|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-100.06%
|
|||
|
Aerospace & Defense-78.48%
|
|||
|
AAR Corp.(b)(c)
|
|
257,954
|
$27,319,908
|
|
AeroVironment, Inc.(b)(c)
|
|
325,348
|
90,573,630
|
|
AIRO Group Holdings, Inc.(b)(c)
|
|
204,046
|
2,099,633
|
|
Axon Enterprise, Inc.(b)
|
|
237,731
|
114,961,957
|
|
Boeing Co. (The)(b)
|
|
2,910,553
|
680,254,447
|
|
BWX Technologies, Inc.(c)
|
|
424,494
|
87,203,802
|
|
Cadre Holdings, Inc.
|
|
211,942
|
8,479,799
|
|
CAE, Inc. (Canada)(b)
|
|
2,095,282
|
67,132,835
|
|
Curtiss-Wright Corp.
|
|
165,826
|
108,896,276
|
|
Ducommun, Inc.(b)(c)
|
|
93,567
|
10,605,820
|
|
Elbit Systems Ltd. (Israel)(c)
|
|
302,644
|
212,628,595
|
|
Firefly Aerospace, Inc.(b)(c)
|
|
518,844
|
13,074,869
|
|
General Dynamics Corp.
|
|
1,106,863
|
388,608,531
|
|
General Electric Co.
|
|
2,005,306
|
615,207,828
|
|
HEICO Corp.(c)
|
|
323,783
|
107,143,033
|
|
Hexcel Corp.(c)
|
|
482,525
|
39,957,895
|
|
Howmet Aerospace, Inc.
|
|
1,374,805
|
286,069,424
|
|
Huntington Ingalls Industries, Inc.
|
|
244,273
|
102,719,239
|
|
Karman Holdings, Inc.(b)(c)
|
|
618,974
|
64,249,501
|
|
Kratos Defense & Security Solutions,
Inc.(b)
|
|
1,100,178
|
113,329,336
|
|
L3Harris Technologies, Inc.(c)
|
|
969,774
|
332,487,016
|
|
Leonardo DRS, Inc.(c)
|
|
1,594,711
|
65,478,834
|
|
Loar Holdings, Inc.(b)(c)
|
|
320,378
|
21,971,523
|
|
Lockheed Martin Corp.
|
|
1,118,188
|
709,177,193
|
|
Mercury Systems, Inc.(b)(c)
|
|
391,643
|
36,767,445
|
|
Moog, Inc., Class A
|
|
139,411
|
42,569,149
|
|
Northrop Grumman Corp.
|
|
689,649
|
477,416,417
|
|
Redwire Corp.(b)(c)
|
|
1,076,070
|
12,643,823
|
|
Rocket Lab Corp.(b)(c)
|
|
1,740,287
|
139,344,780
|
|
RTX Corp.
|
|
3,398,982
|
682,957,453
|
|
StandardAero, Inc.(b)(c)
|
|
2,113,997
|
65,301,367
|
|
Textron, Inc.
|
|
895,810
|
78,885,029
|
|
TransDigm Group, Inc.
|
|
155,709
|
222,280,826
|
|
V2X, Inc.(b)(c)
|
|
184,922
|
12,728,181
|
|
Voyager Technologies, Inc., Class A(b)(c)
|
|
254,172
|
7,759,871
|
|
Woodward, Inc.(c)
|
|
259,175
|
82,376,182
|
|
|
|
|
6,130,661,447
|
|
Communications Equipment-0.44%
|
|||
|
Viasat, Inc.(b)
|
|
761,685
|
34,405,311
|
|
Diversified Telecommunication Services-0.06%
|
|||
|
Iridium Communications, Inc.(c)
|
|
250,407
|
4,988,107
|
|
Electrical Equipment-1.71%
|
|||
|
Eaton Corp. PLC
|
|
379,638
|
133,412,386
|
|
Electronic Equipment, Instruments & Components-4.61%
|
|||
|
Amphenol Corp., Class A
|
|
1,355,984
|
195,370,175
|
|
Keysight Technologies, Inc.(b)
|
|
206,096
|
44,584,748
|
|
nLight, Inc.(b)
|
|
224,996
|
10,262,067
|
|
|
Shares
|
Value
|
|
|
Electronic Equipment, Instruments & Components-(continued)
|
|||
|
OSI Systems, Inc.(b)(c)
|
|
81,878
|
$20,480,963
|
|
Teledyne Technologies, Inc.(b)
|
|
94,819
|
58,816,226
|
|
TTM Technologies, Inc.(b)(c)
|
|
309,740
|
30,416,468
|
|
|
|
|
359,930,647
|
|
Industrial Conglomerates-4.25%
|
|||
|
Honeywell International, Inc.
|
|
1,460,417
|
332,274,076
|
|
Machinery-3.44%
|
|||
|
Oshkosh Corp.(c)
|
|
142,115
|
20,438,979
|
|
Parker-Hannifin Corp.
|
|
265,385
|
248,357,899
|
|
|
|
|
268,796,878
|
|
Metals & Mining-0.96%
|
|||
|
ATI, Inc.(b)
|
|
623,565
|
75,014,869
|
|
Professional Services-4.98%
|
|||
|
Amentum Holdings, Inc.(b)(c)
|
|
1,021,338
|
36,543,474
|
|
BlackSky Technology, Inc.(b)(c)
|
|
234,594
|
5,177,490
|
|
Booz Allen Hamilton Holding Corp.(c)
|
|
552,441
|
48,846,833
|
|
CACI International, Inc., Class A(b)(c)
|
|
122,962
|
76,307,758
|
|
KBR, Inc.
|
|
599,903
|
25,681,847
|
|
Leidos Holdings, Inc.
|
|
554,345
|
104,372,077
|
|
Parsons Corp.(b)(c)
|
|
298,401
|
20,905,974
|
|
Planet Labs PBC(b)(c)
|
|
1,906,069
|
47,594,543
|
|
Science Applications International Corp.
|
|
228,590
|
23,261,318
|
|
|
|
|
388,691,314
|
|
Software-1.13%
|
|||
|
C3.ai, Inc., Class A(b)(c)
|
|
217,370
|
2,393,244
|
|
Palantir Technologies, Inc., Class A(b)
|
|
583,819
|
85,582,027
|
|
|
|
|
87,975,271
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.06%
(Cost $5,204,314,609)
|
7,816,150,306
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-5.22%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
114,134,462
|
114,134,462
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
293,556,418
|
293,644,485
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $407,778,947)
|
407,778,947
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.28%
(Cost $5,612,093,556)
|
8,223,929,253
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.28)%
|
(412,330,122
)
|
||
|
NET ASSETS-100.00%
|
$7,811,599,131
|
||
|
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
|
$2,020,998
|
$51,707,557
|
$(53,728,555
)
|
$-
|
$-
|
$-
|
$114,991
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
96,657,557
|
820,491,380
|
(803,014,475
)
|
-
|
-
|
114,134,462
|
2,804,849
*
|
|
Invesco Private Prime
Fund
|
246,374,175
|
1,313,257,653
|
(1,266,001,850
)
|
17,717
|
(3,210
)
|
293,644,485
|
7,544,679
*
|
|
Total
|
$345,052,730
|
$2,185,456,590
|
$(2,122,744,880
)
|
$17,717
|
$(3,210
)
|
$407,778,947
|
$10,464,519
|
|
*
|
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-99.94%
|
|||
|
Communication Services-1.96%
|
|||
|
Charter Communications, Inc., Class A(b)
|
|
10,243
|
$2,111,287
|
|
Consumer Discretionary-10.02%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
17,376
|
2,247,933
|
|
Marriott International, Inc., Class A
|
|
6,992
|
2,204,578
|
|
Tractor Supply Co.
|
|
37,848
|
1,925,706
|
|
Williams-Sonoma, Inc.
|
|
11,388
|
2,330,554
|
|
Yum! Brands, Inc.
|
|
13,407
|
2,084,789
|
|
|
|
|
10,793,560
|
|
Consumer Staples-20.90%
|
|||
|
Archer-Daniels-Midland Co.
|
|
34,158
|
2,299,175
|
|
Clorox Co. (The)
|
|
20,210
|
2,279,486
|
|
Colgate-Palmolive Co.
|
|
25,341
|
2,288,039
|
|
Dollar General Corp.
|
|
19,955
|
2,862,145
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
23,147
|
2,668,386
|
|
Hershey Co. (The)
|
|
10,900
|
2,122,775
|
|
Hormel Foods Corp.
|
|
89,612
|
2,205,351
|
|
J.M. Smucker Co. (The)
|
|
18,995
|
1,991,816
|
|
Kimberly-Clark Corp.
|
|
19,425
|
1,942,306
|
|
McCormick & Co., Inc.
|
|
29,795
|
1,842,225
|
|
|
|
|
22,501,704
|
|
Financials-3.76%
|
|||
|
FactSet Research Systems, Inc.
|
|
7,453
|
1,895,745
|
|
Jack Henry & Associates, Inc.
|
|
11,998
|
2,150,162
|
|
|
|
|
4,045,907
|
|
Health Care-9.54%
|
|||
|
Bristol-Myers Squibb Co.
|
|
43,427
|
2,390,657
|
|
Medtronic PLC
|
|
19,822
|
2,040,873
|
|
Mettler-Toledo International, Inc.(b)
|
|
1,416
|
1,944,508
|
|
Waters Corp.(b)
|
|
5,281
|
1,957,772
|
|
Zimmer Biomet Holdings, Inc.
|
|
22,230
|
1,935,566
|
|
|
|
|
10,269,376
|
|
Industrials-37.42%
|
|||
|
Allegion PLC
|
|
12,376
|
2,046,867
|
|
C.H. Robinson Worldwide, Inc.
|
|
13,139
|
2,561,448
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Caterpillar, Inc.
|
|
3,593
|
$2,361,894
|
|
Cintas Corp.
|
|
10,838
|
2,074,285
|
|
Cummins, Inc.
|
|
4,201
|
2,431,623
|
|
Deere & Co.
|
|
4,185
|
2,209,680
|
|
Expeditors International of Washington, Inc.
|
|
14,294
|
2,294,759
|
|
Graco, Inc.
|
|
25,061
|
2,188,577
|
|
Lennox International, Inc.
|
|
4,450
|
2,203,106
|
|
Northrop Grumman Corp.
|
|
3,518
|
2,435,371
|
|
Old Dominion Freight Line, Inc.
|
|
15,595
|
2,701,054
|
|
Otis Worldwide Corp.
|
|
22,973
|
1,962,354
|
|
PACCAR, Inc.
|
|
20,609
|
2,533,052
|
|
Paycom Software, Inc.
|
|
12,354
|
1,664,701
|
|
Rockwell Automation, Inc.
|
|
5,336
|
2,249,924
|
|
Rollins, Inc.
|
|
33,511
|
2,122,587
|
|
Snap-on, Inc.
|
|
6,021
|
2,204,348
|
|
Trane Technologies PLC
|
|
4,885
|
2,054,533
|
|
|
|
|
40,300,163
|
|
Information Technology-9.01%
|
|||
|
Cognizant Technology Solutions Corp., Class A
|
|
27,508
|
2,257,306
|
|
DocuSign, Inc.(b)
|
|
30,579
|
1,606,621
|
|
NetApp, Inc.
|
|
18,721
|
1,803,768
|
|
Palantir Technologies, Inc., Class A(b)
|
|
12,023
|
1,762,452
|
|
Zoom Communications, Inc., Class A(b)
|
|
24,642
|
2,269,528
|
|
|
|
|
9,699,675
|
|
Utilities-7.33%
|
|||
|
Alliant Energy Corp.
|
|
29,582
|
1,949,750
|
|
American Electric Power Co., Inc.
|
|
16,338
|
1,956,884
|
|
CenterPoint Energy, Inc.
|
|
50,202
|
1,992,517
|
|
WEC Energy Group, Inc.
|
|
18,051
|
1,997,704
|
|
|
|
|
7,896,855
|
|
TOTAL INVESTMENTS IN SECURITIES-99.94%
(Cost $101,248,806)
|
107,618,527
|
||
|
OTHER ASSETS LESS LIABILITIES-0.06%
|
66,094
|
||
|
NET ASSETS-100.00%
|
$107,684,621
|
||
|
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.
|
|
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
|
$99,437
|
$2,904,899
|
$(3,004,336
)
|
$-
|
$-
|
$-
|
$1,914
|
|
|
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
|
$2,821,775
|
$36,820,677
|
$(39,642,452
)
|
$-
|
$-
|
$-
|
$52,181
*
|
|
Invesco Private Prime Fund
|
5,059,744
|
94,847,058
|
(99,906,986
)
|
-
|
184
|
-
|
140,482
*
|
|
Total
|
$7,980,956
|
$134,572,634
|
$(142,553,774
)
|
$-
|
$184
|
$-
|
$194,577
|
|
*
|
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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-100.02%
|
|||
|
Communication Services-1.95%
|
|||
|
Alphabet, Inc., Class A
|
|
57,007
|
$19,268,366
|
|
Reddit, Inc., Class A(b)
|
|
38,066
|
6,862,158
|
|
|
|
|
26,130,524
|
|
Consumer Discretionary-7.70%
|
|||
|
Carvana Co.(b)
|
|
64,706
|
25,954,224
|
|
Expedia Group, Inc.
|
|
29,464
|
7,803,246
|
|
General Motors Co.
|
|
97,590
|
8,197,560
|
|
Hilton Worldwide Holdings, Inc.
|
|
27,770
|
8,289,623
|
|
Las Vegas Sands Corp.
|
|
112,208
|
5,916,728
|
|
Ralph Lauren Corp.
|
|
29,029
|
10,259,139
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
367,424
|
5,419,504
|
|
Tapestry, Inc.
|
|
101,063
|
12,825,905
|
|
Tesla, Inc.(b)
|
|
21,220
|
9,133,300
|
|
Williams-Sonoma, Inc.
|
|
45,704
|
9,353,323
|
|
|
|
|
103,152,552
|
|
Consumer Staples-3.54%
|
|||
|
Casey’s General Stores, Inc.
|
|
17,540
|
10,638,010
|
|
Dollar General Corp.
|
|
54,966
|
7,883,773
|
|
Dollar Tree, Inc.(b)
|
|
61,360
|
7,215,323
|
|
Performance Food Group Co.(b)
|
|
141,365
|
13,493,289
|
|
Walmart, Inc.
|
|
69,371
|
8,264,861
|
|
|
|
|
47,495,256
|
|
Financials-6.87%
|
|||
|
American Express Co.
|
|
21,663
|
7,629,059
|
|
Bank of New York Mellon Corp. (The)
|
|
66,494
|
7,973,960
|
|
Capital One Financial Corp.
|
|
31,237
|
6,838,716
|
|
Goldman Sachs Group, Inc. (The)
|
|
10,691
|
10,000,468
|
|
Interactive Brokers Group, Inc., Class A
|
|
178,361
|
13,355,672
|
|
Invesco Ltd.(d)
|
|
282,598
|
7,712,099
|
|
JPMorgan Chase & Co.
|
|
24,222
|
7,409,268
|
|
Popular, Inc.
|
|
61,984
|
8,276,724
|
|
Raymond James Financial, Inc.
|
|
46,149
|
7,654,273
|
|
Stifel Financial Corp.
|
|
65,967
|
8,133,731
|
|
Synchrony Financial
|
|
97,995
|
7,117,377
|
|
|
|
|
92,101,347
|
|
Health Care-13.14%
|
|||
|
BridgeBio Pharma, Inc.(b)(c)
|
|
176,002
|
13,599,675
|
|
Cardinal Health, Inc.
|
|
57,548
|
12,365,914
|
|
Cencora, Inc.
|
|
24,494
|
8,798,735
|
|
Ensign Group, Inc. (The)(c)
|
|
80,418
|
13,804,554
|
|
Exelixis, Inc.(b)
|
|
170,901
|
7,068,465
|
|
Insmed, Inc.(b)
|
|
117,077
|
18,365,869
|
|
Intuitive Surgical, Inc.(b)
|
|
27,415
|
13,823,191
|
|
McKesson Corp.
|
|
16,716
|
13,894,506
|
|
Medpace Holdings, Inc.(b)
|
|
46,072
|
26,836,019
|
|
Natera, Inc.(b)
|
|
64,724
|
14,960,305
|
|
Roivant Sciences Ltd.(b)
|
|
365,985
|
7,912,596
|
|
Tenet Healthcare Corp.(b)
|
|
92,194
|
17,450,480
|
|
United Therapeutics Corp.(b)
|
|
15,222
|
7,146,577
|
|
|
|
|
176,026,886
|
|
Industrials-28.62%
|
|||
|
API Group Corp.(b)
|
|
421,948
|
17,540,378
|
|
Armstrong World Industries, Inc.
|
|
41,985
|
7,714,324
|
|
ATI, Inc.(b)
|
|
197,249
|
23,729,055
|
|
C.H. Robinson Worldwide, Inc.
|
|
47,473
|
9,254,861
|
|
Carpenter Technology Corp.
|
|
73,952
|
23,504,164
|
|
Caterpillar, Inc.
|
|
18,865
|
12,401,096
|
|
Comfort Systems USA, Inc.
|
|
35,734
|
40,811,802
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Cummins, Inc.
|
|
14,864
|
$8,603,581
|
|
Curtiss-Wright Corp.
|
|
25,299
|
16,613,600
|
|
Dycom Industries, Inc.(b)
|
|
31,049
|
11,313,945
|
|
Ferguson Enterprises, Inc.
|
|
33,208
|
8,383,692
|
|
FTAI Aviation Ltd.
|
|
45,487
|
12,387,020
|
|
GE Vernova, Inc.
|
|
24,017
|
17,445,228
|
|
General Electric Co.
|
|
45,167
|
13,856,784
|
|
HEICO Corp.(c)
|
|
23,852
|
7,892,865
|
|
Howmet Aerospace, Inc.
|
|
116,152
|
24,168,908
|
|
Leidos Holdings, Inc.
|
|
49,480
|
9,316,094
|
|
MasTec, Inc.(b)
|
|
55,696
|
13,393,774
|
|
Mueller Industries, Inc.
|
|
143,430
|
19,526,560
|
|
Parker-Hannifin Corp.
|
|
14,182
|
13,272,083
|
|
Quanta Services, Inc.
|
|
50,331
|
23,888,603
|
|
RBC Bearings, Inc.(b)
|
|
17,904
|
8,946,092
|
|
SPX Technologies, Inc.(b)
|
|
58,625
|
12,218,036
|
|
United Airlines Holdings, Inc.(b)
|
|
81,005
|
8,288,432
|
|
Wabtec Corp.
|
|
36,851
|
8,480,889
|
|
Woodward, Inc.
|
|
32,894
|
10,455,029
|
|
|
|
|
383,406,895
|
|
Information Technology-33.24%
|
|||
|
Amphenol Corp., Class A
|
|
258,715
|
37,275,657
|
|
Apple, Inc.
|
|
144,737
|
37,556,357
|
|
Applied Materials, Inc.
|
|
68,620
|
22,117,598
|
|
AppLovin Corp., Class A(b)
|
|
52,679
|
24,922,962
|
|
Broadcom, Inc.
|
|
107,122
|
35,489,519
|
|
Ciena Corp.(b)
|
|
67,105
|
16,897,710
|
|
Coherent Corp.(b)
|
|
59,503
|
12,625,347
|
|
Corning, Inc.
|
|
97,732
|
10,090,829
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
23,386
|
10,322,697
|
|
First Solar, Inc.(b)
|
|
29,093
|
6,561,053
|
|
Intel Corp.(b)
|
|
205,992
|
9,572,448
|
|
International Business Machines Corp.
|
|
25,665
|
7,871,455
|
|
IonQ, Inc.(b)(c)
|
|
184,807
|
7,388,584
|
|
Jabil, Inc.
|
|
69,922
|
16,584,799
|
|
KLA Corp.
|
|
18,783
|
26,820,997
|
|
Lam Research Corp.
|
|
76,943
|
17,963,113
|
|
MACOM Technology Solutions Holdings,
Inc.(b)
|
|
112,612
|
24,668,785
|
|
Micron Technology, Inc.
|
|
51,731
|
21,462,157
|
|
Microsoft Corp.
|
|
31,654
|
13,620,400
|
|
MongoDB, Inc.(b)
|
|
21,925
|
8,141,410
|
|
Pegasystems, Inc.
|
|
141,471
|
6,180,868
|
|
Rambus, Inc.(b)
|
|
91,281
|
10,390,516
|
|
Rubrik, Inc., Class A(b)(c)
|
|
119,404
|
6,680,654
|
|
Seagate Technology Holdings PLC
|
|
48,902
|
19,936,856
|
|
Teradyne, Inc.
|
|
46,351
|
11,172,909
|
|
Western Digital Corp.
|
|
91,974
|
23,014,654
|
|
|
|
|
445,330,334
|
|
Materials-3.08%
|
|||
|
Albemarle Corp.
|
|
66,304
|
11,313,452
|
|
CRH PLC
|
|
79,783
|
9,766,237
|
|
Newmont Corp.
|
|
102,303
|
11,493,742
|
|
Royal Gold, Inc.
|
|
33,204
|
8,742,945
|
|
|
|
|
41,316,376
|
|
Real Estate-1.88%
|
|||
|
CBRE Group, Inc., Class A(b)
|
|
49,498
|
8,430,994
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Jones Lang LaSalle, Inc.(b)
|
|
22,713
|
$8,129,210
|
|
Welltower, Inc.
|
|
45,489
|
8,568,308
|
|
|
|
|
25,128,512
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,113,988,713)
|
1,340,088,682
|
||
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $847,791)
|
|
847,791
|
847,791
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.08%
(Cost $1,114,836,504)
|
1,340,936,473
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.60%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
5,638,185
|
$5,638,185
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
15,782,900
|
15,787,635
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $21,425,820)
|
21,425,820
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.68%
(Cost $1,136,262,324)
|
1,362,362,293
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.68)%
|
(22,574,177
)
|
||
|
NET ASSETS-100.00%
|
$1,339,788,116
|
||
|
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.
|
$-
|
$7,494,936
|
$(73,159
)
|
$284,963
|
$5,359
|
$7,712,099
|
$-
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
688,015
|
9,683,852
|
(9,524,076
)
|
-
|
-
|
847,791
|
29,731
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
9,934,378
|
230,756,095
|
(235,052,288
)
|
-
|
-
|
5,638,185
|
598,401
*
|
|
Invesco Private Prime Fund
|
25,842,465
|
511,642,415
|
(521,701,189
)
|
340
|
3,604
|
15,787,635
|
1,632,361
*
|
|
Total
|
$36,464,858
|
$759,577,298
|
$(766,350,712
)
|
$285,303
|
$8,963
|
$29,985,710
|
$2,260,493
|
|
*
|
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-90.96%
|
|||
|
Capital Markets-69.20%
|
|||
|
3i Group PLC (United Kingdom)
|
|
377,418
|
$17,387,684
|
|
Alaris Equity Partners Income (Canada)
|
|
112,221
|
1,789,205
|
|
Ares Capital Corp.(b)
|
|
425,723
|
8,467,630
|
|
Blackstone Secured Lending Fund(b)
|
|
114,941
|
2,949,386
|
|
Blackstone, Inc., Class A
|
|
101,588
|
14,468,163
|
|
Blue Owl Capital Corp., BDC(b)
|
|
241,398
|
2,896,776
|
|
Blue Owl Capital, Inc.(b)
|
|
951,773
|
12,982,184
|
|
Blue Owl Technology Finance Corp.(b)
|
|
223,344
|
2,977,175
|
|
Bridgepoint Group PLC (United Kingdom)(c)
|
|
1,525,387
|
5,690,198
|
|
Capital Southwest Corp., BDC(b)
|
|
37,215
|
872,320
|
|
Carlyle Group, Inc. (The)
|
|
156,693
|
9,210,415
|
|
Chrysalis Investments Ltd. (Guernsey)(d)
|
|
1,077,241
|
1,564,155
|
|
CVC Capital Partners PLC (Luxembourg)(b)(c)
|
|
989,263
|
17,639,777
|
|
EQT AB (Sweden)(b)
|
|
440,666
|
16,830,192
|
|
Fairfax India Holdings Corp. (India)(c)(d)
|
|
198,417
|
3,388,962
|
|
FS KKR Capital Corp., BDC(b)
|
|
105,240
|
1,451,260
|
|
Georgia Capital PLC (Georgia)(d)
|
|
64,184
|
2,976,329
|
|
Gimv N.V. (Belgium)(b)
|
|
79,364
|
4,301,525
|
|
Gladstone Investment Corp.(b)
|
|
58,361
|
807,133
|
|
Goldman Sachs BDC, Inc., BDC(b)
|
|
80,707
|
760,260
|
|
Golub Capital BDC, Inc.(b)
|
|
114,018
|
1,526,701
|
|
Hamilton Lane, Inc., Class A(b)
|
|
51,981
|
7,341,796
|
|
Hercules Capital, Inc.(b)
|
|
85,726
|
1,588,503
|
|
Integral Corp. (Japan)(b)
|
|
77,823
|
1,794,240
|
|
IP Group PLC (United Kingdom)(d)
|
|
1,963,668
|
1,599,291
|
|
JAFCO Group Co. Ltd. (Japan)
|
|
159,640
|
2,528,276
|
|
Kayne Anderson BDC, Inc.(b)
|
|
53,034
|
751,492
|
|
KKR & Co., Inc., Class A
|
|
119,433
|
13,646,415
|
|
Main Street Capital Corp.(b)
|
|
53,580
|
3,418,404
|
|
Molten Ventures PLC (United Kingdom)(d)
|
|
502,450
|
3,492,964
|
|
Mutares SE & Co. KGaA (Germany)(b)
|
|
49,098
|
1,904,294
|
|
Oaktree Specialty Lending Corp.(b)
|
|
59,597
|
734,235
|
|
Onex Corp. (Canada)
|
|
119,530
|
10,241,015
|
|
P10, Inc., Class A(b)
|
|
82,676
|
891,247
|
|
Partners Group Holding AG (Switzerland)(b)
|
|
12,996
|
17,789,661
|
|
Patria Investments Ltd., Class A (Cayman
Islands)(b)
|
|
160,352
|
2,342,743
|
|
Ratos AB, Class B (Sweden)
|
|
624,922
|
2,687,760
|
|
Seraphim Space Investment Trust PLC
(United Kingdom)(b)(d)
|
|
745,376
|
1,317,511
|
|
Sixth Street Specialty Lending, Inc.(b)
|
|
36,018
|
790,595
|
|
StepStone Group, Inc., Class A
|
|
103,550
|
7,319,949
|
|
STIC Investments, Inc. (South Korea)(d)
|
|
111,621
|
904,079
|
|
SuRo Capital Corp.
|
|
86,268
|
805,743
|
|
TPG, Inc.
|
|
250,557
|
14,760,313
|
|
Trinity Capital, Inc., BDC
|
|
54,542
|
917,942
|
|
Woori Technology Investment Co. Ltd. (South
Korea)(d)
|
|
142,618
|
835,364
|
|
|
|
|
231,341,262
|
|
Consumer Staples Distribution & Retail-1.97%
|
|||
|
Sonae SGPS S.A. (Portugal)
|
|
3,133,930
|
6,600,542
|
|
Diversified Consumer Services-1.57%
|
|||
|
Graham Holdings Co., Class B
|
|
4,490
|
5,238,169
|
|
|
Shares
|
Value
|
|
|
Financial Services-15.77%
|
|||
|
Compass Diversified Holdings(b)
|
|
283,950
|
$1,865,551
|
|
Eurazeo SE (France)
|
|
153,501
|
9,254,110
|
|
HAL Trust (Netherlands)
|
|
83,379
|
15,445,790
|
|
Kinnevik AB, Class B (Sweden)(b)(d)
|
|
709,759
|
5,861,520
|
|
Sofina S.A. (Belgium)(b)
|
|
48,939
|
14,313,137
|
|
Wendel SE (France)
|
|
61,493
|
5,962,289
|
|
|
|
|
52,702,397
|
|
Industrial Conglomerates-1.72%
|
|||
|
Brookfield Business Corp., Class A
(Canada)(b)
|
|
90,182
|
3,217,955
|
|
Italmobiliare S.p.A. (Italy)(b)
|
|
76,469
|
2,534,183
|
|
|
|
|
5,752,138
|
|
Interactive Media & Services-0.73%
|
|||
|
IAC, Inc.(b)(d)
|
|
66,392
|
2,453,184
|
|
Total Common Stocks & Other Equity Interests
(Cost $268,115,011)
|
304,087,692
|
||
|
|
|||
|
Closed-End Funds-8.99%
|
|||
|
Destiny Tech100, Inc.(b)(d)
|
|
30,943
|
1,062,273
|
|
HBM Healthcare Investments AG
(Switzerland)
|
|
12,707
|
3,961,972
|
|
HgCapital Trust PLC (United Kingdom)(b)
|
|
1,133,779
|
7,043,874
|
|
NB Private Equity Partners Ltd. (Guernsey)
|
|
118,468
|
2,498,956
|
|
Oakley Capital Investments Ltd. (Bermuda)
|
|
443,431
|
3,239,587
|
|
Pantheon International PLC (United
Kingdom)(d)
|
|
1,141,189
|
5,909,076
|
|
Partners Group Private Equity Ltd.
(Guernsey)(b)
|
|
135,618
|
1,645,098
|
|
Schiehallion Fund Ltd. (The) (Guernsey)(c)(d)
|
|
2,159,781
|
3,847,257
|
|
Syncona Ltd. (United Kingdom)(b)(d)
|
|
633,143
|
857,195
|
|
Total Closed-End Funds
(Cost $25,445,554)
|
30,065,288
|
||
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.95%
(Cost $293,560,565)
|
334,152,980
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-28.95%
|
|||
|
Invesco Private Government Fund,
3.65%(e)(f)(g)
|
|
26,799,080
|
26,799,080
|
|
Invesco Private Prime Fund, 3.80%(e)(f)(g)
|
|
69,956,252
|
69,977,239
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $96,776,319)
|
96,776,319
|
||
|
TOTAL INVESTMENTS IN SECURITIES-128.90%
(Cost $390,336,884)
|
430,929,299
|
||
|
OTHER ASSETS LESS LIABILITIES-(28.90)%
|
(96,625,981
)
|
||
|
NET ASSETS-100.00%
|
$334,303,318
|
||
|
Investment Abbreviations:
|
|
|
BDC
|
-Business Development Company
|
|
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)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
January 31, 2026 was $30,566,194, which represented 9.14% of the Fund’s Net Assets.
|
|
(d)
|
Non-income producing security.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the 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
|
$-
|
$17,659,415
|
$(17,659,415
)
|
$-
|
$-
|
$-
|
$8,009
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
19,792,924
|
150,389,492
|
(143,383,336
)
|
-
|
-
|
26,799,080
|
581,018
*
|
|
Invesco Private Prime Fund
|
51,480,411
|
290,507,907
|
(272,013,024
)
|
2,708
|
(763
)
|
69,977,239
|
1,563,051
*
|
|
Total
|
$71,273,335
|
$458,556,814
|
$(433,055,775
)
|
$2,708
|
$(763
)
|
$96,776,319
|
$2,152,078
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
This Fund has holdings greater than 10% of net assets in the following country:
|
|
|
United Kingdom
|
12.94%
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.91%
|
|||
|
Communication Services-24.64%
|
|||
|
Autohome, Inc., ADR
|
|
50,203
|
$1,106,474
|
|
Baidu, Inc., ADR(b)(c)
|
|
87,859
|
13,458,242
|
|
Bilibili, Inc., ADR(b)(c)
|
|
87,484
|
2,977,955
|
|
Hello Group, Inc., ADR
|
|
128,984
|
879,671
|
|
HUYA, Inc., ADR(c)
|
|
70,708
|
299,802
|
|
iQIYI, Inc., ADR(b)(c)
|
|
389,940
|
811,075
|
|
LZ Technology Holdings Ltd., B Shares(b)(c)
|
|
96,545
|
128,405
|
|
NetEase, Inc., ADR
|
|
59,545
|
7,671,182
|
|
Sohu.com Ltd., ADR(b)
|
|
23,043
|
390,118
|
|
So-Young International, Inc., ADR(c)
|
|
59,624
|
169,332
|
|
Tencent Music Entertainment Group, ADR
|
|
297,547
|
4,992,839
|
|
Weibo Corp., ADR(c)
|
|
66,011
|
698,397
|
|
Zhihu, Inc., ADR(b)
|
|
31,642
|
119,290
|
|
|
|
|
33,702,782
|
|
Consumer Discretionary-49.89%
|
|||
|
51 Talk Online Education Group, ADR(b)(c)
|
|
2,839
|
72,423
|
|
Alibaba Group Holding Ltd., ADR(c)
|
|
69,800
|
11,835,288
|
|
Atour Lifestyle Holdings Ltd., ADR
|
|
71,862
|
2,568,348
|
|
ATRenew, Inc., ADR(b)
|
|
103,553
|
608,892
|
|
Baozun, Inc., ADR(b)(c)
|
|
34,064
|
91,292
|
|
Cango, Inc.(b)(c)
|
|
209,759
|
258,004
|
|
Chagee Holdings Ltd., ADR(c)
|
|
12,581
|
147,449
|
|
ECARX Holdings, Inc.(b)(c)
|
|
241,360
|
434,448
|
|
Epsium Enterprise Ltd.(b)(c)
|
|
10,014
|
16,123
|
|
Gaotu Techedu, Inc., ADR(b)(c)
|
|
113,081
|
255,563
|
|
H World Group Ltd., ADR(c)
|
|
103,432
|
4,914,054
|
|
Here Group Ltd., ADR(b)(c)
|
|
19,508
|
93,833
|
|
Hesai Group, ADR(b)(c)
|
|
7,542
|
180,028
|
|
JD.com, Inc., ADR
|
|
343,986
|
9,796,721
|
|
Li Auto, Inc., ADR(b)(c)
|
|
152,775
|
2,540,648
|
|
MINISO Group Holding Ltd., ADR(c)
|
|
25,838
|
476,969
|
|
New Oriental Education & Technology Group,
Inc., ADR
|
|
76,587
|
4,624,323
|
|
NIO, Inc., ADR(b)
|
|
971,890
|
4,567,883
|
|
Niu Technologies, ADR(b)
|
|
38,323
|
126,849
|
|
SunCar Technology Group, Inc., Class A
(Hong Kong)(b)(c)
|
|
41,712
|
82,590
|
|
TAL Education Group, ADR(b)
|
|
308,063
|
3,912,400
|
|
Viomi Technology Co. Ltd., ADR
|
|
30,780
|
40,937
|
|
Vipshop Holdings Ltd., ADR(c)
|
|
279,518
|
4,782,553
|
|
WeRide, Inc., ADR(b)(c)
|
|
174,786
|
1,400,036
|
|
XPeng, Inc., ADR(b)(c)
|
|
159,017
|
2,859,126
|
|
Youdao, Inc., ADR(b)(c)
|
|
28,163
|
292,895
|
|
Yum China Holdings, Inc.
|
|
228,074
|
11,271,417
|
|
|
|
|
68,251,092
|
|
Consumer Staples-1.27%
|
|||
|
DingDong (Cayman) Ltd., ADR(b)
|
|
104,829
|
299,811
|
|
RLX Technology, Inc., ADR
|
|
523,271
|
1,208,756
|
|
Yatsen Holding Ltd., ADR(b)
|
|
53,653
|
228,562
|
|
|
|
|
1,737,129
|
|
Financials-3.75%
|
|||
|
FinVolution Group, ADR
|
|
143,816
|
737,776
|
|
High Templar Tech Ltd., ADR(b)
|
|
148,818
|
433,060
|
|
Jiayin Group, Inc., ADR
|
|
12,576
|
83,002
|
|
LexinFintech Holdings Ltd., ADR
|
|
110,437
|
314,746
|
|
Lufax Holding Ltd., ADR(b)
|
|
204,848
|
544,896
|
|
Metalpha Technology Holding Ltd.(b)
|
|
29,432
|
59,747
|
|
Noah Holdings Ltd., ADR
|
|
31,327
|
371,538
|
|
Qifu Technology, Inc., ADR
|
|
89,693
|
1,394,726
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Up Fintech Holding Ltd., ADR(b)
|
|
100,860
|
$861,344
|
|
Waterdrop, Inc., ADR
|
|
115,835
|
191,128
|
|
X Financial, ADR(c)
|
|
15,716
|
80,937
|
|
Yiren Digital Ltd., ADR(c)
|
|
13,552
|
53,801
|
|
|
|
|
5,126,701
|
|
Health Care-0.73%
|
|||
|
BGM Group Ltd.(b)(c)
|
|
134,237
|
473,857
|
|
China SXT Pharmaceuticals, Inc.(b)
|
|
86,453
|
2,680
|
|
Zai Lab Ltd., ADR(b)(c)
|
|
29,099
|
483,043
|
|
Zhengye Biotechnology Holding Ltd.(b)(c)
|
|
35,144
|
34,090
|
|
|
|
|
993,670
|
|
Industrials-9.86%
|
|||
|
EHang Holdings Ltd., ADR(b)(c)
|
|
39,639
|
506,190
|
|
Full Truck Alliance Co. Ltd., ADR
|
|
483,177
|
4,783,452
|
|
HUHUTECH International Group, Inc.(b)(c)
|
|
17,265
|
115,675
|
|
Kanzhun Ltd., ADR
|
|
248,405
|
4,600,461
|
|
SOS Ltd.(b)(c)
|
|
320,126
|
489,793
|
|
ZKH Group Ltd., ADR(b)
|
|
80,046
|
268,955
|
|
ZTO Express (Cayman), Inc., ADR
|
|
124,208
|
2,723,881
|
|
|
|
|
13,488,407
|
|
Information Technology-6.32%
|
|||
|
Agora, Inc., ADR(b)
|
|
54,473
|
227,152
|
|
Canadian Solar, Inc. (Canada)(b)(c)
|
|
49,773
|
951,909
|
|
Daqo New Energy Corp., ADR(b)
|
|
55,024
|
1,360,193
|
|
GDS Holdings Ltd., ADR(b)(c)
|
|
70,428
|
3,147,427
|
|
JinkoSolar Holding Co. Ltd., ADR(c)
|
|
27,981
|
717,153
|
|
Kingsoft Cloud Holdings Ltd., ADR(b)(c)
|
|
20,824
|
275,085
|
|
MicroAlgo, Inc.(b)(c)
|
|
8,154
|
37,427
|
|
Pony AI, Inc., ADR(b)(c)
|
|
14,901
|
206,826
|
|
Tuya, Inc., ADR
|
|
163,231
|
341,153
|
|
Vnet Group, Inc., ADR(b)(c)
|
|
108,665
|
1,144,242
|
|
Xunlei Ltd., ADR(b)(c)
|
|
39,291
|
241,640
|
|
|
|
|
8,650,207
|
|
Real Estate-3.45%
|
|||
|
KE Holdings, Inc., ADR(c)
|
|
252,322
|
4,723,468
|
|
Total Common Stocks & Other Equity Interests
(Cost $170,537,748)
|
136,673,456
|
||
|
|
|||
|
Money Market Funds-0.19%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $264,601)
|
|
264,601
|
264,601
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.10%
(Cost $170,802,349)
|
136,938,057
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-24.85%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
9,883,731
|
9,883,731
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
24,101,279
|
$24,108,509
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $33,992,240)
|
33,992,240
|
||
|
TOTAL INVESTMENTS IN SECURITIES-124.95%
(Cost $204,794,589)
|
170,930,297
|
||
|
OTHER ASSETS LESS LIABILITIES-(24.95)%
|
(34,134,166
)
|
||
|
NET ASSETS-100.00%
|
$136,796,131
|
||
|
Investment Abbreviations:
|
|
ADR-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at 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
|
$106,162
|
$6,547,498
|
$(6,389,059
)
|
$-
|
$-
|
$264,601
|
$8,227
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
3,756,612
|
136,354,165
|
(130,227,046
)
|
-
|
-
|
9,883,731
|
196,417
*
|
|
Invesco Private Prime Fund
|
9,893,211
|
265,334,706
|
(251,119,199
)
|
-
|
(209
)
|
24,108,509
|
535,956
*
|
|
Total
|
$13,755,985
|
$408,236,369
|
$(387,735,304
)
|
$-
|
$(209
)
|
$34,256,841
|
$740,600
|
|
*
|
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-99.99%
|
|||
|
Automobiles-18.90%
|
|||
|
BYD Co. Ltd., A Shares (China)
|
|
79,257
|
$1,036,603
|
|
BYD Co. Ltd., H Shares (China)(b)
|
|
567,950
|
7,082,732
|
|
Li Auto, Inc., A Shares (China)(b)(c)
|
|
304,615
|
2,546,440
|
|
Lucid Group, Inc.(b)(c)
|
|
33,649
|
372,494
|
|
NIO, Inc., A shares (China)(b)(c)
|
|
451,576
|
2,153,501
|
|
OLA Electric Mobility Ltd. (India)(c)
|
|
326,286
|
114,873
|
|
Polestar Automotive Holding UK PLC, ADR
(Hong Kong)(b)(c)
|
|
3,707
|
56,087
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
191,643
|
2,826,734
|
|
Seres Group Co. Ltd. (China)
|
|
23,900
|
358,540
|
|
Tesla, Inc.(c)
|
|
17,065
|
7,344,947
|
|
XPeng, Inc. (China)(b)(c)
|
|
304,345
|
2,740,434
|
|
Zhejiang Leapmotor Technology Co. Ltd.
(China)(c)(d)
|
|
124,007
|
673,573
|
|
|
|
|
27,306,958
|
|
Building Products-4.80%
|
|||
|
Advanced Drainage Systems, Inc.
|
|
18,006
|
2,737,632
|
|
Kingspan Group PLC (Ireland)
|
|
37,433
|
3,271,290
|
|
Recticel S.A. (Belgium)
|
|
10,483
|
127,309
|
|
Rockwool A/S (Denmark)
|
|
23,545
|
798,047
|
|
|
|
|
6,934,278
|
|
Chemicals-0.08%
|
|||
|
Finolex Industries Ltd. (India)
|
|
61,199
|
117,651
|
|
Commercial Services & Supplies-0.51%
|
|||
|
China Everbright Environment Group Ltd.
(China)
|
|
897,181
|
577,433
|
|
Dynagreen Environmental Protection Group
Co. Ltd., H Shares (China)(d)
|
|
94,426
|
64,244
|
|
Zhejiang Weiming Environment Protection
Co. Ltd. (China)
|
|
25,200
|
99,824
|
|
|
|
|
741,501
|
|
Construction & Engineering-0.49%
|
|||
|
China Conch Venture Holdings Ltd. (China)
|
|
349,790
|
478,088
|
|
Inox Green Energy Services Ltd. (India)(c)
|
|
27,150
|
50,236
|
|
Sterling and Wilson Renewable Energy Ltd.
(India)(c)(d)
|
|
28,787
|
58,126
|
|
Waaree Renewable Technologies Ltd. (India)
|
|
6,426
|
63,316
|
|
West Holdings Corp. (Japan)(b)
|
|
5,036
|
51,990
|
|
|
|
|
701,756
|
|
Diversified REITs-1.55%
|
|||
|
American Assets Trust, Inc.
|
|
11,931
|
215,474
|
|
Merlin Properties SOCIMI S.A. (Spain)
|
|
95,976
|
1,433,613
|
|
Sekisui House Reit, Inc. (Japan)
|
|
990
|
583,236
|
|
|
|
|
2,232,323
|
|
Electrical Equipment-18.49%
|
|||
|
Array Technologies, Inc.(b)(c)
|
|
37,246
|
421,811
|
|
Contemporary Amperex Technology Co. Ltd.
(China)
|
|
18,973
|
1,184,232
|
|
Contemporary Amperex Technology Co. Ltd.,
A Shares (China)
|
|
64,436
|
3,251,255
|
|
CS Wind Corp. (South Korea)(c)
|
|
6,239
|
175,861
|
|
Energiekontor AG (Germany)
|
|
1,719
|
78,402
|
|
Goldwind Science & Technology Co. Ltd., A
Shares (China)
|
|
51,000
|
191,432
|
|
Inox Wind Ltd. (India)(c)
|
|
191,767
|
225,539
|
|
Kempower OYJ (Finland)(c)
|
|
5,479
|
105,663
|
|
LG Energy Solution Ltd. (South Korea)(c)
|
|
11,408
|
3,135,903
|
|
Nextpower, Inc., Class A(c)
|
|
36,068
|
4,223,202
|
|
|
Shares
|
Value
|
|
|
Electrical Equipment-(continued)
|
|||
|
Nordex SE (Germany)(c)
|
|
31,667
|
$1,272,434
|
|
Olectra Greentech Ltd. (India)
|
|
10,119
|
119,451
|
|
Plug Power, Inc.(b)(c)
|
|
273,243
|
577,909
|
|
PNE AG (Germany)(b)
|
|
6,611
|
77,832
|
|
REPT BATTERO Energy Co. Ltd. (China)(c)
|
|
75,469
|
111,450
|
|
Shoals Technologies Group, Inc., Class A(c)
|
|
40,597
|
383,236
|
|
Signify N.V.
|
|
31,253
|
665,895
|
|
Sungrow Power Supply Co. Ltd., A Shares
(China)
|
|
30,320
|
658,685
|
|
Sunrun, Inc.(c)
|
|
56,233
|
1,068,427
|
|
Suzlon Energy Ltd. (India)(c)
|
|
2,500,044
|
1,298,187
|
|
Vestas Wind Systems A/S (Denmark)
|
|
246,167
|
7,489,187
|
|
|
|
|
26,715,993
|
|
Electronic Equipment, Instruments & Components-0.78%
|
|||
|
Badger Meter, Inc.
|
|
7,164
|
1,050,099
|
|
China Railway Signal & Communication Corp.
Ltd. (China)
|
|
106,200
|
84,080
|
|
|
|
|
1,134,179
|
|
Food Products-2.06%
|
|||
|
Darling Ingredients, Inc.(c)
|
|
38,468
|
1,756,449
|
|
Grieg Seafood ASA (Norway)(c)
|
|
11,190
|
86,928
|
|
SalMar ASA (Norway)
|
|
16,484
|
985,177
|
|
SLC Agricola S.A. (Brazil)
|
|
49,264
|
151,022
|
|
|
|
|
2,979,576
|
|
Ground Transportation-1.51%
|
|||
|
Beijing-Shanghai High Speed Railway Co.
Ltd., A Shares (China)
|
|
715,600
|
501,323
|
|
BTS Group Holdings PCL, Wts., expiring
11/20/2026 (Thailand)(c)
|
|
1
|
0
|
|
MTR Corp. Ltd. (Hong Kong)(b)
|
|
378,380
|
1,673,643
|
|
|
|
|
2,174,966
|
|
Household Durables-2.48%
|
|||
|
Beazer Homes USA, Inc.(c)
|
|
6,887
|
148,553
|
|
Berkeley Group Holdings PLC (The) (United
Kingdom)
|
|
23,308
|
1,320,629
|
|
KB Home
|
|
15,765
|
907,118
|
|
Meritage Homes Corp.
|
|
17,305
|
1,202,871
|
|
|
|
|
3,579,171
|
|
Independent Power and Renewable Electricity Producers-5.94%
|
|||
|
ACEN Corp. (Philippines)
|
|
2,449,148
|
109,956
|
|
Acme Solar Holdings Ltd. (India)
|
|
29,841
|
73,355
|
|
Boralex, Inc., Class A (Canada)(b)
|
|
21,261
|
396,441
|
|
China Datang Corp. Renewable Power Co.
Ltd., H Shares (China)(b)
|
|
585,647
|
156,720
|
|
China Longyuan Power Group Corp. Ltd., H
Shares (China)(b)
|
|
606,617
|
551,240
|
|
China Three Gorges Renewables (Group) Co.
Ltd., A Shares (China)
|
|
423,000
|
250,247
|
|
EDP Renovaveis S.A. (Spain)(b)
|
|
76,681
|
1,169,118
|
|
Energix-Renewable Energies Ltd. (Israel)
|
|
67,166
|
428,193
|
|
Enlight Renewable Energy Ltd. (Israel)(c)
|
|
32,083
|
1,815,935
|
|
ERG S.p.A. (Italy)(b)
|
|
12,811
|
342,188
|
|
Grenergy Renovables S.A. (Spain)(c)
|
|
3,482
|
398,899
|
|
HD Renewable Energy Co. Ltd. (Taiwan)
|
|
20,983
|
78,081
|
|
KPI Green Energy Ltd. (India)(d)
|
|
21,897
|
94,271
|
|
Margun Enerji Uretim Sanayi ve Ticaret A.S
(Turkey)(c)
|
|
181,852
|
172,073
|
|
Ormat Technologies, Inc.(b)
|
|
14,040
|
1,754,157
|
|
|
Shares
|
Value
|
|
|
Independent Power and Renewable Electricity Producers-(continued)
|
|||
|
Solaria Energia y Medio Ambiente S.A.
(Spain)(c)
|
|
18,256
|
$404,101
|
|
Voltalia S.A. (France)(b)(c)
|
|
9,714
|
82,020
|
|
Xinyi Energy Holdings Ltd. (China)(b)
|
|
630,488
|
97,648
|
|
XPLR Infrastructure L.P.(c)
|
|
21,662
|
210,988
|
|
|
|
|
8,585,631
|
|
Industrial REITs-1.83%
|
|||
|
CRE Logistics REIT, Inc. (Japan)(b)
|
|
145
|
156,707
|
|
Mitsubishi Estate Logistics REIT Investment
Corp. (Japan)
|
|
346
|
295,137
|
|
Nippon Prologis REIT, Inc. (Japan)
|
|
1,634
|
956,567
|
|
Tritax Big Box REIT PLC (United Kingdom)
|
|
544,056
|
1,238,490
|
|
|
|
|
2,646,901
|
|
IT Services-1.46%
|
|||
|
GDS Holdings Ltd., A Shares (China)(c)
|
|
273,800
|
1,525,014
|
|
Kingsoft Cloud Holdings Ltd., H shares
(China)(b)(c)
|
|
662,814
|
589,022
|
|
|
|
|
2,114,036
|
|
Machinery-2.24%
|
|||
|
Alstom S.A. (France)(b)(c)
|
|
84,469
|
2,706,745
|
|
Energy Recovery, Inc.(c)
|
|
12,974
|
189,291
|
|
Stadler Rail AG (Switzerland)(b)
|
|
13,393
|
344,464
|
|
|
|
|
3,240,500
|
|
Metals & Mining-0.63%
|
|||
|
Century Iron and Steel Industrial Co. Ltd.
(Taiwan)
|
|
42,000
|
180,396
|
|
Sigma Lithium Corp. (Brazil)(b)(c)
|
|
14,853
|
160,115
|
|
Sims Ltd.
|
|
39,993
|
563,326
|
|
|
|
|
903,837
|
|
Office REITs-6.62%
|
|||
|
Brandywine Realty Trust(b)
|
|
41,760
|
118,181
|
|
Centuria Office REIT (Australia)(b)
|
|
95,739
|
71,626
|
|
Colonial SFL Socimi S.A. (Spain)(b)
|
|
68,743
|
426,727
|
|
Cousins Properties, Inc.
|
|
40,861
|
1,031,332
|
|
Covivio S.A. (France)
|
|
13,590
|
871,360
|
|
Douglas Emmett, Inc.(b)
|
|
40,836
|
431,228
|
|
Embassy Office Parks REIT (India)
|
|
207,937
|
982,114
|
|
Gecina S.A. (France)
|
|
11,220
|
1,034,311
|
|
Global One Real Estate Investment Corp.
(Japan)
|
|
239
|
211,556
|
|
Japan Excellent, Inc. (Japan)(b)
|
|
270
|
261,928
|
|
Keppel REIT (Singapore)
|
|
659,491
|
512,597
|
|
Mori Hills REIT Investment Corp. (Japan)(b)
|
|
353
|
332,203
|
|
Nippon Building Fund, Inc. (Japan)(b)
|
|
1,894
|
1,762,542
|
|
Piedmont Realty Trust, Inc., Class A
|
|
30,230
|
254,537
|
|
Vornado Realty Trust
|
|
39,707
|
1,265,859
|
|
|
|
|
9,568,101
|
|
Oil, Gas & Consumable Fuels-0.28%
|
|||
|
REX American Resources Corp.(c)
|
|
7,226
|
244,311
|
|
Verbio SE (Germany)(c)
|
|
5,498
|
162,938
|
|
|
|
|
407,249
|
|
Paper & Forest Products-1.83%
|
|||
|
Canfor Corp. (Canada)(c)
|
|
14,232
|
150,712
|
|
Suzano S.A. (Brazil)
|
|
168,979
|
1,592,141
|
|
West Fraser Timber Co. Ltd. (Canada)
|
|
13,036
|
895,187
|
|
|
|
|
2,638,040
|
|
|
Shares
|
Value
|
|
|
Real Estate Management & Development-1.24%
|
|||
|
Henderson Land Development Co. Ltd. (Hong
Kong)(b)
|
|
353,745
|
$1,407,495
|
|
Lighthouse Properties PLC (Mauritius)
|
|
283,309
|
151,883
|
|
Mahindra Lifespace Developers Ltd. (India)
|
|
26,295
|
105,071
|
|
Platzer Fastigheter Holding AB, Class B
(Sweden)(b)
|
|
14,785
|
123,937
|
|
|
|
|
1,788,386
|
|
Retail REITs-8.76%
|
|||
|
AEON REIT Investment Corp. (Japan)(b)
|
|
390
|
338,639
|
|
CapitaLand Integrated Commercial Trust
(Singapore)
|
|
1,483,669
|
2,792,253
|
|
Eurocommercial Properties N.V.
(Netherlands)
|
|
10,693
|
316,579
|
|
First Capital REIT (Canada)(b)
|
|
25,316
|
369,977
|
|
Frasers Centrepoint Trust (Singapore)
|
|
321,177
|
566,906
|
|
Japan Metropolitan Fund Investment Corp.
(Japan)
|
|
1,749
|
1,381,069
|
|
Klepierre S.A. (France)(b)
|
|
52,444
|
2,027,652
|
|
Lendlease Global Commercial REIT
(Singapore)
|
|
547,573
|
275,451
|
|
Mapletree Pan Asia Commercial Trust
(Singapore)
|
|
578,030
|
664,535
|
|
Mercialys S.A. (France)
|
|
22,862
|
288,693
|
|
SmartCentres REIT (Canada)(b)
|
|
17,527
|
345,453
|
|
Unibail-Rodamco-Westfield (France)
|
|
29,680
|
3,293,476
|
|
|
|
|
12,660,683
|
|
Semiconductors & Semiconductor Equipment-11.74%
|
|||
|
CSI Solar Co. Ltd. (China)
|
|
54,567
|
120,280
|
|
Duk San Neolux Co. Ltd. (South Korea)(c)
|
|
3,368
|
91,083
|
|
Enphase Energy, Inc.(b)(c)
|
|
31,843
|
1,177,554
|
|
First Solar, Inc.(c)
|
|
24,836
|
5,601,015
|
|
Flat Glass Group Co. Ltd., A Shares (China)(c)
|
|
28,100
|
65,152
|
|
JA Solar Technology Co. Ltd., A Shares
(China)(c)
|
|
49,008
|
79,727
|
|
Jinko Solar Co. Ltd., A Shares (China)(c)
|
|
148,000
|
134,754
|
|
JinkoSolar Holding Co. Ltd., ADR (China)(b)
|
|
7,519
|
192,712
|
|
LONGi Green Energy Technology Co. Ltd., A
Shares (China)(c)
|
|
112,072
|
288,373
|
|
NVIDIA Corp.
|
|
37,911
|
7,245,929
|
|
SMA Solar Technology AG (Germany)(b)(c)
|
|
3,851
|
168,138
|
|
SolarEdge Technologies, Inc.(b)(c)
|
|
14,443
|
447,011
|
|
TCL Zhonghuan Renewable Energy
Technology Co. Ltd., A Shares (China)(c)
|
|
59,800
|
80,939
|
|
Trina Solar Co. Ltd. (China)(c)
|
|
32,200
|
86,953
|
|
Waaree Energies Ltd. (India)
|
|
21,013
|
637,754
|
|
Websol Energy System Ltd. (India)(c)
|
|
67,647
|
59,951
|
|
Xinyi Solar Holdings Ltd. (China)(b)
|
|
1,107,611
|
478,903
|
|
|
|
|
16,956,228
|
|
Software-0.09%
|
|||
|
Tuya, Inc., ADR (China)
|
|
65,564
|
137,029
|
|
Specialized REITs-5.15%
|
|||
|
Digital Realty Trust, Inc.
|
|
44,826
|
7,438,875
|
|
Transportation Infrastructure-0.29%
|
|||
|
Taiwan High Speed Rail Corp. (Taiwan)
|
|
477,069
|
414,012
|
|
Water Utilities-0.24%
|
|||
|
Beijing Enterprises Water Group Ltd. (China)
|
|
990,109
|
340,961
|
|
Total Common Stocks & Other Equity Interests
(Cost $153,328,889)
|
144,458,821
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Money Market Funds-0.09%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(e)(f)
(Cost $136,260)
|
|
136,260
|
$136,260
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.08%
(Cost $153,465,149)
|
144,595,081
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-14.18%
|
|||
|
Invesco Private Government Fund,
3.65%(e)(f)(g)
|
|
5,687,829
|
5,687,829
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.80%(e)(f)(g)
|
|
14,791,471
|
$14,795,908
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $20,483,737)
|
20,483,737
|
||
|
TOTAL INVESTMENTS IN SECURITIES-114.26%
(Cost $173,948,886)
|
165,078,818
|
||
|
OTHER ASSETS LESS LIABILITIES-(14.26)%
|
(20,605,710
)
|
||
|
NET ASSETS-100.00%
|
$144,473,108
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
REIT
|
-Real Estate Investment Trust
|
|
Wts.
|
-Warrants
|
|
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)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
January 31, 2026 was $890,214, which represented less than 1% of the Fund’s Net Assets.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the 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
|
$201,797
|
$9,845,080
|
$(9,910,617
)
|
$-
|
$-
|
$136,260
|
$7,691
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
8,622,213
|
41,212,502
|
(44,146,886
)
|
-
|
-
|
5,687,829
|
191,102
*
|
|
Invesco Private Prime Fund
|
22,451,072
|
86,647,872
|
(94,305,137
)
|
1,601
|
500
|
14,795,908
|
515,086
*
|
|
Total
|
$31,275,082
|
$137,705,454
|
$(148,362,640
)
|
$1,601
|
$500
|
$20,619,997
|
$713,879
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
This Fund has holdings greater than 10% of net assets in the following country:
|
|
|
China
|
20.05%
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-101.34%
|
|||
|
Communication Services-11.16%
|
|||
|
Alphabet, Inc., Class A
|
|
32,927
|
$11,129,326
|
|
Alphabet, Inc., Class C
|
|
26,315
|
8,908,417
|
|
AT&T, Inc.
|
|
40,125
|
1,051,676
|
|
Charter Communications, Inc., Class A(b)
|
|
500
|
103,060
|
|
Comcast Corp., Class A
|
|
20,571
|
611,987
|
|
Electronic Arts, Inc.
|
|
1,269
|
258,774
|
|
Fox Corp., Class A
|
|
1,179
|
85,808
|
|
Fox Corp., Class B
|
|
841
|
55,144
|
|
Live Nation Entertainment, Inc.(b)
|
|
893
|
129,887
|
|
Match Group, Inc.
|
|
1,339
|
41,710
|
|
Meta Platforms, Inc., Class A
|
|
12,327
|
8,832,295
|
|
Netflix, Inc.(b)
|
|
23,985
|
2,002,508
|
|
News Corp., Class A
|
|
2,118
|
57,250
|
|
News Corp., Class B
|
|
706
|
21,957
|
|
Omnicom Group, Inc.
|
|
1,804
|
138,980
|
|
Paramount Skydance Corp.
|
|
1,779
|
19,943
|
|
Take-Two Interactive Software, Inc.(b)
|
|
981
|
216,114
|
|
TKO Group Holdings, Inc.
|
|
374
|
75,765
|
|
T-Mobile US, Inc.
|
|
2,719
|
536,214
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
2,495
|
75,673
|
|
Verizon Communications, Inc.
|
|
23,863
|
1,062,381
|
|
Walt Disney Co. (The)
|
|
10,106
|
1,139,957
|
|
Warner Bros. Discovery, Inc.(b)
|
|
14,023
|
386,193
|
|
|
|
|
36,941,019
|
|
Consumer Discretionary-10.58%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
2,405
|
311,135
|
|
Amazon.com, Inc.(b)
|
|
55,054
|
13,174,422
|
|
Aptiv PLC(b)
|
|
1,222
|
92,567
|
|
AutoZone, Inc.(b)
|
|
93
|
344,499
|
|
Best Buy Co., Inc.
|
|
1,107
|
72,066
|
|
Booking Holdings, Inc.
|
|
183
|
915,337
|
|
Carnival Corp.(b)
|
|
6,145
|
184,473
|
|
Carvana Co.(b)
|
|
802
|
321,690
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
7,486
|
290,981
|
|
D.R. Horton, Inc.
|
|
1,548
|
230,404
|
|
Darden Restaurants, Inc.
|
|
657
|
130,973
|
|
Deckers Outdoor Corp.(b)
|
|
826
|
98,575
|
|
Domino’s Pizza, Inc.
|
|
173
|
70,987
|
|
DoorDash, Inc., Class A(b)
|
|
2,114
|
432,567
|
|
eBay, Inc.
|
|
2,560
|
233,523
|
|
Expedia Group, Inc.
|
|
660
|
174,794
|
|
Ford Motor Co.
|
|
22,149
|
307,428
|
|
Garmin Ltd.
|
|
924
|
186,315
|
|
General Motors Co.
|
|
5,279
|
443,436
|
|
Genuine Parts Co.
|
|
789
|
109,663
|
|
Hasbro, Inc.
|
|
757
|
67,608
|
|
Hilton Worldwide Holdings, Inc.
|
|
1,311
|
391,347
|
|
Home Depot, Inc. (The)
|
|
5,630
|
2,108,942
|
|
Las Vegas Sands Corp.
|
|
1,723
|
90,854
|
|
Lennar Corp., Class A
|
|
1,220
|
133,407
|
|
Lowe’s Cos., Inc.
|
|
3,175
|
847,915
|
|
lululemon athletica, Inc.(b)
|
|
610
|
106,445
|
|
Marriott International, Inc., Class A
|
|
1,259
|
396,963
|
|
McDonald’s Corp.
|
|
4,031
|
1,269,765
|
|
MGM Resorts International(b)
|
|
1,161
|
38,940
|
|
NIKE, Inc., Class B
|
|
6,730
|
415,981
|
|
Norwegian Cruise Line Holdings Ltd.(b)
|
|
2,578
|
56,613
|
|
NVR, Inc.(b)
|
|
15
|
114,536
|
|
O’Reilly Automotive, Inc.(b)
|
|
4,774
|
469,809
|
|
Pool Corp.
|
|
188
|
47,769
|
|
PulteGroup, Inc.
|
|
1,104
|
138,099
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Ralph Lauren Corp.
|
|
220
|
$77,750
|
|
Ross Stores, Inc.
|
|
1,838
|
346,739
|
|
Royal Caribbean Cruises Ltd.
|
|
1,436
|
466,197
|
|
Starbucks Corp.
|
|
6,435
|
591,698
|
|
Tapestry, Inc.
|
|
1,158
|
146,962
|
|
Tesla, Inc.(b)
|
|
15,901
|
6,843,949
|
|
TJX Cos., Inc. (The)
|
|
6,302
|
944,103
|
|
Tractor Supply Co.
|
|
2,989
|
152,080
|
|
Ulta Beauty, Inc.(b)
|
|
252
|
163,135
|
|
Williams-Sonoma, Inc.
|
|
687
|
140,595
|
|
Wynn Resorts Ltd.
|
|
483
|
51,898
|
|
Yum! Brands, Inc.
|
|
1,569
|
243,980
|
|
|
|
|
34,989,914
|
|
Consumer Staples-5.07%
|
|||
|
Altria Group, Inc.
|
|
9,503
|
589,091
|
|
Archer-Daniels-Midland Co.
|
|
2,718
|
182,949
|
|
Brown-Forman Corp., Class B
|
|
994
|
27,206
|
|
Bunge Global S.A.
|
|
768
|
87,460
|
|
Campbell’s Co. (The)
|
|
1,125
|
31,478
|
|
Church & Dwight Co., Inc.
|
|
1,361
|
130,996
|
|
Clorox Co. (The)
|
|
688
|
77,600
|
|
Coca-Cola Co. (The)
|
|
21,916
|
1,639,536
|
|
Colgate-Palmolive Co.
|
|
4,565
|
412,174
|
|
Conagra Brands, Inc.
|
|
2,706
|
50,088
|
|
Constellation Brands, Inc., Class A
|
|
799
|
125,203
|
|
Costco Wholesale Corp.
|
|
2,509
|
2,359,087
|
|
Dollar General Corp.
|
|
1,244
|
178,427
|
|
Dollar Tree, Inc.(b)
|
|
1,076
|
126,527
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
1,393
|
160,585
|
|
General Mills, Inc.
|
|
3,016
|
139,520
|
|
Hershey Co. (The)
|
|
839
|
163,395
|
|
Hormel Foods Corp.
|
|
1,652
|
40,656
|
|
J.M. Smucker Co. (The)
|
|
603
|
63,231
|
|
Kenvue, Inc.
|
|
10,841
|
188,633
|
|
Keurig Dr Pepper, Inc.
|
|
7,693
|
211,096
|
|
Kimberly-Clark Corp.
|
|
1,875
|
187,481
|
|
Kraft Heinz Co. (The)
|
|
4,826
|
114,569
|
|
Kroger Co. (The)
|
|
3,451
|
216,895
|
|
Lamb Weston Holdings, Inc.
|
|
798
|
36,652
|
|
McCormick & Co., Inc.
|
|
1,434
|
88,664
|
|
Molson Coors Beverage Co., Class B
|
|
957
|
45,974
|
|
Mondelez International, Inc., Class A
|
|
7,303
|
427,006
|
|
Monster Beverage Corp.(b)
|
|
4,037
|
326,028
|
|
PepsiCo, Inc.
|
|
7,742
|
1,189,404
|
|
Philip Morris International, Inc.
|
|
8,807
|
1,580,328
|
|
Procter & Gamble Co. (The)
|
|
13,215
|
2,005,641
|
|
Sysco Corp.
|
|
2,708
|
227,066
|
|
Target Corp.
|
|
2,573
|
271,374
|
|
Tyson Foods, Inc., Class A
|
|
1,605
|
104,855
|
|
Walmart, Inc.
|
|
24,822
|
2,957,293
|
|
|
|
|
16,764,168
|
|
Energy-3.22%
|
|||
|
APA Corp.
|
|
2,008
|
53,031
|
|
Baker Hughes Co., Class A
|
|
5,583
|
312,871
|
|
Chevron Corp.
|
|
10,714
|
1,895,307
|
|
ConocoPhillips
|
|
6,994
|
728,985
|
|
Coterra Energy, Inc.
|
|
4,311
|
124,372
|
|
Devon Energy Corp.
|
|
3,549
|
142,705
|
|
Diamondback Energy, Inc.
|
|
1,056
|
173,131
|
|
EOG Resources, Inc.
|
|
3,074
|
344,688
|
|
EQT Corp.
|
|
3,532
|
203,902
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
Expand Energy Corp.
|
|
1,350
|
$151,753
|
|
Exxon Mobil Corp.
|
|
23,867
|
3,374,794
|
|
Halliburton Co.
|
|
4,761
|
159,589
|
|
Kinder Morgan, Inc.
|
|
11,080
|
337,829
|
|
Marathon Petroleum Corp.
|
|
1,702
|
299,875
|
|
Occidental Petroleum Corp.
|
|
4,071
|
184,783
|
|
ONEOK, Inc.
|
|
3,560
|
281,916
|
|
Phillips 66
|
|
2,281
|
327,460
|
|
SLB Ltd.
|
|
8,455
|
409,053
|
|
Targa Resources Corp.
|
|
1,214
|
243,990
|
|
Texas Pacific Land Corp.
|
|
327
|
113,914
|
|
Valero Energy Corp.
|
|
1,727
|
313,330
|
|
Williams Cos., Inc. (The)
|
|
6,914
|
465,036
|
|
|
|
|
10,642,314
|
|
Financials-13.08%
|
|||
|
Aflac, Inc.
|
|
2,668
|
296,015
|
|
Allstate Corp. (The)
|
|
1,481
|
294,704
|
|
American Express Co.
|
|
3,037
|
1,069,540
|
|
American International Group, Inc.
|
|
3,057
|
228,908
|
|
Ameriprise Financial, Inc.
|
|
527
|
277,829
|
|
Aon PLC, Class A
|
|
1,216
|
425,162
|
|
Apollo Global Management, Inc.
|
|
2,628
|
353,571
|
|
Arch Capital Group Ltd.(b)
|
|
2,044
|
196,306
|
|
Ares Management Corp., Class A
|
|
1,166
|
174,515
|
|
Arthur J. Gallagher & Co.
|
|
1,453
|
362,335
|
|
Assurant, Inc.
|
|
283
|
67,391
|
|
Bank of America Corp.
|
|
38,026
|
2,022,983
|
|
Bank of New York Mellon Corp. (The)
|
|
3,949
|
473,564
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
10,376
|
4,985,979
|
|
BlackRock, Inc.
|
|
816
|
913,055
|
|
Blackstone, Inc., Class A
|
|
4,177
|
594,888
|
|
Block, Inc., Class A(b)
|
|
3,102
|
187,454
|
|
Brown & Brown, Inc.
|
|
1,664
|
119,974
|
|
Capital One Financial Corp.
|
|
3,595
|
787,053
|
|
Cboe Global Markets, Inc.
|
|
592
|
156,916
|
|
Charles Schwab Corp. (The)
|
|
9,457
|
982,771
|
|
Chubb Ltd.
|
|
2,071
|
641,099
|
|
Cincinnati Financial Corp.
|
|
883
|
142,066
|
|
Citigroup, Inc.
|
|
10,129
|
1,172,027
|
|
Citizens Financial Group, Inc.
|
|
2,429
|
152,978
|
|
CME Group, Inc., Class A
|
|
2,041
|
589,972
|
|
Coinbase Global, Inc., Class A(b)
|
|
1,289
|
251,020
|
|
Corpay, Inc.(b)
|
|
394
|
123,964
|
|
Erie Indemnity Co., Class A
|
|
140
|
39,621
|
|
Everest Group Ltd.
|
|
239
|
79,176
|
|
FactSet Research Systems, Inc.
|
|
213
|
54,179
|
|
Fidelity National Information Services, Inc.
|
|
2,930
|
161,883
|
|
Fifth Third Bancorp
|
|
5,064
|
254,314
|
|
Fiserv, Inc.(b)
|
|
3,040
|
193,739
|
|
Franklin Resources, Inc.
|
|
1,740
|
46,319
|
|
Global Payments, Inc.
|
|
1,343
|
96,347
|
|
Globe Life, Inc.
|
|
453
|
63,520
|
|
Goldman Sachs Group, Inc. (The)
|
|
1,698
|
1,588,326
|
|
Hartford Insurance Group, Inc. (The)
|
|
1,574
|
212,584
|
|
Huntington Bancshares, Inc.
|
|
11,547
|
201,842
|
|
Interactive Brokers Group, Inc., Class A
|
|
2,523
|
188,922
|
|
Intercontinental Exchange, Inc.
|
|
3,227
|
560,788
|
|
Invesco Ltd.(c)
|
|
2,521
|
68,798
|
|
Jack Henry & Associates, Inc.
|
|
407
|
72,939
|
|
JPMorgan Chase & Co.
|
|
15,407
|
4,712,847
|
|
KeyCorp
|
|
5,257
|
113,131
|
|
KKR & Co., Inc., Class A
|
|
3,881
|
443,443
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Loews Corp.
|
|
958
|
$101,136
|
|
M&T Bank Corp.
|
|
869
|
192,544
|
|
Marsh & McLennan Cos., Inc.
|
|
2,776
|
522,415
|
|
Mastercard, Inc., Class A
|
|
4,641
|
2,500,524
|
|
MetLife, Inc.
|
|
3,134
|
247,210
|
|
Moody’s Corp.
|
|
868
|
447,506
|
|
Morgan Stanley
|
|
6,828
|
1,248,158
|
|
MSCI, Inc.
|
|
423
|
257,700
|
|
Nasdaq, Inc.
|
|
2,555
|
247,554
|
|
Northern Trust Corp.
|
|
1,073
|
160,338
|
|
PayPal Holdings, Inc.
|
|
5,295
|
278,994
|
|
PNC Financial Services Group, Inc. (The)
|
|
2,221
|
495,949
|
|
Principal Financial Group, Inc.
|
|
1,133
|
107,318
|
|
Progressive Corp. (The)
|
|
3,315
|
689,520
|
|
Prudential Financial, Inc.
|
|
1,982
|
220,220
|
|
Raymond James Financial, Inc.
|
|
995
|
165,031
|
|
Regions Financial Corp.
|
|
4,963
|
141,446
|
|
Robinhood Markets, Inc., Class A(b)
|
|
4,448
|
442,487
|
|
S&P Global, Inc.
|
|
1,754
|
925,744
|
|
State Street Corp.
|
|
1,577
|
206,366
|
|
Synchrony Financial
|
|
2,039
|
148,093
|
|
T. Rowe Price Group, Inc.
|
|
1,234
|
130,409
|
|
Travelers Cos., Inc. (The)
|
|
1,261
|
358,767
|
|
Truist Financial Corp.
|
|
7,241
|
372,332
|
|
U.S. Bancorp
|
|
8,795
|
493,488
|
|
Visa, Inc., Class A
|
|
9,546
|
3,072,189
|
|
W.R. Berkley Corp.
|
|
1,700
|
116,586
|
|
Wells Fargo & Co.
|
|
17,766
|
1,607,645
|
|
Willis Towers Watson PLC
|
|
542
|
172,069
|
|
|
|
|
43,266,495
|
|
Health Care-9.56%
|
|||
|
Abbott Laboratories
|
|
9,843
|
1,075,840
|
|
AbbVie, Inc.
|
|
10,000
|
2,230,100
|
|
Agilent Technologies, Inc.
|
|
1,608
|
215,231
|
|
Align Technology, Inc.(b)
|
|
376
|
61,299
|
|
Amgen, Inc.
|
|
3,045
|
1,041,025
|
|
Baxter International, Inc.
|
|
2,910
|
58,404
|
|
Becton, Dickinson and Co.
|
|
1,625
|
330,655
|
|
Biogen, Inc.(b)
|
|
831
|
149,489
|
|
Bio-Techne Corp.
|
|
882
|
56,527
|
|
Boston Scientific Corp.(b)
|
|
8,392
|
784,904
|
|
Bristol-Myers Squibb Co.
|
|
11,524
|
634,396
|
|
Cardinal Health, Inc.
|
|
1,347
|
289,443
|
|
Cencora, Inc.
|
|
1,099
|
394,783
|
|
Centene Corp.(b)
|
|
2,642
|
114,451
|
|
Charles River Laboratories International, Inc.(b)
|
|
279
|
58,724
|
|
Cigna Group (The)
|
|
1,510
|
413,906
|
|
Cooper Cos., Inc. (The)(b)
|
|
1,126
|
91,634
|
|
CVS Health Corp.
|
|
7,187
|
535,575
|
|
Danaher Corp.
|
|
3,557
|
778,592
|
|
DaVita, Inc.(b)
|
|
202
|
22,087
|
|
Dexcom, Inc.(b)
|
|
2,210
|
161,418
|
|
Edwards Lifesciences Corp.(b)
|
|
3,283
|
267,105
|
|
Elevance Health, Inc.
|
|
1,255
|
433,904
|
|
Eli Lilly and Co.
|
|
4,491
|
4,657,841
|
|
GE HealthCare Technologies, Inc.
|
|
2,579
|
203,664
|
|
Gilead Sciences, Inc.
|
|
7,022
|
996,773
|
|
HCA Healthcare, Inc.
|
|
903
|
440,908
|
|
Henry Schein, Inc.(b)
|
|
567
|
42,797
|
|
Hologic, Inc.(b)
|
|
1,257
|
94,187
|
|
Humana, Inc.
|
|
679
|
132,541
|
|
IDEXX Laboratories, Inc.(b)
|
|
452
|
303,048
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Incyte Corp.(b)
|
|
932
|
$93,265
|
|
Insulet Corp.(b)
|
|
396
|
101,301
|
|
Intuitive Surgical, Inc.(b)
|
|
2,007
|
1,011,969
|
|
IQVIA Holdings, Inc.(b)
|
|
962
|
221,404
|
|
Johnson & Johnson
|
|
13,636
|
3,098,781
|
|
Labcorp Holdings, Inc.
|
|
471
|
127,886
|
|
McKesson Corp.
|
|
696
|
578,522
|
|
Medtronic PLC
|
|
7,260
|
747,490
|
|
Merck & Co., Inc.
|
|
14,045
|
1,548,742
|
|
Mettler-Toledo International, Inc.(b)
|
|
113
|
155,176
|
|
Moderna, Inc.(b)
|
|
1,969
|
86,774
|
|
Molina Healthcare, Inc.(b)
|
|
291
|
52,261
|
|
Pfizer, Inc.
|
|
32,182
|
850,892
|
|
Quest Diagnostics, Inc.
|
|
629
|
117,642
|
|
Regeneron Pharmaceuticals, Inc.
|
|
571
|
423,368
|
|
ResMed, Inc.
|
|
827
|
213,622
|
|
Revvity, Inc.
|
|
641
|
69,741
|
|
Solventum Corp.(b)
|
|
835
|
64,270
|
|
STERIS PLC
|
|
556
|
146,006
|
|
Stryker Corp.
|
|
1,944
|
718,425
|
|
Thermo Fisher Scientific, Inc.
|
|
2,125
|
1,229,546
|
|
UnitedHealth Group, Inc.
|
|
5,121
|
1,469,368
|
|
Universal Health Services, Inc., Class B
|
|
312
|
62,793
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
1,436
|
674,776
|
|
Viatris, Inc.
|
|
6,516
|
85,294
|
|
Waters Corp.(b)
|
|
336
|
124,562
|
|
West Pharmaceutical Services, Inc.
|
|
404
|
93,372
|
|
Zimmer Biomet Holdings, Inc.
|
|
1,122
|
97,693
|
|
Zoetis, Inc.
|
|
2,497
|
311,675
|
|
|
|
|
31,647,867
|
|
Industrials-8.69%
|
|||
|
3M Co.
|
|
3,005
|
460,246
|
|
A.O. Smith Corp.
|
|
641
|
47,107
|
|
Allegion PLC
|
|
489
|
80,876
|
|
AMETEK, Inc.
|
|
1,299
|
290,950
|
|
Automatic Data Processing, Inc.
|
|
2,290
|
565,218
|
|
Axon Enterprise, Inc.(b)
|
|
446
|
215,677
|
|
Boeing Co. (The)(b)
|
|
4,431
|
1,035,613
|
|
Broadridge Financial Solutions, Inc.
|
|
659
|
129,895
|
|
Builders FirstSource, Inc.(b)
|
|
625
|
71,500
|
|
C.H. Robinson Worldwide, Inc.
|
|
667
|
130,032
|
|
Carrier Global Corp.
|
|
4,477
|
266,740
|
|
Caterpillar, Inc.
|
|
2,648
|
1,740,689
|
|
Cintas Corp.
|
|
1,936
|
370,531
|
|
Comfort Systems USA, Inc.
|
|
199
|
227,278
|
|
Copart, Inc.(b)
|
|
5,037
|
204,401
|
|
CSX Corp.
|
|
10,537
|
397,877
|
|
Cummins, Inc.
|
|
779
|
450,901
|
|
Dayforce, Inc.(b)
|
|
905
|
62,689
|
|
Deere & Co.
|
|
1,424
|
751,872
|
|
Delta Air Lines, Inc.
|
|
3,674
|
242,080
|
|
Dover Corp.
|
|
778
|
156,759
|
|
Eaton Corp. PLC
|
|
2,195
|
771,367
|
|
EMCOR Group, Inc.
|
|
254
|
183,065
|
|
Emerson Electric Co.
|
|
3,180
|
467,333
|
|
Equifax, Inc.
|
|
691
|
139,167
|
|
Expeditors International of Washington, Inc.
|
|
761
|
122,171
|
|
Fastenal Co.
|
|
6,495
|
281,623
|
|
FedEx Corp.
|
|
1,227
|
395,401
|
|
Fortive Corp.
|
|
1,797
|
94,900
|
|
GE Vernova, Inc.
|
|
1,534
|
1,114,252
|
|
Generac Holdings, Inc.(b)
|
|
331
|
55,621
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
General Dynamics Corp.
|
|
1,435
|
$503,814
|
|
General Electric Co.
|
|
5,966
|
1,830,309
|
|
Honeywell International, Inc.
|
|
3,591
|
817,024
|
|
Howmet Aerospace, Inc.
|
|
2,277
|
473,798
|
|
Hubbell, Inc.
|
|
301
|
146,870
|
|
Huntington Ingalls Industries, Inc.
|
|
223
|
93,774
|
|
IDEX Corp.
|
|
421
|
83,590
|
|
Illinois Tool Works, Inc.
|
|
1,493
|
390,061
|
|
Ingersoll Rand, Inc.
|
|
2,036
|
175,279
|
|
J.B. Hunt Transport Services, Inc.
|
|
423
|
85,751
|
|
Jacobs Solutions, Inc.
|
|
674
|
91,165
|
|
Johnson Controls International PLC
|
|
3,460
|
412,640
|
|
L3Harris Technologies, Inc.
|
|
1,060
|
363,421
|
|
Leidos Holdings, Inc.
|
|
720
|
135,562
|
|
Lennox International, Inc.
|
|
179
|
88,619
|
|
Lockheed Martin Corp.
|
|
1,153
|
731,256
|
|
Masco Corp.
|
|
1,175
|
77,656
|
|
Nordson Corp.
|
|
302
|
82,908
|
|
Norfolk Southern Corp.
|
|
1,268
|
369,292
|
|
Northrop Grumman Corp.
|
|
759
|
525,425
|
|
Old Dominion Freight Line, Inc.
|
|
1,044
|
180,821
|
|
Otis Worldwide Corp.
|
|
2,208
|
188,607
|
|
PACCAR, Inc.
|
|
2,971
|
365,166
|
|
Parker-Hannifin Corp.
|
|
710
|
664,446
|
|
Paychex, Inc.
|
|
1,831
|
188,831
|
|
Paycom Software, Inc.
|
|
277
|
37,326
|
|
Pentair PLC
|
|
925
|
97,467
|
|
Quanta Services, Inc.
|
|
845
|
401,062
|
|
Republic Services, Inc.
|
|
1,140
|
245,203
|
|
Rockwell Automation, Inc.
|
|
635
|
267,748
|
|
Rollins, Inc.
|
|
1,663
|
105,334
|
|
RTX Corp.
|
|
7,588
|
1,524,657
|
|
Snap-on, Inc.
|
|
295
|
108,002
|
|
Southwest Airlines Co.
|
|
2,926
|
139,043
|
|
Stanley Black & Decker, Inc.
|
|
877
|
68,985
|
|
Textron, Inc.
|
|
994
|
87,532
|
|
Trane Technologies PLC
|
|
1,253
|
526,987
|
|
TransDigm Group, Inc.
|
|
318
|
453,958
|
|
Uber Technologies, Inc.(b)
|
|
11,764
|
941,708
|
|
Union Pacific Corp.
|
|
3,360
|
789,936
|
|
United Airlines Holdings, Inc.(b)
|
|
1,830
|
187,246
|
|
United Parcel Service, Inc., Class B
|
|
4,180
|
444,000
|
|
United Rentals, Inc.
|
|
359
|
280,759
|
|
Veralto Corp.
|
|
1,407
|
139,265
|
|
Verisk Analytics, Inc.
|
|
790
|
171,793
|
|
W.W. Grainger, Inc.
|
|
247
|
266,745
|
|
Wabtec Corp.
|
|
966
|
222,315
|
|
Waste Management, Inc.
|
|
2,096
|
465,815
|
|
Xylem, Inc.
|
|
1,379
|
190,123
|
|
|
|
|
28,752,925
|
|
Information Technology-33.83%
|
|||
|
Accenture PLC, Class A
|
|
3,509
|
925,113
|
|
Adobe, Inc.(b)
|
|
2,369
|
694,709
|
|
Advanced Micro Devices, Inc.(b)
|
|
9,208
|
2,179,810
|
|
Akamai Technologies, Inc.(b)
|
|
816
|
79,274
|
|
Amphenol Corp., Class A
|
|
6,929
|
998,330
|
|
Analog Devices, Inc.
|
|
2,780
|
864,246
|
|
Apple, Inc.
|
|
83,625
|
21,699,015
|
|
Applied Materials, Inc.
|
|
4,506
|
1,452,374
|
|
AppLovin Corp., Class A(b)
|
|
1,531
|
724,331
|
|
Arista Networks, Inc.(b)
|
|
5,844
|
828,329
|
|
Autodesk, Inc.(b)
|
|
1,205
|
304,708
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Broadcom, Inc.
|
|
26,721
|
$8,852,667
|
|
Cadence Design Systems, Inc.(b)
|
|
1,539
|
456,098
|
|
CDW Corp.
|
|
739
|
93,402
|
|
Cisco Systems, Inc.
|
|
22,305
|
1,746,928
|
|
Cognizant Technology Solutions Corp., Class A
|
|
2,728
|
223,860
|
|
Corning, Inc.
|
|
4,414
|
455,746
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
1,421
|
627,237
|
|
Datadog, Inc., Class A(b)
|
|
1,841
|
238,078
|
|
Dell Technologies, Inc., Class C
|
|
1,706
|
195,235
|
|
EPAM Systems, Inc.(b)
|
|
312
|
65,083
|
|
F5, Inc.(b)
|
|
326
|
89,849
|
|
Fair Isaac Corp.(b)
|
|
131
|
191,675
|
|
First Solar, Inc.(b)
|
|
606
|
136,665
|
|
Fortinet, Inc.(b)
|
|
3,576
|
290,586
|
|
Gartner, Inc.(b)
|
|
405
|
84,892
|
|
Gen Digital, Inc.
|
|
3,177
|
76,216
|
|
GoDaddy, Inc., Class A(b)
|
|
767
|
77,099
|
|
Hewlett Packard Enterprise Co.
|
|
7,470
|
160,754
|
|
HP, Inc.
|
|
5,289
|
102,818
|
|
Intel Corp.(b)
|
|
25,382
|
1,179,502
|
|
International Business Machines Corp.
|
|
5,290
|
1,622,443
|
|
Intuit, Inc.
|
|
1,575
|
785,799
|
|
Jabil, Inc.
|
|
604
|
143,263
|
|
Keysight Technologies, Inc.(b)
|
|
971
|
210,056
|
|
KLA Corp.
|
|
743
|
1,060,959
|
|
Lam Research Corp.
|
|
7,103
|
1,658,266
|
|
Microchip Technology, Inc.
|
|
3,061
|
232,391
|
|
Micron Technology, Inc.
|
|
6,349
|
2,634,073
|
|
Microsoft Corp.
|
|
42,062
|
18,098,858
|
|
Monolithic Power Systems, Inc.
|
|
271
|
304,645
|
|
Motorola Solutions, Inc.
|
|
942
|
379,193
|
|
NetApp, Inc.
|
|
1,130
|
108,876
|
|
NVIDIA Corp.
|
|
137,508
|
26,281,904
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
1,425
|
322,250
|
|
ON Semiconductor Corp.(b)
|
|
2,278
|
136,429
|
|
Oracle Corp.
|
|
9,521
|
1,566,966
|
|
Palantir Technologies, Inc., Class A(b)
|
|
12,918
|
1,893,650
|
|
Palo Alto Networks, Inc.(b)
|
|
3,869
|
684,697
|
|
PTC, Inc.(b)
|
|
677
|
105,700
|
|
Qnity Electronics, Inc.
|
|
1,185
|
113,973
|
|
QUALCOMM, Inc.
|
|
6,063
|
919,090
|
|
Roper Technologies, Inc.
|
|
608
|
225,708
|
|
Salesforce, Inc.
|
|
5,381
|
1,142,332
|
|
Sandisk Corp.(b)
|
|
786
|
452,933
|
|
Seagate Technology Holdings PLC
|
|
1,232
|
502,274
|
|
ServiceNow, Inc.(b)
|
|
5,871
|
686,966
|
|
Skyworks Solutions, Inc.
|
|
842
|
46,950
|
|
Super Micro Computer, Inc.(b)
|
|
2,840
|
82,672
|
|
Synopsys, Inc.(b)
|
|
1,048
|
487,441
|
|
TE Connectivity PLC (Switzerland)
|
|
1,667
|
371,374
|
|
Teledyne Technologies, Inc.(b)
|
|
266
|
165,000
|
|
Teradyne, Inc.
|
|
886
|
213,570
|
|
Texas Instruments, Inc.
|
|
5,145
|
1,109,005
|
|
Trimble, Inc.(b)
|
|
1,349
|
91,192
|
|
Tyler Technologies, Inc.(b)
|
|
245
|
90,503
|
|
VeriSign, Inc.
|
|
474
|
115,765
|
|
Western Digital Corp.
|
|
1,937
|
484,696
|
|
Workday, Inc., Class A(b)
|
|
1,227
|
215,498
|
|
Zebra Technologies Corp., Class A(b)
|
|
286
|
67,204
|
|
|
|
|
111,909,193
|
|
Materials-1.99%
|
|||
|
Air Products and Chemicals, Inc.
|
|
1,257
|
342,532
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Albemarle Corp.
|
|
664
|
$113,298
|
|
Amcor PLC
|
|
2,613
|
115,625
|
|
Avery Dennison Corp.
|
|
431
|
79,955
|
|
Ball Corp.
|
|
1,515
|
86,158
|
|
CF Industries Holdings, Inc.
|
|
883
|
82,322
|
|
Corteva, Inc.
|
|
3,824
|
278,387
|
|
CRH PLC
|
|
3,794
|
464,424
|
|
Dow, Inc.
|
|
4,024
|
110,861
|
|
DuPont de Nemours, Inc.
|
|
2,371
|
104,134
|
|
Ecolab, Inc.
|
|
1,443
|
406,912
|
|
Freeport-McMoRan, Inc.
|
|
8,128
|
489,549
|
|
International Flavors & Fragrances, Inc.
|
|
1,449
|
101,155
|
|
International Paper Co.
|
|
2,987
|
120,436
|
|
Linde PLC
|
|
2,643
|
1,207,772
|
|
LyondellBasell Industries N.V., Class A
|
|
1,458
|
71,442
|
|
Martin Marietta Materials, Inc.
|
|
340
|
221,663
|
|
Mosaic Co. (The)
|
|
1,796
|
49,390
|
|
Newmont Corp.
|
|
6,175
|
693,761
|
|
Nucor Corp.
|
|
1,292
|
229,614
|
|
Packaging Corp. of America
|
|
508
|
113,055
|
|
PPG Industries, Inc.
|
|
1,268
|
146,619
|
|
Sherwin-Williams Co. (The)
|
|
1,301
|
461,387
|
|
Smurfit WestRock PLC
|
|
2,955
|
123,017
|
|
Steel Dynamics, Inc.
|
|
779
|
139,885
|
|
Vulcan Materials Co.
|
|
744
|
223,602
|
|
|
|
|
6,576,955
|
|
Real Estate-1.88%
|
|||
|
Alexandria Real Estate Equities, Inc.
|
|
881
|
48,138
|
|
American Tower Corp.
|
|
2,649
|
474,913
|
|
AvalonBay Communities, Inc.
|
|
802
|
142,491
|
|
BXP, Inc.
|
|
835
|
53,999
|
|
Camden Property Trust
|
|
601
|
65,539
|
|
CBRE Group, Inc., Class A(b)
|
|
1,661
|
282,918
|
|
CoStar Group, Inc.(b)
|
|
2,397
|
147,416
|
|
Crown Castle, Inc.
|
|
2,461
|
213,639
|
|
Digital Realty Trust, Inc.
|
|
1,826
|
303,025
|
|
Equinix, Inc.
|
|
554
|
454,795
|
|
Equity Residential
|
|
1,961
|
122,210
|
|
Essex Property Trust, Inc.
|
|
363
|
91,429
|
|
Extra Space Storage, Inc.
|
|
1,201
|
165,702
|
|
Federal Realty Investment Trust
|
|
450
|
45,522
|
|
Healthpeak Properties, Inc.
|
|
3,936
|
67,857
|
|
Host Hotels & Resorts, Inc.
|
|
3,616
|
67,005
|
|
Invitation Homes, Inc.
|
|
3,192
|
85,322
|
|
Iron Mountain, Inc.
|
|
1,675
|
154,318
|
|
Kimco Realty Corp.
|
|
3,832
|
80,779
|
|
Mid-America Apartment Communities, Inc.
|
|
661
|
88,772
|
|
Prologis, Inc.
|
|
5,257
|
686,354
|
|
Public Storage
|
|
894
|
246,914
|
|
Realty Income Corp.
|
|
5,208
|
318,521
|
|
Regency Centers Corp.
|
|
931
|
67,842
|
|
SBA Communications Corp., Class A
|
|
602
|
110,834
|
|
Simon Property Group, Inc.
|
|
1,846
|
353,158
|
|
UDR, Inc.
|
|
1,703
|
63,266
|
|
Ventas, Inc.
|
|
2,658
|
206,447
|
|
VICI Properties, Inc.
|
|
6,051
|
169,912
|
|
Welltower, Inc.
|
|
3,881
|
731,025
|
|
Weyerhaeuser Co.
|
|
4,080
|
105,182
|
|
|
|
|
6,215,244
|
|
Utilities-2.28%
|
|||
|
AES Corp. (The)
|
|
4,031
|
59,054
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Alliant Energy Corp.
|
|
1,455
|
$95,899
|
|
Ameren Corp.
|
|
1,530
|
158,018
|
|
American Electric Power Co., Inc.
|
|
3,026
|
362,439
|
|
American Water Works Co., Inc.
|
|
1,106
|
142,818
|
|
Atmos Energy Corp.
|
|
908
|
151,037
|
|
CenterPoint Energy, Inc.
|
|
3,697
|
146,734
|
|
CMS Energy Corp.
|
|
1,723
|
123,177
|
|
Consolidated Edison, Inc.
|
|
2,043
|
217,845
|
|
Constellation Energy Corp.
|
|
1,767
|
495,962
|
|
Dominion Energy, Inc.
|
|
4,836
|
290,982
|
|
DTE Energy Co.
|
|
1,175
|
157,896
|
|
Duke Energy Corp.
|
|
4,401
|
534,061
|
|
Edison International
|
|
2,181
|
135,833
|
|
Entergy Corp.
|
|
2,529
|
242,506
|
|
Evergy, Inc.
|
|
1,299
|
99,672
|
|
Eversource Energy
|
|
2,122
|
146,694
|
|
Exelon Corp.
|
|
5,721
|
256,186
|
|
FirstEnergy Corp.
|
|
2,942
|
139,274
|
|
NextEra Energy, Inc.
|
|
11,790
|
1,036,341
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
NiSource, Inc.
|
|
2,699
|
$119,539
|
|
NRG Energy, Inc.
|
|
1,087
|
165,909
|
|
PG&E Corp.
|
|
12,442
|
191,856
|
|
Pinnacle West Capital Corp.
|
|
675
|
63,153
|
|
PPL Corp.
|
|
4,184
|
151,670
|
|
Public Service Enterprise Group, Inc.
|
|
2,827
|
232,832
|
|
Sempra
|
|
3,696
|
321,589
|
|
Southern Co. (The)
|
|
6,228
|
556,223
|
|
Vistra Corp.
|
|
1,802
|
285,347
|
|
WEC Energy Group, Inc.
|
|
1,840
|
203,633
|
|
Xcel Energy, Inc.
|
|
3,351
|
254,877
|
|
|
|
|
7,539,056
|
|
TOTAL INVESTMENTS IN SECURITIES-101.34%
(Cost $271,324,167)
|
335,245,150
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.34)%
|
(4,416,609
)
|
||
|
NET ASSETS-100.00%
|
$330,828,541
|
||
|
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.
|
$18,806
|
$35,417
|
$(14,704
)
|
$34,548
|
$(5,269
)
|
$68,798
|
$1,309
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
80,166
|
18,765,641
|
(18,845,807
)
|
-
|
-
|
-
|
7,860
|
|
Total
|
$98,972
|
$18,801,058
|
$(18,860,511
)
|
$34,548
|
$(5,269
)
|
$68,798
|
$9,169
|
|
Open Exchange-Traded Index Options Written
|
||||||||
|
Description
|
Type of
Contract
|
Expiration
Date
|
Number of
Contracts
|
Exercise
Price
|
Notional
Value*
|
Value
|
||
|
Equity Risk
|
|
|
|
|
|
|
||
|
S&P 500 Index
|
Call
|
02/20/2026
|
483
|
|
$6,945
|
|
$(335,443,500
)
|
$(4,491,900
)
|
|
*
|
Notional Value is calculated by multiplying the Number of Contracts by the Exercise
Price by the multiplier.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.92%
|
|||
|
Communication Services-0.48%
|
|||
|
Electronic Arts, Inc.
|
|
370,907
|
$75,635,355
|
|
Consumer Discretionary-4.94%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
704,921
|
91,195,630
|
|
Best Buy Co., Inc.
|
|
330,756
|
21,532,216
|
|
Deckers Outdoor Corp.(b)
|
|
264,461
|
31,560,776
|
|
eBay, Inc.
|
|
1,054,530
|
96,194,227
|
|
Expedia Group, Inc.
|
|
210,904
|
55,855,815
|
|
lululemon athletica, Inc.(b)
|
|
175,276
|
30,585,662
|
|
NVR, Inc.(b)
|
|
4,530
|
34,589,857
|
|
Pool Corp.
|
|
61,639
|
15,661,853
|
|
Ralph Lauren Corp.
|
|
69,838
|
24,681,447
|
|
TJX Cos., Inc. (The)
|
|
1,893,529
|
283,669,579
|
|
Ulta Beauty, Inc.(b)
|
|
69,213
|
44,805,728
|
|
Williams-Sonoma, Inc.(c)
|
|
253,684
|
51,916,431
|
|
|
|
|
782,249,221
|
|
Consumer Staples-15.76%
|
|||
|
Church & Dwight Co., Inc.
|
|
429,497
|
41,339,086
|
|
Coca-Cola Co. (The)
|
|
7,030,062
|
525,918,938
|
|
Colgate-Palmolive Co.
|
|
1,382,429
|
124,819,515
|
|
Constellation Brands, Inc., Class A
|
|
253,663
|
39,748,992
|
|
Costco Wholesale Corp.
|
|
787,319
|
740,276,690
|
|
Dollar Tree, Inc.(b)(c)
|
|
348,972
|
41,035,618
|
|
Kenvue, Inc.
|
|
2,973,166
|
51,733,088
|
|
Kimberly-Clark Corp.
|
|
674,189
|
67,412,158
|
|
Mondelez International, Inc., Class A
|
|
2,151,035
|
125,771,017
|
|
Monster Beverage Corp.(b)
|
|
1,775,895
|
143,421,280
|
|
Procter & Gamble Co. (The)
|
|
3,904,881
|
592,643,789
|
|
|
|
|
2,494,120,171
|
|
Energy-0.59%
|
|||
|
EOG Resources, Inc.
|
|
832,377
|
93,334,433
|
|
Financials-14.49%
|
|||
|
Allstate Corp. (The)
|
|
537,580
|
106,973,044
|
|
Ameriprise Financial, Inc.
|
|
211,497
|
111,499,103
|
|
Arch Capital Group Ltd.(b)(c)
|
|
601,933
|
57,809,645
|
|
Erie Indemnity Co., Class A(c)
|
|
52,690
|
14,911,797
|
|
FactSet Research Systems, Inc.
|
|
58,605
|
14,906,768
|
|
Jack Henry & Associates, Inc.
|
|
120,362
|
21,570,074
|
|
Mastercard, Inc., Class A
|
|
1,425,402
|
767,992,344
|
|
Moody’s Corp.
|
|
309,460
|
159,545,198
|
|
Progressive Corp. (The)
|
|
1,159,236
|
241,121,088
|
|
T. Rowe Price Group, Inc.(c)
|
|
358,203
|
37,854,893
|
|
Visa, Inc., Class A
|
|
2,357,667
|
758,767,971
|
|
|
|
|
2,292,951,925
|
|
Health Care-9.54%
|
|||
|
Bio-Techne Corp.(c)
|
|
271,660
|
17,410,689
|
|
Cencora, Inc.
|
|
356,316
|
127,995,834
|
|
Gilead Sciences, Inc.
|
|
2,884,386
|
409,438,593
|
|
IDEXX Laboratories, Inc.(b)
|
|
180,170
|
120,796,778
|
|
Incyte Corp.(b)
|
|
362,678
|
36,293,187
|
|
Merck & Co., Inc.
|
|
4,358,589
|
480,621,609
|
|
ResMed, Inc.(c)
|
|
250,790
|
64,781,565
|
|
Revvity, Inc.(c)
|
|
205,421
|
22,349,805
|
|
Solventum Corp.(b)
|
|
319,128
|
24,563,282
|
|
STERIS PLC
|
|
189,111
|
49,660,549
|
|
Waters Corp.(b)
|
|
103,509
|
38,372,856
|
|
Zoetis, Inc.
|
|
947,972
|
118,325,865
|
|
|
|
|
1,510,610,612
|
|
|
Shares
|
Value
|
|
|
Industrials-23.14%
|
|||
|
3M Co.
|
|
1,324,042
|
$202,790,273
|
|
AMETEK, Inc.
|
|
372,855
|
83,512,063
|
|
Broadridge Financial Solutions, Inc.
|
|
185,955
|
36,653,590
|
|
C.H. Robinson Worldwide, Inc.
|
|
194,616
|
37,940,389
|
|
Caterpillar, Inc.
|
|
704,743
|
463,269,858
|
|
Cintas Corp.
|
|
585,169
|
111,995,495
|
|
Dover Corp.
|
|
201,881
|
40,677,003
|
|
Eaton Corp. PLC
|
|
631,014
|
221,750,940
|
|
EMCOR Group, Inc.
|
|
88,190
|
63,561,179
|
|
Expeditors International of Washington,
Inc.
|
|
225,266
|
36,164,204
|
|
Fastenal Co.
|
|
1,938,837
|
84,067,972
|
|
GE Vernova, Inc.
|
|
482,837
|
350,718,312
|
|
Generac Holdings, Inc.(b)
|
|
85,871
|
14,429,763
|
|
General Electric Co.
|
|
2,381,246
|
730,542,460
|
|
Hubbell, Inc.(c)
|
|
89,953
|
43,891,667
|
|
Illinois Tool Works, Inc.
|
|
606,608
|
158,482,406
|
|
J.B. Hunt Transport Services, Inc.
|
|
109,508
|
22,199,462
|
|
Jacobs Solutions, Inc.
|
|
243,337
|
32,913,762
|
|
Johnson Controls International PLC
|
|
1,196,799
|
142,730,249
|
|
Leidos Holdings, Inc.
|
|
201,131
|
37,868,945
|
|
Lennox International, Inc.
|
|
69,522
|
34,418,952
|
|
Parker-Hannifin Corp.
|
|
197,847
|
185,153,136
|
|
Paycom Software, Inc.(c)
|
|
81,217
|
10,943,991
|
|
Rockwell Automation, Inc.
|
|
185,084
|
78,040,668
|
|
Snap-on, Inc.
|
|
83,177
|
30,451,931
|
|
Trane Technologies PLC
|
|
436,597
|
183,623,966
|
|
United Parcel Service, Inc., Class B
|
|
1,297,299
|
137,799,100
|
|
W.W. Grainger, Inc.
|
|
78,485
|
84,759,091
|
|
|
|
|
3,661,350,827
|
|
Information Technology-27.79%
|
|||
|
Accenture PLC, Class A
|
|
968,475
|
255,328,749
|
|
Adobe, Inc.(b)
|
|
973,884
|
285,591,483
|
|
Apple, Inc.
|
|
2,754,777
|
714,809,536
|
|
Applied Materials, Inc.
|
|
1,176,347
|
379,160,165
|
|
AppLovin Corp., Class A(b)
|
|
579,924
|
274,367,844
|
|
Cisco Systems, Inc.
|
|
6,421,145
|
502,904,076
|
|
F5, Inc.(b)(c)
|
|
82,452
|
22,724,596
|
|
Fortinet, Inc.(b)
|
|
1,680,890
|
136,589,121
|
|
Gartner, Inc.(b)
|
|
146,373
|
30,681,245
|
|
KLA Corp.
|
|
309,983
|
442,637,125
|
|
Lam Research Corp.
|
|
2,634,344
|
615,013,950
|
|
Motorola Solutions, Inc.
|
|
278,832
|
112,241,033
|
|
NetApp, Inc.
|
|
478,415
|
46,095,285
|
|
QUALCOMM, Inc.
|
|
1,877,121
|
284,552,772
|
|
Skyworks Solutions, Inc.
|
|
238,913
|
13,321,789
|
|
Trimble, Inc.(b)
|
|
449,455
|
30,383,158
|
|
Tyler Technologies, Inc.(b)
|
|
74,211
|
27,413,543
|
|
Western Digital Corp.
|
|
822,415
|
205,792,906
|
|
Zebra Technologies Corp., Class A(b)
|
|
76,879
|
18,065,028
|
|
|
|
|
4,397,673,404
|
|
Materials-2.26%
|
|||
|
CF Industries Holdings, Inc.
|
|
301,585
|
28,116,770
|
|
Corteva, Inc.
|
|
1,134,590
|
82,598,152
|
|
Newmont Corp.
|
|
1,818,779
|
204,339,821
|
|
PPG Industries, Inc.(c)
|
|
366,777
|
42,410,424
|
|
|
|
|
357,465,167
|
|
|
Shares
|
Value
|
|
|
Utilities-0.93%
|
|||
|
Constellation Energy Corp.
|
|
525,618
|
$147,530,460
|
|
Total Common Stocks & Other Equity Interests
(Cost $13,623,457,676)
|
15,812,921,575
|
||
|
Money Market Funds-0.03%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $5,377,941)
|
|
5,377,941
|
5,377,941
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.95%
(Cost $13,628,835,617)
|
15,818,299,516
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.69%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
5,181,041
|
5,181,041
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund,
3.80%(d)(e)(f)
|
|
103,205,887
|
$103,236,849
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $108,417,890)
|
108,417,890
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.64%
(Cost $13,737,253,507)
|
15,926,717,406
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.64)%
|
(100,858,358
)
|
||
|
NET ASSETS-100.00%
|
$15,825,859,048
|
||
|
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
|
$9,446,281
|
$204,043,639
|
$(208,111,979
)
|
$-
|
$-
|
$5,377,941
|
$337,354
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
50,597,862
|
527,560,580
|
(572,977,401
)
|
-
|
-
|
5,181,041
|
899,752
*
|
|
Invesco Private Prime
Fund
|
131,318,020
|
1,064,155,860
|
(1,092,240,231
)
|
4,326
|
(1,126
)
|
103,236,849
|
2,463,897
*
|
|
Total
|
$191,362,163
|
$1,795,760,079
|
$(1,873,329,611
)
|
$4,326
|
$(1,126
)
|
$113,795,831
|
$3,701,003
|
|
*
|
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-99.95%
|
|||
|
Communication Services-3.58%
|
|||
|
Versant Media Group, Inc.(b)
|
|
101,231
|
$3,298,106
|
|
Consumer Discretionary-6.36%
|
|||
|
Liberty Live Holdings, Inc., Class C(b)
|
|
38,934
|
3,215,170
|
|
Phinia, Inc.
|
|
37,007
|
2,633,788
|
|
|
|
|
5,848,958
|
|
Financials-2.77%
|
|||
|
NCR Atleos Corp.(b)(c)
|
|
68,432
|
2,552,514
|
|
Health Care-11.02%
|
|||
|
Embecta Corp.
|
|
39,432
|
418,373
|
|
Enhabit, Inc.(b)(c)
|
|
20,074
|
213,386
|
|
Fortrea Holdings, Inc.(b)
|
|
95,254
|
1,601,220
|
|
GE HealthCare Technologies, Inc.
|
|
53,971
|
4,262,090
|
|
Solventum Corp.(b)
|
|
47,373
|
3,646,300
|
|
|
|
|
10,141,369
|
|
Industrials-38.46%
|
|||
|
Amentum Holdings, Inc.(b)
|
|
123,302
|
4,411,745
|
|
Crane Co.
|
|
32,114
|
5,865,301
|
|
ESAB Corp.
|
|
32,946
|
3,989,761
|
|
Everus Construction Group, Inc.(b)(c)
|
|
37,014
|
3,275,369
|
|
GE Vernova, Inc.
|
|
7,498
|
5,446,322
|
|
MasterBrand, Inc.(b)(c)
|
|
128,888
|
1,562,123
|
|
RXO, Inc.(b)(c)
|
|
163,587
|
2,385,098
|
|
U-Haul Holding Co., Series N
|
|
69,306
|
3,556,091
|
|
Veralto Corp.
|
|
44,156
|
4,370,561
|
|
Vestis Corp.(c)
|
|
81,571
|
532,659
|
|
|
|
|
35,395,030
|
|
Information Technology-17.29%
|
|||
|
Qnity Electronics, Inc.
|
|
47,284
|
4,547,775
|
|
Ralliant Corp.
|
|
69,500
|
3,681,415
|
|
Sandisk Corp.(b)
|
|
13,338
|
7,686,023
|
|
|
|
|
15,915,213
|
|
Materials-8.28%
|
|||
|
Knife River Corp.(b)
|
|
42,801
|
2,874,943
|
|
Solstice Advanced Materials, Inc.(b)
|
|
76,771
|
4,742,145
|
|
|
|
|
7,617,088
|
|
|
Shares
|
Value
|
|
|
Real Estate-6.20%
|
|||
|
Curbline Properties Corp.(c)
|
|
96,472
|
$2,339,446
|
|
Millrose Properties, Inc.
|
|
113,058
|
3,369,128
|
|
|
|
|
5,708,574
|
|
Utilities-5.99%
|
|||
|
Constellation Energy Corp.
|
|
19,639
|
5,512,274
|
|
Total Common Stocks & Other Equity Interests
(Cost $65,417,368)
|
91,989,126
|
||
|
Money Market Funds-0.10%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $94,668)
|
|
94,668
|
94,668
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-100.05%
(Cost $65,512,036)
|
92,083,794
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-5.80%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
1,480,591
|
1,480,591
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
3,856,016
|
3,857,173
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $5,337,764)
|
5,337,764
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.85%
(Cost $70,849,800)
|
97,421,558
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.85)%
|
(5,388,312
)
|
||
|
NET ASSETS-100.00%
|
$92,033,246
|
||
|
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
|
$18,848
|
$766,511
|
$(690,691
)
|
$-
|
$-
|
$94,668
|
$1,781
|
|
|
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
|
$4,518,892
|
$22,008,124
|
$(25,046,425
)
|
$-
|
$-
|
$1,480,591
|
$75,406
*
|
|
Invesco Private Prime Fund
|
11,750,705
|
50,014,978
|
(57,909,400
)
|
392
|
498
|
3,857,173
|
204,385
*
|
|
Total
|
$16,288,445
|
$72,789,613
|
$(83,646,516
)
|
$392
|
$498
|
$5,432,432
|
$281,572
|
|
*
|
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-99.97%
|
|||
|
Building Products-9.03%
|
|||
|
A.O. Smith Corp.
|
|
1,025,701
|
$75,378,766
|
|
Advanced Drainage Systems, Inc.
|
|
558,303
|
84,884,388
|
|
Zurn Elkay Water Solutions Corp.
|
|
724,161
|
33,391,064
|
|
|
|
|
193,654,218
|
|
Chemicals-9.04%
|
|||
|
Ecolab, Inc.
|
|
621,501
|
175,257,067
|
|
Hawkins, Inc.
|
|
142,211
|
18,522,983
|
|
|
|
|
193,780,050
|
|
Commercial Services & Supplies-7.45%
|
|||
|
Tetra Tech, Inc.(b)
|
|
2,023,530
|
76,206,140
|
|
Veralto Corp.
|
|
844,820
|
83,620,283
|
|
|
|
|
159,826,423
|
|
Construction & Engineering-7.48%
|
|||
|
AECOM
|
|
829,190
|
79,958,792
|
|
NWPX Infrastructure, Inc.(b)(c)
|
|
46,533
|
3,138,651
|
|
Stantec, Inc. (Canada)
|
|
170,936
|
16,936,339
|
|
Valmont Industries, Inc.
|
|
135,333
|
60,298,971
|
|
|
|
|
160,332,753
|
|
Electronic Equipment, Instruments & Components-6.02%
|
|||
|
Badger Meter, Inc.(b)
|
|
297,285
|
43,576,035
|
|
Itron, Inc.(b)(c)
|
|
863,430
|
85,548,645
|
|
|
|
|
129,124,680
|
|
Life Sciences Tools & Services-6.93%
|
|||
|
Waters Corp.(c)
|
|
400,930
|
148,632,770
|
|
Machinery-21.28%
|
|||
|
Energy Recovery, Inc.(c)
|
|
437,982
|
6,390,157
|
|
Franklin Electric Co., Inc.
|
|
192,805
|
19,207,234
|
|
Gorman-Rupp Co. (The)
|
|
68,907
|
3,754,742
|
|
IDEX Corp.
|
|
491,631
|
97,613,335
|
|
Lindsay Corp.(b)
|
|
124,276
|
15,568,055
|
|
Mueller Industries, Inc.
|
|
561,395
|
76,428,315
|
|
Mueller Water Products, Inc., Class A
|
|
1,063,796
|
28,796,958
|
|
Pentair PLC
|
|
812,571
|
85,620,606
|
|
Watts Water Technologies, Inc., Class A
|
|
130,974
|
39,201,828
|
|
Xylem, Inc.
|
|
607,881
|
83,808,554
|
|
|
|
|
456,389,784
|
|
Software-6.64%
|
|||
|
Roper Technologies, Inc.
|
|
383,257
|
142,276,496
|
|
Trading Companies & Distributors-12.40%
|
|||
|
Core & Main, Inc., Class A(b)(c)
|
|
1,768,926
|
94,389,891
|
|
Ferguson Enterprises, Inc.
|
|
679,526
|
171,553,134
|
|
|
|
|
265,943,025
|
|
|
Shares
|
Value
|
|
|
Water Utilities-13.70%
|
|||
|
American States Water Co.
|
|
242,060
|
$17,660,698
|
|
American Water Works Co., Inc.
|
|
1,155,295
|
149,183,243
|
|
California Water Service Group
|
|
311,454
|
13,921,994
|
|
Cia de Saneamento Basico do Estado de
Sao Paulo SABESP, ADR (Brazil)(b)
|
|
796,830
|
21,402,854
|
|
Consolidated Water Co. Ltd.
|
|
79,900
|
3,026,612
|
|
Essential Utilities, Inc.
|
|
1,705,117
|
66,141,488
|
|
H2O America
|
|
251,872
|
13,107,419
|
|
Middlesex Water Co.(b)
|
|
127,863
|
6,697,464
|
|
York Water Co. (The)(b)
|
|
74,622
|
2,505,807
|
|
|
|
|
293,647,579
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,637,833,226)
|
2,143,607,778
|
||
|
|
|||
|
Money Market Funds-0.06%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $1,231,169)
|
|
1,231,169
|
1,231,169
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.03%
(Cost $1,639,064,395)
|
2,144,838,947
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-0.81%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
4,634,555
|
4,634,555
|
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
12,838,248
|
12,842,099
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $17,476,654)
|
17,476,654
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.84%
(Cost $1,656,541,049)
|
2,162,315,601
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.84)%
|
(17,977,734
)
|
||
|
NET ASSETS-100.00%
|
$2,144,337,867
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
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
|
$1,261,782
|
$27,297,863
|
$(27,328,476
)
|
$-
|
$-
|
$1,231,169
|
$54,088
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
13,670,601
|
212,438,936
|
(221,474,982
)
|
-
|
-
|
4,634,555
|
357,743
*
|
|
Invesco Private Prime Fund
|
34,437,994
|
474,136,491
|
(495,735,521
)
|
1,865
|
1,270
|
12,842,099
|
938,887
*
|
|
Total
|
$49,370,377
|
$713,873,290
|
$(744,538,979
)
|
$1,865
|
$1,270
|
$18,707,823
|
$1,350,718
|
|
*
|
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-100.03%
|
|||
|
Aerospace & Defense-1.32%
|
|||
|
Archer Aviation, Inc., Class A(b)(c)
|
|
1,300,048
|
$9,347,345
|
|
Automobile Components-3.98%
|
|||
|
Gentherm, Inc.(b)
|
|
292,205
|
9,338,872
|
|
QuantumScape Corp.(b)(c)
|
|
936,065
|
8,284,175
|
|
Solid Power, Inc.(b)(c)
|
|
2,346,354
|
10,511,666
|
|
|
|
|
28,134,713
|
|
Automobiles-6.82%
|
|||
|
NIO, Inc., ADR (China)(b)(c)
|
|
2,154,779
|
10,127,461
|
|
Niu Technologies, ADR (China)(b)
|
|
3,500,627
|
11,587,075
|
|
Rivian Automotive, Inc., Class A(b)
|
|
495,344
|
7,306,324
|
|
Tesla, Inc.(b)
|
|
22,007
|
9,472,033
|
|
XPeng, Inc., ADR (China)(b)(c)
|
|
538,166
|
9,676,225
|
|
|
|
|
48,169,118
|
|
Chemicals-5.27%
|
|||
|
Albemarle Corp.
|
|
74,141
|
12,650,679
|
|
Aspen Aerogels, Inc.(b)(c)
|
|
3,801,363
|
12,810,593
|
|
Sociedad Quimica y Minera de Chile S.A.,
ADR (Chile)(b)
|
|
153,457
|
11,791,636
|
|
|
|
|
37,252,908
|
|
Construction & Engineering-7.13%
|
|||
|
Ameresco, Inc., Class A(b)
|
|
358,721
|
11,242,316
|
|
Cadeler A/S, ADR (Denmark)(b)(c)
|
|
624,410
|
14,923,399
|
|
MYR Group, Inc.(b)(c)
|
|
48,638
|
12,161,446
|
|
Quanta Services, Inc.
|
|
25,379
|
12,045,635
|
|
|
|
|
50,372,796
|
|
Electrical Equipment-33.24%
|
|||
|
American Superconductor Corp.(b)
|
|
344,774
|
10,315,638
|
|
Amprius Technologies, Inc.(b)(c)
|
|
1,187,844
|
14,776,779
|
|
Array Technologies, Inc.(b)(c)
|
|
1,151,931
|
13,045,619
|
|
Ballard Power Systems, Inc. (Canada)(b)(c)
|
|
4,120,780
|
9,601,417
|
|
Bloom Energy Corp., Class A(b)
|
|
118,345
|
17,913,883
|
|
Energy Vault Holdings, Inc.(b)(c)
|
|
2,388,034
|
11,223,760
|
|
Enovix Corp.(b)(c)
|
|
1,291,792
|
8,551,663
|
|
Eos Energy Enterprises, Inc.(b)(c)
|
|
852,237
|
12,476,750
|
|
Fluence Energy, Inc.(b)(c)
|
|
537,161
|
16,528,444
|
|
FuelCell Energy, Inc.(b)(c)
|
|
1,286,909
|
10,539,785
|
|
Hyliion Holdings Corp.(b)(c)
|
|
5,837,684
|
11,967,252
|
|
Nextpower, Inc., Class A(b)
|
|
125,426
|
14,686,130
|
|
Plug Power, Inc.(b)(c)
|
|
5,175,403
|
10,945,977
|
|
Powell Industries, Inc.
|
|
32,608
|
14,464,583
|
|
Preformed Line Products Co.
|
|
50,494
|
12,670,964
|
|
SES AI Corp.(b)
|
|
5,553,505
|
11,273,615
|
|
Shoals Technologies Group, Inc.,
Class A(b)
|
|
1,186,933
|
11,204,648
|
|
Sunrun, Inc.(b)(c)
|
|
542,771
|
10,312,649
|
|
T1 Energy, Inc. (Norway)(b)(c)
|
|
1,475,849
|
12,293,822
|
|
|
|
|
234,793,378
|
|
Electronic Equipment, Instruments & Components-5.22%
|
|||
|
Advanced Energy Industries, Inc.
|
|
50,144
|
12,804,772
|
|
Bel Fuse, Inc., Class B
|
|
62,751
|
12,624,873
|
|
Itron, Inc.(b)
|
|
115,761
|
11,469,600
|
|
|
|
|
36,899,245
|
|
Food Products-2.10%
|
|||
|
Darling Ingredients, Inc.(b)
|
|
324,509
|
14,817,081
|
|
|
Shares
|
Value
|
|
|
Independent Power and Renewable Electricity Producers-3.50%
|
|||
|
Brookfield Renewable Corp. (Canada)(c)
|
|
283,766
|
$11,816,016
|
|
Ormat Technologies, Inc.
|
|
103,383
|
12,916,672
|
|
|
|
|
24,732,688
|
|
Machinery-1.76%
|
|||
|
ESCO Technologies, Inc.
|
|
54,491
|
12,433,212
|
|
Metals & Mining-10.17%
|
|||
|
Atlas Lithium Corp. (Poland)(b)(c)
|
|
734,798
|
3,696,034
|
|
Lifezone Metals Ltd. (Isle of Man)(b)(c)
|
|
2,736,890
|
14,478,148
|
|
Lithium Americas Corp. (Canada)(b)(c)
|
|
2,207,772
|
10,751,850
|
|
Lithium Argentina AG (Canada)(b)(c)
|
|
1,966,027
|
13,231,362
|
|
MP Materials Corp.(b)(c)
|
|
200,768
|
11,799,135
|
|
Sigma Lithium Corp. (Brazil)(b)(c)
|
|
798,031
|
8,602,774
|
|
Standard Lithium Ltd. (Canada)(b)(c)
|
|
2,137,664
|
9,277,462
|
|
|
|
|
71,836,765
|
|
Oil, Gas & Consumable Fuels-4.66%
|
|||
|
Gevo, Inc.(b)(c)
|
|
5,168,210
|
10,129,692
|
|
OPAL Fuels, Inc., Class A(b)(c)
|
|
5,053,781
|
11,674,234
|
|
REX American Resources Corp.(b)
|
|
327,898
|
11,086,231
|
|
|
|
|
32,890,157
|
|
Passenger Airlines-1.10%
|
|||
|
Joby Aviation, Inc.(b)(c)
|
|
738,848
|
7,809,623
|
|
Semiconductors & Semiconductor Equipment-12.26%
|
|||
|
Canadian Solar, Inc. (Canada)(b)(c)
|
|
420,407
|
8,040,284
|
|
Enphase Energy, Inc.(b)
|
|
325,955
|
12,053,816
|
|
First Solar, Inc.(b)
|
|
40,759
|
9,191,970
|
|
JinkoSolar Holding Co. Ltd., ADR
(China)(c)
|
|
411,672
|
10,551,153
|
|
Monolithic Power Systems, Inc.
|
|
11,671
|
13,119,955
|
|
Navitas Semiconductor Corp.(b)(c)
|
|
1,400,273
|
12,014,342
|
|
SolarEdge Technologies, Inc.(b)(c)
|
|
353,273
|
10,933,799
|
|
Universal Display Corp.
|
|
93,031
|
10,681,820
|
|
|
|
|
86,587,139
|
|
Specialty Retail-1.50%
|
|||
|
EVgo, Inc.(b)(c)
|
|
3,511,704
|
10,570,229
|
|
Total Common Stocks & Other Equity Interests
(Cost $686,679,159)
|
706,646,397
|
||
|
|
|||
|
Money Market Funds-0.02%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(d)(e)
(Cost $137,637)
|
|
137,637
|
137,637
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.05%
(Cost $686,816,796)
|
706,784,034
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-21.90%
|
|||
|
Invesco Private Government Fund,
3.65%(d)(e)(f)
|
|
43,357,745
|
43,357,745
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.80%(d)(e)(f)
|
|
111,278,590
|
$111,311,974
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $154,669,719)
|
154,669,719
|
||
|
TOTAL INVESTMENTS IN SECURITIES-121.95%
(Cost $841,486,515)
|
861,453,753
|
||
|
OTHER ASSETS LESS LIABILITIES-(21.95)%
|
(155,038,892
)
|
||
|
NET ASSETS-100.00%
|
$706,414,861
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at 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
|
$453,923
|
$9,943,710
|
$(10,259,996
)
|
$-
|
$-
|
$137,637
|
$16,425
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
17,006,372
|
274,504,822
|
(248,153,449
)
|
-
|
-
|
43,357,745
|
923,152
*
|
|
Invesco Private Prime Fund
|
43,541,274
|
538,993,073
|
(471,230,626
)
|
2,532
|
5,721
|
111,311,974
|
2,483,962
*
|
|
Total
|
$61,001,569
|
$823,441,605
|
$(729,644,071
)
|
$2,532
|
$5,721
|
$154,807,356
|
$3,423,539
|
|
*
|
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 Aerospace & Defense ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$7,816,150,306
|
$-
|
$-
|
$7,816,150,306
|
|
Money Market Funds
|
-
|
407,778,947
|
-
|
407,778,947
|
|
Total Investments
|
$7,816,150,306
|
$407,778,947
|
$-
|
$8,223,929,253
|
|
Invesco Dorsey Wright Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,340,088,682
|
$-
|
$-
|
$1,340,088,682
|
|
Money Market Funds
|
847,791
|
21,425,820
|
-
|
22,273,611
|
|
Total Investments
|
$1,340,936,473
|
$21,425,820
|
$-
|
$1,362,362,293
|
|
Invesco Global Listed Private Equity ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$142,872,821
|
$161,214,871
|
$-
|
$304,087,692
|
|
Closed-End Funds
|
1,062,273
|
29,003,015
|
-
|
30,065,288
|
|
Money Market Funds
|
-
|
96,776,319
|
-
|
96,776,319
|
|
Total Investments
|
$143,935,094
|
$286,994,205
|
$-
|
$430,929,299
|
|
Invesco Golden Dragon China ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$136,673,456
|
$-
|
$-
|
$136,673,456
|
|
Money Market Funds
|
264,601
|
33,992,240
|
-
|
34,256,841
|
|
Total Investments
|
$136,938,057
|
$33,992,240
|
$-
|
$170,930,297
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco MSCI Sustainable Future ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$57,094,100
|
$87,364,721
|
$-
|
$144,458,821
|
|
Money Market Funds
|
136,260
|
20,483,737
|
-
|
20,619,997
|
|
Total Investments
|
$57,230,360
|
$107,848,458
|
$-
|
$165,078,818
|
|
Invesco S&P 500® Quality ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$15,812,921,575
|
$-
|
$-
|
$15,812,921,575
|
|
Money Market Funds
|
5,377,941
|
108,417,890
|
-
|
113,795,831
|
|
Total Investments
|
$15,818,299,516
|
$108,417,890
|
$-
|
$15,926,717,406
|
|
Invesco S&P Spin-Off ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$91,989,126
|
$-
|
$-
|
$91,989,126
|
|
Money Market Funds
|
94,668
|
5,337,764
|
-
|
5,432,432
|
|
Total Investments
|
$92,083,794
|
$5,337,764
|
$-
|
$97,421,558
|
|
Invesco Water Resources ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,143,607,778
|
$-
|
$-
|
$2,143,607,778
|
|
Money Market Funds
|
1,231,169
|
17,476,654
|
-
|
18,707,823
|
|
Total Investments
|
$2,144,838,947
|
$17,476,654
|
$-
|
$2,162,315,601
|
|
Invesco WilderHill Clean Energy ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$706,646,397
|
$-
|
$-
|
$706,646,397
|
|
Money Market Funds
|
137,637
|
154,669,719
|
-
|
154,807,356
|
|
Total Investments
|
$706,784,034
|
$154,669,719
|
$-
|
$861,453,753
|