0001752724-21-211365.txt : 20210928 0001752724-21-211365.hdr.sgml : 20210928 20210928104816 ACCESSION NUMBER: 0001752724-21-211365 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20210928 PERIOD START: 20220430 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: 211284663 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 S000027832 INVESCO AMERICAN VALUE FUND C000084467 CLASS A MSAVX C000084469 CLASS C MSVCX C000084470 CLASS Y MSAIX C000084471 CLASS R5 MSAJX C000084472 CLASS R MSARX C000120719 Class R6 MSAFX NPORT-P 1 primary_doc.xml NPORT-P false 0000725781 XXXXXXXX S000027832 C000084471 C000084469 C000084472 C000084470 C000120719 C000084467 AIM Sector Funds (Invesco Sector Funds) 811-03826 0000725781 C791731MUP758KD8DB31 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco American Value Fund S000027832 549300QET3C5JKZKUD31 2022-04-30 2021-07-31 N 2045522983.72 134121250.66 1911401733.06 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 Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 15025076.12000000 NS USD 15025076.12000000 0.786076305159 Long STIV RF US N 1 N N N Wintrust Financial Corp. Q774KI4AW80FHFW33O61 Wintrust Financial Corp. 97650W108 507085.00000000 NS USD 36205869.00000000 1.894205094291 Long EC CORP US N 1 N N N Sabre Corp. 529900VKCYZW8GZ4WW58 Sabre Corp. 78573M104 2852335.00000000 NS USD 33629029.65000000 1.759390978272 Long EC CORP US N 1 N N Zions Bancorp N.A. 8WH0EE09O9V05QJZ3V89 Zions Bancorp N.A. 989701107 808406.00000000 NS USD 42158372.90000000 2.205625963962 Long EC CORP US N 1 N N N Huntington Bancshares, Inc. 549300XTVCVV9I7B5T19 Huntington Bancshares, Inc. 446150104 3344787.00000000 NS USD 47094600.96000000 2.463877694858 Long EC CORP US N 1 N N N Curtiss-Wright Corp. TEL51ETZWP7D0ZM4X325 Curtiss-Wright Corp. 231561101 162896.00000000 NS USD 19270596.80000000 1.008191866036 Long EC CORP US N 1 N N N Cerner Corp. 549300L4UJ40IEVVI304 Cerner Corp. 156782104 146592.00000000 NS USD 11784530.88000000 0.616538672963 Long EC CORP US N 1 N N N Devon Energy Corp. 54930042348RKR3ZPN35 Devon Energy Corp. 25179M103 2077686.00000000 NS USD 53687406.24000000 2.808797612318 Long EC CORP US N 1 N N N Southwest Airlines Co. UDTZ87G0STFETI6HGH41 Southwest Airlines Co. 844741108 91561.00000000 NS USD 4625661.72000000 0.242003637434 Long EC CORP US N 1 N N N Stifel Financial Corp. 549300E5F07FE5GHJX84 Stifel Financial Corp. 860630102 504396.00000000 NS USD 33562509.84000000 1.755910819766 Long EC CORP US N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 13146941.67000000 NS USD 13146941.67000000 0.687816770415 Long STIV RF US N 1 N N N American Homes 4 Rent 549300ZJUO7A58PNUW40 American Homes 4 Rent, Class A 02665T306 909326.00000000 NS USD 38191692.00000000 1.998098638262 Long EC CORP US N 1 N N Inovalon Holdings, Inc. 5493007H9QSF4NHIHL56 Inovalon Holdings, Inc. 45781D101 643697.00000000 NS USD 24383242.36000000 1.275673341624 Long EC CORP US N 1 N N N Ally Financial, Inc. 549300JBN1OSM8YNAI90 Ally Financial, Inc. 02005N100 1163604.00000000 NS USD 59762701.44000000 3.126642631234 Long EC CORP US N 1 N N N LKQ Corp. DS830JTTZQN6GK0I2E41 LKQ Corp. 501889208 750554.00000000 NS USD 38090615.50000000 1.992810555791 Long EC CORP US N 1 N N N Kirby Corp. I7NO6FZO5GUCG585T325 Kirby Corp. 497266106 671324.00000000 NS USD 38876372.84000000 2.033919514018 Long EC CORP US N 1 N N N Knight-Swift Transportation Holdings, Inc. N/A Knight-Swift Transportation Holdings, Inc. 499049104 313917.00000000 NS USD 15598535.73000000 0.816078350260 Long EC CORP US N 1 N N N Johnson Controls International PLC 549300XQ6S1GYKGBL205 Johnson Controls International PLC G51502105 633049.00000000 NS USD 45212359.58000000 2.365403295288 Long EC CORP IE N 1 N N N Nexstar Media Group, Inc. 52990083ZRR5UT591988 Nexstar Media Group, Inc., Class A 65336K103 148806.00000000 NS USD 21884898.42000000 1.144965919067 Long EC CORP US N 1 N N N UDR, Inc. P3CH2EG5X6Z1XWU1OO74 UDR, Inc. 902653104 818632.00000000 NS USD 45016573.68000000 2.355160241899 Long EC CORP US N 1 N N N Vertiv Holdings Co. 549300KTTIRAOGXCRV69 Vertiv Holdings Co. 92537N108 2145749.00000000 NS USD 60166801.96000000 3.147784210893 Long EC CORP US N 1 N N N Performance Food Group Co. 549300EUK8GR9IT1YK57 Performance Food Group Co. 71377A103 844593.00000000 NS USD 38699251.26000000 2.024652933533 Long EC CORP US N 1 N N N Ralph Lauren Corp. HO1QNWM0IXBZ0QSMMO20 Ralph Lauren Corp. 751212101 301425.00000000 NS USD 34217766.00000000 1.790192266134 Long EC CORP US N 1 N N N Universal Health Services, Inc. 549300YGMGQDO0NMJD09 Universal Health Services, Inc., Class B 913903100 60961.00000000 NS USD 9778754.01000000 0.511601189894 Long EC CORP US N 1 N N N Freeport-McMoRan, Inc. 549300IRDTHJQ1PVET45 Freeport-McMoRan, Inc. 35671D857 676945.00000000 NS USD 25791604.50000000 1.349355504596 Long EC CORP US N 1 N N N Coca-Cola Europacific Partners PLC 549300LTH67W4GWMRF57 Coca-Cola Europacific Partners PLC G25839104 679390.00000000 NS USD 42162943.40000000 2.205865081669 Long EC CORP GB N 1 N N N Invesco Private Government Fund N/A Invesco Private Government Fund N/A 36007067.58000000 NS USD 36007067.58000000 1.883804276056 Long STIV PF US N 2 N N Encompass Health Corp. 549300FVRPM9DRQZRG64 Encompass Health Corp. 29261A100 465961.00000000 NS USD 38791253.25000000 2.029466259188 Long EC CORP US N 1 N N N Westrock Co. 549300JEB576INN13W07 Westrock Co. 96145D105 828561.00000000 NS USD 40773486.81000000 2.133172012182 Long EC CORP US N 1 N N N Discovery, Inc. 5493006ZCRFWKF6B1K26 Discovery, Inc., Class A 25470F104 925399.00000000 NS USD 26845824.99000000 1.404509817359 Long EC CORP US N 1 N N Arthur J. Gallagher & Co. 54930049QLLMPART6V29 Arthur J. Gallagher & Co. 363576109 365902.00000000 NS USD 50973807.62000000 2.666828576031 Long EC CORP US N 1 N N N KeyCorp RKPI3RZGV1V1FJTH5T61 KeyCorp 493267108 2066984.00000000 NS USD 40636905.44000000 2.126026399219 Long EC CORP US N 1 N N N First Industrial Realty Trust, Inc. N/A First Industrial Realty Trust, Inc. 32054K103 784729.00000000 NS USD 42987454.62000000 2.249001550876 Long EC CORP US N 1 N N N Oshkosh Corp. 549300FEKNPCFSA2B506 Oshkosh Corp. 688239201 375717.00000000 NS USD 44916967.35000000 2.349949075231 Long EC CORP US N 1 N N N Ciena Corp. W0CZ7N0GH8UIGXDM1H41 Ciena Corp. 171779309 685538.00000000 NS USD 39857179.32000000 2.085232980101 Long EC CORP US N 1 N N N AGCO Corp. LYOM0B2GCF1JWXK5ZG04 AGCO Corp. 001084102 316225.00000000 NS USD 41776484.75000000 2.185646482757 Long EC CORP US N 1 N N N Invesco Private Prime Fund N/A Invesco Private Prime Fund N/A 83982897.69000000 NS USD 84016491.62000000 4.395543342188 Long STIV PF US N 2 N N Exelon Corp. 3SOUA6IRML7435B56G12 Exelon Corp. 30161N101 742423.00000000 NS USD 34745396.40000000 1.817796635790 Long EC CORP US N 1 N N N Henry Schein, Inc. VGO3WGL8H45T73F4RR92 Henry Schein, Inc. 806407102 489109.00000000 NS USD 39202086.35000000 2.050960071446 Long EC CORP US N 1 N N N MKS Instruments, Inc. 549300KEQATBHAGVF505 MKS Instruments, Inc. 55306N104 200977.00000000 NS USD 31440841.88000000 1.644910190055 Long EC CORP US N 1 N N N Vontier Corp. N/A Vontier Corp. 928881101 1212434.00000000 NS USD 39222239.90000000 2.052014457327 Long EC CORP US N 1 N N N Frontier Group Holdings, Inc. 549300DT3Y2BHO6G7T02 Frontier Group Holdings, Inc. 35909R108 1829013.00000000 NS USD 26959651.62000000 1.410464956356 Long EC CORP US N 1 N N Wyndham Hotels & Resorts, Inc. 549300FE3MQ4RVXXC673 Wyndham Hotels & Resorts, Inc. 98311A105 604674.00000000 NS USD 43572808.44000000 2.279625872800 Long EC CORP US N 1 N N N Lear Corp. 549300UPNBTXA1SYTQ33 Lear Corp. 521865204 276432.00000000 NS USD 48370071.36000000 2.530607277548 Long EC CORP US N 1 N N N Athene Holding Ltd. 549300H316CT32FQXI76 Athene Holding Ltd., Class A G0684D107 1064917.00000000 NS USD 68814936.54000000 3.600234076895 Long EC CORP BM N 1 N N N Evergy, Inc. 549300PGTHDQY6PSUI61 Evergy, Inc. 30034W106 523048.00000000 NS USD 34113190.56000000 1.784721127430 Long EC CORP US N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 14545108.06900000 NS USD 14550926.11000000 0.761269902518 Long STIV RF US N 1 N N N Tapestry, Inc. 549300LJNVY5SW3VTN33 Tapestry, Inc. 876030107 837654.00000000 NS USD 35432764.20000000 1.853758086913 Long EC CORP US N 1 N N N Dollar Tree, Inc. 549300PMSTQITB1WHR43 Dollar Tree, Inc. 256746108 340141.00000000 NS USD 33942670.39000000 1.775799917041 Long EC CORP US N 1 N N N Voya Financial, Inc. 549300T065Z4KJ686G75 Voya Financial, Inc. 929089100 879825.00000000 NS USD 56660730.00000000 2.964354851206 Long EC CORP US N 1 N N Kennametal, Inc. 549300GZDSG25XUV0Y08 Kennametal, Inc. 489170100 1033649.00000000 NS USD 37469776.25000000 1.960329720430 Long EC CORP US N 1 N N N Pioneer Natural Resources Co. FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Co. 723787107 295226.00000000 NS USD 42917003.62000000 2.245315721844 Long EC CORP US N 1 N N N Entergy Corp. 4XM3TW50JULSLG8BNC79 Entergy Corp. 29364G103 303338.00000000 NS USD 31219546.96000000 1.633332565311 Long EC CORP US N 1 N N N Centene Corp. 549300Z7JJ4TQSQGT333 Centene Corp. 15135B101 562121.00000000 NS USD 38567121.81000000 2.017740234453 Long EC CORP US N 1 N N N Eastman Chemical Co. FDPVHDGJ1IQZFK9KH630 Eastman Chemical Co. 277432100 354623.00000000 NS USD 39973104.56000000 2.091297913390 Long EC CORP US N 1 N N N 2021-08-30 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
July 31, 2021
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–97.84%
Aerospace & Defense–1.11%
Curtiss-Wright Corp. 178,965    $21,171,560
Agricultural & Farm Machinery–2.19%
AGCO Corp. 316,225    41,776,485
Airlines–1.65%
Frontier Group Holdings, Inc.(b)(c) 1,829,013    26,959,651
Southwest Airlines Co.(b) 91,561     4,625,662
      31,585,313
Apparel, Accessories & Luxury Goods–3.64%
Ralph Lauren Corp. 301,425    34,217,766
Tapestry, Inc.(b) 837,654    35,432,764
      69,650,530
Auto Parts & Equipment–2.53%
Lear Corp. 276,432    48,370,071
Broadcasting–2.55%
Discovery, Inc., Class A(b)(c) 925,399    26,845,825
Nexstar Media Group, Inc., Class A 148,806    21,884,898
      48,730,723
Building Products–2.37%
Johnson Controls International PLC 633,049    45,212,360
Communications Equipment–2.09%
Ciena Corp.(b) 685,538    39,857,179
Construction Machinery & Heavy Trucks–2.35%
Oshkosh Corp. 375,717    44,916,967
Consumer Finance–3.13%
Ally Financial, Inc. 1,163,604    59,762,701
Copper–1.35%
Freeport-McMoRan, Inc. 676,945    25,791,604
Data Processing & Outsourced Services–1.76%
Sabre Corp.(b)(c) 2,852,335    33,629,030
Distributors–1.99%
LKQ Corp.(b) 750,554    38,090,615
Diversified Chemicals–2.09%
Eastman Chemical Co. 354,623    39,973,105
Electric Utilities–5.24%
Entergy Corp. 303,338    31,219,547
Evergy, Inc. 523,048    34,113,191
Exelon Corp. 742,423    34,745,396
      100,078,134
Electrical Components & Equipment–3.15%
Vertiv Holdings Co. 2,145,749    60,166,802
Electronic Equipment & Instruments–2.05%
Vontier Corp. 1,212,434    39,222,240
  Shares Value
Food Distributors–2.02%
Performance Food Group Co.(b) 844,593    $38,699,251
General Merchandise Stores–1.78%
Dollar Tree, Inc.(b) 340,141    33,942,670
Health Care Distributors–2.05%
Henry Schein, Inc.(b) 489,109    39,202,086
Health Care Facilities–2.79%
Encompass Health Corp. 465,961    38,791,253
Universal Health Services, Inc., Class B 90,789    14,563,464
      53,354,717
Health Care Technology–1.64%
Cerner Corp. 85,762     6,894,407
Inovalon Holdings, Inc., Class A(b) 643,697    24,383,243
      31,277,650
Hotels, Resorts & Cruise Lines–2.28%
Wyndham Hotels & Resorts, Inc. 604,674    43,572,808
Industrial Machinery–1.96%
Kennametal, Inc. 1,033,649    37,469,776
Industrial REITs–2.25%
First Industrial Realty Trust, Inc. 784,729    42,987,455
Insurance Brokers–2.67%
Arthur J. Gallagher & Co. 365,902    50,973,808
Investment Banking & Brokerage–1.76%
Stifel Financial Corp. 504,396    33,562,510
Life & Health Insurance–3.60%
Athene Holding Ltd., Class A(b) 1,064,917    68,814,937
Managed Health Care–2.02%
Centene Corp.(b) 562,121    38,567,122
Marine–2.03%
Kirby Corp.(b) 671,324    38,876,373
Oil & Gas Exploration & Production–5.05%
Devon Energy Corp. 2,077,686    53,687,406
Pioneer Natural Resources Co. 295,226    42,917,004
      96,604,410
Other Diversified Financial Services–2.96%
Voya Financial, Inc.(c) 879,825    56,660,730
Paper Packaging–2.13%
Westrock Co. 828,561    40,773,487
Regional Banks–8.69%
Huntington Bancshares, Inc. 3,344,787    47,094,601
KeyCorp 2,066,984    40,636,905
Wintrust Financial Corp. 507,085    36,205,869
Zions Bancorporation N.A. 808,406    42,158,373
      166,095,748
 
See accompanying notes which are an integral part of this schedule.
Invesco American Value Fund
  Shares Value
Residential REITs–4.35%
American Homes 4 Rent, Class A(c) 909,326    $38,191,692
UDR, Inc. 818,632    45,016,574
      83,208,266
Semiconductor Equipment–1.65%
MKS Instruments, Inc. 200,977    31,440,842
Soft Drinks–2.21%
Coca-Cola Europacific Partners PLC (United Kingdom) 679,390    42,162,943
Trucking–0.71%
Knight-Swift Transportation Holdings, Inc. 271,517    13,491,680
Total Common Stocks & Other Equity Interests (Cost $1,348,547,775) 1,869,724,688
Money Market Funds–2.23%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(d)(e) 13,146,942    13,146,942
Invesco Liquid Assets Portfolio, Institutional Class, 0.01%(d)(e) 14,545,108    14,550,926
Invesco Treasury Portfolio, Institutional Class, 0.01%(d)(e) 15,025,076    15,025,076
Total Money Market Funds (Cost $42,719,752) 42,722,944
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-100.07% (Cost $1,391,267,527)     1,912,447,632
  Shares Value
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–6.28%
Invesco Private Government Fund, 0.02%(d)(e)(f) 36,007,067    $36,007,067
Invesco Private Prime Fund, 0.12%(d)(e)(f) 83,982,898    84,016,492
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $120,023,559) 120,023,559
TOTAL INVESTMENTS IN SECURITIES–106.35% (Cost $1,511,291,086) 2,032,471,191
OTHER ASSETS LESS LIABILITIES—(6.35)% (121,412,481)
NET ASSETS–100.00% $1,911,058,710
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) All or a portion of this security was out on loan at July 31, 2021.
(d) 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, 2021.
    
  Value
April 30, 2021 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain 		Value
July 31, 2021 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $14,156,744 $24,660,944 $(25,670,746) $- $- $13,146,942 $915
Invesco Liquid Assets Portfolio, Institutional Class 15,093,238 17,614,960 (18,157,273) 1 - 14,550,926 387
Invesco Treasury Portfolio, Institutional Class 16,179,136 28,183,936 (29,337,996) - - 15,025,076 406
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund - 108,209,820 (72,202,753) - - 36,007,067 939*
Invesco Private Prime Fund - 175,256,978 (91,240,486) - - 84,016,492 14,752*
Total $45,429,118 $353,926,638 $(236,609,254) $1 $- $162,746,503 $17,399
    
* 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.
    
(e) The rate shown is the 7-day SEC standardized yield as of July 31, 2021.
(f) 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.
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 American Value Fund
Notes to Quarterly Schedule of Portfolio Holdings
July 31, 2021
(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, 2021. 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 $1,869,724,688 $— $— $1,869,724,688
Money Market Funds 42,722,944 120,023,559 — 162,746,503
Total Investments $1,912,447,632 $120,023,559 $— $2,032,471,191
Invesco American Value Fund