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Trending ETFs

Name

As of

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

-

$21.6 M

-

0.60%

Vitals

YTD Return

-23.0%

1 yr return

-28.8%

3 Yr Avg Return

-13.7%

5 Yr Avg Return

-5.1%

Net Assets

$21.6 M

Holdings in Top 10

76.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.60%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

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

-

$21.6 M

-

0.60%

GVRAX - Profile

Distributions

  • YTD Total Return -23.0%
  • 3 Yr Annualized Total Return -12.0%
  • 5 Yr Annualized Total Return -3.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AllianzGI Retirement 2035 Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Dec 19, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Pietranico

Fund Description


GVRAX - Performance

Return Ranking - Trailing

Period GVRAX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.0% -26.1% 9.5% 98.06%
1 Yr -28.8% -34.2% 10.5% 97.99%
3 Yr -13.7%* -14.6% 6.1% 98.53%
5 Yr -5.1%* -7.0% 7.1% 96.76%
10 Yr N/A* -4.0% 6.6% N/A

* Annualized

Return Ranking - Calendar

Period GVRAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -2.4% 20.5% 92.78%
2022 -18.8% -18.9% -3.6% 99.16%
2021 13.0% -12.3% 18.2% 17.62%
2020 5.6% -4.2% 6.9% 4.34%
2019 -4.7% -13.0% -0.3% 42.60%

Total Return Ranking - Trailing

Period GVRAX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.0% -26.1% 9.5% 98.06%
1 Yr -28.8% -34.2% 10.5% 97.99%
3 Yr -12.0%* -13.5% 7.1% 98.74%
5 Yr -3.0%* -4.8% 9.4% 97.76%
10 Yr N/A* -1.3% 9.5% N/A

* Annualized

Total Return Ranking - Calendar

Period GVRAX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -2.4% 20.5% 92.78%
2022 -18.8% -18.8% -0.9% 99.79%
2021 19.8% -12.3% 22.9% 4.63%
2020 8.2% 0.2% 9.2% 6.62%
2019 -2.1% -9.4% 0.7% 48.52%

GVRAX - Holdings

Concentration Analysis

GVRAX Category Low Category High GVRAX % Rank
Net Assets 21.6 M 119 K 47.4 B 74.96%
Number of Holdings 15 1 738 63.94%
Net Assets in Top 10 21 M 97.6 K 46.2 B 74.17%
Weighting of Top 10 76.11% 32.6% 100.0% 71.65%

Top 10 Holdings

  1. AllianzGI Global Dynamic Allocation R6 45.48%
  2. Future on S&P 500 PR Sep20 12.40%
  3. Allianzgi Instl Multi-Ser Tr 5.19%
  4. Future on MSCI EAFE Sep20 3.94%
  5. AllianzGI Best Styles US Equity R6 2.62%
  6. AllianzGI Best Styles Glbl Mgd Vol 2.58%
  7. AllianzGI Mid-Cap Institutional 1.77%
  8. AllianzGI Focused Growth R6 1.75%
  9. Future on MSCI EM (Emerging Markets) Sep20 0.39%

Asset Allocation

Weighting Return Low Return High GVRAX % Rank
Stocks
44.24% 0.00% 79.92% 33.07%
Cash
29.48% -21.05% 112.41% 2.36%
Bonds
16.57% -40.53% 77.46% 92.91%
Other
9.21% -0.44% 100.00% 8.35%
Convertible Bonds
0.33% 0.00% 1.81% 63.31%
Preferred Stocks
0.16% 0.00% 7.51% 36.06%

Stock Sector Breakdown

Weighting Return Low Return High GVRAX % Rank
Technology
20.80% 1.82% 26.22% 9.86%
Healthcare
15.00% 1.66% 18.24% 37.36%
Financial Services
13.33% 3.32% 19.78% 70.27%
Consumer Cyclical
11.06% 1.88% 12.97% 31.96%
Industrials
9.98% 1.63% 15.38% 38.00%
Communication Services
9.17% 0.21% 10.66% 33.39%
Consumer Defense
8.19% 1.02% 22.06% 34.82%
Utilities
4.53% 0.00% 8.63% 24.01%
Real Estate
2.94% 0.43% 31.58% 74.56%
Basic Materials
2.94% 0.76% 10.20% 89.35%
Energy
2.07% 0.59% 19.85% 95.39%

Stock Geographic Breakdown

Weighting Return Low Return High GVRAX % Rank
US
33.06% 0.00% 64.60% 28.03%
Non US
11.18% 0.00% 34.42% 67.56%

Bond Sector Breakdown

Weighting Return Low Return High GVRAX % Rank
Cash & Equivalents
55.80% 0.99% 112.41% 2.70%
Corporate
19.26% 0.00% 51.19% 72.97%
Government
13.85% 0.00% 98.99% 93.80%
Derivative
11.10% -82.56% 20.64% 6.52%
Securitized
0.00% 0.00% 41.85% 97.46%
Municipal
0.00% 0.00% 11.52% 94.75%

Bond Geographic Breakdown

Weighting Return Low Return High GVRAX % Rank
US
15.68% -52.61% 74.70% 88.66%
Non US
0.89% -6.29% 45.47% 93.86%

GVRAX - Expenses

Operational Fees

GVRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.00% 24.81% 47.54%
Management Fee 0.05% 0.00% 0.77% 51.54%
12b-1 Fee 0.25% 0.00% 1.00% 34.06%
Administrative Fee 0.30% 0.01% 0.30% 97.06%

Sales Fees

GVRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 66.67%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GVRAX 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.

GVRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 277.00% 58.79%

GVRAX - Distributions

Dividend Yield Analysis

GVRAX Category Low Category High GVRAX % Rank
Dividend Yield 0.00% 0.00% 2.56% 60.09%

Dividend Distribution Analysis

GVRAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

GVRAX Category Low Category High GVRAX % Rank
Net Income Ratio 1.95% 0.48% 6.21% 67.01%

Capital Gain Distribution Analysis

GVRAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Distributions History

View More +

GVRAX - Fund Manager Analysis

Managers

Paul Pietranico


Start Date

Tenure

Tenure Rank

Dec 19, 2011

8.71

8.7%

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