Aside from Invesco Income Allocation’s low expense ratios on its Y, R5, and R6 share classes, not much about this fund stands out. Its management team oversees a vast line-up and leans heavily on high-octane asset classes to generate this fund’s yield, keeping five of its share classes to a Morningstar Analyst Rating of Neutral. The C share class’ steep fee lowers its potential to outperform even further, resulting in a downgrade to Negative.
Will CLIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CLIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CLIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CLIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.