# EDGAR Filing Document

**Accession Number:** 0001682811
**File Stem:** 0001752724-23-018000
**Filing Date:** 2023-1
**Character Count:** 58730
**Document Hash:** c8bc667852a539e6efa4f1e0158d4a21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-018000.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-018000

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO HIGH INCOME 2023 TARGET TERM FUND
- **CENTRAL INDEX KEY:** 0001682811
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23186
- **FILM NUMBER:** 23567186

**BUSINESS ADDRESS:**
- **STREET 1:** 1555 PEACHTREE STREET, N.E.
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309
- **BUSINESS PHONE:** 800-959-4246

**MAIL ADDRESS:**
- **STREET 1:** 1555 PEACHTREE STREET, N.E.
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309

## Nport-Ex

### Schedule of Investments
*November 30, 2022*

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| **Asset-Backed Securities–127.79%<sup>(a)</sup>** | **Asset-Backed Securities–127.79%<sup>(a)</sup>** | **Asset-Backed Securities–127.79%<sup>(a)</sup>** | **Asset-Backed Securities–127.79%<sup>(a)</sup>** |
| BX Commercial Mortgage Trust, Series 2021-VOLT, Class D, 5.53% (1 mo. USD LIBOR + 1.65%), 09/15/2023<sup>(b)(c)</sup> |  | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $935092 |
| CFCRE Commercial Mortgage Trust, | CFCRE Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-TAN, Class C, 5.29%, 02/15/2023<sup>(b)</sup> |  | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4781324 |
| &nbsp;&nbsp;&nbsp;Series 2018-TAN, Class E, 6.66%, 02/15/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4750992 |
| Citigroup Commercial Mortgage Trust, | Citigroup Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-GC11, Class D, 4.55%, 04/10/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;14500000 | &nbsp;&nbsp;&nbsp;&nbsp; 13921801 |
| &nbsp;&nbsp;&nbsp;Series 2013-GC15, Class A4, 4.37%, 09/10/2023<sup>(d)</sup> |  | &nbsp;&nbsp; 3111450 | &nbsp;&nbsp;&nbsp;&nbsp; 3073700 |
| &nbsp;&nbsp;&nbsp;Series 2013-GC17, Class D, 5.10%, 11/10/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3577400 |
| &nbsp;&nbsp;&nbsp;Series 2014-GC19, Class D, 5.26%, 02/10/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1404154 |
| Commercial Mortgage Trust, | Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-CR2, Class E, 5.07%, 05/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1281191 |
| &nbsp;&nbsp;&nbsp;Series 2013-CR11, Class D, 5.28%, 09/10/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;14523000 | &nbsp;&nbsp;&nbsp;&nbsp; 13885851 |
| &nbsp;&nbsp;&nbsp;Series 2013-CR6, Class D, 4.23%, 02/10/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 3375000 | &nbsp;&nbsp;&nbsp;&nbsp; 3257092 |
| &nbsp;&nbsp;&nbsp;Series 2013-CR8, Class D, 4.03%, 05/10/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 6000000 | &nbsp;&nbsp;&nbsp;&nbsp; 5705983 |
| &nbsp;&nbsp;&nbsp;Series 2013-CR8, Class E, 4.00%, 06/10/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 7000000 | &nbsp;&nbsp;&nbsp;&nbsp; 6481236 |
| &nbsp;&nbsp;&nbsp;Series 2014-CR14, Class D, 4.73%, 01/10/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;12267000 | &nbsp;&nbsp;&nbsp;&nbsp; 11172666 |
| &nbsp;&nbsp;&nbsp;Series 2014-CR16, Class D, 5.08%, 04/10/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;12680000 | &nbsp;&nbsp;&nbsp;&nbsp; 11029744 |
| &nbsp;&nbsp;&nbsp;Series 2014-LC15, Class D, 5.17%, 03/10/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 9010000 | &nbsp;&nbsp;&nbsp;&nbsp; 8322421 |
| &nbsp;&nbsp;&nbsp;Series 2014-UBS3, Class C, 4.90%, 05/10/2024<sup>(d)(e)</sup> |  | &nbsp;&nbsp;10250000 | &nbsp;&nbsp;&nbsp;&nbsp; 9659134 |
| DBUBS Mortgage Trust, Series 2011-LC3A, Class E, 3.75%, 08/10/2026<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 377798 |
| FREMF Mortgage Trust, | FREMF Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2014-K36, Class B, 1.11%, 10/25/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 1025000 | &nbsp;&nbsp;&nbsp;&nbsp; 1008612 |
| &nbsp;&nbsp;&nbsp;Series 2015-KF12, Class B, 10.90% (1 mo. USD LIBOR + 7.10%), 12/25/2022<sup>(b)(c)</sup> |  | &nbsp;&nbsp; 855534 | &nbsp;&nbsp;&nbsp;&nbsp; 854092 |
| GS Mortgage Securities Corp. II, | GS Mortgage Securities Corp. II, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-GC10, Class D, 4.56%, 01/10/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 6625000 | &nbsp;&nbsp;&nbsp;&nbsp; 6075228 |
| &nbsp;&nbsp;&nbsp;Series 2013-GC10, Class XA, IO, 1.48%, 12/10/2022<sup>(e)(f)</sup> |  | &nbsp;&nbsp; 5189592 | &nbsp;&nbsp;&nbsp;&nbsp; 55 |
| GS Mortgage Securities Corp. Trust, Series 2018-TWR, Class G, 8.05% (1 mo. USD LIBOR + 4.17%), 07/15/2023<sup>(b)(c)</sup> |  | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 819500 |
| GS Mortgage Securities Trust, | GS Mortgage Securities Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-GC12, Class B, 3.78%, 05/10/2023<sup>(d)</sup> |  | &nbsp;&nbsp; 1865000 | &nbsp;&nbsp;&nbsp;&nbsp; 1833468 |
| &nbsp;&nbsp;&nbsp;Series 2013-GC13, Class D, 4.21%, 06/10/2025<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;11546000 | &nbsp;&nbsp;&nbsp;&nbsp; 5159529 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| Hilton USA Trust, | Hilton USA Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2016-SFP, Class E, 5.52%, 11/05/2023<sup>(b)(e)</sup> |  | &nbsp;&nbsp; $8500000 | &nbsp;&nbsp;&nbsp;&nbsp; $7970384 |
| &nbsp;&nbsp;&nbsp;Series 2016-SFP, Class F, 6.16%, 11/05/2023<sup>(b)</sup> |  | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1856912 |
| JP Morgan Chase Commercial Mortgage Securities Trust, | JP Morgan Chase Commercial Mortgage Securities Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-C10, Class D, 4.35%, 02/15/2023<sup>(d)(e)</sup> |  | &nbsp;&nbsp;19348000 | &nbsp;&nbsp;&nbsp;&nbsp; 17163172 |
| &nbsp;&nbsp;&nbsp;Series 2013-C10, Class E, 3.50%, 02/15/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 860000 | &nbsp;&nbsp;&nbsp;&nbsp; 720038 |
| &nbsp;&nbsp;&nbsp;Series 2013-C13, Class XA, IO, 0.19%, 06/15/2023<sup>(e)(f)</sup> |  | &nbsp;&nbsp;56117785 | &nbsp;&nbsp;&nbsp;&nbsp; 13581 |
| &nbsp;&nbsp;&nbsp;Series 2013-C13, Class XC, IO, 0.23%, 07/15/2023<sup>(b)(f)</sup> |  | &nbsp;&nbsp;69684664 | &nbsp;&nbsp;&nbsp;&nbsp; 68444 |
| &nbsp;&nbsp;&nbsp;Series 2013-C16, Class D, 5.17%, 11/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;13875000 | &nbsp;&nbsp;&nbsp;&nbsp; 13095272 |
| &nbsp;&nbsp;&nbsp;Series 2013-LC11, Class D, 4.37%, 05/15/2023<sup>(d)(e)</sup> |  | &nbsp;&nbsp;10248000 | &nbsp;&nbsp;&nbsp;&nbsp; 8520438 |
| &nbsp;&nbsp;&nbsp;Series 2018-PHH, Class E, 6.59% (1 mo. USD LIBOR + 2.71%), 06/15/2023<sup>(b)(c)(e)</sup> |  | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 992598 |
| &nbsp;&nbsp;&nbsp;Series 2018-PHH, Class F, 7.19% (1 mo. USD LIBOR + 3.31%), 06/15/2023<sup>(b)(c)</sup> |  | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 461648 |
| &nbsp;&nbsp;&nbsp;Series 2018-WPT, Class FFX, 5.54%, 07/05/2023<sup>(b)(d)</sup> |  | &nbsp;&nbsp; 3500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2959944 |
| JPMBB Commercial Mortgage Securities Trust, | JPMBB Commercial Mortgage Securities Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-C12, Class D, 4.22%, 06/15/2023<sup>(d)(e)</sup> |  | &nbsp;&nbsp; 3191933 | &nbsp;&nbsp;&nbsp;&nbsp; 2998687 |
| &nbsp;&nbsp;&nbsp;Series 2014-C19, Class B, 4.39%, 04/15/2024<sup>(d)</sup> |  | &nbsp;&nbsp; 6500000 | &nbsp;&nbsp;&nbsp;&nbsp; 6203001 |
| &nbsp;&nbsp;&nbsp;Series 2014-C19, Class D, 4.80%, 04/15/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2278609 |
| Morgan Stanley Bank of America Merrill Lynch Trust, | Morgan Stanley Bank of America Merrill Lynch Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2013-C10, Class D, 4.21%, 06/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 3426000 | &nbsp;&nbsp;&nbsp;&nbsp; 2354236 |
| &nbsp;&nbsp;&nbsp;Series 2013-C13, Class XA, IO, 1.10%, 11/15/2023<sup>(e)(f)</sup> |  | &nbsp;&nbsp;34892572 | &nbsp;&nbsp;&nbsp;&nbsp; 201840 |
| &nbsp;&nbsp;&nbsp;Series 2014-C14, Class D, 5.23%, 02/15/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 7579400 | &nbsp;&nbsp;&nbsp;&nbsp; 7188779 |
| &nbsp;&nbsp;&nbsp;Series 2014-C15, Class D, 5.05%, 04/15/2024<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;16500000 | &nbsp;&nbsp;&nbsp;&nbsp; 15278675 |
| UBS-Barclays Commercial Mortgage Trust, Series 2013-C5, Class D, 4.29%, 01/10/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 8090000 | &nbsp;&nbsp;&nbsp;&nbsp; 5416960 |

---

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

Invesco High Income 2023 Target Term Fund

------

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Value** |
| WFRBS Commercial Mortgage Trust, | WFRBS Commercial Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2012-C9, Class D, 4.93%, 04/15/2027<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; $3367903 | &nbsp;&nbsp;&nbsp;&nbsp; $3294230 |
| &nbsp;&nbsp;&nbsp;Series 2013-C12, Class E, 3.50%, 03/15/2023<sup>(b)</sup> |  | &nbsp;&nbsp; 776000 | &nbsp;&nbsp;&nbsp;&nbsp; 740475 |
| &nbsp;&nbsp;&nbsp;Series 2013-C12, Class XA, IO, 1.18%, 03/15/2023<sup>(b)(e)(f)</sup> |  | &nbsp;&nbsp; 2786900 | &nbsp;&nbsp;&nbsp;&nbsp; 64 |
| &nbsp;&nbsp;&nbsp;Series 2013-C13, Class XA, IO, 1.30%, 04/15/2023<sup>(b)(e)(f)</sup> |  | &nbsp;&nbsp;18216566 | &nbsp;&nbsp;&nbsp;&nbsp; 12429 |
| &nbsp;&nbsp;&nbsp;Series 2013-C14, Class D, 4.09%, 06/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 3400000 | &nbsp;&nbsp;&nbsp;&nbsp; 3089500 |
| &nbsp;&nbsp;&nbsp;Series 2013-C16, Class E, 3.85%, 10/15/2023<sup>(b)</sup> |  | &nbsp;&nbsp; 9450000 | &nbsp;&nbsp;&nbsp;&nbsp; 7824130 |
| &nbsp;&nbsp;&nbsp;Series 2013-C17, Class D, 5.20%, 11/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp;20419000 | &nbsp;&nbsp;&nbsp;&nbsp; 18903845 |
| &nbsp;&nbsp;&nbsp;Series 2013-UBS1, Class D, 5.19%, 12/15/2023<sup>(b)(d)(e)</sup> |  | &nbsp;&nbsp; 5000000 | &nbsp;&nbsp;&nbsp;&nbsp; 4799817 |
| &nbsp;&nbsp;&nbsp;Series 2014-C19, Class D, 4.23%, 03/15/2024<sup>(b)(e)</sup> |  | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;&nbsp;&nbsp; 9131207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Asset-Backed Securities (Cost $295,765,750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Asset-Backed Securities (Cost $295,765,750) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Asset-Backed Securities (Cost $295,765,750) | &nbsp;&nbsp;&nbsp;&nbsp;262906978 |
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** |  |
| **Preferred Stocks–5.79%** | **Preferred Stocks–5.79%** | **Preferred Stocks–5.79%** | **Preferred Stocks–5.79%** |
| **Mortgage REITs–5.79%** | **Mortgage REITs–5.79%** | **Mortgage REITs–5.79%** | **Mortgage REITs–5.79%** |
| Chimera Investment Corp., 8.00%, Series D, Pfd.<sup>(g)</sup> | Chimera Investment Corp., 8.00%, Series D, Pfd.<sup>(g)</sup> | &nbsp;&nbsp; 167800 | &nbsp;&nbsp; 3386204 |
| Dynex Capital, Inc., 6.90%, Series C, Pfd.<sup>(g)</sup> | Dynex Capital, Inc., 6.90%, Series C, Pfd.<sup>(g)</sup> | &nbsp;&nbsp; 65000 | &nbsp;&nbsp; 1414400 |
| PennyMac Mortgage Investment Trust, 8.00%, Series B, Pfd.<sup>(g)</sup> | PennyMac Mortgage Investment Trust, 8.00%, Series B, Pfd.<sup>(g)</sup> | &nbsp;&nbsp; 102181 | &nbsp;&nbsp; 2229589 |
| Rithm Capital Corp., 7.00%, Series D, Pfd.<sup>(g)</sup> | Rithm Capital Corp., 7.00%, Series D, Pfd.<sup>(g)</sup> | &nbsp;&nbsp; 80000 | &nbsp;&nbsp; 1546400 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| **Mortgage REITs–(continued)** | **Mortgage REITs–(continued)** | **Mortgage REITs–(continued)** | **Mortgage REITs–(continued)** |
| Two Harbors Investment Corp., 7.25%, Series C, Pfd.<sup>(g)</sup> | Two Harbors Investment Corp., 7.25%, Series C, Pfd.<sup>(g)</sup> | &nbsp;&nbsp; 173200 | &nbsp;&nbsp;&nbsp;&nbsp; $3332368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Preferred Stocks (Cost $14,655,620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Preferred Stocks (Cost $14,655,620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Preferred Stocks (Cost $14,655,620) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11908961 |
|  | &nbsp;&nbsp;**Principal<br> Amount** | &nbsp;&nbsp;**Principal<br> Amount** |  |
| **U.S. Dollar Denominated Bonds & Notes–1.56%** | **U.S. Dollar Denominated Bonds & Notes–1.56%** | **U.S. Dollar Denominated Bonds & Notes–1.56%** | **U.S. Dollar Denominated Bonds & Notes–1.56%** |
| **Homebuilding–1.56%** | **Homebuilding–1.56%** | **Homebuilding–1.56%** | **Homebuilding–1.56%** |
| Taylor Morrison Communities, Inc./Taylor Morrison Holdings II, Inc., 5.63%, 03/01/2024<sup>(b)</sup><br> (Cost $3,268,273) |  | &nbsp;&nbsp; $3250000 | &nbsp;&nbsp;&nbsp;&nbsp; 3208564 |
|  | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Shares** |  |
| **Money Market Funds–2.48%** | **Money Market Funds–2.48%** | **Money Market Funds–2.48%** | **Money Market Funds–2.48%** |
| Invesco Government & Agency Portfolio, Institutional Class, 3.73%<sup>(h)(i)</sup> | Invesco Government & Agency Portfolio, Institutional Class, 3.73%<sup>(h)(i)</sup> | &nbsp;&nbsp; 1784235 | &nbsp;&nbsp; 1784235 |
| Invesco Liquid Assets Portfolio, Institutional Class, 3.95%<sup>(h)(i)</sup> | Invesco Liquid Assets Portfolio, Institutional Class, 3.95%<sup>(h)(i)</sup> | &nbsp;&nbsp; 1274501 | &nbsp;&nbsp; 1274883 |
| Invesco Treasury Portfolio, Institutional Class, 3.76%<sup>(h)(i)</sup> | Invesco Treasury Portfolio, Institutional Class, 3.76%<sup>(h)(i)</sup> | &nbsp;&nbsp; 2039126 | &nbsp;&nbsp; 2039126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Money Market Funds (Cost $5,098,063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Money Market Funds (Cost $5,098,063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Money Market Funds (Cost $5,098,063) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5098244 |
| TOTAL INVESTMENTS IN SECURITIES–137.62% (Cost $318,787,706) | TOTAL INVESTMENTS IN SECURITIES–137.62% (Cost $318,787,706) | TOTAL INVESTMENTS IN SECURITIES–137.62% (Cost $318,787,706) | &nbsp;&nbsp;&nbsp;&nbsp;283122747 |
| REVERSE REPURCHASE AGREEMENTS–<br> (38.89)% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;(80000000) |
| OTHER ASSETS LESS LIABILITIES—1.27% | OTHER ASSETS LESS LIABILITIES—1.27% | OTHER ASSETS LESS LIABILITIES—1.27% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2607055 |
| NET ASSETS APPLICABLE TO COMMON SHARES–100.00% | NET ASSETS APPLICABLE TO COMMON SHARES–100.00% | NET ASSETS APPLICABLE TO COMMON SHARES–100.00% | &nbsp;&nbsp;$205729802 |

---

Investment Abbreviations:

---

| | |
|:---|:---|
| IO | – Interest Only |
| LIBOR | – London Interbank Offered Rate |
| Pfd. | – Preferred |
| REIT | – Real Estate Investment Trust |
| USD | – U.S. Dollar |

---

Notes to Schedule of Investments:

<sup>(a)</sup> Maturity date reflects the anticipated repayment date.

<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 November 30, 2022 was $216,448,466, which represented 105.21% of the Fund's Net Assets.

<sup>(c)</sup> Interest or dividend rate is redetermined periodically. Rate shown is the rate in effect on November 30, 2022.

<sup>(d)</sup> Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on November 30, 2022.

<sup>(e)</sup> All or a portion of the security is pledged as collateral for open reverse repurchase agreeements.

---

| | | | |
|:---|:---|:---|:---|
| **Counterparty** | **Reverse<br> Repurchase<br> Agreements** | &nbsp;&nbsp;&nbsp;&nbsp;**Value of<br> Non-cash<br> Collateral<br> Pledged\*** | &nbsp;&nbsp;&nbsp;&nbsp;**Net<br> Amount** |
| Wells Fargo Bank, N.A. | $80000000 | &nbsp;&nbsp;&nbsp;$(80000000) | &nbsp;&nbsp;&nbsp;$— |

---

\* Amount does not include excess collateral pledged.

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

Invesco High Income 2023 Target Term Fund

------

<sup>(f)</sup> Interest only security. Principal amount shown is the notional principal and does not reflect the maturity value of the security. Interest rate is redetermined periodically based on the cash flows generated by the pool of assets backing the security, less any applicable fees. The rate shown is the rate in effect on November 30, 2022.

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

<sup>(h)</sup> Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund's transactions in, and earnings from, its investments in affiliates for the nine months ended November 30, 2022.

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value<br> February 28, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Purchases<br> at Cost** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Proceeds<br> from Sales** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Change in<br> Unrealized<br> Appreciation** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Realized<br> Gain** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Value<br> November 30, 2022** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Dividend Income** |
| **Investments in Affiliated Money Market Funds:** |  |  |  |  |  |  |  |
| Invesco Government & Agency Portfolio, Institutional Class | &nbsp;&nbsp;$386992 | &nbsp;&nbsp;&nbsp;&nbsp;$8796581 | &nbsp;&nbsp;&nbsp;&nbsp;$(7399338) | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$- | &nbsp;&nbsp;&nbsp;&nbsp;$1784235 | &nbsp;&nbsp;&nbsp;&nbsp;$6445 |
| Invesco Liquid Assets Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;276387 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6283272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5285190) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1274883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7715 |
| Invesco Treasury Portfolio, Institutional Class | &nbsp;&nbsp;&nbsp;&nbsp;442277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10053235 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8456386) | &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;2039126 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11857 |
| Total | $1105656 | &nbsp;&nbsp;&nbsp;&nbsp;$25133088 | &nbsp;&nbsp;&nbsp;&nbsp;$(21140914) | &nbsp;&nbsp;&nbsp;&nbsp;$162 | &nbsp;&nbsp;&nbsp;&nbsp;$252 | &nbsp;&nbsp;&nbsp;&nbsp;$5098244 | &nbsp;&nbsp;&nbsp;&nbsp;$26017 |

---

<sup>(i)</sup> The rate shown is the 7-day SEC standardized yield as of November 30, 2022.

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** | **Open Centrally Cleared Interest Rate Swap Agreements<sup>(a)</sup>** |
| **Pay/<br> Receive<br> Floating<br> Rate** | &nbsp;&nbsp;**Floating Rate Index** | &nbsp;&nbsp;**Payment<br> Frequency** | &nbsp;&nbsp;**(Pay)/<br> Receive<br> Fixed<br> Rate** | &nbsp;&nbsp;**Payment<br> Frequency** | &nbsp;&nbsp;**Maturity<br> Date** | &nbsp;&nbsp;**Notional Value** | &nbsp;&nbsp;**Notional Value** | **Upfront<br> Payments<br> Paid<br> (Received)** | &nbsp;&nbsp;**Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation** |
| **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** | **Interest Rate Risk** |
| Receive | &nbsp;&nbsp;3 Month USD LIBOR | &nbsp;&nbsp;Quarterly | &nbsp;&nbsp;(2.82)% | &nbsp;&nbsp;Semi-Annually | &nbsp;&nbsp;12/01/2023 | &nbsp;&nbsp;USD | &nbsp;&nbsp;8000000 | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;$177561 | &nbsp;&nbsp;&nbsp;$177561 |
| Receive | &nbsp;&nbsp;1 Month USD LIBOR | &nbsp;&nbsp;Monthly | &nbsp;&nbsp;(2.12) | &nbsp;&nbsp;Semi-Annually | &nbsp;&nbsp;12/01/2023 | &nbsp;&nbsp;USD | 50000000 | &nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;1369920 | &nbsp;&nbsp;&nbsp;1369920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Centrally Cleared Interest Rate Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Centrally Cleared Interest Rate Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Centrally Cleared Interest Rate Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Centrally Cleared Interest Rate Swap Agreements | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Centrally Cleared Interest Rate Swap Agreements |  |  |  | &nbsp;&nbsp;$— | &nbsp;&nbsp;$1547481 | &nbsp;&nbsp;$1547481 |

---

<sup>(a)</sup> Centrally cleared swap agreements collateralized by $383,501 cash held with Merrill Lynch International.

Abbreviations: <br> LIBOR —London Interbank Offered Rate <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 High Income 2023 Target Term Fund

------

### Notes to Quarterly Schedule of Portfolio Holdings
*November 30, 2022*

(Unaudited)

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

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

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

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

The following is a summary of the tiered valuation input levels, as of November 30, 2022. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.

---

| | | | | |
|:---|:---|:---|:---|:---|
| <br>**Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 2**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 3**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total**  |
| Asset-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$262906978 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$262906978 |
| Preferred Stocks | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11908961 | &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;11908961 |
| U.S. Dollar Denominated Bonds & Notes | &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;3208564 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3208564 |
| Money Market Funds | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5098244 | &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;5098244 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17007205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266115542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;283122747 |
| **Other Investments - Assets\*** |  |  |  |  |
| Swap Agreements | &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;1547481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1547481 |
| **Other Investments - Liabilities** |  |  |  |  |
| **Reverse Repurchase Agreements** | &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;(80000000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(80000000) |
| &nbsp;&nbsp;&nbsp;**Total Investments** | &nbsp;&nbsp;&nbsp;&nbsp;$17007205 | &nbsp;&nbsp;&nbsp;&nbsp;$187663023 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$204670228 |

---

\* Unrealized appreciation (depreciation).

Invesco High Income 2023 Target Term 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:** Invesco High Income 2023 Target Term Fund

- **b. Investment Company Act file number:** 811-23186

- **c. CIK number of Registrant:** 0001682811

- **d. LEI of Registrant:** 549300BCZEX5Z2RBWI81

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

  - **Street Address 1:** 1555 Peachtree St.

  - **City:** Atlanta

  - **State:** GA

  - **Foreign country:** US

  - **Zip / Postal Code:** 30309

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

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

- **a. Name of Series:** Invesco High Income 2023 Target Term Fund

- **c. LEI of Series:** 549300BCZEX5Z2RBWI81

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $286544257.35

**Total Liabilities:** $80832547.21

**Net Assets:** $205711710.14

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -2132.44121894 | **1-Year:** -9745.27747255 | **5-Year:** -425.39131296 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** -1447.40054882 | **1-Year:** -8547.14394936 | **5-Year:** -1338.07878196 | **10-Year:** 0.00000001 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -1.74%               | -0.87%               | 0.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $126.64                  | $-5140381.05                               |
| Month 2  | $-106151.59              | $-3203595.64                               |
| Month 3  | $28.05                   | $674022.32                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Barclays U.S. CMBS Index

- **Index Identifier:** 100% BB-US CMBS

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Invesco Treasury Portfolio                                         | Invesco Treasury Portfolio, Institutional Class                                  | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | STIV             | RF                | US        |   2039126 | NS      | $2039125.97   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| FREMF Mortgage Trust                                               | FREMF Mortgage Trust, Series 2015-KF12, Class B                                  | CUSIP: 30293RAC7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    855533 | PA      | $854091.91    | 0.42%             | 2022-12-25      | Floating      | 10.90%                | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                       | GS Mortgage Securities Trust, Series 2013-GC12, Class B                          | CUSIP: 36197XAQ7<br>LEI: 549300SSCQUZ3RRV2T53 | Long             | ABS-MBS          | CORP              | US        |   1865000 | PA      | $1833467.89   | 0.89%             | 2046-06-10      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                | Citigroup Commercial Mortgage Trust, Series 2013-GC15, Class A4                  | CUSIP: 17321JAD6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3111450 | PA      | $3073700.02   | 1.49%             | 2046-09-10      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-UBS1, Class D                       | CUSIP: 92938JAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4799817.00   | 2.33%             | 2046-03-15      | Variable      | 5.19%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-WPT, Class FFX | CUSIP: 46645WBJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $2959943.70   | 1.44%             | 2033-07-05      | Variable      | 5.54%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C10, Class E   | CUSIP: 46639JAP5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $720038.44    | 0.35%             | 2047-12-15      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2012-CR2, Class E                              | CUSIP: 12624KAY2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1281190.95   | 0.62%             | 2045-08-15      | Variable      | 5.07%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C12, Class E                        | CUSIP: 92937FAW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    776000 | PA      | $740474.88    | 0.36%             | 2048-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                | Citigroup Commercial Mortgage Trust, Series 2014-GC19, Class D                   | CUSIP: 17322AAM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1500000 | PA      | $1404154.20   | 0.68%             | 2047-03-11      | Variable      | 5.26%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2013-CR6, Class D                              | CUSIP: 12624XAV0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3375000 | PA      | $3257091.68   | 1.58%             | 2046-03-10      | Variable      | 4.23%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Portfolio                              | Invesco Government & Agency Portfolio, Institutional Class                       | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   1784235 | NS      | $1784235.22   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust                 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C13, Class XA    | CUSIP: 61763BAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  34892572 | PA      | $201839.57    | 0.10%             | 2046-11-15      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp.                                                | Rithm Capital Corp., Series D, Pfd.                                              | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     80000 | NS      | $1546400.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Mortgage Securities Corp. Trust                                 | GS Mortgage Securities Corp. Trust, Series 2018-TWR, Class G                     | CUSIP: 36251SAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $819500.00    | 0.40%             | 2031-07-15      | Floating      | 8.05%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHH, Class E   | CUSIP: 46650FAN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $992598.30    | 0.48%             | 2035-06-15      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| Chimera Investment Corp.                                           | Chimera Investment Corp., Series D, Pfd.                                         | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    167800 | NS      | $3386204.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DBUBS Mortgage Trust                                               | DBUBS Mortgage Trust, Series 2011-LC3A, Class E                                  | CUSIP: 23305YAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $377797.60    | 0.18%             | 2044-08-10      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Dynex Capital, Inc.                                                | Dynex Capital, Inc., Series C, Pfd.                                              | CUSIP: 26817Q878<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EP               | CORP              | US        |     65000 | NS      | $1414400.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2014-CR16, Class D                             | CUSIP: 12591VAQ4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12680000 | PA      | $11029743.65  | 5.36%             | 2047-04-10      | Variable      | 5.08%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                         | JPMBB Commercial Mortgage Securities Trust, Series 2014-C19, Class B             | CUSIP: 46641WBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6500000 | PA      | $6203001.35   | 3.02%             | 2047-04-15      | Variable      | 4.39%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2013-CR8, Class E                              | CUSIP: 12625KAQ8<br>LEI: 549300NGGFIEJ2ER3D22 | Long             | ABS-MBS          | CORP              | US        |   7000000 | PA      | $6481235.60   | 3.15%             | 2046-06-10      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C17, Class D                        | CUSIP: 92938GAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  20419000 | PA      | $18903844.86  | 9.19%             | 2046-12-15      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| Two Harbors Investment Corp.                                       | Two Harbors Investment Corp., Series C, Pfd.                                     | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |    173200 | NS      | $3332368.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C16, Class D   | CUSIP: 46641BAP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13875000 | PA      | $13095272.18  | 6.37%             | 2046-12-15      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Hilton USA Trust                                                   | Hilton USA Trust, Series 2016-SFP, Class E                                       | CUSIP: 43289VAQ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8500000 | PA      | $7970383.70   | 3.87%             | 2035-11-05      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| BX Commercial Mortgage Trust                                       | BX Commercial Mortgage Trust, Series 2021-VOLT, Class D                          | CUSIP: 05609VAL9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $935092.30    | 0.45%             | 2036-09-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C16, Class E                        | CUSIP: 92938EBU6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9450000 | PA      | $7824130.34   | 3.80%             | 2046-09-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                         | JPMBB Commercial Mortgage Securities Trust, Series 2013-C12, Class D             | CUSIP: 46639NAX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3191933 | PA      | $2998686.99   | 1.46%             | 2045-07-15      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Trust                                       | GS Mortgage Securities Trust, Series 2013-GC13, Class D                          | CUSIP: 36198EBB0<br>LEI: 549300WF5YRKNHB1FX69 | Long             | ABS-MBS          | CORP              | US        |  11546000 | PA      | $5159528.69   | 2.51%             | 2046-07-10      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                                    | CFCRE Commercial Mortgage Trust, Series 2018-TAN, Class E                        | CUSIP: 12528DAL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4750992.50   | 2.31%             | 2033-02-15      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2013-CR11, Class D                             | CUSIP: 12626LAY8<br>LEI: 549300BCCWSDWINK2593 | Long             | ABS-MBS          | CORP              | US        |  14523000 | PA      | $13885851.30  | 6.75%             | 2050-08-10      | Variable      | 5.28%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. II                                    | GS Mortgage Securities Corp. II, Series 2013-GC10, Class XA                      | CUSIP: 36192CAG0<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |   5189592 | PA      | $55.01        | 0.00%             | 2046-02-10      | Variable      | 1.48%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHH, Class F   | CUSIP: 46650FAQ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $461648.50    | 0.22%             | 2035-06-15      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C13, Class XC  | CUSIP: 46640JAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  69684664 | PA      | $68444.28     | 0.03%             | 2046-01-15      | Variable      | 0.23%                 | No            |                  2 | On Loan: No      |
| GS Mortgage Securities Corp. II                                    | GS Mortgage Securities Corp. II, Series 2013-GC10, Class D                       | CUSIP: 36192CAQ8<br>LEI: 5493005BBCF84ICNQ550 | Long             | ABS-MBS          | CORP              | US        |   6625000 | PA      | $6075228.35   | 2.95%             | 2046-02-10      | Variable      | 4.56%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C12, Class XA                       | CUSIP: 92937FAJ0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2786900 | PA      | $64.10        | 0.00%             | 2048-03-15      | Variable      | 1.18%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                | Citigroup Commercial Mortgage Trust, Series 2013-GC11, Class D                   | CUSIP: 17320DAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14500000 | PA      | $13921800.90  | 6.77%             | 2046-04-10      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                                | CME Group Inc.                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |         1 | NC      | $1369920.00   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2014-CR14, Class D                             | CUSIP: 12630DAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  12267000 | PA      | $11172665.84  | 5.43%             | 2047-02-10      | Variable      | 4.73%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C13, Class XA                       | CUSIP: 92937UAS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  18216566 | PA      | $12429.16     | 0.01%             | 2045-05-15      | Variable      | 1.30%                 | No            |                  2 | On Loan: No      |
| UBS-Barclays Commercial Mortgage Trust                             | UBS-Barclays Commercial Mortgage Trust, Series 2013-C5, Class D                  | CUSIP: 90270YAN9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8090000 | PA      | $5416959.64   | 2.63%             | 2046-03-10      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Citigroup Commercial Mortgage Trust                                | Citigroup Commercial Mortgage Trust, Series 2013-GC17, Class D                   | CUSIP: 17321RAM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $3577400.00   | 1.74%             | 2046-11-10      | Variable      | 5.10%                 | No            |                  2 | On Loan: No      |
| FREMF Mortgage Trust                                               | FREMF Mortgage Trust, Series 2014-K36, Class B                                   | CUSIP: 30291WAN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1025000 | PA      | $1008612.20   | 0.49%             | 2046-12-25      | Variable      | 1.11%                 | No            |                  2 | On Loan: No      |
| Hilton USA Trust                                                   | Hilton USA Trust, Series 2016-SFP, Class F                                       | CUSIP: 43289VAS2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1856912.40   | 0.90%             | 2035-11-05      | Fixed         | 6.16%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust                 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C10, Class D     | CUSIP: 61762MBC4<br>LEI: 549300P1YQ48837ZOI22 | Long             | ABS-MBS          | CORP              | US        |   3426000 | PA      | $2354236.20   | 1.14%             | 2046-07-15      | Variable      | 4.21%                 | No            |                  2 | On Loan: No      |
| Invesco Liquid Assets Portfolio                                    | Invesco Liquid Assets Portfolio                                                  | CUSIP: 825252729<br>LEI: 549300DC1W0JSX3QRC47 | Long             | STIV             | RF                | US        |   1274500 | NS      | $1274882.69   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C13, Class XA  | CUSIP: 46640JAT4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  56117785 | PA      | $13580.50     | 0.01%             | 2046-01-15      | Variable      | 0.19%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust                 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C15, Class D     | CUSIP: 61763KAE4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  16500000 | PA      | $15278674.95  | 7.43%             | 2047-04-15      | Variable      | 5.05%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2013-CR8, Class D                              | CUSIP: 12625KAP0<br>LEI: 549300NGGFIEJ2ER3D22 | Long             | ABS-MBS          | CORP              | US        |   6000000 | PA      | $5705982.60   | 2.77%             | 2046-06-10      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-C10, Class D   | CUSIP: 46639JAL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  19348000 | PA      | $17163171.60  | 8.34%             | 2047-12-15      | Variable      | 4.35%                 | No            |                  2 | On Loan: No      |
| N/A                                                                | CME Group Inc.                                                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | N/A       |         1 | NC      | $177561.20    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennymac Mortgage Investment Trust                                 | Pennymac Mortgage Investment Trust, Series B, Pfd.                               | CUSIP: 70931T400<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    102181 | NS      | $2229589.42   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2013-C14, Class D                        | CUSIP: 92890PBG8<br>LEI: 549300GADFYEKC4OLM57 | Long             | ABS-MBS          | CORP              | US        |   3400000 | PA      | $3089499.93   | 1.50%             | 2046-06-15      | Variable      | 4.09%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2014-C19, Class D                        | CUSIP: 92938VAA3<br>LEI: 549300FCX3YXSYSLU895 | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $9131207.00   | 4.44%             | 2047-03-15      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Bank of America Merrill Lynch Trust                 | Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C14, Class D     | CUSIP: 61690GAT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7579400 | PA      | $7188778.95   | 3.49%             | 2047-02-15      | Variable      | 5.23%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2014-UBS3, Class C                             | CUSIP: 12591YBH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10250000 | PA      | $9659133.63   | 4.70%             | 2047-06-10      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| WFRBS Commercial Mortgage Trust                                    | WFRBS Commercial Mortgage Trust, Series 2012-C9, Class D                         | CUSIP: 92930RAJ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3367903 | PA      | $3294230.32   | 1.60%             | 2045-11-15      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| CFCRE Commercial Mortgage Trust                                    | CFCRE Commercial Mortgage Trust, Series 2018-TAN, Class C                        | CUSIP: 12528DAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5000000 | PA      | $4781324.00   | 2.32%             | 2033-02-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Commercial Mortgage Trust                                          | Commercial Mortgage Trust, Series 2014-LC15, Class D                             | CUSIP: 12591TAQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9010000 | PA      | $8322420.77   | 4.05%             | 2047-04-10      | Variable      | 5.17%                 | No            |                  2 | On Loan: No      |
| Taylor Morrison Communities Inc / Taylor Morrison Holdings II Inc. | Taylor Morrison Communities Inc / Taylor Morrison Holdings II Inc.               | CUSIP: 877249AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   3250000 | PA      | $3208564.03   | 1.56%             | 2024-03-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BFTEST                                                             | BFTEST                                                                           | CUSIP: N/A<br>LEI: BFTESTLEI12345678910       | Short            | RA               | CORP              | US        | -80000000 | PA      | $-80000000.00 | -38.89%           |  |  |  | No            |                  2 | On Loan: No      |
| JP Morgan Chase Commercial Mortgage Securities Trust               | JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class D  | CUSIP: 46639YAX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10248000 | PA      | $8520438.28   | 4.14%             | 2046-04-15      | Variable      | 4.37%                 | No            |                  2 | On Loan: No      |
| JPMBB Commercial Mortgage Securities Trust                         | JPMBB Commercial Mortgage Securities Trust, Series 2014-C19, Class D             | CUSIP: 46641WAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2500000 | PA      | $2278608.75   | 1.11%             | 2047-04-15      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** Invesco High Income 2023 Target Term Fund

**Signature:** Sheri Morris

**Name of Signer:** Sheri Morris

**Title:** President