Invesco Tactical Bond
Class Z - Income (GBP)
0.16p
(0.07%)
0.16p
(0.07%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
0.16p
(0.07%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
| Initial charges | |
|---|---|
| Initial charge: | 0.00% |
| Initial saving from HL: | 0.00% |
| HL dealing charge: | Free |
| Net initial charge: | 0.00% |
| Annual charges | |||||||
|---|---|---|---|---|---|---|---|
| Performance fee: | No | ||||||
| Ongoing charge (OCF/TER): | 0.75% | ||||||
| Ongoing saving from HL: | 0.19% i | ||||||
| Net ongoing charge: | 0.56% | ||||||
| There are other unit types of this fund available: | |||||||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
| 20/10/16 to 20/10/17 | 20/10/17 to 20/10/18 | 20/10/18 to 20/10/19 | 20/10/19 to 20/10/20 | 20/10/20 to 20/10/21 | |
|---|---|---|---|---|---|
| Annual return | 3.78% | -0.63% | 2.36% | 10.38% | 5.42% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The fund is co-managed by Paul Causer, Stuart Edwards and Jack Parker. At the end of August 2020 Edwards and Parker both stepped up to become co-managers of the fund, replacing previous co-manager Paul Read. They've both been part of the fixed income team at Invesco for over a decade...
Our latest articleInvestment Analyst Joseph Hill shares our analysis on the manager, process, culture, cost and performance of the Invesco Tactical Bond Fund.
Fund Objective
The Fund aims to achieve income and capital growth over the medium to long term (3 to 5 years plus). The Fund has a flexible allocation to corporate and government debt securities (including investment grade, non-investment grade and unrated) and cash. Depending on market conditions the Fund may invest up to 100% of its net assets in cash, cash equivalents, short-term debt securities and money market instruments.In pursuing the Funds investment objective, the fund manager may consider it appropriate to also invest in other transferable securities, collective investment schemes (including funds managed by the Invesco group) and deposits.
Income Details
| Security | Weight |
|---|---|
| US TREASURY 0.125 JUN 30 23 | 5.40% |
| UNITED STATES TREAS 0.125 APR 30 23 | 4.50% |
| ING GROEP N.V. 6.875 PERPETUAL REG | 2.45% |
| UNITED STATES TREAS 0.750 APR 30 26 | 2.25% |
| Invesco Sterling Liquidity Agency Class | 2.15% |
| BNP PARIBAS FLTG 6.750 PERP REG | 2.03% |
| PINEWOOD FINANCE CO 3.250 SEP 30 25 REGS | 1.85% |
| BARCLAYS PLC FLTG 7.875 PERP | 1.79% |
| BANKIA S.A. FLTG 6.375 PERP REG | 1.74% |
| VIRGIN MONEY UK PL FLTG 8.000 PERP REG | 1.58% |
| Sector | Weight |
|---|---|
| Bonds | 92.17% |
| Cash and Equiv. | 5.22% |
| Managed Funds | 2.15% |
| Alternative Trading Strategies | 0.62% |
| Non-Classified | -0.16% |
| Country | Weight |
|---|---|
| United Kingdom | 35.58% |
| United States | 21.36% |
| Netherlands | 8.57% |
| Italy | 5.62% |
| Spain | 5.30% |
| Cash and Equiv. | 5.22% |
| France | 4.79% |
| Germany | 3.31% |
| Switzerland | 2.40% |
| Managed Funds | 2.15% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 19 October 2021. Data provided by Funds Library, correct as at 31 August 2021.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
