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

Updated: Last Sunday
11

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 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 AVSAX performance? What are AVSAX historical returns?

AVSAX has generated the following returns:

  • 1-month return is 5.22%;
  • 3-month return is -11.22%;
  • 1-year return is -0.15%;
  • 3-year return is 3.45%;
  • 5-year return is 4.20%;
  • 10-year return is 5.83%.

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

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

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%.

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

  • 3-year beta is 1.43;
  • 5-year beta is 1.38;
  • 10-year beta is 1.37.

11. What is AVSAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.03;
  • 5-year Sharpe ratio is 0.14;
  • 10-year Sharpe ratio is 0.39.

Analysis

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

AVSAX Finny Score is 11. Our quantitative analysis shows 1 reason to buy AVSAX and 8 reasons to sell it, resulting in the Finny Score of 11.

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

The following are AVSAX strengths from our perspective:

  • AVSAX 5-year return is 4.2%, which is in line with the 5-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2040 TR USD), 4.25%.

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

The following are AVSAX weaknesses from our perspective:

  • AVSAX net assets are $2.30 million. This fund is not a popular choice with retail investors.
  • AVSAX 3-year return is 3.45%, which is lower than the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2040 TR USD), 3.87%.
  • AVSAX 10-year return is 5.83%, 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 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.
  • AVSAX expense ratio is 0.95%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • AVSAX 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.
  • AVSAX 5-year Beta is 1.38, 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.
  • AVSAX 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 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.
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