NPORT-EX 2 edgar.htm
Schedule of Investments
July 31, 2021
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–99.98%
Argentina–0.28%
Reservas de Maternidad - Swiss Medical(a)(b) 1,029,617,880     $38,593,167
Brazil–0.72%
StoneCo Ltd., Class A(c) 1,713,077    100,797,451
China–3.49%
JD.com, Inc., ADR(c) 6,349,093    450,023,712
Meituan, B Shares(c)(d) 1,384,600     38,371,528
      488,395,240
Denmark–0.35%
Ambu A/S, Class B 1,163,626     43,051,175
Ascendis Pharma A/S, ADR(c) 51,902      6,134,298
      49,185,473
France–11.48%
Airbus SE(c) 3,129,088    429,266,414
Dassault Systemes SE 891,660     49,192,960
Kering S.A. 484,091    434,668,937
LVMH Moet Hennessy Louis Vuitton SE 865,044    692,258,812
      1,605,387,123
Germany–2.47%
SAP SE 2,404,878    344,921,895
India–3.87%
DLF Ltd. 70,355,450    319,764,623
ICICI Bank Ltd., ADR 11,904,539    221,305,380
      541,070,003
Italy–0.34%
Brunello Cucinelli S.p.A.(c) 773,116     48,007,747
Japan–12.54%
Capcom Co. Ltd. 1,377,900     37,977,515
FANUC Corp. 598,400    134,018,852
Keyence Corp. 656,012    365,283,365
Murata Manufacturing Co. Ltd. 4,330,212    359,068,175
Nidec Corp. 3,819,432    429,158,104
Omron Corp. 2,246,400    192,182,871
Takeda Pharmaceutical Co. Ltd. 1,621,289     53,894,580
TDK Corp. 1,587,300    181,322,766
      1,752,906,228
Netherlands–0.91%
ASML Holding N.V. 127,086     96,636,052
uniQure N.V.(c) 1,031,898     29,935,361
      126,571,413
Spain–0.98%
Industria de Diseno Textil S.A. 4,029,652    136,718,021
Sweden–3.40%
Assa Abloy AB, Class B 6,401,588    205,259,635
Atlas Copco AB, Class A 3,998,937    270,705,292
      475,964,927
  Shares Value
Switzerland–0.95%
Lonza Group AG 88,537     $68,906,825
Zur Rose Group AG(c) 172,835     64,300,125
      133,206,950
United Kingdom–2.36%
Farfetch Ltd., Class A(c) 3,672,396    184,060,488
Prudential PLC 7,726,408    145,229,533
      329,290,021
United States–55.84%
Adobe, Inc.(c) 1,036,938    644,591,769
Agilent Technologies, Inc. 1,856,680    284,499,076
Alphabet, Inc., Class A(c) 575,278  1,550,103,829
Amazon.com, Inc.(c) 36,690    122,089,277
Analog Devices, Inc. 172,447     28,871,077
Avantor, Inc.(c) 5,874,297    220,756,081
Boston Scientific Corp.(c) 1,675,490     76,402,344
Castle Biosciences, Inc.(c) 406,818     28,416,237
Charles River Laboratories International, Inc.(c) 188,480     76,696,282
Dun & Bradstreet Holdings, Inc.(c) 1,003,057     21,024,075
Electronic Arts, Inc. 466,499     67,157,196
Equifax, Inc. 1,047,869    273,074,661
Facebook, Inc., Class A(c) 2,050,329    730,532,223
Fate Therapeutics, Inc.(c) 296,684     24,565,435
Fidelity National Information Services, Inc. 1,169,301    174,284,314
Illumina, Inc.(c) 223,661    110,879,941
Intuit, Inc. 1,384,920    733,966,052
Intuitive Surgical, Inc.(c) 67,129     66,555,718
IQVIA Holdings, Inc.(c) 356,418     88,284,739
Marriott International, Inc., Class A(c) 125,102     18,262,390
Maxim Integrated Products, Inc. 3,892,205    388,870,201
Microsoft Corp. 489,160    139,366,576
NVIDIA Corp. 66,160     12,900,538
PayPal Holdings, Inc.(c) 1,296,571    357,244,208
Pegasystems, Inc. 590,801     75,409,840
Phathom Pharmaceuticals, Inc.(c) 1,123,410     36,061,461
Qualtrics International, Inc., Class A(c) 596,957     24,911,016
S&P Global, Inc. 1,519,633    651,497,060
Twist Bioscience Corp.(c) 58,158      7,156,342
United Parcel Service, Inc., Class B 1,455,595    278,542,659
Veracyte, Inc.(c) 1,657,477     73,857,175
Visa, Inc., Class A 670,823    165,284,079
Walt Disney Co. (The)(c) 1,447,460    254,781,909
      7,806,895,780
Total Common Stocks & Other Equity Interests (Cost $4,317,057,390) 13,977,911,439
Preferred Stocks–0.00%
India–0.00%
Zee Entertainment Enterprises Ltd., 6.00%, Pfd.
(Cost $0) 		15,040,130        406,244
 
See accompanying notes which are an integral part of this schedule.
Invesco Global Fund
  Shares Value
Money Market Funds–0.00%
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(a)(e) 79             $79
Invesco Treasury Portfolio, Institutional Class, 0.01%(a)(e) 91             91
Total Money Market Funds (Cost $170) 170
TOTAL INVESTMENTS IN SECURITIES—99.98% (Cost $4,317,057,560) 13,978,317,853
OTHER ASSETS LESS LIABILITIES–0.02% 3,333,297
NET ASSETS–100.00% $13,981,651,150
Investment Abbreviations:
ADR – American Depositary Receipt
Pfd. – Preferred
Notes to Schedule of Investments:
(a) 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, 2021.
    
  Value
October 31, 2020 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation 		Realized
Gain
(Loss) 		Value
July 31, 2021 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $4,269,509 $258,549,484 $(262,818,914) $- $- $79 $1,362
Invesco Liquid Assets Portfolio, Institutional Class 3,048,843 179,043,434 (182,092,253) 192 (216) - 1,290
Invesco Treasury Portfolio, Institutional Class 4,879,438 295,485,125 (300,364,472) - - 91 634
Investments in Other Affiliates:              
Reservas de Maternidad - Swiss Medical 36,663,663 - - 1,929,504 - 38,593,167 -
Total $48,861,453 $733,078,043 $(745,275,639) $1,929,696 $(216) $38,593,337 $3,286
    
(b) Security valued using significant unobservable inputs (Level 3). See Note 1.
(c) Non-income producing security.
(d) 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 value of this security at July 31, 2021 represented less than 1% of the Fund’s Net Assets.
(e) The rate shown is the 7-day SEC standardized yield as of July 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 Global Fund
Notes to Quarterly Schedule of Portfolio Holdings
July 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 July 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        
Argentina $— $— $38,593,167 $38,593,167
Brazil 100,797,451 — — 100,797,451
China 450,023,712 38,371,528 — 488,395,240
Denmark 6,134,298 43,051,175 — 49,185,473
France — 1,605,387,123 — 1,605,387,123
Germany — 344,921,895 — 344,921,895
India 221,711,624 319,764,623 — 541,476,247
Italy — 48,007,747 — 48,007,747
Japan — 1,752,906,228 — 1,752,906,228
Netherlands 29,935,361 96,636,052 — 126,571,413
Spain — 136,718,021 — 136,718,021
Sweden — 475,964,927 — 475,964,927
Switzerland — 133,206,950 — 133,206,950
United Kingdom 184,060,488 145,229,533 — 329,290,021
United States 7,806,895,780 — — 7,806,895,780
Money Market Funds 170 — — 170
Total Investments $8,799,558,884 $5,140,165,802 $38,593,167 $13,978,317,853
Invesco Global Fund