|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.76%
|
|||
|
Communication Services-3.86%
|
|||
|
Alphabet, Inc., Class A
|
|
289,728
|
$103,180,833
|
|
Alphabet, Inc., Class C
|
|
232,997
|
83,098,380
|
|
AppLovin Corp., Class A(b)
|
|
376,150
|
148,917,785
|
|
AT&T, Inc.
|
|
7,986,734
|
185,691,565
|
|
Charter Communications, Inc.,
Class A(b)(c)
|
|
1,345,286
|
195,039,564
|
|
Comcast Corp., Class A
|
|
7,734,470
|
185,317,901
|
|
EchoStar Corp., Class A(b)(c)
|
|
1,608,879
|
135,290,635
|
|
Electronic Arts, Inc.
|
|
913,403
|
191,686,754
|
|
Fox Corp., Class A(c)
|
|
1,677,623
|
97,687,987
|
|
Fox Corp., Class B
|
|
1,171,506
|
60,848,022
|
|
Live Nation Entertainment, Inc.(b)(c)
|
|
1,107,616
|
192,869,174
|
|
Meta Platforms, Inc., Class A
|
|
324,781
|
180,808,831
|
|
Netflix, Inc.(b)
|
|
2,260,604
|
162,107,913
|
|
News Corp., Class A
|
|
4,985,575
|
137,402,447
|
|
News Corp., Class B(c)
|
|
1,651,847
|
51,653,256
|
|
Omnicom Group, Inc.(c)
|
|
2,505,668
|
197,196,072
|
|
Paramount Skydance Corp.(c)
|
|
17,978,702
|
143,110,468
|
|
Take-Two Interactive Software,
Inc.(b)
|
|
880,794
|
213,962,478
|
|
TKO Group Holdings, Inc.(c)
|
|
897,965
|
163,259,017
|
|
T-Mobile US, Inc.
|
|
1,000,045
|
172,717,772
|
|
Trade Desk, Inc. (The), Class A(b)(c)
|
|
9,609,303
|
173,351,826
|
|
Verizon Communications, Inc.
|
|
3,948,314
|
184,820,578
|
|
Walt Disney Co. (The)
|
|
1,879,927
|
180,830,178
|
|
Warner Bros. Discovery, Inc.(b)
|
|
7,067,258
|
185,868,885
|
|
|
|
|
3,726,718,321
|
|
Consumer Discretionary-9.47%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
1,435,922
|
217,570,901
|
|
Amazon.com, Inc.(b)
|
|
779,829
|
211,785,960
|
|
Aptiv PLC(b)(c)
|
|
2,844,018
|
160,601,696
|
|
AutoZone, Inc.(b)
|
|
59,705
|
180,085,206
|
|
Best Buy Co., Inc.
|
|
2,451,233
|
211,443,359
|
|
Booking Holdings, Inc.
|
|
1,154,272
|
222,659,069
|
|
Carnival Corp. Ltd.
|
|
7,133,586
|
198,385,027
|
|
Carvana Co.(b)(c)
|
|
2,756,433
|
171,891,162
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
6,094,655
|
226,843,059
|
|
D.R. Horton, Inc.
|
|
1,263,524
|
180,759,743
|
|
Darden Restaurants, Inc.(c)
|
|
910,246
|
185,307,881
|
|
Deckers Outdoor Corp.(b)
|
|
1,667,880
|
161,584,214
|
|
Domino’s Pizza, Inc.(c)
|
|
588,898
|
204,606,721
|
|
DoorDash, Inc., Class A(b)
|
|
1,228,968
|
241,074,363
|
|
eBay, Inc.
|
|
1,742,125
|
198,619,671
|
|
Expedia Group, Inc.
|
|
846,740
|
249,568,148
|
|
Ford Motor Co.
|
|
12,962,972
|
190,296,429
|
|
Garmin Ltd.
|
|
800,177
|
235,075,999
|
|
General Motors Co.
|
|
2,335,088
|
207,495,920
|
|
Genuine Parts Co.(c)
|
|
1,883,351
|
234,232,364
|
|
Hasbro, Inc.
|
|
2,252,683
|
211,617,041
|
|
Hilton Worldwide Holdings, Inc.
|
|
548,661
|
175,840,364
|
|
Home Depot, Inc. (The)(c)
|
|
581,265
|
192,956,729
|
|
Las Vegas Sands Corp.
|
|
3,648,775
|
178,388,610
|
|
Lennar Corp., Class A
|
|
2,063,111
|
169,897,191
|
|
Lowe’s Cos., Inc.
|
|
857,447
|
178,186,061
|
|
lululemon Athletica, Inc.(b)(c)
|
|
1,559,000
|
185,318,330
|
|
Marriott International, Inc., Class A
|
|
480,112
|
179,000,157
|
|
McDonald’s Corp.
|
|
656,297
|
177,620,220
|
|
MGM Resorts International(b)
|
|
3,952,268
|
176,152,585
|
|
NIKE, Inc., Class B
|
|
4,217,701
|
175,920,309
|
|
Norwegian Cruise Line Holdings
Ltd.(b)(c)
|
|
10,344,592
|
191,685,290
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
NVR, Inc.(b)
|
|
29,459
|
$181,085,946
|
|
O’Reilly Automotive, Inc., Class R(b)
|
|
2,049,683
|
183,139,176
|
|
PulteGroup, Inc.(c)
|
|
1,564,526
|
197,865,603
|
|
Ralph Lauren Corp.
|
|
492,448
|
187,297,672
|
|
Ross Stores, Inc.
|
|
800,111
|
200,883,869
|
|
Royal Caribbean Cruises Ltd.(c)
|
|
690,603
|
219,818,935
|
|
Starbucks Corp.
|
|
1,877,062
|
197,560,775
|
|
Tapestry, Inc.
|
|
1,315,400
|
200,427,498
|
|
Tesla, Inc.(b)
|
|
485,740
|
151,167,145
|
|
TJX Cos., Inc. (The)
|
|
1,105,476
|
173,935,594
|
|
Tractor Supply Co.(c)
|
|
6,026,679
|
185,440,913
|
|
Ulta Beauty, Inc.(b)
|
|
393,872
|
201,989,378
|
|
Williams-Sonoma, Inc.
|
|
895,796
|
204,832,713
|
|
Wynn Resorts Ltd.(c)
|
|
1,761,076
|
174,892,458
|
|
Yum! Brands, Inc.
|
|
1,226,927
|
188,063,370
|
|
|
|
|
9,130,870,824
|
|
Consumer Staples-6.61%
|
|||
|
Altria Group, Inc.(c)
|
|
2,534,778
|
173,201,381
|
|
Archer-Daniels-Midland Co.
|
|
2,280,828
|
180,801,236
|
|
Brown-Forman Corp., Class B(c)
|
|
6,987,633
|
200,754,696
|
|
Bunge Global S.A.
|
|
1,445,833
|
153,590,840
|
|
Casey’s General Stores, Inc.
|
|
203,244
|
177,025,524
|
|
Church & Dwight Co., Inc.
|
|
1,888,145
|
186,567,607
|
|
Clorox Co. (The)(c)
|
|
1,868,558
|
178,503,346
|
|
Coca-Cola Co. (The)
|
|
2,217,592
|
194,238,883
|
|
Colgate-Palmolive Co.
|
|
2,060,804
|
188,151,405
|
|
Constellation Brands, Inc., Class A
|
|
1,302,876
|
169,673,541
|
|
Costco Wholesale Corp.
|
|
188,583
|
179,510,272
|
|
Dollar General Corp.
|
|
1,687,579
|
214,406,912
|
|
Dollar Tree, Inc.(b)
|
|
1,682,267
|
214,001,185
|
|
Estee Lauder Cos., Inc. (The),
Class A(c)
|
|
2,170,854
|
182,134,651
|
|
General Mills, Inc.(c)
|
|
5,481,260
|
195,955,045
|
|
Hershey Co. (The)
|
|
1,050,705
|
183,925,910
|
|
Hormel Foods Corp.(c)
|
|
7,632,812
|
190,896,628
|
|
J.M. Smucker Co. (The)
|
|
1,583,671
|
188,868,603
|
|
Kenvue, Inc.
|
|
10,271,543
|
197,624,487
|
|
Keurig Dr Pepper, Inc.
|
|
5,847,790
|
181,983,225
|
|
Kimberly-Clark Corp.(c)
|
|
1,825,209
|
199,513,596
|
|
Kraft Heinz Co. (The)(c)
|
|
7,707,677
|
199,243,450
|
|
Kroger Co. (The)
|
|
2,875,831
|
166,050,482
|
|
McCormick & Co., Inc.(c)
|
|
3,730,645
|
189,889,830
|
|
Molson Coors Beverage Co.,
Class B(c)
|
|
4,532,178
|
188,357,318
|
|
Mondelez International, Inc., Class A
|
|
2,888,306
|
179,970,347
|
|
Monster Beverage Corp.(b)
|
|
2,032,350
|
195,877,893
|
|
PepsiCo, Inc.
|
|
1,284,190
|
179,221,556
|
|
Philip Morris International, Inc.
(Switzerland)
|
|
1,013,227
|
193,343,976
|
|
Procter & Gamble Co. (The)
|
|
1,244,069
|
179,755,530
|
|
Sysco Corp.
|
|
2,360,794
|
201,234,081
|
|
Target Corp.
|
|
1,448,416
|
209,281,628
|
|
Tyson Foods, Inc., Class A(c)
|
|
3,303,069
|
191,445,879
|
|
Walmart, Inc.(c)
|
|
1,537,188
|
170,935,306
|
|
|
|
|
6,375,936,249
|
|
Energy-4.13%
|
|||
|
APA Corp.
|
|
4,878,066
|
182,049,423
|
|
Baker Hughes Co., Class A
|
|
2,941,318
|
177,920,326
|
|
Chevron Corp.
|
|
977,029
|
192,308,692
|
|
ConocoPhillips
|
|
1,547,404
|
186,431,234
|
|
Devon Energy Corp.
|
|
3,978,642
|
179,556,113
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
Diamondback Energy, Inc.
|
|
943,086
|
$191,399,304
|
|
EOG Resources, Inc.
|
|
1,322,740
|
196,678,210
|
|
EQT Corp.
|
|
3,523,376
|
187,760,707
|
|
Expand Energy Corp.
|
|
2,093,594
|
196,860,644
|
|
ExxonMobil Holdings Corp.
|
|
1,231,057
|
191,355,500
|
|
Halliburton Co.
|
|
4,666,183
|
150,484,402
|
|
Kinder Morgan, Inc.
|
|
5,822,104
|
187,355,307
|
|
Marathon Petroleum Corp.
|
|
704,106
|
222,828,426
|
|
Occidental Petroleum Corp.
|
|
3,247,568
|
185,338,706
|
|
ONEOK, Inc.
|
|
2,047,219
|
185,907,957
|
|
Phillips 66(c)
|
|
1,020,425
|
216,003,564
|
|
SLB Ltd.(c)
|
|
3,339,795
|
165,620,434
|
|
Targa Resources Corp.
|
|
680,144
|
183,890,533
|
|
Texas Pacific Land Corp.(c)
|
|
494,255
|
198,977,178
|
|
Valero Energy Corp.
|
|
718,739
|
224,893,433
|
|
Williams Cos., Inc. (The)
|
|
2,566,692
|
183,621,146
|
|
|
|
|
3,987,241,239
|
|
Financials-16.00%
|
|||
|
Aflac, Inc.(c)
|
|
1,582,864
|
201,783,503
|
|
Allstate Corp. (The)(c)
|
|
830,515
|
219,322,401
|
|
American Express Co.
|
|
592,295
|
199,159,194
|
|
American International Group, Inc.
|
|
2,473,647
|
194,379,181
|
|
Ameriprise Financial, Inc.
|
|
411,816
|
224,785,645
|
|
Aon PLC, Class A
|
|
551,813
|
198,956,177
|
|
Apollo Global Management, Inc.
|
|
1,413,456
|
177,515,939
|
|
Arch Capital Group Ltd.(b)
|
|
2,030,137
|
204,089,673
|
|
Ares Management Corp., Class A(c)
|
|
1,445,508
|
185,155,120
|
|
Arthur J. Gallagher & Co.(c)
|
|
842,312
|
210,089,459
|
|
Assurant, Inc.
|
|
720,347
|
201,113,679
|
|
Bank of America Corp.
|
|
3,398,850
|
210,558,758
|
|
Bank of New York Mellon Corp.
(The)
|
|
1,326,417
|
207,358,770
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
383,721
|
196,288,640
|
|
BlackRock, Inc.
|
|
183,636
|
200,234,858
|
|
Blackstone, Inc., Class A
|
|
1,564,666
|
199,886,082
|
|
Block, Inc., Class A(b)
|
|
2,782,193
|
226,025,359
|
|
Brown & Brown, Inc.
|
|
3,080,596
|
216,873,958
|
|
Capital One Financial Corp.
|
|
1,044,550
|
218,321,395
|
|
Cboe Global Markets, Inc.
|
|
615,780
|
191,033,429
|
|
Charles Schwab Corp. (The)
|
|
2,076,523
|
218,533,281
|
|
Chubb Ltd.
|
|
560,995
|
196,729,727
|
|
Cincinnati Financial Corp.
|
|
1,113,985
|
197,932,855
|
|
Citigroup, Inc.
|
|
1,390,036
|
184,110,268
|
|
Citizens Financial Group, Inc.
|
|
2,854,119
|
204,497,626
|
|
CME Group, Inc., Class A
|
|
702,768
|
188,194,243
|
|
Coinbase Global, Inc., Class A(b)(c)
|
|
1,204,112
|
176,113,421
|
|
Corpay, Inc.(b)(c)
|
|
531,618
|
203,136,554
|
|
Erie Indemnity Co., Class A(c)
|
|
799,306
|
193,464,024
|
|
Everest Group Ltd.(c)
|
|
551,414
|
206,311,548
|
|
FactSet Research Systems, Inc.(c)
|
|
744,385
|
195,922,132
|
|
Fidelity National Information
Services, Inc.
|
|
4,757,347
|
212,986,425
|
|
Fifth Third Bancorp
|
|
3,520,822
|
198,926,443
|
|
Fiserv, Inc.(b)
|
|
3,479,063
|
187,660,658
|
|
Franklin Resources, Inc.(c)
|
|
5,952,892
|
201,564,923
|
|
Global Payments, Inc.(c)
|
|
2,969,957
|
249,713,985
|
|
Globe Life, Inc.
|
|
1,141,902
|
208,111,640
|
|
Goldman Sachs Group, Inc. (The)
|
|
185,280
|
188,685,446
|
|
Hartford Insurance Group, Inc. (The)
|
|
1,434,333
|
203,546,196
|
|
Huntington Bancshares, Inc.
|
|
11,011,305
|
187,632,637
|
|
Interactive Brokers Group, Inc.,
Class A
|
|
2,170,096
|
190,946,747
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Intercontinental Exchange, Inc.
|
|
1,322,212
|
$201,610,886
|
|
Invesco Ltd.(d)
|
|
6,754,187
|
199,923,935
|
|
Jack Henry & Associates, Inc.(c)
|
|
1,454,521
|
224,054,415
|
|
JPMorgan Chase & Co.
|
|
600,283
|
211,173,557
|
|
KeyCorp
|
|
8,433,588
|
190,514,753
|
|
KKR & Co., Inc., Class A
|
|
1,950,809
|
197,870,557
|
|
Loews Corp.(c)
|
|
1,715,604
|
199,027,220
|
|
M&T Bank Corp.
|
|
828,729
|
204,107,665
|
|
Marsh & McLennan Cos., Inc.
|
|
1,109,350
|
210,432,602
|
|
Mastercard, Inc., Class A
|
|
379,130
|
217,279,403
|
|
MetLife, Inc.
|
|
2,152,511
|
206,920,882
|
|
Moody’s Corp.
|
|
411,786
|
196,990,187
|
|
Morgan Stanley
|
|
897,676
|
188,888,984
|
|
MSCI, Inc.
|
|
304,758
|
174,394,718
|
|
Nasdaq, Inc.
|
|
2,138,013
|
201,379,444
|
|
Northern Trust Corp.
|
|
1,117,543
|
203,605,159
|
|
PayPal Holdings, Inc.
|
|
4,558,736
|
260,805,287
|
|
PNC Financial Services Group, Inc.
(The)
|
|
797,469
|
199,263,579
|
|
Principal Financial Group, Inc.
|
|
1,697,532
|
193,009,388
|
|
Progressive Corp. (The)
|
|
907,764
|
191,919,465
|
|
Prudential Financial, Inc.
|
|
1,764,251
|
215,379,762
|
|
Raymond James Financial, Inc.
|
|
1,232,386
|
216,875,288
|
|
Regions Financial Corp.
|
|
6,486,020
|
200,742,319
|
|
Robinhood Markets, Inc., Class A(b)(c)
|
|
2,147,510
|
185,888,466
|
|
S&P Global, Inc.
|
|
457,506
|
188,460,447
|
|
State Street Corp.
|
|
1,145,813
|
211,012,922
|
|
Synchrony Financial
|
|
2,664,902
|
201,972,923
|
|
T. Rowe Price Group, Inc.(c)
|
|
1,741,812
|
194,647,491
|
|
TPG, Inc.(b)(e)
|
|
2,281,279
|
0
|
|
Travelers Cos., Inc. (The)(c)
|
|
611,259
|
228,830,919
|
|
Truist Financial Corp.
|
|
3,725,836
|
193,147,338
|
|
U.S. Bancorp
|
|
3,263,092
|
205,607,427
|
|
Visa, Inc., Class A
|
|
573,926
|
210,131,526
|
|
W.R. Berkley Corp.(c)
|
|
2,720,553
|
197,348,915
|
|
Wells Fargo & Co.
|
|
2,261,427
|
195,500,364
|
|
Willis Towers Watson PLC(c)
|
|
702,485
|
235,978,761
|
|
|
|
|
15,432,348,953
|
|
Health Care-12.41%
|
|||
|
Abbott Laboratories
|
|
2,078,838
|
219,733,177
|
|
AbbVie, Inc.
|
|
824,964
|
207,016,466
|
|
Agilent Technologies, Inc.
|
|
1,408,330
|
194,870,622
|
|
Align Technology, Inc.(b)(c)
|
|
1,087,199
|
183,910,583
|
|
Amgen, Inc.
|
|
549,509
|
211,648,886
|
|
Baxter International, Inc.(c)
|
|
9,127,298
|
238,770,116
|
|
Becton, Dickinson and Co.(c)
|
|
1,255,525
|
207,940,050
|
|
Biogen, Inc.(b)
|
|
955,296
|
193,877,323
|
|
Bio-Techne Corp.
|
|
3,532,007
|
254,622,385
|
|
Boston Scientific Corp.(b)
|
|
3,834,750
|
179,197,868
|
|
Bristol-Myers Squibb Co.
|
|
3,334,051
|
217,746,871
|
|
Cardinal Health, Inc.
|
|
857,014
|
197,138,930
|
|
Cencora, Inc.
|
|
659,176
|
205,227,856
|
|
Centene Corp.(b)
|
|
2,837,064
|
176,522,122
|
|
Charles River Laboratories
International, Inc.(b)(c)
|
|
995,975
|
231,574,147
|
|
Cigna Group (The)
|
|
626,679
|
174,874,775
|
|
Cooper Cos., Inc. (The)(b)
|
|
2,739,497
|
198,120,423
|
|
CVS Health Corp.
|
|
1,891,184
|
197,496,345
|
|
Danaher Corp.
|
|
1,010,447
|
197,016,956
|
|
DaVita, Inc.(b)(c)
|
|
933,844
|
224,206,606
|
|
Dexcom, Inc.(b)
|
|
2,479,239
|
206,892,495
|
|
Edwards Lifesciences Corp.(b)
|
|
2,156,042
|
185,570,535
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Elevance Health, Inc.
|
|
458,801
|
$172,435,768
|
|
Eli Lilly and Co.
|
|
163,592
|
187,941,033
|
|
GE HealthCare Technologies, Inc.
|
|
2,907,457
|
197,765,225
|
|
Gilead Sciences, Inc.
|
|
1,526,408
|
198,753,586
|
|
HCA Healthcare, Inc.
|
|
496,521
|
199,894,389
|
|
Henry Schein, Inc.(b)(c)
|
|
2,350,914
|
201,590,875
|
|
Humana, Inc.
|
|
508,829
|
185,142,520
|
|
IDEXX Laboratories, Inc.(b)
|
|
332,942
|
186,137,884
|
|
Incyte Corp.(b)
|
|
1,758,916
|
210,225,640
|
|
Insulet Corp.(b)
|
|
1,231,484
|
203,625,879
|
|
Intuitive Surgical, Inc.(b)
|
|
449,917
|
158,969,174
|
|
IQVIA Holdings, Inc.(b)
|
|
1,018,418
|
239,348,598
|
|
Johnson & Johnson
|
|
778,194
|
199,490,032
|
|
Labcorp Holdings, Inc.(c)
|
|
690,886
|
213,621,951
|
|
McKesson Corp.
|
|
234,606
|
200,867,311
|
|
Medtronic PLC
|
|
2,309,877
|
197,240,397
|
|
Merck & Co., Inc.
|
|
1,557,555
|
202,793,661
|
|
Mettler-Toledo International, Inc.(b)
|
|
164,056
|
232,352,513
|
|
Moderna, Inc.(b)(c)
|
|
4,030,867
|
220,972,129
|
|
Pfizer, Inc.
|
|
7,241,894
|
181,119,769
|
|
Quest Diagnostics, Inc.(c)
|
|
910,593
|
212,177,275
|
|
Regeneron Pharmaceuticals, Inc.
|
|
308,112
|
234,975,455
|
|
ResMed, Inc.(c)
|
|
958,620
|
202,249,648
|
|
Revvity, Inc.(c)
|
|
1,830,219
|
205,936,242
|
|
Solventum Corp.(b)
|
|
2,290,123
|
195,668,109
|
|
STERIS PLC
|
|
890,940
|
203,490,696
|
|
Stryker Corp.
|
|
600,943
|
195,727,135
|
|
Thermo Fisher Scientific, Inc.
|
|
384,979
|
221,093,440
|
|
UnitedHealth Group, Inc.
|
|
455,384
|
188,711,130
|
|
Universal Health Services, Inc.,
Class B
|
|
1,280,065
|
215,614,149
|
|
Veeva Systems, Inc., Class A(b)(c)
|
|
1,133,041
|
230,891,095
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
425,561
|
203,035,153
|
|
Viatris, Inc.
|
|
11,756,630
|
206,446,423
|
|
Waters Corp.(b)(c)
|
|
510,627
|
192,664,673
|
|
West Pharmaceutical Services, Inc.
|
|
560,375
|
191,065,460
|
|
Zimmer Biomet Holdings, Inc.(c)
|
|
2,102,524
|
197,490,079
|
|
Zoetis, Inc.
|
|
2,280,629
|
176,269,815
|
|
|
|
|
11,967,769,848
|
|
Industrials-16.42%
|
|||
|
3M Co.
|
|
1,183,233
|
208,580,313
|
|
A.O. Smith Corp.
|
|
3,239,682
|
194,802,079
|
|
Allegion PLC
|
|
1,433,075
|
225,566,005
|
|
AMETEK, Inc.
|
|
835,870
|
202,038,138
|
|
Automatic Data Processing, Inc.
|
|
802,252
|
213,768,068
|
|
Axon Enterprise, Inc.(b)
|
|
414,300
|
218,650,968
|
|
Boeing Co. (The)(b)
|
|
887,225
|
191,764,811
|
|
Broadridge Financial Solutions, Inc.
|
|
1,265,840
|
194,876,068
|
|
Builders FirstSource, Inc.(b)(c)
|
|
2,484,194
|
165,049,849
|
|
C.H. Robinson Worldwide, Inc.
|
|
1,003,189
|
148,201,111
|
|
Carrier Global Corp.(c)
|
|
2,727,441
|
168,583,128
|
|
Caterpillar, Inc.
|
|
216,647
|
176,526,142
|
|
Cintas Corp.
|
|
1,027,662
|
210,290,475
|
|
Comfort Systems USA, Inc.
|
|
107,988
|
186,785,764
|
|
Copart, Inc.(b)
|
|
5,911,672
|
172,147,889
|
|
CSX Corp.
|
|
3,995,609
|
201,378,694
|
|
Cummins, Inc.
|
|
294,509
|
186,777,608
|
|
Deere & Co.(c)
|
|
331,092
|
196,228,296
|
|
Delta Air Lines, Inc.(c)
|
|
2,424,181
|
211,970,387
|
|
Dover Corp.
|
|
868,076
|
177,625,711
|
|
DuPont de Nemours, Inc.
|
|
1,371,197
|
187,853,989
|
|
Eaton Corp. PLC
|
|
493,881
|
205,059,391
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
EMCOR Group, Inc.
|
|
238,727
|
$190,368,072
|
|
Emerson Electric Co.
|
|
1,352,002
|
202,556,940
|
|
Equifax, Inc.
|
|
1,116,414
|
192,715,385
|
|
Expeditors International of
Washington, Inc.
|
|
1,125,457
|
188,952,976
|
|
Fastenal Co.
|
|
4,027,322
|
192,143,533
|
|
FedEx Corp.
|
|
580,715
|
178,511,791
|
|
FedEx Freight Holding Co., Inc.(b)
|
|
1,057,147
|
148,560,868
|
|
Fortive Corp.
|
|
3,086,559
|
182,755,158
|
|
GE Vernova, Inc.
|
|
214,015
|
211,936,914
|
|
Generac Holdings, Inc.(b)
|
|
775,210
|
152,801,643
|
|
General Dynamics Corp.
|
|
544,027
|
208,590,832
|
|
General Electric Co.
|
|
581,615
|
209,422,113
|
|
Honeywell Aerospace, Inc.(b)
|
|
883,561
|
182,667,401
|
|
Honeywell International, Inc.
|
|
886,150
|
215,378,757
|
|
Howmet Aerospace, Inc.
|
|
743,206
|
209,777,325
|
|
Hubbell, Inc.
|
|
396,438
|
187,336,777
|
|
Huntington Ingalls Industries, Inc.
|
|
641,809
|
209,518,548
|
|
IDEX Corp.
|
|
865,065
|
199,354,229
|
|
Illinois Tool Works, Inc.
|
|
741,186
|
212,683,323
|
|
Ingersoll Rand, Inc.
|
|
2,630,593
|
219,338,844
|
|
J.B. Hunt Transport Services, Inc.
|
|
660,285
|
179,432,449
|
|
Jacobs Solutions, Inc.
|
|
1,522,424
|
205,420,670
|
|
Johnson Controls International PLC
|
|
1,331,592
|
195,291,283
|
|
L3Harris Technologies, Inc.
|
|
611,959
|
169,549,360
|
|
Leidos Holdings, Inc.
|
|
1,523,372
|
176,101,803
|
|
Lennox International, Inc.(c)
|
|
367,653
|
152,899,530
|
|
Lockheed Martin Corp.
|
|
353,049
|
205,735,774
|
|
Masco Corp.(c)
|
|
2,615,666
|
186,967,806
|
|
Nordson Corp.
|
|
666,127
|
198,359,298
|
|
Norfolk Southern Corp.
|
|
600,722
|
201,530,217
|
|
Northrop Grumman Corp.
|
|
342,297
|
185,689,277
|
|
Old Dominion Freight Line, Inc.
|
|
785,812
|
166,702,158
|
|
Otis Worldwide Corp.
|
|
2,661,098
|
191,466,001
|
|
PACCAR, Inc.
|
|
1,626,199
|
215,764,083
|
|
Parker-Hannifin Corp.
|
|
212,012
|
207,036,078
|
|
Paychex, Inc.(c)
|
|
1,833,599
|
214,237,707
|
|
Pentair PLC(c)
|
|
2,596,237
|
169,897,749
|
|
Quanta Services, Inc.
|
|
284,870
|
190,110,843
|
|
Republic Services, Inc.
|
|
873,043
|
183,819,204
|
|
Rockwell Automation, Inc.
|
|
421,384
|
202,298,031
|
|
Rollins, Inc.
|
|
3,882,742
|
147,427,714
|
|
RTX Corp.
|
|
1,045,864
|
225,090,850
|
|
Snap-on, Inc.
|
|
489,905
|
201,061,911
|
|
Southwest Airlines Co.(c)
|
|
4,479,016
|
201,421,349
|
|
Stanley Black & Decker, Inc.(c)
|
|
2,395,053
|
226,524,113
|
|
Textron, Inc.(c)
|
|
2,029,695
|
173,051,796
|
|
Trane Technologies PLC
|
|
413,235
|
188,001,263
|
|
TransDigm Group, Inc.
|
|
152,995
|
191,913,868
|
|
Uber Technologies, Inc.(b)
|
|
2,701,848
|
190,102,025
|
|
Union Pacific Corp.
|
|
694,953
|
203,016,620
|
|
United Airlines Holdings, Inc.(b)
|
|
1,803,584
|
218,828,847
|
|
United Parcel Service, Inc., Class B
|
|
1,795,801
|
187,158,380
|
|
United Rentals, Inc.
|
|
175,508
|
189,418,764
|
|
Veralto Corp.
|
|
2,244,352
|
211,350,628
|
|
Verisk Analytics, Inc.
|
|
1,012,266
|
197,240,030
|
|
Vertiv Holdings Co., Class A
|
|
659,764
|
159,379,189
|
|
W.W. Grainger, Inc.
|
|
140,736
|
194,528,114
|
|
Waste Management, Inc.(c)
|
|
827,503
|
187,470,805
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Westinghouse Air Brake Technologies
Corp.
|
|
723,320
|
$210,384,855
|
|
Xylem, Inc.(c)
|
|
1,732,193
|
202,614,615
|
|
|
|
|
15,844,191,370
|
|
Information Technology-13.90%
|
|||
|
Accenture PLC, Class A
|
|
1,087,199
|
180,388,058
|
|
Adobe, Inc.(b)
|
|
794,236
|
198,884,637
|
|
Advanced Micro Devices, Inc.(b)
|
|
410,186
|
195,310,064
|
|
Akamai Technologies, Inc.(b)(c)
|
|
1,426,517
|
164,306,228
|
|
Amphenol Corp., Class A
|
|
1,242,629
|
199,690,480
|
|
Analog Devices, Inc.
|
|
472,673
|
173,664,787
|
|
Apple, Inc.
|
|
636,341
|
196,572,098
|
|
Applied Materials, Inc.
|
|
373,094
|
189,408,631
|
|
Arista Networks, Inc.(b)
|
|
1,222,606
|
220,496,992
|
|
Autodesk, Inc.(b)
|
|
837,691
|
196,187,232
|
|
Broadcom, Inc.
|
|
498,167
|
193,926,450
|
|
Cadence Design Systems, Inc.(b)
|
|
481,434
|
163,697,189
|
|
CDW Corp.(c)
|
|
1,433,892
|
211,943,577
|
|
Ciena Corp.(b)
|
|
426,449
|
160,792,595
|
|
Cisco Systems, Inc.
|
|
1,560,631
|
181,017,590
|
|
Cognizant Technology Solutions
Corp., Class A
|
|
3,578,094
|
198,047,503
|
|
Coherent Corp.(b)
|
|
522,726
|
137,419,438
|
|
Corning, Inc.
|
|
1,102,243
|
152,385,095
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
1,144,980
|
218,530,883
|
|
Datadog, Inc., Class A(b)
|
|
814,343
|
218,219,494
|
|
Dell Technologies, Inc., Class C
|
|
501,768
|
203,401,694
|
|
F5, Inc.(b)
|
|
474,735
|
191,114,069
|
|
Fair Isaac Corp.(b)(c)
|
|
152,191
|
170,905,927
|
|
First Solar, Inc.(b)(c)
|
|
743,838
|
156,972,133
|
|
Flex Ltd.(b)
|
|
1,328,650
|
151,133,938
|
|
Fortinet, Inc.(b)
|
|
1,334,959
|
216,196,610
|
|
Gartner, Inc.(b)(c)
|
|
1,196,764
|
180,735,299
|
|
Gen Digital, Inc.(c)
|
|
7,529,082
|
206,673,301
|
|
GoDaddy, Inc., Class A(b)
|
|
2,311,252
|
191,232,990
|
|
Hewlett Packard Enterprise Co.
|
|
4,075,753
|
195,228,569
|
|
HP, Inc.(c)
|
|
7,508,923
|
204,768,330
|
|
Intel Corp.(b)
|
|
1,733,340
|
156,347,268
|
|
International Business Machines
Corp.
|
|
680,591
|
152,214,177
|
|
Intuit, Inc.
|
|
652,663
|
206,287,194
|
|
Jabil, Inc.
|
|
526,172
|
165,770,489
|
|
Keysight Technologies, Inc.(b)
|
|
572,149
|
182,561,303
|
|
KLA Corp.
|
|
869,087
|
158,886,485
|
|
Lam Research Corp.
|
|
576,552
|
168,941,267
|
|
Lumentum Holdings, Inc.(b)
|
|
217,357
|
155,179,857
|
|
Marvell Technology, Inc.
|
|
733,816
|
137,634,529
|
|
Microchip Technology, Inc.
|
|
2,108,652
|
156,651,757
|
|
Micron Technology, Inc.
|
|
208,418
|
171,534,267
|
|
Microsoft Corp.
|
|
466,710
|
216,889,471
|
|
Monolithic Power Systems, Inc.
|
|
126,067
|
179,775,324
|
|
Motorola Solutions, Inc.
|
|
450,330
|
196,231,298
|
|
NetApp, Inc.
|
|
1,154,147
|
206,015,240
|
|
NVIDIA Corp.
|
|
924,914
|
185,676,486
|
|
NXP Semiconductors N.V.
(Netherlands)
|
|
649,962
|
148,945,292
|
|
ON Semiconductor Corp.(b)
|
|
1,682,522
|
137,310,620
|
|
Oracle Corp.
|
|
921,343
|
119,654,815
|
|
Palantir Technologies, Inc., Class A(b)
|
|
1,423,985
|
175,235,594
|
|
Palo Alto Networks, Inc.(b)
|
|
704,261
|
233,694,928
|
|
PTC, Inc.(b)
|
|
1,372,059
|
188,246,495
|
|
Qnity Electronics, Inc.
|
|
1,326,508
|
174,011,319
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
QUALCOMM, Inc.
|
|
969,495
|
$143,107,157
|
|
Roper Technologies, Inc.(c)
|
|
555,496
|
217,737,767
|
|
Salesforce, Inc.
|
|
1,084,543
|
199,577,603
|
|
Sandisk Corp.(b)
|
|
113,028
|
137,309,805
|
|
Seagate Technology Holdings PLC
|
|
227,288
|
194,588,075
|
|
ServiceNow, Inc.(b)
|
|
1,747,743
|
194,401,454
|
|
Skyworks Solutions, Inc.(c)
|
|
2,637,708
|
164,276,454
|
|
Super Micro Computer, Inc.(b)(c)
|
|
6,334,247
|
179,892,615
|
|
Synopsys, Inc.(b)
|
|
402,541
|
156,491,839
|
|
TE Connectivity PLC (China)
|
|
918,867
|
189,001,753
|
|
Teledyne Technologies, Inc.(b)
|
|
308,260
|
202,086,008
|
|
Teradyne, Inc.
|
|
533,440
|
196,140,554
|
|
Texas Instruments, Inc.
|
|
657,441
|
181,282,781
|
|
Trimble, Inc.(b)(c)
|
|
3,663,871
|
207,301,821
|
|
Tyler Technologies, Inc.(b)(c)
|
|
612,329
|
189,577,058
|
|
VeriSign, Inc.
|
|
644,334
|
186,869,747
|
|
Western Digital Corp.
|
|
378,334
|
206,131,497
|
|
Workday, Inc., Class A(b)(c)
|
|
1,348,682
|
216,247,672
|
|
Zebra Technologies Corp., Class A(b)
|
|
855,087
|
251,241,662
|
|
|
|
|
13,406,210,678
|
|
Materials-5.02%
|
|||
|
Air Products and Chemicals, Inc.(c)
|
|
670,424
|
197,701,333
|
|
Albemarle Corp.(c)
|
|
1,259,085
|
148,118,759
|
|
Amcor PLC(c)
|
|
4,856,570
|
217,962,862
|
|
Avery Dennison Corp.
|
|
1,189,265
|
201,853,948
|
|
Ball Corp.
|
|
3,390,440
|
220,039,556
|
|
CF Industries Holdings, Inc.
|
|
1,696,762
|
212,417,635
|
|
Corteva, Inc.
|
|
2,491,407
|
196,098,645
|
|
CRH PLC
|
|
1,854,064
|
176,154,621
|
|
Dow, Inc.(c)
|
|
5,414,910
|
164,017,624
|
|
Ecolab, Inc.
|
|
721,322
|
200,260,627
|
|
Freeport-McMoRan, Inc.
|
|
2,985,860
|
187,004,412
|
|
International Flavors & Fragrances,
Inc.(c)
|
|
2,497,569
|
197,857,416
|
|
International Paper Co.
|
|
5,820,947
|
237,669,266
|
|
Linde PLC
|
|
364,449
|
174,345,113
|
|
LyondellBasell Industries N.V.,
Class A
|
|
2,845,489
|
176,647,957
|
|
Martin Marietta Materials, Inc.(c)
|
|
335,373
|
176,117,777
|
|
Mosaic Co. (The)
|
|
9,352,943
|
206,887,099
|
|
Newmont Corp.
|
|
1,998,005
|
187,233,049
|
|
Nucor Corp.
|
|
740,625
|
190,555,406
|
|
Packaging Corp. of America
|
|
855,676
|
210,359,388
|
|
PPG Industries, Inc.
|
|
1,642,344
|
181,511,859
|
|
Sherwin-Williams Co. (The)
|
|
610,192
|
207,983,943
|
|
Smurfit WestRock PLC(c)
|
|
4,759,356
|
218,787,595
|
|
Steel Dynamics, Inc.(c)
|
|
691,782
|
173,817,145
|
|
Vulcan Materials Co.
|
|
679,822
|
182,579,795
|
|
|
|
|
4,843,982,830
|
|
Real Estate-5.93%
|
|||
|
Alexandria Real Estate Equities,
Inc.(c)
|
|
3,543,702
|
182,323,468
|
|
American Tower Corp.
|
|
964,088
|
167,134,296
|
|
AvalonBay Communities, Inc.
|
|
993,466
|
184,397,224
|
|
BXP, Inc.(c)
|
|
2,831,941
|
198,575,703
|
|
Camden Property Trust
|
|
1,607,786
|
178,158,767
|
|
CBRE Group, Inc., Class A(b)
|
|
1,382,916
|
203,025,898
|
|
CoStar Group, Inc.(b)(c)
|
|
5,415,361
|
155,745,782
|
|
Crown Castle, Inc.
|
|
1,985,134
|
151,465,724
|
|
Digital Realty Trust, Inc.
|
|
1,025,575
|
193,341,399
|
|
Equinix, Inc.
|
|
178,551
|
181,993,463
|
|
|
Shares
|
Value
|
|
|
Real Estate-(continued)
|
|||
|
Equity Residential
|
|
2,742,742
|
$182,255,206
|
|
Essex Property Trust, Inc.(c)
|
|
651,735
|
185,183,983
|
|
Extra Space Storage, Inc.(c)
|
|
1,238,903
|
183,407,200
|
|
Federal Realty Investment Trust
|
|
1,501,061
|
186,266,660
|
|
Healthpeak Properties, Inc.
|
|
9,057,416
|
197,723,391
|
|
Host Hotels & Resorts, Inc.
|
|
7,742,667
|
194,573,222
|
|
Invitation Homes, Inc.
|
|
6,240,445
|
185,466,025
|
|
Iron Mountain, Inc.
|
|
1,503,842
|
183,949,953
|
|
Kimco Realty Corp.
|
|
7,303,988
|
186,105,614
|
|
Mid-America Apartment
Communities, Inc.
|
|
1,326,142
|
175,501,632
|
|
Prologis, Inc.
|
|
1,272,301
|
183,987,448
|
|
Public Storage(c)
|
|
572,371
|
185,545,507
|
|
Realty Income Corp.
|
|
2,984,533
|
190,622,123
|
|
Regency Centers Corp.
|
|
2,314,940
|
185,866,533
|
|
SBA Communications Corp., Class A
|
|
894,225
|
161,836,841
|
|
Simon Property Group, Inc.(c)
|
|
872,055
|
200,023,255
|
|
UDR, Inc.
|
|
4,714,998
|
179,924,324
|
|
Ventas, Inc.
|
|
2,198,414
|
205,573,693
|
|
VICI Properties, Inc.
|
|
6,525,892
|
171,957,254
|
|
Welltower, Inc.
|
|
877,329
|
205,681,011
|
|
Weyerhaeuser Co.(c)
|
|
7,672,905
|
192,052,812
|
|
|
|
|
5,719,665,411
|
|
Utilities-6.01%
|
|||
|
AES Corp. (The)
|
|
12,675,267
|
186,072,920
|
|
Alliant Energy Corp.
|
|
2,539,922
|
179,775,679
|
|
Ameren Corp.
|
|
1,704,545
|
186,835,177
|
|
American Electric Power Co., Inc.
|
|
1,442,254
|
184,392,174
|
|
American Water Works Co., Inc.
|
|
1,466,257
|
196,727,702
|
|
Atmos Energy Corp.
|
|
1,096,469
|
189,447,914
|
|
CenterPoint Energy, Inc.(c)
|
|
4,337,579
|
182,351,821
|
|
CMS Energy Corp.
|
|
2,523,456
|
181,663,597
|
|
Consolidated Edison, Inc.(c)
|
|
1,722,738
|
187,520,031
|
|
Constellation Energy Corp.
|
|
765,463
|
201,125,403
|
|
Dominion Energy, Inc.(c)
|
|
2,776,239
|
192,032,452
|
|
DTE Energy Co.
|
|
1,269,028
|
180,037,002
|
|
Duke Energy Corp.
|
|
1,482,695
|
185,974,434
|
|
Edison International
|
|
2,592,735
|
190,228,967
|
|
Entergy Corp.(c)
|
|
1,678,699
|
180,661,586
|
|
Evergy, Inc.(c)
|
|
2,237,998
|
185,776,214
|
|
Eversource Energy
|
|
2,679,735
|
191,842,229
|
|
Exelon Corp.
|
|
4,064,151
|
186,219,399
|
|
FirstEnergy Corp.
|
|
3,993,151
|
192,909,125
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
NextEra Energy, Inc.
|
|
2,177,594
|
$189,276,471
|
|
NiSource, Inc.
|
|
3,975,916
|
176,649,948
|
|
NRG Energy, Inc.
|
|
1,537,883
|
206,522,308
|
|
PG&E Corp.
|
|
11,088,253
|
192,713,837
|
|
Pinnacle West Capital Corp.(c)
|
|
1,798,556
|
181,636,170
|
|
PPL Corp.
|
|
5,210,729
|
183,469,768
|
|
Public Service Enterprise Group, Inc.
|
|
2,359,378
|
180,917,105
|
|
Sempra(c)
|
|
2,036,346
|
180,318,438
|
|
Southern Co. (The)
|
|
1,971,580
|
186,393,173
|
|
Vistra Corp.
|
|
1,338,140
|
198,298,967
|
|
WEC Energy Group, Inc.
|
|
1,625,916
|
177,907,729
|
|
Xcel Energy, Inc.
|
|
2,373,518
|
185,609,108
|
|
|
|
|
5,801,306,848
|
|
Total Common Stocks & Other Equity Interests
(Cost $89,674,214,942)
|
96,236,242,571
|
||
|
Money Market Funds-0.19%
|
|||
|
Invesco Government & Agency
Portfolio, Institutional Class,
3.64%(d)(f)
(Cost $177,321,173)
|
|
177,321,173
|
177,321,173
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.95%
(Cost $89,851,536,115)
|
96,413,563,744
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-4.23%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(f)(g)
|
|
1,107,202,779
|
1,107,202,779
|
|
Invesco Private Prime Fund,
3.82%(d)(f)(g)
|
|
2,975,700,535
|
2,975,998,105
|
|
Total Investments Purchased with Cash Collateral
from Securities on Loan
(Cost $4,083,182,887)
|
4,083,200,884
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.18%
(Cost $93,934,719,002)
|
100,496,764,628
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.18)%
|
(4,029,156,313
)
|
||
|
NET ASSETS-100.00%
|
$96,467,608,315
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$185,075,677
|
$35,492,925
|
$(44,407,093
)
|
$14,526,288
|
$9,236,138
|
$199,923,935
|
$1,502,348
|
|
|
Value
April 30, 2026
|
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
|
$157,627,306
|
$814,060,265
|
$(794,366,398
)
|
$-
|
$-
|
$177,321,173
|
$1,409,802
|
|
Investments
Purchased with
Cash Collateral
from Securities on
Loan:
|
|
|
|
|
|
|
|
|
Invesco Private
Government Fund
|
931,003,185
|
1,989,892,972
|
(1,813,693,378
)
|
-
|
-
|
1,107,202,779
|
9,614,820
*
|
|
Invesco Private
Prime Fund
|
2,500,713,063
|
4,398,164,677
|
(3,922,916,318
)
|
114,149
|
(77,466
)
|
2,975,998,105
|
26,287,339
*
|
|
Total
|
$3,774,419,231
|
$7,237,610,839
|
$(6,575,383,187
)
|
$14,640,437
|
$9,158,672
|
$4,460,445,992
|
$38,814,309
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
Open Futures Contracts
|
|||||
|
Long Futures Contracts
|
Number of
Contracts
|
Expiration
Month
|
Notional
Value
|
Value
|
Unrealized
Appreciation
|
|
Equity Risk
|
|
|
|
|
|
|
E-mini S&P 500 Equal Weight
|
1,160
|
September-2026
|
$202,594,000
|
$4,351,642
|
$4,351,642
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.89%
|
|||
|
Diversified Telecommunication Services-9.26%
|
|||
|
AT&T, Inc.
|
|
111,444
|
$2,591,073
|
|
Verizon Communications, Inc.
|
|
55,093
|
2,578,903
|
|
|
|
|
5,169,976
|
|
Entertainment-37.99%
|
|||
|
Electronic Arts, Inc.
|
|
12,729
|
2,671,308
|
|
Live Nation Entertainment, Inc.(b)
|
|
15,442
|
2,688,916
|
|
Netflix, Inc.(b)
|
|
31,544
|
2,262,020
|
|
Roku, Inc., Class A(b)
|
|
22,119
|
3,207,476
|
|
Take-Two Interactive Software, Inc.(b)
|
|
12,290
|
2,985,487
|
|
TKO Group Holdings, Inc.(c)
|
|
12,530
|
2,278,079
|
|
Walt Disney Co. (The)
|
|
26,231
|
2,523,160
|
|
Warner Bros. Discovery, Inc.(b)
|
|
98,613
|
2,593,522
|
|
|
|
|
21,209,968
|
|
Interactive Media & Services-9.17%
|
|||
|
Alphabet, Inc., Class A
|
|
4,034
|
1,436,629
|
|
Alphabet, Inc., Class C
|
|
3,252
|
1,159,826
|
|
Meta Platforms, Inc., Class A
|
|
4,530
|
2,521,896
|
|
|
|
|
5,118,351
|
|
Media-39.16%
|
|||
|
Charter Communications, Inc., Class A(b)(c)
|
|
18,772
|
2,721,565
|
|
Comcast Corp., Class A
|
|
107,911
|
2,585,548
|
|
EchoStar Corp., Class A(b)
|
|
22,445
|
1,887,400
|
|
Fox Corp., Class A(c)
|
|
23,400
|
1,362,582
|
|
Fox Corp., Class B
|
|
16,310
|
847,141
|
|
New York Times Co. (The), Class A(c)
|
|
35,433
|
2,653,577
|
|
News Corp., Class A
|
|
69,584
|
1,917,735
|
|
News Corp., Class B(c)
|
|
22,976
|
718,459
|
|
Omnicom Group, Inc.
|
|
34,964
|
2,751,667
|
|
Paramount Skydance Corp.(c)
|
|
250,884
|
1,997,037
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
134,091
|
2,419,002
|
|
|
|
|
21,861,713
|
|
|
Shares
|
Value
|
|
|
Wireless Telecommunication Services-4.31%
|
|||
|
T-Mobile US, Inc.
|
|
13,940
|
$2,407,577
|
|
Total Common Stocks & Other Equity Interests
(Cost $62,404,513)
|
55,767,585
|
||
|
|
|||
|
Money Market Funds-0.01%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $6,473)
|
|
6,473
|
6,473
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral from
securities on loan)-99.90%
(Cost $62,410,986)
|
55,774,058
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-14.07%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
2,182,161
|
2,182,161
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
5,670,494
|
5,671,061
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $7,853,140)
|
7,853,222
|
||
|
TOTAL INVESTMENTS IN SECURITIES-113.97%
(Cost $70,264,126)
|
63,627,280
|
||
|
OTHER ASSETS LESS LIABILITIES-(13.97)%
|
(7,801,024
)
|
||
|
NET ASSETS-100.00%
|
$55,826,256
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$17,852
|
$261,947
|
$(273,326
)
|
$-
|
$-
|
$6,473
|
$134
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
2,654,905
|
17,857,111
|
(18,329,855
)
|
-
|
-
|
2,182,161
|
19,362
*
|
|
Invesco Private Prime Fund
|
6,902,130
|
37,508,480
|
(38,739,693
)
|
324
|
(180
)
|
5,671,061
|
53,487
*
|
|
Total
|
$9,574,887
|
$55,627,538
|
$(57,342,874
)
|
$324
|
$(180
)
|
$7,859,695
|
$72,983
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-100.01%
|
|||
|
Automobile Components-1.76%
|
|||
|
Aptiv PLC(b)
|
|
102,454
|
$5,785,577
|
|
Automobiles-6.01%
|
|||
|
Ford Motor Co.
|
|
467,133
|
6,857,513
|
|
General Motors Co.
|
|
84,126
|
7,475,436
|
|
Tesla, Inc.(b)
|
|
17,502
|
5,446,797
|
|
|
|
|
19,779,746
|
|
Broadline Retail-4.49%
|
|||
|
Amazon.com, Inc.(b)
|
|
28,061
|
7,620,806
|
|
eBay, Inc.
|
|
62,770
|
7,156,408
|
|
|
|
|
14,777,214
|
|
Distributors-2.57%
|
|||
|
Genuine Parts Co.
|
|
67,862
|
8,439,997
|
|
Hotels, Restaurants & Leisure-39.48%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
51,737
|
7,839,190
|
|
Booking Holdings, Inc.
|
|
41,585
|
8,021,747
|
|
Carnival Corp. Ltd.
|
|
257,021
|
7,147,754
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
219,587
|
8,173,028
|
|
Darden Restaurants, Inc.
|
|
32,807
|
6,678,849
|
|
Domino’s Pizza, Inc.
|
|
21,226
|
7,374,761
|
|
DoorDash, Inc., Class A(b)
|
|
44,232
|
8,676,549
|
|
Expedia Group, Inc.
|
|
30,514
|
8,993,696
|
|
Hilton Worldwide Holdings, Inc.
|
|
19,748
|
6,329,037
|
|
Las Vegas Sands Corp.
|
|
131,468
|
6,427,471
|
|
Marriott International, Inc., Class A
|
|
17,296
|
6,448,468
|
|
McDonald’s Corp.
|
|
23,646
|
6,399,553
|
|
MGM Resorts International(b)
|
|
142,400
|
6,346,768
|
|
Norwegian Cruise Line Holdings Ltd.(b)(c)
|
|
372,768
|
6,907,391
|
|
Royal Caribbean Cruises Ltd.
|
|
24,858
|
7,912,301
|
|
Starbucks Corp.
|
|
67,640
|
7,119,110
|
|
Wynn Resorts Ltd.
|
|
63,466
|
6,302,809
|
|
Yum! Brands, Inc.
|
|
44,210
|
6,776,509
|
|
|
|
|
129,874,991
|
|
Household Durables-10.57%
|
|||
|
D.R. Horton, Inc.
|
|
45,536
|
6,514,380
|
|
Garmin Ltd.
|
|
28,830
|
8,469,678
|
|
Lennar Corp., Class A
|
|
74,340
|
6,121,899
|
|
NVR, Inc.(b)
|
|
1,061
|
6,522,020
|
|
PulteGroup, Inc.
|
|
56,371
|
7,129,240
|
|
|
|
|
34,757,217
|
|
Leisure Products-2.32%
|
|||
|
Hasbro, Inc.
|
|
81,173
|
7,625,392
|
|
|
Shares
|
Value
|
|
|
Specialty Retail-22.84%
|
|||
|
AutoZone, Inc.(b)
|
|
2,151
|
$6,487,954
|
|
Best Buy Co., Inc.
|
|
88,318
|
7,618,311
|
|
Carvana Co.(b)
|
|
99,336
|
6,194,593
|
|
Home Depot, Inc. (The)
|
|
20,943
|
6,952,238
|
|
Lowe’s Cos., Inc.
|
|
30,893
|
6,419,874
|
|
O’Reilly Automotive, Inc., Class R(b)
|
|
73,850
|
6,598,498
|
|
Ross Stores, Inc.
|
|
28,806
|
7,232,322
|
|
TJX Cos., Inc. (The)
|
|
39,844
|
6,269,055
|
|
Tractor Supply Co.
|
|
217,094
|
6,679,982
|
|
Ulta Beauty, Inc.(b)
|
|
14,196
|
7,280,135
|
|
Williams-Sonoma, Inc.
|
|
32,282
|
7,381,602
|
|
|
|
|
75,114,564
|
|
Textiles, Apparel & Luxury Goods-9.97%
|
|||
|
Deckers Outdoor Corp.(b)
|
|
60,085
|
5,821,035
|
|
lululemon Athletica, Inc.(b)
|
|
56,167
|
6,676,571
|
|
NIKE, Inc., Class B
|
|
151,950
|
6,337,835
|
|
Ralph Lauren Corp.
|
|
17,750
|
6,751,035
|
|
Tapestry, Inc.
|
|
47,404
|
7,222,947
|
|
|
|
|
32,809,423
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.01%
(Cost $331,273,347)
|
328,964,121
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-0.43%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
391,618
|
391,618
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
1,018,558
|
1,018,660
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $1,410,362)
|
1,410,278
|
||
|
TOTAL INVESTMENTS IN SECURITIES-100.44%
(Cost $332,683,709)
|
330,374,399
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.44)%
|
(1,457,597
)
|
||
|
NET ASSETS-100.00%
|
$328,916,802
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$35,493
|
$807,252
|
$(842,745
)
|
$-
|
$-
|
$-
|
$1,231
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
-
|
25,421,329
|
(25,029,711
)
|
-
|
-
|
391,618
|
17,004
*
|
|
Invesco Private Prime Fund
|
-
|
45,621,319
|
(44,601,337
)
|
(84
)
|
(1,238
)
|
1,018,660
|
39,860
*
|
|
Total
|
$35,493
|
$71,849,900
|
$(70,473,793
)
|
$(84
)
|
$(1,238
)
|
$1,410,278
|
$58,095
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.92%
|
|||
|
Beverages-20.54%
|
|||
|
Brown-Forman Corp., Class B(b)
|
|
270,367
|
$7,767,644
|
|
Coca-Cola Co. (The)
|
|
85,811
|
7,516,185
|
|
Constellation Brands, Inc., Class A
|
|
50,417
|
6,565,806
|
|
Keurig Dr Pepper, Inc.
|
|
226,272
|
7,041,585
|
|
Molson Coors Beverage Co., Class B(b)
|
|
175,376
|
7,288,627
|
|
Monster Beverage Corp.(c)
|
|
78,642
|
7,579,516
|
|
PepsiCo, Inc.
|
|
49,702
|
6,936,411
|
|
|
|
|
50,695,774
|
|
Consumer Staples Distribution & Retail-24.00%
|
|||
|
Casey’s General Stores, Inc.
|
|
7,833
|
6,822,543
|
|
Costco Wholesale Corp.
|
|
7,295
|
6,944,038
|
|
Dollar General Corp.
|
|
65,229
|
8,287,344
|
|
Dollar Tree, Inc.(c)
|
|
65,020
|
8,271,194
|
|
Kroger Co. (The)
|
|
111,276
|
6,425,076
|
|
Sysco Corp.
|
|
91,328
|
7,784,799
|
|
Target Corp.
|
|
56,047
|
8,098,231
|
|
Walmart, Inc.
|
|
59,483
|
6,614,510
|
|
|
|
|
59,247,735
|
|
Food Products-29.07%
|
|||
|
Archer-Daniels-Midland Co.
|
|
88,250
|
6,995,577
|
|
Bunge Global S.A.
|
|
55,946
|
5,943,143
|
|
General Mills, Inc.
|
|
212,089
|
7,582,182
|
|
Hershey Co. (The)
|
|
40,613
|
7,109,306
|
|
Hormel Foods Corp.
|
|
295,301
|
7,385,478
|
|
J.M. Smucker Co. (The)
|
|
61,278
|
7,308,014
|
|
Kraft Heinz Co. (The)
|
|
298,246
|
7,709,659
|
|
McCormick & Co., Inc.
|
|
144,354
|
7,347,619
|
|
Mondelez International, Inc., Class A
|
|
111,760
|
6,963,766
|
|
Tyson Foods, Inc., Class A
|
|
127,788
|
7,406,592
|
|
|
|
|
71,751,336
|
|
|
Shares
|
Value
|
|
|
Household Products-14.61%
|
|||
|
Church & Dwight Co., Inc.
|
|
73,052
|
$7,218,268
|
|
Clorox Co. (The)
|
|
72,221
|
6,899,272
|
|
Colgate-Palmolive Co.
|
|
79,741
|
7,280,353
|
|
Kimberly-Clark Corp.
|
|
70,614
|
7,718,817
|
|
Procter & Gamble Co. (The)
|
|
48,124
|
6,953,437
|
|
|
|
|
36,070,147
|
|
Personal Care Products-5.95%
|
|||
|
Estee Lauder Cos., Inc. (The), Class A
|
|
84,001
|
7,047,684
|
|
Kenvue, Inc.
|
|
397,366
|
7,645,322
|
|
|
|
|
14,693,006
|
|
Tobacco-5.75%
|
|||
|
Altria Group, Inc.
|
|
98,081
|
6,701,874
|
|
Philip Morris International, Inc. (Switzerland)
|
|
39,207
|
7,481,480
|
|
|
|
|
14,183,354
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.92%
(Cost $273,292,141)
|
246,641,352
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-0.27%
|
|||
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
(Cost $674,881)
|
|
674,816
|
674,883
|
|
TOTAL INVESTMENTS IN SECURITIES-100.19%
(Cost $273,967,022)
|
247,316,235
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.19)%
|
(471,643
)
|
||
|
NET ASSETS-100.00%
|
$246,844,592
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(c)
|
Non-income producing security.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$-
|
$1,959,846
|
$(1,959,846
)
|
$-
|
$-
|
$-
|
$875
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
1,451,653
|
18,014,147
|
(19,465,800
)
|
-
|
-
|
-
|
20,847
*
|
|
Invesco Private Prime Fund
|
3,728,152
|
41,593,667
|
(44,645,628
)
|
2
|
(1,310
)
|
674,883
|
55,523
*
|
|
Total
|
$5,179,805
|
$61,567,660
|
$(66,071,274
)
|
$2
|
$(1,310
)
|
$674,883
|
$77,245
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.90%
|
|||
|
Energy Equipment & Services-16.36%
|
|||
|
Baker Hughes Co., Class A
|
|
403,666
|
$24,417,756
|
|
Halliburton Co.
|
|
640,298
|
20,649,611
|
|
SLB Ltd.
|
|
458,278
|
22,726,006
|
|
TechnipFMC PLC (United Kingdom)
|
|
363,109
|
26,020,391
|
|
|
|
|
93,813,764
|
|
Oil, Gas & Consumable Fuels-83.54%
|
|||
|
APA Corp.
|
|
669,448
|
24,983,799
|
|
Chevron Corp.
|
|
134,031
|
26,381,322
|
|
ConocoPhillips
|
|
212,133
|
25,557,784
|
|
Devon Energy Corp.
|
|
545,902
|
24,636,557
|
|
Diamondback Energy, Inc.
|
|
129,428
|
26,267,413
|
|
EOG Resources, Inc.
|
|
181,345
|
26,964,188
|
|
EQT Corp.
|
|
483,540
|
25,767,847
|
|
Expand Energy Corp.
|
|
287,252
|
27,010,306
|
|
ExxonMobil Holdings Corp.
|
|
168,895
|
26,253,039
|
|
Kinder Morgan, Inc.
|
|
798,964
|
25,710,661
|
|
Marathon Petroleum Corp.
|
|
96,623
|
30,578,281
|
|
Occidental Petroleum Corp.
|
|
445,517
|
25,425,655
|
|
ONEOK, Inc.
|
|
280,877
|
25,506,440
|
|
Phillips 66
|
|
139,990
|
29,633,083
|
|
Targa Resources Corp.
|
|
93,199
|
25,198,214
|
|
Texas Pacific Land Corp.(b)
|
|
67,805
|
27,296,937
|
|
Valero Energy Corp.
|
|
98,605
|
30,853,504
|
|
Williams Cos., Inc. (The)
|
|
351,509
|
25,146,954
|
|
|
|
|
479,171,984
|
|
Total Common Stocks & Other Equity Interests
(Cost $468,508,660)
|
572,985,748
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Money Market Funds-0.06%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
(Cost $359,332)
|
|
359,332
|
$359,332
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.96%
(Cost $468,867,992)
|
573,345,080
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-4.30%
|
|||
|
Invesco Private Government Fund,
3.69%(c)(d)(e)
|
|
6,849,324
|
6,849,324
|
|
Invesco Private Prime Fund, 3.82%(c)(d)(e)
|
|
17,792,534
|
17,794,313
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $24,643,572)
|
24,643,637
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.26%
(Cost $493,511,564)
|
597,988,717
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.26)%
|
(24,428,064
)
|
||
|
NET ASSETS-100.00%
|
$573,560,653
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$130,270
|
$3,012,910
|
$(2,783,848
)
|
$-
|
$-
|
$359,332
|
$1,399
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
1,911,940
|
29,221,078
|
(24,283,694
)
|
-
|
-
|
6,849,324
|
16,940
*
|
|
Invesco Private Prime Fund
|
4,967,628
|
75,211,311
|
(62,384,441
)
|
65
|
(250
)
|
17,794,313
|
45,658
*
|
|
Total
|
$7,009,838
|
$107,445,299
|
$(89,451,983
)
|
$65
|
$(250
)
|
$25,002,969
|
$63,997
|
|
*
|
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.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.96%
|
|||
|
Banks-16.75%
|
|||
|
Bank of America Corp.
|
|
67,116
|
$4,157,836
|
|
Citigroup, Inc.
|
|
27,444
|
3,634,958
|
|
Citizens Financial Group, Inc.
|
|
56,350
|
4,037,477
|
|
Fifth Third Bancorp
|
|
69,525
|
3,928,162
|
|
Huntington Bancshares, Inc.
|
|
217,371
|
3,704,002
|
|
JPMorgan Chase & Co.
|
|
11,840
|
4,165,194
|
|
KeyCorp
|
|
166,539
|
3,762,116
|
|
M&T Bank Corp.
|
|
16,347
|
4,026,103
|
|
PNC Financial Services Group, Inc. (The)
|
|
15,734
|
3,931,455
|
|
Regions Financial Corp.
|
|
128,080
|
3,964,076
|
|
Truist Financial Corp.
|
|
73,563
|
3,813,506
|
|
U.S. Bancorp
|
|
64,434
|
4,059,986
|
|
Wells Fargo & Co.
|
|
44,656
|
3,860,511
|
|
|
|
|
51,045,382
|
|
Capital Markets-33.22%
|
|||
|
Ameriprise Financial, Inc.
|
|
8,123
|
4,433,858
|
|
Ares Management Corp., Class A
|
|
28,528
|
3,654,151
|
|
Bank of New York Mellon Corp. (The)
|
|
26,193
|
4,094,752
|
|
BlackRock, Inc.
|
|
3,621
|
3,948,302
|
|
Blackstone, Inc., Class A
|
|
30,895
|
3,946,836
|
|
Cboe Global Markets, Inc.
|
|
12,157
|
3,771,466
|
|
Charles Schwab Corp. (The)
|
|
41,005
|
4,315,366
|
|
CME Group, Inc., Class A
|
|
13,876
|
3,715,854
|
|
Coinbase Global, Inc., Class A(b)
|
|
23,774
|
3,477,185
|
|
FactSet Research Systems, Inc.(c)
|
|
14,696
|
3,867,987
|
|
Franklin Resources, Inc.
|
|
117,550
|
3,980,243
|
|
Goldman Sachs Group, Inc. (The)
|
|
3,655
|
3,722,179
|
|
Interactive Brokers Group, Inc., Class A
|
|
42,853
|
3,770,635
|
|
Intercontinental Exchange, Inc.
|
|
26,083
|
3,977,136
|
|
Invesco Ltd.(d)
|
|
133,303
|
3,945,769
|
|
KKR & Co., Inc., Class A
|
|
38,523
|
3,907,388
|
|
Moody’s Corp.
|
|
8,121
|
3,884,924
|
|
Morgan Stanley
|
|
17,712
|
3,726,959
|
|
MSCI, Inc.
|
|
6,015
|
3,442,024
|
|
Nasdaq, Inc.
|
|
42,210
|
3,975,760
|
|
Northern Trust Corp.
|
|
22,033
|
4,014,192
|
|
Raymond James Financial, Inc.
|
|
24,307
|
4,277,546
|
|
Robinhood Markets, Inc., Class A(b)
|
|
42,387
|
3,669,019
|
|
S&P Global, Inc.
|
|
8,977
|
3,697,896
|
|
State Street Corp.
|
|
22,623
|
4,166,252
|
|
T. Rowe Price Group, Inc.
|
|
34,393
|
3,843,418
|
|
|
|
|
101,227,097
|
|
Consumer Finance-4.01%
|
|||
|
American Express Co.
|
|
11,682
|
3,928,073
|
|
Capital One Financial Corp.
|
|
20,607
|
4,307,069
|
|
Synchrony Financial
|
|
52,624
|
3,988,373
|
|
|
|
|
12,223,515
|
|
Financial Services-15.33%
|
|||
|
Apollo Global Management, Inc.
|
|
27,912
|
3,505,468
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
7,568
|
3,871,335
|
|
Block, Inc., Class A(b)
|
|
54,938
|
4,463,163
|
|
Corpay, Inc.(b)
|
|
10,489
|
4,007,952
|
|
Fidelity National Information Services, Inc.
|
|
93,932
|
4,205,336
|
|
Fiserv, Inc.(b)
|
|
68,703
|
3,705,840
|
|
Global Payments, Inc.(c)
|
|
58,596
|
4,926,752
|
|
Jack Henry & Associates, Inc.
|
|
28,689
|
4,419,253
|
|
|
Shares
|
Value
|
|
|
Financial Services-(continued)
|
|||
|
Mastercard, Inc., Class A
|
|
7,484
|
$4,289,080
|
|
PayPal Holdings, Inc.
|
|
89,939
|
5,145,410
|
|
Visa, Inc., Class A
|
|
11,334
|
4,149,717
|
|
|
|
|
46,689,306
|
|
Insurance-30.65%
|
|||
|
Aflac, Inc.
|
|
31,256
|
3,984,515
|
|
Allstate Corp. (The)
|
|
16,390
|
4,328,271
|
|
American International Group, Inc.
|
|
48,845
|
3,838,240
|
|
Aon PLC, Class A
|
|
10,884
|
3,924,226
|
|
Arch Capital Group Ltd.(b)
|
|
40,089
|
4,030,147
|
|
Arthur J. Gallagher & Co.
|
|
16,627
|
4,147,106
|
|
Assurant, Inc.
|
|
14,224
|
3,971,199
|
|
Brown & Brown, Inc.
|
|
60,826
|
4,282,151
|
|
Chubb Ltd.
|
|
11,072
|
3,882,729
|
|
Cincinnati Financial Corp.
|
|
21,994
|
3,907,894
|
|
Erie Indemnity Co., Class A(c)
|
|
15,779
|
3,819,149
|
|
Everest Group Ltd.
|
|
10,876
|
4,069,255
|
|
Globe Life, Inc.
|
|
22,524
|
4,104,999
|
|
Hartford Insurance Group, Inc. (The)
|
|
28,318
|
4,018,607
|
|
Loews Corp.
|
|
33,878
|
3,930,187
|
|
Marsh & McLennan Cos., Inc.
|
|
21,899
|
4,154,021
|
|
MetLife, Inc.
|
|
42,499
|
4,085,429
|
|
Principal Financial Group, Inc.
|
|
33,518
|
3,810,997
|
|
Progressive Corp. (The)
|
|
17,926
|
3,789,915
|
|
Prudential Financial, Inc.
|
|
34,805
|
4,248,994
|
|
Travelers Cos., Inc. (The)
|
|
12,066
|
4,517,028
|
|
W.R. Berkley Corp.
|
|
53,713
|
3,896,341
|
|
Willis Towers Watson PLC
|
|
13,870
|
4,659,211
|
|
|
|
|
93,400,611
|
|
Total Common Stocks & Other Equity Interests
(Cost $241,812,948)
|
304,585,911
|
||
|
|
|||
|
Money Market Funds-0.03%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $86,201)
|
|
86,201
|
86,201
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.99%
(Cost $241,899,149)
|
304,672,112
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-3.33%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
2,823,491
|
2,823,491
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
7,339,579
|
7,340,313
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $10,163,619)
|
10,163,804
|
||
|
TOTAL INVESTMENTS IN SECURITIES-103.32%
(Cost $252,062,768)
|
314,835,916
|
||
|
OTHER ASSETS LESS LIABILITIES-(3.32)%
|
(10,130,304
)
|
||
|
NET ASSETS-100.00%
|
$304,705,612
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Invesco Ltd.
|
$3,755,840
|
$275,015
|
$(557,501
)
|
$329,025
|
$143,390
|
$3,945,769
|
$30,682
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
219,500
|
823,590
|
(956,889
)
|
-
|
-
|
86,201
|
1,006
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
1,545,345
|
28,466,117
|
(27,187,971
)
|
-
|
-
|
2,823,491
|
20,651
*
|
|
Invesco Private Prime Fund
|
4,014,871
|
42,974,036
|
(39,648,369
)
|
185
|
(410
)
|
7,340,313
|
51,166
*
|
|
Total
|
$9,535,556
|
$72,538,758
|
$(68,350,730
)
|
$329,210
|
$142,980
|
$14,195,774
|
$103,505
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.90%
|
|||
|
Biotechnology-14.02%
|
|||
|
AbbVie, Inc.
|
|
52,782
|
$13,245,115
|
|
Amgen, Inc.
|
|
35,158
|
13,541,455
|
|
Biogen, Inc.(b)
|
|
61,162
|
12,412,828
|
|
Gilead Sciences, Inc.
|
|
97,666
|
12,717,090
|
|
Incyte Corp.(b)
|
|
112,625
|
13,460,940
|
|
Moderna, Inc.(b)(c)
|
|
258,109
|
14,149,535
|
|
Regeneron Pharmaceuticals, Inc.
|
|
19,739
|
15,053,554
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
27,186
|
12,970,441
|
|
|
|
|
107,550,958
|
|
Capital Markets-0.00%
|
|||
|
TPG, Inc.(b)(d)
|
|
162,788
|
0
|
|
Health Care Equipment & Supplies-29.71%
|
|||
|
Abbott Laboratories
|
|
133,066
|
14,065,076
|
|
Align Technology, Inc.(b)
|
|
69,694
|
11,789,437
|
|
Baxter International, Inc.(c)
|
|
584,473
|
15,289,814
|
|
Becton, Dickinson and Co.
|
|
80,253
|
13,291,502
|
|
Boston Scientific Corp.(b)
|
|
245,510
|
11,472,682
|
|
Cooper Cos., Inc. (The)(b)
|
|
175,449
|
12,688,472
|
|
Dexcom, Inc.(b)
|
|
158,765
|
13,248,939
|
|
Edwards Lifesciences Corp.(b)
|
|
138,129
|
11,888,763
|
|
GE HealthCare Technologies, Inc.
|
|
186,109
|
12,659,134
|
|
IDEXX Laboratories, Inc.(b)
|
|
21,369
|
11,946,767
|
|
Insulet Corp.(b)
|
|
78,813
|
13,031,730
|
|
Intuitive Surgical, Inc.(b)
|
|
28,801
|
10,176,257
|
|
Medtronic PLC
|
|
147,910
|
12,630,035
|
|
ResMed, Inc.(c)
|
|
61,357
|
12,945,100
|
|
Solventum Corp.(b)
|
|
146,743
|
12,537,722
|
|
STERIS PLC
|
|
57,066
|
13,033,874
|
|
Stryker Corp.
|
|
38,366
|
12,495,806
|
|
Zimmer Biomet Holdings, Inc.
|
|
134,627
|
12,645,514
|
|
|
|
|
227,836,624
|
|
Health Care Providers & Services-24.75%
|
|||
|
Cardinal Health, Inc.
|
|
54,900
|
12,628,647
|
|
Cencora, Inc.
|
|
42,185
|
13,133,878
|
|
Centene Corp.(b)
|
|
181,614
|
11,300,023
|
|
Cigna Group (The)
|
|
40,098
|
11,189,347
|
|
CVS Health Corp.
|
|
121,120
|
12,648,562
|
|
DaVita, Inc.(b)
|
|
59,771
|
14,350,419
|
|
Elevance Health, Inc.
|
|
29,292
|
11,009,105
|
|
HCA Healthcare, Inc.
|
|
31,727
|
12,772,973
|
|
Henry Schein, Inc.(b)(c)
|
|
150,505
|
12,905,804
|
|
Humana, Inc.
|
|
32,609
|
11,865,111
|
|
Labcorp Holdings, Inc.
|
|
44,184
|
13,661,693
|
|
McKesson Corp.
|
|
15,050
|
12,885,659
|
|
Quest Diagnostics, Inc.(c)
|
|
58,185
|
13,557,687
|
|
UnitedHealth Group, Inc.
|
|
29,098
|
12,058,211
|
|
Universal Health Services, Inc., Class B
|
|
81,941
|
13,802,142
|
|
|
|
|
189,769,261
|
|
Health Care Technology-1.93%
|
|||
|
Veeva Systems, Inc., Class A(b)
|
|
72,510
|
14,776,088
|
|
|
Shares
|
Value
|
|
|
Life Sciences Tools & Services-18.03%
|
|||
|
Agilent Technologies, Inc.
|
|
90,207
|
$12,481,942
|
|
Bio-Techne Corp.
|
|
226,188
|
16,305,893
|
|
Charles River Laboratories International,
Inc.(b)
|
|
63,739
|
14,819,955
|
|
Danaher Corp.
|
|
64,594
|
12,594,538
|
|
IQVIA Holdings, Inc.(b)
|
|
65,238
|
15,332,235
|
|
Mettler-Toledo International, Inc.(b)
|
|
10,518
|
14,896,643
|
|
Revvity, Inc.
|
|
117,173
|
13,184,306
|
|
Thermo Fisher Scientific, Inc.
|
|
24,599
|
14,127,206
|
|
Waters Corp.(b)
|
|
32,715
|
12,343,697
|
|
West Pharmaceutical Services, Inc.
|
|
35,828
|
12,215,915
|
|
|
|
|
138,302,330
|
|
Pharmaceuticals-11.46%
|
|||
|
Bristol-Myers Squibb Co.
|
|
213,534
|
13,945,905
|
|
Eli Lilly and Co.
|
|
10,490
|
12,051,332
|
|
Johnson & Johnson
|
|
49,845
|
12,777,766
|
|
Merck & Co., Inc.
|
|
99,646
|
12,973,909
|
|
Pfizer, Inc.
|
|
463,658
|
11,596,086
|
|
Viatris, Inc.
|
|
752,689
|
13,217,219
|
|
Zoetis, Inc.
|
|
145,993
|
11,283,799
|
|
|
|
|
87,846,016
|
|
Total Common Stocks & Other Equity Interests
(Cost $645,186,472)
|
766,081,277
|
||
|
|
|||
|
Money Market Funds-0.04%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(e)(f)
(Cost $346,849)
|
|
346,849
|
346,849
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.94%
(Cost $645,533,321)
|
766,428,126
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-2.26%
|
|||
|
Invesco Private Government Fund,
3.69%(e)(f)(g)
|
|
4,553,498
|
4,553,498
|
|
Invesco Private Prime Fund, 3.82%(e)(f)(g)
|
|
12,754,803
|
12,756,078
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $17,308,806)
|
17,309,576
|
||
|
TOTAL INVESTMENTS IN SECURITIES-102.20%
(Cost $662,842,127)
|
783,737,702
|
||
|
OTHER ASSETS LESS LIABILITIES-(2.20)%
|
(16,871,674
)
|
||
|
NET ASSETS-100.00%
|
$766,866,028
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$237,797
|
$2,776,789
|
$(2,667,737
)
|
$-
|
$-
|
$346,849
|
$3,957
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
8,568,806
|
84,612,065
|
(88,627,373
)
|
-
|
-
|
4,553,498
|
96,617
*
|
|
Invesco Private Prime Fund
|
23,167,368
|
176,515,531
|
(186,925,178
)
|
880
|
(2,523
)
|
12,756,078
|
262,002
*
|
|
Total
|
$31,973,971
|
$263,904,385
|
$(278,220,288
)
|
$880
|
$(2,523
)
|
$17,656,425
|
$362,576
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(g)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.94%
|
|||
|
Aerospace & Defense-16.28%
|
|||
|
Axon Enterprise, Inc.(b)
|
|
28,540
|
$15,062,270
|
|
Boeing Co. (The)(b)
|
|
61,120
|
13,210,477
|
|
General Dynamics Corp.
|
|
37,453
|
14,360,229
|
|
General Electric Co.
|
|
40,081
|
14,431,966
|
|
Honeywell Aerospace, Inc.(b)
|
|
60,797
|
12,569,172
|
|
Howmet Aerospace, Inc.
|
|
51,201
|
14,451,994
|
|
Huntington Ingalls Industries, Inc.
|
|
44,182
|
14,423,214
|
|
L3Harris Technologies, Inc.
|
|
42,159
|
11,680,573
|
|
Lockheed Martin Corp.
|
|
24,331
|
14,178,647
|
|
Northrop Grumman Corp.
|
|
23,562
|
12,781,914
|
|
RTX Corp.
|
|
72,004
|
15,496,701
|
|
Textron, Inc.
|
|
139,867
|
11,925,060
|
|
TransDigm Group, Inc.
|
|
10,537
|
13,217,402
|
|
|
|
|
177,789,619
|
|
Air Freight & Logistics-4.43%
|
|||
|
C.H. Robinson Worldwide, Inc.
|
|
69,051
|
10,200,904
|
|
Expeditors International of Washington, Inc.
|
|
77,555
|
13,020,709
|
|
FedEx Corp.
|
|
40,013
|
12,299,996
|
|
United Parcel Service, Inc., Class B
|
|
123,708
|
12,892,848
|
|
|
|
|
48,414,457
|
|
Building Products-9.32%
|
|||
|
A.O. Smith Corp.
|
|
223,245
|
13,423,722
|
|
Allegion PLC
|
|
98,756
|
15,544,194
|
|
Builders FirstSource, Inc.(b)
|
|
171,188
|
11,373,731
|
|
Carrier Global Corp.
|
|
187,937
|
11,616,386
|
|
Johnson Controls International PLC
|
|
91,663
|
13,443,296
|
|
Lennox International, Inc.
|
|
25,305
|
10,523,843
|
|
Masco Corp.
|
|
180,247
|
12,884,056
|
|
Trane Technologies PLC
|
|
28,443
|
12,940,143
|
|
|
|
|
101,749,371
|
|
Commercial Services & Supplies-7.02%
|
|||
|
Cintas Corp.
|
|
70,810
|
14,489,850
|
|
Copart, Inc.(b)
|
|
407,337
|
11,861,654
|
|
Republic Services, Inc.
|
|
60,088
|
12,651,528
|
|
Rollins, Inc.
|
|
267,409
|
10,153,520
|
|
Veralto Corp.
|
|
154,613
|
14,559,906
|
|
Waste Management, Inc.
|
|
56,956
|
12,903,382
|
|
|
|
|
76,619,840
|
|
Construction & Engineering-3.58%
|
|||
|
Comfort Systems USA, Inc.
|
|
7,429
|
12,849,867
|
|
EMCOR Group, Inc.
|
|
16,447
|
13,115,331
|
|
Quanta Services, Inc.
|
|
19,625
|
13,096,940
|
|
|
|
|
39,062,138
|
|
Electrical Equipment-9.61%
|
|||
|
AMETEK, Inc.
|
|
57,598
|
13,922,013
|
|
Eaton Corp. PLC
|
|
34,023
|
14,126,350
|
|
Emerson Electric Co.
|
|
93,167
|
13,958,280
|
|
GE Vernova, Inc.
|
|
14,733
|
14,589,942
|
|
Generac Holdings, Inc.(b)
|
|
53,424
|
10,530,405
|
|
Hubbell, Inc.
|
|
27,319
|
12,909,593
|
|
Rockwell Automation, Inc.
|
|
29,027
|
13,935,282
|
|
Vertiv Holdings Co., Class A
|
|
45,463
|
10,982,497
|
|
|
|
|
104,954,362
|
|
Ground Transportation-8.14%
|
|||
|
CSX Corp.
|
|
275,245
|
13,872,348
|
|
FedEx Freight Holding Co., Inc.(b)
|
|
72,849
|
10,237,470
|
|
J.B. Hunt Transport Services, Inc.
|
|
45,500
|
12,364,625
|
|
Norfolk Southern Corp.
|
|
41,349
|
13,871,763
|
|
|
Shares
|
Value
|
|
|
Ground Transportation-(continued)
|
|||
|
Old Dominion Freight Line, Inc.
|
|
54,139
|
$11,485,047
|
|
Uber Technologies, Inc.(b)
|
|
186,184
|
13,099,906
|
|
Union Pacific Corp.
|
|
47,838
|
13,974,915
|
|
|
|
|
88,906,074
|
|
Industrial Conglomerates-3.86%
|
|||
|
3M Co.
|
|
81,442
|
14,356,596
|
|
DuPont de Nemours, Inc.
|
|
94,497
|
12,946,089
|
|
Honeywell International, Inc.
|
|
61,010
|
14,828,480
|
|
|
|
|
42,131,165
|
|
Machinery-21.28%
|
|||
|
Caterpillar, Inc.
|
|
14,920
|
12,156,965
|
|
Cummins, Inc.
|
|
20,260
|
12,848,892
|
|
Deere & Co.
|
|
22,808
|
13,517,617
|
|
Dover Corp.
|
|
59,759
|
12,227,886
|
|
Fortive Corp.
|
|
212,689
|
12,593,316
|
|
IDEX Corp.
|
|
59,553
|
13,723,989
|
|
Illinois Tool Works, Inc.
|
|
51,062
|
14,652,241
|
|
Ingersoll Rand, Inc.
|
|
181,244
|
15,112,125
|
|
Nordson Corp.
|
|
45,856
|
13,655,000
|
|
Otis Worldwide Corp.
|
|
183,378
|
13,194,047
|
|
PACCAR, Inc.
|
|
112,063
|
14,868,519
|
|
Parker-Hannifin Corp.
|
|
14,589
|
14,246,596
|
|
Pentair PLC
|
|
178,909
|
11,707,805
|
|
Snap-on, Inc.
|
|
33,754
|
13,852,979
|
|
Stanley Black & Decker, Inc.
|
|
164,891
|
15,595,391
|
|
Westinghouse Air Brake Technologies Corp.
|
|
49,798
|
14,484,246
|
|
Xylem, Inc.
|
|
119,240
|
13,947,503
|
|
|
|
|
232,385,117
|
|
Passenger Airlines-3.99%
|
|||
|
Delta Air Lines, Inc.
|
|
167,048
|
14,606,677
|
|
Southwest Airlines Co.
|
|
308,553
|
13,875,629
|
|
United Airlines Holdings, Inc.(b)
|
|
124,286
|
15,079,620
|
|
|
|
|
43,561,926
|
|
Professional Services-8.80%
|
|||
|
Automatic Data Processing, Inc.
|
|
55,275
|
14,728,576
|
|
Broadridge Financial Solutions, Inc.
|
|
87,231
|
13,429,212
|
|
Equifax, Inc.
|
|
76,925
|
13,278,794
|
|
Jacobs Solutions, Inc.
|
|
104,912
|
14,155,776
|
|
Leidos Holdings, Inc.
|
|
104,973
|
12,134,879
|
|
Paychex, Inc.
|
|
126,351
|
14,762,851
|
|
Verisk Analytics, Inc.
|
|
69,755
|
13,591,762
|
|
|
|
|
96,081,850
|
|
Trading Companies & Distributors-3.63%
|
|||
|
Fastenal Co.
|
|
277,517
|
13,240,336
|
|
United Rentals, Inc.
|
|
12,093
|
13,051,491
|
|
W.W. Grainger, Inc.
|
|
9,695
|
13,400,623
|
|
|
|
|
39,692,450
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,053,910,457)
|
1,091,348,369
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Money Market Funds-0.04%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
(Cost $468,255)
|
|
468,255
|
$468,255
|
|
TOTAL INVESTMENTS IN SECURITIES-99.98%
(Cost $1,054,378,712)
|
1,091,816,624
|
||
|
OTHER ASSETS LESS LIABILITIES-0.02%
|
173,641
|
||
|
NET ASSETS-100.00%
|
$1,091,990,265
|
||
|
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 three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$195,274
|
$4,198,624
|
$(3,925,643
)
|
$-
|
$-
|
$468,255
|
$4,094
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
1,771,531
|
50,186,683
|
(51,958,214
)
|
-
|
-
|
-
|
41,755
*
|
|
Invesco Private Prime Fund
|
4,559,981
|
123,745,528
|
(128,305,065
)
|
-
|
(444
)
|
-
|
114,759
*
|
|
Total
|
$6,526,786
|
$178,130,835
|
$(184,188,922
)
|
$-
|
$(444
)
|
$468,255
|
$160,608
|
|
*
|
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.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.97%
|
|||
|
Chemicals-46.72%
|
|||
|
Air Products and Chemicals, Inc.
|
|
24,580
|
$7,248,396
|
|
Albemarle Corp.
|
|
46,166
|
5,430,968
|
|
CF Industries Holdings, Inc.
|
|
62,205
|
7,787,444
|
|
Corteva, Inc.
|
|
91,278
|
7,184,491
|
|
Dow, Inc.
|
|
198,498
|
6,012,504
|
|
Ecolab, Inc.
|
|
26,447
|
7,342,481
|
|
International Flavors & Fragrances, Inc.
|
|
91,561
|
7,253,463
|
|
Linde PLC
|
|
13,349
|
6,385,895
|
|
LyondellBasell Industries N.V., Class A
|
|
104,322
|
6,476,310
|
|
Mosaic Co. (The)
|
|
342,914
|
7,585,258
|
|
PPG Industries, Inc.
|
|
60,162
|
6,649,104
|
|
Sherwin-Williams Co. (The)
|
|
22,364
|
7,622,769
|
|
|
|
|
82,979,083
|
|
Construction Materials-11.04%
|
|||
|
CRH PLC
|
|
67,980
|
6,458,780
|
|
Martin Marietta Materials, Inc.
|
|
12,293
|
6,455,546
|
|
Vulcan Materials Co.
|
|
24,925
|
6,694,107
|
|
|
|
|
19,608,433
|
|
Containers & Packaging-26.97%
|
|||
|
Amcor PLC(b)
|
|
178,061
|
7,991,378
|
|
Avery Dennison Corp.
|
|
43,548
|
7,391,402
|
|
Ball Corp.
|
|
124,207
|
8,061,034
|
|
International Paper Co.
|
|
213,393
|
8,712,836
|
|
Packaging Corp. of America
|
|
31,372
|
7,712,493
|
|
Smurfit WestRock PLC
|
|
174,494
|
8,021,489
|
|
|
|
|
47,890,632
|
|
Metals & Mining-15.24%
|
|||
|
Freeport-McMoRan, Inc.
|
|
109,480
|
6,856,732
|
|
Newmont Corp.
|
|
73,262
|
6,865,382
|
|
|
Shares
|
Value
|
|
|
Metals & Mining-(continued)
|
|||
|
Nucor Corp.
|
|
27,133
|
$6,981,050
|
|
Steel Dynamics, Inc.
|
|
25,328
|
6,363,913
|
|
|
|
|
27,067,077
|
|
Total Common Stocks & Other Equity Interests
(Cost $176,823,434)
|
177,545,225
|
||
|
|
|||
|
Money Market Funds-0.04%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
(Cost $66,757)
|
|
66,757
|
66,757
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.01%
(Cost $176,890,191)
|
177,611,982
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-4.33%
|
|||
|
Invesco Private Government Fund,
3.69%(c)(d)(e)
|
|
2,138,454
|
2,138,454
|
|
Invesco Private Prime Fund, 3.82%(c)(d)(e)
|
|
5,559,195
|
5,559,751
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $7,698,151)
|
7,698,205
|
||
|
TOTAL INVESTMENTS IN SECURITIES-104.34%
(Cost $184,588,342)
|
185,310,187
|
||
|
OTHER ASSETS LESS LIABILITIES-(4.34)%
|
(7,705,568
)
|
||
|
NET ASSETS-100.00%
|
$177,604,619
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$5,474
|
$1,405,385
|
$(1,344,102
)
|
$-
|
$-
|
$66,757
|
$1,421
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
1,665,600
|
10,694,378
|
(10,221,524
)
|
-
|
-
|
2,138,454
|
9,530
*
|
|
Invesco Private Prime Fund
|
4,377,484
|
26,357,156
|
(25,174,258
)
|
488
|
(1,119
)
|
5,559,751
|
27,466
*
|
|
Total
|
$6,048,558
|
$38,456,919
|
$(36,739,884
)
|
$488
|
$(1,119
)
|
$7,764,962
|
$38,417
|
|
*
|
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.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.85%
|
|||
|
Health Care REITs-13.81%
|
|||
|
Alexandria Real Estate Equities, Inc.
|
|
62,074
|
$3,193,707
|
|
Healthpeak Properties, Inc.
|
|
158,629
|
3,462,871
|
|
Ventas, Inc.
|
|
38,495
|
3,599,668
|
|
Welltower, Inc.
|
|
15,359
|
3,600,764
|
|
|
|
|
13,857,010
|
|
Hotel & Resort REITs-3.40%
|
|||
|
Host Hotels & Resorts, Inc.
|
|
135,579
|
3,407,100
|
|
Industrial REITs-3.21%
|
|||
|
Prologis, Inc.
|
|
22,278
|
3,221,622
|
|
Office REITs-3.47%
|
|||
|
BXP, Inc.
|
|
49,588
|
3,477,110
|
|
Real Estate Management & Development-6.27%
|
|||
|
CBRE Group, Inc., Class A(b)
|
|
24,226
|
3,556,619
|
|
CoStar Group, Inc.(b)
|
|
94,859
|
2,728,145
|
|
|
|
|
6,284,764
|
|
Residential REITs-22.19%
|
|||
|
AvalonBay Communities, Inc.
|
|
17,405
|
3,230,542
|
|
Camden Property Trust
|
|
28,157
|
3,120,077
|
|
Equity Residential
|
|
48,029
|
3,191,527
|
|
Essex Property Trust, Inc.
|
|
11,409
|
3,241,753
|
|
Invitation Homes, Inc.
|
|
109,295
|
3,248,248
|
|
Mid-America Apartment Communities, Inc.
|
|
23,226
|
3,073,729
|
|
UDR, Inc.
|
|
82,575
|
3,151,062
|
|
|
|
|
22,256,938
|
|
Retail REITs-16.56%
|
|||
|
Federal Realty Investment Trust
|
|
26,265
|
3,259,224
|
|
Kimco Realty Corp.
|
|
127,938
|
3,259,860
|
|
|
Shares
|
Value
|
|
|
Retail REITs-(continued)
|
|||
|
Realty Income Corp.
|
|
52,278
|
$3,338,996
|
|
Regency Centers Corp.
|
|
40,531
|
3,254,234
|
|
Simon Property Group, Inc.
|
|
15,261
|
3,500,415
|
|
|
|
|
16,612,729
|
|
Specialized REITs-30.94%
|
|||
|
American Tower Corp.
|
|
16,871
|
2,924,757
|
|
Crown Castle, Inc.
|
|
34,776
|
2,653,409
|
|
Digital Realty Trust, Inc.
|
|
17,965
|
3,386,762
|
|
Equinix, Inc.
|
|
3,121
|
3,181,173
|
|
Extra Space Storage, Inc.
|
|
21,706
|
3,213,356
|
|
Iron Mountain, Inc.
|
|
26,323
|
3,219,829
|
|
Public Storage
|
|
10,026
|
3,250,128
|
|
SBA Communications Corp., Class A
|
|
15,658
|
2,833,785
|
|
VICI Properties, Inc.
|
|
114,288
|
3,011,489
|
|
Weyerhaeuser Co.
|
|
134,396
|
3,363,932
|
|
|
|
|
31,038,620
|
|
Total Common Stocks & Other Equity Interests
(Cost $108,545,716)
|
100,155,893
|
||
|
|
|||
|
Money Market Funds-0.17%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
(Cost $169,150)
|
|
169,150
|
169,150
|
|
TOTAL INVESTMENTS IN SECURITIES-100.02%
(Cost $108,714,866)
|
100,325,043
|
||
|
OTHER ASSETS LESS LIABILITIES-(0.02)%
|
(16,396
)
|
||
|
NET ASSETS-100.00%
|
$100,308,647
|
||
|
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 three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
$158,703
|
$1,109,484
|
$(1,099,037
)
|
$-
|
$-
|
$169,150
|
$727
|
|
(d)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.94%
|
|||
|
Communications Equipment-8.24%
|
|||
|
Arista Networks, Inc.(b)
|
|
498,532
|
$89,910,246
|
|
Ciena Corp.(b)
|
|
174,062
|
65,630,077
|
|
Cisco Systems, Inc.
|
|
636,842
|
73,867,304
|
|
F5, Inc.(b)
|
|
193,606
|
77,939,967
|
|
Lumentum Holdings, Inc.(b)
|
|
88,671
|
63,305,774
|
|
Motorola Solutions, Inc.
|
|
183,791
|
80,086,928
|
|
|
|
|
450,740,296
|
|
Electronic Equipment, Instruments & Components-15.29%
|
|||
|
Amphenol Corp., Class A
|
|
507,019
|
81,477,953
|
|
CDW Corp.(c)
|
|
585,136
|
86,488,952
|
|
Coherent Corp.(b)
|
|
213,264
|
56,064,973
|
|
Corning, Inc.
|
|
449,891
|
62,197,431
|
|
Flex Ltd.(b)
|
|
542,387
|
61,696,521
|
|
Jabil, Inc.
|
|
214,720
|
67,647,536
|
|
Keysight Technologies, Inc.(b)
|
|
233,513
|
74,509,328
|
|
TE Connectivity PLC (China)
|
|
374,536
|
77,038,310
|
|
Teledyne Technologies, Inc.(b)
|
|
125,814
|
82,479,884
|
|
Trimble, Inc.(b)
|
|
1,495,203
|
84,598,586
|
|
Zebra Technologies Corp., Class A(b)
|
|
348,996
|
102,542,005
|
|
|
|
|
836,741,479
|
|
IT Services-9.35%
|
|||
|
Accenture PLC, Class A
|
|
443,738
|
73,625,009
|
|
Akamai Technologies, Inc.(b)(c)
|
|
582,110
|
67,047,430
|
|
Cognizant Technology Solutions Corp.,
Class A
|
|
1,460,281
|
80,826,553
|
|
Gartner, Inc.(b)(c)
|
|
488,396
|
73,757,564
|
|
GoDaddy, Inc., Class A(b)
|
|
942,417
|
77,975,583
|
|
International Business Machines Corp.
|
|
277,789
|
62,127,510
|
|
VeriSign, Inc.
|
|
262,617
|
76,164,182
|
|
|
|
|
511,523,831
|
|
Semiconductors & Semiconductor Equipment-25.11%
|
|||
|
Advanced Micro Devices, Inc.(b)
|
|
167,229
|
79,626,088
|
|
Analog Devices, Inc.
|
|
192,670
|
70,788,885
|
|
Applied Materials, Inc.
|
|
152,228
|
77,281,589
|
|
Broadcom, Inc.
|
|
203,319
|
79,148,020
|
|
First Solar, Inc.(b)(c)
|
|
303,522
|
64,052,248
|
|
Intel Corp.(b)
|
|
706,813
|
63,754,533
|
|
KLA Corp.
|
|
354,259
|
64,765,630
|
|
Lam Research Corp.
|
|
235,107
|
68,891,053
|
|
Marvell Technology, Inc.
|
|
299,525
|
56,178,909
|
|
Microchip Technology, Inc.
|
|
860,622
|
63,935,608
|
|
Micron Technology, Inc.
|
|
84,824
|
69,812,697
|
|
Monolithic Power Systems, Inc.
|
|
51,366
|
73,249,457
|
|
NVIDIA Corp.
|
|
377,498
|
75,782,724
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
264,940
|
60,713,651
|
|
ON Semiconductor Corp.(b)
|
|
686,735
|
56,044,443
|
|
Qnity Electronics, Inc.
|
|
541,418
|
71,023,213
|
|
QUALCOMM, Inc.
|
|
395,702
|
58,409,572
|
|
Skyworks Solutions, Inc.(c)
|
|
1,076,362
|
67,035,825
|
|
Teradyne, Inc.
|
|
217,662
|
80,032,141
|
|
Texas Instruments, Inc.
|
|
268,284
|
73,976,630
|
|
|
|
|
1,374,502,916
|
|
Software-29.10%
|
|||
|
Adobe, Inc.(b)
|
|
324,184
|
81,178,915
|
|
Autodesk, Inc.(b)
|
|
341,911
|
80,075,556
|
|
Cadence Design Systems, Inc.(b)
|
|
196,451
|
66,797,269
|
|
|
Shares
|
Value
|
|
|
Software-(continued)
|
|||
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
467,214
|
$89,172,464
|
|
Datadog, Inc., Class A(b)
|
|
332,374
|
89,066,261
|
|
Fair Isaac Corp.(b)(c)
|
|
62,009
|
69,634,247
|
|
Fortinet, Inc.(b)
|
|
544,765
|
88,224,692
|
|
Gen Digital, Inc.(c)
|
|
3,072,998
|
84,353,795
|
|
Intuit, Inc.
|
|
266,187
|
84,133,726
|
|
Microsoft Corp.
|
|
190,400
|
88,482,688
|
|
Oracle Corp.
|
|
375,925
|
48,821,380
|
|
Palantir Technologies, Inc., Class A(b)
|
|
581,039
|
71,502,659
|
|
Palo Alto Networks, Inc.(b)
|
|
287,434
|
95,379,224
|
|
PTC, Inc.(b)
|
|
560,095
|
76,845,034
|
|
Roper Technologies, Inc.(c)
|
|
226,451
|
88,761,999
|
|
Salesforce, Inc.
|
|
442,649
|
81,456,269
|
|
ServiceNow, Inc.(b)
|
|
713,348
|
79,345,698
|
|
Synopsys, Inc.(b)
|
|
164,278
|
63,864,715
|
|
Tyler Technologies, Inc.(b)(c)
|
|
249,857
|
77,355,727
|
|
Workday, Inc., Class A(b)
|
|
550,358
|
88,244,402
|
|
|
|
|
1,592,696,720
|
|
Specialty Retail-1.52%
|
|||
|
Dell Technologies, Inc., Class C
|
|
204,579
|
82,930,189
|
|
Technology Hardware, Storage & Peripherals-11.33%
|
|||
|
Apple, Inc.
|
|
259,479
|
80,155,658
|
|
Hewlett Packard Enterprise Co.
|
|
1,663,169
|
79,665,795
|
|
HP, Inc.(c)
|
|
3,064,299
|
83,563,434
|
|
NetApp, Inc.
|
|
470,916
|
84,058,506
|
|
Sandisk Corp.(b)
|
|
46,041
|
55,931,988
|
|
Seagate Technology Holdings PLC
|
|
92,715
|
79,376,093
|
|
Super Micro Computer, Inc.(b)(c)
|
|
2,584,816
|
73,408,774
|
|
Western Digital Corp.
|
|
154,374
|
84,109,130
|
|
|
|
|
620,269,378
|
|
Total Common Stocks & Other Equity Interests
(Cost $4,361,246,147)
|
5,469,404,809
|
||
|
|
|||
|
Money Market Funds-0.06%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $3,328,094)
|
|
3,328,094
|
3,328,094
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.00%
(Cost $4,364,574,241)
|
5,472,732,903
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-6.31%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
96,168,171
|
96,168,171
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
249,130,826
|
249,155,739
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $345,316,865)
|
345,323,910
|
||
|
TOTAL INVESTMENTS IN SECURITIES-106.31%
(Cost $4,709,891,106)
|
5,818,056,813
|
||
|
OTHER ASSETS LESS LIABILITIES-(6.31)%
|
(345,274,946
)
|
||
|
NET ASSETS-100.00%
|
$5,472,781,867
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio,
Institutional Class
|
$3,027,202
|
$37,749,927
|
$(37,449,035
)
|
$-
|
$-
|
$3,328,094
|
$28,348
|
|
Investments Purchased
with Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
50,325,849
|
363,939,063
|
(318,096,741
)
|
-
|
-
|
96,168,171
|
490,248
*
|
|
Invesco Private Prime Fund
|
130,769,380
|
683,514,695
|
(565,136,168
)
|
7,045
|
787
|
249,155,739
|
1,438,821
*
|
|
Total
|
$184,122,431
|
$1,085,203,685
|
$(920,681,944
)
|
$7,045
|
$787
|
$348,652,004
|
$1,957,417
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.90%
|
|||
|
Electric Utilities-55.18%
|
|||
|
Alliant Energy Corp.
|
|
235,532
|
$16,670,955
|
|
American Electric Power Co., Inc.
|
|
133,773
|
17,102,878
|
|
Constellation Energy Corp.
|
|
70,961
|
18,645,003
|
|
Duke Energy Corp.
|
|
137,502
|
17,246,876
|
|
Edison International
|
|
240,470
|
17,643,284
|
|
Entergy Corp.(b)
|
|
155,629
|
16,748,793
|
|
Evergy, Inc.
|
|
207,579
|
17,231,133
|
|
Eversource Energy
|
|
248,537
|
17,792,764
|
|
Exelon Corp.
|
|
376,973
|
17,272,903
|
|
FirstEnergy Corp.
|
|
370,313
|
17,889,821
|
|
NextEra Energy, Inc.
|
|
201,996
|
17,557,492
|
|
NRG Energy, Inc.
|
|
142,513
|
19,138,071
|
|
PG&E Corp.
|
|
1,028,338
|
17,872,514
|
|
Pinnacle West Capital Corp.(b)
|
|
166,765
|
16,841,597
|
|
PPL Corp.
|
|
483,246
|
17,015,092
|
|
Southern Co. (The)
|
|
182,875
|
17,289,002
|
|
Xcel Energy, Inc.
|
|
220,146
|
17,215,417
|
|
|
|
|
297,173,595
|
|
Gas Utilities-3.26%
|
|||
|
Atmos Energy Corp.
|
|
101,578
|
17,550,647
|
|
Independent Power and Renewable Electricity Producers-6.62%
|
|||
|
AES Corp. (The)
|
|
1,175,241
|
17,252,538
|
|
Vistra Corp.
|
|
124,109
|
18,391,713
|
|
|
|
|
35,644,251
|
|
Multi-Utilities-31.45%
|
|||
|
Ameren Corp.
|
|
158,069
|
17,325,943
|
|
CenterPoint Energy, Inc.
|
|
402,286
|
16,912,104
|
|
CMS Energy Corp.
|
|
234,059
|
16,849,908
|
|
Consolidated Edison, Inc.
|
|
159,793
|
17,393,468
|
|
Dominion Energy, Inc.
|
|
257,506
|
17,811,690
|
|
DTE Energy Co.
|
|
117,705
|
16,698,808
|
|
NiSource, Inc.
|
|
368,728
|
16,382,585
|
|
Public Service Enterprise Group, Inc.
|
|
218,774
|
16,775,590
|
|
|
Shares
|
Value
|
|
|
Multi-Utilities-(continued)
|
|||
|
Sempra
|
|
188,884
|
$16,725,678
|
|
WEC Energy Group, Inc.
|
|
150,811
|
16,501,740
|
|
|
|
|
169,377,514
|
|
Water Utilities-3.39%
|
|||
|
American Water Works Co., Inc.
|
|
135,961
|
18,241,887
|
|
Total Common Stocks & Other Equity Interests
(Cost $490,008,648)
|
537,987,894
|
||
|
|
|||
|
Money Market Funds-0.05%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(d)
(Cost $289,852)
|
|
289,852
|
289,852
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.95%
(Cost $490,298,500)
|
538,277,746
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-2.94%
|
|||
|
Invesco Private Government Fund,
3.69%(c)(d)(e)
|
|
4,395,817
|
4,395,817
|
|
Invesco Private Prime Fund, 3.82%(c)(d)(e)
|
|
11,422,705
|
11,423,847
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $15,819,717)
|
15,819,664
|
||
|
TOTAL INVESTMENTS IN SECURITIES-102.89%
(Cost $506,118,217)
|
554,097,410
|
||
|
OTHER ASSETS LESS LIABILITIES-(2.89)%
|
(15,556,695
)
|
||
|
NET ASSETS-100.00%
|
$538,540,715
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(c)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments in Affiliated
Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government &
Agency Portfolio, Institutional
Class
|
$764,245
|
$3,120,528
|
$(3,594,921
)
|
$-
|
$-
|
$289,852
|
$5,056
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
$-
|
$53,330,950
|
$(48,935,133
)
|
$-
|
$-
|
$4,395,817
|
$105,394
*
|
|
Invesco Private Prime Fund
|
15,286,931
|
122,233,988
|
(126,096,276
)
|
(53
)
|
(743
)
|
11,423,847
|
292,298
*
|
|
Total
|
$16,051,176
|
$178,685,466
|
$(178,626,330
)
|
$(53
)
|
$(743
)
|
$16,109,516
|
$402,748
|
|
*
|
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.
|
|
(e)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.99%
|
|||
|
Consumer Discretionary-18.66%
|
|||
|
Abercrombie & Fitch Co., Class A(b)(c)
|
|
115,222
|
$11,469,198
|
|
Autoliv, Inc. (Sweden)(c)
|
|
48,400
|
5,961,428
|
|
Boyd Gaming Corp.
|
|
89,670
|
7,627,330
|
|
Chewy, Inc., Class A(b)
|
|
328,500
|
7,424,100
|
|
Choice Hotels International, Inc.(c)
|
|
68,774
|
7,667,613
|
|
Duolingo, Inc.(b)(c)
|
|
97,147
|
13,096,387
|
|
Gentex Corp.(c)
|
|
223,931
|
5,231,028
|
|
Graham Holdings Co., Class B
|
|
6,483
|
7,802,550
|
|
Grand Canyon Education, Inc.(b)
|
|
36,990
|
5,376,127
|
|
SharkNinja, Inc.(b)(c)
|
|
63,802
|
10,321,250
|
|
Texas Roadhouse, Inc.
|
|
37,994
|
7,805,487
|
|
|
|
|
89,782,498
|
|
Consumer Staples-1.44%
|
|||
|
Sprouts Farmers Market, Inc.(b)(c)
|
|
79,326
|
6,914,054
|
|
Energy-5.22%
|
|||
|
TechnipFMC PLC (United Kingdom)
|
|
148,060
|
10,609,980
|
|
Valaris Ltd.(b)
|
|
98,646
|
7,811,777
|
|
Weatherford International PLC
|
|
76,389
|
6,706,190
|
|
|
|
|
25,127,947
|
|
Financials-25.14%
|
|||
|
Bank OZK
|
|
113,777
|
5,836,760
|
|
Euronet Worldwide, Inc.(b)(c)
|
|
99,569
|
7,102,257
|
|
Evercore, Inc., Class A
|
|
16,236
|
5,204,612
|
|
Federated Hermes, Inc., Class B
|
|
107,393
|
6,439,284
|
|
Hamilton Lane, Inc., Class A(c)
|
|
95,799
|
8,517,489
|
|
Hanover Insurance Group, Inc. (The)
|
|
33,353
|
7,758,908
|
|
Houlihan Lokey, Inc.
|
|
41,954
|
5,264,807
|
|
Kinsale Capital Group, Inc.(c)
|
|
32,545
|
11,599,689
|
|
Morningstar, Inc.
|
|
39,143
|
7,537,768
|
|
Old Republic International Corp.
|
|
150,355
|
6,496,840
|
|
Primerica, Inc.
|
|
21,492
|
6,876,580
|
|
Reinsurance Group of America, Inc.
|
|
32,776
|
7,762,996
|
|
RenaissanceRe Holdings Ltd. (Bermuda)
|
|
36,120
|
11,557,678
|
|
Selective Insurance Group, Inc.
|
|
72,991
|
6,918,817
|
|
SLM Corp.
|
|
364,204
|
9,467,483
|
|
Voya Financial, Inc.
|
|
66,836
|
6,645,503
|
|
|
|
|
120,987,471
|
|
Health Care-18.86%
|
|||
|
Doximity, Inc., Class A(b)(c)
|
|
344,667
|
7,206,987
|
|
Encompass Health Corp.
|
|
57,036
|
6,334,989
|
|
Exelixis, Inc.(b)
|
|
172,947
|
9,171,379
|
|
Globus Medical, Inc., Class A(b)
|
|
118,993
|
9,375,458
|
|
Halozyme Therapeutics, Inc.(b)(c)
|
|
133,133
|
10,988,798
|
|
Lantheus Holdings, Inc.(b)(c)
|
|
100,019
|
9,965,893
|
|
Medpace Holdings, Inc.(b)
|
|
18,969
|
10,947,200
|
|
Neurocrine Biosciences, Inc.(b)
|
|
55,458
|
9,250,394
|
|
Tenet Healthcare Corp.(b)
|
|
40,770
|
10,387,381
|
|
United Therapeutics Corp.(b)
|
|
13,730
|
7,108,158
|
|
|
|
|
90,736,637
|
|
Industrials-13.73%
|
|||
|
AECOM
|
|
78,320
|
5,669,585
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Booz Allen Hamilton Holding Corp.
|
|
86,823
|
$6,053,300
|
|
Carpenter Technology Corp.
|
|
18,002
|
9,354,919
|
|
ExlService Holdings, Inc.(b)
|
|
228,950
|
7,768,274
|
|
KBR, Inc.
|
|
171,157
|
6,266,058
|
|
Oshkosh Corp.
|
|
50,584
|
7,203,667
|
|
Paylocity Holding Corp.(b)
|
|
77,472
|
10,683,001
|
|
Sterling Infrastructure, Inc.(b)
|
|
8,577
|
5,118,496
|
|
Tetra Tech, Inc.
|
|
239,227
|
7,932,767
|
|
|
|
|
66,050,067
|
|
Information Technology-13.58%
|
|||
|
AppFolio, Inc., Class A(b)(c)
|
|
58,685
|
10,574,450
|
|
DocuSign, Inc.(b)
|
|
150,974
|
8,277,904
|
|
Fabrinet (Thailand)(b)
|
|
11,480
|
4,998,507
|
|
InterDigital, Inc.(c)
|
|
41,480
|
12,644,141
|
|
Manhattan Associates, Inc.(b)
|
|
43,146
|
8,256,419
|
|
Pegasystems, Inc.
|
|
180,531
|
5,515,222
|
|
Qualys, Inc.(b)(c)
|
|
57,728
|
8,356,128
|
|
Rambus, Inc.(b)
|
|
73,785
|
6,716,649
|
|
|
|
|
65,339,420
|
|
Materials-3.36%
|
|||
|
Eagle Materials, Inc.(c)
|
|
28,705
|
5,882,802
|
|
Hecla Mining Co.
|
|
728,798
|
10,290,628
|
|
|
|
|
16,173,430
|
|
Total Common Stocks & Other Equity Interests
(Cost $450,594,289)
|
481,111,524
|
||
|
Money Market Funds-0.03%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $153,121)
|
|
153,121
|
153,121
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.02%
(Cost $450,747,410)
|
481,264,645
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-17.29%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
23,124,724
|
23,124,724
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
60,032,976
|
60,038,979
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $83,162,843)
|
83,163,703
|
||
|
TOTAL INVESTMENTS IN SECURITIES-117.31%
(Cost $533,910,253)
|
564,428,348
|
||
|
OTHER ASSETS LESS LIABILITIES-(17.31)%
|
(83,283,828
)
|
||
|
NET ASSETS-100.00%
|
$481,144,520
|
||
|
Notes to Schedule of Investments:
|
|
|
(a)
|
Industry and/or sector classifications used in this report are generally according
to the Global Industry Classification Standard, which was developed by and is
the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
All or a portion of this security was out on loan at July 31, 2026.
|
|
(d)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended July 31, 2026.
|
|
|
Value
April 30, 2026
|
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
|
$41,876
|
$1,052,880
|
$(941,635
)
|
$-
|
$-
|
$153,121
|
$1,164
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
23,626,216
|
67,484,989
|
(67,986,481
)
|
-
|
-
|
23,124,724
|
189,867
*
|
|
Invesco Private Prime Fund
|
43,867,732
|
151,893,822
|
(135,719,672
)
|
1,309
|
(4,212
)
|
60,038,979
|
514,101
*
|
|
Total
|
$67,535,824
|
$220,431,691
|
$(204,647,788
)
|
$1,309
|
$(4,212
)
|
$83,316,824
|
$705,132
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(f)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P 500® Equal Weight ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$96,236,242,571
|
$-
|
$0
|
$96,236,242,571
|
|
Money Market Funds
|
177,321,173
|
4,083,200,884
|
-
|
4,260,522,057
|
|
Total Investments in Securities
|
96,413,563,744
|
4,083,200,884
|
0
|
100,496,764,628
|
|
Other Investments - Assets*
|
|
|
|
|
|
Futures Contracts
|
4,351,642
|
-
|
-
|
4,351,642
|
|
Total Investments
|
$96,417,915,386
|
$4,083,200,884
|
$0
|
$100,501,116,270
|
|
Invesco S&P 500® Equal Weight Communication Services ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$55,767,585
|
$-
|
$-
|
$55,767,585
|
|
Money Market Funds
|
6,473
|
7,853,222
|
-
|
7,859,695
|
|
Total Investments
|
$55,774,058
|
$7,853,222
|
$-
|
$63,627,280
|
|
Invesco S&P 500® Equal Weight Consumer Discretionary ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$328,964,121
|
$-
|
$-
|
$328,964,121
|
|
Money Market Funds
|
-
|
1,410,278
|
-
|
1,410,278
|
|
Total Investments
|
$328,964,121
|
$1,410,278
|
$-
|
$330,374,399
|
|
Invesco S&P 500® Equal Weight Consumer Staples ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$246,641,352
|
$-
|
$-
|
$246,641,352
|
|
Money Market Funds
|
-
|
674,883
|
-
|
674,883
|
|
Total Investments
|
$246,641,352
|
$674,883
|
$-
|
$247,316,235
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco S&P 500® Equal Weight Energy ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$572,985,748
|
$-
|
$-
|
$572,985,748
|
|
Money Market Funds
|
359,332
|
24,643,637
|
-
|
25,002,969
|
|
Total Investments
|
$573,345,080
|
$24,643,637
|
$-
|
$597,988,717
|
|
Invesco S&P 500® Equal Weight Financials ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$304,585,911
|
$-
|
$-
|
$304,585,911
|
|
Money Market Funds
|
86,201
|
10,163,804
|
-
|
10,250,005
|
|
Total Investments
|
$304,672,112
|
$10,163,804
|
$-
|
$314,835,916
|
|
Invesco S&P 500® Equal Weight Health Care ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$766,081,277
|
$-
|
$0
|
$766,081,277
|
|
Money Market Funds
|
346,849
|
17,309,576
|
-
|
17,656,425
|
|
Total Investments
|
$766,428,126
|
$17,309,576
|
$0
|
$783,737,702
|
|
Invesco S&P 500® Equal Weight Materials ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$177,545,225
|
$-
|
$-
|
$177,545,225
|
|
Money Market Funds
|
66,757
|
7,698,205
|
-
|
7,764,962
|
|
Total Investments
|
$177,611,982
|
$7,698,205
|
$-
|
$185,310,187
|
|
Invesco S&P 500® Equal Weight Technology ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$5,469,404,809
|
$-
|
$-
|
$5,469,404,809
|
|
Money Market Funds
|
3,328,094
|
345,323,910
|
-
|
348,652,004
|
|
Total Investments
|
$5,472,732,903
|
$345,323,910
|
$-
|
$5,818,056,813
|
|
Invesco S&P 500® Equal Weight Utilities ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$537,987,894
|
$-
|
$-
|
$537,987,894
|
|
Money Market Funds
|
289,852
|
15,819,664
|
-
|
16,109,516
|
|
Total Investments
|
$538,277,746
|
$15,819,664
|
$-
|
$554,097,410
|
|
Invesco S&P MidCap 400® GARP ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$481,111,524
|
$-
|
$-
|
$481,111,524
|
|
Money Market Funds
|
153,121
|
83,163,703
|
-
|
83,316,824
|
|
Total Investments
|
$481,264,645
|
$83,163,703
|
$-
|
$564,428,348
|
|
*
|
Unrealized appreciation (depreciation).
|