Invesco Bond Income Plus Share Discussion Threads

[panshanger1] 03/8/2022 16:20

169.18 NAV and now at a sizeable discount Relentless downward pressure at the moment though

[cc2014] 01/8/2022 16:21

back in today.

[panshanger1] 26/7/2022 11:42

Snaffled a few more

[panshanger1] 22/7/2022 14:25

NAV @ 165.33 so making some progress but discount widens

[unastubbs] 14/7/2022 05:22

ex-div today

[melloteam] 21/6/2022 13:34

Mello Events is hosting a FREE Investment Trusts and Funds event on Thursday 23rd June at 12:30pm.

The programme is as follows:
12.30 pm Mello welcome from Karin Schulte and Company presentation from Ocean Dial
1.05 pm Company presentation from Invesco
1.40 pm Moira O’Neill from Interactive Investor analyses how retail investors are asset allocating in 2022
2.00 pm Company presentation from HarbourVest
2.35 pm Nigel Hawkins present on REIFs (Renewable Energy/Infrastructure Funds)
3.05 pm Company presentation from TB Amati Strategic Innovation Fund
3.40 pm Mark Bentley presents his best performing income trusts for 2022

To register for free, please click here:

[cc2014] 20/6/2022 16:22

My memory is a bit vague on this but when BIPS was created in the merger of the two previous funds, IIRC the 11p dividend was "committed to" for the next 3 years and I'm guessing we are about half way through that.

The dividend has been a matter for discussion for some time by the fund manager and with the base rate down at 0.1% it wasn't sustainable. Even at 0.75% it wasn't sustainable.

[cocopah] 20/6/2022 15:47

StockInvest US have this hitting 1.43 in the next few months. Irrespective of whether they are correct, surely the divi needs to be reconsidered here?🤷‍;♂️9300;🤔

[panshanger1] 17/6/2022 09:25

Worth watching SMIF for the same risk / reward profile

[cc2014] 17/6/2022 09:23

It's challenging out there. Everything got pushed up to such ridiculous prices by all the money printing and now it's coming off reality returns. Still a way to go imho, alhtough we are at least reaching a point where some of the underlying assets are appropriately priced.

My sense is that the market has had enough pain for now, but it's hard to call. I'm not buying though. The NAV will be less than 170p today and I want a decent discount.

[cocopah] 17/6/2022 08:59

#panshanger1 Jeez the spread here is ridiculous this morning. I was thinking of having a small dabble today when the price hit £1.60 only to find out the market makers spread is 7p!! No doubt it save me catching a falling knife … 😂😂😂🙄8584;

[panshanger1] 16/6/2022 14:55

Yes having a hard time here NCYF and TFIF of my other bond funds holding up better

[cocopah] 16/6/2022 13:45

I agree that increased credit risk is going to be a challenge but if it’s wiping the NAV out from such a low base Lord help us all. I guess there are many in the market who don’t remember rates being regarded as comfortable in the 3% to 7% range. 🤷‍a94;️

[cc2014] 16/6/2022 13:25

The instruments in the porfolio have repriced down with the path of increasing interest rates and increased credit risk.

[panshanger1] 07/6/2022 18:15

No it reads fine thanks for posting

[rogerrail] 07/6/2022 17:28

Also in last weeks shares magazine ( 7 under the radar stocks paying more than 4%) Sorry can 't provide link.

[cwa1] 07/6/2022 11:34

BIPS mentioned here:-



...will probably need to register first, not sure

[panshanger1] 06/6/2022 17:00

Bit of strength today

[panshanger1] 18/5/2022 16:42

Spread here is ridiculous for a trust of this size

[dandigirl] 10/5/2022 17:53

Thanks - Maybe the next monthly fact sheet will throw some light on this. Hope so.

[cocopah] 10/5/2022 09:40

#dandigirl 4p drop in NAV since 28th April and £5m more in borrowing … looks ugly to me atm.🤷‍♂️

[dandigirl] 10/5/2022 07:41

Big drop in NAV per share in recent weeks. More to go?

[panshanger1] 21/4/2022 09:06

Ex div today for 2.75