November 16, 2016 - By Louis Casey · 0 Comments
Invesco Bond Fund (NYSE:VBF) institutional sentiment increased to 1.2 in Q2 2016. Its up 0.70, from 0.5 in 2016Q1. The ratio is better, as 12 institutional investors increased or opened new holdings, while 10 cut down and sold holdings in Invesco Bond Fund. The institutional investors in our partner’s database now have: 2.80 million shares, down from 3.21 million shares in 2016Q1. Also, the number of institutional investors holding Invesco Bond Fund in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 6 Increased: 6 New Position: 6.
Invesco Bond Fund is a diversified, closed-end management investment company. The company has a market cap of $203.78 million. The Fund’s investment objective is to seek interest income while conserving capital. It currently has negative earnings. The Fund invests primarily in fixed-rate the United States investment-grade corporate bonds with flexibility to integrate approximately 20% of its total assets in non-investment-grade, the United States dollar denominated and non-United States dollar denominated securities of foreign issuers .
The stock increased 0.39% or $0.07 on November 15, hitting $18.1. Invesco Bond Fund (NYSE:VBF) has declined 0.82% since April 14, 2016 and is downtrending. It has underperformed by 5.51% the S&P500.
Karpus Management Inc. holds 1.07% of its portfolio in Invesco Bond Fund for 1.11 million shares. Shaker Financial Services Llc owns 38,000 shares or 0.5% of their US portfolio. Moreover, Seabridge Investment Advisors Llc has 0.39% invested in the company for 81,470 shares. The Minnesota-based Sit Investment Associates Inc has invested 0.15% in the stock. Gilman Hill Asset Management Llc, a Connecticut-based fund reported 12,000 shares.#img1#
More recent Invesco Bond Fund (NYSE:VBF) news were published by: Prnewswire.com which released: “Invesco Advisers Announces Portfolio Management Changes to Invesco Bond Fund …” on October 13, 2016. Also Nasdaq.com published the news titled: “Invesco Bond Fund (VBF) Ex-Dividend Date Scheduled for November 10, 2016” on November 09, 2016. Nasdaq.com‘s news article titled: “Invesco Bond Fund (VBF) Ex-Dividend Date Scheduled for October 12, 2016” with publication date: October 11, 2016 was also an interesting one.
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By Louis Casey