AllianzGI High Yield Bond R
Name
As of 05/21/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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
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 05/21/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
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%
- Dividend Yield 4.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVirtus AllianzGI High Yield Bond Fund
-
Fund Family NameAllianz Funds
-
Inception DateApr 12, 2010
-
Shares Outstanding26553
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDouglas 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
- Reorganized 16-10238 Holdco Pfd 0% 8.68%
- The Goodyear Tire & Rubber Company 8.75% 2.95%
- Community Choice Financial Issuer, LLC 9% 2.75%
- Ally Financial Inc. 7.5% 2.42%
- Tenet Healthcare Corporation 6.25% 1.38%
- OneMain Financial Corporation 6.62% 1.36%
- Ford Motor Company 9% 1.34%
- AMC Entertainment Holdings Inc 10.5% 1.33%
- TransDigm, Inc. 6.5% 1.28%
- 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
Date | Amount | Type |
---|---|---|
Mar 21, 2019 | $0.036 | |
Feb 21, 2019 | $0.036 | |
Jan 17, 2019 | $0.033 | |
Dec 20, 2018 | $0.035 | |
Nov 15, 2018 | $0.034 | |
Oct 18, 2018 | $0.036 | |
Sep 20, 2018 | $0.036 | |
Aug 16, 2018 | $0.036 | |
Jul 19, 2018 | $0.036 | |
Jun 21, 2018 | $0.036 | |
May 17, 2018 | $0.038 | |
Apr 19, 2018 | $0.038 | |
Mar 22, 2018 | $0.034 | |
Feb 22, 2018 | $0.034 | |
Jan 18, 2018 | $0.034 | |
Dec 21, 2017 | $0.035 | |
Nov 16, 2017 | $0.035 | |
Oct 19, 2017 | $0.035 | |
Sep 21, 2017 | $0.035 | |
Aug 17, 2017 | $0.035 | |
Jul 20, 2017 | $0.037 | |
Jun 22, 2017 | $0.039 | |
May 18, 2017 | $0.038 | |
Apr 20, 2017 | $0.040 | |
Mar 16, 2017 | $0.039 | |
Feb 16, 2017 | $0.040 | |
Jan 19, 2017 | $0.040 | |
Dec 22, 2016 | $0.040 | |
Nov 17, 2016 | $0.041 | |
Oct 20, 2016 | $0.039 | |
Sep 22, 2016 | $0.042 | |
Aug 18, 2016 | $0.042 | |
Jul 21, 2016 | $0.042 | |
Jun 16, 2016 | $0.044 | |
May 19, 2016 | $0.044 | |
Apr 21, 2016 | $0.045 | |
Mar 17, 2016 | $0.044 | |
Feb 18, 2016 | $0.046 | |
Jan 21, 2016 | $0.044 | |
Dec 17, 2015 | $0.043 | |
Nov 19, 2015 | $0.043 | |
Oct 22, 2015 | $0.043 | |
Sep 17, 2015 | $0.038 | |
Aug 20, 2015 | $0.040 | |
Jul 16, 2015 | $0.043 | |
Jun 18, 2015 | $0.043 | |
May 21, 2015 | $0.046 | |
Apr 16, 2015 | $0.035 | |
Mar 19, 2015 | $0.051 | |
Feb 19, 2015 | $0.051 | |
Jan 22, 2015 | $0.050 | |
Dec 18, 2014 | $0.050 | |
Nov 20, 2014 | $0.048 | |
Oct 16, 2014 | $0.047 | |
Sep 18, 2014 | $0.048 | |
Aug 21, 2014 | $0.051 | |
Jul 17, 2014 | $0.051 | |
Jun 19, 2014 | $0.051 | |
May 22, 2014 | $0.055 | |
Apr 17, 2014 | $0.055 | |
Mar 20, 2014 | $0.057 | |
Feb 20, 2014 | $0.056 | |
Jan 16, 2014 | $0.056 | |
Dec 19, 2013 | $0.055 | |
Nov 21, 2013 | $0.056 | |
Oct 17, 2013 | $0.055 | |
Sep 19, 2013 | $0.057 | |
Aug 22, 2013 | $0.057 | |
Jul 18, 2013 | $0.056 | |
Jun 20, 2013 | $0.056 | |
May 16, 2013 | $0.055 | |
Apr 18, 2013 | $0.056 | |
Mar 21, 2013 | $0.056 | |
Feb 21, 2013 | $0.056 | |
Jan 17, 2013 | $0.055 | |
Dec 20, 2012 | $0.056 | |
Nov 15, 2012 | $0.056 | |
Oct 18, 2012 | $0.056 | |
Sep 20, 2012 | $0.069 | |
Aug 16, 2012 | $0.059 | |
Jul 19, 2012 | $0.059 | |
Jun 21, 2012 | $0.059 | |
May 17, 2012 | $0.058 | |
Apr 19, 2012 | $0.060 | |
Mar 22, 2012 | $0.058 | |
Feb 16, 2012 | $0.059 | |
Jan 19, 2012 | $0.059 | |
Dec 22, 2011 | $0.059 | |
Nov 17, 2011 | $0.059 | |
Oct 20, 2011 | $0.059 | |
Sep 22, 2011 | $0.059 | |
Aug 18, 2011 | $0.062 | |
Jul 21, 2011 | $0.058 | |
Jun 16, 2011 | $0.061 | |
May 19, 2011 | $0.061 | |
Apr 21, 2011 | $0.061 | |
Mar 17, 2011 | $0.061 | |
Feb 17, 2011 | $0.061 | |
Jan 20, 2011 | $0.071 | |
Dec 16, 2010 | $0.078 | |
Nov 18, 2010 | $0.071 | |
Oct 21, 2010 | $0.071 | |
Sep 16, 2010 | $0.071 | |
Aug 19, 2010 | $0.071 | |
Jul 22, 2010 | $0.054 | |
Jun 17, 2010 | $0.053 | |
May 20, 2010 | $0.055 | |
Apr 22, 2010 | $0.056 |
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 |