Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print Invesco VI American Value I Release date as of 2024-03-31. Data on page is subject to change. Snapshot Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-03-31 Out of 380 Mid-Cap Value Funds Morningstar® Style Box™ What is this? As of 2024-02-29 Total Fund Assets ($ Mil) 363.09 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of U.S. issuers and in derivatives and other instruments that have economic characteristics similar to such securities. It invests at least 65% of its net assets in equity securities of mid-capitalization companies. The principal type of equity security in which the fund invests is common stock. The fund also may invest in larger companies.

Morningstar Category: Mid-Cap Value Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow).

Investment Risks Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 79.8 Non-U.S. Stocks 14.6 Bonds 0.0 Cash 5.6 Other 0.0 Data through 2024-02-29 Morningstar Equity Sectors % of Stocks Cyclical 30.62 Basic Materials 10.40 Consumer Cyclical 5.83 Financial Services 14.39 Real Estate 0.00 Sensitive 48.38 Communication Services 0.00 Energy 11.95 Industrials 20.31 Technology 16.12 Defensive 21.00 Consumer Defensive 5.39 Healthcare 8.46 Utilities 7.15 Data through 2024-02-29 Holding Status Total Number of Stock Holdings 56 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 29.76 Turnover % (as of 2023-12-31) 60.00 30 Day SEC Yield % --- Top Holdings Sector P/E % of Net Assets Expedia Group Inc 25.94 3.37 Centene Corp 15.85 3.20 Vertiv Holdings Co Class A 68.63 3.18 Coherent Corp --- 3.17 Fidelity National Information Services Inc 87.27 3.14 Lumentum Holdings Inc --- 3.08 Avantor Inc 54.40 2.74 Vistra Corp 19.46 2.70 NRG Energy Inc --- 2.62 Huntington Bancshares Inc 11.25 2.56 Data through 2024-02-29

Principal Risks    Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Growth Investing, Nondiversification, Active Management, High Portfolio Turnover, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Mid-Cap Show Risk Definitions

Other Information Inception Date: 1997-01-02 Portfolio Manager(s) Jonathan Edwards   (2022-03-10) Jonathan Edwards is a portfolio manager for Invesco small-cap value products. Mr. Edwards entered the fi nancial industry in 1993. He joined Invesco in 2001 as a corporate associate, working with various fund managers throughout Invesco. He previously worked as a credit analyst with Bank of America. Mr. Edwards earned a Bachelor of Science degree in economics, summa cum laude, from Texas A&M University and a Master of Business Administration degree from the McCombs School of Business at The University of Texas at Austin. He is a CFA charterholder. Jonathan Mueller   (2022-03-10) Jonathan Mueller is a portfolio manager for Invesco small-cap value products. Jonathan Mueller joined Invesco in 2001. Mr. Mueller served as a senior equity analyst before being promoted to portfolio manager in 2009. He was an audit senior for Arthur Andersen LLP from 1997 to 1999. Mr. Mueller earned a Bachelor of Business Administration degree in accounting from Texas Christian University and a Master of Business Administration degree in finance from The University of Texas at Austin. He is a Certifi ed Public Accountant and a CFA charterholder. Investment Advisor(s) Invesco Advisers, Inc. Issuer Invesco Subadvisor(s) ---

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