Invesco Bond Income Plus (BIPS) Share Price, News & Analysis

Company Overview

Invesco Bond Income Plus Limited is a closed-ended fixed income mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by INVESCO Asset Management Limited. The fund invests in fixed income markets across the globe. It primarily invests in high yield fixed income securities including preference shares, convertible and redeemable loan stocks, corporate bonds, and government bonds. The fund seeks to invest in non-investment grade securities across the maturity spectrum. It benchmarks the performance of its portfolio against the FTSE All-Share Index and FTSE Government Securities - All Stocks Index. The fund was formerly known as City Merchants High Yield Trust Limited. Invesco Bond Income Plus Limited was formed on May 31, 1991 and is domiciled in the Jersey, Channel Islands.

Key Stats

• Today's Range: 165.88 to 169.50
• 50-Day Range: 168 to 174
• 52-Week Range: 161.49 to 175.50
• Volume: 379,709 shs
• Average Volume: 302,546 shs
• Market Capitalization: £334.08 million
• P/E Ratio: 837.50
• Dividend Yield: 7.16%
• Price Target: N/A
• Consensus Rating: N/A

BIPS Stock Analysis - Frequently Asked Questions

How have BIPS shares performed this year?

Invesco Bond Income Plus' stock was trading at GBX 171 at the beginning of the year. Since then, BIPS shares have decreased by 2.0% and is now trading at GBX 167.50.
View the best growth stocks for 2024 here.

How do I buy shares of Invesco Bond Income Plus?

Shares of BIPS stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of Invesco Bond Income Plus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco Bond Income Plus investors own include Murray International (MYI), Prospect Capital (PSEC), The Renewables Infrastructure Group (TRIG), Bellevue Healthcare (BBH), Barclays (BARC), Bakkavor Group (BAKK) and Aviva (AV).

Company Calendar

• Ex-Dividend for 11/15 Dividend: 10/17/2024
• Dividend Payable: 11/15/2024
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:BIPS
• CUSIP: N/A
• CIK: N/A
• Web: www.invesco.com
• Phone: 44 01491 417000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.20
• Trailing P/E Ratio: 830.13
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £37.12 million
• Net Margins: 90.55%
• Pretax Margin: N/A
• Return on Equity: 12.09%
• Return on Assets: 5.67%

Debt

• Debt-to-Equity Ratio: 12.95
• Current Ratio: 0.31
• Quick Ratio: 0.09

Sales & Book Value

• Annual Sales: £41 million
• Price / Sales: 8.08
• Cash Flow: GBX 1.80 per share
• Price / Cash Flow: 92.08
• Book Value: GBX 169 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 199,450,000
• Free Float: N/A
• Market Cap: £331.14 million
• Optionable: Not Optionable
• Beta: 0.40