15 important things you should know about Allianz Global Investors ABSGX mutual fund

Updated: December 27, 2020

Bull Case

No sales load or distribution fees

Bear Case

Low net assets

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

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

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

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

Describe Allianz Funds Multi-Strategy Trust: AllianzGI Best Styles Global Equity Fund; Class C Shares (ABSGX).
What are ABSGX holdings?
What is ABSGX performance? What are ABSGX historical returns?
How many up and down years did ABSGX have historically?
What is ABSGX dividend yield?
What is ABSGX minimum initial investment amount?
What is ABSGX expense ratio?
Does ABSGX have any sales loads or 12b-1 distribution expenses?
What is ABSGX tax efficiency (tax-cost ratio)?
What is ABSGX beta? How would you assess ABSGX risk?
What is ABSGX Sharpe ratio?
What is ABSGX Finny Score? ABSGX buy or sell?
What are the pros of investing in ABSGX? What are ABSGX buy reasons?
What are the cons of investing in ABSGX? What are ABSGX 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 Best Styles Global Equity Fund; Class C Shares (ABSGX).

2. What are ABSGX top holdings?

ABSGX has 647 stock holdings and 0 bond holdings.

The top 10 holdings represent 15.11% of total assets. Here are the top holdings:

Name	Symbol	% Assets
Apple Inc	AAPL	3.76%
Microsoft Corp	MSFT	2.66%
Amazon.com Inc	AMZN	2.18%
Alibaba Group Holding Ltd ADR	BABA	1.23%
Tencent Holdings Ltd	00700	1.06%
NVIDIA Corp	NVDA	1.02%
Alphabet Inc A	GOOGL	0.92%
Alphabet Inc Class C	GOOG	0.91%
Procter & Gamble Co	PG	0.69%
Johnson & Johnson	JNJ	0.68%

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

ABSGX has generated the following returns:

1-month return is 13.41%;
3-month return is 7.50%;
1-year return is 11.76%;
3-year return is 5.19%;
5-year return is 7.90%.

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

In the last 10 years, ABSGX had 10 up years and 0 down years.

5. What is ABSGX dividend yield?

ABSGX yield is %.

6. What is ABSGX minimum initial investment amount?

ABSGX minimum initial investment amount is $1.00K.

7. What is ABSGX expense ratio?

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

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

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

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

1-year ax cost ratio is 12.06%;
3-year ax cost ratio is 6.42%.

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

3-year beta is 1.04;
5-year beta is 0.98.

11. What is ABSGX Sharpe ratio?

3-year Sharpe ratio is 0.07;
5-year Sharpe ratio is 0.34.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 1 reason to buy and 1 reason to sell. Finny Scores are not available if there are insufficient data points from the analysis.

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

The following are ABSGX strengths from our perspective:

Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are ABSGX weaknesses from our perspective:

ABSGX net assets are $0.00 million. This fund is not a popular choice with retail investors.

In the ABSGX review, we covered ABSGX 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.