PICFX Fees and Costs — Invesco Multi-Asset Income Fund, Class C
Data updated: 2026-09-29
The net expense ratio is 1.71% (1.75% before fee waivers). This share class carries a deferred sales charge of up to 1.00%. Portfolio turnover was 75%.
PICFX Fees and Expenses
Annual operating expenses and sales charges of PICFX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.18% |
| Gross expense ratio | 1.75% |
| Fee waiver | −0.04% |
| Net expense ratio | 1.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PICFX Costs Over Time
On $10,000 invested in PICFX, assuming 5% a year before costs, total costs come to $1,055 over 5 years, cutting the return by 1.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.71%) | $180 | $556 | $957 |
| Lost growth on money paid in costs | $0 | $28 | $97 |
| Total costs | $283 | $584 | $1,055 |
| Value after costs | $10,217 | $10,992 | $11,708 |
| Impact on return, per year | 2.83% | 1.80% | 1.80% |
PICFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 75%
- Securities on loan, average value: $47.1M
- Net income from securities lending: $512K (0.056% of average net assets)
PICFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $538.0M | 35.97% |
| BOFA SECURITIES, INC. | $357.2M | 23.88% |
| MORGAN STANLEY & CO. LLC | $195.3M | 13.06% |
| WELLS FARGO SECURITIES, LLC | $91.4M | 6.11% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $70.5M | 4.72% |
| GOLDMAN, SACHS & CO. | $67.9M | 4.54% |
| DEUTSCHE BANK SECURITIES INC. | $53.3M | 3.57% |
| SCOTIA CAPITAL (USA) INC. | $51.3M | 3.43% |
| CITADEL SECURITIES LLC | $42.6M | 2.85% |
| JANE STREET EXECUTION SERVICES, LLC | $28.1M | 1.88% |
Invesco Multi-Asset Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IPNFX | Class R5 | 0.61% | none |
| PIFFX | Class R6 | 0.61% | none |
| PIYFX | Class Y | 0.71% | none |
| PIAFX | Class A | 0.94% | 5.50% |
| PIRFX | Class R | 1.21% | none |
| PICFX | Class C | 1.71% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.