AZNCX: AllianzGI Income & Growth Fund - MutualFunds.com
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AZNCX - Snapshot

Vitals

  • YTD Return 1.0%
  • 3 Yr Annualized Return 11.3%
  • 5 Yr Annualized Return 11.1%
  • Net Assets $6.24 B
  • Holdings in Top 10 12.3%

52 WEEK LOW AND HIGH

$11.74
$7.74
$11.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.04%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 93.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification


Compare AZNCX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.33

-0.85%

$68.62 B

5.11%

$0.12

1.30%

-

$28.36

-0.11%

$63.59 B

2.65%

$0.75

0.11%

-

$11.22

-0.18%

$17.18 B

4.29%

$0.48

0.36%

-

$15.81

-0.19%

$14.66 B

2.37%

$0.37

0.13%

-

$11.23

-0.18%

$12.90 B

3.43%

$0.39

0.99%

-

AZNCX - Profile

Distributions

  • YTD Total Return 1.0%
  • 3 Yr Annualized Total Return 11.3%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 0.90%
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
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Forsyth

Fund Description

The fund seeks to achieve its objective by investing primarily in a combination of common stocks and other equity securities, debt securities and convertible securities. The allocation of the fund's investments across asset classes will vary substantially from time to time. The fund's investments in each asset class are based upon the portfolio managers' assessment of economic conditions and market factors, including equity price levels, interest rate levels and their anticipated direction.


AZNCX - Performance

Return Ranking - Trailing

Period AZNCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.3% 4.8% 23.48%
1 Yr 22.1% -7.0% 53.6% 2.53%
3 Yr 11.3%* -0.6% 25.4% 2.57%
5 Yr 11.1%* 1.2% 21.2% 2.51%
10 Yr 8.1%* 1.6% 9.3% 4.47%

* Annualized

Return Ranking - Calendar

Period AZNCX Return Category Return Low Category Return High Rank in Category (%)
2020 13.1% -10.6% 40.7% 3.76%
2019 9.8% -9.5% 22.1% 62.21%
2018 -12.4% -21.7% -2.6% 87.20%
2017 3.3% -7.3% 13.7% 84.29%
2016 -1.2% -9.0% 23.3% 97.78%

Total Return Ranking - Trailing

Period AZNCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.0% -1.3% 4.8% 22.94%
1 Yr 21.1% -10.0% 53.6% 2.35%
3 Yr 11.3%* -1.5% 25.4% 2.02%
5 Yr 11.1%* 0.8% 21.2% 1.93%
10 Yr 8.1%* 1.6% 9.3% 4.19%

* Annualized

Total Return Ranking - Calendar

Period AZNCX Return Category Return Low Category Return High Rank in Category (%)
2020 13.1% -10.6% 40.7% 3.76%
2019 11.4% -9.5% 22.1% 39.34%
2018 -5.2% -21.7% -2.0% 35.00%
2017 12.6% -5.9% 16.6% 8.28%
2016 8.8% -5.0% 23.3% 19.11%

NAV & Total Return History


AZNCX - Holdings

Concentration Analysis

AZNCX Category Low Category High AZNCX % Rank
Net Assets 6.24 B 2.47 M 68.6 B 6.14%
Number of Holdings 490 2 19978 26.90%
Net Assets in Top 10 730 M 2.4 M 12.6 B 30.97%
Weighting of Top 10 12.28% 8.9% 100.0% 93.62%

Top 10 Holdings

  1. Alphabet Inc A 1.67%
  2. Apple Inc 1.66%
  3. Amazon.com Inc 1.59%
  4. Microsoft Corp 1.55%
  5. Facebook Inc A 1.37%
  6. Tesla Inc 1.25% 1.06%
  7. Visa Inc Class A 0.94%
  8. Tesla Inc 0.89%
  9. Microchip Technology Incorporated 1.62% 0.87%
  10. NVIDIA Corp 0.84%

Asset Allocation

Weighting Return Low Return High AZNCX % Rank
Stocks
33.95% 0.66% 77.82% 76.46%
Bonds
29.56% 0.00% 183.36% 92.74%
Convertible Bonds
25.51% 0.00% 52.36% 1.06%
Preferred Stocks
5.40% 0.00% 66.51% 13.81%
Cash
5.06% -144.08% 34.13% 39.29%
Other
0.51% -4.63% 36.40% 26.19%

Stock Sector Breakdown

Weighting Return Low Return High AZNCX % Rank
Technology
31.54% 0.00% 62.50% 1.24%
Consumer Cyclical
15.79% 0.00% 23.76% 2.48%
Communication Services
13.95% 0.00% 17.83% 1.59%
Healthcare
12.24% 0.00% 19.67% 67.96%
Financial Services
8.21% 0.00% 41.32% 92.92%
Industrials
6.28% 0.00% 22.22% 93.81%
Consumer Defense
4.59% 0.00% 22.17% 92.39%
Utilities
2.29% 0.00% 34.62% 81.59%
Basic Materials
2.19% 0.00% 26.28% 86.37%
Real Estate
2.00% 0.00% 100.00% 93.45%
Energy
0.92% 0.00% 23.40% 94.51%

Stock Geographic Breakdown

Weighting Return Low Return High AZNCX % Rank
US
33.18% 0.53% 68.90% 36.11%
Non US
0.77% 0.00% 34.64% 93.45%

Bond Sector Breakdown

Weighting Return Low Return High AZNCX % Rank
Corporate
92.27% 0.00% 97.39% 3.89%
Cash & Equivalents
7.73% 0.06% 53.68% 57.17%
Derivative
0.00% 0.00% 33.48% 72.57%
Securitized
0.00% 0.00% 48.46% 93.63%
Municipal
0.00% 0.00% 99.70% 85.31%
Government
0.00% 0.00% 99.94% 96.28%

Bond Geographic Breakdown

Weighting Return Low Return High AZNCX % Rank
US
28.68% 0.00% 84.28% 87.96%
Non US
0.88% -12.10% 119.86% 90.80%

AZNCX - Expenses

Operational Fees

AZNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.04% 0.01% 6.06% 4.91%
Management Fee 1.02% 0.00% 1.39% 99.12%
12b-1 Fee 1.00% 0.00% 1.00% 89.43%
Administrative Fee 0.40% 0.01% 0.70% 97.44%

Sales Fees

AZNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 50.60%

Trading Fees

AZNCX 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.

AZNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.00% 5.00% 395.00% 79.93%

AZNCX - Distributions

Dividend Yield Analysis

AZNCX Category Low Category High AZNCX % Rank
Dividend Yield 0.00% 0.00% 4.58% 50.70%

Dividend Distribution Analysis

AZNCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

AZNCX Category Low Category High AZNCX % Rank
Net Income Ratio 0.90% -0.41% 6.42% 93.12%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

AZNCX - Fund Manager Analysis

Managers

Douglas Forsyth


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.85

13.9%

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.

Michael Yee


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.85

13.9%

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 Kass


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.85

13.9%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 27.31 5.95 1.0