Fact sheet: Allianz Flex Bd Str

Fund information

Fund name
Allianz Flexible Bond Strategy C NAV EUR
Fund company manager
Allianz Global Investors GmbH
Fund type
SIB
Fund manager
Mauro Vittorangeli
since 29/07/2011
Fund objective
The fund follows an absolute return approach aiming at superior risk-adjusted returns with regard to the European bond markets. To this end, the fund primarily invests in bonds of public issuers and companies that are domiciled in Europe (ex Russia and Turkey). Up to 30 % of the fund's assets may be invested in securities issued outside of Europe. Investments in mortgage-/asset-backed securities (MBS/ABS) may not exceed 20 %. Exposure in foreign currencies exceeding 30 % of the fund's assets is to be hedged against the euro. Portfolio duration may be actively managed between minus 4 and plus 8 years.
Benchmark
No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest

Quick stats

1 Year return

-1.49 %

1 Year rank in sector

126/141

Sector

FO Absolute Return

Yield
-
Fund size

£ 1.1 b

FE Risk score

71

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    27.1%
  • Italy
    20.3%
  • International
    12.5%
  • France
    10.4%
  • Others
    9.6%
  • Government Bonds
    36.3%
  • Local Government Bonds
    30.6%
  • Investment Grade Corporate Bonds
    14.8%
  • Others
    10.7%
  • High Yield Bond
    7.6%
  • German Fixed Interest
    27.1%
  • Italian Fixed Interest
    20.3%
  • French Fixed Interest
    10.4%
  • Others
    9.1%
  • European Fixed Interest
    8.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.6 %-0.25 %-1.49 %-2.67 %1.31 %
Sector0.12 %1.75 %2.84 %3.55 %10.24 %
Rank within sector46 / 154128 / 151126 / 14187 / 9856 / 69
Quartile th2 nd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-0.28 %-1.57 %-2.27 %3.52 %0 %
Sector2.06 %0.66 %0.69 %1.2 %3.58 %
Rank within sector130 / 15092 / 13088 / 11324 / 8854 / 72
Quartile th4 th3 rd4 th2 nd3 rd

Risk statistics

Alpha-1.68
Beta0.72
Sharpe-0
Volatility1.93
Tracking error1.51
Information ratio-1.31
R-Squared0.45

Price movement

52 week high99.13
52 week low95.56
Current bid price0
Current offer price0
Current mid price96.28

Holdings by region

  • 27.1% Germany
  • 20.3% Italy
  • 12.5% International
  • 10.4% France
  • 9.6% Others
  • 6.8% Spain
  • 6% Europe
  • 2.8% Global Emerging Markets
  • 2% UK
  • 1.2% Eastern Europe

Holdings by sector

  • 36.3% Government Bonds
  • 30.6% Local Government Bonds
  • 14.8% Investment Grade Corporate Bonds
  • 10.7% Others
  • 7.6% High Yield Bond

Holdings by asset type

  • 27.1% German Fixed Interest
  • 20.3% Italian Fixed Interest
  • 10.4% French Fixed Interest
  • 9.1% Others
  • 8.5% European Fixed Interest
  • 6.8% Spanish Fixed Interest
  • 6.5% Global Fixed Interest
  • 5.2% Supranational Fixed Interest
  • 2.8% Global Emerging Market Fixed Interest
  • 2% UK Fixed Interest

Individual holdings

  • 7.37% GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.01
  • 7.15% GERMANY(FEDERAL REPUBLIC OF) 3.25% BDS 04/07/21 EUR0.01
  • 5.54% GERMANY 1.75% 15/04/2020
  • 4.5% ITALY 1.5% 15-01.06.25 /BTP
  • 3.95% GOV OF GERMANY 1.00% 15/08/2024
  • 3.85% ITALY (REPUBLIC OF) 1.65% 23/04/2020
  • 3.79% BUONI POLIENNALI DEL TES FIX 1.250% 01.12.2026
  • 3.69% FRANCE(GOVT OF) 0.5% BDS 25/05/25 EUR1
  • 3.69% UST NOTES 2.0% 02/15/2025
  • 3.68% SPAIN LETRAS DEL TESORO ZERO 13.10.2017