# Invesco Dynamic Credit Opportunities Fund (XAXCX): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xaxcx 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: 2021-09-01 Closed-end interval fund seeking high current income and capital appreciation. Dynamically allocates across liquid and illiquid private corporate credit including direct lending, opportunistic credit, asset-backed finance, broadly syndicated loans, and structured credit. Also invests in senior secured floating-rate and fixed-rate loans and collateralized debt. Targets investors seeking enhanced yield versus public markets with diversified private credit exposure globally, with significant U.S. allocation. ## Key Facts | Metric | Value | |---|---| | Price | $9.21 | | Expense Ratio | 3.91% | | Market Value | $138.6M | | NAV | Not on file (no daily NAV for this closed-end fund) | | Holdings Count | — | | Distribution Yield (TTM) | 12.81% | | Annual Distribution (TTM) | $1.18 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.20 – $10.45 | | Beta | 0.03 | ## Latest Distribution - Amount: $0.0703 /share - Ex-date: 2026-10-30 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does XAXCX invest in? Closed-end interval fund seeking high current income and capital appreciation. Dynamically allocates across liquid and illiquid private corporate credit including direct lending, opportunistic credit, asset-backed finance, broadly syndicated loans, and structured credit. Also invests in senior secured floating-rate and fixed-rate loans and collateralized debt. Targets investors seeking enhanced yield versus public markets with diversified private credit exposure globally, with significant U.S. allocation. ### What is the expense ratio of XAXCX? Invesco Dynamic Credit Opportunities Fund (XAXCX) charges an expense ratio of 3.91%. This is the annual fee deducted from fund assets to cover management and operations. ### What is XAXCX's dividend yield? XAXCX's trailing-twelve-month yield is 12.81%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of XAXCX? Effective duration measures XAXCX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. XAXCX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of XAXCX? XAXCX'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 XAXCX? Yield to maturity (YTM) is the total return you'd earn from XAXCX if every bond in the portfolio is held to maturity at the current price. XAXCX'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 XAXCX pay a dividend? Yes, Invesco Dynamic Credit Opportunities Fund (XAXCX) distributes dividends to shareholders. The trailing-twelve-month yield is 12.81%. Full dividend history is on this page. ### How often does XAXCX pay dividends? Invesco Dynamic Credit Opportunities 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 XAXCX's next ex-dividend date? The most recently announced ex-dividend date for XAXCX was 2026-10-30. 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 XAXCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 3.91% 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 XAXCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from XAXCX'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 XAXCX cost more than a fund like VOO? XAXCX is actively managed (current expense ratio 3.91%). 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 XAXCX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to XAXCX? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as XAXCX (3.91%) 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/xaxcx - Distribution history: https://www.dividenddata.com/funds/xaxcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xaxcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xaxcx/expenses - Peer comparison: https://www.dividenddata.com/funds/xaxcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.