Vault-13

INVESCO BD FD VBF

COM · Closed-End Fund · CUSIP 46132L107

47 institutional holders +2 vs Q1 2024
3,061,6633.1m shares reported held*
$49.1mreported value*
7 new 12 added 16 reduced 5 sold out net sold ≈ $13.2m (-820.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $16.04.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 36Q4 22: 41Q1 23: 40Q2 23: 39Q3 23: 39Q4 23: 44Q1 24: 45Q2 24: 4747Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202236
Q4 202241
Q1 202340
Q2 202339
Q3 202339
Q4 202344
Q1 202445
Q2 202447

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 14 bought or addedQ4 22: 16 cut or sold outQ4 22Q1 23: 15 bought or addedQ1 23: 14 cut or sold outQ2 23: 18 bought or addedQ2 23: 14 cut or sold outQ2 23Q3 23: 17 bought or addedQ3 23: 16 cut or sold outQ4 23: 18 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 20 bought or addedQ1 24: 20 cut or sold outQ2 24: 19 bought or addedQ2 24: 21 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221416
Q1 20231514
Q2 20231814
Q3 20231716
Q4 20231817
Q1 20242020
Q2 20241921

Biggest buyers

Kestra Advisory Services, LLC New +98,845+98.8k
GUGGENHEIM CAPITAL LLC Added +31,207+31.2k
WealthBridge Capital Management, LLC Added +29,791+29.8k
JONES FINANCIAL COMPANIES LLLP Added +28,850+28.9k
Hennion & Walsh Asset Management, Inc. Added +14,330+14.3k
NewEdge Advisors, LLC New +11,858+11.9k
Gilman Hill Asset Management, LLC New +10,500+10.5k
CITIGROUP INC Added +8,710+8.7k
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC New +6,100+6.1k
ProVise Management Group, LLC Added +5,255+5.3k

Biggest sellers

MORGAN STANLEY Reduced -502,490-502.5k
SIT INVESTMENT ASSOCIATES INC Reduced -299,564-299.6k
1607 Capital Partners, LLC Reduced -72,070-72.1k
AMERIPRISE FINANCIAL INC Reduced -51,859-51.9k
Legacy Capital Wealth Partners, LLC Sold out -43,354-43.4k
Allspring Global Investments Holdings, LLC Reduced -30,447-30.4k
Shaker Financial Services, LLC Sold out -15,865-15.9k
MORTON COMMUNITY BANK Sold out -12,300-12.3k
ROYAL BANK OF CANADA Reduced -11,214-11.2k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -8,272-8.3k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
SIT INVESTMENT ASSOCIATES INC 13G · institution +5.3 pts · filed 2026-06-04 11.2% +5.3 pts 1.3m≈ $19.3m 2026-06-04
FIRST TRUST PORTFOLIOS LP 13G · institution -4.5 pts · filed 2026-04-14 8.6% -4.5 pts 977.6k≈ $14.8m 2026-04-14

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SIT INVESTMENT ASSOCIATES INC 0.16% of their portfolio Minneapolis, MN 439,814439.8k $7.1m $7.1m 0.16% Reduced -299.6k -299,564
2 1607 Capital Partners, LLC 0.53% of their portfolio Richmond, VA 365,704365.7k $5.9m $5.9m 0.53% Reduced -72.1k -72,070
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 351,907351.9k $5.6m $5.6m 0.00% Reduced -2.6k -2,572
4 Allspring Global Investments Holdings, LLC 0.01% of their portfolio CHARLOTTE, NC 298,429298.4k $4.8m $4.8m 0.01% Reduced -30.4k -30,447
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 223,654223.7k $3.6m $3.6m 0.00% Reduced -502.5k -502,490
6 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 138,708138.7k $2.2m $2.2m 0.02% Added +31.2k +31,207
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 116,635116.6k $1.9m $1.9m 0.00% Added +2.8k +2,812
8 Hennion & Walsh Asset Management, Inc. 0.09% of their portfolio Parsippany, NJ 110,842110.8k $1.8m $1.8m 0.09% Added +14.3k +14,330
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 106,021106.0k $1.7m $1.7m 0.00% Reduced -5.0k -5,044
10 ProVise Management Group, LLC 0.13% of their portfolio CLEARWATER, FL 98,84598.8k $1.6m $1.6m 0.13% Added +5.3k +5,255
11 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 98,84598.8k $1.6m $1.6m 0.01% New
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 77,64177.6k $1.2m $1.2m 0.00% Reduced -4.3k -4,315
13 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 70,21870.2k $1.1m $1.1m 0.00% Reduced -51.9k -51,859
14 Fiera Capital Corp 0.00% of their portfolio MONTREAL, A8 69,50869.5k $1.1m $1.1m 0.00% Unchanged
15 WealthBridge Capital Management, LLC 0.35% of their portfolio WESTERVILLE, OH 66,35166.4k $1.1m $1.1m 0.35% Added +29.8k +29,791
16 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 59,91759.9k $961.1k $961.1k 0.00% Added +8.7k +8,710
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 56,45356.5k $905.5k $905.5k 0.00% Reduced -1.6k -1,559
18 Cordgrass Capital Advisors, LLC 0.21% of their portfolio RALEIGH, NC 41,51141.5k $665.8k $665.8k 0.21% Added +1.4k +1,379
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 39,98940.0k $642.0k $642.0k 0.00% Reduced -11.2k -11,214
20 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 32,90532.9k $527.8k $527.8k 0.00% Added +28.9k +28,850
21 MELFA WEALTH MANAGEMENT, INC. 0.30% of their portfolio WESTBOROUGH, MA 26,96427.0k $432.5k $432.5k 0.30% Added +3.8k +3,750
22 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 25,74025.7k $413.0k $413.0k 0.00% Added +2.2k +2,230
23 Uncommon Cents Investing LLC 0.10% of their portfolio JANESVILLE, WI 20,11020.1k $322.6k $322.6k 0.10% Added +100 +100
24 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 20,04220.0k $321.5k $321.5k 0.00% Reduced -5.7k -5,746
25 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 17,12317.1k $274.7k $274.7k 0.00% Reduced -8.2k -8,174
26 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.02% of their portfolio Englewood, NJ 15,63815.6k $250.8k $250.8k 0.02% Reduced -8.3k -8,272
27 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 15,18215.2k $244.0k $244.0k 0.00% Reduced -194 -194
28 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,85811.9k $190.2k $190.2k 0.00% New
29 IVC Wealth Advisors LLC 0.09% of their portfolio SILVERDALE, PA 10,52710.5k $168.9k $168.9k 0.09% Unchanged
30 Gilman Hill Asset Management, LLC 0.03% of their portfolio NEW CANAAN, CT 10,50010.5k $168.4k $168.4k 0.03% New
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 8,1228.1k $130.3k $130.3k 0.00% Added +4.8k +4,784
32 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 6,1006.1k $97.8k $97.8k 0.01% New
33 Citizens National Bank Trust Department 0.01% of their portfolio MERIDIAN, MS 3,2003.2k $51.3k $51.3k 0.01% Unchanged
34 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,5381.5k $24.7k $24.7k 0.00% Reduced -256 -256
35 Annis Gardner Whiting Capital Advisors, LLC 0.00% of their portfolio TAMPA, FL 1,0151.0k $16.3k $16.3k 0.00% Unchanged
36 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,0001.0k $16.0k $16.0k 0.00% New
37 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 800800 $12.8k $12.8k 0.00% Unchanged
38 Gilliland Jeter Wealth Management LLC 0.00% of their portfolio LITTLE ROCK, AR 600600 $9.6k $9.6k 0.00% Unchanged
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 513513 $8.2k $8.2k 0.00% Reduced -4.5k -4,544
40 PFS Partners, LLC 0.00% of their portfolio MINE HILL, NJ 413413 $6.6k $6.6k 0.00% Unchanged
41 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 250250 $4.0k $4.0k 0.00% Unchanged
42 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 214214 $3.4k $3.4k 0.00% New
43 CLEAR STREET LLC 0.00% of their portfolio NEW YORK, NY 114114 $1.8k $1.8k 0.00% New
44 Scarborough Advisors, LLC 0.00% of their portfolio ANNAPOLIS, MD 104104 $0 $0 0.00% Unchanged
45 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 9999 $1.6k $1.6k 0.00% Unchanged
46 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 11 $16 $16 0.00% Unchanged
47 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged