DRGTX: AllianzGI Technology Institutional

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DRGTX AllianzGI Technology Institutional


Profile

DRGTX - Profile

Vitals

  • YTD Return 15.3%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 3.6%
  • Net Assets $1.56 B
  • Holdings in Top 10 47.3%

52 WEEK LOW AND HIGH

$75.39
$52.15
$78.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.21%

SALES FEES

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

BROKERAGE FEES

  • Turnover 109.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 15.3%
  • 3 Yr Annualized Total Return 15.8%
  • 5 Yr Annualized Total Return 15.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.69%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AllianzGI Technology Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Dec 27, 1995
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Huachen Chen

Fund Description

The fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in common stocks and other equity securities of technology companies and in derivatives and other synthetic instruments that have economic characteristics similar to equity securities of technology companies. It is non-diversified.


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Categories

Performance

DRGTX - Performance

Return Ranking - Trailing

Period DRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -17.5% 27.6% 9.50%
1 Yr 6.0% -18.4% 46.4% 84.57%
3 Yr 3.2%* -25.1% 24.4% 72.50%
5 Yr 3.6%* -19.1% 20.5% 77.08%
10 Yr 7.4%* -3.2% 18.1% 79.82%

* Annualized

Return Ranking - Calendar

Period DRGTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.3% -3.0% 62.7% 89.60%
2018 -13.7% -49.7% 4.3% 46.63%
2017 26.9% -17.3% 55.5% 54.90%
2016 -0.3% -17.1% 32.1% 79.17%
2015 -8.7% -17.6% 11.6% 86.81%

Total Return Ranking - Trailing

Period DRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.3% -17.5% 27.6% 9.50%
1 Yr 6.0% -18.4% 46.4% 84.57%
3 Yr 15.8%* -25.1% 28.5% 24.38%
5 Yr 15.5%* -19.1% 28.5% 29.17%
10 Yr 16.9%* -3.2% 22.8% 24.77%

* Annualized

Total Return Ranking - Calendar

Period DRGTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.3% -3.0% 62.7% 89.60%
2018 5.1% -49.7% 5.1% 0.61%
2017 47.2% -17.3% 55.5% 7.84%
2016 4.8% -17.1% 32.8% 71.53%
2015 5.7% -13.9% 83.1% 37.50%

NAV & Total Return History


Holdings

DRGTX - Holdings

Concentration Analysis

DRGTX Category Low Category High DRGTX % Rank
Net Assets 1.56 B 75.8 K 29.9 B 29.12%
Number of Holdings 152 22 384 4.95%
Net Assets in Top 10 630 M 33.5 K 17.9 B 34.07%
Weighting of Top 10 47.25% 14.3% 84.3% 62.09%

Top 10 Holdings

  1. Microsoft Corp 9.09%
  2. Amazon.com Inc 7.22%
  3. Paycom Software Inc 4.50%
  4. Apple Inc 4.44%
  5. CrowdStrike Holdings Inc Class A 4.26%
  6. RingCentral Inc Class A 4.03%
  7. Okta Inc A 3.71%
  8. Zscaler Inc 3.65%
  9. Samsung Electronics Co Ltd 3.40%
  10. Atlassian Corporation PLC A 2.94%

Asset Allocation

Weighting Return Low Return High DRGTX % Rank
Stocks
91.93% 66.31% 100.29% 97.25%
Cash
8.07% -0.29% 33.69% 3.30%
Preferred Stocks
0.00% 0.00% 1.04% 92.31%
Other
0.00% -1.03% 6.59% 92.31%
Convertible Bonds
0.00% 0.00% 0.11% 91.76%
Bonds
0.00% 0.00% 2.02% 91.76%

Stock Sector Breakdown

Weighting Return Low Return High DRGTX % Rank
Technology
73.85% 27.00% 99.44% 27.47%
Communication Services
11.21% 0.00% 39.87% 61.54%
Consumer Cyclical
10.78% 0.00% 31.80% 43.41%
Healthcare
1.84% 0.00% 33.92% 35.16%
Industrials
1.20% 0.00% 26.06% 54.40%
Consumer Defense
0.72% 0.00% 10.34% 13.19%
Financial Services
0.39% 0.00% 42.12% 80.77%
Utilities
0.00% 0.00% 5.23% 91.76%
Real Estate
0.00% 0.00% 11.22% 93.96%
Energy
0.00% 0.00% 1.12% 93.41%
Basic Materials
0.00% 0.00% 3.58% 92.31%

Stock Geographic Breakdown

Weighting Return Low Return High DRGTX % Rank
US
81.77% 43.10% 99.02% 65.38%
Non US
10.16% 0.56% 55.78% 54.40%

Expenses

DRGTX - Expenses

Operational Fees

DRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.21% 0.10% 26.92% 56.25%
Management Fee 1.19% 0.09% 1.95% 93.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.30% 0.04% 0.50% 85.71%

Sales Fees

DRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DRGTX 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.

DRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 109.00% 0.00% 732.00% 88.37%

Distributions

DRGTX - Distributions

Dividend Yield Analysis

DRGTX Category Low Category High DRGTX % Rank
Dividend Yield 0.00% 0.00% 9.62% 91.76%

Dividend Distribution Analysis

DRGTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

DRGTX Category Low Category High DRGTX % Rank
Net Income Ratio -0.69% -2.08% 1.95% 69.89%

Capital Gain Distribution Analysis

DRGTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

DRGTX - Fund Manager Analysis

Managers

Huachen Chen


Start Date

Tenure

Tenure Rank

Dec 27, 1995

24.36

24.4%

Mr. Chen is a senior portfolio manager and a managing director with Allianz Global Investors, which he joined in 1984. He is co-lead portfolio manager of the Global Technology strategy. Mr. Chen previously worked for IBM and Intel Corporation, where he had responsibilities for semiconductor process engineering. Mr. Chen has a B.S. in materials science and engineering from Cornell University, an M.S. in materials science and engineering from Northwestern University and an M.B.A. from the University of California, Berkeley. He is a CFA charterholder.

Walter Price


Start Date

Tenure

Tenure Rank

Dec 27, 1995

24.36

24.4%

Mr. Price is a senior portfolio manager and managing director with Allianz Global Investors, which he joined in 1974. He is co-lead portfolio manager of the Global Technology strategy. He previously worked for Colonial Management, an investment advisory firm in Boston, where he became a senior analyst responsible for the chemical industry and the technology area.

Michael Seidenberg


Start Date

Tenure

Tenure Rank

Aug 28, 2018

1.67

1.7%

Mr. Seidenberg is a portfolio manager, an analyst and a director with Allianz Global Investors, which he joined in 2009. He is a member of the Global Technology team in the US. Before joining the firm, he worked at a number of hedge funds, including Pequot Capital and Andor Capital. Before that, Mr. Seidenberg covered a range of technology sectors at Citadel Investment Group. He has also worked in the software industry and at Oracle Corporation, and was previously at Roche Laboratories in pharmaceutical and biotechnology sales. Mr. Seidenberg has a B.S. in business administration from the University of Colorado and an M.B.A. with concentrations in finance and accounting from Columbia Business School.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 30.35 8.23 4.8