Invesco Income Allocation’s yield-driven mandate produces a risky profile; combined with an underwhelming process and a new configuration of portfolio managers, it adds up to a lackluster offering. It receives a Morningstar Analyst Rating of Neutral across all share classes, except for the most expensive C share class, which is rated Negative.
Will RLIAX 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 RLIAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RLIAX 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 RLIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.