Company: VBF
Filing Date: 2025-05-02
Form Type: N-CSR
Source: 0001193125-25-111590
Chunk: 2

Company: Invesco Bond Fund
Filing Date: 2025-05-02
Form: N-CSR
Chunk 2
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 speed and magnitude of changes to interest rates across the maturity spectrum, including the potential impact of monetary policy changes by the Fed and certain foreign central banks. If interest rates rise or fall faster than expected, markets may experience increased volatility, which may affect the value and/or liquidity of certain of the Fund’s investments and/or the market price of the Fund’s shares. Thank you for investing in Invesco Bond Fund and for sharing our long-term investment horizon.

| 1 | Source: US Bureau of Labor Statistics |

| 2 | Source: US Department of the Treasury |

Portfolio manager(s): Matt Brill Chuck Burge Michael Hyman Todd Schomberg The views and opinions expressed in management’s discussion of Trust performance are those of Invesco Advisers, Inc. and its affiliates. These views and opinions are subject to change at any time based on factors such as market and economic conditions. These views and opinions may not be relied upon as investment advice or recommendations, or as an offer for a particular security. The information is not a complete analysis of every aspect of any market, country, industry, security or the Trust. Statements of fact are from sources considered reliable, but Invesco Advisers, Inc. makes no representation or warranty as to their completeness or accuracy. Although historical performance is no guarantee of future results, these insights may help you understand our investment management philosophy. See important Trust and, if applicable, index disclosures later in this report.

| 3 |     | Invesco Bond Fund |

Your Fund’s Long-Term Performance Results of a $10,000 Investment Fund and index data from 2/28/15 1 Source: RIMES Technologies Corp. Past performance cannot guarantee future results. Performance shown in the chart does not reflect deduction of taxes a shareholder would pay on Fund distributions or sale of Fund shares.

| 4 |     | Invesco Bond Fund |

| Average Annual Total Returns |     |     |      |   |     |        |      |   |
| As of 2/28/25                |     |     |      |   |     |        |      |   |
|                              |     | NAV |      |   |     | Market |      |   |
| 10 Years                     |     |     | 3.24 | % |     |        | 3.57 | % |
| 5 Years                      |     |     | 0.79 |   |     |        | 1.24 |   |
| 1 Year