AllianzGI Structured Return P
Name
As of 12/14/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-33.3%
1 yr return
-33.1%
3 Yr Avg Return
-10.4%
5 Yr Avg Return
-4.7%
Net Assets
$21.9 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/14/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AZIPX - Profile
Distributions
- YTD Total Return -33.3%
- 3 Yr Annualized Total Return -10.4%
- 5 Yr Annualized Total Return -4.7%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.75%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAllianzGI Structured Return Fund
-
Fund Family NameAllianz Funds
-
Inception DateDec 03, 2012
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGreg Tournant
Fund Description
AZIPX - Performance
Return Ranking - Trailing
Period | AZIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -33.3% | -34.0% | 896.0% | 98.70% |
1 Yr | -33.1% | -33.8% | 27.8% | 98.70% |
3 Yr | -10.4%* | -12.6% | 16.9% | 98.08% |
5 Yr | -4.7%* | -6.3% | 14.7% | 93.69% |
10 Yr | N/A* | -5.0% | 13.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | AZIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -28.6% | 28.4% | 90.06% |
2022 | -2.8% | -93.5% | 8.2% | 14.00% |
2021 | 1.2% | -38.9% | 19.8% | 74.63% |
2020 | 0.7% | -10.9% | 12.8% | 65.42% |
2019 | 2.1% | -31.0% | 6.6% | 13.48% |
Total Return Ranking - Trailing
Period | AZIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -33.3% | -34.0% | 896.0% | 98.70% |
1 Yr | -33.1% | -36.9% | 27.8% | 98.70% |
3 Yr | -10.4%* | -12.6% | 16.9% | 98.08% |
5 Yr | -4.7%* | -6.3% | 14.7% | 93.69% |
10 Yr | N/A* | -5.0% | 13.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AZIPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -5.9% | 28.4% | 90.61% |
2022 | -0.2% | -30.9% | 8.2% | 8.00% |
2021 | 5.4% | -23.4% | 19.8% | 74.63% |
2020 | 3.8% | -10.9% | 12.8% | 54.21% |
2019 | 4.5% | -31.0% | 8.0% | 10.11% |
NAV & Total Return History
AZIPX - Holdings
Concentration Analysis
AZIPX | Category Low | Category High | AZIPX % Rank | |
---|---|---|---|---|
Net Assets | 21.9 M | 1.22 M | 13.8 B | 87.75% |
Number of Holdings | 351 | 1 | 508 | 2.40% |
Net Assets in Top 10 | 24.4 M | -2.94 M | 4.48 B | 79.60% |
Weighting of Top 10 | N/A | 13.7% | 100.0% | 2.07% |
Top 10 Holdings
- United States Treasury Bills 0% 81.06%
- United States Treasury Bills 0% 65.29%
- United States Treasury Bills 0% 60.89%
- United States Treasury Bills 0% 15.37%
- United States Treasury Bills 0% 14.27%
- United States Treasury Bills 0% 13.40%
- United States Treasury Bills 0% 11.82%
- United States Treasury Bills 0% 11.50%
- United States Treasury Bills 0% 10.98%
- United States Treasury Bills 0% 10.23%
Asset Allocation
Weighting | Return Low | Return High | AZIPX % Rank | |
---|---|---|---|---|
Cash | 101.01% | -30.23% | 101.01% | 0.80% |
Preferred Stocks | 0.00% | 0.00% | 5.26% | 44.00% |
Other | 0.00% | -5.49% | 65.87% | 52.80% |
Convertible Bonds | 0.00% | 0.00% | 26.56% | 46.40% |
Bonds | 0.00% | 0.00% | 97.01% | 49.60% |
Stocks | -1.01% | -1.69% | 100.08% | 95.60% |
AZIPX - Expenses
Operational Fees
AZIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.20% | 9.76% | 77.78% |
Management Fee | 0.60% | 0.00% | 1.75% | 16.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.28% | 78.45% |
Sales Fees
AZIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
AZIPX 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.
AZIPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 0.00% | 456.80% | 44.04% |
AZIPX - Distributions
Dividend Yield Analysis
AZIPX | Category Low | Category High | AZIPX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.06% | 0.00% | 8.96% | 49.80% |
Dividend Distribution Analysis
AZIPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
AZIPX | Category Low | Category High | AZIPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.75% | -2.13% | 14.24% | 48.94% |
Capital Gain Distribution Analysis
AZIPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2018 | $0.054 | |
Dec 21, 2017 | $0.148 | |
Dec 22, 2016 | $0.121 | |
Dec 17, 2015 | $0.183 | |
Dec 18, 2014 | $0.000 |
AZIPX - Fund Manager Analysis
Managers
Greg Tournant
Start Date
Tenure
Tenure Rank
Dec 03, 2012
8.0
8.0%
Mr. Tournant is a lead portfolio manager, a managing director and CIO US Structured Products with Allianz Global Investors, which he joined in 2002. He is also head of the Structured Products team. From 2007-2008 he served as co-CIO at Innovative Options Management where he worked with the team in a sub-advisory capacity. Before that, Mr. Tournant worked at Eagle Asset Management, McKinsey & Co. and Raymond James. He has a B.S. from Trinity University and an M.B.A. from the Kellogg School of Business at Northwestern University.
Stephen Bond-Nelson
Start Date
Tenure
Tenure Rank
Dec 03, 2012
8.0
8.0%
Mr. Bond-Nelson is a portfolio manager and director with Allianz Global Investors, which he joined in 1999. He has portfolio-management and research responsibilities for the Structured Products team. He has a B.S. from Lehigh University and an M.B.A. from Rutgers University.
Trevor Taylor
Start Date
Tenure
Tenure Rank
Dec 03, 2012
8.0
8.0%
Mr. Taylor is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 2008. He has portfolio-management and research responsibilities for the Structured Products team. He was previously co-CIO at Innovative Options Management, where he managed an equity-index option-based hedge fund and option programs on several open-end mutual funds. Before that, he was CIO at TLT Atlantic Asset Management and TLT Capital Corp. Mr. Taylor has a B.A. from the University of Florida.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 19.44 | 3.75 | 5.34 |