UEIIX — Invesco V.I. Equity and Income Fund
Data updated: 2026-08-25
UEIIX — Invesco V.I. Equity and Income Fund. Balanced Allocation · $1.41B AUM · 0.82% expense ratio. Holdings, fees, performance and SEC filings.
UEIIX Fund Overview
UEIIX — Invesco V.I. Equity and Income Fund is a US mutual fund managed by AIM Variable Insurance Funds (Invesco Variable Insurance Funds), categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
- Category: Balanced Allocation
- Assets under management: $1.41B
- 1-year return: 14.3%
- Ticker: UEIIX
- SEC CIK: 0000896435
- SEC series ID: S000027873
- Share class ID: C000084644
UEIIX Investment Objective and Strategy
Invesco V.I. Equity and Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AIM Variable Insurance Funds (Invesco Variable Insurance Funds).
Investment objective
The Fund's investment objectives are both capital appreciation and current income.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity and income securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund may invest in securities of issuers of all capitalization sizes; however, under normal market conditions, it is currently expected that the Fund will invest a substantial percentage of its assets in large-capitalization issuers. The Fund invests, under normal circumstances, a majority of its net assets in income-producing equity investments, including, dividend paying common or preferred stocks, interest paying convertible debentures or bonds, or zero coupon convertible securities (on which the Fund accrues income for tax and accounting purposes, but receives no cash).
The Fund may invest in income-producing equity instruments, debt securities and warrants or rights to acquire such securities, in such proportions as economic conditions indicate would best accomplish the Funds objectives. It is the current operating policy of the Fund to invest in debt securities rated investment grade at the time of purchase. This operating policy does not apply to convertible securities, which are selected primarily on the basis of their equity characteristics. The Fund also invests in U.S. government obligations, including Treasury bills and notes, and obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities. The Fund may invest up to 15% of its net assets in real estate investment trusts (REITs). The Fund may invest up to 25% of its net assets in securities of foreign issuers, which may include depositary receipts.
The Fund can invest in derivative instruments including forward foreign currency contracts, futures contracts and options. The Fund can use forward foreign currency contracts to seek to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated. The Fund can use futures contracts to seek exposure to certain asset classes, to seek to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated and to manage duration. The Fund can use options to seek investment return or to seek to mitigate risk and to seek to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated. In selecting securities, the portfolio managers focus on a securitys potential for income with safety of principal and long-term growth of capital.
The portfolio managers emphasize a value style of investing, which focuses on undervalued companies with characteristics for improved valuations. The portfolio managers look for catalysts for change that may positively impact a company. This catalyst could come from within the company in the form of new management, operational enhancements, restructuring or reorganization. It could also be an external factor, such as an improvement in industry conditions or a regulatory change. The aim is to uncover these catalysts for change, and then benefit from potential stock price appreciation of the change taking place at the company. The Fund may dispose of a security when, in the opinion of the portfolio managers, the security reaches the portfolio managers estimate of its value or when the portfolio managers identify a more attractive investment opportunity.
In attempting to meet its investment objective or to manage subscription and redemption requests, the Fund may engage in active and frequent trading of portfolio securities.
UEIIX Holdings
Top 10 holdings of Invesco V.I. Equity and Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Invesco Treasury Portfolio | 2.55% |
| Amazon.com, Inc. | 2.10% |
| Alphabet Inc. | 2.06% |
| Wells Fargo & Co. | 2.02% |
| U.S. Treasury Notes/Bonds | 1.95% |
| Invesco Private Prime Fund | 1.91% |
| Bank of America Corp. | 1.88% |
| Philip Morris International Inc. | 1.76% |
| Microsoft Corp. | 1.71% |
| Johnson Controls International PLC | 1.58% |
UEIIX Portfolio Allocation
Asset-class allocation of Invesco V.I. Equity and Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 64.5% |
| Fixed Income | 30.6% |
| Cash & Equivalents | 6.6% |
| Securitized | 0.7% |
UEIIX Performance
Total returns for UEIIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.6% |
| 1 year | 14.3% |
| 3 years (annualised) | 12.6% |
| 5 years (annualised) | 7.4% |
UEIIX Risk Information
Risk metrics for UEIIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.8%
UEIIX Costs and Fees
UEIIX costs about $82 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.82%
- Gross expense ratio: 0.82%
- Portfolio turnover: 112%
- Brokerage commissions: 1.67 bps of average net assets (SEC N-CEN)
UEIIX Cashflows
Over the 12 months to 2026-06, Invesco V.I. Equity and Income Fund had net outflows of $61.51M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$11.22M |
| 2026-05 | −$22.97M |
| 2026-04 | −$18.09M |
| 2026-03 | −$12.95M |
| 2026-02 | −$14.59M |
| 2026-01 | −$13.78M |
UEIIX Debt Constituents
Largest debt holdings of Invesco V.I. Equity and Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| U.S. Treasury Notes/Bonds | 1.95% |
| U.S. Treasury Notes/Bonds | 1.32% |
| U.S. Treasury Notes/Bonds | 1.25% |
| U.S. Treasury Notes/Bonds | 1.10% |
| GS Finance Corp. | 0.86% |
| Microchip Technology Inc. | 0.86% |
| U.S. Treasury Notes/Bonds | 0.69% |
| U.S. Treasury Notes/Bonds | 0.59% |
| GS Finance Corp. | 0.53% |
| CenterPoint Energy, Inc. | 0.53% |
UEIIX Prospectus and SEC Filings
Official Invesco V.I. Equity and Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Balanced Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.