|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.98%
|
|||
|
Aerospace & Defense-78.85%
|
|||
|
AAR Corp.(b)(c)
|
|
299,320
|
$41,916,773
|
|
AeroVironment, Inc.(b)(c)
|
|
415,009
|
61,989,894
|
|
Axon Enterprise, Inc.(b)
|
|
500,626
|
264,210,378
|
|
Boeing Co. (The)(b)
|
|
2,624,840
|
567,332,918
|
|
BWX Technologies, Inc.(c)
|
|
454,545
|
76,681,741
|
|
Cadre Holdings, Inc.
|
|
296,765
|
9,149,265
|
|
CAE, Inc. (Canada)(b)
|
|
2,441,146
|
63,030,390
|
|
Curtiss-Wright Corp.(c)
|
|
193,296
|
139,946,304
|
|
Ducommun, Inc.(b)(c)
|
|
107,687
|
19,278,127
|
|
Elbit Systems Ltd. (Israel)(c)
|
|
356,874
|
288,586,160
|
|
Firefly Aerospace, Inc.(b)(c)
|
|
688,767
|
14,002,633
|
|
General Dynamics Corp.
|
|
1,069,665
|
410,130,954
|
|
General Electric Co.
|
|
1,632,259
|
587,727,498
|
|
HawkEye 360, Inc.(b)(c)
|
|
724,548
|
15,360,418
|
|
HEICO Corp.(c)
|
|
381,292
|
135,877,217
|
|
Hexcel Corp.
|
|
570,488
|
58,731,740
|
|
Honeywell Aerospace, Inc.(b)
|
|
1,636,540
|
338,338,280
|
|
Howmet Aerospace, Inc.
|
|
1,310,034
|
369,770,197
|
|
Huntington Ingalls Industries, Inc.
|
|
291,705
|
95,227,097
|
|
Karman Holdings, Inc.(b)(c)
|
|
669,902
|
32,255,781
|
|
Kratos Defense & Security Solutions,
Inc.(b)
|
|
1,316,838
|
61,364,651
|
|
L3Harris Technologies, Inc.
|
|
1,142,179
|
316,452,114
|
|
Leonardo DRS, Inc.
|
|
1,777,594
|
81,858,204
|
|
Loar Holdings, Inc.(b)(c)
|
|
430,345
|
29,457,115
|
|
Lockheed Martin Corp.(c)
|
|
941,534
|
548,669,523
|
|
Mercury Systems, Inc.(b)(c)
|
|
459,197
|
44,588,029
|
|
Moog, Inc., Class A
|
|
164,918
|
64,293,282
|
|
Northrop Grumman Corp.
|
|
723,949
|
392,727,853
|
|
Redwire Corp.(b)(c)
|
|
1,898,371
|
16,363,958
|
|
Rocket Lab Corp.(b)(c)
|
|
1,994,230
|
129,525,238
|
|
RTX Corp.
|
|
3,187,837
|
686,086,279
|
|
StandardAero, Inc.(b)(c)
|
|
2,444,246
|
71,640,850
|
|
Textron, Inc.(c)
|
|
1,087,847
|
92,749,835
|
|
TransDigm Group, Inc.
|
|
203,339
|
255,064,375
|
|
V2X, Inc.(b)(c)
|
|
223,528
|
20,171,167
|
|
Voyager Technologies, Inc., Class A(b)(c)
|
|
354,754
|
8,702,116
|
|
Woodward, Inc.(c)
|
|
295,246
|
106,509,994
|
|
|
|
|
6,515,768,348
|
|
Communications Equipment-1.01%
|
|||
|
Ondas, Inc.(b)(c)
|
|
1,828,076
|
13,692,289
|
|
Viasat, Inc.(b)(c)
|
|
909,807
|
69,991,453
|
|
|
|
|
83,683,742
|
|
Diversified Telecommunication Services-0.17%
|
|||
|
Iridium Communications, Inc.
|
|
288,325
|
13,649,306
|
|
Electrical Equipment-2.15%
|
|||
|
Eaton Corp. PLC
|
|
427,634
|
177,553,637
|
|
Electronic Equipment, Instruments & Components-5.17%
|
|||
|
Amphenol Corp., Class A
|
|
1,295,541
|
208,193,439
|
|
Keysight Technologies, Inc.(b)
|
|
220,849
|
70,468,499
|
|
nLight, Inc.(b)(c)
|
|
285,088
|
19,614,054
|
|
OSI Systems, Inc.(b)(c)
|
|
92,609
|
20,502,706
|
|
|
Shares
|
Value
|
|
|
Electronic Equipment, Instruments & Components-(continued)
|
|||
|
Teledyne Technologies, Inc.(b)
|
|
104,914
|
$68,778,471
|
|
TTM Technologies, Inc.(b)
|
|
346,636
|
40,015,660
|
|
|
|
|
427,572,829
|
|
Machinery-3.97%
|
|||
|
Oshkosh Corp.
|
|
161,302
|
22,971,018
|
|
Parker-Hannifin Corp.
|
|
312,399
|
305,066,995
|
|
|
|
|
328,038,013
|
|
Metals & Mining-3.17%
|
|||
|
ATI, Inc.(b)(c)
|
|
687,723
|
128,906,799
|
|
Carpenter Technology Corp.
|
|
255,946
|
133,004,899
|
|
|
|
|
261,911,698
|
|
Professional Services-4.26%
|
|||
|
Amentum Holdings, Inc.(b)(c)
|
|
1,045,746
|
23,215,561
|
|
BlackSky Technology, Inc.(b)(c)
|
|
278,282
|
6,414,400
|
|
Booz Allen Hamilton Holding Corp.
|
|
745,382
|
51,968,033
|
|
CACI International, Inc., Class A(b)(c)
|
|
145,332
|
72,339,003
|
|
KBR, Inc.
|
|
661,086
|
24,202,359
|
|
Leidos Holdings, Inc.
|
|
720,609
|
83,302,401
|
|
Parsons Corp.(b)(c)
|
|
292,973
|
12,952,336
|
|
Planet Labs PBC(b)(c)
|
|
2,354,265
|
48,215,347
|
|
Science Applications International Corp.(c)
|
|
248,972
|
29,162,090
|
|
|
|
|
351,771,530
|
|
Software-1.23%
|
|||
|
Palantir Technologies, Inc., Class A(b)
|
|
822,791
|
101,252,660
|
|
Total Common Stocks & Other Equity Interests
(Cost $6,032,124,820)
|
8,261,201,763
|
||
|
|
|||
|
Money Market Funds-0.07%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $5,700,674)
|
|
5,700,674
|
5,700,674
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.05%
(Cost $6,037,825,494)
|
8,266,902,437
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-5.09%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
117,236,831
|
117,236,831
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
303,845,361
|
303,875,746
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $421,109,094)
|
421,112,577
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.14%
(Cost $6,458,934,588)
|
8,688,015,014
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.14)%
|
(425,000,084
)
|
||
|
NET ASSETS-100.00%
|
$8,263,014,930
|
||
|
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
|
$2,638,597
|
$14,918,088
|
$(11,856,011
)
|
$-
|
$-
|
$5,700,674
|
$38,717
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
152,082,041
|
293,148,897
|
(327,994,107
)
|
-
|
-
|
117,236,831
|
1,261,562
*
|
|
Invesco Private Prime Fund
|
394,774,396
|
499,849,092
|
(590,741,875
)
|
10,906
|
(16,773
)
|
303,875,746
|
3,411,274
*
|
|
Total
|
$549,495,034
|
$807,916,077
|
$(930,591,993
)
|
$10,906
|
$(16,773
)
|
$426,813,251
|
$4,711,553
|
|
*
|
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-99.95%
|
|||
|
Communication Services-1.60%
|
|||
|
Snap, Inc., Class A(b)
|
|
403,603
|
$1,892,898
|
|
Consumer Discretionary-22.12%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
16,734
|
2,535,536
|
|
Dick’s Sporting Goods, Inc.(c)
|
|
10,351
|
2,027,864
|
|
eBay, Inc.
|
|
19,067
|
2,173,829
|
|
Expedia Group, Inc.
|
|
10,424
|
3,072,370
|
|
Ford Motor Co.
|
|
171,577
|
2,518,750
|
|
Marriott International, Inc., Class A
|
|
6,135
|
2,287,312
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
165,204
|
2,514,405
|
|
Tesla, Inc.(b)
|
|
5,436
|
1,691,738
|
|
Tractor Supply Co.
|
|
71,576
|
2,202,393
|
|
Williams-Sonoma, Inc.
|
|
12,584
|
2,877,457
|
|
Yum! Brands, Inc.
|
|
14,853
|
2,276,668
|
|
|
|
|
26,178,322
|
|
Consumer Staples-19.56%
|
|||
|
Altria Group, Inc.
|
|
30,932
|
2,113,584
|
|
Archer-Daniels-Midland Co.
|
|
29,249
|
2,318,568
|
|
Church & Dwight Co., Inc.
|
|
23,598
|
2,331,718
|
|
Dollar General Corp.
|
|
21,683
|
2,754,825
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
29,006
|
2,433,604
|
|
Hershey Co. (The)
|
|
11,886
|
2,080,644
|
|
Kimberly-Clark Corp.
|
|
23,252
|
2,541,676
|
|
McCormick & Co., Inc.
|
|
48,571
|
2,472,264
|
|
PepsiCo, Inc.
|
|
15,194
|
2,120,475
|
|
Tyson Foods, Inc., Class A
|
|
34,099
|
1,976,378
|
|
|
|
|
23,143,736
|
|
Health Care-7.01%
|
|||
|
Bristol-Myers Squibb Co.
|
|
38,747
|
2,530,567
|
|
Incyte Corp.(b)
|
|
23,365
|
2,792,585
|
|
Mettler-Toledo International, Inc.(b)
|
|
2,095
|
2,967,148
|
|
|
|
|
8,290,300
|
|
Industrials-23.83%
|
|||
|
Allegion PLC
|
|
17,549
|
2,762,213
|
|
Bloom Energy Corp., Class A(b)
|
|
8,035
|
1,653,683
|
|
Cintas Corp.
|
|
13,237
|
2,708,687
|
|
Expeditors International of Washington, Inc.
|
|
14,318
|
2,403,849
|
|
General Dynamics Corp.
|
|
6,676
|
2,559,712
|
|
Lennox International, Inc.
|
|
4,598
|
1,912,216
|
|
Old Dominion Freight Line, Inc.
|
|
10,810
|
2,293,234
|
|
Otis Worldwide Corp.
|
|
31,826
|
2,289,881
|
|
PACCAR, Inc.
|
|
20,318
|
2,695,792
|
|
Verisk Analytics, Inc.
|
|
13,291
|
2,589,751
|
|
W.W. Grainger, Inc.
|
|
1,823
|
2,519,787
|
|
Watsco, Inc.(c)
|
|
5,868
|
1,814,973
|
|
|
|
|
28,203,778
|
|
Information Technology-12.00%
|
|||
|
Cognizant Technology Solutions Corp.,
Class A
|
|
44,215
|
2,447,300
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
F5, Inc.(b)
|
|
5,931
|
$2,387,643
|
|
Intel Corp.(b)
|
|
19,067
|
1,719,843
|
|
NetApp, Inc.
|
|
19,066
|
3,403,281
|
|
Texas Instruments, Inc.
|
|
7,440
|
2,051,506
|
|
Zoom Communications, Inc., Class A(b)
|
|
22,815
|
2,191,837
|
|
|
|
|
14,201,410
|
|
Materials-6.16%
|
|||
|
Dow, Inc.
|
|
62,538
|
1,894,276
|
|
International Paper Co.
|
|
73,454
|
2,999,127
|
|
PPG Industries, Inc.
|
|
21,729
|
2,401,489
|
|
|
|
|
7,294,892
|
|
Utilities-7.67%
|
|||
|
Dominion Energy, Inc.
|
|
33,490
|
2,316,503
|
|
Public Service Enterprise Group, Inc.
|
|
29,058
|
2,228,167
|
|
Southern Co. (The)
|
|
24,228
|
2,290,515
|
|
WEC Energy Group, Inc.
|
|
20,499
|
2,243,001
|
|
|
|
|
9,078,186
|
|
Total Common Stocks & Other Equity Interests
(Cost $111,835,969)
|
118,283,522
|
||
|
Money Market Funds-0.04%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $42,813)
|
|
42,813
|
42,813
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.99%
(Cost $111,878,782)
|
118,326,335
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-5.70%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
1,874,570
|
1,874,570
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
4,870,006
|
4,870,493
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $6,745,030)
|
6,745,063
|
||
|
TOTAL INVESTMENTS IN SECURITIES-105.69%
(Cost $118,623,812)
|
125,071,398
|
||
|
OTHER ASSETS LESS LIABILITIES-(5.69)%
|
(6,728,858
)
|
||
|
NET ASSETS-100.00%
|
$118,342,540
|
||
|
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
|
$-
|
$281,623
|
$(238,810
)
|
$-
|
$-
|
$42,813
|
$129
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
1,241,009
|
11,575,482
|
(10,941,921
)
|
-
|
-
|
1,874,570
|
10,708
*
|
|
Invesco Private Prime Fund
|
3,224,778
|
29,818,246
|
(28,172,728
)
|
68
|
129
|
4,870,493
|
28,904
*
|
|
Total
|
$4,465,787
|
$41,675,351
|
$(39,353,459
)
|
$68
|
$129
|
$6,787,876
|
$39,741
|
|
*
|
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-99.97%
|
|||
|
Communication Services-1.25%
|
|||
|
Alphabet, Inc., Class A
|
|
50,623
|
$18,028,369
|
|
Consumer Discretionary-1.77%
|
|||
|
BorgWarner, Inc.
|
|
125,113
|
7,974,703
|
|
Hilton Worldwide Holdings, Inc.
|
|
26,544
|
8,507,087
|
|
Marriott International, Inc., Class A
|
|
24,392
|
9,094,069
|
|
|
|
|
25,575,859
|
|
Consumer Staples-2.28%
|
|||
|
Casey’s General Stores, Inc.
|
|
14,105
|
12,285,455
|
|
Costco Wholesale Corp.
|
|
21,696
|
20,652,205
|
|
|
|
|
32,937,660
|
|
Energy-5.05%
|
|||
|
DT Midstream, Inc.(b)
|
|
62,359
|
8,605,542
|
|
HF Sinclair Corp.
|
|
126,931
|
11,610,378
|
|
Targa Resources Corp.
|
|
154,648
|
41,812,180
|
|
Valero Energy Corp.
|
|
34,712
|
10,861,385
|
|
|
|
|
72,889,485
|
|
Financials-6.06%
|
|||
|
Affiliated Managers Group, Inc.
|
|
23,890
|
8,761,180
|
|
Bank of New York Mellon Corp. (The)
|
|
61,610
|
9,631,491
|
|
East West Bancorp, Inc.
|
|
65,300
|
8,554,300
|
|
Goldman Sachs Group, Inc. (The)
|
|
9,839
|
10,019,841
|
|
Interactive Brokers Group, Inc., Class A
|
|
133,100
|
11,711,469
|
|
Morgan Stanley
|
|
37,014
|
7,788,486
|
|
Popular, Inc.
|
|
57,681
|
10,106,288
|
|
Robinhood Markets, Inc., Class A(c)
|
|
242,345
|
20,977,383
|
|
|
|
|
87,550,438
|
|
Health Care-8.75%
|
|||
|
Arrowhead Pharmaceuticals, Inc.(b)(c)
|
|
235,064
|
19,898,168
|
|
Axsome Therapeutics, Inc.(c)
|
|
42,338
|
9,229,261
|
|
Centene Corp.(c)
|
|
149,220
|
9,284,468
|
|
CVS Health Corp.
|
|
87,910
|
9,180,441
|
|
Exelixis, Inc.(c)
|
|
164,447
|
8,720,624
|
|
Guardant Health, Inc.(c)
|
|
152,018
|
24,625,396
|
|
Jazz Pharmaceuticals PLC(b)(c)
|
|
37,260
|
9,421,564
|
|
Moderna, Inc.(b)(c)
|
|
168,622
|
9,243,858
|
|
Revolution Medicines, Inc.(c)
|
|
81,749
|
15,330,390
|
|
Roivant Sciences Ltd.(c)
|
|
337,975
|
11,460,732
|
|
|
|
|
126,394,902
|
|
Industrials-30.15%
|
|||
|
AMETEK, Inc.
|
|
41,982
|
10,147,469
|
|
ATI, Inc.(c)
|
|
169,761
|
31,820,002
|
|
Carpenter Technology Corp.
|
|
64,096
|
33,308,127
|
|
Caterpillar, Inc.
|
|
16,058
|
13,084,219
|
|
Clean Harbors, Inc.(c)
|
|
38,676
|
12,100,947
|
|
Comfort Systems USA, Inc.
|
|
21,754
|
37,627,676
|
|
Cummins, Inc.
|
|
13,202
|
8,372,708
|
|
Curtiss-Wright Corp.
|
|
18,840
|
13,640,160
|
|
Dycom Industries, Inc.(c)
|
|
26,319
|
10,555,761
|
|
Eaton Corp. PLC
|
|
23,306
|
9,676,651
|
|
EMCOR Group, Inc.
|
|
24,451
|
19,497,961
|
|
Generac Holdings, Inc.(c)
|
|
32,045
|
6,316,390
|
|
HEICO Corp.(b)
|
|
24,754
|
8,821,336
|
|
Howmet Aerospace, Inc.
|
|
96,668
|
27,285,510
|
|
Johnson Controls International PLC
|
|
58,478
|
8,576,385
|
|
Modine Manufacturing Co.(b)(c)
|
|
38,597
|
7,760,313
|
|
Moog, Inc., Class A
|
|
31,969
|
12,463,115
|
|
Mueller Industries, Inc.
|
|
239,568
|
15,909,711
|
|
Quanta Services, Inc.
|
|
41,219
|
27,507,912
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
RBC Bearings, Inc.(c)
|
|
16,287
|
$8,979,186
|
|
Sterling Infrastructure, Inc.(c)
|
|
25,738
|
15,359,666
|
|
Trane Technologies PLC
|
|
51,382
|
23,376,241
|
|
United Rentals, Inc.
|
|
16,217
|
17,502,359
|
|
W.W. Grainger, Inc.
|
|
20,141
|
27,839,293
|
|
WESCO International, Inc.
|
|
23,972
|
8,234,142
|
|
Westinghouse Air Brake Technologies
Corp.
|
|
34,342
|
9,988,714
|
|
Woodward, Inc.
|
|
27,148
|
9,793,641
|
|
|
|
|
435,545,595
|
|
Information Technology-41.79%
|
|||
|
Advanced Energy Industries, Inc.
|
|
31,894
|
9,233,951
|
|
Advanced Micro Devices, Inc.(c)
|
|
30,708
|
14,621,614
|
|
Amkor Technology, Inc.
|
|
155,273
|
7,743,465
|
|
Amphenol Corp., Class A
|
|
271,908
|
43,695,616
|
|
Apple, Inc.
|
|
161,073
|
49,757,060
|
|
Applied Materials, Inc.
|
|
51,591
|
26,191,203
|
|
Arista Networks, Inc.(c)
|
|
126,581
|
22,828,883
|
|
Cisco Systems, Inc.
|
|
75,562
|
8,764,436
|
|
Cloudflare, Inc., Class A(c)
|
|
51,210
|
14,286,566
|
|
Coherent Corp.(c)
|
|
47,453
|
12,474,919
|
|
Corning, Inc.
|
|
70,843
|
9,794,045
|
|
Credo Technology Group Holding Ltd.(c)
|
|
39,653
|
8,207,774
|
|
CrowdStrike Holdings, Inc., Class A(c)
|
|
50,192
|
9,579,645
|
|
Datadog, Inc., Class A(c)
|
|
39,498
|
10,584,279
|
|
Dell Technologies, Inc., Class C
|
|
32,680
|
13,247,492
|
|
Entegris, Inc.
|
|
57,835
|
6,885,257
|
|
Fortinet, Inc.(c)
|
|
60,245
|
9,756,678
|
|
Intel Corp.(c)
|
|
144,358
|
13,021,092
|
|
Jabil, Inc.
|
|
58,053
|
18,289,598
|
|
Keysight Technologies, Inc.(c)
|
|
25,404
|
8,105,908
|
|
KLA Corp.
|
|
67,598
|
12,358,266
|
|
Lam Research Corp.
|
|
55,868
|
16,370,441
|
|
Lattice Semiconductor Corp.(c)
|
|
73,667
|
9,154,598
|
|
MACOM Technology Solutions Holdings,
Inc.(c)
|
|
90,578
|
22,774,932
|
|
Marvell Technology, Inc.
|
|
48,348
|
9,068,151
|
|
Microchip Technology, Inc.
|
|
90,057
|
6,690,335
|
|
Micron Technology, Inc.
|
|
30,463
|
25,071,963
|
|
MKS, Inc.
|
|
40,371
|
12,008,354
|
|
Monolithic Power Systems, Inc.
|
|
6,767
|
9,649,945
|
|
ON Semiconductor Corp.(c)
|
|
89,303
|
7,288,018
|
|
Onto Innovation, Inc.(c)
|
|
35,871
|
9,275,523
|
|
Palo Alto Networks, Inc.(c)
|
|
30,282
|
10,048,476
|
|
Qnity Electronics, Inc.
|
|
55,837
|
7,324,698
|
|
Sandisk Corp.(c)
|
|
23,321
|
28,331,050
|
|
Seagate Technology Holdings PLC
|
|
30,975
|
26,518,627
|
|
TD SYNNEX Corp.
|
|
32,461
|
8,300,278
|
|
Teradyne, Inc.
|
|
34,963
|
12,855,545
|
|
Texas Instruments, Inc.
|
|
27,762
|
7,655,094
|
|
TTM Technologies, Inc.(c)
|
|
140,078
|
16,170,604
|
|
Western Digital Corp.
|
|
54,361
|
29,618,047
|
|
|
|
|
603,602,426
|
|
Materials-1.72%
|
|||
|
Freeport-McMoRan, Inc.
|
|
119,423
|
7,479,462
|
|
Reliance, Inc.
|
|
23,266
|
9,448,323
|
|
Steel Dynamics, Inc.
|
|
31,694
|
7,963,434
|
|
|
|
|
24,891,219
|
|
Real Estate-0.67%
|
|||
|
Iron Mountain, Inc.
|
|
79,583
|
9,734,593
|
|
|
Shares
|
Value
|
|
|
Utilities-0.48%
|
|||
|
Talen Energy Corp.(c)
|
|
20,567
|
$6,871,435
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,285,874,389)
|
1,444,021,981
|
||
|
Money Market Funds-0.08%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $1,177,228)
|
|
1,177,228
|
1,177,228
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.05%
(Cost $1,287,051,617)
|
1,445,199,209
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.91%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
10,143,461
|
10,143,461
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
17,401,527
|
$17,403,267
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $27,545,767)
|
27,546,728
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.96%
(Cost $1,314,597,384)
|
1,472,745,937
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.96)%
|
(28,288,934
)
|
||
|
NET ASSETS-100.00%
|
$1,444,457,003
|
||
|
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
|
$1,796,015
|
$2,511,282
|
$(3,130,069
)
|
$-
|
$-
|
$1,177,228
|
$14,449
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
6,246,832
|
81,080,657
|
(77,184,028
)
|
-
|
-
|
10,143,461
|
127,769
*
|
|
Invesco Private Prime Fund
|
16,236,524
|
166,434,723
|
(165,263,695
)
|
1,093
|
(5,378
)
|
17,403,267
|
347,522
*
|
|
Total
|
$24,279,371
|
$250,026,662
|
$(245,577,792
)
|
$1,093
|
$(5,378
)
|
$28,723,956
|
$489,740
|
|
*
|
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-92.43%
|
|||
|
Capital Markets-68.35%
|
|||
|
3i Group PLC (United Kingdom)
|
|
376,947
|
$14,490,093
|
|
Alaris Equity Partners Income (Canada)
|
|
65,628
|
1,152,238
|
|
Ares Capital Corp.(b)
|
|
385,595
|
7,233,762
|
|
Blackstone Secured Lending Fund(b)
|
|
70,721
|
1,633,655
|
|
Blackstone, Inc., Class A
|
|
91,801
|
11,727,578
|
|
Blue Owl Capital Corp., BDC(b)
|
|
202,292
|
2,174,639
|
|
Blue Owl Capital, Inc.(b)
|
|
966,793
|
9,957,968
|
|
Blue Owl Technology Finance Corp.(b)
|
|
197,380
|
1,961,957
|
|
Bridgepoint Group PLC (United Kingdom)(b)(c)
|
|
1,000,004
|
4,315,503
|
|
Capital Southwest Corp., BDC(b)
|
|
23,801
|
561,466
|
|
Carlyle Group, Inc. (The)(b)
|
|
153,818
|
7,078,704
|
|
Chrysalis Investments Ltd. (Guernsey)(d)
|
|
547,815
|
546,615
|
|
CVC Capital Partners PLC (Luxembourg)(b)(c)
|
|
640,873
|
10,736,089
|
|
Deutsche Beteiligungs AG (Germany)
|
|
20,876
|
509,389
|
|
EQT AB (Sweden)(b)
|
|
339,561
|
11,511,935
|
|
Fairfax India Holdings Corp. (India)(c)(d)
|
|
91,976
|
1,701,556
|
|
FS KKR Capital Corp., BDC(b)
|
|
103,717
|
1,096,289
|
|
Georgia Capital PLC (Georgia)(d)
|
|
31,465
|
1,679,930
|
|
Gimv N.V. (Belgium)(b)
|
|
43,386
|
2,229,062
|
|
Gladstone Investment Corp.(b)
|
|
72,317
|
1,167,920
|
|
Golub Capital BDC, Inc.(b)
|
|
85,092
|
1,091,730
|
|
Hamilton Lane, Inc., Class A
|
|
41,563
|
3,695,366
|
|
Hercules Capital, Inc.
|
|
72,945
|
1,197,757
|
|
Integral Corp. (Japan)(b)
|
|
26,296
|
482,844
|
|
IP Group PLC (United Kingdom)(d)
|
|
1,257,819
|
1,064,809
|
|
JAFCO Group Co. Ltd. (Japan)(b)
|
|
80,755
|
1,132,328
|
|
KKR & Co., Inc., Class A
|
|
113,378
|
11,499,930
|
|
Main Street Capital Corp.(b)
|
|
43,029
|
2,341,208
|
|
Molten Ventures PLC (United Kingdom)(d)
|
|
298,451
|
2,458,618
|
|
Mutares SE & Co. KGaA (Germany)(b)
|
|
34,676
|
1,065,667
|
|
Neostellar Capital Corp.(b)
|
|
40,101
|
407,025
|
|
Oaktree Specialty Lending Corp.(b)
|
|
46,338
|
537,984
|
|
Onex Corp. (Canada)
|
|
78,302
|
5,991,330
|
|
Partners Group Holding AG (Switzerland)(b)
|
|
11,830
|
9,853,337
|
|
Patria Investments Ltd., Class A (Cayman
Islands)(b)
|
|
149,856
|
1,621,442
|
|
Ratos AB, Class B (Sweden)
|
|
462,688
|
1,745,718
|
|
Ridgepost Capital, Inc., Class A(b)
|
|
137,562
|
1,185,784
|
|
Seraphim Space Investment Trust PLC
(United Kingdom)(b)(d)
|
|
470,965
|
973,972
|
|
Sixth Street Specialty Lending, Inc.(b)
|
|
31,751
|
544,847
|
|
Stack Capital Group, Inc. (Canada)(b)(d)
|
|
26,606
|
329,623
|
|
StepStone Group, Inc., Class A(b)
|
|
86,865
|
3,809,899
|
|
TPG, Inc.
|
|
257,009
|
11,221,013
|
|
Trinity Capital, Inc., BDC(b)
|
|
33,021
|
579,519
|
|
Woori Technology Investment Co. Ltd. (South
Korea)(d)
|
|
159,368
|
482,350
|
|
|
|
|
158,780,448
|
|
Consumer Staples Distribution & Retail-1.80%
|
|||
|
Sonae SGPS S.A. (Portugal)
|
|
1,787,670
|
4,189,712
|
|
Diversified Consumer Services-2.29%
|
|||
|
Graham Holdings Co., Class B(b)
|
|
4,424
|
5,324,461
|
|
Electrical Equipment-2.53%
|
|||
|
Rosebank Industries PLC(b)(d)
|
|
1,297,364
|
5,876,751
|
|
Financial Services-14.85%
|
|||
|
Cannae Holdings, Inc.(b)
|
|
38,210
|
555,955
|
|
|
Shares
|
Value
|
|
|
Financial Services-(continued)
|
|||
|
Compass Diversified Holdings(d)
|
|
104,268
|
$1,051,021
|
|
Eurazeo SE (France)
|
|
88,635
|
4,862,660
|
|
HAL Trust (Netherlands)
|
|
57,131
|
10,857,649
|
|
Kinnevik AB, Class B (Sweden)(b)(d)
|
|
445,739
|
2,455,026
|
|
Sofina S.A. (Belgium)(b)
|
|
38,083
|
10,767,827
|
|
Wendel SE (France)(b)
|
|
40,762
|
3,944,196
|
|
|
|
|
34,494,334
|
|
Industrial Conglomerates-2.61%
|
|||
|
Brookfield Business Corp. (Canada)
|
|
168,956
|
5,007,798
|
|
Italmobiliare S.p.A. (Italy)(b)
|
|
35,063
|
1,053,788
|
|
|
|
|
6,061,586
|
|
Total Common Stocks & Other Equity Interests
(Cost $222,489,599)
|
214,727,292
|
||
|
|
|||
|
Closed-End Funds-7.38%
|
|||
|
Destiny Tech100, Inc.(b)(d)
|
|
26,476
|
606,036
|
|
Goldman Sachs BDC, Inc., BDC(b)
|
|
62,550
|
538,556
|
|
HBM Healthcare Investments AG
(Switzerland)
|
|
5,688
|
1,761,317
|
|
HgCapital Trust PLC (United Kingdom)(b)
|
|
765,927
|
4,024,949
|
|
NB Private Equity Partners Ltd. (Guernsey)
|
|
57,033
|
1,146,838
|
|
Oakley Capital Investments Ltd. (Bermuda)(d)
|
|
238,358
|
1,673,832
|
|
Pantheon International PLC (United
Kingdom)(d)
|
|
636,435
|
3,382,653
|
|
Partners Group Private Equity Ltd.
(Guernsey)
|
|
109,199
|
878,866
|
|
Schiehallion Fund Ltd. (The) (Guernsey)(c)(d)
|
|
1,284,170
|
2,520,379
|
|
Syncona Ltd. (United Kingdom)(d)
|
|
420,545
|
601,914
|
|
Total Closed-End Funds
(Cost $15,818,904)
|
17,135,340
|
||
|
|
|||
|
Money Market Funds-0.13%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(e)(f)
(Cost $311,211)
|
|
311,211
|
311,211
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.94%
(Cost $238,619,714)
|
232,173,843
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-32.33%
|
|||
|
Invesco Private Government Fund,
3.69%(e)(f)(g)
|
|
20,781,676
|
20,781,676
|
|
Invesco Private Prime Fund, 3.82%(e)(f)(g)
|
|
54,303,729
|
54,309,159
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $75,092,638)
|
75,090,835
|
||
|
TOTAL INVESTMENTS IN SECURITIES-132.27%
(Cost $313,712,352)
|
307,264,678
|
||
|
OTHER ASSETS LESS LIABILITIES-(32.27)%
|
(74,960,761
)
|
||
|
NET ASSETS-100.00%
|
$232,303,917
|
||
|
Investment Abbreviations:
|
|
|
BDC
|
-Business Development Company
|
|
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)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
July 31, 2026 was $19,273,527, which represented 8.30% of the Fund’s Net Assets.
|
|
(d)
|
Non-income producing security.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the 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
|
$-
|
$5,653,445
|
$(5,342,234
)
|
$-
|
$-
|
$311,211
|
$2,328
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
22,471,611
|
27,187,329
|
(28,877,264
)
|
-
|
-
|
20,781,676
|
195,805
*
|
|
Invesco Private Prime Fund
|
58,744,538
|
42,425,473
|
(46,859,977
)
|
4,264
|
(5,139
)
|
54,309,159
|
535,004
*
|
|
Total
|
$81,216,149
|
$75,266,247
|
$(81,079,475
)
|
$4,264
|
$(5,139
)
|
$75,402,046
|
$733,137
|
|
*
|
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.
|
|
This Fund has holdings greater than 10% of net assets in the following country:
|
|
|
United Kingdom
|
13.49%
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.93%
|
|||
|
Communication Services-20.70%
|
|||
|
Autohome, Inc., ADR(b)
|
|
41,794
|
$970,457
|
|
Baidu, Inc., ADR(b)(c)
|
|
56,784
|
6,309,270
|
|
Bilibili, Inc., ADR(b)(c)
|
|
72,824
|
1,390,938
|
|
Hello Group, Inc., ADR
|
|
107,377
|
643,188
|
|
HUYA, Inc., ADR
|
|
58,709
|
143,837
|
|
iQIYI, Inc., ADR(c)
|
|
324,606
|
412,250
|
|
NetEase, Inc., ADR
|
|
49,084
|
6,541,425
|
|
Sohu.com Ltd., ADR(c)
|
|
16,541
|
229,424
|
|
So-Young International, Inc., ADR(b)(c)
|
|
49,509
|
91,096
|
|
Tencent Music Entertainment Group, ADR
|
|
332,605
|
3,143,117
|
|
Weibo Corp., ADR(b)
|
|
49,486
|
403,311
|
|
Zhihu, Inc., ADR(c)
|
|
26,280
|
85,936
|
|
|
|
|
20,364,249
|
|
Consumer Discretionary-52.43%
|
|||
|
Alibaba Group Holding Ltd., ADR(b)
|
|
61,851
|
7,561,285
|
|
Atour Lifestyle Holdings Ltd., ADR
|
|
58,818
|
2,019,222
|
|
ATRenew, Inc., ADR
|
|
97,875
|
414,990
|
|
Baozun, Inc., ADR(c)
|
|
28,247
|
81,069
|
|
Chagee Holdings Ltd., ADR(b)
|
|
52,784
|
593,820
|
|
ECARX Holdings, Inc.(b)(c)
|
|
207,314
|
219,753
|
|
Gaotu Techedu, Inc., ADR(c)
|
|
93,892
|
170,883
|
|
H World Group Ltd., ADR
|
|
84,622
|
3,612,513
|
|
Hesai Group, ADR(b)(c)
|
|
6,267
|
105,912
|
|
JD.com, Inc., ADR
|
|
266,526
|
8,798,023
|
|
Li Auto, Inc., ADR(b)(c)
|
|
127,184
|
1,733,518
|
|
MINISO Group Holding Ltd., ADR(b)
|
|
17,735
|
230,555
|
|
New Oriental Education & Technology Group,
Inc., ADR
|
|
63,839
|
3,759,479
|
|
NIO, Inc., ADR(b)(c)
|
|
686,094
|
3,348,139
|
|
Niu Technologies, ADR(c)
|
|
32,745
|
84,810
|
|
TAL Education Group, ADR(c)
|
|
256,453
|
3,205,663
|
|
Uxin Ltd., ADR(c)
|
|
32,004
|
44,486
|
|
Vipshop Holdings Ltd., ADR
|
|
253,653
|
3,891,037
|
|
WeRide, Inc., ADR(b)(c)
|
|
145,503
|
846,827
|
|
XPeng, Inc., ADR(b)(c)
|
|
132,862
|
1,727,206
|
|
Youdao, Inc., ADR(b)(c)
|
|
23,378
|
392,750
|
|
Yum China Holdings, Inc.
|
|
181,085
|
8,724,675
|
|
|
|
|
51,566,615
|
|
Consumer Staples-1.28%
|
|||
|
DingDong (Cayman) Ltd., ADR(b)(c)
|
|
87,044
|
223,703
|
|
RLX Technology, Inc., ADR
|
|
435,602
|
879,916
|
|
Yatsen Holding Ltd., ADR(c)
|
|
44,554
|
152,820
|
|
|
|
|
1,256,439
|
|
Financials-6.66%
|
|||
|
FinVolution Group, ADR(b)
|
|
119,724
|
580,662
|
|
High Templar Tech Ltd., ADR(c)
|
|
123,884
|
302,277
|
|
LexinFintech Holdings Ltd., ADR
|
|
91,690
|
133,867
|
|
Lufax Holding Ltd., ADR(c)
|
|
172,973
|
269,838
|
|
Maase, Inc.(b)(c)
|
|
219,827
|
3,910,722
|
|
Noah Holdings Ltd., ADR
|
|
25,571
|
216,075
|
|
Qfin Holdings, Inc., ADR
|
|
74,268
|
1,030,840
|
|
Waterdrop, Inc., ADR
|
|
96,178
|
107,719
|
|
|
|
|
6,552,000
|
|
Health Care-0.57%
|
|||
|
Adagene, Inc., ADR(b)(c)
|
|
42,285
|
158,569
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
Burning Rock Biotech Ltd., ADR(c)
|
|
3,858
|
$33,950
|
|
Zai Lab Ltd., ADR(b)(c)
|
|
20,368
|
372,123
|
|
|
|
|
564,642
|
|
Industrials-10.66%
|
|||
|
BingEx Ltd., ADR(c)
|
|
25,150
|
55,833
|
|
EHang Holdings Ltd., ADR(b)(c)
|
|
33,580
|
172,265
|
|
Full Truck Alliance Co. Ltd., ADR
|
|
402,773
|
3,822,316
|
|
Julong Holding Ltd.(b)(c)
|
|
7,087
|
44,152
|
|
Kanzhun Ltd., ADR
|
|
238,515
|
3,883,024
|
|
ZKH Group Ltd., ADR(b)(c)
|
|
67,892
|
198,245
|
|
ZTO Express (Cayman), Inc., ADR
|
|
96,059
|
2,307,337
|
|
|
|
|
10,483,172
|
|
Information Technology-5.35%
|
|||
|
Agora, Inc., ADR(c)
|
|
45,378
|
181,512
|
|
Canadian Solar, Inc. (Canada)(b)(c)
|
|
41,952
|
632,636
|
|
Daqo New Energy Corp., ADR(c)
|
|
45,802
|
557,410
|
|
GDS Holdings Ltd., ADR(b)(c)
|
|
58,607
|
1,918,793
|
|
JinkoSolar Holding Co. Ltd., ADR
|
|
23,363
|
353,716
|
|
Kingsoft Cloud Holdings Ltd., ADR(b)(c)
|
|
13,679
|
152,521
|
|
Mmtec, Inc.(c)
|
|
61,606
|
250,120
|
|
Next Technology Holding, Inc.(b)(c)
|
|
66,922
|
32,792
|
|
Pony AI, Inc., ADR(b)(c)
|
|
12,374
|
97,383
|
|
Tuya, Inc., ADR
|
|
149,908
|
251,846
|
|
Vnet Group, Inc., ADR(b)(c)
|
|
90,465
|
648,634
|
|
Xunlei Ltd., ADR(b)(c)
|
|
33,796
|
180,471
|
|
|
|
|
5,257,834
|
|
Real Estate-2.28%
|
|||
|
KE Holdings, Inc., ADR
|
|
132,309
|
2,242,638
|
|
Total Common Stocks & Other Equity Interests
(Cost $138,567,500)
|
98,287,589
|
||
|
|
|||
|
Money Market Funds-0.25%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $242,791)
|
|
242,791
|
242,791
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.18%
(Cost $138,810,291)
|
98,530,380
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-20.91%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
7,081,876
|
7,081,876
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
13,480,837
|
13,482,185
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $20,563,534)
|
20,564,061
|
||
|
TOTAL INVESTMENTS IN SECURITIES-121.09%
(Cost $159,373,825)
|
119,094,441
|
||
|
OTHER ASSETS LESS LIABILITIES-(21.09)%
|
(20,744,035
)
|
||
|
NET ASSETS-100.00%
|
$98,350,406
|
||
|
Investment Abbreviations:
|
|
ADR-American Depositary Receipt
|
|
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
|
$437,937
|
$1,017,346
|
$(1,212,492
)
|
$-
|
$-
|
$242,791
|
$2,437
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
9,216,001
|
38,853,890
|
(40,988,015
)
|
-
|
-
|
7,081,876
|
61,744
*
|
|
Invesco Private Prime Fund
|
23,927,588
|
62,447,620
|
(72,893,303
)
|
752
|
(472
)
|
13,482,185
|
169,386
*
|
|
Total
|
$33,581,526
|
$102,318,856
|
$(115,093,810
)
|
$752
|
$(472
)
|
$20,806,852
|
$233,567
|
|
*
|
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-99.83%
|
|||
|
Automobiles-16.62%
|
|||
|
BYD Co. Ltd., A Shares (China)
|
|
64,257
|
$910,925
|
|
BYD Co. Ltd., H Shares (China)
|
|
579,279
|
6,925,894
|
|
Li Auto, Inc., A Shares (China)(b)(c)
|
|
239,926
|
1,634,218
|
|
Lucid Group, Inc.(b)(c)
|
|
34,184
|
252,278
|
|
NIO, Inc., A shares (China)(b)(c)
|
|
345,266
|
1,694,338
|
|
OLA Electric Mobility Ltd. (India)(b)
|
|
371,020
|
150,348
|
|
Polestar Automotive Holding UK PLC, ADR
(United Kingdom)(b)(c)
|
|
12,728
|
183,283
|
|
Rivian Automotive, Inc., Class A(b)(c)
|
|
183,461
|
2,792,277
|
|
Seres Group Co. Ltd., A Shares (China)
|
|
19,300
|
178,048
|
|
Tesla, Inc.(b)
|
|
17,182
|
5,347,210
|
|
XPeng, Inc. (China)(b)
|
|
246,754
|
1,600,684
|
|
Zhejiang Leapmotor Technology Co. Ltd., H
Shares (China)(b)(c)(d)
|
|
100,097
|
511,052
|
|
|
|
|
22,180,555
|
|
Building Products-4.19%
|
|||
|
Advanced Drainage Systems, Inc.
|
|
13,813
|
1,912,824
|
|
Inwido AB (Sweden)
|
|
10,040
|
180,727
|
|
Kingspan Group PLC (Ireland)
|
|
30,198
|
2,800,391
|
|
Recticel S.A. (Belgium)
|
|
7,863
|
112,094
|
|
Rockwool A/S, Class B (Denmark)
|
|
18,528
|
590,645
|
|
|
|
|
5,596,681
|
|
Chemicals-0.06%
|
|||
|
Finolex Industries Ltd. (India)
|
|
48,784
|
83,035
|
|
Commercial Services & Supplies-0.71%
|
|||
|
China Everbright Environment Group Ltd.
(China)
|
|
695,361
|
452,871
|
|
Dynagreen Environmental Protection Group
Co. Ltd., H Shares (China)(d)
|
|
73,986
|
52,623
|
|
Interface, Inc.(c)
|
|
11,214
|
384,192
|
|
Zhejiang Weiming Environment Protection
Co. Ltd., A Shares (China)
|
|
24,320
|
55,048
|
|
|
|
|
944,734
|
|
Construction & Engineering-0.55%
|
|||
|
China Conch Venture Holdings Ltd. (China)
|
|
281,910
|
316,686
|
|
Envision Greenwise Holdings Ltd. (Hong
Kong)(b)(c)(d)
|
|
269,000
|
164,625
|
|
Inox Green Energy Services Ltd. (India)(b)
|
|
21,852
|
38,892
|
|
Techno Electric & Engineering Co. Ltd.
(India)
|
|
9,783
|
100,411
|
|
Waaree Renewable Technologies Ltd.
(India)(b)
|
|
4,956
|
47,336
|
|
West Holdings Corp. (Japan)(c)
|
|
3,989
|
62,616
|
|
|
|
|
730,566
|
|
Diversified REITs-1.25%
|
|||
|
American Assets Trust, Inc.
|
|
9,656
|
227,785
|
|
Merlin Properties SOCIMI S.A. (Spain)
|
|
82,758
|
1,435,103
|
|
|
|
|
1,662,888
|
|
Electrical Equipment-15.31%
|
|||
|
Array Technologies, Inc.(b)(c)
|
|
30,078
|
157,007
|
|
Ballard Power Systems, Inc. (Canada)(b)
|
|
50,623
|
134,600
|
|
Contemporary Amperex Technology Co. Ltd.,
A Shares (China)
|
|
52,136
|
3,053,810
|
|
Contemporary Amperex Technology Co. Ltd.,
H Shares (China)(c)
|
|
34,493
|
2,730,909
|
|
CS Wind Corp. (South Korea)(b)
|
|
5,008
|
130,365
|
|
Energiekontor AG (Germany)
|
|
1,351
|
53,274
|
|
Energy Vault Holdings, Inc.(b)(c)
|
|
23,858
|
67,995
|
|
|
Shares
|
Value
|
|
|
Electrical Equipment-(continued)
|
|||
|
Goldwind Science & Technology Co. Ltd., A
Shares (China)
|
|
40,600
|
$110,264
|
|
Inox Renewable Solutions Ltd. (India)(b)(e)
|
|
2,666
|
286
|
|
Inox Wind Ltd. (India)(b)
|
|
153,923
|
125,859
|
|
Kempower OYJ (Finland)(b)(c)
|
|
4,122
|
48,781
|
|
LG Energy Solution Ltd. (South Korea)(b)
|
|
9,254
|
2,093,534
|
|
Nextpower, Inc., Class A(b)
|
|
28,536
|
2,564,530
|
|
Nordex SE (Germany)(b)
|
|
25,680
|
1,144,788
|
|
Olectra Greentech Ltd. (India)
|
|
7,310
|
101,383
|
|
PNE AG (Germany)(c)
|
|
5,208
|
63,477
|
|
REPT BATTERO Energy Co. Ltd., H Shares
(China)(b)
|
|
68,641
|
94,347
|
|
Shoals Technologies Group, Inc., Class A(b)(c)
|
|
33,009
|
288,499
|
|
Signify N.V.
|
|
23,655
|
403,414
|
|
Sungrow Power Supply Co. Ltd., A Shares
(China)
|
|
24,520
|
376,748
|
|
Sunrun, Inc.(b)(c)
|
|
45,030
|
441,744
|
|
Suzlon Energy Ltd. (India)(b)
|
|
2,033,838
|
1,021,988
|
|
T1 Energy, Inc. (Norway)(b)(c)
|
|
34,301
|
143,035
|
|
Vestas Wind Systems A/S (Denmark)
|
|
189,095
|
5,078,402
|
|
|
|
|
20,429,039
|
|
Electronic Equipment, Instruments & Components-0.58%
|
|||
|
Badger Meter, Inc.(c)
|
|
5,749
|
772,378
|
|
Food Products-2.05%
|
|||
|
Darling Ingredients, Inc.(b)
|
|
31,279
|
1,896,759
|
|
SalMar ASA (Norway)
|
|
13,396
|
729,809
|
|
SLC Agricola S.A. (Brazil)
|
|
39,463
|
103,927
|
|
|
|
|
2,730,495
|
|
Ground Transportation-1.35%
|
|||
|
Beijing-Shanghai High Speed Railway Co.
Ltd., A Shares (China)
|
|
579,200
|
439,911
|
|
BTS Group Holdings PCL, Wts., expiring
11/20/2026 (Thailand)(b)
|
|
1
|
0
|
|
Dubai Taxi Co. PJSC (United Arab Emirates)
|
|
123,700
|
71,681
|
|
MTR Corp. Ltd. (Hong Kong)(c)
|
|
306,540
|
1,293,477
|
|
|
|
|
1,805,069
|
|
Household Durables-2.40%
|
|||
|
Beazer Homes USA, Inc.(b)(c)
|
|
5,218
|
167,498
|
|
Bellway PLC (United Kingdom)
|
|
22,990
|
618,515
|
|
Berkeley Group Holdings PLC (The) (United
Kingdom)(b)
|
|
18,506
|
872,791
|
|
KB Home
|
|
11,717
|
644,084
|
|
Meritage Homes Corp.
|
|
12,812
|
899,402
|
|
|
|
|
3,202,290
|
|
Independent Power and Renewable Electricity Producers-6.59%
|
|||
|
ACEN Corp. (Philippines)
|
|
1,818,637
|
86,479
|
|
Acme Solar Holdings Ltd. (India)
|
|
36,374
|
138,218
|
|
Boralex, Inc., Class A (Canada)(c)
|
|
17,287
|
456,928
|
|
China Datang Corp. Renewable Power Co.
Ltd., H Shares (China)(c)
|
|
462,736
|
75,525
|
|
China Longyuan Power Group Corp. Ltd., H
Shares (China)
|
|
489,273
|
360,023
|
|
China Three Gorges Renewables (Group) Co.
Ltd., A Shares (China)
|
|
337,300
|
194,798
|
|
Clearway Energy, Inc., Class C(c)
|
|
23,270
|
738,357
|
|
Doral Group Renewable Energy Resources
Ltd. (Israel)(b)
|
|
16,132
|
362,865
|
|
EDP Renovaveis S.A. (Spain)(c)
|
|
62,879
|
973,491
|
|
Energix-Renewable Energies Ltd. (Israel)
|
|
57,055
|
412,686
|
|
|
Shares
|
Value
|
|
|
Independent Power and Renewable Electricity Producers-(continued)
|
|||
|
Enlight Renewable Energy Ltd. (Israel)(b)
|
|
27,435
|
$2,324,071
|
|
ERG S.p.A. (Italy)(c)
|
|
10,413
|
263,737
|
|
Grenergy Renovables S.A. (Spain)(b)
|
|
2,687
|
284,460
|
|
KPI Green Energy Ltd. (India)(d)
|
|
17,576
|
68,799
|
|
Margun Enerji Uretim Sanayi ve Ticaret A.S
(Turkey)(b)
|
|
119,692
|
92,946
|
|
Meshek Energy Renewable Energies Ltd.
(Israel)(b)
|
|
64,599
|
235,705
|
|
Ormat Technologies, Inc.
|
|
11,984
|
1,169,399
|
|
Solaria Energia y Medio Ambiente S.A.
(Spain)(b)
|
|
13,602
|
262,623
|
|
Voltalia S.A. (France)(b)(c)
|
|
6,350
|
51,148
|
|
Xinyi Energy Holdings Ltd. (China)(c)
|
|
402,913
|
46,194
|
|
XPLR Infrastructure L.P.(b)
|
|
16,625
|
197,838
|
|
|
|
|
8,796,290
|
|
Industrial REITs-2.75%
|
|||
|
CRE Logistics REIT, Inc. (Japan)(c)
|
|
114
|
100,758
|
|
GLP J-Reit (Japan)
|
|
851
|
772,766
|
|
Japan Logistics Fund, Inc. (Japan)(c)
|
|
540
|
334,602
|
|
LaSalle Logiport REIT (Japan)
|
|
325
|
310,657
|
|
Mitsubishi Estate Logistics REIT Investment
Corp. (Japan)
|
|
270
|
210,721
|
|
Nippon Prologis REIT, Inc. (Japan)
|
|
1,322
|
750,735
|
|
SOSiLA Logistics REIT, Inc. (Japan)
|
|
135
|
92,111
|
|
Tritax Big Box REIT PLC (United Kingdom)
|
|
480,726
|
1,103,606
|
|
|
|
|
3,675,956
|
|
IT Services-3.03%
|
|||
|
Applied Digital Corp.(b)(c)
|
|
50,674
|
1,387,961
|
|
GDS Holdings Ltd., A Shares (China)(b)
|
|
213,778
|
869,983
|
|
Kingsoft Cloud Holdings Ltd., H shares
(China)(b)
|
|
512,600
|
382,723
|
|
NEXTDC Ltd. (Australia)(b)(c)
|
|
149,883
|
1,407,136
|
|
|
|
|
4,047,803
|
|
Machinery-1.26%
|
|||
|
Alstom S.A. (France)(b)
|
|
68,290
|
1,262,285
|
|
Energy Recovery, Inc.(b)
|
|
10,079
|
87,183
|
|
Stadler Rail AG (Switzerland)(c)
|
|
10,886
|
330,321
|
|
|
|
|
1,679,789
|
|
Metals & Mining-0.59%
|
|||
|
Century Iron and Steel Industrial Co. Ltd.
(Taiwan)
|
|
34,000
|
109,162
|
|
Sigma Lithium Corp. (Brazil)(b)
|
|
12,025
|
118,687
|
|
Sims Ltd.
|
|
31,408
|
559,961
|
|
|
|
|
787,810
|
|
Office REITs-8.77%
|
|||
|
Brandywine Realty Trust(c)
|
|
32,338
|
98,308
|
|
Champion REIT (Hong Kong)(c)
|
|
361,100
|
107,163
|
|
Colonial SFL Socimi S.A. (Spain)(c)
|
|
55,874
|
356,839
|
|
Cousins Properties, Inc.
|
|
32,724
|
1,032,442
|
|
Covivio S.A. (France)
|
|
10,453
|
636,687
|
|
Cromwell Property Group (Australia)
|
|
280,961
|
84,917
|
|
Douglas Emmett, Inc.
|
|
31,317
|
370,167
|
|
Embassy Office Parks REIT (India)
|
|
168,567
|
773,680
|
|
Gecina S.A. (France)
|
|
8,709
|
752,786
|
|
Global One Real Estate Investment Corp.
(Japan)
|
|
213
|
149,544
|
|
Highwoods Properties, Inc.(c)
|
|
21,711
|
719,285
|
|
Japan Excellent, Inc. (Japan)
|
|
216
|
195,141
|
|
|
Shares
|
Value
|
|
|
Office REITs-(continued)
|
|||
|
Japan Prime Realty Investment Corp.
(Japan)
|
|
678
|
$416,295
|
|
Japan Real Estate Investment Corp. (Japan)
|
|
1,290
|
986,429
|
|
JBG SMITH Properties
|
|
11,596
|
162,924
|
|
Keppel REIT (Singapore)
|
|
586,229
|
420,089
|
|
Kilroy Realty Corp.(c)
|
|
21,005
|
815,414
|
|
Mori Hills REIT Investment Corp. (Japan)(c)
|
|
283
|
230,600
|
|
Nippon Building Fund, Inc. (Japan)
|
|
1,477
|
1,244,921
|
|
ORIX JREIT, Inc. (Japan)
|
|
1,034
|
668,597
|
|
Piedmont Realty Trust, Inc., Class A(b)(c)
|
|
24,575
|
238,132
|
|
Vornado Realty Trust(c)
|
|
31,570
|
1,243,542
|
|
|
|
|
11,703,902
|
|
Oil, Gas & Consumable Fuels-0.28%
|
|||
|
REX American Resources Corp.(b)
|
|
5,670
|
244,037
|
|
Verbio SE (Germany)(b)
|
|
4,063
|
135,304
|
|
|
|
|
379,341
|
|
Paper & Forest Products-2.03%
|
|||
|
Canfor Corp. (Canada)(b)
|
|
11,031
|
118,028
|
|
Louisiana-Pacific Corp.
|
|
12,384
|
896,973
|
|
Suzano S.A. (Brazil)
|
|
118,579
|
1,011,060
|
|
West Fraser Timber Co. Ltd. (Canada)
|
|
10,513
|
680,308
|
|
|
|
|
2,706,369
|
|
Real Estate Management & Development-1.21%
|
|||
|
China Overseas Grand Oceans Group Ltd.
(China)(c)
|
|
330,317
|
103,212
|
|
Fabege AB (Sweden)(c)
|
|
36,008
|
281,874
|
|
Henderson Land Development Co. Ltd. (Hong
Kong)
|
|
262,299
|
951,028
|
|
Lighthouse Properties PLC (Mauritius)
|
|
229,946
|
112,526
|
|
Mahindra Lifespace Developers Ltd. (India)
|
|
19,001
|
78,184
|
|
Platzer Fastigheter Holding AB, Class B
(Sweden)
|
|
11,373
|
87,793
|
|
|
|
|
1,614,617
|
|
Retail REITs-9.21%
|
|||
|
AEON REIT Investment Corp. (Japan)(c)
|
|
313
|
239,071
|
|
CapitaLand Integrated Commercial Trust
(Singapore)
|
|
1,202,604
|
2,331,485
|
|
Eurocommercial Properties N.V.
(Netherlands)
|
|
8,691
|
280,496
|
|
First Capital REIT (Canada)
|
|
20,570
|
336,223
|
|
Fortune REIT (Hong Kong)(c)
|
|
283,000
|
174,297
|
|
Frasers Centrepoint Trust (Singapore)
|
|
220,773
|
390,139
|
|
Klepierre S.A. (France)
|
|
42,393
|
1,921,194
|
|
Lendlease Global Commercial REIT
(Singapore)
|
|
488,419
|
224,352
|
|
Mapletree Pan Asia Commercial Trust
(Singapore)(c)
|
|
416,576
|
431,556
|
|
Mercialys S.A. (France)
|
|
18,492
|
255,758
|
|
Scentre Group (Australia)
|
|
1,029,514
|
2,821,326
|
|
SmartCentres REIT (Canada)(c)
|
|
14,307
|
301,366
|
|
Unibail-Rodamco-Westfield (France)
|
|
21,301
|
2,589,431
|
|
|
|
|
12,296,694
|
|
Semiconductors & Semiconductor Equipment-10.33%
|
|||
|
CSI Solar Co. Ltd. (China)
|
|
42,443
|
65,944
|
|
Enphase Energy, Inc.(b)(c)
|
|
25,305
|
949,950
|
|
First Solar, Inc.(b)
|
|
20,118
|
4,245,501
|
|
Hangzhou First Applied Material Co. Ltd., A
Shares (China)
|
|
30,400
|
65,969
|
|
|
Shares
|
Value
|
|
|
Semiconductors & Semiconductor Equipment-(continued)
|
|||
|
JA Solar Technology Co. Ltd., A Shares
(China)(b)
|
|
38,208
|
$42,465
|
|
Jinko Solar Co. Ltd., A Shares (China)(b)
|
|
120,000
|
76,971
|
|
JinkoSolar Holding Co. Ltd., ADR (China)(c)
|
|
5,692
|
86,177
|
|
LONGi Green Energy Technology Co. Ltd., A
Shares (China)(b)
|
|
89,272
|
171,596
|
|
NVIDIA Corp.
|
|
31,473
|
6,318,205
|
|
Premier Energies Ltd. (India)(d)
|
|
22,414
|
239,948
|
|
SMA Solar Technology AG (Germany)(b)
|
|
3,072
|
188,062
|
|
SolarEdge Technologies, Inc.(b)(c)
|
|
11,888
|
489,786
|
|
TCL Zhonghuan Renewable Energy
Technology Co. Ltd., A Shares (China)(b)
|
|
47,300
|
61,677
|
|
Trina Solar Co. Ltd., A Shares (China)(b)
|
|
27,800
|
55,896
|
|
Waaree Energies Ltd. (India)
|
|
17,080
|
479,076
|
|
Xinyi Solar Holdings Ltd. (China)
|
|
898,451
|
252,235
|
|
|
|
|
13,789,458
|
|
Software-0.06%
|
|||
|
Tuya, Inc., ADR (China)
|
|
50,518
|
84,870
|
|
Specialized REITs-8.26%
|
|||
|
Big Yellow Group PLC (United Kingdom)
|
|
37,006
|
442,391
|
|
Digital Realty Trust, Inc.
|
|
37,272
|
7,026,518
|
|
Weyerhaeuser Co.
|
|
142,093
|
3,556,588
|
|
|
|
|
11,025,497
|
|
Transportation Infrastructure-0.22%
|
|||
|
Taiwan High Speed Rail Corp. (Taiwan)
|
|
362,069
|
290,571
|
|
Water Utilities-0.17%
|
|||
|
Beijing Enterprises Water Group Ltd. (China)
|
|
789,041
|
232,252
|
|
Total Common Stocks & Other Equity Interests
(Cost $140,942,747)
|
133,248,949
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Money Market Funds-0.26%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(f)(g)
(Cost $341,826)
|
|
341,826
|
$341,826
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.09%
(Cost $141,284,573)
|
133,590,775
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-12.56%
|
|||
|
Invesco Private Government Fund,
3.69%(f)(g)(h)
|
|
4,660,311
|
4,660,311
|
|
Invesco Private Prime Fund, 3.82%(f)(g)(h)
|
|
12,103,555
|
12,104,765
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $16,764,993)
|
16,765,076
|
||
|
TOTAL INVESTMENTS IN SECURITIES-112.65%
(Cost $158,049,566)
|
150,355,851
|
||
|
OTHER ASSETS LESS LIABILITIES-(12.65)%
|
(16,886,608
)
|
||
|
NET ASSETS-100.00%
|
$133,469,243
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
REIT
|
-Real Estate Investment Trust
|
|
Wts.
|
-Warrants
|
|
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 purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
July 31, 2026 was $1,037,047, which represented less than 1% of the Fund’s Net Assets.
|
|
(e)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(f)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the 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
|
$251,037
|
$3,482,341
|
$(3,391,552
)
|
$-
|
$-
|
$341,826
|
$3,091
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
$6,476,961
|
$13,491,878
|
$(15,308,528
)
|
$-
|
$-
|
$4,660,311
|
$54,927
*
|
|
Invesco Private Prime Fund
|
16,840,717
|
28,271,702
|
(33,007,314
)
|
458
|
(798
)
|
12,104,765
|
149,211
*
|
|
Total
|
$23,568,715
|
$45,245,921
|
$(51,707,394
)
|
$458
|
$(798
)
|
$17,106,902
|
$207,229
|
|
*
|
Represents the income earned on the investment of cash collateral. Does not include
rebates and fees paid to lending agent or premiums received from
borrowers, if any.
|
|
(g)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(h)
|
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return
of the securities loaned.
|
|
This Fund has holdings greater than 10% of net assets in the following country:
|
|
|
China
|
18.26%
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-101.26%
|
|||
|
Communication Services-10.03%
|
|||
|
Alphabet, Inc., Class A
|
|
33,022
|
$11,760,125
|
|
Alphabet, Inc., Class C
|
|
26,613
|
9,491,526
|
|
AppLovin Corp., Class A(b)
|
|
1,516
|
600,184
|
|
AT&T, Inc.
|
|
39,143
|
910,075
|
|
Charter Communications, Inc., Class A(b)
|
|
473
|
68,576
|
|
Comcast Corp., Class A
|
|
20,072
|
480,925
|
|
EchoStar Corp., Class A(b)
|
|
767
|
64,497
|
|
Electronic Arts, Inc.
|
|
1,269
|
266,312
|
|
Fox Corp., Class A
|
|
1,125
|
65,509
|
|
Fox Corp., Class B
|
|
785
|
40,773
|
|
Live Nation Entertainment, Inc.(b)
|
|
892
|
155,324
|
|
Meta Platforms, Inc., Class A
|
|
12,365
|
6,883,719
|
|
Netflix, Inc.(b)
|
|
23,723
|
1,701,176
|
|
News Corp., Class A
|
|
2,057
|
56,691
|
|
News Corp., Class B
|
|
679
|
21,232
|
|
Omnicom Group, Inc.
|
|
1,605
|
126,314
|
|
Paramount Skydance Corp.
|
|
1,778
|
14,153
|
|
Take-Two Interactive Software, Inc.(b)
|
|
980
|
238,062
|
|
TKO Group Holdings, Inc.
|
|
355
|
64,543
|
|
T-Mobile US, Inc.
|
|
2,620
|
452,500
|
|
Trade Desk, Inc. (The), Class A(b)
|
|
2,406
|
43,404
|
|
Verizon Communications, Inc.
|
|
23,524
|
1,101,158
|
|
Walt Disney Co. (The)
|
|
9,784
|
941,123
|
|
Warner Bros. Discovery, Inc.(b)
|
|
13,962
|
367,201
|
|
|
|
|
35,915,102
|
|
Consumer Discretionary-9.51%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
2,355
|
356,830
|
|
Amazon.com, Inc.(b)
|
|
55,129
|
14,971,934
|
|
Aptiv PLC(b)
|
|
1,193
|
67,369
|
|
AutoZone, Inc.(b)
|
|
91
|
274,479
|
|
Best Buy Co., Inc.
|
|
1,105
|
95,317
|
|
Booking Holdings, Inc.
|
|
4,365
|
842,008
|
|
Carnival Corp. Ltd.
|
|
7,246
|
201,511
|
|
Carvana Co.(b)
|
|
4,034
|
251,560
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
7,225
|
268,915
|
|
D.R. Horton, Inc.
|
|
1,486
|
212,587
|
|
Darden Restaurants, Inc.
|
|
645
|
131,309
|
|
Deckers Outdoor Corp.(b)
|
|
802
|
77,698
|
|
Domino’s Pizza, Inc.
|
|
175
|
60,802
|
|
DoorDash, Inc., Class A(b)
|
|
2,132
|
418,213
|
|
eBay, Inc.
|
|
2,500
|
285,025
|
|
Expedia Group, Inc.
|
|
645
|
190,107
|
|
Ford Motor Co.
|
|
22,048
|
323,665
|
|
Garmin Ltd.
|
|
924
|
271,453
|
|
General Motors Co.
|
|
5,078
|
451,231
|
|
Genuine Parts Co.
|
|
777
|
96,635
|
|
Hasbro, Inc.
|
|
757
|
71,113
|
|
Hilton Worldwide Holdings, Inc.
|
|
1,282
|
410,868
|
|
Home Depot, Inc. (The)
|
|
5,611
|
1,862,628
|
|
Las Vegas Sands Corp.
|
|
1,679
|
82,086
|
|
Lennar Corp., Class A
|
|
1,212
|
99,808
|
|
Lowe’s Cos., Inc.
|
|
3,154
|
655,433
|
|
lululemon Athletica, Inc.(b)
|
|
591
|
70,252
|
|
Marriott International, Inc., Class A
|
|
1,233
|
459,699
|
|
McDonald’s Corp.
|
|
4,003
|
1,083,372
|
|
MGM Resorts International(b)
|
|
1,079
|
48,091
|
|
NIKE, Inc., Class B
|
|
6,758
|
281,876
|
|
Norwegian Cruise Line Holdings Ltd.(b)
|
|
2,585
|
47,900
|
|
NVR, Inc.(b)
|
|
15
|
92,206
|
|
O’Reilly Automotive, Inc., Class R(b)
|
|
4,668
|
417,086
|
|
PulteGroup, Inc.
|
|
1,072
|
135,576
|
|
|
Shares
|
Value
|
|
|
Consumer Discretionary-(continued)
|
|||
|
Ralph Lauren Corp.
|
|
219
|
$83,294
|
|
Ross Stores, Inc.
|
|
1,815
|
455,692
|
|
Royal Caribbean Cruises Ltd.
|
|
1,406
|
447,530
|
|
Starbucks Corp.
|
|
6,421
|
675,810
|
|
Tapestry, Inc.
|
|
1,140
|
173,702
|
|
Tesla, Inc.(b)
|
|
15,848
|
4,932,056
|
|
TJX Cos., Inc. (The)
|
|
6,229
|
980,071
|
|
Tractor Supply Co.
|
|
2,955
|
90,925
|
|
Ulta Beauty, Inc.(b)
|
|
246
|
126,156
|
|
Williams-Sonoma, Inc.
|
|
663
|
151,602
|
|
Wynn Resorts Ltd.
|
|
474
|
47,073
|
|
Yum! Brands, Inc.
|
|
1,553
|
238,044
|
|
|
|
|
34,068,597
|
|
Consumer Staples-4.72%
|
|||
|
Altria Group, Inc.
|
|
9,406
|
642,712
|
|
Archer-Daniels-Midland Co.
|
|
2,715
|
215,218
|
|
Brown-Forman Corp., Class B
|
|
948
|
27,236
|
|
Bunge Global S.A.
|
|
764
|
81,160
|
|
Casey’s General Stores, Inc.
|
|
209
|
182,039
|
|
Church & Dwight Co., Inc.
|
|
1,334
|
131,813
|
|
Clorox Co. (The)
|
|
681
|
65,056
|
|
Coca-Cola Co. (The)
|
|
21,813
|
1,910,601
|
|
Colgate-Palmolive Co.
|
|
4,509
|
411,672
|
|
Constellation Brands, Inc., Class A
|
|
787
|
102,491
|
|
Costco Wholesale Corp.
|
|
2,498
|
2,377,821
|
|
Dollar General Corp.
|
|
1,241
|
157,669
|
|
Dollar Tree, Inc.(b)
|
|
1,020
|
129,754
|
|
Estee Lauder Cos., Inc. (The), Class A
|
|
1,392
|
116,789
|
|
General Mills, Inc.
|
|
3,007
|
107,500
|
|
Hershey Co. (The)
|
|
836
|
146,342
|
|
Hormel Foods Corp.
|
|
1,642
|
41,066
|
|
J.M. Smucker Co. (The)
|
|
601
|
71,675
|
|
Kenvue, Inc.
|
|
10,816
|
208,100
|
|
Keurig Dr Pepper, Inc.
|
|
7,666
|
238,566
|
|
Kimberly-Clark Corp.
|
|
1,870
|
204,410
|
|
Kraft Heinz Co. (The)
|
|
4,810
|
124,338
|
|
Kroger Co. (The)
|
|
3,194
|
184,422
|
|
McCormick & Co., Inc.
|
|
1,432
|
72,889
|
|
Molson Coors Beverage Co., Class B
|
|
904
|
37,570
|
|
Mondelez International, Inc., Class A
|
|
7,230
|
450,501
|
|
Monster Beverage Corp.(b)
|
|
4,021
|
387,544
|
|
PepsiCo, Inc.
|
|
7,699
|
1,074,472
|
|
Philip Morris International, Inc. (Switzerland)
|
|
8,779
|
1,675,209
|
|
Procter & Gamble Co. (The)
|
|
13,117
|
1,895,275
|
|
Sysco Corp.
|
|
2,694
|
229,637
|
|
Target Corp.
|
|
2,558
|
369,605
|
|
Tyson Foods, Inc., Class A
|
|
1,588
|
92,040
|
|
Walmart, Inc.
|
|
24,698
|
2,746,418
|
|
|
|
|
16,909,610
|
|
Energy-3.40%
|
|||
|
APA Corp.
|
|
1,990
|
74,267
|
|
Baker Hughes Co., Class A
|
|
5,588
|
338,018
|
|
Chevron Corp.
|
|
10,547
|
2,075,966
|
|
ConocoPhillips
|
|
6,862
|
826,734
|
|
Devon Energy Corp.
|
|
6,495
|
293,119
|
|
Diamondback Energy, Inc.
|
|
1,095
|
222,230
|
|
EOG Resources, Inc.
|
|
3,001
|
446,219
|
|
EQT Corp.
|
|
3,522
|
187,687
|
|
Expand Energy Corp.
|
|
1,347
|
126,659
|
|
ExxonMobil Holdings Corp.
|
|
23,350
|
3,629,524
|
|
Halliburton Co.
|
|
4,705
|
151,736
|
|
|
Shares
|
Value
|
|
|
Energy-(continued)
|
|||
|
Kinder Morgan, Inc.
|
|
11,030
|
$354,945
|
|
Marathon Petroleum Corp.
|
|
1,644
|
520,277
|
|
Occidental Petroleum Corp.
|
|
4,090
|
233,416
|
|
ONEOK, Inc.
|
|
3,548
|
322,194
|
|
Phillips 66
|
|
2,257
|
477,762
|
|
SLB Ltd.
|
|
8,422
|
417,647
|
|
Targa Resources Corp.
|
|
1,209
|
326,877
|
|
Texas Pacific Land Corp.
|
|
326
|
131,241
|
|
Valero Energy Corp.
|
|
1,671
|
522,856
|
|
Williams Cos., Inc. (The)
|
|
6,889
|
492,839
|
|
|
|
|
12,172,213
|
|
Financials-12.63%
|
|||
|
Aflac, Inc.
|
|
2,579
|
328,771
|
|
Allstate Corp. (The)
|
|
1,451
|
383,180
|
|
American Express Co.
|
|
2,998
|
1,008,078
|
|
American International Group, Inc.
|
|
2,988
|
234,797
|
|
Ameriprise Financial, Inc.
|
|
508
|
277,287
|
|
Aon PLC, Class A
|
|
1,203
|
433,742
|
|
Apollo Global Management, Inc.
|
|
2,597
|
326,157
|
|
Arch Capital Group Ltd.(b)
|
|
1,959
|
196,938
|
|
Ares Management Corp., Class A
|
|
1,189
|
152,299
|
|
Arthur J. Gallagher & Co.
|
|
1,448
|
361,160
|
|
Assurant, Inc.
|
|
280
|
78,173
|
|
Bank of America Corp.
|
|
36,782
|
2,278,645
|
|
Bank of New York Mellon Corp. (The)
|
|
3,864
|
604,059
|
|
Berkshire Hathaway, Inc., Class B(b)
|
|
10,326
|
5,282,162
|
|
BlackRock, Inc.
|
|
815
|
888,668
|
|
Blackstone, Inc., Class A
|
|
4,183
|
534,378
|
|
Block, Inc., Class A(b)
|
|
3,016
|
245,020
|
|
Brown & Brown, Inc.
|
|
1,641
|
115,526
|
|
Capital One Financial Corp.
|
|
3,505
|
732,580
|
|
Cboe Global Markets, Inc.
|
|
591
|
183,346
|
|
Charles Schwab Corp. (The)
|
|
9,210
|
969,260
|
|
Chubb Ltd.
|
|
2,033
|
712,932
|
|
Cincinnati Financial Corp.
|
|
872
|
154,937
|
|
Citigroup, Inc.
|
|
9,608
|
1,272,580
|
|
Citizens Financial Group, Inc.
|
|
2,382
|
170,670
|
|
CME Group, Inc., Class A
|
|
2,042
|
546,827
|
|
Coinbase Global, Inc., Class A(b)
|
|
1,253
|
183,264
|
|
Corpay, Inc.(b)
|
|
368
|
140,616
|
|
Erie Indemnity Co., Class A
|
|
142
|
34,370
|
|
Everest Group Ltd.
|
|
224
|
83,810
|
|
FactSet Research Systems, Inc.
|
|
206
|
54,219
|
|
Fidelity National Information Services, Inc.
|
|
2,910
|
130,281
|
|
Fifth Third Bancorp
|
|
5,103
|
288,320
|
|
Fiserv, Inc.(b)
|
|
3,004
|
162,036
|
|
Franklin Resources, Inc.
|
|
1,729
|
58,544
|
|
Global Payments, Inc.
|
|
1,309
|
110,061
|
|
Globe Life, Inc.
|
|
437
|
79,643
|
|
Goldman Sachs Group, Inc. (The)
|
|
1,661
|
1,691,529
|
|
Hartford Insurance Group, Inc. (The)
|
|
1,544
|
219,109
|
|
Huntington Bancshares, Inc.
|
|
11,420
|
194,597
|
|
Interactive Brokers Group, Inc., Class A
|
|
2,508
|
220,679
|
|
Intercontinental Exchange, Inc.
|
|
3,185
|
485,649
|
|
Invesco Ltd.(c)
|
|
2,497
|
73,911
|
|
Jack Henry & Associates, Inc.
|
|
400
|
61,616
|
|
JPMorgan Chase & Co.
|
|
15,096
|
5,310,622
|
|
KeyCorp
|
|
5,193
|
117,310
|
|
KKR & Co., Inc., Class A
|
|
3,896
|
395,171
|
|
Loews Corp.
|
|
950
|
110,210
|
|
M&T Bank Corp.
|
|
826
|
203,436
|
|
Marsh & McLennan Cos., Inc.
|
|
2,714
|
514,819
|
|
|
Shares
|
Value
|
|
|
Financials-(continued)
|
|||
|
Mastercard, Inc., Class A
|
|
4,546
|
$2,605,313
|
|
MetLife, Inc.
|
|
3,044
|
292,620
|
|
Moody’s Corp.
|
|
848
|
405,666
|
|
Morgan Stanley
|
|
6,754
|
1,421,177
|
|
MSCI, Inc.
|
|
409
|
234,046
|
|
Nasdaq, Inc.
|
|
2,516
|
236,982
|
|
Northern Trust Corp.
|
|
1,041
|
189,660
|
|
PayPal Holdings, Inc.
|
|
4,969
|
284,277
|
|
PNC Financial Services Group, Inc. (The)
|
|
2,260
|
564,706
|
|
Principal Financial Group, Inc.
|
|
1,109
|
126,093
|
|
Progressive Corp. (The)
|
|
3,292
|
695,995
|
|
Prudential Financial, Inc.
|
|
1,953
|
238,422
|
|
Raymond James Financial, Inc.
|
|
977
|
171,932
|
|
Regions Financial Corp.
|
|
4,808
|
148,808
|
|
Robinhood Markets, Inc., Class A(b)
|
|
4,456
|
385,711
|
|
S&P Global, Inc.
|
|
1,709
|
703,988
|
|
State Street Corp.
|
|
1,559
|
287,105
|
|
Synchrony Financial
|
|
1,895
|
143,622
|
|
T. Rowe Price Group, Inc.
|
|
1,207
|
134,882
|
|
TPG, Inc.(b)(d)
|
|
1,309
|
0
|
|
Travelers Cos., Inc. (The)
|
|
1,198
|
448,483
|
|
Truist Financial Corp.
|
|
7,019
|
363,865
|
|
U.S. Bancorp
|
|
8,744
|
550,959
|
|
Visa, Inc., Class A
|
|
9,350
|
3,423,316
|
|
W.R. Berkley Corp.
|
|
1,656
|
120,126
|
|
Wells Fargo & Co.
|
|
17,240
|
1,490,398
|
|
Willis Towers Watson PLC
|
|
533
|
179,045
|
|
|
|
|
45,243,191
|
|
Health Care-9.21%
|
|||
|
Abbott Laboratories
|
|
9,813
|
1,037,234
|
|
AbbVie, Inc.
|
|
9,952
|
2,497,355
|
|
Agilent Technologies, Inc.
|
|
1,591
|
220,147
|
|
Align Technology, Inc.(b)
|
|
374
|
63,266
|
|
Amgen, Inc.
|
|
3,040
|
1,170,886
|
|
Baxter International, Inc.
|
|
2,908
|
76,073
|
|
Becton, Dickinson and Co.
|
|
1,553
|
257,208
|
|
Biogen, Inc.(b)
|
|
832
|
168,854
|
|
Bio-Techne Corp.
|
|
883
|
63,655
|
|
Boston Scientific Corp.(b)
|
|
8,373
|
391,270
|
|
Bristol-Myers Squibb Co.
|
|
11,504
|
751,326
|
|
Cardinal Health, Inc.
|
|
1,319
|
303,410
|
|
Cencora, Inc.
|
|
1,098
|
341,851
|
|
Centene Corp.(b)
|
|
2,644
|
164,510
|
|
Charles River Laboratories International, Inc.(b)
|
|
272
|
63,243
|
|
Cigna Group (The)
|
|
1,491
|
416,064
|
|
Cooper Cos., Inc. (The)(b)
|
|
1,101
|
79,624
|
|
CVS Health Corp.
|
|
7,187
|
750,538
|
|
Danaher Corp.
|
|
3,547
|
691,594
|
|
DaVita, Inc.(b)
|
|
183
|
43,936
|
|
Dexcom, Inc.(b)
|
|
2,173
|
181,337
|
|
Edwards Lifesciences Corp.(b)
|
|
3,242
|
279,039
|
|
Elevance Health, Inc.
|
|
1,224
|
460,028
|
|
Eli Lilly and Co.
|
|
4,455
|
5,118,082
|
|
GE HealthCare Technologies, Inc.
|
|
2,562
|
174,267
|
|
Gilead Sciences, Inc.
|
|
6,995
|
910,819
|
|
HCA Healthcare, Inc.
|
|
875
|
352,266
|
|
Henry Schein, Inc.(b)
|
|
547
|
46,905
|
|
Humana, Inc.
|
|
676
|
245,969
|
|
IDEXX Laboratories, Inc.(b)
|
|
443
|
247,668
|
|
Incyte Corp.(b)
|
|
945
|
112,946
|
|
Insulet Corp.(b)
|
|
390
|
64,487
|
|
Intuitive Surgical, Inc.(b)
|
|
1,993
|
704,187
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
IQVIA Holdings, Inc.(b)
|
|
940
|
$220,919
|
|
Johnson & Johnson
|
|
13,562
|
3,476,619
|
|
Labcorp Holdings, Inc.
|
|
461
|
142,541
|
|
McKesson Corp.
|
|
677
|
579,641
|
|
Medtronic PLC
|
|
7,231
|
617,455
|
|
Merck & Co., Inc.
|
|
13,913
|
1,811,473
|
|
Mettler-Toledo International, Inc.(b)
|
|
113
|
160,042
|
|
Moderna, Inc.(b)
|
|
1,988
|
108,982
|
|
Pfizer, Inc.
|
|
32,109
|
803,046
|
|
Quest Diagnostics, Inc.
|
|
623
|
145,165
|
|
Regeneron Pharmaceuticals, Inc.
|
|
564
|
430,123
|
|
ResMed, Inc.
|
|
818
|
172,582
|
|
Revvity, Inc.
|
|
628
|
70,663
|
|
Solventum Corp.(b)
|
|
830
|
70,915
|
|
STERIS PLC
|
|
554
|
126,534
|
|
Stryker Corp.
|
|
1,943
|
632,835
|
|
Thermo Fisher Scientific, Inc.
|
|
2,093
|
1,202,010
|
|
UnitedHealth Group, Inc.
|
|
5,117
|
2,120,485
|
|
Universal Health Services, Inc., Class B
|
|
301
|
50,700
|
|
Veeva Systems, Inc., Class A(b)
|
|
847
|
172,602
|
|
Vertex Pharmaceuticals, Inc.(b)
|
|
1,431
|
682,730
|
|
Viatris, Inc.
|
|
6,560
|
115,194
|
|
Waters Corp.(b)
|
|
554
|
209,030
|
|
West Pharmaceutical Services, Inc.
|
|
397
|
135,361
|
|
Zimmer Biomet Holdings, Inc.
|
|
1,092
|
102,572
|
|
Zoetis, Inc.
|
|
2,363
|
182,636
|
|
|
|
|
32,992,899
|
|
Industrials-8.81%
|
|||
|
3M Co.
|
|
2,937
|
517,734
|
|
A.O. Smith Corp.
|
|
631
|
37,942
|
|
Allegion PLC
|
|
486
|
76,496
|
|
AMETEK, Inc.
|
|
1,290
|
311,806
|
|
Automatic Data Processing, Inc.
|
|
2,250
|
599,535
|
|
Axon Enterprise, Inc.(b)
|
|
453
|
239,075
|
|
Boeing Co. (The)(b)
|
|
4,439
|
959,446
|
|
Broadridge Financial Solutions, Inc.
|
|
651
|
100,221
|
|
Builders FirstSource, Inc.(b)
|
|
606
|
40,263
|
|
C.H. Robinson Worldwide, Inc.
|
|
663
|
97,945
|
|
Carrier Global Corp.
|
|
4,397
|
271,779
|
|
Caterpillar, Inc.
|
|
2,594
|
2,113,617
|
|
Cintas Corp.
|
|
1,915
|
391,867
|
|
Comfort Systems USA, Inc.
|
|
199
|
344,208
|
|
Copart, Inc.(b)
|
|
4,992
|
145,367
|
|
CSX Corp.
|
|
10,469
|
527,638
|
|
Cummins, Inc.
|
|
779
|
494,042
|
|
Deere & Co.
|
|
1,416
|
839,221
|
|
Delta Air Lines, Inc.
|
|
3,681
|
321,867
|
|
Dover Corp.
|
|
758
|
155,102
|
|
DuPont de Nemours, Inc.
|
|
769
|
105,353
|
|
Eaton Corp. PLC
|
|
2,187
|
908,042
|
|
EMCOR Group, Inc.
|
|
251
|
200,155
|
|
Emerson Electric Co.
|
|
3,154
|
472,532
|
|
Equifax, Inc.
|
|
670
|
115,655
|
|
Expeditors International of Washington, Inc.
|
|
736
|
123,567
|
|
Fastenal Co.
|
|
6,468
|
308,588
|
|
FedEx Corp.
|
|
1,237
|
380,254
|
|
FedEx Freight Holding Co., Inc.(b)
|
|
613
|
86,145
|
|
Fortive Corp.
|
|
1,719
|
101,782
|
|
GE Vernova, Inc.
|
|
1,514
|
1,499,299
|
|
Generac Holdings, Inc.(b)
|
|
331
|
65,243
|
|
General Dynamics Corp.
|
|
1,431
|
548,674
|
|
General Electric Co.
|
|
5,877
|
2,116,131
|
|
|
Shares
|
Value
|
|
|
Industrials-(continued)
|
|||
|
Honeywell Aerospace, Inc.(b)
|
|
1,785
|
$369,031
|
|
Honeywell International, Inc.
|
|
1,785
|
433,844
|
|
Howmet Aerospace, Inc.
|
|
2,252
|
635,650
|
|
Hubbell, Inc.
|
|
299
|
141,292
|
|
Huntington Ingalls Industries, Inc.
|
|
223
|
72,798
|
|
IDEX Corp.
|
|
416
|
95,867
|
|
Illinois Tool Works, Inc.
|
|
1,476
|
423,538
|
|
Ingersoll Rand, Inc.
|
|
2,004
|
167,094
|
|
J.B. Hunt Transport Services, Inc.
|
|
418
|
113,592
|
|
Jacobs Solutions, Inc.
|
|
665
|
89,728
|
|
Johnson Controls International PLC
|
|
3,436
|
503,924
|
|
L3Harris Technologies, Inc.
|
|
1,049
|
290,636
|
|
Leidos Holdings, Inc.
|
|
708
|
81,845
|
|
Lennox International, Inc.
|
|
180
|
74,858
|
|
Lockheed Martin Corp.
|
|
1,144
|
666,655
|
|
Masco Corp.
|
|
1,138
|
81,344
|
|
Nordson Corp.
|
|
299
|
89,036
|
|
Norfolk Southern Corp.
|
|
1,265
|
424,382
|
|
Northrop Grumman Corp.
|
|
751
|
407,403
|
|
Old Dominion Freight Line, Inc.
|
|
1,030
|
218,504
|
|
Otis Worldwide Corp.
|
|
2,161
|
155,484
|
|
PACCAR, Inc.
|
|
2,966
|
393,529
|
|
Parker-Hannifin Corp.
|
|
709
|
692,360
|
|
Paychex, Inc.
|
|
1,817
|
212,298
|
|
Pentair PLC
|
|
911
|
59,616
|
|
Quanta Services, Inc.
|
|
847
|
565,254
|
|
Republic Services, Inc.
|
|
1,127
|
237,290
|
|
Rockwell Automation, Inc.
|
|
627
|
301,010
|
|
Rollins, Inc.
|
|
1,653
|
62,764
|
|
RTX Corp.
|
|
7,585
|
1,632,444
|
|
Snap-on, Inc.
|
|
292
|
119,840
|
|
Southwest Airlines Co.
|
|
2,753
|
123,802
|
|
Stanley Black & Decker, Inc.
|
|
876
|
82,852
|
|
Textron, Inc.
|
|
979
|
83,470
|
|
Trane Technologies PLC
|
|
1,245
|
566,413
|
|
TransDigm Group, Inc.
|
|
315
|
395,130
|
|
Uber Technologies, Inc.(b)
|
|
11,467
|
806,818
|
|
Union Pacific Corp.
|
|
3,345
|
977,175
|
|
United Airlines Holdings, Inc.(b)
|
|
1,828
|
221,791
|
|
United Parcel Service, Inc., Class B
|
|
4,207
|
438,454
|
|
United Rentals, Inc.
|
|
353
|
380,979
|
|
Veralto Corp.
|
|
1,383
|
130,237
|
|
Verisk Analytics, Inc.
|
|
737
|
143,604
|
|
Vertiv Holdings Co., Class A
|
|
2,163
|
522,516
|
|
W.W. Grainger, Inc.
|
|
245
|
338,644
|
|
Waste Management, Inc.
|
|
2,082
|
471,677
|
|
Westinghouse Air Brake Technologies Corp.
|
|
955
|
277,771
|
|
Xylem, Inc.
|
|
1,338
|
156,506
|
|
|
|
|
31,547,340
|
|
Information Technology-37.06%
|
|||
|
Accenture PLC, Class A
|
|
3,457
|
573,585
|
|
Adobe, Inc.(b)
|
|
2,276
|
569,933
|
|
Advanced Micro Devices, Inc.(b)
|
|
9,187
|
4,374,390
|
|
Akamai Technologies, Inc.(b)
|
|
820
|
94,448
|
|
Amphenol Corp., Class A
|
|
6,929
|
1,113,490
|
|
Analog Devices, Inc.
|
|
2,750
|
1,010,378
|
|
Apple, Inc.
|
|
82,729
|
25,555,815
|
|
Applied Materials, Inc.
|
|
4,469
|
2,268,777
|
|
Arista Networks, Inc.(b)
|
|
5,817
|
1,049,096
|
|
Autodesk, Inc.(b)
|
|
1,190
|
278,698
|
|
Broadcom, Inc.
|
|
26,660
|
10,378,205
|
|
Cadence Design Systems, Inc.(b)
|
|
1,554
|
528,391
|
|
|
Shares
|
Value
|
|
|
Information Technology-(continued)
|
|||
|
CDW Corp.
|
|
719
|
$106,275
|
|
Ciena Corp.(b)
|
|
798
|
300,886
|
|
Cisco Systems, Inc.
|
|
22,252
|
2,581,009
|
|
Cognizant Technology Solutions Corp., Class A
|
|
2,670
|
147,785
|
|
Coherent Corp.(b)
|
|
1,104
|
290,231
|
|
Corning, Inc.
|
|
4,411
|
609,821
|
|
CrowdStrike Holdings, Inc., Class A(b)
|
|
5,737
|
1,094,964
|
|
Datadog, Inc., Class A(b)
|
|
1,863
|
499,228
|
|
Dell Technologies, Inc., Class C
|
|
1,628
|
659,942
|
|
F5, Inc.(b)
|
|
318
|
128,017
|
|
Fair Isaac Corp.(b)
|
|
126
|
141,494
|
|
First Solar, Inc.(b)
|
|
606
|
127,884
|
|
Flex Ltd.(b)
|
|
2,072
|
235,690
|
|
Fortinet, Inc.(b)
|
|
3,507
|
567,959
|
|
Gartner, Inc.(b)
|
|
376
|
56,784
|
|
Gen Digital, Inc.
|
|
3,105
|
85,232
|
|
GoDaddy, Inc., Class A(b)
|
|
745
|
61,641
|
|
Hewlett Packard Enterprise Co.
|
|
7,474
|
358,005
|
|
HP, Inc.
|
|
5,153
|
140,522
|
|
Intel Corp.(b)
|
|
26,616
|
2,400,763
|
|
International Business Machines Corp.
|
|
5,294
|
1,184,003
|
|
Intuit, Inc.
|
|
1,558
|
492,437
|
|
Jabil, Inc.
|
|
595
|
187,455
|
|
Keysight Technologies, Inc.(b)
|
|
966
|
308,231
|
|
KLA Corp.
|
|
7,359
|
1,345,372
|
|
Lam Research Corp.
|
|
7,046
|
2,064,619
|
|
Lumentum Holdings, Inc.(b)
|
|
437
|
311,992
|
|
Marvell Technology, Inc.
|
|
4,932
|
925,046
|
|
Microchip Technology, Inc.
|
|
3,049
|
226,510
|
|
Micron Technology, Inc.
|
|
6,351
|
5,227,064
|
|
Microsoft Corp.
|
|
41,837
|
19,442,491
|
|
Monolithic Power Systems, Inc.
|
|
277
|
395,010
|
|
Motorola Solutions, Inc.
|
|
935
|
407,426
|
|
NetApp, Inc.
|
|
1,113
|
198,671
|
|
NVIDIA Corp.
|
|
136,422
|
27,386,717
|
|
NXP Semiconductors N.V. (Netherlands)
|
|
1,423
|
326,095
|
|
ON Semiconductor Corp.(b)
|
|
2,207
|
180,113
|
|
Oracle Corp.
|
|
9,560
|
1,241,557
|
|
Palantir Technologies, Inc., Class A(b)
|
|
12,936
|
1,591,904
|
|
Palo Alto Networks, Inc.(b)
|
|
4,569
|
1,516,131
|
|
PTC, Inc.(b)
|
|
651
|
89,317
|
|
Qnity Electronics, Inc.
|
|
1,180
|
154,792
|
|
QUALCOMM, Inc.
|
|
5,937
|
876,361
|
|
Roper Technologies, Inc.
|
|
569
|
223,031
|
|
Salesforce, Inc.
|
|
4,608
|
847,964
|
|
Sandisk Corp.(b)
|
|
835
|
1,014,383
|
|
Seagate Technology Holdings PLC
|
|
1,263
|
1,081,292
|
|
ServiceNow, Inc.(b)
|
|
5,811
|
646,358
|
|
Skyworks Solutions, Inc.
|
|
849
|
52,876
|
|
Super Micro Computer, Inc.(b)
|
|
3,170
|
90,028
|
|
Synopsys, Inc.(b)
|
|
1,078
|
419,083
|
|
TE Connectivity PLC (China)
|
|
1,644
|
338,154
|
|
Teledyne Technologies, Inc.(b)
|
|
262
|
171,759
|
|
Teradyne, Inc.
|
|
883
|
324,670
|
|
Texas Instruments, Inc.
|
|
5,128
|
1,413,995
|
|
Trimble, Inc.(b)
|
|
1,313
|
74,290
|
|
Tyler Technologies, Inc.(b)
|
|
238
|
73,685
|
|
VeriSign, Inc.
|
|
461
|
133,699
|
|
Western Digital Corp.
|
|
1,941
|
1,057,534
|
|
Workday, Inc., Class A(b)
|
|
1,149
|
184,231
|
|
Zebra Technologies Corp., Class A(b)
|
|
269
|
79,038
|
|
|
|
|
132,694,722
|
|
|
Shares
|
Value
|
|
|
Materials-1.80%
|
|||
|
Air Products and Chemicals, Inc.
|
|
1,254
|
$369,792
|
|
Albemarle Corp.
|
|
664
|
78,113
|
|
Amcor PLC
|
|
2,603
|
116,823
|
|
Avery Dennison Corp.
|
|
430
|
72,984
|
|
Ball Corp.
|
|
1,500
|
97,350
|
|
CF Industries Holdings, Inc.
|
|
866
|
108,414
|
|
Corteva, Inc.
|
|
3,767
|
296,501
|
|
CRH PLC
|
|
3,764
|
357,618
|
|
Dow, Inc.
|
|
4,059
|
122,947
|
|
Ecolab, Inc.
|
|
1,428
|
396,456
|
|
Freeport-McMoRan, Inc.
|
|
8,098
|
507,178
|
|
International Flavors & Fragrances, Inc.
|
|
1,439
|
113,998
|
|
International Paper Co.
|
|
2,984
|
121,837
|
|
Linde PLC
|
|
2,603
|
1,245,223
|
|
LyondellBasell Industries N.V., Class A
|
|
1,455
|
90,326
|
|
Martin Marietta Materials, Inc.
|
|
339
|
178,022
|
|
Mosaic Co. (The)
|
|
1,791
|
39,617
|
|
Newmont Corp.
|
|
6,013
|
563,478
|
|
Nucor Corp.
|
|
1,282
|
329,846
|
|
Packaging Corp. of America
|
|
500
|
122,920
|
|
PPG Industries, Inc.
|
|
1,255
|
138,703
|
|
Sherwin-Williams Co. (The)
|
|
1,291
|
440,037
|
|
Smurfit WestRock PLC
|
|
2,955
|
135,841
|
|
Steel Dynamics, Inc.
|
|
763
|
191,711
|
|
Vulcan Materials Co.
|
|
730
|
196,056
|
|
|
|
|
6,431,791
|
|
Real Estate-1.91%
|
|||
|
Alexandria Real Estate Equities, Inc.
|
|
885
|
45,533
|
|
American Tower Corp.
|
|
2,623
|
454,723
|
|
AvalonBay Communities, Inc.
|
|
784
|
145,518
|
|
BXP, Inc.
|
|
836
|
58,620
|
|
Camden Property Trust
|
|
567
|
62,829
|
|
CBRE Group, Inc., Class A(b)
|
|
1,649
|
242,090
|
|
CoStar Group, Inc.(b)
|
|
2,298
|
66,090
|
|
Crown Castle, Inc.
|
|
2,458
|
187,545
|
|
Digital Realty Trust, Inc.
|
|
1,959
|
369,311
|
|
Equinix, Inc.
|
|
553
|
563,662
|
|
Equity Residential
|
|
1,920
|
127,584
|
|
Essex Property Trust, Inc.
|
|
362
|
102,859
|
|
Extra Space Storage, Inc.
|
|
1,191
|
176,316
|
|
Federal Realty Investment Trust
|
|
442
|
54,848
|
|
Healthpeak Properties, Inc.
|
|
3,885
|
84,810
|
|
Host Hotels & Resorts, Inc.
|
|
3,589
|
90,192
|
|
Invitation Homes, Inc.
|
|
3,078
|
91,478
|
|
Iron Mountain, Inc.
|
|
1,674
|
204,764
|
|
Kimco Realty Corp.
|
|
3,798
|
96,773
|
|
Mid-America Apartment Communities, Inc.
|
|
655
|
86,683
|
|
Prologis, Inc.
|
|
5,252
|
759,492
|
|
Public Storage
|
|
943
|
305,692
|
|
Realty Income Corp.
|
|
5,253
|
335,509
|
|
Regency Centers Corp.
|
|
929
|
74,589
|
|
SBA Communications Corp., Class A
|
|
598
|
108,226
|
|
Simon Property Group, Inc.
|
|
1,827
|
419,059
|
|
UDR, Inc.
|
|
1,664
|
63,498
|
|
Ventas, Inc.
|
|
2,739
|
256,124
|
|
VICI Properties, Inc.
|
|
6,157
|
162,237
|
|
Welltower, Inc.
|
|
3,977
|
932,368
|
|
Weyerhaeuser Co.
|
|
4,061
|
101,647
|
|
|
|
|
6,830,669
|
|
Utilities-2.18%
|
|||
|
AES Corp. (The)
|
|
4,017
|
58,970
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Alliant Energy Corp.
|
|
1,456
|
$103,056
|
|
Ameren Corp.
|
|
1,559
|
170,882
|
|
American Electric Power Co., Inc.
|
|
3,065
|
391,860
|
|
American Water Works Co., Inc.
|
|
1,102
|
147,855
|
|
Atmos Energy Corp.
|
|
940
|
162,413
|
|
CenterPoint Energy, Inc.
|
|
3,685
|
154,917
|
|
CMS Energy Corp.
|
|
1,741
|
125,335
|
|
Consolidated Edison, Inc.
|
|
2,077
|
226,081
|
|
Constellation Energy Corp.
|
|
1,801
|
473,213
|
|
Dominion Energy, Inc.
|
|
4,954
|
342,668
|
|
DTE Energy Co.
|
|
1,172
|
166,272
|
|
Duke Energy Corp.
|
|
4,391
|
550,763
|
|
Edison International
|
|
2,167
|
158,993
|
|
Entergy Corp.
|
|
2,578
|
277,444
|
|
Evergy, Inc.
|
|
1,298
|
107,747
|
|
Eversource Energy
|
|
2,119
|
151,699
|
|
Exelon Corp.
|
|
5,766
|
264,198
|
|
FirstEnergy Corp.
|
|
2,931
|
141,597
|
|
NextEra Energy, Inc.
|
|
11,748
|
1,021,136
|
|
NiSource, Inc.
|
|
2,701
|
120,005
|
|
NRG Energy, Inc.
|
|
1,189
|
159,671
|
|
PG&E Corp.
|
|
12,406
|
215,616
|
|
|
Shares
|
Value
|
|
|
Utilities-(continued)
|
|||
|
Pinnacle West Capital Corp.
|
|
683
|
$68,976
|
|
PPL Corp.
|
|
4,239
|
149,255
|
|
Public Service Enterprise Group, Inc.
|
|
2,807
|
215,241
|
|
Sempra
|
|
3,683
|
326,130
|
|
Southern Co. (The)
|
|
6,349
|
600,235
|
|
Vistra Corp.
|
|
1,786
|
264,667
|
|
WEC Energy Group, Inc.
|
|
1,835
|
200,786
|
|
Xcel Energy, Inc.
|
|
3,515
|
274,873
|
|
|
|
|
7,792,554
|
|
Total Common Stocks & Other Equity Interests
(Cost $273,818,152)
|
362,598,688
|
||
|
Money Market Funds-0.00%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(c)(e)
(Cost $7,928)
|
|
7,928
|
7,928
|
|
TOTAL INVESTMENTS IN SECURITIES-101.26%
(Cost $273,826,080)
|
362,606,616
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.26)%
|
(4,528,275
)
|
||
|
NET ASSETS-100.00%
|
$358,078,341
|
||
|
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
|
|
Invesco Ltd.
|
$64,817
|
$3,452
|
$(2,595
)
|
$8,195
|
$42
|
$73,911
|
$537
|
|
Investments in Affiliated Money
Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency
Portfolio, Institutional Class
|
-
|
9,560,737
|
(9,552,809
)
|
-
|
-
|
7,928
|
3,577
|
|
Total
|
$64,817
|
$9,564,189
|
$(9,555,404
)
|
$8,195
|
$42
|
$81,839
|
$4,114
|
|
(d)
|
Security valued using significant unobservable inputs (Level 3). See Note 1.
|
|
(e)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
Open Exchange-Traded Index Options Written
|
||||||||
|
Description
|
Type of
Contract
|
Expiration
Date
|
Number of
Contracts
|
Exercise
Price
|
Notional
Value*
|
Value
|
||
|
Equity Risk
|
|
|
|
|
|
|
||
|
S&P 500 Index
|
Call
|
08/21/2026
|
484
|
|
$7,480
|
|
$(362,032,000
)
|
$(4,612,520
)
|
|
*
|
Notional Value is calculated by multiplying the Number of Contracts by the Exercise
Price by the multiplier.
|
|
|
Shares
|
Value
|
|
|
Common Stocks & Other Equity Interests-99.95%
|
|||
|
Communication Services-6.27%
|
|||
|
AppLovin Corp., Class A(b)
|
|
1,012,913
|
$401,012,257
|
|
Electronic Arts, Inc.
|
|
457,564
|
96,024,381
|
|
Netflix, Inc.(b)
|
|
10,063,224
|
721,633,793
|
|
|
|
|
1,218,670,431
|
|
Consumer Discretionary-5.99%
|
|||
|
Airbnb, Inc., Class A(b)
|
|
903,008
|
136,823,772
|
|
Best Buy Co., Inc.
|
|
357,401
|
30,829,410
|
|
Chipotle Mexican Grill, Inc.(b)
|
|
2,649,763
|
98,624,179
|
|
Deckers Outdoor Corp.(b)
|
|
323,027
|
31,294,856
|
|
eBay, Inc.
|
|
984,243
|
112,213,545
|
|
Expedia Group, Inc.
|
|
242,316
|
71,420,218
|
|
Lennar Corp., Class A
|
|
438,926
|
36,145,556
|
|
NVR, Inc.(b)
|
|
4,772
|
29,333,723
|
|
Ralph Lauren Corp.
|
|
73,210
|
27,844,691
|
|
Ross Stores, Inc.
|
|
591,274
|
148,451,163
|
|
Tapestry, Inc.
|
|
513,041
|
78,172,057
|
|
TJX Cos., Inc. (The)
|
|
1,953,895
|
307,425,839
|
|
Williams-Sonoma, Inc.
|
|
244,065
|
55,807,903
|
|
|
|
|
1,164,386,912
|
|
Consumer Staples-8.06%
|
|||
|
Colgate-Palmolive Co.
|
|
1,390,734
|
126,974,014
|
|
Costco Wholesale Corp.
|
|
815,768
|
776,521,402
|
|
Dollar Tree, Inc.(b)
|
|
337,457
|
42,927,905
|
|
Kimberly-Clark Corp.(c)
|
|
616,493
|
67,388,850
|
|
Procter & Gamble Co. (The)
|
|
3,830,478
|
553,465,766
|
|
|
|
|
1,567,277,937
|
|
Energy-1.18%
|
|||
|
APA Corp.(c)
|
|
671,834
|
25,072,845
|
|
Expand Energy Corp.
|
|
446,784
|
42,011,099
|
|
Valero Energy Corp.
|
|
522,184
|
163,391,374
|
|
|
|
|
230,475,318
|
|
Financials-17.59%
|
|||
|
Allstate Corp. (The)
|
|
568,071
|
150,016,190
|
|
Ameriprise Financial, Inc.
|
|
253,143
|
138,175,575
|
|
Arch Capital Group Ltd.(b)
|
|
637,361
|
64,073,901
|
|
Cboe Global Markets, Inc.
|
|
211,084
|
65,484,589
|
|
Cincinnati Financial Corp.
|
|
261,277
|
46,423,697
|
|
Erie Indemnity Co., Class A(c)
|
|
46,625
|
11,285,115
|
|
FactSet Research Systems, Inc.(c)
|
|
63,493
|
16,711,358
|
|
Hartford Insurance Group, Inc. (The)
|
|
495,618
|
70,333,150
|
|
Jack Henry & Associates, Inc.
|
|
151,987
|
23,412,078
|
|
Mastercard, Inc., Class A
|
|
1,954,768
|
1,120,277,541
|
|
Moody’s Corp.
|
|
392,881
|
187,946,413
|
|
Progressive Corp. (The)
|
|
1,223,332
|
258,636,851
|
|
T. Rowe Price Group, Inc.(c)
|
|
389,959
|
43,577,918
|
|
Travelers Cos., Inc. (The)
|
|
378,007
|
141,510,701
|
|
Visa, Inc., Class A
|
|
2,960,293
|
1,083,852,076
|
|
|
|
|
3,421,717,153
|
|
Health Care-3.47%
|
|||
|
Bio-Techne Corp.(c)
|
|
293,342
|
21,147,025
|
|
Dexcom, Inc.(b)
|
|
1,069,803
|
89,275,060
|
|
IDEXX Laboratories, Inc.(b)
|
|
204,454
|
114,304,098
|
|
Incyte Corp.(b)
|
|
270,420
|
32,320,598
|
|
Intuitive Surgical, Inc.(b)
|
|
674,200
|
238,215,086
|
|
ResMed, Inc.(c)
|
|
269,491
|
56,857,211
|
|
Solventum Corp.(b)
|
|
296,098
|
25,298,613
|
|
|
Shares
|
Value
|
|
|
Health Care-(continued)
|
|||
|
STERIS PLC
|
|
164,506
|
$37,573,171
|
|
Zoetis, Inc.
|
|
776,535
|
60,018,390
|
|
|
|
|
675,009,252
|
|
Industrials-19.71%
|
|||
|
3M Co.
|
|
931,782
|
164,254,531
|
|
A.O. Smith Corp.
|
|
217,702
|
13,090,421
|
|
Automatic Data Processing, Inc.
|
|
756,715
|
201,634,279
|
|
Broadridge Financial Solutions, Inc.
|
|
226,251
|
34,831,341
|
|
C.H. Robinson Worldwide, Inc.
|
|
251,650
|
37,176,254
|
|
Cintas Corp.
|
|
606,400
|
124,087,632
|
|
Comfort Systems USA, Inc.
|
|
69,283
|
119,838,112
|
|
DuPont de Nemours, Inc.(c)
|
|
348,018
|
47,678,466
|
|
Expeditors International of Washington,
Inc.
|
|
285,658
|
47,959,122
|
|
Fastenal Co.
|
|
2,028,426
|
96,776,204
|
|
Fortive Corp.
|
|
725,140
|
42,935,539
|
|
GE Vernova, Inc.
|
|
811,409
|
803,530,219
|
|
General Electric Co.
|
|
2,134,923
|
768,721,725
|
|
Illinois Tool Works, Inc.
|
|
552,134
|
158,434,851
|
|
J.B. Hunt Transport Services, Inc.
|
|
154,521
|
41,991,082
|
|
Jacobs Solutions, Inc.
|
|
205,062
|
27,669,016
|
|
Johnson Controls International PLC
|
|
1,265,618
|
185,615,536
|
|
Lockheed Martin Corp.
|
|
366,573
|
213,616,750
|
|
Nordson Corp.
|
|
96,075
|
28,609,214
|
|
Old Dominion Freight Line, Inc.
|
|
344,091
|
72,995,465
|
|
Parker-Hannifin Corp.
|
|
213,259
|
208,253,811
|
|
Rockwell Automation, Inc.
|
|
229,257
|
110,061,701
|
|
Trane Technologies PLC
|
|
392,454
|
178,546,947
|
|
W.W. Grainger, Inc.
|
|
75,363
|
104,168,246
|
|
|
|
|
3,832,476,464
|
|
Information Technology-35.31%
|
|||
|
Accenture PLC, Class A
|
|
1,028,945
|
170,722,554
|
|
Adobe, Inc.(b)
|
|
936,260
|
234,448,867
|
|
Apple, Inc.
|
|
3,278,876
|
1,012,877,585
|
|
Applied Materials, Inc.
|
|
1,007,616
|
511,536,415
|
|
Autodesk, Inc.(b)
|
|
362,763
|
84,959,095
|
|
Ciena Corp.(b)
|
|
270,741
|
102,082,894
|
|
Cisco Systems, Inc.
|
|
6,257,292
|
725,783,299
|
|
F5, Inc.(b)
|
|
76,207
|
30,678,652
|
|
Fortinet, Inc.(b)
|
|
1,734,978
|
280,979,687
|
|
Gartner, Inc.(b)(c)
|
|
112,371
|
16,970,269
|
|
GoDaddy, Inc., Class A(b)
|
|
230,993
|
19,112,361
|
|
KLA Corp.
|
|
2,519,710
|
460,653,382
|
|
Lam Research Corp.
|
|
2,633,017
|
771,526,641
|
|
NetApp, Inc.(c)
|
|
512,836
|
91,541,226
|
|
ON Semiconductor Corp.(b)
|
|
692,882
|
56,546,100
|
|
PTC, Inc.(b)(c)
|
|
191,608
|
26,288,618
|
|
QUALCOMM, Inc.
|
|
2,697,567
|
398,187,865
|
|
Sandisk Corp.(b)
|
|
379,657
|
461,218,713
|
|
Seagate Technology Holdings PLC
|
|
341,634
|
292,483,117
|
|
Skyworks Solutions, Inc.(c)
|
|
252,537
|
15,728,004
|
|
Texas Instruments, Inc.
|
|
1,560,808
|
430,377,198
|
|
Tyler Technologies, Inc.(b)(c)
|
|
59,944
|
18,558,662
|
|
Western Digital Corp.
|
|
1,100,657
|
599,681,960
|
|
Workday, Inc., Class A(b)
|
|
329,260
|
52,793,548
|
|
|
|
|
6,865,736,712
|
|
Materials-2.37%
|
|||
|
CF Industries Holdings, Inc.
|
|
300,306
|
37,595,308
|
|
Corteva, Inc.
|
|
1,250,603
|
98,434,962
|
|
|
Shares
|
Value
|
|
|
Materials-(continued)
|
|||
|
International Flavors & Fragrances, Inc.
|
|
555,045
|
$43,970,665
|
|
Newmont Corp.
|
|
2,997,458
|
280,891,789
|
|
|
|
|
460,892,724
|
|
Total Common Stocks & Other Equity Interests
(Cost $16,841,848,840)
|
19,436,642,903
|
||
|
Money Market Funds-0.02%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $2,983,399)
|
|
2,983,399
|
2,983,399
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.97%
(Cost $16,844,832,239)
|
19,439,626,302
|
||
|
|
Shares
|
Value
|
|
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-1.07%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
56,396,215
|
$56,396,215
|
|
Invesco Private Prime Fund,
3.82%(d)(e)(f)
|
|
151,971,612
|
151,986,809
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $208,380,691)
|
208,383,024
|
||
|
TOTAL INVESTMENTS IN SECURITIES-101.04%
(Cost $17,053,212,930)
|
19,648,009,326
|
||
|
OTHER ASSETS LESS LIABILITIES-(1.04)%
|
(201,531,794
)
|
||
|
NET ASSETS-100.00%
|
$19,446,477,532
|
||
|
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
|
$11,520,015
|
$108,802,068
|
$(117,338,684
)
|
$-
|
$-
|
$2,983,399
|
$135,610
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
42,456,993
|
177,744,679
|
(163,805,457
)
|
-
|
-
|
56,396,215
|
390,294
*
|
|
Invesco Private Prime Fund
|
109,946,527
|
416,801,787
|
(374,760,752
)
|
3,686
|
(4,439
)
|
151,986,809
|
1,056,211
*
|
|
Total
|
$163,923,535
|
$703,348,534
|
$(655,904,893
)
|
$3,686
|
$(4,439
)
|
$211,366,423
|
$1,582,115
|
|
*
|
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-100.00%
|
|||
|
Communication Services-5.35%
|
|||
|
Liberty Live Holdings, Inc., Class C(b)
|
|
60,590
|
$5,974,174
|
|
Versant Media Group, Inc.
|
|
169,378
|
6,095,914
|
|
|
|
|
12,070,088
|
|
Consumer Discretionary-3.00%
|
|||
|
Phinia, Inc.(c)
|
|
44,378
|
3,265,777
|
|
Versigent PLC(b)
|
|
84,982
|
3,514,006
|
|
|
|
|
6,779,783
|
|
Financials-1.85%
|
|||
|
NCR Atleos Corp.(b)
|
|
88,547
|
4,164,365
|
|
Health Care-14.47%
|
|||
|
Fortrea Holdings, Inc.(b)
|
|
113,399
|
2,173,859
|
|
GE HealthCare Technologies, Inc.
|
|
271,661
|
18,478,381
|
|
Solventum Corp.(b)
|
|
140,207
|
11,979,286
|
|
|
|
|
32,631,526
|
|
Industrials-48.07%
|
|||
|
Amentum Holdings, Inc.(b)
|
|
184,719
|
4,100,762
|
|
Crane Co.
|
|
49,229
|
10,508,422
|
|
Everus Construction Group, Inc.(b)(c)
|
|
61,288
|
7,687,354
|
|
FedEx Freight Holding Co., Inc.(b)
|
|
73,564
|
10,337,949
|
|
GE Vernova, Inc.
|
|
16,406
|
16,246,698
|
|
Honeywell Aerospace, Inc.(b)
|
|
78,328
|
16,193,531
|
|
MasterBrand, Inc.(b)(c)
|
|
243,367
|
2,007,778
|
|
Midera Food Processing, Inc.(b)
|
|
49,862
|
2,390,883
|
|
Mobility Global, Inc.(b)
|
|
363,926
|
7,416,812
|
|
RXO, Inc.(b)(c)
|
|
197,914
|
4,007,758
|
|
U-Haul Holding Co., Series N
|
|
120,731
|
7,555,346
|
|
Veralto Corp.
|
|
191,532
|
18,036,568
|
|
Vestis Corp.(b)
|
|
134,604
|
1,946,374
|
|
|
|
|
108,436,235
|
|
Information Technology-16.56%
|
|||
|
Qnity Electronics, Inc.
|
|
123,591
|
16,212,667
|
|
Ralliant Corp.
|
|
134,353
|
8,782,656
|
|
Sandisk Corp.(b)
|
|
10,173
|
12,358,466
|
|
|
|
|
37,353,789
|
|
|
Shares
|
Value
|
|
|
Materials-6.82%
|
|||
|
Knife River Corp.(b)(c)
|
|
68,132
|
$4,985,218
|
|
Solstice Advanced Materials, Inc.
|
|
172,810
|
10,397,978
|
|
|
|
|
15,383,196
|
|
Real Estate-3.88%
|
|||
|
Curbline Properties Corp.(c)
|
|
116,392
|
3,566,251
|
|
Millrose Properties, Inc.
|
|
185,052
|
5,177,755
|
|
|
|
|
8,744,006
|
|
Total Common Stocks & Other Equity Interests
(Cost $194,749,276)
|
225,562,988
|
||
|
Money Market Funds-0.08%
|
|||
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $180,096)
|
|
180,096
|
180,096
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.08%
(Cost $194,929,372)
|
225,743,084
|
||
|
Investments Purchased with Cash Collateral from Securities
on Loan
|
|||
|
Money Market Funds-6.59%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
4,128,868
|
4,128,868
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
10,739,171
|
10,740,245
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $14,869,004)
|
14,869,113
|
||
|
TOTAL INVESTMENTS IN SECURITIES-106.67%
(Cost $209,798,376)
|
240,612,197
|
||
|
OTHER ASSETS LESS LIABILITIES-(6.67)%
|
(15,038,403
)
|
||
|
NET ASSETS-100.00%
|
$225,573,794
|
||
|
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
|
$103,280
|
$818,496
|
$(741,680
)
|
$-
|
$-
|
$180,096
|
$1,782
|
|
|
Value
April 30, 2026
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
(Loss)
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments Purchased with
Cash Collateral from Securities
on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government Fund
|
$5,914,623
|
$17,056,134
|
$(18,841,889
)
|
$-
|
$-
|
$4,128,868
|
$55,995
*
|
|
Invesco Private Prime Fund
|
15,368,130
|
37,841,761
|
(42,469,926
)
|
353
|
(73
)
|
10,740,245
|
153,391
*
|
|
Total
|
$21,386,033
|
$55,716,391
|
$(62,053,495
)
|
$353
|
$(73
)
|
$15,049,209
|
$211,168
|
|
*
|
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-99.96%
|
|||
|
Building Products-6.36%
|
|||
|
A.O. Smith Corp.
|
|
778,147
|
$46,789,979
|
|
Advanced Drainage Systems, Inc.
|
|
410,998
|
56,915,003
|
|
Zurn Elkay Water Solutions Corp.
|
|
469,021
|
23,690,251
|
|
|
|
|
127,395,233
|
|
Chemicals-8.69%
|
|||
|
Ecolab, Inc.
|
|
592,438
|
164,478,562
|
|
Hawkins, Inc.(b)
|
|
73,520
|
9,412,765
|
|
|
|
|
173,891,327
|
|
Commercial Services & Supplies-6.80%
|
|||
|
Tetra Tech, Inc.
|
|
1,489,539
|
49,393,113
|
|
Veralto Corp.
|
|
922,209
|
86,844,422
|
|
|
|
|
136,237,535
|
|
Construction & Engineering-5.79%
|
|||
|
AECOM
|
|
828,500
|
59,975,115
|
|
NWPX Infrastructure, Inc.(c)
|
|
46,494
|
5,722,482
|
|
Stantec, Inc. (Canada)
|
|
174,741
|
12,317,493
|
|
Valmont Industries, Inc.
|
|
78,513
|
37,819,712
|
|
|
|
|
115,834,802
|
|
Electronic Equipment, Instruments & Components-6.78%
|
|||
|
Badger Meter, Inc.(b)
|
|
271,055
|
36,416,239
|
|
Itron, Inc.(b)(c)
|
|
414,840
|
41,342,954
|
|
Trimble, Inc.(c)
|
|
1,024,217
|
57,950,198
|
|
|
|
|
135,709,391
|
|
Health Care Equipment & Supplies-6.47%
|
|||
|
IDEXX Laboratories, Inc.(c)
|
|
231,568
|
129,462,722
|
|
Life Sciences Tools & Services-10.60%
|
|||
|
Agilent Technologies, Inc.
|
|
559,512
|
77,419,675
|
|
Waters Corp.(b)(c)
|
|
357,550
|
134,907,191
|
|
|
|
|
212,326,866
|
|
Machinery-17.01%
|
|||
|
Energy Recovery, Inc.(c)
|
|
569,788
|
4,928,666
|
|
Franklin Electric Co., Inc.
|
|
126,018
|
13,196,605
|
|
Gorman-Rupp Co. (The)
|
|
65,496
|
5,317,620
|
|
IDEX Corp.
|
|
318,943
|
73,500,414
|
|
Lindsay Corp.
|
|
81,118
|
8,989,497
|
|
Mueller Industries, Inc.
|
|
587,378
|
39,007,773
|
|
Mueller Water Products, Inc., Class A
|
|
556,664
|
14,050,199
|
|
Pentair PLC
|
|
965,661
|
63,192,856
|
|
Watts Water Technologies, Inc., Class A(b)
|
|
108,487
|
37,513,720
|
|
Xylem, Inc.
|
|
692,310
|
80,979,501
|
|
|
|
|
340,676,851
|
|
Professional Services-3.35%
|
|||
|
Jacobs Solutions, Inc.
|
|
497,386
|
67,112,293
|
|
|
Shares
|
Value
|
|
|
Software-11.40%
|
|||
|
Bentley Systems, Inc., Class B(b)
|
|
1,287,102
|
$45,614,895
|
|
Roper Technologies, Inc.
|
|
465,898
|
182,618,039
|
|
|
|
|
228,232,934
|
|
Trading Companies & Distributors-9.30%
|
|||
|
Core & Main, Inc., Class A(b)(c)
|
|
1,097,085
|
48,238,827
|
|
Ferguson Enterprises, Inc.
|
|
588,965
|
138,012,169
|
|
|
|
|
186,250,996
|
|
Water Utilities-7.41%
|
|||
|
American States Water Co.
|
|
134,771
|
11,541,789
|
|
American Water Works Co., Inc.
|
|
615,199
|
82,541,250
|
|
California Water Service Group
|
|
224,667
|
11,258,063
|
|
Cia de Saneamento Basico do Estado de
Sao Paulo SABESP, ADR (Brazil)(b)
|
|
3,301,671
|
17,994,107
|
|
Consolidated Water Co. Ltd.
|
|
71,832
|
2,097,494
|
|
H2O America(b)
|
|
275,182
|
16,876,912
|
|
Middlesex Water Co.
|
|
66,308
|
3,799,449
|
|
York Water Co. (The)(b)
|
|
73,026
|
2,261,615
|
|
|
|
|
148,370,679
|
|
Total Common Stocks & Other Equity Interests
(Cost $1,646,126,193)
|
2,001,501,629
|
||
|
|
|||
|
Money Market Funds-0.13%
|
|
|
|
|
Invesco Government & Agency Portfolio,
Institutional Class, 3.64%(d)(e)
(Cost $2,636,166)
|
|
2,636,166
|
2,636,166
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-100.09%
(Cost $1,648,762,359)
|
2,004,137,795
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-7.27%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
38,120,109
|
38,120,109
|
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
107,401,607
|
107,412,347
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $145,526,684)
|
145,532,456
|
||
|
TOTAL INVESTMENTS IN SECURITIES-107.36%
(Cost $1,794,289,043)
|
2,149,670,251
|
||
|
OTHER ASSETS LESS LIABILITIES-(7.36)%
|
(147,309,670
)
|
||
|
NET ASSETS-100.00%
|
$2,002,360,581
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
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
|
$1,755,597
|
$10,934,598
|
$(10,054,029
)
|
$-
|
$-
|
$2,636,166
|
$16,444
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
24,849,737
|
111,168,934
|
(97,898,562
)
|
-
|
-
|
38,120,109
|
382,893
*
|
|
Invesco Private Prime Fund
|
65,597,196
|
274,243,480
|
(232,430,116
)
|
7,087
|
(5,300
)
|
107,412,347
|
1,047,077
*
|
|
Total
|
$92,202,530
|
$396,347,012
|
$(340,382,707
)
|
$7,087
|
$(5,300
)
|
$148,168,622
|
$1,446,414
|
|
*
|
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-99.96%
|
|||
|
Aerospace & Defense-3.76%
|
|||
|
Archer Aviation, Inc., Class A(b)(c)
|
|
1,412,717
|
$6,555,007
|
|
BETA Technologies, Inc.(b)
|
|
487,649
|
9,231,195
|
|
|
|
|
15,786,202
|
|
Automobile Components-4.69%
|
|||
|
Gentherm, Inc.(b)
|
|
217,650
|
8,832,237
|
|
QuantumScape Corp.(b)(c)
|
|
1,004,120
|
5,241,506
|
|
Solid Power, Inc.(b)(c)
|
|
2,729,093
|
5,621,932
|
|
|
|
|
19,695,675
|
|
Automobiles-7.45%
|
|||
|
NIO, Inc., ADR (China)(b)(c)
|
|
1,481,021
|
7,227,382
|
|
Niu Technologies, ADR (China)(b)(c)
|
|
1,309,674
|
3,392,056
|
|
Rivian Automotive, Inc., Class A(b)
|
|
495,308
|
7,538,588
|
|
Tesla, Inc.(b)
|
|
18,825
|
5,858,528
|
|
XPeng, Inc., ADR (China)(b)(c)
|
|
560,270
|
7,283,510
|
|
|
|
|
31,300,064
|
|
Chemicals-4.21%
|
|||
|
Albemarle Corp.
|
|
48,739
|
5,733,656
|
|
Aspen Aerogels, Inc.(b)
|
|
1,174,113
|
5,436,143
|
|
Sociedad Quimica y Minera de Chile S.A.,
ADR (Chile)
|
|
97,128
|
6,513,404
|
|
|
|
|
17,683,203
|
|
Construction & Engineering-7.37%
|
|||
|
Ameresco, Inc., Class A(b)
|
|
258,451
|
5,445,563
|
|
Cadeler A/S, ADR (Denmark)(b)(c)
|
|
353,252
|
8,022,353
|
|
MYR Group, Inc.(b)
|
|
15,498
|
5,164,243
|
|
Quanta Services, Inc.
|
|
9,634
|
6,429,346
|
|
Solv Energy, Inc., Class A(b)
|
|
207,774
|
5,907,015
|
|
|
|
|
30,968,520
|
|
Electric Utilities-1.95%
|
|||
|
Axia Energia S.A., ADR (Brazil)
|
|
781,263
|
8,179,824
|
|
Electrical Equipment-23.14%
|
|||
|
American Superconductor Corp.(b)
|
|
157,979
|
4,639,843
|
|
Amprius Technologies, Inc.(b)
|
|
488,308
|
4,687,757
|
|
Array Technologies, Inc.(b)(c)
|
|
943,177
|
4,923,384
|
|
Ballard Power Systems, Inc. (Canada)(b)
|
|
1,775,720
|
4,741,172
|
|
Bloom Energy Corp., Class A(b)
|
|
22,183
|
4,565,483
|
|
Energy Vault Holdings, Inc.(b)(c)
|
|
1,619,867
|
4,616,621
|
|
Enovix Corp.(b)(c)
|
|
1,083,881
|
4,433,073
|
|
Eos Energy Enterprises, Inc.(b)(c)
|
|
975,400
|
3,296,852
|
|
Fluence Energy, Inc.(b)
|
|
284,187
|
3,958,725
|
|
FuelCell Energy, Inc.(b)
|
|
314,536
|
6,797,123
|
|
Hyliion Holdings Corp.(b)
|
|
1,040,816
|
3,705,305
|
|
Nextpower, Inc., Class A(b)
|
|
62,432
|
5,610,764
|
|
Plug Power, Inc.(b)(c)
|
|
2,749,491
|
5,663,951
|
|
Powell Industries, Inc.
|
|
23,281
|
4,858,279
|
|
Preformed Line Products Co.
|
|
18,616
|
6,645,540
|
|
SES AI Corp.(b)(c)
|
|
7,277,672
|
4,005,631
|
|
Shoals Technologies Group, Inc., Class A(b)
|
|
683,649
|
5,975,092
|
|
Sunrun, Inc.(b)
|
|
525,644
|
5,156,568
|
|
T1 Energy, Inc. (Norway)(b)(c)
|
|
774,499
|
3,229,661
|
|
Tigo Energy, Inc.(b)(c)
|
|
2,967,944
|
5,668,773
|
|
|
|
|
97,179,597
|
|
Electronic Equipment, Instruments & Components-5.16%
|
|||
|
Advanced Energy Industries, Inc.
|
|
19,749
|
5,717,731
|
|
Bel Fuse, Inc., Class B
|
|
25,180
|
6,848,205
|
|
Itron, Inc.(b)
|
|
91,481
|
9,116,996
|
|
|
|
|
21,682,932
|
|
|
Shares
|
Value
|
|
|
Food Products-2.08%
|
|||
|
Darling Ingredients, Inc.(b)
|
|
144,115
|
$8,739,134
|
|
Independent Power and Renewable Electricity Producers-4.00%
|
|||
|
Brookfield Renewable Corp. (Canada)
|
|
188,678
|
6,292,411
|
|
Fervo Energy Co., Class A(b)(c)
|
|
196,926
|
4,438,712
|
|
Ormat Technologies, Inc.(c)
|
|
62,196
|
6,069,086
|
|
|
|
|
16,800,209
|
|
Machinery-1.63%
|
|||
|
ESCO Technologies, Inc.
|
|
21,768
|
6,863,233
|
|
Metals & Mining-10.85%
|
|||
|
Atlas Lithium Corp. (Poland)(b)(c)
|
|
714,023
|
1,956,423
|
|
ioneer Ltd., ADR (Australia)(b)(c)
|
|
1,984,838
|
6,927,085
|
|
Lifezone Metals Ltd. (Isle of Man)(b)(c)
|
|
1,804,932
|
6,118,719
|
|
Lithium Americas Corp. (Canada)(b)(c)
|
|
1,777,111
|
5,100,309
|
|
Lithium Argentina AG (Canada)(b)
|
|
851,919
|
5,120,033
|
|
MP Materials Corp.(b)(c)
|
|
127,205
|
5,262,471
|
|
Sigma Lithium Corp. (Brazil)(b)
|
|
574,583
|
5,671,134
|
|
Standard Lithium Ltd. (Canada)(b)(c)
|
|
2,274,253
|
4,639,476
|
|
USA Rare Earth, Inc.(b)(c)
|
|
318,012
|
4,754,279
|
|
|
|
|
45,549,929
|
|
Oil, Gas & Consumable Fuels-6.10%
|
|||
|
Gevo, Inc.(b)(c)
|
|
5,402,154
|
7,995,188
|
|
OPAL Fuels, Inc., Class A(b)(c)
|
|
4,309,595
|
10,127,548
|
|
REX American Resources Corp.(b)
|
|
174,419
|
7,506,994
|
|
|
|
|
25,629,730
|
|
Passenger Airlines-1.33%
|
|||
|
Joby Aviation, Inc.(b)(c)
|
|
777,970
|
5,562,485
|
|
Semiconductors & Semiconductor Equipment-12.46%
|
|||
|
Canadian Solar, Inc. (Canada)(b)(c)
|
|
502,805
|
7,582,299
|
|
Enphase Energy, Inc.(b)
|
|
146,371
|
5,494,767
|
|
First Solar, Inc.(b)
|
|
30,574
|
6,452,031
|
|
JinkoSolar Holding Co. Ltd., ADR (China)
|
|
448,219
|
6,786,036
|
|
Monolithic Power Systems, Inc.
|
|
4,891
|
6,974,713
|
|
Navitas Semiconductor Corp.(b)
|
|
315,545
|
3,426,819
|
|
SolarEdge Technologies, Inc.(b)
|
|
133,298
|
5,491,878
|
|
TOYO Co. Ltd. (Japan)(b)(c)
|
|
687,807
|
3,542,206
|
|
Universal Display Corp.(c)
|
|
82,028
|
6,575,364
|
|
|
|
|
52,326,113
|
|
Software-1.26%
|
|||
|
D-Wave Quantum, Inc. (Canada)(b)(c)
|
|
292,588
|
5,289,991
|
|
Specialty Retail-1.45%
|
|||
|
EVgo, Inc.(b)(c)
|
|
3,855,284
|
6,091,349
|
|
Technology Hardware, Storage & Peripherals-1.07%
|
|||
|
IonQ, Inc.(b)(c)
|
|
122,774
|
4,473,885
|
|
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased with cash collateral
from securities on loan)-99.96%
(Cost $553,836,796)
|
419,802,075
|
||
|
Investments Purchased with Cash Collateral
from Securities on Loan
|
|||
|
Money Market Funds-22.92%
|
|||
|
Invesco Private Government Fund,
3.69%(d)(e)(f)
|
|
26,860,559
|
26,860,559
|
|
|
Shares
|
Value
|
|
|
Money Market Funds-(continued)
|
|||
|
Invesco Private Prime Fund, 3.82%(d)(e)(f)
|
|
69,396,490
|
$69,403,430
|
|
Total Investments Purchased with Cash Collateral from
Securities on Loan
(Cost $96,262,372)
|
96,263,989
|
||
|
TOTAL INVESTMENTS IN SECURITIES-122.88%
(Cost $650,099,168)
|
516,066,064
|
||
|
OTHER ASSETS LESS LIABILITIES-(22.88)%
|
(96,092,051
)
|
||
|
NET ASSETS-100.00%
|
$419,974,013
|
||
|
Investment Abbreviations:
|
|
|
ADR
|
-American Depositary Receipt
|
|
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
|
$415,150
|
$6,865,494
|
$(7,280,644
)
|
$-
|
$-
|
$-
|
$7,559
|
|
Investments Purchased with
Cash Collateral from
Securities on Loan:
|
|
|
|
|
|
|
|
|
Invesco Private Government
Fund
|
32,365,864
|
82,094,191
|
(87,599,496
)
|
-
|
-
|
26,860,559
|
289,465
*
|
|
Invesco Private Prime Fund
|
83,721,151
|
157,066,747
|
(171,383,614
)
|
4,392
|
(5,246
)
|
69,403,430
|
779,964
*
|
|
Total
|
$116,502,165
|
$246,026,432
|
$(266,263,754
)
|
$4,392
|
$(5,246
)
|
$96,263,989
|
$1,076,988
|
|
*
|
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 Aerospace & Defense ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$8,261,201,763
|
$-
|
$-
|
$8,261,201,763
|
|
Money Market Funds
|
5,700,674
|
421,112,577
|
-
|
426,813,251
|
|
Total Investments
|
$8,266,902,437
|
$421,112,577
|
$-
|
$8,688,015,014
|
|
Invesco Bloomberg Analyst Rating Improvers ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$118,283,522
|
$-
|
$-
|
$118,283,522
|
|
Money Market Funds
|
42,813
|
6,745,063
|
-
|
6,787,876
|
|
Total Investments
|
$118,326,335
|
$6,745,063
|
$-
|
$125,071,398
|
|
Invesco Dorsey Wright Momentum ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$1,444,021,981
|
$-
|
$-
|
$1,444,021,981
|
|
Money Market Funds
|
1,177,228
|
27,546,728
|
-
|
28,723,956
|
|
Total Investments
|
$1,445,199,209
|
$27,546,728
|
$-
|
$1,472,745,937
|
|
Invesco Global Listed Private Equity ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$105,441,424
|
$109,285,868
|
$-
|
$214,727,292
|
|
Closed-End Funds
|
1,144,592
|
15,990,748
|
-
|
17,135,340
|
|
Money Market Funds
|
311,211
|
75,090,835
|
-
|
75,402,046
|
|
Total Investments
|
$106,897,227
|
$200,367,451
|
$-
|
$307,264,678
|
|
Invesco Golden Dragon China ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$98,287,589
|
$-
|
$-
|
$98,287,589
|
|
Money Market Funds
|
242,791
|
20,564,061
|
-
|
20,806,852
|
|
Total Investments
|
$98,530,380
|
$20,564,061
|
$-
|
$119,094,441
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Invesco MSCI Sustainable Future ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$54,563,464
|
$78,685,199
|
$286
|
$133,248,949
|
|
Money Market Funds
|
341,826
|
16,765,076
|
-
|
17,106,902
|
|
Total Investments
|
$54,905,290
|
$95,450,275
|
$286
|
$150,355,851
|
|
Invesco S&P 500 BuyWrite ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$362,598,688
|
$-
|
$0
|
$362,598,688
|
|
Money Market Funds
|
7,928
|
-
|
-
|
7,928
|
|
Total Investments in Securities
|
362,606,616
|
-
|
0
|
362,606,616
|
|
Other Investments - Liabilities*
|
|
|
|
|
|
Options Written
|
(4,612,520
)
|
-
|
-
|
(4,612,520
)
|
|
Total Investments
|
$357,994,096
|
$-
|
$0
|
$357,994,096
|
|
Invesco S&P 500® Quality ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$19,436,642,903
|
$-
|
$-
|
$19,436,642,903
|
|
Money Market Funds
|
2,983,399
|
208,383,024
|
-
|
211,366,423
|
|
Total Investments
|
$19,439,626,302
|
$208,383,024
|
$-
|
$19,648,009,326
|
|
Invesco S&P Spin-Off ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$225,562,988
|
$-
|
$-
|
$225,562,988
|
|
Money Market Funds
|
180,096
|
14,869,113
|
-
|
15,049,209
|
|
Total Investments
|
$225,743,084
|
$14,869,113
|
$-
|
$240,612,197
|
|
Invesco Water Resources ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$2,001,501,629
|
$-
|
$-
|
$2,001,501,629
|
|
Money Market Funds
|
2,636,166
|
145,532,456
|
-
|
148,168,622
|
|
Total Investments
|
$2,004,137,795
|
$145,532,456
|
$-
|
$2,149,670,251
|
|
Invesco WilderHill Clean Energy ETF
|
|
|
|
|
|
Investments in Securities
|
|
|
|
|
|
Common Stocks & Other Equity Interests
|
$419,802,075
|
$-
|
$-
|
$419,802,075
|
|
Money Market Funds
|
-
|
96,263,989
|
-
|
96,263,989
|
|
Total Investments
|
$419,802,075
|
$96,263,989
|
$-
|
$516,066,064
|
|
*
|
Options written are shown at value.
|