AOBSX — AllianzGI Core Bond Fund

Data updated: 2020-08-24

AOBSX — AllianzGI Core Bond Fund. Total / Aggregate Bond · $48.65M AUM · 0.20% expense ratio · 10.8% 1-yr return. Holdings, fees, performance and SEC filings.

AOBSX Fund Overview

AOBSX — AllianzGI Core Bond Fund is a US mutual fund managed by Virtus Strategy Trust, categorised as Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: Virtus Strategy Trust
Category: Total / Aggregate Bond
Assets under management: $48.65M
1-year return: 10.8%
Ticker: AOBSX
SEC CIK: 0001423227
SEC series ID: S000061526
Share class ID: C000199231

AOBSX Investment Objective and Strategy

AllianzGI Core Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Strategy Trust.

Investment objective

The Fund seeks current income, consistent with minimal fluctuations of principal.

Principal investment strategy

The Fund seeks to achieve its objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in bonds, notes and other debt instruments, including derivatives that provide exposure to such investments. The Fund generally invests in debt securities issued by U.S. and non-U.S. governments and their subdivisions, agencies and government-sponsored enterprises; supranational entities; public and private companies; pass-through securities guaranteed by the U.S. government, its agencies or government-sponsored enterprises; and commercial mortgage-backed securities and other asset-backed securities. The Funds investments in mortgage-related securities may include investments in stripped mortgage-backed securities such as interest-only (IO) and principal-only (PO) securities.

The Fund may invest up to 10% of its net assets in debt instruments that, at the time of purchase, are rated below investment grade, or if unrated, determined by the Manager to be of comparable quality (sometimes referred to as high yield securities or junk bonds). The Fund considers a debt instrument to be investment grade based on the highest rating assigned at the time of purchase by Standard and Poors, Moodys, Fitch, Kroll or DBRS. The Fund may invest up to 5% of its assets in non-U.S. dollar denominated debt securities and instruments of foreign issuers, including those of foreign governments, non-governmental issuers or other entities. The Fund typically seeks to fully hedge its exposure to non-U.S. dollar currencies. In making investments, the Funds portfolio managers will normally seek to maintain an average portfolio duration within one year above or below that of its benchmark, the Bloomberg Barclays U.S.

Aggregate Bond Index. As of November 30, 2017, the average duration of the Bloomberg Barclays U.S. Aggregate Bond Index was six years. The Fund may use derivatives, such as Treasury futures, options on Treasury futures, interest rate swaps, credit default swaps and credit default swap indices, total return swaps and currency futures and forwards. The Fund may use derivatives for a variety of purposes, including: as a hedge against adverse changes in the market price of securities, interest rates, or currency exchange rates; as a substitute for purchasing or selling securities; to increase the Funds return as a non-hedging strategy that may be considered speculative; and to manage portfolio characteristics. Derivatives transactions may have the effect of either magnifying or limiting the Funds gains and losses.

The Fund may purchase or sell securities on a when-issued, delayed-delivery or forward commitment basis. Such securities may include mortgage-backed securities acquired or sold in the to-be-announced (TBA) market and those in a dollar roll transaction. The Fund may invest in securities that are issued through private offerings without registration with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the Securities Act). The Fund may also invest in securities that may be offered and sold only to qualified institutional buyers under Rule 144A under the Securities Act. The Funds use of short-term instruments, especially in connection with the hedging of interest rate risk, may result in significant frequent trading transactions, which can contribute to the Funds having a portfolio turnover rate in excess of 300% annually.

AOBSX Performance

Total returns for AOBSX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	10.8%

AOBSX Risk Information

Risk metrics for AOBSX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 4.6%

AOBSX Costs and Fees

AOBSX costs about $20 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.20%
Gross expense ratio: 1.04%
Portfolio turnover: 902%
Brokerage commissions: 0.80 bps of average net assets (SEC N-CEN)

AOBSX Cashflows

Over the 12 months to 2020-06, AllianzGI Core Bond Fund had net inflows of $14.51M, from monthly SEC N-PORT filings.

Month	Net flow
2020-06	$1.60M
2020-05	−$3.55M
2020-04	−$177.49K
2020-03	−$183.62K
2020-02	$14.69M
2020-01	−$1.09M

AOBSX Debt Constituents

No individual debt constituents are reported in AllianzGI Core Bond Fund's latest SEC N-PORT filing.

AOBSX Prospectus and SEC Filings

Official AllianzGI Core Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Total / Aggregate Bond funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.