APBPX: AllianzGI PerformanceFee Structured US Equity Fund - MutualFunds.com

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AllianzGI PerformanceFee Struct US Eq P

APBPX - Snapshot

Vitals

  • YTD Return -22.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $50.2 M
  • Holdings in Top 10 98.8%

52 WEEK LOW AND HIGH

$8.66
$5.97
$11.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.70%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 8.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare APBPX to Popular U.S. Large-Cap Blend Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$82.23

+1.13%

$937.57 B

1.10%

$0.92

3.23%

0.14%

$168.78

+0.95%

$937.57 B

1.68%

$2.90

2.06%

0.03%

$303.23

+1.05%

$573.85 B

1.79%

$5.57

1.36%

0.03%

$305.72

+1.21%

$573.85 B

1.25%

$3.93

2.54%

0.14%

$329.98

+1.02%

$295.39 B

1.62%

$5.48

1.45%

0.10%

APBPX - Profile

Distributions

  • YTD Total Return -22.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AllianzGI PerformanceFee Structured US Equity Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Dec 18, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Greg Tournant

Fund Description

The fund typically seeks passive, relatively low-cost exposure to the index. To achieve this exposure, it typically invests in exchange traded funds ("ETFs"), such as the iShares Core S&P 500 ETF or SPDR S&P 500 ETF, that offer investment returns similar to the index. The fund also may invest directly in some or all of the companies included in the index, seeking to replicate approximately the relative weighting of the stocks in the index.


APBPX - Performance

Return Ranking - Trailing

Period APBPX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.4% -43.5% 1979.5% 99.50%
1 Yr -13.4% -20.0% 49.1% 99.79%
3 Yr N/A* -18.0% 17.3% N/A
5 Yr N/A* -5.7% 19.1% N/A
10 Yr N/A* 0.0% 15.0% N/A

* Annualized

Return Ranking - Calendar

Period APBPX Return Category Return Low Category Return High Rank in Category (%)
2019 30.7% -22.7% 41.1% 5.87%
2018 -13.3% -100.0% 1.4% 48.97%
2017 N/A -100.0% 33.2% N/A
2016 N/A -44.8% 25.0% N/A
2015 N/A -51.1% 20.5% N/A

Total Return Ranking - Trailing

Period APBPX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.4% -43.5% 1979.5% 99.50%
1 Yr -13.4% -20.0% 49.1% 99.71%
3 Yr N/A* -18.0% 17.3% N/A
5 Yr N/A* -5.7% 19.1% N/A
10 Yr N/A* 0.0% 15.0% N/A

* Annualized

Total Return Ranking - Calendar

Period APBPX Return Category Return Low Category Return High Rank in Category (%)
2019 30.7% -21.6% 41.1% 5.87%
2018 -5.4% -100.0% 1.4% 21.75%
2017 N/A -100.0% 33.2% N/A
2016 N/A -16.4% 26.8% N/A
2015 N/A -21.4% 106.5% N/A

NAV & Total Return History


APBPX - Holdings

Concentration Analysis

APBPX Category Low Category High APBPX % Rank
Net Assets 50.2 M 25 938 B 84.84%
Number of Holdings 215 1 3591 34.19%
Net Assets in Top 10 51.9 M -95.2 M 215 B 73.83%
Weighting of Top 10 98.79% 2.2% 100.0% 1.82%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 98.58%
  2. Cboe Volatility Index Aug20 60 Call 0.07%
  3. Cboe Volatility Index Aug20 60 Call 0.07%
  4. Cboe Volatility Index Aug20 60 Call 0.07%
  5. Cboe Volatility Index Aug20 60 Call 0.07%
  6. Cboe Volatility Index Aug20 60 Call 0.07%
  7. Cboe Volatility Index Aug20 60 Call 0.07%
  8. Cboe Volatility Index Aug20 60 Call 0.07%
  9. Cboe Volatility Index Aug20 60 Call 0.07%
  10. Cboe Volatility Index Aug20 60 Call 0.07%

Asset Allocation

Weighting Return Low Return High APBPX % Rank
Stocks
98.13% -2.94% 151.76% 69.95%
Cash
1.87% -110.24% 100.00% 26.51%
Preferred Stocks
0.00% 0.00% 14.67% 42.62%
Other
0.00% -4.07% 100.00% 41.47%
Convertible Bonds
0.00% 0.00% 27.81% 38.68%
Bonds
0.00% 0.00% 95.00% 43.58%

Stock Sector Breakdown

Weighting Return Low Return High APBPX % Rank
Technology
25.21% 0.00% 53.77% 30.04%
Healthcare
14.07% 0.00% 52.88% 65.61%
Financial Services
12.81% 0.00% 44.23% 55.59%
Consumer Cyclical
11.20% 0.00% 53.63% 57.46%
Communication Services
11.11% 0.00% 29.85% 27.28%
Industrials
8.32% 0.00% 28.19% 71.13%
Consumer Defense
7.33% 0.00% 47.12% 60.57%
Utilities
2.84% 0.00% 18.14% 44.13%
Real Estate
2.61% 0.00% 18.20% 53.04%
Energy
2.32% 0.00% 15.09% 31.01%
Basic Materials
2.18% 0.00% 34.89% 57.53%

Stock Geographic Breakdown

Weighting Return Low Return High APBPX % Rank
US
97.21% -2.94% 150.37% 42.28%
Non US
0.92% -0.01% 62.26% 68.93%

APBPX - Expenses

Operational Fees

APBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.01% 20.53% 62.55%
Management Fee 0.35% 0.00% 2.00% 30.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.95% 68.67%

Sales Fees

APBPX 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 0.95% 5.00% N/A

Trading Fees

APBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

APBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 0.00% 451.00% 17.93%

APBPX - Distributions

Dividend Yield Analysis

APBPX Category Low Category High APBPX % Rank
Dividend Yield 0.00% 0.00% 18.60% 43.77%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

APBPX Category Low Category High APBPX % Rank
Net Income Ratio 3.16% -3.04% 3.34% 0.14%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

APBPX - Fund Manager Analysis

Managers

Greg Tournant


Start Date

Tenure

Tenure Rank

Dec 18, 2017

2.79

2.8%

Mr. Tournant is a lead portfolio manager, a managing director and CIO US Structured Products with Allianz Global Investors, which he joined in 2002. He is also head of the Structured Products team. From 2007-2008 he served as co-CIO at Innovative Options Management where he worked with the team in a sub-advisory capacity. Before that, Mr. Tournant worked at Eagle Asset Management, McKinsey & Co. and Raymond James. He has a B.S. from Trinity University and an M.B.A. from the Kellogg School of Business at Northwestern University.

Stephen Bond-Nelson


Start Date

Tenure

Tenure Rank

Dec 18, 2017

2.79

2.8%

Mr. Bond-Nelson is a portfolio manager and director with Allianz Global Investors, which he joined in 1999. He has portfolio-management and research responsibilities for the Structured Products team. He has a B.S. from Lehigh University and an M.B.A. from Rutgers University.

Trevor Taylor


Start Date

Tenure

Tenure Rank

Dec 18, 2017

2.79

2.8%

Mr. Taylor is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 2008. He has portfolio-management and research responsibilities for the Structured Products team. He was previously co-CIO at Innovative Options Management, where he managed an equity-index option-based hedge fund and option programs on several open-end mutual funds. Before that, he was CIO at TLT Atlantic Asset Management and TLT Capital Corp. Mr. Taylor has a B.A. from the University of Florida.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.77 6.22 0.75