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Invesco Multi-Asset Income Fund (PIYFX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Invesco Multi-Asset Income Fund (PIYFX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund actively allocates assets across multiple income producing asset classes and strategies. The Adviser's Global Asset Allocation (GAA) Team employs risk balancing strategies intended to manage interest rate, equity and credit risk to seek to create a balanced risk profile for the fund. The GAA Team implements the fund's investment strategy and tactically adjusts the fund's portfolio through direct investments, including derivative and hybrid derivative-type instruments, as well as through affiliated and unaffiliated open-end investment companies, including ETFs, and closed-end investment companies.

Fund Info

ISIN

US00888Y8628

Issuer

Invesco

Inception Date

Dec 13, 2011

Category

Diversified Portfolio

Min. Investment

$1,000

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

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

Share Price Chart

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Compare to other instruments

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

Invesco Multi-Asset Income Fund

Popular comparisons:
PIYFX vs. BAICX
Popular comparisons:
PIYFX vs. BAICX

Performance

Performance Chart

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S&P 500

Returns By Period

Invesco Multi-Asset Income Fund (PIYFX) returned 2.47% year-to-date (YTD) and 6.66% over the past 12 months. Over the past 10 years, PIYFX returned 3.03% annually, underperforming the S&P 500 benchmark at 10.84%.

PIYFX

YTD

2.47%

1M

1.56%

6M

0.29%

1Y

6.66%

3Y*

3.77%

5Y*

3.38%

10Y*

3.03%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of PIYFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.67%1.14%-1.39%-0.50%1.56%2.47%
20240.33%1.36%1.32%-2.09%2.00%0.64%1.93%1.41%1.60%-1.64%2.03%-2.50%6.41%
20234.69%-1.71%1.13%1.50%-0.82%2.16%1.23%-1.19%-2.64%-2.20%5.18%3.40%10.87%
2022-2.27%-2.34%0.00%-6.15%-0.02%-4.54%4.28%-3.19%-6.05%0.20%4.08%-1.76%-16.93%
2021-0.52%-0.32%1.15%1.66%0.93%1.33%0.41%0.52%-1.01%1.04%-1.54%2.42%6.17%
2020-0.29%-5.61%-14.85%4.08%3.61%0.75%3.82%1.58%-1.89%-0.23%4.97%1.45%-4.29%
20194.64%1.42%2.67%1.00%-1.07%3.02%1.17%-0.49%1.18%0.24%-0.47%2.05%16.33%
2018-0.72%-3.22%0.21%0.59%1.56%0.21%2.11%0.30%-0.52%-4.50%0.06%-0.97%-4.96%
20171.74%2.29%0.30%1.51%0.85%0.47%1.02%0.38%0.93%-0.26%0.11%0.25%10.01%
2016-1.71%1.39%3.24%2.24%1.41%2.88%3.47%1.14%-0.44%-1.85%-1.50%1.79%12.53%
20152.17%0.69%0.21%0.78%-0.08%-2.18%1.10%-1.74%-1.38%2.87%-0.67%-1.59%0.05%
20141.80%1.97%0.74%1.33%2.10%0.82%-0.62%2.17%-2.23%1.42%0.73%-0.78%9.75%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PIYFX is 66, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of PIYFX is 6666
Overall Rank
The Sharpe Ratio Rank of PIYFX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of PIYFX is 6060
Sortino Ratio Rank
The Omega Ratio Rank of PIYFX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of PIYFX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of PIYFX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Multi-Asset Income Fund (PIYFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Invesco Multi-Asset Income Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.83
  • 5-Year: 0.48
  • 10-Year: 0.36
  • All Time: 0.51

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Invesco Multi-Asset Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Invesco Multi-Asset Income Fund provided a 6.12% dividend yield over the last twelve months, with an annual payout of $0.48 per share.

5.00%5.50%6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.48$0.50$0.55$0.56$0.60$0.59$0.56$0.56$0.64$0.52$0.52$0.54

Dividend yield

6.12%6.38%7.07%7.35%6.21%6.04%5.13%5.74%5.82%4.94%5.37%5.27%

Monthly Dividends

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.04$0.04$0.04$0.20
2024$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.50
2023$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.55
2022$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.56
2021$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.60
2020$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.59
2019$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.56
2018$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.09$0.56
2017$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.17$0.64
2016$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.52
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.06$0.52
2014$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.54

Drawdowns

Drawdowns Chart

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.

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Worst Drawdowns

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 30.38%, occurring on Mar 23, 2020. Recovery took 411 trading sessions.

The current Invesco Multi-Asset Income Fund drawdown is 0.58%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.38%Feb 13, 202027Mar 23, 2020411Nov 5, 2021438
-20.01%Nov 8, 2021240Oct 20, 2022485Sep 26, 2024725
-11.22%May 3, 201377Aug 21, 2013184May 15, 2014261
-9.42%Apr 28, 2015185Jan 20, 201661Apr 18, 2016246
-7.82%Aug 28, 201882Dec 24, 201852Mar 12, 2019134
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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