Invesco Bond Income Plus Ltd (BIPS)

Overview

Invesco Bond Income Plus Limited is a distinguished closed-ended fixed income mutual fund that commenced operations on May 31, 1991, and is domiciled in Jersey, Channel Islands. Initially known as City Merchants High Yield Trust Limited, the fund is expertly launched and managed by Invesco Fund Managers Limited, with additional co-management by INVESCO Asset Management Limited. This fund stands out by focusing on investing in the fixed income markets across the globe, catering to investors seeking high yield fixed income securities. It endeavors to diversify its investment across various forms of fixed income securities, including preference shares, convertible and redeemable loan stocks, as well as corporate and government bonds, with a keen interest in non-investment grade securities that span across the maturity spectrum. Furthermore, Invesco Bond Income Plus Limited strategically benchmarks the performance of its portfolio against the FTSE All-Share Index and the FTSE Government Securities - All Stocks Index, ensuring a well-rounded and competitive investment strategy.

Products and Services

Invesco Bond Income Plus Limited offers a variety of investment options tailored to the needs and interests of its investors, focusing on high yield fixed income securities. Below are the main products and services it provides:

• Preference Shares:

These are a type of stock which provides dividends prior to any dividend payments made on the fund's common shares. They typically do not confer voting rights, prioritizing a fixed income return for investors.

• Convertible and Redeemable Loan Stocks:

Invesco Bond Income Plus Limited invests in convertible and redeemable loan stocks, which offer the dual benefits of fixed-income security with the potential for conversion into equity shares under certain conditions, adding a layer of versatility to the investment.

• Corporate Bonds:

Corporate bonds represent a significant portion of the fund's investments, providing a way to invest in high yield securities issued by corporations. These bonds are a critical tool for companies to raise capital while offering investors the potential for higher returns compared to government securities.

• Government Bonds:

As part of its diversified strategy, the fund also invests in government bonds, which are known for their safety and lower risk compared to corporate bonds. This investment is essential for those seeking a stable income from government-issued debt securities.

By focusing on non-investment grade securities that span across the maturity spectrum, Invesco Bond Income Plus Limited is designed to cater to investors looking for high-yield opportunities and diversified fixed income investments in their portfolios.