-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UnO0DNqYZCcggpXa+HSdbdwzlNiTC/sO0FWSddwL3PrTGO6p811wnR9DfaoF7erM R7H3BXYBEppBAsGDSKwBpw== 0000950123-09-046760.txt : 20090929 0000950123-09-046760.hdr.sgml : 20090929 20090929105837 ACCESSION NUMBER: 0000950123-09-046760 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090731 FILED AS OF DATE: 20090929 DATE AS OF CHANGE: 20090929 EFFECTIVENESS DATE: 20090929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS CENTRAL INDEX KEY: 0000880859 IRS NUMBER: 760352823 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-06463 FILM NUMBER: 091091718 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STE 100 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: AIM INTERNATIONAL FUNDS INC STREET 2: 11 GREENWAY PLAZA SUITE 100 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL FUNDS INC /MD/ DATE OF NAME CHANGE: 20000620 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20000323 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL FUNDS INC DATE OF NAME CHANGE: 19920909 0000880859 S000000226 AIM Asia Pacific Growth Fund C000000537 Class A ASIAX C000000538 Class B ASIBX C000000539 Class C ASICX C000071235 Class Y ASIYX 0000880859 S000000227 AIM European Growth Fund C000000540 Class A AEDAX C000000541 Class B AEDBX C000000542 Class C AEDCX C000000543 Class R AEDRX C000000544 Investor Class EGINX C000071236 Class Y AEDYX 0000880859 S000000228 AIM Global Small & Mid Cap Growth Fund C000000545 Class A AGAAX C000000546 Class B AGABX C000000547 Class C AGACX C000053091 INSTITUTIONAL CLASS GAIIX C000071237 Class Y AGAYX 0000880859 S000000229 AIM Global Growth Fund C000000548 Class A AGGAX C000000549 Class B AGGBX C000000550 Class C AGGCX C000053092 INSTITUTIONAL CLASS GGAIX C000071238 Class Y AGGYX 0000880859 S000000230 AIM International Growth Fund C000000551 Class A AIIEX C000000552 Class B AIEBX C000000553 Class C AIECX C000000554 Class R AIERX C000023043 Institutional Class AIEVX C000071239 Class Y AIIYX 0000880859 S000000231 AIM International Core Equity Fund C000000555 Class A IBVAX C000000556 Class B IBVBX C000000557 Class C IBVCX C000000558 Class R IIBRX C000000559 Investor Class IIBCX C000023044 Institutional Class IBVIX C000071240 Class Y IBVYX N-Q 1 h68062nvq.txt FORM N-Q ------------------------ OMB APPROVAL ------------------------ OMB Number: 3235-0578 Expires: April 30, 2010 Estimated average burden hours per response: 10.5 ------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-06463 AIM International Mutual Funds (Exact name of registrant as specified in charter) 11 Greenway Plaza, Suite 100 Houston, Texas 77046 (Address of principal executive offices) (Zip code) Philip A. Taylor 11 Greenway Plaza, Suite 100 Houston, Texas 77046 (Name and address of agent for service) Registrant's telephone number, including area code: (713) 626-1919 Date of fiscal year end: 10/31 Date of reporting period: 07/31/09 Item 1. Schedule of Investments. AIM ASIA PACIFIC GROWTH FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com APG-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM ASIA PACIFIC GROWTH FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ FOREIGN COMMON STOCKS & OTHER EQUITY INTERESTS--89.86% AUSTRALIA--11.83% BHP Billiton Ltd. 296,960 $ 9,359,981 - ------------------------------------------------------------------------------ Coca-Cola Amatil Ltd. 500,000 3,901,144 - ------------------------------------------------------------------------------ Cochlear Ltd. 133,000 6,173,421 - ------------------------------------------------------------------------------ Computershare Ltd. 287,336 2,362,022 - ------------------------------------------------------------------------------ CSL Ltd. (a) 192,000 4,905,155 - ------------------------------------------------------------------------------ CSL Ltd. 165,960 4,239,893 - ------------------------------------------------------------------------------ QBE Insurance Group Ltd. 306,491 4,997,958 - ------------------------------------------------------------------------------ Toll Holdings Ltd. 599,674 3,411,581 - ------------------------------------------------------------------------------ Woolworths Ltd. 217,200 4,973,798 ============================================================================== 44,324,953 ============================================================================== CHINA--13.99% China Green (Holdings) Ltd. 3,204,000 3,340,090 - ------------------------------------------------------------------------------ China Nepstar Chain Drugstore Ltd. -ADR 228,503 1,352,738 - ------------------------------------------------------------------------------ CNOOC Ltd. -ADR 76,600 10,213,078 - ------------------------------------------------------------------------------ Haitian International Holdings Ltd. 9,624,000 3,141,758 - ------------------------------------------------------------------------------ Industrial and Commercial Bank of China Ltd. -Class H 8,949,000 6,405,169 - ------------------------------------------------------------------------------ Minth Group Ltd. 5,884,000 5,590,231 - ------------------------------------------------------------------------------ Stella International Holdings Ltd. 4,792,000 7,926,865 - ------------------------------------------------------------------------------ Want Want China Holdings Ltd. 4,839,000 2,884,657 - ------------------------------------------------------------------------------ Xinao Gas Holdings Ltd. 1,438,000 2,372,840 - ------------------------------------------------------------------------------ Xinyi Glass Holdings Co. Ltd. 10,590,000 9,191,858 ============================================================================== 52,419,284 ============================================================================== HONG KONG--9.35% Cheung Kong (Holdings) Ltd. 724,000 9,306,533 - ------------------------------------------------------------------------------ Dickson Concepts (International) Ltd. 5,426,000 2,850,232 - ------------------------------------------------------------------------------ Esprit Holdings Ltd. 341,400 2,455,412 - ------------------------------------------------------------------------------ Hongkong Land Holdings Ltd. 670,000 2,606,300 - ------------------------------------------------------------------------------ Hutchison Whampoa Ltd. 1,202,000 8,960,099 - ------------------------------------------------------------------------------ Li & Fung Ltd. 948,200 2,764,271 - ------------------------------------------------------------------------------ Paliburg Holdings Ltd. 11,613,240 2,487,471 - ------------------------------------------------------------------------------ Regal Hotels International Holdings Ltd. 11,344,000 3,620,328 ============================================================================== 35,050,646 ============================================================================== INDIA--2.31% Bharat Heavy Electricals Ltd. 53,486 2,488,575 - ------------------------------------------------------------------------------ Infosys Technologies Ltd. 143,608 6,184,567 ============================================================================== 8,673,142 ============================================================================== INDONESIA--10.04% PT Astra International Tbk 3,808,000 11,238,922 - ------------------------------------------------------------------------------ PT Bank Central Asia Tbk 16,419,000 6,243,437 - ------------------------------------------------------------------------------ PT Indocement Tunggal Prakarsa Tbk 8,216,500 7,722,958 - ------------------------------------------------------------------------------ PT Perusahaan Gas Negara 6,986,500 2,463,133 - ------------------------------------------------------------------------------ PT Summarecon Agung Tbk 178,953,500 9,944,798 ============================================================================== 37,613,248 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ MALAYSIA--9.08% Digi.com Berhad 533,800 $ 3,364,190 - ------------------------------------------------------------------------------ Goldis Berhad 9,070,500 3,141,522 - ------------------------------------------------------------------------------ Kossan Rubber Industries Berhad 7,048,900 7,387,237 - ------------------------------------------------------------------------------ Parkson Holdings Berhad 5,805,900 8,900,457 - ------------------------------------------------------------------------------ Public Bank Berhad 2,465,100 7,278,081 - ------------------------------------------------------------------------------ YTL Cement Berhad 3,023,600 3,965,659 ============================================================================== 34,037,146 ============================================================================== PHILIPPINES--10.11% Ayala Corp. 663,460 4,160,203 - ------------------------------------------------------------------------------ First Gen Corp. (a)(b) 1,279,400 599,032 - ------------------------------------------------------------------------------ First Gen Corp. (b) 1,379,000 645,666 - ------------------------------------------------------------------------------ GMA Holdings, Inc. -PDR (a)(c) 1,468,000 210,784 - ------------------------------------------------------------------------------ GMA Holdings, Inc. -PDR (c) 51,811,000 7,439,307 - ------------------------------------------------------------------------------ Philippine Long Distance Telephone Co. 143,760 7,599,078 - ------------------------------------------------------------------------------ PNOC Energy Development Corp. (a) 2,335,000 219,444 - ------------------------------------------------------------------------------ PNOC Energy Development Corp. 43,141,000 4,054,411 - ------------------------------------------------------------------------------ SM Investments Corp. 1,886,235 12,953,024 ============================================================================== 37,880,949 ============================================================================== SINGAPORE--4.46% Keppel Corp. Ltd. 1,484,000 8,629,804 - ------------------------------------------------------------------------------ Singapore Technologies Engineering Ltd. 1,126,000 2,057,836 - ------------------------------------------------------------------------------ United Overseas Bank Ltd. 492,000 6,029,535 ============================================================================== 16,717,175 ============================================================================== SOUTH KOREA--5.24% CJ CheilJedang Corp. 21,051 3,011,315 - ------------------------------------------------------------------------------ CJ Corp. 75,690 3,091,415 - ------------------------------------------------------------------------------ Hyundai Department Store Co., Ltd. 59,700 4,908,480 - ------------------------------------------------------------------------------ Hyundai Development Co. 69,480 2,457,542 - ------------------------------------------------------------------------------ Hyundai H&S Co., Ltd. 46,500 2,744,368 - ------------------------------------------------------------------------------ Lotte Confectionery Co., Ltd. 4,034 3,434,938 ============================================================================== 19,648,058 ============================================================================== TAIWAN--6.10% Delta Electronics Inc. 1,056,387 2,736,963 - ------------------------------------------------------------------------------ Hung Poo Real Estate Development Corp. 1,944,435 2,489,256 - ------------------------------------------------------------------------------ MediaTek Inc. 220,440 3,168,101 - ------------------------------------------------------------------------------ Taiwan Mobile Co., Ltd. 2,844,298 4,352,168 - ------------------------------------------------------------------------------ Taiwan Semiconductor Manufacturing Co. Ltd. 2,956,464 5,307,803 - ------------------------------------------------------------------------------ Wistron Corp. 2,409,848 4,803,903 ============================================================================== 22,858,194 ============================================================================== THAILAND--7.35% BEC World PCL 4,028,200 2,343,767 - ------------------------------------------------------------------------------ CP ALL PCL 4,656,700 2,292,501 - ------------------------------------------------------------------------------ Kasikornbank PCL 3,222,500 7,624,625 - ------------------------------------------------------------------------------ Major Cineplex Group PCL 19,213,100 3,997,322 - ------------------------------------------------------------------------------ Siam Commercial Bank PCL 3,512,400 8,019,632 - ------------------------------------------------------------------------------
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM ASIA PACIFIC GROWTH FUND
SHARES VALUE - ------------------------------------------------------------------------------ THAILAND--(CONTINUED) Thai Stanley Electric PCL -Class F 1,260,100 $ 3,286,333 - ------------------------------------------------------------------------------ 27,564,180 ============================================================================== Total Foreign Common Stocks & Other Equity Interests (Cost $295,124,163) 336,786,975 ============================================================================== MONEY MARKET FUNDS--7.06% Liquid Assets Portfolio-Institutional Class (d) 13,240,253 13,240,253 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (d) 13,240,253 13,240,253 ============================================================================== Total Money Market Funds (Cost $26,480,506) 26,480,506 ============================================================================== TOTAL INVESTMENTS--96.92% (Cost $321,604,669) 363,267,481 ============================================================================== OTHER ASSETS LESS LIABILITIES--3.08% 11,531,259 ============================================================================== NET ASSETS--100.00% $ 374,798,740 ______________________________________________________________________________ ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt PDR -- Phillipine Deposit Receipt Notes to Schedule of Investments: (a) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at July 31, 2009 was $5,934,415, which represented 1.58% of the Fund's Net Assets. (b) Non-income producing security. (c) Affiliated company during the period. The Investment Company Act of 1940 defines affiliates as those companies in which a fund holds 5% or more of the outstanding voting securities. The Fund has not owned enough of the outstanding voting securities of the issuer to have control (as defined in the Investment Company Act of 1940) of that issuer. The aggregate value of this security as of July 31, 2009 represented 2.04% of the Fund's Net Assets. See Note 3. (d) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM ASIA PACIFIC GROWTH FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. 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. AIM ASIA PACIFIC GROWTH FUND B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. D. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. E. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. AIM ASIA PACIFIC GROWTH FUND NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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 - -------------------------------------------------------------------------- Australia $ -- $ 44,324,953 $-- $ 44,324,953 - -------------------------------------------------------------------------- China 11,565,816 40,853,468 -- 52,419,284 - -------------------------------------------------------------------------- Hong Kong -- 35,050,646 -- 35,050,646 - -------------------------------------------------------------------------- India -- 8,673,142 -- 8,673,142 - -------------------------------------------------------------------------- Indonesia 2,463,133 35,150,115 -- 37,613,248 - -------------------------------------------------------------------------- Malaysia 3,141,522 30,895,624 -- 34,037,146 - -------------------------------------------------------------------------- Philippines 7,599,078 30,281,871 -- 37,880,949 - -------------------------------------------------------------------------- Singapore -- 16,717,175 -- 16,717,175 - -------------------------------------------------------------------------- South Korea -- 19,648,058 -- 19,648,058 - -------------------------------------------------------------------------- Taiwan 7,520,269 15,337,925 -- 22,858,194 - -------------------------------------------------------------------------- Thailand 2,343,767 25,220,413 -- 27,564,180 - -------------------------------------------------------------------------- United States 26,480,506 -- -- 26,480,506 ========================================================================== Total Investments $61,114,091 $302,153,390 $-- $363,267,481 __________________________________________________________________________ ==========================================================================
NOTE 3--INVESTMENTS IN OTHER AFFILIATES The Investment Company Act of 1940 defines affiliates as those issuances in which a fund holds 5% or more of the outstanding voting securities. The Fund has not owned enough of the outstanding voting securities of the issuer to have control (as defined in the Investment Company Act of 1940) of that issuer. The following is a summary of the investments in affiliates for the nine months ended July 31, 2009.
CHANGE IN VALUE PURCHASES AT PROCEEDS FROM UNREALIZED REALIZED GAIN VALUE DIVIDEND 10/31/08 COST SALES APPRECIATION (LOSS) 07/31/09 INCOME - ----------------------------------------------------------------------------------------------------------------------- GMA Holdings, Inc. -PDR (a) $4,573,071 $-- $-- $3,077,020 $-- $7,650,091 $-- =======================================================================================================================
(a) As of July 31, 2009, this security is no longer considered an affiliate of the Fund. AIM ASIA PACIFIC GROWTH FUND NOTE 4--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $46,974,560 and $83,350,614, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - -------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $ 81,233,701 - -------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (39,815,292) ================================================================================ Net unrealized appreciation of investment securities $ 41,418,409 ________________________________________________________________________________ ================================================================================ Cost of investments for tax purposes is $321,849,072.
AIM EUROPEAN GROWTH FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com EGR-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM EUROPEAN GROWTH FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ FOREIGN COMMON STOCKS & OTHER EQUITY INTERESTS--93.14% BELGIUM--2.58% Anheuser--Busch InBev N.V. 452,584 $ 18,006,529 ============================================================================== DENMARK--2.38% Novo Nordisk A.S. -Class B 284,078 16,585,160 ============================================================================== FINLAND--0.41% Nokia Corp. 214,222 2,851,702 ============================================================================== FRANCE--4.77% Axa S.A. 146,506 3,096,633 - ------------------------------------------------------------------------------ BNP Paribas 116,965 8,526,970 - ------------------------------------------------------------------------------ Cap Gemini S.A. 96,975 4,477,452 - ------------------------------------------------------------------------------ Danone S.A. 71,612 3,842,256 - ------------------------------------------------------------------------------ Total S.A. 239,029 13,306,819 ============================================================================== 33,250,130 ============================================================================== GERMANY--9.85% Bayer AG 261,596 16,054,556 - ------------------------------------------------------------------------------ Deutsche Boerse AG 185,000 14,660,193 - ------------------------------------------------------------------------------ Merck KGaA 105,509 9,819,647 - ------------------------------------------------------------------------------ Puma AG Rudolf Dassler Sport 72,448 18,362,196 - ------------------------------------------------------------------------------ SAP AG 74,181 3,488,991 - ------------------------------------------------------------------------------ Symrise AG 384,488 6,198,306 ============================================================================== 68,583,889 ============================================================================== GREECE--2.31% Intralot S.A. 2,226,503 13,867,491 - ------------------------------------------------------------------------------ OPAP S.A. (a) 91,577 2,199,275 ============================================================================== 16,066,766 ============================================================================== IRELAND--3.16% CRH PLC 188,841 4,508,212 - ------------------------------------------------------------------------------ DCC PLC 332,747 7,113,750 - ------------------------------------------------------------------------------ Paddy Power PLC 417,196 10,379,539 ============================================================================== 22,001,501 ============================================================================== ITALY--3.00% Eni S.p.A. 445,777 10,419,951 - ------------------------------------------------------------------------------ Finmeccanica S.p.A. 690,863 10,476,754 ============================================================================== 20,896,705 ============================================================================== NETHERLANDS--4.92% Aalberts Industries N.V. 1,009,744 9,383,223 - ------------------------------------------------------------------------------ Heineken Holding N.V. 149,541 5,147,195 - ------------------------------------------------------------------------------ Koninklijke (Royal) KPN N.V. 440,731 6,623,894 - ------------------------------------------------------------------------------ Koninklijke BAM Groep N.V. 839,925 7,350,249 - ------------------------------------------------------------------------------ TNT N.V. 241,866 5,744,779 ============================================================================== 34,249,340 ============================================================================== NORWAY--2.43% Petroleum Geo-Services A.S.A. (b) 590,367 4,140,897 - ------------------------------------------------------------------------------
SHARES VALUE - ------------------------------------------------------------------------------ NORWAY--(CONTINUED) TGS Nopec Geophysical Co. A.S.A. (b) 1,128,076 $ 12,782,066 ============================================================================== 16,922,963 ============================================================================== RUSSIA--0.84% Vimpel-Communications -ADR(b) 432,030 5,836,725 ============================================================================== SPAIN--1.29% Telefonica S.A. 359,832 8,971,992 ============================================================================== SWEDEN--3.75% Intrum Justitia A.B. 987,725 10,227,561 - ------------------------------------------------------------------------------ Oriflame Cosmetics S.A. -SDR 320,013 15,873,612 ============================================================================== 26,101,173 ============================================================================== SWITZERLAND--14.10% Aryzta AG (b) 449,957 15,681,767 - ------------------------------------------------------------------------------ Dufry Group (b) 142,391 5,529,494 - ------------------------------------------------------------------------------ Galenica AG 18,497 5,538,677 - ------------------------------------------------------------------------------ Nestle S.A. 472,602 19,449,370 - ------------------------------------------------------------------------------ Roche Holding AG 142,159 22,414,498 - ------------------------------------------------------------------------------ Sonova Holding AG 183,735 16,204,215 - ------------------------------------------------------------------------------ Syngenta AG 57,711 13,360,974 ============================================================================== 98,178,995 ============================================================================== TURKEY--2.35% Haci Omer Sabanci Holding A.S. 2,069,011 7,738,041 - ------------------------------------------------------------------------------ Tupras-Turkiye Petrol Rafinerileri A.S. 669,546 8,650,465 ============================================================================== 16,388,506 ============================================================================== UNITED KINGDOM--35.00% Amlin PLC 2,260,983 12,556,929 - ------------------------------------------------------------------------------ Aviva PLC 449,405 2,632,874 - ------------------------------------------------------------------------------ BAE Systems PLC 1,237,603 6,346,207 - ------------------------------------------------------------------------------ Balfour Beatty PLC 1,766,700 9,022,435 - ------------------------------------------------------------------------------ BG Group PLC 206,233 3,441,265 - ------------------------------------------------------------------------------ British American Tobacco PLC 250,513 7,774,464 - ------------------------------------------------------------------------------ Bunzl PLC 890,809 7,707,417 - ------------------------------------------------------------------------------ Cadbury PLC 172,256 1,700,420 - ------------------------------------------------------------------------------ Capita Group PLC 586,570 6,539,817 - ------------------------------------------------------------------------------ Compass Group PLC 1,975,371 10,609,833 - ------------------------------------------------------------------------------ Homeserve PLC 678,386 15,591,568 - ------------------------------------------------------------------------------ IG Group Holdings PLC 2,002,117 10,017,714 - ------------------------------------------------------------------------------ Imperial Tobacco Group PLC 686,432 19,617,425 - ------------------------------------------------------------------------------ Informa PLC 2,591,598 10,378,169 - ------------------------------------------------------------------------------ International Power PLC 2,511,089 10,705,879 - ------------------------------------------------------------------------------ Mitie Group PLC 3,720,824 14,729,295 - ------------------------------------------------------------------------------ Reckitt Benckiser Group PLC 334,366 16,043,777 - ------------------------------------------------------------------------------ Reed Elsevier PLC 888,193 6,265,953 - ------------------------------------------------------------------------------ Shire PLC 1,105,300 16,482,630 - ------------------------------------------------------------------------------ Tesco PLC 2,088,642 12,783,051 - ------------------------------------------------------------------------------ Ultra Electronics Holdings PLC 547,110 10,417,751 - ------------------------------------------------------------------------------ United Business Media Ltd. 671,954 4,761,633 - ------------------------------------------------------------------------------ Vodafone Group PLC 6,029,574 12,357,359 - ------------------------------------------------------------------------------ VT Group PLC 976,839 7,668,587 - ------------------------------------------------------------------------------
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM EUROPEAN GROWTH FUND
SHARES VALUE - ------------------------------------------------------------------------------ UNITED KINGDOM--(CONTINUED) WPP PLC 992,459 $ 7,654,449 ============================================================================== 243,806,901 ============================================================================== Total Foreign Common Stocks & Other Equity Interests (Cost $600,530,982) 648,698,977 - ------------------------------------------------------------------------------ MONEY MARKET FUNDS--5.39% Liquid Assets Portfolio-Institutional Class (c) 18,789,722 18,789,722 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (c) 18,789,722 18,789,722 ============================================================================== Total Money Market Funds (Cost $37,579,444) 37,579,444 ============================================================================== TOTAL INVESTMENTS--98.53% (Cost $638,110,426) 686,278,421 ============================================================================== OTHER ASSETS LESS LIABILITIES--1.47% 10,215,582 ============================================================================== NET ASSETS--100.00% $ 696,494,003 ______________________________________________________________________________ ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt SDR -- Swedish Depositary Receipt Notes to Schedule of Investments: (a) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended. 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, 2009 represented 0.32% of the Fund's Net Assets. (b) Non-income producing security. (c) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM EUROPEAN GROWTH FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. AIM EUROPEAN GROWTH FUND A. SECURITY VALUATIONS--(CONTINUED) 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. B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. D. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. E. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the AIM EUROPEAN GROWTH FUND E. FOREIGN CURRENCY CONTRACTS--(CONTINUED) value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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 - -------------------------------------------------------------------------- Belgium $ 18,006,529 $ -- $-- $ 18,006,529 - -------------------------------------------------------------------------- Denmark -- 16,585,160 -- 16,585,160 - -------------------------------------------------------------------------- Finland 2,851,702 -- -- 2,851,702 - -------------------------------------------------------------------------- France 33,250,130 -- -- 33,250,130 - -------------------------------------------------------------------------- Germany 29,363,194 39,220,695 -- 68,583,889 - -------------------------------------------------------------------------- Greece -- 16,066,766 -- 16,066,766 - -------------------------------------------------------------------------- Ireland 22,001,501 -- -- 22,001,501 - -------------------------------------------------------------------------- Italy 10,476,754 10,419,951 -- 20,896,705 - -------------------------------------------------------------------------- Netherlands 34,249,340 -- -- 34,249,340 - -------------------------------------------------------------------------- Norway -- 16,922,963 -- 16,922,963 - -------------------------------------------------------------------------- Russia 5,836,725 -- -- 5,836,725 - -------------------------------------------------------------------------- Spain 8,971,992 -- -- 8,971,992 - -------------------------------------------------------------------------- Sweden 26,101,173 -- -- 26,101,173 - -------------------------------------------------------------------------- Switzerland 63,075,129 35,103,866 -- 98,178,995 - -------------------------------------------------------------------------- Turkey -- 16,388,506 -- 16,388,506 - -------------------------------------------------------------------------- United Kingdom 214,573,756 29,233,145 -- 243,806,901 - -------------------------------------------------------------------------- United States 37,579,444 -- -- 37,579,444 - -------------------------------------------------------------------------- Total Investments $506,337,369 $179,941,052 $-- $686,278,421 __________________________________________________________________________ ==========================================================================
AIM EUROPEAN GROWTH FUND NOTE 3--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $64,870,636 and $169,415,764 respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - ---------------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $ 149,485,696 - ---------------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (101,317,701) ======================================================================================== Net unrealized appreciation of investment securities $ 48,167,995 ________________________________________________________________________________________ ======================================================================================== Cost of investments for tax purposes is $638,110,426.
AIM GLOBAL GROWTH FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com GLG-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM GLOBAL GROWTH FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ COMMON STOCKS & OTHER EQUITY INTERESTS--94.36% AUSTRALIA--4.10% BHP Billiton Ltd. 158,437 $ 4,993,828 - ------------------------------------------------------------------------------ Cochlear Ltd. 53,730 2,493,969 - ------------------------------------------------------------------------------ CSL Ltd. 48,359 1,235,460 - ------------------------------------------------------------------------------ QBE Insurance Group Ltd. 54,055 881,477 ============================================================================== 9,604,734 ============================================================================== BELGIUM--2.58% Anheuser--Busch InBev N.V. 152,009 6,047,838 ============================================================================== CANADA--1.24% Suncor Energy, Inc. 89,488 2,899,192 ============================================================================== DENMARK--2.11% Novo Nordisk A.S. -Class B 84,561 4,936,876 ============================================================================== FRANCE--5.45% Axa S.A. 49,769 1,051,945 - ------------------------------------------------------------------------------ BNP Paribas 43,661 3,182,970 - ------------------------------------------------------------------------------ Cap Gemini S.A. 40,655 1,877,090 - ------------------------------------------------------------------------------ DANONE S.A. 23,534 1,262,689 - ------------------------------------------------------------------------------ Total S.A. 96,810 5,389,443 ============================================================================== 12,764,137 ============================================================================== GERMANY--4.38% Bayer AG 73,487 4,510,012 - ------------------------------------------------------------------------------ Merck KGaA 32,568 3,031,080 - ------------------------------------------------------------------------------ Puma AG Rudolf Dassler Sport 10,747 2,723,864 ============================================================================== 10,264,956 ============================================================================== GREECE--0.31% OPAP S.A. 30,503 732,547 ============================================================================== HONG KONG--2.01% Hutchison Whampoa Ltd. 384,000 2,862,461 - ------------------------------------------------------------------------------ Li & Fung Ltd. 632,000 1,842,459 ============================================================================== 4,704,920 ============================================================================== INDIA--2.00% Infosys Technologies Ltd. 36,747 1,582,532 - ------------------------------------------------------------------------------ Infosys Technologies Ltd. -ADR 72,052 3,100,398 ============================================================================== 4,682,930 ============================================================================== INDONESIA--0.86% PT Astra International Tbk 686,000 2,024,659 ============================================================================== IRELAND--0.75% CRH PLC 73,645 1,758,131 ============================================================================== ISRAEL--3.54% Teva Pharmaceutical Industries Ltd. -ADR 155,282 8,282,742 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ ITALY--3.09% Eni S.p.A. 148,785 $ 3,477,820 - ------------------------------------------------------------------------------ Finmeccanica S.p.A. 248,641 3,770,575 ============================================================================== 7,248,395 ============================================================================== JAPAN--4.29% Hoya Corp. 79,600 1,922,380 - ------------------------------------------------------------------------------ Keyence Corp. 12,300 2,429,710 - ------------------------------------------------------------------------------ Nidec Corp. 48,400 3,494,176 - ------------------------------------------------------------------------------ Toyota Motor Corp. 52,500 2,213,973 ============================================================================== 10,060,239 ============================================================================== MEXICO--1.79% America Movil S.A.B de C.V. -Series L -ADR 28,927 1,244,150 - ------------------------------------------------------------------------------ Grupo Televisa S.A. -ADR 162,606 2,941,543 ============================================================================== 4,185,693 ============================================================================== NETHERLANDS--0.84% TNT N.V. 82,498 1,959,488 ============================================================================== PHILIPPINES--1.33% Philippine Long Distance Telephone Co. 58,850 3,110,780 ============================================================================== SINGAPORE--0.95% United Overseas Bank Ltd. 181,000 2,218,183 ============================================================================== SPAIN--0.80% Telefonica S.A. 75,136 1,873,429 ============================================================================== SWITZERLAND--8.96% Nestle S.A. 159,326 6,556,871 - ------------------------------------------------------------------------------ Roche Holding AG 44,117 6,956,017 - ------------------------------------------------------------------------------ Sonova Holding AG 36,375 3,208,035 - ------------------------------------------------------------------------------ Syngenta AG 18,458 4,273,308 ============================================================================== 20,994,231 ============================================================================== TAIWAN--0.93% Taiwan Semiconductor Manufacturing Co. Ltd. 1,214,429 2,180,290 ============================================================================== UNITED KINGDOM--13.26% Aviva PLC 203,150 1,190,170 - ------------------------------------------------------------------------------ BAE Systems PLC 352,227 1,806,157 - ------------------------------------------------------------------------------ BG Group PLC 84,073 1,402,867 - ------------------------------------------------------------------------------ British American Tobacco PLC 34,128 1,059,134 - ------------------------------------------------------------------------------ Compass Group PLC 434,540 2,333,940 - ------------------------------------------------------------------------------ Imperial Tobacco Group PLC 240,583 6,875,581 - ------------------------------------------------------------------------------ Reckitt Benckiser Group PLC 102,146 4,901,239 - ------------------------------------------------------------------------------ Reed Elsevier PLC 238,164 1,680,180 - ------------------------------------------------------------------------------ Tesco PLC 531,385 3,252,219 - ------------------------------------------------------------------------------ Vodafone Group PLC 1,516,092 3,107,167 - ------------------------------------------------------------------------------ WPP PLC 446,567 3,444,197 ============================================================================== 31,052,851 ==============================================================================
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM GLOBAL GROWTH FUND
SHARES VALUE - ------------------------------------------------------------------------------ UNITED STATES--28.79% Accenture Ltd. -Class A 33,622 $ 1,179,124 - ------------------------------------------------------------------------------ Apollo Group, Inc. -Class A (a) 17,734 1,224,355 - ------------------------------------------------------------------------------ Apple Inc. (a) 25,440 4,156,642 - ------------------------------------------------------------------------------ Baxter International Inc. 68,085 3,837,951 - ------------------------------------------------------------------------------ Cameron International Corp. (a) 38,463 1,201,199 - ------------------------------------------------------------------------------ Charles Schwab Corp. (The) 67,196 1,200,793 - ------------------------------------------------------------------------------ Chubb Corp. (The) 39,906 1,842,859 - ------------------------------------------------------------------------------ Cisco Systems, Inc. (a) 86,054 1,894,049 - ------------------------------------------------------------------------------ CME Group Inc. 3,730 1,040,036 - ------------------------------------------------------------------------------ Coca-Cola Co. (The) 56,890 2,835,398 - ------------------------------------------------------------------------------ Colgate-Palmolive Co. 15,202 1,101,233 - ------------------------------------------------------------------------------ Corning Inc. 69,796 1,186,532 - ------------------------------------------------------------------------------ Costco Wholesale Corp. 23,653 1,170,824 - ------------------------------------------------------------------------------ eBay Inc. (a) 42,644 906,185 - ------------------------------------------------------------------------------ Exxon Mobil Corp. 10,500 739,095 - ------------------------------------------------------------------------------ Freeport-McMoRan Copper & Gold Inc. 14,541 876,822 - ------------------------------------------------------------------------------ Gap, Inc. (The) 67,760 1,105,843 - ------------------------------------------------------------------------------ Gilead Sciences, Inc. (a) 69,461 3,398,727 - ------------------------------------------------------------------------------ Google Inc. -Class A (a) 5,210 2,308,291 - ------------------------------------------------------------------------------ Home Depot, Inc. (The) 61,910 1,605,945 - ------------------------------------------------------------------------------ Johnson & Johnson 90,409 5,505,004 - ------------------------------------------------------------------------------ Kellogg Co. 47,679 2,264,753 - ------------------------------------------------------------------------------ Kohl's Corp. (a) 25,109 1,219,042 - ------------------------------------------------------------------------------ Kroger Co. (The) 150,040 3,207,855 - ------------------------------------------------------------------------------ MasterCard, Inc. -Class A 11,444 2,220,479 - ------------------------------------------------------------------------------ McDonald's Corp. 17,876 984,253 - ------------------------------------------------------------------------------ Microsoft Corp. 145,350 3,418,632 - ------------------------------------------------------------------------------ Monsanto Co. 9,158 769,272 - ------------------------------------------------------------------------------ Occidental Petroleum Corp. 25,999 1,854,769 - ------------------------------------------------------------------------------ PepsiCo, Inc. 50,787 2,882,162 - ------------------------------------------------------------------------------ Procter & Gamble Co. (The) 67,545 3,749,422 - ------------------------------------------------------------------------------ QUALCOMM Inc. 38,368 1,772,984 - ------------------------------------------------------------------------------ Raytheon Co. 59,495 2,793,290 ============================================================================== 67,453,820 ============================================================================== Total Common Stocks & Other Equity Interests (Cost $203,742,146) 221,041,061 ============================================================================== MONEY MARKET FUNDS--4.91% Liquid Assets Portfolio-Institutional Class (b) 5,747,254 5,747,254 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (b) 5,747,254 5,747,254 ============================================================================== Total Money Market Funds 11,494,508 (Cost $11,494,508) ============================================================================== TOTAL INVESTMENTS--99.27% (Cost $215,236,654) 232,535,569 ============================================================================== OTHER ASSETS LESS LIABILITIES--0.73% 1,728,283 ============================================================================== NET ASSETS--100.00% $ 234,263,852 ______________________________________________________________________________ ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt Notes to Schedule of Investments: (a) Non-income producing security. (b) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM GLOBAL GROWTH FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. AIM GLOBAL GROWTH FUND A. SECURITY VALUATIONS -- (CONTINUED) Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. 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. B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. D. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. E. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. AIM GLOBAL GROWTH FUND E. FOREIGN CURRENCY CONTRACTS -- (CONTINUED) Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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 - -------------------------------------------------------------------------- Australia $ $ 9,604,734 $-- $ 9,604,734 - -------------------------------------------------------------------------- Belgium 6,047,838 -- -- 6,047,838 - -------------------------------------------------------------------------- Canada 2,899,192 -- -- 2,899,192 - -------------------------------------------------------------------------- Denmark -- 4,936,876 -- 4,936,876 - -------------------------------------------------------------------------- France 12,764,137 -- -- 12,764,137 - -------------------------------------------------------------------------- Germany 7,541,092 2,723,864 -- 10,264,956 - -------------------------------------------------------------------------- Greece -- 732,547 -- 732,547 - -------------------------------------------------------------------------- Hong Kong 4,704,920 -- 4,704,920 - -------------------------------------------------------------------------- India 3,100,398 1,582,532 -- 4,682,930 - -------------------------------------------------------------------------- Indonesia -- 2,024,659 -- 2,024,659 - -------------------------------------------------------------------------- Ireland 1,758,131 -- -- 1,758,131 - -------------------------------------------------------------------------- Israel 8,282,742 -- -- 8,282,742 - -------------------------------------------------------------------------- Italy 3,770,575 3,477,820 -- 7,248,395 - -------------------------------------------------------------------------- Japan -- 10,060,239 -- 10,060,239 - -------------------------------------------------------------------------- Mexico 4,185,693 -- -- 4,185,693 - -------------------------------------------------------------------------- Netherlands 1,959,488 -- -- 1,959,488 - -------------------------------------------------------------------------- Philippines 3,110,780 -- -- 3,110,780 - -------------------------------------------------------------------------- Singapore -- 2,218,183 -- 2,218,183 - -------------------------------------------------------------------------- Spain 1,873,429 -- -- 1,873,429 - -------------------------------------------------------------------------- Switzerland 13,512,888 7,481,343 -- 20,994,231 - -------------------------------------------------------------------------- Taiwan -- 2,180,290 -- 2,180,290 - -------------------------------------------------------------------------- United Kingdom 23,931,564 7,121,287 -- 31,052,851 - -------------------------------------------------------------------------- United States 78,948,328 -- -- 78,948,328 ========================================================================== Total Investments $173,686,275 $58,849,294 $-- $232,535,569 __________________________________________________________________________ ==========================================================================
AIM GLOBAL GROWTH FUND NOTE 3--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $50,134,369 and $71,554,698, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - ---------------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $ 39,506,153 - ---------------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (22,219,097) ======================================================================================== Net unrealized appreciation of investment securities $ 17,287,056 ________________________________________________________________________________________ ======================================================================================== Cost of investments for tax purposes is $215,248,513.
AIM GLOBAL SMALL & MID CAP GROWTH FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com GSMG-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM GLOBAL SMALL & MID CAP GROWTH FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ COMMON STOCKS & OTHER EQUITY INTERESTS--95.43% CANADA--6.03% Addax Petroleum Corp. 109,862 $ 5,226,706 - ------------------------------------------------------------------------------ Astral Media Inc. 158,400 4,317,158 - ------------------------------------------------------------------------------ Fairfax Financial Holdings Ltd. 20,671 6,335,188 - ------------------------------------------------------------------------------ Groupe Aeroplan, Inc. 633,900 5,778,551 - ------------------------------------------------------------------------------ Onex Corp. 306,300 5,985,299 - ------------------------------------------------------------------------------ Power Financial Corp. 263,200 7,601,033 ============================================================================== 35,243,935 ============================================================================== GERMANY--4.81% Deutsche Boerse AG 150,400 11,918,341 - ------------------------------------------------------------------------------ Puma AG Rudolf Dassler Sport (a) 3,935 997,339 - ------------------------------------------------------------------------------ Puma AG Rudolf Dassler Sport 38,700 9,808,649 - ------------------------------------------------------------------------------ Symrise AG 335,743 5,412,492 ============================================================================== 28,136,821 ============================================================================== GREECE--2.39% Intralot S.A. 1,953,016 12,164,112 - ------------------------------------------------------------------------------ OPAP S.A. (a) 75,184 1,805,587 ============================================================================== 13,969,699 ============================================================================== HONG KONG--1.70% Hongkong Land Holdings Ltd. 1,297,000 5,045,330 - ------------------------------------------------------------------------------ Regal Hotels International Holdings Ltd. 15,416,200 4,919,931 ============================================================================== 9,965,261 ============================================================================== INDONESIA--2.86% PT Astra International Tbk 4,322,500 12,757,416 - ------------------------------------------------------------------------------ PT Perusahaan Gas Negara 11,195,500 3,947,041 ============================================================================== 16,704,457 ============================================================================== IRELAND--1.34% DCC PLC 366,961 7,845,206 ============================================================================== JAPAN--1.89% EXEDY Corp. 467,200 11,036,222 ============================================================================== MEXICO--1.28% America Movil S.A.B de C.V. -Series L -ADR 173,500 7,462,235 ============================================================================== NETHERLANDS--0.76% Koninklijke BAM Groep N.V. 507,099 4,437,663 ============================================================================== NORWAY--0.59% Petroleum Geo-Services A.S.A. (b) 495,240 3,473,666 ============================================================================== PERU--0.61% Southern Copper Corp. 139,233 3,586,642 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ PHILIPPINES--4.30% Ayala Corp. 2,905,864 $ 18,221,119 - ------------------------------------------------------------------------------ PNOC Energy Development Corp. (a) 5,262,000 494,525 - ------------------------------------------------------------------------------ PNOC Energy Development Corp. 68,376,000 6,426,009 ============================================================================== 25,141,653 ============================================================================== RUSSIA--0.84% Vimpel-Communications -ADR(b) 362,136 4,892,457 ============================================================================== SOUTH AFRICA--1.60% AngloGold Ashanti Ltd. -ADR 79,843 3,129,846 - ------------------------------------------------------------------------------ Naspers Ltd. -Class N 208,079 6,209,512 ============================================================================== 9,339,358 ============================================================================== SOUTH KOREA--0.54% Hyundai Development Co. 88,880 3,143,730 ============================================================================== SWEDEN--1.64% Oriflame Cosmetics S.A. -SDR 193,275 9,587,024 ============================================================================== SWITZERLAND--6.24% Aryzta AG (b) 217,713 7,587,668 - ------------------------------------------------------------------------------ Galenica AG 14,285 4,277,450 - ------------------------------------------------------------------------------ Sonova Holding AG 155,986 13,756,937 - ------------------------------------------------------------------------------ Syngenta AG 46,936 10,866,397 ============================================================================== 36,488,452 ============================================================================== TAIWAN--1.12% Taiwan Mobile Co., Ltd. 4,278,079 6,546,051 ============================================================================== THAILAND--1.54% Siam Commercial Bank PCL 3,949,700 9,018,090 ============================================================================== TURKEY--2.39% Haci Omer Sabanci Holding A.S. 1,673,610 6,259,250 - ------------------------------------------------------------------------------ Tupras-Turkiye Petrol Rafinerileri A.S. 598,629 7,734,225 ============================================================================== 13,993,475 ============================================================================== UNITED KINGDOM--15.29% Bunzl PLC 576,304 4,986,271 - ------------------------------------------------------------------------------ Capita Group PLC 485,260 5,410,286 - ------------------------------------------------------------------------------ Chemring Group PLC 157,852 5,335,494 - ------------------------------------------------------------------------------ Compass Group PLC 611,853 3,286,298 - ------------------------------------------------------------------------------ Homeserve PLC 519,854 11,947,975 - ------------------------------------------------------------------------------ IG Group Holdings PLC 1,623,859 8,125,078 - ------------------------------------------------------------------------------ Informa PLC 1,662,227 6,656,462 - ------------------------------------------------------------------------------ International Power PLC 2,300,903 9,809,764 - ------------------------------------------------------------------------------ Lancashire Holdings Ltd. 590,881 4,468,409 - ------------------------------------------------------------------------------ Playtech Ltd. 554,800 2,703,596 - ------------------------------------------------------------------------------ Shire PLC 789,500 11,773,307 - ------------------------------------------------------------------------------ Ultra Electronics Holdings PLC 288,643 5,496,173 - ------------------------------------------------------------------------------ United Business Media Ltd. 338,848 2,401,161 - ------------------------------------------------------------------------------ VT Group PLC 888,786 6,977,335 ============================================================================== 89,377,609 ==============================================================================
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM GLOBAL SMALL & MID CAP GROWTH FUND
SHARES VALUE - ------------------------------------------------------------------------------ UNITED STATES--35.67% Activision Blizzard, Inc. (b) 259,545 $ 2,971,790 - ------------------------------------------------------------------------------ Adobe Systems Inc. (b) 140,247 4,546,808 - ------------------------------------------------------------------------------ Affiliated Managers Group, Inc. (b) 58,910 3,889,238 - ------------------------------------------------------------------------------ Akamai Technologies, Inc. (b) 75,492 1,241,088 - ------------------------------------------------------------------------------ Alliance Data Systems Corp. (b) 72,753 3,710,403 - ------------------------------------------------------------------------------ Altera Corp. 202,583 3,786,276 - ------------------------------------------------------------------------------ Amdocs Ltd. (b) 68,742 1,644,309 - ------------------------------------------------------------------------------ American Tower Corp. -Class A (b) 88,365 3,012,363 - ------------------------------------------------------------------------------ Amphenol Corp. -Class A 47,405 1,580,957 - ------------------------------------------------------------------------------ Apollo Group, Inc. -Class A (b) 36,121 2,493,794 - ------------------------------------------------------------------------------ BE Aerospace, Inc. (b) 174,156 2,814,361 - ------------------------------------------------------------------------------ Best Buy Co., Inc. 90,174 3,369,802 - ------------------------------------------------------------------------------ BJ Services Co. 158,644 2,249,572 - ------------------------------------------------------------------------------ Carter's, Inc. (b) 140,785 3,989,847 - ------------------------------------------------------------------------------ Chattem, Inc. (b) 45,369 2,843,275 - ------------------------------------------------------------------------------ Church & Dwight Co., Inc. 32,804 1,934,780 - ------------------------------------------------------------------------------ Coach, Inc. 124,441 3,682,209 - ------------------------------------------------------------------------------ Continental Resources, Inc. (b) 104,833 3,546,500 - ------------------------------------------------------------------------------ Corrections Corp. of America (b) 185,996 3,210,291 - ------------------------------------------------------------------------------ Crown Holdings, Inc. (b) 134,038 3,364,354 - ------------------------------------------------------------------------------ DaVita, Inc. (b) 63,022 3,132,193 - ------------------------------------------------------------------------------ Discover Financial Services 296,447 3,521,790 - ------------------------------------------------------------------------------ Energizer Holdings, Inc. (b) 59,859 3,834,568 - ------------------------------------------------------------------------------ Equifax Inc. 109,266 2,846,379 - ------------------------------------------------------------------------------ Estee Lauder Cos. Inc. (The) -Class A 99,424 3,623,011 - ------------------------------------------------------------------------------ Express Scripts, Inc. (b) 54,908 3,845,756 - ------------------------------------------------------------------------------ Fastenal Co. 89,805 3,194,364 - ------------------------------------------------------------------------------ Goodyear Tire & Rubber Co. (The) (b) 266,658 4,538,519 - ------------------------------------------------------------------------------ Graco Inc. 72,371 1,790,459 - ------------------------------------------------------------------------------ Hanesbrands, Inc. (b) 204,249 4,064,555 - ------------------------------------------------------------------------------ Heartland Express, Inc. 210,599 3,243,225 - ------------------------------------------------------------------------------ IHS Inc. -Class A (b) 61,763 3,084,444 - ------------------------------------------------------------------------------ Illumina, Inc. (b) 43,257 1,563,308 - ------------------------------------------------------------------------------ Intrepid Potash, Inc. (b) 88,982 2,247,685 - ------------------------------------------------------------------------------ ITT Educational Services, Inc. (b) 23,165 2,255,113 - ------------------------------------------------------------------------------ J.B. Hunt Transport Services, Inc. 107,621 3,008,007 - ------------------------------------------------------------------------------ Jarden Corp. (b) 174,636 4,304,777 - ------------------------------------------------------------------------------ Jones Lang LaSalle Inc. 70,067 2,659,743 - ------------------------------------------------------------------------------ KLA-Tencor Corp. 114,015 3,634,798 - ------------------------------------------------------------------------------ Landstar System, Inc. 85,183 3,124,512 - ------------------------------------------------------------------------------ LKQ Corp. (b) 191,312 3,432,137 - ------------------------------------------------------------------------------ McAfee Inc. (b) 73,726 3,286,705 - ------------------------------------------------------------------------------ NetApp, Inc. (b) 158,186 3,552,858 - ------------------------------------------------------------------------------ Northern Trust Corp. 54,641 3,268,078 - ------------------------------------------------------------------------------ NRG Energy, Inc. (b) 107,330 2,920,449 - ------------------------------------------------------------------------------ O'Reilly Automotive, Inc. (b) 73,804 3,000,871 - ------------------------------------------------------------------------------ Omnicare, Inc. 110,234 2,631,286 - ------------------------------------------------------------------------------ ON Semiconductor Corp. (b) 520,124 3,796,905 - ------------------------------------------------------------------------------ Petrohawk Energy Corp. (b) 139,905 3,396,893 - ------------------------------------------------------------------------------ QLogic Corp. (b) 258,522 3,373,712 - ------------------------------------------------------------------------------ Republic Services, Inc. 120,702 3,210,673 - ------------------------------------------------------------------------------ ResMed Inc. (b) 80,000 3,280,000 - ------------------------------------------------------------------------------ Robert Half International, Inc. 145,872 3,616,167 - ------------------------------------------------------------------------------ Scientific Games Corp. -Class A (b) 193,609 3,488,834 - ------------------------------------------------------------------------------ Shaw Group Inc. (The) (b) 111,555 3,284,179 - ------------------------------------------------------------------------------
SHARES VALUE - ------------------------------------------------------------------------------ UNITED STATES--(CONTINUED) Solera Holdings Inc. (b) 112,277 $ 3,023,620 - ------------------------------------------------------------------------------ Southwestern Energy Co. (b) 86,606 3,588,087 - ------------------------------------------------------------------------------ State Street Corp. 70,978 3,570,193 - ------------------------------------------------------------------------------ Steel Dynamics, Inc. 144,127 2,357,918 - ------------------------------------------------------------------------------ TD Ameritrade Holding Corp. (b) 170,903 3,168,542 - ------------------------------------------------------------------------------ Thermo Fisher Scientific, Inc. (b) 87,484 3,961,276 - ------------------------------------------------------------------------------ Ulta Salon, Cosmetics & Fragrance, Inc. (b) 345,555 3,915,138 - ------------------------------------------------------------------------------ United Therapeutics Corp. (b) 24,238 2,244,924 - ------------------------------------------------------------------------------ VCA Antech, Inc. (b) 131,673 3,368,195 - ------------------------------------------------------------------------------ Weatherford International Ltd. (b) 161,749 3,034,411 - ------------------------------------------------------------------------------ Western Digital Corp. (b) 112,077 3,390,329 ============================================================================== 208,561,603 ============================================================================== Total Common Stocks & Other Equity Interests (Cost $507,167,329) 557,951,309 ============================================================================== PREFERRED STOCKS--0.73% BRAZIL--0.73% Companhia de Transmissao de Energia Eletrica Paulista -Pfd. (Cost $4,175,626) 169,400 4,286,527 ============================================================================== MONEY MARKET FUNDS--3.89% Liquid Assets Portfolio-Institutional Class (c) 11,371,383 11,371,383 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (c) 11,371,383 11,371,383 ============================================================================== Total Money Market Funds (Cost $22,742,766) 22,742,766 ============================================================================== TOTAL INVESTMENTS--100.05% (Cost $534,085,721) 584,980,602 ============================================================================== OTHER ASSETS LESS LIABILITIES--(0.05)% (283,620) ============================================================================== NET ASSETS--100.00% $ 584,696,982 ______________________________________________________________________________ ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt Pfd. -- Preferred SDR -- Swedish Depositary Receipt Notes to Schedule of Investments: (a) Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended. The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at July 31, 2009 was $3,297,451, which represented 0.56% of the Fund's Net Assets. (b) Non-income producing security. (c) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM GLOBAL SMALL & MID CAP GROWTH FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. 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. AIM GLOBAL SMALL & MID CAP GROWTH FUND B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. D. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. E. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. AIM GLOBAL SMALL & MID CAP GROWTH FUND NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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 - --------------------------------------------------------------------------- Brazil $ 4,286,527 $ -- $-- $ 4,286,527 - --------------------------------------------------------------------------- Canada 35,243,935 -- -- 35,243,935 - --------------------------------------------------------------------------- Germany -- 28,136,821 -- 28,136,821 - --------------------------------------------------------------------------- Greece -- 13,969,699 -- 13,969,699 - --------------------------------------------------------------------------- Hong Kong -- 9,965,261 -- 9,965,261 - --------------------------------------------------------------------------- Indonesia 3,947,041 12,757,416 -- 16,704,457 - --------------------------------------------------------------------------- Ireland 7,845,206 -- -- 7,845,206 - --------------------------------------------------------------------------- Japan -- 11,036,222 -- 11,036,222 - --------------------------------------------------------------------------- Mexico 7,462,235 -- -- 7,462,235 - --------------------------------------------------------------------------- Netherlands 4,437,663 -- -- 4,437,663 - --------------------------------------------------------------------------- Norway -- 3,473,666 -- 3,473,666 - --------------------------------------------------------------------------- Peru 3,586,642 -- -- 3,586,642 - --------------------------------------------------------------------------- Philippines -- 25,141,653 -- 25,141,653 - --------------------------------------------------------------------------- Russia 4,892,457 -- -- 4,892,457 - --------------------------------------------------------------------------- South Africa 3,129,846 6,209,512 -- 9,339,358 - --------------------------------------------------------------------------- South Korea -- 3,143,730 -- 3,143,730 - --------------------------------------------------------------------------- Sweden 9,587,024 -- -- 9,587,024 - --------------------------------------------------------------------------- Switzerland 7,587,668 28,900,784 -- 36,488,452 - --------------------------------------------------------------------------- Taiwan 6,546,051 -- -- 6,546,051 - --------------------------------------------------------------------------- Thailand -- 9,018,090 -- 9,018,090 - --------------------------------------------------------------------------- Turkey -- 13,993,475 -- 13,993,475 - --------------------------------------------------------------------------- United Kingdom 80,755,817 8,621,792 -- 89,377,609 - --------------------------------------------------------------------------- United States 231,304,369 -- -- 231,304,369 =========================================================================== Total Investments $410,612,481 $174,368,121 $-- $584,980,602 ___________________________________________________________________________ ===========================================================================
AIM GLOBAL SMALL & MID CAP GROWTH FUND NOTE 3--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $193,948,555 and $197,518,409, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - ---------------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $117,773,495 - ---------------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (67,975,826) ======================================================================================== Net unrealized appreciation of investment securities $ 49,797,669 ________________________________________________________________________________________ ======================================================================================== Cost of investments for tax purposes is $535,182,933.
AIM INTERNATIONAL CORE EQUITY FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com I-ICE-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM INTERNATIONAL CORE EQUITY FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ COMMON STOCKS & OTHER EQUITY INTERESTS--98 17% AUSTRALIA--3.90% Australia and New Zealand Banking Group Ltd. 340,790 $ 5,280,834 - ------------------------------------------------------------------------------ BHP Billiton Ltd. 260,562 8,212,740 ============================================================================== 13,493,574 ============================================================================== BRAZIL--0.63% Companhia Energetica de Minas Gerais S.A. -ADR 44,196 631,119 - ------------------------------------------------------------------------------ Natura Cosmeticos S.A. 21,700 309,153 - ------------------------------------------------------------------------------ Petroleo Brasileiro S.A.-ADR 15,688 646,973 - ------------------------------------------------------------------------------ Vale S.A. -ADR 30,805 607,783 ============================================================================== 2,195,028 ============================================================================== CANADA--3.95% Agrium Inc. 71,416 3,296,862 - ------------------------------------------------------------------------------ EnCana Corp. 67,661 3,636,040 - ------------------------------------------------------------------------------ Intact Financial Corp. 95,905 3,140,918 - ------------------------------------------------------------------------------ Toronto-Dominion Bank (The) 61,249 3,596,220 ============================================================================== 13,670,040 ============================================================================== CHINA--0.54% China Construction Bank Corp. -Class H 706,000 566,099 - ------------------------------------------------------------------------------ CNOOC Ltd. 580,800 775,451 - ------------------------------------------------------------------------------ Soho China Ltd. 831,000 527,063 ============================================================================== 1,868,613 ============================================================================== EGYPT--0.17% Orascom Telecom Holding S.A.E. -GDR 16,655 576,263 ============================================================================== FINLAND--1.65% Nokia Oyj. 428,564 5,705,001 ============================================================================== FRANCE--9.24% Credit Agricole S.A. 334,998 4,781,744 - ------------------------------------------------------------------------------ Publicis Groupe 114,901 4,074,242 - ------------------------------------------------------------------------------ Sanofi-Aventis S.A. 113,967 7,465,387 - ------------------------------------------------------------------------------ Societe Generale -ADR 325,889 4,194,191 - ------------------------------------------------------------------------------ Total S.A. -ADR 137,369 7,644,585 - ------------------------------------------------------------------------------ Unibail-Rodamco -REIT 21,622 3,778,153 ============================================================================== 31,938,302 ============================================================================== GERMANY--4.59% BASF S.E. 107,948 5,422,812 - ------------------------------------------------------------------------------ Bayerische Motoren Werke AG 85,528 3,953,197 - ------------------------------------------------------------------------------ E.ON AG 89,834 3,400,650 - ------------------------------------------------------------------------------ Muenchener Rueckversicherungs-Gesellschaft AG 20,405 3,085,349 ============================================================================== 15,862,008 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ HONG KONG--4.68% Cheung Kong (Holdings) Ltd. 329,000 $ 4,229,074 - ------------------------------------------------------------------------------ China Unicom (Hong Kong) Ltd. 154,000 221,498 - ------------------------------------------------------------------------------ Denway Motors Ltd. 1,484,000 735,292 - ------------------------------------------------------------------------------ Esprit Holdings Ltd. 911,800 6,557,835 - ------------------------------------------------------------------------------ Hutchison Whampoa Ltd. 522,100 3,891,903 - ------------------------------------------------------------------------------ Sinofert Holdings Ltd. 1,024,000 558,859 ============================================================================== 16,194,461 ============================================================================== INDIA--0.36% Mahindra & Mahindra Ltd. 37,262 667,778 - ------------------------------------------------------------------------------ State Bank of India -GDR 7,612 570,900 ============================================================================== 1,238,678 ============================================================================== INDONESIA--0.32% PT Astra International Tbk 160,000 472,224 - ------------------------------------------------------------------------------ PT Telekomunikasi Indonesia 710,500 640,541 ============================================================================== 1,112,765 ============================================================================== ITALY--2.02% Eni S.p.A --ADR 149,794 6,977,405 ============================================================================== JAPAN--19.51% Canon Inc. 187,800 7,035,495 - ------------------------------------------------------------------------------ East Japan Railway Co. 32,900 1,888,147 - ------------------------------------------------------------------------------ FUJIFILM Holdings Corp. 253,700 8,100,846 - ------------------------------------------------------------------------------ Mitsubishi Corp. 188,000 3,739,800 - ------------------------------------------------------------------------------ Mitsubishi UFJ Financial Group, Inc. 1,279,900 7,628,662 - ------------------------------------------------------------------------------ Murata Manufacturing Co., Ltd. 98,800 4,833,051 - ------------------------------------------------------------------------------ Nippon Telegraph & Telephone Corp. 94,400 3,901,115 - ------------------------------------------------------------------------------ Nissan Motor Co., Ltd. 861,800 6,239,196 - ------------------------------------------------------------------------------ NOK Corp. 143,700 1,742,785 - ------------------------------------------------------------------------------ NTT DoCoMo, Inc. 2,575 3,727,511 - ------------------------------------------------------------------------------ Seven & I Holdings Co., Ltd. 125,900 2,954,056 - ------------------------------------------------------------------------------ Sony Corp. -ADR 158,479 4,431,073 - ------------------------------------------------------------------------------ Sumitomo Chemical Co., Ltd. 1,236,000 6,108,436 - ------------------------------------------------------------------------------ Takeda Pharmaceutical Co., Ltd. 127,000 5,140,940 ============================================================================== 67,471,113 ============================================================================== MEXICO--0.41% America Movil S.A.B de C.V. -Series L 296,900 638,453 - ------------------------------------------------------------------------------ Fomento Economico Mexicano, S.A.B. de C.V. -ADR 6,519 251,633 - ------------------------------------------------------------------------------ Grupo Financiero Banorte S.A.B. de C.V. -Class O 216,800 537,286 ============================================================================== 1,427,372 ============================================================================== NETHERLANDS--9.03% Heineken N.V. 196,557 7,846,840 - ------------------------------------------------------------------------------ ING Groep N.V. 306,008 3,940,180 - ------------------------------------------------------------------------------ Koninklijke (Royal) Philips Electronics N.V. 172,355 3,930,403 - ------------------------------------------------------------------------------ TNT N.V. 319,911 7,598,497 - ------------------------------------------------------------------------------ Unilever N.V. 290,034 7,924,360 ============================================================================== 31,240,280 ==============================================================================
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM INTERNATIONAL CORE EQUITY FUND
SHARES VALUE - ------------------------------------------------------------------------------ NORWAY--0.87% StatoilHydro A.S.A. 141,350 $ 3,019,743 ============================================================================== RUSSIA--0.35% Gazprom -ADR 22,670 468,136 - ------------------------------------------------------------------------------ LUKOIL -ADR 14,529 734,296 ============================================================================== 1,202,432 ============================================================================== SOUTH AFRICA--0.78% Barloworld Ltd. 69,822 409,526 - ------------------------------------------------------------------------------ Sasol Ltd. 12,956 466,742 - ------------------------------------------------------------------------------ Standard Bank Group Ltd. 59,237 713,058 - ------------------------------------------------------------------------------ Steinhoff International Holdings Ltd. (a) 321,135 636,115 - ------------------------------------------------------------------------------ Tiger Brands Ltd. 24,035 486,431 ============================================================================== 2,711,872 ============================================================================== SOUTH KOREA--0.99% Daelim Industrial Co., Ltd. 7,716 426,278 - ------------------------------------------------------------------------------ Hyundai Mobis 7,039 742,048 - ------------------------------------------------------------------------------ LG Electronics Inc. 2,077 218,956 - ------------------------------------------------------------------------------ Lotte Shopping Co., Ltd. 1,114 278,857 - ------------------------------------------------------------------------------ POSCO 2,138 868,219 - ------------------------------------------------------------------------------ Samsung Electronics Co., Ltd. 1,528 898,369 ============================================================================== 3,432,727 ============================================================================== SPAIN--4.09% Banco Santander S.A. 720,036 10,426,561 - ------------------------------------------------------------------------------ Repsol YPF, S.A. -ADR 158,726 3,703,078 ============================================================================== 14,129,639 ============================================================================== SWEDEN--1.29% Telefonaktiebolaget LM Ericsson -Class B 456,102 4,444,846 ============================================================================== SWITZERLAND--7.48% Holcim Ltd. (a) 110,026 6,681,820 - ------------------------------------------------------------------------------ Novartis AG 58,902 2,689,639 - ------------------------------------------------------------------------------ Swisscom AG 21,630 7,099,193 - ------------------------------------------------------------------------------ Zurich Financial Services AG 47,856 9,403,953 ============================================================================== 25,874,605 ============================================================================== TAIWAN--0.48% AU Optronics Corp. -ADR 40,234 448,207 - ------------------------------------------------------------------------------ HTC Corp. 49,300 672,461 - ------------------------------------------------------------------------------ Powertech Technology Inc. 200,000 536,463 ============================================================================== 1,657,131 ============================================================================== THAILAND--0.34% Bangkok Bank PCL -NVDR 127,200 417,141 - ------------------------------------------------------------------------------ Banpu PCL 42,100 472,893 - ------------------------------------------------------------------------------ PTT PCL 42,100 298,748 ============================================================================== 1,188,782 ============================================================================== TURKEY--0.22% Tupras-Turkiye Petrol Rafinerileri A.S. 32,490 419,767 - ------------------------------------------------------------------------------ Turkiye Is Bankasi -Class C 101,768 352,930 ============================================================================== 772,697 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ UNITED KINGDOM--20.28% AstraZeneca PLC 106,127 $ 4,942,781 - ------------------------------------------------------------------------------ BAE Systems PLC 1,056,479 5,417,435 - ------------------------------------------------------------------------------ BP PLC 701,401 5,842,084 - ------------------------------------------------------------------------------ Centrica PLC 1,759,287 6,472,128 - ------------------------------------------------------------------------------ GlaxoSmithKline PLC 367,147 7,033,382 - ------------------------------------------------------------------------------ HSBC Holdings PLC -ADR 144,163 7,309,064 - ------------------------------------------------------------------------------ Imperial Tobacco Group PLC 311,810 8,911,166 - ------------------------------------------------------------------------------ National Grid PLC 796,047 7,447,315 - ------------------------------------------------------------------------------ Royal Dutch Shell PLC -ADR 174,481 9,184,680 - ------------------------------------------------------------------------------ Vodafone Group PLC 3,697,549 7,577,972 ============================================================================== 70,138,007 ============================================================================== Total Common Stocks & Other Equity Interests (Cost $335,352,297) 339,543,384 ============================================================================== PREFERRED STOCKS--1.08% BRAZIL--0.22% Banco Bradesco S.A. -Pfd. 14,150 222,144 - ------------------------------------------------------------------------------ Usinas Siderurgicas de Minas Gerais S.A. -Class A -Pfd. 22,800 541,373 ============================================================================== 763,517 ============================================================================== GERMANY--0.86% Porsche Automobile Holding S.E. -Pfd. 45,500 2,966,202 - ------------------------------------------------------------------------------ Total Preferred Stocks (Cost $3,668,012) 3,729,719 ============================================================================== MONEY MARKET FUNDS--0.98% Liquid Assets Portfolio-Institutional Class (b) 1,692,663 1,692,663 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (b) 1,692,664 1,692,664 ============================================================================== Total Money Market Funds (Cost $3,385,327) 3,385,327 ============================================================================== TOTAL INVESTMENTS--100.23% (Cost $342,405,636) 346,658,430 ============================================================================== OTHER ASSETS LESS LIABILITIES--(0.23)% (844,309) ============================================================================== NET ASSETS--100.00% $ 345,814,121 ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt GDR -- Global Depositary Receipt NVDR -- Non--Voting Depositary Receipt Pfd. -- Preferred REIT -- Real Estate Investment Trust Notes to Schedule of Investments: (a) Non-income producing security. (b) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM INTERNATIONAL CORE EQUITY FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. AIM INTERNATIONAL CORE EQUITY FUND A. SECURITY VALUATIONS -- (CONTINUED) Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. 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. B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. SECURITIES LENDING -- The Fund may lend portfolio securities having a market value up to one--third of the Fund's total assets. Such loans are secured by collateral equal to no less than the market value of the loaned securities determined daily by the securities lending provider. Such collateral will be cash or debt securities issued or guaranteed by the U.S. Government or any of its sponsored agencies. Cash collateral received in connection with these loans is invested in short-term money market instruments or affiliated money market funds and is shown as such on the Schedule of Investments. It is the Fund's policy to obtain additional collateral from or return excess collateral to the borrower by the end of the next business day, following the valuation date of the securities loaned. Therefore, the value of the collateral held may be temporarily less than the value of the securities on loan. Lending securities entails a risk of loss to the Fund if and to the extent that the market value of the securities loaned were to increase and the borrower did not increase the collateral accordingly, and the borrower fails to return the securities. Upon the failure of the borrower to return the securities, collateral may be liquidated and the securities may be purchased on the open market to replace the loaned securities. The Fund could experience delays and costs in gaining access to the collateral. The Fund bears the risk of any deficiency in the amount of the collateral available for return to the borrower due to any loss on the collateral invested. Dividends received on cash collateral investments for securities lending transactions, which are net of compensation to counterparties, is included in Dividends from affiliates on the Statement of Operations. The aggregate value of securities out on loan is shown as a footnote on the Statement of Assets and Liabilities, if any. D. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. E. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses AIM INTERNATIONAL CORE EQUITY FUND E. FOREIGN CURRENCY TRANSLATIONS -- (CONTINUED) arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. F. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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. AIM INTERNATIONAL CORE EQUITY FUND
LEVEL 1 LEVEL 2 LEVEL 3 TOTAL - -------------------------------------------------------------------------- Australia $ 5,280,834 $ 8,212,740 $-- $ 13,493,574 - -------------------------------------------------------------------------- Brazil 2,958,545 -- -- 2,958,545 - -------------------------------------------------------------------------- Canada 13,670,040 -- -- 13,670,040 - -------------------------------------------------------------------------- China 527,063 1,341,550 -- 1,868,613 - -------------------------------------------------------------------------- Egypt 576,263 -- -- 576,263 - -------------------------------------------------------------------------- Finland 5,705,001 -- -- 5,705,001 - -------------------------------------------------------------------------- France 31,938,302 -- -- 31,938,302 - -------------------------------------------------------------------------- Germany 6,051,551 12,776,659 -- 18,828,210 - -------------------------------------------------------------------------- Hong Kong -- 16,194,461 -- 16,194,461 - -------------------------------------------------------------------------- India 1,238,678 -- -- 1,238,678 - -------------------------------------------------------------------------- Indonesia 640,541 472,224 -- 1,112,765 - -------------------------------------------------------------------------- Italy 6,977,405 -- -- 6,977,405 - -------------------------------------------------------------------------- Japan 7,385,129 60,085,984 -- 67,471,113 - -------------------------------------------------------------------------- Mexico 1,427,372 -- -- 1,427,372 - -------------------------------------------------------------------------- Netherlands 27,300,100 3,940,180 -- 31,240,280 - -------------------------------------------------------------------------- Norway 3,019,743 -- -- 3,019,743 - -------------------------------------------------------------------------- Russia 1,202,432 -- -- 1,202,432 - -------------------------------------------------------------------------- South Africa 1,199,487 1,512,385 -- 2,711,872 - -------------------------------------------------------------------------- South Korea 1,020,905 2,411,822 -- 3,432,727 - -------------------------------------------------------------------------- Spain 14,129,639 -- -- 14,129,639 - -------------------------------------------------------------------------- Sweden 4,444,846 -- -- 4,444,846 - -------------------------------------------------------------------------- Switzerland 25,874,605 -- -- 25,874,605 - -------------------------------------------------------------------------- Taiwan 984,670 672,461 -- 1,657,131 - -------------------------------------------------------------------------- Thailand -- 1,188,782 -- 1,188,782 - -------------------------------------------------------------------------- Turkey 772,697 -- -- 772,697 - -------------------------------------------------------------------------- United Kingdom 51,905,827 18,232,180 -- 70,138,007 - -------------------------------------------------------------------------- United States 3,385,327 -- -- 3,385,327 ========================================================================== Total Investments $219,617,002 $127,041,428 $-- $346,658,430 __________________________________________________________________________ ==========================================================================
NOTE 3--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $106,780,995 and $100,809,998, respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - ---------------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $ 29,013,995 - ---------------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (32,397,447) ======================================================================================== Net unrealized appreciation (depreciation) of investment securities $ (3,383,452) ________________________________________________________________________________________ ======================================================================================== Cost of investments for tax purposes is $350,041,882.
AIM INTERNATIONAL GROWTH FUND Quarterly Schedule of Portfolio Holdings July 31, 2009 [INVESCO AIM LOGO APPEARS HERE] --servicemark-- invescoaim.com IGR-QTR-1 07/09 Invesco Aim Advisors, Inc. AIM INTERNATIONAL GROWTH FUND SCHEDULE OF INVESTMENTS July 31, 2009 (Unaudited)
SHARES VALUE - ------------------------------------------------------------------------------ COMMON STOCKS & OTHER EQUITY INTERESTS--84.58% AUSTRALIA--4.24% BHP Billiton Ltd. 1,633,910 $ 51,499,749 - ------------------------------------------------------------------------------ Cochlear Ltd. 690,748 32,062,243 - ------------------------------------------------------------------------------ CSL Ltd. 1,013,295 25,887,338 - ------------------------------------------------------------------------------ QBE Insurance Group Ltd. 567,373 9,252,169 ============================================================================== 118,701,499 ============================================================================== BELGIUM--2.61% Anheuser-Busch InBev N.V. 1,835,646 73,033,102 ============================================================================== CANADA--3.42% Canadian National Railway Co. 452,460 22,050,895 - ------------------------------------------------------------------------------ Canadian Natural Resources Ltd. 397,226 23,968,328 - ------------------------------------------------------------------------------ EnCana Corp. 364,828 19,605,523 - ------------------------------------------------------------------------------ Suncor Energy, Inc. 926,692 30,022,549 ============================================================================== 95,647,295 ============================================================================== DENMARK--1.77% Novo Nordisk A.S. -Class B 846,290 49,408,455 ============================================================================== FINLAND-0.48% Nokia Corp. 1,018,378 13,556,546 ============================================================================== FRANCE--4.15% Axa S.A. 520,760 11,007,076 - ------------------------------------------------------------------------------ BNP Paribas 456,704 33,294,587 - ------------------------------------------------------------------------------ Cap Gemini S.A. 282,676 13,051,490 - ------------------------------------------------------------------------------ Danone S.A. 268,156 14,387,588 - ------------------------------------------------------------------------------ Total S.A. 796,351 44,333,110 ============================================================================== 116,073,851 ============================================================================== GERMANY--5.55% Bayer AG 879,037 53,947,878 - ------------------------------------------------------------------------------ Deutsche Boerse AG 160,476 12,716,807 - ------------------------------------------------------------------------------ Merck KGaA 447,438 41,642,733 - ------------------------------------------------------------------------------ Puma AG Rudolf Dassler Sport 130,343 33,035,883 - ------------------------------------------------------------------------------ SAP AG 295,500 13,898,394 ============================================================================== 155,241,695 ============================================================================== GREECE--0.32% OPAP S.A. 367,631 8,828,872 ============================================================================== HONG KONG--3.07% Esprit Holdings Ltd. 3,159,900 22,726,588 - ------------------------------------------------------------------------------ Hutchison Whampoa Ltd. 5,834,000 43,488,533 - ------------------------------------------------------------------------------ Li & Fung Ltd. 6,726,000 19,608,194 ============================================================================== 85,823,315 ============================================================================== INDIA--2.52% Bharat Heavy Electricals Ltd. 406,077 18,893,788 - ------------------------------------------------------------------------------ Infosys Technologies Ltd. 1,201,724 51,752,988 ============================================================================== 70,646,776 ==============================================================================
SHARES VALUE - ------------------------------------------------------------------------------ IRELAND--0.60% CRH PLC 699,313 $ 16,694,738 ============================================================================== ISRAEL--3.12% Teva Pharmaceutical Industries Ltd. -ADR 1,636,532 87,292,617 ============================================================================== ITALY--3.11% Eni S.p.A. 1,766,678 41,295,756 - ------------------------------------------------------------------------------ Finmeccanica S.p.A. 3,020,767 45,809,130 ============================================================================== 87,104,886 ============================================================================== JAPAN--5.91% Denso Corp. 725,300 21,347,783 - ------------------------------------------------------------------------------ Fanuc Ltd. 315,500 25,820,973 - ------------------------------------------------------------------------------ Hoya Corp. 1,240,300 29,953,874 - ------------------------------------------------------------------------------ Keyence Corp. 133,900 26,450,259 - ------------------------------------------------------------------------------ Nidec Corp. 527,000 38,046,088 - ------------------------------------------------------------------------------ Toyota Motor Corp. 563,300 23,754,872 ============================================================================== 165,373,849 ============================================================================== MEXICO--3.03% America Movil S.A.B de C.V. -Series L -ADR 1,252,219 53,857,939 - ------------------------------------------------------------------------------ Grupo Televisa S.A. -ADR 1,705,490 30,852,314 ============================================================================== 84,710,253 ============================================================================== NETHERLANDS--2.99% Heineken Holding N.V. 657,603 22,634,667 - ------------------------------------------------------------------------------ Koninklijke (Royal) KPN N.V. 2,373,425 35,671,000 - ------------------------------------------------------------------------------ TNT N.V. 1,067,461 25,354,235 ============================================================================== 83,659,902 ============================================================================== NORWAY--0.38% Petroleum Geo-Services A.S.A. (a) 1,506,938 10,569,823 ============================================================================== PHILIPPINES--1.59% Philippine Long Distance Telephone Co. 840,740 44,441,073 ============================================================================== SINGAPORE--3.96% Keppel Corp. Ltd. 7,157,000 41,619,616 - ------------------------------------------------------------------------------ Singapore Technologies Engineering Ltd. 12,569,000 22,970,637 - ------------------------------------------------------------------------------ United Overseas Bank Ltd. 3,781,000 46,336,730 ============================================================================== 110,926,983 ============================================================================== SPAIN--1.47% Telefonica S.A. 1,646,449 41,052,290 - ------------------------------------------------------------------------------ SWITZERLAND--8.60% Nestle S.A. 1,713,289 70,508,359 - ------------------------------------------------------------------------------ Roche Holding AG 522,800 82,430,938 - ------------------------------------------------------------------------------ Sonova Holding AG 484,991 42,773,008 - ------------------------------------------------------------------------------ Syngenta AG 194,603 45,053,552 ============================================================================== 240,765,857 ==============================================================================
SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM INTERNATIONAL GROWTH FUND
SHARES VALUE - ------------------------------------------------------------------------------ TAIWAN--1.18% Taiwan Semiconductor Manufacturing Co. Ltd. 18,359,887 $ 32,961,895 ============================================================================== TURKEY--0.73% Akbank T.A.S. 3,625,805 20,463,880 ============================================================================== UNITED KINGDOM--19.78% Aviva PLC 1,776,714 10,409,016 - ------------------------------------------------------------------------------ BAE Systems PLC 4,598,827 23,581,962 - ------------------------------------------------------------------------------ BG Group PLC 1,733,111 28,919,205 - ------------------------------------------------------------------------------ British American Tobacco PLC 1,064,807 33,045,406 - ------------------------------------------------------------------------------ Cadbury PLC 684,712 6,759,116 - ------------------------------------------------------------------------------ Capita Group PLC 1,931,996 21,540,311 - ------------------------------------------------------------------------------ Compass Group PLC 7,848,136 42,152,796 - ------------------------------------------------------------------------------ Imperial Tobacco Group PLC 2,427,508 69,375,346 - ------------------------------------------------------------------------------ Informa PLC 5,185,030 20,763,682 - ------------------------------------------------------------------------------ International Power PLC 7,866,037 33,536,383 - ------------------------------------------------------------------------------ Reckitt Benckiser Group PLC 1,091,571 52,376,503 - ------------------------------------------------------------------------------ Reed Elsevier PLC 3,648,532 25,739,371 - ------------------------------------------------------------------------------ Shire PLC 3,552,835 52,981,148 - ------------------------------------------------------------------------------ Smith & Nephew PLC 1,563,012 12,372,324 - ------------------------------------------------------------------------------ Tesco PLC 7,651,173 46,827,236 - ------------------------------------------------------------------------------ Vodafone Group PLC 23,893,834 48,969,412 - ------------------------------------------------------------------------------ WPP PLC 3,129,980 24,140,316 - ------------------------------------------------------------------------------ 553,489,533 ============================================================================== Total Common Stocks & Other Equity Interests (Cost $2,079,679,204) 2,366,468,985 ============================================================================== PREFERRED STOCKS--0.86% BRAZIL-0.86% Petroleo Brasileiro S.A. -ADR -Pfd. (Cost $10,796,933) 713,492 24,044,681 ============================================================================== MONEY MARKET FUNDS--12.60% Liquid Assets Portfolio-Institutional Class (b) 176,234,673 176,234,673 - ------------------------------------------------------------------------------ Premier Portfolio-Institutional Class (b) 176,234,673 176,234,673 ============================================================================== Total Money Market Funds (Cost $352,469,346) 352,469,346 ============================================================================== TOTAL INVESTMENTS--98.04% (Cost $2,442,945,483) 2,742,983,012 ============================================================================== OTHER ASSETS LESS LIABILITIES--1.96% 54,906,447 ============================================================================== NET ASSETS--100.00% $ 2,797,889,459 ______________________________________________________________________________ ==============================================================================
Investment Abbreviations: ADR -- American Depositary Receipt Pfd. -- Preferred Notes to Schedule of Investments: (a) Non-income producing security. (b) The money market fund and the Fund are affiliated by having the same investment advisor. SEE ACCOMPANYING NOTES WHICH ARE AN INTEGRAL PART OF THIS SCHEDULE. AIM INTERNATIONAL GROWTH FUND NOTES TO QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS July 31, 2009 (Unaudited) NOTE 1--SIGNIFICANT ACCOUNTING POLICIES A. SECURITY VALUATIONS -- Securities, including restricted securities, are valued according to the following policy. A security listed or traded on an exchange (except convertible bonds) is valued at its last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded, or lacking any sales or official closing price on a particular day, the security may be valued at the closing bid price on that day. Securities traded in the over-the-counter market are valued based on prices furnished by independent pricing services or market makers. When such securities are valued by an independent pricing service they may be considered fair valued. Futures contracts are valued at the final settlement price set by an exchange on which they are principally traded. Listed options are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. Options not listed on an exchange are valued by an independent source at the mean between the last bid and ask prices. For purposes of determining net asset value per share, futures and option contracts generally are valued 15 minutes after the close of the customary trading session of the New York Stock Exchange ("NYSE"). Investments in open-end and closed-end registered investment companies that do not trade on an exchange are valued at the end of day net asset value per share. Investments in open-end and closed-end registered investment companies that trade on an exchange are valued at the last sales price or official closing price as of the close of the customary trading session on the exchange where the security is principally traded. Debt obligations (including convertible bonds) and unlisted equities are fair valued using an evaluated quote provided by an independent pricing service. Evaluated quotes provided by the pricing service may be determined without exclusive reliance on quoted prices, and may reflect appropriate factors such as institution-size trading in similar groups of securities, developments related to specific securities, dividend rate, yield, quality, type of issue, coupon rate, maturity, individual trading characteristics and other market data. Short-term obligations, including commercial paper, having 60 days or less to maturity are recorded at amortized cost which approximates value. Debt securities are subject to interest rate and credit risks. In addition, all debt securities involve some risk of default with respect to interest and/or principal payments. Foreign securities (including foreign exchange contracts) are converted into U.S. dollar amounts using the applicable exchange rates as of the close of the NYSE. If market quotations are available and reliable for foreign exchange traded equity securities, the securities will be valued at the market quotations. Because trading hours for certain foreign securities end before the close of the NYSE, closing market quotations may become unreliable. If between the time trading ends on a particular security and the close of the customary trading session on the NYSE, events occur that are significant and make the closing price unreliable, the Fund may fair value the security. If the event is likely to have affected the closing price of the security, the security will be valued at fair value in good faith using procedures approved by the Board of Trustees. Adjustments to closing prices to reflect fair value may also be based on a screening process of an independent pricing service to indicate the degree of certainty, based on historical data, that the closing price in the principal market where a foreign security trades is not the current value as of the close of the NYSE. Foreign securities meeting the approved degree of certainty that the price is not reflective of current value will be priced at the indication of fair value from the independent pricing service. Multiple factors may be considered by the independent pricing service in determining adjustments to reflect fair value and may include information relating to sector indices, American Depositary Receipts and domestic and foreign index futures. Foreign securities may have additional risks including exchange rate changes, potential for sharply devalued currencies and high inflation, political and economical upheaval, the relative lack of issuer information, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards. Securities for which market prices are not provided by any of the above methods may be valued based upon quotes furnished by independent sources. The last bid price may be used to value equity securities and Corporate Loans. The mean between the last bid and asked prices may be used to value debt obligations other than Corporate Loans. Securities for which market quotations are not readily available or are unreliable are valued at fair value as determined in good faith by or under the supervision of the Trust's officers following procedures approved by the Board of Trustees. Issuer specific events, market trends, bid/ask quotes of brokers and information providers and other market data may be reviewed in the course of making a good faith determination of a security's fair value. Valuations change in response to many factors including the historical and prospective earnings of the issuer, the value of the issuer's assets, general economic conditions, interest rates, investor perceptions and market liquidity. AIM INTERNATIONAL GROWTH FUND A. SECURITY VALUATIONS -- (CONTINUED) 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. B. SECURITIES TRANSACTIONS AND INVESTMENT INCOME -- Securities transactions are accounted for on a trade date basis. Realized gains or losses on sales are computed on the basis of specific identification of the securities sold. Interest income is recorded on the accrual basis from settlement date. Dividend income is recorded on the ex-dividend date. The Fund may periodically participate in litigation related to Fund investments. As such, the Fund may receive proceeds from litigation settlements. Any proceeds received are included in the Statement of Operations as realized gain/loss for investments no longer held and as unrealized gain/loss for investments still held. Brokerage commissions and mark ups are considered transaction costs and are recorded as an increase to the cost basis of securities purchased and/or a reduction of proceeds on a sale of securities. Such transaction costs are included in the determination of realized and unrealized gain (loss) from investment securities reported in the Statement of Operations and the Statement of Changes in Net Assets and the realized and unrealized net gains (losses) on securities per share in the Financial Highlights. Transaction costs are included in the calculation of the Fund's net asset value and, accordingly, they reduce the Fund's total returns. These transaction costs are not considered operating expenses and are not reflected in net investment income reported in the Statement of Operations and Statement of Changes in Net Assets, or the net investment income per share and ratios of expenses and net investment income reported in the Financial Highlights, nor are they limited by any expense limitation arrangements between the Fund and the advisor. The Fund allocates income and realized and unrealized capital gains and losses to a class based on the relative net assets of each class. C. COUNTRY DETERMINATION -- For the purposes of making investment selection decisions and presentation in the Schedule of Investments, the investment advisor may determine the country in which an issuer is located and/or credit risk exposure based on various factors. These factors include the laws of the country under which the issuer is organized, where the issuer maintains a principal office, the country in which the issuer derives 50% or more of its total revenues and the country that has the primary market for the issuer's securities, as well as other criteria. Among the other criteria that may be evaluated for making this determination are the country in which the issuer maintains 50% or more of its assets, the type of security, financial guarantees and enhancements, the nature of the collateral and the sponsor organization. Country of issuer and/or credit risk exposure has been determined to be the United States of America, unless otherwise noted. D. FOREIGN CURRENCY TRANSLATIONS -- Foreign currency is valued at the close of the NYSE based on quotations posted by banks and major currency dealers. Portfolio securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at date of valuation. Purchases and sales of portfolio securities (net of foreign taxes withheld on disposition) and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for the portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. The combined results of changes in foreign exchange rates and the fluctuation of market prices on investments (net of estimated foreign tax withholding) are included with the net realized and unrealized gain or loss from investments in the Statement of Operations. Reported net realized foreign currency gains or losses arise from (i) sales of foreign currencies, (ii) currency gains or losses realized between the trade and settlement dates on securities transactions, and (iii) the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Fund's books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign currency gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period end, resulting from changes in exchange rates. The Fund may invest in foreign securities which may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. E. FOREIGN CURRENCY CONTRACTS -- The Fund may enter into foreign currency contracts to manage or minimize currency or exchange rate risk. The Fund may also enter into foreign currency contracts for the purchase or sale of a security denominated in a foreign currency in order to "lock in" the U.S. dollar price of that security. A foreign currency contract is an obligation to purchase or sell a specific currency for an agreed-upon price at a future date. The use of foreign currency contracts does not eliminate fluctuations in the price of the underlying securities the Fund owns or intends to acquire but establishes a rate of exchange in advance. Fluctuations in the value of these contracts are measured by the difference in the contract date and reporting date exchange rates and are recorded as unrealized appreciation (depreciation) until the contracts are closed. When the contracts are closed, realized gains (losses) are recorded. Realized and unrealized gains (losses) on the contracts are included in the Statement of Operations. The primary risks associated with foreign currency contracts include failure of the counterparty to meet the terms of the contract and the AIM INTERNATIONAL GROWTH FUND E. FOREIGN CURRENCY CONTRACTS -- (CONTINUED) value of the foreign currency changing unfavorably. These risks may be in excess of the amounts reflected in the Statement of Assets and Liabilities. AIM INTERNATIONAL GROWTH FUND NOTE 2--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. 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 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 the end of the reporting period, July 31, 2009. 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 - ------------------------------------------------------------------------------- Australia $ -- $118,701,499 $-- $ 118,701,499 - ------------------------------------------------------------------------------- Belgium 73,033,102 -- -- 73,033,102 - ------------------------------------------------------------------------------- Brazil 24,044,681 -- -- 24,044,681 - ------------------------------------------------------------------------------- Canada 95,647,295 -- -- 95,647,295 - ------------------------------------------------------------------------------- Denmark -- 49,408,455 -- 49,408,455 - ------------------------------------------------------------------------------- Finland 13,556,546 -- -- 13,556,546 - ------------------------------------------------------------------------------- France 116,073,851 -- -- 116,073,851 - ------------------------------------------------------------------------------- Germany 109,489,005 45,752,690 -- 155,241,695 - ------------------------------------------------------------------------------- Greece -- 8,828,872 -- 8,828,872 - ------------------------------------------------------------------------------- Hong Kong -- 85,823,315 -- 85,823,315 - ------------------------------------------------------------------------------- India -- 70,646,776 -- 70,646,776 - ------------------------------------------------------------------------------- Ireland 16,694,738 -- -- 16,694,738 - ------------------------------------------------------------------------------- Israel 87,292,617 -- -- 87,292,617 - ------------------------------------------------------------------------------- Italy 45,809,130 41,295,756 -- 87,104,886 - ------------------------------------------------------------------------------- Japan -- 165,373,849 -- 165,373,849 - ------------------------------------------------------------------------------- Mexico 84,710,253 -- -- 84,710,253 - ------------------------------------------------------------------------------- Netherlands 83,659,902 -- -- 83,659,902 - ------------------------------------------------------------------------------- Norway -- 10,569,823 -- 10,569,823 - ------------------------------------------------------------------------------- Philippines 44,441,073 -- 44,441,073 - ------------------------------------------------------------------------------- Singapore -- 110,926,983 -- 110,926,983 - ------------------------------------------------------------------------------- Spain 41,052,290 -- -- 41,052,290 - ------------------------------------------------------------------------------- Switzerland 152,939,297 87,826,560 -- 240,765,857 - ------------------------------------------------------------------------------- Taiwan -- 32,961,895 -- 32,961,895 - ------------------------------------------------------------------------------- Turkey -- 20,463,880 -- 20,463,880 - ------------------------------------------------------------------------------- United Kingdom 424,255,628 129,233,905 -- 553,489,533 - ------------------------------------------------------------------------------- United States 352,469,346 -- -- 352,469,346 =============================================================================== Total Investments $1,765,168,754 $977,814,258 $-- $2,742,983,012 _______________________________________________________________________________ ===============================================================================
AIM INTERNATIONAL GROWTH FUND NOTE 3--INVESTMENT SECURITIES The aggregate amount of investment securities (other than short-term securities, U.S. Treasury obligations and money market funds, if any) purchased and sold by the Fund during the nine months ended July 31, 2009 was $443,041,405 and $380,048,623 respectively. Cost of investments on a tax basis includes the adjustments for financial reporting purposes as of the most recently completed Federal income tax reporting period-end.
UNREALIZED APPRECIATION (DEPRECIATION) OF INVESTMENT SECURITIES ON A TAX BASIS - ---------------------------------------------------------------------------------------- Aggregate unrealized appreciation of investment securities $ 472,635,427 - ---------------------------------------------------------------------------------------- Aggregate unrealized (depreciation) of investment securities (176,281,727) ======================================================================================== Net unrealized appreciation of investment securities $ 296,353,700 ________________________________________________________________________________________ ======================================================================================== Cost of investments for tax purposes is $2,446,629,312.
Item 2. Controls and Procedures. (a) As of September 21, 2009, an evaluation was performed under the supervision and with the participation of the officers of the Registrant, including the Principal Executive Officer ("PEO") and Principal Financial Officer ("PFO"), to assess the effectiveness of the Registrant's disclosure controls and procedures, as that term is defined in Rule 30a-3(c) under the Investment Company Act of 1940 ("Act"), as amended. Based on that evaluation, the Registrant's officers, including the PEO and PFO, concluded that, as of September 21, 2009, the Registrant's disclosure controls and procedures were reasonably designed so as to ensure: (1) that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the time periods specified by the rules and forms of the Securities and Exchange Commission; and (2) that material information relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely decisions regarding required disclosure. (b) There have been no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Act) that occurred during the Registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting. Item 3. Exhibits. Certifications of PEO and PFO as required by Rule 30a-2(a) under the Investment Company Act of 1940. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Registrant: AIM International Mutual Funds By: /s/ Philip A. Taylor --------------------------------- Philip A. Taylor Principal Executive Officer Date: September 29, 2009 Pursuant to the requirements of the Securities and Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated. By: /s/ Philip A. Taylor --------------------------------- Philip A. Taylor Principal Executive Officer Date: September 29, 2009 By: /s/ Sheri Morris --------------------------------- Sheri Morris Principal Financial Officer Date: September 29, 2009 EXHIBIT INDEX Certifications of Principal Executive Officer ("PEO") and Principal Financial Officer ("PFO") as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended. EX-99.CERT 2 h68062exv99wcert.txt EX-99.CERT I, Philip A. Taylor, Principal Executive Officer, certify that: 1. I have reviewed this report on Form N-Q of AIM International Mutual Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidating subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in this registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: September 29, 2009 /s/ Philip A. Taylor ---------------------------------------- Philip A. Taylor, Principal Executive Officer I, Sheri Morris, Principal Financial Officer, certify that: 1. I have reviewed this report on Form N-Q of AIM International Mutual Funds; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidating subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principals; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and (d) Disclosed in this report any change in this registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of trustees (or persons performing equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Date: September 29, 2009 /s/ Sheri Morris ---------------------------------------- Sheri Morris, Principal Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----