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

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

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

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

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

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

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 ABLAX top holdings?

ABLAX 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 ABLAX performance? What are ABLAX historical returns?

ABLAX has generated the following returns:

  • 1-month return is 3.58%;
  • 3-month return is -9.34%;
  • 1-year return is 0.55%;
  • 3-year return is 3.43%;
  • 5-year return is 4.06%;
  • 10-year return is 5.22%.

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

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

5. What is ABLAX dividend yield?

ABLAX yield is 5.63%.

6. What is ABLAX minimum initial investment amount?

ABLAX minimum initial investment amount is $1.00K.

7. What is ABLAX expense ratio?

ABLAX expense ratio is 0.95%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

ABLAX 12b-1 distribution fee is 0.25. ABLAX front-end sales load is 5.5. ABLAX back-end sales load is 0.

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

  • 1-year ax cost ratio is 4.7%;
  • 3-year ax cost ratio is 2.85%.

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

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

11. What is ABLAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.03;
  • 5-year Sharpe ratio is 0.20;
  • 10-year Sharpe ratio is 0.46.

Analysis

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

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

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

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

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

The following are ABLAX weaknesses from our perspective:

  • ABLAX net assets are $6.20 million. This fund is not a popular choice with retail investors.
  • ABLAX 3-year return is 3.43%, which is lower than the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.98%.
  • ABLAX 5-year return is 4.06%, which is lower than the 5-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.7%.
  • ABLAX 10-year return is 5.22%, 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 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
  • ABLAX expense ratio is 0.95%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ABLAX 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 ABLAX review, we covered ABLAX 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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