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Invesco Tactical Bond Class Z - Accumulation (GBP)

Sell:291.18p Buy:291.18p Change: 0.54p (0.19%)
Prices as at 23 December 2024
Sell:291.18p
Buy:291.18p
Change: 0.54p (0.19%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 23 December 2024
Sell:291.18p
Buy:291.18p
Change: 0.54p (0.19%)
Prices as at 23 December 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.70%
Ongoing saving from HL: 0.25% i
Net ongoing charge: 0.45%
There are other unit types of this fund available:
Class Z - Income (GBP) (Net ongoing charge 0.45%)

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

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 1 February 2010
Sector: GBP Strategic Bond
Fund size: £896 million
Number of holdings: 259
Fund type: ICVC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

23/12/19 to 23/12/20 23/12/20 to 23/12/21 23/12/21 to 23/12/22 23/12/22 to 23/12/23 23/12/23 to 23/12/24
Annual return 12.96% 1.70% -4.41% 6.32% 1.57%

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 chart

Our view on this fund

HL Research

The fund is co-managed by Stuart Edwards and Julien Eberhardt who took over running the fund in August 2020 and August 2021 respectively. Despite their relatively short tenure on this fund, both managers have been part of the fixed income team at Invesco for well over a decade and have...

Our latest article

Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, 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 Fund’s 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

Distribution yield : 3.33%
Underlying yield : 3.33%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 1 November 2024 1 May 2025
Payment date: 31 December 20244 30 June 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 September 2024.

Security Weight
4¼% Treasury Gilt 2034 5.52%
AUSTRALIA(CMNWLTH) 1.750 NOV 21 32 3.67%
UNITED STATES TREAS 4.000 FEB 15 34 3.15%
1 5/8% Treasury Gilt 2028 2.37%
BRAZIL(FED REP OF) 10.000 JAN 01 27 2.32%
UNITED STATES TREAS 1.250 APR 15 28 2.17%
SPAIN(KINGDOM OF) 3.900 JUL 30 39 114 1.79%
0½% Treasury Gilt 2061 1.77%
AUSTRALIA(CMNWLTH) 1.750 JUN 21 51 REGS 1.63%
UNITED STATES TREAS 3.375 MAY 15 33 1.53%
Sector Weight
Bonds 90.71%
Non-Classified 5.49%
Cash and Equiv. 2.90%
Alternative Trading Strategies 0.90%
Country Weight
United Kingdom 26.32%
United States 18.01%
Non-Classified 13.61%
France 6.32%
Spain 5.65%
Germany 5.64%
Australia 5.30%
Italy 3.94%
Netherlands 3.17%
Cash and Equiv. 2.90%

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 23 December 2024. Data provided by Broadridge, correct as at 30 September 2024.

Broadridge
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 an ISA or a 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.