15 important things you should know about Virtus PNEAX mutual fund

Updated: July 11, 2021

Bull Case

No Bull case arguments for now!

Bear Case

Low net assets
3-year return below the benchmark
5-year return below the benchmark
10-year return below the benchmark
15-year return below the benchmark
High expense ratio
Sales load and/or distribution fees

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

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

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

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

Describe Allianz Funds: AllianzGI NFJ Dividend Value Fund; Class A Shares (PNEAX).
What are PNEAX holdings?
What is PNEAX performance? What are PNEAX historical returns?
How many up and down years did PNEAX have historically?
What is PNEAX dividend yield?
What is PNEAX minimum initial investment amount?
What is PNEAX expense ratio?
Does PNEAX have any sales loads or 12b-1 distribution expenses?
What is PNEAX tax efficiency (tax-cost ratio)?
What is PNEAX beta? How would you assess PNEAX risk?
What is PNEAX Sharpe ratio?
What is PNEAX Finny Score? PNEAX buy or sell?
What are the pros of investing in PNEAX? What are PNEAX buy reasons?
What are the cons of investing in PNEAX? What are PNEAX sell reasons?

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

Fact Sheet

1. Describe Allianz Funds: AllianzGI NFJ Dividend Value Fund; Class A Shares (PNEAX).

The Fund seeks current income as a primary objective, and long-term growth of capital as a secondary objective. Focus is on income-producing common stocks with the potential for capital appreciation.

2. What are PNEAX top holdings?

PNEAX has 46 stock holdings and 0 bond holdings.

The top 10 holdings represent 31.50% of total assets. Here are the top holdings:

Name	Symbol	% Assets
JPMorgan Chase & Co	JPM	4.28%
Broadcom Inc	AVGO	3.71%
Intel Corp	INTC	3.66%
NextEra Energy Inc	NEE	3.16%
Allstate Corp	ALL	3.01%
Lockheed Martin Corp	LMT	2.97%
CoreSite Realty Corp	COR	2.84%
Norfolk Southern Corp	NSC	2.84%
Atmos Energy Corp	ATO	2.80%
Crown Castle International Corp	CCI	2.23%

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

PNEAX has generated the following returns:

1-month return is 1.09%;
3-month return is 6.77%;
1-year return is 6.77%;
3-year return is 8.84%;
5-year return is 10.25%;
10-year return is 9.03%;
15-year return is 6.27%.

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

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

5. What is PNEAX dividend yield?

PNEAX yield is 1.24%.

6. What is PNEAX minimum initial investment amount?

PNEAX minimum initial investment amount is $1.00K.

7. What is PNEAX expense ratio?

PNEAX expense ratio is 1.04%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

1-year ax cost ratio is 0.56%;
3-year ax cost ratio is 3.19%.

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

11. What is PNEAX Sharpe ratio?

3-year Sharpe ratio is 0.46;
5-year Sharpe ratio is 0.62;
10-year Sharpe ratio is 0.64;
15-year Sharpe ratio is 0.40.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are PNEAX weaknesses from our perspective:

PNEAX net assets are $423.20 million. This fund is not a popular choice with retail investors.
PNEAX 3-year return is 8.84%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 12.74%.
PNEAX 5-year return is 10.25%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 12.05%.
PNEAX 10-year return is 9.03%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 11.54%.
PNEAX 15-year return is 6.27%, which is lower than the 15-year return of the benchmark index (Russell 1000 Value TR USD), 8.08%.
PNEAX expense ratio is 1.04%, 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 PNEAX review, we covered PNEAX 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.