0001752724-21-069404.txt : 20210401 0001752724-21-069404.hdr.sgml : 20210401 20210331211630 ACCESSION NUMBER: 0001752724-21-069404 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210131 FILED AS OF DATE: 20210401 PERIOD START: 20211031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) CENTRAL INDEX KEY: 0000880859 IRS NUMBER: 760352823 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06463 FILM NUMBER: 21795688 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: 11 GREENWAY PLAZA STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20031126 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 0000880859 S000052140 Invesco International Select Equity Fund C000164117 Class A C000164118 Class C C000164119 Class R C000164120 Class Y C000164121 Class R5 C000164122 Class R6 NPORT-P 1 primary_doc.xml NPORT-P false 0000880859 XXXXXXXX S000052140 C000164119 C000164121 C000164118 C000164117 C000164122 C000164120 AIM International Mutual Funds (Invesco International Mutual Funds) 811-06463 0000880859 549300CGSTEJJ7H1ET84 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco International Select Equity Fund S000052140 549300TBJXBD154R4267 2021-10-31 2021-01-31 N 248410871.50 1970114.22 246440757.28 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 719574.55000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 7674629.89000000 NS USD 7674629.89000000 3.114188567956 Long STIV RF US N 1 N N N Gree Electric Appliances, Inc. of Zhuhai N/A Gree Electric Appliances, Inc. of Zhuhai, A Shares N/A 1305555.00000000 NS 11330421.98000000 4.597625045895 Long EC CORP CN N 2 N N N Corporate Travel Management Ltd. 529900NSAKXFXS5XED26 Corporate Travel Management Ltd. N/A 805670.00000000 NS 10180700.30000000 4.131094390540 Long EC CORP AU N 2 N N N MISUMI Group, Inc. 353800SJWGE5BEK2V032 MISUMI Group, Inc. N/A 37300.00000000 NS 1216488.13000000 0.493622947529 Long EC CORP JP N 2 N N N FANUC Corp. 529900QTSW745LOKW705 FANUC Corp. N/A 27900.00000000 NS 7326730.10000000 2.973018822400 Long EC CORP JP N 2 N N N Amadeus IT Group S.A. 9598004A3FTY3TEHHN09 Amadeus IT Group S.A. N/A 118061.00000000 NS 7473335.56000000 3.032507951397 Long EC CORP ES N 2 N N N Enento Group OYJ 743700EPLUWXE25HGM03 Enento Group OYJ N/A 139143.00000000 NS 5328813.91000000 2.162310312959 Long EC CORP FI N 2 N N N Prosus N.V. 635400Z5LQ5F9OLVT688 Prosus N.V. N/A 159301.00000000 NS 18508995.76000000 7.510525435924 Long EC CORP NL N 2 N N N KE Holdings, Inc. 254900RHVY072XPAZE03 KE Holdings, Inc., ADR 482497104 38000.00000000 NS USD 2245800.00000000 0.911294067096 Long EC CORP KY N 1 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 6715301.07000000 NS USD 6715301.07000000 2.724914962978 Long STIV RF US N 1 N N N Anheuser-Busch InBev S.A./N.V. 5493008H3828EMEXB082 Anheuser-Busch InBev S.A./N.V. N/A 95256.00000000 NS 5982176.54000000 2.427429864291 Long EC CORP BE N 2 N N N Sands China Ltd. 549300EVO6UZDGY05787 Sands China Ltd. G7800X107 3215200.00000000 NS 13060148.41000000 5.299508309480 Long EC CORP KY N 2 N N N Samsung Electronics Co. Ltd. 9884007ER46L6N7EI764 Samsung Electronics Co. Ltd., Preference Shares N/A 104300.00000000 NS 6794637.13000000 2.757107714240 Long EP CORP KR N 2 N N N MINISO Group Holding Ltd. 2549006PIKT2YKNBL092 MINISO Group Holding Ltd., ADR 66981J102 63500.00000000 NS USD 2000250.00000000 0.811655515945 Long EC CORP KY N 1 N N N Kao Corp. 353800HM38HFCB8RGL63 Kao Corp. N/A 19800.00000000 NS 1441162.76000000 0.584790752920 Long EC CORP JP N 2 N N N Pan Pacific International Holdings Corp. 529900QLHJM2E18A5763 Pan Pacific International Holdings Corp. N/A 36300.00000000 NS 817684.40000000 0.331797552087 Long EC CORP JP N 2 N N N Sony Corp. 529900R5WX9N2OI2N910 Sony Corp. N/A 85200.00000000 NS 8153177.82000000 3.308372328501 Long EC CORP JP N 2 N N N SoftBank Group Corp. 5493003BZYYYCDIO0R13 SoftBank Group Corp. N/A 98500.00000000 NS 7588414.37000000 3.079204289807 Long EC CORP JP N 2 N N N Kweichow Moutai Co. Ltd. N/A Kweichow Moutai Co. Ltd., A Shares N/A 22971.00000000 NS 7527574.38000000 3.054516819004 Long EC CORP CN N 2 N N N DSV Panalpina A/S 529900X41C0BSLK67H70 DSV Panalpina A/S N/A 22000.00000000 NS 3431012.64000000 1.392226138999 Long EC CORP DK N 2 N N N Clarkson PLC 2138007G6BGTEHI3OT22 Clarkson PLC N/A 49480.00000000 NS 1694099.52000000 0.687426681648 Long EC CORP GB N 2 N N N Edenred 9695006LOD5B2D7Y0N70 Edenred N/A 158685.00000000 NS 8614236.94000000 3.495459531563 Long EC CORP FR N 2 N N N Eurofins Scientific SE 529900JEHFM47DYY3S57 Eurofins Scientific SE N/A 104030.00000000 NS 9996552.94000000 4.056371620641 Long EC CORP LU N 2 N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd., ADR 01609W102 65300.00000000 NS USD 16575099.00000000 6.725794541025 Long EC CORP KY N 1 N N N SMC Corp. 353800O40V08DOZ70X62 SMC Corp. N/A 3900.00000000 NS 2367074.43000000 0.960504445825 Long EC CORP JP N 2 N N N Focus Media Information Technology Co., Ltd. 300300V7WGZW0LZKTD06 Focus Media Information Technology Co., Ltd., A Shares N/A 3453834.00000000 NS 5785611.91000000 2.347668451378 Long EC CORP CN N 2 N N N Autohome, Inc. 529900NYB6ZGZN3MVT56 Autohome, Inc., ADR 05278C107 35163.00000000 NS USD 3876017.49000000 1.572798887968 Long EC CORP KY N 1 N N N Scout24 AG 5493007EIKM2ENQS7U66 Scout24 AG N/A 149887.00000000 NS 11601542.91000000 4.707639693225 Long EC CORP DE N 2 N N N Howden Joinery Group PLC 213800KC1LJOJTY3JP45 Howden Joinery Group PLC N/A 1083169.00000000 NS 9955687.11000000 4.039789205276 Long EC CORP GB N 2 N N N Eckert & Ziegler Strahlen- und Medizintechnik AG 391200EUDABLUKXCKG48 Eckert & Ziegler Strahlen- und Medizintechnik AG N/A 91865.00000000 NS 6122611.07000000 2.484414971604 Long EC CORP DE N 2 N N N Liberty Global PLC 549300BSGXG3QLIQYT84 Liberty Global PLC, Class A G5480U104 158499.00000000 NS USD 3826165.86000000 1.552570241314 Long EC CORP GB N 1 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio, Institutional Class 825252729 4788194.21400000 NS USD 4790109.49000000 1.943716430215 Long STIV RF US N 1 N N N Bureau Veritas S.A. 969500TPU5T3HA5D1F11 Bureau Veritas S.A. N/A 113142.00000000 NS 2975186.63000000 1.207262411801 Long EC CORP FR N 2 N N N Auto Trader Group PLC 213800QLK9BZILB1DI86 Auto Trader Group PLC N/A 518477.00000000 NS 4003790.55000000 1.624646261515 Long EC CORP GB N 2 N N N Virscend Education Co. Ltd. N/A Virscend Education Co. Ltd. N/A 25786000.00000000 NS 6554667.67000000 2.659733618069 Long EC CORP KY N 2 N N N Ritchie Bros. Auctioneers, Inc. 5493002H8U24DJXQ4886 Ritchie Bros. Auctioneers, Inc. 767744105 83565.00000000 NS USD 4922814.15000000 1.997564933793 Long EC CORP CA N 1 N N N AIA Group Ltd. ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd. N/A 568200.00000000 NS 6961821.79000000 2.824947410013 Long EC CORP HK N 2 N N N 2021-03-02 AIM International Mutual Funds (Invesco International Mutual Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments
January 31, 2021
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–93.06%
Australia–4.13%
Corporate Travel Management Ltd.(a) 805,670  $10,180,700
Belgium–2.43%
Anheuser-Busch InBev S.A./N.V. 95,256   5,982,177
Canada–2.00%
Ritchie Bros. Auctioneers, Inc. 83,565   4,922,814
China–22.89%
Alibaba Group Holding Ltd., ADR(a) 65,300  16,575,099
Autohome, Inc., ADR 35,163   3,876,017
Focus Media Information Technology Co. Ltd., A Shares 3,453,834   5,785,612
Gree Electric Appliances, Inc. of Zhuhai, A Shares 1,305,555  11,330,422
KE Holdings, Inc., ADR(a) 38,000   2,245,800
Kuaishou Technology(a)(b)(c) 36,800     551,336
Kweichow Moutai Co. Ltd., A Shares 22,971   7,527,574
MINISO Group Holding Ltd., ADR(a) 63,500   2,000,250
Virscend Education Co. Ltd.(a)(b) 25,786,000   6,554,668
      56,446,778
Denmark–1.39%
DSV Panalpina A/S 22,000   3,431,013
Finland–2.16%
Enento Group OYJ(a)(b) 139,143   5,328,814
France–4.70%
Bureau Veritas S.A.(a) 113,142   2,975,187
Edenred 158,685   8,614,237
      11,589,424
Germany–7.25%
Eckert & Ziegler Strahlen- und Medizintechnik AG 91,865   6,122,611
Scout24 AG(b) 151,932  11,759,830
      17,882,441
Hong Kong–2.82%
AIA Group Ltd. 568,200   6,961,822
Japan–12.18%
FANUC Corp. 27,900   7,326,730
Kao Corp. 19,800   1,441,163
  Shares Value
Japan–(continued)
MISUMI Group, Inc. 37,300   $1,216,488
Pan Pacific International Holdings Corp. 85,600   1,928,204
SMC Corp. 3,900   2,367,074
SoftBank Group Corp. 98,500   7,588,414
Sony Corp. 85,200   8,153,178
      30,021,251
Luxembourg–4.05%
Eurofins Scientific SE(a) 104,030   9,996,553
Macau–5.30%
Sands China Ltd. 3,215,200  13,060,148
Netherlands–7.51%
Prosus N.V.(a) 159,301  18,508,996
South Korea–2.76%
Samsung Electronics Co. Ltd., Preference Shares 104,300   6,794,637
Spain–3.03%
Amadeus IT Group S.A.(a) 118,061   7,473,336
United Kingdom–8.46%
Auto Trader Group PLC(b) 518,477   4,003,791
Clarkson PLC 49,480   1,694,099
Howden Joinery Group PLC(a) 1,083,169   9,955,687
Liberty Global PLC, Class A(a) 158,499   3,826,166
Trainline PLC(a)(b) 246,502   1,378,674
      20,858,417
Total Common Stocks & Other Equity Interests (Cost $165,976,577) 229,439,321
Money Market Funds–7.78%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(d)(e) 6,715,301   6,715,301
Invesco Liquid Assets Portfolio, Institutional Class, 0.05%(d)(e) 4,788,194   4,790,109
Invesco Treasury Portfolio, Institutional Class, 0.01%(d)(e) 7,674,630   7,674,630
Total Money Market Funds (Cost $19,180,040) 19,180,040
TOTAL INVESTMENTS IN SECURITIES—100.84% (Cost $185,156,617) 248,619,361
OTHER ASSETS LESS LIABILITIES–(0.84)% (2,077,765)
NET ASSETS–100.00% $246,541,596
 
Investment Abbreviations:
ADR – American Depositary Receipt
See accompanying notes which are an integral part of this schedule.
Invesco International Select Equity Fund
Notes to Schedule of Investments:
(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 January 31, 2021 was $29,577,113, which represented 12.00% of the Fund’s Net Assets.
(c) Security valued using significant unobservable inputs (Level 3). See Note 1.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2021.
    
  Value
October 31, 2020 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain
(Loss) 		Value
January 31, 2021 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $4,062,975 $8,029,920 $(5,377,594) $- $- $6,715,301 $254
Invesco Liquid Assets Portfolio, Institutional Class 2,895,665 5,735,658 (3,841,139) 234 (309) 4,790,109 581
Invesco Treasury Portfolio, Institutional Class 4,643,401 9,177,051 (6,145,822) - - 7,674,630 138
Total $11,602,041 $22,942,629 $(15,364,555) $234 $(309) $19,180,040 $973
    
(e) The rate shown is the 7-day SEC standardized yield as of January 31, 2021.
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco International Select Equity Fund
Notes to Quarterly Schedule of Portfolio Holdings
January 31, 2021
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of January 31, 2021. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Australia $— $10,180,700 $— $10,180,700
Belgium — 5,982,177 — 5,982,177
Canada 4,922,814 — — 4,922,814
China 24,697,166 31,198,276 551,336 56,446,778
Denmark — 3,431,013 — 3,431,013
Finland — 5,328,814 — 5,328,814
France — 11,589,424 — 11,589,424
Germany — 17,882,441 — 17,882,441
Hong Kong — 6,961,822 — 6,961,822
Japan — 30,021,251 — 30,021,251
Luxembourg — 9,996,553 — 9,996,553
Macau — 13,060,148 — 13,060,148
Netherlands — 18,508,996 — 18,508,996
South Korea — 6,794,637 — 6,794,637
Spain — 7,473,336 — 7,473,336
United Kingdom 3,826,166 17,032,251 — 20,858,417
Money Market Funds 19,180,040 — — 19,180,040
Total Investments $52,626,186 $195,441,839 $551,336 $248,619,361
NOTE 2—Coronavirus (COVID-19) Pandemic
During the first quarter of 2020, the World Health Organization declared COVID-19 to be a public health emergency. COVID-19 has led to increased short-term market volatility and may have adverse long-term effects on U.S. and world economies and markets in general. COVID-19 may adversely impact the Fund’s ability to achieve its investment objective, as stated in the most recent shareholder report. Because of the uncertainties on valuation, the global economy and business operations, values reflected in the Schedule of Investments may materially differ from the value received upon actual sales of those investments.
The extent of the impact on the performance of the Fund and its investments will depend on future developments, including the duration and spread of the COVID-19 outbreak, related restrictions and advisories, and the effects on the financial markets and economy overall, all of which are highly uncertain and cannot be predicted.
Invesco International Select Equity Fund