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VK-COM-PC-3_FactSheet 7/12/2017 3:59 PM Page 1 Mutual Fund Retirement Share Classes Data as of June 30, 2017 Invesco Comstock Fund Large-cap value Investment Objective The fund seeks total return through growth of capital and current income. Portfolio Management Kevin C. Holt, Devin E. Armstrong, Charles DyReyes, James Warwick A contrarian approach that utilizes a long-term investment time horizon by making early and patient investments in large undervalued companies, seeking to take advantage of significant discrepancies between the current stock market price and the underlying value of a company. Investment Results Average Annual Total Returns (%) as of June 30, 2017 Fund Facts A: ACSTX C: ACSYX Y: ACSDX R: ACSRX R6: ICSFX R5: ACSHX Total Net Assets $11,984,765,150 Total Number of Holdings 75 Annual Turnover (as of 04/30/17) 18% Distribution Frequency Quarterly Distribution Accrual Quarterly Class A Shares Class Y Shares Class R Shares Nasdaq Top 5 Holdings (% of Total Net Assets) Citigroup Inc. 6.03 Bank of America Corp. JPMorgan Chase & Co. Carnival Corp. Cisco Systems Inc. 4.63 3.94 3.30 2.52 Holdings are subject to change and are not buy/sell recommendations. Expense Ratios Class A Shares Class Y Shares Class R Shares Class R6 Shares Class R5 Shares % Net % Total 0.85 0.60 1.10 0.40 0.50 0.86 0.61 1.11 0.41 0.51 Per the current prospectus Net = Total annual operating expenses less any contractual fee waivers and/or expense reimbursements by the adviser in effect through at least June 30, 2018. See current prospectus for more information. Statistics Fund vs. Index Alpha (%) Beta Up Capture (%) Down Capture (%) 3-Year Standard Deviation 3 Years -2.75 1.18 105.46 121.00 Fund 13.01 5 Years -2.06 1.11 103.30 114.22 Index 10.53 Source: StyleADVISOR; based on Class A shares and fund's style-specific index 30-Day SEC Yields Class A Shares Class R Shares Class R5 Shares Class R6 Shares Class Y Shares 1.37 1.21 1.77 1.87 1.70 Had fees not been waived and/or expenses reimbursed, the SEC yields would have been 1.36% for Class A shares, 1.20% for Class R shares, 1.76% for Class R5 shares, 1.86% for Class R6 shares and 1.69% for Class Y shares. Inception: 10/07/68 Period Inception 10 Years 5 Years 3 Years 1 Year Quarter NAV 10.87 5.73 13.12 5.52 21.96 1.46 Inception: 10/29/04 NAV 7.53 6.00 13.40 5.77 22.22 1.48 Inception: 10/01/02 NAV 9.09 5.47 12.84 5.26 21.60 1.40 Class R6 Shares Class R5 Shares Inception: 09/24/12 Inception: 06/01/10 NAV 5.95 13.59 5.96 22.40 1.52 NAV 6.00 13.51 5.87 22.34 1.50 StyleSpecific Index Russell 1000 Value Index 5.57 13.94 7.36 15.53 1.34 Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Visit invesco.com/performance for the most recent month-end performance. Performance figures reflect reinvested distributions and changes in net asset value (NAV). Investment return and principal value will vary, and you may have a gain or a loss when you sell shares. Class A shares at NAV are available only to certain investors and have no sales charge; therefore, performance is at NAV. Class Y shares have no sales charge; therefore, performance is at NAV. Class R shares have no sales charge; therefore, performance is at NAV. Performance shown prior to the inception date of Class R6 shares is that of Class A shares and includes the 12b-1 fees applicable to Class A shares. Class R6 shares have no sales charge; therefore, performance is at NAV. Performance shown prior to the inception date of Class R5 shares is that of Class A shares and includes the 12b-1 fees applicable to Class A shares. Class R5 shares have no sales charge; therefore, performance is at NAV. Returns less than one year are cumulative; all others are annualized. Fund performance reflects any applicable fee waivers and/or expense reimbursements. Had the adviser not waived fees and/or reimbursed expenses currently or in the past, returns would have been lower. See current prospectus for more information. Index returns do not reflect any fees, expenses, or sales charges. Index source: FactSet Research Systems Inc. Calendar Year Total Returns (%) Class A Shares at NAV 2007 2008 2009 -1.89 -35.89 29.45 2010 15.60 2011 -1.97 2012 18.90 2013 35.24 2014 9.12 2015 -5.93 2016 17.83 YTD 3.42 Class A shares at NAV and Class Y shares are available only to certain investors. Class R shares are generally available only to employee benefit plans. Class R6 shares and Class R5 shares are primarily intended for retirement plans that meet certain standards and for institutional investors. See the prospectus for more information. The fund holdings are organized according to the Global Industry Classification Standard, which was developed by and is the exclusive property and service mark of MSCI Inc. and Standard & Poor’s. The Russell 1000® Value Index is an unmanaged index considered representative of large-cap value stocks. The Russell 1000 Value Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co. An investment cannot be made directly in an index. 12-month forward and trailing P/E are calculated using weighted harmonic averaging, which helps avoid extreme results that may occur due to small relative numbers in the denominator. It doesn’t exclude extreme values; instead, it reduces the effect of outliers on the aggregate calculation. The price/book ratio is the market price of a stock divided by the book value per share. Return on equity (ROE) is net income divided by net worth. The median 12-Month Fwd. Growth Rate is the percent change between the next twelve months' mean EPS estimate and the previous twelve months' actuals. The three-year EPS growth rate is a weighted average of each stock's growth rate in earnings per share (EPS). EPS is total earnings divided by the number of shares outstanding. The five-year dividend growth rate is the weighted average of each stock's annualized percentage rate of growth in dividend yield over five years. The three-year EPS and five-year dividend growth rates are not forecasts of fund performance. Alpha (cash adjusted) is a measure of performance on a risk-adjusted basis. Beta (cash adjusted) is a measure of relative risk and the slope of regression. The up and down capture measures how well a manager was able to replicate or improve on periods of positive benchmark returns and how severely the manager was affected by periods of negative benchmark returns. Standard deviation measures a fund’s range of total returns and identifies the spread of a fund’s short-term fluctuations. VK-COM-PC-3_FactSheet 7/12/2017 3:59 PM Page 2 Ratings are based on a risk-adjusted return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Class A shares received 3 stars for the overall, 2 stars for the three years, 3 stars for the five years and 3 stars for the 10 years. The fund was rated among 1,091, 1,091, 936 and 681 funds within the Morningstar Large Value Category for the overall period, three, five and 10 years, respectively. Overall Morningstar Rating™ (Class A shares as of June 30, 2017) AAA Source: ©2017 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Ratings are as of the most recent quarter end and are subject to change every month. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings for other share classes may differ due to different performance characteristics. Morningstar Rankings Valuation Statistics Class A Shares vs. Morningstar Large Value Category 1 Year 11% (135 of 1,251) 3 Years 75% (816 of 1,091) 5 Years 39% (360 of 936) 10 Years 36% (243 of 681) Source: Morningstar Inc. Morningstar rankings are based on total return, excluding sales charges and including fees and expenses versus all funds in the Morningstar category. Openend mutual funds and exchange-traded funds are considered a single population for comparison purposes. Had fees not been waived and/or expenses reimbursed currently or in the past, the ranking would have been lower. Lipper Rankings Class A Shares vs. Lipper Large-Cap Value Funds Category 1 Year 16% (76 of 476) 3 Years 5 Years 10 Years 79% (327 of 413) 43% (156 of 364) 27% (68 of 252) Source: Lipper Inc. Lipper fund percentile rankings are based on total returns, excluding sales charges and including fees and expenses, and are versus all funds in the Lipper category. Fund performance reflects any applicable fee waivers and/or expense reimbursements. Had fees not been waived and/or expenses reimbursed currently or in the past, the ranking would have been lower. Top Industries (% of Total Net Assets) Diversified Banks 17.02 Integrated Oil & Gas Pharmaceuticals Regional Banks Oil & Gas Exploration & Production Asset Management & Custody Banks Hotels, Resorts, & Cruise Lines Investment Banking & Brokerage Life & Health Insurance Communications Equipment 12-Month Forward P/E 12-Month Trailing P/E Price/Book (Wtd. Avg.) 1-Year ROE (Wtd. Avg.) 12-Month Fwd. Growth Rate (Median) (%) 3-Year EPS Growth Rate (Wtd. Avg.) (%) 5-Year Dividend Growth Rate (Wtd. Avg.) (%) Weighted Average Market Cap ($MM) Weighted Median Market Cap ($MM) Fund Index 13.89 15.81 2.26 10.03 15.82 16.91 2.52 11.73 11.14 8.75 6.44 4.25 15.39 11.08 108,146 114,435 60,425 Equity Sector Breakdown Financials Energy Health Care Information Technology Industrials Consumer Discretionary Consumer Staples Materials Telecommunication Services Utilities Real Estate (% of Total Net Assets) 36.19 14.00 12.64 10.09 9.44 9.06 3.71 1.92 0.76 0.59 0.00 65,479 Source: FactSet Research Systems Inc. About Risk Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit, leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested. The risks of investing in securities of foreign issuers, including emerging markets, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues. Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale. A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets. The fund is subject to certain other risks. Please see the current prospectus for more information regarding the risks associated with an investment in the fund. 8.47 6.80 5.63 4.62 3.39 3.30 3.16 2.58 2.52 Holdings are subject to change and are not buy/sell recommendations. Asset Mix (%) Domestic Common Stk Int'l Common Stk Cash Other 06/30/17 06/30/16 83.19 15.50 1.64 -0.33 85.87 11.94 1.86 0.33 A negative in Cash or Other, as of the date shown, is normally due to fund activity that has accrued or is pending settlement. NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisors for a prospectus/summary prospectus or visit invesco.com/fundprospectus. Note: Not all products available at all firms. Advisors, please contact your home office. All data provided by Invesco unless otherwise noted. Invesco Comstock Fund 52 VK-COM-PC-3 07/17 invesco.com/us Invesco Distributors, Inc.