| ADR | – American Depositary Receipt |
| CDI | – CREST Depository Interest |
| Pfd. | – Preferred |
| (a) | Non-income producing security. |
| (b) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at July 31, 2020 was $796,893,995, which represented 6.52% of the Fund’s Net Assets. |
| (c) | Affiliated issuer. The issuer is affiliated by having an investment adviser that is under common control of Invesco Ltd. and/or the Investment Company Act of 1940, as amended (the “1940 Act”), defines “affiliated person” to include an issuer of 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 1940 Act) of that issuer. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the nine months ended July 31, 2020. |
| Value October 31, 2019 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain (Loss) | Value July 31, 2020 | Dividend Income | |
| Investments in Affiliated Money Market Funds: | |||||||
| Invesco Government & Agency Portfolio, Institutional Class | $196,446,145 | $3,583,896,847 | $(3,564,823,488) | $- | $- | $215,519,504 | $885,360 |
| Investments in Other Affiliates: | |||||||
| Prosegur Cia de Seguridad S.A. | 112,217,841 | - | (110,496,967) | 16,252,174 | (17,973,048) | - | 462,112 |
| VAT Group AG* | 272,526,250 | - | (171,615,391) | 41,400,620 | 7,177,532 | 149,489,011 | 3,737,203 |
| Total | $581,190,236 | $3,583,896,847 | $(3,846,935,846) | $57,652,794 | $(10,795,516) | $365,008,515 | $5,084,675 |
| * | As of July 31, 2020, this security was not considered as an affiliate of the Fund. |
| (d) | The rate shown is the 7-day SEC standardized yield as of July 31, 2020. |
| Level 1 | Level 2 | Level 3 | Total | |
| Investments in Securities | ||||
| Australia | $— | $247,132,531 | $— | $247,132,531 |
| Belgium | 12,150,095 | 90,146,100 | — | 102,296,195 |
| Canada | 685,249,489 | — | — | 685,249,489 |
| China | 231,694,723 | 245,765,828 | — | 477,460,551 |
| Denmark | 69,304,387 | 336,833,441 | — | 406,137,828 |
| France | — | 1,792,983,138 | — | 1,792,983,138 |
| Germany | — | 887,873,144 | — | 887,873,144 |
| Hong Kong | — | 110,139,049 | — | 110,139,049 |
| India | 791,524 | 37,695,083 | — | 38,486,607 |
| Ireland | — | 182,548,379 | — | 182,548,379 |
| Italy | — | 130,259,283 | — | 130,259,283 |
| Japan | — | 1,148,789,386 | — | 1,148,789,386 |
| Netherlands | — | 620,768,289 | — | 620,768,289 |
| New Zealand | — | 143,385,514 | — | 143,385,514 |
| Spain | — | 307,926,283 | — | 307,926,283 |
| Sweden | — | 642,098,033 | — | 642,098,033 |
| Switzerland | — | 1,320,573,469 | — | 1,320,573,469 |
| Taiwan | — | 398,516,850 | — | 398,516,850 |
| United Kingdom | — | 1,304,295,141 | — | 1,304,295,141 |
| United States | 699,356,898 | 247,721,955 | — | 947,078,853 |
| Money Market Funds | 215,519,504 | — | — | 215,519,504 |
| Total Investments | $1,914,066,620 | $10,195,450,896 | $— | $12,109,517,516 |