ICIFX Fees and Costs — Invesco Conservative Income Fund, Institutional Class
Data updated: 2026-07-30
The net expense ratio is 0.27%: a 0.24% management fee plus 0.04% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 48%.
ICIFX Fees and Expenses
Annual operating expenses and sales charges of ICIFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.28% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ICIFX Costs Over Time
On $10,000 invested in ICIFX, assuming 5% a year before costs, total costs come to $171 over 5 years, cutting the return by 0.28% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $28 | $94 | $171 |
| Value after costs | $10,472 | $11,483 | $12,591 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
ICIFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $14.0B
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
ICIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $4.1B | 31.71% |
| RBC CAPITAL MARKETS, LLC | $2.9B | 22.69% |
| WELLS FARGO SECURITIES, LLC | $2.4B | 18.42% |
| BOFA SECURITIES, INC. | $1.2B | 8.96% |
| SANTANDER INVESTMENT SECURITIES INC. | $840.0M | 6.46% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $480.0M | 3.69% |
| R. SEELAUS & CO., LLC | $297.2M | 2.29% |
| MUFG SECURITIES AMERICAS INC. | $270.5M | 2.08% |
| GOLDMAN, SACHS & CO. | $242.3M | 1.86% |
| MIZUHO SECURITIES USA LLC | $238.7M | 1.84% |
Invesco Conservative Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ICIFX | Institutional Class | 0.27% | none |
| ICIRX | Class R6 | 0.29% | none |
| ICIYX | Class Y | 0.36% | none |
| ICIVX | Class A | 0.46% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.