# Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF USD (AT1D) **Source:** https://fundology.uk/fund/at1d · ISIN IE00BG0TQB18 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, AT1D (Invesco USD AT1 CoCo Bond UCITS ETF USD, ISIN IE00BG0TQB18) closed at £14.01 on the London Stock Exchange. Its ongoing charge is 0.39% a year (about £39 on £10,000). Over the five years to 30/09/2026 its total return was +15.9%, or −9.4% after UK CPIH inflation. ## Summary Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF USD is an exchange-traded fund (ETF) from Invesco, launched in 2018. It tracks the Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 8% Issuer Cap Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.39% a year — about £39 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£14.01** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | AT1D | | ISIN | IE00BG0TQB18 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Invesco | | Tracks | Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 8% Issuer Cap Index | | Income | Distributing | | Ongoing charge | 0.39% a year (£39 per £10,000) | | Fund size | £41.0m | | Launched | 2018 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.81% | +0.55% | income reinvested | | 3 years | +22.34% | +10.40% | income reinvested | | 5 years | +15.86% | -9.43% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF USD 0.39% a year, as of 01/10/2026: 94 of the 383 other corporate and other bond funds charge more, 8 the same and 281 less (share classes counted once). ## Funds tracking the same index 3 funds track Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 8% Issuer Cap Index, this one included and share classes counted once; their ongoing charges range from 0.39% to 0.39% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF Accum Shs USD | 0.39% | +3.8% | +22.3% | +15.9% | | Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF Hedged GBP | 0.39% | +2.1% | +31.4% | +9.4% | | Invesco Markets II PLC - Invesco USD AT1 CoCo Bond UCITS ETF USD (this fund) | 0.39% | +3.8% | +22.3% | +15.9% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.39%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 14/05/2026): | Holding | Weight | |---|---| | ING Groep NV VAR 16/11/74 | 4.54% | | Banco Santander SA VAR 21/02/75 | 4.16% | | Barclays PLC VAR 15/12/74 | 4.03% | | Credit Agricole SA VAR 23/12/74 | 3.70% | | Sumitomo Mitsui Financial Group In VAR 05/06/74 | 3.33% | | Mitsubishi UFJ Financial Group Inc VAR 15/01/75 | 2.66% | | ING Groep NV VAR 16/05/74 | 2.37% | | Banco Santander SA VAR 01/11/74 | 2.34% | | Barclays PLC VAR 15/03/75 | 2.21% | | Lloyds Banking Group PLC VAR 27/06/74 | 1.92% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings Invesco publishes, as of 14/05/2026. | Country | Weight | |---|---| | United States | 93.8% | | Switzerland | 0.3% | | Not classified | 6.5% | All 75 holdings: https://fundology.uk/fund/at1d/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.