Invesco Multi-Asset Income Fund (PIYFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PIYFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIYFX
PIYFX charges 0.59% annually. There are 222 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PIYFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PIYFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PIYFX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | PIYFX vs FYMIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | PIYFX vs BWBIX |
Best Risk-Adjusted Alternatives to PIYFX
PIYFX has a PortfoliosLab risk / return rank of 52. There are 383 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PIYFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | PIYFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | PIYFX vs NWQIX | |
| Fidelity Strategic Real Return Fund Class K6 | 97 | — | Sep 2005 | PIYFX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 96 | — | Oct 2018 | PIYFX vs FIQDX |
Top Performing PIYFX Alternatives (YTD)
PIYFX is at 4.58% YTD. There are 412 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 32.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 32.52% | — | Jan 1998 | PIYFX vs EKBAX | |
| Greenspring Fund | 20.11% | — | Jun 1983 | PIYFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 17.53% | — | Aug 1998 | PIYFX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.20% | — | Dec 2002 | PIYFX vs TIBIX | |
| Standpoint Multi-Asset Fund Institutional | 16.97% | — | Dec 2019 | PIYFX vs BLNDX |
Lowest Volatility Alternatives to PIYFX
PIYFX has 6.24% 1-year volatility. There are 145 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | PIYFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.64% | — | Apr 2012 | PIYFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | PIYFX vs SICIX | |
| Ave Maria Bond Fund | 2.93% | — | Apr 2003 | PIYFX vs AVEFX | |
| American Funds College 2027 Fund | 3.04% | — | Sep 2012 | PIYFX vs CSTAX |
Lowest Drawdown Alternatives to PIYFX
PIYFX has a 1-year max drawdown of -5.49%. There are 173 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PIYFX vs STDAX | |
| Fidelity Strategic Real Return Fund Class K6 | -1.93% | — | Sep 2005 | PIYFX vs FSRKX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.94% | — | Oct 2018 | PIYFX vs FIQDX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | -1.99% | — | Sep 2005 | PIYFX vs FCSRX | |
| Fidelity Strategic Real Return Fund | -2.05% | — | Sep 2005 | PIYFX vs FSRRX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 76 | 20.97% | — | Oct 2020 | PIYFX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 39 | 9.56% | — | — | PIYFX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 32 | 2.18% | — | Jul 1983 | PIYFX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 80 | 18.92% | — | Jun 2001 | PIYFX vs VVOAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 15 | 8.55% | — | Jun 2005 | PIYFX vs VAFAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 57 | 8.65% | — | Oct 1968 | PIYFX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 49 | 5.98% | — | Feb 1988 | PIYFX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 85 | 26.83% | — | Jun 1999 | PIYFX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 64 | 5.38% | — | Aug 1960 | PIYFX vs ACEIX | |
| Invesco Global Fund | Global Equities | 28 | 8.80% | — | Dec 1969 | PIYFX vs OPPAX |
Often Compared With PIYFX
Investors most often compare PIYFX with BAICX, PMFYX, TPDAX. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PIYFX with Any Fund or Stock
Compare PIYFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIYFX with funds that move differently
Invesco Multi-Asset Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIYFX.
Explore PIYFX Diversifiers