AllianzGI NFJ Dividend Interest & Premium SFind Ratings Reports
- Last Ratings Update:06/30/2016
- Price as of 06/30/2016 :$12.28
- Net Assets:$1,288.32 Million
- Peer Rank:88 of 118
- Investment Rating:C-
We rate AllianzGI NFJ Div Int and Prem Str at C-. Positive factors that influence this rating include a low price volatility and low expense structure. The fund invests approximately 71% of its assets in stocks and may be considered for investors seeking a Growth & Income strategy.
POSITIVES AND RISKS
Total return ranks below peers over the last three years. The AllianzGI NFJ Div Int and Prem Str has returned an annual rate of 2.69% since inception. More recently, the fund has generated a total return of 1.96% in the last five years, 0.80% in the last three years, and -8.82% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 37% of them. It has also outpaced 29% of its competitors on a three year basis and 26% of them over the last year for the period ending 6/30/2016. On a year to date basis, NFJ has returned 4.72%.
Downside risk has been above average. NFJ has a draw down risk of -39.88%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 12.1%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 6/30/2016, the fund was trading at a price of $12.28, which is 4.2% below its 52-week high of $12.82 and 3.1% above its 52-week low of $11.91.
Low expense ratio helps performance. On total assets of $1.29 billion, NFJ maintains a low expense ratio compared to its Growth & Income peers of just 0.97% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As NFJ is a closed end fund, it has no front end or back end load.