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Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

INVESCO Income Allocation Fund

RLIAX | Fund

$10.56

$363 M

4.19%

$0.44

1.14%

Vitals

YTD Return

5.7%

1 yr return

6.2%

3 Yr Avg Return

0.1%

5 Yr Avg Return

2.2%

Net Assets

$363 M

Holdings in Top 10

87.8%

52 WEEK LOW AND HIGH

$10.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

INVESCO Income Allocation Fund

RLIAX | Fund

$10.56

$363 M

4.19%

$0.44

1.14%

RLIAX - Profile

Distributions

  • YTD Total Return 5.7%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.65%
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    INVESCO Income Allocation Fund
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Oct 31, 2005
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Duy Nguyen

Fund Description

The Fund is a “fund of funds,” and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco or the Adviser) and exchange-traded funds (ETFs) and other pooled investment vehicles advised by Invesco Capital Management LLC (Invesco Capital) or mutual funds, ETFs and other pooled investment vehicles advised by unaffiliated advisers (the underlying funds). Invesco and Invesco Capital are affiliates of each other as they are both indirect wholly-owned subsidiaries of Invesco Ltd. The Fund invests its assets in a selection of underlying funds which invest primarily in international or domestic equities, fixed-income securities or real estate investment trusts (REITs). The Fund’s target allocation is to invest 60%-70% of its total assets in underlying funds that invest primarily in fixed-income securities and 30%-40% of its total assets in underlying funds that invest primarily in equity securities, including REITs.
The Adviser uses a three-step process to create the Fund’s portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser attempts to balance the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Fund’s asset class allocations, underlying funds and target weightings in the underlying funds.
The Adviser rebalances the Fund’s investments in the underlying funds on an annual basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Fund’s asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Fund’s asset class allocations, the underlying funds or the target weightings in the underlying funds without notice to, or approval by, shareholders.
Read More

RLIAX - Performance

Return Ranking - Trailing

Period RLIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -4.7% 16.0% 83.91%
1 Yr 6.2% -4.8% 17.6% 62.62%
3 Yr 0.1%* -13.6% 6.3% 83.42%
5 Yr 2.2%* -1.4% 7.8% 91.23%
10 Yr 3.3%* -0.6% 7.4% 83.21%

* Annualized

Return Ranking - Calendar

Period RLIAX Return Category Return Low Category Return High Rank in Category (%)
2023 2.8% -1.0% 27.4% 95.29%
2022 -14.6% -35.0% -7.4% 26.88%
2021 4.0% -11.5% 14.6% 28.61%
2020 -2.0% -10.3% 40.7% 93.72%
2019 7.8% -9.5% 22.1% 79.49%

Total Return Ranking - Trailing

Period RLIAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -4.7% 16.0% 83.91%
1 Yr 6.2% -4.8% 17.6% 62.62%
3 Yr 0.1%* -13.6% 6.3% 83.42%
5 Yr 2.2%* -1.4% 7.8% 91.23%
10 Yr 3.3%* -0.6% 7.4% 83.21%

* Annualized

Total Return Ranking - Calendar

Period RLIAX Return Category Return Low Category Return High Rank in Category (%)
2023 6.9% 2.6% 28.2% 93.05%
2022 -12.3% -35.0% -3.1% 36.43%
2021 7.2% -11.5% 32.0% 62.63%
2020 2.1% -5.4% 40.7% 95.90%
2019 15.3% 4.5% 27.7% 47.19%

NAV & Total Return History

RLIAX - Holdings

Concentration Analysis

RLIAX Category Low Category High RLIAX % Rank
Net Assets 363 M 305 K 50.8 B 60.64%
Number of Holdings 24 2 4065 58.17%
Net Assets in Top 10 310 M 309 K 10.3 B 49.50%
Weighting of Top 10 87.84% 9.7% 111.4% 33.91%

Top 10 Holdings

  1. Invesco Core Bond Fund, Class R6 24.58%
  2. Invesco Core Plus Bond Fund, Class R6 23.62%
  3. Invesco MSCI USA ETF 6.82%
  4. Invesco Variable Rate Investment Grade ETF 5.92%
  5. Invesco FTSE RAFI Developed Markets ex-U.S. ETF 5.45%
  6. Invesco QQQ Income Advantage ETF 5.14%
  7. Invesco SP 500 Equal Weight Income Advantage ETF 5.07%
  8. Invesco SP 500 Pure Value ETF 4.18%
  9. Invesco Dividend Income Fund, Class R6 4.02%
  10. Invesco International Bond Fund, Class R6 3.04%

Asset Allocation

Weighting Return Low Return High RLIAX % Rank
Stocks 		99.40% 0.00% 100.11% 31.93%
Cash 		0.69% -35.68% 23.34% 58.66%
Convertible Bonds 		0.68% 0.00% 71.77% 63.50%
Preferred Stocks 		0.00% 0.00% 21.95% 67.33%
Other 		0.00% -0.20% 61.47% 67.08%
Bonds 		0.00% 0.00% 79.72% 76.49%

Stock Sector Breakdown

Weighting Return Low Return High RLIAX % Rank
Real Estate 		21.19% 0.00% 43.16% 5.54%
Financial Services 		14.78% 0.00% 83.50% 50.38%
Healthcare 		10.85% 0.00% 24.25% 85.39%
Consumer Defense 		10.50% 0.00% 18.62% 21.91%
Utilities 		8.43% 0.00% 48.33% 7.81%
Energy 		7.08% 0.00% 62.93% 18.89%
Industrials 		6.76% 0.14% 17.90% 92.44%
Consumer Cyclical 		6.10% 0.00% 14.20% 74.56%
Communication Services 		6.01% 0.00% 11.11% 63.73%
Basic Materials 		4.69% 0.00% 32.82% 28.72%
Technology 		3.62% 0.22% 27.92% 94.96%

Stock Geographic Breakdown

Weighting Return Low Return High RLIAX % Rank
US 		99.40% 0.00% 100.11% 31.93%
Non US 		0.00% 0.00% 23.24% 71.78%

RLIAX - Expenses

Operational Fees

RLIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.06% 21.26% 31.19%
Management Fee 0.00% 0.00% 1.25% 17.12%
12b-1 Fee 0.50% 0.00% 1.00% 64.16%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

RLIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RLIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RLIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.00% 2.00% 380.00% 17.62%

RLIAX - Distributions

Dividend Yield Analysis

RLIAX Category Low Category High RLIAX % Rank
Dividend Yield 4.19% 0.00% 7.99% 26.24%

Dividend Distribution Analysis

RLIAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Quarterly Quarterly

Net Income Ratio Analysis

RLIAX Category Low Category High RLIAX % Rank
Net Income Ratio 2.65% -1.22% 6.83% 21.86%

Capital Gain Distribution Analysis

RLIAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Semi-Annually

Distributions History

View More +

RLIAX - Fund Manager Analysis

Managers

Duy Nguyen

Start Date

Tenure

Tenure Rank

Sep 29, 2014

7.67

7.7%

Duy Nguyen serves as Chief Investment Officer and Portfolio Manager for Invesco Global Solutions Development and Implementation. He has been with Invesco since 2000, most recently on the Invesco Global Quantitative Strategies team. Previously, he was assistant vice president and quantitative equity analyst with Van Kampen American Capital, and vice president and director of quantitative services for FactSet Research Systems.

Jacob Borbidge

Start Date

Tenure

Tenure Rank

Feb 17, 2016

6.29

6.3%

Blank

Jeffrey Bennett

Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

Jeff Bennett is a Senior Portfolio Manager and Head of Manager Selection for the Invesco Investment Solutions team, which provides customized multi-asset investment strategies for institutional and retail clients. Mr. Bennett joined Invesco when the firm combined with OppenheimerFunds in 2019. Prior to joining Invesco, he was a senior portfolio manager and manager due diligence specialist in the OppenheimerFunds Global Multi-Asset Group (GMAG).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.38 2.41

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