Invesco Income Allocation Fund (ALAAX)
The fund is a "fund of funds," and invests its assets in other underlying mutual funds advised by the Adviser and ETFs and other pooled investment vehicles. It 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. 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.
Fund Info
| ISIN | US00141M2420 |
|---|---|
| CUSIP | 00141M242 |
| Issuer | Invesco |
| Inception Date | Oct 30, 2005 |
| Category | Diversified Portfolio |
| Min. Investment | $1,000 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
The Invesco Income Allocation Fund has a high expense ratio of 0.37%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ALAAX vs. HTGC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Income Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Income Allocation Fund had a return of -1.16% year-to-date (YTD) and 3.20% in the last 12 months. Over the past 10 years, Invesco Income Allocation Fund had an annualized return of 3.24%, while the S&P 500 had an annualized return of 10.46%, indicating that Invesco Income Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.16% | 5.84% |
| 1 month | -2.12% | -2.98% |
| 6 months | 8.57% | 22.02% |
| 1 year | 3.20% | 24.47% |
| 5 years (annualized) | 1.93% | 11.44% |
| 10 years (annualized) | 3.24% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.28% | 0.00% | 1.85% | |||||||||
| 2023 | -2.68% | -2.15% | 5.43% | 4.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Invesco Income Allocation Fund(ALAAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Income Allocation Fund (ALAAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Income Allocation Fund granted a 4.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.43 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.42 | $0.36 | $0.38 | $0.46 | $0.81 | $0.42 | $0.39 | $0.41 | $0.41 | $0.40 | $0.36 |
Dividend yield | 4.24% | 4.07% | 3.53% | 3.19% | 4.07% | 6.98% | 3.91% | 3.36% | 3.66% | 3.81% | 3.58% | 3.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Income Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.11 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.36 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.08 |
| 2013 | $0.09 | $0.00 | $0.00 | $0.09 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Income Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Income Allocation Fund was 28.28%, occurring on Mar 9, 2009. Recovery took 276 trading sessions.
The current Invesco Income Allocation Fund drawdown is 6.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.28% | Nov 1, 2007 | 338 | Mar 9, 2009 | 276 | Apr 13, 2010 | 614 |
| -24.08% | Feb 24, 2020 | 21 | Mar 23, 2020 | 178 | Dec 3, 2020 | 199 |
| -17.15% | Jan 14, 2022 | 193 | Oct 20, 2022 | — | — | — |
| -7.52% | Apr 27, 2015 | 186 | Jan 20, 2016 | 62 | Apr 19, 2016 | 248 |
| -6.67% | Jan 29, 2018 | 229 | Dec 24, 2018 | 41 | Feb 25, 2019 | 270 |
Volatility
Volatility Chart
The current Invesco Income Allocation Fund volatility is 2.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.