0001752724-23-222512.txt : 20230929 0001752724-23-222512.hdr.sgml : 20230929 20230928195601 ACCESSION NUMBER: 0001752724-23-222512 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230731 FILED AS OF DATE: 20230929 DATE AS OF CHANGE: 20230928 PERIOD START: 20231031 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: 231291439 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 S000064622 Invesco Global Focus Fund C000209193 Class R6 C000209194 Class R5 C000209195 Class A C000209196 Class Y C000209197 Class C C000209198 Class R NPORT-P 1 primary_doc.xml NPORT-P false 0000880859 XXXXXXXX S000064622 C000209197 C000209196 C000209193 C000209194 C000209198 C000209195 AIM International Mutual Funds (Invesco International Mutual Funds) 811-06463 0000880859 549300CGSTEJJ7H1ET84 11 Greenway Plaza Suite 1000 Houston 77046-1173 800-959-4246 Invesco Global Focus Fund S000064622 5493002J2WRNSW2PO535 2023-10-31 2023-07-31 N 573724747.43 1958350.21 571766397.22 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 285309.36000000 N Invesco Treasury Portfolio 5493004B3TM8ZIDDDC39 Invesco Treasury Portfolio, Institutional Class 825252406 4630675.53000000 NS USD 4630675.53000000 0.809889415067 Long STIV RF US N 1 N N N Moncler S.p.A. 815600EBD7FB00525B20 Moncler S.p.A. N/A 80686.00000000 NS 5832232.82000000 1.020037702172 Long EC CORP IT N 2 N N N Alphabet Inc. 5493006MHB84DD0ZWV18 Alphabet Inc., Class A 02079K305 267904.00000000 NS USD 35556218.88000000 6.218661861361 Long EC CORP US N 1 N N N CrowdStrike Holdings, Inc. 549300YBY08K9KM4HX32 CrowdStrike Holdings, Inc., Class A 22788C105 59314.00000000 NS USD 9588701.24000000 1.677031264275 Long EC CORP US N 1 N N N Amazon.com, Inc. ZXTILKJKG63JELOEG630 Amazon.com, Inc. 023135106 266037.00000000 NS USD 35563826.16000000 6.219992348783 Long EC CORP US N 1 N N N Stryker Corp. 5493002F0SC4JTBU5137 Stryker Corp. 863667101 58295.00000000 NS USD 16521385.95000000 2.889534262651 Long EC CORP US N 1 N N N Meituan 21380033K525E5JLIA77 Meituan, B Shares N/A 189620.00000000 NS 3607531.72000000 0.630945039362 Long EC CORP KY N 2 N N N Amadeus IT Group, S.A. 9598004A3FTY3TEHHN09 Amadeus IT Group, S.A. N/A 257379.00000000 NS 18473052.97000000 3.230874192645 Long EC CORP ES N 2 N N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 Novo Nordisk A/S, Class B N/A 129080.00000000 NS 20819508.63000000 3.641261314275 Long EC CORP DK N 2 N N N Invesco Government & Agency Portfolio 5493007T1J7WZ5QI1A47 Invesco Government & Agency Portfolio, Institutional Class 825252885 4051841.04000000 NS USD 4051841.04000000 0.708653229658 Long STIV RF US N 1 N N N Uber Technologies Inc. 549300B2FTG34FILDR98 Uber Technologies Inc. 90353T100 397776.00000000 NS USD 19674000.96000000 3.440915915250 Long EC CORP US N 1 N N N Mastercard Inc. AR5L2ODV9HN37376R084 Mastercard Inc., Class A 57636Q104 61828.00000000 NS USD 24377543.84000000 4.263549582229 Long EC CORP US N 1 N N N Marvell Technology, Inc. N/A Marvell Technology, Inc. 573874104 46495.00000000 NS USD 3028219.35000000 0.529625274364 Long EC CORP US N 1 N N N Infineon Technologies AG TSI2PJM6EPETEQ4X1U25 Infineon Technologies AG N/A 56798.00000000 NS 2497672.17000000 0.436834375392 Long EC CORP DE N 2 N N N Illumina, Inc. SQ95QG8SR5Q56LSNF682 Illumina, Inc. 452327109 62901.00000000 NS USD 12086427.15000000 2.113875038611 Long EC CORP US N 1 N N N Nice Ltd. 254900YTY4EF5Z4W0A51 Nice Ltd., ADR 653656108 73864.00000000 NS USD 16091272.40000000 2.814308864291 Long EC CORP IL N 1 N N N Airbnb, Inc. 549300HMUDNO0RY56D37 Airbnb, Inc., Class A 009066101 72409.00000000 NS USD 11019925.71000000 1.927347560748 Long EC CORP US N 1 N N N S&P Global Inc. Y6X4K52KMJMZE7I7MY94 S&P Global Inc. 78409V104 23245.00000000 NS USD 9170384.95000000 1.603869166601 Long EC CORP US N 1 N N N Lonza Group AG 549300EFW4H2TCZ71055 Lonza Group AG N/A 21726.00000000 NS 12609829.13000000 2.205416266382 Long EC CORP CH N 2 N N N Meta Platforms, Inc. BQ4BKCS1HXDV9HN80Z93 Meta Platforms, Inc., Class A 30303M102 219145.00000000 NS USD 69819597.00000000 12.21121026689 Long EC CORP US N 1 N N N Tecan Group AG 529900CSN9R3BLETSL26 Tecan Group AG, Class R H84774167 22833.00000000 NS 9086978.81000000 1.589281716131 Long EC CORP CH N 2 N N N Tencent Holdings Ltd. 254900N4SLUMW4XUYY11 Tencent Holdings Ltd. N/A 523700.00000000 NS 24036711.94000000 4.203939241072 Long EC CORP KY N 2 N N N Biotage AB 529900SR87NBUKX74L58 Biotage AB W25769139 181093.00000000 NS 2221296.14000000 0.388497146876 Long EC CORP SE N 2 N N N Alibaba Group Holding Ltd. 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd., ADR 01609W102 174996.00000000 NS USD 17877591.36000000 3.126729980447 Long EC CORP KY N 1 N N N Edwards Lifesciences Corp. YA13X31F3V31L8TMPR58 Edwards Lifesciences Corp. 28176E108 137773.00000000 NS USD 11307030.11000000 1.977561144722 Long EC CORP US N 1 N N N IDEXX Laboratories, Inc. OGMTXK0LUU1HKV2P0J84 IDEXX Laboratories, Inc. 45168D104 31384.00000000 NS USD 17409646.32000000 3.044887983037 Long EC CORP US N 1 N N N ServiceNow, Inc. 549300HJTQM36M0E1G39 ServiceNow, Inc. 81762P102 27913.00000000 NS USD 16273279.00000000 2.846141200168 Long EC CORP US N 1 N N N Hermes International 969500Y4IJGHJE2MTJ13 Hermes International N/A 15942.00000000 NS 35275913.84000000 6.169637462347 Long EC CORP FR N 2 N N N BeiGene, Ltd. 549300JFUK6FRD5MH739 BeiGene, Ltd., ADR 07725L102 41418.00000000 NS USD 8872563.96000000 1.551781287452 Long EC CORP KY N 1 N N N Adyen N.V. 724500973ODKK3IFQ447 Adyen N.V. N/A 8569.00000000 NS 15917053.40000000 2.783838553190 Long EC CORP NL N 2 N N N Invesco Liquid Assets Portfolio 549300DC1W0JSX3QRC47 Invesco Liquid Assets Portfolio 825252729 2893396.61200000 NS USD 2893685.95000000 0.506095839851 Long STIV RF US N 1 N N N NXP Semiconductors N.V. 724500M9BY5293JDF951 NXP Semiconductors N.V. N6596X109 13010.00000000 NS USD 2900969.80000000 0.507369760465 Long EC CORP NL N 1 N N N ASML Holding N.V. 724500Y6DUVHQD6OXN27 ASML Holding N.V. N07059202 19551.00000000 NS 13996368.34000000 2.447917262723 Long EC CORP NL N 2 N N N Thermo Fisher Scientific Inc. HCHV7422L5HDJZCRFL38 Thermo Fisher Scientific Inc. 883556102 38032.00000000 NS USD 20866637.12000000 3.649503927033 Long EC CORP US N 1 N N N JD.com, Inc. 549300HVTWB0GJZ16V92 JD.com, Inc., ADR 47215P106 52946.00000000 NS USD 2187199.26000000 0.382533718426 Long EC CORP KY N 1 N N N Visa Inc. 549300JZ4OKEHW3DPJ59 Visa Inc., Class A 92826C839 46301.00000000 NS USD 11007136.73000000 1.925110811603 Long EC CORP US N 1 N N N Wuxi Biologics (Cayman) Inc. 5493001TD2TH6VDTJU11 Wuxi Biologics (Cayman) Inc. N/A 1102500.00000000 NS 6331592.23000000 1.107373966148 Long EC CORP KY N 2 N N N Salesforce, Inc. RCGZFPDMRW58VJ54VR07 Salesforce, Inc. 79466L302 79220.00000000 NS USD 17825292.20000000 3.117583035076 Long EC CORP US N 1 N N N 2023-08-30 AIM International Mutual Funds (Invesco International Mutual Funds) Sheri Morris Sheri Morris President XXXX NPORT-EX 2 edgar.htm
Schedule of Investments(a)
July 31, 2023
(Unaudited)
  Shares Value
Common Stocks & Other Equity Interests–97.96%
Apparel, Accessories & Luxury Goods–7.19%
Hermes International (France) 15,942  $35,275,914
Moncler S.p.A. (Italy) 80,686   5,832,233
      41,108,147
Application Software–5.94%
Nice Ltd., ADR (Israel)(b) 73,864  16,091,272
Salesforce, Inc.(b) 79,220  17,825,292
      33,916,564
Biotechnology–1.55%
BeiGene Ltd., ADR (China)(b) 41,418   8,872,564
Broadline Retail–9.74%
Alibaba Group Holding Ltd., ADR ()(b) 174,996  17,877,592
Amazon.com, Inc.(b) 266,037  35,563,826
JD.com, Inc., ADR (China) 52,946   2,187,199
      55,628,617
Financial Exchanges & Data–1.61%
S&P Global, Inc. 23,245   9,170,385
Health Care Equipment–7.92%
Edwards Lifesciences Corp.(b) 137,773  11,307,030
IDEXX Laboratories, Inc.(b) 31,384  17,409,646
Stryker Corp. 58,295  16,521,386
      45,238,062
Hotels, Resorts & Cruise Lines–5.16%
Airbnb, Inc., Class A(b) 72,409  11,019,926
Amadeus IT Group S.A. (Spain) 257,379  18,473,053
      29,492,979
Interactive Media & Services–22.65%
Alphabet, Inc., Class A(b) 267,904  35,556,219
Meta Platforms, Inc., Class A(b) 219,145  69,819,597
Tencent Holdings Ltd. (China) 523,700  24,036,712
      129,412,528
Life Sciences Tools & Services–11.06%
Biotage AB (Sweden) 181,093   2,221,296
Illumina, Inc.(b) 62,901  12,086,427
Lonza Group AG (Switzerland) 21,726  12,609,829
Tecan Group AG, Class R ()(b) 22,833   9,086,979
Thermo Fisher Scientific, Inc. 38,032  20,866,637
Wuxi Biologics Cayman, Inc. (China)(b)(c) 1,102,500   6,331,592
      63,202,760
  Shares Value
Passenger Ground Transportation–3.44%
Uber Technologies, Inc.(b) 397,776  $19,674,001
Pharmaceuticals–3.64%
Novo Nordisk A/S, Class B (Denmark) 129,080  20,819,509
Restaurants–0.63%
Meituan, B Shares (China)(b)(c) 189,620   3,607,532
Semiconductor Materials & Equipment–2.45%
ASML Holding N.V. (Netherlands) 19,551  13,996,368
Semiconductors–1.47%
Infineon Technologies AG (Germany) 56,798   2,497,672
Marvell Technology, Inc. 46,495   3,028,219
NXP Semiconductors N.V. (China) 13,010   2,900,970
      8,426,861
Systems Software–4.53%
Crowdstrike Holdings, Inc., Class A(b) 59,314   9,588,701
ServiceNow, Inc.(b) 27,913  16,273,279
      25,861,980
Transaction & Payment Processing Services–8.98%
Adyen N.V. (Netherlands)(b)(c) 8,569  15,917,053
Mastercard, Inc., Class A 61,828  24,377,544
Visa, Inc., Class A 46,301  11,007,137
      51,301,734
Total Common Stocks & Other Equity Interests (Cost $345,120,014) 559,730,591
Money Market Funds–2.02%
Invesco Government & Agency Portfolio, Institutional Class, 5.18%(d)(e) 4,051,841   4,051,841
Invesco Liquid Assets Portfolio, Institutional Class, 5.28%(d)(e) 2,893,397   2,893,686
Invesco Treasury Portfolio, Institutional Class, 5.18%(d)(e) 4,630,676   4,630,676
Total Money Market Funds (Cost $11,576,230) 11,576,203
TOTAL INVESTMENTS IN SECURITIES–99.98% (Cost $356,696,244) 571,306,794
OTHER ASSETS LESS LIABILITIES—0.02% 97,918
NET ASSETS–100.00% $571,404,712
 
Investment Abbreviations:
ADR – American Depositary Receipt
See accompanying notes which are an integral part of this schedule.
Invesco Global Focus Fund
Notes to Schedule of Investments:
(a) Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s.
(b) Non-income producing security.
(c) 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, 2023 was $25,856,177, which represented 4.53% of the Fund’s Net Assets.
(d) Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the nine months ended July 31, 2023.
    
  Value
October 31, 2022 		Purchases
at Cost 		Proceeds
from Sales 		Change in
Unrealized
Appreciation
(Depreciation) 		Realized
Gain
(Loss) 		Value
July 31, 2023 		Dividend Income
Investments in Affiliated Money Market Funds:              
Invesco Government & Agency Portfolio, Institutional Class $- $24,843,938 $(20,792,097) $- $- $4,051,841 $98,178
Invesco Liquid Assets Portfolio, Institutional Class - 17,745,670 (14,851,529) (27) (428) 2,893,686 71,694
Invesco Treasury Portfolio, Institutional Class - 28,393,073 (23,762,397) - - 4,630,676 111,896
Total $- $70,982,681 $(59,406,023) $(27) $(428) $11,576,203 $281,768
    
(e) The rate shown is the 7-day SEC standardized yield as of July 31, 2023.
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 Focus Fund
Notes to Quarterly Schedule of Portfolio Holdings
July 31, 2023
(Unaudited)
NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 – Prices are determined using quoted prices in an active market for identical assets.
Level 2 – Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of the tiered valuation input levels, as of July 31, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
  Level 1 Level 2 Level 3 Total
Investments in Securities        
Common Stocks & Other Equity Interests $389,024,849 $170,705,742 $— $559,730,591
Money Market Funds 11,576,203 — — 11,576,203
Total Investments $400,601,052 $170,705,742 $— $571,306,794
Invesco Global Focus Fund