Consolidated Schedule of Investments
July 31, 2023
(Unaudited)
Principal Amount | Value | ||
Non-U.S. Dollar Denominated Bonds & Notes–36.66%(a) | |||
Argentina–0.19% | |||
Argentina Treasury Bond BONCER, 2.00%, 11/09/2026 | ARS | 200,000,000 | $3,138,685 |
Australia–0.92% | |||
New South Wales Treasury Corp., 3.00%, 02/20/2030(b) | AUD | 25,060,000 | 15,532,111 |
Austria–0.45% | |||
Erste Group Bank AG, | |||
6.50%(b)(c)(d) | EUR | 2,400,000 | 2,604,167 |
5.13%(b)(c)(d) | EUR | 2,200,000 | 2,179,744 |
Republic of Austria Government Bond, 2.10%, 09/20/2117(b) | EUR | 3,587,000 | 2,781,322 |
7,565,233 | |||
Belgium–0.44% | |||
KBC Group N.V., | |||
4.25%(b)(c)(d) | EUR | 3,200,000 | 3,130,491 |
4.75%(b)(c)(d) | EUR | 4,000,000 | 4,325,267 |
7,455,758 | |||
Brazil–6.66% | |||
Brazil Notas do Tesouro Nacional, | |||
Series B, 6.00%, 05/15/2055 | BRL | 5,700,000 | 5,471,987 |
Series F, 10.00%, 01/01/2027 | BRL | 495,000,000 | 104,767,702 |
Swiss Insured Brazil Power Finance S.a r.l., 9.85%, 07/16/2032(b) | BRL | 8,756,212 | 1,735,966 |
111,975,655 | |||
Canada–0.58% | |||
Province of Ontario, 3.75%, 12/02/2053 | CAD | 14,000,000 | 9,819,408 |
China–0.48% | |||
China Government Bond, 3.32%, 04/15/2052 | CNY | 55,000,000 | 8,117,502 |
Colombia–3.42% | |||
Colombian TES, | |||
Series B, 7.75%, 09/18/2030 | COP | 79,000,000,000 | 17,906,881 |
Series B, 7.00%, 06/30/2032 | COP | 70,000,000,000 | 14,687,471 |
Series B, 7.25%, 10/18/2034 | COP | 33,425,000,000 | 6,880,888 |
Series B, 9.25%, 05/28/2042 | COP | 11,375,000,000 | 2,613,646 |
Series B, 7.25%, 10/26/2050 | COP | 85,050,000,000 | 15,527,568 |
57,616,454 |
Principal Amount | Value | ||
Czech Republic–0.11% | |||
CPI Property Group S.A., 4.88%(b)(c)(d) | EUR | 4,100,000 | $1,812,422 |
Egypt–0.10% | |||
Egypt Government International Bond, 4.75%, 04/16/2026(b) | EUR | 2,000,000 | 1,676,903 |
France–2.84% | |||
Air France-KLM, 3.88%, 07/01/2026(b) | EUR | 800,000 | 840,740 |
BPCE S.A., Series NC5, 1.50%, 01/13/2042(b)(c) | EUR | 5,000,000 | 4,770,101 |
Electricite de France S.A., 5.38%(b)(c)(d) | EUR | 5,400,000 | 5,835,804 |
French Republic Government Bond OAT, | |||
0.00%, 05/25/2032(b) | EUR | 32,444,000 | 27,651,334 |
0.75%, 05/25/2052(b) | EUR | 14,952,000 | 8,629,674 |
47,727,653 | |||
Germany–0.54% | |||
Bayer AG, 2.38%, 11/12/2079(b)(c) | EUR | 3,700,000 | 3,803,461 |
Deutsche Lufthansa AG, | |||
3.75%, 02/11/2028(b) | EUR | 800,000 | 835,202 |
4.38%, 08/12/2075(b)(c) | EUR | 1,750,000 | 1,808,417 |
Nidda Healthcare Holding GmbH, 7.50%, 08/21/2026(b) | EUR | 990,000 | 1,090,643 |
Volkswagen International Finance N.V., 4.63%(b)(c)(d) | EUR | 1,480,000 | 1,564,897 |
9,102,620 | |||
Greece–1.23% | |||
Hellenic Republic Government Bond, | |||
4.25%, 06/15/2033(b) | EUR | 3,800,000 | 4,358,632 |
4.38%, 07/18/2038(b) | EUR | 14,000,000 | 15,954,362 |
0.00%, 10/15/2042(e) | EUR | 76,770,000 | 326,662 |
20,639,656 | |||
India–1.10% | |||
India Government Bond, | |||
6.54%, 01/17/2032 | INR | 700,000,000 | 8,176,295 |
7.26%, 08/22/2032 | INR | 850,000,000 | 10,368,607 |
18,544,902 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
Indonesia–1.43% | |||
Indonesia Treasury Bond, | |||
Series FR95, 6.38%, 08/15/2028 | IDR | 140,000,000,000 | $9,451,392 |
Series FR96, 7.00%, 02/15/2033 | IDR | 210,000,000,000 | 14,668,528 |
24,119,920 | |||
Italy–0.35% | |||
Intesa Sanpaolo S.p.A., | |||
5.50%(b)(c)(d) | EUR | 2,400,000 | 2,294,517 |
5.88%(b)(c)(d) | EUR | 1,800,000 | 1,901,825 |
6.38%(b)(c)(d) | EUR | 1,750,000 | 1,728,538 |
5,924,880 | |||
Ivory Coast–0.15% | |||
Ivory Coast Government International Bond, 4.88%, 01/30/2032(b) | EUR | 2,900,000 | 2,595,226 |
Japan–0.80% | |||
Japan Government Bond, | |||
Series 15, 1.00%, 03/20/2062 | JPY | 673,600,000 | 3,983,693 |
Series 77, 1.60%, 12/20/2052 | JPY | 1,291,850,000 | 9,404,645 |
13,388,338 | |||
Malaysia–0.51% | |||
Malaysia Government Bond, | |||
Series 115, 3.96%, 09/15/2025 | MYR | 17,500,000 | 3,924,595 |
Series 319, 3.48%, 06/14/2024 | MYR | 21,000,000 | 4,670,160 |
8,594,755 | |||
Mexico–1.61% | |||
Mexican Bonos, Series M, 7.75%, 05/29/2031 | MXN | 481,850,000 | 27,032,231 |
Netherlands–0.30% | |||
ABN AMRO Bank N.V., 4.38%(b)(c)(d) | EUR | 1,700,000 | 1,730,654 |
Cooperatieve Rabobank U.A., 4.38%(b)(c)(d) | EUR | 3,400,000 | 3,349,963 |
5,080,617 | |||
Peru–2.71% | |||
Peru Government Bond, | |||
6.15%, 08/12/2032 | PEN | 140,000,000 | 37,618,688 |
7.30%, 08/12/2033(b) | PEN | 27,500,000 | 7,940,987 |
45,559,675 | |||
Poland–1.56% | |||
Republic of Poland Government Bond, Series 432, 1.75%, 04/25/2032 | PLN | 140,000,000 | 26,282,875 |
Principal Amount | Value | ||
South Africa–2.91% | |||
Republic of South Africa Government Bond, | |||
Series 2030, 8.00%, 01/31/2030 | ZAR | 421,000,000 | $21,127,979 |
Series 2032, 8.25%, 03/31/2032 | ZAR | 165,300,000 | 7,903,251 |
Series R186, 10.50%, 12/21/2026 | ZAR | 340,000,000 | 19,893,339 |
48,924,569 | |||
Spain–1.61% | |||
Banco Bilbao Vizcaya Argentaria S.A., 5.88%(b)(c)(d) | EUR | 7,600,000 | 8,368,495 |
Banco Santander S.A., | |||
4.38%(b)(c)(d) | EUR | 1,800,000 | 1,704,204 |
4.13%(c)(d) | EUR | 2,000,000 | 1,727,755 |
CaixaBank S.A., | |||
6.38%(b)(c)(d) | EUR | 3,400,000 | 3,744,866 |
5.25%(b)(c)(d) | EUR | 2,000,000 | 1,927,215 |
Repsol International Finance B.V., 3.75%(b)(c)(d) | EUR | 1,950,000 | 2,026,104 |
Telefonica Europe B.V., | |||
2.88%(b)(c)(d) | EUR | 3,700,000 | 3,578,346 |
4.38%(b)(c)(d) | EUR | 3,700,000 | 3,998,993 |
�� | 27,075,978 | ||
Supranational–0.99% | |||
African Development Bank, 0.00%, 01/17/2050(f) | ZAR | 222,000,000 | 1,277,350 |
Corp. Andina de Fomento, 6.82%, 02/22/2031(b) | MXN | 221,200,000 | 11,045,403 |
International Finance Corp., | |||
0.00%, 02/15/2029(b)(f) | TRY | 10,300,000 | 125,281 |
0.00%, 03/23/2038(f) | MXN | 260,000,000 | 4,176,769 |
16,624,803 | |||
Sweden–0.06% | |||
Heimstaden Bostad AB, 3.38%(b)(c)(d) | EUR | 1,850,000 | 1,003,983 |
Thailand–0.62% | |||
Thailand Government Bond, 3.45%, 06/17/2043 | THB | 336,000,000 | 10,456,914 |
United Kingdom–1.76% | |||
Barclays PLC, 7.13%(c)(d) | GBP | 9,575,000 | 11,623,139 |
Bellis Acquisition Co. PLC, 3.25%, 02/16/2026(b) | GBP | 953,000 | 1,053,805 |
Gatwick Airport Finance PLC, 4.38%, 04/07/2026(b) | GBP | 744,000 | 872,982 |
HSBC Holdings PLC, 5.88%(c)(d) | GBP | 3,500,000 | 4,072,421 |
International Consolidated Airlines Group S.A., 1.50%, 07/04/2027(b) | EUR | 1,900,000 | 1,826,217 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United Kingdom–(continued) | |||
Lloyds Banking Group PLC, 8.50%(c)(d) | GBP | 2,275,000 | $2,797,238 |
Nationwide Building Society, 5.75%(b)(c)(d) | GBP | 1,775,000 | 2,011,792 |
NatWest Group PLC, 5.13%(c)(d) | GBP | 2,415,000 | 2,637,761 |
United Kingdom Gilt, 0.50%, 10/22/2061(b) | GBP | 6,912,000 | 2,727,522 |
29,622,877 | |||
United States–0.06% | |||
Boxer Parent Co., Inc., 6.50%, 10/02/2025(b) | EUR | 850,000 | 930,415 |
Uruguay–0.17% | |||
Uruguay Government International Bond, 9.75%, 07/20/2033 | UYU | 104,175,200 | 2,879,519 |
Total Non-U.S. Dollar Denominated Bonds & Notes (Cost $599,383,670) | 616,822,537 | ||
U.S. Dollar Denominated Bonds & Notes–27.39% | |||
Argentina–0.00% | |||
Argentina Treasury Dual Bond, 0.00%, 04/30/2024(f) | $11,765 | 9,469 | |
Belgium–0.24% | |||
Telenet Finance Luxembourg Notes S.a.r.l., 5.50%, 03/01/2028(b) | 4,325,000 | 3,984,839 | |
Brazil–0.52% | |||
CSN Inova Ventures, 6.75%, 01/28/2028(b) | 325,000 | 308,318 | |
CSN Resources S.A., 5.88%, 04/08/2032(b) | 1,050,000 | 876,300 | |
Embraer Netherlands Finance B.V., 7.00%, 07/28/2030(b) | 1,750,000 | 1,770,300 | |
Sitios Latinoamerica S.A.B. de C.V., 5.38%, 04/04/2032(b) | 4,745,000 | 4,340,551 | |
Suzano Austria GmbH, 2.50%, 09/15/2028 | 1,716,000 | 1,465,898 | |
8,761,367 | |||
Canada–1.08% | |||
1011778 BC ULC/New Red Finance, Inc., 3.50%, 02/15/2029(b) | 706,000 | 621,045 | |
1375209 BC Ltd., 9.00%, 01/30/2028(b)(g) | 797,000 | 799,764 | |
Baytex Energy Corp., 8.50%, 04/30/2030(b) | 616,000 | 624,766 | |
Enbridge, Inc., 7.38%, 01/15/2083(c) | 6,974,000 | 6,914,992 |
Principal Amount | Value | |||
Canada–(continued) | ||||
Enerflex Ltd., 9.00%, 10/15/2027(b) | $613,000 | $617,512 | ||
GFL Environmental, Inc., 4.38%, 08/15/2029(b) | 703,000 | 627,555 | ||
Hudbay Minerals, Inc., 6.13%, 04/01/2029(b) | 736,000 | 705,817 | ||
New Gold, Inc., 7.50%, 07/15/2027(b) | 674,000 | 645,048 | ||
Parkland Corp., 4.50%, 10/01/2029(b) | 740,000 | 653,697 | ||
Ritchie Bros. Holdings, Inc., 6.75%, 03/15/2028(b)(g) | 1,342,000 | 1,360,452 | ||
Strathcona Resources Ltd., 6.88%, 08/01/2026(b)(g) | 767,000 | 674,326 | ||
TransAlta Corp., 7.75%, 11/15/2029 | 595,000 | 617,979 | ||
Transcanada Trust, Series 16-A, 5.88%, 08/15/2076(c) | 3,545,000 | 3,316,249 | ||
18,179,202 | ||||
Chile–0.38% | ||||
AES Andes S.A., 6.35%, 10/07/2079(b)(c) | 1,750,000 | 1,655,032 | ||
Kenbourne Invest S.A., 4.70%, 01/22/2028(b) | 2,084,000 | 1,500,679 | ||
Mercury Chile Holdco LLC, 6.50%, 01/24/2027(b) | 3,500,000 | 3,254,096 | ||
6,409,807 | ||||
China–0.08% | ||||
Prosus N.V., 4.99%, 01/19/2052(b) | 1,750,000 | 1,282,836 | ||
Colombia–0.71% | ||||
Bancolombia S.A., 6.91%, 10/18/2027(c) | 6,150,000 | 6,043,605 | ||
Colombia Government International Bond, 4.13%, 02/22/2042 | 3,725,000 | 2,509,125 | ||
Ecopetrol S.A., 5.38%, 06/26/2026 | 3,500,000 | 3,371,602 | ||
11,924,332 | ||||
Czech Republic–0.03% | ||||
Allwyn Entertainment Financing (UK) PLC, 7.88%, 04/30/2029(b) | 566,000 | 578,979 | ||
Dominican Republic–0.10% | ||||
Dominican Republic International Bond, | ||||
4.50%, 01/30/2030(b) | 720,000 | 639,970 | ||
4.88%, 09/23/2032(b) | 1,200,000 | 1,043,789 | ||
1,683,759 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | |||
Egypt–0.09% | ||||
Egypt Government International Bond, 8.50%, 01/31/2047(b) | $2,600,000 | $1,525,004 | ||
France–1.44% | ||||
Altice France S.A., | ||||
8.13%, 02/01/2027(b)(g) | 870,000 | 712,701 | ||
5.13%, 07/15/2029(b) | 543,000 | 380,792 | ||
5.50%, 10/15/2029(b) | 518,000 | 368,278 | ||
BNP Paribas S.A., | ||||
7.38%(b)(c)(d)(g) | 6,750,000 | 6,683,175 | ||
6.63%(b)(c)(d)(g) | 1,400,000 | 1,365,000 | ||
7.75%(b)(c)(d) | 1,750,000 | 1,746,325 | ||
BPCE S.A., 5.15%, 07/21/2024(b)(g) | 3,500,000 | 3,444,464 | ||
Electricite de France S.A., 9.13%(b)(c)(d)(g) | 2,642,000 | 2,784,007 | ||
Iliad Holding S.A.S., 6.50%, 10/15/2026(b) | 275,000 | 263,797 | ||
Iliad Holding S.A.S.U., 7.00%, 10/15/2028(b) | 1,347,000 | 1,265,832 | ||
Societe Generale S.A., | ||||
7.38%(b)(c)(d)(g) | 1,750,000 | 1,729,578 | ||
7.88%(b)(c)(d) | 1,750,000 | 1,733,378 | ||
8.00%(b)(c)(d) | 1,750,000 | 1,715,219 | ||
24,192,546 | ||||
Germany–0.04% | ||||
ZF North America Capital, Inc., 6.88%, 04/14/2028(b) | 622,000 | 632,286 | ||
Ghana–0.05% | ||||
Ghana Government International Bond, 7.88%, 02/11/2035(b) | 1,750,000 | 807,786 | ||
Guatemala–0.10% | ||||
CT Trust, 5.13%, 02/03/2032(b) | 2,000,000 | 1,664,885 | ||
Hong Kong–0.91% | ||||
Melco Resorts Finance Ltd., | ||||
4.88%, 06/06/2025(b)(g) | 9,250,000 | 8,838,047 | ||
5.75%, 07/21/2028(b) | 1,775,000 | 1,588,833 | ||
5.38%, 12/04/2029(b) | 2,049,000 | 1,751,870 | ||
Prudential Funding Asia PLC, 4.88%(b)(d) | 3,550,000 | 3,091,265 | ||
15,270,015 | ||||
India–0.29% | ||||
JSW Steel Ltd., 3.95%, 04/05/2027(b) | 4,260,000 | 3,796,869 |
Principal Amount | Value | |||
India–(continued) | ||||
Muthoot Finance Ltd., 4.40%, 09/02/2023(b) | $1,126,000 | $1,120,370 | ||
4,917,239 | ||||
Indonesia–0.83% | ||||
PT Bank Tabungan Negara (Persero) Tbk, 4.20%, 01/23/2025(b) | 6,390,000 | 6,036,313 | ||
PT Indonesia Asahan Aluminium/PT Mineral Industri Indonesia (Persero), 6.76%, 11/15/2048(b) | 3,000,000 | 2,981,305 | ||
PT Pertamina (Persero), 4.18%, 01/21/2050(b)(g) | 1,775,000 | 1,411,190 | ||
PT Perusahaan Perseroan (Persero) Perusahaan Listrik Negara, 4.13%, 05/15/2027(b) | 3,700,000 | 3,543,282 | ||
13,972,090 | ||||
Iraq–0.06% | ||||
Iraq International Bond, 5.80%, 01/15/2028(b) | 1,012,500 | 942,900 | ||
Ireland–0.55% | ||||
AerCap Ireland Capital DAC/AerCap Global Aviation Trust, 5.75%, 06/06/2028(g) | 1,271,000 | 1,267,264 | ||
BB Blue Financing DAC, Series A1, 4.40%, 09/20/2037 | 1,750,000 | 1,755,386 | ||
Coriolanus DAC, | ||||
Series 116, 0.00%, 04/30/2025(b)(f) | 754,507 | 717,152 | ||
Series 119, 0.00%, 04/30/2025(b)(f) | 802,704 | 762,963 | ||
Series 120, 0.00%, 04/30/2025(b)(f) | 1,004,783 | 955,037 | ||
Series 122, 0.00%, 04/30/2025(b)(f) | 880,347 | 836,762 | ||
Series 124, 0.00%, 04/30/2025(b)(f) | 707,070 | 672,064 | ||
Series 126, 0.00%, 04/30/2025(b) | 791,007 | 751,845 | ||
Series 127, 0.00%, 04/30/2025(b)(f) | 916,217 | 870,856 | ||
0.00%, 04/30/2025(b)(f) | 719,087 | 683,486 | ||
9,272,815 | ||||
Italy–0.07% | ||||
Telecom Italia S.p.A., 5.30%, 05/30/2024(b) | 1,218,000 | 1,195,196 | ||
Ivory Coast–0.12% | ||||
Ivory Coast Government International Bond, 5.38%, 07/23/2024(b) | 2,100,000 | 2,068,895 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | |||
Macau–0.70% | ||||
MGM China Holdings Ltd., | ||||
5.38%, 05/15/2024(b) | $3,495,000 | $3,454,493 | ||
5.88%, 05/15/2026(b)(g) | 4,250,000 | 4,128,450 | ||
Studio City Finance Ltd., 5.00%, 01/15/2029(b) | 1,100,000 | 848,589 | ||
Wynn Macau Ltd., | ||||
4.88%, 10/01/2024(b)(g) | 2,840,000 | 2,771,556 | ||
5.63%, 08/26/2028(b) | 723,000 | 642,636 | ||
11,845,724 | ||||
Mexico–1.38% | ||||
Banco Mercantil del Norte S.A., | ||||
8.38%(b)(c)(d) | 1,850,000 | 1,814,961 | ||
5.88%(b)(c)(d) | 1,764,000 | 1,543,500 | ||
Braskem Idesa S.A.P.I., | ||||
7.45%, 11/15/2029(b) | 3,550,000 | 2,441,877 | ||
6.99%, 02/20/2032(b) | 1,722,000 | 1,111,863 | ||
Cemex S.A.B. de C.V., 5.13%(b)(c)(d) | 2,487,000 | 2,307,563 | ||
Mexico Remittances Funding Fiduciary Estate Management S.a.r.l., 4.88%, 01/15/2028(b) | 3,150,000 | 2,853,526 | ||
Nemak S.A.B. de C.V., 3.63%, 06/28/2031(b) | 3,064,000 | 2,430,680 | ||
Petroleos Mexicanos, | ||||
6.50%, 03/13/2027 | 3,500,000 | 3,115,836 | ||
8.75%, 06/02/2029(g) | 3,500,000 | 3,198,580 | ||
7.69%, 01/23/2050 | 1,775,000 | 1,236,843 | ||
6.95%, 01/28/2060 | 1,925,000 | 1,229,225 | ||
23,284,454 | ||||
Netherlands–0.66% | ||||
ING Groep N.V., | ||||
6.50%(c)(d)(g) | 5,000,000 | 4,717,810 | ||
5.75%(c)(d)(g) | 7,100,000 | 6,379,953 | ||
11,097,763 | ||||
Nigeria–0.09% | ||||
Nigeria Government International Bond, 6.50%, 11/28/2027(b) | 1,750,000 | 1,568,385 | ||
Oman–0.21% | ||||
Oman Government International Bond, 6.75%, 01/17/2048(b) | 3,500,000 | 3,474,205 | ||
Panama–0.09% | ||||
Telecomunicaciones Digitales S.A., 4.50%, 01/30/2030(b) | 1,750,000 | 1,495,288 |
Principal Amount | Value | |||
Romania–0.11% | ||||
Romanian Government International Bond, 7.13%, 01/17/2033(b) | $1,750,000 | $1,885,342 | ||
Supranational–0.11% | ||||
European Bank for Reconstruction and Development, 6.40%, 08/27/2025 | 1,800,000 | 1,843,079 | ||
Sweden–0.39% | ||||
Skandinaviska Enskilda Banken AB, 5.13%(b)(c)(d) | 3,400,000 | 3,217,165 | ||
Swedbank AB, Series NC5, 5.63%(b)(c)(d) | 3,400,000 | 3,251,100 | ||
6,468,265 | ||||
Switzerland–0.43% | ||||
Cloverie PLC for Swiss Reinsurance Co. Ltd., 4.50%, 09/11/2044(b)(c) | 3,850,000 | 3,697,251 | ||
Credit Suisse Group AG, 6.25%(b)(c)(d)(h) | 7,385,000 | 443,100 | ||
UBS Group AG, 5.13%(b)(c)(d) | 3,500,000 | 3,147,988 | ||
7,288,339 | ||||
Tanzania–0.19% | ||||
HTA Group Ltd., 7.00%, 12/18/2025(b) | 3,330,000 | 3,187,176 | ||
United Kingdom–1.78% | ||||
abrdn PLC, 4.25%, 06/30/2028(b) | 1,825,000 | 1,605,863 | ||
BP Capital Markets PLC, 4.88%(c)(d)(g) | 1,295,000 | 1,208,105 | ||
British Telecommunications PLC, 4.25%, 11/23/2081(b)(c) | 10,650,000 | 9,470,899 | ||
Lloyds Banking Group PLC, | ||||
7.50%(c)(d) | 2,100,000 | 2,048,382 | ||
7.50%(c)(d) | 3,500,000 | 3,317,125 | ||
M&G PLC, 6.50%, 10/20/2048(b)(c) | 925,000 | 927,299 | ||
NatWest Group PLC, 6.00%(c)(d)(g) | 3,500,000 | 3,284,225 | ||
Virgin Media Finance PLC, 5.00%, 07/15/2030(b) | 246,000 | 202,077 | ||
Virgin Media Secured Finance PLC, 5.50%, 05/15/2029(b) | 544,000 | 502,703 | ||
Vodafone Group PLC, | ||||
3.25%, 06/04/2081(c)(g) | 6,876,000 | 6,080,130 | ||
4.13%, 06/04/2081(c) | 1,605,000 | 1,277,687 | ||
29,924,495 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United States–13.33% | |||
Aethon United BR L.P./Aethon United Finance Corp., 8.25%, 02/15/2026(b) | $1,856,000 | $1,843,567 | |
Alcoa Nederland Holding B.V., 6.13%, 05/15/2028(b)(g) | 4,445,000 | 4,383,815 | |
Allison Transmission, Inc., | |||
4.75%, 10/01/2027(b) | 607,000 | 574,215 | |
3.75%, 01/30/2031(b) | 1,546,000 | 1,308,351 | |
American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 04/20/2026(b) | 7,651,417 | 7,544,198 | |
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 7.00%, 11/01/2026(b) | 640,000 | 626,565 | |
Ball Corp., 6.00%, 06/15/2029 | 636,000 | 636,795 | |
Bank of New York Mellon Corp. (The), Series I, 3.75%(c)(d) | 312,000 | 258,929 | |
Bausch Health Cos., Inc., 4.88%, 06/01/2028(b) | 1,016,000 | 617,337 | |
Becton, Dickinson and Co., 3.79%, 05/20/2050 | 3,307,000 | 2,639,153 | |
Black Knight InfoServ LLC, 3.63%, 09/01/2028(b) | 1,024,000 | 939,520 | |
Boeing Co. (The), 4.88%, 05/01/2025 | 3,500,000 | 3,457,327 | |
Callon Petroleum Co., 8.00%, 08/01/2028(b)(g) | 606,000 | 614,997 | |
Camelot Finance S.A., 4.50%, 11/01/2026(b) | 2,258,000 | 2,131,752 | |
Carnival Corp., | |||
10.50%, 02/01/2026(b)(g) | 3,600,000 | 3,798,054 | |
4.00%, 08/01/2028(b)(g) | 733,000 | 652,376 | |
6.00%, 05/01/2029(b) | 380,000 | 341,920 | |
Carnival Holdings Bermuda Ltd., 10.38%, 05/01/2028(b) | 632,000 | 690,200 | |
Carriage Services, Inc., 4.25%, 05/15/2029(b)(g) | 1,564,000 | 1,356,316 | |
CCM Merger, Inc., 6.38%, 05/01/2026(b) | 620,000 | 604,591 |
Principal Amount | Value | ||
United States–(continued) | |||
CCO Holdings LLC/CCO Holdings Capital Corp., | |||
5.50%, 05/01/2026(b) | $1,170,000 | $1,143,329 | |
5.13%, 05/01/2027(b) | 55,000 | 51,651 | |
5.00%, 02/01/2028(b) | 198,000 | 183,160 | |
4.75%, 03/01/2030(b) | 4,067,000 | 3,528,801 | |
4.50%, 08/15/2030(b) | 4,945,000 | 4,194,334 | |
4.50%, 05/01/2032 | 708,000 | 577,914 | |
4.25%, 01/15/2034(b) | 245,000 | 188,534 | |
Celanese US Holdings LLC, 5.90%, 07/05/2024 | 4,395,000 | 4,388,212 | |
Charles Schwab Corp. (The), Series G, 5.38%(c)(d)(g) | 974,000 | 954,726 | |
Citigroup, Inc., | |||
3.88%(c)(d) | 146,000 | 127,443 | |
7.38%(c)(d) | 130,000 | 132,600 | |
Civitas Resources, Inc., | |||
8.38%, 07/01/2028(b) | 664,000 | 683,794 | |
8.75%, 07/01/2031(b) | 333,000 | 345,071 | |
Clarivate Science Holdings Corp., 4.88%, 07/01/2029(b) | 559,000 | 497,064 | |
Clearway Energy Operating LLC, 4.75%, 03/15/2028(b) | 650,000 | 603,670 | |
Community Health Systems, Inc., | |||
8.00%, 03/15/2026(b)(g) | 4,248,000 | 4,175,430 | |
8.00%, 12/15/2027(b) | 1,440,000 | 1,409,400 | |
5.25%, 05/15/2030(b) | 532,000 | 425,728 | |
4.75%, 02/15/2031(b) | 354,000 | 268,612 | |
Cox Communications, Inc., 2.95%, 10/01/2050(b) | 2,720,000 | 1,676,498 | |
Crestwood Midstream Partners L.P./Crestwood Midstream Finance Corp., 8.00%, 04/01/2029(b) | 1,238,000 | 1,259,870 | |
Crowdstrike Holdings, Inc., 3.00%, 02/15/2029(g) | 1,454,000 | 1,256,609 | |
CSC Holdings LLC, | |||
5.50%, 04/15/2027(b)(g) | 848,000 | 728,216 | |
4.63%, 12/01/2030(b) | 213,000 | 107,223 | |
4.50%, 11/15/2031(b) | 1,245,000 | 894,424 | |
5.00%, 11/15/2031(b) | 253,000 | 128,091 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United States–(continued) | |||
CTR Partnership L.P./CareTrust Capital Corp., 3.88%, 06/30/2028(b) | $884,000 | $786,649 | |
CVS Health Corp., 5.05%, 03/25/2048 | 3,500,000 | 3,195,390 | |
DaVita, Inc., 3.75%, 02/15/2031(b) | 448,000 | 358,726 | |
Delek Logistics Partners L.P./Delek Logistics Finance Corp., 7.13%, 06/01/2028(b) | 876,000 | 811,325 | |
Dell International LLC/EMC Corp., 6.20%, 07/15/2030(g) | 7,400,000 | 7,690,050 | |
DISH Network Corp., 11.75%, 11/15/2027(b) | 637,000 | 642,088 | |
Diversified Healthcare Trust, | |||
4.75%, 05/01/2024 | 406,000 | 389,907 | |
4.38%, 03/01/2031 | 176,000 | 128,462 | |
Dun & Bradstreet Corp. (The), 5.00%, 12/15/2029(b) | 165,000 | 145,383 | |
Emerald Debt Merger Sub LLC, 6.63%, 12/15/2030(b) | 1,268,000 | 1,261,660 | |
Encompass Health Corp., 4.50%, 02/01/2028 | 834,000 | 775,520 | |
EnerSys, 4.38%, 12/15/2027(b)(g) | 652,000 | 605,157 | |
EnPro Industries, Inc., 5.75%, 10/15/2026 | 973,000 | 949,629 | |
FedEx Corp., 4.05%, 02/15/2048 | 3,500,000 | 2,809,510 | |
FirstCash, Inc., 5.63%, 01/01/2030(b) | 718,000 | 663,363 | |
Ford Motor Co., | |||
3.25%, 02/12/2032 | 799,000 | 632,436 | |
4.75%, 01/15/2043 | 455,000 | 356,391 | |
Ford Motor Credit Co. LLC, | |||
5.13%, 06/16/2025 | 10,716,000 | 10,443,286 | |
3.38%, 11/13/2025 | 300,000 | 280,763 | |
4.39%, 01/08/2026 | 277,000 | 263,495 | |
5.11%, 05/03/2029(g) | 1,120,000 | 1,046,830 | |
Fortress Transportation and Infrastructure Investors LLC, | |||
6.50%, 10/01/2025(b) | 661,000 | 655,375 | |
5.50%, 05/01/2028(b) | 1,350,000 | 1,249,633 | |
Freeport-McMoRan, Inc., 4.63%, 08/01/2030(g) | 6,290,000 | 5,936,613 | |
Gap, Inc. (The), 3.63%, 10/01/2029(b) | 841,000 | 628,228 | |
Gartner, Inc., | |||
4.50%, 07/01/2028(b) | 518,000 | 484,728 | |
3.63%, 06/15/2029(b) | 536,000 | 472,828 | |
3.75%, 10/01/2030(b) | 185,000 | 161,442 |
Principal Amount | Value | ||
United States–(continued) | |||
General Motors Co., 6.80%, 10/01/2027(g) | $7,000,000 | $7,311,359 | |
Genesis Energy L.P./Genesis Energy Finance Corp., | |||
6.50%, 10/01/2025 | 288,000 | 285,562 | |
6.25%, 05/15/2026 | 251,000 | 239,748 | |
8.00%, 01/15/2027 | 391,000 | 385,157 | |
Global Partners L.P./GLP Finance Corp., 7.00%, 08/01/2027 | 978,000 | 956,866 | |
Group 1 Automotive, Inc., 4.00%, 08/15/2028(b) | 1,434,000 | 1,271,304 | |
Hess Midstream Operations L.P., 5.63%, 02/15/2026(b) | 933,000 | 919,845 | |
Hilcorp Energy I L.P./Hilcorp Finance Co., | |||
6.00%, 04/15/2030(b) | 626,000 | 579,196 | |
6.00%, 02/01/2031(b) | 168,000 | 152,769 | |
6.25%, 04/15/2032(b) | 165,000 | 150,121 | |
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/2027 | 91,000 | 88,015 | |
Howard Midstream Energy Partners LLC, | |||
6.75%, 01/15/2027(b) | 812,000 | 784,014 | |
8.88%, 07/15/2028(b) | 472,000 | 483,092 | |
Icahn Enterprises L.P./Icahn Enterprises Finance Corp., 4.38%, 02/01/2029(g) | 1,110,000 | 901,573 | |
Jabil, Inc., 3.00%, 01/15/2031 | 3,700,000 | 3,145,167 | |
Jane Street Group/JSG Finance, Inc., 4.50%, 11/15/2029(b) | 778,000 | 683,297 | |
JBS USA LUX S.A./JBS USA Food Co./JBS USA Finance, Inc., 5.13%, 02/01/2028(b) | 2,579,000 | 2,505,287 | |
Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%, 08/15/2028(b) | 723,000 | 618,481 | |
Jefferies Financial Group, Inc., 6.50%, 07/31/2026 | 3,500,000 | 3,501,907 | |
JPMorgan Chase & Co., Series FF, 5.00%(c)(d) | 252,000 | 246,551 | |
L3Harris Technologies, Inc., 5.40%, 01/15/2027 | 2,917,000 | 2,926,197 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United States–(continued) | |||
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp., 4.75%, 06/15/2029(b) | $757,000 | $638,922 | |
Lamar Media Corp., | |||
4.88%, 01/15/2029(g) | 1,861,000 | 1,737,057 | |
4.00%, 02/15/2030 | 673,000 | 593,167 | |
LCM Investments Holdings II LLC, | |||
4.88%, 05/01/2029(b) | 1,386,000 | 1,210,520 | |
8.25%, 08/01/2031(b) | 341,000 | 346,712 | |
Level 3 Financing, Inc., | |||
3.75%, 07/15/2029(b) | 1,403,000 | 921,260 | |
10.50%, 05/15/2030(b) | 107,000 | 110,964 | |
Lithia Motors, Inc., 3.88%, 06/01/2029(b)(g) | 1,438,000 | 1,239,785 | |
Match Group Holdings II LLC, 4.63%, 06/01/2028(b) | 1,172,000 | 1,082,202 | |
Mativ Holdings, Inc., 6.88%, 10/01/2026(b) | 4,554,000 | 3,971,038 | |
Mattel, Inc., 6.20%, 10/01/2040 | 1,775,000 | 1,664,411 | |
Medline Borrower L.P., 3.88%, 04/01/2029(b) | 762,000 | 667,948 | |
Moss Creek Resources Holdings, Inc., 10.50%, 05/15/2027(b) | 389,000 | 380,832 | |
MPT Operating Partnership L.P./MPT Finance Corp., 3.50%, 03/15/2031 | 1,786,000 | 1,290,808 | |
Navient Corp., 6.13%, 03/25/2024 | 646,000 | 644,195 | |
NCL Corp. Ltd., 5.88%, 02/15/2027(b) | 1,342,000 | 1,308,084 | |
NCR Corp., 5.75%, 09/01/2027(b) | 663,000 | 667,771 | |
NESCO Holdings II, Inc., 5.50%, 04/15/2029(b) | 681,000 | 620,051 | |
New Fortress Energy, Inc., 6.50%, 09/30/2026(b) | 703,000 | 645,925 | |
NMG Holding Co., Inc./Neiman Marcus Group LLC, 7.13%, 04/01/2026(b) | 420,000 | 393,031 | |
Novelis Corp., 3.25%, 11/15/2026(b) | 1,002,000 | 911,793 | |
NRG Energy, Inc., 4.45%, 06/15/2029(b) | 768,000 | 683,666 | |
OneMain Finance Corp., | |||
6.88%, 03/15/2025 | 871,000 | 868,900 | |
7.13%, 03/15/2026 | 735,000 | 728,796 | |
3.88%, 09/15/2028 | 456,000 | 374,923 |
Principal Amount | Value | ||
United States–(continued) | |||
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer LLC, 4.00%, 10/15/2027(b)(g) | $685,000 | $617,558 | |
Penske Truck Leasing Co. L.P./PTL Finance Corp., 6.05%, 08/01/2028(b) | 7,000,000 | 7,024,542 | |
Pfizer Investment Enterprises Pte. Ltd., 5.30%, 05/19/2053 | 95,000 | 97,689 | |
Plains All American Pipeline L.P./PAA Finance Corp., 3.80%, 09/15/2030 | 2,220,000 | 1,989,972 | |
PNC Financial Services Group, Inc. (The), Series W, 6.25%(c)(d) | 264,000 | 242,067 | |
Prestige Brands, Inc., 3.75%, 04/01/2031(b) | 748,000 | 628,993 | |
Rockies Express Pipeline LLC, | |||
4.95%, 07/15/2029(b) | 328,000 | 301,537 | |
4.80%, 05/15/2030(b) | 612,000 | 543,701 | |
6.88%, 04/15/2040(b) | 621,000 | 562,564 | |
Roller Bearing Co. of America, Inc., 4.38%, 10/15/2029(b)(g) | 706,000 | 630,105 | |
Royal Caribbean Cruises Ltd., 4.25%, 07/01/2026(b) | 922,000 | 857,831 | |
RR Donnelley & Sons Co., 8.25%, 07/01/2027 | 447,000 | 456,919 | |
SBA Communications Corp., 3.88%, 02/15/2027 | 688,000 | 634,454 | |
Scientific Games Holdings L.P./Scientific Games US FinCo, Inc., 6.63%, 03/01/2030(b) | 702,000 | 622,744 | |
Seagate HDD Cayman, | |||
4.13%, 01/15/2031 | 1,069,000 | 881,925 | |
9.63%, 12/01/2032(b) | 1,512,800 | 1,676,233 | |
Sempra, 4.13%, 04/01/2052(c) | 10,650,000 | 8,761,826 | |
Sensata Technologies B.V., | |||
5.00%, 10/01/2025(b) | 654,000 | 638,131 | |
4.00%, 04/15/2029(b) | 182,000 | 160,992 | |
Sensata Technologies, Inc., 3.75%, 02/15/2031(b)(g) | 718,000 | 607,090 | |
Service Properties Trust, | |||
5.50%, 12/15/2027 | 1,589,000 | 1,396,285 | |
4.38%, 02/15/2030 | 1,106,000 | 823,902 | |
Sirius XM Radio, Inc., 3.88%, 09/01/2031(b)(g) | 396,000 | 310,407 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United States–(continued) | |||
Southern Co. (The), | |||
Series B, 4.00%, 01/15/2051(c) | $8,100,000 | $7,595,760 | |
Series 21-A, 3.75%, 09/15/2051(c)(g) | 5,624,000 | 4,865,388 | |
SS&C Technologies, Inc., 5.50%, 09/30/2027(b) | 643,000 | 621,775 | |
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., 9.00%, 10/15/2026(b)(i) | 635,000 | 624,632 | |
SunCoke Energy, Inc., 4.88%, 06/30/2029(b) | 875,000 | 754,404 | |
Syneos Health, Inc., 3.63%, 01/15/2029(b) | 186,000 | 184,313 | |
Talen Energy Supply LLC, 8.63%, 06/01/2030(b) | 605,000 | 628,559 | |
Tenet Healthcare Corp., 4.88%, 01/01/2026 | 1,613,000 | 1,562,739 | |
TransDigm, Inc., | |||
6.25%, 03/15/2026(b) | 1,238,000 | 1,232,449 | |
6.75%, 08/15/2028(b) | 295,000 | 296,249 | |
Transocean Titan Financing Ltd., 8.38%, 02/01/2028(b) | 640,000 | 661,462 | |
Transocean, Inc., 8.75%, 02/15/2030(b) | 566,000 | 588,148 | |
U.S. International Development Finance Corp., Series 4, 3.13%, 04/15/2028 | 1,120,000 | 1,044,131 | |
United Airlines, Inc., 4.38%, 04/15/2026(b) | 3,600,000 | 3,412,288 | |
United Natural Foods, Inc., 6.75%, 10/15/2028(b) | 755,000 | 629,685 | |
Valaris Ltd., 8.38%, 04/30/2030(b)(g) | 606,000 | 620,605 | |
Venture Global LNG, Inc., 8.13%, 06/01/2028(b)(g) | 861,000 | 875,909 | |
Viatris, Inc., 3.85%, 06/22/2040 | 2,220,000 | 1,580,024 | |
Victoria’s Secret & Co., 4.63%, 07/15/2029(b) | 435,000 | 326,913 | |
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/2029(b) | 1,451,000 | 1,351,070 |
Principal Amount | Value | |||
United States–(continued) | ||||
Vistra Operations Co. LLC, | ||||
5.13%, 05/13/2025(b) | $213,000 | $208,149 | ||
5.50%, 09/01/2026(b) | 168,000 | 162,621 | ||
5.63%, 02/15/2027(b) | 300,000 | 290,403 | ||
5.00%, 07/31/2027(b) | 632,000 | 596,080 | ||
4.38%, 05/01/2029(b)(g) | 708,000 | 625,714 | ||
Vital Energy, Inc., 9.50%, 01/15/2025 | 642,000 | 639,599 | ||
VOC Escrow Ltd., 5.00%, 02/15/2028(b) | 345,000 | 320,870 | ||
Yum! Brands, Inc., 5.38%, 04/01/2032(g) | 990,000 | 938,064 | ||
224,318,988 | ||||
Zambia–0.23% | ||||
First Quantum Minerals Ltd., | ||||
6.88%, 10/15/2027(b) | 3,500,000 | 3,445,785 | ||
8.63%, 06/01/2031(b) | 443,000 | 454,075 | ||
3,899,860 | ||||
Total U.S. Dollar Denominated Bonds & Notes (Cost $506,942,310) | 460,857,610 | |||
Asset-Backed Securities–9.52% | ||||
Bear Stearns Adjustable Rate Mortgage Trust, Series 2006-1, Class A1, 0.65% (1 yr. U.S. Treasury Yield Curve Rate + 2.25%), 02/25/2036(j) | 10,783 | 10,435 | ||
Benchmark Mortgage Trust, Series 2018-B1, Class XA, IO, 0.54%, 01/15/2051(k) | 9,433,163 | 179,038 | ||
CarMax Auto Owner Trust, Series 2019-3, Class D, 2.85%, 01/15/2026 | 2,285,000 | 2,273,983 | ||
CD Mortgage Trust, Series 2017-CD6, Class XA, IO, 0.87%, 11/13/2050(k) | 4,705,140 | 114,214 | ||
Citigroup Commercial Mortgage Trust, Series 2017-C4, Class XA, IO, 1.03%, 10/12/2050(k) | 12,906,273 | 391,776 | ||
Citigroup Mortgage Loan Trust, Series 2006-AR1, Class 1A1, 7.11% (1 yr. U.S. Treasury Yield Curve Rate + 2.40%), 10/25/2035(j) | 91,861 | 89,724 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
Citigroup Mortgage Loan Trust, Inc., Series 2005-2, Class 1A3, 2.82%, 05/25/2035(e) | $450,235 | $431,678 | |
COMM Mortgage Trust, | |||
Series 2014-UBS6, Class AM, 4.05%, 12/10/2047 | 4,690,000 | 4,322,554 | |
Series 2014-CR21, Class AM, 3.99%, 12/10/2047 | 70,000 | 66,939 | |
Countrywide Home Loans Mortgage Pass-Through Trust, | |||
Series 2005-17, Class 1A8, 5.50%, 09/25/2035 | 307,456 | 278,951 | |
Series 2005-J4, Class A7, 5.50%, 11/25/2035 | 467,295 | 382,714 | |
CWHEQ Revolving Home Equity Loan Trust, | |||
Series 2005-G, Class 2A, 5.57% (1 mo. Term SOFR + 0.34%), 12/15/2035(j) | 2,246 | 2,239 | |
Series 2006-H, Class 2A1A, 5.13% (1 mo. Term SOFR + 0.26%), 11/15/2036(j) | 20,252 | 17,330 | |
DT Auto Owner Trust, | |||
Series 2019-2A, Class D, 3.48%, 02/18/2025(b) | 23,309 | 23,283 | |
Series 2019-4A, Class D, 2.85%, 07/15/2025(b) | 3,126,224 | 3,093,551 | |
Exeter Automobile Receivables Trust, | |||
Series 2019-1A, Class D, 4.13%, 12/16/2024(b) | 156,615 | 156,472 | |
Series 2019-4A, Class D, 2.58%, 09/15/2025(b) | 2,928,214 | 2,885,597 | |
FREMF Mortgage Trust, | |||
Series 2017-K62, Class B, 3.88%, 01/25/2050(b)(e) | 840,000 | 785,938 | |
Series 2016-K54, Class C, 4.05%, 04/25/2048(b)(e) | 4,190,000 | 3,979,485 | |
GSR Mortgage Loan Trust, Series 2005-AR4, Class 6A1, 4.75%, 07/25/2035(e) | 51,347 | 48,252 | |
ILPT Commercial Mortgage Trust, Series 2022-LPF2, Class B, 7.97% (1 mo. Term SOFR + 2.74%), 10/15/2039(b)(j) | 2,100,000 | 2,100,542 |
Principal Amount | Value | ||
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class AS, 3.22%, 04/15/2046 | $209,937 | $198,692 | |
JP Morgan Mortgage Trust, Series 2007-A1, Class 5A1, 4.07%, 07/25/2035(e) | 40,124 | 39,467 | |
JPMBB Commercial Mortgage Securities Trust, Series 2014-C24, Class B, 4.12%, 11/15/2047(e) | 1,655,000 | 1,379,463 | |
Lehman Structured Securities Corp., Series 2002-GE1, Class A, 0.00%, 07/26/2024(b)(e) | 14,112 | 661 | |
MASTR Asset Backed Securities Trust, Series 2006-WMC3, Class A3, 5.61% (1 mo. Term SOFR + 0.31%), 08/25/2036(j) | 2,923,738 | 1,065,523 | |
Morgan Stanley Bank of America Merrill Lynch Trust, | |||
Series 2013-C9, Class AS, 3.46%, 05/15/2046 | 301,179 | 293,569 | |
Series 2014-C14, Class B, 4.87%, 02/15/2047(e) | 680,000 | 667,879 | |
Morgan Stanley Capital I Trust, Series 2017-HR2, Class XA, IO, 0.85%, 12/15/2050(k) | 3,995,137 | 122,545 | |
Morgan Stanley Re-REMIC Trust, Series 2012-R3, Class 1B, 6.00%, 11/26/2036(b)(e) | 5,788,188 | 4,651,445 | |
OBX Trust, | |||
Series 2022-NQM7, Class A3, 5.70%, 08/25/2062(b)(i) | 822,315 | 793,704 | |
Series 2022-NQM7, Class A2, 5.70%, 08/25/2062(b)(i) | 1,581,375 | 1,538,416 | |
Residential Accredit Loans, Inc. Trust, Series 2006-QS13, Class 1A8, 6.00%, 09/25/2036 | 22,317 | 16,816 | |
UBS Commercial Mortgage Trust, Series 2017-C5, Class XA, IO, 1.07%, 11/15/2050(k) | 7,556,790 | 216,538 | |
Vendee Mortgage Trust, | |||
Series 1995-2B, Class 2, IO, 0.79%, 06/15/2025(l) | 47,982 | 266 | |
Series 1995-3, Class 1, IO, 0.00%, 09/15/2025(k) | 1,022,974 | 1 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
Verus Securitization Trust, Series 2022-7, Class A3, 5.35%, 07/25/2067(b)(e) | $1,106,049 | $1,066,411 | |
WaMu Mortgage Pass-Through Ctfs. Trust, Series 2003-AR10, Class A7, 4.23%, 10/25/2033(e) | 29,046 | 27,622 | |
Wells Fargo Commercial Mortgage Trust, Series 2017-C42, Class XA, IO, 0.86%, 12/15/2050(k) | 6,297,699 | 190,590 | |
WFRBS Commercial Mortgage Trust, | |||
Series 2013-C14, Class AS, 3.49%, 06/15/2046 | 618,590 | 580,339 | |
Series 2014-LC14, Class AS, 4.35%, 03/15/2047(e) | 1,135,000 | 1,114,748 | |
Series 2014-C20, Class AS, 4.18%, 05/15/2047 | 1,455,000 | 1,411,906 | |
Alba PLC, | |||
Series 2007-1, Class F, 8.27% (SONIA + 3.37%), 03/17/2039(a)(b)(j) | GBP | 1,944,912 | 2,361,745 |
Series 2007-1, Class E, 6.22% (SONIA + 1.32%), 03/17/2039(a)(b)(j) | GBP | 5,073,684 | 5,692,350 |
Series 2006-2, Class F, 8.25% (SONIA + 3.37%), 12/15/2038(a)(b)(j) | GBP | 1,228,968 | 1,471,897 |
Eurohome UK Mortgages PLC, | |||
Series 2007-1, Class B1, 5.89% (3 mo. GBP LIBOR + 0.90%), 06/15/2044(a)(b)(j) | GBP | 2,006,000 | 2,155,902 |
Series 2007-2, Class B1, 6.40% (SONIA + 1.52%), 09/15/2044(a)(b)(j) | GBP | 2,243,000 | 2,266,149 |
Principal Amount | Value | ||
Eurosail PLC, | |||
Series 2006-2X, Class E1C, 8.25% (SONIA + 3.37%), 12/15/2044(a)(b)(j) | GBP | 5,550,000 | $6,188,611 |
Series 2006-4X, Class E1C, 7.98% (SONIA + 3.12%), 12/10/2044(a)(b)(j) | GBP | 4,135,722 | 4,894,149 |
Series 2007-2X, Class D1A, 4.27% (3 mo. EURIBOR + 0.80%), 03/13/2045(a)(b)(j) | EUR | 3,500,000 | 3,319,625 |
Series 2006-2X, Class D1A, 4.33% (3 mo. EURIBOR + 0.80%), 12/15/2044(a)(b)(j) | EUR | 6,300,000 | 5,857,249 |
Series 2007-2X, Class D1C, 5.79% (SONIA + 0.92%), 03/13/2045(a)(b)(j) | GBP | 4,900,000 | 5,481,923 |
Eurosail-UK NC PLC, Series 2007-1X, Class D1C, 5.88% (SONIA + 1.01%), 03/13/2045(a)(b)(j) | GBP | 1,750,000 | 1,919,358 |
Great Hall Mortgages No. 1 PLC, Series 2007-2X, Class EB, 7.32% (3 mo. EURIBOR + 3.75%), 06/18/2039(a)(b)(j) | EUR | 4,570,000 | 4,800,217 |
Jupiter Mortgage No.1 PLC, Series E, 7.46% (SONIA + 2.50%), 07/20/2060(a)(b)(j) | GBP | 3,500,000 | 4,469,583 |
Ludgate Funding PLC, Series 2007-1, Class MA, 5.67% (3 mo. GBP LIBOR + 0.24%), 01/01/2061(a)(b)(j) | GBP | 2,681,497 | 3,103,878 |
Newday Funding Master Issuer PLC, | |||
Series 2021-1X, Class E, 8.99% (SONIA + 4.05%), 03/15/2029(a)(b)(j) | GBP | 8,043,000 | 10,179,743 |
Series 2021-3X, Class E, 9.29% (SONIA + 4.35%), 11/15/2029(a)(b)(j) | GBP | 3,700,000 | 4,705,316 |
Series 2021-3X, Class D, 7.29% (SONIA + 2.35%), 11/15/2029(a)(b)(j) | GBP | 5,075,000 | 6,348,708 |
Stratton Mortgage Funding PLC, Series 2021-1, Class E, 7.69% (SONIA + 2.75%), 09/25/2051(a)(b)(j) | GBP | 2,220,000 | 2,800,893 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
Towd Point Mortgage Funding 2019 - Granite4 PLC, | |||
Series 2019-GR4X, Class FR, 7.01% (SONIA + 2.05%), 10/20/2051(a)(b)(j) | GBP | 2,130,000 | $2,682,805 |
Series 2019-GR4X, Class GR, 7.46% (SONIA + 2.50%), 10/20/2051(a)(b)(j) | GBP | 1,775,000 | 2,231,922 |
Prosil Acquisition S.A., Series 2019-1, Class A, 5.71% (3 mo. EURIBOR + 2.00%), 10/31/2039(a)(b)(j) | EUR | 4,214,978 | 4,203,485 |
SC Germany S.A. Compartment Consumer, Series 2021-1, Class E, 6.26% (1 mo. EURIBOR + 2.80%), 11/14/2035(a)(b)(j) | EUR | 7,847,512 | 8,282,915 |
Alhambra SME Funding DAC, Series 2019-1, Class D, 12.82% (1 mo. EURIBOR + 9.25%), 11/30/2028(a)(b)(j) | EUR | 424,276 | 370,402 |
Lusitano Mortgages No. 5 PLC, Class D, 4.62% (3 mo. EURIBOR + 0.96%), 07/15/2059(a)(b)(j) | EUR | 1,879,045 | 1,638,564 |
Futura S.r.l., Series 2019-1, Class A, 5.94% (6 mo. EURIBOR + 3.00%), 07/31/2044(a)(b)(j) | EUR | 2,789,504 | 3,048,119 |
Taurus, Series 2018-IT1, Class A, 4.38% (3 mo. EURIBOR + 2.78%), 05/18/2032(a)(j) | EUR | 4,620,570 | 4,930,383 |
Fideicomiso Dorrego Y Libertador, | |||
2.00%, 12/31/2043(e)(m) | $7,698,968 | 7,314,020 | |
0.00%, 12/31/2043(a)(e)(m) | ARS | 83,227,881 | 287,228 |
Fideicomiso Financiero Invernea Proteina 2, Serie II, 0.00%, 08/25/2032(a)(e)(m) | ARS | 311,500,000 | 2,187,378 |
SC Germany Consumer UG, Series 2018-1, Class D, 3.25%, 12/13/2031(a)(b) | EUR | 7,200,000 | 7,902,034 |
Total Asset-Backed Securities (Cost $167,293,838) | 160,107,847 | ||
U.S. Government Sponsored Agency Mortgage-Backed Securities–6.26% | |||
Fannie Mae Grantor Trust, | |||
IO, 0.63%, 11/25/2040(k) | 1,935,190 | 8,662 | |
0.38%, 12/25/2041(k) | 12,013,710 | 126,811 |
Principal Amount | Value | ||
Fannie Mae Interest STRIPS, | |||
IO, 7.50%, 10/25/2023 - 11/25/2029(l) | $37,336 | $5,601 | |
6.50%, 04/25/2029 - 07/25/2032(l) | 782,244 | 109,982 | |
6.00%, 12/25/2032 - 08/25/2035(l) | 1,010,722 | 148,632 | |
5.50%, 11/25/2033 - 06/25/2035(l) | 844,793 | 132,601 | |
Fannie Mae REMICs, | |||
IO, 2.42% (7.60% - (30 Day Average SOFR + 0.11%)), 06/25/2026(j)(l) | 43,266 | 1,283 | |
2.72%, 11/18/2031 - 12/18/2031(j)(l) | 111,589 | 9,173 | |
2.72% (7.90% - (30 Day Average SOFR + 0.11%)), 11/25/2031(j)(l) | 2,121 | 189 | |
2.77% (7.95% - (30 Day Average SOFR + 0.11%)), 01/25/2032(j)(l) | 25,448 | 2,053 | |
2.82% (8.00% - (30 Day Average SOFR + 0.11%)), 03/18/2032(j)(l) | 50,671 | 4,395 | |
2.92%, 03/25/2032 - 04/25/2032(j)(l) | 72,714 | 6,964 | |
1.82% (7.00% - (30 Day Average SOFR + 0.11%)), 04/25/2032(j)(l) | 32,568 | 1,995 | |
2.62% (7.80% - (30 Day Average SOFR + 0.11%)), 04/25/2032(j)(l) | 22,903 | 2,172 | |
2.82%, 07/25/2032 - 09/25/2032(j)(l) | 104,255 | 10,659 | |
2.92%, 12/18/2032(j)(l) | 84,628 | 6,236 | |
3.02% (8.20% - (30 Day Average SOFR + 0.11%)), 01/25/2033(j)(l) | 297,768 | 27,602 | |
3.07%, 02/25/2033 - 05/25/2033(j)(l) | 172,630 | 21,384 | |
7.00%, 03/25/2033 - 04/25/2033(l) | 403,710 | 55,876 | |
2.37% (7.55% - (30 Day Average SOFR + 0.11%)), 10/25/2033(j)(l) | 135,525 | 12,814 | |
0.87%, 03/25/2035 - 07/25/2038(j)(l) | 118,157 | 5,081 | |
1.57%, 03/25/2035 - 05/25/2035(j)(l) | 186,514 | 5,206 | |
1.42% (6.60% - (30 Day Average SOFR + 0.11%)), 05/25/2035(j)(l) | 267,211 | 12,986 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
1.52% (6.70% - (30 Day Average SOFR + 0.11%)), 05/25/2035(j)(l) | $497,757 | $31,334 | |
2.05% (7.23% - (30 Day Average SOFR + 0.11%)), 09/25/2036(j)(l) | 530,075 | 19,993 | |
1.36% (6.54% - (30 Day Average SOFR + 0.11%)), 06/25/2037(j)(l) | 778,060 | 49,366 | |
4.00%, 04/25/2041(l) | 774,961 | 81,154 | |
1.37% (6.55% - (30 Day Average SOFR + 0.11%)), 10/25/2041(j)(l) | 130,611 | 8,981 | |
0.97% (6.15% - (30 Day Average SOFR + 0.11%)), 12/25/2042(j)(l) | 352,299 | 33,697 | |
7.00%, 07/25/2026 | 4,753 | 4,726 | |
4.00%, 08/25/2026 - 03/25/2041 | 71,701 | 66,821 | |
6.50%, 10/25/2028 - 04/25/2029 | 60,128 | 60,478 | |
6.00%, 05/25/2031 - 01/25/2032 | 111,050 | 111,248 | |
6.18%, 04/25/2032 - 12/25/2032(j) | 88,576 | 89,778 | |
5.68% (30 Day Average SOFR + 0.61%), 10/18/2032(j) | 33,956 | 33,836 | |
5.68% (30 Day Average SOFR + 0.61%), 12/25/2032(j) | 57,114 | 54,883 | |
5.58% (30 Day Average SOFR + 0.51%), 11/25/2033(j) | 31,274 | 31,156 | |
5.56% (24.57% - (3.67 x (30 Day Average SOFR + 0.11%))), 03/25/2036(j) | 128,506 | 145,731 | |
5.19% (24.20% - (3.67 x (30 Day Average SOFR + 0.11%))), 06/25/2036(j) | 124,913 | 135,461 | |
6.12% (30 Day Average SOFR + 1.05%), 06/25/2037(j) | 63,032 | 63,417 | |
Federal Home Loan Mortgage Corp., | |||
8.50%, 08/01/2031 | 18,853 | 19,537 | |
5.00%, 09/01/2052 - 03/01/2053 | 33,540,330 | 32,837,771 | |
4.50%, 10/01/2052 | 16,442,730 | 15,848,894 |
Principal Amount | Value | ||
Federal National Mortgage Association, | |||
7.50%, 03/01/2033 | $12,547 | $12,871 | |
7.00%, 12/01/2033 | 10,807 | 11,015 | |
5.50%, 02/01/2035 - 03/01/2053 | 34,108,115 | 33,925,185 | |
4.50%, 07/01/2052 | 18,698,130 | 17,952,768 | |
Freddie Mac Multifamily Structured Pass-Through Ctfs., | |||
Series K734, Class X1, IO, 0.65%, 02/25/2026(k) | 3,967,636 | 48,821 | |
Series K735, Class X1, IO, 1.10%, 05/25/2026(k) | 6,645,240 | 139,923 | |
Series K093, Class X1, IO, 0.95%, 05/25/2029(k) | 45,418,053 | 1,971,611 | |
Freddie Mac REMICs, | |||
5.00%, 09/15/2023 | 358 | 357 | |
6.75%, 02/15/2024 | 498 | 496 | |
6.50%, 02/15/2028 - 06/15/2032 | 57,926 | 58,850 | |
5.64% (30 Day Average SOFR + 0.56%), 02/15/2029(j) | 5,120 | 5,103 | |
5.84% (30 Day Average SOFR + 0.76%), 07/15/2029(j) | 7,885 | 7,893 | |
6.19%, 02/15/2032 - 03/15/2032(j) | 179,608 | 181,057 | |
3.50%, 05/15/2032 | 55,450 | 52,407 | |
5.69% (30 Day Average SOFR + 0.61%), 01/15/2033(j) | 5,215 | 5,208 | |
5.71% (24.75% - (3.67 x (30 Day Average SOFR + 0.11%))), 08/15/2035(j) | 94,610 | 108,687 | |
4.00%, 06/15/2038 | 54,616 | 51,174 | |
3.00%, 05/15/2040 | 723 | 707 | |
IO, 0.81%, 03/15/2024 - 04/15/2038(j)(l) | 72,851 | 3,593 | |
7.00%, 03/15/2028 - 04/15/2028(l) | 26,850 | 2,732 | |
3.55%, 07/17/2028(j)(l) | 3,268 | 27 | |
2.91% (8.10% - (30 Day Average SOFR + 0.11%)), 06/15/2029(j)(l) | 41,063 | 2,201 | |
3.76% (8.95% - (30 Day Average SOFR + 0.11%)), 08/15/2029(j)(l) | 16,568 | 743 | |
1.86% (7.05% - (30 Day Average SOFR + 0.11%)), 10/15/2033(j)(l) | 197,354 | 10,768 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | |||
1.51% (6.70% - (30 Day Average SOFR + 0.11%)), 01/15/2035(j)(l) | $368,753 | $16,070 | ||
1.56% (6.75% - (30 Day Average SOFR + 0.11%)), 02/15/2035(j)(l) | 20,954 | 974 | ||
1.53%, 05/15/2035(j)(l) | 566,472 | 33,108 | ||
0.96% (6.15% - (30 Day Average SOFR + 0.11%)), 07/15/2035(j)(l) | 349,514 | 11,477 | ||
1.81% (7.00% - (30 Day Average SOFR + 0.11%)), 12/15/2037(j)(l) | 105,402 | 9,242 | ||
0.88% (6.07% - (30 Day Average SOFR + 0.11%)), 05/15/2038(j)(l) | 203,308 | 14,175 | ||
1.06% (6.25% - (30 Day Average SOFR + 0.11%)), 12/15/2039(j)(l) | 98,842 | 5,841 | ||
Freddie Mac STRIPS, | ||||
IO, 7.00%, 04/01/2027 - 04/01/2030(l) | 137,947 | 16,671 | ||
6.50%, 02/01/2028 - 06/01/2031(l) | 33,564 | 4,453 | ||
7.50%, 12/15/2029(l) | 41,428 | 5,809 | ||
6.00%, 12/15/2032(l) | 77,376 | 9,420 | ||
Government National Mortgage Association, | ||||
ARM, 2.63% (1 yr. U.S. Treasury Yield Curve Rate + 1.50%), 07/20/2027(j) | 589 | 571 | ||
7.00%, 01/15/2028 - 01/20/2030 | 85,334 | 85,564 | ||
8.00%, 01/15/2028 - 09/15/2028 | 52,493 | 53,012 | ||
IO, 1.21% (6.55% - (1 mo. Term SOFR + 0.11%)), 04/16/2037(j)(l) | 379,921 | 22,790 | ||
1.31% (6.65% - (1 mo. Term SOFR + 0.11%)), 04/16/2041(j)(l) | 641,044 | 31,412 | ||
Total U.S. Government Sponsored Agency Mortgage-Backed Securities (Cost $109,915,645) | 105,321,405 | |||
U.S. Treasury Securities–4.41% | ||||
U.S. Treasury Inflation — Indexed Notes–4.41% | ||||
1.25%, 04/15/2028(n) | 57,591,325 | 55,982,920 | ||
0.63%, 07/15/2032(n) | 18,549,536 | 18,155,721 | ||
Total U.S. Treasury Securities (Cost $76,140,861) | 74,138,641 |
Principal Amount | Value | ||
Agency Credit Risk Transfer Notes–3.02% | |||
United States–3.02% | |||
Fannie Mae Connecticut Avenue Securities, | |||
Series 2018-R07, Class 1M2, 7.58% (30 Day Average SOFR + 2.51%), 04/25/2031(b)(j) | $184,411 | $184,992 | |
Series 2019-R02, Class 1M2, 7.48% (30 Day Average SOFR + 2.41%), 08/25/2031(b)(j) | 4,032 | 4,032 | |
Series 2019-R03, Class 1M2, 7.33% (30 Day Average SOFR + 2.26%), 09/25/2031(b)(j) | 36,162 | 36,163 | |
Series 2022-R04, Class 1M2, 8.17% (30 Day Average SOFR + 3.10%), 03/25/2042(b)(j) | 1,795,000 | 1,829,551 | |
Series 2022-R08, Class 1M2, 8.67% (30 Day Average SOFR + 3.60%), 07/25/2042(b)(j) | 3,150,000 | 3,261,244 | |
Series 2023-R02, Class 1M1, 7.37% (30 Day Average SOFR + 2.30%), 01/25/2043(b)(j) | 1,254,410 | 1,273,876 | |
Series 2023-R03, Class 2M1, 7.57% (30 Day Average SOFR + 2.50%), 04/25/2043(b)(j) | 2,646,370 | 2,685,954 | |
Series 2023-R04, Class 1M1, 7.37% (30 Day Average SOFR + 2.30%), 05/25/2043(b)(j) | 2,719,890 | 2,761,441 | |
Series 2023-R06, Class 1M1, 6.77% (30 Day Average SOFR + 1.70%), 07/25/2043(b)(j) | 1,490,000 | 1,497,450 | |
Series 2023-R06, Class 1M2, 7.77% (30 Day Average SOFR + 2.70%), 07/25/2043(b)(j) | 1,145,000 | 1,155,556 | |
Series 2023-R06, Class 1B1, 8.97% (30 Day Average SOFR + 3.90%), 07/25/2043(b)(j) | 1,310,000 | 1,332,106 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | |||
United States–(continued) | ||||
Freddie Mac, | ||||
Series 2022-DNA2, Class M1B, STACR®, 7.47% (30 Day Average SOFR + 2.40%), 02/25/2042(b)(j) | $3,500,000 | $3,512,317 | ||
Series 2022-DNA3, Class M1B, STACR®, 7.97% (30 Day Average SOFR + 2.90%), 04/25/2042(b)(j) | 7,000,000 | 7,129,288 | ||
Series 2022-DNA3, Class M1A, STACR®, 7.07% (30 Day Average SOFR + 2.00%), 04/25/2042(b)(j) | 4,587,576 | 4,605,254 | ||
Series 2022-HQA2, Class M1, STACR®, 9.07% (30 Day Average SOFR + 4.00%), 07/25/2042(b)(j) | 3,500,000 | 3,674,872 | ||
Series 2022-HQA3, Class M1, STACR®, 8.62% (30 Day Average SOFR + 3.55%), 08/25/2042(b)(j) | 3,500,000 | 3,608,334 | ||
Series 2022-HQA3, Class M2, STACR®, 10.42% (30 Day Average SOFR + 5.35%), 08/25/2042(b)(j) | 3,745,000 | 4,003,893 | ||
Series 2023-DNA1, Class M1, STACR®, 7.17% (30 Day Average SOFR + 2.10%), 03/25/2043(b)(j) | 2,589,592 | 2,620,544 | ||
Series 2023-HQA2, Class M1, STACR®, 7.07% (30 Day Average SOFR + 2.00%), 06/25/2043(b)(j) | 2,652,206 | 2,672,179 | ||
Series 2023-HQA2, Class M1, STACR®, 8.42% (30 Day Average SOFR + 3.35%), 06/25/2043(b)(j) | 2,100,000 | 2,152,489 | ||
Series 2023-HQA2, Class M2, STACR®, 8.92% (30 Day Average SOFR + 3.85%), 06/25/2043(b)(j) | 700,000 | 725,953 | ||
Total Agency Credit Risk Transfer Notes (Cost $49,758,931) | 50,727,488 | |||
Shares | ||||
Common Stocks & Other Equity Interests–1.76% | ||||
Argentina–1.74% | ||||
Banco BBVA Argentina S.A. | 200,000 | 754,883 |
Shares | Value | ||
Argentina–(continued) | |||
Banco Macro S.A., Class B | 140,000 | $770,504 | |
Grupo Financiero Galicia S.A., Class B | 1,115,000 | 3,787,220 | |
Pampa Energia S.A.(o) | 900,000 | 3,027,687 | |
YPF S.A., Class D(o) | 700,000 | 20,902,771 | |
29,243,065 | |||
United States–0.02% | |||
ACNR Holdings, Inc. | 2,129 | 189,215 | |
Claire’s Holdings LLC, Class S | 614 | 234,088 | |
McDermott International Ltd., Series A, Wts., expiring 06/30/2027(m)(o) | 76,715 | 2,301 | |
McDermott International Ltd., Series B, Wts., expiring 06/30/2027(m)(o) | 85,239 | 2,557 | |
McDermott International Ltd., Wts., expiring 12/31/2049(m) | 55,393 | 9,472 | |
McDermott International, Inc.(o) | 38,319 | 6,897 | |
Party City Holdco, Inc.(o) | 10,188 | 714 | |
Sabine Oil & Gas Holdings, Inc.(m)(o) | 2,510 | 477 | |
Tenerity LLC, Wts., expiring 04/10/2024(m) | 2,297 | 0 | |
Windstream Services LLC, Wts. | 399 | 4,256 | |
449,977 | |||
Total Common Stocks & Other Equity Interests (Cost $24,048,976) | 29,693,042 | ||
Principal Amount | |||
Variable Rate Senior Loan Interests–0.47%(p)(q) | |||
Canada–0.04% | |||
GFL Environmental, Inc., Term Loan (1 mo. Term SOFR + 3.00%), 05/31/2027 | $634,000 | 635,693 | |
United States–0.43% | |||
Carnival Corp., Incremental Term Loan, 8.68% (6 mo. USD LIBOR + 3.25%), 10/18/2028 | 242,423 | 242,045 | |
Claire’s Stores, Inc., Term Loan, 11.92% (3 mo. USD LIBOR + 6.50%), 12/18/2026 | 184,316 | 168,074 | |
Clear Channel Outdoor Holdings, Inc., Term Loan B, 9.13% (3 mo. Term SOFR + 3.50%), 08/21/2026 | 932,338 | 905,533 | |
Dun & Bradstreet Corp. (The), Term Loan, 8.42% (1 mo. USD LIBOR + 3.25%), 02/06/2026 | 981,679 | 982,798 | |
Endo Luxembourg Finance Co. I S.a.r.l., Term Loan, 14.50% (1 mo. USD LIBOR + 4.00%), 03/27/2028 | 1,352,875 | 1,010,144 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Principal Amount | Value | ||
United States–(continued) | |||
IRB Holding Corp., Term Loan, 8.42% (1 mo. Term SOFR + 3.00%), 12/15/2027 | $1,322,825 | $1,317,620 | |
Mativ Holdings, Inc., Term Loan B, 9.18% (1 mo. USD LIBOR + 3.75%), 04/20/2028(m) | 1,782,400 | 1,733,384 | |
NCR Corp., Term Loan B, 7.93% (3 mo. USD LIBOR + 2.50%), 08/28/2026 | 640,000 | 639,680 | |
Scientific Games Holdings L.P., First Lien Term Loan (3 mo. Term SOFR + 3.50%), 04/04/2029 | 258,000 | 255,197 | |
7,254,475 | |||
Total Variable Rate Senior Loan Interests (Cost $8,201,948) | 7,890,168 | ||
Shares | |||
Preferred Stocks–0.01% | |||
United States–0.01% | |||
Bank of America Corp., 6.50%, Series Z, Pfd.(c) | 127,000 | 126,746 | |
Claire’s Holdings LLC, Series A, Pfd.(m) | 195 | 40,950 | |
Total Preferred Stocks (Cost $220,864) | 167,696 | ||
Money Market Funds–6.41% | |||
Invesco Government & Agency Portfolio, Institutional Class, 5.18%(r)(s) | 37,738,093 | 37,738,093 |
Shares | Value | ||
Money Market Funds–(continued) | |||
Invesco Liquid Assets Portfolio, Institutional Class, 5.28%(r)(s) | 26,947,637 | $26,950,332 | |
Invesco Treasury Portfolio, Institutional Class, 5.18%(r)(s) | 43,129,249 | 43,129,249 | |
Total Money Market Funds (Cost $107,818,936) | 107,817,674 | ||
Options Purchased–2.67% | |||
(Cost $60,880,342)(t) | 44,842,400 | ||
TOTAL INVESTMENTS IN SECURITIES (excluding Investments purchased with cash collateral from securities on loan)-98.58% (Cost $1,710,606,321) | 1,658,386,508 | ||
Investments Purchased with Cash Collateral from Securities on Loan | |||
Money Market Funds–3.50% | |||
Invesco Private Government Fund, 5.24%(r)(s)(u) | 16,499,232 | 16,499,232 | |
Invesco Private Prime Fund, 5.38%(r)(s)(u) | 42,426,598 | 42,426,598 | |
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $58,923,296) | 58,925,830 | ||
TOTAL INVESTMENTS IN SECURITIES—102.08% (Cost $1,769,529,617) | 1,717,312,338 | ||
OTHER ASSETS LESS LIABILITIES–(2.08)% | (34,942,261) | ||
NET ASSETS–100.00% | $1,682,370,077 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Investment Abbreviations:
ARM | – Adjustable Rate Mortgage |
ARS | – Argentina Peso |
AUD | – Australian Dollar |
BRL | – Brazilian Real |
CAD | – Canadian Dollar |
CNY | – Chinese Yuan Renminbi |
COP | – Colombia Peso |
Ctfs. | – Certificates |
EUR | – Euro |
EURIBOR | – Euro Interbank Offered Rate |
GBP | – British Pound Sterling |
IDR | – Indonesian Rupiah |
INR | – Indian Rupee |
IO | – Interest Only |
JPY | – Japanese Yen |
LIBOR | – London Interbank Offered Rate |
MXN | – Mexican Peso |
MYR | – Malaysian Ringgit |
PEN | – Peruvian Sol |
Pfd. | – Preferred |
PLN | – Polish Zloty |
REMICs | – Real Estate Mortgage Investment Conduits |
SOFR | – Secured Overnight Financing Rate |
SONIA | – Sterling Overnight Index Average |
STACR® | – Structured Agency Credit Risk |
STRIPS | – Separately Traded Registered Interest and Principal Security |
THB | – Thai Baht |
TRY | – Turkish Lira |
USD | – U.S. Dollar |
UYU | – Uruguay Peso |
Wts. | – Warrants |
ZAR | – South African Rand |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Notes to Consolidated Schedule of Investments:
(a) | Foreign denominated security. Principal amount is denominated in the currency indicated. |
(b) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at July 31, 2023 was $645,509,496, which represented 38.37% of the Fund’s Net Assets. |
(c) | Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate. |
(d) | Perpetual bond with no specified maturity date. |
(e) | 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 July 31, 2023. |
(f) | Zero coupon bond issued at a discount. |
(g) | All or a portion of this security was out on loan at July 31, 2023. |
(h) | Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The value of this security at July 31, 2023 represented less than 1% of the Fund’s Net Assets. |
(i) | Step coupon bond. The interest rate represents the coupon rate at which the bond will accrue at a specified future date. |
(j) | Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on July 31, 2023. |
(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 July 31, 2023. |
(l) | Interest only security. Principal amount shown is the notional principal and does not reflect the maturity value of the security. |
(m) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
(n) | Principal amount of security and interest payments are adjusted for inflation. |
(o) | Non-income producing security. |
(p) | Variable rate senior loan interests often require prepayments from excess cash flow or permit the borrower to repay at its election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with any accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, it is anticipated that the variable rate senior loan interests will have an expected average life of three to five years. |
(q) | Variable rate senior loan interests are, at present, not readily marketable, not registered under the 1933 Act and may be subject to contractual and legal restrictions on sale. Variable rate senior loan interests in the Fund’s portfolio generally have variable rates which adjust to a base, such as the London Interbank Offered Rate (“LIBOR”), on set dates, typically every 30 days, but not greater than one year, and/or have interest rates that float at margin above a widely recognized base lending rate such as the Prime Rate of a designated U.S. bank. |
(r) | 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 | $31,287,616 | $290,731,028 | $(284,280,551) | $- | $- | $37,738,093 | $819,395 |
Invesco Liquid Assets Portfolio, Institutional Class | 22,438,567 | 207,665,021 | (203,148,403) | (2,036) | (2,817) | 26,950,332 | 600,949 |
Invesco Treasury Portfolio, Institutional Class | 35,757,276 | 332,264,032 | (324,892,059) | - | - | 43,129,249 | 934,491 |
Investments Purchased with Cash Collateral from Securities on Loan: | |||||||
Invesco Private Government Fund | 17,970,670 | 87,120,066 | (88,591,504) | - | - | 16,499,232 | 578,079* |
Invesco Private Prime Fund | 47,071,670 | 175,540,421 | (180,187,094) | 4,135 | (2,534) | 42,426,598 | 1,563,718* |
Total | $154,525,799 | $1,093,320,568 | $(1,081,099,611) | $2,099 | $(5,351) | $166,743,504 | $4,496,632 |
* | 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. |
(s) | The rate shown is the 7-day SEC standardized yield as of July 31, 2023. |
(t) | The table below details options purchased. |
(u) | 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. |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Over-The-Counter Foreign Currency Options Purchased(a) | ||||||||
Description | Type of Contract | Counterparty | Expiration Date | Exercise Price | Notional Value | Value | ||
Currency Risk | ||||||||
AUD versus USD | Call | Goldman Sachs International | 10/12/2023 | USD | 0.80 | AUD | 2,625,000 | $ 2,520 |
AUD versus USD | Call | Goldman Sachs International | 05/16/2024 | USD | 0.69 | AUD | 87,500,000 | 1,727,419 |
EUR versus USD | Call | Deutsche Bank AG | 12/11/2023 | USD | 1.16 | EUR | 87,500,000 | 91,588 |
EUR versus USD | Call | Goldman Sachs Intermational | 08/01/2023 | USD | 1.18 | EUR | 105,000,000 | 115 |
EUR versus USD | Call | Goldman Sachs Intermational | 08/23/2023 | USD | 1.14 | EUR | 105,000,000 | 19,972 |
EUR versus USD | Call | Goldman Sachs Intermational | 08/24/2023 | USD | 1.12 | EUR | 70,000,000 | 91,588 |
EUR versus USD | Call | Goldman Sachs Intermational | 10/23/2023 | USD | 1.18 | EUR | 105,000,000 | 41,907 |
EUR versus USD | Call | Merrill Lynch International | 10/23/2023 | USD | 1.18 | EUR | 4,200,000 | 90,908 |
EUR versus USD | Call | Standard Chartered Bank PLC | 09/11/2023 | USD | 1.17 | EUR | 2,800,000 | 34,114 |
NZD versus USD | Call | Goldman Sachs Intermational | 10/12/2023 | USD | 0.70 | NZD | 5,000,000 | 40,049 |
Subtotal — Foreign Currency Call Options Purchased | 2,140,180 | |||||||
Currency Risk | ||||||||
CNY versus INR | Put | Goldman Sachs Intermational | 09/25/2023 | INR | 11.05 | CNY | 15,750,000 | 58,707 |
EUR versus HUF | Put | Goldman Sachs Intermational | 12/01/2023 | HUF | 360.00 | EUR | 3,500,000 | 113,242 |
EUR versus HUF | Put | Merrill Lynch International | 09/18/2023 | HUF | 365.00 | EUR | 1,750,000 | 41,613 |
EUR versus NOK | Put | J.P. Morgan Chase Bank, N.A. | 09/14/2023 | NOK | 10.65 | EUR | 1,750,000 | 201,906 |
EUR versus NOK | Put | J.P. Morgan Chase Bank, N.A. | 10/11/2023 | NOK | 11.25 | EUR | 42,000,000 | 45,717 |
EUR versus PLN | Put | Goldman Sachs Intermational | 09/22/2023 | PLN | 4.43 | EUR | 59,850,000 | 729,055 |
USD versus BRL | Put | Goldman Sachs Intermational | 10/19/2023 | BRL | 4.85 | USD | 10,500,000 | 1,390,106 |
USD versus BRL | Put | Goldman Sachs Intermational | 11/14/2023 | BRL | 4.80 | USD | 3,500,000 | 994,291 |
USD versus BRL | Put | Goldman Sachs Intermational | 11/16/2023 | BRL | 4.50 | USD | 1,120,000 | 423,211 |
USD versus BRL | Put | Goldman Sachs Intermational | 12/18/2023 | BRL | 4.83 | USD | 35,000,000 | 1,119,755 |
USD versus BRL | Put | Merrill Lynch International | 11/16/2023 | BRL | 4.80 | USD | 45,500,000 | 1,226,316 |
USD versus BRL | Put | Morgan Stanley and Co. International PLC | 11/16/2023 | BRL | 4.50 | USD | 3,500,000 | 531,682 |
USD versus CAD | Put | J.P. Morgan Chase Bank, N.A. | 10/26/2023 | CAD | 1.30 | USD | 35,000,000 | 179,935 |
USD versus CLP | Put | Morgan Stanley and Co. International PLC | 11/14/2023 | CLP | 715.00 | USD | 2,100,000 | 9,005 |
USD versus CLP | Put | Morgan Stanley and Co. International PLC | 11/14/2023 | CLP | 740.00 | USD | 2,100,000 | 26,149 |
USD versus CLP | Put | Morgan Stanley and Co. International PLC | 11/30/2023 | CLP | 805.00 | USD | 42,000,000 | 349,650 |
USD versus CNH | Put | Morgan Stanley and Co. International PLC | 09/20/2023 | CNH | 6.50 | USD | 2,100,000 | 1,737 |
USD versus COP | Put | Morgan Stanley and Co. International PLC | 11/22/2023 | COP | 3,900.00 | USD | 35,000,000 | 578,480 |
USD versus IDR | Put | Goldman Sachs Intermational | 10/04/2023 | IDR | 14,750.00 | USD | 42,000,000 | 112,182 |
USD versus INR | Put | Standard Chartered Bank PLC | 01/24/2024 | INR | 81.40 | USD | 35,000,000 | 188,965 |
USD versus JPY | Put | Goldman Sachs Intermational | 02/08/2024 | JPY | 113.00 | USD | 52,500,000 | 37,905 |
USD versus JPY | Put | Goldman Sachs Intermational | 05/07/2024 | JPY | 118.00 | USD | 52,500,000 | 171,098 |
USD versus JPY | Put | Goldman Sachs Intermational | 05/30/2024 | JPY | 115.00 | USD | 5,250,000 | 238,061 |
USD versus JPY | Put | Goldman Sachs Intermational | 06/10/2024 | JPY | 115.00 | USD | 5,250,000 | 251,449 |
USD versus JPY | Put | J.P. Morgan Chase Bank, N.A. | 11/07/2023 | JPY | 114.00 | USD | 2,100,000 | 5,508 |
USD versus JPY | Put | Merrill Lynch International | 08/16/2023 | JPY | 130.00 | USD | 122,500,000 | 3,308 |
USD versus JPY | Put | Merrill Lynch International | 06/03/2024 | JPY | 115.00 | USD | 3,500,000 | 120,806 |
USD versus KRW | Put | Goldman Sachs Intermational | 12/19/2023 | KRW | 1,170.00 | USD | 1,750,000 | 130,368 |
USD versus KRW | Put | Merrill Lynch International | 10/24/2023 | KRW | 1,240.00 | USD | 35,000,000 | 260,715 |
USD versus MXN | Put | Goldman Sachs Intermational | 10/30/2023 | MXN | 16.50 | USD | 70,000,000 | 575,190 |
USD versus MXN | Put | Goldman Sachs Intermational | 05/02/2024 | MXN | 17.20 | USD | 89,250,000 | 2,463,836 |
USD versus MXN | Put | Merrill Lynch International | 09/18/2023 | MXN | 16.30 | USD | 3,500,000 | 333,620 |
USD versus THB | Put | Goldman Sachs Intermational | 01/18/2024 | THB | 31.05 | USD | 1,750,000 | 143,675 |
USD versus THB | Put | Merrill Lynch International | 08/30/2023 | THB | 32.50 | USD | 4,200,000 | 150,780 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Over-The-Counter Foreign Currency Options Purchased(a)—(continued) | ||||||||
Description | Type of Contract | Counterparty | Expiration Date | Exercise Price | Notional Value | Value | ||
USD versus THB | Put | Standard Chartered Bank PLC | 10/04/2023 | THB | 30.00 | USD | 3,500,000 | $12,187 |
USD versus THB | Put | Standard Chartered Bank PLC | 02/23/2024 | THB | 30.65 | USD | 1,750,000 | 117,990 |
USD versus ZAR | Put | Goldman Sachs Intermational | 10/27/2023 | ZAR | 17.05 | USD | 26,250,000 | 241,474 |
USD versus ZAR | Put | Goldman Sachs Intermational | 05/14/2024 | ZAR | 15.00 | USD | 7,000,000 | 873,390 |
USD versus ZAR | Put | J.P. Morgan Chase Bank, N.A. | 08/10/2023 | ZAR | 17.00 | USD | 35,000,000 | 12,530 |
USD versus ZAR | Put | Morgan Stanley and Co. International PLC | 09/18/2023 | ZAR | 16.50 | USD | 1,750,000 | 111,993 |
Subtotal — Foreign Currency Put Options Purchased | 14,577,587 | |||||||
Total Foreign Currency Options Purchased | $16,717,767 |
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
Open Over-The-Counter Interest Rate Swaptions Purchased(a) | ||||||||||
Description | Type of Contract | Counterparty | Exercise Rate | Pay/ Receive Exercise Rate | Floating Rate Index | Payment Frequency | Expiration Date | Notional Value | Value | |
Interest Rate Risk | ||||||||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 2.15% | Receive | 6 Month EURIBOR | Semi-Annually | 05/19/2033 | EUR | 42,000,000 | $2,396,771 |
2 Year Interest Rate Swap | Call | Barclays Bank PLC | 5.60 | Receive | SONIA | Annually | 12/05/2023 | GBP | 149,800,000 | 1,698,956 |
Subtotal — Interest Rate Call Swaptions Purchased | 4,095,727 | |||||||||
Interest Rate Risk | ||||||||||
1 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 4.86 | Pay | SOFR | Annually | 08/21/2023 | USD | 175,000,000 | 817,801 |
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.77 | Pay | SOFR | Annually | 08/07/2023 | USD | 247,800,000 | 523,510 |
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.73 | Pay | SOFR | Annually | 10/27/2023 | USD | 63,000,000 | 872,167 |
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.65 | Pay | 6 Month EURIBOR | Semi-Annually | 05/19/2033 | EUR | 42,000,000 | 2,308,841 |
15 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 1.81 | Pay | 6 Month EURIBOR | Semi-Annually | 04/06/2038 | EUR | 47,250,000 | 4,515,338 |
15 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.38 | Pay | SONIA | Annually | 05/05/2038 | GBP | 45,500,000 | 8,065,774 |
30 Year Interest Rate Swap | Put | J.P. Morgan Chase Bank, N.A. | 2.59 | Pay | 6 Month EURIBOR | Semi-Annually | 05/22/2025 | EUR | 46,200,000 | 4,080,779 |
30 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 2.82 | Pay | SOFR | Annually | 03/31/2025 | USD | 23,100,000 | 2,545,460 |
5 Year Interest Rate Swap | Put | J.P. Morgan Chase Bank, N.A. | 0.75 | Pay | TONAR | Annually | 03/04/2024 | JPY | 10,920,000,000 | 299,236 |
Subtotal — Interest Rate Put Swaptions Purchased | 24,028,906 | |||||||||
Total Interest Rate Swaptions Purchased | $28,124,633 |
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
Open Over-The-Counter Credit Default Swaptions Written(a) | ||||||||||||||
Counterparty | Type of Contract | Exercise Rate | Reference Entity | (Pay)/ Receive Fixed Rate | Payment Frequency | Expiration Date | Implied Credit Spread(b) | Notional Value | Value | |||||
Credit Risk | ||||||||||||||
J.P. Morgan Chase Bank, N.A. | Put | 97.00% | Markit CDX North America High Yield Index, Series 40, Version 1 | 5.00% | Quarterly | 09/20/2023 | 4.086% | USD | 210,000,000 | $(182,272) |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
(b) | Implied credit spreads represent the current level, as of July 31, 2023, at which protection could be bought or sold given the terms of the existing credit default swap agreement and serve as an indicator of the current status of the payment/performance risk of the credit default swap agreement. An implied credit spread that has widened or increased since entry into the initial agreement may indicate a deteriorating credit profile and increased risk of default for the reference entity. A declining or narrowing spread may indicate an improving credit profile or decreased risk of default for the reference entity. Alternatively, credit spreads may increase or decrease reflecting the general tolerance for risk in the credit markets generally. |
Open Over-The-Counter Foreign Currency Options Written(a) | |||||||||||||
Description | Type of Contract | Counterparty | Expiration Date | Exercise Price | Notional Value | Value | |||||||
Currency Risk | |||||||||||||
AUD versus USD | Call | Goldman Sachs International | 05/16/2024 | USD | 0.73 | AUD | 87,500,000 | $(624,001) | |||||
EUR versus HUF | Call | Goldman Sachs International | 09/15/2023 | HUF | 401.00 | EUR | 1,050,000 | (232,265) | |||||
EUR versus HUF | Call | Goldman Sachs International | 12/01/2023 | HUF | 400.00 | EUR | 1,400,000 | (587,165) | |||||
EUR versus HUF | Call | J.P. Morgan Chase Bank, N.A. | 10/12/2023 | HUF | 418.00 | EUR | 35,000,000 | (228,047) | |||||
EUR versus HUF | Call | Merrill Lynch International | 12/18/2023 | HUF | 415.00 | EUR | 35,000,000 | (576,737) | |||||
EUR versus PLN | Call | Goldman Sachs International | 09/22/2023 | PLN | 4.58 | EUR | 59,850,000 | (186,886) | |||||
USD versus BRL | Call | Goldman Sachs International | 11/16/2023 | BRL | 5.10 | USD | 1,120,000 | (187,557) | |||||
USD versus BRL | Call | Goldman Sachs International | 12/18/2023 | BRL | 5.30 | USD | 35,000,000 | (337,015) | |||||
USD versus BRL | Call | Goldman Sachs International | 05/23/2024 | BRL | 5.55 | USD | 3,500,000 | (440,836) | |||||
USD versus BRL | Call | Merrill Lynch International | 11/16/2023 | BRL | 5.25 | USD | 45,500,000 | (345,163) | |||||
USD versus CLP | Call | Morgan Stanley and Co. International PLC | 11/30/2023 | CLP | 870.00 | USD | 42,000,000 | (895,230) | |||||
USD versus COP | Call | Morgan Stanley and Co. International PLC | 08/10/2023 | COP | 4,500.00 | USD | 35,000,000 | (770) | |||||
USD versus COP | Call | Morgan Stanley and Co. International PLC | 11/22/2023 | COP | 4,300.00 | USD | 35,000,000 | (508,725) | |||||
USD versus IDR | Call | Goldman Sachs International | 10/04/2023 | IDR | 15,700.00 | USD | 42,000,000 | (105,882) | |||||
USD versus INR | Call | Standard Chartered Bank PLC | 01/24/2024 | INR | 84.00 | USD | 35,000,000 | (261,310) | |||||
USD versus JPY | Call | Goldman Sachs International | 08/07/2023 | JPY | 137.00 | USD | 52,500,000 | (1,902,548) | |||||
USD versus KRW | Call | Merrill Lynch International | 10/24/2023 | KRW | 1,315.00 | USD | 35,000,000 | (222,110) | |||||
USD versus MXN | Call | Goldman Sachs International | 10/30/2023 | MXN | 17.50 | USD | 70,000,000 | (859,670) | |||||
USD versus MXN | Call | Goldman Sachs International | 05/02/2024 | MXN | 19.00 | USD | 89,250,000 | (1,574,370) | |||||
USD versus MXN | Call | Goldman Sachs International | 05/15/2024 | MXN | 19.75 | USD | 1,400,000 | (143,959) | |||||
USD versus ZAR | Call | Goldman Sachs International | 10/27/2023 | ZAR | 18.90 | USD | 26,250,000 | (356,160) | |||||
Subtotal — Foreign Currency Call Options Written | (10,576,406) | ||||||||||||
Currency Risk | |||||||||||||
AUD versus USD | Put | Goldman Sachs International | 05/16/2024 | USD | 0.63 | AUD | 87,500,000 | (734,613) | |||||
EUR versus PLN | Put | Goldman Sachs International | 09/22/2023 | PLN | 4.33 | EUR | 59,850,000 | (143,718) | |||||
USD versus BRL | Put | Goldman Sachs International | 09/01/2023 | BRL | 4.80 | USD | 35,000,000 | (712,845) | |||||
USD versus BRL | Put | Goldman Sachs International | 12/18/2023 | BRL | 4.50 | USD | 35,000,000 | (246,960) | |||||
USD versus BRL | Put | Merrill Lynch International | 11/16/2023 | BRL | 4.55 | USD | 45,500,000 | (329,739) | |||||
USD versus CLP | Put | Morgan Stanley and Co. International PLC | 11/30/2023 | CLP | 780.00 | USD | 42,000,000 | (139,692) | |||||
USD versus COP | Put | Morgan Stanley and Co. International PLC | 11/22/2023 | COP | 3,700.00 | USD | 35,000,000 | (172,445) | |||||
USD versus INR | Put | Standard Chartered Bank PLC | 01/24/2024 | INR | 79.50 | USD | 35,000,000 | (58,660) | |||||
USD versus MXN | Put | Goldman Sachs International | 10/30/2023 | MXN | 16.15 | USD | 70,000,000 | (255,290) | |||||
USD versus MXN | Put | Goldman Sachs International | 05/02/2024 | MXN | 16.40 | USD | 89,250,000 | (1,022,091) | |||||
USD versus ZAR | Put | Goldman Sachs International | 10/27/2023 | ZAR | 16.50 | USD | 26,250,000 | (102,638) | |||||
Subtotal — Foreign Currency Put Options Written | (3,918,691) | ||||||||||||
Total – Foreign Currency Options Written | $(14,495,097) |
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Over-The-Counter Interest Rate Swaptions Written(a) | ||||||||||||||
Description | Type of Contract | Counterparty | Exercise Rate | Floating Rate Index | Pay/ Receive Exercise Rate | Payment Frequency | Expiration Date | Notional Value | Value | |||||
Interest Rate Risk | ||||||||||||||
2 Year Interest Rate Swap | Call | Barclays Bank PLC | 5.10% | SONIA | Receive | Annually | 12/05/2023 | GBP | 149,800,000 | $(894,681) | ||||
10 Year Interest Rate Swap | Call | BNP Paribas S.A. | 3.30 | SOFR | Receive | Annually | 01/11/2024 | USD | 52,500,000 | (706,328) | ||||
10 Year Interest Rate Swap | Call | Goldman Sachs International | 3.25 | SOFR | Receive | Annually | 03/27/2024 | USD | 157,500,000 | (2,756,187) | ||||
1 Year Interest Rate Swap | Call | Goldman Sachs International | 3.29 | SOFR | Receive | Annually | 06/30/2025 | USD | 105,000,000 | (618,948) | ||||
2 Year Interest Rate Swap | Call | J.P. Morgan Chase Bank, N.A. | 2.75 | SOFR | Receive | Annually | 09/16/2024 | USD | 262,500,000 | (1,178,221) | ||||
10 Year Interest Rate Swap | Call | J.P. Morgan Chase Bank, N.A. | 3.12 | SOFR | Receive | Annually | 01/16/2024 | USD | 87,500,000 | (788,584) | ||||
10 Year Interest Rate Swap | Call | J.P. Morgan Chase Bank, N.A. | 2.44 | 6 Month EURIBOR | Receive | Semi-Annually | 04/14/2025 | EUR | 52,500,000 | (1,398,294) | ||||
10 Year Interest Rate Swap | Call | J.P. Morgan Chase Bank, N.A. | 3.50 | SOFR | Receive | Annually | 01/08/2024 | USD | 35,000,000 | (653,056) | ||||
5 Year Interest Rate Swap | Call | J.P. Morgan Chase Bank, N.A. | 0.35 | TONAR | Receive | Annually | 03/04/2024 | JPY | 10,920,000,000 | (338,092) | ||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 3.77 | SOFR | Receive | Annually | 08/07/2023 | USD | 247,800,000 | (2,144,142) | ||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 2.56 | SOFR | Receive | Annually | 03/10/2025 | USD | 42,000,000 | (632,218) | ||||
20 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 3.25 | SONIA | Receive | Annually | 08/07/2023 | GBP | 35,000,000 | — | ||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 3.47 | SOFR | Receive | Annually | 12/11/2023 | USD | 42,000,000 | (663,964) | ||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 3.50 | SOFR | Receive | Annually | 01/08/2024 | USD | 105,000,000 | (2,048,869) | ||||
10 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 2.35 | 6 Month EURIBOR | Receive | Semi-Annually | 05/19/2027 | EUR | 42,000,000 | (1,753,928) | ||||
2 Year Interest Rate Swap | Call | Morgan Stanley and Co. International PLC | 4.92 | SONIA | Receive | Monthly | 03/28/2024 | GBP | 175,000,000 | (1,701,056) | ||||
Subtotal—Interest Rate Call Swaptions Written | (18,276,568) | |||||||||||||
Interest Rate Risk | ||||||||||||||
2 Year Interest Rate Swap | Put | Barclays Bank PLC | 6.15 | SONIA | Pay | Annually | 12/05/2023 | GBP | 149,800,000 | (605,022) | ||||
1 Year Interest Rate Swap | Put | Goldman Sachs International | 3.29 | SOFR | Pay | Annually | 06/30/2025 | USD | 105,000,000 | (923,806) | ||||
10 Year Interest Rate Swap | Put | J.P. Morgan Chase Bank, N.A. | 2.98 | 6 Month EURIBOR | Pay | Semi-Annually | 05/22/2025 | EUR | 107,940,000 | (4,790,386) | ||||
5 Year Interest Rate Swap | Put | J.P. Morgan Chase Bank, N.A. | 1.10 | TONAR | Pay | Annually | 03/04/2024 | JPY | 10,920,000,000 | (171,657) | ||||
2 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 6.08 | SONIA | Pay | Monthly | 03/28/2024 | GBP | 175,000,000 | (1,112,986) | ||||
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.85 | 6 Month EURIBOR | Pay | Semi-Annually | 05/19/2027 | EUR | 42,000,000 | (1,532,020) | ||||
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 4.51 | SONIA | Pay | Annually | 01/31/2024 | GBP | 59,500,000 | (1,211,535) | ||||
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.98 | SOFR | Pay | Annually | 10/27/2023 | USD | 126,000,000 | (874,982) | ||||
5 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 4.15 | SOFR | Pay | Annually | 10/20/2023 | USD | 84,000,000 | (489,103) | ||||
1 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 5.16 | SOFR | Pay | Annually | 08/21/2023 | USD | 262,500,000 | (537,631) | ||||
10 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.56 | SOFR | Pay | Annually | 03/10/2025 | USD | 42,000,000 | (1,510,672) |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Over-The-Counter Interest Rate Swaptions Written(a)—(continued) | ||||||||||||||
Description | Type of Contract | Counterparty | Exercise Rate | Floating Rate Index | Pay/ Receive Exercise Rate | Payment Frequency | Expiration Date | Notional Value | Value | |||||
2 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 4.00% | SOFR | Pay | Annually | 09/16/2024 | USD | 262,500,000 | $(2,344,414) | ||||
5 Year Interest Rate Swap | Put | Morgan Stanley and Co. International PLC | 3.31 | SOFR | Pay | Annually | 03/31/2025 | USD | 98,280,000 | (2,683,214) | ||||
Subtotal—Interest Rate Put Swaptions Written | (18,787,428) | |||||||||||||
Total Open Over-The-Counter Interest Rate Swaptions Written | $(37,063,996) |
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
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 | 189 | September-2023 | $38,372,906 | $(576,938) | $(576,938) |
U.S. Treasury 10 Year Notes | 820 | September-2023 | 91,353,125 | (2,197,344) | (2,197,344) |
U.S. Treasury 10 Year Ultra Notes | 753 | September-2023 | 88,089,234 | (1,947,211) | (1,947,211) |
Subtotal—Long Futures Contracts | (4,721,493) | (4,721,493) | |||
Short Futures Contracts | |||||
Interest Rate Risk | |||||
Euro-BTP | 142 | September-2023 | (18,110,970) | 56,207 | 56,207 |
U.S. Treasury 5 Year Notes | 194 | September-2023 | (20,723,141) | 463,781 | 463,781 |
U.S. Treasury Long Bonds | 35 | September-2023 | (4,355,312) | 89,414 | 89,414 |
Subtotal—Short Futures Contracts | 609,402 | 609,402 | |||
Total Futures Contracts | $(4,112,091) | $(4,112,091) |
(a) | Futures contracts collateralized by $10,439,617 cash held with Merrill Lynch International, the futures commission merchant. |
Open Forward Foreign Currency Contracts | ||||||
Settlement Date | Counterparty | Contract to | Unrealized Appreciation (Depreciation) | |||
Deliver | Receive | |||||
Currency Risk | ||||||
09/20/2023 | Barclays Bank PLC | EUR | 7,884,801 | USD | 8,750,000 | $60,009 |
09/20/2023 | Barclays Bank PLC | USD | 8,598,882 | CNY | 62,045,921 | 135,130 |
09/20/2023 | Barclays Bank PLC | USD | 5,300,000 | COP | 21,435,585,000 | 91,959 |
09/20/2023 | Barclays Bank PLC | USD | 9,945,630 | MXN | 173,336,625 | 314,820 |
09/20/2023 | Barclays Bank PLC | USD | 33,408,000 | SGD | 44,886,321 | 425,768 |
08/02/2023 | BNP Paribas S.A. | USD | 27,502,721 | PLN | 110,494,930 | 82,049 |
09/20/2023 | BNP Paribas S.A. | INR | 179,423,064 | USD | 2,179,803 | 1,163 |
09/20/2023 | BNP Paribas S.A. | JPY | 1,892,424,000 | USD | 13,752,831 | 348,949 |
09/20/2023 | BNP Paribas S.A. | USD | 5,200,000 | COP | 21,075,592,200 | 101,406 |
09/20/2023 | BNP Paribas S.A. | USD | 10,944,351 | EUR | 9,975,000 | 49,289 |
09/20/2023 | BNP Paribas S.A. | USD | 8,698 | NOK | 93,682 | 559 |
09/20/2023 | BNP Paribas S.A. | USD | 7,117,708 | NZD | 11,638,662 | 111,522 |
08/02/2023 | Citibank, N.A. | USD | 6,520,540 | BRL | 31,307,850 | 100,206 |
09/20/2023 | Citibank, N.A. | CLP | 4,525,565,000 | USD | 5,601,640 | 235,290 |
09/20/2023 | Citibank, N.A. | IDR | 368,541,180,000 | USD | 24,623,584 | 234,668 |
09/20/2023 | Citibank, N.A. | USD | 4,472,800 | COP | 18,179,471,960 | 100,109 |
09/20/2023 | Citibank, N.A. | USD | 147,252 | CZK | 3,260,232 | 2,503 |
09/20/2023 | Citibank, N.A. | USD | 31,067,607 | PLN | 128,647,855 | 971,229 |
09/20/2023 | Citibank, N.A. | USD | 50,981,108 | THB | 1,747,377,484 | 301,312 |
09/20/2023 | Citibank, N.A. | USD | 4,716,629 | ZAR | 87,448,653 | 151,544 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Forward Foreign Currency Contracts—(continued) | ||||||
Settlement Date | Counterparty | Contract to | Unrealized Appreciation (Depreciation) | |||
Deliver | Receive | |||||
09/20/2023 | Deutsche Bank AG | TWD | 267,124,269 | USD | 8,598,882 | $82,126 |
08/02/2023 | Goldman Sachs International | USD | 149,903,110 | BRL | 713,568,854 | 996,991 |
08/03/2023 | Goldman Sachs International | EUR | 9,975,000 | USD | 10,980,480 | 12,442 |
08/18/2023 | Goldman Sachs International | USD | 43,830,150 | PLN | 177,792,620 | 519,143 |
08/28/2023 | Goldman Sachs International | EUR | 17,412,500 | USD | 19,293,050 | 124,185 |
09/01/2023 | Goldman Sachs International | JPY | 2,632,975,800 | USD | 19,110,000 | 516,560 |
09/05/2023 | Goldman Sachs International | USD | 33,425,000 | MXN | 645,102,500 | 4,871,379 |
09/12/2023 | Goldman Sachs International | JPY | 2,566,323,900 | USD | 18,690,000 | 535,937 |
09/19/2023 | Goldman Sachs International | USD | 9,167,812 | EUR | 8,334,375 | 17,202 |
09/20/2023 | Goldman Sachs International | INR | 2,747,326,925 | USD | 33,408,000 | 48,653 |
09/20/2023 | Goldman Sachs International | KRW | 44,196,364 | USD | 34,855 | 171 |
09/20/2023 | Goldman Sachs International | USD | 4,600,000 | COP | 18,592,740,000 | 76,863 |
09/20/2023 | Goldman Sachs International | USD | 1,617,970 | PEN | 5,903,000 | 14,186 |
12/21/2023 | Goldman Sachs International | KRW | 6,582,450,000 | USD | 5,250,000 | 53,558 |
01/22/2024 | Goldman Sachs International | THB | 152,197,500 | USD | 4,550,000 | 30,240 |
02/13/2024 | Goldman Sachs International | JPY | 1,094,562,000 | USD | 8,820,000 | 880,655 |
05/09/2024 | Goldman Sachs International | JPY | 2,190,384,000 | USD | 17,220,000 | 1,116,385 |
08/02/2023 | HSBC Bank USA | USD | 139,969,430 | BRL | 664,336,829 | 519,458 |
09/05/2023 | HSBC Bank USA | USD | 36,348,224 | BRL | 173,631,829 | 150,905 |
09/20/2023 | HSBC Bank USA | TWD | 251,866,542 | USD | 8,105,118 | 74,826 |
09/20/2023 | HSBC Bank USA | USD | 4,647,099 | MXN | 82,077,057 | 211,353 |
08/02/2023 | J.P. Morgan Chase Bank, N.A. | EUR | 24,010,000 | USD | 26,425,665 | 26,661 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | AUD | 23,775,000 | USD | 16,078,650 | 82,311 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | EUR | 36,619,275 | USD | 41,255,389 | 896,579 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 41,537,118 | CNY | 298,298,241 | 453,400 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 188,516,574 | EUR | 174,462,632 | 3,762,065 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 28,145,317 | GBP | 22,493,422 | 727,616 |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 42,572,646 | JPY | 6,031,181,567 | 145,713 |
03/20/2024 | J.P. Morgan Chase Bank, N.A. | CNY | 56,290,000 | USD | 8,330,343 | 292,601 |
08/02/2023 | Merrill Lynch International | USD | 16,986,159 | BRL | 80,539,875 | 45,799 |
08/11/2023 | Merrill Lynch International | USD | 29,050,000 | MXN | 518,760,375 | 1,882,466 |
08/18/2023 | Merrill Lynch International | JPY | 3,525,327,662 | USD | 26,215,000 | 1,373,821 |
09/05/2023 | Merrill Lynch International | JPY | 1,570,177,000 | USD | 11,480,000 | 384,919 |
09/05/2023 | Merrill Lynch International | USD | 2,275,000 | BRL | 11,086,075 | 55,403 |
09/06/2023 | Merrill Lynch International | JPY | 520,811,200 | USD | 3,920,000 | 239,297 |
09/20/2023 | Merrill Lynch International | INR | 1,363,746,936 | USD | 16,641,715 | 82,452 |
09/20/2023 | Merrill Lynch International | USD | 2,419,471 | CAD | 3,230,528 | 32,040 |
09/20/2023 | Merrill Lynch International | USD | 34,327,751 | CNY | 244,211,054 | 49,081 |
09/20/2023 | Merrill Lynch International | USD | 4,606,314 | EUR | 4,213,500 | 37,466 |
08/08/2023 | Morgan Stanley and Co. International PLC | USD | 12,944,000 | COP | 52,034,880,000 | 303,868 |
09/18/2023 | Morgan Stanley and Co. International PLC | USD | 2,800,000 | BRL | 13,552,000 | 43,096 |
09/20/2023 | Morgan Stanley and Co. International PLC | USD | 4,600,000 | COP | 18,653,690,000 | 92,195 |
09/20/2023 | Morgan Stanley and Co. International PLC | USD | 2,967,135 | SEK | 31,961,678 | 76,374 |
09/22/2023 | Morgan Stanley and Co. International PLC | CNY | 77,861,840 | USD | 11,410,000 | 448,220 |
09/29/2023 | Morgan Stanley and Co. International PLC | USD | 980,000 | COP | 4,699,100,000 | 199,181 |
10/02/2023 | Morgan Stanley and Co. International PLC | USD | 15,050,000 | COP | 64,414,000,000 | 1,100,943 |
09/20/2023 | Royal Bank of Canada | AUD | 38,062,500 | USD | 25,928,632 | 319,351 |
09/20/2023 | Royal Bank of Canada | EUR | 9,975,000 | USD | 11,016,749 | 23,109 |
09/20/2023 | Royal Bank of Canada | USD | 5,376,194 | EUR | 4,880,000 | 2,149 |
01/29/2024 | Standard Chartered Bank PLC | INR | 1,298,115,000 | USD | 15,750,000 | 65,076 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Forward Foreign Currency Contracts—(continued) | ||||||
Settlement Date | Counterparty | Contract to | Unrealized Appreciation (Depreciation) | |||
Deliver | Receive | |||||
02/28/2024 | Standard Chartered Bank PLC | THB | 127,935,500 | USD | 3,850,000 | $37,948 |
09/20/2023 | UBS AG | GBP | 1,525,000 | USD | 1,962,766 | 5,251 |
Subtotal—Appreciation | 27,959,153 | |||||
Currency Risk | ||||||
09/20/2023 | Barclays Bank PLC | USD | 4,098,050 | EUR | 3,640,000 | (86,335) |
09/20/2023 | BNP Paribas S.A. | NZD | 4,281,000 | USD | 2,618,076 | (41,021) |
09/20/2023 | BNP Paribas S.A. | PLN | 154,785,300 | USD | 38,321,490 | (226,692) |
09/20/2023 | BNP Paribas S.A. | USD | 135,229,336 | JPY | 18,607,894,660 | (3,431,160) |
08/02/2023 | Citibank, N.A. | BRL | 31,307,850 | USD | 6,602,942 | (17,803) |
09/20/2023 | Citibank, N.A. | PEN | 171,945,000 | USD | 46,787,755 | (754,349) |
09/20/2023 | Citibank, N.A. | PLN | 129,762,498 | USD | 31,419,059 | (897,372) |
09/20/2023 | Citibank, N.A. | THB | 336,000,000 | USD | 9,803,063 | (57,939) |
09/20/2023 | Citibank, N.A. | USD | 17,858,769 | CLP | 14,428,099,255 | (750,136) |
09/20/2023 | Citibank, N.A. | USD | 53,508,439 | IDR | 800,860,809,600 | (509,947) |
09/20/2023 | Citibank, N.A. | ZAR | 551,179,612 | USD | 29,728,412 | (955,165) |
09/20/2023 | Deutsche Bank AG | MXN | 307,243,125 | USD | 17,755,991 | (430,891) |
12/13/2023 | Deutsche Bank AG | EUR | 10,150,000 | USD | 11,022,900 | (212,596) |
12/13/2023 | Deutsche Bank AG | USD | 13,799,625 | EUR | 12,250,000 | (239,543) |
08/02/2023 | Goldman Sachs International | BRL | 713,568,854 | USD | 149,192,575 | (1,707,527) |
08/02/2023 | Goldman Sachs International | PLN | 110,494,930 | USD | 26,390,000 | (1,194,769) |
08/02/2023 | Goldman Sachs International | USD | 26,579,070 | EUR | 24,010,000 | (180,066) |
08/18/2023 | Goldman Sachs International | EUR | 39,900,000 | USD | 43,830,150 | (73,442) |
08/21/2023 | Goldman Sachs International | MXN | 166,217,660 | USD | 8,680,000 | (1,213,647) |
08/25/2023 | Goldman Sachs International | CNY | 216,300,000 | USD | 30,031,239 | (372,473) |
08/25/2023 | Goldman Sachs International | USD | 30,100,000 | INR | 2,474,220,000 | (29,063) |
09/06/2023 | Goldman Sachs International | IDR | 310,184,000,000 | USD | 20,300,000 | (234,769) |
09/19/2023 | Goldman Sachs International | HUF | 3,528,000,000 | USD | 9,187,500 | (724,674) |
09/20/2023 | Goldman Sachs International | INR | 1,385,475,402 | USD | 16,803,000 | (20,100) |
09/20/2023 | Goldman Sachs International | USD | 12,585,347 | PEN | 45,325,000 | (53,166) |
09/29/2023 | Goldman Sachs International | SEK | 115,583,565 | USD | 10,470,000 | (541,081) |
09/29/2023 | Goldman Sachs International | USD | 8,400,000 | SEK | 86,360,400 | (172,867) |
10/16/2023 | Goldman Sachs International | AUD | 3,675,000 | USD | 2,326,275 | (148,471) |
10/16/2023 | Goldman Sachs International | NZD | 8,166,667 | USD | 4,569,250 | (503,394) |
11/16/2023 | Goldman Sachs International | MXN | 111,483,000 | USD | 5,400,000 | (1,129,658) |
11/20/2023 | Goldman Sachs International | BRL | 23,325,120 | USD | 4,032,000 | (817,304) |
12/20/2023 | Goldman Sachs International | BRL | 62,262,900 | USD | 12,600,000 | (299,091) |
05/06/2024 | Goldman Sachs International | MXN | 190,927,043 | USD | 9,917,000 | (931,294) |
05/16/2024 | Goldman Sachs International | ZAR | 124,715,938 | USD | 6,212,500 | (585,630) |
05/17/2024 | Goldman Sachs International | MXN | 42,358,400 | USD | 2,240,000 | (162,698) |
05/20/2024 | Goldman Sachs International | AUD | 14,437,500 | USD | 9,704,888 | (74,777) |
08/02/2023 | HSBC Bank USA | BRL | 664,336,829 | USD | 140,060,978 | (427,910) |
09/05/2023 | HSBC Bank USA | BRL | 490,705,000 | USD | 102,724,570 | (426,476) |
09/20/2023 | HSBC Bank USA | MXN | 949,357,000 | USD | 53,751,387 | (2,444,643) |
09/20/2023 | HSBC Bank USA | USD | 13,203,740 | CLP | 10,718,136,000 | (494,329) |
09/20/2023 | HSBC Bank USA | USD | 19,467,959 | HUF | 6,842,014,165 | (248,781) |
09/20/2023 | HSBC Bank USA | ZAR | 379,205,388 | USD | 20,682,953 | (427,004) |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | EUR | 262,132,784 | USD | 284,186,048 | (4,715,562) |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | GBP | 92,328,000 | USD | 115,527,147 | (2,986,623) |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | HUF | 1,476,125,000 | USD | 4,079,644 | (66,782) |
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 57,415,712 | AUD | 84,898,831 | (293,926) |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Forward Foreign Currency Contracts—(continued) | ||||||
Settlement Date | Counterparty | Contract to | Unrealized Appreciation (Depreciation) | |||
Deliver | Receive | |||||
09/20/2023 | J.P. Morgan Chase Bank, N.A. | USD | 26,488,663 | EUR | 24,010,000 | $(26,778) |
10/16/2023 | J.P. Morgan Chase Bank, N.A. | HUF | 2,794,260,000 | USD | 7,755,999 | (54,554) |
10/16/2023 | J.P. Morgan Chase Bank, N.A. | USD | 7,756,000 | EUR | 7,000,000 | (31,270) |
08/02/2023 | Merrill Lynch International | BRL | 80,539,875 | USD | 16,783,001 | (248,958) |
08/11/2023 | Merrill Lynch International | MXN | 223,684,300 | USD | 11,900,000 | (1,437,771) |
08/25/2023 | Merrill Lynch International | SGD | 50,764,919 | USD | 37,590,000 | (627,663) |
08/25/2023 | Merrill Lynch International | USD | 37,590,000 | INR | 3,088,405,677 | (54,432) |
09/01/2023 | Merrill Lynch International | THB | 602,525,000 | USD | 17,500,000 | (151,079) |
09/20/2023 | Merrill Lynch International | CAD | 13,745,000 | USD | 10,294,178 | (136,321) |
09/20/2023 | Merrill Lynch International | SGD | 68,646,947 | USD | 51,333,763 | (409,950) |
09/20/2023 | Merrill Lynch International | USD | 3,674,487 | EUR | 3,265,000 | (76,068) |
09/20/2023 | Merrill Lynch International | USD | 34,260,005 | INR | 2,807,521,786 | (169,743) |
09/29/2023 | Merrill Lynch International | AUD | 26,723,677 | USD | 17,500,000 | (485,695) |
10/13/2023 | Merrill Lynch International | BRL | 99,504,000 | USD | 18,000,000 | (2,795,222) |
09/20/2023 | Morgan Stanley and Co. International PLC | COP | 294,641,791,242 | USD | 68,713,735 | (5,401,181) |
09/20/2023 | Morgan Stanley and Co. International PLC | JPY | 7,129,607,090 | USD | 49,887,000 | (611,416) |
09/20/2023 | Morgan Stanley and Co. International PLC | USD | 1,816,003 | EUR | 1,645,000 | (3,017) |
09/20/2023 | Morgan Stanley and Co. International PLC | USD | 7,427,200 | GBP | 5,755,912 | (38,815) |
09/20/2023 | Morgan Stanley and Co. International PLC | ZAR | 98,542,500 | USD | 5,461,904 | (23,851) |
10/11/2023 | Morgan Stanley and Co. International PLC | MXN | 203,597,100 | USD | 10,710,000 | (1,293,903) |
11/27/2023 | Morgan Stanley and Co. International PLC | COP | 145,111,750,000 | USD | 35,350,000 | (568,218) |
08/03/2023 | Royal Bank of Canada | USD | 10,991,034 | EUR | 9,975,000 | (22,996) |
09/20/2023 | Royal Bank of Canada | USD | 3,713,600 | CAD | 4,884,108 | (7,257) |
09/13/2023 | Standard Chartered Bank PLC | USD | 27,451,393 | EUR | 24,500,000 | (458,950) |
09/20/2023 | Standard Chartered Bank PLC | EUR | 14,700,000 | USD | 15,893,023 | (308,132) |
Subtotal—Depreciation | (47,756,186) | |||||
Total Forward Foreign Currency Contracts | $(19,797,033) |
Open Centrally Cleared Credit Default Swap Agreements(a) | ||||||||||
Reference Entity | Buy/Sell Protection | (Pay)/ Receive Fixed Rate | Payment Frequency | Maturity Date | Implied Credit Spread(b) | Notional Value | Upfront Payments Paid (Received) | Value | Unrealized Appreciation (Depreciation) | |
Credit Risk | ||||||||||
Societe Generale S.A. | Sell | 1.00% | Quarterly | 06/20/2027 | 0.741% | EUR | 10,500,000 | $8,843 | $108,290 | $99,447 |
Chile Government International Bonds | Sell | 1.00 | Quarterly | 06/20/2028 | 0.629 | USD | 12,250,000 | 111,367 | 199,498 | 88,131 |
Subtotal - Appreciation | 120,210 | 307,788 | 187,578 | |||||||
Credit Risk | ||||||||||
Markit iTraxx Europe Index, Series 37, Version 1 | Buy | (1.00) | Quarterly | 06/20/2027 | 0.545 | EUR | 7,525,000 | (65,266) | (136,252) | (70,986) |
Brazil Government International Bonds | Buy | (1.00) | Quarterly | 12/20/2027 | 1.437 | USD | 3,500,000 | 170,555 | 57,687 | (112,868) |
Markit CDX North America High Yield Index, Series 40, Version 1 | Buy | (5.00) | Quarterly | 06/20/2028 | 4.085 | USD | 65,100,000 | (898,797) | (2,341,975) | (1,443,178) |
Mexican Government International Bonds | Buy | (1.00) | Quarterly | 06/20/2028 | 0.996 | USD | 14,000,000 | 108,992 | (2,106) | (111,098) |
Peru Government International Bonds | Buy | (1.00) | Quarterly | 06/20/2028 | 0.722 | USD | 12,250,000 | (111,367) | (149,128) | (37,761) |
Subtotal - Depreciation | (795,883) | (2,571,774) | (1,775,891) | |||||||
Total Centrally Cleared Credit Default Swap Agreements | $(675,673) | $(2,263,986) | $(1,588,313) |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
(a) | Centrally cleared swap agreements collateralized by $32,882,473 cash held with Counterparties. |
(b) | Implied credit spreads represent the current level, as of July 31, 2023, at which protection could be bought or sold given the terms of the existing credit default swap agreement and serve as an indicator of the current status of the payment/performance risk of the credit default swap agreement. An implied credit spread that has widened or increased since entry into the initial agreement may indicate a deteriorating credit profile and increased risk of default for the reference entity. A declining or narrowing spread may indicate an improving credit profile or decreased risk of default for the reference entity. Alternatively, credit spreads may increase or decrease reflecting the general tolerance for risk in the credit markets generally. |
Open Centrally Cleared Interest Rate Swap Agreements(a) | ||||||||||
Pay/ Receive Floating Rate | Floating Rate Index | Payment Frequency | (Pay)/ Receive Fixed Rate | Payment Frequency | Maturity Date | Notional Value | Upfront Payments Paid (Received) | Value | Unrealized Appreciation (Depreciation) | |
Interest Rate Risk | ||||||||||
Pay | TTHORON | Quarterly | 2.71% | Quarterly | 05/29/2033 | THB | 274,750,000 | $— | $6,228 | $6,228 |
Receive | 6 Month ADBB | Semi-Annually | (4.41) | Semi-Annually | 06/22/2033 | AUD | 28,600,000 | — | 23,352 | 23,352 |
Receive | 3 Month CZK PRIBOR | Quarterly | (7.02) | Annually | 02/10/2024 | CZK | 725,000,000 | — | 30,811 | 30,811 |
Pay | 3 Month ADBB | Quarterly | 4.21 | Quarterly | 06/22/2026 | AUD | 83,660,000 | — | 64,920 | 64,920 |
Receive | TTHORON | Quarterly | (2.35) | Quarterly | 05/29/2028 | THB | 1,032,500,000 | — | 118,699 | 118,699 |
Pay | BZDIOVRA | At Maturity | 8.68 | At Maturity | 01/04/2027 | BRL | 56,292,938 | — | 167,529 | 167,529 |
Receive | SOFR | Annually | (3.24) | Annually | 07/25/2033 | USD | 45,850,000 | — | 198,154 | 198,154 |
Pay | 28 Day MXN TIIE | 28 Days | 9.13 | 28 Days | 02/11/2028 | MXN | 163,100,000 | — | 211,649 | 211,649 |
Receive | TTHORON | Quarterly | (2.26) | Quarterly | 04/24/2028 | THB | 1,015,000,000 | — | 253,100 | 253,100 |
Receive | SIBCSORA | Semi-Annually | (2.59) | Semi-Annually | 07/26/2043 | SGD | 44,100,000 | — | 279,291 | 279,291 |
Receive | 3 Month JIBAR | Quarterly | (6.61) | Quarterly | 10/19/2026 | ZAR | 119,500,000 | 455 | 298,796 | 298,341 |
Receive | 3 Month JIBAR | Quarterly | (6.65) | Quarterly | 10/11/2026 | ZAR | 124,250,000 | — | 312,724 | 312,724 |
Receive | CPTFEMU | At Maturity | (2.47) | At Maturity | 06/15/2028 | EUR | 42,000,000 | — | 315,029 | 315,029 |
Receive | SOFR | Annually | (3.59) | Annually | 06/01/2028 | USD | 23,100,000 | — | 418,859 | 418,859 |
Pay | BZDIOVRA | At Maturity | 11.30 | At Maturity | 01/02/2026 | BRL | 181,797,497 | — | 448,592 | 448,592 |
Receive | CPURNSA | At Maturity | (2.53) | At Maturity | 06/07/2033 | USD | 49,140,000 | — | 456,334 | 456,334 |
Receive | SOFR | Annually | (3.26) | Annually | 05/25/2053 | USD | 22,386,000 | — | 482,128 | 482,128 |
Pay | CLICP | Semi-Annually | 7.87 | Semi-Annually | 04/11/2025 | CLP | 14,700,000,000 | — | 514,836 | 514,836 |
Receive | FBIL Overnight MIBOR | Semi-Annually | (5.65) | Semi-Annually | 02/17/2027 | INR | 1,837,500,000 | — | 604,272 | 604,272 |
Receive | CPURNSA | At Maturity | (2.43) | At Maturity | 05/12/2028 | USD | 74,690,000 | — | 606,787 | 606,787 |
Pay | BZDIOVRA | At Maturity | 11.07 | At Maturity | 01/02/2026 | BRL | 194,835,124 | — | 799,636 | 799,636 |
Receive | 28 Day MXN TIIE | 28 Days | (8.35) | 28 Days | 03/06/2025 | MXN | 551,250,000 | — | 849,610 | 849,610 |
Pay | BZDIOVRA | At Maturity | 11.72 | At Maturity | 01/02/2026 | BRL | 174,013,173 | — | 908,625 | 908,625 |
Receive | CPURNSA | At Maturity | (2.48) | At Maturity | 05/11/2028 | USD | 187,075,000 | — | 1,049,246 | 1,049,246 |
Receive | SOFR | Annually | (3.50) | Annually | 05/30/2033 | USD | 69,650,000 | 74,483 | 1,138,966 | 1,064,483 |
Pay | SOFR | Annually | 3.77 | Annually | 08/09/2033 | USD | 192,290,000 | (43,745) | 1,258,067 | 1,301,812 |
Subtotal — Appreciation | 31,193 | 11,816,240 | 11,785,047 | |||||||
Interest Rate Risk | ||||||||||
Pay | SOFR | Annually | 3.30 | Annually | 05/11/2028 | USD | 191,625,000 | — | (5,885,894) | (5,885,894) |
Pay | SOFR | Annually | 2.94 | Annually | 04/24/2034 | USD | 78,750,000 | — | (3,720,076) | (3,720,076) |
Pay | SONIA | Annually | 4.24 | Annually | 05/30/2025 | GBP | 118,160,000 | — | (3,652,290) | (3,652,290) |
Pay | SOFR | Annually | 3.22 | Annually | 05/12/2028 | USD | 76,510,000 | — | (2,626,212) | (2,626,212) |
Pay | 6 Month EURIBOR | Semi-Annually | 3.05 | Annually | 05/20/2025 | EUR | 405,972,000 | — | (2,109,724) | (2,109,724) |
Pay | 6 Month EURIBOR | Semi-Annually | 2.55 | Annually | 04/24/2034 | EUR | 37,800,000 | — | (1,548,625) | (1,548,625) |
Pay | SOFR | Annually | 3.53 | Annually | 05/25/2028 | USD | 69,994,000 | — | (1,445,873) | (1,445,873) |
Receive | COOVIBR | Quarterly | (9.86) | Quarterly | 09/09/2032 | COP | 25,200,000,000 | — | (826,718) | (826,718) |
Pay | SOFR | Annually | 3.37 | Annually | 12/15/2032 | USD | 29,820,000 | — | (789,194) | (789,194) |
Receive | COOVIBR | Quarterly | (9.91) | Quarterly | 01/17/2028 | COP | 42,590,000,000 | — | (779,928) | (779,928) |
Receive | CLICP | Semi-Annually | (6.30) | Semi-Annually | 03/09/2028 | CLP | 13,125,000,000 | — | (776,217) | (776,217) |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Centrally Cleared Interest Rate Swap Agreements(a)—(continued) | ||||||||||
Pay/ Receive Floating Rate | Floating Rate Index | Payment Frequency | (Pay)/ Receive Fixed Rate | Payment Frequency | Maturity Date | Notional Value | Upfront Payments Paid (Received) | Value | Unrealized Appreciation (Depreciation) | |
Receive | COOVIBR | Quarterly | (9.06)% | Quarterly | 05/16/2032 | COP | 25,900,000,000 | $— | $(487,514) | $(487,514) |
Pay | CPTFEMU | At Maturity | 2.49 | At Maturity | 06/15/2033 | EUR | 42,000,000 | — | (484,836) | (484,836) |
Receive | COOVIBR | Quarterly | (9.01) | Quarterly | 05/24/2032 | COP | 25,400,000,000 | — | (465,593) | (465,593) |
Receive | COOVIBR | Quarterly | (8.88) | Quarterly | 05/09/2032 | COP | 27,000,000,000 | — | (427,165) | (427,165) |
Pay | NFIX3FRA | Quarterly | 4.37 | Semi-Annually | 03/23/2028 | NZD | 37,800,000 | — | (423,254) | (423,254) |
Receive | COOVIBR | Quarterly | (9.85) | Quarterly | 07/21/2032 | COP | 12,010,000,000 | — | (400,891) | (400,891) |
Receive | COOVIBR | Quarterly | (9.71) | Quarterly | 07/21/2032 | COP | 12,332,000,000 | — | (384,542) | (384,542) |
Receive | COOVIBR | Quarterly | (11.46) | Quarterly | 11/01/2024 | COP | 96,250,000,000 | — | (335,627) | (335,627) |
Pay | CORRA | Semi-Annually | 3.53 | Semi-Annually | 07/14/2033 | CAD | 28,000,000 | 44,819 | (281,199) | (326,018) |
Pay | CORRA | Semi-Annually | 3.55 | Semi-Annually | 07/17/2033 | CAD | 28,000,000 | 42,912 | (249,770) | (292,682) |
Pay | NFIX3FRA | Quarterly | 4.35 | Semi-Annually | 05/19/2028 | NZD | 25,200,000 | — | (291,260) | (291,260) |
Receive | FBIL Overnight MIBOR | Semi-Annually | (7.02) | Semi-Annually | 05/25/2027 | INR | 1,312,500,000 | — | (276,968) | (276,968) |
Pay | CPURNSA | At Maturity | 2.50 | At Maturity | 06/07/2028 | USD | 49,140,000 | — | (270,758) | (270,758) |
Pay | TTHORON | Quarterly | 2.00 | Quarterly | 04/24/2025 | THB | 1,228,500,000 | — | (200,771) | (200,771) |
Receive | 3 Month JIBAR | Quarterly | (9.87) | Quarterly | 06/15/2033 | ZAR | 98,700,000 | — | (197,650) | (197,650) |
Pay | TTHORON | Quarterly | 2.11 | Quarterly | 05/29/2025 | THB | 1,242,500,000 | — | (137,116) | (137,116) |
Pay | 6 Month EURIBOR | Semi-Annually | 3.74 | Annually | 03/14/2025 | EUR | 113,162,000 | — | (130,460) | (130,460) |
Receive | COOVIBR | Quarterly | (8.54) | Quarterly | 05/27/2032 | COP | 9,450,000,000 | — | (104,019) | (104,019) |
Pay | 28 Day MXN TIIE | 28 Days | 9.25 | 28 Days | 02/10/2025 | MXN | 752,500,000 | — | (98,943) | (98,943) |
Pay | 6 Month ADBB | Semi-Annually | 4.59 | Semi-Annually | 07/24/2033 | AUD | 70,350,000 | — | (90,778) | (90,778) |
Pay | TTHORON | Quarterly | 2.60 | Quarterly | 04/24/2033 | THB | 268,800,000 | — | (76,577) | (76,577) |
Receive | 6 Month WIBOR | Semi-Annually | (4.81) | Annually | 07/14/2028 | PLN | 21,000,000 | — | (42,524) | (42,524) |
Pay | 28 Day MXN TIIE | 28 Days | 9.40 | 28 Days | 02/10/2025 | MXN | 787,500,000 | — | (40,440) | (40,440) |
Subtotal — Depreciation | 87,731 | (30,059,406) | (30,147,137) | |||||||
Total Centrally Cleared Interest Rate Swap Agreements | $118,924 | $(18,243,166) | $(18,362,090) |
(a) | Centrally cleared swap agreements collateralized by $32,882,473 cash held with Counterparties. |
Open Over-The-Counter Credit Default Swap Agreements(a) | |||||||||||
Counterparty | Reference Entity | Buy/Sell Protection | (Pay)/ Receive Fixed Rate | Payment Frequency | Maturity Date | Implied Credit Spread(b) | Notional Value | Upfront Payments Paid (Received) | Value | Unrealized Appreciation (Depreciation) | |
Credit Risk | |||||||||||
Citibank, N.A. | Assicurazioni Generali S.p.A. | Sell | 1.00% | Quarterly | 12/20/2024 | 0.432% | EUR | 7,500,000 | $20,488 | $31,869 | $11,381 |
Goldman Sachs International | Markit iTraxx Europe Crossover Index, Series 32, Version 5 | Sell | 5.00 | Quarterly | 12/20/2024 | 1.806 | EUR | 7,100,000 | 271,593 | 336,414 | 64,821 |
J.P. Morgan Chase Bank, N.A. | Markit CDX Investment Grade Index, Series 33, Version 1 | Sell | 1.00 | Quarterly | 12/20/2024 | 7.518 | USD | 7,000,000 | (711,786) | (589,572) | 122,215 |
Subtotal—Appreciation | (419,705) | (221,289) | 198,417 |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Open Over-The-Counter Credit Default Swap Agreements(a)—(continued) | |||||||||||
Counterparty | Reference Entity | Buy/Sell Protection | (Pay)/ Receive Fixed Rate | Payment Frequency | Maturity Date | Implied Credit Spread(b) | Notional Value | Upfront Payments Paid (Received) | Value | Unrealized Appreciation (Depreciation) | |
Credit Risk | |||||||||||
Citibank, N.A. | Assicurazioni Generali S.p.A. | Buy | (1.00)% | Quarterly | 12/20/2024 | 0.683% | EUR | 3,750,000 | $13,309 | $(17,789) | $(31,098) |
Goldman Sachs International | Markit CDX North America High Yield Index, Series 37, Version 1 | Buy | (5.00) | Quarterly | 12/20/2026 | 0.278 | USD | 15,000,000 | (2,064,486) | (2,166,387) | (101,901) |
J.P. Morgan Chase Bank, N.A. | Royal Bank of Scotland Group PLC (The) | Buy | (1.00) | Quarterly | 06/20/2027 | 1.099 | EUR | 5,250,000 | 143,455 | 20,827 | (122,629) |
J.P. Morgan Chase Bank, N.A. | Markit CDX North America High Yield Index, Series 39, Version 2 | Buy | (5.00) | Quarterly | 12/20/2027 | 0.555 | USD | 21,000,000 | (3,392,804) | (3,555,689) | (162,885) |
Subtotal—Depreciation | (5,300,526) | (5,719,038) | (418,513) | ||||||||
Total Open Over-The-Counter Credit Default Swap Agreements | $(5,720,231) | $(5,940,327) | $(220,096) |
(a) | Over-The-Counter options purchased, options written and swap agreements are collateralized by cash held with Counterparties in the amount of $40,918,000. |
(b) | Implied credit spreads represent the current level, as of July 31, 2023, at which protection could be bought or sold given the terms of the existing credit default swap agreement and serve as an indicator of the current status of the payment/performance risk of the credit default swap agreement. An implied credit spread that has widened or increased since entry into the initial agreement may indicate a deteriorating credit profile and increased risk of default for the reference entity. A declining or narrowing spread may indicate an improving credit profile or decreased risk of default for the reference entity. Alternatively, credit spreads may increase or decrease reflecting the general tolerance for risk in the credit markets generally. |
See accompanying notes which are an integral part of this consolidated schedule.
Invesco Global Strategic Income Fund
Abbreviations: | |
ADBB | —Australian Dollar Bank Bill |
AUD | —Australian Dollar |
BRL | —Brazilian Real |
BZDIOVRA | —Brazil Ceptip DI Interbank Deposit Rate |
CAD | —Canadian Dollar |
CLICP | —Sinacofi Chile Interbank Rate Avg (CAMARA) |
CLP | —Chile Peso |
CNH | —Chinese Renminbi |
CNY | —Chinese Yuan Renminbi |
COOVIBR | —Colombia IBR Overnight Nominal Interbank Reference Rate |
COP | —Colombia Peso |
CORRA | —Canadian Overnight Repo Rate Average |
CPTFEMU | —Eurostat Eurozone HICP ex Tobacco Unrevised Series NSA |
CZK | —Czech Koruna |
EUR | —Euro |
EURIBOR | —Euro Interbank Offered Rate |
FBIL | —Financial Benchmarks India Private Ltd. |
GBP | —British Pound Sterling |
HUF | —Hungarian Forint |
IDR | —Indonesian Rupiah |
INR | —Indian Rupee |
JIBAR | —Johannesburg Interbank Average Rate |
JPY | —Japanese Yen |
KRW | —South Korean Won |
MIBOR | —Mumbai Interbank Offered Rate |
MXN | —Mexican Peso |
NFIX3FRA | —New Zealand Bank Bill 3 Month Forward Rate Agreement |
NOK | —Norwegian Krone |
NZD | —New Zealand Dollar |
PEN | —Peruvian Sol |
PLN | —Polish Zloty |
PRIBOR | —Prague Interbank Offerred Rate |
SEK | —Swedish Krona |
SGD | —Singapore Dollar |
SIBCSORA | —Singapore Overnight Rate Average |
SOFR | —Secured Overnight Financing Rate |
SONIA | —Sterling Overnight Index Average |
THB | —Thai Baht |
TIIE | —Interbank Equilibrium Interest Rate |
TONAR | —Tokyo Overnight Average Rate |
TTHORON | —Thai Overnight Repurchase Rate |
TWD | —New Taiwan Dollar |
USD | —U.S. Dollar |
WIBOR | —Warsaw Interbank Offered Rate |
ZAR | —South African Rand |
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 consolidated schedule.
Invesco Global Strategic Income Fund
Notes to Quarterly Consolidated 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 consolidated 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 | ||||
Non-U.S. Dollar Denominated Bonds & Notes | $— | $616,822,537 | $— | $616,822,537 |
U.S. Dollar Denominated Bonds & Notes | — | 460,857,610 | — | 460,857,610 |
Asset-Backed Securities | — | 150,319,221 | 9,788,626 | 160,107,847 |
U.S. Government Sponsored Agency Mortgage-Backed Securities | — | 105,321,405 | — | 105,321,405 |
U.S. Treasury Securities | — | 74,138,641 | — | 74,138,641 |
Agency Credit Risk Transfer Notes | — | 50,727,488 | — | 50,727,488 |
Common Stocks & Other Equity Interests | 29,250,676 | 427,559 | 14,807 | 29,693,042 |
Variable Rate Senior Loan Interests | — | 6,156,784 | 1,733,384 | 7,890,168 |
Preferred Stocks | — | 126,746 | 40,950 | 167,696 |
Money Market Funds | 107,817,674 | 58,925,830 | — | 166,743,504 |
Options Purchased | — | 44,842,400 | — | 44,842,400 |
Total Investments in Securities | 137,068,350 | 1,568,666,221 | 11,577,767 | 1,717,312,338 |
Other Investments - Assets* | ||||
Futures Contracts | 609,402 | — | — | 609,402 |
Forward Foreign Currency Contracts | — | 27,959,153 | — | 27,959,153 |
Swap Agreements | — | 12,171,042 | — | 12,171,042 |
609,402 | 40,130,195 | — | 40,739,597 | |
Other Investments - Liabilities* | ||||
Futures Contracts | (4,721,493) | — | — | (4,721,493) |
Forward Foreign Currency Contracts | — | (47,756,186) | — | (47,756,186) |
Options Written | — | (51,741,365) | — | (51,741,365) |
Swap Agreements | — | (32,341,541) | — | (32,341,541) |
(4,721,493) | (131,839,092) | — | (136,560,585) | |
Total Other Investments | (4,112,091) | (91,708,897) | — | (95,820,988) |
Total Investments | $132,956,259 | $1,476,957,324 | $11,577,767 | $1,621,491,350 |
* | Forward foreign currency contracts, futures contracts and swap agreements are valued at unrealized appreciation (depreciation). Options written are shown at value. |
Invesco Global Strategic Income Fund