The fund seeks maximum total return consistent with preservation of capital.
Strategy
The fund invests primarily in investment-grade fixed-income securities represented by the Barclays Capital US Aggregate Index, with the ability to invest up to 30% of the portfolio in out-of-index securities such as foreign, emerging market and/or high yield debt.
The map illustrates areas in which the portfolio typically invests, not necessarily within a limited period of time. This portfolio is not classified with regard to one primary market capitalization.
Returns as of date: 09/30/2009 Cum. = cumulative returns / Ann. = average annual total returns
Class
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
A Cum. (NAV)
N/A
1.42%
4.97%
N/A
N/A
N/A
N/A
N/A
N/A
5.05%
A Cum. (Load)
4.75%
-3.37%
-0.03%
N/A
N/A
N/A
N/A
N/A
N/A
0.05%
A Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
A Ann. (Load)
4.75%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
B Cum. (NAV)
N/A
1.36%
4.77%
N/A
N/A
N/A
N/A
N/A
N/A
4.79%
B Cum. (Load)
5.00% (CDSC)
-3.64%
-0.23%
N/A
N/A
N/A
N/A
N/A
N/A
-0.21%
B Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
B Ann. (Load)
5.00% (CDSC)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
C Cum. (NAV)
N/A
1.36%
4.77%
N/A
N/A
N/A
N/A
N/A
N/A
4.79%
C Cum. (Load)
1.00% (CDSC)
0.36%
3.77%
N/A
N/A
N/A
N/A
N/A
N/A
3.79%
C Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
C Ann. (Load)
1.00% (CDSC)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Class
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
R Cum. (NAV)
N/A
1.40%
4.90%
N/A
N/A
N/A
N/A
N/A
N/A
4.96%
R Cum. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R Ann. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Cum. (NAV)
N/A
1.44%
5.03%
N/A
N/A
N/A
N/A
N/A
N/A
5.14%
Y Cum. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Ann. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Returns as of date: 09/30/2009 Cum. = cumulative returns / Ann. = average annual total returns
Benchmark
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
Cum. Style-Specific: Barclays Capital US Aggregate TR
N/A
1.05%
3.74%
5.72%
10.56%
20.48%
28.39%
84.15%
168.57%
Ann. Style-Specific: Barclays Capital US Aggregate TR
N/A
N/A
N/A
N/A
N/A
6.41%
5.13%
6.30%
6.81%
Cum. Broad-Based: Barclays Capital US Aggregate TR
N/A
1.05%
3.74%
5.72%
10.56%
20.48%
28.39%
84.15%
168.57%
Ann. Broad-Based: Barclays Capital US Aggregate TR
N/A
N/A
N/A
N/A
N/A
6.41%
5.13%
6.30%
6.81%
Style-Specific Source: Lipper Inc.
Broad-Based Source: Lipper Inc.
Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares.
Performance figures reflect reinvested distributions and changes in net asset value (NAV) and the effect of the maximum sales charge unless otherwise stated.
Performance shown at NAV does not include sales charges, which would have reduced the performance.
The contingent deferred sales charge (CDSC) on Class B shares declines from 5% beginning at the time of purchase to zero at the beginning of the seventh year. Performance shown at NAV does not include sales charges, which would have reduced the performance.
Class R share returns do not include a 0.75% CDSC that may be imposed on a total redemption of retirement plan assets within the first year. The Class R shares have no sales charge; therefore, performance is at NAV. Class R shares are available only to certain retirement plans and IRAs. Please see theprospectusfor more information.
No contingent deferred sales charge (CDSC) will be imposed on redemptions of Class C shares following one year from the date shares were purchased. Performance shown at NAV does not include sales charges, which would have reduced the performance.
Class Y shares have no sales charge; therefore, performance is at NAV. Class Y shares are closed to most investors. Please see the prospectus for more details.
The Institutional Class shares have no sales charge; therefore, performance is at NAV.
Had fees not been waived and/or expenses reimbursed, returns would have been lower.
Returns as of date: 10/31/2009 Cum. = cumulative returns / Ann. = average annual total returns
Class
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
A Cum. (NAV)
N/A
0.77%
3.21%
N/A
N/A
N/A
N/A
N/A
N/A
5.86%
A Cum. (Load)
4.75%
-4.03%
-1.68%
N/A
N/A
N/A
N/A
N/A
N/A
0.82%
A Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
A Ann. (Load)
4.75%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
B Cum. (NAV)
N/A
0.71%
3.02%
N/A
N/A
N/A
N/A
N/A
N/A
5.53%
B Cum. (Load)
5.00% (CDSC)
-4.29%
-1.98%
N/A
N/A
N/A
N/A
N/A
N/A
0.53%
B Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
B Ann. (Load)
5.00% (CDSC)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
C Cum. (NAV)
N/A
0.71%
3.02%
N/A
N/A
N/A
N/A
N/A
N/A
5.53%
C Cum. (Load)
1.00% (CDSC)
-0.29%
2.02%
N/A
N/A
N/A
N/A
N/A
N/A
4.53%
C Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
C Ann. (Load)
1.00% (CDSC)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Class
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
R Cum. (NAV)
N/A
0.75%
3.15%
N/A
N/A
N/A
N/A
N/A
N/A
5.75%
R Cum. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
R Ann. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Cum. (NAV)
N/A
0.79%
3.28%
N/A
N/A
N/A
N/A
N/A
N/A
5.96%
Y Cum. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Ann. (NAV)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Y Ann. (Load)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Returns as of date: 10/31/2009 Cum. = cumulative returns / Ann. = average annual total returns
Benchmark
Sales Charge
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
15 Yr.
Since Incept.
Cum. Style-Specific: Barclays Capital US Aggregate TR
N/A
0.49%
2.60%
6.24%
13.79%
20.28%
27.95%
84.38%
170.14%
Ann. Style-Specific: Barclays Capital US Aggregate TR
N/A
N/A
N/A
N/A
N/A
6.35%
5.05%
6.31%
6.85%
Cum. Broad-Based: Barclays Capital US Aggregate TR
N/A
0.49%
2.60%
6.24%
13.79%
20.28%
27.95%
84.38%
170.14%
Ann. Broad-Based: Barclays Capital US Aggregate TR
N/A
N/A
N/A
N/A
N/A
6.35%
5.05%
6.31%
6.85%
Style-Specific Source: Lipper Inc.
Broad-Based Source: Lipper Inc.
Distribution History The fund pays dividends
Monthly.
This report must be accompanied or preceded by a currently effective fund prospectus which contains more complete information, including sales charges and expenses. Investors should read it carefully before investing.
Common Stock - Units of ownership in a public corporation. Convertible Bonds - Bonds that can be exchanged for other securities of the issuing company at some future date and under prescribed conditions. Corporate Bonds - Debt instruments issued by a private corporation. Developing Country Investment - Percentage of total assets in a portfolio held in countries considered to be emerging markets. Emerging Market Bonds - Fixed income instruments issued by a developing country, usually a small market with a short operating history. Govt Agency Bonds - Debt instruments issued by federal agencies not directly backed by the U.S. Government. High Yield Bonds - Bonds that have ratings BB or lower and that pay a higher yield to compensate for their greater risk. Mortgage Backed Bonds - Security backed by a mortgage. Preferred Stock - Class of capital stock that pays dividends at a specific rate and that has preference over common stock in payments of dividends and the liquidation of assets. Treasury Govt Bonds - Debt instruments issued by the government that are backed by the full faith and credit of the U.S. Government.
Net Assets as of date:
10/31/2009
Class A
$3,325,882
Class B
$492,570
Class C
$272,899
Class R
$141,431
Class Y
$115,169
All Classes
$4,453,482
This total may include shares that are not displayed.
Top Ten Fixed Income Holdings as of date: 10/31/2009
Foreign securities have additional risks, including exchange rate changes, political and economic upheaval, relative lack of information, relatively low market liquidity, and the potential lack of strict financial and accounting controls and standards.
The fund is subject to currency/exchange rate risk because it may buy or sell currencies other than the U.S. dollar.
Interest rate risk refers to the risk that bond prices generally fall as interest rate rise and vice versa.
Credit risk is the risk of loss on an investment due to the deterioration of an issuer's financial health. Such a deterioration of financial health may result in a reduction of the credit rating of the issuer's securities and may lead to the issuer's inability to honor its contractual obligations, including making timely payment of interest and principal.
Lower rated securities may be more susceptible to real or perceived adverse economic and competitive industry conditions, and the secondary markets in which lower rated securities are traded may be less liquid than higher grade securities. The loans in which the fund may invest are typically noninvestment-grade and involve a greater risk of default on interest and principal payments and of price changes due to the changes in the credit quality of the issuer.
The prices of securities held by the fund may decline in response to market risks.
Reinvestment risk is the risk that a bond's cash flows will be reinvested at an interest rate below that of the original bond.
The fund may invest in mortgage and asset-backed securities. These securities are subject to prepayment or call risk, which is the risk that payments from the borrower may be received earlier or later than expected due to changes in the rate at which the underlying loans are prepaid.
Nondiversification increases the risk that the value of the fund's shares may vary more widely, and the fund may be subject to greater investment and credit risk than if it invested more broadly.
A majority of the fund's assets are likely to be invested in loans and securities that are less liquid than those rated on national exchanges.
Investing in developing countries can add additional risk, such as high rates of inflation or sharply devalued currencies against the U.S. dollar. Transaction costs are often higher, and there may be delays in settlement procedures.
The fund may use enhanced investment techniques such as derivatives. The principal risk of derivatives is that the fluctuations in their values may not correlate perfectly with the overall securities markets. Derivatives are subject to counterparty risk — the risk that the other party will not complete the transaction with the fund.
The fund may invest in obligations issued by agencies and instrumentalities of the U.S. government that may vary in the level of support they receive from the U.S. government. The U.S. government may choose not to provide financial support to U.S.-government-sponsored agencies or instrumentalities if it is not legally obligated to do so. In this case, if the issuer defaulted, the fund holding securities of such issuer might not be able to recover its investment from the U.S. government.
Individually negotiated, or over the counter, derivatives are subject to counterparty risk, which is the risk the other party to the contract will not fulfill its contractual obligation to complete the transaction with the fund.
Leveraging entails risks such as magnifying changes in the value of the portfolio's securities.
There is no guarantee that the investment techniques and risk analyses used by the fund's portfolio managers will produce the desired results.
Since a large percentage of the fund's assets may be invested in securities of a limited number of companies, each investment has a greater effect on the fund's overall performance, and any change in the value of those securities could significantly affect the value of an investment in the fund.
Invesco AimSM is a service mark of Invesco Aim Management Group, Inc. Invesco Aim Advisors, Inc., Invesco Aim Capital Management, Inc., Invesco Aim Private Asset Management, Inc. and Invesco PowerShares Capital Management LLC are the investment advisors for the products and services represented by Invesco Aim; they each provide investment advisory services to individual and institutional clients and do not sell securities. Please refer to each fund’s prospectus for information on the fund’s subadvisors. Invesco Aim Distributors, Inc. is the U.S. distributor for the retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for the STIC Global Funds represented by Invesco Aim. All entities are indirect, wholly owned subsidiaries of Invesco Ltd.
Consider the investment objectives, risks, and charges and expenses carefully before investing. For this and other information about AIM funds, please obtain a prospectus from your financial advisor and read it carefully before investing.
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK GUARANTEE
Invesco Aim Management Group, Inc. data unless otherwise noted.
