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

Updated: Yesterday
57
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • 15-year return above the benchmark
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

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

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe Allianz Funds: AllianzGI Focused Growth Fund; Class A Shares (PGWAX).

The Fund seeks long-term growth of capital, with income as an incidental consideration. The Fund seeks to achieve its objective by investing at least 65% of its assets in common stocks of growth companies with market capitalizations of at least $5 billion.

2. What are PGWAX top holdings?

PGWAX has 44 stock holdings and 0 bond holdings.

The top 10 holdings represent 47.78% of total assets. Here are the top holdings:

Name Symbol % Assets
Microsoft Corp MSFT 10.45%
Apple Inc AAPL 7.65%
Amazon.com Inc AMZN 6.52%
Facebook Inc A FB 4.68%
Visa Inc Class A V 4.29%
Mastercard Inc A MA 3.33%
PayPal Holdings Inc PYPL 3.14%
Union Pacific Corp UNP 2.63%
S&P Global Inc SPGI 2.61%
Salesforce.com Inc CRM 2.48%

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

PGWAX has generated the following returns:

  • 1-month return is 2.44%;
  • 3-month return is 13.40%;
  • 1-year return is 47.02%;
  • 3-year return is 21.68%;
  • 5-year return is 17.63%;
  • 10-year return is 16.72%;
  • 15-year return is 12.67%.

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

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

PGWAX up and down years

5. What is PGWAX dividend yield?

PGWAX yield is 0%.

6. What is PGWAX minimum initial investment amount?

PGWAX minimum initial investment amount is $1.00K.

7. What is PGWAX expense ratio?

PGWAX expense ratio is 1%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

PGWAX expenses

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

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

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

  • 1-year ax cost ratio is 2.88%;
  • 3-year ax cost ratio is 2.04%.
PGWAX tax costs

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

  • 3-year beta is 1.09;
  • 5-year beta is 1.07;
  • 10-year beta is 1.05.
PGWAX Beta

11. What is PGWAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.86;
  • 5-year Sharpe ratio is 0.82;
  • 10-year Sharpe ratio is 1.05.
PGWAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 57. Our quantitative analysis shows 4 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 57.

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

The following are PGWAX strengths from our perspective:

  • <strong>PGWAX 3-year return</strong> is 21.68%, which is higher than the 3-year return of the benchmark index (Russell 1000 Growth TR USD), 21.19%.
  • <strong>PGWAX 5-year return</strong> is 17.63%, which is in line with the 5-year return of the benchmark index (Russell 1000 Growth TR USD), 18.5%.
  • <strong>PGWAX 10-year return</strong> is 16.72%, which is in line with the 10-year return of the benchmark index (Russell 1000 Growth TR USD), 16.81%.
  • <strong>PGWAX 15-year return</strong> is 12.67%, which is higher than the 15-year return of the benchmark index (Russell 1000 Growth TR USD), 12.19%.

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

The following are PGWAX weaknesses from our perspective:

  • <strong>PGWAX net assets</strong> are $712.10 million. This fund is not a popular choice with retail investors.
  • <strong>PGWAX expense ratio</strong> is 1%, 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 PGWAX review, we covered PGWAX 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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