Ticker: ACPSX (Class A)

Invesco Core Plus Bond Fund

Invests in investment grade, fixed income and emerging markets debt securities.

Product detail Fact sheet

2024 LSEG Lipper Fund Award – Best Fixed Income Group

Recognized among large U.S. investment managers for outstanding overall performance1.

Reasons to invest

The Invesco Core Plus Bond Fund seeks to offer investors a comprehensive multi-asset fixed income portfolio of high-quality debt instruments plus emerging market and high yield opportunities. By combining traditional core and non-core fixed income securities, this approach is designed to provide enhanced income and return potential.

★★★★

4-star Morningstar rating - Intermediate Core-Plus Bond Category

As of 12/31/2024 the Fund had an overall rating, based on risk-adjusted returns, of 4 stars out of 535 funds and was rated 3 stars out of 535 funds, 3 stars out of 480 funds and 4 stars out of 347 funds for the 3-, 5- and 10-year periods, respectively.

Long-term perspective

We seek to provide efficient, diversified fixed income exposure in pursuit of attractive risk-adjusted returns across market cycles.

Rigorous search for inefficiencies

We combine top-down macro analysis with bottom-up credit research to capitalize on opportunities across fixed income.

Diverse perspectives

Our team's experience across fixed income sectors and collaborative culture help us unlock potential opportunities.

FAQ

Get timely answers to important questions regarding this product.

A core plus fund typically refers to a bond fund that holds a core of investment grade securities and adds an additional layer of higher yielding bonds to potentially increase returns. Core investments may include Treasury bonds, agency bonds, investment grade corporate bonds, commercial MBS, ABS and residential MBS. The Plus portion of the fund may invest in high yield corporate debt, emerging market debt, and other types of bonds.

Core bond funds focus on liquid, investment grade bonds. Core plus funds add other bond asset classes that may provide more yield and return, including emerging market credit, high yield corporates, and convertibles.

Investors turn to Invesco for high-conviction bond strategies across the fixed income spectrum. Our team is empowered by a collaborative culture and extensive research capabilities across geographies, asset classes, and sectors. We bring the resources of a global asset manager while remaining nimble enough to add value through security selection. Through a rigorous, repeatable process that constantly identifies new themes and opportunities, we build best-idea portfolios that seek to deliver strong risk-adjusted performance over time.

The following share classes are offered for this fund: Class A, Class C, Class R, Class R5, Class R6, Class Y.

Explore related funds

To learn more about our fixed income offerings, explore the funds below.

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Footnotes

  • The fund's investment objective is total return comprised of current income and capital appreciation.

  • Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2024 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
  • 1

    Source: LSEG Lipper Fund Awards. © 2024 LSEG Lipper.  Asset class group awards are given to the best large and small groups separately. Large fund family groups with at least five equity, five bond, or three mixed-asset portfolios in the respective asset classes are eligible for a group award. Small fund family groups need to have at least three distinct portfolios in one of the asset classes – equity, bond, or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group determines the asset class group award winner over the three-year period. In cases of identical results, the lower average percentile rank determined the winner. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed. LSEG Lipper Inc. is a major independent mutual fund tracking organization.