0001752724-22-079114.txt : 20220331 0001752724-22-079114.hdr.sgml : 20220331 20220331104235 ACCESSION NUMBER: 0001752724-22-079114 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220131 FILED AS OF DATE: 20220331 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: 22790098 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 S000000155 INVESCO Energy Fund C000000337 Class A IENAX C000000339 Class C IEFCX C000000341 Investor Class FSTEX C000023157 CLASS R5 IENIX C000071330 Class Y IENYX C000188943 Class R6 NPORT-P 1 primary_doc.xml NPORT-P false 0000725781 XXXXXXXX S000000155 C000023157 C000000339 C000188943 C000000341 C000000337 C000071330 AIM Sector Funds (Invesco Sector Funds) 811-03826 0000725781 C791731MUP758KD8DB31 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco Energy Fund S000000155 549300J08ZSMGNO3OY06 2022-04-30 2022-01-31 N 420129767.79 8869695.75 411260072.04 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 211495.96000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 6804858.22000000 NS USD 6804858.22000000 1.654636246656 Long STIV RF US N 1 N N N Shell PLC 21380068P1DRHMJ8KU70 Shell PLC 780259305 271834.00000000 NS USD 13972267.60000000 3.397428671033 Long EC CORP GB N 1 N N N Vestas Wind Systems A/S 549300DYMC8BGZZC8844 Vestas Wind Systems A/S N/A 309854.00000000 NS 8333319.68000000 2.026289505485 Long EC CORP DK N 2 N N N Exxon Mobil Corp. J3WHBG0MTS7O8ZVMDC91 Exxon Mobil Corp. 30231G102 472307.00000000 NS USD 35876439.72000000 8.723540688508 Long EC CORP US N 1 N N N Valero Energy Corp. 549300XTO5VR8SKV1V74 Valero Energy Corp. 91913Y100 129760.00000000 NS USD 10766187.20000000 2.617853745586 Long EC CORP US N 1 N N N Equinor ASA OW6OFBNCKXC4US5C7523 Equinor ASA N/A 299004.00000000 NS 8237118.72000000 2.002897747680 Long EC CORP NO N 2 N N N BP PLC 213800LH1BZH3DI6G760 BP PLC, ADR 055622104 336209.00000000 NS USD 10395582.28000000 2.527739254733 Long EC CORP GB N 1 N N N Phillips 66 5493005JBO5YSIGK1814 Phillips 66 718546104 110256.00000000 NS USD 9348606.24000000 2.273161650151 Long EC CORP US N 1 N N N Tenaris S.A. 549300Y7C05BKC4HZB40 Tenaris S.A., ADR 88031M109 335648.00000000 NS USD 8183098.24000000 1.989762390355 Long EC CORP LU N 1 N N N Devon Energy Corp. 54930042348RKR3ZPN35 Devon Energy Corp. 25179M103 523015.00000000 NS USD 26448868.55000000 6.431178309823 Long EC CORP US N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 5954250.87000000 NS USD 5954250.87000000 1.447806698195 Long STIV RF US N 1 N N N Cheniere Energy, Inc. MIHC87W9WTYSYZWV1J40 Cheniere Energy, Inc. 16411R208 138810.00000000 NS USD 15532839.00000000 3.776889626788 Long EC CORP US N 1 N N N Canadian Natural Resources Ltd. 549300T15RIMIKZC5Q38 Canadian Natural Resources Ltd. 136385101 173934.00000000 NS 8847557.28000000 2.151329020615 Long EC CORP CA N 1 N N N Energy Select Sector SPDR Fund 54930064FLK0RD4TRU75 Energy Select Sector SPDR Fund 81369Y506 296800.00000000 NS USD 19565056.00000000 4.757343912077 Long EC RF US N 1 N N N Hess Corp. UASVRYNXNK17ULIGK870 Hess Corp. 42809H107 85833.00000000 NS USD 7921527.57000000 1.926160137721 Long EC CORP US N 1 N N N Diamondback Energy, Inc. 549300R22LSX6OHWEN64 Diamondback Energy, Inc. 25278X109 114740.00000000 NS USD 14475598.40000000 3.519816141692 Long EC CORP US N 1 N N N Suncor Energy, Inc. 549300W70ZOQDVLCHY06 Suncor Energy, Inc. 867224107 503196.00000000 NS 14377594.08000000 3.495985887635 Long EC CORP CA N 1 N N N APA Corp. N/A APA Corp. 03743Q108 549286.00000000 NS USD 18241788.06000000 4.435584512134 Long EC CORP US N 1 N N N Marathon Oil Corp. 1FRVQX2CRLGC1XLP5727 Marathon Oil Corp. 565849106 1069037.00000000 NS USD 20814150.39000000 5.061067632156 Long EC CORP US N 1 N N N Cenovus Energy, Inc. 549300NKHFE6ZRF37I48 Cenovus Energy, Inc. 15135U109 433641.00000000 NS 6307691.53000000 1.533747611021 Long EC CORP CA N 1 N N N NOV, Inc. 549300EHF3IW1AR6U008 NOV, Inc. 62955J103 520984.00000000 NS USD 8554557.28000000 2.080084564875 Long EC CORP US N 1 N N N EQT Corp. 4NT01YGM4X7ZX86ISY52 EQT Corp. 26884L109 276340.00000000 NS USD 5872225.00000000 1.427861686370 Long EC CORP US N 1 N N N Chevron Corp. LJOF0JWZSCIUPEC3LQ45 Chevron Corp. 166764100 203137.00000000 NS USD 26677982.21000000 6.486888473677 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 365339.00000000 NS USD 32376342.18000000 7.872473984503 Long EC CORP US N 1 N N N Southern Copper Corp. 2549007U6NAP46Q9TU15 Southern Copper Corp. 84265V105 136086.00000000 NS USD 8694534.54000000 2.114120754993 Long EC CORP US N 1 N N N Plains All American Pipeline, L.P. 5521FA2ITF25TVH63740 Plains All American Pipeline, L.P. 726503105 649785.00000000 NS USD 6998184.45000000 1.701644512993 Long EC CORP US N 1 N N N Coterra Energy, Inc. FCNMH6O7VWU7LHXMK351 Coterra Energy, Inc. 127097103 399442.00000000 NS USD 8747779.80000000 2.127067613592 Long EC CORP US N 1 N N N CF Industries Holdings, Inc. 529900CG8YAQFZ2JMV97 CF Industries Holdings, Inc. 125269100 119889.00000000 NS USD 8256755.43000000 2.007672514631 Long EC CORP US N 1 N N N TotalEnergies SE 529900S21EQ1BO4ESM68 TotalEnergies SE N/A 218632.00000000 NS 12383746.91000000 3.011171701782 Long EC CORP FR N 2 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 4097211.88800000 NS USD 4097621.61000000 0.996357752327 Long STIV RF US N 1 N N N Baker Hughes Co. 549300XU3XH6F05YEQ93 Baker Hughes Co., Class A 05722G100 234676.00000000 NS USD 6439509.44000000 1.565799813256 Long EC CORP US N 1 N N N Pioneer Natural Resources Co. FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Co. 723787107 89752.00000000 NS USD 19645815.28000000 4.776980946034 Long EC CORP US N 1 N N N 2022-03-02 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
January 31, 2022
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–93.14%
Copper–2.12%
Southern Copper Corp. (Peru) 136,086   $8,694,535
Fertilizers & Agricultural Chemicals–2.01%
CF Industries Holdings, Inc. 119,889   8,256,755
Heavy Electrical Equipment–2.03%
Vestas Wind Systems A/S (Denmark) 309,854   8,333,320
Integrated Oil & Gas–31.20%
BP PLC, ADR (United Kingdom) 336,209  10,395,582
Cenovus Energy, Inc. (Canada) 433,641   6,307,691
Chevron Corp. 203,137  26,677,982
Equinor ASA (Norway) 299,004   8,237,119
Exxon Mobil Corp. 472,307  35,876,440
Shell PLC, ADR (Netherlands) 271,834  13,972,268
Suncor Energy, Inc. (Canada) 503,196  14,377,594
TotalEnergies SE (France) 218,632  12,383,747
      128,228,423
Oil & Gas Equipment & Services–5.64%
Baker Hughes Co., Class A 234,676   6,439,510
NOV, Inc. 520,984   8,554,557
Tenaris S.A., ADR 335,648   8,183,098
      23,177,165
Oil & Gas Exploration & Production–39.76%
APA Corp. 549,286  18,241,788
Canadian Natural Resources Ltd. (Canada) 173,934   8,847,557
ConocoPhillips 365,339  32,376,342
Coterra Energy, Inc. 399,442   8,747,780
Devon Energy Corp. 523,015  26,448,869
Diamondback Energy, Inc. 114,740  14,475,599
EQT Corp.(b) 276,340   5,872,225
  Shares Value
Oil & Gas Exploration & Production–(continued)
Hess Corp. 85,833   $7,921,528
Marathon Oil Corp. 1,069,037  20,814,150
Pioneer Natural Resources Co. 89,752  19,645,815
      163,391,653
Oil & Gas Refining & Marketing–4.90%
Phillips 66 110,256   9,348,606
Valero Energy Corp. 129,760  10,766,187
      20,114,793
Oil & Gas Storage & Transportation–5.48%
Cheniere Energy, Inc. 138,810  15,532,839
Plains All American Pipeline L.P. 649,785   6,998,184
      22,531,023
Total Common Stocks & Other Equity Interests (Cost $313,297,330) 382,727,667
Exchange-Traded Funds–4.76%
Energy Select Sector SPDR Fund
(Cost $15,319,623) 		296,800  19,565,056
Money Market Funds–4.10%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(c)(d) 5,954,251   5,954,251
Invesco Liquid Assets Portfolio, Institutional Class, 0.01%(c)(d) 4,097,212   4,097,622
Invesco Treasury Portfolio, Institutional Class, 0.01%(c)(d) 6,804,858   6,804,858
Total Money Market Funds (Cost $16,857,277) 16,856,731
TOTAL INVESTMENTS IN SECURITIES–102.00% (Cost $345,474,230) 419,149,454
OTHER ASSETS LESS LIABILITIES—(2.00)% (8,219,331)
NET ASSETS–100.00% $410,930,123
 
Investment Abbreviations:
ADR – American Depositary Receipt
SPDR – Standard & Poor’s Depositary Receipt
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) 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 nine months ended January 31, 2022.
    
  Value
April 30, 2021 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain
(Loss) 		Value
January 31, 2022 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $3,040,878 $22,337,315 $(19,423,942) $- $- $5,954,251 $639
Invesco Liquid Assets Portfolio, Institutional Class 2,103,377 15,746,875 (13,751,838) (546) (246) 4,097,622 187
Invesco Treasury Portfolio, Institutional Class 3,475,289 25,528,360 (22,198,791) - - 6,804,858 290
See accompanying notes which are an integral part of this schedule.
Invesco Energy Fund
  Value
April 30, 2021 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain
(Loss) 		Value
January 31, 2022 		Dividend Income
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund $- $27,364,125 $(27,364,125) $- $- $- $132*
Invesco Private Prime Fund - 62,651,587 (62,651,234) - (353) - 1,841*
Total $8,619,544 $153,628,262 $(145,389,930) $(546) $(599) $16,856,731 $3,089
    
* 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.
    
(d) The rate shown is the 7-day SEC standardized yield as of January 31, 2022.
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 Energy Fund
Notes to Quarterly Schedule of Portfolio Holdings
January 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 January 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        
Common Stocks & Other Equity Interests $353,773,481 $28,954,186 $— $382,727,667
Exchange-Traded Funds 19,565,056 — — 19,565,056
Money Market Funds 16,856,731 — — 16,856,731
Total Investments $390,195,268 $28,954,186 $— $419,149,454
Invesco Energy Fund