AZL Balanced Index Strategy Fund
Data updated: 2026-08-25
C000075564 — AZL Balanced Index Strategy Fund. Alternative · $319.32M AUM · 0.71% expense ratio. Holdings, fees, performance and SEC filings.
C000075564 Fund Overview
AZL Balanced Index Strategy Fund is a US mutual fund managed by Allianz Variable Insurance Products Fund Of Funds Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Allianz Variable Insurance Products Fund Of Funds Trust
- Category: Alternative
- Assets under management: $319.32M
- 1-year return: 12.5%
- SEC CIK: 0001301708
- SEC series ID: S000025338
- Share class ID: C000075564
C000075564 Investment Objective and Strategy
AZL Balanced Index Strategy Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Allianz Variable Insurance Products Fund Of Funds Trust.
Investment objective
The Fund seeks long-term capital appreciation with preservation of capital as an important consideration.
Principal investment strategy
The Fund is a fund of funds that, under normal market conditions, seeks to achieve its investment objective by investing primarily in a combination of five underlying index funds: Fund Target Allocation AZL Enhanced Bond Index Fund 50% AZL S&P 500 Index Fund 31% AZL International Index Fund 14% AZL Mid Cap Index Fund 3% AZL Small Cap Stock Index Fund 2% The AZL Enhanced Bond Index Fund is a bond index fund, subadvised by BlackRock Financial Management, Inc. ; the other four underlying funds are equity index funds, subadvised by BlackRock Investment Management, LLC. Under normal market conditions, the Fund will allocate approximately 50% of its assets in the underlying equity index funds and approximately 50% of its assets in the underlying bond index fund. These target allocations represent the Funds long-term strategic asset allocation, which is not expected to change under normal market conditions.
The investment results of the underlying funds will vary. As a result, the Manager monitors the actual allocations to the underlying funds daily and periodically adjusts the actual allocations to attempt to achieve the target allocation. Generally, the Manager will seek to maintain the actual fund allocations to target using the cash flows that result from contract holders buying or selling shares in the Fund. However, if cash flows were insufficient to maintain the target allocations, the Manager would then buy or sell underlying funds as necessary to attempt to return the Funds actual asset allocations to the targets. Generally, the actual allocations will not be more than 10% above or below the targets. The AZL Enhanced Bond Index Fund under normal circumstances invests in a combination of securities with an overall weighting close to the capitalization weights of the Bloomberg U.S.
Aggregate Bond Index (the Index). Under normal market conditions, the Fund invests at least 80% of its net assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. Further, under normal circumstances, the Fund invests at least 80% of the value of its net assets in securities or other financial instruments that are components of or have economic characteristics similar to the securities included in the Index. The subadviser of the AZL Enhanced Bond Index Fund uses the Index as a guide in structuring the Fund and selecting its investments and manages the Fund to have similar overall interest rate risk to the Index, with the investment objective of seeking to exceed the total return of the Index. The AZL S&P 500 Index Fund under normal circumstances invests at least 80% of the value of its net assets in the securities of or in a statistically selected sampling of the securities of companies included in the S&P 500 Index or in derivative instruments linked to that Index.
The AZL Mid Cap Index Fund under normal circumstances invests at least 80% of the value of its net assets in a statistically selected sampling of equity securities of companies included in the S&P MidCap 400 Index and in derivative instruments linked to the S&P MidCap 400 Index, primarily futures contracts. The AZL Small Cap Stock Index Fund under normal market conditions invests at least 80% of its assets, plus any borrowings for investment purposes, in investments of small-capitalization companies, which for this purpose are companies with market capitalizations (the total market value of a companys outstanding stock) at the time of purchase included in the S&P SmallCap 600 Index. The AZL International Index Fund under normal circumstances invests at least 80% of the value of its net assets in a statistically selected sampling of equity securities of companies included in the MSCI EAFE Index and in derivative instruments linked to the MSCI EAFE Index, primarily futures contracts.
C000075564 Holdings
Top 5 holdings of AZL Balanced Index Strategy Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| AZL Enhanced Bond Index Fund | 48.89% |
| AZL S&P 500 Index Fund;2 | 31.37% |
| AZL International Index Fund | 14.27% |
| AZL Mid Cap Index Fund | 3.27% |
| AZL Small Cap Stock Index Fund | 2.25% |
C000075564 Portfolio Allocation
Asset-class allocation of AZL Balanced Index Strategy Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 100.1% |
C000075564 Performance
Total returns for C000075564 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.7% |
| 1 year | 12.5% |
| 3 years (annualised) | 10.9% |
| 5 years (annualised) | 5.2% |
C000075564 Risk Information
Risk metrics for C000075564, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.8%
C000075564 Costs and Fees
C000075564 costs about $71 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.71%
- Gross expense ratio: 0.71%
- Portfolio turnover: 12%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000075564 Cashflows
Over the 12 months to 2026-06, AZL Balanced Index Strategy Fund had net outflows of $14.35M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.52M |
| 2026-05 | −$3.42M |
| 2026-04 | −$2.86M |
| 2026-03 | −$6.29M |
| 2026-02 | −$3.40M |
| 2026-01 | −$1.84M |
C000075564 Debt Constituents
No individual debt constituents are reported in AZL Balanced Index Strategy Fund's latest SEC N-PORT filing.
C000075564 Prospectus and SEC Filings
Official AZL Balanced Index Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-06-01
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-13
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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.