RCGTX: AllianzGI Technology C

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RCGTX AllianzGI Technology C


Profile

RCGTX - Profile

Vitals

  • YTD Return -10.9%
  • 3 Yr Annualized Return -11.9%
  • 5 Yr Annualized Return -8.4%
  • Net Assets $1.54 B
  • Holdings in Top 10 48.0%

52 WEEK LOW AND HIGH

$31.42
$28.06
$47.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.31%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 109.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

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

Distributions

  • YTD Total Return -11.5%
  • 3 Yr Annualized Total Return -12.1%
  • 5 Yr Annualized Total Return -8.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.78%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AllianzGI Technology Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Feb 05, 2002
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Walter Price

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

RCGTX - Performance

Return Ranking - Trailing

Period RCGTX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.9% -25.6% 6.1% 8.89%
1 Yr -29.9% -34.9% 33.2% 94.89%
3 Yr -11.9%* -31.6% 20.8% 98.75%
5 Yr -8.4%* -20.8% 14.8% 98.62%
10 Yr -1.0%* -5.6% 14.3% 96.36%

* Annualized

Return Ranking - Calendar

Period RCGTX Return Category Return Low Category Return High Rank in Category (%)
2019 -3.0% -3.0% 62.7% 100.00%
2018 -23.5% -49.7% 4.3% 85.98%
2017 18.2% -17.3% 55.5% 88.96%
2016 -3.1% -17.1% 32.1% 86.90%
2015 -13.3% -17.6% 11.6% 97.24%

Total Return Ranking - Trailing

Period RCGTX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.5% -26.6% 6.1% 5.56%
1 Yr -30.4% -35.3% 33.2% 94.89%
3 Yr -12.1%* -32.1% 18.4% 99.38%
5 Yr -8.5%* -21.2% 22.9% 99.31%
10 Yr -1.1%* -5.8% 19.0% 96.36%

* Annualized

Total Return Ranking - Calendar

Period RCGTX Return Category Return Low Category Return High Rank in Category (%)
2019 -3.0% -3.0% 62.7% 100.00%
2018 -23.5% -49.7% 5.1% 89.63%
2017 18.2% -17.3% 55.5% 93.51%
2016 -3.1% -17.1% 32.8% 96.55%
2015 -13.3% -13.9% 83.1% 99.31%

NAV & Total Return History


Holdings

RCGTX - Holdings

Concentration Analysis

RCGTX Category Low Category High RCGTX % Rank
Net Assets 1.54 B 87.9 K 27.8 B 29.44%
Number of Holdings 166 22 384 5.00%
Net Assets in Top 10 756 M 33.5 K 16 B 22.78%
Weighting of Top 10 47.96% 14.3% 84.3% 54.44%

Top 10 Holdings

  1. Microsoft Corp 8.97%
  2. Paycom Software Inc 7.07%
  3. Amazon.com Inc 4.51%
  4. Alphabet Inc Class C 4.22%
  5. RingCentral Inc Class A 4.15%
  6. CrowdStrike Holdings Inc Class A 4.10%
  7. Okta Inc A 3.92%
  8. Apple Inc 3.82%
  9. Twilio Inc A 3.62%
  10. Alteryx Inc Class A 3.58%

Asset Allocation

Weighting Return Low Return High RCGTX % Rank
Stocks
94.72% 85.22% 100.04% 85.56%
Cash
5.28% 0.00% 14.61% 10.56%
Preferred Stocks
0.00% 0.00% 1.04% 80.00%
Other
0.00% -1.65% 6.59% 74.44%
Convertible Bonds
0.00% 0.00% 0.10% 77.22%
Bonds
0.00% 0.00% 0.13% 78.33%

Stock Sector Breakdown

Weighting Return Low Return High RCGTX % Rank
Technology
76.26% 28.03% 100.00% 27.22%
Communication Services
11.95% 0.00% 43.22% 52.22%
Consumer Cyclical
5.50% 0.00% 31.80% 58.89%
Financial Services
4.17% 0.00% 40.81% 55.56%
Industrials
1.59% 0.00% 33.78% 48.89%
Healthcare
0.52% 0.00% 33.19% 53.89%
Utilities
0.00% 0.00% 3.80% 76.67%
Real Estate
0.00% 0.00% 8.76% 83.89%
Energy
0.00% 0.00% 1.12% 76.67%
Consumer Defense
0.00% 0.00% 6.01% 84.44%
Basic Materials
0.00% 0.00% 3.13% 79.44%

Stock Geographic Breakdown

Weighting Return Low Return High RCGTX % Rank
US
88.48% 43.10% 99.26% 36.67%
Non US
6.24% 0.54% 55.78% 82.78%

Expenses

RCGTX - Expenses

Operational Fees

RCGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.31% 0.10% 26.92% 10.80%
Management Fee 1.29% 0.09% 1.95% 97.21%
12b-1 Fee 1.00% 0.00% 1.00% 93.64%
Administrative Fee 0.40% 0.04% 0.50% 91.84%

Sales Fees

RCGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 83.33%

Trading Fees

RCGTX 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.

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

Distributions

RCGTX - Distributions

Dividend Yield Analysis

RCGTX Category Low Category High RCGTX % Rank
Dividend Yield 0.00% 0.00% 12.20% 77.78%

Dividend Distribution Analysis

RCGTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RCGTX Category Low Category High RCGTX % Rank
Net Income Ratio -1.78% -2.08% 1.32% 97.73%

Capital Gain Distribution Analysis

RCGTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RCGTX - Fund Manager Analysis

Managers

Walter Price


Start Date

Tenure

Tenure Rank

Dec 27, 1995

24.19

24.2%

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.

Huachen Chen


Start Date

Tenure

Tenure Rank

Dec 27, 1995

24.19

24.2%

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.

Michael Seidenberg


Start Date

Tenure

Tenure Rank

Aug 28, 2018

1.51

1.5%

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
0.25 30.18 8.14 6.01