# Invesco Bond Fund (VBF): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vbf for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Bond - Strategy: Actively Managed · Inception: 1982-12-21 The Invesco Bond Fund operates as a closed-end mutual fund dedicated to fixed-income investments, originated by Invesco Ltd. Its management responsibilities are shared across multiple Invesco subsidiaries globally, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The fund primarily allocates its capital to high-quality, fixed-rate corporate debt instruments within the broader fixed income markets.... ## Key Facts | Metric | Value | |---|---| | Price | $14.66 | | Expense Ratio | 0.56% | | Market Value | $167.5M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 5.55% | | Annual Distribution (TTM) | $0.81 /share | | Distribution Frequency | Monthly | | 52-Week Range | $14.03 – $15.85 | | Beta | 0.40 | ## Latest Distribution - Amount: $0.0695 /share - Ex-date: 2026-10-14 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does VBF invest in? The Invesco Bond Fund operates as a closed-end mutual fund dedicated to fixed-income investments, originated by Invesco Ltd. Its management responsibilities are shared across multiple Invesco subsidiaries globally, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The fund primarily allocates its capital to high-quality, fixed-rate corporate debt instruments within the broader fixed income markets. To assess its performance, the Barclays Baa U.S. Corporate Bond Index serves as its primary benchmark. Established in 1970, this U.S.-domiciled fund was previously known as Invesco Van Kampen Bond Fund. ### What is the expense ratio of VBF? Invesco Bond Fund (VBF) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VBF's dividend yield? VBF's trailing-twelve-month yield is 5.55%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of VBF? Effective duration measures VBF's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VBF's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of VBF? VBF's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of VBF? Yield to maturity (YTM) is the total return you'd earn from VBF if every bond in the portfolio is held to maturity at the current price. VBF's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does VBF pay a dividend? Yes, Invesco Bond Fund (VBF) distributes dividends to shareholders. The trailing-twelve-month yield is 5.55%. Full dividend history is on this page. ### How often does VBF pay dividends? Invesco Bond Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VBF's next ex-dividend date? The most recently announced ex-dividend date for VBF was 2026-10-14. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will VBF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VBF charge its expense ratio? The expense ratio is deducted in tiny daily slices from VBF's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VBF cost more than a fund like VOO? VBF is actively managed (current expense ratio 0.56%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VBF's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VBF? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as VBF (0.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vbf - Distribution history: https://www.dividenddata.com/funds/vbf/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vbf/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vbf/expenses - Peer comparison: https://www.dividenddata.com/funds/vbf/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.