NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments  
November 30, 2024
(Unaudited) 
 
Interest
Rate
Maturity
Date

Principal
Amount
(000)(a)
Value
Variable Rate Senior Loan Interests–84.67%(b)(c)
Aerospace & Defense–2.51%
 
 
ADB Safegate Lux (CEP IV / ADBAS) (Luxembourg), Term Loan B (6 mo. EURIBOR + 4.75%)
 8.51%
10/05/2026
EUR
9,952
$10,297,973
Brown Group Holding LLC (Signature Aviation US Holdings, Inc.)
      
 
 
Incremental Term Loan B-2 (1 mo. Term SOFR + 2.75%)
 7.32%
07/01/2031
 
$583
586,337
Term Loan (1 mo. Term SOFR + 2.75%)
 7.32%
07/01/2031
 
3,602
3,621,360
Castlelake Aviation Ltd.
      
 
 
Incremental Term Loan (3 mo. Term SOFR + 2.75%)
 7.70%
10/22/2027
 
7,252
7,290,686
Term Loan (3 mo. Term SOFR + 2.50%)
 7.45%
10/22/2026
 
3,227
3,242,269
Engineering Research and Consulting LLC, First Lien Term Loan (3 mo. Term SOFR +
5.00%)(d)
 9.51%
08/15/2031
 
5,295
5,308,278
Gogo Intermediate Holdings LLC, Term Loan (1 mo. Term SOFR + 3.86%)
 8.44%
04/30/2028
 
4,294
4,113,296
Greenrock Finance, Inc., First Lien Term Loan B (3 mo. Term SOFR + 3.75%)
 8.35%
07/06/2029
 
458
462,092
KKR Apple Bidco LLC, First Lien Term Loan (1 mo. Term SOFR + 2.86%)
 7.44%
09/22/2028
 
187
187,493
Ovation Parent, Inc. (Kaman), Term Loan B (3 mo. Term SOFR + 3.50%)
 8.10%
04/21/2031
 
774
781,680
Peraton Corp., First Lien Term Loan B (1 mo. Term SOFR + 3.85%)
 8.42%
02/01/2028
 
7,213
6,786,274
Propulsion (BC) Newco LLC (Spain), Term Loan B (3 mo. Term SOFR + 3.25%)
 7.87%
09/14/2029
 
5,416
5,471,978
Rand Parent LLC (Atlas Air), First Lien Term Loan B (3 mo. Term SOFR + 3.75%)
 8.35%
03/17/2030
 
9,085
9,150,149
TransDigm, Inc.
      
 
 
Term Loan I (3 mo. Term SOFR + 2.75%)
 7.35%
08/24/2028
 
13,526
13,561,494
Term Loan J (3 mo. Term SOFR + 2.50%)
 7.10%
02/28/2031
 
2,448
2,450,081
Term Loan K (3 mo. Term SOFR + 2.75%)
 7.35%
03/22/2030
 
488
489,198
 
 
 
 
73,800,638
Air Transport–1.74%
 
 
AAdvantage Loyality IP Ltd. (American Airlines, Inc.), Term Loan (3 mo. Term SOFR +
5.01%)
 9.63%
04/20/2028
 
21,533
22,260,241
American Airlines, Inc.
      
 
 
Term Loan(e)
     –
02/15/2028
 
55
54,875
Term Loan (6 mo. Term SOFR + 2.50%)
 7.21%
06/04/2029
 
12,870
12,932,196
eTraveli Group Holding AB (Sweden), Term Loan B (3 mo. EURIBOR + 4.50%)
 7.85%
11/02/2028
EUR
1,578
1,675,489
United AirLines, Inc., Term Loan B (3 mo. Term SOFR + 2.06%)
 6.63%
02/24/2031
 
6,438
6,486,475
WestJet Airlines Ltd. (Canada), Term Loan (3 mo. Term SOFR + 3.25%)
 7.84%
02/14/2031
 
7,604
7,640,436
 
 
 
 
51,049,712
Automotive–3.60%
 
 
Autokiniton US Holdings, Inc., Term Loan B (1 mo. Term SOFR + 4.11%)
 8.69%
04/06/2028
 
7,483
7,448,379
Belron Group S.A., Term Loan B (3 mo. Term SOFR + 2.75%)
 7.27%
10/16/2031
 
11,822
11,970,878
Constellation Auto (CONSTE/BCA) (United Kingdom)
      
 
 
First Lien Term Loan B-2 (6 mo. GBP SONIA + 4.75%)
 9.95%
07/28/2028
GBP
1,187
1,433,384
Second Lien Term Loan (6 mo. GBP SONIA + 7.50%)
12.45%
07/27/2029
GBP
5,045
5,284,633
DexKo Global, Inc., Incremental First Lien Term Loan (3 mo. Term SOFR + 4.25%)
 8.85%
10/04/2028
 
4,711
4,520,331
Driven Holdings LLC, Term Loan (1 mo. Term SOFR + 3.11%)
 7.80%
12/17/2028
 
5,671
5,691,853
Engineered Components & Systems LLC, Term Loan (1 mo. Term SOFR + 6.00%)
10.57%
08/30/2030
 
5,023
4,884,550
First Brands Group LLC
      
 
 
First Lien Incremental Term Loan (3 mo. EURIBOR + 5.00%)
 8.06%
03/30/2027
EUR
2,000
2,098,979
First Lien Incremental Term Loan (3 mo. Term SOFR + 5.26%)
 9.85%
03/30/2027
 
15,711
15,205,113
First Lien Term Loan (3 mo. Term SOFR + 5.26%)
 9.85%
03/30/2027
 
9,527
9,226,187
Second Lien Term Loan (3 mo. Term SOFR + 8.76%)
13.35%
03/30/2028
 
4,970
4,628,157
Highline Aftermarket Acquisition LLC, First Lien Term Loan (1 mo. Term SOFR + 4.00%)(d)
 8.57%
11/09/2027
 
8,689
8,775,637
LS Group OpCo Acquisition (Les Schwab Tire Centers), Term Loan B (1 mo. Term SOFR +
3.25%)
 7.82%
04/23/2031
 
3,162
3,178,849
Madison Safety & Flow LLC, Term Loan B (1 mo. PRIME + 2.25%)
 2.30%
09/19/2031
 
2,919
2,954,513
Mavis Tire Express Services TopCo Corp., Term Loan B (1 mo. Term SOFR + 3.50%)
 8.07%
05/04/2028
 
9,071
9,158,872
Paint Intermediate III LLC (Wesco Group), Term Loan B (1 mo. Term SOFR + 2.89%)(d)
 7.52%
09/11/2031
 
2,073
2,091,162
Project Boost Purchaser LLC, Term Loan (3 mo. Term SOFR + 3.50%)
 8.15%
07/16/2031
 
3,514
3,549,807
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Automotive–(continued)
Wand NewCo 3, Inc., First Lien Term Loan (1 mo. Term SOFR + 3.25%)
 7.82%
01/30/2031
 
$3,632
$3,662,246
 
 
 
 
105,763,530
Beverage & Tobacco–0.83%
 
 
AI Aqua Merger Sub, Inc., Term Loan B (1 mo. Term SOFR + 3.50%)
 8.16%
07/31/2028
 
7,980
8,054,119
City Brewing Co. LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 6.25%)(d)
10.91%
04/05/2028
 
4,542
3,678,487
Term Loan (3 mo. Term SOFR + 3.76%)
 8.42%
04/05/2028
 
10,680
8,010,207
Term Loan (3 mo. Term SOFR + 5.26%)(d)
 9.92%
04/14/2028
 
10,761
4,573,412
 
 
 
 
24,316,225
Brokers, Dealers & Investment Houses–0.33%
 
 
Creative Planning (CPI Holdco B LLC), Incremental Term Loan B (e)
     –
05/17/2031
 
9,656
9,701,057
Building & Development–3.34%
 
 
Chariot Buyer LLC
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 3.35%)
 7.92%
11/03/2028
 
1,379
1,387,861
First Lien Term Loan (1 mo. Term SOFR + 3.75%)
 8.32%
11/03/2028
 
5,079
5,106,518
Construction Partners, Inc., Term Loan B (1 mo. Term SOFR + 2.50%)(d)
 7.17%
10/29/2031
 
3,498
3,526,056
Empire Today LLC
      
 
 
Term Loan A (3 mo. Term SOFR + 5.76%)
10.25%
08/03/2029
 
4,653
4,561,748
Term Loan B (3 mo. Term SOFR + 5.26%)
 9.85%
04/01/2028
 
21,087
12,848,167
Flakt Woods (Fusilli Holdco) (France), Term Loan B (6 mo. EURIBOR + 5.00%)
 8.85%
04/12/2026
EUR
1,719
1,803,710
Gulfside Supply, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.60%
06/17/2031
 
3,334
3,361,427
Icebox Holdco III, Inc., First Lien Term Loan (3 mo. Term SOFR + 4.01%)
 8.62%
12/22/2028
 
4,117
4,160,092
Interior Logic Group, Inc. (Signal Parent), Term Loan B (1 mo. Term SOFR + 3.60%)
 8.17%
04/01/2028
 
11,725
10,352,986
IPS Corp./CP Iris Holdco, First Lien Term Loan (1 mo. Term SOFR + 3.50%)
 8.07%
10/02/2028
 
4,068
4,093,264
Janus International Group LLC, Term Loan (1 mo. Term SOFR + 2.50%)
 7.07%
08/03/2030
 
1,519
1,524,258
LHS Borrow LLC (Leaf Home Solutions), Term Loan (1 mo. Term SOFR + 4.85%)
 9.42%
02/16/2029
 
12,617
12,214,816
MI Windows and Doors LLC, Incremental Term Loan B (1 mo. Term SOFR + 3.00%)
 7.57%
03/28/2031
 
2,060
2,081,947
Oldcastle BuildingEnvelope, Inc., Term Loan B (3 mo. Term SOFR + 4.25%)
 8.50%
04/29/2029
 
10,736
10,647,806
Platea (BC) Bidco AB
      
 
 
Delayed Draw Term Loan B(f)
 0.00%
04/02/2031
EUR
159
169,145
Delayed Draw Term Loan B (3 mo. EURIBOR + 4.50%)
 7.85%
04/02/2031
EUR
39
41,255
Term Loan B (3 mo. EURIBOR + 4.00%)
 7.46%
04/02/2031
EUR
989
1,051,999
Quikrete Holdings, Inc.
      
 
 
Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
03/19/2029
 
5,124
5,126,857
Term Loan B (1 mo. Term SOFR + 2.50%)
 7.07%
04/14/2031
 
7,292
7,294,255
Quimper AB (Sweden), Term Loan B(e)
     –
03/15/2030
EUR
1,700
1,804,954
TAMKO Building Products LLC, Term Loan B (3 mo. Term SOFR + 2.82%)
 7.34%
09/20/2030
 
4,877
4,913,191
 
 
 
 
98,072,312
Business Equipment & Services–8.89%
 
 
Allied Universal Holdco LLC (USAGM Holdco LLC/UNSEAM), Term Loan (1 mo. Term SOFR +
3.85%)
 8.42%
05/12/2028
 
9,460
9,533,666
Azuria Water Solutions, Inc., Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
05/17/2028
 
1,035
1,044,464
Boost Newco Borrower LLC (WorldPay), Term Loan (3 mo. Term SOFR + 2.50%)
 7.10%
01/31/2031
 
12,772
12,911,590
Checkout Holding Corp. (Catalina Marketing), Term Loan (3 mo. Term SOFR + 9.50%)
14.11%
05/10/2027
 
10,545
10,096,579
Cimpress USA, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.57%
05/17/2028
 
12,572
12,686,947
Cloud Software Group, Inc.
      
 
 
Term Loan (3 mo. Term SOFR + 3.75%)
 8.31%
03/21/2031
 
6,829
6,870,761
Term Loan B (3 mo. Term SOFR + 4.00%)
 8.02%
03/30/2029
 
5,210
5,234,572
Constant Contact, Inc.
      
 
 
Second Lien Term Loan (3 mo. Term SOFR + 7.76%)
12.42%
02/12/2029
 
3,742
3,399,445
Term Loan (3 mo. Term SOFR + 4.26%)
 8.92%
02/10/2028
 
11,458
11,042,472
Corporation Service Co., Term Loan B (1 mo. Term SOFR + 2.50%)
 7.07%
11/02/2029
 
2,460
2,476,763
Deerfield Dakota Holding Corp.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 3.75%)
 8.35%
04/09/2027
 
14,542
14,151,139
Second Lien Term Loan (3 mo. Term SOFR + 7.01%)
11.62%
04/07/2028
 
1,901
1,853,238
DTI HoldCo, Inc., Incremental Term Loan B (1 mo. Term SOFR + 4.75%)
 9.32%
04/26/2029
 
2,449
2,469,802
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Business Equipment & Services–(continued)
Dun & Bradstreet Corp. (The), Term Loan B (1 mo. Term SOFR + 2.25%)
 6.84%
01/18/2029
 
$15,493
$15,554,959
Garda World Security Corp. (Canada), Term Loan B (1 mo. Term SOFR + 3.50%)
 8.11%
02/01/2029
 
13,100
13,273,450
GI Revelation Acquisition LLC, First Lien Term Loan (1 mo. Term SOFR + 4.11%)
 8.69%
05/12/2028
 
13,589
13,706,588
I-Logic Tech Bidco Ltd. (Acuris) (United Kingdom), Term Loan (3 mo. Term SOFR + 3.75%)
 8.42%
02/16/2028
 
4,144
4,179,155
ION Trading Technologies S.a.r.l. (Luxembourg), Term Loan (3 mo. EURIBOR + 4.25%)
 7.60%
04/01/2028
EUR
8,030
8,336,376
KronosNet CX Bidco (Comspa Konecta) (Spain), Term Loan B (6 mo. EURIBOR + 5.75%)
 8.70%
10/25/2029
EUR
7,138
5,756,067
Learning Care Group (US) No. 2, Inc., Term Loan B (3 mo. Term SOFR + 4.00%)
 8.60%
08/11/2028
 
2,803
2,831,110
Monitronics International, Inc., Term Loan B (1 mo. Term SOFR + 7.76%)
(Acquired 06/30/2023-02/16/2024; Cost $30,298,766)(g)
12.33%
06/30/2028
 
30,282
30,434,011
OCM System One Buyer CTB LLC, Term Loan B (3 mo. Term SOFR + 3.90%)(d)
 8.50%
03/02/2028
 
3,615
3,640,204
Orchid Merger Sub II LLC, Term Loan (1 mo. Term SOFR + 4.85%)
(Acquired 11/12/2021-01/05/2022; Cost $9,236,136)(g)
 9.42%
07/27/2027
 
9,531
5,861,822
Plano HoldCo, Inc., Term Loan B (3 mo. Term SOFR + 3.50%)(d)
 8.09%
10/02/2031
 
5,408
5,481,975
Prime Security Services Borrower LLC, Term Loan(e)
     –
10/13/2030
 
575
577,323
Project Dragon (Voyix Digital Banking), Term Loan B (3 mo. Term SOFR + 3.25%)
 7.85%
09/30/2031
 
7,545
7,574,102
Prometric Holdings, Inc., Term Loan B (1 mo. Term SOFR + 4.86%)
 9.44%
01/31/2028
 
6,219
6,291,643
Ryan LLC (Ryan Tax), Term Loan (1 mo. Term SOFR + 3.50%)
 8.07%
11/14/2030
 
8,555
8,616,111
Skillsoft Corp., Term Loan (1 mo. Term SOFR + 5.36%)
 9.94%
07/14/2028
 
1,726
1,395,840
Socotec (Holding SAS) (France), Term Loan B(e)
     –
06/02/2028
 
1,387
1,394,937
Solera (Polaris Newco LLC), First Lien Term Loan (1 mo. GBP SONIA + 5.25%)
 9.95%
06/02/2028
GBP
1,482
1,801,905
Spin Holdco, Inc., Term Loan (3 mo. Term SOFR + 4.26%)
 9.26%
03/04/2028
 
29,708
25,241,012
Thermostat Purchaser III, Inc., Term Loan B (3 mo. Term SOFR + 4.40%)(d)
 9.00%
08/31/2028
 
978
983,287
Verra Mobility Corp., Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
03/24/2028
 
4,663
4,695,324
 
 
 
 
261,398,639
Cable & Satellite Television–2.63%
 
 
Altice Financing S.A. (Altice-Int’l) (Luxembourg)
      
 
 
Term Loan (3 mo. Term SOFR + 5.00%)
 9.66%
10/31/2027
 
8,325
7,261,147
Term Loan B (3 mo. EURIBOR + 5.00%)
 8.18%
10/31/2027
EUR
1,076
983,783
Atlantic Broadband Finance LLC (Cogeco)
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 2.61%)
 7.19%
09/01/2028
 
1,098
1,094,238
Term Loan B-1 (1 mo. Term SOFR + 3.25%)
 7.82%
09/18/2030
 
8,399
8,380,266
Numericable-SFR S.A. (France)
      
 
 
Incremental Term Loan B-13 (6 mo. USD LIBOR + 4.00%)
 8.68%
08/14/2026
 
9,311
7,885,469
Term Loan B-11 (6 mo. USD LIBOR + 2.75%)
 7.43%
07/31/2025
 
4,308
3,982,371
Term Loan B-12 (6 mo. USD LIBOR + 3.69%)
 8.37%
01/31/2026
 
19,308
16,513,274
Term Loan B-14 (3 mo. EURIBOR + 5.50%)
 8.68%
08/15/2028
EUR
4,805
4,133,430
UPC - LG (Sunrise), Term Loan AX (1 mo. Term SOFR + 3.04%)
 7.65%
01/31/2029
 
6,847
6,892,400
Virgin Media 02 - LG (United Kingdom)
      
 
 
Term Loan N (1 mo. Term SOFR + 2.61%)
 7.22%
01/31/2028
 
8,928
8,856,749
Term Loan Q (1 mo. Term SOFR + 3.36%)
 7.97%
01/31/2029
 
3,195
3,178,162
Term Loan Y (6 mo. Term SOFR + 3.35%)
 7.72%
03/31/2031
 
8,195
8,121,444
 
 
 
 
77,282,733
Chemicals & Plastics–9.61%
 
 
A&R Logistics Holdings, Inc. (Quantix)
      
 
 
Incremental Term Loan (3 mo. Term SOFR + 6.90%)(d)
 7.24%
08/03/2026
 
4,881
4,686,058
Incremental Term Loan (3 mo. Term SOFR + 6.75%)(d)
11.35%
08/06/2026
 
75
73,303
A-Gas Finco, Inc., Term Loan (3 mo. Term SOFR + 5.25%)
 9.85%
12/14/2029
 
8,038
7,256,193
AkzoNobel Chemicals
      
 
 
Term Loan B (3 mo. Term SOFR + 3.25%)
 7.66%
04/03/2028
 
9,876
9,997,801
Term Loan B (3 mo. Term SOFR + 3.25%)
 7.66%
04/03/2028
 
6,906
6,990,328
Aruba Investments, Inc.
      
 
 
First Lien Term Loan (1 mo. EURIBOR + 4.00%)
 6.98%
11/24/2027
EUR
5,362
5,588,076
Second Lien Term Loan (1 mo. Term SOFR + 7.85%)
12.42%
11/24/2028
 
4,299
4,144,168
Ascend Performance Materials Operations LLC, Term Loan (6 mo. Term SOFR + 4.85%)
 9.10%
08/27/2026
 
15,075
12,964,157
Austin Powder (A-AP Buyer, Inc.), First Lien Term Loan (3 mo. Term SOFR + 3.25%)
 7.85%
09/09/2031
 
3,609
3,645,325
Charter NEX US, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.65%
12/01/2030
 
7,884
7,956,186
Chemours Co. (The), Term Loan B-3 (1 mo. Term SOFR + 3.50%)
 8.07%
08/18/2028
 
9,628
9,700,276
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Chemicals & Plastics–(continued)
Composite Resins Holding B.V. (AOC), Term Loan B (1 mo. Term SOFR + 3.61%)
 8.19%
10/15/2028
 
$4,867
$4,903,039
Derby Buyer LLC (Delrin), Term Loan B (1 mo. Term SOFR + 3.50%)
 8.16%
11/01/2030
 
4,653
4,674,337
Discovery Purchaser Corp. (BES)
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 4.38%)
 8.96%
10/04/2029
 
11,913
11,992,536
Second Lien Term Loan (3 mo. Term SOFR + 7.00%)
11.59%
10/04/2030
 
1,420
1,387,998
Eastman Tire Additives (River Buyer, Inc.), First Lien Term Loan (3 mo. Term SOFR +
5.51%)
10.12%
11/01/2028
 
9,893
7,992,830
Flint Group (ColourOz Inv) (Germany), PIK Term Loan B, 6.90% PIK Rate, 4.99% Cash
Rate(h)
 6.90%
12/31/2027
 
120
24,239
Fusion (Fusion UK Holding Ltd. & US HoldCo VAD, Inc.), Term Loan B (3 mo. Term SOFR +
3.50%)
 8.10%
05/29/2029
 
1,590
1,604,115
Gemini HDPE LLC, Term Loan (3 mo. Term SOFR + 3.26%)
 7.85%
12/31/2027
 
7,446
7,479,505
Hasa Intermediate Holdings LLC
      
 
 
Delayed Draw Term Loan(d)(f)
 0.00%
01/10/2029
 
378
378,457
Incremental Delayed Draw Term Loan(f)
 0.00%
01/10/2029
 
378
376,565
Incremental Term Loan (3 mo. Term SOFR +4.50%)(d)
 9.02%
01/10/2029
 
3,841
3,841,056
Revolver Loan(d)(f)
 0.00%
01/10/2029
 
1,836
1,835,799
ICP Group Holdings LLC (CPC Acquisition), First Lien Term Loan (3 mo. Term SOFR +
4.01%)
 8.62%
12/29/2027
 
5,464
4,920,300
INEOS Enterprises Holdings US Finco LLC (United Kingdom), Term Loan B (3 mo. Term SOFR
+ 3.85%)
 8.36%
07/08/2030
 
6,386
6,409,542
Ineos Quattro (STYRO)
      
 
 
Term Loan (1 mo. Term SOFR + 4.25%)(d)
 8.82%
10/01/2031
 
9,774
9,835,088
Term Loan B (1 mo. Term SOFR + 4.35%)
 8.92%
04/02/2029
 
13,395
13,437,362
Term Loan B (1 mo. Term SOFR + 3.85%)
 8.42%
03/14/2030
 
2,585
2,595,065
Ineos US Finance LLC
      
 
 
Term Loan (1 mo. Term SOFR + 2.60%)
 7.17%
11/08/2028
 
1,042
1,043,309
Term Loan (1 mo. Term SOFR + 3.25%)
 7.82%
02/18/2030
 
18,605
18,719,080
Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
02/07/2031
 
9,158
9,224,821
Lummus Technology Holdings V LLC (Illuminate Buyer LLC), Term Loan B(e)
     –
12/31/2029
 
4,510
4,546,404
Oxea Corp. (OQ Chemicals)
      
 
 
Term Loan (3 mo. Term SOFR + 8.24%)
12.91%
06/22/2025
 
3,290
3,406,845
Term Loan B-2 (3 mo. Term SOFR + 3.60%)
 8.19%
12/31/2026
 
16,394
14,327,212
Potters Industries, Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
12/14/2027
 
2,196
2,216,356
Proampac PG Borrower LLC, Term Loan (3 mo. Term SOFR + 4.00%)
 8.66%
09/15/2028
 
6,891
6,923,825
Trinseo Materials Operating S.C.A.
      
 
 
Incremental Term Loan (3 mo. Term SOFR + 2.76%)
 7.28%
05/03/2028
 
7,017
4,357,545
Term Loan A (3 mo. Term SOFR + 8.50%)
14.16%
05/03/2028
 
1,655
1,737,851
Term Loan B (3 mo. Term SOFR + 8.50%)
13.16%
05/03/2028
 
12,181
12,777,481
Tronox Finance LLC, Term Loan B(e)
     –
04/04/2029
 
9,816
9,874,438
Univar, Inc., Term Loan B (1 mo. Term SOFR + 3.50%)
 8.10%
08/01/2030
 
13,312
13,500,041
USALCO LLC
      
 
 
Delayed Draw Term Loan(f)
 0.00%
09/17/2031
 
431
436,246
Term Loan (1 mo. Term SOFR + 4.00%)
 8.57%
09/17/2031
 
4,185
4,234,155
V Global Holdings LLC
      
 
 
Revolver Loan (1 mo. Term SOFR + 5.85%)(d)
10.45%
12/22/2025
 
604
564,234
Revolver Loan(d)(f)
 0.00%
12/22/2025
 
286
266,808
Term Loan (3 mo. Term SOFR + 5.90%)(d)
10.42%
12/22/2027
 
7,132
6,661,213
W. R. Grace Holdings LLC, Term Loan (3 mo. Term SOFR + 3.25%)
 7.85%
09/22/2028
 
11,080
11,175,007
 
 
 
 
282,682,575
Clothing & Textiles–0.60%
 
 
ABG Intermediate Holdings 2 LLC, Term Loan (1 mo. Term SOFR + 2.75%)
 7.45%
12/21/2028
 
12,558
12,689,427
Varsity Brands Holding Co., Inc., Term Loan B (3 mo. Term SOFR + 3.75%)
 8.27%
07/25/2031
 
5,002
5,013,539
 
 
 
 
17,702,966
Containers & Glass Products–1.90%
 
 
Berlin Packaging LLC, Term Loan B-7 (3 mo. Term SOFR + 3.75%)
 8.35%
06/07/2031
 
11,071
11,145,046
Keter Group B.V. (Netherlands), Term Loan (3 mo. EURIBOR + 4.75%)
(Acquired 04/29/2024; Cost $12,927,608)(g)
 7.81%
12/28/2029
EUR
12,699
13,084,646
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Containers & Glass Products–(continued)
Libbey Glass LLC, Incremental Term Loan (3 mo. Term SOFR + 6.65%)
(Acquired 11/22/2022-11/22/2024; Cost $15,921,206)(g)
11.27%
11/22/2027
 
$16,553
$16,201,260
Mold-Rite Plastics LLC (Valcour Packaging LLC)
      
 
 
Term Loan A-1 (1 mo. Term SOFR + 5.25%)
 9.88%
10/04/2028
 
5,412
5,500,771
Term Loan A-2 (1 mo. Term SOFR + 1.61%)
 6.25%
10/04/2028
 
6,550
5,803,088
Refresco (Pegasus Bidco B.V.) (Netherlands), Term Loan B (3 mo. Term SOFR + 3.25%)(d)
 7.77%
07/12/2029
 
4,084
4,125,114
 
 
 
 
55,859,925
Cosmetics & Toiletries–0.99%
 
 
Bausch and Lomb, Inc.
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 4.00%)
 8.57%
09/29/2028
 
4,496
4,524,570
Term Loan (1 mo. Term SOFR + 3.35%)
 7.94%
05/10/2027
 
18,556
18,640,640
Rodenstock (Germany), Term Loan B (3 mo. EURIBOR + 5.00%)
 8.06%
06/29/2028
EUR
5,832
5,889,862
 
 
 
 
29,055,072
Drugs–0.58%
 
 
Grifols Worldwide Operations USA, Inc.
      
 
 
Term Loan B (3 mo. EURIBOR + 2.25%)
 5.31%
11/15/2027
EUR
4,305
4,463,540
Term Loan B (3 mo. Term SOFR + 2.15%)
 6.74%
11/15/2027
 
12,976
12,739,966
 
 
 
 
17,203,506
Ecological Services & Equipment–0.56%
 
 
Anticimex Global AB (Sweden), Term Loan B-6 (3 mo. Term SOFR + 3.46%)
 7.97%
11/16/2028
 
938
945,453
EnergySolutions LLC, Term Loan (3 mo. Term SOFR + 3.32%)(d)
 7.84%
09/20/2030
 
7,374
7,447,622
Groundworks LLC
      
 
 
Delayed Draw Term Loan(f)
 0.00%
03/14/2031
 
366
368,600
Delayed Draw Term Loan (1 mo. Term SOFR + 3.25%)
 7.86%
03/14/2031
 
70
70,034
Term Loan (1 mo. Term SOFR + 3.25%)
 7.86%
03/14/2031
 
2,362
2,378,238
Tidal Waste & Recycling Holdings LLC (Coastal Waste & Recyling), Term Loan (1 mo. Term
SOFR + 3.50%)
 8.07%
10/03/2031
 
4,029
4,044,451
TruGreen L.P., Second Lien Term Loan (3 mo. Term SOFR + 8.76%)
13.35%
11/02/2028
 
1,488
1,338,982
 
 
 
 
16,593,380
Electronics & Electrical–7.40%
 
 
Altar BidCo, Inc. (Brooks Automation, Inc.), Second Lien Term Loan (1 yr. Term SOFR +
5.60%)
 9.75%
02/01/2030
 
1,427
1,389,583
Applied Systems, Inc., First Lien Term Loan (3 mo. Term SOFR + 3.01%)
 7.60%
02/24/2031
 
425
428,767
AppLovin Corp., Term Loan (3 mo. PRIME + 1.50%)
 9.25%
10/25/2028
 
1,349
1,350,705
AQA Acquisition Holding, Inc. (SmartBear), Term Loan B(e)
     –
03/02/2028
 
2,950
2,984,484
Boxer Parent Co., Inc., Term Loan (3 mo. Term SOFR + 3.75%)
 8.34%
07/30/2031
 
4,818
4,857,422
Central Parent LLC, Term Loan (3 mo. Term SOFR + 3.25%)
 7.85%
07/06/2029
 
702
703,856
CommerceHub, Inc., Term Loan B (3 mo. Term SOFR + 4.15%)
 8.80%
01/01/2028
 
1,486
1,391,580
ConnectWise LLC, Term Loan (1 mo. Term SOFR + 3.52%)
 8.37%
10/01/2028
 
1,315
1,322,514
Diebold Nixdorf, Inc., Term Loan (1 mo. Term SOFR + 7.50%)
12.11%
08/11/2028
 
5,875
5,999,363
E2Open LLC, Term Loan (1 mo. Term SOFR + 3.61%)
 8.19%
02/04/2028
 
2,722
2,734,917
EverCommerce, Term Loan B (1 mo. Term SOFR + 3.11%)
 7.69%
07/06/2028
 
1,371
1,381,388
GoTo Group, Inc. (LogMeIn)
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 4.85%)
 9.47%
04/30/2028
 
20,395
18,228,420
Second Lien Term Loan (1 mo. Term SOFR + 4.85%)
 9.47%
04/30/2028
 
11,705
4,775,695
Idemia Group S.A.S. (Oberthur Tech/Morpho/OBETEC)
      
 
 
Term Loan B-5 (3 mo. EURIBOR + 4.00%)
 7.35%
09/30/2028
EUR
1,124
1,195,207
Term Loan B-5 (3 mo. Term SOFR + 4.25%)(d)
 8.85%
09/30/2028
 
7,849
7,967,080
Inetum (Granite Fin Bidco SAS) (France), Term Loan B (3 mo. EURIBOR + 5.00%)
 8.46%
10/17/2028
EUR
1,166
1,230,287
Infinite Electronics
      
 
 
First Lien Incremental Term Loan (3 mo. Term SOFR + 6.51%)(d)
10.77%
03/02/2028
 
1,490
1,493,360
First Lien Term Loan (3 mo. Term SOFR + 4.01%)
 8.60%
03/02/2028
 
6,835
6,746,869
Second Lien Term Loan (3 mo. Term SOFR + 7.26%)
11.85%
03/02/2029
 
1,609
1,387,387
Informatica Corp., Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
10/27/2028
 
2,393
2,406,795
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Electronics & Electrical–(continued)
Instructure Holdings, Inc.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 3.00%)
 7.52%
09/11/2031
 
$1,641
$1,654,521
Second Lien Term Loan (3 mo. Term SOFR + 5.00%)
 9.52%
09/10/2032
 
2,572
2,626,880
ION Corp (Helios Software), Term Loan (3 mo. Term SOFR + 3.50%)
 8.09%
07/18/2030
 
3,900
3,934,329
Learning Pool (Brook Bidco Ltd.) (United Kingdom)
      
 
 
Term Loan (3 mo. GBP SONIA + 7.03%)(d)
11.98%
08/17/2028
GBP
2,561
3,125,576
Term Loan (3 mo. Term SOFR + 7.19%)(d)
12.01%
08/17/2028
 
3,410
3,253,540
Mavenir Systems, Inc.
      
 
 
Delayed Draw Term Loan(d)
10.00%
01/31/2025
 
286
285,879
Incremental Term Loan (3 mo. Term SOFR + 9.87%)
14.40%
01/31/2025
 
1,510
1,334,459
Term Loan (3 mo. Term SOFR + 10.00%)(d)
14.59%
01/31/2025
 
888
762,344
Term Loan B (3 mo. Term SOFR + 5.01%)
 9.53%
08/18/2028
 
12,613
8,934,258
McAfee Enterprise, Term Loan (3 mo. Term SOFR + 6.25%)
10.84%
07/27/2028
 
5,145
5,236,741
Mirion Technologies, Inc., Term Loan B (3 mo. Term SOFR + 2.25%)
 6.85%
10/20/2028
 
3,932
3,964,352
Natel Engineering Co., Inc., Term Loan (1 mo. Term SOFR + 6.36%)
10.95%
04/30/2026
 
15,016
14,202,279
Native Instruments (Music Creation Group GmbH/APTUS) (Germany), Term Loan B (3 mo.
EURIBOR + 6.00%)(d)
 9.75%
03/03/2028
EUR
5,421
4,943,415
Particle Luxembourg S.a.r.l. (WebPros), Term Loan B (1 mo. Term SOFR + 4.00%)(d)
 8.57%
03/28/2031
 
6,558
6,595,033
Proofpoint, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.57%
08/31/2028
 
11,851
11,934,223
Quest Software US Holdings, Inc., First Lien Term Loan (3 mo. Term SOFR + 4.40%)
(Acquired 01/20/2022-04/29/2024; Cost $19,913,158)(g)
 8.99%
02/01/2029
 
21,607
15,125,106
Renaissance Holding Corp., Term Loan B (1 mo. Term SOFR + 4.25%)
 8.82%
04/05/2030
 
6,537
6,558,761
SonicWall U.S. Holdings, Inc.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 5.00%)
 9.60%
05/18/2028
 
9,490
9,490,026
Second Lien Term Loan (3 mo. Term SOFR + 7.65%)
12.25%
05/18/2026
 
1,353
1,267,541
STG-Fairway Acquisitions, Inc., Term Loan B (1 mo. Term SOFR + 3.25%)
 7.82%
10/31/2031
 
7,128
7,206,890
Ultimate Software Group, Inc., First Lien Term Loan (3 mo. Term SOFR + 3.00%)
 7.62%
02/10/2031
 
7,876
7,937,729
UST Holdings Ltd., Term Loan B (1 mo. Term SOFR + 3.11%)
 7.62%
11/20/2028
 
6,905
6,945,719
Utimaco (SGT Ultimate BidCo GmbH) (Germany)
      
 
 
Term Loan B-1 (3 mo. EURIBOR + 6.25%)(d)
 9.15%
05/31/2029
EUR
13,364
13,274,773
Term Loan B-2 (3 mo. Term SOFR + 6.51%)(d)
11.08%
05/31/2029
 
7,500
7,117,787
 
 
 
 
217,687,840
Farming/Agriculture–0.14%
 
 
Rovensa (Root Bidco S.a.r.l.), Term Loan B (6 mo. EURIBOR + 5.25%)
 8.84%
09/29/2027
EUR
3,958
4,178,399
Financial Intermediaries–2.05%
 
 
AssetMark Financial Holdings, Inc., Term Loan B (3 mo. Term SOFR + 2.75%)
 7.35%
09/05/2031
 
2,483
2,500,956
AssuredPartners, Inc., Term Loan B-5 (1 mo. Term SOFR + 3.50%)
 8.07%
02/14/2031
 
10,367
10,449,065
Broadstreet Partners, Inc., Term Loan B (1 mo. Term SOFR + 3.25%)
 7.82%
06/13/2031
 
6,379
6,421,289
Edelman Financial Center LLC (The)
      
 
 
Term Loan (1 mo. Term SOFR + 5.25%)
 9.82%
10/06/2028
 
691
695,833
Term Loan B (1 mo. Term SOFR + 3.25%)
 7.82%
04/07/2028
 
8,874
8,939,657
Eisner Advisory Group LLC, Incremental Term Loan (1 mo. Term SOFR + 4.00%)
 8.57%
02/28/2031
 
6,986
7,049,735
Grant Thornton Advisors LLC, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.82%
06/02/2031
 
7,307
7,362,314
LendingTree, Inc., Term Loan B (1 mo. Term SOFR + 4.11%)
 8.69%
09/15/2028
 
7,805
7,829,148
Tegra118 Wealth Solutions, Inc., Term Loan (3 mo. Term SOFR + 4.00%)
 8.52%
02/18/2027
 
7,365
7,120,209
Tricor (Thevelia/Vistra-Virtue), Term Loan (3 mo. Term SOFR + 3.25%)
 7.85%
06/18/2029
 
1,881
1,894,702
 
 
 
 
60,262,908
Food & Drug Retailers–0.25%
 
 
Agrokor (Adria Group Holding BV) (Netherlands), Term Loan (1 mo. EURIBOR + 4.25%)
 7.33%
12/12/2029
EUR
7,000
7,411,967
Food Products–2.33%
 
 
Arnott’s (Snacking Investments US LLC), Term Loan (1 mo. Term SOFR + 4.00%)
 8.57%
12/18/2026
 
987
993,216
Biscuit Holding S.A.S. (BISPOU/Cookie Acq) (France), Term Loan B (6 mo. EURIBOR +
4.00%)
 7.16%
02/12/2027
EUR
11,269
11,332,296
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Food Products–(continued)
Florida Food Products LLC
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 5.00%)
 9.57%
10/18/2028
 
$3,002
$2,586,324
First Lien Term Loan (1 mo. Term SOFR + 5.11%)
 9.69%
10/18/2028
 
19,127
16,535,349
Second Lien Term Loan (1 mo. Term SOFR + 8.11%)(d)
12.69%
10/18/2029
 
4,194
2,810,065
Mosel Bidco SE (Alphia) (Germany), Term Loan B (1 mo. Term SOFR + 5.00%)
 9.57%
10/02/2030
 
2,421
2,319,520
Nomad Foods Ltd. (United Kingdom), Term Loan B-4 (6 mo. Term SOFR + 2.50%)
 6.97%
11/12/2029
 
3,302
3,314,890
Shearer’s Foods LLC, Term Loan (3 mo. Term SOFR + 4.00%)
 8.57%
02/12/2031
 
4,530
4,566,710
Sigma Holdco B.V. (Netherlands)
      
 
 
Term Loan B-10 (6 mo. Term SOFR + 4.41%)
 9.77%
01/03/2028
 
7,608
7,646,168
Term Loan B-9 (3 mo. EURIBOR + 4.50%)
 8.18%
01/03/2028
EUR
13,000
13,772,157
Solina Group Services (Powder Bidco) (France), Term Loan (3 mo. Term SOFR + 3.75%)
 8.70%
03/07/2029
 
2,599
2,613,941
 
 
 
 
68,490,636
Food Service–0.64%
 
 
Areas (Pax Midco Spain)
      
 
 
Term Loan B-2 (3 mo. EURIBOR + 5.00%)
 8.66%
12/31/2029
EUR
4,376
4,640,743
Term Loan B-2 (3 mo. EURIBOR + 5.00%)
 8.74%
12/31/2029
EUR
9,335
9,898,837
WW International, Inc., Term Loan (1 mo. Term SOFR + 3.61%)
 8.19%
04/13/2028
 
17,831
4,403,233
 
 
 
 
18,942,813
Forest Products–0.17%
 
 
NewLife Forest Restoration LLC, Term Loan (d)(e)
     –
04/10/2029
 
4,967
4,966,595
Health Care–3.62%
 
 
Acacium (Impala Bidco Ltd.) (United Kingdom), Term Loan B (1 mo. GBP SONIA +
5.00%)(d)
 9.70%
06/08/2028
GBP
1,000
1,183,379
Ascend Learning LLC
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 3.60%)
 8.17%
12/11/2028
 
2,458
2,471,545
Second Lien Term Loan(e)
     –
12/10/2029
 
3,511
3,514,655
Bracket Intermediate Holding Corp. (Signant), First Lien Term Loan (3 mo. Term SOFR +
5.10%)
 9.70%
05/08/2028
 
3,970
4,005,837
Cerba (Chrome Bidco) (France)
      
 
 
Incremental Term Loan D (1 mo. EURIBOR + 5.45%)
 8.43%
02/16/2029
EUR
2,500
2,377,686
Term Loan B (1 mo. EURIBOR + 3.70%)
 6.68%
06/30/2028
EUR
4,694
4,299,355
Certara Holdco, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)(d)
 7.57%
06/26/2031
 
506
506,896
Ethypharm (Financiere Verdi, Orphea Ltd.) (France), Term Loan B (3 mo. GBP SONIA +
4.50%)
 9.45%
04/17/2028
GBP
1,378
1,606,482
Explorer Holdings, Inc., Term Loan (1 mo. Term SOFR + 4.00%)
 8.57%
02/04/2027
 
7,010
7,066,359
Global Medical Response, Inc., Term Loan (1 mo. Term SOFR + 5.50%)
10.10%
10/31/2028
 
9,286
9,339,109
International SOS L.P. (AEA International), Term Loan B (3 mo. Term SOFR + 2.75%)(d)
 7.35%
09/07/2028
 
4,728
4,775,475
IVC Evidensia (Indep Vetcare Group) (United Kingdom), Term Loan B (3 mo. Term SOFR +
4.75%)
 9.39%
12/12/2028
 
639
645,462
MB2 Dental Solutions LLC
      
 
 
Delayed Draw Term Loan (3 mo. Term SOFR + 5.50%)(d)
10.02%
02/15/2031
 
681
685,864
Delayed Draw Term Loan (1 mo. Term SOFR + 5.54%)(d)
10.07%
02/15/2031
 
263
265,070
Delayed Draw Term Loan(d)(f)
 0.00%
02/15/2031
 
306
308,149
Delayed Draw Term Loan(d)(f)
 0.00%
02/15/2031
 
1,382
1,391,618
Revolver Loan(d)(f)
 0.00%
02/15/2031
 
263
263,227
Revolver Loan (1 mo. Term SOFR + 5.54%)(d)
10.07%
02/15/2031
 
66
65,807
Term Loan (1 mo. Term SOFR + 5.50%)(d)
10.07%
02/13/2031
 
4,728
4,760,592
MedAssets Software Intermediate Holdings, Inc. (nThrive TSG)
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 5.25%)(d)
12.00%
12/17/2028
 
1,650
1,666,730
First Lien Term Loan (1 mo. Term SOFR + 4.11%)
 8.72%
12/18/2028
 
11,145
6,820,441
Second Lien Term Loan (1 mo. Term SOFR + 6.75%)
11.32%
12/17/2029
 
2,752
1,180,083
Mehilainen Yhtiot Oy (Finland)
      
 
 
Delayed Draw Term Loan B-6(f)
 0.00%
02/07/2031
EUR
459
487,764
Term Loan B-5-B (3 mo. EURIBOR + 4.00%)
 7.35%
02/07/2031
EUR
2,564
2,725,928
Neuraxpharm (Cerebro BidCo/Blitz F20-80 GmbH) (Germany)
      
 
 
Term Loan B-1 (3 mo. EURIBOR + 3.75%)
 6.81%
12/15/2027
EUR
10
10,936
Term Loan B-2 (3 mo. EURIBOR + 3.75%)
 6.81%
12/15/2027
EUR
6
6,317
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Health Care–(continued)
Organon & Co., Term Loan B (1 mo. Term SOFR + 2.50%)
 7.10%
05/19/2031
 
$5,740
$5,793,854
R1 RCM, Inc.
      
 
 
Delayed Draw Term Loan B(f)
 0.00%
10/24/2031
 
889
895,129
Term Loan B (1 mo. Term SOFR + 3.25%)
 7.86%
10/24/2031
 
12,449
12,531,807
Sharp Services LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.88%
12/31/2028
 
401
402,014
Southern Veterinary Partners LLC, Term Loan B(e)
     –
10/31/2031
 
8,549
8,636,940
Sulo SAS (France), Term Loan B (3 mo. EURIBOR + 5.00%)
 8.35%
05/21/2031
EUR
1,000
1,062,250
Summit Behavioral Healthcare LLC, Term Loan B (3 mo. Term SOFR + 4.25%)
 8.76%
11/24/2028
 
1,619
1,478,266
TEAM Services Group LLC, Term Loan B (1 mo. Term SOFR + 5.25%)
 9.82%
12/20/2027
 
5,753
5,751,500
TTF Holdings LLC (Soliant), Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
07/18/2031
 
7,226
7,305,093
Waystar, Term Loan B (1 mo. Term SOFR + 2.75%)
 7.32%
10/22/2029
 
223
224,975
Zelis Cost Management Buyer, Inc., Term Loan B-2 (1 mo. Term SOFR + 2.75%)
 7.32%
09/28/2029
 
24
24,350
 
 
 
 
106,536,944
Home Furnishings–1.80%
 
 
Kidde Global Solutions, Term Loan B (d)(e)
     –
10/07/2031
 
6,328
6,351,382
Mattress Holding Corp., Term Loan (3 mo. Term SOFR + 4.15%)
 8.92%
09/25/2028
 
6,383
6,395,802
Serta Simmons Bedding LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 7.61%)
12.23%
06/29/2028
 
757
755,408
Term Loan (3 mo. Term SOFR + 7.61%)
12.22%
06/29/2028
 
10,673
9,067,685
SIWF Holdings, Inc., Term Loan B (1 mo. Term SOFR + 4.11%)
 8.69%
10/06/2028
 
14,623
11,985,604
Tempur Sealy International, Inc., Term Loan B (1 mo. Term SOFR + 2.50%)
 7.07%
10/03/2031
 
10,110
10,187,766
Weber-Stephen Products LLC
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 4.35%)
 8.92%
10/30/2027
 
1,841
1,758,142
Term Loan B (1 mo. Term SOFR + 3.36%)
 7.94%
10/30/2027
 
6,786
6,471,774
 
 
 
 
52,973,563
Industrial Equipment–3.40%
 
 
Alliance Laundry Systems LLC, Term Loan B (1 mo. Term SOFR + 3.50%)
 8.07%
08/19/2031
 
13,730
13,871,751
Chart Industries, Inc., Term Loan B (3 mo. Term SOFR + 2.50%)
 7.09%
03/15/2030
 
2,831
2,847,717
Crosby US Acquisition Corp., Term Loan (1 mo. Term SOFR + 3.50%)
10.50%
08/16/2029
 
1,693
1,711,233
Deliver Buyer, Inc. (MHS Holdings), Term Loan (3 mo. Term SOFR + 7.90%)
12.50%
06/01/2029
 
9,676
8,832,764
Discovery Energy Holding Co. (Kohler Energy), Term Loan B (3 mo. Term SOFR + 4.75%)
 9.35%
05/01/2031
 
6,883
6,959,225
DXP Enterprises, Inc., Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
10/11/2030
 
6,161
6,249,444
EMRLD Borrower L.P. (Copeland)
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 2.50%)
 7.07%
08/04/2031
 
4,033
4,044,438
Term Loan B (6 mo. Term SOFR + 2.50%)
 6.93%
05/31/2030
 
774
776,387
John Bean Technologies Corp., Term Loan B(e)
     –
10/09/2031
 
1,624
1,634,959
Kantar (Summer BC Bidco/KANGRP)
      
 
 
Revolver Loan(f)
 0.00%
06/04/2026
 
10,250
9,481,250
Term Loan B (3 mo. Term SOFR + 5.26%)
 9.86%
02/15/2029
 
6,941
7,013,689
Tank Holding Corp.
      
 
 
Revolver Loan(d)(f)
 0.00%
03/31/2028
 
922
894,839
Term Loan (3 mo. Term SOFR + 5.90%)
10.50%
03/31/2028
 
13,541
13,368,269
Thyssenkrupp Elevators (Vertical Midco GmbH) (Germany), Term Loan B-2 (3 mo. Term
SOFR + 3.34%)
 8.59%
04/30/2030
 
8,657
8,733,529
Victory Buyer LLC (Vantage Elevator)
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 3.86%)
 8.44%
11/19/2028
 
12,716
12,425,707
Second Lien Term Loan (1 mo. Term SOFR + 7.11%)(d)
11.69%
11/19/2029
 
1,148
1,027,394
 
 
 
 
99,872,595
Insurance–1.77%
 
 
Acrisure LLC, Term Loan B-6 (1 mo. Term SOFR + 3.25%)
 7.85%
11/06/2030
 
10,612
10,657,294
Alliant Holdings Intermediate LLC, Term Loan B (1 mo. Term SOFR + 2.75%)
 7.35%
09/19/2031
 
17,367
17,492,970
Hub International Ltd., Term Loan (3 mo. Term SOFR + 2.75%)
 7.37%
06/20/2030
 
2,427
2,447,001
Ryan Specialty Group LLC, Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
09/15/2031
 
1,794
1,806,255
Sedgwick Claims Management Services, Inc., Term Loan (3 mo. Term SOFR + 3.00%)
 7.59%
07/31/2031
 
9,492
9,570,042
Truist Insurance Holdings, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.85%
05/06/2031
 
3,653
3,672,119
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Insurance–(continued)
USI, Inc.
      
 
 
Term Loan (3 mo. Term SOFR + 2.75%)
 7.35%
09/27/2030
 
$1,921
$1,934,275
Term Loan B (3 mo. Term SOFR + 2.75%)
 7.35%
11/22/2029
 
4,311
4,342,974
 
 
 
 
51,922,930
Leisure Goods, Activities & Movies–3.56%
 
 
Carnival Corp.
      
 
 
Term Loan B (1 mo. Term SOFR + 2.75%)
 7.32%
08/08/2027
 
20
20,451
Term Loan B (1 mo. Term SOFR + 2.75%)
 7.32%
10/18/2028
 
22,364
22,545,931
Crown Finance US, Inc.
      
 
 
Term Loan (1 mo. Term SOFR + 1.61%)
 6.30%
07/31/2028
 
11,570
11,639,575
Term Loan B(e)
     –
12/02/2031
 
18,861
18,805,579
Fitness International LLC, Term Loan B (1 mo. Term SOFR + 5.35%)
 9.92%
02/05/2029
 
7,369
7,408,764
GBT Group Servicers B.V. (United Kingdom), Term Loan B (3 mo. Term SOFR + 3.00%)
 7.63%
07/25/2031
 
4,892
4,933,961
Nord Anglia Education
      
 
 
Term Loan (3 mo. Term SOFR + 4.00%)
 8.51%
01/31/2028
 
3,842
3,879,407
Term Loan B-2 (3 mo. Term SOFR + 3.75%)
 8.25%
02/26/2031
 
3,441
3,474,751
Parques Reunidos (Piolin Bidco S.A.U.) (Spain)
      
 
 
Revolver Loan(d)(f)
 0.00%
03/16/2026
EUR
1,642
1,718,697
Term Loan B-4 (6 mo. EURIBOR + 4.50%)
 8.18%
09/16/2029
EUR
1,811
1,910,743
Scenic (Columbus Capital B.V.) (Australia), Term Loan (3 mo. EURIBOR + 3.75%)
 7.10%
03/05/2027
EUR
12,217
12,512,031
UFC Holdings LLC, Term Loan B-4 (3 mo. Term SOFR + 2.25%)
 6.77%
11/14/2031
 
2,165
2,183,305
Vue International Bidco PLC (United Kingdom)
      
 
 
Second Lien Term Loan
(Acquired 02/20/2024-10/08/2024; Cost $2,461,552)(d)(e)(g)
     –
12/31/2027
EUR
3,670
2,443,593
Term Loan (6 mo. EURIBOR + 8.00%)
(Acquired 09/15/2022-02/20/2024; Cost $1,885,666)(g)
11.05%
06/30/2027
EUR
1,872
1,974,742
Term Loan (3 mo. EURIBOR + 8.00%)
(Acquired 02/20/2024-10/08/2024; Cost $1,104,500)(g)
11.05%
06/30/2027
EUR
1,060
1,176,313
Term Loan
(Acquired 02/20/2024-10/08/2024; Cost $2,367,433)(e)(g)
     –
12/31/2027
EUR
2,247
2,362,709
World Choice Investments, Term Loan B (3 mo. Term SOFR + 4.75%)
(Acquired 08/13/2024; Cost $5,465,929)(g)
 9.24%
08/13/2031
 
5,549
5,580,380
 
 
 
 
104,570,932
Lodging & Casinos–2.54%
 
 
Aimbridge Acquisition Co., Inc.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 4.01%)
 8.60%
02/02/2026
 
5,771
3,616,163
First Lien Term Loan (3 mo. Term SOFR + 5.01%)
 9.60%
02/02/2026
 
6,492
4,122,653
B&B Hotels S.A.S. (Casper BidCo) (France), Term Loan B-5 (3 mo. EURIBOR + 4.25%)
 7.17%
03/21/2031
EUR
1,281
1,361,285
Caesars Entertainment, Inc.
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
02/06/2030
 
8,034
8,093,325
Term Loan (1 mo. Term SOFR + 2.25%)
 6.82%
02/06/2031
 
12,429
12,508,436
Fertitta Entertainment LLC (Golden Nugget), Term Loan (1 mo. Term SOFR + 3.50%)
 8.07%
01/27/2029
 
9,885
9,954,456
GVC Finance LLC, Term Loan B (6 mo. Term SOFR + 2.75%)
 8.01%
10/31/2029
 
15,020
15,107,269
Hilton Grand Vacations Borrower LLC, Term Loan (1 mo. Term SOFR + 2.50%)
 7.07%
08/02/2028
 
5,709
5,739,206
Penn Entertainment, Inc., Term Loan B (1 mo. Term SOFR + 2.85%)
 7.42%
05/03/2029
 
7,728
7,762,107
Travel + Leisure Co., Incremental Term Loan (1 mo. Term SOFR + 3.35%)
 7.94%
12/14/2029
 
6,236
6,271,420
 
 
 
 
74,536,320
Nonferrous Metals & Minerals–0.99%
 
 
AZZ, Inc., Term Loan (1 mo. Term SOFR + 2.50%)
 7.07%
05/14/2029
 
2,936
2,957,157
Covia Holdings Corp., Term Loan (3 mo. Term SOFR + 4.26%)
 8.85%
07/31/2026
 
14,836
14,836,192
Form Technologies LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 4.85%)
 9.36%
07/19/2025
 
5,020
4,957,198
First Lien Term Loan (3 mo. Term SOFR + 9.35%)
13.86%
10/22/2025
 
2,999
2,811,205
Term Loan(e)
     –
05/30/2030
 
3,720
3,664,241
 
 
 
 
29,225,993
Oil & Gas–2.74%
 
 
EPIC Crude Services L.P., Term Loan B (3 mo. Term SOFR + 3.00%)
 7.66%
10/10/2031
 
4,305
4,340,991
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Oil & Gas–(continued)
ITT Holdings LLC (IMTT), Term Loan B (1 mo. Term SOFR + 2.75%)
 7.32%
10/11/2030
 
$4,176
$4,196,932
McDermott International Ltd.
      
 
 
LOC(d)(f)
 0.00%
12/31/2026
 
5,184
5,054,441
LOC (3 mo. Term SOFR + 5.01%)(d)
10.31%
12/31/2026
 
1,354
1,320,135
LOC(f)
 0.00%
06/30/2027
 
9,674
6,771,524
LOC (3 mo. Term SOFR + 4.26%)(d)
 8.85%
06/30/2027
 
5,868
3,432,914
PIK Term Loan, 3.00% PIK Rate, 11.69% Cash Rate(h)
 3.00%
12/31/2027
 
4,823
1,934,996
Term Loan (3 mo. Term SOFR + 7.76%)(d)
12.70%
12/31/2026
 
4,638
5,078,919
Term Loan (1 mo. Term SOFR + 3.11%)
 7.69%
06/30/2027
 
725
369,820
Par Petroleum LLC and Par Petroleum Finance Corp. (Par Pacific), Term Loan B (3 mo.
Term SOFR + 3.75%)
 8.33%
02/28/2030
 
4,726
4,702,644
PG Investment Co. 59 S.a.r.l./URSA Minor US Bidco LLC (Rosen), Term Loan B (3 mo. Term
SOFR + 3.00%)
 7.60%
03/26/2031
 
8,350
8,418,395
Planet US Buyer LLC (Wood Mackenzie), Term Loan (3 mo. Term SOFR + 3.50%)
 8.02%
02/07/2031
 
5,730
5,746,871
Prairie ECI Acquiror L.P., Term Loan B-2 (1 mo. Term SOFR + 4.75%)
 9.32%
08/01/2029
 
5,410
5,458,894
Rockpoint Gas Storage Partners L.P. (Canada), Term Loan B (3 mo. Term SOFR + 3.50%)
 7.99%
09/12/2031
 
8,026
8,094,761
Rockwood Service Corp., Term loan B (1 mo. Term SOFR + 3.50%)
 8.07%
07/30/2031
 
1,457
1,470,951
Third Coast Super Holdings LLC, Term Loan B (1 mo. Term SOFR + 4.25%)(d)
 8.82%
09/25/2030
 
10,911
10,924,959
TransMontaigne Partners LLC, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.82%
11/17/2028
 
3,096
3,122,738
 
 
 
 
80,440,885
Publishing–2.56%
 
 
Adtalem Global Education, Inc., Term Loan B (1 mo. Term SOFR + 2.75%)(d)
 7.32%
08/12/2028
 
1,037
1,043,351
Cengage Learning, Inc.
      
 
 
Term Loan B (1 mo. Term SOFR + 5.00%)
 7.89%
03/22/2031
 
15,843
15,935,796
Term Loan B (1 mo. Term SOFR + 3.50%)
10.25%
03/22/2031
 
381
382,698
Century DE Buyer LLC (Simon & Schuster), Term Loan (1 mo. Term SOFR + 3.93%)
 8.60%
10/30/2030
 
4,202
4,236,981
Dotdash Meredith, Inc., Term Loan B (3 mo. Term SOFR + 3.58%)
 8.17%
12/01/2028
 
17,514
17,666,822
Harbor Purchaser, Inc. (Houghton Mifflin Harcourt)
      
 
 
First Lien Term Loan B (1 mo. Term SOFR + 5.35%)
 9.92%
04/09/2029
 
11,658
11,479,301
Second Lien Term Loan B (1 mo. Term SOFR + 8.50%)
13.07%
04/08/2030
 
8,093
7,992,178
McGraw-Hill Education, Inc., Term Loan B (3 mo. Term SOFR + 4.00%)
 8.60%
08/06/2031
 
12,446
12,613,992
Micro Holding L.P., First Lien Incremental Term Loan (1 mo. Term SOFR + 4.25%)
 8.82%
05/03/2028
 
3,971
3,981,962
 
 
 
 
75,333,081
Radio & Television–0.73%
 
 
iHeartCommunications, Inc.
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 3.36%)
 7.94%
05/01/2026
 
3,221
2,822,504
Term Loan (1 mo. Term SOFR + 3.11%)
 7.69%
05/01/2026
 
11,359
9,935,413
Sinclair Television Group, Inc., Term Loan B-3 (1 mo. Term SOFR + 3.11%)
 7.69%
04/01/2028
 
1,105
887,810
Univision Communications, Inc., Incremental Term Loan B (1 mo. Term SOFR + 3.61%)
 8.19%
01/31/2029
 
7,745
7,776,928
 
 
 
 
21,422,655
Retailers (except Food & Drug)–1.23%
 
 
Action Holding B.V. (Peer Holdings) (Netherlands)
      
 
 
Term Loan B-4 (3 mo. Term SOFR + 3.25%)
 7.85%
10/28/2030
 
8,048
8,118,951
Term Loan B-5 (3 mo. Term SOFR + 3.00%)
 7.60%
07/01/2031
 
5,744
5,797,506
Bass Pro Group LLC, Term Loan B-2 (1 mo. Term SOFR + 3.86%)
 8.44%
03/06/2028
 
11,219
11,296,777
CNT Holdings I Corp. (1-800 Contacts), First Lien Term Loan (3 mo. Term SOFR + 3.50%)
 8.09%
11/08/2027
 
7,405
7,467,950
Savers, Inc., Term Loan (3 mo. Term SOFR + 3.75%)
 8.39%
04/26/2028
 
3,420
3,432,350
 
 
 
 
36,113,534
Surface Transport–0.92%
 
 
First Student Bidco, Inc.
      
 
 
Incremental Term Loan B (3 mo. Term SOFR + 3.10%)
 7.70%
07/21/2028
 
12,146
12,221,074
Term Loan B (3 mo. Term SOFR + 3.26%)
 7.87%
07/21/2028
 
1,757
1,767,790
Term Loan C (3 mo. Term SOFR + 3.26%)
 7.87%
07/21/2028
 
537
540,103
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Surface Transport–(continued)
Hurtigruten Group A/S (Explorer II AS) (Norway)
      
 
 
Term Loan (6 mo. EURIBOR + 8.00%)
10.91%
06/30/2027
EUR
487
$506,978
Term Loan A (3 mo. EURIBOR + 8.50%)
(Acquired 02/23/2024-09/30/2024; Cost $13,009,659)(g)
14.77%
02/22/2029
EUR
26,924
825,824
Term Loan B-2 (3 mo. EURIBOR + 7.00%)
(Acquired 02/23/2024-08/23/2024; Cost $5,853,102)(g)
 9.91%
09/30/2027
EUR
5,744
2,337,154
PODS LLC, Incremental Term Loan (3 mo. Term SOFR + 4.26%)(d)
 8.85%
03/31/2028
 
$2,573
2,418,193
STG Distribution LLC
      
 
 
Term Loan (1 mo. Term SOFR + 7.60%)
12.26%
10/03/2029
 
6,485
3,501,947
Term Loan (1 mo. Term SOFR + 8.35%)(d)
13.01%
10/03/2029
 
2,941
2,900,961
 
 
 
 
27,020,024
Telecommunications–4.63%
 
 
Avaya, Inc., Term Loan (1 mo. Term SOFR + 7.50%)
12.07%
08/01/2028
 
8,297
7,083,527
CCI Buyer, Inc. (Consumer Cellular), First Lien Term Loan (3 mo. Term SOFR + 4.00%)
 8.60%
12/17/2027
 
17,119
17,270,159
Crown Subsea Communications Holding, Inc., Term Loan B (1 mo. Term SOFR + 4.00%)
 8.57%
01/30/2031
 
13,567
13,766,525
Genesys Cloud Services Holdings I LLC, Term Loan B (1 mo. Term SOFR + 3.00%)
 7.57%
12/01/2027
 
683
690,047
II-VI, Inc., Term Loan B-1 (1 mo. Term SOFR + 2.50%)
 7.07%
07/02/2029
 
4,808
4,843,055
Inmarsat Finance PLC (United Kingdom), Term Loan B (1 mo. Term SOFR + 4.50%)
 9.07%
09/27/2029
 
20,165
17,576,988
Iridium Satellite LLC, Term Loan B (1 mo. Term SOFR + 2.25%)
 6.82%
09/20/2030
 
1,760
1,758,481
Level 3 Financing, Inc.
      
 
 
Term Loan B-1(e)
     –
04/13/2029
 
3,559
3,642,763
Term Loan B-2(e)
     –
04/15/2030
 
8,821
9,031,700
Lumen Technologies, Inc., Term Loan B-2 (1 mo. Term SOFR + 2.46%)
 7.04%
04/15/2029
 
1,815
1,688,691
Midcontinent Communications, Term Loan B (1 mo. Term SOFR + 2.50%)
 7.11%
08/13/2031
 
309
311,614
MLN US HoldCo LLC (dba Mitel)
      
 
 
First Lien Term Loan B (3 mo. Term SOFR + 4.60%)
 9.41%
11/30/2025
 
358
13,686
Second Lien Term Loan B (3 mo. Term SOFR + 8.85%)
13.66%
11/30/2026
 
923
36,364
Second Lien Term Loan B-1 (3 mo. Term SOFR + 6.80%)
11.39%
10/18/2027
 
23,470
1,166,248
Term Loan (3 mo. Term SOFR + 6.54%)
11.13%
10/18/2027
 
10,635
6,797,582
Third Lien Term Loan (3 mo. Term SOFR + 9.35%)
13.94%
10/18/2027
 
8,152
279,202
Telesat LLC, Term Loan B-5 (3 mo. Term SOFR + 3.01%)
 7.53%
12/07/2026
 
12,567
6,555,520
ViaSat, Inc.
      
 
 
Term Loan (1 mo. Term SOFR + 4.50%)
 9.07%
03/02/2029
 
9,998
8,785,604
Term Loan B (1 mo. Term SOFR + 4.61%)
 9.24%
05/30/2030
 
3,701
3,243,309
Voyage Digital (NC) Ltd., Term Loan (3 mo. Term SOFR + 3.25%)(d)
 7.74%
05/11/2029
 
5,773
5,801,969
Windstream Services LLC, Term Loan B (1 mo. Term SOFR + 4.85%)(d)
 9.51%
09/25/2031
 
10,155
10,307,226
Zayo Group Holdings, Inc.
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 4.25%)
 8.82%
03/09/2027
 
4,940
4,767,529
Term Loan (1 mo. Term SOFR + 3.11%)
 7.69%
03/09/2027
 
11,073
10,618,942
 
 
 
 
136,036,731
Utilities–3.09%
 
 
Alpha Generation LLC, Term Loan B (1 mo. Term SOFR + 2.75%)
 7.32%
09/30/2031
 
6,813
6,873,398
Brookfield WEC Holdings, Inc., First Lien Term Loan (1 mo. Term SOFR + 2.25%)
 6.92%
01/27/2031
 
3,977
3,996,780
Cornerstone Generation LLC, Term Loan B(e)
     –
10/28/2031
 
9,028
9,109,341
Eastern Power LLC, Term Loan (1 mo. Term SOFR + 5.25%)
 9.82%
04/03/2028
 
5,094
5,117,179
Edgewater Generation, Term Loan (1 mo. Term SOFR + 4.25%)
 8.82%
08/01/2030
 
5,839
5,927,244
Frontera Generation Holdings LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 13.26%)
(Acquired 07/28/2021; Cost $4,144,155)(d)(g)
17.87%
07/28/2026
 
4,165
5,872,621
Second Lien Term Loan (3 mo. Term SOFR + 1.76%)
(Acquired 07/28/2021; Cost $2,557,032)(g)
 6.37%
07/28/2028
 
4,043
3,850,559
Hamilton Projects Acquiror LLC, Term Loan B (1 mo. Term SOFR + 3.75%)
 8.32%
05/22/2031
 
2,501
2,526,024
KAMC Holdings, Inc. (Franklin Energy Group), First Lien Term Loan B (3 mo. Term SOFR +
4.26%)
(Acquired 11/28/2022-10/23/2024; Cost $5,669,020)(g)
 8.78%
08/14/2026
 
6,181
6,102,679
Lightning Power LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.74%
08/16/2031
 
11,810
11,927,687
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Utilities–(continued)
Lightstone Holdco LLC
      
 
 
Term Loan B (3 mo. Term SOFR + 5.75%)
10.34%
01/29/2027
 
$16,550
$16,780,525
Term Loan C (3 mo. Term SOFR + 5.75%)
10.34%
01/29/2027
 
933
945,964
Talen Energy Supply LLC
      
 
 
Term Loan B (3 mo. Term SOFR + 3.50%)
 8.02%
05/17/2030
 
7,242
7,297,163
Term Loan C (3 mo. Term SOFR + 3.50%)
 8.02%
05/17/2030
 
4,504
4,537,687
 
 
 
 
90,864,851
Total Variable Rate Senior Loan Interests (Cost $2,607,449,069)
2,489,294,466
 
 
 
Shares
 
Common Stocks & Other Equity Interests–5.63%
Automotive–0.01%
 
 
Cabonline, Class D (Acquired 10/30/2023; Cost $271,002) (Sweden)(d)(g)
      
 
 
301,850,286
373,918
Cabonline, Class D1 (Acquired 10/30/2023; Cost $10) (Sweden)(d)(g)
      
 
 
10,623,352
980
Cabonline, Class D2 (Acquired 10/31/2023; Cost $8) (Sweden)(d)(g)
      
 
 
9,066,619
420
 
 
 
 
375,318
Business Equipment & Services–1.92%
 
 
Bloom Parent, Inc.(d)
      
 
 
3,285
3,123,125
Monitronics International, Inc. (Acquired 06/30/2023; Cost $8,930,896)(d)(g)
      
 
 
443,661
14,609,757
My Alarm Center LLC, Class A (Acquired 03/09/2021-05/17/2024;
Cost $14,582,747)(d)(g)(i)
      
 
 
162,068
38,748,873
 
 
 
 
56,481,755
Chemicals & Plastics–0.00%
 
 
Flint Group (ColourOz Inv), Class A (Germany)(d)
      
 
 
92,541
0
Containers & Glass Products–0.47%
 
 
Libbey Glass LLC (Acquired 11/13/2020-02/10/2022; Cost $3,769,108)(d)(g)(i)
      
 
 
864,916
13,830,007
Electronics & Electrical–0.11%
 
 
Internap Holding LLC (Acquired 02/06/2018-02/10/2023; Cost $7,928,094)(d)(g)(i)
      
 
 
2,996,076
3,145,880
Sandvine Corp.(d)
      
 
 
30,037
0
 
 
 
 
3,145,880
Forest Products–0.74%
 
 
Restoration Forest Products Group LLC(d)(i)
      
 
 
155,608
21,707,253
Home Furnishings–0.08%
 
 
Serta Simmons Bedding LLC (Acquired 06/29/2023; Cost $53,939)(g)
      
 
 
347,996
2,522,971
Industrial Equipment–0.04%
 
 
North American Lifting Holdings, Inc.(i)
      
 
 
679,193
1,061,239
Leisure Goods, Activities & Movies–0.50%
 
 
Crown Finance US, Inc.
      
 
 
629,533
14,610,203
Crown Finance US, Inc.
      
 
 
3,275
76,006
Vue International Bidco PLC, Class A1 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(d)(g)
      
 
 
9,989
0
Vue International Bidco PLC, Class A2 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(d)(g)
      
 
 
4,919,597
5
Vue International Bidco PLC, Class A3 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(d)(g)
      
 
 
3,062,309
3
Vue International Bidco PLC, Class A4 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(d)
      
 
 
2,134,862
3
 
 
 
 
14,686,220
Nonferrous Metals & Minerals–0.88%
 
 
ACNR Holdings, Inc.
      
 
 
335,868
25,987,787
Oil & Gas–0.49%
 
 
McDermott International Ltd.(d)
      
 
 
1,853,702
253,938
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
 
 
Shares
Value
Oil & Gas–(continued)
Sabine Oil & Gas Holdings, Inc. (Acquired 01/16/2013-03/12/2021;
Cost $18,267,226)(d)(g)(j)
      
 
 
18,025
$1,622
Seadrill Ltd. (Norway)(j)
      
 
 
1
41
Talos Energy, Inc.(j)
      
 
 
593,532
6,677,235
Tribune Resources LLC (Acquired 03/30/2018; Cost $18,014,717)(g)(i)
      
 
 
5,811,199
7,409,279
 
 
 
 
14,342,115
Surface Transport–0.22%
 
 
Commercial Barge Line Co. (Acquired 01/31/2020-02/06/2020;
Cost $1,838,610)(d)(g)
      
 
 
35,397
3,040,248
Commercial Barge Line Co., Series B, Wts., expiring 04/30/2045 (Acquired
02/23/2024-10/30/2024; Cost $187,716)(d)(g)
      
 
 
400,460
250,288
Commercial Barge Line Co., Wts., expiring 04/27/2045 (Acquired
01/31/2020-08/25/2020; Cost $1,932,877)(d)(g)
      
 
 
37,211
3,196,053
Hurtigruten (Explorer II AS), Wts. (Acquired 02/23/2024-10/31/2024; Cost $0)
(Norway)(d)(g)
      
 
 
12,745,917
13
 
 
 
 
6,486,602
Telecommunications–0.07%
 
 
Avaya Holdings Corp. (Acquired 05/01/2023; Cost $4,295,205)(g)
      
 
 
286,347
1,682,289
Avaya, Inc. (Acquired 05/01/2023; Cost $778,995)(g)
      
 
 
51,933
305,106
 
 
 
 
1,987,395
Utilities–0.10%
 
 
Frontera Generation Holdings LLC (Acquired 07/28/2021-11/30/2021;
Cost $1,035,881)(d)(g)(i)
      
 
 
295,967
2,950,791
Total Common Stocks & Other Equity Interests (Cost $165,677,642)
165,565,333
 
Interest
Rate
Maturity
Date

Principal
Amount
(000)(a)
 
U.S. Dollar Denominated Bonds & Notes–4.49%
Aerospace & Defense–0.31%
 
 
Castlelake Aviation Finance DAC (k)
 5.00%
04/15/2027
 
$2,000
2,014,938
Rand Parent LLC(k)
 8.50%
02/15/2030
 
7,113
7,212,724
 
 
 
 
9,227,662
Building & Development–0.59%
 
 
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC (k)
 5.75%
05/15/2026
 
4,527
4,507,419
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(k)
 4.50%
04/01/2027
 
8,160
7,861,276
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(k)
 6.75%
04/01/2032
 
911
927,945
Signal Parent, Inc.(k)
 6.13%
04/01/2029
 
6,686
4,093,967
 
 
 
 
17,390,607
Business Equipment & Services–0.66%
 
 
Acuris Finance US, Inc./Acuris Finance S.a.r.l. (k)
 9.00%
08/01/2029
 
10,162
9,940,976
Allied Universal Holdco LLC(k)
 7.88%
02/15/2031
 
6,739
6,906,767
Boost Newco Borrower LLC(k)
 7.50%
01/15/2031
 
2,313
2,445,054
 
 
 
 
19,292,797
Cable & Satellite Television–0.84%
 
 
Altice Financing S.A. (Luxembourg) (k)
 5.75%
08/15/2029
 
1,414
1,072,664
Altice Financing S.A. (Luxembourg)(k)
 5.00%
01/15/2028
 
18,761
14,992,918
Altice France S.A. (France)(k)
 5.50%
10/15/2029
 
6,838
5,264,492
Virgin Media Secured Finance PLC (United Kingdom)(k)
 4.50%
08/15/2030
 
3,741
3,306,697
 
 
 
 
24,636,771
Chemicals & Plastics–0.70%
 
 
INEOS Finance PLC (Luxembourg) (k)
 7.50%
04/15/2029
 
3,623
3,752,902
INEOS Quattro Finance 2 PLC (United Kingdom)(k)
 9.63%
03/15/2029
 
1,889
2,010,971
SK Invictus Intermediate II S.a.r.l.(k)
 5.00%
10/30/2029
 
13,605
12,874,193
Windsor Holdings III LLC(k)
 8.50%
06/15/2030
 
1,984
2,110,260
 
 
 
 
20,748,326
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Food Products–0.15%
 
 
Sigma Holdco B.V. (Netherlands) (k)
 7.88%
05/15/2026
 
$200
$198,953
Viking Baked Goods Acquisition Corp.(k)
 8.63%
11/01/2031
 
4,187
4,119,287
 
 
 
 
4,318,240
Health Care–0.12%
 
 
Global Medical Response, Inc., 1.25% PIK Rate, 8.75% Cash Rate (h)(k)
 1.25%
10/31/2028
 
2,220
2,236,234
Raven Acquisition Holdings LLC(k)
 6.88%
11/15/2031
 
1,238
1,241,316
 
 
 
 
3,477,550
Industrial Equipment–0.10%
 
 
Arsenal AIC Parent LLC (k)
 8.00%
10/01/2030
 
163
171,705
Chart Industries, Inc.(k)
 7.50%
01/01/2030
 
669
699,713
EMRLD Borrower L.P./Emerald Co-Issuer, Inc.(k)
 6.63%
12/15/2030
 
1,966
1,990,184
 
 
 
 
2,861,602
Insurance–0.44%
 
 
Acrisure LLC/Acrisure Finance, Inc. (k)
 7.50%
11/06/2030
 
1,970
2,011,644
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer(k)
 7.00%
01/15/2031
 
3,408
3,463,845
HUB International Ltd.(k)
 7.25%
06/15/2030
 
1,857
1,928,198
Panther Escrow Issuer LLC(k)
 7.13%
06/01/2031
 
5,520
5,659,175
 
 
 
 
13,062,862
Lodging & Casinos–0.11%
 
 
Caesars Entertainment, Inc. (k)
 7.00%
02/15/2030
 
1,140
1,176,625
Hilton Grand Vacations Borrower Escrow LLC/Hilton Grand Vacations Borrower Escrow,
Inc.(k)
 6.63%
01/15/2032
 
2,171
2,198,509
 
 
 
 
3,375,134
Publishing–0.02%
 
 
McGraw-Hill Education, Inc. (k)
 7.38%
09/01/2031
 
660
684,127
Radio & Television–0.04%
 
 
Univision Communications, Inc. (k)
 8.50%
07/31/2031
 
1,127
1,118,922
Retailers (except Food & Drug)–0.10%
 
 
Evergreen Acqco 1 L.P./TVI, Inc. (k)
 9.75%
04/26/2028
 
2,686
2,835,618
Telecommunications–0.31%
 
 
Connect Finco S.a.r.l./Connect US Finco LLC (United Kingdom) (k)
 9.00%
09/15/2029
 
2,209
2,041,389
Windstream Services LLC/Windstream Escrow Finance Corp.(k)
 8.25%
10/01/2031
 
3,000
3,134,521
Windstream Services LLC/Windstream Escrow Finance Corp.(k)
 7.75%
08/15/2028
 
3,818
3,851,201
 
 
 
 
9,027,111
Total U.S. Dollar Denominated Bonds & Notes (Cost $135,424,837)
132,057,329
Non-U.S. Dollar Denominated Bonds & Notes–3.28%(l)
Air Transport–0.15%
 
 
SGL Group ApS (Denmark) (3 mo. EURIBOR + 4.75%)(m)
 7.95%
04/22/2030
EUR
4,174
4,463,638
Automotive–0.34%
 
 
Cabonline Group Holding AB (Sweden) (Acquired 10/13/2023; Cost $794,523)(g)(k)
14.00%
03/19/2026
SEK
9,067
819,483
Cabonline Group Holding AB (Sweden) (Acquired 03/24/2022; Cost $3,724,562)(g)(k)(n)
13.16%
04/19/2026
SEK
35,057
1,608,410
Cabonline Group Holding AB (Sweden) (Acquired 10/12/2023; Cost $1,648,768)(g)(k)
14.00%
03/19/2026
SEK
18,133
1,626,462
Constellation Automotive Financing PLC (United Kingdom)(k)
 4.88%
07/15/2027
GBP
5,101
5,875,852
 
 
 
 
9,930,207
Building & Development–0.00%
 
 
Fagus Holdco PLC (United Kingdom) (Acquired 09/05/2023; Cost $0)(d)(g)(o)
 0.00%
09/05/2029
EUR
2
2,118
Business Equipment & Services–0.04%
 
 
Pachelbel Bidco S.p.A. (Italy) (3 mo. EURIBOR + 4.25%)(k)(m)
 7.30%
05/17/2031
EUR
1,136
1,214,048
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Interest
Rate
Maturity
Date
Principal
Amount
(000)(a)
Value
Cable & Satellite Television–0.08%
 
 
Altice Finco S.A. (Luxembourg)(k)
 4.75%
01/15/2028
EUR
3,744
$2,348,660
Electronics & Electrical–0.14%
 
 
Castor S.p.A. (Italy) (3 mo. EURIBOR + 5.25%)(k)(m)
 8.73%
02/15/2029
EUR
4,000
4,109,932
Financial Intermediaries–1.44%
 
 
AnaCap (AFE S.A. SICAV-RAIF) (Italy) (3 mo. EURIBOR + 7.50%)(k)(m)
10.56%
07/15/2030
EUR
1,000
550,778
AnaCap (AFE S.A. SICAV-RAIF) (Italy) (3 mo. EURIBOR + 7.50%)(k)(m)
10.56%
07/15/2030
EUR
13,583
7,481,216
Garfunkelux Holdco 3 S.A. (Luxembourg) (Acquired 10/23/2020-08/09/2022;
Cost $2,112,125)(g)(k)
 6.75%
11/01/2025
EUR
2,100
1,364,792
Garfunkelux Holdco 3 S.A. (Luxembourg) (3 mo. EURIBOR + 6.25%) (Acquired
03/22/2022-05/10/2022; Cost $9,897,868)(g)(k)(m)
 9.31%
05/01/2026
EUR
9,341
6,107,741
Garfunkelux Holdco 3 S.A. (Luxembourg) (Acquired 06/30/2022-11/14/2023;
Cost $3,871,922)(g)(k)
 6.75%
11/01/2025
EUR
4,000
2,599,604
Sherwood Financing PLC (United Kingdom) (3 mo. EURIBOR + 5.50%)(k)(m)
 8.37%
12/15/2029
EUR
9,600
9,891,176
Sherwood Financing PLC (United Kingdom) (3 mo. EURIBOR + 4.63%)(k)(m)
 7.65%
11/15/2027
EUR
13,680
14,419,109
 
 
 
 
42,414,416
Food Service–0.17%
 
 
Selecta Group B.V. 10.00% PIK Rate (Switzerland)(h)(k)
10.00%
07/01/2026
EUR
7,591
4,812,555
Health Care–0.04%
 
 
APCOA Group GmbH (Germany) (3 mo. EURIBOR + 4.13%)(k)(m)
 7.37%
04/15/2031
EUR
1,000
1,061,866
Home Furnishings–0.57%
 
 
Very Group Funding PLC (The) (United Kingdom)(k)
 6.50%
08/01/2026
GBP
14,141
16,666,689
Surface Transport–0.31%
 
 
Zenith Finco PLC (United Kingdom)(k)
 6.50%
06/30/2027
GBP
9,042
8,485,479
Zenith Finco PLC (United Kingdom)(k)
 6.50%
06/30/2027
GBP
752
705,715
 
 
 
 
9,191,194
Total Non-U.S. Dollar Denominated Bonds & Notes (Cost $125,062,583)
96,215,323
 
 
 
Shares
 
Preferred Stocks–0.77%
Oil & Gas–0.04%
 
 
McDermott International Ltd., Pfd.(d)
      
 
 
4,611
1,152,805
Southcross Energy Partners L.P., Series A, Pfd. (Acquired 05/07/2019-10/31/2019;
Cost $11,607,048)(d)(g)(i)
      
 
 
11,609,067
68,493
 
 
 
 
1,221,298
Surface Transport–0.73%
 
 
Commercial Barge Line Co., Series B, Pfd. (Acquired 02/05/2020-10/27/2020;
Cost $3,389,672)(d)(g)
      
 
 
142,554
12,571,837
Commercial Barge Line Co., Series B, Pfd., Wts., expiring 04/27/2045 (Acquired
02/05/2020-02/17/2021; Cost $2,380,533)(d)(g)
      
 
 
100,115
8,829,142
 
 
 
 
21,400,979
Total Preferred Stocks (Cost $17,377,252)
22,622,277
 
Interest
Rate
Maturity
Date

Principal
Amount
(000)(a)
 
Asset-Backed Securities–0.31%
Structured Products–0.31%
 
 
CIFC Funding Ltd., Series 2014-4RA, Class DR (Cayman Islands) (3 mo. Term SOFR +
7.26%) (k)(m)
11.91%
01/17/2035
 
$1,250
1,235,452
Empower CLO Ltd., Series 2023-1A, Class E (Cayman Islands) (3 mo. Term SOFR +
8.22%)(k)(m)
12.85%
04/25/2036
 
3,500
3,575,859
Empower CLO Ltd., Series 2023-2A, Class E (Cayman Islands) (3 mo. Term SOFR +
8.25%)(k)(m)
12.91%
07/15/2036
 
2,000
2,050,296
Regatta XIV Funding Ltd., Series 2018-3A, Class E (Cayman Islands) (3 mo. Term SOFR +
6.21%)(k)(m)
10.84%
10/25/2031
 
2,200
2,208,378
Total Asset-Backed Securities (Cost $8,765,692)
9,069,985
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
 
 
Shares
Value
Money Market Funds–1.36%
Invesco Government & Agency Portfolio,Institutional Class, 4.57%(i)(p)
 
23,998,566
$23,998,566
Invesco Treasury Portfolio,Institutional Class, 4.53%(i)(p)
 
15,997,145
15,997,145
Total Money Market Funds (Cost $39,995,711)
39,995,711
TOTAL INVESTMENTS IN SECURITIES–100.51% (Cost $3,099,752,786)
2,954,820,424
OTHER ASSETS LESS LIABILITIES–(0.51)%
(14,864,659
)
NET ASSETS–100.00%
$2,939,955,765
Investment Abbreviations: 
EUR
– Euro
EURIBOR
– Euro Interbank Offered Rate
GBP
– British Pound Sterling
LIBOR
– London Interbank Offered Rate
LOC
– Letter of Credit
Pfd.
– Preferred
PIK
– Pay-in-Kind
SEK
– Swedish Krona
SOFR
– Secured Overnight Financing Rate
SONIA
– Sterling Overnight Index Average
USD
– U.S. Dollar
Wts.
– Warrants
Notes to Schedule of Investments: 
(a)
Principal amounts are denominated in U.S. dollars unless otherwise noted.
(b)
Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers
repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be
substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three
to five years.
(c)
Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (the “1933 Act”) and may
be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund’s portfolio generally have variable rates which adjust to a
base, such as the Secured Overnight Financing Rate ("SOFR"), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that
float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank.
(d)
Security valued using significant unobservable inputs (Level 3). See Note 1.
(e)
This variable rate interest will settle after November 30, 2024, at which time the interest rate will be determined.
(f)
All or a portion of this holding is subject to unfunded loan commitments. Interest rate will be determined at the time of funding.
(g)
Restricted security. The aggregate value of these securities at November 30, 2024 was $240,900,004, which represented 8.19% of the Fund’s Net Assets.
(h)
All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.
(i)
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
(Loss)
Value
November 30, 2024
Income
Investments in Affiliated Money Market
Funds:
Invesco Government & Agency Portfolio,
Institutional Class
$45,562,551
$104,238,690
$(125,802,675)
$-
$-
$23,998,566
$154,112
Invesco Treasury Portfolio, Institutional Class
30,373,136
69,492,460
(83,868,451)
-
-
15,997,145
265,794
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
Value
August 31, 2024
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
(Loss)
Value
November 30, 2024
Income
Investments in Other Affiliates:
Commercial Barge Line Co., Wts., expiring
04/27/2045*
$3,514,207
$-
$-
$(318,154)
$-
$3,196,053
$-
Commercial Barge Line Co., Series B, Pfd.,
Wts., expiring 04/27/2045*
9,748,198
-
-
(919,056)
-
8,829,142
62,572
Frontera Generation Holdings LLC
2,950,791
-
-
-
-
2,950,791
-
HGIM Corp.
4,677,040
-
(6,430,930)
5,400,410
(3,646,520)
-
-
Hurtigruten (Explorer II AS), Wts.*
2
-
-
11
-
13
-
Internap Holding LLC
3,145,880
-
-
-
-
3,145,880
-
Libbey Glass LLC
13,051,583
-
-
778,424
-
13,830,007
-
My Alarm Center LLC, Class A
38,235,117
-
-
513,756
-
38,748,873
-
North American Lifting Holdings, Inc.
1,103,689
-
-
(42,450)
-
1,061,239
-
Restoration Forest Products Group LLC
21,102,429
604,841
-
(17)
-
21,707,253
-
Southcross Energy Partners L.P.
3
-
-
29,026,221
(29,026,224)
-
-
Southcross Energy Partners L.P., Series A,
Pfd.
68,493
-
-
-
-
68,493
-
Tribune Resources LLC
7,891,608
-
-
(482,329)
-
7,409,279
-
Total
$181,424,727
$174,335,991
$(216,102,056)
$33,956,816
$(32,672,744)
$140,942,734
$482,478
 
*
At August 31, 2024, this security was not considered as an affiliate of the Fund.
 
(j)
Non-income producing security.
(k)
Security purchased or received in a transaction exempt from registration under 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 $232,876,881,
which represented 7.92% of the Fund’s Net Assets.
(l)
Foreign denominated security. Principal amount is denominated in the currency indicated.
(m)
Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2024.
(n)
Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The value of this security at November 30, 2024
represented less than 1% of the Fund’s Net Assets.
(o)
Zero coupon bond issued at a discount.
(p)
The rate shown is the 7-day SEC standardized yield as of November 30, 2024.
 
Open Forward Foreign Currency Contracts
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
Currency Risk
 
 
 
12/27/2024
Bank of New York Mellon (The)
USD
85,591,759
EUR
81,229,722
$338,613
12/27/2024
Barclays Bank PLC
EUR
81,396,817
USD
88,268,600
2,161,464
12/27/2024
Barclays Bank PLC
GBP
11,983,113
USD
15,553,906
306,203
01/27/2025
Barclays Bank PLC
USD
3,687,274
EUR
3,500,000
20,365
12/27/2024
BNP Paribas S.A.
EUR
86,145,479
USD
93,480,765
2,350,169
12/27/2024
BNP Paribas S.A.
GBP
11,983,113
USD
15,552,952
305,249
12/27/2024
BNP Paribas S.A.
SEK
60,109,530
USD
5,713,644
189,880
12/27/2024
BNP Paribas S.A.
USD
15,255,291
GBP
12,063,302
94,447
12/27/2024
Canadian Imperial Bank of Commerce
EUR
3,500,000
USD
3,794,273
91,733
12/27/2024
Canadian Imperial Bank of Commerce
USD
15,257,862
GBP
12,063,302
91,876
12/27/2024
Citibank, N.A.
USD
4,528,652
SEK
49,918,426
58,601
12/27/2024
Morgan Stanley and Co. International PLC
USD
84,245,455
EUR
80,017,338
402,374
12/27/2024
Royal Bank of Canada
GBP
13,553,424
USD
17,590,690
344,872
12/27/2024
Royal Bank of Canada
USD
85,656,742
EUR
81,229,722
273,629
12/27/2024
Royal Bank of Canada
USD
15,990,368
GBP
12,643,046
97,055
12/27/2024
State Street Bank & Trust Co.
EUR
78,569,496
USD
85,208,226
2,092,024
12/27/2024
State Street Bank & Trust Co.
USD
856,059
SEK
9,369,295
4,932
Subtotal—Appreciation
9,223,486
Currency Risk
 
 
 
01/27/2025
Bank of New York Mellon (The)
EUR
81,229,722
USD
85,721,726
(326,973
)
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
Open Forward Foreign Currency Contracts—(continued)
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
12/27/2024
Barclays Bank PLC
USD
77,630
SEK
821,809
$(2,110
)
12/27/2024
BNP Paribas S.A.
USD
146,188
EUR
135,008
(3,367
)
01/27/2025
BNP Paribas S.A.
GBP
12,063,302
USD
15,253,564
(94,182
)
01/27/2025
Canadian Imperial Bank of Commerce
GBP
12,365,118
USD
15,637,638
(94,100
)
12/27/2024
Citibank, N.A.
USD
4,840,386
EUR
4,500,000
(79,977
)
01/27/2025
Citibank, N.A.
SEK
50,011,066
USD
4,545,931
(58,233
)
12/27/2024
Morgan Stanley and Co. International PLC
USD
2,652,701
EUR
2,500,000
(8,029
)
01/27/2025
Morgan Stanley and Co. International PLC
EUR
80,017,339
USD
84,373,483
(390,908
)
01/27/2025
Royal Bank of Canada
EUR
81,229,723
USD
85,786,710
(261,989
)
01/27/2025
Royal Bank of Canada
GBP
12,643,046
USD
15,988,611
(96,725
)
12/27/2024
State Street Bank & Trust Co.
USD
967,205
GBP
750,000
(12,880
)
01/27/2025
State Street Bank & Trust Co.
EUR
1,220,463
USD
1,288,663
(4,204
)
Subtotal—Depreciation
(1,433,677
)
Total Forward Foreign Currency Contracts
$7,789,809
 
Abbreviations:
EUR
– Euro
GBP
– British Pound Sterling
SEK
– Swedish Krona
USD
– U.S. Dollar
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 Senior Floating Rate 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 (the "Adviser") 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
Variable Rate Senior Loan Interests
$—
$2,272,461,368
$216,833,098
$2,489,294,466
Common Stocks & Other Equity Interests
6,677,276
53,654,880
105,233,177
165,565,333
U.S. Dollar Denominated Bonds & Notes
—
132,057,329
—
132,057,329
Non-U.S. Dollar Denominated Bonds & Notes
—
96,213,205
2,118
96,215,323
Preferred Stocks
—
—
22,622,277
22,622,277
Asset-Backed Securities
—
9,069,985
—
9,069,985
Money Market Funds
39,995,711
—
—
39,995,711
Total Investments in Securities
46,672,987
2,563,456,767
344,690,670
2,954,820,424
Other Investments - Assets*
Investments Matured
—
4,616,675
—
4,616,675
Forward Foreign Currency Contracts
—
9,223,486
—
9,223,486
 
—
13,840,161
—
13,840,161
Other Investments - Liabilities*
Forward Foreign Currency Contracts
—
(1,433,677
)
—
(1,433,677
)
Total Other Investments
—
12,406,484
—
12,406,484
Total Investments
$46,672,987
$2,575,863,251
$344,690,670
$2,967,226,908
 
*
Forward foreign currency contracts are valued at unrealized appreciation (depreciation). Investments matured are shown at value.
A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.
The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) during the three months ended November 30, 2024: 
 
Value
08/31/24*
Purchases
at Cost
Proceeds
from Sales
Accrued
Discounts/
Premiums
Realized
Gain
(Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Transfers
into
Level 3**
Transfers
out of
Level 3**
Value
11/30/24
Variable Rate Senior Loan Interests
$190,816,267
$64,458,137
$(24,269,886
)
$402,823
$(12,941,558
)
$(2,884,542
)
$59,454,989
$(58,203,132
)
$216,833,098
Common Stocks & Other Equity
Interests
94,334,116
667,413
(6,430,933
)
—
(32,672,743
)
39,907,528
9,427,796
—
105,233,177
Preferred Stocks
24,849,978
—
—
—
—
(2,227,701
)
—
—
22,622,277
Non-U.S. Dollar Denominated Bonds &
Notes
221,602
—
(219,387
)
—
219,386
(219,483
)
—
—
2,118
Total
$310,221,963
$65,125,550
$(30,920,206
)
$402,823
$(45,394,915
)
$34,575,802
$68,882,785
$(58,203,132
)
$344,690,670
*Prior year balances have been adjusted for a change in security classification.
**Transfers into and out of Level 3 are due to increases or decreases in market activity impacting the available market inputs to determine the price.
Securities determined to be Level 3 at the end of the reporting period were valued primarily by utilizing evaluated prices from a third-party vendor pricing service. A significant change in third-party pricing information could result in a lower or higher value in Level 3 investments.
Invesco Senior Floating Rate Fund
The following table summarizes the valuation techniques and significant unobservable inputs used in determining fair value measurements for those investments classified as Level 3 at period end: 
 
Fair Value
at 11/30/24
Valuation
Technique
Unobservable
Inputs
Range of
Unobservable
Inputs
Weighted Average of
Unobservable Inputs
Based on Fair Value
Variable Rate Senior Loan Interests
$216,833,098
Discounted Cash Flow Model
Discount Rate
10.66%
-
 
Third-Party Pricing
Broker Quote
100.125% of Par
-
Common Stocks & Other Equity Interests
114,062,319
Comparable Companies
EBITDA Multiple
5.5x
-
 
Discounted Cash Flow Model
Discount Rate
10.7%
-
 
 
EBITDA Multiple
8.4x
-
Preferred Stocks
13,793,135
Comparable Companies
EBITDA Multiple
8.75x
-
Non-U.S. Dollar Denominated Bonds & Notes
2,118
Expected Recovery
Anticipated Proceeds
100% of Par
-
Invesco Senior Floating Rate Fund