INVESCO BOND INCOME PLUS LTD ORD NPV
Symbol: BIPS
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 20th Apr 2019 to 20th Apr 2020-3.88%
- 20th Apr 2020 to 20th Apr 202124.10%
- 20th Apr 2021 to 20th Apr 2022-1.70%
- 20th Apr 2022 to 20th Apr 2023-4.42%
- 20th Apr 2023 to 20th Apr 202412.05%
Key Information
| Benchmark | MSCI World/Consumer Discretionary |
| Sector | IT Debt - Loans & Bonds |
| Gearing | 107% |
| Ex-Dividend Date | 18 Apr 2024 |
| Dividend Pay Date | 20 May 2024 |
| Total Dividends - Year to Date | 11.5 |
| Dividend Yield (%) | 6.8047 |
Net Asset Value (Nav)
| Latest actual NAV | 168.11 |
| Latest actual NAV date | 17/04/2024 |
| NAV frequency | Daily |
| Premium/Discount | 0.53% |
Charges
|
Total Ongoing Charges
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing. |
1.39% |
| Performance Fee | No |
| AMC | 0.65% |
|
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.35% |
Cost and Charges Information
This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product
Account Type
Annual charges
These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate
| Cost Category | % of Investment | lump sum costs |
|---|---|---|
Our annual fee
Our annual feeIncludes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here |
0.35% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.39% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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Cumulative effect of charges on your investment's return
This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges
| lump sum invested with an assumed growth rate of | 1 year | years |
|---|---|---|
What you might get back at with no charges applied
What you might get back at with no charges appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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Effect of charges on return (%)
Effect of charges on return (%)These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate |
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Effect of charges on return (£)
Effect of charges on return (£)These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate |
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What you might get back at with charges applied
What you might get back at with charges appliedThese are the illustrative values of a investment after growth and costs at the end of the defined period |
This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use
Company
Business Summary
Invesco Bond Income Plus Limited is a Jersey-based investment company. The Company’s investment objective is to seek to obtain capital growth and high income from investment, predominantly in high-yielding fixed-interest securities. The Company seeks to provide a high level of dividend income relative to prevailing interest rates mainly through investment in bonds and other fixed-interest securities. The Company also invests in equities and other equity-like instruments consistent with the overall objective. The Company invests in a range of sectors, including financials, consumer services, government bonds, telecommunications, utilities, basic materials, financials and consumer goods. Invesco Fund Managers Limited acts as the alternative investment fund manager of the Company.
Financial Summary
BRIEF: For the fiscal year ended 31 December 2023, Invesco Bond Income Plus Ltd revenues increased from -£31.7M to £36.5M. Net income totaled £31.8M vs. loss of £34.6M. Revenues reflect Loss on investments held at fair value increase from -£37.3M to £6.9M, Profit on derivative instruments increase from -£13.8M to £3.2M, Exchange differences increase from -£3.6M to £2M. Dividend per share increased from £0.11 to £0.12.
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| -0.39% | 2.59% | 9.58% | 12.05% | 5.27% | 25.57% |
Important Information
Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.
The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.
Composition
View Fund Allocation by:
Important Documents
The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.
The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured.
1,437,724 bytes PDF Document; last updated 31 Mar 2024
87,907 bytes PDF Document; last updated 12 Apr 2024
1,861,980 bytes PDF Document; last updated 31 Dec 2023
447,547 bytes PDF Document; last updated 30 Jun 2023
Management Team
Edward Craven Rhys Davies
Edward Craven
has managed this fund for 3 years and 8 months.
Edward is a Fund Manager in the Henley Investment Centre's Fixed Interest team. Edward began his career with KPMG in 2003 working in Assurance Services before transferring to their Corporate Finance department in 2006. In 2008 he moved to The Royal Bank of Scotland, where he worked in structured finance executing leveraged transactions for mid-market corporate and private equity backed businesses before joining Invesco in 2011. He is an FCA qualified Chartered Accountant and holds a Masters Degree in Physics, MPhys, from the University of Bath.
Manager Cumulative Performance v Peer Group
Rhys Davies
has managed this fund for 9 years and 9 months.
Rhys is a fund manager and senior credit analyst for the Henley-based Fixed Interest team.He began his investment career with Invesco in 2002, moving to the Henley Fixed Interest team in 2003. He became a fund manager in 2014. He manages high yield credit portfolios. He holds a BSc (Honours) in Management Science from the University of Manchester Management School. He is a CFA charterholder.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Revenue | 36.48 | -31.75 | 15.81 | 14.34 | 24.77 | -4.70 |
| Gross profit | 34.59 | -33.60 | 13.91 | 12.95 | 23.35 | -6.09 |
| Operating Profit/Loss | 31.82 | -34.59 | 13.35 | 12.38 | 22.88 | -6.53 |
| Profit Before Tax | 31.82 | -34.59 | 13.41 | 12.38 | 22.88 | -6.53 |
| Profit After Tax | 31.82 | -34.62 | 13.32 | 12.36 | 22.86 | -6.53 |
| Equity Holders of Parent Company | 31.82 | -34.62 | 13.32 | 12.36 | 22.86 | -6.53 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/12/2023 |
31/12/2022 |
31/12/2021 |
31/12/2020 |
31/12/2019 |
31/12/2018 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 335.53 | 317.87 | 351.53 | 202.23 | 179.73 | 168.19 |
| Total Current Assets | 18.28 | 122.86 | 14.93 | 9.45 | 12.92 | 7.31 |
| Total Assets | 353.81 | 440.73 | 366.47 | 211.68 | 192.64 | 175.50 |
| Total Liabilities | 49.18 | 159.65 | 39.74 | 14.00 | 0.46 | 2.01 |
| Total Net Assets | 304.63 | 281.09 | 326.73 | 197.68 | 192.19 | 173.49 |
| Shareholders Funds | 304.63 | 281.09 | 326.73 | 197.68 | 192.19 | 173.49 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 304.63 | 281.09 | 326.73 | 197.68 | 192.19 | 173.49 |