News
Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
Welcome to MutualFunds.com
Please help us personalize your experience and select the one that best describes you.
Your personalized experience is almost ready.
Thank you!
Check your email and confirm your subscription to complete your personalized experience.
Thank you for your submission
We hope you enjoy your experience
Find the latest content and information here about the 2019 Charles Schwab Impact Conference.
18 Most Popular Mutual Fund Categories
View All Categories
15 Most Popular Fund Company Quick Screens
View All Fund Company Quick Screens
Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.
Content focused on helping financial advisors build successful client relationships and grow their business.
Content geared towards helping financial advisors build better client portfolios.
Get insights on the industry trends and investment news from leading fund managers and experts.
Receive email updates about best performers, news, CE accredited webcasts and more.
| Period | AZNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.5% | -46.0% | 29.3% | 56.41% |
| 1 Yr | 1.1% | -59.8% | 35.1% | 45.00% |
| 3 Yr | -2.0%* | -39.3% | 14.2% | 65.90% |
| 5 Yr | -3.0%* | -36.0% | 9.2% | 84.99% |
| 10 Yr | -0.5%* | -37.4% | 11.9% | 90.83% |
* Annualized
| Period | AZNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 10.7% | -50.4% | 46.8% | 58.43% |
| 2018 | -11.8% | -31.8% | 11.7% | 69.06% |
| 2017 | 4.1% | -44.7% | 46.3% | 69.82% |
| 2016 | -0.5% | -29.9% | 420.6% | 89.58% |
| 2015 | -10.4% | -40.7% | 14.6% | 84.12% |
| Period | AZNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.5% | -46.0% | 29.3% | 56.41% |
| 1 Yr | 1.1% | -59.8% | 35.1% | 44.89% |
| 3 Yr | 2.8%* | -39.3% | 14.2% | 28.23% |
| 5 Yr | 3.6%* | -36.0% | 9.2% | 21.18% |
| 10 Yr | 7.3%* | -37.4% | 12.3% | 23.49% |
* Annualized
| Period | AZNAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 12.3% | -50.4% | 46.8% | 42.64% |
| 2018 | -4.5% | -27.6% | 11.7% | 25.30% |
| 2017 | 13.5% | -44.7% | 46.3% | 22.72% |
| 2016 | 9.5% | -29.9% | 420.6% | 16.52% |
| 2015 | -2.1% | -36.9% | 14.6% | 43.65% |
| AZNAX | Category Low | Category High | AZNAX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.48 B | 100 K | 153 B | 12.25% |
| Number of Holdings | 511 | 2 | 13456 | 21.83% |
| Net Assets in Top 10 | 453 M | -35.2 M | 27.1 B | 29.73% |
| Weighting of Top 10 | 10.95% | 5.5% | 100.0% | 99.13% |
| Weighting | Return Low | Return High | AZNAX % Rank | |
|---|---|---|---|---|
| Stocks | 34.82% | -113.74% | 77.36% | 66.01% |
| Bonds | 29.82% | -7.02% | 80.79% | 81.60% |
| Convertible Bonds | 24.43% | -0.67% | 52.57% | 1.25% |
| Cash | 6.18% | -120.83% | 149.68% | 42.62% |
| Preferred Stocks | 4.56% | 0.00% | 36.61% | 8.42% |
| Other | 0.20% | -4.42% | 167.50% | 33.16% |
| Weighting | Return Low | Return High | AZNAX % Rank | |
|---|---|---|---|---|
| Technology | 31.11% | 0.00% | 100.00% | 2.97% |
| Healthcare | 18.34% | 0.00% | 54.35% | 15.84% |
| Consumer Cyclical | 11.51% | 0.00% | 33.58% | 17.82% |
| Communication Services | 9.92% | 0.00% | 26.69% | 32.23% |
| Financial Services | 9.87% | 0.00% | 62.98% | 83.94% |
| Industrials | 7.81% | 0.00% | 99.44% | 72.50% |
| Consumer Defense | 6.00% | 0.00% | 18.41% | 73.82% |
| Basic Materials | 1.41% | 0.00% | 19.70% | 80.86% |
| Utilities | 1.38% | 0.00% | 100.00% | 79.98% |
| Real Estate | 1.36% | 0.00% | 99.96% | 83.39% |
| Energy | 1.29% | 0.00% | 100.00% | 88.23% |
| Weighting | Return Low | Return High | AZNAX % Rank | |
|---|---|---|---|---|
| US | 33.69% | -112.30% | 75.95% | 56.44% |
| Non US | 1.13% | -3.33% | 31.77% | 78.90% |
| Weighting | Return Low | Return High | AZNAX % Rank | |
|---|---|---|---|---|
| Corporate | 90.49% | 0.00% | 100.00% | 4.57% |
| Cash & Equivalents | 9.51% | -3.87% | 100.00% | 57.07% |
| Derivative | 0.00% | 0.00% | 69.90% | 98.23% |
| Securitized | 0.00% | 0.00% | 85.82% | 97.82% |
| Municipal | 0.00% | 0.00% | 99.50% | 98.13% |
| Government | 0.00% | 0.00% | 90.31% | 99.27% |
| Weighting | Return Low | Return High | AZNAX % Rank | |
|---|---|---|---|---|
| US | 28.46% | -8.49% | 88.92% | 78.07% |
| Non US | 1.36% | -14.78% | 29.41% | 74.22% |
| AZNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.29% | 0.01% | 7.41% | 37.83% |
| Management Fee | 1.02% | 0.00% | 2.00% | 91.78% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 58.18% |
| Administrative Fee | 0.40% | 0.01% | 0.83% | 98.52% |
| AZNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 1.00% | 5.75% | 54.29% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
| AZNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| AZNAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 66.00% | 0.00% | 574.00% | 65.98% |
| AZNAX | Category Low | Category High | AZNAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 10.48% | 98.96% |
| AZNAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
| AZNAX | Category Low | Category High | AZNAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.84% | -5.24% | 6.65% | 48.48% |
| AZNAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Monthly | Annually | Annually | Annually |
| Date | Amount |
|---|---|
| Mar 21, 2019 | $0.020 |
| Feb 21, 2019 | $0.017 |
| Jan 17, 2019 | $0.018 |
| Dec 20, 2018 | $0.018 |
| Nov 15, 2018 | $0.018 |
| Oct 18, 2018 | $0.018 |
| Sep 20, 2018 | $0.017 |
| Aug 16, 2018 | $0.057 |
| Jul 19, 2018 | $0.018 |
| Jun 21, 2018 | $0.017 |
| May 17, 2018 | $0.022 |
| Apr 19, 2018 | $0.020 |
| Mar 22, 2018 | $0.018 |
| Feb 22, 2018 | $0.022 |
| Dec 21, 2017 | $0.018 |
| Nov 16, 2017 | $0.022 |
| Oct 19, 2017 | $0.019 |
| Sep 21, 2017 | $0.034 |
| Aug 17, 2017 | $0.024 |
| Jul 20, 2017 | $0.039 |
| Mar 16, 2017 | $0.017 |
| Feb 16, 2017 | $0.026 |
| Jan 19, 2017 | $0.020 |
| Dec 22, 2016 | $0.028 |
| Nov 17, 2016 | $0.039 |
| Oct 20, 2016 | $0.016 |
| Sep 22, 2016 | $0.040 |
| Aug 18, 2016 | $0.088 |
| Jun 16, 2016 | $0.021 |
| May 19, 2016 | $0.088 |
| Feb 18, 2016 | $0.088 |
| Nov 19, 2015 | $0.088 |
| Jul 16, 2015 | $0.088 |
| Mar 19, 2015 | $0.088 |
| Dec 18, 2014 | $0.088 |
| Aug 21, 2014 | $0.088 |
| Apr 17, 2014 | $0.088 |
| Dec 19, 2013 | $0.088 |
| Aug 22, 2013 | $0.088 |
| Jun 20, 2013 | $0.088 |
| Mar 21, 2013 | $0.088 |
| Dec 20, 2012 | $0.088 |
| Sep 20, 2012 | $0.088 |
| Jun 21, 2012 | $0.088 |
| Apr 19, 2012 | $0.088 |
| Dec 22, 2011 | $0.088 |
| Dec 15, 2011 | $0.025 |
| Sep 22, 2011 | $0.087 |
| Aug 18, 2011 | $0.087 |
| Nov 18, 2010 | $0.087 |
| Aug 19, 2010 | $0.087 |
| May 20, 2010 | $0.087 |
| Feb 18, 2010 | $0.087 |
| Aug 20, 2009 | $0.087 |
| Jul 16, 2009 | $0.087 |
| May 21, 2009 | $0.087 |
| Apr 16, 2009 | $0.087 |
| Mar 19, 2009 | $0.087 |
| Feb 19, 2009 | $0.087 |
| Jan 22, 2009 | $0.087 |
| Dec 18, 2008 | $0.087 |
| Nov 20, 2008 | $0.087 |
| Oct 16, 2008 | $0.087 |
| Sep 18, 2008 | $0.087 |
| Aug 21, 2008 | $0.087 |
| Jul 17, 2008 | $0.087 |
| May 22, 2008 | $0.087 |
| Apr 17, 2008 | $0.087 |
| Mar 20, 2008 | $0.087 |
| Jan 24, 2008 | $0.087 |
| Dec 20, 2007 | $0.279 |
| Sep 20, 2007 | $0.014 |
| Jun 21, 2007 | $0.218 |
Start Date
Tenure
Tenure Rank
Feb 28, 2007
13.18
13.2%
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.
Start Date
Tenure
Tenure Rank
Feb 28, 2007
13.18
13.2%
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.
Start Date
Tenure
Tenure Rank
Feb 28, 2007
13.18
13.2%
Justin Kass, CFA, 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. Prior to joining AGI Capital via a predecessor affiliate in 2000, Justin had interned on the team, adding significant depth to our proprietary Upgrade Alert Model. Other experience includes Universal Studios; Ocean Realty; and the Center for Cooperatives. He has more than 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.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.35 | 6.95 | 0.33 |
News
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
News
Iuri Struta
|
Check out the mutual funds that moved in a significant manner over the...
News
Iuri Struta
|
Every fortnight, MutualFunds.com provides a snapshot of the performance of some key mutual...
TAXATION
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
MUTUAL FUND EDUCATION
Many investors assume that changes in a mutual fund’s net asset value (NAV)...
MUTUAL FUND EDUCATION
For investors looking to add mutual funds to their portfolio, they need to...
Receive email updates about best performers, news, CE accredited webcasts and more.
Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.