AllianzGI High Yield Bond Institutional

The investment seeks a high level of current income and capital growth.
The fund invests at least 80% of its net assets (plus borrowings made for investment purposes) in high yield securities ("junk bonds"), which are fixed income securities rated below investment grade or unrated and determined to be of similar quality. It invests across the entire range of maturities of high yield securities. The fund may invest in the securities of issuers of any market capitalization, including smaller capitalization companies. It may utilize foreign currency exchange contracts, options, stock index futures contracts, warrants and other derivative instruments.

Key stats

Management firm  Allianz Funds
Domicile  United States
Fund Administrator  Allianz Global Fund Management
Global Branding Name  Allianz Global Investors
12 month yield  7.11%
Fund currency  USD
Launch Date  1996-07-31
ISIN  US01900C5408
SEDOL  B60QCH0
Manager 1 Name  Douglas Forsyth
Manager 2 Name  William Stickney
Fund Strategy  High Yield Bond
Benchmark  BofAML US HY Master II TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-04-30
Return - 1 Month  0.40%
Return - 2 Months  0.70 %
Return - 3 Months  2.21%
Return - 6 Months  3.92 %
Return - 9 months  6.33 %
Return - 12 Months  6.12%
Annualized return 24 months  9.31 %
Annualized return 36 months  7.89 %
Annualized return 48 months  9.56 %
Annualized return 60 months  13.68 %
Return 120 months  8.41 %
Annualized return since Inception  8.64%
Return YTD  2.93%

Ratings

Morning Star Rating Date   2014-04-30
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  0.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  0.48 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Allianz Global Investors Fund Management LLC
Contact Address 2  1345 Avenue of the Americas
Contact city  New York
Contact country  United States
Fund Admin Group  Allianz Funds
Web Address  www.allianzinvestors.com
Custodian  State Street Bank & Trust Co
Phone  800 498 5413

Price

Last Price Date  2014-12-17
Pre-tax nav  9.23
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.05
Price change (percentage)  0.54 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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