NPORT-EX 2 edgar.htm
Schedule of Investments
January 31, 2024
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–80.97%
Australia–2.84%
ANZ Group Holdings Ltd.     1,046     $18,456
BHP Group Ltd.    10,768    329,436
Commonwealth Bank of Australia       105      8,007
Fortescue Ltd.     6,838    132,156
Glencore PLC     7,732     40,910
Goodman Group     3,853     63,957
Rio Tinto Ltd.     1,174    101,020
Telstra Group Ltd.     3,598      9,489
Wesfarmers Ltd.     2,220     84,042
Woodside Energy Group Ltd.     4,414     92,324
Woolworths Group Ltd.       289      6,787
      886,584
Austria–0.05%
OMV AG       380     16,914
Belgium–0.13%
Anheuser-Busch InBev S.A./N.V.       663     41,012
Brazil–3.15%
Ambev S.A.     2,500      6,600
B3 S.A. - Brasil, Bolsa, Balcao    16,000     42,274
Banco Bradesco S.A., Preference Shares     5,700     17,660
Banco BTG Pactual S.A., Series CPO     2,100     15,268
Banco do Brasil S.A.     2,200     25,067
Banco Santander Brasil S.A., Series CPO     1,600      9,252
CCR S.A.     3,000      7,944
CPFL Energia S.A.       800      5,855
Gerdau S.A., Preference Shares     3,215     13,653
Itau Unibanco Holding S.A., Preference Shares     1,400      9,263
Itausa S.A., Preference Shares     4,065      8,205
Petroleo Brasileiro S.A., Preference Shares    63,100    515,177
Rumo S.A.     3,500     16,291
Suzano S.A.     1,800     18,754
Telefonica Brasil S.A.       900      9,330
Vale S.A.    16,800    229,769
WEG S.A.     2,700     17,624
XP, Inc., BDR       689     16,889
      984,875
Chile–0.16%
Banco de Chile   162,210     18,156
Banco Santander Chile   178,521      8,248
Cencosud S.A.     5,763     10,021
Enel Americas S.A.    75,163      7,617
Falabella S.A.(a)     2,832      6,722
      50,764
China–8.66%
Agricultural Bank of China Ltd., H Shares   104,000     40,268
  Shares Value
China–(continued)
Alibaba Group Holding Ltd.    45,000    $403,604
Aluminum Corp. of China Ltd., H Shares    14,000      6,823
ANTA Sports Products Ltd.     6,200     52,331
Baidu, Inc., A Shares(a)     8,200    106,167
Bank of China Ltd., H Shares   250,000     93,817
Bank of Communications Co. Ltd., H Shares    61,000     36,088
Beijing Enterprises Holdings Ltd.     2,500      9,048
BYD Co. Ltd., H Shares     7,000    156,731
BYD Electronic International Co. Ltd.     3,500     11,990
China CITIC Bank Corp. Ltd., H Shares    33,000     16,355
China Coal Energy Co. Ltd., H Shares     7,000      7,687
China Construction Bank Corp., H Shares   347,000    206,071
China Galaxy Securities Co. Ltd., H Shares    10,000      4,900
China Life Insurance Co. Ltd., H Shares     8,000      9,223
China Literature Ltd.(a)(b)     1,600      4,654
China Longyuan Power Group Corp. Ltd., H Shares    12,000      7,238
China Merchants Bank Co. Ltd., H Shares    12,500     45,567
China Minsheng Banking Corp. Ltd., H Shares    27,500      9,146
China Overseas Land & Investment Ltd.     3,000      4,538
China Petroleum & Chemical Corp., H Shares    70,000     36,414
China Resources Mixc Lifestyle Services Ltd.(b)     3,400      9,819
China Resources Power Holdings Co. Ltd.     4,000      8,092
China Shenhua Energy Co. Ltd., H Shares     8,000     30,349
China Taiping Insurance Holdings Co. Ltd.     6,800      5,645
China Tower Corp. Ltd., H Shares(b)   218,000     24,251
China Vanke Co. Ltd., H Shares     5,300      4,170
CITIC Ltd.    17,000     16,408
CMOC Group Ltd., H Shares    27,000     14,789
COSCO SHIPPING Holdings Co. Ltd., H Shares    10,000     10,506
CSPC Pharmaceutical Group Ltd.    64,640     47,555
ENN Energy Holdings Ltd.     4,000     29,775
Fuyao Glass Industry Group Co. Ltd., H Shares(b)     1,200      5,425
Geely Automobile Holdings Ltd.     5,000      4,739
Great Wall Motor Co. Ltd., H Shares     9,500      9,354
Haidilao International Holding Ltd.(b)     3,000      4,727
Hengan International Group Co. Ltd.     2,000      6,193
Huatai Securities Co. Ltd., H Shares(b)     6,400      7,550
Industrial & Commercial Bank of China Ltd., H Shares   274,000    133,474
JD Health International, Inc.(a)(b)     3,400     11,219
JD Logistics, Inc.(a)(b)     6,200      5,414
JD.com, Inc., A Shares     7,966     89,826
Kanzhun Ltd., ADR       668      9,292
KE Holdings, Inc., ADR     4,440     62,915
Kingsoft Corp. Ltd.     4,200     10,218
Kuaishou Technology(a)(b)     1,100      5,544
Kunlun Energy Co. Ltd.    20,000     17,918
Lenovo Group Ltd.    12,000     12,565
Li Auto, Inc., A Shares(a)     3,800     52,527
NetEase, Inc.     6,800    132,179
New China Life Insurance Co. Ltd., H Shares     2,900      5,175
 
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
  Shares Value
China–(continued)
New Oriental Education & Technology Group, Inc.(a)     8,000     $61,746
Nongfu Spring Co. Ltd., H Shares(b)     5,400     29,307
NXP Semiconductors N.V.       536    112,865
PDD Holdings, Inc., ADR(a)       587     74,473
PetroChina Co. Ltd., H Shares    88,000     63,656
Ping An Insurance (Group) Co. of China Ltd., H Shares    24,500    102,987
Prosus N.V.(a)       510     15,084
Shenzhou International Group Holdings Ltd.     1,900     16,920
Sino Biopharmaceutical Ltd.   115,000     41,496
SITC International Holdings Co. Ltd.     5,000      7,587
Sunny Optical Technology Group Co. Ltd.     2,000     12,293
Vipshop Holdings Ltd., ADR(a)     1,608     25,551
WuXi AppTec Co. Ltd., H Shares(b)       900      6,227
XPeng, Inc.(a)     2,100      8,746
Yankuang Energy Group Co. Ltd., H Shares     6,000     12,327
Yum China Holdings, Inc.     1,608     55,621
ZTO Express (Cayman), Inc., ADR       241      3,943
      2,707,102
Colombia–0.07%
Bancolombia S.A., Preference Shares     2,941     23,172
Czech Republic–0.04%
Komercni banka A.S.       371     12,172
Denmark–2.96%
A.P. Moller - Maersk A/S, Class B        26     47,939
Danske Bank A/S       970     26,046
DSV A/S        77     13,776
Novo Nordisk A/S, Class B     7,323    837,051
      924,812
Finland–0.10%
Mandatum OYJ(a)       131        591
Nokia OYJ     3,649     13,192
Nordea Bank Abp     1,454     17,919
      31,702
France–5.53%
Air Liquide S.A.     1,148    214,829
AXA S.A.       791     26,550
BNP Paribas S.A.       459     30,837
Carrefour S.A.       791     13,504
Cie de Saint-Gobain S.A.       383     27,081
Credit Agricole S.A.     3,445     49,349
Danone S.A.     1,582    105,399
ENGIE S.A.     7,196    114,938
EssilorLuxottica S.A.        51      9,995
Hermes International S.C.A.         6     12,658
Kering S.A.        77     31,630
Legrand S.A.       102      9,885
L’Oreal S.A.       587    280,911
LVMH Moet Hennessy Louis Vuitton SE        51     42,435
Orange S.A.     4,567     54,310
Safran S.A.     1,046    195,297
Societe Generale S.A.       817     21,001
Thales S.A.       255     37,295
TotalEnergies SE     6,430    417,150
  Shares Value
France–(continued)
Vinci S.A.       281     $35,497
      1,730,551
Germany–5.51%
adidas AG       561    105,910
Allianz SE       714    190,764
BASF SE       459     21,942
Bayer AG       970     30,183
Bayerische Motoren Werke AG       714     74,294
Beiersdorf AG       204     29,853
Daimler Truck Holding AG       893     31,913
Deutsche Bank AG     3,113     40,213
Deutsche Post AG       689     32,999
Deutsche Telekom AG     1,505     36,944
Dr. Ing. h.c. F. Porsche AG, Preference Shares(b)        51      4,330
E.ON SE     5,282     71,462
Fresenius Medical Care AG       230      8,889
Fresenius SE & Co. KGaA       638     17,911
Hannover Rueck SE       204     48,902
Mercedes-Benz Group AG       561     37,875
Merck KGaA        77     12,634
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class R       459    195,405
RWE AG       204      7,533
SAP SE     3,496    605,670
Siemens AG       306     54,781
Volkswagen AG, Preference Shares       485     62,378
      1,722,785
Hong Kong–0.54%
AIA Group Ltd.     7,400     58,034
CK Asset Holdings Ltd.     1,500      6,768
CK Hutchison Holdings Ltd.     8,000     41,319
CK Infrastructure Holdings Ltd.     1,500      8,908
CLP Holdings Ltd.     3,500     27,837
Jardine Matheson Holdings Ltd.       400     16,062
Sun Hung Kai Properties Ltd.     1,000      9,333
      168,261
Hungary–0.08%
OTP Bank Nyrt.       510     23,631
Indonesia–0.61%
PT Adaro Energy Indonesia Tbk    96,700     14,662
PT Astra International Tbk    73,700     23,882
PT Bank Central Asia Tbk   127,600     77,201
PT Bank Mandiri (Persero) Tbk    19,900      8,378
PT Bank Rakyat Indonesia (Persero) Tbk    23,800      8,574
PT Telkom Indonesia (Persero) Tbk   172,900     43,368
PT United Tractors Tbk    10,000     14,526
      190,591
Israel–0.09%
Check Point Software Technologies Ltd.(a)       179     28,449
Italy–2.16%
Assicurazioni Generali S.p.A.     2,415     53,871
Enel S.p.A.    18,729    127,795
Eni S.p.A.     7,298    116,340
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
  Shares Value
Italy–(continued)
Ferrari N.V.       332    $115,781
Intesa Sanpaolo S.p.A.     6,430     19,813
UniCredit S.p.A.     8,242    241,425
      675,025
Japan–14.14%
AEON Co. Ltd.     1,000     23,897
Asahi Group Holdings Ltd.       600     22,301
Astellas Pharma, Inc.     2,600     30,270
Bridgestone Corp.       900     38,999
Canon, Inc.     2,100     57,849
Central Japan Railway Co.     1,000     24,993
Chugai Pharmaceutical Co. Ltd.     1,500     53,955
Dai-ichi Life Holdings, Inc.     1,000     21,933
Daiwa House Industry Co. Ltd.     1,100     34,014
Denso Corp.     3,200     50,266
East Japan Railway Co.       300     17,158
Eisai Co. Ltd.       200      9,418
FANUC Corp.       200      5,532
Fast Retailing Co. Ltd.       200     53,395
FUJIFILM Holdings Corp.       700     44,369
Fujitsu Ltd.       100     13,841
Hitachi Ltd.     2,400    188,521
Honda Motor Co. Ltd.    16,300    182,202
Hoya Corp.       500     63,515
ITOCHU Corp.     3,000    136,152
Japan Post Bank Co. Ltd.     2,200     22,880
Japan Post Holdings Co. Ltd.     2,800     26,804
Japan Tobacco, Inc.     2,300     60,622
Kao Corp.       600     23,741
KDDI Corp.     1,200     39,762
Keyence Corp.       100     44,740
Kirin Holdings Co. Ltd.       800     11,499
Komatsu Ltd.     1,300     36,985
Kyocera Corp.     1,800     26,352
LY Corp.     3,300     10,266
Mitsubishi Corp.    19,600    337,805
Mitsubishi Electric Corp.     2,800     41,553
Mitsubishi Estate Co. Ltd.     2,400     33,254
Mitsubishi UFJ Financial Group, Inc.    27,600    258,517
Mitsui & Co. Ltd.     6,000    243,343
Mitsui Fudosan Co. Ltd.     2,000     50,208
Mizuho Financial Group, Inc.     4,870     88,447
MS&AD Insurance Group Holdings, Inc.       700     28,906
Murata Manufacturing Co. Ltd.     1,600     32,307
Nintendo Co. Ltd.     1,300     72,632
Nippon Telegraph & Telephone Corp.    57,400     72,080
Nissan Motor Co. Ltd.     6,000     23,555
Olympus Corp.       400      5,921
Oriental Land Co. Ltd.       800     29,712
ORIX Corp.     1,800     34,757
Otsuka Holdings Co. Ltd.       700     27,516
Panasonic Holdings Corp.     5,300     49,920
Recruit Holdings Co. Ltd.     3,300    130,346
Renesas Electronics Corp.(a)     3,000     49,223
SECOM Co. Ltd.       400     29,032
Sekisui House Ltd.       700     15,802
Seven & i Holdings Co. Ltd.       400     15,798
  Shares Value
Japan–(continued)
Shimano, Inc.       100     $14,358
Shin-Etsu Chemical Co. Ltd.     1,600     62,979
Shionogi & Co. Ltd.       600     28,798
SMC Corp.       100     55,664
SoftBank Corp.     2,300     30,557
SoftBank Group Corp.       800     34,536
Sompo Holdings, Inc.       500     25,926
Sony Group Corp.       900     88,261
Sumitomo Corp.     3,000     68,994
Sumitomo Mitsui Financial Group, Inc.     2,500    130,033
Suzuki Motor Corp.       400     17,967
Takeda Pharmaceutical Co. Ltd.     2,338     68,715
Terumo Corp.       400     13,541
Tokio Marine Holdings, Inc.     2,500     65,919
Tokyo Electron Ltd.       800    148,458
Toyota Industries Corp.       400     33,832
Toyota Motor Corp.    23,900    477,231
Unicharm Corp.       200      6,882
      4,419,516
Luxembourg–0.12%
ArcelorMittal S.A.     1,352     37,234
Malaysia–0.27%
CIMB Group Holdings Bhd.     6,400      8,430
Genting Bhd.     9,700      9,663
IHH Healthcare Bhd.     7,800     10,063
Malayan Banking Bhd.     3,100      6,064
Petronas Chemicals Group Bhd.    10,300     14,722
Public Bank Bhd.    36,800     34,114
      83,056
Mexico–0.83%
America Movil S.A.B. de C.V., Class B(a)    74,300     67,128
Arca Continental S.A.B. de C.V.       900     10,226
CEMEX S.A.B. de C.V., Series CPO(a)    10,100      8,391
Fomento Economico Mexicano S.A.B. de C.V., Series CPO       700      9,494
Grupo Aeroportuario del Pacifico S.A.B. de C.V., Class B       790     12,299
Grupo Aeroportuario del Sureste S.A.B. de C.V., Class B       180      5,247
Grupo Elektra S.A.B. de C.V.       690     46,238
Grupo Financiero Banorte S.A.B. de C.V., Class O       800      8,137
Grupo Financiero Inbursa S.A.B. de C.V., Class O(a)     3,600     10,636
Kimberly-Clark de Mexico S.A.B. de C.V., Class A     2,400      5,472
Wal-Mart de Mexico S.A.B. de C.V., Series V    18,673     77,148
      260,416
Netherlands–3.54%
ASML Holding N.V.       179    155,298
EXOR N.V.       383     37,056
Heineken Holding N.V.        77      6,461
ING Groep N.V.     2,143     30,449
Koninklijke Ahold Delhaize N.V.       919     25,845
Koninklijke Philips N.V.(a)     2,220     46,966
Shell PLC    20,413    632,850
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
  Shares Value
Netherlands–(continued)
Universal Music Group N.V.     2,679     $78,971
Wolters Kluwer N.V.       638     94,052
      1,107,948
Peru–0.02%
Credicorp Ltd.        51      7,570
Philippines–0.14%
Ayala Corp.       820      9,880
International Container Terminal Services, Inc.     2,680     11,589
Manila Electric Co.       790      5,083
SM Prime Holdings, Inc.    27,600     16,789
      43,341
Poland–0.24%
Bank Polska Kasa Opieki S.A.       816     31,388
Powszechna Kasa Oszczednosci Bank Polski S.A.     3,537     44,878
      76,266
Russia–0.00%
Sberbank of Russia PJSC(c)     9,800          0
Tatneft PJSC(c)     1,980          0
VTB Bank PJSC(a)(c) 9,716,000          0
      0
Singapore–0.30%
Oversea-Chinese Banking Corp. Ltd.     6,500     62,175
Singapore Telecommunications Ltd.     3,300      5,889
STMicroelectronics N.V.       281     12,338
United Overseas Bank Ltd.       700     14,755
      95,157
South Africa–1.10%
Absa Group Ltd.     2,501     21,837
Anglo American PLC     1,148     27,366
Bid Corp. Ltd.       255      6,172
Capitec Bank Holdings Ltd.       357     38,023
FirstRand Ltd.    14,213     51,475
Gold Fields Ltd.     2,220     32,757
Impala Platinum Holdings Ltd.     2,807     10,896
MTN Group Ltd.     2,220     11,292
Nedbank Group Ltd.       709      8,232
Sanlam Ltd.     6,277     23,958
Sasol Ltd.     1,024      8,894
Shoprite Holdings Ltd.     5,716     82,839
Sibanye Stillwater Ltd.     5,767      6,950
Standard Bank Group Ltd.     1,327     14,127
      344,818
South Korea–2.83%
Hyundai Mobis Co. Ltd.        77     12,070
Hyundai Motor Co.       102     14,836
KB Financial Group, Inc.       153      6,493
Kia Corp.(a)     1,327    101,928
NAVER Corp.(a)        26      3,877
POSCO Holdings, Inc.        77     24,431
Samsung C&T Corp.       128     13,223
Samsung Electronics Co. Ltd.     8,574    465,884
Samsung SDI Co. Ltd.       255     70,769
  Shares Value
South Korea–(continued)
SK hynix, Inc.     1,710    $171,240
      884,751
Spain–2.26%
Aena SME S.A.(b)        51      9,022
Banco Bilbao Vizcaya Argentaria S.A.    15,387    144,014
Banco Santander S.A.    13,014     52,304
CaixaBank S.A.     1,403      5,982
Endesa S.A.       714     14,146
Iberdrola S.A.     4,261     51,306
Industria de Diseno Textil S.A.     8,931    381,866
Repsol S.A.     1,812     26,760
Telefonica S.A.     5,180     21,077
      706,477
Sweden–1.66%
Assa Abloy AB, Class B       332      9,105
Atlas Copco AB, Class A    10,666    170,223
Epiroc AB, Class A     1,403     24,789
H & M Hennes & Mauritz AB, Class B     1,557     21,967
Investor AB, Class B     3,955     93,120
Skandinaviska Enskilda Banken AB, Class A     3,241     46,029
Svenska Handelsbanken AB, Class A       612      6,598
Telefonaktiebolaget LM Ericsson, Class B     2,832     15,699
Volvo AB, Class B     5,537    132,696
      520,226
Switzerland–4.62%
ABB Ltd.       332     14,048
Alcon, Inc.        79      5,947
Cie Financiere Richemont S.A.       102     15,151
Geberit AG        11      6,332
Kuehne + Nagel International AG, Class R       204     69,131
Nestle S.A.       842     95,946
Novartis AG     7,706    796,906
Partners Group Holding AG        77    103,886
Swatch Group AG (The), BR        26      6,104
Swisscom AG        25     14,957
UBS Group AG(a)    10,513    314,681
      1,443,089
Taiwan–5.31%
ASE Technology Holding Co. Ltd., ADR     5,219     48,485
Catcher Technology Co. Ltd.     3,000     18,641
Chailease Holding Co. Ltd.     2,218     12,278
Chang Hwa Commercial Bank Ltd.    11,000      6,141
Cheng Shin Rubber Industry Co. Ltd.     6,000      8,700
Chunghwa Telecom Co. Ltd., ADR       740     27,809
CTBC Financial Holding Co. Ltd.     7,000      6,350
Delta Electronics, Inc.     7,000     62,640
Evergreen Marine Corp. Taiwan Ltd.     4,800     23,024
Far EasTone Telecommunications Co. Ltd.     3,000      7,700
First Financial Holding Co. Ltd.    32,000     27,156
Formosa Plastics Corp.    11,000     25,279
Fubon Financial Holding Co. Ltd.     2,150      4,419
Globalwafers Co. Ltd.     1,000     18,475
Hon Hai Precision Industry Co. Ltd.    18,000     58,882
Hotai Motor Co. Ltd.        20        405
Hua Nan Financial Holdings Co. Ltd.    16,000     11,022
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
  Shares Value
Taiwan–(continued)
MediaTek, Inc.     5,000    $154,288
Mega Financial Holding Co. Ltd.    25,000     30,031
Nan Ya Plastics Corp.    14,000     27,132
Nan Ya Printed Circuit Board Corp.     1,000      7,219
Novatek Microelectronics Corp.     2,000     32,579
Pegatron Corp.     3,000      7,909
Powerchip Semiconductor Manufacturing Corp.     8,000      6,879
Quanta Computer, Inc.     6,000     47,442
Realtek Semiconductor Corp.     1,000     14,965
Taiwan Cooperative Financial Holding Co. Ltd.    32,000     25,962
Taiwan Semiconductor Manufacturing Co. Ltd., ADR     7,094    801,338
Unimicron Technology Corp.     5,000     28,051
Uni-President Enterprises Corp.     5,000     11,554
United Microelectronics Corp., ADR     4,899     37,771
Wan Hai Lines Ltd.     5,000      7,807
Yageo Corp.     1,000     17,589
Yang Ming Marine Transport Corp.     4,000      6,099
Yuanta Financial Holding Co. Ltd.    32,274     27,823
      1,659,844
Turkey–0.38%
Ford Otomotiv Sanayi A.S.       459     13,332
KOC Holding A.S.     5,129     27,089
Turk Hava Yollari AO(a)     8,650     77,538
      117,959
United Kingdom–6.13%
Aviva PLC     2,603     14,209
BAE Systems PLC    13,932    207,538
Barclays PLC    16,586     30,822
BP PLC    12,274     71,685
British American Tobacco PLC(d)     2,424     71,468
BT Group PLC     3,853      5,459
Coca-Cola Europacific Partners PLC       663     45,681
Compass Group PLC     3,930    108,247
Diageo PLC       587     21,201
Haleon PLC    14,366     58,351
HSBC Holdings PLC    54,351    424,356
Imperial Brands PLC       408      9,794
Legal & General Group PLC     1,837      5,909
Lloyds Banking Group PLC    37,739     20,230
London Stock Exchange Group PLC     1,199    135,624
National Grid PLC     2,348     31,273
NatWest Group PLC     5,639     15,914
Reckitt Benckiser Group PLC     1,914    138,384
RELX PLC     7,145    294,903
Standard Chartered PLC     1,888     14,269
Tesco PLC    31,258    113,267
Unilever PLC       766     37,274
Vodafone Group PLC    46,568     39,589
      1,915,447
United States–4.40%
ARM Holdings PLC, ADR(a)       281     19,858
Atlassian Corp., Class A(a)       587    146,615
Experian PLC       230      9,573
Ferguson PLC       638    119,297
  Shares Value
United States–(continued)
Ferrovial SE     1,199     $45,724
GSK PLC     2,450     48,456
Holcim AG(a)       306     23,372
JBS S.A.     4,100     19,389
Roche Holding AG       638    181,649
Sanofi S.A.     3,725    373,042
Spotify Technology S.A.(a)       587    126,411
Stellantis N.V.     7,476    164,671
Swiss Re AG       842     96,409
      1,374,466
Vietnam–0.00%
Vietnam Dairy Products JSC         2          6
Total Common Stocks & Other Equity Interests (Cost $22,056,788) 25,315,989
  Principal
Amount 		 
U.S. Treasury Securities–9.16%
U.S. Treasury Bills–9.16%
4.66 - 4.69%, 02/22/2024(e)   $1,506,033  1,506,033
5.14%, 07/25/2024(e)   1,356,141  1,356,231
Total U.S. Treasury Securities (Cost $2,862,174) 2,862,264
Event-Linked Bonds–0.15%
Multinational–0.15%
Sector Re V Ltd., Series 2019-1, Class A, Catastrophe Linked Notes, 0.00%, 03/01/2024(b)(c)(f)
(Cost $81,903) 		     81,903     45,444
  Shares  
Preferred Stocks–0.05%
Multinational–0.05%
Harambee Re Ltd., Pfd.(c)         8      1,381
Mt. Logan Re Ltd., Pfd.(c)        50      9,182
Thopas Re Ltd., Pfd.(c)         5      2,640
Viribus Re Ltd., Pfd.(c)    33,312      3,360
Total Preferred Stocks (Cost $85,244) 16,563
Money Market Funds–5.45%
Invesco Government & Agency Portfolio, Institutional Class, 5.24%(g)(h)   596,413    596,413
Invesco Liquid Assets Portfolio, Institutional Class, 5.42%(g)(h)   425,940    426,195
Invesco Treasury Portfolio, Institutional Class, 5.22%(g)(h)   681,615    681,615
Total Money Market Funds (Cost $1,704,080) 1,704,223
TOTAL INVESTMENTS IN SECURITIES (excluding Investments purchased with cash collateral from securities on loan)-95.78% (Cost $26,790,189)     29,944,483
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–0.18%
Invesco Private Government Fund, 5.29%(g)(h)(i)    16,438     16,438
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
  Shares Value
Money Market Funds–(continued)
Invesco Private Prime Fund, 5.52%(g)(h)(i)    40,572     $40,600
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $57,038) 57,038
TOTAL INVESTMENTS IN SECURITIES—95.96% (Cost $26,847,227) 30,001,521
OTHER ASSETS LESS LIABILITIES–4.04% 1,263,833
NET ASSETS–100.00% $31,265,354
Investment Abbreviations:
ADR – American Depositary Receipt
BDR – Brazilian Depositary Receipt
BR – Bearer Shares
CPO – Certificates of Ordinary Participation
Pfd. – Preferred
Notes to Schedule of Investments:
(a) Non-income producing security.
(b) 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 January 31, 2024 was $172,933, which represented less than 1% of the Fund’s Net Assets.
(c) Security valued using significant unobservable inputs (Level 3). See Note 1.
(d) All or a portion of this security was out on loan at January 31, 2024.
(e) Security traded on a discount basis. The interest rate shown represents the discount rate at the time of purchase by the Fund.
(f) Zero coupon bond issued at a discount.
(g) Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024.
    
  Value
October 31, 2023 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain 		Value
January 31, 2024 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $1,066,143 $942,654 $(1,412,384) $- $- $596,413 $10,498
Invesco Liquid Assets Portfolio, Institutional Class 761,496 673,324 (1,008,847) 23 199 426,195 7,760
Invesco Treasury Portfolio, Institutional Class 1,218,450 1,077,319 (1,614,154) - - 681,615 11,986
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund - 16,672 (234) - - 16,438 21*
Invesco Private Prime Fund - 40,600 - - - 40,600 55*
Total $3,046,089 $2,750,569 $(4,035,619) $23 $199 $1,761,261 $30,320
    
* 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.
    
(h) The rate shown is the 7-day SEC standardized yield as of January 31, 2024.
(i) 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.
    
Open Exchange-Traded Index Options Written
Description Type of
Contract 		Expiration
Date 		Number of
Contracts 		Exercise
Price 		Notional
Value* 		    Value
Equity Risk
MSCI EAFE Index Call 02/16/2024 45 USD 2,300.00 USD 10,350,000     $(15,075)
    
* Notional Value is calculated by multiplying the Number of Contracts by the Exercise Price by the multiplier.
    
Open Futures Contracts(a)
Long Futures Contracts Number of
Contracts 		Expiration
Month 		Notional
Value 		Value Unrealized
Appreciation
(Depreciation)
Currency Risk
Canadian Dollar 32 March-2024 $2,389,280 $(5,665) $(5,665)
See accompanying notes which are an integral part of this schedule.
Invesco Advantage International Fund
Open Futures Contracts(a)—(continued)
Long Futures Contracts Number of
Contracts 		Expiration
Month 		Notional
Value 		Value Unrealized
Appreciation
(Depreciation)
Equity Risk
S&P/TSX 60 Index 13 March-2024 $2,457,570 $76,081 $76,081
Total Futures Contracts $70,416 $70,416
    
(a) Futures contracts collateralized by $953,895 cash held with Merrill Lynch International, the futures commission merchant.
    
Open Over-The-Counter Total Return Swap Agreements(a)
Counterparty Pay/
Receive 		Reference Entity Floating
Rate
Index 		Payment
Frequency 		Number of
Contracts 		Maturity Date Notional Value Upfront
Payments
Paid
(Received) 		Value Unrealized
Appreciation
(Depreciation)
Equity Risk                      
BNP Paribas S.A. Receive MSCI Emerging Markets Minimum Volatility Index SOFR + 0.350% Monthly 1,205 February—2024 USD 2,527,343 $— $37,620 $37,620
Equity Risk                      
Merrill Lynch International Receive MSCI Emerging Markets Minimum Volatility Index SOFR + 0.610% Monthly 572 May—2024 USD 1,097,903 — (1,161) (1,161)
Total — Total Return Swap Agreements         $— $36,459 $36,459
    
(a) The Fund receives or pays payments based on any positive or negative return on the Reference Entity, respectively.
    
Abbreviations:
SOFR —Secured Overnight Financing Rate
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 Advantage International Fund
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2024
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
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 January 31, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Australia $— $886,584 $— $886,584
Austria — 16,914 — 16,914
Belgium — 41,012 — 41,012
Brazil 984,875 — — 984,875
Chile — 50,764 — 50,764
China 344,660 2,362,442 — 2,707,102
Colombia 23,172 — — 23,172
Czech Republic — 12,172 — 12,172
Denmark — 924,812 — 924,812
Finland — 31,702 — 31,702
France — 1,730,551 — 1,730,551
Germany — 1,722,785 — 1,722,785
Hong Kong — 168,261 — 168,261
Hungary — 23,631 — 23,631
Indonesia — 190,591 — 190,591
Israel 28,449 — — 28,449
Italy — 675,025 — 675,025
Japan — 4,419,516 — 4,419,516
Luxembourg — 37,234 — 37,234
Malaysia — 83,056 — 83,056
Mexico 260,416 — — 260,416
Multinational — — 62,007 62,007
Netherlands — 1,107,948 — 1,107,948
Peru 7,570 — — 7,570
Philippines — 43,341 — 43,341
Poland — 76,266 — 76,266
Russia — — — —
Singapore — 95,157 — 95,157
South Africa — 344,818 — 344,818
South Korea — 884,751 — 884,751
Spain — 706,477 — 706,477
Sweden — 520,226 — 520,226
Switzerland — 1,443,089 — 1,443,089
Taiwan 915,403 744,441 — 1,659,844
Turkey — 117,959 — 117,959
United Kingdom 45,681 1,869,766 — 1,915,447
United States 312,273 3,924,457 — 4,236,730
Vietnam — 6 — 6
Money Market Funds 1,704,223 57,038 — 1,761,261
Total Investments in Securities 4,626,722 25,312,792 62,007 30,001,521
Invesco Advantage International Fund
  Level 1 Level 2 Level 3 Total
Other Investments - Assets*        
Futures Contracts $76,081 $— $— $76,081
Swap Agreements — 37,620 — 37,620
  76,081 37,620 — 113,701
Other Investments - Liabilities*        
Futures Contracts (5,665) — — (5,665)
Options Written (15,075) — — (15,075)
Swap Agreements — (1,161) — (1,161)
  (20,740) (1,161) — (21,901)
Total Other Investments 55,341 36,459 — 91,800
Total Investments $4,682,063 $25,349,251 $62,007 $30,093,321
    
* Futures contracts and swap agreements are valued at unrealized appreciation (depreciation). Options written are shown at value.
Invesco Advantage International Fund