0001752724-20-201210.txt : 20200929 0001752724-20-201210.hdr.sgml : 20200929 20200929151942 ACCESSION NUMBER: 0001752724-20-201210 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200731 FILED AS OF DATE: 20200929 PERIOD START: 20210430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) CENTRAL INDEX KEY: 0000725781 IRS NUMBER: 840933032 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03826 FILM NUMBER: 201208656 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM SECTOR FUNDS DATE OF NAME CHANGE: 20031126 FORMER COMPANY: FORMER CONFORMED NAME: AIM SECTOR FUNDS INC DATE OF NAME CHANGE: 20031001 FORMER COMPANY: FORMER CONFORMED NAME: INVESCO SECTOR FUNDS INC DATE OF NAME CHANGE: 19990330 0000725781 S000027837 INVESCO SMALL CAP VALUE FUND C000084495 CLASS A VSCAX C000084497 CLASS C VSMCX C000084498 CLASS Y VSMIX C000177891 CLASS R6 C000217957 Class R NPORT-P 1 primary_doc.xml NPORT-P false 0000725781 XXXXXXXX S000027837 C000217957 C000084497 C000084498 C000084495 C000177891 AIM Sector Funds (Invesco Sector Funds) 811-03826 0000725781 C791731MUP758KD8DB31 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco Small Cap Value Fund S000027837 5493001J74LGVND0OZ61 2021-04-30 2020-07-31 N 964709314.77 11898591.90 952810722.87 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N BorgWarner, Inc. 549300DSFX2IE88NSX47 BorgWarner, Inc. 099724106 725304.00000000 NS USD 26546126.40000000 2.786086025568 Long EC CORP US N 1 N N N Celanese Corp. 549300FHJQTDPPN41627 Celanese Corp. 150870103 24000.00000000 NS USD 2332800.00000000 0.244833516668 Long EC CORP US N 1 N N N Spectrum Brands Holdings, Inc. 549300JM0MJETDD30O20 Spectrum Brands Holdings, Inc. 84790A105 654595.00000000 NS USD 35452865.20000000 3.720871769076 Long EC CORP US N 1 N N N Chemours Co. (The) 549300M1BOLNXL8DOV14 Chemours Co. (The) 163851108 933537.00000000 NS USD 17298440.61000000 1.815516995641 Long EC CORP US N 1 N N N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 4462354.41000000 NS USD 4462354.41000000 0.468335872266 Long STIV RF US N 1 N N N Huntsman Corp. 5299000V56320A7RIQ67 Huntsman Corp. 447011107 1443184.00000000 NS USD 26698904.00000000 2.802120437895 Long EC CORP US N 1 N N N Radian Group, Inc. 54930005OUP720S5U385 Radian Group, Inc. 750236101 385716.00000000 NS USD 5754882.72000000 0.603990129609 Long EC CORP US N 1 N N N Carlisle Cos., Inc. XR64VGX1ZPX6G7ZN7Z11 Carlisle Cos., Inc. 142339100 59102.00000000 NS USD 7037866.16000000 0.738642627656 Long EC CORP US N 1 N N N Energizer Holdings, Inc. 5493000D6NN0V57UME20 Energizer Holdings, Inc. 29272W109 280817.00000000 NS USD 14077356.21000000 1.477455686854 Long EC CORP US N 1 N N N Vistra Corp. 549300KP43CPCUJOOG15 Vistra Corp. 92840M102 251100.00000000 NS USD 4685526.00000000 0.491758319625 Long EC CORP US N 1 N N N Resources Connection, Inc. N/A Resources Connection, Inc. 76122Q105 111092.00000000 NS USD 1255339.60000000 0.131751204081 Long EC CORP US N 1 N N N NexTier Oilfield Solutions, Inc. 529900L27H2D4QT0IT24 NexTier Oilfield Solutions, Inc. 65290C105 1163711.00000000 NS USD 2932551.72000000 0.307779042532 Long EC CORP US N 1 N N N AECOM 0EEB8GF0W0NPCIHZX097 AECOM 00766T100 963422.00000000 NS USD 34866242.18000000 3.659304134925 Long EC CORP US N 1 N N N Stifel Financial Corp. 549300E5F07FE5GHJX84 Stifel Financial Corp. 860630102 19470.00000000 NS USD 943905.60000000 0.099065383852 Long EC CORP US N 1 N N N Equitable Holdings, Inc. 549300FIBAKMNHPZ4009 Equitable Holdings, Inc. 29452E101 984900.00000000 NS USD 20151054.00000000 2.114906299469 Long EC CORP US N 1 N N N Columbus McKinnon Corp. 549300W3HQB0HO1F3G69 Columbus McKinnon Corp. 199333105 216500.00000000 NS USD 7172645.00000000 0.752788022619 Long EC CORP US N 1 N N N BMC Stock Holdings, Inc. 549300GHSZDJ1FJEJG18 BMC Stock Holdings, Inc. 05591B109 18756.00000000 NS USD 480153.60000000 0.050393387529 Long EC CORP US N 1 N N N Insight Enterprises, Inc. 529900S8991TYW6YP792 Insight Enterprises, Inc. 45765U103 32322.00000000 NS USD 1610928.48000000 0.169071195499 Long EC CORP US N 1 N N N API Group Corp. 213800NZT1VX6PZ7BT53 API Group Corp. 00187Y100 1753400.00000000 NS USD 24424862.00000000 2.563453728399 Long EC CORP US Y 1 N N nVent Electric PLC N/A nVent Electric PLC G6700G107 920500.00000000 NS USD 16716280.00000000 1.754417703197 Long EC CORP IE N 1 N N N Builders FirstSource, Inc. 549300W0SKP6L3H7DP63 Builders FirstSource, Inc. 12008R107 538378.00000000 NS USD 12754174.82000000 1.338584307865 Long EC CORP US N 1 N N N Element Solutions, Inc. 549300FLGN6P5CU20J91 Element Solutions, Inc. 28618M106 1239900.00000000 NS USD 13465314.00000000 1.413220241627 Long EC CORP US N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 5151793.06400000 NS USD 5154884.14000000 0.541018695137 Long STIV RF US N 1 N N N M/I Homes, Inc. 5299005M71FH9CCSFB69 M/I Homes, Inc. 55305B101 89600.00000000 NS USD 3730048.00000000 0.391478381851 Long EC CORP US N 1 N N N TCF Financial Corp. 549300UK6KFVK4A0D603 TCF Financial Corp. 872307103 864600.00000000 NS USD 23767854.00000000 2.494499004839 Long EC CORP US N 1 N N N Kulicke & Soffa Industries, Inc. 529900H6BEIRBF429744 Kulicke & Soffa Industries, Inc. 501242101 896977.00000000 NS USD 21258354.90000000 2.231120451286 Long EC CORP US N 1 N N N Sterling Bancorp 549300LQK6SKH5ZXO648 Sterling Bancorp 85917A100 2161100.00000000 NS USD 24312375.00000000 2.551647920876 Long EC CORP US N 1 N N N Axos Financial, Inc. 529900D8M56422GK9O25 Axos Financial, Inc. 05465C100 451865.00000000 NS USD 10126294.65000000 1.062781348587 Long EC CORP US N 1 N N N Western Alliance Bancorp 5493003VJXZ5JXT9S762 Western Alliance Bancorp 957638109 529500.00000000 NS USD 19035525.00000000 1.997828586842 Long EC CORP US N 1 N N N Jabil, Inc. 5493000CGCQY2OQU7669 Jabil, Inc. 466313103 79100.00000000 NS USD 2757426.00000000 0.289399136031 Long EC CORP US N 1 N N N Dana, Inc. KVWHW7YLZPFJM8QYNJ51 Dana, Inc. 235825205 2117496.00000000 NS USD 24202979.28000000 2.540166551347 Long EC CORP US N 1 N N N Hilton Grand Vacations, Inc. 549300O9K6MFD8D07574 Hilton Grand Vacations, Inc. 43283X105 116123.00000000 NS USD 2357296.90000000 0.247404530975 Long EC CORP US N 1 N N N Crane Co. 549300X1RO9ID7AUCA83 Crane Co. 224399105 290800.00000000 NS USD 16450556.00000000 1.726529268105 Long EC CORP US N 1 N N N Brink's Co. (The) XFP140TFNOQMIVFTVQ13 Brink's Co. (The) 109696104 415400.00000000 NS USD 18422990.00000000 1.933541422005 Long EC CORP US N 1 N N N Invesco Private Prime Fund N/A Invesco Private Prime Fund N/A 2457633.54000000 NS USD 2458124.98000000 0.257986704074 Long STIV PF US N 2 N N Helix Energy Solutions Group, Inc. 416AP2JOUTCWEGSOZW41 Helix Energy Solutions Group, Inc. 42330P107 2052981.00000000 NS USD 8601990.39000000 0.902801593593 Long EC CORP US N 1 N N N Owens Corning JO5M6676RDJIZ2U8X907 Owens Corning 690742101 443179.00000000 NS USD 26799034.13000000 2.812629359299 Long EC CORP US N 1 N N N Univar Solutions, Inc. 549300VSXHFQVR770L55 Univar Solutions, Inc. 91336L107 2017900.00000000 NS USD 35656293.00000000 3.742222053567 Long EC CORP US N 1 N N N WESCO International, Inc. 529900TXOGREY3WNJ434 WESCO International, Inc. 95082P105 605616.00000000 NS USD 23540293.92000000 2.470615973872 Long EC CORP US N 1 N N N Athene Holding Ltd. 549300H316CT32FQXI76 Athene Holding Ltd., Class A G0684D107 920200.00000000 NS USD 29676450.00000000 3.114621748862 Long EC CORP BM N 1 N N N DXP Enterprises, Inc. 8HH9SCFWHN29ZIEWIE93 DXP Enterprises, Inc. 233377407 158391.00000000 NS USD 2673640.08000000 0.280605582601 Long EC CORP US N 1 N N N Eastman Chemical Co. FDPVHDGJ1IQZFK9KH630 Eastman Chemical Co. 277432100 13500.00000000 NS USD 1007505.00000000 0.105740308732 Long EC CORP US N 1 N N N Sanmina Corp. X5K24XLM8QYRXF00EB42 Sanmina Corp. 801056102 194223.00000000 NS USD 5764538.64000000 0.605003543897 Long EC CORP US N 1 N N N Kraton Corp. N/A Kraton Corp. 50077C106 835053.00000000 NS USD 10980946.95000000 1.152479363049 Long EC CORP US N 1 N N N LKQ Corp. DS830JTTZQN6GK0I2E41 LKQ Corp. 501889208 970383.00000000 NS USD 27355096.77000000 2.870989600914 Long EC CORP US N 1 N N N Valmont Industries, Inc. 5493009ZGZJJ8F77JN08 Valmont Industries, Inc. 920253101 3453.00000000 NS USD 418503.60000000 0.043923057324 Long EC CORP US N 1 N N N Team, Inc. 549300DEKHQ3OEQJWU96 Team, Inc. 878155100 517325.00000000 NS USD 2043433.75000000 0.214463765042 Long EC CORP US N 1 N N N MGIC Investment Corp. 254900S8483WM4M98R28 MGIC Investment Corp. 552848103 3010166.00000000 NS USD 24894072.82000000 2.612698642288 Long EC CORP US N 1 N N N Axalta Coating Systems Ltd. 529900AGLPA40GV6H619 Axalta Coating Systems Ltd. G0750C108 593900.00000000 NS USD 13184580.00000000 1.383756467421 Long EC CORP BM N 1 N N N Beacon Roofing Supply, Inc. 549300HDXQWWCBOYXP31 Beacon Roofing Supply, Inc. 073685109 666366.00000000 NS USD 20763964.56000000 2.179232880320 Long EC CORP US N 1 N N N TrueBlue, Inc. N/A TrueBlue, Inc. 89785X101 378102.00000000 NS USD 5834113.86000000 0.612305646857 Long EC CORP US N 1 N N N Evercore, Inc. 529900P6KLPT95DW3W58 Evercore, Inc., Class A 29977A105 176300.00000000 NS USD 9749390.00000000 1.023224210852 Long EC CORP US N 1 N N N Northern Oil and Gas, Inc. OKFF0PIZDDMNH4UCYE51 Northern Oil and Gas, Inc. 665531109 6329508.00000000 NS USD 5073100.66000000 0.532435303070 Long EC CORP US N 1 N N N JELD-WEN Holding, Inc. 529900AXX7CT9GZSCS30 JELD-WEN Holding, Inc. 47580P103 1400295.00000000 NS USD 27445782.00000000 2.880507255137 Long EC CORP US N 1 N N N Greenhill & Co., Inc. 529900VEOQHHHSPI9C69 Greenhill & Co., Inc. 395259104 29732.00000000 NS USD 356189.36000000 0.037383013378 Long EC CORP US N 1 N N N Sealed Air Corp. Q0M0CZB4YN6JZ65WXI09 Sealed Air Corp. 81211K100 479068.00000000 NS USD 17093146.24000000 1.793970809702 Long EC CORP US N 1 N N N Astec Industries, Inc. 5493002DO2QKHLKB2A48 Astec Industries, Inc. 046224101 271500.00000000 NS USD 12079035.00000000 1.267726601944 Long EC CORP US N 1 N N N Invesco Private Government Fund N/A Invesco Private Government Fund N/A 4666875.21000000 NS USD 4666875.21000000 0.489800869992 Long STIV PF US N 2 N N Motorcar Parts of America, Inc. 549300AG4610OSV3H429 Motorcar Parts of America, Inc. 620071100 23931.00000000 NS USD 398331.50000000 0.041805942191 Long EC CORP US N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 3904560.11000000 NS USD 3904560.11000000 0.409793888364 Long STIV RF US N 1 N N N AGCO Corp. LYOM0B2GCF1JWXK5ZG04 AGCO Corp. 001084102 323487.00000000 NS USD 21230451.81000000 2.228191948349 Long EC CORP US N 1 N N N Carpenter Technology Corp. DX6I6ZD3X5WNNCDJKP85 Carpenter Technology Corp. 144285103 602430.00000000 NS USD 13470334.80000000 1.413747187838 Long EC CORP US N 1 N N N ManpowerGroup, Inc. ERO1WSFOSR0JJ6CRQ987 ManpowerGroup, Inc. 56418H100 173201.00000000 NS USD 11914496.79000000 1.250457882559 Long EC CORP US N 1 N N N AerCap Holdings N.V. 549300SZYINBBLJQU475 AerCap Holdings N.V. N00985106 98500.00000000 NS USD 2652605.00000000 0.278397895440 Long EC CORP NL N 1 N N N Flex Ltd. 549300EAQH74YHD07T53 Flex Ltd. Y2573F102 2965223.00000000 NS USD 34070412.27000000 3.575779685536 Long EC CORP SG N 1 N N N First Horizon National Corp. TF3RXI1ZB1TQ30H9JV10 First Horizon National Corp. 320517105 2423210.00000000 NS USD 22463156.70000000 2.357567579879 Long EC CORP US N 1 N N N Ferroglobe Representation & Warranty Insurance Trust N/A Ferroglobe Representation & Warranty Insurance Trust SPBYW6GV6 1203948.00000000 NS USD 1.20000000 0.000000125943 Long EC CORP US N 3 N N N Parsley Energy, Inc. 549300DMRA8DSL66G562 Parsley Energy, Inc., Class A 701877102 1700803.00000000 NS USD 18674816.94000000 1.959971323973 Long EC CORP US N 1 N N N Timken Co. (The) B0I35MLPFXZSE70ASS73 Timken Co. (The) 887389104 541210.00000000 NS USD 24711648.60000000 2.593552738949 Long EC CORP US N 1 N N N Visteon Corp. 549300MOVLYHRW4GGW78 Visteon Corp. 92839U206 213000.00000000 NS USD 15465930.00000000 1.623190170804 Long EC CORP US N 1 N N N CNO Financial Group, Inc. 11XPYHB76MPM4Y4P2897 CNO Financial Group, Inc. 12621E103 1001815.00000000 NS USD 15127406.50000000 1.587661236056 Long EC CORP US N 1 N N N HollyFrontier Corp. 549300J3U2WK73C9ZK26 HollyFrontier Corp. 436106108 136500.00000000 NS USD 3753750.00000000 0.393965969305 Long EC CORP US N 1 N N N 2020-09-14 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
July 31, 2020
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–98.87%
Agricultural & Farm Machinery–2.23%
AGCO Corp. 323,487  $21,230,452
Auto Parts & Equipment–7.01%
BorgWarner, Inc. 725,304  26,546,126
Dana, Inc.(b) 2,117,496  24,202,979
Motorcar Parts of America, Inc.(b) 23,931     398,332
Visteon Corp.(b) 213,000  15,465,930
      66,613,367
Building Products–7.05%
Builders FirstSource, Inc.(b) 538,378  12,754,175
JELD-WEN Holding, Inc.(b) 1,400,295  27,445,782
Owens Corning 443,179  26,799,034
      66,998,991
Construction & Engineering–6.28%
AECOM(b) 963,422  34,866,242
API Group Corp.(b)(c)(d) 1,753,400  24,424,862
Valmont Industries, Inc. 3,453     418,504
      59,709,608
Construction Machinery & Heavy Trucks–1.27%
Astec Industries, Inc. 271,500  12,079,035
Distributors–2.88%
LKQ Corp.(b) 970,383  27,355,097
Diversified Chemicals–4.74%
Chemours Co. (The) 933,537  17,298,441
Eastman Chemical Co. 13,500   1,007,505
Huntsman Corp. 1,443,184  26,698,904
      45,004,850
Diversified Metals & Mining–0.00%
Ferroglobe Representation & Warranty Insurance Trust(b)(e) 1,203,948           0
Electrical Components & Equipment–1.76%
nVent Electric PLC 920,500  16,716,281
Electronic Manufacturing Services–4.48%
Flex Ltd.(b) 2,965,223  34,070,413
Jabil, Inc. 79,100   2,757,426
Sanmina Corp.(b) 194,223   5,764,538
      42,592,377
Environmental & Facilities Services–0.22%
Team, Inc.(b) 517,325   2,043,434
Homebuilding–0.39%
M/I Homes, Inc.(b) 89,600   3,730,048
Hotels, Resorts & Cruise Lines–0.35%
Hilton Grand Vacations, Inc.(b) 165,023   3,349,967
Household Products–5.21%
Energizer Holdings, Inc. 280,817  14,077,356
  Shares Value
Household Products–(continued)
Spectrum Brands Holdings, Inc. 654,595  $35,452,865
      49,530,221
Human Resource & Employment Services–1.87%
ManpowerGroup, Inc. 173,201  11,914,497
TrueBlue, Inc.(b) 378,102   5,834,114
      17,748,611
Independent Power Producers & Energy Traders–0.49%
Vistra Corp. 251,100   4,685,526
Industrial Conglomerates–0.74%
Carlisle Cos., Inc. 59,102   7,037,866
Industrial Machinery–5.09%
Columbus McKinnon Corp. 216,500   7,172,645
Crane Co. 290,800  16,450,556
Timken Co. (The) 541,210  24,711,649
      48,334,850
Investment Banking & Brokerage–1.16%
Evercore, Inc., Class A 176,300   9,749,390
Greenhill & Co., Inc. 29,732     356,189
Stifel Financial Corp. 19,470     943,906
      11,049,485
Life & Health Insurance–4.71%
Athene Holding Ltd., Class A(b) 920,200  29,676,450
CNO Financial Group, Inc. 1,001,815  15,127,406
      44,803,856
Oil & Gas Equipment & Services–1.21%
Helix Energy Solutions Group, Inc.(b) 2,052,981   8,601,990
NexTier Oilfield Solutions, Inc.(b) 1,163,711   2,932,552
      11,534,542
Oil & Gas Exploration & Production–2.50%
Northern Oil and Gas, Inc.(b) 6,329,508   5,073,101
Parsley Energy, Inc., Class A 1,700,803  18,674,817
      23,747,918
Oil & Gas Refining & Marketing–0.40%
HollyFrontier Corp. 136,500   3,753,750
Other Diversified Financial Services–2.12%
Equitable Holdings, Inc. 984,900  20,151,054
Paper Packaging–1.80%
Sealed Air Corp. 479,068  17,093,146
Regional Banks–9.43%
First Horizon National Corp. 2,423,210  22,463,157
Sterling Bancorp 2,161,100  24,312,375
TCF Financial Corp. 864,600  23,767,854
Western Alliance Bancorporation 529,500  19,035,525
      89,578,911
Research & Consulting Services–0.13%
Resources Connection, Inc. 111,092   1,255,340
 
See accompanying notes which are an integral part of this schedule.
Invesco Small Cap Value Fund
  Shares Value
Security & Alarm Services–1.94%
Brink’s Co. (The) 415,400  $18,422,990
Semiconductor Equipment–2.24%
Kulicke & Soffa Industries, Inc. (Singapore) 896,977  21,258,355
Specialty Chemicals–4.27%
Axalta Coating Systems Ltd.(b) 593,900  13,184,580
Celanese Corp. 24,000   2,332,800
Element Solutions, Inc.(b) 1,239,900  13,465,314
Kraton Corp.(b) 881,722  11,594,644
      40,577,338
Steel–1.42%
Carpenter Technology Corp. 602,430  13,470,335
Technology Distributors–0.17%
Insight Enterprises, Inc.(b) 32,322   1,610,928
Thrifts & Mortgage Finance–4.29%
Axos Financial, Inc.(b) 451,865  10,126,294
MGIC Investment Corp. 3,010,166  24,894,073
Radian Group, Inc. 385,716   5,754,883
      40,775,250
Trading Companies & Distributors–9.02%
AerCap Holdings N.V. (Ireland)(b) 98,500   2,652,605
Beacon Roofing Supply, Inc.(b) 666,366  20,763,964
BMC Stock Holdings, Inc.(b) 18,756     480,154
DXP Enterprises, Inc.(b) 158,391   2,673,640
Univar Solutions, Inc.(b) 2,017,900  35,656,293
WESCO International, Inc.(b) 605,616  23,540,294
      85,766,950
Total Common Stocks & Other Equity Interests (Cost $970,863,708) 939,610,729
  Shares Value
Money Market Funds–1.42%
Invesco Government & Agency Portfolio, Institutional Class, 0.07%(f)(g) 3,904,560   $3,904,560
Invesco Liquid Assets Portfolio, Institutional Class, 0.22%(f)(g) 5,151,793   5,154,884
Invesco Treasury Portfolio, Institutional Class, 0.07%(f)(g) 4,462,354   4,462,354
Total Money Market Funds (Cost $13,517,901) 13,521,798
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-100.29% (Cost $984,381,609)     953,132,527
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–0.75%
Invesco Private Government Fund, 0.06%(f)(g)(h) 4,666,875   4,666,875
Invesco Private Prime Fund, 0.15%(f)(g)(h) 2,457,634   2,458,125
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $7,125,000) 7,125,000
TOTAL INVESTMENTS IN SECURITIES–101.04% (Cost $991,506,609) 960,257,527
OTHER ASSETS LESS LIABILITIES—(1.04)% (9,889,027)
NET ASSETS–100.00% $950,368,500
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) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The value of this security at July 31, 2020 represented 2.57% of the Fund’s Net Assets.
(d) All or a portion of this security was out on loan at July 31, 2020.
(e) Security valued using significant unobservable inputs (Level 3). See Note 1.
(f) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended July 31, 2020.
    
  Value
April 30, 2020 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain 		Value
July 31, 2020 		Dividend
Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $11,727,183 $20,023,401 $(27,846,024) $- $- $3,904,560 $1,562
Invesco Liquid Assets Portfolio, Institutional Class 10,741,897 14,302,429 (19,890,017) (3,289) 3,864 5,154,884 6,141
Invesco Treasury Portfolio, Institutional Class 13,402,495 22,883,886 (31,824,027) - - 4,462,354 1,310
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund - 30,149,909 (25,483,034) - - 4,666,875 136
Invesco Private Prime Fund - 2,946,974 (488,849) - - 2,458,125 80
Total $35,871,575 $90,306,599 $(105,531,951) $(3,289) $3,864 $20,646,798 $9,229
    
(g) The rate shown is the 7-day SEC standardized yield as of July 31, 2020.
(h) 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.
See accompanying notes which are an integral part of this schedule.
Invesco Small Cap Value Fund
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 Small Cap Value Fund
Notes to Quarterly Schedule of Portfolio Holdings
July 31, 2020
(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 July 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 1 Level 2 Level 3 Total
Investments in Securities        
Common Stocks & Other Equity Interests $939,610,729 $— $0 $939,610,729
Money Market Funds 13,521,798 7,125,000 — 20,646,798
Total Investments $953,132,527 $7,125,000 $0 $960,257,527
NOTE 2—Coronavirus (COVID-19) Pandemic
During the first quarter of 2020, the World Health Organization declared 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.
The extent of the impact on the performance of the Fund and its investments will depend on future developments, including the duration and spread of the COVID-19 outbreak, related restrictions and advisories, and the effects on the financial markets and economy overall, all of which are highly uncertain and cannot be predicted.
Invesco Small Cap Value Fund