Summary

• Invesco Multi-Asset Income Fund's Class A shares at net asset value (NAV) declined for the quarter but outperformed its balanced benchmark.
• The fund's strategic equity income exposures declined overall as global equities sold off but benefited from the team's defensive implementation relative to the broad market exposures.
• The fund's fixed income exposures dragged on results, with bond returns generally negative across the board.

Key takeaways

1 More defensive equity exposure helped mitigate downside impact

The fund's strategic equity income exposures declined overall as global equities sold off but benefited from the team's defensive implementation relative to the