Morningstar

Invesco Income Allocation Fund Class A ALAAX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 11.51  /  +0.26 %
  • Total Assets 318.7M
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.440%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 4.10%
  • Turnover 5%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis ALAAX

Will ALAAX outperform in the future?

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

  • Process Pillar

    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

    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

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

Changes at Invesco Income Allocation heighten our concern.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

A series of material changes to leadership, team composition, and portfolio construction since 2023 has meaningfully shifted this strategy and weighs on our confidence in its ability to deliver consistent results.

by Vedran Beogradlija
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ALAAX

More ALAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Core Bond R6

24.58 80M
—

Invesco Core Plus Bond R6

23.70 77M
—

Invesco MSCI USA ETF

6.74 22M
—

Invesco Variable Rate Investment Grd ETF

5.81 19M
—

Invesco RAFI Developed Markets ex-US ETF

5.50 18M
—

Invesco S&P 500 Eq Wght Inc Adv ETF

5.07 16M
—

Invesco QQQ Income Advantage ETF

5.00 16M
—

Invesco S&P 500® Pure Value ETF

4.35 14M
—

Invesco Dividend Income R6

4.04 13M
—

Invesco International Bond R6

2.94 10M
—

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