Class A, C, R, Y and Investor | Invesco Diversified Dividend Fund

<b>Fund Summary </b>

<b>Investment Objective(s) </b>

The Fund’s investment objective is long-term growth of capital and,

secondarily, current income.

<b>Fees and Expenses of the Fund </b>

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). Investors may pay commissions and/or other forms of compensation to an intermediary, such as a broker, for transactions in Class Y shares, which are not reflected in the table or the Example below.

<b>Shareholder Fees</b> (fees paid directly from your investment)

Shareholder Fees - Class A, C, R, Y and Investor - Invesco Diversified Dividend Fund	Class A		Class C	Class R	Class Y	Investor Class
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)	5.50%		none	none	none	none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)	none	[1]	1.00%	none	none	none

<b>Annual Fund Operating Expenses</b> (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses - Class A, C, R, Y and Investor - Invesco Diversified Dividend Fund		Class A	Class C	Class R	Class Y	Investor Class
Management Fees		0.38%	0.38%	0.38%	0.38%	0.38%
Distribution and/or Service (12b-1) Fees		0.25%	1.00%	0.50%	none	0.20%
Other Expenses		0.17%	0.17%	0.17%	0.17%	0.17%
Acquired Fund Fees and Expenses		0.02%	0.02%	0.02%	0.02%	0.02%
Total Annual Fund Operating Expenses		0.82%	1.57%	1.07%	0.57%	0.77%
Fee Waiver and/or Expense Reimbursement	[1]	0.01%	0.01%	0.01%	0.01%	0.01%
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement		0.81%	1.56%	1.06%	0.56%	0.76%

<b>Example.</b>

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions, your costs would be:

Expense Example - Class A, C, R, Y and Investor - Invesco Diversified Dividend Fund - USD ($)	1 Year	3 Years	5 Years	10 Years
Class A	628	796	979	1,507
Class C	259	495	854	1,867
Class R	108	339	589	1,305
Class Y	57	182	317	713
Investor Class	78	245	427	953

You would pay the following expenses if you did not redeem your shares:

Expense Example, No Redemption - Class A, C, R, Y and Investor - Invesco Diversified Dividend Fund - USD ($)	1 Year	3 Years	5 Years	10 Years
Class A	628	796	979	1,507
Class C	159	495	854	1,867
Class R	108	339	589	1,305
Class Y	57	182	317	713
Investor Class	78	245	427	953

<b>Portfolio Turnover.</b>

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 10% of the average value of its portfolio.

<b>Principal Investment Strategies of the Fund </b>

The Fund invests primarily in dividend-paying equity securities. The principal type of equity security in which the Fund invests is common stock.

The Fund invests in securities that the portfolio managers believe are undervalued based on various valuation measures.

The Fund may invest up to 25% of its net assets in securities of foreign issuers.

In selecting investments, the portfolio managers seek to identify dividend-paying issuers with strong profitability, solid balance sheets and capital allocation policies that support sustained or increasing dividends and share repurchases. Through fundamental research, financial statement analysis and the use of several valuation techniques, the management team estimates a target price for each security over a 2-3 year investment horizon. The portfolio managers seek to manage risk by utilizing a valuation framework, careful stock selection and a rigorous buy-and-sell discipline and incorporate an assessment of the potential reward relative to the downside risk to determine a fair valuation over the investment horizon. When evaluating cyclical businesses, the management team seeks companies that have normalized earnings power greater than that implied by their current market valuation and that return capital to shareholders via dividends and share repurchases. The portfolio managers then construct a portfolio they believe provides the best total return profile, which is created by seeking a combination of price appreciation potential, dividend income and capital preservation.

The portfolio managers maintain a rigorous sell discipline and consider selling or trimming a position in a stock when it no longer materially meets our investment criteria, including when (1) a stock reaches its fair valuation (target price); (2) a company’s fundamental business prospects deteriorate; or (3) a more attractive investment opportunity presents itself.

<b>Principal Risks of Investing in the Fund </b>

As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:

Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful.

Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective.

Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. Individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.

Value Investing Style Risk. A value investing style subjects the Fund to the risk that the valuations never improve or that the returns on value equity securities are less than returns on other styles of investing or the overall stock market.

<b>Performance Information </b>

The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order). For more information on the benchmarks used see the “Benchmark Descriptions” section in the prospectus. The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.

Updated performance information is available on the Fund's website at www.invesco.com/us.

<b>Annual Total Returns </b>

The bar chart does not reflect sales loads. If it did, the annual total returns shown would be lower.

Best Quarter (ended June 30, 2009): 17.60%
Worst Quarter (ended September 30, 2011): -14.72%

<b>Average Annual Total Returns</b> (for the periods ended December 31, 2018)

Average Annual Total Returns - Class A, C, R, Y and Investor - Invesco Diversified Dividend Fund	1 Year	5 Years	10 Years	Inception Date
Class A shares:	(12.83%)	4.20%	10.19%	Dec. 31, 2001
Class A shares: | Return After Taxes on Distributions	(14.27%)	3.07%	9.36%	Dec. 31, 2001
Class A shares: | Return After Taxes on Distributions and Sale of Fund Shares	(6.48%)	3.23%	8.38%	Dec. 31, 2001
Class C shares:	(9.35%)	4.59%	9.98%	Dec. 31, 2001
Class R shares:	(8.02%)	5.12%	10.56%	Oct. 25, 2005
Class Y shares:	(7.53%)	5.65%	11.09%	Oct. 03, 2008
Investor Class shares:	(7.75%)	5.43%	10.85%	Jul. 15, 2005
Russell 1000 Value Index (reflects no deductions for fees, expenses or taxes)	(8.27%)	5.95%	11.18%
S&P 500 Index (reflects no deductions for fees, expenses or taxes)	(4.38%)	8.49%	13.12%
Lipper Large-Cap Value Funds Index	(7.58%)	5.95%	11.03%

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary.

[1] A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).”

[1] Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive a portion of the Fund's management fee in an amount equal to the net management fee that Invesco earns on the Fund's investments in certain affiliated funds, which will have the effect of reducing the Acquired Fund Fees and Expenses. Unless Invesco continues the fee waiver agreement, it will terminate on June 30, 2020. During its term, the fee waiver agreement cannot be terminated or amended to reduce the advisory fee waiver without approval of the Board of Trustees.