NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments(a)  
November 30, 2024
(Unaudited)
 
 

 
Shares
Value
Common Stocks & Other Equity Interests–77.52%
Advertising–0.09%
Omnicom Group, Inc.
965
$101,151
Trade Desk, Inc. (The), Class A(b)
627
80,601
 
 
181,752
Aerospace & Defense–1.85%
Boeing Co. (The)(b)(c)
706
109,741
General Dynamics Corp.
1,159
329,168
General Electric Co.
4,208
766,529
L3Harris Technologies, Inc.
691
170,159
Lockheed Martin Corp.
1,256
664,939
Northrop Grumman Corp.
521
255,108
RTX Corp.
8,932
1,088,185
TransDigm Group, Inc.
181
226,787
 
 
3,610,616
Agricultural & Farm Machinery–0.26%
Deere & Co.(c)
1,092
508,763
Agricultural Products & Services–0.12%
Archer-Daniels-Midland Co.
4,250
232,050
Air Freight & Logistics–0.26%
FedEx Corp.
967
292,682
United Parcel Service, Inc., Class B(c)
1,607
218,102
 
 
510,784
Apparel Retail–0.21%
Ross Stores, Inc.
549
85,024
TJX Cos., Inc. (The)
2,515
316,110
 
 
401,134
Apparel, Accessories & Luxury Goods–0.04%
lululemon athletica, inc.(b)
263
84,334
Application Software–1.77%
Adobe, Inc.(b)
914
471,560
ANSYS, Inc.(b)
83
29,141
Autodesk, Inc.(b)
364
106,251
Cadence Design Systems, Inc.(b)
735
225,505
Datadog, Inc., Class A(b)
808
123,422
Fair Isaac Corp.(b)
78
185,252
HubSpot, Inc.(b)
115
82,921
Intuit, Inc.
607
389,530
Palantir Technologies, Inc., Class A(b)(c)
4,047
271,473
Roper Technologies, Inc.
670
379,515
Salesforce, Inc.
2,791
921,002
Synopsys, Inc.(b)
234
130,687
Workday, Inc., Class A(b)
535
133,745
 
 
3,450,004
Asset Management & Custody Banks–0.75%
Ameriprise Financial, Inc.
285
163,581
Bank of New York Mellon Corp. (The)
1,961
160,547
BlackRock, Inc.
236
241,381
Blackstone, Inc., Class A
2,089
399,187
 
 
Shares
Value
Asset Management & Custody Banks–(continued)
KKR & Co., Inc., Class A
1,976
$321,831
Northern Trust Corp.
194
21,565
State Street Corp.
998
98,313
T. Rowe Price Group, Inc.
476
58,948
 
 
1,465,353
Automobile Manufacturers–1.04%
Ford Motor Co.
22,834
254,142
General Motors Co.
15,379
854,919
Tesla, Inc.(b)
2,693
929,516
 
 
2,038,577
Automotive Parts & Equipment–0.03%
Aptiv PLC(b)
1,137
63,138
Automotive Retail–0.28%
AutoZone, Inc.(b)
76
240,885
O’Reilly Automotive, Inc.(b)
248
308,319
 
 
549,204
Biotechnology–1.48%
AbbVie, Inc.
6,121
1,119,715
Amgen, Inc.(c)
1,364
385,835
Biogen, Inc.(b)
375
60,236
BioNTech SE, ADR (Germany)(b)
1,198
141,831
Gilead Sciences, Inc.
5,482
507,524
Moderna, Inc.(b)
324
13,951
Regeneron Pharmaceuticals, Inc.(b)
310
232,568
Vertex Pharmaceuticals, Inc.(b)
904
423,189
 
 
2,884,849
Broadline Retail–2.53%
Amazon.com, Inc.(b)
21,545
4,478,990
Coupang, Inc. (South Korea)(b)
2,153
54,600
eBay, Inc.
2,591
163,985
MercadoLibre, Inc. (Brazil)(b)
125
248,146
 
 
4,945,721
Building Products–0.25%
Carrier Global Corp.
807
62,437
Johnson Controls International PLC
1,365
114,469
Trane Technologies PLC
750
312,165
 
 
489,071
Cable & Satellite–0.68%
Charter Communications, Inc., Class A(b)
732
290,578
Comcast Corp., Class A
23,908
1,032,587
 
 
1,323,165
Cargo Ground Transportation–0.05%
Old Dominion Freight Line, Inc.
427
96,135
Casinos & Gaming–0.07%
Las Vegas Sands Corp.(c)
2,550
135,303
Commodity Chemicals–0.11%
Dow, Inc.
2,865
126,662
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Commodity Chemicals–(continued)
LyondellBasell Industries N.V., Class A
1,124
$93,674
 
 
220,336
Communications Equipment–1.14%
Arista Networks, Inc.(b)
479
194,388
Cisco Systems, Inc.
26,392
1,562,670
Motorola Solutions, Inc.
924
461,723
 
 
2,218,781
Construction & Engineering–0.05%
Quanta Services, Inc.
257
88,542
Construction Machinery & Heavy Transportation Equipment–
0.76%
Caterpillar, Inc.
2,263
919,027
Cummins, Inc.
665
249,401
PACCAR, Inc.
2,741
320,697
 
 
1,489,125
Construction Materials–0.11%
Martin Marietta Materials, Inc.
191
114,600
Vulcan Materials Co.
328
94,507
 
 
209,107
Consumer Electronics–0.11%
Garmin Ltd.
979
208,135
Consumer Finance–0.65%
American Express Co.
2,558
779,371
Capital One Financial Corp.
1,778
341,394
Discover Financial Services
842
153,606
 
 
1,274,371
Consumer Staples Merchandise Retail–1.49%
Costco Wholesale Corp.
1,300
1,263,444
Dollar General Corp.(c)
514
39,717
Dollar Tree, Inc.(b)(c)
416
29,648
Target Corp.(c)
1,770
234,189
Walmart, Inc.
14,429
1,334,682
 
 
2,901,680
Copper–0.11%
Freeport-McMoRan, Inc.
4,144
183,165
Southern Copper Corp. (Mexico)(c)
289
29,001
 
 
212,166
Data Center REITs–0.13%
Digital Realty Trust, Inc.
526
102,933
Equinix, Inc.
163
159,981
 
 
262,914
Distillers & Vintners–0.06%
Brown-Forman Corp., Class B(c)
333
14,013
Constellation Brands, Inc., Class A
452
108,909
 
 
122,922
Distributors–0.03%
Genuine Parts Co.
528
66,913
Diversified Banks–3.31%
Bank of America Corp.
26,770
1,271,843
Citigroup, Inc.
9,378
664,619
 
 
Shares
Value
Diversified Banks–(continued)
Fifth Third Bancorp
2,324
$111,691
JPMorgan Chase & Co.
10,480
2,617,066
NU Holdings Ltd., Class A (Brazil)(b)
9,965
124,861
PNC Financial Services Group, Inc. (The)
1,185
254,443
U.S. Bancorp
3,416
182,039
Wells Fargo & Co.
16,298
1,241,419
 
 
6,467,981
Diversified Financial Services–0.08%
Apollo Global Management, Inc.
930
162,778
Diversified Support Services–0.22%
Cintas Corp.
1,496
337,782
Copart, Inc.(b)
1,356
85,957
 
 
423,739
Electric Utilities–1.46%
American Electric Power Co., Inc.
2,109
210,605
Constellation Energy Corp.
1,578
404,852
Duke Energy Corp.
4,731
553,764
Edison International
1,385
121,534
Entergy Corp.
1,159
181,001
Eversource Energy
1,619
104,409
Exelon Corp.
5,002
197,879
FirstEnergy Corp.
1,869
79,526
NextEra Energy, Inc.
3,587
282,189
PG&E Corp.
5,472
118,359
PPL Corp.
3,287
114,815
Southern Co. (The)(c)
2,981
265,696
Xcel Energy, Inc.(c)
2,962
214,923
 
 
2,849,552
Electrical Components & Equipment–0.64%
AMETEK, Inc.
902
175,331
Eaton Corp. PLC
1,275
478,660
Emerson Electric Co.
930
123,318
Rockwell Automation, Inc.
211
62,275
Vertiv Holdings Co., Class A
3,187
406,661
 
 
1,246,245
Electronic Components–0.30%
Amphenol Corp., Class A
5,740
417,011
Corning, Inc.
3,607
175,553
 
 
592,564
Electronic Equipment & Instruments–0.03%
Keysight Technologies, Inc.(b)
381
65,090
Electronic Manufacturing Services–0.09%
TE Connectivity PLC (Switzerland)
1,200
181,344
Environmental & Facilities Services–0.45%
Republic Services, Inc.
932
203,456
Waste Connections, Inc.
983
189,198
Waste Management, Inc.
2,106
480,631
 
 
873,285
Fertilizers & Agricultural Chemicals–0.08%
Corteva, Inc.
2,665
165,870
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Financial Exchanges & Data–0.65%
CME Group, Inc., Class A
1,392
$331,296
Coinbase Global, Inc., Class A(b)
852
252,362
Intercontinental Exchange, Inc.
1,432
230,495
Moody’s Corp.
296
147,994
MSCI, Inc.
135
82,300
Nasdaq, Inc.
876
72,699
S&P Global, Inc.
301
157,276
 
 
1,274,422
Food Distributors–0.06%
Sysco Corp.
1,551
119,598
Food Retail–0.11%
Kroger Co. (The)
3,543
216,406
Footwear–0.05%
NIKE, Inc., Class B
1,152
90,743
Gold–0.02%
Newmont Corp.
1,106
46,386
Health Care Distributors–0.34%
Cardinal Health, Inc.
872
106,593
Cencora, Inc.
728
183,129
McKesson Corp.
590
370,815
 
 
660,537
Health Care Equipment–1.58%
Abbott Laboratories
5,074
602,639
Baxter International, Inc.
1,362
45,913
Becton, Dickinson and Co.
1,132
251,191
Boston Scientific Corp.(b)
5,124
464,542
DexCom, Inc.(b)
811
63,250
Edwards Lifesciences Corp.(b)
1,058
75,488
GE HealthCare Technologies, Inc.
1,508
125,496
IDEXX Laboratories, Inc.(b)
161
67,902
Intuitive Surgical, Inc.(b)
777
421,134
Medtronic PLC
5,455
472,075
ResMed, Inc.
140
34,863
STERIS PLC
95
20,811
Stryker Corp.
914
358,425
Zimmer Biomet Holdings, Inc.(c)
674
75,555
 
 
3,079,284
Health Care Facilities–0.17%
HCA Healthcare, Inc.
998
326,566
Health Care REITs–0.15%
Alexandria Real Estate Equities, Inc.
792
87,302
Ventas, Inc.
939
60,162
Welltower, Inc.
1,112
153,656
 
 
301,120
Health Care Services–0.65%
Cigna Group (The)
1,579
533,386
CVS Health Corp.
10,832
648,295
Labcorp Holdings, Inc.
327
78,860
 
 
1,260,541
Health Care Supplies–0.01%
Align Technology, Inc.(b)
68
15,828
 
 
Shares
Value
Health Care Technology–0.02%
Veeva Systems, Inc., Class A(b)
142
$32,355
Heavy Electrical Equipment–0.09%
GE Vernova, Inc.(b)
543
181,427
Home Improvement Retail–0.93%
Home Depot, Inc. (The)
2,946
1,264,217
Lowe’s Cos., Inc.
2,021
550,581
 
 
1,814,798
Homebuilding–0.23%
D.R. Horton, Inc.
1,246
210,300
Lennar Corp., Class A
1,411
246,064
 
 
456,364
Hotels, Resorts & Cruise Lines–0.62%
Airbnb, Inc., Class A(b)
1,500
204,165
Booking Holdings, Inc.
115
598,228
Hilton Worldwide Holdings, Inc.
742
188,052
Marriott International, Inc., Class A
399
115,347
Royal Caribbean Cruises Ltd.
447
109,095
 
 
1,214,887
Household Products–0.92%
Church & Dwight Co., Inc.(c)
557
61,343
Colgate-Palmolive Co.
4,854
469,042
Kimberly-Clark Corp.
918
127,923
Procter & Gamble Co. (The)
6,342
1,136,867
 
 
1,795,175
Human Resource & Employment Services–0.32%
Automatic Data Processing, Inc.
1,765
541,731
Paychex, Inc.(c)
629
92,004
 
 
633,735
Industrial Conglomerates–0.29%
3M Co.
1,558
208,040
Honeywell International, Inc.
1,505
350,559
 
 
558,599
Industrial Gases–0.50%
Air Products and Chemicals, Inc.
212
70,878
Linde PLC
1,955
901,235
 
 
972,113
Industrial Machinery & Supplies & Components–0.51%
Dover Corp.
532
109,539
Fortive Corp.
1,169
92,737
Illinois Tool Works, Inc.(c)
834
231,452
Ingersoll Rand, Inc.
826
86,044
Otis Worldwide Corp.
1,392
143,348
Parker-Hannifin Corp.
401
281,863
Xylem, Inc.
458
58,051
 
 
1,003,034
Industrial REITs–0.14%
Prologis, Inc.
2,273
265,441
Insurance Brokers–0.51%
Aon PLC, Class A
685
268,205
Arthur J. Gallagher & Co.
514
160,491
Marsh & McLennan Cos., Inc.
1,856
432,875
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Insurance Brokers–(continued)
Willis Towers Watson PLC
433
$139,426
 
 
1,000,997
Integrated Oil & Gas–0.65%
Chevron Corp.
3,903
632,013
Exxon Mobil Corp.
4,282
505,104
Occidental Petroleum Corp.
2,462
124,528
 
 
1,261,645
Integrated Telecommunication Services–2.05%
AT&T, Inc.
88,646
2,053,041
Verizon Communications, Inc.
44,093
1,955,084
 
 
4,008,125
Interactive Home Entertainment–0.16%
Electronic Arts, Inc.
1,779
291,169
Roblox Corp., Class A(b)(c)
478
23,962
 
 
315,131
Interactive Media & Services–5.36%
Alphabet, Inc., Class A
29,886
5,049,240
Meta Platforms, Inc., Class A
9,447
5,425,601
 
 
10,474,841
Internet Services & Infrastructure–0.03%
Snowflake, Inc., Class A(b)
296
51,741
Investment Banking & Brokerage–0.70%
Charles Schwab Corp. (The)
2,964
245,300
Goldman Sachs Group, Inc. (The)
1,237
752,801
Morgan Stanley
2,739
360,480
 
 
1,358,581
IT Consulting & Other Services–1.35%
Accenture PLC, Class A (Ireland)
1,983
718,580
Cognizant Technology Solutions Corp.,
Class A
3,176
255,636
Gartner, Inc.(b)
135
69,921
International Business Machines Corp.
6,969
1,584,820
 
 
2,628,957
Life & Health Insurance–0.38%
Aflac, Inc.
1,792
204,288
MetLife, Inc.
3,657
322,657
Principal Financial Group, Inc.
516
44,938
Prudential Financial, Inc.
1,334
172,633
 
 
744,516
Life Sciences Tools & Services–0.44%
Agilent Technologies, Inc.(c)
540
74,504
Danaher Corp.
997
238,971
Illumina, Inc.(b)(c)
154
22,199
IQVIA Holdings, Inc.(b)
362
72,704
Mettler-Toledo International, Inc.(b)
56
70,067
Thermo Fisher Scientific, Inc.
649
343,730
Waters Corp.(b)(c)
57
21,929
West Pharmaceutical Services, Inc.
69
22,472
 
 
866,576
Managed Health Care–0.92%
Centene Corp.(b)
2,738
164,280
 
 
Shares
Value
Managed Health Care–(continued)
Elevance Health, Inc.
917
$373,183
Humana, Inc.
116
34,380
UnitedHealth Group, Inc.
2,021
1,233,214
 
 
1,805,057
Metal, Glass & Plastic Containers–0.01%
Ball Corp.
297
18,461
Movies & Entertainment–0.83%
Liberty Media Corp.-Liberty Formula
One(b)(c)
704
62,205
Netflix, Inc.(b)
920
815,865
Walt Disney Co. (The)
5,306
623,296
Warner Bros. Discovery, Inc.(b)
10,953
114,788
 
 
1,616,154
Multi-Family Residential REITs–0.10%
AvalonBay Communities, Inc.
364
85,667
Equity Residential
1,483
113,687
 
 
199,354
Multi-line Insurance–0.14%
American International Group, Inc.
3,539
272,078
Multi-Sector Holdings–1.68%
Berkshire Hathaway, Inc., Class B(b)
6,802
3,285,502
Multi-Utilities–0.64%
Ameren Corp.
1,177
111,097
CMS Energy Corp.
1,342
93,551
Consolidated Edison, Inc.
1,522
153,098
Dominion Energy, Inc.
1,687
99,111
DTE Energy Co.
765
96,222
Public Service Enterprise Group, Inc.
3,003
283,183
Sempra
2,292
214,691
WEC Energy Group, Inc.(c)
2,020
204,121
 
 
1,255,074
Oil & Gas Equipment & Services–0.09%
Baker Hughes Co., Class A
957
42,060
Halliburton Co.
2,256
71,876
Schlumberger N.V.
1,370
60,198
 
 
174,134
Oil & Gas Exploration & Production–0.45%
ConocoPhillips
2,778
300,968
Coterra Energy, Inc.
703
18,784
Devon Energy Corp.
2,456
93,205
Diamondback Energy, Inc.
837
148,643
EOG Resources, Inc.
1,737
231,473
Hess Corp.
539
79,330
 
 
872,403
Oil & Gas Refining & Marketing–0.34%
Marathon Petroleum Corp.
2,183
340,875
Phillips 66
894
119,778
Valero Energy Corp.
1,448
201,388
 
 
662,041
Oil & Gas Storage & Transportation–0.39%
Cheniere Energy, Inc.
994
222,666
Kinder Morgan, Inc.
8,807
248,974
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Oil & Gas Storage & Transportation–(continued)
ONEOK, Inc.
1,025
$116,440
Williams Cos., Inc. (The)
3,063
179,247
 
 
767,327
Other Specialized REITs–0.12%
VICI Properties, Inc.
6,901
225,042
Other Specialty Retail–0.03%
Ulta Beauty, Inc.(b)
175
67,662
Packaged Foods & Meats–0.52%
General Mills, Inc.(c)
3,173
210,243
Hershey Co. (The)(c)
611
107,615
Hormel Foods Corp.
1,422
46,116
Kellanova
983
79,908
Kraft Heinz Co. (The)
7,721
246,840
McCormick & Co., Inc.
242
18,975
Mondelez International, Inc., Class A
3,969
257,787
Tyson Foods, Inc., Class A
642
41,409
 
 
1,008,893
Passenger Airlines–0.02%
Delta Air Lines, Inc.(c)
702
44,802
Passenger Ground Transportation–0.19%
Uber Technologies, Inc.(b)
5,085
365,917
Personal Care Products–0.06%
Estee Lauder Cos., Inc. (The), Class A
436
31,444
Kenvue, Inc.(c)
3,845
92,588
 
 
124,032
Pharmaceuticals–3.52%
Bristol-Myers Squibb Co.
10,632
629,627
Eli Lilly and Co.
2,419
1,923,951
Johnson & Johnson
15,996
2,479,540
Merck & Co., Inc.
15,339
1,559,056
Pfizer, Inc.
8,280
217,019
Zoetis, Inc.
439
76,935
 
 
6,886,128
Property & Casualty Insurance–1.38%
Allstate Corp. (The)
1,339
277,695
Arch Capital Group Ltd.(b)
2,205
222,088
Chubb Ltd.
2,181
629,720
Hartford Financial Services Group, Inc.
(The)
2,000
246,620
Markel Group, Inc.(b)(c)
65
115,890
Progressive Corp. (The)
3,288
884,078
Travelers Cos., Inc. (The)
1,235
328,559
 
 
2,704,650
Rail Transportation–0.43%
CSX Corp.
8,150
297,883
Norfolk Southern Corp.
579
159,717
Union Pacific Corp.
1,568
383,627
 
 
841,227
Real Estate Services–0.08%
CBRE Group, Inc., Class A(b)
869
121,651
CoStar Group, Inc.(b)(c)
388
31,560
 
 
153,211
 
 
Shares
Value
Regional Banks–0.18%
M&T Bank Corp.
718
$157,953
Regions Financial Corp.
2,820
76,873
Truist Financial Corp.
2,478
118,151
 
 
352,977
Research & Consulting Services–0.13%
Equifax, Inc.
200
52,312
Verisk Analytics, Inc.
681
200,357
 
 
252,669
Restaurants–0.81%
Chipotle Mexican Grill, Inc.(b)
3,946
242,758
DoorDash, Inc., Class A(b)
818
147,632
McDonald’s Corp.
2,587
765,778
Starbucks Corp.
2,808
287,708
Yum! Brands, Inc.
985
136,856
 
 
1,580,732
Retail REITs–0.18%
Realty Income Corp.
3,446
199,489
Simon Property Group, Inc.
877
161,017
 
 
360,506
Self-Storage REITs–0.15%
Extra Space Storage, Inc.
422
72,145
Public Storage
638
222,056
 
 
294,201
Semiconductor Materials & Equipment–0.59%
Applied Materials, Inc.
3,453
603,274
KLA Corp.
402
260,106
Lam Research Corp.
3,800
280,744
 
 
1,144,124
Semiconductors–5.82%
Advanced Micro Devices, Inc.(b)(c)
3,345
458,850
Analog Devices, Inc.
1,064
232,005
Broadcom, Inc.
10,198
1,652,892
GLOBALFOUNDRIES, Inc.(b)(c)
76
3,287
Intel Corp.
4,088
98,317
Marvell Technology, Inc.
1,215
112,618
Microchip Technology, Inc.
1,689
115,139
Micron Technology, Inc.
3,521
344,882
Monolithic Power Systems, Inc.
77
43,708
NVIDIA Corp.
48,320
6,680,240
ON Semiconductor Corp.(b)
1,102
78,374
QUALCOMM, Inc.
5,186
822,137
Texas Instruments, Inc.
3,669
737,579
 
 
11,380,028
Soft Drinks & Non-alcoholic Beverages–0.77%
Coca-Cola Co. (The)
10,818
693,217
Keurig Dr Pepper, Inc.
2,028
66,214
Monster Beverage Corp.(b)
1,085
59,816
PepsiCo, Inc.
4,170
681,587
 
 
1,500,834
Specialty Chemicals–0.42%
DuPont de Nemours, Inc.
2,885
241,157
Ecolab, Inc.
693
172,398
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Specialty Chemicals–(continued)
International Flavors & Fragrances, Inc.
483
$44,127
PPG Industries, Inc.
727
90,417
Sherwin-Williams Co. (The)
696
276,590
 
 
824,689
Steel–0.18%
Nucor Corp.
2,300
355,787
Systems Software–4.80%
CrowdStrike Holdings, Inc., Class A(b)
1,269
439,036
Fortinet, Inc.(b)
1,283
121,949
Microsoft Corp.
18,734
7,933,100
Oracle Corp.
1,560
288,350
Palo Alto Networks, Inc.(b)(c)
560
217,179
ServiceNow, Inc.(b)
357
374,650
 
 
9,374,264
Technology Distributors–0.06%
CDW Corp.
720
126,670
Technology Hardware, Storage & Peripherals–3.15%
Apple, Inc.
22,833
5,418,956
Dell Technologies, Inc., Class C
1,817
231,831
Hewlett Packard Enterprise Co.
10,391
220,497
HP, Inc.
2,971
105,263
NetApp, Inc.
878
107,678
Super Micro Computer, Inc.(b)(c)
2,410
78,662
 
 
6,162,887
Telecom Tower REITs–0.17%
American Tower Corp.
828
173,052
Crown Castle, Inc.
845
89,781
SBA Communications Corp., Class A
336
76,020
 
 
338,853
Timber REITs–0.04%
Weyerhaeuser Co.
2,304
74,327
Tobacco–0.42%
Altria Group, Inc.
8,558
494,139
Philip Morris International, Inc.
2,409
320,541
 
 
814,680
Trading Companies & Distributors–0.36%
Fastenal Co.
2,432
203,218
United Rentals, Inc.
342
296,172
W.W. Grainger, Inc.
164
197,676
 
 
697,066
Transaction & Payment Processing Services–3.62%
Block, Inc., Class A(b)(c)
1,035
91,649
Corpay, Inc.(b)
370
141,037
Fidelity National Information Services, Inc.
2,899
247,285
Fiserv, Inc.(b)
2,754
608,524
Global Payments, Inc.
1,047
124,551
Mastercard, Inc., Class A
4,544
2,421,679
PayPal Holdings, Inc.(b)
5,035
436,887
Visa, Inc., Class A
9,498
2,992,630
 
 
7,064,242
 
 
Shares
Value
Water Utilities–0.03%
American Water Works Co., Inc.
386
$52,859
Wireless Telecommunication Services–0.54%
T-Mobile US, Inc.
4,312
1,064,805
Total Common Stocks & Other Equity Interests
(Cost $102,981,684)
151,470,211
 
Principal
Amount
 
Equity Linked Notes–4.79%
Diversified Banks–4.37%
Citigroup Global Markets Holdings, Inc.
(Invesco S&P 500 Equal Weight ETF),
144.48%, 12/18/2024(d)
 
$614,000
587,170
137.14%, 12/19/2024(d)
 
524,000
512,952
HSBC Bank PLC (Invesco S&P 500 Equal
Weight ETF) (United Kingdom),
118.12%, 12/02/2024
 
148,000
140,153
147.65%, 12/23/2024(d)
 
864,000
875,111
114.38%, 01/02/2025(d)
 
288,000
290,834
Mizuho Markets Cayman L.P. (Invesco
S&P 500 Equal Weight ETF) (Japan),
147.90%, 12/11/2024(d)
 
892,000
910,637
118.20%, 12/31/2024(d)
 
288,000
290,693
Royal Bank of Canada (Invesco S&P 500
Equal Weight ETF) (Canada),
113.38%, 12/02/2024(d)
 
396,000
352,067
124.08%, 12/05/2024(d)
 
876,000
775,864
Societe Generale S.A. (Invesco S&P 500
Equal Weight ETF) (France),
113.50%, 12/09/2024(d)
 
952,000
960,524
115.75%, 12/26/2024(d)
 
796,000
811,719
Toronto-Dominion Bank (The) (Invesco
S&P 500 Equal Weight ETF)
(Canada), 126.50%,
12/16/2024(d)
 
727,000
739,744
Wells Fargo Bank N.A. (Invesco
S&P 500 Equal Weight ETF),
124.62%, 12/27/2024(d)
 
1,275,000
1,291,872
 
 
8,539,340
Investment Banking & Brokerage–0.42%
Nomura Holdings, Inc. (Invesco
S&P 500 Equal Weight ETF) (Japan),
140.50%, 12/12/2024(d)
 
799,000
816,114
Total Equity Linked Notes (Cost $9,439,000)
9,355,454
 

Shares
 
Money Market Funds–18.78%
Invesco Government & Agency Portfolio,
Institutional Class, 4.57%(e)(f)
12,908,093
12,908,093
Invesco Treasury Portfolio, Institutional
Class, 4.53%(e)(f)
23,799,010
23,799,010
Total Money Market Funds (Cost $36,707,103)
36,707,103
TOTAL INVESTMENTS IN SECURITIES
(excluding investments purchased
with cash collateral from securities
on loan)-101.09%
(Cost $149,127,787)
 
197,532,768
Investments Purchased with Cash Collateral from
Securities on Loan
Money Market Funds–2.46%
Invesco Private Government Fund,
4.63%(e)(f)(g)
1,347,417
1,347,417
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage U.S. Fund
 
 
Shares
Value
Money Market Funds–(continued)
Invesco Private Prime Fund, 4.71%(e)(f)(g)
3,461,293
$3,462,332
Total Investments Purchased with Cash Collateral
from Securities on Loan (Cost $4,809,749)
4,809,749
TOTAL INVESTMENTS IN SECURITIES–103.55%
(Cost $153,937,536)
202,342,517
OTHER ASSETS LESS LIABILITIES—(3.55)%
(6,944,764
)
NET ASSETS–100.00%
$195,397,753
Investment Abbreviations: 
ADR
– American Depositary Receipt
ETF
– Exchange-Traded Fund
REIT
– Real Estate Investment Trust
Notes to Schedule of Investments: 
(a)
Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the
exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b)
Non-income producing security.
(c)
All or a portion of this security was out on loan at November 30, 2024.
(d)
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at
November 30, 2024 was $9,215,301, which represented 4.72% of the Fund’s Net Assets.
(e)
Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the three months ended November 30, 2024.
 
 
Value
August 31, 2024
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
Value
November 30, 2024
Dividend Income
Investments in Affiliated Money Market Funds:
Invesco Government & Agency Portfolio,
Institutional Class
$14,402,682
$4,818,063
$(6,312,652)
$-
$-
$12,908,093
$157,827
Invesco Treasury Portfolio, Institutional Class
26,574,675
8,947,832
(11,723,497)
-
-
23,799,010
287,920
Investments Purchased with Cash Collateral
from Securities on Loan:
Invesco Private Government Fund
557,137
6,040,849
(5,250,569)
-
-
1,347,417
7,957*
Invesco Private Prime Fund
1,451,384
12,557,502
(10,546,514)
(69)
29
3,462,332
21,054*
Total
$42,985,878
$32,364,246
$(33,833,232)
$(69)
$29
$41,516,852
$474,758
 
*
Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from
borrowers, if any.
 
(f)
The rate shown is the 7-day SEC standardized yield as of November 30, 2024.
(g)
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of
the securities loaned.
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 Income Advantage U.S. Fund
Notes to Quarterly Schedule of Portfolio Holdings
November 30, 2024
(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 significant events cause market movements to 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 November 30, 2024. 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
$151,470,211
$—
$—
$151,470,211
Equity Linked Notes
—
9,355,454
—
9,355,454
Money Market Funds
36,707,103
4,809,749
—
41,516,852
Total Investments
$188,177,314
$14,165,203
$—
$202,342,517
Invesco Income Advantage U.S. Fund