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Example. Example. <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOGlobalQuantitativeCoreFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesInvescoConservativeAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOBALANCEDRISKRETIREMENT2020FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOSmallCapGrowthFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOInternationalAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOMidCapCoreEquityFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOIncomeAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOModerateAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOBALANCEDRISKRETIREMENTNOWFUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOBALANCEDRISKRETIREMENT2050FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOBALANCEDRISKRETIREMENT2040FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOBALANCEDRISKRETIREMENT2030FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOGrowthAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleShareholderFeesINVESCOCONVERTIBLESECURITIESFUND column period compact * ~</div> 542 Example. 606 Example. 471 455 Example. 514 455 406 Example. 662 662 Example. 460 417 Example. 678 678 Example. Example. Example. 1483 1483 926 926 Example. Example. Example. 504 324 324 Fund Summaries - INVESCO GLOBAL QUANTITATIVE CORE FUND Fund Summaries - INVESCO MODERATE ALLOCATION FUND Fund Summaries - INVESCO INTERNATIONAL ALLOCATION FUND Fund Summaries - INVESCO BALANCED-RISK RETIREMENT NOW FUND Fund Summaries - INVESCO CONSERVATIVE ALLOCATION FUND Fund Summaries - INVESCO MID CAP CORE EQUITY FUND The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 86% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 38% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 11% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 27% of the average value of its portfolio. www.invesco.com/us Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 26% of the average value of its portfolio. 0.0491 The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 57% of the average value of its portfolio. 0.3983 www.invesco.com/us Fund Summaries - INVESCO BALANCED-RISK RETIREMENT 2030 FUND The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 9% of the average value of its portfolio. 0.0551 The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 15% of the average value of its portfolio. www.invesco.com/us Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. www.invesco.com/us Fund Summaries - INVESCO INCOME ALLOCATION FUND 0.0919 0.2802  The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 11% of the average value of its portfolio. 0.0418 www.invesco.com/us 0.0176 www.invesco.com/us 0.0595 Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. Fund Summaries - INVESCO BALANCED-RISK RETIREMENT 2020 FUND www.invesco.com/us www.invesco.com/us Fund Summaries - INVESCO BALANCED-RISK RETIREMENT 2040 FUND The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 15% of the average value of its portfolio. Fund Summaries - INVESCO BALANCED-RISK RETIREMENT 2050 FUND Fund Summaries - INVESCO SMALL CAP GROWTH FUND The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 22% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 14% of the average value of its portfolio. www.invesco.com/us 0.0586 0.0451 www.invesco.com/us www.invesco.com/us 0.048 www.invesco.com/us 0.0487 Fund Summaries - INVESCO CONVERTIBLE SECURITIES FUND Fund Summaries - INVESCO GROWTH ALLOCATION FUND 0.0286 0.0473 The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 28% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 38% of the average value of its portfolio. 707 698 www.invesco.com/us www.invesco.com/us 0.0612 0.0645 0.238 Shareholder Fees (fees paid directly from your investment) 0 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Shareholder Fees (fees paid directly from your investment) Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 0 0 100 0 0 Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Shareholder Fees (fees paid directly from your investment) 0 0 Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 0 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 112 87 0 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. 84 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 66 84 75 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 60 60 2005-04-29 2005-04-29 2005-04-30 2005-04-29 2005-04-30 2005-04-30 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOGlobalQuantitativeCoreFund column period compact * ~</div> The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesInvescoConservativeAllocationFund column period compact * ~</div> 2005-10-31 2005-10-31 2005-10-31 2004-04-30 2004-04-30 2004-04-30 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. 0 0 85 77 2005-10-31 2005-10-31 2005-10-31 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. 2002-03-15 2002-03-15 2002-03-15 2012-09-24 2007-01-31 2007-01-31 2007-01-31 2012-09-24 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOSmallCapGrowthFund column period compact * ~</div> 0 0 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. 87 87 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOInternationalAllocationFund column period compact * ~</div> Shareholder Fees (fees paid directly from your investment) 0 0 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOMidCapCoreEquityFund column period compact * ~</div> Shareholder Fees (fees paid directly from your investment) 0 0 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. 89 89 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOIncomeAllocationFund column period compact * ~</div> 89 89 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. Shareholder Fees (fees paid directly from your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOModerateAllocationFund column period compact * ~</div> The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. Shareholder Fees (fees paid directly from your investment) Shareholder Fees (fees paid directly from your investment) The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. 0 0 0 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 93 59 59 0 0 89 89 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark with investment objectives and strategies similar to the Fund. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOBALANCEDRISKRETIREMENTNOWFUND column period compact * ~</div> Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOBALANCEDRISKRETIREMENT2050FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOBALANCEDRISKRETIREMENT2040FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOBALANCEDRISKRETIREMENT2020FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOBALANCEDRISKRETIREMENT2030FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOGrowthAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualFundOperatingExpensesINVESCOCONVERTIBLESECURITIESFUND column period compact * ~</div> Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. Other Expenses and Total Annual Fund Operating Expenses for Class R6 shares are based on estimated amounts for the current fiscal year. Shareholder Fees (fees paid directly from your investment) 485BPOS AIM GROWTH SERIES (INVESCO GROWTH SERIES) 2012-09-21 2011-12-31 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. 0 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. 0 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0 312 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. 0 0 Principal Investment Strategies of the Fund 0 0 0 -0.0047 -0.0047 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 350 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 271 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.      The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.      Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.0034 Principal Investment Strategies of the Fund 0 Principal Investment Strategies of the Fund 262 -0.0834 -0.0244 <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.91% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 20.40% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -24.01% </div> -0.0075 -0.0075 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.      The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.      Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0.204 Average Annual Total Returns (for the periods ended December 31, 2011) 281 262 233 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 0.0541 0.042 0.0443 0.0362 0.0498       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. Principal Investment Strategies of the Fund This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.      The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.      Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Principal Investment Strategies of the Fund This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.0081 350 350 0.0403 Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 9.19% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2003): 20.94% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December  31, 2008): -26.62% </div> 0.0949 <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 5.51% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended September 30, 2009): 9.49% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -10.02% </div> Average Annual Total Returns (for the periods ended December 31, 2011) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Principal Investment Strategies of the Fund and the Underlying Funds <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 1.76% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 26.07% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -23.26% </div> Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Average Annual Total Returns (for the periods ended December 31, 2011) 0.2094 Principal Investment Strategies of the Fund Average Annual Total Returns (for the periods ended December 31, 2011) <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 5.86% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 11.04% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -11.01% </div> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.  This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.      The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.      Although your actual costs may be higher or lower, based on these assumptions, your costs would be: -0.0587 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOGlobalQuantitativeCoreFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsInvescoConservativeAllocationFundBarChart column period compact * ~</div> <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.18% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 17.03% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -21.34% </div>        Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. 0.1703 Average Annual Total Returns (for the periods ended December 31, 2011) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 2.86% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended September 30, 2009): 9.85% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -8.73% </div> Average Annual Total Returns (for the periods ended December 31, 2011) Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 265 240 <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 5.95% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 14.40% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December  31, 2008): -16.74% </div> 0.2607 0.0424 0.0292 0.0448 0.0365 0.015 2002-03-15 2002-03-15 2002-03-15 2012-09-24 0.144 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Average Annual Total Returns (for the periods ended December 31, 2011) 0.0381       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOSmallCapGrowthFundBarChart column period compact * ~</div> 0 0       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. Principal Investment Strategies of the Fund Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Average Annual Total Returns (for the periods ended December 31, 2011) This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 0 0 372 372 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOInternationalAllocationFundBarChart column period compact * ~</div> This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 0 0 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 0.1004 This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. 2004-04-30 2004-04-30 2004-04-30 0 0 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOMidCapCoreEquityFundBarChart column period compact * ~</div> 2007-01-31 2007-01-31 2012-09-24 2007-01-31 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Principal Investment Strategies of the Fund and the Underlying Funds -0.0102 -0.0102       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. 773 773 This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: Principal Investment Strategies of the Fund and the Underlying Funds 495 495 Principal Investment Strategies of the Fund and the Underlying Funds <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOIncomeAllocationFundBarChart column period compact * ~</div> <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.51% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 15.78% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -15.38% </div> 0.1104 0.1578 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOModerateAllocationFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOBALANCED-RISKRETIREMENT2020FUNDBarChart column period compact * ~</div>       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. Average Annual Total Returns (for the periods ended December 31, 2011)  After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.80% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 20.31% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -19.57%</div> Average Annual Total Returns (for the periods ended December 31, 2011) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 0.105 0.1037       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. 0.2031 Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.87% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 23.30% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -22.35% </div> 0.233 0.0642 This table describes the fees and expenses that you may pay if you buy and hold Institutional Class shares of the Fund. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. Average Annual Total Returns (for the periods ended December 31, 2011) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. 0 0.0985 0 0 0.1052 <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 4.73% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 22.18% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -21.31% </div> Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.       The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Funds operating expenses remain the same.       Although your actual costs may be higher or lower, based on these assumptions, your costs would be: 290 186 186 Principal Investment Strategies of the Fund 0.2218 Principal Investment Strategies of the Fund 0 0 -0.0051 -0.0049 382 387 Average Annual Total Returns (for the periods ended December 31, 2011) <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class R5 shares year-to-date (ended June 30, 2012): 6.12% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended June 30, 2009): 19.58% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): -23.30% </div> <div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Class A Shares year-to-date (ended June 30, 2012): 6.45% </div><div align="left"></div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Best Quarter (ended September 30, 2009): 16.51% </div><div style="TEXT-INDENT: 0%; FONT-FAMILY: Arial, Helvetica; BACKGROUND: none transparent scroll repeat 0% 0%; COLOR: #000000; MARGIN-LEFT: 0%; FONT-SIZE: 8pt; MARGIN-RIGHT: 0%" align="left">Worst Quarter (ended December 31, 2008): (15.67)% </div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. 2007-01-31 2007-01-31 2007-01-31 2012-09-24 Average Annual Total Returns (for the periods ended December 31, 2011) Average Annual Total Returns (for the periods ended December 31, 2011) After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOBALANCED-RISKRETIREMENTNOWFUNDBarChart column period compact * ~</div> Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangement, such as 401(k) plans or individual retirement accounts. Actual after-tax returns depend on an investors tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 0.1958 0.1651 -0.06 2007-01-31 2007-01-31 2007-01-31 2012-09-24 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOBALANCED-RISKRETIREMENT2030FUNDBarChart column period compact * ~</div> -0.0078 -0.0441 2004-04-30 2004-04-30 2004-04-30 2011-05-23 2011-05-23 2011-05-23 2012-09-24 <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOBALANCED-RISKRETIREMENT2050FUNDBarChart column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOBALANCED-RISKRETIREMENT2040FUNDBarChart column period compact * ~</div>        Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund. Principal Investment Strategies of the Fund and the Underlying Funds -0.0236 -0.0236 2007-01-31 2007-01-31 2007-01-31 2012-09-24 Total Annual Fund Operating Expenses have been restated to reflect the reorganization of one or more affiliated investment companies into the Fund. <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOGrowthAllocationFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAnnualTotalReturnsINVESCOCONVERTIBLESECURITIESFUNDBarChart column period compact * ~</div> 0000202032 2012-09-24 false Investment Objective(s) Fees and Expenses of the Fund Investment Objective(s) Investment Objective(s) Investment Objective(s) Fees and Expenses of the Fund 0 0.0018 0.0098 Fees and Expenses of the Fund Fees and Expenses of the Fund Investment Objective(s) 0 0.001 0.0082 Fees and Expenses of the Fund Fees and Expenses of the Fund Portfolio Turnover. Investment Objective(s) June 30, 2012 0 0.0022 0.011 0 The Fund invests primarily in equity securities, specifically, common and preferred stocks, convertible securities, rights and warrants to purchase common stock and depositary receipts.       The Fund invests, under normal circumstances, in issuers located in at least three different countries, including the U.S.       The Fund emphasizes investment in issuers in the U.S. and in the developed countries of Western Europe and in the Pacific Basin. The Fund may also invest up to 20% of its total assets in issuers located in developing countries, i.e., those that are in the initial stages of their industrial cycles. As of December 31, 2011, the principal countries in which the Fund was invested were the United States, Japan, the United Kingdom, Canada and Sweden.       The portfolio managers will consider selling or reducing a security position (i) if the forecasted return of a security becomes less attractive relative to industry peers or (ii) if a particular securitys risk profile changes.       The portfolio managers use quantitative, research based models to select potential investment securities. They then use proprietary and non-proprietary models to forecast risks and transaction costs. This information is used to structure the Funds portfolio. When building the portfolio, the portfolio managers consider the securities of the MSCI World Index as well as securities that are not included in the MSCI World Index. They then apply a quantitative stock selection model to the securities to create a return/risk forecast prior to constructing the portfolio.       The Fund can invest in derivatives, including index futures.       Index futures can be used to gain exposure to the broad market by equitizing cash and as a hedge against downside risk. A stock index futures contract is an exchange-traded contract that provides for the delivery, at a designated date, time and place, of an amount of cash equal to a specified dollar amount times the difference between the stock index value at the close of trading on the date specified in the contract and the price agreed upon in the futures contract; no physical delivery of stocks comprising the index is made. 0.0021 0.0085 0 0 0 0.0005 0.0014 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:       Currency/Exchange Rate Risk. The dollar value of the Funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Depositary Receipts Risk. Depositary receipts involve many of the same risks as those associated with direct investment in foreign securities. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts or to pass through to them any voting rights with respect to the deposited securities.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives may include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. The Fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while the Fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Foreign Securities Risk. The Funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Geographic Concentration Risk. Because the Fund has a significant level of investment in issuers in the developed countries of Western Europe and Japan, the Funds performance is expected to be closely tied to social, political and economic conditions within countries in those regions and to be more volatile than the performance of more geographically diversified funds.       Management Risk. The investment techniques and risk analysis used by the Funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the Funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk. As with any mutual fund investment, loss of money is a risk of investing. Portfolio Turnover. 0.0073 0.0034 Portfolio Turnover. 0.0099 0.0065 The Fund is a “fund of funds,” and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco and/or the Adviser) and exchange-traded funds advised by Invesco PowerShares Capital Management LLC (PowerShares Capital) (the underlying funds). Invesco and PowerShares Capital are affiliates of each other as they are both indirect wholly-owned subsidiaries of Invesco Ltd. The Fund invests its assets in a selection of underlying funds that invest primarily in global or international securities. The underlying funds may invest a portion of their assets in securities of domestic issuers. The Fund’s target allocation is to invest 100% of its total assets in underlying funds that invest primarily in equity securities. A portion of the underlying fund’s assets may be invested in fixed-income securities.      In complying with their investment policies, certain underlying funds may also invest in synthetic securities that have economic characteristics similar to an underlying fund’s direct investments.      In attempting to meet their investment objectives, certain underlying funds engage in active and frequent trading of portfolio securities.      The Adviser uses a three-step process to create the Fund’s portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser balances the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Fund’s asset class allocations, underlying funds and target weightings in the underlying funds.      The Adviser rebalances the Fund’s investments in the underlying funds on an annual basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Fund’s asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Fund’s asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Fund’s SAI. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. 0.0082 The Fund is a fund of funds, and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco and/or the Adviser) and exchange-traded funds advised by Invesco PowerShares Capital Management LLC (PowerShares Capital) or other unaffiliated advisers (the underlying funds). Invesco and PowerShares Capital are affiliates of each other as they are both indirect wholly-owned subsidiaries of Invesco Ltd. The Funds target allocation is to invest approximately 27%-37% of its total assets in underlying funds that invest primarily in equity securities (equity funds), approximately 50%-60% of its total assets in underlying funds that invest primarily in fixed-income securities (fixed-income funds) and approximately 10%-15% of its total assets in alternative asset classes and investment strategies which may include commodities.       In complying with their investment policies, certain underlying funds may also invest in synthetic securities that have economic characteristics similar to an underlying funds direct investments.       Approximately 15%-20% of the assets that are invested will be allocated to underlying funds that invest primarily in foreign securities. Approximately 3%-5% of the assets that are invested in alternative classes will be allocated to underlying funds that invest primarily in commodities.       In attempting to meet their investment objectives, certain underlying funds engage in active and frequent trading of portfolio securities.       The Adviser uses a three-step process to create the Funds portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser attempts to balance the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Funds asset class allocations, underlying funds and target weightings in the underlying funds.       Based on the portfolio managers research, the strategic allocations of the portfolios are broadly diversified to gain exposure to areas of the market that the portfolio managers believe may perform well over a full market cycle, including periods of adverse economic environments such as recessions and inflationary growth. The portfolio managers gain exposure to the desired asset class by selecting the most representative funds. The Adviser rebalances the Funds investments in the underlying funds on a quarterly basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Funds asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Funds asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Funds SAI.       The Fund may also invest up to 20% of its total assets in affiliated or unaffiliated exchange-traded funds. An exchange-traded fund is a security that tracks an index, a commodity or a basket of assets, but trades like a stock on an exchange. Exchange-traded funds experience price changes throughout the day as they are bought and sold. Annual Total Returns 0.0997 -0.4411 0.389 0.1237 -0.4364 0.2847 0.1376 0 0 0.0075 0.0075 0.0134 0.0134 Portfolio Turnover. 0.0059 0.0059 Class R5 shares year-to-date 2009-06-30 Worst Quarter 2008-12-31 -0.0244 -0.0275 -0.0117 -0.0554 -0.0471 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risk of investing in the Fund is that the Funds performance depends on the performance of the multiple underlying funds in which it invests, and it is subject to the risks of the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, which may cause the Fund to withdraw its investments therein at a disadvantageous time. The principal risks of investing in the underlying funds, and therefore the Fund, are:       Active Trading Risk. Certain underlying funds engage in frequent trading of portfolio securities. Active trading results in added expenses and may result in a lower return and increased tax liability.       Call Risk. If interest rates fall, it is possible that issuers of debt securities with high interest rates will prepay or call their securities before their maturity dates. In this event, the proceeds from the called securities would likely be reinvested by an underlying fund in securities bearing the new, lower interest rates, resulting in a possible decline in an underlying funds income and distributions to shareholders.       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.       Concentration Risk. To the extent an underlying fund invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Dollar Roll Transactions Risk. Dollar roll transactions involve the risk that the market value and yield of the securities retained by the underlying fund may decline below the price of the mortgage-related securities sold by the underlying fund that it is obligated to repurchase.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       High Yield Bond (Junk Bond) Risk. Junk bonds involve a greater risk of default or price changes due to changes in the credit quality of the issuer. The values of junk bonds fluctuate more than those of high-quality bonds in response to company, political, regulatory or economic developments. Values of junk bonds can decline significantly over short periods of time.       Indexing Risk. Unlike many investment companies, an underlying fund does not utilize an investing strategy that seeks returns in excess of the underlying index of certain underlying exchange-traded funds. Therefore, it would not necessarily sell a security unless that security is removed from the underlying index.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.       Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.       Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.       Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.       Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Market Trading Risk. Risk is inherent in all investing. An investment in an underlying fund involves risks similar to those of investing in any underlying fund of equity or fixed-income securities traded on exchanges. You should anticipate that the value of the shares will decline, more or less, in correlation with any decline in value of the underlying index of certain underlying exchange-traded funds.       Mortgage- and Asset-Backed Securities Risk. Certain of the underlying funds may invest in mortgage- and asset-backed securities that are subject to prepayment or call risk, which is the risk that the borrowers payments may be received earlier or later than expected due to changes in prepayment rates on underlying loans. Faster prepayments often happen when interest rates are falling. As a result, an underlying fund may reinvest these early payments at lower interest rates, thereby reducing an underlying funds income. Conversely, when interest rates rise, prepayments may happen more slowly, causing the security to lengthen in duration. Longer duration securities tend to be more volatile. Securities may be prepaid at a price less than the original purchase value. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may adversely affect the value of mortgage-backed securities and could result in losses to an underlying fund. The risk of such defaults is generally higher in the case of mortgage pools that include subprime mortgages. Subprime mortgages refer to loans made to borrowers with weakened credit histories or with lower capacity to make timely payments on their mortgages.       Non-Correlation Risk. An underlying funds return may not match the return of the underlying index of certain underlying exchange-traded funds for a number of reasons. For example, an underlying fund incurs operating expenses not applicable to the underlying index of certain exchange-traded funds, and incurs costs in buying and selling securities, especially when rebalancing an underlying funds securities holdings to reflect changes in the composition of the underlying index of certain underlying exchange-traded funds. In addition, the performance of an underlying fund and the underlying index of certain underlying exchange-traded funds may vary due to asset valuation differences and differences between an underlying funds portfolio and the underlying index of certain underlying exchange-traded funds resulting from legal restrictions, cost or liquidity constraints.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Reinvestment Risk. Reinvestment risk is the risk that a bonds cash flows (coupon income and principal repayment) will be reinvested at an interest rate below that on the original bond.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.       Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk.       Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:       Foreign Securities Risk. The Funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.      Growth Investing Risk. Growth stocks tend to be more expensive relative to their earnings or assets compared with other types of stock. As a result they tend to be more sensitive to changes in their earnings and can be more volatile.      Management Risk. The investment techniques and risk analysis used by the Funds portfolio managers may not produce the desired results.      Market Risk. The prices of and the income generated by the Funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Small- and Mid-Capitalization Risks. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of small and mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.      Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk. The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of small-capitalization issuers. In complying with the 80% investment requirement, the Fund may include synthetic securities that have economic characteristics similar to the Funds direct investments that are counted toward the 80% investment requirement. The Fund invests primarily in equity securities of issuers that are considered by the Funds portfolio managers to have strong earnings growth.      The Fund considers an issuer to be a small-capitalization issuer if it has a market capitalization, at the time of purchase, no larger than the largest capitalized issuer included in the Russell 2000® Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. As of December 30, 2011, the capitalization of companies in the Russell 2000® Index ranged from $16 million to $3.7 billion.      The Fund may also invest up to 25% of its total assets in foreign securities.      In selecting investments, the portfolio managers generally utilize a disciplined portfolio construction process that aligns the Fund with the Russell 2000® Growth Index which the portfolio managers believe represents the small cap growth asset class. The security selection process is based on a three-step process that includes fundamental, valuation and timeliness analysis focused on identifying high quality, fundamentally sound issuers operating in an attractive industry; attractively valued securities given their growth potential over a one- to two-year horizon; and the timeliness of a purchase, respectively. The timeliness analysis includes a review of relative price strength, trading volume characteristics and trend analysis to look for signs of deterioration. If a stock shows signs of deterioration, it is generally not considered it as a candidate for the portfolio.       The portfolio managers consider selling a security if a change in industry or issuer fundamentals indicates a problem, the price target set at purchase is exceeded or a change in technical outlook indicates poor relative strength. Portfolio Turnover. As with any mutual fund investment, loss of money is a risk of investing. 0.0893 The Fund is a fund of funds, and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco and/or the Adviser) and exchange-traded funds advised by Invesco PowerShares Capital Management LLC (PowerShares Capital) or other unaffiliated advisers (the underlying funds). Invesco and PowerShares Capital are affiliates of each other as they are both indirect wholly-owned subsidiaries of Invesco Ltd. The Funds target allocation is to invest approximately 47%57% of its total assets in underlying funds that invest primarily in equity securities (equity funds), approximately 25%35% of its total assets in underlying funds that invest primarily in fixed-income securities (fixed-income funds) and approximately 15%20% of its total assets in alternative asset classes and investment strategies which may include commodities.       In complying with their investment policies, certain underlying funds may also invest in synthetic securities that have economic characteristics similar to an underlying funds direct investments.       Approximately 20%25% of the assets that are invested will be allocated to underlying funds that invest primarily in foreign securities. Approximately 4%6% of the assets that are invested in alternative classes will be allocated to underlying funds that invest primarily in commodities.       In attempting to meet their investment objectives, certain underlying funds engage in active and frequent trading of portfolio securities.       The Adviser uses a three-step process to create the Funds portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser attempts to balance the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Funds asset class allocations, underlying funds and target weightings in the underlying funds.       Based on the portfolio managers research, the strategic allocations of the portfolios are broadly diversified to gain exposure to areas of the market that the portfolio managers believe may perform well over a full market cycle, including periods of adverse economic environments such as recessions and inflationary growth. The portfolio managers gain exposure to the desired asset class by selecting the most representative funds. The Adviser rebalances the Funds investments in the underlying funds on a quarterly basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Funds asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Funds asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Funds SAI.        The Fund may also invest up to 20% of its total assets in affiliated or unaffiliated exchange-traded funds. An exchange-traded fund is a security that tracks an index, a commodity or a basket of assets, but trades like a stock on an exchange. Exchange-traded funds experience price changes throughout the day as they are bought and sold. -0.3853 0.3516 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. 0.2682 Annual Total Returns -0.2087 0.1748 0.0957 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of mid-capitalization companies. In complying with the 80% investment requirement, the Fund may include synthetic securities that have economic characteristics similar to the Funds direct investments that are counted toward the 80% investment requirement.      The Fund considers a company to be a mid-capitalization company if it has a market capitalization, at the time of purchase, within the range of the largest and smallest capitalized companies included in the Russell Midcap® Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. As of January 31, 2012, the capitalization of companies in the Russell Midcap® Index ranged from $108 million to $20.7 billion.      The Fund may invest up to 25% of its total assets in foreign securities.      The Fund can invest in derivatives, including forward foreign currency contracts and index futures.      Index futures can be used to gain exposure to the broad market by equitizing cash and as a hedge against downside risk. A stock index futures contract is an exchange-traded contract that provides for the delivery, at a designated date, time and place, of an amount of cash equal to a specified dollar amount times the difference between the stock index value at the close of trading on the date specified in the contract and the price agreed upon in the futures contract; no physical delivery of stocks comprising the index is made.      The Fund can utilize forward foreign currency contracts to mitigate the risk of foreign currency exposure. A forward foreign currency contract is an agreement between parties to exchange a specified amount of currency at a specified future time at a specified rate. Forward foreign currency contracts are used to protect against uncertainty in the level of future currency exchange rates or to gain or modify exposure to a particular currency. The Fund will use these contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.      In selecting securities for the Fund, the portfolio managers conduct fundamental research of issuers to gain a thorough understanding of their business prospects, appreciation potential and return on invested capital (ROIC). The process they use to identify potential investments for the Fund includes three phases: financial analysis, business analysis and valuation analysis. The portfolio managers will generally invest in an issuer when they have determined it potentially has high or improving ROIC, quality management, a strong competitive position and is trading at an attractive valuation.      The portfolio managers consider selling a security when it exceeds the target price, has not shown a demonstrable improvement in fundamentals or a more compelling investment opportunity exists.      The Fund employs a risk management strategy to help minimize loss of capital and reduce excessive volatility. Pursuant to this strategy, the Fund generally invests a substantial amount of its assets in cash and cash equivalents. As a result, the Fund may not achieve its investment objective. Class R5 shares year-to-date 2009-09-30 Worst Quarter 2008-12-31 Portfolio Turnover. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:      Cash/Cash Equivalents Risk. Holding cash or cash equivalents may negatively affect performance.      Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives may include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. The Fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while the Fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.      Foreign Securities Risk. The Funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Management Risk. The investment techniques and risk analysis used by the Funds portfolio managers may not produce the desired results.      Market Risk. The prices of and the income generated by the Funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.      Small- and Mid-Capitalization Risks. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of small and mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.      Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk. 0.0403 0.028 0.0383 0.0209 0.0273 0.0253 As with any mutual fund investment, loss of money is a risk of investing. 0.034 0.051 0.0494 0.0415 0.0285 0.0286 As with any mutual fund investment, loss of money is a risk of investing. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Annual Total Returns Annual Total Returns Investment Objective(s) Fees and Expenses of the Fund 2003-06-30 Portfolio Turnover. Worst Quarter 2008-12-31 Class R5 shares year-to-date Annual Total Returns 0.0792 -0.2719 0.3084 The Fund is a fund of funds, and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco and/or the Adviser). The Fund invests its assets in a selection of underlying funds which invest primarily in international or domestic equities, fixed-income securities or real estate investment trusts. The Funds target allocation is to invest 60%-70% of its total assets in underlying funds that invest primarily in fixed-income securities and 30%-40% of its total assets in underlying funds that invest primarily in equity securities.      In complying with their investment policies, certain underlying funds may also invest in synthetic securities that have economic characteristics similar to an underlying funds direct investments.       In attempting to meet their investment objectives, certain underlying funds engage in active and frequent trading of portfolio securities.       The Adviser uses a three-step process to create the Funds portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser balances the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Funds asset class allocations, underlying funds and target weightings in the underlying funds.       The Adviser rebalances the Funds investments in the underlying funds on an annual basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Funds asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Funds asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Funds SAI. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risk of investing in the Fund is that the Funds performance depends on the performance of the multiple underlying funds in which it invests, and it is subject to the risks of the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, which may cause the Fund to withdraw its investments therein at a disadvantageous time. The principal risks of investing in the underlying funds, and therefore the Fund, are:      Active Trading Risk. Certain underlying funds engage in frequent trading of portfolio securities. Active trading results in added expenses and may result in a lower return and increased tax liability.      Call Risk. If interest rates fall, it is possible that issuers of debt securities with high interest rates will prepay or call their securities before their maturity dates. In this event, the proceeds from the called securities would likely be reinvested by an underlying fund in securities bearing the new, lower interest rates, resulting in a possible decline in an underlying funds income and distributions to shareholders.       Collateralized Loan Obligations Risk. In addition to the normal interest rate, default and other risk of fixed income securities, collateralized loan obligations carry additional risks, including the possibility that distributions from collateral securities will not be adequate to make interest or other payments, the quality of the collateral may decline in value or default, an underlying fund may invest in collateralized loan obligations that are subordinate to other classes, values may be volatile, and disputes with the issuer may produce unexpected investment results.      Concentration Risk. To the extent an underlying fund invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.      Convertible Securities Risk. An underlying fund may own convertible securities, the value of which may be affected by market interest rates, the risk that the issuer will default, the value of the underlying stock or the right of the issuer to buy back the convertible securities.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.      Credit Linked Notes Risk. Risks of credit linked notes include those risks associated with the underlying reference obligation including but not limited to market risk, interest rate risk, credit risk, default risk and foreign currency risk. In the case of a credit linked note created with credit default swaps, the structure will be funded such that the par amount of the security will represent the maximum loss that could be incurred on the investment and no leverage is introduced. An investor in a credit linked note bears counterparty risk or the risk that the issuer of the credit linked note will default or become bankrupt and not make timely payment of principal and interest of the structured security.      Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.      Debt Securities Risk. An underlying fund may invest in debt securities that are affected by changing interest rates and changes in their effective maturities and credit quality.      Defaulted Securities Risk. Defaulted securities involve the substantial risk that principal will not be repaid. Defaulted securities and any securities received in an exchange for such securities may be subject to restrictions on resale.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.      Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Dollar Roll Transactions Risk. Dollar roll transactions involve the risk that the market value and yield of the securities retained by the underlying fund may decline below the price of the mortgage-related securities sold by the underlying fund that it is obligated to repurchase.      Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.      Financial Institutions Risk. Investments in financial institutions may be subject to certain risks, including, but not limited to, the risk of regulatory actions, changes in interest rates and concentration of loan portfolios in an industry or sector. Financial institutions are highly regulated and may suffer setbacks should regulatory rules and interpretations under which they operate change. Likewise, there is a high level of competition among financial institutions which could adversely affect the viability of an institution.      Floating Rate Risk. Some of the underlying funds may invest in senior secured floating rate loans and debt securities that require collateral. There is a risk that the value of the collateral may not be sufficient to cover the amount owed, collateral securing a loan may be found invalid, and collateral may be used to pay other outstanding obligations of the borrower under applicable law or may be difficult to sell. There is also the risk that the collateral may be difficult to liquidate, or that a majority of the collateral may be illiquid.      Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.      High Yield Bond (Junk Bond) Risk. Junk bonds involve a greater risk of default or price changes due to changes in the credit quality of the issuer. The values of junk bonds fluctuate more than those of high-quality bonds in response to company, political, regulatory or economic developments. Values of junk bonds can decline significantly over short periods of time.       Income Risk. The income you receive from an underlying fund is based primarily on prevailing interest rates, which can vary widely over the short- and long-term. If interest rates drop, your income from an underlying fund may drop as well.      Industry Focus Risk. To the extent an underlying fund invests in securities issued or guaranteed by companies in the banking and financial services industries, the underlying funds performance will depend on the overall condition of those industries, which may be affected by the following factors: the supply of short-term financing, changes in government regulation and interest rates, and overall economy.      Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.      Large Investor Risk. An underlying fund may accept investments from funds of funds, as well as from similar investment vehicles, such as 529 Plans. From time to time, an underlying fund may experience large investments or redemptions due to allocations or rebalancings by these funds of funds and/or similar investment vehicles. While it is impossible to predict the overall impact of these transactions over time, there could be adverse effects on portfolio management. For example, an underlying fund may be required to sell securities or invest cash at times when it would not otherwise do so. These transactions could also have tax consequences if sales of securities result in gains, and could also increase transaction costs or portfolio turnover.      Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.      Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.      Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.      Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Mortgage- and Asset-Backed Securities Risk. Certain of the underlying funds may invest in mortgage- and asset-backed securities that are subject to prepayment or call risk, which is the risk that the borrowers payments may be received earlier or later than expected due to changes in prepayment rates on underlying loans. Faster prepayments often happen when interest rates are falling. As a result, an underlying fund may reinvest these early payments at lower interest rates, thereby reducing an underlying funds income. Conversely, when interest rates rise, prepayments may happen more slowly, causing the security to lengthen in duration. Longer duration securities tend to be more volatile. Securities may be prepaid at a price less than the original purchase value. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may adversely affect the value of mortgage-backed securities and could result in losses to an underlying fund. The risk of such defaults is generally higher in the case of mortgage pools that include subprime mortgages. Subprime mortgages refer to loans made to borrowers with weakened credit histories or with lower capacity to make timely payments on their mortgages.      Non-Correlation Risk. The return of an underlying funds preferred equity segment may not match the return of the Index for a number of reasons. For example, an underlying fund incurs operating expenses not applicable to the Index, and incurs costs in buying and selling securities, especially when rebalancing securities holdings to reflect changes in the Index. In addition, the performance of the preferred equity segment and the Index may vary due to asset valuation differences and differences between the preferred equity segment and the Index resulting from legal restrictions, costs or liquidity constraints.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.      Preferred Securities Risk. Preferred securities may include provisions that permit the issuer, in its discretion, to defer or omit distributions for a certain period of time. If an underlying fund owns a security that is deferring or omitting its distributions, an underlying fund may be required to report the distribution on its tax returns, even though it may not have received this income. Further, preferred securities may lose substantial value due to the omission or deferment of dividend payments.      Prepayment Risk. An issuers ability to prepay principal on a loan or debt security prior to maturity can limit an underlying funds potential gains. Prepayments may require the underlying fund to replace the loan or debt security with a lower yielding security, adversely affecting an underlying funds yield.      Reinvestment Risk. Reinvestment risk is the risk that a bonds cash flows (coupon income and principal repayment) will be reinvested at an interest rate below that on the original bond.      REIT Risk/Real Estate Risk. Investments in real estate related instruments may be affected by economic, legal, cultural, environmental or technological factors that affect property values, rents or occupancies of real estate related to an underlying funds holdings. Real estate companies, including REITs or similar structures, tend to be small and mid cap companies, and their shares may be more volatile and less liquid. The value of investments in real estate related companies may be affected by the quality of management, the ability to repay loans, the utilization of leverage and financial covenants related thereto, whether the company carries adequate insurance and environmental factors. If a real estate related company defaults, an underlying fund may own real estate directly, which involves the following additional risks: environmental liabilities, difficulty in valuing and selling the real estate, and economic or regulatory changes.      Sector Fund Risk. Certain of the underlying funds investments are concentrated in a comparatively narrow segment of the economy, which may make the underlying fund more volatile than non-concentrated underlying funds.      Short Sales Risk. Short sales may cause an underlying fund to repurchase a security at a higher price, causing a loss. As there is no limit on how much the price of the security can increase, an underlying funds exposure is unlimited.      Small- and Mid-Capitalization Risks. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of small and mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.       Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk.       Tax Risk. If the U.S. Treasury Department were to exercise its authority to issue regulations that exclude from the definition of qualifying income foreign currency gains not directly related to the underlying funds business of investing in securities, the underlying fund may be unable to qualify as a regulated investment company for one or more years. In this event, the underlying funds Board may authorize a significant change in investment strategy or underlying fund liquidation.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default.      Utilities Sector Risk. The following factors may affect an underlying funds investments in the utilities sector: governmental regulation, economic factors, ability of the issuer to obtain financing, prices of natural resources and risks associated with nuclear power.      Value Investing Style Risk. Certain of the underlying funds emphasize a value style of investing, which focuses on undervalued companies with characteristics for improved valuations. This style of investing is subject to the risk that the valuations never improve or that the returns on value equity securities are less than returns on other styles of investing or the overall stock market. Value stocks also may decline in price, even though in theory they are already underpriced. -0.0834 -0.0863 -0.0506 -0.1371 -0.1214 -0.1197 0.0313 0.0233 0.0254 0.0276 0.0101 0.0247 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risk of investing in the Fund is that the Funds performance depends on the performance of the multiple underlying funds in which it invests, and it is subject to the risks of the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, which may cause the Fund to withdraw its investments therein at a disadvantageous time. The principal risks of investing in the underlying funds, and therefore the Fund, are:       Active Trading Risk. Certain underlying funds engage in frequent trading of portfolio securities. Active trading results in added expenses and may result in a lower return and increased tax liability.       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.        Concentration Risk. To the extent an underlying fund invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.        Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Dollar Roll Transactions Risk. Dollar roll transactions involve the risk that the market value and yield of the securities retained by the underlying fund may decline below the price of the mortgage-related securities sold by the underlying fund that it is obligated to repurchase.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       High Yield Bond (Junk Bond) Risk. Junk bonds involve a greater risk of default or price changes due to changes in the credit quality of the issuer. The values of junk bonds fluctuate more than those of high-quality bonds in response to company, political, regulatory or economic developments. Values of junk bonds can decline significantly over short periods of time.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.        Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.        Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.        Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Mortgage- and Asset-Backed Securities Risk. Certain of the underlying funds may invest in mortgage- and asset-backed securities that are subject to prepayment or call risk, which is the risk that the borrowers payments may be received earlier or later than expected due to changes in prepayment rates on underlying loans. Faster prepayments often happen when interest rates are falling. As a result, an underlying fund may reinvest these early payments at lower interest rates, thereby reducing an underlying funds income. Conversely, when interest rates rise, prepayments may happen more slowly, causing the security to lengthen in duration. Longer duration securities tend to be more volatile. Securities may be prepaid at a price less than the original purchase value. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may adversely affect the value of mortgage-backed securities and could result in losses to an underlying fund. The risk of such defaults is generally higher in the case of mortgage pools that include subprime mortgages. Subprime mortgages refer to loans made to borrowers with weakened credit histories or with lower capacity to make timely payments on their mortgages.        Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.        Reinvestment Risk. Reinvestment risk is the risk that a bonds cash flows (coupon income and principal repayment) will be reinvested at an interest rate below that on the original bond.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.       Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOGlobalQuantitativeCoreFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedInvescoConservativeAllocationFund column period compact * ~</div> As with any mutual fund investment, loss of money is a risk of investing. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the Fund and the underlying funds are:      Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.      Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.      Concentration Risk. To the extent Invesco Balanced-Risk Allocation Fund, an underlying fund, invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.      Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.      Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.      Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.      Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.      Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.      Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.      Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.      Foreign Credit Exposure Risk. U.S. dollar-denominated securities carrying foreign credit exposure may be affected by unfavorable political, economic or governmental developments that could affect payments of principal and interest.      Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.      Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.      Industry Focus Risk. To the extent an underlying fund invests in securities issued or guaranteed by companies in the banking and financial services industries, the underlying funds performance will depend on the overall condition of those industries, which may be affected by the following factors: the supply of short-term financing, changes in government regulation and interest rates, and overall economy.      Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.      Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.      Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.      Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.      Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.      Money Market Fund Risk. Although the underlying fund seeks to preserve the value of your investment at $1.00 per share, you may lose money by investing in the underlying fund. The share price of money market funds can fall below the $1.00 share price. You should not rely on or expect the underlying funds adviser or its affiliates to enter into support agreements or take other actions to maintain the underlying funds $1.00 share price. The credit quality of the underlying funds holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the underlying funds share price. An underlying funds share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Further regulation could impact the way the underlying fund is managed, possibly negatively impacting its return. Additionally, the underlying funds yield will vary as the short-term securities in its portfolio mature or are sold and the proceeds are reinvested in other securities.      Municipal Securities Risk. An underlying fund may invest in municipal securities. Constitutional amendments, legislative enactments, executive orders, administrative regulations, voter initiatives, and the issuers regional economic conditions may affect the municipal securitys value, interest payments, repayment of principal and the underlying funds ability to sell it. Failure of a municipal security issuer to comply with applicable tax requirements may make income paid thereon taxable, resulting in a decline in the securitys value. In addition, there could be changes in applicable tax laws or tax treatments that reduce or eliminate the current federal income tax exemption on municipal securities or otherwise adversely affect the current federal or state tax status of municipal securities.      Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.      Repurchase Agreement Risk. If the seller of a repurchase agreement in which an underlying fund invests defaults on its obligation or declares bankruptcy, the underlying fund may experience delays in selling the securities underlying the repurchase agreement, resulting in losses.      Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.      Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.      U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default.      Variable-Rate Demand Notes Risk. The absence of an active secondary market for certain variable and floating rate notes could make it difficult to dispose of the instruments, and a portfolio could suffer a loss if the issuer defaults during periods in which a portfolio is not entitled to exercise its demand rights. Class R5 shares year-to-date 2009-06-30 Worst Quarter 2008-12-31 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Annual Total Returns Annual Total Returns 0.0381 0.0254 0.0261 0.0209 0.0529 0.0253 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0.0483 0.0314 0.0322 0.0282 0.0566 0.0478 0 0 0.0014 0.0006 0.0083 0.0075 0.0642 0.0546 0.0435 0.0618 0.0209 0.0467 0.0013 0.0253 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0.0258 0.0091 0.0124 0.0232 -0.0056 0.0271 0.0236 0.0363 2009-06-30 Worst Quarter 2008-12-31 Class R5 shares year-to-date -0.0081 -0.0107 -0.0018 -0.0127 0.0209 -0.0291 -0.034 The Fund’s past performance (before and after taxes) is not necessarily an indication of its future performance. 0.0526 0.0475 0.0453 0.0776 -0.3092 0.2721 -0.0587 -0.063 -0.0322 -0.0624 0.0209 -0.0155 -0.0565 0.0533 0.0292 0.0699 0.056 0.0542 0.0435 0.0456 Class R5 shares year-to-date 2009-06-30 Worst Quarter 2008-12-31 -0.1857 0.2095 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risk of investing in the Fund is that the Fund’s performance depends on the performance of the multiple underlying funds in which it invests, and it is subject to the risks of the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, which may cause the Fund to withdraw its investments therein at a disadvantageous time. The principal risks of investing in the underlying funds, and therefore the Fund, are:      Concentration Risk. To the extent an underlying fund invests a greater amount in any one sector or industry, an underlying fund’s performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.      Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.      Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.      Dividend Paying Security Risk. Securities that pay high dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay high dividends. Also changes in the dividend policies of the companies in the Underlying Index and the capital resources available for such companies’ dividend payments may affect the Fund.      Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded fund’s shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded fund’s shares; (3) the listing exchange halting trading of the exchange-traded fund’s shares; (4) failure of the exchange-traded fund’s shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.      Financial Services Sector Risk. The financial services sector is subject to extensive government regulation, which may change frequently. In addition, the profitability of businesses in the financial services sector depends on the availability and cost of money and may fluctuate significantly in response to changes in government regulation, interest rates and general economic conditions. Businesses in the financial sector often operate with substantial financial leverage.      Foreign Securities Risk. An underlying fund’s foreign investments may be affected by changes in a foreign country’s exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.      Fund of Funds Risk. The Fund’s performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.      Geographic Concentration Risk. Because certain underlying funds emphasize investments in issuers in the developed countries of Western Europe, the Pacific Basin and Japan, these underlying funds’ performance is expected to be closely tied to social, political and economic conditions within countries in those regions and to be more volatile than the performance of more geographically diversified funds.      Growth Investing Risk. Growth stocks tend to be more expensive relative to their earnings or assets compared with other types of stock. As a result they tend to be more sensitive to changes in their earnings and can be more volatile.      Indexing Risk. Unlike many investment companies, an underlying fund does not utilize an investing strategy that seeks returns in excess of the underlying index of certain underlying exchange-traded funds. Therefore, it would not necessarily sell a security unless that security is removed from the underlying index.      Investing in the European Union Risk. Many countries in the European Union are susceptible to high economic risks associated with high levels of debt, notably due to investments in sovereign debts of European countries such as Greece, Italy and Spain. One or more member states might exit the European Union, placing its currency and banking system in jeopardy. The European Union faces major issues involving its membership, structure, procedures and policies, including the adoption, abandonment or adjustment of the new constitutional treaty, the European Union’s enlargement to the south and east, and resolution of the European Union’s problematic fiscal and democratic accountability. Efforts of the member states to further unify their economic and monetary policies may increase the potential for the downward movement of one member state’s market to cause a similar effect on other member states’ markets. European countries that are part of the European Economic and Monetary Union may be significantly affected by the tight fiscal and monetary controls that the union seeks to impose on its members.      Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than the market as a whole and can perform differently from the value of the market as a whole.      Management Risk. The investment techniques and risk analysis used by the Fund’s and the underlying funds’ portfolio managers may not produce the desired results.      Market Risk. The prices of and the income generated by the underlying funds’ securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.      Market Trading Risk. Risk is inherent in all investing. An investment in an underlying fund involves risks similar to those of investing in any underlying fund of equity or fixed-income securities traded on exchanges. You should anticipate that the value of the shares will decline, more or less, in correlation with any decline in value of the underlying index of certain underlying exchange-traded funds.      Non-Correlation Risk. An underlying fund’s return may not match the return of the underlying index of certain underlying exchange-traded funds for a number of reasons. For example, an underlying fund incurs operating expenses not applicable to the underlying index of certain exchange-traded funds, and incurs costs in buying and selling securities, especially when rebalancing an underlying fund’s securities holdings to reflect changes in the composition of the underlying index of certain underlying exchange-traded funds. In addition, the performance of an underlying fund and the underlying index of certain underlying exchange-traded funds may vary due to asset valuation differences and differences between an underlying fund’s portfolio and the underlying index of certain underlying exchange-traded funds resulting from legal restrictions, cost or liquidity constraints.      Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.      Small- and Mid-Capitalization Risks. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of small and mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.      Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk. Class R5 shares year-to-date Worst Quarter As with any mutual fund investment, loss of money is a risk of investing. As with any mutual fund investment, loss of money is a risk of investing. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOSmallCapGrowthFund column period compact * ~</div> 0 0 0.0047 0.0047 0.0132 0.0132 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Investment Objective(s) 0.0085 0.0085 Fees and Expenses of the Fund Portfolio Turnover. As with any mutual fund investment, loss of money is a risk of investing. Annual Total Returns April 30, 2013 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Investment Objective(s) Fees and Expenses of the Fund <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOInternationalAllocationFund column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 0.015 0.0072 0.0109 0.0209 0.0093 0.0037 -0.2741 0.2279 0.0478 0.0368 0.0361 0.0378 0.0504 0.0416 Investment Objective(s) Fees and Expenses of the Fund 0.1004 0.0866 0.0665 0.0984 0.0209 0.0467 -0.0001 -0.003 0.0124 0.0147 0.025 -0.0056 0.0278 0.0271 0.0141 0.0139 <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOMidCapCoreEquityFund column period compact * ~</div> 0 0 0.0236 0.0236 0.0323 0.0323 0.0087 0.0087 Investment Objective(s) Fees and Expenses of the Fund Portfolio Turnover.       The Fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The Fund will generally rebalance its assets to the Funds target allocations on a monthly basis. A list of the underlying funds and their approximate target fund weightings as of April 30, 2012 is set forth below: <div style="margin-top: 6pt; font-size: 1pt"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent">  <tr style="font-size: 1pt" valign="bottom"> <td width="48%"> </td>  <td width="3%"> </td>  <td width="24%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="24%" align="left"> </td>  </tr>   <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="left" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Invesco Balanced-Risk Retirement 2030 </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="left" valign="bottom"> Underlying Funds </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Fund </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr>  <tr valign="bottom" style="background: #CCEEFF"> <td align="left" valign="bottom"> Invesco Balanced-Risk Allocation Fund </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 100.00 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="5" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td align="left" valign="bottom"> Liquid Assets Portfolio </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.00 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="5" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Premier Portfolio </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.00 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="5" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Total </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 100 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="5" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"> </div>       The Funds name indicates the approximate date an investor in the Fund plans to retire and may stop making new investments in the Fund. Consistent with the Funds real return and capital preservation objectives, the Fund is designed for investors who expect to need all or most of their money in the Fund at retirement and for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Real return is total return reduced by the impact of inflation. Once the asset allocation of the Fund has become similar to the asset allocation of the Invesco Balanced-Risk Retirement Now Fund, the Board of Trustees may approve combining the Fund with Invesco Balanced-Risk Retirement Now Fund if they determine that such a combination is in the best interests of the Funds shareholders. Such a combination will result in the shareholders of the Fund owning shares of Invesco Balanced-Risk Retirement Now Fund rather than the Fund. The Adviser expects such a combination to generally occur during the year of the Funds target retirement date.       The following chart displays how the Adviser expects the asset allocation for the Fund to change as its target retirement date approaches. The Fund employs a risk-balanced optimization process which accounts for the flat glide path (the glide path is the rate at which the asset mix changes over time) until approximately 10 years from the target retirement date. The glide path will become more conservative on a quarterly basis approximately 10 years from the target retirement date by gradually reducing the allocation to Invesco Balanced-Risk Allocation Fund and increasing the allocation to the affiliated money market funds. The actual asset allocations for the Fund may differ from those shown in the chart below. <table border="1" cellspacing="0" cellpadding="0" width="100%"><tr><td> </td><td colspan="5" align="center">Years to Retirement</td><td colspan="2" align="center">In Retirement</td></tr><tr><td align="left"> </td><td align="center">40</td><td align="center">30</td><td align="center">20</td><td align="center">10</td><td colspan="5" align="center">0</td></tr><tr><td>Invesco Balanced-Risk Retirement 2050 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td> Invesco Balanced-Risk Retirement 2040 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2030 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2020 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement Now Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr></table>       The following table lists the expected market exposure through Invesco Balanced-Risk Allocation Fund to equities, commodities and fixed income and through Liquid Assets Portfolio and Premier Portfolio to cash equivalents. The portfolio managers actively adjust portfolio positions in Invesco Balanced-Risk Allocation Fund to minimize loss of capital, to benefit from market opportunities and to reduce excessive volatility. Due to the use of leverage in Invesco Balanced-Risk Allocation Fund, an underlying fund, the percentages may not equal 100%. <div style="margin-top: 6pt; font-size: 1pt"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent">  <tr style="font-size: 1pt" valign="bottom"> <td width="56%"> </td>  <td width="3%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  </tr>   <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 10-40 Years From Retirement </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr>  <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 15.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 29.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 62.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 35.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 47.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 81.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 136.9 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"> </div> <div style="margin-top: 6pt; font-size: 1pt"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent">  <tr style="font-size: 1pt" valign="bottom"> <td width="56%"> </td>  <td width="3%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  </tr>   <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 5 Years From Retirement </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr>  <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 12.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 23.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 50.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 11.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 38.3 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 68.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 109.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <div align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"> </div> <div style="margin-top: 6pt; font-size: 1pt"> </div> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent">  <tr style="font-size: 1pt" valign="bottom"> <td width="56%"> </td>  <td width="3%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  <td width="4%"> </td>  <td width="5%" align="right"> </td>  <td width="1%" align="right"> </td>  <td width="5%" align="left"> </td>  </tr>   <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> At Retirement Date </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr>  <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 37.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 8.2 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 21.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 51.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 82.1 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table>       An investment in the Fund is not guaranteed, and you may experience losses, including near to, at, or after the target date. There is no guarantee that the Fund will provide adequate income at or through your retirement. Investment Objectives and Strategies of the Underlying Funds Invesco Balanced-Risk Allocation Fund. Invesco Balanced-Risk Allocation Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices. Invesco Balanced-Risk Allocation Funds investment objective may be changed by the Board of Trustees without shareholder approval.       Invesco Balanced-Risk Allocation Fund invests primarily in derivative instruments and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. Invesco Balanced-Risk Allocation Fund invests in derivatives and other financially-linked instruments such as futures, swap agreements, including total return swaps and may also invest in U.S. and foreign government debt securities, Invesco Cayman Commodity Fund I Ltd., a wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund organized under the laws of the Cayman Islands (the Subsidiary), exchange-traded funds and exchange-traded notes.       Invesco Balanced-Risk Allocation Funds international investments will generally be in developed countries, but may also include emerging market countries. Invesco Balanced-Risk Allocation Funds fixed income investments are generally considered to be investment grade while Invesco Balanced-Risk Allocation Funds commodity markets exposure will generally be in the precious metals, agriculture, livestock, energy and industrial metals sectors.       Invesco Balanced-Risk Allocation Fund may invest up to 25% of its total assets in the Subsidiary to gain exposure to commodity markets. The Subsidiary, in turn, will invest in futures, swaps, exchange-traded funds and exchange-traded notes.       The Subsidiary is advised by Invesco, has the same investment objective as Invesco Balanced-Risk Allocation Fund and generally employs the same investment strategy. The Subsidiary, unlike Invesco Balanced-Risk Allocation Fund, may invest without limitation in commodity-linked derivatives and other securities that may provide leveraged and non-leveraged exposure to commodities. The Subsidiary also may hold cash and invest in cash equivalent instruments, including affiliated money market funds, some of which may serve as margin or collateral for the Subsidiarys derivative positions. Invesco Balanced-Risk Allocation Fund will be subject to the risks associated with any investment by the Subsidiary to the extent of Invesco Balanced-Risk Allocation Funds investment in the Subsidiary.       Invesco Balanced-Risk Allocation Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can.       Invesco Balanced-Risk Allocation Fund will generally maintain in the range of 40% to 70% of its total assets (including assets invested in the Subsidiary) in cash and cash equivalent instruments including affiliated money market funds. Some of the cash holdings will serve as margin or collateral for Invesco Balanced-Risk Allocation Funds obligations under derivative transactions. The larger the value of Invesco Balanced-Risk Allocation Funds derivative positions, as opposed to positions held in non-derivative type instruments, the more Invesco Balanced-Risk Allocation Fund will be required to maintain cash and cash equivalents as margin or collateral for such derivatives.       Swap agreements are contracts between two parties to which one party agrees with the other party to exchange the returns (or differentials in returns) earned or realized on a particular asset such as a commodity, calculated with respect to a notional amount. The payment streams are calculated by reference to an agreed upon notional amount. Commodity total return swaps are two party contracts in which the parties agree to exchange the return or interest rate on one instrument for the return of a particular commodity, commodity index or commodities futures or options contract.       A futures contract is a standardized agreement between two parties to buy or sell a specific quantity of an underlying instrument or commodity at a specific price at a specific future time. The value of a futures contract tends to increase and decrease in tandem with the value of the underlying instrument or commodity. Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction. Depending on the terms of the particular contract, futures contracts are settled through either physical delivery of the underlying instrument or commodity on the settlement date or by payment of a cash settlement amount on the settlement date.       Exchange-traded funds are traded on an exchange and generally hold a portfolio of securities, commodities and/or currencies that are designed to replicate (i) a specified market or other index, (ii) a basket of securities, commodities or currencies, or (iii) a particular commodity or currency.       Exchange-traded notes are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market, benchmark or strategy. Exchange-traded notes are traded on an exchange; however, investors can also hold the exchange-traded note until maturity. At maturity, the issuer pays to the investor a cash amount equal to the principal amount, subject to the days market benchmark or strategy factor.       The portfolio management teams active three-step investment process involves (1) selecting representative assets to gain exposure to the equity, fixed income and commodity markets; (2) estimating the risk correlation of the selected assets to create a potential portfolio of investments; and (3) actively positioning Invesco Balanced-Risk Allocation Funds positions to reflect the near-term market environment, while remaining consistent with the balanced-risk long-term portfolio structure the management team has designed. The management team balances the opportunity for excess return from active positioning and the need to maintain asset class exposure by setting controlled tactical ranges around the long-term asset allocation.       When executing the investment process described above, the management team can purchase derivatives. By using derivatives, Invesco Balanced-Risk Allocation Fund is able to gain greater exposure to assets within each class than would be possible using cash instruments, and thus seeks to balance the amount of risk each asset class contributes to Invesco Balanced-Risk Allocation Fund. Liquid Assets Portfolio. Liquid Assets Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Liquid Assets Portfolios investment objective may be changed by Liquid Assets Portfolios Board of Trustees without shareholder approval.       Liquid Assets Portfolio invests in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. or foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.       Liquid Assets Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.       Liquid Assets Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Liquid Assets Portfolio invests in conformity with Securities and Exchange Commission (SEC) rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Liquid Assets Portfolio invests only in U.S. dollar denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Liquid Assets Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Liquid Assets Portfolios adviser pursuant to guidelines approved by the Liquid Assets Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Liquid Assets Portfolios adviser under the supervision of Liquid Assets Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.       Liquid Assets Portfolio may invest up to 50% of its total assets in U.S. dollar-denominated foreign securities. Liquid Assets Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.       In selecting securities for Liquid Assets Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Liquid Assets Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities. The portfolio managers manage liquidity, for instance, by trading in daily and weekly variable-rate demand notes.       The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change. Premier Portfolio. Premier Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Premier Portfolios investment objective may be changed by Premier Portfolios Board of Trustees without shareholder approval.       Premier Portfolio invests primarily in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. and foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.       Premier Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.       Premier Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Premier Portfolio invests in conformity with the SEC rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Premier Portfolio invests only in U.S. dollar-denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Premier Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Premier Portfolios adviser pursuant to guidelines approved by Premier Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Premier Portfolios adviser under the supervision of Premier Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.       Premier Portfolio invests from time to time in U.S. dollar-denominated foreign securities. Premier Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.       In selecting securities for Premier Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Premier Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities.       The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the Fund and the underlying funds are:       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.       Concentration Risk. To the extent Invesco Balanced-Risk Allocation Fund, an underlying fund, invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.       Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.       Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.       Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.      Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default. 0 0 0.0102 0.0102 0.0189 0.0189 0.0087 0.0087 As with any mutual fund investment, loss of money is a risk of investing. April 30, 2013 April 30, 2013 Portfolio Turnover. Portfolio Turnover. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. The Fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The Fund will generally rebalance its assets to the Funds target allocations on a monthly basis. A list of the underlying funds and their approximate target fund weightings as of April 30, 2012 is set forth below:<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="70%"> </td><td width="3%"> </td><td width="13%" align="right"> </td><td width="1%" align="right"> </td><td width="13%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Invesco Balanced-Risk </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom">Underlying Funds</td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Retirement Now Fund</td></tr><tr style="font-size: 1pt" valign="bottom" align="center"><td colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"></td></tr><tr valign="bottom" style="background: #CCEEFF"><td align="left" valign="bottom">Invesco Balanced-Risk Allocation Fund</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">60.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td align="left" valign="bottom">Liquid Assets Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">20.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom" style="background: #CCEEFF"><td nowrap="nowrap" align="left" valign="bottom">Premier Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">20.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td nowrap="nowrap" align="left" valign="bottom">Total</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr></table>      The Funds name indicates that an investor in the Fund plans to retire and may stop making new investments in the Fund. Consistent with the Funds real return and capital preservation objectives, the Fund is designed for investors who expect to need all or most of their money in the Fund at retirement and for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Real return is total return reduced by the impact of inflation.      The following chart displays how the Adviser expects the asset allocation for the Fund to change as its target retirement date approaches. The Fund employs a risk-balanced optimization process which accounts for the flat glide path (the glide path is the rate at which the asset mix changes over time) until approximately 10 years from the target retirement date. The glide path will become more conservative on a quarterly basis approximately 10 years from the target retirement date by gradually reducing the allocation to Invesco Balanced-Risk Allocation Fund and increasing the allocation to the affiliated money market funds. The actual asset allocations for the Fund may differ from those shown in the chart below.<table border="1" cellspacing="0" cellpadding="0" width="100%"><tr><td> </td><td colspan="5" align="center">Years to Retirement</td><td colspan="2" align="center">In Retirement</td></tr><tr><td align="left"> </td><td align="center">40</td><td align="center">30</td><td align="center">20</td><td align="center">10</td><td colspan="5" align="center">0</td></tr><tr><td>Invesco Balanced-Risk Retirement 2050 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td> Invesco Balanced-Risk Retirement 2040 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2030 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2020 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement Now Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr></table>      The following table lists the expected market exposure through Invesco Balanced-Risk Allocation Fund to equities, commodities and fixed income and through Liquid Assets Portfolio and Premier Portfolio to cash equivalents. The portfolio managers actively adjust portfolio positions in Invesco Balanced-Risk Allocation Fund to minimize loss of capital, to benefit from market opportunities and to reduce excessive volatility. Due to the use of leverage in Invesco Balanced-Risk Allocation Fund, an underlying fund, the percentages may not equal 100%.<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> At Retirement Date</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 37.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 8.2 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 21.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 51.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 82.1 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table>      An investment in the Fund is not guaranteed, and you may experience losses, including near to, at, or after the target date. There is no guarantee that the Fund will provide adequate income at or through your retirement.Investment Objectives and Strategies of the Underlying Funds Invesco Balanced-Risk Allocation Fund. Invesco Balanced-Risk Allocation Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices. Invesco Balanced-Risk Allocation Funds investment objective may be changed by the Board of Trustees without shareholder approval.      Invesco Balanced-Risk Allocation Fund invests primarily in derivative instruments and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. Invesco Balanced-Risk Allocation Fund invests in derivatives and other financially-linked instruments such as futures, swap agreements, including total return swaps and may also invest in U.S. and foreign government debt securities, Invesco Cayman Commodity Fund I Ltd., a wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund organized under the laws of the Cayman Islands (the Subsidiary), exchange-traded funds and exchange-traded notes.      Invesco Balanced-Risk Allocation Funds international investments will generally be in developed countries, but may also include emerging market countries. Invesco Balanced-Risk Allocation Funds fixed income investments are generally considered to be investment grade while Invesco Balanced-Risk Allocation Funds commodity markets exposure will generally be in the precious metals, agriculture, livestock, energy and industrial metals sectors.      Invesco Balanced-Risk Allocation Fund may invest up to 25% of its total assets in the Subsidiary to gain exposure to commodity markets. The Subsidiary, in turn, will invest in futures, swaps, exchange-traded funds and exchange-traded notes.      The Subsidiary is advised by Invesco, has the same investment objective as Invesco Balanced-Risk Allocation Fund and generally employs the same investment strategy. The Subsidiary, unlike Invesco Balanced-Risk Allocation Fund, may invest without limitation in commodity-linked derivatives and other securities that may provide leveraged and non-leveraged exposure to commodities. The Subsidiary also may hold cash and invest in cash equivalent instruments, including affiliated money market funds, some of which may serve as margin or collateral for the Subsidiarys derivative positions. Invesco Balanced-Risk Allocation Fund will be subject to the risks associated with any investment by the Subsidiary to the extent of Invesco Balanced-Risk Allocation Funds investment in the Subsidiary.      Invesco Balanced-Risk Allocation Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can.      Invesco Balanced-Risk Allocation Fund will generally maintain in the range of 40% to 70% of its total assets (including assets invested in the Subsidiary) in cash and cash equivalent instruments including affiliated money market funds. Some of the cash holdings will serve as margin or collateral for Invesco Balanced-Risk Allocation Funds obligations under derivative transactions. The larger the value of Invesco Balanced-Risk Allocation Funds derivative positions, as opposed to positions held in non-derivative type instruments, the more Invesco Balanced-Risk Allocation Fund will be required to maintain cash and cash equivalents as margin or collateral for such derivatives.      Swap agreements are contracts between two parties to which one party agrees with the other party to exchange the returns (or differentials in returns) earned or realized on a particular asset such as a commodity, calculated with respect to a notional amount. The payment streams are calculated by reference to an agreed upon notional amount. Commodity total return swaps are two party contracts in which the parties agree to exchange the return or interest rate on one instrument for the return of a particular commodity, commodity index or commodities futures or options contract.       A futures contract is a standardized agreement between two parties to buy or sell a specific quantity of an underlying instrument or commodity at a specific price at a specific future time. The value of a futures contract tends to increase and decrease in tandem with the value of the underlying instrument or commodity. Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction. Depending on the terms of the particular contract, futures contracts are settled through either physical delivery of the underlying instrument or commodity on the settlement date or by payment of a cash settlement amount on the settlement date.      Exchange-traded funds are traded on an exchange and generally hold a portfolio of securities, commodities and/or currencies that are designed to replicate (i) a specified market or other index, (ii) a basket of securities, commodities or currencies, or (iii) a particular commodity or currency.      Exchange-traded notes are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market, benchmark or strategy. Exchange-traded notes are traded on an exchange; however, investors can also hold the exchange-traded note until maturity. At maturity, the issuer pays to the investor a cash amount equal to the principal amount, subject to the days market benchmark or strategy factor.      The portfolio management teams active three-step investment process involves (1) selecting representative assets to gain exposure to the equity, fixed income and commodity markets; (2) estimating the risk correlation of the selected assets to create a potential portfolio of investments; and (3) actively positioning Invesco Balanced-Risk Allocation Funds positions to reflect the near-term market environment, while remaining consistent with the balanced-risk long-term portfolio structure the management team has designed. The management team balances the opportunity for excess return from active positioning and the need to maintain asset class exposure by setting controlled tactical ranges around the long-term asset allocation.      When executing the investment process described above, the management team can purchase derivatives. By using derivatives, Invesco Balanced-Risk Allocation Fund is able to gain greater exposure to assets within each class than would be possible using cash instruments, and thus seeks to balance the amount of risk each asset class contributes to Invesco Balanced-Risk Allocation Fund.Liquid Assets Portfolio. Liquid Assets Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Liquid Assets Portfolios investment objective may be changed by Liquid Assets Portfolios Board of Trustees without shareholder approval.      Liquid Assets Portfolio invests in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. or foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Liquid Assets Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Liquid Assets Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Liquid Assets Portfolio invests in conformity with Securities and Exchange Commission (SEC) rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Liquid Assets Portfolio invests only in U.S. dollar denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Liquid Assets Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Liquid Assets Portfolios adviser pursuant to guidelines approved by the Liquid Assets Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Liquid Assets Portfolios adviser under the supervision of Liquid Assets Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Liquid Assets Portfolio may invest up to 50% of its total assets in U.S. dollar-denominated foreign securities. Liquid Assets Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Liquid Assets Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Liquid Assets Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities. The portfolio managers manage liquidity, for instance, by trading in daily and weekly variable-rate demand notes.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change.Premier Portfolio. Premier Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Premier Portfolios investment objective may be changed by Premier Portfolios Board of Trustees without shareholder approval.      Premier Portfolio invests primarily in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. and foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Premier Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Premier Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Premier Portfolio invests in conformity with the SEC rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Premier Portfolio invests only in U.S. dollar-denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Premier Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Premier Portfolios adviser pursuant to guidelines approved by Premier Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Premier Portfolios adviser under the supervision of Premier Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Premier Portfolio invests from time to time in U.S. dollar-denominated foreign securities. Premier Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Premier Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Premier Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOIncomeAllocationFund column period compact * ~</div> 2009-06-30 Class R5 shares year-to-date 2008-12-31 2009-06-30 Worst Quarter 2008-12-31 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the Fund and the underlying funds are:       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.       Concentration Risk. To the extent Invesco Balanced-Risk Allocation Fund, an underlying fund, invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.       Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.       Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.       Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.       Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default. As with any mutual fund investment, loss of money is a risk of investing. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOModerateAllocationFund column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOBALANCEDRISKRETIREMENT2020FUND column period compact * ~</div> April 30, 2013 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Annual Total Returns Annual Total Returns The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. -0.3742 0.2832 -0.3346 0.271 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the Fund and the underlying funds are:       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.       Concentration Risk. To the extent Invesco Balanced-Risk Allocation Fund, an underlying fund, invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.       Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.       Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.       Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.       Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default. As with any mutual fund investment, loss of money is a risk of investing. Class R5 shares year-to-date 2009-06-30 Worst Quarter 2008-12-31 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Class R5 shares year-to-date 2009-06-30 Worst Quarter 2008-12-31 -0.1723 0.1482 The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Investment Objective(s) Investment Objective(s) Fees and Expenses of the Fund Fees and Expenses of the Fund Annual Total Returns 0.105 0.0953 0.0681 0.1016 0.0209 0.0467 -0.0001 -0.0409 Class R5 shares year-to-date 2009-09-30 Worst Quarter 2008-12-31 0.0045 -0.0092 -0.0039 -0.0056 0.0023 0.0271 -0.0196 -0.0125 -0.3594 0.2813 Investment Objective(s) 0 0 0 Fees and Expenses of the Fund 0.0013 0.0006 0.0006 0.0058 0.0058 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Portfolio Turnover. 0.0091 Annual Total Returns Class R5 shares year-to-date Worst Quarter Portfolio Turnover. Portfolio Turnover. 2009-06-30 2008-12-31 The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in convertible securities. In complying with the 80% investment requirement, the Fund may include synthetic securities that have economic characteristics similar to the Funds direct investments that are counted toward the 80% investment requirement. A convertible security is a bond, preferred stock or other security that may be converted into a prescribed amount of common stock at a prestated price. Invesco Advisers, Inc. (the Adviser), the Funds investment adviser, may retain that common stock to permit its orderly sale or to establish long-term holding periods for tax purposes. The Fund is not required to sell the common stock to assure that the required percentage of its assets is invested in convertible securities. The Funds convertible securities may include lower rated fixed-income securities commonly known as junk bonds. The convertible securities also may include exchangeable and synthetic convertible securities. Unlike traditional convertible securities whose conversion values are based on the common stock of the issuer of the convertible security, synthetic and exchangeable convertible securities are preferred stocks or debt obligations of an issuer which are combined with an equity component whose conversion value is based on the value of the common stock of a different issuer or a particular benchmark (which may include a foreign issuer or basket of foreign stocks, or a company whose stock is not yet publicly traded). In deciding which securities to buy, hold or sell, the Adviser considers market, economic and political conditions. The Adviser sells a security when it believes that it no longer fits the Funds investment criteria.       The Fund can also utilize derivative instruments, including forward foreign currency contracts. The Fund can utilize forward foreign currency contracts to mitigate the risk of foreign currency exposure. A forward foreign currency contract is an agreement between parties to exchange a specified amount of currency at a specified future time at a specified rate. Forward foreign currency contracts are used to protect against uncertainty in the level of future foreign currency exchange rates. The Fund will use these contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated. The Fund may also invest in real estate investment trusts (REITs).       The remaining 20% of the Funds assets may be invested in common stocks directly, non-convertible preferred stock, non-convertible fixed-income securities, and/or foreign securities. The foreign securities may include non-US dollar denominated securities and depositary receipts. The Funds fixed-income investments may include zero coupon securities, which are purchased at a discount and generally accrue interest, but make no payment until maturity. As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risk of investing in the Fund is that the Funds performance depends on the performance of the multiple underlying funds in which it invests, and it is subject to the risks of the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, which may cause the Fund to withdraw its investments therein at a disadvantageous time. The principal risks of investing in the underlying funds, and therefore the Fund, are:       Active Trading Risk. Certain underlying funds engage in frequent trading of portfolio securities. Active trading results in added expenses and may result in a lower return and increased tax liability.       Call Risk. If interest rates fall, it is possible that issuers of debt securities with high interest rates will prepay or call their securities before their maturity dates. In this event, the proceeds from the called securities would likely be reinvested by an underlying fund in securities bearing the new, lower interest rates, resulting in a possible decline in an underlying funds income and distributions to shareholders.       Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.       Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.       Concentration Risk. To the extent an underlying fund invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.       Convertible Securities Risk. An underlying fund may own convertible securities, the value of which may be affected by market interest rates, the risk that the issuer will default, the value of the underlying stock or the right of the issuer to buy back the convertible securities.       Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.       Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.       Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.       Debt Securities Risk. An underlying fund may invest in debt securities that are affected by changing interest rates and changes in their effective maturities and credit quality.       Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.       Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.       Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.       Financial Institutions Risk. Investments in financial institutions may be subject to certain risks, including, but not limited to, the risk of regulatory actions, changes in interest rates and concentration of loan portfolios in an industry or sector. Financial institutions are highly regulated and may suffer setbacks should regulatory rules and interpretations under which they operate change. Likewise, there is a high level of competition among financial institutions which could adversely affect the viability of an institution.       Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.       Geographic Concentration Risk. Because certain underlying funds emphasize investments in issuers in the developed countries of Western Europe, the Pacific Basin and Japan, these underlying funds performance is expected to be closely tied to social, political and economic conditions within countries in those regions and to be more volatile than the performance of more geographically diversified funds.       Growth Investing Risk. Growth stocks tend to be more expensive relative to their earnings or assets compared with other types of stock. As a result they tend to be more sensitive to changes in their earnings and can be more volatile.       High Yield Bond (Junk Bond) Risk. Junk bonds involve a greater risk of default or price changes due to changes in the credit quality of the issuer. The values of junk bonds fluctuate more than those of high-quality bonds in response to company, political, regulatory or economic developments. Values of junk bonds can decline significantly over short periods of time.       Investing in the European Union Risk. Many countries in the European Union are susceptible to high economic risks associated with high levels of debt, notably due to investments in sovereign debts of European countries such as Greece, Italy and Spain. One or more member states might exit the European Union, placing its currency and banking system in jeopardy. The European Union faces major issues involving its membership, structure, procedures and policies, including the adoption, abandonment or adjustment of the new constitutional treaty, the European Unions enlargement to the south and east, and resolution of the European Unions problematic fiscal and democratic accountability. Efforts of the member states to further unify their economic and monetary policies may increase the potential for the downward movement of one member states market to cause a similar effect on other member states markets. European countries that are part of the European Economic and Monetary Union may be significantly affected by the tight fiscal and monetary controls that the union seeks to impose on its members.       Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.       Large Investor Risk. An underlying fund may accept investments from funds of funds, as well as from similar investment vehicles, such as 529 Plans. From time to time, an underlying fund may experience large investments or redemptions due to allocations or rebalancings by these funds of funds and/or similar investment vehicles. While it is impossible to predict the overall impact of these transactions over time, there could be adverse effects on portfolio management. For example, an underlying fund may be required to sell securities or invest cash at times when it would not otherwise do so. These transactions could also have tax consequences if sales of securities result in gains, and could also increase transaction costs or portfolio turnover.       Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.       Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.       Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.       Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.       Mortgage- and Asset-Backed Securities Risk. Certain of the underlying funds may invest in mortgage- and asset-backed securities that are subject to prepayment or call risk, which is the risk that the borrowers payments may be received earlier or later than expected due to changes in prepayment rates on underlying loans. Faster prepayments often happen when interest rates are falling. As a result, an underlying fund may reinvest these early payments at lower interest rates, thereby reducing an underlying funds income. Conversely, when interest rates rise, prepayments may happen more slowly, causing the security to lengthen in duration. Longer duration securities tend to be more volatile. Securities may be prepaid at a price less than the original purchase value. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool may adversely affect the value of mortgage-backed securities and could result in losses to an underlying fund. The risk of such defaults is generally higher in the case of mortgage pools that include subprime mortgages. Subprime mortgages refer to loans made to borrowers with weakened credit histories or with lower capacity to make timely payments on their mortgages.       Non-Correlation Risk. The return of an underlying funds preferred equity segment may not match the return of the Index for a number of reasons. For example, an underlying fund incurs operating expenses not applicable to the Index, and incurs costs in buying and selling securities, especially when rebalancing securities holdings to reflect changes in the Index. In addition, the performance of the preferred equity segment and the Index may vary due to asset valuation differences and differences between the preferred equity segment and the Index resulting from legal restrictions, costs or liquidity constraints.       Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.       Preferred Securities Risk. Preferred securities may include provisions that permit the issuer, in its discretion, to defer or omit distributions for a certain period of time. If an underlying fund owns a security that is deferring or omitting its distributions, an underlying fund may be required to report the distribution on its tax returns, even though it may not have received this income. Further, preferred securities may lose substantial value due to the omission or deferment of dividend payments.       Reinvestment Risk. Reinvestment risk is the risk that a bonds cash flows (coupon income and principal repayment) will be reinvested at an interest rate below that on the original bond.       REIT Risk/Real Estate Risk. Investments in real estate related instruments may be affected by economic, legal, cultural, environmental or technological factors that affect property values, rents or occupancies of real estate related to an underlying funds holdings. Real estate companies, including REITs or similar structures, tend to be small and mid cap companies, and their shares may be more volatile and less liquid. The value of investments in real estate related companies may be affected by the quality of management, the ability to repay loans, the utilization of leverage and financial covenants related thereto, whether the company carries adequate insurance and environmental factors. If a real estate related company defaults, an underlying fund may own real estate directly, which involves the following additional risks: environmental liabilities, difficulty in valuing and selling the real estate, and economic or regulatory changes.       Small- and Mid-Capitalization Risks. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of small and mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.       Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.       Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk.       Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.       Tax Risk. If the U.S. Treasury Department were to exercise its authority to issue regulations that exclude from the definition of qualifying income foreign currency gains not directly related to Invesco Premium Income Funds business of investing in securities, Invesco Premium Income Fund may be unable to qualify as a regulated investment company for one or more years. In this event, Invesco Premium Income Funds Board may authorize a significant change in investment strategy or fund liquidation.       U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default.       Value Investing Style Risk. Certain of the underlying funds emphasize a value style of investing, which focuses on undervalued companies with characteristics for improved valuations. This style of investing is subject to the risk that the valuations never improve or that the returns on value equity securities are less than returns on other styles of investing or the overall stock market. Value stocks also may decline in price, even though in theory they are already underpriced. 0 0 0.0051 0.0049 As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:       Convertible Securities. The values of convertible securities in which the Fund may invest may be affected by market interest rates. The values of convertible securities also may be affected by the risk of actual issuer default on interest or principal payments and the value of the underlying stock. Additionally, an issuer may retain the right to buy back its convertible securities at a time and price unfavorable to the Fund. The value of a synthetic convertible security will respond differently to market fluctuations than a convertible security because a synthetic convertible security is composed of two or more separate securities, each with its own market value.        Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. The Fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while the Fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.       Fixed-Income Securities. All fixed-income securities are subject to two types of risk: credit risk and interest rate risk. When the general level of interest rates goes up, the prices of most fixed-income securities go down. When the general level of interest rates goes down, the prices of most fixed-income securities go up. Lower-rated fixed-income securities (commonly known as junk bonds) are subject to greater risk of loss of income and principal than higher-rated securities. The prices of junk bonds are likely to be more sensitive to adverse economic changes or individual corporate developments and may be subject to a greater risk of default than higher-rated securities. During an economic downturn or substantial period of rising interest rates, junk bond issuers and, in particular, highly leveraged issuers may experience financial stress.       Common Stocks and Other Equity Securities. In general, stock and other equity securities values fluctuate in response to activities specific to the company as well as general market, economic and political conditions.       Foreign Securities Risk. The Funds foreign investments may be affected by changes in a foreign countrys exchange rates; political and social instability; changes in economic or taxation policies; difficulties when enforcing obligations; decreased liquidity; and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.       Synthetic Securities Risk. Fluctuations in the values of synthetic securities may not correlate perfectly with the instruments they are designed to replicate. Synthetic securities may be subject to interest rate changes, market price fluctuations, counterparty risk and liquidity risk. 0.0138 0.0136 0.0087 0.0087 After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. As with any mutual fund investment, loss of money is a risk of investing. As with any mutual fund investment, loss of money is a risk of investing. Annual Total Returns Annual Total Returns The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. The Funds and Morgan Stanley Convertible Securities Funds (the predecessor funds) past performance (before and after taxes) is not necessarily an indication of its future performance. April 30, 2013 The Fund is a fund of funds, and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco and/or the Adviser) and exchange-traded funds advised by Invesco PowerShares Capital Management LLC (PowerShares Capital) or other unaffiliated advisers (the underlying funds). Invesco and PowerShares Capital are affiliates of each other as they both are indirect wholly-owned subsidiaries of Invesco Ltd. The Funds target allocation is to invest approximately 65%-75% of its total assets in underlying funds that invest primarily in equity securities (equity funds), approximately 5%-10% of its total assets in underlying funds that invest primarily in fixed-income securities (fixed-income funds) and approximately 20%-25% of its total assets in alternative asset classes and investment strategies which may include commodities.       In complying with their investment policies, certain underlying funds may also invest in synthetic securities that have economic characteristics similar to an underlying funds direct investments.       Approximately 25%-30% of the assets that are invested will be allocated to underlying funds that invest primarily in foreign securities. Approximately 5%-7% of the assets that are invested in alternative classes will be allocated to underlying funds that invest primarily in commodities.       In attempting to meet their investment objectives, certain underlying funds engage in active and frequent trading of portfolio securities.       The Adviser uses a three-step process to create the Funds portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser attempts to balance the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Funds asset class allocations, underlying funds and target weightings in the underlying funds.       Based on the portfolio managers research, the strategic allocations of the portfolios are broadly diversified to gain exposure to areas of the market that the portfolio managers believe may perform well over a full market cycle, including periods of adverse economic environments such as recessions and inflationary growth. The portfolio managers gain exposure to the desired asset class by selecting the most representative funds. The Adviser rebalances the Funds investments in the underlying funds on a quarterly basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Funds asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Funds asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Funds SAI.       The Fund may also invest up to 20% of its total assets in affiliated or unaffiliated exchange-traded funds. An exchange-traded fund is a security that tracks an index, a commodity or a basket of assets, but trades like a stock on an exchange. Exchange-traded funds experience price changes throughout the day as they are bought and sold. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Class R5 shares year-to-date Class A Shares year-to-date 2009-06-30 2009-09-30 Worst Quarter Worst Quarter 2008-12-31 0.1052 0.0881 0.0682 0.103 0.0209 0.0467 -0.0001 -0.0385 2008-12-31 <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOBALANCEDRISKRETIREMENTNOWFUND column period compact * ~</div> 0.0096 -0.0059 -0.0007 0.0073 -0.0056 0.0271 -0.0131 -0.0109 0.1052 0.0119 -0.4036 0.3159 -0.291 0.4378 -0.0078 -0.0142 -0.0018 0.0209 -0.0176 -0.0281 -0.0419 -0.0482 -0.0255 -0.0441 -0.0518 -0.0523 0.0446 0.0383 0.0371 0.0378 0.0429 0.0407 0.0574 0.0472 0.0441 0.0572 0.0488 0.051 <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOBALANCEDRISKRETIREMENT2050FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOBALANCEDRISKRETIREMENT2040FUND column period compact * ~</div> As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the Fund and the underlying funds are:        Commodity-Linked Notes Risk. An underlying funds investments in commodity-linked notes may involve substantial risks, including risk of loss of a significant portion of their principal value. In addition to risks associated with the underlying commodities, they may be subject to additional special risks, such as the lack of a secondary trading market and temporary price distortions due to speculators and/or the continuous rolling over of futures contracts underlying the notes. Commodity-linked notes are also subject to counterparty risk, which is the risk that the other party to the contract will not fulfill its contractual obligation to complete the transaction with an underlying fund.        Commodity Risk. Invesco Balanced-Risk Allocation Fund, an underlying fund, will invest in commodities through a wholly-owned subsidiary of that underlying fund organized under the laws of the Cayman Islands (the Subsidiary). Investment exposure to the commodities markets and/or a particular sector of the commodities markets, may subject the underlying fund and the Subsidiary to greater volatility than investments in traditional securities, such as stocks and bonds. The commodities markets may fluctuate widely based on a variety of factors, including changes in overall market movements, domestic and foreign political and economic events and policies, war, acts of terrorism, changes in domestic or foreign interest rates and/or investor expectations concerning interest rates, domestic and foreign inflation rates and investment and trading activities of mutual funds, hedge funds and commodities funds. Prices of various commodities may also be affected by factors such as drought, floods, weather, livestock disease, embargoes, tariffs and other regulatory developments. The prices of commodities can also fluctuate widely due to supply and demand disruptions in major producing or consuming regions. Because certain of the underlying funds and the Subsidiarys performance is linked to the performance of potentially volatile commodities, investors should be willing to assume the risks of potentially significant fluctuations in the value of the underlying funds shares.        Concentration Risk. To the extent Invesco Balanced-Risk Allocation Fund, an underlying fund, invests a greater amount in any one sector or industry, an underlying funds performance will depend to a greater extent on the overall condition of the sector or industry, and there is increased risk to an underlying fund if conditions adversely affect that sector or industry.        Counterparty Risk. Counterparty risk is the risk that the other party to the contract will not fulfill its contractual obligations, which may cause losses or additional costs to an underlying fund.        Credit Risk. The issuer of instruments in which an underlying fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuers credit rating.        Currency/Exchange Rate Risk. The dollar value of an underlying funds foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.        Derivatives Risk. The performance of derivative instruments is tied to the performance of an underlying currency, security, index or other instrument. In addition to risks relating to their underlying instruments, the use of derivatives may include other, possibly greater, risks. Derivatives involve costs, may be volatile, and may involve a small initial investment relative to the risk assumed. Risks associated with the use of derivatives include counterparty, leverage, correlation, liquidity, tax, market, interest rate and management risks. Derivatives may also be more difficult to purchase, sell or value than other investments. An underlying fund may lose more than the cash amount invested on investments in derivatives. Investors should bear in mind that, while an underlying fund intends to use derivative strategies, it is not obligated to actively engage in these transactions, generally or in any particular kind of derivative, if the investment manager elects not to do so due to availability, cost, market conditions or other factors.        Developing/Emerging Markets Securities Risk. Securities issued by foreign companies and governments located in developing/emerging countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.        Exchange-Traded Funds Risk. An investment by the Fund or underlying fund in exchange-traded funds generally presents the same primary risks as an investment in a mutual fund. In addition, an exchange-traded fund may be subject to the following: (1) a discount of the exchange-traded funds shares to its net asset value; (2) failure to develop an active trading market for the exchange-traded funds shares; (3) the listing exchange halting trading of the exchange-traded funds shares; (4) failure of the exchange-traded funds shares to track the referenced index; and (5) holding troubled securities in the referenced index. Exchange-traded funds may involve duplication of management fees and certain other expenses, as the Fund or underlying fund indirectly bears its proportionate share of any expenses paid by the exchange-traded funds in which it invests. Further, certain of the exchange-traded funds in which the Fund or underlying fund may invest are leveraged. The more the Fund or underlying fund invests in such leveraged exchange-traded funds, the more this leverage will magnify any losses on those investments.        Exchange-Traded Notes Risk. Exchange-traded notes are subject to credit risk, including the credit risk of the issuer, and the value of the exchange-traded note may drop due to a downgrade in the issuers credit rating, despite the underlying market benchmark or strategy remaining unchanged. The value of an exchange-traded note may also be influenced by time to maturity, level of supply and demand for the exchange-traded note, volatility and lack of liquidity in underlying assets, changes in the applicable interest rates, changes in the issuers credit rating, and economic, legal, political, or geographic events that affect the referenced underlying asset.        Foreign Credit Exposure Risk. U.S. dollar-denominated securities carrying foreign credit exposure may be affected by unfavorable political, economic or governmental developments that could affect payments of principal and interest.        Foreign Securities Risk. An underlying funds foreign investments may be affected by changes in a foreign countrys exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.        Fund of Funds Risk. The Funds performance depends on the underlying funds in which it invests, and it is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds. The underlying funds may change their investment objectives, policies or practices and may not achieve their investment objectives, all of which may cause the Fund to withdraw its investments therein at a disadvantageous time.        Industry Focus Risk. To the extent an underlying fund invests in securities issued or guaranteed by companies in the banking and financial services industries, the underlying funds performance will depend on the overall condition of those industries, which may be affected by the following factors: the supply of short-term financing, changes in government regulation and interest rates, and overall economy.        Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.        Leverage Risk. Leverage exists when an underlying fund purchases or sells an instrument or enters into a transaction without investing cash in an amount equal to the full economic exposure of the instrument or transaction and the underlying fund could lose more than it invested. Leverage created from borrowing or certain types of transactions or instruments may impair an underlying funds liquidity, cause it to liquidate positions at an unfavorable time, increase volatility or otherwise not achieve its intended objective.        Liquidity Risk. An underlying fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.        Management Risk. The investment techniques and risk analysis used by the Funds and the underlying funds portfolio managers may not produce the desired results.        Market Risk. The prices of and the income generated by the underlying funds securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.        Money Market Fund Risk. Although the underlying fund seeks to preserve the value of your investment at $1.00 per share, you may lose money by investing in the underlying fund. The share price of money market funds can fall below the $1.00 share price. You should not rely on or expect the underlying funds adviser or its affiliates to enter into support agreements or take other actions to maintain the underlying funds $1.00 share price. The credit quality of the underlying funds holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the underlying funds share price. An underlying funds share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Further regulation could impact the way the underlying fund is managed, possibly negatively impacting its return. Additionally, the underlying funds yield will vary as the short-term securities in its portfolio mature or are sold and the proceeds are reinvested in other securities.        Municipal Securities Risk. An underlying fund may invest in municipal securities. Constitutional amendments, legislative enactments, executive orders, administrative regulations, voter initiatives, and the issuers regional economic conditions may affect the municipal securitys value, interest payments, repayment of principal and the underlying funds ability to sell it. Failure of a municipal security issuer to comply with applicable tax requirements may make income paid thereon taxable, resulting in a decline in the securitys value. In addition, there could be changes in applicable tax laws or tax treatments that reduce or eliminate the current federal income tax exemption on municipal securities or otherwise adversely affect the current federal or state tax status of municipal securities.        Non-Diversification Risk. Certain of the underlying funds are non-diversified and can invest a greater portion of their assets in a single issuer. A change in the value of the issuer could affect the value of an underlying fund more than if it was a diversified fund.        Repurchase Agreement Risk. If the seller of a repurchase agreement in which an underlying fund invests defaults on its obligation or declares bankruptcy, the underlying fund may experience delays in selling the securities underlying the repurchase agreement, resulting in losses.        Subsidiary Risk. By investing in the Subsidiary, an underlying fund is indirectly exposed to risks associated with the Subsidiarys investments, including derivatives and commodities. Because the Subsidiary is not registered under the Investment Company Act of 1940, as amended (1940 Act), the underlying fund, as the sole investor in the Subsidiary, will not have the protections offered to investors in U.S. registered investment companies. Changes in the laws of the United States and/or the Cayman Islands, under which the underlying fund and the Subsidiary, respectively, are organized, could result in the inability of the underlying fund and/or the Subsidiary to operate as described in the underlying fund prospectus and the SAI, and could negatively affect the underlying fund and its shareholders.        Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations or other legally binding authority. If, as a result of any such adverse action, the income of Invesco Balanced-Risk Allocation Fund, an underlying fund, from certain commodity-linked derivatives was treated as non-qualifying income, Invesco Balanced-Risk Allocation Fund might fail to qualify as a regulated investment company and be subject to federal income tax at the fund level. Invesco Balanced-Risk Allocation Fund has received private letter rulings from the Internal Revenue Service confirming that income derived from its investments in the Subsidiary and a form of commodity-linked note constitutes qualifying income to Invesco Balanced-Risk Allocation Fund. However, the Internal Revenue Service has suspended issuance of any further private letter rulings pending a review of its position. Should the Internal Revenue Service issue guidance, or Congress enact legislation, that adversely affects the tax treatment of Invesco Balanced-Risk Allocation Funds use of commodity-linked notes, or the Subsidiary, it could limit its ability to pursue its investment strategy. In this event, Invesco Balanced-Risk Allocation Funds Board of Trustees may authorize a significant change in investment strategy or fund liquidation. Invesco Balanced-Risk Allocation Fund also may incur transaction and other costs to comply with any new or additional guidance from the Internal Revenue Service.        U.S. Government Obligations Risk. An underlying fund may invest in obligations issued by U.S. Government agencies and instrumentalities that may receive varying levels of support from the government, which could affect an underlying funds ability to recover should they default.        Variable-Rate Demand Notes Risk. The absence of an active secondary market for certain variable and floating rate notes could make it difficult to dispose of the instruments, and a portfolio could suffer a loss if the issuer defaults during periods in which a portfolio is not entitled to exercise its demand rights. As with any mutual fund investment, loss of money is a risk of investing. June 30, 2012 0.0925 0.0676 0.1037 0.1016 0.0209 0.0467 -0.0001 -0.0249 -0.0029 -0.0043 0.0271 -0.0056 0.0136 0.0058 0.0024 0.0162 <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOBALANCEDRISKRETIREMENT2030FUND column period compact * ~</div> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.       The Fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The Fund will generally rebalance its assets to the Funds target allocations on a monthly basis. A list of the underlying funds and their approximate target fund weightings as of April 30, 2012 is set forth below:<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="70%"> </td><td width="3%"> </td><td width="13%" align="right"> </td><td width="1%" align="right"> </td><td width="13%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Invesco Balanced-Risk Retirement 2050 </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom">Underlying Funds</td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Fund </td></tr><tr style="font-size: 1pt" valign="bottom" align="center"><td colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"></td></tr><tr valign="bottom" style="background: #CCEEFF"><td align="left" valign="bottom">Invesco Balanced-Risk Allocation Fund</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td align="left" valign="bottom">Liquid Assets Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">0.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom" style="background: #CCEEFF"><td nowrap="nowrap" align="left" valign="bottom">Premier Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">0.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td nowrap="nowrap" align="left" valign="bottom">Total</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr></table>      The Funds name indicates the approximate date an investor in the Fund plans to retire and may stop making new investments in the Fund. Consistent with the Funds real return and capital preservation objectives, the Fund is designed for investors who expect to need all or most of their money in the Fund at retirement and for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Real return is total return reduced by the impact of inflation. Once the asset allocation of the Fund has become similar to the asset allocation of the Invesco Balanced-Risk Retirement Now Fund, the Board of Trustees may approve combining the Fund with Invesco Balanced-Risk Retirement Now Fund if they determine that such a combination is in the best interests of the Fund's shareholders. Such a combination will result in the shareholders of the Fund owning shares of Invesco Balanced-Risk Retirement Now Fund rather than the Fund. The Adviser expects such a combination to generally occur during the year of the Fund's target retirement date.      The following chart displays how the Adviser expects the asset allocation for the Fund to change as its target retirement date approaches. The Fund employs a risk-balanced optimization process which accounts for the flat glide path (the glide path is the rate at which the asset mix changes over time) until approximately 10 years from the target retirement date. The glide path will become more conservative on a quarterly basis approximately 10 years from the target retirement date by gradually reducing the allocation to Invesco Balanced-Risk Allocation Fund and increasing the allocation to the affiliated money market funds. The actual asset allocations for the Fund may differ from those shown in the chart below.<table border="1" cellspacing="0" cellpadding="0" width="100%"><tr><td> </td><td colspan="5" align="center">Years to Retirement</td><td colspan="2" align="center">In Retirement</td></tr><tr><td align="left"> </td><td align="center">40</td><td align="center">30</td><td align="center">20</td><td align="center">10</td><td colspan="5" align="center">0</td></tr><tr><td>Invesco Balanced-Risk Retirement 2050 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td> Invesco Balanced-Risk Retirement 2040 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2030 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2020 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement Now Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr></table>      The following table lists the expected market exposure through Invesco Balanced-Risk Allocation Fund to equities, commodities and fixed income and through Liquid Assets Portfolio and Premier Portfolio to cash equivalents. The portfolio managers actively adjust portfolio positions in Invesco Balanced-Risk Allocation Fund to minimize loss of capital, to benefit from market opportunities and to reduce excessive volatility. Due to the use of leverage in Invesco Balanced-Risk Allocation Fund, an underlying fund, the percentages may not equal 100%.<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 10-40 Years From Retirement </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 15.8</td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 29.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 62.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 35.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 47.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom">81.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 136.9 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table><table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 5 Years From Retirement</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 12.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 23.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 50.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 11.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 38.3 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 68.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 109.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> At Retirement Date</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 37.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 8.2 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 21.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 51.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 82.1 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table>      An investment in the Fund is not guaranteed, and you may experience losses, including near to, at, or after the target date. There is no guarantee that the Fund will provide adequate income at or through your retirement.Investment Objectives and Strategies of the Underlying Funds Invesco Balanced-Risk Allocation Fund. Invesco Balanced-Risk Allocation Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices. Invesco Balanced-Risk Allocation Funds investment objective may be changed by the Board of Trustees without shareholder approval.      Invesco Balanced-Risk Allocation Fund invests primarily in derivative instruments and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. Invesco Balanced-Risk Allocation Fund invests in derivatives and other financially-linked instruments such as futures, swap agreements, including total return swaps and may also invest in U.S. and foreign government debt securities, Invesco Cayman Commodity Fund I Ltd., a wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund organized under the laws of the Cayman Islands (the Subsidiary), exchange-traded funds and exchange-traded notes.      Invesco Balanced-Risk Allocation Funds international investments will generally be in developed countries, but may also include emerging market countries. Invesco Balanced-Risk Allocation Funds fixed income investments are generally considered to be investment grade while Invesco Balanced-Risk Allocation Funds commodity markets exposure will generally be in the precious metals, agriculture, livestock, energy and industrial metals sectors.      Invesco Balanced-Risk Allocation Fund may invest up to 25% of its total assets in the Subsidiary to gain exposure to commodity markets. The Subsidiary, in turn, will invest in futures, swaps, exchange-traded funds and exchange-traded notes.      The Subsidiary is advised by Invesco, has the same investment objective as Invesco Balanced-Risk Allocation Fund and generally employs the same investment strategy. The Subsidiary, unlike Invesco Balanced-Risk Allocation Fund, may invest without limitation in commodity-linked derivatives and other securities that may provide leveraged and non-leveraged exposure to commodities. The Subsidiary also may hold cash and invest in cash equivalent instruments, including affiliated money market funds, some of which may serve as margin or collateral for the Subsidiarys derivative positions. Invesco Balanced-Risk Allocation Fund will be subject to the risks associated with any investment by the Subsidiary to the extent of Invesco Balanced-Risk Allocation Funds investment in the Subsidiary.      Invesco Balanced-Risk Allocation Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can.      Invesco Balanced-Risk Allocation Fund will generally maintain in the range of 40% to 70% of its total assets (including assets invested in the Subsidiary) in cash and cash equivalent instruments including affiliated money market funds. Some of the cash holdings will serve as margin or collateral for Invesco Balanced-Risk Allocation Funds obligations under derivative transactions. The larger the value of Invesco Balanced-Risk Allocation Funds derivative positions, as opposed to positions held in non-derivative type instruments, the more Invesco Balanced-Risk Allocation Fund will be required to maintain cash and cash equivalents as margin or collateral for such derivatives.      Swap agreements are contracts between two parties to which one party agrees with the other party to exchange the returns (or differentials in returns) earned or realized on a particular asset such as a commodity, calculated with respect to a notional amount. The payment streams are calculated by reference to an agreed upon notional amount. Commodity total return swaps are two party contracts in which the parties agree to exchange the return or interest rate on one instrument for the return of a particular commodity, commodity index or commodities futures or options contract.       A futures contract is a standardized agreement between two parties to buy or sell a specific quantity of an underlying instrument or commodity at a specific price at a specific future time. The value of a futures contract tends to increase and decrease in tandem with the value of the underlying instrument or commodity. Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction. Depending on the terms of the particular contract, futures contracts are settled through either physical delivery of the underlying instrument or commodity on the settlement date or by payment of a cash settlement amount on the settlement date.      Exchange-traded funds are traded on an exchange and generally hold a portfolio of securities, commodities and/or currencies that are designed to replicate (i) a specified market or other index, (ii) a basket of securities, commodities or currencies, or (iii) a particular commodity or currency.      Exchange-traded notes are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market, benchmark or strategy. Exchange-traded notes are traded on an exchange; however, investors can also hold the exchange-traded note until maturity. At maturity, the issuer pays to the investor a cash amount equal to the principal amount, subject to the days market benchmark or strategy factor.      The portfolio management teams active three-step investment process involves (1) selecting representative assets to gain exposure to the equity, fixed income and commodity markets; (2) estimating the risk correlation of the selected assets to create a potential portfolio of investments; and (3) actively positioning Invesco Balanced-Risk Allocation Funds positions to reflect the near-term market environment, while remaining consistent with the balanced-risk long-term portfolio structure the management team has designed. The management team balances the opportunity for excess return from active positioning and the need to maintain asset class exposure by setting controlled tactical ranges around the long-term asset allocation.      When executing the investment process described above, the management team can purchase derivatives. By using derivatives, Invesco Balanced-Risk Allocation Fund is able to gain greater exposure to assets within each class than would be possible using cash instruments, and thus seeks to balance the amount of risk each asset class contributes to Invesco Balanced-Risk Allocation Fund.Liquid Assets Portfolio. Liquid Assets Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Liquid Assets Portfolios investment objective may be changed by Liquid Assets Portfolios Board of Trustees without shareholder approval.      Liquid Assets Portfolio invests in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. or foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Liquid Assets Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Liquid Assets Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Liquid Assets Portfolio invests in conformity with Securities and Exchange Commission (SEC) rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Liquid Assets Portfolio invests only in U.S. dollar denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Liquid Assets Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Liquid Assets Portfolios adviser pursuant to guidelines approved by the Liquid Assets Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Liquid Assets Portfolios adviser under the supervision of Liquid Assets Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Liquid Assets Portfolio may invest up to 50% of its total assets in U.S. dollar-denominated foreign securities. Liquid Assets Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Liquid Assets Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Liquid Assets Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities. The portfolio managers manage liquidity, for instance, by trading in daily and weekly variable-rate demand notes.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change.Premier Portfolio. Premier Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Premier Portfolios investment objective may be changed by Premier Portfolios Board of Trustees without shareholder approval.      Premier Portfolio invests primarily in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. and foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Premier Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Premier Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Premier Portfolio invests in conformity with the SEC rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Premier Portfolio invests only in U.S. dollar-denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Premier Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Premier Portfolios adviser pursuant to guidelines approved by Premier Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Premier Portfolios adviser under the supervision of Premier Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Premier Portfolio invests from time to time in U.S. dollar-denominated foreign securities. Premier Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Premier Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Premier Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change. <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOGrowthAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleAverageAnnualTotalReturnsTransposedINVESCOCONVERTIBLESECURITIESFUND column period compact * ~</div> April 30, 2013       The Fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The Fund will generally rebalance its assets to the Funds target allocations on a monthly basis. A list of the underlying funds and their approximate target fund weightings as of April 30, 2012 is set forth below: <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="70%"> </td><td width="3%"> </td><td width="13%" align="right"> </td><td width="1%" align="right"> </td><td width="13%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Invesco Balanced-Risk Retirement 2040 </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom">Underlying Funds</td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Fund </td></tr><tr style="font-size: 1pt" valign="bottom" align="center"><td colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"></td></tr><tr valign="bottom" style="background: #CCEEFF"><td align="left" valign="bottom">Invesco Balanced-Risk Allocation Fund</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td align="left" valign="bottom">Liquid Assets Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">0.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom" style="background: #CCEEFF"><td nowrap="nowrap" align="left" valign="bottom">Premier Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">0.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td nowrap="nowrap" align="left" valign="bottom">Total</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr></table>      The Funds name indicates the approximate date an investor in the Fund plans to retire and may stop making new investments in the Fund. Consistent with the Funds real return and capital preservation objectives, the Fund is designed for investors who expect to need all or most of their money in the Fund at retirement and for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Real return is total return reduced by the impact of inflation. Once the asset allocation of the Fund has become similar to the asset allocation of the Invesco Balanced-Risk Retirement Now Fund, the Board of Trustees may approve combining the Fund with Invesco Balanced-Risk Retirement Now Fund if they determine that such a combination is in the best interests of the Fund's shareholders. Such a combination will result in the shareholders of the Fund owning shares of Invesco Balanced-Risk Retirement Now Fund rather than the Fund. The Adviser expects such a combination to generally occur during the year of the Fund's target retirement date.      The following chart displays how the Adviser expects the asset allocation for the Fund to change as its target retirement date approaches. The Fund employs a risk-balanced optimization process which accounts for the flat glide path (the glide path is the rate at which the asset mix changes over time) until approximately 10 years from the target retirement date. The glide path will become more conservative on a quarterly basis approximately 10 years from the target retirement date by gradually reducing the allocation to Invesco Balanced-Risk Allocation Fund and increasing the allocation to the affiliated money market funds. The actual asset allocations for the Fund may differ from those shown in the chart below.<table border="1" cellspacing="0" cellpadding="0" width="100%"><tr><td> </td><td colspan="5" align="center">Years to Retirement</td><td colspan="2" align="center">In Retirement</td></tr><tr><td align="left"> </td><td align="center">40</td><td align="center">30</td><td align="center">20</td><td align="center">10</td><td colspan="5" align="center">0</td></tr><tr><td>Invesco Balanced-Risk Retirement 2050 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td> Invesco Balanced-Risk Retirement 2040 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2030 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2020 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement Now Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr></table>      The following table lists the expected market exposure through Invesco Balanced-Risk Allocation Fund to equities, commodities and fixed income and through Liquid Assets Portfolio and Premier Portfolio to cash equivalents. The portfolio managers actively adjust portfolio positions in Invesco Balanced-Risk Allocation Fund to minimize loss of capital, to benefit from market opportunities and to reduce excessive volatility. Due to the use of leverage in Invesco Balanced-Risk Allocation Fund, an underlying fund, the percentages may not equal 100%.<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 10-40 Years From Retirement </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 15.8</td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 29.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 62.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 35.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 47.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom">81.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 136.9 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table><table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 5 Years From Retirement</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 12.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 23.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 50.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 11.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 38.3 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 68.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 109.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> At Retirement Date</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 37.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 8.2 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 21.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 51.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 82.1 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table>      An investment in the Fund is not guaranteed, and you may experience losses, including near to, at, or after the target date. There is no guarantee that the Fund will provide adequate income at or through your retirement.Investment Objectives and Strategies of the Underlying Funds Invesco Balanced-Risk Allocation Fund. Invesco Balanced-Risk Allocation Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices. Invesco Balanced-Risk Allocation Funds investment objective may be changed by the Board of Trustees without shareholder approval.      Invesco Balanced-Risk Allocation Fund invests primarily in derivative instruments and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. Invesco Balanced-Risk Allocation Fund invests in derivatives and other financially-linked instruments such as futures, swap agreements, including total return swaps and may also invest in U.S. and foreign government debt securities, Invesco Cayman Commodity Fund I Ltd., a wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund organized under the laws of the Cayman Islands (the Subsidiary), exchange-traded funds and exchange-traded notes.      Invesco Balanced-Risk Allocation Funds international investments will generally be in developed countries, but may also include emerging market countries. Invesco Balanced-Risk Allocation Funds fixed income investments are generally considered to be investment grade while Invesco Balanced-Risk Allocation Funds commodity markets exposure will generally be in the precious metals, agriculture, livestock, energy and industrial metals sectors.      Invesco Balanced-Risk Allocation Fund may invest up to 25% of its total assets in the Subsidiary to gain exposure to commodity markets. The Subsidiary, in turn, will invest in futures, swaps, exchange-traded funds and exchange-traded notes.      The Subsidiary is advised by Invesco, has the same investment objective as Invesco Balanced-Risk Allocation Fund and generally employs the same investment strategy. The Subsidiary, unlike Invesco Balanced-Risk Allocation Fund, may invest without limitation in commodity-linked derivatives and other securities that may provide leveraged and non-leveraged exposure to commodities. The Subsidiary also may hold cash and invest in cash equivalent instruments, including affiliated money market funds, some of which may serve as margin or collateral for the Subsidiarys derivative positions. Invesco Balanced-Risk Allocation Fund will be subject to the risks associated with any investment by the Subsidiary to the extent of Invesco Balanced-Risk Allocation Funds investment in the Subsidiary.      Invesco Balanced-Risk Allocation Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can.      Invesco Balanced-Risk Allocation Fund will generally maintain in the range of 40% to 70% of its total assets (including assets invested in the Subsidiary) in cash and cash equivalent instruments including affiliated money market funds. Some of the cash holdings will serve as margin or collateral for Invesco Balanced-Risk Allocation Funds obligations under derivative transactions. The larger the value of Invesco Balanced-Risk Allocation Funds derivative positions, as opposed to positions held in non-derivative type instruments, the more Invesco Balanced-Risk Allocation Fund will be required to maintain cash and cash equivalents as margin or collateral for such derivatives.      Swap agreements are contracts between two parties to which one party agrees with the other party to exchange the returns (or differentials in returns) earned or realized on a particular asset such as a commodity, calculated with respect to a notional amount. The payment streams are calculated by reference to an agreed upon notional amount. Commodity total return swaps are two party contracts in which the parties agree to exchange the return or interest rate on one instrument for the return of a particular commodity, commodity index or commodities futures or options contract.       A futures contract is a standardized agreement between two parties to buy or sell a specific quantity of an underlying instrument or commodity at a specific price at a specific future time. The value of a futures contract tends to increase and decrease in tandem with the value of the underlying instrument or commodity. Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction. Depending on the terms of the particular contract, futures contracts are settled through either physical delivery of the underlying instrument or commodity on the settlement date or by payment of a cash settlement amount on the settlement date.      Exchange-traded funds are traded on an exchange and generally hold a portfolio of securities, commodities and/or currencies that are designed to replicate (i) a specified market or other index, (ii) a basket of securities, commodities or currencies, or (iii) a particular commodity or currency.      Exchange-traded notes are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market, benchmark or strategy. Exchange-traded notes are traded on an exchange; however, investors can also hold the exchange-traded note until maturity. At maturity, the issuer pays to the investor a cash amount equal to the principal amount, subject to the days market benchmark or strategy factor.      The portfolio management teams active three-step investment process involves (1) selecting representative assets to gain exposure to the equity, fixed income and commodity markets; (2) estimating the risk correlation of the selected assets to create a potential portfolio of investments; and (3) actively positioning Invesco Balanced-Risk Allocation Funds positions to reflect the near-term market environment, while remaining consistent with the balanced-risk long-term portfolio structure the management team has designed. The management team balances the opportunity for excess return from active positioning and the need to maintain asset class exposure by setting controlled tactical ranges around the long-term asset allocation.      When executing the investment process described above, the management team can purchase derivatives. By using derivatives, Invesco Balanced-Risk Allocation Fund is able to gain greater exposure to assets within each class than would be possible using cash instruments, and thus seeks to balance the amount of risk each asset class contributes to Invesco Balanced-Risk Allocation Fund.Liquid Assets Portfolio. Liquid Assets Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Liquid Assets Portfolios investment objective may be changed by Liquid Assets Portfolios Board of Trustees without shareholder approval.      Liquid Assets Portfolio invests in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. or foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Liquid Assets Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Liquid Assets Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Liquid Assets Portfolio invests in conformity with Securities and Exchange Commission (SEC) rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Liquid Assets Portfolio invests only in U.S. dollar denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Liquid Assets Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Liquid Assets Portfolios adviser pursuant to guidelines approved by the Liquid Assets Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Liquid Assets Portfolios adviser under the supervision of Liquid Assets Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Liquid Assets Portfolio may invest up to 50% of its total assets in U.S. dollar-denominated foreign securities. Liquid Assets Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Liquid Assets Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Liquid Assets Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities. The portfolio managers manage liquidity, for instance, by trading in daily and weekly variable-rate demand notes.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change.Premier Portfolio. Premier Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Premier Portfolios investment objective may be changed by Premier Portfolios Board of Trustees without shareholder approval.      Premier Portfolio invests primarily in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. and foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Premier Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Premier Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Premier Portfolio invests in conformity with the SEC rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Premier Portfolio invests only in U.S. dollar-denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Premier Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Premier Portfolios adviser pursuant to guidelines approved by Premier Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Premier Portfolios adviser under the supervision of Premier Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Premier Portfolio invests from time to time in U.S. dollar-denominated foreign securities. Premier Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Premier Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Premier Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change.       The Fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The Fund will generally rebalance its assets to the Funds target allocations on a monthly basis. A list of the underlying funds and their approximate target fund weightings as of April 30, 2012 is set forth below:<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="70%"> </td><td width="3%"> </td><td width="13%" align="right"> </td><td width="1%" align="right"> </td><td width="13%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Invesco Balanced-Risk Retirement 2020 </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="left" valign="bottom">Underlying Funds</td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Fund </td></tr><tr style="font-size: 1pt" valign="bottom" align="center"><td colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"></td></tr><tr valign="bottom" style="background: #CCEEFF"><td align="left" valign="bottom">Invesco Balanced-Risk Allocation Fund</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">94.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td align="left" valign="bottom">Liquid Assets Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">3.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom" style="background: #CCEEFF"><td nowrap="nowrap" align="left" valign="bottom">Premier Portfolio</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">3.00</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr><tr valign="bottom"><td nowrap="nowrap" align="left" valign="bottom">Total</td><td></td><td nowrap="nowrap" align="right" valign="bottom"></td><td nowrap="nowrap" align="right" valign="bottom">100</td><td nowrap="nowrap" align="left" valign="bottom">%</td></tr><tr valign="bottom"><td colspan="5" valign="bottom"><div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div></td></tr></table>      The Funds name indicates the approximate date an investor in the Fund plans to retire and may stop making new investments in the Fund. Consistent with the Funds real return and capital preservation objectives, the Fund is designed for investors who expect to need all or most of their money in the Fund at retirement and for investors who plan to withdraw the value of their account in the Fund gradually after retirement. Real return is total return reduced by the impact of inflation. Once the asset allocation of the Fund has become similar to the asset allocation of the Invesco Balanced-Risk Retirement Now Fund, the Board of Trustees may approve combining the Fund with Invesco Balanced-Risk Retirement Now Fund if they determine that such a combination is in the best interests of the Fund's shareholders. Such a combination will result in the shareholders of the Fund owning shares of Invesco Balanced-Risk Retirement Now Fund rather than the Fund. The Adviser expects such a combination to generally occur during the year of the Fund's target retirement date.      The following chart displays how the Adviser expects the asset allocation for the Fund to change as its target retirement date approaches. The Fund employs a risk-balanced optimization process which accounts for the flat glide path (the glide path is the rate at which the asset mix changes over time) until approximately 10 years from the target retirement date. The glide path will become more conservative on a quarterly basis approximately 10 years from the target retirement date by gradually reducing the allocation to Invesco Balanced-Risk Allocation Fund and increasing the allocation to the affiliated money market funds. The actual asset allocations for the Fund may differ from those shown in the chart below.<table border="1" cellspacing="0" cellpadding="0" width="100%"><tr><td> </td><td colspan="5" align="center">Years to Retirement</td><td colspan="2" align="center">In Retirement</td></tr><tr><td align="left"> </td><td align="center">40</td><td align="center">30</td><td align="center">20</td><td align="center">10</td><td colspan="5" align="center">0</td></tr><tr><td>Invesco Balanced-Risk Retirement 2050 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td> Invesco Balanced-Risk Retirement 2040 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2030 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement 2020 Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr><tr><td>Invesco Balanced-Risk Retirement Now Fund</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td align="center">×</td><td colspan="5" align="center">×</td></tr></table>      The following table lists the expected market exposure through Invesco Balanced-Risk Allocation Fund to equities, commodities and fixed income and through Liquid Assets Portfolio and Premier Portfolio to cash equivalents. The portfolio managers actively adjust portfolio positions in Invesco Balanced-Risk Allocation Fund to minimize loss of capital, to benefit from market opportunities and to reduce excessive volatility. Due to the use of leverage in Invesco Balanced-Risk Allocation Fund, an underlying fund, the percentages may not equal 100%.<table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 10-40 Years From Retirement </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 15.8</td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 29.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 62.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 35.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 47.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom">81.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 136.9 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 0.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table><table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> 5 Years From Retirement</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 12.6 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 23.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 50.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 11.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 38.3 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 68.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 109.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 20.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table> <table border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 8pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><tr style="font-size: 1pt" valign="bottom"><td width="56%"> </td><td width="3%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td><td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td> <td width="4%"> </td><td width="5%" align="right"> </td><td width="1%" align="right"> </td><td width="5%" align="left"> </td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="11" align="center" valign="bottom" style="border-bottom: 1px solid #000000"> At Retirement Date</td></tr><tr style="font-size: 8pt" valign="bottom" align="center"><td nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom"></td><td></td><td colspan="3" nowrap="nowrap" align="center" valign="bottom">Strategic </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> </td> </tr> <tr style="font-size: 8pt" valign="bottom" align="center"> <td nowrap="nowrap" align="center" valign="bottom"> </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Minimum </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Allocation </td> <td> </td> <td colspan="3" nowrap="nowrap" align="center" valign="bottom"> Maximum </td> </tr> <tr style="font-size: 1pt" valign="bottom" align="center"> <td colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000"> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Equities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 9.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 17.8 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 37.5 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Commodities </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 8.2 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 13.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 21.4 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom" style="background: #CCEEFF"> <td nowrap="nowrap" align="left" valign="bottom"> Fixed Income </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 28.7 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 51.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 82.1 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> <tr valign="bottom"> <td nowrap="nowrap" align="left" valign="bottom"> Cash Equivalents </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> <td> </td> <td nowrap="nowrap" align="right" valign="bottom"> </td> <td nowrap="nowrap" align="right" valign="bottom"> 40.0 </td> <td nowrap="nowrap" align="left" valign="bottom"> % </td> </tr> <tr valign="bottom"> <td colspan="13" valign="bottom"> <div style="font-size: 0pt; margin-left: 0%; width: 100%; border-bottom: 1pt solid #000000"></div> </td> </tr> </table>      An investment in the Fund is not guaranteed, and you may experience losses, including near to, at, or after the target date. There is no guarantee that the Fund will provide adequate income at or through your retirement.Investment Objectives and Strategies of the Underlying Funds Invesco Balanced-Risk Allocation Fund. Invesco Balanced-Risk Allocation Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices. Invesco Balanced-Risk Allocation Funds investment objective may be changed by the Board of Trustees without shareholder approval.      Invesco Balanced-Risk Allocation Fund invests primarily in derivative instruments and other financially-linked instruments whose performance is expected to correspond to U.S. and international fixed income, equity and commodity markets. Invesco Balanced-Risk Allocation Fund invests in derivatives and other financially-linked instruments such as futures, swap agreements, including total return swaps and may also invest in U.S. and foreign government debt securities, Invesco Cayman Commodity Fund I Ltd., a wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund organized under the laws of the Cayman Islands (the Subsidiary), exchange-traded funds and exchange-traded notes.      Invesco Balanced-Risk Allocation Funds international investments will generally be in developed countries, but may also include emerging market countries. Invesco Balanced-Risk Allocation Funds fixed income investments are generally considered to be investment grade while Invesco Balanced-Risk Allocation Funds commodity markets exposure will generally be in the precious metals, agriculture, livestock, energy and industrial metals sectors.      Invesco Balanced-Risk Allocation Fund may invest up to 25% of its total assets in the Subsidiary to gain exposure to commodity markets. The Subsidiary, in turn, will invest in futures, swaps, exchange-traded funds and exchange-traded notes.      The Subsidiary is advised by Invesco, has the same investment objective as Invesco Balanced-Risk Allocation Fund and generally employs the same investment strategy. The Subsidiary, unlike Invesco Balanced-Risk Allocation Fund, may invest without limitation in commodity-linked derivatives and other securities that may provide leveraged and non-leveraged exposure to commodities. The Subsidiary also may hold cash and invest in cash equivalent instruments, including affiliated money market funds, some of which may serve as margin or collateral for the Subsidiarys derivative positions. Invesco Balanced-Risk Allocation Fund will be subject to the risks associated with any investment by the Subsidiary to the extent of Invesco Balanced-Risk Allocation Funds investment in the Subsidiary.      Invesco Balanced-Risk Allocation Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can.      Invesco Balanced-Risk Allocation Fund will generally maintain in the range of 40% to 70% of its total assets (including assets invested in the Subsidiary) in cash and cash equivalent instruments including affiliated money market funds. Some of the cash holdings will serve as margin or collateral for Invesco Balanced-Risk Allocation Funds obligations under derivative transactions. The larger the value of Invesco Balanced-Risk Allocation Funds derivative positions, as opposed to positions held in non-derivative type instruments, the more Invesco Balanced-Risk Allocation Fund will be required to maintain cash and cash equivalents as margin or collateral for such derivatives.      Swap agreements are contracts between two parties to which one party agrees with the other party to exchange the returns (or differentials in returns) earned or realized on a particular asset such as a commodity, calculated with respect to a notional amount. The payment streams are calculated by reference to an agreed upon notional amount. Commodity total return swaps are two party contracts in which the parties agree to exchange the return or interest rate on one instrument for the return of a particular commodity, commodity index or commodities futures or options contract.       A futures contract is a standardized agreement between two parties to buy or sell a specific quantity of an underlying instrument or commodity at a specific price at a specific future time. The value of a futures contract tends to increase and decrease in tandem with the value of the underlying instrument or commodity. Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction. Depending on the terms of the particular contract, futures contracts are settled through either physical delivery of the underlying instrument or commodity on the settlement date or by payment of a cash settlement amount on the settlement date.      Exchange-traded funds are traded on an exchange and generally hold a portfolio of securities, commodities and/or currencies that are designed to replicate (i) a specified market or other index, (ii) a basket of securities, commodities or currencies, or (iii) a particular commodity or currency.      Exchange-traded notes are senior, unsecured, unsubordinated debt securities whose returns are linked to the performance of a particular market, benchmark or strategy. Exchange-traded notes are traded on an exchange; however, investors can also hold the exchange-traded note until maturity. At maturity, the issuer pays to the investor a cash amount equal to the principal amount, subject to the days market benchmark or strategy factor.      The portfolio management teams active three-step investment process involves (1) selecting representative assets to gain exposure to the equity, fixed income and commodity markets; (2) estimating the risk correlation of the selected assets to create a potential portfolio of investments; and (3) actively positioning Invesco Balanced-Risk Allocation Funds positions to reflect the near-term market environment, while remaining consistent with the balanced-risk long-term portfolio structure the management team has designed. The management team balances the opportunity for excess return from active positioning and the need to maintain asset class exposure by setting controlled tactical ranges around the long-term asset allocation.      When executing the investment process described above, the management team can purchase derivatives. By using derivatives, Invesco Balanced-Risk Allocation Fund is able to gain greater exposure to assets within each class than would be possible using cash instruments, and thus seeks to balance the amount of risk each asset class contributes to Invesco Balanced-Risk Allocation Fund.Liquid Assets Portfolio. Liquid Assets Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Liquid Assets Portfolios investment objective may be changed by Liquid Assets Portfolios Board of Trustees without shareholder approval.      Liquid Assets Portfolio invests in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. or foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Liquid Assets Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Liquid Assets Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Liquid Assets Portfolio invests in conformity with Securities and Exchange Commission (SEC) rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Liquid Assets Portfolio invests only in U.S. dollar denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Liquid Assets Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Liquid Assets Portfolios adviser pursuant to guidelines approved by the Liquid Assets Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Liquid Assets Portfolios adviser under the supervision of Liquid Assets Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Liquid Assets Portfolio may invest up to 50% of its total assets in U.S. dollar-denominated foreign securities. Liquid Assets Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Liquid Assets Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Liquid Assets Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities. The portfolio managers manage liquidity, for instance, by trading in daily and weekly variable-rate demand notes.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change.Premier Portfolio. Premier Portfolios investment objective is to provide current income consistent with preservation of capital and liquidity. Premier Portfolios investment objective may be changed by Premier Portfolios Board of Trustees without shareholder approval.      Premier Portfolio invests primarily in high-quality U.S. dollar-denominated short-term debt obligations, including: (i) securities issued by the U.S. Government or its agencies; (ii) bankers acceptances, certificates of deposit, and time deposits from U.S. and foreign banks; (iii) repurchase agreements; (iv) commercial paper; (v) municipal securities; and (vi) master notes.      Premier Portfolio will limit investments to those securities that are First Tier Securities (defined below) at the time of purchase.      Premier Portfolio is a money market fund that seeks to maintain a stable price of $1.00 per share by using the amortized cost method to value portfolio securities and rounding the share value to the nearest cent. Premier Portfolio invests in conformity with the SEC rules and regulation requirements for money market funds for the quality, maturity, diversification and liquidity of investments. Premier Portfolio invests only in U.S. dollar-denominated securities maturing within 397 days of the date of purchase, with certain exceptions permitted by applicable regulations. Premier Portfolio maintains a dollar-weighted average portfolio maturity of no more than 60 days, and a dollar-weighted average portfolio maturity as determined without exceptions regarding certain interest rate adjustments under Rule 2a-7 of no more than 120 days. Each investment must be determined to present minimal credit risks by the Premier Portfolios adviser pursuant to guidelines approved by Premier Portfolios Board of Trustees, and must be an Eligible Security as defined under applicable regulations. First Tier Securities generally means Eligible Securities rated within the highest short-term rating category, an unrated security of comparable quality as determined by Premier Portfolios adviser under the supervision of Premier Portfolios Board of Trustees, U.S. Government Securities as defined by applicable regulations, and securities issued by other registered money market funds.      Premier Portfolio invests from time to time in U.S. dollar-denominated foreign securities. Premier Portfolio may also invest in securities, whether or not considered foreign securities, which carry foreign credit exposure.      In selecting securities for Premier Portfolio, the portfolio managers focus on securities that offer safety, liquidity, and a competitive yield. Premier Portfolios adviser conducts a credit analysis of each potential issuer prior to the purchase of its securities.      The portfolio managers normally hold portfolio securities to maturity, but may sell a security when they deem it advisable, such as when market or credit factors materially change. June 30, 2012 The Funds investment objective is long-term growth of capital. 2012-09-24 The Funds investment objective is total return consistent with a moderate level of risk relative to the broad stock market. The Fund’s investment objective is long-term growth of capital. The Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices, 0.008 The Funds investment objective is to provide real return and, 0 The Funds investment objective is long-term growth of capital. 0.0072 1201 The Funds investment objective is total return consistent with a lower level of risk relative to the broad stock market. 0.86 0 0.0088 0 0 0.0064 Principal Risks of Investing in the Fund The Funds investment objective is long-term growth of capital. 0.0068 0.0068 1340 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Performance Information 1049 0.0065 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0.27 Principal Risks of Investing in the Fund 1014 Principal Risks of Investing in the Fund 0.2664 0.1066 0.194 0.0558 0 0 0.0059 0.0059 0.26 Best Quarter -0.2401 1182 1014 906 -0.0323 -0.0434 -0.0296 -0.0237 -0.0056 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0.57 Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0.0741 0.1476 0.1185 0.0841 0.0651 Principal Risks of Investing in the Fund Principal Risks of Investing in the Fund 1547 1547 Best Quarter -0.1002 0.38 0.0133 0.0245 0.0105 -0.0025 0.0364 0.0369 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Performance Information 0.11 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund’s performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund. The Fund’s past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Fund’s Web site at www.invesco.com/us. Principal Risks of Investing in the Fund and the Underlying Funds <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOGlobalQuantitativeCoreFund column period compact * ~</div> Best Quarter -0.2662 Principal Risks of Investing in the Fund Performance Information 0.144 The Funds investment objective is current income and, 0.1162 0.1033 0.1294 -0.0242 -0.0314 -0.0212 -0.0292 -0.0472 -0.027 <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedInvescoConservativeAllocationFund column period compact * ~</div> An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. Best Quarter -0.2134 Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0.0317 0.0149 0.018 -0.0025 0.0442 0.0369 0.0069 0.0069 1025 930 Best Quarter -0.2326 0.0317 0.0263 0.0265 0.0272 -0.0025 0.0209 0.0114 0.1196 0.0749 0.1228 0.0224 0.0131 0.0182 0.0183 -0.0025 0.0141 0.0128 Best Quarter -0.1674 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. 0.1187 0.0366 0.103 0.15 <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOSmallCapGrowthFund column period compact * ~</div> Best Quarter An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. 0 0 0.0085 0.0085 Principal Risks of Investing in the Fund Performance Information An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 1549 1549 <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOInternationalAllocationFund column period compact * ~</div> The Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices, and as a secondary objective, capital preservation. 0.15 0.0148 0.0025 0.0067 -0.0025 0.0198 0.0138 0.1347 The Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices, <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOMidCapCoreEquityFund column period compact * ~</div> 0 0 0.0087 0.0087 Principal Risks of Investing in the Fund and the Underlying Funds Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0 0 0.0087 0.0087 0.09 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. 3368 3368 0.22 2128 2128 The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOIncomeAllocationFund column period compact * ~</div> 0.14 Performance Information Principal Risks of Investing in the Fund and the Underlying Funds Principal Risks of Investing in the Fund and the Underlying Funds <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOBALANCEDRISKRETIREMENT2020FUND column period compact * ~</div> Best Quarter -0.1101 <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOModerateAllocationFund column period compact * ~</div> -0.1538 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. 0.11 0.1318 0.1343 An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. Best Quarter -0.1957 Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. Best Quarter The Funds investment objective is to provide total return with a low to moderate correlation to traditional financial market indices, -0.2235 and as a secondary objective, capital preservation. 0.08 The Funds investment objective is to seek a high level of total return on its assets through a combination of current income and capital appreciation. The Funds investment objective is long-term growth of capital consistent with a higher level of risk relative to the broad stock market. Best Quarter -0.0873 0.1325 0.0052 0.0052 0 0.0078 Performance Information 1120 Best Quarter 726 726 0.28 0.38 -0.2131 Principal Risks of Investing in the Fund 0 0 Principal Risks of Investing in the Fund 0.0087 0.0087 Performance Information Performance Information The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market benchmark, a style specific benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to the Fund. The Funds past performance (before and after taxes) is not necessarily an indication of its future performance. Updated performance information is available on the Funds Web site at www.invesco.com/us. The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in performance of the Fund from year to year as of December 31. The performance table compares the Funds performance to that of a broad-based securities market/style specific benchmark and a peer group benchmark with investment objectives and strategies similar to the Fund. The Funds and Morgan Stanley Convertible Securities Funds (the predecessor funds) past performance (before and after taxes) is not necessarily an indication of its future performance.        Class R5 and Class R6 shares of the Fund have less than a calendar year of performance; therefore, the returns shown are those of the Funds (and the predecessor funds) Class A shares, which are not offered in this prospectus. Class R5 and Class R6 shares would have different returns from the predecessor fund because, although the shares are invested in the same portfolio of securities, Class R5 and Class R6 shares have different expenses. The predecessor fund was advised by Morgan Stanley Investment Advisors Inc.        Updated performance information is available on the Funds Web site at www.invesco.com/us. 1613 1592 The bar chart does not reflect sales loads. If it did, the annual total returns shown would be lower. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The bar chart does not reflect sales loads. If it did, the annual total returns shown would be lower. <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOBALANCEDRISKRETIREMENTNOWFUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOBALANCEDRISKRETIREMENT2030FUND column period compact * ~</div> Best Quarter Best Quarter -0.1567 -0.233 0.1698 0.0796 0.0809 0.1106 0.0744 0.1324 0.1797 -0.0095 -0.0164 -0.0098 -0.0025 -0.012 -0.0032 0.0436 0.0339 0.0322 0.0431 0.021 0.0256 <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOBALANCEDRISKRETIREMENT2050FUND column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOBALANCEDRISKRETIREMENT2040FUND column period compact * ~</div> Principal Risks of Investing in the Fund and the Underlying Funds An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. secondarily, growth of capital. <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOGrowthAllocationFund column period compact * ~</div> <div style="display:none">~ http://www.invesco.com/role/ScheduleExpenseExampleTransposedINVESCOCONVERTIBLESECURITIESFUND column period compact * ~</div> as a secondary objective, capital preservation. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. and as a secondary objective, capital preservation. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. and as a secondary objective, capital preservation. Money Market Fund Risk. Although the underlying fund seeks to preserve the value of your investment at $1.00 per share, you may lose money by investing in the underlying fund. The share price of money market funds can fall below the $1.00 share price. You should not rely on or expect the underlying fund's adviser or its affiliates to enter into support agreements or take other actions to maintain the underlying fund's $1.00 share price. The credit quality of the underlying fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the underlying fund's share price. An underlying fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Further regulation could impact the way the underlying fund is managed, possibly negatively impacting its return. Additionally, the underlying fund's yield will vary as the short-term securities in its portfolio mature or are sold and the proceeds are reinvested in other securities. Money Market Fund Risk. Although the underlying fund seeks to preserve the value of your investment at $1.00 per share, you may lose money by investing in the underlying fund. The share price of money market funds can fall below the $1.00 share price. You should not rely on or expect the underlying fund's adviser or its affiliates to enter into support agreements or take other actions to maintain the underlying fund's $1.00 share price. The credit quality of the underlying fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the underlying fund's share price. An underlying fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Further regulation could impact the way the underlying fund is managed, possibly negatively impacting its return. Additionally, the underlying fund's yield will vary as the short-term securities in its portfolio mature or are sold and the proceeds are reinvested in other securities. Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed, through June 30, 2012 to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses (excluding certain items discussed in the SAI) to 0.12% of average daily net assets. The expense limit terminated on June 30, 2012. Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed, through June 30, 2012 to waive the advisory fee and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses (excluding certain items discussed in the SAI) to 0.14% of average daily net assets. Acquired Fund Fees and Expenses are also excluded in determining such obligation. The expense limit terminated on June 30, 2012. "Other Expenses" and "Total Annual Fund Operating Expenses" for Class R6 shares are based on estimated amounts for the current fiscal year. Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed, through at least April 30, 2013, to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.00% of average daily net assets. Acquired Fund Fees and Expenses are also excluded in determining such obligation. Unless the Board of Trustees or Invesco mutually agree to amend or continue the fee waiver agreement, it will terminate on April 30, 2013. Class R5 shares' performance shown prior to the inception date is that of Class A shares and includes the 12b-1 fees applicable to Class A shares. Class A shares' performance reflects any applicable fee waivers and/or expense reimbursements. The inception date of the Fund's Class A shares is September 15, 1997. The Fund has elected to use the MSCI AC World Ex-US Index rather than the MSCI EAFE Index as its broad-based securities market/style specific benchmark because the MSCI AC World Ex-US Index more appropriately reflects the Fund's investment style. Class R6 shares' performance shown prior to the inception date is that of the Class A shares, and includes the 12b-1 fees applicable to Class A shares. Class A shares' performance reflects any applicable fee waivers and/or expense reimbursements. The inception date of the Fund's Class A shares is October 18, 1995. Class R6 shares' performance shown prior to the inception date is that of the Class A shares, and includes the 12b-1 fees applicable to Class A shares. Class A shares' performance reflects any applicable fee waivers and/or expense reimbursements. The inception date of the Fund's Class A shares is January 31, 2007. Class R6 shares' performance shown prior to the inception date is that of the Class A shares, and includes the 12b-1 fees applicable to Class A shares. Class A shares' performance reflects any applicable fee waivers and/or expense reimbursements. The inception date of the Fund's Class A shares is June 9, 1987. "Total Annual Fund Operating Expenses" have been restated to reflect the reorganization of one or more affiliated investment companies into the Fund. Effective May 1, 2012, Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed, through at least April 30, 2013, to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class R5 shares to 0.00% of average daily net assets. Acquired Fund Fees and Expenses are also excluded in determining such obligation. Unless the Board of Trustees or Invesco mutually agree to amend or continue the fee waiver agreement, it will terminate on April 30, 2013. Class R6 shares' performance shown prior to the inception date is that of the Class A shares, and includes the 12b-1 fees applicable to Class A shares. Class A shares' performance reflects any applicable fee waivers and/or expense reimbursements. The inception date of the Fund's Class A shares is January 31, 2007. Class R5 and R6 shares' performance shown prior to the inception date is that of the Fund's (and the predecessor fund's) Class A shares and includes the 12b-1 fees applicable to Class A shares. Class A shares performance reflects any applicable fee waivers and/or expense reimbursement. The inception date of the predecessor fund's Class A shares is July 28, 1997.