SCHEDULE OF INVESTMENTS January 31, 2020 Unaudited
Shares | Value | Shares | Value | |||||||
Common Stocks—94.2% | Oil, Gas & Consumable Fuels (Continued) | |||||||||
Consumer Discretionary—6.6% | Marathon | |||||||||
Automobiles—2.4% | Petroleum Corp. | 29,586 | $ 1,612,437 | |||||||
General Motors Co. | 69,403 | $ 2,317,366 | Royal Dutch | |||||||
Harley-Davidson, | Shell plc, Cl. A, | |||||||||
Inc. | 70,477 | 2,353,932 | Sponsored ADR | 21,754 | 1,134,471 | |||||
Subaru Corp. | 44,900 | 1,119,686 | SFL Corp. Ltd. | 75,218 | 995,886 | |||||
5,790,984 | Suncor Energy, Inc. | 149,837 | 4,583,514 | |||||||
Entertainment—0.6% | TOTAL SA | 66,125 | 3,222,319 | |||||||
Nintendo Co. Ltd. | 4,200 | 1,555,620 | 22,302,165 | |||||||
Hotels, Restaurants & Leisure—1.0% | Financials—12.7% | |||||||||
McDonald's Corp. | 11,924 | 2,551,378 | Commercial Banks—5.3% | |||||||
Cullen/Frost | ||||||||||
Multiline Retail—1.6% | Bankers, Inc. | 17,304 | 1,542,824 | |||||||
Target Corp. | 35,362 | 3,915,988 | M&T Bank Corp. | 27,048 | 4,558,129 | |||||
Specialty Retail—1.0% | Regions Financial | |||||||||
Lowe's Cos. , Inc. | 20,210 | 2,349,210 | Corp. | 242,803 | 3,780,443 | |||||
Zions Bancorp NA | 68,400 | 3,111,516 | ||||||||
Consumer Staples—15.8% | 12,992,912 | |||||||||
Beverages—6.0% | ||||||||||
Coca-Cola Co. (The) | 111,320 | 6,501,088 | Insurance—3.4% | |||||||
Coca-Cola | Chubb Ltd. | 17,706 | 2,691,135 | |||||||
European Partners | Hartford Financial | |||||||||
plc | 67,190 | 3,534,866 | Services Group, Inc. | |||||||
Molson Coors | (The) | 34,097 | 2,021,270 | |||||||
Beverage Co. , Cl. B | 84,857 | 4,716,352 | Prudential Financial, | |||||||
14,752,306 | Inc. | 29,495 | 2,685,815 | |||||||
Travelers Cos. , Inc. | ||||||||||
Food & Staples Retailing—1.0% | (The) | 7,343 | 966,486 | |||||||
Walmart, Inc. | 21,260 | 2,434,057 | 8,364,706 | |||||||
Food Products—5.5% | Real Estate Investment Trusts (REITs)—4.0% | |||||||||
Campbell Soup Co. | 109,277 | 5,287,914 | Crown Castle | |||||||
General Mills, Inc. | 83,920 | 4,382,303 | International Corp. | 20,130 | 3,016,279 | |||||
Kraft Heinz Co. | Equity Residential | 31,973 | 2,656,317 | |||||||
(The) | 69,390 | 2,026,188 | Park Hotels & | |||||||
Nestle SA | 17,592 | 1,942,051 | Resorts, Inc. | 77,590 | 1,702,325 | |||||
13,638,456 | Weyerhaeuser Co. | 82,869 | 2,399,057 | |||||||
Household Products—3.3% | 9,773,978 | |||||||||
Kimberly-Clark | Health Care—13.6% | |||||||||
Corp. | 10,952 | 1,568,765 | Health Care Equipment & Supplies—1.1% | |||||||
Procter & Gamble | Medtronic plc | 24,241 | 2,798,381 | |||||||
Co. (The) | 52,070 | 6,488,963 | ||||||||
8,057,728 | Health Care Providers & Services—0.6% | |||||||||
UnitedHealth | ||||||||||
Energy—9.1% | Group, Inc. | 5,376 | 1,464,691 | |||||||
Oil, Gas & Consumable Fuels—9.1% | ||||||||||
BP plc, Sponsored | Pharmaceuticals—11.9% | |||||||||
ADR | 176,190 | 6,365,745 | AstraZeneca plc, | |||||||
Chevron Corp. | 29,252 | 3,134,059 | Sponsored ADR | 83,567 | 4,069,713 | |||||
Enbridge, Inc. | 30,827 | 1,253,734 | Bayer AG | 50,637 | 4,088,870 | |||||
Eli Lilly & Co. | 22,376 | 3,124,585 |
1 INVESCO OPPENHEIMER DIVIDEND OPPORTUNITY FUND
SCHEDULE OF INVESTMENTS Unaudited / Continued
Shares | Value | Shares | Value | |||||||
Pharmaceuticals (Continued) | Containers & Packaging (Continued) | |||||||||
GlaxoSmithKline | Sonoco Products | |||||||||
plc, Sponsored ADR | 47,465 | $ 2,221,362 | Co. | 21,563 | $ | 1,232,110 | ||||
Johnson & Johnson | 23,269 | 3,464,056 | 2,443,937 | |||||||
Merck & Co. , Inc. | 55,486 | 4,740,724 | Metals & Mining—0.3% | |||||||
Novartis AG, | BHP Group Ltd. , | |||||||||
Sponsored ADR | 32,770 | 3,097,093 | Sponsored ADR | 14,450 | 738,539 | |||||
Pfizer, Inc. | 115,390 | 4,297,123 | ||||||||
29,103,526 | Telecommunication Services—5.8% | |||||||||
Diversified Telecommunication Services—5.8% | ||||||||||
Industrials—9.5% | AT&T, Inc. | 170,440 | 6,411,953 | |||||||
Aerospace & Defense—3.3% | BT Group plc | 572,050 | 1,219,080 | |||||||
General Dynamics | Nippon Telegraph & | |||||||||
Corp. | 8,550 | 1,500,012 | Telephone Corp. | 63,200 | 1,609,110 | |||||
Lockheed Martin | Verizon | |||||||||
Corp. | 15,223 | 6,517,271 | Communications, | |||||||
8,017,283 | Inc. | 86,533 | 5,143,521 | |||||||
Electrical Equipment—1.9% | 14,383,664 | |||||||||
ABB Ltd. | 145,075 | 3,376,040 | Utilities—13.8% | |||||||
Eaton Corp. plc | 13,237 | 1,250,499 | Electric Utilities—8.1% | |||||||
4,626,539 | Duke Energy Corp. | 28,110 | 2,744,379 | |||||||
Industrial Conglomerates—0.8% | Edison International | 30,787 | 2,356,745 | |||||||
Siemens AG | 16,662 | 2,063,434 | Entergy Corp. | 28,670 | 3,770,679 | |||||
Machinery—1.7% | Exelon Corp. | 93,384 | 4,444,145 | |||||||
Caterpillar, Inc. | 19,342 | 2,540,572 | Iberdrola SA | 214,783 | 2,348,996 | |||||
Kennametal, Inc. | 51,511 | 1,611,779 | NextEra Energy, Inc. | 8,287 | 2,222,573 | |||||
4,152,351 | PPL Corp. | 56,321 | 2,038,257 | |||||||
19,925,774 | ||||||||||
Trading Companies & Distributors—1.8% | ||||||||||
ITOCHU Corp. | 187,400 | 4,372,480 | Gas Utilities—1.4% | |||||||
National Fuel Gas | ||||||||||
Information Technology—4.5% | Co. | 68,710 | 2,967,585 | |||||||
Communications Equipment—2.2% | Southwest Gas | |||||||||
Cisco Systems, Inc. | 118,729 | 5,457,972 | Holdings, Inc. | 5,497 | 415,079 | |||||
IT Services—0.9% | 3,382,664 | |||||||||
International | Multi-Utilities—4.3% | |||||||||
Business Machines | Dominion Energy, | |||||||||
Corp. | 14,904 | 2,142,152 | Inc. | 53,410 | 4,579,907 | |||||
Software—1.4% | National Grid plc | 348,023 | 4,634,099 | |||||||
Microsoft Corp. | 20,441 | 3,479,671 | Public Service | |||||||
Enterprise Group, | ||||||||||
Materials—2.8% | Inc. | 21,534 | 1,274,813 | |||||||
Chemicals—1.5% | 10,488,819 | |||||||||
Dow, Inc. | 41,051 | 1,891,220 | Total Common Stocks | |||||||
DuPont de | (Cost $197,845,847) | 231,294,883 | ||||||||
Nemours, Inc. | 36,778 | 1,882,298 | ||||||||
3,773,518 | ||||||||||
Containers & Packaging—1.0% | ||||||||||
International Paper | ||||||||||
Co. | 29,760 | 1,211,827 |
2 INVESCO OPPENHEIMER DIVIDEND OPPORTUNITY FUND
Shares | Value | ||||||
Investment Company—5.4% | |||||||
Invesco Government | |||||||
& Agency Portfolio, | |||||||
Institutional Class, | |||||||
1.48%1 (Cost | |||||||
$13,345,583) | 13,345,583 | $ | 13,345,583 | ||||
Total | |||||||
Investments, | |||||||
at Value (Cost | |||||||
$211,191,430) | 99.6% | 244,640,466 | |||||
Net Other Assets | |||||||
(Liabilities) | 0.4 | 1,046,977 | |||||
Net Assets | 100.0% | $ | 245,687,443 |
Footnotes to Schedule of Investments
-
1. The money market fund and the Fund are affiliated by having the same investment adviser.The rate shown is the
7-day SEC standardized yield as of January 31, 2020.
Forward Currency Exchange Contracts as of January 31, 2020 | ||||||||||
Counter | Settlement | Currency | Currency Sold | Unrealized | Unrealized | |||||
-party | Month(s) | Purchased (000's) | (000's) | Appreciation | Depreciation | |||||
CITNA-B | 02/2020 | USD | 2,370 | EUR | 2,119 | $ | 19,382 | $ | — | |
GSCO-OT | 02/2020 | JPY | 37,663 | USD | 345 | 2,537 | — | |||
RBC | 02/2020 | USD | 2,316 | EUR | 2,074 | 14,854 | — | |||
RBS | 02/2020 | USD | 3,931 | JPY | 425,276 | 4,516 | — | |||
Total Unrealized Appreciation and Depreciation | $ | 41,289 | $ | — | ||||||
Glossary: | ||||||||||
Counterparty Abbreviations | ||||||||||
CITNA-B | Citibank NA | |||||||||
GSCO-OT | Goldman Sachs Bank USA | |||||||||
RBC | RBC Dominion Securities | |||||||||
RBS | Royal Bank of Scotland plc (The) | |||||||||
Currency abbreviations indicate amounts reporting in currencies | ||||||||||
EUR | Euro | |||||||||
JPY | Japanese Yen | |||||||||
Definitions | ||||||||||
ADR | American Depositary Receipt |
3 INVESCO OPPENHEIMER DIVIDEND OPPORTUNITY FUND
NOTES TO SCHEDULE OF INVESTMENTS January 31, 2020 Unaudited
Note 1 - Additional Valuation Information
The following is a summary of the tiered valuation input levels, as of January 31, 2020. 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 3— | |||||||
Level 1— | Level 2— | Significant | |||||
Unadjusted | Other Significant | Unobservable | |||||
Quoted Prices | Observable Inputs | Inputs | Value | ||||
Assets Table | |||||||
Investments, at Value: | |||||||
Common Stocks | |||||||
Consumer Discretionary | $ | 13,487,874 | $ 2,675,306 | $ — | $ 16,163,180 | ||
Consumer Staples | 36,940,496 | 1,942,051 | — | 38,882,547 | |||
Energy | 19,079,846 | 3,222,319 | — | 22,302,165 | |||
Financials | 31,131,596 | — | — | 31,131,596 | |||
Health Care | 29,277,728 | 4,088,870 | — | 33,366,598 | |||
Industrials | 13,420,133 | 9,811,954 | — | 23,232,087 | |||
Information Technology | 11,079,795 | — | — | 11,079,795 | |||
Materials | 6,955,994 | — | — | 6,955,994 | |||
Telecommunication Services | 11,555,474 | 2,828,190 | — | 14,383,664 | |||
Utilities | 26,814,162 | 6,983,095 | — | 33,797,257 | |||
Investment Company | 13,345,583 | — | — | 13,345,583 | |||
Total Investments, at Value | 213,088,681 | 31,551,785 | — | 244,640,466 | |||
Other Financial Instruments: | |||||||
Forward currency exchange contracts | — | 41,289 | — | 41,289 | |||
Total Assets | $ | 213,088,681 | $ 31,593,074 | $ — | $ 244,681,755 |
Forward currency exchange contracts and futures contracts, if any, are reported at their
unrealized appreciation/depreciation at measurement date, which represents the change in
the contract’s value from trade date. All additional assets and liabilities included in the above
table are reported at their market value at measurement date.
Note 2- Subsequent Event
The World Health Organization has declared the coronavirus (COVID-19) to be a public health
emergency. COVID-19 has led to increased short-term market volatility and may have adverse
long-term effects on U.S. and world economies and markets in general. COVID-19 may
adversely impact the Fund's ability to achieve its investment objective as stated in the most
recent shareholder report. Because of the uncertainties on valuation, the global economy and
business operations, values reflected in the Schedule of Investments may materially differ from
the value received upon actual sales of those investments.
4 INVESCO OPPENHEIMER DIVIDEND OPPORTUNITY FUND