Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ Destination Fund | |||||||||
Schedule of Investments in Affiliated Issuers–98.14%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–10.74% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 6.90% | $372,819 | $110,607 | $(69,892) | $(102,253) | $2,069 | $6,632 | 41,836 | $313,350 |
Invesco Multi-Asset Income Fund, Class R6 | 3.84% | 201,619 | 48,193 | (25,632) | (46,840) | (2,902) | 9,531 | 23,196 | 174,438 |
Total Alternative Funds | 574,438 | 158,800 | (95,524) | (149,093) | (833) | 16,163 | 487,788 | ||
Domestic Equity Funds–20.93% | |||||||||
Invesco PureBetaSM MSCI USA ETF | 3.13% | — | 178,244 | (2,780) | (33,085) | (519) | 1,271 | 3,967 | 141,860 |
Invesco S&P 500® Enhanced Value ETF | 7.98% | 432,173 | 84,762 | (77,221) | (94,473) | 16,912 | 7,515 | 10,007 | 362,153 |
Invesco S&P 500® High Dividend Low Volatility ETF | 9.82% | 544,492 | 108,848 | (140,140) | (87,404) | 20,214 | 14,523 | 11,404 | 446,010 |
Total Domestic Equity Funds | 976,665 | 371,854 | (220,141) | (214,962) | 36,607 | 23,309 | 950,023 | ||
Fixed Income Funds–54.06% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 8.54% | 424,429 | 129,013 | (78,448) | (78,539) | (8,589) | 9,104 | 43,338 | 387,866 |
Invesco Floating Rate ESG Fund, Class R6 | 6.30% | 300,333 | 63,540 | (55,071) | (22,017) | (748) | 9,589 | 42,439 | 286,037 |
Invesco High Yield Bond Factor ETF | 5.27% | 336,808 | 68,164 | (106,126) | (51,407) | (8,343) | 11,405 | 11,632 | 239,096 |
Invesco Income Fund, Class R6 | 6.23% | 300,088 | 69,833 | (52,151) | (33,115) | (1,885) | 7,490 | 40,454 | 282,770 |
Invesco Intermediate Bond Factor Fund, Class R6 | 3.94% | 199,563 | 55,617 | (41,289) | (30,961) | (3,843) | 2,999 | 19,745 | 179,087 |
Invesco International Bond Fund, Class R6 | 5.55% | 277,190 | 84,663 | (40,155) | (64,564) | (5,307) | 7,205 | 64,241 | 251,827 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 4.56% | 225,495 | 57,393 | (51,505) | (23,092) | (1,183) | 12,358 | 21,395 | 207,108 |
Invesco Taxable Municipal Bond ETF | 10.92% | 545,686 | 193,689 | (110,240) | (121,712) | (11,609) | 11,946 | 19,330 | 495,814 |
Invesco Variable Rate Preferred ETF | 2.75% | 225,763 | 40,305 | (111,408) | (27,067) | (2,675) | 6,481 | 5,704 | 124,918 |
Total Fixed Income Funds | 2,835,355 | 762,217 | (646,393) | (452,474) | (44,182) | 78,577 | 2,454,523 | ||
Foreign Equity Funds–7.60% | |||||||||
Invesco S&P International Developed Low Volatility ETF | 7.60% | 404,075 | 90,239 | (52,519) | (96,941) | 197 | 14,680 | 13,998 | 345,051 |
Money Market Funds–4.81% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(b) | 2.26% | 121,437 | 854,901 | (873,966) | — | — | 793 | 102,372 | 102,372 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(b) | 2.55% | 135,061 | 854,902 | (873,966) | 46 | (58) | 890 | 115,961 | 115,985 |
Total Money Market Funds | 256,498 | 1,709,803 | (1,747,932) | 46 | (58) | 1,683 | 218,357 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $5,114,620) | 98.14% | 5,047,031 | 3,092,913 | (2,762,509) | (913,424) | (8,269) | 134,412 | 4,455,742 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(b) | — | — | 1,346,051 | (1,346,051) | — | — | 148(c) | — | — |
Invesco Private Prime Fund, 3.11%(b) | — | — | 3,140,056 | (3,140,089) | — | 33 | 778(c) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 4,486,107 | (4,486,140) | — | 33 | 926 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $5,114,620) | 98.14% | $5,047,031 | $7,579,020 | $(7,248,649) | $(913,424) | $(8,236) | $135,338 | $4,455,742 | |
OTHER ASSETS LESS LIABILITIES | 1.86% | 84,618 | |||||||
NET ASSETS | 100.00% | $4,540,360 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(c) | 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. |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2010 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.28%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–9.59% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 6.34% | $34,489 | $17,616 | $(1,594) | $(10,403) | $(122) | $747 | 5,339 | $39,986 |
Invesco Multi-Asset Income Fund, Class R6 | 3.25% | 16,259 | 10,099 | (996) | (4,783) | (104) | 965 | 2,723 | 20,475 |
Total Alternative Funds | 50,748 | 27,715 | (2,590) | (15,186) | (226) | 1,712 | 60,461 | ||
Domestic Equity Funds–23.40% | |||||||||
Invesco Main Street Small Cap Fund, Class R6 | 0.78% | 5,121 | 1,957 | (976) | (938) | (227) | — | 298 | 4,937 |
Invesco PureBetaSM MSCI USA ETF | 2.57% | — | 19,686 | — | (3,487) | — | 147 | 453 | 16,199 |
Invesco S&P 500® Enhanced Value ETF | 9.00% | 53,844 | 20,439 | (6,263) | (11,470) | 196 | 1,073 | 1,568 | 56,746 |
Invesco S&P 500® High Dividend Low Volatility ETF | 11.05% | 65,249 | 24,706 | (10,392) | (10,204) | 335 | 1,957 | 1,782 | 69,694 |
Total Domestic Equity Funds | 124,214 | 66,788 | (17,631) | (26,099) | 304 | 3,177 | 147,576 | ||
Fixed Income Funds–53.50% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 8.63% | 47,477 | 20,218 | (2,778) | (10,167) | (294) | 1,139 | 6,083 | 54,456 |
Invesco Floating Rate ESG Fund, Class R6 | 6.25% | 33,672 | 11,903 | (3,320) | (2,705) | (96) | 1,209 | 5,854 | 39,454 |
Invesco High Yield Bond Factor ETF | 5.32% | 36,478 | 11,689 | (7,573) | (6,351) | (697) | 1,378 | 1,632 | 33,546 |
Invesco Income Fund, Class R6 | 5.76% | 30,889 | 11,529 | (2,078) | (3,886) | (93) | 870 | 5,202 | 36,361 |
Invesco Intermediate Bond Factor Fund, Class R6 | 4.09% | 21,492 | 9,873 | (1,394) | (4,076) | (105) | 376 | 2,844 | 25,790 |
Invesco International Bond Fund, Class R6 | 5.15% | 28,349 | 12,077 | — | (7,961) | — | 836 | 8,281 | 32,465 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 4.56% | 24,406 | 10,492 | (3,011) | (3,082) | (58) | 1,603 | 2,970 | 28,747 |
Invesco Taxable Municipal Bond ETF | 11.05% | 61,504 | 25,771 | (1,628) | (15,778) | (178) | 1,479 | 2,717 | 69,691 |
Invesco Variable Rate Preferred ETF | 2.69% | 22,628 | 5,915 | (8,365) | (2,447) | (780) | 745 | 774 | 16,951 |
Total Fixed Income Funds | 306,895 | 119,467 | (30,147) | (56,453) | (2,301) | 9,635 | 337,461 | ||
Foreign Equity Funds–8.74% | |||||||||
Invesco Developing Markets Fund, Class R6 | 0.93% | 6,304 | 1,841 | — | (2,276) | — | — | 185 | 5,869 |
Invesco S&P International Developed Low Volatility ETF | 7.81% | 43,954 | 19,634 | (2,359) | (11,803) | (175) | 1,836 | 1,998 | 49,251 |
Total Foreign Equity Funds | 50,258 | 21,475 | (2,359) | (14,079) | (175) | 1,836 | 55,120 | ||
Money Market Funds–5.05% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(b) | 1.77% | 10,297 | 81,036 | (80,172) | — | — | 62 | 11,161 | 11,161 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(b) | 1.26% | 7,353 | 57,884 | (57,266) | 3 | (4) | 56 | 7,969 | 7,970 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(b) | 2.02% | 11,768 | 92,612 | (91,625) | — | — | 80 | 12,755 | 12,755 |
Total Money Market Funds | 29,418 | 231,532 | (229,063) | 3 | (4) | 198 | 31,886 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $741,691) | 100.28% | 561,533 | 466,977 | (281,790) | (111,814) | (2,402) | 16,558 | 632,504 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(b) | — | — | 15,894 | (15,894) | — | — | 7(c) | — | — |
Invesco Private Prime Fund, 3.11%(b) | — | — | 38,124 | (38,124) | — | — | 17(c) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 54,018 | (54,018) | — | — | 24 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $741,691) | 100.28% | $561,533 | $520,995 | $(335,808) | $(111,814) | $(2,402) | $16,582 | $632,504 | |
OTHER ASSETS LESS LIABILITIES | (0.28)% | (1,757) | |||||||
NET ASSETS | 100.00% | $630,747 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(c) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2015 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.76%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–6.89% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 4.62% | $74,415 | $23,516 | $(12,622) | $(20,713) | $(383) | $1,417 | 8,573 | $64,213 |
Invesco Multi-Asset Income Fund, Class R6 | 2.27% | 32,671 | 9,497 | (1,508) | (8,776) | (300) | 1,741 | 4,200 | 31,584 |
Total Alternative Funds | 107,086 | 33,013 | (14,130) | (29,489) | (683) | 3,158 | 95,797 | ||
Domestic Equity Funds–25.85% | |||||||||
Invesco Main Street Small Cap Fund, Class R6 | 2.80% | 54,735 | 11,917 | (16,460) | (9,959) | (1,229) | — | 2,352 | 39,004 |
Invesco PureBetaSM MSCI USA ETF | 2.21% | — | 41,847 | (3,673) | (7,063) | (429) | 293 | 858 | 30,682 |
Invesco S&P 500® Enhanced Value ETF | 9.36% | 165,264 | 22,517 | (28,184) | (31,683) | 2,334 | 2,837 | 3,599 | 130,248 |
Invesco S&P 500® High Dividend Low Volatility ETF | 11.48% | 203,307 | 22,720 | (42,173) | (28,215) | 4,047 | 5,390 | 4,083 | 159,686 |
Total Domestic Equity Funds | 423,306 | 99,001 | (90,490) | (76,920) | 4,723 | 8,520 | 359,620 | ||
Fixed Income Funds–52.34% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 8.59% | 139,327 | 23,629 | (14,809) | (25,814) | (2,769) | 3,009 | 13,360 | 119,564 |
Invesco Floating Rate ESG Fund, Class R6 | 6.17% | 99,121 | 12,377 | (18,352) | (6,350) | (927) | 3,168 | 12,740 | 85,869 |
Invesco High Yield Bond Factor ETF | 5.41% | 102,530 | 16,268 | (24,595) | (16,379) | (2,572) | 3,644 | 3,661 | 75,252 |
Invesco Income Fund, Class R6 | 4.78% | 73,977 | 11,794 | (10,339) | (8,094) | (829) | 1,942 | 9,515 | 66,509 |
Invesco Intermediate Bond Factor Fund, Class R6 | 4.16% | 64,528 | 11,083 | (6,280) | (10,734) | (745) | 998 | 6,378 | 57,852 |
Invesco International Bond Fund, Class R6 | 4.56% | 74,264 | 17,459 | (9,177) | (16,192) | (2,861) | 1,979 | 16,198 | 63,493 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 4.77% | 73,961 | 9,817 | (9,437) | (7,621) | (324) | 4,118 | 6,859 | 66,396 |
Invesco Taxable Municipal Bond ETF | 11.39% | 180,390 | 40,640 | (18,724) | (40,981) | (2,936) | 3,914 | 6,175 | 158,389 |
Invesco Variable Rate Preferred ETF | 2.51% | 57,594 | 9,389 | (24,106) | (7,082) | (908) | 1,767 | 1,593 | 34,887 |
Total Fixed Income Funds | 865,692 | 152,456 | (135,819) | (139,247) | (14,871) | 24,539 | 728,211 | ||
Foreign Equity Funds–10.11% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 1.18% | 24,681 | 3,137 | (5,618) | (4,684) | (1,118) | — | 590 | 16,398 |
Invesco Developing Markets Fund, Class R6 | 1.40% | 24,876 | 5,727 | (2,259) | (7,972) | (868) | — | 615 | 19,504 |
Invesco S&P International Developed Low Volatility ETF | 7.53% | 124,520 | 22,180 | (11,933) | (28,872) | (1,108) | 4,492 | 4,251 | 104,787 |
Total Foreign Equity Funds | 174,077 | 31,044 | (19,810) | (41,528) | (3,094) | 4,492 | 140,689 | ||
Money Market Funds–5.57% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 2.80% | 43,354 | 226,184 | (230,661) | — | — | 277 | 38,877 | 38,877 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 2.77% | 43,051 | 226,184 | (230,661) | 10 | (16) | 277 | 38,560 | 38,568 |
Total Money Market Funds | 86,405 | 452,368 | (461,322) | 10 | (16) | 554 | 77,445 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $1,612,638) | 100.76% | 1,656,566 | 767,882 | (721,571) | (287,174) | (13,941) | 41,263 | 1,401,762 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | — | 95,128 | (95,128) | — | — | 27(d) | — | — |
Invesco Private Prime Fund, 3.11%(c) | — | — | 209,591 | (209,593) | — | 2 | 78(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 304,719 | (304,721) | — | 2 | 105 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $1,612,638) | 100.76% | $1,656,566 | $1,072,601 | $(1,026,292) | $(287,174) | $(13,939) | $41,368 | $1,401,762 | |
OTHER ASSETS LESS LIABILITIES | (0.76)% | (10,530) | |||||||
NET ASSETS | 100.00% | $1,391,232 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2020 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–101.19%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–5.30% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 3.15% | $382,843 | $62,002 | $(56,316) | $(100,399) | $1,527 | $6,491 | 38,673 | $289,657 |
Invesco Macro Allocation Strategy Fund, Class R6 | 0.89% | 123,136 | — | (30,577) | (7,908) | (3,121) | — | 10,728 | 81,530 |
Invesco Multi-Asset Income Fund, Class R6 | 1.26% | 125,351 | 37,727 | (13,170) | (32,675) | (1,628) | 6,525 | 15,373 | 115,605 |
Total Alternative Funds | 631,330 | 99,729 | (100,063) | (140,982) | (3,222) | 13,016 | 486,792 | ||
Domestic Equity Funds–30.65% | |||||||||
Invesco Main Street Small Cap Fund, Class R6 | 4.15% | 586,764 | 86,156 | (176,632) | (99,498) | (15,894) | — | 22,973 | 380,896 |
Invesco PureBetaSM MSCI USA ETF | 6.44% | 624,487 | 365,732 | (212,307) | (217,144) | 31,060 | 7,222 | 16,550 | 591,828 |
Invesco Russell 1000 Dynamic Multifactor ETF | 5.14% | 821,239 | 55,777 | (259,139) | (192,271) | 46,200 | 5,788 | 12,079 | 471,806 |
Invesco S&P 500® Enhanced Value ETF | 4.21% | 379,840 | 203,338 | (102,221) | (115,012) | 20,709 | 8,442 | 10,684 | 386,654 |
Invesco S&P 500® High Dividend Low Volatility ETF | 5.44% | 514,109 | 248,589 | (185,953) | (105,486) | 27,902 | 17,446 | 12,763 | 499,161 |
Invesco U.S. Managed Volatility Fund, Class R6 | 5.27% | 820,799 | 59,148 | (262,688) | (163,124) | 29,877 | — | 40,810 | 484,012 |
Total Domestic Equity Funds | 3,747,238 | 1,018,740 | (1,198,940) | (892,535) | 139,854 | 38,898 | 2,814,357 | ||
Fixed Income Funds–50.87% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 8.75% | 1,060,678 | 147,485 | (206,454) | (167,202) | (31,473) | 20,469 | 89,724 | 803,034 |
Invesco Floating Rate ESG Fund, Class R6 | 5.73% | 628,753 | 81,986 | (141,526) | (40,812) | (2,391) | 18,795 | 78,043 | 526,010 |
Invesco High Yield Bond Factor ETF | 5.34% | 749,467 | 56,079 | (187,294) | (111,536) | (16,561) | 24,511 | 23,846 | 490,155 |
Invesco Income Fund, Class R6 | 2.28% | 186,630 | 98,078 | (47,475) | (27,444) | (121) | 5,952 | 29,995 | 209,668 |
Invesco Intermediate Bond Factor Fund, Class R6 | 4.16% | 493,721 | 70,473 | (101,990) | (69,388) | (10,781) | 6,828 | 42,121 | 382,035 |
Invesco International Bond Fund, Class R6 | 3.41% | 375,455 | 91,844 | (59,581) | (84,891) | (9,721) | 9,579 | 79,874 | 313,106 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 4.76% | 563,057 | 73,863 | (146,537) | (49,002) | (4,598) | 27,485 | 45,122 | 436,783 |
Invesco Taxable Municipal Bond ETF | 11.13% | 1,373,344 | 238,571 | (282,830) | (258,287) | (48,620) | 27,044 | 39,851 | 1,022,178 |
Invesco Variable Rate Investment Grade ETF | 3.59% | 499,346 | 23,041 | (186,538) | (5,905) | (430) | 3,967 | 13,384 | 329,514 |
Invesco Variable Rate Preferred ETF | 1.72% | 185,898 | 59,625 | (54,242) | (28,339) | (4,977) | 7,375 | 7,213 | 157,965 |
Total Fixed Income Funds | 6,116,349 | 941,045 | (1,414,467) | (842,806) | (129,673) | 152,005 | 4,670,448 | ||
Foreign Equity Funds–9.74% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 2.16% | 407,005 | 73,008 | (198,414) | (26,453) | (57,011) | — | 7,125 | 198,135 |
Invesco Developing Markets Fund, Class R6 | 2.07% | 409,798 | 64,493 | (178,805) | (41,821) | (63,715) | — | 5,992 | 189,950 |
Invesco International Small-Mid Company Fund, Class R6 | 1.08% | 194,395 | 26,538 | (53,170) | (68,616) | 310 | — | 2,942 | 99,457 |
Invesco RAFI™ Strategic Developed ex-US ETF | 1.82% | 313,297 | 12,365 | (108,327) | (56,112) | 5,826 | 6,126 | 7,188 | 167,049 |
Invesco S&P International Developed Low Volatility ETF | 2.61% | 187,338 | 174,434 | (50,144) | (72,262) | (39) | 10,709 | 9,709 | 239,327 |
Total Foreign Equity Funds | 1,511,833 | 350,838 | (588,860) | (265,264) | (114,629) | 16,835 | 893,918 | ||
Money Market Funds–4.63% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 2.18% | 319,469 | 2,170,711 | (2,289,939) | — | — | 1,452 | 200,241 | 200,241 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 2.45% | 343,753 | 2,170,711 | (2,289,939) | 80 | (125) | 1,630 | 224,435 | 224,480 |
Total Money Market Funds | 663,222 | 4,341,422 | (4,579,878) | 80 | (125) | 3,082 | 424,721 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $10,835,289) | 101.19% | 12,669,972 | 6,751,774 | (7,882,208) | (2,141,507) | (107,795) | 223,836 | 9,290,236 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2020 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–101.19%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | $— | $969,001 | $(969,001) | $— | $— | $197(d) | — | $— |
Invesco Private Prime Fund, 3.11%(c) | — | — | 2,292,643 | (2,292,713) | — | 70 | 552(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 3,261,644 | (3,261,714) | — | 70 | 749 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $10,835,289) | 101.19% | $12,669,972 | $10,013,418 | $(11,143,922) | $(2,141,507) | $(107,725) | $224,585 | $9,290,236 | |
OTHER ASSETS LESS LIABILITIES | (1.19)% | (109,054) | |||||||
NET ASSETS | 100.00% | $9,181,182 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2025 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–102.54%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–5.10% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 2.95% | $740,583 | $118,784 | $(29,688) | $(202,758) | $2,266 | $13,419 | 84,004 | $629,187 |
Invesco Macro Allocation Strategy Fund, Class R6 | 1.95% | 492,821 | 23,268 | (51,371) | (45,983) | (4,527) | — | 54,501 | 414,208 |
Invesco Multi-Asset Income Fund, Class R6 | 0.20% | — | 54,731 | — | (11,743) | — | 2,310 | 5,716 | 42,988 |
Total Alternative Funds | 1,233,404 | 196,783 | (81,059) | (260,484) | (2,261) | 15,729 | 1,086,383 | ||
Domestic Equity Funds–38.59% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 2.54% | 736,567 | 154,845 | (120,401) | (248,705) | 19,622 | — | 21,861 | 541,928 |
Invesco Main Street Small Cap Fund, Class R6 | 4.99% | 1,289,724 | 266,665 | (196,816) | (273,465) | (22,147) | — | 64,171 | 1,063,961 |
Invesco PureBetaSM MSCI USA ETF | 8.48% | 1,476,437 | 972,180 | (114,136) | (530,278) | 2,857 | 21,180 | 50,533 | 1,807,060 |
Invesco Russell 1000 Dynamic Multifactor ETF | 8.48% | 2,150,998 | 378,560 | (231,273) | (518,050) | 25,392 | 20,691 | 46,227 | 1,805,627 |
Invesco S&P 500® Enhanced Value ETF | 0.55% | — | 149,618 | — | (33,448) | — | 2,477 | 3,210 | 116,170 |
Invesco S&P 500® High Dividend Low Volatility ETF | 0.74% | — | 199,454 | (14,391) | (28,409) | 725 | 5,304 | 4,024 | 157,379 |
Invesco U.S. Managed Volatility Fund, Class R6 | 12.81% | 3,436,423 | 428,121 | (466,825) | (706,848) | 36,932 | — | 230,000 | 2,727,803 |
Total Domestic Equity Funds | 9,090,149 | 2,549,443 | (1,143,842) | (2,339,203) | 63,381 | 49,652 | 8,219,928 | ||
Fixed Income Funds–46.13% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 7.66% | 1,726,190 | 380,004 | (109,205) | (345,547) | (20,740) | 38,559 | 182,202 | 1,630,702 |
Invesco Floating Rate ESG Fund, Class R6 | 4.44% | 991,922 | 100,074 | (70,130) | (72,990) | (4,020) | 33,278 | 140,186 | 944,856 |
Invesco High Yield Bond Factor ETF | 5.16% | 1,228,913 | 139,148 | (14,029) | (253,544) | (1,268) | 48,746 | 53,477 | 1,099,220 |
Invesco Income Fund, Class R6 | 2.06% | 493,541 | 22,683 | (24,296) | (57,117) | 3,246 | 11,667 | 62,669 | 438,057 |
Invesco Intermediate Bond Factor Fund, Class R6 | 3.67% | 863,932 | 111,668 | (40,446) | (146,610) | (5,865) | 13,331 | 86,293 | 782,679 |
Invesco International Bond Fund, Class R6 | 2.37% | 493,458 | 146,268 | — | (136,008) | — | 14,013 | 128,500 | 503,718 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 4.44% | 984,485 | 153,890 | (80,924) | (106,484) | (5,319) | 57,220 | 97,691 | 945,648 |
Invesco Taxable Municipal Bond ETF | 11.41% | 2,706,477 | 700,666 | (318,251) | (602,550) | (55,851) | 58,714 | 94,756 | 2,430,491 |
Invesco Variable Rate Investment Grade ETF | 4.61% | 1,107,752 | 65,307 | (171,895) | (16,759) | (2,313) | 12,109 | 39,890 | 982,092 |
Invesco Variable Rate Preferred ETF(b) | 0.31% | — | 78,579 | — | (11,850) | — | 2,671 | 3,047 | 66,729 |
Total Fixed Income Funds | 10,596,670 | 1,898,287 | (829,176) | (1,749,459) | (92,130) | 290,308 | 9,824,192 | ||
Foreign Equity Funds–11.77% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(c) | 2.66% | 985,018 | 131,786 | (311,485) | (133,560) | (104,756) | — | 20,388 | 567,003 |
Invesco Developing Markets Fund, Class R6 | 2.38% | 986,155 | 163,858 | (355,416) | (143,558) | (143,648) | — | 16,006 | 507,391 |
Invesco International Small-Mid Company Fund, Class R6 | 1.46% | 368,952 | 120,973 | — | (178,880) | — | — | 9,200 | 311,045 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 0.97% | 245,879 | 86,960 | (49,371) | (83,910) | 7,916 | 6,391 | 10,101 | 207,474 |
Invesco RAFI™ Strategic Developed ex-US ETF | 2.88% | 738,383 | 80,141 | (32,487) | (181,882) | 8,823 | 20,214 | 26,376 | 612,978 |
Invesco S&P International Developed Low Volatility ETF | 1.42% | 369,187 | 20,521 | — | (87,943) | — | 13,176 | 12,242 | 301,765 |
Total Foreign Equity Funds | 3,693,574 | 604,239 | (748,759) | (809,733) | (231,665) | 39,781 | 2,507,656 | ||
Money Market Funds–0.95% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(d) | 0.33% | 44 | 2,012,255 | (1,941,811) | — | — | 585 | 70,488 | 70,488 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(d) | 0.24% | — | 1,437,325 | (1,386,958) | 9 | (18) | 422 | 50,348 | 50,358 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(d) | 0.38% | 50 | 2,299,720 | (2,219,213) | — | — | 627 | 80,557 | 80,557 |
Total Money Market Funds | 94 | 5,749,300 | (5,547,982) | 9 | (18) | 1,634 | 201,403 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $25,398,252) | 102.54% | 24,613,891 | 10,998,052 | (8,350,818) | (5,158,870) | (262,693) | 397,104 | 21,839,562 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2025 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–102.54%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.19% | |||||||||
Invesco Private Government Fund, 3.01%(d)(e) | 0.05% | $— | $924,557 | $(913,544) | $— | $— | $118(f) | 11,013 | $11,013 |
Invesco Private Prime Fund, 3.11%(d)(e) | 0.14% | — | 1,734,610 | (1,705,170) | — | 48 | 330(f) | 29,488 | 29,488 |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $40,501) | 0.19% | — | 2,659,167 | (2,618,714) | — | 48 | 448 | 40,501 | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $25,438,753) | 102.73% | $24,613,891 | $13,657,219 | $(10,969,532) | $(5,158,870) | $(262,645) | $397,552 | $21,880,063 | |
OTHER ASSETS LESS LIABILITIES | (2.73)% | (580,963) | |||||||
NET ASSETS | 100.00% | $21,299,100 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | All or a portion of this security was out on loan at September 30, 2022. |
(c) | Effective February 28, 2022, the underlying fund’s name changed. |
(d) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(e) | 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. |
(f) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2030 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.19%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–4.92% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 2.90% | $1,205,879 | $180,107 | $— | $(327,257) | $— | $21,423 | 141,352 | $1,058,729 |
Invesco Macro Allocation Strategy Fund, Class R6 | 2.02% | 750,559 | 78,818 | — | (88,722) | — | — | 97,455 | 740,655 |
Total Alternative Funds | 1,956,438 | 258,925 | — | (415,979) | — | 21,423 | 1,799,384 | ||
Domestic Equity Funds–45.17% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 4.46% | 2,075,781 | 521,117 | (274,082) | (664,438) | (29,617) | — | 65,702 | 1,628,761 |
Invesco Main Street Small Cap Fund, Class R6 | 5.08% | 2,074,596 | 410,558 | (154,083) | (452,928) | (22,654) | — | 111,911 | 1,855,489 |
Invesco PureBetaSM MSCI USA ETF | 8.71% | 2,383,831 | 1,798,282 | (101,930) | (895,682) | (1,754) | 36,325 | 89,003 | 3,182,747 |
Invesco Russell 1000 Dynamic Multifactor ETF | 11.20% | 4,728,485 | 967,298 | (526,421) | (1,138,523) | 63,508 | 46,483 | 104,822 | 4,094,347 |
Invesco S&P SmallCap Low Volatility ETF | 0.72% | 389,373 | 18,048 | (72,803) | (98,455) | 26,244 | 6,984 | 6,468 | 262,407 |
Invesco U.S. Managed Volatility Fund, Class R6 | 15.00% | 6,249,164 | 833,514 | (283,084) | (1,322,682) | 5,170 | — | 462,233 | 5,482,082 |
Total Domestic Equity Funds | 17,901,230 | 4,548,817 | (1,412,403) | (4,572,708) | 40,897 | 89,792 | 16,505,833 | ||
Fixed Income Funds–35.77% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 4.32% | 1,378,230 | 535,592 | — | (336,972) | — | 35,494 | 176,184 | 1,576,850 |
Invesco Floating Rate ESG Fund, Class R6 | 3.41% | 1,146,365 | 232,066 | (35,105) | (95,583) | (311) | 40,595 | 185,079 | 1,247,432 |
Invesco High Yield Bond Factor ETF | 4.25% | 1,570,595 | 322,364 | (1,010) | (339,502) | (92) | 64,374 | 75,522 | 1,552,355 |
Invesco Income Fund, Class R6 | 2.01% | 776,409 | 49,195 | — | (90,869) | — | 19,672 | 105,112 | 734,735 |
Invesco Intermediate Bond Factor Fund, Class R6 | 3.18% | 1,188,787 | 186,635 | — | (211,873) | — | 18,515 | 128,285 | 1,163,549 |
Invesco International Bond Fund, Class R6 | 2.03% | 777,511 | 159,650 | — | (195,189) | — | 20,433 | 189,279 | 741,972 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 2.44% | 759,760 | 254,458 | (18,843) | (103,603) | (548) | 53,675 | 92,069 | 891,224 |
Invesco Taxable Municipal Bond ETF | 9.82% | 3,814,823 | 963,222 | (240,368) | (898,803) | (50,926) | 85,000 | 139,881 | 3,587,948 |
Invesco Variable Rate Investment Grade ETF | 4.31% | 1,551,690 | 90,653 | (40,280) | (28,226) | (4) | 18,229 | 63,925 | 1,573,833 |
Total Fixed Income Funds | 12,964,170 | 2,793,835 | (335,606) | (2,300,620) | (51,881) | 355,987 | 13,069,898 | ||
Foreign Equity Funds–13.80% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 3.15% | 1,795,416 | 297,980 | (499,113) | (263,061) | (179,785) | — | 41,404 | 1,151,437 |
Invesco Developing Markets Fund, Class R6 | 2.75% | 1,698,746 | 358,287 | (539,028) | (287,591) | (224,525) | — | 31,732 | 1,005,889 |
Invesco International Select Equity Fund, Class R6 | 0.68% | 793,839 | 72,500 | (443,862) | 4,484 | (177,862) | — | 29,514 | 249,099 |
Invesco International Small-Mid Company Fund, Class R6 | 1.36% | 610,297 | 177,104 | (6,333) | (284,315) | 22 | — | 14,693 | 496,775 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 1.38% | 384,122 | 292,154 | — | (171,033) | — | 14,241 | 24,598 | 505,243 |
Invesco RAFI™ Strategic Developed ex-US ETF | 3.03% | 1,165,228 | 237,925 | — | (295,674) | — | 33,787 | 47,654 | 1,107,479 |
Invesco S&P International Developed Low Volatility ETF | 1.45% | 581,902 | 91,518 | — | (145,614) | — | 21,345 | 21,412 | 527,806 |
Total Foreign Equity Funds | 7,029,550 | 1,527,468 | (1,488,336) | (1,442,804) | (582,150) | 69,373 | 5,043,728 | ||
Money Market Funds–0.53% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.17% | 133,179 | 2,763,215 | (2,833,611) | — | — | 557 | 62,783 | 62,783 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.16% | 112,440 | 1,973,726 | (2,028,323) | 5 | (45) | 520 | 57,791 | 57,803 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.20% | 152,204 | 3,157,960 | (3,238,412) | — | — | 595 | 71,752 | 71,752 |
Total Money Market Funds | 397,823 | 7,894,901 | (8,100,346) | 5 | (45) | 1,672 | 192,338 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $42,465,041) | 100.19% | 40,249,211 | 17,023,946 | (11,336,691) | (8,732,106) | (593,179) | 538,247 | 36,611,181 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2030 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–100.19%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | $2,658 | $777,905 | $(780,563) | $— | $— | $387(d) | — | $— |
Invesco Private Prime Fund, 3.11%(c) | — | 6,341 | 1,798,258 | (1,804,627) | — | 28 | 1,076(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | 8,999 | 2,576,163 | (2,585,190) | — | 28 | 1,463 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $42,465,041) | 100.19% | $40,258,210 | $19,600,109 | $(13,921,881) | $(8,732,106) | $(593,151) | $539,710 | $36,611,181 | |
OTHER ASSETS LESS LIABILITIES | (0.19)% | (70,877) | |||||||
NET ASSETS | 100.00% | $36,540,304 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2035 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.89%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–5.06% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 3.04% | $629,536 | $234,379 | $— | $(185,392) | $— | $12,303 | 90,591 | $678,523 |
Invesco Macro Allocation Strategy Fund, Class R6 | 2.02% | 430,682 | 70,375 | — | (49,562) | — | — | 59,407 | 451,495 |
Total Alternative Funds | 1,060,218 | 304,754 | — | (234,954) | — | 12,303 | 1,130,018 | ||
Domestic Equity Funds–52.32% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 5.96% | 1,433,670 | 595,396 | (200,038) | (456,510) | (39,740) | — | 53,763 | 1,332,778 |
Invesco Main Street Small Cap Fund, Class R6 | 4.39% | 992,003 | 249,656 | (11,722) | (250,218) | 1,172 | — | 59,161 | 980,891 |
Invesco PureBetaSM MSCI USA ETF | 10.11% | 1,503,774 | 1,584,293 | (238,188) | (600,243) | 9,037 | 24,664 | 63,162 | 2,258,673 |
Invesco Russell 1000 Dynamic Multifactor ETF | 11.97% | 2,631,685 | 957,892 | (235,696) | (691,813) | 11,941 | 29,466 | 68,459 | 2,674,009 |
Invesco S&P SmallCap Low Volatility ETF | 2.47% | 645,395 | 140,316 | (93,823) | (170,658) | 31,173 | 14,086 | 13,616 | 552,403 |
Invesco U.S. Managed Volatility Fund, Class R6 | 17.42% | 3,842,374 | 1,241,514 | (337,413) | (863,841) | 9,588 | — | 328,181 | 3,892,222 |
Total Domestic Equity Funds | 11,048,901 | 4,769,067 | (1,116,880) | (3,033,283) | 23,171 | 68,216 | 11,690,976 | ||
Fixed Income Funds–25.43% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 3.16% | 643,001 | 207,100 | — | (143,638) | — | 15,289 | 78,934 | 706,463 |
Invesco Floating Rate ESG Fund, Class R6 | 1.48% | 204,005 | 150,284 | — | (24,307) | — | 10,069 | 48,959 | 329,982 |
Invesco High Yield Bond Factor ETF | 3.20% | 644,373 | 219,913 | — | (149,959) | — | 28,483 | 34,752 | 714,327 |
Invesco Income Fund, Class R6 | 1.69% | 307,053 | 113,689 | (1,908) | (41,588) | (113) | 8,988 | 53,953 | 377,133 |
Invesco Intermediate Bond Factor Fund, Class R6 | 2.54% | 539,239 | 129,495 | — | (100,811) | — | 8,920 | 62,616 | 567,923 |
Invesco International Bond Fund, Class R6 | 1.60% | 310,686 | 137,125 | — | (90,166) | — | 9,377 | 91,236 | 357,645 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 1.60% | 305,491 | 92,841 | — | (40,175) | — | 20,558 | 37,000 | 358,157 |
Invesco Taxable Municipal Bond ETF | 6.83% | 1,285,374 | 618,338 | (8,491) | (367,308) | (1,353) | 33,809 | 59,515 | 1,526,560 |
Invesco Variable Rate Investment Grade ETF | 3.33% | 628,079 | 128,842 | — | (12,708) | — | 8,336 | 30,228 | 744,213 |
Total Fixed Income Funds | 4,867,301 | 1,797,627 | (10,399) | (970,660) | (1,466) | 143,829 | 5,682,403 | ||
Foreign Equity Funds–16.42% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 3.61% | 1,172,252 | 334,065 | (397,822) | (164,937) | (137,730) | — | 28,976 | 805,828 |
Invesco Developing Markets Fund, Class R6 | 3.42% | 1,137,371 | 387,161 | (404,675) | (196,358) | (159,390) | — | 24,104 | 764,109 |
Invesco International Select Equity Fund, Class R6 | 0.90% | 427,096 | 108,545 | (210,547) | (40,695) | (82,957) | — | 23,868 | 201,442 |
Invesco International Small-Mid Company Fund, Class R6 | 1.83% | 421,070 | 208,895 | (11,054) | (210,660) | 14 | — | 12,075 | 408,265 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 1.90% | 212,280 | 337,800 | — | (126,114) | — | 10,719 | 20,641 | 423,966 |
Invesco RAFI™ Strategic Developed ex-US ETF | 3.00% | 630,201 | 216,071 | — | (175,449) | — | 19,519 | 28,865 | 670,823 |
Invesco S&P International Developed Low Volatility ETF | 1.76% | 417,450 | 94,372 | (10,336) | (107,756) | 621 | 15,595 | 15,998 | 394,351 |
Total Foreign Equity Funds | 4,417,720 | 1,686,909 | (1,034,434) | (1,021,969) | (379,442) | 45,833 | 3,668,784 | ||
Money Market Funds–1.66% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.58% | 106,048 | 2,263,390 | (2,240,431) | — | — | 411 | 129,007 | 129,007 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.42% | 80,014 | 1,616,708 | (1,602,167) | 5 | (26) | 318 | 94,515 | 94,534 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.66% | 121,198 | 2,586,731 | (2,560,493) | — | — | 440 | 147,436 | 147,436 |
Total Money Market Funds | 307,260 | 6,466,829 | (6,403,091) | 5 | (26) | 1,169 | 370,977 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $26,031,034) | 100.89% | 21,701,400 | 15,025,186 | (8,564,804) | (5,260,861) | (357,763) | 271,350 | 22,543,158 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2035 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–100.89%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | $— | $1,955,517 | $(1,955,517) | $— | $— | $63(d) | — | $— |
Invesco Private Prime Fund, 3.11%(c) | — | — | 4,571,045 | (4,571,051) | — | 6 | 169(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 6,526,562 | (6,526,568) | — | 6 | 232 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $26,031,034) | 100.89% | $21,701,400 | $21,551,748 | $(15,091,372) | $(5,260,861) | $(357,757) | $271,582 | $22,543,158 | |
OTHER ASSETS LESS LIABILITIES | (0.89)% | (199,402) | |||||||
NET ASSETS | 100.00% | $22,343,756 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2040 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–99.80%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–2.46% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 2.08% | $504,635 | $150,495 | $(1,744) | $(153,071) | $69 | $10,061 | 66,807 | $500,384 |
Invesco Macro Allocation Strategy Fund, Class R6 | 0.38% | — | 101,523 | — | (9,996) | — | — | 12,043 | 91,527 |
Total Alternative Funds | 504,635 | 252,018 | (1,744) | (163,067) | 69 | 10,061 | 591,911 | ||
Domestic Equity Funds–61.07% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 8.58% | 2,314,564 | 896,551 | (352,812) | (682,629) | (109,650) | — | 83,341 | 2,066,024 |
Invesco Main Street Small Cap Fund, Class R6 | 5.15% | 1,405,895 | 381,630 | (224,517) | (317,801) | (4,723) | — | 74,818 | 1,240,484 |
Invesco PureBetaSM MSCI USA ETF | 13.48% | 2,518,932 | 1,918,098 | (301,566) | (947,388) | 58,753 | 35,959 | 90,795 | 3,246,829 |
Invesco Russell 1000 Dynamic Multifactor ETF | 13.08% | 3,410,082 | 1,031,148 | (462,286) | (864,618) | 36,371 | 35,177 | 80,663 | 3,150,697 |
Invesco S&P SmallCap Low Volatility ETF | 2.90% | 746,189 | 180,723 | (48,284) | (185,471) | 3,878 | 17,999 | 17,181 | 697,035 |
Invesco U.S. Managed Volatility Fund, Class R6 | 17.88% | 4,575,979 | 904,749 | (183,594) | (998,125) | 8,026 | — | 363,155 | 4,307,035 |
Total Domestic Equity Funds | 14,971,641 | 5,312,899 | (1,573,059) | (3,996,032) | (7,345) | 89,135 | 14,708,104 | ||
Fixed Income Funds–16.97% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 1.45% | 236,716 | 183,568 | — | (72,008) | — | 7,538 | 38,914 | 348,276 |
Invesco Floating Rate ESG Fund, Class R6 | 0.19% | — | 52,632 | (2,213) | (3,738) | (25) | 1,565 | 6,922 | 46,656 |
Invesco High Yield Bond Factor ETF | 2.17% | 485,844 | 150,867 | — | (114,388) | — | 21,751 | 25,411 | 522,323 |
Invesco Income Fund, Class R6 | 1.07% | 235,490 | 56,166 | (2,553) | (31,499) | (151) | 6,830 | 36,832 | 257,453 |
Invesco Intermediate Bond Factor Fund, Class R6 | 2.51% | 616,955 | 102,453 | (3,533) | (111,014) | (95) | 9,541 | 66,678 | 604,766 |
Invesco International Bond Fund, Class R6 | 1.11% | 250,019 | 86,530 | — | (69,069) | — | 7,120 | 68,235 | 267,480 |
Invesco Short Duration Inflation Protected Fund, Class R6 | 0.29% | — | 80,540 | (2,772) | (7,898) | (60) | 4,221 | 7,212 | 69,810 |
Invesco Taxable Municipal Bond ETF | 5.32% | 1,251,557 | 426,291 | (76,155) | (316,665) | (4,913) | 28,954 | 49,907 | 1,280,115 |
Invesco Variable Rate Investment Grade ETF | 2.86% | 635,346 | 122,138 | (56,267) | (12,050) | 291 | 7,603 | 28,004 | 689,458 |
Total Fixed Income Funds | 3,711,927 | 1,261,185 | (143,493) | (738,329) | (4,953) | 95,123 | 4,086,337 | ||
Foreign Equity Funds–18.55% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.10% | 1,472,347 | 340,233 | (453,476) | (218,062) | (153,313) | — | 35,517 | 987,729 |
Invesco Developing Markets Fund, Class R6 | 3.68% | 1,481,885 | 274,688 | (430,285) | (263,694) | (177,040) | — | 27,935 | 885,554 |
Invesco International Select Equity Fund, Class R6 | 1.13% | 627,575 | 109,517 | (294,492) | (30,000) | (140,067) | — | 32,291 | 272,533 |
Invesco International Small-Mid Company Fund, Class R6 | 1.88% | 509,130 | 191,489 | — | (247,867) | — | — | 13,391 | 452,752 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 2.83% | 750,491 | 270,630 | (90,285) | (268,287) | 18,640 | 20,849 | 33,164 | 681,189 |
Invesco RAFI™ Strategic Developed ex-US ETF | 3.04% | 751,329 | 217,594 | (49,969) | (189,593) | 1,816 | 21,528 | 31,462 | 731,177 |
Invesco S&P International Developed Low Volatility ETF | 1.89% | 490,770 | 92,827 | (6,794) | (120,676) | 95 | 17,745 | 18,508 | 456,222 |
Total Foreign Equity Funds | 6,083,527 | 1,496,978 | (1,325,301) | (1,338,179) | (449,869) | 60,122 | 4,467,156 | ||
Money Market Funds–0.75% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.27% | 84,618 | 2,408,418 | (2,428,877) | — | — | 450 | 64,159 | 64,159 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.18% | 43,739 | 1,720,299 | (1,719,329) | 6 | (17) | 317 | 44,689 | 44,698 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.30% | 96,706 | 2,752,478 | (2,775,859) | — | — | 482 | 73,325 | 73,325 |
Total Money Market Funds | 225,063 | 6,881,195 | (6,924,065) | 6 | (17) | 1,249 | 182,182 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $28,072,524) | 99.80% | 25,496,793 | 15,204,275 | (9,967,662) | (6,235,601) | (462,115) | 255,690 | 24,035,690 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2040 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–99.80%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | $— | $1,050,554 | $(1,050,554) | $— | $— | $625(d) | — | $— |
Invesco Private Prime Fund, 3.11%(c) | — | — | 2,458,205 | (2,458,238) | — | 33 | 1,720(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 3,508,759 | (3,508,792) | — | 33 | 2,345 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $28,072,524) | 99.80% | $25,496,793 | $18,713,034 | $(13,476,454) | $(6,235,601) | $(462,082) | $258,035 | $24,035,690 | |
OTHER ASSETS LESS LIABILITIES | 0.20% | 48,010 | |||||||
NET ASSETS | 100.00% | $24,083,700 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2045 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.79%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Alternative Funds–0.32% | |||||||||
Invesco Global Real Estate Income Fund, Class R6 | 0.32% | $— | $46,601 | $— | $(10,870) | $— | $743 | 4,770 | $35,731 |
Domestic Equity Funds–67.58% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 9.23% | 946,495 | 522,729 | (91,285) | (329,254) | (27,643) | — | 41,188 | 1,021,042 |
Invesco Main Street Small Cap Fund, Class R6 | 5.89% | 630,619 | 226,006 | (44,344) | (162,521) | 1,608 | — | 39,286 | 651,368 |
Invesco PureBetaSM MSCI USA ETF | 16.12% | 1,250,754 | 1,161,760 | (150,638) | (487,046) | 7,877 | 19,426 | 49,852 | 1,782,707 |
Invesco Russell 1000 Dynamic Multifactor ETF | 16.17% | 1,770,140 | 722,013 | (251,460) | (481,941) | 29,415 | 19,689 | 45,780 | 1,788,167 |
Invesco S&P SmallCap Low Volatility ETF | 2.88% | 309,988 | 92,290 | (2,983) | (81,244) | 100 | 7,996 | 7,842 | 318,151 |
Invesco U.S. Managed Volatility Fund, Class R6 | 17.29% | 1,767,488 | 623,661 | (58,976) | (418,978) | (893) | — | 161,241 | 1,912,302 |
Total Domestic Equity Funds | 6,675,484 | 3,348,459 | (599,686) | (1,960,984) | 10,464 | 47,111 | 7,473,737 | ||
Fixed Income Funds–11.31% | |||||||||
Invesco Core Plus Bond Fund, Class R6 | 0.19% | — | 24,570 | — | (4,132) | — | 460 | 2,284 | 20,438 |
Invesco High Yield Bond Factor ETF | 1.62% | 149,695 | 68,535 | (2,338) | (37,056) | (69) | 6,973 | 8,697 | 178,767 |
Invesco Income Fund, Class R6 | 0.19% | — | 23,589 | — | (2,486) | — | 535 | 3,019 | 21,103 |
Invesco Intermediate Bond Factor Fund, Class R6 | 2.57% | 260,448 | 82,925 | (9,984) | (47,945) | (1,142) | 4,259 | 31,345 | 284,302 |
Invesco International Bond Fund, Class R6 | 0.17% | — | 24,553 | — | (5,270) | — | 540 | 4,919 | 19,283 |
Invesco Taxable Municipal Bond ETF | 4.30% | 412,461 | 189,316 | (11,474) | (113,550) | (1,484) | 10,423 | 18,529 | 475,269 |
Invesco Variable Rate Investment Grade ETF | 2.27% | 198,626 | 60,632 | (3,884) | (4,327) | 151 | 2,711 | 10,203 | 251,198 |
Total Fixed Income Funds | 1,021,230 | 474,120 | (27,680) | (214,766) | (2,544) | 25,901 | 1,250,360 | ||
Foreign Equity Funds–20.83% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.43% | 653,355 | 208,702 | (196,461) | (106,432) | (69,181) | — | 17,619 | 489,983 |
Invesco Developing Markets Fund, Class R6 | 4.29% | 645,975 | 227,610 | (183,058) | (138,739) | (77,741) | — | 14,954 | 474,047 |
Invesco International Select Equity Fund, Class R6 | 1.23% | 253,368 | 91,404 | (133,468) | (10,898) | (64,521) | — | 16,100 | 135,885 |
Invesco International Small-Mid Company Fund, Class R6 | 1.97% | 198,838 | 129,179 | — | (110,494) | — | — | 6,434 | 217,523 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 3.99% | 404,840 | 201,412 | (10,147) | (155,437) | 1,127 | 13,059 | 21,509 | 441,795 |
Invesco RAFI™ Strategic Developed ex-US ETF | 2.93% | 312,751 | 109,024 | (10,311) | (88,820) | 1,089 | 9,447 | 13,930 | 323,733 |
Invesco S&P International Developed Low Volatility ETF | 1.99% | 198,702 | 82,097 | (2,511) | (58,210) | 120 | 8,358 | 8,933 | 220,198 |
Total Foreign Equity Funds | 2,667,829 | 1,049,428 | (535,956) | (669,030) | (209,107) | 30,864 | 2,303,164 | ||
Money Market Funds–0.75% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.26% | 50,583 | 1,250,281 | (1,271,995) | — | — | 222 | 28,869 | 28,869 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.19% | 36,647 | 893,057 | (909,070) | 2 | (14) | 162 | 20,617 | 20,622 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.30% | 57,809 | 1,428,893 | (1,453,708) | — | — | 238 | 32,994 | 32,994 |
Total Money Market Funds | 145,039 | 3,572,231 | (3,634,773) | 2 | (14) | 622 | 82,485 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $12,819,575) | 100.79% | 10,509,582 | 8,490,839 | (4,798,095) | (2,855,648) | (201,201) | 105,241 | 11,145,477 |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2045 Fund (continued) | |||||||||
Schedule of Investments in Affiliated Issuers–100.79%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | $— | $1,371,033 | $(1,371,033) | $— | $— | $108(d) | — | $— |
Invesco Private Prime Fund, 3.11%(c) | — | — | 3,333,153 | (3,333,153) | — | — | 288(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 4,704,186 | (4,704,186) | — | — | 396 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $12,819,575) | 100.79% | $10,509,582 | $13,195,025 | $(9,502,281) | $(2,855,648) | $(201,201) | $105,637 | $11,145,477 | |
OTHER ASSETS LESS LIABILITIES | (0.79)% | (87,231) | |||||||
NET ASSETS | 100.00% | $11,058,246 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2050 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–99.99%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Domestic Equity Funds–71.72% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 8.31% | $1,504,027 | $598,772 | $(36,335) | $(552,928) | $(15,746) | $— | 60,419 | $1,497,790 |
Invesco Main Street Small Cap Fund, Class R6 | 6.09% | 1,156,101 | 286,172 | (55,985) | (284,098) | (4,253) | — | 66,221 | 1,097,937 |
Invesco PureBetaSM MSCI USA ETF | 19.12% | 2,784,369 | 1,803,656 | (182,277) | (978,229) | 19,924 | 39,308 | 96,405 | 3,447,443 |
Invesco Russell 1000 Dynamic Multifactor ETF | 18.60% | 3,526,641 | 926,286 | (232,948) | (906,377) | 38,488 | 37,347 | 85,819 | 3,352,090 |
Invesco S&P SmallCap Low Volatility ETF | 3.29% | 639,665 | 118,708 | (11,695) | (156,963) | 3,866 | 15,098 | 14,631 | 593,581 |
Invesco U.S. Managed Volatility Fund, Class R6 | 16.31% | 2,970,457 | 688,357 | (45,043) | (672,104) | (2,212) | — | 247,846 | 2,939,455 |
Total Domestic Equity Funds | 12,581,260 | 4,421,951 | (564,283) | (3,550,699) | 40,067 | 91,753 | 12,928,296 | ||
Fixed Income Funds–6.13% | |||||||||
Invesco High Yield Bond Factor ETF | 0.27% | — | 60,265 | — | (11,098) | — | 2,139 | 2,392 | 49,167 |
Invesco Intermediate Bond Factor Fund, Class R6 | 2.18% | 362,234 | 98,861 | — | (68,723) | — | 6,002 | 43,260 | 392,372 |
Invesco Taxable Municipal Bond ETF | 2.45% | 362,197 | 228,332 | (39,645) | (103,865) | (6,301) | 9,936 | 17,182 | 440,718 |
Invesco Variable Rate Investment Grade ETF | 1.23% | 180,532 | 45,865 | — | (3,980) | — | 2,565 | 9,034 | 222,417 |
Total Fixed Income Funds | 904,963 | 433,323 | (39,645) | (187,666) | (6,301) | 20,642 | 1,104,674 | ||
Foreign Equity Funds–21.78% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.57% | 1,205,045 | 234,917 | (304,545) | (192,303) | (119,158) | — | 29,628 | 823,956 |
Invesco Developing Markets Fund, Class R6 | 4.50% | 1,200,482 | 353,149 | (357,283) | (219,734) | (165,437) | — | 25,589 | 811,177 |
Invesco International Select Equity Fund, Class R6 | 1.44% | 547,693 | 125,799 | (263,045) | (19,326) | (132,630) | — | 30,627 | 258,491 |
Invesco International Small-Mid Company Fund, Class R6 | 2.08% | 403,682 | 187,166 | (7,388) | (208,612) | 133 | — | 11,091 | 374,981 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 4.33% | 743,859 | 356,384 | (40,518) | (268,880) | (10,962) | 23,060 | 37,969 | 779,883 |
Invesco RAFI™ Strategic Developed ex-US ETF | 2.90% | 558,464 | 112,838 | (7,340) | (142,304) | 917 | 16,334 | 22,486 | 522,575 |
Invesco S&P International Developed Low Volatility ETF | 1.96% | 361,813 | 85,692 | — | (93,531) | — | 13,816 | 14,360 | 353,974 |
Total Foreign Equity Funds | 5,021,038 | 1,455,945 | (980,119) | (1,144,690) | (427,137) | 53,210 | 3,925,037 | ||
Money Market Funds–0.36% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.13% | 73,058 | 1,840,428 | (1,890,497) | — | — | 365 | 22,989 | 22,989 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.09% | 53,163 | 1,314,591 | (1,351,305) | 5 | (19) | 266 | 16,431 | 16,435 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.14% | 83,494 | 2,103,348 | (2,160,568) | — | — | 392 | 26,274 | 26,274 |
Total Money Market Funds | 209,715 | 5,258,367 | (5,402,370) | 5 | (19) | 1,023 | 65,698 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $20,913,189) | 99.99% | 18,716,976 | 11,569,586 | (6,986,417) | (4,883,050) | (393,390) | 166,628 | 18,023,705 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | 23,637 | 629,047 | (652,684) | — | — | 409(d) | — | — |
Invesco Private Prime Fund, 3.11%(c) | — | 55,153 | 1,466,376 | (1,521,637) | 5 | 103 | 1,130(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | 78,790 | 2,095,423 | (2,174,321) | 5 | 103 | 1,539 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $20,913,189) | 99.99% | $18,795,766 | $13,665,009 | $(9,160,738) | $(4,883,045) | $(393,287) | $168,167 | $18,023,705 | |
OTHER ASSETS LESS LIABILITIES | 0.01% | 1,976 | |||||||
NET ASSETS | 100.00% | $18,025,681 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2055 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.59%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Domestic Equity Funds–72.62% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 8.13% | $477,566 | $281,431 | $(32,490) | $(172,894) | $(11,992) | $— | 21,848 | $541,621 |
Invesco Main Street Small Cap Fund, Class R6 | 6.23% | 374,943 | 142,174 | (4,303) | (97,622) | (285) | — | 25,025 | 414,907 |
Invesco PureBetaSM MSCI USA ETF | 19.45% | 901,330 | 771,512 | (26,534) | (353,840) | 2,759 | 14,365 | 36,220 | 1,295,227 |
Invesco Russell 1000 Dynamic Multifactor ETF | 19.10% | 1,140,598 | 495,386 | (52,637) | (317,476) | 6,313 | 13,632 | 32,570 | 1,272,184 |
Invesco S&P SmallCap Low Volatility ETF | 3.40% | 207,839 | 74,625 | — | (55,961) | — | 5,542 | 5,583 | 226,503 |
Invesco U.S. Managed Volatility Fund, Class R6 | 16.31% | 959,066 | 383,813 | (24,549) | (231,139) | (908) | — | 91,593 | 1,086,283 |
Total Domestic Equity Funds | 4,061,342 | 2,148,941 | (140,513) | (1,228,932) | (4,113) | 33,539 | 4,836,725 | ||
Fixed Income Funds–5.02% | |||||||||
Invesco Intermediate Bond Factor Fund, Class R6 | 2.01% | 119,752 | 36,486 | — | (22,486) | — | 1,950 | 14,747 | 133,752 |
Invesco Taxable Municipal Bond ETF | 2.06% | 116,975 | 53,141 | (1,103) | (31,363) | (38) | 2,813 | 5,365 | 137,612 |
Invesco Variable Rate Investment Grade ETF | 0.95% | 56,084 | 8,177 | — | (1,111) | — | 720 | 2,565 | 63,150 |
Total Fixed Income Funds | 292,811 | 97,804 | (1,103) | (54,960) | (38) | 5,483 | 334,514 | ||
Foreign Equity Funds–22.34% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.79% | 385,532 | 144,589 | (103,503) | (68,913) | (38,662) | — | 11,472 | 319,043 |
Invesco Developing Markets Fund, Class R6 | 4.39% | 388,876 | 164,500 | (129,691) | (75,159) | (55,714) | — | 9,237 | 292,812 |
Invesco International Select Equity Fund, Class R6 | 1.43% | 179,510 | 59,744 | (89,948) | (20,528) | (33,588) | — | 11,278 | 95,190 |
Invesco International Small-Mid Company Fund, Class R6 | 2.22% | 132,839 | 89,354 | — | (74,262) | — | — | 4,375 | 147,931 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 4.43% | 235,286 | 161,150 | (1,454) | (100,160) | 112 | 8,356 | 14,359 | 294,934 |
Invesco RAFI™ Strategic Developed ex-US ETF | 3.07% | 177,978 | 78,950 | — | (52,509) | — | 5,653 | 8,796 | 204,419 |
Invesco S&P International Developed Low Volatility ETF | 2.01% | 119,413 | 48,904 | — | (34,443) | — | 4,870 | 5,431 | 133,874 |
Total Foreign Equity Funds | 1,619,434 | 747,191 | (324,596) | (425,974) | (127,852) | 18,879 | 1,488,203 | ||
Money Market Funds–0.61% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.21% | 33,196 | 772,166 | (791,237) | — | — | 142 | 14,125 | 14,125 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.15% | 23,712 | 551,546 | (565,161) | 3 | (10) | 103 | 10,088 | 10,090 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.25% | 37,939 | 882,474 | (904,270) | — | — | 152 | 16,143 | 16,143 |
Total Money Market Funds | 94,847 | 2,206,186 | (2,260,668) | 3 | (10) | 397 | 40,358 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $7,635,078) | 100.59% | 6,068,434 | 5,200,122 | (2,726,880) | (1,709,863) | (132,013) | 58,298 | 6,699,800 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | — | 1,327,176 | (1,327,176) | — | — | 79(d) | — | — |
Invesco Private Prime Fund, 3.11%(c) | — | — | 3,278,531 | (3,278,631) | — | 100 | 211(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 4,605,707 | (4,605,807) | — | 100 | 290 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $7,635,078) | 100.59% | $6,068,434 | $9,805,829 | $(7,332,687) | $(1,709,863) | $(131,913) | $58,588 | $6,699,800 | |
OTHER ASSETS LESS LIABILITIES | (0.59)% | (39,466) | |||||||
NET ASSETS | 100.00% | $6,660,334 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2060 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.51%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Domestic Equity Funds–72.44% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 8.17% | $653,657 | $250,914 | $(43,237) | $(220,367) | $(17,691) | $— | 25,142 | $623,276 |
Invesco Main Street Small Cap Fund, Class R6 | 6.28% | 501,079 | 109,433 | (8,178) | (125,779) | 2,785 | — | 28,911 | 479,340 |
Invesco PureBetaSM MSCI USA ETF | 19.77% | 1,197,089 | 785,203 | (46,142) | (423,552) | (4,027) | 17,563 | 42,186 | 1,508,571 |
Invesco Russell 1000 Dynamic Multifactor ETF | 18.99% | 1,504,217 | 390,133 | (60,641) | (384,688) | 418 | 16,295 | 37,108 | 1,449,439 |
Invesco S&P SmallCap Low Volatility ETF | 3.37% | 274,150 | 56,361 | (4,730) | (69,579) | 850 | 6,655 | 6,336 | 257,052 |
Invesco U.S. Managed Volatility Fund, Class R6 | 15.86% | 1,271,352 | 255,425 | (32,000) | (280,464) | (4,328) | — | 102,024 | 1,209,985 |
Total Domestic Equity Funds | 5,401,544 | 1,847,469 | (194,928) | (1,504,429) | (21,993) | 40,513 | 5,527,663 | ||
Fixed Income Funds–5.15% | |||||||||
Invesco Intermediate Bond Factor Fund, Class R6 | 2.02% | 151,843 | 41,568 | (10,784) | (26,456) | (1,791) | 2,465 | 17,021 | 154,380 |
Invesco Taxable Municipal Bond ETF | 2.08% | 151,781 | 50,429 | (4,284) | (38,965) | (726) | 3,583 | 6,169 | 158,235 |
Invesco Variable Rate Investment Grade ETF | 1.05% | 75,857 | 7,302 | (1,729) | (1,418) | 3 | 916 | 3,250 | 80,015 |
Total Fixed Income Funds | 379,481 | 99,299 | (16,797) | (66,839) | (2,514) | 6,964 | 392,630 | ||
Foreign Equity Funds–22.35% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.78% | 518,140 | 114,275 | (133,395) | (84,570) | (49,851) | — | 13,110 | 364,599 |
Invesco Developing Markets Fund, Class R6 | 4.42% | 513,027 | 137,943 | (146,553) | (102,342) | (64,677) | — | 10,643 | 337,398 |
Invesco International Select Equity Fund, Class R6 | 1.39% | 238,843 | 50,330 | (115,219) | (21,131) | (46,674) | — | 12,577 | 106,149 |
Invesco International Small-Mid Company Fund, Class R6 | 2.24% | 169,327 | 93,054 | (1,720) | (89,757) | (86) | — | 5,052 | 170,818 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 4.58% | 310,760 | 164,597 | (5,148) | (120,784) | 227 | 10,185 | 17,023 | 349,652 |
Invesco RAFI™ Strategic Developed ex-US ETF | 2.95% | 237,709 | 60,444 | (11,974) | (62,740) | 1,222 | 6,866 | 9,667 | 224,661 |
Invesco S&P International Developed Low Volatility ETF | 1.99% | 151,652 | 43,164 | (2,256) | (40,527) | 107 | 5,775 | 6,172 | 152,140 |
Total Foreign Equity Funds | 2,139,458 | 663,807 | (416,265) | (521,851) | (159,732) | 22,826 | 1,705,417 | ||
Money Market Funds–0.57% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.16% | 36,215 | 671,094 | (694,863) | — | — | 135 | 12,446 | 12,446 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.22% | 23,461 | 479,353 | (485,869) | 4 | (14) | 135 | 16,931 | 16,935 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.19% | 41,389 | 766,964 | (794,129) | — | — | 144 | 14,224 | 14,224 |
Total Money Market Funds | 101,065 | 1,917,411 | (1,974,861) | 4 | (14) | 414 | 43,605 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $8,659,179) | 100.51% | 8,021,548 | 4,527,986 | (2,602,851) | (2,093,115) | (184,253) | 70,717 | 7,669,315 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | — | 726,077 | (726,077) | — | — | 6(d) | — | — |
Invesco Private Prime Fund, 3.11%(c) | — | — | 1,694,145 | (1,694,145) | — | — | 16(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 2,420,222 | (2,420,222) | — | — | 22 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $8,659,179) | 100.51% | $8,021,548 | $6,948,208 | $(5,023,073) | $(2,093,115) | $(184,253) | $70,739 | $7,669,315 | |
OTHER ASSETS LESS LIABILITIES | (0.51)% | (39,204) | |||||||
NET ASSETS | 100.00% | $7,630,111 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Schedule of Investments
September 30, 2022
(Unaudited)
Invesco Peak Retirement™ 2065 Fund | |||||||||
Schedule of Investments in Affiliated Issuers–100.42%(a) | |||||||||
% of Net Assets 09/30/22 | Value 12/31/21 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain (Loss) | Dividend Income | Shares 09/30/22 | Value 09/30/22 | |
Domestic Equity Funds–72.66% | |||||||||
Invesco Discovery Mid Cap Growth Fund, Class R6 | 8.02% | $468,662 | $247,580 | $(20,889) | $(175,982) | $(10,210) | $— | 20,539 | $509,161 |
Invesco Main Street Small Cap Fund, Class R6 | 6.18% | 366,309 | 140,965 | (14,497) | (97,869) | (2,488) | — | 23,668 | 392,420 |
Invesco PureBetaSM MSCI USA ETF | 19.87% | 880,586 | 801,238 | (73,583) | (343,825) | (2,410) | 14,264 | 35,291 | 1,262,006 |
Invesco Russell 1000 Dynamic Multifactor ETF | 19.11% | 1,114,386 | 461,420 | (57,457) | (302,915) | (1,527) | 13,166 | 31,078 | 1,213,907 |
Invesco S&P SmallCap Low Volatility ETF | 3.41% | 205,547 | 72,230 | (5,727) | (54,989) | (376) | 5,485 | 5,341 | 216,685 |
Invesco U.S. Managed Volatility Fund, Class R6 | 16.07% | 936,993 | 365,524 | (52,532) | (228,201) | (855) | — | 86,082 | 1,020,929 |
Total Domestic Equity Funds | 3,972,483 | 2,088,957 | (224,685) | (1,203,781) | (17,866) | 32,915 | 4,615,108 | ||
Fixed Income Funds–5.07% | |||||||||
Invesco Intermediate Bond Factor Fund, Class R6 | 1.98% | 117,773 | 40,329 | (9,901) | (21,331) | (1,292) | 1,964 | 13,845 | 125,578 |
Invesco Taxable Municipal Bond ETF | 1.98% | 117,404 | 46,709 | (7,006) | (30,136) | (1,337) | 2,853 | 4,898 | 125,634 |
Invesco Variable Rate Investment Grade ETF | 1.11% | 58,716 | 17,321 | (4,115) | (1,133) | (80) | 758 | 2,872 | 70,709 |
Total Fixed Income Funds | 293,893 | 104,359 | (21,022) | (52,600) | (2,709) | 5,575 | 321,921 | ||
Foreign Equity Funds–22.08% | |||||||||
Invesco EQV Emerging Markets All Cap Fund, Class R6(b) | 4.74% | 381,932 | 161,480 | (134,356) | (58,742) | (49,198) | — | 10,828 | 301,116 |
Invesco Developing Markets Fund, Class R6 | 4.51% | 382,309 | 191,232 | (155,410) | (63,842) | (67,840) | — | 9,036 | 286,449 |
Invesco International Select Equity Fund, Class R6 | 1.38% | 176,022 | 55,477 | (90,792) | (14,512) | (38,370) | — | 10,406 | 87,825 |
Invesco International Small-Mid Company Fund, Class R6 | 2.11% | 132,031 | 81,514 | (6,912) | (71,700) | (1,073) | — | 3,959 | 133,860 |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 4.34% | 234,640 | 142,309 | (3,673) | (96,727) | (1,108) | 8,438 | 13,410 | 275,441 |
Invesco RAFI™ Strategic Developed ex-US ETF | 3.04% | 176,159 | 69,570 | (2,645) | (49,188) | (563) | 5,668 | 8,319 | 193,333 |
Invesco S&P International Developed Low Volatility ETF | 1.96% | 117,466 | 39,949 | — | (32,760) | — | 4,711 | 5,057 | 124,655 |
Total Foreign Equity Funds | 1,600,559 | 741,531 | (393,788) | (387,471) | (158,152) | 18,817 | 1,402,679 | ||
Money Market Funds–0.61% | |||||||||
Invesco Government & Agency Portfolio, Institutional Class, 2.88%(c) | 0.19% | — | 811,147 | (799,096) | — | — | 115 | 12,051 | 12,051 |
Invesco Liquid Assets Portfolio, Institutional Class, 2.90%(c) | 0.20% | 9,691 | 579,390 | (576,379) | 4 | (15) | 119 | 12,689 | 12,691 |
Invesco Treasury Portfolio, Institutional Class, 2.87%(c) | 0.22% | — | 927,025 | (913,252) | — | — | 124 | 13,773 | 13,773 |
Total Money Market Funds | 9,691 | 2,317,562 | (2,288,727) | 4 | (15) | 358 | 38,515 | ||
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (excluding investments purchased with cash collateral from securities on loan) (Cost $7,284,130) | 100.42% | 5,876,626 | 5,252,409 | (2,928,222) | (1,643,848) | (178,742) | 57,665 | 6,378,223 | |
Investments Purchased with Cash Collateral from Securities on Loan | |||||||||
Money Market Funds–0.00% | |||||||||
Invesco Private Government Fund, 3.01%(c) | — | — | 466,348 | (466,348) | — | — | 4(d) | — | — |
Invesco Private Prime Fund, 3.11%(c) | — | — | 1,088,121 | (1,088,121) | — | — | 10(d) | — | — |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $0) | 0.00% | — | 1,554,469 | (1,554,469) | — | — | 14 | — | |
TOTAL INVESTMENTS IN AFFILIATED ISSUERS (Cost $7,284,130) | 100.42% | $5,876,626 | $6,806,878 | $(4,482,691) | $(1,643,848) | $(178,742) | $57,679 | $6,378,223 | |
OTHER ASSETS LESS LIABILITIES | (0.42)% | (26,805) | |||||||
NET ASSETS | 100.00% | $6,351,418 |
Investment Abbreviations:
ETF - | Exchange-Traded Fund |
See accompanying notes which are an integral part of this schedule.
Invesco Peak Retirement™ Funds
Schedule of Investments—(continued)
September 30, 2022
(Unaudited)
Notes to Schedule of Investments:
(a) | Each underlying fund and the Fund are affiliated by either having the same investment adviser or an investment adviser under common control with the Fund’s investment adviser. |
(b) | Effective February 28, 2022, the underlying fund’s name changed. |
(c) | The rate shown is the 7-day SEC standardized yield as of September 30, 2022. |
(d) | 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. |
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 Peak Retirement™ Funds
Notes to Quarterly Schedule of Portfolio Holdings
September 30, 2022
(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 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.
Except for the Funds listed below, as of September 30, 2022, all of the securities in each Fund were valued based on Level 1 inputs (see the Schedules of Investments for security categories). 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.
Invesco Peak Retirement™ 2025 Fund | Level 1 | Level 2 | Level 3 | Total |
Investments in Securities | ||||
Affiliated Issuers | $21,638,159 | $— | $— | $21,638,159 |
Money Market Funds | 201,403 | 40,501 | — | 241,904 |
Total Investments | $21,839,562 | $40,501 | $— | $21,880,063 |
Invesco Peak RetirementTM Funds