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

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

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

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

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

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

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 ABLCX top holdings?

ABLCX 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 ABLCX performance? What are ABLCX historical returns?

ABLCX has generated the following returns:

  • 1-month return is 3.49%;
  • 3-month return is -9.48%;
  • 1-year return is -0.19%;
  • 3-year return is 2.66%;
  • 5-year return is 3.27%;
  • 10-year return is 4.44%.

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

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

5. What is ABLCX dividend yield?

ABLCX yield is 4.84%.

6. What is ABLCX minimum initial investment amount?

ABLCX minimum initial investment amount is $1.00K.

7. What is ABLCX expense ratio?

ABLCX expense ratio is 1.7%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 4.53%;
  • 3-year ax cost ratio is 2.61%.

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

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

11. What is ABLCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.04;
  • 5-year Sharpe ratio is 0.12;
  • 10-year Sharpe ratio is 0.37.

Analysis

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

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

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

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

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

The following are ABLCX weaknesses from our perspective:

  • ABLCX net assets are $0.60 million. This fund is not a popular choice with retail investors.
  • ABLCX 3-year return is 2.66%, which is lower than the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.98%.
  • ABLCX 5-year return is 3.27%, which is lower than the 5-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2030 TR USD), 4.7%.
  • ABLCX 10-year return is 4.44%, 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 deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • ABLCX expense ratio is 1.7%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • ABLCX 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 ABLCX review, we covered ABLCX 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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