AIM Counselor Series Trust

03/17/2026 | Press release | Distributed by Public on 03/17/2026 14:03

Summary Prospectus by Investment Company (Form 497K)

SUPPLEMENT DATED MARCH 17, 2026 TO THE CURRENT
SUMMARY PROSPECTUS, STATUTORY PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION FOR:
Invesco Income Advantage U.S. Fund
(the "Fund")
This supplement amends the Summary Prospectus, Statutory Prospectus and Statement of Additional Information ("SAI") of the above referenced Fund and is in addition to any other supplement(s). You should read this supplement in conjunction with the Summary Prospectus, Statutory Prospectus and SAI and retain it for future reference.
Effective June 30, 2026:
1. The following information replaces in its entirety the table appearing under the heading "Management of the Fund" in the Summary and Statutory Prospectuses:  
Portfolio Managers
Title
Length of Service on the Fund
John Burrello, CFA
Portfolio Manager
2021
Chris Devine, CFA
Portfolio Manager
2021
Jan Grindrod, CFA
Portfolio Manager
2026
Scott Hixon, CFA
Portfolio Manager
2021
2. The following information replaces in its entirety the information appearing under the heading "Fund Management - Portfolio Managers" in the Statutory Prospectus:
Portfolio Managers
The following individuals are jointly and primarily responsible for the day-to-day management of the Fund's portfolio:
▪
John Burrello, CFA, Portfolio Manager, who has been responsible for the Fund since 2021 and has been associated with Invesco and/or its affiliates since 2012.
▪
Chris Devine, CFA, Portfolio Manager, who has been responsible for the Fund since 2021 and has been associated with Invesco and/or its affiliates since 1998.
▪
Jan Grindrod, CFA, Portfolio Manager, who has been responsible for the Fund since 2026 and has been associated with Invesco and/or its affiliates since 2013.
▪
Scott Hixon, CFA, Portfolio Manager, who has been responsible for the Fund since 2021 and has been associated with Invesco and/or its affiliates since 1994.
More information on the portfolio managers may be found at www.invesco.com/us. The website is not part of this prospectus.
The Fund's SAI provides additional information about the portfolio managers' investments in the Fund, a description of the compensation structure and information regarding other accounts managed.
3. Effective June 30, 2026, Scott Wolle will no longer serve as a Portfolio Manager of the Fund. At that time, all references to Mr. Wolle in the Summary and Statutory Prospectuses and SAI will be deemed to be removed.
LVEY-SUMSTATSAI-SUP
AIM Counselor Series Trust published this content on March 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 17, 2026 at 20:04 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]