Schedule of Investments(a)  
July 31, 2026
(Unaudited)
 
 
Shares
Value
Common Stocks & Other Equity Interests–99.24%
Aerospace & Defense–2.81%
Honeywell Aerospace, Inc.(b)
106,698
$22,058,745
Northrop Grumman Corp.
39,940
21,666,651
RTX Corp.
250,377
53,886,138
 
 
97,611,534
Agricultural & Farm Machinery–0.75%
Deere & Co.
44,058
26,111,855
Apparel Retail–0.89%
Ross Stores, Inc.
123,265
30,948,144
Application Software–0.63%
Intuit, Inc.
69,154
21,857,505
Biotechnology–1.40%
AbbVie, Inc.
193,349
48,518,998
Building Products–1.28%
Johnson Controls International PLC
302,277
44,331,945
Communications Equipment–1.16%
Cisco Systems, Inc.
346,706
40,214,429
Construction Materials–0.87%
CRH PLC
318,729
30,282,442
Consumer Finance–1.89%
American Express Co.
109,214
36,723,207
Capital One Financial Corp.
138,888
29,028,981
 
 
65,752,188
Consumer Staples Merchandise Retail–1.40%
Walmart, Inc.
437,675
48,669,460
Data Center REITs–0.97%
Digital Realty Trust, Inc.
177,905
33,538,651
Diversified Banks–4.80%
Bank of America Corp.
669,355
41,466,542
JPMorgan Chase & Co.
260,284
91,565,309
Wells Fargo & Co.
389,147
33,641,758
 
 
166,673,609
Electric Utilities–1.13%
PPL Corp.
1,109,419
39,062,643
Electrical Components & Equipment–2.34%
Eaton Corp. PLC
103,826
43,108,555
Rockwell Automation, Inc.
79,653
38,239,812
 
 
81,348,367
Electronic Manufacturing Services–0.74%
TE Connectivity PLC (China)
125,558
25,826,025
Environmental & Facilities Services–0.78%
Republic Services, Inc.
129,045
27,170,425
Financial Exchanges & Data–0.95%
Cboe Global Markets, Inc.
106,360
32,996,063
 
Shares
Value
Health Care Distributors–0.71%
Cardinal Health, Inc.
107,710
$24,776,531
Health Care Equipment–1.68%
Abbott Laboratories
241,873
25,565,976
Medtronic PLC
381,990
32,618,126
 
 
58,184,102
Health Care Services–0.85%
CVS Health Corp.
282,297
29,480,276
Heavy Electrical Equipment–0.53%
Siemens Energy AG, Class A (Germany)
107,117
18,300,186
Home Improvement Retail–0.93%
Lowe’s Cos., Inc.
154,630
32,133,660
Homebuilding–0.55%
D.R. Horton, Inc.
133,085
19,039,140
Hotels, Resorts & Cruise Lines–1.96%
Marriott International, Inc., Class A
113,034
42,142,466
Royal Caribbean Cruises Ltd.
81,554
25,958,638
 
 
68,101,104
Household Products–1.51%
Procter & Gamble Co. (The)
362,692
52,405,367
Industrial Conglomerates–0.75%
Honeywell International, Inc.
106,698
25,932,949
Industrial Gases–1.35%
Linde PLC
97,617
46,698,020
Industrial Machinery & Supplies & Components–1.77%
Lincoln Electric Holdings, Inc.
114,435
29,903,010
Parker-Hannifin Corp.
32,243
31,486,257
 
 
61,389,267
Industrial REITs–1.35%
Prologis, Inc.
324,321
46,900,060
Insurance Brokers–0.97%
Marsh & McLennan Cos., Inc.
177,334
33,638,486
Integrated Oil & Gas–1.40%
Chevron Corp.
246,983
48,613,664
Interactive Media & Services–9.01%
Alphabet, Inc., Class A
641,484
228,451,697
Meta Platforms, Inc., Class A
151,695
84,450,123
 
 
312,901,820
Investment Banking & Brokerage–1.00%
Morgan Stanley
164,768
34,670,483
IT Consulting & Other Services–1.18%
International Business Machines Corp.
183,493
41,038,209
Life Sciences Tools & Services–1.15%
Danaher Corp.
204,193
39,813,551
See accompanying notes which are an integral part of this schedule.
Invesco Rising Dividends Fund
 
Shares
Value
Managed Health Care–1.27%
UnitedHealth Group, Inc.
106,510
$44,137,744
Multi-Utilities–1.39%
Ameren Corp.
251,641
27,582,370
CMS Energy Corp.
286,417
20,619,160
 
 
48,201,530
Oil & Gas Equipment & Services–0.59%
SLB Ltd.
410,406
20,352,034
Oil & Gas Exploration & Production–1.86%
ConocoPhillips
349,711
42,133,181
Devon Energy Corp.
496,213
22,394,093
 
 
64,527,274
Oil & Gas Storage & Transportation–0.61%
Williams Cos., Inc. (The)
296,668
21,223,629
Packaged Foods & Meats–0.81%
Mondelez International, Inc., Class A
452,130
28,172,220
Pharmaceuticals–4.69%
Eli Lilly and Co.
70,863
81,410,249
Johnson & Johnson
150,716
38,636,047
Merck & Co., Inc.
329,516
42,902,983
 
 
162,949,279
Property & Casualty Insurance–1.49%
American International Group, Inc.
244,408
19,205,581
Hartford Insurance Group, Inc. (The)
228,100
32,369,671
 
 
51,575,252
Restaurants–1.81%
McDonald’s Corp.
135,962
36,796,755
Yum! Brands, Inc.
169,256
25,943,560
 
 
62,740,315
Semiconductor Materials & Equipment–3.52%
Applied Materials, Inc.
89,654
45,514,646
ASML Holding N.V., New York Shares
(Netherlands)
23,909
38,947,761
 
Shares
Value
Semiconductor Materials & Equipment–(continued)
Lam Research Corp.
128,360
$37,612,047
 
 
122,074,454
Semiconductors–11.20%
Broadcom, Inc.
362,846
141,248,691
NVIDIA Corp.
1,037,960
208,370,470
Texas Instruments, Inc.
142,261
39,227,048
 
 
388,846,209
Specialty Chemicals–0.56%
DuPont de Nemours, Inc.
142,633
19,540,721
Systems Software–6.82%
Microsoft Corp.
509,721
236,877,543
Technology Hardware, Storage & Peripherals–6.02%
Apple, Inc.
677,046
209,146,280
Tobacco–1.49%
Philip Morris International, Inc.
(Switzerland)
271,258
51,761,452
Transaction & Payment Processing Services–1.67%
Visa, Inc., Class A
158,588
58,063,824
Total Common Stocks & Other Equity Interests
(Cost $1,944,547,825)
3,445,120,918
Money Market Funds–0.68%
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
8,134,155
8,134,155
Invesco Treasury Portfolio, Institutional
Class, 3.63%(c)(d)
15,236,195
15,236,195
Total Money Market Funds (Cost $23,370,350)
23,370,350
TOTAL INVESTMENTS IN SECURITIES–99.92%
(Cost $1,967,918,175)
3,468,491,268
OTHER ASSETS LESS LIABILITIES—0.08%
2,914,521
NET ASSETS–100.00%
$3,471,405,789
Investment Abbreviations: 
REIT
– Real Estate Investment Trust
Notes to Schedule of Investments: 
(a)
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the
exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b)
Non-income producing security.
(c)
Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended July 31, 2026.
 
 
Value
October 31, 2025
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
Realized
Gain
(Loss)
Value
July 31, 2026
Dividend Income
Investments in Affiliated Money Market Funds:
Invesco Government & Agency Portfolio, Institutional
Class
$5,678,665
$115,183,807
$(112,728,317)
$-
$-
$8,134,155
$319,809
Invesco Treasury Portfolio, Institutional Class
10,676,000
213,912,783
(209,352,588)
-
-
15,236,195
593,143
See accompanying notes which are an integral part of this schedule.
Invesco Rising Dividends Fund
 
Value
October 31, 2025
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
Realized
Gain
(Loss)
Value
July 31, 2026
Dividend Income
Investments Purchased with Cash Collateral from
Securities on Loan:
Invesco Private Government Fund
$-
$25,832,549
$(25,832,549)
$-
$-
$-
$66,333*
Invesco Private Prime Fund
-
53,162,237
(53,162,218)
-
(19)
-
180,660*
Total
$16,354,665
$408,091,376
$(401,075,672)
$-
$(19)
$23,370,350
$1,159,945
 
*
Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from
borrowers, if any.
 
(d)
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
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 Rising Dividends Fund
Notes to Quarterly Schedule of Portfolio Holdings
July 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 July 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
Common Stocks & Other Equity Interests
$3,426,820,732
$18,300,186
$—
$3,445,120,918
Money Market Funds
23,370,350
—
—
23,370,350
Total Investments
$3,450,191,082
$18,300,186
$—
$3,468,491,268
Invesco Rising Dividends Fund