|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-3.61%
|
|||
|
Alphabet, Inc., Class A, (Acquired 08/09/2024 -
05/21/2026; Cost $151,172)(b)
|
|
558
|
$212,230
|
|
Alphabet, Inc., Class C, (Acquired 08/09/2024 -
05/21/2026; Cost $122,024)(b)
|
|
451
|
169,770
|
|
AT&T, Inc.
|
|
12,931
|
320,689
|
|
News Corp., Class A
|
|
9,176
|
239,493
|
|
News Corp., Class B(c)
|
|
3,030
|
90,355
|
|
Paramount Skydance Corp.(c)
|
|
28,821
|
305,791
|
|
Take-Two Interactive Software, Inc.(d)
|
|
1,534
|
343,861
|
|
T-Mobile US, Inc.
|
|
1,711
|
320,864
|
|
Walt Disney Co. (The)
|
|
3,207
|
326,569
|
|
|
|
|
2,329,622
|
|
Consumer Discretionary-9.83%
|
|||
|
Aptiv PLC(d)
|
|
5,503
|
373,874
|
|
Best Buy Co., Inc.
|
|
5,026
|
391,777
|
|
Carnival Corp. Ltd.
|
|
12,231
|
343,202
|
|
eBay, Inc.
|
|
3,171
|
346,495
|
|
Expedia Group, Inc.
|
|
1,219
|
275,238
|
|
Ford Motor Co.
|
|
26,182
|
456,614
|
|
Hasbro, Inc.
|
|
3,673
|
316,502
|
|
Hilton Worldwide Holdings, Inc.
|
|
982
|
321,762
|
|
Home Depot, Inc. (The)
|
|
973
|
308,577
|
|
Lowe’s Cos., Inc.
|
|
1,330
|
285,099
|
|
Marriott International, Inc., Class A
|
|
892
|
335,035
|
|
NIKE, Inc., Class B
|
|
7,214
|
333,503
|
|
Norwegian Cruise Line Holdings Ltd.(c)(d)
|
|
17,311
|
317,484
|
|
Ralph Lauren Corp.
|
|
864
|
314,410
|
|
Royal Caribbean Cruises Ltd.
|
|
1,234
|
351,233
|
|
Tapestry, Inc.
|
|
2,224
|
323,503
|
|
Ulta Beauty, Inc.(d)
|
|
587
|
298,695
|
|
Williams-Sonoma, Inc.
|
|
1,651
|
336,094
|
|
Yum! Brands, Inc.
|
|
2,083
|
308,180
|
|
|
|
|
6,337,277
|
|
Consumer Staples-7.28%
|
|||
|
Campbell’s Co. (The)(c)
|
|
16,002
|
337,802
|
|
Colgate-Palmolive Co.
|
|
4,090
|
368,632
|
|
General Mills, Inc.
|
|
9,548
|
322,818
|
|
Hershey Co. (The)
|
|
1,770
|
343,433
|
|
Kenvue, Inc.
|
|
19,342
|
334,230
|
|
Keurig Dr Pepper, Inc.
|
|
12,653
|
379,970
|
|
Kimberly-Clark Corp.
|
|
3,464
|
338,086
|
|
Kraft Heinz Co. (The)
|
|
15,222
|
365,480
|
|
Kroger Co. (The)
|
|
4,864
|
302,298
|
|
McCormick & Co., Inc.
|
|
6,437
|
304,921
|
|
Mondelez International, Inc., Class A
|
|
5,962
|
364,695
|
|
PepsiCo, Inc.
|
|
2,157
|
311,018
|
|
Target Corp.
|
|
2,533
|
321,868
|
|
Walmart, Inc.
|
|
2,581
|
298,751
|
|
|
|
|
4,694,002
|
|
Financials-15.46%
|
|||
|
Aflac, Inc.
|
|
2,885
|
324,332
|
|
Allstate Corp. (The)
|
|
1,547
|
318,821
|
|
American Express Co.
|
|
1,014
|
320,901
|
|
American International Group, Inc.
|
|
4,293
|
318,669
|
|
Apollo Global Management, Inc.
|
|
2,627
|
338,121
|
|
Arthur J. Gallagher & Co.
|
|
1,488
|
299,252
|
|
Assurant, Inc.
|
|
1,458
|
362,852
|
|
Bank of America Corp.
|
|
6,255
|
322,758
|
|
Bank of New York Mellon Corp. (The)
|
|
2,426
|
338,257
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Cboe Global Markets, Inc.
|
|
1,120
|
$373,587
|
|
Fifth Third Bancorp
|
|
6,549
|
326,992
|
|
Fiserv, Inc.(d)
|
|
5,291
|
299,259
|
|
Goldman Sachs Group, Inc. (The)
|
|
360
|
369,202
|
|
Hartford Insurance Group, Inc. (The)
|
|
2,404
|
305,621
|
|
Huntington Bancshares, Inc.
|
|
19,720
|
322,619
|
|
Intercontinental Exchange, Inc.
|
|
2,109
|
311,816
|
|
M&T Bank Corp.
|
|
1,526
|
329,784
|
|
Mastercard, Inc., Class A
|
|
655
|
323,557
|
|
MetLife, Inc.
|
|
4,320
|
357,221
|
|
Moody’s Corp.
|
|
729
|
330,419
|
|
MSCI, Inc.
|
|
559
|
352,941
|
|
Nasdaq, Inc.
|
|
3,820
|
353,426
|
|
Northern Trust Corp.
|
|
1,947
|
322,131
|
|
PayPal Holdings, Inc.
|
|
6,578
|
294,365
|
|
Principal Financial Group, Inc.
|
|
3,498
|
362,463
|
|
Prudential Financial, Inc.
|
|
3,469
|
349,120
|
|
S&P Global, Inc.
|
|
751
|
318,424
|
|
State Street Corp.
|
|
2,178
|
338,984
|
|
U.S. Bancorp
|
|
5,887
|
322,902
|
|
Visa, Inc., Class A
|
|
1,081
|
352,795
|
|
|
|
|
9,961,591
|
|
Health Care-12.93%
|
|||
|
Abbott Laboratories
|
|
3,610
|
309,016
|
|
AbbVie, Inc.
|
|
1,632
|
355,319
|
|
Agilent Technologies, Inc.
|
|
2,739
|
371,217
|
|
Becton, Dickinson and Co.
|
|
2,137
|
314,395
|
|
Boston Scientific Corp.(d)
|
|
5,621
|
271,551
|
|
Bristol-Myers Squibb Co.
|
|
5,632
|
322,038
|
|
Cardinal Health, Inc.
|
|
1,632
|
321,178
|
|
Centene Corp.(d)
|
|
8,542
|
509,103
|
|
Charles River Laboratories International, Inc.(d)
|
|
1,828
|
330,338
|
|
Cigna Group (The)
|
|
1,210
|
335,654
|
|
CVS Health Corp.
|
|
4,326
|
393,579
|
|
Danaher Corp.
|
|
1,718
|
313,827
|
|
DaVita, Inc.(d)
|
|
2,230
|
433,423
|
|
Edwards Lifesciences Corp.(d)
|
|
4,199
|
363,088
|
|
Elevance Health, Inc.
|
|
1,019
|
400,661
|
|
GE HealthCare Technologies, Inc.
|
|
4,632
|
288,759
|
|
Gilead Sciences, Inc.
|
|
2,508
|
337,150
|
|
Humana, Inc.
|
|
1,536
|
469,125
|
|
Medtronic PLC
|
|
4,082
|
301,292
|
|
Merck & Co., Inc.
|
|
2,971
|
352,717
|
|
Moderna, Inc.(d)
|
|
6,170
|
291,162
|
|
Regeneron Pharmaceuticals, Inc.
|
|
446
|
274,192
|
|
ResMed, Inc.
|
|
1,512
|
288,142
|
|
Waters Corp.(d)
|
|
1,000
|
383,570
|
|
|
|
|
8,330,496
|
|
Industrials-15.91%
|
|||
|
Broadridge Financial Solutions, Inc.
|
|
2,066
|
317,586
|
|
C.H. Robinson Worldwide, Inc.
|
|
1,822
|
325,500
|
|
Carrier Global Corp.
|
|
5,422
|
346,303
|
|
Caterpillar, Inc.
|
|
419
|
366,990
|
|
CSX Corp.
|
|
7,716
|
349,226
|
|
Cummins, Inc.
|
|
522
|
337,541
|
|
Deere & Co.
|
|
571
|
309,585
|
|
Dover Corp.
|
|
1,518
|
320,844
|
|
Emerson Electric Co.
|
|
2,310
|
332,224
|
|
GE Vernova, Inc.
|
|
339
|
328,260
|
|
Hubbell, Inc.
|
|
611
|
289,376
|
|
Ingersoll Rand, Inc.
|
|
3,945
|
282,620
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
J.B. Hunt Transport Services, Inc.
|
|
1,331
|
$367,928
|
|
Johnson Controls International PLC
|
|
2,392
|
320,672
|
|
Lennox International, Inc.
|
|
677
|
339,962
|
|
Otis Worldwide Corp.
|
|
4,243
|
300,574
|
|
PACCAR, Inc.
|
|
2,651
|
292,591
|
|
Pentair PLC
|
|
3,717
|
263,312
|
|
Quanta Services, Inc.
|
|
551
|
392,163
|
|
Republic Services, Inc.
|
|
1,629
|
326,517
|
|
Rockwell Automation, Inc.
|
|
816
|
368,065
|
|
Southwest Airlines Co.
|
|
8,178
|
351,245
|
|
Stanley Black & Decker, Inc.
|
|
4,390
|
348,654
|
|
Trane Technologies PLC
|
|
699
|
315,459
|
|
Union Pacific Corp.
|
|
1,331
|
349,574
|
|
United Rentals, Inc.
|
|
416
|
414,199
|
|
Veralto Corp.
|
|
3,732
|
306,882
|
|
Verisk Analytics, Inc.
|
|
1,836
|
321,282
|
|
W.W. Grainger, Inc.
|
|
284
|
350,524
|
|
Waste Management, Inc.
|
|
1,496
|
316,344
|
|
Xylem, Inc.
|
|
2,786
|
305,178
|
|
|
|
|
10,257,180
|
|
Information Technology-20.56%
|
|||
|
Accenture PLC, Class A
|
|
1,719
|
321,573
|
|
Adobe, Inc.(d)
|
|
1,355
|
351,230
|
|
Advanced Micro Devices, Inc.(d)
|
|
1,175
|
606,417
|
|
Akamai Technologies, Inc.(d)
|
|
3,409
|
509,782
|
|
Autodesk, Inc.(d)
|
|
1,362
|
315,044
|
|
Cisco Systems, Inc.
|
|
3,729
|
449,046
|
|
Corning, Inc.
|
|
2,022
|
366,305
|
|
Fortinet, Inc.(d)
|
|
3,926
|
541,670
|
|
Gen Digital, Inc.
|
|
16,807
|
433,453
|
|
Hewlett Packard Enterprise Co.
|
|
11,625
|
500,340
|
|
HP, Inc.
|
|
15,867
|
429,044
|
|
Intel Corp.(d)
|
|
5,048
|
578,905
|
|
International Business Machines Corp.
|
|
1,309
|
389,820
|
|
Jabil, Inc.
|
|
1,004
|
366,018
|
|
Keysight Technologies, Inc.(d)
|
|
985
|
333,255
|
|
KLA Corp.
|
|
188
|
361,281
|
|
Lam Research Corp.
|
|
1,293
|
411,407
|
|
Micron Technology, Inc.
|
|
744
|
722,424
|
|
Microsoft Corp.
|
|
788
|
354,789
|
|
NetApp, Inc.
|
|
2,994
|
521,824
|
|
NVIDIA Corp.
|
|
1,673
|
353,237
|
|
ON Semiconductor Corp.(d)
|
|
3,848
|
464,146
|
|
Palo Alto Networks, Inc.(d)
|
|
1,911
|
538,310
|
|
QUALCOMM, Inc.
|
|
2,467
|
619,266
|
|
Salesforce, Inc.
|
|
1,787
|
341,496
|
|
Seagate Technology Holdings PLC
|
|
596
|
524,361
|
|
ServiceNow, Inc.(d)
|
|
3,342
|
415,645
|
|
TE Connectivity PLC (Switzerland)
|
|
1,375
|
293,439
|
|
Western Digital Corp.
|
|
870
|
462,153
|
|
Workday, Inc., Class A(d)
|
|
2,589
|
378,486
|
|
|
|
|
13,254,166
|
|
Materials-4.91%
|
|||
|
Air Products and Chemicals, Inc.
|
|
1,135
|
316,234
|
|
Ball Corp.
|
|
5,280
|
288,658
|
|
CRH PLC
|
|
2,850
|
310,051
|
|
Dow, Inc.
|
|
8,734
|
294,772
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Ecolab, Inc.
|
|
1,235
|
$316,160
|
|
Freeport-McMoRan, Inc.
|
|
4,952
|
325,396
|
|
Linde PLC
|
|
675
|
335,941
|
|
LyondellBasell Industries N.V., Class A
|
|
4,685
|
312,255
|
|
Mosaic Co. (The)
|
|
13,829
|
330,513
|
|
Newmont Corp.
|
|
3,059
|
335,909
|
|
|
|
|
3,165,889
|
|
Real Estate-6.90%
|
|||
|
Alexandria Real Estate Equities, Inc.
|
|
6,997
|
347,611
|
|
BXP, Inc.
|
|
5,721
|
343,317
|
|
CBRE Group, Inc., Class A(d)
|
|
2,232
|
279,089
|
|
Digital Realty Trust, Inc.
|
|
1,663
|
315,970
|
|
Equity Residential
|
|
5,411
|
354,150
|
|
Federal Realty Investment Trust
|
|
3,008
|
359,847
|
|
Healthpeak Properties, Inc.
|
|
20,317
|
389,071
|
|
Host Hotels & Resorts, Inc.
|
|
15,844
|
364,095
|
|
Iron Mountain, Inc.
|
|
2,840
|
364,230
|
|
Kimco Realty Corp.
|
|
14,124
|
340,106
|
|
Prologis, Inc.
|
|
2,356
|
338,015
|
|
SBA Communications Corp., Class A
|
|
1,569
|
318,758
|
|
Weyerhaeuser Co.
|
|
13,445
|
329,537
|
|
|
|
|
4,443,796
|
|
Utilities-2.49%
|
|||
|
American Water Works Co., Inc.
|
|
2,534
|
312,366
|
|
Eversource Energy
|
|
5,006
|
341,760
|
|
Exelon Corp.
|
|
7,231
|
330,023
|
|
NRG Energy, Inc.
|
|
2,230
|
298,998
|
|
Sempra
|
|
3,592
|
320,154
|
|
|
|
|
1,603,301
|
|
Total Common Stocks & Other Equity Interests
(Cost $57,258,190)
|
64,377,320
|
||
|
Money Market Funds-0.03%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(f)
(Cost $19,970)
|
|
19,970
|
19,970
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.91%
(Cost $57,278,160)
|
64,397,290
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.60%
|
|||
|
Invesco Private Government Fund, 3.58%(e)(f)(g)
|
|
106,722
|
106,722
|
|
Invesco Private Prime Fund, 3.75%(e)(f)(g)
|
|
279,500
|
279,556
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $386,278)
|
386,278
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.51%
(Cost $57,664,438)
|
64,783,568
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.51)%
|
(330,510
)
|
||
|
NET ASSETS-100.00%
|
$64,453,058
|
||
|
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)
|
Restricted security. The aggregate value of these securities at May 31, 2026 was $382,000, which represented 0.59% of the Fund’s Net Assets.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$-
|
$859,794
|
$(839,824
)
|
$-
|
$-
|
$19,970
|
$702
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
763,317
|
5,676,223
|
(6,332,818
)
|
-
|
-
|
106,722
|
7,458
*
|
|
Invesco Private Prime Fund
|
1,980,489
|
10,894,146
|
(12,594,960
)
|
(48
)
|
(71
)
|
279,556
|
19,760
*
|
|
Total
|
$2,743,806
|
$17,430,163
|
$(19,767,602
)
|
$(48
)
|
$(71
)
|
$406,248
|
$27,920
|
|
*
|
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 May 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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.97%
|
|||
|
Communication Services-9.96%
|
|||
|
Alphabet, Inc., Class A, (Acquired
03/02/2026 - 05/29/2026;
Cost $65,768,193)(b)
|
|
213,120
|
$81,058,061
|
|
Alphabet, Inc., Class C, (Acquired
11/11/2025 - 05/27/2026;
Cost $40,475,886)(b)
|
|
131,438
|
49,477,206
|
|
AT&T, Inc.
|
|
280,967
|
6,967,982
|
|
Comcast Corp., Class A
|
|
179,062
|
4,453,272
|
|
Meta Platforms, Inc., Class A
|
|
73,274
|
46,346,538
|
|
Netflix, Inc.(c)
|
|
145,830
|
12,544,296
|
|
Take-Two Interactive Software, Inc.(c)
|
|
10,595
|
2,374,975
|
|
T-Mobile US, Inc.
|
|
22,165
|
4,156,602
|
|
Verizon Communications, Inc.
|
|
168,241
|
8,043,602
|
|
Walt Disney Co. (The)
|
|
70,561
|
7,185,227
|
|
Warner Bros. Discovery, Inc.(c)
|
|
91,401
|
2,468,741
|
|
|
|
|
225,076,502
|
|
Consumer Discretionary-9.40%
|
|||
|
Airbnb, Inc., Class A(c)
|
|
20,081
|
2,676,998
|
|
Amazon.com, Inc.(c)
|
|
319,146
|
86,373,673
|
|
AutoZone, Inc.(c)
|
|
710
|
2,083,985
|
|
Booking Holdings, Inc.
|
|
30,788
|
5,154,835
|
|
Chipotle Mexican Grill, Inc.(c)
|
|
64,989
|
2,070,550
|
|
DoorDash, Inc., Class A(c)
|
|
15,145
|
2,412,447
|
|
eBay, Inc.
|
|
21,326
|
2,330,292
|
|
Ford Motor Co.
|
|
224,376
|
3,913,117
|
|
General Motors Co.
|
|
43,108
|
3,588,310
|
|
Hilton Worldwide Holdings, Inc.
|
|
11,150
|
3,653,409
|
|
Home Depot, Inc. (The)
|
|
37,533
|
11,903,216
|
|
Lowe’s Cos., Inc.
|
|
20,593
|
4,414,316
|
|
Marriott International, Inc., Class A
|
|
8,727
|
3,277,861
|
|
McDonald’s Corp.
|
|
28,806
|
8,042,635
|
|
MercadoLibre, Inc. (Brazil)(c)
|
|
1,860
|
3,153,909
|
|
NIKE, Inc., Class B
|
|
59,362
|
2,744,305
|
|
O’Reilly Automotive, Inc.(c)
|
|
32,753
|
2,845,581
|
|
Restaurant Brands International, Inc.
(Canada)
|
|
30,855
|
2,310,401
|
|
Ross Stores, Inc.
|
|
13,372
|
3,098,694
|
|
Royal Caribbean Cruises Ltd.
|
|
9,080
|
2,584,440
|
|
Starbucks Corp.
|
|
44,176
|
4,380,492
|
|
Tesla, Inc.(c)
|
|
93,392
|
40,699,300
|
|
TJX Cos., Inc. (The)
|
|
39,711
|
6,145,277
|
|
Yum! Brands, Inc.
|
|
17,186
|
2,542,669
|
|
|
|
|
212,400,712
|
|
Consumer Staples-4.95%
|
|||
|
Altria Group, Inc.
|
|
70,810
|
4,926,960
|
|
Church & Dwight Co., Inc.
|
|
24,715
|
2,363,495
|
|
Coca-Cola Co. (The)
|
|
152,453
|
12,045,311
|
|
Colgate-Palmolive Co.
|
|
44,918
|
4,048,459
|
|
Costco Wholesale Corp.
|
|
14,946
|
14,293,159
|
|
General Mills, Inc.(d)
|
|
71,702
|
2,424,245
|
|
Hershey Co. (The)
|
|
9,393
|
1,822,524
|
|
Kenvue, Inc.
|
|
118,581
|
2,049,080
|
|
Keurig Dr Pepper, Inc.
|
|
83,260
|
2,500,298
|
|
Kraft Heinz Co. (The)
|
|
115,344
|
2,769,409
|
|
Loblaw Cos. Ltd. (Canada)
|
|
55,338
|
2,477,365
|
|
Mondelez International, Inc., Class A
|
|
65,549
|
4,009,632
|
|
Monster Beverage Corp.(c)
|
|
30,695
|
2,703,616
|
|
PepsiCo, Inc.
|
|
52,910
|
7,629,093
|
|
Philip Morris International, Inc. (Switzerland)
|
|
56,195
|
9,967,869
|
|
Procter & Gamble Co. (The)
|
|
87,816
|
12,606,865
|
|
|
Shares
|
Value
|
|
|
Consumer Staples-(continued)
|
|||
|
Sysco Corp.
|
|
37,181
|
$2,818,692
|
|
Target Corp.
|
|
21,490
|
2,730,734
|
|
Walmart, Inc.
|
|
152,505
|
17,652,454
|
|
|
|
|
111,839,260
|
|
Energy-3.62%
|
|||
|
Baker Hughes Co., Class A
|
|
57,980
|
3,703,762
|
|
Cameco Corp. (Canada)
|
|
25,421
|
2,858,675
|
|
Cheniere Energy, Inc.
|
|
11,054
|
2,485,602
|
|
Chevron Corp.
|
|
65,699
|
11,987,440
|
|
ConocoPhillips
|
|
53,511
|
6,099,184
|
|
Devon Energy Corp.
|
|
61,150
|
2,720,564
|
|
Diamondback Energy, Inc.
|
|
22,685
|
4,343,724
|
|
Enbridge, Inc. (Canada)
|
|
96,781
|
5,314,155
|
|
EOG Resources, Inc.
|
|
33,050
|
4,408,209
|
|
Exxon Mobil Corp.
|
|
142,910
|
20,759,107
|
|
ONEOK, Inc.
|
|
38,263
|
3,211,796
|
|
SLB Ltd.
|
|
82,917
|
4,523,122
|
|
TC Energy Corp. (Canada)
|
|
8
|
533
|
|
TechnipFMC PLC (United Kingdom)
|
|
41,914
|
2,867,756
|
|
Whitecap Resources, Inc. (Canada)
|
|
266,808
|
3,067,939
|
|
Williams Cos., Inc. (The)
|
|
46,373
|
3,310,568
|
|
|
|
|
81,662,136
|
|
Financials-11.61%
|
|||
|
Aflac, Inc.
|
|
23,862
|
2,682,566
|
|
Allstate Corp. (The)
|
|
12,167
|
2,507,497
|
|
American Express Co.
|
|
22,438
|
7,100,954
|
|
Aon PLC, Class A
|
|
11,823
|
3,736,777
|
|
Apollo Global Management, Inc.(d)
|
|
19,497
|
2,509,459
|
|
Arthur J. Gallagher & Co.
|
|
12,318
|
2,477,273
|
|
Bank of America Corp.
|
|
238,238
|
12,293,081
|
|
Bank of Montreal (Canada)
|
|
31,919
|
5,188,648
|
|
Bank of New York Mellon Corp. (The)
|
|
32,319
|
4,506,238
|
|
Bank of Nova Scotia (The) (Canada)
|
|
61,045
|
4,902,035
|
|
BlackRock, Inc.
|
|
5,899
|
6,175,545
|
|
Blackstone, Inc., Class A
|
|
34,248
|
4,005,989
|
|
Block, Inc., Class A(c)
|
|
28,005
|
2,120,539
|
|
Brookfield Corp. (Canada)
|
|
98,954
|
4,511,851
|
|
Canadian Imperial Bank of Commerce
(Canada)
|
|
42,850
|
4,681,134
|
|
Capital One Financial Corp.
|
|
25,076
|
4,712,533
|
|
Charles Schwab Corp. (The)
|
|
63,151
|
5,516,240
|
|
Chubb Ltd.
|
|
15,110
|
4,710,240
|
|
Citigroup, Inc.
|
|
64,750
|
8,152,025
|
|
CME Group, Inc., Class A
|
|
16,232
|
4,440,101
|
|
Goldman Sachs Group, Inc. (The)
|
|
10,994
|
11,275,007
|
|
Intercontinental Exchange, Inc.
|
|
25,634
|
3,789,987
|
|
JPMorgan Chase & Co.
|
|
91,604
|
27,417,993
|
|
KKR & Co., Inc., Class A
|
|
29,372
|
2,817,950
|
|
Manulife Financial Corp. (Canada)(d)
|
|
96,493
|
3,693,569
|
|
Marsh & McLennan Cos., Inc.
|
|
27,955
|
4,471,961
|
|
Mastercard, Inc., Class A
|
|
29,870
|
14,755,183
|
|
MetLife, Inc.
|
|
3
|
248
|
|
Moody’s Corp.
|
|
8,044
|
3,645,943
|
|
Morgan Stanley
|
|
45,201
|
9,401,808
|
|
Nasdaq, Inc.
|
|
33,883
|
3,134,855
|
|
National Bank of Canada (Canada)
|
|
23,395
|
3,419,367
|
|
PayPal Holdings, Inc.
|
|
47,798
|
2,138,960
|
|
PNC Financial Services Group, Inc. (The)
|
|
16,797
|
3,714,153
|
|
Progressive Corp. (The)
|
|
23,116
|
4,401,286
|
|
Robinhood Markets, Inc., Class A(c)
|
|
31,955
|
3,013,356
|
|
Royal Bank of Canada (Canada)
|
|
54,659
|
10,492,560
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
S&P Global, Inc.
|
|
13,529
|
$5,736,296
|
|
Toronto-Dominion Bank (The) (Canada)
|
|
66,560
|
7,622,112
|
|
Travelers Cos., Inc. (The)
|
|
10,241
|
2,989,245
|
|
Truist Financial Corp.
|
|
72,461
|
3,493,345
|
|
U.S. Bancorp
|
|
65,164
|
3,574,245
|
|
Visa, Inc., Class A
|
|
59,922
|
19,556,144
|
|
Wells Fargo & Co.
|
|
107,046
|
8,300,347
|
|
Willis Towers Watson PLC
|
|
9,604
|
2,397,831
|
|
|
|
|
262,184,476
|
|
Health Care-8.10%
|
|||
|
Abbott Laboratories
|
|
72,094
|
6,171,247
|
|
AbbVie, Inc.
|
|
62,260
|
13,555,247
|
|
Agilent Technologies, Inc.
|
|
21,246
|
2,879,470
|
|
Amgen, Inc.
|
|
21,480
|
7,234,249
|
|
Becton, Dickinson and Co.
|
|
19,665
|
2,893,115
|
|
Boston Scientific Corp.(c)
|
|
73,625
|
3,556,824
|
|
Bristol-Myers Squibb Co.
|
|
85,667
|
4,898,439
|
|
Cardinal Health, Inc.
|
|
13,048
|
2,567,846
|
|
Cencora, Inc.
|
|
10,925
|
2,942,758
|
|
Cigna Group (The)
|
|
10,221
|
2,835,306
|
|
CVS Health Corp.
|
|
49,536
|
4,506,785
|
|
Danaher Corp.
|
|
24,161
|
4,413,490
|
|
Edwards Lifesciences Corp.(c)
|
|
30,629
|
2,648,490
|
|
Elevance Health, Inc.
|
|
8,862
|
3,484,450
|
|
Eli Lilly and Co.
|
|
26,662
|
29,461,510
|
|
Gilead Sciences, Inc.
|
|
48,326
|
6,496,464
|
|
HCA Healthcare, Inc.
|
|
5,629
|
2,130,802
|
|
Intuitive Surgical, Inc.(c)
|
|
12,489
|
5,303,329
|
|
Johnson & Johnson
|
|
87,301
|
19,671,534
|
|
McKesson Corp.
|
|
5,298
|
3,933,447
|
|
Medtronic PLC
|
|
59,551
|
4,395,459
|
|
Merck & Co., Inc.
|
|
90,943
|
10,796,753
|
|
Pfizer, Inc.
|
|
248,734
|
6,511,856
|
|
Regeneron Pharmaceuticals, Inc.
|
|
4,292
|
2,638,636
|
|
Stryker Corp.
|
|
12,609
|
3,846,880
|
|
Thermo Fisher Scientific, Inc.
|
|
14,318
|
7,051,758
|
|
UnitedHealth Group, Inc.
|
|
31,096
|
11,826,120
|
|
Vertex Pharmaceuticals, Inc.(c)
|
|
9,843
|
4,405,136
|
|
Waters Corp.(c)
|
|
16
|
6,137
|
|
|
|
|
183,063,537
|
|
Industrials-9.08%
|
|||
|
3M Co.
|
|
25,903
|
3,966,526
|
|
AMETEK, Inc.
|
|
15,306
|
3,456,860
|
|
Automatic Data Processing, Inc.
|
|
20,613
|
4,572,788
|
|
Bloom Energy Corp., Class A(c)
|
|
10,012
|
2,853,420
|
|
Boeing Co. (The)(c)
|
|
26,585
|
6,145,123
|
|
Broadridge Financial Solutions, Inc.
|
|
16,970
|
2,608,628
|
|
Canadian National Railway Co. (Canada)
|
|
29,984
|
3,553,329
|
|
Canadian Pacific Kansas City Ltd. (Canada)
|
|
44,863
|
4,009,027
|
|
Carrier Global Corp.
|
|
46,547
|
2,972,957
|
|
Caterpillar, Inc.
|
|
16,651
|
14,584,111
|
|
Cintas Corp.
|
|
14,560
|
2,493,546
|
|
Comfort Systems USA, Inc.
|
|
1,744
|
3,188,398
|
|
CSX Corp.
|
|
86,756
|
3,926,577
|
|
Cummins, Inc.
|
|
7,753
|
5,013,322
|
|
Deere & Co.
|
|
10,331
|
5,601,262
|
|
Dover Corp.
|
|
18,738
|
3,960,464
|
|
Eaton Corp. PLC
|
|
17,264
|
6,915,958
|
|
Element Fleet Management Corp.
(Canada)(d)
|
|
117,160
|
2,336,311
|
|
Emerson Electric Co.
|
|
28,045
|
4,033,432
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
GE Vernova, Inc.
|
|
9,543
|
$9,240,678
|
|
General Dynamics Corp.
|
|
9,736
|
3,376,640
|
|
General Electric Co.
|
|
36,494
|
11,815,297
|
|
Honeywell International, Inc.
|
|
27,997
|
6,659,366
|
|
Howmet Aerospace, Inc.
|
|
15,687
|
4,051,168
|
|
Ingersoll Rand, Inc.
|
|
42,118
|
3,017,334
|
|
Johnson Controls International PLC
|
|
31,219
|
4,185,219
|
|
L3Harris Technologies, Inc.
|
|
11,015
|
3,471,708
|
|
Lockheed Martin Corp.
|
|
8,334
|
4,420,770
|
|
Norfolk Southern Corp.
|
|
11,244
|
3,428,970
|
|
Northrop Grumman Corp.
|
|
6,075
|
3,424,356
|
|
Otis Worldwide Corp.
|
|
39,829
|
2,821,486
|
|
PACCAR, Inc.
|
|
33,637
|
3,712,516
|
|
Parker-Hannifin Corp.
|
|
5,765
|
4,869,292
|
|
Quanta Services, Inc.
|
|
5,946
|
4,231,947
|
|
Rocket Lab Corp.(c)
|
|
20,581
|
2,952,962
|
|
RTX Corp.
|
|
48,711
|
8,751,418
|
|
Trane Technologies PLC
|
|
11,188
|
5,049,144
|
|
TransDigm Group, Inc.
|
|
2,542
|
3,198,649
|
|
Uber Technologies, Inc.(c)
|
|
68,878
|
4,849,011
|
|
Union Pacific Corp.
|
|
23,129
|
6,074,601
|
|
United Rentals, Inc.
|
|
2,887
|
2,874,499
|
|
Verisk Analytics, Inc.
|
|
11,679
|
2,043,708
|
|
Vertiv Holdings Co., Class A
|
|
13,862
|
4,376,372
|
|
Waste Management, Inc.
|
|
14,489
|
3,063,844
|
|
Xylem, Inc.
|
|
25,788
|
2,824,818
|
|
|
|
|
204,977,812
|
|
Information Technology-37.87%
|
|||
|
Accenture PLC, Class A
|
|
26,083
|
4,879,347
|
|
Adobe, Inc.(c)
|
|
17,299
|
4,484,074
|
|
Advanced Micro Devices, Inc.(c)
|
|
55,473
|
28,629,615
|
|
Amphenol Corp., Class A
|
|
48,000
|
7,140,480
|
|
Analog Devices, Inc.
|
|
19,141
|
7,921,503
|
|
Apple, Inc.
|
|
484,888
|
151,314,149
|
|
Applied Materials, Inc.
|
|
30,695
|
13,814,592
|
|
AppLovin Corp., Class A(c)
|
|
8,088
|
4,958,672
|
|
Arista Networks, Inc.(c)
|
|
41,852
|
6,674,138
|
|
Astera Labs, Inc.(c)
|
|
6,244
|
2,140,755
|
|
Autodesk, Inc.(c)
|
|
12,280
|
2,840,487
|
|
Broadcom, Inc.
|
|
148,651
|
66,412,807
|
|
Cadence Design Systems, Inc.(c)
|
|
11,162
|
4,184,969
|
|
Celestica, Inc. (Canada)(c)
|
|
6,132
|
2,372,631
|
|
CGI, Inc., Class A (Canada)
|
|
35,815
|
2,503,189
|
|
Ciena Corp.(c)
|
|
6,251
|
3,627,018
|
|
Cisco Systems, Inc.
|
|
143,295
|
17,255,584
|
|
Cloudflare, Inc., Class A(c)
|
|
12,858
|
3,109,322
|
|
Coherent Corp.(c)
|
|
8,105
|
2,929,714
|
|
Corning, Inc.
|
|
31,938
|
5,785,888
|
|
CrowdStrike Holdings, Inc., Class A(c)
|
|
8,758
|
6,402,098
|
|
Datadog, Inc., Class A(c)
|
|
12,439
|
3,076,787
|
|
Dell Technologies, Inc., Class C
|
|
13,205
|
5,558,116
|
|
Flex Ltd.(c)
|
|
22,109
|
3,333,595
|
|
Fortinet, Inc.(c)
|
|
26,368
|
3,637,993
|
|
Hewlett Packard Enterprise Co.
|
|
68,447
|
2,945,959
|
|
HP, Inc.
|
|
86,310
|
2,333,822
|
|
Intel Corp.(c)
|
|
148,878
|
17,073,329
|
|
International Business Machines Corp.
|
|
32,235
|
9,599,583
|
|
Intuit, Inc.
|
|
11,369
|
3,769,165
|
|
Keysight Technologies, Inc.(c)
|
|
10,857
|
3,673,249
|
|
KLA Corp.
|
|
5,205
|
10,002,500
|
|
Lam Research Corp.
|
|
46,944
|
14,936,642
|
|
Lumentum Holdings, Inc.(c)
|
|
3,105
|
2,654,651
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Marvell Technology, Inc.
|
|
32,309
|
$6,623,345
|
|
Micron Technology, Inc.
|
|
37,923
|
36,823,233
|
|
Microsoft Corp.
|
|
234,028
|
105,368,767
|
|
Monolithic Power Systems, Inc.
|
|
2,026
|
3,173,141
|
|
Motorola Solutions, Inc.
|
|
7,190
|
2,899,583
|
|
NVIDIA Corp.
|
|
761,943
|
160,876,645
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
12,258
|
3,939,108
|
|
Oracle Corp.
|
|
58,602
|
13,231,160
|
|
Palantir Technologies, Inc., Class A(c)
|
|
73,561
|
11,515,239
|
|
Palo Alto Networks, Inc.(c)
|
|
30,288
|
8,531,827
|
|
QUALCOMM, Inc.
|
|
38,736
|
9,723,511
|
|
Salesforce, Inc.
|
|
34,006
|
6,498,547
|
|
Seagate Technology Holdings PLC
|
|
8,275
|
7,280,345
|
|
ServiceNow, Inc.(c)
|
|
47,181
|
5,867,901
|
|
Shopify, Inc., Class A (Canada)(c)
|
|
46,521
|
5,552,261
|
|
Snowflake, Inc., Class A(c)
|
|
15,566
|
3,977,891
|
|
Super Micro Computer, Inc.(c)(d)
|
|
12
|
553
|
|
Synopsys, Inc.(c)
|
|
7,633
|
3,630,407
|
|
TE Connectivity PLC (Switzerland)
|
|
16,772
|
3,579,312
|
|
Teradyne, Inc.
|
|
7,382
|
2,763,156
|
|
Texas Instruments, Inc.
|
|
32,097
|
9,811,411
|
|
Trimble, Inc.(c)
|
|
38,954
|
2,197,395
|
|
Western Digital Corp.
|
|
13,365
|
7,099,622
|
|
Workday, Inc., Class A(c)
|
|
17,903
|
2,617,240
|
|
|
|
|
855,558,023
|
|
Materials-2.42%
|
|||
|
Agnico Eagle Mines Ltd. (Canada)
|
|
30,991
|
5,702,587
|
|
Amcor PLC
|
|
66,884
|
2,596,437
|
|
Corteva, Inc.
|
|
42,313
|
3,312,262
|
|
DuPont de Nemours, Inc.
|
|
54,383
|
2,633,225
|
|
Ecolab, Inc.
|
|
17,694
|
4,529,664
|
|
Franco-Nevada Corp. (Canada)
|
|
15,559
|
3,607,072
|
|
Freeport-McMoRan, Inc.
|
|
78,417
|
5,152,781
|
|
Linde PLC
|
|
15,976
|
7,951,096
|
|
Newmont Corp.
|
|
52,741
|
5,791,489
|
|
PPG Industries, Inc.
|
|
31,835
|
3,596,718
|
|
Sherwin-Williams Co. (The)
|
|
10,835
|
3,292,106
|
|
Wheaton Precious Metals Corp. (Canada)
|
|
48,272
|
6,495,371
|
|
|
|
|
54,660,808
|
|
Real Estate-2.15%
|
|||
|
American Tower Corp.
|
|
24,048
|
4,496,014
|
|
AvalonBay Communities, Inc.
|
|
17,768
|
3,242,838
|
|
CBRE Group, Inc., Class A(c)
|
|
18,170
|
2,271,977
|
|
Digital Realty Trust, Inc.
|
|
16,397
|
3,115,430
|
|
Equinix, Inc.
|
|
4,265
|
4,555,191
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Equity Residential
|
|
45,765
|
$2,995,319
|
|
Healthpeak Properties, Inc.
|
|
3
|
57
|
|
Iron Mountain, Inc.
|
|
15,907
|
2,040,073
|
|
Kimco Realty Corp.
|
|
131,886
|
3,175,815
|
|
Prologis, Inc.
|
|
42,550
|
6,104,648
|
|
Regency Centers Corp.
|
|
41,969
|
3,246,302
|
|
Simon Property Group, Inc.
|
|
19,564
|
4,008,859
|
|
Ventas, Inc.(d)
|
|
35,909
|
3,031,438
|
|
Welltower, Inc.
|
|
30,964
|
6,357,838
|
|
|
|
|
48,641,799
|
|
Utilities-0.81%
|
|||
|
Consolidated Edison, Inc.
|
|
28,344
|
2,993,977
|
|
Constellation Energy Corp.
|
|
11,711
|
3,369,840
|
|
Exelon Corp.
|
|
75,021
|
3,423,959
|
|
NextEra Energy, Inc.
|
|
67,022
|
5,831,584
|
|
Sempra
|
|
29,688
|
2,646,091
|
|
|
|
|
18,265,451
|
|
Total Common Stocks & Other Equity Interests
(Cost $2,074,998,424)
|
2,258,330,516
|
||
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(f)
(Cost $1,340,157)
|
|
1,340,157
|
1,340,157
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.03%
(Cost $2,076,338,581)
|
2,259,670,673
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.52%
|
|||
|
Invesco Private Government Fund,
3.58%(e)(f)(g)
|
|
3,287,576
|
3,287,576
|
|
Invesco Private Prime Fund, 3.75%(e)(f)(g)
|
|
8,537,169
|
8,538,876
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $11,826,452)
|
11,826,452
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.55%
(Cost $2,088,165,033)
|
2,271,497,125
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.55)%
|
(12,482,000
)
|
||
|
NET ASSETS-100.00%
|
$2,259,015,125
|
||
|
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)
|
Restricted security. The aggregate value of these securities at May 31, 2026 was $130,535,267, which represented 5.78% of the Fund’s Net Assets.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$256,548
|
$30,955,310
|
$(29,871,701
)
|
$-
|
$-
|
$1,340,157
|
$26,147
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
5,327,669
|
114,497,675
|
(116,537,768
)
|
-
|
-
|
3,287,576
|
108,083
*
|
|
Invesco Private Prime Fund
|
15,301,303
|
221,962,380
|
(228,724,694
)
|
(1,076
)
|
963
|
8,538,876
|
302,526
*
|
|
Total
|
$20,885,520
|
$367,415,365
|
$(375,134,163
)
|
$(1,076
)
|
$963
|
$13,166,609
|
$436,756
|
|
*
|
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 May 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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.93%
|
|||
|
Communication Services-10.42%
|
|||
|
Alphabet, Inc., Class A, (Acquired
09/14/2021 - 05/29/2026;
Cost $217,185,139)(b)
|
|
1,023,126
|
$389,135,743
|
|
Alphabet, Inc., Class C, (Acquired
08/16/2021 - 05/29/2026;
Cost $165,079,548)(b)
|
|
812,296
|
305,772,583
|
|
AST SpaceMobile, Inc.(c)(d)
|
|
41,805
|
4,741,105
|
|
AT&T, Inc.
|
|
1,227,006
|
30,429,749
|
|
Charter Communications, Inc.,
Class A(c)(d)
|
|
14,351
|
2,067,262
|
|
Comcast Corp., Class A
|
|
630,604
|
15,683,121
|
|
EchoStar Corp., Class A(c)(d)
|
|
22,841
|
2,950,829
|
|
Electronic Arts, Inc.
|
|
39,585
|
7,985,086
|
|
Fox Corp., Class A(d)
|
|
35,270
|
2,254,458
|
|
Fox Corp., Class B
|
|
23,694
|
1,359,799
|
|
Liberty Media Corp.-Liberty Formula
One(c)(d)
|
|
37,412
|
3,396,635
|
|
Live Nation Entertainment, Inc.(c)(d)
|
|
27,568
|
4,642,727
|
|
Meta Platforms, Inc., Class A
|
|
385,923
|
244,100,157
|
|
Netflix, Inc.(c)
|
|
739,980
|
63,653,080
|
|
News Corp., Class A
|
|
64,356
|
1,679,692
|
|
Omnicom Group, Inc.
|
|
50,080
|
3,641,317
|
|
Reddit, Inc., Class A(c)
|
|
20,243
|
3,562,768
|
|
Roblox Corp., Class A(c)
|
|
104,642
|
4,933,870
|
|
Take-Two Interactive Software, Inc.(c)
|
|
30,914
|
6,929,682
|
|
T-Mobile US, Inc.
|
|
87,132
|
16,339,864
|
|
Verizon Communications, Inc.
|
|
734,576
|
35,120,079
|
|
Walt Disney Co. (The)
|
|
311,322
|
31,701,919
|
|
Warner Bros. Discovery, Inc.(c)
|
|
414,024
|
11,182,788
|
|
|
|
|
1,193,264,313
|
|
Consumer Discretionary-9.78%
|
|||
|
Airbnb, Inc., Class A(c)
|
|
74,434
|
9,922,797
|
|
Amazon.com, Inc.(c)
|
|
1,700,903
|
460,332,388
|
|
Aptiv PLC(c)(d)
|
|
37,455
|
2,544,693
|
|
AutoZone, Inc.(c)
|
|
2,891
|
8,485,634
|
|
Best Buy Co., Inc.
|
|
34,913
|
2,721,468
|
|
Booking Holdings, Inc.
|
|
137,636
|
23,044,395
|
|
Burlington Stores, Inc.(c)
|
|
11,043
|
3,576,055
|
|
Carnival Corp. Ltd.
|
|
224,673
|
6,304,324
|
|
Carvana Co.(c)(d)
|
|
113,083
|
8,255,059
|
|
Chipotle Mexican Grill, Inc.(c)
|
|
228,882
|
7,292,181
|
|
D.R. Horton, Inc.
|
|
45,824
|
6,740,252
|
|
Darden Restaurants, Inc.(d)
|
|
20,125
|
4,103,689
|
|
Deckers Outdoor Corp.(c)
|
|
24,944
|
2,839,874
|
|
Dick’s Sporting Goods, Inc.(d)
|
|
10,645
|
2,422,483
|
|
Domino’s Pizza, Inc.
|
|
5,319
|
1,651,975
|
|
DoorDash, Inc., Class A(c)
|
|
64,843
|
10,328,841
|
|
eBay, Inc.
|
|
74,789
|
8,172,194
|
|
Expedia Group, Inc.
|
|
20,559
|
4,642,017
|
|
Flutter Entertainment PLC (Ireland)(c)(d)
|
|
24,518
|
2,377,756
|
|
Ford Motor Co.
|
|
688,639
|
12,009,864
|
|
Garmin Ltd.
|
|
28,754
|
6,726,136
|
|
General Motors Co.
|
|
158,856
|
13,223,173
|
|
Genuine Parts Co.
|
|
24,448
|
2,413,018
|
|
Hilton Worldwide Holdings, Inc.
|
|
40,211
|
13,175,536
|
|
Home Depot, Inc. (The)
|
|
175,034
|
55,510,283
|
|
Hyatt Hotels Corp., Class A
|
|
6,845
|
1,241,409
|
|
Las Vegas Sands Corp.
|
|
52,482
|
2,654,015
|
|
Lennar Corp., Class A
|
|
35,935
|
3,226,244
|
|
Lowe’s Cos., Inc.
|
|
98,420
|
21,097,311
|
|
lululemon athletica, Inc.(c)
|
|
17,475
|
2,292,371
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Marriott International, Inc., Class A
|
|
38,407
|
$14,425,669
|
|
McDonald’s Corp.
|
|
124,845
|
34,856,724
|
|
MercadoLibre, Inc. (Brazil)(c)
|
|
8,015
|
13,590,635
|
|
NIKE, Inc., Class B
|
|
210,795
|
9,745,053
|
|
NVR, Inc.(c)
|
|
463
|
2,826,522
|
|
O’Reilly Automotive, Inc.(c)
|
|
147,034
|
12,774,314
|
|
PulteGroup, Inc.
|
|
33,673
|
3,979,475
|
|
Rivian Automotive, Inc., Class A(c)(d)
|
|
141,305
|
2,303,272
|
|
Ross Stores, Inc.
|
|
55,232
|
12,798,911
|
|
Royal Caribbean Cruises Ltd.
|
|
44,771
|
12,743,170
|
|
SharkNinja, Inc.(c)
|
|
14,958
|
1,823,231
|
|
Starbucks Corp.
|
|
200,214
|
19,853,220
|
|
Tapestry, Inc.
|
|
35,581
|
5,175,612
|
|
Tesla, Inc.(c)
|
|
494,576
|
215,531,275
|
|
TJX Cos., Inc. (The)
|
|
194,504
|
30,099,494
|
|
Tractor Supply Co.
|
|
92,435
|
2,914,476
|
|
Ulta Beauty, Inc.(c)
|
|
7,684
|
3,910,003
|
|
Williams-Sonoma, Inc.
|
|
20,911
|
4,256,852
|
|
Yum! Brands, Inc.
|
|
48,578
|
7,187,115
|
|
|
|
|
1,120,122,458
|
|
Consumer Staples-4.45%
|
|||
|
Altria Group, Inc.
|
|
293,712
|
20,436,481
|
|
Archer-Daniels-Midland Co.
|
|
84,686
|
6,756,249
|
|
Bunge Global S.A.
|
|
22,142
|
2,730,109
|
|
Casey’s General Stores, Inc.
|
|
6,494
|
4,981,807
|
|
Church & Dwight Co., Inc.
|
|
41,628
|
3,980,886
|
|
Clorox Co. (The)
|
|
21,253
|
1,913,195
|
|
Coca-Cola Co. (The)
|
|
680,754
|
53,786,374
|
|
Colgate-Palmolive Co.
|
|
133,941
|
12,072,102
|
|
Constellation Brands, Inc., Class A
|
|
24,375
|
3,383,737
|
|
Costco Wholesale Corp.
|
|
77,966
|
74,560,445
|
|
Dollar General Corp.
|
|
38,698
|
4,280,386
|
|
Dollar Tree, Inc.(c)
|
|
32,935
|
3,834,951
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
43,443
|
3,864,255
|
|
General Mills, Inc.(d)
|
|
93,791
|
3,171,074
|
|
Hershey Co. (The)
|
|
26,020
|
5,048,661
|
|
Kenvue, Inc.
|
|
336,839
|
5,820,578
|
|
Keurig Dr Pepper, Inc.
|
|
226,831
|
6,811,735
|
|
Kimberly-Clark Corp.
|
|
58,334
|
5,693,398
|
|
Kraft Heinz Co. (The)
|
|
150,819
|
3,621,164
|
|
Kroger Co. (The)
|
|
96,886
|
6,021,465
|
|
McCormick & Co., Inc.
|
|
44,623
|
2,113,791
|
|
Mondelez International, Inc., Class A
|
|
225,263
|
13,779,338
|
|
Monster Beverage Corp.(c)
|
|
124,596
|
10,974,416
|
|
PepsiCo, Inc.
|
|
240,191
|
34,633,140
|
|
Philip Morris International, Inc.
(Switzerland)
|
|
273,885
|
48,581,721
|
|
Procter & Gamble Co. (The)
|
|
408,412
|
58,631,627
|
|
Sysco Corp.
|
|
84,033
|
6,370,542
|
|
Target Corp.
|
|
79,581
|
10,112,358
|
|
Tyson Foods, Inc., Class A
|
|
49,568
|
3,024,639
|
|
Walmart, Inc.
|
|
770,570
|
89,193,477
|
|
|
|
|
510,184,101
|
|
Energy-3.19%
|
|||
|
Baker Hughes Co., Class A
|
|
174,288
|
11,133,517
|
|
Cheniere Energy, Inc.
|
|
36,006
|
8,096,309
|
|
Chevron Corp.
|
|
324,362
|
59,183,090
|
|
ConocoPhillips
|
|
214,812
|
24,484,272
|
|
Devon Energy Corp.
|
|
192,726
|
8,574,380
|
|
Diamondback Energy, Inc.
|
|
33,374
|
6,390,454
|
|
EOG Resources, Inc.
|
|
94,148
|
12,557,460
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
EQT Corp.
|
|
104,318
|
$5,730,188
|
|
Expand Energy Corp.
|
|
42,246
|
3,928,033
|
|
Exxon Mobil Corp.
|
|
730,454
|
106,105,748
|
|
Halliburton Co.
|
|
146,764
|
5,701,781
|
|
Kinder Morgan, Inc.
|
|
332,332
|
10,328,879
|
|
Marathon Petroleum Corp.
|
|
51,757
|
12,875,589
|
|
Occidental Petroleum Corp.
|
|
129,995
|
7,361,617
|
|
ONEOK, Inc.
|
|
110,715
|
9,293,417
|
|
Phillips 66
|
|
70,470
|
12,394,264
|
|
SLB Ltd.
|
|
263,805
|
14,390,563
|
|
Targa Resources Corp.
|
|
36,804
|
9,387,596
|
|
TechnipFMC PLC (United Kingdom)
|
|
70,290
|
4,809,242
|
|
Texas Pacific Land Corp.
|
|
10,301
|
4,048,293
|
|
Valero Energy Corp.
|
|
52,539
|
12,862,598
|
|
Williams Cos., Inc. (The)
|
|
214,903
|
15,341,925
|
|
|
|
|
364,979,215
|
|
Financials-11.04%
|
|||
|
Affirm Holdings, Inc.(c)(d)
|
|
48,817
|
3,595,372
|
|
Aflac, Inc.
|
|
81,478
|
9,159,757
|
|
Allstate Corp. (The)
|
|
45,384
|
9,353,189
|
|
American Express Co.
|
|
93,396
|
29,557,032
|
|
American International Group, Inc.
|
|
93,999
|
6,977,546
|
|
Ameriprise Financial, Inc.
|
|
15,941
|
7,105,063
|
|
Annaly Capital Management, Inc.
|
|
126,247
|
2,758,497
|
|
Aon PLC, Class A
|
|
35,770
|
11,305,466
|
|
Apollo Global Management, Inc.
|
|
73,671
|
9,482,194
|
|
Arch Capital Group Ltd.(c)
|
|
61,043
|
5,453,582
|
|
Ares Management Corp., Class A
|
|
36,878
|
4,738,823
|
|
Arthur J. Gallagher & Co.
|
|
45,177
|
9,085,546
|
|
Bank of America Corp.
|
|
1,192,959
|
61,556,684
|
|
Bank of New York Mellon Corp. (The)
|
|
120,714
|
16,831,153
|
|
Berkshire Hathaway, Inc., Class B(c)
|
|
244,394
|
115,960,065
|
|
BlackRock, Inc.
|
|
25,935
|
27,150,833
|
|
Blackstone, Inc., Class A
|
|
130,431
|
15,256,514
|
|
Block, Inc., Class A(c)
|
|
90,003
|
6,815,027
|
|
Brown & Brown, Inc.
|
|
50,718
|
2,852,888
|
|
Capital One Financial Corp.
|
|
105,123
|
19,755,765
|
|
Carlyle Group, Inc. (The)(d)
|
|
46,019
|
2,090,643
|
|
Cboe Global Markets, Inc.
|
|
18,406
|
6,139,505
|
|
Charles Schwab Corp. (The)
|
|
290,172
|
25,346,524
|
|
Chubb Ltd.
|
|
61,442
|
19,153,315
|
|
Cincinnati Financial Corp.
|
|
27,364
|
4,307,641
|
|
Citigroup, Inc.
|
|
299,737
|
37,736,888
|
|
Citizens Financial Group, Inc.
|
|
74,683
|
4,649,764
|
|
CME Group, Inc., Class A
|
|
63,762
|
17,441,458
|
|
Coinbase Global, Inc., Class A(c)(d)
|
|
37,235
|
7,038,532
|
|
Corebridge Financial, Inc.
|
|
42,138
|
1,137,726
|
|
Corpay, Inc.(c)
|
|
11,042
|
3,994,996
|
|
Erie Indemnity Co., Class A(d)
|
|
4,467
|
951,784
|
|
Everest Group Ltd.
|
|
7,031
|
2,278,255
|
|
Fidelity National Financial, Inc.
|
|
45,262
|
2,143,156
|
|
Fidelity National Information Services,
Inc.
|
|
90,399
|
3,886,253
|
|
Fifth Third Bancorp
|
|
159,136
|
7,945,660
|
|
First Citizens BancShares, Inc., Class A
|
|
1,330
|
2,647,378
|
|
Fiserv, Inc.(c)
|
|
93,983
|
5,315,678
|
|
Global Payments, Inc.(d)
|
|
41,116
|
3,104,669
|
|
Goldman Sachs Group, Inc. (The)
|
|
51,845
|
53,170,158
|
|
Hartford Insurance Group, Inc. (The)
|
|
48,331
|
6,144,320
|
|
Huntington Bancshares, Inc.
|
|
357,991
|
5,856,733
|
|
Interactive Brokers Group, Inc., Class A
|
|
74,363
|
6,467,350
|
|
Intercontinental Exchange, Inc.
|
|
99,537
|
14,716,545
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
JPMorgan Chase & Co.
|
|
471,360
|
$141,082,762
|
|
KeyCorp
|
|
160,238
|
3,417,877
|
|
KKR & Co., Inc., Class A
|
|
109,672
|
10,521,932
|
|
Loews Corp.
|
|
29,833
|
3,089,207
|
|
LPL Financial Holdings, Inc.
|
|
14,089
|
3,857,146
|
|
M&T Bank Corp.
|
|
26,182
|
5,658,192
|
|
Markel Group, Inc.(c)(d)
|
|
2,202
|
3,997,929
|
|
Marsh & McLennan Cos., Inc.
|
|
84,668
|
13,544,340
|
|
Mastercard, Inc., Class A
|
|
143,898
|
71,082,734
|
|
MetLife, Inc.
|
|
97,399
|
8,053,923
|
|
Moody’s Corp.
|
|
26,481
|
12,002,513
|
|
Morgan Stanley
|
|
208,242
|
43,314,336
|
|
MSCI, Inc.
|
|
12,528
|
7,909,929
|
|
Nasdaq, Inc.
|
|
79,914
|
7,393,643
|
|
Northern Trust Corp.
|
|
30,892
|
5,111,081
|
|
PayPal Holdings, Inc.
|
|
150,200
|
6,721,450
|
|
Pinnacle Financial Partners, Inc.
|
|
26,548
|
2,594,802
|
|
PNC Financial Services Group, Inc. (The)
|
|
70,648
|
15,621,686
|
|
Principal Financial Group, Inc.
|
|
38,103
|
3,948,233
|
|
Progressive Corp. (The)
|
|
102,798
|
19,572,739
|
|
Prudential Financial, Inc.
|
|
61,123
|
6,151,419
|
|
Raymond James Financial, Inc.(d)
|
|
31,171
|
4,470,233
|
|
Regions Financial Corp.
|
|
150,135
|
4,203,780
|
|
Robinhood Markets, Inc., Class A(c)
|
|
131,900
|
12,438,170
|
|
Rocket Cos., Inc., Class A(c)
|
|
157,829
|
2,290,099
|
|
S&P Global, Inc.
|
|
53,273
|
22,587,752
|
|
SoFi Technologies, Inc.(c)(d)
|
|
224,108
|
4,083,248
|
|
State Street Corp.
|
|
48,981
|
7,623,403
|
|
Synchrony Financial
|
|
61,084
|
4,363,841
|
|
T. Rowe Price Group, Inc.(d)
|
|
38,238
|
3,997,018
|
|
Toast, Inc., Class A(c)
|
|
82,879
|
2,157,340
|
|
TPG, Inc.(c)(e)
|
|
38,375
|
0
|
|
Tradeweb Markets, Inc., Class A
|
|
20,388
|
2,043,897
|
|
Travelers Cos., Inc. (The)
|
|
37,367
|
10,907,054
|
|
Truist Financial Corp.
|
|
218,092
|
10,514,215
|
|
U.S. Bancorp
|
|
272,784
|
14,962,202
|
|
Visa, Inc., Class A
|
|
295,428
|
96,415,882
|
|
W.R. Berkley Corp.(d)
|
|
37,839
|
2,404,290
|
|
Wells Fargo & Co.
|
|
538,503
|
41,755,523
|
|
Willis Towers Watson PLC
|
|
16,617
|
4,148,766
|
|
|
|
|
1,264,430,513
|
|
Health Care-8.44%
|
|||
|
Abbott Laboratories
|
|
306,073
|
26,199,849
|
|
AbbVie, Inc.
|
|
310,829
|
67,673,690
|
|
Agilent Technologies, Inc.
|
|
49,661
|
6,730,555
|
|
Alnylam Pharmaceuticals, Inc.(c)
|
|
23,308
|
7,038,550
|
|
Amgen, Inc.
|
|
94,736
|
31,906,137
|
|
Becton, Dickinson and Co.
|
|
50,084
|
7,368,358
|
|
Biogen, Inc.(c)
|
|
25,788
|
5,054,448
|
|
Boston Scientific Corp.(c)
|
|
261,171
|
12,617,171
|
|
Bristol-Myers Squibb Co.
|
|
358,801
|
20,516,241
|
|
Cardinal Health, Inc.
|
|
41,355
|
8,138,664
|
|
Cencora, Inc.
|
|
32,473
|
8,746,927
|
|
Centene Corp.(c)
|
|
86,419
|
5,150,572
|
|
Cigna Group (The)
|
|
46,337
|
12,853,884
|
|
Cooper Cos., Inc. (The)(c)
|
|
34,291
|
2,098,952
|
|
CVS Health Corp.
|
|
223,572
|
20,340,581
|
|
Danaher Corp.
|
|
111,935
|
20,447,167
|
|
Dexcom, Inc.(c)
|
|
67,632
|
4,987,184
|
|
Edwards Lifesciences Corp.(c)
|
|
101,321
|
8,761,227
|
|
Elevance Health, Inc.
|
|
38,599
|
15,176,741
|
|
Eli Lilly and Co.
|
|
141,129
|
155,947,545
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
GE HealthCare Technologies, Inc.
|
|
80,184
|
$4,998,671
|
|
Gilead Sciences, Inc.
|
|
218,125
|
29,322,544
|
|
HCA Healthcare, Inc.
|
|
27,506
|
10,412,121
|
|
Humana, Inc.
|
|
21,093
|
6,442,224
|
|
IDEXX Laboratories, Inc.(c)
|
|
13,955
|
7,864,061
|
|
Illumina, Inc.(c)
|
|
26,195
|
4,268,737
|
|
Incyte Corp.(c)
|
|
29,728
|
2,875,887
|
|
Insmed, Inc.(c)
|
|
36,983
|
3,953,853
|
|
Insulet Corp.(c)
|
|
12,172
|
1,764,210
|
|
Intuitive Surgical, Inc.(c)
|
|
62,413
|
26,503,056
|
|
IQVIA Holdings, Inc.(c)
|
|
29,823
|
5,434,049
|
|
Johnson & Johnson
|
|
423,277
|
95,377,006
|
|
Labcorp Holdings, Inc.
|
|
14,477
|
3,764,889
|
|
McKesson Corp.
|
|
21,529
|
15,983,991
|
|
Medline, Inc.(c)
|
|
64,925
|
2,373,658
|
|
Medtronic PLC
|
|
225,620
|
16,653,012
|
|
Merck & Co., Inc.
|
|
434,486
|
51,582,178
|
|
Mettler-Toledo International, Inc.(c)
|
|
3,576
|
4,221,754
|
|
Natera, Inc.(c)
|
|
23,663
|
5,285,604
|
|
Neurocrine Biosciences, Inc.(c)
|
|
16,758
|
2,652,791
|
|
Pfizer, Inc.
|
|
999,639
|
26,170,549
|
|
Quest Diagnostics, Inc.
|
|
19,306
|
3,762,739
|
|
Regeneron Pharmaceuticals, Inc.
|
|
18,259
|
11,225,268
|
|
ResMed, Inc.
|
|
25,599
|
4,878,401
|
|
Revolution Medicines, Inc.(c)
|
|
28,431
|
4,477,314
|
|
Royalty Pharma PLC, Class A
|
|
72,236
|
4,027,879
|
|
STERIS PLC
|
|
17,237
|
3,666,827
|
|
Stryker Corp.
|
|
60,573
|
18,480,217
|
|
Thermo Fisher Scientific, Inc.
|
|
65,309
|
32,165,336
|
|
United Therapeutics Corp.(c)
|
|
6,931
|
3,859,319
|
|
UnitedHealth Group, Inc.
|
|
159,507
|
60,662,107
|
|
Veeva Systems, Inc., Class A(c)
|
|
25,830
|
4,503,202
|
|
Vertex Pharmaceuticals, Inc.(c)
|
|
44,696
|
20,003,248
|
|
Waters Corp.(c)
|
|
17,283
|
6,629,240
|
|
West Pharmaceutical Services, Inc.
|
|
12,656
|
4,085,483
|
|
Zimmer Biomet Holdings, Inc.
|
|
34,020
|
2,800,867
|
|
Zoetis, Inc.
|
|
73,897
|
5,741,058
|
|
|
|
|
966,627,793
|
|
Industrials-8.65%
|
|||
|
3M Co.
|
|
92,557
|
14,173,253
|
|
Allegion PLC
|
|
15,143
|
1,969,650
|
|
AMETEK, Inc.
|
|
40,258
|
9,092,269
|
|
Automatic Data Processing, Inc.
|
|
70,761
|
15,697,620
|
|
Axon Enterprise, Inc.(c)
|
|
13,420
|
6,021,822
|
|
Bloom Energy Corp., Class A(c)
|
|
47,448
|
13,522,680
|
|
Boeing Co. (The)(c)
|
|
131,198
|
30,326,418
|
|
Broadridge Financial Solutions, Inc.
|
|
20,513
|
3,153,258
|
|
C.H. Robinson Worldwide, Inc.
|
|
20,707
|
3,699,306
|
|
Carlisle Cos., Inc.(d)
|
|
7,182
|
2,476,425
|
|
Carrier Global Corp.
|
|
132,135
|
8,439,462
|
|
Caterpillar, Inc.
|
|
81,771
|
71,620,766
|
|
Cintas Corp.
|
|
59,764
|
10,235,183
|
|
CNH Industrial N.V.(d)
|
|
152,618
|
1,558,230
|
|
Comfort Systems USA, Inc.
|
|
6,183
|
11,303,822
|
|
Copart, Inc.(c)
|
|
156,591
|
5,131,487
|
|
CSX Corp.
|
|
326,865
|
14,793,910
|
|
Cummins, Inc.
|
|
24,280
|
15,700,176
|
|
Curtiss-Wright Corp.
|
|
6,485
|
4,848,251
|
|
Deere & Co.
|
|
42,720
|
23,161,930
|
|
Delta Air Lines, Inc.
|
|
28,866
|
2,380,868
|
|
Dover Corp.
|
|
23,689
|
5,006,907
|
|
Eaton Corp. PLC
|
|
68,180
|
27,312,908
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
EMCOR Group, Inc.
|
|
7,823
|
$6,468,213
|
|
Emerson Electric Co.
|
|
98,760
|
14,203,663
|
|
Equifax, Inc.(d)
|
|
21,204
|
3,515,411
|
|
Expeditors International of Washington,
Inc.
|
|
23,371
|
3,692,384
|
|
Fastenal Co.
|
|
201,798
|
8,919,472
|
|
FedEx Corp.
|
|
38,783
|
15,968,900
|
|
Ferguson Enterprises, Inc.
|
|
34,165
|
7,720,265
|
|
Fortive Corp.
|
|
50,041
|
2,918,391
|
|
FTAI Aviation Ltd.(d)
|
|
17,577
|
4,575,996
|
|
GE Vernova, Inc.
|
|
47,367
|
45,866,413
|
|
General Dynamics Corp.
|
|
40,460
|
14,032,337
|
|
General Electric Co.
|
|
183,610
|
59,445,574
|
|
Graco, Inc.
|
|
29,137
|
2,198,387
|
|
HEICO Corp.(d)
|
|
7,509
|
2,614,484
|
|
HEICO Corp., Class A(d)
|
|
13,342
|
3,466,385
|
|
Honeywell International, Inc.
|
|
111,706
|
26,570,389
|
|
Howmet Aerospace, Inc.
|
|
70,462
|
18,196,811
|
|
Hubbell, Inc.
|
|
9,322
|
4,414,992
|
|
IDEX Corp.
|
|
13,039
|
2,749,012
|
|
Illinois Tool Works, Inc.
|
|
48,115
|
11,897,877
|
|
Ingersoll Rand, Inc.
|
|
68,817
|
4,930,050
|
|
J.B. Hunt Transport Services, Inc.
|
|
13,298
|
3,675,966
|
|
Jacobs Solutions, Inc.
|
|
20,636
|
2,473,431
|
|
Johnson Controls International PLC
|
|
107,563
|
14,419,896
|
|
L3Harris Technologies, Inc.
|
|
32,819
|
10,343,892
|
|
Leidos Holdings, Inc.
|
|
21,019
|
2,686,228
|
|
Lennox International, Inc.(d)
|
|
5,505
|
2,764,391
|
|
Lockheed Martin Corp.
|
|
36,450
|
19,334,902
|
|
Masco Corp.
|
|
35,660
|
2,505,115
|
|
MasTec, Inc.(c)
|
|
10,738
|
4,062,937
|
|
Nordson Corp.
|
|
9,317
|
2,677,054
|
|
Norfolk Southern Corp.
|
|
39,458
|
12,033,112
|
|
Northrop Grumman Corp.
|
|
23,713
|
13,366,544
|
|
Old Dominion Freight Line, Inc.
|
|
32,961
|
7,421,169
|
|
Otis Worldwide Corp.
|
|
68,309
|
4,839,010
|
|
PACCAR, Inc.
|
|
92,480
|
10,207,018
|
|
Parker-Hannifin Corp.
|
|
22,184
|
18,737,272
|
|
Paychex, Inc.
|
|
56,664
|
5,495,275
|
|
Pentair PLC
|
|
28,402
|
2,011,998
|
|
Quanta Services, Inc.
|
|
26,367
|
18,766,185
|
|
Republic Services, Inc.
|
|
35,293
|
7,074,129
|
|
Rocket Lab Corp.(c)
|
|
91,423
|
13,117,372
|
|
Rockwell Automation, Inc.
|
|
19,743
|
8,905,278
|
|
Rollins, Inc.
|
|
50,818
|
2,418,937
|
|
RTX Corp.
|
|
236,533
|
42,495,519
|
|
Snap-on, Inc.
|
|
9,153
|
3,397,685
|
|
Textron, Inc.
|
|
30,595
|
2,807,397
|
|
Trane Technologies PLC
|
|
38,892
|
17,551,960
|
|
TransDigm Group, Inc.
|
|
9,928
|
12,492,601
|
|
TransUnion
|
|
33,910
|
2,426,600
|
|
Uber Technologies, Inc.(c)
|
|
313,200
|
22,049,280
|
|
Union Pacific Corp.
|
|
104,328
|
27,400,706
|
|
United Airlines Holdings, Inc.(c)
|
|
14,260
|
1,637,048
|
|
United Parcel Service, Inc., Class B
|
|
130,875
|
13,963,054
|
|
United Rentals, Inc.
|
|
11,072
|
11,024,058
|
|
Veralto Corp.
|
|
43,153
|
3,548,471
|
|
Verisk Analytics, Inc.
|
|
23,023
|
4,028,795
|
|
Vertiv Holdings Co., Class A
|
|
63,878
|
20,166,923
|
|
W.W. Grainger, Inc.
|
|
7,691
|
9,492,540
|
|
Waste Connections, Inc.
|
|
44,928
|
6,695,171
|
|
Waste Management, Inc.
|
|
70,809
|
14,973,271
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Watsco, Inc.
|
|
6,141
|
$2,254,361
|
|
Westinghouse Air Brake Technologies
Corp.
|
|
29,906
|
7,810,251
|
|
XPO, Inc.(c)
|
|
20,111
|
4,308,782
|
|
Xylem, Inc.
|
|
42,728
|
4,680,425
|
|
|
|
|
990,534,016
|
|
Information Technology-38.23%
|
|||
|
Accenture PLC, Class A
|
|
107,892
|
20,183,356
|
|
Adobe, Inc.(c)
|
|
71,034
|
18,412,723
|
|
Advanced Micro Devices, Inc.(c)
|
|
286,504
|
147,864,714
|
|
Amphenol Corp., Class A
|
|
216,056
|
32,140,491
|
|
Analog Devices, Inc.
|
|
85,793
|
35,505,433
|
|
Apple, Inc.
|
|
2,579,989
|
805,111,367
|
|
Applied Materials, Inc.
|
|
139,464
|
62,767,168
|
|
AppLovin Corp., Class A(c)
|
|
40,346
|
24,735,729
|
|
Arista Networks, Inc.(c)
|
|
187,694
|
29,931,562
|
|
Astera Labs, Inc.(c)
|
|
23,930
|
8,204,401
|
|
Atlassian Corp., Class A(c)(d)
|
|
29,807
|
3,207,531
|
|
Autodesk, Inc.(c)
|
|
37,079
|
8,576,744
|
|
Broadcom, Inc.
|
|
790,446
|
353,147,559
|
|
Cadence Design Systems, Inc.(c)
|
|
48,519
|
18,191,229
|
|
CDW Corp.
|
|
22,492
|
2,821,621
|
|
Ciena Corp.(c)
|
|
24,848
|
14,417,555
|
|
Circle Internet Group, Inc.(c)
|
|
26,098
|
2,949,074
|
|
Cisco Systems, Inc.
|
|
694,135
|
83,587,737
|
|
Cloudflare, Inc., Class A(c)
|
|
54,522
|
13,184,510
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
84,046
|
4,685,985
|
|
Coherent Corp.(c)
|
|
32,596
|
11,782,476
|
|
CoreWeave, Inc., Class A(c)(d)
|
|
47,801
|
5,235,644
|
|
Corning, Inc.
|
|
139,636
|
25,296,458
|
|
Credo Technology Group Holding Ltd.(c)
|
|
29,174
|
6,885,939
|
|
CrowdStrike Holdings, Inc., Class A(c)
|
|
43,382
|
31,712,242
|
|
Datadog, Inc., Class A(c)
|
|
54,897
|
13,578,773
|
|
Dell Technologies, Inc., Class C
|
|
52,939
|
22,282,555
|
|
Entegris, Inc.
|
|
26,752
|
3,712,910
|
|
F5, Inc.(c)
|
|
9,936
|
3,809,959
|
|
Fabrinet (Thailand)(c)
|
|
6,296
|
4,118,591
|
|
Fair Isaac Corp.(c)(d)
|
|
4,068
|
5,087,400
|
|
First Solar, Inc.(c)
|
|
17,939
|
5,503,506
|
|
Flex Ltd.(c)
|
|
64,616
|
9,742,800
|
|
Fortinet, Inc.(c)
|
|
110,523
|
15,248,858
|
|
Gen Digital, Inc.
|
|
93,128
|
2,401,771
|
|
Hewlett Packard Enterprise Co.
|
|
233,178
|
10,035,981
|
|
HP, Inc.
|
|
160,722
|
4,345,923
|
|
Intel Corp.(c)
|
|
772,073
|
88,541,332
|
|
International Business Machines Corp.
|
|
164,843
|
49,090,245
|
|
Intuit, Inc.
|
|
48,599
|
16,112,026
|
|
IonQ, Inc.(c)(d)
|
|
59,600
|
4,295,372
|
|
IREN Ltd. (Australia)(c)(d)
|
|
56,930
|
3,617,332
|
|
Jabil, Inc.
|
|
18,540
|
6,758,942
|
|
Keysight Technologies, Inc.(c)
|
|
30,139
|
10,196,928
|
|
KLA Corp.
|
|
23,036
|
44,268,512
|
|
Lam Research Corp.
|
|
219,450
|
69,824,601
|
|
Lumentum Holdings, Inc.(c)
|
|
12,547
|
10,727,183
|
|
Marvell Technology, Inc.
|
|
149,833
|
30,715,765
|
|
Microchip Technology, Inc.
|
|
95,099
|
9,001,120
|
|
Micron Technology, Inc.
|
|
198,184
|
192,436,664
|
|
Microsoft Corp.
|
|
1,239,694
|
558,159,827
|
|
MongoDB, Inc.(c)
|
|
13,768
|
4,619,852
|
|
Monolithic Power Systems, Inc.
|
|
8,197
|
12,838,223
|
|
Motorola Solutions, Inc.
|
|
29,209
|
11,779,406
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
NetApp, Inc.
|
|
34,680
|
$6,044,377
|
|
NVIDIA Corp.
|
|
4,056,837
|
856,560,564
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
44,404
|
14,269,225
|
|
Okta, Inc.(c)(d)
|
|
29,735
|
3,665,433
|
|
ON Semiconductor Corp.(c)
|
|
69,117
|
8,336,893
|
|
Oracle Corp.
|
|
303,251
|
68,468,011
|
|
Palantir Technologies, Inc., Class A(c)
|
|
382,719
|
59,910,832
|
|
Palo Alto Networks, Inc.(c)
|
|
142,525
|
40,147,867
|
|
PTC, Inc.(c)
|
|
20,908
|
2,900,567
|
|
Pure Storage, Inc., Class A(c)
|
|
55,169
|
4,386,487
|
|
Qnity Electronics, Inc.
|
|
36,805
|
5,741,580
|
|
QUALCOMM, Inc.
|
|
187,509
|
47,068,509
|
|
Roper Technologies, Inc.
|
|
18,088
|
5,888,187
|
|
Salesforce, Inc.
|
|
140,165
|
26,785,532
|
|
Samsara, Inc., Class A(c)(d)
|
|
61,506
|
2,152,095
|
|
Seagate Technology Holdings PLC
|
|
38,382
|
33,768,484
|
|
ServiceNow, Inc.(c)
|
|
183,815
|
22,861,072
|
|
Snowflake, Inc., Class A(c)
|
|
57,718
|
14,749,835
|
|
SS&C Technologies Holdings, Inc.
|
|
37,134
|
2,507,288
|
|
Strategy, Inc., Class A(c)
|
|
45,880
|
7,299,049
|
|
Super Micro Computer, Inc.(c)(d)
|
|
89,698
|
4,134,181
|
|
Synopsys, Inc.(c)
|
|
31,978
|
15,209,376
|
|
TE Connectivity PLC (Switzerland)
|
|
51,571
|
11,005,767
|
|
Teledyne Technologies, Inc.(c)
|
|
8,136
|
5,042,937
|
|
Teradyne, Inc.
|
|
27,517
|
10,299,888
|
|
Texas Instruments, Inc.
|
|
159,996
|
48,907,577
|
|
Trimble, Inc.(c)
|
|
41,111
|
2,319,072
|
|
Twilio, Inc., Class A(c)
|
|
25,293
|
4,821,858
|
|
Tyler Technologies, Inc.(c)
|
|
7,458
|
2,335,473
|
|
VeriSign, Inc.
|
|
14,500
|
4,138,010
|
|
Western Digital Corp.
|
|
60,810
|
32,302,880
|
|
Workday, Inc., Class A(c)
|
|
36,998
|
5,408,738
|
|
Zoom Communications, Inc., Class A(c)
|
|
42,067
|
4,273,587
|
|
Zscaler, Inc.(c)
|
|
18,366
|
2,566,281
|
|
|
|
|
4,379,669,117
|
|
Materials-1.89%
|
|||
|
Air Products and Chemicals, Inc.
|
|
37,171
|
10,356,584
|
|
Amcor PLC(d)
|
|
81,194
|
3,151,951
|
|
Amrize Ltd.(c)
|
|
87,472
|
4,757,602
|
|
Avery Dennison Corp.
|
|
13,515
|
2,149,831
|
|
Ball Corp.
|
|
44,431
|
2,429,043
|
|
CF Industries Holdings, Inc.
|
|
26,992
|
3,032,551
|
|
Coeur Mining, Inc.
|
|
181,801
|
3,512,395
|
|
Corteva, Inc.
|
|
117,985
|
9,235,866
|
|
CRH PLC
|
|
117,633
|
12,797,294
|
|
Dow, Inc.
|
|
126,463
|
4,268,126
|
|
DuPont de Nemours, Inc.
|
|
72,026
|
3,487,499
|
|
Ecolab, Inc.
|
|
44,665
|
11,434,240
|
|
Freeport-McMoRan, Inc.
|
|
252,568
|
16,596,243
|
|
International Flavors & Fragrances, Inc.
|
|
43,765
|
3,328,328
|
|
International Paper Co.
|
|
88,400
|
2,958,748
|
|
Linde PLC
|
|
81,430
|
40,526,897
|
|
LyondellBasell Industries N.V., Class A
|
|
45,289
|
3,018,512
|
|
Martin Marietta Materials, Inc.
|
|
10,591
|
6,160,149
|
|
Newmont Corp.
|
|
189,778
|
20,839,522
|
|
Nucor Corp.
|
|
39,023
|
9,755,750
|
|
Packaging Corp. of America
|
|
15,649
|
3,425,723
|
|
PPG Industries, Inc.
|
|
39,334
|
4,443,955
|
|
Reliance, Inc.
|
|
8,977
|
3,418,172
|
|
RPM International, Inc.
|
|
22,431
|
2,377,013
|
|
Sherwin-Williams Co. (The)
|
|
41,298
|
12,547,985
|
|
Smurfit WestRock PLC
|
|
92,127
|
3,791,026
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Steel Dynamics, Inc.
|
|
24,188
|
$6,292,508
|
|
Vulcan Materials Co.
|
|
22,929
|
6,487,073
|
|
|
|
|
216,580,586
|
|
Real Estate-1.76%
|
|||
|
American Tower Corp.
|
|
81,911
|
15,314,081
|
|
AvalonBay Communities, Inc.
|
|
24,446
|
4,461,639
|
|
CBRE Group, Inc., Class A(c)
|
|
51,873
|
6,486,200
|
|
CoStar Group, Inc.(c)
|
|
73,770
|
2,375,394
|
|
Crown Castle, Inc.
|
|
76,636
|
7,012,194
|
|
Digital Realty Trust, Inc.
|
|
60,385
|
11,473,150
|
|
Equinix, Inc.
|
|
17,333
|
18,512,337
|
|
Equity Residential
|
|
59,261
|
3,878,632
|
|
Essex Property Trust, Inc.(d)
|
|
11,332
|
3,089,557
|
|
Extra Space Storage, Inc.
|
|
37,113
|
5,355,777
|
|
Gaming and Leisure Properties, Inc.
|
|
47,285
|
2,220,976
|
|
Invitation Homes, Inc.
|
|
94,812
|
2,773,251
|
|
Iron Mountain, Inc.
|
|
52,281
|
6,705,038
|
|
Kimco Realty Corp.
|
|
118,461
|
2,852,541
|
|
Mid-America Apartment Communities,
Inc.
|
|
20,443
|
2,638,578
|
|
Prologis, Inc.
|
|
163,824
|
23,503,829
|
|
Public Storage
|
|
27,768
|
8,432,864
|
|
Realty Income Corp.
|
|
163,863
|
10,041,525
|
|
Regency Centers Corp.
|
|
28,959
|
2,239,979
|
|
SBA Communications Corp., Class A
|
|
18,590
|
3,776,744
|
|
Simon Property Group, Inc.
|
|
57,082
|
11,696,673
|
|
Sun Communities, Inc.
|
|
21,659
|
2,678,352
|
|
Ventas, Inc.(d)
|
|
83,557
|
7,053,882
|
|
VICI Properties, Inc.
|
|
191,979
|
5,417,647
|
|
W.P. Carey, Inc.(d)
|
|
38,533
|
2,867,626
|
|
Welltower, Inc.
|
|
123,806
|
25,421,086
|
|
Weyerhaeuser Co.
|
|
126,713
|
3,105,736
|
|
|
|
|
201,385,288
|
|
Utilities-2.08%
|
|||
|
Alliant Energy Corp.
|
|
45,393
|
3,250,593
|
|
Ameren Corp.
|
|
48,617
|
5,249,177
|
|
American Electric Power Co., Inc.
|
|
95,525
|
12,100,152
|
|
American Water Works Co., Inc.
|
|
34,320
|
4,230,626
|
|
Atmos Energy Corp.
|
|
29,075
|
4,917,455
|
|
CenterPoint Energy, Inc.
|
|
114,732
|
4,848,574
|
|
CMS Energy Corp.
|
|
54,126
|
3,927,924
|
|
Consolidated Edison, Inc.
|
|
64,747
|
6,839,226
|
|
Constellation Energy Corp.
|
|
54,118
|
15,572,454
|
|
Dominion Energy, Inc.
|
|
154,469
|
10,340,155
|
|
DTE Energy Co.
|
|
36,557
|
5,222,899
|
|
Duke Energy Corp.
|
|
136,763
|
16,784,923
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Edison International
|
|
67,640
|
$4,730,742
|
|
Entergy Corp.(d)
|
|
80,448
|
8,772,854
|
|
Evergy, Inc.
|
|
40,472
|
3,320,323
|
|
Eversource Energy
|
|
66,050
|
4,509,233
|
|
Exelon Corp.
|
|
179,760
|
8,204,246
|
|
FirstEnergy Corp.
|
|
96,563
|
4,479,558
|
|
NextEra Energy, Inc.
|
|
366,464
|
31,886,033
|
|
NiSource, Inc.
|
|
84,240
|
3,893,573
|
|
NRG Energy, Inc.
|
|
35,820
|
4,802,746
|
|
PG&E Corp.
|
|
387,007
|
6,323,694
|
|
PPL Corp.
|
|
132,183
|
4,677,956
|
|
Public Service Enterprise Group, Inc.
|
|
87,650
|
6,893,672
|
|
Sempra
|
|
114,813
|
10,233,283
|
|
Southern Co. (The)
|
|
198,109
|
18,235,933
|
|
Vistra Corp.
|
|
59,496
|
9,533,044
|
|
WEC Energy Group, Inc.
|
|
57,233
|
6,355,725
|
|
Xcel Energy, Inc.
|
|
109,686
|
8,720,037
|
|
|
|
|
238,856,810
|
|
Total Common Stocks & Other Equity Interests
(Cost $9,298,568,039)
|
11,446,634,210
|
||
|
Money Market Funds-0.11%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(f)(g)
(Cost $12,171,133)
|
|
12,171,133
|
12,171,133
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.04%
(Cost $9,310,739,172)
|
11,458,805,343
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.03%
|
|||
|
Invesco Private Government Fund,
3.58%(f)(g)(h)
|
|
31,519,027
|
31,519,027
|
|
Invesco Private Prime Fund, 3.75%(f)(g)(h)
|
|
87,121,933
|
87,139,357
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $118,658,384)
|
118,658,384
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.07%
(Cost $9,429,397,556)
|
11,577,463,727
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.07)%
|
(122,849,256
)
|
||
|
NET ASSETS-100.00%
|
$11,454,614,471
|
||
|
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)
|
Restricted security. The aggregate value of these securities at May 31, 2026 was $694,908,326, which represented 6.07% of the Fund’s Net Assets.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(e)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(f)
|
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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government
& Agency Portfolio,
Institutional Class
|
$855,914
|
$116,103,935
|
$(104,788,716
)
|
$-
|
$-
|
$12,171,133
|
$146,208
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
29,652,252
|
516,721,640
|
(514,854,865
)
|
-
|
-
|
31,519,027
|
927,298
*
|
|
Invesco Private Prime
Fund
|
77,034,119
|
888,135,007
|
(878,012,400
)
|
(3,467
)
|
(13,902
)
|
87,139,357
|
2,478,260
*
|
|
Total
|
$107,542,285
|
$1,520,960,582
|
$(1,497,655,981
)
|
$(3,467
)
|
$(13,902
)
|
$130,829,517
|
$3,551,766
|
|
*
|
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.
|
|
(g)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(h)
|
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-99.79%
|
|||
|
Communication Services-7.57%
|
|||
|
Alphabet, Inc., Class A, (Acquired
06/26/2020 - 05/05/2026;
Cost $183,625)(b)
|
|
1,631
|
$620,335
|
|
AST SpaceMobile, Inc.(c)(d)
|
|
43,891
|
4,977,678
|
|
AT&T, Inc.
|
|
139,581
|
3,461,609
|
|
Charter Communications, Inc., Class A(c)(d)
|
|
17,783
|
2,561,641
|
|
Comcast Corp., Class A
|
|
126,777
|
3,152,944
|
|
DoubleVerify Holdings, Inc.(c)
|
|
47,776
|
463,427
|
|
Electronic Arts, Inc.
|
|
2,159
|
435,513
|
|
Fox Corp., Class A(d)
|
|
7,446
|
475,948
|
|
GCI Liberty, Inc., Class C(c)(d)
|
|
103,418
|
2,313,461
|
|
IAC, Inc.(c)(d)
|
|
13,274
|
595,870
|
|
Iridium Communications, Inc.
|
|
154,163
|
7,982,560
|
|
Liberty Broadband Corp., Class C(c)(d)
|
|
76,304
|
2,576,023
|
|
Liberty Global Ltd., Class A (Belgium)(c)(d)
|
|
307,769
|
3,850,190
|
|
Liberty Media Corp.-Liberty Formula One(c)
|
|
5,040
|
457,582
|
|
Live Nation Entertainment, Inc.(c)(d)
|
|
2,681
|
451,507
|
|
Madison Square Garden Sports Corp.,
Class A(c)
|
|
1,382
|
517,269
|
|
Match Group, Inc.
|
|
16,445
|
594,158
|
|
Meta Platforms, Inc., Class A
|
|
776
|
490,828
|
|
Millicom International Cellular S.A.
(Guatemala)
|
|
53,847
|
4,596,380
|
|
Netflix, Inc.(c)
|
|
4,598
|
395,520
|
|
New York Times Co. (The), Class A
|
|
5,503
|
413,881
|
|
News Corp., Class A
|
|
18,216
|
475,438
|
|
Nexstar Media Group, Inc., Class A
|
|
1,793
|
319,925
|
|
NIQ Global Intelligence PLC(c)(d)
|
|
42,233
|
352,223
|
|
Omnicom Group, Inc.
|
|
5,513
|
400,850
|
|
Pinterest, Inc., Class A(c)
|
|
27,363
|
548,628
|
|
Reddit, Inc., Class A(c)
|
|
3,745
|
659,120
|
|
Roblox Corp., Class A(c)
|
|
7,632
|
359,849
|
|
Roku, Inc., Class A(c)(d)
|
|
40,314
|
5,248,076
|
|
Sirius XM Holdings, Inc.(d)
|
|
19,613
|
578,976
|
|
Spotify Technology S.A. (Sweden)(c)
|
|
849
|
422,530
|
|
Take-Two Interactive Software, Inc.(c)
|
|
2,057
|
461,097
|
|
TKO Group Holdings, Inc.
|
|
2,136
|
438,264
|
|
T-Mobile US, Inc.
|
|
17,834
|
3,344,410
|
|
Trade Desk, Inc. (The), Class A(c)(d)
|
|
16,202
|
349,315
|
|
Trump Media & Technology Group Corp.(c)
|
|
49,799
|
463,629
|
|
Verizon Communications, Inc.
|
|
75,525
|
3,610,850
|
|
Versant Media Group, Inc.
|
|
11,413
|
492,357
|
|
Walt Disney Co. (The)
|
|
4,322
|
440,109
|
|
Warner Bros. Discovery, Inc.(c)
|
|
15,668
|
423,193
|
|
ZoomInfo Technologies, Inc., Class A(c)(d)
|
|
82,503
|
274,735
|
|
|
|
|
61,047,898
|
|
Consumer Discretionary-6.86%
|
|||
|
ADT, Inc.
|
|
54,630
|
366,567
|
|
Airbnb, Inc., Class A(c)
|
|
3,390
|
451,921
|
|
Amazon.com, Inc.(c)
|
|
2,054
|
555,895
|
|
Amer Sports, Inc. (Finland)(c)
|
|
13,277
|
472,396
|
|
Aptiv PLC(c)
|
|
6,129
|
416,404
|
|
Aramark
|
|
10,748
|
573,728
|
|
AutoNation, Inc.(c)
|
|
2,323
|
436,074
|
|
AutoZone, Inc.(c)
|
|
120
|
352,223
|
|
Bath & Body Works, Inc.
|
|
22,879
|
458,038
|
|
Best Buy Co., Inc.
|
|
6,869
|
535,439
|
|
Birkenstock Holding PLC (Germany)(c)(d)
|
|
11,895
|
536,108
|
|
Booking Holdings, Inc.
|
|
2,577
|
431,467
|
|
BorgWarner, Inc.
|
|
8,185
|
587,847
|
|
Boyd Gaming Corp.
|
|
5,289
|
437,295
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Bright Horizons Family Solutions, Inc.(c)
|
|
5,507
|
$344,848
|
|
Brunswick Corp.
|
|
5,049
|
422,904
|
|
Burlington Stores, Inc.(c)
|
|
1,484
|
480,564
|
|
Caesars Entertainment, Inc.(c)(d)
|
|
15,127
|
439,439
|
|
CarMax, Inc.(c)
|
|
10,477
|
467,484
|
|
Carnival Corp. Ltd.
|
|
17,963
|
504,042
|
|
Carvana Co.(c)(d)
|
|
7,362
|
537,426
|
|
Cava Group, Inc.(c)(d)
|
|
5,350
|
415,481
|
|
Chewy, Inc., Class A(c)
|
|
17,465
|
393,661
|
|
Chipotle Mexican Grill, Inc.(c)
|
|
13,193
|
420,329
|
|
Choice Hotels International, Inc.(d)
|
|
4,482
|
488,000
|
|
Churchill Downs, Inc.
|
|
5,105
|
445,207
|
|
Columbia Sportswear Co.
|
|
7,815
|
517,197
|
|
Coupang, Inc. (South Korea)(c)
|
|
23,168
|
384,589
|
|
Crocs, Inc.(c)(d)
|
|
5,397
|
640,462
|
|
D.R. Horton, Inc.
|
|
3,095
|
455,244
|
|
Darden Restaurants, Inc.(d)
|
|
2,166
|
441,669
|
|
Deckers Outdoor Corp.(c)
|
|
4,294
|
488,872
|
|
Dick’s Sporting Goods, Inc.
|
|
2,174
|
494,737
|
|
Dillard’s, Inc., Class A(d)
|
|
756
|
446,199
|
|
Domino’s Pizza, Inc.(d)
|
|
1,085
|
336,979
|
|
DoorDash, Inc., Class A(c)
|
|
3,066
|
488,383
|
|
DraftKings, Inc., Class A(c)
|
|
16,812
|
411,726
|
|
Duolingo, Inc.(c)
|
|
4,523
|
503,681
|
|
Dutch Bros, Inc., Class A(c)(d)
|
|
8,915
|
517,070
|
|
eBay, Inc.
|
|
4,777
|
521,983
|
|
Etsy, Inc.(c)(d)
|
|
8,262
|
561,155
|
|
Expedia Group, Inc.
|
|
1,881
|
424,711
|
|
Five Below, Inc.(c)
|
|
1,984
|
451,082
|
|
Floor & Decor Holdings, Inc., Class A(c)(d)
|
|
7,709
|
396,243
|
|
Flutter Entertainment PLC (Ireland)(c)(d)
|
|
4,065
|
394,224
|
|
Ford Motor Co.(d)
|
|
35,680
|
622,259
|
|
GameStop Corp., Class A(c)(d)
|
|
17,584
|
372,429
|
|
Gap, Inc. (The)(d)
|
|
18,575
|
392,861
|
|
Garmin Ltd.
|
|
1,818
|
425,267
|
|
General Motors Co.
|
|
5,853
|
487,204
|
|
Gentex Corp.(d)
|
|
20,163
|
487,138
|
|
Genuine Parts Co.
|
|
4,010
|
395,787
|
|
Grand Canyon Education, Inc.(c)
|
|
2,620
|
392,607
|
|
H&R Block, Inc.
|
|
14,217
|
547,212
|
|
Harley-Davidson, Inc.
|
|
23,912
|
578,192
|
|
Hasbro, Inc.
|
|
4,514
|
388,971
|
|
Hilton Worldwide Holdings, Inc.
|
|
1,464
|
479,694
|
|
Home Depot, Inc. (The)
|
|
1,264
|
400,865
|
|
Hyatt Hotels Corp., Class A
|
|
2,987
|
541,722
|
|
Las Vegas Sands Corp.
|
|
8,008
|
404,965
|
|
Lear Corp.
|
|
3,750
|
536,700
|
|
Lennar Corp., Class A
|
|
4,636
|
416,220
|
|
Liberty Live Holdings, Inc., Class C(c)(d)
|
|
4,531
|
449,022
|
|
Lithia Motors, Inc., Class A
|
|
1,678
|
488,113
|
|
LKQ Corp.
|
|
14,436
|
391,504
|
|
Lowe’s Cos., Inc.
|
|
1,791
|
383,919
|
|
Lucid Group, Inc.(c)(d)
|
|
43,664
|
285,999
|
|
lululemon athletica, Inc.(c)
|
|
2,716
|
356,285
|
|
Macy’s, Inc.
|
|
25,025
|
544,544
|
|
Marriott International, Inc., Class A
|
|
1,377
|
517,201
|
|
Mattel, Inc.(c)(d)
|
|
26,482
|
395,641
|
|
McDonald’s Corp.
|
|
1,321
|
368,823
|
|
MGM Resorts International(c)(d)
|
|
11,840
|
517,053
|
|
Mohawk Industries, Inc.(c)
|
|
3,381
|
363,187
|
|
Murphy USA, Inc.
|
|
947
|
479,210
|
|
Newell Brands, Inc.
|
|
104,271
|
354,521
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
NIKE, Inc., Class B
|
|
7,930
|
$366,604
|
|
Norwegian Cruise Line Holdings Ltd.(c)(d)
|
|
22,073
|
404,819
|
|
NVR, Inc.(c)
|
|
67
|
409,022
|
|
Ollie’s Bargain Outlet Holdings, Inc.(c)(d)
|
|
4,090
|
333,867
|
|
On Holding AG, Class A (Switzerland)(c)
|
|
11,322
|
462,164
|
|
O’Reilly Automotive, Inc.(c)
|
|
4,643
|
403,384
|
|
PENN Entertainment, Inc.(c)(d)
|
|
30,275
|
570,078
|
|
Penske Automotive Group, Inc.
|
|
2,914
|
487,716
|
|
Planet Fitness, Inc., Class A(c)(d)
|
|
5,740
|
307,147
|
|
Pool Corp.(d)
|
|
2,107
|
382,210
|
|
PulteGroup, Inc.
|
|
3,573
|
422,257
|
|
PVH Corp.
|
|
7,020
|
654,826
|
|
QuantumScape Corp.(c)(d)
|
|
62,267
|
559,158
|
|
Ralph Lauren Corp.
|
|
1,278
|
465,064
|
|
Restaurant Brands International, Inc.
(Canada)
|
|
6,023
|
449,918
|
|
RH(c)(d)
|
|
3,271
|
485,711
|
|
Rivian Automotive, Inc., Class A(c)(d)
|
|
28,076
|
457,639
|
|
Ross Stores, Inc.
|
|
2,051
|
475,278
|
|
Royal Caribbean Cruises Ltd.
|
|
1,613
|
459,108
|
|
Service Corp. International
|
|
5,512
|
414,447
|
|
SharkNinja, Inc.(c)(d)
|
|
4,229
|
515,473
|
|
Somnigroup International, Inc.
|
|
5,603
|
396,748
|
|
Starbucks Corp.
|
|
4,291
|
425,496
|
|
Tapestry, Inc.
|
|
3,005
|
437,107
|
|
Tesla, Inc.(c)
|
|
1,088
|
474,139
|
|
Texas Roadhouse, Inc.
|
|
2,545
|
459,678
|
|
Thor Industries, Inc.(d)
|
|
5,224
|
413,114
|
|
TJX Cos., Inc. (The)
|
|
2,782
|
430,514
|
|
Toll Brothers, Inc.
|
|
3,142
|
435,293
|
|
TopBuild Corp.(c)
|
|
959
|
400,363
|
|
Tractor Supply Co.
|
|
8,928
|
281,500
|
|
Travel + Leisure Co.
|
|
6,149
|
418,132
|
|
Ulta Beauty, Inc.(c)
|
|
699
|
355,686
|
|
Under Armour, Inc., Class A(c)(d)
|
|
65,691
|
385,606
|
|
V.F. Corp.
|
|
27,331
|
469,547
|
|
Vail Resorts, Inc.(d)
|
|
3,178
|
424,581
|
|
Valvoline, Inc.(c)(d)
|
|
12,620
|
425,925
|
|
Versigent PLC(c)
|
|
2,043
|
90,137
|
|
Viking Holdings Ltd.(c)
|
|
6,342
|
584,162
|
|
Wayfair, Inc., Class A(c)(d)
|
|
5,831
|
421,348
|
|
Wendy’s Co. (The)(d)
|
|
59,589
|
458,835
|
|
Whirlpool Corp.(d)
|
|
7,522
|
326,605
|
|
Williams-Sonoma, Inc.
|
|
2,391
|
486,736
|
|
Wingstop, Inc.(d)
|
|
2,224
|
349,079
|
|
Wyndham Hotels & Resorts, Inc.
|
|
5,842
|
468,879
|
|
Wynn Resorts Ltd.(d)
|
|
4,350
|
440,307
|
|
YETI Holdings, Inc.(c)
|
|
11,895
|
570,603
|
|
Yum! Brands, Inc.
|
|
2,712
|
401,240
|
|
|
|
|
55,329,358
|
|
Consumer Staples-8.07%
|
|||
|
Albertson’s Cos., Inc., Class A(d)
|
|
76,933
|
1,200,924
|
|
Altria Group, Inc.
|
|
19,166
|
1,333,570
|
|
Archer-Daniels-Midland Co.(d)
|
|
17,890
|
1,427,264
|
|
BellRing Brands, Inc.(c)
|
|
77,568
|
648,468
|
|
BJ’s Wholesale Club Holdings, Inc.(c)(d)
|
|
4,350
|
370,968
|
|
Boston Beer Co., Inc. (The), Class A(c)(d)
|
|
5,642
|
1,000,214
|
|
Brown-Forman Corp., Class B
|
|
56,085
|
1,442,506
|
|
Bunge Global S.A.
|
|
10,302
|
1,270,237
|
|
Campbell’s Co. (The)(d)
|
|
59,879
|
1,264,046
|
|
Casey’s General Stores, Inc.
|
|
1,931
|
1,481,347
|
|
Celsius Holdings, Inc.(c)(d)
|
|
29,822
|
992,178
|
|
|
Shares
|
Value
|
|
|
Consumer Staples-(continued)
|
|||
|
Church & Dwight Co., Inc.(d)
|
|
13,073
|
$1,250,171
|
|
Clorox Co. (The)
|
|
11,968
|
1,077,359
|
|
Coca-Cola Co. (The)
|
|
16,751
|
1,323,496
|
|
Coca-Cola Consolidated, Inc.
|
|
6,172
|
1,069,361
|
|
Colgate-Palmolive Co.
|
|
14,741
|
1,328,606
|
|
Conagra Brands, Inc.
|
|
80,189
|
1,064,910
|
|
Constellation Brands, Inc., Class A
|
|
8,750
|
1,214,675
|
|
Costco Wholesale Corp.
|
|
431
|
412,174
|
|
Coty, Inc., Class A(c)(d)
|
|
193,516
|
412,189
|
|
Darling Ingredients, Inc.(c)
|
|
23,024
|
1,360,718
|
|
Dollar General Corp.
|
|
3,208
|
354,837
|
|
Dollar Tree, Inc.(c)(d)
|
|
3,846
|
447,828
|
|
e.l.f. Beauty, Inc.(c)(d)
|
|
5,922
|
331,632
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
5,093
|
453,022
|
|
Flowers Foods, Inc.(d)
|
|
150,355
|
1,148,712
|
|
Freshpet, Inc.(c)(d)
|
|
16,620
|
857,592
|
|
General Mills, Inc.(d)
|
|
33,013
|
1,116,170
|
|
Hershey Co. (The)(d)
|
|
6,034
|
1,170,777
|
|
Hormel Foods Corp.(d)
|
|
57,116
|
1,326,805
|
|
Ingredion, Inc.(d)
|
|
11,655
|
1,182,283
|
|
J.M. Smucker Co. (The)(d)
|
|
12,248
|
1,263,994
|
|
Kenvue, Inc.
|
|
74,623
|
1,289,485
|
|
Keurig Dr Pepper, Inc.
|
|
48,164
|
1,446,365
|
|
Kimberly-Clark Corp.
|
|
13,267
|
1,294,859
|
|
Kraft Heinz Co. (The)
|
|
58,111
|
1,395,245
|
|
Kroger Co. (The)(d)
|
|
17,294
|
1,074,822
|
|
Lamb Weston Holdings, Inc.
|
|
32,064
|
1,384,524
|
|
Maplebear, Inc.(c)(d)
|
|
13,127
|
522,455
|
|
McCormick & Co., Inc.(d)
|
|
22,623
|
1,071,652
|
|
Molson Coors Beverage Co., Class B
|
|
29,669
|
1,172,816
|
|
Mondelez International, Inc., Class A
|
|
23,916
|
1,462,942
|
|
Monster Beverage Corp.(c)
|
|
16,838
|
1,483,091
|
|
PepsiCo, Inc.
|
|
8,162
|
1,176,879
|
|
Performance Food Group Co.(c)
|
|
14,878
|
1,460,871
|
|
Philip Morris International, Inc.
(Switzerland)
|
|
7,561
|
1,341,170
|
|
Pilgrim’s Pride Corp.
|
|
35,829
|
1,014,319
|
|
Post Holdings, Inc.(c)(d)
|
|
13,301
|
1,221,564
|
|
Primo Brands Corp.
|
|
62,176
|
1,541,965
|
|
Procter & Gamble Co. (The)
|
|
8,639
|
1,240,215
|
|
Reynolds Consumer Products, Inc.
|
|
60,400
|
1,308,868
|
|
Seaboard Corp.
|
|
259
|
1,316,220
|
|
Smithfield Foods, Inc.
|
|
55,486
|
1,433,203
|
|
Sprouts Farmers Market, Inc.(c)(d)
|
|
16,450
|
1,359,099
|
|
Sysco Corp.
|
|
15,320
|
1,161,409
|
|
Target Corp.
|
|
3,715
|
472,065
|
|
Tyson Foods, Inc., Class A
|
|
21,263
|
1,297,468
|
|
US Foods Holding Corp.(c)
|
|
14,049
|
1,149,911
|
|
Walmart, Inc.
|
|
3,425
|
396,444
|
|
|
|
|
65,088,959
|
|
Energy-8.13%
|
|||
|
Antero Midstream Corp.
|
|
79,352
|
1,663,218
|
|
Antero Resources Corp.(c)
|
|
44,860
|
1,603,745
|
|
APA Corp.
|
|
53,881
|
1,962,885
|
|
Baker Hughes Co., Class A
|
|
32,353
|
2,066,710
|
|
Cheniere Energy, Inc.
|
|
7,128
|
1,602,802
|
|
Chevron Corp.
|
|
9,178
|
1,674,618
|
|
Chord Energy Corp.
|
|
14,735
|
1,943,104
|
|
ConocoPhillips
|
|
15,065
|
1,717,109
|
|
Devon Energy Corp.
|
|
78,814
|
3,506,435
|
|
Diamondback Energy, Inc.
|
|
10,200
|
1,953,096
|
|
DT Midstream, Inc.
|
|
13,340
|
1,867,333
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
EOG Resources, Inc.
|
|
13,568
|
$1,809,700
|
|
EQT Corp.
|
|
27,920
|
1,533,646
|
|
Expand Energy Corp.
|
|
16,789
|
1,561,041
|
|
Exxon Mobil Corp.
|
|
11,804
|
1,714,649
|
|
Halliburton Co.
|
|
51,998
|
2,020,122
|
|
HF Sinclair Corp.
|
|
31,585
|
2,207,476
|
|
Kinder Morgan, Inc.
|
|
54,252
|
1,686,152
|
|
Marathon Petroleum Corp.
|
|
7,875
|
1,959,064
|
|
Matador Resources Co.
|
|
32,260
|
1,729,136
|
|
NOV, Inc.
|
|
96,653
|
1,929,194
|
|
Occidental Petroleum Corp.
|
|
30,981
|
1,754,454
|
|
ONEOK, Inc.
|
|
21,344
|
1,791,615
|
|
Ovintiv, Inc.
|
|
32,943
|
1,846,126
|
|
Permian Resources Corp.
|
|
94,858
|
1,824,119
|
|
Phillips 66
|
|
10,415
|
1,831,790
|
|
Range Resources Corp.
|
|
42,202
|
1,643,768
|
|
SLB Ltd.
|
|
40,636
|
2,216,694
|
|
Targa Resources Corp.
|
|
7,580
|
1,933,431
|
|
TechnipFMC PLC (United Kingdom)
|
|
28,958
|
1,981,306
|
|
Texas Pacific Land Corp.
|
|
3,423
|
1,345,239
|
|
Valero Energy Corp.
|
|
7,653
|
1,873,607
|
|
Viper Energy, Inc., Class A
|
|
40,935
|
1,862,542
|
|
Weatherford International PLC
|
|
21,239
|
2,201,210
|
|
Williams Cos., Inc. (The)
|
|
24,657
|
1,760,263
|
|
|
|
|
65,577,399
|
|
Financials-9.78%
|
|||
|
Affiliated Managers Group, Inc.
|
|
1,803
|
546,039
|
|
Affirm Holdings, Inc.(c)(d)
|
|
7,518
|
553,701
|
|
Aflac, Inc.
|
|
4,404
|
495,098
|
|
AGNC Investment Corp.
|
|
46,528
|
484,356
|
|
Allstate Corp. (The)
|
|
2,342
|
482,663
|
|
Ally Financial, Inc.
|
|
13,060
|
559,099
|
|
American Express Co.
|
|
1,153
|
364,890
|
|
American Financial Group, Inc.
|
|
3,754
|
487,269
|
|
American International Group, Inc.
|
|
6,284
|
466,461
|
|
Ameriprise Financial, Inc.
|
|
1,093
|
487,161
|
|
Annaly Capital Management, Inc.
|
|
21,857
|
477,575
|
|
Aon PLC, Class A
|
|
1,526
|
482,308
|
|
Apollo Global Management, Inc.(d)
|
|
4,799
|
617,679
|
|
Arch Capital Group Ltd.(c)
|
|
5,132
|
458,493
|
|
Ares Management Corp., Class A
|
|
4,984
|
640,444
|
|
Arthur J. Gallagher & Co.
|
|
2,352
|
473,011
|
|
Assurant, Inc.
|
|
2,233
|
555,727
|
|
Assured Guaranty Ltd.
|
|
5,790
|
429,676
|
|
AXIS Capital Holdings Ltd.
|
|
4,785
|
454,240
|
|
Bank of America Corp.
|
|
10,212
|
526,939
|
|
Bank of New York Mellon Corp. (The)
|
|
4,160
|
580,029
|
|
Bank OZK
|
|
10,972
|
530,935
|
|
Berkshire Hathaway, Inc., Class B(c)
|
|
981
|
465,465
|
|
BlackRock, Inc.
|
|
522
|
546,471
|
|
Blackstone, Inc., Class A(d)
|
|
4,716
|
551,631
|
|
Block, Inc., Class A(c)
|
|
5,823
|
440,918
|
|
Blue Owl Capital, Inc.(d)
|
|
55,871
|
574,354
|
|
BOK Financial Corp.(d)
|
|
3,886
|
497,563
|
|
Brighthouse Financial, Inc.(c)(d)
|
|
7,973
|
498,711
|
|
Brookfield Asset Management Ltd., Class A
(Canada)(d)
|
|
11,146
|
541,696
|
|
Brown & Brown, Inc.(d)
|
|
7,111
|
399,994
|
|
Bullish (Cayman Islands)(c)(d)
|
|
13,271
|
463,291
|
|
Capital One Financial Corp.
|
|
1,969
|
370,034
|
|
Carlyle Group, Inc. (The)(d)
|
|
10,612
|
482,103
|
|
Cboe Global Markets, Inc.
|
|
1,657
|
552,709
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Central BanCo., Inc.
|
|
19,955
|
$566,722
|
|
Charles Schwab Corp. (The)
|
|
5,277
|
460,946
|
|
Chubb Ltd.
|
|
1,464
|
456,373
|
|
Cincinnati Financial Corp.(d)
|
|
2,925
|
460,453
|
|
Citigroup, Inc.
|
|
4,619
|
581,532
|
|
Citizens Financial Group, Inc.
|
|
8,443
|
525,661
|
|
CME Group, Inc., Class A
|
|
1,548
|
423,440
|
|
CNA Financial Corp.(d)
|
|
10,340
|
434,900
|
|
Coinbase Global, Inc., Class A(c)(d)
|
|
2,495
|
471,630
|
|
Columbia Banking System, Inc.
|
|
18,205
|
539,596
|
|
Commerce Bancshares, Inc.
|
|
10,123
|
528,623
|
|
Corebridge Financial, Inc.
|
|
21,065
|
568,755
|
|
Corpay, Inc.(c)
|
|
1,084
|
392,191
|
|
Credit Acceptance Corp.(c)(d)
|
|
987
|
566,183
|
|
Cullen/Frost Bankers, Inc.
|
|
3,670
|
497,358
|
|
East West Bancorp, Inc.
|
|
4,545
|
556,944
|
|
Equitable Holdings, Inc.
|
|
12,984
|
536,888
|
|
Euronet Worldwide, Inc.(c)(d)
|
|
4,813
|
348,846
|
|
Evercore, Inc., Class A
|
|
1,824
|
621,729
|
|
Everest Group Ltd.
|
|
1,496
|
484,749
|
|
F.N.B. Corp.
|
|
29,939
|
523,334
|
|
FactSet Research Systems, Inc.(d)
|
|
2,359
|
579,064
|
|
Fidelity National Financial, Inc.
|
|
10,351
|
490,120
|
|
Fidelity National Information Services, Inc.
|
|
7,076
|
304,197
|
|
Fifth Third Bancorp
|
|
11,034
|
550,928
|
|
Figure Technology Solutions, Inc., Class A(c)
|
|
13,696
|
484,154
|
|
First American Financial Corp.
|
|
7,591
|
502,752
|
|
First Citizens BancShares, Inc., Class A
|
|
268
|
533,457
|
|
First Hawaiian, Inc.
|
|
20,147
|
543,566
|
|
First Horizon Corp.
|
|
21,703
|
525,864
|
|
Fiserv, Inc.(c)
|
|
6,211
|
351,294
|
|
Franklin Resources, Inc.(d)
|
|
20,391
|
632,529
|
|
Freedom Holding Corp. (Kazakhstan)(c)(d)
|
|
3,599
|
514,009
|
|
Global Payments, Inc.(d)
|
|
4,953
|
374,001
|
|
Globe Life, Inc.
|
|
3,462
|
530,517
|
|
Goldman Sachs Group, Inc. (The)
|
|
619
|
634,822
|
|
Hamilton Lane, Inc., Class A(d)
|
|
5,101
|
444,450
|
|
Hanover Insurance Group, Inc. (The)
|
|
2,760
|
513,912
|
|
Hartford Insurance Group, Inc. (The)
|
|
3,585
|
455,761
|
|
Houlihan Lokey, Inc.
|
|
3,436
|
486,744
|
|
Huntington Bancshares, Inc.
|
|
31,079
|
508,452
|
|
Interactive Brokers Group, Inc., Class A
|
|
7,219
|
627,836
|
|
Intercontinental Exchange, Inc.
|
|
3,039
|
449,316
|
|
Invesco Ltd.(e)
|
|
21,002
|
597,717
|
|
Jack Henry & Associates, Inc.
|
|
2,097
|
285,863
|
|
Janus Henderson Group PLC
|
|
9,541
|
493,365
|
|
Jefferies Financial Group, Inc.
|
|
13,500
|
711,720
|
|
JPMorgan Chase & Co.
|
|
1,699
|
508,528
|
|
Kemper Corp.
|
|
16,506
|
407,203
|
|
KeyCorp
|
|
25,033
|
533,954
|
|
Kinsale Capital Group, Inc.
|
|
1,351
|
411,744
|
|
KKR & Co., Inc., Class A
|
|
5,729
|
549,640
|
|
Lazard, Inc.
|
|
11,831
|
559,961
|
|
Lincoln National Corp.
|
|
14,761
|
520,916
|
|
Loews Corp.
|
|
4,475
|
463,386
|
|
LPL Financial Holdings, Inc.(d)
|
|
1,676
|
458,839
|
|
M&T Bank Corp.
|
|
2,460
|
531,631
|
|
Markel Group, Inc.(c)(d)
|
|
250
|
453,897
|
|
MarketAxess Holdings, Inc.
|
|
2,672
|
347,467
|
|
Marsh & McLennan Cos., Inc.
|
|
2,813
|
449,996
|
|
Mastercard, Inc., Class A
|
|
697
|
344,304
|
|
MetLife, Inc.
|
|
6,996
|
578,499
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
MGIC Investment Corp.
|
|
18,429
|
$464,779
|
|
Moody’s Corp.
|
|
1,127
|
510,813
|
|
Morgan Stanley
|
|
3,120
|
648,960
|
|
Morningstar, Inc.
|
|
2,660
|
484,173
|
|
MSCI, Inc.
|
|
902
|
569,505
|
|
Nasdaq, Inc.
|
|
5,717
|
528,937
|
|
Northern Trust Corp.
|
|
3,498
|
578,744
|
|
NU Holdings Ltd., Class A (Brazil)(c)
|
|
34,436
|
452,145
|
|
Old Republic International Corp.
|
|
12,027
|
447,765
|
|
OneMain Holdings, Inc.(d)
|
|
9,134
|
505,202
|
|
PayPal Holdings, Inc.
|
|
7,852
|
351,377
|
|
Pinnacle Financial Partners, Inc.
|
|
5,764
|
563,373
|
|
PNC Financial Services Group, Inc. (The)
|
|
2,407
|
532,236
|
|
Popular, Inc.
|
|
3,680
|
546,590
|
|
Primerica, Inc.
|
|
1,938
|
523,202
|
|
Principal Financial Group, Inc.
|
|
5,579
|
578,096
|
|
Progressive Corp. (The)
|
|
2,341
|
445,726
|
|
Prosperity Bancshares, Inc.(d)
|
|
7,354
|
507,132
|
|
Prudential Financial, Inc.
|
|
5,216
|
524,938
|
|
Raymond James Financial, Inc.(d)
|
|
3,326
|
476,982
|
|
Regions Financial Corp.
|
|
19,003
|
532,084
|
|
Reinsurance Group of America, Inc.
|
|
2,355
|
472,743
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
1,651
|
462,858
|
|
Rithm Capital Corp.(d)
|
|
50,103
|
466,960
|
|
RLI Corp.
|
|
7,758
|
388,210
|
|
Robinhood Markets, Inc., Class A(c)
|
|
6,326
|
596,542
|
|
Rocket Cos., Inc., Class A(c)
|
|
32,991
|
478,699
|
|
Ryan Specialty Holdings, Inc., Class A(d)
|
|
13,296
|
423,478
|
|
S&P Global, Inc.
|
|
1,145
|
485,480
|
|
SEI Investments Co.
|
|
6,076
|
533,959
|
|
Shift4 Payments, Inc., Class A(c)(d)
|
|
7,931
|
353,405
|
|
SLM Corp.
|
|
23,603
|
522,098
|
|
SoFi Technologies, Inc.(c)(d)
|
|
27,183
|
495,274
|
|
SouthState Bank Corp.
|
|
5,322
|
504,259
|
|
Starwood Property Trust, Inc.(d)
|
|
27,258
|
465,567
|
|
State Street Corp.
|
|
3,903
|
607,463
|
|
Stifel Financial Corp.
|
|
6,787
|
476,108
|
|
Synchrony Financial(d)
|
|
5,449
|
389,277
|
|
T. Rowe Price Group, Inc.(d)
|
|
5,472
|
571,988
|
|
TFS Financial Corp.(d)
|
|
35,736
|
568,560
|
|
Toast, Inc., Class A(c)
|
|
17,938
|
466,926
|
|
TPG, Inc.(d)
|
|
12,309
|
523,994
|
|
TPG, Inc.(c)(f)
|
|
8,742
|
0
|
|
Tradeweb Markets, Inc., Class A
|
|
3,894
|
390,373
|
|
Travelers Cos., Inc. (The)
|
|
1,594
|
465,273
|
|
Truist Financial Corp.
|
|
10,844
|
522,789
|
|
U.S. Bancorp
|
|
9,344
|
512,518
|
|
Unum Group
|
|
6,617
|
550,733
|
|
UWM Holdings Corp.(d)
|
|
128,625
|
393,592
|
|
Virtu Financial, Inc., Class A
|
|
12,124
|
608,019
|
|
Visa, Inc., Class A
|
|
1,136
|
370,745
|
|
Voya Financial, Inc.
|
|
7,435
|
603,871
|
|
W.R. Berkley Corp.(d)
|
|
7,005
|
445,098
|
|
Webster Financial Corp.
|
|
7,085
|
515,221
|
|
Wells Fargo & Co.
|
|
6,397
|
496,023
|
|
Western Alliance Bancorporation
|
|
7,063
|
562,568
|
|
Western Union Co. (The)(d)
|
|
36,546
|
297,119
|
|
WEX, Inc.(c)(d)
|
|
2,214
|
320,941
|
|
White Mountains Insurance Group Ltd.(d)
|
|
224
|
462,520
|
|
Willis Towers Watson PLC
|
|
1,693
|
422,691
|
|
Wintrust Financial Corp.
|
|
3,662
|
550,142
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
XP, Inc., Class A (Brazil)
|
|
26,829
|
$447,239
|
|
Zions Bancorporation N.A.
|
|
8,866
|
553,682
|
|
|
|
|
78,849,725
|
|
Health Care-9.32%
|
|||
|
Abbott Laboratories
|
|
6,073
|
519,849
|
|
AbbVie, Inc.
|
|
2,942
|
640,532
|
|
Acadia Healthcare Co., Inc.(c)(d)
|
|
27,497
|
637,930
|
|
Agilent Technologies, Inc.
|
|
5,887
|
797,865
|
|
Align Technology, Inc.(c)
|
|
3,972
|
694,901
|
|
Alnylam Pharmaceuticals, Inc.(c)
|
|
2,073
|
626,005
|
|
Amgen, Inc.
|
|
1,809
|
609,253
|
|
Avantor, Inc.(c)
|
|
84,138
|
767,339
|
|
Baxter International, Inc.(d)
|
|
36,475
|
685,001
|
|
Becton, Dickinson and Co.
|
|
4,121
|
606,282
|
|
Biogen, Inc.(c)
|
|
3,590
|
703,640
|
|
BioMarin Pharmaceutical, Inc.(c)
|
|
11,115
|
636,778
|
|
Bio-Rad Laboratories, Inc., Class A(c)(d)
|
|
2,514
|
785,575
|
|
Bio-Techne Corp.(d)
|
|
12,757
|
659,282
|
|
Boston Scientific Corp.(c)
|
|
9,575
|
462,568
|
|
Bristol-Myers Squibb Co.
|
|
11,278
|
644,876
|
|
Bristol-Myers Squibb Co., Rts., expiring
01/23/2031(c)(d)(f)
|
|
7,730
|
0
|
|
Bruker Corp.(d)
|
|
18,938
|
1,115,259
|
|
Cardinal Health, Inc.
|
|
3,035
|
597,288
|
|
Caris Life Sciences, Inc.(c)(d)
|
|
37,132
|
620,847
|
|
Cencora, Inc.
|
|
3,690
|
993,938
|
|
Centene Corp.(c)
|
|
19,173
|
1,142,711
|
|
Certara, Inc.(c)(d)
|
|
100,127
|
582,739
|
|
Charles River Laboratories International,
Inc.(c)
|
|
4,354
|
786,811
|
|
Chemed Corp.
|
|
1,663
|
709,120
|
|
Cigna Group (The)
|
|
2,477
|
687,120
|
|
Cooper Cos., Inc. (The)(c)
|
|
9,187
|
562,336
|
|
Corcept Therapeutics, Inc.(c)(d)
|
|
20,459
|
1,421,696
|
|
CVS Health Corp.
|
|
17,052
|
1,551,391
|
|
Danaher Corp.
|
|
3,569
|
651,949
|
|
DaVita, Inc.(c)(d)
|
|
4,338
|
843,134
|
|
DENTSPLY SIRONA, Inc.(d)
|
|
56,220
|
588,623
|
|
Dexcom, Inc.(c)
|
|
10,190
|
751,411
|
|
Doximity, Inc., Class A(c)
|
|
27,375
|
585,825
|
|
Edwards Lifesciences Corp.(c)
|
|
7,836
|
677,579
|
|
Elanco Animal Health, Inc.(c)
|
|
28,962
|
690,744
|
|
Elevance Health, Inc.
|
|
2,304
|
905,910
|
|
Eli Lilly and Co.
|
|
680
|
751,400
|
|
Encompass Health Corp.
|
|
6,623
|
701,045
|
|
Envista Holdings Corp.(c)
|
|
25,816
|
607,967
|
|
Exelixis, Inc.(c)
|
|
15,998
|
807,579
|
|
GE HealthCare Technologies, Inc.
|
|
9,338
|
582,131
|
|
Gilead Sciences, Inc.
|
|
4,580
|
615,689
|
|
Globus Medical, Inc., Class A(c)
|
|
7,770
|
636,208
|
|
Halozyme Therapeutics, Inc.(c)
|
|
10,453
|
695,543
|
|
HCA Healthcare, Inc.
|
|
1,249
|
472,796
|
|
Henry Schein, Inc.(c)
|
|
8,761
|
670,917
|
|
Humana, Inc.
|
|
4,040
|
1,233,897
|
|
IDEXX Laboratories, Inc.(c)
|
|
1,149
|
647,496
|
|
Illumina, Inc.(c)
|
|
5,748
|
936,694
|
|
Incyte Corp.(c)
|
|
7,219
|
698,366
|
|
Insmed, Inc.(c)
|
|
4,713
|
503,867
|
|
Inspire Medical Systems, Inc.(c)(d)
|
|
11,281
|
466,582
|
|
Insulet Corp.(c)
|
|
2,781
|
403,078
|
|
Intuitive Surgical, Inc.(c)
|
|
1,377
|
584,729
|
|
Ionis Pharmaceuticals, Inc.(c)
|
|
9,085
|
695,003
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
IQVIA Holdings, Inc.(c)
|
|
4,080
|
$743,417
|
|
Jazz Pharmaceuticals PLC(c)
|
|
3,682
|
870,756
|
|
Johnson & Johnson
|
|
2,714
|
611,546
|
|
Labcorp Holdings, Inc.
|
|
2,532
|
658,472
|
|
Masimo Corp.(c)
|
|
3,745
|
668,295
|
|
McKesson Corp.
|
|
1,380
|
1,024,567
|
|
Medline, Inc.(c)(d)
|
|
15,990
|
584,594
|
|
Medpace Holdings, Inc.(c)
|
|
1,484
|
663,511
|
|
Medtronic PLC
|
|
7,520
|
555,051
|
|
Merck & Co., Inc.
|
|
5,733
|
680,622
|
|
Mettler-Toledo International, Inc.(c)
|
|
310
|
365,980
|
|
Moderna, Inc.(c)(d)
|
|
12,453
|
587,657
|
|
Molina Healthcare, Inc.(c)(d)
|
|
4,449
|
772,346
|
|
Natera, Inc.(c)
|
|
3,492
|
780,008
|
|
Neurocrine Biosciences, Inc.(c)
|
|
5,198
|
822,843
|
|
Organon & Co.
|
|
104,422
|
1,392,989
|
|
Penumbra, Inc.(c)
|
|
1,966
|
625,778
|
|
Perrigo Co. PLC
|
|
70,453
|
778,506
|
|
Pfizer, Inc.
|
|
24,458
|
640,310
|
|
Qiagen N.V.
|
|
15,971
|
584,379
|
|
Quest Diagnostics, Inc.
|
|
3,270
|
637,323
|
|
Regeneron Pharmaceuticals, Inc.
|
|
894
|
549,613
|
|
Repligen Corp.(c)
|
|
5,780
|
716,431
|
|
ResMed, Inc.(d)
|
|
2,824
|
538,170
|
|
Revolution Medicines, Inc.(c)
|
|
6,976
|
1,098,580
|
|
Revvity, Inc.(d)
|
|
7,839
|
819,567
|
|
Roivant Sciences Ltd.(c)
|
|
23,280
|
698,167
|
|
Royalty Pharma PLC, Class A
|
|
14,472
|
806,959
|
|
Sarepta Therapeutics, Inc.(c)(d)
|
|
38,963
|
696,269
|
|
Solventum Corp.(c)
|
|
10,039
|
752,423
|
|
Sotera Health Co.(c)
|
|
49,822
|
779,216
|
|
STERIS PLC
|
|
3,098
|
659,038
|
|
Stryker Corp.
|
|
1,954
|
596,146
|
|
Summit Therapeutics, Inc.(c)(d)
|
|
42,970
|
753,694
|
|
Teleflex, Inc.
|
|
6,135
|
789,206
|
|
Tempus AI, Inc.(c)(d)
|
|
13,258
|
669,131
|
|
Tenet Healthcare Corp.(c)
|
|
2,959
|
518,772
|
|
Thermo Fisher Scientific, Inc.
|
|
1,402
|
690,499
|
|
Ultragenyx Pharmaceutical, Inc.(c)
|
|
30,590
|
732,325
|
|
United Therapeutics Corp.(c)(d)
|
|
1,244
|
692,684
|
|
UnitedHealth Group, Inc.
|
|
2,386
|
907,420
|
|
Universal Health Services, Inc., Class B
|
|
3,491
|
510,070
|
|
Veeva Systems, Inc., Class A(c)
|
|
3,638
|
634,249
|
|
Vertex Pharmaceuticals, Inc.(c)
|
|
1,380
|
617,605
|
|
Viatris, Inc.
|
|
48,118
|
782,399
|
|
Viking Therapeutics, Inc.(c)(d)
|
|
18,520
|
606,345
|
|
Waters Corp.(c)
|
|
2,344
|
899,088
|
|
West Pharmaceutical Services, Inc.(d)
|
|
2,873
|
927,433
|
|
Zimmer Biomet Holdings, Inc.
|
|
7,148
|
588,495
|
|
Zoetis, Inc.
|
|
5,684
|
441,590
|
|
|
|
|
75,175,628
|
|
Industrials-9.87%
|
|||
|
3M Co.
|
|
2,334
|
357,405
|
|
A.O. Smith Corp.
|
|
5,241
|
297,270
|
|
AAON, Inc.
|
|
4,062
|
569,492
|
|
Acuity, Inc.
|
|
1,346
|
410,678
|
|
Advanced Drainage Systems, Inc.
|
|
2,512
|
349,570
|
|
AECOM
|
|
3,880
|
269,156
|
|
AGCO Corp.
|
|
2,903
|
325,949
|
|
Alaska Air Group, Inc.(c)(d)
|
|
11,112
|
511,374
|
|
Allegion PLC
|
|
2,385
|
310,217
|
|
Allison Transmission Holdings, Inc.
|
|
3,086
|
350,354
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Amentum Holdings, Inc.(c)
|
|
12,450
|
$289,214
|
|
American Airlines Group, Inc.(c)(d)
|
|
40,717
|
596,097
|
|
AMETEK, Inc.
|
|
1,617
|
365,199
|
|
API Group Corp.(c)
|
|
8,671
|
355,511
|
|
Applied Industrial Technologies, Inc.
|
|
1,361
|
413,485
|
|
Armstrong World Industries, Inc.
|
|
2,114
|
333,801
|
|
ATI, Inc.(c)
|
|
2,381
|
417,056
|
|
Automatic Data Processing, Inc.
|
|
1,679
|
372,469
|
|
Avis Budget Group, Inc.(c)
|
|
4,317
|
759,101
|
|
Axon Enterprise, Inc.(c)
|
|
704
|
315,899
|
|
Boeing Co. (The)(c)
|
|
1,701
|
393,186
|
|
Booz Allen Hamilton Holding Corp.
|
|
4,516
|
357,577
|
|
Broadridge Financial Solutions, Inc.
|
|
2,712
|
416,889
|
|
Builders FirstSource, Inc.(c)(d)
|
|
4,020
|
306,565
|
|
BWX Technologies, Inc.
|
|
1,759
|
344,553
|
|
C.H. Robinson Worldwide, Inc.
|
|
2,032
|
363,017
|
|
CACI International, Inc., Class A(c)
|
|
816
|
419,024
|
|
Carlisle Cos., Inc.
|
|
1,029
|
354,809
|
|
Carpenter Technology Corp.
|
|
4,787
|
2,245,007
|
|
Carrier Global Corp.
|
|
6,340
|
404,936
|
|
Caterpillar, Inc.
|
|
499
|
437,059
|
|
Cintas Corp.
|
|
1,806
|
309,296
|
|
Clarivate PLC(c)(d)
|
|
191,117
|
483,526
|
|
Clean Harbors, Inc.(c)
|
|
5,537
|
1,556,063
|
|
CNH Industrial N.V.(d)
|
|
32,417
|
330,978
|
|
Comfort Systems USA, Inc.
|
|
258
|
471,678
|
|
Concentrix Corp.
|
|
15,599
|
441,296
|
|
Copart, Inc.(c)
|
|
12,646
|
414,409
|
|
Core & Main, Inc., Class A(c)(d)
|
|
7,312
|
361,578
|
|
Crane Co.
|
|
1,949
|
356,667
|
|
CSX Corp.
|
|
8,883
|
402,045
|
|
Cummins, Inc.
|
|
649
|
419,663
|
|
Curtiss-Wright Corp.
|
|
513
|
383,524
|
|
Deere & Co.
|
|
594
|
322,055
|
|
Delta Air Lines, Inc.
|
|
7,421
|
612,084
|
|
Donaldson Co., Inc.
|
|
4,003
|
327,726
|
|
Dover Corp.
|
|
1,736
|
366,921
|
|
Eaton Corp. PLC
|
|
1,011
|
405,007
|
|
EMCOR Group, Inc.
|
|
492
|
406,795
|
|
Emerson Electric Co.
|
|
2,639
|
379,541
|
|
Equifax, Inc.
|
|
1,904
|
315,664
|
|
ESAB Corp.
|
|
3,362
|
310,750
|
|
Everus Construction Group, Inc.(c)(d)
|
|
3,091
|
459,848
|
|
ExlService Holdings, Inc.(c)(d)
|
|
11,725
|
340,377
|
|
Expeditors International of Washington, Inc.
|
|
2,444
|
386,128
|
|
Fastenal Co.
|
|
40,036
|
1,769,591
|
|
FedEx Corp.
|
|
1,002
|
412,573
|
|
Ferguson Enterprises, Inc.
|
|
1,587
|
358,614
|
|
Flowserve Corp.(d)
|
|
4,675
|
353,009
|
|
Fortive Corp.
|
|
6,400
|
373,248
|
|
Fortune Brands Innovations, Inc.
|
|
8,058
|
313,779
|
|
FTAI Aviation Ltd.
|
|
1,474
|
383,741
|
|
FTI Consulting, Inc.(c)(d)
|
|
2,147
|
328,877
|
|
Gates Industrial Corp. PLC(c)
|
|
15,338
|
397,561
|
|
GE Vernova, Inc.
|
|
422
|
408,631
|
|
Generac Holdings, Inc.(c)
|
|
1,706
|
474,114
|
|
General Dynamics Corp.
|
|
1,008
|
349,595
|
|
General Electric Co.
|
|
1,135
|
367,468
|
|
Genpact Ltd.
|
|
9,140
|
301,163
|
|
Graco, Inc.
|
|
4,082
|
307,987
|
|
GXO Logistics, Inc.(c)(d)
|
|
6,641
|
332,781
|
|
Hayward Holdings, Inc.(c)
|
|
24,412
|
344,453
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
HEICO Corp.(d)
|
|
1,199
|
$417,468
|
|
Hexcel Corp.
|
|
21,924
|
1,968,556
|
|
Honeywell International, Inc.
|
|
1,497
|
356,076
|
|
Howmet Aerospace, Inc.
|
|
1,435
|
370,589
|
|
Hubbell, Inc.
|
|
755
|
357,576
|
|
Huntington Ingalls Industries, Inc.
|
|
847
|
261,020
|
|
IDEX Corp.
|
|
1,879
|
396,150
|
|
Illinois Tool Works, Inc.
|
|
1,320
|
326,410
|
|
Ingersoll Rand, Inc.
|
|
4,296
|
307,765
|
|
ITT, Inc.
|
|
1,863
|
363,285
|
|
J.B. Hunt Transport Services, Inc.
|
|
1,752
|
484,305
|
|
Jacobs Solutions, Inc.
|
|
2,692
|
322,663
|
|
Johnson Controls International PLC
|
|
2,663
|
357,002
|
|
Karman Holdings, Inc.(c)
|
|
3,515
|
202,113
|
|
KBR, Inc.
|
|
13,460
|
470,427
|
|
Kirby Corp.(c)
|
|
2,804
|
394,214
|
|
Knight-Swift Transportation Holdings, Inc.
|
|
6,747
|
510,276
|
|
L3Harris Technologies, Inc.
|
|
977
|
307,931
|
|
Landstar System, Inc.
|
|
2,408
|
498,215
|
|
Leidos Holdings, Inc.
|
|
2,845
|
363,591
|
|
Lennox International, Inc.(d)
|
|
735
|
369,088
|
|
Leonardo DRS, Inc.
|
|
7,593
|
370,235
|
|
Lincoln Electric Holdings, Inc.
|
|
1,353
|
349,737
|
|
Loar Holdings, Inc.(c)(d)
|
|
5,528
|
356,445
|
|
Lockheed Martin Corp.
|
|
534
|
283,260
|
|
Lyft, Inc., Class A(c)(d)
|
|
33,181
|
468,184
|
|
ManpowerGroup, Inc.
|
|
13,195
|
417,358
|
|
Masco Corp.
|
|
5,739
|
403,165
|
|
MasTec, Inc.(c)
|
|
1,172
|
443,450
|
|
Middleby Corp. (The)(c)
|
|
2,425
|
375,899
|
|
MSA Safety, Inc.
|
|
1,948
|
322,978
|
|
MSC Industrial Direct Co., Inc., Class A
|
|
3,951
|
432,516
|
|
Mueller Industries, Inc.
|
|
16,351
|
2,102,739
|
|
Nordson Corp.
|
|
1,297
|
372,667
|
|
Norfolk Southern Corp.
|
|
1,204
|
367,172
|
|
Northrop Grumman Corp.
|
|
475
|
267,748
|
|
nVent Electric PLC
|
|
3,232
|
539,712
|
|
Old Dominion Freight Line, Inc.
|
|
1,983
|
446,472
|
|
Oshkosh Corp.
|
|
2,322
|
301,860
|
|
Otis Worldwide Corp.
|
|
4,222
|
299,086
|
|
Owens Corning
|
|
3,380
|
425,272
|
|
PACCAR, Inc.
|
|
3,050
|
336,628
|
|
Parker-Hannifin Corp.
|
|
398
|
336,163
|
|
Parsons Corp.(c)
|
|
8,714
|
514,997
|
|
Paychex, Inc.
|
|
3,803
|
368,815
|
|
Paycom Software, Inc.
|
|
3,907
|
545,691
|
|
Paylocity Holding Corp.(c)
|
|
3,157
|
362,834
|
|
Pentair PLC
|
|
3,944
|
279,393
|
|
Quanta Services, Inc.
|
|
613
|
436,290
|
|
QXO, Inc.(c)(d)
|
|
17,877
|
308,378
|
|
RB Global, Inc. (Canada)(d)
|
|
4,388
|
466,664
|
|
RBC Bearings, Inc.(c)(d)
|
|
3,312
|
1,894,332
|
|
Regal Rexnord Corp.
|
|
1,852
|
373,660
|
|
Republic Services, Inc.
|
|
7,081
|
1,419,316
|
|
Robert Half, Inc.
|
|
15,313
|
450,815
|
|
Rocket Lab Corp.(c)
|
|
5,093
|
730,744
|
|
Rockwell Automation, Inc.
|
|
976
|
440,235
|
|
Rollins, Inc.
|
|
7,727
|
367,805
|
|
RTX Corp.
|
|
1,715
|
308,117
|
|
Ryder System, Inc.
|
|
1,859
|
466,330
|
|
Saia, Inc.(c)
|
|
1,104
|
521,496
|
|
Schneider National, Inc., Class B(d)
|
|
14,677
|
518,685
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Science Applications International Corp.
|
|
5,409
|
$563,618
|
|
Sensata Technologies Holding PLC(d)
|
|
10,172
|
502,395
|
|
Simpson Manufacturing Co., Inc.(d)
|
|
2,011
|
381,567
|
|
SiteOne Landscape Supply, Inc.(c)(d)
|
|
3,314
|
359,900
|
|
Snap-on, Inc.
|
|
981
|
364,157
|
|
Southwest Airlines Co.
|
|
11,123
|
477,733
|
|
StandardAero, Inc.(c)(d)
|
|
13,108
|
375,413
|
|
Stanley Black & Decker, Inc.
|
|
4,903
|
389,396
|
|
Tetra Tech, Inc.
|
|
10,501
|
288,672
|
|
Textron, Inc.
|
|
3,808
|
349,422
|
|
Timken Co. (The)
|
|
18,145
|
2,322,197
|
|
Toro Co. (The)
|
|
3,673
|
330,129
|
|
Trane Technologies PLC
|
|
833
|
375,933
|
|
TransDigm Group, Inc.
|
|
293
|
368,688
|
|
TransUnion
|
|
5,007
|
358,301
|
|
Trex Co., Inc.(c)
|
|
9,333
|
386,386
|
|
Uber Technologies, Inc.(c)
|
|
5,891
|
414,726
|
|
U-Haul Holding Co., Series N(d)
|
|
10,124
|
526,650
|
|
Union Pacific Corp.
|
|
1,460
|
383,454
|
|
United Airlines Holdings, Inc.(c)
|
|
4,964
|
569,867
|
|
United Parcel Service, Inc., Class B
|
|
3,554
|
379,176
|
|
United Rentals, Inc.
|
|
477
|
474,935
|
|
Valmont Industries, Inc.
|
|
852
|
442,878
|
|
Veralto Corp.
|
|
3,882
|
319,217
|
|
Verisk Analytics, Inc.
|
|
1,757
|
307,457
|
|
Vertiv Holdings Co., Class A
|
|
1,887
|
595,745
|
|
W.W. Grainger, Inc.
|
|
334
|
412,236
|
|
Waste Management, Inc.
|
|
6,682
|
1,412,976
|
|
Watsco, Inc.(d)
|
|
982
|
360,492
|
|
WESCO International, Inc.
|
|
1,370
|
494,803
|
|
Westinghouse Air Brake Technologies Corp.
|
|
1,454
|
379,727
|
|
WillScot Holdings Corp.
|
|
18,511
|
476,288
|
|
Woodward, Inc.
|
|
979
|
342,679
|
|
XPO, Inc.(c)(d)
|
|
1,900
|
407,075
|
|
Xylem, Inc.
|
|
2,900
|
317,666
|
|
|
|
|
79,562,740
|
|
Information Technology-14.71%
|
|||
|
Accenture PLC, Class A
|
|
1,774
|
331,862
|
|
Adobe, Inc.(c)
|
|
1,830
|
474,354
|
|
Advanced Micro Devices, Inc.(c)
|
|
2,527
|
1,304,185
|
|
Akamai Technologies, Inc.(c)
|
|
4,699
|
702,688
|
|
Allegro MicroSystems, Inc.(c)(d)
|
|
16,055
|
768,553
|
|
Amdocs Ltd.
|
|
7,390
|
465,348
|
|
Amkor Technology, Inc.
|
|
12,116
|
842,789
|
|
Amphenol Corp., Class A
|
|
3,767
|
560,379
|
|
Analog Devices, Inc.
|
|
1,612
|
667,126
|
|
AppFolio, Inc., Class A(c)(d)
|
|
2,809
|
452,727
|
|
Apple, Inc.
|
|
1,942
|
606,021
|
|
Applied Materials, Inc.
|
|
1,472
|
662,488
|
|
AppLovin Corp., Class A(c)
|
|
1,112
|
681,756
|
|
Arista Networks, Inc.(c)
|
|
28,506
|
4,545,852
|
|
Arrow Electronics, Inc.(c)
|
|
3,560
|
764,083
|
|
Astera Labs, Inc.(c)
|
|
4,171
|
1,430,027
|
|
Atlassian Corp., Class A(c)(d)
|
|
6,745
|
725,829
|
|
Aurora Innovation, Inc.(c)(d)
|
|
82,007
|
601,931
|
|
Autodesk, Inc.(c)
|
|
1,986
|
459,382
|
|
Avnet, Inc.
|
|
8,311
|
722,475
|
|
Bentley Systems, Inc., Class B
|
|
12,870
|
420,077
|
|
BILL Holdings, Inc.(c)(d)
|
|
8,789
|
325,369
|
|
Broadcom, Inc.
|
|
1,477
|
659,879
|
|
Cadence Design Systems, Inc.(c)
|
|
1,726
|
647,129
|
|
CCC Intelligent Solutions Holdings, Inc.(c)(d)
|
|
85,346
|
401,126
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
CDW Corp.
|
|
4,362
|
$547,213
|
|
Ciena Corp.(c)
|
|
11,342
|
6,580,969
|
|
Circle Internet Group, Inc.(c)(d)
|
|
4,217
|
476,521
|
|
Cirrus Logic, Inc.(c)
|
|
3,801
|
645,980
|
|
Cisco Systems, Inc.
|
|
49,144
|
5,917,920
|
|
Cloudflare, Inc., Class A(c)
|
|
2,345
|
567,068
|
|
Cognex Corp.
|
|
7,145
|
470,498
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
8,094
|
451,281
|
|
Coherent Corp.(c)
|
|
2,055
|
742,821
|
|
Corning, Inc.
|
|
3,855
|
698,372
|
|
Crane NXT Co.
|
|
8,135
|
315,963
|
|
CrowdStrike Holdings, Inc., Class A(c)
|
|
1,140
|
833,340
|
|
Datadog, Inc., Class A(c)
|
|
3,935
|
973,322
|
|
Dell Technologies, Inc., Class C
|
|
3,339
|
1,405,418
|
|
DocuSign, Inc.(c)
|
|
10,644
|
559,023
|
|
Dolby Laboratories, Inc., Class A(d)
|
|
7,863
|
438,834
|
|
Dropbox, Inc., Class A(c)(d)
|
|
19,106
|
513,569
|
|
DXC Technology Co.(c)(d)
|
|
41,461
|
410,879
|
|
Dynatrace, Inc.(c)
|
|
13,022
|
554,607
|
|
Elastic N.V.(c)
|
|
9,568
|
619,050
|
|
Enphase Energy, Inc.(c)(d)
|
|
42,484
|
2,904,206
|
|
Entegris, Inc.
|
|
4,498
|
624,277
|
|
EPAM Systems, Inc.(c)(d)
|
|
3,649
|
373,877
|
|
F5, Inc.(c)
|
|
1,764
|
676,406
|
|
Fair Isaac Corp.(c)
|
|
329
|
411,444
|
|
First Solar, Inc.(c)
|
|
9,150
|
2,807,128
|
|
Flex Ltd.(c)
|
|
7,886
|
1,189,051
|
|
Fortinet, Inc.(c)
|
|
5,927
|
817,748
|
|
Gartner, Inc.(c)(d)
|
|
3,087
|
500,711
|
|
Gen Digital, Inc.
|
|
23,571
|
607,896
|
|
GitLab, Inc., Class A(c)(d)
|
|
21,696
|
673,661
|
|
GLOBALFOUNDRIES, Inc.(c)
|
|
11,979
|
957,961
|
|
Globant S.A.(c)(d)
|
|
10,944
|
441,700
|
|
GoDaddy, Inc., Class A(c)
|
|
6,127
|
525,880
|
|
Guidewire Software, Inc.(c)
|
|
3,144
|
479,994
|
|
Hewlett Packard Enterprise Co.
|
|
23,198
|
998,442
|
|
HP, Inc.
|
|
26,125
|
706,420
|
|
HubSpot, Inc.(c)
|
|
1,928
|
425,375
|
|
Ingram Micro Holding Corp.(d)
|
|
23,106
|
652,744
|
|
Intel Corp.(c)
|
|
11,038
|
1,265,838
|
|
International Business Machines Corp.
|
|
2,003
|
596,493
|
|
Intuit, Inc.
|
|
1,137
|
376,950
|
|
IPG Photonics Corp.(c)(d)
|
|
4,513
|
516,829
|
|
Jabil, Inc.
|
|
1,969
|
717,819
|
|
Keysight Technologies, Inc.(c)
|
|
1,229
|
415,808
|
|
KLA Corp.
|
|
356
|
684,129
|
|
Kyndryl Holdings, Inc.(c)
|
|
39,411
|
491,455
|
|
Lam Research Corp.
|
|
2,390
|
760,450
|
|
Lattice Semiconductor Corp.(c)
|
|
5,794
|
852,182
|
|
Littelfuse, Inc.
|
|
1,070
|
499,551
|
|
Lumentum Holdings, Inc.(c)
|
|
6,202
|
5,302,462
|
|
MACOM Technology Solutions Holdings,
Inc.(c)
|
|
2,316
|
844,506
|
|
Manhattan Associates, Inc.(c)
|
|
3,523
|
528,626
|
|
Marvell Technology, Inc.
|
|
5,698
|
1,168,090
|
|
Microchip Technology, Inc.
|
|
7,978
|
755,118
|
|
Micron Technology, Inc.
|
|
1,233
|
1,197,243
|
|
Microsoft Corp.
|
|
1,241
|
558,748
|
|
MKS, Inc.
|
|
1,633
|
529,517
|
|
MongoDB, Inc.(c)
|
|
1,922
|
644,927
|
|
Monolithic Power Systems, Inc.
|
|
487
|
762,744
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Motorola Solutions, Inc.
|
|
8,263
|
$3,332,303
|
|
nCino, Inc.(c)(d)
|
|
32,517
|
522,873
|
|
NetApp, Inc.
|
|
5,102
|
889,228
|
|
Nutanix, Inc., Class A(c)
|
|
12,649
|
658,633
|
|
NVIDIA Corp.
|
|
2,719
|
574,090
|
|
Okta, Inc.(c)(d)
|
|
6,264
|
772,163
|
|
ON Semiconductor Corp.(c)
|
|
8,709
|
1,050,480
|
|
Onto Innovation, Inc.(c)
|
|
2,712
|
700,347
|
|
Oracle Corp.
|
|
3,114
|
703,079
|
|
Palantir Technologies, Inc., Class A(c)
|
|
3,226
|
504,998
|
|
Palo Alto Networks, Inc.(c)
|
|
2,980
|
839,436
|
|
Pegasystems, Inc.(d)
|
|
11,643
|
416,004
|
|
Procore Technologies, Inc.(c)
|
|
8,682
|
429,672
|
|
PTC, Inc.(c)
|
|
3,147
|
436,583
|
|
Pure Storage, Inc., Class A(c)
|
|
8,117
|
645,383
|
|
Qnity Electronics, Inc.
|
|
4,672
|
728,832
|
|
Qorvo, Inc.(c)
|
|
6,365
|
659,159
|
|
QUALCOMM, Inc.
|
|
3,776
|
947,852
|
|
Ralliant Corp.
|
|
8,117
|
502,199
|
|
RingCentral, Inc., Class A
|
|
13,009
|
563,420
|
|
Roper Technologies, Inc.
|
|
1,446
|
470,716
|
|
Rubrik, Inc., Class A(c)(d)
|
|
9,167
|
720,801
|
|
Sailpoint, Inc.(c)(d)
|
|
31,971
|
602,014
|
|
Salesforce, Inc.
|
|
2,490
|
475,839
|
|
Samsara, Inc., Class A(c)(d)
|
|
15,532
|
543,465
|
|
Sandisk Corp.(c)
|
|
813
|
1,378,019
|
|
SentinelOne, Inc., Class A(c)(d)
|
|
35,926
|
594,575
|
|
ServiceNow, Inc.(c)
|
|
4,382
|
544,989
|
|
Skyworks Solutions, Inc.
|
|
8,962
|
697,692
|
|
Snowflake, Inc., Class A(c)
|
|
2,791
|
713,240
|
|
SS&C Technologies Holdings, Inc.
|
|
6,926
|
467,644
|
|
Strategy, Inc., Class A(c)
|
|
3,610
|
574,315
|
|
Super Micro Computer, Inc.(c)(d)
|
|
16,016
|
738,177
|
|
Synopsys, Inc.(c)
|
|
1,196
|
568,842
|
|
TD SYNNEX Corp.
|
|
3,228
|
843,412
|
|
Teledyne Technologies, Inc.(c)
|
|
547
|
339,047
|
|
Teradata Corp.(c)(d)
|
|
18,500
|
629,925
|
|
Teradyne, Inc.
|
|
1,725
|
645,685
|
|
Texas Instruments, Inc.
|
|
2,641
|
807,301
|
|
Trimble, Inc.(c)
|
|
5,273
|
297,450
|
|
Twilio, Inc., Class A(c)
|
|
3,988
|
760,272
|
|
Tyler Technologies, Inc.(c)
|
|
1,438
|
450,310
|
|
Ubiquiti, Inc.(d)
|
|
5,095
|
2,974,767
|
|
UiPath, Inc., Class A(c)(d)
|
|
43,529
|
510,160
|
|
Unity Software, Inc.(c)
|
|
25,771
|
785,242
|
|
Universal Display Corp.(d)
|
|
5,232
|
481,972
|
|
VeriSign, Inc.
|
|
2,107
|
601,296
|
|
Vontier Corp.
|
|
9,630
|
273,299
|
|
Western Digital Corp.
|
|
1,909
|
1,014,080
|
|
Workday, Inc., Class A(c)
|
|
3,694
|
540,026
|
|
Zebra Technologies Corp., Class A(c)
|
|
1,706
|
415,633
|
|
Zoom Communications, Inc., Class A(c)
|
|
6,604
|
670,900
|
|
Zscaler, Inc.(c)
|
|
3,265
|
456,218
|
|
|
|
|
118,654,546
|
|
Materials-8.77%
|
|||
|
Air Products and Chemicals, Inc.
|
|
6,236
|
1,737,474
|
|
Albemarle Corp.
|
|
11,036
|
1,946,971
|
|
Alcoa Corp.
|
|
27,435
|
2,130,053
|
|
Amcor PLC
|
|
8,644
|
335,560
|
|
AngloGold Ashanti PLC (Australia)
|
|
17,307
|
1,676,010
|
|
AptarGroup, Inc.
|
|
2,705
|
313,374
|
|
Ashland, Inc.
|
|
35,526
|
2,056,955
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Avery Dennison Corp.
|
|
10,595
|
$1,685,347
|
|
Axalta Coating Systems Ltd.(c)
|
|
12,512
|
384,994
|
|
Ball Corp.
|
|
5,645
|
308,612
|
|
Celanese Corp.
|
|
30,353
|
1,612,655
|
|
CF Industries Holdings, Inc.
|
|
13,267
|
1,490,547
|
|
Cleveland-Cliffs, Inc.(c)(d)
|
|
202,855
|
2,758,828
|
|
Corteva, Inc.
|
|
16,266
|
1,273,303
|
|
CRH PLC
|
|
3,490
|
379,677
|
|
Crown Holdings, Inc.
|
|
3,345
|
318,043
|
|
Dow, Inc.
|
|
9,275
|
313,031
|
|
DuPont de Nemours, Inc.
|
|
7,686
|
372,156
|
|
Eagle Materials, Inc.(d)
|
|
1,864
|
412,280
|
|
Eastman Chemical Co.
|
|
25,665
|
1,947,204
|
|
Ecolab, Inc.
|
|
6,542
|
1,674,752
|
|
Element Solutions, Inc.
|
|
60,151
|
2,552,207
|
|
FMC Corp.
|
|
126,283
|
1,725,026
|
|
Freeport-McMoRan, Inc.
|
|
30,586
|
2,009,806
|
|
Graphic Packaging Holding Co.(d)
|
|
35,493
|
399,651
|
|
Huntsman Corp.
|
|
141,344
|
2,169,630
|
|
International Flavors & Fragrances, Inc.
|
|
25,842
|
1,965,284
|
|
International Paper Co.
|
|
50,754
|
1,698,736
|
|
James Hardie Industries PLC(c)(d)
|
|
17,722
|
412,568
|
|
Linde PLC
|
|
3,695
|
1,838,965
|
|
Louisiana-Pacific Corp.
|
|
4,621
|
352,952
|
|
LyondellBasell Industries N.V., Class A
|
|
24,351
|
1,622,994
|
|
Martin Marietta Materials, Inc.
|
|
592
|
344,331
|
|
Mosaic Co. (The)
|
|
57,713
|
1,379,341
|
|
MP Materials Corp.(c)(d)
|
|
30,094
|
1,947,082
|
|
NewMarket Corp.
|
|
3,073
|
2,377,211
|
|
Newmont Corp.
|
|
15,834
|
1,738,732
|
|
Nucor Corp.
|
|
10,920
|
2,730,000
|
|
Olin Corp.
|
|
69,642
|
1,801,639
|
|
Packaging Corp. of America
|
|
1,667
|
364,923
|
|
PPG Industries, Inc.
|
|
3,456
|
390,459
|
|
Reliance, Inc.
|
|
6,045
|
2,301,755
|
|
Royal Gold, Inc.
|
|
6,715
|
1,507,383
|
|
RPM International, Inc.
|
|
3,492
|
370,047
|
|
Scotts Miracle-Gro Co. (The)
|
|
30,323
|
1,789,057
|
|
Sherwin-Williams Co. (The)
|
|
1,097
|
333,312
|
|
Silgan Holdings, Inc.
|
|
8,743
|
328,387
|
|
Smurfit WestRock PLC
|
|
9,003
|
370,473
|
|
Solstice Advanced Materials, Inc.
|
|
25,092
|
2,113,499
|
|
Sonoco Products Co.
|
|
6,607
|
321,629
|
|
Southern Copper Corp. (Mexico)(d)
|
|
10,133
|
1,938,443
|
|
Steel Dynamics, Inc.
|
|
10,320
|
2,684,748
|
|
Vulcan Materials Co.
|
|
1,316
|
372,323
|
|
Westlake Corp.
|
|
15,802
|
1,372,088
|
|
|
|
|
70,752,507
|
|
Real Estate-9.03%
|
|||
|
Agree Realty Corp.
|
|
13,745
|
1,019,192
|
|
Alexandria Real Estate Equities, Inc.
|
|
21,787
|
1,082,378
|
|
American Homes 4 Rent, Class A
|
|
38,105
|
1,222,408
|
|
American Tower Corp.
|
|
6,086
|
1,137,839
|
|
Americold Realty Trust, Inc.
|
|
96,686
|
1,517,003
|
|
AvalonBay Communities, Inc.(d)
|
|
6,399
|
1,167,881
|
|
Brixmor Property Group, Inc.
|
|
36,863
|
1,126,533
|
|
BXP, Inc.
|
|
20,741
|
1,244,667
|
|
Camden Property Trust
|
|
10,735
|
1,143,922
|
|
CBRE Group, Inc., Class A(c)
|
|
8,273
|
1,034,456
|
|
CoStar Group, Inc.(c)
|
|
25,288
|
814,274
|
|
Cousins Properties, Inc.
|
|
47,874
|
1,283,502
|
|
Crown Castle, Inc.
|
|
12,706
|
1,162,599
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
CubeSmart
|
|
28,627
|
$1,145,080
|
|
Digital Realty Trust, Inc.
|
|
6,047
|
1,148,930
|
|
EastGroup Properties, Inc.
|
|
5,798
|
1,170,674
|
|
EPR Properties
|
|
19,591
|
1,117,667
|
|
Equinix, Inc.
|
|
1,124
|
1,200,477
|
|
Equity LifeStyle Properties, Inc.
|
|
16,122
|
995,856
|
|
Equity Residential
|
|
18,098
|
1,184,514
|
|
Essex Property Trust, Inc.(d)
|
|
4,352
|
1,186,529
|
|
Extra Space Storage, Inc.
|
|
7,783
|
1,123,165
|
|
Federal Realty Investment Trust
|
|
10,383
|
1,242,118
|
|
Fermi, Inc.(c)(d)
|
|
135,284
|
944,282
|
|
First Industrial Realty Trust, Inc.
|
|
18,060
|
1,117,372
|
|
Gaming and Leisure Properties, Inc.
|
|
22,634
|
1,063,119
|
|
Healthcare Realty Trust, Inc.
|
|
59,976
|
1,194,722
|
|
Healthpeak Properties, Inc.
|
|
64,398
|
1,233,222
|
|
Highwoods Properties, Inc.(d)
|
|
50,555
|
1,319,485
|
|
Host Hotels & Resorts, Inc.
|
|
58,317
|
1,340,125
|
|
Howard Hughes Holdings, Inc.(c)
|
|
17,654
|
1,118,381
|
|
Invitation Homes, Inc.
|
|
43,432
|
1,270,386
|
|
Iron Mountain, Inc.
|
|
10,171
|
1,304,431
|
|
Jones Lang LaSalle, Inc.(c)
|
|
3,721
|
1,050,476
|
|
Kilroy Realty Corp.(d)
|
|
37,242
|
1,276,283
|
|
Kimco Realty Corp.
|
|
47,537
|
1,144,691
|
|
Lamar Advertising Co., Class A
|
|
8,166
|
1,244,988
|
|
Lineage, Inc.
|
|
29,667
|
1,317,511
|
|
Medical Properties Trust, Inc.(d)
|
|
217,760
|
1,112,754
|
|
Mid-America Apartment Communities, Inc.
|
|
8,549
|
1,103,419
|
|
Millrose Properties, Inc.
|
|
38,202
|
1,078,060
|
|
National Storage Affiliates Trust
|
|
35,236
|
1,502,815
|
|
NNN REIT, Inc.
|
|
24,346
|
1,083,640
|
|
Omega Healthcare Investors, Inc.
|
|
22,614
|
1,057,431
|
|
Park Hotels & Resorts, Inc.(d)
|
|
105,176
|
1,275,785
|
|
Prologis, Inc.
|
|
8,300
|
1,190,801
|
|
Public Storage
|
|
3,675
|
1,116,061
|
|
Rayonier, Inc.(d)
|
|
54,383
|
1,136,061
|
|
Realty Income Corp.
|
|
16,779
|
1,028,217
|
|
Regency Centers Corp.
|
|
14,296
|
1,105,796
|
|
Rexford Industrial Realty, Inc.(d)
|
|
31,387
|
1,113,297
|
|
SBA Communications Corp., Class A
|
|
5,922
|
1,203,114
|
|
Simon Property Group, Inc.
|
|
5,835
|
1,195,650
|
|
STAG Industrial, Inc.(d)
|
|
28,685
|
1,086,301
|
|
Sun Communities, Inc.(d)
|
|
8,108
|
1,002,635
|
|
UDR, Inc.
|
|
30,168
|
1,113,199
|
|
Ventas, Inc.(d)
|
|
12,691
|
1,071,374
|
|
VICI Properties, Inc.
|
|
37,904
|
1,069,651
|
|
Vornado Realty Trust(d)
|
|
41,937
|
1,415,374
|
|
W.P. Carey, Inc.
|
|
15,240
|
1,134,161
|
|
Welltower, Inc.
|
|
5,309
|
1,090,097
|
|
Weyerhaeuser Co.
|
|
47,364
|
1,160,892
|
|
Zillow Group, Inc., Class C(c)
|
|
26,444
|
925,540
|
|
|
|
|
72,783,263
|
|
Utilities-7.68%
|
|||
|
AES Corp. (The)
|
|
112,195
|
1,645,901
|
|
Alliant Energy Corp.(d)
|
|
22,325
|
1,598,693
|
|
Ameren Corp.
|
|
14,547
|
1,570,640
|
|
American Electric Power Co., Inc.
|
|
12,063
|
1,528,020
|
|
American Water Works Co., Inc.
|
|
11,558
|
1,424,755
|
|
Atmos Energy Corp.
|
|
8,559
|
1,447,584
|
|
Brookfield Renewable Corp. (Canada)(d)
|
|
39,237
|
1,568,695
|
|
CenterPoint Energy, Inc.(d)
|
|
36,748
|
1,552,970
|
|
Clearway Energy, Inc., Class C
|
|
42,151
|
1,734,935
|
|
CMS Energy Corp.
|
|
20,774
|
1,507,569
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Consolidated Edison, Inc.
|
|
14,161
|
$1,495,826
|
|
Constellation Energy Corp.
|
|
5,302
|
1,525,650
|
|
Dominion Energy, Inc.
|
|
25,504
|
1,707,238
|
|
DTE Energy Co.
|
|
10,824
|
1,546,425
|
|
Duke Energy Corp.
|
|
12,098
|
1,484,788
|
|
Edison International
|
|
22,476
|
1,571,971
|
|
Entergy Corp.(d)
|
|
15,261
|
1,664,212
|
|
Essential Utilities, Inc.
|
|
38,919
|
1,435,722
|
|
Evergy, Inc.
|
|
19,576
|
1,606,015
|
|
Eversource Energy
|
|
21,880
|
1,493,748
|
|
Exelon Corp.
|
|
32,300
|
1,474,172
|
|
FirstEnergy Corp.
|
|
31,379
|
1,455,672
|
|
IDACORP, Inc.(d)
|
|
11,333
|
1,589,680
|
|
MDU Resources Group, Inc.
|
|
76,663
|
1,616,056
|
|
National Fuel Gas Co.
|
|
17,013
|
1,314,254
|
|
NextEra Energy, Inc.
|
|
17,416
|
1,515,366
|
|
NiSource, Inc.
|
|
34,325
|
1,586,501
|
|
NRG Energy, Inc.
|
|
10,518
|
1,410,253
|
|
OGE Energy Corp.(d)
|
|
33,326
|
1,573,987
|
|
PG&E Corp.
|
|
88,249
|
1,441,989
|
|
Pinnacle West Capital Corp.
|
|
15,746
|
1,570,506
|
|
PPL Corp.
|
|
41,887
|
1,482,381
|
|
Public Service Enterprise Group, Inc.
|
|
19,335
|
1,520,698
|
|
Sempra
|
|
17,198
|
1,532,858
|
|
Southern Co. (The)(d)
|
|
16,336
|
1,503,729
|
|
Talen Energy Corp.(c)
|
|
5,142
|
1,988,926
|
|
UGI Corp.
|
|
43,304
|
1,512,176
|
|
Vistra Corp.
|
|
9,991
|
1,600,858
|
|
WEC Energy Group, Inc.
|
|
13,931
|
1,547,038
|
|
Xcel Energy, Inc.
|
|
19,733
|
1,568,773
|
|
|
|
|
61,917,230
|
|
Total Common Stocks & Other Equity Interests
(Cost $649,779,760)
|
804,739,253
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.10%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(g)
(Cost $801,213)
|
|
801,213
|
$801,213
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.89%
(Cost $650,580,973)
|
805,540,466
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-15.92%
|
|||
|
Invesco Private Government Fund,
3.58%(e)(g)(h)
|
|
35,475,819
|
35,475,819
|
|
Invesco Private Prime Fund, 3.75%(e)(g)(h)
|
|
92,867,146
|
92,885,719
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $128,356,993)
|
128,361,538
|
||
|
TOTAL INVESTMENTS IN SECURITIES-115.81%
(Cost $778,937,966)
|
933,902,004
|
||
|
OTHER ASSETS LESS LIABILITIES-(15.81)%
|
(127,505,689
)
|
||
|
NET ASSETS-100.00%
|
$806,396,315
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Rts.
|
-Rights
|
|
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)
|
Restricted security. The value of this security at May 31, 2026 represented less than 1% of the Fund’s Net Assets.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$614,452
|
$129,646
|
$(294,793
)
|
$125,395
|
$23,017
|
$597,717
|
$12,139
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
-
|
21,386,143
|
(20,584,930
)
|
-
|
-
|
801,213
|
16,502
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
$21,769,093
|
$193,852,959
|
$(180,146,233
)
|
$-
|
$-
|
$35,475,819
|
$797,570
*
|
|
Invesco Private Prime Fund
|
56,997,559
|
373,396,585
|
(337,498,106
)
|
289
|
(10,608
)
|
92,885,719
|
2,161,357
*
|
|
Total
|
$79,381,104
|
$588,765,333
|
$(538,524,062
)
|
$125,684
|
$12,409
|
$129,760,468
|
$2,987,568
|
|
*
|
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)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(g)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(h)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-9.03%
|
|||
|
AT&T, Inc.
|
|
99,674
|
$2,471,915
|
|
Fox Corp., Class A
|
|
2,823
|
180,446
|
|
Netflix, Inc.(b)
|
|
62,500
|
5,376,250
|
|
Verizon Communications, Inc.
|
|
47,363
|
2,264,425
|
|
Walt Disney Co. (The)
|
|
18,561
|
1,890,067
|
|
|
|
|
12,183,103
|
|
Consumer Discretionary-4.33%
|
|||
|
Aptiv PLC(b)
|
|
2,454
|
166,725
|
|
Best Buy Co., Inc.
|
|
2,375
|
185,131
|
|
eBay, Inc.
|
|
6,466
|
706,540
|
|
Expedia Group, Inc.
|
|
1,245
|
281,108
|
|
Ford Motor Co.
|
|
53,167
|
927,232
|
|
General Motors Co.
|
|
11,778
|
980,401
|
|
Ralph Lauren Corp.
|
|
493
|
179,403
|
|
TJX Cos., Inc. (The)
|
|
12,008
|
1,858,238
|
|
Ulta Beauty, Inc.(b)
|
|
476
|
242,213
|
|
Williams-Sonoma, Inc.
|
|
1,523
|
310,037
|
|
|
|
|
5,837,028
|
|
Consumer Staples-5.49%
|
|||
|
Archer-Daniels-Midland Co.
|
|
6,546
|
522,240
|
|
Bunge Global S.A.
|
|
2,170
|
267,561
|
|
Dollar Tree, Inc.(b)
|
|
2,497
|
290,750
|
|
Kroger Co. (The)
|
|
7,633
|
474,391
|
|
Monster Beverage Corp.(b)
|
|
8,859
|
780,301
|
|
Tyson Foods, Inc., Class A
|
|
3,084
|
188,186
|
|
Walmart, Inc.
|
|
42,206
|
4,885,344
|
|
|
|
|
7,408,773
|
|
Energy-5.56%
|
|||
|
Baker Hughes Co., Class A
|
|
11,680
|
746,118
|
|
Chevron Corp.
|
|
21,634
|
3,947,340
|
|
Marathon Petroleum Corp.
|
|
4,133
|
1,028,166
|
|
Phillips 66
|
|
4,489
|
789,525
|
|
Valero Energy Corp.
|
|
4,074
|
997,397
|
|
|
|
|
7,508,546
|
|
Financials-21.78%
|
|||
|
Allstate Corp. (The)
|
|
4,109
|
846,824
|
|
American International Group, Inc.
|
|
5,981
|
443,970
|
|
Ameriprise Financial, Inc.
|
|
1,014
|
451,950
|
|
Arch Capital Group Ltd.(b)
|
|
4,443
|
396,938
|
|
Assurant, Inc.
|
|
588
|
146,336
|
|
Bank of New York Mellon Corp. (The)
|
|
6,981
|
973,361
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
11,815
|
5,605,981
|
|
Chubb Ltd.
|
|
3,665
|
1,142,490
|
|
Cincinnati Financial Corp.
|
|
1,900
|
299,098
|
|
Citigroup, Inc.
|
|
19,158
|
2,411,992
|
|
Citizens Financial Group, Inc.
|
|
4,481
|
278,987
|
|
CME Group, Inc., Class A
|
|
3,966
|
1,084,860
|
|
Globe Life, Inc.
|
|
1,052
|
161,208
|
|
Hartford Insurance Group, Inc. (The)
|
|
3,874
|
492,502
|
|
Invesco Ltd.(c)
|
|
5,205
|
148,134
|
|
Loews Corp.
|
|
2,306
|
238,786
|
|
Mastercard, Inc., Class A
|
|
9,959
|
4,919,547
|
|
Principal Financial Group, Inc.
|
|
2,092
|
216,773
|
|
Progressive Corp. (The)
|
|
6,075
|
1,156,680
|
|
Raymond James Financial, Inc.
|
|
1,716
|
246,091
|
|
Regions Financial Corp.
|
|
8,638
|
241,864
|
|
Synchrony Financial
|
|
4,171
|
297,976
|
|
T. Rowe Price Group, Inc.
|
|
2,403
|
251,186
|
|
Travelers Cos., Inc. (The)
|
|
2,886
|
842,394
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Visa, Inc., Class A
|
|
17,789
|
$5,805,618
|
|
W.R. Berkley Corp.
|
|
4,389
|
278,877
|
|
|
|
|
29,380,423
|
|
Health Care-9.36%
|
|||
|
Cencora, Inc.
|
|
3,314
|
892,659
|
|
Cigna Group (The)
|
|
3,174
|
880,468
|
|
CVS Health Corp.
|
|
16,706
|
1,519,912
|
|
Gilead Sciences, Inc.
|
|
18,496
|
2,486,417
|
|
Humana, Inc.
|
|
1,250
|
381,775
|
|
Incyte Corp.(b)
|
|
2,290
|
221,535
|
|
Johnson & Johnson
|
|
26,614
|
5,996,933
|
|
Solventum Corp.(b)
|
|
1,933
|
144,878
|
|
Universal Health Services, Inc., Class B
|
|
704
|
102,861
|
|
|
|
|
12,627,438
|
|
Industrials-15.61%
|
|||
|
3M Co.
|
|
6,920
|
1,059,660
|
|
C.H. Robinson Worldwide, Inc.
|
|
1,489
|
266,010
|
|
Caterpillar, Inc.
|
|
4,807
|
4,210,307
|
|
Delta Air Lines, Inc.
|
|
7,646
|
630,642
|
|
EMCOR Group, Inc.
|
|
588
|
486,170
|
|
GE Vernova, Inc.
|
|
2,558
|
2,476,962
|
|
General Dynamics Corp.
|
|
2,794
|
969,015
|
|
General Electric Co.
|
|
15,179
|
4,914,353
|
|
Howmet Aerospace, Inc.
|
|
4,699
|
1,213,517
|
|
Huntington Ingalls Industries, Inc.
|
|
430
|
132,513
|
|
Jacobs Solutions, Inc.
|
|
1,446
|
173,318
|
|
Johnson Controls International PLC
|
|
8,320
|
1,115,379
|
|
RTX Corp.
|
|
15,479
|
2,780,957
|
|
Snap-on, Inc.
|
|
528
|
195,999
|
|
United Airlines Holdings, Inc.(b)
|
|
3,854
|
442,439
|
|
|
|
|
21,067,241
|
|
Information Technology-25.79%
|
|||
|
Apple, Inc.
|
|
20,785
|
6,486,167
|
|
AppLovin Corp., Class A(b)
|
|
3,082
|
1,889,543
|
|
Cisco Systems, Inc.
|
|
45,310
|
5,456,230
|
|
Corning, Inc.
|
|
8,338
|
1,510,512
|
|
Fortinet, Inc.(b)
|
|
6,711
|
925,917
|
|
Hewlett Packard Enterprise Co.
|
|
12,982
|
558,745
|
|
Intel Corp.(b)
|
|
47,332
|
5,428,034
|
|
Jabil, Inc.
|
|
1,255
|
457,523
|
|
KLA Corp.
|
|
1,648
|
3,166,978
|
|
Lam Research Corp.
|
|
15,932
|
5,069,244
|
|
NetApp, Inc.
|
|
2,223
|
387,447
|
|
Skyworks Solutions, Inc.
|
|
1,517
|
118,098
|
|
Teledyne Technologies, Inc.(b)
|
|
483
|
299,378
|
|
Trimble, Inc.(b)
|
|
2,653
|
149,656
|
|
Western Digital Corp.
|
|
5,443
|
2,891,376
|
|
|
|
|
34,794,848
|
|
Materials-2.18%
|
|||
|
CF Industries Holdings, Inc.
|
|
2,110
|
237,059
|
|
Corteva, Inc.
|
|
7,217
|
564,947
|
|
DuPont de Nemours, Inc.
|
|
4,532
|
219,439
|
|
Mosaic Co. (The)
|
|
4,623
|
110,490
|
|
Newmont Corp.
|
|
16,520
|
1,814,061
|
|
|
|
|
2,945,996
|
|
Utilities-0.75%
|
|||
|
Evergy, Inc.
|
|
2,723
|
223,395
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Exelon Corp.
|
|
10,820
|
$493,825
|
|
NRG Energy, Inc.
|
|
2,185
|
292,965
|
|
|
|
|
1,010,185
|
|
Total Common Stocks & Other Equity Interests
(Cost $118,500,387)
|
134,763,581
|
||
|
Money Market Funds-0.01%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(c)(d)
(Cost $11,758)
|
|
11,758
|
11,758
|
|
TOTAL INVESTMENTS IN SECURITIES-99.89%
(Cost $118,512,145)
|
134,775,339
|
||
|
OTHER ASSETS LESS LIABILITIES-0.11%
|
150,493
|
||
|
NET ASSETS-100.00%
|
$134,925,832
|
||
|
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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$259,856
|
$121,683
|
$(296,143
)
|
$(15,466
)
|
$78,204
|
$148,134
|
$5,537
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
-
|
2,718,844
|
(2,707,086
)
|
-
|
-
|
11,758
|
1,538
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
1,149,350
|
13,247,588
|
(14,396,938
)
|
-
|
-
|
-
|
7,832
*
|
|
Invesco Private Prime Fund
|
2,965,464
|
16,845,755
|
(19,811,008
)
|
(91
)
|
(120
)
|
-
|
19,601
*
|
|
Total
|
$4,374,670
|
$32,933,870
|
$(37,211,175
)
|
$(15,557
)
|
$78,084
|
$159,892
|
$34,508
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.90%
|
|||
|
Communication Services-0.86%
|
|||
|
Meta Platforms, Inc., Class A
|
|
13,936
|
$8,814,659
|
|
Consumer Discretionary-12.63%
|
|||
|
Amazon.com, Inc.(b)
|
|
29,296
|
7,928,669
|
|
Aptiv PLC(b)
|
|
142,503
|
9,681,654
|
|
Carnival Corp. Ltd.
|
|
442,734
|
12,423,116
|
|
Carvana Co.(b)(c)
|
|
148,619
|
10,849,187
|
|
Deckers Outdoor Corp.(b)
|
|
72,836
|
8,292,379
|
|
DoorDash, Inc., Class A(b)
|
|
45,680
|
7,276,367
|
|
Expedia Group, Inc.
|
|
32,043
|
7,234,989
|
|
lululemon athletica, Inc.(b)
|
|
64,535
|
8,465,701
|
|
Norwegian Cruise Line Holdings Ltd.(b)(c)
|
|
682,204
|
12,511,621
|
|
Ralph Lauren Corp.
|
|
20,853
|
7,588,407
|
|
Royal Caribbean Cruises Ltd.
|
|
31,647
|
9,007,686
|
|
Tapestry, Inc.
|
|
54,325
|
7,902,116
|
|
Tesla, Inc.(b)
|
|
27,731
|
12,084,892
|
|
Williams-Sonoma, Inc.
|
|
42,342
|
8,619,561
|
|
|
|
|
129,866,345
|
|
Consumer Staples-0.92%
|
|||
|
Estee Lauder Cos., Inc. (The), Class A
|
|
105,915
|
9,421,139
|
|
Financials-15.03%
|
|||
|
Apollo Global Management, Inc.(c)
|
|
58,862
|
7,576,128
|
|
Ares Management Corp., Class A
|
|
70,127
|
9,011,318
|
|
Blackstone, Inc., Class A
|
|
65,211
|
7,627,731
|
|
Block, Inc., Class A(b)
|
|
143,783
|
10,887,249
|
|
Capital One Financial Corp.
|
|
43,702
|
8,212,917
|
|
Citigroup, Inc.
|
|
62,710
|
7,895,189
|
|
Coinbase Global, Inc., Class A(b)(c)
|
|
86,056
|
16,267,166
|
|
Global Payments, Inc.
|
|
104,664
|
7,903,179
|
|
Goldman Sachs Group, Inc. (The)
|
|
8,354
|
8,567,528
|
|
Interactive Brokers Group, Inc., Class A
|
|
119,567
|
10,398,742
|
|
Invesco Ltd.(d)
|
|
325,143
|
9,253,570
|
|
KKR & Co., Inc., Class A
|
|
89,935
|
8,628,364
|
|
Morgan Stanley
|
|
37,524
|
7,804,992
|
|
PayPal Holdings, Inc.
|
|
159,335
|
7,130,241
|
|
Robinhood Markets, Inc., Class A(b)
|
|
207,912
|
19,606,101
|
|
Synchrony Financial
|
|
108,079
|
7,721,164
|
|
|
|
|
154,491,579
|
|
Health Care-4.90%
|
|||
|
Align Technology, Inc.(b)
|
|
51,335
|
8,981,058
|
|
Bio-Techne Corp.(c)
|
|
157,075
|
8,117,636
|
|
Charles River Laboratories International,
Inc.(b)
|
|
44,652
|
8,069,063
|
|
IDEXX Laboratories, Inc.(b)
|
|
12,517
|
7,053,705
|
|
Moderna, Inc.(b)(c)
|
|
198,735
|
9,378,305
|
|
Revvity, Inc.(c)
|
|
83,691
|
8,749,894
|
|
|
|
|
50,349,661
|
|
Industrials-14.03%
|
|||
|
Builders FirstSource, Inc.(b)
|
|
107,048
|
8,163,480
|
|
Caterpillar, Inc.
|
|
8,962
|
7,849,547
|
|
Comfort Systems USA, Inc.
|
|
5,850
|
10,695,029
|
|
Cummins, Inc.
|
|
11,791
|
7,624,414
|
|
Delta Air Lines, Inc.
|
|
139,937
|
11,542,004
|
|
Eaton Corp. PLC
|
|
18,040
|
7,226,824
|
|
EMCOR Group, Inc.
|
|
9,302
|
7,691,080
|
|
Emerson Electric Co.
|
|
54,166
|
7,790,154
|
|
GE Vernova, Inc.
|
|
8,533
|
8,262,675
|
|
Generac Holdings, Inc.(b)
|
|
33,384
|
9,277,747
|
|
Ingersoll Rand, Inc.
|
|
99,505
|
7,128,538
|
|
Old Dominion Freight Line, Inc.
|
|
36,090
|
8,125,664
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Southwest Airlines Co.
|
|
186,797
|
$8,022,931
|
|
Stanley Black & Decker, Inc.
|
|
118,626
|
9,421,277
|
|
United Airlines Holdings, Inc.(b)
|
|
121,295
|
13,924,666
|
|
Vertiv Holdings Co., Class A
|
|
36,210
|
11,431,859
|
|
|
|
|
144,177,889
|
|
Information Technology-46.73%
|
|||
|
Advanced Micro Devices, Inc.(b)
|
|
29,289
|
15,116,053
|
|
Amphenol Corp., Class A
|
|
63,522
|
9,449,533
|
|
Analog Devices, Inc.
|
|
18,508
|
7,659,536
|
|
Applied Materials, Inc.
|
|
26,677
|
12,006,251
|
|
AppLovin Corp., Class A(b)
|
|
28,034
|
17,187,365
|
|
Arista Networks, Inc.(b)
|
|
79,249
|
12,637,838
|
|
Broadcom, Inc.
|
|
24,800
|
11,079,896
|
|
Cadence Design Systems, Inc.(b)
|
|
22,657
|
8,494,789
|
|
Ciena Corp.(b)
|
|
22,904
|
13,289,588
|
|
Coherent Corp.(b)
|
|
42,704
|
15,436,215
|
|
Corning, Inc.
|
|
56,035
|
10,151,301
|
|
Datadog, Inc., Class A(b)
|
|
52,165
|
12,903,013
|
|
Dell Technologies, Inc., Class C
|
|
37,493
|
15,781,179
|
|
First Solar, Inc.(b)
|
|
34,241
|
10,504,796
|
|
Hewlett Packard Enterprise Co.
|
|
289,051
|
12,440,755
|
|
Intel Corp.(b)
|
|
100,326
|
11,505,386
|
|
Jabil, Inc.
|
|
24,972
|
9,103,792
|
|
Keysight Technologies, Inc.(b)
|
|
24,762
|
8,377,727
|
|
KLA Corp.
|
|
6,466
|
12,425,777
|
|
Lam Research Corp.
|
|
45,933
|
14,614,962
|
|
Lumentum Holdings, Inc.(b)
|
|
14,965
|
12,794,476
|
|
Microchip Technology, Inc.
|
|
87,843
|
8,314,340
|
|
Micron Technology, Inc.
|
|
19,868
|
19,291,828
|
|
Monolithic Power Systems, Inc.
|
|
7,459
|
11,682,360
|
|
NVIDIA Corp.
|
|
44,787
|
9,456,327
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
28,945
|
9,301,476
|
|
ON Semiconductor Corp.(b)
|
|
99,871
|
12,046,440
|
|
Oracle Corp.
|
|
44,878
|
10,132,555
|
|
Palantir Technologies, Inc., Class A(b)
|
|
76,428
|
11,964,039
|
|
QUALCOMM, Inc.
|
|
42,092
|
10,565,934
|
|
Sandisk Corp.(b)
|
|
13,062
|
22,139,829
|
|
Seagate Technology Holdings PLC
|
|
13,713
|
12,064,697
|
|
Skyworks Solutions, Inc.
|
|
113,232
|
8,815,111
|
|
Super Micro Computer, Inc.(b)(c)
|
|
428,352
|
19,742,744
|
|
Synopsys, Inc.(b)
|
|
19,098
|
9,083,391
|
|
TE Connectivity PLC (Switzerland)
|
|
39,013
|
8,325,764
|
|
Teradyne, Inc.
|
|
36,352
|
13,606,917
|
|
Trimble, Inc.(b)
|
|
122,410
|
6,905,148
|
|
Western Digital Corp.
|
|
25,221
|
13,397,647
|
|
Zebra Technologies Corp., Class A(b)
|
|
43,137
|
10,509,467
|
|
|
|
|
480,306,242
|
|
Materials-2.41%
|
|||
|
Albemarle Corp.
|
|
43,349
|
7,647,630
|
|
CRH PLC
|
|
62,967
|
6,850,180
|
|
Freeport-McMoRan, Inc.
|
|
156,591
|
10,289,595
|
|
|
|
|
24,787,405
|
|
Utilities-2.39%
|
|||
|
Constellation Energy Corp.
|
|
24,280
|
6,986,570
|
|
NRG Energy, Inc.
|
|
66,382
|
8,900,499
|
|
Vistra Corp.
|
|
54,006
|
8,653,381
|
|
|
|
|
24,540,450
|
|
Total Common Stocks & Other Equity Interests
(Cost $917,001,225)
|
1,026,755,369
|
||
|
|
Shares
|
Value
|
|
|
Money Market Funds-0.07%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(d)(e)
(Cost $680,795)
|
|
680,795
|
$680,795
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.97%
(Cost $917,682,020)
|
1,027,436,164
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-6.47%
|
|||
|
Invesco Private Government Fund,
3.58%(d)(e)(f)
|
|
18,499,904
|
18,499,904
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.75%(d)(e)(f)
|
|
48,043,948
|
$48,053,557
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $66,553,461)
|
66,553,461
|
||
|
TOTAL INVESTMENTS IN SECURITIES-106.44%
(Cost $984,235,481)
|
1,093,989,625
|
||
|
OTHER ASSETS LESS LIABILITIES-(6.44)%
|
(66,217,311
)
|
||
|
NET ASSETS-100.00%
|
$1,027,772,314
|
||
|
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 May 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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$4,168,622
|
$11,199,366
|
$(7,546,139
)
|
$657,541
|
$774,180
|
$9,253,570
|
$173,881
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
-
|
5,544,949
|
(4,864,154
)
|
-
|
-
|
680,795
|
11,023
|
|
Investments Purchased
with Cash Collateral
from Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
8,351,474
|
148,290,548
|
(138,142,118
)
|
-
|
-
|
18,499,904
|
185,909
*
|
|
Invesco Private Prime
Fund
|
23,478,915
|
310,914,503
|
(286,337,443
)
|
(1,110
)
|
(1,308
)
|
48,053,557
|
511,501
*
|
|
Total
|
$35,999,011
|
$475,949,366
|
$(436,889,854
)
|
$656,431
|
$772,872
|
$76,487,826
|
$882,314
|
|
*
|
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 May 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-3.07%
|
|||
|
Omnicom Group, Inc.
|
|
2,011
|
$146,220
|
|
Verizon Communications, Inc.
|
|
4,041
|
193,200
|
|
|
|
|
339,420
|
|
Consumer Discretionary-2.18%
|
|||
|
D.R. Horton, Inc.
|
|
333
|
48,981
|
|
Domino’s Pizza, Inc.
|
|
201
|
62,427
|
|
Garmin Ltd.
|
|
280
|
65,498
|
|
Williams-Sonoma, Inc.
|
|
313
|
63,717
|
|
|
|
|
240,623
|
|
Consumer Staples-14.34%
|
|||
|
Altria Group, Inc.
|
|
3,386
|
235,598
|
|
Brown-Forman Corp., Class B(b)
|
|
4,731
|
121,681
|
|
Conagra Brands, Inc.
|
|
20,687
|
274,723
|
|
Keurig Dr Pepper, Inc.
|
|
5,082
|
152,613
|
|
Kroger Co. (The)
|
|
1,014
|
63,020
|
|
McCormick & Co., Inc.
|
|
2,674
|
126,668
|
|
Mondelez International, Inc., Class A
|
|
2,171
|
132,800
|
|
PepsiCo, Inc.
|
|
842
|
121,408
|
|
Philip Morris International, Inc. (Switzerland)
|
|
786
|
139,421
|
|
Procter & Gamble Co. (The)
|
|
743
|
106,665
|
|
Sysco Corp.
|
|
1,457
|
110,455
|
|
|
|
|
1,585,052
|
|
Energy-7.45%
|
|||
|
Baker Hughes Co., Class A
|
|
905
|
57,811
|
|
Chevron Corp.
|
|
615
|
112,213
|
|
ConocoPhillips
|
|
716
|
81,610
|
|
Devon Energy Corp.
|
|
1,809
|
80,482
|
|
Diamondback Energy, Inc.
|
|
400
|
76,592
|
|
EOG Resources, Inc.
|
|
731
|
97,501
|
|
Marathon Petroleum Corp.
|
|
250
|
62,192
|
|
ONEOK, Inc.
|
|
1,882
|
157,975
|
|
Williams Cos., Inc. (The)
|
|
1,368
|
97,662
|
|
|
|
|
824,038
|
|
Financials-27.43%
|
|||
|
Aflac, Inc.
|
|
687
|
77,233
|
|
American Express Co.
|
|
142
|
44,939
|
|
American International Group, Inc.
|
|
1,127
|
83,657
|
|
Ares Management Corp., Class A
|
|
1,617
|
207,784
|
|
Bank of America Corp.
|
|
1,599
|
82,508
|
|
Bank of New York Mellon Corp. (The)
|
|
505
|
70,412
|
|
BlackRock, Inc.
|
|
82
|
85,844
|
|
Capital One Financial Corp.
|
|
312
|
58,634
|
|
Charles Schwab Corp. (The)
|
|
494
|
43,151
|
|
Cincinnati Financial Corp.
|
|
509
|
80,127
|
|
Citizens Financial Group, Inc.
|
|
1,700
|
105,842
|
|
Everest Group Ltd.
|
|
283
|
91,700
|
|
Fifth Third Bancorp
|
|
2,435
|
121,580
|
|
Franklin Resources, Inc.
|
|
7,807
|
242,173
|
|
Goldman Sachs Group, Inc. (The)
|
|
82
|
84,096
|
|
Hartford Insurance Group, Inc. (The)
|
|
474
|
60,260
|
|
Huntington Bancshares, Inc.
|
|
8,562
|
140,074
|
|
JPMorgan Chase & Co.
|
|
242
|
72,433
|
|
KeyCorp
|
|
6,899
|
147,156
|
|
M&T Bank Corp.
|
|
476
|
102,868
|
|
Marsh & McLennan Cos., Inc.
|
|
444
|
71,027
|
|
Morgan Stanley
|
|
500
|
104,000
|
|
Northern Trust Corp.
|
|
565
|
93,479
|
|
Principal Financial Group, Inc.
|
|
1,364
|
141,338
|
|
Prudential Financial, Inc.
|
|
2,048
|
206,111
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Regions Financial Corp.
|
|
5,272
|
$147,616
|
|
State Street Corp.
|
|
685
|
106,613
|
|
Truist Financial Corp.
|
|
3,324
|
160,250
|
|
|
|
|
3,032,905
|
|
Health Care-5.18%
|
|||
|
Abbott Laboratories
|
|
863
|
73,873
|
|
AbbVie, Inc.
|
|
540
|
117,569
|
|
Amgen, Inc.
|
|
290
|
97,669
|
|
Merck & Co., Inc.
|
|
804
|
95,451
|
|
UnitedHealth Group, Inc.
|
|
383
|
145,659
|
|
Zoetis, Inc.
|
|
551
|
42,807
|
|
|
|
|
573,028
|
|
Industrials-7.81%
|
|||
|
Automatic Data Processing, Inc.
|
|
597
|
132,438
|
|
Broadridge Financial Solutions, Inc.
|
|
536
|
82,394
|
|
Fastenal Co.
|
|
1,500
|
66,300
|
|
FedEx Corp.
|
|
161
|
66,292
|
|
General Electric Co.
|
|
79
|
25,577
|
|
Illinois Tool Works, Inc.
|
|
333
|
82,344
|
|
Otis Worldwide Corp.
|
|
1,027
|
72,753
|
|
Paychex, Inc.
|
|
1,951
|
189,208
|
|
Snap-on, Inc.
|
|
255
|
94,658
|
|
Waste Management, Inc.
|
|
245
|
51,808
|
|
|
|
|
863,772
|
|
Information Technology-6.66%
|
|||
|
Accenture PLC, Class A
|
|
625
|
116,919
|
|
Amphenol Corp., Class A
|
|
220
|
32,727
|
|
Analog Devices, Inc.
|
|
140
|
57,939
|
|
Hewlett Packard Enterprise Co.
|
|
3,482
|
149,865
|
|
HP, Inc.
|
|
11,510
|
311,231
|
|
Intuit, Inc.
|
|
108
|
35,805
|
|
Monolithic Power Systems, Inc.
|
|
20
|
31,324
|
|
|
|
|
735,810
|
|
Materials-0.66%
|
|||
|
Avery Dennison Corp.
|
|
458
|
72,854
|
|
Real Estate-12.00%
|
|||
|
American Tower Corp.
|
|
820
|
153,307
|
|
Equinix, Inc.
|
|
71
|
75,831
|
|
Invitation Homes, Inc.
|
|
6,726
|
196,735
|
|
Iron Mountain, Inc.
|
|
1,119
|
143,512
|
|
Kimco Realty Corp.
|
|
7,125
|
171,570
|
|
Prologis, Inc.
|
|
813
|
116,641
|
|
Regency Centers Corp.
|
|
1,790
|
138,456
|
|
SBA Communications Corp., Class A
|
|
466
|
94,673
|
|
VICI Properties, Inc.
|
|
8,371
|
236,230
|
|
|
|
|
1,326,955
|
|
Utilities-13.10%
|
|||
|
AES Corp. (The)
|
|
12,423
|
182,245
|
|
Alliant Energy Corp.(b)
|
|
1,421
|
101,758
|
|
American Water Works Co., Inc.
|
|
658
|
81,112
|
|
Atmos Energy Corp.
|
|
405
|
68,498
|
|
CMS Energy Corp.
|
|
1,297
|
94,123
|
|
Edison International
|
|
2,225
|
155,617
|
|
Evergy, Inc.
|
|
1,431
|
117,399
|
|
Eversource Energy
|
|
2,261
|
154,358
|
|
NextEra Energy, Inc.
|
|
997
|
86,749
|
|
NiSource, Inc.
|
|
1,891
|
87,402
|
|
Public Service Enterprise Group, Inc.
|
|
1,382
|
108,694
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
WEC Energy Group, Inc.
|
|
978
|
$108,607
|
|
Xcel Energy, Inc.
|
|
1,275
|
101,363
|
|
|
|
|
1,447,925
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.88%
(Cost $10,240,067)
|
11,042,382
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.70%
|
|||
|
Invesco Private Government Fund, 3.58%(c)(d)(e)
|
|
52,202
|
52,202
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.75%(c)(d)(e)
|
|
135,569
|
$135,596
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $187,798)
|
187,798
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.58%
(Cost $10,427,865)
|
11,230,180
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.58)%
|
(174,947
)
|
||
|
NET ASSETS-100.00%
|
$11,055,233
|
||
|
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 May 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$-
|
$254,531
|
$(254,531
)
|
$-
|
$-
|
$-
|
$203
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
58,685
|
1,129,119
|
(1,135,602
)
|
-
|
-
|
52,202
|
1,256
*
|
|
Invesco Private Prime Fund
|
152,761
|
2,369,491
|
(2,386,611
)
|
(11
)
|
(34
)
|
135,596
|
3,401
*
|
|
Total
|
$211,446
|
$3,753,141
|
$(3,776,744
)
|
$(11
)
|
$(34
)
|
$187,798
|
$4,860
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.45%
|
|||
|
Communication Services-8.49%
|
|||
|
AT&T, Inc.
|
|
2,616,914
|
$64,899,467
|
|
Comcast Corp., Class A
|
|
2,072,149
|
51,534,346
|
|
Omnicom Group, Inc.
|
|
628,881
|
45,725,938
|
|
Verizon Communications, Inc.
|
|
2,344,476
|
112,089,398
|
|
|
|
|
274,249,149
|
|
Consumer Discretionary-1.03%
|
|||
|
Genuine Parts Co.
|
|
338,462
|
33,406,199
|
|
Consumer Staples-18.15%
|
|||
|
Altria Group, Inc.
|
|
1,593,341
|
110,864,667
|
|
Campbell’s Co. (The)(b)
|
|
2,940,425
|
62,072,372
|
|
Clorox Co. (The)
|
|
607,622
|
54,698,132
|
|
Conagra Brands, Inc.
|
|
5,623,723
|
74,683,041
|
|
General Mills, Inc.(b)
|
|
1,628,894
|
55,072,906
|
|
Hormel Foods Corp.(b)
|
|
2,757,508
|
64,056,911
|
|
Kimberly-Clark Corp.
|
|
687,233
|
67,073,941
|
|
Kraft Heinz Co. (The)
|
|
4,052,775
|
97,307,128
|
|
|
|
|
585,829,098
|
|
Energy-11.82%
|
|||
|
Chevron Corp.
|
|
370,322
|
67,568,952
|
|
EOG Resources, Inc.
|
|
478,400
|
63,808,992
|
|
Exxon Mobil Corp.
|
|
342,400
|
49,737,024
|
|
Kinder Morgan, Inc.
|
|
2,040,128
|
63,407,178
|
|
ONEOK, Inc.
|
|
1,017,227
|
85,386,034
|
|
Williams Cos., Inc. (The)
|
|
724,932
|
51,752,896
|
|
|
|
|
381,661,076
|
|
Financials-16.04%
|
|||
|
Fifth Third Bancorp
|
|
856,253
|
42,752,712
|
|
Franklin Resources, Inc.(b)
|
|
2,917,108
|
90,488,690
|
|
Huntington Bancshares, Inc.
|
|
2,619,319
|
42,852,059
|
|
Principal Financial Group, Inc.
|
|
527,568
|
54,666,596
|
|
Prudential Financial, Inc.
|
|
601,345
|
60,519,361
|
|
Regions Financial Corp.
|
|
1,824,975
|
51,099,300
|
|
T. Rowe Price Group, Inc.(b)
|
|
643,322
|
67,246,449
|
|
Truist Financial Corp.
|
|
1,163,192
|
56,077,486
|
|
U.S. Bancorp
|
|
948,654
|
52,033,672
|
|
|
|
|
517,736,325
|
|
Health Care-5.04%
|
|||
|
Bristol-Myers Squibb Co.
|
|
1,165,462
|
66,641,117
|
|
Pfizer, Inc.
|
|
3,671,076
|
96,108,770
|
|
|
|
|
162,749,887
|
|
Industrials-1.45%
|
|||
|
Paychex, Inc.
|
|
483,025
|
46,843,765
|
|
Materials-2.40%
|
|||
|
Amcor PLC
|
|
1,994,742
|
77,435,884
|
|
Real Estate-21.20%
|
|||
|
BXP, Inc.
|
|
1,039,419
|
62,375,534
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Crown Castle, Inc.(b)
|
|
844,358
|
$77,258,757
|
|
Extra Space Storage, Inc.
|
|
470,860
|
67,949,807
|
|
Healthpeak Properties, Inc.
|
|
5,433,526
|
104,052,023
|
|
Kimco Realty Corp.
|
|
3,278,032
|
78,935,011
|
|
Public Storage(b)
|
|
220,402
|
66,933,883
|
|
Realty Income Corp.
|
|
1,273,510
|
78,040,693
|
|
UDR, Inc.
|
|
1,708,178
|
63,031,768
|
|
VICI Properties, Inc.
|
|
3,044,928
|
85,927,868
|
|
|
|
|
684,505,344
|
|
Utilities-13.83%
|
|||
|
Dominion Energy, Inc.
|
|
1,029,160
|
68,891,970
|
|
DTE Energy Co.
|
|
345,098
|
49,304,151
|
|
Duke Energy Corp.
|
|
415,145
|
50,950,746
|
|
Evergy, Inc.
|
|
666,026
|
54,640,773
|
|
Eversource Energy
|
|
862,032
|
58,850,925
|
|
Exelon Corp.
|
|
1,122,089
|
51,212,142
|
|
FirstEnergy Corp.
|
|
1,142,258
|
52,989,349
|
|
Pinnacle West Capital Corp.(b)
|
|
596,929
|
59,537,698
|
|
|
|
|
446,377,754
|
|
Total Common Stocks & Other Equity Interests
(Cost $3,247,868,647)
|
3,210,794,481
|
||
|
Money Market Funds-0.24%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(c)(d)
(Cost $7,620,920)
|
|
7,620,920
|
7,620,920
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.69%
(Cost $3,255,489,567)
|
3,218,415,401
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-5.05%
|
|||
|
Invesco Private Government Fund,
3.58%(c)(d)(e)
|
|
44,278,621
|
44,278,621
|
|
Invesco Private Prime Fund, 3.75%(c)(d)(e)
|
|
118,766,597
|
118,790,350
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $163,067,466)
|
163,068,971
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.74%
(Cost $3,418,557,033)
|
3,381,484,372
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.74)%
|
(153,024,535
)
|
||
|
NET ASSETS-100.00%
|
$3,228,459,837
|
||
|
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 May 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$-
|
$106,654,842
|
$(99,033,922
)
|
$-
|
$-
|
$7,620,920
|
$101,127
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
33,405,144
|
737,432,233
|
(726,558,756
)
|
-
|
-
|
44,278,621
|
1,301,627
*
|
|
Invesco Private Prime
Fund
|
86,880,541
|
1,532,850,236
|
(1,500,940,555
)
|
(3,510
)
|
3,638
|
118,790,350
|
3,549,060
*
|
|
Total
|
$120,285,685
|
$2,376,937,311
|
$(2,326,533,233
)
|
$(3,510
)
|
$3,638
|
$170,689,891
|
$4,951,814
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
Open Futures Contracts
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
Equity Risk
|
|
|
|
|
|
|
CME E-Mini Consumer Staples Select Sector Futures
|
60
|
June-2026
|
$5,019,000
|
$57,345
|
$57,345
|
|
CME E-Mini Energy Select Sector Futures
|
20
|
June-2026
|
2,361,800
|
(233,655
)
|
(233,655
)
|
|
CME E-Mini Healthcare Select Sector Futures
|
8
|
June-2026
|
1,208,800
|
18,742
|
18,742
|
|
E-Mini S&P Real Estate Select Sector Stock Index Futures
|
130
|
June-2026
|
6,998,875
|
494,308
|
494,308
|
|
Total Futures Contracts
|
$336,740
|
$336,740
|
|||
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.67%
|
|||
|
Communication Services-0.85%
|
|||
|
AT&T, Inc.
|
|
2,373,508
|
$58,862,998
|
|
Consumer Discretionary-3.96%
|
|||
|
McDonald’s Corp.
|
|
288,099
|
80,437,241
|
|
O’Reilly Automotive, Inc.(b)
|
|
634,648
|
55,138,218
|
|
TJX Cos., Inc. (The)
|
|
506,449
|
78,372,983
|
|
Yum! Brands, Inc.
|
|
403,163
|
59,647,966
|
|
|
|
|
273,596,408
|
|
Consumer Staples-9.42%
|
|||
|
Altria Group, Inc.
|
|
852,361
|
59,307,279
|
|
Church & Dwight Co., Inc.
|
|
640,554
|
61,256,179
|
|
Coca-Cola Co. (The)
|
|
1,030,610
|
81,428,496
|
|
Colgate-Palmolive Co.
|
|
737,713
|
66,490,073
|
|
Costco Wholesale Corp.
|
|
73,457
|
70,248,398
|
|
Mondelez International, Inc., Class A
|
|
957,112
|
58,546,541
|
|
Monster Beverage Corp.(b)
|
|
771,465
|
67,950,637
|
|
PepsiCo, Inc.
|
|
402,226
|
57,996,967
|
|
Procter & Gamble Co. (The)
|
|
513,057
|
73,654,463
|
|
Walmart, Inc.
|
|
467,076
|
54,064,047
|
|
|
|
|
650,943,080
|
|
Energy-2.66%
|
|||
|
Chevron Corp.
|
|
334,056
|
60,951,858
|
|
Kinder Morgan, Inc.
|
|
2,090,555
|
64,974,449
|
|
Williams Cos., Inc. (The)
|
|
805,149
|
57,479,587
|
|
|
|
|
183,405,894
|
|
Financials-21.04%
|
|||
|
Aflac, Inc.
|
|
672,998
|
75,658,435
|
|
Arch Capital Group Ltd.(b)
|
|
654,537
|
58,476,336
|
|
Bank of America Corp.
|
|
1,159,233
|
59,816,423
|
|
Bank of New York Mellon Corp. (The)
|
|
508,697
|
70,927,623
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
186,064
|
88,283,647
|
|
Cboe Global Markets, Inc.
|
|
177,408
|
59,176,212
|
|
Chubb Ltd.
|
|
234,538
|
73,112,531
|
|
Cincinnati Financial Corp.(c)
|
|
419,794
|
66,083,971
|
|
CME Group, Inc., Class A
|
|
237,839
|
65,058,480
|
|
Globe Life, Inc.
|
|
412,032
|
63,139,784
|
|
Hartford Insurance Group, Inc. (The)
|
|
539,777
|
68,621,850
|
|
Intercontinental Exchange, Inc.
|
|
408,287
|
60,365,233
|
|
JPMorgan Chase & Co.
|
|
201,504
|
60,312,162
|
|
Loews Corp.
|
|
860,567
|
89,111,713
|
|
M&T Bank Corp.
|
|
275,883
|
59,621,075
|
|
Mastercard, Inc., Class A
|
|
124,439
|
61,470,377
|
|
PNC Financial Services Group, Inc. (The)
|
|
273,815
|
60,545,973
|
|
Principal Financial Group, Inc.
|
|
587,651
|
60,892,397
|
|
Travelers Cos., Inc. (The)
|
|
238,125
|
69,506,306
|
|
U.S. Bancorp
|
|
1,072,798
|
58,842,970
|
|
Visa, Inc., Class A
|
|
190,358
|
62,125,237
|
|
W.R. Berkley Corp.(c)
|
|
981,547
|
62,367,496
|
|
|
|
|
1,453,516,231
|
|
Health Care-3.90%
|
|||
|
Johnson & Johnson
|
|
353,364
|
79,623,510
|
|
Medtronic PLC
|
|
869,543
|
64,180,969
|
|
ResMed, Inc.(c)
|
|
293,671
|
55,964,882
|
|
Stryker Corp.
|
|
228,433
|
69,692,624
|
|
|
|
|
269,461,985
|
|
Industrials-12.16%
|
|||
|
AMETEK, Inc.
|
|
255,730
|
57,756,621
|
|
Automatic Data Processing, Inc.
|
|
287,011
|
63,670,520
|
|
Cintas Corp.
|
|
423,680
|
72,559,437
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
General Dynamics Corp.
|
|
183,082
|
$63,496,499
|
|
Honeywell International, Inc.
|
|
285,465
|
67,900,705
|
|
Illinois Tool Works, Inc.
|
|
249,762
|
61,761,147
|
|
Nordson Corp.
|
|
209,913
|
60,314,302
|
|
Norfolk Southern Corp.
|
|
209,737
|
63,961,396
|
|
Republic Services, Inc.
|
|
376,477
|
75,461,050
|
|
Snap-on, Inc.
|
|
166,371
|
61,758,579
|
|
Union Pacific Corp.
|
|
230,847
|
60,629,656
|
|
Veralto Corp.
|
|
747,951
|
61,504,011
|
|
Waste Management, Inc.
|
|
327,640
|
69,282,754
|
|
|
|
|
840,056,677
|
|
Information Technology-0.84%
|
|||
|
Motorola Solutions, Inc.
|
|
144,021
|
58,080,789
|
|
Materials-2.11%
|
|||
|
Ecolab, Inc.
|
|
255,387
|
65,379,072
|
|
Linde PLC
|
|
161,813
|
80,532,712
|
|
|
|
|
145,911,784
|
|
Real Estate-17.73%
|
|||
|
AvalonBay Communities, Inc.
|
|
351,083
|
64,076,158
|
|
Camden Property Trust(c)
|
|
638,599
|
68,049,109
|
|
Digital Realty Trust, Inc.
|
|
308,284
|
58,573,960
|
|
Equity Residential
|
|
980,600
|
64,180,270
|
|
Essex Property Trust, Inc.(c)
|
|
230,770
|
62,917,133
|
|
Federal Realty Investment Trust(c)
|
|
628,469
|
75,183,747
|
|
Invitation Homes, Inc.
|
|
2,225,108
|
65,084,409
|
|
Kimco Realty Corp.
|
|
2,945,356
|
70,924,173
|
|
Mid-America Apartment Communities,
Inc.
|
|
529,059
|
68,285,645
|
|
Prologis, Inc.
|
|
429,324
|
61,595,114
|
|
Public Storage
|
|
192,402
|
58,430,563
|
|
Realty Income Corp.
|
|
1,345,139
|
82,430,118
|
|
Regency Centers Corp.
|
|
1,054,005
|
81,527,287
|
|
Simon Property Group, Inc.
|
|
326,254
|
66,852,707
|
|
UDR, Inc.(c)
|
|
1,770,318
|
65,324,734
|
|
Ventas, Inc.(c)
|
|
807,394
|
68,160,202
|
|
VICI Properties, Inc.
|
|
2,888,828
|
81,522,726
|
|
Welltower, Inc.
|
|
299,069
|
61,407,838
|
|
|
|
|
1,224,525,893
|
|
Utilities-25.00%
|
|||
|
Alliant Energy Corp.(c)
|
|
1,184,889
|
84,849,901
|
|
Ameren Corp.
|
|
793,554
|
85,680,025
|
|
American Electric Power Co., Inc.
|
|
573,377
|
72,629,665
|
|
Atmos Energy Corp.
|
|
464,808
|
78,612,977
|
|
CenterPoint Energy, Inc.(c)
|
|
2,006,370
|
84,789,196
|
|
CMS Energy Corp.(c)
|
|
1,124,610
|
81,612,948
|
|
Consolidated Edison, Inc.
|
|
709,029
|
74,894,733
|
|
Dominion Energy, Inc.
|
|
1,168,275
|
78,204,329
|
|
DTE Energy Co.
|
|
589,919
|
84,281,728
|
|
Duke Energy Corp.
|
|
700,958
|
86,028,575
|
|
Entergy Corp.(c)
|
|
616,696
|
67,250,699
|
|
Evergy, Inc.
|
|
1,023,283
|
83,950,137
|
|
Exelon Corp.
|
|
1,611,051
|
73,528,368
|
|
FirstEnergy Corp.(c)
|
|
1,989,405
|
92,288,498
|
|
NiSource, Inc.
|
|
1,540,016
|
71,179,540
|
|
Pinnacle West Capital Corp.(c)
|
|
825,475
|
82,332,876
|
|
PPL Corp.
|
|
2,140,436
|
75,750,030
|
|
Public Service Enterprise Group, Inc.
|
|
886,500
|
69,723,225
|
|
Sempra
|
|
733,611
|
65,386,748
|
|
Southern Co. (The)
|
|
869,237
|
80,013,266
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
WEC Energy Group, Inc.(c)
|
|
769,328
|
$85,433,874
|
|
Xcel Energy, Inc.(c)
|
|
862,506
|
68,569,227
|
|
|
|
|
1,726,990,565
|
|
Total Common Stocks & Other Equity Interests
(Cost $6,773,015,738)
|
6,885,352,304
|
||
|
Money Market Funds-0.15%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(d)(e)
(Cost $10,192,779)
|
|
10,192,779
|
10,192,779
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.82%
(Cost $6,783,208,517)
|
6,895,545,083
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-2.98%
|
|||
|
Invesco Private Government Fund,
3.58%(d)(e)(f)
|
|
57,315,237
|
$57,315,237
|
|
Invesco Private Prime Fund, 3.75%(d)(e)(f)
|
|
148,628,732
|
148,658,458
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $205,973,603)
|
205,973,695
|
||
|
TOTAL INVESTMENTS IN SECURITIES-102.80%
(Cost $6,989,182,120)
|
7,101,518,778
|
||
|
OTHER ASSETS LESS LIABILITIES-(2.80)%
|
(193,473,651
)
|
||
|
NET ASSETS-100.00%
|
$6,908,045,127
|
||
|
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 May 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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$-
|
$153,644,960
|
$(143,452,181
)
|
$-
|
$-
|
$10,192,779
|
$188,211
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
85,881,090
|
592,007,091
|
(620,572,944
)
|
-
|
-
|
57,315,237
|
1,187,131
*
|
|
Invesco Private Prime
Fund
|
223,435,518
|
1,401,088,962
|
(1,475,850,934
)
|
(19,293
)
|
4,205
|
148,658,458
|
3,235,303
*
|
|
Total
|
$309,316,608
|
$2,146,741,013
|
$(2,239,876,059
)
|
$(19,293
)
|
$4,205
|
$216,166,474
|
$4,610,645
|
|
*
|
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 May 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
Open Futures Contracts
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
Equity Risk
|
|
|
|
|
|
|
CME E-Mini S&P 500 Index Futures
|
22
|
June-2026
|
$8,355,325
|
$1,183,100
|
$1,183,100
|
|
Open Futures Contracts—(continued)
|
|||||
|
Long Futures Contracts—(continued)
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
CME E-Mini Utilities Select Sector Futures
|
70
|
June-2026
|
$6,280,400
|
$(209,118
)
|
$(209,118
)
|
|
Dow Jones U.S. Real Estate Index Futures
|
129
|
June-2026
|
4,952,310
|
331,350
|
331,350
|
|
Total Futures Contracts
|
$1,305,332
|
$1,305,332
|
|||
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.89%
|
|||
|
Communication Services-8.75%
|
|||
|
Alphabet, Inc., Class A, (Acquired
03/20/2026 - 05/28/2026;
Cost $780,137,323)(b)
|
|
2,512,013
|
$955,419,024
|
|
Alphabet, Inc., Class C, (Acquired
03/20/2026 - 05/28/2026;
Cost $620,427,647)(b)
|
|
2,012,858
|
757,700,137
|
|
Fox Corp., Class A(c)
|
|
179,801
|
11,492,880
|
|
Fox Corp., Class B
|
|
113,615
|
6,520,365
|
|
TKO Group Holdings, Inc.(c)
|
|
45,313
|
9,297,321
|
|
|
|
|
1,740,429,727
|
|
Consumer Discretionary-1.24%
|
|||
|
eBay, Inc.
|
|
322,125
|
35,198,599
|
|
Ford Motor Co.
|
|
3,419,812
|
59,641,521
|
|
General Motors Co.
|
|
971,958
|
80,905,784
|
|
Hasbro, Inc.
|
|
130,273
|
11,225,625
|
|
Ralph Lauren Corp.
|
|
28,388
|
10,330,393
|
|
Tapestry, Inc.
|
|
202,137
|
29,402,848
|
|
Ulta Beauty, Inc.(d)
|
|
39,920
|
20,313,292
|
|
|
|
|
247,018,062
|
|
Consumer Staples-4.03%
|
|||
|
Altria Group, Inc.
|
|
1,353,178
|
94,154,125
|
|
Archer-Daniels-Midland Co.(c)
|
|
383,923
|
30,629,377
|
|
Bunge Global S.A.
|
|
130,816
|
16,129,613
|
|
Coca-Cola Co. (The)
|
|
3,043,662
|
240,479,735
|
|
Dollar General Corp.
|
|
303,317
|
33,549,893
|
|
Dollar Tree, Inc.(d)
|
|
158,766
|
18,486,713
|
|
Hershey Co. (The)
|
|
119,911
|
23,266,331
|
|
Monster Beverage Corp.(d)
|
|
1,005,056
|
88,525,333
|
|
Philip Morris International, Inc.
(Switzerland)
|
|
1,449,302
|
257,077,189
|
|
|
|
|
802,298,309
|
|
Energy-3.08%
|
|||
|
Exxon Mobil Corp.
|
|
3,800,586
|
552,073,122
|
|
Williams Cos., Inc. (The)
|
|
861,704
|
61,517,049
|
|
|
|
|
613,590,171
|
|
Financials-5.68%
|
|||
|
Bank of New York Mellon Corp. (The)
|
|
714,654
|
99,644,207
|
|
Cboe Global Markets, Inc.
|
|
91,584
|
30,548,759
|
|
Charles Schwab Corp. (The)
|
|
1,253,374
|
109,482,219
|
|
Citigroup, Inc.
|
|
1,534,981
|
193,254,108
|
|
CME Group, Inc., Class A
|
|
294,662
|
80,601,843
|
|
Goldman Sachs Group, Inc. (The)
|
|
276,259
|
283,320,180
|
|
Invesco Ltd.(e)
|
|
347,083
|
9,877,982
|
|
Loews Corp.
|
|
136,271
|
14,110,862
|
|
Morgan Stanley
|
|
920,553
|
191,475,024
|
|
Northern Trust Corp.
|
|
148,724
|
24,606,386
|
|
Robinhood Markets, Inc., Class A(d)
|
|
626,347
|
59,064,522
|
|
State Street Corp.
|
|
212,742
|
33,111,165
|
|
|
|
|
1,129,097,257
|
|
Health Care-6.22%
|
|||
|
Cardinal Health, Inc.
|
|
328,373
|
64,623,806
|
|
Cencora, Inc.
|
|
207,009
|
55,759,944
|
|
Gilead Sciences, Inc.
|
|
1,220,487
|
164,070,068
|
|
HCA Healthcare, Inc.
|
|
158,270
|
59,911,526
|
|
IDEXX Laboratories, Inc.(d)
|
|
66,376
|
37,404,867
|
|
Johnson & Johnson
|
|
3,395,993
|
765,219,103
|
|
McKesson Corp.
|
|
122,195
|
90,722,456
|
|
|
|
|
1,237,711,770
|
|
|
Shares
|
Value
|
|
|
Industrials-12.37%
|
|||
|
C.H. Robinson Worldwide, Inc.
|
|
161,251
|
$28,807,491
|
|
Caterpillar, Inc.
|
|
590,241
|
516,974,385
|
|
Comfort Systems USA, Inc.
|
|
51,406
|
93,980,963
|
|
Cummins, Inc.
|
|
155,792
|
100,739,781
|
|
EMCOR Group, Inc.
|
|
40,219
|
33,253,874
|
|
Expeditors International of Washington,
Inc.
|
|
119,457
|
18,873,011
|
|
GE Vernova, Inc.
|
|
272,607
|
263,970,810
|
|
General Dynamics Corp.
|
|
259,819
|
90,110,426
|
|
General Electric Co.
|
|
1,003,295
|
324,826,789
|
|
Howmet Aerospace, Inc.
|
|
423,288
|
109,314,126
|
|
Huntington Ingalls Industries, Inc.
|
|
60,378
|
18,606,688
|
|
Johnson Controls International PLC
|
|
617,286
|
82,753,361
|
|
L3Harris Technologies, Inc.
|
|
263,211
|
82,958,843
|
|
Leidos Holdings, Inc.
|
|
107,184
|
13,698,115
|
|
Lockheed Martin Corp.
|
|
185,446
|
98,369,831
|
|
Northrop Grumman Corp.
|
|
122,480
|
69,039,526
|
|
Parker-Hannifin Corp.
|
|
92,346
|
77,998,202
|
|
Quanta Services, Inc.
|
|
134,628
|
95,818,787
|
|
Rockwell Automation, Inc.
|
|
105,941
|
47,785,748
|
|
Rollins, Inc.
|
|
249,454
|
11,874,010
|
|
RTX Corp.
|
|
1,543,719
|
277,344,556
|
|
Southwest Airlines Co.
|
|
97,958
|
4,207,296
|
|
|
|
|
2,461,306,619
|
|
Information Technology-54.77%
|
|||
|
Advanced Micro Devices, Inc.(d)
|
|
1,593,894
|
822,608,693
|
|
Amphenol Corp., Class A
|
|
1,734,646
|
258,045,939
|
|
Analog Devices, Inc.
|
|
391,404
|
161,982,545
|
|
Applied Materials, Inc.
|
|
782,606
|
352,219,656
|
|
Broadcom, Inc.
|
|
3,370,070
|
1,505,646,174
|
|
Ciena Corp.(d)
|
|
215,707
|
125,159,673
|
|
Cisco Systems, Inc.
|
|
3,330,985
|
401,117,214
|
|
Corning, Inc.
|
|
1,042,784
|
188,910,749
|
|
Intel Corp.(d)
|
|
5,116,426
|
586,751,734
|
|
Jabil, Inc.
|
|
80,029
|
29,175,372
|
|
KLA Corp.
|
|
143,607
|
275,971,008
|
|
Lam Research Corp.
|
|
2,208,384
|
702,663,621
|
|
Micron Technology, Inc.
|
|
2,194,591
|
2,130,947,861
|
|
Monolithic Power Systems, Inc.
|
|
40,887
|
64,037,628
|
|
NVIDIA Corp.
|
|
7,958,609
|
1,680,380,704
|
|
Palantir Technologies, Inc., Class A(d)
|
|
1,762,654
|
275,925,857
|
|
Sandisk Corp.(d)
|
|
288,223
|
488,532,221
|
|
Seagate Technology Holdings PLC
|
|
424,915
|
373,840,217
|
|
TE Connectivity PLC (Switzerland)
|
|
286,967
|
61,241,628
|
|
Teradyne, Inc.
|
|
161,229
|
60,349,627
|
|
Western Digital Corp.
|
|
661,071
|
351,167,526
|
|
|
|
|
10,896,675,647
|
|
Materials-1.61%
|
|||
|
Albemarle Corp.
|
|
115,561
|
20,387,271
|
|
Freeport-McMoRan, Inc.
|
|
1,239,539
|
81,450,108
|
|
Newmont Corp.
|
|
1,981,586
|
217,597,959
|
|
|
|
|
319,435,338
|
|
Real Estate-0.94%
|
|||
|
Ventas, Inc.
|
|
426,274
|
35,986,051
|
|
Welltower, Inc.
|
|
736,569
|
151,239,713
|
|
|
|
|
187,225,764
|
|
Utilities-1.20%
|
|||
|
American Electric Power Co., Inc.
|
|
464,149
|
58,793,754
|
|
Atmos Energy Corp.
|
|
128,014
|
21,651,008
|
|
CenterPoint Energy, Inc.
|
|
594,614
|
25,128,387
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Entergy Corp.(c)
|
|
326,441
|
$35,598,391
|
|
Evergy, Inc.
|
|
206,947
|
16,977,932
|
|
FirstEnergy Corp.
|
|
412,107
|
19,117,644
|
|
NiSource, Inc.
|
|
361,187
|
16,694,063
|
|
NRG Energy, Inc.
|
|
145,597
|
19,521,646
|
|
WEC Energy Group, Inc.
|
|
224,650
|
24,947,382
|
|
|
|
|
238,430,207
|
|
Total Common Stocks & Other Equity Interests
(Cost $14,455,352,196)
|
19,873,218,871
|
||
|
Money Market Funds-0.05%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(f)
(Cost $8,849,142)
|
|
8,849,142
|
8,849,142
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.94%
(Cost $14,464,201,338)
|
19,882,068,013
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.22%
|
|||
|
Invesco Private Government Fund,
3.58%(e)(f)(g)
|
|
12,270,671
|
$12,270,671
|
|
Invesco Private Prime Fund, 3.75%(e)(f)(g)
|
|
31,810,702
|
31,817,064
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $44,087,735)
|
44,087,735
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.16%
(Cost $14,508,289,073)
|
19,926,155,748
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.16)%
|
(31,337,110
)
|
||
|
NET ASSETS-100.00%
|
$19,894,818,638
|
||
|
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)
|
Restricted security. The aggregate value of these securities at May 31, 2026 was $1,713,119,161, which represented 8.61% of the Fund’s Net Assets.
|
|
(c)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$-
|
$8,319,256
|
$(131,646
)
|
$1,672,085
|
$18,287
|
$9,877,982
|
$73,365
|
|
Investments in
Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
12,323,939
|
133,837,468
|
(137,312,265
)
|
-
|
-
|
8,849,142
|
227,427
|
|
Investments
Purchased with Cash
Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
39,839,575
|
534,814,988
|
(562,383,892
)
|
-
|
-
|
12,270,671
|
692,251
*
|
|
Invesco Private Prime
Fund
|
103,419,667
|
1,162,856,983
|
(1,234,449,809
)
|
(6,986
)
|
(2,791
)
|
31,817,064
|
1,840,368
*
|
|
Total
|
$155,583,181
|
$1,839,828,695
|
$(1,934,277,612
)
|
$1,665,099
|
$15,496
|
$62,814,859
|
$2,833,411
|
|
*
|
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 May 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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.92%
|
|||
|
Communication Services-11.04%
|
|||
|
Alphabet, Inc., Class C, (Acquired
06/30/2021 - 05/04/2026;
Cost $41,468,861)(b)
|
|
284,270
|
$107,007,756
|
|
AT&T, Inc.
|
|
196,640
|
4,876,672
|
|
Charter Communications, Inc., Class A(c)
|
|
2,448
|
352,634
|
|
Comcast Corp., Class A
|
|
98,997
|
2,462,055
|
|
Electronic Arts, Inc.
|
|
7,461
|
1,505,033
|
|
Fox Corp., Class A
|
|
9,049
|
578,412
|
|
Live Nation Entertainment, Inc.(c)
|
|
4,171
|
702,438
|
|
Meta Platforms, Inc., Class A
|
|
58,000
|
36,685,580
|
|
Netflix, Inc.(c)
|
|
115,586
|
9,942,708
|
|
News Corp., Class A
|
|
14,037
|
366,366
|
|
Omnicom Group, Inc.
|
|
9,140
|
664,570
|
|
Paramount Skydance Corp.(d)
|
|
11,383
|
120,774
|
|
Take-Two Interactive Software, Inc.(c)
|
|
5,525
|
1,238,484
|
|
TKO Group Holdings, Inc.
|
|
1,965
|
403,179
|
|
T-Mobile US, Inc.
|
|
13,157
|
2,467,332
|
|
Trade Desk, Inc. (The), Class A(c)(d)
|
|
10,340
|
222,930
|
|
Verizon Communications, Inc.
|
|
112,194
|
5,363,995
|
|
Walt Disney Co. (The)
|
|
50,347
|
5,126,835
|
|
Warner Bros. Discovery, Inc.(c)
|
|
67,168
|
1,814,208
|
|
|
|
|
181,901,961
|
|
Consumer Discretionary-6.94%
|
|||
|
Airbnb, Inc., Class A(c)
|
|
11,586
|
1,544,530
|
|
Amazon.com, Inc.(c)
|
|
258,258
|
69,894,945
|
|
Aptiv PLC(c)
|
|
6,075
|
412,736
|
|
Best Buy Co., Inc.
|
|
5,157
|
401,988
|
|
Carnival Corp. Ltd.
|
|
35,478
|
995,513
|
|
Carvana Co.(c)(d)
|
|
20,535
|
1,499,055
|
|
Chipotle Mexican Grill, Inc.(c)
|
|
39,104
|
1,245,853
|
|
D.R. Horton, Inc.
|
|
8,281
|
1,218,052
|
|
Darden Restaurants, Inc.(d)
|
|
3,272
|
667,194
|
|
Deckers Outdoor Corp.(c)
|
|
4,475
|
509,479
|
|
DoorDash, Inc., Class A(c)
|
|
10,469
|
1,667,607
|
|
eBay, Inc.
|
|
12,048
|
1,316,485
|
|
Expedia Group, Inc.
|
|
2,947
|
665,403
|
|
Ford Motor Co.
|
|
122,469
|
2,135,859
|
|
Garmin Ltd.
|
|
4,709
|
1,101,529
|
|
General Motors Co.
|
|
26,404
|
2,197,869
|
|
Genuine Parts Co.
|
|
3,908
|
385,720
|
|
Home Depot, Inc. (The)
|
|
29,052
|
9,213,551
|
|
Las Vegas Sands Corp.
|
|
8,473
|
428,480
|
|
Lennar Corp., Class A
|
|
6,872
|
616,968
|
|
lululemon athletica, Inc.(c)
|
|
3,302
|
433,156
|
|
MGM Resorts International(c)
|
|
5,379
|
234,901
|
|
NIKE, Inc., Class B
|
|
35,709
|
1,650,827
|
|
Norwegian Cruise Line Holdings Ltd.(c)(d)
|
|
14,843
|
272,221
|
|
NVR, Inc.(c)
|
|
85
|
518,908
|
|
Pool Corp.(d)
|
|
950
|
172,330
|
|
PulteGroup, Inc.
|
|
5,829
|
688,871
|
|
Ralph Lauren Corp.
|
|
1,115
|
405,749
|
|
Ross Stores, Inc.
|
|
8,450
|
1,958,118
|
|
Royal Caribbean Cruises Ltd.
|
|
7,403
|
2,107,116
|
|
Tapestry, Inc.
|
|
5,884
|
855,887
|
|
TJX Cos., Inc. (The)
|
|
30,650
|
4,743,087
|
|
Tractor Supply Co.
|
|
14,872
|
468,914
|
|
Ulta Beauty, Inc.(c)
|
|
1,265
|
643,695
|
|
Williams-Sonoma, Inc.
|
|
3,626
|
738,145
|
|
Wynn Resorts Ltd.
|
|
2,424
|
245,357
|
|
|
|
|
114,256,098
|
|
|
Shares
|
Value
|
|
|
Consumer Staples-5.07%
|
|||
|
Altria Group, Inc.
|
|
46,987
|
$3,269,355
|
|
Archer-Daniels-Midland Co.
|
|
12,598
|
1,005,068
|
|
Brown-Forman Corp., Class B(d)
|
|
5,977
|
153,728
|
|
Bunge Global S.A.
|
|
3,579
|
441,291
|
|
Campbell’s Co. (The)(d)
|
|
5,937
|
125,330
|
|
Church & Dwight Co., Inc.
|
|
6,795
|
649,806
|
|
Coca-Cola Co. (The)
|
|
111,429
|
8,804,005
|
|
Colgate-Palmolive Co.
|
|
23,985
|
2,161,768
|
|
Conagra Brands, Inc.
|
|
13,507
|
179,373
|
|
Constellation Brands, Inc., Class A
|
|
3,992
|
554,169
|
|
Costco Wholesale Corp.
|
|
12,143
|
11,612,594
|
|
Dollar General Corp.
|
|
6,385
|
706,245
|
|
Dollar Tree, Inc.(c)(d)
|
|
5,697
|
663,359
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
7,907
|
703,328
|
|
General Mills, Inc.(d)
|
|
15,958
|
539,540
|
|
Hershey Co. (The)
|
|
4,322
|
838,598
|
|
Hormel Foods Corp.
|
|
7,963
|
184,980
|
|
J.M. Smucker Co. (The)
|
|
3,181
|
328,279
|
|
Kenvue, Inc.
|
|
55,818
|
964,535
|
|
Keurig Dr Pepper, Inc.
|
|
40,015
|
1,201,650
|
|
Kimberly-Clark Corp.
|
|
9,943
|
970,437
|
|
Kraft Heinz Co. (The)
|
|
24,377
|
585,292
|
|
Kroger Co. (The)
|
|
15,500
|
963,325
|
|
McCormick & Co., Inc.
|
|
8,074
|
382,465
|
|
Molson Coors Beverage Co., Class B
|
|
4,635
|
183,222
|
|
Mondelez International, Inc., Class A
|
|
38,604
|
2,361,407
|
|
Monster Beverage Corp.(c)
|
|
21,107
|
1,859,105
|
|
PepsiCo, Inc.
|
|
38,977
|
5,620,094
|
|
Philip Morris International, Inc.
(Switzerland)
|
|
46,883
|
8,316,107
|
|
Procter & Gamble Co. (The)
|
|
69,509
|
9,978,712
|
|
Sysco Corp.
|
|
13,884
|
1,052,546
|
|
Target Corp.
|
|
11,783
|
1,497,266
|
|
Tyson Foods, Inc., Class A
|
|
8,107
|
494,689
|
|
Walmart, Inc.
|
|
122,198
|
14,144,418
|
|
|
|
|
83,496,086
|
|
Energy-3.21%
|
|||
|
APA Corp.
|
|
8,787
|
320,110
|
|
Baker Hughes Co., Class A
|
|
29,370
|
1,876,156
|
|
Chevron Corp.
|
|
49,570
|
9,044,542
|
|
ConocoPhillips
|
|
32,221
|
3,672,550
|
|
Devon Energy Corp.
|
|
16,190
|
720,293
|
|
Diamondback Energy, Inc.
|
|
4,850
|
928,678
|
|
EOG Resources, Inc.
|
|
13,665
|
1,822,638
|
|
EQT Corp.
|
|
16,151
|
887,174
|
|
Expand Energy Corp.
|
|
6,366
|
591,911
|
|
Exxon Mobil Corp.
|
|
114,851
|
16,683,256
|
|
Halliburton Co.
|
|
22,680
|
881,118
|
|
Kinder Morgan, Inc.
|
|
52,957
|
1,645,904
|
|
Marathon Petroleum Corp.
|
|
7,067
|
1,758,058
|
|
Occidental Petroleum Corp.
|
|
18,473
|
1,046,126
|
|
ONEOK, Inc.
|
|
16,333
|
1,370,992
|
|
Phillips 66
|
|
9,867
|
1,735,408
|
|
SLB Ltd.
|
|
42,824
|
2,336,049
|
|
Targa Resources Corp.
|
|
5,756
|
1,468,183
|
|
Valero Energy Corp.
|
|
7,265
|
1,778,617
|
|
Williams Cos., Inc. (The)
|
|
32,986
|
2,354,870
|
|
|
|
|
52,922,633
|
|
Financials-12.24%
|
|||
|
Aflac, Inc.
|
|
13,104
|
1,473,152
|
|
Allstate Corp. (The)
|
|
7,344
|
1,513,525
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
American Express Co.
|
|
14,588
|
$4,616,664
|
|
American International Group, Inc.
|
|
14,981
|
1,112,040
|
|
Ameriprise Financial, Inc.
|
|
2,606
|
1,161,520
|
|
Aon PLC, Class A
|
|
6,078
|
1,921,013
|
|
Apollo Global Management, Inc.
|
|
12,312
|
1,584,678
|
|
Arch Capital Group Ltd.(c)
|
|
10,315
|
921,542
|
|
Arthur J. Gallagher & Co.
|
|
7,511
|
1,510,537
|
|
Assurant, Inc.
|
|
1,427
|
355,137
|
|
Bank of America Corp.
|
|
185,569
|
9,575,360
|
|
Bank of New York Mellon Corp. (The)
|
|
19,072
|
2,659,209
|
|
Berkshire Hathaway, Inc., Class B(c)
|
|
50,802
|
24,104,533
|
|
BlackRock, Inc.
|
|
4,338
|
4,541,365
|
|
Blackstone, Inc., Class A
|
|
20,995
|
2,455,785
|
|
Block, Inc., Class A(c)
|
|
14,517
|
1,099,227
|
|
Brown & Brown, Inc.(d)
|
|
8,295
|
466,594
|
|
Capital One Financial Corp.
|
|
18,378
|
3,453,778
|
|
Cboe Global Markets, Inc.
|
|
2,948
|
983,335
|
|
Charles Schwab Corp. (The)
|
|
46,151
|
4,031,290
|
|
Chubb Ltd.
|
|
10,396
|
3,240,745
|
|
Cincinnati Financial Corp.
|
|
4,195
|
660,377
|
|
Citigroup, Inc.
|
|
48,564
|
6,114,208
|
|
Citizens Financial Group, Inc.
|
|
11,883
|
739,836
|
|
CME Group, Inc., Class A
|
|
10,215
|
2,794,211
|
|
Coinbase Global, Inc., Class A(c)(d)
|
|
5,433
|
1,027,000
|
|
Corpay, Inc.(c)
|
|
1,817
|
657,391
|
|
Erie Indemnity Co., Class A(d)
|
|
797
|
169,817
|
|
Everest Group Ltd.
|
|
1,178
|
381,707
|
|
FactSet Research Systems, Inc.(d)
|
|
1,087
|
266,826
|
|
Fifth Third Bancorp
|
|
26,558
|
1,326,041
|
|
Fiserv, Inc.(c)
|
|
15,403
|
871,194
|
|
Franklin Resources, Inc.(d)
|
|
8,223
|
255,077
|
|
Global Payments, Inc.(d)
|
|
6,449
|
486,964
|
|
Globe Life, Inc.
|
|
2,227
|
341,265
|
|
Goldman Sachs Group, Inc. (The)
|
|
8,418
|
8,633,164
|
|
Hartford Insurance Group, Inc. (The)
|
|
7,820
|
994,157
|
|
Huntington Bancshares, Inc.
|
|
58,740
|
960,986
|
|
Interactive Brokers Group, Inc., Class A
|
|
12,468
|
1,084,342
|
|
Intercontinental Exchange, Inc.
|
|
16,029
|
2,369,888
|
|
Invesco Ltd.(e)
|
|
13,125
|
373,538
|
|
Jack Henry & Associates, Inc.
|
|
1,893
|
258,054
|
|
JPMorgan Chase & Co.
|
|
76,471
|
22,888,535
|
|
KeyCorp
|
|
26,371
|
562,493
|
|
Loews Corp.
|
|
4,610
|
477,365
|
|
M&T Bank Corp.
|
|
4,414
|
953,910
|
|
Marsh & McLennan Cos., Inc.
|
|
14,144
|
2,262,616
|
|
Mastercard, Inc., Class A
|
|
22,910
|
11,317,082
|
|
MetLife, Inc.
|
|
15,334
|
1,267,968
|
|
Moody’s Corp.
|
|
4,419
|
2,002,912
|
|
Morgan Stanley
|
|
33,621
|
6,993,168
|
|
Nasdaq, Inc.
|
|
12,339
|
1,141,604
|
|
Northern Trust Corp.
|
|
5,165
|
854,549
|
|
PayPal Holdings, Inc.
|
|
25,519
|
1,141,975
|
|
PNC Financial Services Group, Inc. (The)
|
|
10,891
|
2,408,218
|
|
Principal Financial Group, Inc.
|
|
5,817
|
602,758
|
|
Progressive Corp. (The)
|
|
16,746
|
3,188,438
|
|
Prudential Financial, Inc.
|
|
9,755
|
981,743
|
|
Raymond James Financial, Inc.(d)
|
|
4,894
|
701,849
|
|
Regions Financial Corp.
|
|
25,041
|
701,148
|
|
Robinhood Markets, Inc., Class A(c)
|
|
20,386
|
1,922,400
|
|
S&P Global, Inc.
|
|
8,610
|
3,650,640
|
|
State Street Corp.
|
|
7,669
|
1,193,603
|
|
Synchrony Financial
|
|
10,266
|
733,403
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
T. Rowe Price Group, Inc.(d)
|
|
6,097
|
$637,319
|
|
TPG, Inc.(c)(f)
|
|
5,990
|
0
|
|
Travelers Cos., Inc. (The)
|
|
6,185
|
1,805,340
|
|
Truist Financial Corp.
|
|
37,165
|
1,791,725
|
|
U.S. Bancorp
|
|
43,752
|
2,399,797
|
|
Visa, Inc., Class A
|
|
47,031
|
15,349,037
|
|
W.R. Berkley Corp.(d)
|
|
8,531
|
542,060
|
|
Wells Fargo & Co.
|
|
89,445
|
6,935,565
|
|
Willis Towers Watson PLC
|
|
2,711
|
676,855
|
|
|
|
|
201,633,147
|
|
Health Care-8.51%
|
|||
|
Abbott Laboratories
|
|
49,355
|
4,224,788
|
|
Agilent Technologies, Inc.
|
|
8,018
|
1,086,680
|
|
Align Technology, Inc.(c)
|
|
1,951
|
341,327
|
|
Amgen, Inc.
|
|
14,886
|
5,013,456
|
|
Baxter International, Inc.
|
|
15,603
|
293,024
|
|
Becton, Dickinson and Co.
|
|
8,338
|
1,226,687
|
|
Biogen, Inc.(c)
|
|
3,974
|
778,904
|
|
Bio-Techne Corp.(d)
|
|
4,577
|
236,539
|
|
Boston Scientific Corp.(c)
|
|
44,065
|
2,128,780
|
|
Bristol-Myers Squibb Co.
|
|
56,934
|
3,255,486
|
|
Cardinal Health, Inc.
|
|
6,800
|
1,338,240
|
|
Cencora, Inc.
|
|
5,540
|
1,492,254
|
|
Centene Corp.(c)
|
|
15,718
|
936,793
|
|
Charles River Laboratories International,
Inc.(c)
|
|
1,399
|
252,813
|
|
Cigna Group (The)
|
|
7,982
|
2,214,207
|
|
Cooper Cos., Inc. (The)(c)
|
|
6,066
|
371,300
|
|
CVS Health Corp.
|
|
36,026
|
3,277,645
|
|
Danaher Corp.
|
|
18,258
|
3,335,189
|
|
Dexcom, Inc.(c)
|
|
11,616
|
856,564
|
|
Edwards Lifesciences Corp.(c)
|
|
15,861
|
1,371,501
|
|
Elevance Health, Inc.
|
|
6,600
|
2,595,054
|
|
Eli Lilly and Co.
|
|
22,473
|
24,832,665
|
|
GE HealthCare Technologies, Inc.
|
|
14,211
|
885,914
|
|
Gilead Sciences, Inc.
|
|
34,043
|
4,576,401
|
|
HCA Healthcare, Inc.
|
|
4,235
|
1,603,117
|
|
Henry Schein, Inc.(c)
|
|
2,800
|
214,424
|
|
Humana, Inc.
|
|
3,605
|
1,101,039
|
|
IDEXX Laboratories, Inc.(c)
|
|
2,325
|
1,310,207
|
|
Incyte Corp.(c)
|
|
4,745
|
459,031
|
|
Insulet Corp.(c)
|
|
1,953
|
283,068
|
|
Intuitive Surgical, Inc.(c)
|
|
9,740
|
4,135,994
|
|
IQVIA Holdings, Inc.(c)
|
|
4,774
|
869,871
|
|
Johnson & Johnson
|
|
66,249
|
14,927,887
|
|
Labcorp Holdings, Inc.
|
|
2,336
|
607,500
|
|
McKesson Corp.
|
|
3,508
|
2,604,480
|
|
Medtronic PLC
|
|
37,866
|
2,794,889
|
|
Merck & Co., Inc.
|
|
71,126
|
8,444,079
|
|
Moderna, Inc.(c)
|
|
8,858
|
418,009
|
|
Pfizer, Inc.
|
|
154,880
|
4,054,758
|
|
Quest Diagnostics, Inc.
|
|
3,161
|
616,079
|
|
Regeneron Pharmaceuticals, Inc.
|
|
2,735
|
1,681,423
|
|
ResMed, Inc.(d)
|
|
4,189
|
798,298
|
|
Revvity, Inc.(d)
|
|
3,220
|
336,651
|
|
Solventum Corp.(c)
|
|
4,345
|
325,658
|
|
STERIS PLC
|
|
3,007
|
639,679
|
|
Stryker Corp.
|
|
10,373
|
3,164,699
|
|
Thermo Fisher Scientific, Inc.
|
|
10,623
|
5,231,934
|
|
UnitedHealth Group, Inc.
|
|
25,048
|
9,526,005
|
|
Universal Health Services, Inc., Class B
|
|
1,693
|
247,364
|
|
Vertex Pharmaceuticals, Inc.(c)
|
|
6,886
|
3,081,760
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Viatris, Inc.
|
|
33,106
|
$538,304
|
|
Waters Corp.(c)
|
|
2,806
|
1,076,297
|
|
West Pharmaceutical Services, Inc.
|
|
2,088
|
674,027
|
|
Zimmer Biomet Holdings, Inc.(d)
|
|
5,598
|
460,883
|
|
Zoetis, Inc.
|
|
13,027
|
1,012,068
|
|
|
|
|
140,161,693
|
|
Industrials-8.67%
|
|||
|
3M Co.
|
|
15,222
|
2,330,945
|
|
A.O. Smith Corp.
|
|
3,492
|
198,066
|
|
Allegion PLC
|
|
2,532
|
329,337
|
|
AMETEK, Inc.
|
|
6,603
|
1,491,288
|
|
Automatic Data Processing, Inc.
|
|
10,947
|
2,428,483
|
|
Boeing Co. (The)(c)
|
|
22,382
|
5,173,599
|
|
Broadridge Financial Solutions, Inc.
|
|
3,187
|
489,906
|
|
Builders FirstSource, Inc.(c)
|
|
3,249
|
247,769
|
|
C.H. Robinson Worldwide, Inc.
|
|
3,348
|
598,120
|
|
Carrier Global Corp.
|
|
23,364
|
1,492,259
|
|
Caterpillar, Inc.
|
|
13,213
|
11,572,870
|
|
Cintas Corp.
|
|
9,298
|
1,592,376
|
|
Comfort Systems USA, Inc.
|
|
962
|
1,758,738
|
|
Copart, Inc.(c)
|
|
25,659
|
840,845
|
|
CSX Corp.
|
|
53,000
|
2,398,780
|
|
Cummins, Inc.
|
|
3,898
|
2,520,564
|
|
Deere & Co.
|
|
7,167
|
3,885,804
|
|
Delta Air Lines, Inc.
|
|
19,381
|
1,598,545
|
|
Dover Corp.
|
|
3,955
|
835,929
|
|
Eaton Corp. PLC
|
|
11,037
|
4,421,422
|
|
EMCOR Group, Inc.
|
|
1,188
|
982,262
|
|
Emerson Electric Co.
|
|
16,320
|
2,347,142
|
|
Equifax, Inc.
|
|
3,591
|
595,352
|
|
Expeditors International of Washington,
Inc.
|
|
3,591
|
567,342
|
|
Fastenal Co.
|
|
30,706
|
1,357,205
|
|
FedEx Corp.
|
|
6,253
|
2,574,673
|
|
Fortive Corp.
|
|
8,981
|
523,772
|
|
GE Vernova, Inc.
|
|
7,521
|
7,282,735
|
|
Generac Holdings, Inc.(c)
|
|
1,673
|
464,943
|
|
General Dynamics Corp.
|
|
6,852
|
2,376,411
|
|
General Electric Co.
|
|
29,863
|
9,668,445
|
|
Honeywell International, Inc.
|
|
17,372
|
4,132,104
|
|
Howmet Aerospace, Inc.
|
|
11,281
|
2,913,318
|
|
Hubbell, Inc.
|
|
1,530
|
724,623
|
|
Huntington Ingalls Industries, Inc.
|
|
1,123
|
346,075
|
|
IDEX Corp.
|
|
2,168
|
457,079
|
|
Illinois Tool Works, Inc.
|
|
7,600
|
1,879,328
|
|
Ingersoll Rand, Inc.
|
|
10,689
|
765,760
|
|
J.B. Hunt Transport Services, Inc.
|
|
2,245
|
620,585
|
|
Jacobs Solutions, Inc.
|
|
3,375
|
404,528
|
|
Johnson Controls International PLC
|
|
17,570
|
2,355,434
|
|
L3Harris Technologies, Inc.
|
|
5,035
|
1,586,931
|
|
Leidos Holdings, Inc.
|
|
3,529
|
451,006
|
|
Lennox International, Inc.(d)
|
|
962
|
483,078
|
|
Lockheed Martin Corp.
|
|
5,551
|
2,944,528
|
|
Nordson Corp.
|
|
1,530
|
439,615
|
|
Norfolk Southern Corp.
|
|
6,383
|
1,946,560
|
|
Northrop Grumman Corp.
|
|
3,565
|
2,009,519
|
|
Old Dominion Freight Line, Inc.
|
|
5,323
|
1,198,473
|
|
PACCAR, Inc.
|
|
15,079
|
1,664,269
|
|
Parker-Hannifin Corp.
|
|
3,642
|
3,076,143
|
|
Pentair PLC
|
|
4,633
|
328,202
|
|
Quanta Services, Inc.
|
|
3,978
|
2,831,262
|
|
Republic Services, Inc.
|
|
5,538
|
1,110,037
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Rockwell Automation, Inc.
|
|
3,297
|
$1,487,145
|
|
Rollins, Inc.
|
|
8,415
|
400,554
|
|
RTX Corp.
|
|
35,253
|
6,333,554
|
|
Snap-on, Inc.
|
|
1,464
|
543,451
|
|
Southwest Airlines Co.
|
|
16,372
|
703,177
|
|
Stanley Black & Decker, Inc.
|
|
4,886
|
388,046
|
|
Textron, Inc.
|
|
4,936
|
452,927
|
|
Trane Technologies PLC
|
|
6,376
|
2,877,489
|
|
Uber Technologies, Inc.(c)
|
|
56,219
|
3,957,818
|
|
Union Pacific Corp.
|
|
16,834
|
4,421,282
|
|
United Airlines Holdings, Inc.(c)
|
|
10,207
|
1,171,764
|
|
United Parcel Service, Inc., Class B
|
|
22,764
|
2,428,691
|
|
United Rentals, Inc.
|
|
1,842
|
1,834,024
|
|
Veralto Corp.
|
|
7,172
|
589,754
|
|
W.W. Grainger, Inc.
|
|
1,212
|
1,495,899
|
|
Waste Management, Inc.
|
|
10,151
|
2,146,530
|
|
Westinghouse Air Brake Technologies
Corp.
|
|
4,934
|
1,288,563
|
|
Xylem, Inc.
|
|
6,934
|
759,550
|
|
|
|
|
142,894,602
|
|
Information Technology-38.59%
|
|||
|
Accenture PLC, Class A
|
|
17,279
|
3,232,383
|
|
Adobe, Inc.(c)
|
|
11,427
|
2,961,993
|
|
Advanced Micro Devices, Inc.(c)
|
|
42,799
|
22,088,564
|
|
Akamai Technologies, Inc.(c)
|
|
3,575
|
534,605
|
|
Amphenol Corp., Class A
|
|
35,741
|
5,316,831
|
|
Analog Devices, Inc.
|
|
14,747
|
6,103,046
|
|
Apple, Inc.
|
|
402,293
|
125,539,554
|
|
Applied Materials, Inc.
|
|
22,721
|
10,225,813
|
|
AppLovin Corp., Class A(c)
|
|
6,860
|
4,205,797
|
|
Arista Networks, Inc.(c)
|
|
26,822
|
4,277,304
|
|
Autodesk, Inc.(c)
|
|
6,255
|
1,446,844
|
|
Broadcom, Inc.
|
|
118,864
|
53,104,869
|
|
CDW Corp.
|
|
3,580
|
449,111
|
|
Ciena Corp.(c)
|
|
3,892
|
2,258,255
|
|
Cisco Systems, Inc.
|
|
107,607
|
12,958,035
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
13,397
|
746,950
|
|
Corning, Inc.
|
|
23,949
|
4,338,601
|
|
CrowdStrike Holdings, Inc., Class A(c)
|
|
6,081
|
4,445,211
|
|
Dell Technologies, Inc., Class C
|
|
8,145
|
3,428,312
|
|
EPAM Systems, Inc.(c)
|
|
1,443
|
147,850
|
|
F5, Inc.(c)
|
|
1,454
|
557,536
|
|
First Solar, Inc.(c)
|
|
2,842
|
871,897
|
|
Fortinet, Inc.(c)
|
|
17,927
|
2,473,388
|
|
Gartner, Inc.(c)(d)
|
|
1,900
|
308,180
|
|
Gen Digital, Inc.
|
|
23,201
|
598,354
|
|
GoDaddy, Inc., Class A(c)
|
|
3,661
|
314,224
|
|
Hewlett Packard Enterprise Co.
|
|
35,553
|
1,530,201
|
|
HP, Inc.
|
|
25,435
|
687,762
|
|
Intel Corp.(c)
|
|
114,637
|
13,146,571
|
|
International Business Machines Corp.
|
|
24,265
|
7,226,117
|
|
Intuit, Inc.
|
|
7,334
|
2,431,441
|
|
Jabil, Inc.
|
|
2,981
|
1,086,753
|
|
Keysight Technologies, Inc.(c)
|
|
4,997
|
1,690,635
|
|
KLA Corp.
|
|
3,677
|
7,066,128
|
|
Lam Research Corp.
|
|
36,099
|
11,485,980
|
|
Microchip Technology, Inc.
|
|
16,491
|
1,560,873
|
|
Micron Technology, Inc.
|
|
29,734
|
28,871,714
|
|
Microsoft Corp.
|
|
186,381
|
83,916,181
|
|
Monolithic Power Systems, Inc.
|
|
1,375
|
2,153,539
|
|
NetApp, Inc.
|
|
5,449
|
949,706
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
NVIDIA Corp.
|
|
624,238
|
$131,801,611
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
7,627
|
2,450,936
|
|
ON Semiconductor Corp.(c)
|
|
12,145
|
1,464,930
|
|
Oracle Corp.
|
|
40,323
|
9,104,127
|
|
Palo Alto Networks, Inc.(c)
|
|
20,339
|
5,729,293
|
|
PTC, Inc.(c)
|
|
4,185
|
580,585
|
|
Qnity Electronics, Inc.
|
|
6,141
|
957,996
|
|
QUALCOMM, Inc.
|
|
30,575
|
7,674,936
|
|
Salesforce, Inc.
|
|
26,588
|
5,080,967
|
|
Sandisk Corp.(c)
|
|
3,848
|
6,522,283
|
|
Seagate Technology Holdings PLC
|
|
6,192
|
5,447,722
|
|
Skyworks Solutions, Inc.
|
|
4,304
|
335,066
|
|
Super Micro Computer, Inc.(c)(d)
|
|
13,812
|
636,595
|
|
Synopsys, Inc.(c)
|
|
4,777
|
2,272,037
|
|
TE Connectivity PLC (Switzerland)
|
|
8,877
|
1,894,441
|
|
Teledyne Technologies, Inc.(c)
|
|
1,312
|
813,217
|
|
Teradyne, Inc.
|
|
4,464
|
1,670,920
|
|
Texas Instruments, Inc.
|
|
26,091
|
7,975,497
|
|
Trimble, Inc.(c)
|
|
8,831
|
498,157
|
|
VeriSign, Inc.
|
|
2,170
|
619,275
|
|
Western Digital Corp.
|
|
9,568
|
5,082,617
|
|
Zebra Technologies Corp., Class A(c)
|
|
1,428
|
347,904
|
|
|
|
|
635,698,220
|
|
Materials-1.96%
|
|||
|
Albemarle Corp.
|
|
3,366
|
593,830
|
|
Amcor PLC
|
|
14,149
|
549,264
|
|
Avery Dennison Corp.
|
|
2,339
|
372,065
|
|
Ball Corp.
|
|
7,939
|
434,025
|
|
CF Industries Holdings, Inc.
|
|
3,476
|
390,529
|
|
Corteva, Inc.
|
|
18,518
|
1,449,589
|
|
CRH PLC
|
|
20,797
|
2,262,506
|
|
Dow, Inc.
|
|
17,092
|
576,855
|
|
DuPont de Nemours, Inc.
|
|
12,260
|
593,629
|
|
Ecolab, Inc.
|
|
7,632
|
1,953,792
|
|
Freeport-McMoRan, Inc.
|
|
42,724
|
2,807,394
|
|
International Flavors & Fragrances, Inc.
|
|
8,242
|
626,804
|
|
Linde PLC
|
|
13,267
|
6,602,853
|
|
LyondellBasell Industries N.V., Class A
|
|
5,913
|
394,101
|
|
Martin Marietta Materials, Inc.
|
|
1,837
|
1,068,473
|
|
Mosaic Co. (The)
|
|
8,153
|
194,857
|
|
Newmont Corp.
|
|
32,833
|
3,605,392
|
|
Nucor Corp.
|
|
6,336
|
1,584,000
|
|
Packaging Corp. of America
|
|
2,526
|
552,967
|
|
PPG Industries, Inc.
|
|
7,148
|
807,581
|
|
Sherwin-Williams Co. (The)
|
|
6,967
|
2,116,853
|
|
Smurfit WestRock PLC(d)
|
|
15,645
|
643,792
|
|
Steel Dynamics, Inc.
|
|
3,870
|
1,006,780
|
|
Vulcan Materials Co.
|
|
4,132
|
1,169,025
|
|
|
|
|
32,356,956
|
|
Real Estate-1.47%
|
|||
|
AvalonBay Communities, Inc.
|
|
3,924
|
716,169
|
|
BXP, Inc.
|
|
4,376
|
262,604
|
|
Camden Property Trust
|
|
3,030
|
322,877
|
|
CBRE Group, Inc., Class A(c)
|
|
8,787
|
1,098,726
|
|
CoStar Group, Inc.(c)
|
|
11,221
|
361,316
|
|
Digital Realty Trust, Inc.
|
|
8,521
|
1,618,990
|
|
Equity Residential
|
|
9,896
|
647,693
|
|
Essex Property Trust, Inc.(d)
|
|
1,766
|
481,482
|
|
Extra Space Storage, Inc.
|
|
6,092
|
879,137
|
|
Federal Realty Investment Trust
|
|
2,146
|
256,726
|
|
Healthpeak Properties, Inc.
|
|
19,359
|
370,725
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Host Hotels & Resorts, Inc.
|
|
17,962
|
$412,767
|
|
Invitation Homes, Inc.
|
|
15,849
|
463,583
|
|
Kimco Realty Corp.
|
|
18,512
|
445,769
|
|
Mid-America Apartment Communities, Inc.
|
|
3,293
|
425,028
|
|
Prologis, Inc.
|
|
26,501
|
3,802,098
|
|
Public Storage
|
|
4,348
|
1,320,444
|
|
Realty Income Corp.
|
|
28,244
|
1,730,792
|
|
Regency Centers Corp.
|
|
4,503
|
348,307
|
|
Simon Property Group, Inc.
|
|
9,442
|
1,934,760
|
|
Ventas, Inc.
|
|
12,766
|
1,077,706
|
|
VICI Properties, Inc.
|
|
29,977
|
845,951
|
|
Welltower, Inc.
|
|
18,620
|
3,823,245
|
|
Weyerhaeuser Co.
|
|
20,472
|
501,769
|
|
|
|
|
24,148,664
|
|
Utilities-2.22%
|
|||
|
AES Corp. (The)
|
|
23,258
|
341,195
|
|
Alliant Energy Corp.(d)
|
|
7,062
|
505,710
|
|
Ameren Corp.
|
|
7,537
|
813,770
|
|
American Electric Power Co., Inc.
|
|
14,677
|
1,859,136
|
|
American Water Works Co., Inc.
|
|
5,314
|
655,057
|
|
Atmos Energy Corp.
|
|
4,376
|
740,113
|
|
CenterPoint Energy, Inc.(d)
|
|
17,784
|
751,552
|
|
CMS Energy Corp.
|
|
8,426
|
611,475
|
|
Consolidated Edison, Inc.
|
|
9,775
|
1,032,533
|
|
Constellation Energy Corp.
|
|
9,215
|
2,651,616
|
|
Dominion Energy, Inc.
|
|
23,311
|
1,560,438
|
|
DTE Energy Co.
|
|
5,651
|
807,358
|
|
Duke Energy Corp.
|
|
22,333
|
2,740,929
|
|
Edison International
|
|
10,675
|
746,609
|
|
Entergy Corp.(d)
|
|
12,392
|
1,351,348
|
|
Evergy, Inc.
|
|
6,393
|
524,482
|
|
Eversource Energy
|
|
10,250
|
699,767
|
|
Exelon Corp.
|
|
27,523
|
1,256,150
|
|
FirstEnergy Corp.
|
|
14,124
|
655,212
|
|
NextEra Energy, Inc.
|
|
57,302
|
4,985,847
|
|
NiSource, Inc.
|
|
13,123
|
606,545
|
|
NRG Energy, Inc.
|
|
6,206
|
832,100
|
|
PG&E Corp.
|
|
61,916
|
1,011,707
|
|
Pinnacle West Capital Corp.
|
|
3,210
|
320,165
|
|
PPL Corp.
|
|
20,604
|
729,176
|
|
Public Service Enterprise Group, Inc.
|
|
14,038
|
1,104,089
|
|
Sempra
|
|
18,212
|
1,623,236
|
|
Southern Co. (The)
|
|
29,960
|
2,757,818
|
|
WEC Energy Group, Inc.
|
|
9,032
|
1,003,004
|
|
Xcel Energy, Inc.
|
|
16,373
|
1,301,653
|
|
|
|
|
36,579,790
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.92%
(Cost $1,078,480,776)
|
1,646,049,850
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-0.87%
|
|||
|
Invesco Private Government Fund,
3.58%(e)(g)(h)
|
|
3,985,537
|
3,985,537
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.75%(e)(g)(h)
|
|
10,352,291
|
$10,354,361
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $14,339,898)
|
14,339,898
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.79%
(Cost $1,092,820,674)
|
1,660,389,748
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.79)%
|
(13,067,649
)
|
||
|
NET ASSETS-100.00%
|
$1,647,322,099
|
||
|
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)
|
Restricted security. The value of this security at May 31, 2026 represented 6.50% of the Fund’s Net Assets.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$287,569
|
$62,047
|
$(66,463
)
|
$66,216
|
$24,169
|
$373,538
|
$7,905
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
195,796
|
36,281,244
|
(36,477,040
)
|
-
|
-
|
-
|
34,647
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
3,538,942
|
40,213,680
|
(39,767,085
)
|
-
|
-
|
3,985,537
|
60,932
*
|
|
Invesco Private Prime
Fund
|
9,892,909
|
75,593,027
|
(75,130,002
)
|
(500
)
|
(1,073
)
|
10,354,361
|
159,556
*
|
|
Total
|
$13,915,216
|
$152,149,998
|
$(151,440,590
)
|
$65,716
|
$23,096
|
$14,713,436
|
$263,040
|
|
*
|
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)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(g)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(h)
|
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-99.90%
|
|||
|
Communication Services-0.83%
|
|||
|
New York Times Co. (The), Class A
|
|
20,589
|
$1,548,499
|
|
Nexstar Media Group, Inc., Class A
|
|
3,639
|
649,307
|
|
Pinterest, Inc., Class A(b)
|
|
65,833
|
1,319,951
|
|
|
|
|
3,517,757
|
|
Consumer Discretionary-10.12%
|
|||
|
Abercrombie & Fitch Co., Class A(b)
|
|
6,580
|
508,108
|
|
Aramark
|
|
34,581
|
1,845,934
|
|
Autoliv, Inc. (Sweden)
|
|
9,624
|
1,223,403
|
|
AutoNation, Inc.(b)
|
|
3,497
|
656,457
|
|
Bath & Body Works, Inc.
|
|
29,190
|
584,384
|
|
BorgWarner, Inc.
|
|
29,053
|
2,086,586
|
|
Boyd Gaming Corp.
|
|
7,262
|
600,422
|
|
Brunswick Corp.
|
|
9,089
|
761,295
|
|
Burlington Stores, Inc.(b)
|
|
7,855
|
2,543,685
|
|
Chewy, Inc., Class A(b)
|
|
29,946
|
674,983
|
|
Columbia Sportswear Co.
|
|
3,539
|
234,211
|
|
Crocs, Inc.(b)(c)
|
|
7,305
|
866,884
|
|
Dick’s Sporting Goods, Inc.(c)
|
|
8,599
|
1,956,874
|
|
Duolingo, Inc.(b)
|
|
5,102
|
568,159
|
|
Five Below, Inc.(b)
|
|
7,047
|
1,602,206
|
|
Floor & Decor Holdings, Inc., Class A(b)(c)
|
|
15,984
|
821,578
|
|
GameStop Corp., Class A(b)(c)
|
|
50,625
|
1,072,237
|
|
Gap, Inc. (The)(c)
|
|
33,623
|
711,126
|
|
Gentex Corp.(c)
|
|
29,541
|
713,711
|
|
Goodyear Tire & Rubber Co. (The)(b)(c)
|
|
40,445
|
246,714
|
|
Graham Holdings Co., Class B
|
|
427
|
468,543
|
|
Grand Canyon Education, Inc.(b)
|
|
3,391
|
508,141
|
|
Harley-Davidson, Inc.
|
|
14,572
|
352,351
|
|
KB Home
|
|
9,392
|
458,893
|
|
Lear Corp.
|
|
7,199
|
1,030,321
|
|
Lithia Motors, Inc., Class A(c)
|
|
3,204
|
932,012
|
|
Macy’s, Inc.
|
|
37,915
|
825,030
|
|
Mattel, Inc.(b)(c)
|
|
40,781
|
609,268
|
|
Murphy USA, Inc.
|
|
1,868
|
945,264
|
|
Ollie’s Bargain Outlet Holdings, Inc.(b)(c)
|
|
7,920
|
646,510
|
|
Penske Automotive Group, Inc.
|
|
2,409
|
403,194
|
|
Polaris, Inc.
|
|
7,568
|
534,074
|
|
PVH Corp.
|
|
6,744
|
629,080
|
|
Service Corp. International
|
|
18,565
|
1,395,902
|
|
Somnigroup International, Inc.
|
|
29,700
|
2,103,057
|
|
Taylor Morrison Home Corp., Class A(b)
|
|
13,483
|
788,755
|
|
Texas Roadhouse, Inc.
|
|
8,782
|
1,586,205
|
|
Thor Industries, Inc.(c)
|
|
7,450
|
589,146
|
|
Toll Brothers, Inc.
|
|
13,216
|
1,830,945
|
|
TopBuild Corp.(b)
|
|
4,109
|
1,715,425
|
|
Travel + Leisure Co.
|
|
8,268
|
562,224
|
|
V.F. Corp.
|
|
48,589
|
834,759
|
|
Vail Resorts, Inc.(c)
|
|
4,394
|
587,038
|
|
Visteon Corp.
|
|
3,590
|
424,661
|
|
Whirlpool Corp.(c)
|
|
9,237
|
401,071
|
|
Wyndham Hotels & Resorts, Inc.
|
|
10,322
|
828,444
|
|
YETI Holdings, Inc.(b)
|
|
11,249
|
539,615
|
|
|
|
|
42,808,885
|
|
Consumer Staples-3.43%
|
|||
|
Albertson’s Cos., Inc., Class A(c)
|
|
53,706
|
838,351
|
|
BJ’s Wholesale Club Holdings, Inc.(b)(c)
|
|
17,393
|
1,483,275
|
|
Boston Beer Co., Inc. (The), Class A(b)(c)
|
|
938
|
166,289
|
|
Celsius Holdings, Inc.(b)(c)
|
|
23,374
|
777,653
|
|
Coca-Cola Consolidated, Inc.
|
|
6,837
|
1,184,579
|
|
Coty, Inc., Class A(b)(c)
|
|
49,902
|
106,291
|
|
|
Shares
|
Value
|
|
|
Consumer Staples-(continued)
|
|||
|
Darling Ingredients, Inc.(b)
|
|
18,922
|
$1,118,290
|
|
e.l.f. Beauty, Inc.(b)(c)
|
|
8,563
|
479,528
|
|
Ingredion, Inc.
|
|
8,372
|
849,256
|
|
Maplebear, Inc.(b)(c)
|
|
23,311
|
927,778
|
|
Marzetti Co. (The)
|
|
2,725
|
305,036
|
|
Performance Food Group Co.(b)
|
|
21,657
|
2,126,501
|
|
Pilgrim’s Pride Corp.
|
|
6,172
|
174,729
|
|
Post Holdings, Inc.(b)(c)
|
|
6,236
|
572,714
|
|
Sprouts Farmers Market, Inc.(b)(c)
|
|
11,938
|
986,317
|
|
US Foods Holding Corp.(b)
|
|
29,460
|
2,411,301
|
|
|
|
|
14,507,888
|
|
Energy-4.73%
|
|||
|
Antero Midstream Corp.
|
|
40,429
|
847,392
|
|
Antero Resources Corp.(b)
|
|
33,993
|
1,215,250
|
|
Chord Energy Corp.
|
|
6,159
|
812,187
|
|
CNX Resources Corp.(b)(c)
|
|
17,237
|
580,715
|
|
DT Midstream, Inc.
|
|
12,707
|
1,778,726
|
|
HF Sinclair Corp.
|
|
17,337
|
1,211,683
|
|
Matador Resources Co.
|
|
13,315
|
713,684
|
|
Murphy Oil Corp.
|
|
16,317
|
590,512
|
|
NOV, Inc.
|
|
48,201
|
962,092
|
|
Ovintiv, Inc.
|
|
32,221
|
1,805,665
|
|
PBF Energy, Inc., Class A
|
|
8,735
|
355,514
|
|
Permian Resources Corp.
|
|
82,004
|
1,576,937
|
|
Range Resources Corp.
|
|
29,148
|
1,135,315
|
|
TechnipFMC PLC (United Kingdom)
|
|
52,020
|
3,559,208
|
|
Valaris Ltd.(b)
|
|
8,283
|
767,254
|
|
Viper Energy, Inc., Class A
|
|
22,316
|
1,015,378
|
|
Weatherford International PLC
|
|
10,180
|
1,055,055
|
|
|
|
|
19,982,567
|
|
Financials-15.05%
|
|||
|
Affiliated Managers Group, Inc.
|
|
3,818
|
1,156,281
|
|
Ally Financial, Inc.
|
|
37,488
|
1,604,861
|
|
American Financial Group, Inc.
|
|
9,020
|
1,170,796
|
|
Annaly Capital Management, Inc.
|
|
88,273
|
1,928,765
|
|
Associated Banc-Corp
|
|
21,722
|
604,089
|
|
Bank OZK
|
|
13,991
|
677,025
|
|
Brighthouse Financial, Inc.(b)(c)
|
|
7,120
|
445,356
|
|
Carlyle Group, Inc. (The)
|
|
35,798
|
1,626,303
|
|
CNO Financial Group, Inc.
|
|
12,453
|
572,464
|
|
Columbia Banking System, Inc.
|
|
39,747
|
1,178,101
|
|
Commerce Bancshares, Inc.
|
|
17,024
|
888,993
|
|
Corebridge Financial, Inc.
|
|
36,693
|
990,711
|
|
Cullen/Frost Bankers, Inc.
|
|
8,284
|
1,122,648
|
|
East West Bancorp, Inc.
|
|
17,794
|
2,180,477
|
|
Essent Group Ltd.
|
|
12,744
|
737,750
|
|
Euronet Worldwide, Inc.(b)(c)
|
|
4,576
|
331,669
|
|
Evercore, Inc., Class A
|
|
5,177
|
1,764,632
|
|
F.N.B. Corp.
|
|
46,783
|
817,767
|
|
Federated Hermes, Inc., Class B
|
|
9,089
|
509,529
|
|
Fidelity National Financial, Inc.
|
|
35,680
|
1,689,448
|
|
First American Financial Corp.
|
|
14,027
|
929,008
|
|
First Financial Bankshares, Inc.
|
|
16,823
|
549,776
|
|
First Horizon Corp.
|
|
64,767
|
1,569,304
|
|
FirstCash Holdings, Inc.
|
|
4,869
|
1,070,742
|
|
Flagstar Bank N.A
|
|
38,265
|
538,006
|
|
Glacier Bancorp, Inc.(c)
|
|
16,267
|
773,496
|
|
Hamilton Lane, Inc., Class A
|
|
5,452
|
475,033
|
|
Hancock Whitney Corp.
|
|
10,968
|
747,140
|
|
Hanover Insurance Group, Inc. (The)
|
|
4,626
|
861,361
|
|
Home BancShares, Inc.
|
|
23,782
|
636,406
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Houlihan Lokey, Inc.
|
|
7,608
|
$1,077,749
|
|
International Bancshares Corp.
|
|
6,751
|
487,152
|
|
Janus Henderson Group PLC
|
|
15,882
|
821,258
|
|
Jefferies Financial Group, Inc.
|
|
23,665
|
1,247,619
|
|
Kinsale Capital Group, Inc.
|
|
2,980
|
908,215
|
|
MGIC Investment Corp.
|
|
28,603
|
721,368
|
|
Morningstar, Inc.
|
|
3,034
|
552,249
|
|
Old National Bancorp
|
|
45,920
|
1,102,539
|
|
Old Republic International Corp.
|
|
30,466
|
1,134,249
|
|
Pinnacle Financial Partners, Inc.
|
|
19,927
|
1,947,665
|
|
Primerica, Inc.
|
|
4,023
|
1,086,089
|
|
Prosperity Bancshares, Inc.
|
|
12,666
|
873,447
|
|
Reinsurance Group of America, Inc.
|
|
8,596
|
1,725,561
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
5,990
|
1,679,297
|
|
RLI Corp.
|
|
11,807
|
590,822
|
|
SEI Investments Co.
|
|
11,882
|
1,044,190
|
|
Selective Insurance Group, Inc.
|
|
8,248
|
713,782
|
|
SLM Corp.
|
|
22,979
|
508,296
|
|
SouthState Bank Corp.
|
|
13,514
|
1,280,452
|
|
Starwood Property Trust, Inc.(c)
|
|
43,316
|
739,837
|
|
Stifel Financial Corp.
|
|
19,448
|
1,364,277
|
|
Texas Capital Bancshares, Inc.
|
|
5,966
|
593,557
|
|
UMB Financial Corp.
|
|
9,258
|
1,215,205
|
|
United Bankshares, Inc.
|
|
18,309
|
794,794
|
|
Unum Group
|
|
19,029
|
1,583,784
|
|
Valley National Bancorp
|
|
63,218
|
870,512
|
|
Voya Financial, Inc.
|
|
11,973
|
972,447
|
|
Webster Financial Corp.
|
|
21,141
|
1,537,374
|
|
Western Alliance Bancorporation
|
|
14,857
|
1,183,360
|
|
WEX, Inc.(b)(c)
|
|
3,977
|
576,506
|
|
Wintrust Financial Corp.
|
|
8,956
|
1,345,460
|
|
Zions Bancorporation N.A.
|
|
19,278
|
1,203,911
|
|
|
|
|
63,630,960
|
|
Health Care-8.90%
|
|||
|
Arrowhead Pharmaceuticals, Inc.(b)
|
|
18,819
|
1,466,188
|
|
Avantor, Inc.(b)
|
|
92,829
|
846,601
|
|
BioMarin Pharmaceutical, Inc.(b)
|
|
24,580
|
1,408,188
|
|
Bio-Rad Laboratories, Inc., Class A(b)(c)
|
|
2,339
|
730,891
|
|
Bruker Corp.(c)
|
|
15,075
|
887,767
|
|
Chemed Corp.
|
|
1,800
|
767,538
|
|
Doximity, Inc., Class A(b)
|
|
17,056
|
364,998
|
|
Elanco Animal Health, Inc.(b)
|
|
69,892
|
1,666,924
|
|
Encompass Health Corp.
|
|
13,481
|
1,426,964
|
|
Ensign Group, Inc. (The)
|
|
7,318
|
1,226,863
|
|
Envista Holdings Corp.(b)
|
|
22,508
|
530,063
|
|
Exelixis, Inc.(b)
|
|
35,356
|
1,784,771
|
|
Globus Medical, Inc., Class A(b)
|
|
15,246
|
1,248,343
|
|
Haemonetics Corp.(b)
|
|
6,098
|
413,505
|
|
Halozyme Therapeutics, Inc.(b)
|
|
15,382
|
1,023,518
|
|
HealthEquity, Inc.(b)
|
|
10,459
|
920,287
|
|
Hims & Hers Health, Inc.(b)(c)
|
|
14,576
|
381,162
|
|
Illumina, Inc.(b)
|
|
21,114
|
3,440,737
|
|
Jazz Pharmaceuticals PLC(b)
|
|
7,780
|
1,839,892
|
|
Lantheus Holdings, Inc.(b)(c)
|
|
7,512
|
745,942
|
|
LivaNova PLC(b)
|
|
7,724
|
570,031
|
|
Masimo Corp.(b)(c)
|
|
5,690
|
1,015,381
|
|
Medpace Holdings, Inc.(b)
|
|
2,625
|
1,173,664
|
|
Neurocrine Biosciences, Inc.(b)
|
|
12,722
|
2,013,893
|
|
Option Care Health, Inc.(b)(c)
|
|
21,577
|
450,312
|
|
Penumbra, Inc.(b)(c)
|
|
5,014
|
1,595,956
|
|
Repligen Corp.(b)
|
|
7,124
|
883,020
|
|
Roivant Sciences Ltd.(b)
|
|
53,565
|
1,606,414
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Sotera Health Co.(b)
|
|
30,193
|
$472,219
|
|
Tenet Healthcare Corp.(b)
|
|
11,201
|
1,963,759
|
|
United Therapeutics Corp.(b)
|
|
4,973
|
2,769,066
|
|
|
|
|
37,634,857
|
|
Industrials-27.07%
|
|||
|
Acuity, Inc.(c)
|
|
4,312
|
1,315,634
|
|
Advanced Drainage Systems, Inc.
|
|
10,401
|
1,447,403
|
|
AECOM
|
|
17,707
|
1,228,335
|
|
AeroVironment, Inc.(b)(c)
|
|
4,818
|
998,482
|
|
AGCO Corp.
|
|
8,663
|
972,682
|
|
Alaska Air Group, Inc.(b)(c)
|
|
18,064
|
831,305
|
|
American Airlines Group, Inc.(b)(c)
|
|
97,702
|
1,430,357
|
|
API Group Corp.(b)
|
|
49,415
|
2,026,015
|
|
Applied Industrial Technologies, Inc.
|
|
4,931
|
1,498,087
|
|
ATI, Inc.(b)
|
|
17,624
|
3,087,020
|
|
Booz Allen Hamilton Holding Corp.
|
|
15,743
|
1,246,531
|
|
Brink’s Co. (The)
|
|
5,513
|
573,462
|
|
BWX Technologies, Inc.
|
|
11,997
|
2,349,972
|
|
CACI International, Inc., Class A(b)
|
|
2,781
|
1,428,071
|
|
Carlisle Cos., Inc.(c)
|
|
5,822
|
2,007,484
|
|
Carpenter Technology Corp.
|
|
6,067
|
2,845,302
|
|
Chart Industries, Inc.(b)
|
|
5,528
|
1,148,829
|
|
Clean Harbors, Inc.(b)(c)
|
|
6,354
|
1,785,665
|
|
CNH Industrial N.V.(c)
|
|
123,921
|
1,265,233
|
|
Concentrix Corp.
|
|
5,498
|
155,538
|
|
Core & Main, Inc., Class A(b)
|
|
26,256
|
1,298,359
|
|
Crane Co.
|
|
6,517
|
1,192,611
|
|
Curtiss-Wright Corp.
|
|
4,658
|
3,482,367
|
|
Donaldson Co., Inc.
|
|
15,179
|
1,242,705
|
|
Dycom Industries, Inc.(b)
|
|
4,142
|
2,112,420
|
|
EnerSys
|
|
4,727
|
1,077,614
|
|
ESAB Corp.
|
|
8,303
|
767,446
|
|
ExlService Holdings, Inc.(b)
|
|
20,238
|
587,509
|
|
Exponent, Inc.
|
|
6,467
|
377,155
|
|
Flowserve Corp.(c)
|
|
17,852
|
1,348,004
|
|
Fluor Corp.(b)
|
|
23,579
|
1,078,975
|
|
Fortune Brands Innovations, Inc.(c)
|
|
18,024
|
701,855
|
|
FTI Consulting, Inc.(b)(c)
|
|
3,812
|
583,922
|
|
GATX Corp.
|
|
4,695
|
793,831
|
|
Genpact Ltd.
|
|
20,497
|
675,376
|
|
Graco, Inc.
|
|
22,101
|
1,667,520
|
|
GXO Logistics, Inc.(b)(c)
|
|
16,428
|
823,207
|
|
Hexcel Corp.
|
|
10,873
|
976,287
|
|
ITT, Inc.
|
|
11,359
|
2,215,005
|
|
KBR, Inc.
|
|
17,758
|
620,642
|
|
Kirby Corp.(b)
|
|
6,966
|
979,350
|
|
Knight-Swift Transportation Holdings, Inc.
|
|
22,903
|
1,732,154
|
|
Kratos Defense & Security Solutions, Inc.(b)
|
|
20,447
|
1,311,266
|
|
Landstar System, Inc.
|
|
4,694
|
971,189
|
|
Lincoln Electric Holdings, Inc.
|
|
7,398
|
1,912,309
|
|
MasTec, Inc.(b)
|
|
7,515
|
2,843,451
|
|
Maximus, Inc.
|
|
7,205
|
446,206
|
|
Middleby Corp. (The)(b)
|
|
6,488
|
1,005,705
|
|
MSA Safety, Inc.
|
|
4,887
|
810,265
|
|
MSC Industrial Direct Co., Inc., Class A
|
|
5,791
|
633,941
|
|
Mueller Industries, Inc.
|
|
14,362
|
1,846,953
|
|
Nextpower, Inc., Class A(b)
|
|
16,695
|
2,611,098
|
|
nVent Electric PLC
|
|
21,463
|
3,584,106
|
|
Oshkosh Corp.
|
|
8,802
|
1,144,260
|
|
Parsons Corp.(b)(c)
|
|
7,464
|
441,122
|
|
Paylocity Holding Corp.(b)
|
|
5,143
|
591,085
|
|
RB Global, Inc. (Canada)
|
|
22,897
|
2,435,096
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
RBC Bearings, Inc.(b)(c)
|
|
4,047
|
$2,314,722
|
|
Regal Rexnord Corp.
|
|
9,058
|
1,827,542
|
|
Ryder System, Inc.
|
|
5,747
|
1,441,635
|
|
Saia, Inc.(b)
|
|
3,953
|
1,867,279
|
|
Science Applications International Corp.
|
|
5,780
|
602,276
|
|
Sensata Technologies Holding PLC(c)
|
|
19,174
|
947,004
|
|
Simpson Manufacturing Co., Inc.(c)
|
|
5,553
|
1,053,626
|
|
SPX Technologies, Inc.(b)
|
|
6,724
|
1,456,822
|
|
StandardAero, Inc.(b)(c)
|
|
26,137
|
748,564
|
|
Sterling Infrastructure, Inc.(b)
|
|
3,907
|
3,363,302
|
|
Terex Corp.
|
|
15,563
|
905,455
|
|
Tetra Tech, Inc.
|
|
34,593
|
950,962
|
|
Timken Co. (The)
|
|
8,291
|
1,061,082
|
|
Toro Co. (The)
|
|
12,419
|
1,116,220
|
|
TransUnion
|
|
26,606
|
1,903,925
|
|
UFP Industries, Inc.
|
|
8,255
|
668,655
|
|
UL Solutions, Inc., Class A
|
|
9,514
|
946,643
|
|
Valmont Industries, Inc.
|
|
2,633
|
1,368,660
|
|
Watsco, Inc.(c)
|
|
4,866
|
1,786,309
|
|
Watts Water Technologies, Inc., Class A
|
|
3,657
|
1,129,940
|
|
WESCO International, Inc.
|
|
6,634
|
2,396,002
|
|
Woodward, Inc.
|
|
7,504
|
2,626,625
|
|
XPO, Inc.(b)(c)
|
|
15,905
|
3,407,646
|
|
|
|
|
114,454,669
|
|
Information Technology-13.82%
|
|||
|
Advanced Energy Industries, Inc.
|
|
5,026
|
1,518,757
|
|
Allegro MicroSystems, Inc.(b)(c)
|
|
17,064
|
816,854
|
|
Amkor Technology, Inc.
|
|
15,484
|
1,077,067
|
|
AppFolio, Inc., Class A(b)(c)
|
|
2,859
|
460,785
|
|
Arrow Electronics, Inc.(b)
|
|
6,892
|
1,479,230
|
|
Avnet, Inc.
|
|
10,933
|
950,406
|
|
Belden, Inc.
|
|
5,695
|
598,431
|
|
Bentley Systems, Inc., Class B
|
|
17,562
|
573,224
|
|
BILL Holdings, Inc.(b)(c)
|
|
12,007
|
444,499
|
|
Blackbaud, Inc.(b)(c)
|
|
4,955
|
152,069
|
|
Cirrus Logic, Inc.(b)(c)
|
|
6,636
|
1,127,788
|
|
Cognex Corp.
|
|
22,349
|
1,471,682
|
|
Crane NXT Co.
|
|
6,727
|
261,277
|
|
Dolby Laboratories, Inc., Class A
|
|
7,954
|
443,913
|
|
Entegris, Inc.
|
|
21,581
|
2,995,227
|
|
Fabrinet (Thailand)(b)
|
|
4,654
|
3,044,461
|
|
Flex Ltd.(b)
|
|
45,916
|
6,923,214
|
|
IPG Photonics Corp.(b)(c)
|
|
3,440
|
393,949
|
|
Kyndryl Holdings, Inc.(b)
|
|
27,762
|
346,192
|
|
Lattice Semiconductor Corp.(b)
|
|
17,991
|
2,646,116
|
|
Littelfuse, Inc.
|
|
3,316
|
1,548,141
|
|
MACOM Technology Solutions Holdings,
Inc.(b)
|
|
8,917
|
3,251,495
|
|
Manhattan Associates, Inc.(b)
|
|
7,097
|
1,064,905
|
|
MKS, Inc.
|
|
9,140
|
2,963,736
|
|
Okta, Inc.(b)(c)
|
|
18,880
|
2,327,337
|
|
Onto Innovation, Inc.(b)
|
|
6,856
|
1,770,493
|
|
Pegasystems, Inc.(c)
|
|
11,469
|
409,787
|
|
Pure Storage, Inc., Class A(b)
|
|
40,318
|
3,205,684
|
|
Qualys, Inc.(b)
|
|
4,276
|
467,324
|
|
Rambus, Inc.(b)
|
|
14,485
|
2,106,988
|
|
Silicon Laboratories, Inc.(b)
|
|
4,156
|
904,346
|
|
Synaptics, Inc.(b)(c)
|
|
5,167
|
709,326
|
|
TD SYNNEX Corp.
|
|
9,384
|
2,451,851
|
|
TTM Technologies, Inc.(b)
|
|
14,098
|
2,449,104
|
|
Twilio, Inc., Class A(b)
|
|
18,076
|
3,446,009
|
|
UiPath, Inc., Class A(b)(c)
|
|
45,594
|
534,362
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Universal Display Corp.(c)
|
|
5,975
|
$550,417
|
|
Vontier Corp.
|
|
19,616
|
556,702
|
|
|
|
|
58,443,148
|
|
Materials-5.83%
|
|||
|
Alcoa Corp.
|
|
30,255
|
2,348,998
|
|
AptarGroup, Inc.
|
|
8,910
|
1,032,224
|
|
Ashland, Inc.
|
|
6,760
|
391,404
|
|
Avient Corp.
|
|
13,229
|
468,571
|
|
Axalta Coating Systems Ltd.(b)
|
|
31,355
|
964,793
|
|
Cabot Corp.
|
|
7,456
|
652,475
|
|
Cleveland-Cliffs, Inc.(b)(c)
|
|
81,617
|
1,109,991
|
|
Commercial Metals Co.
|
|
15,289
|
1,162,728
|
|
Crown Holdings, Inc.
|
|
15,563
|
1,479,730
|
|
Eagle Materials, Inc.(c)
|
|
4,679
|
1,034,901
|
|
Graphic Packaging Holding Co.(c)
|
|
43,874
|
494,021
|
|
Greif, Inc., Class A
|
|
3,504
|
221,908
|
|
Hecla Mining Co.
|
|
98,583
|
1,751,820
|
|
Knife River Corp.(b)(c)
|
|
7,859
|
617,010
|
|
Louisiana-Pacific Corp.(c)
|
|
8,696
|
664,201
|
|
MP Materials Corp.(b)(c)
|
|
15,887
|
1,027,889
|
|
NewMarket Corp.
|
|
1,016
|
785,957
|
|
Olin Corp.(c)
|
|
15,189
|
392,939
|
|
Reliance, Inc.
|
|
6,688
|
2,546,590
|
|
Royal Gold, Inc.
|
|
11,001
|
2,469,505
|
|
RPM International, Inc.
|
|
18,001
|
1,907,566
|
|
Silgan Holdings, Inc.
|
|
12,494
|
469,275
|
|
Sonoco Products Co.
|
|
13,063
|
635,907
|
|
|
|
|
24,630,403
|
|
Real Estate-6.75%
|
|||
|
Agree Realty Corp.
|
|
14,462
|
1,072,357
|
|
American Healthcare REIT, Inc.(c)
|
|
21,829
|
1,067,220
|
|
American Homes 4 Rent, Class A
|
|
42,345
|
1,358,428
|
|
Brixmor Property Group, Inc.
|
|
38,735
|
1,183,742
|
|
COPT Defense Properties
|
|
14,012
|
449,225
|
|
Cousins Properties, Inc.
|
|
21,305
|
571,187
|
|
CubeSmart
|
|
30,278
|
1,211,120
|
|
EastGroup Properties, Inc.
|
|
6,880
|
1,389,141
|
|
EPR Properties
|
|
9,945
|
567,362
|
|
Equity LifeStyle Properties, Inc.
|
|
24,274
|
1,499,405
|
|
First Industrial Realty Trust, Inc.
|
|
17,081
|
1,056,801
|
|
Gaming and Leisure Properties, Inc.
|
|
36,140
|
1,697,496
|
|
Healthcare Realty Trust, Inc.
|
|
44,214
|
880,743
|
|
Independence Realty Trust, Inc.
|
|
30,758
|
499,202
|
|
Jones Lang LaSalle, Inc.(b)
|
|
6,425
|
1,813,842
|
|
Kilroy Realty Corp.(c)
|
|
14,207
|
486,874
|
|
Kite Realty Group Trust(c)
|
|
27,107
|
743,274
|
|
Lamar Advertising Co., Class A
|
|
11,100
|
1,692,306
|
|
NNN REIT, Inc.(c)
|
|
23,863
|
1,062,142
|
|
Omega Healthcare Investors, Inc.
|
|
37,213
|
1,740,080
|
|
Park Hotels & Resorts, Inc.(c)
|
|
26,037
|
315,829
|
|
Rayonier, Inc.(c)
|
|
36,071
|
753,523
|
|
Rexford Industrial Realty, Inc.(c)
|
|
30,771
|
1,091,447
|
|
Sabra Health Care REIT, Inc.
|
|
30,949
|
615,576
|
|
STAG Industrial, Inc.
|
|
23,842
|
902,896
|
|
Vornado Realty Trust(c)
|
|
21,044
|
710,235
|
|
W.P. Carey, Inc.
|
|
28,583
|
2,127,147
|
|
|
|
|
28,558,600
|
|
Utilities-3.37%
|
|||
|
Black Hills Corp.
|
|
9,887
|
719,971
|
|
Essential Utilities, Inc.
|
|
35,559
|
1,311,772
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
IDACORP, Inc.(c)
|
|
6,923
|
$971,089
|
|
National Fuel Gas Co.
|
|
11,102
|
857,630
|
|
New Jersey Resources Corp.
|
|
12,606
|
696,482
|
|
NorthWestern Energy Group, Inc.
|
|
7,999
|
564,809
|
|
OGE Energy Corp.
|
|
26,287
|
1,241,535
|
|
ONE Gas, Inc.
|
|
7,597
|
590,591
|
|
Ormat Technologies, Inc.
|
|
7,252
|
995,192
|
|
Portland General Electric Co.
|
|
14,527
|
728,093
|
|
Southwest Gas Holdings, Inc.
|
|
8,130
|
700,887
|
|
Spire, Inc.
|
|
7,497
|
616,703
|
|
Talen Energy Corp.(b)
|
|
6,691
|
2,588,079
|
|
TXNM Energy, Inc.
|
|
12,331
|
730,119
|
|
UGI Corp.
|
|
27,007
|
943,084
|
|
|
|
|
14,256,036
|
|
Total Common Stocks & Other Equity Interests
(Cost $311,506,608)
|
422,425,770
|
||
|
Money Market Funds-0.05%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(d)(e)
(Cost $208,436)
|
|
208,436
|
208,436
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.95%
(Cost $311,715,044)
|
422,634,206
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-13.04%
|
|||
|
Invesco Private Government Fund,
3.58%(d)(e)(f)
|
|
15,043,735
|
$15,043,735
|
|
Invesco Private Prime Fund, 3.75%(d)(e)(f)
|
|
40,096,918
|
40,104,937
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $55,147,053)
|
55,148,672
|
||
|
TOTAL INVESTMENTS IN SECURITIES-112.99%
(Cost $366,862,097)
|
477,782,878
|
||
|
OTHER ASSETS LESS LIABILITIES-(12.99)%
|
(54,925,450
)
|
||
|
NET ASSETS-100.00%
|
$422,857,428
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at May 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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$-
|
$7,901,856
|
$(7,693,420
)
|
$-
|
$-
|
$208,436
|
$4,933
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
13,347,836
|
100,981,604
|
(99,285,705
)
|
-
|
-
|
15,043,735
|
344,183
*
|
|
Invesco Private Prime Fund
|
35,151,689
|
177,091,250
|
(172,131,960
)
|
(835
)
|
(5,207
)
|
40,104,937
|
938,373
*
|
|
Total
|
$48,499,525
|
$285,974,710
|
$(279,111,085
)
|
$(835
)
|
$(5,207
)
|
$55,357,108
|
$1,287,489
|
|
*
|
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 May 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-99.74%
|
|||
|
Consumer Discretionary-3.27%
|
|||
|
Autoliv, Inc. (Sweden)
|
|
60,790
|
$7,727,625
|
|
Penske Automotive Group, Inc.
|
|
43,952
|
7,356,246
|
|
Service Corp. International
|
|
111,090
|
8,352,857
|
|
|
|
|
23,436,728
|
|
Consumer Staples-2.45%
|
|||
|
Ingredion, Inc.(b)
|
|
106,718
|
10,825,474
|
|
Post Holdings, Inc.(b)(c)
|
|
72,789
|
6,684,942
|
|
|
|
|
17,510,416
|
|
Energy-2.44%
|
|||
|
Antero Midstream Corp.
|
|
427,570
|
8,961,867
|
|
DT Midstream, Inc.
|
|
60,536
|
8,473,830
|
|
|
|
|
17,435,697
|
|
Financials-27.69%
|
|||
|
American Financial Group, Inc.(b)
|
|
69,077
|
8,966,195
|
|
Annaly Capital Management, Inc.
|
|
430,770
|
9,412,325
|
|
Bank OZK
|
|
153,131
|
7,410,009
|
|
CNO Financial Group, Inc.
|
|
182,296
|
8,380,147
|
|
Commerce Bancshares, Inc.
|
|
166,929
|
8,717,032
|
|
Cullen/Frost Bankers, Inc.
|
|
58,809
|
7,969,796
|
|
Essent Group Ltd.
|
|
140,993
|
8,162,085
|
|
Federated Hermes, Inc., Class B
|
|
166,772
|
9,349,238
|
|
Hanover Insurance Group, Inc. (The)
|
|
50,060
|
9,321,172
|
|
Home BancShares, Inc.
|
|
310,423
|
8,306,919
|
|
Houlihan Lokey, Inc.
|
|
50,107
|
7,098,158
|
|
International Bancshares Corp.(b)
|
|
107,830
|
7,781,013
|
|
MGIC Investment Corp.
|
|
297,205
|
7,495,510
|
|
Old Republic International Corp.
|
|
207,673
|
7,731,666
|
|
Primerica, Inc.
|
|
32,030
|
8,647,139
|
|
Prosperity Bancshares, Inc.(b)
|
|
114,575
|
7,901,092
|
|
Reinsurance Group of America, Inc.
|
|
36,746
|
7,376,392
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
27,552
|
7,724,203
|
|
RLI Corp.
|
|
179,504
|
8,982,380
|
|
SEI Investments Co.
|
|
92,729
|
8,149,025
|
|
SouthState Bank Corp.
|
|
76,271
|
7,226,677
|
|
Starwood Property Trust, Inc.(b)
|
|
606,766
|
10,363,563
|
|
United Bankshares, Inc.
|
|
180,230
|
7,823,784
|
|
Unum Group
|
|
94,066
|
7,829,113
|
|
|
|
|
198,124,633
|
|
Health Care-1.08%
|
|||
|
Encompass Health Corp.
|
|
73,004
|
7,727,473
|
|
Industrials-8.57%
|
|||
|
Clean Harbors, Inc.(c)
|
|
26,780
|
7,525,983
|
|
FTI Consulting, Inc.(b)(c)
|
|
47,972
|
7,348,351
|
|
GATX Corp.(b)
|
|
41,914
|
7,086,819
|
|
Graco, Inc.(b)
|
|
121,033
|
9,131,940
|
|
MSA Safety, Inc.(b)
|
|
46,580
|
7,722,964
|
|
RB Global, Inc. (Canada)
|
|
70,124
|
7,457,687
|
|
RBC Bearings, Inc.(c)
|
|
12,477
|
7,136,345
|
|
Watts Water Technologies, Inc., Class A
|
|
25,570
|
7,900,619
|
|
|
|
|
61,310,708
|
|
Information Technology-1.14%
|
|||
|
Dolby Laboratories, Inc., Class A(b)
|
|
145,942
|
8,145,023
|
|
Materials-3.12%
|
|||
|
AptarGroup, Inc.(b)
|
|
62,223
|
7,208,535
|
|
Crown Holdings, Inc.
|
|
78,606
|
7,473,858
|
|
Reliance, Inc.
|
|
20,012
|
7,619,969
|
|
|
|
|
22,302,362
|
|
|
Shares
|
Value
|
|
|
Real Estate-30.50%
|
|||
|
Agree Realty Corp.
|
|
154,113
|
$11,427,479
|
|
American Healthcare REIT, Inc.(b)
|
|
158,800
|
7,763,732
|
|
American Homes 4 Rent, Class A
|
|
295,748
|
9,487,596
|
|
Brixmor Property Group, Inc.(b)
|
|
325,196
|
9,937,990
|
|
CareTrust REIT, Inc.(b)
|
|
210,411
|
8,588,977
|
|
COPT Defense Properties
|
|
331,322
|
10,622,183
|
|
Cousins Properties, Inc.
|
|
276,123
|
7,402,858
|
|
CubeSmart
|
|
213,520
|
8,540,800
|
|
EastGroup Properties, Inc.
|
|
50,821
|
10,261,268
|
|
EPR Properties
|
|
148,640
|
8,479,912
|
|
Equity LifeStyle Properties, Inc.
|
|
170,710
|
10,544,757
|
|
First Industrial Realty Trust, Inc.
|
|
152,429
|
9,430,782
|
|
Gaming and Leisure Properties, Inc.
|
|
220,729
|
10,367,641
|
|
Healthcare Realty Trust, Inc.(b)
|
|
435,757
|
8,680,279
|
|
Independence Realty Trust, Inc.
|
|
530,585
|
8,611,395
|
|
Kite Realty Group Trust(b)
|
|
346,005
|
9,487,457
|
|
Lamar Advertising Co., Class A
|
|
63,972
|
9,753,171
|
|
NNN REIT, Inc.(b)
|
|
257,722
|
11,471,206
|
|
Omega Healthcare Investors, Inc.
|
|
208,296
|
9,739,921
|
|
Rexford Industrial Realty, Inc.(b)
|
|
213,275
|
7,564,864
|
|
Sabra Health Care REIT, Inc.(b)
|
|
464,391
|
9,236,737
|
|
STAG Industrial, Inc.(b)
|
|
246,550
|
9,336,849
|
|
W.P. Carey, Inc.
|
|
154,728
|
11,514,858
|
|
|
|
|
218,252,712
|
|
Utilities-19.48%
|
|||
|
Black Hills Corp.
|
|
125,225
|
9,118,884
|
|
Essential Utilities, Inc.
|
|
230,208
|
8,492,373
|
|
IDACORP, Inc.(b)
|
|
79,273
|
11,119,624
|
|
National Fuel Gas Co.
|
|
114,570
|
8,850,533
|
|
New Jersey Resources Corp.
|
|
203,702
|
11,254,535
|
|
NorthWestern Energy Group, Inc.
|
|
124,653
|
8,801,748
|
|
OGE Energy Corp.
|
|
253,616
|
11,978,284
|
|
ONE Gas, Inc.(b)
|
|
122,149
|
9,495,863
|
|
Portland General Electric Co.
|
|
213,318
|
10,691,498
|
|
Southwest Gas Holdings, Inc.
|
|
100,704
|
8,681,692
|
|
Spire, Inc.
|
|
120,612
|
9,921,543
|
|
TXNM Energy, Inc.
|
|
371,360
|
21,988,226
|
|
UGI Corp.
|
|
258,101
|
9,012,887
|
|
|
|
|
139,407,690
|
|
Total Common Stocks & Other Equity Interests
(Cost $665,724,194)
|
713,653,442
|
||
|
Money Market Funds-0.10%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(d)(e)
(Cost $747,144)
|
|
747,144
|
747,144
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.84%
(Cost $666,471,338)
|
714,400,586
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-14.17%
|
|||
|
Invesco Private Government Fund,
3.58%(d)(e)(f)
|
|
28,184,800
|
28,184,800
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.75%(d)(e)(f)
|
|
73,156,081
|
$73,170,712
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $101,355,512)
|
101,355,512
|
||
|
TOTAL INVESTMENTS IN SECURITIES-114.01%
(Cost $767,826,850)
|
815,756,098
|
||
|
OTHER ASSETS LESS LIABILITIES-(14.01)%
|
(100,215,187
)
|
||
|
NET ASSETS-100.00%
|
$715,540,911
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at May 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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$536,778
|
$55,898,056
|
$(55,687,690
)
|
$-
|
$-
|
$747,144
|
$29,923
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
28,858,966
|
219,023,637
|
(219,697,803
)
|
-
|
-
|
28,184,800
|
607,869
*
|
|
Invesco Private Prime
Fund
|
75,111,105
|
474,484,895
|
(476,416,180
)
|
(5,066
)
|
(4,042
)
|
73,170,712
|
1,673,083
*
|
|
Total
|
$104,506,849
|
$749,406,588
|
$(751,801,673
)
|
$(5,066
)
|
$(4,042
)
|
$102,102,656
|
$2,310,875
|
|
*
|
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 May 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-99.92%
|
|||
|
Communication Services-2.21%
|
|||
|
Cable One, Inc.(b)(c)
|
|
589
|
$30,952
|
|
CarGurus, Inc.(b)(c)
|
|
12,143
|
362,590
|
|
Cinemark Holdings, Inc.
|
|
17,255
|
483,140
|
|
DoubleVerify Holdings, Inc.(b)
|
|
20,342
|
197,317
|
|
IAC, Inc.(b)(c)
|
|
10,132
|
454,825
|
|
Iridium Communications, Inc.
|
|
15,577
|
806,577
|
|
John Wiley & Sons, Inc., Class A(c)
|
|
5,300
|
223,024
|
|
QuinStreet, Inc.(b)
|
|
8,555
|
107,109
|
|
Scholastic Corp.
|
|
3,508
|
142,074
|
|
Shenandoah Telecommunications Co.(c)
|
|
6,504
|
103,739
|
|
Shutterstock, Inc.
|
|
3,786
|
56,374
|
|
Telephone and Data Systems, Inc.
|
|
15,390
|
601,903
|
|
TripAdvisor, Inc.(b)(c)
|
|
18,511
|
206,953
|
|
Uniti Group, Inc.(b)(c)
|
|
24,022
|
269,527
|
|
Versant Media Group, Inc.
|
|
19,516
|
841,920
|
|
Yelp, Inc.(b)(c)
|
|
8,060
|
183,768
|
|
Ziff Davis, Inc.(b)(c)
|
|
4,020
|
181,181
|
|
|
|
|
5,252,973
|
|
Consumer Discretionary-13.24%
|
|||
|
Academy Sports & Outdoors, Inc.
|
|
10,656
|
562,637
|
|
Acushnet Holdings Corp.
|
|
4,564
|
405,192
|
|
Adient PLC(b)
|
|
13,881
|
317,320
|
|
ADT, Inc.
|
|
95,220
|
638,926
|
|
Advance Auto Parts, Inc.(c)
|
|
9,207
|
554,630
|
|
American Eagle Outfitters, Inc.(c)
|
|
32,753
|
517,497
|
|
Asbury Automotive Group, Inc.(b)
|
|
3,203
|
601,235
|
|
BJ’s Restaurants, Inc.(b)(c)
|
|
3,563
|
167,639
|
|
Boot Barn Holdings, Inc.(b)
|
|
5,242
|
890,459
|
|
Brinker International, Inc.(b)(c)
|
|
7,030
|
1,000,931
|
|
Buckle, Inc. (The)
|
|
4,883
|
223,983
|
|
Caesars Entertainment, Inc.(b)(c)
|
|
27,060
|
786,093
|
|
Callaway Golf Co.(b)
|
|
21,605
|
332,717
|
|
CarMax, Inc.(b)
|
|
23,008
|
1,026,617
|
|
Carter’s, Inc.
|
|
5,433
|
209,659
|
|
Cavco Industries, Inc.(b)
|
|
1,363
|
731,277
|
|
Century Communities, Inc.
|
|
4,483
|
236,792
|
|
Champion Homes, Inc.(b)
|
|
10,234
|
753,529
|
|
Cheesecake Factory, Inc. (The)
|
|
7,546
|
498,338
|
|
Covista, Inc.(b)
|
|
5,423
|
638,829
|
|
Cracker Barrel Old Country Store, Inc.(c)
|
|
3,981
|
134,637
|
|
Dana, Inc.
|
|
19,206
|
680,084
|
|
Dauch Corp.(b)(c)
|
|
42,507
|
282,247
|
|
Dorman Products, Inc.(b)
|
|
4,765
|
590,479
|
|
Dream Finders Homes, Inc., Class A(b)(c)
|
|
5,149
|
79,604
|
|
Ethan Allen Interiors, Inc.
|
|
3,660
|
75,469
|
|
Fox Factory Holding Corp.(b)
|
|
6,666
|
120,255
|
|
Frontdoor, Inc.(b)(c)
|
|
11,896
|
738,385
|
|
Gentherm, Inc.(b)(c)
|
|
5,289
|
183,475
|
|
G-III Apparel Group Ltd.(c)
|
|
5,874
|
189,906
|
|
Green Brick Partners, Inc.(b)
|
|
5,278
|
354,998
|
|
Group 1 Automotive, Inc.
|
|
1,977
|
625,404
|
|
Installed Building Products, Inc.
|
|
4,069
|
854,409
|
|
Kohl’s Corp.
|
|
20,335
|
292,011
|
|
Kontoor Brands, Inc.
|
|
7,729
|
554,710
|
|
La-Z-Boy, Inc.
|
|
6,783
|
254,905
|
|
LCI Industries
|
|
3,949
|
430,520
|
|
Leggett & Platt, Inc.
|
|
23,092
|
237,155
|
|
LGI Homes, Inc.(b)(c)
|
|
3,929
|
187,846
|
|
LKQ Corp.
|
|
42,100
|
1,141,752
|
|
M/I Homes, Inc.(b)
|
|
4,403
|
579,523
|
|
MarineMax, Inc.(b)(c)
|
|
3,224
|
111,035
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Marriott Vacations Worldwide Corp.
|
|
3,993
|
$338,926
|
|
Matthews International Corp., Class A(c)
|
|
4,785
|
126,994
|
|
Meritage Homes Corp.
|
|
12,525
|
817,131
|
|
Mohawk Industries, Inc.(b)
|
|
9,426
|
1,012,541
|
|
Monarch Casino & Resort, Inc.
|
|
1,846
|
222,000
|
|
Monro, Inc.(c)
|
|
5,718
|
94,061
|
|
National Vision Holdings, Inc.(b)(c)
|
|
12,249
|
205,171
|
|
Newell Brands, Inc.
|
|
67,958
|
231,057
|
|
OneSpaWorld Holdings Ltd. (Bahamas)(c)
|
|
16,212
|
385,035
|
|
Oxford Industries, Inc.(c)
|
|
2,252
|
100,484
|
|
Papa John’s International, Inc.(c)
|
|
4,026
|
137,729
|
|
Patrick Industries, Inc.(c)
|
|
5,509
|
498,675
|
|
Perdoceo Education Corp.
|
|
8,963
|
290,222
|
|
Phinia, Inc.
|
|
6,625
|
511,848
|
|
Pursuit Attractions and Hospitality, Inc.(b)(c)
|
|
3,024
|
135,385
|
|
Red Rock Resorts, Inc., Class A
|
|
7,672
|
447,891
|
|
Sally Beauty Holdings, Inc.(b)(c)
|
|
16,040
|
213,011
|
|
Shake Shack, Inc., Class A(b)
|
|
6,432
|
413,642
|
|
Signet Jewelers Ltd.(c)
|
|
7,084
|
619,071
|
|
Sonic Automotive, Inc., Class A(c)
|
|
2,316
|
191,348
|
|
Sonos, Inc.(b)
|
|
20,107
|
317,288
|
|
Standard Motor Products, Inc.
|
|
3,475
|
136,185
|
|
Steven Madden Ltd.
|
|
11,860
|
515,198
|
|
Strategic Education, Inc.
|
|
3,706
|
284,436
|
|
Stride, Inc.(b)(c)
|
|
6,583
|
608,138
|
|
Under Armour, Inc., Class A(b)(c)
|
|
52,909
|
310,576
|
|
Upbound Group, Inc.(c)
|
|
9,336
|
179,345
|
|
Urban Outfitters, Inc.(b)(c)
|
|
8,428
|
612,294
|
|
Victoria’s Secret & Co.(b)(c)
|
|
17,117
|
941,435
|
|
Wendy’s Co. (The)(c)
|
|
26,162
|
201,447
|
|
Winnebago Industries, Inc.
|
|
5,047
|
149,845
|
|
Wolverine World Wide, Inc.
|
|
13,639
|
239,364
|
|
XPEL, Inc.(b)(c)(d)
|
|
4,243
|
193,990
|
|
|
|
|
31,474,872
|
|
Consumer Staples-2.32%
|
|||
|
Andersons, Inc. (The)
|
|
4,985
|
351,891
|
|
Cal-Maine Foods, Inc.(c)
|
|
6,931
|
517,884
|
|
Central Garden & Pet Co., Class A(b)
|
|
10,075
|
343,860
|
|
Chefs’ Warehouse, Inc. (The)(b)
|
|
6,164
|
471,793
|
|
Edgewell Personal Care Co.
|
|
8,108
|
142,052
|
|
Energizer Holdings, Inc.(c)
|
|
11,490
|
209,348
|
|
Fresh Del Monte Produce, Inc.
|
|
5,255
|
168,896
|
|
Grocery Outlet Holding Corp.(b)(c)
|
|
23,903
|
203,414
|
|
Interparfums, Inc.
|
|
3,051
|
287,923
|
|
J&J Snack Foods Corp.
|
|
2,518
|
191,670
|
|
John B. Sanfilippo & Son, Inc.
|
|
1,495
|
111,990
|
|
National Beverage Corp.(b)
|
|
3,758
|
139,008
|
|
PriceSmart, Inc.
|
|
4,127
|
701,549
|
|
Reynolds Consumer Products, Inc.
|
|
9,642
|
208,942
|
|
Simply Good Foods Co. (The)(b)
|
|
16,159
|
186,152
|
|
Tootsie Roll Industries, Inc.(c)
|
|
3,106
|
117,127
|
|
United Natural Foods, Inc.(b)
|
|
8,757
|
449,672
|
|
Universal Corp.
|
|
3,916
|
203,123
|
|
Vital Farms, Inc.(b)(c)
|
|
6,770
|
67,768
|
|
WD-40 Co.
|
|
2,177
|
435,335
|
|
|
|
|
5,509,397
|
|
Energy-5.63%
|
|||
|
Archrock, Inc.
|
|
26,545
|
888,992
|
|
Atlas Energy Solutions, Inc.(c)
|
|
8,533
|
142,416
|
|
Bristow Group, Inc.
|
|
4,127
|
171,848
|
|
Cactus, Inc., Class A
|
|
11,788
|
684,176
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
California Resources Corp.
|
|
11,323
|
$671,341
|
|
Comstock Resources, Inc.(b)(c)
|
|
11,864
|
158,147
|
|
Core Laboratories, Inc.(c)
|
|
7,591
|
103,769
|
|
Core Natural Resources, Inc.
|
|
6,751
|
597,058
|
|
Crescent Energy Co., Class A
|
|
36,323
|
419,894
|
|
CVR Energy, Inc.(c)
|
|
3,909
|
129,857
|
|
Dorian LPG Ltd.
|
|
6,594
|
265,211
|
|
Helix Energy Solutions Group, Inc.(b)
|
|
21,161
|
197,855
|
|
Helmerich & Payne, Inc.
|
|
15,484
|
590,715
|
|
Innovex International, Inc.(b)(c)
|
|
6,001
|
160,287
|
|
International Seaways, Inc.
|
|
6,676
|
515,320
|
|
Kodiak Gas Services, Inc.
|
|
12,288
|
821,453
|
|
Liberty Energy, Inc., Class A
|
|
23,388
|
684,333
|
|
Magnolia Oil & Gas Corp., Class A
|
|
27,060
|
740,362
|
|
Noble Corp. PLC
|
|
19,351
|
899,434
|
|
Northern Oil and Gas, Inc.
|
|
14,327
|
311,899
|
|
Oceaneering International, Inc.(b)(c)
|
|
15,398
|
588,666
|
|
Par Pacific Holdings, Inc.(b)
|
|
6,490
|
364,478
|
|
Patterson-UTI Energy, Inc.
|
|
45,951
|
515,111
|
|
Peabody Energy Corp.
|
|
17,117
|
463,015
|
|
REX American Resources Corp.(b)
|
|
3,897
|
182,224
|
|
RPC, Inc.(c)
|
|
12,283
|
81,313
|
|
SM Energy Co.
|
|
31,461
|
966,167
|
|
Talos Energy, Inc.(b)
|
|
17,538
|
257,282
|
|
Tidewater, Inc.(b)(c)
|
|
7,350
|
540,151
|
|
World Kinect Corp.
|
|
8,983
|
258,800
|
|
|
|
|
13,371,574
|
|
Financials-18.77%
|
|||
|
Acadian Asset Management, Inc.
|
|
4,289
|
310,138
|
|
Adamas Trust, Inc.
|
|
13,114
|
120,649
|
|
Ameris Bancorp
|
|
10,139
|
854,819
|
|
AMERISAFE, Inc.
|
|
2,845
|
87,199
|
|
Apollo Commercial Real Estate Finance, Inc.
|
|
20,094
|
220,230
|
|
Arbor Realty Trust, Inc.
|
|
29,930
|
172,098
|
|
ARMOUR Residential REIT, Inc.(c)
|
|
17,208
|
295,117
|
|
Artisan Partners Asset Management, Inc.,
Class A
|
|
12,048
|
451,077
|
|
Assured Guaranty Ltd.(c)
|
|
6,824
|
506,409
|
|
Atlantic Union Bankshares Corp., Class B
|
|
23,346
|
878,277
|
|
Axos Financial, Inc.(b)
|
|
8,794
|
764,287
|
|
Banc of California, Inc.
|
|
22,756
|
437,370
|
|
BancFirst Corp.(c)
|
|
3,275
|
361,200
|
|
Bancorp, Inc. (The)(b)
|
|
6,735
|
371,503
|
|
Bank of Hawaii Corp.
|
|
6,278
|
480,895
|
|
BankUnited, Inc.
|
|
12,286
|
569,948
|
|
Banner Corp.
|
|
5,197
|
337,805
|
|
Beacon Financial Corp.
|
|
13,464
|
391,668
|
|
BGC Group, Inc., Class A
|
|
57,591
|
601,826
|
|
Blackstone Mortgage Trust, Inc., Class A(c)
|
|
24,619
|
450,035
|
|
Bread Financial Holdings, Inc.
|
|
6,715
|
598,105
|
|
Capitol Federal Financial, Inc.
|
|
19,019
|
147,778
|
|
Cathay General Bancorp
|
|
10,882
|
627,456
|
|
Central Pacific Financial Corp.
|
|
4,232
|
145,412
|
|
City Holding Co.
|
|
2,283
|
283,800
|
|
Cohen & Steers, Inc.
|
|
4,458
|
311,168
|
|
Community Financial System, Inc.
|
|
8,511
|
541,640
|
|
Customers Bancorp, Inc.(b)
|
|
4,951
|
372,018
|
|
CVB Financial Corp.(c)
|
|
20,253
|
412,351
|
|
Dime Community Bancshares, Inc., Class B(c)
|
|
6,337
|
237,131
|
|
Donnelley Financial Solutions, Inc.(b)
|
|
4,136
|
164,158
|
|
Eagle Bancorp, Inc.(c)
|
|
4,376
|
119,421
|
|
Ellington Financial, Inc.
|
|
16,935
|
229,808
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Employers Holdings, Inc.
|
|
3,570
|
$155,295
|
|
Enact Holdings, Inc.
|
|
4,568
|
190,897
|
|
Encore Capital Group, Inc.(b)
|
|
3,461
|
276,638
|
|
Enova International, Inc.(b)
|
|
3,799
|
613,577
|
|
EVERTEC, Inc.
|
|
9,698
|
237,310
|
|
EZCORP, Inc., Class A(b)(c)
|
|
9,129
|
285,190
|
|
FB Financial Corp.
|
|
6,578
|
346,595
|
|
First Bancorp
|
|
25,164
|
603,433
|
|
First Bancorp/Southern Pines NC(c)
|
|
6,650
|
391,220
|
|
First Commonwealth Financial Corp.
|
|
16,563
|
313,703
|
|
First Financial Bancorp
|
|
16,583
|
510,093
|
|
First Hawaiian, Inc.
|
|
19,619
|
529,321
|
|
First Interstate BancSystem, Inc., Class A(c)
|
|
14,124
|
502,814
|
|
Franklin BSP Realty Trust, Inc.
|
|
12,487
|
108,262
|
|
Fulton Financial Corp.
|
|
28,453
|
617,146
|
|
Genworth Financial, Inc., Class A(b)
|
|
62,833
|
537,850
|
|
HA Sustainable Infrastructure Capital, Inc.
|
|
19,611
|
804,051
|
|
Hanmi Financial Corp.
|
|
4,685
|
141,112
|
|
HCI Group, Inc.
|
|
1,839
|
283,335
|
|
Heritage Financial Corp.
|
|
5,409
|
147,395
|
|
Hilltop Holdings, Inc.
|
|
6,916
|
260,872
|
|
Hope Bancorp, Inc.
|
|
20,485
|
256,882
|
|
Horace Mann Educators Corp.
|
|
6,402
|
292,763
|
|
Independent Bank Corp.
|
|
7,892
|
624,099
|
|
Jackson Financial, Inc., Class A
|
|
10,670
|
1,100,184
|
|
Lakeland Financial Corp.(c)
|
|
3,996
|
242,277
|
|
Lincoln National Corp.
|
|
26,943
|
950,818
|
|
MarketAxess Holdings, Inc.
|
|
6,151
|
799,876
|
|
Merchants Bancorp(c)
|
|
4,515
|
212,837
|
|
Mercury General Corp.
|
|
4,187
|
410,452
|
|
Moelis & Co., Class A
|
|
12,330
|
829,686
|
|
National Bank Holdings Corp., Class A
|
|
5,910
|
247,215
|
|
NBT Bancorp, Inc.
|
|
8,369
|
386,983
|
|
NCR Atleos Corp.(b)(c)
|
|
11,329
|
505,273
|
|
NMI Holdings, Inc., Class A(b)
|
|
12,563
|
451,012
|
|
Northwest Bancshares, Inc.
|
|
22,752
|
321,941
|
|
OFG Bancorp
|
|
6,899
|
314,318
|
|
Palomar Holdings, Inc.(b)
|
|
4,209
|
450,531
|
|
Park National Corp.
|
|
2,307
|
395,789
|
|
Pathward Financial, Inc.
|
|
3,548
|
291,788
|
|
Payoneer Global, Inc.(b)
|
|
41,176
|
214,115
|
|
PennyMac Mortgage Investment Trust
|
|
13,833
|
144,693
|
|
Piper Sandler Cos.
|
|
10,462
|
820,325
|
|
PJT Partners, Inc., Class A
|
|
4,009
|
612,976
|
|
Preferred Bank
|
|
1,727
|
165,481
|
|
ProAssurance Corp.(b)(c)
|
|
7,864
|
188,657
|
|
PROG Holdings, Inc.
|
|
7,112
|
261,508
|
|
Provident Financial Services, Inc.
|
|
20,627
|
457,713
|
|
Radian Group, Inc.
|
|
22,057
|
753,247
|
|
Renasant Corp.
|
|
15,147
|
616,786
|
|
S&T Bancorp, Inc.
|
|
6,102
|
275,139
|
|
Safety Insurance Group, Inc.
|
|
2,482
|
174,162
|
|
Seacoast Banking Corp. of Florida
|
|
15,175
|
459,954
|
|
ServisFirst Bancshares, Inc.
|
|
8,446
|
658,704
|
|
Sezzle, Inc.(b)(c)
|
|
2,749
|
324,794
|
|
Simmons First National Corp., Class A
|
|
23,207
|
497,790
|
|
SiriusPoint Ltd.(b)
|
|
16,614
|
354,709
|
|
Southside Bancshares, Inc.
|
|
4,520
|
148,075
|
|
Stellar Bancorp, Inc.
|
|
7,513
|
280,535
|
|
Stewart Information Services Corp.
|
|
4,829
|
313,788
|
|
StoneX Group, Inc.(b)
|
|
12,744
|
1,444,532
|
|
Tompkins Financial Corp.
|
|
2,002
|
172,472
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Triumph Financial, Inc.(b)(c)
|
|
3,374
|
$240,398
|
|
Trupanion, Inc.(b)(c)
|
|
5,300
|
115,646
|
|
TrustCo Bank Corp.
|
|
2,824
|
146,311
|
|
Trustmark Corp.
|
|
9,543
|
421,419
|
|
United Community Banks, Inc.
|
|
19,722
|
649,840
|
|
United Fire Group, Inc.
|
|
3,547
|
157,239
|
|
Victory Capital Holdings, Inc., Class A
|
|
7,542
|
637,676
|
|
Virtu Financial, Inc., Class A
|
|
12,588
|
631,288
|
|
Virtus Investment Partners, Inc.(c)
|
|
1,013
|
144,889
|
|
WaFd, Inc.
|
|
12,337
|
438,704
|
|
Walker & Dunlop, Inc.
|
|
5,076
|
254,764
|
|
Westamerica Bancorporation
|
|
3,866
|
214,524
|
|
Western Union Co. (The)(c)
|
|
47,965
|
389,955
|
|
WisdomTree, Inc.
|
|
19,325
|
368,141
|
|
World Acceptance Corp.(b)(c)
|
|
439
|
72,475
|
|
WSFS Financial Corp.
|
|
8,529
|
609,397
|
|
|
|
|
44,626,450
|
|
Health Care-11.11%
|
|||
|
Acadia Healthcare Co., Inc.(b)(c)
|
|
13,836
|
320,995
|
|
Acadia Pharmaceuticals, Inc.(b)
|
|
21,555
|
466,881
|
|
AdaptHealth Corp.(b)
|
|
15,503
|
157,045
|
|
Addus HomeCare Corp.(b)(c)
|
|
2,800
|
256,704
|
|
ADMA Biologics, Inc.(b)(c)
|
|
36,144
|
288,429
|
|
Alkermes PLC(b)(c)
|
|
27,566
|
1,163,010
|
|
AMN Healthcare Services, Inc.(b)
|
|
5,650
|
163,681
|
|
Amneal Pharmaceuticals, Inc.(b)
|
|
28,420
|
374,291
|
|
Amphastar Pharmaceuticals, Inc.(b)(c)
|
|
5,803
|
109,387
|
|
ANI Pharmaceuticals, Inc.(b)(c)
|
|
2,661
|
208,915
|
|
Arcus Biosciences, Inc.(b)
|
|
10,885
|
275,826
|
|
Artivion, Inc.(b)
|
|
6,720
|
149,117
|
|
Astrana Health, Inc.(b)(c)
|
|
5,541
|
208,452
|
|
Avanos Medical, Inc.(b)
|
|
7,500
|
186,000
|
|
Azenta, Inc.(b)(c)
|
|
7,318
|
167,436
|
|
BioLife Solutions, Inc.(b)(c)
|
|
7,556
|
188,296
|
|
BrightSpring Health Services, Inc.(b)
|
|
17,511
|
1,080,078
|
|
Catalyst Pharmaceuticals, Inc.(b)
|
|
16,813
|
525,070
|
|
Certara, Inc.(b)(c)
|
|
19,325
|
112,472
|
|
Collegium Pharmaceutical, Inc.(b)
|
|
5,652
|
189,964
|
|
Concentra Group Holdings Parent, Inc.
|
|
19,590
|
487,203
|
|
CONMED Corp.(c)
|
|
5,670
|
202,419
|
|
Corcept Therapeutics, Inc.(b)(c)
|
|
15,228
|
1,058,194
|
|
CorVel Corp.(b)
|
|
4,744
|
292,942
|
|
Cytek Biosciences, Inc.(b)(c)
|
|
18,019
|
75,500
|
|
Embecta Corp.
|
|
10,145
|
34,290
|
|
Fortrea Holdings, Inc.(b)
|
|
16,072
|
247,348
|
|
Glaukos Corp.(b)
|
|
10,327
|
1,067,295
|
|
Harmony Biosciences Holdings, Inc.(b)
|
|
6,022
|
190,235
|
|
HealthStream, Inc.
|
|
3,739
|
93,363
|
|
ICU Medical, Inc.(b)
|
|
4,273
|
578,521
|
|
Indivior Pharmaceuticals, Inc.(b)
|
|
19,149
|
689,747
|
|
Innoviva, Inc.(b)
|
|
11,119
|
238,169
|
|
Inspire Medical Systems, Inc.(b)(c)
|
|
4,348
|
179,833
|
|
Integer Holdings Corp.(b)
|
|
5,472
|
489,087
|
|
Krystal Biotech, Inc.(b)(c)
|
|
4,287
|
1,324,812
|
|
Ligand Pharmaceuticals, Inc.(b)
|
|
2,711
|
628,844
|
|
Merit Medical Systems, Inc.(b)
|
|
10,028
|
632,366
|
|
National HealthCare Corp.
|
|
1,998
|
368,471
|
|
Neogen Corp.(b)
|
|
37,828
|
339,317
|
|
NeoGenomics, Inc.(b)(c)
|
|
22,738
|
239,204
|
|
OmniAb, Inc., Rts., expiring
11/02/2027(b)(c)(e)
|
|
762
|
0
|
|
OmniAb, Inc., Rts., expiring 11/02/2027(b)(e)
|
|
762
|
0
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Omnicell, Inc.(b)
|
|
7,523
|
$332,065
|
|
Organon & Co.
|
|
45,489
|
606,823
|
|
Pacira BioSciences, Inc.(b)
|
|
6,284
|
145,914
|
|
Pediatrix Medical Group, Inc.(b)
|
|
13,136
|
282,949
|
|
Perrigo Co. PLC
|
|
28,347
|
313,234
|
|
Phibro Animal Health Corp., Class A
|
|
3,409
|
104,963
|
|
Prestige Consumer Healthcare, Inc.(b)
|
|
7,919
|
376,390
|
|
Privia Health Group, Inc.(b)
|
|
19,162
|
412,175
|
|
Progyny, Inc.(b)(c)
|
|
12,381
|
316,458
|
|
Protagonist Therapeutics, Inc.(b)
|
|
8,650
|
861,194
|
|
PTC Therapeutics, Inc.(b)
|
|
12,853
|
949,194
|
|
QuidelOrtho Corp.(b)
|
|
13,044
|
169,833
|
|
RadNet, Inc.(b)(c)
|
|
12,137
|
673,968
|
|
Sarepta Therapeutics, Inc.(b)(c)
|
|
15,274
|
272,946
|
|
Schrodinger, Inc.(b)(c)
|
|
8,090
|
122,968
|
|
Select Medical Holdings Corp.
|
|
15,566
|
256,839
|
|
Supernus Pharmaceuticals, Inc.(b)
|
|
9,082
|
419,407
|
|
Teleflex, Inc.
|
|
7,418
|
954,252
|
|
TG Therapeutics, Inc.(b)(c)
|
|
22,422
|
850,691
|
|
TransMedics Group, Inc.(b)(c)
|
|
5,930
|
398,496
|
|
U.S. Physical Therapy, Inc.(c)
|
|
2,405
|
154,545
|
|
UFP Technologies, Inc.(b)(c)
|
|
1,205
|
265,221
|
|
Veracyte, Inc.(b)(c)
|
|
13,697
|
634,719
|
|
Vir Biotechnology, Inc.(b)(c)
|
|
13,326
|
127,130
|
|
Waystar Holding Corp.(b)(c)
|
|
18,464
|
367,618
|
|
|
|
|
26,419,201
|
|
Industrials-17.51%
|
|||
|
AAR Corp.(b)
|
|
6,500
|
732,030
|
|
ABM Industries, Inc.
|
|
10,273
|
401,263
|
|
Alamo Group, Inc.
|
|
2,000
|
301,420
|
|
Albany International Corp., Class A
|
|
4,595
|
297,251
|
|
Allegiant Travel Co.(b)
|
|
2,599
|
238,094
|
|
Amentum Holdings, Inc.(b)
|
|
25,156
|
584,374
|
|
Apogee Enterprises, Inc.
|
|
3,820
|
146,726
|
|
ArcBest Corp.
|
|
3,871
|
529,127
|
|
Arcosa, Inc.(c)
|
|
7,334
|
929,585
|
|
Armstrong World Industries, Inc.
|
|
6,863
|
1,083,668
|
|
Astec Industries, Inc.
|
|
3,860
|
194,390
|
|
AZZ, Inc.
|
|
4,995
|
676,872
|
|
Boise Cascade Co.
|
|
6,566
|
457,782
|
|
Brady Corp., Class A
|
|
7,115
|
612,459
|
|
CoreCivic, Inc.(b)
|
|
16,234
|
342,213
|
|
CSW Industrials, Inc.(c)
|
|
2,821
|
781,332
|
|
Deluxe Corp.
|
|
7,035
|
170,880
|
|
DNOW, Inc.(b)
|
|
28,916
|
369,836
|
|
DXP Enterprises, Inc.(b)
|
|
2,008
|
291,281
|
|
Enerpac Tool Group Corp.
|
|
8,974
|
300,539
|
|
Enpro, Inc.
|
|
3,293
|
1,010,918
|
|
ESCO Technologies, Inc.
|
|
4,064
|
1,186,282
|
|
Everus Construction Group, Inc.(b)
|
|
8,095
|
1,204,293
|
|
Federal Signal Corp.
|
|
9,819
|
1,047,687
|
|
Forward Air Corp.(b)(c)
|
|
4,644
|
49,134
|
|
Franklin Electric Co., Inc.
|
|
6,255
|
615,367
|
|
Gates Industrial Corp. PLC(b)(c)
|
|
45,857
|
1,188,613
|
|
GEO Group, Inc. (The)(b)(c)
|
|
22,442
|
508,760
|
|
Gibraltar Industries, Inc.(b)(c)
|
|
4,853
|
187,568
|
|
Granite Construction, Inc.
|
|
7,234
|
989,901
|
|
Greenbrier Cos., Inc. (The)(c)
|
|
4,969
|
234,090
|
|
Griffon Corp.
|
|
6,913
|
608,206
|
|
Hayward Holdings, Inc.(b)
|
|
33,808
|
477,031
|
|
Healthcare Services Group, Inc.(b)
|
|
11,698
|
240,979
|
|
Heartland Express, Inc.
|
|
7,873
|
118,016
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
HNI Corp.
|
|
11,682
|
$364,362
|
|
Hub Group, Inc., Class A
|
|
10,834
|
450,044
|
|
Insperity, Inc.
|
|
6,111
|
210,646
|
|
Insteel Industries, Inc.
|
|
3,358
|
92,311
|
|
Interface, Inc.
|
|
10,098
|
298,901
|
|
JBT Marel Corp.
|
|
8,675
|
1,165,833
|
|
JetBlue Airways Corp.(b)(c)
|
|
55,869
|
305,603
|
|
Kadant, Inc.
|
|
1,845
|
588,887
|
|
Kennametal, Inc.
|
|
11,715
|
384,252
|
|
Korn Ferry
|
|
8,087
|
565,928
|
|
Legalzoom.com, Inc.(b)
|
|
19,596
|
123,259
|
|
Lindsay Corp.
|
|
1,776
|
194,099
|
|
Liquidity Services, Inc.(b)
|
|
3,655
|
132,348
|
|
ManpowerGroup, Inc.
|
|
7,248
|
229,254
|
|
Marten Transport Ltd.
|
|
10,201
|
175,865
|
|
MasterBrand, Inc.(b)(c)
|
|
23,668
|
205,438
|
|
Matson, Inc.
|
|
5,187
|
940,403
|
|
Mercury Systems, Inc.(b)(c)
|
|
8,453
|
944,200
|
|
MillerKnoll, Inc.
|
|
10,985
|
177,737
|
|
Mueller Water Products, Inc., Class A
|
|
25,532
|
643,662
|
|
MYR Group, Inc.(b)
|
|
2,401
|
1,116,609
|
|
National Presto Industries, Inc.
|
|
771
|
97,585
|
|
OPENLANE, Inc.(b)
|
|
16,544
|
630,326
|
|
Pitney Bowes, Inc.
|
|
23,380
|
376,418
|
|
Powell Industries, Inc.
|
|
4,404
|
1,252,586
|
|
Primoris Services Corp.
|
|
9,370
|
1,178,559
|
|
Proto Labs, Inc.(b)(c)
|
|
3,852
|
291,828
|
|
Quanex Building Products Corp.(c)
|
|
8,050
|
149,811
|
|
Resideo Technologies, Inc.(b)
|
|
23,615
|
738,441
|
|
Robert Half, Inc.
|
|
16,182
|
476,398
|
|
Rush Enterprises, Inc., Class A
|
|
10,248
|
710,494
|
|
RXO, Inc.(b)(c)
|
|
31,654
|
809,709
|
|
Schneider National, Inc., Class B
|
|
8,597
|
303,818
|
|
SkyWest, Inc.(b)
|
|
7,060
|
604,689
|
|
Standex International Corp.
|
|
1,863
|
516,070
|
|
Sunrun, Inc.(b)
|
|
37,445
|
626,080
|
|
Tennant Co.
|
|
2,647
|
227,933
|
|
Trinity Industries, Inc.(c)
|
|
13,705
|
444,590
|
|
UniFirst Corp.
|
|
1,914
|
508,014
|
|
Upwork, Inc.(b)(c)
|
|
21,601
|
190,521
|
|
Verra Mobility Corp., Class A(b)
|
|
26,120
|
117,801
|
|
Vestis Corp.(b)(c)
|
|
17,973
|
232,211
|
|
Werner Enterprises, Inc.(c)
|
|
10,923
|
453,414
|
|
WillScot Holdings Corp.
|
|
31,306
|
805,503
|
|
Worthington Enterprises, Inc.
|
|
5,431
|
308,318
|
|
Zurn Elkay Water Solutions Corp.
|
|
24,818
|
1,166,446
|
|
|
|
|
41,635,171
|
|
Information Technology-15.94%
|
|||
|
ACI Worldwide, Inc.(b)
|
|
15,157
|
661,906
|
|
ACM Research, Inc., Class A(b)
|
|
9,517
|
823,792
|
|
Adeia, Inc.(c)
|
|
14,975
|
400,132
|
|
Agilysys, Inc.(b)(c)
|
|
3,862
|
334,295
|
|
Alarm.com Holdings, Inc.(b)
|
|
7,467
|
336,836
|
|
Alpha & Omega Semiconductor Ltd.(b)(c)
|
|
3,693
|
167,478
|
|
Arlo Technologies, Inc.(b)(c)
|
|
18,143
|
242,028
|
|
Axcelis Technologies, Inc.(b)(c)
|
|
4,574
|
687,975
|
|
Badger Meter, Inc.
|
|
4,704
|
582,826
|
|
Benchmark Electronics, Inc.
|
|
5,793
|
489,277
|
|
Calix, Inc.(b)
|
|
9,433
|
374,962
|
|
Clear Secure, Inc., Class A
|
|
14,799
|
820,605
|
|
Cohu, Inc.(b)(c)
|
|
7,587
|
400,214
|
|
Corsair Gaming, Inc.(b)(c)
|
|
7,050
|
85,587
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
CTS Corp.
|
|
4,846
|
$311,162
|
|
Digi International, Inc.(b)(c)
|
|
5,527
|
369,204
|
|
Diodes, Inc.(b)
|
|
7,638
|
804,434
|
|
DXC Technology Co.(b)(c)
|
|
27,267
|
270,216
|
|
Enphase Energy, Inc.(b)(c)
|
|
19,659
|
1,343,889
|
|
ePlus, Inc.(c)
|
|
4,268
|
350,360
|
|
Extreme Networks, Inc.(b)
|
|
19,746
|
523,466
|
|
FormFactor, Inc.(b)
|
|
12,832
|
1,598,739
|
|
Grid Dynamics Holdings, Inc.(b)(c)
|
|
10,252
|
73,814
|
|
Harmonic, Inc.(b)
|
|
19,523
|
294,993
|
|
Ichor Holdings Ltd.(b)
|
|
5,620
|
401,942
|
|
Insight Enterprises, Inc.(b)
|
|
4,807
|
511,369
|
|
Itron, Inc.(b)
|
|
7,189
|
592,949
|
|
Knowles Corp.(b)
|
|
14,016
|
524,339
|
|
Kulicke & Soffa Industries, Inc. (Singapore)
|
|
8,525
|
868,612
|
|
LiveRamp Holdings, Inc.(b)(c)
|
|
9,322
|
350,134
|
|
MARA Holdings, Inc.(b)(c)
|
|
60,839
|
874,865
|
|
MaxLinear, Inc.(b)
|
|
13,043
|
1,212,086
|
|
Mirion Technologies, Inc.(b)(c)
|
|
38,135
|
697,108
|
|
N-able, Inc.(b)
|
|
10,599
|
39,216
|
|
NCR Voyix Corp.(b)(c)
|
|
23,773
|
170,928
|
|
NetScout Systems, Inc.(b)
|
|
10,175
|
423,483
|
|
OSI Systems, Inc.(b)(c)
|
|
2,507
|
543,392
|
|
PC Connection, Inc.
|
|
1,751
|
121,852
|
|
PDF Solutions, Inc.(b)(c)
|
|
4,941
|
241,269
|
|
Penguin Solutions, Inc.(b)(c)
|
|
8,333
|
465,231
|
|
Photronics, Inc.(b)
|
|
9,879
|
319,586
|
|
Plexus Corp.(b)
|
|
4,128
|
1,107,790
|
|
Power Integrations, Inc.
|
|
8,694
|
730,296
|
|
Progress Software Corp.(b)(c)
|
|
7,538
|
247,473
|
|
Q2 Holdings, Inc.(b)
|
|
9,174
|
434,389
|
|
Qorvo, Inc.(b)
|
|
13,619
|
1,410,384
|
|
Ralliant Corp.
|
|
17,351
|
1,073,506
|
|
Rogers Corp.(b)
|
|
2,645
|
374,320
|
|
Sanmina Corp.(b)
|
|
10,257
|
2,664,051
|
|
ScanSource, Inc.(b)
|
|
3,125
|
144,594
|
|
Semtech Corp.(b)
|
|
14,006
|
2,136,475
|
|
SolarEdge Technologies, Inc.(b)
|
|
9,017
|
688,448
|
|
Sprinklr, Inc., Class A(b)
|
|
17,987
|
100,367
|
|
Teradata Corp.(b)(c)
|
|
16,540
|
563,187
|
|
Ultra Clean Holdings, Inc.(b)
|
|
7,367
|
630,394
|
|
Veeco Instruments, Inc.(b)(c)
|
|
8,941
|
515,359
|
|
Viasat, Inc.(b)
|
|
20,505
|
1,653,113
|
|
Viavi Solutions, Inc.(b)(c)
|
|
33,965
|
1,649,340
|
|
Vishay Intertechnology, Inc.
|
|
20,321
|
1,057,708
|
|
|
|
|
37,887,745
|
|
Materials-4.68%
|
|||
|
Alpha Metallurgical Resources, Inc.(b)(c)
|
|
1,456
|
289,700
|
|
Balchem Corp.
|
|
5,304
|
831,296
|
|
Century Aluminum Co.(b)
|
|
7,272
|
479,734
|
|
Eastman Chemical Co.
|
|
19,576
|
1,485,231
|
|
Element Solutions, Inc.
|
|
37,655
|
1,597,702
|
|
FMC Corp.(c)
|
|
19,764
|
269,976
|
|
H.B. Fuller Co.(c)
|
|
9,534
|
610,939
|
|
Hawkins, Inc.
|
|
3,240
|
501,455
|
|
Innospec, Inc.
|
|
4,158
|
344,864
|
|
Kaiser Aluminum Corp.
|
|
2,524
|
459,469
|
|
Koppers Holdings, Inc.
|
|
3,027
|
123,502
|
|
Materion Corp.
|
|
3,629
|
798,525
|
|
Metallus, Inc.(b)
|
|
5,820
|
114,363
|
|
Minerals Technologies, Inc.
|
|
4,969
|
382,712
|
|
O-I Glass, Inc.(b)(c)
|
|
27,717
|
242,524
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Quaker Chemical Corp.
|
|
2,441
|
$350,357
|
|
Sensient Technologies Corp.
|
|
7,288
|
829,739
|
|
Stepan Co.
|
|
3,584
|
189,414
|
|
Sylvamo Corp.
|
|
5,392
|
211,744
|
|
Warrior Met Coal, Inc.
|
|
7,956
|
752,160
|
|
Worthington Steel, Inc.
|
|
6,044
|
254,996
|
|
|
|
|
11,120,402
|
|
Real Estate-6.15%
|
|||
|
Acadia Realty Trust
|
|
20,507
|
451,564
|
|
American Assets Trust, Inc.
|
|
7,681
|
178,967
|
|
Apple Hospitality REIT, Inc.
|
|
34,284
|
503,632
|
|
Centerspace(c)
|
|
2,567
|
173,221
|
|
Curbline Properties Corp.(c)
|
|
15,503
|
451,602
|
|
Cushman & Wakefield Ltd.(b)(c)
|
|
39,598
|
492,599
|
|
DiamondRock Hospitality Co.
|
|
32,897
|
361,538
|
|
Easterly Government Properties, Inc.(c)
|
|
7,123
|
170,810
|
|
Essential Properties Realty Trust, Inc.
|
|
31,369
|
959,264
|
|
eXp World Holdings, Inc.
|
|
15,977
|
78,607
|
|
Four Corners Property Trust, Inc.
|
|
16,384
|
407,962
|
|
Getty Realty Corp.(c)
|
|
8,032
|
261,281
|
|
Global Net Lease, Inc.
|
|
30,698
|
287,640
|
|
Highwoods Properties, Inc.(c)
|
|
17,455
|
455,576
|
|
Innovative Industrial Properties, Inc.(c)
|
|
4,222
|
244,834
|
|
JBG SMITH Properties
|
|
9,364
|
137,370
|
|
LTC Properties, Inc.
|
|
7,586
|
283,792
|
|
LXP Industrial Trust
|
|
9,506
|
490,890
|
|
Marcus & Millichap, Inc.(c)
|
|
3,716
|
104,940
|
|
Medical Properties Trust, Inc.(c)
|
|
88,768
|
453,605
|
|
Millrose Properties, Inc.
|
|
25,186
|
710,749
|
|
Outfront Media, Inc.
|
|
23,479
|
756,963
|
|
Pebblebrook Hotel Trust(c)
|
|
17,596
|
268,339
|
|
Phillips Edison & Co., Inc.
|
|
19,794
|
794,729
|
|
Ryman Hospitality Properties, Inc.
|
|
10,047
|
1,156,711
|
|
Safehold, Inc.
|
|
7,602
|
113,802
|
|
SL Green Realty Corp.(c)
|
|
10,656
|
483,782
|
|
St. Joe Co. (The)
|
|
6,245
|
397,369
|
|
Sunstone Hotel Investors, Inc.
|
|
29,120
|
315,078
|
|
Tanger, Inc.
|
|
18,447
|
665,383
|
|
Terreno Realty Corp.
|
|
16,750
|
1,100,308
|
|
Universal Health Realty Income Trust(c)
|
|
1,976
|
81,905
|
|
Urban Edge Properties
|
|
19,904
|
446,646
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Whitestone REIT
|
|
6,250
|
$119,250
|
|
Xenia Hotels & Resorts, Inc.
|
|
14,962
|
259,890
|
|
|
|
|
14,620,598
|
|
Utilities-2.36%
|
|||
|
American States Water Co.
|
|
6,093
|
470,806
|
|
Avista Corp.
|
|
13,062
|
541,681
|
|
California Water Service Group(c)
|
|
9,394
|
423,670
|
|
Chesapeake Utilities Corp.
|
|
3,851
|
474,905
|
|
Clearway Energy, Inc., Class C
|
|
18,281
|
752,446
|
|
H2O America(c)
|
|
4,960
|
286,837
|
|
Hawaiian Electric Industries, Inc.(b)
|
|
27,977
|
372,094
|
|
MDU Resources Group, Inc.
|
|
31,023
|
653,965
|
|
MGE Energy, Inc.
|
|
6,223
|
469,837
|
|
Middlesex Water Co.(c)
|
|
3,027
|
159,008
|
|
Northwest Natural Holding Co.
|
|
6,531
|
316,688
|
|
Otter Tail Corp.(c)
|
|
6,392
|
553,931
|
|
Unitil Corp.
|
|
2,737
|
136,932
|
|
|
|
|
5,612,800
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.92%
(Cost $179,082,746)
|
237,531,183
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-18.14%
|
|||
|
Invesco Private Government Fund,
3.58%(f)(g)(h)
|
|
12,102,547
|
12,102,547
|
|
Invesco Private Prime Fund, 3.75%(f)(g)(h)
|
|
31,009,489
|
31,015,691
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $43,116,619)
|
43,118,238
|
||
|
TOTAL INVESTMENTS IN SECURITIES-118.06%
(Cost $222,199,365)
|
280,649,421
|
||
|
OTHER ASSETS LESS LIABILITIES-(18.06)%
|
(42,926,690
)
|
||
|
NET ASSETS-100.00%
|
$237,722,731
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Rts.
|
-Rights
|
|
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 May 31, 2026.
|
|
(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 value of this security at May 31, 2026
represented less than 1% of the Fund’s Net Assets.
|
|
(e)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(f)
|
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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$114,199
|
$5,208,425
|
$(5,322,624
)
|
$-
|
$-
|
$-
|
$3,158
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
5,870,958
|
57,738,999
|
(51,507,410
)
|
-
|
-
|
12,102,547
|
308,984
*
|
|
Invesco Private Prime Fund
|
15,289,998
|
125,101,113
|
(109,371,871
)
|
628
|
(4,177
)
|
31,015,691
|
836,685
*
|
|
Total
|
$21,275,155
|
$188,048,537
|
$(166,201,905
)
|
$628
|
$(4,177
)
|
$43,118,238
|
$1,148,827
|
|
*
|
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.
|
|
(g)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(h)
|
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-99.81%
|
|||
|
Communication Services-1.52%
|
|||
|
CarGurus, Inc.(b)(c)
|
|
590
|
$17,617
|
|
Yelp, Inc.(b)(c)
|
|
796
|
18,149
|
|
|
|
|
35,766
|
|
Consumer Discretionary-11.68%
|
|||
|
Asbury Automotive Group, Inc.(b)
|
|
91
|
17,082
|
|
Boot Barn Holdings, Inc.(b)
|
|
116
|
19,705
|
|
Brinker International, Inc.(b)
|
|
151
|
21,499
|
|
Cavco Industries, Inc.(b)
|
|
38
|
20,388
|
|
Cheesecake Factory, Inc. (The)(c)
|
|
374
|
24,699
|
|
Covista, Inc.(b)
|
|
326
|
38,403
|
|
Dorman Products, Inc.(b)(c)
|
|
166
|
20,571
|
|
Dream Finders Homes, Inc., Class A(b)(c)
|
|
1,566
|
24,210
|
|
Green Brick Partners, Inc.(b)
|
|
369
|
24,819
|
|
Installed Building Products, Inc.
|
|
80
|
16,798
|
|
Stride, Inc.(b)
|
|
290
|
26,790
|
|
XPEL, Inc.(b)(c)(d)
|
|
434
|
19,843
|
|
|
|
|
274,807
|
|
Consumer Staples-2.55%
|
|||
|
Cal-Maine Foods, Inc.(c)
|
|
453
|
33,848
|
|
Interparfums, Inc.
|
|
277
|
26,141
|
|
|
|
|
59,989
|
|
Energy-12.15%
|
|||
|
Bristow Group, Inc.
|
|
651
|
27,107
|
|
Cactus, Inc., Class A
|
|
737
|
42,775
|
|
International Seaways, Inc.
|
|
778
|
60,054
|
|
Liberty Energy, Inc., Class A
|
|
1,373
|
40,174
|
|
Oceaneering International, Inc.(b)(c)
|
|
842
|
32,190
|
|
SM Energy Co.
|
|
1,128
|
34,641
|
|
Tidewater, Inc.(b)(c)
|
|
667
|
49,018
|
|
|
|
|
285,959
|
|
Financials-27.86%
|
|||
|
Ameris Bancorp(c)
|
|
310
|
26,136
|
|
Axos Financial, Inc.(b)
|
|
403
|
35,025
|
|
BancFirst Corp.
|
|
217
|
23,933
|
|
Bancorp, Inc. (The)(b)
|
|
490
|
27,028
|
|
Cathay General Bancorp
|
|
531
|
30,617
|
|
City Holding Co.(c)
|
|
182
|
22,624
|
|
Employers Holdings, Inc.
|
|
452
|
19,662
|
|
EVERTEC, Inc.
|
|
700
|
17,129
|
|
First Bancorp
|
|
1,099
|
26,354
|
|
First Commonwealth Financial Corp.
|
|
1,242
|
23,524
|
|
First Financial Bancorp
|
|
921
|
28,330
|
|
First Hawaiian, Inc.
|
|
780
|
21,044
|
|
Fulton Financial Corp.
|
|
1,087
|
23,577
|
|
HCI Group, Inc.
|
|
147
|
22,648
|
|
Lakeland Financial Corp.
|
|
395
|
23,949
|
|
Mercury General Corp.
|
|
211
|
20,684
|
|
National Bank Holdings Corp., Class A
|
|
491
|
20,539
|
|
NMI Holdings, Inc., Class A(b)
|
|
500
|
17,950
|
|
OFG Bancorp
|
|
523
|
23,828
|
|
Palomar Holdings, Inc.(b)
|
|
264
|
28,259
|
|
Pathward Financial, Inc.
|
|
337
|
27,715
|
|
PJT Partners, Inc., Class A
|
|
107
|
16,360
|
|
Preferred Bank(c)
|
|
349
|
33,441
|
|
PROG Holdings, Inc.
|
|
584
|
21,474
|
|
S&T Bancorp, Inc.
|
|
509
|
22,951
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Westamerica Bancorporation
|
|
403
|
$22,363
|
|
WSFS Financial Corp.(c)
|
|
401
|
28,651
|
|
|
|
|
655,795
|
|
Health Care-16.47%
|
|||
|
Acadia Pharmaceuticals, Inc.(b)
|
|
1,066
|
23,090
|
|
ADMA Biologics, Inc.(b)(c)
|
|
1,942
|
15,497
|
|
Alkermes PLC(b)(c)
|
|
726
|
30,630
|
|
Amphastar Pharmaceuticals, Inc.(b)(c)
|
|
912
|
17,191
|
|
Catalyst Pharmaceuticals, Inc.(b)
|
|
1,700
|
53,091
|
|
Corcept Therapeutics, Inc.(b)(c)
|
|
321
|
22,306
|
|
CorVel Corp.(b)
|
|
282
|
17,413
|
|
Harmony Biosciences Holdings, Inc.(b)(c)
|
|
898
|
28,368
|
|
Krystal Biotech, Inc.(b)(c)
|
|
158
|
48,827
|
|
Progyny, Inc.(b)
|
|
1,210
|
30,928
|
|
TG Therapeutics, Inc.(b)(c)
|
|
1,199
|
45,490
|
|
TransMedics Group, Inc.(b)(c)
|
|
286
|
19,219
|
|
UFP Technologies, Inc.(b)(c)
|
|
162
|
35,656
|
|
|
|
|
387,706
|
|
Industrials-17.23%
|
|||
|
Armstrong World Industries, Inc.
|
|
104
|
16,422
|
|
AZZ, Inc.(c)
|
|
293
|
39,704
|
|
CSW Industrials, Inc.(c)
|
|
62
|
17,172
|
|
DNOW, Inc.(b)
|
|
2,089
|
26,718
|
|
DXP Enterprises, Inc.(b)
|
|
292
|
42,358
|
|
Enerpac Tool Group Corp.
|
|
510
|
17,080
|
|
Everus Construction Group, Inc.(b)(c)
|
|
190
|
28,266
|
|
Federal Signal Corp.
|
|
199
|
21,233
|
|
Greenbrier Cos., Inc. (The)(c)
|
|
391
|
18,420
|
|
Kadant, Inc.(c)
|
|
67
|
21,385
|
|
Liquidity Services, Inc.(b)
|
|
665
|
24,080
|
|
Powell Industries, Inc.(c)
|
|
307
|
87,317
|
|
Rush Enterprises, Inc., Class A
|
|
370
|
25,652
|
|
SkyWest, Inc.(b)
|
|
231
|
19,785
|
|
|
|
|
405,592
|
|
Information Technology-8.08%
|
|||
|
Axcelis Technologies, Inc.(b)(c)
|
|
254
|
38,204
|
|
Badger Meter, Inc.(c)
|
|
130
|
16,107
|
|
Clear Secure, Inc., Class A
|
|
754
|
41,810
|
|
Itron, Inc.(b)
|
|
198
|
16,331
|
|
MARA Holdings, Inc.(b)(c)
|
|
2,035
|
29,263
|
|
OSI Systems, Inc.(b)(c)
|
|
77
|
16,690
|
|
Photronics, Inc.(b)(c)
|
|
498
|
16,110
|
|
Sprinklr, Inc., Class A(b)
|
|
2,810
|
15,680
|
|
|
|
|
190,195
|
|
Materials-2.27%
|
|||
|
Sylvamo Corp.
|
|
370
|
14,530
|
|
Worthington Steel, Inc.
|
|
922
|
38,899
|
|
|
|
|
53,429
|
|
Total Common Stocks & Other Equity Interests
(Cost $2,076,126)
|
2,349,238
|
||
|
Money Market Funds-0.21%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(f)
(Cost $4,863)
|
|
4,863
|
4,863
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-100.02%
(Cost $2,080,989)
|
2,354,101
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-41.63%
|
|||
|
Invesco Private Government Fund, 3.58%(e)(f)(g)
|
|
273,281
|
$273,281
|
|
Invesco Private Prime Fund, 3.75%(e)(f)(g)
|
|
706,334
|
706,475
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $979,725)
|
979,756
|
||
|
TOTAL INVESTMENTS IN SECURITIES-141.65%
(Cost $3,060,714)
|
3,333,857
|
||
|
OTHER ASSETS LESS LIABILITIES-(41.65)%
|
(980,218
)
|
||
|
NET ASSETS-100.00%
|
$2,353,639
|
||
|
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 May 31, 2026.
|
|
(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 value of this security at May 31, 2026
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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$3,410
|
$47,766
|
$(46,313
)
|
$-
|
$-
|
$4,863
|
$73
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
199,703
|
1,737,383
|
(1,663,805
)
|
-
|
-
|
273,281
|
5,565
*
|
|
Invesco Private Prime Fund
|
516,087
|
4,112,980
|
(3,922,551
)
|
(1
)
|
(40
)
|
706,475
|
14,988
*
|
|
Total
|
$719,200
|
$5,898,129
|
$(5,632,669
)
|
$(1
)
|
$(40
)
|
$984,619
|
$20,626
|
|
*
|
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 May 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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.68%
|
|||
|
Communication Services-1.95%
|
|||
|
John Wiley & Sons, Inc., Class A(b)
|
|
33,496
|
$1,409,512
|
|
Consumer Discretionary-4.11%
|
|||
|
Ethan Allen Interiors, Inc.(b)
|
|
62,406
|
1,286,812
|
|
Wendy’s Co. (The)(b)
|
|
219,367
|
1,689,126
|
|
|
|
|
2,975,938
|
|
Consumer Staples-10.02%
|
|||
|
Cal-Maine Foods, Inc.(b)
|
|
29,592
|
2,211,114
|
|
Edgewell Personal Care Co.
|
|
41,854
|
733,282
|
|
Fresh Del Monte Produce, Inc.
|
|
20,367
|
654,595
|
|
Interparfums, Inc.(b)
|
|
9,317
|
879,245
|
|
J&J Snack Foods Corp.
|
|
8,298
|
631,644
|
|
Reynolds Consumer Products, Inc.
|
|
37,691
|
816,764
|
|
Universal Corp.
|
|
25,610
|
1,328,391
|
|
|
|
|
7,255,035
|
|
Energy-7.09%
|
|||
|
California Resources Corp.
|
|
16,315
|
967,316
|
|
Kinetik Holdings, Inc., Class A(b)
|
|
50,413
|
2,316,477
|
|
Kodiak Gas Services, Inc.
|
|
27,630
|
1,847,066
|
|
|
|
|
5,130,859
|
|
Financials-22.36%
|
|||
|
Adamas Trust, Inc.
|
|
205,325
|
1,888,990
|
|
Apollo Commercial Real Estate Finance, Inc.(b)
|
|
150,327
|
1,647,584
|
|
Arbor Realty Trust, Inc.(b)
|
|
292,018
|
1,679,103
|
|
ARMOUR Residential REIT, Inc.(b)
|
|
127,560
|
2,187,654
|
|
Ellington Financial, Inc.
|
|
120,943
|
1,641,197
|
|
Franklin BSP Realty Trust, Inc.
|
|
201,661
|
1,748,401
|
|
PennyMac Mortgage Investment Trust(b)
|
|
141,189
|
1,476,837
|
|
Redwood Trust, Inc.
|
|
336,421
|
1,823,402
|
|
Two Harbors Investment Corp.
|
|
170,097
|
2,097,296
|
|
|
|
|
16,190,464
|
|
Health Care-2.49%
|
|||
|
Perrigo Co. PLC
|
|
127,421
|
1,408,002
|
|
U.S. Physical Therapy, Inc.(b)
|
|
6,118
|
393,143
|
|
|
|
|
1,801,145
|
|
Industrials-11.37%
|
|||
|
Apogee Enterprises, Inc.
|
|
16,634
|
638,912
|
|
Deluxe Corp.
|
|
50,008
|
1,214,694
|
|
HNI Corp.
|
|
15,381
|
479,733
|
|
Korn Ferry
|
|
9,779
|
684,335
|
|
ManpowerGroup, Inc.
|
|
36,399
|
1,151,300
|
|
MillerKnoll, Inc.
|
|
47,172
|
763,243
|
|
Robert Half, Inc.
|
|
70,493
|
2,075,314
|
|
Trinity Industries, Inc.(b)
|
|
37,767
|
1,225,162
|
|
|
|
|
8,232,693
|
|
Materials-5.61%
|
|||
|
Eastman Chemical Co.
|
|
17,408
|
1,320,745
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
Innospec, Inc.
|
|
6,261
|
$519,287
|
|
Kaiser Aluminum Corp.
|
|
4,580
|
833,743
|
|
Stepan Co.
|
|
13,994
|
739,583
|
|
Sylvamo Corp.
|
|
16,589
|
651,450
|
|
|
|
|
4,064,808
|
|
Real Estate-23.14%
|
|||
|
American Assets Trust, Inc.
|
|
89,567
|
2,086,911
|
|
Apple Hospitality REIT, Inc.
|
|
148,346
|
2,179,203
|
|
Easterly Government Properties, Inc.
|
|
92,617
|
2,220,956
|
|
Global Net Lease, Inc.
|
|
234,059
|
2,193,133
|
|
Highwoods Properties, Inc.
|
|
65,223
|
1,702,320
|
|
Innovative Industrial Properties, Inc.(b)
|
|
46,727
|
2,709,699
|
|
Saul Centers, Inc.
|
|
53,640
|
1,859,162
|
|
Universal Health Realty Income Trust
|
|
43,405
|
1,799,137
|
|
|
|
|
16,750,521
|
|
Utilities-11.54%
|
|||
|
American States Water Co.
|
|
8,185
|
632,455
|
|
Avista Corp.
|
|
28,751
|
1,192,304
|
|
California Water Service Group
|
|
14,111
|
636,406
|
|
Clearway Energy, Inc., Class C
|
|
33,844
|
1,393,019
|
|
H2O America(b)
|
|
14,794
|
855,537
|
|
MDU Resources Group, Inc.
|
|
30,173
|
636,047
|
|
Middlesex Water Co.
|
|
11,687
|
613,918
|
|
Northwest Natural Holding Co.
|
|
20,326
|
985,608
|
|
Otter Tail Corp.(b)
|
|
6,615
|
573,256
|
|
Unitil Corp.
|
|
16,786
|
839,803
|
|
|
|
|
8,358,353
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.68%
(Cost $72,304,692)
|
72,169,328
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-15.60%
|
|||
|
Invesco Private Government Fund,
3.58%(c)(d)(e)
|
|
3,141,016
|
3,141,016
|
|
Invesco Private Prime Fund, 3.75%(c)(d)(e)
|
|
8,150,194
|
8,151,824
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $11,292,608)
|
11,292,840
|
||
|
TOTAL INVESTMENTS IN SECURITIES-115.28%
(Cost $83,597,300)
|
83,462,168
|
||
|
OTHER ASSETS LESS LIABILITIES-(15.28)%
|
(11,059,983
)
|
||
|
NET ASSETS-100.00%
|
$72,402,185
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at May 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$-
|
$4,055,278
|
$(4,055,278
)
|
$-
|
$-
|
$-
|
$1,638
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
4,341,230
|
37,425,940
|
(38,626,154
)
|
-
|
-
|
3,141,016
|
113,861
*
|
|
Invesco Private Prime Fund
|
11,294,215
|
83,414,942
|
(86,555,756
)
|
(142
)
|
(1,435
)
|
8,151,824
|
309,904
*
|
|
Total
|
$15,635,445
|
$124,896,160
|
$(129,237,188
)
|
$(142
)
|
$(1,435
)
|
$11,292,840
|
$425,403
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.80%
|
|||
|
Consumer Discretionary-2.14%
|
|||
|
Acushnet Holdings Corp.
|
|
20,926
|
$1,857,810
|
|
ADT, Inc.
|
|
258,085
|
1,731,750
|
|
Buckle, Inc. (The)
|
|
30,994
|
1,421,695
|
|
|
|
|
5,011,255
|
|
Consumer Staples-5.29%
|
|||
|
Fresh Del Monte Produce, Inc.(b)
|
|
47,461
|
1,525,396
|
|
National Beverage Corp.(b)(c)
|
|
52,930
|
1,957,881
|
|
PriceSmart, Inc.
|
|
10,749
|
1,827,222
|
|
Reynolds Consumer Products, Inc.
|
|
86,955
|
1,884,315
|
|
Tootsie Roll Industries, Inc.(b)
|
|
44,117
|
1,663,652
|
|
Universal Corp.
|
|
34,771
|
1,803,572
|
|
WD-40 Co.
|
|
8,664
|
1,732,540
|
|
|
|
|
12,394,578
|
|
Energy-0.78%
|
|||
|
World Kinect Corp.
|
|
63,507
|
1,829,637
|
|
Financials-47.97%
|
|||
|
Ameris Bancorp
|
|
22,133
|
1,866,033
|
|
AMERISAFE, Inc.
|
|
58,111
|
1,781,102
|
|
Apollo Commercial Real Estate Finance,
Inc.(b)
|
|
224,244
|
2,457,714
|
|
ARMOUR Residential REIT, Inc.(b)
|
|
114,271
|
1,959,748
|
|
Artisan Partners Asset Management, Inc.,
Class A(b)
|
|
49,205
|
1,842,235
|
|
Assured Guaranty Ltd.
|
|
31,103
|
2,308,154
|
|
BancFirst Corp.(b)
|
|
15,296
|
1,686,996
|
|
Bank of Hawaii Corp.
|
|
23,711
|
1,816,263
|
|
Banner Corp.
|
|
27,848
|
1,810,120
|
|
Blackstone Mortgage Trust, Inc., Class A(b)
|
|
113,315
|
2,071,398
|
|
Capitol Federal Financial, Inc.
|
|
231,909
|
1,801,933
|
|
Cathay General Bancorp
|
|
31,386
|
1,809,717
|
|
Central Pacific Financial Corp.
|
|
52,893
|
1,817,404
|
|
City Holding Co.(b)
|
|
19,114
|
2,376,061
|
|
Cohen & Steers, Inc.
|
|
25,118
|
1,753,236
|
|
Community Financial System, Inc.
|
|
30,069
|
1,913,591
|
|
CVB Financial Corp.(b)
|
|
88,249
|
1,796,750
|
|
Ellington Financial, Inc.
|
|
193,307
|
2,623,176
|
|
Employers Holdings, Inc.
|
|
45,065
|
1,960,328
|
|
Enact Holdings, Inc.
|
|
49,470
|
2,067,351
|
|
FB Financial Corp.
|
|
31,431
|
1,656,099
|
|
First Bancorp
|
|
77,193
|
1,851,088
|
|
First Bancorp/Southern Pines NC(b)
|
|
28,872
|
1,698,540
|
|
First Commonwealth Financial Corp.
|
|
110,081
|
2,084,934
|
|
First Financial Bancorp
|
|
59,220
|
1,821,607
|
|
First Hawaiian, Inc.
|
|
70,345
|
1,897,908
|
|
Franklin BSP Realty Trust, Inc.
|
|
199,343
|
1,728,304
|
|
Fulton Financial Corp.
|
|
80,036
|
1,735,981
|
|
Hilltop Holdings, Inc.
|
|
54,248
|
2,046,235
|
|
Horace Mann Educators Corp.
|
|
51,239
|
2,343,159
|
|
Independent Bank Corp.
|
|
21,892
|
1,731,219
|
|
Lakeland Financial Corp.
|
|
29,982
|
1,817,809
|
|
MarketAxess Holdings, Inc.
|
|
12,045
|
1,566,332
|
|
Mercury General Corp.
|
|
18,386
|
1,802,380
|
|
National Bank Holdings Corp., Class A
|
|
42,512
|
1,778,277
|
|
NBT Bancorp, Inc.
|
|
40,686
|
1,881,321
|
|
NMI Holdings, Inc., Class A(c)
|
|
49,787
|
1,787,353
|
|
Northwest Bancshares, Inc.
|
|
140,153
|
1,983,165
|
|
OFG Bancorp
|
|
40,358
|
1,838,711
|
|
Park National Corp.
|
|
10,574
|
1,814,075
|
|
Pathward Financial, Inc.
|
|
19,362
|
1,592,331
|
|
PennyMac Mortgage Investment Trust
|
|
168,235
|
1,759,738
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Preferred Bank(b)
|
|
19,372
|
$1,856,225
|
|
Provident Financial Services, Inc.
|
|
76,203
|
1,690,945
|
|
Radian Group, Inc.
|
|
55,841
|
1,906,970
|
|
Renasant Corp.
|
|
42,914
|
1,747,458
|
|
Rithm Capital Corp.(b)
|
|
223,162
|
2,079,870
|
|
S&T Bancorp, Inc.
|
|
44,403
|
2,002,131
|
|
Safety Insurance Group, Inc.
|
|
32,504
|
2,280,806
|
|
Seacoast Banking Corp. of Florida
|
|
56,001
|
1,697,390
|
|
Simmons First National Corp., Class A
|
|
80,574
|
1,728,312
|
|
Southside Bancshares, Inc.
|
|
60,721
|
1,989,220
|
|
Stellar Bancorp, Inc.
|
|
50,183
|
1,873,833
|
|
TrustCo Bank Corp.
|
|
38,968
|
2,018,932
|
|
Trustmark Corp.
|
|
44,816
|
1,979,075
|
|
United Community Banks, Inc.
|
|
53,571
|
1,765,164
|
|
WaFd, Inc.(b)
|
|
54,486
|
1,937,522
|
|
Westamerica Bancorporation
|
|
40,878
|
2,268,320
|
|
WSFS Financial Corp.
|
|
26,313
|
1,880,064
|
|
|
|
|
112,438,113
|
|
Health Care-1.47%
|
|||
|
Concentra Group Holdings Parent, Inc.
|
|
77,116
|
1,917,875
|
|
Prestige Consumer Healthcare, Inc.(b)(c)
|
|
32,005
|
1,521,198
|
|
|
|
|
3,439,073
|
|
Industrials-5.37%
|
|||
|
ABM Industries, Inc.
|
|
41,694
|
1,628,568
|
|
Armstrong World Industries, Inc.
|
|
11,599
|
1,831,482
|
|
Brady Corp., Class A
|
|
25,612
|
2,204,681
|
|
Franklin Electric Co., Inc.
|
|
17,090
|
1,681,314
|
|
Granite Construction, Inc.(b)
|
|
12,867
|
1,760,720
|
|
Korn Ferry
|
|
26,572
|
1,859,509
|
|
Lindsay Corp.
|
|
14,872
|
1,625,361
|
|
|
|
|
12,591,635
|
|
Information Technology-0.85%
|
|||
|
PC Connection, Inc.
|
|
28,672
|
1,995,284
|
|
Materials-1.82%
|
|||
|
Balchem Corp.
|
|
13,750
|
2,155,037
|
|
Innospec, Inc.
|
|
25,502
|
2,115,136
|
|
|
|
|
4,270,173
|
|
Real Estate-24.47%
|
|||
|
Acadia Realty Trust
|
|
94,808
|
2,087,672
|
|
American Assets Trust, Inc.
|
|
91,559
|
2,133,325
|
|
Apple Hospitality REIT, Inc.
|
|
149,910
|
2,202,178
|
|
Broadstone Net Lease, Inc.
|
|
128,240
|
2,594,295
|
|
Centerspace(b)
|
|
28,291
|
1,909,077
|
|
Curbline Properties Corp.(b)
|
|
83,752
|
2,439,696
|
|
DiamondRock Hospitality Co.
|
|
169,535
|
1,863,190
|
|
Easterly Government Properties, Inc.
|
|
91,635
|
2,197,407
|
|
Essential Properties Realty Trust, Inc.
|
|
86,053
|
2,631,501
|
|
Four Corners Property Trust, Inc.
|
|
112,610
|
2,803,989
|
|
Getty Realty Corp.(b)
|
|
72,418
|
2,355,758
|
|
Global Net Lease, Inc.
|
|
226,900
|
2,126,053
|
|
Highwoods Properties, Inc.
|
|
69,160
|
1,805,076
|
|
LTC Properties, Inc.(b)
|
|
68,832
|
2,575,005
|
|
LXP Industrial Trust
|
|
39,343
|
2,031,672
|
|
Millrose Properties, Inc.
|
|
65,398
|
1,845,532
|
|
NexPoint Residential Trust, Inc.
|
|
56,621
|
1,645,406
|
|
Phillips Edison & Co., Inc.
|
|
73,447
|
2,948,897
|
|
Ryman Hospitality Properties, Inc.
|
|
17,276
|
1,988,986
|
|
Saul Centers, Inc.(b)
|
|
69,699
|
2,415,767
|
|
Sunstone Hotel Investors, Inc.
|
|
175,882
|
1,903,043
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Tanger, Inc.
|
|
57,578
|
$2,076,838
|
|
Terreno Realty Corp.
|
|
33,405
|
2,194,374
|
|
Universal Health Realty Income Trust
|
|
54,371
|
2,253,678
|
|
Urban Edge Properties
|
|
105,329
|
2,363,583
|
|
Whitestone REIT
|
|
102,609
|
1,957,780
|
|
|
|
|
57,349,778
|
|
Utilities-9.64%
|
|||
|
American States Water Co.
|
|
30,412
|
2,349,935
|
|
Avista Corp.
|
|
64,752
|
2,685,266
|
|
California Water Service Group
|
|
45,007
|
2,029,816
|
|
Chesapeake Utilities Corp.
|
|
18,891
|
2,329,638
|
|
H2O America(b)
|
|
34,851
|
2,015,433
|
|
MDU Resources Group, Inc.
|
|
95,371
|
2,010,421
|
|
MGE Energy, Inc.
|
|
31,084
|
2,346,842
|
|
Northwest Natural Holding Co.
|
|
52,293
|
2,535,688
|
|
Otter Tail Corp.(b)
|
|
23,637
|
2,048,382
|
|
Unitil Corp.
|
|
44,704
|
2,236,541
|
|
|
|
|
22,587,962
|
|
Total Common Stocks & Other Equity Interests
(Cost $225,299,781)
|
233,907,488
|
||
|
Money Market Funds-0.09%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(d)(e)
(Cost $210,989)
|
|
210,989
|
210,989
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.89%
(Cost $225,510,770)
|
234,118,477
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-11.59%
|
|||
|
Invesco Private Government Fund,
3.58%(d)(e)(f)
|
|
6,360,088
|
$6,360,088
|
|
Invesco Private Prime Fund, 3.75%(d)(e)(f)
|
|
20,810,601
|
20,814,763
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $27,173,804)
|
27,174,851
|
||
|
TOTAL INVESTMENTS IN SECURITIES-111.48%
(Cost $252,684,574)
|
261,293,328
|
||
|
OTHER ASSETS LESS LIABILITIES-(11.48)%
|
(26,902,990
)
|
||
|
NET ASSETS-100.00%
|
$234,390,338
|
||
|
Investment Abbreviations:
|
|
|
REIT
|
-Real Estate Investment Trust
|
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at May 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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$215,978
|
$10,758,340
|
$(10,763,329
)
|
$-
|
$-
|
$210,989
|
$8,278
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
$8,757,908
|
$70,049,356
|
$(72,447,176
)
|
$-
|
$-
|
$6,360,088
|
$234,048
*
|
|
Invesco Private Prime Fund
|
22,775,089
|
154,335,392
|
(156,294,636
)
|
(215
)
|
(867
)
|
20,814,763
|
632,029
*
|
|
Total
|
$31,748,975
|
$235,143,088
|
$(239,505,141
)
|
$(215
)
|
$(867
)
|
$27,385,840
|
$874,355
|
|
*
|
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 May 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.88%
|
|||
|
Communication Services-1.46%
|
|||
|
CarGurus, Inc.(b)
|
|
77,078
|
$2,301,549
|
|
QuinStreet, Inc.(b)
|
|
30,021
|
375,863
|
|
Yelp, Inc.(b)(c)
|
|
34,658
|
790,202
|
|
|
|
|
3,467,614
|
|
Consumer Discretionary-14.43%
|
|||
|
Academy Sports & Outdoors, Inc.
|
|
30,362
|
1,603,114
|
|
Acushnet Holdings Corp.
|
|
18,270
|
1,622,011
|
|
Brinker International, Inc.(b)(c)
|
|
42,550
|
6,058,269
|
|
Buckle, Inc. (The)
|
|
24,908
|
1,142,530
|
|
Cavco Industries, Inc.(b)
|
|
4,842
|
2,597,830
|
|
Champion Homes, Inc.(b)
|
|
31,788
|
2,340,550
|
|
Covista, Inc.(b)
|
|
20,847
|
2,455,777
|
|
Dorman Products, Inc.(b)(c)
|
|
17,027
|
2,109,986
|
|
Installed Building Products, Inc.
|
|
14,746
|
3,096,365
|
|
Kontoor Brands, Inc.
|
|
44,868
|
3,220,176
|
|
LCI Industries
|
|
13,386
|
1,459,342
|
|
Leggett & Platt, Inc.
|
|
97,017
|
996,364
|
|
Monarch Casino & Resort, Inc.
|
|
7,739
|
930,692
|
|
Sally Beauty Holdings, Inc.(b)(c)
|
|
52,913
|
702,685
|
|
Stride, Inc.(b)(c)
|
|
26,905
|
2,485,484
|
|
Wolverine World Wide, Inc.
|
|
50,050
|
878,377
|
|
XPEL, Inc.(b)(c)(d)
|
|
12,457
|
569,534
|
|
|
|
|
34,269,086
|
|
Consumer Staples-3.01%
|
|||
|
Cal-Maine Foods, Inc.(c)
|
|
32,526
|
2,430,343
|
|
Energizer Holdings, Inc.(c)
|
|
31,429
|
572,636
|
|
Interparfums, Inc.
|
|
11,100
|
1,047,507
|
|
National Beverage Corp.(b)(c)
|
|
17,460
|
645,845
|
|
Tootsie Roll Industries, Inc.(c)
|
|
11,679
|
440,415
|
|
WD-40 Co.
|
|
10,114
|
2,022,497
|
|
|
|
|
7,159,243
|
|
Energy-4.39%
|
|||
|
Cactus, Inc., Class A
|
|
37,752
|
2,191,126
|
|
CVR Energy, Inc.(c)
|
|
23,344
|
775,488
|
|
Dorian LPG Ltd.
|
|
20,646
|
830,382
|
|
Magnolia Oil & Gas Corp., Class A(c)
|
|
96,089
|
2,628,995
|
|
Oceaneering International, Inc.(b)(c)
|
|
55,943
|
2,138,701
|
|
Tidewater, Inc.(b)(c)
|
|
25,202
|
1,852,095
|
|
|
|
|
10,416,787
|
|
Financials-23.47%
|
|||
|
AMERISAFE, Inc.
|
|
13,647
|
418,281
|
|
Artisan Partners Asset Management, Inc.,
Class A
|
|
97,754
|
3,659,910
|
|
Axos Financial, Inc.(b)
|
|
30,316
|
2,634,764
|
|
BancFirst Corp.(c)
|
|
11,825
|
1,304,179
|
|
Bancorp, Inc. (The)(b)
|
|
32,951
|
1,817,577
|
|
City Holding Co.
|
|
7,753
|
963,775
|
|
Cohen & Steers, Inc.
|
|
23,538
|
1,642,952
|
|
Enact Holdings, Inc.(c)
|
|
15,986
|
668,055
|
|
EVERTEC, Inc.
|
|
36,164
|
884,933
|
|
First Bancorp
|
|
94,551
|
2,267,333
|
|
HCI Group, Inc.
|
|
8,653
|
1,333,168
|
|
Lakeland Financial Corp.(c)
|
|
14,285
|
866,100
|
|
Lincoln National Corp.
|
|
101,637
|
3,586,770
|
|
MarketAxess Holdings, Inc.
|
|
21,731
|
2,825,899
|
|
Mercury General Corp.
|
|
18,210
|
1,785,126
|
|
Moelis & Co., Class A(c)
|
|
70,673
|
4,755,586
|
|
NMI Holdings, Inc., Class A(b)
|
|
44,713
|
1,605,197
|
|
OFG Bancorp
|
|
23,469
|
1,069,248
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Palomar Holdings, Inc.(b)
|
|
19,454
|
$2,082,356
|
|
Park National Corp.
|
|
7,692
|
1,319,640
|
|
Pathward Financial, Inc.
|
|
15,535
|
1,277,598
|
|
Piper Sandler Cos.
|
|
40,692
|
3,190,660
|
|
PJT Partners, Inc., Class A
|
|
32,009
|
4,894,176
|
|
Preferred Bank
|
|
6,492
|
622,063
|
|
PROG Holdings, Inc.
|
|
23,914
|
879,318
|
|
Radian Group, Inc.
|
|
70,901
|
2,421,269
|
|
United Fire Group, Inc.
|
|
12,449
|
551,864
|
|
Virtus Investment Partners, Inc.(c)
|
|
3,368
|
481,725
|
|
Westamerica Bancorporation
|
|
13,760
|
763,542
|
|
Western Union Co. (The)(c)
|
|
385,782
|
3,136,408
|
|
|
|
|
55,709,472
|
|
Health Care-9.38%
|
|||
|
Acadia Pharmaceuticals, Inc.(b)
|
|
64,588
|
1,398,976
|
|
ADMA Biologics, Inc.(b)(c)
|
|
154,328
|
1,231,537
|
|
Alkermes PLC(b)(c)
|
|
98,746
|
4,166,094
|
|
Catalyst Pharmaceuticals, Inc.(b)
|
|
91,631
|
2,861,636
|
|
CorVel Corp.(b)
|
|
24,592
|
1,518,556
|
|
Harmony Biosciences Holdings, Inc.(b)
|
|
22,259
|
703,162
|
|
Innoviva, Inc.(b)
|
|
41,861
|
896,663
|
|
Pediatrix Medical Group, Inc.(b)
|
|
71,158
|
1,532,743
|
|
Progyny, Inc.(b)
|
|
66,268
|
1,693,810
|
|
Select Medical Holdings Corp.
|
|
71,120
|
1,173,480
|
|
TG Therapeutics, Inc.(b)(c)
|
|
134,191
|
5,091,207
|
|
|
|
|
22,267,864
|
|
Industrials-21.41%
|
|||
|
Alamo Group, Inc.(c)
|
|
6,171
|
930,031
|
|
Armstrong World Industries, Inc.
|
|
31,321
|
4,945,586
|
|
AZZ, Inc.
|
|
19,353
|
2,622,525
|
|
Enerpac Tool Group Corp.
|
|
28,826
|
965,383
|
|
Everus Construction Group, Inc.(b)
|
|
34,033
|
5,063,090
|
|
Federal Signal Corp.
|
|
35,375
|
3,774,513
|
|
Franklin Electric Co., Inc.
|
|
21,530
|
2,118,121
|
|
Gibraltar Industries, Inc.(b)(c)
|
|
18,101
|
699,604
|
|
Griffon Corp.
|
|
21,162
|
1,861,833
|
|
HNI Corp.
|
|
26,025
|
811,720
|
|
Interface, Inc.
|
|
37,659
|
1,114,706
|
|
Korn Ferry
|
|
27,700
|
1,938,446
|
|
Lindsay Corp.
|
|
5,959
|
651,259
|
|
Liquidity Services, Inc.(b)
|
|
14,473
|
524,067
|
|
Matson, Inc.(c)
|
|
15,838
|
2,871,429
|
|
Mueller Water Products, Inc., Class A
|
|
93,129
|
2,347,782
|
|
MYR Group, Inc.(b)
|
|
8,984
|
4,178,099
|
|
Powell Industries, Inc.
|
|
17,009
|
4,837,700
|
|
Robert Half, Inc.
|
|
56,031
|
1,649,553
|
|
SkyWest, Inc.(b)
|
|
22,005
|
1,884,728
|
|
Upwork, Inc.(b)(c)
|
|
109,633
|
966,963
|
|
Zurn Elkay Water Solutions Corp.
|
|
86,748
|
4,077,156
|
|
|
|
|
50,834,294
|
|
Information Technology-19.77%
|
|||
|
A10 Networks, Inc.(c)
|
|
38,247
|
1,152,765
|
|
ACI Worldwide, Inc.(b)
|
|
63,489
|
2,772,565
|
|
Adeia, Inc.(c)
|
|
66,207
|
1,769,051
|
|
Arlo Technologies, Inc.(b)(c)
|
|
58,178
|
776,095
|
|
Badger Meter, Inc.(c)
|
|
20,079
|
2,487,788
|
|
BlackLine, Inc.(b)(c)
|
|
37,617
|
1,105,940
|
|
Clear Secure, Inc., Class A
|
|
115,862
|
6,424,548
|
|
Enphase Energy, Inc.(b)(c)
|
|
74,275
|
5,077,439
|
|
ePlus, Inc.
|
|
15,776
|
1,295,052
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
Knowles Corp.(b)
|
|
58,137
|
$2,174,905
|
|
LiveRamp Holdings, Inc.(b)(c)
|
|
35,067
|
1,317,116
|
|
NetScout Systems, Inc.(b)(c)
|
|
48,811
|
2,031,514
|
|
Plexus Corp.(b)
|
|
12,703
|
3,408,977
|
|
Qorvo, Inc.(b)
|
|
47,343
|
4,902,841
|
|
Sanmina Corp.(b)
|
|
28,184
|
7,320,230
|
|
Sprinklr, Inc., Class A(b)
|
|
76,628
|
427,584
|
|
Teradata Corp.(b)(c)
|
|
72,861
|
2,480,917
|
|
|
|
|
46,925,327
|
|
Materials-1.60%
|
|||
|
Balchem Corp.
|
|
18,936
|
2,967,838
|
|
Sylvamo Corp.
|
|
21,033
|
825,966
|
|
|
|
|
3,793,804
|
|
Real Estate-0.96%
|
|||
|
LXP Industrial Trust
|
|
44,096
|
2,277,117
|
|
Total Common Stocks & Other Equity Interests
(Cost $222,374,909)
|
237,120,608
|
||
|
Money Market Funds-0.06%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(e)(f)
(Cost $131,650)
|
|
131,650
|
131,650
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.94%
(Cost $222,506,559)
|
237,252,258
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-22.63%
|
|||
|
Invesco Private Government Fund,
3.58%(e)(f)(g)
|
|
14,947,424
|
$14,947,424
|
|
Invesco Private Prime Fund, 3.75%(e)(f)(g)
|
|
38,770,740
|
38,778,494
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $53,724,261)
|
53,725,918
|
||
|
TOTAL INVESTMENTS IN SECURITIES-122.57%
(Cost $276,230,820)
|
290,978,176
|
||
|
OTHER ASSETS LESS LIABILITIES-(22.57)%
|
(53,571,962
)
|
||
|
NET ASSETS-100.00%
|
$237,406,214
|
||
|
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 May 31, 2026.
|
|
(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 value of this security at May 31, 2026
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 May 31, 2026.
|
|
|
Value
August 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
May 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$552,502
|
$7,378,493
|
$(7,799,345
)
|
$-
|
$-
|
$131,650
|
$5,835
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
13,203,821
|
112,154,605
|
(110,411,002
)
|
-
|
-
|
14,947,424
|
322,238
*
|
|
Invesco Private Prime Fund
|
34,303,327
|
236,214,517
|
(231,738,142
)
|
(291
)
|
(917
)
|
38,778,494
|
868,696
*
|
|
Total
|
$48,059,650
|
$355,747,615
|
$(349,948,489
)
|
$(291
)
|
$(917
)
|
$53,857,568
|
$1,196,769
|
|
*
|
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 May 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.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco ESG S&P 500 Equal Weight ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$64,377,320
|
$-
|
$-
|
$64,377,320
|
|
Money Market Funds
|
19,970
|
386,278
|
-
|
406,248
|
|
Total Investments
|
$64,397,290
|
$386,278
|
$-
|
$64,783,568
|
|
Invesco MSCI North America Climate ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,258,330,516
|
$-
|
$-
|
$2,258,330,516
|
|
Money Market Funds
|
1,340,157
|
11,826,452
|
-
|
13,166,609
|
|
Total Investments
|
$2,259,670,673
|
$11,826,452
|
$-
|
$2,271,497,125
|
|
Invesco MSCI USA ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$11,446,634,210
|
$-
|
$0
|
$11,446,634,210
|
|
Money Market Funds
|
12,171,133
|
118,658,384
|
-
|
130,829,517
|
|
Total Investments
|
$11,458,805,343
|
$118,658,384
|
$0
|
$11,577,463,727
|
|
Invesco Russell 1000 Equal Weight ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$804,739,253
|
$-
|
$0
|
$804,739,253
|
|
Money Market Funds
|
801,213
|
128,361,538
|
-
|
129,162,751
|
|
Total Investments
|
$805,540,466
|
$128,361,538
|
$0
|
$933,902,004
|
|
Invesco S&P 500® High Beta ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,026,755,369
|
$-
|
$-
|
$1,026,755,369
|
|
Money Market Funds
|
680,795
|
66,553,461
|
-
|
67,234,256
|
|
Total Investments
|
$1,027,436,164
|
$66,553,461
|
$-
|
$1,093,989,625
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P 500 High Dividend Growers ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$11,042,382
|
$-
|
$-
|
$11,042,382
|
|
Money Market Funds
|
-
|
187,798
|
-
|
187,798
|
|
Total Investments
|
$11,042,382
|
$187,798
|
$-
|
$11,230,180
|
|
Invesco S&P 500® High Dividend Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$3,210,794,481
|
$-
|
$-
|
$3,210,794,481
|
|
Money Market Funds
|
7,620,920
|
163,068,971
|
-
|
170,689,891
|
|
Total Investments in Securities
|
3,218,415,401
|
163,068,971
|
-
|
3,381,484,372
|
|
Other Investments - Assets*
|
|
|
|
|
|
Futures Contracts
|
570,395
|
-
|
-
|
570,395
|
|
Other Investments - Liabilities*
|
|
|
|
|
|
Futures Contracts
|
(233,655
)
|
-
|
-
|
(233,655
)
|
|
Total Other Investments
|
336,740
|
-
|
-
|
336,740
|
|
Total Investments
|
$3,218,752,141
|
$163,068,971
|
$-
|
$3,381,821,112
|
|
Invesco S&P 500® Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$6,885,352,304
|
$-
|
$-
|
$6,885,352,304
|
|
Money Market Funds
|
10,192,779
|
205,973,695
|
-
|
216,166,474
|
|
Total Investments in Securities
|
6,895,545,083
|
205,973,695
|
-
|
7,101,518,778
|
|
Other Investments - Assets*
|
|
|
|
|
|
Futures Contracts
|
1,514,450
|
-
|
-
|
1,514,450
|
|
Other Investments - Liabilities*
|
|
|
|
|
|
Futures Contracts
|
(209,118
)
|
-
|
-
|
(209,118
)
|
|
Total Other Investments
|
1,305,332
|
-
|
-
|
1,305,332
|
|
Total Investments
|
$6,896,850,415
|
$205,973,695
|
$-
|
$7,102,824,110
|
|
Invesco S&P 500® Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$19,873,218,871
|
$-
|
$-
|
$19,873,218,871
|
|
Money Market Funds
|
8,849,142
|
44,087,735
|
-
|
52,936,877
|
|
Total Investments
|
$19,882,068,013
|
$44,087,735
|
$-
|
$19,926,155,748
|
|
Invesco S&P 500 QVM Multi-factor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,646,049,850
|
$-
|
$0
|
$1,646,049,850
|
|
Money Market Funds
|
-
|
14,339,898
|
-
|
14,339,898
|
|
Total Investments
|
$1,646,049,850
|
$14,339,898
|
$0
|
$1,660,389,748
|
|
Invesco S&P MidCap 400 QVM Multi-factor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$422,425,770
|
$-
|
$-
|
$422,425,770
|
|
Money Market Funds
|
208,436
|
55,148,672
|
-
|
55,357,108
|
|
Total Investments
|
$422,634,206
|
$55,148,672
|
$-
|
$477,782,878
|
|
Invesco S&P MidCap Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$713,653,442
|
$-
|
$-
|
$713,653,442
|
|
Money Market Funds
|
747,144
|
101,355,512
|
-
|
102,102,656
|
|
Total Investments
|
$714,400,586
|
$101,355,512
|
$-
|
$815,756,098
|
|
Invesco S&P SmallCap 600 QVM Multi-factor ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$237,531,183
|
$-
|
$0
|
$237,531,183
|
|
Money Market Funds
|
-
|
43,118,238
|
-
|
43,118,238
|
|
Total Investments
|
$237,531,183
|
$43,118,238
|
$0
|
$280,649,421
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P SmallCap 600® GARP ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,349,238
|
$-
|
$-
|
$2,349,238
|
|
Money Market Funds
|
4,863
|
979,756
|
-
|
984,619
|
|
Total Investments
|
$2,354,101
|
$979,756
|
$-
|
$3,333,857
|
|
Invesco S&P SmallCap High Dividend Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$72,169,328
|
$-
|
$-
|
$72,169,328
|
|
Money Market Funds
|
-
|
11,292,840
|
-
|
11,292,840
|
|
Total Investments
|
$72,169,328
|
$11,292,840
|
$-
|
$83,462,168
|
|
Invesco S&P SmallCap Low Volatility ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$233,907,488
|
$-
|
$-
|
$233,907,488
|
|
Money Market Funds
|
210,989
|
27,174,851
|
-
|
27,385,840
|
|
Total Investments
|
$234,118,477
|
$27,174,851
|
$-
|
$261,293,328
|
|
Invesco S&P SmallCap Quality ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$237,120,608
|
$-
|
$-
|
$237,120,608
|
|
Money Market Funds
|
131,650
|
53,725,918
|
-
|
53,857,568
|
|
Total Investments
|
$237,252,258
|
$53,725,918
|
$-
|
$290,978,176
|
|
*
|
Unrealized appreciation (depreciation).
|