AllianzGI Retirement 2040 R
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-16.4%
1 yr return
-20.5%
3 Yr Avg Return
-10.0%
5 Yr Avg Return
-2.8%
Net Assets
$24.6 M
Holdings in Top 10
74.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 40.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AVSRX - Profile
Distributions
- YTD Total Return -16.4%
- 3 Yr Annualized Total Return -5.7%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.80%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAllianzGI Retirement 2040 Fund
-
Fund Family NameAllianz Funds
-
Inception DateDec 29, 2008
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Pietranico
Fund Description
AVSRX - Performance
Return Ranking - Trailing
Period | AVSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.4% | -26.1% | 9.5% | 96.29% |
1 Yr | -20.5% | -34.2% | 10.5% | 95.97% |
3 Yr | -10.0%* | -14.6% | 6.1% | 95.17% |
5 Yr | -2.8%* | -7.0% | 7.1% | 94.26% |
10 Yr | -2.2%* | -4.0% | 6.6% | 93.85% |
* Annualized
Return Ranking - Calendar
Period | AVSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -2.4% | 20.5% | 79.05% |
2022 | -18.5% | -18.9% | -3.6% | 98.33% |
2021 | 14.2% | -12.3% | 18.2% | 13.44% |
2020 | 3.8% | -4.2% | 6.9% | 44.06% |
2019 | -4.6% | -13.0% | -0.3% | 41.72% |
Total Return Ranking - Trailing
Period | AVSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -16.4% | -26.1% | 9.5% | 96.29% |
1 Yr | -20.5% | -34.2% | 10.5% | 95.97% |
3 Yr | -5.7%* | -13.5% | 7.1% | 95.17% |
5 Yr | 1.2%* | -4.8% | 9.4% | 84.54% |
10 Yr | 3.0%* | -1.3% | 9.5% | 65.16% |
* Annualized
Total Return Ranking - Calendar
Period | AVSRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -2.4% | 20.5% | 79.93% |
2022 | -11.1% | -18.8% | -0.9% | 91.42% |
2021 | 20.5% | -12.3% | 22.9% | 3.52% |
2020 | 7.8% | 0.2% | 9.2% | 10.27% |
2019 | -2.3% | -9.4% | 0.7% | 54.14% |
AVSRX - Holdings
Concentration Analysis
AVSRX | Category Low | Category High | AVSRX % Rank | |
---|---|---|---|---|
Net Assets | 24.6 M | 119 K | 47.4 B | 72.46% |
Number of Holdings | 19 | 1 | 738 | 48.03% |
Net Assets in Top 10 | 23 M | 97.6 K | 46.2 B | 71.81% |
Weighting of Top 10 | 74.41% | 32.6% | 100.0% | 75.30% |
Top 10 Holdings
- AllianzGI Global Dynamic Allocation R6 26.98%
- Future on S&P 500 PR Sep20 18.50%
- Allianzgi Instl Multi-Ser Tr 8.00%
- AllianzGI Best Styles Global Eq R6 4.72%
- AllianzGI Best Styles US Equity R6 4.00%
- AllianzGI Best Styles Glbl Mgd Vol 3.94%
- Future on MSCI EAFE Sep20 3.23%
- AllianzGI Mid-Cap Institutional 1.73%
- AllianzGI Focused Growth R6 1.71%
- AllianzGI Small-Cap R6 1.60%
Asset Allocation
Weighting | Return Low | Return High | AVSRX % Rank | |
---|---|---|---|---|
Stocks | 53.00% | 0.00% | 79.92% | 21.26% |
Cash | 25.19% | -21.05% | 112.41% | 4.72% |
Other | 11.68% | -0.44% | 100.00% | 6.77% |
Bonds | 9.83% | -40.53% | 77.46% | 96.54% |
Convertible Bonds | 0.19% | 0.00% | 1.81% | 79.84% |
Preferred Stocks | 0.11% | 0.00% | 7.51% | 49.13% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AVSRX % Rank | |
---|---|---|---|---|
Technology | 20.79% | 1.82% | 26.22% | 10.33% |
Healthcare | 15.17% | 1.66% | 18.24% | 33.23% |
Financial Services | 13.48% | 3.32% | 19.78% | 62.16% |
Consumer Cyclical | 10.95% | 1.88% | 12.97% | 35.61% |
Industrials | 9.68% | 1.63% | 15.38% | 57.55% |
Communication Services | 9.39% | 0.21% | 10.66% | 24.32% |
Consumer Defense | 8.07% | 1.02% | 22.06% | 40.86% |
Utilities | 4.48% | 0.00% | 8.63% | 24.48% |
Real Estate | 2.98% | 0.43% | 31.58% | 72.50% |
Basic Materials | 2.78% | 0.76% | 10.20% | 90.14% |
Energy | 2.23% | 0.59% | 19.85% | 88.39% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AVSRX % Rank | |
---|---|---|---|---|
US | 41.89% | 0.00% | 64.60% | 15.12% |
Non US | 11.11% | 0.00% | 34.42% | 68.98% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AVSRX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 64.50% | 0.99% | 112.41% | 1.27% |
Corporate | 15.48% | 0.00% | 51.19% | 80.29% |
Government | 11.11% | 0.00% | 98.99% | 98.25% |
Derivative | 8.91% | -82.56% | 20.64% | 9.06% |
Securitized | 0.00% | 0.00% | 41.85% | 91.73% |
Municipal | 0.00% | 0.00% | 11.52% | 86.65% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AVSRX % Rank | |
---|---|---|---|---|
US | 9.30% | -52.61% | 74.70% | 93.54% |
Non US | 0.53% | -6.29% | 45.47% | 94.49% |
AVSRX - Expenses
Operational Fees
AVSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.00% | 24.81% | 32.46% |
Management Fee | 0.05% | 0.00% | 0.77% | 47.15% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 55.11% |
Administrative Fee | 0.30% | 0.01% | 0.30% | 85.29% |
Sales Fees
AVSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AVSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AVSRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 0.00% | 277.00% | 67.17% |
AVSRX - Distributions
Dividend Yield Analysis
AVSRX | Category Low | Category High | AVSRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.56% | 27.39% |
Dividend Distribution Analysis
AVSRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
AVSRX | Category Low | Category High | AVSRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.80% | 0.48% | 6.21% | 76.17% |
Capital Gain Distribution Analysis
AVSRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2018 | $0.461 | |
Dec 28, 2017 | $1.040 | |
Dec 29, 2016 | $0.402 | |
Dec 29, 2015 | $0.382 | |
Dec 29, 2014 | $0.750 | |
Dec 27, 2013 | $0.402 | |
Dec 27, 2012 | $0.516 | |
Dec 30, 2009 | $0.526 |
AVSRX - Fund Manager Analysis
Managers
Paul Pietranico
Start Date
Tenure
Tenure Rank
Dec 29, 2008
11.68
11.7%
Mr. Pietranico is a portfolio manager and a director with Allianz Global Investors, which he joined in 2005. As a member of the Multi Asset US team, he is a portfolio manager for the target-date portfolios, as well as for other asset-allocation portfolios, including 529 college-savings plans. Mr. Pietranico previously worked at Charles Schwab & Co., focusing on research related to portfolio simulation, optimization and construction; asset allocation; retirement planning; and investment-manager due diligence. Mr. Pietranico has a B.S. in physics, an M.A. in philosophy of science, and an M.S. in engineering economic systems and operations research from Stanford University. He is a CFA charterholder.
Claudio Marsala
Start Date
Tenure
Tenure Rank
Jan 01, 2015
5.67
5.7%
Claudio Marsala is a portfolio manager and director with Allianz Global Investors, which he joined in 2001. As the head of the Multi Asset Total Return and Alternatives team, he manages multi asset mandates for retail and institutional clients. Mr. Marsala previously led the quantitative efforts of the firm’s Multi Asset team in Italy, focusing on systematic multi-asset products; before that, he worked in risk management. He has a laurea degree in economics and financial markets from the University of Pisa in Italy, and a master’s degree in quantitative finance from the University of Turin.
Alistair Bates
Start Date
Tenure
Tenure Rank
Oct 01, 2016
3.92
3.9%
Mr. Bates is a portfolio manager and a vice president with Allianz Global Investors, which he joined in 2007. As a member of the Multi Asset US team, he manages multi-asset mandates for retail and institutional clients. Mr. Bates was previously an analyst with the team, responsible for underlying fund due diligence, and maintaining and developing the investment risk tools for the target-date and 529 college savings portfolios. He has 11 years of investment-industry experience. Mr. Bates has a degree in economics and political science from the University of California, San Diego. Mr. Bates is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 17.93 | 5.05 | 0.67 |