Invesco Discovery Fund

AIM Counselor Series Trust (Invesco Counselor Series Trust)

Actively managed U.S. equity fund
$7.83B NAV
97 positions · as of 2026-05-31 · filed 2026-07-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Discovery Fund is an actively managed U.S. equity fund. 32% of Invesco Discovery Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 87% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q4

The Funds investment objective is to seek capital appreciation.

Strategy · summarised

The fund invests in common stocks of small-capitalization growth companies selected through bottom-up fundamental analysis, focusing on firms with industry leadership, market share growth, strong management, and sustainable competitive advantages. The fund may invest without limit in foreign securities across developed and emerging markets. Because individual security picks drive returns, performance depends on the portfolio managers' stock selection decisions.

Expenses
0.65% 1.79%across 6 share classes
Share classExpense ratio
C0002091750.72%
C0002091761.03%
C0002091770.79%
C0002091781.29%
C0002091790.65%
C0002091801.79%

Portfolio turnover 87.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.03%
of net assets
Stocks96.14%
Cash & short-term4.89%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology26.0%
Industrials25.7%
Health Care17.8%
International7.5%
6 smaller23.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
32%of stock holdings in top-quartile growers
covering 87% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 27 new28 exited

Largest new: VIAV, CHRD, CGNX, PIPR, ARCB, KEX, TWST, Golar LNG Ltd.

Largest exited: PRIM, FSS, LITE, RMBS, Piper Sandler Cos., KTOS, CR, RRR

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+61.28%
3-year
+97.38%
5-year
+52.28%
Volatility
17.95%
Worst 3-yr fall
-19.18%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Sterling Infrastructure, Inc.STRL2.74%$214.88M
Invesco Treasury PortfolioTRPXX2.48%$194.48M
BrightSpring Health Services, Inc.BTSG2.43%$190.16M
TTM Technologies, Inc.TTMI2.38%$186.57M
FabrinetFN2.32%$181.67M
MACOM Technology Solutions Holdings, Inc.MTSI2.27%$178.03M
Lattice Semiconductor Corp.LSCC2.23%$174.69M
Advanced Energy Industries, Inc.AEIS1.93%$151.12M
Sanmina Corp.SANM1.87%$146.37M
Modine Manufacturing Co.MOD1.77%$138.97M
Showing 10 of 97Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 22.44% of net assets, top 25 46.88%, across 97 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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