AllianzGI Convertible A (ANZAX) Fund Ranking and Research

Ranking, Research and Recommendation of AllianzGI Convertible A (ANZAX) Fund

Last Trade: $ on , Change: (0%)

 

Fund Manager - Douglas G. Forsyth

Fund Manager Information

Fund Manager Tenure: 26.7 years
Similar Funds: ANZCX  ANZDX  ANZRX  ANNAX 
Fund Family: Allianz Funds
Fund Category: Convertibles
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A+ (Score: 0.83)     (What does this score mean?)
Doug Forsyth has portfolio management and research responsibilities for the Income and Growth Strategies team. Prior to joining AGI Capital via a predecessor affiliate in 1994, Doug was a securities analyst at AEGON USA. He earned his B.B.A. from the University of Iowa. Doug has nineteen years of investment industry experience.  Get more insights on Douglas G. Forsyth

 

AllianzGI Convertible A Fund (ANZAX) Profile

Fund Profile and Description

AllianzGI Convertible A Fund seeks maximum total return, consisting of capital appreciation and current income. AllianzGI Convertible A Fund invests at least 80% of net assets in convertible securities include corporate bonds, debentures, notes or preferred stocks and their hybrids. It invests in securities of any size market capitalization or credit quality. AllianzGI Convertible A Fund also invests up to 20% of net assets in nonconvertible debt securities and invests in securities issued by the U.S. government and its agencies and instrumentalities.

 

 What we like about AllianzGI Convertible A (ANZAX) Fund

Data for AllianzGI Convertible A Fund (ANZAX) as of May 30, 2016

• AllianzGI Convertible A Fund (ANZAX) management has been with AllianzGI Convertible A Fund for 26.7 years
• AllianzGI Convertible A Fund (ANZAX) has good mid-term performance (3-year return 4.68% vs 3.66% Convertibles category median performance)
• AllianzGI Convertible A Fund (ANZAX) has good Long-term performance (5-year return 5.71% vs 4.30% Convertibles category median performance)
• AllianzGI Convertible A Fund (ANZAX) has an annual stock turnover rate of 73.00% vs Convertibles average of 84.12%. It is good that AllianzGI Convertible A management does not trade extensively for its return.
• AllianzGI Convertible A Fund (ANZAX) has a lower expense ratio than its Convertibles average: 0.98% vs 1.32%

 What we are cautious about AllianzGI Convertible A (ANZAX) Fund

Data for AllianzGI Convertible A Fund (ANZAX) as of May 30, 2016

• AllianzGI Convertible A Fund (ANZAX) has a less-than-ideal short-term performance (1-year return -8.91% vs -8.61% Convertibles category median performance)
• AllianzGI Convertible A Fund (ANZAX) ratio of up-years vs down years can be improved
• AllianzGI Convertible A Fund (ANZAX) has a Morningstar rating of 3 and below
• AllianzGI Convertible A Fund (ANZAX) is less safe compared to its Convertibles peers
• AllianzGI Convertible A Fund (ANZAX) is more volatile than its peers as it has a 3-year Standard Deviation of 9.71 that is higher than category average of 9.16
• AllianzGI Convertible A Fund (ANZAX) carries a 5.5% load

See AllianzGI Convertible A Fund (ANZAX) performance details as of May 30, 2016

 

What do you think?

 

Compare with other top Convertibles category mutual funds

Aadditional top Convertibles mutual funds for your consideration

Fund	Year to Date	1 Year	3 year	5 year
AllianzGI Convertible A	-0.67	-8.91	4.68	5.71
Franklin Convertible Securities Adv (FCSZX)	3.48	-0.56	6.65	6.17	Compare
MainStay Convertible A (MCOAX)	2.43	-4.11	6.93	5.71	Compare
Miller Convertible Bond I (MCIFX)	2.87	-2.14	5.57	5.11	Compare

See top fund managers for Convertibles Category Funds

 

AllianzGI Convertible A (ANZAX) Fund Net Asset

Track net asset change of AllianzGI Convertible A fund (ANZAX)

Date	Net Asset
05/2016	$1.72B
03/2016	$1.78B
02/2016	$1.75B

More historic net asset information on AllianzGI Convertible A Fund (ANZAX)

  

AllianzGI Convertible A (ANZAX) Fund Portfolio Allocation

Track portfolio allocation change of AllianzGI Convertible A fund (ANZAX)

Date	Cash	Stock	Bond	Other
04/2016	4.29%	4.97%	2.72%	0%
01/2016	5.09%	4.92%	1.88%	0%
12/2015	3.84%	4.47%	1.74%	0%

Click here to see more historic asset allocation information on AllianzGI Convertible A Fund (ANZAX)

 

Top 10 Holdings in AllianzGI Convertible A (ANZAX) Fund

Discover what AllianzGI Convertible A Fund (ANZAX) manager is buying

Apr 29, 2016 Allergan Plc Preferred Stock 03/18 5.5 [2.46%] Anthem, Inc. Corporate Units [1.99%] Wells Fargo & Co, San Francisco Ca Pfd [1.98%] Intel Cv 3.25% [1.92%] Bk Amer Pfd [1.69%] Frontier Comms Cv [1.61%] Tyson Foods [1.61%] Nvidia Cv 1% [1.51%] Extra Space Storage 144A 3.125% [1.44%] Liberty Media Corp Delaware Cv 1.375% [1.38%]

Jan 30, 2016 Allergan Plc Preferred Stock 03/18 5.5 [2.77%] Intel Cv 3.25% [2.2%] Wells Fargo & Co, San Francisco Ca Pfd [2.01%] Salesforce Com Cv 0.25% [1.92%] Anthem, Inc. Corporate Units [1.91%] Frontier Comms Cv [1.56%] Teva Pharmaceutical Indu Preferred Stock 12/18 7 [1.56%] Bk Amer Pfd [1.52%] Tyson Foods [1.48%] T-Mobile Us Pfd [1.41%]

Dec 30, 2015 Allergan Plc Preferred Stock 03/18 5.5 [2.86%] Intel Cv 3.25% [2.18%] Salesforce Com Cv 0.25% [1.9%] Verisign Cv 3.25% [1.58%] Tyson Foods [1.54%] Wells Fargo & Co, San Francisco Ca Pfd [1.54%] Frontier Comms Cv [1.52%] Anthem, Inc. Corporate Units [1.49%] Teva Pharmaceutical Indu Preferred Stock 12/18 7 [1.48%] Red Hat Cv 0.25% [1.42%]

Click here for Stock Holding Change Map in AllianzGI Convertible A Fund (ANZAX)

  

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Popular pages on AllianzGI Convertible A (ANZAX) Fund

• AllianzGI Convertible A (ANZAX) Fund Research and Recommendation
• AllianzGI Convertible A (ANZAX) Fund Performance Data
• AllianzGI Convertible A (ANZAX) Fund Manager Information
• Historic AllianzGI Convertible A (ANZAX) Fund Asset Allocation Report
• Historic AllianzGI Convertible A (ANZAX) Fund Top 10 Holding Tracking
• Historic AllianzGI Convertible A (ANZAX) Fund Asset Under Management Tracking