Invesco Discovery Large Cap Fund

AIM Counselor Series Trust (Invesco Counselor Series Trust)

Actively managed U.S. equity fund
$6.34B NAV
55 positions · as of 2026-05-31 · filed 2026-07-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Discovery Large Cap Fund is an actively managed U.S. equity fund. 38% of Invesco Discovery Large Cap 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 93% of the fund’s equity).

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

Fund profile

As filed in the prospectus · 2025 Q4

The Funds investment objective is to seek capital appreciation.

Strategy · summarised

The fund invests at least 80% of its net assets in common stocks of large-cap growth companies, identified through bottom-up fundamental analysis of individual issuers for characteristics including industry leadership, market share growth, management quality, and sustainable competitive advantages. Because the fund is non-diversified, it may concentrate a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund. The fund invests primarily in U.S. companies but has no limits on foreign securities, including emerging markets.

Expenses
0.63% 1.70%across 6 share classes
Share classExpense ratio
C0002091690.93%
C0002091701.20%
C0002091710.70%
C0002091720.70%
C0002091730.63%
C0002091741.70%

Portfolio turnover 63.00% · as of 2025 Q4

Allocation

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

100.00%
of net assets
Stocks99.38%
Cash & short-term0.62%

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 Technology43.2%
Industrials15.5%
Communication Services11.7%
Consumer Discretionary10.7%
8 smaller18.9%

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
38%of stock holdings in top-quartile growers
covering 93% of the fund’s equity
Earnings growth
50%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: 14 new13 exited

Largest new: AMD, WDC, AMAT, NFLX, TXN, FANG, BKR, CAH

Largest exited: APH, COR, ABBV, BLK, SNOW, ANET, LHX, TMO

Return profile

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

1-year
+32.47%
3-year
+94.08%
5-year
+67.49%
Volatility
20.17%
Worst 3-yr fall
-15.58%
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
NVIDIA Corp.NVDA11.05%$700.53M
Alphabet Inc.GOOG8.01%$507.69M
Amazon.com, Inc.AMZN6.49%$411.02M
Apple Inc.AAPL5.72%$362.60M
Broadcom Inc.AVGO4.93%$312.64M
Lam Research Corp.LRCX4.02%$255.01M
Microsoft Corp.MSFT3.59%$227.60M
Taiwan Semiconductor Manufacturing Co. Ltd.TSM3.19%$202.29M
Advanced Micro Devices, Inc.AMD3.13%$198.16M
Western Digital Corp.WDC2.82%$178.46M
Showing 10 of 55Sign 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 52.96% of net assets, top 25 80.29%, across 55 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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