Invesco ICVC Monthly Income Plus (UK) Class Z Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund -2.0% 18.4% -1.1% -2.3% 9.4%
Sector 1.9% 9.0% -4.8% -3.5% 5.5%
Rank 55/69 8/74 7/79 35/82 12/85
Quartile 4 1 1 2 1

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 1.9% 4.2% 4.0%
Sector -1.0% 1.5% 2.4%
Rank 6/79 7/69 5/52
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
LLOYDS BANKING GROUP FLTG 2.707 DEC 03 35 2.30
CO-OPERATIVE BK HLDS NPV 1.81
NATIONWIDE BUILDING SOCIETY 1.67
INTESA SANPAOLO S P FLTG 7.700 PERP 144 1.41
3¾% Treasury Gilt 2053 1.35
FORD MOTOR CR LLC 6.860 JUN 05 26 1.15
UNICREDIT SPA 8.000 PERPETUAL REG 1.11
BARCLAYS PLC FLTG 9.250 PERP 0.85
DEUTSCHE BANK AG FLTG 7.125 PERP 0.82
GEN ACCIDENT PFD 7.875%(N) CM IRR 0.79
Total 13.26

Fund Aims

The Fund aims to achieve income and capital growth over the medium to long term (3 to 5 years plus). The Fund invests at least 80% of its assets globally in corporate and government debt securities (including investment grade, non-investment grade and unrated) and shares or other equity related securities of companies. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities, money market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.

Fund Manager

Rhys Davies manager for 3 years and 8 months

Photo of Rhys Davies TBC

Ciaran Mallon manager for 10 years and 6 months

Photo of Ciaran Mallon Ciaran joined the company in January 2005 and is part of the UK Equities team managing UK Equity portfolios. Ciaran began his investment career in 1994 joining HSBC where he worked as an investment analyst before moving to United Friendly Asset Management (UFAM) in 1999 as a fund manager. He holds a BA (Hons) Chemistry from Oxford University and has also gained the CFA and Securities Institute Diploma.

Fund Overview

Mid (03/05/2024) 193.72p
Distribution yield 5.74%
Underlying yield 5.07%
Fund size (31/01/2024) £2003.62m
Number of holdings 570
Entry Charge 0.00%
Ongoing Charges 0.67%
Launch date 11/12/2012

Asset Allocation

pie chart
  International Bonds 48.74%
  UK Corporate Bonds 28.39%
  UK Equities 10.49%
  UK Gilts 2.29%
  Cash and Equivalents 1.52%
  Alternative Trading Strategies 1.07%
  Investment Trusts 1.03%
  Money Market 1.00%
  Property 0.19%
  Other Assets 5.29%
Portfolio data accurate as at: 31/01/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 48.74%
  UK Corporate Bonds 28.39%
  UK Equities 10.49%
  UK Gilts 2.29%
  Cash and Equivalents 1.52%
  Alternative Trading Strategies 1.07%
  Investment Trusts 1.03%
  Money Market 1.00%
  Property 0.19%
  Other Assets 5.29%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 79.41% - - -
 
 Non-Classified 7.90% - - -
 
 Financials 3.24% - - -
 
 Banks - 1.84% - -
 
 Banks - - 1.84% -
 
 Banks - - - 1.84%
 
 Financial Services - 1.11% - -
 
 Equity Investment Instruments - - 1.03% -
 
 Equity Investment Instruments - - - 1.03%
 
 Finance & Credit Services - - 0.08% -
 
 Financial Data & Systems - - - 0.08%
 
 Insurance - 0.29% - -
 
 Life Insurance - - 0.29% -
 
 Life Insurance - - - 0.29%
 
 Cash and Equivalents 2.52% - - -
 
 Consumer Discretionary 1.80% - - -
 
 Media - 0.78% - -
 
 Media - - 0.78% -
 
 Publishing - - - 0.44%
 
 Media Agencies - - - 0.34%
 
 Travel & Leisure - 0.40% - -
 
 Travel & Leisure - - 0.40% -
 
 Hotels & Motels - - - 0.40%
 
 Consumer Products & Services - 0.33% - -
 
 Consumer Services - - 0.33% -
 
 Vending & Catering Service - - - 0.33%
 
 Retail - 0.29% - -
 
 Retailers - - 0.29% -
 
 Diversified Retailers - - - 0.29%
 
 Industrials 1.30% - - -
 
 Industrial Goods & Services - 1.30% - -
 
 Industrial Support Services - - 0.80% -
 
 Industrial Suppliers - - - 0.43%
 
 Professional Business Support Services - - - 0.37%
 
 General Industrials - - 0.34% -
 
 Diversified Industrials - - - 0.34%
 
 Industrial Transportation - - 0.09% -
 
 Commercial Vehicle-Equipment Leasing - - - 0.09%
 
 Aerospace & Defence - - 0.07% -
 
 Defense - - - 0.07%
 
 Utilities 1.09% - - -
 
 Utilities - 1.09% - -
 
 Gas, Water & Multi-utilities - - 0.73% -
 
 Water - - - 0.46%
 
 Multi-Utilities - - - 0.28%
 
 Electricity - - 0.36% -
 
 Conventional Electricity - - - 0.36%
 
 Alternative Trading Strategies 1.07% - - -
 
 Alternative Trading Strategies - 1.07% - -
 
 Alternative Trading Strategies - - 1.07% -
 
 Alternative Trading Strategies - - - 1.07%
 
 Health Care 0.59% - - -
 
 Health Care - 0.59% - -
 
 Pharmaceuticals & Biotechnology - - 0.36% -
 
 Pharmaceuticals - - - 0.36%
 
 Medical Equipment & Services - - 0.23% -
 
 Medical Equipment - - - 0.23%
 
 Consumer Staples 0.44% - - -
 
 Food, Beverage & Tobacco - 0.26% - -
 
 Tobacco - - 0.19% -
 
 Tobacco - - - 0.19%
 
 Beverages - - 0.07% -
 
 Distillers & Vintners - - - 0.07%
 
 Personal Care, Drug & Grocery Stores - 0.18% - -
 
 Personal Care, Drug & Grocery Stores - - 0.18% -
 
 Food Retailers & Wholesalers - - - 0.12%
 
 Nondurable Household Products - - - 0.06%
 
 Basic Materials 0.28% - - -
 
 Chemicals - 0.23% - -
 
 Chemicals - - 0.23% -
 
 Chemicals: Diversified - - - 0.23%
 
 Basic Resources - 0.05% - -
 
 Industrial Metals & Mining - - 0.04% -
 
 General Mining - - - 0.04%
 
 Precious Metals & Mining - - 0.01% -
 
 Diamonds & Gemstones - - - 0.01%
 
 Real Estate 0.19% - - -
 
 Real Estate - 0.19% - -
 
 Real Estate Investment Trusts - - 0.19% -
 
 Retail REITs - - - 0.19%
 
 Energy 0.17% - - -
 
 Energy - 0.17% - -
 
 Non-Renewable Energy - - 0.17% -
 
 Integrated Oil & Gas - - - 0.17%

Regional Allocation

pie chart
  UK 41.16%
  Developed Europe - Excl UK 30.87%
  Non-Classified 11.94%
  North America 10.27%
  Cash and Equivalents 2.52%
  South & Central America 1.20%
  Emerging Europe 0.94%
  Middle East & Africa 0.70%
  Property 0.19%
  Other Regions 0.21%

Fixed Interest Currencies

pie chart
  Pound Sterling 38.86%
  US Dollar 20.95%
  Non-Fixed Interest Assets 19.07%
  Euro 18.86%
  Cash 1.52%
  Rand 0.52%
  Mexican Peso 0.22%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 41.16% -
 
 United Kingdom - 41.16%
 
 Developed Europe - Excl UK 30.87% -
 
 France - 6.92%
 
 Italy - 6.35%
 
 Netherlands - 4.44%
 
 Germany - 4.19%
 
 Luxembourg - 3.38%
 
 Ireland - 1.66%
 
 Spain - 1.57%
 
 Switzerland - 1.05%
 
 Sweden - 0.48%
 
 Portugal - 0.31%
 
 Austria - 0.20%
 
 Denmark - 0.20%
 
 Norway - 0.11%
 
 Non-Classified 11.94% -
 
 North America 10.27% -
 
 United States - 9.93%
 
 Canada - 0.34%
 
 Cash and Equivalents 2.52% -
 
 South & Central America 1.20% -
 
 Mexico - 1.20%
 
 Emerging Europe 0.94% -
 
 Greece - 0.64%
 
 Czech Republic - 0.20%
 
 Ukraine - 0.10%
 
 Middle East & Africa 0.70% -
 
 South Africa - 0.52%
 
 Nigeria - 0.18%
 
 Property 0.19% -
 
 Japan 0.18% -
 
 Japan - 0.18%
 
 Australia & New Zealand 0.03% -
 
 Australia - 0.03%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
27.21%
5Yr - 10Yr Maturity
 
 
15.76%
10Yr - 15Yr Maturity
 
 
5.06%
> 15Yr Maturity
 
 
31.39%
Cash And Equivalents
 
 
2.52%
Unknown Maturity
 
 
5.29%
Other Asset Types
 
 
12.78%

Fixed Interest Quality Profile

AAA
 
 
2.35%
AA
 
 
3.00%
A
 
 
5.23%
BBB
 
 
18.36%
Sub-Investment Grade
 
 
22.45%
Unknown Quality
 
 
28.02%
Cash and Equivalents
 
 
2.52%
Other Asset Types
 
 
18.07%

Top 10 Holdings

Stock % Weight Sector Country
1 LLOYDS BANKING GROUP FLTG 2.707 DEC 03 35 2.30% Bonds United Kingdom
2 CO-OPERATIVE BK HLDS NPV 1.81% Non-Classified United Kingdom
3 NATIONWIDE BUILDING SOCIETY 1.67% Banks United Kingdom
4 INTESA SANPAOLO S P FLTG 7.700 PERP 144 1.41% Bonds Italy
5 3¾% Treasury Gilt 2053 1.35% Bonds United Kingdom
6 FORD MOTOR CR LLC 6.860 JUN 05 26 1.15% Bonds United States
7 UNICREDIT SPA 8.000 PERPETUAL REG 1.11% Bonds Italy
8 BARCLAYS PLC FLTG 9.250 PERP 0.85% Non-Classified Non-Classified
9 DEUTSCHE BANK AG FLTG 7.125 PERP 0.82% Bonds Germany
10 GEN ACCIDENT PFD 7.875%(N) CM IRR 0.79% Non-Classified United Kingdom

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B8N45Q5
Mex Code BRYGHL
Isin Code GB00B8N45Q51
Citi Code GUWX

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.67%

Aims and Benchmark

Aims The Fund aims to achieve income and capital growth over the medium to long term (3 to 5 years plus). The Fund invests at least 80% of its assets globally in corporate and government debt securities (including investment grade, non-investment grade and unrated) and shares or other equity related securities of companies. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities, money market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Benchmark IA Sterling Strategic Bond Sector
Benchmark Category -
IA Sector £ Strategic Bond

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type ICVC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Monthly
Distribution Type Interest
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 January 31 January
01 February 28 February
01 March 31 March
01 April 30 April
01 May 31 May
01 June 30 June
01 July 31 July
01 August 31 August
01 September 30 September
01 October 31 October
01 November 30 November
01 December 31 December

Ratings

FE Crown Crown Rating of 5

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Internal
Fund Registrar Internal
Fund Custodian The Bank of New York Mellon (International) Limited

Group Details

Group name Invesco ICVC
Group address INVESCO Park Henley-on-Thames Oxfordshire RG9 1HH United Kingdom
Group telephone 0800 028 2121
Dealing telephone 0800 085 8571
Email Sally.Elsbury@Invesco.com
Homepage https://www.invesco.co.uk/uk
Fax number 01491 416000

Dealing

Minimum Investment £500
Minimum Top Up £100
Minimum Regular Saving £20
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.