
Inc.(c)
|
|
2,427,234
|
169,445,206
|
|
International Paper Co.(c)
|
|
4,056,094
|
163,541,710
|
|
Linde PLC
|
|
404,319
|
184,761,653
|
|
LyondellBasell Industries N.V., Class A
|
|
3,509,262
|
171,953,838
|
|
Martin Marietta Materials, Inc.
|
|
254,439
|
165,881,506
|
|
Mosaic Co. (The)
|
|
6,682,040
|
183,756,100
|
|
Newmont Corp.
|
|
1,681,552
|
188,922,367
|
|
Nucor Corp.
|
|
965,490
|
171,586,883
|
|
Packaging Corp. of America
|
|
783,252
|
174,312,733
|
|
PPG Industries, Inc.(c)
|
|
1,579,496
|
182,637,122
|
|
Sherwin-Williams Co. (The)
|
|
486,553
|
172,551,156
|
|
Smurfit WestRock PLC
|
|
4,268,636
|
177,703,317
|
|
Steel Dynamics, Inc.(c)
|
|
926,511
|
166,373,580
|
|
Vulcan Materials Co.
|
|
534,884
|
160,754,037
|
|
|
|
|
4,601,331,523
|
|
Real Estate-6.22%
|
|||
|
Alexandria Real Estate Equities, Inc.(c)
|
|
3,415,431
|
186,619,150
|
|
American Tower Corp.
|
|
879,784
|
157,727,675
|
|
AvalonBay Communities, Inc.(c)
|
|
900,274
|
159,951,682
|
|
BXP, Inc.(c)
|
|
2,256,689
|
145,940,078
|
|
Camden Property Trust
|
|
1,538,282
|
167,749,652
|
|
CBRE Group, Inc., Class A(b)
|
|
1,013,402
|
172,612,763
|
|
CoStar Group, Inc.(b)(c)
|
|
2,338,814
|
143,837,061
|
|
Crown Castle, Inc.(c)
|
|
1,750,081
|
151,924,532
|
|
Digital Realty Trust, Inc.
|
|
994,701
|
165,070,631
|
|
Equinix, Inc.
|
|
215,892
|
177,232,220
|
|
Equity Residential
|
|
2,615,035
|
162,968,981
|
|
Essex Property Trust, Inc.(c)
|
|
621,702
|
156,588,083
|
|
Extra Space Storage, Inc.(c)
|
|
1,223,535
|
168,811,124
|
|
Federal Realty Investment Trust
|
|
1,626,868
|
164,573,967
|
|
Healthpeak Properties, Inc.
|
|
9,544,252
|
164,542,904
|
|
Host Hotels & Resorts, Inc.
|
|
8,901,086
|
164,937,124
|
|
Invitation Homes, Inc.
|
|
5,992,622
|
160,182,786
|
|
Iron Mountain, Inc.
|
|
1,856,455
|
171,035,199
|
|
Kimco Realty Corp.
|
|
7,911,613
|
166,776,802
|
|
Mid-America Apartment Communities,
Inc.
|
|
1,202,875
|
161,546,112
|
|
Prologis, Inc.
|
|
1,224,078
|
159,815,624
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Public Storage(c)
|
|
592,729
|
$163,705,822
|
|
Realty Income Corp.
|
|
2,800,583
|
171,283,656
|
|
Regency Centers Corp.(c)
|
|
2,361,139
|
172,056,199
|
|
SBA Communications Corp., Class A
|
|
838,515
|
154,378,997
|
|
Simon Property Group, Inc.
|
|
873,333
|
167,077,336
|
|
UDR, Inc.(c)
|
|
4,505,495
|
167,379,139
|
|
Ventas, Inc.
|
|
2,040,791
|
158,508,237
|
|
VICI Properties, Inc.
|
|
5,715,755
|
160,498,400
|
|
Welltower, Inc.
|
|
830,339
|
156,402,654
|
|
Weyerhaeuser Co.(c)
|
|
6,890,831
|
177,645,623
|
|
|
|
|
5,079,380,213
|
|
Utilities-6.20%
|
|||
|
AES Corp. (The)
|
|
11,497,923
|
168,444,572
|
|
Alliant Energy Corp.
|
|
2,448,032
|
161,349,789
|
|
Ameren Corp.
|
|
1,622,564
|
167,578,410
|
|
American Electric Power Co., Inc.(c)
|
|
1,390,660
|
166,566,302
|
|
American Water Works Co., Inc.
|
|
1,233,088
|
159,228,653
|
|
Atmos Energy Corp.
|
|
951,313
|
158,241,404
|
|
CenterPoint Energy, Inc.(c)
|
|
4,234,894
|
168,082,943
|
|
CMS Energy Corp.
|
|
2,266,873
|
162,058,751
|
|
Consolidated Edison, Inc.
|
|
1,662,761
|
177,300,205
|
|
Constellation Energy Corp.
|
|
438,771
|
123,154,244
|
|
Dominion Energy, Inc.(c)
|
|
2,732,884
|
164,437,630
|
|
DTE Energy Co.
|
|
1,221,553
|
164,152,292
|
|
Duke Energy Corp.
|
|
1,392,529
|
168,983,394
|
|
Edison International
|
|
2,760,584
|
171,929,172
|
|
Entergy Corp.(c)
|
|
1,700,008
|
163,013,767
|
|
Evergy, Inc.
|
|
2,158,274
|
165,604,364
|
|
Eversource Energy
|
|
2,346,761
|
162,231,588
|
|
Exelon Corp.
|
|
3,666,963
|
164,206,603
|
|
FirstEnergy Corp.
|
|
3,574,965
|
169,238,843
|
|
NextEra Energy, Inc.
|
|
1,952,132
|
171,592,403
|
|
NiSource, Inc.
|
|
3,839,626
|
170,057,036
|
|
NRG Energy, Inc.
|
|
944,024
|
144,086,383
|
|
PG&E Corp.
|
|
10,523,525
|
162,272,756
|
|
Pinnacle West Capital Corp.
|
|
1,832,809
|
171,477,610
|
|
PPL Corp.
|
|
4,772,085
|
172,988,081
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Public Service Enterprise Group, Inc.
|
|
2,016,940
|
$166,115,178
|
|
Sempra
|
|
1,781,384
|
154,998,222
|
|
Southern Co. (The)
|
|
1,887,889
|
168,607,367
|
|
Vistra Corp.
|
|
960,304
|
152,064,138
|
|
WEC Energy Group, Inc.
|
|
1,530,747
|
169,407,771
|
|
Xcel Energy, Inc.
|
|
2,125,772
|
161,686,218
|
|
|
|
|
5,071,156,089
|
|
Total Common Stocks & Other Equity Interests
(Cost $75,478,985,854)
|
81,551,846,434
|
||
|
Money Market Funds-0.12%
|
|||
|
Invesco Government & Agency
Portfolio, Institutional Class,
3.61%(d)(e)
(Cost $97,623,796)
|
|
97,623,796
|
97,623,796
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.90%
(Cost $75,576,609,650)
|
81,649,470,230
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-3.69%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
799,792,152
|
799,792,152
|
|
Invesco Private Prime Fund,
3.80%(d)(e)(f)
|
|
2,217,374,809
|
2,218,040,021
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $3,017,832,173)
|
3,017,832,173
|
||
|
TOTAL INVESTMENTS IN SECURITIES-103.59%
(Cost $78,594,441,823)
|
84,667,302,403
|
||
|
OTHER ASSETS LESS LIABILITIES-(3.59)%
|
(2,931,675,370
)
|
||
|
NET ASSETS-100.00%
|
$81,735,627,033
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$128,171,783
|
$62,878,779
|
$(141,733,167
)
|
$89,146,663
|
$22,362,052
|
$160,826,110
|
$5,259,405
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments
in Affiliated
Money
Market
Funds:
|
|
|
|
|
|
|
|
|
Invesco
Government
& Agency
Portfolio,
Institutional
Class
|
$85,360,814
|
$1,709,228,733
|
$(1,696,965,751
)
|
$-
|
$-
|
$97,623,796
|
$2,919,112
|
|
Investments
Purchased
with Cash
Collateral
from
Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco
Private
Government
Fund
|
864,508,230
|
5,079,118,015
|
(5,143,834,093
)
|
-
|
-
|
799,792,152
|
23,441,353
*
|
|
Invesco
Private
Prime Fund
|
2,288,058,550
|
9,495,225,390
|
(9,565,423,944
)
|
168,661
|
11,364
|
2,218,040,021
|
63,952,966
*
|
|
Total
|
$3,366,099,377
|
$16,346,450,917
|
$(16,547,956,955
)
|
$89,315,324
|
$22,373,416
|
$3,276,282,079
|
$95,572,836
|
|
*
|
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 January 31, 2026.
|
|
(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.
|
|
Open Futures Contracts(a)
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
|
|
Equity Risk
|
|
|
|
|
|
|
E-mini S&P 500 Equal Weight
|
965
|
March-2026
|
$155,152,700
|
$1,395,700
|
$1,395,700
|
|
(a)
|
Futures contracts collateralized by $38,123,563 cash held with Morgan Stanley & Co.
LLC, the futures commission merchant.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.82%
|
|||
|
Diversified Telecommunication Services-10.07%
|
|||
|
AT&T, Inc.
|
|
139,799
|
$3,664,132
|
|
Verizon Communications, Inc.
|
|
85,413
|
3,802,586
|
|
|
|
|
7,466,718
|
|
Entertainment-31.47%
|
|||
|
Electronic Arts, Inc.
|
|
16,755
|
3,416,680
|
|
Live Nation Entertainment, Inc.(b)
|
|
24,563
|
3,572,688
|
|
Netflix, Inc.(b)
|
|
36,777
|
3,070,512
|
|
Take-Two Interactive Software, Inc.(b)
|
|
13,859
|
3,053,138
|
|
TKO Group Holdings, Inc.
|
|
17,314
|
3,507,470
|
|
Walt Disney Co. (The)
|
|
31,330
|
3,534,024
|
|
Warner Bros. Discovery, Inc.(b)
|
|
115,465
|
3,179,906
|
|
|
|
|
23,334,418
|
|
Interactive Media & Services-17.82%
|
|||
|
Alphabet, Inc., Class A
|
|
5,912
|
1,998,256
|
|
Alphabet, Inc., Class C
|
|
4,725
|
1,599,554
|
|
Match Group, Inc.
|
|
100,849
|
3,141,447
|
|
Meta Platforms, Inc., Class A
|
|
5,244
|
3,757,326
|
|
Pinterest, Inc., Class A(b)
|
|
122,695
|
2,715,240
|
|
|
|
|
13,211,823
|
|
Media-35.82%
|
|||
|
Charter Communications, Inc., Class A(b)
|
|
15,987
|
3,295,240
|
|
Comcast Corp., Class A
|
|
130,905
|
3,894,424
|
|
EchoStar Corp., Class A(b)(c)
|
|
32,791
|
3,712,597
|
|
Fox Corp., Class A
|
|
29,163
|
2,122,483
|
|
Fox Corp., Class B
|
|
20,773
|
1,362,086
|
|
News Corp., Class A
|
|
95,108
|
2,570,769
|
|
News Corp., Class B(c)
|
|
31,351
|
975,016
|
|
Omnicom Group, Inc.
|
|
44,087
|
3,396,463
|
|
Paramount Skydance Corp.
|
|
231,638
|
2,596,662
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
86,937
|
2,636,799
|
|
|
|
|
26,562,539
|
|
|
Shares
|
Value
|
|
|
Wireless Telecommunication Services-4.64%
|
|||
|
T-Mobile US, Inc.
|
|
17,457
|
$3,442,695
|
|
Total Common Stocks & Other Equity Interests
(Cost $71,333,961)
|
74,018,193
|
||
|
|
|||
|
Money Market Funds-0.02%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $13,408)
|
|
13,408
|
13,408
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.84%
(Cost $71,347,369)
|
74,031,601
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-5.38%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
1,108,700
|
1,108,700
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
2,883,589
|
2,884,454
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $3,993,154)
|
3,993,154
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.22%
(Cost $75,340,523)
|
78,024,755
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.22)%
|
(3,871,587
)
|
||
|
NET ASSETS-100.00%
|
$74,153,168
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$26,689
|
$1,386,623
|
$(1,399,904
)
|
$-
|
$-
|
$13,408
|
$1,044
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
$2,364,647
|
$44,993,493
|
$(46,249,440
)
|
$-
|
$-
|
$1,108,700
|
$75,267
*
|
|
Invesco Private Prime Fund
|
6,180,518
|
86,074,124
|
(89,370,089
)
|
6
|
(105
)
|
2,884,454
|
199,234
*
|
|
Total
|
$8,571,854
|
$132,454,240
|
$(137,019,433
)
|
$6
|
$(105
)
|
$4,006,562
|
$275,545
|
|
*
|
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 January 31, 2026.
|
|
(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%
|
|||
|
Automobile Components-1.97%
|
|||
|
Aptiv PLC(b)
|
|
57,652
|
$4,367,139
|
|
Automobiles-6.18%
|
|||
|
Ford Motor Co.
|
|
337,706
|
4,687,359
|
|
General Motors Co.
|
|
56,044
|
4,707,696
|
|
Tesla, Inc.(b)
|
|
10,034
|
4,318,734
|
|
|
|
|
13,713,789
|
|
Broadline Retail-4.36%
|
|||
|
Amazon.com, Inc.(b)
|
|
19,540
|
4,675,922
|
|
eBay, Inc.
|
|
54,811
|
4,999,860
|
|
|
|
|
9,675,782
|
|
Distributors-4.31%
|
|||
|
Genuine Parts Co.
|
|
34,510
|
4,796,545
|
|
Pool Corp.
|
|
18,826
|
4,783,498
|
|
|
|
|
9,580,043
|
|
Hotels, Restaurants & Leisure-37.91%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
35,498
|
4,592,376
|
|
Booking Holdings, Inc.
|
|
860
|
4,301,582
|
|
Carnival Corp.(b)
|
|
172,323
|
5,173,136
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
133,434
|
5,186,580
|
|
Darden Restaurants, Inc.
|
|
25,284
|
5,040,365
|
|
Domino’s Pizza, Inc.
|
|
10,814
|
4,437,309
|
|
DoorDash, Inc., Class A(b)
|
|
20,554
|
4,205,760
|
|
Expedia Group, Inc.
|
|
16,526
|
4,376,746
|
|
Hilton Worldwide Holdings, Inc.
|
|
16,693
|
4,983,027
|
|
Las Vegas Sands Corp.
|
|
68,134
|
3,592,706
|
|
Marriott International, Inc., Class A
|
|
15,784
|
4,976,695
|
|
McDonald’s Corp.
|
|
14,585
|
4,594,275
|
|
MGM Resorts International(b)
|
|
121,734
|
4,082,958
|
|
Norwegian Cruise Line Holdings Ltd.(b)
|
|
235,378
|
5,168,901
|
|
Royal Caribbean Cruises Ltd.
|
|
17,387
|
5,644,690
|
|
Starbucks Corp.
|
|
54,013
|
4,966,495
|
|
Wynn Resorts Ltd.
|
|
36,638
|
3,936,753
|
|
Yum! Brands, Inc.
|
|
31,477
|
4,894,674
|
|
|
|
|
84,155,028
|
|
Household Durables-9.82%
|
|||
|
D.R. Horton, Inc.
|
|
29,170
|
4,341,663
|
|
Garmin Ltd.
|
|
21,540
|
4,343,326
|
|
|
Shares
|
Value
|
|
|
Household Durables-(continued)
|
|||
|
Lennar Corp., Class A
|
|
37,726
|
$4,125,338
|
|
NVR, Inc.(b)
|
|
598
|
4,566,167
|
|
PulteGroup, Inc.
|
|
35,404
|
4,428,686
|
|
|
|
|
21,805,180
|
|
Leisure Products-2.22%
|
|||
|
Hasbro, Inc.
|
|
55,122
|
4,922,946
|
|
Specialty Retail-22.76%
|
|||
|
AutoZone, Inc.(b)
|
|
1,328
|
4,919,297
|
|
Best Buy Co., Inc.
|
|
61,098
|
3,977,480
|
|
Carvana Co.(b)
|
|
9,687
|
3,885,553
|
|
Home Depot, Inc. (The)
|
|
12,894
|
4,829,963
|
|
Lowe’s Cos., Inc.
|
|
18,395
|
4,912,569
|
|
O’Reilly Automotive, Inc.(b)
|
|
48,363
|
4,759,403
|
|
Ross Stores, Inc.
|
|
24,909
|
4,699,083
|
|
TJX Cos., Inc. (The)
|
|
29,092
|
4,358,272
|
|
Tractor Supply Co.
|
|
85,675
|
4,359,144
|
|
Ulta Beauty, Inc.(b)
|
|
7,536
|
4,878,505
|
|
Williams-Sonoma, Inc.
|
|
24,208
|
4,954,167
|
|
|
|
|
50,533,436
|
|
Textiles, Apparel & Luxury Goods-10.45%
|
|||
|
Deckers Outdoor Corp.(b)
|
|
44,964
|
5,366,004
|
|
lululemon athletica, Inc.(b)
|
|
24,139
|
4,212,256
|
|
NIKE, Inc., Class B
|
|
68,836
|
4,254,753
|
|
Ralph Lauren Corp.
|
|
12,662
|
4,474,877
|
|
Tapestry, Inc.
|
|
38,462
|
4,881,212
|
|
|
|
|
23,189,102
|
|
Total Common Stocks & Other Equity Interests
(Cost $211,045,567)
|
221,942,445
|
||
|
|
|||
|
Money Market Funds-0.02%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
(Cost $47,521)
|
|
47,521
|
47,521
|
|
TOTAL INVESTMENTS IN SECURITIES-100.00%
(Cost $211,093,088)
|
221,989,966
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.00)%
|
(1,544
)
|
||
|
NET ASSETS-100.00%
|
$221,988,422
|
||
|
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)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$14,183
|
$1,897,716
|
$(1,864,378
)
|
$-
|
$-
|
$47,521
|
$3,350
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
$3,832,009
|
$31,331,543
|
$(35,163,552
)
|
$-
|
$-
|
$-
|
$47,895
*
|
|
Invesco Private Prime Fund
|
9,939,498
|
68,227,650
|
(78,167,040
)
|
1
|
(109
)
|
-
|
126,982
*
|
|
Total
|
$13,785,690
|
$101,456,909
|
$(115,194,970
)
|
$1
|
$(109
)
|
$47,521
|
$178,227
|
|
*
|
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.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.79%
|
|||
|
Beverages-18.65%
|
|||
|
Brown-Forman Corp., Class B(b)
|
|
219,555
|
$6,009,220
|
|
Coca-Cola Co. (The)
|
|
95,028
|
7,109,045
|
|
Constellation Brands, Inc., Class A
|
|
44,929
|
7,040,374
|
|
Keurig Dr Pepper, Inc.
|
|
225,951
|
6,200,095
|
|
Molson Coors Beverage Co., Class B
|
|
142,413
|
6,841,521
|
|
Monster Beverage Corp.(c)
|
|
90,346
|
7,296,343
|
|
PepsiCo, Inc.
|
|
44,565
|
6,846,521
|
|
|
|
|
47,343,119
|
|
Consumer Staples Distribution & Retail-19.70%
|
|||
|
Costco Wholesale Corp.
|
|
7,632
|
7,175,988
|
|
Dollar General Corp.
|
|
53,002
|
7,602,077
|
|
Dollar Tree, Inc.(c)
|
|
53,692
|
6,313,642
|
|
Kroger Co. (The)
|
|
108,948
|
6,847,382
|
|
Sysco Corp.
|
|
90,692
|
7,604,524
|
|
Target Corp.
|
|
70,509
|
7,436,584
|
|
Walmart, Inc.
|
|
58,935
|
7,021,516
|
|
|
|
|
50,001,713
|
|
Food Products-35.67%
|
|||
|
Archer-Daniels-Midland Co.
|
|
114,615
|
7,714,736
|
|
Bunge Global S.A.
|
|
72,942
|
8,306,635
|
|
Campbell’s Co. (The)
|
|
236,789
|
6,625,356
|
|
Conagra Brands, Inc.
|
|
382,588
|
7,081,704
|
|
General Mills, Inc.
|
|
145,961
|
6,752,156
|
|
Hershey Co. (The)
|
|
37,048
|
7,215,098
|
|
Hormel Foods Corp.
|
|
281,060
|
6,916,887
|
|
J.M. Smucker Co. (The)
|
|
66,939
|
7,019,223
|
|
Kraft Heinz Co. (The)
|
|
274,019
|
6,505,211
|
|
Lamb Weston Holdings, Inc.
|
|
113,078
|
5,193,673
|
|
McCormick & Co., Inc.
|
|
103,758
|
6,415,357
|
|
Mondelez International, Inc., Class A
|
|
123,801
|
7,238,644
|
|
Tyson Foods, Inc., Class A
|
|
115,705
|
7,559,008
|
|
|
|
|
90,543,688
|
|
Household Products-14.38%
|
|||
|
Church & Dwight Co., Inc.
|
|
80,089
|
7,708,566
|
|
|
Shares
|
Value
|
|
|
Household Products-(continued)
|
|||
|
Clorox Co. (The)
|
|
65,090
|
$7,341,501
|
|
Colgate-Palmolive Co.
|
|
85,806
|
7,747,424
|
|
Kimberly-Clark Corp.(b)
|
|
64,690
|
6,468,353
|
|
Procter & Gamble Co. (The)
|
|
47,712
|
7,241,250
|
|
|
|
|
36,507,094
|
|
Personal Care Products-5.46%
|
|||
|
Estee Lauder Cos., Inc. (The), Class A
|
|
62,192
|
7,169,494
|
|
Kenvue, Inc.
|
|
385,233
|
6,703,054
|
|
|
|
|
13,872,548
|
|
Tobacco-5.93%
|
|||
|
Altria Group, Inc.
|
|
113,684
|
7,047,271
|
|
Philip Morris International, Inc.
|
|
44,560
|
7,995,847
|
|
|
|
|
15,043,118
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.79%
(Cost $291,532,205)
|
253,311,280
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-2.85%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
2,014,966
|
2,014,966
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
5,227,983
|
5,229,551
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $7,244,517)
|
7,244,517
|
||
|
TOTAL INVESTMENTS IN SECURITIES-102.64%
(Cost $298,776,722)
|
260,555,797
|
||
|
OTHER ASSETS LESS LIABILITIES-(2.64)%
|
(6,704,325
)
|
||
|
NET ASSETS-100.00%
|
$253,851,472
|
||
|
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 January 31, 2026.
|
|
(c)
|
Non-income producing security.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$29,276
|
$6,415,094
|
$(6,444,370
)
|
$-
|
$-
|
$-
|
$3,914
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
$6,166,076
|
$48,275,120
|
$(52,426,230
)
|
$-
|
$-
|
$2,014,966
|
$104,121
*
|
|
Invesco Private Prime Fund
|
15,997,189
|
89,863,121
|
(100,632,448
)
|
607
|
1,082
|
5,229,551
|
276,749
*
|
|
Total
|
$22,192,541
|
$144,553,335
|
$(159,503,048
)
|
$607
|
$1,082
|
$7,244,517
|
$384,784
|
|
*
|
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 January 31, 2026.
|
|
(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%
|
|||
|
Energy Equipment & Services-14.88%
|
|||
|
Baker Hughes Co., Class A
|
|
473,448
|
$26,532,026
|
|
Halliburton Co.
|
|
783,213
|
26,253,300
|
|
SLB Ltd.
|
|
569,596
|
27,557,054
|
|
|
|
|
80,342,380
|
|
Oil, Gas & Consumable Fuels-85.03%
|
|||
|
APA Corp.
|
|
864,151
|
22,822,228
|
|
Chevron Corp.
|
|
150,229
|
26,575,510
|
|
ConocoPhillips
|
|
234,959
|
24,489,777
|
|
Coterra Energy, Inc.
|
|
841,767
|
24,284,978
|
|
Devon Energy Corp.
|
|
592,122
|
23,809,226
|
|
Diamondback Energy, Inc.
|
|
141,905
|
23,265,325
|
|
EOG Resources, Inc.
|
|
204,114
|
22,887,303
|
|
EQT Corp.
|
|
397,289
|
22,935,494
|
|
Expand Energy Corp.
|
|
194,925
|
21,911,519
|
|
Exxon Mobil Corp.
|
|
190,263
|
26,903,189
|
|
Kinder Morgan, Inc.
|
|
855,354
|
26,079,743
|
|
Marathon Petroleum Corp.
|
|
118,900
|
20,948,991
|
|
Occidental Petroleum Corp.
|
|
544,771
|
24,727,156
|
|
ONEOK, Inc.(b)
|
|
308,250
|
24,410,317
|
|
Phillips 66
|
|
158,161
|
22,705,593
|
|
Targa Resources Corp.
|
|
123,948
|
24,911,069
|
|
Texas Pacific Land Corp.
|
|
76,465
|
26,637,347
|
|
Valero Energy Corp.
|
|
129,230
|
23,446,199
|
|
Williams Cos., Inc. (The)
|
|
375,915
|
25,284,043
|
|
|
|
|
459,035,007
|
|
Total Common Stocks & Other Equity Interests
(Cost $473,950,237)
|
539,377,387
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Money Market Funds-0.06%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
(Cost $307,346)
|
|
307,346
|
$307,346
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.97%
(Cost $474,257,583)
|
539,684,733
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-1.46%
|
|||
|
Invesco Private Government Fund,
3.65%(c)(d)(e)
|
|
2,197,961
|
2,197,961
|
|
Invesco Private Prime Fund, 3.80%(c)(d)(e)
|
|
5,709,686
|
5,711,399
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $7,909,360)
|
7,909,360
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.43%
(Cost $482,166,943)
|
547,594,093
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.43)%
|
(7,738,569
)
|
||
|
NET ASSETS-100.00%
|
$539,855,524
|
||
|
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 January 31, 2026.
|
|
(c)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$164,089
|
$11,328,437
|
$(11,185,180
)
|
$-
|
$-
|
$307,346
|
$6,701
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
5,780,543
|
70,210,230
|
(73,792,812
)
|
-
|
-
|
2,197,961
|
80,629
*
|
|
Invesco Private Prime Fund
|
15,049,714
|
143,549,385
|
(152,889,187
)
|
1,052
|
435
|
5,711,399
|
215,541
*
|
|
Total
|
$20,994,346
|
$225,088,052
|
$(237,867,179
)
|
$1,052
|
$435
|
$8,216,706
|
$302,871
|
|
*
|
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.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
(e)
|
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-99.99%
|
|||
|
Banks-17.74%
|
|||
|
Bank of America Corp.
|
|
73,548
|
$3,912,754
|
|
Citigroup, Inc.
|
|
35,804
|
4,142,881
|
|
Citizens Financial Group, Inc.
|
|
68,038
|
4,285,033
|
|
Fifth Third Bancorp
|
|
83,648
|
4,200,803
|
|
Huntington Bancshares, Inc.
|
|
226,509
|
3,959,377
|
|
JPMorgan Chase & Co.
|
|
12,826
|
3,923,345
|
|
KeyCorp
|
|
193,835
|
4,171,329
|
|
M&T Bank Corp.
|
|
19,440
|
4,307,321
|
|
PNC Financial Services Group, Inc. (The)
|
|
19,217
|
4,291,156
|
|
Regions Financial Corp.
|
|
145,270
|
4,140,195
|
|
Truist Financial Corp.
|
|
80,256
|
4,126,764
|
|
U.S. Bancorp
|
|
74,263
|
4,166,897
|
|
Wells Fargo & Co.
|
|
43,858
|
3,968,710
|
|
|
|
|
53,596,565
|
|
Capital Markets-34.37%
|
|||
|
Ameriprise Financial, Inc.
|
|
7,998
|
4,216,466
|
|
Ares Management Corp., Class A
|
|
22,310
|
3,339,138
|
|
Bank of New York Mellon Corp. (The)
|
|
33,599
|
4,029,192
|
|
BlackRock, Inc.
|
|
3,671
|
4,107,629
|
|
Blackstone, Inc., Class A
|
|
25,399
|
3,617,325
|
|
Cboe Global Markets, Inc.
|
|
15,970
|
4,233,008
|
|
Charles Schwab Corp. (The)
|
|
41,514
|
4,314,135
|
|
CME Group, Inc., Class A
|
|
14,934
|
4,316,822
|
|
Coinbase Global, Inc., Class A(b)
|
|
14,459
|
2,815,746
|
|
FactSet Research Systems, Inc.
|
|
13,800
|
3,510,168
|
|
Franklin Resources, Inc.
|
|
170,635
|
4,542,304
|
|
Goldman Sachs Group, Inc. (The)
|
|
4,476
|
4,186,895
|
|
Interactive Brokers Group, Inc., Class A
|
|
59,659
|
4,467,266
|
|
Intercontinental Exchange, Inc.
|
|
24,800
|
4,309,744
|
|
Invesco Ltd.(c)
|
|
147,697
|
4,030,651
|
|
KKR & Co., Inc., Class A
|
|
28,102
|
3,210,934
|
|
Moody’s Corp.
|
|
8,287
|
4,272,446
|
|
Morgan Stanley
|
|
22,132
|
4,045,730
|
|
MSCI, Inc.
|
|
7,390
|
4,502,136
|
|
Nasdaq, Inc.
|
|
43,270
|
4,192,430
|
|
Northern Trust Corp.
|
|
28,910
|
4,320,021
|
|
Raymond James Financial, Inc.
|
|
23,826
|
3,951,780
|
|
Robinhood Markets, Inc., Class A(b)
|
|
29,319
|
2,916,654
|
|
S&P Global, Inc.
|
|
8,095
|
4,272,460
|
|
State Street Corp.
|
|
30,852
|
4,037,293
|
|
T. Rowe Price Group, Inc.
|
|
38,407
|
4,058,852
|
|
|
|
|
103,817,225
|
|
Consumer Finance-3.58%
|
|||
|
American Express Co.
|
|
10,590
|
3,729,480
|
|
Capital One Financial Corp.
|
|
16,729
|
3,662,480
|
|
Synchrony Financial
|
|
47,043
|
3,416,733
|
|
|
|
|
10,808,693
|
|
Financial Services-13.62%
|
|||
|
Apollo Global Management, Inc.
|
|
26,680
|
3,589,527
|
|
|
Shares
|
Value
|
|
|
Financial Services-(continued)
|
|||
|
Berkshire Hathaway, Inc., Class B(b)
|
|
8,110
|
$3,897,098
|
|
Block, Inc., Class A(b)
|
|
62,845
|
3,797,723
|
|
Corpay, Inc.(b)
|
|
12,765
|
4,016,252
|
|
Fidelity National Information Services, Inc.
|
|
59,722
|
3,299,641
|
|
Fiserv, Inc.(b)
|
|
59,749
|
3,807,804
|
|
Global Payments, Inc.
|
|
49,508
|
3,551,704
|
|
Jack Henry & Associates, Inc.
|
|
21,509
|
3,854,628
|
|
Mastercard, Inc., Class A
|
|
7,381
|
3,976,809
|
|
PayPal Holdings, Inc.
|
|
65,034
|
3,426,642
|
|
Visa, Inc., Class A
|
|
12,211
|
3,929,866
|
|
|
|
|
41,147,694
|
|
Insurance-30.68%
|
|||
|
Aflac, Inc.
|
|
37,106
|
4,116,911
|
|
Allstate Corp. (The)
|
|
19,769
|
3,933,833
|
|
American International Group, Inc.
|
|
49,057
|
3,673,388
|
|
Aon PLC, Class A
|
|
11,696
|
4,089,389
|
|
Arch Capital Group Ltd.(b)
|
|
43,341
|
4,162,470
|
|
Arthur J. Gallagher & Co.
|
|
16,541
|
4,124,829
|
|
Assurant, Inc.
|
|
17,839
|
4,248,001
|
|
Brown & Brown, Inc.
|
|
51,316
|
3,699,884
|
|
Chubb Ltd.
|
|
13,412
|
4,151,819
|
|
Cincinnati Financial Corp.
|
|
24,458
|
3,935,048
|
|
Erie Indemnity Co., Class A
|
|
14,463
|
4,093,174
|
|
Everest Group Ltd.
|
|
12,608
|
4,176,778
|
|
Globe Life, Inc.
|
|
29,482
|
4,133,966
|
|
Hartford Insurance Group, Inc. (The)
|
|
30,539
|
4,124,597
|
|
Loews Corp.
|
|
38,763
|
4,092,210
|
|
Marsh & McLennan Cos., Inc.
|
|
21,983
|
4,136,981
|
|
MetLife, Inc.
|
|
49,831
|
3,930,669
|
|
Principal Financial Group, Inc.
|
|
44,081
|
4,175,352
|
|
Progressive Corp. (The)
|
|
17,851
|
3,713,008
|
|
Prudential Financial, Inc.
|
|
34,659
|
3,850,962
|
|
Travelers Cos., Inc. (The)
|
|
14,289
|
4,065,363
|
|
W.R. Berkley Corp.
|
|
58,847
|
4,035,727
|
|
Willis Towers Watson PLC
|
|
12,626
|
4,008,376
|
|
|
|
|
92,672,735
|
|
Total Common Stocks & Other Equity Interests
(Cost $245,031,918)
|
302,042,912
|
||
|
|
|||
|
Money Market Funds-0.00%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
(Cost $13,122)
|
|
13,122
|
13,122
|
|
TOTAL INVESTMENTS IN SECURITIES-99.99%
(Cost $245,045,040)
|
302,056,034
|
||
|
OTHER ASSETS LESS LIABILITIES-0.01%
|
23,419
|
||
|
NET ASSETS-100.00%
|
$302,079,453
|
||
|
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)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$3,717,095
|
$376,061
|
$(3,291,076
)
|
$3,234,246
|
$(5,675
)
|
$4,030,651
|
$153,278
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
157,209
|
4,636,687
|
(4,780,774
)
|
-
|
-
|
13,122
|
5,521
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
2,814,765
|
54,483,579
|
(57,298,344
)
|
-
|
-
|
-
|
33,189
*
|
|
Invesco Private Prime Fund
|
7,363,982
|
134,070,378
|
(141,435,213
)
|
-
|
853
|
-
|
90,517
*
|
|
Total
|
$14,053,051
|
$193,566,705
|
$(206,805,407
)
|
$3,234,246
|
$(4,822
)
|
$4,043,773
|
$282,505
|
|
*
|
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.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.91%
|
|||
|
Biotechnology-14.57%
|
|||
|
AbbVie, Inc.
|
|
55,165
|
$12,302,347
|
|
Amgen, Inc.
|
|
39,410
|
13,473,491
|
|
Biogen, Inc.(b)
|
|
70,015
|
12,594,998
|
|
Gilead Sciences, Inc.
|
|
102,438
|
14,541,074
|
|
Incyte Corp.(b)
|
|
130,519
|
13,061,036
|
|
Moderna, Inc.(b)(c)
|
|
428,100
|
18,866,367
|
|
Regeneron Pharmaceuticals, Inc.
|
|
17,107
|
12,683,985
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
27,956
|
13,136,525
|
|
|
|
|
110,659,823
|
|
Health Care Equipment & Supplies-30.64%
|
|||
|
Abbott Laboratories
|
|
101,355
|
11,078,101
|
|
Align Technology, Inc.(b)
|
|
75,531
|
12,313,819
|
|
Baxter International, Inc.
|
|
680,734
|
13,662,331
|
|
Becton, Dickinson and Co.
|
|
62,649
|
12,747,819
|
|
Boston Scientific Corp.(b)
|
|
134,102
|
12,542,560
|
|
Cooper Cos., Inc. (The)(b)
|
|
153,843
|
12,519,743
|
|
Dexcom, Inc.(b)
|
|
183,994
|
13,438,922
|
|
Edwards Lifesciences Corp.(b)
|
|
148,127
|
12,051,613
|
|
GE HealthCare Technologies, Inc.
|
|
147,051
|
11,612,617
|
|
Hologic, Inc.(b)
|
|
166,116
|
12,447,072
|
|
IDEXX Laboratories, Inc.(b)
|
|
17,706
|
11,871,165
|
|
Insulet Corp.(b)
|
|
42,111
|
10,772,415
|
|
Intuitive Surgical, Inc.(b)
|
|
22,349
|
11,268,813
|
|
Medtronic PLC
|
|
123,265
|
12,691,364
|
|
ResMed, Inc.
|
|
49,426
|
12,767,230
|
|
Solventum Corp.(b)
|
|
151,665
|
11,673,655
|
|
STERIS PLC
|
|
47,991
|
12,602,437
|
|
Stryker Corp.
|
|
35,134
|
12,984,121
|
|
Zimmer Biomet Holdings, Inc.
|
|
133,542
|
11,627,502
|
|
|
|
|
232,673,299
|
|
Health Care Providers & Services-26.14%
|
|||
|
Cardinal Health, Inc.
|
|
62,708
|
13,474,695
|
|
Cencora, Inc.
|
|
36,453
|
13,094,647
|
|
Centene Corp.(b)
|
|
321,417
|
13,923,784
|
|
Cigna Group (The)
|
|
47,301
|
12,965,677
|
|
CVS Health Corp.
|
|
157,410
|
11,730,193
|
|
DaVita, Inc.(b)
|
|
104,665
|
11,444,071
|
|
Elevance Health, Inc.
|
|
36,426
|
12,593,925
|
|
HCA Healthcare, Inc.
|
|
26,502
|
12,940,132
|
|
Henry Schein, Inc.(b)
|
|
163,813
|
12,364,605
|
|
Humana, Inc.
|
|
48,425
|
9,452,560
|
|
Labcorp Holdings, Inc.
|
|
47,448
|
12,883,081
|
|
McKesson Corp.
|
|
15,281
|
12,701,720
|
|
Molina Healthcare, Inc.(b)
|
|
77,430
|
13,905,654
|
|
Quest Diagnostics, Inc.(c)
|
|
69,198
|
12,942,102
|
|
UnitedHealth Group, Inc.
|
|
37,827
|
10,853,701
|
|
Universal Health Services, Inc., Class B
|
|
55,783
|
11,226,887
|
|
|
|
|
198,497,434
|
|
|
Shares
|
Value
|
|
|
Life Sciences Tools & Services-16.18%
|
|||
|
Agilent Technologies, Inc.
|
|
86,645
|
$11,597,433
|
|
Bio-Techne Corp.
|
|
204,334
|
13,095,766
|
|
Charles River Laboratories International,
Inc.(b)
|
|
63,792
|
13,426,940
|
|
Danaher Corp.
|
|
53,946
|
11,808,240
|
|
IQVIA Holdings, Inc.(b)
|
|
55,758
|
12,832,704
|
|
Mettler-Toledo International, Inc.(b)
|
|
8,839
|
12,138,068
|
|
Revvity, Inc.
|
|
120,086
|
13,065,357
|
|
Thermo Fisher Scientific, Inc.
|
|
21,664
|
12,535,007
|
|
Waters Corp.(b)
|
|
31,384
|
11,634,676
|
|
West Pharmaceutical Services, Inc.
|
|
46,564
|
10,761,872
|
|
|
|
|
122,896,063
|
|
Pharmaceuticals-12.38%
|
|||
|
Bristol-Myers Squibb Co.
|
|
242,732
|
13,362,397
|
|
Eli Lilly and Co.
|
|
12,504
|
12,968,524
|
|
Johnson & Johnson
|
|
60,178
|
13,675,451
|
|
Merck & Co., Inc.
|
|
127,330
|
14,040,679
|
|
Pfizer, Inc.
|
|
482,194
|
12,749,209
|
|
Viatris, Inc.
|
|
1,071,601
|
14,027,257
|
|
Zoetis, Inc.
|
|
105,276
|
13,140,550
|
|
|
|
|
93,964,067
|
|
Total Common Stocks & Other Equity Interests
(Cost $653,658,343)
|
758,690,686
|
||
|
|
|||
|
Money Market Funds-0.03%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $236,160)
|
|
236,160
|
236,160
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.94%
(Cost $653,894,503)
|
758,926,846
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-2.43%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
3,862,071
|
3,862,071
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
14,562,722
|
14,567,091
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $18,429,162)
|
18,429,162
|
||
|
TOTAL INVESTMENTS IN SECURITIES-102.37%
(Cost $672,323,665)
|
777,356,008
|
||
|
OTHER ASSETS LESS LIABILITIES-(2.37)%
|
(17,980,857
)
|
||
|
NET ASSETS-100.00%
|
$759,375,151
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$131,946
|
$7,180,270
|
$(7,076,056
)
|
$-
|
$-
|
$236,160
|
$13,041
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
6,536,937
|
75,135,608
|
(77,810,474
)
|
-
|
-
|
3,862,071
|
204,031
*
|
|
Invesco Private Prime Fund
|
16,935,811
|
172,517,292
|
(174,885,675
)
|
512
|
(849
)
|
14,567,091
|
551,835
*
|
|
Total
|
$23,604,694
|
$254,833,170
|
$(259,772,205
)
|
$512
|
$(849
)
|
$18,665,322
|
$768,907
|
|
*
|
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 January 31, 2026.
|
|
(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%
|
|||
|
Aerospace & Defense-16.14%
|
|||
|
Axon Enterprise, Inc.(b)
|
|
19,956
|
$9,650,322
|
|
Boeing Co. (The)(b)
|
|
57,027
|
13,328,350
|
|
General Dynamics Corp.
|
|
33,117
|
11,627,048
|
|
General Electric Co.
|
|
39,949
|
12,255,954
|
|
Howmet Aerospace, Inc.
|
|
58,895
|
12,254,872
|
|
Huntington Ingalls Industries, Inc.
|
|
35,063
|
14,744,342
|
|
L3Harris Technologies, Inc.
|
|
39,631
|
13,587,488
|
|
Lockheed Martin Corp.
|
|
24,204
|
15,350,661
|
|
Northrop Grumman Corp.
|
|
20,410
|
14,129,027
|
|
RTX Corp.
|
|
64,863
|
13,032,923
|
|
Textron, Inc.
|
|
133,163
|
11,726,334
|
|
TransDigm Group, Inc.
|
|
8,675
|
12,383,909
|
|
|
|
|
154,071,230
|
|
Air Freight & Logistics-5.33%
|
|||
|
C.H. Robinson Worldwide, Inc.
|
|
71,562
|
13,951,012
|
|
Expeditors International of Washington, Inc.
|
|
74,863
|
12,018,506
|
|
FedEx Corp.
|
|
39,852
|
12,842,307
|
|
United Parcel Service, Inc., Class B
|
|
113,802
|
12,088,048
|
|
|
|
|
50,899,873
|
|
Building Products-9.94%
|
|||
|
A.O. Smith Corp.
|
|
166,835
|
12,260,704
|
|
Allegion PLC
|
|
70,684
|
11,690,427
|
|
Builders FirstSource, Inc.(b)
|
|
103,404
|
11,829,418
|
|
Carrier Global Corp.
|
|
212,192
|
12,642,399
|
|
Johnson Controls International PLC
|
|
97,776
|
11,660,766
|
|
Lennox International, Inc.
|
|
22,399
|
11,089,297
|
|
Masco Corp.
|
|
178,615
|
11,804,665
|
|
Trane Technologies PLC
|
|
28,395
|
11,942,369
|
|
|
|
|
94,920,045
|
|
Commercial Services & Supplies-7.43%
|
|||
|
Cintas Corp.
|
|
61,053
|
11,684,934
|
|
Copart, Inc.(b)
|
|
289,142
|
11,733,382
|
|
Republic Services, Inc.
|
|
54,577
|
11,738,967
|
|
Rollins, Inc.
|
|
192,794
|
12,211,572
|
|
Veralto Corp.
|
|
115,924
|
11,474,157
|
|
Waste Management, Inc.
|
|
54,174
|
12,039,630
|
|
|
|
|
70,882,642
|
|
Construction & Engineering-3.91%
|
|||
|
Comfort Systems USA, Inc.
|
|
11,095
|
12,671,600
|
|
EMCOR Group, Inc.
|
|
18,055
|
13,012,780
|
|
Quanta Services, Inc.
|
|
24,496
|
11,626,536
|
|
|
|
|
37,310,916
|
|
Electrical Equipment-8.68%
|
|||
|
AMETEK, Inc.
|
|
56,551
|
12,666,293
|
|
Eaton Corp. PLC
|
|
32,051
|
11,263,362
|
|
Emerson Electric Co.
|
|
82,702
|
12,153,886
|
|
GE Vernova, Inc.
|
|
15,678
|
11,388,029
|
|
Generac Holdings, Inc.(b)
|
|
68,036
|
11,432,769
|
|
Hubbell, Inc.
|
|
25,287
|
12,338,539
|
|
Rockwell Automation, Inc.
|
|
27,604
|
11,639,227
|
|
|
|
|
82,882,105
|
|
Ground Transportation-7.22%
|
|||
|
CSX Corp.
|
|
305,499
|
11,535,642
|
|
J.B. Hunt Transport Services, Inc.
|
|
57,192
|
11,593,962
|
|
Norfolk Southern Corp.
|
|
38,497
|
11,211,866
|
|
Old Dominion Freight Line, Inc.
|
|
72,013
|
12,472,652
|
|
|
Shares
|
Value
|
|
|
Ground Transportation-(continued)
|
|||
|
Uber Technologies, Inc.(b)
|
|
134,653
|
$10,778,973
|
|
Union Pacific Corp.
|
|
48,111
|
11,310,896
|
|
|
|
|
68,903,991
|
|
Industrial Conglomerates-2.50%
|
|||
|
3M Co.
|
|
68,399
|
10,475,991
|
|
Honeywell International, Inc.
|
|
58,993
|
13,422,087
|
|
|
|
|
23,898,078
|
|
Machinery-21.28%
|
|||
|
Caterpillar, Inc.
|
|
18,433
|
12,117,117
|
|
Cummins, Inc.
|
|
21,621
|
12,514,667
|
|
Deere & Co.
|
|
24,156
|
12,754,368
|
|
Dover Corp.
|
|
57,882
|
11,662,644
|
|
Fortive Corp.
|
|
206,771
|
10,919,576
|
|
IDEX Corp.
|
|
64,178
|
12,742,542
|
|
Illinois Tool Works, Inc.
|
|
44,688
|
11,675,187
|
|
Ingersoll Rand, Inc.(c)
|
|
139,925
|
12,046,143
|
|
Nordson Corp.
|
|
47,941
|
13,161,243
|
|
Otis Worldwide Corp.
|
|
128,978
|
11,017,301
|
|
PACCAR, Inc.
|
|
99,861
|
12,273,915
|
|
Parker-Hannifin Corp.
|
|
12,741
|
11,923,537
|
|
Pentair PLC
|
|
107,672
|
11,345,399
|
|
Snap-on, Inc.
|
|
32,497
|
11,897,477
|
|
Stanley Black & Decker, Inc.
|
|
149,372
|
11,749,602
|
|
Wabtec Corp.
|
|
52,558
|
12,095,698
|
|
Xylem, Inc.
|
|
81,834
|
11,282,454
|
|
|
|
|
203,178,870
|
|
Passenger Airlines-3.66%
|
|||
|
Delta Air Lines, Inc.
|
|
162,040
|
10,676,815
|
|
Southwest Airlines Co.
|
|
284,492
|
13,519,060
|
|
United Airlines Holdings, Inc.(b)
|
|
105,165
|
10,760,483
|
|
|
|
|
34,956,358
|
|
Professional Services-10.10%
|
|||
|
Automatic Data Processing, Inc.
|
|
43,688
|
10,783,072
|
|
Broadridge Financial Solutions, Inc.
|
|
49,918
|
9,839,337
|
|
Dayforce, Inc.(b)
|
|
163,861
|
11,350,652
|
|
Equifax, Inc.
|
|
52,653
|
10,604,314
|
|
Jacobs Solutions, Inc.
|
|
83,793
|
11,333,841
|
|
Leidos Holdings, Inc.
|
|
60,180
|
11,330,691
|
|
Paychex, Inc.
|
|
100,376
|
10,351,777
|
|
Paycom Software, Inc.
|
|
69,259
|
9,332,650
|
|
Verisk Analytics, Inc.
|
|
52,822
|
11,486,672
|
|
|
|
|
96,413,006
|
|
Trading Companies & Distributors-3.69%
|
|||
|
Fastenal Co.
|
|
276,838
|
12,003,696
|
|
United Rentals, Inc.
|
|
13,938
|
10,900,352
|
|
W.W. Grainger, Inc.
|
|
11,374
|
12,283,238
|
|
|
|
|
35,187,286
|
|
Total Common Stocks & Other Equity Interests
(Cost $850,340,195)
|
953,504,400
|
||
|
|
|||
|
Money Market Funds-0.10%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $920,739)
|
|
920,739
|
920,739
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.98%
(Cost $851,260,934)
|
954,425,139
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-0.00%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
14,436
|
$14,436
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
33,018
|
33,028
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $47,464)
|
47,464
|
||
|
TOTAL INVESTMENTS IN SECURITIES-99.98%
(Cost $851,308,398)
|
954,472,603
|
||
|
OTHER ASSETS LESS LIABILITIES-0.02%
|
179,077
|
||
|
NET ASSETS-100.00%
|
$954,651,680
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$291,867
|
$7,805,602
|
$(7,176,730
)
|
$-
|
$-
|
$920,739
|
$19,161
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
3,556,521
|
42,359,342
|
(45,901,427
)
|
-
|
-
|
14,436
|
65,871
*
|
|
Invesco Private Prime Fund
|
9,250,913
|
102,187,825
|
(111,405,428
)
|
85
|
(367
)
|
33,028
|
180,673
*
|
|
Total
|
$13,099,301
|
$152,352,769
|
$(164,483,585
)
|
$85
|
$(367
)
|
$968,203
|
$265,705
|
|
*
|
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 January 31, 2026.
|
|
(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%
|
|||
|
Chemicals-50.92%
|
|||
|
Air Products and Chemicals, Inc.
|
|
25,140
|
$6,850,650
|
|
Albemarle Corp.
|
|
44,673
|
7,622,554
|
|
CF Industries Holdings, Inc.
|
|
78,218
|
7,292,264
|
|
Corteva, Inc.
|
|
91,418
|
6,655,230
|
|
Dow, Inc.
|
|
242,025
|
6,667,789
|
|
DuPont de Nemours, Inc.
|
|
145,294
|
6,381,312
|
|
Ecolab, Inc.
|
|
23,118
|
6,519,045
|
|
International Flavors & Fragrances, Inc.
|
|
91,011
|
6,353,478
|
|
Linde PLC
|
|
15,159
|
6,927,208
|
|
LyondellBasell Industries N.V., Class A
|
|
131,583
|
6,447,567
|
|
Mosaic Co. (The)
|
|
250,580
|
6,890,950
|
|
PPG Industries, Inc.
|
|
59,255
|
6,851,656
|
|
Sherwin-Williams Co. (The)
|
|
18,237
|
6,467,570
|
|
|
|
|
87,927,273
|
|
Construction Materials-10.47%
|
|||
|
CRH PLC
|
|
47,574
|
5,823,533
|
|
Martin Marietta Materials, Inc.
|
|
9,551
|
6,226,774
|
|
Vulcan Materials Co.
|
|
20,051
|
6,026,128
|
|
|
|
|
18,076,435
|
|
Containers & Packaging-22.63%
|
|||
|
Amcor PLC(b)
|
|
145,153
|
6,423,020
|
|
Avery Dennison Corp.
|
|
33,600
|
6,233,136
|
|
Ball Corp.
|
|
124,599
|
7,085,945
|
|
International Paper Co.
|
|
152,131
|
6,133,922
|
|
Packaging Corp. of America
|
|
29,369
|
6,536,071
|
|
Smurfit WestRock PLC
|
|
160,109
|
6,665,338
|
|
|
|
|
39,077,432
|
|
Metals & Mining-15.91%
|
|||
|
Freeport-McMoRan, Inc.
|
|
128,121
|
7,716,728
|
|
Newmont Corp.
|
|
63,045
|
7,083,106
|
|
|
Shares
|
Value
|
|
|
Metals & Mining-(continued)
|
|||
|
Nucor Corp.
|
|
36,215
|
$6,436,130
|
|
Steel Dynamics, Inc.
|
|
34,757
|
6,241,314
|
|
|
|
|
27,477,278
|
|
Total Common Stocks & Other Equity Interests
(Cost $171,944,956)
|
172,558,418
|
||
|
|
|||
|
Money Market Funds-0.06%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
(Cost $95,161)
|
|
95,161
|
95,161
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.99%
(Cost $172,040,117)
|
172,653,579
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-3.74%
|
|||
|
Invesco Private Government Fund,
3.65%(c)(d)(e)
|
|
1,797,239
|
1,797,239
|
|
Invesco Private Prime Fund, 3.80%(c)(d)(e)
|
|
4,667,905
|
4,669,305
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $6,466,544)
|
6,466,544
|
||
|
TOTAL INVESTMENTS IN SECURITIES-103.73%
(Cost $178,506,661)
|
179,120,123
|
||
|
OTHER ASSETS LESS LIABILITIES-(3.73)%
|
(6,440,017
)
|
||
|
NET ASSETS-100.00%
|
$172,680,106
|
||
|
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 January 31, 2026.
|
|
(c)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$12,716
|
$3,810,624
|
$(3,728,179
)
|
$-
|
$-
|
$95,161
|
$4,374
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
6,713,390
|
75,280,799
|
(80,196,950
)
|
-
|
-
|
1,797,239
|
66,217
*
|
|
Invesco Private Prime Fund
|
17,461,329
|
158,126,845
|
(170,919,412
)
|
437
|
106
|
4,669,305
|
179,245
*
|
|
Total
|
$24,187,435
|
$237,218,268
|
$(254,844,541
)
|
$437
|
$106
|
$6,561,705
|
$249,836
|
|
*
|
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.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
(e)
|
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-99.85%
|
|||
|
Health Care REITs-13.09%
|
|||
|
Alexandria Real Estate Equities, Inc.
|
|
66,539
|
$3,635,691
|
|
Healthpeak Properties, Inc.
|
|
185,933
|
3,205,485
|
|
Ventas, Inc.
|
|
39,780
|
3,089,713
|
|
Welltower, Inc.
|
|
16,184
|
3,048,418
|
|
|
|
|
12,979,307
|
|
Hotel & Resort REITs-3.24%
|
|||
|
Host Hotels & Resorts, Inc.
|
|
173,421
|
3,213,491
|
|
Industrial REITs-3.14%
|
|||
|
Prologis, Inc.
|
|
23,838
|
3,112,289
|
|
Office REITs-2.87%
|
|||
|
BXP, Inc.
|
|
43,958
|
2,842,764
|
|
Real Estate Management & Development-6.22%
|
|||
|
CBRE Group, Inc., Class A(b)
|
|
19,737
|
3,361,803
|
|
CoStar Group, Inc.(b)
|
|
45,559
|
2,801,879
|
|
|
|
|
6,163,682
|
|
Residential REITs-22.34%
|
|||
|
AvalonBay Communities, Inc.
|
|
17,534
|
3,115,266
|
|
Camden Property Trust
|
|
29,983
|
3,269,646
|
|
Equity Residential
|
|
50,965
|
3,176,139
|
|
Essex Property Trust, Inc.
|
|
12,116
|
3,051,657
|
|
Invitation Homes, Inc.
|
|
116,772
|
3,121,315
|
|
Mid-America Apartment Communities, Inc.
|
|
23,444
|
3,148,529
|
|
UDR, Inc.
|
|
87,793
|
3,261,510
|
|
|
|
|
22,144,062
|
|
Retail REITs-16.55%
|
|||
|
Federal Realty Investment Trust
|
|
31,714
|
3,208,188
|
|
Kimco Realty Corp.
|
|
154,142
|
3,249,313
|
|
|
Shares
|
Value
|
|
|
Retail REITs-(continued)
|
|||
|
Realty Income Corp.
|
|
54,564
|
$3,337,134
|
|
Regency Centers Corp.
|
|
46,012
|
3,352,895
|
|
Simon Property Group, Inc.
|
|
17,023
|
3,256,670
|
|
|
|
|
16,404,200
|
|
Specialized REITs-32.40%
|
|||
|
American Tower Corp.
|
|
17,152
|
3,075,011
|
|
Crown Castle, Inc.
|
|
34,115
|
2,961,523
|
|
Digital Realty Trust, Inc.
|
|
19,386
|
3,217,107
|
|
Equinix, Inc.
|
|
4,209
|
3,455,294
|
|
Extra Space Storage, Inc.
|
|
23,827
|
3,287,411
|
|
Iron Mountain, Inc.
|
|
36,163
|
3,331,697
|
|
Public Storage
|
|
11,554
|
3,191,099
|
|
SBA Communications Corp., Class A
|
|
16,340
|
3,008,358
|
|
VICI Properties, Inc.
|
|
111,385
|
3,127,691
|
|
Weyerhaeuser Co.
|
|
134,264
|
3,461,326
|
|
|
|
|
32,116,517
|
|
Total Common Stocks & Other Equity Interests
(Cost $113,802,723)
|
98,976,312
|
||
|
|
|||
|
Money Market Funds-0.09%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
(Cost $90,220)
|
|
90,220
|
90,220
|
|
TOTAL INVESTMENTS IN SECURITIES-99.94%
(Cost $113,892,943)
|
99,066,532
|
||
|
OTHER ASSETS LESS LIABILITIES-0.06%
|
54,873
|
||
|
NET ASSETS-100.00%
|
$99,121,405
|
||
|
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)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$144,180
|
$2,478,961
|
$(2,532,921
)
|
$-
|
$-
|
$90,220
|
$1,936
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
2,756,205
|
22,787,111
|
(25,543,316
)
|
-
|
-
|
-
|
32,067
*
|
|
Invesco Private Prime Fund
|
7,188,297
|
55,925,038
|
(63,114,005
)
|
-
|
670
|
-
|
87,611
*
|
|
Total
|
$10,088,682
|
$81,191,110
|
$(91,190,242
)
|
$-
|
$670
|
$90,220
|
$121,614
|
|
*
|
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.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.91%
|
|||
|
Communications Equipment-6.05%
|
|||
|
Arista Networks, Inc.(b)
|
|
444,000
|
$62,932,560
|
|
Cisco Systems, Inc.
|
|
732,838
|
57,395,872
|
|
F5, Inc.(b)
|
|
227,722
|
62,762,460
|
|
Motorola Solutions, Inc.
|
|
158,533
|
63,815,874
|
|
|
|
|
246,906,766
|
|
Electronic Equipment, Instruments & Components-12.73%
|
|||
|
Amphenol Corp., Class A
|
|
424,360
|
61,141,789
|
|
CDW Corp.
|
|
393,000
|
49,671,270
|
|
Corning, Inc.
|
|
623,948
|
64,422,631
|
|
Jabil, Inc.
|
|
255,568
|
60,618,174
|
|
Keysight Technologies, Inc.(b)
|
|
276,556
|
59,827,359
|
|
TE Connectivity PLC (Switzerland)
|
|
241,250
|
53,745,675
|
|
Teledyne Technologies, Inc.(b)
|
|
113,852
|
70,622,396
|
|
Trimble, Inc.(b)
|
|
712,674
|
48,176,762
|
|
Zebra Technologies Corp., Class A(b)
|
|
216,608
|
50,898,548
|
|
|
|
|
519,124,604
|
|
IT Services-11.17%
|
|||
|
Accenture PLC, Class A
|
|
215,871
|
56,912,230
|
|
Akamai Technologies, Inc.(b)
|
|
679,795
|
66,042,084
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
706,315
|
57,960,209
|
|
EPAM Systems, Inc.(b)
|
|
277,566
|
57,900,268
|
|
Gartner, Inc.(b)(c)
|
|
254,554
|
53,357,064
|
|
GoDaddy, Inc., Class A(b)
|
|
458,025
|
46,040,673
|
|
International Business Machines Corp.
|
|
188,511
|
57,816,324
|
|
VeriSign, Inc.
|
|
242,512
|
59,228,706
|
|
|
|
|
455,257,558
|
|
Semiconductors & Semiconductor Equipment-29.95%
|
|||
|
Advanced Micro Devices, Inc.(b)
|
|
265,498
|
62,851,342
|
|
Analog Devices, Inc.
|
|
208,942
|
64,955,889
|
|
Applied Materials, Inc.
|
|
214,082
|
69,002,910
|
|
Broadcom, Inc.
|
|
142,619
|
47,249,675
|
|
First Solar, Inc.(b)
|
|
224,660
|
50,665,323
|
|
Intel Corp.(b)
|
|
1,441,126
|
66,969,125
|
|
KLA Corp.
|
|
47,578
|
67,938,529
|
|
Lam Research Corp.
|
|
349,473
|
81,587,967
|
|
Microchip Technology, Inc.
|
|
865,468
|
65,706,331
|
|
Micron Technology, Inc.
|
|
223,436
|
92,699,128
|
|
Monolithic Power Systems, Inc.
|
|
60,182
|
67,653,595
|
|
NVIDIA Corp.
|
|
319,756
|
61,114,964
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
254,665
|
57,589,943
|
|
ON Semiconductor Corp.(b)(c)
|
|
1,066,536
|
63,874,841
|
|
Qnity Electronics, Inc.
|
|
681,781
|
65,573,697
|
|
QUALCOMM, Inc.
|
|
322,658
|
48,911,726
|
|
Skyworks Solutions, Inc.(c)
|
|
854,066
|
47,622,720
|
|
Teradyne, Inc.
|
|
288,146
|
69,457,593
|
|
Texas Instruments, Inc.
|
|
323,497
|
69,729,778
|
|
|
|
|
1,221,155,076
|
|
Software-25.28%
|
|||
|
Adobe, Inc.(b)
|
|
171,249
|
50,218,769
|
|
AppLovin Corp., Class A(b)
|
|
83,571
|
39,538,276
|
|
Autodesk, Inc.(b)
|
|
195,795
|
49,510,682
|
|
Cadence Design Systems, Inc.(b)
|
|
173,836
|
51,518,037
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
113,115
|
49,929,527
|
|
Datadog, Inc., Class A(b)
|
|
388,653
|
50,260,606
|
|
|
Shares
|
Value
|
|
|
Software-(continued)
|
|||
|
Fair Isaac Corp.(b)(c)
|
|
33,529
|
$49,058,627
|
|
Fortinet, Inc.(b)
|
|
720,176
|
58,521,502
|
|
Gen Digital, Inc.
|
|
2,134,632
|
51,209,822
|
|
Intuit, Inc.
|
|
88,728
|
44,268,174
|
|
Microsoft Corp.
|
|
122,808
|
52,843,054
|
|
Oracle Corp.
|
|
263,538
|
43,373,084
|
|
Palantir Technologies, Inc., Class A(b)
|
|
312,935
|
45,873,142
|
|
Palo Alto Networks, Inc.(b)(c)
|
|
304,559
|
53,897,806
|
|
PTC, Inc.(b)
|
|
334,582
|
52,238,288
|
|
Roper Technologies, Inc.
|
|
132,892
|
49,333,497
|
|
Salesforce, Inc.(c)
|
|
222,408
|
47,214,994
|
|
ServiceNow, Inc.(b)
|
|
344,222
|
40,277,416
|
|
Synopsys, Inc.(b)
|
|
123,518
|
57,450,074
|
|
Tyler Technologies, Inc.(b)
|
|
128,927
|
47,625,634
|
|
Workday, Inc., Class A(b)
|
|
263,848
|
46,339,624
|
|
|
|
|
1,030,500,635
|
|
Specialty Retail-1.17%
|
|||
|
Dell Technologies, Inc., Class C
|
|
418,231
|
47,862,356
|
|
Technology Hardware, Storage & Peripherals-13.56%
|
|||
|
Apple, Inc.
|
|
211,344
|
54,839,541
|
|
Hewlett Packard Enterprise Co.
|
|
2,326,469
|
50,065,613
|
|
HP, Inc.(c)
|
|
2,305,514
|
44,819,192
|
|
NetApp, Inc.
|
|
492,205
|
47,423,952
|
|
Sandisk Corp.(b)
|
|
252,373
|
145,429,941
|
|
Seagate Technology Holdings PLC
|
|
196,871
|
80,262,338
|
|
Super Micro Computer, Inc.(b)(c)
|
|
1,683,855
|
49,017,019
|
|
Western Digital Corp.
|
|
323,173
|
80,867,580
|
|
|
|
|
552,725,176
|
|
Total Common Stocks & Other Equity Interests
(Cost $3,240,243,523)
|
4,073,532,171
|
||
|
|
|||
|
Money Market Funds-0.10%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $3,981,325)
|
|
3,981,325
|
3,981,325
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.01%
(Cost $3,244,224,848)
|
4,077,513,496
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-4.33%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
64,346,607
|
64,346,607
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
112,081,797
|
112,115,422
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $176,462,029)
|
176,462,029
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.34%
(Cost $3,420,686,877)
|
4,253,975,525
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.34)%
|
(177,008,103
)
|
||
|
NET ASSETS-100.00%
|
$4,076,967,422
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$1,671,599
|
$85,589,712
|
$(83,279,986
)
|
$-
|
$-
|
$3,981,325
|
$101,281
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
58,209,365
|
576,413,627
|
(570,276,385
)
|
-
|
-
|
64,346,607
|
1,011,393
*
|
|
Invesco Private Prime
Fund
|
204,348,734
|
1,027,470,751
|
(1,119,712,974
)
|
797
|
8,114
|
112,115,422
|
2,691,773
*
|
|
Total
|
$264,229,698
|
$1,689,474,090
|
$(1,773,269,345
)
|
$797
|
$8,114
|
$180,443,354
|
$3,804,447
|
|
*
|
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 January 31, 2026.
|
|
(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-99.89%
|
|||
|
Electric Utilities-54.54%
|
|||
|
Alliant Energy Corp.
|
|
241,579
|
$15,922,472
|
|
American Electric Power Co., Inc.
|
|
137,146
|
16,426,662
|
|
Constellation Energy Corp.
|
|
43,240
|
12,136,603
|
|
Duke Energy Corp.
|
|
137,342
|
16,666,452
|
|
Edison International
|
|
272,336
|
16,961,086
|
|
Entergy Corp.
|
|
167,751
|
16,085,643
|
|
Evergy, Inc.
|
|
212,981
|
16,342,032
|
|
Eversource Energy
|
|
231,501
|
16,003,664
|
|
Exelon Corp.
|
|
361,755
|
16,199,389
|
|
FirstEnergy Corp.
|
|
352,619
|
16,692,983
|
|
NextEra Energy, Inc.
|
|
192,644
|
16,933,408
|
|
NRG Energy, Inc.
|
|
93,104
|
14,210,464
|
|
PG&E Corp.
|
|
1,038,228
|
16,009,476
|
|
Pinnacle West Capital Corp.
|
|
180,893
|
16,924,349
|
|
PPL Corp.
|
|
470,727
|
17,063,854
|
|
Southern Co. (The)
|
|
186,208
|
16,630,236
|
|
Xcel Energy, Inc.
|
|
209,815
|
15,958,529
|
|
|
|
|
273,167,302
|
|
Gas Utilities-3.12%
|
|||
|
Atmos Energy Corp.
|
|
93,865
|
15,613,504
|
|
Independent Power and Renewable Electricity Producers-6.31%
|
|||
|
AES Corp. (The)
|
|
1,134,538
|
16,620,982
|
|
Vistra Corp.
|
|
94,794
|
15,010,630
|
|
|
|
|
31,631,612
|
|
Multi-Utilities-32.78%
|
|||
|
Ameren Corp.
|
|
160,137
|
16,538,949
|
|
|
Shares
|
Value
|
|
|
Multi-Utilities-(continued)
|
|||
|
CenterPoint Energy, Inc.
|
|
417,728
|
$16,579,624
|
|
CMS Energy Corp.
|
|
223,631
|
15,987,380
|
|
Consolidated Edison, Inc.
|
|
164,099
|
17,497,876
|
|
Dominion Energy, Inc.
|
|
269,662
|
16,225,563
|
|
DTE Energy Co.
|
|
120,439
|
16,184,593
|
|
NiSource, Inc.
|
|
378,823
|
16,778,071
|
|
Public Service Enterprise Group, Inc.
|
|
198,968
|
16,387,004
|
|
Sempra
|
|
175,777
|
15,294,357
|
|
WEC Energy Group, Inc.
|
|
151,040
|
16,715,597
|
|
|
|
|
164,189,014
|
|
Water Utilities-3.14%
|
|||
|
American Water Works Co., Inc.
|
|
121,637
|
15,706,986
|
|
Total Common Stocks & Other Equity Interests
(Cost $453,175,073)
|
500,308,418
|
||
|
|
|||
|
Money Market Funds-0.03%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(b)(c)
(Cost $161,245)
|
|
161,245
|
161,245
|
|
TOTAL INVESTMENTS IN SECURITIES-99.92%
(Cost $453,336,318)
|
500,469,663
|
||
|
OTHER ASSETS LESS LIABILITIES-0.08%
|
404,802
|
||
|
NET ASSETS-100.00%
|
$500,874,465
|
||
|
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)
|
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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$368,784
|
$10,338,334
|
$(10,545,873
)
|
$-
|
$-
|
$161,245
|
$14,522
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
4,071,590
|
83,068,141
|
(87,139,731
)
|
-
|
-
|
-
|
140,550
*
|
|
Invesco Private Prime Fund
|
10,595,028
|
169,945,857
|
(180,542,300
)
|
140
|
1,275
|
-
|
361,793
*
|
|
Total
|
$15,035,402
|
$263,352,332
|
$(278,227,904
)
|
$140
|
$1,275
|
$161,245
|
$516,865
|
|
*
|
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.
|
|
(c)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-100.02%
|
|||
|
Consumer Discretionary-16.55%
|
|||
|
Abercrombie & Fitch Co., Class A(b)
|
|
70,322
|
$6,865,537
|
|
Chewy, Inc., Class A(b)
|
|
228,252
|
6,644,416
|
|
Choice Hotels International, Inc.(c)
|
|
82,332
|
8,463,730
|
|
Duolingo, Inc.(b)(c)
|
|
59,466
|
7,972,012
|
|
Graham Holdings Co., Class B
|
|
7,250
|
8,458,067
|
|
Grand Canyon Education, Inc.(b)
|
|
46,907
|
8,154,313
|
|
Texas Roadhouse, Inc.
|
|
43,652
|
7,851,249
|
|
Toll Brothers, Inc.
|
|
49,105
|
7,095,181
|
|
TopBuild Corp.(b)(c)
|
|
17,240
|
8,069,182
|
|
Valvoline, Inc.(b)(c)
|
|
244,467
|
7,998,960
|
|
Visteon Corp.
|
|
83,976
|
7,630,059
|
|
|
|
|
85,202,706
|
|
Consumer Staples-5.15%
|
|||
|
Coca-Cola Consolidated, Inc.
|
|
45,117
|
6,860,491
|
|
Maplebear, Inc.(b)
|
|
210,396
|
7,818,316
|
|
Pilgrim’s Pride Corp.
|
|
272,522
|
11,819,279
|
|
|
|
|
26,498,086
|
|
Energy-11.36%
|
|||
|
Matador Resources Co.
|
|
169,731
|
7,678,631
|
|
NOV, Inc.(c)
|
|
519,771
|
9,537,798
|
|
Permian Resources Corp.
|
|
732,466
|
11,814,677
|
|
TechnipFMC PLC (United Kingdom)
|
|
217,693
|
12,129,854
|
|
Valaris Ltd.(b)(c)
|
|
160,754
|
9,280,328
|
|
Weatherford International PLC
|
|
85,641
|
8,057,105
|
|
|
|
|
58,498,393
|
|
Financials-33.41%
|
|||
|
Bank OZK(c)
|
|
232,732
|
11,068,734
|
|
East West Bancorp, Inc.
|
|
94,202
|
10,780,477
|
|
Euronet Worldwide, Inc.(b)(c)
|
|
108,401
|
7,854,736
|
|
F.N.B. Corp.
|
|
391,446
|
6,869,877
|
|
Hamilton Lane, Inc., Class A
|
|
82,075
|
11,592,273
|
|
International Bancshares Corp.
|
|
104,165
|
7,254,051
|
|
Kinsale Capital Group, Inc.
|
|
31,146
|
12,330,078
|
|
Pinnacle Financial Partners, Inc.
|
|
93,250
|
8,867,143
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
49,991
|
14,082,465
|
|
SouthState Bank Corp.
|
|
67,785
|
6,936,439
|
|
Texas Capital Bancshares, Inc.(b)
|
|
75,090
|
7,596,855
|
|
UMB Financial Corp.
|
|
75,796
|
9,636,703
|
|
United Bankshares, Inc.
|
|
183,310
|
7,759,512
|
|
Valley National Bancorp
|
|
605,523
|
7,544,817
|
|
Voya Financial, Inc.
|
|
119,304
|
9,145,845
|
|
Webster Financial Corp.
|
|
110,774
|
7,285,606
|
|
Western Alliance Bancorporation
|
|
107,514
|
9,584,873
|
|
Wintrust Financial Corp.
|
|
58,247
|
8,590,850
|
|
Zions Bancorporation N.A.
|
|
120,593
|
7,224,727
|
|
|
|
|
172,006,061
|
|
|
Shares
|
Value
|
|
|
Health Care-11.73%
|
|||
|
Doximity, Inc., Class A(b)
|
|
147,736
|
$5,535,668
|
|
Exelixis, Inc.(b)
|
|
191,185
|
7,907,411
|
|
Halozyme Therapeutics, Inc.(b)
|
|
177,449
|
12,724,868
|
|
Lantheus Holdings, Inc.(b)(c)
|
|
232,735
|
15,574,626
|
|
Medpace Holdings, Inc.(b)
|
|
18,769
|
10,932,567
|
|
United Therapeutics Corp.(b)
|
|
16,479
|
7,736,726
|
|
|
|
|
60,411,866
|
|
Industrials-10.17%
|
|||
|
Carpenter Technology Corp.
|
|
32,909
|
10,459,468
|
|
ExlService Holdings, Inc.(b)
|
|
187,562
|
7,343,052
|
|
KBR, Inc.
|
|
185,214
|
7,929,011
|
|
MSA Safety, Inc.
|
|
58,229
|
10,315,267
|
|
Paylocity Holding Corp.(b)
|
|
62,060
|
8,376,859
|
|
Sterling Infrastructure, Inc.(b)
|
|
22,103
|
7,910,885
|
|
|
|
|
52,334,542
|
|
Information Technology-11.65%
|
|||
|
AppFolio, Inc., Class A(b)
|
|
59,543
|
11,306,025
|
|
DocuSign, Inc.(b)
|
|
137,511
|
7,224,828
|
|
Dynatrace, Inc.(b)
|
|
246,315
|
9,382,138
|
|
Fabrinet (Thailand)(b)(c)
|
|
13,292
|
6,505,637
|
|
Manhattan Associates, Inc.(b)
|
|
42,511
|
6,419,586
|
|
Qualys, Inc.(b)
|
|
50,219
|
6,623,886
|
|
Rambus, Inc.(b)
|
|
110,199
|
12,543,952
|
|
|
|
|
60,006,052
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.02%
(Cost $485,217,736)
|
514,957,706
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-6.35%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
9,094,297
|
9,094,297
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
23,596,509
|
23,603,588
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $32,697,885)
|
32,697,885
|
||
|
TOTAL INVESTMENTS IN SECURITIES-106.37%
(Cost $517,915,621)
|
547,655,591
|
||
|
OTHER ASSETS LESS LIABILITIES-(6.37)%
|
(32,786,047
)
|
||
|
NET ASSETS-100.00%
|
$514,869,544
|
||
|
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 January 31, 2026.
|
|
(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 nine months ended January 31, 2026.
|
|
|
Value
April 30, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
January 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$201,173
|
$8,373,415
|
$(8,574,588
)
|
$-
|
$-
|
$-
|
$14,602
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
31,002,233
|
167,482,823
|
(189,390,759
)
|
-
|
-
|
9,094,297
|
505,024
*
|
|
Invesco Private Prime Fund
|
80,728,791
|
357,858,843
|
(414,987,201
)
|
3,515
|
(360
)
|
23,603,588
|
1,366,899
*
|
|
Total
|
$111,932,197
|
$533,715,081
|
$(612,952,548
)
|
$3,515
|
$(360
)
|
$32,697,885
|
$1,886,525
|
|
*
|
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 January 31, 2026.
|
|
(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 S&P 500® Equal Weight ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$81,551,846,434
|
$-
|
$-
|
$81,551,846,434
|
|
Money Market Funds
|
97,623,796
|
3,017,832,173
|
-
|
3,115,455,969
|
|
Total Investments in Securities
|
81,649,470,230
|
3,017,832,173
|
-
|
84,667,302,403
|
|
Other Investments - Assets*
|
|
|
|
|
|
Futures Contracts
|
1,395,700
|
-
|
-
|
1,395,700
|
|
Total Investments
|
$81,650,865,930
|
$3,017,832,173
|
$-
|
$84,668,698,103
|
|
Invesco S&P 500® Equal Weight Communication Services ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$74,018,193
|
$-
|
$-
|
$74,018,193
|
|
Money Market Funds
|
13,408
|
3,993,154
|
-
|
4,006,562
|
|
Total Investments
|
$74,031,601
|
$3,993,154
|
$-
|
$78,024,755
|
|
Invesco S&P 500® Equal Weight Consumer Staples ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$253,311,280
|
$-
|
$-
|
$253,311,280
|
|
Money Market Funds
|
-
|
7,244,517
|
-
|
7,244,517
|
|
Total Investments
|
$253,311,280
|
$7,244,517
|
$-
|
$260,555,797
|
|
Invesco S&P 500® Equal Weight Energy ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$539,377,387
|
$-
|
$-
|
$539,377,387
|
|
Money Market Funds
|
307,346
|
7,909,360
|
-
|
8,216,706
|
|
Total Investments
|
$539,684,733
|
$7,909,360
|
$-
|
$547,594,093
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P 500® Equal Weight Health Care ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$758,690,686
|
$-
|
$-
|
$758,690,686
|
|
Money Market Funds
|
236,160
|
18,429,162
|
-
|
18,665,322
|
|
Total Investments
|
$758,926,846
|
$18,429,162
|
$-
|
$777,356,008
|
|
Invesco S&P 500® Equal Weight Industrials ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$953,504,400
|
$-
|
$-
|
$953,504,400
|
|
Money Market Funds
|
920,739
|
47,464
|
-
|
968,203
|
|
Total Investments
|
$954,425,139
|
$47,464
|
$-
|
$954,472,603
|
|
Invesco S&P 500® Equal Weight Materials ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$172,558,418
|
$-
|
$-
|
$172,558,418
|
|
Money Market Funds
|
95,161
|
6,466,544
|
-
|
6,561,705
|
|
Total Investments
|
$172,653,579
|
$6,466,544
|
$-
|
$179,120,123
|
|
Invesco S&P 500® Equal Weight Technology ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$4,073,532,171
|
$-
|
$-
|
$4,073,532,171
|
|
Money Market Funds
|
3,981,325
|
176,462,029
|
-
|
180,443,354
|
|
Total Investments
|
$4,077,513,496
|
$176,462,029
|
$-
|
$4,253,975,525
|
|
Invesco S&P MidCap 400® GARP ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$514,957,706
|
$-
|
$-
|
$514,957,706
|
|
Money Market Funds
|
-
|
32,697,885
|
-
|
32,697,885
|
|
Total Investments
|
$514,957,706
|
$32,697,885
|
$-
|
$547,655,591
|
|
*
|
Unrealized appreciation (depreciation).
|