Schedule of Investments
May 31, 2022
(Unaudited)
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Variable Rate Senior Loan Interests–108.34%(b)(c) | ||||||||||||||||||
Aerospace & Defense–6.43% | ||||||||||||||||||
Boeing Co., Revolver Loan (d)(e) | 0.00% | 10/30/2022 | $ | 9,182 | $ 9,112,713 | |||||||||||||
Brown Group Holding LLC, Term Loan B (1 mo. USD LIBOR + 2.50%) | 3.51% | 06/07/2028 | 501 | 476,956 | ||||||||||||||
Castlelake Aviation Ltd., Term Loan B (1 mo. USD LIBOR + 2.75%) | 3.58% | 10/25/2026 | 1,492 | 1,438,132 | ||||||||||||||
CEP IV Investment 16 S.a.r.l. (ADB Safegate) (Luxembourg), Term Loan B (3 mo. EURIBOR + 3.50%) | 3.50% | 10/03/2024 | EUR | 161 | 161,307 | |||||||||||||
Dynasty Acquisition Co., Inc. | ||||||||||||||||||
Term Loan B-1 (1 mo. USD LIBOR + 3.50%) | 4.51% | 04/08/2026 | 2,063 | 1,961,479 | ||||||||||||||
Term Loan B-2 (1 mo. USD LIBOR + 3.50%) | 4.51% | 04/08/2026 | 1,108 | 1,053,692 | ||||||||||||||
Gogo Intermediate Holdings LLC, Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.99% | 04/30/2028 | 785 | 760,606 | ||||||||||||||
Greenrock Finance, Inc. | ||||||||||||||||||
Delayed Draw Term Loan B(e) | 0.00% | 04/12/2029 | 109 | 104,930 | ||||||||||||||
Term Loan B(f) | - | 04/12/2029 | 236 | 227,348 | ||||||||||||||
IAP Worldwide Services, Inc. | ||||||||||||||||||
Revolver Loan(d)(e) | 0.00% | 07/18/2023 | 1,946 | 1,946,523 | ||||||||||||||
Second Lien Term Loan (3 mo. USD LIBOR + 6.50%)(d) | 8.00% | 07/18/2023 | 2,104 | 2,103,796 | ||||||||||||||
KKR Apple Bidco LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.00%) | 4.06% | 09/22/2028 | 133 | 127,994 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 5.75%) | 6.81% | 09/21/2029 | 212 | 207,058 | ||||||||||||||
Peraton Corp. | ||||||||||||||||||
First Lien Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 02/01/2028 | 1,557 | 1,513,689 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.75%) | 8.59% | 02/01/2029 | 1,296 | 1,250,093 | ||||||||||||||
Propulsion (BC) Finco S.a.r.l. (Spain), Term Loan B(d)(f) | - | 02/10/2029 | 388 | 378,485 | ||||||||||||||
Spirit AeroSystems, Inc., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 01/15/2025 | 1,114 | 1,089,617 | ||||||||||||||
TransDigm, Inc. | ||||||||||||||||||
Term Loan E (1 mo. USD LIBOR + 2.25%) | 3.31% | 05/30/2025 | 304 | 296,518 | ||||||||||||||
Term Loan F (1 mo. USD LIBOR + 2.25%) | 3.31% | 12/09/2025 | 3,307 | 3,229,046 | ||||||||||||||
Vectra Co., First Lien Term Loan (3 mo. USD LIBOR + 3.25%) | 4.31% | 03/08/2025 | 214 | 168,141 | ||||||||||||||
27,608,123 | ||||||||||||||||||
Air Transport–3.46% | ||||||||||||||||||
AAdvantage Loyalty IP Ltd., Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.81% | 04/20/2028 | 3,557 | 3,554,977 | ||||||||||||||
Air Canada (Canada), Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.25% | 08/11/2028 | 1,337 | 1,307,197 | ||||||||||||||
American Airlines, Inc. | ||||||||||||||||||
Term Loan (3 mo. USD LIBOR + 1.75%) | 2.77% | 06/27/2025 | 1,269 | 1,169,618 | ||||||||||||||
Term Loan B (3 mo. USD LIBOR + 2.00%) | 2.84% | 12/15/2023 | 116 | 114,285 | ||||||||||||||
Avolon TLB Borrower 1 (US) LLC, Term Loan B-4 (1 mo. USD LIBOR + 1.50%) | 2.43% | 02/12/2027 | 186 | 179,146 | ||||||||||||||
eTraveli Group (Sweden), Term Loan B-1 (3 mo. EURIBOR + 4.50%) | 4.50% | 08/02/2024 | EUR | 398 | 425,163 | |||||||||||||
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., Term Loan (1 mo. USD LIBOR + 5.25%) | 6.25% | 06/21/2027 | 1,494 | 1,520,022 | ||||||||||||||
PrimeFlight Aviation Services, Inc., Term Loan(d) | 7.25% | 05/09/2024 | 423 | 422,888 | ||||||||||||||
SkyMiles IP Ltd., Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 10/20/2027 | 1,797 | 1,820,199 | ||||||||||||||
United Airlines, Inc., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.71% | 04/21/2028 | 3,251 | 3,177,998 | ||||||||||||||
WestJet Airlines Ltd. (Canada), Term Loan B (1 mo. USD LIBOR + 3.00%) | 5.00% | 12/11/2026 | 1,253 | 1,172,086 | ||||||||||||||
14,863,579 | ||||||||||||||||||
Automotive–2.19% | ||||||||||||||||||
Adient PLC, Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 04/10/2028 | 1,026 | 972,638 | ||||||||||||||
Autokiniton US Holdings, Inc., Term Loan B (1 mo. USD LIBOR + 4.50%) | 5.35% | 04/06/2028 | 1,915 | 1,823,625 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Automotive–(continued) | ||||||||||||||||||
BCA Marketplace (United Kingdom) | ||||||||||||||||||
Second Lien Term Loan B | 8.19% | 07/30/2029 | GBP | 481 | $ 568,007 | |||||||||||||
Term Loan B | 4.95% | 06/30/2028 | GBP | 184 | 214,853 | |||||||||||||
Driven Holdings LLC, Term Loan B (1 mo. USD LIBOR + 3.25%)(d) | 3.52% | 11/20/2028 | $ | 309 | 298,198 | |||||||||||||
Highline Aftermarket Acquisition LLC, Term Loan (1 mo. USD LIBOR + 4.50%) | 5.51% | 11/09/2027 | 1,516 | 1,424,166 | ||||||||||||||
Mavis Tire Express Services TopCo L.P., Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.00% | 05/01/2028 | 2,935 | 2,821,287 | ||||||||||||||
PowerStop LLC, Term Loan B (1 mo. USD LIBOR + 4.75%)(d) | 5.99% | 01/24/2029 | 635 | 559,020 | ||||||||||||||
Superior Industries International, Inc., Term Loan (3 mo. USD LIBOR + 4.00%) | 5.06% | 05/22/2024 | 576 | 561,707 | ||||||||||||||
ThermaSys Corp., Term Loan(d)(f) | - | 10/02/2023 | 4 | 2,947 | ||||||||||||||
Winter Park Intermediate, Inc., Term Loan B (1 mo. USD LIBOR + 4.50%) | 5.43% | 05/11/2028 | 185 | 153,617 | ||||||||||||||
9,400,065 | ||||||||||||||||||
Beverage & Tobacco–2.36% | ||||||||||||||||||
AI Aqua Merger Sub, Inc. | ||||||||||||||||||
Delayed Draw Term Loan(f) | - | 07/31/2028 | 312 | 297,267 | ||||||||||||||
Incremental Term Loan(f) | - | 07/30/2028 | 1,373 | 1,307,972 | ||||||||||||||
Term Loan B (1 mo. SOFR + 3.75%) | 4.54% | 07/31/2028 | 5,693 | 5,429,668 | ||||||||||||||
Arctic Glacier U.S.A., Inc., Term Loan (3 mo. USD LIBOR + 3.50%) | 4.51% | 03/20/2024 | 395 | 345,377 | ||||||||||||||
City Brewing Co. LLC, Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.47% | 03/31/2028 | 1,401 | 1,310,267 | ||||||||||||||
Naked Juice LLC | ||||||||||||||||||
Second Lien Term Loan (1 mo. SOFR + 6.00%) | 6.75% | 01/20/2030 | 798 | 773,377 | ||||||||||||||
Term Loan B (3 mo. SOFR + 3.25%) | 4.00% | 01/19/2029 | 95 | 93,144 | ||||||||||||||
Waterlogic Holdings Ltd. (United Kingdom), Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.76% | 08/17/2028 | 579 | 567,570 | ||||||||||||||
10,124,642 | ||||||||||||||||||
Brokers, Dealers & Investment Houses–0.13% | ||||||||||||||||||
AqGen Island Intermediate Holdings, Inc. | ||||||||||||||||||
First Lien Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 08/02/2028 | 548 | 527,771 | ||||||||||||||
Second Lien Term Loan B (1 mo. USD LIBOR + 6.50%) | 7.50% | 08/05/2029 | 21 | 19,726 | ||||||||||||||
547,497 | ||||||||||||||||||
Building & Development–2.08% | ||||||||||||||||||
Brookfield Retail Holdings VII Sub 3 LLC, Term Loan B (3 mo. USD LIBOR + 2.50%) | 3.63% | 08/27/2025 | 158 | 151,486 | ||||||||||||||
Icebox Holdco III, Inc. | ||||||||||||||||||
Delayed Draw Term Loan(e) | 0.00% | 12/22/2028 | 171 | 162,853 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.76% | 12/21/2029 | 302 | 288,191 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.76% | 12/22/2028 | 825 | 787,124 | ||||||||||||||
LBM Holdings LLC, Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 12/17/2027 | 88 | 80,817 | ||||||||||||||
LHS Borrow LLC (Leaf Home Solutions), Term Loan B | 5.88% | 02/16/2029 | 1,355 | 1,179,202 | ||||||||||||||
Mayfair Mall LLC, Term Loan(d)(f) | - | 04/20/2023 | 583 | 534,968 | ||||||||||||||
Modulaire (United Kingdom), Term Loan B (3 mo. EURIBOR + 4.50%) | 4.50% | 10/08/2028 | EUR | 233 | 236,170 | |||||||||||||
Oldcastle BuildingEnvelope, Inc., Term Loan B(f) | - | 04/29/2029 | 1,243 | 1,141,286 | ||||||||||||||
Quikrete Holdings, Inc. | ||||||||||||||||||
First Lien Term Loan (3 mo. USD LIBOR + 2.63%) | 3.68% | 02/01/2027 | 615 | 589,368 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.00%) | 4.06% | 06/11/2028 | 1,295 | 1,250,925 | ||||||||||||||
Re/Max LLC, Term Loan (1 mo. USD LIBOR + 2.50%) | 3.56% | 07/21/2028 | 1,396 | 1,324,793 | ||||||||||||||
SRS Distribution, Inc., Incremental Term Loan (1 mo. SOFR + 3.50%) | 4.00% | 06/04/2028 | 192 | 182,545 | ||||||||||||||
TAMKO Building Products LLC, Term Loan (1 mo. USD LIBOR + 3.00%) | 4.01% | 05/29/2026 | 167 | 161,111 | ||||||||||||||
Werner FinCo L.P., Term Loan (3 mo. USD LIBOR + 4.00%)(d) | 5.01% | 07/24/2024 | 913 | 876,329 | ||||||||||||||
8,947,168 | ||||||||||||||||||
Business Equipment & Services–12.68% | ||||||||||||||||||
Aegion Corp., Term Loan B (1 mo. USD LIBOR + 4.75%)(d) | 5.64% | 05/17/2028 | 489 | 470,998 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Business Equipment & Services–(continued) | ||||||||||||||||||
Allied Universal Holdco LLC | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 05/12/2028 | $ | 1,278 | $ 1,212,230 | |||||||||||||
Term Loan B (3 mo. EURIBOR + 3.75%) | 3.75% | 05/12/2028 | EUR | 111 | 109,353 | |||||||||||||
Blucora, Inc., Term Loan (3 mo. USD LIBOR + 4.00%) | 5.01% | 05/22/2024 | 923 | 909,373 | ||||||||||||||
Camelot Finance L.P. | ||||||||||||||||||
Incremental Term Loan B (1 mo. USD LIBOR + 3.00%) | 4.06% | 10/30/2026 | 1,843 | 1,788,576 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.00%) | 4.06% | 10/30/2026 | 1,300 | 1,254,746 | ||||||||||||||
Checkout Holding Corp. | ||||||||||||||||||
PIK Term Loan, 9.50% PIK Rate, 1.87% Cash Rate (Acquired 06/28/2021; Cost $4,100)(g)(h) | 9.50% | 08/15/2023 | 4 | 1,495 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 7.50%) (Acquired 02/15/2019; Cost $204,286)(h) | 8.50% | 02/15/2023 | 205 | 179,060 | ||||||||||||||
Cimpress USA, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 05/17/2028 | 746 | 711,664 | ||||||||||||||
Constant Contact | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.50%) | 8.51% | 02/15/2029 | 818 | 799,530 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.01% | 02/10/2028 | 1,552 | 1,485,499 | ||||||||||||||
CRCI Longhorn Holdings, Inc., Second Lien Term Loan (3 mo. USD LIBOR + 7.25%) | 8.26% | 08/08/2026 | 72 | 70,143 | ||||||||||||||
Creation Technologies, Inc., Term Loan B (1 mo. USD LIBOR + 5.50%)(d) | 6.46% | 10/05/2028 | 756 | 714,375 | ||||||||||||||
Dakota Holding Corp., Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.81% | 04/07/2028 | 678 | 664,794 | ||||||||||||||
Dun & Bradstreet Corp. (The) | ||||||||||||||||||
Incremental Term Loan B (1 mo. SOFR + 3.25%) | 4.23% | 01/18/2029 | 415 | 403,443 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 09/11/2025 | 2,120 | 1,994,671 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.25%) | 4.27% | 02/06/2026 | 847 | 823,661 | ||||||||||||||
Ensono L.P., Term Loan B (1 mo. USD LIBOR + 4.00%) | 4.75% | 05/26/2028 | 766 | 739,897 | ||||||||||||||
Garda World Security Corp. (Canada) | ||||||||||||||||||
Incremental Term Loan (1 mo. SOFR + 4.25%) | 5.21% | 02/11/2029 | 965 | 909,276 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 4.25%) | 5.26% | 10/30/2026 | 1,714 | 1,615,625 | ||||||||||||||
GI Revelation Acquisition LLC, First Lien Term Loan (1 mo. USD LIBOR + 4.00%) | 5.06% | 05/12/2028 | 2,880 | 2,740,102 | ||||||||||||||
Grandir (France) | ||||||||||||||||||
Delayed Draw Term Loan (1 mo. EURIBOR + 4.25%) | 4.25% | 10/21/2028 | EUR | 35 | 36,573 | |||||||||||||
Term Loan B-1 (1 mo. EURIBOR + 4.25%) | 4.25% | 10/21/2028 | EUR | 209 | 219,437 | |||||||||||||
Holding Socotec (France), Term Loan B (1 mo. USD LIBOR + 4.25%)(d) | 5.26% | 06/30/2028 | 81 | 78,232 | ||||||||||||||
I-Logic Tech Bidco Ltd. (United Kingdom), First Lien Term Loan B(f) | - | 02/16/2028 | EUR | 140 | 145,037 | |||||||||||||
I-Logic Technologies Bidco Ltd. (United Kingdom), Term Loan (1 mo. SOFR + 4.00%) | 5.08% | 02/16/2028 | 434 | 420,871 | ||||||||||||||
INDIGOCYAN Midco Ltd. (Jersey), Term Loan B (3 mo. SONIA + 4.75%) | 5.81% | 06/23/2024 | GBP | 2,109 | 2,511,839 | |||||||||||||
ION Trading Technologies S.a.r.l. (Luxembourg) | ||||||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.81% | 03/31/2028 | 1,030 | 990,199 | ||||||||||||||
Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 04/01/2028 | EUR | 525 | 542,310 | |||||||||||||
Karman Buyer Corp., Term Loan (1 mo. USD LIBOR + 4.50%) | 5.56% | 10/28/2027 | 2,276 | 2,127,549 | ||||||||||||||
Monitronics International, Inc. | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 7.50%) | 8.75% | 03/29/2024 | 5,104 | 3,355,922 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 6.00%) | 7.50% | 07/03/2024 | 3,129 | 3,136,532 | ||||||||||||||
NAS LLC | ||||||||||||||||||
Incremental Term Loan (3 mo. USD LIBOR + 6.50)(d) | 7.43% | 06/03/2024 | 1,739 | 1,742,068 | ||||||||||||||
Revolver Loan (3 mo. USD LIBOR + 6.50)(d) | 7.50% | 06/03/2024 | 103 | 102,925 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 06/03/2024 | 411 | 411,699 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 6.50)(d) | 7.50% | 06/03/2024 | 5,008 | 5,017,624 | ||||||||||||||
OCM System One Buyer CTB LLC, Term Loan (1 mo. USD LIBOR + 4.00%)(d) | 4.75% | 03/02/2028 | 741 | 709,541 | ||||||||||||||
Orchid Merger Sub II LLC, Term Loan B (1 mo. SOFR + 4.75%)(d) | 6.12% | 07/27/2027 | 1,681 | 1,647,301 | ||||||||||||||
Protect America, Revolver Loan (1 mo. USD LIBOR + 3.00%)(d) | 5.18% | 09/01/2024 | 1,325 | 1,265,592 | ||||||||||||||
Red Ventures LLC (New Imagitas, Inc.), Term Loan B-3 (1 mo. USD LIBOR + 3.50%) | 4.56% | 11/08/2024 | 875 | 847,575 | ||||||||||||||
Sitel Worldwide Corp., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 08/28/2028 | 206 | 200,989 | ||||||||||||||
Skillsoft Corp., Term Loan B (1 mo. SOFR + 4.75%) | 6.19% | 07/14/2028 | 1,419 | 1,366,380 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Business Equipment & Services–(continued) | ||||||||||||||||||
Solera, Term Loan B (1 mo. SONIA + 5.25%) | 6.19% | 06/05/2028 | GBP | 235 | $ 283,550 | |||||||||||||
Spin Holdco, Inc., Term Loan B (1 mo. USD LIBOR + 4.00%) | 4.75% | 03/04/2028 | $ | 4,301 | 4,114,015 | |||||||||||||
Sportradar Capital (Switzerland), Term Loan (3 mo. EURIBOR + 3.50%) | 3.50% | 11/22/2027 | EUR | 233 | 243,666 | |||||||||||||
Tempo Acquisition LLC, Term Loan B (1 mo. SOFR + 3.00%) | 4.03% | 08/31/2028 | 33 | 32,094 | ||||||||||||||
Thermostat Purchaser III, Inc. | ||||||||||||||||||
First Lien Delayed Draw Term Loan(d)(f) | - | 08/31/2028 | 23 | 22,437 | ||||||||||||||
First Lien Delayed Draw Term Loan(d)(e) | 0.00% | 06/17/2022 | 87 | 84,141 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.50%)(d) | 6.07% | 08/30/2028 | 472 | 454,622 | ||||||||||||||
Thevelia (US) LLC, First Lien Term Loan B(f) | - | 02/10/2029 | 773 | 745,566 | ||||||||||||||
UnitedLex Corp., Term Loan (1 mo. USD LIBOR + 5.75%)(d) | 6.68% | 03/20/2027 | 532 | 527,141 | ||||||||||||||
Verra Mobility Corp., Term Loan B (1 mo. USD LIBOR + 3.25%) | 3.60% | 03/19/2028 | 3 | 3,235 | ||||||||||||||
Virtusa Corp. | ||||||||||||||||||
Incremental Term Loan B(f) | - | 02/08/2029 | 205 | 195,395 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 02/11/2028 | 659 | 627,797 | ||||||||||||||
WebHelp (France), Term Loan B (2 mo. SORF + 3.75%) | 4.25% | 08/04/2028 | 628 | 618,655 | ||||||||||||||
54,427,020 | ||||||||||||||||||
Cable & Satellite Television–1.71% | ||||||||||||||||||
Altice Financing S.A. (Luxembourg) | ||||||||||||||||||
Term Loan (3 mo. USD LIBOR + 2.75%) | 3.79% | 07/15/2025 | 355 | 339,300 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 2.75%) | 3.79% | 01/31/2026 | 165 | 157,207 | ||||||||||||||
Atlantic Broadband Finance LLC, Incremental Term Loan (1 mo. USD LIBOR + 2.50%) | 3.56% | 09/01/2028 | 100 | 98,027 | ||||||||||||||
CSC Holdings LLC | ||||||||||||||||||
Incremental Term Loan (3 mo. USD LIBOR + 2.25%) | 3.12% | 01/15/2026 | 424 | 402,993 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 2.25%) | 3.12% | 07/17/2025 | 703 | 670,673 | ||||||||||||||
Numericable-SFR S.A. (France), Incremental Term Loan B-13 (3 mo. USD LIBOR + 4.00%) | 5.41% | 08/14/2026 | 531 | 502,434 | ||||||||||||||
ORBCOMM, Inc., Term Loan B (1 mo. USD LIBOR + 4.25%) | 5.31% | 09/01/2028 | 388 | 374,877 | ||||||||||||||
Telenet - LG, Term Loan AR (1 mo. USD LIBOR + 2.00%) | 2.87% | 04/30/2028 | 205 | 197,705 | ||||||||||||||
UPC - LG | ||||||||||||||||||
Term Loan AT (1 mo. USD LIBOR + 2.25%) | 3.12% | 04/30/2028 | 255 | 245,540 | ||||||||||||||
Term Loan AX (1 mo. USD LIBOR + 3.00%) | 3.87% | 01/31/2029 | 1,981 | 1,922,074 | ||||||||||||||
Virgin Media 02 - LG (United Kingdom), Term Loan Q (1 mo. USD LIBOR + 3.25%) | 4.12% | 01/31/2029 | 2,443 | 2,402,754 | ||||||||||||||
Vodafone Ziggo - LG, Term Loan I (1 mo. USD LIBOR + 2.50%) | 3.37% | 04/30/2028 | 27 | 26,028 | ||||||||||||||
7,339,612 | ||||||||||||||||||
Chemicals & Plastics–3.03% | ||||||||||||||||||
AkzoNoble Chemicals, Term Loan (3 mo. USD LIBOR + 3.00%) | 4.01% | 10/01/2025 | 859 | 832,613 | ||||||||||||||
Altadia (Spain), Term Loan B(f) | - | 02/17/2029 | EUR | 173 | 172,230 | |||||||||||||
Aruba Investments, Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.00%) | 4.97% | 11/24/2027 | 364 | 348,359 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.75%) | 8.72% | 11/24/2028 | 815 | 798,195 | ||||||||||||||
Arxada (Switzerland), Term Loan B (3 mo. EURIBOR + 4.00%) | 4.00% | 07/03/2028 | EUR | 184 | 184,871 | |||||||||||||
Ascend Performance Materials Operations LLC, Term Loan (1 mo. USD LIBOR + 4.75%) | 5.50% | 08/27/2026 | 2,665 | 2,640,724 | ||||||||||||||
BASF Construction Chemicals (Germany), Term Loan B-3 (1 mo. USD LIBOR + 3.50%)(d) | 4.51% | 09/29/2027 | 551 | 534,430 | ||||||||||||||
Caldic B.V. (Netherlands), Term Loan B(f) | - | 02/04/2029 | 283 | 272,342 | ||||||||||||||
Charter NEX US, Inc., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 12/01/2027 | 509 | 492,786 | ||||||||||||||
Colouroz Investment LLC (Germany) | ||||||||||||||||||
PIK First Lien Term Loan B-2, 0.75% PIK Rate, 5.25% Cash Rate(g) | 0.75% | 09/21/2023 | 667 | 614,766 | ||||||||||||||
PIK First Lien Term Loan C, 0.75% PIK Rate, 5.25% Cash Rate(g) | 0.75% | 09/21/2023 | 100 | 91,770 | ||||||||||||||
PIK Second Lien Term Loan B-2, 5.75% PIK Rate, 5.25% Cash Rate(g) | 5.75% | 09/21/2024 | 14 | 13,114 | ||||||||||||||
Eastman Tire Additives, Term Loan B (1 mo. USD LIBOR + 5.25%)(d) | 6.31% | 11/01/2028 | 725 | 690,597 | ||||||||||||||
Fusion, Term Loan B(d)(f) | - | 02/01/2029 | 501 | 473,160 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Chemicals & Plastics–(continued) | ||||||||||||||||||
ICP Group Holdings LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.75%) | 4.76% | 12/29/2027 | $ | 790 | $ 732,289 | |||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.75%) | 8.76% | 12/29/2028 | 167 | 153,675 | ||||||||||||||
Kersia International S.A.S. (Belgium), Term Loan B (3 mo. EURIBOR + 3.93%) | 3.93% | 12/23/2027 | EUR | 187 | 195,171 | |||||||||||||
Kraton Corp., Term Loan (1 mo. USD LIBOR + 3.99%)(d) | 3.99% | 11/18/2028 | 224 | 219,382 | ||||||||||||||
Lonza Solutions (Switzerland), Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.01% | 07/03/2028 | 122 | 113,666 | ||||||||||||||
Lummus Technology, Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 06/30/2027 | 63 | 60,001 | ||||||||||||||
Oxea Corp., Term Loan B-2 (3 mo. USD LIBOR + 3.25%) | 4.13% | 10/14/2024 | 279 | 272,379 | ||||||||||||||
Perstorp Holding AB (Sweden), Term Loan B (6 mo. USD LIBOR + 4.75%) | 6.25% | 02/27/2026 | 1,086 | 1,072,795 | ||||||||||||||
Potters Industries LLC, Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.01% | 12/14/2027 | 429 | 419,472 | ||||||||||||||
Proampac PG Borrower LLC, First Lien Term Loan (1 mo. USD LIBOR + 3.75%) | 5.04% | 11/03/2025 | 1,104 | 1,057,540 | ||||||||||||||
W.R. Grace & Co., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 09/22/2028 | 574 | 560,895 | ||||||||||||||
13,017,222 | ||||||||||||||||||
Clothing & Textiles–1.22% | ||||||||||||||||||
ABG Intermediate Holdings 2 LLC | ||||||||||||||||||
Second Lien Term Loan (1 mo. SOFR + 6.00%) | 6.80% | 12/20/2029 | 405 | 389,157 | ||||||||||||||
Term Loan B-1(f) | - | 12/21/2028 | 2,278 | 2,189,658 | ||||||||||||||
BK LC Lux SPV S.a.r.l., Term Loan B (1 mo. USD LIBOR + 3.25%) | 5.10% | 04/28/2028 | 1,109 | 1,049,605 | ||||||||||||||
Gloves Buyer, Inc., Term Loan (1 mo. USD LIBOR + 4.00%) | 5.06% | 12/29/2027 | 743 | 714,607 | ||||||||||||||
International Textile Group, Inc., First Lien Term Loan (3 mo. USD LIBOR + 5.00%) | 6.01% | 05/01/2024 | 119 | 106,532 | ||||||||||||||
Mascot Bidco OYJ (Finland), Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 03/30/2026 | EUR | 772 | 797,300 | |||||||||||||
5,246,859 | ||||||||||||||||||
Conglomerates–0.22% | ||||||||||||||||||
APi Group DE, Inc., Incremental Term Loan (1 mo. USD LIBOR + 2.75%) | 3.81% | 01/03/2029 | 522 | 511,921 | ||||||||||||||
CeramTec (Germany), Term Loan B(f) | - | 01/19/2029 | EUR | 234 | 238,096 | |||||||||||||
Safe Fleet Holdings LLC, Second Lien Term Loan (3 mo. USD LIBOR + 6.75%) | 7.75% | 02/02/2026 | 193 | 186,002 | ||||||||||||||
936,019 | ||||||||||||||||||
Containers & Glass Products–3.79% | ||||||||||||||||||
Berlin Packaging LLC, Term Loan B-5 (1 mo. USD LIBOR + 3.75%) | 4.72% | 03/11/2028 | 732 | 699,321 | ||||||||||||||
Brook & Whittle Holding Corp. | ||||||||||||||||||
Delayed Draw Term Loan (1 mo. USD LIBOR + 4.00%) | 5.18% | 12/14/2028 | 127 | 122,970 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.18% | 12/14/2028 | 514 | 495,792 | ||||||||||||||
Duran Group (Germany), Term Loan B-2 (3 mo. USD LIBOR + 3.75%) | 4.50% | 03/29/2024 | 2,497 | 2,397,659 | ||||||||||||||
Hoffmaster Group, Inc., First Lien Term Loan B-1 (1 mo. USD LIBOR + 4.00%) | 5.01% | 11/21/2023 | 2,155 | 2,023,807 | ||||||||||||||
Keter Group B.V. (Netherlands), Term Loan B-5 | 5.25% | 10/31/2023 | EUR | 322 | 322,234 | |||||||||||||
LABL, Inc. | ||||||||||||||||||
Term Loan B (3 mo. EURIBOR + 5.00%) | 5.00% | 10/29/2028 | EUR | 489 | 504,535 | |||||||||||||
Term Loan B (1 mo. USD LIBOR + 5.00%) | 6.06% | 10/29/2028 | 2,224 | 2,101,798 | ||||||||||||||
Libbey Glass, Inc., Term Loan (1 mo. USD LIBOR + 4.00%) | 9.02% | 11/13/2025 | 752 | 763,393 | ||||||||||||||
Logoplaste (Portugal), Term Loan B (1 mo. USD LIBOR+ 4.25%) | 5.01% | 07/07/2028 | 421 | 409,716 | ||||||||||||||
Mold-Rite Plastics LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.75%)(d) | 5.22% | 10/04/2028 | 361 | 346,229 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.00%)(d) | 8.47% | 10/04/2029 | 224 | 199,218 | ||||||||||||||
Pretium Packaging | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.00%) | 4.80% | 10/02/2028 | 735 | 687,276 | ||||||||||||||
Second Lien Term Loan B (1 mo. USD LIBOR + 6.75%) | 7.55% | 10/01/2029 | 184 | 163,266 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Containers & Glass Products–(continued) | ||||||||||||||||||
Refresco Group N.V. (Netherlands) | ||||||||||||||||||
Term Loan B(f) | - | 05/05/2029 | GBP | 106 | $ 129,784 | |||||||||||||
Term Loan B(f) | - | 05/05/2029 | $ | 5,066 | 4,909,197 | |||||||||||||
16,276,195 | ||||||||||||||||||
Cosmetics & Toiletries–1.52% | ||||||||||||||||||
Anastasia Parent LLC, Term Loan (3 mo. USD LIBOR + 3.75%) | 4.76% | 08/11/2025 | 460 | 385,398 | ||||||||||||||
Bausch and Lomb, Inc., Term Loan(f) | - | 05/05/2027 | 2,450 | 2,364,148 | ||||||||||||||
Coty, Inc., Term Loan B (3 mo. USD LIBOR + 2.25%) | 3.09% | 04/05/2025 | 2,881 | 2,754,802 | ||||||||||||||
KDC/One (Canada), Term Loan (3 mo. EURIBOR + 5.00%) | 5.00% | 12/22/2025 | EUR | 106 | 112,278 | |||||||||||||
Rodenstock (Germany), Term Loan B (3 mo. EURIBOR + 5.00%) | 4.57% | 06/29/2028 | EUR | 650 | 679,083 | |||||||||||||
Wella, Term Loan B (3 mo. EURIBOR + 3.75%) | 3.75% | 01/27/2029 | EUR | 220 | 221,255 | |||||||||||||
6,516,964 | ||||||||||||||||||
Drugs–0.10% | ||||||||||||||||||
Endo LLC, Term Loan (1 mo. USD LIBOR + 5.00%) | 6.06% | 03/27/2028 | 569 | 444,116 | ||||||||||||||
Grifols Worldwide Operations USA, Inc., Term Loan B (3 mo. USD LIBOR + 2.00%) | 3.06% | 11/15/2027 | 5 | 4,588 | ||||||||||||||
448,704 | ||||||||||||||||||
Ecological Services & Equipment–0.95% | ||||||||||||||||||
Anticimex (Sweden), Incremental Term Loan B (1 mo. USD LIBOR + 4.00%)(d) | 5.60% | 11/16/2028 | 415 | 403,360 | ||||||||||||||
EnergySolutions LLC, Term Loan (3 mo. USD LIBOR + 3.75%) | 4.76% | 05/11/2025 | 501 | 482,166 | ||||||||||||||
GFL Environmental, Inc. (Canada), Incremental Term Loan (1 mo. USD LIBOR + 3.00%) | 4.24% | 05/30/2025 | 416 | 411,724 | ||||||||||||||
Groundworks LLC | ||||||||||||||||||
Delayed Draw Term Loan (3 mo. USD LIBOR + 5.00%)(d) | 6.00% | 01/17/2026 | 8 | 8,029 | ||||||||||||||
Delayed Draw Term Loan (3 mo. USD LIBOR + 5.00%)(d) | 6.01% | 01/17/2026 | 1,094 | 1,091,762 | ||||||||||||||
Delayed Draw Term Loan(d)(e) | 0.00% | 01/17/2026 | 243 | 242,876 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 5.00%)(d) | 6.00% | 01/17/2026 | 50 | 50,055 | ||||||||||||||
OGF (France), Term Loan B-2 (3 mo. EURIBOR + 4.75%) | 4.75% | 12/31/2025 | EUR | 166 | 162,679 | |||||||||||||
Patriot Container Corp., First Lien Term Loan (3 mo. USD LIBOR + 3.75%) | 4.75% | 03/20/2025 | �� | 440 | 399,722 | |||||||||||||
TruGreen L.P., Second Lien Term Loan (1 mo. USD LIBOR + 8.50%)(d) | 9.56% | 11/02/2028 | 827 | 806,524 | ||||||||||||||
4,058,897 | ||||||||||||||||||
Electronics & Electrical–13.06% | ||||||||||||||||||
Altar BidCo, Inc., Second Lien Term Loan (1 mo. SOFR + 5.60%) | 6.69% | 02/01/2030 | 206 | 195,661 | ||||||||||||||
AppLovin Corp., Term Loan B (1 mo. USD LIBOR + 3.00%) | 4.06% | 10/25/2028 | 985 | 959,670 | ||||||||||||||
Barracuda Networks, Inc. | ||||||||||||||||||
First Lien Incremental Term Loan (3 mo. USD LIBOR + 3.75%) | 4.73% | 02/12/2025 | 65 | 64,826 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.99% | 10/30/2028 | 92 | 91,987 | ||||||||||||||
Boxer Parent Co., Inc., Term Loan B (3 mo. EURIBOR + 4.00%) | 4.00% | 10/02/2025 | EUR | 20 | 20,645 | |||||||||||||
Brave Parent Holdings, Inc., First Lien Term Loan (3 mo. USD LIBOR + 4.00%) | 5.06% | 04/18/2025 | 450 | 438,761 | ||||||||||||||
CommerceHub, Inc., Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.01% | 01/01/2028 | 1,060 | 980,104 | ||||||||||||||
CommScope, Inc., Term Loan (3 mo. USD LIBOR + 3.25%) | 4.31% | 04/06/2026 | 634 | 603,646 | ||||||||||||||
ConnectWise LLC, Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 10/01/2028 | 601 | 576,965 | ||||||||||||||
Cornerstone OnDemand, Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 10/16/2028 | 575 | 547,143 | ||||||||||||||
Delta Topco, Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.75%) | 4.50% | 12/01/2027 | 2,561 | 2,416,360 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.25%) | 8.00% | 12/01/2028 | 358 | 341,563 | ||||||||||||||
Devoteam (Castillon S.A.S. - Bidco) (France), Term Loan B (3 mo. EURIBOR + 4.50%) | 4.50% | 12/09/2027 | EUR | 304 | 321,774 | |||||||||||||
Diebold Nixdorf, Inc., Term Loan B (3 mo. USD LIBOR + 2.75%) | 3.63% | 11/06/2023 | 894 | 758,656 | ||||||||||||||
Digi International, Inc., Term Loan B (1 mo. USD LIBOR + 5.00%) | 5.50% | 11/01/2028 | 922 | 904,066 | ||||||||||||||
E2Open LLC, Term Loan (1 mo. USD LIBOR + 3.50%) | 4.83% | 02/04/2028 | 1,377 | 1,338,422 | ||||||||||||||
Emerald Technologies AcquisitionCo, Inc., Term Loan B (1 mo. SOFR + 6.25%) | 7.25% | 12/29/2027 | 200 | 196,513 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Electronics & Electrical–(continued) | ||||||||||||||||||
ETA Australia Holdings III Pty. Ltd. (Australia), First Lien Term Loan (3 mo. USD LIBOR + 4.00%) | 5.06% | 05/06/2026 | $ | 1,079 | $ 1,037,464 | |||||||||||||
EverCommerce, Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 07/01/2028 | 509 | 494,241 | ||||||||||||||
Finastra USA, Inc. (United Kingdom), First Lien Term Loan (3 mo. USD LIBOR + 3.50%) | 4.74% | 06/13/2024 | 545 | 515,404 | ||||||||||||||
Forcepoint, Term Loan (1 mo. USD LIBOR + 4.50%) | 5.74% | 01/07/2028 | 958 | 924,862 | ||||||||||||||
Hyland Software, Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 07/01/2024 | 453 | 443,888 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.25%) | 7.31% | 07/07/2025 | 210 | 208,089 | ||||||||||||||
Imperva, Inc., Second Lien Term Loan (3 mo. USD LIBOR + 7.75%) | 9.21% | 01/11/2027 | 988 | 985,930 | ||||||||||||||
Infinite Electronics | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.00%) | 8.06% | 03/02/2029 | 295 | 289,193 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.31% | 03/02/2028 | 371 | 355,803 | ||||||||||||||
Informatica Corp., Term Loan (1 mo. USD LIBOR + 2.75%) | 3.81% | 10/15/2028 | 119 | 115,651 | ||||||||||||||
ION Corp., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.88% | 03/11/2028 | 554 | 530,744 | ||||||||||||||
Learning Pool (United Kingdom) | ||||||||||||||||||
Term Loan (Acquired 01/07/2022; Cost $398,173)(d)(h) | 3.00% | 08/17/2028 | GBP | 297 | 370,574 | |||||||||||||
Term Loan 2 (Acquired 01/07/2022; Cost $386,965)(d)(f)(h) | - | 08/17/2028 | 393 | 387,012 | ||||||||||||||
LogMeIn, Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.68% | 08/28/2027 | 2,747 | 2,381,569 | ||||||||||||||
Marcel Bidco LLC, Incremental Term Loan B (1 mo. USD LIBOR + 4.00%) | 4.89% | 12/31/2027 | 93 | 91,387 | ||||||||||||||
Mavenir Systems, Inc., Term Loan B (1 mo. USD LIBOR + 4.75%)(d) | 6.21% | 08/13/2028 | 1,275 | 1,253,104 | ||||||||||||||
Maverick Bidco, Inc. | ||||||||||||||||||
First Lien Term Loan (3 mo. USD LIBOR + 3.75%) | 4.99% | 05/18/2028 | 449 | 434,036 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.75%)(d) | 7.99% | 05/18/2029 | 49 | 47,792 | ||||||||||||||
McAfee Enterprise | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 8.25%) | 9.48% | 07/27/2029 | 628 | 585,052 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 5.00%) | 6.23% | 07/27/2028 | 1,999 | 1,842,482 | ||||||||||||||
McAfee LLC, First Lien Term Loan B (1 mo. SOFR + 4.50%) | 4.84% | 03/01/2029 | 3,027 | 2,883,189 | ||||||||||||||
Mediaocean LLC, Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 12/15/2028 | 510 | 489,771 | ||||||||||||||
Natel Engineering Co., Inc., Term Loan (1 mo. USD LIBOR + 6.25%) (Acquired 04/25/2019-02/01/2022; Cost $2,066,106)(h) | 7.31% | 04/29/2026 | 2,102 | 2,017,687 | ||||||||||||||
Native Instruments (Germany), Term Loan(d) | 6.25% | 03/03/2028 | EUR | 784 | 829,301 | |||||||||||||
NCR Corp., Term Loan B (1 mo. USD LIBOR + 2.50%) | 3.74% | 08/28/2026 | 655 | 630,337 | ||||||||||||||
Oberthur Tech (France) | ||||||||||||||||||
Term Loan B-4(f) | - | 01/10/2026 | EUR | 159 | 166,434 | |||||||||||||
Term Loan B-4 (3 mo. EURIBOR + 4.50%) | 4.50% | 01/10/2026 | EUR | 1,455 | 1,526,018 | |||||||||||||
Oberthur Technologies of America Corp., Term Loan B (3 mo. USD LIBOR +4.50%) | 5.51% | 01/09/2026 | 1,299 | 1,252,089 | ||||||||||||||
Optiv, Inc. | ||||||||||||||||||
Second Lien Term Loan (3 mo. USD LIBOR + 7.25%) | 8.25% | 01/31/2025 | 490 | 479,454 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 3.25%) | 5.33% | 02/01/2024 | 3,681 | 3,578,298 | ||||||||||||||
Project Accelerate Parent LLC, First Lien Term Loan (3 mo. USD LIBOR + 4.25%) | 5.31% | 01/02/2025 | 1,198 | 1,166,217 | ||||||||||||||
Project Leopard Holdings, Inc. | ||||||||||||||||||
Incremental Term Loan (3 mo. USD LIBOR + 4.50%) | 5.75% | 07/05/2024 | 1,554 | 1,545,041 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 4.75%) | 5.75% | 07/05/2024 | 463 | 461,018 | ||||||||||||||
Proofpoint, Inc., Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.82% | 08/31/2028 | 1,264 | 1,216,830 | ||||||||||||||
Quest Software US Holdings, Inc. | ||||||||||||||||||
Second Lien Term Loan (1 mo. SOFR + 7.50%) | 8.72% | 01/20/2030 | 136 | 128,240 | ||||||||||||||
Term Loan B (1 mo. SOFR + 4.25%) | 4.75% | 01/19/2029 | 3,057 | 2,833,260 | ||||||||||||||
RealPage, Inc., Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 04/24/2028 | 1,292 | 1,242,882 | ||||||||||||||
Renaissance Holding Corp., Second Lien Term Loan (3 mo. USD LIBOR + 7.00%) | 8.06% | 05/29/2026 | 359 | 349,840 | ||||||||||||||
Resideo Funding, Inc., Term Loan B (1 mo. USD LIBOR + 2.25%) | 3.11% | 02/08/2028 | 366 | 358,235 | ||||||||||||||
Riverbed Technology, Inc., PIK Term Loan, 2.00% PIK Rate, 7.00% Cash Rate(g) | 2.00% | 12/08/2026 | 3,113 | 2,233,994 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Electronics & Electrical–(continued) | ||||||||||||||||||
Sandvine Corp. | ||||||||||||||||||
First Lien Term Loan (3 mo. USD LIBOR + 4.50%) | 5.56% | 10/31/2025 | $ | 1,378 | $ 1,361,992 | |||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 8.00%) | 9.06% | 11/02/2026 | 190 | 187,552 | ||||||||||||||
SmartBear (AQA Acquisition Holdings, Inc), Term Loan B (1 mo. USD LIBOR + 4.25%) | 5.26% | 03/03/2028 | 297 | 292,133 | ||||||||||||||
SonicWall U.S. Holdings, Inc., Term Loan (1 mo. USD LIBOR + 3.75%) | 5.26% | 05/16/2025 | 131 | 126,345 | ||||||||||||||
Sophos (Surf Holdings LLC) (United Kingdom), Term Loan (1 mo. USD LIBOR + 3.50%) | 4.11% | 03/05/2027 | 43 | 42,157 | ||||||||||||||
Tenable Holdings, Inc., Term Loan B (2 mo. USD LIBOR + 2.75%) | 3.27% | 07/07/2028 | 264 | 256,500 | ||||||||||||||
Ultimate Software Group, Inc. | ||||||||||||||||||
First Lien Term Loan (3 mo. USD LIBOR + 3.75%) | 4.76% | 05/04/2026 | 1,573 | 1,534,987 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 5.25%) | 6.21% | 05/03/2027 | 154 | 149,025 | ||||||||||||||
UST Holdings Ltd., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.71% | 10/15/2028 | 706 | 675,888 | ||||||||||||||
Veritas US, Inc., Term Loan B (1 mo. USD LIBOR + 5.00%) | 6.01% | 09/01/2025 | 1,122 | 973,545 | ||||||||||||||
WebPros, Term Loan (3 mo. USD LIBOR + 5.25%) | 6.26% | 02/18/2027 | 1,048 | 1,039,934 | ||||||||||||||
56,079,232 | ||||||||||||||||||
Financial Intermediaries–0.73% | ||||||||||||||||||
Edelman Financial Center LLC (The) | ||||||||||||||||||
Incremental Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 04/07/2028 | 1,826 | 1,759,537 | ||||||||||||||
Second Lien Term Loan (3 mo. USD LIBOR + 6.75%) | 7.81% | 07/20/2026 | 111 | 106,403 | ||||||||||||||
LendingTree, Inc., First Lien Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.06% | 09/15/2028 | 841 | 813,441 | ||||||||||||||
Stiphout Finance LLC, Incremental Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 10/26/2025 | 123 | 121,519 | ||||||||||||||
Tegra118 Wealth Solutions, Inc., Term Loan (1 mo. USD LIBOR + 4.00%) | 5.46% | 02/18/2027 | 324 | 316,704 | ||||||||||||||
3,117,604 | ||||||||||||||||||
Food Products–2.45% | ||||||||||||||||||
Arnott’s (Snacking Investments US LLC), Term Loan (1 mo. USD LIBOR + 4.00%) | 5.06% | 12/18/2026 | 949 | 934,140 | ||||||||||||||
Biscuit Intl (Cookie Acq S.A.S., De Banketgroep Holding) (France) | ||||||||||||||||||
First Lien Term Loan (3 mo. EURIBOR + 4.00%) | 4.00% | 02/15/2027 | EUR | 275 | 240,200 | |||||||||||||
Term Loan B (3 mo. EURIBOR + 4.00%)(d) | 4.00% | 02/14/2027 | EUR | 249 | 217,245 | |||||||||||||
BrightPet | ||||||||||||||||||
Revolver Loan (3 mo. USD LIBOR + 6.25%)(d) | 7.65% | 10/05/2026 | 290 | 284,132 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 10/05/2026 | 46 | 45,296 | ||||||||||||||
Term Loan B (3 mo. USD LIBOR + 6.25%)(d) | 7.26% | 10/05/2026 | 2,320 | 2,277,175 | ||||||||||||||
Florida Food Products LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR+ 5.00%) (Acquired 10/08/2021-05/10/2022; Cost $3,025,664)(h) | 6.06% | 10/18/2028 | 3,083 | 3,002,140 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR+ 8.00%) (Acquired 10/08/2021-11/30/2021; Cost $592,477)(h) | 9.06% | 10/08/2029 | 609 | 592,482 | ||||||||||||||
H-Food Holdings LLC | ||||||||||||||||||
Incremental Term Loan B-3 (1 mo. USD LIBOR + 5.00%) | 6.06% | 05/23/2025 | 782 | 736,001 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 3.69%) | 4.75% | 05/23/2025 | 575 | 528,084 | ||||||||||||||
Panzani/Pimente (France), Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 12/02/2028 | EUR | 174 | 175,526 | |||||||||||||
Shearer’s Foods LLC | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.75%) | 8.81% | 09/22/2028 | 232 | 230,956 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 09/23/2027 | 273 | 252,109 | ||||||||||||||
Sigma Bidco B.V. (Netherlands) | ||||||||||||||||||
Term Loan B-1 (3 mo. EURIBOR + 3.50%) | 3.50% | 07/02/2025 | EUR | 427 | 399,190 | |||||||||||||
Term Loan B-2(f) | - | 07/02/2025 | 104 | 91,286 | ||||||||||||||
Valeo Foods (Jersey) Ltd. (United Kingdom), First Lien Term Loan B (6 mo. SONIA + 5.00%) | 5.69% | 06/28/2028 | GBP | 429 | 503,567 | |||||||||||||
10,509,529 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Food Service–0.69% | ||||||||||||||||||
Euro Garages (Netherlands) | ||||||||||||||||||
Term Loan (3 mo. USD LIBOR + 4.00%) | 5.00% | 02/07/2025 | $ | 623 | $ 600,153 | |||||||||||||
Term Loan (1 mo. USD LIBOR + 4.25%) | 5.25% | 03/31/2026 | 311 | 299,623 | ||||||||||||||
Term Loan B (3 mo. USD LIBOR + 4.00%) | 5.01% | 02/07/2025 | 438 | 421,228 | ||||||||||||||
Financiere Pax S.A.S., Term Loan B (3 mo. EURIBOR + 4.75%) | 4.75% | 07/01/2026 | EUR | 1,401 | 1,299,810 | |||||||||||||
NPC International, Inc., Second Lien Term Loan(d)(f)(i)(j) | - | 04/18/2025 | 240 | 4,791 | ||||||||||||||
Weight Watchers International, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 04/13/2028 | 377 | 317,780 | ||||||||||||||
2,943,385 | ||||||||||||||||||
Health Care–5.50% | ||||||||||||||||||
Acacium (United Kingdom) | ||||||||||||||||||
Term Loan(d) | 6.19% | 05/19/2028 | GBP | 295 | 376,485 | |||||||||||||
Term Loan (1 mo. SOFR + 5.25%)(d) | 5.40% | 06/08/2028 | 590 | 588,203 | ||||||||||||||
Ascend Learning LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 12/11/2028 | 95 | 90,543 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 5.75%) | 6.81% | 12/10/2029 | 413 | 396,189 | ||||||||||||||
athenahealth, Inc. | ||||||||||||||||||
Delayed Draw Term Loan B(e) | 0.00% | 02/15/2029 | 566 | 541,597 | ||||||||||||||
Term Loan B(f) | - | 01/26/2029 | 3,339 | 3,195,425 | ||||||||||||||
Biogroup-LCD (France), Term Loan B (3 mo. EURIBOR + 3.25%) | 3.25% | 02/09/2028 | EUR | 292 | 299,243 | |||||||||||||
Cerba (Chrome Bidco) (France), Term Loan (3 mo. EURIBOR + 4.00%) | 4.00% | 02/14/2029 | EUR | 248 | 258,240 | |||||||||||||
Certara Holdco, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 08/14/2026 | 404 | 395,388 | ||||||||||||||
Cheplapharm Arzneimittel GmbH (Germany), Term Loan B (3 mo. EURIBOR + 4.00%) | 4.00% | 02/22/2029 | EUR | 312 | 324,361 | |||||||||||||
Curium BidCo S.a.r.l. (Luxembourg) | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 4.25%)(d) | 5.26% | 12/02/2027 | 192 | 183,836 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.00%)(d) | 5.01% | 07/09/2026 | 42 | 39,857 | ||||||||||||||
Dermatology Intermediate Holdings III, Inc. | ||||||||||||||||||
Delayed Draw Term Loan(d)(e) | 0.00% | 03/31/2029 | 49 | 47,566 | ||||||||||||||
Term Loan B (1 mo. SOFR + 4.25%)(d) | 4.99% | 03/23/2029 | 261 | 254,476 | ||||||||||||||
embecta, Term Loan (1 mo. SOFR + 3.00%) | 3.65% | 01/27/2029 | 7 | 6,383 | ||||||||||||||
Ethypharm (France), Term Loan B | 5.19% | 04/17/2028 | GBP | 371 | 432,467 | |||||||||||||
ExamWorks Group, Inc./Electron Bidco, Term Loan (1 mo. USD LIBOR+ 3.00%) | 4.06% | 11/01/2028 | 277 | 268,222 | ||||||||||||||
Explorer Holdings, Inc., First Lien Term Loan (1 mo. USD LIBOR + 4.50%) | 5.56% | 02/04/2027 | 1,025 | 990,809 | ||||||||||||||
Gainwell Holding Corp., Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.01% | 10/01/2027 | 1,846 | 1,808,993 | ||||||||||||||
Global Healthcare Exchange LLC, First Lien Term Loan (3 mo. USD LIBOR + 3.25%) | 4.26% | 06/28/2024 | 297 | 288,865 | ||||||||||||||
Global Medical Response, Inc. | ||||||||||||||||||
Term Loan (3 mo. USD LIBOR + 4.25%) | 5.31% | 03/14/2025 | 313 | 299,246 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 4.25%) | 5.25% | 10/02/2025 | 1,495 | 1,428,617 | ||||||||||||||
ICON PLC | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 2.25%) | 3.31% | 07/03/2028 | 15 | 14,427 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 2.25%) | 3.31% | 07/03/2028 | 59 | 57,905 | ||||||||||||||
Insulet Corp., Term Loan (1 mo. USD LIBOR + 3.25%) | 4.31% | 05/04/2028 | 153 | 150,152 | ||||||||||||||
International SOS L.P., Term Loan B (3 mo. USD LIBOR + 3.75%)(d) | 4.81% | 09/07/2028 | 635 | 616,424 | ||||||||||||||
MedAssets Software Intermediate Holdings, Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.00%) | 4.50% | 12/18/2028 | 1,006 | 970,594 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.25% | 12/17/2029 | 401 | 381,571 | ||||||||||||||
MJH Healthcare Holdings LLC, Term Loan B (1 mo. SOFR + 3.50%) | 4.46% | 01/25/2029 | 404 | 385,491 | ||||||||||||||
Nemera (Financiere N BidCo) (France), Incremental Term Loan B (3 mo. EURIBOR + 3.75%) | 3.75% | 01/22/2026 | EUR | 80 | 82,890 | |||||||||||||
Neuraxpharm (Cerebro BidCo/Blitz F20-80 GmbH) (Germany) | ||||||||||||||||||
Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 12/15/2027 | EUR | 138 | 144,515 | |||||||||||||
Term Loan B-2 (3 mo. EURIBOR + 4.25%) | 4.25% | 12/15/2027 | EUR | 80 | 83,478 | |||||||||||||
Nidda Healthcare Holding AG (Germany), Term Loan F (3 mo. SONIA + 4.50%) | 5.46% | 08/21/2026 | GBP | 314 | 369,208 | |||||||||||||
Ortho-Clinical Diagnostics, Inc., Term Loan(f) | - | 06/30/2025 | 35 | 34,885 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Health Care–(continued) | ||||||||||||||||||
Revint Intermediate II LLC, Term Loan (1 mo. USD LIBOR + 4.25%) | 5.31% | 10/15/2027 | $ | 1,968 | $ 1,960,336 | |||||||||||||
Sharp Midco LLC, Term Loan B (1 mo. USD LIBOR + 4.00%)(d) | 4.97% | 12/15/2028 | 209 | 203,689 | ||||||||||||||
Summit Behavioral Healthcare LLC, First Lien Term Loan (1 mo. USD LIBOR + 4.75%)(d) | 6.26% | 11/24/2028 | 1,350 | 1,302,976 | ||||||||||||||
TTF Holdings LLC, Term Loan B (1 mo. USD LIBOR + 4.25%)(d) | 5.31% | 03/31/2028 | 500 | 487,393 | ||||||||||||||
Unified Womens Healthcare L.P., Term Loan B (1 mo. USD LIBOR + 4.25%) | 5.31% | 12/20/2027 | 1,699 | 1,635,555 | ||||||||||||||
Veonet (Germany), Term Loan B(f) | - | 04/11/2029 | EUR | 215 | 225,420 | |||||||||||||
Verscend Holding Corp., Term Loan B-1 (1 mo. USD LIBOR + 4.00%) | 5.06% | 08/27/2025 | 836 | 821,339 | ||||||||||||||
Waystar, Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.06% | 10/23/2026 | 434 | 425,189 | ||||||||||||||
Women’s Care Holdings, Inc. LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.50%) | 5.74% | 01/15/2028 | 544 | 525,767 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 8.25%) | 9.49% | 01/15/2029 | 235 | 226,940 | ||||||||||||||
23,621,155 | ||||||||||||||||||
Home Furnishings–2.07% | ||||||||||||||||||
Hilding Anders AB (Sweden), Term Loan B (3 mo. EURIBOR + 5.00%) (Acquired 11/20/2017-04/29/2022; Cost $461,330)(h) | 5.00% | 11/29/2024 | EUR | 394 | 198,614 | |||||||||||||
Hunter Douglas, Inc. | ||||||||||||||||||
First Lien Term Loan (3 mo. EURIBOR + 4.00%) | 4.00% | 02/09/2029 | EUR | 1,317 | 1,325,229 | |||||||||||||
First Lien Term Loan (1 mo. SOFR + 3.50%) | 4.84% | 02/09/2029 | 2,082 | 1,890,978 | ||||||||||||||
Mattress Holding Corp., Term Loan B (1 mo. USD LIBOR + 4.25%) | 5.64% | 09/25/2028 | 1,593 | 1,362,907 | ||||||||||||||
Serta Simmons Bedding LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 7.50%) | 8.50% | 08/10/2023 | 716 | 708,579 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.50%) | 8.50% | 08/10/2023 | 2,057 | 1,525,743 | ||||||||||||||
SIWF Holdings, Inc., Term Loan B (1 mo. USD LIBOR + 4.00%) | 4.93% | 10/16/2028 | 1,385 | 1,205,354 | ||||||||||||||
TGP Holdings III LLC | ||||||||||||||||||
Delayed Draw Term Loan (3 mo. USD LIBOR +3.25%) | 4.24% | 06/29/2028 | 9 | 8,297 | ||||||||||||||
Delayed Draw Term Loan(e) | 0.00% | 06/29/2028 | 27 | 24,890 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.31% | 06/29/2028 | 277 | 251,687 | ||||||||||||||
VC GB Holdings, Inc., Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.76% | 07/01/2029 | 319 | 297,009 | ||||||||||||||
Weber-Stephen Products LLC, Incremental Term Loan B (1 mo. SOFR + 3.25%)(d) | 4.31% | 10/30/2027 | 47 | 43,772 | ||||||||||||||
Webster-Stephen Products LLC, Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 10/30/2027 | 44 | 40,929 | ||||||||||||||
8,883,988 | ||||||||||||||||||
Industrial Equipment–4.45% | ||||||||||||||||||
Apex Tool Group LLC, Term Loan B (1 mo. SOFR + 5.25%) | 6.15% | 02/08/2029 | 817 | 739,173 | ||||||||||||||
Brush (United Kingdom) | ||||||||||||||||||
Term Loan(d) | 7.00% | 06/09/2028 | EUR | 882 | 933,449 | |||||||||||||
Term Loan A(d) | 7.44% | 06/09/2028 | GBP | 759 | 943,870 | |||||||||||||
CIRCOR International, Inc., Term Loan (1 mo. USD LIBOR + 5.50%) | 6.46% | 12/20/2028 | 725 | 692,100 | ||||||||||||||
Crosby US Acquisition Corp., Term Loan B (3 mo. USD LIBOR + 4.75%) | 5.71% | 06/27/2026 | 290 | 283,450 | ||||||||||||||
Delachaux Group S.A. (France), Term Loan B-2 (3 mo. USD LIBOR + 4.50%) | 5.83% | 04/16/2026 | 321 | 302,844 | ||||||||||||||
DXP Enterprises, Inc., Term Loan (1 mo. USD LIBOR + 4.75%) | 5.81% | 12/16/2027 | 666 | 653,688 | ||||||||||||||
Engineered Machinery Holdings, Inc. | ||||||||||||||||||
Incremental Term Loan (1 mo. USD LIBOR + 3.75%) | 4.76% | 05/19/2028 | 269 | 258,419 | ||||||||||||||
Second Lien Incremental Term Loan (1 mo. USD LIBOR + 6.00%) | 7.01% | 05/21/2029 | 117 | 114,901 | ||||||||||||||
Kantar (United Kingdom) | ||||||||||||||||||
Term Loan B (3 mo. USD LIBOR + 5.00%) | 5.52% | 12/04/2026 | 985 | 956,163 | ||||||||||||||
Term Loan B-3 (3 mo. EURIBOR + 4.25%) | 4.25% | 12/04/2026 | EUR | 700 | 729,686 | |||||||||||||
Madison IAQ LLC, Term Loan (1 mo. USD LIBOR + 3.25%) | 4.52% | 06/21/2028 | 1,731 | 1,648,010 | ||||||||||||||
MKS Instruments, Inc., Term Loan B(f) | - | 04/11/2029 | 38 | 37,808 | ||||||||||||||
MX Holdings US, Inc., Term Loan B-1-C (3 mo. USD LIBOR + 2.50%) | 3.52% | 07/31/2025 | 263 | 255,576 | ||||||||||||||
New VAC US LLC, Term Loan B (3 mo. USD LIBOR + 4.00%) | 5.01% | 03/08/2025 | 781 | 746,652 | ||||||||||||||
Platin2025 Holdings S.a r.l. (Germany), Term Loan B (3 mo. EURIBOR + 4.00%) | 4.00% | 12/29/2028 | EUR | 862 | 888,420 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Industrial Equipment–(continued) | ||||||||||||||||||
Robertshaw US Holding Corp. | ||||||||||||||||||
First Lien Term Loan(f) | - | 02/28/2025 | $ | 503 | $ 414,824 | |||||||||||||
Second Lien Term Loan (3 mo. USD LIBOR + 8.00%) | 9.06% | 02/28/2026 | 388 | 281,567 | ||||||||||||||
S2P Acquisiton Borrower, Inc., First Lien Term Loan (3 mo. USD LIBOR + 3.75%) | 4.81% | 08/14/2026 | 660 | 639,225 | ||||||||||||||
Tank Holding Corp. | ||||||||||||||||||
Revolver Loan(d)(f) | - | 03/31/2028 | 153 | 144,429 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 03/31/2028 | 77 | 72,215 | ||||||||||||||
Term Loan(d)(f) | - | 03/31/2028 | 3,448 | 3,362,152 | ||||||||||||||
Thyssenkrupp Elevators (Vertical Midco GmbH) (Germany), Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.02% | 07/31/2027 | 3,233 | 3,122,849 | ||||||||||||||
Victory Buyer LLC | ||||||||||||||||||
Second Lien Term Loan B(d) | 8.50% | 11/19/2029 | 165 | 163,531 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.75%)(d) | 4.68% | 11/15/2028 | 774 | 737,191 | ||||||||||||||
19,122,192 | ||||||||||||||||||
Insurance–1.36% | ||||||||||||||||||
Acrisure LLC | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 02/15/2027 | 1,595 | 1,527,576 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 02/15/2027 | 618 | 597,047 | ||||||||||||||
Term Loan B-2 (1 mo. USD LIBOR + 4.25%) | 5.31% | 02/15/2027 | 771 | 753,799 | ||||||||||||||
Alliant Holdings Intermediate LLC | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.25%) | 4.31% | 05/09/2025 | 77 | 74,038 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.50%) | 4.37% | 11/06/2027 | 1,965 | 1,899,324 | ||||||||||||||
HUB International Ltd. | ||||||||||||||||||
Incremental Term Loan B-3 (1 mo. USD LIBOR + 3.25%) | 4.18% | 04/25/2025 | 667 | 647,343 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.00%) | 4.21% | 04/25/2025 | 15 | 14,886 | ||||||||||||||
USI, Inc., Term Loan (1 mo. USD LIBOR + 3.25%) | 4.26% | 12/02/2026 | 336 | 326,603 | ||||||||||||||
5,840,616 | ||||||||||||||||||
Leisure Goods, Activities & Movies–7.92% | ||||||||||||||||||
AMC Entertainment, Inc., Term Loan B-1 (3 mo. USD LIBOR + 3.00%) | 3.84% | 04/22/2026 | 2,933 | 2,592,810 | ||||||||||||||
Carnival Corp. | ||||||||||||||||||
Incremental Term Loan (1 mo. USD LIBOR + 3.25%) | 4.00% | 10/18/2028 | 3,719 | 3,551,828 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.00%) | 3.75% | 06/30/2025 | 383 | 370,657 | ||||||||||||||
Crown Finance US, Inc. | ||||||||||||||||||
Incremental Term Loan (1 mo. USD LIBOR + 8.25%) | 10.08% | 05/23/2024 | 840 | 887,850 | ||||||||||||||
Revolver Loan (3 mo. USD LIBOR + 3.00%) | 4.01% | 03/02/2023 | 557 | 422,016 | ||||||||||||||
Revolver Loan (3 mo. USD LIBOR + 5.00%) | 6.51% | 05/23/2024 | 754 | 727,252 | ||||||||||||||
Revolver Loan(e) | 0.00% | 03/02/2023 | 10 | 7,712 | ||||||||||||||
Term Loan (3 mo. EURIBOR + 2.63%) | 2.63% | 02/28/2025 | EUR | 358 | 267,159 | |||||||||||||
Term Loan (3 mo. USD LIBOR + 2.50%) | 4.00% | 02/28/2025 | 3,223 | 2,293,310 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 2.75%) | 4.25% | 09/30/2026 | 1,895 | 1,297,459 | ||||||||||||||
Term Loan B-1 | 7.00% | 05/23/2024 | 2,505 | 2,861,136 | ||||||||||||||
CWGS Group LLC, Term Loan B (1 mo. USD LIBOR + 2.50%) | 3.56% | 06/03/2028 | 981 | 911,191 | ||||||||||||||
Dorna Sports S.L. (Spain), Term Loan B (3 mo. EURIBOR + 3.75%) | 3.75% | 02/03/2029 | EUR | 427 | 438,013 | |||||||||||||
Eagle Midco Ltd. (United Kingdom), Term Loan (1 mo. SONIA +4.50%) | 5.47% | 03/20/2028 | GBP | 233 | 287,434 | |||||||||||||
Fender Musical Instruments Corp., Term Loan B (1 mo. SORF + 4.00%) | 4.89% | 11/17/2028 | 343 | 326,520 | ||||||||||||||
Fitness International LLC, Term Loan B (3 mo. USD LIBOR + 3.25%) | 4.26% | 04/18/2025 | 921 | 823,774 | ||||||||||||||
Hornblower Holdings LLC, Term Loan (6 mo. USD LIBOR + 8.13%) | 10.06% | 11/25/2025 | 272 | 281,528 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Leisure Goods, Activities & Movies–(continued) | ||||||||||||||||||
Invictus Media S.L.U. (Spain) | ||||||||||||||||||
Second Lien Term Loan(j) | 0.00% | 12/26/2025 | EUR | 1,973 | $ 1,938,489 | |||||||||||||
Term Loan A-1(j) | 0.00% | 06/26/2024 | EUR | 363 | 378,123 | |||||||||||||
Term Loan A-2(j) | 0.00% | 06/26/2024 | EUR | 228 | 237,274 | |||||||||||||
Term Loan B-1(j) | 0.00% | 06/26/2025 | EUR | 1,409 | 1,456,721 | |||||||||||||
Term Loan B-2(j) | 0.00% | 06/26/2025 | EUR | 1,234 | 1,275,476 | |||||||||||||
Lakeland Tours LLC | ||||||||||||||||||
PIK Term Loan, 13.25% PIK Rate(g) | 13.25% | 09/25/2027 | $ | 304 | 213,049 | |||||||||||||
Third Lien Term Loan B (1 mo. USD LIBOR + 5.50%) | 2.75% | 09/25/2025 | 266 | 242,987 | ||||||||||||||
OEG Borrower, LLC, Term Loan B(d)(f) | - | 05/20/2029 | 852 | 821,993 | ||||||||||||||
Parques Reunidos (Spain), Term Loan B (3 mo. EURIBOR + 3.75%) | 3.75% | 09/16/2026 | EUR | 1,533 | 1,564,947 | |||||||||||||
Royal Caribbean Cruises | ||||||||||||||||||
Revolver Loan (3 mo. USD LIBOR + 1.30%) | 2.17% | 10/12/2022 | 1,063 | 1,038,642 | ||||||||||||||
Revolver Loan(d)(f) | - | 04/05/2024 | 1,568 | 1,387,411 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 04/12/2024 | 594 | 525,919 | ||||||||||||||
Revolver Loan(e) | 0.00% | 10/12/2022 | 141 | 137,865 | ||||||||||||||
Revolver Loan(d)(e) | 0.00% | 04/05/2024 | 707 | 625,554 | ||||||||||||||
SeaWorld Parks & Entertainment, Inc., Term Loan B (1 mo. USD LIBOR + 3.00%) | 4.06% | 08/25/2028 | 464 | 450,623 | ||||||||||||||
Six Flags Theme Parks, Inc., Term Loan B (3 mo. USD LIBOR + 1.75%) | 2.81% | 04/17/2026 | 229 | 222,794 | ||||||||||||||
USF S&H Holdco LLC | ||||||||||||||||||
Term Loan A (3 mo. USD LIBOR + 15.00%)(d) | 15.00% | 06/30/2025 | 108 | 108,080 | ||||||||||||||
Term Loan A(d)(e) | 0.00% | 06/30/2025 | 162 | 162,334 | ||||||||||||||
Term Loan B (3 mo. USD LIBOR + 3.00%)(d) | 4.01% | 06/30/2025 | 1,735 | 1,734,529 | ||||||||||||||
Vue International Bidco PLC (United Kingdom), Term Loan B-1 (3 mo. EURIBOR + 4.75%) | 4.75% | 07/03/2026 | EUR | 1,322 | 1,125,560 | |||||||||||||
33,996,019 | ||||||||||||||||||
Lodging & Casinos–3.57% | ||||||||||||||||||
Aimbridge Acquisition Co., Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.75%) | 5.62% | 02/02/2026 | 1,137 | 1,081,785 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 02/02/2026 | 988 | 919,012 | ||||||||||||||
B&B Hotels S.A.S. (France) | ||||||||||||||||||
Second Lien Term Loan A-1 (3 mo. EURIBOR + 8.50%) | 8.50% | 07/31/2027 | EUR | 387 | 402,225 | |||||||||||||
Term Loan B-3-A (3 mo. EURIBOR + 3.88%) | 3.88% | 07/31/2026 | EUR | 1,884 | 1,900,839 | |||||||||||||
Term Loan B-4 (6 mo. EURIBOR + 5.50%) | 5.50% | 07/31/2026 | EUR | 401 | 421,860 | |||||||||||||
Bally’s Corp., Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.05% | 10/02/2028 | 2,391 | 2,299,047 | ||||||||||||||
Caesars Resort Collection LLC, Incremental Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 07/21/2025 | 901 | 890,427 | ||||||||||||||
Fertitta Entertainment LLC, Term Loan (1 mo. SOFR + 4.00%) | 5.03% | 01/31/2029 | 142 | 135,842 | ||||||||||||||
Hilton Grand Vacations Borrower LLC, Term Loan B (1 mo. USD LIBOR + 3.00%) | 4.06% | 08/02/2028 | 520 | 506,948 | ||||||||||||||
HotelBeds (United Kingdom) | ||||||||||||||||||
Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 09/12/2025 | EUR | 1,882 | 1,792,725 | |||||||||||||
Term Loan D (3 mo. EURIBOR + 5.50%) | 5.50% | 09/30/2027 | EUR | 3,398 | 3,297,501 | |||||||||||||
PCI Gaming Authority, Term Loan B (1 mo. USD LIBOR + 3.00%) | 3.56% | 05/29/2026 | 63 | 61,620 | ||||||||||||||
Scientific Games Lottery | ||||||||||||||||||
Term Loan B(f) | - | 01/31/2029 | EUR | 247 | 256,472 | |||||||||||||
Term Loan B(f) | - | 04/04/2029 | 1,427 | 1,373,537 | ||||||||||||||
15,339,840 | ||||||||||||||||||
Nonferrous Metals & Minerals–1.51% | ||||||||||||||||||
American Rock Salt Co. LLC | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 7.25%)(d) | 8.31% | 06/11/2029 | 57 | 55,960 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 4.00%) | 5.06% | 06/09/2028 | 833 | 782,951 | ||||||||||||||
AZZ, Inc., First Lien Term Loan(f) | - | 05/06/2029 | 1,571 | 1,522,150 | ||||||||||||||
Corialis Group Ltd. (United Kingdom), Term Loan B | 5.09% | 05/24/2028 | GBP | 110 | 127,457 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Nonferrous Metals & Minerals–(continued) | ||||||||||||||||||
Covia Holdings Corp., Term Loan (1 mo. USD LIBOR + 4.00%) | 5.00% | 07/31/2026 | $ | 431 | $ 413,970 | |||||||||||||
Form Technologies LLC | ||||||||||||||||||
Term Loan (1 mo. USD LIBOR + 4.50%) | 6.01% | 07/19/2025 | 1,037 | 977,628 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 9.00%)(d) | 10.51% | 10/22/2025 | 584 | 554,903 | ||||||||||||||
Kissner Group, Incremental Term Loan (1 mo. USD LIBOR + 4.00%) | 4.75% | 03/16/2027 | 2,162 | 2,036,744 | ||||||||||||||
6,471,763 | ||||||||||||||||||
Oil & Gas–3.41% | ||||||||||||||||||
Brazos Delaware II LLC, Term Loan (3 mo. USD LIBOR + 4.00%) | 4.97% | 05/21/2025 | 1,818 | 1,777,103 | ||||||||||||||
Glass Mountain Pipeline Holdings LLC, Term Loan (1 mo. USD LIBOR + 4.50%) | 5.74% | 10/28/2027 | 215 | 195,238 | ||||||||||||||
Gulf Finance LLC, Term Loan (1 mo. USD LIBOR + 6.75%) | 7.81% | 08/25/2026 | 1,292 | 960,439 | ||||||||||||||
HGIM Corp., Term Loan (3 mo. USD LIBOR + 6.00%) | 7.00% | 07/02/2023 | 1,161 | 1,094,645 | ||||||||||||||
McDermott International Ltd. | ||||||||||||||||||
LOC(e) | 0.00% | 06/30/2024 | 2,136 | 1,778,312 | ||||||||||||||
LOC(d)(f) | - | 06/30/2024 | 998 | 833,763 | ||||||||||||||
PIK Term Loan, 3.00% PIK Rate, 2.06% Cash Rate(g) | 3.00% | 06/30/2025 | 503 | 256,683 | ||||||||||||||
Term Loan (1 mo. USD LIBOR + 3.00%) | 4.06% | 06/30/2024 | 92 | 58,409 | ||||||||||||||
Petroleum GEO-Services ASA (Norway), Term Loan (1 mo. USD LIBOR + 7.50%) | 8.51% | 03/19/2024 | 4,093 | 3,799,109 | ||||||||||||||
QuarterNorth Energy, Inc., Second Lien Term Loan (1 mo. USD LIBOR + 8.00%) (Acquired 08/03/2021; Cost $2,591,818)(h) | 9.06% | 08/27/2026 | 2,638 | 2,651,552 | ||||||||||||||
Southcross Energy Partners L.P., Revolver Loan(d)(e) | 0.00% | 01/31/2025 | 79 | 79,256 | ||||||||||||||
TransMontaigne Partners LLC, Term Loan (1 mo. USD LIBOR + 3.50%) | 4.00% | 11/17/2028 | 1,180 | 1,146,709 | ||||||||||||||
14,631,218 | ||||||||||||||||||
Publishing–3.81% | ||||||||||||||||||
Adtalem Global Education, Inc., Term Loan B (1 mo. USD LIBOR + 4.00%) | 4.93% | 08/12/2028 | 553 | 541,274 | ||||||||||||||
Cengage Learning, Inc., Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.75% | 06/29/2026 | 2,714 | 2,596,989 | ||||||||||||||
Clear Channel Worldwide Holdings, Inc., Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.74% | 08/21/2026 | 3,305 | 3,031,430 | ||||||||||||||
Dotdash Meredith, Inc., Term Loan B (1 mo. SOFR + 4.00%) | 4.87% | 12/01/2028 | 2,195 | 2,107,152 | ||||||||||||||
Harbor Purchaser, Inc. | ||||||||||||||||||
Second Lien Term Loan (1 mo. SOFR + 8.50%)(d) | 9.53% | 03/31/2030 | 1,353 | 1,312,423 | ||||||||||||||
Term Loan B(f) | - | 03/31/2029 | 2,950 | 2,734,299 | ||||||||||||||
McGraw-Hill Education, Inc., Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.55% | 07/30/2028 | 2,807 | 2,676,372 | ||||||||||||||
Micro Holding L.P., Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 09/13/2024 | 1,377 | 1,334,278 | ||||||||||||||
16,334,217 | ||||||||||||||||||
Radio & Television–1.33% | ||||||||||||||||||
Diamond Sports Holdings LLC | ||||||||||||||||||
First Lien Term Loan (1 mo. SOFR + 8.00%) | 9.00% | 05/25/2026 | 1,029 | 1,038,763 | ||||||||||||||
Second Lien Term Loan (1 mo. SOFR + 3.25%) | 4.09% | 08/24/2026 | 1,314 | 406,445 | ||||||||||||||
Gray Television, Inc. | ||||||||||||||||||
Term Loan C (3 mo. USD LIBOR + 2.50%) | 3.30% | 01/02/2026 | 11 | 10,500 | ||||||||||||||
Term Loan D (1 mo. USD LIBOR + 3.00%) | 3.80% | 12/01/2028 | 1,225 | 1,194,154 | ||||||||||||||
iHeartCommunications, Inc., Incremental Term Loan (1 mo. USD LIBOR + 3.25%) | 4.31% | 05/01/2026 | 220 | 212,136 | ||||||||||||||
Sinclair Television Group, Inc. | ||||||||||||||||||
Term Loan B-2-B (1 mo. USD LIBOR + 2.50%) | 3.56% | 09/30/2026 | 738 | 701,331 | ||||||||||||||
Term Loan B-3 (1 mo. USD LIBOR + 3.00%) | 4.06% | 04/01/2028 | 698 | 662,770 | ||||||||||||||
Term Loan B-4 (1 mo. SOFR + 3.75%) | 4.88% | 04/20/2029 | 1,274 | 1,215,501 | ||||||||||||||
Univision Communications, Inc., Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 05/05/2028 | 269 | 258,114 | ||||||||||||||
5,699,714 | ||||||||||||||||||
Retailers (except Food & Drug)-3.20% | ||||||||||||||||||
Bass Pro Group LLC, Term Loan B-2 (1 mo. USD LIBOR + 3.75%) | 4.81% | 03/06/2028 | 3,135 | 2,987,045 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Retailers (except Food & Drug)–(continued) | ||||||||||||||||||
Claire’s Stores, Inc., Term Loan (1 mo. USD LIBOR + 6.50%) | 7.56% | 12/18/2026 | $ | 571 | $ 554,286 | |||||||||||||
CNT Holdings I Corp. (1-800 Contacts) | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 3.50%) | 4.34% | 11/08/2027 | 1,603 | 1,561,622 | ||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.75%) | 7.59% | 11/06/2028 | 402 | 391,251 | ||||||||||||||
Kirk Beauty One GmbH (Germany) | ||||||||||||||||||
Term Loan B-1 (3 mo. EURIBOR + 5.50%) | 5.50% | 04/08/2026 | EUR | 297 | 286,707 | |||||||||||||
Term Loan B-2 (3 mo. EURIBOR + 5.50%) | 5.50% | 04/08/2026 | EUR | 171 | 165,038 | |||||||||||||
Term Loan B-3(f) | - | 04/08/2026 | EUR | 83 | 79,724 | |||||||||||||
Term Loan B-3 (3 mo. EURIBOR + 5.50%) | 5.50% | 04/08/2026 | EUR | 333 | 320,509 | |||||||||||||
Term Loan B-4 (3 mo. EURIBOR + 5.50%) | 5.50% | 04/08/2026 | EUR | 526 | 506,532 | |||||||||||||
Term Loan B-5 (3 mo. EURIBOR + 5.50%) | 5.50% | 04/08/2026 | EUR | 117 | 112,660 | |||||||||||||
Petco Animal Supplies, Inc., First Lien Term loan (2 mo. USD LIBOR + 3.25%) | 4.26% | 03/02/2028 | 1,483 | 1,416,153 | ||||||||||||||
PetSmart, Inc., Term Loan (1 mo. USD LIBOR + 3.75%) | 4.50% | 02/11/2028 | 4,598 | 4,334,610 | ||||||||||||||
Savers, Inc., Term Loan B (1 mo. USD LIBOR + 5.50%) | 6.51% | 04/21/2028 | 1,057 | 1,025,012 | ||||||||||||||
13,741,149 | ||||||||||||||||||
Surface Transport–2.00% | ||||||||||||||||||
American Trailer World Corp., First Lien Term Loan (1 mo. SOFR + 3.75%) | 4.63% | 03/03/2028 | 2,030 | 1,831,587 | ||||||||||||||
ASP LS Acquisition Corp., Incremental Term Loan B (1 mo. USD LIBOR + 4.50%) | 5.25% | 05/07/2028 | 256 | 244,557 | ||||||||||||||
Carriage Purchaser, Inc., Term Loan B (1 mo. USD LIBOR + 4.25%) | 5.31% | 09/30/2028 | 569 | 539,928 | ||||||||||||||
First Student Bidco, Inc. | ||||||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.00%) | 3.98% | 07/21/2028 | 1,165 | 1,099,575 | ||||||||||||||
Term Loan C (1 mo. USD LIBOR + 3.00%) | 3.98% | 07/21/2028 | 419 | 395,777 | ||||||||||||||
Hurtigruten (Explorer II AS) (Norway) | ||||||||||||||||||
Term Loan B (3 mo. EURIBOR + 3.50%) | 4.00% | 02/24/2025 | EUR | 1,769 | 1,606,207 | |||||||||||||
Term Loan C (3 mo. EURIBOR + 8.00%) | 8.00% | 06/16/2023 | EUR | 1,000 | 1,039,234 | |||||||||||||
Novae LLC | ||||||||||||||||||
Delayed Draw Term Loan (3 mo. SOFR + 5.00%) | 5.92% | 12/22/2028 | 181 | 175,902 | ||||||||||||||
Delayed Draw Term Loan(e) | 0.00% | 12/22/2028 | 2 | 1,777 | ||||||||||||||
Term Loan B (1 mo. SOFR + 5.00%) | 5.80% | 12/22/2028 | 640 | 621,876 | ||||||||||||||
Odyssey Logistics & Technology Corp., First Lien Term Loan (3 mo. USD LIBOR + 4.00%) | 5.24% | 10/12/2024 | 199 | 193,704 | ||||||||||||||
STG - XPOI Opportunity, Term Loan B (1 mo. SOFR + 6.00%) | 6.75% | 04/30/2028 | 870 | 854,939 | ||||||||||||||
8,605,063 | ||||||||||||||||||
Telecommunications–6.46% | ||||||||||||||||||
Avaya, Inc. | ||||||||||||||||||
First Lien Term Loan (1 mo. USD LIBOR + 4.25%) | 5.12% | 12/15/2027 | 588 | 446,357 | ||||||||||||||
Term Loan B-2 (1 mo. USD LIBOR + 4.00%) | 4.87% | 12/15/2027 | 967 | 735,655 | ||||||||||||||
Cablevision Lightpath LLC, Term Loan (1 mo. USD LIBOR + 3.25%) | 4.12% | 11/30/2027 | 527 | 511,287 | ||||||||||||||
CCI Buyer, Inc., Term Loan (1 mo. SOFR + 3.75%) | 4.75% | 12/13/2027 | 3,288 | 3,163,387 | ||||||||||||||
CenturyLink, Inc., Term Loan B (1 mo. USD LIBOR + 2.25%) | 3.31% | 03/15/2027 | 7 | 6,798 | ||||||||||||||
Cincinnati Bell, Inc., Term Loan B-2 (1 mo. SOFR + 3.25%) | 4.05% | 11/17/2028 | 19 | 17,962 | ||||||||||||||
Colorado Buyer, Inc. | ||||||||||||||||||
First Lien Incremental Term Loan (1 mo. USD LIBOR + 4.00%) | 5.00% | 05/01/2024 | 1,398 | 1,355,800 | ||||||||||||||
Term Loan (3 mo. USD LIBOR + 3.00%) | 4.00% | 05/01/2024 | 7 | 6,647 | ||||||||||||||
Crown Subsea Communications Holding, Inc., Term Loan B (1 mo. USD LIBOR + 4.75%) | 5.55% | 04/27/2027 | 858 | 836,401 | ||||||||||||||
Eagle Broadband Investments LLC (Mega Broadband), Term Loan (1 mo. USD LIBOR + 3.00%) | 4.06% | 11/12/2027 | 110 | 106,577 | ||||||||||||||
Frontier Communications Corp., Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.81% | 05/01/2028 | 1,336 | 1,281,310 | ||||||||||||||
Inmarsat Finance PLC (United Kingdom), Term Loan (1 mo. USD LIBOR + 3.50%) | 4.56% | 12/11/2026 | 1,504 | 1,448,000 | ||||||||||||||
Intelsat Jackson Holdings S.A. (Luxembourg), Term Loan B (1 mo. SOFR + 4.00%) | 4.92% | 01/27/2029 | 4,545 | 4,299,679 | ||||||||||||||
Iridium Satellite LLC, Term Loan B (1 mo. USD LIBOR + 2.50%) | 3.56% | 11/04/2026 | 27 | 26,520 | ||||||||||||||
Level 3 Financing, Inc., Term Loan B (1 mo. USD LIBOR + 1.75%) | 2.81% | 03/01/2027 | 118 | 113,567 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||||
Telecommunications–(continued) | ||||||||||||||||||
MLN US HoldCo LLC | ||||||||||||||||||
First Lien Term Loan B (3 mo. USD LIBOR + 4.50%) | 5.30% | 11/30/2025 | $ | 2,124 | $ 1,781,641 | |||||||||||||
Second Lien Term Loan B (3 mo. USD LIBOR + 8.75%) | 9.55% | 11/30/2026 | 1,596 | 1,340,501 | ||||||||||||||
Radiate Holdco LLC, Term Loan B (1 mo. USD LIBOR + 3.25%) | 4.31% | 09/25/2026 | 1,611 | 1,566,025 | ||||||||||||||
SBA Senior Finance II LLC, Term Loan (3 mo. USD LIBOR + 1.75%) | 2.81% | 04/11/2025 | 11 | 11,203 | ||||||||||||||
Telesat LLC, Term Loan B-5 (1 mo. USD LIBOR + 2.75%) | 3.81% | 12/07/2026 | 1,999 | 1,454,270 | ||||||||||||||
U.S. Telepacific Corp., Term Loan (3 mo. SOFR + 2.00%) | 6.50% | 05/01/2026 | 2,796 | 1,633,045 | ||||||||||||||
ViaSat, Inc., First Lien Term Loan B (1 mo. SOFR + 3.75%) | 5.65% | 02/23/2029 | 634 | 615,401 | ||||||||||||||
Voyage Digital (NC) Ltd., Term Loan B(d)(f) | - | 03/03/2029 | 845 | 834,371 | ||||||||||||||
Windstream Services LLC, Term Loan B (1 mo. USD LIBOR + 6.25%) | 7.31% | 09/21/2027 | 2,182 | 2,067,708 | ||||||||||||||
Zayo Group LLC, Incremental Term Loan(f) | - | 03/09/2027 | 2,133 | 2,050,852 | ||||||||||||||
27,710,964 | ||||||||||||||||||
Utilities–2.95% | ||||||||||||||||||
AI Alpine US Bidco, Inc., Term Loan B (3 mo. EURIBOR + 4.25%) | 4.25% | 10/31/2025 | EUR | 300 | 311,013 | |||||||||||||
APLP Holdings L.P. (Canada), Term Loan B (1 mo. USD LIBOR + 3.75%) | 4.76% | 05/14/2027 | 445 | 436,451 | ||||||||||||||
Brookfield WEC Holdings, Inc., Incremental Term Loan(f) | - | 08/01/2025 | 1,067 | 1,036,804 | ||||||||||||||
Eastern Power LLC, Term Loan (1 mo. USD LIBOR + 3.75%) | 4.76% | 10/02/2025 | 2,294 | 1,646,594 | ||||||||||||||
Generation Bridge LLC | ||||||||||||||||||
Term Loan B (3 mo. USD LIBOR + 5.00%) | 6.01% | 12/01/2028 | 788 | 782,083 | ||||||||||||||
Term Loan C (3 mo. USD LIBOR + 5.00%) | 6.01% | 12/01/2028 | 16 | 16,334 | ||||||||||||||
Granite Generation LLC, Term Loan (1 mo. USD LIBOR + 3.75%) | 4.81% | 11/09/2026 | 1,932 | 1,789,324 | ||||||||||||||
Heritage Power LLC, Term Loan (1 mo. USD LIBOR + 6.00%) | 7.24% | 07/30/2026 | 1,494 | 667,604 | ||||||||||||||
KAMC Holdings, Inc., First Lien Term Loan B (3 mo. USD LIBOR + 4.00%) | 5.57% | 08/14/2026 | 595 | 479,322 | ||||||||||||||
Lightstone Holdco LLC | ||||||||||||||||||
Term Loan B(f) | - | 01/30/2024 | 2,482 | 2,289,330 | ||||||||||||||
Term Loan C(f) | - | 01/30/2024 | 142 | 130,730 | ||||||||||||||
Nautilus Power LLC, Term Loan (3 mo. USD LIBOR + 4.25%) | 5.31% | 05/16/2024 | 1,227 | 1,010,729 | ||||||||||||||
Osmose Utilities Services, Inc., First Lien Term Loan (1 mo. USD LIBOR + 3.25%) | 4.31% | 06/23/2028 | 1,060 | 993,620 | ||||||||||||||
Urbaser (Spain), Term Loan B (3 mo. EURIBOR + 4.75%) | 4.75% | 10/23/2028 | EUR | 643 | 673,679 | |||||||||||||
USIC Holding, Inc. | ||||||||||||||||||
Second Lien Term Loan (1 mo. USD LIBOR + 6.50%) | 7.56% | 05/07/2029 | 172 | 165,027 | ||||||||||||||
Term Loan B (1 mo. USD LIBOR + 3.50%) | 4.56% | 05/12/2028 | 253 | 244,310 | ||||||||||||||
12,672,954 | ||||||||||||||||||
Total Variable Rate Senior Loan Interests (Cost $491,873,489) | 465,079,168 | |||||||||||||||||
Shares | ||||||||||||||||||
Common Stocks & Other Equity Interests–8.54%(k) | ||||||||||||||||||
Aerospace & Defense–1.08% | ||||||||||||||||||
IAP Worldwide Services, Inc.(d) | 342 | 4,633,814 | ||||||||||||||||
Automotive–0.01% | ||||||||||||||||||
ThermaSys Corp.(d) | 676,996 | 20,310 | ||||||||||||||||
Building & Development–0.00% | ||||||||||||||||||
Lake at Las Vegas Joint Venture LLC, Class A(d) | 780 | 0 | ||||||||||||||||
Lake at Las Vegas Joint Venture LLC, Class B(d) | 9 | 0 | ||||||||||||||||
0 | ||||||||||||||||||
Business Equipment & Services–0.95% | ||||||||||||||||||
Checkout Holding Corp. (Acquired 02/15/2019; Cost $2,251,966)(h) | 6,741 | 2,359 | ||||||||||||||||
My Alarm Center LLC, Class A (Acquired 03/09/2021-12/03/2021; Cost $3,381,699)(d)(h) |
| 25,611 | 4,084,920 | |||||||||||||||
| 4,087,279 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Shares | Value | |||||||||||||||
Containers & Glass Products-0.03% | ||||||||||||||||
Libbey Glass, Inc. (Acquired 11/13/2020-02/10/2022; Cost $32,297)(h) | 7,940 | $ 136,965 | ||||||||||||||
Electronics & Electrical-0.01% | ||||||||||||||||
Riverbed Technology, Inc. (Acquired 12/06/2021; Cost $316,609)(h) | 18,902 | 53,559 | ||||||||||||||
Financial Intermediaries-0.00% | ||||||||||||||||
RJO Holdings Corp.(d) | 2,851 | 2,851 | ||||||||||||||
RJO Holdings Corp., Class A(d) | 2,314 | 2,314 | ||||||||||||||
RJO Holdings Corp., Class B(d) | 3,000 | 30 | ||||||||||||||
5,195 | ||||||||||||||||
Health Care-0.03% | ||||||||||||||||
Envigo RMS Holding Corp.(d) | 7,462 | 108,460 | ||||||||||||||
Leisure Goods, Activities & Movies-0.42% | ||||||||||||||||
Crown Finance US, Inc., Wts., expiring 11/23/2025 (Acquired 12/09/2020; Cost $0)(h) | 171,770 | 34,631 | ||||||||||||||
USF S&H Holdco LLC(d) | 1,785 | 1,782,028 | ||||||||||||||
1,816,659 | ||||||||||||||||
Lodging & Casinos-0.54% | ||||||||||||||||
Bally’s Corp.(l) | 72,757 | 1,901,868 | ||||||||||||||
Caesars Entertainment, Inc.(l) | 8,413 | 422,080 | ||||||||||||||
2,323,948 | ||||||||||||||||
Oil & Gas-3.53% | ||||||||||||||||
Aquadrill LLC | 49,326 | 2,026,485 | ||||||||||||||
HGIM Corp. (Acquired 07/02/2018-08/31/2021; Cost $769,269)(h) | 8,544 | 72,624 | ||||||||||||||
HGIM Corp., Wts., expiring 07/02/2043 (Acquired 07/02/2018; Cost $487,931)(h) | 5,420 | 46,070 | ||||||||||||||
McDermott International Ltd.(l) | 210,471 | 132,597 | ||||||||||||||
McDermott International Ltd.(d) | 657,235 | 393,355 | ||||||||||||||
NexTier Oilfield Solutions, Inc.(l) | 44,006 | 479,665 | ||||||||||||||
Noble Corp.(l) | 929 | 33,704 | ||||||||||||||
QuarterNorth Energy, Inc. (Acquired 06/02/2021-10/29/2021; Cost $3,240,271)(h) | 78,026 | 10,143,380 | ||||||||||||||
QuarterNorth Energy, Inc., Wts., expiring 08/27/2029 (Acquired 08/27/2021; Cost $133,695)(h) | 14,855 | 155,978 | ||||||||||||||
QuarterNorth Energy, Inc., Wts., expiring 08/27/2029 (Acquired 08/27/2021; Cost $171,654)(h) | 28,609 | 207,415 | ||||||||||||||
Samson Investment Co., Class A(d) | 84,254 | 52,659 | ||||||||||||||
Southcross Energy Partners L.P. (Acquired 08/05/2014-10/29/2020; Cost $759,465)(h) | 73,367 | 2,201 | ||||||||||||||
Transocean Ltd.(l) | 191,873 | 790,517 | ||||||||||||||
Tribune Resources, Inc. | 382,888 | 631,765 | ||||||||||||||
Tribune Resources, Inc., Wts., expiring 04/03/2023(d) | 99,132 | 2,478 | ||||||||||||||
15,170,893 | ||||||||||||||||
Radio & Television-0.28% | ||||||||||||||||
iHeartMedia, Inc., Class A(l) | 101,257 | 1,194,833 | ||||||||||||||
iHeartMedia, Inc., Class B | 17 | 255 | ||||||||||||||
1,195,088 | ||||||||||||||||
Retailers (except Food & Drug)-0.07% | ||||||||||||||||
Claire’s Stores, Inc. | 446 | 146,065 | ||||||||||||||
Toys ’R’ Us-Delaware, Inc.(d) | 17 | 41,828 | ||||||||||||||
Vivarte S.A.S.(d) | 233,415 | 111,369 | ||||||||||||||
299,262 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Shares | Value | |||||||||||||||
Surface Transport–0.08% | ||||||||||||||||
Commercial Barge Line Co. (Acquired 02/15/2018-02/06/2020; Cost $420,320)(h) | 4,992 | $ 107,328 | ||||||||||||||
Commercial Barge Line Co., Series A, Wts., expiring 08/18/2030 | 156,208 | 49,628 | ||||||||||||||
Commercial Barge Line Co., Series B, Wts., expiring 04/30/2045 | 123,544 | 52,335 | ||||||||||||||
Commercial Barge Line Co., Wts., expiring 04/27/2045 (Acquired 02/15/2018-02/06/2020; Cost $441,875)(h) |
| 5,248 | 112,832 | |||||||||||||
322,123 | ||||||||||||||||
Utilities–1.51% | ||||||||||||||||
Vistra Corp. | 227,983 | 6,011,912 | ||||||||||||||
Vistra Operations Co. LLC, Rts., expiring 12/31/2046 | 366,133 | 485,126 | ||||||||||||||
6,497,038 | ||||||||||||||||
Total Common Stocks & Other Equity Interests (Cost $43,361,645) | 36,670,593 | |||||||||||||||
Interest Rate | Maturity Date | Principal Amount (000)(a) | ||||||||||||||
U.S. Dollar Denominated Bonds & Notes–4.01% | ||||||||||||||||
Air Transport–0.19% | ||||||||||||||||
Mesa Airlines, Inc., Class B (d) | 5.75% | 07/15/2025 | $ 795 | 830,196 | ||||||||||||
Building & Development–0.66% | ||||||||||||||||
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC (Acquired 09/22/2021-12/17/2021; Cost $1,041,121)(h)(m) | 4.50% | 04/01/2027 | 1,045 | 977,065 | ||||||||||||
Brookfield Property REIT, Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LLC (Acquired 10/13/2020-11/19/2020; Cost $1,665,733)(h)(m) | 5.75% | 05/15/2026 | 1,873 | 1,843,528 | ||||||||||||
2,820,593 | ||||||||||||||||
Business Equipment & Services–0.14% | ||||||||||||||||
Advantage Sales & Marketing, Inc. (m) | 6.50% | 11/15/2028 | 695 | 620,228 | ||||||||||||
Cable & Satellite Television–0.45% | ||||||||||||||||
Altice Financing S.A. (Luxembourg) (Acquired 03/02/2020-10/01/2021; | 5.00% | 01/15/2028 | 671 | 609,134 | ||||||||||||
Altice France S.A. (France)(m) | 5.50% | 01/15/2028 | 328 | 292,501 | ||||||||||||
Altice France S.A. (France)(m) | 5.50% | 10/15/2029 | 305 | 265,155 | ||||||||||||
Virgin Media Secured Finance PLC (United Kingdom)(m) | 4.50% | 08/15/2030 | 849 | 769,236 | ||||||||||||
1,936,026 | ||||||||||||||||
Chemicals & Plastics–0.26% | ||||||||||||||||
EverArc Escrow S.a.r.l. (m) | 5.00% | 10/30/2029 | 1,067 | 930,590 | ||||||||||||
Herens Holdco S.a.r.l. (Luxembourg)(m) | 4.75% | 05/15/2028 | 195 | 168,934 | ||||||||||||
1,099,524 | ||||||||||||||||
Containers & Glass Products–0.03% | �� | |||||||||||||||
LABL, Inc. (m) | 5.88% | 11/01/2028 | 131 | 120,111 | ||||||||||||
Electronics & Electrical–0.17% | ||||||||||||||||
CommScope, Inc. (m) | 4.75% | 09/01/2029 | 325 | 288,307 | ||||||||||||
Energizer Holdings, Inc.(m) | 4.38% | 03/31/2029 | 528 | 447,480 | ||||||||||||
735,787 | ||||||||||||||||
Food Service–0.09% | ||||||||||||||||
eG Global Finance PLC (United Kingdom) (m) | 6.75% | 02/07/2025 | 412 | 402,151 | ||||||||||||
Health Care–0.07% | ||||||||||||||||
Global Medical Response, Inc. (m) | 6.50% | 10/01/2025 | 298 | 286,640 | ||||||||||||
Industrial Equipment–0.64% | ||||||||||||||||
F-Brasile S.p.A./F-Brasile US LLC, Series XR (Italy) (m) | 7.38% | 08/15/2026 | 2,987 | 2,410,166 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||
Industrial Equipment–(continued) | ||||||||||||||||
TK Elevator Holdco GmbH (Germany)(m) | 7.63% | 07/15/2028 | $ 361 | $ 339,556 | ||||||||||||
2,749,722 | ||||||||||||||||
Leisure Goods, Activities & Movies–0.41% | ||||||||||||||||
AMC Entertainment Holdings, Inc. (m) | 7.50% | 02/15/2029 | 1,908 | 1,750,590 | ||||||||||||
Nonferrous Metals & Minerals–0.16% | ||||||||||||||||
SCIH Salt Holdings, Inc. (m) | 4.88% | 05/01/2028 | 720 | 670,133 | ||||||||||||
Publishing–0.42% | ||||||||||||||||
McGraw-Hill Education, Inc. (m) | 5.75% | 08/01/2028 | 1,990 | 1,818,263 | ||||||||||||
Radio & Television–0.10% | ||||||||||||||||
Diamond Sports Group LLC/Diamond Sports Finance Co. (m) | 5.38% | 08/15/2026 | 825 | 273,665 | ||||||||||||
iHeartCommunications, Inc.(m) | 4.75% | 01/15/2028 | 194 | 175,194 | ||||||||||||
448,859 | ||||||||||||||||
Telecommunications–0.22% | ||||||||||||||||
Windstream Escrow LLC/Windstream Escrow Finance Corp. (m) | 7.75% | 08/15/2028 | 1,007 | 929,204 | ||||||||||||
Total U.S. Dollar Denominated Bonds & Notes (Cost $19,283,707) | 17,218,027 | |||||||||||||||
Non-U.S. Dollar Denominated Bonds & Notes–3.32%(n) | ||||||||||||||||
Automotive–0.28% | ||||||||||||||||
Cabonline Group Holding AB (Sweden) (3 mo. STIBOR + 9.50%)(m)(o) | 9.57% | 04/19/2026 | SEK | 10,000 | 1,034,205 | |||||||||||
Leather 2 S.p.A. (Italy) (3 mo. EURIBOR + 4.50%)(m)(o) | 4.50% | 09/30/2028 | EUR | 206 | 192,799 | |||||||||||
1,227,004 | ||||||||||||||||
Building & Development–0.12% | ||||||||||||||||
APCOA Parking Holdings GmbH (Germany) (3 mo. EURIBOR + 5.00%)(m)(o) | 5.00% | 01/15/2027 | EUR | 272 | 283,443 | |||||||||||
Haya Real Estate S.A. (Spain) (3 mo. EURIBOR + 5.13%)(m)(o) | 5.13% | 11/15/2022 | EUR | 100 | 75,525 | |||||||||||
Haya Real Estate S.A. (Spain)(m) | 5.25% | 11/15/2022 | EUR | 198 | 148,900 | |||||||||||
507,868 | ||||||||||||||||
Business Equipment & Services–0.16% | ||||||||||||||||
Paganini Bidco S.p.A. (Italy) (3 mo. EURIBOR + 4.25%)(m)(o) | 4.25% | 10/30/2028 | EUR | 694 | 713,845 | |||||||||||
Cable & Satellite Television–0.21% | ||||||||||||||||
Altice Financing S.A. (Luxembourg) (Acquired 01/08/2020; | 3.00% | 01/15/2028 | EUR | 260 | 237,189 | |||||||||||
Altice Finco S.A. (Luxembourg) (Acquired 10/05/2017-09/14/2020; Cost $846,997)(h)(m) | 4.75% | 01/15/2028 | EUR | 756 | 679,232 | |||||||||||
916,421 | ||||||||||||||||
Chemicals & Plastics–0.10% | ||||||||||||||||
Herens Midco S.a.r.l. (Luxembourg)(m) | 5.25% | 05/15/2029 | EUR | 506 | 416,245 | |||||||||||
Electronics & Electrical–0.16% | ||||||||||||||||
Castor S.p.A. (Italy) (3 mo. EURIBOR + 5.25%)(m)(o) | 5.25% | 02/15/2029 | EUR | 660 | 689,338 | |||||||||||
Financial Intermediaries–1.02% | ||||||||||||||||
AnaCap Financial Europe S.A. SICAV-RAIF (Italy) (3 mo. | 5.00% | 08/01/2024 | EUR | 1,101 | 1,091,838 | |||||||||||
Garfunkelux Holdco 3 S.A. (Luxembourg) (3 mo. EURIBOR + 6.25%)(m)(o) | 6.25% | 05/01/2026 | EUR | 632 | 664,681 | |||||||||||
Garfunkelux Holdco 3 S.A. (Luxembourg)(m) | 6.75% | 11/01/2025 | EUR | 909 | 926,070 | |||||||||||
Kane Bidco Ltd. (United Kingdom)(m) | 5.00% | 02/15/2027 | EUR | 139 | 138,692 | |||||||||||
Kane Bidco Ltd. (United Kingdom)(m) | 6.50% | 02/15/2027 | GBP | 174 | 201,305 | |||||||||||
Sherwood Financing PLC (United Kingdom)(m) | 4.50% | 11/15/2026 | EUR | 200 | 195,514 | |||||||||||
Sherwood Financing PLC (United Kingdom)(m) | 6.00% | 11/15/2026 | GBP | 202 | 222,941 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Interest Rate | Maturity Date | Principal Amount (000)(a) | Value | |||||||||||||
Financial Intermediaries–(continued) | ||||||||||||||||
Sherwood Financing PLC (United Kingdom) (3 mo. EURIBOR + 4.63%)(m)(o) | 4.63% | 11/15/2027 | EUR | 891 | $ 925,446 | |||||||||||
4,366,487 | ||||||||||||||||
Health Care–0.12% | ||||||||||||||||
Kepler S.p.A. (United Kingdom) (3 mo. EURIBOR + 5.75%)(m)(o) | 5.38% | 05/15/2029 | EUR | 486 | 508,180 | |||||||||||
Home Furnishings–0.33% | ||||||||||||||||
Ideal Standard International S.A. (Belgium)(m) | 6.38% | 07/30/2026 | EUR | 316 | 237,639 | |||||||||||
Very Group Funding PLC (The) (United Kingdom)(m) | 6.50% | 08/01/2026 | GBP | 1,101 | 1,172,189 | |||||||||||
1,409,828 | ||||||||||||||||
Leisure Goods, Activities & Movies–0.10% | ||||||||||||||||
Deuce Finco PLC (United Kingdom) (3 mo. EURIBOR + 4.75%)(m)(o) | 4.75% | 06/15/2027 | EUR | 211 | 200,599 | |||||||||||
Deuce Finco PLC (United Kingdom)(m) | 5.50% | 06/15/2027 | GBP | 211 | 228,309 | |||||||||||
428,908 | ||||||||||||||||
Lodging & Casinos–0.27% | ||||||||||||||||
TVL Finance PLC (United Kingdom) (SONIA + 5.38%)(m)(o) | 6.25% | 07/15/2025 | GBP | 989 | 1,166,479 | |||||||||||
Retailers (except Food & Drug)–0.29% | ||||||||||||||||
Douglas GmbH (Germany)(m) | 6.00% | 04/08/2026 | EUR | 788 | 721,486 | |||||||||||
Kirk Beauty SUN GmbH (Germany)(m) | 8.25% | 10/01/2026 | EUR | 702 | 524,958 | |||||||||||
1,246,444 | ||||||||||||||||
Surface Transport–0.16% | ||||||||||||||||
Zenith Finco PLC (United Kingdom)(m) | 6.50% | 06/30/2027 | GBP | 632 | 672,944 | |||||||||||
Total Non-U.S. Dollar Denominated Bonds & Notes (Cost $17,102,207) | 14,269,991 | |||||||||||||||
Shares | ||||||||||||||||
Preferred Stocks–0.76%(k) | ||||||||||||||||
Automotive–0.00% | ||||||||||||||||
ThermaSys Corp., Series A, Pfd.(d) | 144,220 | 4,327 | ||||||||||||||
Containers & Glass Products–0.10% | ||||||||||||||||
Libbey Glass, Inc., Pfd. (Acquired 11/13/2020-03/15/2022; Cost $340,066)(d)(h) | 3,399 | 418,148 | ||||||||||||||
Electronics & Electrical–0.07% | ||||||||||||||||
Riverbed Technology, Inc., Pfd. (Acquired 12/06/2021; Cost $0)(h) | 27,194 | 240,667 | ||||||||||||||
Riverbed Technology, Inc., Pfd. | 8,195 | 72,526 | ||||||||||||||
313,193 | ||||||||||||||||
Financial Intermediaries–0.00% | ||||||||||||||||
RJO Holdings Corp., Series A-2, Pfd.(d) | 584 | 2,920 | ||||||||||||||
Oil & Gas–0.09% | ||||||||||||||||
McDermott International Ltd., Pfd.(d) | 563,918 | 366,547 | ||||||||||||||
Southcross Energy Partners L.P., Series A, Pfd. (Acquired 05/07/2019-08/23/2019; Cost $291,940)(d)(h) |
| 292,193 | 21,914 | |||||||||||||
388,461 | ||||||||||||||||
Surface Transport–0.50% | ||||||||||||||||
Commercial Barge Line Co., Series A, Pfd. (Acquired 02/15/2018-02/06/2020; Cost $938,463)(h) | 18,575 | 464,375 | ||||||||||||||
Commercial Barge Line Co., Series A, Pfd., Wts., expiring 04/27/2045 (Acquired 02/15/2018-02/06/2020; Cost $986,469)(h) | 19,526 | 488,150 | ||||||||||||||
Commercial Barge Line Co., Series B, Pfd. (Acquired 02/05/2020-10/27/2020; Cost $505,738)(h) | 21,989 | 692,653 |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Shares | Value | |||||||||||||||||
| ||||||||||||||||||
Surface Transport–(continued) | ||||||||||||||||||
Commercial Barge Line Co., Series B, Pfd., Wts., expiring 04/27/2045 (Acquired 02/05/2020-10/27/2020; Cost $355,189)(h) | 15,443 | $ | 486,455 | |||||||||||||||
| ||||||||||||||||||
2,131,633 | ||||||||||||||||||
| ||||||||||||||||||
Total Preferred Stocks (Cost $3,814,729) | 3,258,682 | |||||||||||||||||
| ||||||||||||||||||
Interest Rate | Maturity Date | Principal Amount (000)(a) | ||||||||||||||||
Municipal Obligations–0.43% | ||||||||||||||||||
Arizona–0.43% | ||||||||||||||||||
Arizona (State of) Industrial Development Authority, Series 2022, RB | 0.00% | 01/01/2028 | $ 2,154 | 1,854,556 | ||||||||||||||
| ||||||||||||||||||
TOTAL INVESTMENTS IN SECURITIES(p)-125.40% (Cost $577,381,582) |
| 538,351,017 | ||||||||||||||||
| ||||||||||||||||||
BORROWINGS-(19.22)% | (82,500,000 | ) | ||||||||||||||||
| ||||||||||||||||||
OTHER ASSETS LESS LIABILITIES-(6.18)% | (26,554,057 | ) | ||||||||||||||||
| ||||||||||||||||||
NET ASSETS-100.00% | $ | 429,296,960 | ||||||||||||||||
|
Investment Abbreviations:
EUR | - Euro | |
EURIBOR | - Euro Interbank Offered Rate | |
GBP | - British Pound Sterling | |
LIBOR | - London Interbank Offered Rate | |
LOC | - Letter of Credit | |
Pfd. | - Preferred | |
PIK | - Pay-in-Kind | |
RB | - Revenue Bonds | |
Rts. | - Rights | |
SEK | - Swedish Krona | |
SOFR | - Secured Overnight Financing Rate | |
SONIA | - Sterling Overnight Index Average | |
STIBOR | - Stockholm Interbank Offered Rate | |
USD | - U.S. Dollar | |
Wts. | - Warrants |
Notes to Schedule of Investments:
(a) | Principal amounts are denominated in U.S. dollars unless otherwise noted. |
(b) | 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. |
(c) | Variable rate senior loan interests are, at present, not readily marketable, not registered under the Securities Act of 1933, as amended (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. |
(d) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
(e) | All or a portion of this holding is subject to unfunded loan commitments. Interest rate will be determined at the time of funding. |
(f) | This variable rate interest will settle after May 31, 2022, at which time the interest rate will be determined. |
(g) | All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities. |
(h) | Restricted security. The aggregate value of these securities at May 31, 2022 was $35,431,982, which represented 8.25% of the Fund’s Net Assets. |
(i) | The borrower has filed for protection in federal bankruptcy court. |
(j) | Defaulted security. Currently, the issuer is in default with respect to principal and/or interest payments. The aggregate value of these securities at May 31, 2022 was $5,290,874, which represented 1.23% of the Fund’s Net Assets. |
(k) | Securities acquired through the restructuring of senior loans. |
(l) | Non-income producing security. |
(m) | Security purchased or received in a transaction exempt from registration under 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 May 31, 2022 was $32,512,378, which represented 7.57% of the Fund’s Net Assets. |
(n) | Foreign denominated security. Principal amount is denominated in the currency indicated. |
(o) | Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on May 31, 2022. |
(p) | Calculated as a percentage of net assets. Amounts in excess of 100% are due to the Fund’s use of leverage. |
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Open Forward Foreign Currency Contracts | ||||||||||||||
| ||||||||||||||
Settlement Date | Contract to | Unrealized Appreciation | ||||||||||||
Counterparty | Deliver | Receive | ||||||||||||
| ||||||||||||||
Currency Risk | ||||||||||||||
| ||||||||||||||
06/30/2022 | Barclays Bank PLC | EUR | 15,761,374 | USD | 17,163,979 | $ 219,576 | ||||||||
| ||||||||||||||
06/30/2022 | Barclays Bank PLC | USD | 162,892 | GBP | 131,166 | 2,408 | ||||||||
| ||||||||||||||
06/30/2022 | BNP Paribas S.A. | NOK | 774 | USD | 89 | 6 | ||||||||
| ||||||||||||||
06/30/2022 | Canadian Imperial Bank of Commerce | USD | 16,343,476 | EUR | 15,513,504 | 334,452 | ||||||||
| ||||||||||||||
06/30/2022 | Goldman Sachs International | EUR | 167,449 | USD | 182,394 | 2,376 | ||||||||
| ||||||||||||||
06/30/2022 | Goldman Sachs International | USD | 560,124 | EUR | 530,772 | 10,488 | ||||||||
| ||||||||||||||
06/30/2022 | Morgan Stanley and Co. International PLC | EUR | 15,761,611 | USD | 17,126,094 | 181,436 | ||||||||
| ||||||||||||||
06/30/2022 | Morgan Stanley and Co. International PLC | GBP | 4,695,620 | USD | 6,112,928 | 195,313 | ||||||||
| ||||||||||||||
06/30/2022 | Morgan Stanley and Co. International PLC | SEK | 10,074,291 | USD | 1,066,717 | 34,224 | ||||||||
| ||||||||||||||
06/30/2022 | Morgan Stanley and Co. International PLC | USD | 402,906 | EUR | 380,995 | 6,686 | ||||||||
| ||||||||||||||
06/30/2022 | Morgan Stanley and Co. International PLC | USD | 4,095,065 | GBP | 3,323,793 | 93,717 | ||||||||
| ||||||||||||||
06/30/2022 | Royal Bank of Canada | USD | 80 | NOK | 774 | 3 | ||||||||
| ||||||||||||||
06/30/2022 | Royal Bank of Canada | USD | 1,002,699 | SEK | 10,074,292 | 29,794 | ||||||||
| ||||||||||||||
07/29/2022 | Royal Bank of Canada | USD | 114,474 | GBP | 91,737 | 1,165 | ||||||||
| ||||||||||||||
06/30/2022 | State Street Bank & Trust Co. | GBP | 2,695,620 | USD | 3,512,241 | 115,109 | ||||||||
| ||||||||||||||
06/30/2022 | State Street Bank & Trust Co. | USD | 16,344,252 | EUR | 15,513,504 | 333,676 | ||||||||
| ||||||||||||||
06/30/2022 | State Street Bank & Trust Co. | USD | 4,094,405 | GBP | 3,323,843 | 94,440 | ||||||||
| ||||||||||||||
07/29/2022 | State Street Bank & Trust Co. | USD | 369,428 | EUR | 343,375 | 317 | ||||||||
| ||||||||||||||
06/30/2022 | Toronto-Dominion Bank (The) | EUR | 15,761,611 | USD | 17,122,405 | 177,748 | ||||||||
| ||||||||||||||
06/30/2022 | Toronto-Dominion Bank (The) | GBP | 2,711,406 | USD | 3,533,392 | 116,366 | ||||||||
| ||||||||||||||
06/30/2022 | Toronto-Dominion Bank (The) | USD | 16,378,601 | EUR | 15,513,271 | 299,076 | ||||||||
| ||||||||||||||
06/30/2022 | Toronto-Dominion Bank (The) | USD | 4,096,146 | GBP | 3,323,843 | 92,699 | ||||||||
| ||||||||||||||
Subtotal–Appreciation | 2,341,075 | |||||||||||||
| ||||||||||||||
Currency Risk |
| |||||||||||||
| ||||||||||||||
07/29/2022 | Canadian Imperial Bank of Commerce | EUR | 15,455,450 | USD | 16,310,182 | (332,209 | ) | |||||||
| ||||||||||||||
07/29/2022 | Morgan Stanley and Co. International PLC | GBP | 3,319,359 | USD | 4,090,631 | (93,588 | ) | |||||||
| ||||||||||||||
07/29/2022 | Royal Bank of Canada | NOK | 774 | USD | 80 | (3 | ) | |||||||
| ||||||||||||||
07/29/2022 | Royal Bank of Canada | SEK | 10,103,363 | USD | 1,006,507 | (29,879 | ) | |||||||
| ||||||||||||||
07/29/2022 | State Street Bank & Trust Co. | EUR | 15,455,449 | USD | 16,310,986 | (331,406 | ) | |||||||
| ||||||||||||||
07/29/2022 | State Street Bank & Trust Co. | GBP | 3,319,409 | USD | 4,090,048 | (94,233 | ) | |||||||
| ||||||||||||||
07/29/2022 | Toronto-Dominion Bank (The) | EUR | 15,455,218 | USD | 16,345,237 | (296,905 | ) | |||||||
| ||||||||||||||
07/29/2022 | Toronto-Dominion Bank (The) | GBP | 3,319,409 | USD | 4,091,719 | (92,562 | ) | |||||||
| ||||||||||||||
Subtotal–Depreciation | (1,270,785 | ) | ||||||||||||
| ||||||||||||||
Total Forward Foreign Currency Contracts | $ 1,070,290 | |||||||||||||
|
Abbreviations:
EUR - Euro
GBP - British Pound Sterling
NOK - Norwegian Krone
SEK - Swedish Krona
USD - U.S. Dollar
The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part of this schedule.
Invesco Senior Loan Fund
Notes to Quarterly Schedule of Portfolio Holdings
May 31, 2022
(Unaudited)
NOTE 1–Additional Valuation Information
Generally Accepted Accounting Principles (“GAAP”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available or are unreliable. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 | - | Prices are determined using quoted prices in an active market for identical assets. | ||
Level 2 | - | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. | ||
Level 3 | - | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect the Fund’s own assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |
The following is a summary of the tiered valuation input levels, as of May 31, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
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Investments in Securities |
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Variable Rate Senior Loan Interests | $ - | $402,100,678 | $62,978,490 | $465,079,168 | ||||||||||||
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Common Stocks & Other Equity Interests | 10,967,176 | 14,467,001 | 11,236,416 | 36,670,593 | ||||||||||||
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U.S. Dollar Denominated Bonds & Notes | - | 16,387,831 | 830,196 | 17,218,027 | ||||||||||||
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Non-U.S. Dollar Denominated Bonds & Notes | - | 14,269,991 | - | 14,269,991 | ||||||||||||
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Preferred Stocks | - | 2,444,826 | 813,856 | 3,258,682 | ||||||||||||
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Municipal Obligations | - | 1,854,556 | - | 1,854,556 | ||||||||||||
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Total Investments in Securities | 10,967,176 | 451,524,883 | 75,858,958 | 538,351,017 | ||||||||||||
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Other Investments - Assets* | ||||||||||||||||
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Investments Matured | - | - | 449,556 | 449,556 | ||||||||||||
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Forward Foreign Currency Contracts | - | 2,341,075 | - | 2,341,075 | ||||||||||||
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- | 2,341,075 | 449,556 | 2,790,631 | |||||||||||||
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Other Investments - Liabilities* | ||||||||||||||||
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Forward Foreign Currency Contracts | - | (1,270,785 | ) | - | (1,270,785 | ) | ||||||||||
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Total Other Investments | - | 1,070,290 | 449,556 | 1,519,846 | ||||||||||||
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Total Investments | $10,967,176 | $452,595,173 | $76,308,514 | $539,870,863 | ||||||||||||
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* | Forward foreign currency contracts are valued at unrealized appreciation. Investments matured are shown at value. |
A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the reporting period in relation to net assets.
The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) during the three months ended May 31, 2022:
Value 02/28/22 | Purchases at Cost | Proceeds from Sales | Accrued Discounts/ Premiums | Realized Gain (Loss) | Change in Unrealized Appreciation (Depreciation) | Transfers into Level 3* | Transfers out of Level 3* | Value 05/31/22 | ||||||||||||||||||||||||||
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Variable Rate Senior Loan Interests | $62,917,390 | $7,739,875 | $(2,840,368 | ) | $86,273 | $ 15,583 | $(1,177,710) | $7,451,198 | $(11,213,751 | ) | $62,978,490 | |||||||||||||||||||||||
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Common Stocks & Other Equity Interests | 16,171,029 | - | 0 | - | (140,769 | ) | (2,215,952) | 114,796 | (2,692,688 | ) | 11,236,416 | |||||||||||||||||||||||
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U.S. Dollar Denominated Bonds & Notes | 877,623 | - | - | - | - | (47,427) | - | - | 830,196 | |||||||||||||||||||||||||
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Preferred Stocks | 993,999 | 154,688 | (181,442 | ) | - | 181,441 | (334,830) | - | - | 813,856 | ||||||||||||||||||||||||
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Investments Matured | 447,156 | 2,500 | - | 82 | (82 | ) | (100) | - | - | 449,556 | ||||||||||||||||||||||||
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Total | $81,407,197 | $7,897,063 | $(3,021,810 | ) | $86,355 | $ 56,173 | $(3,776,019) | $7,565,994 | $(13,906,439 | ) | $76,308,514 | |||||||||||||||||||||||
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*Transfers into and out of level 3 are due to increases or decreases in market activity impacting the available market inputs to determine the price.
Invesco Senior Loan Fund
Securities determined to be Level 3 at the end of the reporting period were valued primarily by utilizing quotes from a third-party vendor pricing service. A significant change in third-party pricing information could result in a significantly lower or higher value in Level 3 investments.
The following table summarizes the valuation techniques and significant unobservable inputs used in determining fair value measurements for those investments classified as level 3 at period end:
Fair Value at 05/31/22 | Valuation Technique | Unobservable Inputs | Range of Unobservable Inputs | Unobservable Input Used | ||||||||||||
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Boeing Co., Revolver Loan | $ | 9,112,713 | Valuation Service | N/A | N/A | N/A | (a) | |||||||||
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(a) | Securities classified as Level 3 whose unadjusted values were provided by a pricing service and for which such inputs are unobservable. The Adviser periodically reviews pricing vendor methodologies and inputs to confirm they are determined using unobservable inputs and have been appropriately classified. Such securities’ fair valuations could change significantly based on changes in unobservable inputs used by the pricing service. |
Invesco Senior Loan Fund