14 important things you should know about Allianz Funds ABAMX mutual fund

Updated: June 27, 2020
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Before we start: if you’re looking for ABAMX “stock” price, you can quickly find it out by visiting Finny and typing "ABAMX quote". If you’re looking for a quick scoop on ABAMX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ABAMX". You’ll get all this info in one place.

Are you looking to buy or sell ABAMX? Or perhaps you’re looking for ABAMX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ABAMX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ABAMX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ABAMX buy or sell; the pros and cons of investing in ABAMX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ABAMX.

And here is the list of questions we’ll answer:

  1. Describe Allianz Funds Multi-Strategy Trust: AllianzGI Retirement 2030 Fund; Administrative Class Shares (ABAMX).
  2. What are ABAMX holdings?
  3. What is ABAMX performance? What are ABAMX historical returns?
  4. How many up and down years did ABAMX have historically?
  5. What is ABAMX dividend yield?
  6. What is ABAMX minimum initial investment amount?
  7. What is ABAMX expense ratio?
  8. Does ABAMX have any sales loads or 12b-1 distribution expenses?
  9. What is ABAMX tax efficiency (tax-cost ratio)?
  10. What is ABAMX beta? How would you assess ABAMX risk?
  11. What is ABAMX Sharpe ratio?
  12. What is ABAMX Finny Score? ABAMX buy or sell?
  13. What are the pros of investing in ABAMX? What are ABAMX buy reasons?
  14. What are the cons of investing in ABAMX? What are ABAMX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Allianz Funds Multi-Strategy Trust: AllianzGI Retirement 2030 Fund; Administrative Class Shares (ABAMX).

The Fund seeks capital growth and preservation consistent with its asset allocation as 2030 approaches, and thereafter current income and, capital appreciation secondarily. It gains diversified exposure to core global equity asset classes, including emerging markets equities, and core U.S. fixed income asset classes.

2. What are ABAMX top holdings?

ABAMX has 0 stock holdings and 1 bond holdings.

The top 10 holdings represent 114.65% of total assets. Here are the top holdings:

Name Symbol % Assets
AllianzGI Global Dynamic Allocation R6 ADYFX 88.71%
MSCI EAFE Index Future Mar 20 MFSH0 8.23%
E-mini S&P 500 Futures Mar20 ESH0 5.24%
AllianzGI Best Styles US Equity R6 ALSEX 3.16%
Allianzgi Instl Multi-Ser Tr N/A 2.23%
E-mini Nasdaq 100 Future Mar 20 NQH0.DE 2.00%
MSCI USA Index Future Mar 20 FMUSH0 1.99%
AllianzGI Best Styles Glbl Mgd Vol LLLLX 1.64%
E-Mini Russ 2000 Mar20 Xcme 20200320 N/A 0.87%
AllianzGI Mid-Cap Institutional DRMCX 0.58%

3. What is ABAMX performance? What are ABAMX historical returns?

ABAMX has generated the following returns:

  • 1-month return is 3.58%;
  • 3-month return is -9.30%;
  • 1-year return is 0.61%;
  • 3-year return is 3.49%;
  • 5-year return is 4.12%;
  • 10-year return is 5.29%.

4. How many up and down years did ABAMX have historically?

In the last 10 years, ABAMX had 7 up years and 3 down years.

5. What is ABAMX dividend yield?

ABAMX yield is 5.5%.

6. What is ABAMX minimum initial investment amount?

ABAMX minimum initial investment amount is $5.00K.

7. What is ABAMX expense ratio?

ABAMX expense ratio is 0.9%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ABAMX have any sales loads or 12b-1 distribution expenses?

ABAMX 12b-1 distribution fee is 0.25. ABAMX front-end sales load is 0. ABAMX back-end sales load is 0.

9. What is ABAMX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 4.63%;
  • 3-year ax cost ratio is 2.78%.

10. What is ABAMX beta? How would you assess ABAMX risk?

  • 3-year beta is 1.11;
  • 5-year beta is 1.08;
  • 10-year beta is 1.04.

11. What is ABAMX Sharpe ratio?

  • 3-year Sharpe ratio is 0.03;
  • 5-year Sharpe ratio is 0.21;
  • 10-year Sharpe ratio is 0.46.

Analysis

12. What is ABAMX Finny Score? ABAMX buy or sell?

ABAMX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy ABAMX and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in ABAMX? What are ABAMX buy reasons?

We don't see any strong reasons to buy ABAMX.

14. What are the cons of investing in ABAMX? What are ABAMX negatives?

The following are ABAMX weaknesses from our perspective:

  • ABAMX net assets are $0.20 million. This fund is not a popular choice with retail investors.
  • ABAMX 3-year return is 3.49%, which is lower than the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.98%.
  • ABAMX 5-year return is 4.12%, which is lower than the 5-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.7%.
  • ABAMX 10-year return is 5.29%, which is lower than the 10-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 8.25%.
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
  • ABAMX expense ratio is 0.9%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ABAMX 3-year Beta is 1.11, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
In the ABAMX review, we covered ABAMX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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