AZNAX: AllianzGI Income & Growth A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

AZNAX AllianzGI Income & Growth A


Profile

AZNAX - Profile

Vitals

  • YTD Return -15.6%
  • 3 Yr Annualized Return -5.6%
  • 5 Yr Annualized Return -5.2%
  • Net Assets $4.83 B
  • Holdings in Top 10 10.0%

52 WEEK LOW AND HIGH

$9.46
$8.50
$11.69

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.29%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 66.00%

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 Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -15.6%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Monthly
  • Net Income Ratio 1.84%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AllianzGI Income & Growth Fund
  • Fund Family Name
    Allianz Funds
  • Inception Date
    Feb 28, 2007
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Forsyth

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

AZNAX - Performance

Return Ranking - Trailing

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.6% -64.3% 54.6% 77.58%
1 Yr -13.5% -70.0% 47.9% 79.63%
3 Yr -5.6%* -32.9% 16.9% 77.97%
5 Yr -5.2%* -32.8% 16.1% 85.58%
10 Yr -2.4%* -34.6% 10.4% 92.34%

* Annualized

Return Ranking - Calendar

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.7% -50.4% 46.8% 56.09%
2018 -11.8% -31.8% 19.0% 70.32%
2017 4.1% -44.7% 46.3% 70.18%
2016 -0.5% -84.5% 146.1% 90.69%
2015 -10.4% -40.7% 14.6% 85.32%

Total Return Ranking - Trailing

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.6% -64.3% 54.6% 77.58%
1 Yr -13.5% -70.0% 47.9% 79.63%
3 Yr -0.6%* -32.9% 16.9% 44.41%
5 Yr 1.5%* -32.8% 16.1% 29.51%
10 Yr 5.4%* -34.6% 10.4% 28.15%

* Annualized

Total Return Ranking - Calendar

Period AZNAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.3% -50.4% 46.8% 40.54%
2018 -4.5% -27.4% 19.0% 27.77%
2017 13.5% -44.7% 46.3% 23.20%
2016 9.5% -84.5% 146.1% 15.69%
2015 -2.1% -36.9% 14.6% 42.11%

NAV & Total Return History


Holdings

AZNAX - Holdings

Concentration Analysis

AZNAX Category Low Category High AZNAX % Rank
Net Assets 4.83 B 181 K 155 B 12.62%
Number of Holdings 514 2 13816 23.26%
Net Assets in Top 10 500 M -39.4 M 33.7 B 28.65%
Weighting of Top 10 9.99% 5.5% 100.0% 99.56%

Top 10 Holdings

  1. Apple Inc 1.22%
  2. Amazon.com Inc 1.20%
  3. Microsoft Corp 1.19%
  4. Alphabet Inc A 1.07%
  5. Visa Inc Class A 1.04%
  6. Facebook Inc A 1.04%
  7. Microchip Technology Incorporated 1.62% 0.88%
  8. Tesla Inc 1.25% 0.84%
  9. NVIDIA Corp 0.78%
  10. UnitedHealth Group Inc 0.73%

Asset Allocation

Weighting Return Low Return High AZNAX % Rank
Stocks
34.24% -41.01% 78.13% 66.91%
Bonds
29.55% -4.03% 79.95% 78.65%
Convertible Bonds
26.08% -0.84% 52.57% 0.95%
Cash
5.47% -102.09% 78.43% 41.86%
Preferred Stocks
4.66% 0.00% 44.10% 8.46%
Other
0.00% -41.44% 154.72% 83.72%

Stock Sector Breakdown

Weighting Return Low Return High AZNAX % Rank
Technology
29.83% 0.00% 72.78% 1.96%
Healthcare
17.70% 0.00% 63.75% 7.61%
Consumer Cyclical
12.13% 0.00% 37.12% 10.87%
Financial Services
10.56% 0.00% 62.98% 84.89%
Industrials
9.51% 0.00% 99.44% 59.57%
Communication Services
9.40% 0.00% 32.16% 29.13%
Consumer Defense
5.74% 0.00% 17.78% 72.72%
Energy
2.35% 0.00% 100.00% 86.96%
Basic Materials
1.57% 0.00% 19.70% 83.15%
Real Estate
0.73% -2.05% 100.00% 88.91%
Utilities
0.47% 0.00% 100.00% 86.30%

Stock Geographic Breakdown

Weighting Return Low Return High AZNAX % Rank
US
33.14% -41.02% 76.29% 56.13%
Non US
1.10% -1.50% 32.14% 80.87%

Bond Sector Breakdown

Weighting Return Low Return High AZNAX % Rank
Corporate
91.67% 0.00% 100.00% 3.28%
Cash & Equivalents
8.33% -3.87% 100.00% 59.73%
Derivative
0.00% -3.25% 55.67% 78.96%
Securitized
0.00% 0.00% 67.23% 92.28%
Municipal
0.00% 0.00% 99.77% 81.50%
Government
0.00% -0.45% 98.49% 96.51%

Bond Geographic Breakdown

Weighting Return Low Return High AZNAX % Rank
US
28.15% -5.28% 84.24% 74.52%
Non US
1.40% -12.68% 26.09% 76.22%

Expenses

AZNAX - Expenses

Operational Fees

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.02% 18.45% 37.23%
Management Fee 1.02% 0.00% 2.00% 92.38%
12b-1 Fee 0.25% 0.00% 1.00% 42.71%
Administrative Fee 0.40% 0.01% 0.83% 98.89%

Sales Fees

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.00% 5.75% 47.02%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AZNAX 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.

AZNAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 574.00% 63.84%

Distributions

AZNAX - Distributions

Dividend Yield Analysis

AZNAX Category Low Category High AZNAX % Rank
Dividend Yield 0.00% 0.00% 11.79% 70.82%

Dividend Distribution Analysis

AZNAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Quarterly

Net Income Ratio Analysis

AZNAX Category Low Category High AZNAX % Rank
Net Income Ratio 1.84% -5.24% 6.65% 48.78%

Capital Gain Distribution Analysis

AZNAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Monthly Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AZNAX - Fund Manager Analysis

Managers

Douglas Forsyth


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.01

13.0%

Mr. Forsyth is a portfolio manager, a managing director and CIO US Income and Growth Strategies with Allianz Global Investors, which he joined in 1994. He is the head of the firm’s Income and Growth Strategies team. Mr. Forsyth has portfolio management, trading and research responsibilities, and oversees all aspects of the Income and Growth platform’s business, including product development and implementation. He has been the lead portfolio manager for the firm’s US High Yield Bond strategy since its inception in 1994 and assumed lead portfolio management responsibility for the firm’s US Convertible strategy in 1998. Mr. Forsyth has been managing CLO portfolios since 2006 and has been the lead portfolio manager on the Income and Growth strategy since its inception in 2007. In addition to management responsibility for institutional clients worldwide, Mr. Forsyth supervises multiple open-end and closed-end mutual funds and provides oversight for the US Short Duration High Income strategy. He was previously an analyst at AEGON USA. He has a B.B.A. from The University of Iowa. Mr. Forsyth is a CFA charterholder.

Michael Yee


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.01

13.0%

Mr. Yee is a portfolio manager and a managing director with Allianz Global Investors, which he joined in 1995. He has portfolio management, research and trading responsibilities for the Income and Growth Strategies team. He is also a lead portfolio manager for the firm’s Income and Growth strategy since its inception in 2007. Mr. Yee is responsible for managing multiple closed-end and open-end mutual funds. He was previously an analyst for the Global and Systematic team with responsibilities focused on US large cap equity strategies. In addition, he also worked in global portfolio administration and in client service. Mr. Yee was previously a financial consultant for Priority One Financial/Liberty Foundation. He has a B.S. from the University of California, San Diego, and an M.B.A. from San Diego State University.

Justin Kass


Start Date

Tenure

Tenure Rank

Feb 28, 2007

13.01

13.0%

Mr. Kass, CFA, is a portfolio manager and managing director with Allianz Global Investors, which he joined in 2000. He has portfolio management and research responsibilities for the Income and Growth Strategies team. Mr. Kass has 19 years of investment-industry experience. He has a B.S. from the University of California, Davis, and an M.B.A. from the UCLA Anderson School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 39.19 6.77 0.16