Morningstar

Invesco Multi-Asset Income Fund Class R6 PIFFX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 8.18  /  +0.37 %
  • Total Assets 877.0M
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.520%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 6.47%
  • Turnover 75%

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

Morningstar’s Analysis PIFFX

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

  • People Pillar

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

A shifting team on this yield-focused fund.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

Invesco Multi-Asset Income’s solid team can weather recent management changes, but the fund’s inconsistent, yield-focused design blunts appreciation potential and dents our confidence.

by Stephen Margaria
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PIFFX

More PIFFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 85.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco S&P 500 Eq Wght Inc Adv ETF

22.72 203M
—

Invesco Core Fixed Income ETF

17.81 159M
—

Invesco High Yield Systematic Bond ETF

13.91 124M
—

Invesco QQQ Income Advantage ETF

12.02 107M
—

Invesco MSCI EAFE Income Advantage ETF

9.26 83M
—

Long Gilt Future Sept 26

2.52 22M
Government

United States Treasury Notes 3.875%

2.39 21M
Government

MSCI Emerging Markets Index Future June 26

1.99 18M
—

United States Treasury Notes 4.25%

1.78 16M
Government

FTSE 100 Index Future June26

1.45 13M
—

Sponsor Center