Invesco Income Allocation Fund Q4 2025 Commentary

Invesco US3.32K FollowersFollow5ShareSavePlay(8min)CommentsSummaryAll underlying fund holdings added to absolute return.Within equities, developed ex-US and US value equities posted the largest absolute returns.Manager selection effects were beneficial in equity and fixed income asset classes, with positive contributions from US growth income-oriented equities, US mid-cap value equities and international fixed income.The fund's exposure to US income-producing equity funds was the primary detractor from relative return in terms of equity style selection effects. Kaewta Suphan/iStock via Getty Images Manager perspective and outlook Global economic growth held up in the fourth quarter, and most securities markets ended higher despite volatility. Risk assets rallied early but stalled in November amid apparent uncertainty about US Federal Reserve (Fed) policy This article was written byInvesco US3.32K FollowersFollowInvesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor. Invesco does not provide tax advice. The tax information contained herein is general and is not exhaustive by nature. Federal and state tax laws are complex and constantly changing. Investors should always consult their own legal or tax professional for information concerning their individual situation. The opinions expressed are those of the authors, are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals. NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE All data provided by Invesco unless otherwise noted. Invesco Distributors, Inc. is the US distributor for Invesco Ltd.’s retail products and collective trust funds. Invesco Advisers, Inc. and other affiliated investment advisers mentioned provide investment advisory services and do not sell securities.

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