Morningstar

Invesco Income Allocation Fund Class Y ALAYX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $11.34  /  +0.09 %
  • Fund Size $306.6M
  • Adjusted Expense Ratio 0.570%
  • Net Expense Ratio 0.190%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Moderately Conservative Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 4.47%
  • Turnover Ratio 5%
NAV and 1-Day Return as of

Morningstar’s Analysis ALAYX

Will ALAYX 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 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.

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

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Portfolio Holdings ALAYX

More ALAYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 87.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Core Bond R6

24.77 79M
—

Invesco Core Plus Bond R6

23.80 76M
—

Invesco MSCI USA ETF

6.73 21M
—

Invesco Variable Rate Investment Grd ETF

5.92 19M
—

Invesco RAFI Developed Markets ex-US ETF

5.49 17M
—

Invesco S&P 500 Eq Wght Inc Adv ETF

4.97 16M
—

Invesco QQQ Income Advantage ETF

4.94 16M
—

Invesco S&P 500® Pure Value ETF

4.27 14M
—

Invesco Dividend Income R6

4.02 13M
—

Invesco International Bond R6

2.98 9M
—

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