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

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

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

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

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

  1. Describe Allianz Funds Multi-Strategy Trust: AllianzGI Retirement 2040 Fund; Administrative Class Shares (AVAMX).
  2. What are AVAMX holdings?
  3. What is AVAMX performance? What are AVAMX historical returns?
  4. How many up and down years did AVAMX have historically?
  5. What is AVAMX dividend yield?
  6. What is AVAMX minimum initial investment amount?
  7. What is AVAMX expense ratio?
  8. Does AVAMX have any sales loads or 12b-1 distribution expenses?
  9. What is AVAMX tax efficiency (tax-cost ratio)?
  10. What is AVAMX beta? How would you assess AVAMX risk?
  11. What is AVAMX Sharpe ratio?
  12. What is AVAMX Finny Score? AVAMX buy or sell?
  13. What are the pros of investing in AVAMX? What are AVAMX buy reasons?
  14. What are the cons of investing in AVAMX? What are AVAMX 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 2040 Fund; Administrative Class Shares (AVAMX).

The Fund seeks capital growth and preservation consistent with its asset allocation as 2040 approaches, and thereafter current income and, capital appreciation. It invests in global equity and fixed income securities including emerging market equities, junk bonds, convertible bonds and emerging market debt.

2. What are AVAMX top holdings?

AVAMX has 0 stock holdings and 1 bond holdings.

The top 10 holdings represent 90.52% of total assets. Here are the top holdings:

Name Symbol % Assets
AllianzGI Global Dynamic Allocation R6 ADYFX 35.66%
AllianzGI Best Styles US Equity R6 ALSEX 12.43%
AllianzGI Best Styles Glbl Mgd Vol LLLLX 10.24%
Allianzgi Instl Multi-Ser Tr N/A 8.72%
AllianzGI Best Styles Global Eq R6 AGERX 6.80%
E-mini S&P 500 Futures Mar20 ESH0 4.96%
MSCI EAFE Index Future Mar 20 MFSH0 3.05%
AllianzGI Mid-Cap Institutional DRMCX 3.00%
AllianzGI Focused Growth R6 AFGFX 2.95%
AllianzGI NFJ Mid-Cap Value R6 ANPRX 2.71%

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

AVAMX has generated the following returns:

  • 1-month return is 5.27%;
  • 3-month return is -11.20%;
  • 1-year return is -0.13%;
  • 3-year return is 3.48%;
  • 5-year return is 4.25%;
  • 10-year return is 5.87%.

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

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

5. What is AVAMX dividend yield?

AVAMX yield is 2.4%.

6. What is AVAMX minimum initial investment amount?

AVAMX minimum initial investment amount is $5.00K.

7. What is AVAMX expense ratio?

AVAMX 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 AVAMX have any sales loads or 12b-1 distribution expenses?

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

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

  • 1-year ax cost ratio is 2.96%;
  • 3-year ax cost ratio is 2.48%.

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

  • 3-year beta is 1.43;
  • 5-year beta is 1.39;
  • 10-year beta is 1.37.

11. What is AVAMX Sharpe ratio?

  • 3-year Sharpe ratio is -0.03;
  • 5-year Sharpe ratio is 0.15;
  • 10-year Sharpe ratio is 0.39.

Analysis

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

AVAMX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy AVAMX and 8 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are AVAMX weaknesses from our perspective:

  • AVAMX net assets are $0.10 million. This fund is not a popular choice with retail investors.
  • AVAMX 3-year return is 3.48%, which is lower than the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2040 TR USD), 3.87%.
  • AVAMX 10-year return is 5.87%, which is lower than the 10-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2040 TR USD), 8.38%.
  • 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.
  • AVAMX expense ratio is 0.9%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • AVAMX 3-year Beta is 1.43, 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.
  • AVAMX 5-year Beta is 1.39, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • AVAMX 10-year Beta is 1.37, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
In the AVAMX review, we covered AVAMX 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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