NPORT-EX 2 edgar.htm
Schedule of Investments
September 30, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–52.10%
Australia–2.55%
Ampol Ltd.       508      $9,380
APA Group     3,343     20,412
Aurizon Holdings Ltd.     8,259     18,146
BHP Group Ltd.    14,150    352,404
Brambles Ltd.     2,832     20,548
Coles Group Ltd.     1,589     16,717
Fortescue Metals Group Ltd.     7,447     79,813
Glencore PLC    22,384    118,200
Macquarie Group Ltd.       743     72,104
Newcrest Mining Ltd.       165      1,795
Rio Tinto Ltd.     1,953    116,229
Rio Tinto PLC     5,114    276,992
Santos Ltd.     1,010      4,575
South32 Ltd.    23,768     54,937
Telstra Corp. Ltd.     8,780     21,519
Wesfarmers Ltd.     4,231    114,990
Woodside Energy Group Ltd.     2,020     41,094
Woolworths Group Ltd.       485     10,494
      1,350,349
Belgium–0.62%
Anheuser-Busch InBev S.A./N.V.     1,827     82,650
Groupe Bruxelles Lambert S.A.     3,361    233,558
UCB S.A.       169     11,689
      327,897
Brazil–1.13%
B3 S.A. - Brasil, Bolsa, Balcao    20,100     48,626
Petroleo Brasileiro S.A., Preference Shares    40,927    226,093
Telefonica Brasil S.A.     2,400     18,014
TIM S.A.    20,200     45,236
Vale S.A.    19,067    254,634
Yara International ASA       137      4,789
      597,392
Canada–6.16%
Agnico Eagle Mines Ltd.        82      3,464
Alimentation Couche-Tard, Inc.       849     34,179
ARC Resources Ltd.       697      8,371
Barrick Gold Corp.       865     13,407
BCE, Inc.     1,334     55,935
Brookfield Asset Management, Inc., Class A     2,449    100,187
Canadian National Railway Co.     2,608    281,653
Canadian Natural Resources Ltd.     5,757    267,981
Canadian Pacific Railway Ltd.     2,040    136,177
Canadian Tire Corp. Ltd., Class A       410     43,646
Cenovus Energy, Inc.     2,823     43,366
Constellation Software, Inc.        82    114,100
Dollarama, Inc.     1,106     63,493
Emera, Inc.     1,107     44,790
Enbridge, Inc.     3,168    117,468
Fairfax Financial Holdings Ltd.       161     73,532
  Shares Value
Canada–(continued)
Fortis, Inc.     3,004    $114,127
Franco-Nevada Corp.        61      7,286
George Weston Ltd.       178     18,637
Hydro One Ltd.(a)     3,024     73,950
Imperial Oil Ltd.     1,937     83,869
Intact Financial Corp.       584     82,648
Loblaw Cos. Ltd.     1,023     81,005
Magna International, Inc.        90      4,269
Manulife Financial Corp.    12,535    196,734
Metro, Inc.       566     28,342
Nutrien Ltd.     1,951    162,707
Onex Corp.     2,747    126,000
Power Corp. of Canada     3,936     88,701
Rogers Communications, Inc., Class B     2,330     89,752
Shaw Communications, Inc., Class B     2,232     54,275
Sun Life Financial, Inc.     2,435     96,829
Suncor Energy, Inc.     8,112    228,441
TC Energy Corp.     1,431     57,640
Teck Resources Ltd., Class B     2,849     86,645
TELUS Corp.       770     15,290
TFI International, Inc.       402     36,380
Thomson Reuters Corp.       231     23,713
Tourmaline Oil Corp.       587     30,507
West Fraser Timber Co. Ltd.       993     71,836
      3,261,332
Chile–0.03%
Antofagasta PLC       106      1,308
Cia Sud Americana de Vapores S.A.    81,165      5,593
Lundin Mining Corp.     1,367      6,907
Sociedad Quimica y Minera de Chile S.A., Class B, Preference Shares         1         93
      13,901
China–2.86%
Alibaba Group Holding Ltd.(b)    16,100    161,497
Baidu, Inc., A Shares(b)       150      2,214
China Coal Energy Co. Ltd., H Shares     9,000      8,139
China Galaxy Securities Co. Ltd., H Shares   174,500     80,329
China Hongqiao Group Ltd.    17,500     14,287
China Life Insurance Co. Ltd., H Shares    57,000     73,392
China Longyuan Power Group Corp. Ltd., H Shares    14,000     17,507
China Merchants Port Holdings Co. Ltd.     4,000      4,992
China National Building Material Co. Ltd., H Shares    18,000     13,662
China Overseas Land & Investment Ltd.    22,000     56,740
China Petroleum & Chemical Corp., H Shares   266,000    113,364
China Resources Land Ltd.    12,000     46,782
China Shenhua Energy Co. Ltd., H Shares     9,000     26,705
China Tower Corp. Ltd., H Shares(a)   380,000     40,595
CITIC Ltd.    85,000     79,708
COSCO SHIPPING Holdings Co. Ltd., H Shares    26,000     30,384
Daqo New Energy Corp., ADR(b)       125      6,635
Dongfeng Motor Group Co. Ltd., H Shares    56,000     29,772
 
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
  Shares Value
China–(continued)
ENN Energy Holdings Ltd.     1,400     $18,629
ESR Group Ltd.(a)     3,200      8,072
Futu Holdings Ltd., ADR(b)       148      5,519
JD.com, Inc., A Shares     2,200     55,553
Kingboard Holdings Ltd.       500      1,405
Kunlun Energy Co. Ltd.    40,000     28,862
Legend Holdings Corp., H Shares(a)    19,200     16,604
Lenovo Group Ltd.    18,000     12,366
Longfor Group Holdings Ltd.(a)     5,500     15,586
Lufax Holding Ltd., ADR     9,850     25,019
NetEase, Inc.     5,200     78,965
Nongfu Spring Co. Ltd., H Shares(a)     7,200     41,408
NXP Semiconductors N.V.       271     39,975
PetroChina Co. Ltd., H Shares   216,000     88,823
Ping An Insurance (Group) Co. of China Ltd., H Shares    17,500     87,015
Tencent Holdings Ltd.     2,600     87,807
Tencent Music Entertainment Group, ADR(b)     2,588     10,507
Want Want China Holdings Ltd.    25,000     16,338
Yangzijiang Shipbuilding Holdings Ltd.    67,000     47,908
Yankuang Energy Group Co. Ltd., H Shares     4,000     14,529
Zijin Mining Group Co. Ltd., H Shares     8,000      7,711
      1,515,305
Denmark–1.19%
AP Moller - Maersk A/S, Class B        87    157,595
Carlsberg A/S, Class B       177     20,652
Novo Nordisk A/S, Class B     4,366    435,177
Tryg A/S       933     19,175
      632,599
Finland–0.30%
Kone OYJ, Class B       379     14,595
Nokia OYJ     2,279      9,732
Stora Enso OYJ, Class R     3,247     41,411
UPM-Kymmene OYJ     2,898     92,091
      157,829
France–4.06%
Air Liquide S.A.     1,051    119,674
AXA S.A.     9,104    199,330
Bollore SE     1,392      6,368
Bouygues S.A.     2,469     64,320
Carrefour S.A.     2,310     32,002
Cie Generale des Etablissements Michelin S.C.A.       596     13,278
Danone S.A.     2,078     97,909
Dassault Systemes SE       455     15,640
Eiffage S.A.       184     14,730
ENGIE S.A.     7,493     85,974
EssilorLuxottica S.A.       264     35,771
Eutelsat Communications S.A.     2,314     17,912
Hermes International         8      9,403
Kering S.A.        70     30,955
Legrand S.A.       595     38,442
L’Oreal S.A.       431    137,238
LVMH Moet Hennessy Louis Vuitton SE       321    188,695
Orange S.A.    11,826    106,939
Pernod Ricard S.A.       436     79,693
  Shares Value
France–(continued)
Publicis Groupe S.A.       661     $31,277
Renault S.A.(b)       746     20,037
Rexel S.A.       267      3,971
Safran S.A.       503     45,735
Sanofi     4,080    311,387
Schneider Electric SE       886     99,401
SCOR SE       379      5,491
TotalEnergies SE     2,299    108,214
Veolia Environnement S.A.        80      1,518
Vinci S.A.     1,487    119,444
Vivendi SE    14,436    111,891
      2,152,639
Germany–1.98%
Allianz SE     1,017    160,941
Aroundtown S.A.     4,320      9,532
BASF SE       505     19,571
Bayer AG       153      7,061
Bayerische Motoren Werke AG     1,174     80,265
Daimler Truck Holding AG(b)     1,588     36,343
Deutsche Bank AG    11,181     83,630
Deutsche Boerse AG       474     78,038
Deutsche Post AG     2,389     72,693
Fresenius SE & Co. KGaA       864     18,506
HeidelbergCement AG       272     10,895
Mercedes-Benz Group AG     2,038    104,219
Merck KGaA       203     33,130
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class R        97     23,463
Porsche Automobil Holding SE, Preference Shares       265     15,095
RWE AG     1,591     58,541
SAP SE       342     28,193
Siemens AG       284     28,109
Volkswagen AG, Preference Shares     1,436    177,373
Vonovia SE       232      5,049
      1,050,647
Greece–0.22%
Hellenic Telecommunications Organization S.A.     7,867    114,271
Hong Kong–0.85%
AIA Group Ltd.     5,000     41,513
CK Asset Holdings Ltd.    10,000     60,006
CK Hutchison Holdings Ltd.    17,500     96,102
Henderson Land Development Co. Ltd.     2,000      5,582
Hong Kong Exchanges & Clearing Ltd.     1,000     33,953
Hongkong Land Holdings Ltd.     4,800     21,057
Jardine Matheson Holdings Ltd.       500     25,313
Kerry Properties Ltd.    12,000     22,668
MTR Corp. Ltd.     4,500     20,592
Sino Land Co. Ltd.     4,000      5,264
Sun Hung Kai Properties Ltd.     7,500     82,464
Swire Pacific Ltd., Class A     5,000     37,313
      451,827
Hungary–0.09%
MOL Hungarian Oil & Gas PLC     8,123     45,247
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
  Shares Value
India–0.62%
Adani Enterprises Ltd.     1,003     $42,351
Infosys Ltd., ADR     4,829     81,948
Piramal Enterprises Ltd.     1,301     13,792
Piramal Pharma Ltd.(b)(c)     5,204     13,937
SBI Cards & Payment Services Ltd.     8,745     98,009
Steel Authority of India Ltd.    11,940     11,155
Tata Elxsi Ltd.       178     18,553
Tata Motors Ltd.(b)     4,029     19,832
Tata Power Co. Ltd. (The)     9,345     24,798
Tata Steel Ltd.     2,552      3,079
      327,454
Indonesia–0.22%
PT Adaro Energy Indonesia Tbk    72,500     18,741
PT Astra International Tbk    76,500     33,004
PT Merdeka Copper Gold Tbk(b)     9,200      2,355
PT Telkom Indonesia (Persero) Tbk   205,600     59,890
      113,990
Ireland–0.27%
AerCap Holdings N.V.(b)        55      2,328
CRH PLC     2,674     85,625
Kerry Group PLC, Class A       612     54,369
      142,322
Israel–0.41%
Check Point Software Technologies Ltd.(b)       823     92,192
Elbit Systems Ltd.       226     42,806
ICL Group Ltd.     4,663     37,371
Teva Pharmaceutical Industries Ltd., ADR(b)     5,307     42,828
      215,197
Italy–0.35%
Assicurazioni Generali S.p.A.     5,314     72,330
Enel S.p.A.     3,429     14,052
Eni S.p.A.     3,848     40,880
Ferrari N.V.       183     34,133
Snam S.p.A.     6,294     25,425
      186,820
Japan–8.02%
Ajinomoto Co., Inc.     1,000     27,244
Astellas Pharma, Inc.     1,800     23,793
Bridgestone Corp.       900     29,094
Canon, Inc.     3,700     80,696
Central Japan Railway Co.       200     23,430
Chugai Pharmaceutical Co. Ltd.       300      7,491
Dai Nippon Printing Co. Ltd.       400      7,982
Dai-ichi Life Holdings, Inc.       500      7,948
Daiichi Sankyo Co. Ltd.     2,100     58,415
Daiwa Securities Group, Inc.     6,400     25,078
Ebara Corp.       700     22,692
ENEOS Holdings, Inc.       300        969
FANUC Corp.       500     69,169
FUJIFILM Holdings Corp.       900     41,185
Hitachi Ltd.     1,100     46,577
Honda Motor Co. Ltd.     6,900    150,310
IHI Corp.       500     10,760
Inpex Corp.     3,800     35,651
ITOCHU Corp.     3,800     92,096
  Shares Value
Japan–(continued)
Japan Post Holdings Co. Ltd.    28,000    $185,405
Japan Tobacco, Inc.     5,500     90,275
KDDI Corp.     6,600    193,578
Keyence Corp.       200     66,401
Komatsu Ltd.     3,400     61,485
Kubota Corp.     3,200     44,375
Marubeni Corp.     5,100     44,777
Marui Group Co. Ltd.     5,900     97,956
Mitsubishi Corp.     4,100    112,601
Mitsubishi Electric Corp.     3,200     28,907
Mitsubishi Estate Co. Ltd.     2,000     26,242
Mitsubishi Heavy Industries Ltd.     1,700     56,679
Mitsui & Co. Ltd.     7,076    151,808
Mitsui Fudosan Co. Ltd.     1,200     22,875
Mitsui OSK Lines Ltd.     1,700     30,533
MS&AD Insurance Group Holdings, Inc.       900     23,817
Nexon Co. Ltd.       400      6,995
NGK Insulators Ltd.     5,300     66,069
Nintendo Co. Ltd.     2,000     80,985
Nippon Steel Corp.     1,800     25,054
Nippon Telegraph & Telephone Corp.     9,700    261,687
Nippon Yusen K.K.     2,700     46,111
Nissan Motor Co. Ltd.     1,900      6,074
Nomura Holdings, Inc.     7,300     24,099
Oji Holdings Corp.    23,800     88,592
Olympus Corp.       500      9,623
Oriental Land Co. Ltd.        34      4,633
ORIX Corp.     4,100     57,662
Recruit Holdings Co. Ltd.     1,500     43,295
Resona Holdings, Inc.    84,700    309,264
SBI Holdings, Inc.     2,500     44,926
Secom Co. Ltd.       300     17,045
Seven & i Holdings Co. Ltd.       700     28,118
Shin-Etsu Chemical Co. Ltd.       400     39,721
SMC Corp.       200     80,685
SoftBank Corp.    15,200    152,011
SoftBank Group Corp.     1,000     33,970
Sompo Holdings, Inc.       600     23,913
Sony Group Corp.     1,200     77,235
Sumitomo Corp.     2,000     24,958
Takeda Pharmaceutical Co. Ltd.     7,200    187,000
Tokio Marine Holdings, Inc.     5,100     90,645
Tokyo Electric Power Co. Holdings, Inc.(b)     1,400      4,449
Tokyo Electron Ltd.       300     74,277
Tokyo Gas Co. Ltd.     1,200     20,267
Toppan, Inc.       600      8,953
Toshiba Corp.       300     10,685
Toyota Industries Corp.     1,600     76,234
Toyota Motor Corp.    17,300    225,191
      4,248,720
Luxembourg–0.29%
ArcelorMittal S.A.     4,462     89,232
Reinet Investments S.C.A.     2,313     33,922
SES S.A., FDR     5,424     29,724
      152,878
Malaysia–0.33%
IHH Healthcare Bhd.    18,600     23,593
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
  Shares Value
Malaysia–(continued)
Petronas Chemicals Group Bhd.    17,000     $30,651
Sime Darby Bhd.   132,000     60,721
Tenaga Nasional Bhd.    35,600     61,704
      176,669
Mexico–0.23%
Grupo Bimbo S.A.B. de C.V., Series A     4,000     14,096
Wal-Mart de Mexico S.A.B. de C.V., Series V    30,000    105,509
      119,605
Mongolia–0.02%
Turquoise Hill Resources Ltd.(b)       451     13,354
Netherlands–1.87%
ASML Holding N.V.       843    349,669
Heineken Holding N.V.       587     40,078
Heineken N.V.       741     64,961
Koninklijke Ahold Delhaize N.V.     5,261    133,966
Koninklijke KPN N.V.       832      2,254
Koninklijke Philips N.V.     3,218     49,707
NN Group N.V.     2,576    100,260
OCI N.V.        71      2,611
Prosus N.V.       456     23,764
Randstad N.V.        67      2,897
Shell PLC     7,646    190,235
Wolters Kluwer N.V.       323     31,447
      991,849
New Zealand–0.07%
Spark New Zealand Ltd.    12,912     36,171
Norway–0.53%
Aker BP ASA     1,080     30,968
Equinor ASA     5,480    180,750
Gjensidige Forsikring ASA     2,198     37,611
Mowi ASA     1,096     13,888
Norsk Hydro ASA       931      5,008
Telenor ASA     1,189     10,851
      279,076
Philippines–0.15%
SM Prime Holdings, Inc.   153,300     78,853
Poland–0.03%
Cyfrowy Polsat S.A.     2,744      8,786
Polski Koncern Naftowy ORLEN S.A.       864      9,280
      18,066
Portugal–0.02%
Jeronimo Martins SGPS S.A.       599     11,160
Russia–0.00%
Tatneft PJSC, ADR(c)       576          0
X5 Retail Group N.V., GDR(a)(c)       422          0
      0
Singapore–0.45%
CapitaLand Investment Ltd.    14,400     34,686
Jardine Cycle & Carriage Ltd.     1,400     32,751
Keppel Corp. Ltd.     9,800     47,054
Singapore Exchange Ltd.    17,700    116,044
  Shares Value
Singapore–(continued)
Singapore Telecommunications Ltd.     2,900      $5,338
      235,873
South Africa–0.75%
Anglo American PLC     3,221     97,301
Bidvest Group Ltd. (The)        60        651
Clicks Group Ltd.       537      8,427
Exxaro Resources Ltd.        42        468
FirstRand Ltd.    11,699     38,927
Gold Fields Ltd.        78        630
Impala Platinum Holdings Ltd.     2,765     25,656
Investec Ltd.    10,003     39,388
MTN Group Ltd.     3,734     24,515
Naspers Ltd., Class N        99     12,269
Old Mutual Ltd.    72,177     38,855
Remgro Ltd.     6,170     45,278
Sasol Ltd.     1,860     29,261
Shoprite Holdings Ltd.     1,080     12,897
Sibanye Stillwater Ltd.     2,933      6,788
Woolworths Holdings Ltd.     5,054     17,021
      398,332
South Korea–1.13%
E-MART, Inc.       129      7,556
GS Holdings Corp.       597     17,331
HMM Co. Ltd.     2,022     25,846
Hyundai Mobis Co. Ltd.        90     11,997
Hyundai Steel Co.       277      5,382
Kia Corp.       222     11,079
KT Corp.       887     22,350
KT&G Corp.       674     40,780
LG Corp.       538     27,791
LG Display Co. Ltd.       935      7,762
LG Innotek Co. Ltd.        15      2,829
NAVER Corp.       223     29,721
POSCO Holdings, Inc.       228     33,572
Samsung C&T Corp.       480     34,436
Samsung Electronics Co. Ltd.     4,347    159,723
SK Hynix, Inc.     2,070    118,773
SK Telecom Co. Ltd.     1,153     40,729
      597,657
Spain–1.20%
ACS Actividades de Construccion y Servicios S.A.     2,531     56,641
Cellnex Telecom S.A.(a)       509     15,693
Ferrovial S.A.     1,596     36,220
Iberdrola S.A.    24,258    225,512
Industria de Diseno Textil S.A.       801     16,545
Red Electrica Corp. S.A.     2,998     45,918
Repsol S.A.     6,619     76,169
Telefonica S.A.    49,094    161,850
      634,548
Sweden–0.76%
Atlas Copco AB, Class A     2,552     23,632
Epiroc AB, Class A     1,347     19,267
Holmen AB, Class B       938     35,693
Investor AB, Class B    11,836    172,531
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
  Shares Value
Sweden–(continued)
Svenska Cellulosa AB S.C.A., Class B     3,135     $39,757
Swedish Match AB     1,242     12,296
Telefonaktiebolaget LM Ericsson, Class B     5,421     31,570
Volvo AB, Class B     4,727     66,699
      401,445
Switzerland–1.57%
Novartis AG     6,116    466,242
Partners Group Holding AG       103     82,747
Schindler Holding AG, PC       345     53,516
UBS Group AG    12,826    185,284
Zurich Insurance Group AG       105     41,740
      829,529
Taiwan–2.58%
Asustek Computer, Inc.     5,000     36,693
AUO Corp.(c)    38,400     19,201
Cathay Financial Holding Co. Ltd.    42,000     52,577
China Development Financial Holding Corp.    27,000     10,129
Chunghwa Telecom Co. Ltd.    19,000     68,086
E Ink Holdings, Inc.     2,511     16,590
Evergreen Marine Corp. Taiwan Ltd.     3,600     16,413
Far EasTone Telecommunications Co. Ltd.    25,000     56,893
Formosa Chemicals & Fibre Corp.     7,000     15,124
Formosa Plastics Corp.     9,000     24,436
Fubon Financial Holding Co. Ltd.    25,200     39,399
Hon Hai Precision Industry Co. Ltd.     8,000     25,540
Innolux Corp.(c)    68,780     22,741
Lite-On Technology Corp.     1,000      1,995
Micro-Star International Co. Ltd.     2,000      6,708
Nan Ya Plastics Corp.     6,000     12,607
Novatek Microelectronics Corp.     2,000     13,644
Pegatron Corp.    21,000     38,465
PharmaEssentia Corp.(b)       325      4,930
Quanta Computer, Inc.    11,000     26,516
Taiwan Cement Corp.     3,899      4,136
Taiwan Mobile Co. Ltd.    27,000     81,166
Taiwan Semiconductor Manufacturing Co. Ltd.    50,000    657,214
Uni-President Enterprises Corp.    23,000     48,461
Walsin Lihwa Corp.     1,000      1,263
Wan Hai Lines Ltd.     5,600     11,633
Yang Ming Marine Transport Corp.    10,000     19,124
Yuanta Financial Holding Co. Ltd.    60,770     37,279
      1,368,963
Thailand–0.06%
Advanced Info Service PCL, NVDR     6,400     33,036
Turkey–0.23%
Eregli Demir ve Celik Fabrikalari TAS    17,993     28,133
Turk Hava Yollari AO(b)    11,588     44,059
Turkcell Iletisim Hizmetleri A.S.    47,417     50,785
      122,977
United Arab Emirates–0.15%
Emaar Properties PJSC     2,606      4,078
International Holding Co. PJSC(b)       786     76,176
      80,254
  Shares Value
United Kingdom–4.41%
3i Group PLC    11,367    $136,485
AstraZeneca PLC     3,283    361,032
Aviva PLC    16,083     69,080
BAE Systems PLC     4,838     42,506
BP PLC    16,879     80,266
British American Tobacco PLC     7,164    256,180
CNH Industrial N.V.     3,538     39,499
Coca-Cola Europacific Partners PLC       301     12,829
Diageo PLC     6,074    254,596
Haleon PLC(b)    10,326     31,950
Imperial Brands PLC     2,741     56,563
International Distributions Services PLC     6,905     14,082
J Sainsbury PLC    12,933     24,979
Legal & General Group PLC       694      1,661
M&G PLC     7,961     14,656
Man Group PLC    19,737     49,163
Melrose Industries PLC     5,222      5,830
National Grid PLC    14,799    152,723
Next PLC       553     29,381
Phoenix Group Holdings PLC       272      1,584
Reckitt Benckiser Group PLC     1,381     91,272
RELX PLC     3,421     83,516
Rightmove PLC       805      4,270
SSE PLC     2,636     44,693
Tesco PLC    35,663     81,658
Unilever PLC     3,871    170,323
Vodafone Group PLC   197,571    222,520
WPP PLC       531      4,394
      2,337,691
United States–3.32%
Atlassian Corp. PLC, Class A(b)       376     79,182
CSL Ltd.       157     28,468
Ferguson PLC       150     15,619
GSK PLC     5,818     84,861
JBS S.A.     3,300     15,367
Nestle S.A.     5,574    603,551
Roche Holding AG     2,369    772,434
Stellantis N.V.    11,809    139,449
Swiss Re AG       291     21,375
      1,760,306
Zambia–0.02%
First Quantum Minerals Ltd.       568      9,642
Total Common Stocks & Other Equity Interests (Cost $32,774,725) 27,593,672
  Principal
Amount 		 
Equity Linked Notes–32.09%
Canada–13.71%
Bank of Montreal (MSCI EAFE Index), 24.88%, 10/14/2022(a)   $1,129,000  1,034,202
Bank of Montreal (MSCI EAFE Index) , 28.80%, 10/07/2022(a)   1,176,000  1,009,060
Canadian Imperial Bank of Commerce (MSCI EAFE Index), 21.00%, 10/31/2022(a)   1,137,000  1,064,575
Canadian Imperial Bank of Commerce (MSCI Emerging Markets Index), 18.50%, 11/01/2022(a)   1,064,000    997,849
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
  Principal
Amount 		Value
Canada–(continued)
Royal Bank of Canada (MSCI EAFE Index), Conv., 25.01%, 10/17/2022(a)   $1,129,000  $1,033,842
Royal Bank of Canada (MSCI EAFE Index), Conv., 24.01%, 11/04/2022(a)   1,079,000  1,076,630
Toronto-Dominion Bank (The) (MSCI EAFE Index), 22.00%, 10/28/2022(a)   1,130,000  1,045,264
      7,261,422
France–7.05%
BNP Paribas Issuance B.V. (MSCI Emerging Markets Index), 21.16%, 10/25/2022(a)   1,097,000    970,233
BNP Paribas S.A. (MSCI Emerging Markets Index), 25.07%, 10/12/2022(a)   1,081,000    921,252
Societe Generale S.A. (MSCI EAFE Index) , 24.55%, 10/11/2022(a)   1,166,000  1,007,942
Societe Generale S.A. (MSCI Emerging Markets Index), 23.12%, 10/04/2022   1,048,000    834,287
      3,733,714
Switzerland–3.73%
Credit Suisse AG (MSCI EAFE Index), 21.75%, 10/24/2022(a)   1,148,000  1,014,539
Credit Suisse AG (MSCI Emerging Markets Index), 23.00%, 10/18/2022(a)   1,083,000    958,917
      1,973,456
  Principal
Amount 		Value
United States–7.60%
Goldman Sachs International (MSCI EAFE Index), 22.26%, 10/03/2022   $1,181,000    $961,768
Goldman Sachs International (MSCI EAFE Index), 20.19%, 11/07/2022(a)   1,058,000  1,055,613
Goldman Sachs International (MSCI Emerging Markets Index), 19.99%, 11/08/2022(a)   1,012,000  1,007,458
J.P. Morgan Structured Products B.V. (MSCI EAFE Index), 22.95%, 10/21/2022(a)   1,156,000  1,000,267
      4,025,106
Total Equity Linked Notes (Cost $18,874,000) 16,993,698
  Shares  
Money Market Funds–18.09%
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(d)(e) 3,357,323  3,357,323
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(d)(e) 2,389,436  2,389,914
Invesco Treasury Portfolio, Institutional Class, 2.87%(d)(e) 3,836,940  3,836,940
Total Money Market Funds (Cost $9,582,923) 9,584,177
TOTAL INVESTMENTS IN SECURITIES—102.28% (Cost $61,231,648) 54,171,547
OTHER ASSETS LESS LIABILITIES–(2.28)% (1,209,220)
NET ASSETS–100.00% $52,962,327
Investment Abbreviations:
ADR – American Depositary Receipt
Conv. – Convertible
FDR – Fiduciary Depositary Receipt
GDR – Global Depositary Receipt
NVDR – Non-Voting Depositary Receipt
PC – Participation Certificate
Notes to Schedule of Investments:
(a) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at September 30, 2022 was $15,409,551, which represented 29.10% of the Fund’s Net Assets.
(b) Non-income producing security.
(c) Security valued using significant unobservable inputs (Level 3). See Note 1.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the nine months ended September 30, 2022.
    
  Value
December 31, 2021 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain
(Loss) 		Value
September 30, 2022 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $5,444,739 $44,693,339 $(46,780,755) $- $- $3,357,323 $31,332
Invesco Liquid Assets Portfolio, Institutional Class 3,881,117 31,923,814 (33,414,825) 1,438 (1,630) 2,389,914 22,520
Invesco Treasury Portfolio, Institutional Class 6,222,558 51,078,100 (53,463,718) - - 3,836,940 33,692
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund - 35,665 (35,665) - - - 6*
Invesco Private Prime Fund - 70,992 (70,986) - (6) - 19*
Total $15,548,414 $127,801,910 $(133,765,949) $1,438 $(1,636) $9,584,177 $87,569
    
* 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.
    
(e) The rate shown is the 7-day SEC standardized yield as of September 30, 2022.
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Income Advantage International Fund
Notes to Quarterly Schedule of Portfolio Holdings
September 30, 2022
(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 or are unreliable. 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.
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 September 30, 2022. 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        
Australia $— $1,350,349 $— $1,350,349
Belgium — 327,897 — 327,897
Brazil 592,603 4,789 — 597,392
Canada 3,261,332 7,261,422 — 10,522,754
Chile 12,593 1,308 — 13,901
China 87,655 1,427,650 — 1,515,305
Denmark — 632,599 — 632,599
Finland — 157,829 — 157,829
France — 5,886,353 — 5,886,353
Germany — 1,050,647 — 1,050,647
Greece — 114,271 — 114,271
Hong Kong — 451,827 — 451,827
Hungary — 45,247 — 45,247
India 81,948 231,569 13,937 327,454
Indonesia — 113,990 — 113,990
Ireland 2,328 139,994 — 142,322
Israel 135,020 80,177 — 215,197
Italy — 186,820 — 186,820
Japan — 4,248,720 — 4,248,720
Luxembourg — 152,878 — 152,878
Malaysia — 176,669 — 176,669
Mexico 119,605 — — 119,605
Mongolia 13,354 — — 13,354
Netherlands — 991,849 — 991,849
New Zealand — 36,171 — 36,171
Norway — 279,076 — 279,076
Philippines — 78,853 — 78,853
Poland — 18,066 — 18,066
Portugal — 11,160 — 11,160
Russia — — 0 0
Singapore — 235,873 — 235,873
South Africa — 398,332 — 398,332
South Korea — 597,657 — 597,657
Spain — 634,548 — 634,548
Sweden — 401,445 — 401,445
Switzerland — 2,802,985 — 2,802,985
Taiwan — 1,327,021 41,942 1,368,963
Thailand — 33,036 — 33,036
Turkey — 122,977 — 122,977
United Arab Emirates — 80,254 — 80,254
Invesco Income Advantage International Fund
  Level 1 Level 2 Level 3 Total
United Kingdom $12,829 $2,324,862 $— $2,337,691
United States 94,549 5,690,863 — 5,785,412
Zambia 9,642 — — 9,642
Money Market Funds 9,584,177 — — 9,584,177
Total Investments $14,007,635 $40,108,033 $55,879 $54,171,547
Invesco Income Advantage International Fund