0001752724-23-075906.txt : 20230331 0001752724-23-075906.hdr.sgml : 20230331 20230331130618 ACCESSION NUMBER: 0001752724-23-075906 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230131 FILED AS OF DATE: 20230331 DATE AS OF CHANGE: 20230331 PERIOD START: 20230430 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: 23786067 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 S000064612 Invesco Comstock Select Fund C000209141 Class C C000209142 Class R C000209143 Class R6 C000209144 Class Y C000209145 Class R5 C000209146 Class A NPORT-P 1 primary_doc.xml NPORT-P false 0000725781 XXXXXXXX S000064612 C000209141 C000209145 C000209143 C000209146 C000209144 C000209142 AIM Sector Funds (Invesco Sector Funds) 811-03826 0000725781 C791731MUP758KD8DB31 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco Comstock Select Fund S000064612 5493003PYGUAHSQ9LS55 2023-04-30 2023-01-31 N 743333624.37 29481096.50 713852527.87 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 1000233.52000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 12410921.37000000 NS USD 12410921.37000000 1.738583374780 Long STIV RF US N 1 N N N Kraft Heinz Co. (The) 9845007488EC87F5AF14 Kraft Heinz Co. (The) 500754106 738006.00000000 NS USD 29911383.18000000 4.190134798464 Long EC CORP US N 1 N N N Eaton Corp. PLC 549300VDIGTMXUNT7H71 Eaton Corp. PLC G29183103 91065.00000000 NS USD 14771653.65000000 2.069286452494 Long EC CORP IE N 1 N N Exxon Mobil Corp. J3WHBG0MTS7O8ZVMDC91 Exxon Mobil Corp. 30231G102 316025.00000000 NS USD 36662060.25000000 5.135803099190 Long EC CORP US N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 10859556.17000000 NS USD 10859556.17000000 1.521260448905 Long STIV RF US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 Johnson & Johnson 478160104 97153.00000000 NS USD 15876743.26000000 2.224092881953 Long EC CORP US N 1 N N N Merck & Co., Inc. 4YV9Y5M8S0BRK1RP0397 Merck & Co., Inc. 58933Y105 309865.00000000 NS USD 33282599.65000000 4.662391509533 Long EC CORP US N 1 N N N Las Vegas Sands Corp. 549300DUOO1KXOHPM605 Las Vegas Sands Corp. 517834107 559694.00000000 NS USD 33021946.00000000 4.625877854426 Long EC CORP US N 1 N N Johnson Controls International PLC 549300XQ6S1GYKGBL205 Johnson Controls International PLC G51502105 256677.00000000 NS USD 17857018.89000000 2.501499706568 Long EC CORP IE N 1 N N N Westinghouse Air Brake Technologies Corp. 06BTX5UWZD0GQ5N5Y745 Westinghouse Air Brake Technologies Corp. 929740108 169713.00000000 NS USD 17617906.53000000 2.468003662124 Long EC CORP US N 1 N N N DENTSPLY SIRONA Inc. 9NHEHR1SOZCYXDO8HO28 DENTSPLY SIRONA Inc. 24906P109 501344.00000000 NS USD 18464499.52000000 2.586598603929 Long EC CORP US N 1 N N N Universal Health Services, Inc. 549300YGMGQDO0NMJD09 Universal Health Services, Inc., Class B 913903100 150916.00000000 NS USD 22367260.36000000 3.133316684713 Long EC CORP US N 1 N N N INVESCO PRIVATE GOVERNMENT FUND N/A INVESCO PRIVATE GOVERNMENT FUND N/A 7910841.79000000 NS USD 7910841.79000000 1.108189924549 Long STIV PF US N 2 N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc., Class A 30303M102 169560.00000000 NS USD 25259353.20000000 3.538455383126 Long EC CORP US N 1 N N N Philip Morris International Inc. HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc. 718172109 208965.00000000 NS USD 21782511.60000000 3.051402180362 Long EC CORP US N 1 N N N Wells Fargo & Co. PBLD0EJDB5FWOLXP3B76 Wells Fargo & Co. 949746101 755132.00000000 NS USD 35393036.84000000 4.958032010561 Long EC CORP US N 1 N N N INVESCO PRIVATE PRIME FUND N/A INVESCO PRIVATE PRIME FUND N/A 20340327.26000000 NS USD 20346429.11000000 2.850228627852 Long STIV PF US N 2 N N F5, Inc. 54930015FPK9KT966303 F5, Inc. 315616102 158466.00000000 NS USD 23399089.56000000 3.277860432856 Long EC CORP US N 1 N N N ConocoPhillips WPTL2Z3FIYTHSP5V2253 ConocoPhillips 20825C104 202191.00000000 NS USD 24641017.17000000 3.451835807533 Long EC CORP US N 1 N N N Microsoft Corp. INR2EJN1ERAN0W5ZP974 Microsoft Corp. 594918104 70203.00000000 NS USD 17397005.43000000 2.437058741237 Long EC CORP US N 1 N N N DXC Technology Co. 549300DOVZ3EDJB7O259 DXC Technology Co. 23355L106 800821.00000000 NS USD 23007587.33000000 3.223016860170 Long EC CORP US N 1 N N N Bank of America Corp. 9DJT3UXIJIZJI4WXO774 Bank of America Corp. 060505104 724572.00000000 NS USD 25707814.56000000 3.601278073036 Long EC CORP US N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio 825252729 7770144.62100000 NS USD 7772475.66000000 1.088806911308 Long STIV RF US N 1 N N N Kimberly-Clark Corp. MP3J6QPYPGN75NVW2S34 Kimberly-Clark Corp. 494368103 157332.00000000 NS USD 20454733.32000000 2.865400418351 Long EC CORP US N 1 N N N Emerson Electric Co. FGLT0EWZSUIRRITFOA30 Emerson Electric Co. 291011104 172373.00000000 NS USD 15551492.06000000 2.178530081892 Long EC CORP US N 1 N N N State Street Corp. 549300ZFEEJ2IP5VME73 State Street Corp. 857477103 283067.00000000 NS USD 25852509.11000000 3.621547602715 Long EC CORP US N 1 N N N NXP Semiconductors N.V. 724500M9BY5293JDF951 NXP Semiconductors N.V. N6596X109 93309.00000000 NS USD 17197781.79000000 2.409150506381 Long EC CORP NL N 1 N N N Booking Holdings Inc. FXM8FAOHMYDIPD38UZ17 Booking Holdings Inc. 09857L108 9980.00000000 NS USD 24292318.00000000 3.402988299625 Long EC CORP US N 1 N N N American International Group, Inc. ODVCVCQG2BP6VHV36M30 American International Group, Inc. 026874784 356578.00000000 NS USD 22542861.16000000 3.157915715065 Long EC CORP US N 1 N N N FedEx Corp. 549300E707U7WNPZN687 FedEx Corp. 31428X106 152657.00000000 NS USD 29594086.02000000 4.145686239748 Long EC CORP US N 1 N N N Sanofi 549300E9PC51EN656011 Sanofi, ADR 80105N105 463888.00000000 NS USD 22795456.32000000 3.193300496955 Long EC CORP FR N 1 N N N CVS Health Corp. 549300EJG376EN5NQE29 CVS Health Corp. 126650100 168282.00000000 NS USD 14845838.04000000 2.079678569507 Long EC CORP US N 1 N N N Pioneer Natural Resources Co. FY8JBF7CCL2VE4F1B628 Pioneer Natural Resources Co. 723787107 75982.00000000 NS USD 17502453.70000000 2.451830457506 Long EC CORP US N 1 N N N M&T Bank Corp. 549300WYXDDBYRASEG81 M&T Bank Corp. 55261F104 126980.00000000 NS USD 19808880.00000000 2.774926084398 Long EC CORP US N 1 N N N Citizens Financial Group, Inc. 2138004JDDA4ZQUPFW65 Citizens Financial Group, Inc. 174610105 360545.00000000 NS USD 15618809.40000000 2.187960228508 Long EC CORP US N 1 N N N 2023-03-02 AIM Sector Funds (Invesco Sector Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
January 31, 2023
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–95.62%
Air Freight & Logistics–4.15%
FedEx Corp. 152,657  $29,594,086
Asset Management & Custody Banks–3.62%
State Street Corp. 283,067  25,852,509
Building Products–2.50%
Johnson Controls International PLC 256,677  17,857,019
Casinos & Gaming–4.63%
Las Vegas Sands Corp.(b)(c) 559,694  33,021,946
Communications Equipment–3.28%
F5, Inc.(b) 158,466  23,399,090
Construction Machinery & Heavy Trucks–2.47%
Wabtec Corp. 169,713  17,617,907
Diversified Banks–8.56%
Bank of America Corp. 724,572  25,707,814
Wells Fargo & Co. 755,132  35,393,037
      61,100,851
Electrical Components & Equipment–4.25%
Eaton Corp. PLC(c) 91,065  14,771,654
Emerson Electric Co. 172,373  15,551,492
      30,323,146
Health Care Facilities–3.13%
Universal Health Services, Inc., Class B 150,916  22,367,260
Health Care Services–2.08%
CVS Health Corp. 168,282  14,845,838
Health Care Supplies–2.59%
DENTSPLY SIRONA, Inc. 501,344  18,464,500
Hotels, Resorts & Cruise Lines–3.40%
Booking Holdings, Inc.(b) 9,980  24,292,318
Household Products–2.87%
Kimberly-Clark Corp. 157,332  20,454,733
Integrated Oil & Gas–5.14%
Exxon Mobil Corp. 316,025  36,662,060
Interactive Media & Services–3.54%
Meta Platforms, Inc., Class A(b) 169,560  25,259,353
IT Consulting & Other Services–3.22%
DXC Technology Co.(b) 800,821  23,007,587
Multi-line Insurance–3.16%
American International Group, Inc. 356,578  22,542,861
Oil & Gas Exploration & Production–5.90%
ConocoPhillips 202,191  24,641,017
  Shares Value
Oil & Gas Exploration & Production–(continued)
Pioneer Natural Resources Co. 75,982  $17,502,454
      42,143,471
Packaged Foods & Meats–4.19%
Kraft Heinz Co. (The) 738,006  29,911,383
Pharmaceuticals–10.08%
Johnson & Johnson 97,153  15,876,743
Merck & Co., Inc. 309,865  33,282,600
Sanofi, ADR (France) 463,888  22,795,456
      71,954,799
Regional Banks–4.96%
Citizens Financial Group, Inc. 360,545  15,618,809
M&T Bank Corp. 126,980  19,808,880
      35,427,689
Semiconductors–2.41%
NXP Semiconductors N.V. (China) 93,309  17,197,782
Systems Software–2.44%
Microsoft Corp. 70,203  17,397,006
Tobacco–3.05%
Philip Morris International, Inc. 208,965  21,782,512
Total Common Stocks & Other Equity Interests (Cost $575,239,823) 682,477,706
Money Market Funds–4.35%
Invesco Government & Agency Portfolio, Institutional Class, 4.30%(d)(e) 10,859,556  10,859,556
Invesco Liquid Assets Portfolio, Institutional Class, 4.48%(d)(e) 7,770,145   7,772,476
Invesco Treasury Portfolio, Institutional Class, 4.30%(d)(e) 12,410,921  12,410,921
Total Money Market Funds (Cost $31,039,987) 31,042,953
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.97% (Cost $606,279,810)     713,520,659
Investments Purchased with Cash Collateral from Securities on Loan
Money Market Funds–3.96%
Invesco Private Government Fund, 4.36%(d)(e)(f) 7,910,842   7,910,842
Invesco Private Prime Fund, 4.59%(d)(e)(f) 20,340,327  20,346,429
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $28,255,926) 28,257,271
TOTAL INVESTMENTS IN SECURITIES–103.93% (Cost $634,535,736) 741,777,930
OTHER ASSETS LESS LIABILITIES—(3.93)% (28,023,036)
NET ASSETS–100.00% $713,754,894
 
Investment Abbreviations:
ADR – American Depositary Receipt
See accompanying notes which are an integral part of this schedule.
Invesco Comstock Select Fund
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 January 31, 2023.
(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 nine months ended January 31, 2023.
    
  Value
April 30, 2022 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain 		Value
January 31, 2023 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $9,241,192 $26,797,272 $(25,178,908) $- $- $10,859,556 $182,868
Invesco Liquid Assets Portfolio, Institutional Class 6,612,347 19,140,909 (17,984,934) 2,917 1,237 7,772,476 161,320
Invesco Treasury Portfolio, Institutional Class 10,561,363 30,625,454 (28,775,896) - - 12,410,921 248,050
Investments Purchased with Cash Collateral from Securities on Loan:              
Invesco Private Government Fund - 58,604,467 (50,693,625) - - 7,910,842 263,737*
Invesco Private Prime Fund - 85,622,168 (65,278,516) 1,345 1,432 20,346,429 196,020*
Total $26,414,902 $220,790,270 $(187,911,879) $4,262 $2,669 $59,300,224 $1,051,995
    
* 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 January 31, 2023.
(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 Comstock Select Fund
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2023
(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. 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 Invesco Advisers, Inc.’s 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, 2023. 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 $682,477,706 $— $— $682,477,706
Money Market Funds 31,042,953 28,257,271 — 59,300,224
Total Investments $713,520,659 $28,257,271 $— $741,777,930
Invesco Comstock Select Fund