# EDGAR Filing Document

**Accession Number:** 0001112996
**File Stem:** 0001752724-25-183695
**Filing Date:** 2025-7
**Character Count:** 64293
**Document Hash:** 2efe5bf83ee058824988a4d5dcdac60f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183695.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183695

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
- **CENTRAL INDEX KEY:** 0001112996

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09913
- **FILM NUMBER:** 251166442

**BUSINESS ADDRESS:**
- **STREET 1:** 11 GREENWAY PLAZA
- **STREET 2:** SUITE 1000
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77046
- **BUSINESS PHONE:** 713-626-1919

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES TRUST
- **DATE OF NAME CHANGE:** 20040322

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS
- **DATE OF NAME CHANGE:** 20031126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIM COUNSELOR SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 20031001

## Series and Classes Contracts Data

### Invesco SMA Municipal Bond Fund (Series ID: S000079749)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000241066 | Invesco SMA Municipal Bond Fund |  |

## Nport-Ex

**Schedule of Investments** 

*May 31, 2025*

*(Unaudited)* 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Municipal Obligations–68.19%** | **Municipal Obligations–68.19%** | **Municipal Obligations–68.19%** | **Municipal Obligations–68.19%** | **Municipal Obligations–68.19%** |
| **Arizona–1.35%** | **Arizona–1.35%** | **Arizona–1.35%** | **Arizona–1.35%** | **Arizona–1.35%** |
| &nbsp;&nbsp;&nbsp; Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2019, Ref. <br> RB<sup>(a)</sup> <br>| 5.00% | 07/01/2039 | $250 | &nbsp;&nbsp; $250345 |
| Phoenix (City of), AZ Industrial Development Authority (Legacy Traditional Schools); Series 2016, RB<sup>(a)</sup> <br>| 5.00% | 07/01/2046 | 1000 | &nbsp;&nbsp; 932109 |
|  |  |  |  | &nbsp;&nbsp; 1182454 |
| **California–6.08%** | **California–6.08%** | **California–6.08%** | **California–6.08%** | **California–6.08%** |
| California (State of) Housing Finance Agency; Series 2019 A-2, RB | 4.00% | 03/20/2033 | 216 | &nbsp;&nbsp; 214849 |
| &nbsp;&nbsp;&nbsp; California (State of) Infrastructure & Economic Development Bank (Brightline West Passenger Rail) (Green <br> Bonds); Series 2025 B, Ref. RB<sup>(a)(b)(c)</sup> <br>| 9.50% | 01/01/2035 | 750 | &nbsp;&nbsp; 726954 |
| California (State of) Municipal Finance Authority (Eisenhower Medical Centers); Series 2017 B, Ref. RB | 5.00% | 07/01/2037 | 1105 | &nbsp;&nbsp; 1103615 |
| California (State of) Statewide Communities Development Authority (California Baptist University); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2014 A, RB<sup>(a)(c)(d)</sup> <br>| 6.13% | 06/19/2025 | 225 | &nbsp;&nbsp; 225314 |
| &nbsp;&nbsp;&nbsp; Series 2025, Ref. RB<sup>(a)</sup> <br>| 5.38% | 11/01/2045 | 500 | &nbsp;&nbsp; 503173 |
| &nbsp;&nbsp;&nbsp; California (State of) Statewide Communities Development Authority (Loma Linda University Medical <br> Center); Series 2014, RB<br>| 5.50% | 12/01/2054 | 500 | &nbsp;&nbsp; 487739 |
| Irvine Ranch Water District; Series 2009 A, VRD RB<sup>(e)</sup> <br>| 0.75% | 10/01/2041 | 2080 | &nbsp;&nbsp; 2080000 |
|  |  |  |  | &nbsp;&nbsp; 5341644 |
| **Florida–4.83%** | **Florida–4.83%** | **Florida–4.83%** | **Florida–4.83%** | **Florida–4.83%** |
| Capital Projects Finance Authority (Kissimmee Charter Academy); Series 2024, RB<sup>(a)</sup> <br>| 6.13% | 06/15/2044 | 250 | &nbsp;&nbsp; 254193 |
| Capital Projects Finance Authority (Millenia Orlando); Series 2025 A, RB<sup>(a)</sup> <br>| 6.00% | 01/01/2035 | 500 | &nbsp;&nbsp; 500313 |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion); |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2024, Ref. RB (INS - AGI)<sup>(b)(f)</sup> <br>| 5.00% | 07/01/2044 | 500 | &nbsp;&nbsp; 489733 |
| &nbsp;&nbsp;&nbsp; Series 2025, RB<sup>(a)(b)(c)</sup> <br>| 8.25% | 08/13/2025 | 500 | &nbsp;&nbsp; 509126 |
| Florida Development Finance Corp. (Mater Academy); Series 2022 A, RB | 5.00% | 06/15/2031 | 235 | &nbsp;&nbsp; 239880 |
| Gainesville (City of), FL; Series 2012 B, Ref. VRD RB<sup>(e)</sup> <br>| 1.40% | 10/01/2042 | 2000 | &nbsp;&nbsp; 2000000 |
| Miami Beach (City of), FL; Series 2017, Ref. RB | 5.00% | 09/01/2047 | 250 | &nbsp;&nbsp; 251903 |
|  |  |  |  | &nbsp;&nbsp; 4245148 |
| **Georgia–6.81%** | **Georgia–6.81%** | **Georgia–6.81%** | **Georgia–6.81%** | **Georgia–6.81%** |
| Development Authority of Appling County (The); Series 2011, VRD RB<sup>(e)</sup> <br>| 1.60% | 09/01/2041 | 2000 | &nbsp;&nbsp; 2000000 |
| Development Authority of Burke County (The); Series 2009, VRD RB<sup>(e)</sup> <br>| 1.55% | 07/01/2049 | 2000 | &nbsp;&nbsp; 2000000 |
| Main Street Natural Gas, Inc.; |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2022 C, RB<sup>(a)(c)</sup> <br>| 4.00% | 11/01/2027 | 1500 | &nbsp;&nbsp; 1491143 |
| &nbsp;&nbsp;&nbsp; Series 2023 A, RB<sup>(c)</sup> <br>| 5.00% | 06/01/2030 | 475 | &nbsp;&nbsp; 492760 |
|  |  |  |  | &nbsp;&nbsp; 5983903 |
| **Illinois–2.56%** | **Illinois–2.56%** | **Illinois–2.56%** | **Illinois–2.56%** | **Illinois–2.56%** |
| &nbsp;&nbsp;&nbsp; Illinois (State of) Finance Authority (Northshore Edward Elmhurst Health Credit Group); Series 2022, Ref. <br> VRD RB<sup>(e)</sup> <br>| 1.00% | 08/15/2057 | 2000 | &nbsp;&nbsp; 2000000 |
| Marion (City of), IL (Star Bond District Project Area No. 1); Series 2025, RB | 6.38% | 06/01/2045 | 250 | &nbsp;&nbsp; 246672 |
|  |  |  |  | &nbsp;&nbsp; 2246672 |
| **Indiana–2.56%** | **Indiana–2.56%** | **Indiana–2.56%** | **Indiana–2.56%** | **Indiana–2.56%** |
| Indiana (State of) Housing & Community Development Authority; Series 2017 C-3, VRD RB<sup>(e)</sup> <br>| 0.03% | 07/01/2047 | 2000 | &nbsp;&nbsp; 2000000 |
| Whiting (City of), IN (BP Products North America, Inc.); Series 2015, RB<sup>(b)(c)</sup> <br>| 4.40% | 06/10/2031 | 250 | &nbsp;&nbsp; 253194 |
|  |  |  |  | &nbsp;&nbsp; 2253194 |
| **Iowa–2.66%** | **Iowa–2.66%** | **Iowa–2.66%** | **Iowa–2.66%** | **Iowa–2.66%** |
| Iowa (State of) Finance Authority; Series 2013, VRD RB<sup>(e)</sup> <br>| 1.25% | 02/15/2039 | 2000 | &nbsp;&nbsp; 2000000 |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.); Series 2022, Ref. RB<sup>(c)(d)</sup> <br>| 5.00% | 12/01/2032 | 300 | &nbsp;&nbsp; 337449 |
|  |  |  |  | &nbsp;&nbsp; 2337449 |
| **Kentucky–1.77%** | **Kentucky–1.77%** | **Kentucky–1.77%** | **Kentucky–1.77%** | **Kentucky–1.77%** |
| Kentucky (Commonwealth of) Public Energy Authority; Series 2024 A, RB<sup>(c)</sup> <br>| 5.00% | 07/01/2030 | 1500 | &nbsp;&nbsp; 1555789 |

---

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

**Invesco SMA Municipal Bond Fund**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Louisiana–0.28%** | **Louisiana–0.28%** | **Louisiana–0.28%** | **Louisiana–0.28%** | **Louisiana–0.28%** |
| St. John the Baptist (Parish of), LA (Marathon Oil Corp.); Series 2017, Ref. RB<sup>(c)</sup> <br>| 4.05% | 07/01/2026 | $250 | &nbsp;&nbsp; $250043 |
| **Maryland–2.28%** | **Maryland–2.28%** | **Maryland–2.28%** | **Maryland–2.28%** | **Maryland–2.28%** |
| &nbsp;&nbsp;&nbsp; Maryland (State of) Health & Higher Educational Facilities Authority (Johns Hopkins Health System); <br> Series 2024, VRD Ref. RB<sup>(e)</sup> <br>| 1.40% | 06/01/2046 | 2000 | &nbsp;&nbsp; 2000000 |
| **Massachusetts–6.21%** | **Massachusetts–6.21%** | **Massachusetts–6.21%** | **Massachusetts–6.21%** | **Massachusetts–6.21%** |
| Massachusetts (Commonwealth of) Development Finance Agency (Brown University); Series 2025, RB | 5.25% | 08/15/2044 | 1500 | &nbsp;&nbsp; 1527141 |
| Massachusetts (Commonwealth of) Development Finance Agency (Emerson College); Series 2025, Ref. RB | 5.25% | 01/01/2045 | 200 | &nbsp;&nbsp; 205529 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.); Series 2017, <br> Ref. RB<sup>(a)</sup> <br>| 5.00% | 10/01/2047 | 1310 | &nbsp;&nbsp; 1215988 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Development Finance Agency (Suffolk University); Series 2025, Ref. <br> RB<br>| 5.50% | 07/01/2045 | 500 | &nbsp;&nbsp; 505580 |
| &nbsp;&nbsp;&nbsp; Massachusetts (Commonwealth of) Health & Educational Facilities Authority (Massachusetts Institute of <br> Technology); Series 2001, VRD RB<sup>(e)</sup> <br>| 0.60% | 07/01/2031 | 2000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  | &nbsp;&nbsp; 5454238 |
| **Minnesota–2.63%** | **Minnesota–2.63%** | **Minnesota–2.63%** | **Minnesota–2.63%** | **Minnesota–2.63%** |
| Bethel (City of), MN (Spectrum High School); Series 2024, RB | 5.00% | 07/01/2059 | 250 | &nbsp;&nbsp; 225415 |
| Brooklyn Park (City of), MN (Athlos Leadership Academy); Series 2015 A, RB | 4.75% | 07/01/2025 | 85 | &nbsp;&nbsp; 84870 |
| Rochester City of), MN; Series 2025 D, VRD RB<sup>(e)</sup> <br>| 1.10% | 11/15/2064 | 2000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  | &nbsp;&nbsp; 2310285 |
| **New Hampshire–2.28%** | **New Hampshire–2.28%** | **New Hampshire–2.28%** | **New Hampshire–2.28%** | **New Hampshire–2.28%** |
| New Hampshire (State of) Business Finance Authority; Series 2024, VRD RB<sup>(e)</sup> <br>| 1.40% | 11/01/2064 | 2000 | &nbsp;&nbsp; 2000000 |
| **New York–2.77%** | **New York–2.77%** | **New York–2.77%** | **New York–2.77%** | **New York–2.77%** |
| New York (City of), NY; Subseries 2014 I-2, VRD GO Bonds<sup>(e)</sup> <br>| 1.40% | 03/01/2040 | 400 | &nbsp;&nbsp; 400000 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International <br> Airport);<br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Series 2016, Ref. RB<sup>(b)</sup> <br>| 5.00% | 08/01/2031 | 250 | &nbsp;&nbsp; 249066 |
| &nbsp;&nbsp;&nbsp; Series 2020, Ref. RB<sup>(b)</sup> <br>| 5.25% | 08/01/2031 | 1240 | &nbsp;&nbsp; 1266876 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds); <br> Series 2024, Ref. RB<sup>(b)</sup> <br>| 5.50% | 12/31/2054 | 250 | &nbsp;&nbsp; 250502 |
| Oneida Indian Nation; Series 2024 B, RB<sup>(a)</sup> <br>| 6.00% | 09/01/2043 | 250 | &nbsp;&nbsp; 263416 |
|  |  |  |  | &nbsp;&nbsp; 2429860 |
| **North Carolina–2.28%** | **North Carolina–2.28%** | **North Carolina–2.28%** | **North Carolina–2.28%** | **North Carolina–2.28%** |
| &nbsp;&nbsp;&nbsp; Charlotte-Mecklenburg Hospital Authority (The) (Carolinas Health Care Systems); Series 2007, Ref. VRD <br> RB<sup>(e)</sup> <br>| 1.35% | 01/15/2037 | 2000 | &nbsp;&nbsp; 2000000 |
| **North Dakota–0.27%** | **North Dakota–0.27%** | **North Dakota–0.27%** | **North Dakota–0.27%** | **North Dakota–0.27%** |
| Horace (City of), ND; Series 2024 C, Ref. GO Bonds | 4.50% | 05/01/2039 | 250 | &nbsp;&nbsp; 239507 |
| **Ohio–3.37%** | **Ohio–3.37%** | **Ohio–3.37%** | **Ohio–3.37%** | **Ohio–3.37%** |
| Buckeye Tobacco Settlement Financing Authority; Series 2020 B-2, Ref. RB | 5.00% | 06/01/2055 | 250 | &nbsp;&nbsp; 216647 |
| Hamilton (County of), OH (TriHealth, Inc. Obligated); Series 2021, Ref. VRD RB<sup>(e)</sup> <br>| 1.50% | 08/15/2051 | 2000 | &nbsp;&nbsp; 2000000 |
| Ohio (State of) Higher Educational Facility Commission (John Carroll University); Series 2025, RB | 5.38% | 10/01/2045 | 500 | &nbsp;&nbsp; 492689 |
| Ohio (State of) Higher Educational Facility Commission (Kenyon College); Series 2015, Ref. RB | 5.00% | 07/01/2041 | 250 | &nbsp;&nbsp; 250018 |
|  |  |  |  | &nbsp;&nbsp; 2959354 |
| **Oregon–0.36%** | **Oregon–0.36%** | **Oregon–0.36%** | **Oregon–0.36%** | **Oregon–0.36%** |
| Portland (Port of), OR (Green Bonds); Twenty Ninth Series 2023, RB<sup>(b)</sup> <br>| 5.25% | 07/01/2039 | 300 | &nbsp;&nbsp; 315275 |
| **Pennsylvania–3.32%** | **Pennsylvania–3.32%** | **Pennsylvania–3.32%** | **Pennsylvania–3.32%** | **Pennsylvania–3.32%** |
| &nbsp;&nbsp;&nbsp; Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center); <br> Series 2018, RB<sup>(a)</sup> <br>| 5.00% | 05/01/2028 | 155 | &nbsp;&nbsp; 159034 |
| Delaware Valley Regional Finance Authority; Series 2024, VRD RB<sup>(e)</sup> <br>| 1.45% | 09/01/2059 | 2000 | &nbsp;&nbsp; 2000000 |
| &nbsp;&nbsp;&nbsp; Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC); <br> Series 2023 B, Ref. RB<br>| 4.10% | 06/01/2029 | 250 | &nbsp;&nbsp; 253565 |
| &nbsp;&nbsp;&nbsp; Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.); <br> Series 2015, RB<sup>(b)</sup> <br>| 5.00% | 12/31/2034 | 250 | &nbsp;&nbsp; 251053 |

---

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

**Invesco SMA Municipal Bond Fund**

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Interest**<br> **Rate**<br>| **Maturity**<br> **Date**<br>| &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | &nbsp;&nbsp; **Principal**<br> **Amount**<br> **(000)** | **Value** |
| **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** | **Pennsylvania–(continued)** |
| &nbsp;&nbsp;&nbsp; Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge <br> Replacement); Series 2015, RB<sup>(b)</sup> <br>| 5.00% | 12/31/2029 |  | $250 | &nbsp;&nbsp; $251843 |
|  |  |  |  |  | &nbsp;&nbsp; 2915495 |
| **Puerto Rico–1.13%** | **Puerto Rico–1.13%** | **Puerto Rico–1.13%** | **Puerto Rico–1.13%** | **Puerto Rico–1.13%** | **Puerto Rico–1.13%** |
| Puerto Rico Sales Tax Financing Corp.; Series 2018 A-1, RB | 4.50% | 07/01/2034 |  | 1000 | &nbsp;&nbsp; 993347 |
| **South Carolina–0.28%** | **South Carolina–0.28%** | **South Carolina–0.28%** | **South Carolina–0.28%** | **South Carolina–0.28%** | **South Carolina–0.28%** |
| &nbsp;&nbsp;&nbsp; South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of <br> Broad Healthcare); Series 2024, RB<br>| 5.50% | 11/15/2044 |  | 250 | &nbsp;&nbsp; 250171 |
| **Tennessee–1.16%** | **Tennessee–1.16%** | **Tennessee–1.16%** | **Tennessee–1.16%** | **Tennessee–1.16%** | **Tennessee–1.16%** |
| Tennessee Energy Acquisition Corp.; Series 2006 B, RB | 5.63% | 09/01/2026 |  | 1000 | &nbsp;&nbsp; 1016975 |
| **Texas–9.71%** | **Texas–9.71%** | **Texas–9.71%** | **Texas–9.71%** | **Texas–9.71%** | **Texas–9.71%** |
| Arlington Higher Education Finance Corp. (Great Hearts America - Texas); Series 2024, RB | 5.00% | 08/15/2049 |  | 1100 | &nbsp;&nbsp; 1016406 |
| Clifton Higher Education Finance Corp. (International Leadership of Texas); Series 2018 D, RB | 6.00% | 08/15/2038 |  | 960 | &nbsp;&nbsp; 962161 |
| Houston (City of), TX; Series 2024 B, RB<sup>(b)</sup> <br>| 5.50% | 07/15/2036 |  | 1000 | &nbsp;&nbsp; 1033941 |
| Houston (City of), TX Airport System (United Airlines, Inc.); Series 2018, RB<sup>(b)</sup> <br>| 5.00% | 07/15/2028 |  | 500 | &nbsp;&nbsp; 502230 |
| Mission Economic Development Corp. (Green Bonds); Series 2025, RB<sup>(b)(c)</sup> <br>| 5.00% | 06/01/2030 |  | 500 | &nbsp;&nbsp; 511000 |
| New Hope Cultural Education Facilities Finance Corp.; Series 2025 A, RB | 6.25% | 10/01/2045 |  | 250 | &nbsp;&nbsp; 240437 |
| Port Arthur (Port of), TX Navigation District; Series 2010, Ref. VRD RB<sup>(e)</sup> <br>| 1.65% | 04/01/2040 |  | 2000 | &nbsp;&nbsp; 2000000 |
| San Antonio Education Facilities Corp. (University of the Incarnate Word); Series 2025, RB | 5.25% | 10/01/2045 |  | 280 | &nbsp;&nbsp; 268346 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. (Methodist Hospitals of Dallas); Series 2008 A, <br> VRD RB<sup>(e)</sup> <br>| 1.40% | 10/01/2041 |  | 2000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  |  | &nbsp;&nbsp; 8534521 |
| **Virginia–0.49%** | **Virginia–0.49%** | **Virginia–0.49%** | **Virginia–0.49%** | **Virginia–0.49%** | **Virginia–0.49%** |
| Chesapeake Bay Bridge & Tunnel District; Series 2016, RB | 5.00% | 07/01/2046 |  | 250 | &nbsp;&nbsp; 246784 |
| Virginia (Commonwealth of) Small Business Financing Authority (I-495 Hot Lanes); Series 2022, Ref. RB<sup>(b)</sup> <br>| 5.00% | 12/31/2040 |  | 180 | &nbsp;&nbsp; 183217 |
|  |  |  |  |  | &nbsp;&nbsp; 430001 |
| **Wisconsin–0.75%** | **Wisconsin–0.75%** | **Wisconsin–0.75%** | **Wisconsin–0.75%** | **Wisconsin–0.75%** | **Wisconsin–0.75%** |
| Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.); Series 2018 A, RB | 5.00% | 12/01/2027 |  | 160 | &nbsp;&nbsp; 162208 |
| Wisconsin (State of) Public Finance Authority (Signorelli); Series 2024, RB<sup>(a)</sup> <br>| 5.38% | 12/15/2032 |  | 241 | &nbsp;&nbsp; 240978 |
| Wisconsin (State of) Public Finance Authority (Wakemed Hospital); Series 2019 A, Ref. RB | 5.00% | 10/01/2044 |  | 265 | &nbsp;&nbsp; 259457 |
|  |  |  |  |  | &nbsp;&nbsp; 662643 |
| TOTAL INVESTMENTS IN SECURITIES<sup>(g)</sup>–68.19% (Cost $59,975,604) | TOTAL INVESTMENTS IN SECURITIES<sup>(g)</sup>–68.19% (Cost $59,975,604) | TOTAL INVESTMENTS IN SECURITIES<sup>(g)</sup>–68.19% (Cost $59,975,604) | TOTAL INVESTMENTS IN SECURITIES<sup>(g)</sup>–68.19% (Cost $59,975,604) |  | &nbsp;&nbsp; 59907968 |
| OTHER ASSETS LESS LIABILITIES–31.81% | OTHER ASSETS LESS LIABILITIES–31.81% | OTHER ASSETS LESS LIABILITIES–31.81% | OTHER ASSETS LESS LIABILITIES–31.81% |  | &nbsp;&nbsp; 27947086 |
| NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% | NET ASSETS–100.00% |  | &nbsp;&nbsp; $87855054 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| AGI | – Assured Guaranty, Inc. |
| GO | – General Obligation |
| INS | – Insurer |
| RB | – Revenue Bonds |
| Ref. | – Refunding |
| VRD | – Variable Rate Demand |

---

Notes to Schedule of Investments:

<sup>(a)</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 $7,272,086, which represented 8.28% of the Fund's Net Assets. 

<sup>(b)</sup> Security subject to the alternative minimum tax.

<sup>(c)</sup> Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity date reflects such call or put.

<sup>(d)</sup> Advance refunded; secured by an escrow fund of U.S. Government obligations or other highly rated collateral.

<sup>(e)</sup> Demand security payable upon demand by the Fund at specified time intervals no greater than thirteen months. Interest rate is redetermined periodically by the issuer or agent based on current market conditions. Rate shown is the rate in effect on May 31, 2025. 

<sup>(f)</sup> Principal and/or interest payments are secured by the bond insurance company listed.

<sup>(g)</sup> Entities may either issue, guarantee, back or otherwise enhance the credit quality of a security. The entities are not primarily responsible for the issuer's obligations but may be called upon to satisfy issuer's obligations. No concentration of any single entity was greater than 5% each. 

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 Municipal 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.

As of May 31, 2025, all of the securities in this Fund were valued based on Level 2 inputs (see the Schedule of Investments for security categories). 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.

**Invesco SMA Municipal 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 Counselor Series Trust (Invesco Counselor Series Trust)

- **b. Investment Company Act file number:** 811-09913

- **c. CIK number of Registrant:** 0001112996

- **d. LEI of Registrant:** LZYC3CZ7P12IRF1LLV60

- **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 Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000079749

- **c. LEI of Series:** 549300FXSGYTEW4M5F10

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

- **a. Date of fiscal year-end:** 2025-08-31

- **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:** $90506196.21

**Total Liabilities:** $2605652.04

**Net Assets:** $87900544.17

**Delayed Delivery Securities:** $494170.00

**Cash Not Reported:** $33161585.40

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -28.32520974 | **1-Year:** -587.04664269 | **5-Year:** -2130.34048427 | **10-Year:** -5397.38375867 | **30-Year:** -1939.61395424

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

- **3-Month:** -28.22943756 | **1-Year:** -472.41952666 | **5-Year:** -1456.25903424 | **10-Year:** -3160.68433875 | **30-Year:** -1193.39449691

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241066 | -0.69%               | -0.50%               | -0.11%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2433.65                 | $-136284.28                                |
| Month 2  | $-39220.80               | $-78791.68                                 |
| Month 3  | $-18415.28               | $-52579.62                                 |

**Designated Index Information**

- **Index Name:** S&P Municipal Bond High Yield Index

- **Index Identifier:** 100% BM-Securities only

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Massachusetts Development Finance Agency                                                                               | Massachusetts Development Finance Agency, Series 2025, RB                                                                               | CUSIP: 57585BKG2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505580.20    | 0.58%             | 2045-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Wakemed Hospital)                                                       | Wisconsin (State of) Public Finance Authority (Wakemed Hospital), Series 2019 A, Ref. RB                                                | CUSIP: 74442CBY9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    265000 | PA      | $259456.52    | 0.30%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                                                      | Indiana Housing & Community Development Authority, Series 2017, RB                                                                      | CUSIP: 45505TSA0<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2047-07-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| Virginia (Commonwealth of) Small Business Financing Authority (I-495 Hot Lanes)                                        | Virginia (Commonwealth of) Small Business Financing Authority (I-495 Hot Lanes), Series 2022, Ref. RB                                   | CUSIP: 928104QD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $183217.21    | 0.21%             | 2040-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Emerson College)                                           | Massachusetts (Commonwealth of) Development Finance Agency (Emerson College), Series 2025, Ref. RB                                      | CUSIP: 57585BDZ8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    200000 | PA      | $205529.22    | 0.23%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Great Hearts America - Texas)                                                | Arlington Higher Education Finance Corp. (Great Hearts America - Texas), Series 2024, RB                                                | CUSIP: 041807GZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1016406.05   | 1.16%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Infrastructure & Economic Development Bank (Brightline West Passenger Rail) (Green Bonds)        | California (State of) Infrastructure & Economic Development Bank (Brightline West Passenger Rail) (Green Bonds), Series 2025 B, Ref. RB | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    750000 | PA      | $726953.78    | 0.83%             | 2035-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC)                     | Montgomery (County of), PA Industrial Development Authority (Constellation Energy Generation, LLC), Series 2023 B, Ref. RB              | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253565.73    | 0.29%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Energy Authority                                                                     | Kentucky (Commonwealth of) Public Energy Authority, Series 2024 A, RB                                                                   | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555789.35   | 1.77%             | 2030-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)              | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2016, Ref. RB         | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249066.20    | 0.28%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                                                             | Illinois Finance Authority, Series 2022, RB                                                                                             | CUSIP: 45204FQD0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2057-08-15      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                                                 | California Municipal Finance Authority, Series 2025, RB                                                                                 | CUSIP: 13048V3F3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503173.55    | 0.57%             | 2045-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Portland (Port of), OR (Green Bonds)                                                                                   | Portland (Port of), OR (Green Bonds), Twenty Ninth Series 2023, RB                                                                      | CUSIP: 7352403D3<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    300000 | PA      | $315275.01    | 0.36%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Development Authority of Appling County                                                                                | Development Authority of Appling County, Series 2011, RB                                                                                | CUSIP: 038315EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2041-09-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| City of Marion IL Sales Tax Revenue                                                                                    | City of Marion IL Sales Tax Revenue, Series 2025, RB                                                                                    | CUSIP: 569498AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $246672.23    | 0.28%             | 2045-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (United Airlines, Inc.)                                                           | Houston (City of), TX Airport System (United Airlines, Inc.), Series 2018, RB                                                           | CUSIP: 4423487V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502229.45    | 0.57%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                                                            | Ohio Higher Educational Facility Commission, Series 2025, RB                                                                            | CUSIP: 67756DY34<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $492688.30    | 0.56%             | 2045-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                                                                  | Capital Projects Finance Authority/FL, Series 2025, RB                                                                                  | CUSIP: 14043HAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500313.30    | 0.57%             | 2035-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority (The)                                                                         | Charlotte-Mecklenburg Hospital Authority (The), Series 2007, RB                                                                         | CUSIP: 160853MS3<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2037-01-15      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Bethel (City of), MN (Spectrum High School)                                                                            | Bethel (City of), MN (Spectrum High School), Series 2024, RB                                                                            | CUSIP: 086759AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $225415.63    | 0.26%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center)                              | Allentown (City of), PA Neighborhood Improvement Zone Development Authority (City Center), Series 2018, RB                              | CUSIP: 018444BA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159033.80    | 0.18%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Horace (City of), ND                                                                                                   | Horace (City of), ND, Series 2024 C, Ref. GO Bonds                                                                                      | CUSIP: 440365JM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239507.25    | 0.27%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Irvine Ranch Water District Water Service Corp.                                                                        | Irvine Ranch Water District Water Service Corp., Series 2009, RB                                                                        | CUSIP: 4636324H9<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |   2080000 | PA      | $2080000.00   | 2.37%             | 2041-10-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                        | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2025, RB                                        | CUSIP: 340618DZ7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509125.65    | 0.58%             | 2025-08-13      | Variable      | 8.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Signorelli)                                                             | Wisconsin (State of) Public Finance Authority (Signorelli), Series 2024, RB                                                             | CUSIP: 74447TAF9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    241000 | PA      | $240977.88    | 0.27%             | 2032-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| St. John the Baptist (Parish of), LA (Marathon Oil Corp.)                                                              | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB                                                         | CUSIP: 79020FAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250043.38    | 0.28%             | 2026-07-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)               | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2014, RB               | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $487739.65    | 0.55%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                                                              | City of Houston TX Airport System Revenue, Series 2024, RB                                                                              | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033941.10   | 1.18%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                                                              | Maryland Health & Higher Educational Facilities Authority, Series 2024, RB                                                              | CUSIP: 57421CGC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2046-06-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (California Baptist University)                      | California (State of) Statewide Communities Development Authority (California Baptist University), Series 2014 A, RB                    | CUSIP: 13080SBX1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225313.88    | 0.26%             | 2025-06-19      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN                                                                                                   | City of Rochester MN, Series 2025, RB                                                                                                   | CUSIP: 771902HS5<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2064-11-15      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.)                                   | Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.), Series 2017, Ref. RB                              | CUSIP: 57584X4N8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1215987.33   | 1.38%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport)              | New York Transportation Development Corp. (American Airlines, Inc. John F. Kennedy International Airport), Series 2020, Ref. RB         | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1266875.64   | 1.44%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                        | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB                                   | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $489732.80    | 0.56%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Bay Bridge & Tunnel District                                                                                | Chesapeake Bay Bridge & Tunnel District, Series 2016, RB                                                                                | CUSIP: 16514PAD1<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246783.50    | 0.28%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                                                             | Delaware Valley Regional Finance Authority, Series 2024, RB                                                                             | CUSIP: 246579LZ7<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2059-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Health & Educational Facilities Authority                                                                | Massachusetts Health & Educational Facilities Authority, Series 2001, RB                                                                | CUSIP: 57585KSV1<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2031-07-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                                                 | Iowa Finance Authority, Series 2013, RB                                                                                                 | CUSIP: 462466ES8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2039-02-15      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.)                                                                | Iowa (State of) Finance Authority (Iowa Fertilizer Co.), Series 2022, Ref. RB                                                           | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    300000 | PA      | $337449.39    | 0.38%             | 2042-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.)                                      | Wisconsin (State of) Public Finance Authority (Prime Healthcare Foundation, Inc.), Series 2018 A, RB                                    | CUSIP: 74442PFS9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $162208.48    | 0.18%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp.                                                                                     | Mission Economic Development Corp., Series 2025, RB                                                                                     | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511000.10    | 0.58%             | 2030-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds)                         | New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds), Series 2024, Ref. RB                    | CUSIP: 650116HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250501.48    | 0.28%             | 2054-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                          | Main Street Natural Gas, Inc., Series 2023 A, RB                                                                                        | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    475000 | PA      | $492760.11    | 0.56%             | 2030-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                                                               | Massachusetts Development Finance Agency, Series 2025, RB                                                                               | CUSIP: 57585BJZ2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527141.30   | 1.74%             | 2044-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                                                             | Tarrant County Cultural Education Facilities Finance Corp., Series 2008, RB                                                             | CUSIP: 87638QBE8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2041-10-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| Whiting (City of), IN (BP Products North America, Inc.)                                                                | Whiting (City of), IN (BP Products North America, Inc.), Series 2015, RB                                                                | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253193.40    | 0.29%             | 2031-06-10      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| California (State of) Housing Finance Agency                                                                           | California (State of) Housing Finance Agency, Series 2019 A-2, RB                                                                       | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |    216243 | PA      | $214848.68    | 0.24%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                                                  | County of Hamilton OH, Series 2021, RB                                                                                                  | CUSIP: 4072722B8<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2051-08-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                                                  | Industrial Development Authority of the City of Phoenix Arizona (The), Series 2016, RB                                                  | CUSIP: 71885FFG7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932108.80    | 1.06%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                   | New Hope Cultural Education Facilities Finance Corp., Series 2025, RB                                                                   | CUSIP: 64542UHE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240437.35    | 0.27%             | 2045-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park (City of), MN (Athlos Leadership Academy)                                                                | Brooklyn Park (City of), MN (Athlos Leadership Academy), Series 2015 A, RB                                                              | CUSIP: 114224AG3<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |     85000 | PA      | $84869.76     | 0.10%             | 2025-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                          | Main Street Natural Gas, Inc., Series 2024 C, RB                                                                                        | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042502.90   | 1.19%             | 2031-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                                                               | New Hampshire Business Finance Authority, Series 2024, RB                                                                               | CUSIP: 63610BAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2025-06-06      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio (State of) Higher Educational Facility Commission (Kenyon College)                                                | Ohio (State of) Higher Educational Facility Commission (Kenyon College), Series 2015, Ref. RB                                           | CUSIP: 67756DFW1<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250018.00    | 0.28%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Port Arthur Navigation District                                                                                | Port of Port Arthur Navigation District, Series 2010, RB                                                                                | CUSIP: 735220AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2040-04-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools)                                 | Maricopa (County of), AZ Industrial Development Authority (Legacy Traditional Schools), Series 2019, Ref. RB                            | CUSIP: 56681NEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250345.00    | 0.28%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                                                            | Development Authority of Burke County (The), Series 2009, RB                                                                            | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2049-07-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| Miami Beach (City of), FL                                                                                              | Miami Beach (City of), FL, Series 2017, Ref. RB                                                                                         | CUSIP: 59324PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251902.88    | 0.29%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY                                                                                                 | New York (City of), NY, Subseries 2014 I-2, VRD GO Bonds                                                                                | CUSIP: 64966LLS8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.46%             | 2040-03-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare) | South Carolina (State of) Jobs-Economic Development Authority (Beaufort Memorial Hospital & South of Broad Healthcare), Series 2024, RB | CUSIP: 83704HAL1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250170.65    | 0.28%             | 2044-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                                                          | Main Street Natural Gas, Inc., Series 2022 C, RB                                                                                        | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1491143.10   | 1.70%             | 2027-11-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Gainesville (City of), FL                                                                                              | Gainesville (City of), FL, Series 2012 B, Ref. VRD RB                                                                                   | CUSIP: 362848RR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 2.28%             | 2042-10-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Mater Academy)                                                                      | Florida Development Finance Corp. (Mater Academy), Series 2022 A, RB                                                                    | CUSIP: 34061UKB3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    235000 | PA      | $239880.27    | 0.27%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement)        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Pennsylvania Rapid Bridge Replacement), Series 2015, RB        | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251843.03    | 0.29%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation                                                                                                   | Oneida Indian Nation, Series 2024 B, RB                                                                                                 | CUSIP: 682504AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263416.20    | 0.30%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp.                                                                                 | San Antonio Education Facilities Corp., Series 2025, RB                                                                                 | CUSIP: 796247EX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $268346.06    | 0.31%             | 2045-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                                                         | Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB                                                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $216647.15    | 0.25%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.)                        | Pennsylvania (Commonwealth of) Economic Development Financing Authority (PA Bridges Finco L.P.), Series 2015, RB                        | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251052.83    | 0.29%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority (Kissimmee Charter Academy)                                                         | Capital Projects Finance Authority (Kissimmee Charter Academy), Series 2024, RB                                                         | CUSIP: 14043FAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254192.83    | 0.29%             | 2044-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** AIM Counselor Series Trust (Invesco Counselor Series Trust)

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer