Invesco Multi-Asset Income Fund Class A (PIAFX)
| Fund Assets | 889.84M |
| Expense Ratio | 0.94% |
| Min. Investment | $10,000,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 5.83% |
| Dividend Growth | 10.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 8.24 |
| YTD Return | 4.53% |
| 1-Year Return | 10.53% |
| 5-Year Return | 14.38% |
| 52-Week Low | 7.79 |
| 52-Week High | 8.31 |
| Beta (5Y) | 0.46 |
| Holdings | 400 |
| Inception Date | n/a |
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 10.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.46%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
85.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco S&P 500 Equal Weight Income Advantage ETF | RSPA | 22.72% |
| Invesco Core Fixed Income ETF | GTOC | 17.81% |
| Invesco High Yield Systematic Bond ETF | GTOQ | 13.91% |
| Invesco QQQ Income Advantage ETF | QQA | 12.02% |
| Invesco MSCI EAFE Income Advantage ETF | EFAA | 9.26% |
| Long Gilt Future Sept 26 | n/a | 2.52% |
| United States Treasury Notes 3.875% | T.3.875 09.30.32 | 2.39% |
| MSCI Emerging Markets Index Future June 26 | n/a | 1.99% |
| United States Treasury Notes 4.25% | T.4.25 08.15.35 | 1.78% |
| FTSE 100 Index Future June26 | n/a | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.0437 | Jun 25, 2026 |
| May 21, 2026 | $0.0437 | May 21, 2026 |
| Apr 16, 2026 | $0.0436 | Apr 16, 2026 |
| Mar 26, 2026 | $0.0434 | Mar 26, 2026 |
| Feb 19, 2026 | $0.0434 | Feb 19, 2026 |
| Jan 15, 2026 | $0.0433 | Jan 15, 2026 |