Invesco Bond Income Plus : BIPS (formerly City Merchants High Yield : CMHY until its merger with Invesco Leveraged High Yield) has an objective to seek to obtain both high income and capital growth from investment predominantly in high-yielding fixed-interest securities.
The trust seeks to provide a high level of dividend income relative to prevailing interest rates through investment in fixed-interest securities, various equity-like securities within fixed-income markets and equity-linked securities such as convertible bonds, and direct equities that have a high income yield. It seeks also to enhance total returns through capital appreciation generated by investments which have equity-related characteristics.
You can access the manager’s website here
You can view our interviews with the company’s Fund Managers below:
2nd December 2022: Rhys Davies – Weekly Show