Invesco Senior Floating Rate Fund

AIM Counselor Series Trust (Invesco Counselor Series Trust)

Actively managed U.S. bond fund
$2.52B NAV
478 positions · as of 2026-05-31 · filed 2026-07-30

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Senior Floating Rate 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
High yield
Rate sensitivity
Short duration

Fund profile

As filed in the prospectus · 2025 Q4

The Funds investment objective is to seek income.

Strategy · summarised

The fund invests primarily in floating-rate senior loans made to U.S. and foreign corporations, selecting loans based on the portfolio managers' credit analysis of borrower financial performance, management quality, industry position, collateral, and cash flows. The fund will hold at least 80% of assets in senior loans and may use leverage up to one-third of assets. Because the fund's returns depend on the credit quality assessments of its managers, deterioration in borrower credit standing or errors in those assessments will impair fund value.

Expenses
0.78% 1.87%across 6 share classes
Share classExpense ratio
C0002091570.78%
C0002091580.82%
C0002091590.87%
C0002091601.37%
C0002091611.12%
C0002091621.87%

Portfolio turnover 49.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.91%
of net assets
Loans82.57%
Stocks7.70%
Bonds5.90%
Cash & short-term2.58%
2 smaller1.16%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 67 new89 exited

Largest new: Empire Today, LLC, Altice-France (SFR / Numericable / YPSO), Level 3 Financing, Inc., Discovery Global Holdings, Inc.( Warner Bros. Discovery), MLN US Holdco LLC, Janus Henderson Group PLC, Mcdermott International, Ltd., Selecta Group B.V.

Largest exited: SFR-Numericable (YPSO, Altice France), Third Coast Super Holdings LLC, Proampac PG Borrower LLC ×2, Level 3 Financing, Inc., Mcdermott International, Ltd., MLN US HoldCo LLC (dba Mitel), TTF Holdings LLC (Soliant)

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+6.18%
3-year
+25.79%
5-year
+35.34%
Volatility
2.25%
Worst 3-yr fall
-0.77%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is 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.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31

Avg coupon
7.00%
Avg maturity
4.43 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

94%
floating
Floating rate94.2%
Fixed rate5.8%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1yUnknown
<1y1.8%
1-3y25.4%
3-5y29.1%
5-10y43.1%
10y+0.3%
Unknown0.3%
Flagged holdings
Defaulted: 0.36% · $8.08M · 4 positions
In arrears: 0.36% · $8.08M · 4 positions
Paid in kind: none reported

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.

Interest-rate duration
0.12 yr
approx. move per 100bp
Credit-spread duration
0.22 yr
approx. move per 100bp
If rates and spreads both rise 100bp

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.

≈ -0.5%
of value
Credit spreads65%
Interest rates35%

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.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+0.22
yrs total
High yield+0.20 yr
Investment grade+0.02 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate0.12 yr total
3 mo10 yr
3 mo0.01 yr7%
1 yr0.04 yr34%
5 yr0.06 yr52%
10 yr0.01 yr6%

30 yr is NEGATIVE (-0.00 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.

Credit spread0.22 yr total
3 mo10 yr
3 mo0.00 yr0%
1 yr0.06 yr29%
5 yr0.13 yr59%
10 yr0.03 yr12%

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
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.01+0.00+0.00$6$267
1 yr+0.04+0.01+0.06$1.6k$14.4k
5 yr+0.06+0.01+0.12$2.0k$31.2k
10 yr+0.01+0.00+0.02$752$5.8k
30 yr-0.00+0.00+0.00$0$0

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Rate exposure by currency

Duration contribution in years, summing to the fund's 0.12 yr.

USD+0.12 yr
EUR+0.00 yr

This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
My Alarm Center, LLC1.74%$43.92M
Invesco Government & Agency Portfolio1.55%$39.07M
Invesco Treasury PortfolioTRPXX1.03%$26.05M
Monitronics International, Inc.0.98%$24.84M
Crown Finance US, Inc.8.16% floating · due 2031-12-020.82%$20.76M
Monitronics International, Inc.11.46% floating · due 2028-06-300.80%$20.28M
Empire Today, LLC0.72%$18.18M
AAdvantage Loyality IP Ltd. (American Airlines, Inc.)5.93% floating · due 2028-04-200.70%$17.76M
Altice-France (SFR / Numericable / YPSO)8.74% floating · due 2028-10-300.67%$16.80M
Libbey Glass LLC10.32% floating · due 2027-11-220.64%$16.11M
Showing 10 of 478Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 9.66% of net assets, top 25 18.02%, across 368 issuers.

See more of this fund's book

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