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

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

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

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

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

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

The Fund seeks long-term capital appreciation and current income. The Fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings) in debt instruments issued by Emerging Market Sovereign, Emerging Market Quasi-Sovereign and Emerging Market Corporate issuers.

2. What are AGMCX top holdings?

AGMCX has 0 stock holdings and 53 bond holdings.

The top 10 holdings represent 31.55% of total assets. Here are the top holdings:

Name Symbol % Assets
Philippines (Republic Of) 3.95% N/A 3.62%
Mexico (United Mexican States) 4.5% N/A 3.48%
Republic of Panama 3.16% N/A 3.47%
10 Year Treasury Note Future June 20 ZNM0 3.31%
Republic of Kazakhstan 5.12% N/A 3.29%
Uruguay (Republic of) 4.38% N/A 3.23%
Republic of Colombia 3% N/A 3.11%
Emirate of Abu Dhabi 3.12% N/A 2.92%
Republic of Kazakhstan 4.88% N/A 2.63%
Indonesia (Republic of) 2.85% N/A 2.49%

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

AGMCX has generated the following returns:

  • 1-month return is 2.79%;
  • 3-month return is -8.77%;
  • 1-year return is -2.08%;
  • 3-year return is -0.56%;
  • 5-year return is 1.64%.

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

In the last 10 years, AGMCX had 8 up years and 2 down years.

5. What is AGMCX dividend yield?

AGMCX yield is 3.64%.

6. What is AGMCX minimum initial investment amount?

AGMCX minimum initial investment amount is $1.00K.

7. What is AGMCX expense ratio?

AGMCX expense ratio is 1.8%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.04%;
  • 3-year ax cost ratio is 1.39%.

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

  • 3-year beta is 0.92;
  • 5-year beta is 0.95.

11. What is AGMCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.31;
  • 5-year Sharpe ratio is 0.04.

Analysis

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

AGMCX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy AGMCX and 5 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are AGMCX weaknesses from our perspective:

  • AGMCX net assets are $0.10 million. This fund is not a popular choice with retail investors.
  • AGMCX 3-year return is -0.56%, which is lower than the 3-year return of the benchmark index (JPM EMBI Global Diversified TR USD), 1.26%.
  • AGMCX 5-year return is 1.64%, which is lower than the 5-year return of the benchmark index (JPM EMBI Global Diversified TR USD), 3.29%.
  • 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.
  • AGMCX expense ratio is 1.8%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AGMCX review, we covered AGMCX 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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