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Invesco Income Allocation A ALAAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
11.83  /  0.34 %
Total Assets
548.9 Mil
Adj. Expense Ratio
0.760%
Expense Ratio
0.760%
Fee Level
Low
Longest Manager Tenure
6.85 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Status
Open
TTM Yield
3.42%
Turnover
66%

USD | NAV as of Aug 05, 2021 | 1-Day Return as of Aug 05, 2021, 3:02 AM GMT+00:00

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Morningstar’s Analysis

Will ALAAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALAAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the ALAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of ALAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Room for improvement.

Associate Director

Summary

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Invesco Income Allocation’s yield-driven mandate produces a risky profile; combined with an underwhelming process and a new configuration of portfolio managers, it adds up to a lackluster offering. It receives a Morningstar Analyst Rating of Neutral across all share classes, except for the most expensive C share class, which is rated Negative.

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