Invesco Bond Income Plus Limited

BIPS · LSE · Financial Services / Asset Management

165.50GBX-0.50 (-0.30%)

Price History

Full chart

Market Stats

Previous Close166.00

Open166.00

Day Range165.50 – 167.00

52-Week Range142.37 – 174.50

Volume405.00K

Market Cap450.58M

P/E (TTM)12.11

Forward P/E0.00

EPS0.14

Dividend Yield7.23%

Beta0.30

50-Day Avg170.73

200-Day Avg172.61

About

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.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Paul Read
Employees0
Headquarters30 Finsbury Square, London, United Kingdom, EC2A 1AG, UK
Websitehttps://www.invesco.com/uk/en/investment-trusts/in

Leadership

Mr. Paul ReadCo-Head of Fixed Interest and Fund Manager · b. 1961
Mr. Paul CauserPortfolio Manager · b. 1960
Mr. Rhys Davies CFACo- Manager

Financials

Income Statement

Currency: GBP	2004-03-31	2005-03-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	2004-03-31	2005-03-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	13.65M	4.68M	11.19M	2.63M	-31.82M	42.60M	20.15M	-4.64M	15.34M	17.10M	7.48M	4.47M	19.29M	15.38M	-6.05M	23.37M	12.97M	13.96M	-33.83M	31.28M	32.39M	36.33M
Growth (%)	-	-65.71%	+139.02%	-76.52%	-1310.84%	+233.86%	-52.70%	-123.03%	+430.54%	+11.51%	-56.28%	-40.19%	+331.31%	-20.29%	-139.34%	+486.36%	-44.50%	+7.67%	-342.22%	+192.47%	+3.54%	+12.18%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	1.22M	1.38M	1.39M	1.42M	1.39M	1.89M	1.85M	1.88M	-	2.46M
Gross Profit	13.65M	4.68M	11.19M	2.63M	-31.82M	42.60M	20.15M	-4.64M	15.34M	17.10M	7.48M	4.47M	18.07M	14.00M	-6.09M	23.37M	12.97M	13.96M	-33.83M	31.28M	28.46M	33.87M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	93.66%	91.05%	100.71%	100.00%	100.00%	100.00%	100.00%	100.00%	87.89%	93.22%
Operating Expense	239.00K	306.00K	1.24M	1.22M	892.00K	1.28M	1.32M	1.24M	319.00K	406.00K	423.00K	454.00K	-774.00K	-887.00K	437.00K	494.00K	595.00K	557.00K	536.00K	2.69M	2.13M	-517.00K
Operating Income	13.41M	4.38M	9.95M	1.41M	-32.71M	41.32M	18.83M	-5.88M	15.02M	16.70M	7.05M	4.02M	18.84M	14.89M	-6.53M	22.88M	12.38M	13.41M	-34.36M	28.59M	26.33M	34.38M
Operating Margin	98.25%	93.46%	88.95%	53.65%	102.80%	96.99%	93.47%	126.81%	97.92%	97.63%	94.34%	89.85%	97.68%	96.82%	107.94%	97.89%	95.41%	96.01%	101.58%	91.41%	81.30%	94.64%
EBITDA	13.41M	4.38M	9.95M	1.41M	-32.71M	41.32M	18.83M	-5.88M	6.49M	17.62M	7.08M	4.23M	28.16M	15.04M	-6.53M	22.88M	12.38M	13.41M	-34.36M	31.82M	26.33M	31.67M
EBITDA Margin	98.25%	93.46%	88.95%	53.65%	102.80%	96.99%	93.47%	126.81%	42.29%	103.05%	94.70%	94.68%	145.98%	97.83%	107.94%	97.89%	95.41%	96.01%	101.58%	101.73%	81.30%	87.17%
Net Income	11.24M	3.76M	9.43M	882.00K	-33.63M	43.39M	17.56M	-9.40M	14.98M	16.62M	6.93M	3.89M	18.67M	14.87M	-6.53M	22.86M	12.36M	13.32M	-34.62M	31.82M	26.58M	30.51M
Net Income Margin	82.31%	80.39%	84.30%	33.56%	105.69%	101.86%	87.15%	202.61%	97.65%	97.19%	92.75%	87.01%	96.79%	96.72%	107.94%	97.83%	95.30%	95.40%	102.35%	101.73%	82.08%	83.98%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.67	1.22	0.72	2.96	0.88	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	-0.00%	0.00%	-	-
Interest Expense	2.18M	612.00K	514.00K	527.00K	913.00K	346.00K	179.00K	57.00K	-	-	-	-	0	0	0	6.00K	9.00K	12.00K	230.00K	1.97M	1.65M	1.07M
Interest Expense % of Total Revenue	15.94%	13.07%	4.59%	20.05%	-2.87%	0.81%	0.89%	-1.23%	-	-	-	-	0.00%	0.00%	0.00%	0.03%	0.07%	0.09%	-0.68%	6.29%	5.10%	2.94%

Balance Sheet

Currency: GBP	2003-03-31	2004-03-31	2005-03-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: GBP	2003-03-31	2004-03-31	2005-03-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	19.03M	12.84M	6.49M	97.53M	104.61M	76.77M	125.50M	123.75M	106.65M	125.03M	134.38M	148.63M	155.50M	174.62M	187.09M	175.50M	192.64M	211.68M	366.46M	440.73M	353.81M	395.47M	456.96M
Total Liabilities	-	9.99M	37.00K	17.56M	10.12M	14.34M	19.51M	11.43M	743.00K	682.00K	353.00K	367.00K	414.00K	1.52M	425.00K	451.00K	2.01M	457.00K	13.54M	240.99M	159.65M	49.18M	49.67M	46.68M
Total Equity	-	9.04M	12.80M	-11.07M	87.40M	90.27M	57.26M	114.07M	123.01M	105.97M	124.67M	134.02M	148.21M	153.98M	174.19M	186.63M	173.49M	192.19M	197.68M	326.73M	281.09M	304.63M	345.80M	410.27M
Cash	-	115.00K	1.59M	1.75M	4.42M	1.53M	7.78M	2.86M	5.89M	5.56M	5.09M	7.37M	9.58M	10.73M	14.59M	8.79M	4.18M	6.86M	2.94M	8.17M	9.08M	8.14M	8.15M	21.23M
Total Debt	-	9.92M	-	-	-	14.00M	16.92M	-	-	-	-	-	-	-	-	-	-	-	13.54M	39.09M	53.75M	48.07M	45.13M	38.02M
Net Debt	-	9.80M	-1.59M	-1.75M	-4.42M	12.47M	9.14M	-2.86M	-5.89M	-5.56M	-5.09M	-7.37M	-9.58M	-10.73M	-14.59M	-8.79M	-4.18M	-6.86M	10.60M	30.93M	44.67M	39.93M	36.97M	16.79M

Cash Flow

Currency: GBP	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	7.65M	10.09M	-4.96M	-753.00K	2.35M	-3.17M	2.05M	8.53M	1.29M	14.02M	12.78M	8.23M	-12.68M	14.54M
Investing Cash Flow	-	-	-	-	5.20M	-14.71M	-6.13M	-1.45M	-20.90M	30.00K	-3.66M	-10.85M	-39.30M	-34.49M
Financing Cash Flow	-2.68M	-7.32M	7.22M	1.83M	1.50M	-2.47M	-6.66M	-4.39M	-6.67M	-8.79M	-11.27M	-10.11M	12.83M	33.57M
Capital Expenditure	0	0	0	0	0	0	0	0	22.19M	0	0	0	24.95M	14.54M
Free Cash Flow	7.65M	10.09M	-4.96M	-753.00K	2.35M	-3.17M	2.05M	8.53M	1.29M	14.02M	12.78M	8.23M	-12.68M	-18.78M
Dividends Paid	3.71M	7.28M	7.68M	8.32M	8.85M	9.34M	9.61M	9.78M	10.14M	14.36M	18.75M	20.35M	22.17M	26.13M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-129.12%
Dividend Paid to FCF	48.52%	72.11%	-154.75%	-1104.38%	376.08%	-294.58%	469.19%	114.74%	784.38%	102.43%	146.75%	247.32%	-174.87%	-139.17%

Earnings

Report Date	Aug 19, 2014	Apr 2, 2015	Aug 19, 2015	Apr 1, 2016	Aug 16, 2016	Aug 23, 2019	Apr 27, 2020	Aug 21, 2020	Apr 2, 2021	Aug 24, 2021	Mar 31, 2022	Aug 18, 2022	Mar 28, 2023	Mar 4, 2025	Aug 13, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	0.00	-
EPS Actual	0.08	0.01	0.05	0.00	0.04	-0.04	0.08	-0.05	0.17	0.09	0.02	-0.23	0.02	0.08	0.06
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	Pre-market	After-hours	Pre-market	-	Pre-market

Key Statistics & Ratios

Market Cap450.58M

Enterprise Value510.02M

Trailing P/E12.11

Forward P/E0.00

Price / Sales12.05

Price / Book1.11

EPS0.14

Book Value1.72

Revenue (TTM)37.39M

Gross Profit (TTM)37.39M

Profit Margin83.45%

Operating Margin84.16%

Return on Equity7.36%

Return on Assets4.41%

Shares Outstanding265.83M

Shares Float0

Beta0.30

Dividend Yield7.23%

Dividend Rate0.12

Payout Ratio86.57%

Dividends

20264×

0.03Oct 15, 20260.03Jul 16, 20260.03Apr 23, 20260.03Jan 15, 2026

20254×

0.03Oct 16, 20250.03Jul 17, 20250.03Apr 17, 20250.03Jan 16, 2025

20244×

0.03Oct 17, 20240.03Jul 11, 20240.03Apr 18, 20240.03Jan 18, 2024

20234×

0.03Oct 12, 20230.03Jul 13, 20230.03Apr 20, 20230.03Jan 19, 2023

20224×

0.03Oct 13, 20220.03Jul 14, 20220.03Apr 21, 20220.03Jan 20, 2022

20214×

0.03Oct 14, 20210.03Jul 15, 20210.03Apr 22, 20210.03Jan 21, 2021