NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments  
May 31, 2025
(Unaudited) 
 
Interest
Rate
Maturity
Date

Principal
Amount
(000)(a)
Value
Variable Rate Senior Loan Interests–83.49%(b)(c)
Aerospace & Defense–2.71%
 
 
ADB Safegate Lux (CEP IV/ADBAS) (Luxembourg), Term Loan B (3 mo. EURIBOR + 4.75%)
 7.45%
10/05/2026
EUR
7,470
$8,456,028
Arxis
      
 
 
Delayed Draw Term Loan(d)
 0.00%
02/26/2032
 
$255
253,739
Term Loan B (3 mo. Term SOFR + 2.75%)
 7.08%
02/26/2032
 
2,704
2,689,636
AVS (Ramudden Global) (Luxembourg), Term Loan B (3 mo. EURIBOR + 3.50%)
 5.56%
12/10/2029
EUR
7,000
7,901,614
Brown Group Holding LLC (Signature Aviation US Holdings, Inc.)
      
 
 
Incremental Term Loan B-2 (1 mo. Term SOFR + 2.50%)
 6.78%
07/01/2031
 
2,048
2,043,954
Term Loan (1 mo. Term SOFR + 2.50%)
 6.83%
07/01/2031
 
3,583
3,578,706
Engineering Research and Consulting LLC, First Lien Term Loan (6 mo. Term SOFR +
5.00%)(e)
 9.29%
08/15/2031
 
5,282
5,222,382
Gogo Intermediate Holdings LLC, Term Loan (1 mo. Term SOFR + 3.86%)
 8.19%
04/30/2028
 
7,246
7,065,677
Greenrock Finance, Inc., Term Loan (3 mo. Term SOFR + 3.75%)
 8.05%
07/06/2029
 
2,972
2,977,247
KKR Apple Bidco LLC, Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
09/22/2028
 
8,382
8,347,688
Peraton Corp., First Lien Term Loan B (1 mo. Term SOFR + 3.85%)
 8.18%
02/01/2028
 
7,175
6,234,765
Propulsion (BC) Newco LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
09/14/2029
 
2,772
2,782,210
Rand Parent LLC, Term Loan B (3 mo. Term SOFR + 3.00%)
 7.30%
03/18/2030
 
9,040
8,886,265
Titan Acquisition Holdings L.P. (aka LSF11 Trinity), Term Loan B (1 mo. Term SOFR +
3.00%)(e)
 7.32%
06/14/2030
 
1,512
1,512,089
TransDigm, Inc.
      
 
 
Term Loan I (3 mo. Term SOFR + 2.75%)
 7.05%
08/24/2028
 
6,985
7,014,141
Term Loan J (3 mo. Term SOFR + 2.50%)
 6.80%
02/28/2031
 
2,436
2,438,287
Term Loan K (3 mo. Term SOFR + 2.75%)
 7.05%
03/22/2030
 
486
487,707
 
 
 
 
77,892,135
Air Transport–1.62%
 
 
AAdvantage Loyality IP Ltd. (American Airlines, Inc.)
      
 
 
Term Loan B (3 mo. Term SOFR + 2.25%)
 6.52%
04/20/2028
 
19,995
19,817,920
Term Loan B(f)
     –
05/07/2032
 
1,676
1,684,832
American Airlines, Inc.
      
 
 
Term Loan (6 mo. Term SOFR + 2.25%)
 6.51%
06/04/2029
 
12,741
12,599,394
Term Loan B (6 mo. Term SOFR + 2.25%)
 6.50%
02/15/2028
 
55
53,966
eTraveli Group Holding AB (Sweden), Term Loan B-2 (3 mo. EURIBOR + 4.00%)
 6.36%
11/02/2028
EUR
1,578
1,808,630
Stonepeak Nile Parent LLC, Term Loan B (3 mo. Term SOFR + 2.75%)
 9.25%
02/15/2032
 
7,740
7,736,196
United AirLines, Inc., Term Loan B (3 mo. Term SOFR + 2.00%)
 6.28%
02/24/2031
 
1,430
1,436,194
WestJet Airlines Ltd. (Canada), Term Loan (3 mo. Term SOFR + 3.75%)
 7.55%
02/14/2031
 
1,516
1,505,815
 
 
 
 
46,642,947
Automotive–2.49%
 
 
Autokiniton US Holdings, Inc., Term Loan B (1 mo. Term SOFR + 4.11%)
 8.44%
04/06/2028
 
4,235
4,102,402
Belron Group S.A., Term Loan B (3 mo. Term SOFR + 2.75%)
 7.05%
10/16/2031
 
5,935
5,967,116
DexKo Global, Inc., Incremental First Lien Term Loan (1 mo. Term SOFR + 4.25%)
 8.58%
10/04/2028
 
4,688
4,516,684
Driven Holdings LLC, Term Loan (1 mo. Term SOFR + 3.11%)(e)
 7.44%
12/17/2028
 
1,086
1,086,028
Engineered Components & Systems LLC, Term Loan (1 mo. Term SOFR + 6.00%)(e)
10.33%
08/30/2030
 
4,997
4,784,982
First Brands Group LLC
      
 
 
First Lien Incremental Term Loan (3 mo. Term SOFR + 5.26%)
 9.54%
03/30/2027
 
3,444
3,338,581
First Lien Term Loan (3 mo. Term SOFR + 5.26%)
(Acquired 04/14/2023-01/04/2024; Cost $2,974,749)(g)
 9.54%
03/30/2027
 
2,990
2,897,682
Highline Aftermarket Acquisition LLC, Term Loan B (1 mo. Term SOFR + 3.50%)(e)
 7.83%
02/15/2030
 
7,799
7,828,291
Lippert Components, Inc., Term Loan B (1 mo. Term SOFR + 2.00%)(e)
 6.83%
03/19/2032
 
3,966
3,980,579
LS Group Opco Acquisition LLC (LS Group PropCo Acquisition LLC), Term Loan B-1 (3 mo.
Term SOFR + 2.50%)
 6.83%
04/23/2031
 
3,154
3,136,886
Mavis Tire Express Services Topco Corp., Term Loan B (3 mo. Term SOFR + 3.00%)
 7.33%
05/04/2028
 
10,448
10,378,929
Paint Intermediate III LLC (Wesco Group), Term Loan B (3 mo. Term SOFR + 3.00%)
 7.30%
09/11/2031
 
2,073
2,078,206
Panther BF Aggregator 2 L.P. (Power Solutions, Clarios POWSOL) (Canada), Term Loan B (1
mo. Term SOFR + 2.75%)
 7.08%
01/15/2032
 
10,464
10,451,082
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)
Project Boost Purchaser LLC, Term Loan (3 mo. Term SOFR + 3.00%)
 7.30%
07/16/2031
 
$3,505
$3,504,270
Wand Newco 3, Inc., Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
01/30/2031
 
3,514
3,486,285
 
 
 
 
71,538,003
Beverage & Tobacco–0.63%
 
 
AI Aqua Merger Sub, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.32%
07/31/2028
 
10,123
10,076,600
City Brewing Co. LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 6.25%)
(Acquired 04/25/2024-05/07/2024; Cost $4,323,499)(e)(g)
10.51%
04/05/2028
 
4,541
1,861,950
Term Loan (3 mo. Term SOFR + 1.76%)
(Acquired 01/06/2025-03/03/2025; Cost $1,496,903)(e)(g)
13.58%
01/03/2026
 
1,602
1,481,562
Term Loan (3 mo. Term SOFR + 3.76%)
(Acquired 04/15/2024; Cost $10,109,349)(e)(g)
 8.02%
04/05/2028
 
10,680
4,378,913
Term Loan (3 mo. Term SOFR + 3.76%)
(Acquired 04/15/2024-04/15/2025; Cost $8,625,525)(g)
 9.52%
04/05/2028
 
10,843
250,792
 
 
 
 
18,049,817
Brokers, Dealers & Investment Houses–0.24%
 
 
Ascensus Group Holdings, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
08/02/2028
 
1,222
1,219,693
Creative Planning (CPI Holdco B LLC), Incremental Term Loan B (1 mo. Term SOFR +
2.25%)
 6.58%
05/17/2031
 
1,656
1,657,605
Orion US Finco (OSTTRA), Term Loan B(f)
     –
05/20/2032
 
4,125
4,132,626
 
 
 
 
7,009,924
Building & Development–3.44%
 
 
Brookfield Retail Holdings VII Sub 3 LLC, Term Loan B (e)(f)
     –
05/28/2030
 
1,801
1,787,883
Chariot Buyer LLC, First Lien Term Loan (1 mo. Term SOFR + 3.35%)
 7.68%
11/03/2028
 
6,425
6,408,696
Empire Today LLC
      
 
 
Term Loan (3 mo. Term SOFR + 5.26%)(e)
 9.54%
08/03/2029
 
15,565
6,926,626
Term Loan A (3 mo. Term SOFR + 5.76%)(e)
10.04%
08/03/2029
 
4,641
4,223,630
Term Loan B (3 mo. Term SOFR + 5.76%)(e)
10.04%
08/03/2029
 
4,628
4,211,086
Flakt Woods (Fusilli Holdco) (France), Term Loan B (6 mo. EURIBOR + 5.00%)
(Acquired 02/24/2022-04/24/2024; Cost $1,880,882)(g)
 7.17%
04/12/2026
EUR
1,719
1,959,178
Gulfside Supply, Inc., Term Loan B (3 mo. Term SOFR + 3.00%)
 7.30%
06/17/2031
 
4,164
4,170,902
Icebox Holdco III, Inc., First Lien Term Loan (3 mo. Term SOFR + 3.76%)
 8.06%
12/22/2028
 
3,899
3,912,737
Interior Logic Group, Inc. (Signal Parent), Term Loan B (3 mo. Term SOFR + 3.60%)
 7.88%
04/01/2028
 
11,664
7,915,084
IPS Corp./CP Iris Holdco, First Lien Term Loan (1 mo. Term SOFR + 3.50%)
 7.83%
10/02/2028
 
4,048
4,046,085
Janus International Group LLC, Term Loan (3 mo. Term SOFR + 2.50%)
 6.78%
08/03/2030
 
1,410
1,404,168
LHS Borrow LLC (Leaf Home Solutions), Term Loan (1 mo. Term SOFR + 4.85%)
 9.18%
02/16/2029
 
12,551
11,939,355
MI Windows and Doors LLC, Incremental Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
03/28/2031
 
2,050
2,048,285
Oldcastle BuildingEnvelope, Inc., Term Loan B (3 mo. Term SOFR + 4.25%)
 8.55%
04/29/2029
 
10,681
9,692,920
Quikrete Holdings, Inc.
      
 
 
Term Loan B (1 mo. Term SOFR + 2.25%)
 6.58%
03/19/2029
 
3,754
3,755,430
Term Loan B (1 mo. Term SOFR + 2.25%)
 6.58%
02/15/2032
 
6,262
6,243,154
Term Loan B-1 (1 mo. Term SOFR + 2.25%)
 6.58%
04/14/2031
 
7,256
7,232,344
QXO / Beacon Roofing, Term Loan B (3 mo. Term SOFR + 3.00%)
 7.28%
04/23/2032
 
3,630
3,645,886
TAMKO Building Products LLC, Term Loan B (3 mo. Term SOFR + 2.75%)
 7.08%
09/20/2030
 
5,646
5,664,716
Tecta America Corp., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
02/08/2032
 
1,695
1,699,425
 
 
 
 
98,887,590
Business Equipment & Services–9.50%
 
 
Allied Universal Holdco LLC (USAGM Holdco LLC/UNSEAM), Term Loan (1 mo. Term SOFR +
3.85%)
 8.18%
05/12/2028
 
9,098
9,121,134
Azuria Water Solutions, Inc.
      
 
 
Delayed Draw Term Loan(d)
 0.00%
05/17/2028
 
239
238,895
Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
05/17/2028
 
5,493
5,481,703
Boost Newco Borrower LLC (WorldPay), Term Loan B (3 mo. Term SOFR + 2.00%)
 6.30%
01/31/2031
 
9,741
9,769,496
Checkout Holding Corp. (Catalina Marketing), Term Loan (1 mo. Term SOFR + 7.50%)
11.83%
05/10/2027
 
11,319
11,290,600
Cimpress USA, Inc., Term Loan (1 mo. Term SOFR + 2.50%)
 6.83%
11/01/2030
 
11,882
11,817,303
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)
Cloud Software Group, Inc.
      
 
 
Term Loan (3 mo. Term SOFR + 3.75%)
 8.05%
03/21/2031
 
$4,586
$4,580,696
Term Loan B (3 mo. Term SOFR + 3.50%)
 7.80%
03/30/2029
 
4,189
4,184,154
Constant Contact, Inc.
      
 
 
Second Lien Term Loan (3 mo. Term SOFR + 7.76%)
12.02%
02/12/2029
 
3,743
3,050,139
Term Loan (3 mo. Term SOFR + 4.00%)
 8.52%
02/10/2028
 
15,173
14,286,401
Corporation Service Co., Term Loan B (1 mo. Term SOFR + 2.00%)
 6.33%
11/02/2029
 
2,424
2,424,831
Deerfield Dakota Holding Corp.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 3.75%)
 8.05%
04/09/2027
 
17,716
17,265,534
Second Lien Term Loan (3 mo. Term SOFR + 7.01%)
11.31%
04/07/2028
 
1,901
1,824,736
DTI HoldCo, Inc., Term Loan B (1 mo. Term SOFR + 4.00%)
 8.33%
04/26/2029
 
5,657
5,659,070
Dun & Bradstreet Corp. (The), Term Loan B (1 mo. Term SOFR + 2.25%)
 6.57%
01/18/2029
 
12,422
12,430,147
Garda World Security Corp. (Canada), Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
02/01/2029
 
13,228
13,208,715
GI Revelation Acquisition LLC, Term Loan B-4 (1 mo. Term SOFR + 3.75%)
 8.08%
05/12/2028
 
13,555
13,518,609
I-Logic Tech Bidco Ltd. (Acuris) (United Kingdom), Term Loan (3 mo. Term SOFR + 3.75%)
 8.05%
02/16/2028
 
4,123
4,128,080
ION Trading Technologies S.a.r.l. (Luxembourg), Term Loan (3 mo. EURIBOR + 4.25%)
 6.61%
04/01/2028
EUR
11,558
13,120,287
Kantar Media (Luxembourg), Term Loan B(f)
     –
03/06/2032
EUR
2,113
2,407,325
KronosNet CX Bidco (Comspa Konecta) (Spain), Term Loan B (6 mo. EURIBOR + 5.75%)
 7.92%
10/25/2029
EUR
7,138
6,601,070
Learning Care Group (US) No. 2, Inc., Term Loan B (3 mo. Term SOFR + 4.00%)
 8.28%
08/11/2028
 
3,813
3,822,878
Monitronics International, Inc., DIP Term Loan A (1 mo. Term SOFR + 7.76%)
(Acquired 06/30/2023-02/16/2024; Cost $30,143,582)(g)
12.09%
06/30/2028
 
30,129
30,003,780
OCM System One Buyer CTB LLC, Term Loan B (3 mo. Term SOFR + 3.75%)(e)
 8.05%
03/02/2028
 
4,322
4,335,150
Orchid Merger Sub II LLC, Term Loan (3 mo. Term SOFR + 4.90%)
(Acquired 11/12/2021-01/05/2022; Cost $8,962,501)(g)
 9.23%
07/27/2027
 
9,197
4,617,720
Plano HoldCo, Inc., Term Loan B (3 mo. Term SOFR + 3.50%)(e)
 7.80%
10/02/2031
 
5,408
5,427,898
Project Dragon (Voyix Digital Banking), Term Loan B (3 mo. Term SOFR + 3.00%)
 7.30%
09/30/2031
 
7,526
7,560,660
Prometric Holdings, Inc., Term Loan B (1 mo. Term SOFR + 4.86%)
 9.19%
01/31/2028
 
6,188
6,233,915
Rubix Group Finco Ltd. (Brammer/IPH) (United Kingdom), Term Loan B (3 mo. EURIBOR +
4.00%)
 6.14%
09/30/2028
EUR
1,289
1,473,548
Ryan LLC (Ryan Tax), Term Loan (1 mo. Term SOFR + 3.50%)
 7.83%
11/14/2030
 
12,441
12,466,608
Socotec (Holding SAS) (France), Term Loan B (3 mo. Term SOFR + 3.75%)
 8.06%
06/02/2028
 
1,387
1,396,102
Spin Holdco, Inc., Term Loan (3 mo. Term SOFR + 4.26%)
 8.56%
03/04/2028
 
29,554
25,432,076
Thermostat Purchaser III, Inc.
      
 
 
Delayed Draw Term Loan B(d)
 0.00%
08/31/2028
 
823
826,967
Term Loan B (1 mo. Term SOFR + 4.25%)
 8.55%
08/31/2028
 
2,983
2,996,983
 
 
 
 
273,003,210
Cable & Satellite Television–3.09%
 
 
Altice Financing S.A. (Altice-Int’l) (Luxembourg)
      
 
 
Incremental Term Loan (3 mo. EURIBOR + 5.00%)
 7.28%
10/31/2027
EUR
1,376
1,306,144
Term Loan (3 mo. Term SOFR + 5.00%)
 9.26%
10/31/2027
 
12,283
10,240,803
Term Loan B (3 mo. EURIBOR + 5.00%)
 7.28%
10/31/2027
EUR
3,289
3,123,198
Atlantic Broadband Finance LLC (Cogeco)
      
 
 
Incremental Term Loan B-5 (1 mo. Term SOFR + 2.61%)
 6.94%
09/01/2028
 
1,092
1,084,379
Term Loan B-1 (1 mo. Term SOFR + 3.25%)
 7.58%
09/18/2030
 
10,682
10,603,538
Numericable-SFR S.A. (France)
      
 
 
Incremental Term Loan B-13 (3 mo. PRIME + 3.00%)
10.50%
08/14/2026
 
9,264
8,301,258
Term Loan B-11 (3 mo. Term SOFR + 1.75%)
 9.25%
07/31/2025
 
1,400
1,235,898
Term Loan B-12 (3 mo. Term SOFR + 7.50%)
10.19%
01/31/2026
 
22,096
19,657,120
Term Loan B-14 (3 mo. EURIBOR + 5.50%)
 7.78%
08/15/2028
EUR
4,781
5,017,356
UPC - LG (Sunrise), Term Loan AAA (6 mo. Term SOFR + 2.50%)
 6.79%
02/17/2032
 
8,144
8,145,325
Virgin Media 02 - LG (United Kingdom)
      
 
 
Term Loan Q (1 mo. Term SOFR + 3.36%)
 7.69%
01/31/2029
 
3,195
3,155,794
Term Loan Y (6 mo. Term SOFR + 3.28%)
 7.37%
03/31/2031
 
17,123
16,890,325
 
 
 
 
88,761,138
Chemicals & Plastics–8.20%
 
 
A&R Logistics Holdings, Inc. (Quantix)
      
 
 
Incremental Term Loan(e)(f)
     –
08/03/2026
 
4,926
4,719,162
Incremental Term Loan (3 mo. Term SOFR + 6.90%)(e)
11.19%
08/06/2026
 
75
72,250
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)
A-Gas Finco, Inc., Term Loan (3 mo. Term SOFR + 5.25%)
 9.55%
12/14/2029
 
$7,998
$7,366,004
AkzoNobel Chemicals, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
04/03/2028
 
4,889
4,910,266
Aruba Investments, Inc., First Lien Term Loan (1 mo. EURIBOR + 4.00%)
 6.01%
11/24/2027
EUR
3,600
3,948,641
Ascend Performance Materials Operations LLC
      
 
 
DIP Term Loan (1 mo. Term SOFR + 10.11%)
14.44%
10/23/2025
 
5,853
5,677,158
Term Loan
(Acquired 03/23/2022-01/31/2025; Cost $14,987,015)(g)(h)(i)
 0.00%
08/27/2026
 
15,180
882,312
Austin Powder (A-AP Buyer, Inc.), First Lien Term Loan (1 mo. Term SOFR + 2.75%)
 7.08%
09/09/2031
 
3,600
3,604,710
Charter NEX US, Inc., Term Loan B (1 mo. Term SOFR + 2.75%)
 7.09%
12/01/2030
 
7,843
7,867,211
Chemours Co. (The), Term Loan B-3 (1 mo. Term SOFR + 3.00%)
 7.33%
08/18/2028
 
9,579
9,443,698
Derby Buyer LLC (Delrin), Term Loan B (1 mo. Term SOFR + 3.00%)
 7.34%
11/01/2030
 
4,629
4,579,512
Discovery Purchaser Corp. (BES)
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 3.75%)
 8.02%
10/04/2029
 
12,321
12,312,154
Second Lien Term Loan (3 mo. Term SOFR + 7.00%)
11.28%
10/04/2030
 
1,420
1,349,837
Eastman Tire Additives (River Buyer, Inc.), First Lien Term Loan (3 mo. Term SOFR +
5.51%)
(Acquired 08/12/2021-03/22/2023; Cost $9,374,738)(g)
 9.81%
11/01/2028
 
9,842
5,183,677
Flint Group (ColourOz Inv) (Germany)
      
 
 
PIK Term Loan B, 6.90% PIK Rate, 4.64% Cash Rate(j)
 6.90%
12/31/2027
 
127
14,480
Term Loan (3 mo. EURIBOR + 4.25%)
 6.43%
12/31/2026
EUR
5,106
5,609,621
Term Loan (3 mo. Term SOFR + 4.25%)
 8.53%
12/31/2026
 
2,002
1,933,471
Fusion (Fusion UK Holding Ltd. & US HoldCo VAD, Inc.), Term Loan B (3 mo. Term SOFR +
3.75%)
 8.05%
12/16/2031
 
3,834
3,783,259
Hasa Intermediate Holdings, LLC
      
 
 
Incremental Delayed Draw Term Loan(d)(e)
 0.00%
01/10/2029
 
378
378,457
Incremental Term Loan (3 mo. Term SOFR + 4.75%)(e)
 8.78%
01/10/2029
 
3,831
3,831,258
Revolver Loan(d)(e)
 0.00%
01/10/2029
 
863
862,825
Revolver Loan (3 mo. Term SOFR + 4.75%)(e)
 8.78%
01/10/2029
 
973
972,974
Ineos Quattro (STYRO)
      
 
 
Term Loan (1 mo. Term SOFR + 4.25%)
 8.58%
10/01/2031
 
9,774
8,772,166
Term Loan B (1 mo. Term SOFR + 4.35%)
 8.68%
04/02/2029
 
4,850
4,461,568
Term Loan B (1 mo. Term SOFR + 3.85%)
 8.18%
03/14/2030
 
2,572
2,298,975
Ineos US Finance LLC
      
 
 
Term Loan (1 mo. Term SOFR + 3.25%)
 7.58%
02/18/2030
 
16,512
16,026,691
Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
02/07/2031
 
10,814
10,473,495
Lummus Technology Holdings V LLC (Illuminate Buyer LLC), Term Loan B (1 mo. Term SOFR
+ 3.00%)
 7.33%
12/31/2029
 
5,677
5,700,294
Nouryon Finance B.V., Term Loan B (3 mo. Term SOFR + 3.25%)
 7.51%
04/03/2028
 
4,144
4,162,572
Oxea Corp. (OQ Chemicals) (Oman)
      
 
 
Term Loan B-1 (3 mo. EURIBOR + 2.78%)
 6.10%
04/07/2031
EUR
6,586
7,159,042
Term Loan B-2 (3 mo. Term SOFR + 2.84%)
 7.35%
04/07/2031
 
15,275
14,587,941
Potters Industries, Term Loan B (3 mo. Term SOFR + 3.00%)
 7.33%
12/14/2027
 
2,427
2,437,438
Proampac PG Borrower LLC, Term Loan (3 mo. Term SOFR + 4.00%)
 8.26%
09/15/2028
 
7,684
7,689,243
Trinseo Materials Operating S.C.A.
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 2.50%)
 6.94%
05/03/2028
 
6,981
3,034,658
Term Loan A (3 mo. Term SOFR + 9.50%)
12.74%
05/03/2028
 
2,639
2,664,911
Term Loan B (3 mo. Term SOFR + 8.50%)
12.74%
05/03/2028
 
19,418
19,668,934
Term Loan C (3 mo. Term SOFR + 8.50%)
12.74%
05/03/2028
 
2,294
2,323,089
Univar, Inc., Term Loan B (1 mo. Term SOFR + 2.75%)
 7.07%
08/01/2030
 
11,611
11,594,933
USALCO LLC
      
 
 
Delayed Draw Term Loan(d)
 0.00%
09/17/2031
 
431
433,575
Term Loan (3 mo. Term SOFR + 4.00%)
 8.30%
09/17/2031
 
4,175
4,197,706
V Global Holdings LLC
      
 
 
Revolver Loan(d)(e)
 0.00%
12/22/2027
 
192
182,978
Revolver Loan (1 mo. USD LIBOR + 5.75%)(e)
12.25%
12/22/2027
 
698
664,969
Term Loan (3 mo. Term SOFR + 5.90%)(e)
10.20%
12/22/2027
 
7,095
6,761,954
W. R. Grace Holdings LLC, Term Loan (3 mo. Term SOFR + 3.25%)
 7.55%
09/22/2028
 
11,023
11,017,300
 
 
 
 
235,617,369
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
Clothing & Textiles–0.32%
 
 
ABG Intermediate Holdings 2 LLC
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 2.25%)
 6.58%
02/12/2032
 
$5,964
$5,923,689
Term Loan B (1 mo. Term SOFR + 2.25%)
 6.58%
12/21/2028
 
3,164
3,147,266
 
 
 
 
9,070,955
Containers & Glass Products–2.00%
 
 
Berlin Packaging LLC, Term Loan B (3 mo. Term SOFR + 3.50%)
 7.82%
06/07/2031
 
10,799
10,834,960
Flex Acquisition Co., Inc.
      
 
 
Delayed Draw Term Loan(d)
 0.00%
04/30/2032
 
163
162,410
Delayed Draw Term Loan (3 mo. Term SOFR + 3.25%)
 7.48%
04/30/2032
 
5
5,023
Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
04/30/2032
 
9,640
9,577,170
Iris Holding, Inc., First Lien Term Loan (3 mo. Term SOFR + 4.85%)
 9.13%
06/28/2028
 
5,485
5,262,013
Libbey Glass LLC, Term Loan B (3 mo. Term SOFR + 6.65%)
(Acquired 11/22/2022-01/23/2025; Cost $16,412,237)(g)
10.93%
11/22/2027
 
16,930
16,421,733
Mold-Rite Plastics LLC (Valcour Packaging LLC)
      
 
 
Term Loan A-1 (1 mo. Term SOFR + 5.25%)
 9.58%
10/04/2028
 
5,411
5,472,360
Term Loan A-2 (1 mo. Term SOFR + 1.61%)
 8.20%
10/04/2028
 
6,626
5,654,772
Refresco (Pegasus Bidco B.V.) (Netherlands), Term Loan B (3 mo. Term SOFR + 3.25%)(e)
 7.58%
07/12/2029
 
4,064
4,084,170
 
 
 
 
57,474,611
Cosmetics & Toiletries–0.71%
 
 
Bausch and Lomb, Inc. (Canada)
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 4.00%)
 8.33%
09/29/2028
 
4,473
4,474,902
Term Loan (1 mo. Term SOFR + 3.35%)
 7.68%
05/10/2027
 
9,650
9,632,457
Rodenstock (Germany), Term Loan B (3 mo. EURIBOR + 5.00%)
 7.19%
06/29/2028
EUR
5,831
6,199,288
 
 
 
 
20,306,647
Drugs–0.47%
 
 
Grifols Worldwide Operations USA, Inc., Term Loan B (3 mo. Term SOFR + 2.15%)
 6.48%
11/15/2027
 
13,617
13,588,812
Ecological Services & Equipment–0.89%
 
 
Anticimex Global AB (Sweden)
      
 
 
Term Loan B-1 (3 mo. Term SOFR + 3.40%)
 7.66%
11/16/2028
 
470
470,369
Term Loan B-6 (3 mo. Term SOFR + 3.40%)
 7.66%
11/16/2028
 
2,826
2,836,568
EnergySolutions LLC, Term Loan (1 mo. Term SOFR + 3.25%)(e)
 7.58%
09/20/2030
 
8,734
8,756,174
Erie US Merger Sub, Inc., Term Loan B (3 mo. Term SOFR + 2.50%)
 6.82%
02/04/2032
 
5,732
5,713,838
Groundworks LLC
      
 
 
Delayed Draw Term Loan(d)
 0.00%
03/14/2031
 
552
551,310
Delayed Draw Term Loan (1 mo. Term SOFR + 3.00%)
 7.32%
03/14/2031
 
104
104,224
Term Loan (1 mo. Term SOFR + 3.00%)
 7.32%
03/14/2031
 
3,541
3,539,268
Tidal Waste & Recycling Holdings LLC (Coastal Waste & Recyling), Term Loan (3 mo. Term
SOFR + 3.50%)
 7.80%
10/03/2031
 
3,558
3,579,594
 
 
 
 
25,551,345
Electronics & Electrical–7.38%
 
 
Allegro MicroSystems, Inc., Term Loan B (1 mo. Term SOFR + 2.00%)
 6.33%
10/31/2030
 
569
569,660
Applied Systems, Inc., First Lien Term Loan (3 mo. Term SOFR + 2.27%)
 6.80%
02/24/2031
 
638
641,177
AQA Acquisition Holding, Inc. (SmartBear), Term Loan B (3 mo. Term SOFR + 4.00%)
 8.28%
03/03/2028
 
3,805
3,815,937
Avalara, Inc. (United Kingdom), Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
03/19/2032
 
7,392
7,404,133
Boxer Parent Co., Inc., Term Loan B (3 mo. Term SOFR + 3.00%)
 7.33%
07/30/2031
 
4,459
4,433,623
CommerceHub, Inc., Term Loan B (3 mo. Term SOFR + 4.15%)
 8.41%
01/01/2028
 
1,240
1,203,220
EverCommerce, Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
07/06/2028
 
1,364
1,368,021
Exclusive Group (France)
      
 
 
Term Loan B-1 (3 mo. Term SOFR + 4.50%)(e)
 8.80%
12/14/2031
 
3,332
3,323,714
Term Loan B-2 (3 mo. Term SOFR + 4.50%)(e)
 8.78%
12/05/2031
 
1,660
1,655,633
GoTo Group, Inc. (LogMeIn), Second Lien Term Loan (1 mo. Term SOFR + 4.85%)
 9.18%
04/30/2028
 
10,838
4,044,037
Idemia Group S.A.S. (Oberthur Tech/Morpho/OBETEC)
      
 
 
Term Loan B-5 (3 mo. EURIBOR + 4.00%)
 6.36%
09/30/2028
EUR
1,123
1,281,719
Term Loan B-5 (3 mo. Term SOFR + 4.25%)
 8.55%
09/30/2028
 
7,810
7,844,103
Inetum (Granite Fin Bidco SAS) (France), Term Loan B (3 mo. EURIBOR + 4.98%)
 7.36%
10/17/2028
EUR
954
1,084,546
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)
Infinite Electronics
      
 
 
First Lien Incremental Term Loan (3 mo. Term SOFR + 6.25%)(e)
10.57%
03/02/2028
 
$1,482
$1,400,542
First Lien Term Loan (3 mo. Term SOFR + 4.01%)
 8.29%
03/02/2028
 
6,800
6,222,330
Second Lien Term Loan (3 mo. Term SOFR + 7.26%)
11.54%
03/02/2029
 
1,609
1,387,387
Instructure Holdings, Inc., Second Lien Term Loan (6 mo. Term SOFR + 5.00%)
 9.21%
09/10/2032
 
2,572
2,582,921
ION Corp. (Helios Software), Term Loan (3 mo. Term SOFR + 3.50%)
 7.80%
07/18/2030
 
3,890
3,892,067
Learning Pool (Brook Bidco Ltd.) (United Kingdom)
      
 
 
Term Loan (3 mo. Term SOFR + 7.18%)(e)
11.46%
08/17/2028
 
3,568
3,424,974
Term Loan (3 mo. GBP SONIA + 7.03%)(e)
11.49%
08/17/2028
GBP
2,678
3,478,519
Mavenir Systems, Inc.
      
 
 
Delayed Draw Term Loan (6 mo. Term SOFR + 10.00%)(e)
14.44%
06/30/2025
 
286
388,509
Incremental Term Loan (1 mo. Term SOFR + 9.86%)(e)
14.26%
06/30/2025
 
858
1,194,096
Incremental Term Loan (3 mo. Term SOFR + 9.87%)(e)
14.40%
06/30/2025
 
423
581,973
Incremental Term Loan (3 mo. Term SOFR + 10.00%)
(Acquired 11/26/2024-12/05/2024; Cost $1,128,063)(e)(g)
14.42%
06/30/2025
 
1,146
1,583,646
Term Loan (3 mo. Term SOFR + 10.00%)(e)
14.25%
06/30/2025
 
888
1,206,969
Term Loan (3 mo. EURIBOR + 3.50%)
 5.77%
07/15/2030
EUR
1,227
1,391,814
Term Loan B (3 mo. Term SOFR + 5.01%)
(Acquired 08/13/2021-10/31/2022; Cost $12,315,261)(e)(g)
 9.34%
08/18/2028
 
12,613
378,391
McAfee Enterprise, Term Loan (3 mo. Term SOFR + 6.25%)
10.53%
07/27/2028
 
7,867
7,931,591
McAfee LLC, Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
03/01/2029
 
3,500
3,378,375
Modena Buyer LLC (End User Computing), Term Loan (3 mo. Term SOFR + 4.50%)
 8.78%
07/01/2031
 
1,449
1,407,961
Natel Engineering Co., Inc., Term Loan (1 mo. Term SOFR + 6.36%)
10.69%
04/30/2026
 
14,928
13,883,467
Native Instruments (Music Creation Group GmbH/APTUS) (Germany), Term Loan B (3 mo.
EURIBOR + 4.00%)
(Acquired 01/14/2022-03/10/2025; Cost $6,207,626)(e)(g)
 6.51%
03/03/2028
EUR
5,496
5,148,479
Opal Bidco S.A.S., Term Loan (3 mo. EURIBOR + 3.50%)
 5.62%
03/31/2032
EUR
1,000
1,140,179
Particle Luxembourg S.a.r.l. (WebPros) (Netherlands), Term Loan B (1 mo. Term SOFR +
3.75%)
 8.08%
03/28/2031
 
6,525
6,561,925
Proofpoint, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
08/31/2028
 
13,033
13,044,499
Quest Software US Holdings, Inc., First Lien Term Loan (3 mo. Term SOFR + 4.40%)
(Acquired 01/20/2022-04/29/2024; Cost $19,952,938)(e)(g)
 8.73%
02/01/2029
 
21,497
16,552,514
RANGE RED OPER, Inc., Second Lien Term Loan (3 mo. Term SOFR + 8.10%)(e)
12.69%
10/01/2029
 
3
0
Renaissance Holding Corp., Term Loan (3 mo. Term SOFR + 4.00%)
 8.28%
04/05/2030
 
12,145
11,237,611
Shift4 Payments, LLC, Term Loan B(f)
     –
05/10/2032
 
2,190
2,205,627
SonicWall U.S. Holdings, Inc.
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 5.00%)
 9.30%
05/18/2028
 
9,442
9,291,283
Second Lien Term Loan (3 mo. Term SOFR + 7.65%)
11.95%
05/18/2026
 
1,353
1,244,636
STG-Fairway Acquisitions, Inc., Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
10/31/2031
 
7,061
7,067,336
Storable, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
04/17/2031
 
4,074
4,080,161
Ultimate Software Group, Inc., First Lien Term Loan (1 mo. Term SOFR + 3.00%)
 7.33%
02/10/2031
 
7,146
7,167,909
UST Holdings Ltd., Term Loan B (1 mo. Term SOFR + 3.00%)(e)
 7.33%
11/20/2028
 
6,870
6,904,306
Utimaco (SGT Ultimate BidCo GmbH) (Germany)
      
 
 
Term Loan B-1 (6 mo. EURIBOR + 5.75%)(e)
 7.79%
05/31/2029
EUR
13,364
14,582,052
Term Loan B-2 (6 mo. Term SOFR + 5.75%)(e)
10.01%
05/31/2029
 
7,500
7,282,794
Varsity Brands Holding Co., Inc., Term Loan B (3 mo. Term SOFR + 3.50%)
 7.83%
08/26/2031
 
4,192
4,171,245
 
 
 
 
212,067,611
Farming/Agriculture–0.16%
 
 
Rovensa (Root Bidco S.a.r.l.) (Portugal), Term Loan B (6 mo. EURIBOR + 5.25%)
 7.85%
09/29/2027
EUR
3,958
4,518,658
Financial Intermediaries–2.46%
 
 
AssetMark Financial Holdings, Inc., Term Loan B (3 mo. Term SOFR + 2.75%)
 7.05%
09/05/2031
 
1,205
1,204,514
AssuredPartners, Inc., Term Loan B-5 (1 mo. Term SOFR + 3.50%)
 7.83%
02/14/2031
 
10,315
10,343,795
Broadstreet Partners, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
06/13/2031
 
6,115
6,128,516
Citrin Cooperman Advisors, LLC
      
 
 
Delayed Draw Term Loan(d)
 0.00%
03/31/2032
 
267
266,111
Term Loan B (3 mo. Term SOFR + 3.00%)
 7.28%
03/31/2032
 
4,143
4,124,724
Edelman Financial Center LLC (The), First Lien Term Loan (1 mo. Term SOFR + 3.00%)
 7.33%
04/07/2028
 
7,833
7,837,824
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
Financial Intermediaries–(continued)
Eisner Advisory Group LLC
      
 
 
Delayed Draw Term Loan(d)(e)
 0.00%
02/28/2031
 
$4,917
$4,917,117
Incremental Term Loan (1 mo. Term SOFR + 4.00%)
 8.33%
02/28/2031
 
7,353
7,387,319
Grant Thornton Advisors LLC
      
 
 
Delayed Draw Term Loan(d)
 0.00%
06/02/2031
 
184
183,714
Incremental Term Loan (1 mo. Term SOFR + 3.00%)
 7.33%
06/02/2031
 
3,403
3,405,089
Term Loan B (1 mo. Term SOFR + 2.75%)
 7.08%
06/02/2031
 
8,274
8,258,997
LendingTree, Inc., Term Loan B (1 mo. Term SOFR + 4.11%)
 8.44%
09/15/2028
 
7,765
7,709,784
Tegra118 Wealth Solutions, Inc., Term Loan (3 mo. Term SOFR + 4.00%)
 8.32%
02/18/2027
 
7,327
7,250,294
Tricor (Thevelia/Vistra-Virtue), Term Loan (3 mo. Term SOFR + 3.00%)
 7.30%
06/18/2029
 
1,667
1,674,501
 
 
 
 
70,692,299
Food Products–1.48%
 
 
Arnott’s (Snacking Investments US LLC), Term Loan (3 mo. Term SOFR + 4.00%)
 8.28%
12/18/2026
 
982
988,463
Biscuit Holding S.A.S. (BISPOU/Cookie Acq) (United Kingdom), Term Loan B (6 mo. EURIBOR
+ 4.00%)
 6.38%
02/12/2027
EUR
2,600
2,881,525
Florida Food Products LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 5.00%)(e)
 9.30%
10/18/2028
 
2,986
2,120,249
First Lien Term Loan (3 mo. Term SOFR + 5.26%)
 9.56%
10/18/2028
 
19,029
13,582,248
Second Lien Term Loan (1 mo. USD LIBOR + 8.00%)(e)
12.56%
10/18/2029
 
4,194
2,201,917
Sigma Holdco B.V. (Netherlands)
      
 
 
Term Loan B (3 mo. EURIBOR + 4.00%)
 6.56%
01/02/2028
EUR
4,505
5,113,434
Term Loan B (6 mo. Term SOFR + 3.88%)
 8.07%
01/03/2028
 
7,018
7,011,301
Solina Group Services (Powder Bidco) (France), Term Loan B (6 mo. Term SOFR + 3.36%)
 7.55%
03/07/2029
 
2,979
2,982,813
United Petfood (Belgium), Term Loan B (3 mo. EURIBOR + 2.75%)
 5.17%
02/05/2032
EUR
2,172
2,469,704
Valeo Foods (Platform Bidco Ltd.) (United Kingdom)
      
 
 
Delayed Draw Term Loan (3 mo. EURIBOR + 4.75%)
 7.11%
09/29/2028
EUR
736
839,971
Term Loan B (6 mo. EURIBOR + 4.00%)
 6.13%
09/29/2028
EUR
2,000
2,260,602
 
 
 
 
42,452,227
Food Service–0.73%
 
 
Areas (Pax Midco Spain) (Spain), Term Loan B-3 (3 mo. EURIBOR + 4.00%)
 6.52%
12/31/2029
EUR
11,700
13,305,491
IRB Holding Corp., Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
12/15/2027
 
1,826
1,826,774
WW International, Inc., Term Loan(h)(i)
 0.00%
04/13/2028
 
17,831
5,710,436
 
 
 
 
20,842,701
Forest Products–0.18%
 
 
NewLife Forest Restoration LLC, Term Loan (e)(f)
     –
04/10/2029
 
5,221
5,221,593
Health Care–4.93%
 
 
Acacium (Impala Bidco Ltd.) (United Kingdom), Term Loan B (1 mo. GBP SONIA + 5.25%)
 9.21%
06/08/2028
GBP
1,000
1,029,038
Ascend Learning LLC
      
 
 
Second Lien Term Loan (1 mo. Term SOFR + 5.85%)
10.18%
12/10/2029
 
1,651
1,646,387
Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
12/10/2028
 
5,064
5,046,746
Bracket Intermediate Holding Corp. (Signant), Term Loan B (3 mo. Term SOFR + 4.25%)
 8.55%
05/08/2028
 
3,950
3,961,518
Cerba (Chrome Bidco) (United Kingdom)
      
 
 
Incremental Term Loan C (1 mo. EURIBOR + 3.95%)
 5.96%
02/16/2029
EUR
4,125
3,648,908
Incremental Term Loan D (3 mo. EURIBOR + 5.45%)
 7.46%
02/16/2029
EUR
2,500
2,239,562
Term Loan B (1 mo. EURIBOR + 3.70%)
 5.71%
06/30/2028
EUR
12,494
11,066,427
Certara Holdco, Inc., Term Loan B (1 mo. Term SOFR + 3.00%)(e)
 7.30%
06/26/2031
 
503
503,726
Global Medical Response, Inc., Term Loan (3 mo. Term SOFR + 4.75%)
 9.08%
10/31/2028
 
11,200
11,232,527
ImageFirst, Term Loan B (3 mo. Term SOFR + 3.25%)(e)
 7.55%
03/15/2032
 
2,247
2,247,329
International SOS L.P. (AEA International), Term Loan B (3 mo. Term SOFR + 2.75%)(e)
 7.05%
09/07/2028
 
4,705
4,710,373
IVC Evidensia (Indep Vetcare Group) (United Kingdom), Term Loan B (3 mo. Term SOFR +
3.75%)
 8.05%
12/06/2028
 
1,299
1,307,203
Lanai Holdings III, Inc. (Performance Health), Term Loan B (6 mo. Term SOFR + 3.75%)(e)
 7.95%
02/28/2032
 
4,462
4,372,695
LSCS Holdings, Inc. (Eversana), Term Loan (3 mo. Term SOFR + 4.50%)
 8.80%
09/04/2025
 
286
280,559
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)
MB2 Dental Solutions LLC
      
 
 
Delayed Draw Term Loan(d)(e)
 0.00%
02/15/2031
 
306
$307,843
Delayed Draw Term Loan(d)(e)
 0.00%
02/15/2031
 
1,112
1,118,809
Delayed Draw Term Loan (1 mo. Term SOFR + 5.50%)(e)
 9.83%
02/15/2031
 
$532
535,572
Delayed Draw Term Loan (1 mo. Term SOFR + 5.50%)(e)
 9.83%
02/15/2031
 
681
685,183
Revolver Loan(d)(e)
 0.00%
02/15/2031
 
132
131,614
Revolver Loan (1 mo. Term SOFR + 5.50%)(e)
 9.83%
02/15/2031
 
33
32,903
Term Loan (1 mo. Term SOFR + 5.50%)(e)
 9.83%
02/13/2031
 
4,704
4,731,965
MedAssets Software Intermediate Holdings, Inc. (nThrive TSG)
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 5.25%)
 9.57%
12/17/2028
 
2,544
2,540,461
Term Loan (1 mo. Term SOFR + 4.00%)
 8.32%
12/17/2028
 
8,358
8,176,554
Term Loan (1 mo. Term SOFR + 4.11%)
 8.44%
12/17/2028
 
6,315
5,715,369
Mehilainen Yhtiot Oy (United Kingdom), Term Loan B (3 mo. EURIBOR + 3.90%)
 6.26%
08/05/2031
EUR
3,023
3,456,358
Opella, Term Loan B (3 mo. Term SOFR + 3.25%)
 9.75%
03/31/2032
 
10,635
10,661,771
Organon & Co., Term Loan (1 mo. Term SOFR + 2.25%)
 6.57%
05/19/2031
 
3,485
3,402,598
Pathway Vet Alliance LLC, First Lien Term Loan(f)
     –
09/30/2029
 
4,540
4,536,626
R1 RCM, Inc.
      
 
 
Delayed Draw Term Loan B(d)
 0.00%
10/24/2031
 
539
538,785
Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
10/24/2031
 
7,550
7,542,996
Sharp Services LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
12/31/2028
 
399
400,504
Southern Veterinary Partners LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.53%
12/11/2031
 
6,357
6,369,354
Sulo S.A.S. (United Kingdom), Term Loan B (3 mo. EURIBOR + 3.89%)
 6.25%
07/11/2031
EUR
1,000
1,132,969
Summit Behavioral Healthcare LLC, Term Loan B (3 mo. Term SOFR + 4.25%)
 8.55%
11/24/2028
 
3,252
2,483,935
TEAM Services Group LLC, Term Loan B (3 mo. Term SOFR + 5.25%)
 9.53%
12/20/2027
 
6,739
6,730,506
TTF Holdings LLC (Soliant), Term Loan B (6 mo. Term SOFR + 3.75%)
 8.00%
07/18/2031
 
12,364
12,217,347
Waystar Technologies, Inc., First Lien Term Loan (1 mo. Term SOFR + 2.25%)
 6.58%
10/22/2029
 
222
222,887
Zelis Cost Management Buyer, Inc.
      
 
 
Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
11/26/2031
 
2,223
2,222,670
Term Loan B-2 (1 mo. Term SOFR + 2.75%)
 7.08%
09/28/2029
 
2,451
2,436,053
 
 
 
 
141,624,630
Home Furnishings–2.29%
 
 
Hunter Douglas Holding B.V., Term Loan B (3 mo. Term SOFR + 3.25%)
 7.55%
01/14/2032
 
2,956
2,922,353
Kidde Global Solutions, Term Loan B (1 mo. Term SOFR + 4.25%)
 8.57%
10/02/2031
 
11,711
11,549,740
Serta Simmons Bedding LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 7.60%)(e)
11.88%
06/29/2028
 
753
754,456
Term Loan (3 mo. Term SOFR + 7.61%)
11.91%
06/29/2028
 
10,664
9,778,176
SIWF Holdings, Inc.
      
 
 
First Lien Delayed Draw Term Loan(d)
 0.00%
12/19/2029
 
6,189
6,207,992
Term Loan A-1 (1 mo. Term SOFR + 4.50%)
 8.83%
12/19/2029
 
4,791
4,805,937
Term Loan A-2 (1 mo. Term SOFR + 4.11%)
 8.44%
12/19/2025
 
13,892
11,165,652
Tempur Sealy International, Inc., Term Loan B (1 mo. Term SOFR + 2.50%)
 6.76%
10/03/2031
 
10,084
10,133,758
Weber-Stephen Products LLC
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 4.35%)
 8.68%
10/30/2027
 
1,831
1,828,680
Term Loan B (1 mo. Term SOFR + 3.36%)
 7.69%
10/30/2027
 
6,743
6,699,689
 
 
 
 
65,846,433
Industrial Equipment–3.71%
 
 
Alliance Laundry Systems LLC, Term Loan B (1 mo. Term SOFR + 2.75%)
 7.08%
08/19/2031
 
12,723
12,747,104
Chart Industries, Inc., Term Loan B (3 mo. Term SOFR + 2.50%)
 6.79%
03/15/2030
 
2,831
2,842,409
Crosby US Acquisition Corp., Term Loan (1 mo. Term SOFR + 3.50%)
 7.83%
08/16/2029
 
1,685
1,689,396
Discovery Energy Holding Co. (Kohler Energy), Term Loan B (3 mo. Term SOFR + 3.75%)
 8.05%
05/01/2031
 
9,799
9,762,762
DXP Enterprises, Inc., Term Loan B (1 mo. Term SOFR + 3.75%)
 8.08%
10/11/2030
 
6,130
6,165,509
EMRLD Borrower L.P. (Copeland)
      
 
 
Incremental Term Loan B (3 mo. Term SOFR + 2.50%)
 6.80%
08/04/2031
 
4,013
3,998,513
Term Loan B (3 mo. Term SOFR + 2.50%)
 6.83%
05/31/2030
 
468
466,224
Kantar (Summer BC Bidco/KANGRP) (Luxembourg)
      
 
 
Revolver Loan(d)
 0.00%
06/04/2026
 
10,250
9,711,875
Term Loan B (3 mo. Term SOFR + 5.26%)
 9.56%
02/15/2029
 
10,478
10,394,908
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
Industrial Equipment–(continued)
Madison IAQ LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 7.56%
03/29/2032
 
$12,328
$12,355,786
Minimax (-Viking GmbH, -MX Holdings US, Inc.), Term Loan B (1 mo. Term SOFR +
2.25%)(e)
 6.58%
02/17/2032
 
2,312
2,318,071
Tank Holding Corp.
      
 
 
Revolver Loan(d)(e)
 0.00%
03/31/2028
 
922
848,742
Term Loan (1 mo. Term SOFR + 5.85%)
10.18%
03/31/2028
 
9,617
9,081,850
Thyssenkrupp Elevators (Vertical Midco GmbH) (Germany)
      
 
 
Term Loan B (3 mo. EURIBOR + 3.25%)
 5.85%
04/30/2030
EUR
1,399
1,591,494
Term Loan B (2 mo. Term SOFR + 2.95%)
 7.24%
04/30/2030
 
8,614
8,643,962
Victory Buyer LLC (Vantage Elevator)
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 3.86%)
 8.19%
11/19/2028
 
13,085
12,937,937
Second Lien Term Loan (1 mo. Term SOFR + 7.11%)(e)
11.44%
11/19/2029
 
1,148
1,099,140
 
 
 
 
106,655,682
Insurance–2.27%
 
 
Acrisure LLC, Term Loan B-6 (1 mo. Term SOFR + 3.00%)
 7.33%
11/06/2030
 
13,725
13,676,732
Alliant Holdings Intermediate LLC, Term Loan B (1 mo. Term SOFR + 2.75%)
 7.07%
09/19/2031
 
19,056
18,995,414
AmWINS Group, Inc., Term Loan B (1 mo. Term SOFR + 2.25%)
 6.58%
01/23/2032
 
6,493
6,493,464
HUB International Ltd., Term Loan B (3 mo. Term SOFR + 2.50%)
 6.77%
06/20/2030
 
2,142
2,144,783
Sedgwick Claims Management Services, Inc., Term Loan (1 mo. Term SOFR + 3.00%)
 7.33%
07/31/2031
 
11,624
11,655,377
Truist Insurance Holdings, Term Loan B (3 mo. Term SOFR + 2.75%)
 7.05%
05/06/2031
 
5,229
5,226,358
USI, Inc.
      
 
 
Term Loan B (3 mo. Term SOFR + 2.25%)
 6.55%
11/23/2029
 
5,470
5,458,535
Term Loan B (3 mo. Term SOFR + 2.25%)
 6.55%
09/27/2030
 
1,518
1,513,477
 
 
 
 
65,164,140
Leisure Goods, Activities & Movies–3.39%
 
 
ATG Entertainment
      
 
 
Term Loan B(e)(f)
     –
03/21/2032
 
3,629
3,642,614
Term Loan B(e)(f)
     –
04/02/2032
EUR
1,175
1,346,954
Carnival Corp.
      
 
 
Term Loan B (1 mo. Term SOFR + 2.00%)
 6.33%
07/14/2025
 
20
20,301
Term Loan B (1 mo. Term SOFR + 2.00%)
 6.33%
10/18/2028
 
5,249
5,257,749
Crown Finance US, Inc., Term Loan B (1 mo. Term SOFR + 5.25%)
 9.58%
12/02/2031
 
18,814
18,862,227
Fitness International LLC, Term Loan B (1 mo. Term SOFR + 5.25%)
 9.58%
02/05/2029
 
7,332
7,362,736
Galileo Global Education Finance S.a.r.l. (Luxembourg)
      
 
 
Term Loan B-4 (3 mo. EURIBOR + 3.25%)
 5.38%
07/14/2031
EUR
87
97,980
Term Loan B-4 (3 mo. EURIBOR + 3.25%)
 5.38%
07/19/2031
EUR
996
1,127,159
GBT Group Servicers B.V. (fka Global Business Travel Holdings Ltd.) (United Kingdom),
Term Loan B (3 mo. Term SOFR + 2.50%)
 6.78%
07/25/2031
 
7,197
7,202,085
Herschend Entertainment Co., LLC, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.57%
05/14/2032
 
2,281
2,290,350
LC Ahab US Bidco LLC, Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
05/01/2031
 
2,741
2,713,830
Nord Anglia Education (Netherlands), Term Loan B (3 mo. Term SOFR + 3.25%)
 7.58%
01/09/2032
 
7,874
7,909,574
Orbiter International S.a.r.l. (United Kingdom), Term Loan (6 mo. EURIBOR + 3.92%)
 6.48%
10/25/2028
EUR
3,000
3,214,334
Parques Reunidos (Piolin Bidco S.A.U.) (Luxembourg)
      
 
 
Revolver Loan(d)(e)
 0.00%
03/16/2026
EUR
1,642
1,734,415
Term Loan B-4 (6 mo. EURIBOR + 4.50%)
 7.05%
09/16/2029
EUR
637
730,118
Scenic (Columbus Capital B.V.) (Australia), Term Loan (3 mo. EURIBOR + 3.75%)
(Acquired 11/18/2021-03/11/2024; Cost $12,807,513)(g)
 5.91%
03/05/2027
EUR
12,217
13,736,337
Vue International Bidco PLC (United Kingdom)
      
 
 
Second Lien Term Loan (6 mo. EURIBOR + 8.50%)
(Acquired 02/20/2024-04/08/2025; Cost $2,860,431)(e)(g)
10.76%
12/31/2027
EUR
3,883
6,172,243
Term Loan (6 mo. EURIBOR + 8.00%)
(Acquired 09/15/2022-02/20/2024; Cost $1,885,666)(g)
10.26%
06/30/2027
EUR
1,872
2,109,419
Term Loan (6 mo. EURIBOR + 8.50%)
(Acquired 02/20/2024-04/08/2025; Cost $2,519,193)(e)(g)
10.76%
12/31/2027
EUR
2,377
3,778,695
Term Loan (6 mo. EURIBOR + 8.00%)
(Acquired 02/20/2024-04/08/2025; Cost $1,156,609)(e)(g)
10.26%
06/30/2027
EUR
1,101
2,000,797
World Choice Investments, Term Loan B (3 mo. Term SOFR + 4.75%)
 9.07%
08/13/2031
 
6,056
6,086,115
 
 
 
 
97,396,032
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
Lodging & Casinos–2.36%
 
 
Aimbridge Acquisition Co., Inc.
      
 
 
First Lien Term Loan (1 mo. Term SOFR + 5.61%)
12.00%
03/12/2030
 
$1,291
$1,291,170
Term Loan (1 mo. Term SOFR + 7.61%)
11.95%
03/11/2030
 
1,153
1,137,660
Caesars Entertainment, Inc.
      
 
 
Incremental Term Loan B (1 mo. Term SOFR + 2.25%)
 6.58%
02/06/2030
 
2,017
2,015,359
Term Loan (1 mo. Term SOFR + 2.25%)
 6.58%
02/06/2031
 
8,961
8,947,242
Fertitta Entertainment LLC (Golden Nugget), Term Loan (1 mo. Term SOFR + 3.50%)
 7.83%
01/27/2029
 
14,246
14,181,925
GVC Finance LLC, Term Loan B (3 mo. Term SOFR + 2.75%)
 7.05%
10/31/2029
 
14,944
15,015,553
Hilton Grand Vacations Borrower LLC, Term Loan (1 mo. Term SOFR + 2.00%)
 6.33%
08/02/2028
 
742
740,059
Motel One (One Hotels GmbH) (Germany), Term Loan B(f)
     –
05/03/2032
EUR
1,084
1,241,236
Penn Entertainment, Inc., Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
05/03/2029
 
5,694
5,692,697
Travel + Leisure Co., Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
12/14/2029
 
2,850
2,845,215
Voyager Parent, LLC, Term Loan B(f)
     –
05/10/2032
 
14,938
14,691,957
 
 
 
 
67,800,073
Nonferrous Metals & Minerals–1.36%
 
 
ACNR Holdings, Inc., Term Loan
13.00%
12/11/2029
 
14,553
14,328,730
AZZ, Inc., Term Loan (1 mo. Term SOFR + 2.50%)
 6.83%
05/14/2029
 
958
963,496
Covia Holdings Corp., Term Loan B 3 mo. Term SOFR + 3.25%)
 9.75%
02/13/2032
 
9,675
9,681,428
Form Technologies LLC, Term Loan (3 mo. Term SOFR + 5.75%)
10.02%
05/30/2030
 
7,379
7,028,068
SCIH Salt Holdings, Inc. (Kissner Group), First Lien Incremental Term Loan B-1 (3 mo. Term
SOFR + 3.00%)
 7.28%
01/31/2029
 
7,144
7,135,453
 
 
 
 
39,137,175
Oil & Gas–2.18%
 
 
EPIC Crude Services L.P., Term Loan B (3 mo. Term SOFR + 3.00%)
 7.26%
10/10/2031
 
1,024
1,027,532
ITT Holdings LLC (IMTT), Term Loan B (1 mo. Term SOFR + 2.75%)
 7.08%
10/11/2030
 
3,470
3,477,569
McDermott International Ltd.
      
 
 
LOC(d)
 0.00%
06/30/2027
 
9,674
7,883,989
LOC (3 mo. Term SOFR + 4.26%)
 8.55%
06/30/2027
 
5,404
3,431,211
PIK Term Loan, 3.00% PIK Rate, 5.44% Cash Rate(j)
 8.44%
12/31/2027
 
4,896
2,159,147
Term Loan (1 mo. Term SOFR + 3.11%)
 7.44%
06/30/2027
 
725
398,826
Par Petroleum LLC and Par Petroleum Finance Corp. (Par Pacific), Term Loan B (3 mo.
Term SOFR + 3.75%)
 8.01%
02/28/2030
 
4,702
4,595,574
PG Investment Co. 59 S.a.r.l./URSA Minor US Bidco LLC (Rosen), Term Loan B (3 mo. Term
SOFR + 3.00%)
 7.30%
03/26/2031
 
5,208
5,223,642
Prairie Acquiror L.P., Term Loan B (1 mo. Term SOFR + 4.25%)
 8.58%
08/01/2029
 
5,388
5,423,702
Rockpoint Gas Storage Partners L.P. (Canada), Term Loan B (3 mo. Term SOFR + 3.00%)
 7.30%
09/18/2031
 
8,006
8,019,882
Rockwood Service Corp., Term Loan B (1 mo. Term SOFR + 2.75%)
 7.08%
07/30/2031
 
1,449
1,452,503
Third Coast Super Holdings LLC, Term Loan B (1 mo. Term SOFR + 4.25%)
 8.58%
09/25/2030
 
14,434
14,461,199
TransMontaigne Partners LLC, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
11/17/2028
 
2,771
2,783,458
WhiteWater Matterhorn, Term Loan B(f)
     –
05/12/2032
 
2,218
2,218,722
WhiteWater Whistler Holdings LLC, Term Loan B (3 mo. Term SOFR + 1.76%)
 6.05%
02/15/2030
 
1
619
 
 
 
 
62,557,575
Publishing–2.33%
 
 
Adtalem Global Education, Inc., Term Loan B (1 mo. Term SOFR + 2.75%)
 7.08%
08/12/2028
 
628
629,151
Cengage Learning, Inc., Term Loan B (3 mo. Term SOFR + 3.50%)
 7.83%
03/22/2031
 
17,269
17,309,857
Century DE Buyer LLC (Simon & Schuster), First Lien Term Loan (3 mo. Term SOFR +
3.50%)
 7.78%
10/30/2030
 
2,785
2,799,556
Dotdash Meredith, Inc., Term Loan B (1 mo. Term SOFR + 3.50%)
 7.82%
12/01/2028
 
13,538
13,563,360
Harbor Purchaser, Inc. (Houghton Mifflin Harcourt)
      
 
 
First Lien Term Loan B (3 mo. Term SOFR + 5.35%)
 9.63%
04/09/2029
 
11,598
11,555,910
Second Lien Term Loan B (1 mo. Term SOFR + 8.46%)
12.78%
04/08/2030
 
8,093
7,951,712
McGraw-Hill Education, Inc., Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
08/06/2031
 
10,872
10,915,154
Micro Holding L.P., First Lien Incremental Term Loan (1 mo. Term SOFR + 4.25%)
 8.58%
05/03/2028
 
2,359
2,273,430
 
 
 
 
66,998,130
Radio & Television–0.40%
 
 
iHeartCommunications, Inc., Term Loan (1 mo. Term SOFR + 5.89%)
10.21%
05/01/2029
 
7,440
6,128,959
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
Radio & Television–(continued)
Univision Communications, Inc., Incremental Term Loan B (1 mo. Term SOFR + 3.61%)
 7.94%
01/31/2029
 
$5,662
$5,510,510
 
 
 
 
11,639,469
Retailers (except Food & Drug)–1.18%
 
 
Action Holding B.V. (Peer Holdings) (Netherlands)
      
 
 
Term Loan B (3 mo. Term SOFR + 2.50%)
 6.80%
07/01/2031
 
2,737
2,746,379
Term Loan B-4 (3 mo. Term SOFR + 2.50%)
 6.80%
10/28/2030
 
5,696
5,717,815
Bass Pro Group LLC, Term Loan B (1 mo. Term SOFR + 3.25%)
 7.58%
01/31/2032
 
13,112
13,031,755
CNT Holdings I Corp. (1-800 Contacts), Term Loan B (3 mo. Term SOFR + 2.50%)
 6.78%
11/08/2032
 
9,136
9,135,908
Savers, Inc., Term Loan (3 mo. Term SOFR + 3.75%)
 8.05%
04/26/2028
 
3,134
3,139,238
 
 
 
 
33,771,095
Surface Transport–1.03%
 
 
First Student Bidco, Inc.
      
 
 
Term Loan B (3 mo. Term SOFR + 2.50%)
 6.80%
07/21/2028
 
340
340,835
Term Loan B-2 (3 mo. Term SOFR + 2.50%)
 6.80%
07/21/2028
 
12,386
12,408,318
Term Loan C (3 mo. Term SOFR + 2.50%)
 6.80%
07/21/2028
 
153
153,036
Hurtigruten Group AS (Explorer II AS) (Norway)
      
 
 
Term Loan A (6 mo. EURIBOR + 7.50%)
 9.97%
01/30/2030
EUR
5,492
6,323,881
Term Loan B (6 mo. EURIBOR + 8.00%)
10.47%
07/30/2030
EUR
1,703
1,725,713
Patriot Rail Co. LLC, Term Loan B (3 mo. Term SOFR + 2.75%)
 7.30%
03/01/2032
 
5,987
6,007,518
STG Distribution LLC, PIK Term Loan, 7.25% PIK Rate, 5.43% Cash Rate(e)(j)
 7.25%
10/03/2029
 
3,059
2,615,550
 
 
 
 
29,574,851
Telecommunications–4.38%
 
 
Avaya, Inc., Term Loan (1 mo. Term SOFR + 7.50%)
11.83%
08/01/2028
 
8,258
6,565,401
Crown Subsea Communications Holding, Inc., Term Loan B (1 mo. Term SOFR + 4.00%)
 8.32%
01/30/2031
 
14,264
14,343,913
Eagle Broadband Investments LLC (Mega Broadband), Term Loan (3 mo. Term SOFR +
3.26%)
 7.56%
11/12/2027
 
3,602
3,593,272
Genesys Cloud Services Holdings I LLC, Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
01/26/2032
 
681
680,309
II-VI, Inc., Term Loan B (1 mo. Term SOFR + 2.00%)
 6.33%
07/02/2029
 
2,623
2,633,457
Inmarsat Finance PLC (United Kingdom), Term Loan (1 mo. Term SOFR + 4.50%)
 8.83%
09/27/2029
 
19,044
17,484,457
Level 3 Financing, Inc., Term Loan B (1 mo. Term SOFR + 4.25%)
 8.58%
03/30/2032
 
16,602
16,729,655
Lumen Technologies, Inc.
      
 
 
Term Loan B-1 (1 mo. Term SOFR + 2.46%)
 6.79%
04/15/2030
 
2
2,487
Term Loan B-2 (1 mo. Term SOFR + 2.46%)
 6.79%
04/15/2029
 
1,805
1,790,107
Midcontinent Communications, Term Loan B (1 mo. Term SOFR + 2.50%)
 6.83%
08/13/2031
 
308
308,390
MLN US HoldCo LLC (dba Mitel)
      
 
 
DIP Term Loan (1 mo. Term SOFR + 8.00%)(e)
12.33%
07/03/2025
 
10,320
8,823,352
DIP Term Loan (1 mo. Term SOFR + 8.00%)(e)
12.33%
07/31/2025
 
8,672
6,243,715
First Lien Term Loan B(h)(i)
 0.00%
11/30/2025
 
358
2,693
Revolver Loan(e)(h)(i)
 0.00%
11/18/2025
 
5,316
1,701,259
Second Lien Term Loan B(h)(i)
 0.00%
11/30/2026
 
924
6,950
Second Lien Term Loan B-1(e)(h)(i)
 0.00%
10/18/2027
 
23,470
118,526
Term Loan(e)(h)(i)
 0.00%
10/18/2027
 
2,050
656,015
Third Lien Term Loan(e)(h)(i)
 0.00%
10/18/2027
 
8,152
41,167
ViaSat, Inc.
      
 
 
Term Loan (1 mo. Term SOFR + 4.61%)
 8.94%
03/02/2029
 
8,470
8,042,627
Term Loan B (1 mo. Term SOFR + 4.61%)
 8.94%
05/30/2030
 
3,683
3,455,566
Voyage Digital (NC) Ltd. (New Zealand), Term Loan (3 mo. Term SOFR + 3.25%)(e)
 7.57%
05/11/2029
 
7,242
7,242,011
Windstream Services LLC, Term Loan B (1 mo. Term SOFR + 4.85%)(e)
 9.18%
09/25/2031
 
10,155
10,205,677
Zayo Group Holdings, Inc.
      
 
 
Incremental Term Loan (1 mo. Term SOFR + 4.25%)
 8.58%
03/09/2027
 
4,914
4,724,923
Term Loan (1 mo. Term SOFR + 3.11%)
 7.44%
03/09/2027
 
11,073
10,604,104
 
 
 
 
126,000,033
Utilities–2.98%
 
 
Alpha Generation LLC, Term Loan B (1 mo. Term SOFR + 2.54%)
 7.08%
09/30/2031
 
6,778
6,815,577
Calpine Corp., Term Loan B-10 (1 mo. Term SOFR + 1.75%)
 6.08%
01/31/2031
 
267
266,529
Cornerstone Generation LLC, Term Loan B(f)
     –
10/28/2031
 
9,028
9,082,120
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)
Eastern Power LLC, Term Loan (1 mo. Term SOFR + 5.25%)
 9.58%
04/03/2028
 
$7,011
$7,005,971
Edgewater Generation, Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
08/01/2030
 
3,180
3,198,173
Frontera Generation Holdings LLC
      
 
 
First Lien Term Loan (3 mo. Term SOFR + 13.26%)
(Acquired 07/28/2021; Cost $4,144,155)(e)(g)
17.59%
07/28/2026
 
4,165
6,122,520
Second Lien Term Loan (1 mo. Term SOFR + 1.76%)
(Acquired 07/28/2021; Cost $2,719,023)(g)
 6.09%
07/28/2028
 
4,043
3,931,410
Hamilton Projects Acquiror LLC, Term Loan B (1 mo. Term SOFR + 3.00%)
 7.33%
05/22/2031
 
2,412
2,424,802
KAMC Holdings, Inc. (Franklin Energy Group)
      
 
 
First Lien Term Loan B (3 mo. Term SOFR + 4.26%)
(Acquired 11/28/2022-05/06/2025; Cost $6,569,243)(g)
 8.59%
08/14/2026
 
6,975
6,695,252
Incremental Term Loan (3 mo. Term SOFR + 4.26%)(e)
 8.59%
08/14/2026
 
502
482,320
Lightning Power LLC, Term Loan B (3 mo. Term SOFR + 3.25%)
 6.55%
08/16/2031
 
10,854
10,882,027
Lightstone Holdco LLC
      
 
 
Term Loan B (3 mo. Term SOFR + 5.75%)
10.03%
01/29/2027
 
17,189
17,240,900
Term Loan C (3 mo. Term SOFR + 5.75%)
10.03%
01/29/2027
 
969
972,060
Talen Energy Supply LLC
      
 
 
Incremental Term Loan (3 mo. Term SOFR + 2.50%)
 6.81%
12/13/2031
 
3,404
3,413,658
Term Loan B (3 mo. Term SOFR + 2.50%)
 6.81%
05/17/2030
 
7,206
7,229,303
 
 
 
 
85,762,622
Total Variable Rate Senior Loan Interests (Cost $2,524,506,158)
2,399,117,532
 
 
 
Shares
 
Common Stocks & Other Equity Interests–6.06%(k)
Automotive–0.01%
 
 
Cabonline, Class D (Sweden)(e)
      
 
 
301,850,286
425,055
Cabonline, Class D1 (Sweden)(e)
      
 
 
10,623,352
1,114
Cabonline, Class D2 (Sweden)(e)
      
 
 
9,066,619
477
 
 
 
 
426,646
Business Equipment & Services–2.36%
 
 
Bloom Parent, Inc.(e)
      
 
 
3,285
3,108,607
Monitronics International, Inc. (Acquired 06/30/2023; Cost $8,930,896)(e)(g)
      
 
 
443,661
15,386,164
My Alarm Center LLC, Class A (Acquired 03/09/2021-05/17/2024;
Cost $14,582,747)(e)(g)(l)
      
 
 
162,068
49,422,681
 
 
 
 
67,917,452
Chemicals & Plastics–0.00%
 
 
Flint Group (ColourOz Inv), Class A (Germany)(e)
      
 
 
92,541
0
Containers & Glass Products–0.40%
 
 
Libbey Glass LLC (Acquired 11/13/2020-02/10/2022; Cost $3,769,108)(e)(g)(l)
      
 
 
864,916
11,633,120
Electronics & Electrical–0.11%
 
 
Internap Holding LLC(e)(l)
      
 
 
2,996,076
3,145,880
Mavenir Systems, Inc., Wts.(e)
      
 
 
1,710,612
2
RANGE RED OPER, Inc.(e)
      
 
 
2
0
Sandvine Corp. (Acquired 06/28/2024; Cost $0)(e)(g)
      
 
 
30,037
0
 
 
 
 
3,145,882
Forest Products–0.55%
 
 
Restoration Forest Products Group LLC(e)(l)
      
 
 
175,329
15,921,606
Home Furnishings–0.13%
 
 
Serta Simmons Bedding LLC
      
 
 
347,996
3,653,958
Industrial Equipment–0.03%
 
 
North American Lifting Holdings, Inc.(l)
      
 
 
679,193
785,147
Leisure Goods, Activities & Movies–0.66%
 
 
Crown Finance US, Inc.
      
 
 
629,533
14,636,643
Crown Finance US, Inc.
      
 
 
3,275
76,144
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
 
 
 
Shares
Value
Leisure Goods, Activities & Movies–(continued)
Hurtigruten Group AS (Norway)
      
 
 
145,586
$3,803,408
Hurtigruten Norway (Norway)(e)
      
 
 
29,323
335,821
Vue International Bidco PLC, Class A1 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(e)(g)
      
 
 
9,989
0
Vue International Bidco PLC, Class A2 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(e)(g)
      
 
 
4,919,597
6
Vue International Bidco PLC, Class A3 (Acquired 02/20/2024; Cost $0) (United
Kingdom)(e)(g)
      
 
 
3,062,309
3
Vue International Bidco PLC, Class A4 (United Kingdom)(e)(g)
      
 
 
2,134,862
2
 
 
 
 
18,852,027
Lodging & Casinos–0.23%
 
 
Aimbridge Acquisition Co., Inc.(e)
      
 
 
106,385
6,595,870
Nonferrous Metals & Minerals–0.45%
 
 
Murray Energy Corp.
      
 
 
175,987
12,880,048
Oil & Gas–0.72%
 
 
McDermott International Ltd.(m)
      
 
 
442,728
6,419,553
Sabine Oil & Gas Holdings, Inc. (Acquired 01/16/2013-03/12/2021;
Cost $18,267,226)(e)(g)(m)
      
 
 
18,025
1,262
Seadrill Ltd. (Norway)(m)
      
 
 
1
23
Talos Energy, Inc.(m)
      
 
 
593,532
4,771,997
Tribune Resources LLC(l)
      
 
 
5,811,199
9,370,559
 
 
 
 
20,563,394
Surface Transport–0.22%
 
 
Commercial Barge Line Co. (Acquired 01/31/2020-02/06/2020;
Cost $1,838,610)(e)(g)
      
 
 
35,397
2,882,023
Commercial Barge Line Co., Series B, Wts., expiring 04/30/2045 (Acquired
02/23/2024-05/20/2025; Cost $312,859)(e)(g)(l)
      
 
 
600,690
375,431
Commercial Barge Line Co., Wts., expiring 04/27/2045 (Acquired
01/31/2020-08/25/2020; Cost $1,932,877)(e)(g)(l)
      
 
 
37,211
3,029,720
 
 
 
 
6,287,174
Telecommunications–0.09%
 
 
Avaya Holdings Corp. (Acquired 05/01/2023; Cost $4,295,205)(g)
      
 
 
286,347
2,195,279
Avaya, Inc. (Acquired 05/01/2023; Cost $778,995)(g)
      
 
 
51,933
398,145
 
 
 
 
2,593,424
Utilities–0.10%
 
 
Frontera Generation Holdings LLC (Acquired 07/28/2021-11/30/2021;
Cost $1,035,881)(e)(g)(l)
      
 
 
295,967
2,950,791
Total Common Stocks & Other Equity Interests (Cost $177,114,013)
174,206,539
 
Interest
Rate
Maturity
Date

Principal
Amount
(000)(a)
 
U.S. Dollar Denominated Bonds & Notes–4.28%
Aerospace & Defense–0.24%
 
 
Rand Parent LLC (n)
 8.50%
02/15/2030
 
$7,074
6,976,698
Automotive–0.03%
 
 
Clarios Global L.P./Clarios US Finance Co. (n)
 6.75%
02/15/2030
 
719
732,844
Building & Development–0.57%
 
 
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC (n)
 5.75%
05/15/2026
 
4,527
4,487,712
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC(n)
 4.50%
04/01/2027
 
6,067
5,896,755
Miter Brands Acquisition Holdco, Inc./MIWD Borrower LLC(n)
 6.75%
04/01/2032
 
911
918,427
Quikrete Holdings, Inc.(n)
 6.38%
03/01/2032
 
232
235,917
QXO Building Products, Inc.(n)
 6.75%
04/30/2032
 
2,111
2,169,791
Signal Parent, Inc.(n)
 6.13%
04/01/2029
 
6,686
2,741,260
 
 
 
 
16,449,862
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–0.69%
 
 
Acuris Finance US, Inc./Acuris Finance S.a.r.l. (n)
 9.00%
08/01/2029
 
$10,162
$10,393,185
Allied Universal Holdco LLC(n)
 7.88%
02/15/2031
 
6,739
6,988,606
Boost Newco Borrower LLC(n)
 7.50%
01/15/2031
 
2,313
2,448,736
 
 
 
 
19,830,527
Cable & Satellite Television–0.75%
 
 
Altice Financing S.A. (Luxembourg) (n)
 5.75%
08/15/2029
 
1,414
1,081,947
Altice Financing S.A. (Luxembourg)(n)
 5.00%
01/15/2028
 
18,761
14,706,982
Altice France S.A. (France)(n)
 5.50%
10/15/2029
 
6,838
5,815,040
 
 
 
 
21,603,969
Chemicals & Plastics–0.43%
 
 
Clydesdale Acquisition Holdings, Inc. (n)
 6.75%
04/15/2032
 
256
258,900
SK Invictus Intermediate II S.a.r.l.(n)
 5.00%
10/30/2029
 
10,605
10,084,698
Windsor Holdings III LLC(n)
 8.50%
06/15/2030
 
1,984
2,101,784
 
 
 
 
12,445,382
Electronics & Electrical–0.04%
 
 
Diebold Nixdorf, Inc. (n)
 7.75%
03/31/2030
 
1,031
1,086,269
Financial Intermediaries–0.12%
 
 
Virgin Media Secured Finance PLC (United Kingdom) (n)
 4.50%
08/15/2030
 
3,741
3,457,247
Food Products–0.32%
 
 
Sigma Holdco B.V. (Netherlands) (n)
 7.88%
05/15/2026
 
200
198,999
Viking Baked Goods Acquisition Corp.(n)
 8.63%
11/01/2031
 
9,476
8,957,664
 
 
 
 
9,156,663
Health Care–0.27%
 
 
Global Medical Response, Inc., 1.25% PIK Rate, 8.75% Cash Rate (j)(n)
 1.25%
10/31/2028
 
2,229
2,233,788
Opal Bidco SAS (France)(n)
 6.50%
03/31/2032
 
1,912
1,911,685
Organon & Co./Organon Foreign Debt Co-Issuer B.V.(n)
 6.75%
05/15/2034
 
2,479
2,309,345
Raven Acquisition Holdings LLC(n)
 6.88%
11/15/2031
 
1,238
1,235,476
 
 
 
 
7,690,294
Industrial Equipment–0.10%
 
 
Arsenal AIC Parent LLC (n)
 8.00%
10/01/2030
 
163
171,375
Chart Industries, Inc.(n)
 7.50%
01/01/2030
 
669
699,139
EMRLD Borrower L.P./Emerald Co-Issuer, Inc.(n)
 6.63%
12/15/2030
 
1,966
1,988,341
 
 
 
 
2,858,855
Insurance–0.48%
 
 
Acrisure LLC/Acrisure Finance, Inc. (n)
 7.50%
11/06/2030
 
909
938,587
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer(n)
 6.50%
10/01/2031
 
1,707
1,722,798
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer(n)
 7.00%
01/15/2031
 
3,408
3,487,982
HUB International Ltd.(n)
 7.25%
06/15/2030
 
1,857
1,935,081
Panther Escrow Issuer LLC(n)
 7.13%
06/01/2031
 
5,520
5,713,912
 
 
 
 
13,798,360
Publishing–0.02%
 
 
McGraw-Hill Education, Inc. (n)
 7.38%
09/01/2031
 
660
679,523
Retailers (except Food & Drug)–0.09%
 
 
Evergreen Acqco 1 L.P./TVI, Inc. (n)
 9.75%
04/26/2028
 
2,418
2,533,051
Telecommunications–0.13%
 
 
Windstream Services LLC/Windstream Escrow Finance Corp. (n)
 8.25%
10/01/2031
 
3,508
3,653,498
Total U.S. Dollar Denominated Bonds & Notes (Cost $127,488,406)
122,953,042
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
Non-U.S. Dollar Denominated Bonds & Notes–3.14%(o)
Air Transport–0.29%
 
 
SGL Group ApS (Denmark) (3 mo. EURIBOR + 4.25%)
 6.78%
02/24/3031
EUR
3,396
$3,792,111
SGL Group ApS (Denmark) (3 mo. EURIBOR + 4.75%)(p)
 7.01%
04/22/2030
EUR
4,174
4,686,889
 
 
 
 
8,479,000
Automotive–0.15%
 
 
Cabonline Group Holding AB (Sweden) (Acquired 10/13/2023; Cost $789,499)(g)(n)
10.00%
03/19/2028
SEK
9,067
910,260
Cabonline Group Holding AB (Sweden) (Acquired 10/12/2023; Cost $1,648,768)(g)(n)
12.00%
03/19/2028
SEK
18,133
1,820,521
Cabonline Group Holding AB (Sweden) (Acquired 03/24/2022; Cost $3,724,562)(g)(i)(n)
 0.00%
04/19/2029
SEK
35,057
1,645,537
 
 
 
 
4,376,318
Building & Development–0.02%
 
 
HX Hold Co. Ltd. (Norway)
 7.00%
02/12/2030
EUR
499
524,378
Business Equipment & Services–0.05%
 
 
Pachelbel Bidco S.p.A. (Italy) (3 mo. EURIBOR + 4.25%)(n)(p)
 6.44%
05/17/2031
EUR
1,136
1,300,419
Electronics & Electrical–0.06%
 
 
Castor S.p.A. (Italy) (3 mo. EURIBOR + 5.25%)(n)(p)
 7.75%
02/15/2029
EUR
1,639
1,806,568
Financial Intermediaries–1.17%
 
 
AnaCap (AFE S.A. SICAV-RAIF) (Italy) (3 mo. EURIBOR + 7.50%) (Acquired
04/01/2021-11/24/2021; Cost $15,511,077)(g)(n)(p)
 9.68%
07/15/2030
EUR
13,583
8,077,701
AnaCap (AFE S.A. SICAV-RAIF) (Italy) (3 mo. EURIBOR + 7.50%) (Acquired 10/14/2024;
Cost $592,779)(g)(n)(p)
 9.68%
07/15/2030
EUR
1,000
594,692
Garfunkelux Holdco 3 S.A. (Luxembourg) (Acquired 10/23/2020-08/09/2022;
Cost $2,142,677)(g)(n)
 6.75%
11/01/2025
EUR
2,100
1,681,779
Garfunkelux Holdco 3 S.A. (Luxembourg) (3 mo. EURIBOR + 6.25%) (Acquired
03/22/2022-05/10/2022; Cost $9,902,047)(g)(n)(p)
 8.43%
05/01/2026
EUR
9,341
7,493,603
Garfunkelux Holdco 3 S.A. (Luxembourg) (Acquired 06/30/2022-11/14/2023;
Cost $4,090,836)(g)(n)
 6.75%
11/01/2025
EUR
4,000
3,203,389
Sherwood Financing PLC (United Kingdom) (3 mo. EURIBOR + 5.50%)(n)(p)
 8.00%
12/15/2029
EUR
9,600
10,915,309
Sherwood Financing PLC (United Kingdom) (3 mo. EURIBOR + 5.50%)(n)(p)
 8.00%
12/15/2029
EUR
1,400
1,591,816
 
 
 
 
33,558,289
Food Service–0.29%
 
 
Selecta Group B.V. 10.00% PIK Rate, 9.25% Cash Rate (Switzerland)(e)(j)(n)
10.00%
07/01/2026
EUR
8,235
8,321,828
Home Furnishings–0.66%
 
 
Very Group Funding PLC (The) (United Kingdom)(n)
 6.50%
08/01/2026
GBP
14,141
19,097,046
Industrial Equipment–0.06%
 
 
Summer (BC) Holdco B S.a.r.l. (Luxembourg) (3 mo. EURIBOR + 4.25%)(n)(p)
 6.39%
02/15/2030
EUR
1,537
1,723,158
Surface Transport–0.39%
 
 
APCOA Group GmbH (Germany) (3 mo. EURIBOR + 4.13%)(p)
 6.40%
04/15/2031
EUR
1,000
1,141,601
Zenith Finco PLC (United Kingdom) (Acquired 01/20/2022-03/23/2022;
Cost $11,964,652)(g)(n)
 6.50%
06/30/2027
GBP
9,042
9,229,486
Zenith Finco PLC (United Kingdom) (Acquired 08/30/2022; Cost $800,513)(g)(n)
 6.50%
06/30/2027
GBP
752
767,593
 
 
 
 
11,138,680
Total Non-U.S. Dollar Denominated Bonds & Notes (Cost $105,439,574)
90,325,684
Asset-Backed Securities–0.71%
Structured Products–0.71%
 
 
AGL CLO 1 Ltd., Series 2019-1A, Class ERR (Cayman Islands) (3 mo. Term SOFR + 6.50%)
(n)(p)
10.77%
10/20/2034
 
$1,675
1,637,546
AGL CLO 12 Ltd., Series 2021-12A, Class E (Cayman Islands) (3 mo. Term SOFR +
6.41%)(n)(p)
10.68%
07/20/2034
 
2,575
2,558,131
Ballyrock CLO 19 Ltd., Series 2022-19A, Class D (3 mo. Term SOFR + 7.11%)(n)(p)
11.38%
04/20/2035
 
4,175
4,154,025
CIFC Funding Ltd., Series 2014-4RA, Class DRR (Cayman Islands) (3 mo. Term SOFR +
5.80%)(n)(p)
10.08%
01/17/2035
 
1,250
1,213,036
Empower CLO Ltd., Series 2023-1A, Class ER (Cayman Islands) (3 mo. Term SOFR +
7.34%)(n)(p)
11.65%
04/25/2038
 
3,500
3,613,477
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
Structured Products–(continued)
Empower CLO Ltd., Series 2023-2A, Class E (Cayman Islands) (3 mo. Term SOFR +
8.25%)(n)(p)
12.51%
07/15/2036
 
$2,000
$2,027,732
Rad CLO 19 Ltd., Series 2023-19A, Class D2R (Cayman Islands) (3 mo. Term SOFR +
5.00%)(n)
 9.30%
03/20/2038
 
3,000
3,008,763
Regatta XIV Funding Ltd., Series 2018-3A, Class E (Cayman Islands) (3 mo. Term SOFR +
6.21%)(n)(p)
10.49%
10/25/2031
 
2,200
2,167,902
Total Asset-Backed Securities (Cost $20,156,732)
20,380,612
 
 
 
Shares
 
Preferred Stocks–0.70%(k)
Oil & Gas–0.00%
 
 
Southcross Energy Partners L.P., Pfd.(e)
      
 
 
11,609,066
68,494
Surface Transport–0.70%
 
 
Commercial Barge Line Co., Series B, Pfd.(e)
      
 
 
142,554
11,756,428
Commercial Barge Line Co., Series B, Pfd.,Wts., expiring 04/27/2045 (Acquired
02/05/2020-02/17/2021; Cost $2,380,533)(e)(g)(l)
      
 
 
100,115
8,256,484
 
 
 
 
20,012,912
Total Preferred Stocks (Cost $17,377,252)
20,081,406
 
Money Market Funds–3.64%
Invesco Government & Agency Portfolio,Institutional Class, 4.24%(l)(q)
 
62,729,133
62,729,133
Invesco Treasury Portfolio,Institutional Class, 4.22%(l)(q)
 
41,817,523
41,817,523
Total Money Market Funds (Cost $104,546,656)
104,546,656
TOTAL INVESTMENTS IN SECURITIES–102.02% (Cost $3,076,628,791)
2,931,611,471
OTHER ASSETS LESS LIABILITIES–(2.02)%
(58,007,983
)
NET ASSETS–100.00%
$2,873,603,488
Investment Abbreviations: 
DIP
– Debtor-in-Possession
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
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
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)
All or a portion of this holding is subject to unfunded loan commitments. Interest rate will be determined at the time of funding.
(e)
Security valued using significant unobservable inputs (Level 3). See Note 1.
(f)
This variable rate interest will settle after May 31, 2025, at which time the interest rate will be determined.
(g)
Restricted security. The aggregate value of these securities at May 31, 2025 was $270,104,674, which represented 9.40% of the Fund’s Net Assets.
(h)
The borrower has filed for protection in federal bankruptcy court.
(i)
Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at May 31, 2025
was $10,764,895, which represented less than 1% of the Fund’s Net Assets.
(j)
All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.
(k)
Securities acquired through the restructuring of senior loans.
(l)
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 nine months ended May 31, 2025.
 
 
Value
August 31, 2024
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain
(Loss)
Value
May 31, 2025
Dividend Income
Investments in Affiliated Money Market
Funds:
Invesco Government & Agency Portfolio,
Institutional Class
$45,562,551
$429,455,713
$(412,289,131)
$-
$-
$62,729,133
$1,109,073
Invesco Treasury Portfolio, Institutional Class
30,373,136
286,303,808
(274,859,421)
-
-
41,817,523
897,368
Investments in Other Affiliates:
Commercial Barge Line Co., Wts., expiring
04/27/2045
3,514,207
-
-
(484,487)
-
3,029,720
-
Commercial Barge Line Co., Series B,
Pfd.,Wts., expiring 04/27/2045
9,748,198
-
-
(1,491,714)
-
8,256,484
187,716
Commercial Barge Line Co., Series B, Wts.,
expiring 04/30/2045
187,716
187,715
-
-
-
375,431
-
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
-
-
(2)
-
-
-
Internap Holding LLC
3,145,880
-
-
-
-
3,145,880
-
Libbey Glass LLC
13,051,583
-
-
(1,418,463)
-
11,633,120
-
My Alarm Center LLC, Class A
38,235,117
-
-
11,187,564
-
49,422,681
-
North American Lifting Holdings, Inc.
1,103,689
-
-
(318,542)
-
785,147
-
Restoration Forest Products Group LLC
21,102,429
2,862,843
-
(8,043,666)
-
15,921,606
-
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
-
-
1,478,951
-
9,370,559
1,220,352
Total
$181,612,443
$718,810,079
$(693,579,482)
$35,336,272
$(32,672,744)
$209,506,568
$3,414,509
 
*
As of August 31, 2024, this security was not considered as an affiliate of the Fund.
 
(m)
Non-income producing security.
(n)
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 May 31, 2025 was $223,514,359, which
represented 7.78% of the Fund’s Net Assets.
(o)
Foreign denominated security. Principal amount is denominated in the currency indicated.
(p)
Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2025.
(q)
The rate shown is the 7-day SEC standardized yield as of May 31, 2025.
 
See accompanying notes which are an integral part of this schedule.
Invesco Senior Floating Rate Fund
Open Forward Foreign Currency Contracts
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
Currency Risk
 
 
 
06/30/2025
Barclays Bank PLC
USD
4,998,405
EUR
4,500,000
$119,976
06/30/2025
Barclays Bank PLC
USD
79,496
SEK
762,100
126
07/31/2025
Barclays Bank PLC
EUR
1,000,000
USD
1,141,398
1,630
06/30/2025
BNP Paribas S.A.
EUR
78,169,749
USD
89,297,908
386,233
07/31/2025
BNP Paribas S.A.
EUR
76,906,357
USD
87,678,877
23,478
07/31/2025
BNP Paribas S.A.
GBP
9,533,435
USD
12,883,340
35,277
07/31/2025
Canadian Imperial Bank of Commerce
EUR
78,071,605
USD
89,070,333
86,822
07/31/2025
Canadian Imperial Bank of Commerce
GBP
9,677,880
USD
13,074,332
31,602
07/31/2025
Canadian Imperial Bank of Commerce
SEK
49,581,580
USD
5,216,315
25,858
06/30/2025
Morgan Stanley and Co. International PLC
EUR
78,390,354
USD
89,534,072
371,475
07/31/2025
Morgan Stanley and Co. International PLC
GBP
237,190
USD
320,211
553
07/31/2025
Royal Bank of Canada
EUR
78,071,605
USD
88,991,871
8,360
06/30/2025
State Street Bank & Trust Co.
EUR
78,169,749
USD
89,236,240
324,565
06/30/2025
State Street Bank & Trust Co.
USD
5,117,115
EUR
4,500,000
1,266
07/31/2025
State Street Bank & Trust Co.
GBP
9,677,880
USD
13,086,283
43,552
Subtotal—Appreciation
1,460,773
Currency Risk
 
 
 
06/30/2025
Barclays Bank PLC
EUR
2,819,715
USD
3,149,311
(57,884
)
06/30/2025
Barclays Bank PLC
GBP
9,945,243
USD
13,254,946
(146,469
)
06/30/2025
BNP Paribas S.A.
EUR
4,500,000
USD
5,048,958
(69,422
)
06/30/2025
BNP Paribas S.A.
USD
87,496,224
EUR
76,906,357
(21,553
)
06/30/2025
BNP Paribas S.A.
USD
12,881,583
GBP
9,533,434
(35,089
)
06/30/2025
Canadian Imperial Bank of Commerce
GBP
150,142
USD
200,057
(2,263
)
06/30/2025
Canadian Imperial Bank of Commerce
USD
88,884,522
EUR
78,071,605
(84,477
)
06/30/2025
Canadian Imperial Bank of Commerce
USD
13,072,593
GBP
9,677,880
(31,456
)
06/30/2025
Canadian Imperial Bank of Commerce
USD
5,191,626
SEK
49,444,238
(25,817
)
07/31/2025
Canadian Imperial Bank of Commerce
EUR
1,204,008
USD
1,371,469
(821
)
06/30/2025
Goldman Sachs International
SEK
147,111
USD
15,257
(113
)
06/30/2025
Morgan Stanley and Co. International PLC
GBP
9,396,905
USD
12,518,983
(143,534
)
06/30/2025
Royal Bank of Canada
SEK
50,059,226
USD
5,196,440
(33,622
)
06/30/2025
Royal Bank of Canada
USD
88,806,451
EUR
78,071,605
(6,406
)
06/30/2025
State Street Bank & Trust Co.
GBP
9,396,905
USD
12,513,114
(149,404
)
06/30/2025
State Street Bank & Trust Co.
USD
13,084,543
GBP
9,677,880
(43,405
)
Subtotal—Depreciation
(851,735
)
Total Forward Foreign Currency Contracts
$609,038
 
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
May 31, 2025
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s (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 May 31, 2025. 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
$—
$2,137,907,074
$261,210,458
$2,399,117,532
Common Stocks & Other Equity Interests
11,191,573
47,799,331
115,215,635
174,206,539
U.S. Dollar Denominated Bonds & Notes
—
122,953,042
—
122,953,042
Non-U.S. Dollar Denominated Bonds & Notes
—
82,003,856
8,321,828
90,325,684
Asset-Backed Securities
—
20,380,612
—
20,380,612
Preferred Stocks
—
—
20,081,406
20,081,406
Money Market Funds
104,546,656
—
—
104,546,656
Total Investments in Securities
115,738,229
2,411,043,915
404,829,327
2,931,611,471
Other Investments - Assets*
Forward Foreign Currency Contracts
—
1,460,773
—
1,460,773
Other Investments - Liabilities*
Forward Foreign Currency Contracts
—
(851,735
)
—
(851,735
)
Total Other Investments
—
609,038
—
609,038
Total Investments
$115,738,229
$2,411,652,953
$404,829,327
$2,932,220,509
 
*
Unrealized appreciation (depreciation).
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 nine months ended May 31, 2025: 
 
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
05/31/25
Variable Rate Senior Loan Interests
$190,816,267
$122,640,413
$(53,072,315
)
$5,169,200
$(14,780,824
)
$(18,649,477
)
$81,051,059
$(51,963,865
)
$261,210,458
Common Stocks & Other Equity
Interests
94,334,115
10,231,545
(6,825,863
)
—
(32,672,743
)
40,720,785
9,427,796
—
115,215,635
Preferred Stocks
24,849,979
—
—
—
—
(4,768,573
)
—
—
20,081,406
Non-U.S. Dollar Denominated Bonds
& Notes
221,602
7,958,806
(219,386
)
318,699
219,386
(177,279
)
—
—
8,321,828
Total
$310,221,963
$140,830,764
$(60,117,564
)
$5,487,899
$(47,234,181
)
$17,125,456
$90,478,855
$(51,963,865
)
$404,829,327
 
*
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.
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 05/31/25
Valuation
Technique
Unobservable
Inputs
Range of
Unobservable
Inputs
Weighted Average of
Unobservable Inputs
Based on Fair Value
Variable Rate Senior Loan Interests
$261,210,458
Discounted Cash Flow Model
Discount Rate
10.58% - 12.86%
11.37%
 
Expected Recovery
Anticipated Proceeds
0.00% of Par - 77.00% of Par
59.52% of Par
 
Third-Party Pricing
Broker Quote
44.50% of Par - 100.50% of Par
94.19% of Par
Common Stocks & Other Equity
Interests
115,215,635
Comparable Companies
EBITDA Multiple
5.50x
-
 
Discounted Cash Flow Model
Discount Rate
10.70%
-
 
EBITDA Multiple
8.40x
-
Preferred Stocks
20,081,406
Comparable Companies
EBITDA Multiple
8.50x
-
Non-U.S. Dollar Denominated
Bonds & Notes
8,321,828
Expected Recovery
Anticipated Proceeds
89.00% of Par
-
Total
$404,829,327
Invesco Senior Floating Rate Fund