Invesco Multi-Asset Income Fund (PIYFX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Invesco Multi-Asset Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Multi-Asset Income Fund (PIYFX) has returned -2.09% so far this year and 7.05% over the past 12 months. Over the last ten years, PIYFX has returned 3.86% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 14, 2011, PIYFX's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, your investment would double in approximately 15.2 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +5.2%, while the worst month was Mar 2020 at -14.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PIYFX closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +4.9%, while the worst single day was Mar 18, 2020 at -9.2%.

Invesco Multi-Asset Income Fund has an annualized alpha of 0.78%, beta of 0.29, and R² of 0.40 versus S&P 500 Index. Calculated based on daily prices since December 15, 2011.

• This fund participated in 51.55% of S&P 500 Index downside but only 37.32% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.29 may look defensive, but with R² of 0.40 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.40 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

PIYFX has an expense ratio of 0.59%, placing it in the medium range.

PIYFX ranks 44 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Invesco Multi-Asset Income Fund (PIYFX) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Multi-Asset Income Fund provided a 6.57% dividend yield over the last twelve months, with an annual payout of $0.51 per share.

The table displays the monthly dividend distributions for Invesco Multi-Asset Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Multi-Asset Income 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 Multi-Asset Income Fund was 30.39%, occurring on Mar 23, 2020. Recovery took 411 trading sessions.

The current Invesco Multi-Asset Income Fund drawdown is 5.25%.

The chart below shows the rolling one-month volatility.