| Shares | Value | ||
| Money Market Funds–(continued) | |||
| Invesco Private Prime Fund, 5.49%(o)(p)(q) | 7,547,282 | $7,551,056 | |
| Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $11,438,772) | 11,438,717 | ||
| TOTAL INVESTMENTS IN SECURITIES–112.86% (Cost $193,024,399) | 221,879,477 | ||
| OTHER ASSETS LESS LIABILITIES—(12.86)% | (25,282,358) | ||
| NET ASSETS–100.00% | $196,597,119 | ||
| ADR | – American Depositary Receipt |
| Ctfs. | – Certificates |
| IO | – Interest Only |
| Pfd. | – Preferred |
| PO | – Principal Only |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| REIT | – Real Estate Investment Trust |
| REMICs | – Real Estate Mortgage Investment Conduits |
| SOFR | – Secured Overnight Financing Rate |
| STACR® | – Structured Agency Credit Risk |
| STRIPS | – Separately Traded Registered Interest and Principal Security |
| TBA | – To Be Announced |
| (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) | All or a portion of this security was out on loan at March 31, 2024. |
| (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 aggregate value of these securities at March 31, 2024 was $39,237,835, which represented 19.96% of the Fund’s Net Assets. |
| (e) | Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate. |
| (f) | Perpetual bond with no specified maturity date. |
| (g) | Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on March 31, 2024. |
| (h) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| (i) | Step coupon bond. The interest rate represents the coupon rate at which the bond will accrue at a specified future date. |
| (j) | Interest only security. Principal amount shown is the notional principal and does not reflect the maturity value of the security. |
| (k) | Interest only security. Principal amount shown is the notional principal and does not reflect the maturity value of the security. Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on March 31, 2024. |
| (l) | Zero coupon bond issued at a discount. |
| (m) | Security purchased on a forward commitment basis. This security is subject to dollar roll transactions. |
| (n) | Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on March 31, 2024. |
| (o) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended March 31, 2024. |
| Value December 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Value March 31, 2024 | Dividend Income | |
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||
| Invesco Private Government Fund | $1,460,352 | $13,325,735 | $(10,898,426) | $- | $- | $3,887,661 | $21,634* |
| Invesco Private Prime Fund | 3,755,188 | 24,102,626 | (20,305,853) | (729) | (176) | 7,551,056 | 58,091* |
| Total | $5,215,540 | $37,428,361 | $(31,204,279) | $(729) | $(176) | $11,438,717 | $79,725 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (p) | The rate shown is the 7-day SEC standardized yield as of March 31, 2024. |
| (q) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
| Open Futures Contracts(a) | |||||
| Long Futures Contracts | Number of Contracts | Expiration Month | Notional Value | Value | Unrealized Appreciation (Depreciation) |
| Interest Rate Risk | |||||
| U.S. Treasury 2 Year Notes | 4 | June-2024 | $817,938 | $(654) | $(654) |
| U.S. Treasury 5 Year Notes | 42 | June-2024 | 4,494,656 | 5,566 | 5,566 |
| U.S. Treasury 10 Year Notes | 15 | June-2024 | 1,661,953 | (6,061) | (6,061) |
| U.S. Treasury Long Bonds | 20 | June-2024 | 2,408,750 | 40,268 | 40,268 |
| U.S. Treasury Ultra Bonds | 20 | June-2024 | 2,580,000 | 47,293 | 47,293 |
| Subtotal—Long Futures Contracts | 86,412 | 86,412 | |||
| Short Futures Contracts | |||||
| Interest Rate Risk | |||||
| U.S. Treasury 10 Year Ultra Notes | 85 | June-2024 | (9,741,797) | (39,364) | (39,364) |
| Total Futures Contracts | $47,048 | $47,048 | |||
| (a) | Futures contracts collateralized by $416,935 cash held with Merrill Lynch International, the futures commission merchant. |
| Level 1 | Level 2 | Level 3 | Total | |
| Investments in Securities | ||||
| Common Stocks & Other Equity Interests | $83,728,037 | $843,211 | $— | $84,571,248 |
| U.S. Dollar Denominated Bonds & Notes | — | 49,363,392 | 443,940 | 49,807,332 |
| U.S. Government Sponsored Agency Mortgage-Backed Securities | — | 33,880,084 | — | 33,880,084 |
| Asset-Backed Securities | — | 22,445,499 | — | 22,445,499 |
| U.S. Treasury Securities | — | 18,226,539 | — | 18,226,539 |
| Agency Credit Risk Transfer Notes | — | 632,393 | — | 632,393 |
| Preferred Stocks | 305,498 | 208,231 | — | 513,729 |
| Municipal Obligations | — | 363,936 | — | 363,936 |
| Money Market Funds | — | 11,438,717 | — | 11,438,717 |
| Total Investments in Securities | 84,033,535 | 137,402,002 | 443,940 | 221,879,477 |
| Other Investments - Assets* | ||||
| Futures Contracts | 93,127 | — | — | 93,127 |
| Other Investments - Liabilities* | ||||
| Futures Contracts | (46,079) | — | — | (46,079) |
| Total Other Investments | 47,048 | — | — | 47,048 |
| Total Investments | $84,080,583 | $137,402,002 | $443,940 | $221,926,525 |
| * | Unrealized appreciation (depreciation). |