Finny logo
Finny logo
Dibs:
Dibs:
0

7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $14.95 a month, without ads. Start a free trial. Go ad free!

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

Updated: September 27, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

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

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 AVSAX top holdings?

AVSAX has 0 stock holdings and 1 bond holdings.

The top 9 holdings represent 79.86% of total assets. Here are the top holdings:

Name Symbol % Assets
AllianzGI Global Dynamic Allocation R6 ADYFX 33.93%
AllianzGI Best Styles US Equity R6 ALSEX 11.39%
E-mini S&P 500 Futures June20 ESM0 9.93%
AllianzGI Best Styles Glbl Mgd Vol LLLLX 7.17%
AllianzGI Best Styles Global Eq R6 AGERX 6.72%
AllianzGI Mid-Cap Institutional DRMCX 3.18%
AllianzGI Focused Growth R6 AFGFX 3.09%
Allianzgi Instl Multi-Ser Tr N/A 2.25%
AllianzGI Mid-Cap Value R6 ANPRX 2.20%

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

AVSAX has generated the following returns:

  • 1-month return is 2.45%;
  • 3-month return is 19.44%;
  • 1-year return is 4.70%;
  • 3-year return is 5.27%;
  • 5-year return is 5.98%;
  • 10-year return is 7.27%.

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

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

AVSAX up and down years

5. What is AVSAX dividend yield?

AVSAX yield is 2.93%.

6. What is AVSAX minimum initial investment amount?

AVSAX minimum initial investment amount is $1.00K.

7. What is AVSAX expense ratio?

AVSAX 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.

AVSAX expenses

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

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

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

  • 1-year ax cost ratio is 3.14%;
  • 3-year ax cost ratio is 2.51%.
AVSAX tax costs

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

  • 3-year beta is 1.45;
  • 5-year beta is 1.41;
  • 10-year beta is 1.39.
AVSAX Beta

11. What is AVSAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.31;
  • 5-year Sharpe ratio is 0.43;
  • 10-year Sharpe ratio is 0.60.
AVSAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 0 reasons to buy and 3 reasons to sell. Finny Scores are not available if there are insufficient data points from the analysis.

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

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

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

The following are AVSAX weaknesses from our perspective:

  • <strong>AVSAX net assets</strong> are $2.30 million. This fund is not a popular choice with retail investors.
  • <strong>AVSAX expense ratio</strong> is 0.95%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • 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.
In the AVSAX review, we covered AVSAX 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.
Follow Us