Invesco Core Bond Fund
AIM Investment Funds (Invesco Investment Funds)
Fund classification
Classified from what the fund holds · as of 2026 Q2
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
Fund profile
As filed in the prospectus · 2026 Q1
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.
| Share class | Gross | Net |
|---|---|---|
| C000209589 | 0.43% | 0.37% |
| C000209590 | 0.43% | 0.40% |
| C000209591 | 0.55% | 0.49% |
| C000209592 | 1.05% | 0.99% |
| C000209593 | 1.55% | 1.49% |
| C000209594 | 0.80% | 0.74% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 627.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| 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.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Securitized | 46.1% |
| Government | 13.3% |
| Other | 9.6% |
| Cash | 8.3% |
| 12 smaller | 22.7% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: Uniform Mortgage-Backed Securities ×4, U.S. Treasury Notes/Bonds ×4
Largest exited: U.S. Treasury Notes/Bonds ×4, Uniform Mortgage-Backed Securities ×4
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
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.
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| TRPXX | Invesco Treasury PortfolioTRPXX | 6.46% | $182.50M | — |
| — | Uniform Mortgage-Backed Securities5.00% · due 2056-05-01 | 3.98% | $112.57M | — |
| — | U.S. Treasury Notes/Bonds4.63% · due 2055-11-15 | 3.73% | $105.45M | — |
| — | Invesco Government & Agency Portfolio | 3.52% | $99.40M | — |
| — | U.S. Treasury Notes/Bonds3.88% · due 2028-03-31 | 3.44% | $97.31M | — |
| — | Uniform Mortgage-Backed Securities2.00% · due 2056-05-01 | 2.97% | $84.07M | — |
| — | U.S. Treasury Notes/Bonds4.13% · due 2036-02-15 | 2.80% | $79.27M | — |
| — | Uniform Mortgage-Backed Securities3.00% · due 2056-05-01 | 2.54% | $71.67M | — |
| — | Uniform Mortgage-Backed Securities2.50% · due 2056-05-01 | 2.22% | $62.80M | — |
| — | U.S. Treasury Notes/Bonds3.88% · due 2029-04-15 | 1.65% | $46.76M | — |
Top 10 positions are 33.31% of net assets, top 25 47.37%, across 712 issuers.
See more of this fund's book
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