NPORT-EX 2 edgar.htm
Schedule of Investments
March 31, 2022
(Unaudited)
Invesco Income Allocation Fund
Schedule of Investments in Affiliated Issuers–100.04%(a)
  % of
Net
Assets
03/31/22 		Value
12/31/21 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain (Loss) 		Dividend
Income 		Shares
03/31/22 		Value
03/31/22
Alternative Funds–17.40%
Invesco Global Real Estate Income Fund, Class R6 7.42% $41,034,793 $224,646 $— $(1,758,431) $— $224,646 4,123,278 $39,501,008
Invesco Multi-Asset Income Fund, Class R6 9.98% 55,614,278 852,382 — (3,379,461) — 852,382 5,801,880 53,087,199
Total Alternative Funds   96,649,071 1,077,028 — (5,137,892) — 1,077,028   92,588,207
Domestic Equity Funds–17.26%
Invesco Dividend Income Fund, Class R6 5.87% 31,946,296 168,845 (1,809,987) 822,570 103,923 168,845 1,182,569 31,231,647
Invesco S&P 500® Enhanced Value ETF 4.98% 27,368,941 — (1,084,650) 11,405 242,047 138,728 592,096 26,537,743
Invesco S&P 500® High Dividend Low Volatility ETF(b) 6.41% 35,582,790 — (2,923,388) 1,214,983 235,831 316,905 722,522 34,110,216
Total Domestic Equity Funds   94,898,027 168,845 (5,818,025) 2,048,958 581,801 624,478   91,879,606
Fixed Income Funds–58.00%
Invesco Core Plus Bond Fund, Class R6 12.30% 68,716,297 1,837,838 — (5,058,896) — 412,019 6,396,020 65,495,239
Invesco Corporate Bond Fund, Class R6 2.40% 13,871,716 110,845 — (1,184,578) — 120,363 1,833,522 12,797,983
Invesco Fundamental High Yield® Corporate Bond ETF 6.63% 37,307,510 — — (2,017,142) — 278,942 1,921,087 35,290,368
Invesco Income Fund, Class R6 5.96% 32,883,295 267,235 (195,512) (1,247,276) (7,626) 267,236 4,187,598 31,700,116
Invesco International Bond Fund, Class R6 5.46% 30,762,705 227,373 — (1,934,914) — 227,373 6,078,486 29,055,164
Invesco Master Loan Fund, Class R6 9.37% 49,377,632 561,133 — (80,103) — 551,783 3,106,478 49,858,662
Invesco Taxable Municipal Bond ETF(b) 11.49% 65,514,262 2,356,425 — (6,719,630) — 428,150 2,061,040 61,151,057
Invesco Variable Rate Preferred ETF(b) 4.39% 24,787,866 — — (1,415,356) — 273,412 956,322 23,372,510
Total Fixed Income Funds   323,221,283 5,360,849 (195,512) (19,657,895) (7,626) 2,559,278   308,721,099
Foreign Equity Funds–6.97%
Invesco S&P International Developed Low Volatility ETF 6.97% 38,793,366 — (727,967) (942,598) (3,267) 281,317 1,192,021 37,119,534
Money Market Funds–0.41%
Invesco Government & Agency Portfolio, Institutional Class, 0.25%(c) 0.14% 1,707,412 4,768,424 (5,722,554) — — 39 753,282 753,282
Invesco Liquid Assets Portfolio, Institutional Class, 0.25%(c) 0.11% 1,249,536 3,406,017 (4,087,537) (8) (268) 73 567,910 567,740
Invesco Treasury Portfolio, Institutional Class, 0.16%(c) 0.16% 1,951,328 5,449,627 (6,540,061) — — 73 860,894 860,894
Total Money Market Funds   4,908,276 13,624,068 (16,350,152) (8) (268) 185   2,181,916
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan)
(Cost $499,157,043) 		100.04% 558,470,023 20,230,790 (23,091,656) (23,689,435) 570,640 4,542,286   532,490,362
Investments Purchased with Cash Collateral from Securities on Loan                  
Money Market Funds–3.33%
Invesco Private Government Fund, 0.31%(c)(d) 1.00% 1,554,594 42,023,441 (38,255,365) — — 1,176(e) 5,322,670 5,322,670
Invesco Private Prime Fund, 0.34%(c)(d) 2.33% 3,627,386 93,359,458 (84,565,121) 813 (2,973) 2,934(e) 12,420,805 12,419,563
Total Investments Purchased with Cash Collateral from Securities on Loan
(Cost $17,741,420) 		3.33% 5,181,980 135,382,899 (122,820,486) 813 (2,973) 4,110   17,742,233
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $516,898,463)  103.37% $563,652,003 $155,613,689 $(145,912,142) $(23,688,622) $567,667 $4,546,396   $550,232,595
OTHER ASSETS LESS LIABILITIES (3.37)%               (17,948,613)
NET ASSETS 100.00%               $532,283,982
Investment Abbreviations:
ETF - Exchange-Traded Fund
See accompanying notes which are an integral part of this schedule.
Invesco Income Allocation Fund
Notes to Schedule of Investments:
(a) Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser.
(b) All or a portion of this security was out on loan at March 31, 2022.
(c) The rate shown is the 7-day SEC standardized yield as of March 31, 2022.
(d) 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.
(e) 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.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Income Allocation Fund
Notes to Quarterly Schedule of Portfolio Holdings
March 31, 2022
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect 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.
The following is a summary of the tiered valuation input levels, as of March 31, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Affiliated Issuers $530,308,446 $— $— $530,308,446
Money Market Funds 2,181,916 17,742,233 — 19,924,149
Total Investments $532,490,362 $17,742,233 $— $550,232,595
Invesco Income Allocation Fund