AllianzGI Prefd Secs and Inc P
Name
As of 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-15.5%
1 yr return
-6.3%
3 Yr Avg Return
4.1%
5 Yr Avg Return
N/A
Net Assets
$39.6 M
Holdings in Top 10
40.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.60%
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 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
APUPX - Profile
Distributions
- YTD Total Return -15.5%
- 3 Yr Annualized Total Return 4.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.29%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameVirtus Preferred Securities and Income Fund
-
Fund Family NameAllianz Funds
-
Inception DateMay 30, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerCarl Pappo
Fund Description
APUPX - Performance
Return Ranking - Trailing
Period | APUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.5% | -18.4% | 0.1% | 91.49% |
1 Yr | -6.3% | -10.8% | 2.9% | 38.82% |
3 Yr | 4.1%* | -2.2% | 13.5% | 19.75% |
5 Yr | N/A* | -0.3% | 12.6% | N/A |
10 Yr | N/A* | 4.1% | 8.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | APUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.5% | -3.4% | 17.2% | 76.83% |
2022 | 0.6% | -79.5% | 9.0% | 56.25% |
2021 | 12.0% | 6.4% | 28.5% | 48.05% |
2020 | N/A | -15.2% | -3.8% | N/A |
2019 | N/A | -7.3% | 19.0% | N/A |
Total Return Ranking - Trailing
Period | APUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.5% | -19.4% | 0.1% | 80.85% |
1 Yr | -6.3% | -12.2% | 16.6% | 47.62% |
3 Yr | 4.1%* | -3.2% | 13.5% | 28.42% |
5 Yr | N/A* | -1.9% | 12.6% | N/A |
10 Yr | N/A* | 3.3% | 8.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | APUPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.5% | -3.4% | 17.2% | 76.83% |
2022 | 0.6% | -24.8% | 9.0% | 57.50% |
2021 | 12.8% | 6.4% | 28.5% | 49.35% |
2020 | N/A | -14.9% | -1.8% | N/A |
2019 | N/A | -5.0% | 20.6% | N/A |
NAV & Total Return History
APUPX - Holdings
Concentration Analysis
APUPX | Category Low | Category High | APUPX % Rank | |
---|---|---|---|---|
Net Assets | 39.6 M | 12.9 M | 16.4 B | 87.78% |
Number of Holdings | 61 | 27 | 500 | 85.19% |
Net Assets in Top 10 | 15.9 M | 2.06 K | 2.37 B | 72.22% |
Weighting of Top 10 | 40.08% | 12.4% | 48.5% | 13.89% |
Top 10 Holdings
- MetLife Inc. 10.75% 5.63%
- Sempra Energy 4.88% 5.61%
- SVB Financial Group 4.1% 4.84%
- Wells Fargo & Company 5.01% 4.76%
- Regions Financial Corp 4.45% PRF PERPETUAL USD 25 - Ser E 1/40th Int 4.75%
- Delta Air Lines Inc 7% 4.60%
- Bank of America Corporation 6.125% 4.59%
- PNC Financial Services Group Inc 6% 4.56%
- Deutsche Bank AG New York Branch 6% 4.53%
- Credit Suisse Group AG 5.25% 4.51%
Asset Allocation
Weighting | Return Low | Return High | APUPX % Rank | |
---|---|---|---|---|
Bonds | 57.68% | 0.00% | 83.26% | 18.52% |
Preferred Stocks | 31.35% | 2.27% | 115.85% | 53.70% |
Convertible Bonds | 8.12% | 0.00% | 31.65% | 53.70% |
Cash | 2.85% | -27.79% | 5.28% | 20.37% |
Stocks | 0.00% | -2.67% | 34.04% | 98.15% |
Other | 0.00% | -0.16% | 11.21% | 96.30% |
Bond Sector Breakdown
Weighting | Return Low | Return High | APUPX % Rank | |
---|---|---|---|---|
Corporate | 92.92% | 62.31% | 100.00% | 88.89% |
Cash & Equivalents | 7.08% | 0.00% | 8.83% | 6.48% |
Derivative | 0.00% | 0.00% | 12.03% | 98.15% |
Securitized | 0.00% | 0.00% | 0.02% | 95.37% |
Municipal | 0.00% | 0.00% | 0.00% | 95.37% |
Government | 0.00% | 0.00% | 21.71% | 99.07% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | APUPX % Rank | |
---|---|---|---|---|
US | 54.12% | 0.00% | 66.52% | 12.04% |
Non US | 3.56% | 0.00% | 22.86% | 53.70% |
APUPX - Expenses
Operational Fees
APUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.60% | 0.22% | 2.45% | 63.30% |
Management Fee | 0.45% | 0.00% | 1.00% | 12.22% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.55% | 81.48% |
Sales Fees
APUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
APUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
APUPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 199.00% | 92.31% |
APUPX - Distributions
Dividend Yield Analysis
APUPX | Category Low | Category High | APUPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.59% | 34.23% |
Dividend Distribution Analysis
APUPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
APUPX | Category Low | Category High | APUPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.29% | 0.88% | 7.54% | 43.53% |
Capital Gain Distribution Analysis
APUPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 16, 2022 | $0.059 | OrdinaryDividend |
May 19, 2022 | $0.058 | OrdinaryDividend |
Apr 21, 2022 | $0.059 | OrdinaryDividend |
Mar 17, 2022 | $0.060 | OrdinaryDividend |
Jan 20, 2022 | $0.079 | OrdinaryDividend |
Nov 18, 2021 | $0.079 | OrdinaryDividend |
Oct 21, 2021 | $0.070 | OrdinaryDividend |
Sep 16, 2021 | $0.070 | OrdinaryDividend |
Aug 19, 2021 | $0.070 | OrdinaryDividend |
Jul 22, 2021 | $0.070 | OrdinaryDividend |
Jun 17, 2021 | $0.079 | OrdinaryDividend |
May 20, 2021 | $0.079 | OrdinaryDividend |
Apr 22, 2021 | $0.069 | OrdinaryDividend |
Mar 18, 2021 | $0.068 | OrdinaryDividend |
Feb 18, 2021 | $0.054 | OrdinaryDividend |
Jan 21, 2021 | $0.054 | OrdinaryDividend |
Nov 19, 2020 | $0.054 | OrdinaryDividend |
Oct 22, 2020 | $0.054 | OrdinaryDividend |
Sep 17, 2020 | $0.054 | OrdinaryDividend |
Aug 20, 2020 | $0.054 | OrdinaryDividend |
Jul 16, 2020 | $0.054 | OrdinaryDividend |
Jun 18, 2020 | $0.054 | OrdinaryDividend |
May 21, 2020 | $0.054 | OrdinaryDividend |
Apr 16, 2020 | $0.054 | OrdinaryDividend |
Mar 19, 2020 | $0.054 | OrdinaryDividend |
Feb 20, 2020 | $0.059 | OrdinaryDividend |
Jan 16, 2020 | $0.059 | OrdinaryDividend |
Dec 19, 2019 | $0.392 | OrdinaryDividend |
Nov 21, 2019 | $0.059 | OrdinaryDividend |
Oct 17, 2019 | $0.059 | OrdinaryDividend |
Sep 19, 2019 | $0.059 | OrdinaryDividend |
Aug 22, 2019 | $0.059 | OrdinaryDividend |
Jul 18, 2019 | $0.059 | OrdinaryDividend |
Jun 20, 2019 | $0.059 | OrdinaryDividend |
May 16, 2019 | $0.058 | OrdinaryDividend |
Apr 18, 2019 | $0.059 | OrdinaryDividend |
Mar 21, 2019 | $0.053 | OrdinaryDividend |
Feb 21, 2019 | $0.053 | OrdinaryDividend |
Jan 17, 2019 | $0.053 | OrdinaryDividend |
Dec 20, 2018 | $0.087 | OrdinaryDividend |
Nov 15, 2018 | $0.059 | OrdinaryDividend |
Oct 18, 2018 | $0.059 | OrdinaryDividend |
Sep 20, 2018 | $0.054 | OrdinaryDividend |
Aug 16, 2018 | $0.074 | OrdinaryDividend |
Jul 19, 2018 | $0.073 | OrdinaryDividend |
APUPX - Fund Manager Analysis
Managers
Carl Pappo
Start Date
Tenure
Tenure Rank
May 30, 2018
4.01
4.0%
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.
Willow Piersol
Start Date
Tenure
Tenure Rank
May 30, 2018
4.01
4.0%
Ms. Piersol is a portfolio manager, a senior analyst and a director with Allianz Global Investors, which she joined in 2017. As a member of the US Fixed Income team and a credit sector specialist, her responsibilities include portfolio management and corporate credit research. Ms. Piersol was previously a senior corporate credit analyst at Columbia Threadneedle Investments. Before that, Ms. Piersol was a credit analyst and senior portfolio analyst at Putnam Investments; she was also a fixed-income analyst, trader and a fund manager at BankBoston. Ms. Piersol has a B.A. and an M.A. from Boston University. She is a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |