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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

$12.75

$6.8 B

1.12%

$0.10

1.54%

Vitals

YTD Return

-0.2%

1 yr return

37.8%

3 Yr Avg Return

13.4%

5 Yr Avg Return

12.3%

Net Assets

$6.8 B

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$12.8
$10.71
$13.44

Expenses

OPERATING FEES

Expense Ratio 1.54%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 93.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

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

$12.75

$6.8 B

1.12%

$0.10

1.54%

AIGRX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 13.4%
  • 5 Yr Annualized Total Return 12.3%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Virtus AllianzGI Income & Growth Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Feb 28, 2011
  • Shares Outstanding
    444885
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Forsyth

Fund Description


AIGRX - Performance

Return Ranking - Trailing

Period AIGRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -3.2% 17.0% 98.12%
1 Yr 37.8% 7.1% 74.5% 4.33%
3 Yr 13.4%* -1.1% 26.8% 3.07%
5 Yr 12.3%* 1.6% 22.4% 2.62%
10 Yr 8.4%* 2.6% 9.1% 2.28%

* Annualized

Return Ranking - Calendar

Period AIGRX Return Category Return Low Category Return High Rank in Category (%)
2023 14.0% -10.6% 40.7% 3.16%
2022 10.7% -9.5% 22.1% 49.90%
2021 -11.8% -21.7% -3.5% 82.32%
2020 4.1% -7.3% 13.7% 77.01%
2019 -0.5% -9.0% 23.3% 94.38%

Total Return Ranking - Trailing

Period AIGRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -3.2% 17.0% 98.12%
1 Yr 37.8% 1.8% 74.5% 3.77%
3 Yr 13.4%* -2.3% 26.8% 2.87%
5 Yr 12.3%* 1.4% 22.4% 2.01%
10 Yr 8.4%* 2.6% 9.1% 1.99%

* Annualized

Total Return Ranking - Calendar

Period AIGRX Return Category Return Low Category Return High Rank in Category (%)
2023 14.0% -10.6% 40.7% 3.16%
2022 12.2% -9.5% 22.1% 27.29%
2021 -4.7% -21.7% -2.0% 26.53%
2020 13.2% -5.9% 16.6% 8.04%
2019 9.3% -5.0% 23.3% 14.52%

NAV & Total Return History


AIGRX - Holdings

Concentration Analysis

AIGRX Category Low Category High AIGRX % Rank
Net Assets 6.8 B 2.69 M 72.2 B 6.27%
Number of Holdings 508 3 20153 25.88%
Net Assets in Top 10 846 M -25.8 M 12.3 B 30.17%
Weighting of Top 10 12.47% 11.2% 100.0% 94.74%

Top 10 Holdings

  1. Alphabet Inc A 1.83%
  2. Facebook Inc A 1.75%
  3. Microsoft Corp 1.65%
  4. Amazon.com Inc 1.53%
  5. Apple Inc 1.46%
  6. Tesla Inc 0.97%
  7. Microchip Technology Incorporated 1.62% 0.87%
  8. The Home Depot Inc 0.84%
  9. Visa Inc Class A 0.84%
  10. Adobe Inc 0.83%

Asset Allocation

Weighting Return Low Return High AIGRX % Rank
Stocks
33.94% 7.19% 237.56% 81.38%
Bonds
31.03% 0.00% 350.37% 93.11%
Convertible Bonds
25.05% 0.00% 54.99% 1.12%
Cash
5.41% -588.33% 26.99% 48.23%
Preferred Stocks
4.37% 0.00% 68.97% 13.78%
Other
0.21% -6.21% 100.38% 27.37%

Stock Sector Breakdown

Weighting Return Low Return High AIGRX % Rank
Technology
26.87% 0.00% 57.33% 2.42%
Consumer Cyclical
18.39% 0.00% 20.33% 1.30%
Healthcare
14.50% 0.00% 23.32% 13.41%
Communication Services
14.35% 0.00% 19.29% 1.86%
Financial Services
11.57% 0.00% 47.16% 91.25%
Industrials
4.72% 0.00% 24.66% 94.60%
Utilities
2.86% 0.00% 34.85% 58.47%
Consumer Defense
2.07% 0.00% 22.45% 96.28%
Basic Materials
2.06% 0.00% 21.15% 92.74%
Energy
1.37% 0.00% 23.75% 94.79%
Real Estate
1.22% 0.00% 100.00% 95.16%

Stock Geographic Breakdown

Weighting Return Low Return High AIGRX % Rank
US
33.51% 1.06% 106.72% 39.85%
Non US
0.43% 0.00% 130.84% 97.02%

Bond Sector Breakdown

Weighting Return Low Return High AIGRX % Rank
Corporate
91.78% 0.00% 98.21% 3.72%
Cash & Equivalents
8.22% 0.00% 87.60% 61.82%
Derivative
0.00% 0.00% 27.08% 77.47%
Securitized
0.00% 0.00% 52.56% 93.30%
Municipal
0.00% 0.00% 100.00% 86.41%
Government
0.00% 0.00% 76.01% 97.39%

Bond Geographic Breakdown

Weighting Return Low Return High AIGRX % Rank
US
29.83% 0.00% 350.37% 84.17%
Non US
1.20% -19.04% 82.35% 91.25%

AIGRX - Expenses

Operational Fees

AIGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.54% 0.01% 7.06% 14.92%
Management Fee 0.65% 0.00% 1.39% 85.35%
12b-1 Fee 0.50% 0.00% 1.00% 64.86%
Administrative Fee 0.10% 0.01% 0.70% 52.83%

Sales Fees

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

Trading Fees

AIGRX 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.

AIGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.00% 2.00% 395.00% 78.63%

AIGRX - Distributions

Dividend Yield Analysis

AIGRX Category Low Category High AIGRX % Rank
Dividend Yield 1.12% 0.00% 4.87% 54.03%

Dividend Distribution Analysis

AIGRX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

AIGRX Category Low Category High AIGRX % Rank
Net Income Ratio 1.40% -0.41% 6.42% 79.58%

Capital Gain Distribution Analysis

AIGRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Monthly Annually Annually Annually

Distributions History

View More +

AIGRX - Fund Manager Analysis

Managers

Douglas Forsyth


Start Date

Tenure

Tenure Rank

Feb 28, 2007

14.18

14.2%

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.

Justin Kass


Start Date

Tenure

Tenure Rank

Feb 28, 2007

14.18

14.2%

Mr. Kass is a portfolio manager and managing director with Allianz Global Investors, which he joined in 2000. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. In 2003, Mr. Kass was promoted to portfolio management and began handling day-to-day portfolio manager responsibilities for the firm’s US Convertible strategy in 2005. He is also a lead portfolio manager for the firm’s Income & Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients, Mr. Kass is responsible for managing multiple closed-end and open-end mutual funds. Previous to joining the firm, Mr. Kass interned on the Income and Growth Strategies team, adding significant depth to its proprietary Upgrade Alert Model. He has 22 years of investment industry experience. Mr. Kass has a B.S. from the University of California, Davis, and an M.B.A. from the UCLA Anderson School of Management. He is a CFA charterholder.

Michael Yee


Start Date

Tenure

Tenure Rank

Feb 28, 2007

14.18

14.2%

Mr. Yee is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 1995. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He is also a lead portfolio manager for the firm’s Income and Growth strategy since its inception in 2007. Mr. Yee is responsible for managing multiple closed-end and open-end mutual funds. He was previously an analyst for the Global and Systematic team with responsibilities focused on US large cap equity strategies. In addition, he also worked in global portfolio administration and in client service. Mr. Yee was previously a financial consultant for Priority One Financial/Liberty Foundation. He has a B.S. from the University of California, San Diego, and an M.B.A. from San Diego State University.

David Oberto


Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.33

0.3%

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
0.04 27.64 6.13 1.33