diff --git a/com.unity.render-pipelines.high-definition/CHANGELOG.md b/com.unity.render-pipelines.high-definition/CHANGELOG.md
index 0453efa69d3..38c82bb87ba 100644
--- a/com.unity.render-pipelines.high-definition/CHANGELOG.md
+++ b/com.unity.render-pipelines.high-definition/CHANGELOG.md
@@ -110,6 +110,7 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 - Fixed the dependecy of FrameSettings (MSAA, ClearGBuffer, DepthPrepassWithDeferred) (case 1277620).
 - Fixed the usage of GUIEnable for volume components (case 1280018).
 - Fixed the diffusion profile becoming invalid when hitting the reset (case 1269462).
+- Fixed issue with MSAA resolve killing the alpha channel.
 
 ### Changed
 - Preparation pass for RTSSShadows to be supported by render graph.
diff --git a/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/RenderPass/MSAA/ColorResolve.shader b/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/RenderPass/MSAA/ColorResolve.shader
index 60a8cb67b03..3572c956516 100644
--- a/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/RenderPass/MSAA/ColorResolve.shader
+++ b/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/RenderPass/MSAA/ColorResolve.shader
@@ -60,12 +60,13 @@ Shader "Hidden/HDRP/ColorResolve"
             for (int i = 0; i < sampleCount; ++i)
             {
                 float4 currSample = (LoadColorTextureMS(pixelCoords, i));
-                finalVal += currSample * ResolveWeight(currSample, sampleCount);
+                finalVal.rgb += currSample.rgb * ResolveWeight(currSample, sampleCount);
+                finalVal.a += currSample.a * rcp(sampleCount);
             }
 
             finalVal.xyz *= InverseToneMapWeight(finalVal);
 
-            return float4(finalVal.rgb, 1.0f);
+            return finalVal;
         }
 
         float4 Frag1X(Varyings input) : SV_Target