AllianzGI Global Allocation R
Name
As of 05/21/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.7%
1 yr return
25.3%
3 Yr Avg Return
8.8%
5 Yr Avg Return
8.5%
Net Assets
$297 M
Holdings in Top 10
57.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.34%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 141.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/21/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AGARX - Profile
Distributions
- YTD Total Return 3.7%
- 3 Yr Annualized Total Return 8.8%
- 5 Yr Annualized Total Return 8.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.94%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVirtus AllianzGI Global Allocation Fund
-
Fund Family NameAllianz Funds
-
Inception DateMay 04, 2009
-
Shares Outstanding2189
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Pietranico
Fund Description
AGARX - Performance
Return Ranking - Trailing
Period | AGARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.8% | 22.0% | 92.37% |
1 Yr | 25.3% | -7.2% | 72.0% | 70.51% |
3 Yr | 8.8%* | -26.7% | 16.6% | 30.79% |
5 Yr | 8.5%* | 2.4% | 15.4% | 37.77% |
10 Yr | 5.4%* | -2.0% | 10.8% | 69.44% |
* Annualized
Return Ranking - Calendar
Period | AGARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.0% | -21.0% | 24.5% | 36.30% |
2022 | 7.1% | -46.3% | 27.8% | 87.90% |
2021 | -14.0% | -41.9% | 1.5% | 80.30% |
2020 | 5.3% | -100.0% | 20.6% | 91.03% |
2019 | 1.4% | -17.0% | 209.2% | 76.30% |
Total Return Ranking - Trailing
Period | AGARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.8% | 22.0% | 92.37% |
1 Yr | 25.3% | -7.2% | 72.0% | 63.46% |
3 Yr | 8.8%* | -26.7% | 16.6% | 27.19% |
5 Yr | 8.5%* | 2.4% | 15.4% | 32.93% |
10 Yr | 5.4%* | -2.0% | 10.8% | 66.36% |
* Annualized
Total Return Ranking - Calendar
Period | AGARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.0% | -21.0% | 24.5% | 36.30% |
2022 | 7.1% | -46.3% | 27.8% | 87.90% |
2021 | -8.9% | -41.9% | 1.5% | 42.86% |
2020 | 16.7% | -100.0% | 23.1% | 20.11% |
2019 | 3.3% | -9.5% | 216.9% | 71.97% |
NAV & Total Return History
AGARX - Holdings
Concentration Analysis
AGARX | Category Low | Category High | AGARX % Rank | |
---|---|---|---|---|
Net Assets | 297 M | 14 K | 108 B | 56.11% |
Number of Holdings | 624 | 2 | 2525 | 26.51% |
Net Assets in Top 10 | 162 M | -105 M | 20.2 B | 47.18% |
Weighting of Top 10 | 57.44% | 8.9% | 100.0% | 31.64% |
Top 10 Holdings
- Virtus AllianzGI Global Sust Instl 28.53%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
- Us 2yr Note (Cbt) Dec20 Xcbt 20201231 9.41%
Asset Allocation
Weighting | Return Low | Return High | AGARX % Rank | |
---|---|---|---|---|
Stocks | 65.66% | -10.07% | 96.66% | 45.93% |
Bonds | 32.25% | -22.81% | 83.99% | 25.26% |
Cash | 1.36% | -115.78% | 92.14% | 84.13% |
Convertible Bonds | 0.54% | 0.00% | 29.25% | 27.77% |
Preferred Stocks | 0.17% | -0.01% | 36.88% | 41.96% |
Other | 0.02% | -1.83% | 215.78% | 61.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AGARX % Rank | |
---|---|---|---|---|
Technology | 21.82% | 0.00% | 40.91% | 9.09% |
Financial Services | 16.11% | 0.00% | 28.17% | 38.05% |
Healthcare | 14.25% | 0.00% | 34.73% | 8.46% |
Industrials | 11.98% | 0.16% | 36.53% | 36.15% |
Consumer Cyclical | 10.12% | 0.00% | 32.27% | 48.20% |
Consumer Defense | 8.77% | 0.00% | 31.11% | 26.00% |
Communication Services | 5.82% | 0.00% | 30.00% | 68.92% |
Basic Materials | 4.38% | 0.00% | 26.39% | 72.73% |
Utilities | 2.76% | 0.00% | 34.14% | 56.66% |
Energy | 2.27% | 0.00% | 38.54% | 83.51% |
Real Estate | 1.73% | 0.00% | 82.01% | 84.14% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AGARX % Rank | |
---|---|---|---|---|
US | 38.24% | -5.19% | 89.61% | 31.94% |
Non US | 27.42% | -4.88% | 60.39% | 63.88% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AGARX % Rank | |
---|---|---|---|---|
Government | 33.33% | 0.00% | 85.51% | 38.00% |
Corporate | 23.95% | 0.00% | 99.55% | 56.99% |
Securitized | 23.01% | 0.00% | 75.11% | 12.11% |
Cash & Equivalents | 11.76% | 0.45% | 100.00% | 69.10% |
Derivative | 7.94% | 0.00% | 40.07% | 11.69% |
Municipal | 0.02% | 0.00% | 13.49% | 33.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AGARX % Rank | |
---|---|---|---|---|
US | 28.67% | -37.39% | 51.73% | 13.36% |
Non US | 3.58% | 0.00% | 41.42% | 65.97% |
AGARX - Expenses
Operational Fees
AGARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.34% | 0.01% | 22.80% | 37.45% |
Management Fee | 0.70% | 0.00% | 1.90% | 55.76% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 69.96% |
Administrative Fee | N/A | 0.01% | 0.70% | 98.37% |
Sales Fees
AGARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
AGARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 39.29% |
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.
AGARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 141.00% | 0.00% | 464.61% | 85.96% |
AGARX - Distributions
Dividend Yield Analysis
AGARX | Category Low | Category High | AGARX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.30% | 0.00% | 6.33% | 99.59% |
Dividend Distribution Analysis
AGARX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
AGARX | Category Low | Category High | AGARX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.94% | -2.24% | 6.33% | 78.39% |
Capital Gain Distribution Analysis
AGARX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 21, 2019 | $0.082 | |
Sep 20, 2018 | $0.005 | |
Jun 21, 2018 | $0.009 | |
Mar 22, 2018 | $0.021 | |
Sep 21, 2017 | $0.025 | |
Jun 22, 2017 | $0.002 | |
Mar 16, 2017 | $0.047 | |
Dec 29, 2016 | $0.148 | |
Sep 22, 2016 | $0.000 | |
Mar 17, 2016 | $0.052 | |
Sep 17, 2015 | $0.016 | |
Jun 18, 2015 | $0.022 | |
Mar 19, 2015 | $0.115 | |
Sep 18, 2014 | $0.057 | |
Jun 19, 2014 | $0.040 | |
Mar 20, 2014 | $0.092 | |
Dec 19, 2013 | $0.058 | |
Sep 19, 2013 | $0.053 | |
Jun 20, 2013 | $0.049 | |
Mar 21, 2013 | $0.137 | |
Dec 27, 2012 | $0.171 | |
Sep 20, 2012 | $0.053 | |
Jun 21, 2012 | $0.043 | |
Mar 22, 2012 | $0.085 | |
Dec 29, 2011 | $0.111 | |
Sep 22, 2011 | $0.062 | |
Jun 16, 2011 | $0.050 | |
Mar 17, 2011 | $0.037 | |
Dec 30, 2010 | $0.214 | |
Sep 16, 2010 | $0.051 | |
Jun 17, 2010 | $0.084 | |
Mar 18, 2010 | $0.023 | |
Dec 30, 2009 | $0.192 | |
Sep 17, 2009 | $0.045 | |
Jun 18, 2009 | $0.049 |
AGARX - Fund Manager Analysis
Managers
Paul Pietranico
Start Date
Tenure
Tenure Rank
May 04, 2009
12.0
12.0%
Paul is a Director of Allianz Global Investors Multi Asset US and is Lead Portfolio Manager of the Active Allocation Strategies Team, which he joined in 2005. Paul has investment-industry experience since 1995. He previously worked at Charles Schwab & Co., focusing on research related to asset allocation, portfolio optimization, retirement planning and investment-manager due diligence. Paul has a B.S. in physics, a master’s degree. in philosophy of science, and a master’s degree in engineering economic systems and operations research from Stanford University. He is a CFA charterholder.
Heather Bergman
Start Date
Tenure
Tenure Rank
Feb 01, 2017
4.24
4.2%
Heather Bergman is a portfolio manager and a director with AllianzGI, which she joined in 2011. As a member of the Multi Asset US team, she manages Active Allocation strategies and investment functions around the 529 college savings portfolios. She also focuses on the due diligence efforts into underlying investment strategies in the US for both internal and external managers and actively contributes to the team’s Fundamental research. Heather has 14 years of industry experience. Heather previously taught at the University of California Los Angeles. Before that, she was an analyst at a global hedge fund. Ms. Bergman has a B.A. from Georgetown University, an M.A. from Columbia University and a Ph.D. in international political economy from University of California Los Angeles.
Carl Pappo
Start Date
Tenure
Tenure Rank
Oct 11, 2019
1.55
1.6%
Mr. Pappo is CIO US Fixed Income and a managing director with Allianz Global Investors, which he joined in 2017. As the leader of the US Fixed Income team, his responsibilities include chairing the core strategy team (which sets portfolio risk allocations) and acting as lead portfolio manager for a number of strategies. Mr. Pappo previously worked at Columbia Threadneedle Investments, where he was head of the core fixed-income team; earlier at the firm, he led the credit team and the investment grade research team. Before that, Mr. Pappo worked at Fleet Investment Advisors where he managed taxable fixed-income funds and institutional portfolios. He began his career as a corporate bond trader. Mr. Pappo has a B.S. in accounting from Babson College. He is a CFA charterholder.
Michael Heldmann
Start Date
Tenure
Tenure Rank
Nov 20, 2020
0.44
0.4%
Mr. Heldmann is a senior portfolio manager, a director and Head of Best Styles North America with Allianz Global Investors, which he joined in 2007. He is responsible for developing the Best Styles US Equity team while building on its research capabilities. Mr. Heldmann previously managed Best Styles Emerging Markets and Best Styles Europe Equity products. Before joining the firm, Mr. Heldmann worked for the international laboratory CERN in Geneva, Switzerland, as a particle physics researcher. He has a master’s degree in physics from the University of Mainz, Germany, and a Ph.D. from the University of Freiburg, Germany. Mr. Heldmann is a CFA charterholder.
Claudio Marsala
Start Date
Tenure
Tenure Rank
Feb 01, 2021
0.24
0.2%
Claudio Marsala is Head of Multi Asset US and a Director with Allianz Global Investors, which he joined in 2001. Claudio previously led the quantitative efforts of the firm’s Multi Asset team in Italy, focusing on systematic multi-asset products. Before that, he worked in risk management. Claudio Marsala has worked in the investment-industry since 2001. He has a degree in economics and financial markets from the University of Pisa in Italy, and a master’s degree in quantitative finance from the University of Turin.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 29.35 | 6.4 | 8.33 |