NPORT-EX 2 edgar.htm EDGAR HTML
Schedule of Investments  
March 31, 2026
(Unaudited) 
Invesco Active Allocation Fund
Schedule of Investments in Affiliated Issuers–99.85%(a)
 
% of
Net
Assets
03/31/26
Value
12/31/25
Purchases
at Cost
Proceeds
from Sales
Change in
Unrealized
Appreciation
(Depreciation)
Realized
Gain (Loss)
Dividend
Income
Shares
03/31/26
Value
03/31/26
Alternative Funds–0.14%
Invesco Dynamic Credit Opportunity Fund,
Class R6
0.14
%
$2,747,267
$69,578
$—
$(90,528
)
$—
$69,599
271,816
$2,726,317
Invesco Global Real Estate Income Fund,
Class R6
—
38,858,999
—
(42,219,159
)
(2,113,243
)
5,473,403
—
—
—
Total Alternative Funds
41,606,266
69,578
(42,219,159
)
(2,203,771
)
5,473,403
69,599
2,726,317
Domestic Equity Funds–42.46%
Invesco Discovery Mid Cap Growth Fund,
Class R6
1.52
%
126,737,758
—
(108,855,651
)
(21,287,082
)
32,432,498
—
813,096
29,027,523
Invesco Main Street Small Cap Fund, Class R6
3.90
%
123,453,598
—
(51,471,762
)
(15,694,762
)
18,330,357
—
3,340,082
74,617,431
Invesco NASDAQ 100 ETF
8.77
%
250,110,059
—
(69,627,254
)
(30,868,580
)
18,079,199
231,258
705,721
167,693,424
Invesco Russell 1000® Dynamic Multifactor
ETF
11.81
%
275,625,878
—
(46,612,143
)
(12,067,118
)
9,005,625
548,757
3,758,354
225,952,242
Invesco S&P 500 Revenue ETF(b)
14.96
%
226,695,917
62,679,310
(1,434,068
)
(1,678,004
)
(36,019
)
1,061,962
2,490,881
286,227,136
Invesco Value Opportunities Fund, Class R6
1.50
%
102,932,769
—
(83,943,216
)
(14,934,298
)
24,734,941
—
1,132,580
28,790,196
Total Domestic Equity Funds
1,105,555,979
62,679,310
(361,944,094
)
(96,529,844
)
102,546,601
1,841,977
812,307,952
Fixed Income Funds–20.35%
Invesco Core Bond Fund, Class R6
5.38
%
182,765,862
1,589,480
(80,723,313
)
(2,734,041
)
1,984,784
1,589,478
18,241,626
102,882,772
Invesco Core Plus Bond Fund, Class R6
2.90
%
98,411,604
903,110
(43,460,903
)
9,657,917
(10,011,694
)
903,110
6,019,527
55,500,034
Invesco Emerging Markets Sovereign Debt
ETF(b)
1.00
%
6,944,326
13,064,913
—
(941,876
)
—
222,455
912,314
19,067,363
Invesco Equal Weight 0-30 Year Treasury ETF
4.19
%
—
82,360,971
—
(2,263,953
)
—
428,961
2,936,140
80,097,018
Invesco Floating Rate ESG Fund, Class R6
1.25
%
18,564,935
5,815,586
—
(484,879
)
—
402,031
3,792,959
23,895,642
Invesco High Yield Fund, Class R6
1.74
%
28,205,925
5,841,114
—
(742,737
)
—
519,023
9,542,780
33,304,302
Invesco Short Term Treasury ETF
2.39
%
—
47,350,229
(1,432,929
)
(104,168
)
(949
)
273,080
434,033
45,812,183
Invesco Variable Rate Investment Grade ETF
1.50
%
29,368,783
—
(550,023
)
(72,886
)
(437
)
334,794
1,148,210
28,745,437
Total Fixed Income Funds
364,261,435
156,925,403
(126,167,168
)
2,313,377
(8,028,296
)
4,672,932
389,304,751
International and Global Equity Funds–36.30%
Invesco Developing Markets Fund, Class R6
4.82
%
45,909,501
52,265,781
(4,374,218
)
(447,753
)
(1,207,709
)
—
2,631,228
92,145,602
Invesco Global Fund, Class R6
11.50
%
158,865,737
81,245,833
—
(19,983,034
)
—
—
2,712,947
220,128,536
Invesco International Developed Dynamic
Multifactor ETF(b)
6.77
%
61,629,790
69,885,105
(1,767,053
)
(340,491
)
63,687
1,214,834
4,092,005
129,471,038
Invesco International Growth Fund, Class R6
0.00
%
28,238,045
—
(28,428,070
)
7,152,854
(6,962,813
)
—
1
16
Invesco International Small-Mid Company
Fund, Class R6
6.84
%
83,424,823
54,344,361
—
(6,858,876
)
—
—
3,870,795
130,910,308
Invesco RAFI Developed Markets ex-U.S. ETF(b)
6.37
%
71,143,198
51,888,977
(3,494,678
)
1,173,063
1,086,835
852,634
1,742,452
121,797,395
Total International and Global Equity Funds
449,211,094
309,630,057
(38,064,019
)
(19,304,237
)
(7,020,000
)
2,067,468
694,452,895
Money Market Funds–0.60%
Invesco Government & Agency Portfolio,
Institutional Class, 3.58%(c)
0.21
%
3,530,628
15,671,089
(15,195,672
)
—
—
24,288
4,006,047
4,006,045
Invesco Treasury Portfolio, Institutional Class,
3.56%(c)
0.39
%
6,556,766
29,103,452
(28,220,534
)
—
—
44,745
7,439,684
7,439,684
Total Money Market Funds
10,087,394
44,774,541
(43,416,206
)
—
—
69,033
11,445,729
TOTAL INVESTMENTS IN AFFILIATED ISSUERS
(excluding investments purchased with
cash collateral from securities on loan)
(Cost $1,625,334,052)
99.85
%
1,970,722,168
574,078,889
(611,810,646
)
(115,724,475
)
92,971,708
8,721,009
1,910,237,644
 
Investments Purchased with
Cash Collateral from
Securities on Loan
 
 
 
 
 
 
 
 
 
Money Market Funds–0.62%
Invesco Private Government Fund, 3.63%(c)(d)
0.17
%
16,833,203
39,377,076
(52,892,446
)
—
—
27,999
(e)
3,317,833
3,317,833
Invesco Private Prime Fund, 3.80%(c)(d)
0.45
%
44,031,288
86,242,178
(121,676,219
)
—
(2,001
)
72,413
(e)
8,594,387
8,595,246
Total Investments Purchased with Cash
Collateral from Securities on Loan
(Cost $11,913,079)
0.62
%
60,864,491
125,619,254
(174,568,665
)
—
(2,001
)
100,412
11,913,079
TOTAL INVESTMENTS IN AFFILIATED ISSUERS
(Cost $1,637,247,131) 
100.47
%
$2,031,586,659
$699,698,143
$(786,379,311
)
$(115,724,475
)
$92,969,707
$8,821,421
$1,922,150,723
OTHER ASSETS LESS LIABILITIES
(0.47
)%
(8,953,492
)
NET ASSETS
100.00
%
$1,913,197,231
See accompanying notes which are an integral part of this schedule.
Invesco Active Allocation Fund
Investment Abbreviations: 
ETF -
Exchange-Traded Fund
Notes to Schedule of Investments: 
(a)
Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s
investment adviser.
(b)
All or a portion of this security was out on loan at March 31, 2026.
(c)
The rate shown is the 7-day SEC standardized yield as of March 31, 2026.
(d)
The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of
the securities loaned.
(e)
Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers,
if any.
 
Open Futures Contracts
Long Futures Contracts
Number of
Contracts
Expiration
Month
Notional
Value
Value
Unrealized
Appreciation
(Depreciation)
Equity Risk
E-Mini S&P 500 Index
61
June-2026
$20,040,787
$(350,442
)
$(350,442
)
MSCI Emerging Markets Index
56
June-2026
4,072,880
(104,248
)
(104,248
)
Nikkei 225 Index
6
June-2026
1,934,155
(61,627
)
(61,627
)
S&P/TSX 60 Index
4
June-2026
1,097,146
9,115
9,115
SPI 200 Index
6
June-2026
881,032
(15,329
)
(15,329
)
STOXX Europe 600 Index
137
June-2026
4,573,983
(117,223
)
(117,223
)
Subtotal—Long Futures Contracts
(639,754
)
(639,754
)
Short Futures Contracts
 
 
 
 
 
Interest Rate Risk
U.S. Treasury 10 Year Notes
516
June-2026
(57,300,188
)
1,168,201
1,168,201
Total Futures Contracts
$528,447
$528,447
 
Open Forward Foreign Currency Contracts
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
Currency Risk
 
 
 
06/17/2026
BNP Paribas S.A.
KRW
24,884,550,000
USD
16,891,515
$313,420
06/17/2026
BNP Paribas S.A.
PHP
123,810,000
USD
2,074,321
40,915
06/17/2026
Deutsche Bank AG
MXN
147,135,000
USD
8,216,023
57,173
06/02/2026
Goldman Sachs International
USD
5,787,625
BRL
30,865,000
92,991
06/17/2026
Goldman Sachs International
USD
7,786,898
COP
29,788,000,000
189,700
06/17/2026
Goldman Sachs International
ZAR
64,665,000
USD
3,834,499
34,890
06/17/2026
J.P. Morgan Chase Bank, N.A.
ILS
1,300,000
USD
419,853
5,460
06/17/2026
J.P. Morgan Chase Bank, N.A.
SEK
96,730,000
USD
10,542,188
285,030
06/17/2026
Merrill Lynch International
CLP
4,770,300,000
USD
5,175,770
22,227
06/17/2026
Morgan Stanley and Co. International PLC
CZK
154,755,000
USD
7,337,417
43,153
06/17/2026
Standard Chartered Bank PLC
THB
107,330,000
USD
3,367,216
92,713
06/17/2026
UBS AG
NZD
11,925,000
USD
7,077,332
206,317
Subtotal—Appreciation
1,383,989
Currency Risk
 
 
 
06/18/2026
Barclays Bank PLC
USD
3,154,350
MYR
12,460,000
(69,948
)
06/17/2026
BNP Paribas S.A.
USD
1,328,808
CHF
1,025,000
(36,231
)
06/17/2026
BNP Paribas S.A.
USD
2,347,887
GBP
1,756,000
(24,168
)
06/17/2026
BNP Paribas S.A.
USD
9,585,324
SGD
12,175,000
(65,345
)
06/17/2026
Deutsche Bank AG
USD
9,211,203
INR
859,175,000
(150,429
)
06/17/2026
Goldman Sachs International
HUF
6,610,000
USD
19,242
(532
)
06/17/2026
Goldman Sachs International
USD
82,929
PLN
306,000
(520
)
See accompanying notes which are an integral part of this schedule.
Invesco Active Allocation Fund
Open Forward Foreign Currency Contracts—(continued)
Settlement
Date
Counterparty
Contract to
Unrealized
Appreciation
(Depreciation)
Deliver
Receive
06/17/2026
Goldman Sachs International
USD
2,302,850
TWD
73,530,000
$(14,797
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
4,437,778
AUD
6,330,000
(75,243
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
27,982,561
CAD
37,805,000
(715,736
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
52,941
DKK
340,000
(144
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
29,070,916
EUR
25,011,000
(61,488
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
3,870,024
HKD
30,125,000
(12,849
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
5,787,411
JPY
909,540,000
(19,827
)
06/17/2026
J.P. Morgan Chase Bank, N.A.
USD
8,078,146
NOK
77,970,000
(30,316
)
06/17/2026
Merrill Lynch International
CNY
32,025,000
USD
4,659,537
(1,492
)
06/17/2026
Merrill Lynch International
USD
2,684,417
IDR
45,667,300,000
(158
)
06/02/2026
UBS AG
BRL
19,025,000
USD
3,578,066
(46,711
)
Subtotal—Depreciation
(1,325,934
)
Total Forward Foreign Currency Contracts
$58,055
 
Open Centrally Cleared Credit Default Swap Agreements
Reference Entity
Buy/Sell
Protection
(Pay)/
Receive
Fixed
Rate
Payment
Frequency
Maturity Date
Implied
Credit
Spread(a)
Notional Value
Upfront
Payments Paid
(Received)
Value
Unrealized
Appreciation
(Depreciation)
Credit Risk
Markit CDX North America Investment
Grade Index, Series 45, Version 1
Buy
(1.00)%
Quarterly
12/20/2030
0.586%
USD
193,280,000
$(3,927,597
)
$(3,418,930
)
$508,667
Credit Risk
Markit CDX North America High Yield
Index, Series 45, Version 1
Sell
5.00
Quarterly
12/20/2030
3.641
USD
5,296,500
364,767
279,189
(85,578
)
Total Centrally Cleared Credit Default Swap Agreements
 
$(3,562,830
)
$(3,139,741
)
$423,089
 
(a)
Implied credit spreads represent the current level, as of March 31, 2026, at which protection could be bought or sold given the terms of the existing credit
default swap agreement and serve as an indicator of the current status of the payment/performance risk of the credit default swap agreement. An implied credit
spread that has widened or increased since entry into the initial agreement may indicate a deteriorating credit profile and increased risk of default for the
reference entity. A declining or narrowing spread may indicate an improving credit profile or decreased risk of default for the reference entity. Alternatively, credit
spreads may increase or decrease reflecting the general tolerance for risk in the credit markets generally.
 
See accompanying notes which are an integral part of this schedule.
Invesco Active Allocation Fund
Abbreviations:
AUD
—Australian Dollar
BRL
—Brazilian Real
CAD
—Canadian Dollar
CHF
—Swiss Franc
CLP
—Chile Peso
CNY
—Chinese Yuan Renminbi
COP
—Colombia Peso
CZK
—Czech Koruna
DKK
—Danish Krone
EUR
—Euro
GBP
—British Pound Sterling
HKD
—Hong Kong Dollar
HUF
—Hungarian Forint
IDR
—Indonesian Rupiah
ILS
—Israel Shekel
INR
—Indian Rupee
JPY
—Japanese Yen
KRW
—South Korean Won
MXN
—Mexican Peso
MYR
—Malaysian Ringgit
NOK
—Norwegian Krone
NZD
—New Zealand Dollar
PHP
—Philippines Peso
PLN
—Polish Zloty
SEK
—Swedish Krona
SGD
—Singapore Dollar
THB
—Thai Baht
TWD
—New Taiwan Dollar
USD
—U.S. Dollar
ZAR
—South African Rand
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 Active Allocation Fund
Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2026
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of March 31, 2026. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments. 
 
Level 1
Level 2
Level 3
Total
Investments in Securities
Affiliated Issuers
$1,898,791,915
$—
$—
$1,898,791,915
Money Market Funds
11,445,729
11,913,079
—
23,358,808
Total Investments in Securities
1,910,237,644
11,913,079
—
1,922,150,723
Other Investments - Assets*
Futures Contracts
1,177,316
—
—
1,177,316
Forward Foreign Currency Contracts
—
1,383,989
—
1,383,989
Swap Agreements
—
508,667
—
508,667
 
1,177,316
1,892,656
—
3,069,972
Other Investments - Liabilities*
Futures Contracts
(648,869
)
—
—
(648,869
)
Forward Foreign Currency Contracts
—
(1,325,934
)
—
(1,325,934
)
Swap Agreements
—
(85,578
)
—
(85,578
)
 
(648,869
)
(1,411,512
)
—
(2,060,381
)
Total Other Investments
528,447
481,144
—
1,009,591
Total Investments
$1,910,766,091
$12,394,223
$—
$1,923,160,314
 
*
Unrealized appreciation (depreciation).
Invesco Active Allocation Fund