Invesco Core Bond Fund
Actively managed U.S. bond fund
As of its 2026 Q2 report, Invesco Core Bond Fund held 1,949 positions with $2.83B in net assets. Its ten largest holdings made up 33.3% of the fund. Its share classes cost 0.37%–1.49% a year. Over the 12 months to May 2026, it returned 5.3%, with dividends reinvested. In 2026 Q3 it added 271 new positions and exited 126.
The Funds investment objective is to seek total return.
The fund invests at least 80% of assets in investment-grade debt securities—corporate bonds, government bonds including U.S. Treasuries, mortgage-backed securities, and asset-backed securities—with the goal of building a diversified portfolio weighted toward U.S. government and corporate debt. The portfolio managers maintain a weighted average effective duration within two years of the Bloomberg U.S. Aggregate Bond Index, adjusting relative allocations between corporate and government sectors based on business cycle analysis and relative value. The fund may hold up to 20% in foreign debt securities and may use derivatives, short sales of mortgage-backed securities, and when-issued transactions to manage risk or seek returns. Because the fund's duration target may not be met at all times due to market events or changes in how quickly securities are repaid, portfolio composition can drift from the index benchmark.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
TRPXXInvesco Treasury Portfolio | 6.46% | $182.50M | — |
Uniform Mortgage-Backed Securities 5.00% · due 2056-05-01 | 3.98% | $112.57M | — |
U.S. Treasury Notes/Bonds 4.63% · due 2055-11-15 | 3.73% | $105.45M | — |
Invesco Government & Agency Portfolio | 3.52% | $99.40M | — |
U.S. Treasury Notes/Bonds 3.88% · due 2028-03-31 | 3.44% | $97.31M | — |
Uniform Mortgage-Backed Securities 2.00% · due 2056-05-01 | 2.97% | $84.07M | — |
U.S. Treasury Notes/Bonds 4.13% · due 2036-02-15 | 2.80% | $79.27M | — |
Uniform Mortgage-Backed Securities 3.00% · due 2056-05-01 | 2.54% | $71.67M | — |
Uniform Mortgage-Backed Securities 2.50% · due 2056-05-01 | 2.22% | $62.80M | — |
U.S. Treasury Notes/Bonds 3.88% · due 2029-04-15 | 1.65% | $46.76M | — |
The 200 largest of 1,949 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Securitized | 56.60% |
| Bonds | 55.13% |
| Cash & short-term | 10.11% |
| Stocks | 0.38% |
| Loans | 0.00% |
| Derivatives | -0.19% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
By sector
- Securitized
- 46.3%
- Government
- 17.8%
- Cash
- 9.3%
- Other
- 7.7%
- 12 other sectors
- 18.9%
- Securitized
- 46.3%
- Government
- 17.8%
- Cash
- 9.3%
- Other
- 7.7%
- International
- 6.7%
- Financials
- 6.2%
- Utilities
- 1.7%
- Industrials
- 1.2%
- Consumer Discretionary
- 0.7%
- Health Care
- 0.7%
- Information Technology
- 0.6%
- Communication Services
- 0.5%
- Consumer Staples
- 0.3%
- Energy
- 0.1%
- Real Estate
- 0.1%
- Materials
- 0.1%
How it has done
C000209589 share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.38%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
Invesco Core Bond Fund is an actively managed U.S. bond fund.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
- Expense ratio, by class
- 0.37% – 1.49%
- Portfolio turnover
- 627.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
271 new· the largest 3
126 exited· the largest 2
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 69.0% |
| Floating rate | 31.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.0% |
| 1-3y | 16.1% |
| 3-5y | 8.8% |
| 5-10y | 19.6% |
| 10y+ | 52.8% |
| Unknown | 1.6% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 56% |
| Credit spreads | 44% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.36 yr |
| High yield | +0.05 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.76 yr | 13% |
| 5 yr | 1.67 yr | 29% |
| 10 yr | 2.16 yr | 38% |
| 30 yr | 1.09 yr | 19% |
3 mo is NEGATIVE (-0.00 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.03 yr | 1% |
| 1 yr | 0.63 yr | 14% |
| 5 yr | 1.60 yr | 36% |
| 10 yr | 1.62 yr | 37% |
| 30 yr | 0.53 yr | 12% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.00 | +0.03 | +0.00 | $7.6k | $74 |
| 1 yr | +0.76 | +0.62 | +0.01 | $174.1k | $2.9k |
| 5 yr | +1.67 | +1.57 | +0.03 | $443.7k | $9.1k |
| 10 yr | +2.16 | +1.62 | +0.01 | $457.3k | $1.7k |
| 30 yr | +1.09 | +0.53 | +0.00 | $150.5k | $58 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
A newer credit-spread reading (2026Q3) is on file. This page holds one quarter across every figure on it, so that one appears here next quarter.
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