Invesco Income Allocation Fund Class A (ALAAX)
| Fund Assets | 325.65M |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 86.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.90% |
| Dividend Growth | 7.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 15, 2026 |
| Previous Close | 11.49 |
| YTD Return | 2.69% |
| 1-Year Return | 12.62% |
| 5-Year Return | 20.47% |
| 52-Week Low | 10.26 |
| 52-Week High | 12.20 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Oct 31, 2005 |
About ALAAX
The Invesco Income Allocation Fund Class A is a mutual fund designed to provide investors with a **high level of current income**, with a secondary objective of capital growth. As a fund-of-funds, it strategically allocates its portfolio across a selection of other Invesco-managed mutual funds and ETFs, broadly covering both **fixed income and equity assets**. Typically, the fund targets around 60–70% of its assets in underlying bond funds and 30–40% in equity-focused funds, including exposure to U.S. and international stocks as well as real estate investment trusts (REITs). This moderately conservative allocation aims to deliver a stable income stream while seeking to preserve capital through diversified holdings. The fund prioritizes risk-adjusted yield, striving to maximize income per unit of risk by leveraging the research and asset allocation expertise of Invesco’s investment team. Key features include monthly distributions, an expense ratio that reflects underlying fund costs, and a focus on broad geographic and sector diversification. With a history dating back to 2005, the fund plays a notable role for investors seeking income and balanced exposure across multiple asset classes within a single, actively managed solution.
Performance
ALAAX had a total return of 12.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.25%.
Top 10 Holdings
87.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco Core Bond Fund Class R6 | OPBIX | 24.70% |
| Invesco Core Plus Bond Fund Class R6 | CPBFX | 23.77% |
| Invesco MSCI USA ETF | PBUS | 6.69% |
| Invesco Variable Rate Investment Grade ETF | VRIG | 5.83% |
| Invesco RAFI Developed Markets ex-U.S. ETF | PXF | 5.62% |
| Invesco S&P 500 Equal Weight Income Advantage ETF | RSPA | 4.97% |
| Invesco QQQ Income Advantage ETF | QQA | 4.87% |
| Invesco S&P 500 Pure Value ETF | RPV | 4.29% |
| Invesco Dividend Income Fund Class R6 | IFUTX | 4.05% |
| Invesco International Bond Fund Class R6 | OIBIX | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 15, 2026 | $0.0397 | Jan 15, 2026 |
| Dec 18, 2025 | $0.0396 | Dec 18, 2025 |
| Nov 20, 2025 | $0.0397 | Nov 20, 2025 |
| Oct 16, 2025 | $0.0396 | Oct 16, 2025 |
| Sep 25, 2025 | $0.0397 | Sep 25, 2025 |
| Aug 21, 2025 | $0.0398 | Aug 21, 2025 |