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

Updated: Last Sunday
29

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

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

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

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

  1. Describe Allianz Funds Multi-Strategy Trust: AllianzGI Retirement 2045 Fund; Class A Shares (GBVAX).
  2. What are GBVAX holdings?
  3. What is GBVAX performance? What are GBVAX historical returns?
  4. How many up and down years did GBVAX have historically?
  5. What is GBVAX dividend yield?
  6. What is GBVAX minimum initial investment amount?
  7. What is GBVAX expense ratio?
  8. Does GBVAX have any sales loads or 12b-1 distribution expenses?
  9. What is GBVAX tax efficiency (tax-cost ratio)?
  10. What is GBVAX beta? How would you assess GBVAX risk?
  11. What is GBVAX Sharpe ratio?
  12. What is GBVAX Finny Score? GBVAX buy or sell?
  13. What are the pros of investing in GBVAX? What are GBVAX buy reasons?
  14. What are the cons of investing in GBVAX? What are GBVAX 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 2045 Fund; Class A Shares (GBVAX).

The Fund seeks capital growth and preservation consistent with its asset allocation as 2045 approaches, and thereafter current income and, secondarily, capital appreciation. The Fund invests without limit in US and global equities, commodities, real estate, high yield securities, corporate and emerging market bonds.

2. What are GBVAX top holdings?

GBVAX has 0 stock holdings and 1 bond holdings.

The top 10 holdings represent 90.40% of total assets. Here are the top holdings:

Name Symbol % Assets
AllianzGI Global Dynamic Allocation R6 ADYFX 23.64%
AllianzGI Best Styles US Equity R6 ALSEX 13.24%
AllianzGI Best Styles Glbl Mgd Vol LLLLX 12.80%
Allianzgi Instl Multi-Ser Tr N/A 10.91%
AllianzGI Best Styles Global Eq R6 AGERX 10.02%
E-mini S&P 500 Futures Mar20 ESH0 6.18%
AllianzGI Mid-Cap Institutional DRMCX 3.58%
AllianzGI Focused Growth R6 AFGFX 3.52%
MSCI EAFE Index Future Mar 20 MFSH0 3.26%
AllianzGI NFJ Mid-Cap Value R6 ANPRX 3.25%

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

GBVAX has generated the following returns:

  • 1-month return is 5.60%;
  • 3-month return is -12.12%;
  • 1-year return is -0.93%;
  • 3-year return is 3.23%;
  • 5-year return is 4.10%.

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

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

5. What is GBVAX dividend yield?

GBVAX yield is 2.52%.

6. What is GBVAX minimum initial investment amount?

GBVAX minimum initial investment amount is $1.00K.

7. What is GBVAX expense ratio?

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

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

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

  • 1-year ax cost ratio is 3.02%;
  • 3-year ax cost ratio is 2.45%.

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

  • 3-year beta is 1.51;
  • 5-year beta is 1.47.

11. What is GBVAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.05;
  • 5-year Sharpe ratio is 0.13.

Analysis

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

GBVAX Finny Score is 29. Our quantitative analysis shows 2 reasons to buy GBVAX and 5 reasons to sell it, resulting in the Finny Score of 29.

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

The following are GBVAX strengths from our perspective:

  • GBVAX 3-year return is 3.23%, which is in line with the 3-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2045 TR USD), 3.33%.
  • GBVAX 5-year return is 4.1%, which is higher than the 5-year return of the benchmark index (Morningstar Lifetime Allocation Moderate 2045 TR USD), 3.99%.

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

The following are GBVAX weaknesses from our perspective:

  • GBVAX net assets are $2.00 million. This fund is not a popular choice with retail investors.
  • 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.
  • GBVAX expense ratio is 0.95%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • GBVAX 3-year Beta is 1.51, 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.
  • GBVAX 5-year Beta is 1.47, 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.
In the GBVAX review, we covered GBVAX 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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