- ISIN
- US00143W6443
- CUSIP
- 00143W644
- Issuer
- Invesco
- Inception Date
- Oct 31, 1991
- Category
- Global Allocation
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
QVGIX Performance Chart
Invesco Global Allocation Fund (QVGIX) is up 8.3% since the beginning of the year. QVGIX is currently trading at $22 per share. Investors who bought $1,000 worth of QVGIX shares 5 years ago would now be looking at an investment worth $1,283.
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Returns By Period
Invesco Global Allocation Fund (QVGIX) has returned 8.31% so far this year and 17.27% over the past 12 months. Over the last ten years, QVGIX has returned 6.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco Global Allocation Fund
- 1D
- 0.73%
- 1M
- 0.45%
- YTD
- 8.31%
- 6M
- 8.31%
- 1Y
- 17.27%
- 3Y*
- 10.98%
- 5Y*
- 5.11%
- 10Y*
- 6.90%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
QVGIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 3, 2012, QVGIX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +10.5%, while the worst month was Jun 2022 at -8.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, QVGIX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +5.0%, while the worst single day was Mar 16, 2020 at -6.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.42% | 1.80% | -4.69% | 5.80% | 2.49% | -0.45% | 8.31% | ||||||
| 2025 | 2.03% | 1.17% | -1.56% | 1.07% | 2.23% | 2.77% | -0.72% | 1.84% | 1.67% | 0.94% | 0.56% | 0.98% | 13.68% |
| 2024 | -0.98% | 1.76% | 3.19% | -3.09% | 3.24% | -0.10% | 0.94% | 2.02% | 1.27% | -2.61% | 2.68% | -2.54% | 5.63% |
| 2023 | 7.13% | -2.99% | 3.49% | 2.00% | -2.02% | 2.69% | 2.51% | -2.66% | -3.96% | -2.73% | 7.11% | 4.92% | 15.63% |
| 2022 | -4.11% | -2.59% | 0.20% | -6.13% | 2.56% | -8.44% | 4.47% | -3.66% | -6.11% | 3.06% | 6.51% | -3.69% | -17.60% |
| 2021 | 0.14% | 2.54% | 0.54% | 2.55% | 1.40% | 0.69% | -0.00% | 1.71% | -2.65% | 2.63% | -2.02% | 2.64% | 10.45% |
Benchmark Metrics
Invesco Global Allocation Fund has an annualized alpha of -0.30%, beta of 0.55, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since August 03, 2012.
- This fund participated in 68.91% of S&P 500 Index downside but only 54.85% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.55 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -0.30%
- Beta
- 0.55
- R²
- 0.82
- Upside Capture
- 54.85%
- Downside Capture
- 68.91%
Expense Ratio
QVGIX has a high expense ratio of 1.15%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
QVGIX ranks 58 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Global Allocation Fund (QVGIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QVGIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 2.78 | -0.04 |
| Martin ratioReturn relative to average drawdown | 11.52 | 12.44 | -0.92 |
Dividends
Dividend History
Invesco Global Allocation Fund provided a 6.27% dividend yield over the last twelve months, with an annual payout of $1.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.39 | $1.39 | $0.18 | $0.42 | $0.99 | $2.96 | $0.00 | $0.00 | $1.55 | $0.02 | $0.58 | $0.30 |
Dividend yield | 6.27% | 6.79% | 0.93% | 2.27% | 6.10% | 14.15% | 0.00% | 0.00% | 9.56% | 0.13% | 3.34% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Global 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $1.39 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.94 | $0.99 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.96 | $2.96 |
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 Global 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 Global Allocation Fund was 22.91%, occurring on Sep 30, 2022. Recovery took 470 trading sessions.
The current Invesco Global Allocation Fund drawdown is 0.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -22.91%Sep 2022 | 10mo 24d | 1y 10mo | 2y 9moNov 2021 - Aug 2024 |
COVID crash2020 | -22.06%Mar 2020 | 2mo 2d | 4mo 22d | 6mo 24dJan 2020 - Aug 2020 |
Rate-hike selloffLate 2018 | -16.79%Dec 2018 | 10mo 29d | 1y | 1y 10moJan 2018 - Dec 2019 |
2016 correction2016 | -11.84%Feb 2016 | 8mo 25d | 6mo 9d | 1y 2moMay 2015 - Aug 2016 |
2025 selloff2025 | -7.95%Apr 2025 | 1mo 19d | 1mo 7d | 2mo 26dFeb 2025 - May 2025 |
Drawdown Indicators
| QVGIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -56.78% | +33.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.94% | -9.10% | +2.16% |
Max Drawdown (3Y)Largest decline over 3 years | -10.00% | -18.90% | +8.90% |
Max Drawdown (5Y)Largest decline over 5 years | -22.91% | -25.43% | +2.52% |
Max Drawdown (10Y)Largest decline over 10 years | -22.91% | -33.92% | +11.01% |
Current DrawdownCurrent decline from peak | -0.67% | -1.80% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -10.71% | +6.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 2.03% | -0.45% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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