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Invesco Income Allocation Y ALAYX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis ALAYX

Will ALAYX outperform in 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 ALAYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALAYX 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 ALAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Leadership changes pose challenges for this aggressively income-focused offering.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

Invesco Income Allocation aggressively prioritizes yield, and a combination of industry-standard process inputs with shifting resources gives pause around its ability to thoughtfully deliver on this aim. In particular, recent leadership adjustments support a downgrade of the People Pillar to Below Average from Average, resulting in a Morningstar Medalist Rating of Negative across all share classes.

by Vedran Beogradlija
Rated on Published on

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