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Trending ETFs

Name

As of 05/21/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.36

$69.9 M

4.49%

$0.39

1.52%

Vitals

YTD Return

-0.1%

1 yr return

16.0%

3 Yr Avg Return

4.6%

5 Yr Avg Return

5.1%

Net Assets

$69.9 M

Holdings in Top 10

18.9%

52 WEEK LOW AND HIGH

$8.4
$7.77
$8.47

Expenses

OPERATING FEES

Expense Ratio 1.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 143.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.36

$69.9 M

4.49%

$0.39

1.52%

AYBRX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.57%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Virtus AllianzGI High Yield Bond Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Apr 12, 2010
  • Shares Outstanding
    26553
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Forsyth

Fund Description


AYBRX - Performance

Return Ranking - Trailing

Period AYBRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -20.1% 12.8% 71.97%
1 Yr 16.0% 0.0% 54.9% 78.13%
3 Yr 4.6%* -12.0% 10.5% 84.74%
5 Yr 5.1%* -5.5% 11.2% 88.25%
10 Yr 4.2%* 1.3% 9.5% 93.04%

* Annualized

Return Ranking - Calendar

Period AYBRX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.3% -46.8% 399.1% 83.03%
2022 7.8% -10.3% 226.1% 49.78%
2021 -10.2% -18.4% -0.4% 89.45%
2020 0.1% -9.5% 18.8% 83.44%
2019 6.8% -9.1% 28.6% 64.22%

Total Return Ranking - Trailing

Period AYBRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -20.1% 12.8% 72.24%
1 Yr 16.0% 0.0% 54.9% 70.03%
3 Yr 4.6%* -12.0% 10.5% 76.97%
5 Yr 5.1%* -5.5% 11.2% 84.04%
10 Yr 4.2%* 1.3% 9.5% 92.25%

* Annualized

Total Return Ranking - Calendar

Period AYBRX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.3% -46.8% 399.1% 83.03%
2022 8.7% -3.8% 23.9% 34.73%
2021 -5.6% -18.4% 1.3% 26.30%
2020 5.3% -8.5% 18.8% 19.40%
2019 13.4% -9.1% 39.0% 10.38%

NAV & Total Return History


AYBRX - Holdings

Concentration Analysis

AYBRX Category Low Category High AYBRX % Rank
Net Assets 69.9 M 3.67 M 29 B 85.71%
Number of Holdings 159 3 2442 83.11%
Net Assets in Top 10 12.5 M -493 M 3.93 B 80.83%
Weighting of Top 10 18.89% 2.6% 100.0% 22.96%

Top 10 Holdings

  1. Reorganized 16-10238 Holdco Pfd 0% 8.68%
  2. The Goodyear Tire & Rubber Company 8.75% 2.95%
  3. Community Choice Financial Issuer, LLC 9% 2.75%
  4. Ally Financial Inc. 7.5% 2.42%
  5. Tenet Healthcare Corporation 6.25% 1.38%
  6. OneMain Financial Corporation 6.62% 1.36%
  7. Ford Motor Company 9% 1.34%
  8. AMC Entertainment Holdings Inc 10.5% 1.33%
  9. TransDigm, Inc. 6.5% 1.28%
  10. Bausch Health Companies Inc 8.5% 1.23%

Asset Allocation

Weighting Return Low Return High AYBRX % Rank
Bonds
90.01% 3.38% 146.82% 78.82%
Preferred Stocks
9.30% 0.00% 22.05% 0.54%
Stocks
0.97% -10.91% 32.07% 31.90%
Convertible Bonds
0.84% 0.00% 21.16% 81.37%
Other
0.00% -49.68% 30.15% 76.68%
Cash
-1.12% -44.84% 61.87% 94.10%

Stock Sector Breakdown

Weighting Return Low Return High AYBRX % Rank
Industrials
100.00% 0.00% 100.00% 1.98%
Utilities
0.00% 0.00% 100.00% 75.89%
Technology
0.00% 0.00% 49.46% 74.11%
Real Estate
0.00% 0.00% 100.00% 73.32%
Healthcare
0.00% 0.00% 63.64% 77.08%
Financial Services
0.00% 0.00% 100.00% 77.87%
Energy
0.00% 0.00% 100.00% 93.48%
Communication Services
0.00% 0.00% 100.00% 81.03%
Consumer Defense
0.00% 0.00% 100.00% 73.52%
Consumer Cyclical
0.00% 0.00% 100.00% 81.62%
Basic Materials
0.00% 0.00% 100.00% 80.04%

Stock Geographic Breakdown

Weighting Return Low Return High AYBRX % Rank
US
0.97% -13.16% 27.67% 29.22%
Non US
0.00% 0.00% 15.55% 79.36%

Bond Sector Breakdown

Weighting Return Low Return High AYBRX % Rank
Corporate
100.00% 0.00% 100.00% 0.94%
Derivative
0.00% 0.00% 41.88% 76.24%
Cash & Equivalents
0.00% 0.00% 87.53% 97.72%
Securitized
0.00% 0.00% 91.38% 82.55%
Municipal
0.00% 0.00% 14.61% 68.59%
Government
0.00% 0.00% 49.03% 81.07%

Bond Geographic Breakdown

Weighting Return Low Return High AYBRX % Rank
US
85.62% -88.80% 121.16% 20.51%
Non US
4.39% -25.82% 132.83% 94.91%

AYBRX - Expenses

Operational Fees

AYBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% 0.03% 20.43% 25.21%
Management Fee 0.48% 0.00% 1.84% 26.82%
12b-1 Fee 0.50% 0.00% 1.00% 68.36%
Administrative Fee N/A 0.00% 0.50% 97.59%

Sales Fees

AYBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AYBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

AYBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 143.00% 0.00% 349.00% 92.88%

AYBRX - Distributions

Dividend Yield Analysis

AYBRX Category Low Category High AYBRX % Rank
Dividend Yield 4.49% 0.00% 4.02% 69.92%

Dividend Distribution Analysis

AYBRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AYBRX Category Low Category High AYBRX % Rank
Net Income Ratio 4.57% -2.17% 10.53% 70.23%

Capital Gain Distribution Analysis

AYBRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

AYBRX - Fund Manager Analysis

Managers

Douglas Forsyth


Start Date

Tenure

Tenure Rank

Jul 31, 1996

24.76

24.8%

Mr. Forsyth is a portfolio manager, a managing director and CIO US Income and Growth Strategies with Allianz Global Investors, which he joined in 1994. He is the head of the firm’s Income and Growth Strategies team. Mr. Forsyth has portfolio management, trading and research responsibilities, and oversees all aspects of the Income and Growth platform’s business, including product development and implementation. He has been the lead portfolio manager for the firm’s US High Yield Bond strategy since its inception in 1994 and assumed lead portfolio management responsibility for the firm’s US Convertible strategy in 1998. Mr. Forsyth has been managing CLO portfolios since 2006 and has been the lead portfolio manager on the Income and Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients worldwide, Mr. Forsyth supervises multiple open-end and closed-end mutual funds and provides oversight for the US Short Duration High Income strategy. He was previously an analyst at AEGON USA. He has a B.B.A. from The University of Iowa. Mr. Forsyth is a CFA charterholder.

William Stickney


Start Date

Tenure

Tenure Rank

Dec 31, 1999

21.35

21.4%

Mr. Stickney is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 1999. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He has been a portfolio manager for the firm’s US High Yield Bond strategy since he joined the firm in 1999. Mr. Stickney has been the lead portfolio manager for leveraged loan strategies including CLO portfolios since 2006. In addition to management responsibility for institutional clients, Mr. Stickney is responsible for managing multiple closed-end and open-end mutual funds. He was previously a vice president of institutional fixed-income sales with ABN AMRO, Inc., where his primary focus was on high yield corporate securities; before that, he worked for Cowen & Company and Wayne Hummer & Company. Mr. Stickney has a B.S. in finance from Miami University, Ohio, and an M.B.A. from the Kellogg School of Management, Northwestern University.

David Oberto


Start Date

Tenure

Tenure Rank

Apr 10, 2017

4.06

4.1%

Mr. Oberto is a portfolio manager and a director with Allianz Global Investors, which he joined in 2007. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He has been a portfolio manager for the firm’s US High Yield Bond strategy since 2017. In addition to management responsibility for institutional clients, Mr. Oberto is responsible for managing multiple closed-end and open-end mutual funds. He has 17 years of investment industry experience. Mr. Oberto was previously a portfolio administrator, a credit default swaps (CDS) account manager and a trade-closer for Bain Capital. He began his career as an intern at Gabelli Asset Management. Mr. Oberto has a B.S.B.A. with a concentration in finance and a minor in economics from Fordham University and an M.S. in finance from the D’Amore-McKim School of Business at Northeastern University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 36.71 6.64 1.83