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15 important things you should know about Virtus PNECX 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 PNECX “stock” price, you can quickly find it out by visiting Finny and typing "PNECX quote". If you’re looking for a quick scoop on PNECX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "PNECX". You’ll get all this info in one place.

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

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

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

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

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 PNECX top holdings?

PNECX 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 PNECX performance? What are PNECX historical returns?

PNECX has generated the following returns:

  • 1-month return is 0.95%;
  • 3-month return is 6.58%;
  • 1-year return is 6.58%;
  • 3-year return is 8.03%;
  • 5-year return is 9.42%;
  • 10-year return is 8.21%;
  • 15-year return is 5.47%.

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

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

PNECX up and down years

5. What is PNECX dividend yield?

PNECX yield is 0.37%.

6. What is PNECX minimum initial investment amount?

PNECX minimum initial investment amount is $1.00K.

7. What is PNECX expense ratio?

PNECX expense ratio is 1.79%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

PNECX expenses

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

PNECX 12b-1 distribution fee is 1. PNECX front-end sales load is 0. PNECX back-end sales load is 1.

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

  • 1-year ax cost ratio is 0.17%;
  • 3-year ax cost ratio is 2.8%.
PNECX tax costs

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

PNECX Beta

11. What is PNECX Sharpe ratio?

  • 3-year Sharpe ratio is 0.42;
  • 5-year Sharpe ratio is 0.57;
  • 10-year Sharpe ratio is 0.59;
  • 15-year Sharpe ratio is 0.35.
PNECX Sharpe ratio

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 PNECX? What are PNECX buy reasons?

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

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

The following are PNECX weaknesses from our perspective:

  • PNECX net assets are $19.00 million. This fund is not a popular choice with retail investors.
  • PNECX 3-year return is 8.03%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 12.74%.
  • PNECX 5-year return is 9.42%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 12.05%.
  • PNECX 10-year return is 8.21%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 11.54%.
  • PNECX 15-year return is 5.47%, which is lower than the 15-year return of the benchmark index (Russell 1000 Value TR USD), 8.08%.
  • PNECX expense ratio is 1.79%, 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 deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
In the PNECX review, we covered PNECX 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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