SLESX

About SLESX

Invesco Income Advantage U.S. Fund R6 is an actively managed mutual fund focused on generating high, consistent monthly income while pursuing long-term capital growth. It invests primarily in U.S. large-cap equities and uses an equity-linked notes and defensive option income overlay to seek index-like market participation with reduced volatility and partial downside protection during broad equity market declines. The portfolio emphasizes diversified exposure across leading U.S. companies, with notable weights historically in technology and communication services, including positions in Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta Platforms, alongside holdings in financials and industrials. The fund’s structure seeks to deliver income levels that are higher than standard equity indexes and differentiated from traditional bond income, aiming for a smoother return profile without concentrated bets relative to its equity benchmark. As an R6 share class, it is designed for institutional platforms with a lower expense profile compared with retail share classes, supporting cost-efficient access to the strategy. The fund was renamed and repositioned in 2021 to its current income-advantage mandate and factor-based equity approach.