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AZNAX AllianzGI Income & Growth A

  • Fund
  • AZNAX
  • Price as of: May 24, 2019
  • $10.74 + $0.03 + 0.28%
  • Category
  • Diversified Portfolio

AZNAX - Profile

Vitals

  • YTD Return 6.0%
  • 3 Yr Annualized Return -0.3%
  • 5 Yr Annualized Return -3.4%
  • Net Assets $4.47 B
  • Holdings in Top 10 8.3%

52 WEEK LOW AND HIGH

$10.74
$9.78
$11.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.29%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 102.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 4.9%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 1.99%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name AllianzGI Income & Growth Fund
  • Fund Family Name Allianz Funds
  • Inception Date Feb 28, 2007
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Douglas G. Forsyth

AZNAX - Performance

Return Ranking - Trailing

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.0% -3.6% 18.6% 61.86%
1 Yr -6.0% -27.6% 10.7% 66.37%
3 Yr -0.3%* -9.2% 14.1% 73.16%
5 Yr -3.4%* -24.5% 8.6% 88.89%
10 Yr 0.6%* -14.3% 9.7% 93.48%

* Annualized


Return Ranking - Calendar

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.8% -34.6% 1.6% 62.46%
2017 4.1% -12.4% 33.2% 74.09%
2016 -0.5% -65.8% 23.3% 91.73%
2015 -10.4% -64.9% 4.8% 84.17%
2014 -3.7% -59.3% 68.3% 82.54%

Total Return Ranking - Trailing

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -3.6% 18.6% 40.35%
1 Yr -0.1% -25.5% 11.4% 32.74%
3 Yr 7.8%* -9.2% 14.1% 7.69%
5 Yr 4.9%* -21.8% 47.6% 13.68%
10 Yr 9.8%* -12.6% 13.3% 5.73%

* Annualized


Total Return Ranking - Calendar

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.5% -32.7% 1.6% 21.56%
2017 13.5% -8.4% 33.2% 31.53%
2016 9.5% -65.2% 23.3% 14.29%
2015 -2.1% -62.9% 9.2% 42.56%
2014 4.7% -28.5% 76.9% 43.09%

NAV & Total Return History

AZNAX - Holdings

Concentration Analysis

AZNAX Category Low Category High AZNAX % Rank
Net Assets 4.47 B 608 K 144 B 14.74%
Number of Holdings 572 2 13342 22.71%
Net Assets in Top 10 359 M -752 M 26.4 B 42.19%
Weighting of Top 10 8.27% 0.0% 3196.0% 99.37%

Top 10 Holdings

  1. Visa Inc Class A 1.02%

  2. Microsoft Corp 1.01%

  3. Alphabet Inc A 0.94%

  4. Apple Inc 0.93%

  5. Amazon.com Inc 0.89%

  6. Facebook Inc A 0.74%

  7. Microchip Technology Incorporated 1.62% 0.74%

  8. Costco Wholesale Corp 0.67%

  9. Adobe Inc 0.66%

  10. Netflix Inc 0.64%


Asset Allocation

Weighting Return Low Return High AZNAX % Rank
Stocks
33.60% -18.54% 99.89% 77.23%
Bonds
31.34% -342.57% 261.66% 65.91%
Convertible Bonds
26.24% -0.09% 39.88% 0.38%
Cash
5.12% -285.07% 453.71% 45.35%
Preferred Stocks
3.69% 0.00% 65.70% 5.00%
Other
0.00% -253.31% 51.84% 83.93%

Stock Sector Breakdown

Weighting Return Low Return High AZNAX % Rank
Technology
9.42% -9.43% 28.91% 43.42%
Healthcare
5.44% -2.72% 24.64% 58.80%
Consumer Cyclical
5.39% -10.37% 33.33% 50.89%
Industrials
4.56% -0.28% 27.79% 59.24%
Financial Services
3.20% -0.38% 47.66% 82.72%
Consumer Defense
2.43% -1.62% 18.58% 69.49%
Energy
1.41% -2.23% 32.61% 81.08%
Basic Materials
0.81% -1.52% 21.64% 83.29%
Utilities
0.54% -0.60% 23.50% 81.33%
Communication Services
0.41% -0.92% 7.52% 87.91%
Real Estate
0.00% -3.85% 73.69% 95.89%

Stock Geographic Breakdown

Weighting Return Low Return High AZNAX % Rank
US
33.00% -20.21% 124.70% 57.18%
Non US
0.60% -91.46% 98.02% 90.45%

Bond Sector Breakdown

Weighting Return Low Return High AZNAX % Rank
Corporate
61.27% 0.00% 93.54% 1.90%
Cash & Equivalents
5.12% -278.69% 455.04% 38.52%
Derivative
0.00% -190.53% 70.06% 54.84%
Securitized
0.00% 0.00% 43.20% 90.96%
Municipal
0.00% 0.00% 99.76% 78.18%
Government
0.00% -203.24% 254.66% 93.86%

Bond Geographic Breakdown

Weighting Return Low Return High AZNAX % Rank
US
28.68% -337.34% 210.96% 58.57%
Non US
2.66% -84.44% 144.19% 65.72%

AZNAX - Expenses

Operational Fees

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.00% 11.64% 31.18%
Management Fee 1.02% 0.00% 2.50% 94.69%
12b-1 Fee 0.25% 0.00% 1.00% 37.29%
Administrative Fee 0.40% 0.00% 0.83% 98.18%

Sales Fees

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.14% 5.75% 53.63%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% N/A

Turnover 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.

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 0.00% 6067.00% 81.34%

AZNAX - Distributions

Dividend Yield Analysis

AZNAX Category Low Category High AZNAX % Rank
Dividend Yield 0.02% 0.00% 0.31% 25.30%

Dividend Distribution Analysis

AZNAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

AZNAX Category Low Category High AZNAX % Rank
Net Income Ratio 1.99% -4.09% 6.99% 33.84%

Capital Gain Distribution Analysis

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

AZNAX - Managers

Douglas G. Forsyth

Manager

Start Date

Tenure

Tenure Rank

Feb 28, 2007

12.18

12.2%

Douglas G. Forsyth, CFA Managing Director, Portfolio Manager CIO US Income & Growth Strategies Mr. Forsyth is a portfolio manager, a managing director and CIO US Income & Growth Strategies with Allianz Global Investors, which he joined in 1994. He is the head of the firm’s Income and Growth Strategies team and a member of the firm’s US Executive Committee. 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 High Yield Bond strategy since its inception in 1994 and assumed lead portfolio management responsibility for the firm’s Convertible strategy in 1998. In addition to management responsibility for institutional clients worldwide, Mr. Forsyth supervises multiple open-end and closed-end mutual funds. 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.


Michael E. Yee

Manager

Start Date

Tenure

Tenure Rank

Feb 28, 2007

12.18

12.2%

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.


Justin M. Kass

Manager

Start Date

Tenure

Tenure Rank

Feb 28, 2007

12.18

12.2%

Mr. Kass, CFA, is a portfolio manager and managing director with Allianz Global Investors, which he joined in 2000. He has portfolio management and research responsibilities for the Income and Growth Strategies team. Mr. Kass has 19 years of investment-industry experience. He has a B.S. from the University of California, Davis, and an M.B.A. from the UCLA Anderson School of Management.


Tenure Analysis

Category Low

0.0

Category High

38.35

Category Average

6.56

Category Mode

6.95