AZL DFA International Core Equity Fund
Data updated: 2026-08-25
C000146453 — AZL DFA International Core Equity Fund. Developed ex-US Multi-Cap / All-Cap Value Equity. Holdings, fees, performance and SEC filings.
C000146453 Fund Overview
AZL DFA International Core Equity Fund is a US mutual fund managed by Allianz Variable Insurance Products Trust, categorised as Developed ex-US Multi-Cap / All-Cap Value Equity. 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 Trust
- Category: Developed ex-US Multi-Cap / All-Cap Value Equity
- Assets under management: $296.54M
- 1-year return: 21.3%
- SEC CIK: 0001091439
- SEC series ID: S000046865
- Share class ID: C000146453
C000146453 Investment Objective and Strategy
AZL DFA International Core Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Allianz Variable Insurance Products Trust.
Investment objective
The Fund seeks long-term capital appreciation.
Principal investment strategy
To achieve the Funds investment objective, the Subadviser ( as defined below ) implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Funds design emphasizes long-term drivers of expected returns identified by the Subadvisers research, while balancing risk through broad diversification across companies, sectors, and countries . The Subadvisers portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs. The Fund is designed to purchase a broad and diverse group of equity securities within a market capitalization weighted universe (e.g., the larger the company, the greater the proportion of the universe it represents) of non-U.S.
companies associated with developed markets that have been authorized for investment by the Subadvisers Investment Committee (the International Universe) . The Fund invests in companies of all sizes, with meaningfully increased exposure to smaller capitalization, lower relative price and higher profitability companies as compared to their representation in the International Universe. The Funds meaningfully increased exposure to smaller capitalization, lower relative price and higher profitability companies may be achieved by decreasing the allocation of the Funds assets to larger capitalization, higher relative price or lower profitability companies relative to their weight in the International Universe. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value.
An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, the Subadviser may consider additional factors such as price to cash flow or price to earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria the Subadviser uses for assessing relative price and profitability are subject to change from time to time. The Fund intends to purchase securities of companies associated with developed market countries that the Subadviser has designated as approved markets. As a non-fundamental policy, under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities.
The Subadviser determines company size on a country or region specific basis and based primarily on market capitalization. The Subadviser may also increase or reduce the Funds exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a companys price momentum, short-run reversals and investment characteristics. In assessing a companys investment characteristics, the Subadviser considers ratios such as recent changes in assets divided by total assets. The criteria the Subadviser uses for assessing a companys investment characteristics are subject to change from time to time. In addition, the Subadviser seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.
The Fund may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuers domicile country. The Fund also may purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices, to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Fund.
C000146453 Holdings
Top 10 holdings of AZL DFA International Core Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Blackrock Liquidity Funds Fedfund Portfolio | 1.63% |
| Royal Bank Of Canada | 1.24% |
| ASML Holding N.V. | 0.79% |
| Nestle S.A. | 0.78% |
| ASML Holding N.V. | 0.75% |
| Shell PLC | 0.67% |
| Roche Holding AG | 0.66% |
| Bhp Group Limited | 0.59% |
| Novartis AG | 0.54% |
| SoftBank Group Corp. | 0.47% |
C000146453 Portfolio Allocation
Asset-class allocation of AZL DFA International Core Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.6% |
| Other | 3.0% |
| Cash & Equivalents | 1.7% |
C000146453 Performance
Total returns for C000146453 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 8.7% |
| 1 year | 21.3% |
| 3 years (annualised) | 17.2% |
| 5 years (annualised) | 9.0% |
C000146453 Risk Information
Risk metrics for C000146453, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.8%
C000146453 Costs and Fees
C000146453 costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.31%
- Portfolio turnover: 5%
- Brokerage commissions: 1.08 bps of average net assets (SEC N-CEN)
C000146453 Cashflows
Over the 12 months to 2026-06, AZL DFA International Core Equity Fund had net outflows of $69.90M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$3.46M |
| 2026-05 | $0 |
| 2026-04 | $4.96K |
| 2026-03 | −$1.42M |
| 2026-02 | −$16.08M |
| 2026-01 | −$15.48M |
C000146453 Debt Constituents
No individual debt constituents are reported in AZL DFA International Core Equity Fund's latest SEC N-PORT filing.
C000146453 Prospectus and SEC Filings
Official AZL DFA International Core Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus supplement (497) — filed 2025-05-01
- 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
Related Funds
Other Developed ex-US Multi-Cap / All-Cap Value Equity 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.