# EDGAR Filing Document

**Accession Number:** 0001209466
**File Stem:** 0001752724-23-075877
**Filing Date:** 2023-3
**Character Count:** 298227
**Document Hash:** befca28ccc871b10ca0404c420d2d159
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-075877.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001752724-23-075877

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001209466
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21265
- **FILM NUMBER:** 23785639

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** POWERSHARES EXCHANGE TRADED FUND TRUST
- **DATE OF NAME CHANGE:** 20021210

## Series and Classes Contracts Data

### Invesco Dividend Achievers ETF (Series ID: S000003037)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000008304 | Invesco Dividend Achievers ETF | PFM             |

## Nport-Ex

Schedule of Investments<sup>(a)</sup><br>

### Invesco BuyBack Achievers<sup>TM</sup> ETF (PKW)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** |
| **Communication Services-7.71%** | **Communication Services-7.71%** | **Communication Services-7.71%** |
| Charter Communications, Inc., Class A<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;51806 | &nbsp;&nbsp;$19909564 |
| Comcast Corp., Class A<br>| 1435629 | &nbsp;&nbsp;&nbsp;&nbsp;56492002 |
| Cumulus Media, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39496 |
| Liberty Broadband Corp., Class C<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;42362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3803260 |
| Liberty Latin America Ltd., Class C<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;57032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561765 |
| Nexstar Media Group, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;12549 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2569659 |
| Outbrain, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;17490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86051 |
| Playtika Holding Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;120177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1260657 |
| Sinclair Broadcast Group, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;15259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314793 |
| TrueCar, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;29323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91488 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;85128735 |
| **Consumer Discretionary-22.37%** | **Consumer Discretionary-22.37%** | **Consumer Discretionary-22.37%** |
| Abercrombie & Fitch Co., Class A<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;16307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;472251 |
| Academy Sports & Outdoors, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;26006 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1519271 |
| Accel Entertainment, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;29108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268376 |
| Adtalem Global Education, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576900 |
| AutoNation, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;16497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2090500 |
| AutoZone, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6245 | &nbsp;&nbsp;&nbsp;&nbsp;15230618 |
| Bally's Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312515 |
| Bassett Furniture Industries, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58990 |
| Bath & Body Works, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;76013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3497358 |
| Bed Bath & Beyond, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;39036 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110082 |
| Best Buy Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;73634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6532808 |
| Big Lots, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9637 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157661 |
| Bluegreen Vacations Holding Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5361 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173911 |
| Booking Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;12909 | &nbsp;&nbsp;&nbsp;&nbsp;31421797 |
| Boyd Gaming Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;34735 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2164338 |
| Brunswick Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;24129 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2034799 |
| Build-A-Bear Workshop, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120565 |
| Caleres, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;11853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308415 |
| Capri Holdings Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;43625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2900626 |
| Carriage Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158761 |
| Carter's, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1058799 |
| Cato Corp. (The), Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63278 |
| Century Communities, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;10573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647068 |
| Chegg, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;41757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866875 |
| Children's Place, Inc. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4069 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184611 |
| Chuy's Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205003 |
| Conn's, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7969 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74988 |
| Cracker Barrel Old Country Store, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;824353 |
| Darden Restaurants, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6026670 |
| Denny's Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;19046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228933 |
| Designer Brands, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;18603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;191797 |
| Dillard's, Inc., Class A<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1719551 |
| Dine Brands Global, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;403404 |
| eBay, Inc.<br>| &nbsp;&nbsp;&nbsp;180590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8939205 |
| Foot Locker, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;31056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351247 |
| Franchise Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;12714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392735 |
| Genesco, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202625 |
| Grand Canyon Education, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;10365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1208144 |
| Green Brick Partners, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;15321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;478015 |
| Group 1 Automotive, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4852 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1037600 |
| Guess?, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;18120 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;419840 |
| H&R Block, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;51738 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2016747 |
| Haverty Furniture Cos., Inc., (Acquired 01/31/2023 - 01/31/2023; Cost $172,781)<sup>(d)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172749 |
| Hibbett, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4236 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281101 |
| Hooker Furnishings Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3771 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79417 |
| JELD-WEN Holding, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;28066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355035 |
| Kohl's Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;36768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1190180 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| Laureate Education, Inc., Class A<sup>(c)</sup><br>| &nbsp;&nbsp;52146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$572563 |
| Lazydays Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46244 |
| Lennar Corp., Class A<br>| &nbsp;&nbsp;84783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8681779 |
| LKQ Corp.<br>| &nbsp;&nbsp;88912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5242251 |
| Lowe's Cos., Inc.<br>| 201237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41907605 |
| M/I Homes, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9128 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545854 |
| Macy's, Inc.<br>| &nbsp;&nbsp;90222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131946 |
| Marriott Vacations Worldwide Corp.<br>| &nbsp;&nbsp;12752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2040830 |
| MasterCraft Boat Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;170403 |
| MGM Resorts International<br>| 127797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5292074 |
| Mohawk Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;21143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2538429 |
| Monro, Inc.<br>| &nbsp;&nbsp;10468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532821 |
| Murphy USA, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7519 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2045394 |
| NVR, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5607280 |
| ODP Corp. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;15245 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;786642 |
| O'Reilly Automotive, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;20824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16499896 |
| Oxford Industries, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615171 |
| Penske Automotive Group, Inc.<br>| &nbsp;&nbsp;23729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3033041 |
| PulteGroup, Inc.<br>| &nbsp;&nbsp;75815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4313115 |
| PVH Corp.<br>| &nbsp;&nbsp;21089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1895901 |
| Ralph Lauren Corp.<br>| &nbsp;&nbsp;13675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1693649 |
| Red Rock Resorts, Inc., Class A<br>| &nbsp;&nbsp;19302 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868783 |
| Rent-A-Center, Inc.<br>| &nbsp;&nbsp;18526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498164 |
| Sally Beauty Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;35622 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;554991 |
| SeaWorld Entertainment, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;21261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326474 |
| Service Corp. International<br>| &nbsp;&nbsp;51184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3795294 |
| Signet Jewelers Ltd.<br>| &nbsp;&nbsp;15121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1161444 |
| Sonic Automotive, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;8169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;438757 |
| Sportsman's Warehouse Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;12545 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118299 |
| Tapestry, Inc.<br>| &nbsp;&nbsp;80189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3654213 |
| Taylor Morrison Home Corp., Class A<sup>(b)(c)</sup><br>| &nbsp;&nbsp;36056 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1290805 |
| Tempur Sealy International, Inc.<br>| &nbsp;&nbsp;56901 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2318716 |
| Tile Shop Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;14763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73815 |
| Toll Brothers, Inc.<br>| &nbsp;&nbsp;36848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2192088 |
| Travel + Leisure Co.<br>| &nbsp;&nbsp;27049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1146066 |
| Tri Pointe Homes, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;33583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;741848 |
| Tupperware Brands Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;14802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65573 |
| Ulta Beauty, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;16932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8702371 |
| Urban Outfitters, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;30675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840188 |
| Vera Bradley, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61136 |
| Victoria's Secret & Co.<sup>(b)</sup><br>| &nbsp;&nbsp;26898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1133751 |
| Whirlpool Corp.<br>| &nbsp;&nbsp;18130 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2820847 |
| Williams-Sonoma, Inc.<br>| &nbsp;&nbsp;22153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2989326 |
| Winmark Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321235 |
| Winnebago Industries, Inc.<br>| &nbsp;&nbsp;10164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;647244 |
| Wyndham Hotels & Resorts, Inc.<br>| &nbsp;&nbsp;29393 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2278251 |
| Zumiez, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167533 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;247130612 |
| **Consumer Staples-0.50%** | **Consumer Staples-0.50%** | **Consumer Staples-0.50%** |
| Edgewell Personal Care Co.<br>| &nbsp;&nbsp;17187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;736635 |
| Hain Celestial Group, Inc. (The)<sup>(b)(c)</sup><br>| &nbsp;&nbsp;29722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609895 |
| Herbalife Nutrition Ltd.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;32574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572325 |
| Medifast, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3636 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;405232 |
| Post Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;19550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1856273 |
| Seneca Foods Corp., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122250 |
| Sprouts Farmers Market, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;35226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1125471 |
| Turning Point Brands, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135662 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5563743 |
| **Energy-10.03%** | **Energy-10.03%** | **Energy-10.03%** |
| APA Corp.<br>| 106995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4743088 |
| California Resources Corp.<br>| &nbsp;&nbsp;24450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1044749 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco BuyBack Achievers<sup>TM</sup> ETF (PKW)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Energy-(continued)** | **Energy-(continued)** | **Energy-(continued)** |
| CNX Resources Corp.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;60060 | &nbsp;&nbsp;&nbsp;&nbsp;$1004804 |
| ConocoPhillips<br>| 414675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50536442 |
| Delek US Holdings, Inc.<br>| &nbsp;&nbsp;23193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620645 |
| Magnolia Oil & Gas Corp., Class A<sup>(c)</sup><br>| &nbsp;&nbsp;62394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1473122 |
| Marathon Oil Corp.<br>| 211342 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5805565 |
| Marathon Petroleum Corp.<br>| 155964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20044493 |
| PDC Energy, Inc.<br>| &nbsp;&nbsp;30664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2076873 |
| Range Resources Corp.<br>| &nbsp;&nbsp;80413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2011933 |
| Valero Energy Corp.<br>| 128297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17965429 |
| Western Midstream Partners L.P.<br>| 128318 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3467152 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;110794295 |
| **Financials-20.62%** | **Financials-20.62%** | **Financials-20.62%** |
| Acacia Research Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;14490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63176 |
| Affiliated Managers Group, Inc.<br>| &nbsp;&nbsp;12536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2165469 |
| Aflac, Inc.<br>| 206923 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15208840 |
| Allstate Corp. (The)<br>| &nbsp;&nbsp;88258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11338505 |
| Ally Financial, Inc.<br>| &nbsp;&nbsp;99386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3229051 |
| Amerant Bancorp, Inc.<br>| &nbsp;&nbsp;11240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;312922 |
| American Equity Investment Life Holding Co.<br>| &nbsp;&nbsp;28521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1359026 |
| American International Group, Inc.<br>| 247254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15631398 |
| Assurant, Inc.<br>| &nbsp;&nbsp;17582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2331197 |
| Assured Guaranty Ltd.<br>| &nbsp;&nbsp;19965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249809 |
| Bank OZK<br>| &nbsp;&nbsp;39123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1786747 |
| BankUnited, Inc.<br>| &nbsp;&nbsp;25714 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;967875 |
| Berkshire Hills Bancorp, Inc.<br>| &nbsp;&nbsp;14984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;465253 |
| Brighthouse Financial, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;23005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1294491 |
| Brightsphere Investment Group, Inc.<br>| &nbsp;&nbsp;13789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323352 |
| Cannae Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;25964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634560 |
| Capital One Financial Corp.<br>| 127024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15115856 |
| Carter Bankshares, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133342 |
| CNO Financial Group, Inc.<br>| &nbsp;&nbsp;38072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980735 |
| Credit Acceptance Corp.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989815 |
| Discover Financial Services<br>| &nbsp;&nbsp;90926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10613792 |
| Donnelley Financial Solutions, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441733 |
| Eastern Bankshares, Inc.<br>| &nbsp;&nbsp;58796 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950731 |
| Encore Capital Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;7782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;433613 |
| Enova International, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;477910 |
| Equitable Holdings, Inc.<br>| 123145 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3949260 |
| Equity Bancshares, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;5304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158324 |
| Federated Hermes, Inc., Class B<br>| &nbsp;&nbsp;29613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163791 |
| First American Financial Corp.<br>| &nbsp;&nbsp;34457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131855 |
| First Bancorp<br>| &nbsp;&nbsp;61436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;826314 |
| First Financial Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179725 |
| First Internet Bancorp<br>| &nbsp;&nbsp;&nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80842 |
| Great Southern Bancorp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237559 |
| HarborOne Bancorp, Inc.<br>| &nbsp;&nbsp;16369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;223273 |
| Hartford Financial Services Group, Inc. (The)<br>| 105859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8215717 |
| HCI Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2914 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146312 |
| Hilltop Holdings, Inc.<br>| &nbsp;&nbsp;21495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;702886 |
| HomeStreet, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171789 |
| Jefferies Financial Group, Inc.<br>| &nbsp;&nbsp;76205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2993332 |
| Kearny Financial Corp.<br>| &nbsp;&nbsp;22486 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;210919 |
| Lincoln National Corp.<br>| &nbsp;&nbsp;56313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1995170 |
| Loews Corp.<br>| &nbsp;&nbsp;79012 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4857658 |
| MetLife, Inc.<br>| 261106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19065960 |
| MFA Financial, Inc.<br>| &nbsp;&nbsp;33877 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;402798 |
| MGIC Investment Corp.<br>| &nbsp;&nbsp;98846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395706 |
| Morgan Stanley<br>| 562445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54742772 |
| Mr. Cooper Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;23483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1079983 |
| Navient Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;45131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;856135 |
| Northrim BanCorp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101279 |
| Ocwen Financial Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90936 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| OneMain Holdings, Inc.<br>| &nbsp;&nbsp;40670 | &nbsp;&nbsp;&nbsp;&nbsp;$1754504 |
| Oppenheimer Holdings, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;3616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172158 |
| Pathward Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470050 |
| PennyMac Financial Services, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;16666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1123622 |
| PennyMac Mortgage Investment Trust<br>| &nbsp;&nbsp;29594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451308 |
| Popular, Inc.<br>| &nbsp;&nbsp;24192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1660539 |
| PRA Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;12971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521953 |
| Primerica, Inc.<br>| &nbsp;&nbsp;12279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986128 |
| Principal Financial Group, Inc.<br>| &nbsp;&nbsp;81427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7536069 |
| PROG Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;16650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371128 |
| Radian Group, Inc.<br>| &nbsp;&nbsp;52256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1154858 |
| RenaissanceRe Holdings Ltd. (Bermuda)<br>| &nbsp;&nbsp;14543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2845920 |
| SLM Corp.<br>| &nbsp;&nbsp;83262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1462913 |
| Synchrony Financial<br>| 149934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5507076 |
| Virtu Financial, Inc., Class A<br>| &nbsp;&nbsp;33213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;641343 |
| Voya Financial, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;32338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2256222 |
| Waterstone Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118898 |
| WesBanco, Inc.<br>| &nbsp;&nbsp;19686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731729 |
| White Mountains Insurance Group Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1309462 |
| World Acceptance Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2082 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199289 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;227754662 |
| **Health Care-15.77%** | **Health Care-15.77%** | **Health Care-15.77%** |
| Amgen, Inc.<br>| 177568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44818163 |
| AMN Healthcare Services, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;14422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1382204 |
| Cardinal Health, Inc.<br>| &nbsp;&nbsp;87235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6738904 |
| Cigna Corp.<br>| 101746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32219906 |
| Corcept Therapeutics, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;35824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818937 |
| DaVita, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;29984 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2470382 |
| Emergent BioSolutions, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;16602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218980 |
| HCA Healthcare, Inc.<br>| &nbsp;&nbsp;94084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23998006 |
| Ironwood Pharmaceuticals, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;51048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588073 |
| Laboratory Corp. of America Holdings<br>| &nbsp;&nbsp;29485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7433758 |
| McKesson Corp.<br>| &nbsp;&nbsp;47187 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17868773 |
| Medpace Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2288074 |
| Moderna, Inc.<sup>(b)</sup><br>| 127850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22509271 |
| Quest Diagnostics, Inc.<br>| &nbsp;&nbsp;37900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5627392 |
| Select Medical Holdings Corp.<br>| &nbsp;&nbsp;42258 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1228440 |
| Theravance Biopharma, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;22418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242339 |
| Universal Health Services, Inc., Class B<br>| &nbsp;&nbsp;21351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3164432 |
| Veradigm, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;36360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;174267242 |
| **Industrials-6.07%** | **Industrials-6.07%** | **Industrials-6.07%** |
| Acuity Brands, Inc.<br>| &nbsp;&nbsp;10675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2012451 |
| Allison Transmission Holdings, Inc.<br>| &nbsp;&nbsp;30780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387562 |
| Apogee Enterprises, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346241 |
| Argan, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;176157 |
| Atkore, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;13217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1721514 |
| Avis Budget Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;13799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2760352 |
| Barrett Business Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230263 |
| Beacon Roofing Supply, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;21652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1231566 |
| BlueLinx Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3007 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261068 |
| BrightView Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;30949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;246045 |
| Brink's Co. (The)<br>| &nbsp;&nbsp;15458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1014045 |
| Builders FirstSource, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;48978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3903547 |
| C.H. Robinson Worldwide, Inc.<br>| &nbsp;&nbsp;39172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3923859 |
| Covenant Logistics Group, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;3709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122990 |
| EMCOR Group, Inc.<br>| &nbsp;&nbsp;15859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2351097 |
| Encore Wire Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985369 |
| Enerpac Tool Group Corp.<br>| &nbsp;&nbsp;18960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503198 |
| Expeditors International of Washington, Inc.<br>| &nbsp;&nbsp;52958 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5727408 |
| Fortune Brands Innovations, Inc.<br>| &nbsp;&nbsp;42603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748320 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Gibraltar Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10307 | &nbsp;&nbsp;&nbsp;&nbsp;$552146 |
| Hayward Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;70310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;948482 |
| HNI Corp.<br>| &nbsp;&nbsp;13765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437314 |
| Huron Consulting Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451377 |
| KAR Auction Services, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;36243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527698 |
| Landstar System, Inc.<br>| &nbsp;&nbsp;11955 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2066183 |
| ManpowerGroup, Inc.<br>| &nbsp;&nbsp;16825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1466467 |
| Masco Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;75053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3992820 |
| Matson, Inc.<br>| &nbsp;&nbsp;12573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831327 |
| Owens Corning<br>| &nbsp;&nbsp;31101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3005912 |
| RCM Technologies, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43721 |
| REV Group, Inc.<br>| &nbsp;&nbsp;19920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255175 |
| Ryder System, Inc.<br>| &nbsp;&nbsp;16723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1578818 |
| SP Plus Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253072 |
| Stanley Black & Decker, Inc.<br>| &nbsp;&nbsp;49233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4396999 |
| Textron, Inc.<br>| &nbsp;&nbsp;69476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5061327 |
| TriNet Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;20709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1562494 |
| Trinity Industries, Inc.<sup>(c)</sup><br>| &nbsp;&nbsp;27090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;779379 |
| TrueBlue, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;10888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213731 |
| Veritiv Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4487 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561054 |
| Werner Enterprises, Inc.<br>| &nbsp;&nbsp;21033 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;987920 |
| WillScot Mobile Mini Holdings Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;69516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3368745 |
| Woodward, Inc.<br>| &nbsp;&nbsp;19880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2032929 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;67028142 |
| **Information Technology-8.15%** | **Information Technology-8.15%** | **Information Technology-8.15%** |
| A10 Networks, Inc.<br>| &nbsp;&nbsp;24442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378362 |
| Arrow Electronics, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;20469 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2404903 |
| Avnet, Inc.<br>| &nbsp;&nbsp;30456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1397321 |
| Dell Technologies, Inc., Class C<br>| &nbsp;&nbsp;80633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3275313 |
| DigitalOcean Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;32046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940550 |
| Dolby Laboratories, Inc., Class A<br>| &nbsp;&nbsp;19971 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588893 |
| Dropbox, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;93317 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2167754 |
| DXC Technology Co.<sup>(b)</sup><br>| &nbsp;&nbsp;76563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2199655 |
| Euronet Worldwide, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;16504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1859671 |
| EVERTEC, Inc.<br>| &nbsp;&nbsp;21698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;801524 |
| Fair Isaac Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;8312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5535376 |
| FleetCor Technologies, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;24544 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5125033 |
| Global Payments, Inc.<br>| &nbsp;&nbsp;89986 | &nbsp;&nbsp;&nbsp;&nbsp;10143222 |
| GoDaddy, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;51604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4238237 |
| HP, Inc.<br>| 326845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9524263 |
| IPG Photonics Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;16211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1817253 |
| Jabil, Inc.<br>| &nbsp;&nbsp;44670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3512402 |
| KLA Corp.<br>| &nbsp;&nbsp;47162 | &nbsp;&nbsp;&nbsp;&nbsp;18510142 |
| Kulicke & Soffa Industries, Inc. (Singapore)<br>| &nbsp;&nbsp;18975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;969623 |
| Lumentum Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;22696 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1365845 |
| OSI Systems, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531228 |
| Power Integrations, Inc.<br>| &nbsp;&nbsp;19035 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1638723 |
| Qorvo, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;33741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3666297 |
| Sanmina Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;19112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1164494 |
| Silicon Laboratories, Inc.<sup>(b)(c)</sup><br>| &nbsp;&nbsp;11076 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1737935 |
| Teradata Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;33878 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1181665 |
| Vontier Corp.<br>| &nbsp;&nbsp;52578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210871 |
| Xerox Holdings Corp.<br>| &nbsp;&nbsp;51532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;844094 |
| Yext, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;40633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282399 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;90013048 |
| **Materials-6.29%** | **Materials-6.29%** | **Materials-6.29%** |
| Alcoa Corp.<br>| &nbsp;&nbsp;58882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3075996 |
| Alpha Metallurgical Resources, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853895 |
| Berry Global Group, Inc.<br>| &nbsp;&nbsp;41299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2549387 |
| CF Industries Holdings, Inc.<br>| &nbsp;&nbsp;65289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5529978 |
| Chemours Co. (The)<br>| &nbsp;&nbsp;50223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1827615 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Materials-(continued)** | **Materials-(continued)** | **Materials-(continued)** |
| Crown Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39916 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$3518995 |
| Eagle Materials, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1791087 |
| Eastman Chemical Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3520716 |
| Huntsman Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025878 |
| International Paper Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;118362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4949899 |
| Louisiana-Pacific Corp.<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23859 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624559 |
| LSB Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27287 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346818 |
| Mosaic Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;113307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5613229 |
| NewMarket Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1131715 |
| Nucor Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14429914 |
| Olin Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45579 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2943948 |
| Reliance Steel & Aluminum Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4442553 |
| Steel Dynamics, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7048754 |
| United States Steel Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2221137 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69446073 |
| **Real Estate-1.83%** | **Real Estate-1.83%** | **Real Estate-1.83%** |
| Anywhere Real Estate, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;308952 |
| CBRE Group, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;105143 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8990778 |
| City Office REIT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130065 |
| Empire State Realty Trust, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445264 |
| Equity Commonwealth<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36416 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929336 |
| Howard Hughes Corp. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1419647 |
| Hudson Pacific Properties, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;534157 |
| JBG SMITH Properties<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762642 |
| Jones Lang LaSalle, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2920022 |
| National Health Investors, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849446 |
| Newmark Group, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;429374 |
| Zillow Group, Inc., Class C<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2549856 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20269539 |
| **Utilities-0.50%** | **Utilities-0.50%** | **Utilities-0.50%** |
| NRG Energy, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2430065 |
| Vistra Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;132434 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3053928 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5483993 |
| &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,106,762,456) | &nbsp;&nbsp;&nbsp;Total Common Stocks & Other Equity Interests<br>(Cost $1,106,762,456) | &nbsp;&nbsp;1102880084 |
| **Money Market Funds-0.15%** | **Money Market Funds-0.15%** | **Money Market Funds-0.15%** |
| Invesco Government & Agency Portfolio, Institutional Class, 4.30%<sup>(e)(f)</sup><br>(Cost $1,671,184)<br>| &nbsp;&nbsp;1671184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671184 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.99%<br>(Cost $1,108,433,640) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.99%<br>(Cost $1,108,433,640) | &nbsp;&nbsp;1104551268 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-8.37%** | **Money Market Funds-8.37%** | **Money Market Funds-8.37%** |
| Invesco Private Government Fund, 4.36%<sup>(e)(f)(g)</sup><br>| 25898910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25898910 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Money Market Funds-(continued)** | **Money Market Funds-(continued)** | **Money Market Funds-(continued)** |
| Invesco Private Prime Fund, 4.59%<sup>(e)(f)(g)</sup><br>| 66592585 | &nbsp;&nbsp;&nbsp;&nbsp;$66612562 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $92,511,318) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $92,511,318) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92511472 |
| TOTAL INVESTMENTS IN SECURITIES-108.36%<br>(Cost $1,200,944,958) | TOTAL INVESTMENTS IN SECURITIES-108.36%<br>(Cost $1,200,944,958) | &nbsp;&nbsp;1197062740 |
| OTHER ASSETS LESS LIABILITIES-(8.36)% | OTHER ASSETS LESS LIABILITIES-(8.36)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(92375654) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1104687086 |

---

Investment Abbreviations: <br> REIT -Real Estate Investment Trust

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(d)</sup> | Restricted security. The value of this security at January 31, 2023 represented less than 1% of the Fund's Net Assets. |
| <sup>(e)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;$1613071 | &nbsp;&nbsp;&nbsp;$24115150 | &nbsp;&nbsp;&nbsp;$(24057037) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1671184 | &nbsp;&nbsp;&nbsp;&nbsp;$26034 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44257780 | &nbsp;&nbsp;&nbsp;&nbsp;244652370 | &nbsp;&nbsp;&nbsp;&nbsp;(263011240) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;25898910 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;663,114\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;103222386 | &nbsp;&nbsp;&nbsp;&nbsp;535708599 | &nbsp;&nbsp;&nbsp;&nbsp;(572350767) | &nbsp;&nbsp;&nbsp;&nbsp;(7268) | &nbsp;&nbsp;&nbsp;&nbsp;39612 | &nbsp;&nbsp;&nbsp;&nbsp;66612562 | &nbsp;&nbsp;&nbsp;&nbsp;1,823,708\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$149093237 | &nbsp;&nbsp;&nbsp;$804476119 | &nbsp;&nbsp;&nbsp;$(859419044) | &nbsp;&nbsp;&nbsp;$(7268) | &nbsp;&nbsp;&nbsp;$39612 | &nbsp;&nbsp;&nbsp;$94182656 | &nbsp;&nbsp;&nbsp;$2512856 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(f)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(g)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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.

------

Schedule of Investments<sup>(a)</sup><br>

### Invesco Dividend Achievers<sup>TM</sup> ETF (PFM)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-100.03%** | **Common Stocks & Other Equity Interests-100.03%** | **Common Stocks & Other Equity Interests-100.03%** |
| **Communication Services-2.13%** | **Communication Services-2.13%** | **Communication Services-2.13%** |
| Comcast Corp., Class A<br>| 183067 | &nbsp;&nbsp;$7203687 |
| John Wiley & Sons, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91096 |
| Telephone & Data Systems, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60593 |
| Verizon Communications, Inc.<br>| 178202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7407857 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;14763233 |
| **Consumer Discretionary-7.33%** | **Consumer Discretionary-7.33%** | **Consumer Discretionary-7.33%** |
| Best Buy Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;849938 |
| Churchill Downs, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;418048 |
| Dillard's, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236773 |
| Gentex Corp.<br>| &nbsp;&nbsp;10023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295779 |
| Genuine Parts Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1011787 |
| Home Depot, Inc. (The)<br>| &nbsp;&nbsp;43335 | &nbsp;&nbsp;&nbsp;&nbsp;14047907 |
| Leggett & Platt, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206710 |
| Lithia Motors, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323210 |
| Lowe's Cos., Inc.<br>| &nbsp;&nbsp;25670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5345777 |
| McDonald's Corp.<br>| &nbsp;&nbsp;31206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8344484 |
| Monro, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73092 |
| NIKE, Inc., Class B<br>| &nbsp;&nbsp;53712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6839149 |
| PetMed Express, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20084 |
| Polaris, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2562 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;294220 |
| Pool Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680602 |
| Service Corp. International<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;6665 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;494210 |
| Starbucks Corp.<br>| &nbsp;&nbsp;49013 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5349279 |
| Target Corp.<br>| &nbsp;&nbsp;19514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3359140 |
| Thor Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224025 |
| Tractor Supply Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1066081 |
| VF Corp.<br>| &nbsp;&nbsp;16496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;510386 |
| Whirlpool Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363614 |
| Williams-Sonoma, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2884 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;389167 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;50743462 |
| **Consumer Staples-13.45%** | **Consumer Staples-13.45%** | **Consumer Staples-13.45%** |
| Altria Group, Inc.<br>| &nbsp;&nbsp;76526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3446731 |
| Andersons, Inc. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55133 |
| Archer-Daniels-Midland Co.<br>| &nbsp;&nbsp;23146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1917646 |
| Brown-Forman Corp., Class B<br>| &nbsp;&nbsp;13175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;877192 |
| Casey's General Stores, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391847 |
| Church & Dwight Co., Inc.<br>| &nbsp;&nbsp;10282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;831403 |
| Clorox Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;5217 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;754848 |
| Coca-Cola Co. (The)<br>| 183700 | &nbsp;&nbsp;&nbsp;&nbsp;11264484 |
| Colgate-Palmolive Co.<br>| &nbsp;&nbsp;35458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2642685 |
| Costco Wholesale Corp.<br>| &nbsp;&nbsp;18860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9640100 |
| Flowers Foods, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248822 |
| Hershey Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;6271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1408467 |
| Hormel Foods Corp.<br>| &nbsp;&nbsp;23155 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049153 |
| Ingredion, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287223 |
| J&J Snack Foods Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122378 |
| JM Smucker Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4565 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;697532 |
| Kellogg Co.<br>| &nbsp;&nbsp;14431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989678 |
| Kimberly-Clark Corp.<br>| &nbsp;&nbsp;14320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1861743 |
| Kroger Co. (The)<br>| &nbsp;&nbsp;30437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1358403 |
| Lancaster Colony Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235666 |
| McCormick & Co., Inc.<br>| &nbsp;&nbsp;10618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797624 |
| Nu Skin Enterprises, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;2154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92364 |
| PepsiCo, Inc.<br>| &nbsp;&nbsp;58672 | &nbsp;&nbsp;&nbsp;&nbsp;10034085 |
| Philip Morris International, Inc.<br>| &nbsp;&nbsp;65761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6854927 |
| Procter & Gamble Co. (The)<br>| 100732 | &nbsp;&nbsp;&nbsp;&nbsp;14342222 |
| SpartanNash Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50751 |
| Sysco Corp.<br>| &nbsp;&nbsp;21466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662756 |
| Tootsie Roll Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80201 |
| Tyson Foods, Inc., Class A<br>| &nbsp;&nbsp;12272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;806884 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Consumer Staples-(continued)** | **Consumer Staples-(continued)** | **Consumer Staples-(continued)** |
| Universal Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1089 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$59209 |
| Walgreens Boots Alliance, Inc.<br>| &nbsp;&nbsp;36699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352725 |
| Walmart, Inc.<br>| 116714 | &nbsp;&nbsp;&nbsp;&nbsp;16791643 |
| WD-40 Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105422 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;93111947 |
| **Energy-5.41%** | **Energy-5.41%** | **Energy-5.41%** |
| Chevron Corp.<br>| &nbsp;&nbsp;82197 | &nbsp;&nbsp;&nbsp;&nbsp;14303922 |
| Enterprise Products Partners L.P.<br>| &nbsp;&nbsp;92574 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2369894 |
| Exxon Mobil Corp.<br>| 174977 | &nbsp;&nbsp;&nbsp;&nbsp;20299082 |
| Magellan Midstream Partners L.P.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8802 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470027 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;37442925 |
| **Financials-13.68%** | **Financials-13.68%** | **Financials-13.68%** |
| 1st Source Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1097 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53961 |
| Aflac, Inc.<br>| &nbsp;&nbsp;26294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1932609 |
| Allstate Corp. (The)<br>| &nbsp;&nbsp;11195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438222 |
| American Equity Investment Life Holding Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177449 |
| American Financial Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3614 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;515320 |
| Ameriprise Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1578691 |
| Aon PLC, Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;8745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2786857 |
| Arthur J. Gallagher & Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8920 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1745822 |
| Associated Banc-Corp<br>| &nbsp;&nbsp;&nbsp;&nbsp;6424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143962 |
| Assurant, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2280 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302305 |
| Assured Guaranty Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167017 |
| Atlantic Union Bankshares Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121835 |
| AXIS Capital Holdings Ltd.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3586 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224376 |
| BancFirst Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125922 |
| Bank of Marin Bancorp<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21542 |
| Bank of New York Mellon Corp. (The)<br>| &nbsp;&nbsp;34288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1733944 |
| Bank OZK<br>| &nbsp;&nbsp;&nbsp;&nbsp;5001 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228396 |
| BlackRock, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6445 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4893108 |
| BOK Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2844 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285822 |
| Brown & Brown, Inc.<br>| &nbsp;&nbsp;12044 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705297 |
| Cboe Global Markets, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;558244 |
| Chubb Ltd.<br>| &nbsp;&nbsp;17705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4027710 |
| Cincinnati Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761839 |
| City Holding Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;661 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62656 |
| CME Group, Inc., Class A<br>| &nbsp;&nbsp;15290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2701131 |
| Cohen & Steers, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152744 |
| Commerce Bancshares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355164 |
| Community Bank System, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132733 |
| Community Trust Bancorp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34076 |
| Cullen/Frost Bankers, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360224 |
| Discover Financial Services<br>| &nbsp;&nbsp;11628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1357336 |
| Erie Indemnity Co., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480636 |
| Evercore, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226518 |
| FactSet Research Systems, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716037 |
| Federal Agricultural Mortgage Corp., Class C<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54385 |
| Fidelity National Financial, Inc.<br>| &nbsp;&nbsp;11767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;518101 |
| Fifth Third Bancorp<br>| &nbsp;&nbsp;29127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057019 |
| Financial Institutions, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;667 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16482 |
| First American Financial Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275878 |
| First Community Bankshares, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23310 |
| First Financial Bankshares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216534 |
| First Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24347 |
| First Merchants Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109116 |
| First of Long Island Corp. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17748 |
| Franklin Resources, Inc.<br>| &nbsp;&nbsp;21237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662594 |
| Globe Life, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502736 |
| Goldman Sachs Group, Inc. (The)<br>| &nbsp;&nbsp;14339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5245350 |
| Hanover Insurance Group, Inc. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;213848 |
| Heritage Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44364 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Dividend Achievers<sup>TM</sup> ETF (PFM)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Hingham Institution for Savings (The)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27772 |
| Home BancShares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;207048 |
| Horace Mann Educators Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65344 |
| Horizon Bancorp, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29341 |
| Huntington Bancshares, Inc.<br>| &nbsp;&nbsp;61272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;929496 |
| Independent Bank Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1954 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155714 |
| International Bancshares Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2681 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125659 |
| JPMorgan Chase & Co.<br>| 124899 | &nbsp;&nbsp;&nbsp;&nbsp;17480864 |
| KeyCorp<br>| &nbsp;&nbsp;39658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761037 |
| Lakeland Bancorp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53860 |
| Lakeland Financial Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80044 |
| Lincoln National Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255911 |
| MarketAxess Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1678 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610540 |
| Marsh & McLennan Cos., Inc.<br>| &nbsp;&nbsp;21237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3714564 |
| Moody's Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2521646 |
| Morningstar, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1893 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459772 |
| Northwest Bancshares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75734 |
| Old Republic International Corp.<br>| &nbsp;&nbsp;13131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;346527 |
| PNC Financial Services Group, Inc. (The)<br>| &nbsp;&nbsp;17058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2821905 |
| Premier Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39231 |
| Primerica, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270123 |
| Principal Financial Group, Inc.<br>| &nbsp;&nbsp;10563 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;977606 |
| Prosperity Bancshares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3896 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295551 |
| Prudential Financial, Inc.<br>| &nbsp;&nbsp;15758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1653645 |
| Raymond James Financial, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1033424 |
| Reinsurance Group of America, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425867 |
| RenaissanceRe Holdings Ltd. (Bermuda)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1857 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;363396 |
| Republic Bancorp, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35444 |
| RLI Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1931 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255761 |
| S&P Global, Inc.<br>| &nbsp;&nbsp;13860 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5196668 |
| Sandy Spring Bancorp, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1908 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64490 |
| SEI Investments Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;359909 |
| Simmons First National Corp., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5446 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;121500 |
| South State Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254004 |
| Southern Missouri Bancorp, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19901 |
| Southside Bancshares, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53941 |
| State Street Corp.<br>| &nbsp;&nbsp;15654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1429680 |
| Stock Yards Bancorp, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1305 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78248 |
| T. Rowe Price Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;9603 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1118461 |
| Tompkins Financial Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48362 |
| Towne Bank<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93695 |
| Travelers Cos., Inc. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;9967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1904893 |
| Truist Financial Corp.<br>| &nbsp;&nbsp;56387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2784954 |
| U.S. Bancorp<br>| &nbsp;&nbsp;63124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3143575 |
| UMB Financial Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185882 |
| United Bankshares, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230386 |
| Unum Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;8473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356120 |
| W.R. Berkley Corp.<br>| &nbsp;&nbsp;11276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790899 |
| Washington Federal, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97621 |
| Washington Trust Bancorp, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32805 |
| WesBanco, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96270 |
| Westamerica Bancorporation<br>| &nbsp;&nbsp;&nbsp;&nbsp;1192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66228 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;94692635 |
| **Health Care-15.66%** | **Health Care-15.66%** | **Health Care-15.66%** |
| Abbott Laboratories<br>| &nbsp;&nbsp;74320 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8216076 |
| AmerisourceBergen Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483976 |
| Amgen, Inc.<br>| &nbsp;&nbsp;22781 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5749924 |
| Atrion Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54297 |
| Becton, Dickinson and Co.<br>| &nbsp;&nbsp;12075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3045556 |
| Bristol-Myers Squibb Co.<br>| &nbsp;&nbsp;90652 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6585868 |
| Cardinal Health, Inc.<br>| &nbsp;&nbsp;10963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846892 |
| Chemed Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;334403 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Elevance Health, Inc.<br>| &nbsp;&nbsp;10176 | &nbsp;&nbsp;&nbsp;&nbsp;$5087898 |
| Ensign Group, Inc. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;2369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220909 |
| Humana, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2746806 |
| Johnson & Johnson<br>| 111307 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18189790 |
| LeMaitre Vascular, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45953 |
| McKesson Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2280790 |
| Medtronic PLC<br>| &nbsp;&nbsp;56337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4714843 |
| Merck & Co., Inc.<br>| 107977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11597810 |
| National HealthCare Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40725 |
| Perrigo Co. PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;214267 |
| Pfizer, Inc.<br>| 238427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10528936 |
| Quest Diagnostics, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4925 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731264 |
| STERIS PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;4274 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882624 |
| Stryker Corp.<br>| &nbsp;&nbsp;16043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4071874 |
| UnitedHealth Group, Inc.<br>| &nbsp;&nbsp;39753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19844300 |
| West Pharmaceutical Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;828406 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;108344187 |
| **Industrials-11.95%** | **Industrials-11.95%** | **Industrials-11.95%** |
| 3M Co.<br>| &nbsp;&nbsp;23418 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2694943 |
| A.O. Smith Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369168 |
| ABM Industries, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130832 |
| Apogee Enterprises, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46137 |
| Applied Industrial Technologies, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245748 |
| Brady Corp., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105871 |
| C.H. Robinson Worldwide, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4828 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483621 |
| Carlisle Cos., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2213 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555153 |
| Caterpillar, Inc.<br>| &nbsp;&nbsp;22201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5601090 |
| Cintas Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4365 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1936925 |
| CSX Corp.<br>| &nbsp;&nbsp;89134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2756023 |
| Cummins, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1499735 |
| Donaldson Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324469 |
| Douglas Dynamics, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41057 |
| Dover Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930262 |
| Eaton Corp. PLC<br>| &nbsp;&nbsp;16932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2746540 |
| Emerson Electric Co.<br>| &nbsp;&nbsp;25091 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2263710 |
| Expeditors International of Washington, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;749263 |
| Fastenal Co.<br>| &nbsp;&nbsp;24428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1234835 |
| Franklin Electric Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178072 |
| GATX Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180488 |
| General Dynamics Corp.<br>| &nbsp;&nbsp;11675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2720976 |
| Gorman-Rupp Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;1157 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33241 |
| Graco, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490128 |
| Griffon Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99665 |
| Healthcare Services Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42175 |
| HEICO Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399510 |
| Hillenbrand, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136597 |
| HNI Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58520 |
| Honeywell International, Inc.<br>| &nbsp;&nbsp;28539 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5949811 |
| Hubbell, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;526493 |
| IDEX Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3183 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;762901 |
| Illinois Tool Works, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;13162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3106759 |
| Insperity, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187382 |
| ITT, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320931 |
| J.B. Hunt Transport Services, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;839949 |
| L3Harris Technologies, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1753576 |
| Lennox International, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411780 |
| Lincoln Electric Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2489 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;415339 |
| Lindsay Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75961 |
| Lockheed Martin Corp.<br>| &nbsp;&nbsp;11127 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5154694 |
| ManpowerGroup, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2214 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192972 |
| Matthews International Corp., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;1388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51412 |
| McGrath RentCorp<br>| &nbsp;&nbsp;&nbsp;&nbsp;1088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108300 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| MDU Resources Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$265826 |
| MSA Safety, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237864 |
| Nordson Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598275 |
| Northrop Grumman Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2901507 |
| Raytheon Technologies Corp.<br>| &nbsp;&nbsp;62689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6259497 |
| Regal Rexnord Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387394 |
| Republic Services, Inc.<br>| &nbsp;&nbsp;13442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1677830 |
| Robert Half International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387224 |
| Rockwell Automation, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;4873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1374332 |
| Ryder System, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2190 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;206758 |
| Snap-on, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567353 |
| Standex International Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61599 |
| Stanley Black & Decker, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;563814 |
| Tennant Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;821 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57577 |
| Toro Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;4477 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499275 |
| Trane Technologies PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;9871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1768094 |
| Trinity Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99918 |
| Union Pacific Corp.<br>| &nbsp;&nbsp;26122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5333851 |
| United Parcel Service, Inc., Class B<br>| &nbsp;&nbsp;31122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5764728 |
| W.W. Grainger, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2176 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1282708 |
| Waste Management, Inc.<br>| &nbsp;&nbsp;17380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2689207 |
| Xylem, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7666 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797341 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82694986 |
| **Information Technology-20.70%** | **Information Technology-20.70%** | **Information Technology-20.70%** |
| Accenture PLC, Class A<br>| &nbsp;&nbsp;26776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7471843 |
| Amphenol Corp., Class A<br>| &nbsp;&nbsp;25238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2013235 |
| Analog Devices, Inc.<br>| &nbsp;&nbsp;21530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3691749 |
| Automatic Data Processing, Inc.<br>| &nbsp;&nbsp;17671 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3990289 |
| Badger Meter, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151365 |
| Broadcom, Inc.<br>| &nbsp;&nbsp;17281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10109558 |
| Broadridge Financial Solutions, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4956 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;745184 |
| Cass Information Systems, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29476 |
| Cisco Systems, Inc.<br>| 174576 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8496614 |
| Corning, Inc.<br>| &nbsp;&nbsp;35947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1244126 |
| HP, Inc.<br>| &nbsp;&nbsp;43906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1279421 |
| International Business Machines Corp.<br>| &nbsp;&nbsp;38558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5194919 |
| Intuit, Inc.<br>| &nbsp;&nbsp;12025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5082607 |
| Jack Henry & Associates, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;3068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;552516 |
| KLA Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;6046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2372934 |
| Littelfuse, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283642 |
| Mastercard, Inc., Class A<br>| &nbsp;&nbsp;40520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15016712 |
| Microchip Technology, Inc.<br>| &nbsp;&nbsp;23441 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1819490 |
| Microsoft Corp.<br>| 110018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27263561 |
| Motorola Solutions, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;7074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1818089 |
| Oracle Corp.<br>| 114553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10133358 |
| Paychex, Inc.<br>| &nbsp;&nbsp;15311 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1773932 |
| QUALCOMM, Inc.<br>| &nbsp;&nbsp;47500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6327475 |
| Roper Technologies, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4541 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1937872 |
| TE Connectivity Ltd.<br>| &nbsp;&nbsp;13616 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1731274 |
| Texas Instruments, Inc.<br>| &nbsp;&nbsp;38523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6826661 |
| Visa, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;69223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15935827 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;143293729 |
| **Materials-3.11%** | **Materials-3.11%** | **Materials-3.11%** |
| Air Products and Chemicals, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3022409 |
| Albemarle Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;4948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1392615 |
| AptarGroup, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;322520 |
| Ashland, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254271 |
| Avery Dennison Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651674 |
| Avient Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156893 |
| Balchem Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187193 |
| Cabot Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181621 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Materials-(continued)** | **Materials-(continued)** | **Materials-(continued)** |
| Celanese Corp.<br>| &nbsp;&nbsp;4649 | &nbsp;&nbsp;&nbsp;&nbsp;$572757 |
| Eastman Chemical Co.<br>| &nbsp;&nbsp;5201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;458572 |
| Ecolab, Inc.<br>| 12066 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1868179 |
| H.B. Fuller Co.<br>| &nbsp;&nbsp;2277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157341 |
| Hawkins, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36348 |
| International Flavors & Fragrances, Inc.<br>| 10817 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1216480 |
| Kaiser Aluminum Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61527 |
| LyondellBasell Industries N.V., Class A<br>| 13903 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1344281 |
| Nucor Corp.<br>| 10822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1829134 |
| Packaging Corp. of America<br>| &nbsp;&nbsp;3995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570086 |
| PPG Industries, Inc.<br>| 10017 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305616 |
| Quaker Chemical Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;156905 |
| Reliance Steel & Aluminum Co.<sup>(b)</sup><br>| &nbsp;&nbsp;2595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590233 |
| Royal Gold, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;2799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355557 |
| RPM International, Inc.<br>| &nbsp;&nbsp;5483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;492976 |
| Scotts Miracle-Gro Co. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;2377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;171596 |
| Sensient Technologies Corp.<br>| &nbsp;&nbsp;1874 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141843 |
| Sherwin-Williams Co. (The)<br>| 11005 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2603673 |
| Silgan Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;4641 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250103 |
| Sonoco Products Co.<br>| &nbsp;&nbsp;4163 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254401 |
| Stepan Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109071 |
| Westlake Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;5430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666532 |
| Worthington Industries, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;2116 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120337 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;21502744 |
| **Real Estate-1.54%** | **Real Estate-1.54%** | **Real Estate-1.54%** |
| Alexandria Real Estate Equities, Inc.<br>| &nbsp;&nbsp;6909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1110553 |
| CubeSmart<sup>(b)</sup><br>| &nbsp;&nbsp;9548 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;437203 |
| Digital Realty Trust, Inc.<br>| 12174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395384 |
| EastGroup Properties, Inc.<br>| &nbsp;&nbsp;1851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311431 |
| Equity LifeStyle Properties, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;7928 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;569072 |
| Essex Property Trust, Inc.<br>| &nbsp;&nbsp;2755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622823 |
| Extra Space Storage, Inc.<br>| &nbsp;&nbsp;5695 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898842 |
| Federal Realty Investment Trust<br>| &nbsp;&nbsp;3424 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381879 |
| Kennedy-Wilson Holdings, Inc.<br>| &nbsp;&nbsp;5867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104902 |
| Mid-America Apartment Communities, Inc.<br>| &nbsp;&nbsp;4873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;812426 |
| National Retail Properties, Inc.<br>| &nbsp;&nbsp;7529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356498 |
| Realty Income Corp.<br>| 26717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1812214 |
| STAG Industrial, Inc.<br>| &nbsp;&nbsp;7623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271379 |
| Terreno Realty Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;3194 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;205789 |
| UDR, Inc.<br>| 13846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;589701 |
| Universal Health Realty Income Trust<br>| &nbsp;&nbsp;&nbsp;&nbsp;609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33379 |
| W.P. Carey, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;8830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;755230 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10668705 |
| **Utilities-5.07%** | **Utilities-5.07%** | **Utilities-5.07%** |
| ALLETE, Inc.<br>| &nbsp;&nbsp;2451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151619 |
| Alliant Energy Corp.<br>| 10638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;574771 |
| American Electric Power Co., Inc.<br>| 21805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2048798 |
| American States Water Co.<br>| &nbsp;&nbsp;1648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155192 |
| American Water Works Co., Inc.<br>| &nbsp;&nbsp;7737 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1210763 |
| Atmos Energy Corp.<br>| &nbsp;&nbsp;5961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700656 |
| Avista Corp.<br>| &nbsp;&nbsp;3072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122573 |
| Black Hills Corp.<br>| &nbsp;&nbsp;2757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;199552 |
| Brookfield Infrastructure Partners L.P. (Canada)<br>| 19408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685879 |
| California Water Service Group<br>| &nbsp;&nbsp;2331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;142587 |
| Chesapeake Utilities Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99477 |
| CMS Energy Corp.<br>| 12298 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777111 |
| Consolidated Edison, Inc.<br>| 15074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1436703 |
| DTE Energy Co.<br>| &nbsp;&nbsp;8269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;962264 |
| Duke Energy Corp.<br>| 32679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3347964 |
| Edison International<br>| 16182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1114940 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Essential Utilities, Inc.<br>| 11138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$520479 |
| Evergy, Inc.<br>| &nbsp;&nbsp;9773 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;612278 |
| Eversource Energy<br>| 14712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211239 |
| IDACORP, Inc.<br>| &nbsp;&nbsp;2162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228761 |
| MGE Energy, Inc.<br>| &nbsp;&nbsp;1612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117853 |
| Middlesex Water Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65662 |
| National Fuel Gas Co.<br>| &nbsp;&nbsp;3894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226086 |
| New Jersey Resources Corp.<br>| &nbsp;&nbsp;4106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204971 |
| NextEra Energy, Inc.<br>| 84378 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6297130 |
| NiSource, Inc.<br>| 17272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;479298 |
| Northwest Natural Holding Co.<br>| &nbsp;&nbsp;1553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77867 |
| NorthWestern Corp.<br>| &nbsp;&nbsp;2410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136888 |
| OGE Energy Corp.<br>| &nbsp;&nbsp;8467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332922 |
| Pinnacle West Capital Corp.<br>| &nbsp;&nbsp;4767 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355380 |
| Portland General Electric Co.<br>| &nbsp;&nbsp;4244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;201929 |
| Public Service Enterprise Group, Inc.<br>| 21234 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315022 |
| Sempra Energy<br>| 13370 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2143612 |
| SJW Group<br>| &nbsp;&nbsp;1349 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104426 |
| Southern Co. (The)<br>| 46271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3131621 |
| Southwest Gas Holdings, Inc.<br>| &nbsp;&nbsp;2806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;187806 |
| Spire, Inc.<br>| &nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162351 |
| UGI Corp.<br>| &nbsp;&nbsp;8872 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;353372 |
| WEC Energy Group, Inc.<br>| 13420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1261346 |
| Xcel Energy, Inc.<br>| 23197 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1595258 |
| York Water Co. (The)<br>| &nbsp;&nbsp;&nbsp;&nbsp;630 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28633 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35083039 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.03%<br>(Cost $583,707,010) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-100.03%<br>(Cost $583,707,010) | &nbsp;&nbsp;692341592 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-3.51%** | **Money Market Funds-3.51%** | **Money Market Funds-3.51%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;6792510 | &nbsp;&nbsp;&nbsp;&nbsp;$6792510 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 17465380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17470619 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $24,263,129) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $24,263,129) | &nbsp;&nbsp;&nbsp;&nbsp;24263129 |
| TOTAL INVESTMENTS IN SECURITIES-103.54%<br>(Cost $607,970,139) | TOTAL INVESTMENTS IN SECURITIES-103.54%<br>(Cost $607,970,139) | &nbsp;&nbsp;716604721 |
| OTHER ASSETS LESS LIABILITIES-(3.54)% | OTHER ASSETS LESS LIABILITIES-(3.54)% | &nbsp;&nbsp;&nbsp;(24507395) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $692097326 |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;$376010 | &nbsp;&nbsp;&nbsp;$15485597 | &nbsp;&nbsp;&nbsp;$(15861607) | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$10660 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4539079 | &nbsp;&nbsp;&nbsp;&nbsp;105802755 | &nbsp;&nbsp;&nbsp;&nbsp;(103549324) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6792510 | &nbsp;&nbsp;&nbsp;&nbsp;162,714\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;10586044 | &nbsp;&nbsp;&nbsp;&nbsp;248539630 | &nbsp;&nbsp;&nbsp;&nbsp;(241665693) | &nbsp;&nbsp;&nbsp;&nbsp;(1) | &nbsp;&nbsp;&nbsp;&nbsp;10639 | &nbsp;&nbsp;&nbsp;&nbsp;17470619 | &nbsp;&nbsp;&nbsp;&nbsp;446,037\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$15501133 | &nbsp;&nbsp;&nbsp;$369827982 | &nbsp;&nbsp;&nbsp;$(361076624) | &nbsp;&nbsp;&nbsp;$(1) | &nbsp;&nbsp;&nbsp;$10639 | &nbsp;&nbsp;&nbsp;$24263129 | &nbsp;&nbsp;&nbsp;$619411 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

The valuation policy and a listing of other significant accounting policies are available in the most recent shareholder report.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<sup>(a)</sup><br>

### Invesco Dow Jones Industrial Average Dividend ETF (DJD)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.96%** | **Common Stocks & Other Equity Interests-99.96%** | **Common Stocks & Other Equity Interests-99.96%** |
| **Communication Services-7.18%** | **Communication Services-7.18%** | **Communication Services-7.18%** |
| Verizon Communications, Inc.<br>| 557471 | &nbsp;&nbsp;$23174070 |
| **Consumer Discretionary-7.63%** | **Consumer Discretionary-7.63%** | **Consumer Discretionary-7.63%** |
| Home Depot, Inc. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;33705 | &nbsp;&nbsp;&nbsp;&nbsp;10926150 |
| McDonald's Corp.<br>| &nbsp;&nbsp;32363 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8653866 |
| NIKE, Inc., Class B<br>| &nbsp;&nbsp;39639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5047234 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;24627250 |
| **Consumer Staples-15.28%** | **Consumer Staples-15.28%** | **Consumer Staples-15.28%** |
| Coca-Cola Co. (The)<sup>(b)</sup><br>| 175579 | &nbsp;&nbsp;&nbsp;&nbsp;10766504 |
| Procter & Gamble Co. (The)<sup>(b)</sup><br>| &nbsp;&nbsp;72595 | &nbsp;&nbsp;&nbsp;&nbsp;10336076 |
| Walgreens Boots Alliance, Inc.<br>| 581101 | &nbsp;&nbsp;&nbsp;&nbsp;21419383 |
| Walmart, Inc.<br>| &nbsp;&nbsp;47368 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6814834 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;49336797 |
| **Energy-4.66%** | **Energy-4.66%** | **Energy-4.66%** |
| Chevron Corp.<br>| &nbsp;&nbsp;86407 | &nbsp;&nbsp;&nbsp;&nbsp;15036546 |
| **Financials-13.75%** | **Financials-13.75%** | **Financials-13.75%** |
| American Express Co.<sup>(b)</sup><br>| &nbsp;&nbsp;33149 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5798754 |
| Goldman Sachs Group, Inc. (The)<br>| &nbsp;&nbsp;34012 | &nbsp;&nbsp;&nbsp;&nbsp;12441930 |
| JPMorgan Chase & Co.<br>| 113509 | &nbsp;&nbsp;&nbsp;&nbsp;15886720 |
| Travelers Cos., Inc. (The)<br>| &nbsp;&nbsp;53784 | &nbsp;&nbsp;&nbsp;&nbsp;10279198 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;44406602 |
| **Health Care-13.37%** | **Health Care-13.37%** | **Health Care-13.37%** |
| Amgen, Inc.<br>| &nbsp;&nbsp;50156 | &nbsp;&nbsp;&nbsp;&nbsp;12659374 |
| Johnson & Johnson<br>| &nbsp;&nbsp;64846 | &nbsp;&nbsp;&nbsp;&nbsp;10597133 |
| Merck & Co., Inc.<br>| 142389 | &nbsp;&nbsp;&nbsp;&nbsp;15294003 |
| UnitedHealth Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;9306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4645462 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;43195972 |
| **Industrials-12.13%** | **Industrials-12.13%** | **Industrials-12.13%** |
| 3M Co.<br>| 149739 | &nbsp;&nbsp;&nbsp;&nbsp;17231964 |
| Caterpillar, Inc.<br>| &nbsp;&nbsp;52773 | &nbsp;&nbsp;&nbsp;&nbsp;13314100 |
| Honeywell International, Inc.<br>| &nbsp;&nbsp;41430 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8637327 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;39183391 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Information Technology-18.28%** | **Information Technology-18.28%** | **Information Technology-18.28%** |
| Apple, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14279 | &nbsp;&nbsp;&nbsp;&nbsp;$2060317 |
| Cisco Systems, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;285728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13906382 |
| Intel Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;559265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15804829 |
| International Business Machines Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;152960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20608301 |
| Microsoft Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3410113 |
| Visa, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14095 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3244810 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59034752 |
| **Materials-7.68%** | **Materials-7.68%** | **Materials-7.68%** |
| Dow, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;418020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24809487 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.96%<br>(Cost $328,289,678) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.96%<br>(Cost $328,289,678) | &nbsp;&nbsp;322804867 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-7.77%** | **Money Market Funds-7.77%** | **Money Market Funds-7.77%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;7023716 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7023716 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 18055842 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18061259 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $25,084,975) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $25,084,975) | &nbsp;&nbsp;&nbsp;&nbsp;25084975 |
| TOTAL INVESTMENTS IN SECURITIES-107.73%<br>(Cost $353,374,653) | TOTAL INVESTMENTS IN SECURITIES-107.73%<br>(Cost $353,374,653) | &nbsp;&nbsp;347889842 |
| OTHER ASSETS LESS LIABILITIES-(7.73)% | OTHER ASSETS LESS LIABILITIES-(7.73)% | &nbsp;&nbsp;&nbsp;(24952407) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $322937435 |

---

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;$109718 | &nbsp;&nbsp;&nbsp;&nbsp;$7581916 | &nbsp;&nbsp;&nbsp;&nbsp;$(7691634) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$4971 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Dow Jones Industrial Average Dividend ETF (DJD)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;$3630562 | &nbsp;&nbsp;&nbsp;$49950315 | &nbsp;&nbsp;&nbsp;$(46557161) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$7023716 | &nbsp;&nbsp;&nbsp;$37,175\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8467759 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81039523 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71446529) | &nbsp;&nbsp;&nbsp;&nbsp;(106) | &nbsp;&nbsp;&nbsp;&nbsp;612 | &nbsp;&nbsp;&nbsp;&nbsp;18061259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92,459\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$12208039 | &nbsp;&nbsp;&nbsp;$138571754 | &nbsp;&nbsp;&nbsp;$(125695324) | &nbsp;&nbsp;&nbsp;$(106) | &nbsp;&nbsp;&nbsp;$612 | &nbsp;&nbsp;&nbsp;$25084975 | &nbsp;&nbsp;&nbsp;$134605 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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.

------

Schedule of Investments<sup>(a)</sup><br>

### Invesco Financial Preferred ETF (PGF)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Preferred Stocks-99.80%** | **Preferred Stocks-99.80%** | **Preferred Stocks-99.80%** |
| **Banks-57.06%** | **Banks-57.06%** | **Banks-57.06%** |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series PP, Pfd., 4.13%<br>| &nbsp;&nbsp;&nbsp;643364 | &nbsp;&nbsp;$12211049 |
| &nbsp;&nbsp;&nbsp;Series QQ, Pfd., 4.25%<br>| &nbsp;&nbsp;&nbsp;878308 | &nbsp;&nbsp;&nbsp;&nbsp;16995260 |
| &nbsp;&nbsp;&nbsp;Series NN, Pfd., 4.38%<br>| &nbsp;&nbsp;&nbsp;773450 | &nbsp;&nbsp;&nbsp;&nbsp;15469000 |
| &nbsp;&nbsp;&nbsp;Series SS, Pfd., 4.75%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;468565 | &nbsp;&nbsp;&nbsp;&nbsp;10191289 |
| &nbsp;&nbsp;&nbsp;Series LL, Pfd., 5.00%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;912199 | &nbsp;&nbsp;&nbsp;&nbsp;20871113 |
| &nbsp;&nbsp;&nbsp;Series KK, Pfd., 5.38%<br>| &nbsp;&nbsp;&nbsp;942938 | &nbsp;&nbsp;&nbsp;&nbsp;22762523 |
| &nbsp;&nbsp;&nbsp;Series HH, Pfd., 5.88%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;571889 | &nbsp;&nbsp;&nbsp;&nbsp;14411603 |
| &nbsp;&nbsp;&nbsp;Series GG, Pfd., 6.00%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;908300 | &nbsp;&nbsp;&nbsp;&nbsp;22834662 |
| Bank OZK, Series A, Pfd., 4.63%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;240613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4511494 |
| Citigroup, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 6.88%<sup>(c)</sup><br>| 1030653 | &nbsp;&nbsp;&nbsp;&nbsp;26281651 |
| &nbsp;&nbsp;&nbsp;Series J, Pfd., 7.13%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;646140 | &nbsp;&nbsp;&nbsp;&nbsp;16437802 |
| Citizens Financial Group, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 5.00%<br>| &nbsp;&nbsp;&nbsp;314340 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6962631 |
| &nbsp;&nbsp;&nbsp;Series D, Pfd., 6.35%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;202211 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5150314 |
| Fifth Third Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 4.95%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;170119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4030119 |
| &nbsp;&nbsp;&nbsp;Series I, Pfd., 6.63%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;310819 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7761150 |
| First Citizens BancShares, Inc., Series A, Pfd., 5.38%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;237193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5194527 |
| First Republic Bank |  |  |
| &nbsp;&nbsp;&nbsp;Series M, Pfd., 4.00%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;512725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9372613 |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 4.13%<br>| &nbsp;&nbsp;&nbsp;349507 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6584712 |
| &nbsp;&nbsp;&nbsp;Series L, Pfd., 4.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;509611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9657128 |
| &nbsp;&nbsp;&nbsp;Series N, Pfd., 4.50%<br>| &nbsp;&nbsp;&nbsp;514001 | &nbsp;&nbsp;&nbsp;&nbsp;10202920 |
| &nbsp;&nbsp;&nbsp;Series J, Pfd., 4.70%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;264606 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5604355 |
| &nbsp;&nbsp;&nbsp;Series I, Pfd., 5.50%<br>| &nbsp;&nbsp;&nbsp;204542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5007188 |
| Huntington Bancshares, Inc., Series H, Pfd., 4.50%<br>| &nbsp;&nbsp;&nbsp;343754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7040082 |
| JPMorgan Chase & Co. |  |  |
| &nbsp;&nbsp;&nbsp;Series MM, Pfd., 4.20%<sup>(b)</sup><br>| 1367243 | &nbsp;&nbsp;&nbsp;&nbsp;27208136 |
| &nbsp;&nbsp;&nbsp;Series JJ, Pfd., 4.55%<sup>(b)</sup><br>| 1037964 | &nbsp;&nbsp;&nbsp;&nbsp;22004837 |
| &nbsp;&nbsp;&nbsp;Series LL, Pfd., 4.63%<sup>(b)</sup><br>| 1260685 | &nbsp;&nbsp;&nbsp;&nbsp;27092121 |
| &nbsp;&nbsp;&nbsp;Series GG, Pfd., 4.75%<br>| &nbsp;&nbsp;&nbsp;617303 | &nbsp;&nbsp;&nbsp;&nbsp;13580666 |
| &nbsp;&nbsp;&nbsp;Series DD, Pfd., 5.75%<sup>(b)</sup><br>| 1162357 | &nbsp;&nbsp;&nbsp;&nbsp;29035678 |
| &nbsp;&nbsp;&nbsp;Series EE, Pfd., 6.00%<sup>(b)</sup><br>| 1262102 | &nbsp;&nbsp;&nbsp;&nbsp;32170980 |
| KeyCorp |  |  |
| &nbsp;&nbsp;&nbsp;Series G, Pfd., 5.63%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;337208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8423456 |
| &nbsp;&nbsp;&nbsp;Series F, Pfd., 5.65%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;310351 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7684291 |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 6.13%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;363286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9456335 |
| &nbsp;&nbsp;&nbsp;Pfd., 6.20%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;345230 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8848245 |
| M&T Bank Corp., Series H, Pfd., 5.63%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;171871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4472083 |
| Regions Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 4.45%<br>| &nbsp;&nbsp;&nbsp;271348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5445954 |
| &nbsp;&nbsp;&nbsp;Series C, Pfd., 5.70%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;350131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8707758 |
| &nbsp;&nbsp;&nbsp;Series B, Pfd., 6.38%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;340261 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8870604 |
| Signature Bank, Series A, Pfd., 5.00%<br>| &nbsp;&nbsp;&nbsp;503257 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9541753 |
| SVB Financial Group, Series A, Pfd., 5.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;240598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5172857 |
| Synovus Financial Corp., Series E, Pfd., 5.88%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;241279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5976481 |
| Texas Capital Bancshares, Inc., Series B, Pfd., 5.75%<br>| &nbsp;&nbsp;&nbsp;206825 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4694927 |
| Truist Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series R, Pfd., 4.75%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;637459 | &nbsp;&nbsp;&nbsp;&nbsp;14151590 |
| &nbsp;&nbsp;&nbsp;Series O, Pfd., 5.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;393965 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9526074 |
| U.S. Bancorp |  |  |
| &nbsp;&nbsp;&nbsp;Series L, Pfd., 3.75%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;378882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6963851 |
| &nbsp;&nbsp;&nbsp;Series M, Pfd., 4.00%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;552271 | &nbsp;&nbsp;&nbsp;&nbsp;10592558 |
| &nbsp;&nbsp;&nbsp;Series O, Pfd., 4.50%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;268758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5789047 |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 5.50%<br>| &nbsp;&nbsp;&nbsp;373235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9304748 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Banks-(continued)** | **Banks-(continued)** | **Banks-(continued)** |
| Washington Federal, Inc., Series A, Pfd., 4.88%<br>| &nbsp;&nbsp;&nbsp;205744 | &nbsp;&nbsp;&nbsp;&nbsp;$4174546 |
| Wells Fargo & Co. |  |  |
| &nbsp;&nbsp;&nbsp;Series DD, Pfd., 4.25%<br>| &nbsp;&nbsp;&nbsp;849722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16578076 |
| &nbsp;&nbsp;&nbsp;Series CC, Pfd., 4.38%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;718582 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14429127 |
| &nbsp;&nbsp;&nbsp;Series AA, Pfd., 4.70%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;794972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17155496 |
| &nbsp;&nbsp;&nbsp;Series Z, Pfd., 4.75%<br>| 1395075 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29617442 |
| &nbsp;&nbsp;&nbsp;Series Y, Pfd., 5.63%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;467660 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11551202 |
| &nbsp;&nbsp;&nbsp;Series Q, Pfd., 5.85%<sup>(c)</sup><br>| 1179784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28810325 |
| &nbsp;&nbsp;&nbsp;Series R, Pfd., 6.63%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;576375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14611106 |
| Western Alliance Bancorporation, Series A, Pfd., 4.25%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;206824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4440511 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;701628046 |
| **Capital Markets-16.35%** | **Capital Markets-16.35%** | **Capital Markets-16.35%** |
| Apollo Asset Management, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series A, Pfd., 6.38%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;195100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4926275 |
| &nbsp;&nbsp;&nbsp;Series B, Pfd., 6.38%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;169482 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4296369 |
| Charles Schwab Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;Series J, Pfd., 4.45%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;411276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8928802 |
| &nbsp;&nbsp;&nbsp;Series D, Pfd., 5.95%<br>| &nbsp;&nbsp;&nbsp;516588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12992188 |
| Goldman Sachs Group, Inc. (The) |  |  |
| &nbsp;&nbsp;&nbsp;Series J, Pfd., 5.50%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;683592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17055620 |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 6.38%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;482212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12479647 |
| Morgan Stanley |  |  |
| &nbsp;&nbsp;&nbsp;Series O, Pfd., 4.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;888726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17721196 |
| &nbsp;&nbsp;&nbsp;Series L, Pfd., 4.88%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;341820 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7964406 |
| &nbsp;&nbsp;&nbsp;Series K, Pfd., 5.85%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;683632 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17193345 |
| &nbsp;&nbsp;&nbsp;Series I, Pfd., 6.38%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;683623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17473404 |
| &nbsp;&nbsp;&nbsp;Series P, Pfd., 6.50%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;689807 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17962574 |
| &nbsp;&nbsp;&nbsp;Series F, Pfd., 6.88%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;581080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14654838 |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 7.13%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;589642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15000492 |
| Northern Trust Corp., Series E, Pfd., 4.70%<br>| &nbsp;&nbsp;&nbsp;275002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6283796 |
| State Street Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series G, Pfd., 5.35%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;347654 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9091152 |
| &nbsp;&nbsp;&nbsp;Series D, Pfd., 5.90%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;511766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13039798 |
| Stifel Financial Corp., Series D, Pfd., 4.50%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;208801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4015243 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;201079145 |
| **Consumer Finance-5.18%** | **Consumer Finance-5.18%** | **Consumer Finance-5.18%** |
| Capital One Financial Corp. |  |  |
| &nbsp;&nbsp;&nbsp;Series N, Pfd., 4.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;289126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5450025 |
| &nbsp;&nbsp;&nbsp;Series L, Pfd., 4.38%<br>| &nbsp;&nbsp;&nbsp;450510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8609246 |
| &nbsp;&nbsp;&nbsp;Series J, Pfd., 4.80%<br>| &nbsp;&nbsp;&nbsp;835602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17380521 |
| &nbsp;&nbsp;&nbsp;Series I, Pfd., 5.00%<br>| 1006721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22037123 |
| Synchrony Financial, Series A, Pfd., 5.63%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;517048 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10242721 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63719636 |
| **Diversified Financial Services-1.77%** | **Diversified Financial Services-1.77%** | **Diversified Financial Services-1.77%** |
| Equitable Holdings, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series C, Pfd., 4.30%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;204222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4019089 |
| &nbsp;&nbsp;&nbsp;Series A, Pfd., 5.25%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;551865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12483186 |
| Voya Financial, Inc., Series B, Pfd., 5.35%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;206824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5211965 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21714240 |
| **Insurance-18.39%** | **Insurance-18.39%** | **Insurance-18.39%** |
| Allstate Corp. (The) |  |  |
| &nbsp;&nbsp;&nbsp;Series I, Pfd., 4.75%<br>| &nbsp;&nbsp;&nbsp;205639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4725584 |
| &nbsp;&nbsp;&nbsp;Series H, Pfd., 5.10%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;792912 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19045746 |
| &nbsp;&nbsp;&nbsp;Series G, Pfd., 5.63%<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;390350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9602610 |
| American Equity Investment Life Holding Co. |  |  |
| &nbsp;&nbsp;&nbsp;Series A, Pfd., 5.95%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;295702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7102762 |
| &nbsp;&nbsp;&nbsp;Series B, Pfd., 6.63%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp;187357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4816949 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco Financial Preferred ETF (PGF)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Insurance-(continued)** | **Insurance-(continued)** | **Insurance-(continued)** |
| American International Group, Inc., Series A, Pfd., 5.85%<sup>(b)</sup><br>| 343754 | &nbsp;&nbsp;&nbsp;&nbsp;$8717601 |
| Arch Capital Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series G, Pfd., 4.55%<sup>(b)</sup><br>| 366497 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7326275 |
| &nbsp;&nbsp;&nbsp;Series F, Pfd., 5.45%<sup>(b)</sup><br>| 206867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4987563 |
| Aspen Insurance Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Pfd., 5.63% (Bermuda)<br>| 185769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4109210 |
| &nbsp;&nbsp;&nbsp;Pfd., 5.63% (Bermuda)<br>| 188141 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4150390 |
| &nbsp;&nbsp;&nbsp;Pfd., 5.95% (Bermuda)<sup>(c)</sup><br>| 182499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4509550 |
| Athene Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series D, Pfd., 4.88%<sup>(b)</sup><br>| 424088 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8486001 |
| &nbsp;&nbsp;&nbsp;Series B, Pfd., 5.63%<sup>(b)</sup><br>| 239279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5618271 |
| &nbsp;&nbsp;&nbsp;Series A, Pfd., 6.35%<sup>(c)</sup><br>| 603253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15364854 |
| &nbsp;&nbsp;&nbsp;Series C, Pfd., 6.38%<sup>(c)</sup><br>| 406174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10377746 |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 7.75%<sup>(c)</sup><br>| 320947 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8469791 |
| AXIS Capital Holdings Ltd., Series E, Pfd., 5.50%<sup>(b)</sup><br>| 378126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8768742 |
| Brighthouse Financial, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series D, Pfd., 4.63%<br>| 238670 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4384368 |
| &nbsp;&nbsp;&nbsp;Series C, Pfd., 5.38%<br>| 404362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8208549 |
| &nbsp;&nbsp;&nbsp;Series A, Pfd., 6.60%<sup>(b)</sup><br>| 295662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7690169 |
| &nbsp;&nbsp;&nbsp;Series B, Pfd., 6.75%<br>| 264987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7011556 |
| Enstar Group Ltd., Series D, Pfd., 7.00%<sup>(b)(c)</sup><br>| 275002 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6608298 |
| Hartford Financial Services Group, Inc. (The), Series G, Pfd., 6.00%<sup>(b)</sup><br>| 237193 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6107720 |
| Lincoln National Corp., Series D, Pfd., 9.00%<sup>(b)</sup><br>| 342911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9858691 |
| MetLife, Inc. |  |  |
| &nbsp;&nbsp;&nbsp;Series F, Pfd., 4.75%<sup>(b)</sup><br>| 681604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15656444 |
| &nbsp;&nbsp;&nbsp;Series E, Pfd., 5.63%<sup>(b)</sup><br>| 555889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13930578 |
| RenaissanceRe Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;Series G, Pfd., 4.20% (Bermuda)<br>| 358788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6522766 |
| &nbsp;&nbsp;&nbsp;Series F, Pfd., 5.75% (Bermuda)<sup>(b)</sup><br>| 161522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3902372 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;226061156 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Thrifts & Mortgage Finance-0.71%** | **Thrifts & Mortgage Finance-0.71%** | **Thrifts & Mortgage Finance-0.71%** |
| New York Community Bancorp, Inc., Series A, Pfd., 6.38%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;354062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$8741791 |
| **Trading Companies & Distributors-0.34%** | **Trading Companies & Distributors-0.34%** | **Trading Companies & Distributors-0.34%** |
| Air Lease Corp., Series A, Pfd., 6.15%<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;171871 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4226308 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.80%<br>(Cost $1,383,935,625) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.80%<br>(Cost $1,383,935,625) | &nbsp;&nbsp;1227170322 |
| **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** |
| **Money Market Funds-4.18%** | **Money Market Funds-4.18%** | **Money Market Funds-4.18%** |
| Invesco Private Government Fund, 4.36%<sup>(d)(e)(f)</sup><br>| 14360873 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14360873 |
| Invesco Private Prime Fund, 4.59%<sup>(d)(e)(f)</sup><br>| 37025662 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37036769 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $51,398,442) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $51,398,442) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51397642 |
| TOTAL INVESTMENTS IN SECURITIES-103.98%<br>(Cost $1,435,334,067) | TOTAL INVESTMENTS IN SECURITIES-103.98%<br>(Cost $1,435,334,067) | &nbsp;&nbsp;1278567964 |
| OTHER ASSETS LESS LIABILITIES-(3.98)% | OTHER ASSETS LESS LIABILITIES-(3.98)% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(48990995) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1229576969 |

---

Investment Abbreviations: <br> Pfd. -Preferred

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate. |
| <sup>(d)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$61237010 | &nbsp;&nbsp;&nbsp;$(61237010) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$32472 |

---

See accompanying notes which are an integral part of this schedule.

------

January 31, 2023

(Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;$7543720 | &nbsp;&nbsp;&nbsp;$124930471 | &nbsp;&nbsp;&nbsp;$(118113318) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$14360873 | &nbsp;&nbsp;&nbsp;$272,681\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;17575099 | &nbsp;&nbsp;&nbsp;&nbsp;307783935 | &nbsp;&nbsp;&nbsp;&nbsp;(288332564) | &nbsp;&nbsp;&nbsp;&nbsp;(3367) | &nbsp;&nbsp;&nbsp;&nbsp;13666 | &nbsp;&nbsp;&nbsp;&nbsp;37036769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746,774\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$25118819 | &nbsp;&nbsp;&nbsp;$493951416 | &nbsp;&nbsp;&nbsp;$(467682892) | &nbsp;&nbsp;&nbsp;$(3367) | &nbsp;&nbsp;&nbsp;$13666 | &nbsp;&nbsp;&nbsp;$51397642 | &nbsp;&nbsp;&nbsp;$1051927 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(f)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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.

------

Schedule of Investments<sup>(a)</sup><br>

### Invesco High Yield Equity Dividend Achievers<sup>TM</sup> ETF (PEY)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** |
| **Banks-10.42%** | **Banks-10.42%** | **Banks-10.42%** |
| Associated Banc-Corp<sup>(b)</sup><br>| 1059112 | &nbsp;&nbsp;$23734700 |
| Huntington Bancshares, Inc.<br>| 2046937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31052034 |
| Northwest Bancshares, Inc.<br>| 2708206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38294033 |
| Premier Financial Corp.<sup>(b)</sup><br>| 1113263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27853840 |
| United Bankshares, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;618222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24852525 |
| WesBanco, Inc.<br>| &nbsp;&nbsp;&nbsp;652987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24271527 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;170058659 |
| **Biotechnology-1.16%** | **Biotechnology-1.16%** | **Biotechnology-1.16%** |
| Amgen, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;74723 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18860085 |
| **Capital Markets-2.44%** | **Capital Markets-2.44%** | **Capital Markets-2.44%** |
| Franklin Resources, Inc.<sup>(b)</sup><br>| 1277323 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39852478 |
| **Chemicals-3.05%** | **Chemicals-3.05%** | **Chemicals-3.05%** |
| LyondellBasell Industries N.V., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;514722 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49768470 |
| **Commercial Services & Supplies-2.86%** | **Commercial Services & Supplies-2.86%** | **Commercial Services & Supplies-2.86%** |
| Healthcare Services Group, Inc.<sup>(b)</sup><br>| 3466401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46692422 |
| **Construction & Engineering-1.31%** | **Construction & Engineering-1.31%** | **Construction & Engineering-1.31%** |
| MDU Resources Group, Inc.<br>| &nbsp;&nbsp;&nbsp;693913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21448851 |
| **Containers & Packaging-1.51%** | **Containers & Packaging-1.51%** | **Containers & Packaging-1.51%** |
| Sonoco Products Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;403413 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24652568 |
| **Diversified Telecommunication Services-3.41%** | **Diversified Telecommunication Services-3.41%** | **Diversified Telecommunication Services-3.41%** |
| Verizon Communications, Inc.<br>| 1339725 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55692368 |
| **Electric Utilities-11.73%** | **Electric Utilities-11.73%** | **Electric Utilities-11.73%** |
| ALLETE, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;468729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28995576 |
| Duke Energy Corp.<br>| &nbsp;&nbsp;&nbsp;315354 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32308018 |
| Edison International<br>| &nbsp;&nbsp;&nbsp;498709 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34361050 |
| OGE Energy Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;794432 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31237066 |
| Pinnacle West Capital Corp.<br>| &nbsp;&nbsp;&nbsp;440484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32838082 |
| Southern Co. (The)<br>| &nbsp;&nbsp;&nbsp;467025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31608252 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;191348044 |
| **Food & Staples Retailing-1.99%** | **Food & Staples Retailing-1.99%** | **Food & Staples Retailing-1.99%** |
| Walgreens Boots Alliance, Inc.<br>| &nbsp;&nbsp;&nbsp;879711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32426147 |
| **Food Products-1.46%** | **Food Products-1.46%** | **Food Products-1.46%** |
| Kellogg Co.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;347398 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23824555 |
| **Gas Utilities-5.44%** | **Gas Utilities-5.44%** | **Gas Utilities-5.44%** |
| Northwest Natural Holding Co.<br>| &nbsp;&nbsp;&nbsp;608530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30511694 |
| Spire, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;394580 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28496568 |
| UGI Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;745592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29696929 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88705191 |
| **Health Care Providers & Services-2.85%** | **Health Care Providers & Services-2.85%** | **Health Care Providers & Services-2.85%** |
| Cardinal Health, Inc.<br>| &nbsp;&nbsp;&nbsp;242556 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18737451 |
| National HealthCare Corp.<br>| &nbsp;&nbsp;&nbsp;465601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27721884 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46459335 |
| **Household Durables-2.40%** | **Household Durables-2.40%** | **Household Durables-2.40%** |
| Leggett & Platt, Inc.<sup>(b)</sup><br>| 1073297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39239738 |
| **Household Products-3.07%** | **Household Products-3.07%** | **Household Products-3.07%** |
| Clorox Co. (The)<br>| &nbsp;&nbsp;&nbsp;167599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24249899 |
| Kimberly-Clark Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;198385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25792034 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50041933 |
| **Industrial Conglomerates-2.10%** | **Industrial Conglomerates-2.10%** | **Industrial Conglomerates-2.10%** |
| 3M Co.<br>| &nbsp;&nbsp;&nbsp;297202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34202006 |
| **Insurance-9.20%** | **Insurance-9.20%** | **Insurance-9.20%** |
| Fidelity National Financial, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;854945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37643228 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Insurance-(continued)** | **Insurance-(continued)** | **Insurance-(continued)** |
| Old Republic International Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1199432 | &nbsp;&nbsp;&nbsp;&nbsp;$31653011 |
| Principal Financial Group, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23257075 |
| Prudential Financial, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325259 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34132679 |
| Unum Group<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;559153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23501201 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150187194 |
| **IT Services-1.94%** | **IT Services-1.94%** | **IT Services-1.94%** |
| International Business Machines Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31684858 |
| **Multi-Utilities-5.54%** | **Multi-Utilities-5.54%** | **Multi-Utilities-5.54%** |
| Avista Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32608155 |
| Consolidated Edison, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;259627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24745050 |
| NorthWestern Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582054 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33060667 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90413872 |
| **Oil, Gas & Consumable Fuels-3.04%** | **Oil, Gas & Consumable Fuels-3.04%** | **Oil, Gas & Consumable Fuels-3.04%** |
| Chevron Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133692 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23265082 |
| Exxon Mobil Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;226558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26282993 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49548075 |
| **Personal Products-1.84%** | **Personal Products-1.84%** | **Personal Products-1.84%** |
| Nu Skin Enterprises, Inc., Class A<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700335 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30030365 |
| **Pharmaceuticals-2.54%** | **Pharmaceuticals-2.54%** | **Pharmaceuticals-2.54%** |
| Merck & Co., Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19317259 |
| Pfizer, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22203780 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41521039 |
| **Real Estate Management & Development-2.87%** | **Real Estate Management & Development-2.87%** | **Real Estate Management & Development-2.87%** |
| Kennedy-Wilson Holdings, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2622617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46892392 |
| **Textiles, Apparel & Luxury Goods-2.79%** | **Textiles, Apparel & Luxury Goods-2.79%** | **Textiles, Apparel & Luxury Goods-2.79%** |
| VF Corp.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1469272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45459276 |
| **Tobacco-8.78%** | **Tobacco-8.78%** | **Tobacco-8.78%** |
| Altria Group, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1327479 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59789654 |
| Philip Morris International, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41682241 |
| Universal Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;767344 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41720493 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143192388 |
| **Wireless Telecommunication Services-4.17%** | **Wireless Telecommunication Services-4.17%** | **Wireless Telecommunication Services-4.17%** |
| Telephone & Data Systems, Inc.<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;5093292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68097314 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.91%<br>(Cost $1,567,088,185) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.91%<br>(Cost $1,567,088,185) | &nbsp;&nbsp;1630299623 |
| **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** | **Investments Purchased with Cash Collateral<br> from Securities on Loan** |
| **Money Market Funds-8.99%** | **Money Market Funds-8.99%** | **Money Market Funds-8.99%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;41048447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41048447 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 105588865 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105620541 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $146,666,356) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $146,666,356) | &nbsp;&nbsp;&nbsp;&nbsp;146668988 |
| TOTAL INVESTMENTS IN SECURITIES-108.90%<br>(Cost $1,713,754,541) | TOTAL INVESTMENTS IN SECURITIES-108.90%<br>(Cost $1,713,754,541) | &nbsp;&nbsp;1776968611 |
| OTHER ASSETS LESS LIABILITIES-(8.90)% | OTHER ASSETS LESS LIABILITIES-(8.90)% | &nbsp;&nbsp;&nbsp;&nbsp;(145251201) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1631717410 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco High Yield Equity Dividend Achievers<sup>TM</sup> ETF (PEY)—(continued)<br>
January 31, 2023

(Unaudited)

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor's. |
| <sup>(b)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$39807988 | &nbsp;&nbsp;&nbsp;&nbsp;$(39807988) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$15360 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32170853 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355621846 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(346744252) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41048447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;716,658\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75046247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720893043 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(690360445) | &nbsp;&nbsp;&nbsp;&nbsp;(726) | &nbsp;&nbsp;&nbsp;&nbsp;42422 | &nbsp;&nbsp;&nbsp;&nbsp;105620541 | &nbsp;&nbsp;&nbsp;&nbsp;1,972,015\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$107217100 | &nbsp;&nbsp;&nbsp;$1116322877 | &nbsp;&nbsp;&nbsp;$(1076912685) | &nbsp;&nbsp;&nbsp;$(726) | &nbsp;&nbsp;&nbsp;$42422 | &nbsp;&nbsp;&nbsp;$146668988 | &nbsp;&nbsp;&nbsp;$2704033 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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.

------

Schedule of Investments<br>

### Invesco International Dividend Achievers<sup>TM</sup> ETF (PID)
January 31, 2023

(Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** |
| **Australia-4.45%** | **Australia-4.45%** | **Australia-4.45%** |
| Rio Tinto PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;569972 | &nbsp;&nbsp;$45227278 |
| **Brazil-4.11%** | **Brazil-4.11%** | **Brazil-4.11%** |
| Banco Santander Brasil S.A., ADR<sup>(a)</sup><br>| 7340685 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41695091 |
| **Canada-54.51%** | **Canada-54.51%** | **Canada-54.51%** |
| Agnico Eagle Mines Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;431103 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24348697 |
| Algonquin Power & Utilities Corp.<sup>(a)</sup><br>| 5182415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37831629 |
| BCE, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;821191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38842334 |
| Brookfield Corp.<br>| &nbsp;&nbsp;&nbsp;171754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6389249 |
| Brookfield Infrastructure Partners L.P.<br>| &nbsp;&nbsp;&nbsp;699744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24728953 |
| Brookfield Renewable Partners L.P.<br>| 1092228 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31838446 |
| Canadian Imperial Bank of Commerce<br>| &nbsp;&nbsp;&nbsp;741929 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33846801 |
| Canadian National Railway Co.<br>| &nbsp;&nbsp;&nbsp;&nbsp;90742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10806465 |
| Canadian Natural Resources Ltd.<br>| &nbsp;&nbsp;&nbsp;422256 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25943409 |
| Canadian Pacific Railway Ltd.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;59557 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4699047 |
| Enbridge, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;947644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38824975 |
| FirstService Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;32239 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4606953 |
| Fortis, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;703720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28958078 |
| Franco-Nevada Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;40179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5894259 |
| Imperial Oil Ltd.<br>| &nbsp;&nbsp;&nbsp;210366 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11519642 |
| Magna International, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;324453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21069978 |
| Open Text Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;717170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24061054 |
| Restaurant Brands International, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;333851 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22344647 |
| Ritchie Bros. Auctioneers, Inc.<br>| &nbsp;&nbsp;&nbsp;236450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14298132 |
| Royal Bank of Canada<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;262862 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26906554 |
| Stantec, Inc.<br>| &nbsp;&nbsp;&nbsp;151752 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7915384 |
| TC Energy Corp.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;879754 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37952588 |
| TELUS Corp.<sup>(a)</sup><br>| 1563201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33686982 |
| TFI International, Inc.<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;62437 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6949238 |
| Toronto-Dominion Bank (The)<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;421080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29147158 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;553410652 |
| **France-2.81%** | **France-2.81%** | **France-2.81%** |
| Sanofi, ADR<br>| &nbsp;&nbsp;&nbsp;580534 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28527441 |
| **Germany-5.01%** | **Germany-5.01%** | **Germany-5.01%** |
| Fresenius Medical Care AG & Co. KGaA, ADR<br>| 1982780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37137470 |
| SAP SE, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;115559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13697208 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50834678 |
| **India-1.41%** | **India-1.41%** | **India-1.41%** |
| Infosys Ltd., ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;666607 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12532211 |
| Reliance Industries Ltd., GDR<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;31522 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1806211 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14338422 |
| **Ireland-2.33%** | **Ireland-2.33%** | **Ireland-2.33%** |
| CRH PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;501703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23620177 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| **Japan-4.58%** | **Japan-4.58%** | **Japan-4.58%** |
| Sony Group Corp., ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4634565 |
| Sumitomo Mitsui Financial Group, Inc., ADR<br>| &nbsp;&nbsp;&nbsp;&nbsp;4782512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41894805 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46529370 |
| **Mexico-1.56%** | **Mexico-1.56%** | **Mexico-1.56%** |
| America Movil S.A.B. de C.V., Class L, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;757794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15860628 |
| **Spain-3.79%** | **Spain-3.79%** | **Spain-3.79%** |
| Atlantica Sustainable Infrastructure PLC<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;1402207 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38448516 |
| **Switzerland-3.57%** | **Switzerland-3.57%** | **Switzerland-3.57%** |
| Logitech International S.A., Class R<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10535493 |
| Novartis AG, ADR<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25674006 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36209499 |
| **United Kingdom-9.68%** | **United Kingdom-9.68%** | **United Kingdom-9.68%** |
| Diageo PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71188 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12589598 |
| Linde PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27536 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9112764 |
| National Grid PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35841864 |
| RELX PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;537911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15981336 |
| Unilever PLC, ADR<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24745175 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98270737 |
| **United States-2.13%** | **United States-2.13%** | **United States-2.13%** |
| Amdocs Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12265209 |
| Willis Towers Watson PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36786 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9350633 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21615842 |
| TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.94%<br>(Cost $944,392,079) | TOTAL INVESTMENTS IN SECURITIES<br>(excluding investments purchased with cash collateral from securities on loan)-99.94%<br>(Cost $944,392,079) | &nbsp;&nbsp;1014588331 |
| **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** | **Investments Purchased with Cash Collateral from Securities on Loan** |
| **Money Market Funds-31.71%** | **Money Market Funds-31.71%** | **Money Market Funds-31.71%** |
| Invesco Private Government Fund, 4.36%<sup>(c)(d)(e)</sup><br>| &nbsp;&nbsp;84589481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84589481 |
| Invesco Private Prime Fund, 4.59%<sup>(c)(d)(e)</sup><br>| 237288119 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237359302 |
| &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $321,942,902) | &nbsp;&nbsp;&nbsp;Total Investments Purchased with Cash Collateral from Securities on Loan<br>(Cost $321,942,902) | &nbsp;&nbsp;&nbsp;&nbsp;321948783 |
| TOTAL INVESTMENTS IN SECURITIES-131.65%<br>(Cost $1,266,334,981) | TOTAL INVESTMENTS IN SECURITIES-131.65%<br>(Cost $1,266,334,981) | &nbsp;&nbsp;1336537114 |
| OTHER ASSETS LESS LIABILITIES-(31.65)% | OTHER ASSETS LESS LIABILITIES-(31.65)% | &nbsp;&nbsp;&nbsp;&nbsp;(321316141) |
| NET ASSETS-100.00% | NET ASSETS-100.00% | $1015220973 |

---

See accompanying notes which are an integral part of this schedule.

------

### Invesco International Dividend Achievers<sup>TM</sup> ETF (PID)—(continued)<br>
January 31, 2023

(Unaudited)

Investment Abbreviations: <br> ADR-American Depositary Receipt <br> GDR-Global Depositary Receipt

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | All or a portion of this security was out on loan at January 31, 2023. |
| <sup>(b)</sup> | 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 value of this security at January 31, 2023 represented less than 1% of the Fund's Net Assets. |
| <sup>(c)</sup> | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended January 31, 2023. |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Value<br> April 30, 2022** | &nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation<br> (Depreciation)** | &nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;**Value<br> January 31, 2023** | &nbsp;&nbsp;&nbsp;**Dividend<br> Income** |
| &nbsp;&nbsp;**Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$26768667 | &nbsp;&nbsp;&nbsp;&nbsp;$(26768667) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$9660 |
| &nbsp;&nbsp;**Investments Purchased with Cash Collateral from Securities on Loan:** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;Invesco Private Government Fund | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62607584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;444171049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(422189152) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84589481 | &nbsp;&nbsp;&nbsp;&nbsp;1,271,618\* |
| &nbsp;&nbsp;Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp;&nbsp;146030600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;909774282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(818497705) | &nbsp;&nbsp;&nbsp;&nbsp;(8537) | &nbsp;&nbsp;&nbsp;&nbsp;60662 | &nbsp;&nbsp;&nbsp;&nbsp;237359302 | &nbsp;&nbsp;&nbsp;&nbsp;3,531,044\* |
| &nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;$208638184 | &nbsp;&nbsp;&nbsp;$1380713998 | &nbsp;&nbsp;&nbsp;$(1267455524) | &nbsp;&nbsp;&nbsp;$(8537) | &nbsp;&nbsp;&nbsp;$60662 | &nbsp;&nbsp;&nbsp;$321948783 | &nbsp;&nbsp;&nbsp;$4812322 |

---

\* Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any.

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of January 31, 2023. <br> <sup>(e)</sup> The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower's return of the securities loaned.

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.

------

### Notes to Quarterly Schedules of Portfolio Holdings
January 31, 2023

(Unaudited)

#### NOTE 1—Additional Valuation Information
Generally Accepted Accounting Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets (Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered into one of three levels. Changes in valuation methods may result in transfers in or out of an investment's assigned level:

Level 1 — Prices are determined using quoted prices in an active market for identical assets.

Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.

Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC'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 January 31, 2023. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Invesco BuyBack Achievers<sup>TM</sup> ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$1102880084 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1102880084 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1671184 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92511472 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94182656 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1104551268 | &nbsp;&nbsp;&nbsp;$92511472 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1197062740 |
| &nbsp;&nbsp;Invesco Dividend Achievers<sup>TM</sup> ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$692341592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$692341592 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24263129 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24263129 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$692341592 | &nbsp;&nbsp;&nbsp;$24263129 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$716604721 |
| &nbsp;&nbsp;Invesco Dow Jones Industrial Average Dividend ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$322804867 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$322804867 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25084975 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25084975 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$322804867 | &nbsp;&nbsp;&nbsp;$25084975 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$347889842 |
| &nbsp;&nbsp;Invesco Financial Preferred ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Preferred Stocks | &nbsp;&nbsp;&nbsp;$1227170322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1227170322 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51397642 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51397642 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1227170322 | &nbsp;&nbsp;&nbsp;$51397642 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1278567964 |
| &nbsp;&nbsp;Invesco High Yield Equity Dividend Achievers<sup>TM</sup> ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$1630299623 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1630299623 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;146668988 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146668988 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1630299623 | &nbsp;&nbsp;&nbsp;$146668988 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1776968611 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;**Total** |
| &nbsp;&nbsp;Invesco International Dividend Achievers<sup>TM</sup> ETF |  |  |  |  |
| &nbsp;&nbsp;**Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp;$1014588331 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1014588331 |
| &nbsp;&nbsp;&nbsp;Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;321948783 | &nbsp;&nbsp;&nbsp;&nbsp;- | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;321948783 |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;$1014588331 | &nbsp;&nbsp;&nbsp;$321948783 | &nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;$1336537114 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-21265

- **c. CIK number of Registrant:** 0001209466

- **d. LEI of Registrant:** QPT4TMG79RF3UWNU0R52

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

**Item A.2. Information about the Series.**

- **a. Name of Series:** Invesco Dividend AchieversTM ETF

- **b. EDGAR series identifier (if any):** S000003037

- **c. LEI of Series:** 5493000LQ1LMTPGQ5H25

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $717171185.03

**Total Liabilities:** $25073859.30

**Net Assets:** $692097325.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008304 | 6.44%                | -3.41%               | 2.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $42584406.24                               |
| Month 2  | $1692903.14              | $-27721956.74                              |
| Month 3  | $10462536.27             | $5719969.87                                |

### Schedule of Portfolio Investments

| Name                                         | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Brown & Brown, Inc.                          | Brown & Brown, Inc.                          | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     12044 | NS      | $705296.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                       | Independent Bank Corp.                       | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      1954 | NS      | $155714.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                     | Trinity Industries, Inc.                     | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |      3473 | NS      | $99918.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Oracle Corp.                                 | Oracle Corp.                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    114553 | NS      | $10133358.38  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Walgreens Boots Alliance, Inc.               | Walgreens Boots Alliance, Inc.               | CUSIP: 931427108<br>LEI: 549300RPTUOIXG4LIH86 | Long             | EC               | CORP              | US        |     36699 | NS      | $1352725.14   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. PLC                              | Eaton Corp. PLC                              | CUSIP: G29183103<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     16932 | NS      | $2746539.72   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp.                                    | RLI Corp.                                    | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |      1931 | NS      | $255760.95    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp.                   | Chesapeake Utilities Corp.                   | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |       789 | NS      | $99477.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                   | Archer-Daniels-Midland Co.                   | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     23146 | NS      | $1917646.10   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesbanco, Inc.                               | Wesbanco, Inc.                               | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2590 | NS      | $96270.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics, Inc.                       | Douglas Dynamics, Inc.                       | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |      1016 | NS      | $41056.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Pool Corp.                                   | Pool Corp.                                   | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      1765 | NS      | $680601.65    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Exxon Mobil Corp.                            | Exxon Mobil Corp.                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    174977 | NS      | $20299081.77  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                    | CubeSmart                                    | CUSIP: 229663109<br>LEI: 549300MPHKO3I3FJRA97 | Long             | EC               | CORP              | US        |      9548 | NS      | $437202.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Expeditors International of Washington, Inc. | Expeditors International of Washington, Inc. | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      6928 | NS      | $749263.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc.                                 | Walmart Inc.                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    116714 | NS      | $16791643.18  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                               | CME Group Inc., Class A                      | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     15290 | NS      | $2701131.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion Inc.                               | Ingredion Inc.                               | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      2794 | NS      | $287223.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Management, Inc.                       | Waste Management, Inc.                       | CUSIP: 94106L109<br>LEI: 549300YX8JIID70NFS41 | Long             | EC               | CORP              | US        |     17380 | NS      | $2689207.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                             | OGE Energy Corp.                             | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      8467 | NS      | $332922.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology Inc.                    | Microchip Technology Inc.                    | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |     23441 | NS      | $1819490.42   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                               | Amphenol Corp., Class A                      | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     25238 | NS      | $2013235.26   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Bancorp, Inc.                       | Lakeland Bancorp, Inc.                       | CUSIP: 511637100<br>LEI: 549300NF90LR9ETZDR73 | Long             | EC               | CORP              | US        |      2795 | NS      | $53859.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                   | Chubb Ltd.                                   | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     17705 | NS      | $4027710.45   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp.                                | Balchem Corp.                                | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      1433 | NS      | $187192.79    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc.                                 | Polaris Inc.                                 | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |      2562 | NS      | $294220.08    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Huntington Bancshares Inc.                   | Huntington Bancshares Inc.                   | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |     61272 | NS      | $929496.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co.                              | SpartanNash Co.                              | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      1602 | NS      | $50751.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                                 | Gentex Corp.                                 | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     10023 | NS      | $295778.73    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.            | Equity LifeStyle Properties, Inc.            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |      7928 | NS      | $569071.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| New Jersey Resources Corp.                   | New Jersey Resources Corp.                   | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |      4106 | NS      | $204971.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos. Inc.                           | Carlisle Cos. Inc.                           | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2213 | NS      | $555153.18    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                          | Flowers Foods, Inc.                          | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |      8986 | NS      | $248822.34    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tootsie Roll Industries, Inc.                | Tootsie Roll Industries, Inc.                | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |      1793 | NS      | $80200.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Xylem Inc.                                   | Xylem Inc.                                   | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      7666 | NS      | $797340.66    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                   | Essex Property Trust, Inc.                   | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      2755 | NS      | $622822.85    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co.                | Northwest Natural Holding Co.                | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |      1553 | NS      | $77867.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares, Inc.                   | Northwest Bancshares, Inc.                   | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5356 | NS      | $75733.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp.                  | Standex International Corp.                  | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |       533 | NS      | $61598.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                       | Northrop Grumman Corp.                       | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      6476 | NS      | $2901507.04   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                    | KLA Corp.                                    | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      6046 | NS      | $2372934.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.      | Mid-America Apartment Communities, Inc.      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |      4873 | NS      | $812426.56    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust         | Universal Health Realty Income Trust         | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |       609 | NS      | $33379.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Financial Institutions, Inc.                 | Financial Institutions, Inc.                 | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       667 | NS      | $16481.57     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Bristol-Myers Squibb Co.                     | Bristol-Myers Squibb Co.                     | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     90652 | NS      | $6585867.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Atrion Corp.                                 | Atrion Corp.                                 | CUSIP: 049904105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |        79 | NS      | $54296.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Stryker Corp.                                | Stryker Corp.                                | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     16043 | NS      | $4071873.83   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| J. M. Smucker Co. (The)                      | J. M. Smucker Co. (The)                      | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |      4565 | NS      | $697532.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                 | Cummins Inc.                                 | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      6010 | NS      | $1499735.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc.                                  | Intuit Inc.                                  | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     12025 | NS      | $5082606.75   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.        | International Business Machines Corp.        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     38558 | NS      | $5194919.34   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                              | BlackRock, Inc.                              | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      6445 | NS      | $4893108.45   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                     | Bank OZK                                     | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |      5001 | NS      | $228395.67    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins, Inc.                                | Hawkins, Inc.                                | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |       932 | NS      | $36348.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| W.P. Carey Inc.                              | W.P. Carey Inc.                              | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |      8830 | NS      | $755229.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Fidelity National Financial, Inc.            | Fidelity National Financial, Inc.            | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     11767 | NS      | $518101.01    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp.                                | Lindsay Corp.                                | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |       485 | NS      | $75960.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                      | Republic Services, Inc.                      | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     13442 | NS      | $1677830.44   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. Robinson Worldwide, Inc.                | C.H. Robinson Worldwide, Inc.                | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      4828 | NS      | $483620.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Washington Federal, Inc.                     | Washington Federal, Inc.                     | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2753 | NS      | $97621.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp.                                | Moody's Corp.                                | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |      7813 | NS      | $2521645.75   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.              | Automatic Data Processing, Inc.              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     17671 | NS      | $3990288.51   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                         | NextEra Energy, Inc.                         | CUSIP: 65339F101<br>LEI: TWQ1WATU9P8ZBX9T3I54 | Long             | EC               | CORP              | US        |     84378 | NS      | $6297130.14   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp, Inc.              | Southern Missouri Bancorp, Inc.              | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       411 | NS      | $19900.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Jack Henry & Associates, Inc.                | Jack Henry & Associates, Inc.                | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |      3068 | NS      | $552516.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| UGI Corp.                                    | UGI Corp.                                    | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |      8872 | NS      | $353371.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc.                                 | Snap-on Inc.                                 | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      2281 | NS      | $567353.13    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Republic Bancorp, Inc.                       | Republic Bancorp, Inc., Class A              | CUSIP: 760281204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       788 | NS      | $35444.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Kroger Co. (The)                             | Kroger Co. (The)                             | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     30437 | NS      | $1358403.31   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp. (The)                         | Allstate Corp. (The)                         | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     11195 | NS      | $1438221.65   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                   | Digital Realty Trust, Inc.                   | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     12174 | NS      | $1395383.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                         | Edison International                         | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     16182 | NS      | $1114939.80   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    111307 | NS      | $18189789.94  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                            | Merck & Co., Inc.                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    107977 | NS      | $11597809.57  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc.                              | Mastercard Inc., Class A                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     40520 | NS      | $15016712.00  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co.                               | DTE Energy Co.                               | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      8269 | NS      | $962263.53    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                           | Hormel Foods Corp.                           | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     23155 | NS      | $1049153.05   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                  | Pfizer Inc.                                  | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    238427 | NS      | $10528936.32  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                             | McGrath RentCorp                             | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      1088 | NS      | $108299.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares, Inc.                   | Southside Bancshares, Inc.                   | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |      1424 | NS      | $53941.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Eastgroup Properties, Inc.                   | Eastgroup Properties, Inc.                   | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |      1851 | NS      | $311430.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp.                              | Universal Corp.                              | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |      1089 | NS      | $59208.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First of Long Island Corp. (The)             | First of Long Island Corp. (The)             | CUSIP: 320734106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1005 | NS      | $17748.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp.                           | Atmos Energy Corp.                           | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |      5961 | NS      | $700655.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust              | Federal Realty Investment Trust              | CUSIP: 313745101<br>LEI: 549300LI6XZ51GOCJ427 | Long             | EC               | CORP              | US        |      3424 | NS      | $381878.72    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                        | Assured Guaranty Ltd.                        | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |      2668 | NS      | $167016.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Becton, Dickinson and Co.                    | Becton, Dickinson and Co.                    | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     12075 | NS      | $3045556.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp.                                  | Nucor Corp.                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     10822 | NS      | $1829134.44   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                   | Prudential Financial, Inc.                   | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     15758 | NS      | $1653644.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE, Inc.                                 | ALLETE, Inc.                                 | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |      2451 | NS      | $151618.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                  | United Parcel Service, Inc., Class B         | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     31122 | NS      | $5764728.06   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co.                            | Genuine Parts Co.                            | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      6029 | NS      | $1011786.78   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar, Inc.                            | Morningstar, Inc.                            | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      1893 | NS      | $459771.84    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Raymond James Financial, Inc.                | Raymond James Financial, Inc.                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      9164 | NS      | $1033424.28   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant, Inc.                               | Assurant, Inc.                               | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      2280 | NS      | $302305.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc.                              | Globe Life Inc.                              | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |      4160 | NS      | $502736.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp.                    | National HealthCare Corp.                    | CUSIP: 635906100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       684 | NS      | $40725.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp.                                   | GATX Corp.                                   | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      1577 | NS      | $180487.65    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Home Depot, Inc. (The)                       | Home Depot, Inc. (The)                       | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     43335 | NS      | $14047906.95  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group, Inc.              | Healthcare Services Group, Inc.              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |      3131 | NS      | $42174.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp.                                  | Brady Corp., Class A                         | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |      1980 | NS      | $105870.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Co., Inc.                        | McCormick & Co., Inc.                        | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     10618 | NS      | $797624.16    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp.                      | J & J Snack Foods Corp.                      | CUSIP: 466032109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       854 | NS      | $122378.20    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Griffon Corp.                                | Griffon Corp.                                | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      2438 | NS      | $99665.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group               | California Water Service Group               | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |      2331 | NS      | $142587.27    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                    | UDR, Inc.                                    | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     13846 | NS      | $589701.14    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares, Inc.                      | United Bankshares, Inc.                      | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |      5731 | NS      | $230386.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                       | Trane Technologies PLC                       | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      9871 | NS      | $1768093.52   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co.                          | Middlesex Water Co.                          | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       783 | NS      | $65662.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co., Inc.               | American Water Works Co., Inc.               | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      7737 | NS      | $1210763.13   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                       | Lincoln National Corp.                       | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |      7223 | NS      | $255910.89    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Financial Corp.                      | Premier Financial Corp.                      | CUSIP: 74052F108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1568 | NS      | $39231.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.             | Old Republic International Corp.             | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     13131 | NS      | $346527.09    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)     | PNC Financial Services Group, Inc. (The)     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     17058 | NS      | $2821904.94   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corp.                   | Cincinnati Financial Corp.                   | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      6733 | NS      | $761838.95    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| W.W. Grainger, Inc.                          | W.W. Grainger, Inc.                          | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      2176 | NS      | $1282708.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos., Inc. (The)                   | Travelers Cos., Inc. (The)                   | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      9967 | NS      | $1904893.04   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp.                          | Regal Rexnord Corp.                          | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      2783 | NS      | $387393.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                    | Church & Dwight Co., Inc.                    | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     10282 | NS      | $831402.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NorthWestern Corp.                           | NorthWestern Corp.                           | CUSIP: 668074305<br>LEI: 3BPWMBHR1R9SHUN7J795 | Long             | EC               | CORP              | US        |      2410 | NS      | $136888.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                           | Altria Group, Inc.                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     76526 | NS      | $3446731.04   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PetMed Express, Inc.                         | PetMed Express, Inc.                         | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |       935 | NS      | $20083.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Ensign Group, Inc. (The)                     | Ensign Group, Inc. (The)                     | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      2369 | NS      | $220909.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp                        | Bank of Marin Bancorp                        | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       707 | NS      | $21542.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SJW Group                                    | SJW Group                                    | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1349 | NS      | $104426.09    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennox International Inc.                    | Lennox International Inc.                    | CUSIP: 526107107<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | EC               | CORP              | US        |      1580 | NS      | $411779.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| General Dynamics Corp.                       | General Dynamics Corp.                       | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     11675 | NS      | $2720975.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp.                                    | HNI Corp.                                    | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |      1842 | NS      | $58520.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Sysco Corp.                                  | Sysco Corp.                                  | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |     21466 | NS      | $1662756.36   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                    | MarketAxess Holdings Inc.                    | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      1678 | NS      | $610540.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Skin Enterprises, Inc.                    | Nu Skin Enterprises, Inc., Class A           | CUSIP: 67018T105<br>LEI: 54930050DETB6CP71D38 | Long             | EC               | CORP              | US        |      2154 | NS      | $92363.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                          | UMB Financial Corp.                          | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |      2061 | NS      | $185881.59    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| AXIS Capital Holdings Ltd.                   | AXIS Capital Holdings Ltd.                   | CUSIP: G0692U109<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      3586 | NS      | $224376.02    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Ashland Inc.                                 | Ashland Inc.                                 | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      2327 | NS      | $254271.29    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings, Inc.              | Lincoln Electric Holdings, Inc.              | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      2489 | NS      | $415339.43    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Consolidated Edison, Inc.                    | Consolidated Edison, Inc.                    | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     15074 | NS      | $1436702.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co. (The)                        | Gorman-Rupp Co. (The)                        | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |      1157 | NS      | $33240.61     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                  | Horace Mann Educators Corp.                  | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      1835 | NS      | $65344.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co.                                  | Tennant Co.                                  | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |       821 | NS      | $57576.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                           | Southern Co. (The)                           | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     46271 | NS      | $3131621.28   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co. (The)                   | Sherwin-Williams Co. (The)                   | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     11005 | NS      | $2603672.95   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp.                               | Celanese Corp.                               | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |      4649 | NS      | $572756.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro, Inc.                                  | Monro, Inc.                                  | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1436 | NS      | $73092.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| York Water Co. (The)                         | York Water Co. (The)                         | CUSIP: 987184108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       630 | NS      | $28633.50     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L.P.            | Enterprise Products Partners L.P.            | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |     92574 | NS      | $2369894.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Magellan Midstream Partners, L.P.            | Magellan Midstream Partners, L.P.            | CUSIP: 559080106<br>LEI: MZF5TI8NFVZZNUSKDL39 | Long             | EC               | CORP              | US        |      8802 | NS      | $470026.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO PRIVATE GOVERNMENT FUND              | INVESCO PRIVATE GOVERNMENT FUND              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   6792510 | NS      | $6792510.38   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryder System, Inc.                           | Ryder System, Inc.                           | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |      2190 | NS      | $206757.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Royal Gold, Inc.                             | Royal Gold, Inc.                             | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |      2799 | NS      | $355556.97    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Community Bank System, Inc.                  | Community Bank System, Inc.                  | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |      2300 | NS      | $132733.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Westamerica Bancorporation                   | Westamerica Bancorporation                   | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1192 | NS      | $66227.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.               | LyondellBasell Industries N.V., Class A      | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     13903 | NS      | $1344281.07   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                        | Williams-Sonoma, Inc.                        | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      2884 | NS      | $389166.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Heritage Financial Corp.                     | Heritage Financial Corp.                     | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1555 | NS      | $44364.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp.                                  | HEICO Corp.                                  | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      2337 | NS      | $399510.15    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank                                   | Towne Bank                                   | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |      3075 | NS      | $93695.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| S&P Global Inc.                              | S&P Global Inc.                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     13860 | NS      | $5196668.40   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares, Inc.                  | Prosperity Bancshares, Inc.                  | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3896 | NS      | $295550.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Clorox Co. (The)                             | Clorox Co. (The)                             | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |      5217 | NS      | $754847.73    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                            | Eversource Energy                            | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     14712 | NS      | $1211238.96   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises, Inc.                     | Apogee Enterprises, Inc.                     | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |       985 | NS      | $46137.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                  | Discover Financial Services                  | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     11628 | NS      | $1357336.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp.                  | Sensient Technologies Corp.                  | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |      1874 | NS      | $141843.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity, Inc.                              | Insperity, Inc.                              | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |      1695 | NS      | $187382.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadcom Inc.                                | Broadcom Inc.                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     17281 | NS      | $10109557.81  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp.                               | McKesson Corp.                               | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      6023 | NS      | $2280789.64   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies, Inc.                     | Roper Technologies, Inc.                     | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      4541 | NS      | $1937871.75   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse, Inc.                             | Littelfuse, Inc.                             | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      1105 | NS      | $283642.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Whirlpool Corp.                              | Whirlpool Corp.                              | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      2337 | NS      | $363613.83    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Telephone and Data Systems, Inc.             | Telephone and Data Systems, Inc.             | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4532 | NS      | $60592.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Abbott Laboratories                          | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     74320 | NS      | $8216076.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                | Medtronic PLC                                | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     56337 | NS      | $4714843.53   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                    | MDU Resources Group, Inc.                    | CUSIP: 552690109<br>LEI: 0T6SBMK3JTBI1JR36794 | Long             | EC               | CORP              | US        |      8600 | NS      | $265826.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals, Inc.             | Air Products and Chemicals, Inc.             | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |      9430 | NS      | $3022409.30   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                       | Costco Wholesale Corp.                       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |     18860 | NS      | $9640100.40   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| V.F. Corp.                                   | V.F. Corp.                                   | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |     16496 | NS      | $510386.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                      | Aon PLC, Class A                             | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      8745 | NS      | $2786856.60   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.             | Philip Morris International Inc.             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     65761 | NS      | $6854926.64   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp.                                   | IDEX Corp.                                   | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      3183 | NS      | $762901.44    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co.                          | Sonoco Products Co.                          | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |      4163 | NS      | $254400.93    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp.                                 | Chemed Corp.                                 | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |       662 | NS      | $334402.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half International Inc.               | Robert Half International Inc.               | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |      4612 | NS      | $387223.52    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                          | Realty Income Corp.                          | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     26717 | NS      | $1812214.11   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                         | Associated Banc-Corp                         | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |      6424 | NS      | $143961.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                | Comcast Corp., Class A                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    183067 | NS      | $7203686.45   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp.                        | First Merchants Corp.                        | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |      2559 | NS      | $109115.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp.                                 | Avista Corp.                                 | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |      3072 | NS      | $122572.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                             | Xcel Energy Inc.                             | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     23197 | NS      | $1595257.69   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp.                        | Kaiser Aluminum Corp.                        | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       703 | NS      | $61526.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                     | Motorola Solutions, Inc.                     | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |      7074 | NS      | $1818088.74   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                             | SouthState Corp.                             | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |      3191 | NS      | $254003.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                            | Black Hills Corp.                            | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      2757 | NS      | $199551.66    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                        | Cardinal Health, Inc.                        | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |     10963 | NS      | $846891.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc.         | Public Service Enterprise Group Inc.         | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     21234 | NS      | $1315021.62   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WD-40 Co.                                    | WD-40 Co.                                    | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |       604 | NS      | $105422.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Arthur J. Gallagher & Co.                    | Arthur J. Gallagher & Co.                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      8920 | NS      | $1745822.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                 | U.S. Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     63124 | NS      | $3143575.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.                    | Rockwell Automation, Inc.                    | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      4873 | NS      | $1374332.19   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| American States Water Co.                    | American States Water Co.                    | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      1648 | NS      | $155192.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co. PLC                              | Perrigo Co. PLC                              | CUSIP: G97822103<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |      5726 | NS      | $214266.92    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                      | KeyCorp                                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     39658 | NS      | $761037.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.        | Alexandria Real Estate Equities, Inc.        | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |      6909 | NS      | $1110552.66   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| W. R. Berkley Corp.                          | W. R. Berkley Corp.                          | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     11276 | NS      | $790898.64    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                          | Cisco Systems, Inc.                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    174576 | NS      | $8496613.92   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                              | Starbucks Corp.                              | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     49013 | NS      | $5349278.82   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                | PepsiCo, Inc.                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     58672 | NS      | $10034085.44  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Inc.                                 | Corning Inc.                                 | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     35947 | NS      | $1244125.67   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                          | Fifth Third Bancorp                          | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     29127 | NS      | $1057018.83   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup, Inc.                             | AptarGroup, Inc.                             | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      2789 | NS      | $322519.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                 | Casey's General Stores, Inc.                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      1661 | NS      | $391846.51    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMorgan Chase & Co.                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    124899 | NS      | $17480864.04  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Industries, Inc.                 | Worthington Industries, Inc.                 | CUSIP: 981811102<br>LEI: 1WRCIANKYOIK6KYE5E82 | Long             | EC               | CORP              | US        |      2116 | NS      | $120336.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hanover Insurance Group, Inc. (The)          | Hanover Insurance Group, Inc. (The)          | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      1589 | NS      | $213847.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc.                                | NiSource Inc.                                | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     17272 | NS      | $479298.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| J.B. Hunt Transport Services, Inc.           | J.B. Hunt Transport Services, Inc.           | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      4443 | NS      | $839949.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                         | PPG Industries, Inc.                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     10017 | NS      | $1305615.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc.                              | MSA Safety Inc.                              | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      1744 | NS      | $237864.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc.                                | Evercore Inc.                                | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      1745 | NS      | $226518.45    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corp.                             | 1st Source Corp.                             | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1097 | NS      | $53961.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy, Inc.                             | MGE Energy, Inc.                             | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1612 | NS      | $117853.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO PRIVATE PRIME FUND                   | INVESCO PRIVATE PRIME FUND                   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  17465380 | NS      | $17470618.99  | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| HP Inc.                                      | HP Inc.                                      | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     43906 | NS      | $1279420.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                              | Primerica, Inc.                              | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      1670 | NS      | $270122.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Lowe's Cos., Inc.                            | Lowe's Cos., Inc.                            | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     25670 | NS      | $5345777.50   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Bancorp, Inc.                        | Horizon Bancorp, Inc.                        | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |      1876 | NS      | $29340.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Analog Devices, Inc.                         | Analog Devices, Inc.                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     21530 | NS      | $3691749.10   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                        | Colgate-Palmolive Co.                        | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |     35458 | NS      | $2642684.74   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets, Inc.                    | Cboe Global Markets, Inc.                    | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      4543 | NS      | $558243.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's, Inc.                              | Dillard's, Inc., Class A                     | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |       602 | NS      | $236772.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| International Bancshares Corp.               | International Bancshares Corp.               | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |      2681 | NS      | $125658.47    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers, Inc.                         | Cohen & Steers, Inc.                         | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |      2079 | NS      | $152744.13    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Brown-Forman Corp.                           | Brown-Forman Corp., Class B                  | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     13175 | NS      | $877191.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.      | International Flavors & Fragrances Inc.      | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     10817 | NS      | $1216479.82   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | Chevron Corp.                                | CUSIP: 166764100<br>LEI: LJOF0JWZSCIUPEC3LQ45 | Long             | EC               | CORP              | US        |     82197 | NS      | $14303921.94  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp.                 | Matthews International Corp., Class A        | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |      1388 | NS      | $51411.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Renaissancere Holdings Ltd.                  | Renaissancere Holdings Ltd.                  | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      1857 | NS      | $363396.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.                        | First Financial Corp.                        | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       542 | NS      | $24346.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons, Inc.                      | John Wiley & Sons, Inc., Class A             | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |      1989 | NS      | $91096.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                 | Target Corp.                                 | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     19514 | NS      | $3359139.96   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                 | Stanley Black & Decker, Inc.                 | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      6313 | NS      | $563814.03    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co.                           | Erie Indemnity Co., Class A                  | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      1967 | NS      | $480636.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| RPM International Inc.                       | RPM International Inc.                       | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |      5483 | NS      | $492976.53    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.            | American Electric Power Co., Inc.            | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     21805 | NS      | $2048797.80   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp.                          | BOK Financial Corp.                          | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |      2844 | NS      | $285822.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions, Inc.         | Broadridge Financial Solutions, Inc.         | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      4956 | NS      | $745184.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Trust Bancorp, Inc.                | Community Trust Bancorp, Inc.                | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       791 | NS      | $34076.28     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                   | Cullen/Frost Bankers, Inc.                   | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |      2765 | NS      | $360224.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Tyson Foods, Inc.                            | Tyson Foods, Inc., Class A                   | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     12272 | NS      | $806884.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp.                         | Avery Dennison Corp.                         | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      3440 | NS      | $651673.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co.                | Reliance Steel & Aluminum Co.                | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      2595 | NS      | $590232.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Westlake Corp.                               | Westlake Corp.                               | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |      5430 | NS      | $666532.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| T. Rowe Price Group, Inc.                    | T. Rowe Price Group, Inc.                    | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      9603 | NS      | $1118461.41   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Coca-Cola Co. (The)                          | Coca-Cola Co. (The)                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    183700 | NS      | $11264484.00  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc.                             | Caterpillar Inc.                             | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     22201 | NS      | $5601090.29   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp.                             | CMS Energy Corp.                             | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     12298 | NS      | $777110.62    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.                  | L3Harris Technologies, Inc.                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      8163 | NS      | $1753575.66   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                  | Marsh & McLennan Cos., Inc.                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     21237 | NS      | $3714563.67   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| West Pharmaceutical Services, Inc.           | West Pharmaceutical Services, Inc.           | CUSIP: 955306105<br>LEI: 5493007NKRGM1RJQ1P16 | Long             | EC               | CORP              | US        |      3119 | NS      | $828406.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc.                                   | Spire Inc.                                   | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      2248 | NS      | $162350.56    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                   | Ameriprise Financial, Inc.                   | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      4509 | NS      | $1578691.08   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries, Inc.                        | Thor Industries, Inc.                        | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |      2350 | NS      | $224025.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| H.B. Fuller Co.                              | H.B. Fuller Co.                              | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |      2277 | NS      | $157340.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tompkins Financial Corp.                     | Tompkins Financial Corp.                     | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |       642 | NS      | $48361.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                   | Procter & Gamble Co. (The)                   | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    100732 | NS      | $14342222.16  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                       | Truist Financial Corp.                       | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     56387 | NS      | $2784953.93   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution for Savings, The         | Hingham Institution for Savings, The         | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |        95 | NS      | $27772.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Commerce Bancshares, Inc.                    | Commerce Bancshares, Inc.                    | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5336 | NS      | $355164.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.               | American Financial Group, Inc.               | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      3614 | NS      | $515320.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc.                          | ABM Industries Inc.                          | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |      2789 | NS      | $130831.99    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp.               | First American Financial Corp.               | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |      4459 | NS      | $275878.33    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Hubbell Inc.                                 | Hubbell Inc.                                 | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      2300 | NS      | $526493.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Infrastructure Partners L.P.      | Brookfield Infrastructure Partners L.P.      | CUSIP: G16252101<br>LEI: 549300WEH5R2OODI7Y90 | Long             | EC               | CORP              | BM        |     19408 | NS      | $685878.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp.                                | Nordson Corp.                                | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      2459 | NS      | $598274.70    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings, Inc.                | Kennedy-Wilson Holdings, Inc.                | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |      5867 | NS      | $104901.96    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares, Inc.             | First Financial Bankshares, Inc.             | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |      6079 | NS      | $216533.98    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                  | Verizon Communications Inc.                  | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    178202 | NS      | $7407857.14   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                         | Terreno Realty Corp.                         | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3194 | NS      | $205789.42    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc. (The)              | Goldman Sachs Group, Inc. (The)              | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     14339 | NS      | $5245349.59   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp, Inc.               | Washington Trust Bancorp, Inc.               | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |       767 | NS      | $32804.59     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| National Retail Properties, Inc.             | National Retail Properties, Inc.             | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |      7529 | NS      | $356498.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellogg Co.                                  | Kellogg Co.                                  | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     14431 | NS      | $989677.98    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community Bankshares, Inc.             | First Community Bankshares, Inc.             | CUSIP: 31983A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       717 | NS      | $23309.67     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Franklin Resources, Inc.                     | Franklin Resources, Inc.                     | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |     21237 | NS      | $662594.40    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cass Information Systems, Inc.               | Cass Information Systems, Inc.               | CUSIP: 14808P109<br>LEI: 549300G7XPIPR7SJ2F38 | Long             | EC               | CORP              | US        |       607 | NS      | $29475.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Humana Inc.                                  | Humana Inc.                                  | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      5368 | NS      | $2746805.60   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group, Inc.              | Principal Financial Group, Inc.              | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     10563 | NS      | $977605.65    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co., Inc.                  | Franklin Electric Co., Inc.                  | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      1972 | NS      | $178071.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                   | Amgen Inc.                                   | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     22781 | NS      | $5749924.40   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co.                             | City Holding Co.                             | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       661 | NS      | $62656.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Paychex, Inc.                                | Paychex, Inc.                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     15311 | NS      | $1773932.46   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | Microsoft Corp.                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    110018 | NS      | $27263560.58  | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Inc.                       | Quest Diagnostics Inc.                       | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      4925 | NS      | $731264.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular, Inc.                      | LeMaitre Vascular, Inc.                      | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |       974 | NS      | $45953.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Evergy, Inc.                                 | Evergy, Inc.                                 | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      9773 | NS      | $612278.45    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandy Spring Bancorp, Inc.                   | Sandy Spring Bancorp, Inc.                   | CUSIP: 800363103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1908 | NS      | $64490.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                | FactSet Research Systems Inc.                | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |      1693 | NS      | $716037.42    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                         | Kimberly-Clark Corp.                         | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     14320 | NS      | $1861743.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, Inc.                                   | NIKE, Inc., Class B                          | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     53712 | NS      | $6839148.96   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                           | Badger Meter, Inc.                           | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      1306 | NS      | $151365.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc.                                   | Graco Inc.                                   | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |      7174 | NS      | $490127.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp. (The)          | Bank of New York Mellon Corp. (The)          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     34288 | NS      | $1733944.16   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd.                         | TE Connectivity Ltd.                         | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |     13616 | NS      | $1731274.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc.                           | ManpowerGroup Inc.                           | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      2214 | NS      | $192972.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                         | Emerson Electric Co.                         | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     25091 | NS      | $2263710.02   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                          | Lithia Motors, Inc., Class A                 | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      1228 | NS      | $323209.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Federal Agricultural Mortgage Corp.          | Federal Agricultural Mortgage Corp., Class C | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |       409 | NS      | $54384.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co.                                       | 3M Co.                                       | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     23418 | NS      | $2694943.44   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                 | Honeywell International Inc.                 | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     28539 | NS      | $5949810.72   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc.                                     | ITT Inc.                                     | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |      3504 | NS      | $320931.36    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co.                          | SEI Investments Co.                          | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |      5765 | NS      | $359908.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                  | Pinnacle West Capital Corp.                  | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |      4767 | NS      | $355379.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp.                     | Lakeland Financial Corp.                     | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1132 | NS      | $80043.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Raytheon Technologies Corp.                  | Raytheon Technologies Corp.                  | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     62689 | NS      | $6259496.65   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Steris PLC                                   | Steris PLC                                   | CUSIP: G8473T100<br>LEI: 549300F1857N5E6G6T48 | Long             | EC               | CORP              | IE        |      4274 | NS      | $882623.74    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                   | Unum Group                                   | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |      8473 | NS      | $356120.19    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                  | Ecolab Inc.                                  | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |     12066 | NS      | $1868178.78   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp.                         | Alliant Energy Corp.                         | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     10638 | NS      | $574771.14    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health, Inc.                        | Elevance Health, Inc.                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     10176 | NS      | $5087898.24   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                           | State Street Corp.                           | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     15654 | NS      | $1429679.82   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co.                                   | Stepan Co.                                   | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |       993 | NS      | $109071.12    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp.                       | Lancaster Colony Corp.                       | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      1228 | NS      | $235665.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Union Pacific Corp.                          | Union Pacific Corp.                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     26122 | NS      | $5333851.18   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc.                        | WEC Energy Group Inc.                        | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     13420 | NS      | $1261345.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Inc.           | Reinsurance Group of America, Inc.           | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      2806 | NS      | $425866.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co., Inc.                          | Donaldson Co., Inc.                          | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      5204 | NS      | $324469.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                                | Sempra Energy                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     13370 | NS      | $2143612.10   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                           | Tractor Supply Co.                           | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |      4676 | NS      | $1066081.24   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                | IDACORP, Inc.                                | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      2162 | NS      | $228761.22    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                            | Hershey Co. (The)                            | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      6271 | NS      | $1408466.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings, Inc.                 | Southwest Gas Holdings, Inc.                 | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2806 | NS      | $187805.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                            | Duke Energy Corp.                            | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     32679 | NS      | $3347963.55   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                      | UnitedHealth Group Inc.                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     39753 | NS      | $19844300.07  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities, Inc.                    | Essential Utilities, Inc.                    | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |     11138 | NS      | $520478.74    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs Inc.                         | Churchill Downs Inc.                         | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |      1685 | NS      | $418048.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp.                                  | Dover Corp.                                  | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      6127 | NS      | $930262.41    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                    | Visa Inc., Class A                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     69223 | NS      | $15935826.83  | 2.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Illinois Tool Works Inc.                     | Illinois Tool Works Inc.                     | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     13162 | NS      | $3106758.48   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| STAG Industrial, Inc.                        | STAG Industrial, Inc.                        | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |      7623 | NS      | $271378.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                             | McDonald's Corp.                             | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     31206 | NS      | $8344484.40   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                              | Albemarle Corp.                              | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |      4948 | NS      | $1392614.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc.                                   | Aflac Inc.                                   | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     26294 | NS      | $1932609.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                 | Simmons First National Corp., Class A        | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |      5446 | NS      | $121500.26    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Toro Co. (The)                               | Toro Co. (The)                               | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |      4477 | NS      | $499275.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co.                | Portland General Electric Co.                | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      4244 | NS      | $201929.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp.                        | Quaker Chemical Corp.                        | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |       797 | NS      | $156905.39    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                | Accenture PLC, Class A                       | CUSIP: G1151C101<br>LEI: 549300JY6CF6DO4YFQ03 | Long             | EC               | CORP              | IE        |     26776 | NS      | $7471842.80   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.              | Atlantic Union Bankshares Corp.              | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3149 | NS      | $121834.81    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp.                              | BancFirst Corp.                              | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |      1462 | NS      | $125922.06    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt, Inc.                        | Leggett & Platt, Inc.                        | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |      5654 | NS      | $206710.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc.                         | Silgan Holdings Inc.                         | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |      4641 | NS      | $250103.49    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Fastenal Co.                                 | Fastenal Co.                                 | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     24428 | NS      | $1234835.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp, Inc.                    | Stock Yards Bancorp, Inc.                    | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      1305 | NS      | $78247.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Qualcomm Inc.                                | Qualcomm Inc.                                | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     47500 | NS      | $6327475.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Life Holding Co.  | American Equity Investment Life Holding Co.  | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               | CORP              | US        |      3724 | NS      | $177448.60    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AmerisourceBergen Corp.                      | AmerisourceBergen Corp.                      | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      8783 | NS      | $1483975.68   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Scotts Miracle-Gro Co. (The)                 | Scotts Miracle-Gro Co. (The)                 | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |      2377 | NS      | $171595.63    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Avient Corp.                                 | Avient Corp.                                 | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      3872 | NS      | $156893.44    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lockheed Martin Corp.                        | Lockheed Martin Corp.                        | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     11127 | NS      | $5154694.02   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares, Inc.                        | Home BancShares, Inc.                        | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8674 | NS      | $207048.38    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                         | Eastman Chemical Co.                         | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      5201 | NS      | $458572.17    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                   | Packaging Corp. of America                   | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      3995 | NS      | $570086.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                       | Texas Instruments Inc.                       | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     38523 | NS      | $6826660.83   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons, Inc. (The)                        | Andersons, Inc. (The)                        | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |      1499 | NS      | $55133.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                     | Extra Space Storage Inc.                     | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5695 | NS      | $898841.85    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                        | National Fuel Gas Co.                        | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      3894 | NS      | $226085.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp.                                    | CSX Corp.                                    | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     89134 | NS      | $2756023.28   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp. International                  | Service Corp. International                  | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |      6665 | NS      | $494209.75    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Cabot Corp.                                  | Cabot Corp.                                  | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |      2411 | NS      | $181620.63    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Applied Industrial Technologies, Inc.        | Applied Industrial Technologies, Inc.        | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      1716 | NS      | $245748.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| A.O. Smith Corp.                             | A.O. Smith Corp.                             | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      5453 | NS      | $369168.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp.                                 | Cintas Corp.                                 | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4365 | NS      | $1936925.10   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand, Inc.                            | Hillenbrand, Inc.                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |      2915 | NS      | $136596.90    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Best Buy Co., Inc.                           | Best Buy Co., Inc.                           | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      9580 | NS      | $849937.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** Invesco Exchange-Traded Fund Trust

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** Vice President