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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Liberty Mutual Group Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HA Sustainable Infrastructure Capital, Inc.</name>
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        <title>HA Sustainable Infrastructure Capital, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Xcel Energy Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer L.P.</name>
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        <title>Energy Transfer L.P.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>American International Group, Inc.</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>MetLife, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CMS Energy Corp.</name>
        <lei>549300IA9XFBAGNIBW29</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada Trust</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>TransCanada Trust</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada Pipelines Ltd.</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada Pipelines Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Sempra</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entergy Corp.</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc.</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CVS Health Corp.</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MetLife, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nippon Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge Inc.</name>
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        <name>National Rural Utilities Cooperative Finance Corp.</name>
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        <name>Assured Guaranty Municipal Holdings Inc.</name>
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        <name>Nippon Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer L.P.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American National Group Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nevada Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DENTSPLY SIRONA Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rogers Communications Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nippon Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corebridge Financial, Inc.</name>
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        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>TXNM Energy, Inc.</name>
        <lei>5493003JOBJGLZSDDQ28</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Puget Energy, Inc.</name>
        <lei>SYBSJ96YIDMIUY7WDR33</lei>
        <title>Puget Energy, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Dominion Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EUSHI Finance, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Meiji Yasuda Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Electric Power Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Reinsurance Group of America, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sierra Pacific Power Co.</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-15</maturityDt>
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        <name>Apollo Global Management, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Edison International</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Phillips 66 Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada Pipelines Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pelagos Insurance Capital Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Vodafone Group PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allianz SE</name>
        <lei>529900K9B0N5BT694847</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>American Electric Power Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nippon Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Rogers Communications Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Equitable Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eversource Energy</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Spire Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Spire Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MetLife, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Duke Energy Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominion Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sempra</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Entergy Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>METLIFE CAPITAL TRUST IV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prudential Financial, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aptiv Swiss Holdings Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>American Electric Power Co., Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CenterPoint Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Exelon Corp.</name>
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        <name>NiSource Inc.</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>Enbridge Inc.</name>
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        <name>TELUS Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brookfield Finance Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Allianz SE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Energy Transfer L.P.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WEC Energy Group Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NiSource Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CenterPoint Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CenterPoint Energy, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Northwest Natural Holding Co.</name>
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        <name>South Bow Canadian infrastructure Holdings Ltd.</name>
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        <name>Meiji Yasuda Life Insurance Co.</name>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <name>Energy Transfer L.P.</name>
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        <name>Nippon Life Insurance Co.</name>
        <lei>549300Y0HHMFW3EVWY08</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Nippon Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Aegon Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Phillips 66 Co.</name>
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        <name>Dominion Energy, Inc.</name>
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        <name>Meiji Yasuda Life Insurance Co.</name>
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        <name>TransCanada Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enterprise Products Operating LLC</name>
        <lei>5493004LGN656HWLDA30</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Life Insurance Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brookfield Infrastructure Finance ULC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TransCanada Pipelines Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Humana Inc.</name>
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        <name>Sumitomo Life Insurance Co.</name>
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        <name>Liberty Mutual Group Inc.</name>
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        <name>CMS Energy Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PacifiCorp</name>
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        <name>Sempra</name>
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        <name>HA Sustainable Infrastructure Capital, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Athene Holding Ltd.</name>
        <lei>549300H316CT32FQXI76</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bell Canada</name>
        <lei>5493000G3EFX9S7TDE29</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>AltaGas Ltd.</name>
        <lei>2549008X5V70MOS4HM10</lei>
        <title>AltaGas Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Assurant, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <lei>21TPXMRRHFKOBHDC8J74</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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    <signature>
      <ncom:dateSigned>2026-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust II</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
