(PUB) Investing 2015

23

December 2015

Morningstar FundInvestor

Data through November 30, 2015 FINRA members: For internal or institutional use only. Invesco Diversified Dividend A

Ticker LCEAX

Yield 1.5%

Total Assets $11,978 mil

Mstar Category Large Value

Benchmark 1: Russell 1000 Value TR USD Benchmark 2: S&P 500 TR USD Morningstar Analyst Rating 10-23-15 „

Investment Style Equity

Historical Profile Return Risk Rating Above Avg Below Avg QQQQ Above Avg

4 1 1 1 1 1 1 1

20.0

Growth of $10,000

Investment Values of Fund Investment Values of Benchmark 1

15.0

Morningstar Pillars Process

∞ Positive ∞ Positive ∞ Positive ¶ Neutral ∞ Positive

10.0

Performance

People Parent

Performance Quartile (within Category)

( ( ( & * * * & ( * & 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 11-15 12.41 13.65 12.56 8.97 10.87 12.26 11.89 13.47 16.94 18.30 18.76 5.23 16.41 0.36 -26.95 23.66 15.12 -0.20 17.17 29.00 11.93 3.62 -1.82 -5.83 0.53 9.90 3.97 -0.39 -0.59 -0.33 -3.53 -1.52 5.33 0.32 0.62 -5.13 10.05 -2.80 0.05 -2.31 1.17 -3.39 -1.76 0.61 1.33 1.54 1.50 1.96 2.07 2.19 1.66 2.05 1.83 1.63 1.09 3.90 14.87 -1.13 -28.91 21.59 12.93 -1.86 15.12 27.17 10.30 2.52 0.16 0.19 0.20 0.24 0.18 0.24 0.20 0.24 0.24 0.27 0.20 0.16 0.59 0.94 0.00 0.00 0.00 0.14 0.21 0.16 0.36 0.00 1.15 1.03 1.00 1.02 1.12 1.02 0.97 0.92 0.87 0.84 0.83 1.27 1.43 1.45 1.93 2.17 2.23 1.64 1.78 1.65 1.59 1.51 54 72 60 3 47 26 43 21 75 27 2

Price

History

Morningstar Analyst Rating Morningstar evaluates mutual funds based on five key pillars, which its analysts believe lead to funds that are more likely to outperform over the long term on a risk-adjusted basis. Analyst Rating Spectrum Œ „ ´ ‰ Á

NAV

Total Return % +/- Bmark 1 +/- Bmark 2 Income Return % Capital Return % Capital Gains $ Expense Ratio % Income Ratio % Turnover Rate % Net Assets $mil Total Rtn % Rank Cat Income $

Pillar Spectrum ∞ Positive

§ Negative

¶ Neutral

Performance 11-30-15 1st Qtr 2nd Qtr

3rd Qtr

4th Qtr

Total

2011 2012 2013 2014 2015

4.91 1.03 -14.72 10.41 -0.20 10.08 -1.30 5.61 2.11 17.17 12.76 1.87 3.26 8.74 29.00 3.67 3.84 -1.46 5.51 11.93

.

22

9

17

18

24

13

20

12

9

6

223

271

220

163

202

465 2,150 2,565 3,904 4,312 4,789

Rating and Risk Time Period Load-Adj Return %

Portfolio Analysis 09-30-15 Total Stocks: 78 Share change since 06-30-15

2.06 -0.13 -2.62

— —

Morningstar Rtn vs Cat

Morningstar Risk vs Cat

Morningstar Risk-Adj Rating

Sector

YTD Ret % % Assets

Trailing

Total Return%

+/- Bmark 1

+/- Bmark 2

%Rank Cat

Growth of $10,000

T Invesco Short Term Inv Li T Invesco Treasurer's Ser T

— —

— 5.08 — 5.08

1 Yr 3 Yr 5 Yr

-1.93 12.66 12.09

3 Mo 6 Mo

3.22 -1.48 -2.84 0.39 3.47 0.61 3.78 4.89 1.03 14.80 0.12 -1.29 13.37 -0.10 -1.03 7.88 1.43 0.40

69 10,322 4 10,039 2 10,378 20 15,130 20 18,726 8 21,353

Low QQQ Low QQQ -Avg QQQQ

Avg Avg

General Mills Inc Campbell Soup Co

Cnsmr Def Cnsmr Def Cnsmr Def Cnsmr Def Comm Svcs Hlth Care Cnsmr Def Cnsmr Def

11.55 3.41 21.56 2.81 4.07 2.43 — 2.43 5.84 2.19 21.81 2.11 12.11 2.05 4.30 1.88 -1.65 1.84 8.38 1.79 19.24 1.77 5.82 1.70 11.18 1.69 5.86 1.68 -23.00 1.67 27.76 0.74 1.75 0.65 9.89 2.05 16.12 0.63 0.00 0.00 21.66 0.57 3.73 1.37 6.33 0.47 10.03 0.97 1.57 0.14 50.58 2.07 30.96 4.40 6.16 0.53 13.46 2.32 — 2.07 — 1.66 64.67 1.63 % of Stocks Rel Bmark 1

1 Yr

10 Yr Incept

7.27 7.28

+Avg

3 Yr Avg 5 Yr Avg 10 Yr Avg 15 Yr Avg

T Coca-Cola Co Y Heineken NV

T AT&T Inc

Other Measures

Standard Index

Best Fit Index

— — — — —

Y Eli Lilly and Co

Alpha

2.2

2.1

R The Kraft Heinz Co

Beta

0.78

0.78

Tax Analysis

Tax Adj Rtn% %Rank Cat Tax-Cost Rat %Rank Cat

Y Walgreens Boots Alliance

R-Squared

86

87

3 Yr (estimated) 5 Yr (estimated) 10 Yr (estimated)

11.55 11.18

52 41 13

0.98 0.82 0.93

40 43 46

T PPL Corp Y Target Corp

Utilities

Standard Deviation

8.80

Cnsmr Def

6.28

Mean

14.80

Y General Dynamics Corp Newell Rubbermaid Inc

Industrl

Sharpe Ratio

1.62

Cnsmr Def Cnsmr Def Cnsmr Cyc Finan Svcs

Potential Capital Gain Exposure: 28% of assets

Sysco Corp

Morningstar's Take by Susan Wasserman 10-23-15 Successfulexecutionofaprudentapproachbyacohesive team earns Invesco Diversified Dividend a Morningstar Analyst Rating of Silver. The fund believes in winning by not losing. Lead manager Meggan Walsh, two comanagers, and three analysts are each responsible for covering a subset of sectors. They target firms with healthy balance sheets, stable management and earnings power over a two- to three-year investment horizon, and free cash flow growth. Ideas are put through bear scenarios to test their viability in down markets and the overall risk/reward of the stock. A stock's base case must have at least 3-to-1 upside from its bear case. On the sell-side, the team places a holding under watch if fundamentals deteriorate or the stock is priced below cost basis over a protracted period of time. The result is a fairly concentrated portfolio of 70-85 positions and very low turnover relative to the large-value Morningstar Category. The fund sets itself apart in other ways. Walsh doesn’t like the concentrated sectors, and the team has stayed away from technology and healthcare--just 8% of assets combined in those sectors, compared with about

Darden Restaurants Inc

Zions Bancorp

25% of assets for the Russell 1000 Value Index and the typical fund in the category. Walsh likes stocks that will performwell over a full market cycle. So the team instead has focused on consumer defensive and consumer cyclical stocks, stashing 42% of assets there, more than double the category average. This prudent approach works. The fund has lagged the Russell 1000 Value and racier peers in some buoyant markets but has protected well on the downside. Strong stock-picking has helped drive results: consumer defensive picks have been especially strong for the year todate,whereasmostsectorshavehadnegative returns. The net result has been a great long-term risk/reward profile. The fund has handily outperformed the Russell 1000 Value Index and its typical peer on a risk-adjusted return basis since its inception. And performance during recent market volatility confirms that it remains well- positioned to weather sustained market corrections.

T Exelon Corp

Utilities Energy

T Total SA

Y StanCorp Financial Group

Finan Svcs

Current Investment Style

Sector Weightings h Cyclical r BasicMat t CnsmrCyc y FinanSvcs u Real Est j Sensitive i CommSrvs o Energy p Industrl a Technlgy k Defensive s CnsmrDef d Hlthcare f Utilities

Market Cap % Giant 30.6 Large 38.8 Mid 27.6 Small 3.0 Micro 0.0 Avg $mil: 28,519

Value Blend Growth

Large Mid Small

Value Measures

Rel Category

Price/Earnings 18.17

1.19 1.12 1.08 1.11 0.99 0.93 0.89 0.81 0.86 -1.20

Price/Book Price/Sales

1.99 1.37

Price/Cash Flow 8.89 Dividend Yield % 2.98

Growth Measures

% Rel Category

Long-Term Erngs 8.44

Book Value

4.46 1.75 3.43

Composition - Net

Sales

Cash 10.2 Stocks 89.8 Bonds 0.0 Other 0.0 Foreign 13.2 (% of Stock)

Address:

AIM Equity Funds Houston, TX 77046

Minimum Purchase: Min Auto Inv Plan:

$1000

Add: $50 IRA: $250

Cash Flow

$50

Add: $50

Historical Erngs -4.65

800-959-4246

Sales Fees:

5.50%L

Web Address:

www.invesco.com/us

Management Fee:

0.60% mx./0.35% mn. Mgt:0.42% Dist:0.25%

Profitability

%

Inception:

12-31-01

Actual Fees:

Return on Equity Return on Assets

16.79

Advisor:

Invesco Advisers, Inc.

Expense Projections: Income Distribution:

3Yr:$805 5Yr:$995 10Yr:$1540

5.36 9.97

Subadvisor:

None

Quarterly

Net Margin

A

ß ® Mutual Funds

©2015Morningstar, Inc.All rights reserved. The information herein is not represented orwarranted to be accurate, complete or timely. Past performance is no guarantee of future results.Access updated reports at www.morningstar.com . To order reprints, call 312-696-6100.