Consolidated Schedule of Investments(a)
Invesco Managed Futures Strategy ETF (IMF)
July 31, 2026
(Unaudited)
 
 
Shares
Value
Money Market Funds-91.88%
Invesco Premier U.S. Government Money
Portfolio, Institutional Class, 3.61%(b)(c)
 
222,913,108
$222,913,108
Invesco Liquidity Funds PLC, Invesco US
Dollar Liquidity Portfolio, Agency Class,
3.87%(b)(c)
 
70,741,200
70,741,200
TOTAL INVESTMENTS IN SECURITIES-91.88%
(Cost $293,654,308)
293,654,308
OTHER ASSETS LESS LIABILITIES-8.12%
25,948,717
NET ASSETS-100.00%
$319,603,025
 
Notes to Consolidated Schedule of Investments:
(a)
The Consolidated Schedule of Investments includes the accounts of the wholly-owned subsidiary. All inter-company accounts and transactions have been
eliminated in consolidations.
(b)
Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended July 31, 2026.
 
 
Value
October 31, 2025
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
Realized
Gain
Value
July 31, 2026
Dividend Income
Investments in Affiliated
Money Market Funds:
Invesco Liquidity Funds
PLC, Invesco US Dollar
Liquidity Portfolio, Agency
Class
$-
$145,228,626
$(74,487,426
)
$-
$-
$70,741,200
$1,454,948
Invesco Premier
U.S. Government Money
Portfolio, Institutional Class
178,766,970
157,032,494
(112,886,356
)
-
-
222,913,108
5,351,021
Invesco Liquidity Funds
PLC, Invesco US Dollar
Liquidity Portfolio,
Institutional Class
60,158,088
416,263
(60,574,351
)
-
-
-
319,208
Total
$238,925,058
$302,677,383
$(247,948,133
)
$-
$-
$293,654,308
$7,125,177
 
(c)
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
 
Open Futures Contracts
Long Futures Contracts
Number of
Contracts
Expiration
Month
Notional
Value
Value
Unrealized
Appreciation
(Depreciation)
Commodity Risk
 
Brent Crude Oil
46
October-2026
$4,044,780
$(101,360
)
$(101,360
)
Gasoline RBOB
42
September-2026
5,493,449
12,801
12,801
LME Copper
35
September-2026
12,102,238
237,882
237,882
LME Primary Aluminum
27
December-2026
2,145,980
63,348
63,348
Low Sulphur Gasoil
36
December-2026
3,705,300
476,643
476,643
New York Harbor Ultra-Low Sulfur Diesel
21
September-2026
3,612,231
225,329
225,329
Soybean
189
November-2026
11,221,875
(77,074
)
(77,074
)
Soybean Meal
80
December-2026
2,569,600
(93,927
)
(93,927
)
Soybean Oil
207
December-2026
8,308,980
(601,254
)
(601,254
)
Wheat
87
December-2026
2,860,125
76,098
76,098
WTI Crude Oil
48
September-2026
4,064,160
353,858
353,858
Subtotal—Commodity Risk
 
572,344
572,344
See accompanying notes which are an integral part of this schedule.
Invesco Managed Futures Strategy ETF (IMF)—(continued)
July 31, 2026
(Unaudited)
Open Futures Contracts—(continued)
Long Futures Contracts—(continued)
Number of
Contracts
Expiration
Month
Notional
Value
Value
Unrealized
Appreciation
(Depreciation)
Equity Risk
 
E-Mini Russell 2000 Index
79
September-2026
$11,605,100
$(16,667
)
$(16,667
)
E-Mini S&P 500 Index
35
September-2026
13,158,688
110,205
110,205
Eurex DAX Index
16
September-2026
11,832,264
239,756
239,756
EURO STOXX 50
156
September-2026
11,438,637
131,660
131,660
Euronext CAC 40 Index
132
August-2026
12,941,072
161,942
161,942
FTSE 100 Index
116
September-2026
16,961,027
510,878
510,878
FTSE/MIB Index
36
September-2026
10,839,568
(22,146
)
(22,146
)
MEFF Madrid IBEX 35 Index
59
August-2026
13,448,676
311,488
311,488
MSCI Emerging Markets Index
91
September-2026
7,472,465
(496,618
)
(496,618
)
OML Stockholm OMXS30 Index
388
August-2026
13,250,566
349,241
349,241
S&P/TSX 60 Index
68
September-2026
20,208,290
290,457
290,457
SPI 200 Index
73
September-2026
11,463,041
88,315
88,315
Tokyo Stock Price Index
47
September-2026
11,767,342
300,280
300,280
Subtotal—Equity Risk
 
1,958,791
1,958,791
Currency Risk
 
CME Australian Dollar Currency
280
September-2026
19,689,600
337,709
337,709
Subtotal—Long Futures Contracts
 
2,868,844
2,868,844
Short Futures Contracts
 
 
 
 
 
Commodity Risk
 
Gold
7
December-2026
(2,874,900
)
72,279
72,279
Natural Gas
125
December-2026
(4,611,250
)
1,039,243
1,039,243
Silver
2
September-2026
(577,860
)
27,235
27,235
Subtotal—Commodity Risk
 
1,138,757
1,138,757
Interest Rate Risk
 
Australia 10 Year Bonds
414
September-2026
(31,438,873
)
75,339
75,339
Canada 10 Year Bonds
275
September-2026
(23,284,385
)
203,211
203,211
Euro-Bobl
197
September-2026
(25,802,802
)
196,912
196,912
EURO-BTP
141
September-2026
(18,854,098
)
50,043
50,043
Euro-Bund
159
September-2026
(22,750,115
)
140,694
140,694
Euro-Buxl
94
September-2026
(11,444,620
)
97,348
97,348
Euro-OAT
199
September-2026
(26,818,037
)
116,226
116,226
Euro-Schatz
213
September-2026
(25,843,572
)
72,054
72,054
Long Gilt
209
September-2026
(24,326,331
)
673,393
673,393
SFE 3 Year Australian Bonds
430
September-2026
(31,467,794
)
6,765
6,765
U.S. Treasury 5 Year Notes
241
September-2026
(25,540,352
)
255,837
255,837
U.S. Treasury 10 Year Notes
236
September-2026
(25,488,000
)
372,315
372,315
U.S. Treasury 2 Year Notes
124
September-2026
(25,495,563
)
103,336
103,336
U.S. Treasury Long Bonds
153
September-2026
(16,571,812
)
642,282
642,282
Subtotal—Interest Rate Risk
 
3,005,755
3,005,755
Currency Risk
 
Canadian Dollar
372
September-2026
(26,584,980
)
241,521
241,521
CME British Pound Currency
60
September-2026
(5,055,750
)
(37,247
)
(37,247
)
CME Euro Foreign Exchange Currency
145
September-2026
(20,934,375
)
(57,608
)
(57,608
)
CME Japanese Yen Currency
284
September-2026
(22,416,475
)
(110,551
)
(110,551
)
See accompanying notes which are an integral part of this schedule.
Invesco Managed Futures Strategy ETF (IMF)—(continued)
July 31, 2026
(Unaudited)
Open Futures Contracts—(continued)
Short Futures Contracts—(continued)
Number of
Contracts
Expiration
Month
Notional
Value
Value
Unrealized
Appreciation
(Depreciation)
CME New Zealand Dollar Currency
301
September-2026
$(17,751,475
)
$(242,408
)
$(242,408
)
CME Swiss Franc Currency
121
September-2026
(18,800,375
)
331,028
331,028
Subtotal—Currency Risk
 
124,735
124,735
Subtotal—Short Futures Contracts
 
4,269,247
4,269,247
Total Futures Contracts
$7,138,091
$7,138,091
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Notes to Quarterly Schedule of Portfolio Holdings
July 31, 2026
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
As of July 31, 2026, all of the securities in the Fund were valued based on Level 1 inputs (see the Consolidated Schedule of Investments for security categories). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the consolidated financial statements may materially differ from the value received upon actual sale of those investments.