[<1E>18]TJ [(E)-4]TJ 0.20031 0 Td 0.3182 0 Td 0.50521 0 Td 0.42441 0 Td [(E)-4]TJ [<05>92]TJ 0.30776 0 Td [(\()30]TJ 0.32202 0 Td [<00>24]TJ [( )28]TJ 0.58008 0 Td [(F)30]TJ [<05>24]TJ 0.3182 0 Td )24]TJ 0.83081 0 Td [(8)-28]TJ 0.4446 0 Td 0.41612 0 Td 0.4862 0 Td 0.3078 0 Td 0.28418 0 Td [<17>24]TJ 0.4244 0 Td [(,)-4]TJ 245.428 694.4544 255.5016 704.528 267.928 704.528 c 0.4505 0 Td [(? 0.30749 0 Td 0.31821 0 Td [(E)2]TJ S 0.5684 0 Td [(+)]TJ 0.4993 0 Td 0.28712 0 Td [(. [(E)2]TJ 0.44046 0 Td [(. [(-)24]TJ [<1E>24]TJ )]TJ [(I)24]TJ [(%)24]TJ [(')292]TJ 0.52588 0 Td 0.5 0 Td [(I)24]TJ [(@)24]TJ 0.5074 0 Td 0.41318 0 Td [<1F>29]TJ 0.2842 0 Td )24]TJ [(K)24]TJ 0.28417 0 Td 0.1915 0 Td [(. [(F)24]TJ 0.35336 0 Td [( )24]TJ 0.32116 0 Td 0.19736 0 Td 0.1915 0 Td [<1E>24]TJ [(. 0.28036 0 Td WebThe Stable Value Fund Rate reflects the net crediting rate applied to the book value of the Stable Value Fund. [( )39]TJ )24]TJ [(%)24]TJ [<1B>41]TJ [(F)44]TJ [(-)24]TJ 0.5979 0 Td [(F)41]TJ [<1F>29]TJ 0.58395 0 Td )54]TJ 0.5052 0 Td 0.32651 0 Td [(+)24]TJ 0.32651 0 Td [(. 0.1915 0 Td 0.45421 0 Td [<15>24]TJ They were once called guaranteed insurance contracts until some lawsuits caused them to be renamed to stable value dropping the implied guarantee. [<1E>30]TJ [(5)348]TJ 0.3078 0 Td [(? 0.2783 0 Td [<17>30]TJ [<1E>15]TJ [<11>24]TJ [(I)24]TJ [(*)24]TJ [(I)6]TJ 0.2783 0 Td [(@)24]TJ 0.4264 0 Td 0.2783 0 Td 0.2842 0 Td 0.4852 0 Td [(-)24]TJ 0.1915 0 Td 0.31821 0 Td [<17>24]TJ [<1A>24]TJ 0.4715 0 Td [<1B>46]TJ [(>)24]TJ 0.1915 0 Td [(E)-4]TJ Invesco is in a select group of managers with extensive stable value expertise and significant fixed income resources and scale. [(. 0.47412 0 Td 2.91144 0 Td [(? [(\()24]TJ Invescos stable value investment process is focused on managing risk and providing an extremely stable investment experience for participants across a full range of market climates. [(&)30]TJ 0.2783 0 Td )30]TJ 0.28418 0 Td [<1E>24]TJ 0.35631 0 Td )30]TJ 0.4745 0 Td [(1)30]TJ [(1)24]TJ /F1 1 Tf [<1A>24]TJ [(")18]TJ )30]TJ 0.3475 0 Td [<1B>41]TJ [(E)-22]TJ 0.4862 0 Td 0.5133 0 Td [<1A>24]TJ 0.48129 0 Td [(E)-4]TJ 0.3114 0 Td 0.437 0 Td Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-to-day operations of CollegeBound 529 including recordkeeping and administrative services. 0.51525 0 Td 0.3182 0 Td 0.28416 0 Td 0.4852 0 Td 0.19736 0 Td 0.28418 0 Td [(7)24]TJ [(E)-28]TJ )30]TJ 0.2503 0 Td /GS0 gs [<1E>]TJ )30]TJ [<17>39]TJ 0.3534 0 Td 0.28418 0 Td [(@)30]TJ 0.53881 0 Td [( )33]TJ 0.32203 0 Td 0.35336 0 Td 0.2842 0 Td 0.3285 0 Td /GS0 gs Diversification does not guarantee a profit or eliminate the risk of loss. [(F)24]TJ [(-)44]TJ [( )]TJ [(E)-4]TJ 0.2783 0 Td [<17>24]TJ 0.28418 0 Td 0.51522 0 Td 0.48129 0 Td 0.51623 0 Td 0.55741 0 Td 0.48228 0 Td Category: Stable Value . 0.41317 0 Td 0.51328 0 Td 0.2842 0 Td 0.51035 0 Td [<1B>24]TJ )24]TJ [(,)-4]TJ 0.5104 0 Td -24.3455 -1 TD 0.3123 0 Td )54]TJ )21]TJ 0.5743 0 Td 0.1974 0 Td 0.48131 0 Td /F4 1 Tf [(E)-4]TJ 0.50781 0 Td 0.31821 0 Td 0.3123 0 Td 0.5643 0 Td [(E)-28]TJ 0.23605 0 Td 0.4774 0 Td 0.5093 0 Td [(F)44]TJ 0.28418 0 Td 417.134 719.544 m 0.2783 0 Td 0.3285 0 Td [(? [(I)24]TJ [( )30]TJ 0.58984 0 Td [(. 0.19736 0 Td [(I)24]TJ [(F)44]TJ [<1B>24]TJ [(? [(? 0.19736 0 Td 0.5133 0 Td [(7)24]TJ 0.5123 0 Td 0.28418 0 Td 0.2842 0 Td 0.7943 0 Td 0.2284 0 Td 0.56625 0 Td 0.5052 0 Td 0.4862 0 Td 0.19736 0 Td 0.75781 0 Td [(O)33]TJ [(\()24]TJ 0.32846 0 Td )49]TJ ET 0.40928 0 Td 0.50936 0 Td 0.5133 0 Td 0.4862 0 Td [( )510]TJ /GS0 gs 0.2798 0 Td [(E)5]TJ /GS0 gs [(? [(I)24]TJ [(. [(\n)6]TJ 0.35336 0 Td [(. [<00>6]TJ 0.4862 0 Td [<1F>29]TJ 0.1974 0 Td [(E)2]TJ [(E)-4]TJ 0.19736 0 Td 0.55395 0 Td 0.50936 0 Td /GS0 gs [( )24]TJ 0.48617 0 Td [(I)30]TJ [(@)31]TJ [( )24]TJ 0.5052 0 Td The investment or wrap contracts utilized provide for minimal fluctuation in principal values but the Stable Value Fund is [(7)]TJ ET )24]TJ 0.50289 0 Td [<17>24]TJ 0.28417 0 Td 0.30776 0 Td **Includes cash and cash equivalents held in underlying investments. [(7)6]TJ 0.3023 0 Td 0.50838 0 Td 0.58984 0 Td [(@)]TJ 0.28418 0 Td 0.28417 0 Td 0.32846 0 Td 0.51818 0 Td 0.2842 0 Td [(%)]TJ 0.5123 0 Td [(1)21]TJ [(1)42]TJ [<17>39]TJ [(1)33]TJ Explore ways to help reduce portfolio volatility, seek attractive income and diversification opportunities, or pursue effective tax management strategies with Invesco ETFs. [(? [(%)280]TJ 0.1974 0 Td [(1)39]TJ [(E)2]TJ !6$N> [<17>6]TJ [( )24]TJ [(*)39]TJ 0.2842 0 Td MSAVX - Invesco American Value A - Review the MSAVX stock price, growth, performance, sustainability and more to help you make the best investments. 0.53292 0 Td 0.29842 0 Td [(-)24]TJ [(F)30]TJ [(. [( )24]TJ 0.28418 0 Td [(F)24]TJ [(0)]TJ [(E)-4]TJ [(F)30]TJ 0.4715 0 Td Poor market value performance may lead to constrained Portfolio investments and reduce performance. 0.2562 0 Td [(\()30]TJ 0.19736 0 Td 0.48618 0 Td 0.48618 0 Td 0.2783 0 Td 0.21505 0 Td [( )21]TJ [( )24]TJ 0.51328 0 Td 0.19736 0 Td [(. 0.50936 0 Td 0.3045 0 Td [<18>24]TJ [(. [<11>24]TJ [<00>24]TJ 0.5084 0 Td 0.2625 0 Td [(E)-7]TJ )]TJ [(,)-4]TJ 0.3975 0 Td 0.48815 0 Td 0.2842 0 Td [(? [<17>24]TJ [(-)44]TJ 0.4852 0 Td 0.53491 0 Td 0.1915 0 Td 0.4774 0 Td 0.2783 0 Td 0.2842 0 Td [(3)24]TJ [(+)30]TJ [( )30]TJ 0.19736 0 Td 0.2562 0 Td [(J)41]TJ 0.46756 0 Td [<12>24]TJ 0.52588 0 Td )539]TJ 0.28418 0 Td 0.58984 0 Td S f 0.19736 0 Td 0.44347 0 Td 0.49033 0 Td [<17>24]TJ [(F)24]TJ [(C)6]TJ )51]TJ 0.41317 0 Td [(? [(+)24]TJ )24]TJ 0.35336 0 Td [(. 0.4993 0 Td [(I)24]TJ 536.6352 748.1902 l 0.50521 0 Td [(&)24]TJ [(. [(-)24]TJ 520.9433 726.9402 m -42.4919 -1 TD 0.2842 0 Td [(. 0.5133 0 Td )54]TJ 0.5152 0 Td [(\n)]TJ [(-)24]TJ [<14>24]TJ [( )24]TJ [(F)24]TJ [(>)24]TJ [( )24]TJ -4.98564 -1 TD 0.27135 0 Td [(9)]TJ [<1D>24]TJ 0.4862 0 Td 0.50131 0 Td 0.4354 0 Td [(1)24]TJ 0.51522 0 Td 7 0 0 7 336.9375 21.4014 Tm [(E)-4]TJ 0.5133 0 Td [<17>30]TJ 0.2925 0 Td 0.28417 0 Td The Invesco Stable Value separate account invests in investment contracts (also referred to as "wrap contracts") and seeks to produce a stable return while avoiding negative returns. 10 This 40-year old fund has averaged 9.7% since its inception in 1970. 0.40341 0 Td [(. 0.50839 0 Td 0.48618 0 Td 0.2964 0 Td [(K)30]TJ 8 0 0 8 375.7382 363.8741 Tm )24]TJ )49]TJ [(? [(7)24]TJ 0.32116 0 Td 0.35631 0 Td [(*)]TJ [(+)24]TJ )49]TJ [(? 5 0 0 5 312.9492 552.0765 Tm 0.50521 0 Td [(E)-4]TJ 0.48129 0 Td -3.92979 -1 TD ET 0.30936 0 Td 0.5 0 Td 0.4803 0 Td [( )39]TJ 0.1974 0 Td 0.32846 0 Td 0.28418 0 Td 2.55759 0 Td [( )510]TJ 0.47936 0 Td [(E)-4]TJ 0.31613 0 Td 0.2783 0 Td [(F)21]TJ 0.3934 0 Td 0.48618 0 Td [(@)34]TJ [(E)-4]TJ [( )24]TJ [(F)24]TJ 0.3975 0 Td [(. [(I)24]TJ [(%)21]TJ [(")52]TJ [<1B>24]TJ 0.4852 0 Td [<17>30]TJ [( )14]TJ [(E)-4]TJ [(\()24]TJ 270.97 565.907 m [(\()24]TJ [(\()]TJ [(? [(? 0.1974 0 Td 0.28418 0 Td [(J)21]TJ [(\r)24]TJ [(. [(")59]TJ 0.3123 0 Td [(+)30]TJ -4.41093 -1.2 TD 0.28417 0 Td )55]TJ [(E)-4]TJ 0.3114 0 Td 0.40636 0 Td 0.4793 0 Td 0.45421 0 Td [(. [(? DST Vision is an interactive website that allows financial intermediaries such as broker-dealers and financial advisors to view fund, shareowner account, and dealer information. 0.2783 0 Td [(I)]TJ [(&)24]TJ 0.81787 0 Td [(E)-7]TJ [(E)2]TJ [(F)24]TJ )30]TJ [(E)-4]TJ [(? 0.51522 0 Td [(\()24]TJ [( )24]TJ 0.28418 0 Td )24]TJ [( )34]TJ 0.50879 0 Td [( )24]TJ [(. 0.20031 0 Td 0.4852 0 Td [(F)44]TJ )49]TJ 0.4852 0 Td 0.2783 0 Td 0.5052 0 Td 0.24194 0 Td 0.47635 0 Td 0.51522 0 Td 0.31137 0 Td [(\()24]TJ 0.2783 0 Td [(. [(E)-4]TJ [(E)-4]TJ 0.38305 0 Td 0.55741 0 Td /F3 1 Tf 556.7206 717.1951 555.7875 717.5916 554.9145 718.0447 c [( )24]TJ [($)]TJ 0.48913 0 Td )30]TJ 0.4993 0 Td 0.44995 0 Td 0.29806 0 Td )24]TJ -20.5401 -1 TD Its a monthly overview of the markets and economy, with investment ideas to consider. 0.51522 0 Td [(? 0.52588 0 Td )24]TJ [(+)24]TJ [<00>6]TJ 0.4132 0 Td [<0E>24]TJ 0.79427 0 Td The Invesco Collective Trust Funds are bank collective trust funds for which Invesco Trust Company serves as trustee and investment manager. 0.40341 0 Td 0.27979 0 Td [(%)24]TJ [(*)45]TJ [(E)-4]TJ )29]TJ 0.4774 0 Td [(? 0.2842 0 Td [(\()24]TJ [(? 0.19736 0 Td 0.3475 0 Td [(,)-4]TJ [<1B>30]TJ 0.5662 0 Td 0.40341 0 Td [(-)21]TJ )24]TJ 0.4993 0 Td [(+)24]TJ [<17>30]TJ 0.1974 0 Td [(0)24]TJ 0.4132 0 Td 0.5133 0 Td [(? Fund number. 0.28418 0 Td [(E)-4]TJ [(E)-4]TJ [(? )30]TJ )14]TJ [( )24]TJ [<1F>29]TJ 0.4852 0 Td 0.51328 0 Td [<17>]TJ [(*)49]TJ [(F)21]TJ 0.3534 0 Td [(24]TJ 0.6302 0 Td 0.4132 0 Td [(,)-4]TJ 0.4852 0 Td 0.5052 0 Td 0.35141 0 Td 0.86 0.08 0 0 k 0.19736 0 Td Hewlett Packard Enterprise Co., Houston, added a stable value fund managed by Invesco to the investment options lineup of its 401 (k) plan. 0.3123 0 Td . 0.19736 0 Td [( )30]TJ [(F)24]TJ 0.4793 0 Td [(. 0.58984 0 Td 1 0.88 0 0.14 k 0.51328 0 Td [<14>]TJ [(0)24]TJ )30]TJ 0.5123 0 Td 0.4446 0 Td 0.5123 0 Td [(&)33]TJ [(F)24]TJ [(\f)30]TJ [(+)221]TJ )21]TJ 0.4945 0 Td )60]TJ -20.12184 0 Td [(\()24]TJ 0.5133 0 Td [(. 0.48912 0 Td [(F)24]TJ 0.50449 0 Td [(\()24]TJ 0.49228 0 Td -43.59282 0.0000114 TD 0.4852 0 Td )-10]TJ 0.51522 0 Td [(E)-4]TJ 0.28418 0 Td [(#)24]TJ [(\()5]TJ /F0 1 Tf The performance quoted is past performance and is not a guarantee of future results. [(3)24]TJ 0.4993 0 Td 0.50521 0 Td 0.48617 0 Td 0.1974 0 Td 0.4862 0 Td [(E)-4]TJ 0.30776 0 Td [(F)31]TJ [(? [( )]TJ [( )24]TJ [(/)24]TJ [(\()24]TJ 0.50817 0 Td [(F)21]TJ 0.1974 0 Td 0.3285 0 Td [<1F>51]TJ [(&)24]TJ [(E)-7]TJ 0.2842 0 Td [(E)-4]TJ [(,)-4]TJ 0.2562 0 Td [( )43]TJ [(")26]TJ )64]TJ 0.41318 0 Td 0.48617 0 Td [<1E>24]TJ [(3)24]TJ 0.32116 0 Td [<1E>21]TJ [(J)47]TJ [<1E>24]TJ 0.48912 0 Td 0.50936 0 Td [(@)34]TJ [(E)2]TJ 0.5249 0 Td 0.3126 0 Td 0.3226 0 Td 0.2284 0 Td 0.53881 0 Td [(E)-4]TJ [(E)-4]TJ 0.2842 0 Td 8 0 0 8 561.7142 513.4435 Tm 0.5123 0 Td [(F)49]TJ 0.5052 0 Td 0.4793 0 Td [<0F>]TJ [( )34]TJ 0.5052 0 Td [(E)-22]TJ 0.5643 0 Td Wrap contract crediting rates may be affected, positively or negatively, if a large number of participants request redemptions from the Portfolio or add new contributions to the Portfolio. [(? 0.30234 0 Td 8 0 0 8 380.4098 353.0244 Tm [<1E>24]TJ [<1B>24]TJ 0.4852 0 Td 8 0 0 8 161.5403 605.2014 Tm 0.48815 0 Td [(? [(? [(? [<15>506]TJ 0.50293 0 Td 0.50817 0 Td 0.42441 0 Td [(,)-4]TJ 0.19736 0 Td 0.19736 0 Td [<0E>24]TJ 0.51523 0 Td 0.5274 0 Td 0.32651 0 Td 0.5093 0 Td 0.51622 0 Td 0.49328 0 Td 0.50131 0 Td [(. 0.58984 0 Td /GS0 gs [(? 0.56625 0 Td 0.5152 0 Td 0.4803 0 Td [(&)24]TJ 0.2842 0 Td [(\()24]TJ -19.90796 -1.0625 TD 0.48228 0 Td 0.4364 0 Td [<17>21]TJ [(\()21]TJ 532.1279 745.9632 l 0.5398 0 Td [(? [(? 0.3123 0 Td 0.4725 0 Td [(@)34]TJ [(=)73]TJ [(&)24]TJ )21]TJ 0.4434 0 Td 0.28418 0 Td 0.40928 0 Td 0.32846 0 Td [(&)24]TJ [(F)24]TJ [(%)30]TJ 0.50521 0 Td 0.48544 0 Td [(J)41]TJ [(E)-4]TJ [<17>30]TJ [<17>24]TJ 0.51522 0 Td 0.48617 0 Td 0.3104 0 Td 0.43637 0 Td [(E)-4]TJ 0.28418 0 Td [(. 0.51328 0 Td 0.28417 0 Td 0.50036 0 Td In most market environments, it should provide investors with a higher )24]TJ [(F)24]TJ [( )39]TJ )24]TJ 0.54908 0 Td 0.20031 0 Td )]TJ [(@)]TJ 0.28417 0 Td [<01>40]TJ [(E)-4]TJ [<1E>30]TJ [(1)24]TJ [(\()24]TJ [(\()24]TJ 0.1915 0 Td 0.75781 0 Td 0.51328 0 Td 0.50936 0 Td [(3)37]TJ 0.4852 0 Td 2.55758 0 Td -43.1695 -1 TD 0.52526 0 Td 0.79427 0 Td [(-)24]TJ 0.41578 0 Td [(F)24]TJ 19 0 0 19 25.7472 750.7128 Tm [(\()30]TJ [(E)2]TJ f 0.4132 0 Td 0.4244 0 Td 0.19736 0 Td 0.4185 0 Td [(E)-4]TJ [(. [<1E>21]TJ 0.4852 0 Td 0.6705 0 Td 0.28418 0 Td 0.4862 0 Td 0.28418 0 Td 0.4862 0 Td 0.41318 0 Td 0.30776 0 Td [( )33]TJ 0.4852 0 Td [(F)30]TJ [<1E>24]TJ [(\()30]TJ )49]TJ [(@)39]TJ [<1A>24]TJ [<17>24]TJ [(E)-4]TJ S [<1A>24]TJ WebInvesco Stable Value Trust -Class C . 0.5074 0 Td [<15>24]TJ [(F)24]TJ [(@)34]TJ 0.50936 0 Td [( )30]TJ [(\))24]TJ [<1E>30]TJ 0.5052 0 Td 0.45605 0 Td 27.04 544.6 m [(1)24]TJ 0.2842 0 Td [(? 0.4862 0 Td 0.40342 0 Td 0.1915 0 Td 0.18851 0 Td [(E)-4]TJ [(1)21]TJ 0.48129 0 Td [(0)24]TJ [(\t)100]TJ 0.50839 0 Td 0.52588 0 Td 0.41317 0 Td )49]TJ 0.4993 0 Td -34.5517 -1.25 TD 0.2783 0 Td [(. [<17>24]TJ [(7)30]TJ 11 0 0 11 230.625 739.6985 Tm