# EDGAR Filing Document

**Accession Number:** 0000842790
**File Stem:** 0001752724-25-181699
**Filing Date:** 2025-7
**Character Count:** 140999
**Document Hash:** d3de1a7c956b3404618829f3a7b1b3e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181699.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181699

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS)
- **CENTRAL INDEX KEY:** 0000842790

**ORGANIZATION NAME:**
- **EIN:** 760343427
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05686
- **FILM NUMBER:** 251158803

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 7136261919

**MAIL ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS
- **DATE OF NAME CHANGE:** 20000921

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM INVESTMENT SECURITIES FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM PRIME RATE PREMIUM INCOME FUND INC
- **DATE OF NAME CHANGE:** 19910320

## Series and Classes Contracts Data

### Invesco SMA High Yield Bond Fund (Series ID: S000079750)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000241067 | Invesco SMA High Yield Bond Fund |  |

## Nport-Ex

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

*May 31, 2025*

*(Unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **U.S. Dollar Denominated Bonds & Notes–92.47%** | **U.S. Dollar Denominated Bonds & Notes–92.47%** | **U.S. Dollar Denominated Bonds & Notes–92.47%** | **U.S. Dollar Denominated Bonds & Notes–92.47%** |
| **Advertising–0.53%** | **Advertising–0.53%** | **Advertising–0.53%** | **Advertising–0.53%** |
| &nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc., <br> 5.13%, 08/15/2027<sup>(b)</sup> <br>|  | $57000 | &nbsp;&nbsp; $55798 |
| **Aerospace & Defense–1.47%** | **Aerospace & Defense–1.47%** | **Aerospace & Defense–1.47%** | **Aerospace & Defense–1.47%** |
| TransDigm, Inc., | TransDigm, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 03/01/2029<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 50877 |
| &nbsp;&nbsp;&nbsp; 6.88%, 12/15/2030<sup>(b)</sup> <br>|  | 24000 | &nbsp;&nbsp; 24767 |
| &nbsp;&nbsp;&nbsp; 7.13%, 12/01/2031<sup>(b)</sup> <br>|  | 28000 | &nbsp;&nbsp; 29000 |
| &nbsp;&nbsp;&nbsp; 6.00%, 01/15/2033<sup>(b)</sup> <br>|  | 49000 | &nbsp;&nbsp; 48521 |
|  |  |  | &nbsp;&nbsp; 153165 |
| **Alternative Carriers–0.60%** | **Alternative Carriers–0.60%** | **Alternative Carriers–0.60%** | **Alternative Carriers–0.60%** |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc., 10.00%, <br> 10/15/2032<sup>(b)</sup> <br>|  | 10000 | &nbsp;&nbsp; 10268 |
| &nbsp;&nbsp;&nbsp; Windstream Services LLC/Windstream <br> Escrow Finance Corp., 8.25%, <br> 10/01/2031<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 52074 |
|  |  |  | &nbsp;&nbsp; 62342 |
| **Application Software–1.77%** | **Application Software–1.77%** | **Application Software–1.77%** | **Application Software–1.77%** |
| &nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp., 4.88%, <br> 07/01/2029<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 52769 |
| Cloud Software Group, Inc., | Cloud Software Group, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/31/2029<sup>(b)</sup> <br>|  | 37000 | &nbsp;&nbsp; 36989 |
| &nbsp;&nbsp;&nbsp; 8.25%, 06/30/2032<sup>(b)</sup> <br>|  | 15000 | &nbsp;&nbsp; 15788 |
| Fair Isaac Corp., 6.00%, 05/15/2033<sup>(b)</sup> <br>|  | 26000 | &nbsp;&nbsp; 26016 |
| SS&C Technologies, Inc., | SS&C Technologies, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 09/30/2027<sup>(b)</sup> <br>|  | 25000 | &nbsp;&nbsp; 24988 |
| &nbsp;&nbsp;&nbsp; 6.50%, 06/01/2032<sup>(b)</sup> <br>|  | 28000 | &nbsp;&nbsp; 28771 |
|  |  |  | &nbsp;&nbsp; 185321 |
| **Automobile Manufacturers–0.99%** | **Automobile Manufacturers–0.99%** | **Automobile Manufacturers–0.99%** | **Automobile Manufacturers–0.99%** |
| &nbsp;&nbsp;&nbsp; Allison Transmission, Inc., 3.75%, <br> 01/30/2031<sup>(b)</sup> <br>|  | 114000 | &nbsp;&nbsp; 103574 |
| **Automotive Parts & Equipment–2.63%** | **Automotive Parts & Equipment–2.63%** | **Automotive Parts & Equipment–2.63%** | **Automotive Parts & Equipment–2.63%** |
| &nbsp;&nbsp;&nbsp; Clarios Global L.P./Clarios US Finance Co., <br> 6.75%, 02/15/2030<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51982 |
| &nbsp;&nbsp;&nbsp; Cougar JV Subsidiary LLC, 8.00%, <br> 05/15/2032<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 53620 |
| &nbsp;&nbsp;&nbsp; Forvia SE (France), 8.00%, <br> 06/15/2030<sup>(b)</sup> <br>|  | 40000 | &nbsp;&nbsp; 40687 |
| &nbsp;&nbsp;&nbsp; NESCO Holdings II, Inc., 5.50%, <br> 04/15/2029<sup>(b)</sup> <br>|  | 82000 | &nbsp;&nbsp; 77321 |
| PHINIA, Inc., | PHINIA, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/2029<sup>(b)</sup> <br>|  | 24000 | &nbsp;&nbsp; 24561 |
| &nbsp;&nbsp;&nbsp; 6.63%, 10/15/2032<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 26866 |
|  |  |  | &nbsp;&nbsp; 275037 |
| **Automotive Retail–3.30%** | **Automotive Retail–3.30%** | **Automotive Retail–3.30%** | **Automotive Retail–3.30%** |
| &nbsp;&nbsp;&nbsp; Carvana Co., 14.00% PIK Rate, 9.00% <br> Cash Rate, 06/01/2031<sup>(b)(c)</sup> <br>|  | 47000 | &nbsp;&nbsp; 54549 |
| Group 1 Automotive, Inc., | Group 1 Automotive, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/15/2028<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 53710 |
| &nbsp;&nbsp;&nbsp; 6.38%, 01/15/2030<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 52033 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Automotive Retail–(continued)** | **Automotive Retail–(continued)** | **Automotive Retail–(continued)** | **Automotive Retail–(continued)** |
| LCM Investments Holdings II LLC, | LCM Investments Holdings II LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/01/2029<sup>(b)</sup> <br>|  | $28000 | &nbsp;&nbsp; $26995 |
| &nbsp;&nbsp;&nbsp; 8.25%, 08/01/2031<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 53052 |
| Lithia Motors, Inc., | Lithia Motors, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 12/15/2027<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 52319 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/2031<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 52523 |
|  |  |  | &nbsp;&nbsp; 345181 |
| **Broadcasting–0.59%** | **Broadcasting–0.59%** | **Broadcasting–0.59%** | **Broadcasting–0.59%** |
| Gray Media, Inc., 10.50%, 07/15/2029<sup>(b)</sup> <br>|  | 10000 | &nbsp;&nbsp; 10644 |
| Univision Communications, Inc., | Univision Communications, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 06/01/2027<sup>(b)</sup> <br>|  | 41000 | &nbsp;&nbsp; 41026 |
| &nbsp;&nbsp;&nbsp; 7.38%, 06/30/2030<sup>(b)</sup> <br>|  | 11000 | &nbsp;&nbsp; 10291 |
|  |  |  | &nbsp;&nbsp; 61961 |
| **Broadline Retail–0.75%** | **Broadline Retail–0.75%** | **Broadline Retail–0.75%** | **Broadline Retail–0.75%** |
| Kohl's Corp., | Kohl's Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 10.00%, 06/01/2030<sup>(b)</sup> <br>|  | 5000 | &nbsp;&nbsp; 5140 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/2031 |  | 33000 | &nbsp;&nbsp; 21155 |
| &nbsp;&nbsp;&nbsp; Macy's Retail Holdings LLC, 6.70%, <br> 07/15/2034<sup>(b)</sup> <br>|  | 61000 | &nbsp;&nbsp; 51630 |
|  |  |  | &nbsp;&nbsp; 77925 |
| **Cable & Satellite–4.66%** | **Cable & Satellite–4.66%** | **Cable & Satellite–4.66%** | **Cable & Satellite–4.66%** |
| CCO Holdings LLC/CCO Holdings Capital Corp., | CCO Holdings LLC/CCO Holdings Capital Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/01/2027<sup>(b)</sup> <br>|  | 95000 | &nbsp;&nbsp; 94079 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/01/2032<sup>(b)</sup> <br>|  | 59000 | &nbsp;&nbsp; 54656 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/01/2032 |  | 61000 | &nbsp;&nbsp; 55563 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/2034<sup>(b)</sup> <br>|  | 63000 | &nbsp;&nbsp; 54428 |
| &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., | &nbsp;&nbsp;&nbsp; Directv Financing LLC/Directv Financing <br> Co-Obligor, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 08/15/2027<sup>(b)</sup> <br>|  | 26000 | &nbsp;&nbsp; 25611 |
| &nbsp;&nbsp;&nbsp; 10.00%, 02/15/2031<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 26299 |
| &nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc., 8.13%, <br> 02/15/2033<sup>(b)</sup> <br>|  | 10000 | &nbsp;&nbsp; 10014 |
| &nbsp;&nbsp;&nbsp; Sirius XM Radio LLC, 5.00%, <br> 08/01/2027<sup>(b)</sup> <br>|  | 52000 | &nbsp;&nbsp; 51494 |
| &nbsp;&nbsp;&nbsp; Sunrise FinCo I B.V. (Netherlands), 4.63%, <br> 05/15/2032<sup>(b)</sup> <br>|  | 100000 | &nbsp;&nbsp; 114680 |
|  |  |  | &nbsp;&nbsp; 486824 |
| **Casinos & Gaming–2.22%** | **Casinos & Gaming–2.22%** | **Casinos & Gaming–2.22%** | **Casinos & Gaming–2.22%** |
| &nbsp;&nbsp;&nbsp; Studio City Finance Ltd. (Macau), 5.00%, <br> 01/15/2029<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 180861 |
| &nbsp;&nbsp;&nbsp; Viking Cruises Ltd., 7.00%, <br> 02/15/2029<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51392 |
|  |  |  | &nbsp;&nbsp; 232253 |
| **Commercial & Residential Mortgage Finance–1.73%** | **Commercial & Residential Mortgage Finance–1.73%** | **Commercial & Residential Mortgage Finance–1.73%** | **Commercial & Residential Mortgage Finance–1.73%** |
| Nationstar Mortgage Holdings, Inc., | Nationstar Mortgage Holdings, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/01/2029<sup>(b)</sup> <br>|  | 49000 | &nbsp;&nbsp; 49943 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/01/2032<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 52102 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, Inc., 4.25%, <br> 02/15/2029<sup>(b)</sup> <br>|  | 28000 | &nbsp;&nbsp; 26603 |
| &nbsp;&nbsp;&nbsp; Walker & Dunlop, Inc., 6.63%, <br> 04/01/2033<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51688 |
|  |  |  | &nbsp;&nbsp; 180336 |

---

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

**Invesco SMA High Yield Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Construction Machinery & Heavy Transportation Equipment–**<br> **0.49%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.49%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.49%** | **Construction Machinery & Heavy Transportation Equipment–**<br> **0.49%** |
| &nbsp;&nbsp;&nbsp; Northriver Midstream Finance L.P. <br> (Canada), 6.75%, 07/15/2032<sup>(b)</sup> <br>|  | $51000 | &nbsp;&nbsp; $51508 |
| **Consumer Finance–3.53%** | **Consumer Finance–3.53%** | **Consumer Finance–3.53%** | **Consumer Finance–3.53%** |
| EZCORP, Inc., 7.38%, 04/01/2032<sup>(b)</sup> <br>|  | 100000 | &nbsp;&nbsp; 104025 |
| FirstCash, Inc., | FirstCash, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 01/01/2030<sup>(b)</sup> <br>|  | 25000 | &nbsp;&nbsp; 24845 |
| &nbsp;&nbsp;&nbsp; 6.88%, 03/01/2032<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 79022 |
| Navient Corp., | Navient Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 03/15/2027 |  | 38000 | &nbsp;&nbsp; 37637 |
| &nbsp;&nbsp;&nbsp; 9.38%, 07/25/2030 |  | 17000 | &nbsp;&nbsp; 18529 |
| OneMain Finance Corp., | OneMain Finance Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/2029 |  | 14000 | &nbsp;&nbsp; 14174 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/15/2030 |  | 34000 | &nbsp;&nbsp; 30625 |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/2032 |  | 25000 | &nbsp;&nbsp; 24880 |
| &nbsp;&nbsp;&nbsp; 7.13%, 09/15/2032 |  | 35000 | &nbsp;&nbsp; 35261 |
|  |  |  | &nbsp;&nbsp; 368998 |
| **Data Processing & Outsourced Services–0.49%** | **Data Processing & Outsourced Services–0.49%** | **Data Processing & Outsourced Services–0.49%** | **Data Processing & Outsourced Services–0.49%** |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments <br> Finance Sub, Inc., 6.75%, <br> 08/15/2032<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 51046 |
| **Diversified Financial Services–6.46%** | **Diversified Financial Services–6.46%** | **Diversified Financial Services–6.46%** | **Diversified Financial Services–6.46%** |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global <br> Aviation Trust (Ireland), 6.95%, <br> 03/10/2055<sup>(d)</sup> <br>|  | 150000 | &nbsp;&nbsp; 153958 |
| &nbsp;&nbsp;&nbsp; Freedom Mortgage Holdings LLC, 8.38%, <br> 04/01/2032<sup>(b)</sup> <br>|  | 26000 | &nbsp;&nbsp; 25699 |
| &nbsp;&nbsp;&nbsp; GGAM Finance Ltd. (Ireland), 6.88%, <br> 04/15/2029<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 104161 |
| Jane Street Group/JSG Finance, Inc., | Jane Street Group/JSG Finance, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/15/2029<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 51091 |
| &nbsp;&nbsp;&nbsp; 7.13%, 04/30/2031<sup>(b)</sup> <br>|  | 41000 | &nbsp;&nbsp; 42857 |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/01/2032<sup>(b)</sup> <br>|  | 89000 | &nbsp;&nbsp; 89210 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/01/2033<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 52337 |
| Jefferson Capital Holdings LLC, | Jefferson Capital Holdings LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 9.50%, 02/15/2029<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 53127 |
| &nbsp;&nbsp;&nbsp; 8.25%, 05/15/2030<sup>(b)</sup> <br>|  | 25000 | &nbsp;&nbsp; 25609 |
| &nbsp;&nbsp;&nbsp; Provident Funding Associates L.P./PFG <br> Finance Corp., 9.75%, 09/15/2029<sup>(b)</sup> <br>|  | 74000 | &nbsp;&nbsp; 77089 |
|  |  |  | &nbsp;&nbsp; 675138 |
| **Diversified Metals & Mining–0.50%** | **Diversified Metals & Mining–0.50%** | **Diversified Metals & Mining–0.50%** | **Diversified Metals & Mining–0.50%** |
| &nbsp;&nbsp;&nbsp; Hudbay Minerals, Inc. (Canada), 6.13%, <br> 04/01/2029<sup>(b)</sup> <br>|  | 52000 | &nbsp;&nbsp; 52171 |
| **Diversified REITs–0.98%** | **Diversified REITs–0.98%** | **Diversified REITs–0.98%** | **Diversified REITs–0.98%** |
| &nbsp;&nbsp;&nbsp; Iron Mountain Information Management <br> Services, Inc., 5.00%, 07/15/2032<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 53983 |
| &nbsp;&nbsp;&nbsp; Uniti Group L.P./Uniti Group Finance 2019, <br> Inc./CSL Capital LLC, 10.50%, <br> 02/15/2028<sup>(b)</sup> <br>|  | 46000 | &nbsp;&nbsp; 48829 |
|  |  |  | &nbsp;&nbsp; 102812 |
| **Diversified Support Services–1.70%** | **Diversified Support Services–1.70%** | **Diversified Support Services–1.70%** | **Diversified Support Services–1.70%** |
| RB Global Holdings, Inc. (Canada), | RB Global Holdings, Inc. (Canada), |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 03/15/2028<sup>(b)</sup> <br>|  | 75000 | &nbsp;&nbsp; 76691 |
| &nbsp;&nbsp;&nbsp; 7.75%, 03/15/2031<sup>(b)</sup> <br>|  | 72000 | &nbsp;&nbsp; 75460 |
| &nbsp;&nbsp;&nbsp; Saks Global Enterprises LLC, 11.00%, <br> 12/15/2029<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 25340 |
|  |  |  | &nbsp;&nbsp; 177491 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Drug Retail–0.09%** | **Drug Retail–0.09%** | **Drug Retail–0.09%** | **Drug Retail–0.09%** |
| Walgreens Boots Alliance, Inc., | Walgreens Boots Alliance, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.80%, 11/18/2044 |  | $5000 | &nbsp;&nbsp; $4622 |
| &nbsp;&nbsp;&nbsp; 4.10%, 04/15/2050 |  | 6000 | &nbsp;&nbsp; 5103 |
|  |  |  | &nbsp;&nbsp; 9725 |
| **Electric Utilities–3.12%** | **Electric Utilities–3.12%** | **Electric Utilities–3.12%** | **Electric Utilities–3.12%** |
| &nbsp;&nbsp;&nbsp; Brookfield Infrastructure Finance ULC <br> (Canada), 6.75%, 03/15/2055<sup>(d)</sup> <br>|  | 54000 | &nbsp;&nbsp; 53494 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp., 6.45%, <br> 09/01/2054<sup>(d)</sup> <br>|  | 53000 | &nbsp;&nbsp; 53673 |
| Entergy Corp., 7.13%, 12/01/2054<sup>(d)</sup> <br>|  | 51000 | &nbsp;&nbsp; 52269 |
| Vistra Operations Co. LLC, | Vistra Operations Co. LLC, |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/2027<sup>(b)</sup> <br>|  | 71000 | &nbsp;&nbsp; 70997 |
| &nbsp;&nbsp;&nbsp; 5.00%, 07/31/2027<sup>(b)</sup> <br>|  | 22000 | &nbsp;&nbsp; 21950 |
| &nbsp;&nbsp;&nbsp; 7.75%, 10/15/2031<sup>(b)</sup> <br>|  | 70000 | &nbsp;&nbsp; 74267 |
|  |  |  | &nbsp;&nbsp; 326650 |
| **Electrical Components & Equipment–0.75%** | **Electrical Components & Equipment–0.75%** | **Electrical Components & Equipment–0.75%** | **Electrical Components & Equipment–0.75%** |
| EnerSys, | EnerSys, |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 12/15/2027<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 55200 |
| &nbsp;&nbsp;&nbsp; 6.63%, 01/15/2032<sup>(b)</sup> <br>|  | 23000 | &nbsp;&nbsp; 23506 |
|  |  |  | &nbsp;&nbsp; 78706 |
| **Electronic Components–0.45%** | **Electronic Components–0.45%** | **Electronic Components–0.45%** | **Electronic Components–0.45%** |
| &nbsp;&nbsp;&nbsp; Sensata Technologies, Inc., 3.75%, <br> 02/15/2031<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 47117 |
| **Electronic Manufacturing Services–0.75%** | **Electronic Manufacturing Services–0.75%** | **Electronic Manufacturing Services–0.75%** | **Electronic Manufacturing Services–0.75%** |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower L.P./Emerald Co-Issuer, <br> Inc., 6.63%, 12/15/2030<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 77875 |
| **Environmental & Facilities Services–1.51%** | **Environmental & Facilities Services–1.51%** | **Environmental & Facilities Services–1.51%** | **Environmental & Facilities Services–1.51%** |
| GFL Environmental, Inc., | GFL Environmental, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 08/01/2028<sup>(b)</sup> <br>|  | 110000 | &nbsp;&nbsp; 105831 |
| &nbsp;&nbsp;&nbsp; 3.50%, 09/01/2028<sup>(b)</sup> <br>|  | 55000 | &nbsp;&nbsp; 52425 |
|  |  |  | &nbsp;&nbsp; 158256 |
| **Gold–1.02%** | **Gold–1.02%** | **Gold–1.02%** | **Gold–1.02%** |
| &nbsp;&nbsp;&nbsp; New Gold, Inc. (Canada), 6.88%, <br> 04/01/2032<sup>(b)</sup> <br>|  | 104000 | &nbsp;&nbsp; 106328 |
| **Health Care Facilities–1.94%** | **Health Care Facilities–1.94%** | **Health Care Facilities–1.94%** | **Health Care Facilities–1.94%** |
| &nbsp;&nbsp;&nbsp; Select Medical Corp., 6.25%, <br> 12/01/2032<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 49597 |
| Tenet Healthcare Corp., | Tenet Healthcare Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 6.13%, 10/01/2028 |  | 48000 | &nbsp;&nbsp; 48102 |
| &nbsp;&nbsp;&nbsp; 6.75%, 05/15/2031 |  | 102000 | &nbsp;&nbsp; 105129 |
|  |  |  | &nbsp;&nbsp; 202828 |
| **Health Care REITs–0.75%** | **Health Care REITs–0.75%** | **Health Care REITs–0.75%** | **Health Care REITs–0.75%** |
| &nbsp;&nbsp;&nbsp; Diversified Healthcare Trust, 0.00%, <br> 01/15/2026<sup>(b)(e)</sup> <br>|  | 82000 | &nbsp;&nbsp; 78817 |
| **Health Care Services–1.30%** | **Health Care Services–1.30%** | **Health Care Services–1.30%** | **Health Care Services–1.30%** |
| Community Health Systems, Inc., | Community Health Systems, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 03/15/2027<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 26622 |
| &nbsp;&nbsp;&nbsp; 5.25%, 05/15/2030<sup>(b)</sup> <br>|  | 30000 | &nbsp;&nbsp; 27042 |
| &nbsp;&nbsp;&nbsp; 4.75%, 02/15/2031<sup>(b)</sup> <br>|  | 35000 | &nbsp;&nbsp; 29988 |
| DaVita, Inc., | DaVita, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 09/01/2032<sup>(b)</sup> <br>|  | 26000 | &nbsp;&nbsp; 26429 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/2033<sup>(b)</sup> <br>|  | 25000 | &nbsp;&nbsp; 25275 |
|  |  |  | &nbsp;&nbsp; 135356 |

---

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

**Invesco SMA High Yield Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Health Care Supplies–0.51%** | **Health Care Supplies–0.51%** | **Health Care Supplies–0.51%** | **Health Care Supplies–0.51%** |
| Medline Borrower L.P., | Medline Borrower L.P., |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 04/01/2029<sup>(b)</sup> <br>|  | $28000 | &nbsp;&nbsp; $26410 |
| &nbsp;&nbsp;&nbsp; 5.25%, 10/01/2029<sup>(b)</sup> <br>|  | 27000 | &nbsp;&nbsp; 26407 |
|  |  |  | &nbsp;&nbsp; 52817 |
| **Homebuilding–0.50%** | **Homebuilding–0.50%** | **Homebuilding–0.50%** | **Homebuilding–0.50%** |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Communities, Inc., <br> 5.13%, 08/01/2030<sup>(b)</sup> <br>|  | 54000 | &nbsp;&nbsp; 52688 |
| **Hotel & Resort REITs–2.02%** | **Hotel & Resort REITs–2.02%** | **Hotel & Resort REITs–2.02%** | **Hotel & Resort REITs–2.02%** |
| &nbsp;&nbsp;&nbsp; RHP Hotel Properties L.P./RHP Finance <br> Corp., 6.50%, 06/15/2033<sup>(b)</sup> <br>|  | 52000 | &nbsp;&nbsp; 52926 |
| &nbsp;&nbsp;&nbsp; RLJ Lodging Trust L.P., 4.00%, <br> 09/15/2029<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 51251 |
| Service Properties Trust, | Service Properties Trust, |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 12/15/2027 |  | 51000 | &nbsp;&nbsp; 49258 |
| &nbsp;&nbsp;&nbsp; 4.38%, 02/15/2030 |  | 71000 | &nbsp;&nbsp; 57315 |
|  |  |  | &nbsp;&nbsp; 210750 |
| **Hotels, Resorts & Cruise Lines–2.70%** | **Hotels, Resorts & Cruise Lines–2.70%** | **Hotels, Resorts & Cruise Lines–2.70%** | **Hotels, Resorts & Cruise Lines–2.70%** |
| Carnival Corp., | Carnival Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/01/2027<sup>(b)</sup> <br>|  | 35000 | &nbsp;&nbsp; 35109 |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/15/2031<sup>(b)</sup> <br>|  | 36000 | &nbsp;&nbsp; 36044 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/15/2033<sup>(b)</sup> <br>|  | 58000 | &nbsp;&nbsp; 58180 |
| &nbsp;&nbsp;&nbsp; Hilton Domestic Operating Co., Inc., <br> 5.88%, 03/15/2033<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 102760 |
| &nbsp;&nbsp;&nbsp; Royal Caribbean Cruises Ltd., 6.00%, <br> 02/01/2033<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 50211 |
|  |  |  | &nbsp;&nbsp; 282304 |
| **Household Appliances–0.50%** | **Household Appliances–0.50%** | **Household Appliances–0.50%** | **Household Appliances–0.50%** |
| Whirlpool Corp., 4.70%, 05/14/2032 |  | 57000 | &nbsp;&nbsp; 52405 |
| **Household Products–0.50%** | **Household Products–0.50%** | **Household Products–0.50%** | **Household Products–0.50%** |
| &nbsp;&nbsp;&nbsp; Energizer Holdings, Inc., 4.38%, <br> 03/31/2029<sup>(b)</sup> <br>|  | 55000 | &nbsp;&nbsp; 51726 |
| **Housewares & Specialties–0.50%** | **Housewares & Specialties–0.50%** | **Housewares & Specialties–0.50%** | **Housewares & Specialties–0.50%** |
| Newell Brands, Inc., 6.38%, 05/15/2030 |  | 55000 | &nbsp;&nbsp; 51807 |
| **Independent Power Producers & Energy Traders–1.84%** | **Independent Power Producers & Energy Traders–1.84%** | **Independent Power Producers & Energy Traders–1.84%** | **Independent Power Producers & Energy Traders–1.84%** |
| Calpine Corp., 5.13%, 03/15/2028<sup>(b)</sup> <br>|  | 79000 | &nbsp;&nbsp; 78363 |
| Vistra Corp., | Vistra Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%<sup>(b)(d)(f)</sup> <br>|  | 26000 | &nbsp;&nbsp; 26700 |
| &nbsp;&nbsp;&nbsp; Series C, 8.88%<sup>(b)(d)(f)</sup> <br>|  | 81000 | &nbsp;&nbsp; 87207 |
|  |  |  | &nbsp;&nbsp; 192270 |
| **Industrial Machinery & Supplies & Components–2.27%** | **Industrial Machinery & Supplies & Components–2.27%** | **Industrial Machinery & Supplies & Components–2.27%** | **Industrial Machinery & Supplies & Components–2.27%** |
| Enpro, Inc., 6.13%, 06/01/2033<sup>(b)</sup> <br>|  | 104000 | &nbsp;&nbsp; 105033 |
| ESAB Corp., 6.25%, 04/15/2029<sup>(b)</sup> <br>|  | 77000 | &nbsp;&nbsp; 78394 |
| &nbsp;&nbsp;&nbsp; Roller Bearing Co. of America, Inc., <br> 4.38%, 10/15/2029<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 53531 |
|  |  |  | &nbsp;&nbsp; 236958 |
| **Insurance Brokers–1.49%** | **Insurance Brokers–1.49%** | **Insurance Brokers–1.49%** | **Insurance Brokers–1.49%** |
| &nbsp;&nbsp;&nbsp; Alliant Holdings Intermediate LLC/Alliant <br> Holdings Co-Issuer, 7.00%, <br> 01/15/2031<sup>(b)</sup> <br>|  | 78000 | &nbsp;&nbsp; 79831 |
| &nbsp;&nbsp;&nbsp; HUB International Ltd., 7.25%, <br> 06/15/2030<sup>(b)</sup> <br>|  | 73000 | &nbsp;&nbsp; 76069 |
|  |  |  | &nbsp;&nbsp; 155900 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Integrated Telecommunication Services–3.55%** | **Integrated Telecommunication Services–3.55%** | **Integrated Telecommunication Services–3.55%** | **Integrated Telecommunication Services–3.55%** |
| &nbsp;&nbsp;&nbsp; Iliad Holding S.A.S.U. (France), 8.50%, <br> 04/15/2031<sup>(b)</sup> <br>|  | $200000 | &nbsp;&nbsp; $211242 |
| Level 3 Financing, Inc., | Level 3 Financing, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 10.50%, 04/15/2029<sup>(b)</sup> <br>|  | 10000 | &nbsp;&nbsp; 11275 |
| &nbsp;&nbsp;&nbsp; 11.00%, 11/15/2029<sup>(b)</sup> <br>|  | 18000 | &nbsp;&nbsp; 20442 |
| &nbsp;&nbsp;&nbsp; 10.50%, 05/15/2030<sup>(b)</sup> <br>|  | 19000 | &nbsp;&nbsp; 20829 |
| Telecom Italia Capital S.A. (Italy), | Telecom Italia Capital S.A. (Italy), |  |  |
| &nbsp;&nbsp;&nbsp; 6.38%, 11/15/2033 |  | 53000 | &nbsp;&nbsp; 53535 |
| &nbsp;&nbsp;&nbsp; 7.72%, 06/04/2038 |  | 51000 | &nbsp;&nbsp; 53312 |
|  |  |  | &nbsp;&nbsp; 370635 |
| **Leisure Products–0.51%** | **Leisure Products–0.51%** | **Leisure Products–0.51%** | **Leisure Products–0.51%** |
| &nbsp;&nbsp;&nbsp; Amer Sports Co. (Finland), 6.75%, <br> 02/16/2031<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 53068 |
| **Metal, Glass & Plastic Containers–2.43%** | **Metal, Glass & Plastic Containers–2.43%** | **Metal, Glass & Plastic Containers–2.43%** | **Metal, Glass & Plastic Containers–2.43%** |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance <br> USA LLC/Ardagh Metal Packaging <br> Finance PLC, 6.00%, 06/15/2027<sup>(b)</sup> <br>|  | 200000 | &nbsp;&nbsp; 200628 |
| &nbsp;&nbsp;&nbsp; OI European Group B.V., 4.75%, <br> 02/15/2030<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 53718 |
|  |  |  | &nbsp;&nbsp; 254346 |
| **Movies & Entertainment–0.98%** | **Movies & Entertainment–0.98%** | **Movies & Entertainment–0.98%** | **Movies & Entertainment–0.98%** |
| &nbsp;&nbsp;&nbsp; Lions Gate Capital Holdings 1, Inc., 5.50%, <br> 04/15/2029<sup>(b)</sup> <br>|  | 58000 | &nbsp;&nbsp; 51761 |
| &nbsp;&nbsp;&nbsp; WMG Acquisition Corp., 3.75%, <br> 12/01/2029<sup>(b)</sup> <br>|  | 55000 | &nbsp;&nbsp; 51166 |
|  |  |  | &nbsp;&nbsp; 102927 |
| **Multi-line Insurance–0.75%** | **Multi-line Insurance–0.75%** | **Multi-line Insurance–0.75%** | **Multi-line Insurance–0.75%** |
| &nbsp;&nbsp;&nbsp; Acrisure LLC/Acrisure Finance, Inc., <br> 7.50%, 11/06/2030<sup>(b)</sup> <br>|  | 76000 | &nbsp;&nbsp; 78474 |
| **Multi-Utilities–0.48%** | **Multi-Utilities–0.48%** | **Multi-Utilities–0.48%** | **Multi-Utilities–0.48%** |
| &nbsp;&nbsp;&nbsp; CenterPoint Energy, Inc., 6.70%, <br> 05/15/2055<sup>(d)</sup> <br>|  | 50000 | &nbsp;&nbsp; 50028 |
| **Oil & Gas Drilling–1.22%** | **Oil & Gas Drilling–1.22%** | **Oil & Gas Drilling–1.22%** | **Oil & Gas Drilling–1.22%** |
| &nbsp;&nbsp;&nbsp; Delek Logistics Partners L.P./Delek <br> Logistics Finance Corp., 7.13%, <br> 06/01/2028<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51384 |
| &nbsp;&nbsp;&nbsp; Summit Midstream Holdings LLC, 8.63%, <br> 10/31/2029<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51153 |
| Transocean, Inc., 8.75%, 02/15/2030<sup>(b)</sup> <br>|  | 24800 | &nbsp;&nbsp; 25161 |
|  |  |  | &nbsp;&nbsp; 127698 |
| **Oil & Gas Exploration & Production–2.26%** | **Oil & Gas Exploration & Production–2.26%** | **Oil & Gas Exploration & Production–2.26%** | **Oil & Gas Exploration & Production–2.26%** |
| &nbsp;&nbsp;&nbsp; Aethon United BR L.P./Aethon United <br> Finance Corp., 7.50%, 10/01/2029<sup>(b)</sup> <br>|  | 103000 | &nbsp;&nbsp; 105625 |
| &nbsp;&nbsp;&nbsp; Comstock Resources, Inc., 6.75%, <br> 03/01/2029<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 52285 |
| &nbsp;&nbsp;&nbsp; Kimmeridge Texas Gas LLC, 8.50%, <br> 02/15/2030<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 50454 |
| &nbsp;&nbsp;&nbsp; Transocean Titan Financing Ltd., 8.38%, <br> 02/01/2028<sup>(b)</sup> <br>|  | 27143 | &nbsp;&nbsp; 27585 |
|  |  |  | &nbsp;&nbsp; 235949 |
| **Oil & Gas Refining & Marketing–0.53%** | **Oil & Gas Refining & Marketing–0.53%** | **Oil & Gas Refining & Marketing–0.53%** | **Oil & Gas Refining & Marketing–0.53%** |
| Sunoco L.P., 6.25%, 07/01/2033<sup>(b)</sup> <br>|  | 55000 | &nbsp;&nbsp; 55044 |
| **Oil & Gas Storage & Transportation–4.48%** | **Oil & Gas Storage & Transportation–4.48%** | **Oil & Gas Storage & Transportation–4.48%** | **Oil & Gas Storage & Transportation–4.48%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Partners L.P./Antero <br> Midstream Finance Corp., 6.63%, <br> 02/01/2032<sup>(b)</sup> <br>|  | 50000 | &nbsp;&nbsp; 51109 |

---

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

**Invesco SMA High Yield Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** | **Oil & Gas Storage & Transportation–(continued)** |
| &nbsp;&nbsp;&nbsp; Excelerate Energy L.P., 8.00%, <br> 05/15/2030<sup>(b)</sup> <br>|  | $51000 | &nbsp;&nbsp; $52835 |
| &nbsp;&nbsp;&nbsp; Genesis Energy L.P./Genesis Energy Finance <br> Corp., | &nbsp;&nbsp;&nbsp; Genesis Energy L.P./Genesis Energy Finance <br> Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 8.88%, 04/15/2030 |  | 4000 | &nbsp;&nbsp; 4204 |
| &nbsp;&nbsp;&nbsp; 7.88%, 05/15/2032 |  | 9000 | &nbsp;&nbsp; 9122 |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/15/2033 |  | 39000 | &nbsp;&nbsp; 39607 |
| &nbsp;&nbsp;&nbsp; Howard Midstream Energy Partners LLC, <br> 7.38%, 07/15/2032<sup>(b)</sup> <br>|  | 46000 | &nbsp;&nbsp; 47640 |
| &nbsp;&nbsp;&nbsp; NFE Financing LLC, 12.00%, <br> 11/15/2029<sup>(b)</sup> <br>|  | 18000 | &nbsp;&nbsp; 7739 |
| &nbsp;&nbsp;&nbsp; Prairie Acquiror L.P., 9.00%, <br> 08/01/2029<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 51889 |
| &nbsp;&nbsp;&nbsp; Tallgrass Energy Partners L.P./Tallgrass <br> Energy Finance Corp., 7.38%, <br> 02/15/2029<sup>(b)</sup> <br>|  | 52000 | &nbsp;&nbsp; 52937 |
| Venture Global LNG, Inc., | Venture Global LNG, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 9.88%, 02/01/2032<sup>(b)</sup> <br>|  | 71000 | &nbsp;&nbsp; 75578 |
| &nbsp;&nbsp;&nbsp; 9.00%<sup>(b)(d)(f)</sup> <br>|  | 80500 | &nbsp;&nbsp; 76003 |
|  |  |  | &nbsp;&nbsp; 468663 |
| **Other Specialized REITs–0.50%** | **Other Specialized REITs–0.50%** | **Other Specialized REITs–0.50%** | **Other Specialized REITs–0.50%** |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc., 4.50%, <br> 02/15/2031<sup>(b)</sup> <br>|  | 56000 | &nbsp;&nbsp; 52526 |
| **Packaged Foods & Meats–0.50%** | **Packaged Foods & Meats–0.50%** | **Packaged Foods & Meats–0.50%** | **Packaged Foods & Meats–0.50%** |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc., 4.38%, <br> 01/31/2032<sup>(b)</sup> <br>|  | 57000 | &nbsp;&nbsp; 52625 |
| **Paper & Plastic Packaging Products & Materials–1.73%** | **Paper & Plastic Packaging Products & Materials–1.73%** | **Paper & Plastic Packaging Products & Materials–1.73%** | **Paper & Plastic Packaging Products & Materials–1.73%** |
| &nbsp;&nbsp;&nbsp; Clydesdale Acquisition Holdings, Inc., <br> 6.75%, 04/15/2032<sup>(b)</sup> <br>|  | 102000 | &nbsp;&nbsp; 103155 |
| Sealed Air Corp., | Sealed Air Corp., |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/2029<sup>(b)</sup> <br>|  | 53000 | &nbsp;&nbsp; 52075 |
| &nbsp;&nbsp;&nbsp; 6.88%, 07/15/2033<sup>(b)</sup> <br>|  | 24000 | &nbsp;&nbsp; 25160 |
|  |  |  | &nbsp;&nbsp; 180390 |
| **Passenger Airlines–0.73%** | **Passenger Airlines–0.73%** | **Passenger Airlines–0.73%** | **Passenger Airlines–0.73%** |
| &nbsp;&nbsp;&nbsp; American Airlines, Inc./AAdvantage Loyalty <br> IP Ltd., 5.75%, 04/20/2029<sup>(b)</sup> <br>|  | 78000 | &nbsp;&nbsp; 76643 |
| **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** | **Passenger Ground Transportation–0.06%** |
| &nbsp;&nbsp;&nbsp; Hertz Corp. (The), 12.63%, <br> 07/15/2029<sup>(b)</sup> <br>|  | 6000 | &nbsp;&nbsp; 6115 |
| **Pharmaceuticals–0.97%** | **Pharmaceuticals–0.97%** | **Pharmaceuticals–0.97%** | **Pharmaceuticals–0.97%** |
| &nbsp;&nbsp;&nbsp; 1261229 BC Ltd., 10.00%, <br> 04/15/2032<sup>(b)</sup> <br>|  | 38000 | &nbsp;&nbsp; 37645 |
| &nbsp;&nbsp;&nbsp; Bausch Health Cos., Inc., 11.00%, <br> 09/30/2028<sup>(b)</sup> <br>|  | 14000 | &nbsp;&nbsp; 13444 |
| &nbsp;&nbsp;&nbsp; Endo Finance Holdings, Inc., 8.50%, <br> 04/15/2031<sup>(b)</sup> <br>|  | 49000 | &nbsp;&nbsp; 50780 |
|  |  |  | &nbsp;&nbsp; 101869 |
| **Real Estate Development–1.01%** | **Real Estate Development–1.01%** | **Real Estate Development–1.01%** | **Real Estate Development–1.01%** |
| &nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC, <br> 8.88%, 09/01/2031<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 54585 |
| &nbsp;&nbsp;&nbsp; Greystar Real Estate Partners LLC, 7.75%, <br> 09/01/2030<sup>(b)</sup> <br>|  | 48000 | &nbsp;&nbsp; 50966 |
|  |  |  | &nbsp;&nbsp; 105551 |
| **Reinsurance–0.52%** | **Reinsurance–0.52%** | **Reinsurance–0.52%** | **Reinsurance–0.52%** |
| &nbsp;&nbsp;&nbsp; Global Atlantic (Fin) Co., 4.70%, <br> 10/15/2051<sup>(b)(d)</sup> <br>|  | 56000 | &nbsp;&nbsp; 54334 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Renewable Electricity–0.47%** | **Renewable Electricity–0.47%** | **Renewable Electricity–0.47%** | **Renewable Electricity–0.47%** |
| &nbsp;&nbsp;&nbsp; California Buyer Ltd./Atlantica Sustainable <br> Infrastructure PLC (United Kingdom), <br> 6.38%, 02/15/2032<sup>(b)</sup> <br>|  | $50000 | &nbsp;&nbsp; $49470 |
| **Security & Alarm Services–0.50%** | **Security & Alarm Services–0.50%** | **Security & Alarm Services–0.50%** | **Security & Alarm Services–0.50%** |
| Brink's Co. (The), 6.75%, 06/15/2032<sup>(b)</sup> <br>|  | 51000 | &nbsp;&nbsp; 52360 |
| **Single-Family Residential REITs–1.01%** | **Single-Family Residential REITs–1.01%** | **Single-Family Residential REITs–1.01%** | **Single-Family Residential REITs–1.01%** |
| &nbsp;&nbsp;&nbsp; Ashton Woods USA LLC/Ashton Woods <br> Finance Co., 6.63%, 01/15/2028<sup>(b)</sup> <br>|  | 105000 | &nbsp;&nbsp; 105528 |
| **Specialized Consumer Services–0.76%** | **Specialized Consumer Services–0.76%** | **Specialized Consumer Services–0.76%** | **Specialized Consumer Services–0.76%** |
| &nbsp;&nbsp;&nbsp; Carriage Services, Inc., 4.25%, <br> 05/15/2029<sup>(b)</sup> <br>|  | 85000 | &nbsp;&nbsp; 79605 |
| **Specialized Finance–0.73%** | **Specialized Finance–0.73%** | **Specialized Finance–0.73%** | **Specialized Finance–0.73%** |
| &nbsp;&nbsp;&nbsp; TrueNoord Capital DAC (Ireland), 8.75%, <br> 03/01/2030<sup>(b)</sup> <br>|  | 74000 | &nbsp;&nbsp; 76806 |
| **Specialty Chemicals–0.50%** | **Specialty Chemicals–0.50%** | **Specialty Chemicals–0.50%** | **Specialty Chemicals–0.50%** |
| &nbsp;&nbsp;&nbsp; Celanese US Holdings LLC, 7.20%, <br> 11/15/2033<br>|  | 50000 | &nbsp;&nbsp; 52235 |
| **Steel–0.68%** | **Steel–0.68%** | **Steel–0.68%** | **Steel–0.68%** |
| Cleveland-Cliffs, Inc., | Cleveland-Cliffs, Inc., |  |  |
| &nbsp;&nbsp;&nbsp; 5.88%, 06/01/2027 |  | 27000 | &nbsp;&nbsp; 26609 |
| &nbsp;&nbsp;&nbsp; 7.00%, 03/15/2032<sup>(b)</sup> <br>|  | 40000 | &nbsp;&nbsp; 34552 |
| &nbsp;&nbsp;&nbsp; 6.25%, 10/01/2040 |  | 14000 | &nbsp;&nbsp; 10193 |
|  |  |  | &nbsp;&nbsp; 71354 |
| **Systems Software–0.14%** | **Systems Software–0.14%** | **Systems Software–0.14%** | **Systems Software–0.14%** |
| &nbsp;&nbsp;&nbsp; Camelot Finance S.A., 4.50%, <br> 11/01/2026<sup>(b)</sup> <br>|  | 15000 | &nbsp;&nbsp; 14926 |
| **Technology Hardware, Storage & Peripherals–0.05%** | **Technology Hardware, Storage & Peripherals–0.05%** | **Technology Hardware, Storage & Peripherals–0.05%** | **Technology Hardware, Storage & Peripherals–0.05%** |
| &nbsp;&nbsp;&nbsp; Xerox Holdings Corp., 5.50%, <br> 08/15/2028<sup>(b)</sup> <br>|  | 7000 | &nbsp;&nbsp; 4918 |
| **Telecom Tower REITs–0.50%** | **Telecom Tower REITs–0.50%** | **Telecom Tower REITs–0.50%** | **Telecom Tower REITs–0.50%** |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp., 3.13%, <br> 02/01/2029<br>|  | 56000 | &nbsp;&nbsp; 52142 |
| **Trading Companies & Distributors–3.01%** | **Trading Companies & Distributors–3.01%** | **Trading Companies & Distributors–3.01%** | **Trading Companies & Distributors–3.01%** |
| Air Lease Corp., Series B, 4.65%<sup>(d)(f)</sup> <br>|  | 80000 | &nbsp;&nbsp; 78891 |
| Aircastle Ltd., 5.25%<sup>(b)(d)(f)</sup> <br>|  | 135000 | &nbsp;&nbsp; 134396 |
| &nbsp;&nbsp;&nbsp; H&E Equipment Services, Inc., 3.88%, <br> 12/15/2028<sup>(b)</sup> <br>|  | 101000 | &nbsp;&nbsp; 101838 |
|  |  |  | &nbsp;&nbsp; 315125 |
| **Wireless Telecommunication Services–1.01%** | **Wireless Telecommunication Services–1.01%** | **Wireless Telecommunication Services–1.01%** | **Wireless Telecommunication Services–1.01%** |
| &nbsp;&nbsp;&nbsp; Vodafone Group PLC (United Kingdom), <br> 4.13%, 06/04/2081<sup>(d)</sup> <br>|  | 117000 | &nbsp;&nbsp; 105294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $9,578,132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $9,578,132) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total U.S. Dollar Denominated Bonds & Notes <br> (Cost $9,578,132) | &nbsp;&nbsp; 9666812 |
| **Non-U.S. Dollar Denominated Bonds & Notes–3.54%**<sup>(g)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–3.54%**<sup>(g)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–3.54%**<sup>(g)</sup>  | **Non-U.S. Dollar Denominated Bonds & Notes–3.54%**<sup>(g)</sup>  |
| **Integrated Telecommunication Services–1.14%** | **Integrated Telecommunication Services–1.14%** | **Integrated Telecommunication Services–1.14%** | **Integrated Telecommunication Services–1.14%** |
| &nbsp;&nbsp;&nbsp; Eutelsat S.A. (France), 9.75%, <br> 04/13/2029<sup>(b)</sup> <br>| EUR | 100000 | &nbsp;&nbsp; 119459 |
| **Metal, Glass & Plastic Containers–1.11%** | **Metal, Glass & Plastic Containers–1.11%** | **Metal, Glass & Plastic Containers–1.11%** | **Metal, Glass & Plastic Containers–1.11%** |
| Ball Corp., 4.25%, 07/01/2032 | EUR | 100000 | &nbsp;&nbsp; 115560 |

---

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

**Invesco SMA High Yield Bond Fund**

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp; **Principal**<br> **Amount** | &nbsp;&nbsp; **Principal**<br> **Amount** | **Value** |
| **Wireless Telecommunication Services–1.29%** | **Wireless Telecommunication Services–1.29%** | **Wireless Telecommunication Services–1.29%** | **Wireless Telecommunication Services–1.29%** |
| &nbsp;&nbsp;&nbsp; VMED O2 UK Financing I PLC (United <br> Kingdom), 3.25%, 01/31/2031<sup>(b)</sup> <br>| EUR | 125000 | &nbsp;&nbsp; $135103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $336,803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $336,803) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Non-U.S. Dollar Denominated Bonds & Notes <br> (Cost $336,803) | &nbsp;&nbsp; 370122 |
|  | &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;&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; <br>**Shares** | &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;&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; <br>**Shares** |  |
| **Exchange-Traded Funds–2.99%** | **Exchange-Traded Funds–2.99%** | **Exchange-Traded Funds–2.99%** | **Exchange-Traded Funds–2.99%** |
| &nbsp;&nbsp;&nbsp; Invesco Senior Loan ETF <br>(Cost $311,700)<sup>(h)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Senior Loan ETF <br>(Cost $311,700)<sup>(h)</sup>  | 15000 | &nbsp;&nbsp; 312900 |
| **Money Market Funds–0.16%** | **Money Market Funds–0.16%** | **Money Market Funds–0.16%** | **Money Market Funds–0.16%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(h)(i)</sup>  | &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(h)(i)</sup>  | 5966 | &nbsp;&nbsp; 5966 |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; <br> **Shares** | &nbsp;&nbsp; <br> **Shares** | **Value** |
| **Money Market Funds–(continued)** | **Money Market Funds–(continued)** | **Money Market Funds–(continued)** |
| &nbsp;&nbsp;&nbsp; Invesco Treasury Portfolio, Institutional Class, <br> 4.22%<sup>(h)(i)</sup>  | 10917 | &nbsp;&nbsp; $10917 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $16,883) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Money Market Funds (Cost $16,883) | &nbsp;&nbsp; 16883 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–99.16% <br> (Cost $10,243,518) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES–99.16% <br> (Cost $10,243,518) | &nbsp;&nbsp; 10366717 |
| OTHER ASSETS LESS LIABILITIES—0.84% | OTHER ASSETS LESS LIABILITIES—0.84% | &nbsp;&nbsp; 87541 |
| NET ASSETS–100.00% | NET ASSETS–100.00% | &nbsp;&nbsp; $10454258 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| ETF | – Exchange-Traded Fund |
| EUR | – Euro |
| PIK | – Pay-in-Kind |
| REIT | – Real Estate Investment Trust |

---

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> Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at May 31, 2025 was $8,461,243, which represented 80.94% of the Fund's Net Assets. 

<sup>(c)</sup> All or a portion of this security is Pay-in-Kind. Pay-in-Kind securities pay interest income in the form of securities.

<sup>(d)</sup> Security issued at a fixed rate for a specific period of time, after which it will convert to a variable rate.

<sup>(e)</sup> Zero coupon bond issued at a discount.

<sup>(f)</sup> Perpetual bond with no specified maturity date.

<sup>(g)</sup> Foreign denominated security. Principal amount is denominated in the currency indicated.

<sup>(h)</sup> Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the three months ended May 31, 2025. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**February 28, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**May 31, 2025**<br>| **Dividend Income** |
| Invesco Senior Loan ETF | $- | &nbsp;&nbsp; $311700 | &nbsp;&nbsp; $- | &nbsp;&nbsp; $1200 | &nbsp;&nbsp; $- | &nbsp;&nbsp; $312900 | &nbsp;&nbsp; $4346 |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp; 111921 | &nbsp;&nbsp;&nbsp;&nbsp; 756363 | &nbsp;&nbsp;&nbsp;&nbsp; (862318) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; 5966 | &nbsp;&nbsp; 1308 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp; 207692 | &nbsp;&nbsp; 1404675 | &nbsp;&nbsp; (1601450) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 10917 | &nbsp;&nbsp; 2377 |
| Total | $319613 | &nbsp;&nbsp; $2472738 | &nbsp;&nbsp; $(2463768) | &nbsp;&nbsp; $1200 | &nbsp;&nbsp; $- | &nbsp;&nbsp; $329783 | &nbsp;&nbsp; $8031 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(i)</sup> The rate shown is the 7-day SEC standardized yield as of May 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** | **Open Forward Foreign Currency Contracts** |
| **Settlement** <br>**Date** | **Counterparty** | **Contract to** | **Contract to** | **Contract to** | **Contract to** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Settlement** <br>**Date** | **Counterparty** | **Deliver** | **Deliver** | **Receive** | **Receive** | &nbsp;&nbsp; **Unrealized** <br>**Appreciation** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)** |
| **Currency Risk** |  |  |  |  |  |  |
| 07/31/2025 | Barclays Bank PLC | EUR | 287000 | USD | 327905 | &nbsp;&nbsp;&nbsp; $792 |
| **Currency Risk** |  |  |  |  |  |  |
| 07/31/2025 | HSBC Bank USA | EUR | 100000 | USD | 112400 | &nbsp;&nbsp;&nbsp; (1577)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp; $(785)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

Abbreviations: <br> EUR – Euro <br> USD – U.S. Dollar

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

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

**Invesco SMA High Yield Bond Fund**

------

**Notes to Quarterly Schedule of Portfolio Holdings**

*May 31, 2025*

*(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. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

Level 3 – Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Advisers, Inc.'s assumptions about the factors market participants would use in determining fair value of the securities or instruments and would be based on the best available information.

The following is a summary of the tiered valuation input levels, as of May 31, 2025. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Level 1** | **Level 2** | **Level 3** | **Total** |
| <br>**Investments in Securities** |  |  |  |  |
| U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9666812 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $9666812 |
| Non-U.S. Dollar Denominated Bonds & Notes | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 370122 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 370122 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 312900 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 312900 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp; 16883 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16883 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; 329783 | &nbsp;&nbsp;&nbsp;&nbsp; 10036934 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10366717 |
| **Other Investments - Assets\*** |  |  |  |  |
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 792 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 792 |
| **Other Investments - Liabilities\*** |  |  |  |  |
| Forward Foreign Currency Contracts | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1577)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (1577)<br>|
| **Total Other Investments** | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (785)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (785)<br>|
| **Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp; $329783 | &nbsp;&nbsp;&nbsp;&nbsp; $10036149 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $10365932 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

\* Unrealized appreciation (depreciation).

**Invesco SMA High Yield Bond Fund**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AIM Investment Securities Funds (Invesco Investment Securities Funds)

- **b. Investment Company Act file number:** 811-05686

- **c. CIK number of Registrant:** 0000842790

- **d. LEI of Registrant:** G61U5I6LJJEX0O3SU057

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

  - **Street Address 1:** 11 Greenway Plaza

  - **City:** Houston

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77046-1173

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco SMA High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000079750

- **c. LEI of Series:** 549300HYCVC43OLK0S02

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**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:** $10641462.41

**Total Liabilities:** $184731.83

**Net Assets:** $10456730.58

**Delayed Delivery Securities:** $99146.25

**Cash Not Reported:** $13848.74

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -0.87900599 | **1-Year:** -46.29544865 | **5-Year:** -119.45253016 | **10-Year:** -172.00207022 | **30-Year:** -176.99956328

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -11.61914862 | **1-Year:** -435.47893872 | **5-Year:** -1880.94329786 | **10-Year:** -596.58984604 | **30-Year:** -11.88541015

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241067 | -0.88%               | -0.20%               | 1.50%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $21445.16                | $-175563.75                                |
| Month 2  | $-66298.38               | $-8750.02                                  |
| Month 3  | $-9495.31                | $109018.47                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays U.S. Corporate High Yield BB/B 2% Issuer Cap Index

- **Index Identifier:** 100% BB-US HY Ba/B 2% Iss cap

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Univision Communications Inc.                                               | Univision Communications Inc.                                               | CUSIP: 914906AX0<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     11000 | PA      | $10291.16     | 0.10%             | 2030-06-30      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| EnerSys                                                                     | EnerSys                                                                     | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     23000 | PA      | $23505.59     | 0.22%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cushman & Wakefield U.S. Borrower, LLC                                      | Cushman & Wakefield U.S. Borrower, LLC                                      | CUSIP: 23166MAC7<br>LEI: 549300870CMN3WI5IF97 | Long             | DBT              | CORP              | US        |     51000 | PA      | $54584.54     | 0.52%             | 2031-09-01      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                          | CHS/Community Health Systems, Inc.                                          | CUSIP: 12543DBM1<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     30000 | PA      | $27042.03     | 0.26%             | 2030-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Aircastle Ltd.                                                              | Aircastle Ltd.                                                              | CUSIP: 00928QAW1<br>LEI: 549300PNK8AKY3OIKP58 | Long             | DBT              | CORP              | BM        |    135000 | PA      | $134395.48    | 1.29%             | N/A             | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Allison Transmission, Inc.                                                  | Allison Transmission, Inc.                                                  | CUSIP: 019736AG2<br>LEI: MWKQ3I0U1GXP2YDSZW75 | Long             | DBT              | CORP              | US        |    114000 | PA      | $103573.86    | 0.99%             | 2031-01-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Starz Capital Holdings 1, Inc.                                              | Starz Capital Holdings 1, Inc.                                              | CUSIP: 535939AA0<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |     58000 | PA      | $51761.30     | 0.50%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                                      | GFL Environmental Inc.                                                      | CUSIP: 36168QAL8<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |    110000 | PA      | $105830.33    | 1.01%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings, LLC                                                 | Macy's Retail Holdings, LLC                                                 | CUSIP: 55617LAL6<br>LEI: 549300JMONK27O4SQQ19 | Long             | DBT              | CORP              | US        |     61000 | PA      | $51630.40     | 0.49%             | 2034-07-15      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                                         | Forward Foreign Currency Contract                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $102.92       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Navient Corp.                                                               | Navient Corp.                                                               | CUSIP: 63938CAN8<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     17000 | PA      | $18528.91     | 0.18%             | 2030-07-25      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners, LLC                                       | Howard Midstream Energy Partners, LLC                                       | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $47640.36     | 0.46%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                             | TransDigm, Inc.                                                             | CUSIP: 893647BW6<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     49000 | PA      | $48521.37     | 0.46%             | 2033-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Endo Finance Holdings, Inc.                                                 | Endo Finance Holdings, Inc.                                                 | CUSIP: 29281RAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     49000 | PA      | $50780.22     | 0.49%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                                                | Royal Caribbean Cruises Ltd.                                                | CUSIP: 780153BV3<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |     50000 | PA      | $50210.72     | 0.48%             | 2033-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                    | Service Properties Trust                                                    | CUSIP: 44106MAY8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     71000 | PA      | $57315.06     | 0.55%             | 2030-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sirius XM Radio LLC                                                         | Sirius XM Radio LLC                                                         | CUSIP: 82967NBA5<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |     52000 | PA      | $51494.38     | 0.49%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VMED 02 UK Financing I PLC                                                  | VMED 02 UK Financing I PLC                                                  | CUSIP: N/A<br>LEI: 213800MRR46ECNGZ7L69       | Long             | DBT              | CORP              | GB        |    125000 | PA      | $135102.95    | 1.29%             | 2031-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Eutelsat S.A.                                                               | Eutelsat S.A.                                                               | CUSIP: ZD9999388<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119458.44    | 1.14%             | 2029-04-13      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies, Inc.                                                  | Sensata Technologies, Inc.                                                  | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     53000 | PA      | $47116.88     | 0.45%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Cougar JV Subsidiary, LLC                                                   | Cougar JV Subsidiary, LLC                                                   | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $53620.48     | 0.51%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Delek Logistics Partners L.P./ Delek Logistics Finance Corp.                | Delek Logistics Partners L.P./ Delek Logistics Finance Corp.                | CUSIP: 24665FAC6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $51383.88     | 0.49%             | 2028-06-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Univision Communications Inc.                                               | Univision Communications Inc.                                               | CUSIP: 914906AU6<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |     41000 | PA      | $41026.34     | 0.39%             | 2027-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings Inc.                                                     | RB Global Holdings Inc.                                                     | CUSIP: 76774LAB3<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     75000 | PA      | $76691.67     | 0.73%             | 2028-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Energizer Holdings, Inc.                                                    | Energizer Holdings, Inc.                                                    | CUSIP: 29272WAD1<br>LEI: 5493000D6NN0V57UME20 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51726.37     | 0.49%             | 2029-03-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                       | OneMain Finance Corp.                                                       | CUSIP: 682691AH3<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     14000 | PA      | $14173.56     | 0.14%             | 2029-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Telecom Italia Capital S.A.                                                 | Telecom Italia Capital S.A.                                                 | CUSIP: 87927VAF5<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     53000 | PA      | $53535.25     | 0.51%             | 2033-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Sunrise FinCo I B.V.                                                        | Sunrise FinCo I B.V.                                                        | CUSIP: N/A<br>LEI: 213800MNFBDEQRS6HZ22       | Long             | DBT              | CORP              | NL        |    100000 | PA      | $114680.46    | 1.10%             | 2032-05-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Sinclair Television Group, Inc.                                             | Sinclair Television Group, Inc.                                             | CUSIP: 829259BH2<br>LEI: 549300CQGEN0CH65UD62 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10013.70     | 0.10%             | 2033-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                       | OneMain Finance Corp.                                                       | CUSIP: 682691AK6<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     35000 | PA      | $35261.50     | 0.34%             | 2032-09-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Studio City Finance Ltd.                                                    | Studio City Finance Ltd.                                                    | CUSIP: 86389QAG7<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $180860.59    | 1.73%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust                   | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                   | CUSIP: 00774MBK0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |    150000 | PA      | $153958.26    | 1.47%             | 2055-03-10      | Variable      | 6.95%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                                            | Sealed Air Corp.                                                            | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52075.15     | 0.50%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio                                                  | Invesco Treasury Portfolio, Institutional Class                             | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |     10917 | NS      | $10917.01     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Midstream Holdings, LLC                                              | Summit Midstream Holdings, LLC                                              | CUSIP: 86614JAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $51152.69     | 0.49%             | 2029-10-31      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Transocean Titan Financing Ltd.                                             | Transocean Titan Financing Ltd.                                             | CUSIP: 89386MAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |     27143 | PA      | $27585.22     | 0.26%             | 2028-02-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                        | Jane Street Group / JSG Finance Inc.                                        | CUSIP: 47077WAD0<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     89000 | PA      | $89210.04     | 0.85%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                              | Carnival Corp.                                                              | CUSIP: 143658BZ4<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     36000 | PA      | $36044.10     | 0.34%             | 2031-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II, LLC                                            | LCM Investments Holdings II, LLC                                            | CUSIP: 50190EAC8<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     50000 | PA      | $53052.45     | 0.51%             | 2031-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Kimmeridge Texas Gas, LLC                                                   | Kimmeridge Texas Gas, LLC                                                   | CUSIP: 49446BAA2<br>LEI: 254900LM244SIFQ1QY31 | Long             | DBT              | CORP              | US        |     51000 | PA      | $50453.79     | 0.48%             | 2030-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| OI European Group B.V.                                                      | OI European Group B.V.                                                      | CUSIP: 67777LAD5<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |     57000 | PA      | $53717.73     | 0.51%             | 2030-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Information Management Services, Inc.                         | Iron Mountain Information Management Services, Inc.                         | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $53983.19     | 0.52%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Uniti Group L.P./ Uniti Group Finance 2019 Inc / CSL Capital LLC            | Uniti Group L.P./ Uniti Group Finance 2019 Inc / CSL Capital LLC            | CUSIP: 91327TAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $48829.18     | 0.47%             | 2028-02-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                                  | Cloud Software Group, Inc.                                                  | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15787.68     | 0.15%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp.                                                        | Xerox Holdings Corp.                                                        | CUSIP: 98421MAB2<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |      7000 | PA      | $4917.95      | 0.05%             | 2028-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                                                | Diversified Healthcare Trust                                                | CUSIP: 25525PAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     82000 | PA      | $78817.42     | 0.75%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                        | Jane Street Group / JSG Finance Inc.                                        | CUSIP: 47077WAE8<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52336.56     | 0.50%             | 2033-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments LLC / Shift4 Payments Finance Sub Inc.                      | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc.                      | CUSIP: 82453AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $51046.09     | 0.49%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                    | Group 1 Automotive, Inc.                                                    | CUSIP: 398905AQ2<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52033.57     | 0.50%             | 2030-01-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners L.P./ Antero Midstream Finance Corp.              | Antero Midstream Partners L.P./ Antero Midstream Finance Corp.              | CUSIP: 03690AAK2<br>LEI: 529900HFO1BDEIT4QU11 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51108.90     | 0.49%             | 2032-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GFL Environmental Inc.                                                      | GFL Environmental Inc.                                                      | CUSIP: 36168QAM6<br>LEI: 549300FYK4MBXWIVZU26 | Long             | DBT              | CORP              | CA        |     55000 | PA      | $52425.20     | 0.50%             | 2028-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Calpine Corp.                                                               | Calpine Corp.                                                               | CUSIP: 131347CN4<br>LEI: 43R4VPJBXTU2O15HEF41 | Long             | DBT              | CORP              | US        |     79000 | PA      | $78362.70     | 0.75%             | 2028-03-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Global Atlantic (Fin) Co.                                                   | Global Atlantic (Fin) Co.                                                   | CUSIP: 37959GAC1<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |     56000 | PA      | $54333.96     | 0.52%             | 2051-10-15      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| CACI International Inc.                                                     | CACI International Inc.                                                     | CUSIP: 127190AE6<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | DBT              | CORP              | US        |     12000 | PA      | $12248.28     | 0.12%             | 2033-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| EnerSys                                                                     | EnerSys                                                                     | CUSIP: 29275YAC6<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     57000 | PA      | $55199.97     | 0.53%             | 2027-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Camelot Finance S.A.                                                        | Camelot Finance S.A.                                                        | CUSIP: 13323AAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     15000 | PA      | $14925.65     | 0.14%             | 2026-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Invesco Senior Loan ETF                                                     | Invesco Senior Loan ETF                                                     | CUSIP: 46138G508<br>LEI: 549300SIHU6DQELRNG59 | Long             | EC               | RF                | US        |     15000 | NS      | $312900.00    | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings, Inc.                                                  | Lamb Weston Holdings, Inc.                                                  | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     57000 | PA      | $52624.51     | 0.50%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties L.P./ RHP Finance Corp.                                | RHP Hotel Properties L.P./ RHP Finance Corp.                                | CUSIP: 749571AL9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     52000 | PA      | $52926.34     | 0.51%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                              | Carnival Corp.                                                              | CUSIP: 143658BN1<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     35000 | PA      | $35109.42     | 0.34%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Clarios Global L.P./ Clarios US Finance Co.                                 | Clarios Global L.P./ Clarios US Finance Co.                                 | CUSIP: 18060TAD7<br>LEI: 549300474L1ZLXZY2P98 | Long             | DBT              | CORP              | US        |     51000 | PA      | $51982.01     | 0.50%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Clear Channel Outdoor Holdings, Inc.                                        | Clear Channel Outdoor Holdings, Inc.                                        | CUSIP: 18453HAA4<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |     57000 | PA      | $55797.72     | 0.53%             | 2027-08-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Gray Media, Inc.                                                            | Gray Media, Inc.                                                            | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10643.56     | 0.10%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| WMG Acquisition Corp.                                                       | WMG Acquisition Corp.                                                       | CUSIP: 92933BAT1<br>LEI: 549300NAS11NXI33CP80 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51165.74     | 0.49%             | 2029-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NESCO Holdings II, Inc.                                                     | NESCO Holdings II, Inc.                                                     | CUSIP: 64083YAA9<br>LEI: 254900FAHT0HW9T6L409 | Long             | DBT              | CORP              | US        |     82000 | PA      | $77321.04     | 0.74%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Acrisure LLC / Acrisure Finance Inc.                                        | Acrisure LLC / Acrisure Finance Inc.                                        | CUSIP: 00489LAL7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     76000 | PA      | $78473.73     | 0.75%             | 2030-11-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                                            | Sealed Air Corp.                                                            | CUSIP: 81211KAK6<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     24000 | PA      | $25159.85     | 0.24%             | 2033-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PHINIA Inc.                                                                 | PHINIA Inc.                                                                 | CUSIP: 71880KAA9<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24560.69     | 0.23%             | 2029-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                                    | Celanese US Holdings LLC                                                    | CUSIP: 15089QAY0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     50000 | PA      | $52234.50     | 0.50%             | 2033-11-15      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Roller Bearing Co. of America, Inc.                                         | Roller Bearing Co. of America, Inc.                                         | CUSIP: 775631AD6<br>LEI: 254900U9XW6S76H2P167 | Long             | DBT              | CORP              | US        |     56000 | PA      | $53531.01     | 0.51%             | 2029-10-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc.                                                          | Iron Mountain Inc.                                                          | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     56000 | PA      | $52526.01     | 0.50%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Comstock Resources, Inc.                                                    | Comstock Resources, Inc.                                                    | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52285.09     | 0.50%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Ball Corp.                                                                  | Ball Corp.                                                                  | CUSIP: N/A<br>LEI: 0BGI85ALH27ZJP15DY16       | Long             | DBT              | CORP              | US        |    100000 | PA      | $115560.44    | 1.11%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                   | Vistra Operations Co. LLC                                                   | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     70000 | PA      | $74267.41     | 0.71%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Aethon United BR L.P./ Aethon United Finance Corp.                          | Aethon United BR L.P./ Aethon United Finance Corp.                          | CUSIP: 00810GAD6<br>LEI: 5493007HPG2M9K9X5V41 | Long             | DBT              | CORP              | US        |    103000 | PA      | $105624.85    | 1.01%             | 2029-10-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Clarivate Science Holdings Corp.                                            | Clarivate Science Holdings Corp.                                            | CUSIP: 18064PAD1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $52768.74     | 0.50%             | 2029-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Hertz Corp. (The)                                                           | Hertz Corp. (The)                                                           | CUSIP: 428040DC0<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |      6000 | PA      | $6115.28      | 0.06%             | 2029-07-15      | Fixed         | 12.62%                | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     95000 | PA      | $94079.31     | 0.90%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                     | Level 3 Financing, Inc.                                                     | CUSIP: 527298BU6<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     19000 | PA      | $20828.75     | 0.20%             | 2030-05-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                                     | SS&C Technologies, Inc.                                                     | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28771.32     | 0.28%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EnPro Inc.                                                                  | EnPro Inc.                                                                  | CUSIP: 29355XAH0<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | DBT              | CORP              | US        |    104000 | PA      | $105033.49    | 1.00%             | 2033-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P. / Genesis Energy Finance Corp.                          | Genesis Energy L.P. / Genesis Energy Finance Corp.                          | CUSIP: 37185LAN2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4000 | PA      | $4203.71      | 0.04%             | 2030-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                     | Level 3 Financing, Inc.                                                     | CUSIP: 527298BV4<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     18000 | PA      | $20441.98     | 0.20%             | 2029-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Carnival Corp.                                                              | Carnival Corp.                                                              | CUSIP: 143658BX9<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | DBT              | CORP              | PA        |     58000 | PA      | $58179.48     | 0.56%             | 2033-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                       | Cleveland-Cliffs Inc.                                                       | CUSIP: 18683KAC5<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     14000 | PA      | $10192.85     | 0.10%             | 2040-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Navient Corp.                                                               | Navient Corp.                                                               | CUSIP: 63938CAK4<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |     38000 | PA      | $37637.41     | 0.36%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer              | CUSIP: 01883LAF0<br>LEI: 5493006Q26653NF8SI73 | Long             | DBT              | CORP              | US        |     78000 | PA      | $79830.58     | 0.76%             | 2031-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NFE Financing LLC                                                           | NFE Financing LLC                                                           | CUSIP: 62909BAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $7738.81      | 0.07%             | 2029-11-15      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Whirlpool Corp.                                                             | Whirlpool Corp.                                                             | CUSIP: 963320AZ9<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |     57000 | PA      | $52404.56     | 0.50%             | 2032-05-14      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Lithia Motors, Inc.                                                         | Lithia Motors, Inc.                                                         | CUSIP: 536797AF0<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     56000 | PA      | $52523.06     | 0.50%             | 2031-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Walker & Dunlop, Inc.                                                       | Walker & Dunlop, Inc.                                                       | CUSIP: 93148PAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     51000 | PA      | $51688.15     | 0.49%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Bausch Health Cos. Inc.                                                     | Bausch Health Cos. Inc.                                                     | CUSIP: 071734AQ0<br>LEI: B3BS7ACMDUWISF18KY76 | Long             | DBT              | CORP              | CA        |     14000 | PA      | $13444.20     | 0.13%             | 2028-09-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                                       | Clydesdale Acquisition Holdings, Inc.                                       | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    102000 | PA      | $103155.47    | 0.99%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                                               | Freedom Mortgage Holdings LLC                                               | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     26000 | PA      | $25698.59     | 0.25%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| California Buyer Ltd. / Atlantica Sustainable Infrastructure PLC            | California Buyer Ltd. / Atlantica Sustainable Infrastructure PLC            | CUSIP: 13005HAA8<br>LEI: 549300ITBBGKJ651R879 | Long             | DBT              | CORP              | GB        |     50000 | PA      | $49470.02     | 0.47%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                        | Jane Street Group / JSG Finance Inc.                                        | CUSIP: 47077WAC2<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     41000 | PA      | $42856.81     | 0.41%             | 2031-04-30      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Excelerate Energy L.P.                                                      | Excelerate Energy L.P.                                                      | CUSIP: 30069UAA6<br>LEI: LGL4IE90TNTFYJ55BK06 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52835.05     | 0.51%             | 2030-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Provident Funding Associates L.P./ PFG Finance Corp.                        | Provident Funding Associates L.P./ PFG Finance Corp.                        | CUSIP: 74387UAK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     74000 | PA      | $77088.76     | 0.74%             | 2029-09-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                       | Cleveland-Cliffs Inc.                                                       | CUSIP: 185899AH4<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26609.60     | 0.25%             | 2027-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PHINIA Inc.                                                                 | PHINIA Inc.                                                                 | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26866.15     | 0.26%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                                | Kohl's Corp.                                                                | CUSIP: 500255AY0<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |      5000 | PA      | $5139.51      | 0.05%             | 2030-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                    | Venture Global LNG, Inc.                                                    | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     80500 | PA      | $76003.32     | 0.73%             | N/A             | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                                    | Lumen Technologies, Inc.                                                    | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     10000 | PA      | $10268.50     | 0.10%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Ashton Woods USA LLC / Ashton Woods Finance Co.                             | Ashton Woods USA LLC / Ashton Woods Finance Co.                             | CUSIP: 045086AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    105000 | PA      | $105528.26    | 1.01%             | 2028-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                                             | FirstCash, Inc.                                                             | CUSIP: 31944TAA8<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24845.37     | 0.24%             | 2030-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings, LLC                                             | Jefferson Capital Holdings, LLC                                             | CUSIP: 472481AB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $53127.20     | 0.51%             | 2029-02-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                                              | Walgreens Boots Alliance, Inc.                                              | CUSIP: 931427AC2<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |      5000 | PA      | $4621.89      | 0.04%             | 2044-11-18      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| GGAM Finance Ltd.                                                           | GGAM Finance Ltd.                                                           | CUSIP: 36170JAD8<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |    102000 | PA      | $104161.38    | 1.00%             | 2029-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Lithia Motors, Inc.                                                         | Lithia Motors, Inc.                                                         | CUSIP: 536797AE3<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | DBT              | CORP              | US        |     53000 | PA      | $52318.63     | 0.50%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.              | Tallgrass Energy Partners L.P./ Tallgrass Energy Finance Corp.              | CUSIP: 87470LAL5<br>LEI: 549300IQ3DN0F3VERF65 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52936.68     | 0.51%             | 2029-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                                     | Level 3 Financing, Inc.                                                     | CUSIP: 527298BX0<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     10000 | PA      | $11275.00     | 0.11%             | 2029-04-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance L.P.                                           | Northriver Midstream Finance L.P.                                           | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |     51000 | PA      | $51508.27     | 0.49%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings Inc.                                           | Nationstar Mortgage Holdings Inc.                                           | CUSIP: 63861CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     49000 | PA      | $49943.20     | 0.48%             | 2029-08-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Jefferson Capital Holdings, LLC                                             | Jefferson Capital Holdings, LLC                                             | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     25000 | PA      | $25609.03     | 0.24%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                                             | FirstCash, Inc.                                                             | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     77000 | PA      | $79021.90     | 0.76%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                             | TransDigm, Inc.                                                             | CUSIP: 893647BS5<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     24000 | PA      | $24766.63     | 0.24%             | 2030-12-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp.                                                           | Duke Energy Corp.                                                           | CUSIP: 26441CCG8<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |     53000 | PA      | $53672.44     | 0.51%             | 2054-09-01      | Variable      | 6.45%                 | No            |                  2 | On Loan: No      |
| N/A                                                                         | Forward Foreign Currency Contract                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $-1577.04     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Greystar Real Estate Partners, LLC                                          | Greystar Real Estate Partners, LLC                                          | CUSIP: 39807UAD8<br>LEI: 254900HGC806SXAS4M46 | Long             | DBT              | CORP              | US        |     48000 | PA      | $50966.50     | 0.49%             | 2030-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Iliad Holding                                                               | Iliad Holding                                                               | CUSIP: 449691AF1<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $211241.85    | 2.02%             | 2031-04-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| SBA Communications Corp.                                                    | SBA Communications Corp.                                                    | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |     56000 | PA      | $52141.68     | 0.50%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                                    | Venture Global LNG, Inc.                                                    | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |     71000 | PA      | $75577.44     | 0.72%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Entergy Corp.                                                               | Entergy Corp.                                                               | CUSIP: 29364GAQ6<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52268.98     | 0.50%             | 2054-12-01      | Variable      | 7.12%                 | No            |                  2 | On Loan: No      |
| DaVita Inc.                                                                 | DaVita Inc.                                                                 | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26428.92     | 0.25%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Sunoco L.P.                                                                 | Sunoco L.P.                                                                 | CUSIP: 86765KAD1<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     55000 | PA      | $55043.54     | 0.53%             | 2033-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DaVita Inc.                                                                 | DaVita Inc.                                                                 | CUSIP: 23918KAY4<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25275.30     | 0.24%             | 2033-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                                                          | Vodafone Group PLC                                                          | CUSIP: 92857WBW9<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    117000 | PA      | $105294.21    | 1.01%             | 2081-06-04      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Amer Sports Co.                                                             | Amer Sports Co.                                                             | CUSIP: 02352NAA7<br>LEI: 549300NRKH9WF70VFC95 | Long             | DBT              | CORP              | US        |     51000 | PA      | $53067.56     | 0.51%             | 2031-02-16      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor Inc.                   | Directv Financing LLC / Directv Financing Co-Obligor Inc.                   | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     26000 | PA      | $25610.74     | 0.24%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                             | TransDigm, Inc.                                                             | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50877.35     | 0.49%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| H&E Equipment Services, Inc.                                                | H&E Equipment Services, Inc.                                                | CUSIP: 404030AJ7<br>LEI: 254900KVLRCDMQRYY541 | Long             | DBT              | CORP              | US        |    101000 | PA      | $101838.20    | 0.97%             | 2028-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Transocean Inc.                                                             | Transocean Inc.                                                             | CUSIP: 893830BX6<br>LEI: DOL4HJ22ADYSIWES4H94 | Long             | DBT              | CORP              | KY        |     24800 | PA      | $25160.96     | 0.24%             | 2030-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Jane Street Group / JSG Finance Inc.                                        | Jane Street Group / JSG Finance Inc.                                        | CUSIP: 47077WAA6<br>LEI: 5493002N1IVX6KHGYO08 | Long             | DBT              | CORP              | US        |     53000 | PA      | $51091.53     | 0.49%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     63000 | PA      | $54427.78     | 0.52%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| EMRLD Borrower L.P./ Emerald Co-Issuer Inc.                                 | EMRLD Borrower L.P./ Emerald Co-Issuer Inc.                                 | CUSIP: 29103CAA6<br>LEI: 5493000GJYE7GAQCUC61 | Long             | DBT              | CORP              | US        |     77000 | PA      | $77875.00     | 0.74%             | 2030-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs Inc.                                                       | Cleveland-Cliffs Inc.                                                       | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |     40000 | PA      | $34551.90     | 0.33%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                         | Forward Foreign Currency Contract                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |         1 | NC      | $689.04       | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                   | Vistra Operations Co. LLC                                                   | CUSIP: 92840VAB8<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     71000 | PA      | $70997.34     | 0.68%             | 2027-02-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                     | Icahn Enterprises L.P./ Icahn Enterprises Finance Corp.                     | CUSIP: 451102CJ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     18000 | PA      | $16334.56     | 0.16%             | 2030-06-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                                    | Service Properties Trust                                                    | CUSIP: 81761LAB8<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     51000 | PA      | $49257.59     | 0.47%             | 2027-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | CUSIP: 03969YAC2<br>LEI: 635400YUJMWFYRBL5293 | Long             | DBT              | CORP              | US        |    200000 | PA      | $200628.60    | 1.92%             | 2027-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Directv Financing LLC / Directv Financing Co-Obligor Inc.                   | Directv Financing LLC / Directv Financing Co-Obligor Inc.                   | CUSIP: 25461LAD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     27000 | PA      | $26298.60     | 0.25%             | 2031-02-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                           | Genesis Energy L.P./ Genesis Energy Finance Corp.                           | CUSIP: 37185LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     39000 | PA      | $39607.27     | 0.38%             | 2033-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Forvia SE                                                                   | Forvia SE                                                                   | CUSIP: 31209DAA3<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |     40000 | PA      | $40686.92     | 0.39%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                                                | Vistra Corp.                                                                | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     26000 | PA      | $26700.36     | 0.26%             | N/A             | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co. Inc.                                          | Hilton Domestic Operating Co. Inc.                                          | CUSIP: 432833AR2<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    102000 | PA      | $102760.41    | 0.98%             | 2033-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Select Medical Corp.                                                        | Select Medical Corp.                                                        | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49596.52     | 0.47%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Carvana Co.                                                                 | Carvana Co.                                                                 | CUSIP: 146869AM4<br>LEI: 5493003WEAK2PJ5WS063 | Long             | DBT              | CORP              | US        |     47000 | PA      | $54548.71     | 0.52%             | 2031-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                                      | HUB International Ltd.                                                      | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |     73000 | PA      | $76069.43     | 0.73%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities, Inc.                                           | Taylor Morrison Communities, Inc.                                           | CUSIP: 87724RAJ1<br>LEI: 549300O1Z08HI2MRK572 | Long             | DBT              | CORP              | US        |     54000 | PA      | $52688.19     | 0.50%             | 2030-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LCM Investments Holdings II, LLC                                            | LCM Investments Holdings II, LLC                                            | CUSIP: 50190EAA2<br>LEI: 549300P5V78NNQTG4428 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26995.40     | 0.26%             | 2029-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Viking Cruises Ltd.                                                         | Viking Cruises Ltd.                                                         | CUSIP: 92676XAF4<br>LEI: 549300IJP90T4MV2GL84 | Long             | DBT              | CORP              | BM        |     51000 | PA      | $51392.15     | 0.49%             | 2029-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                                                  | Cloud Software Group, Inc.                                                  | CUSIP: 88632QAE3<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |     37000 | PA      | $36989.27     | 0.35%             | 2029-03-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                                       | Invesco Government & Agency Portfolio, Institutional Class                  | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |      5966 | NS      | $5965.91      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ESAB Corp.                                                                  | ESAB Corp.                                                                  | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |     77000 | PA      | $78393.70     | 0.75%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| EZCORP, Inc.                                                                | EZCORP, Inc.                                                                | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |    100000 | PA      | $104025.10    | 0.99%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Genesis Energy L.P./ Genesis Energy Finance Corp.                           | Genesis Energy L.P./ Genesis Energy Finance Corp.                           | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      9000 | PA      | $9121.90      | 0.09%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $54656.20     | 0.52%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Prairie Acquiror L.P.                                                       | Prairie Acquiror L.P.                                                       | CUSIP: 73943NAA4<br>LEI: 254900Q6KU2LVSIISH22 | Long             | DBT              | CORP              | US        |     51000 | PA      | $51889.03     | 0.50%             | 2029-08-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| New Gold Inc.                                                               | New Gold Inc.                                                               | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |    104000 | PA      | $106327.73    | 1.02%             | 2032-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Vistra Corp.                                                                | Vistra Corp., Series C                                                      | CUSIP: 92840MAD4<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |     81000 | PA      | $87207.35     | 0.83%             | N/A             | Variable      | 8.88%                 | No            |                  2 | On Loan: No      |
| Newell Brands Inc.                                                          | Newell Brands Inc.                                                          | CUSIP: 651229BF2<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     55000 | PA      | $51806.96     | 0.50%             | 2030-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                                      | Tenet Healthcare Corp.                                                      | CUSIP: 88033GDK3<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48101.90     | 0.46%             | 2028-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                          | CHS/Community Health Systems, Inc.                                          | CUSIP: 12543DBK5<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     35000 | PA      | $29988.18     | 0.29%             | 2031-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| RB Global Holdings Inc.                                                     | RB Global Holdings Inc.                                                     | CUSIP: 76774LAC1<br>LEI: 254900LH3N0EGB1LQ203 | Long             | DBT              | CORP              | US        |     72000 | PA      | $75459.78     | 0.72%             | 2031-03-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| 1261229 B.C. Ltd.                                                           | 1261229 B.C. Ltd.                                                           | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     38000 | PA      | $37644.39     | 0.36%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TrueNoord Capital DAC                                                       | TrueNoord Capital DAC                                                       | CUSIP: 89785GAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |     74000 | PA      | $76806.30     | 0.73%             | 2030-03-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CHS/Community Health Systems, Inc.                                          | CHS/Community Health Systems, Inc.                                          | CUSIP: 12543DBG4<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |     27000 | PA      | $26621.77     | 0.25%             | 2027-03-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Windstream Services LLC / Windstream Escrow Finance Corp.                   | Windstream Services LLC / Windstream Escrow Finance Corp.                   | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52073.80     | 0.50%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| American Airlines Inc./AAdvantage Loyalty IP Ltd.                           | American Airlines Inc./AAdvantage Loyalty IP Ltd.                           | CUSIP: 00253XAB7<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | DBT              | CORP              | US        |     78000 | PA      | $76643.01     | 0.73%             | 2029-04-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                       | OneMain Finance Corp.                                                       | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     34000 | PA      | $30624.52     | 0.29%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Saks Global Enterprises LLC                                                 | Saks Global Enterprises LLC                                                 | CUSIP: 79380MAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $25340.00     | 0.24%             | 2029-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Telecom Italia Capital S.A.                                                 | Telecom Italia Capital S.A.                                                 | CUSIP: 87927VAV0<br>LEI: 549300777DJZOR5C4L39 | Long             | DBT              | CORP              | LU        |     51000 | PA      | $53312.39     | 0.51%             | 2038-06-04      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| Group 1 Automotive, Inc.                                                    | Group 1 Automotive, Inc.                                                    | CUSIP: 398905AN9<br>LEI: 549300US8QAZJLWYAF63 | Long             | DBT              | CORP              | US        |     56000 | PA      | $53709.63     | 0.51%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tenet Healthcare Corp.                                                      | Tenet Healthcare Corp.                                                      | CUSIP: 88033GDU1<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    102000 | PA      | $105129.05    | 1.01%             | 2031-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Brookfield Infrastructure Finance ULC                                       | Brookfield Infrastructure Finance ULC                                       | CUSIP: 11276BAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     54000 | PA      | $53494.35     | 0.51%             | 2055-03-15      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings Inc.                                           | Nationstar Mortgage Holdings Inc.                                           | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $52101.90     | 0.50%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                                       | OneMain Finance Corp.                                                       | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24880.11     | 0.24%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp.                                                             | Air Lease Corp., Series B                                                   | CUSIP: 00912XBJ2<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78891.06     | 0.75%             | N/A             | Variable      | 4.65%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                                     | SS&C Technologies, Inc.                                                     | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24987.75     | 0.24%             | 2027-09-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PennyMac Financial Services, Inc.                                           | PennyMac Financial Services, Inc.                                           | CUSIP: 70932MAB3<br>LEI: 549300W1D516HBDEU871 | Long             | DBT              | CORP              | US        |     28000 | PA      | $26602.72     | 0.25%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Walgreens Boots Alliance, Inc.                                              | Walgreens Boots Alliance, Inc.                                              | CUSIP: 931427AT5<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |      6000 | PA      | $5103.02      | 0.05%             | 2050-04-15      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Kohl's Corp.                                                                | Kohl's Corp.                                                                | CUSIP: 500255AX2<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |     33000 | PA      | $21155.42     | 0.20%             | 2031-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                                   | Vistra Operations Co. LLC                                                   | CUSIP: 92840VAF9<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     22000 | PA      | $21949.63     | 0.21%             | 2027-07-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                                             | TransDigm, Inc.                                                             | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |     28000 | PA      | $28999.63     | 0.28%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Brink's Co. (The)                                                           | Brink's Co. (The)                                                           | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     51000 | PA      | $52359.86     | 0.50%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST, L.P.                                                     | RLJ LODGING TRUST, L.P.                                                     | CUSIP: 74965LAB7<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              | CORP              | US        |     56000 | PA      | $51251.06     | 0.49%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Carriage Services, Inc.                                                     | Carriage Services, Inc.                                                     | CUSIP: 143905AP2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     85000 | PA      | $79605.37     | 0.76%             | 2029-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                                    | CenterPoint Energy, Inc.                                                    | CUSIP: 15189TBP1<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50027.79     | 0.48%             | 2055-05-15      | Variable      | 6.70%                 | No            |                  2 | On Loan: No      |
| CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CCO Holdings, LLC/CCO Holdings Capital Corp.                                | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     61000 | PA      | $55562.98     | 0.53%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Fair Isaac Corp.                                                            | Fair Isaac Corp.                                                            | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |     52000 | PA      | $52031.83     | 0.50%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hudbay Minerals Inc.                                                        | Hudbay Minerals Inc.                                                        | CUSIP: 443628AH5<br>LEI: 549300WI524AL577IX21 | Long             | DBT              | CORP              | CA        |     52000 | PA      | $52170.92     | 0.50%             | 2029-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** AIM Investment Securities Funds (Invesco Investment Securities Funds)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer