NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments(a)  
January 31, 2026
(Unaudited)
 
 
Shares
Value
Common Stocks & Other Equity Interests–99.28%
Aerospace & Defense–1.92%
Airbus SE (France)
77,967
$17,850,523
Howmet Aerospace, Inc.
128,097
26,654,424
Northrop Grumman Corp.
30,764
21,296,687
 
 
65,801,634
Agricultural & Farm Machinery–0.93%
Deere & Co.
60,424
31,903,872
Apparel Retail–0.68%
Ross Stores, Inc.
123,265
23,253,942
Application Software–2.17%
Intuit, Inc.
69,154
34,502,314
Salesforce, Inc.
186,605
39,614,375
 
 
74,116,689
Asset Management & Custody Banks–0.80%
KKR & Co., Inc., Class A
240,790
27,512,665
Biotechnology–1.59%
AbbVie, Inc.
243,618
54,329,250
Building Products–1.63%
Carlisle Cos., Inc.
74,316
25,333,581
Johnson Controls International PLC
254,720
30,377,907
 
 
55,711,488
Communications Equipment–1.36%
Cisco Systems, Inc.
595,203
46,616,299
Construction Materials–1.14%
CRH PLC
318,729
39,015,617
Consumer Finance–1.70%
American Express Co.
109,214
38,461,894
Capital One Financial Corp.
89,751
19,649,187
 
 
58,111,081
Consumer Staples Merchandise Retail–1.41%
Walmart, Inc.
404,188
48,154,958
Data Center REITs–0.78%
Digital Realty Trust, Inc.
160,210
26,586,850
Diversified Banks–5.66%
Bank of America Corp.
979,437
52,106,049
JPMorgan Chase & Co.
289,524
88,562,496
Wells Fargo & Co.
581,537
52,623,283
 
 
193,291,828
Electric Utilities–1.18%
PPL Corp.
1,109,419
40,216,439
Electrical Components & Equipment–3.15%
Eaton Corp. PLC
103,826
36,486,533
Emerson Electric Co.
204,248
30,016,286
Rockwell Automation, Inc.
97,543
41,129,006
 
 
107,631,825
 
Shares
Value
Electronic Manufacturing Services–0.82%
TE Connectivity PLC (Switzerland)
125,558
$27,971,811
Environmental & Facilities Services–0.81%
Republic Services, Inc.
129,045
27,756,289
Financial Exchanges & Data–1.24%
Cboe Global Markets, Inc.
159,662
42,320,010
Food Distributors–0.82%
Sysco Corp.
335,661
28,145,175
Health Care Distributors–0.81%
McKesson Corp.
33,503
27,848,029
Health Care Equipment–1.92%
Abbott Laboratories
241,873
26,436,719
Medtronic PLC
381,990
39,329,690
 
 
65,766,409
Health Care Services–0.96%
CVS Health Corp.
440,227
32,805,716
Home Improvement Retail–1.42%
Lowe’s Cos., Inc.
181,575
48,491,420
Homebuilding–0.58%
D.R. Horton, Inc.
133,085
19,808,371
Hotels, Resorts & Cruise Lines–2.07%
Marriott International, Inc., Class A
113,034
35,639,620
Royal Caribbean Cruises Ltd.(b)
107,818
35,003,114
 
 
70,642,734
Household Products–1.60%
Procter & Gamble Co. (The)
359,966
54,632,040
Industrial Gases–0.96%
Linde PLC
72,014
32,908,238
Industrial Machinery & Supplies & Components–1.94%
Lincoln Electric Holdings, Inc.
87,731
23,279,421
Parker-Hannifin Corp.
45,949
43,000,912
 
 
66,280,333
Industrial REITs–1.34%
Prologis, Inc.
349,681
45,654,351
Insurance Brokers–0.98%
Marsh & McLennan Cos., Inc.
177,334
33,372,485
Integrated Oil & Gas–1.46%
Chevron Corp.
281,776
49,846,174
Integrated Telecommunication Services–0.88%
AT&T, Inc.
1,147,491
30,075,739
Interactive Media & Services–9.91%
Alphabet, Inc., Class A
704,051
237,969,238
Meta Platforms, Inc., Class A
140,392
100,590,868
 
 
338,560,106
See accompanying notes which are an integral part of this schedule.
Invesco Rising Dividends Fund
 
Shares
Value
Investment Banking & Brokerage–1.51%
Charles Schwab Corp. (The)
495,571
$51,499,738
Life Sciences Tools & Services–1.56%
Danaher Corp.
167,955
36,763,670
Lonza Group AG (Switzerland)
24,283
16,499,085
 
 
53,262,755
Managed Health Care–0.54%
UnitedHealth Group, Inc.
64,501
18,507,272
Multi-Utilities–1.36%
Ameren Corp.
251,641
25,989,483
CMS Energy Corp.
286,417
20,475,951
 
 
46,465,434
Oil & Gas Exploration & Production–1.07%
ConocoPhillips
349,711
36,450,378
Oil & Gas Storage & Transportation–0.84%
Williams Cos., Inc. (The)
428,933
28,850,034
Pharmaceuticals–2.93%
Eli Lilly and Co.
63,423
65,779,164
Johnson & Johnson
150,716
34,250,211
 
 
100,029,375
Property & Casualty Insurance–1.44%
American International Group, Inc.
244,408
18,301,271
Hartford Insurance Group, Inc. (The)
228,100
30,807,186
 
 
49,108,457
Rail Transportation–1.23%
Union Pacific Corp.
178,688
42,009,549
Restaurants–1.25%
McDonald’s Corp.
136,114
42,875,910
Semiconductor Materials & Equipment–2.64%
Applied Materials, Inc.
94,358
30,413,471
ASML Holding N.V., New York Shares
(Netherlands)
41,996
59,760,308
 
 
90,173,779
Semiconductors–10.41%
Broadcom, Inc.
362,846
120,210,880
NVIDIA Corp.
1,037,960
198,385,295
Texas Instruments, Inc.
172,183
37,114,045
 
 
355,710,220
 
Shares
Value
Specialty Chemicals–0.55%
DuPont de Nemours, Inc.
427,901
$18,793,412
Systems Software–6.42%
Microsoft Corp.
509,721
219,327,849
Technology Hardware, Storage & Peripherals–5.14%
Apple, Inc.
677,046
175,679,896
Telecom Tower REITs–0.69%
American Tower Corp.
132,142
23,690,418
Tobacco–1.53%
Philip Morris International, Inc.
290,591
52,143,649
Transaction & Payment Processing Services–1.55%
Visa, Inc., Class A
164,189
52,840,946
Total Common Stocks & Other Equity Interests
(Cost $1,922,260,552)
3,392,558,938
Money Market Funds–0.62%
Invesco Government & Agency Portfolio,
Institutional Class, 3.61%(c)(d)
7,415,575
7,415,575
Invesco Treasury Portfolio, Institutional
Class, 3.57%(c)(d)
13,901,687
13,901,687
Total Money Market Funds (Cost $21,317,262)
21,317,262
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased
with cash collateral from securities
on loan)-99.90%
(Cost $1,943,577,814)
 
3,413,876,200
Investments Purchased with Cash Collateral from
Securities on Loan
Money Market Funds–0.73%
Invesco Private Government Fund,
3.65%(c)(d)(e)
6,938,909
6,938,909
Invesco Private Prime Fund, 3.80%(c)(d)(e)
17,993,503
17,998,901
Total Investments Purchased with Cash Collateral
from Securities on Loan (Cost $24,937,810)
24,937,810
TOTAL INVESTMENTS IN SECURITIES–100.63%
(Cost $1,968,515,624)
3,438,814,010
OTHER ASSETS LESS LIABILITIES—(0.63)%
(21,479,902
)
NET ASSETS–100.00%
$3,417,334,108
Investment Abbreviations: 
REIT
– Real Estate Investment Trust
See accompanying notes which are an integral part of this schedule.
Invesco Rising Dividends 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
$5,678,665
$33,658,333
$(31,921,423)
$-
$-
$7,415,575
$111,221
Invesco Treasury Portfolio, Institutional Class
10,676,000
62,508,331
(59,282,644)
-
-
13,901,687
205,492
Investments Purchased with Cash Collateral
from Securities on Loan:
Invesco Private Government Fund
-
18,054,861
(11,115,952)
-
-
6,938,909
49,228*
Invesco Private Prime Fund
-
33,093,506
(15,096,121)
-
1,516
17,998,901
134,505*
Total
$16,354,665
$147,315,031
$(117,416,140)
$-
$1,516
$46,255,072
$500,446
 
*
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 Rising Dividends 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
$3,358,209,330
$34,349,608
$—
$3,392,558,938
Money Market Funds
21,317,262
24,937,810
—
46,255,072
Total Investments
$3,379,526,592
$59,287,418
$—
$3,438,814,010
Invesco Rising Dividends Fund