Schedule of Investments
May 31, 2024
(Unaudited)
| | | | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | | Principal
Amount
(000) | | | Value |
Municipal Obligations–97.86% | | | | | | | | | | | | | | |
California–93.40% | | | | | | | | | | | | | | |
Adelanto (City of), CA Public Financing Authority; Series 1996 B, RB | | | 6.30% | | | | 09/01/2028 | | | | $ 500 | | | $ 502,901 |
Adelanto Public Utility Authority (Utility System); Series 2014 A, RB | | | 5.00% | | | | 07/01/2024 | | | | 800 | | | 800,182 |
Alameda (County of), CA Redevelopment Successor Agency (Eden Area Redevelopment); Series 2006 A, RB (INS - NATL)(a) | | | 4.38% | | | | 08/01/2030 | | | | 10 | | | 10,002 |
Association of Bay Area Governments (California Redevelopment Agency Pool); Series 1994 A, RB (INS - AGM)(a) | | | 6.00% | | | | 12/15/2024 | | | | 35 | | | 35,398 |
Beaumont (City of), CA Financing Authority (Improvement Area No. 19A); Series 2015 B, Ref. RB | | | 5.00% | | | | 09/01/2025 | | | | 505 | | | 508,407 |
Bell (City of), CA Community Redevelopment Agency; Series 2003, Ref. RB (INS - AGC)(a) | | | 5.63% | | | | 10/01/2033 | | | | 25 | | | 25,049 |
Blythe (City of), CA Financing Authority (City Hall & County Courthouse); Series 1997, RB (INS - NATL)(a) | | | 5.50% | | | | 09/01/2027 | | | | 55 | | | 54,712 |
Burbank-Glendale-Pasadena Airport Authority; | | | | | | | | | | | | | | |
Series 2024 B, RB(b) | | | 5.25% | | | | 07/01/2040 | | | | 2,250 | | | 2,460,802 |
Series 2024 B, RB(b) | | | 5.25% | | | | 07/01/2042 | | | | 3,000 | | | 3,255,056 |
Series 2024 B, RB(b) | | | 5.25% | | | | 07/01/2044 | | | | 4,250 | | | 4,583,789 |
California (State of); | | | | | | | | | | | | | | |
Series 1994, GO Bonds (INS - NATL)(a) | | | 6.00% | | | | 08/01/2024 | | | | 20 | | | 20,062 |
Series 1995, GO Bonds (INS - AMBAC)(a) | | | 5.90% | | | | 03/01/2025 | | | | 15 | | | 15,080 |
Series 1996, GO Bonds (INS - FGIC)(a) | | | 5.38% | | | | 06/01/2026 | | | | 45 | | | 45,334 |
Series 1996, GO Bonds (INS - NATL)(a) | | | 5.38% | | | | 06/01/2026 | | | | 10 | | | 10,074 |
Series 1997, GO Bonds (INS - NATL)(a) | | | 5.63% | | | | 10/01/2026 | | | | 10 | | | 10,058 |
Series 1997, GO Bonds | | | 5.13% | | | | 10/01/2027 | | | | 20 | | | 20,020 |
Series 2000, GO Bonds | | | 5.63% | | | | 05/01/2026 | | | | 20 | | | 20,024 |
Series 2001, GO Bonds | | | 5.20% | | | | 11/01/2031 | | | | 5 | | | 5,005 |
Series 2002, GO Bonds (INS - SGI)(a) | | | 5.00% | | | | 10/01/2028 | | | | 5 | | | 5,004 |
Series 2015 C, Ref. GO Bonds | | | 5.00% | | | | 08/01/2031 | | | | 815 | | | 821,058 |
Series 2023, Ref. GO Bonds | | | 5.00% | | | | 10/01/2042 | | | | 5,000 | | | 5,290,193 |
California (State of) Community Choice Financing Authority (Clean Energy); Series 2023, RB(c) | | | 5.25% | | | | 04/01/2030 | | | | 6,930 | | | 7,365,556 |
California (State of) Community Choice Financing Authority (Green Bonds); | | | | | | | | | | | | | | |
Series 2023 C, RB(c) | | | 5.25% | | | | 10/01/2031 | | | | 5,000 | | | 5,228,380 |
Series 2023 D, RB(c) | | | 5.50% | | | | 11/01/2028 | | | | 7,000 | | | 7,423,520 |
California (State of) Community College Financing Authority (Grossmont-Cuyamaca Community College District, Palomar Community College District & Shasta-Tehama-Trinity Joint Community College District); Series 2001 A, RB (INS - NATL)(a) | | | 5.63% | | | | 04/01/2026 | | | | 295 | | | 296,575 |
California (State of) Community College Financing Authority (NCCD - Orange Coast Properties LLC - Orange Coast College); Series 2018, RB | | | 5.00% | | | | 05/01/2033 | | | | 600 | | | 623,927 |
California (State of) County Tobacco Securitization Agency; | | | | | | | | | | | | | | |
Series 2007 A, RB | | | 5.00% | | | | 06/01/2036 | | | | 4,170 | | | 4,052,778 |
Series 2007 B, RB | | | 5.10% | | | | 06/01/2028 | | | | 50 | | | 50,000 |
Series 2014, Ref. RB | | | 4.00% | | | | 06/01/2029 | | | | 485 | | | 485,000 |
Series 2020 B-1, Ref. RB | | | 4.00% | | | | 06/01/2049 | | | | 110 | | | 110,000 |
California (State of) County Tobacco Securitization Agency (Alameda County Tobacco Asset Securitization Corp.); | | | | | | | | | | | | | | |
Series 2002, RB | | | 5.88% | | | | 06/01/2035 | | | | 150 | | | 150,000 |
Series 2002, RB | | | 6.00% | | | | 06/01/2042 | | | | 4,700 | | | 4,800,585 |
California (State of) County Tobacco Securitization Agency (Fresno County Tobacco Funding Corp.); Series 2002, RB | | | 6.00% | | | | 06/01/2035 | | | | 1,420 | | | 1,421,153 |
California (State of) County Tobacco Securitization Agency (Los Angeles County Securitization Corp.); Series 2020 A, Ref. RB | | | 4.00% | | | | 06/01/2049 | | | | 1,305 | | | 1,218,824 |
California (State of) County Tobacco Securitization Agency (Sonoma County Securitization Corp.); Series 2020, Ref. RB | | | 5.00% | | | | 06/01/2049 | | | | 550 | | | 557,299 |
California (State of) County Tobacco Securitization Agency (Stanislaus County Tobacco Funding Corp.); Series 2002 A, RB | | | 5.88% | | | | 06/01/2043 | | | | 105 | | | 105,592 |
California (State of) Educational Facilities Authority (Loma Linda University); Series 2017 A, Ref. RB | | | 5.00% | | | | 04/01/2030 | | | | 710 | | | 733,406 |
California (State of) Educational Facilities Authority (Santa Clara University); Series 2015, Ref. RB | | | 5.00% | | | | 04/01/2039 | | | | 6,035 | | | 6,094,883 |
California (State of) Educational Facilities Authority (University of the Pacific); Series 2015, Ref. RB | | | 5.00% | | | | 11/01/2036 | | | | 1,850 | | | 1,872,302 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | | | |
California (State of) Enterprise Development Authority (Heights Christian Schools); Series 2023 A, RB(d) | | | 6.00% | | | | 06/01/2043 | | | | $ 4,895 | | | $ 4,889,438 |
California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center); Series 2015, Ref. RB | | | 5.00% | | | | 11/15/2032 | | | | 1,750 | | | 1,782,941 |
California (State of) Health Facilities Financing Authority (City of Hope); | | | | | | | | | | | | | | |
Series 2012 A, RB | | | 5.00% | | | | 11/15/2032 | | | | 4,275 | | | 4,275,579 |
Series 2012 A, RB | | | 5.00% | | | | 11/15/2035 | | | | 12,280 | | | 12,282,316 |
Series 2012 A, RB | | | 5.00% | | | | 11/15/2039 | | | | 4,905 | | | 4,905,205 |
California (State of) Health Facilities Financing Authority (Commonspirit Health); Series 2020 A, Ref. RB | | | 4.00% | | | | 04/01/2040 | | | | 2,500 | | | 2,458,559 |
California (State of) Health Facilities Financing Authority (El Camino Hospital); | | | | | | | | | | | | | | |
Series 2015 A, Ref. RB | | | 5.00% | | | | 02/01/2032 | | | | 1,750 | | | 1,765,660 |
Series 2015 A, Ref. RB | | | 5.00% | | | | 02/01/2033 | | | | 3,000 | | | 3,025,825 |
Series 2015 A, Ref. RB | | | 5.00% | | | | 02/01/2040 | | | | 5,200 | | | 5,210,888 |
California (State of) Health Facilities Financing Authority (Gateways Hospital and Mental Health Center); Series 2011 B, RB (INS - Cal-Mortgage)(a) | | | 4.45% | | | | 12/01/2024 | | | | 10 | | | 10,004 |
California (State of) Health Facilities Financing Authority (Providence Health & Services); | | | | | | | | | | | | | | |
Series 2014 A, RB | | | 5.00% | | | | 10/01/2029 | | | | 500 | | | 501,610 |
Series 2014 A, RB | | | 5.00% | | | | 10/01/2038 | | | | 3,420 | | | 3,422,198 |
Series 2014 B, RB | | | 5.00% | | | | 10/01/2044 | | | | 5,000 | | | 5,003,948 |
California (State of) Health Facilities Financing Authority (Sutter Health); | | | | | | | | | | | | | | |
Series 2017 A, Ref. RB | | | 5.00% | | | | 11/15/2032 | | | | 1,800 | | | 1,898,748 |
Series 2017 A, Ref. RB | | | 5.00% | | | | 11/15/2035 | | | | 1,500 | | | 1,576,109 |
California (State of) Infrastructure & Economic Development Bank (California Science Center Phase II); | | | | | | | | | | | | | | |
Series 2016 A, Ref. RB | | | 5.00% | | | | 05/01/2027 | | | | 1,505 | | | 1,561,849 |
Series 2016 A, Ref. RB | | | 5.00% | | | | 05/01/2028 | | | | 775 | | | 803,405 |
Series 2016 A, Ref. RB | | | 5.00% | | | | 05/01/2029 | | | | 910 | | | 943,598 |
Series 2016 A, Ref. RB | | | 5.00% | | | | 05/01/2030 | | | | 740 | | | 767,493 |
Series 2016 A, Ref. RB | | | 5.00% | | | | 05/01/2031 | | | | 910 | | | 942,160 |
California (State of) Infrastructure & Economic Development Bank (Segerstrom Center for the Arts); Series 2016, Ref. RB | | | 5.00% | | | | 07/01/2026 | | | | 5,000 | | | 5,155,256 |
California (State of) Municipal Finance Authority (American Heritage Education Foundation); Series 2016 A, Ref. RB | | | 5.00% | | | | 06/01/2036 | | | | 1,000 | | | 1,008,324 |
California (State of) Municipal Finance Authority (Chevron USA); Series 2010, VRD RB(e) | | | 2.40% | | | | 11/01/2035 | | | | 7,000 | | | 7,000,000 |
California (State of) Municipal Finance Authority (CHF-Davis I, LLC - West Village Student Housing); | | | | | | | | | | | | | | |
Series 2018, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2033 | | | | 6,385 | | | 6,715,551 |
Series 2018, RB | | | 5.00% | | | | 05/15/2037 | | | | 2,500 | | | 2,586,601 |
California (State of) Municipal Finance Authority (CHF-Riverside I, LLC - UCR Dundee-Glasgow Student Housing); | | | | | | | | | | | | | | |
Series 2018, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2032 | | | | 2,120 | | | 2,233,457 |
Series 2018, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2033 | | | | 2,000 | | | 2,103,540 |
Series 2018, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2034 | | | | 1,260 | | | 1,324,028 |
Series 2018, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2036 | | | | 1,900 | | | 1,993,545 |
California (State of) Municipal Finance Authority (CHF-Riverside II, LLC - UCR North District Phase I Student Housing); Series 2019, RB (INS - BAM)(a) | | | 5.00% | | | | 05/15/2040 | | | | 3,080 | | | 3,214,855 |
California (State of) Municipal Finance Authority (Community Medical Centers); | | | | | | | | | | | | | | |
Series 2017 A, Ref. RB | | | 5.00% | | | | 02/01/2028 | | | | 3,000 | | | 3,066,683 |
Series 2017 A, Ref. RB | | | 5.00% | | | | 02/01/2029 | | | | 3,400 | | | 3,477,548 |
Series 2017 A, Ref. RB | | | 5.00% | | | | 02/01/2030 | | | | 3,500 | | | 3,576,860 |
Series 2017 A, Ref. RB | | | 5.00% | | | | 02/01/2031 | | | | 2,000 | | | 2,041,969 |
Series 2017 A, Ref. RB | | | 5.00% | | | | 02/01/2032 | | | | 1,500 | | | 1,530,318 |
California (State of) Municipal Finance Authority (Eisenhower Medical Centers); Series 2017 A, Ref. RB | | | 5.00% | | | | 07/01/2030 | | | | 2,155 | | | 2,203,428 |
California (State of) Municipal Finance Authority (Linxs APM); | | | | | | | | | | | | | | |
Series 2018 A, RB(b) | | | 5.00% | | | | 12/31/2033 | | | | 8,385 | | | 8,486,931 |
Series 2018 A, RB(b) | | | 5.00% | | | | 12/31/2034 | | | | 6,500 | | | 6,578,454 |
Series 2018, RB(b) | | | 5.00% | | | | 12/31/2035 | | | | 2,700 | | | 2,730,332 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | | | |
California (State of) Municipal Finance Authority (NorthBay Healthcare Group); | | | | | | | | | | | | | | |
Series 2015, RB | | | 5.00% | | | | 11/01/2030 | | | | $ 440 | | | $ 434,320 |
Series 2015, RB | | | 5.00% | | | | 11/01/2035 | | | | 1,100 | | | 1,056,667 |
Series 2017 A, RB | | | 5.00% | | | | 11/01/2028 | | | | 1,000 | | | 996,938 |
Series 2017 A, RB | | | 5.25% | | | | 11/01/2029 | | | | 750 | | | 751,979 |
California (State of) Municipal Finance Authority (San Bernardino Municipal Water Department Water Facilities); | | | | | | | | | | | | | | |
Series 2016, Ref. RB (INS - BAM)(a) | | | 5.00% | | | | 08/01/2033 | | | | 1,580 | | | 1,612,367 |
Series 2016, Ref. RB (INS - BAM)(a) | | | 5.00% | | | | 08/01/2035 | | | | 1,715 | | | 1,746,965 |
California (State of) Municipal Finance Authority (St. Mary’s School - Aliso Viejo); Series 2024, RB | | | 4.65% | | | | 05/01/2030 | | | | 1,045 | | | 1,041,224 |
California (State of) Municipal Finance Authority (United Airlines, Inc.); Series 2019, RB(b) | | | 4.00% | | | | 07/15/2029 | | | | 1,100 | | | 1,092,981 |
California (State of) Pollution Control Financing Authority (CalPlant I) (Green Bonds); | | | | | | | | | | | | | | |
Series 2017, RB (Acquired 11/09/2018-02/12/2019; Cost $4,096,042)(b)(d)(f)(g) | | | 7.50% | | | | 07/01/2032 | | | | 4,000 | | | 54,000 |
Series 2020, RB (Acquired 10/06/2020; Cost $601,778)(b)(d)(f)(g) | | | 7.50% | | | | 07/01/2032 | | | | 630 | | | 8,505 |
California (State of) Pollution Control Financing Authority (Plant Bonds); | | | | | | | | | | | | | | |
Series 2012, RB(b)(d) | | | 5.00% | | | | 07/01/2030 | | | | 5,000 | | | 5,041,244 |
Series 2012, RB(b)(d) | | | 5.00% | | | | 11/21/2045 | | | | 10,000 | | | 10,013,132 |
| | | | |
California (State of) Pollution Control Financing Authority (San Diego County Water Authority); Series 2019, Ref. RB(d) | | | 5.00% | | | | 07/01/2039 | | | | 1,500 | | | 1,555,145 |
California (State of) Pollution Control Financing Authority (Southern California Water Co.); Series 1996 A, RB (INS - NATL)(a)(b) | | | 5.50% | | | | 12/01/2026 | | | | 1,030 | | | 1,053,546 |
California (State of) Public Finance Authority (California Crosspoint Academy);
Series 2020 A, RB(d) | | | 4.25% | | | | 07/01/2030 | | | | 1,415 | | | 1,326,697 |
California (State of) Public Finance Authority (California University of Science and Medicine); Series 2019 A, RB(d) | | | 6.25% | | | | 07/01/2054 | | | | 12,900 | | | 13,525,849 |
California (State of) Public Finance Authority (Enso Village) (Green Bonds); | | | | | | | | | | | | | | |
Series 2021, RB(d) | | | 3.13% | | | | 05/15/2029 | | | | 1,000 | | | 972,430 |
Series 2021, RB(d) | | | 5.00% | | | | 11/15/2036 | | | | 500 | | | 491,803 |
California (State of) Public Finance Authority (Trinity Classical Academy); Series 2019 A, RB(d) | | | 5.00% | | | | 07/01/2036 | | | | 600 | | | 591,426 |
California (State of) Public Works Board (California Community Colleges); | | | | | | | | | | | | | | |
Series 2004 B, RB | | | 5.13% | | | | 06/01/2025 | | | | 15 | | | 15,018 |
Series 2004 B, RB | | | 5.13% | | | | 06/01/2029 | | | | 45 | | | 45,051 |
Series 2005 E, RB (INS - BHAC)(a) | | | 5.00% | | | | 10/01/2024 | | | | 50 | | | 50,053 |
Series 2007 B, RB (INS - NATL)(a) | | | 4.25% | | | | 03/01/2026 | | | | 5 | | | 5,001 |
Series 2007 B, RB (INS - NATL)(a) | | | 5.00% | | | | 03/01/2027 | | | | 50 | | | 50,047 |
California (State of) Public Works Board (Various Correctional Facilities); Series 2014 A, RB | | | 5.00% | | | | 09/01/2034 | | | | 9,120 | | | 9,150,761 |
California (State of) School Finance Authority; Series 2024 A, RB(d) | | | 5.50% | | | | 06/01/2043 | | | | 2,165 | | | 2,176,214 |
California (State of) School Finance Authority (Aspire Public Schools Obligated Group); Series 2020 A, RB(d) | | | 5.00% | | | | 08/01/2040 | | | | 1,000 | | | 1,014,363 |
California (State of) School Finance Authority (Classical Academies Oceanside); Series 2017 A, Ref. RB(d) | | | 4.00% | | | | 10/01/2027 | | | | 1,600 | | | 1,574,860 |
California (State of) School Finance Authority (Escuela Popular); Series 2017, RB(d) | | | 5.50% | | | | 07/01/2027 | | | | 755 | | | 762,429 |
California (State of) School Finance Authority (HTH Learning); Series 2017 A, Ref. RB(d) | | | 5.00% | | | | 07/01/2032 | | | | 1,705 | | | 1,717,492 |
California (State of) School Finance Authority (KIPP LA); Series 2015 A, RB(d) | | | 5.00% | | | | 07/01/2035 | | | | 500 | | | 505,395 |
California (State of) School Finance Authority (TEACH Public Schools); Series 2019 A, RB(d) | | | 5.00% | | | | 06/01/2039 | | | | 740 | | | 736,139 |
California (State of) Statewide Communities Development Authority; | | | | | | | | | | | | | | |
Series 2020 B, RB | | | 4.00% | | | | 09/02/2024 | | | | 110 | | | 109,723 |
Series 2020 B, RB | | | 4.00% | | | | 09/02/2025 | | | | 115 | | | 114,031 |
Series 2020 B, RB | | | 4.00% | | | | 09/02/2026 | | | | 115 | | | 113,459 |
California (State of) Statewide Communities Development Authority (Eskaton Properties, Inc.); Series 2012, RB | | | 5.25% | | | | 11/15/2034 | | | | 955 | | | 955,151 |
California (State of) Statewide Communities Development Authority (Front Porch Communities & Services); Series 2017 A, Ref. RB | | | 5.00% | | | | 04/01/2031 | | | | 175 | | | 180,268 |
California (State of) Statewide Communities Development Authority (Heritage Park at Cathedral City Apartments); Series 2002 NN-1, RB (INS - AMBAC)(a)(b) | | | 5.20% | | | | 06/01/2036 | | | | 735 | | | 735,658 |
California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center); Series 2014, RB | | | 5.25% | | | | 12/01/2034 | | | | 3,000 | | | 3,014,654 |
California (State of) Statewide Communities Development Authority (NCCD-Hooper Street LLC-California College of the Arts); Series 2019, RB(d) | | | 5.00% | | | | 07/01/2029 | | | | 900 | | | 918,755 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | |
California (State of) Statewide Communities Development Authority (Statewide Community Infrastructure Program); | | | | | | | | | | | | |
Series 2015, Ref. RB | | | 5.00% | | | 09/02/2035 | | | $ 3,515 | | | $ 3,556,249 |
Series 2021 C-1, RB | | | 2.25% | | | 09/02/2026 | | | 1,350 | | | 1,231,365 |
| | | | |
California (State of) Statewide Communities Development Authority (University of California - Irvine East Campus Apartments - CHF-Irvine, LLC); Series 2016, Ref. RB | | | 5.00% | | | 05/15/2030 | | | 1,500 | | | 1,525,730 |
California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program); | | | | | | | | | | | | |
Series 2002 A, RB | | | 6.00% | | | 05/01/2037 | | | 2,170 | | | 2,216,135 |
Series 2002 B, RB | | | 6.00% | | | 05/01/2043 | | | 750 | | | 765,951 |
Series 2002, RB | | | 6.00% | | | 05/01/2043 | | | 750 | | | 765,951 |
| | | | |
California State University; Series 2015 A, Ref. RB | | | 5.00% | | | 11/01/2043 | | | 1,700 | | | 1,727,390 |
| | | | |
Cathedral (City of), CA Redevelopment Agency Successor Agency (Merged Redevelopment); Series 2021 A, Ref. RB (INS - BAM)(a) | | | 4.00% | | | 08/01/2035 | | | 200 | | | 201,250 |
Chino (City of), CA Public Financing Authority; | | | | | | | | | | | | |
Series 2015 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2028 | | | 1,230 | | | 1,253,133 |
Series 2015 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2029 | | | 1,280 | | | 1,303,056 |
Series 2015 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2030 | | | 900 | | | 915,293 |
Series 2015 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2031 | | | 950 | | | 965,119 |
| | | | |
Chula Vista (City of), CA Municipal Financing Authority; Series 2015 B, Ref. RB | | | 5.00% | | | 09/01/2026 | | | 1,500 | | | 1,522,630 |
| | | | |
Colton (City of), CA Public Financing Authority; Series 2007 A, RB (INS - AMBAC)(a) | | | 4.70% | | | 04/01/2032 | | | 15 | | | 15,005 |
| | | | |
Cotati-Rohnert Park Unified School District (Election of 2016); Series 2018 C, GO Bonds (INS - AGM)(a) | | | 5.00% | | | 08/01/2042 | | | 1,735 | | | 1,777,893 |
| | | | |
Dixon (City of), CA Improvement Area No. 1 (Community Facilities District No. 2013-1); Series 2019, RB | | | 5.00% | | | 09/01/2044 | | | 2,645 | | | 2,690,926 |
Downey (City of), CA Community Development Commission; Series 1997, Ref. RB (INS - NATL)(a) | | | 5.13% | | | 08/01/2028 | | | 35 | | | 35,052 |
Eclipse Funding Trust; Series 2016, VRD GO Ctfs.(d)(e) | | | 2.30% | | | 08/01/2041 | | | 9,000 | | | 9,000,000 |
El Centro (City of), CA Financing Authority (El Centro California Redevelopment); Series 2011, RB | | | 6.63% | | | 11/01/2025 | | | 850 | | | 852,079 |
El Dorado (County of), CA (Community Facilities District No. 1992-1 - El Dorado Hills Development); | | | | | | | | | | | | |
Series 2012, Ref. RB | | | 5.00% | | | 09/01/2026 | | | 620 | | | 620,524 |
Series 2012, Ref. RB | | | 5.00% | | | 09/01/2027 | | | 790 | | | 790,693 |
Fontana (City of), CA (Community Facilities District No. 80); | | | | | | | | | | | | |
Series 2017, RB | | | 5.00% | | | 09/01/2026 | | | 290 | | | 296,257 |
Series 2017, RB | | | 5.00% | | | 09/01/2029 | | | 175 | | | 180,561 |
Fresno (City of), CA Joint Powers Financing Authority (Master Lease); | | | | | | | | | | | | |
Series 2017 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 04/01/2030 | | | 675 | | | 701,726 |
Series 2017 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 04/01/2031 | | | 1,000 | | | 1,039,431 |
Series 2017 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 04/01/2032 | | | 500 | | | 519,579 |
| | | | |
Golden State Tobacco Securitization Corp.; Series 2017 A-1, Ref. RB(h) | | | 5.00% | | | 06/01/2027 | | | 1,850 | | | 1,947,232 |
| | | | |
Grossmont Healthcare District; Series 2015 D, Ref. GO Bonds | | | 4.00% | | | 07/15/2040 | | | 7,000 | | | 6,870,695 |
| | | | |
Hawthorne (City of), CA Community Redevelopment Agency Successor Agency (Community Facilities District No. 1999-1); Series 2010, Ref. RB | | | 6.13% | | | 10/01/2025 | | | 1,395 | | | 1,404,203 |
Hemet Unified School District; | | | | | | | | | | | | |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2026 | | | 225 | | | 223,308 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2028 | | | 255 | | | 251,393 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2032 | | | 335 | | | 325,685 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2035 | | | 400 | | | 386,577 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2036 | | | 200 | | | 191,985 |
| | | | |
Hollister (City of), CA Redevelopment Agency Successor Agency (Hollister Community Development); Series 2014, Ref. RB (INS - BAM)(a) | | | 5.00% | | | 10/01/2031 | | | 1,675 | | | 1,682,944 |
| | | | |
Huntington Beach (City of), CA (Community Facilities District No. 2002-1 - Improvement Area A - McDonnell Centre Business Park); Series 2002 A, RB | | | 6.25% | | | 09/01/2027 | | | 20 | | | 20,114 |
Huntington Beach (City of), CA (Community Facilities District No. 2003-1 - Huntington Center); | | | | | | | | | | | | |
Series 2013, Ref. RB | | | 5.25% | | | 09/01/2025 | | | 1,055 | | | 1,055,884 |
Series 2013, Ref. RB | | | 5.25% | | | 09/01/2026 | | | 1,115 | | | 1,115,957 |
Series 2013, Ref. RB | | | 5.38% | | | 09/01/2033 | | | 1,200 | | | 1,201,045 |
Imperial (City of), CA Public Financing Authority (Water Facility); Series 2012, RB | | | 5.00% | | | 10/15/2026 | | | 2,100 | | | 2,101,841 |
Imperial Irrigation District; | | | | | | | | | | | | |
Series 2016 B-2, Ref. RB | | | 5.00% | | | 11/01/2041 | | | 5,455 | | | 5,609,525 |
Series 2017, Ref. RB | | | 4.00% | | | 11/01/2037 | | | 6,070 | | | 6,145,875 |
| | | | |
Inland Empire Tobacco Securitization Corp.; Series 2019, Ref. RB | | | 3.68% | | | 06/01/2038 | | | 5,655 | | | 5,347,560 |
| | | | |
Inland Valley Development Agency; Series 2014 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2044 | | | 5,000 | | | 5,023,666 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | |
Irvine (City of), CA (Reassessment District No. 13-1); Series 2013, RB | | | 5.00% | | | 09/02/2025 | | | $ 710 | | | $ 712,023 |
Irvine (City of), CA Community Facilities District No. 2013-3 (Great Park Improvement Area No. 1); | | | | | | | | | | | | |
Series 2014, RB | | | 5.00% | | | 09/01/2039 | | | 2,000 | | | 2,003,494 |
Series 2014, RB | | | 5.00% | | | 09/01/2044 | | | 500 | | | 500,582 |
Jurupa (City of), CA Public Financing Authority; Series 2014 A, Ref. RB | | | 5.00% | | | 09/01/2042 | | | 1,000 | | | 1,001,542 |
Jurupa Community Services District; | | | | | | | | | | | | |
Series 2021 A, RB | | | 4.00% | | | 09/01/2031 | | | 100 | | | 99,295 |
Series 2021 A, RB | | | 4.00% | | | 09/01/2033 | | | 100 | | | 99,027 |
Series 2021 A, RB | | | 4.00% | | | 09/01/2034 | | | 165 | | | 163,220 |
Series 2021 A, RB | | | 4.00% | | | 09/01/2036 | | | 180 | | | 176,962 |
Series 2021 A, RB | | | 4.00% | | | 09/01/2039 | | | 135 | | | 128,552 |
Series 2021 A, RB | | | 4.00% | | | 09/01/2040 | | | 140 | | | 131,755 |
Long Beach (City of), CA; | | | | | | | | | | | | |
Series 2015 D, RB | | | 5.00% | | | 05/15/2042 | | | 7,500 | | | 7,572,979 |
Series 2015, RB | | | 5.00% | | | 05/15/2027 | | | 850 | | | 853,334 |
| | | | |
Long Beach (City of), CA (Community Facilities District No. 6); Series 2002, RB | | | 6.25% | | | 10/01/2026 | | | 20 | | | 20,032 |
| | | | |
Long Beach (City of), CA Bond Finance Authority; Series 2007 A, RB | | | 5.50% | | | 11/15/2037 | | | 100 | | | 110,952 |
| | | | |
Long Beach Unified School District (Election of 2008); Series 2009, GO Bonds | | | 5.75% | | | 08/01/2033 | | | 30 | | | 30,041 |
| | | | |
Los Angeles (City of), CA; Series 2013 A, Ref. RB | | | 5.00% | | | 06/01/2035 | | | 145 | | | 145,285 |
Los Angeles (City of), CA Department of Airports; | | | | | | | | | | | | |
Series 2015 C, Ref. RB | | | 5.00% | | | 05/15/2038 | | | 4,240 | | | 4,290,749 |
Series 2017, Sub. RB(b) | | | 5.00% | | | 05/15/2041 | | | 16,580 | | | 16,711,498 |
Series 2018 B, Ref. RB(b) | | | 5.00% | | | 05/15/2034 | | | 1,000 | | | 1,038,812 |
Los Angeles (City of), CA Department of Airports (Los Angeles International Airport); | | | | | | | | | | | | |
Series 2015 A, RB(b) | | | 5.00% | | | 05/15/2040 | | | 5,000 | | | 5,021,718 |
Series 2018 D, Ref. RB(b) | | | 5.00% | | | 05/15/2030 | | | 9,000 | | | 9,460,258 |
Los Angeles (City of), CA Department of Water & Power; | | | | | | | | | | | | |
Series 2017 A, RB | | | 5.00% | | | 07/01/2042 | | | 5,000 | | | 5,160,030 |
Series 2023 F-2, Ref. VRD RB(e) | | | 1.95% | | | 07/01/2047 | | | 3,000 | | | 3,000,000 |
| | | | |
Los Angeles (County of), CA Public Works Financing Authority; Series 2015 A, RB | | | 5.00% | | | 12/01/2044 | | | 3,810 | | | 3,821,644 |
Los Angeles (Port of), CA; | | | | | | | | | | | | |
Series 2014 A, Ref. RB(b) | | | 5.00% | | | 08/01/2030 | | | 2,000 | | | 2,001,595 |
Series 2014 A, Ref. RB(b) | | | 5.00% | | | 08/01/2031 | | | 1,250 | | | 1,250,757 |
Series 2014 A, Ref. RB(b) | | | 5.00% | | | 08/01/2032 | | | 1,745 | | | 1,745,695 |
Series 2014 A, Ref. RB(b) | | | 5.00% | | | 08/01/2033 | | | 1,895 | | | 1,895,580 |
Series 2014 A, Ref. RB(b) | | | 5.00% | | | 08/01/2034 | | | 2,470 | | | 2,470,631 |
Series 2014 C, RB | | | 5.00% | | | 08/01/2031 | | | 1,450 | | | 1,451,492 |
| | | | |
Madera (County of), CA (Valley Children’s Hospital); Series 1995, COP (INS - NATL)(a) | | | 5.75% | | | 03/15/2028 | | | 375 | | | 386,931 |
| | | | |
Manteca (City of), CA (Community Facilities District No. 2023-1); Series 2024, RB | | | 5.00% | | | 09/01/2038 | | | 610 | | | 628,494 |
| | | | |
Manteca Unified School District (Community Facilities District No. 1989-2); Series 2013 F, RB (INS - AGM)(a) | | | 5.00% | | | 09/01/2027 | | | 1,285 | | | 1,286,065 |
Marina (City of), CA Redevelopment Agency Successor Agency; | | | | | | | | | | | | |
Series 2018 A, RB | | | 5.00% | | | 09/01/2033 | | | 340 | | | 352,365 |
Series 2018 B, RB | | | 5.00% | | | 09/01/2033 | | | 250 | | | 259,290 |
Mountain House Public Financing Authority (Green Bonds); | | | | | | | | | | | | |
Series 2020 A, RB (INS - BAM)(a) | | | 4.00% | | | 12/01/2036 | | | 310 | | | 315,584 |
Series 2020 A, RB (INS - BAM)(a) | | | 4.00% | | | 12/01/2037 | | | 495 | | | 501,070 |
Series 2020 A, RB (INS - BAM)(a) | | | 4.00% | | | 12/01/2038 | | | 555 | | | 558,440 |
Series 2020 A, RB (INS - BAM)(a) | | | 4.00% | | | 12/01/2039 | | | 470 | | | 473,619 |
Series 2020 A, RB (INS - BAM)(a) | | | 4.00% | | | 12/01/2040 | | | 600 | | | 601,800 |
| | | | |
Mountain View (City of), CA; Series 2004 A, RB (INS - NATL)(a) | | | 4.50% | | | 06/01/2026 | | | 10 | | | 10,007 |
| | | | |
Mt. San Jacinto Community College District (Election of 2014); Series 2018 B, GO Bonds | | | 4.00% | | | 08/01/2043 | | | 5,000 | | | 4,975,850 |
| | | | |
Napa Valley Unified School District; Series 2016 C, Ref. GO Bonds | | | 5.00% | | | 08/01/2041 | | | 300 | | | 307,657 |
Natomas Unified School District; | | | | | | | | | | | | |
Series 2014, Ref. GO Bonds(c)(h) | | | 5.00% | | | 08/05/2024 | | | 760 | | | 761,474 |
Series 2020 A, GO Bonds (INS - AGM)(a) | | | 4.00% | | | 08/01/2045 | | | 4,000 | | | 3,939,956 |
| | | | |
Northern California Energy Authority; Series 2024, Ref. RB(c) | | | 5.00% | | | 08/01/2030 | | | 5,000 | | | 5,289,791 |
| | | | |
Northern California Tobacco Securitization Authority; Series 2021 B-1, Ref. RB | | | 4.00% | | | 06/01/2049 | | | 695 | | | 693,669 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | |
Oceanside (City of), CA (Community Facilities District No. 200-1 - Ocean Ranch Corporate Centre); | | | | | | | | | | | | |
Series 2013 A, Ref. RB | | | 5.00% | | | 09/01/2026 | | | $ 665 | | | $ 665,502 |
Series 2013 A, Ref. RB | | | 5.00% | | | 09/01/2027 | | | 725 | | | 725,569 |
Series 2013 A, Ref. RB | | | 5.00% | | | 09/01/2028 | | | 785 | | | 785,590 |
| | | | |
Orange (County of), CA Community Facilities District No. 2016-1 (Esencia Village); Series 2016 A, RB | | | 5.00% | | | 08/15/2046 | | | 1,000 | | | 1,006,232 |
| | | | |
Oxnard (City of), CA Financing Authority; Series 2014, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 06/01/2029 | | | 2,000 | | | 2,001,246 |
Palm Desert (City of), CA; | | | | | | | | | | | | |
Series 2021 A, Ref. RB | | | 3.00% | | | 09/01/2024 | | | 280 | | | 278,163 |
Series 2021 A, Ref. RB | | | 4.00% | | | 09/01/2025 | | | 290 | | | 288,113 |
Palm Springs Unified School District; | | | | | | | | | | | | |
Series 2014, Ref. GO Bonds | | | 4.00% | | | 08/01/2033 | | | 1,155 | | | 1,153,180 |
Series 2014, Ref. GO Bonds | | | 4.00% | | | 08/01/2035 | | | 1,095 | | | 1,094,963 |
| | | | |
Palo Alto (City of), CA; Series 1999 A, Ref. RB (INS - AMBAC)(a) | | | 5.25% | | | 06/01/2024 | | | 5 | | | 5,000 |
Palomar Health; | | | | | | | | | | | | |
Series 2016, Ref. RB | | | 5.00% | | | 11/01/2031 | | | 1,625 | | | 1,562,327 |
Series 2016, Ref. RB | | | 5.00% | | | 11/01/2036 | | | 1,845 | | | 1,739,074 |
Series 2016, Ref. RB | | | 5.00% | | | 11/01/2039 | | | 6,320 | | | 5,867,571 |
| | | | |
Peninsula Corridor Joint Powers Board; Series 2019 A, Ref. RB | | | 5.00% | | | 10/01/2044 | | | 4,000 | | | 4,079,390 |
| | | | |
Perris (City of), CA Joint Powers Authority; Series 2014 B, Ref. RB | | | 5.00% | | | 09/01/2038 | | | 1,025 | | | 1,025,554 |
Perris Elementary School District (Election of 2014); | | | | | | | | | | | | |
Series 2014 A, GO Bonds (INS - BAM)(a) | | | 6.00% | | | 08/01/2027 | | | 185 | | | 185,576 |
Series 2014 A, GO Bonds (INS - BAM)(a) | | | 6.00% | | | 08/01/2028 | | | 205 | | | 205,638 |
Rancho Cucamonga (City of), CA (Community Facilities District No. 2003-01 - Improvement Area No. 1); | | | | | | | | | | | | |
Series 2013, Ref. RB | | | 5.75% | | | 09/01/2028 | | | 1,800 | | | 1,802,683 |
Series 2013, Ref. RB | | | 5.25% | | | 09/01/2033 | | | 200 | | | 200,185 |
| | | | |
Rancho Mirage (City of), CA (Reassessment District No. R22-85); Series 2002, Ref. RB | | | 5.75% | | | 09/02/2026 | | | 15 | | | 15,059 |
| | | | |
Redlands (City of), CA (Community Facilities District No. 2003-1 - Redlands Business Center); Series 2004, RB | | | 5.85% | | | 09/01/2033 | | | 10 | | | 10,044 |
| | | | |
Redwood City (City of), CA (Community Facilities District No. 99-1); Series 2012, Ref. RB | | | 5.00% | | | 09/01/2029 | | | 690 | | | 690,487 |
| | | | |
Richmond (City of), CA Joint Powers Financing Authority; Series 2016, RB | | | 5.50% | | | 11/01/2029 | | | 4,745 | | | 4,846,105 |
| | | | |
Riverside (City of), CA (Community Facilities District No. 2006-1); Series 2013, RB | | | 5.25% | | | 09/01/2043 | | | 500 | | | 500,808 |
| | | | |
Riverside (City of), CA (Riverwalk Auto Center Assessment District); Series 2012, Ref. RB | | | 5.00% | | | 09/02/2024 | | | 335 | | | 335,513 |
| | | | |
Riverside (City of), CA (Riverwalk Business Center Assessment District); Series 2004, RB | | | 6.25% | | | 09/02/2029 | | | 200 | | | 201,248 |
Riverside (City of), CA Public Financing Authority; | | | | | | | | | | | | |
Series 2012 A, Ref. RB | | | 5.00% | | | 11/01/2027 | | | 1,640 | | | 1,646,460 |
Series 2012 A, Ref. RB | | | 5.00% | | | 11/01/2028 | | | 1,155 | | | 1,159,503 |
Riverside (County of), CA Community Facilities District No. 04-2 (Lake Hills Crest); Series 2012, Ref. RB(c)(h) | | | 5.00% | | | 09/01/2024 | | | 450 | | | 451,296 |
Riverside (County of), CA Community Facilities District No. 05-8 (Scott Road); Series 2013, RB(c)(h) | | | 5.00% | | | 09/01/2024 | | | 3,000 | | | 3,008,642 |
Riverside Unified School District (Community Facilities District No. 32); | | | | | | | | | | | | |
Series 2020, RB | | | 4.00% | | | 09/01/2034 | | | 500 | | | 488,475 |
Series 2020, RB | | | 4.00% | | | 09/01/2037 | | | 500 | | | 479,883 |
Series 2020, RB | | | 4.00% | | | 09/01/2040 | | | 350 | | | 320,680 |
Riverside Unified School District (Community Facilities District No. 33); | | | | | | | | | | | | |
Series 2021, RB | | | 4.00% | | | 09/01/2035 | | | 295 | | | 282,569 |
Series 2021, RB | | | 4.00% | | | 09/01/2036 | | | 305 | | | 293,056 |
Series 2021, RB | | | 4.00% | | | 09/01/2037 | | | 320 | | | 304,344 |
Series 2021, RB | | | 4.00% | | | 09/01/2038 | | | 330 | | | 308,990 |
Series 2021, RB | | | 4.00% | | | 09/01/2039 | | | 345 | | | 317,705 |
Series 2021, RB | | | 4.00% | | | 09/01/2040 | | | 190 | | | 172,876 |
Romoland School District Community Facilities No. 2004-1; | | | | | | | | | | | | |
Series 2013, RB | | | 5.00% | | | 09/01/2025 | | | 365 | | | 365,187 |
Series 2013, RB | | | 5.00% | | | 09/01/2026 | | | 440 | | | 440,249 |
Series 2013, RB | | | 5.00% | | | 09/01/2027 | | | 405 | | | 405,247 |
Series 2013, RB | | | 5.00% | | | 09/01/2028 | | | 500 | | | 500,309 |
Roseville (City of), CA (Villages at Sierra Vista Community Facilities District No. 1 - Public Facilities); | | | | | | | | | | | | |
Series 2020, RB | | | 4.00% | | | 09/01/2033 | | | 235 | | | 227,615 |
Series 2020, RB | | | 4.00% | | | 09/01/2035 | | | 275 | | | 265,535 |
Series 2020, RB | | | 4.00% | | | 09/01/2037 | | | 320 | | | 302,202 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | | | |
| | | | |
Roseville (City of), CA Natural Gas Financing Authority; Series 2007, RB | | | 5.00% | | | | 02/15/2025 | | | | $ 100 | | | $ 100,371 |
| | | | |
Sacramento (City of), CA (2019 Sacramento Tourism Infrastructure District - Convention Center Ballroom); Series 2019, RB | | | 4.00% | | | | 06/01/2037 | | | | 1,760 | | | 1,741,960 |
Sacramento (City of), CA Area Flood Control Agency (Natomas Basin Local Assessment District); Series 2014, RB (INS - BAM)(a) | | | 5.00% | | | | 10/01/2039 | | | | 1,900 | | | 1,902,785 |
Sacramento (City of), CA Financing Authority (Westlake and Regency Park); | | | | | | | | | | | | | | |
Series 2013 A, Ref. RB | | | 5.00% | | | | 09/01/2024 | | | | 1,840 | | | 1,840,842 |
Series 2013 A, Ref. RB | | | 5.00% | | | | 09/01/2025 | | | | 850 | | | 850,521 |
Series 2013 A, Ref. RB (INS - AGM)(a) | | | 5.00% | | | | 09/01/2026 | | | | 785 | | | 785,300 |
Series 2013 A, Ref. RB | | | 5.00% | | | | 09/01/2027 | | | | 455 | | | 455,165 |
| | | | |
Sacramento (County of), CA; Series 2018 C, Ref. RB(b) | | | 5.00% | | | | 07/01/2037 | | | | 6,000 | | | 6,175,845 |
| | | | |
Sacramento (County of), CA Public Financing Authority; Series 2003 A, RB (INS - NATL)(a) | | | 5.13% | | | | 12/01/2028 | | | | 15 | | | 15,020 |
| | | | |
Sacramento (County of), CA Sanitation Districts Financing Authority; Series 2014 A, Ref. RB | | | 5.00% | | | | 12/01/2044 | | | | 250 | | | 250,019 |
| | | | |
San Bernardino (City of), CA Joint Powers Financing Authority; Series 1999, Ref. COP (INS - NATL)(a) | | | 5.50% | | | | 09/01/2024 | | | | 65 | | | 65,122 |
| | | | |
San Bernardino (County of), CA Redevelopment Agency Successor Agency (San Sevaine Redevelopment); Series 2016 B, Ref. RB (INS - AGM)(a) | | | 5.00% | | | | 09/01/2028 | | | | 285 | | | 290,186 |
San Clemente (City of), CA; | | | | | | | | | | | | | | |
Series 2021, Ref. RB | | | 4.00% | | | | 09/01/2026 | | | | 100 | | | 99,501 |
Series 2021, Ref. RB | | | 4.00% | | | | 09/01/2027 | | | | 100 | | | 99,556 |
Series 2021, Ref. RB | | | 4.00% | | | | 09/01/2028 | | | | 100 | | | 99,465 |
Series 2021, Ref. RB | | | 4.00% | | | | 09/01/2029 | | | | 100 | | | 99,086 |
Series 2021, Ref. RB | | | 4.00% | | | | 09/01/2030 | | | | 100 | | | 98,525 |
San Diego (City of), CA (Assessment District No. 4096); | | | | | | | | | | | | | | |
Series 2013, Ref. RB | | | 5.00% | | | | 09/02/2024 | | | | 185 | | | 185,214 |
Series 2013, Ref. RB | | | 5.00% | | | | 09/02/2025 | | | | 190 | | | 190,357 |
Series 2013, Ref. RB | | | 5.13% | | | | 09/02/2026 | | | | 205 | | | 205,502 |
Series 2013, Ref. RB | | | 5.13% | | | | 09/02/2027 | | | | 215 | | | 215,578 |
Series 2013, Ref. RB | | | 5.25% | | | | 09/02/2028 | | | | 225 | | | 225,689 |
Series 2013, Ref. RB | | | 5.38% | | | | 09/02/2029 | | | | 240 | | | 240,845 |
Series 2013, Ref. RB | | | 5.38% | | | | 09/02/2030 | | | | 250 | | | 250,814 |
Series 2013, Ref. RB | | | 5.50% | | | | 09/02/2031 | | | | 260 | | | 260,918 |
Series 2013, Ref. RB | | | 5.50% | | | | 09/02/2032 | | | | 280 | | | 280,987 |
San Diego (City of), CA Community Facilities District No. 3; | | | | | | | | | | | | | | |
Series 2013, Ref. RB | | | 5.00% | | | | 09/01/2025 | | | | 545 | | | 545,383 |
Series 2013, Ref. RB | | | 5.00% | | | | 09/01/2027 | | | | 610 | | | 610,498 |
Series 2013, Ref. RB | | | 5.00% | | | | 09/01/2028 | | | | 640 | | | 640,511 |
Series 2013, Ref. RB | | | 5.00% | | | | 09/01/2030 | | | | 720 | | | 720,539 |
| | | | |
San Diego (City of), CA Public Facilities Financing Authority; Series 2018 A, RB | | | 5.25% | | | | 08/01/2047 | | | | 6,380 | | | 6,714,424 |
San Diego (City of), CA Public Facilities Financing Authority (Capital Improvement); | | | | | | | | | | | | | | |
Series 2015 A, RB | | | 5.00% | | | | 10/15/2033 | | | | 1,250 | | | 1,270,887 |
Series 2015 A, RB | | | 5.00% | | | | 10/15/2034 | | | | 1,000 | | | 1,015,791 |
| | | | |
San Diego (City of), CA Redevelopment Agency (Centre City Redevelopment); Series 2003 B, RB | | | 5.25% | | | | 09/01/2026 | | | | 55 | | | 55,057 |
| | | | |
San Diego (County of), CA Water Authority; Series 1998 A, COP (INS - NATL)(a) | | | 4.75% | | | | 05/01/2028 | | | | 95 | | | 95,060 |
San Francisco (City & County of), CA; | | | | | | | | | | | | | | |
Series 2015 A, COP(c)(h) | | | 5.00% | | | | 08/20/2024 | | | | 700 | | | 701,695 |
Series 2015 R-1, Ref. COP(c)(h) | | | 4.00% | | | | 08/20/2024 | | | | 2,105 | | | 2,105,680 |
Series 2015 R-1, Ref. COP(c)(h) | | | 4.00% | | | | 08/20/2024 | | | | 4,090 | | | 4,091,322 |
Series 2015 R-1, Ref. COP(c)(h) | | | 5.00% | | | | 08/20/2024 | | | | 50 | | | 50,121 |
Series 2015 R-1, Ref. GO Bonds(c)(h) | | | 4.00% | | | | 08/20/2024 | | | | 100 | | | 100,032 |
Series 2015 R-1, Ref. GO Bonds(c)(h) | | | 5.00% | | | | 08/20/2024 | | | | 250 | | | 250,605 |
| | | | |
San Francisco (City & County of), CA (Bayshore Hester Assessment District No. 95-1); Series 1996, RB | | | 6.85% | | | | 09/02/2026 | | | | 15 | | | 15,526 |
San Francisco (City & County of), CA Airport Commission (San Francisco International Airport); | | | | | | | | | | | | | | |
Series 2014 A, RB(b)(c)(h) | | | 5.00% | | | | 08/30/2024 | | | | 575 | | | 576,439 |
Series 2014 A, RB(b)(c)(h) | | | 5.00% | | | | 08/30/2024 | | | | 10,000 | | | 10,025,029 |
Series 2016 B, RB(b) | | | 5.00% | | | | 05/01/2041 | | | | 10,000 | | | 10,077,633 |
Series 2018 D, RB(b) | | | 5.00% | | | | 05/01/2043 | | | | 8,000 | | | 8,132,809 |
Series 2019 A, RB(b) | | | 5.00% | | | | 05/01/2044 | | | | 1,000 | | | 1,023,018 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | |
San Francisco (City & County of), CA Infrastructure & Revitalization Financing District No. 1; | | | | | | | | | | | | |
Series 2022 A, RB(d) | | | 5.00% | | | 09/01/2027 | | | $ 295 | | | $ 298,624 |
Series 2022 A, RB(d) | | | 5.00% | | | 09/01/2032 | | | 400 | | | 413,480 |
Series 2022 B, RB(d) | | | 5.00% | | | 09/01/2032 | | | 400 | | | 408,230 |
San Jacinto (City of), CA Community Facilities District No. 2002-1; Series 2016, Ref. RB | | | 5.00% | | | 09/01/2026 | | | 925 | | | 941,970 |
San Jose (City of), CA; | | | | | | | | | | | | |
Series 2017 A, Ref. RB(b) | | | 5.00% | | | 03/01/2035 | | | 500 | | | 511,660 |
Series 2017 A, Ref. RB(b) | | | 5.00% | | | 03/01/2036 | | | 1,000 | | | 1,022,576 |
Series 2017 A, Ref. RB(b) | | | 5.00% | | | 03/01/2037 | | | 1,250 | | | 1,276,114 |
San Jose (City of), CA (El Parador Apartments); Series 2000 A, RB(b) | | | 6.10% | | | 01/01/2031 | | | 25 | | | 24,631 |
San Jose (City of), CA (Orvieto Family Apartments); Series 2010 B-1, RB | | | 4.75% | | | 08/01/2029 | | | 1,780 | | | 1,781,506 |
San Luis Obispo (County of), CA (Paso Robles Courthouse); Series 2007, COP (INS - AGM)(a) | | | 4.25% | | | 10/15/2026 | | | 5 | | | 5,003 |
Santa Clara (County of), CA Housing Authority; | | | | | | | | | | | | |
Series 2001 A, RB(b) | | | 5.85% | | | 08/01/2031 | | | 1,375 | | | 1,377,817 |
Series 2010 A-1, RB (CEP - FHLMC) | | | 4.75% | | | 11/01/2027 | | | 1,430 | | | 1,430,372 |
Santa Clarita (City of), CA Community Facilities District No. 2002-1 (Valencia Town Center); | | | | | | | | | | | | |
Series 2012, Ref. RB | | | 5.00% | | | 11/15/2024 | | | 325 | | | 325,166 |
Series 2012, Ref. RB | | | 5.00% | | | 11/15/2025 | | | 925 | | | 925,639 |
Series 2012, Ref. RB | | | 5.00% | | | 11/15/2027 | | | 785 | | | 785,578 |
Series 2012, Ref. RB | | | 5.00% | | | 11/15/2028 | | | 1,170 | | | 1,170,919 |
Santa Nella (County of), CA Water District; Series 1998, Ref. RB | | | 6.25% | | | 09/02/2028 | | | 10 | | | 9,273 |
Saugus Union School District Financing Authority; | | | | | | | | | | | | |
Series 2021 A, RB (INS - BAM)(a) | | | 4.00% | | | 09/01/2038 | | | 650 | | | 653,920 |
Series 2021 A, RB (INS - BAM)(a) | | | 4.00% | | | 09/01/2041 | | | 260 | | | 258,760 |
Selma (City of), CA Redevelopment Agency; Series 2010 A, RB | | | 5.75% | | | 09/01/2024 | | | 375 | | | 375,277 |
Silicon Valley Tobacco Securitization Authority (Santa Clara); Series 2007 A, RB(i) | | | 0.00% | | | 06/01/2036 | | | 6,000 | | | 3,118,153 |
Simi Valley (City of), CA Community Development Agency (Merged Tapo Canyon & West End Community Development); Series 2003, Ref. RB (INS - NATL)(a) | | | 5.00% | | | 09/01/2030 | | | 25 | | | 25,037 |
Sonora Union High School District (Election of 2012); Series 2013 A, GO Bonds (INS - AGM)(a) | | | 5.63% | | | 08/01/2029 | | | 1,020 | | | 1,021,275 |
South Pasadena (City of), CA; Series 2016, Ref. RB (INS - BAM)(a) | | | 5.00% | | | 10/01/2036 | | | 1,115 | | | 1,155,063 |
South San Francisco (City of) CA Public Facilities Financing Authority; Series 2021 A, RB | | | 4.00% | | | 06/01/2040 | | | 3,305 | | | 3,328,034 |
South Tahoe Joint Powers Financing Authority (South Tahoe Redevelopment Project Area No. 1); Series 2014, Ref. RB (INS - AGM)(a) | | | 4.00% | | | 10/01/2034 | | | 500 | | | 497,059 |
Southern California Public Power Authority (Clean Energy); Series 2024 A, RB(c) | | | 5.00% | | | 09/01/2030 | | | 10,000 | | | 10,535,439 |
Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.); | | | | | | | | | | | | |
Series 2019, Ref. RB | | | 5.00% | | | 06/01/2037 | | | 1,170 | | | 1,233,689 |
Series 2019, Ref. RB | | | 5.00% | | | 06/01/2038 | | | 2,000 | | | 2,096,769 |
Series 2019, Ref. RB | | | 5.00% | | | 06/01/2039 | | | 1,810 | | | 1,891,222 |
Series 2019, Ref. RB | | | 5.00% | | | 06/01/2048 | | | 12,205 | | | 12,245,646 |
Sutter & Butte (Counties of), CA Flood Agency; | | | | | | | | | | | | |
Series 2013, RB | | | 5.00% | | | 10/01/2025 | | | 300 | | | 300,288 |
Series 2013, RB | | | 5.00% | | | 10/01/2026 | | | 415 | | | 415,298 |
Series 2013, RB | | | 5.00% | | | 10/01/2027 | | | 700 | | | 700,480 |
Series 2013, RB | | | 5.00% | | | 10/01/2028 | | | 1,465 | | | 1,465,959 |
Series 2013, RB | | | 5.00% | | | 10/01/2029 | | | 1,490 | | | 1,490,834 |
Tejon Ranch Public Facilities Finance Authority (Community Facilities District No. 2008-1); | | | | | | | | | | | | |
Series 2012 A, Ref. RB | | | 5.00% | | | 09/01/2032 | | | 1,500 | | | 1,501,701 |
Series 2012 B, RB | | | 5.00% | | | 09/01/2032 | | | 1,500 | | | 1,501,701 |
Three Rivers Levee Improvement Authority (Community Facilities District No. 2006-1); | | | | | | | | | | | | |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2026 | | | 220 | | | 217,606 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2028 | | | 260 | | | 255,828 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2030 | | | 300 | | | 292,682 |
Series 2021, Ref. RB | | | 4.00% | | | 09/01/2032 | | | 100 | | | 96,415 |
Tracy (City of), CA Community Facilities District No. 93-1 (I-205 Parcel GL-17); | | | | | | | | | | | | |
Series 1996 A, RB | | | 6.30% | | | 09/01/2026 | | | 15 | | | 15,078 |
Series 2002, RB | | | 6.25% | | | 09/01/2032 | | | 25 | | | 25,041 |
| | | | |
Truckee (Town of), CA Donner Public Utility District (Community Facilities District No. 04-1); Series 2004, RB | | | 5.80% | | | 09/01/2035 | | | 30 | | | 29,583 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | Principal
Amount
(000) | | | Value |
California–(continued) | | | | | | | | | | | | |
Tustin (City of), CA Community Facilities District (Tustin Legacy/John Laing Homes); | | | | | | | | | | | | |
Series 2013, Ref. RB | | | 5.00% | | | 09/01/2024 | | | $ 420 | | | $ 420,869 |
Series 2013, Ref. RB | | | 5.00% | | | 09/01/2025 | | | 445 | | | 446,220 |
Series 2013, Ref. RB | | | 5.00% | | | 09/01/2026 | | | 470 | | | 471,423 |
Series 2013, Ref. RB | | | 5.00% | | | 09/01/2027 | | | 490 | | | 491,564 |
Series 2013, Ref. RB | | | 5.00% | | | 09/01/2028 | | | 515 | | | 516,693 |
| | | | |
Tustin Unified School District (Community Facilities District No. 97-1); Series 2015 A, Ref. RB (INS - BAM)(a) | | | 5.00% | | | 09/01/2038 | | | 4,155 | | | 4,212,181 |
Vallejo (City of), CA; | | | | | | | | | | | | |
Series 2003 A, RB | | | 6.00% | | | 09/01/2026 | | | 20 | | | 20,071 |
Series 2003 A, RB | | | 6.13% | | | 09/01/2034 | | | 30 | | | 30,139 |
| | | | |
Victor Elementary School District; Series 2015 B, GO Bonds | | | 5.00% | | | 08/01/2042 | | | 2,925 | | | 2,941,357 |
| | | | |
Victorville (City of), CA Redevelopment Agency; Series 2002 A, RB (INS - AGM)(a) | | | 5.13% | | | 12/01/2031 | | | 20 | | | 20,032 |
| | | | |
Western Riverside (County of), CA Water & Wastewater Financing Authority; Series 2013 A-1, Ref. RB | | | 5.00% | | | 09/01/2025 | | | 2,335 | | | 2,337,437 |
Whittier (City of), CA (Presbyterian Intercommunity Hospital, Inc.); Series 2014, RB | | | 5.00% | | | 06/01/2044 | | | 14,505 | | | 14,507,650 |
| | | | | | | | | | | | | 619,963,912 |
| | | | |
Puerto Rico–4.10% | | | | | | | | | | | | |
Children’s Trust Fund; | | | | | | | | | | | | |
Series 2002, RB | | | 5.50% | | | 05/15/2039 | | | 3,165 | | | 3,181,359 |
Series 2002, RB | | | 5.63% | | | 05/15/2043 | | | 335 | | | 338,970 |
Corp. Para El Financiamiento Publico de Puerto Rico; | | | | | | | | | | | | |
Series 2011, RB(j) | | | 0.00% | | | 08/01/2024 | | | 600 | | | 0 |
Series 2011, RB(j) | | | 0.00% | | | 08/01/2025 | | | 1,400 | | | 0 |
Series 2011, RB(j) | | | 0.00% | | | 08/01/2026 | | | 3,300 | | | 0 |
Series 2011, RB(j) | | | 5.50% | | | 08/01/2031 | | | 1,750 | | | 0 |
| | | | |
GDB Debt Recovery Authority of Puerto Rico; Series 2023, RB | | | 7.50% | | | 08/20/2040 | | | 244 | | | 228,476 |
| | | | |
PR Custodial Trust; Series 2003 A, GO | | | 0.00% | | | 03/15/2049 | | | 145 | | | 13,952 |
PRHTA Custodial Trust; | | | | | | | | | | | | |
Series 2022 G, RB(f) | | | 5.00% | | | 12/06/2049 | | | 21 | | | 5,307 |
Series 2022 L, RB(f) | | | 5.25% | | | 12/06/2049 | | | 301 | | | 77,201 |
Puerto Rico (Commonwealth of); | | | | | | | | | | | | |
Series 2021 A, GO Bonds(i) | | | 0.00% | | | 07/01/2024 | | | 27 | | | 27,129 |
Series 2021 A, GO Bonds(i) | | | 0.00% | | | 07/01/2033 | | | 215 | | | 142,715 |
Series 2021 A-1, GO Bonds | | | 5.38% | | | 07/01/2025 | | | 8,856 | | | 8,933,468 |
Series 2021 A-1, GO Bonds | | | 5.63% | | | 07/01/2027 | | | 184 | | | 192,708 |
Series 2021 A-1, GO Bonds | | | 5.63% | | | 07/01/2029 | | | 181 | | | 195,137 |
Series 2021 A-1, GO Bonds | | | 5.75% | | | 07/01/2031 | | | 176 | | | 196,295 |
Series 2021 A-1, GO Bonds | | | 4.00% | | | 07/01/2033 | | | 347 | | | 346,972 |
Series 2021 A-1, GO Bonds | | | 4.00% | | | 07/01/2035 | | | 150 | | | 147,452 |
Series 2021 A-1, GO Bonds | | | 4.00% | | | 07/01/2037 | | | 129 | | | 124,980 |
Series 2021 A-1, GO Bonds | | | 4.00% | | | 07/01/2041 | | | 175 | | | 162,802 |
Subseries 2022, RN | | | 0.00% | | | 11/01/2043 | | | 737 | | | 457,647 |
Puerto Rico (Commonwealth of) Aqueduct & Sewer Authority; | | | | | | | | | | | | |
Series 2008 A, RB (INS - AGC)(a) | | | 6.13% | | | 07/01/2024 | | | 10 | | | 10,018 |
Series 2021 B, RB(d) | | | 5.00% | | | 07/01/2025 | | | 4,060 | | | 4,103,565 |
Puerto Rico (Commonwealth of) Electric Power Authority; | | | | | | | | | | | | |
Series 2004 PP, Ref. RB (INS - NATL)(a) | | | 5.00% | | | 07/01/2025 | | | 470 | | | 470,069 |
Series 2005 RR, RB (INS - NATL)(a) | | | 5.00% | | | 07/01/2024 | | | 520 | | | 520,064 |
Series 2005 SS, Ref. RB (INS - NATL)(a) | | | 5.00% | | | 07/01/2024 | | | 100 | | | 100,012 |
Series 2005 SS, Ref. RB (INS - NATL)(a) | | | 5.00% | | | 07/01/2025 | | | 25 | | | 25,008 |
Series 2007 UU, Ref. RB (INS - AGM)(a) | | | 5.00% | | | 07/01/2024 | | | 455 | | | 455,010 |
Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico); | | | | | | | | | | | | |
Series 2023 A, RB | | | 6.63% | | | 01/01/2027 | | | 193 | | | 190,007 |
Series 2023 A, RB | | | 6.63% | | | 01/01/2028 | | | 1,472 | | | 1,446,156 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
| | | | | | | | | | | | | | |
| | | Interest
Rate | | | Maturity
Date | | | Principal
Amount
(000) | | | Value |
Puerto Rico–(continued) | | | | | | | | | | | | | | |
Puerto Rico Sales Tax Financing Corp.; | | | | | | | | | | | | | | |
Series 2018 A-1, RB | | | 4.50% | | | | 07/01/2034 | | | | $ 4,057 | | | $ 4,065,753 |
Series 2018 A-1, RB | | | 4.55% | | | | 07/01/2040 | | | | 4 | | | 4,029 |
Series 2018 A-1, RB(i) | | | 0.00% | | | | 07/01/2046 | | | | 5 | | | 1,601 |
Series 2018 A-1, RB(i) | | | 0.00% | | | | 07/01/2051 | | | | 5 | | | 1,189 |
Series 2018 A-1, RB | | | 4.75% | | | | 07/01/2053 | | | | 4 | | | 3,975 |
Series 2018 A-1, RB | | | 5.00% | | | | 07/01/2058 | | | | 5 | | | 5,002 |
Series 2019 A-2, RB | | | 4.54% | | | | 07/01/2053 | | | | 46 | | | 44,175 |
Series 2019 A-2, RB | | | 4.78% | | | | 07/01/2058 | | | | 620 | | | 614,516 |
University of Puerto Rico; | | | | | | | | | | | | | | |
Series 2006 P, Ref. RB (INS - NATL)(a) | | | 5.00% | | | | 06/01/2024 | | | | 100 | | | 100,000 |
Series 2006 P, Ref. RB | | | 5.00% | | | | 06/01/2024 | | | | 315 | | | 315,000 |
| | | | | | | | | | | | | | | 27,247,719 |
| | | | |
Guam–0.16% | | | | | | | | | | | | | | |
| | | | |
Guam (Territory of); Series 2021 F, Ref. RB | | | 4.00% | | | | 01/01/2042 | | | | 1,120 | | | 1,042,652 |
| | | | |
Northern Mariana Islands–0.14% | | | | | | | | | | | | | | |
| | | | |
Northern Mariana Islands (Commonwealth of); Series 2007 A, Ref. GO Bonds(d) | | | 5.00% | | | | 06/01/2030 | | | | 1,010 | | | 923,731 |
| | | | |
Virgin Islands–0.06% | | | | | | | | | | | | | | |
Virgin Islands (Government of) Public Finance Authority (Virgin Islands Gross Receipts Taxes Loan Note); | | | | | | | | | | | | | | |
Series 2006, RN (INS - NATL)(a) | | | 5.00% | | | | 10/01/2024 | | | | 90 | | | 90,923 |
Series 2006, RN (INS - NATL)(a) | | | 5.00% | | | | 10/01/2025 | | | | 170 | | | 171,779 |
Series 2006, RN (INS - NATL)(a) | | | 5.00% | | | | 10/01/2026 | | | | 125 | | | 126,317 |
| | | | | | | | | | | | | | | 389,019 |
Total Municipal Obligations (Cost $659,875,077) | | | | | | | | | | | | | | 649,567,033 |
| | | | |
U.S. Dollar Denominated Bonds & Notes–0.16% | | | | | | | | | | | | | | |
California–0.11% | | | | | | | | | | | | | | |
CalPlant I LLC; Exit Facility(d) | | | 15.00% | | | | 07/01/2025 | | | | 725 | | | 741,109 |
| | | | |
Puerto Rico–0.05% | | | | | | | | | | | | | | |
| | | | |
AES Puerto Rico, Inc.(j) | | | 12.50% | | | | 03/04/2026 | | | | 342 | | | 331,749 |
Total U.S. Dollar Denominated Bonds & Notes (Cost $1,057,891) | | | | | | | | | | | | | | 1,072,858 |
| | | | |
| | | | | | | | | Shares | | | |
Preferred Stocks–0.00% | | | | | | | | | | | | | | |
AES Puerto Rico, Inc., Pfd.
(Cost $0)(j) | | | | | | | | | | | 32,378 | | | 0 |
TOTAL INVESTMENTS IN SECURITIES(k)–98.02% (Cost $660,932,968) | | | | | | | | | | | | | | 650,639,891 |
OTHER ASSETS LESS LIABILITIES–1.98% | | | | | | | | | | | | | | 13,144,509 |
NET ASSETS–100.00% | | | | | | | | | | | | | | $663,784,400 |
See accompanying notes which are an integral part of this schedule.
| | |
| | | Invesco Limited Term California Municipal Fund |
Investment Abbreviations:
| | |
| AGC | | - Assured Guaranty Corp. |
| AGM | | - Assured Guaranty Municipal Corp. |
| AMBAC | | - American Municipal Bond Assurance Corp. |
| BAM | | - Build America Mutual Assurance Co. |
| BHAC | | - Berkshire Hathaway Assurance Corp. |
| CEP | | - Credit Enhancement Provider |
| COP | | - Certificates of Participation |
| Ctfs. | | - Certificates |
| FGIC | | - Financial Guaranty Insurance Company |
| FHLMC | | - Federal Home Loan Mortgage Corp. |
| GO | | - General Obligation |
| INS | | - Insurer |
| NATL | | - National Public Finance Guarantee Corp. |
| Pfd. | | - Preferred |
| RB | | - Revenue Bonds |
| Ref. | | - Refunding |
| RN | | - Revenue Notes |
| SGI | | - Syncora Guarantee, Inc. |
| Sub. | | - Subordinated |
| VRD | | - Variable Rate Demand |
Notes to Schedule of Investments:
| (a) | Principal and/or interest payments are secured by the bond insurance company listed. |
| (b) | Security subject to the alternative minimum tax. |
| (c) | Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put. |
| (d) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2024 was $63,764,055, which represented 9.61% of the Fund’s Net Assets. |
| (e) | Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on May 31, 2024. |
| (f) | 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, 2024 was $145,013, which represented less than 1% of the Fund’s Net Assets. |
| (g) | Restricted security. The aggregate value of these securities at May 31, 2024 was $62,505, which represented less than 1% of the Fund’s Net Assets. |
| (h) | Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral. |
| (i) | Zero coupon bond issued at a discount. |
| (j) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| (k) | This table provides a listing of those entities that have either issued, guaranteed, backed or otherwise enhanced the credit quality of more than 5% of the securities held in the portfolio. In instances where the entity has guaranteed, backed or otherwise enhanced the credit quality of a security, it is not primarily responsible for the issuer’s obligations but may be called upon to satisfy the issuer’s obligations. |
| | |
| Entity | | Percent |
|
|
Build America Mutual Assurance Co. | | 5.20% |
|
|
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 Limited Term California Municipal Fund |
Notes to Quarterly Schedule of Portfolio Holdings
May 31, 2024
(Unaudited)
NOTE 1–Additional Valuation Information
Generally Accepted Accounting Principles (“GAAP”) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
| | |
| Level 1 - | | Prices are determined using quoted prices in an active market for identical assets. |
| Level 2 - | | Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others. |
| Level 3 - | | Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.’s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information. |
The following is a summary of the tiered valuation input levels, as of May 31, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | Level 1 | | | | Level 2 | | | | | | Level 3 | | | | | | Total | |
|
| |
Investments in Securities | | | | | | | | | | | | | | | | | | | | | | | | |
|
| |
Municipal Obligations | | $– | | | | $ | 649,567,033 | | | | | | | $ | 0 | | | | | | | $ | 649,567,033 | |
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| |
U.S. Dollar Denominated Bonds & Notes | | – | | | | | 741,109 | | | | | | | | 331,749 | | | | | | | | 1,072,858 | |
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| |
Preferred Stocks | | – | | | | | – | | | | | | | | 0 | | | | | | | | 0 | |
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| |
Total Investments in Securities | | – | | | | | 650,308,142 | | | | | | | | 331,749 | | | | | | | | 650,639,891 | |
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| |
| | | | | | | |
Other Investments - Assets | | | | | | | | | | | | | | | | | | | | | | | | |
|
| |
Investments Matured | | – | | | | | 13,500 | | | | | | | | 3,535,000 | | | | | | | | 3,548,500 | |
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| |
Total Investments | | $– | | | | $ | 650,321,642 | | | | | | | $ | 3,866,749 | | | | | | | $ | 654,188,391 | |
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| |
| | |
| | | Invesco Limited Term California Municipal Fund |
