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

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

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

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

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

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

The Fund seeks capital appreciation, with added emphasis on the protection of capital during unfavorable market conditions. The Fund expects to invest typically in all 500 stocks included in the S&P 500 Index, and seeks to replicate approximately the relative weighting of those stocks on the S&P 500 Index.

2. What are AZUAX top holdings?

AZUAX has 0 stock holdings and 0 bond holdings.

The top 9 holdings represent 99.36% of total assets. Here are the top holdings:

Name Symbol % Assets
SPDR® S&P 500 ETF Trust SPY 97.03%
S&P 500 Put Sep20 N/A 0.59%
S&P 500 Put Jun20 N/A 0.48%
S&P 500 Put Jul20 N/A 0.41%
S&P 500 Put Aug20 N/A 0.38%
S&P 500 Put Mar21 N/A 0.24%
S&P 500 Call May20 N/A 0.19%
S&P 500 Put May20 N/A 0.04%
S&P 500 Call Jun20 N/A N/A

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

AZUAX has generated the following returns:

  • 1-month return is 2.89%;
  • 3-month return is -0.23%;
  • 1-year return is 5.92%;
  • 3-year return is 3.57%;
  • 5-year return is 3.20%.

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

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

AZUAX up and down years

5. What is AZUAX dividend yield?

AZUAX yield is 0.53%.

6. What is AZUAX minimum initial investment amount?

AZUAX minimum initial investment amount is $1.00K.

7. What is AZUAX expense ratio?

AZUAX expense ratio is 1.34%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

AZUAX expenses

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

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

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

  • 1-year ax cost ratio is %;
  • 3-year ax cost ratio is %.
AZUAX tax costs

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

  • 3-year beta is 0.71;
  • 5-year beta is 0.67.
AZUAX Beta

11. What is AZUAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.01;
  • 5-year Sharpe ratio is 0.11.
AZUAX 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 AZUAX? What are AZUAX buy reasons?

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

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

The following are AZUAX weaknesses from our perspective:

  • <strong>AZUAX net assets</strong> are $0.50 million. This fund is not a popular choice with retail investors.
  • <strong>AZUAX expense ratio</strong> is 1.34%, 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 AZUAX review, we covered AZUAX 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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