Invesco Multi-Asset Income A (PIAFX)
| Fund Assets | 897.20M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | 162.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 5.38% |
| Dividend Growth | -9.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 21, 2025 |
| Previous Close | 8.11 |
| YTD Return | 7.53% |
| 1-Year Return | 6.79% |
| 5-Year Return | 16.26% |
| 52-Week Low | 7.33 |
| 52-Week High | 8.11 |
| Beta (5Y) | 0.46 |
| Holdings | 649 |
| Inception Date | Dec 14, 2011 |
About PIAFX
The Invesco Multi-Asset Income Fund Class A is an actively managed mutual fund designed to deliver a reliable and attractive income stream by investing across a wide array of income-generating asset classes. Its primary objective is to provide current income, utilizing a diversified portfolio that includes equity income, high yield bonds, investment-grade bonds, U.S. Treasuries, and emerging market debt. The fund stands out by tactically reallocating its holdings on a monthly basis, which allows it to remain adaptive to changing market conditions and maintain a balanced risk profile. Notably, it seeks a yield 2–3% above the U.S. 10-year Treasury bond and commonly distributes income monthly. Managed by Invesco’s Global Asset Allocation team, the fund integrates both strategic and tactical allocations—including the use of exchange-traded funds and derivatives—to align with near-term market environments. It is structured within the moderately conservative allocation category, emphasizing income diversification and preservation of capital, while striving for total returns that exceed the income yield to support long-term purchasing power. The fund plays a significant role for investors seeking diversified income exposure without concentrating in a single sector or asset class.
Performance
PIAFX had a total return of 6.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
80.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco S&P 500 Equal Weight Income Advantage ETF | RSPA | 26.45% |
| United States Treasury Bonds 4.625% | T.4.625 02.15.55 | 12.84% |
| Invesco QQQ Income Advantage ETF | QQA | 12.01% |
| Invesco MSCI EAFE Income Advantage ETF | EFAA | 9.33% |
| 5 Year Treasury Note Future Sept 25 | n/a | 4.03% |
| Usd/Eur Cfwd20251031 | n/a | 3.97% |
| Invesco High Yield Bond Factor ETF | IHYF | 3.91% |
| United States Treasury Notes 2.875% | T.2.875 05.15.28 | 2.62% |
| United States Treasury Notes 4.625% | T.4.625 04.30.29 | 2.61% |
| United States Treasury Notes 4.5% | T.4.5 04.15.27 | 2.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 21, 2025 | $0.0402 | Aug 21, 2025 |
| Jul 17, 2025 | $0.0402 | Jul 17, 2025 |
| Jun 26, 2025 | $0.0401 | Jun 26, 2025 |
| May 15, 2025 | $0.0385 | May 15, 2025 |
| Apr 17, 2025 | $0.0386 | Apr 17, 2025 |
| Mar 27, 2025 | $0.0385 | Mar 27, 2025 |