VBF - Invesco Bond Fund

What this means for you

One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. June 4, 2026

   Sit Investment raised its stake to 11.2% (from 5.9%), as a passive investor.

   Original document →

2. Oct 2, 2025

   Sit Investment raised its stake to 5.9% (from 3.9%), as a passive investor.

   Original document →

3. Nov 14, 2024

   1607 Capital sold down below 5% and stopped reporting.

   Original document →

4. Aug 14, 2024

   Sit Investment sold down below 5% and stopped reporting.

   Original document →

5. April 4, 2024

   Sit Investment cut its stake to 6.5% (from 8.3%), as a passive investor.

   Original document →

About this fund

• Run by Invesco Advisers, Inc. As of Feb 28, 2026, from the fund's yearly report. Original document →
• Size: about $186 million of holdings, as of May 31, 2026. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 3% on top of its own money, as of May 31, 2026. Borrowed money makes gains and losses bigger. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.4% a year in management fees; 0.6% a year in total, including interest on borrowed money. Fiscal year ended Feb 28, 2026. As of Feb 28, 2026, from the fund's yearly report. Original document →
• Payouts: last fiscal year (ended Feb 28, 2026) the fund paid $0.84 a share, all of it income. As of Feb 28, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (Feb 28, 2026): $16.63. The shares traded at $15.43, about 7.2% below that. As of Feb 28, 2026, from the fund's yearly report. Original document →
• How the holdings did: down 0.7% over the last three months we have (March-May 2026), before the share price is taken into account. Over the last 12 months: +6.8%. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
• How the holdings did over the fiscal year (ended Feb 28, 2026): the value of the holdings returned +6.7%. How the share price did: the shares returned +4.5% over the same year, counting payouts and the change in the market price. As of Feb 28, 2026, from the fund's annual report. Original document →
• First reported to the regulator in 1995.

What the fund holds

Mostly bonds (89%), the rest preferred shares, asset-backed bonds and loans. About 75% issued in the U.S.

1. Cash and short-term - 1.5%
2. CoreWeave Compute Acquisition Co. VIII, LLC, Delayed Draw Term Loan - 1.4%
3. Wells Fargo & Co., Series L, Conv. Pfd. preferred shares - 1.3%
4. Morgan Stanley, Series E, Pfd. preferred shares - 0.9%
5. Eagle Funding LuxCo S.a.r.l. - 0.7%
6. QTS Fayetteville I Dc1-2 LLC / QTS TRS Fayetteville I DC1-2 LLC - 0.7%
7. RD Michigan Property Owner I LLC - 0.6%
8. Beignet Investor LLC - 0.6%
9. Delaware Life Global Funding, Series 21-1 - 0.6%
10. Morgan Stanley, Series F, Pfd. preferred shares - 0.5%

As of May 31, 2026, from the fund's quarterly holdings report. Original document →