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Trending ETFs

Name

As of 09/28/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.72

$42.9 M

8.34%

$0.36

7.46%

Vitals

YTD Return

-2.7%

1 yr return

8.8%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$42.9 M

Holdings in Top 10

42.0%

52 WEEK LOW AND HIGH

$14.7
$14.60
$16.45

Expenses

OPERATING FEES

Expense Ratio 7.46%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

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 09/28/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.72

$42.9 M

8.34%

$0.36

7.46%

AOBIX - Profile

Distributions

  • YTD Total Return -2.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.98%
DIVIDENDS
  • Dividend Yield 8.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AllianzGI Core Bond Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    May 30, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Zazzarino

Fund Description


AOBIX - Performance

Return Ranking - Trailing

Period AOBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -11.6% 952.6% 98.95%
1 Yr 8.8% -4.6% 17.3% 7.28%
3 Yr N/A* 0.9% 8.5% N/A
5 Yr N/A* 0.7% 8.4% N/A
10 Yr N/A* 1.2% 8.1% N/A

* Annualized

Return Ranking - Calendar

Period AOBIX Return Category Return Low Category Return High Rank in Category (%)
2023 0.7% -1.7% 13.9% 98.81%
2022 N/A -10.3% 2.7% N/A
2021 N/A -49.5% 8.1% N/A
2020 N/A -49.3% 192.8% N/A
2019 N/A -12.2% 0.2% N/A

Total Return Ranking - Trailing

Period AOBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -11.6% 952.6% 98.95%
1 Yr 8.8% -7.8% 17.3% 6.50%
3 Yr N/A* 0.3% 8.5% N/A
5 Yr N/A* 0.3% 8.4% N/A
10 Yr N/A* 1.2% 8.1% N/A

* Annualized

Total Return Ranking - Calendar

Period AOBIX Return Category Return Low Category Return High Rank in Category (%)
2023 1.2% -1.7% 13.9% 98.81%
2022 N/A -10.3% 3.9% N/A
2021 N/A -49.5% 102.0% N/A
2020 N/A -22.1% 204.3% N/A
2019 N/A -12.2% 3.7% N/A

NAV & Total Return History


AOBIX - Holdings

Concentration Analysis

AOBIX Category Low Category High AOBIX % Rank
Net Assets 42.9 M 3.16 M 288 B 94.18%
Number of Holdings 214 1 18320 82.69%
Net Assets in Top 10 11.4 M -1.2 B 39.4 B 92.04%
Weighting of Top 10 41.99% 3.6% 100.0% 22.35%

Top 10 Holdings

  1. Us 10yr Ultra Fut Sep20 Xcbt 20200921 9.60%
  2. Us 10yr Ultra Fut Sep20 Xcbt 20200921 9.60%
  3. Us 10yr Ultra Fut Sep20 Xcbt 20200921 9.60%
  4. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 7.99%
  5. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 7.99%
  6. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 7.99%
  7. Us Long Bond(Cbt) Sep20 Xcbt 20200921 5.13%
  8. Us Long Bond(Cbt) Sep20 Xcbt 20200921 5.13%
  9. Us Long Bond(Cbt) Sep20 Xcbt 20200921 5.13%
  10. Fnma Pass-Thru I 3% 3.76%

Asset Allocation

Weighting Return Low Return High AOBIX % Rank
Bonds
91.67% -67.87% 231.56% 75.30%
Cash
5.05% -137.69% 173.81% 42.96%
Convertible Bonds
1.79% 0.00% 8.92% 26.94%
Preferred Stocks
1.49% 0.00% 79.92% 1.94%
Stocks
0.00% -0.17% 12.20% 58.00%
Other
0.00% -9.30% 7.38% 50.83%

Bond Sector Breakdown

Weighting Return Low Return High AOBIX % Rank
Corporate
32.71% 0.00% 97.53% 49.72%
Government
29.96% 0.00% 84.96% 26.30%
Securitized
22.22% 0.00% 97.53% 77.59%
Derivative
11.00% 0.00% 26.28% 3.33%
Cash & Equivalents
4.10% 0.00% 92.47% 60.46%
Municipal
0.00% 0.00% 80.09% 87.13%

Bond Geographic Breakdown

Weighting Return Low Return High AOBIX % Rank
US
87.99% -68.10% 239.68% 40.93%
Non US
3.68% -140.55% 78.28% 82.96%

AOBIX - Expenses

Operational Fees

AOBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 7.46% 0.01% 21.33% 0.39%
Management Fee 0.25% 0.00% 0.85% 14.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

AOBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AOBIX 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.

AOBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 489.00% 97.17%

AOBIX - Distributions

Dividend Yield Analysis

AOBIX Category Low Category High AOBIX % Rank
Dividend Yield 8.34% 0.00% 4.29% 52.49%

Dividend Distribution Analysis

AOBIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AOBIX Category Low Category High AOBIX % Rank
Net Income Ratio 2.98% -0.35% 11.28% 25.00%

Capital Gain Distribution Analysis

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

Distributions History

View More +

AOBIX - Fund Manager Analysis

Managers

Michael Zazzarino


Start Date

Tenure

Tenure Rank

May 30, 2018

2.26

2.3%

Mr. Zazzarino is a senior portfolio manager and a director with Allianz Global Investors, which he joined in 2017. As a member of the US Fixed Income team and a structured specialist, his responsibilities include portfolio management, structured research and trading. He was previously a portfolio manager at Columbia Threadneedle Investments; he was also lead strategist of structured products for the core fixed-income team at the firm. Before that, Mr. Zazzarino was a senior portfolio manager at US Trust, and a portfolio manager, analyst and trader at both Brown Brothers Harriman and Eastbridge Capital. He has a B.S. in mechanical engineering from Lafayette College and an M.B.A. in finance from Columbia Business School.

Stephen Sheehan


Start Date

Tenure

Tenure Rank

May 30, 2018

2.26

2.3%

Mr. Sheehan is a portfolio manager and a vice president with Allianz Global Investors, which he joined in 2017. As a member of the US Fixed Income team and a credit sector specialist, his responsibilities include portfolio management, corporate credit research and trading. Mr. Sheehan has eight years of investment-industry experience. He previously worked at Columbia Threadneedle Investments, where he had portfolio management, research and trading roles; during this time he managed a range of intermediate and long-term fixed-income portfolios. Mr. Sheehan has an A.B. in economics from Harvard College. He is a CFA charterholder. Mr. Sheehan began his investment career in 2009

Carl Pappo


Start Date

Tenure

Tenure Rank

May 30, 2018

2.26

2.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.68 6.89 1.17