FMABX: AIG Multi-Asset Allocation B

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FMABX AIG Multi-Asset Allocation B

  • Fund
  • FMABX
  • Price as of: Oct 18, 2019
  • $17.79 - $0.03 - 0.17%
  • Fund Company
  • AIG

FMABX - Profile

Vitals

  • YTD Return 9.6%
  • 3 Yr Annualized Return 4.3%
  • 5 Yr Annualized Return 3.6%
  • Net Assets $221 M
  • Holdings in Top 10 84.2%

52 WEEK LOW AND HIGH

$17.79
$15.67
$18.15

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 7.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$500

IRA

$250

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 9.6%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AIG Multi-Asset Allocation Fund
  • Fund Family Name AIG
  • Inception Date Nov 08, 2002
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Douglas A. Loeffler

Fund Description

The fund uses a fund of funds strategy. The principal investment technique of the fund is allocation of assets among a combination of AIG funds that invest in equity and fixed income securities. It allocates 50% of its assets in Domestic Equity Securities, 20% in Fixed-Income Securities, 10% in Foreign Equity Securities, 10% in Commodity Strategy and 10% in Global Strategy.

FMABX - Performance

Return Ranking - Trailing

Period FMABX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -38.7% 29.2% 57.20%
1 Yr -3.2% -95.4% 33.0% 84.80%
3 Yr 4.3%* -63.0% 25.2% 26.70%
5 Yr 3.6%* -45.7% 13.4% 25.88%
10 Yr 5.0%* -38.1% 15.4% 41.57%

* Annualized


Return Ranking - Calendar

Period FMABX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.6% -93.5% 19.0% 65.48%
2017 11.2% -44.7% 46.3% 9.18%
2016 8.8% -84.5% 146.1% 7.59%
2015 -5.1% -40.7% 14.6% 33.81%
2014 3.4% -35.0% 306.6% 22.13%

Total Return Ranking - Trailing

Period FMABX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.6% -38.7% 29.2% 58.32%
1 Yr -7.0% -26.5% 33.0% 93.52%
3 Yr 3.3%* -50.0% 25.2% 65.41%
5 Yr 3.2%* -40.3% 13.4% 63.75%
10 Yr 5.0%* -38.1% 15.4% 73.37%

* Annualized


Total Return Ranking - Calendar

Period FMABX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.9% -27.2% 19.0% 72.26%
2017 13.0% -44.7% 46.3% 24.86%
2016 9.4% -84.5% 146.1% 16.51%
2015 -4.3% -36.9% 14.6% 66.58%
2014 4.2% -35.0% 306.6% 61.34%

NAV & Total Return History

FMABX - Holdings

Concentration Analysis

FMABX Category Low Category High FMABX % Rank
Net Assets 221 M 595 K 150 B 57.26%
Number of Holdings 16 2 13619 82.60%
Net Assets in Top 10 185 M -206 M 29 B 42.54%
Weighting of Top 10 84.22% 9.0% 808.8% 24.06%

Top 10 Holdings

  1. AIG US Government Securities A 10.55%

  2. AIG Income Explorer A 10.42%

  3. AIG Select Dividend Growth A 9.92%

  4. AIG Small-Cap A 9.91%

  5. AIG Strategic Value A 9.88%

  6. AIG Commodity Strategy A 9.51%

  7. AIG ESG Dividend A 6.93%

  8. AIG International Dividend Strategy A 6.56%

  9. AIG Focused Growth A 6.08%

  10. AIG Strategic Bond A 4.48%


Asset Allocation

Weighting Return Low Return High FMABX % Rank
Stocks
62.06% -41.01% 85.51% 14.41%
Bonds
27.20% -35.77% 80.79% 85.88%
Other
4.53% -36.58% 100.69% 12.52%
Cash
3.79% -46.53% 72.58% 51.59%
Preferred Stocks
1.40% 0.00% 49.94% 17.50%
Convertible Bonds
1.02% 0.00% 84.63% 19.88%

Stock Sector Breakdown

Weighting Return Low Return High FMABX % Rank
Consumer Cyclical
12.79% -10.48% 41.19% 2.02%
Technology
9.86% -18.03% 25.15% 34.61%
Financial Services
8.16% -7.21% 29.64% 42.18%
Industrials
8.13% -2.39% 24.11% 11.30%
Consumer Defense
5.96% -4.20% 11.56% 9.59%
Healthcare
5.59% -6.04% 21.65% 49.04%
Basic Materials
3.43% -1.69% 15.06% 6.36%
Energy
2.71% -2.02% 67.98% 41.37%
Real Estate
2.11% -8.18% 50.99% 41.98%
Communication Services
2.00% -6.69% 6.14% 30.17%
Utilities
1.20% -2.30% 56.62% 53.08%

Stock Geographic Breakdown

Weighting Return Low Return High FMABX % Rank
US
49.31% -41.02% 95.72% 33.60%
Non US
12.75% -71.32% 29.49% 12.82%

Bond Sector Breakdown

Weighting Return Low Return High FMABX % Rank
Corporate
13.94% -8.79% 89.89% 62.72%
Government
10.17% -149.28% 80.79% 58.75%
Securitized
4.99% 0.00% 45.59% 62.43%
Cash & Equivalents
3.79% -46.36% 335.52% 51.99%
Municipal
0.42% 0.00% 58.02% 18.59%
Derivative
0.05% -84.86% 22.55% 13.32%

Bond Geographic Breakdown

Weighting Return Low Return High FMABX % Rank
US
24.39% -36.43% 358.36% 85.49%
Non US
2.81% -302.38% 19.59% 60.24%

FMABX - Expenses

Operational Fees

FMABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.00% 18.45% 56.77%
Management Fee 0.10% 0.00% 2.00% 18.01%
12b-1 Fee 0.65% 0.00% 1.00% 72.82%
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

FMABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 4.00% 1.00% 5.50% 13.45%

Trading Fees

FMABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 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.

FMABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 0.00% 1225.00% 8.47%

FMABX - Distributions

Dividend Yield Analysis

FMABX Category Low Category High FMABX % Rank
Dividend Yield 1.85% 0.00% 11.55% 17.69%

Dividend Distribution Analysis

FMABX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FMABX Category Low Category High FMABX % Rank
Net Income Ratio 0.71% -4.09% 6.65% 84.85%

Capital Gain Distribution Analysis

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

FMABX - Managers

Douglas A. Loeffler

Manager

Start Date

Tenure

Tenure Rank

May 01, 2015

4.42

4.4%

Mr. Loeffler joined American International Group, Inc. (“AIG”) in 2007 as Vice President of the Investment Product Management Group, based in Woodland Hills, California. In this role Mr. Loeffler led the manager review and oversight for affiliated variable annuity portfolios advised by SunAmerica, in addition to being responsible for AIG Variable Annuity’s separate account investments. In 2015, Mr. Loeffler becamed Senior Portfolio Manager for the Portfolio’s Fund-of-Funds Component. Mr. Loeffler participates in the manager selection process and portfolio reviews. Joining Principal in 2004, he has 16 years of investment experience including 14 years in the mutual fund industry (Scudder and Founders Asset Management). His background includes quantitative analysis, fundamental analysis and portfolio management focusing on non-U.S. stocks. Mr. Loeffler earned an MBA in Finance at the University of Chicago and a degree in Economics.


Manisha Singh

Manager

Start Date

Tenure

Tenure Rank

Nov 03, 2017

1.91

1.9%

Ms. Singh joined AIG in 2017 as Co-Portfolio Manager. Prior to joining AIG, Ms. Singh served as Director, Manager Research team in Wealth Management at Ameriprise Financial Services, Inc. She joined Ameriprise in 2008, where she served as a portfolio manager for a suite of discretionary fund-of-funds portfolios, and a senior manager research analyst for unaffiliated mutual funds and separately managed accounts.


Tenure Analysis

Category Low

0.0

Category High

35.77

Category Average

6.83

Category Mode

7.37