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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY

Investment Company Act file number 811-03826

AIM Sector Funds (Invesco Sector Funds)¹

(Exact name of registrant as specified in charter)

11 Greenway Plaza, Suite 2500 Houston, Texas 77046

(Address of principal executive offices) (Zip code)

Philip A. Taylor 11 Greenway Plaza, Suite 2500 Houston, Texas 77046

(Name and address of agent for service)

Registrant’s telephone number, including area code: (713) 626-1919

Date of fiscal year end: 6/30², 12/31³

Date of reporting period: 3/31/11

¹		Funds included are: Invesco U.S. Small/Mid Cap Value Fund, Invesco Van Kampen American Value Fund, Invesco Van Kampen Capital Growth Fund, Invesco Van Kampen Comstock Fund and Invesco Van Kampen Enterprise Fund.

²		Funds with the fiscal year end 6/30 are: Invesco Van Kampen American Value Fund and Invesco Van Kampen Capital Growth Fund

³		Funds with the fiscal year end 12/31 are: Invesco U.S. Small/Mid Cap Value Fund, Invesco Van Kampen Comstock Fund and Invesco Van Kampen Enterprise Fund.

Schedule of Investments^(a)
March 31, 2011
(Unaudited)


	Shares		Value

Common Stocks—97.97%

Advertising—2.69%

Interpublic Group of Cos., Inc. (The)		33,300	$	418,581


Aerospace & Defense—4.37%

AAR Corp. ^(b)		10,700		296,604
AerCap Holdings N.V. (Netherlands)^(b)		30,643		385,182

				681,786


Apparel, Accessories & Luxury Goods—3.65%

Jones Group Inc. (The)		15,000		206,250
Liz Claiborne, Inc. ^(b)		67,300		362,747

				568,997


Asset Management & Custody Banks—2.81%

Federated Investors, Inc. -Class B		8,400		224,700
Janus Capital Group Inc.		17,100		213,237

				437,937


Building Products—0.93%

A.O. Smith Corp.		3,270		144,992


Construction & Farm Machinery & Heavy Trucks—6.10%

Terex Corp. ^(b)		12,700		470,408
WABCO Holdings Inc. ^(b)		7,800		480,792

				951,200


Construction Materials—1.07%

Eagle Materials Inc.		5,500		166,430


Consumer Electronics—2.70%

Harman International Industries Inc.		9,000		421,380


Data Processing & Outsourced Services—6.24%

Alliance Data Systems Corp. ^(b)		5,700		489,573
Broadridge Financial Solutions Inc.		8,600		195,134
Computer Sciences Corp.		5,900		287,507

				972,214


Electric Utilities—1.59%

NV Energy, Inc.		16,600		247,174


Electrical Components & Equipment—3.11%

Belden Inc.		12,900		484,395


Electronic Manufacturing Services—4.71%

Flextronics International Ltd. (Singapore)^(b)		19,300		144,171
Jabil Circuit, Inc.		27,900		569,997
Sanmina — SCI Corp. ^(b)		1,775		19,898

				734,066


Gas Utilities—1.92%

UGI Corp.		9,100		299,390


Health Care Facilities—2.16%

Select Medical Holdings Corp. ^(b)		27,129		218,660
VCA Antech, Inc. ^(b)		4,700		118,346

				337,006


Health Care Supplies—1.41%

Cooper Cos., Inc. (The)		3,165		219,809


Human Resource & Employment Services—1.94%

Robert Half International, Inc.		9,900		302,940


Industrial Machinery—2.54%

Snap-On, Inc.		6,600		396,396


IT Consulting & Other Services—5.01%

Acxiom Corp. ^(b)		14,700		210,945
Amdocs Ltd. ^(b)		11,000		317,350
MAXIMUS, Inc.		3,112		252,601

				780,896


Life & Health Insurance—2.99%

CNO Financial Group, Inc. ^(b)		61,956		465,290


Life Sciences Tools & Services—2.95%

PerkinElmer, Inc.		12,000		315,240
Pharmaceutical Product Development, Inc.		5,200		144,092

				459,332


Multi-Utilities—2.14%

CMS Energy Corp.		17,000		333,880


Office Electronics—1.21%

Zebra Technologies Corp. — Class A ^(b)		4,800		188,352


Office Services & Supplies—3.41%

Avery Dennison Corp.		6,600		276,936
Interface, Inc. -Class A		13,788		254,940

				531,876


Oil & Gas Equipment & Services—2.68%

Helix Energy Solutions Group Inc. ^(b)		5,200		89,440
Superior Energy Services, Inc. ^(b)		8,000		328,000

				417,440

See accompanying notes which are an integral part of this schedule.

Invesco U.S. Small/Mid Cap Value Fund


	Shares		Value

Oil & Gas Exploration & Production—2.35%

Pioneer Natural Resources Co.		3,600	$	366,912


Packaged Foods & Meats—0.82%

ConAgra Foods, Inc.		5,400		128,250


Paper Packaging—2.00%

Sealed Air Corp.		11,700		311,922


Property & Casualty Insurance—1.30%

Axis Capital Holdings Ltd.		5,800		202,536


Regional Banks—3.18%

TCF Financial Corp.		10,300		163,358
Zions Bancorp.		14,400		332,064

				495,422


Reinsurance—4.24%

Reinsurance Group of America, Inc.		5,800		364,124
Transatlantic Holdings, Inc.		6,100		296,887

				661,011


Restaurants—2.47%

AFC Enterprises, Inc. ^(b)		3,833		57,993
Wendy’s/Arby’s Group, Inc. -Class A		64,900		326,447

				384,440


Semiconductor Equipment—2.07%

Novellus Systems, Inc. ^(b)		8,700		323,031


Specialized Consumer Services—4.66%

H&R Block, Inc.		24,100		403,434
Weight Watchers International, Inc.		4,600		322,460

				725,894


Thrifts & Mortgage Finance—1.32%

TFS Financial Corp.		19,400		206,028


Tires & Rubber—2.11%

Goodyear Tire & Rubber Co. (The) ^(b)		21,900		328,062


Trading Companies & Distributors—1.12%

Watsco, Inc.		2,500		174,275

Total Common Stocks (Cost $11,182,105)				15,269,542


Money Market Funds—1.81%

Liquid Assets Portfolio — Institutional Class^(c)		140,695		140,695

Premier Portfolio — Institutional Class^(c)		140,696		140,696

Total Money Market Funds (Cost $281,391)				281,391

TOTAL INVESTMENTS—99.78% (Cost $11,463,496)				15,550,933

OTHER ASSETS LESS LIABILITIES—0.22%				34,261

NET ASSETS—100.00%			$	15,585,194

Notes to Schedule of Investments:


^(a)		Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.

^(b)		Non-income producing security.

^(c)		The money market fund and the Fund are affiliated by having the same investment adviser.

See accompanying notes which are an integral part of this schedule.

Invesco U.S. Small/Mid Cap Value Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2011
(Unaudited)

NOTE 1 — Significant Accounting Policies

Security Valuations — Securities, including restricted securities, are valued according to the following policy.

A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange (“NYSE”).

Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded.

Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments.

Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trade is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards.

Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities. The mean between the last bid and asked prices is used to value debt obligations, including Corporate Loans.

Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust’s officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security’s fair value.

Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer’s assets, general economic conditions, interest rates, investor perceptions and market liquidity.

Invesco U.S. Small/Mid Cap Value Fund

A.		Security Valuations — (continued)

		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.

B.		Securities Transactions and Investment Income — Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date.

The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain (loss) for investments no longer held and as unrealized gain (loss) for investments still held.

Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of net realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the net realized and unrealized gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund’s net asset value and, accordingly, they reduce the Fund’s total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the investment adviser.

The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class.

Country Determination — For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer’s securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

NOTE 2 — 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 the Fund’s own 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.

Invesco U.S. Small/Mid Cap Value Fund

NOTE 2 — Additional Valuation Information (continued)

The following is a summary of the tiered valuation input levels, as of March 31, 2011. 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.

During the three months ending March 31, 2011, there were no significant transfers between investment levels.


	Level		Level 2		Level 3		Total

Equity Securities	$	15,550,933	$	—	$	—	$	15,550,933

NOTE 3 — Investment Securities

Unrealized Appreciation (Depreciation) of Investment Securities on a Tax Basis


Aggregate unrealized appreciation of investment securities	$	3,839,317
Aggregate unrealized (depreciation) of investment securities		(24,632	)

Net unrealized appreciation of investment securities	$	3,814,685

Cost of investments for tax purposes is $11,736,248.

NOTE 4 — Subsequent Event

The Board of Trustees unanimously approved an Agreement and Plan of Reorganization (the “Agreement”) pursuant to which Invesco U.S. Small/Mid Cap Value Fund (the “Fund”) would transfer all of its assets and liabilities to Invesco Van Kampen Small Cap Value Fund (the “Acquiring Fund”).

The Fund’s shareholders approved the Agreement on April 14, 2011 and the reorganization was consummated on May 23, 2011. Upon closing of the reorganization, shareholders of the Fund received a corresponding class of shares of the Acquiring Fund in exchange for their shares of the Fund and the Fund liquidated and ceased operations.

Invesco U.S. Small/Mid Cap Value Fund

Schedule of Investments^(a)
March 31, 2011
(Unaudited)


	Shares		Value

Common Stocks & Other Equity Interests—93.44%

Aerospace & Defense—2.46%
Goodrich Corp.		194,804	$	16,661,586


Alternative Carriers—2.15%
TW Telecom, Inc. ^(b)		758,709		14,567,213


Asset Management & Custody Banks—2.16%
Northern Trust Corp.		288,115		14,621,836


Computer Hardware—2.09%
Diebold, Inc.		398,109		14,116,945


Data Processing & Outsourced Services—2.48%
Fidelity National Information Services, Inc.		514,006		16,802,856


Diversified Banks—1.55%
Comerica, Inc.		286,214		10,509,778


Diversified Chemicals—1.08%
PPG Industries, Inc.		76,743		7,306,701


Electric Utilities—4.67%
Edison International		493,619		18,061,519
Great Plains Energy, Inc.		675,971		13,532,940

				31,594,459


Electronic Manufacturing Services—0.89%
Flextronics International Ltd. (Singapore)^(b)		806,062		6,021,283


Food Distributors—1.68%
Sysco Corp.		410,049		11,358,357


Food Retail—1.51%
Safeway, Inc.		433,324		10,200,447


Health Care Distributors—1.25%
Henry Schein, Inc. ^(b)		120,778		8,474,992


Health Care Equipment—0.60%
Teleflex, Inc.		69,450		4,026,711


Health Care Facilities—4.92%
Brookdale Senior Living, Inc. ^(b)		628,207		17,589,796
HealthSouth Corp. ^(b)		629,613		15,727,733

				33,317,529


Heavy Electrical Equipment—1.63%
Babcock & Wilcox Co. ^(b)		329,448		10,996,974


Home Furnishings—1.85%
Mohawk Industries, Inc. ^(b)		204,250		12,489,888


Household Appliances—1.56%
Whirlpool Corp.		123,522		10,543,838


Housewares & Specialties—3.01%
Newell Rubbermaid, Inc.		1,063,234		20,339,667


Industrial Machinery—3.64%
Snap-On, Inc.		409,988		24,623,879


Insurance Brokers—4.13%
Marsh & McLennan Cos., Inc.		467,153		13,925,831
Willis Group Holdings PLC (United Kingdom)		347,401		14,021,104

				27,946,935


Integrated Oil & Gas—1.06%
Murphy Oil Corp.		98,054		7,199,125


Investment Banking & Brokerage—2.15%
Charles Schwab Corp. (The)		808,253		14,572,802


Motorcycle Manufacturers—3.11%
Harley-Davidson, Inc.		495,279		21,044,405


Multi-Utilities—2.80%
CenterPoint Energy, Inc.		372,192		6,535,692
Wisconsin Energy Corp.		405,641		12,372,050

				18,907,742


Office Electronics—2.93%
Zebra Technologies Corp. — Class A ^(b)		505,893		19,851,241


Office Services & Supplies—2.68%
Avery Dennison Corp.		432,099		18,130,874


Oil & Gas Exploration & Production—2.12%
Pioneer Natural Resources Co.		140,675		14,337,596


Oil & Gas Storage & Transportation—6.46%
El Paso Corp.		1,317,351		23,712,318
Williams Cos., Inc. (The) ^(c)		640,974		19,985,569

				43,697,887


Packaged Foods & Meats—2.13%
ConAgra Foods, Inc.		607,219		14,421,451


Paper Packaging—2.00%
Sonoco Products Co.		372,634		13,500,530


Personal Products—1.51%
Avon Products, Inc.		378,005		10,221,255

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen American Value Fund


	Shares		Value

Property & Casualty Insurance—2.06%
ACE Ltd. (Switzerland)		215,036	$	13,912,829


Regional Banks—5.06%
BB&T Corp.		404,799		11,111,733
First Horizon National Corp.		544,770		6,106,872
Wintrust Financial Corp.		300,203		11,032,460
Zions Bancorp.		260,157		5,999,220

				34,250,285


Restaurants—2.40%
Darden Restaurants, Inc.		330,246		16,224,986


Retail REIT’s—1.49%
Weingarten Realty Investors		402,900		10,096,674


Soft Drinks—1.02%
Coca-Cola Enterprises, Inc.		252,983		6,906,436


Specialty Chemicals—4.73%
Valspar Corp. (The)		367,443		14,367,021
W.R. Grace & Co. ^(b)		461,168		17,658,123

				32,025,144


Specialty Stores—1.78%
Staples, Inc.		620,593		12,051,916


Trucking—0.64%
Swift Transportation Co. ^(b)		296,495		4,358,477

Total Common Stocks & Other Equity Interests (Cost $542,692,911)				632,233,529


Money Market Funds—6.13%
Liquid Assets Portfolio — Institutional Class ^(d)		20,736,903		20,736,903

Premier Portfolio — Institutional Class ^(d)		20,736,902		20,736,902

Total Money Market Funds (Cost $41,473,805)				41,473,805

TOTAL INVESTMENTS—99.57% (Cost $584,166,716)				673,707,334

OTHER ASSETS LESS LIABILITIES—0.43%				2,902,709

NET ASSETS—100.00%			$	676,610,043


Investment Abbreviations:

REIT		— Real Estate Investment Trust

Notes to Schedule of Investments:

^(a)		Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.

^(b)		Non-income producing security.

^(c)		A portion of this security is subject to call options written. See Note 1 (D).

^(d)		The money market fund and the Fund are affiliated by having the same investment adviser.

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen American Value Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2011
(Unaudited)

NOTE 1 — Significant Accounting Policies

Security Valuations — Securities, including restricted securities, are valued according to the following policy.

Invesco Van Kampen American Value Fund

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.

Securities Transactions and Investment Income — Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date.

The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class.

C.		Country Determination — For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer’s securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

D.		Call Options Written and Purchased — The Fund may write and/or buy call options. A call option gives the purchaser of such option the right to buy, and the writer the obligation to sell, the underlying security at the stated exercise price during the option period. Options written by the Fund normally will have expiration dates between three and nine months from the date written. The exercise price of a call option may be below, equal to, or above the current market value of the underlying security at the time the option is written.

When the Fund writes a call option, an amount equal to the premium received by the Fund is recorded as an asset and an equivalent liability in the Statement of Assets and Liabilities. The amount of the liability is subsequently “marked-to-market” to reflect the current market value of the option written. If a written call option expires on the stipulated expiration date, or if the Fund enters into a closing purchase transaction, the Fund realizes a gain (or a loss if the closing purchase transaction exceeds the premium received when the option was written) without regard to any unrealized gain or loss on the underlying security, and the liability related to such option is extinguished. If a written option is exercised, the Fund realizes a gain or a loss from the sale of the underlying security and the proceeds of the sale are increased by the premium originally received. Realized and unrealized gains and losses on these contracts are included in the Statement of Operation. A risk in writing a call option is that the Fund gives up the opportunity for profit if the market price of the security increases and the option is exercised.

When the Fund buys a call option, an amount equal to the premium paid by the Fund is recorded as an investment on the Statement of Assets and Liabilities. The amount of the investment is subsequently “marked-to-market” to reflect the current value of the option purchased. Realized and unrealized gains and losses on these contracts are included in the Statement of Operations. A risk in buying an option is that the Fund pays a premium whether or not the option is exercised. In addition, there can be no assurance that a liquid secondary market will exist for any option purchased.

Put Options Purchased — The Fund may purchase put options including options on securities indexes and/or futures contracts. By purchasing a put option, the Fund obtains the right (but not the obligation) to sell the option’s underlying instrument at a fixed strike price. In return for this right, the Fund pays an option premium. The option’s underlying instrument may be a security, securities index, or a futures contract. Put options may be used by the Fund to hedge securities it owns by locking in a minimum price at which the Fund can sell. If security prices fall, the put option could be exercised to offset all or a portion of the Fund’s resulting losses. At the same time, because the maximum the Fund has at risk is the cost of the option, purchasing put options does not eliminate the potential for the Fund to profit from an

Invesco Van Kampen American Value Fund

increase in the value of the securities hedged. Realized and unrealized gains and losses on these contracts are included in the Statement of Operations. A risk in buying an option is that the Fund pays a premium whether or not the option is exercised. In addition, there can be no assurance that a liquid secondary market will exist for any option purchased.

NOTE 2 — Additional Valuation Information


	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 the Fund’s own 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.

During the three months ended March 31, 2011, there were no significant transfers between investment levels.


	Level 1		Level 2		Level 3		Total

Equity Securities	$	673,707,334	$	—	$	—	$	673,707,334

NOTE 3 — Derivative Investments

Transactions During the Period


	Call Option Contracts
	Number of			Premiums
	Contracts			Received

Beginning of period		0		$	0
Written		3,185			515,537
Expired		(435	)		(135,796	)

End of period		2,750		$	379,741

Open Options Written


											Unrealized
	Contract	Strike		Number of		Premiums					Appreciation
	Month	Price		Contracts		Received		Value			(Depreciation)

Calls
Williams Cos., Inc.	May-11	$	28		2,750	$	379,741	$	(990,000	)	$	(610,259	)

Invesco Van Kampen American Value Fund

NOTE 4 — Investment Securities

The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the period ended March 31, 2011 was $126,555,389 and $205,874,387, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.

Unrealized Appreciation (Depreciation) of Investment Securities on a Tax Basis


Aggregate unrealized appreciation of investment securities	$	106,017,469
Aggregate unrealized (depreciation) of investment securities		(16,614,659	)

Net unrealized appreciation of investment securities	$	89,402,810

Cost of investments for tax purposes is $584,304,524

NOTE 5 — Subsequent Event

The Board of Trustees unanimously approved an Agreement and Plan of Reorganization (the “Agreement”) pursuant to which the Fund would acquire all of the assets and liabilities of Invesco Mid Cap Basic Value Fund and Invesco Mid-Cap Value Fund (the “Target Funds”) in exchange for shares of the Fund.

The Target Funds’ shareholders approved the Agreement on April 14, 2011 and the reorganization was consummated on May 23, 2011. Upon closing of the reorganization, shareholders of the Target Funds received a corresponding class of shares of the Fund in exchange for their shares of the Target Funds and the Target Funds liquidated and ceased operations.

Invesco Van Kampen American Value Fund

Schedule of Investments
March 31, 2011

(Unaudited)


	Number of
Description	Shares		Value

Common Stocks 99.9%
Aerospace & Defense 3.8%
Embraer SA — ADR (Brazil)		929,023	$	31,308,075
Goodrich Corp.		895,279		76,573,213
Honeywell International, Inc.		744,639		44,462,394

				152,343,682


Apparel, Accessories & Luxury Goods 0.5%
Coach, Inc.		357,769		18,618,299


Apparel Retail 1.6%
Limited Brands, Inc.		1,910,960		62,832,365


Application Software 2.5%
Citrix Systems, Inc. (a)		839,602		61,677,163
Salesforce.com, Inc. (a)		293,217		39,167,927

				100,845,090


Asset Management & Custody Banks 2.1%
Ameriprise Financial, Inc.		982,497		60,010,917
Franklin Resources, Inc.		205,956		25,760,976

				85,771,893


Automobile Manufacturers 0.3%
Ford Motor Co. (a)		920,898		13,730,589


Biotechnology 2.8%
Dendreon Corp. (a)		837,947		31,364,356
Gilead Sciences, Inc. (a)		1,207,445		51,243,966
United Therapeutics Corp. (a)		458,756		30,745,827

				113,354,149


Cable & Satellite 3.1%
Comcast Corp., Class A		2,342,689		57,911,272
DIRECTV, Class A (a)		1,392,137		65,152,012

				123,063,284


Casinos & Gaming 1.0%
Las Vegas Sands Corp. (a)		990,329		41,811,690

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Capital Growth Fund


	Number of
Description	Shares		Value

Health Care Distributors 1.3%
McKesson Corp.		678,570	$	53,640,958


Health Care Equipment 1.3%
Baxter International, Inc.		961,053		51,675,820


Health Care Technology 0.9%
Allscripts Healthcare Solutions, Inc. (a)		1,754,125		36,819,084


Heavy Electrical Equipment 1.1%
ABB Ltd. — ADR (Switzerland) (a)		1,744,127		42,190,432


Hotels, Resorts & Cruise Lines 0.9%
Starwood Hotels & Resorts Worldwide, Inc.		624,872		36,317,561


Industrial Machinery 2.4%
Danaher Corp.		798,290		41,431,251
Ingersoll-Rand PLC (Ireland)		1,115,180		53,874,346

				95,305,597


Internet Retail 2.7%
Amazon.com, Inc. (a)		327,571		59,005,364
NetFlix, Inc. (a)		209,894		49,814,143

				108,819,507

Internet Software & Services 5.8%
Baidu, Inc. — ADR (Cayman Islands) (a)		883,972		121,820,181
Google, Inc., Class A (a)		191,702		112,377,630

				234,197,811


IT Consulting & Other Services 2.4%
Accenture PLC, Class A (Ireland)		762,250		41,900,882
Cognizant Technology Solutions Corp., Class A (a)		654,059		53,240,403

				95,141,285


Life Sciences Tools & Services 2.4%
Agilent Technologies, Inc. (a)		1,047,068		46,887,705
Illumina, Inc. (a)		679,205		47,591,894

				94,479,599

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Capital Growth Fund


	Number of
Description	Shares		Value

Managed Health Care 0.8%
UnitedHealth Group, Inc.		714,897	$	32,313,344


Movies & Entertainment 1.4%
Walt Disney Co.		1,267,353		54,610,241


Oil & Gas Drilling 0.9%
Transocean Ltd. (Switzerland) (a)		486,976		37,959,779


Oil & Gas Equipment & Services 8.2%
Cameron International Corp. (a)		845,075		48,253,783
Halliburton Co.		1,421,500		70,847,560
National Oilwell Varco, Inc.		666,844		52,860,724
Schlumberger Ltd. (Curacao)		938,471		87,521,805
Weatherford International Ltd. (Switzerland) (a)		3,142,125		71,012,025

				330,495,897


Oil & Gas Exploration & Production 1.1%
EOG Resources, Inc.		359,587		42,614,655


Other Diversified Financial Services 1.7%
JPMorgan Chase & Co.		1,497,206		69,021,197


Packaged Foods & Meats 1.6%
Mead Johnson Nutrition Co.		1,129,048		65,405,751


Pharmaceuticals 1.4%
Hospira, Inc. (a)		1,009,434		55,720,757


Precious Metals & Minerals 2.1%
Silver Wheaton Corp. (Canada) (b)		1,984,821		86,061,839


Railroads 1.8%
Union Pacific Corp.		722,928		71,085,510


Restaurants 0.5%
Chipotle Mexican Grill, Inc. (a)		80,552		21,939,948

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Capital Growth Fund


	Number of
Description	Shares		Value

Money Market Funds 0.7%
Liquid Assets Portfolio-Institutional Class (c)		13,119,135	$	13,119,135
Premier Portfolio-Institutional Class (c)		13,119,135		13,119,135

Total Money Market Funds 0.7%				26,238,270


Total Investments (excluding investments purchased with cash collateral from securities on loan) 100.6% (Cost $3,212,548,725)				4,041,063,933

Investments Purchased with Cash Collateral from Securities on Loan Money Market Funds 0.1%
Liquid Assets Portfolio-Institutional Class (c) (d) (Cost $4,422,720)		4,422,720		4,422,720


Total Investments 100.7% (Cost $3,216,971,445)				4,045,486,653


Liabilities in Excess of Other Assets (0.7%)				(28,460,263	)


Net Assets 100.0%			$	4,017,026,390


Investment Abbreviation:

ADR — American Depositary Receipt

Notes to Schedule of Investments:

(a)		Non-income producing security.

(b)		All or a portion of this security was out on loan at March 31, 2011.

(c)		The money market fund and the Fund are affiliated by having the same investment adviser.

(d)		The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transaction upon the borrower’s return of the securities loaned. See Note 1D.

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Capital Growth Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2011
(Unaudited)

NOTE 1 — Significant Accounting Policies

Security Valuations — Securities, including restricted securities, are valued according to the following policy.

Invesco Van Kampen Capital Growth Fund

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.

The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class.

Securities Lending — The Fund may lend portfolio securities having a market value up to one-third of the Fund’s total assets. Such loans are secured by collateral equal to no less than the market value of the loaned securities determined daily by the securities lending provider. Such collateral will be cash or debt securities issued or guaranteed by the U.S. Government or any of its sponsored agencies. Cash collateral received in connection with these loans is invested in short-term money market instruments or affiliated money market funds and is shown as such on the Schedule of Investments. It is the Fund’s policy to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan. Lending securities entails a risk of loss to the Fund if and to the extent that the market value of the securities loaned were to increase and the borrower did not increase the collateral accordingly, and the borrower fails to return the securities. Upon the failure of the borrower to return the securities, collateral may be liquidated and the securities may be purchased on the open market to replace the loaned securities. The Fund could experience delays and costs in gaining access to the collateral. The Fund bears the risk of any deficiency in the amount of the collateral available for return to the borrower due to any loss on the collateral invested. Dividends received on cash collateral investments for securities lending transactions, which are net of compensation to counterparties, is included in Dividends from affiliates on the Statement of Operations. The aggregate value of securities out on loan is shown as a footnote on the Statement of Assets and Liabilities, if any.

NOTE 2 — Additional Valuation Information

Level 1 —

Prices are determined using quoted prices in an active market for identical assets.

Invesco Van Kampen Capital Growth Fund

	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 the Fund’s own 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.

During the nine months ended March 31, 2011, there were no significant transfers between investment levels.


	Level 1		Level 2		Level 3		Total

Equity Securities	$	4,045,486,653	$	—	$	—	$	4,045,486,653

NOTE 3 — Investment Securities

The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended March 31, 2011 was $4,564,944,653 and $4,865,568,068, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.

Unrealized Appreciation (Depreciation) of Investment Securities on a Tax Basis



Aggregate unrealized appreciation of investment securities	$	814,764,858

Aggregate unrealized (depreciation) of investment securities		(20,358,457	)

Net unrealized appreciation of investment securities	$	794,406,401

Cost of investments for tax purposes is $3,251,080,252.

NOTE 4 — Subsequent Event

The Board of Trustees unanimously approved an Agreement and Plan of Reorganization (the “Agreement”) pursuant to which the Fund would transfer all of its assets and liabilities to Invesco Van Kampen American Franchise Fund (the “Acquiring Fund”).

Invesco Van Kampen Capital Growth Fund

Schedule of Investments
March 31, 2011
(Unaudited)


	Shares		Value

Common Stocks & Other Equity Interests—98.08%^(a)

Aerospace & Defense—2.04%

Honeywell International, Inc.		1,979,040	$	118,168,478
Textron Inc.		2,430,741		66,577,996

				184,746,474


Aluminum—1.64%

Alcoa Inc.		8,399,982		148,259,682


Asset Management & Custody Banks—2.45%

Bank of New York Mellon Corp. (The)		6,010,987		179,548,181
State Street Corp.		941,704		42,320,178

				221,868,359


Automobile Manufacturers—0.72%

General Motors Co. ^(b)		2,106,584		65,367,302


Cable & Satellite—6.00%

Comcast Corp. -Class A		13,556,405		335,114,332
DIRECTV, Class A ^(b)		1,117,364		52,292,635
Time Warner Cable Inc.		2,176,674		155,283,923

				542,690,890


Communications Equipment—0.75%

Cisco Systems, Inc.		3,950,053		67,743,409


Computer Hardware—3.40%

Dell Inc. ^(b)		7,584,055		110,044,638
Hewlett-Packard Co.		4,829,113		197,848,760

				307,893,398


Data Processing & Outsourced Services—0.33%

Western Union Co.		1,430,500		29,711,485


Department Stores—0.32%

Macy’s, Inc.		1,187,582		28,810,739


Diversified Banks—2.17%

U.S. Bancorp		2,306,815		60,969,121
Wells Fargo & Co.		4,264,036		135,169,941

				196,139,062


Drug Retail—1.49%

CVS Caremark Corp.		3,913,597		134,314,649


Electric Utilities—1.80%

American Electric Power Co., Inc.		760,778		26,733,739
FirstEnergy Corp.		1,734,228		64,322,516
PPL Corp.		2,819,399		71,330,795

				162,387,050


Electrical Components & Equipment—0.82%

Emerson Electric Co.		1,273,940		74,436,314


General Merchandise Stores—0.63%

Target Corp.		1,137,563		56,889,526


Health Care Distributors—1.21%

Cardinal Health, Inc.		2,659,526		109,386,304


Home Improvement Retail—1.56%

Home Depot, Inc. (The)		1,509,762		55,951,780
Lowe’s Cos., Inc.		3,215,752		84,992,325

				140,944,105


Household Products—0.32%

Procter & Gamble Co. (The)		465,670		28,685,272


Hypermarkets & Super Centers—1.03%

Wal-Mart Stores, Inc.		1,784,390		92,877,500


Industrial Conglomerates—1.96%

General Electric Co.		6,396,474		128,249,304
Tyco International Ltd.		1,099,899		49,242,478

				177,491,782


Industrial Machinery—1.66%

Ingersoll-Rand PLC (Ireland)		3,116,586		150,562,270


Integrated Oil & Gas—6.65%

BP PLC -ADR (United Kingdom)		2,236,658		98,726,084
Chevron Corp.		2,011,310		216,075,033
ConocoPhillips		569,431		45,474,760
Royal Dutch Shell PLC -ADR (United Kingdom)		2,341,084		170,571,380
Total SA -ADR (France)		1,165,129		71,037,915

				601,885,172


Integrated Telecommunication Services—3.02%

AT&T Inc.		3,967,338		121,400,543
Verizon Communications Inc.		3,946,147		152,084,505

				273,485,048


Internet Software & Services—3.42%

eBay Inc. ^(b)		5,306,735		164,721,054
Yahoo! Inc. ^(b)		8,690,386		144,694,927

				309,415,981


Investment Banking & Brokerage—2.31%

Goldman Sachs Group, Inc. (The)		653,404		103,544,932
Morgan Stanley		3,865,262		105,598,958

				209,143,890

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Comstock Fund


	Shares		Value

IT Consulting & Other Services—0.42%

Accenture PLC, Class A (Ireland)		682,980	$	37,543,411


Life & Health Insurance—2.95%

Aflac, Inc.		697,416		36,809,616
MetLife, Inc.		2,689,241		120,289,750
Torchmark Corp.		1,649,252		109,642,273

				266,741,639


Managed Health Care—2.64%

UnitedHealth Group, Inc.		3,783,731		171,024,641
WellPoint Inc.		975,721		68,095,569

				239,120,210


Movies & Entertainment—6.28%

News Corp. -Class B		7,257,160		135,128,319
Time Warner Inc.		3,584,004		127,948,943
Viacom Inc. -Class B		6,548,444		304,633,615

				567,710,877


Multi-Utilities—0.30%

Sempra Energy		509,296		27,247,336


Oil & Gas Drilling—0.62%

Noble Corp.		1,226,877		55,970,129


Oil & Gas Equipment & Services—4.26%

Halliburton Co.		5,127,933		255,576,181
Weatherford International Ltd. ^(b)		5,731,884		129,540,578

				385,116,759


Other Diversified Financial Services—6.46%

Bank of America Corp.		12,846,053		171,237,886
Citigroup Inc. ^(b)		29,592,437		130,798,572
JPMorgan Chase & Co.		6,125,655		282,392,696

				584,429,154


Packaged Foods & Meats—4.10%

Kraft Foods Inc. -Class A		6,441,208		201,996,283
Unilever N.V. -New York Shares (Netherlands)		5,369,819		168,397,524

				370,393,807


Paper Products—3.16%

International Paper Co.		9,473,804		285,919,405


Personal Products—0.44%

Avon Products, Inc.		1,468,583		39,710,484


Pharmaceuticals—8.09%

Abbott Laboratories		957,337		46,957,380
Bristol-Myers Squibb Co.		6,734,167		177,984,034
GlaxoSmithKline PLC -ADR (United Kingdom)		2,054,848		78,926,711
Merck & Co., Inc.		4,353,374		143,704,876
Pfizer Inc.		11,212,413		227,724,108
Roche Holding AG -ADR (Switzerland)		1,580,419		56,662,604

				731,959,713


Property & Casualty Insurance—3.31%

Allstate Corp. (The)		568,554		18,068,646
Chubb Corp. (The)		2,817,970		172,769,741
Travelers Cos., Inc. (The)		1,820,030		108,255,384

				299,093,771


Regional Banks—1.38%

PNC Financial Services Group, Inc.		1,982,553		124,881,013


Semiconductor Equipment—0.42%

KLA-Tencor Corp.		798,408		37,820,587


Semiconductors—0.56%

Intel Corp.		2,530,622		51,042,646


Soft Drinks—1.36%

Coca-Cola Co. (The)		1,321,859		87,705,344
PepsiCo, Inc.		550,102		35,432,070

				123,137,414


Specialty Stores—0.67%

Staples, Inc.		3,130,799		60,800,117


Systems Software—1.97%

Microsoft Corp.		7,040,373		178,543,859


Wireless Telecommunication Services—0.99%

Vodafone Group PLC -ADR (United Kingdom)		3,107,426		89,338,498

Total Common Stocks & Other Equity Interests (Cost $8,136,742,836)				8,871,656,492


Money Market Funds—1.56%

Liquid Assets Portfolio — Institutional Class ^(c)		70,876,130		70,876,130

Premier Portfolio — Institutional Class ^(c)		70,876,130		70,876,130

Total Money Market Funds (Cost $141,752,260)				141,752,260

TOTAL INVESTMENTS—99.64% (Cost $8,278,495,096)				9,013,408,752

OTHER ASSETS LESS LIABILITIES—0.36%				32,129,888

NET ASSETS—100.00%			$	9,045,538,640


Investment Abbreviations:

ADR		— American Depositary Receipt

Notes to Schedule of Investments:

^(a)		Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.

^(b)		Non-income producing security.

^(c)		The money market fund and the Fund are affiliated by having the same investment adviser.

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Comstock Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2011
(Unaudited)

NOTE 1 — Significant Accounting Policies

Security Valuations — Securities, including restricted securities, are valued according to the following policy.

Invesco Van Kampen Comstock Fund

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.

The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class.

NOTE 2 — Additional Valuation Information

	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 the Fund’s own 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.

During the three months ended March 31, 2011, there were no significant transfers between investment levels.

Invesco Van Kampen Comstock Fund


	Number of
Description	Shares		Value

Fertilizers & Agricultural Chemicals (continued)
Potash Corp. of Saskatchewan, Inc. (Canada)		332,630	$	19,601,886

				40,708,901


Health Care Distributors 1.3%
McKesson Corp.		159,351		12,596,697


Health Care Equipment 1.3%
Baxter International, Inc.		225,690		12,135,351


Health Care Technology 0.9%
Allscripts Healthcare Solutions, Inc. (a)		411,964		8,647,124


Heavy Electrical Equipment 1.0%
ABB Ltd. — ADR (Switzerland) (a)		409,296		9,900,870


Hotels, Resorts & Cruise Lines 0.9%
Starwood Hotels & Resorts Worldwide, Inc.		146,743		8,528,703


Industrial Machinery 2.4%
Danaher Corp.		187,586		9,735,713
Ingersoll-Rand PLC (Ireland)		261,767		12,645,964

				22,381,677


Internet Retail 2.7%
Amazon.com, Inc. (a)		76,924		13,856,320
NetFlix, Inc. (a)		49,290		11,697,996

				25,554,316


Internet Software & Services 5.8%
Baidu, Inc. — ADR (Cayman Islands) (a)		207,588		28,607,702
Google, Inc., Class A (a)		45,019		26,390,588

				54,998,290


IT Consulting & Other Services 2.4%
Accenture PLC, Class A (Ireland)		179,026		9,841,059
Cognizant Technology Solutions Corp., Class A (a)		153,596		12,502,715

				22,343,774

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Enterprise Fund


	Number of
Description	Shares		Value

Life Sciences Tools & Services 2.4%
Agilent Technologies, Inc. (a)		246,045	$	11,017,895
Illumina, Inc. (a)		159,423		11,170,770

				22,188,665


Managed Health Care 0.8%
UnitedHealth Group, Inc.		167,840		7,586,368


Movies & Entertainment 1.4%
Walt Disney Co.		297,619		12,824,403


Oil & Gas Drilling 0.9%
Transocean Ltd. (Switzerland) (a)		114,432		8,919,974


Oil & Gas Equipment & Services 7.9%
Cameron International Corp. (a)		198,454		11,331,723
Halliburton Co.		333,951		16,644,118
National Oilwell Varco, Inc.		156,598		12,413,524
Schlumberger Ltd. (Netherlands Antilles)		191,644		17,872,719
Weatherford International Ltd. (Switzerland) (a)		737,552		16,668,675

				74,930,759


Oil & Gas Exploration & Production 1.1%
EOG Resources, Inc.		84,499		10,013,977


Other Diversified Financial Services 1.7%
JPMorgan Chase & Co.		351,393		16,199,217


Packaged Foods & Meats 1.6%
Mead Johnson Nutrition Co.		265,141		15,359,618


Pharmaceuticals 1.4%
Hospira, Inc. (a)		237,050		13,085,160


Precious Metals & Minerals 1.9%
Silver Wheaton Corp. (Canada)		418,536		18,147,721

See accompanying notes which are an integral part of this schedule.

Invesco Van Kampen Enterprise Fund

Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2011
(Unaudited)

NOTE 1 — Significant Accounting Policies

Security Valuations — Securities, including restricted securities, are valued according to the following policy.

Invesco Van Kampen Enterprise Fund

		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.

B.		Securities Transactions and Investment Income — Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income (net of withholding tax, if any) is recorded on the ex-dividend date.

The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class.

C.		Country Determination — For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment adviser may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer’s securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted.

D.		Securities Lending — The Fund may lend portfolio securities having a market value up to one-third of the Fund’s total assets. Such loans are secured by collateral equal to no less than the market value of the loaned securities determined daily by the securities lending provider. Such collateral will be cash or debt securities issued or guaranteed by the U.S. Government or any of its sponsored agencies. Cash collateral received in connection with these loans is invested in short-term money market instruments or affiliated money market funds and is shown as such on the Schedule of Investments. It is the Fund’s policy to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan. Lending securities entails a risk of loss to the Fund if and to the extent that the market value of the securities loaned were to increase and the borrower did not increase the collateral accordingly, and the borrower fails to return the securities. Upon the failure of the borrower to return the securities, collateral may be liquidated and the securities may be purchased on the open market to replace the loaned securities. The Fund could experience delays and costs in gaining access to the collateral. The Fund bears the risk of any deficiency in the amount of the collateral available for return to the borrower due to any loss on the collateral invested. Dividends received on cash collateral investments for securities lending transactions, which are net of compensation to counterparties, is included in Dividends from affiliates on the Statement of Operations. The aggregate value of securities out on loan is shown as a footnote on the Statement of Assets and Liabilities, if any.

E.		Foreign Currency Translations — Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (1) sales of foreign currencies, (2) currency gains or losses realized between the trade and settlement dates on securities transactions, and (3) the difference between the amounts of dividends, interest, and foreign withholding taxes

Invesco Van Kampen Enterprise Fund

recorded on the Fund’s books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates.

The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable.

F.		Foreign Currency Contracts — The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to “lock in” the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities.

G.		Other Risks — The Fund’s investments are concentrated in comparatively narrow segment of the economy. Consequently, the Fund may tend to be more volatile than other mutual funds, and the value of the Fund’s investments may tend to rise and fall more rapidly.

Many of the products and services offered in technology-related industries are subject to rapid obsolescence, which may lower the value of the securities of the companies in this sector.

NOTE 2 — Additional Valuation Information

	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 the Fund’s own 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.

During the three months ended March 31, 2011, there were no significant transfers between investment levels.


	Level 1		Level 2		Level 3		Total

Equity Securities	$	944,642,890	$	—	$	—	$	944,642,890

NOTE 3 — Investment Securities

Invesco Van Kampen Enterprise Fund


Item 2.		Controls and Procedures.

	(a)		As of March 21, 2011, an evaluation was performed under the supervision and with the participation of the officers of the Registrant, including the Principal Executive Officer (“PEO”) and Principal Financial Officer (“PFO”), to assess the effectiveness of the Registrant’s disclosure controls and procedures, as that term is defined in Rule 30a-3(c) under the Investment Company Act of 1940 (“Act”), as amended. Based on that evaluation, the Registrant’s officers, including the PEO and PFO, concluded that, as of March 21, 2011, the Registrant’s disclosure controls and procedures were reasonably designed so as to ensure: (1) that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission; and (2) that material information relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure.

	(b)		There have been no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.


Item 3.		Exhibits.

Certifications of PEO and PFO as required by Rule 30a-2(a) under the Investment Company Act of 1940.


	Number of
Description	Shares		Value

Coal & Consumable Fuels 1.4%
Peabody Energy Corp.		771,619	$	55,525,703


Communications Equipment 2.7%
Juniper Networks, Inc. (a)		1,260,673		53,049,120
QUALCOMM, Inc.		1,008,025		55,270,011

				108,319,131


Computer Hardware 8.7%
Apple, Inc. (a)		892,770		311,085,706
Hewlett-Packard Co.		918,945		37,649,177

				348,734,883


Computer Storage & Peripherals 3.6%
EMC Corp. (a)		3,927,369		104,271,647
SanDisk Corp. (a)		852,999		39,314,724

				143,586,371


Construction & Engineering 1.6%
Foster Wheeler AG (Switzerland) (a)		1,688,511		63,521,784


Construction & Farm Machinery & Heavy Trucks 1.8%
Cummins, Inc.		270,008		29,598,277
Deere & Co.		460,214		44,590,134

				74,188,411


Data Processing & Outsourced Services 1.2%
Visa, Inc., Class A		681,924		50,203,245


Diversified Banks 0.4%
Comerica, Inc.		466,326		17,123,491


Fertilizers & Agricultural Chemicals 4.3%
CF Industries Holdings, Inc.		287,929		39,385,808
Monsanto Co.		697,993		50,436,974
Potash Corp. of Saskatchewan, Inc. (Canada)		1,417,072		83,508,053

				173,330,835


	Number of
Description	Shares		Value

Semiconductors 2.6%
Atmel Corp. (a)		2,113,719	$	28,809,990
Broadcom Corp., Class A (a)		898,982		35,401,911
Micron Technology, Inc. (a)		958,617		10,985,751
Xilinx, Inc.		932,821		30,596,529

				105,794,181


Soft Drinks 0.8%
Hansen Natural Corp. (a)		504,094		30,361,582


Specialized Finance 1.1%
Moody’s Corp.		1,290,706		43,767,840


Specialty Stores 0.5%
Tiffany & Co.		355,627		21,849,723


Systems Software 5.8%
Oracle Corp.		1,948,042		65,006,162
Red Hat, Inc. (a)		593,301		26,929,932
Rovi Corp. (a)		2,605,674		139,794,410

				231,730,504


Trucking 0.9%
J.B. Hunt Transport Services, Inc.		790,519		35,905,373


Wireless Telecommunication Services 2.1%
America Movil SAB de CV, Ser L — ADR (Mexico)		516,098		29,985,294
American Tower Corp., Class A (a)		1,017,123		52,707,314

				82,692,608

Total Common Stocks 99.9%				4,014,823,278


Investment Companies 0.0%
SPDR S&P 500 ETF Trust		18		2,385



Aggregate unrealized appreciation of investment securities	$	1,301,545,018

Aggregate unrealized (depreciation) of investment securities		(580,092,657	)

Net unrealized appreciation of investment securities	$	721,452,361

Cost of investments for tax purposes is $8,291,956,391.


	Number of
Description	Shares		Value

Common Stocks 99.4%

Aerospace & Defense 3.8%
Embraer SA — ADR (Brazil)		218,168	$	7,352,262
Goodrich Corp.		210,243		17,982,084
Honeywell International, Inc.		174,867		10,441,308

				35,775,654


Apparel, Accessories & Luxury Goods 0.5%
Coach, Inc.		84,010		4,371,880


Apparel Retail 1.6%
Limited Brands, Inc.		448,760		14,755,229


Application Software 2.5%
Citrix Systems, Inc. (a)		197,170		14,484,108
Salesforce.com, Inc. (a)		68,858		9,198,052

				23,682,160


Asset Management & Custody Banks 2.1%
Ameriprise Financial, Inc.		230,724		14,092,622
Franklin Resources, Inc.		48,366		6,049,619

				20,142,241


Automobile Manufacturers 0.3%
Ford Motor Co. (a)		216,268		3,224,556


Biotechnology 2.8%
Dendreon Corp. (a)		196,781		7,365,513
Gilead Sciences, Inc. (a)		283,575		12,034,923
United Therapeutics Corp. (a)		107,733		7,220,266

				26,620,702


Cable & Satellite 3.1%
Comcast Corp., Class A		550,169		13,600,178
DIRECTV, Class A (a)		326,923		15,299,996

				28,900,174


	Number of
Description	Shares		Value

Casinos & Gaming 1.0%
Las Vegas Sands Corp. (a)		232,563	$	9,818,810


Coal & Consumable Fuels 1.4%
Peabody Energy Corp.		181,204		13,039,440


Communications Equipment 2.7%
Juniper Networks, Inc. (a)		296,030		12,456,942
QUALCOMM, Inc.		236,720		12,979,358

				25,436,300


Computer Hardware 8.7%
Apple, Inc. (a)		209,654		73,053,936
Hewlett-Packard Co.		226,620		9,284,622

				82,338,558


Computer Storage & Peripherals 3.6%
EMC Corp. (a)		922,284		24,486,640
SanDisk Corp. (a)		200,316		9,232,565

				33,719,205


Construction & Engineering 1.6%
Foster Wheeler AG (Switzerland) (a)		396,775		14,926,676


Construction & Farm Machinery & Heavy Trucks 1.8%
Cummins, Inc.		63,408		6,950,785
Deere & Co.		108,073		10,471,193

				17,421,978


Data Processing & Outsourced Services 1.3%
Visa, Inc., Class A		160,140		11,789,507


Diversified Banks 0.4%
Comerica, Inc.		109,510		4,021,207


Fertilizers & Agricultural Chemicals 4.3%
CF Industries Holdings, Inc.		67,659		9,255,074
Monsanto Co.		164,018		11,851,941


Investment Abbreviations: ADR — American Depositary Receipt ETF — Exchange Traded Funds

SPDR — Standard & Poor’s Depositary Receipt Note to Schedule of Investments:

(a)		Non-income producing security.

(b)		The money market and the Fund are affiliated by having the same investment adviser.


Aggregate unrealized appreciation of investment securities	$	207,442,249
Aggregate unrealized (depreciation) of investment securities		(4,747,794	)

Net unrealized appreciation of investment securities	$	202,694,455

Cost of investments for tax purposes is $741,948,435.


By:		/s/ Philip A. Taylor Philip A. Taylor
		Principal Executive Officer

Date:		May 27, 2011


Date: May 27, 2011		/s/ Philip A. Taylor Philip A. Taylor, Principal Executive Officer


Date: May 27, 2011		/s/ Sheri Morris Sheri Morris, Principal Financial Officer




invesco.com/us	MS-USSMCV-QTR-1 03/11	Invesco Advisers, Inc.




invesco.com/us	VK-AMVA-QTR-1 03/11	Invesco Advisers, Inc.





invesco.com/us	VK-CGR-QTR-1 03/11	Invesco Advisers, Inc.