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Multi-Asset High Income Portfolio 2020-4 an Allocation Unit Trust

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Multi-Asset High Income Portfolio 2020-4 an Allocation Unit Trust Invesco Unit Trusts Multi-Asset High Income Portfolio 2020-4 An allocation unit trust Trust specifi cs Objective Deposit information The Portfolio seeks to provide current income and the potential for capital appreciation. The Portfolio seeks to Public offering price per unit1 $10.00 achieve its objective by investing in an income-oriented portfolio consisting of common stocks, real estate 2 investment trusts (“REITs”), preferred securities, master limited partnerships (“MLPs”), and common stocks of Minimum investment ($250 for IRAs) $1,000.00 closed-end investment companies (known as “closed-end funds”). Deposit date 11/18/20 Termination date 02/22/22 Portfolio composition (As of the business day before deposit date) Distribution dates 25th day of December 2020 DIVIDEND-PAYING EQUITIES REAL ESTATE INVESTMENT TRUSTS and each month thereafter Communication Services Mortgage REITs Record dates 10th day of December 2020 Comcast Corporation - CL A CMCSA AGNC Investment Corporation AGNC and each month thereafter Interpublic Group of Companies, Inc. IPG Blackstone Mortgage Trust, Inc. - CL A BXMT Term of trust 15 months Verizon Communications, Inc. VZ Starwood Property Trust, Inc. STWD NASDAQ symbol IMAAAX Consumer Discretionary REITs Historical 12 month distributions† $0.59185 Home Depot, Inc. HD Crown Castle International Corporation CCI MHIT204 Sales charge and CUSIPs McDonald’s Corporation MCD Digital Realty Trust, Inc. DLR Target Corporation TGT Gaming and Leisure Properties, Inc. GLPI Brokerage Healthpeak Properties, Inc. PEAK 3 Consumer Staples Sales charge Coca-Cola Company KO Omega Healthcare Investors, Inc. OHI Deferred sales charge 1.35% Public Storage PSA Energy UDR, Inc. UDR Creation and development fee 0.50% ConocoPhillips COP CLOSED-END FUNDS Total sales charge 1.85% Financials Last deferred sales charge payment date 08/10/21 BlackRock, Inc. BLK Covered Call CUSIPs JPMorgan Chase & Company JPM Columbia Seligman Premium Technology Growth Fund, Inc. STK Cash 46148F-62-3 Health Care Eaton Vance Enhanced Equity Income Fund II EOS Reinvest 46148F-63-1 AbbVie, Inc. Eaton Vance Tax-Managed Global Diversifi ed Equity CVS Health Corporation CVS Historical 12 month distribution rate† 5.91% Income Fund EXG Pfi zer, Inc. PFE First Trust Enhanced Equity Income Fund FFA Fee-based Industrials Emerging Market Equity Sales charge3 Emerson Electric Company EMR Templeton Emerging Markets Fund EMF Fee-based sales charge 0.50% General Dynamics Corporation GD Global Equity CUSIPs Information Technology Aberdeen Total Dynamic Dividend Fund AOD Broadcom, Inc. AVGO Fee-based cash 46148F-64-9 Sector Equity Cisco Systems, Inc. CSCO Fee-based reinvest 46148F-65-6 BlackRock Health Sciences Trust BME QUALCOMM, Inc. QCOM Historical 12 month distribution BlackRock Science & Technology Trust II BSTZ † Utilities - rate (fee-based) 6.00% U.S. Allocation NextEra Energy, Inc. NEE Investors in fee-based accounts will not be assessed the AllianzGI Equity & Convertible Income Fund NIE deferred sales charge for eligible fee-based purchases and Xcel Energy, Inc. XEL U.S. Equity must purchase units with a Fee-based CUSIP. MASTER LIMITED PARTNERSHIPS AND Liberty All-Star Equity Fund USA † The historical 12 month distributions per unit and each MIDSTREAM-OIL & GAS historical 12 month distribution rate of the securities Enbridge, Inc. ENB PREFERRED SECURITIES included in the trust are for illustrative purposes only Energy Transfer, L.P. ET American International Group, Inc. - Series A AIG a and are not indicative of the trust’s actual distributions Enterprise Products Partners, L.P. EPD Bank of America Corporation - Series HH BAC k or distribution rate. The historical 12 month distributions Equitrans Midstream Corporation ETRN Citigroup, Inc. - Series K C k per unit amount is based upon the weighted average Kinder Morgan, Inc. KMI Fifth Third Bancorp - Series I FITBI of the actual distributions paid by the securities Goldman Sachs Group. Inc. - Series K GS k included in the trust over the 12 months preceding Magellan Midstream Partners, L.P. MMP the trust’s deposit date, and is reduced to account for MPLX, L.P. MPLX JPMorgan Chase & Company - Series EE JPM c the effects of fees and expenses which will be incurred Plains All American Pipeline, L.P. PAA Morgan Stanley - Series F MS f when investing in a trust. Each historical 12 month State Street Corporation - Series D STT d distribution rate is calculated by dividing the historical Stifel Financial Corporation - Series C SF c 12 month distributions amount by the trust’s initial $10 Wells Fargo & Company - Series Q WFC q public offering price per unit. There is no guarantee the issuers of the securities included in the trust will The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or declare dividends or distributions in the future. Due to sell the individual securities shown above. the negative economic impact across many industries caused by the recent COVID-19 outbreak, certain issuers Portfolio diversifi cation of the securities included in the trust may elect to reduce (As of the business day before deposit) the amount of, or cancel entirely, dividends and/or Master Limited Partnerships and Real Estate Investment Trusts 19.98% distributions paid in the future. As a result, the historical Midstream-oil & Gas 20.19% 12 month distributions per unit and each historical 12 REITs 13.98% month distribution rate will likely be higher, and in some Closed-end Funds 20.09% Mortgage REITs 6.00% cases signifi cantly higher, than the actual distribution Covered Call 8.05% Dividend-Paying Equities 19.75% rate achieved by the trust. The distributions paid by the Sector Equity 4.02% trust, as well as the corresponding rates, may be higher Communication Services 3.01% or lower than the fi gures shown due to certain factors U.S. Allocation 2.01% Health Care 2.99% that may include, but are not limited to, a change in U.S. Equity 2.01% Consumer Discretionary 2.91% the dividends or distributions paid by issuers, actual Emerging Market Equity 2.00% expenses incurred, currency fl uctuations, the sale of Information Technology 2.91% trust securities to pay any deferred sales charges, trust Global Equity 2.00% Financials 1.99% fees and expenses, variations in the trust’s per unit price, Preferred Securities 19.99% Industrials 1.98% or with the call, maturity or the sale of securities in the trust. Distributions made by certain securities in the trust Utilities 1.98% may include non-ordinary income. Consumer Staples 0.99% See page 2 for the footnotes on trust specifi cs. Energy 0.99% Not a Deposit Not FDIC Insured Not Guaranteed by the Bank May Lose Value Not Insured by any Federal Government Agency About risk There is no assurance that the Portfolio will achieve its investment objective. The Portfolio is subject to market risk, which is the possibility that the market values of securities owned by the Portfolio will decline and that the value of Portfolio units may therefore be less than what you paid for them. Recently, an outbreak of a respiratory disease caused by a novel coronavirus, COVID-19, has spread globally in a short period of time, resulting in the disruption of, and delays in, production and supply chains and the delivery of healthcare services and processes, as well as the cancellation of organized events and educational institutions, quarantines, a decline in consumer demand for certain goods and services, and general concern and uncertainty. COVID-19 and its effects have contributed to increased volatility in global markets, severe losses, liquidity constraints, and lowered yields. The duration of such effects cannot yet be determined but could be present for an extended period of time and may adversely affect the value of your Units. This trust is unmanaged and its portfolio is not intended to change during the trust’s life except in limited circumstances. Accordingly, you can lose money investing in this trust. The trust should be considered as part of a long-term investment strategy and you should consider your ability to pursue it by investing in successive trusts, if available. You will realize tax consequences associated with investing from one series to the next. You could experience dilution of your investment if the size of the Portfolio is increased as Units are sold. There is no assurance that your investment will maintain its proportionate share in the Portfolio’s profits and losses. The Portfolio invests significantly in stocks of large cap companies. Large cap companies are more mature and may grow more slowly than the economy as a whole and tend to go in and out of favor based on market and economic conditions. Certain securities in the Portfolio, as well as certain of the securities held by the underlying funds in the Portfolio, may be rated below investment grade and considered to be “junk” or “high-yield” securities. Securities rated below “BBB-” by Standard & Poor’s or Fitch Ratings or below “Baa3” by Moody’s are considered to be below investment grade. These securities are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade securities. In addition, these securities may be more sensitive to interest rate changes and may be more likely to make early returns of principal. A security issuer may be unable to issue distributions, or to make payments of interest, dividends or principal in the future. This may reduce the level of income certain of the Portfolio’s securities pay which would reduce your income and may cause the value of your Units to fall. The financial condition of a security issuer may worsen or its credit ratings may drop, resulting in a reduction in the value of your Units.
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