Schedule of Investments(a)  
May 31, 2026
(Unaudited)
 
Principal
Amount
Value
U.S. Dollar Denominated Bonds & Notes–87.34%
Advertising–0.27%
Clear Channel Outdoor Holdings, Inc.,
7.13%, 02/15/2031(b)
 
$270,000
$279,332
7.50%, 03/15/2033(b)
 
270,000
283,526
Lamar Media Corp.,
4.88%, 01/15/2029
 
7,000
6,952
3.63%, 01/15/2031
 
651,000
609,568
5.38%, 11/01/2033(b)(c)
 
3,030,000
2,986,615
Omnicom Group, Inc.,
4.20%, 03/02/2029
 
310,000
306,296
4.75%, 03/30/2030
 
271,000
272,025
5.30%, 06/02/2036(c)
 
6,156,000
5,981,871
 
 
10,726,185
Aerospace & Defense–1.71%
Boeing Co. (The),
6.30%, 05/01/2029
 
33,000
34,529
6.39%, 05/01/2031
 
5,000
5,335
6.53%, 05/01/2034
 
1,790,000
1,954,669
5.81%, 05/01/2050
 
4,564,000
4,521,191
5.93%, 05/01/2060
 
31,000
30,705
General Dynamics Corp., 4.95%,
08/15/2035
 
1,299,000
1,305,504
Hexcel Corp., 5.88%,
02/26/2035
 
410,000
424,274
Honeywell Aerospace, Inc.,
4.30%, 03/16/2031(b)
 
498,000
490,749
4.60%, 03/16/2033(b)(c)
 
2,208,000
2,176,105
4.95%, 03/16/2036(b)
 
4,047,000
4,004,654
5.73%, 03/16/2056(b)
 
15,893,000
15,910,400
Howmet Aerospace, Inc.,
3.75%, 03/03/2028
 
62,000
61,346
3.90%, 04/15/2029
 
25,000
24,617
4.85%, 10/15/2031
 
230,000
231,584
4.75%, 04/15/2036
 
1,780,000
1,733,399
Huntington Ingalls Industries, Inc.,
5.35%, 01/15/2030
 
34,000
34,670
5.75%, 01/15/2035
 
1,114,000
1,158,135
L3Harris Technologies, Inc.,
5.40%, 07/31/2033
 
1,546,000
1,587,655
5.60%, 07/31/2053(c)
 
987,000
968,522
Lockheed Martin Corp.,
4.40%, 08/15/2030
 
142,000
141,859
4.75%, 02/15/2034(c)
 
864,000
861,676
4.80%, 08/15/2034
 
587,000
585,967
4.50%, 05/15/2036
 
66,000
64,245
4.15%, 06/15/2053
 
21,000
16,694
4.30%, 06/15/2062
 
533,000
420,300
5.90%, 11/15/2063
 
636,000
655,722
5.20%, 02/15/2064
 
64,000
58,824
Northrop Grumman Corp.,
4.03%, 10/15/2047
 
109,000
86,805
4.95%, 03/15/2053
 
833,000
745,888
 
Principal
Amount
Value
Aerospace & Defense–(continued)
RTX Corp.,
5.75%, 01/15/2029
 
$25,000
$25,846
6.00%, 03/15/2031
 
25,000
26,482
5.15%, 02/27/2033
 
1,110,000
1,132,572
6.10%, 03/15/2034
 
1,347,000
1,448,346
6.40%, 03/15/2054
 
2,148,000
2,348,582
Textron, Inc., 4.95%,
03/15/2036
 
2,415,000
2,361,664
TransDigm, Inc.,
6.75%, 08/15/2028(b)
 
4,860,000
4,926,067
6.38%, 03/01/2029(b)
 
11,349,000
11,586,025
6.88%, 12/15/2030(b)
 
510,000
526,129
7.13%, 12/01/2031(b)
 
340,000
353,542
6.00%, 01/15/2033(b)
 
26,000
26,312
6.38%, 05/31/2033(b)
 
2,192,000
2,215,699
6.25%, 01/31/2034(b)
 
596,000
610,360
6.13%, 07/31/2034(b)
 
617,000
615,220
 
 
68,498,869
Agricultural & Farm Machinery–0.20%
AGCO Corp.,
5.45%, 03/21/2027
 
19,000
19,161
5.80%, 03/21/2034
 
907,000
932,694
CNH Industrial Capital LLC,
4.75%, 03/21/2028
 
45,000
45,172
Deere Funding Canada Corp.,
4.15%, 10/09/2030
 
595,000
586,231
Imperial Brands Finance PLC (United
Kingdom),
4.50%, 06/30/2028(b)
 
119,000
118,934
5.63%, 07/01/2035(b)
 
1,346,000
1,364,167
6.38%, 07/01/2055(b)
 
3,170,000
3,232,504
John Deere Capital Corp.,
4.38%, 10/15/2030
 
30,000
29,890
5.10%, 04/11/2034
 
1,493,000
1,517,829
 
 
7,846,582
Agricultural Products & Services–0.23%
Archer-Daniels-Midland Co.,
2.70%, 09/15/2051
 
3,678,000
2,243,710
Bunge Ltd. Finance Corp.,
4.55%, 08/04/2030
 
658,000
654,830
5.15%, 08/04/2035(c)
 
4,916,000
4,916,029
Cargill, Inc.,
4.13%, 10/23/2030(b)
 
168,000
165,213
5.13%, 10/11/2032(b)(c)
 
399,000
407,500
4.75%, 04/24/2033(b)(c)
 
807,000
805,290
5.38%, 10/23/2055(b)(c)
 
57,519
54,871
 
 
9,247,443
Air Freight & Logistics–0.16%
GXO Logistics, Inc.,
6.25%, 05/06/2029
 
282,000
291,722
6.50%, 05/06/2034
 
1,150,000
1,205,232
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Air Freight & Logistics–(continued)
United Parcel Service, Inc.,
4.65%, 10/15/2030
 
$18,000
$18,155
5.15%, 05/22/2034(c)
 
1,122,000
1,149,033
5.25%, 05/14/2035(c)
 
655,000
669,786
5.50%, 05/22/2054
 
2,945,000
2,842,616
5.95%, 05/14/2055
 
63,000
64,591
 
 
6,241,135
Alternative Carriers–0.01%
APLD ComputeCo 2 LLC, 6.75%,
03/15/2031(b)
 
304,000
306,576
Apparel Retail–0.00%
Saks Global Enterprises LLC,
11.00%, 12/15/2029(b)(d)
 
326,310
2,447
Apparel, Accessories & Luxury Goods–0.07%
Gildan Activewear, Inc. (Canada),
4.70%, 10/07/2030(b)(c)
 
959,000
948,447
5.40%, 10/07/2035(b)(c)
 
2,026,000
1,991,739
 
 
2,940,186
Application Software–1.47%
Autodesk, Inc., 5.30%,
06/15/2035
 
18,000
18,022
Black Pearl Compute LLC, 6.13%,
02/15/2031(b)
 
3,381,000
3,444,091
Cadence Design Systems, Inc.,
4.70%, 09/10/2034
 
15,000
14,809
Cloud Software Group, Inc.,
9.00%, 09/30/2029(b)
 
329,000
325,375
8.25%, 06/30/2032(b)
 
598,000
587,579
Intuit, Inc., 5.20%, 09/15/2033
 
18,000
18,207
RD Michigan Property Owner I LLC,
7.50%, 03/30/2045(b)
 
17,056,000
17,098,821
Roper Technologies, Inc.,
4.45%, 09/15/2030(c)
 
539,000
531,275
4.75%, 02/15/2032
 
237,000
234,181
4.90%, 10/15/2034
 
1,228,000
1,186,634
5.10%, 09/15/2035(c)
 
2,947,000
2,865,930
Salesforce, Inc.,
4.90%, 09/15/2031
 
13,982,000
13,992,899
5.55%, 03/15/2036
 
9,150,000
9,218,854
6.40%, 03/15/2046
 
3,328,000
3,397,391
6.55%, 03/15/2056
 
5,322,000
5,429,421
SS&C Technologies, Inc., 5.50%,
09/30/2027(b)
 
576,000
576,307
Synopsys, Inc., 5.70%,
04/01/2055
 
12,000
11,707
 
 
58,951,503
Asset Management & Custody Banks–0.77%
Affiliated Managers Group, Inc.,
5.50%, 08/20/2034
 
3,203,000
3,211,029
Ameriprise Financial, Inc.,
4.50%, 05/13/2032
 
284,000
281,596
5.15%, 05/15/2033(c)
 
1,296,000
1,319,189
5.20%, 04/15/2035(c)
 
3,091,000
3,101,214
 
Principal
Amount
Value
Asset Management & Custody Banks–(continued)
Bank of New York Mellon Corp. (The),
4.89%, 07/21/2028(e)
 
$26,000
$26,184
4.54%, 02/01/2029(e)
 
12,000
12,042
4.98%, 03/14/2030(e)
 
3,000
3,038
5.06%, 07/22/2032(e)
 
1,244,000
1,265,459
5.83%, 10/25/2033(e)
 
594,000
627,190
4.71%, 02/01/2034(e)
 
433,000
428,479
5.19%, 03/14/2035(e)
 
258,000
261,610
5.09%, 04/23/2037(c)(e)
 
5,051,000
5,025,201
Series J, 4.97%,
04/26/2034(e)
 
638,000
639,267
BlackRock, Inc., 4.75%,
05/25/2033
 
1,221,000
1,231,999
Blue Owl Capital Corp., 6.30%,
08/15/2031
 
3,620,000
3,605,796
Brookfield Asset Management Ltd.
(Canada),
5.80%, 04/24/2035
 
49,000
50,159
6.08%, 09/15/2055
 
42,000
42,510
Citadel L.P.,
6.00%, 01/23/2030(b)
 
110,000
113,207
6.38%, 01/23/2032(b)
 
517,000
539,862
FS KKR Capital Corp., 6.13%,
01/15/2030
 
253,000
247,766
Northern Trust Corp.,
4.15%, 11/19/2030
 
18,000
17,802
6.13%, 11/02/2032
 
809,000
867,619
5.12%, 11/19/2040(e)
 
2,299,000
2,255,512
Osaic Holdings, Inc., 6.75%,
08/01/2032(b)
 
558,000
563,726
State Street Corp.,
4.58% (SOFR + 0.95%),
04/24/2028(f)
 
17,000
17,074
5.68%, 11/21/2029(e)
 
20,000
20,601
4.73%, 02/28/2030
 
42,000
42,366
4.83%, 04/24/2030
 
22,000
22,299
6.12%, 11/21/2034(e)
 
25,000
26,455
5.15%, 02/28/2036(e)
 
79,000
79,348
4.78%, 10/23/2036(e)
 
21,000
20,460
Trinity Capital, Inc., 7.00%,
05/21/2031
 
2,988,000
3,007,618
Voya Global Funding, 4.60%,
11/24/2030(b)(c)
 
2,048,000
2,023,467
 
 
30,997,144
Automobile Manufacturers–1.34%
Allison Transmission, Inc.,
4.75%, 10/01/2027(b)
 
6,550,000
6,550,496
3.75%, 01/30/2031(b)
 
1,280,000
1,199,570
5.88%, 12/01/2033(b)
 
298,000
298,971
American Honda Finance Corp.,
4.60%, 04/17/2030
 
131,000
130,120
Daimler Truck Finance North
America LLC (Germany),
4.65%, 10/12/2030(b)(c)
 
1,055,000
1,048,240
5.00%, 10/12/2032(b)
 
5,970,000
5,950,284
5.63%, 01/13/2035(b)
 
2,223,000
2,272,393
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Automobile Manufacturers–(continued)
Ford Motor Credit Co. LLC,
2.70%, 08/10/2026
 
$226,000
$225,289
7.35%, 11/04/2027
 
527,000
543,850
5.92%, 03/20/2028
 
501,000
508,709
6.80%, 05/12/2028
 
644,000
664,152
6.80%, 11/07/2028
 
54,000
55,989
7.35%, 03/06/2030
 
48,000
51,136
7.20%, 06/10/2030
 
583,000
618,337
5.42%, 04/09/2031(c)
 
3,323,000
3,313,648
Honda Motor Co. Ltd. (Japan),
4.69%, 07/08/2030
 
1,785,000
1,777,413
5.34%, 07/08/2035(c)
 
7,452,000
7,487,131
Hyundai Capital America,
4.88%, 06/23/2027(b)
 
30,000
30,136
5.00%, 01/07/2028(b)
 
181,000
182,155
4.25%, 01/08/2029(b)
 
940,000
929,809
5.35%, 03/19/2029(b)
 
7,000
7,116
5.30%, 01/08/2030(b)
 
394,000
400,584
5.80%, 04/01/2030(b)
 
76,000
78,441
Hyundai Capital Services, Inc.
(South Korea), 5.25%,
01/22/2028(b)
 
2,711,000
2,739,639
PACCAR Financial Corp., Series R,
3.90%, 02/05/2029
 
58,000
57,667
Toyota Motor Credit Corp.,
4.55%, 08/09/2029
 
9,000
9,034
5.35%, 01/09/2035
 
4,239,000
4,353,969
Series B,
4.55%, 05/14/2031(c)
 
5,510,000
5,493,892
4.60%, 03/11/2033
 
3,231,000
3,184,146
Volkswagen Group of America
Finance LLC (Germany),
5.25%, 03/22/2029(b)
 
683,000
690,263
4.60%, 06/08/2029(b)
 
55,000
54,603
5.60%, 03/22/2034(b)
 
2,973,000
3,001,744
 
 
53,908,926
Automotive Parts & Equipment–0.88%
American Axle & Manufacturing, Inc.,
6.38%, 10/15/2032(b)
 
50,000
50,218
7.75%, 10/15/2033(b)(c)
 
1,565,000
1,570,370
BMW US Capital LLC (Germany),
4.50%, 08/11/2030(b)
 
604,000
598,827
4.65%, 03/19/2031(b)
 
4,555,000
4,528,520
5.00%, 03/19/2033(b)
 
3,181,000
3,174,357
Clarios Global L.P./Clarios US
Finance Co., 6.75%,
02/15/2030(b)
 
875,000
905,004
Cougar JV Subsidiary LLC,
8.00%, 05/15/2032(b)
 
535,000
561,393
ERAC USA Finance LLC,
4.60%, 05/01/2028(b)
 
8,000
8,034
4.90%, 05/01/2033(b)
 
1,522,000
1,514,149
5.25%, 04/30/2036(b)
 
4,461,000
4,460,525
Forvia SE (France), 8.00%,
06/15/2030(b)(c)
 
624,000
659,283
Magna International, Inc.
(Canada), 5.88%,
06/01/2035
 
506,000
528,648
 
Principal
Amount
Value
Automotive Parts & Equipment–(continued)
Mobility Global, Inc.,
5.05%, 06/15/2029(b)
 
$946,000
$950,685
5.45%, 06/15/2031(b)
 
2,679,000
2,710,195
6.05%, 06/15/2036(b)
 
3,975,000
4,046,769
NESCO Holdings II, Inc., 5.50%,
04/15/2029(b)
 
600,000
597,913
Phinia, Inc.,
6.75%, 04/15/2029(b)
 
4,800,000
4,939,824
6.63%, 10/15/2032(b)
 
579,000
594,450
ZF North America Capital, Inc.
(Germany), 7.50%,
03/24/2031(b)(c)
 
2,906,000
2,937,308
 
 
35,336,472
Automotive Retail–0.29%
Advance Auto Parts, Inc.,
7.00%, 08/01/2030(b)(c)
 
1,659,000
1,705,815
7.38%, 08/01/2033(b)(c)
 
1,258,000
1,309,622
AutoZone, Inc.,
4.75%, 08/01/2032
 
514,000
509,750
5.20%, 08/01/2033
 
872,000
880,707
Carvana Co., 0.00% PIK Rate,
9.00% Cash Rate,
06/01/2031(b)(g)
 
546,770
604,626
Group 1 Automotive, Inc.,
4.00%, 08/15/2028(b)
 
1,221,000
1,188,368
6.38%, 01/15/2030(b)
 
559,000
568,570
LCM Investments Holdings II LLC,
8.25%, 08/01/2031(b)
 
538,000
561,685
Lithia Motors, Inc.,
5.50%, 10/01/2030(b)
 
1,682,000
1,668,653
4.38%, 01/15/2031(b)
 
617,000
585,030
O’Reilly Automotive, Inc., 5.00%,
08/19/2034
 
1,960,000
1,944,283
 
 
11,527,109
Biotechnology–0.34%
AbbVie, Inc.,
5.05%, 03/15/2034
 
616,000
625,342
4.88%, 11/14/2048(c)
 
688,000
620,106
5.40%, 03/15/2054
 
165,000
159,094
5.50%, 03/15/2064
 
1,841,000
1,774,461
Amgen, Inc.,
5.25%, 03/02/2030
 
35,000
35,779
4.40%, 05/01/2045
 
367,000
311,066
5.65%, 03/02/2053
 
3,786,000
3,683,161
5.75%, 03/02/2063
 
3,161,000
3,070,589
Gilead Sciences, Inc.,
5.25%, 10/15/2033
 
1,397,000
1,441,585
5.55%, 10/15/2053(c)
 
1,991,000
1,967,208
 
 
13,688,391
Brewers–0.01%
Anheuser-Busch InBev Worldwide,
Inc. (Belgium), 5.55%,
01/23/2049
 
236,000
232,786
Broadcasting–0.28%
Discovery Communications LLC,
6.35%, 06/01/2040
 
394,000
325,298
Gray Media, Inc., 9.63%,
07/15/2032(b)
 
165,000
162,883
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Broadcasting–(continued)
Nexstar Media, Inc.,
6.50%, 09/15/2033(b)
 
$6,562,000
$6,618,945
7.25%, 04/15/2034(b)(c)
 
2,658,000
2,676,308
Paramount Global,
6.88%, 04/30/2036(c)
 
643,000
595,061
5.85%, 09/01/2043
 
429,000
316,427
Univision Communications, Inc.,
4.50%, 05/01/2029(b)
 
358,000
340,573
9.38%, 08/01/2032(b)
 
240,000
245,989
 
 
11,281,484
Broadline Retail–0.65%
Amazon.com, Inc.,
4.25%, 03/13/2031
 
117,000
115,732
4.88%, 03/13/2036
 
11,342,000
11,209,902
5.65%, 03/13/2046
 
7,589,000
7,583,321
5.80%, 03/13/2056
 
7,214,000
7,225,949
Macy’s Retail Holdings LLC,
6.13%, 03/15/2032(b)
 
75,000
75,081
 
 
26,209,985
Building Products–0.26%
Carrier Global Corp., 5.90%,
03/15/2034
 
358,000
377,914
CRH America Finance, Inc.,
4.40%, 02/09/2031(c)
 
650,000
641,804
5.00%, 02/09/2036
 
3,952,000
3,884,256
5.60%, 02/09/2056
 
1,213,000
1,184,105
Lennox International, Inc.,
5.50%, 09/15/2028
 
30,000
30,639
Masco Corp., 3.13%,
02/15/2051(c)
 
3,272,000
2,129,120
New Enterprise Stone & Lime Co.,
Inc., 5.25%, 07/15/2028(b)
 
575,000
572,382
Rentokil Terminix Funding PLC
(United Kingdom), 4.63%,
04/23/2031(b)
 
1,689,000
1,666,027
 
 
10,486,247
Cable & Satellite–0.70%
CCO Holdings LLC/CCO Holdings Capital
Corp.,
5.38%, 06/01/2029(b)
 
138,000
135,545
6.38%, 09/01/2029(b)
 
198,000
199,028
4.75%, 03/01/2030(b)
 
621,000
587,269
4.75%, 02/01/2032(b)(c)
 
399,000
355,996
4.50%, 05/01/2032
 
522,000
458,409
4.50%, 06/01/2033(b)(c)
 
688,000
589,024
7.38%, 02/01/2036(b)(c)
 
293,000
286,313
Charter Communications
Operating LLC/Charter
Communications Operating Capital
Corp.,
6.65%, 02/01/2034(c)
 
2,011,000
2,077,231
5.85%, 12/01/2035(c)
 
1,890,000
1,840,946
5.75%, 04/01/2048
 
641,000
539,712
6.83%, 10/23/2055
 
1,164,000
1,098,219
6.70%, 12/01/2055(c)
 
1,821,000
1,725,211
 
Principal
Amount
Value
Cable & Satellite–(continued)
Comcast Corp.,
5.50%, 11/15/2032(c)
 
$1,093,000
$1,134,747
3.45%, 02/01/2050
 
134,000
88,863
2.89%, 11/01/2051
 
168,000
98,131
6.05%, 05/15/2055(c)
 
4,418,000
4,367,585
Cox Communications, Inc.,
5.70%, 06/15/2033(b)
 
408,000
402,394
5.80%, 12/15/2053(b)
 
1,742,000
1,462,826
Directv Financing LLC, 8.88%,
02/01/2030(b)
 
579,000
594,390
Directv Financing LLC/Directv
Financing Co-Obligor, Inc.,
10.00%, 02/15/2031(b)(c)
 
296,000
309,950
Sinclair Television Group, Inc.,
8.13%, 02/15/2033(b)
 
112,000
115,220
Sirius XM Radio LLC, 5.00%,
08/01/2027(b)
 
9,000,000
8,990,957
Versant Media Group, Inc.,
7.25%, 01/30/2031(b)(c)
 
562,000
584,222
 
 
28,042,188
Cargo Ground Transportation–0.21%
Fedex Freight Holding Co., Inc.,
4.30%, 03/15/2029(b)
 
532,000
525,376
4.65%, 03/15/2031(b)(c)
 
2,233,000
2,200,609
4.95%, 03/15/2033(b)(c)
 
562,000
551,549
5.25%, 03/15/2036(b)
 
3,258,000
3,179,563
Penske Truck Leasing Co. L.P./PTL
Finance Corp.,
5.35%, 01/12/2027(b)
 
2,000
2,009
4.40%, 07/01/2027(b)
 
166,000
165,737
5.70%, 02/01/2028(b)
 
68,000
69,063
5.55%, 05/01/2028(b)
 
214,000
217,482
6.05%, 08/01/2028(b)
 
157,000
161,405
6.20%, 06/15/2030(b)
 
112,000
117,204
4.55%, 01/15/2031(b)(c)
 
1,424,000
1,407,850
Ryder System, Inc., 4.90%,
12/01/2029
 
25,000
25,252
 
 
8,623,099
Casinos & Gaming–0.13%
Las Vegas Sands Corp.,
5.30%, 05/15/2031
 
1,612,000
1,613,515
5.65%, 05/18/2033
 
1,523,000
1,533,621
Melco Resorts Finance Ltd.
(Hong Kong), 6.50%,
09/24/2033(b)(c)
 
600,000
592,908
Studio City Finance Ltd. (Macau),
5.00%, 01/15/2029(b)
 
902,000
865,180
Voyager Parent LLC, 9.25%,
07/01/2032(b)
 
555,000
589,047
 
 
5,194,271
Coal & Consumable Fuels–0.05%
Australian MetCoal Financing Pty Ltd.
(Australia),
6.25%, 10/22/2031(b)
 
920,000
936,125
6.75%, 04/22/2034(b)
 
1,016,000
1,045,251
 
 
1,981,376
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Commercial & Residential Mortgage Finance–0.17%
Aviation Capital Group LLC,
6.25%, 04/15/2028(b)
 
$137,000
$140,573
6.75%, 10/25/2028(b)
 
270,000
281,745
4.25%, 04/30/2029(b)
 
217,000
213,654
4.80%, 10/24/2030(b)
 
3,102,000
3,077,935
Nationstar Mortgage Holdings, Inc.,
6.50%, 08/01/2029(b)
 
552,000
547,860
7.13%, 02/01/2032(b)
 
531,000
525,690
Nationwide Building Society
(United Kingdom), 6.56%,
10/18/2027(b)(e)
 
492,000
496,005
Radian Group, Inc., 6.20%,
05/15/2029
 
169,000
175,018
Rocket Cos., Inc., 6.13%,
08/01/2030(b)
 
662,000
672,478
Rocket Mortgage LLC/Rocket
Mortgage Co-Issuer, Inc.,
2.88%, 10/15/2026(b)
 
236,000
234,546
Walker & Dunlop, Inc., 6.63%,
04/01/2033(b)(c)
 
555,000
562,262
 
 
6,927,766
Commodity Chemicals–0.06%
Westlake Corp., 3.13%,
08/15/2051
 
3,917,000
2,414,544
Computer & Electronics Retail–0.13%
Dell International LLC/EMC Corp.,
5.50%, 04/01/2035(c)
 
4,308,000
4,413,257
8.10%, 07/15/2036
 
78,000
93,643
Leidos, Inc.,
4.10%, 03/15/2029
 
92,000
90,835
5.75%, 03/15/2033
 
726,000
752,871
 
 
5,350,606
Construction & Engineering–0.01%
AECOM, 6.00%, 08/01/2033(b)
 
579,000
580,298
Construction Machinery & Heavy Transportation Equipment–
0.44%
Caterpillar Financial Services Corp.,
3.75%, 02/23/2029
 
156,000
153,963
4.13% (SOFR + 0.49%),
02/23/2029(f)
 
83,000
83,105
Series L, 4.50%, 05/15/2031
 
3,260,000
3,255,647
Caterpillar, Inc.,
5.20%, 05/15/2035
 
1,348,000
1,378,832
5.50%, 05/15/2055
 
22,000
22,364
Cummins, Inc.,
4.70%, 02/15/2031
 
254,000
255,802
5.15%, 02/20/2034
 
1,106,000
1,127,410
5.30%, 05/09/2035
 
2,200,000
2,250,042
5.45%, 02/20/2054(c)
 
2,490,000
2,447,632
Komatsu Finance America, Inc.,
4.20%, 09/18/2030(b)
 
248,000
243,570
Westinghouse Air Brake Technologies
Corp.,
4.90%, 05/29/2030
 
110,000
111,127
5.50%, 05/29/2035
 
6,171,000
6,316,252
 
 
17,645,746
 
Principal
Amount
Value
Construction Materials–0.04%
JH North America Holdings, Inc.,
5.88%, 01/31/2031(b)
 
$375,000
$375,213
6.13%, 07/31/2032(b)
 
1,323,000
1,327,448
 
 
1,702,661
Consumer Electronics–0.16%
LG Electronics, Inc. (South Korea),
5.63%, 04/24/2027(b)(c)
 
1,598,000
1,613,180
5.63%, 04/24/2029(b)
 
1,692,500
1,736,522
Tyco Electronics Group S.A.
(Switzerland),
4.50%, 02/09/2031
 
115,000
114,341
4.88%, 02/09/2036
 
2,853,000
2,811,561
 
 
6,275,604
Consumer Finance–0.96%
American Express Co.,
4.73%, 04/25/2029(e)
 
19,000
19,099
4.35%, 07/20/2029(e)
 
63,000
62,813
4.45% (SOFR + 0.81%),
07/20/2029(f)
 
92,000
92,270
5.53%, 04/25/2030(e)
 
90,000
92,377
4.65% (SOFR + 1.02%),
01/30/2031(f)
 
31,000
31,202
5.02%, 04/25/2031(e)
 
228,000
230,956
4.92%, 07/20/2033(c)(e)
 
2,833,000
2,837,153
5.44%, 01/30/2036(c)(e)
 
1,533,000
1,565,375
5.67%, 04/25/2036(e)
 
1,918,000
1,989,892
4.80%, 10/24/2036(e)
 
9,170,000
8,877,069
5.41%, 02/08/2041(c)(e)
 
8,530,000
8,515,016
Bread Financial Holdings, Inc.,
8.38%, 06/15/2035(b)(e)
 
275,000
287,629
Capital One Financial Corp.,
7.15%, 10/29/2027(e)
 
99,000
100,052
4.49%, 09/11/2031(e)
 
58,000
57,028
4.72%, 01/30/2032(e)
 
39,000
38,548
5.40%, 01/30/2037(e)
 
8,477,000
8,371,406
EZCORP, Inc., 7.38%,
04/01/2032(b)
 
1,654,000
1,754,957
FirstCash, Inc.,
6.88%, 03/01/2032(b)
 
496,000
510,613
6.13%, 05/01/2034(b)
 
250,000
250,305
General Motors Financial Co., Inc.,
Series B, 6.50%(e)(h)
 
200,000
200,070
Navient Corp.,
4.88%, 03/15/2028
 
102,000
100,026
9.38%, 07/25/2030
 
173,000
176,368
7.88%, 06/15/2032
 
664,000
618,472
OneMain Finance Corp.,
6.63%, 05/15/2029
 
360,000
366,062
4.00%, 09/15/2030
 
171,000
157,928
7.13%, 11/15/2031
 
569,000
576,440
6.75%, 03/15/2032
 
260,000
258,870
7.13%, 09/15/2032(c)
 
360,000
363,233
Synchrony Financial, 5.02%,
07/29/2029(e)
 
90,000
90,134
 
 
38,591,363
Consumer Staples Merchandise Retail–0.13%
Dollar General Corp.,
5.00%, 11/01/2032
 
312,000
310,701
5.50%, 11/01/2052(c)
 
847,000
801,763
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Consumer Staples Merchandise Retail–(continued)
Dollar Tree, Inc., 3.38%,
12/01/2051
 
$3,238,000
$2,151,620
Target Corp., 5.00%,
04/15/2035(c)
 
1,968,000
1,975,259
Walmart, Inc., 4.50%,
09/09/2052
 
66,000
57,433
 
 
5,296,776
Copper–0.00%
Freeport-McMoRan, Inc., 5.00%,
09/01/2027
 
51,000
51,017
Distillers & Vintners–0.04%
Brown-Forman Corp., 4.75%,
04/15/2033(c)
 
304,000
300,033
Constellation Brands, Inc.,
4.80%, 05/01/2030
 
18,000
18,121
4.90%, 05/01/2033
 
283,000
280,677
4.95%, 11/01/2035(c)
 
924,000
900,249
 
 
1,499,080
Distributors–0.06%
Genuine Parts Co.,
6.50%, 11/01/2028
 
309,000
320,051
4.95%, 08/15/2029
 
306,000
305,051
6.88%, 11/01/2033(c)
 
1,642,000
1,778,978
 
 
2,404,080
Diversified Banks–12.84%
Australia and New Zealand Banking
Group Ltd. (Australia),
6.74%, 12/08/2032(b)(c)
 
2,300,000
2,484,734
6.75%(b)(e)(h)
 
822,000
822,570
Banco Bilbao Vizcaya Argentaria S.A.
(Spain),
4.53% (SOFR + 0.88%),
03/03/2029(f)
 
400,000
400,473
4.97%, 05/08/2031
 
3,000,000
3,000,512
7.13%(e)(h)
 
5,064,000
5,106,026
9.38%(e)(h)
 
1,203,000
1,319,456
Banco Santander S.A. (Spain),
5.55%, 03/14/2028(e)
 
600,000
605,140
5.07%, 11/06/2030
 
2,600,000
2,561,057
5.13%, 11/06/2035(c)
 
3,800,000
3,731,315
5.44%, 04/15/2036(c)
 
2,200,000
2,199,793
7.25%(e)(h)
 
8,600,000
8,664,216
8.00%(e)(h)
 
63,492
68,154
9.63%(e)(h)
 
1,600,000
1,745,842
9.63%(c)(e)(h)
 
1,200,000
1,411,543
Bank of America Corp.,
4.46% (SOFR + 0.83%),
01/24/2029(f)
 
27,000
27,086
5.20%, 04/25/2029(e)
 
39,000
39,495
4.64% (SOFR + 1.01%),
01/24/2031(c)(f)
 
764,000
767,986
5.16%, 01/24/2031(e)
 
25,000
25,426
4.46%, 02/06/2032(e)
 
6,709,000
6,608,114
5.43%, 08/15/2035(e)
 
2,020,000
2,029,855
2.48%, 09/21/2036(e)
 
157,000
137,042
5.49%, 04/23/2037(e)
 
7,367,000
7,335,955
7.75%, 05/14/2038
 
1,450,000
1,732,030
3.31%, 04/22/2042(e)
 
309,000
239,348
 
Principal
Amount
Value
Diversified Banks–(continued)
6.63%(e)(h)
 
$1,582,000
$1,636,174
Series N, 4.50% (SOFR +
0.87%), 02/06/2032(c)(f)
 
7,046,000
7,014,109
Series RR, 4.38%(c)(e)(h)
 
1,065,000
1,058,438
Series TT, 6.13%(e)(h)
 
1,000
1,011
Bank of Montreal (Canada),
Series J, 4.34%,
03/19/2030(e)
 
97,000
96,442
7.70%, 05/26/2084(e)
 
200,000
210,035
7.30%, 11/26/2084(e)
 
3,111,000
3,266,727
Bank of New York Mellon (The),
4.73%, 04/20/2029(e)
 
126,000
126,959
Bank of Nova Scotia (The) (Canada),
4.90%, 06/05/2032(e)
 
7,282,000
7,291,836
8.63%, 10/27/2082(e)
 
1,286,000
1,345,247
8.00%, 01/27/2084(c)(e)
 
1,391,000
1,471,973
6.88%, 10/27/2085(c)(e)
 
5,428,000
5,485,770
Banque Federative du Credit
Mutuel S.A. (France), 4.59%,
10/16/2028(b)
 
200,000
200,078
Barclays PLC (United Kingdom),
4.22%, 05/24/2030(e)
 
894,000
880,360
4.57% (SOFR + 0.93%),
05/24/2030(f)
 
984,000
983,933
5.37%, 02/25/2031(e)
 
635,000
645,489
4.52%, 02/24/2032(e)
 
2,622,000
2,568,649
5.21%, 02/24/2037(e)
 
9,136,000
8,897,886
3.33%, 11/24/2042(e)
 
423,000
317,303
5.86%, 08/11/2046(e)
 
2,872,000
2,868,659
BBVA Bancomer S.A. (Mexico),
5.40%, 06/03/2031(b)
 
1,816,000
1,820,685
BNP Paribas S.A. (France),
5.06% (SOFR + 1.43%),
05/09/2029(b)(f)
 
200,000
201,594
5.09%, 05/09/2031(b)(e)
 
202,000
203,708
7.20%(b)(e)(h)
 
2,128,000
2,131,909
7.45%(b)(e)(h)
 
200,000
207,125
BPCE S.A. (France),
6.29%, 01/14/2036(b)(e)
 
2,898,000
3,032,425
5.42%, 01/13/2037(b)(c)(e)
 
7,861,000
7,701,923
6.35%, 01/13/2047(b)(e)
 
3,757,000
3,672,962
Brundage-Bone Concrete Pumping
Holdings, Inc., 7.50%,
02/01/2032(b)
 
585,000
603,102
CaixaBank S.A. (Spain), 5.40%,
04/22/2037(b)(c)(e)
 
1,922,000
1,905,684
Citigroup, Inc.,
5.17%, 02/13/2030(e)
 
40,000
40,583
4.54%, 09/19/2030(e)
 
151,000
150,414
5.10% (SOFR + 1.46%),
05/07/2031(f)
 
3,969,000
4,039,287
4.50%, 09/11/2031(e)
 
3,025,000
2,993,414
6.17%, 05/25/2034(e)
 
2,083,000
2,180,806
5.83%, 02/13/2035(e)
 
2,254,000
2,302,273
3.88%, 01/24/2039(e)
 
247,000
214,649
5.41%, 09/19/2039(e)
 
2,662,000
2,631,763
2.90%, 11/03/2042(e)
 
200,000
145,189
5.61%, 03/04/2056(c)(e)
 
5,095,000
4,995,694
6.63%(e)(h)
 
6,048,000
6,144,520
Series AA, 7.63%(e)(h)
 
3,949,000
4,117,235
Series BB, 7.20%(e)(h)
 
2,927,000
3,020,096
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Diversified Banks–(continued)
Series DD, 7.00%(c)(e)(h)
 
$3,686,000
$3,823,660
Series JJ, 6.50%(e)(h)
 
8,469,000
8,564,251
Series Z, 7.38%(e)(h)
 
3,898,000
4,029,659
Corporacion Financiera de
Desarrollo S.A. (Peru), 5.95%,
04/30/2029(b)
 
7,135,000
7,374,201
Credit Agricole S.A. (France),
5.22%, 05/27/2031(b)(e)
 
1,557,000
1,574,267
4.82%, 09/25/2033(b)(c)(e)
 
5,661,000
5,542,620
Danske Bank A/S (Denmark),
5.00%, 03/27/2032(b)(e)
 
3,592,000
3,601,940
Federation des caisses Desjardins du
Quebec (Canada),
4.55%, 08/23/2027(b)
 
93,000
93,300
5.02%, 05/27/2031(b)
 
6,069,000
6,126,147
Fifth Third Bancorp,
6.34%, 07/27/2029(e)
 
29,000
30,032
4.77%, 07/28/2030(e)
 
140,000
140,019
5.63%, 01/29/2032(e)
 
149,000
153,759
4.57%, 04/29/2032(c)(e)
 
10,929,000
10,750,365
4.34%, 04/25/2033(e)
 
585,000
564,994
Fifth Third Financial Corp.,
5.98%, 01/30/2030(e)
 
92,000
94,824
HSBC Holdings PLC (United Kingdom),
5.89%, 08/14/2027(e)
 
587,000
588,678
5.60%, 05/17/2028(e)
 
200,000
202,174
5.21%, 08/11/2028(e)
 
195,000
196,611
4.40%, 03/10/2030(e)
 
456,000
452,072
4.71%, 05/12/2030(e)
 
2,279,000
2,274,569
5.29%, 11/19/2030(e)
 
1,138,000
1,154,609
5.13%, 03/03/2031(e)
 
812,000
819,682
5.20% (SOFR + 1.57%),
05/13/2031(f)
 
3,475,000
3,554,171
5.24%, 05/13/2031(e)
 
2,184,000
2,212,161
4.68%, 03/10/2032(e)
 
2,313,000
2,283,518
5.21%, 05/12/2034(e)
 
4,410,000
4,403,536
5.79%, 05/13/2036(e)
 
200,000
206,608
5.28%, 03/10/2037(e)
 
7,267,000
7,192,620
6.33%, 03/09/2044(e)
 
3,432,000
3,672,664
6.75%(e)(h)
 
1,180,000
1,194,757
6.75%(e)(h)
 
3,537,000
3,554,222
6.88%(e)(h)
 
552,000
567,253
7.00%(e)(h)
 
1,691,000
1,726,648
7.05%(e)(h)
 
4,202,000
4,306,895
ING Groep N.V. (Netherlands),
5.34%, 03/19/2030(e)
 
228,000
232,424
5.42%, 03/23/2037(e)
 
6,445,000
6,462,240
JPMorgan Chase & Co.,
5.57%, 04/22/2028(e)
 
15,000
15,163
4.32%, 04/26/2028(e)
 
18,000
17,992
4.85%, 07/25/2028(e)
 
91,000
91,460
4.92%, 01/24/2029(e)
 
10,000
10,076
5.30%, 07/24/2029(e)
 
13,000
13,197
6.09%, 10/23/2029(e)
 
12,000
12,410
5.01%, 01/23/2030(e)
 
29,000
29,282
5.58%, 04/22/2030(e)
 
214,000
219,491
5.00%, 07/22/2030(e)
 
377,000
380,668
4.60%, 10/22/2030(e)
 
229,000
228,696
5.14%, 01/24/2031(e)
 
74,000
75,173
5.10%, 04/22/2031(e)
 
97,000
98,629
 
Principal
Amount
Value
Diversified Banks–(continued)
4.26%, 10/22/2031(e)
 
$2,562,000
$2,513,316
4.35%, 01/22/2032(e)
 
2,526,000
2,483,349
4.59%, 04/26/2033(e)
 
743,000
732,857
4.91%, 07/25/2033(e)
 
76,000
76,165
5.72%, 09/14/2033(e)
 
1,827,000
1,889,205
5.35%, 06/01/2034(e)
 
26,000
26,534
5.34%, 01/23/2035(e)
 
403,000
409,176
4.81%, 10/22/2036(e)
 
4,788,000
4,648,537
4.90%, 01/22/2037(c)(e)
 
5,286,000
5,153,030
5.15%, 04/23/2037(e)
 
3,367,000
3,347,702
3.88%, 07/24/2038(e)
 
211,000
186,525
5.53%, 11/29/2045(e)
 
2,182,000
2,172,434
4.26%, 02/22/2048(e)
 
328,000
272,474
6.10%(e)(h)
 
14,408,000
14,530,133
Series W, 4.91% (3 mo. Term
SOFR + 1.26%),
05/15/2047(f)
 
1,275,000
1,163,149
Series CC, 6.51% (3 mo. Term
SOFR + 2.84%)(f)(h)
 
142,000
142,983
Series NN, 6.88%(c)(e)(h)
 
635,000
663,311
Series OO, 6.50%(c)(e)(h)
 
4,055,000
4,159,015
KeyCorp, 5.31%,
01/28/2037(c)(e)
 
1,794,000
1,768,732
Lloyds Banking Group PLC (United
Kingdom), 4.43%,
11/04/2031(e)
 
2,041,000
2,007,948
Macquarie Bank Ltd. (Australia),
4.11% (SOFR + 0.48%),
02/03/2028(b)(f)
 
50,000
50,020
Manufacturers & Traders
Trust Co., 4.70%,
01/27/2028
 
70,000
70,291
Mitsubishi Ufj Financial Group, Inc.
(Japan),
5.33%, 04/21/2037(e)
 
3,431,000
3,443,133
5.87%, 04/21/2047(e)
 
4,014,000
4,070,376
Mitsubishi UFJ Financial Group, Inc.
(Japan),
5.02%, 07/20/2028(e)
 
52,000
52,348
5.26%, 04/17/2030(e)
 
340,000
345,540
5.11% (SOFR + 1.48%),
04/24/2031(c)(f)
 
1,645,000
1,680,181
5.16%, 04/24/2031(e)
 
1,754,000
1,779,601
4.53%, 09/12/2031(e)
 
3,232,000
3,197,000
5.41%, 04/19/2034(c)(e)
 
1,235,000
1,266,513
5.43%, 04/17/2035(e)
 
2,812,000
2,868,502
5.57%, 01/16/2036(e)
 
200,000
205,475
5.19%, 09/12/2036(c)(e)
 
4,152,000
4,146,953
6.35%(c)(e)(h)
 
5,549,000
5,575,480
8.20%(c)(e)(h)
 
3,826,000
4,142,165
Mizuho Bank Ltd. (Japan),
5.19%, 04/16/2036(b)
 
3,112,000
3,105,792
5.77%, 04/16/2046(b)
 
3,514,000
3,520,135
Mizuho Financial Group, Inc. (Japan),
5.78%, 07/06/2029(e)
 
53,000
54,362
5.38%, 07/10/2030(c)(e)
 
200,000
204,182
4.71%, 07/08/2031(c)(e)
 
3,983,000
3,979,337
4.89% (SOFR + 1.25%),
07/08/2031(f)
 
2,199,000
2,225,232
5.59%, 07/10/2035(e)
 
3,076,000
3,164,233
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Diversified Banks–(continued)
Morgan Stanley Bank N.A.,
5.02%, 01/12/2029(e)
 
$154,000
$155,240
Morgan Stanley Bank, N.A.,
4.61% (SOFR + 0.98%),
05/10/2030(c)(f)
 
2,232,000
2,244,539
Morgan Stanley Private Bank N.A.,
4.21%, 02/08/2030(e)
 
395,000
390,704
4.40% (SOFR + 0.77%),
02/08/2030(f)
 
3,318,000
3,309,949
4.73%, 07/18/2031(e)
 
2,523,000
2,516,811
National Australia Bank Ltd.
(Australia), 5.90%,
01/14/2036(b)(c)(e)
 
4,004,000
4,115,206
National Securities Clearing Corp.,
5.10%, 11/21/2027(b)
 
74,000
74,992
Nordea Bank Abp (Finland),
4.25%, 08/28/2030(b)(c)
 
447,000
441,507
6.30%(b)(c)(e)(h)
 
2,874,000
2,909,853
6.75%(b)(e)(h)
 
2,427,000
2,462,031
Pinnacle Bank,
5.63%, 02/15/2028
 
783,000
793,330
5.96%, 01/15/2036(e)
 
1,433,000
1,423,611
PNC Financial Services Group, Inc.
(The),
6.62%, 10/20/2027(e)
 
176,000
177,592
4.08%, 01/26/2029(e)
 
27,000
26,849
4.25% (SOFR + 0.62%),
01/26/2029(f)
 
97,000
97,069
5.58%, 06/12/2029(e)
 
17,000
17,394
4.31% (SOFR + 0.68%),
10/26/2029(f)
 
7,845,000
7,849,615
4.62%, 10/26/2029(e)
 
6,225,000
6,229,607
4.90%, 05/13/2031(e)
 
76,000
76,617
4.63%, 06/06/2033(e)
 
135,000
131,098
6.04%, 10/28/2033(e)
 
691,000
729,691
5.07%, 01/24/2034(e)
 
712,000
714,351
5.37%, 07/21/2036(c)(e)
 
1,906,000
1,925,344
5.42%, 01/25/2041(c)(e)
 
6,677,000
6,564,681
Series V, 6.20%(c)(e)(h)
 
524,000
531,169
Series W, 6.25%(c)(e)(h)
 
572,000
584,551
Royal Bank of Canada (Canada),
5.00%, 02/01/2033
 
1,028,000
1,038,515
7.50%, 05/02/2084(c)(e)
 
1,099,000
1,141,094
6.50%, 05/24/2086(e)
 
17,178,000
16,994,058
Standard Chartered PLC (United
Kingdom),
6.19%, 07/06/2027(b)(e)
 
277,000
277,412
6.75%, 02/08/2028(b)(e)
 
206,000
209,097
7.02%, 02/08/2030(b)(e)
 
433,000
457,046
5.01%, 10/15/2030(b)(e)
 
1,004,000
1,011,631
5.24%, 05/13/2031(b)(e)
 
1,792,000
1,814,119
5.31% (SOFR + 1.68%),
05/13/2031(b)(f)
 
1,778,000
1,824,395
2.68%, 06/29/2032(b)(e)
 
3,050,000
2,729,509
5.24%, 01/13/2037(b)(e)
 
9,136,000
8,967,630
7.00%(b)(e)(h)
 
6,392,000
6,425,091
7.75%(b)(e)(h)
 
1,875,000
1,924,676
Sumitomo Mitsui Financial Group, Inc.
(Japan),
5.33%, 03/03/2041(e)
 
5,629,000
5,514,341
6.60%(c)(e)(h)
 
2,647,000
2,682,486
 
Principal
Amount
Value
Diversified Banks–(continued)
Sumitomo Mitsui Trust Bank Ltd.
(Japan),
5.65%, 09/14/2026(b)
 
$42,000
$42,187
5.55%, 09/14/2028(b)
 
76,000
77,820
4.35%, 09/11/2030(b)(c)
 
253,000
250,718
Sumitomo Mitsui Trust Group, Inc.
(Japan), 5.42%,
09/11/2036(b)(c)(e)
 
1,607,000
1,584,652
Toronto-Dominion Bank (The) (Canada),
4.93%, 10/15/2035(c)
 
2,256,000
2,218,578
8.13%, 10/31/2082(e)
 
495,000
514,149
7.25%, 07/31/2084(e)
 
144,000
150,099
U.S. Bancorp,
5.78%, 06/12/2029(e)
 
22,000
22,542
5.84%, 06/12/2034(e)
 
25,000
26,097
5.03%, 01/26/2037(e)
 
12,530,000
12,348,813
UBS AG (Switzerland), 4.13%
(SOFR + 0.50%),
05/17/2027(f)
 
112,000
112,107
UBS AG/Stamford CT
(Switzerland), 4.30%,
03/16/2029(e)
 
250,000
249,584
Wells Fargo & Co.,
5.71%, 04/22/2028(e)
 
12,000
12,138
4.81%, 07/25/2028(e)
 
11,000
11,035
5.00% (SOFR + 1.37%),
04/23/2029(f)
 
70,000
70,841
5.57%, 07/25/2029(e)
 
43,000
43,851
6.30%, 10/23/2029(e)
 
23,000
23,886
4.18%, 01/23/2030(e)
 
144,000
142,548
5.20%, 01/23/2030(e)
 
44,000
44,664
5.15%, 04/23/2031(e)
 
481,000
488,233
4.84%, 05/20/2032(e)
 
5,427,000
5,423,689
5.39%, 04/24/2034(e)
 
528,000
537,731
5.56%, 07/25/2034(e)
 
596,000
613,303
5.50%, 01/23/2035(e)
 
1,898,000
1,939,050
4.96%, 01/23/2037(c)(e)
 
8,301,000
8,109,887
5.38%, 11/02/2043
 
1,464,000
1,380,003
4.75%, 12/07/2046
 
624,000
532,232
5.43%, 01/23/2047(e)
 
14,435,000
13,874,512
4.61%, 04/25/2053(e)
 
1,092,000
921,514
6.13%(e)(h)
 
8,475,000
8,548,487
6.85%(e)(h)
 
742,000
769,471
7.63%(c)(e)(h)
 
477,000
502,299
Westpac Banking Corp. (Australia),
4.15%, 05/11/2028
 
880,000
879,272
5.62%, 11/20/2035(e)
 
1,436,000
1,453,870
 
 
515,719,462
Diversified Capital Markets–0.83%
Credit Suisse Group AG (Switzerland),
4.50%(b)(d)(e)(h)(i)
 
3,057,000
870,481
5.25%(b)(d)(e)(h)(i)
 
1,903,000
541,879
7.25%(b)(d)(e)(h)(i)
 
330,000
93,967
Deutsche Bank AG (Germany),
5.06%, 04/14/2032(c)(e)
 
1,801,000
1,798,551
SMBC Aviation Capital Finance DAC
(Ireland),
5.30%, 04/03/2029(b)
 
200,000
202,955
5.55%, 04/03/2034(b)
 
200,000
202,192
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Diversified Capital Markets–(continued)
UBS Group AG (Switzerland),
4.75%, 05/12/2028(b)(e)
 
$251,000
$251,845
5.43%, 02/08/2030(b)(e)
 
230,000
233,999
4.21%, 04/10/2030(b)(e)
 
389,000
383,333
4.40%, 09/23/2031(b)(c)(e)
 
2,679,000
2,631,110
5.01%, 03/23/2037(b)(e)
 
2,927,000
2,854,268
5.20%, 08/10/2037(b)(e)
 
9,641,000
9,494,842
5.53%, 05/06/2047(b)(c)(e)
 
7,173,000
6,944,802
4.38%(b)(c)(e)(h)
 
2,080,000
1,901,436
6.60%(b)(c)(e)(h)
 
949,000
959,286
7.00%(b)(c)(e)(h)
 
821,000
830,359
7.13%(b)(c)(e)(h)
 
3,002,000
3,055,736
 
 
33,251,041
Diversified Financial Services–2.68%
AerCap Ireland Capital
DAC/AerCap Global Aviation
Trust (Ireland), 6.50%,
01/31/2056(e)
 
1,866,000
1,905,783
Amrize Finance US LLC,
4.70%, 04/07/2028
 
40,000
40,120
4.95%, 04/07/2030
 
97,000
97,851
Avolon Holdings Funding Ltd. (Ireland),
4.95%, 01/15/2028(b)
 
331,000
332,416
6.38%, 05/04/2028(b)
 
236,000
242,765
5.75%, 03/01/2029(b)
 
32,000
32,718
4.20%, 04/15/2029(b)
 
695,000
683,662
5.75%, 11/15/2029(b)
 
18,000
18,466
5.15%, 01/15/2030(b)
 
74,000
74,378
4.70%, 01/30/2031(b)
 
3,666,000
3,606,275
4.95%, 10/15/2032(b)
 
7,173,000
7,000,494
BlackRock Funding, Inc.,
4.90%, 01/08/2035
 
780,000
784,215
5.35%, 01/08/2055
 
43,000
41,336
Citadel Finance LLC,
4.75%, 02/14/2029(b)
 
968,000
952,016
5.90%, 02/10/2030(b)
 
1,385,000
1,399,041
5.15%, 02/14/2031(b)
 
2,659,000
2,602,085
Citadel Securities Global Holdings LLC,
5.50%, 06/18/2030(b)
 
886,000
901,442
5.13%, 01/27/2032(b)
 
3,009,000
2,969,402
6.20%, 06/18/2035(b)
 
1,093,000
1,123,887
5.75%, 03/27/2036(b)
 
6,168,000
6,097,466
Corebridge Financial, Inc.,
6.05%, 09/15/2033
 
1,302,000
1,367,386
5.75%, 01/15/2034(c)
 
1,572,000
1,616,016
Eagle Funding LuxCo S.a.r.l.
(Mexico), 5.50%,
08/17/2030(b)
 
29,232,000
29,436,039
Freedom Mortgage Holdings LLC,
8.38%, 04/01/2032(b)
 
284,000
288,546
Gabon Blue Bond Master Trust
(Gabon), Series 2, 6.10%,
08/01/2038(b)
 
6,793,000
6,780,988
GABX Leasing LLC, 4.63%,
04/15/2031(b)(c)
 
2,996,000
2,957,850
GGAM Finance Ltd. (Ireland),
5.88%, 03/15/2030(b)(c)
 
866,000
876,461
Global Aircraft Leasing Co. Ltd.
(Cayman Islands), 8.75%,
09/01/2027(b)
 
1,673,000
1,712,008
 
Principal
Amount
Value
Diversified Financial Services–(continued)
Goodman US Finance Seven, LLC
(Australia), 5.25%,
04/28/2036(b)(c)
 
$1,139,000
$1,124,181
Horizon Mutual Holdings, Inc.,
6.20%, 11/15/2034(b)
 
609,000
586,221
Jane Street Group/JSG Finance, Inc.,
7.13%, 04/30/2031(b)
 
985,000
1,021,678
6.13%, 11/01/2032(b)
 
4,059,000
4,071,452
6.75%, 05/01/2033(b)
 
6,602,000
6,794,092
LPL Holdings, Inc.,
5.70%, 05/20/2027
 
59,000
59,669
5.20%, 03/15/2030
 
783,000
789,514
5.15%, 06/15/2030
 
1,023,000
1,029,434
5.65%, 03/15/2035
 
3,449,000
3,432,801
LSEG US Fin Corp. (United Kingdom),
4.50%, 03/23/2031(b)
 
445,000
439,719
5.25%, 03/23/2036(b)
 
1,946,000
1,941,345
Macquarie Airfinance Holdings Ltd.
(United Kingdom),
6.40%, 03/26/2029(b)
 
7,000
7,228
5.15%, 03/17/2030(b)
 
20,000
19,922
6.50%, 03/26/2031(b)
 
12,000
12,560
Pershing Square Holdings Ltd.,
5.50%, 10/28/2032(b)
 
6,154,000
6,115,587
Provident Funding Associates
L.P./PFG Finance Corp.,
9.75%, 09/15/2029(b)
 
814,000
851,376
Wynnton Funding Trust II, 5.99%,
08/15/2055(b)
 
3,503,000
3,499,860
 
 
107,737,751
Diversified Metals & Mining–0.80%
BHP Billiton Finance (USA) Ltd.
(Australia),
5.25%, 09/08/2030
 
61,000
62,581
5.25%, 09/08/2033
 
4,915,000
5,036,242
5.75%, 09/05/2055
 
1,198,000
1,219,417
Corp. Nacional del Cobre de Chile
(Chile), 5.53%,
01/30/2037(b)
 
5,378,000
5,327,178
Glencore Funding LLC (Australia),
4.91%, 04/01/2028(b)
 
29,000
29,199
5.37%, 04/04/2029(b)
 
161,000
164,173
5.19%, 04/01/2030(b)
 
705,000
715,485
5.20%, 07/01/2033(b)
 
3,464,000
3,478,557
5.63%, 04/04/2034(b)
 
1,577,000
1,625,198
5.51%, 04/01/2036(b)
 
7,186,000
7,261,946
5.89%, 04/04/2054(b)(c)
 
782,000
781,135
6.14%, 04/01/2055(b)(c)
 
1,757,000
1,812,324
Rio Tinto Finance (USA) PLC (Australia),
4.88%, 03/14/2030
 
330,000
334,402
5.00%, 03/14/2032
 
592,000
600,061
5.13%, 03/09/2053
 
197,000
182,869
5.75%, 03/14/2055
 
2,035,000
2,061,225
5.88%, 03/14/2065
 
1,570,000
1,608,156
 
 
32,300,148
Diversified REITs–0.06%
Goodman US Finance Eight, LLC
(Australia), 5.88%,
04/28/2046(b)(c)
 
1,487,000
1,465,692
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Diversified REITs–(continued)
Iron Mountain Information
Management Services, Inc.,
5.00%, 07/15/2032(b)
 
$636,000
$613,291
Uniti Group L.P./Uniti Group
Finance 2019, Inc./CSL
Capital LLC, 8.63%,
06/15/2032(b)
 
100,000
104,929
VICI Properties L.P.,
5.13%, 05/15/2032
 
14,000
13,898
5.63%, 05/15/2052
 
115,000
105,767
 
 
2,303,577
Diversified Support Services–0.19%
Amazon Conservation DAC
(Ecuador), 6.03%,
01/16/2042(b)
 
6,975,000
7,053,818
Element Fleet Management Corp.
(Canada),
6.32%, 12/04/2028(b)
 
61,000
63,370
5.04%, 03/25/2030(b)(c)
 
614,000
619,656
 
 
7,736,844
Drug Retail–0.24%
CK Hutchison International (23) Ltd.
(United Kingdom),
4.75%, 04/21/2028(b)
 
188,000
189,547
4.88%, 04/21/2033(b)
 
2,647,000
2,662,915
CVS Pass-Through Trust,
6.04%, 12/10/2028
 
171,967
172,713
5.77%, 01/10/2033(b)
 
973,628
977,002
Teva Pharmaceutical Finance
Netherlands IV B.V. (Israel),
5.75%, 12/01/2030(c)
 
5,392,000
5,518,787
 
 
9,520,964
Electric Utilities–8.19%
AEP Texas, Inc.,
5.70%, 05/15/2034
 
603,000
623,615
5.25%, 05/15/2052
 
593,000
536,012
5.85%, 10/15/2055
 
37,000
36,231
AEP Transmission Co. LLC,
5.38%, 06/15/2035
 
475,000
484,073
Alabama Power Co.,
Series C, 4.30%,
03/15/2031
 
161,000
158,976
5.85%, 11/15/2033
 
684,000
721,744
5.10%, 04/02/2035
 
1,126,000
1,135,732
Alexander Funding Trust II,
7.47%, 07/31/2028(b)
 
219,000
230,007
American Electric Power Co., Inc.,
5.20%, 01/15/2029
 
14,000
14,250
Series C, 5.80%,
03/15/2056(e)
 
7,728,000
7,710,057
Series D, 6.05%,
03/15/2056(e)
 
2,653,000
2,632,187
Arizona Public Service Co.,
5.90%, 08/15/2055
 
4,552,000
4,565,146
Baltimore Gas and Electric Co.,
5.45%, 06/01/2035
 
1,216,000
1,241,173
Berkshire Hathaway Energy Co.,
3.80%, 07/15/2048
 
160,000
120,214
 
Principal
Amount
Value
Electric Utilities–(continued)
California Buyer Ltd./Atlantica
Sustainable Infrastructure PLC
(United Kingdom), 6.38%,
02/15/2032(b)
 
$525,000
$522,389
Capital Power (US Holdings), Inc.
(Canada),
5.26%, 06/01/2028(b)
 
110,000
110,821
6.19%, 06/01/2035(b)(c)
 
2,415,000
2,500,666
CenterPoint Energy Houston
Electric LLC,
4.80%, 03/15/2030
 
31,000
31,349
5.05%, 03/01/2035
 
789,000
789,901
Series AJ, 4.85%,
10/01/2052
 
1,496,000
1,331,468
Commonwealth Edison Co.,
5.95%, 06/01/2055
 
1,041,000
1,061,184
Consolidated Edison Co. of New York,
Inc.,
5.50%, 03/15/2034
 
14,000
14,574
6.15%, 11/15/2052(c)
 
378,000
396,644
5.90%, 11/15/2053
 
1,269,000
1,286,324
5.75%, 11/15/2055
 
2,814,000
2,787,229
Series C, 3.00%, 12/01/2060
 
147,000
87,201
Constellation Energy Generation LLC,
6.13%, 01/15/2034
 
506,000
539,532
6.50%, 10/01/2053
 
906,000
972,801
5.75%, 03/15/2054(c)
 
1,283,000
1,262,949
5.88%, 01/15/2066
 
2,820,000
2,750,081
Constellation Energy Generation, LLC,
4.80%, 01/15/2032
 
5,700,000
5,674,527
5.30%, 06/01/2036
 
6,807,000
6,781,531
Cumberland Combined Cycle
Generation LLC, 5.82%,
05/15/2056
 
7,533,000
7,690,159
Dominion Energy South Carolina,
Inc., 6.25%, 10/15/2053
 
100,000
107,568
Duke Energy Carolinas LLC,
4.85%, 03/15/2030(c)
 
14,000
14,175
5.25%, 03/15/2035
 
59,000
60,093
5.35%, 01/15/2053
 
1,118,000
1,057,351
Duke Energy Corp.,
4.85%, 01/05/2029
 
18,000
18,159
5.00%, 08/15/2052
 
1,083,000
941,947
Duke Energy Florida LLC,
4.20%, 12/01/2030
 
108,000
106,590
6.20%, 11/15/2053
 
148,000
157,094
Duke Energy Indiana LLC,
5.40%, 04/01/2053
 
2,120,000
2,009,326
5.90%, 05/15/2055
 
1,513,000
1,528,796
Edison International, 5.00%,
05/05/2028(c)
 
1,104,000
1,106,466
Electricite de France S.A. (France),
5.70%, 05/23/2028(b)
 
1,457,000
1,488,323
5.25%, 04/22/2036(b)
 
8,579,000
8,440,546
6.38%, 01/13/2055(b)(c)
 
10,824,000
11,082,067
6.13%, 04/22/2056(b)(c)
 
15,159,000
14,996,401
6.00%, 04/22/2064(b)(c)
 
4,711,000
4,505,896
6.25%, 04/22/2066(b)
 
16,257,000
16,002,250
9.13%(b)(c)(e)(h)
 
1,818,000
2,106,962
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Electric Utilities–(continued)
Emera US Finance LLC,
4.50%, 04/01/2029
 
$148,000
$147,411
5.20%, 04/01/2033
 
1,187,000
1,181,908
Series A, 6.65%,
10/01/2056(e)
 
2,683,000
2,719,151
Series B, 6.85%,
10/01/2056(c)(e)
 
2,111,000
2,141,002
Entergy Corp.,
7.13%, 12/01/2054(e)
 
398,000
413,011
5.88%, 06/15/2056(e)
 
82,000
82,368
Entergy Louisiana LLC, 5.15%,
09/15/2034
 
1,033,000
1,044,100
Entergy Texas, Inc.,
5.25%, 04/15/2035
 
1,454,000
1,464,763
5.55%, 09/15/2054
 
47,000
45,038
Evergy Metro, Inc.,
4.95%, 04/15/2033
 
565,000
566,528
5.13%, 08/15/2035
 
2,052,000
2,040,730
Evergy Missouri West, Inc.,
5.25%, 12/15/2035(b)
 
1,804,000
1,788,986
Evergy, Inc., 4.25%,
03/15/2029
 
14,000
13,874
Exelon Corp.,
5.15%, 03/15/2029
 
15,000
15,254
5.13%, 03/15/2031
 
519,000
527,565
5.45%, 03/15/2034
 
770,000
790,357
5.60%, 03/15/2053(c)
 
1,654,000
1,587,362
5.88%, 03/15/2055
 
2,879,000
2,855,702
FirstEnergy Pennsylvania Electric
Co., 5.20%, 04/01/2028(b)
 
1,000
1,012
FirstEnergy Transmission LLC,
4.55%, 01/15/2030
 
37,000
36,885
5.00%, 01/15/2035
 
821,000
812,266
Florida Power & Light Co.,
4.70%, 02/15/2036
 
1,554,000
1,512,796
5.13%, 06/01/2036
 
2,933,000
2,947,023
5.75%, 06/01/2056
 
2,285,000
2,295,355
5.80%, 03/15/2065
 
1,428,000
1,419,070
5.60%, 02/15/2066
 
3,823,000
3,685,217
5.90%, 06/01/2066
 
2,865,000
2,885,772
Georgia Power Co., 4.95%,
05/17/2033(c)
 
522,000
526,326
Indiana Michigan Power Co.,
5.63%, 04/01/2053
 
160,000
157,435
5.60%, 03/15/2056
 
2,091,000
2,042,370
ITC Holdings Corp.,
4.88%, 04/15/2031(b)
 
2,400,000
2,393,444
5.50%, 04/15/2036(b)
 
1,647,000
1,665,662
Louisville Gas and Electric Co.,
5.85%, 08/15/2055
 
6,911,000
6,970,602
MidAmerican Energy Co.,
5.35%, 01/15/2034
 
542,000
557,793
5.85%, 09/15/2054
 
1,706,000
1,732,434
5.30%, 02/01/2055
 
1,002,000
941,581
Narragansett Electric Co. (The),
6.00%, 05/15/2056(b)
 
4,030,000
4,104,629
 
Principal
Amount
Value
Electric Utilities–(continued)
National Rural Utilities Cooperative
Finance Corp.,
Series D,
4.06% (SOFR + 0.43%),
08/09/2027(f)
 
$89,000
$89,049
4.15%, 08/25/2028
 
109,000
108,400
4.05%, 02/09/2029
 
55,000
54,517
4.85%, 02/07/2029
 
39,000
39,390
4.40%, 05/11/2029
 
77,000
76,963
5.00%, 02/07/2031(c)
 
120,000
122,123
5.80%, 01/15/2033(c)
 
498,000
526,408
5.00%, 08/15/2034(c)
 
2,066,000
2,083,100
7.13%, 09/15/2053(e)
 
5,093,000
5,306,631
5.75%, 04/20/2056
 
7,795,000
7,737,444
5.95%, 04/20/2056
 
9,114,000
9,073,746
NextEra Energy Capital Holdings, Inc.,
5.00%, 07/15/2032
 
365,000
368,367
5.45%, 03/15/2035(c)
 
2,672,000
2,723,635
5.55%, 03/15/2054
 
2,906,000
2,754,300
5.90%, 03/15/2055
 
3,565,000
3,528,229
Niagara Mohawk Power Corp.,
4.65%, 10/03/2030(b)(c)
 
1,881,000
1,873,177
5.29%, 01/17/2034(b)
 
1,056,000
1,060,199
5.66%, 01/17/2054(b)
 
747,000
708,289
6.00%, 07/03/2055(b)
 
6,419,000
6,383,095
Northern States Power Co.,
5.65%, 05/15/2055
 
2,001,000
1,988,435
NRG Energy, Inc.,
4.73%, 10/15/2030(b)
 
3,980,000
3,924,549
4.96%, 04/30/2031(b)
 
2,107,000
2,085,751
5.75%, 01/15/2034(b)
 
1,911,000
1,891,167
5.88%, 05/15/2034(b)
 
1,891,000
1,880,055
5.41%, 10/15/2035(b)
 
4,590,000
4,509,966
6.00%, 01/15/2036(b)
 
1,510,000
1,500,898
6.13%, 05/15/2036(b)
 
1,857,000
1,853,982
Oglethorpe Power Corp., 5.90%,
02/01/2055
 
1,316,000
1,298,254
Ohio Power Co., 5.65%,
06/01/2034
 
3,630,000
3,762,293
Oklahoma Gas and Electric Co.,
5.60%, 04/01/2053
 
4,062,000
3,922,357
Oncor Electric Delivery Co. LLC,
5.65%, 11/15/2033
 
926,000
970,592
5.80%, 04/01/2055(c)
 
4,672,000
4,696,303
Pacific Gas and Electric Co.,
6.10%, 01/15/2029
 
294,000
303,443
5.20%, 05/01/2036
 
2,177,000
2,124,154
6.15%, 03/01/2055
 
35,000
34,295
6.00%, 05/01/2056
 
2,999,000
2,883,684
PacifiCorp,
5.10%, 02/15/2029
 
45,000
45,541
5.30%, 02/15/2031
 
664,000
676,360
5.45%, 02/15/2034
 
1,316,000
1,334,056
5.80%, 01/15/2055
 
1,631,000
1,558,464
7.13%, 08/15/2056(e)
 
2,077,000
2,089,321
PG&E Corp., 7.38%,
03/15/2055(e)
 
7,237,000
7,375,316
Pinnacle West Capital Corp.,
4.90%, 05/15/2028
 
1,000
1,007
5.15%, 05/15/2030
 
62,000
62,919
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Electric Utilities–(continued)
PPL Capital Funding, Inc.,
Conv., 3.00%, 12/01/2030(b)
 
$3,762,000
$3,803,758
5.25%, 09/01/2034
 
555,000
558,108
PPL Electric Utilities Corp.,
5.55%, 08/15/2055(c)
 
868,000
850,538
PSEG Power LLC, 5.20%,
05/15/2030(b)
 
18,000
18,268
Public Service Co. of Colorado,
5.25%, 04/01/2053
 
1,630,000
1,505,481
San Diego Gas & Electric Co.,
5.35%, 04/01/2053
 
1,769,000
1,654,580
Sierra Pacific Power Co., 5.90%,
03/15/2054
 
2,115,000
2,120,432
Southern Co. (The),
5.70%, 10/15/2032
 
545,000
569,434
5.70%, 03/15/2034
 
1,948,000
2,022,259
4.85%, 03/15/2035
 
1,191,000
1,163,688
6.00%, 04/01/2058(c)(e)
 
11,112,000
11,191,473
Southwestern Electric Power Co.,
5.30%, 04/01/2033
 
729,000
740,316
5.20%, 04/01/2036
 
1,724,000
1,703,407
Trans-Allegheny Interstate Line
Co., 5.00%, 01/15/2031(b)
 
95,000
95,956
Union Electric Co.,
5.20%, 04/01/2034
 
1,687,000
1,718,343
5.25%, 04/15/2035
 
1,499,000
1,521,493
5.13%, 03/15/2055
 
988,000
902,417
Virginia Electric & Power Co.,
Series C, 4.90%,
09/15/2035
 
3,770,000
3,716,488
2.95%, 11/15/2051
 
268,000
168,316
5.70%, 08/15/2053
 
215,000
212,946
Series D, 5.60%,
09/15/2055
 
4,158,000
4,042,095
Virginia Electric and Power Co.,
5.00%, 04/01/2033
 
642,000
649,249
Vistra Operations Co. LLC,
4.38%, 05/01/2029(b)
 
78,000
76,542
4.60%, 10/15/2030(b)
 
1,714,000
1,681,578
4.70%, 01/31/2031(b)
 
2,444,000
2,403,020
7.75%, 10/15/2031(b)
 
445,000
466,737
6.88%, 04/15/2032(b)
 
277,000
288,381
6.95%, 10/15/2033(b)
 
1,314,000
1,430,997
6.00%, 04/15/2034(b)
 
825,000
850,630
5.70%, 12/30/2034(b)
 
44,000
44,545
5.35%, 01/31/2036(b)
 
4,486,000
4,390,427
Wisconsin Electric Power Co.,
4.15%, 10/15/2030
 
123,000
121,183
Wisconsin Public Service Corp.,
4.25%, 01/15/2031
 
172,000
170,185
Xcel Energy, Inc., 4.75%,
03/21/2028
 
11,000
11,053
 
 
328,898,086
Electrical Components & Equipment–0.69%
EnerSys,
4.38%, 12/15/2027(b)
 
4,360,000
4,333,723
6.63%, 01/15/2032(b)
 
286,000
294,517
Molex Electronic Technologies LLC,
4.75%, 04/30/2028(b)
 
26,000
26,097
5.25%, 04/30/2032(b)
 
1,831,000
1,866,666
 
Principal
Amount
Value
Electrical Components & Equipment–(continued)
Nissan Motor Acceptance Co. LLC,
6.13%, 09/30/2030(b)
 
$918,000
$907,128
Regal Rexnord Corp.,
6.05%, 04/15/2028
 
84,000
85,928
6.40%, 04/15/2033(c)
 
2,699,000
2,861,139
Vertiv Group Corp., 4.13%,
11/15/2028(b)
 
189,000
186,837
Vertiv Holdings Co.,
4.85%, 03/15/2036
 
1,810,000
1,763,570
5.65%, 03/15/2046
 
2,021,000
1,972,446
5.80%, 03/15/2056
 
3,207,000
3,163,252
5.95%, 03/15/2066
 
10,235,000
10,110,439
 
 
27,571,742
Electronic Components–0.22%
Amphenol Corp.,
4.13%, 11/15/2030
 
298,000
293,085
4.40%, 02/15/2033
 
3,440,000
3,357,535
5.00%, 01/15/2035(c)
 
1,115,000
1,114,687
5.38%, 11/15/2054(c)
 
1,727,000
1,677,648
Corning, Inc., 5.45%,
11/15/2079
 
1,980,000
1,838,756
Sensata Technologies, Inc.,
3.75%, 02/15/2031(b)
 
641,000
601,474
 
 
8,883,185
Electronic Equipment & Instruments–0.01%
Keysight Technologies, Inc.,
5.35%, 07/30/2030
 
260,000
266,435
Electronic Manufacturing Services–0.06%
EMRLD Borrower L.P./Emerald
Co-Issuer, Inc., 6.63%,
12/15/2030(b)
 
865,000
885,417
Jabil, Inc., 4.75%, 02/01/2033
 
1,743,000
1,704,765
 
 
2,590,182
Environmental & Facilities Services–0.39%
GFL Environmental Holdings (US),
Inc., 5.50%, 02/01/2034(b)
 
485,000
474,298
Republic Services, Inc.,
5.00%, 12/15/2033(c)
 
1,007,000
1,022,370
5.00%, 04/01/2034(c)
 
792,000
799,250
Rollins, Inc., 5.25%,
02/24/2035
 
1,453,000
1,452,030
Veralto Corp.,
5.35%, 09/18/2028
 
26,000
26,448
4.85%, 01/15/2032
 
5,219,000
5,227,730
Waste Connections, Inc., 4.80%,
07/15/2036
 
6,150,000
6,014,753
Waste Management, Inc., 5.35%,
10/15/2054(c)
 
133,000
128,158
Wrangler Holdco Corp. (Canada),
6.63%, 04/01/2032(b)
 
387,000
397,725
 
 
15,542,762
Fertilizers & Agricultural Chemicals–0.26%
FMC Corp.,
3.45%, 10/01/2029
 
134,000
122,566
8.00%, 06/01/2031(b)
 
98,000
102,484
5.65%, 05/18/2033(c)
 
134,000
120,504
6.38%, 05/18/2053
 
79,000
61,567
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Fertilizers & Agricultural Chemicals–(continued)
Mosaic Co. (The),
4.35%, 01/15/2029
 
$448,000
$444,238
4.60%, 11/15/2030(c)
 
2,116,000
2,092,495
Nutrien Ltd. (Canada),
4.85%, 05/29/2031
 
4,143,000
4,151,857
5.35%, 05/29/2036
 
3,451,000
3,463,130
 
 
10,558,841
Financial Exchanges & Data–0.16%
Intercontinental Exchange, Inc.,
3.95%, 12/01/2028
 
19,000
18,816
4.60%, 03/15/2033(c)
 
525,000
520,091
4.95%, 06/15/2052(c)
 
1,034,000
938,975
5.20%, 06/15/2062
 
1,304,000
1,190,617
Moody’s Corp., 3.10%,
11/29/2061
 
288,000
171,645
MSCI, Inc., 5.25%,
09/01/2035(c)
 
1,884,000
1,856,871
Nasdaq, Inc.,
5.35%, 06/28/2028
 
15,000
15,262
5.55%, 02/15/2034
 
609,000
629,128
5.95%, 08/15/2053(c)
 
345,000
352,320
6.10%, 06/28/2063(c)
 
769,000
790,531
 
 
6,484,256
Food Distributors–0.01%
Sysco Corp., 5.10%,
09/23/2030
 
582,000
589,490
Food Retail–0.12%
Alimentation Couche-Tard, Inc.
(Canada), 5.08%,
09/29/2035(b)(c)
 
3,158,000
3,122,225
Kroger Co. (The), 5.65%,
09/15/2064
 
1,720,000
1,618,563
 
 
4,740,788
Forest Products–0.16%
Georgia-Pacific LLC,
4.40%, 06/30/2028(b)
 
17,000
16,999
4.60%, 05/15/2031(b)
 
3,721,000
3,696,823
4.95%, 06/30/2032(b)
 
836,000
842,783
4.90%, 05/15/2033(b)
 
1,982,000
1,973,424
 
 
6,530,029
Gas Utilities–0.57%
Atmos Energy Corp.,
5.90%, 11/15/2033(c)
 
610,000
651,002
5.20%, 08/15/2035(c)
 
4,812,000
4,902,833
6.20%, 11/15/2053
 
705,000
752,770
5.45%, 01/15/2056
 
50,000
48,255
Piedmont Natural Gas Co., Inc.,
5.40%, 06/15/2033
 
881,000
903,822
Snam S.p.A. (Italy),
5.00%, 05/28/2030(b)
 
836,000
841,435
5.75%, 05/28/2035(b)
 
2,859,000
2,946,528
6.50%, 05/28/2055(b)
 
3,076,000
3,203,002
Southern California Gas Co.,
5.90%, 06/01/2056
 
5,760,000
5,836,502
Southern Natural Gas Co. L.L.C.,
5.45%, 08/01/2035(b)(c)
 
797,000
811,380
 
Principal
Amount
Value
Gas Utilities–(continued)
Southwest Gas Corp., 5.45%,
03/23/2028
 
$16,000
$16,249
Venture Global Calcasieu
Pass LLC, 6.00%,
05/01/2036(b)
 
1,784,000
1,804,928
 
 
22,718,706
Gold–0.02%
Coeur Mining, Inc., 6.88%,
04/01/2032(b)
 
578,000
599,187
Health Care Distributors–0.10%
Cardinal Health, Inc.,
4.50%, 09/15/2030
 
49,000
48,619
5.45%, 02/15/2034
 
644,000
658,598
5.15%, 09/15/2035(c)
 
1,094,000
1,090,706
Cencora, Inc.,
3.95%, 02/13/2029
 
48,000
47,321
4.25%, 11/15/2030
 
411,000
404,017
McKesson Corp.,
4.65%, 05/30/2030
 
140,000
140,523
4.95%, 05/30/2032(c)
 
1,756,000
1,777,745
 
 
4,167,529
Health Care Equipment–0.54%
Abbott Laboratories,
3.70%, 03/09/2029
 
63,000
61,956
5.50%, 03/15/2056
 
8,760,000
8,557,235
5.60%, 03/15/2066
 
6,592,000
6,431,358
Augusta SpinCo Corp.,
4.66%, 03/23/2031
 
1,880,000
1,869,698
4.95%, 03/23/2033
 
1,449,000
1,444,985
GE HealthCare Technologies, Inc.,
4.80%, 01/15/2031(c)
 
421,000
422,157
Smith & Nephew PLC (United
Kingdom), 5.40%,
03/20/2034
 
2,892,000
2,934,760
Stryker Corp.,
4.25%, 09/11/2029
 
28,000
27,822
4.85%, 02/10/2030
 
52,000
52,582
 
 
21,802,553
Health Care Facilities–0.18%
Adventist Health System, 5.76%,
12/01/2034
 
606,000
621,589
Ascension Health,
Series 2025,
4.29%, 11/15/2030
 
184,000
181,638
4.92%, 11/15/2035
 
1,626,000
1,614,869
Providence St. Joseph Health
Obligated Group, Series 21-A,
2.70%, 10/01/2051(c)
 
1,384,000
810,888
Select Medical Corp., 6.25%,
12/01/2032(b)
 
26,000
25,353
Universal Health Services, Inc.,
4.63%, 10/15/2029
 
288,000
285,853
5.05%, 10/15/2034
 
2,076,000
2,002,204
UPMC,
5.04%, 05/15/2033
 
1,342,000
1,352,669
5.38%, 05/15/2043
 
478,000
449,382
 
 
7,344,445
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Health Care REITs–0.13%
Alexandria Real Estate Equities, Inc.,
5.25%, 05/15/2036
 
$12,000
$11,743
5.15%, 04/15/2053
 
43,000
37,887
5.63%, 05/15/2054
 
330,000
310,824
Diversified Healthcare Trust,
4.38%, 03/01/2031
 
670,000
611,011
Healthpeak OP LLC, 5.38%,
02/15/2035
 
791,000
798,037
MPT Operating Partnership
L.P./MPT Finance Corp.,
8.50%, 02/15/2032(b)
 
109,000
113,579
National Health Investors, Inc.,
5.35%, 02/01/2033
 
676,000
672,060
Omega Healthcare Investors, Inc.,
5.20%, 07/01/2030
 
1,511,000
1,521,913
Ventas Realty L.P., 5.00%,
02/15/2036(c)
 
1,261,000
1,237,952
 
 
5,315,006
Health Care Services–0.97%
Cigna Group (The),
4.50%, 09/15/2030
 
86,000
85,718
3.40%, 03/15/2051
 
125,000
85,775
CommonSpirit Health,
5.32%, 12/01/2034
 
2,133,000
2,136,702
5.55%, 12/01/2054
 
740,000
698,042
Community Health Systems, Inc.,
5.25%, 05/15/2030(b)
 
377,000
355,595
4.75%, 02/15/2031(b)
 
170,000
156,445
CVS Health Corp.,
5.00%, 01/30/2029
 
33,000
33,388
5.25%, 01/30/2031
 
337,000
344,198
5.45%, 09/15/2035(c)
 
3,409,000
3,451,727
6.75%, 12/10/2054(c)(e)
 
1,912,000
1,994,713
7.00%, 03/10/2055(e)
 
8,714,000
9,085,734
6.20%, 09/15/2055
 
4,413,000
4,483,172
6.00%, 06/01/2063
 
15,000
14,578
6.25%, 09/15/2065
 
4,035,000
4,067,511
DaVita, Inc.,
6.88%, 09/01/2032(b)
 
273,000
282,931
6.75%, 07/15/2033(b)(c)
 
290,000
299,957
HCA, Inc.,
5.00%, 03/01/2028
 
13,000
13,113
4.30%, 11/15/2030
 
485,000
475,469
5.45%, 09/15/2034
 
466,000
470,750
5.75%, 03/01/2035
 
1,776,000
1,828,496
5.25%, 06/15/2049
 
223,000
199,219
5.90%, 06/01/2053
 
1,768,000
1,704,675
6.20%, 03/01/2055
 
1,401,000
1,408,393
Icon Investments Six DAC,
5.81%, 05/08/2027
 
513,000
517,214
5.85%, 05/08/2029
 
916,000
932,810
6.00%, 05/08/2034
 
2,390,000
2,442,973
Piedmont Healthcare, Inc.,
2.86%, 01/01/2052
 
685,000
425,059
Quest Diagnostics, Inc., 6.40%,
11/30/2033
 
750,000
815,601
 
 
38,809,958
 
Principal
Amount
Value
Health Care Supplies–0.49%
180 Medical, Inc. (United
Kingdom), 5.30%,
10/08/2035(b)
 
$2,483,000
$2,420,999
Medline Borrower L.P., 3.88%,
04/01/2029(b)
 
1,367,000
1,331,092
Medline Borrower LP/Medline Co-Issuer,
Inc.,
5.00%, 06/15/2031(b)
 
7,268,000
7,264,344
5.25%, 06/15/2033(b)(c)
 
3,356,000
3,359,181
Solventum Corp.,
5.40%, 03/01/2029
 
19,000
19,381
5.60%, 03/23/2034
 
2,884,000
2,959,084
5.90%, 04/30/2054(c)
 
2,258,000
2,236,058
 
 
19,590,139
Heavy Electrical Equipment–0.31%
GE Vernova, Inc.,
4.25%, 02/04/2031
 
134,000
132,306
4.88%, 02/04/2036
 
4,218,000
4,159,023
5.50%, 02/04/2056
 
8,337,000
8,089,211
 
 
12,380,540
Highways & Railtracks–0.18%
Burlington Northern Santa Fe LLC,
5.20%, 04/15/2054
 
1,790,000
1,666,260
5.55%, 03/15/2056
 
1,276,000
1,246,854
5.80%, 03/15/2056
 
4,114,000
4,164,968
 
 
7,078,082
Home Improvement Retail–0.06%
Home Depot, Inc. (The),
4.65%, 09/15/2035
 
1,388,000
1,353,371
4.95%, 09/15/2052(c)
 
570,000
512,525
Lowe’s Cos., Inc.,
5.63%, 04/15/2053
 
187,000
179,883
4.45%, 04/01/2062
 
33,000
25,617
5.80%, 09/15/2062
 
158,000
153,749
5.85%, 04/01/2063
 
73,000
71,649
 
 
2,296,794
Homebuilding–0.09%
D.R. Horton, Inc., 5.00%,
10/15/2034
 
935,000
926,776
Toll Brothers Finance Corp.,
5.60%, 06/15/2035
 
2,796,000
2,860,671
 
 
3,787,447
Hotel & Resort REITs–0.13%
Phillips Edison Grocery Center
Operating Partnership I L.P.,
5.25%, 08/15/2032
 
2,144,000
2,177,264
4.75%, 03/15/2033
 
1,602,000
1,571,069
5.75%, 07/15/2034
 
484,000
501,475
4.95%, 01/15/2035
 
997,000
976,428
 
 
5,226,236
Hotels, Resorts & Cruise Lines–0.74%
A&K Travel Group Holdings Ltd.
(United Kingdom), 7.50%,
05/15/2033(b)
 
1,061,000
1,076,468
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Hotels, Resorts & Cruise Lines–(continued)
Airbnb, Inc.,
4.40%, 03/16/2029
 
$8,000
$7,987
4.65%, 03/16/2031
 
239,000
239,067
5.25%, 03/16/2036
 
1,097,000
1,098,294
Carnival Corp.,
7.00%, 08/15/2029(b)
 
50,000
51,998
5.75%, 03/15/2030(b)
 
63,000
63,681
5.88%, 06/15/2031(b)
 
190,000
193,093
5.75%, 08/01/2032(b)
 
145,000
146,658
6.13%, 02/15/2033(b)
 
9,000
9,123
Choice Hotels International, Inc.,
5.85%, 08/01/2034
 
11,000
11,153
Expedia Group, Inc.,
5.40%, 02/15/2035(c)
 
2,695,000
2,681,711
5.50%, 04/15/2036
 
6,189,000
6,125,667
Hilton Domestic Operating Co., Inc.,
5.88%, 04/01/2029(b)
 
4,823,000
4,899,199
3.75%, 05/01/2029(b)
 
8,583,000
8,308,740
6.13%, 04/01/2032(b)
 
34,000
34,682
Marriott International, Inc.,
5.30%, 05/15/2034
 
727,000
736,986
Marriott Ownership Resorts, Inc.,
6.50%, 10/01/2033(b)(c)
 
1,373,000
1,348,262
Royal Caribbean Cruises Ltd.,
5.50%, 04/01/2028(b)
 
66,000
66,761
6.25%, 03/15/2032(b)
 
87,000
88,882
6.00%, 02/01/2033(b)
 
1,612,000
1,634,581
VOC Escrow Ltd., 5.00%,
02/15/2028(b)
 
1,047,000
1,046,025
 
 
29,869,018
Household Appliances–0.01%
Whirlpool Corp., 6.50%,
06/15/2033
 
329,000
298,932
Housewares & Specialties–0.01%
Newell Brands, Inc.,
6.38%, 09/15/2027
 
175,000
177,151
6.38%, 05/15/2030(c)
 
19,000
18,764
 
 
195,915
Independent Power Producers & Energy Traders–0.31%
FIEMEX Energia - Banco Actinver
S.A. Institucion de Banca
Multiple (Mexico), 7.25%,
01/31/2041(b)
 
1,370,862
1,396,977
Vistra Corp.,
7.00%(b)(e)(h)
 
1,724,000
1,738,123
8.00%(b)(e)(h)
 
271,000
273,353
Series C, 8.88%(b)(e)(h)
 
284,000
305,678
VoltaGrid LLC, 7.38%,
11/01/2030(b)
 
8,486,000
8,840,629
 
 
12,554,760
Industrial Conglomerates–0.32%
Eaton Corp.,
4.20%, 03/06/2031
 
147,000
144,723
4.50%, 03/06/2033(c)
 
1,038,000
1,020,797
4.80%, 03/06/2036
 
2,250,000
2,214,474
5.45%, 03/06/2056(c)
 
5,189,000
5,110,475
 
Principal
Amount
Value
Industrial Conglomerates–(continued)
Siemens Funding B.V. (Germany),
4.60%, 05/28/2030(b)
 
$119,000
$119,587
4.90%, 05/28/2032(b)
 
989,000
1,004,920
5.20%, 05/28/2035(b)
 
2,321,000
2,371,815
5.90%, 05/28/2065(b)
 
857,000
881,579
 
 
12,868,370
Industrial Machinery & Supplies & Components–0.67%
Enpro, Inc., 6.13%,
06/01/2033(b)
 
1,139,000
1,162,464
ESAB Corp.,
6.25%, 04/15/2029(b)
 
5,486,000
5,591,924
5.63%, 04/01/2031(b)
 
4,616,000
4,650,408
Flowserve Corp., 5.70%,
05/15/2036
 
702,000
707,057
Ingersoll Rand, Inc.,
5.20%, 06/15/2027
 
18,000
18,151
5.40%, 08/14/2028
 
1,000
1,019
Nordson Corp.,
5.60%, 09/15/2028
 
17,000
17,356
5.80%, 09/15/2033
 
686,000
715,202
nVent Finance S.a.r.l. (United
Kingdom), 5.65%,
05/15/2033
 
1,149,000
1,181,992
Roller Bearing Co. of America,
Inc., 4.38%, 10/15/2029(b)
 
5,702,000
5,585,477
Stanley Black & Decker, Inc.,
2.75%, 11/15/2050(c)
 
3,500,000
2,053,533
Weir Group, Inc. (United
Kingdom), 5.35%,
05/06/2030(b)
 
1,371,000
1,389,034
Xylem, Inc.,
5.20%, 06/01/2033
 
2,390,000
2,426,665
5.45%, 06/01/2036
 
1,447,000
1,478,811
 
 
26,979,093
Industrial REITs–0.00%
LXP Industrial Trust, 6.75%,
11/15/2028
 
30,000
31,275
Insurance Brokers–0.38%
Aon Corp./Aon Global Holdings
PLC, 5.35%, 02/28/2033
 
401,000
409,959
Arthur J. Gallagher & Co.,
4.85%, 12/15/2029
 
11,000
11,097
5.00%, 02/15/2032(c)
 
351,000
351,503
5.15%, 02/15/2035
 
777,000
771,845
6.75%, 02/15/2054
 
37,000
40,541
5.55%, 02/15/2055(c)
 
1,560,000
1,476,461
Marsh & McLennan Cos., Inc.,
5.40%, 09/15/2033
 
1,143,000
1,179,436
4.95%, 03/15/2036(c)
 
5,133,000
5,056,797
2.90%, 12/15/2051
 
46,000
28,817
6.25%, 11/01/2052
 
462,000
490,014
5.45%, 03/15/2053
 
495,000
474,068
5.70%, 09/15/2053(c)
 
1,373,000
1,359,485
Willis North America, Inc.,
4.55%, 03/15/2031
 
1,618,000
1,598,595
5.15%, 03/15/2036
 
2,120,000
2,077,857
 
 
15,326,475
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Integrated Oil & Gas–1.51%
Ecopetrol S.A. (Colombia),
8.88%, 01/13/2033
 
$3,679,000
$3,889,921
Eni S.p.A. (Italy),
5.50%, 05/15/2034(b)
 
2,183,000
2,228,017
5.25%, 05/18/2036(b)
 
3,601,000
3,569,431
Occidental Petroleum Corp.,
6.45%, 09/15/2036
 
2,378,000
2,584,211
6.20%, 03/15/2040
 
2,487,000
2,621,216
4.63%, 06/15/2045
 
3,433,000
2,861,311
6.60%, 03/15/2046(c)
 
7,276,000
7,806,384
4.40%, 04/15/2046
 
1,852,000
1,529,874
4.10%, 02/15/2047
 
2,759,000
2,129,863
Par Petroleum, LLC, 7.38%,
06/01/2034(b)
 
608,000
622,615
Petroleos Mexicanos (Mexico),
5.95%, 01/28/2031
 
1,662,000
1,639,737
6.63%, 06/15/2035
 
290,000
279,422
SA Global Sukuk Ltd. (Saudi Arabia),
4.13%, 09/17/2030(b)
 
10,480,000
10,209,917
4.63%, 09/17/2035(b)
 
5,327,000
5,124,270
Saudi Arabian Oil Co. (Saudi Arabia),
4.00%, 02/02/2029(b)
 
4,805,000
4,741,232
4.75%, 06/02/2030(b)
 
5,785,000
5,766,858
5.38%, 06/02/2035(b)(c)
 
2,918,000
2,956,202
Shell Finance US, Inc., 3.75%,
09/12/2046
 
260,000
201,808
 
 
60,762,289
Integrated Telecommunication Services–3.75%
APLD ComputeCo LLC, 9.25%,
12/15/2030(b)(c)
 
282,000
304,567
AT&T, Inc.,
4.70%, 08/15/2030
 
149,000
149,672
5.40%, 02/15/2034
 
1,053,000
1,076,441
5.38%, 08/15/2035
 
3,383,000
3,425,852
5.55%, 11/01/2045
 
263,000
250,404
4.50%, 03/09/2048
 
235,000
190,091
3.50%, 09/15/2053
 
297,000
196,550
5.70%, 11/01/2054
 
70,000
66,073
3.55%, 09/15/2055
 
8,626,000
5,644,020
6.05%, 08/15/2056
 
8,571,000
8,475,765
6.20%, 10/30/2056
 
5,456,000
5,495,437
6.30%, 10/30/2066
 
4,054,000
4,073,968
Bell Canada (Canada),
6.88%, 09/15/2055(e)
 
24,000
24,697
7.00%, 09/15/2055(c)(e)
 
1,873,000
1,935,734
Cipher Compute LLC, 7.13%,
11/15/2030(b)
 
3,307,000
3,451,520
Core Scientific Finance I LLC,
7.75%, 05/15/2031(b)
 
914,000
935,201
FiberCop S.p.A. (Italy),
6.00%, 09/30/2034(b)
 
850,000
818,901
7.20%, 07/18/2036(b)
 
875,000
876,776
Flash Compute LLC, 7.25%,
12/31/2030(b)
 
292,000
301,397
HUT 8 DC LLC, 6.19%,
11/15/2042(b)
 
4,178,000
4,229,444
Iliad Holding S.A.S. (France),
7.00%, 10/15/2028(b)
 
137,000
138,092
8.50%, 04/15/2031(b)
 
1,386,000
1,468,974
7.00%, 04/15/2032(b)
 
95,000
96,753
 
Principal
Amount
Value
Integrated Telecommunication Services–(continued)
Level 3 Financing, Inc.,
7.00%, 03/31/2034(b)
 
$594,667
$616,793
8.50%, 01/15/2036(b)
 
546,000
590,868
NTT Finance Corp. (Japan),
4.88%, 07/16/2030(b)
 
1,104,000
1,108,116
5.50%, 07/16/2035(b)(c)
 
2,244,000
2,275,048
Orange S.A. (France), 5.75%,
01/13/2056(b)
 
200,000
201,125
QTS Fayetteville I Dc1-2 LLC/QTS
TRS Fayetteville I DC1-2 LLC,
5.70%, 04/15/2036(b)
 
31,945,000
31,106,693
QTS Thunder Managing Issuer,
LLC, 5.65%, 12/10/2030
 
21,145,000
21,161,601
SV RNO Property Owner 1 LLC,
5.88%, 03/01/2031(b)
 
2,504,000
2,474,068
Telecom Italia Capital S.A. (Italy),
6.38%, 11/15/2033
 
553,000
577,369
7.72%, 06/04/2038
 
5,000
5,682
Telefonica Emisiones S.A. (Spain),
7.05%, 06/20/2036
 
680,000
753,476
TELUS Corp. (Canada),
6.38%, 06/09/2056(e)
 
2,230,000
2,230,287
6.63%, 06/09/2056(e)
 
4,854,000
4,841,983
Uniti Services LLC, 7.50%,
10/15/2033(b)
 
752,000
791,973
Verizon Communications, Inc.,
4.50%, 08/10/2033
 
5,567,000
5,416,974
5.25%, 04/02/2035(c)
 
3,345,000
3,366,648
5.00%, 01/15/2036(c)
 
2,915,000
2,863,983
3.40%, 03/22/2041
 
299,000
232,445
5.75%, 11/30/2045
 
5,282,000
5,212,324
5.50%, 02/23/2054
 
297,000
284,383
5.88%, 11/30/2055
 
1,515,627
1,492,560
6.20%, 05/14/2056(e)
 
8,373,000
8,503,510
6.05%, 05/14/2058(c)(e)
 
6,272,000
6,356,083
3.00%, 11/20/2060
 
250,000
145,879
3.70%, 03/22/2061
 
688,000
467,214
6.00%, 11/30/2065
 
2,080,000
2,049,618
WULF Compute LLC, 7.75%,
10/15/2030(b)
 
1,706,000
1,793,595
 
 
150,546,627
Interactive Home Entertainment–0.02%
Roblox Corp., 3.88%,
05/01/2030(b)
 
782,000
738,806
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Interactive Media & Services–2.75%
Alphabet, Inc.,
4.10%,
02/15/2031(Acquired
02/09/2026;
Cost $76,748)(j)
 
$77,000
$75,989
4.38%,
11/15/2032(Acquired
11/03/2025;
Cost $296,658)(j)
 
297,000
293,097
4.40%,
02/15/2033(Acquired
02/09/2026;
Cost $5,235,878)(j)
 
5,266,000
5,182,457
4.70%,
11/15/2035(Acquired
11/03/2025;
Cost $1,411,078)(j)
 
1,413,000
1,389,891
4.80%,
02/15/2036(Acquired
02/09/2026;
Cost $3,931,923)(j)
 
3,940,000
3,897,390
5.35%,
11/15/2045(Acquired
11/03/2025;
Cost $2,917,538)(j)
 
2,924,000
2,856,918
5.50%,
02/15/2046(Acquired
02/09/2026;
Cost $234,782)(j)
 
236,000
233,900
5.45%,
11/15/2055(Acquired
11/03/2025;
Cost $1,822,889)(j)
 
1,835,000
1,773,382
5.65%, 02/15/2056
 
10,644,000
10,588,760
5.30%,
05/15/2065(Acquired
04/28/2025;
Cost $1,456,238)(c)(j)
 
1,479,000
1,370,792
5.75%,
02/15/2066(Acquired
02/09/2026;
Cost $212,538)(j)
 
214,000
212,512
Discovery Global Holdings, Inc.,
4.28%, 03/15/2032
 
185,000
163,486
5.05%, 03/15/2042
 
414,000
303,773
5.14%, 03/15/2052
 
190,000
129,913
Flutter Treasury DAC (United
Kingdom), 5.88%,
06/04/2031(b)(c)
 
3,700,000
3,659,966
Match Group Holdings II LLC,
3.63%, 10/01/2031(b)
 
55,000
49,291
6.13%, 09/15/2033(b)(c)
 
1,656,000
1,629,588
Meta Platforms, Inc.,
4.55%, 08/15/2031
 
452,000
451,430
4.88%, 05/15/2033
 
8,537,000
8,514,972
4.75%, 08/15/2034(c)
 
1,815,000
1,788,450
4.88%, 11/15/2035(c)
 
7,719,000
7,544,870
5.25%, 05/15/2036
 
6,167,000
6,164,151
6.20%, 05/15/2046
 
6,286,000
6,359,066
4.45%, 08/15/2052
 
597,000
468,676
5.40%, 08/15/2054
 
4,035,000
3,614,673
5.63%, 11/15/2055
 
7,176,000
6,621,460
6.30%, 05/15/2056
 
6,063,000
6,121,730
4.65%, 08/15/2062
 
1,503,000
1,159,062
 
Principal
Amount
Value
Interactive Media & Services–(continued)
5.75%, 05/15/2063
 
$1,700,000
$1,561,013
5.55%, 08/15/2064
 
4,384,000
3,902,507
5.75%, 11/15/2065
 
10,057,000
9,224,196
6.45%, 05/15/2066
 
13,139,000
13,251,837
 
 
110,559,198
Internet Services & Infrastructure–1.04%
Beignet Investor LLC, 6.58%,
05/30/2049(b)
 
29,604,000
30,534,336
CoreWeave, Inc.,
9.25%, 06/01/2030(b)(c)
 
1,796,000
1,833,649
9.00%, 02/01/2031(b)(c)
 
911,000
924,819
9.75%, 10/01/2031(b)(c)
 
2,432,000
2,509,892
Edged Compute LLC, 7.50%,
04/30/2031(b)(c)
 
5,783,000
5,802,963
 
 
41,605,659
Investment Banking & Brokerage–4.31%
Brookfield Finance, Inc. (Canada),
5.97%, 03/04/2054
 
76,000
75,496
Charles Schwab Corp. (The),
4.34%, 11/14/2031(e)
 
468,000
461,142
4.91%, 11/14/2036(e)
 
120,000
116,801
5.49%, 05/21/2037(e)
 
4,914,000
4,985,462
Series K, 5.00%(c)(e)(h)
 
152,000
152,123
Series L, 6.10%(e)(h)
 
6,083,000
6,093,317
Goldman Sachs Group, Inc. (The),
5.68% (3 mo. Term SOFR +
2.01%), 10/28/2027(f)
 
6,000
6,037
4.92% (SOFR + 1.29%),
04/23/2028(f)
 
43,000
43,302
4.15%, 01/21/2029(e)
 
156,000
154,943
5.73%, 04/25/2030(e)
 
197,000
202,436
5.05%, 07/23/2030(e)
 
107,000
108,010
4.69%, 10/23/2030(e)
 
334,000
333,532
5.21%, 01/28/2031(e)
 
567,000
574,655
5.22%, 04/23/2031(e)
 
1,742,000
1,767,818
4.37%, 10/21/2031(e)
 
4,592,000
4,501,753
4.97%, 06/03/2032(e)
 
4,439,000
4,450,430
5.09%, 04/20/2034(e)
 
4,640,000
4,631,623
5.85%, 04/25/2035(e)
 
1,125,000
1,171,581
5.33%, 07/23/2035(e)
 
1,231,000
1,239,318
5.43%, 06/03/2037(e)
 
7,194,000
7,234,793
6.75%, 10/01/2037
 
871,000
952,864
4.02%, 10/31/2038(e)
 
247,000
217,006
5.39%, 02/02/2041(e)
 
23,805,000
23,224,188
3.21%, 04/22/2042(e)
 
156,000
117,820
4.80%, 07/08/2044
 
772,000
696,045
5.54%, 01/21/2047(e)
 
14,395,000
13,918,744
5.73%, 01/28/2056(e)
 
4,858,000
4,798,062
Series V, 4.13%(c)(e)(h)
 
1,177,000
1,171,025
Series W, 7.50%(e)(h)
 
5,773,000
6,078,490
Series X, 7.50%(c)(e)(h)
 
5,400,000
5,667,640
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Investment Banking & Brokerage–(continued)
Morgan Stanley,
5.12%, 02/01/2029(e)
 
$47,000
$47,424
4.99%, 04/12/2029(e)
 
47,000
47,362
5.16%, 04/20/2029(e)
 
107,000
108,120
5.45%, 07/20/2029(e)
 
14,000
14,248
6.41%, 11/01/2029(e)
 
145,000
150,788
4.24%, 01/09/2030(e)
 
690,000
682,497
5.17%, 01/16/2030(e)
 
89,000
90,102
5.04%, 07/19/2030(e)
 
76,000
76,708
4.65%, 10/18/2030(e)
 
184,000
183,381
5.19%, 04/17/2031(e)
 
967,000
981,461
4.49%, 01/16/2032(e)
 
13,135,000
12,927,515
4.71%, 03/12/2032(e)
 
7,242,000
7,177,261
4.89%, 07/20/2033(e)
 
23,000
22,924
5.25%, 04/21/2034(e)
 
1,763,000
1,781,103
5.42%, 07/21/2034(e)
 
914,000
931,834
5.47%, 01/18/2035(e)
 
566,000
577,242
5.83%, 04/19/2035(e)
 
967,000
1,006,358
5.32%, 07/19/2035(e)
 
1,705,000
1,722,641
5.07%, 01/30/2037(c)(e)
 
12,173,000
11,924,691
5.30%, 04/10/2037(e)
 
5,965,000
5,951,131
5.95%, 01/19/2038(e)
 
488,000
505,086
5.31%, 01/18/2041(c)(e)
 
9,161,000
8,951,612
5.90%, 03/13/2047(e)
 
8,985,000
9,123,888
Series I, 4.36%,
10/22/2031(e)
 
4,761,000
4,673,169
Nomura Holdings, Inc. (Japan),
4.90%, 07/01/2030
 
2,392,000
2,394,069
5.49%, 06/29/2035(c)
 
3,095,000
3,157,194
Raymond James Financial, Inc.,
4.90%, 09/11/2035
 
2,714,000
2,645,053
3.75%, 04/01/2051
 
96,000
69,924
5.65%, 09/11/2055
 
22,000
21,334
 
 
173,092,576
IT Consulting & Other Services–0.32%
International Business Machines Corp.,
4.30%, 02/03/2031
 
581,000
572,640
4.95%, 02/03/2036(c)
 
6,316,000
6,200,219
5.70%, 02/10/2055(c)
 
2,413,000
2,319,582
5.80%, 02/03/2056(c)
 
3,668,000
3,585,517
 
 
12,677,958
Leisure Facilities–0.01%
Six Flags Entertainment Corp./Six
Flags Theme Parks,
Inc./Canada’s Wonderland Co.,
6.63%, 05/01/2032(b)(c)
 
581,000
594,136
Leisure Products–0.04%
Brunswick Corp., 5.85%,
03/18/2029(c)
 
86,000
88,238
Hasbro, Inc., 4.65%,
03/12/2031
 
1,403,000
1,388,488
Viking Cruises Ltd., 5.88%,
10/15/2033(b)
 
77,000
77,200
 
 
1,553,926
Life & Health Insurance–2.40%
200 Park Funding Trust, 5.74%,
02/15/2055(b)(c)
 
2,366,000
2,329,784
 
Principal
Amount
Value
Life & Health Insurance–(continued)
AEGON Funding Co. LLC, 5.63%,
05/07/2036
 
$3,795,000
$3,789,170
American National Global Funding,
5.55%, 01/28/2030(b)(c)
 
244,000
247,816
American National Group, Inc.,
5.00%, 06/15/2027
 
179,000
179,243
6.00%, 07/15/2035(c)
 
3,845,000
3,816,590
Athene Global Funding, 5.58%,
01/09/2029(b)
 
224,000
227,290
Athene Holding Ltd.,
6.25%, 04/01/2054
 
96,000
90,694
6.63%, 05/19/2055
 
29,000
28,665
Belrose Funding Trust II, 6.79%,
05/15/2055(b)(c)
 
4,029,000
4,136,021
Constellation Global Funding,
4.85%, 10/22/2030(b)(c)
 
2,612,000
2,561,594
Corebridge Global Funding,
5.90%, 09/19/2028(b)
 
21,000
21,581
5.20%, 01/12/2029(b)(c)
 
69,000
69,915
5.20%, 06/24/2029(b)
 
271,000
274,594
Dai-ichi Life Insurance Co. Ltd.
(The) (Japan), 6.20%(b)(c)(e)(h)
 
3,322,000
3,407,664
Delaware Life Global Funding,
Series 21-1, 2.66%,
06/29/2026(b)
 
5,168,000
5,158,270
GA Global Funding Trust,
5.50%, 01/08/2029(b)(c)
 
298,000
301,453
4.50%, 09/18/2030(b)(c)
 
4,750,000
4,594,565
Grand River Funding Trust I,
6.31%, 02/15/2036(b)(c)
 
4,607,000
4,614,668
Grand River Funding Trust II,
7.28%, 02/15/2056(b)
 
5,416,000
5,681,797
High Street Funding Trust III,
5.81%, 02/15/2055(b)
 
1,797,000
1,771,100
Lincoln Financial Global Funding,
4.63%, 05/28/2028(b)
 
27,000
27,034
4.63%, 08/18/2030(b)
 
844,000
835,816
4.95%, 05/21/2031(b)
 
2,360,000
2,355,044
MAG Mutual Holding Co., 4.75%,
04/30/2041(b)(i)
 
11,777,000
10,634,631
MassMutual Global Funding II,
4.55%, 05/07/2030(b)
 
472,000
470,469
MetLife, Inc.,
4.60%, 05/13/2046
 
215,000
188,731
5.00%, 07/15/2052
 
429,000
389,105
5.25%, 01/15/2054(c)
 
2,128,000
2,004,272
Series G, 6.35%,
03/15/2055(e)
 
52,000
53,506
New York Life Global Funding,
4.55%, 01/28/2033(b)
 
1,035,000
1,020,054
Nippon Life Insurance Co. (Japan),
5.95%, 04/16/2054(b)(e)
 
3,402,000
3,461,226
6.50%, 04/30/2055(b)(c)(e)
 
2,639,000
2,782,195
Northwestern Mutual Global
Funding, 4.74%,
06/30/2031(b)
 
2,862,000
2,870,356
Northwestern Mutual Life
Insurance Co. (The), 6.05%,
06/30/2056(b)
 
8,352,000
8,536,756
Pricoa Global Funding I, 4.65%,
08/27/2031(b)
 
1,331,000
1,325,523
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Life & Health Insurance–(continued)
Principal Financial Group, Inc.,
5.30%, 01/15/2037
 
$3,562,000
$3,562,089
5.50%, 03/15/2053
 
30,000
28,868
Protective Life Corp.,
4.70%, 01/15/2031(b)
 
1,672,000
1,652,041
5.35%, 12/15/2035(b)
 
3,384,000
3,344,116
Prudential Financial, Inc., 5.20%,
03/14/2035(c)
 
3,528,000
3,550,658
Wynnton Funding Trust, 5.25%,
08/15/2035(b)
 
4,150,000
4,125,620
 
 
96,520,584
Life Sciences Tools & Services–0.11%
Thermo Fisher Scientific, Inc.,
4.22%, 02/12/2031
 
120,000
118,297
4.55%, 06/15/2033
 
1,687,000
1,663,354
4.90%, 02/12/2036(c)
 
2,530,000
2,499,515
 
 
4,281,166
Managed Health Care–0.18%
Centene Corp., 2.50%,
03/01/2031
 
696,000
606,696
Kaiser Foundation Hospitals,
Series 2021, 2.81%,
06/01/2041
 
26,000
19,162
Molina Healthcare, Inc., 6.25%,
01/15/2033(b)
 
178,000
178,085
UnitedHealth Group, Inc.,
4.25%, 01/15/2029
 
5,000
4,986
5.30%, 02/15/2030
 
50,000
51,237
5.35%, 02/15/2033
 
1,665,000
1,714,095
4.50%, 04/15/2033
 
257,000
251,399
4.25%, 06/15/2048
 
192,000
155,600
5.05%, 04/15/2053
 
722,000
646,321
5.63%, 07/15/2054(c)
 
1,552,000
1,508,014
5.20%, 04/15/2063
 
1,116,000
993,488
5.75%, 07/15/2064
 
1,297,000
1,262,527
 
 
7,391,610
Marine Transportation–0.04%
A.P. Moller - Maersk A/S, 5.88%,
09/14/2033(b)
 
926,000
971,700
Danaos Corp. (Greece), 6.88%,
10/15/2032(b)
 
586,000
605,058
NCL Corp. Ltd.,
5.88%, 01/15/2031(b)
 
38,000
36,752
6.75%, 02/01/2032(b)
 
45,000
44,638
6.25%, 09/15/2033(b)
 
36,000
34,543
 
 
1,692,691
Metal, Glass & Plastic Containers–0.17%
Smurfit Kappa Treasury Unlimited Co.
(Ireland),
5.20%, 01/15/2030
 
1,761,000
1,791,631
5.44%, 04/03/2034(c)
 
2,873,000
2,923,048
5.78%, 04/03/2054(c)
 
2,132,000
2,120,631
 
 
6,835,310
Mortgage REITs–0.01%
Blackstone Mortgage Trust, Inc.,
6.25%, 06/01/2031(b)
 
263,000
258,866
 
Principal
Amount
Value
Mortgage REITs–(continued)
Rithm Capital Corp., 8.50%,
06/01/2031(b)
 
$282,000
$281,848
 
 
540,714
Movies & Entertainment–0.03%
Netflix, Inc., 5.40%,
08/15/2054(c)
 
391,000
380,544
Starz Capital Holdings 1, Inc.,
6.00%, 04/15/2030(b)
 
626,000
598,612
Walt Disney Co. (The),
3.50%, 05/13/2040
 
55,000
45,212
3.80%, 05/13/2060
 
121,000
87,973
 
 
1,112,341
Multi-Family Residential REITs–0.13%
AvalonBay Communities, Inc.,
5.00%, 02/15/2033(c)
 
358,000
362,993
5.30%, 12/07/2033(c)
 
1,235,000
1,274,605
ERP Operating L.P., 4.95%,
06/15/2032
 
968,000
976,362
Essex Portfolio L.P., 5.50%,
04/01/2034
 
704,000
717,722
Mid-America Apartments L.P.,
5.30%, 02/15/2032(c)
 
1,443,000
1,485,449
UDR, Inc., 5.13%, 09/01/2034
 
567,000
566,281
 
 
5,383,412
Multi-line Insurance–0.25%
Allianz SE (Germany),
6.50%(b)(e)(h)
 
2,200,000
2,211,948
American International Group, Inc.,
4.85%, 05/07/2030
 
32,000
32,301
4.38%, 06/30/2050
 
217,000
179,094
Guardian Life Global Funding,
4.81%, 06/01/2031(b)
 
4,897,000
4,911,297
Metropolitan Life Global Funding I,
5.15%, 03/28/2033(b)
 
2,628,000
2,660,965
 
 
9,995,605
Multi-Utilities–1.10%
Ameren Illinois Co., 4.95%,
06/01/2033
 
588,000
592,368
Black Hills Corp., 6.15%,
05/15/2034
 
3,255,000
3,440,561
CenterPoint Energy, Inc.,
Conv., 3.00%, 08/01/2028(b)
 
6,144,000
6,411,264
5.95%, 04/01/2056(c)(e)
 
4,186,000
4,187,704
Dominion Energy, Inc.,
5.38%, 11/15/2032
 
1,447,000
1,484,988
6.63%, 05/15/2055(e)
 
21,000
21,523
6.00%, 02/15/2056(e)
 
3,743,000
3,765,512
6.20%, 02/15/2056(e)
 
4,419,000
4,449,699
DTE Electric Co.,
5.20%, 03/01/2034(c)
 
760,000
777,983
5.85%, 05/15/2055
 
952,000
967,726
DTE Energy Co.,
4.95%, 07/01/2027
 
12,000
12,083
5.85%, 06/01/2034
 
1,367,000
1,433,427
ENGIE S.A. (France),
5.25%, 04/10/2029(b)
 
47,000
47,882
5.63%, 04/10/2034(b)
 
1,947,000
2,010,504
5.88%, 04/10/2054(b)(c)
 
1,932,000
1,907,038
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Multi-Utilities–(continued)
NiSource, Inc.,
5.25%, 03/30/2028
 
$11,000
$11,155
4.75%, 05/18/2031(c)
 
1,081,000
1,080,665
5.35%, 04/01/2034
 
1,144,000
1,168,220
5.30%, 05/18/2036
 
1,726,000
1,727,406
5.85%, 04/01/2055
 
1,953,000
1,935,066
Public Service Enterprise Group,
Inc., 6.13%, 10/15/2033
 
18,000
19,139
Sempra,
5.25%, 03/15/2036
 
3,152,000
3,116,492
6.88%, 10/01/2054(e)
 
1,196,000
1,222,195
6.38%, 04/01/2056(e)
 
2,429,000
2,458,821
WEC Energy Group, Inc.,
5.15%, 10/01/2027
 
16,000
16,152
4.75%, 01/15/2028
 
2,000
2,010
 
 
44,267,583
Office REITs–0.30%
Boston Properties L.P., Conv.,
2.00%, 10/01/2030(b)
 
3,702,000
3,496,539
COPT Defense Properties L.P.,
4.50%, 10/15/2030
 
514,000
505,089
Cousins Properties L.P.,
5.38%, 02/15/2032
 
485,000
492,681
4.88%, 03/01/2033
 
3,357,000
3,270,461
5.88%, 10/01/2034
 
1,141,000
1,168,643
Piedmont Operating Partnership L.P.,
6.88%, 07/15/2029
 
278,000
292,299
5.63%, 01/15/2033
 
2,749,000
2,727,940
 
 
11,953,652
Oil & Gas Drilling–0.04%
Borr IHC Ltd. / Borr Finance LLC
(Mexico),
8.75%, 01/15/2032(b)
 
200,000
201,640
9.00%, 01/15/2034(b)
 
200,000
200,890
Summit Midstream Holdings LLC,
8.63%, 10/31/2029(b)
 
559,000
583,277
Transocean International Ltd.,
7.88%, 10/15/2032(b)
 
597,000
637,264
 
 
1,623,071
Oil & Gas Equipment & Services–0.22%
Baker Hughes Holdings LLC/Baker
Hughes Co-Obligor, Inc.,
4.35%, 06/15/2031
 
3,447,000
3,391,812
Bristow Group, Inc., 6.75%,
02/01/2033(b)
 
4,236,000
4,281,948
Solaris Energy Infrastructure,
LLC, 6.38%, 05/15/2031(b)
 
602,000
611,709
Tidewater, Inc., 9.13%,
07/15/2030(b)
 
545,000
587,252
 
 
8,872,721
Oil & Gas Exploration & Production–0.51%
Aethon United BR L.P./Aethon
United Finance Corp., 7.50%,
10/01/2029(b)
 
35,000
36,523
Caturus Energy LLC,
8.50%, 02/15/2030(b)
 
836,000
876,047
7.13%, 05/15/2031(b)
 
327,000
327,001
Comstock Resources, Inc.,
6.75%, 03/01/2029(b)
 
562,000
552,594
 
Principal
Amount
Value
Oil & Gas Exploration & Production–(continued)
ConocoPhillips Co., 5.70%,
09/15/2063
 
$666,000
$650,089
Devon Energy Corp., 5.00%,
06/15/2045
 
3,328,000
2,997,010
Diamondback Energy, Inc.,
5.15%, 01/30/2030
 
48,000
48,992
6.25%, 03/15/2053
 
2,143,000
2,230,742
5.90%, 04/18/2064
 
762,000
754,890
EOG Resources, Inc.,
4.40%, 07/15/2028
 
17,000
17,021
5.35%, 01/15/2036
 
1,600,000
1,626,455
5.95%, 07/15/2055
 
2,291,000
2,350,811
Expand Energy Corp., 5.38%,
03/15/2030
 
6,000
6,055
Hilcorp Energy I L.P./Hilcorp Finance
Co.,
6.00%, 02/01/2031(b)
 
732,000
721,664
8.38%, 11/01/2033(b)
 
704,000
749,314
6.88%, 05/15/2034(b)
 
183,000
183,213
7.25%, 02/15/2035(b)
 
274,000
278,170
Infinity Natural Resources LLC,
7.63%, 04/01/2031(b)
 
592,000
598,358
Neo Next Energy Ltd. (United
Kingdom), 6.63%,
06/11/2031(b)
 
400,000
400,000
Uzbekneftegaz JSC (Uzbekistan),
4.75%, 11/16/2028(b)
 
3,661,000
3,564,327
Var Energi ASA (Norway), 5.88%,
05/22/2030(b)
 
1,140,000
1,178,851
Woodside Finance Ltd. (Australia),
5.70%, 05/19/2032
 
376,000
389,499
 
 
20,537,626
Oil & Gas Refining & Marketing–0.28%
CVR Energy, Inc.,
7.50%, 02/15/2031(b)
 
295,000
298,513
7.88%, 02/15/2034(b)
 
602,000
604,259
Empresa Nacional del Petroleo
(Chile), 5.95%,
07/30/2034(b)
 
1,880,000
1,932,206
Sunoco L.P.,
5.88%, 07/15/2027(b)
 
1,400,000
1,402,663
5.63%, 03/15/2031(b)
 
1,173,000
1,174,976
6.63%, 08/15/2032(b)
 
647,000
661,030
6.25%, 07/01/2033(b)
 
444,000
451,826
5.88%, 03/15/2034(b)
 
2,366,000
2,353,286
7.88%(b)(e)(h)
 
2,443,000
2,553,513
 
 
11,432,272
Oil & Gas Storage & Transportation–3.58%
Antero Midstream Partners L.P./Antero
Midstream Finance Corp.,
6.63%, 02/01/2032(b)
 
65,000
66,352
5.75%, 10/15/2033(b)
 
4,591,000
4,545,798
Cheniere Energy Partners L.P.,
5.95%, 06/30/2033
 
817,000
857,333
Cheniere Energy Partners, L.P.,
5.35%, 11/30/2036(b)
 
4,269,000
4,270,981
6.05%, 11/30/2056(b)
 
3,575,000
3,614,917
Cheniere Energy, Inc., 5.20%,
07/30/2036(b)
 
1,621,000
1,597,682
Columbia Pipelines Holding Co.
LLC, 6.06%, 08/15/2026(b)
 
43,000
43,084
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Oil & Gas Storage & Transportation–(continued)
Columbia Pipelines Operating Co.
LLC, 5.70%, 10/01/2054(b)
 
$2,068,000
$1,970,899
Eastern Energy Gas Holdings LLC,
5.65%, 10/15/2054
 
1,308,000
1,251,246
El Paso Natural Gas Co. LLC,
8.38%, 06/15/2032
 
335,000
392,235
Enbridge, Inc. (Canada),
5.70%, 03/08/2033
 
969,000
1,007,798
5.45%, 03/27/2036
 
6,921,000
7,016,049
7.63%, 01/15/2083(c)(e)
 
1,124,000
1,229,222
Series NC5, 8.25%,
01/15/2084(c)(e)
 
539,000
570,130
Energy Transfer L.P.,
5.55%, 02/15/2028
 
1,000
1,017
6.10%, 12/01/2028
 
15,000
15,542
6.40%, 12/01/2030
 
48,000
51,155
4.55%, 01/15/2031
 
1,503,000
1,489,616
7.38%, 02/01/2031(b)
 
15,000
15,547
5.55%, 05/15/2034
 
1,364,000
1,394,709
4.90%, 03/15/2035
 
2,301,000
2,255,951
5.35%, 01/15/2036(c)
 
3,537,000
3,531,467
5.00%, 05/15/2050
 
1,980,000
1,687,489
5.95%, 05/15/2054
 
2,556,000
2,469,003
8.00%, 05/15/2054(e)
 
814,000
867,733
6.05%, 09/01/2054
 
2,629,000
2,564,768
7.13%, 10/01/2054(e)
 
7,056,000
7,283,175
6.30%, 01/15/2056
 
2,165,000
2,187,960
6.50%, 02/15/2056(e)
 
149,000
150,348
6.75%, 02/15/2056(e)
 
5,172,000
5,272,839
Enterprise Products Operating LLC,
4.60%, 01/15/2031
 
173,000
172,977
4.25%, 02/15/2048
 
378,000
310,828
4.20%, 01/31/2050
 
570,000
460,862
Series D,
6.88%, 03/01/2033
 
448,000
501,863
6.90% (3 mo. Term SOFR +
3.25%), 08/16/2077(f)
 
23,000
23,008
Excelerate Energy L.P., 8.00%,
05/15/2030(b)
 
552,000
584,878
Florida Gas Transmission Co. LLC,
5.75%, 07/15/2035(b)
 
3,076,000
3,179,560
Genesis Energy L.P./Genesis Energy
Finance Corp.,
7.88%, 05/15/2032(c)
 
430,000
447,373
8.00%, 05/15/2033
 
392,000
411,411
6.75%, 03/15/2034
 
329,000
330,431
Global Partners L.P./GLP Finance
Corp., 7.13%, 07/01/2033(b)
 
595,000
605,434
GreenSaif Pipelines Bidco S.a.r.l. (Saudi
Arabia),
5.85%, 02/23/2036(b)
 
4,980,000
5,088,726
6.13%, 02/23/2038(b)
 
1,166,000
1,205,558
6.51%, 02/23/2042(b)
 
2,700,000
2,865,272
6.10%, 08/23/2042(b)
 
3,682,000
3,770,461
Gulfstream Natural Gas System
L.L.C., 5.60%,
07/23/2035(b)
 
2,806,000
2,865,233
Harvest Midstream I, L.P.,
6.75%, 05/15/2034(b)
 
603,000
619,465
 
Principal
Amount
Value
Oil & Gas Storage & Transportation–(continued)
Kinder Morgan, Inc.,
5.15%, 06/01/2030
 
$76,000
$77,638
7.80%, 08/01/2031(c)
 
2,902,000
3,308,849
7.75%, 01/15/2032
 
2,297,000
2,629,393
5.20%, 06/01/2033(c)
 
1,139,000
1,159,320
5.85%, 06/01/2035
 
1,644,000
1,724,648
MPLX L.P.,
4.80%, 02/15/2029
 
4,000
4,025
4.80%, 02/15/2031(c)
 
2,258,000
2,257,307
5.40%, 09/15/2035
 
3,838,000
3,846,004
4.70%, 04/15/2048
 
693,000
576,821
5.50%, 02/15/2049
 
1,161,000
1,071,327
4.95%, 03/14/2052
 
1,641,000
1,395,797
5.65%, 03/01/2053
 
320,000
298,893
6.20%, 09/15/2055
 
43,000
43,261
NGL Energy Operating LLC/NGL
Energy Finance Corp., 8.38%,
02/15/2032(b)
 
65,000
68,339
NGPL PipeCo LLC, 7.77%,
12/15/2037(b)
 
3,292,000
3,841,505
Northern Natural Gas Co.,
3.40%, 10/16/2051(b)
 
315,000
213,002
5.63%, 02/01/2054(b)
 
578,000
555,117
Northriver Midstream Finance L.P.
(Canada), 6.75%,
07/15/2032(b)
 
548,000
557,787
ONEOK Partners L.P., 6.85%,
10/15/2037
 
1,068,000
1,174,713
ONEOK, Inc., 6.63%,
09/01/2053
 
2,278,000
2,388,416
Plains All American Pipeline L.P.,
Series B, 8.02% (3 mo. Term
SOFR + 4.37%)(f)(h)
 
168,000
168,584
Prairie Acquiror L.P., 9.00%,
08/01/2029(b)
 
548,000
571,626
South Bow Canadian
Infrastructure Holdings Ltd.
(Canada), 7.63%,
03/01/2055(e)
 
1,613,000
1,686,417
South Bow USA Infrastructure
Holdings LLC (Canada),
5.03%, 10/01/2029
 
74,000
74,509
5.58%, 10/01/2034
 
1,130,000
1,129,431
6.18%, 10/01/2054
 
1,561,000
1,510,289
Southern Co. Gas Capital Corp.,
5.75%, 09/15/2033
 
877,000
913,712
Series B, 5.10%,
09/15/2035
 
2,746,000
2,728,971
Targa Resources Corp.,
5.20%, 07/01/2027
 
8,000
8,068
5.50%, 02/15/2035
 
14,000
14,236
6.25%, 07/01/2052
 
16,000
16,362
TransCanada Pipelines Ltd. (Canada),
6.13%, 10/17/2056(c)(e)
 
1,569,000
1,581,739
6.38%, 10/17/2056(e)
 
920,000
929,495
Venture Global LNG, Inc.,
9.50%, 02/01/2029(b)
 
553,000
602,300
9.88%, 02/01/2032(b)(c)
 
1,101,000
1,177,768
9.00%(b)(c)(e)(h)
 
690,000
681,780
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Oil & Gas Storage & Transportation–(continued)
Venture Global Plaquemines LNG LLC,
6.13%, 12/15/2030(b)
 
$325,000
$333,981
7.50%, 05/01/2033(b)
 
24,000
26,499
6.50%, 01/15/2034(b)
 
60,000
62,767
7.75%, 05/01/2035(b)
 
43,000
48,295
6.75%, 01/15/2036(b)
 
774,000
821,354
Western Midstream Operating L.P.,
4.80%, 03/01/2031
 
2,342,000
2,326,496
6.15%, 04/01/2033
 
851,000
895,138
5.45%, 11/15/2034
 
1,821,000
1,824,909
5.50%, 12/15/2035
 
3,222,000
3,210,470
5.30%, 03/01/2048
 
4,406,000
3,854,725
Williams Cos., Inc. (The),
5.30%, 08/15/2028
 
15,000
15,275
4.80%, 11/15/2029
 
24,000
24,200
4.65%, 08/15/2032
 
437,000
432,342
5.65%, 03/15/2033
 
1,103,000
1,140,656
5.80%, 11/15/2054
 
1,792,000
1,757,578
6.00%, 03/15/2055
 
2,913,000
2,928,458
 
 
143,805,977
Other Specialized REITs–0.28%
Iron Mountain, Inc.,
4.88%, 09/15/2027(b)
 
9,700,000
9,669,640
7.00%, 02/15/2029(b)
 
500,000
510,750
4.50%, 02/15/2031(b)
 
583,000
557,100
6.25%, 01/15/2033(b)(c)
 
579,000
588,455
 
 
11,325,945
Other Specialty Retail–0.08%
Bath & Body Works, Inc.,
6.88%, 11/01/2035(c)
 
420,000
420,610
7.60%, 07/15/2037
 
186,000
183,544
Michaels Companies, Inc. (The),
8.50%, 03/15/2033(b)
 
614,000
599,991
PetSmart LLC/PetSmart Finance
Corp., 7.50%, 09/15/2032(b)
 
600,000
605,120
SGUS LLC, 11.00%,
12/15/2029(b)(d)
 
145,690
22,582
Tractor Supply Co., 5.25%,
05/15/2033
 
438,000
440,889
VSP Optical Group, Inc., 5.45%,
12/01/2035(b)
 
1,006,000
997,416
 
 
3,270,152
Packaged Foods & Meats–0.88%
Campbell’s Co. (The),
5.20%, 03/21/2029
 
90,000
90,875
4.75%, 03/23/2035(c)
 
1,199,000
1,109,676
3.13%, 04/24/2050(c)
 
3,272,000
2,011,360
5.25%, 10/13/2054(c)
 
1,092,000
913,129
General Mills, Inc.,
5.50%, 10/17/2028
 
18,000
18,412
3.00%, 02/01/2051(c)
 
3,210,000
2,014,482
Hormel Foods Corp., 3.05%,
06/03/2051
 
3,210,000
2,093,996
JBS N.V./JBS USA Foods Group
Holdings, Inc./JBS USA Food Co.
Holdings,
6.25%, 03/01/2056
 
7,496,000
7,340,127
6.38%, 04/15/2066
 
2,600,000
2,544,282
 
Principal
Amount
Value
Packaged Foods & Meats–(continued)
Mars, Inc.,
4.80%, 03/01/2030(b)
 
$39,000
$39,288
5.00%, 03/01/2032(b)
 
856,000
865,181
5.20%, 03/01/2035(b)
 
2,942,000
2,962,815
5.65%, 05/01/2045(b)
 
1,053,000
1,044,728
5.70%, 05/01/2055(b)
 
3,343,000
3,300,045
5.80%, 05/01/2065(b)
 
1,635,000
1,624,265
McCormick & Co., Inc.,
4.15%, 02/15/2029
 
44,000
43,606
4.70%, 10/15/2034(c)
 
1,390,000
1,340,899
Minerva Luxembourg S.A. (Brazil),
7.50%, 04/22/2036(b)
 
6,200,000
5,962,850
Post Holdings, Inc., 6.25%,
10/15/2034(b)
 
28,000
27,782
 
 
35,347,798
Paper & Plastic Packaging Products & Materials–0.02%
Clydesdale Acquisition Holdings, Inc.,
8.75%, 04/15/2030(b)
 
48,000
46,160
6.75%, 04/15/2032(b)
 
586,000
563,836
 
 
609,996
Paper Products–0.00%
Magnera Corp., 7.25%,
11/15/2031(b)
 
78,000
75,405
Passenger Airlines–0.90%
American Airlines Pass-Through Trust,
Series 2016-3, Class A,
3.00%, 10/15/2028
 
20,860
20,177
Series 2021-1, Class B,
3.95%, 07/11/2030
 
176,730
169,795
Series 2021-1, Class A,
2.88%, 07/11/2034
 
906,548
811,096
Series B,
5.65%, 11/11/2034
 
1,346,000
1,334,281
5.75%, 05/10/2035
 
2,933,000
2,925,499
Series A,
4.90%, 05/11/2038
 
3,077,000
2,990,508
5.25%, 11/10/2038
 
9,701,000
9,684,676
American Airlines,
Inc./AAdvantage Loyalty IP
Ltd., 5.75%, 04/20/2029(b)
 
1,091,000
1,090,509
AS Mileage Plan IP Ltd.,
5.02%, 10/20/2029(b)
 
231,000
229,014
5.31%, 10/20/2031(b)
 
915,000
899,198
British Airways Pass-Through
Trust (United Kingdom),
Series 2021-1, Class A,
2.90%, 03/15/2035(b)
 
501,340
459,627
Delta Air Lines, Inc.,
4.95%, 07/10/2028
 
549,000
551,791
5.25%, 07/10/2030(c)
 
998,000
1,009,618
Delta Air Lines, Inc./SkyMiles IP
Ltd., 4.75%, 10/20/2028(b)
 
430,721
431,161
United Airlines Holdings, Inc.,
4.88%, 03/01/2029
 
7,148,000
7,071,280
5.38%, 03/01/2031(c)
 
1,885,000
1,866,653
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Passenger Airlines–(continued)
United Airlines Pass-Through Trust,
Series 2020-1, Class A,
5.88%, 10/15/2027
 
$14,935
$15,164
Series 2018-1, Class AA,
3.50%, 03/01/2030
 
54,019
52,414
Series 2019-1, Class A,
4.55%, 08/25/2031
 
654,278
633,299
Series 2019-1, Class AA,
4.15%, 08/25/2031
 
774,561
754,970
Series 24-A, 5.88%,
02/15/2037
 
1,579,712
1,588,676
Series AA, 5.45%,
02/15/2037
 
1,493,255
1,533,670
 
 
36,123,076
Passenger Ground Transportation–0.03%
Hertz Corp. (The), 12.63%,
07/15/2029(b)
 
115,000
104,835
Uber Technologies, Inc.,
4.80%, 09/15/2035(c)
 
912,000
888,653
5.35%, 09/15/2054(c)
 
74,000
68,938
 
 
1,062,426
Personal Care Products–0.01%
Opal Bidco SAS (France), 6.50%,
03/31/2032(b)
 
555,000
565,852
Pharmaceuticals–2.06%
1261229 BC Ltd., 10.00%,
04/15/2032(b)
 
600,000
614,857
AstraZeneca Finance LLC (United
Kingdom),
4.90%, 02/26/2031
 
19,000
19,312
5.00%, 02/26/2034
 
21,000
21,267
Bristol-Myers Squibb Co.,
5.90%, 11/15/2033
 
10,000
10,686
5.55%, 02/22/2054
 
182,000
177,418
Eli Lilly and Co.,
3.99% (SOFR + 0.35%),
05/20/2028(f)
 
2,984,000
2,986,139
5.00%, 02/09/2054
 
952,000
878,824
5.05%, 08/14/2054
 
2,524,000
2,335,486
5.55%, 10/15/2055
 
1,408,000
1,408,305
5.10%, 02/09/2064
 
1,609,000
1,466,538
5.20%, 08/14/2064
 
635,000
587,979
5.65%, 10/15/2065
 
1,383,000
1,378,431
EMD Finance LLC (Germany),
4.13%, 08/15/2028(b)
 
34,000
33,738
4.38%, 10/15/2030(b)
 
990,000
977,978
4.63%, 10/15/2032(b)
 
1,515,000
1,495,258
Endo Finance Holdings L.P.,
8.50%, 04/15/2031(b)
 
511,000
544,954
Merck & Co., Inc.,
4.15%, 03/15/2031
 
81,000
79,713
4.65%, 05/22/2031
 
2,928,000
2,942,903
4.45%, 12/04/2032
 
1,092,000
1,077,412
4.95%, 05/22/2033
 
2,679,000
2,704,207
4.75%, 12/04/2035
 
12,000
11,785
5.20%, 05/22/2036
 
4,466,000
4,523,871
5.75%, 05/22/2046
 
8,907,000
9,077,802
5.00%, 05/17/2053(c)
 
752,000
684,297
5.85%, 05/22/2056
 
8,072,000
8,288,858
 
Principal
Amount
Value
Pharmaceuticals–(continued)
5.15%, 05/17/2063
 
$426,000
$387,608
5.70%, 12/04/2065
 
4,041,000
3,993,355
Novartis Capital Corp.,
4.60%, 03/18/2033
 
2,110,000
2,096,137
4.20%, 09/18/2034
 
25,000
24,114
4.90%, 03/18/2036
 
2,776,000
2,766,191
5.60%, 03/18/2046
 
1,818,000
1,841,407
4.70%, 09/18/2054
 
2,571,000
2,269,834
Organon & Co./Organon Foreign
Debt Co-Issuer B.V., 7.88%,
05/15/2034(b)
 
200,000
214,918
Pfizer Investment Enterprises Pte.
Ltd., 5.34%, 05/19/2063
 
158,000
145,823
Pfizer, Inc.,
4.20%, 11/15/2030
 
49,000
48,561
4.50%, 11/15/2032(c)
 
3,228,000
3,190,409
5.60%, 11/15/2055(c)
 
5,359,000
5,319,545
5.70%, 11/15/2065(c)
 
4,772,000
4,686,032
Takeda U.S. Financing, Inc.,
5.20%, 07/07/2035(c)
 
4,755,000
4,768,022
5.90%, 07/07/2055(c)
 
4,193,000
4,214,467
Teva Pharmaceutical Finance
Netherlands III B.V. (Israel),
6.00%, 12/01/2032(c)
 
1,917,000
1,992,409
4.10%, 10/01/2046
 
776,000
592,246
 
 
82,879,096
Property & Casualty Insurance–0.49%
Arch Capital Finance LLC, 5.03%,
12/15/2046
 
211,000
194,488
Asurion LLC and Asurion Co-Issuer, Inc.,
8.00%, 12/31/2032(b)
 
874,000
912,000
8.38%, 02/01/2034(b)
 
1,629,000
1,593,312
Chubb INA Holdings LLC, 5.30%,
05/20/2036
 
2,519,000
2,555,614
CNA Financial Corp., 5.20%,
08/15/2035
 
4,181,000
4,123,560
Fairfax Financial Holdings Ltd.
(Canada), 6.10%,
03/15/2055
 
3,135,000
3,152,842
Hanover Insurance Group, Inc.
(The), 5.50%, 09/01/2035(c)
 
1,153,000
1,162,517
Sompo Holdings, Inc. (Japan),
5.41%, 04/22/2037(b)(e)
 
3,993,000
3,938,717
Travelers Cos., Inc. (The),
5.05%, 07/24/2035
 
562,000
562,692
5.45%, 05/25/2053
 
671,000
655,100
5.70%, 07/24/2055(c)
 
1,015,000
1,026,596
 
 
19,877,438
Rail Transportation–0.33%
Canadian Pacific Railway Co. (Canada),
5.20%, 03/30/2035(c)
 
4,220,000
4,280,760
5.50%, 03/15/2056
 
6,954,000
6,715,153
CSX Corp.,
6.15%, 05/01/2037
 
68,000
73,685
4.75%, 11/15/2048
 
162,000
143,715
Norfolk Southern Corp.,
5.05%, 08/01/2030
 
19,000
19,344
5.55%, 03/15/2034
 
17,000
17,703
5.35%, 08/01/2054
 
36,000
33,886
5.95%, 03/15/2064
 
151,000
153,666
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Rail Transportation–(continued)
TTX Co., 5.05%, 11/15/2034(b)
 
$1,719,000
$1,724,323
Union Pacific Corp., 5.15%,
01/20/2063
 
39,000
35,739
 
 
13,197,974
Real Estate Development–0.12%
Cushman & Wakefield
U.S. Borrower LLC, 8.88%,
09/01/2031(b)
 
524,000
553,088
Essential Properties L.P., 5.40%,
12/01/2035
 
1,246,000
1,234,359
Greystar Real Estate Partners LLC,
7.75%, 09/01/2030(b)
 
497,000
516,900
Prologis Targeted U.S. Logistics Fund
L.P.,
4.25%, 01/15/2031(b)
 
304,000
297,673
4.75%, 01/15/2036(b)
 
2,272,000
2,186,792
 
 
4,788,812
Regional Banks–0.95%
Citizens Financial Group, Inc.,
5.30%, 01/29/2036(e)
 
875,000
866,986
5.64%, 05/21/2037(e)
 
1,156,000
1,162,962
CoBank, ACB, Series N,
6.75%(c)(e)(h)
 
2,596,000
2,616,651
Huntington Bancshares, Inc.,
4.62%, 01/28/2032(e)
 
7,809,000
7,703,162
5.61%, 01/28/2041(e)
 
8,680,000
8,505,489
M&T Bank Corp., 5.30%,
04/18/2036(e)
 
8,587,000
8,517,470
Pinnacle Financial Partners, Inc.,
6.17%, 11/01/2030(e)
 
191,000
196,086
5.60%, 05/19/2032(e)
 
2,516,000
2,529,221
Regions Financial Corp., 5.72%,
06/06/2030(e)
 
234,000
240,194
Truist Financial Corp.,
4.60%, 01/27/2032(e)
 
3,344,000
3,306,423
5.87%, 06/08/2034(e)
 
21,000
21,901
Zions Bancorp. N.A., 6.82%,
11/19/2035(e)
 
1,257,000
1,307,930
Zions Bancorporation N.A.,
4.70%, 08/18/2028(e)
 
652,000
652,295
4.48%, 02/09/2029(e)
 
494,000
490,777
 
 
38,117,547
Reinsurance–0.34%
Argentum Netherlands B.V. for
Swiss Re Ltd. (Switzerland),
5.63%, 08/15/2052(b)(e)
 
4,694,000
4,725,973
Fortitude Global Funding, 4.63%,
10/06/2028(b)
 
716,000
709,550
Fortitude Group Holdings LLC,
6.25%, 04/01/2030(b)
 
226,000
231,659
Global Atlantic (Fin) Co., 4.40%,
10/15/2029(b)
 
488,000
474,537
Reinsurance Group of America,
Inc., 6.38%, 09/15/2056(e)
 
1,266,000
1,249,595
RGA Global Funding, 5.00%,
08/25/2032(b)(c)
 
6,371,000
6,339,567
 
 
13,730,881
 
Principal
Amount
Value
Renewable Electricity–0.36%
Idaho Power Co., 5.20%,
08/15/2034
 
$391,000
$395,569
Puget Energy, Inc.,
7.00%, 09/15/2056(b)(e)
 
5,813,000
5,873,229
7.25%, 09/15/2056(b)(e)
 
5,647,000
5,714,470
Southern Power Co.,
Series A, 4.25%,
10/01/2030
 
502,000
495,365
Series B, 4.90%, 10/01/2035
 
1,980,000
1,931,803
 
 
14,410,436
Research & Consulting Services–0.05%
Clarivate Science Holdings Corp.,
4.88%, 07/01/2029(b)(c)
 
341,000
312,530
Verisk Analytics, Inc., 4.45%,
03/15/2031
 
1,549,000
1,524,037
 
 
1,836,567
Restaurants–0.18%
Arcos Dorados B.V. (Brazil),
6.38%, 01/29/2032(b)
 
2,202,000
2,283,474
McDonald’s Corp.,
4.40%, 02/12/2031
 
516,000
513,989
4.95%, 03/03/2035
 
36,000
35,894
5.00%, 02/13/2036
 
77,000
76,905
5.15%, 09/09/2052
 
279,000
255,713
5.45%, 08/14/2053(c)
 
2,950,000
2,820,117
New Red Finance, Inc. (Canada),
5.63%, 09/15/2029(b)
 
534,000
538,653
4.00%, 10/15/2030(b)
 
922,000
874,505
 
 
7,399,250
Retail REITs–0.54%
Agree L.P., 5.63%, 06/15/2034
 
746,000
769,274
Brixmor Operating Partnership L.P.,
4.85%, 02/15/2033
 
1,025,000
1,009,355
5.75%, 02/15/2035
 
537,000
556,782
Kimco Realty OP LLC,
2.70%, 10/01/2030
 
10,000
9,325
4.85%, 03/01/2035
 
1,103,000
1,085,550
5.30%, 02/01/2036
 
3,916,000
3,979,316
Kite Realty Group L.P.,
4.95%, 12/15/2031
 
668,000
667,256
5.50%, 03/01/2034
 
367,000
373,147
Kite Realty Group Trust, 4.75%,
09/15/2030(c)
 
58,000
58,108
NNN REIT, Inc.,
5.60%, 10/15/2033
 
530,000
546,147
5.50%, 06/15/2034
 
709,000
724,366
Realty Income Corp.,
4.85%, 03/15/2030
 
5,000
5,055
5.63%, 10/13/2032
 
654,000
681,792
4.50%, 02/01/2033
 
3,244,000
3,167,837
5.13%, 04/15/2035
 
563,000
563,864
5.38%, 09/01/2054(c)
 
504,000
486,832
Regency Centers L.P.,
5.00%, 07/15/2032
 
1,024,000
1,034,523
4.50%, 03/15/2033
 
1,841,000
1,796,780
5.25%, 01/15/2034
 
734,000
744,196
5.10%, 01/15/2035
 
562,000
563,296
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Retail REITs–(continued)
Simon Property Group L.P.,
4.75%, 09/26/2034
 
$3,027,000
$2,963,183
 
 
21,785,984
Security & Alarm Services–0.20%
Brink’s Co. (The),
4.63%, 10/15/2027(b)
 
6,700,000
6,671,176
6.50%, 06/15/2029(b)
 
540,000
553,748
6.75%, 06/15/2032(b)
 
588,000
602,929
 
 
7,827,853
Self-Storage REITs–0.61%
Americold Realty Operating Partnership
L.P.,
5.60%, 05/15/2032
 
1,379,000
1,388,009
5.41%, 09/12/2034
 
1,430,000
1,393,847
Extra Space Storage L.P.,
5.70%, 04/01/2028
 
6,000
6,123
2.55%, 06/01/2031
 
166,000
149,342
4.95%, 01/15/2033
 
1,413,000
1,401,879
5.40%, 02/01/2034
 
1,309,000
1,324,693
Goodman US Finance Six LLC
(Australia), 5.13%,
10/07/2034(b)
 
428,000
423,611
Prologis L.P.,
4.63%, 01/15/2033
 
1,198,000
1,188,790
4.75%, 06/15/2033
 
1,506,000
1,494,302
5.13%, 01/15/2034
 
758,000
766,584
5.00%, 03/15/2034
 
2,790,000
2,789,912
5.00%, 01/31/2035
 
1,793,000
1,788,101
5.25%, 05/15/2035(c)
 
1,966,000
1,993,586
5.25%, 06/15/2053(c)
 
2,414,000
2,286,613
5.25%, 03/15/2054
 
3,020,000
2,855,461
Public Storage Operating Co.,
5.00%, 12/15/2035(c)
 
1,697,000
1,681,296
5.35%, 08/01/2053(c)
 
1,425,000
1,366,497
 
 
24,298,646
Semiconductors–1.88%
Broadcom, Inc.,
5.05%, 07/12/2029
 
21,000
21,369
5.15%, 11/15/2031
 
947,000
967,632
5.20%, 07/15/2035
 
2,364,000
2,378,991
4.80%, 02/15/2036
 
3,569,000
3,476,417
4.90%, 02/15/2038
 
3,042,000
2,936,412
Foundry JV Holdco LLC,
5.90%, 01/25/2030(b)
 
1,129,000
1,169,181
5.50%, 01/25/2031(b)
 
2,409,000
2,469,700
6.15%, 01/25/2032(b)
 
5,297,000
5,574,739
5.90%, 01/25/2033(b)
 
2,854,000
2,970,164
5.88%, 01/25/2034(b)
 
4,972,000
5,044,493
6.25%, 01/25/2035(b)
 
4,127,000
4,368,426
6.10%, 01/25/2036(b)
 
3,270,000
3,439,966
6.20%, 01/25/2037(b)
 
3,684,000
3,890,947
6.40%, 01/25/2038(b)
 
3,300,000
3,524,304
6.30%, 01/25/2039(b)
 
2,470,000
2,612,201
Intel Corp.,
5.30%, 05/15/2036
 
2,845,000
2,842,487
6.13%, 05/15/2056
 
4,347,000
4,381,924
Kioxia Holdings Corp. (Japan),
6.25%, 07/24/2030(b)
 
10,727,000
11,054,069
 
Principal
Amount
Value
Semiconductors–(continued)
ON Semiconductor Corp., Conv.,
0.00%, 05/01/2031(b)(k)
 
$1,161,000
$1,261,775
SK hynix, Inc. (South Korea),
4.38%, 09/11/2030(b)
 
11,343,000
11,260,467
 
 
75,645,664
Single-Family Residential REITs–0.10%
American Homes 4 Rent L.P.,
5.50%, 07/15/2034
 
2,873,000
2,907,721
Invitation Homes Operating
Partnership L.P., 4.88%,
02/01/2035
 
1,017,000
988,146
 
 
3,895,867
Soft Drinks & Non-alcoholic Beverages–0.21%
Coca-Cola Co. (The),
5.30%, 05/13/2054
 
4,766,000
4,612,150
5.40%, 05/13/2064
 
4,094,000
3,948,421
Keurig Dr Pepper, Inc., 4.35%,
05/15/2028
 
55,000
54,886
 
 
8,615,457
Sovereign Debt–2.01%
Bahamas Government
International Bond (Bahamas),
8.25%, 06/24/2036(b)
 
948,000
1,062,803
Benin Sukuk S.A. (Benin), 6.20%,
01/29/2033(b)
 
2,220,000
2,155,554
Colombia Government International
Bond (Colombia),
5.38%, 01/21/2029
 
12,109,000
12,060,564
6.13%, 01/21/2031
 
2,533,000
2,529,200
6.50%, 01/21/2033
 
2,355,000
2,329,095
Dominican Republic International Bond
(Dominican Republic),
5.75%, 03/17/2034(b)
 
3,705,000
3,642,015
6.15%, 05/17/2038(b)
 
2,852,000
2,816,350
Egypt Government International
Bond (Egypt), 7.63%,
05/20/2034(b)(c)
 
7,975,000
8,026,783
Egyptian Financial Co. for
Sovereign Taskeek (The)
(Egypt), 6.38%,
04/07/2029(b)
 
1,583,000
1,605,954
Guatemala Government Bond
(Guatemala),
6.05%, 08/06/2031(b)
 
1,870,000
1,938,330
6.88%, 08/15/2055(b)(c)
 
1,527,000
1,654,306
Israel Government International
Bond (Israel), 5.00%,
01/13/2036
 
200,000
195,672
Korea National Oil Corp. (South Korea),
4.50%, 03/30/2029(b)
 
7,133,000
7,153,011
4.63%, 03/30/2031(b)
 
5,215,000
5,233,743
Mexico Government International Bond
(Mexico),
4.75%, 03/22/2031
 
8,038,000
7,853,126
5.38%, 03/22/2033
 
1,425,000
1,397,213
6.75%, 02/09/2056
 
200,000
196,560
Romanian Government International
Bond (Romania),
6.63%, 02/17/2028(b)
 
2,522,000
2,594,015
5.88%, 01/30/2029(b)
 
1,992,000
2,028,983
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Sovereign Debt–(continued)
Trinidad & Tobago Government
International Bond (Trinidad),
6.40%, 06/26/2034(b)
 
$2,138,000
$2,202,140
Turkiye Government International
Bond (Turkey), 6.38%,
05/22/2031
 
12,178,000
12,086,007
 
 
80,761,424
Specialized Consumer Services–0.25%
Ashtead Capital, Inc. (United
Kingdom), 5.55%,
05/30/2033(b)(c)
 
1,852,000
1,884,802
Carriage Services, Inc., 4.25%,
05/15/2029(b)
 
634,000
607,084
Rentokil Terminix Funding LLC,
5.00%, 04/28/2030(b)
 
1,660,000
1,669,050
5.63%, 04/28/2035(b)
 
5,889,000
5,977,161
 
 
10,138,097
Specialized Finance–0.04%
HA Sustainable Infrastructure Capital,
Inc.,
8.00%, 06/01/2056(e)
 
581,000
620,528
7.13%, 11/15/2056(e)
 
281,000
284,095
TrueNoord Capital DAC (Ireland),
8.75%, 03/01/2030(b)(c)
 
867,000
888,985
 
 
1,793,608
Specialty Chemicals–0.31%
Celanese US Holdings LLC,
7.70%, 11/15/2033(c)
 
383,000
411,642
OCP S.A. (Morocco),
6.10%, 04/30/2030(b)
 
2,667,000
2,733,136
6.70%, 03/01/2036(b)
 
1,374,000
1,429,463
6.74%(b)(e)(h)
 
4,163,000
4,127,091
Sherwin-Williams Co. (The),
4.30%, 08/15/2028
 
58,000
57,759
4.50%, 08/15/2030
 
218,000
217,144
5.15%, 08/15/2035(c)
 
3,454,000
3,470,993
 
 
12,447,228
Steel–0.34%
ArcelorMittal S.A. (Luxembourg),
6.55%, 11/29/2027
 
30,000
30,852
Cleveland-Cliffs, Inc.,
6.88%, 11/01/2029(b)
 
4,842,000
4,954,838
7.00%, 03/15/2032(b)(c)
 
616,000
623,521
7.63%, 01/15/2034(b)(c)
 
3,544,000
3,649,785
Nucor Corp., 2.98%,
12/15/2055
 
3,210,000
2,006,722
POSCO Holdings, Inc. (South
Korea), 5.13%,
05/07/2030(b)
 
2,459,000
2,494,793
 
 
13,760,511
Systems Software–2.19%
CrowdStrike Holdings, Inc.,
3.00%, 02/15/2029
 
8,000,000
7,634,308
Oak-Eagle AcquireCo, Inc.,
7.25%, 07/01/2033(b)
 
1,996,000
2,082,709
8.75%, 07/01/2034(b)
 
593,000
627,035
 
Principal
Amount
Value
Systems Software–(continued)
Oracle Corp.,
4.55%, 02/04/2029
 
$911,000
$902,015
4.74% (SOFR + 1.11%),
02/04/2029(f)
 
669,000
668,170
4.45%, 09/26/2030(c)
 
2,108,000
2,044,273
4.95%, 02/04/2031(c)
 
4,866,000
4,786,054
6.25%, 11/09/2032(c)
 
2,363,000
2,457,821
4.90%, 02/06/2033
 
1,075,000
1,033,777
5.35%, 05/04/2033
 
4,499,000
4,429,769
4.70%, 09/27/2034
 
2,393,000
2,223,541
5.20%, 09/26/2035(c)
 
1,762,000
1,678,796
5.70%, 02/04/2036
 
5,066,000
4,979,208
5.88%, 09/26/2045
 
3,095,000
2,769,790
6.55%, 02/04/2046
 
7,618,000
7,349,780
4.00%, 11/15/2047
 
151,000
103,708
6.90%, 11/09/2052
 
1,586,000
1,561,435
5.55%, 02/06/2053
 
151,000
125,003
5.38%, 09/27/2054
 
3,778,000
3,031,010
6.00%, 08/03/2055
 
1,971,000
1,729,431
5.95%, 09/26/2055
 
2,158,000
1,888,651
6.70%, 02/04/2056
 
17,196,000
16,573,709
5.50%, 09/27/2064
 
2,534,000
2,006,535
6.13%, 08/03/2065
 
3,198,000
2,772,432
6.10%, 09/26/2065
 
128,000
110,573
6.85%, 02/04/2066
 
1,800,000
1,725,558
ServiceNow, Inc.,
4.70%, 08/15/2031(c)
 
1,531,000
1,532,430
5.05%, 05/15/2033
 
1,628,000
1,636,250
5.40%, 05/15/2036
 
3,616,000
3,644,559
6.30%, 05/15/2056(c)
 
3,606,000
3,726,104
 
 
87,834,434
Technology Hardware, Storage & Peripherals–0.16%
Apple, Inc.,
3.95%, 08/08/2052
 
134,000
104,977
4.10%, 08/08/2062
 
1,666,000
1,290,385
Hewlett Packard Enterprise Co.,
5.00%, 10/15/2034
 
1,850,000
1,815,375
5.60%, 10/15/2054
 
3,496,000
3,226,631
 
 
6,437,368
Telecom Tower REITs–0.17%
American Tower Corp., 3.10%,
06/15/2050
 
99,000
65,054
SBA Communications Corp.,
3.88%, 02/15/2027
 
6,700,000
6,651,482
 
 
6,716,536
Tobacco–0.63%
Altria Group, Inc., 3.70%,
02/04/2051
 
476,000
331,262
B.A.T. Capital Corp. (United Kingdom),
5.83%, 02/20/2031
 
251,000
262,138
4.63%, 03/22/2033
 
1,783,000
1,751,720
7.08%, 08/02/2043
 
142,000
158,405
7.08%, 08/02/2053(c)
 
3,778,000
4,264,426
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
Tobacco–(continued)
Philip Morris International, Inc.,
5.13%, 11/17/2027
 
$12,000
$12,143
4.88%, 02/13/2029
 
21,000
21,230
4.63%, 11/01/2029
 
15,000
15,081
4.38%, 04/30/2030
 
134,000
133,131
4.00%, 10/29/2030
 
156,000
152,759
5.13%, 02/13/2031
 
40,000
40,891
4.75%, 11/01/2031
 
579,000
581,777
5.75%, 11/17/2032
 
1,604,000
1,684,906
5.63%, 09/07/2033
 
2,534,000
2,647,605
5.25%, 02/13/2034
 
1,240,000
1,263,354
4.90%, 11/01/2034
 
3,535,000
3,523,064
4.88%, 04/30/2035
 
2,335,000
2,307,225
4.63%, 10/29/2035(c)
 
869,000
841,481
4.88%, 04/29/2036(c)
 
5,290,000
5,195,106
 
 
25,187,704
Trading Companies & Distributors–0.33%
Aircastle Ltd., 5.25%(b)(c)(e)(h)
 
589,000
590,209
Aircastle Ltd./Aircastle Ireland DAC,
5.00%, 09/15/2030(b)
 
1,641,000
1,638,295
5.00%, 05/15/2031(b)
 
1,890,000
1,873,002
Ferguson Enterprises, Inc.,
4.35%, 03/15/2031
 
511,000
502,597
5.00%, 10/03/2034
 
1,078,000
1,072,064
GATX Corp.,
5.50%, 06/15/2035
 
30,000
30,417
3.10%, 06/01/2051
 
3,272,000
2,091,774
6.05%, 06/05/2054
 
42,000
42,490
Mitsubishi Corp. (Japan), 5.13%,
07/17/2034(b)
 
3,144,000
3,178,853
Sumisho Air Lease Corp.,
4.40%, 03/24/2028(b)
 
885,000
880,801
4.50%, 03/24/2029(b)
 
52,000
51,693
Series B, 4.65%(e)(h)
 
1,444,000
1,443,314
 
 
13,395,509
Transaction & Payment Processing Services–0.03%
Fiserv, Inc.,
5.38%, 08/21/2028
 
27,000
27,361
4.55%, 02/15/2031
 
17,000
16,680
5.63%, 08/21/2033
 
25,000
25,361
5.45%, 03/15/2034
 
53,000
52,870
Mastercard, Inc., 4.85%,
03/09/2033
 
657,000
665,669
PayPal Holdings, Inc.,
5.05%, 06/01/2052
 
183,000
158,214
5.25%, 06/01/2062
 
319,000
279,821
 
 
1,225,976
Water Utilities–0.03%
American Water Capital Corp.,
5.70%, 09/01/2055
 
1,188,000
1,174,623
Wireless Telecommunication Services–0.78%
DB Terra Chile HoldCo S.p.A.
(Chile), 7.95%,
04/20/2031(b)
 
202,000
201,325
Meridian Arc Holdco LLC, 6.25%,
04/30/2031(b)
 
14,863,000
14,947,452
PR RNO Property Owner 1 LLC,
6.50%, 05/01/2031(b)
 
3,241,000
3,247,320
 
Principal
Amount
Value
Wireless Telecommunication Services–(continued)
Sprint Spectrum Co. LLC/Sprint
Spectrum Co. II LLC/Sprint
Spectrum Co. III LLC, 5.15%,
03/20/2028(b)
 
$109,600
$110,067
T-Mobile USA, Inc.,
4.95%, 11/15/2035
 
2,986,000
2,933,633
4.50%, 04/15/2050
 
702,000
572,913
5.65%, 01/15/2053
 
1,801,000
1,717,099
6.00%, 06/15/2054
 
724,000
725,442
5.50%, 01/15/2055
 
39,000
36,495
5.88%, 11/15/2055
 
1,740,000
1,713,169
5.70%, 01/15/2056
 
4,043,000
3,884,787
Vodafone Group PLC (United Kingdom),
5.75%, 02/10/2063
 
337,000
316,505
4.13%, 06/04/2081(e)
 
1,095,000
1,020,890
 
 
31,427,097
Total U.S. Dollar Denominated Bonds & Notes
(Cost $3,511,738,244)
3,508,841,735
 
Asset-Backed Securities–4.96%
Bowling Green Park CLO LLC,
Series 2019-1A, Class ARR,
4.68% (3 mo. Term SOFR +
1.00%), 04/18/2035(b)(f)
 
12,321,000
12,327,986
Carlyle US CLO Ltd.,
Series 2022-1A, Class A1R,
4.65% (3 mo. Term SOFR +
0.98%), 04/15/2035(b)(f)
 
6,518,510
6,526,026
Centersquare Issuer LLC,
Series 2025-3A, Class A2,
5.00%, 08/25/2055(b)
 
6,160,000
5,934,678
Series 2025-4A, Class A2,
5.20%, 08/25/2055(i)
 
7,750,000
7,229,624
CIFC Funding Ltd.,
Series 2022-3A, Class AR,
4.62% (3 mo. Term SOFR +
0.95%), 04/21/2035(b)(f)
 
7,350,000
7,354,866
CLI Funding IX LLC,
Series 2025-1A, Class A,
5.35%, 06/20/2050(b)
 
2,299,637
2,300,299
DB Master Finance LLC,
Series 2025-1A, Class A2I,
4.89%, 08/20/2055(b)
 
3,014,850
2,989,039
Series 2025-1A, Class A2II,
5.17%, 08/20/2055(b)
 
2,318,350
2,298,420
Series 2026-1A, Class A2I,
5.20%, 05/20/2056(b)
 
3,300,000
3,312,375
Series 2026-1A, Class A2II,
5.43%, 05/20/2056(b)
 
9,140,000
9,174,275
Domino’s Pizza Master Issuer LLC,
Series 2025-1A, Class A2I,
4.93%, 07/25/2055(b)
 
6,530,000
6,492,654
Series 2025-1A, Class A2II,
5.22%, 07/25/2055(b)
 
5,550,000
5,503,171
ECLIPSE AIRCRAFT 2026-1 LLC,
Series 2026-1, Class A,
5.63%, 05/15/2051(b)
 
10,370,000
10,369,821
Hilton Grand Vacations Trust,
Series 2025-1A, Class A,
4.88%, 05/27/2042(b)
 
1,322,675
1,325,854
Jersey Mike’s Funding,
Series 2025-1A, Class A2,
5.61%, 08/16/2055(b)
 
5,260,250
5,323,509
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
 
Jimmy John’s Funding LLC,
Series 2017-1A, Class A2II,
4.85%, 07/30/2047(b)
 
$2,504,745
$2,499,746
Magnetite XXI Ltd.,
Series 2019-21AR, Class AR,
4.61% (3 mo. Term SOFR +
0.98%), 04/20/2034(b)(f)
 
13,272,000
13,275,318
Metronet Infrastructure
Issuer LLC, Series 2025-1A,
Class A2, 6.01%,
07/20/2055(i)
 
4,750,000
4,812,803
Planet Fitness Master Issuer LLC,
Series 2025-1A, Class A2II,
5.65%, 12/06/2055(b)
 
1,800,000
1,785,516
Qdoba Funding LLC,
Series 2026-1A, Class A2,
6.70%, 06/14/2056(b)
 
22,550,000
22,699,558
Sonic Capital LLC,
Series 2020-1A, Class A2I,
3.85%, 01/20/2050(b)
 
10,076,267
9,996,849
Series 2021-1A, Class A2I,
2.19%, 08/20/2051(b)
 
2,431,000
2,268,548
Series 2021-1A, Class A2II,
2.64%, 08/20/2051(b)
 
2,392,867
2,055,777
Subway Funding LLC,
Series 2024-1A, Class A23,
6.51%, 07/30/2054(b)
 
4,665,945
4,622,030
Series 2024-1A, Class A2I,
6.03%, 07/30/2054(b)
 
5,120,030
5,154,663
Series 2024-1A, Class A2I,
6.27%, 07/30/2054(b)
 
5,077,675
5,109,300
Series 2024-3A, Class A23,
5.91%, 07/30/2054(b)
 
5,264,825
5,070,464
Series 2024-3A, Class A2I,
5.25%, 07/30/2054(b)
 
4,856,050
4,769,717
Series 2024-3A, Class A2I,
5.57%, 07/30/2054(b)
 
4,984,100
4,857,730
Taco Bell Funding LLC,
Series 2025-1A, Class A2I,
4.82%, 08/25/2055(b)
 
4,150,000
4,101,621
Series 2025-1A, Class A2II,
5.05%, 08/25/2055(b)
 
2,410,000
2,366,150
Wells Fargo Commercial Mortgage
Trust, Series 2026-C66,
Class A5, 5.65%,
04/15/2059
 
2,160,000
2,250,862
Wendy’s Funding LLC,
Series 2018-1A, Class A2II,
3.88%, 03/15/2048(b)
 
4,173,236
4,083,681
Zaxby’s Funding LLC,
Series 2024-1A, Class A2I,
6.59%, 04/30/2054(b)
 
3,035,925
3,086,234
Zayo Issuer LLC, Series 2025-2A,
Class A2, 5.95%,
06/20/2055(b)
 
5,671,000
5,750,224
Total Asset-Backed Securities
(Cost $199,967,046)
199,079,388
Variable Rate Senior Loan Interests–3.00%(l)(m)
Aerospace & Defense–0.05%
TransDigm, Inc., Term Loan M,
6.12% (1 mo. Term SOFR +
2.50%), 08/19/2032
 
2,004,062
2,011,247
 
Principal
Amount
Value
Automotive Parts & Equipment–0.02%
Clarios (Global L.P. & US Fin Com,
Inc. / Panther / POWSOL), Term
Loan B, 6.10% (1 mo. SOFR +
2.50%), 01/28/2032
 
$970,623
$973,170
Broadcasting–0.12%
Nexstar Broadcasting, Inc., Term
Loan B, 6.37% (3 mo. Term
SOFR + 2.75%), 03/18/2033
 
4,699,619
4,707,702
Health Care Facilities–0.04%
Select Medical Corp., Term Loan
B, 5.62% (1 mo. Term SOFR +
2.00%), 11/30/2031
 
1,635,655
1,632,253
Interactive Home Entertainment–0.21%
Oak-Eagle AcquireCo, Inc.
(Electronic Arts, Inc; EA), Term
Loan B, —%, 03/23/2033(n)
 
8,406,333
8,443,447
Real Estate Development–0.18%
VCI Asset Holdings 2 LLC, Term
Loan, 7.38%, 02/06/2031
 
6,915,475
7,148,873
Restaurants–0.98%
Raising Cane’s Restaurants LLC,
Term Loan B, 5.62% (1 mo.
Term SOFR + 2.00%),
09/10/2031
 
10,316,325
10,306,628
Term Loan,
5.62% (1 mo. Term SOFR +
2.00%), 11/03/2032
 
21,565,950
21,527,778
-%, 05/30/2033(n)
 
7,487,366
7,459,288
 
 
39,293,694
Systems Software–1.40%
CoreWeave Compute Acquisition Co.
VIII LLC,
Delayed Draw Term Loan,
5.81% (1 mo. Term SOFR +
2.15%), 03/31/2032(i)
 
12,766,763
12,830,597
0.00%, 03/31/2032(i)(o)
 
43,033,237
43,248,403
 
 
56,079,000
Total Variable Rate Senior Loan Interests
(Cost $119,490,619)
120,289,386
U.S. Treasury Securities–2.25%
U.S. Treasury Bills–0.17%
3.61% - 3.69%,
09/17/2026(p)(q)
 
6,785,000
6,711,468
U.S. Treasury Bonds–0.12%
5.00%, 05/15/2046
 
3,367,800
3,377,535
4.75%, 02/15/2056
 
1,541,000
1,485,620
 
 
4,863,155
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Principal
Amount
Value
U.S. Treasury Notes–1.96%
3.75%, 04/30/2028
 
$7,304,000
$7,270,333
3.88%, 07/15/2028
 
1,000
997
3.88%, 05/15/2029
 
15,218,100
15,146,171
3.88%, 04/30/2031
 
13,715,400
13,557,887
4.13%, 04/30/2033
 
11,786,000
11,677,348
4.38%, 05/15/2036
 
31,351,000
31,191,796
 
 
78,844,532
Total U.S. Treasury Securities
(Cost $90,049,063)
90,419,155
 

Shares
 
Preferred Stocks–1.35%
Aerospace & Defense–0.09%
Boeing Co. (The), 6.00%, Conv. Pfd.
52,000
3,750,240
Diversified Banks–0.50%
Citigroup, Inc., 6.25%, Series II, Pfd.
137,525
3,436,750
Wells Fargo & Co., 7.50%, Class A,
Series L, Conv. Pfd.
14,224
16,689,303
 
 
20,126,053
Diversified Financial Services–0.19%
Apollo Global Management, Inc.,
7.63%, Pfd.(e)
287,800
7,502,946
Electric Utilities–0.02%
Southern Co. (The), 7.13%, Series A,
Conv. Pfd.
15,000
754,500
Investment Banking & Brokerage–0.26%
Morgan Stanley, 7.13%, Series E, Pfd.
256,997
6,532,864
Morgan Stanley, 6.88%, Series F, Pfd.
150,000
3,795,000
 
 
10,327,864
Regional Banks–0.16%
M&T Bank Corp., 7.50%, Series J, Pfd.
251,487
6,601,534
Systems Software–0.13%
Oracle Corp., 6.50%, Class D, Conv.
Pfd.
78,945
5,060,374
Total Preferred Stocks (Cost $52,684,470)
54,123,511
 
Exchange-Traded Funds–0.75%
Invesco Core Fixed Income ETF(r)
216,500
5,425,490
Invesco High Yield Systematic Bond
ETF(c)(r)
209,200
4,687,126
Invesco Short Duration High Yield ETF(r)
9,000
229,634
Invesco Short Duration Total Return
Bond ETF(r)
610,300
15,262,382
Invesco Total Return Bond ETF(r)
100,000
4,692,000
Total Exchange-Traded Funds
(Cost $31,616,855)
30,296,632
 
Principal
Amount
 
Non-U.S. Dollar Denominated Bonds & Notes–0.14%(s)
Drug Retail–0.02%
Boots Group Finco L.P. (United
Kingdom), 5.38%,
08/31/2032(b)
EUR
750,000
903,728
 
Principal
Amount
Value
Health Care Supplies–0.01%
Bausch + Lomb Netherlands B.V.
and Bausch & Lomb, Inc.,
6.08% (3 mo. EURIBOR +
3.88%), 01/15/2031(b)(f)
EUR
500,000
$591,327
Marine Transportation–0.02%
CMA CGM S.A. (France), 4.88%,
01/15/2032(b)
EUR
525,000
602,613
Movies & Entertainment–0.08%
Netflix, Inc., 3.88%,
11/15/2029(b)
EUR
2,600,000
3,111,359
Pharmaceuticals–0.01%
LSF12 Pillar Investments (US),
Inc., 5.75%, 05/15/2033(b)
EUR
500,000
586,436
Total Non-U.S. Dollar Denominated Bonds & Notes
(Cost $5,529,799)
5,795,463
 

Shares
 
Common Stocks & Other Equity Interests–0.02%
Internet Services & Infrastructure–0.02%
VCI Compute II LLC (Cost $720,316)(i)
720,316
759,933
 
Principal
Amount
 
Municipal Obligations–0.00%
Florida Development Finance Corp.
(Palm Bay Academy, Inc.),
Series 2017, Ref. RB, 0.00%,
05/15/2037(b)(k)
 
$360,000
4
Series 2017, Ref. RB, 9.00%,
05/15/2037(b)
 
350,000
35,000
Total Municipal Obligations (Cost $405,876)
35,004
 

Shares
 
Money Market Funds–1.31%
Invesco Government & Agency Portfolio,
Institutional Class, 3.53%(r)(t)
18,357,641
18,357,641
Invesco Treasury Portfolio, Institutional
Class, 3.52%(r)(t)
34,092,761
34,092,761
Total Money Market Funds (Cost $52,450,402)
52,450,402
 
 
 
Options Purchased–0.06%
(Cost $2,561,574)(u)
2,569,545
TOTAL INVESTMENTS IN
SECURITIES (excluding
investments purchased with
cash collateral from securities
on loan)-101.18%
(Cost $4,067,214,264)
 
4,064,660,154
 

Shares
 
Investments Purchased with Cash Collateral from
Securities on Loan
Money Market Funds–11.68%
Invesco Private Government Fund,
3.58%(r)(t)(v)
131,818,438
131,818,438
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Shares
Value
Money Market Funds–(continued)
Invesco Private Prime Fund,
3.75%(r)(t)(v)
337,312,902
$337,380,365
Total Investments Purchased with Cash Collateral
from Securities on Loan (Cost $469,198,786)
469,198,803
TOTAL INVESTMENTS IN SECURITIES–112.86%
(Cost $4,536,413,050)
4,533,858,957
OTHER ASSETS LESS LIABILITIES—(12.86)%
(516,540,628
)
NET ASSETS–100.00%
$4,017,318,329
Investment Abbreviations:
Conv.
– Convertible
ETF
– Exchange-Traded Fund
EUR
– Euro
EURIBOR
– Euro Interbank Offered Rate
Pfd.
– Preferred
PIK
– Pay-in-Kind
RB
– Revenue Bonds
Ref.
– Refunding
REIT
– Real Estate Investment Trust
SOFR
– Secured Overnight Financing Rate
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)
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at
May 31, 2026 was $1,431,411,471, which represented 35.63% of the Fund’s Net Assets.
(c)
All or a portion of this security was out on loan at May 31, 2026.
(d)
Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at May 31, 2026
was $1,531,356, which represented less than 1% of the Fund’s Net Assets.
(e)
Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate.
(f)
Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2026.
(g)
All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.
(h)
Perpetual bond with no specified maturity date.
(i)
Security valued using significant unobservable inputs (Level 3). See Note 1.
(j)
Restricted security. The aggregate value of these securities at May 31, 2026 was $17,286,328, which represented less than 1% of the Fund’s Net Assets.
(k)
Zero coupon bond issued at a discount.
(l)
Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers
repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be
substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three
to five years.
(m)
Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the “1933 Act”) and may
be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund’s portfolio generally have variable rates which adjust to a
base, such as the Secured Overnight Financing Rate ("SOFR"), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that
float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank.
(n)
This variable rate interest will settle after May 31, 2026, at which time the interest rate will be determined.
(o)
All or a portion of this holding is subject to unfunded loan commitments. Interest rate will be determined at the time of funding.
(p)
All or a portion of the value was pledged as collateral to cover margin requirements for open futures contracts.
(q)
Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.
(r)
Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended May 31, 2026.
 
Value
February 28, 2026
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
(Loss)
Value
May 31, 2026
Dividend Income
Invesco Core Fixed Income ETF
$3,506,057
$2,023,050
$-
$(103,617)
$-
$5,425,490
$51,369
Invesco High Yield Systematic Bond ETF
4,393,386
309,875
-
(16,135)
-
4,687,126
77,234
Invesco Short Duration High Yield ETF
231,170
-
-
(1,536)
-
229,634
3,126
Invesco Short Duration Total Return Bond ETF
15,203,160
174,505
-
(115,283)
-
15,262,382
166,292
Invesco Total Return Bond ETF
4,795,000
-
-
(103,000)
-
4,692,000
52,853
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

 
Value
February 28, 2026
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
$6,764,241
$97,537,554
$(85,944,154)
$-
$-
$18,357,641
$38,365
Invesco Treasury Portfolio, Institutional Class
12,562,162
181,141,173
(159,610,574)
-
-
34,092,761
70,987
Investments Purchased with Cash Collateral
from Securities on Loan:
Invesco Private Government Fund
154,351,891
137,547,148
(160,080,601)
-
-
131,818,438
1,264,668*
Invesco Private Prime Fund
399,162,200
307,640,238
(369,371,483)
17
(50,607)
337,380,365
3,439,306*
Total
$600,969,267
$726,373,543
$(775,006,812)
$(339,554)
$(50,607)
$551,945,837
$5,164,200
*
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.
(s)
Foreign denominated security. Principal amount is denominated in the currency indicated.
(t)
The rate shown is the 7-day SEC standardized yield as of May 31, 2026.
(u)
The table below details options purchased.
(v)
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 Exchange-Traded Index Options Purchased
Description
Type of
Contract
Expiration
Date
Number of
Contracts
Exercise
Price
Notional
Value(a)
Value
Equity Risk
S&P 500 Index
Call
10/16/2026
87
USD
7,660.00
USD
66,642,000
$2,569,545
(a)Notional Value is calculated by multiplying the Number of Contracts by the Exercise Price by the multiplier.
Open Futures Contracts
Long Futures Contracts
Number of
Contracts
Expiration
Month
Notional
Value
Value
Unrealized
Appreciation
(Depreciation)
Interest Rate Risk
U.S. Treasury 2 Year Notes
3,272
September-2026
$675,872,500
$569,045
$569,045
U.S. Treasury 5 Year Notes
1,347
September-2026
144,413,134
414,723
414,723
U.S. Treasury Long Bonds
15
September-2026
1,683,281
14,165
14,165
U.S. Treasury Ultra Bonds
264
September-2026
30,203,250
569,250
569,250
Subtotal—Long Futures Contracts
1,567,183
1,567,183
Short Futures Contracts
 
 
 
 
 
Interest Rate Risk
U.S. Treasury 10 Year Notes
1,301
September-2026
(142,886,391
)
(904,601
)
(904,601
)
U.S. Treasury 10 Year Ultra Notes
842
September-2026
(94,369,781
)
(909,187
)
(909,187
)
Subtotal—Short Futures Contracts
(1,813,788
)
(1,813,788
)
Total Futures Contracts
$(246,605
)
$(246,605
)
Open Forward Foreign Currency Contracts
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
Currency Risk
 
 
 
07/28/2026
Goldman Sachs International
EUR
1,176,000
USD
1,387,121
$12,178
07/28/2026
State Street Bank & Trust Co.
EUR
25,000
USD
29,368
139
07/28/2026
State Street Bank & Trust Co.
GBP
15,000
USD
20,258
59
Subtotal—Appreciation
12,376
Currency Risk
 
 
 
07/28/2026
State Street Bank & Trust Co.
EUR
500,000
USD
584,367
(218
)
Total Forward Foreign Currency Contracts
$12,158
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

Abbreviations:
EUR
—Euro
GBP
—British Pound Sterling
USD
—U.S. Dollar
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Corporate Bond Fund

Notes to Quarterly Schedule of Portfolio Holdings
May 31, 2026
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of May 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
 
Level 1
Level 2
Level 3
Total
Investments in Securities
U.S. Dollar Denominated Bonds & Notes
$
$3,496,700,777
$12,140,958
$3,508,841,735
Asset-Backed Securities
187,036,961
12,042,427
199,079,388
Variable Rate Senior Loan Interests
64,210,386
56,079,000
120,289,386
U.S. Treasury Securities
90,419,155
90,419,155
Preferred Stocks
54,123,511
54,123,511
Exchange-Traded Funds
30,296,632
30,296,632
Non-U.S. Dollar Denominated Bonds & Notes
5,795,463
5,795,463
Common Stocks & Other Equity Interests
759,933
759,933
Municipal Obligations
35,004
35,004
Money Market Funds
52,450,402
469,198,803
521,649,205
Options Purchased
2,569,545
2,569,545
Total Investments in Securities
139,440,090
4,313,396,549
81,022,318
4,533,858,957
Other Investments - Assets*
Investments Matured
44,730
44,730
Futures Contracts
1,567,183
1,567,183
Forward Foreign Currency Contracts
12,376
12,376
 
1,567,183
57,106
1,624,289
Other Investments - Liabilities*
Futures Contracts
(1,813,788
)
(1,813,788
)
Forward Foreign Currency Contracts
(218
)
(218
)
 
(1,813,788
)
(218
)
(1,814,006
)
Total Other Investments
(246,605
)
56,888
(189,717
)
Total Investments
$139,193,485
$4,313,453,437
$81,022,318
$4,533,669,240
*
Forward foreign currency contracts and futures contracts are valued at unrealized appreciation (depreciation). Investments matured is shown at value.
A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.
The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) during the three months ended May 31, 2026:
 
Value
02/28/26
Purchases
at Cost
Proceeds
from Sales
Accrued
Discounts/
Premiums
Realized
Gain
Change in
Unrealized
Appreciation
(Depreciation)
Transfers
into
Level 3
Transfers
out of
Level 3
Value
05/31/26
Variable Rate Senior Loan Interests
$7,140,882
$55,800,000
$
$
$
$279,000
$
$(7,140,882
)
$56,079,000
U.S. Dollar Denominated Bonds & Notes
12,341,167
(200,209
)
12,140,958
Asset-Backed Securities
18,287,345
(5,941,000
)
20,806
28,245
(352,969
)
12,042,427
Common Stocks & Other Equity Interests
39,617
720,316
759,933
Total
$37,769,394
$55,800,000
$(5,941,000
)
$20,806
$28,245
$(234,561
)
$720,316
$(7,140,882
)
$81,022,318
Invesco Corporate Bond Fund

The following table summarizes the valuation techniques and significant unobservable inputs used in determining fair value measurements for those investments classified as Level 3 at period end:
 
Fair Value
at 05/31/26
Valuation
Technique
Unobservable
Inputs
Range of
Unobservable
Inputs
Weighted Average of
Unobservable Inputs
Based on Fair Value
Variable Rate Senior Loan Interests
$          56,079,000
Third-Party Pricing
Broker Quote
100.50% of Par
-
U.S. Dollar Denominated Bonds & Notes
12,140,958
Discounted Cash Flow Model
Discount Rate
5.84%
-
Asset-Backed Securities
12,042,427
Third-Party Pricing
Broker Quote
93.29% of Par
-
Common Stocks & Other Equity Interests
759,933
Third-Party Pricing
Broker Quote
1.06% of Par
-
Total
$          81,022,318
Invesco Corporate Bond Fund