Invesco-SAI-SUP-GBL-1
Statement of Additional Information Supplement dated March 1, 2019
The purpose of this supplement is to provide you with changes to the current Statements of Additional Information for Class A, A2, AX, C, CX, P, R, RX, R5, R6, S, Y, Invesco Cash Reserve, Investor Class, Cash Management, Corporate, Institutional, Personal Investment, Private Investment, Reserve and Resource Class shares of the Funds, as applicable, listed below:
| Invesco Alternative Strategies Fund Invesco American Franchise Fund Invesco American Value Fund Invesco Balanced-Risk Retirement 2020 Fund Invesco Balanced-Risk Retirement 2030 Fund Invesco Balanced-Risk Retirement 2040 Fund Invesco Balanced-Risk Retirement 2050 Fund Invesco Balanced-Risk Retirement Now Fund Invesco California Tax-Free Income Fund Invesco Comstock Fund Invesco Conservative Allocation Fund Invesco Conservative Income Fund Invesco Convertible Securities Fund Invesco Core Plus Bond Fund Invesco Corporate Bond Fund Invesco Dividend Income Fund Invesco Energy Fund Invesco Equally-Weighted S&P 500 Fund Invesco Equity and Income Fund Invesco European Small Company Fund Invesco Floating Rate Fund Invesco Global Core Equity Fund Invesco Global Low Volatility Equity Yield Fund Invesco Global Real Estate Fund Invesco Global Real Estate Income Fund Invesco Gold & Precious Metals Fund Invesco Government & Agency Portfolio Invesco Government Money Market Fund Invesco Growth Allocation Fund |
Invesco Growth and Income Fund Invesco High Yield Fund Invesco High Yield Municipal Fund Invesco Income Fund Invesco Income Allocation Fund Invesco Intermediate Term Municipal Income Fund Invesco International Allocation Fund Invesco International Small Company Fund Invesco Limited Term Municipal Income Fund Invesco Liquid Assets Portfolio Invesco Low Volatility Equity Yield Fund Invesco Mid Cap Core Equity Fund Invesco Mid Cap Growth Fund Invesco Moderate Allocation Fund Invesco Multi-Asset Inflation Fund Invesco Municipal Income Fund Invesco New York Tax Free Income Fund Invesco Peak RetirementTM 2015 Fund Invesco Peak RetirementTM 2020 Fund Invesco Peak RetirementTM 2025 Fund Invesco Peak RetirementTM 2030 Fund Invesco Peak RetirementTM 2035 Fund Invesco Peak RetirementTM 2040 Fund Invesco Peak RetirementTM 2045 Fund Invesco Peak RetirementTM 2050 Fund Invesco Peak RetirementTM 2055 Fund Invesco Peak RetirementTM 2060 Fund Invesco Peak RetirementTM 2065 Fund |
Invesco Peak RetirementTM Now Fund Invesco Pennsylvania Tax Free Income Fund Invesco Premier Portfolio Invesco Premier Tax-Exempt Portfolio Invesco Premier U.S. Government Money Portfolio Invesco Quality Income Fund Invesco Real Estate Fund Invesco S&P 500 Index Fund Invesco Short Duration High Yield Municipal Fund Invesco Short Duration Inflation Protected Fund Invesco Short Term Bond Fund Invesco Small Cap Discovery Fund Invesco Small Cap Equity Fund Invesco Small Cap Growth Fund Invesco Small Cap Value Fund Invesco STIC Prime Portfolio Invesco Strategic Real Return Fund Invesco Tax-Exempt Cash Fund Invesco Tax-Free Cash Reserve Portfolio Invesco Technology Fund Invesco Technology Sector Fund Invesco Treasury Obligations Portfolio Invesco Treasury Portfolio Invesco Value Opportunities Fund |
Effective March 1, 2019, the Board of Trustees (the “Board”) appointed Anthony J. LaCava, Jr. as a trustee of each Fund. The following information is added under “Management of the Trust – Board of Trustees – Independent Trustees” in the Statement of Additional Information for each Fund.
“Anthony J. LaCava, Jr., Trustee
Anthony J. LaCava, Jr. currently serves as a member of the board of directors and as a member of the audit committee of Blue Hills Bank, a publicly traded financial institution.
Mr. LaCava retired after a 37-year career with KPMG LLP (“KPMG”) where he served as senior partner for a wide range of firm clients across the retail, financial services, consumer markets, real estate, manufacturing, health care and technology industries. From 2005 to 2013, Mr. LaCava served as a member of the board of directors of KPMG and chair of the board’s audit and finance committee and nominating committee. He also previously served as Regional Managing Partner from 2009 through 2012 and Managing Partner of KPMG’s New England practice.
Invesco-SAI-SUP-GBL-1
Mr. LaCava currently serves as Chairman of the Business Advisory Council of Bentley University and as a member of American College of Corporate Directors and Board Leaders, Inc.
The Board believes that Mr. LaCava’s experience in audit and financial services will benefit the Funds.”
The following information is added to the table under “Appendix C – Trustees and Officers” in the Statement of Additional Information for each Fund.
| Name, Year |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other | ||||
| Independent Trustees | ||||||||
| “Anthony J. LaCava, Jr. – 1956 Trustee | 2019 | Director, Blue Hills Bank (publicly traded financial institution).
Formerly: Managing Partner, KPMG LLP. |
158 | Chairman of the Audit Committee, Blue Hills Bank; Chairman of the Business Advisory Council, Bentley University; Chairman of the Audit and Finance Committee and Nominating Committee, KPMG LLP.” | ||||