NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments(a)  
January 31, 2026
(Unaudited)
 
 
Shares
Value
Common Stocks & Other Equity Interests–97.62%
Aerospace & Defense–1.79%
Airbus SE (France)
230,347
$52,737,883
Northrop Grumman Corp.
202,268
140,022,046
 
 
192,759,929
Agricultural & Farm Machinery–1.07%
Deere & Co.
219,468
115,879,104
Apparel Retail–1.70%
Ross Stores, Inc.
636,541
120,083,460
TJX Cos., Inc. (The)
426,214
63,851,119
 
 
183,934,579
Application Software–0.89%
Salesforce, Inc.
451,829
95,918,778
Asset Management & Custody Banks–1.91%
BlackRock, Inc.
99,011
110,787,368
KKR & Co., Inc., Class A
836,986
95,634,021
 
 
206,421,389
Biotechnology–1.84%
AbbVie, Inc.
431,705
96,274,532
Regeneron Pharmaceuticals, Inc.
137,739
102,126,582
 
 
198,401,114
Building Products–2.26%
Carlisle Cos., Inc.(b)
190,451
64,922,841
Johnson Controls International PLC
994,002
118,544,679
Lennox International, Inc.
123,112
60,950,289
 
 
244,417,809
Communications Equipment–2.28%
Cisco Systems, Inc.
3,136,598
245,658,355
Construction Materials–1.15%
CRH PLC
1,011,061
123,763,977
Consumer Staples Merchandise Retail–1.49%
Walmart, Inc.
1,348,796
160,695,555
Diversified Banks–11.97%
Bank of America Corp.
5,544,984
294,993,149
Citigroup, Inc.
1,462,695
169,248,438
Fifth Third Bancorp(b)
1,951,435
98,001,066
JPMorgan Chase & Co.
1,149,764
351,701,310
PNC Financial Services Group, Inc.
(The)
550,586
122,945,854
Wells Fargo & Co.
2,817,140
254,922,998
 
 
1,291,812,815
Electric Utilities–2.66%
Entergy Corp.
1,458,019
139,809,442
PPL Corp.
4,055,582
147,014,847
 
 
286,824,289
Electrical Components & Equipment–3.48%
Eaton Corp. PLC
494,192
173,668,953
Emerson Electric Co.
760,803
111,807,609
 
Shares
Value
Electrical Components & Equipment–(continued)
Hubbell, Inc.
185,340
$90,434,799
 
 
375,911,361
Electronic Manufacturing Services–0.63%
TE Connectivity PLC (Switzerland)
305,948
68,159,095
Financial Exchanges & Data–0.61%
Cboe Global Markets, Inc.
247,484
65,598,109
Food Distributors–1.42%
Sysco Corp.
1,827,196
153,210,385
Health Care Equipment–2.69%
Abbott Laboratories
1,203,090
131,497,737
Medtronic PLC
1,538,334
158,386,869
 
 
289,884,606
Health Care Services–1.68%
CVS Health Corp.
2,431,206
181,173,471
Home Improvement Retail–2.63%
Lowe’s Cos., Inc.
1,061,017
283,355,200
Hotels, Resorts & Cruise Lines–1.61%
Marriott International, Inc., Class A
455,909
143,748,108
Royal Caribbean Cruises Ltd.
93,946
30,499,569
 
 
174,247,677
Household Products–1.43%
Colgate-Palmolive Co.
1,715,501
154,892,585
Industrial Conglomerates–1.02%
Honeywell International, Inc.
481,857
109,632,105
Industrial Gases–1.67%
Linde PLC
393,678
179,899,036
Industrial Machinery & Supplies & Components–1.24%
Parker-Hannifin Corp.
142,584
133,435,810
Industrial REITs–1.38%
Prologis, Inc.
1,143,682
149,319,122
Insurance Brokers–0.88%
Marsh & McLennan Cos., Inc.
504,704
94,980,246
Integrated Oil & Gas–2.49%
Chevron Corp.
1,522,202
269,277,534
Integrated Telecommunication Services–1.63%
AT&T, Inc.
6,710,517
175,882,650
Interactive Media & Services–4.57%
Alphabet, Inc., Class A
943,178
318,794,164
Meta Platforms, Inc., Class A
243,404
174,398,966
 
 
493,193,130
Investment Banking & Brokerage–1.74%
Charles Schwab Corp. (The)
1,805,192
187,595,553
See accompanying notes which are an integral part of this schedule.
Invesco Diversified Dividend Fund
 
Shares
Value
Life Sciences Tools & Services–2.11%
Danaher Corp.
810,357
$177,379,044
Lonza Group AG (Switzerland)
74,373
50,532,737
 
 
227,911,781
Managed Health Care–0.98%
UnitedHealth Group, Inc.
369,425
105,999,115
Movies & Entertainment–1.28%
Walt Disney Co. (The)
1,225,282
138,211,810
Multi-Utilities–2.46%
CMS Energy Corp.
1,231,519
88,041,293
Public Service Enterprise Group, Inc.
1,187,024
97,763,297
Sempra
921,488
80,178,671
 
 
265,983,261
Oil & Gas Exploration & Production–1.35%
ConocoPhillips
1,399,315
145,850,602
Oil & Gas Storage & Transportation–1.83%
Williams Cos., Inc. (The)
2,940,144
197,754,085
Other Specialty Retail–0.69%
Tractor Supply Co.(b)
1,467,827
74,683,038
Personal Care Products–1.28%
Estee Lauder Cos., Inc. (The), Class A
671,568
77,418,359
L’Oreal S.A. (France)
132,424
60,840,752
 
 
138,259,111
Pharmaceuticals–3.54%
Johnson & Johnson
1,221,340
277,549,515
Merck & Co., Inc.
945,929
104,307,591
 
 
381,857,106
Property & Casualty Insurance–1.23%
American International Group, Inc.
905,845
67,829,673
Hartford Insurance Group, Inc. (The)
478,849
64,673,346
 
 
132,503,019
Rail Transportation–1.12%
Union Pacific Corp.
512,846
120,570,095
Restaurants–3.17%
Darden Restaurants, Inc.
264,729
52,773,726
McDonald’s Corp.
673,184
212,052,960
Yum! Brands, Inc.
498,150
77,462,325
 
 
342,289,011
Semiconductor Materials & Equipment–2.42%
ASML Holding N.V., New York Shares
(Netherlands)
107,077
152,370,571
Lam Research Corp.
467,844
109,222,860
 
 
261,593,431
 
Shares
Value
Semiconductors–3.60%
Broadcom, Inc.
435,941
$144,427,253
NXP Semiconductors N.V.
(Netherlands)
603,492
136,473,681
Texas Instruments, Inc.
502,061
108,219,249
 
 
389,120,183
Soft Drinks & Non-alcoholic Beverages–1.24%
Coca-Cola Co. (The)
1,788,463
133,794,917
Systems Software–1.78%
Microsoft Corp.
445,730
191,793,162
Telecom Tower REITs–0.93%
Crown Castle, Inc.
1,155,123
100,276,228
Tobacco–2.17%
Philip Morris International, Inc.
1,305,465
234,252,640
Trading Companies & Distributors–0.63%
Ashtead Group PLC (United Kingdom)
1,052,625
67,767,684
Total Common Stocks & Other Equity Interests
(Cost $7,602,215,760)
10,536,605,647
Money Market Funds–2.26%
Invesco Government & Agency
Portfolio, Institutional Class,
3.61%(c)(d)
85,410,356
85,410,356
Invesco Treasury Portfolio,
Institutional Class, 3.57%(c)(d)
158,614,235
158,614,235
Total Money Market Funds
(Cost $244,024,591)
244,024,591
TOTAL INVESTMENTS IN SECURITIES
(excluding investments
purchased with cash collateral
from securities on
loan)-99.88%
(Cost $7,846,240,351)
 
10,780,630,238
Investments Purchased with Cash Collateral from
Securities on Loan
Money Market Funds–0.48%
Invesco Private Government Fund,
3.65%(c)(d)(e)
14,340,489
14,340,489
Invesco Private Prime Fund,
3.80%(c)(d)(e)
37,275,482
37,286,664
Total Investments Purchased with Cash Collateral
from Securities on Loan (Cost $51,627,153)
51,627,153
TOTAL INVESTMENTS IN SECURITIES–100.36%
(Cost $7,897,867,504)
10,832,257,391
OTHER ASSETS LESS LIABILITIES—(0.36)%
(38,435,916
)
NET ASSETS–100.00%
$10,793,821,475
Investment Abbreviations: 
REIT
– Real Estate Investment Trust
See accompanying notes which are an integral part of this schedule.
Invesco Diversified Dividend Fund
Notes to Schedule of Investments: 
(a)
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the
exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b)
All or a portion of this security was out on loan at January 31, 2026.
(c)
Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended January 31, 2026.
 
 
Value
October 31, 2025
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
Realized
Gain
Value
January 31, 2026
Dividend Income
Investments in Affiliated Money Market Funds:
Invesco Government & Agency Portfolio,
Institutional Class
$43,455,022
$284,845,294
$(242,889,960)
$-
$-
$85,410,356
$461,126
Invesco Treasury Portfolio, Institutional Class
80,697,188
528,998,403
(451,081,356)
-
-
158,614,235
846,799
Investments Purchased with Cash Collateral
from Securities on Loan:
Invesco Private Government Fund
-
53,747,763
(39,407,274)
-
-
14,340,489
44,834*
Invesco Private Prime Fund
-
129,224,496
(91,937,832)
-
-
37,286,664
124,127*
Total
$124,152,210
$996,815,956
$(825,316,422)
$-
$-
$295,651,744
$1,476,886
 
*
Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from
borrowers, if any.
 
(d)
The rate shown is the 7-day SEC standardized yield as of January 31, 2026.
(e)
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of
the securities loaned.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Diversified Dividend Fund
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2026
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of January 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments. 
 
Level 1
Level 2
Level 3
Total
Investments in Securities
Common Stocks & Other Equity Interests
$10,304,726,591
$231,879,056
$—
$10,536,605,647
Money Market Funds
244,024,591
51,627,153
—
295,651,744
Total Investments
$10,548,751,182
$283,506,209
$—
$10,832,257,391
Invesco Diversified Dividend Fund