ICIFX vs. TMPFX

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco Conservative Income Fund (ICIFX) and Tactical Multi-Purpose Fund (TMPFX).

ICIFX is managed by Invesco. It was launched on Jul 1, 2014. TMPFX is managed by Fisher Investments. It was launched on Mar 30, 2017.

Performance

ICIFX vs. TMPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Conservative Income Fund (ICIFX) and Tactical Multi-Purpose Fund (TMPFX). The values are adjusted to include any dividend payments, if applicable.

ICIFX vs. TMPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ICIFX Invesco Conservative Income Fund	0.39%	4.97%	5.74%	4.77%	0.37%	-0.09%	1.74%	2.83%	2.03%
TMPFX Tactical Multi-Purpose Fund	0.71%	3.71%	4.26%	3.90%	0.51%	-0.91%	-0.60%	0.30%	-0.30%

Returns By Period

In the year-to-date period, ICIFX achieves a 0.39% return, which is significantly lower than TMPFX's 0.71% return.

ICIFX

• 1D: 0.10%
• 1M: -0.30%
• YTD: 0.39%
• 6M: 1.54%
• 1Y: 4.02%
• 3Y*: 4.86%
• 5Y*: 3.22%
• 10Y*: 2.47%

TMPFX

• 1D: 0.00%
• 1M: 0.30%
• YTD: 0.71%
• 6M: 1.57%
• 1Y: 3.61%
• 3Y*: 3.96%
• 5Y*: 2.46%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ICIFX vs. TMPFX - Expense Ratio Comparison

ICIFX has a 0.27% expense ratio, which is lower than TMPFX's 1.14% expense ratio.

TMPFX

Tactical Multi-Purpose Fund

ICIFX

Invesco Conservative Income Fund

Return for Risk

ICIFX vs. TMPFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICIFX

ICIFX Risk / Return Rank: 99
ICIFX Sharpe Ratio Rank: 98
ICIFX Sortino Ratio Rank: 99
ICIFX Omega Ratio Rank: 99
ICIFX Calmar Ratio Rank: 99
ICIFX Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ICIFX vs. TMPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Conservative Income Fund (ICIFX) and Tactical Multi-Purpose Fund (TMPFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ICIFX	TMPFX	Difference
Sharpe ratio Return per unit of total volatility	3.02	6.59	-3.57
Sortino ratio Return per unit of downside risk	9.62	—	—
Omega ratio Gain probability vs. loss probability	3.31	—	—
Calmar ratio Return relative to maximum drawdown	11.46	—	—
Martin ratio Return relative to average drawdown	41.54	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ICIFX vs. TMPFX - Sharpe Ratio Comparison

The current ICIFX Sharpe Ratio is 3.02, which is lower than the TMPFX Sharpe Ratio of 6.59. The chart below compares the historical Sharpe Ratios of ICIFX and TMPFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ICIFX	TMPFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	6.59	-3.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.43	1.06	+1.37
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	2.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.18	0.76	+1.42

Correlation

The correlation between ICIFX and TMPFX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

ICIFX vs. TMPFX - Dividend Comparison

ICIFX's dividend yield for the trailing twelve months is around 4.24%, more than TMPFX's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ICIFX Invesco Conservative Income Fund	4.24%	4.74%	5.37%	3.53%	1.47%	0.40%	1.22%	2.29%	2.21%	1.34%	0.91%	0.47%
TMPFX Tactical Multi-Purpose Fund	3.78%	3.81%	4.15%	3.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

ICIFX vs. TMPFX - Drawdown Comparison

The maximum ICIFX drawdown since its inception was -2.19%, smaller than the maximum TMPFX drawdown of -3.52%. Use the drawdown chart below to compare losses from any high point for ICIFX and TMPFX.

Drawdown Indicators

	ICIFX	TMPFX	Difference
Max Drawdown Largest peak-to-trough decline	-2.19%	-3.52%	+1.33%
Max Drawdown (1Y) Largest decline over 1 year	-0.40%	0.00%	-0.40%
Max Drawdown (5Y) Largest decline over 5 years	-1.24%	-3.52%	+2.28%
Max Drawdown (10Y) Largest decline over 10 years	-2.19%	—	—
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.11%	-0.66%	+0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.11%	0.00%	+0.11%

Volatility

ICIFX vs. TMPFX - Volatility Comparison

Invesco Conservative Income Fund (ICIFX) has a higher volatility of 0.26% compared to Tactical Multi-Purpose Fund (TMPFX) at 0.17%. This indicates that ICIFX's price experiences larger fluctuations and is considered to be riskier than TMPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICIFX	TMPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.26%	0.17%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	0.99%	0.37%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	1.49%	0.55%	+0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.33%	2.33%	-1.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.10%	1.83%	-0.73%