UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-06161
Virtus Investment Trust
(Exact name of registrant as specified in charter)
101 Munson Street
Greenfield, MA 01301-9683
(Address of principal executive offices) (Zip code)
Jennifer Fromm, Esq.
Vice President, Chief Legal Officer, Counsel and Secretary for Registrant
One Financial Plaza
Hartford, CT 06103-2608
(Name and address of agent for service)
Registrant’s telephone number, including area code: 800-243-1574
Date of fiscal year end: June 30
Date of reporting period: June 30, 2021
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. | Reports to Stockholders. |
(a) | The Report to Shareholders is attached herewith. |
(b) | Not applicable. |
Virtus AllianzGI Emerging Markets Opportunities Fund (f/k/a AllianzGI Emerging Markets Opportunities Fund) |
Virtus AllianzGI Focused Growth Fund* (f/k/a AllianzGI Focused Growth Fund) |
Virtus AllianzGI Global Small-Cap Fund* (f/k/a AllianzGI Global Small-Cap Fund) |
Virtus AllianzGI Health Sciences Fund (f/k/a AllianzGI Health Sciences Fund) |
Virtus AllianzGI Income & Growth Fund* (f/k/a AllianzGI Income & Growth Fund) |
Virtus AllianzGI Mid-Cap Growth Fund (f/k/a AllianzGI Mid-Cap Fund) |
Virtus AllianzGI Small-Cap Fund (f/k/a AllianzGI Small-Cap Fund) |
Virtus AllianzGI Technology Fund (f/k/a AllianzGI Technology Fund) |
Virtus NFJ Dividend Value Fund (f/k/a AllianzGI Dividend Value Fund) |
Virtus NFJ International Value Fund (f/k/a AllianzGI International Value Fund) |
Virtus NFJ Large-Cap Value Fund (f/k/a AllianzGI Large-Cap Value Fund) |
Virtus NFJ Mid-Cap Value Fund (f/k/a AllianzGI Mid-Cap Value Fund) |
Virtus NFJ Small-Cap Value Fund (f/k/a AllianzGI Small-Cap Value Fund) |
1 | ||
2 | ||
6 | ||
Fund | Fund Summary | Schedule of Investments |
9 | 39 | |
12 | 41 | |
14 | 43 | |
17 | 46 | |
20 | 48 | |
23 | 60 | |
25 | 62 | |
27 | 67 | |
29 | 70 | |
31 | 72 | |
33 | 74 | |
35 | 76 | |
37 | 78 | |
80 | ||
88 | ||
93 | ||
98 | ||
110 | ||
134 | ||
135 | ||
136 | ||
137 |
President, Virtus Funds
Beginning Account Value January 1, 2021 | Ending Account Value June 30, 2021 | Annualized Expense Ratio | Expenses Paid During Period* | |||||
AllianzGI Emerging Markets Opportunities Fund | ||||||||
Class A | $ 1,000.00 | $ 1,109.40 | 1.29 % | $ 6.75 | ||||
Class C | 1,000.00 | 1,105.20 | 2.04 | 10.65 | ||||
Class P | 1,000.00 | 1,110.80 | 1.03 | 5.39 | ||||
Institutional Class | 1,000.00 | 1,111.40 | 0.94 | 4.92 | ||||
Class R6 | 1,000.00 | 1,111.50 | 0.89 | 4.66 | ||||
AllianzGI Focused Growth Fund | ||||||||
Class A | 1,000.00 | 1,127.00 | 0.95 | 5.01 | ||||
Class C | 1,000.00 | 1,122.90 | 1.69 | 8.90 | ||||
Class P | 1,000.00 | 1,128.10 | 0.71 | 3.75 | ||||
Institutional Class | 1,000.00 | 1,128.50 | 0.67 | 3.54 | ||||
Class R6 | 1,000.00 | 1,128.80 | 0.62 | 3.27 | ||||
Administrative Class | 1,000.00 | 1,127.40 | 0.92 | 4.85 | ||||
AllianzGI Global Small-Cap Fund | ||||||||
Class A | 1,000.00 | 1,112.30 | 1.59 | 8.33 | ||||
Class C | 1,000.00 | 1,108.10 | 2.33 | 12.18 | ||||
Class P | 1,000.00 | 1,113.50 | 1.34 | 7.02 | ||||
Institutional Class | 1,000.00 | 1,114.00 | 1.28 | 6.71 | ||||
AllianzGI Health Sciences Fund | ||||||||
Class A | 1,000.00 | 1,138.60 | 1.40 | 7.42 | ||||
Class C | 1,000.00 | 1,134.50 | 2.14 | 11.33 | ||||
Class P | 1,000.00 | 1,140.20 | 1.13 | 6.00 | ||||
Institutional Class | 1,000.00 | 1,140.20 | 1.13 | 6.00 | ||||
AllianzGI Income & Growth Fund | ||||||||
Class A | 1,000.00 | 1,070.80 | 1.14 | 5.85 | ||||
Class C | 1,000.00 | 1,066.70 | 1.89 | 9.68 | ||||
Class P | 1,000.00 | 1,072.00 | 0.90 | 4.62 | ||||
Institutional Class | 1,000.00 | 1,072.00 | 0.89 | 4.57 | ||||
AllianzGI Mid-Cap Growth Fund | ||||||||
Class A | 1,000.00 | 1,112.40 | 1.00 | 5.24 | ||||
Class C | 1,000.00 | 1,109.70 | 1.75 | 9.15 | ||||
Class P | 1,000.00 | 1,114.60 | 0.76 | 3.98 | ||||
Institutional Class | 1,000.00 | 1,114.90 | 0.78 | 4.09 | ||||
Administrative Class | 1,000.00 | 1,112.50 | 0.96 | 5.03 |
Beginning Account Value January 1, 2021 | Ending Account Value June 30, 2021 | Annualized Expense Ratio | Expenses Paid During Period* | |||||
AllianzGI Small-Cap Fund | ||||||||
Class A | $1,000.00 | $1,150.70 | 1.17% | $ 6.24 | ||||
Class C | 1,000.00 | 1,146.40 | 1.92 | 10.22 | ||||
Class P | 1,000.00 | 1,152.00 | 0.92 | 4.91 | ||||
Institutional Class | 1,000.00 | 1,152.80 | 0.82 | 4.38 | ||||
Class R6 | 1,000.00 | 1,153.10 | 0.77 | 4.11 | ||||
AllianzGI Technology Fund | ||||||||
Class A | 1,000.00 | 1,067.50 | 1.43 | 7.33 | ||||
Class C | 1,000.00 | 1,063.60 | 2.18 | 11.15 | ||||
Class P | 1,000.00 | 1,068.70 | 1.18 | 6.05 | ||||
Institutional Class | 1,000.00 | 1,069.00 | 1.15 | 5.90 | ||||
Administrative Class | 1,000.00 | 1,067.60 | 1.41 | 7.23 | ||||
NFJ Dividend Value Fund | ||||||||
Class A | 1,000.00 | 1,148.10 | 1.00 | 5.33 | ||||
Class C | 1,000.00 | 1,144.50 | 1.73 | 9.20 | ||||
Class P | 1,000.00 | 1,149.20 | 0.73 | 3.89 | ||||
Institutional Class | 1,000.00 | 1,149.70 | 0.70 | 3.73 | ||||
Class R6 | 1,000.00 | 1,150.80 | 0.65 | 3.47 | ||||
Administrative Class | 1,000.00 | 1,149.20 | 0.94 | 5.01 | ||||
NFJ International Value Fund | ||||||||
Class A | 1,000.00 | 1,113.40 | 1.31 | 6.86 | ||||
Class C | 1,000.00 | 1,109.40 | 2.00 | 10.46 | ||||
Class P | 1,000.00 | 1,114.90 | 1.02 | 5.35 | ||||
Institutional Class | 1,000.00 | 1,115.30 | 0.95 | 4.98 | ||||
Class R6 | 1,000.00 | 1,115.10 | 0.90 | 4.72 | ||||
Administrative Class | 1,000.00 | 1,113.50 | 1.22 | 6.39 | ||||
NFJ Large-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,149.00 | 1.02 | 5.43 | ||||
Class C | 1,000.00 | 1,144.90 | 1.75 | 9.31 | ||||
Class P | 1,000.00 | 1,150.40 | 0.76 | 4.05 | ||||
Institutional Class | 1,000.00 | 1,150.80 | 0.74 | 3.95 | ||||
Administrative Class | 1,000.00 | 1,148.90 | 1.00 | 5.33 | ||||
NFJ Mid-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,158.00 | 1.00 | 5.35 | ||||
Class C | 1,000.00 | 1,153.50 | 1.75 | 9.34 | ||||
Class P | 1,000.00 | 1,159.10 | 0.75 | 4.02 | ||||
Institutional Class | 1,000.00 | 1,160.00 | 0.65 | 3.48 | ||||
Class R6 | 1,000.00 | 1,160.20 | 0.60 | 3.21 | ||||
Administrative Class | 1,000.00 | 1,158.10 | 0.90 | 4.82 | ||||
NFJ Small-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,165.10 | 1.18 | 6.33 | ||||
Class C | 1,000.00 | 1,160.90 | 1.90 | 10.18 | ||||
Class P | 1,000.00 | 1,165.80 | 0.90 | 4.83 | ||||
Institutional Class | 1,000.00 | 1,167.00 | 0.82 | 4.41 | ||||
Class R6 | 1,000.00 | 1,166.60 | 0.77 | 4.14 | ||||
Administrative Class | 1,000.00 | 1,165.20 | 1.07 | 5.74 |
* | Expenses are equal to the relevant Fund’s annualized expense ratio, which is net of waived fees and reimbursed expenses, if applicable, multiplied by the average account value over the period, multiplied by the number of days (181) expenses were accrued in the most recent fiscal half-year, then divided by 365 to reflect the one-half year period. |
Beginning Account Value January 1, 2021 | Ending Account Value June 30, 2021 | Annualized Expense Ratio | Expenses Paid During Period* | |||||
AllianzGI Emerging Markets Opportunities Fund | ||||||||
Class A | $ 1,000.00 | $ 1,018.40 | 1.29 % | $ 6.46 | ||||
Class C | 1,000.00 | 1,014.68 | 2.04 | 10.19 | ||||
Class P | 1,000.00 | 1,019.69 | 1.03 | 5.16 | ||||
Institutional Class | 1,000.00 | 1,020.13 | 0.94 | 4.71 | ||||
Class R6 | 1,000.00 | 1,020.38 | 0.89 | 4.46 | ||||
AllianzGI Focused Growth Fund | ||||||||
Class A | 1,000.00 | 1,020.08 | 0.95 | 4.76 | ||||
Class C | 1,000.00 | 1,016.41 | 1.69 | 8.45 | ||||
Class P | 1,000.00 | 1,021.27 | 0.71 | 3.56 | ||||
Institutional Class | 1,000.00 | 1,021.47 | 0.67 | 3.36 | ||||
Class R6 | 1,000.00 | 1,021.72 | 0.62 | 3.11 | ||||
Administrative Class | 1,000.00 | 1,020.23 | 0.92 | 4.61 | ||||
AllianzGI Global Small-Cap Fund | ||||||||
Class A | 1,000.00 | 1,016.91 | 1.59 | 7.95 | ||||
Class C | 1,000.00 | 1,013.24 | 2.33 | 11.63 | ||||
Class P | 1,000.00 | 1,018.15 | 1.34 | 6.71 | ||||
Institutional Class | 1,000.00 | 1,018.45 | 1.28 | 6.41 | ||||
AllianzGI Health Sciences Fund | ||||||||
Class A | 1,000.00 | 1,017.85 | 1.40 | 7.00 | ||||
Class C | 1,000.00 | 1,014.18 | 2.14 | 10.69 | ||||
Class P | 1,000.00 | 1,019.19 | 1.13 | 5.66 | ||||
Institutional Class | 1,000.00 | 1,019.19 | 1.13 | 5.66 | ||||
AllianzGI Income & Growth Fund | ||||||||
Class A | 1,000.00 | 1,019.14 | 1.14 | 5.71 | ||||
Class C | 1,000.00 | 1,015.42 | 1.89 | 9.44 | ||||
Class P | 1,000.00 | 1,020.33 | 0.90 | 4.51 | ||||
Institutional Class | 1,000.00 | 1,020.38 | 0.89 | 4.46 | ||||
AllianzGI Mid-Cap Growth Fund | ||||||||
Class A | 1,000.00 | 1,019.84 | 1.00 | 5.01 | ||||
Class C | 1,000.00 | 1,016.12 | 1.75 | 8.75 | ||||
Class P | 1,000.00 | 1,021.03 | 0.76 | 3.81 | ||||
Institutional Class | 1,000.00 | 1,020.93 | 0.78 | 3.91 | ||||
Administrative Class | 1,000.00 | 1,020.03 | 0.96 | 4.81 | ||||
AllianzGI Small-Cap Fund | ||||||||
Class A | 1,000.00 | 1,018.99 | 1.17 | 5.86 | ||||
Class C | 1,000.00 | 1,015.27 | 1.92 | 9.59 | ||||
Class P | 1,000.00 | 1,020.23 | 0.92 | 4.61 | ||||
Institutional Class | 1,000.00 | 1,020.73 | 0.82 | 4.11 | ||||
Class R6 | 1,000.00 | 1,020.98 | 0.77 | 3.86 | ||||
AllianzGI Technology Fund | ||||||||
Class A | 1,000.00 | 1,017.70 | 1.43 | 7.15 | ||||
Class C | 1,000.00 | 1,013.98 | 2.18 | 10.89 | ||||
Class P | 1,000.00 | 1,018.94 | 1.18 | 5.91 | ||||
Institutional Class | 1,000.00 | 1,019.09 | 1.15 | 5.76 | ||||
Administrative Class | 1,000.00 | 1,017.80 | 1.41 | 7.05 |
Beginning Account Value January 1, 2021 | Ending Account Value June 30, 2021 | Annualized Expense Ratio | Expenses Paid During Period* | |||||
NFJ Dividend Value Fund | ||||||||
Class A | $1,000.00 | $1,019.84 | 1.00% | $ 5.01 | ||||
Class C | 1,000.00 | 1,016.22 | 1.73 | 8.65 | ||||
Class P | 1,000.00 | 1,021.17 | 0.73 | 3.66 | ||||
Institutional Class | 1,000.00 | 1,021.32 | 0.70 | 3.51 | ||||
Class R6 | 1,000.00 | 1,021.57 | 0.65 | 3.26 | ||||
Administrative Class | 1,000.00 | 1,020.13 | 0.94 | 4.71 | ||||
NFJ International Value Fund | ||||||||
Class A | 1,000.00 | 1,018.30 | 1.31 | 6.56 | ||||
Class C | 1,000.00 | 1,014.88 | 2.00 | 9.99 | ||||
Class P | 1,000.00 | 1,019.74 | 1.02 | 5.11 | ||||
Institutional Class | 1,000.00 | 1,020.08 | 0.95 | 4.76 | ||||
Class R6 | 1,000.00 | 1,020.33 | 0.90 | 4.51 | ||||
Administrative Class | 1,000.00 | 1,018.74 | 1.22 | 6.11 | ||||
NFJ Large-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,019.74 | 1.02 | 5.11 | ||||
Class C | 1,000.00 | 1,016.12 | 1.75 | 8.75 | ||||
Class P | 1,000.00 | 1,021.03 | 0.76 | 3.81 | ||||
Institutional Class | 1,000.00 | 1,021.12 | 0.74 | 3.71 | ||||
Administrative Class | 1,000.00 | 1,019.84 | 1.00 | 5.01 | ||||
NFJ Mid-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,019.84 | 1.00 | 5.01 | ||||
Class C | 1,000.00 | 1,016.12 | 1.75 | 8.75 | ||||
Class P | 1,000.00 | 1,021.08 | 0.75 | 3.76 | ||||
Institutional Class | 1,000.00 | 1,021.57 | 0.65 | 3.26 | ||||
Class R6 | 1,000.00 | 1,021.82 | 0.60 | 3.01 | ||||
Administrative Class | 1,000.00 | 1,020.33 | 0.90 | 4.51 | ||||
NFJ Small-Cap Value Fund | ||||||||
Class A | 1,000.00 | 1,018.94 | 1.18 | 5.91 | ||||
Class C | 1,000.00 | 1,015.37 | 1.90 | 9.49 | ||||
Class P | 1,000.00 | 1,020.33 | 0.90 | 4.51 | ||||
Institutional Class | 1,000.00 | 1,020.73 | 0.82 | 4.11 | ||||
Class R6 | 1,000.00 | 1,020.98 | 0.77 | 3.86 | ||||
Administrative Class | 1,000.00 | 1,019.49 | 1.07 | 5.36 |
* | Expenses are equal to the relevant Fund’s annualized expense ratio, which is net of waived fees and reimbursed expenses, if applicable, multiplied by the average account value over the period, multiplied by the number of days (181) expenses were accrued in the most recent fiscal half-year, then divided by 365 to reflect the one-half year period. |
Ticker Symbols: | |
Class A : AOTAX | |
Class C: AOTCX | |
Class P: AEMPX | |
Institutional Class: AOTIX | |
Class R6: AEMOX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking to maximize long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 2021, the Fund’s Class A shares at NAV returned 46.70%, Class C shares at NAV returned 45.62%, Class P shares at NAV returned 47.13%†, Institutional Class shares at NAV returned 47.27%, and Class R6 shares at NAV returned 47.30%†. For the same period, the MSCI Emerging Markets Index (net), the Fund’s style-specific benchmark appropriate for comparison, returned 40.90%. |
Banks | 18% |
Metals & Mining | 11 |
Semiconductors & Semiconductor Equipment | 10 |
Technology Hardware, Storage & Peripherals | 8 |
Oil, Gas & Consumable Fuels | 7 |
Interactive Media & Services | 5 |
Insurance | 4 |
Internet & Direct Marketing Retail | 4 |
Life Sciences Tools & Services | 4 |
Automobiles | 4 |
Other (includes short-term investment) | 25 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 46.70 % | 12.44 % | 4.30 % | — % | — | |||||||
Class A shares at POP3,4 | 38.63 | 11.18 | 3.71 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 45.62 | 11.61 | 3.52 | — | — | |||||||
Class P shares at NAV2 | 47.13 5 | 12.73 | 4.56 | — | — | |||||||
Institutional Class shares at NAV2 | 47.27 | 12.85 | 4.67 | — | — | |||||||
Class R6 shares at NAV2 | 47.30 5 | 12.89 | — | 13.19 | 12/14/15 | |||||||
MSCI Emerging Markets Index (net) | 40.90 | 13.03 | 4.28 | 13.57 6 | — | |||||||
Fund Expense Ratios7: Class A shares: Gross 1.46%, Net 1.30%; Class C shares: Gross 2.19%, Net 2.05%; Class P shares: Gross 1.21%, Net 1.05%; Institutional Class shares: Gross 1.22%, Net 0.95%; Class R6 shares: Gross 1.15%, Net 0.90%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | Total Return for the report period presented in the table differs from the return in the Financial Highlights. The total return presented in the above table is calculated based on the NAV at which shareholder transactions were processed. The total return presented in the Financial Highlights section of the report is calculated in the same manner, but also takes into account certain adjustments that are necessary under generally accepted accounting principles required in the annual report and semiannual report. |
6 | The since inception index return is from the inception date of Class R6 shares. |
7 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : PGWAX | |
Class C: PGWCX | |
Class P: AOGPX | |
Institutional Class: PGFIX | |
Class R6: AFGFX | |
Administrative Class: PGFAX |
Allianz Global Investors U.S. LLC
■ | The Fund is non-diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 47.48%†, Class C shares at NAV returned 46.39%, Class P shares at NAV returned 47.83%, Institutional Class shares at NAV returned 47.94%, Class R6 shares at NAV returned 48.02%, and Administrative Class shares at NAV returned 47.60%. For the same period, the Russell 1000® Growth Index, the Fund’s style-specific benchmark appropriate for comparison, returned 42.50%. |
IT Services | 13% |
Software | 12 |
Interactive Media & Services | 11 |
Technology Hardware, Storage & Peripherals | 9 |
Semiconductors & Semiconductor Equipment | 9 |
Internet & Direct Marketing Retail | 6 |
Healthcare Equipment & Supplies | 5 |
Automobiles | 4 |
Biotechnology | 3 |
Capital Markets | 3 |
Other (includes short-term investment) | 25 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 47.48 % 3 | 23.27 % | 17.75 % | — % | — | |||||||
Class A shares at POP4,5 | 39.37 | 21.89 | 17.08 | — | — | |||||||
Class C shares at NAV2 and with CDSC5 | 46.39 | 22.33 | 16.86 | — | — | |||||||
Class P shares at NAV2 | 47.83 | 23.55 | 18.03 | — | — | |||||||
Institutional Class shares at NAV2 | 47.94 | 23.67 | 18.15 | — | — | |||||||
Class R6 shares at NAV2 | 48.02 | 23.74 | — | 21.17 | 12/14/15 | |||||||
Administrative Class shares at NAV2 | 47.60 | 23.37 | 17.85 | — | — | |||||||
Russell 1000® Growth Index | 42.50 | 23.66 | 17.87 | 21.56 6 | — | |||||||
Fund Expense Ratios7: Class A shares: Gross 0.95%, Net 0.95%; Class C shares: Gross 1.67%, Net 1.67%; Class P shares: Gross 0.71%, Net 0.71%; Institutional Class shares: Gross 0.69%, Net 0.67%; Class R6 shares: Gross 0.63%, Net 0.62%; Administrative Class shares: Gross 0.96%, Net 0.92%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | Total Return for the report period presented in the table differs from the return in the Financial Highlights. The total return presented in the above table is calculated based on the NAV at which shareholder transactions were processed. The total return presented in the Financial Highlights section of the report is calculated in the same manner, but also takes into account certain adjustments that are necessary under generally accepted accounting principles required in the annual report and semiannual report. |
4 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
5 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
6 | The since inception index return is from the inception date of Class R6 shares. |
7 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : RGSAX | |
Class C: RGSCX | |
Class P: ARSPX | |
Institutional Class: DGSCX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 2021, the Fund’s Class A shares at NAV returned 53.24%, Class C shares at NAV returned 52.11%, Class P shares at NAV returned 53.62%†, and Institutional Class shares at NAV returned 53.75%. For the same period, the MSCI World Small-Cap Index (net), the Fund’s style-specific benchmark appropriate for comparison, returned 52.88%. |
Machinery | 6% |
Banks | 5 |
Chemicals | 5 |
IT Services | 5 |
Healthcare Equipment & Supplies | 4 |
Semiconductors & Semiconductor Equipment | 4 |
Electronic Equipment, Instruments & Components | 3 |
Construction & Engineering | 3 |
Software | 3 |
Specialty Retail | 3 |
Other (includes short-term investment) | 59 |
Total | 100% |
1 Year | 5 Years | 10 Years | ||||||
Class A shares at NAV2 | 53.24 % | 14.18% | 10.57% | |||||
Class A shares at POP3,4 | 44.82 | 12.89 | 9.94 | |||||
Class C shares at NAV2 and with CDSC4 | 52.11 | 13.32 | 9.74 | |||||
Class P shares at NAV2 | 53.62 5 | 14.45 | 10.84 | |||||
Institutional Class shares at NAV2 | 53.75 | 14.57 | 10.95 | |||||
MSCI World Small-Cap Index (net) | 52.88 | 14.37 | 10.54 | |||||
Fund Expense Ratios6: Class A shares: Gross 1.65%, Net 1.63%; Class C shares: Gross 2.39%, Net 2.38%; Class P shares: Gross 1.42%, Net 1.38%; Institutional Class shares: Gross 1.41%, Net 1.28%; Class R6 shares: Gross 1.34%, Net 1.23%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | Total Return for the report period presented in the table differs from the return in the Financial Highlights. The total return presented in the above table is calculated based on the NAV at which shareholder transactions were processed. The total return presented in the Financial Highlights section of the report is calculated in the same manner, but also takes into account certain adjustments that are necessary under generally accepted accounting principles required in the annual report and semiannual report. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : RAGHX | |
Class C: RCGHX | |
Class P: AAAEX | |
Institutional Class: HLHIX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 27.66%, Class C shares at NAV returned 26.73%, Class P shares at NAV returned 26.91% from July 13, 2020 (inception date) through June 30, 2021, and Institutional Class shares at NAV returned 28.07%. For the same period, the MSCI World Health Care Index (net), the Fund’s style-specific benchmark appropriate for comparison, returned 23.04%. |
Pharmaceuticals | 35% |
Healthcare Equipment & Supplies | 23 |
Healthcare Providers & Services | 15 |
Biotechnology | 14 |
Life Sciences Tools & Services | 11 |
Short-Term Investment | 2 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 27.66 % | 14.43 % | 13.98 % | — % | — | |||||||
Class A shares at POP3,4 | 20.63 | 13.14 | 13.34 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 26.73 | 13.58 | 13.14 | — | — | |||||||
Class P shares at NAV2 | — | — | — | 26.91 | 7/13/20 | |||||||
Institutional Class shares at NAV2 | 28.07 | 14.82 | — | 11.87 | 12/22/14 | |||||||
MSCI World Health Care Index (net) | 23.04 | 12.33 | 13.14 | — 5 | — | |||||||
Fund Expense Ratios6: Class A shares: 1.34%; Class C shares: 2.07%; Class P shares: 1.09%; Institutional Class shares: 1.10%; Class R6 shares: 1.03%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index returned 21.44% for the inception date of Class P shares and 9.80% for the inception date of Institutional Class shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : AZNAX | |
Class C: AZNCX | |
Class P: AIGPX | |
Institutional Class: AZNIX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking total return comprised of current income, current gains and capital appreciation.“There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 30.19%†, Class C shares at NAV returned 29.20%†, Class P shares at NAV returned 30.52%†, and Institutional Class shares at NAV returned 30.62%†. For the same period, the S&P 500® Index, the Fund’s style-specific benchmark appropriate for comparison, returned 40.79% and Bloomberg Barclays U.S. Aggregate Bond Index, a broad-based index, returned -0.33%. |
Common Stocks | 33% | |
Software | 4% | |
Interactive Media & Services | 4 | |
IT Services | 3 | |
All other Common Stocks | 22 | |
Corporate Bonds and Notes | 31 | |
Oil, Gas & Consumable Fuels | 3 | |
Media | 3 | |
Telecommunications | 3 | |
All other Corporate Bonds and Notes | 22 | |
Convertible Bonds and Notes | 25 | |
Internet | 5 | |
Software | 5 | |
Semiconductors | 1 | |
All other Convertible Bonds and Notes | 14 | |
Convertible Preferred Stocks | 6 | |
Short-Term Investment | 4 | |
Leveraged Loans | 1 | |
Total | 100% |
1 Year | 5 Years | 10 Years | ||||||
Class A shares at NAV2 | 30.19 % 3 | 12.88% | 9.27% | |||||
Class A shares at POP4,5 | 23.03 | 11.61 | 8.65 | |||||
Class C shares at NAV2 and with CDSC4 | 29.20 3 | 12.06 | 8.45 | |||||
Class P shares at NAV2 | 30.52 3 | 13.17 | 9.53 | |||||
Institutional Class shares at NAV2 | 30.62 3 | 13.28 | 9.64 | |||||
Bloomberg Barclays U.S. Aggregate Bond Index | -0.33 | 3.03 | 3.39 | |||||
S&P 500® Index | 40.79 | 17.65 | 14.84 | |||||
Fund Expense Ratios6: Class A shares: 1.13%; Class C shares: 1.87%; Class P shares: 0.90%; Institutional Class shares: 0.88%; Class R6 shares: 0.82%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | Total Return for the report period presented in the table differs from the return in the Financial Highlights. The total return presented in the above table is calculated based on the NAV at which shareholder transactions were processed. The total return presented in the Financial Highlights section of the report is calculated in the same manner, but also takes into account certain adjustments that are necessary under generally accepted accounting principles required in the annual report and semiannual report. |
4 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
5 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : RMDAX | |
Class C: RMDCX | |
Class P: ARMPX | |
Institutional Class: DRMCX | |
Administrative Class: DRMAX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 53.25%, Class C shares at NAV returned 52.17%, Class P shares at NAV returned 53.49%, Institutional Class shares at NAV returned 53.86%, and Administrative Class at NAV returned 53.26%. For the same period, the Russell Midcap® Growth Index, the Fund’s style-specific benchmark appropriate for comparison, returned 43.77%. |
Software | 12% |
Healthcare Equipment & Supplies | 11 |
IT Services | 9 |
Semiconductors & Semiconductor Equipment | 9 |
Electronic Equipment, Instruments & Components | 6 |
Electrical Equipment | 4 |
Biotechnology | 3 |
Entertainment | 3 |
Hotels, Restaurants & Leisure | 3 |
Life Sciences Tools & Services | 3 |
Other (includes short-term investment) | 37 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 53.25 % | 23.20 % | 15.10 % | — % | — | |||||||
Class A shares at POP3,4 | 44.82 | 21.81 | 14.45 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 52.17 | 22.27 | 14.29 | — | — | |||||||
Class P shares at NAV2 | 53.49 | 23.51 | — | 16.68 | 4/2/12 | |||||||
Institutional Class shares at NAV2 | 53.86 | 23.65 | 15.52 | — | — | |||||||
Administrative Class shares at NAV2 | 53.26 | 23.32 | 15.24 | — | — | |||||||
Russell Midcap® Growth Index | 43.77 | 20.52 | 15.13 | 16.00 5 | — | |||||||
Fund Expense Ratios6: Class A shares: 0.97%; Class C shares: 1.70%; Class P shares: 0.73%; Institutional Class shares: 0.74%; Administrative Class shares: 1.01%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index return is from the inception date of Class P shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : AZBAX | |
Class C: AZBCX | |
Class P: AZBPX | |
Institutional Class: AZBIX | |
Class R6: ASCFX |
Allianz Global Investors U.S. LLC
■ | The Fund is diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 56.80%, Class C shares at NAV returned 55.63%, Class P shares at NAV returned 57.18%, Institutional Class shares at NAV returned 57.35%, and Class R6 at NAV returned 57.37%. For the same period, the Russell 2000® Index, the Fund’s style-specific benchmark appropriate for comparison, returned 62.03%. |
Biotechnology | 6% |
Healthcare Equipment & Supplies | 5 |
Specialty Retail | 5 |
Banks | 5 |
Semiconductors & Semiconductor Equipment | 4 |
Food Products | 4 |
Healthcare Providers & Services | 4 |
Software | 4 |
Oil, Gas & Consumable Fuels | 3 |
Capital Markets | 3 |
Other (includes short-term investment) | 57 |
Total | 100% |
1 Year | 5 Years | Since inception | Inception date | |||||||
Class A shares at NAV2 | 56.80 % | 15.63 % | 12.33 % | 7/1/13 | ||||||
Class A shares at POP3,4 | 48.17 | 14.33 | 11.54 | 7/1/13 | ||||||
Class C shares at NAV2 and with CDSC4 | 55.63 | 14.76 | 11.50 | 7/1/13 | ||||||
Class P shares at NAV2 | 57.18 | 15.92 | 12.61 | 7/1/13 | ||||||
Institutional Class shares at NAV2 | 57.35 | 16.04 | 12.73 | 7/1/13 | ||||||
Class R6 shares at NAV2 | 57.37 | — | 10.97 | 8/22/18 | ||||||
Russell 2000® Index | 62.03 | 16.47 | — 5 | — | ||||||
Fund Expense Ratios6: Class A shares: Gross 1.30%, Net 1.22%; Class C shares: Gross 2.04%, Net 1.97%; Class P shares: Gross 1.07%, Net 0.97%; Institutional Class shares: Gross 1.07%, Net 0.87%; Class R6 shares: Gross 1.00%, Net 0.82%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index returned 12.67% from the inception date of Class A shares, Class C shares, Class P shares, and Institutional Class shares and 12.31% from the inception date of Class R6 shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : RAGTX | |
Class C: RCGTX | |
Class P: ARTPX | |
Institutional Class: DRGTX | |
Administrative Class: DGTAX |
Allianz Global Investors U.S. LLC
■ | The Fund is non-diversified and has an investment objective of seeking long-term capital appreciation. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 45.06%, Class C shares at NAV returned 44.01%, Class P shares at NAV returned 45.42%†, Institutional Class shares at NAV returned 45.53%, and Administrative Class shares at NAV returned 45.15%. For the same period, the S&P North American Technology Sector Index, the Fund’s style-specific benchmark appropriate for comparison, returned 46.07% and NASDAQ Composite® Index, a broad-based index, returned 45.23%. |
Software | 21% |
Semiconductors & Semiconductor Equipment | 18 |
Interactive Media & Services | 15 |
IT Services | 15 |
Technology Hardware, Storage & Peripherals | 8 |
Internet & Direct Marketing Retail | 5 |
Hotels, Restaurants & Leisure | 3 |
Automobiles | 3 |
Communications Equipment | 2 |
Electronic Equipment, Instruments & Components | 2 |
Other (includes short-term investment and written options) | 8 |
Total | 100% |
1 Year | 5 Years | 10 Years | ||||||
Class A shares at NAV2 | 45.06 % | 31.19% | 19.47% | |||||
Class A shares at POP3,4 | 37.08 | 29.71 | 18.80 | |||||
Class C shares at NAV2 and with CDSC4 | 44.01 | 30.21 | 18.59 | |||||
Class P shares at NAV2 | 45.42 5 | 31.52 | 19.78 | |||||
Institutional Class shares at NAV2 | 45.53 | 31.64 | 19.89 | |||||
Administrative Class shares at NAV2 | 45.15 | 31.31 | 19.59 | |||||
NASDAQ Composite® Index | 45.23 | 25.80 | 19.32 | |||||
S&P North American Technology Sector Index | 46.07 | 31.03 | 22.02 | |||||
Fund Expense Ratios6: Class A shares: 1.40%; Class C shares: 2.13%; Class P shares: 1.15%; Institutional Class shares: 1.14%; Administrative Class shares: 1.39%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | Total Return for the report period presented in the table differs from the return in the Financial Highlights. The total return presented in the above table is calculated based on the NAV at which shareholder transactions were processed. The total return presented in the Financial Highlights section of the report is calculated in the same manner, but also takes into account certain adjustments that are necessary under generally accepted accounting principles required in the annual report and semiannual report. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : PNEAX | |
Class C: PNECX | |
Class P: ADJPX | |
Institutional Class: NFJEX | |
Class R6: ANDVX | |
Administrative Class: ANDAX |
NFJ Investment Group, LLC
■ | The Fund is diversified and has an investment objective of seeking long-term growth of capital and income. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 33.47%, Class C shares at NAV returned 32.53%, Class P shares at NAV returned 33.79%, Institutional Class shares at NAV returned 33.95%, Class R6 shares at NAV returned 33.98%, and Administrative Class shares at NAV returned 33.55%. For the same period, the Russell 1000® Value Index, the Fund’s style-specific benchmark appropriate for comparison, returned 43.68%. |
Financials | 20% |
Industrials | 15 |
Health Care | 14 |
Real Estate | 11 |
Information Technology | 10 |
Consumer Discretionary | 7 |
Utilities | 7 |
Other (includes short-term investment) | 16 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 33.47 % | 10.04 % | 9.03 % | — % | — | |||||||
Class A shares at POP3,4 | 26.13 | 8.80 | 8.41 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 32.53 | 9.23 | 8.22 | — | — | |||||||
Class P shares at NAV2 | 33.79 | 10.31 | 9.30 | — | — | |||||||
Institutional Class shares at NAV2 | 33.95 | 10.42 | 9.41 | — | — | |||||||
Class R6 shares at NAV2 | 33.98 | 10.48 | — | 7.91 | 12/19/13 | |||||||
Administrative Class shares at NAV2 | 33.55 | 10.15 | 9.14 | — | ||||||||
Russell 1000® Value Index | 43.68 | 11.87 | 11.61 | 10.17 5 | — | |||||||
Fund Expense Ratios6: Class A shares: Gross 0.97%, Net 0.97%; Class C shares: Gross 1.71%, Net 1.71%; Class P shares: Gross 0.73%, Net 0.73%; Institutional Class shares: Gross 0.73%, Net 0.70%; Class R6 shares: Gross 0.65%, Net 0.65%; Administrative Class shares: Gross 0.99%, Net 0.95%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index return is from the inception date of Class R6 shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : AFJAX | |
Class C: AFJCX | |
Class P: AFVPX | |
Institutional Class: ANJIX | |
Class R6: ANAVX | |
Administrative Class: AIVAX |
NFJ Investment Group, LLC
■ | The Fund is diversified and has an investment objective of seeking long-term growth of capital and income. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 38.47%, Class C shares at NAV returned 37.40%, Class P shares at NAV returned 38.86%, Institutional Class shares at NAV returned 38.95%, Class R6 shares at NAV returned 38.97%, and Administration Class shares at NAV returned 38.57%. For the same period, the MSCI AC World Index ex USA (net), the Fund’s style-specific benchmark appropriate for comparison, returned 35.72%. |
Financials | 24% |
Information Technology | 19 |
Consumer Discretionary | 10 |
Real Estate | 10 |
Industrials | 9 |
Materials | 7 |
Energy | 5 |
Other (includes short-term investment) | 16 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 38.47 % | 9.21 % | 2.92 % | — % | — | |||||||
Class A shares at POP3,4 | 30.85 | 7.98 | 2.34 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 37.40 | 8.40 | 2.16 | — | — | |||||||
Class P shares at NAV2 | 38.86 | 9.48 | 3.18 | — | — | |||||||
Institutional Class shares at NAV2 | 38.95 | 9.58 | 3.29 | — | — | |||||||
Class R6 shares at NAV2 | 38.97 | 9.63 | — | 2.82 | 12/19/13 | |||||||
Administrative Class shares at NAV2 | 38.57 | 9.33 | 3.04 | — | — | |||||||
MSCI AC World ex USA Index (net) | 35.72 | 11.08 | 5.45 | 6.08 5 | — | |||||||
Fund Expense Ratios6: Class A shares: Gross 1.28%, Net 1.28%; Class C shares: Gross 1.97%, Net 1.97%; Class P shares: Gross 1.02%, Net 1.02%; Institutional Class shares: Gross 0.97%, Net 0.95%; Class R6 shares: Gross 0.93%, Net 0.90%; Administrative Class shares: Gross 1.23%, Net 1.20%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index return is from the inception date of Class R6 shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : PNBAX | |
Class C: PNBCX | |
Class P: ALCPX | |
Institutional Class: ANVIX | |
Administrative Class: ALNFX |
NFJ Investment Group, LLC
■ | The Fund is diversified and has an investment objective of seeking long-term growth of capital and income. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 36.24%, Class C shares at NAV returned 35.24%, Class P shares at NAV returned 36.60%, Institutional Class shares at NAV returned 36.66%, and Administrative Class shares at NAV returned 36.33%. For the same period, the Russell 1000® Value Index, the Fund’s style-specific benchmark appropriate for comparison, returned 43.68%. |
Financials | 21% |
Industrials | 19 |
Information Technology | 14 |
Health Care | 12 |
Consumer Discretionary | 8 |
Materials | 5 |
Communication Services | 5 |
Other (includes short-term investment) | 16 |
Total | 100% |
1 Year | 5 Years | 10 Years | ||||||
Class A shares at NAV2 | 36.24 % | 12.28% | 10.56% | |||||
Class A shares at POP3,4 | 28.75 | 11.02 | 9.93 | |||||
Class C shares at NAV2 and with CDSC4 | 35.24 | 11.45 | 9.73 | |||||
Class P shares at NAV2 | 36.60 | 12.58 | 10.83 | |||||
Institutional Class shares at NAV2 | 36.66 | 12.68 | 10.94 | |||||
Administrative Class shares at NAV2 | 36.33 | 12.39 | 10.66 | |||||
Russell 1000® Value Index | 43.68 | 11.87 | 11.61 | |||||
Fund Expense Ratios5: Class A shares: 0.99%; Class C shares: 1.72%; Class P shares: 0.76%; Institutional Class shares: 0.74%; Administrative Class shares: 0.99%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : PQNAX | |
Class C: PQNCX | |
Class P: ANRPX | |
Institutional Class: PRNIX | |
Class R6: ANPRX | |
Administrative Class: PRAAX |
NFJ Investment Group, LLC
■ | The Fund is diversified and has an investment objective of seeking long-term growth of capital and income. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 39.60%, Class C shares at NAV returned 38.53%, Class P shares at NAV returned 39.93%, Institutional Class shares at NAV returned 40.11%, Class R6 shares at NAV returned 40.17%, and Administrative Class shares at NAV returned 39.73%. For the same period, the Russell Midcap® Value Index, the Fund’s style-specific benchmark appropriate for comparison, returned 53.06%. |
Financials | 19% |
Industrials | 16 |
Information Technology | 11 |
Utilities | 10 |
Consumer Discretionary | 9 |
Health Care | 9 |
Real Estate | 8 |
Other (includes short-term investment) | 18 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 39.60 % | 12.48 % | 10.55 % | — % | — | |||||||
Class A shares at POP3,4 | 31.93 | 11.22 | 9.93 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 38.53 | 11.63 | 9.72 | — | — | |||||||
Class P shares at NAV2 | 39.93 | 12.76 | 10.84 | — | — | |||||||
Institutional Class shares at NAV2 | 40.11 | 12.87 | 10.94 | — | — | |||||||
Class R6 shares at NAV2 | 40.17 | — | — | 7.11 | 12/18/17 | |||||||
Administrative Class shares at NAV2 | 39.73 | 12.60 | 10.66 | — | — | |||||||
Russell Midcap® Value Index | 53.06 | 11.79 | 11.75 | 9.97 5 | — | |||||||
Fund Expense Ratios6: Class A shares: Gross 1.05%, Net 1.00%; Class C shares: Gross 1.78%, Net 1.75%; Class P shares: Gross 0.82%, Net 0.75%; Institutional Class shares: Gross 0.80%, Net 0.65%; Class R6 shares: Gross 0.74%, Net 0.60%; Administrative Class shares: Gross 1.07%, Net 0.90%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index return is from the inception date of Class R6 shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
Ticker Symbols: | |
Class A : PCVAX | |
Class C: PCVCX | |
Class P: ASVPX | |
Institutional Class: PSVIX | |
Class R6: ANFVX | |
Administrative Class: PVADX |
NFJ Investment Group, LLC
■ | The Fund is diversified and has an investment objective of seeking long-term growth of capital and income. There is no guarantee that the Fund will meet its objective. |
■ | For the fiscal year ended June 30, 2021, the Fund’s Class A shares at NAV returned 44.57%, Class C shares at NAV returned 43.52%, Class P shares at NAV returned 44.88%, Institutional Class shares at NAV returned 45.07%, Class R6 shares at NAV returned 45.09%, and Administration Class shares at NAV returned 44.81%. For the same period, the Russell 2000® Value Index, the Fund’s style-specific benchmark appropriate for comparison, returned 73.28%. |
Financials | 32% |
Industrials | 17 |
Consumer Discretionary | 9 |
Information Technology | 9 |
Utilities | 8 |
Real Estate | 7 |
Materials | 6 |
Other (includes short-term investment) | 12 |
Total | 100% |
1 Year | 5 Years | 10 Years | Since inception | Inception date | ||||||||
Class A shares at NAV2 | 44.57 % | 7.65 % | 6.80 % | — % | — | |||||||
Class A shares at POP3,4 | 36.62 | 6.43 | 6.20 | — | — | |||||||
Class C shares at NAV2 and with CDSC4 | 43.52 | 6.85 | 6.01 | — | — | |||||||
Class P shares at NAV2 | 44.88 | 7.90 | 7.06 | — | — | |||||||
Institutional Class shares at NAV2 | 45.07 | 8.02 | 7.20 | — | — | |||||||
Class R6 shares at NAV2 | 45.09 | 8.07 | — | 5.39 | 12/19/13 | |||||||
Administrative Class shares at NAV2 | 44.81 | 7.75 | 6.94 | — | ||||||||
Russell 2000® Value Index | 73.28 | 13.62 | 10.85 | 9.62 5 | — | |||||||
Fund Expense Ratios6: Class A shares: Gross 1.19%, Net 1.18%; Class C shares: Gross 1.86%, Net 1.86%; Class P shares: Gross 0.92%, Net 0.92%; Institutional Class shares: Gross 0.88%, Net 0.83%; Class R6 shares: Gross 0.83%, Net 0.78%; Administrative Class shares: Gross 1.16%, Net 1.08%. |
All returns represent past performance which is no guarantee of future results. Current performance may be higher or lower than the performance shown. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. The above table and graph below do not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of shares. Please visit Virtus.com for performance data current to the most recent month-end. |
1 | Total returns are historical and include changes in share price and the reinvestment of both dividends and capital gain distributions. |
2 | “NAV” (Net Asset Value) total returns do not include the effect of any sales charge. |
3 | “POP” (Public Offering Price) total returns include the effect of the maximum front-end 5.50% sales charge. |
4 | “CDSC” (contingent deferred sales charge) is applied to redemptions of certain classes of shares that do not have a sales charge applied at the time of purchase. CDSC for certain redemptions of Class A shares made within 18 months of a finder’s fee being paid and all Class C shares are 1% within the first year and 0% thereafter. |
5 | The since inception index return is from the inception date of Class R6 shares. |
6 | The expense ratios of the Fund are set forth according to the prospectus for the Fund effective February 1, 2021, as supplemented and revised, and may differ from the expense ratios disclosed in the Financial Highlights tables in this report. See the Financial Highlights for more current expense ratios. Net Expense: Expenses reduced by a contractual expense limitation in effect through February 1, 2023. Gross Expense: Does not reflect the effect of the expense limitation. Expense ratios include fees and expenses associated with any underlying funds. |
June 30, 2021
Shares | Value | ||
Preferred Stock—0.8% | |||
Brazil—0.8% | |||
Banco Bradesco SA | 432,900 | $ 2,240 | |
Total Preferred Stock (Identified Cost $1,844) | 2,240 | ||
Common Stocks—97.1% | |||
Brazil—3.0% | |||
Hypera SA | 154,800 | 1,069 | |
Vale SA | 321,900 | 7,316 | |
8,385 | |||
China—30.3% | |||
Alibaba Group Holding Ltd.(1) | 302,400 | 8,568 | |
Baoshan Iron & Steel Co., Ltd. Class A | 2,140,600 | 2,531 | |
China Merchants Bank Co., Ltd. Class H | 1,140,000 | 9,727 | |
China Petroleum & Chemical Corp. Class H | 2,916,000 | 1,476 | |
COSCO SHIPPING Holdings Co., Ltd. Class H(1) | 413,500 | 1,042 | |
ENN Energy Holdings Ltd. | 227,300 | 4,327 | |
Industrial & Commercial Bank of China Ltd. Class H | 2,518,000 | 1,479 | |
Industrial Bank Co., Ltd. Class A | 862,800 | 2,744 | |
Lenovo Group Ltd. | 4,460,000 | 5,130 | |
Li Ning Co., Ltd. | 211,500 | 2,582 | |
Meituan Class B(1) | 67,500 | 2,785 | |
NIO, Inc. ADR(1) | 21,500 | 1,144 | |
PetroChina Co., Ltd. Class H | 9,200,000 | 4,479 | |
Ping An Insurance Group Co. of China Ltd. Class H | 67,000 | 656 | |
RiseSun Real Estate Development Co., Ltd. Class A | 830,652 | 725 | |
Shanghai Bairun Investment Holding Group Co., Ltd. Class A | 104,580 | 1,534 | |
Shanxi Xinghuacun Fen Wine Factory Co., Ltd. Class A | 34,566 | 2,397 | |
Sinopharm Group Co., Ltd. Class H | 444,400 | 1,322 | |
Tencent Holdings Ltd. | 198,700 | 14,945 | |
Weichai Power Co., Ltd. Class H | 945,000 | 2,101 | |
Weifu High-Technology Group Co., Ltd. Class A | 779,076 | 2,512 |
Shares | Value | ||
China—continued | |||
Wuliangye Yibin Co., Ltd. Class A | 46,679 | $ 2,152 | |
Wuxi Biologics Cayman, Inc.(1) | 246,000 | 4,509 | |
Zhejiang Weixing New Building Materials Co., Ltd. Class A | 452,000 | 1,446 | |
Zoomlion Heavy Industry Science and Technology Co., Ltd. Class H | 2,563,200 | 2,684 | |
84,997 | |||
Cyprus—0.5% | |||
TCS Group Holding plc GDR | 15,546 | 1,360 | |
Hong Kong—2.6% | |||
CITIC Ltd. | 1,908,000 | 2,057 | |
Xinyi Glass Holdings Ltd. | 1,260,000 | 5,136 | |
7,193 | |||
India—13.0% | |||
Ambuja Cements Ltd. | 429,669 | 1,969 | |
Bajaj Auto Ltd.(1) | 28,634 | 1,593 | |
Divi’s Laboratories Ltd.(1) | 101,936 | 6,046 | |
Eicher Motors Ltd.(1) | 41,174 | 1,480 | |
HCL Technologies Ltd. | 109,518 | 1,449 | |
HDFC Bank Ltd. ADR(1) | 96,555 | 7,060 | |
Infosys Ltd. | 177,625 | 3,778 | |
Marico Ltd. | 183,587 | 1,311 | |
Reliance Industries Ltd. | 41,845 | 1,188 | |
State Bank of India | 216,937 | 1,223 | |
Tata Consultancy Services Ltd. | 58,772 | 2,645 | |
Tata Steel Ltd. | 339,684 | 5,331 | |
UPL Ltd. | 127,789 | 1,363 | |
36,436 | |||
Indonesia—0.2% | |||
Bank Central Asia Tbk PT | 325,300 | 676 | |
Russia—8.1% | |||
Gazprom PJSC | 1,735,548 | 6,677 | |
LUKOIL PJSC Sponsored ADR | 74,032 | 6,857 | |
MMC Norilsk Nickel PJSC ADR | 117,580 | 4,006 | |
Sberbank of Russia PJSC Sponsored ADR | 163,372 | 2,713 | |
Severstal PAO GDR | 50,300 | 1,081 | |
VTB Bank PJSC GDR | 1,083,220 | 1,441 | |
22,775 | |||
South Africa—1.8% | |||
Absa Group Ltd.(1) | 324,028 | 3,080 | |
Gold Fields Ltd. Sponsored ADR | 98,020 | 872 |
Shares | Value | ||
South Africa—continued | |||
Impala Platinum Holdings Ltd. | 70,573 | $ 1,164 | |
5,116 | |||
South Korea—17.2% | |||
CJ CheilJedang Corp. | 14,613 | 5,982 | |
Hana Financial Group, Inc. | 245,917 | 10,056 | |
Kakao Corp. | 10,073 | 1,458 | |
Kia Corp. | 79,489 | 6,324 | |
LG Electronics, Inc. | 19,670 | 2,856 | |
POSCO | 13,908 | 4,298 | |
Samsung Electronics Co., Ltd. | 184,015 | 13,186 | |
SK Hynix, Inc. | 35,798 | 4,053 | |
48,213 | |||
Taiwan—17.4% | |||
ASE Technology Holding Co., Ltd. | 771,000 | 3,099 | |
Asustek Computer, Inc. | 104,000 | 1,387 | |
Cathay Financial Holding Co., Ltd. | 1,513,000 | 2,927 | |
CTBC Financial Holding Co., Ltd. | 3,407,000 | 2,776 | |
Fubon Financial Holding Co., Ltd. | 3,032,000 | 8,042 | |
Hon Hai Precision Industry Co., Ltd. | 821,000 | 3,300 | |
Innolux Corp. | 4,075,000 | 3,035 | |
Radiant Opto-Electronics Corp. | 677,000 | 2,952 | |
Taiwan Semiconductor Manufacturing Co., Ltd. | 818,000 | 17,468 | |
United Microelectronics Corp. | 2,027,000 | 3,863 | |
48,849 | |||
Turkey—1.0% | |||
Arcelik AS | 300,903 | 1,030 | |
Vestel Elektronik Sanayi ve Ticaret AS(1) | 486,246 | 1,692 | |
2,722 | |||
United States—2.0% | |||
Axalta Coating Systems Ltd. (1) | 42,100 | 1,284 | |
Mosaic Co. (The) | 46,200 | 1,474 |
Shares | Value | ||
United States—continued | |||
Southern Copper Corp. | 46,535 | $ 2,993 | |
5,751 | |||
Total Common Stocks (Identified Cost $192,846) | 272,473 | ||
Total Long-Term Investments—97.9% (Identified Cost $194,690) | 274,713 | ||
Shares | Value | ||
Short-Term Investment—1.8% | |||
Money Market Mutual Fund—1.8% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 4,943,630 | $ 4,944 | |
Total Short-Term Investment (Identified Cost $4,944) | 4,944 | ||
TOTAL INVESTMENTS—99.7% (Identified Cost $199,634) | $279,657 | ||
Other assets and liabilities, net—0.3% | 846 | ||
NET ASSETS—100.0% | $280,503 |
Abbreviations: | |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
PJSC | Public Joint Stock Company |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
China | 30% |
Taiwan | 17 |
South Korea | 17 |
India | 13 |
Russia | 8 |
United States | 4 |
Brazil | 4 |
Other | 7 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $272,473 | $272,473 | |
Preferred Stock | 2,240 | 2,240 | |
Money Market Mutual Fund | 4,944 | 4,944 | |
Total Investments | $279,657 | $279,657 |
Total | Common Stock | ||
Investments in Securities | |||
Balance as of June 30, 2020: | $ 7,605 | $ 7,605 | |
Realized gain (loss) | 102 | 102 | |
Change in unrealized appreciation (depreciation)(a) | (865) | (865) | |
Purchases | 194 | 194 | |
Sales | (7,036) | (7,036) | |
Balance as of June 30, 2021 | $ — | $ — |
June 30, 2021
Shares | Value | ||
Common Stocks—100.0% | |||
Air Freight & Logistics—2.1% | |||
XPO Logistics, Inc.(1) | 215,720 | $ 30,177 | |
Airlines—1.7% | |||
Southwest Airlines Co.(1) | 465,485 | 24,713 | |
Automobiles—3.6% | |||
Tesla, Inc.(1) | 75,520 | 51,331 | |
Biotechnology—3.3% | |||
Horizon Therapeutics plc(1) | 300,340 | 28,124 | |
Moderna, Inc.(1) | 81,120 | 19,061 | |
47,185 | |||
Capital Markets—3.0% | |||
Morgan Stanley | 467,900 | 42,902 | |
Electrical Equipment—0.7% | |||
Plug Power, Inc.(1) | 292,835 | 10,012 | |
Entertainment—1.6% | |||
Walt Disney Co. (The)(1) | 128,450 | 22,578 | |
Healthcare Equipment & Supplies—4.9% | |||
Align Technology, Inc.(1) | 51,200 | 31,283 | |
Cooper Cos., Inc. (The) | 48,965 | 19,404 | |
Insulet Corp.(1) | 71,240 | 19,556 | |
70,243 | |||
Healthcare Providers & Services—1.2% | |||
Anthem, Inc. | 45,775 | 17,477 | |
Hotels, Restaurants & Leisure—2.5% | |||
Caesars Entertainment, Inc.(1) | 212,285 | 22,025 | |
Chipotle Mexican Grill, Inc. Class A(1) | 8,950 | 13,875 | |
35,900 | |||
Interactive Media & Services—11.1% | |||
Alphabet, Inc. Class A(1) | 27,380 | 66,856 | |
Facebook, Inc. Class A(1) | 211,635 | 73,587 | |
Pinterest, Inc. Class A(1) | 230,775 | 18,220 | |
158,663 | |||
Shares | Value | ||
Internet & Direct Marketing Retail—6.5% | |||
Amazon.com, Inc.(1) | 26,792 | $ 92,169 | |
IT Services—13.3% | |||
EPAM Systems, Inc.(1) | 59,285 | 30,292 | |
Mastercard, Inc. Class A | 195,045 | 71,209 | |
PayPal Holdings, Inc.(1) | 133,950 | 39,044 | |
Square, Inc. Class A(1) | 133,595 | 32,570 | |
Twilio, Inc. Class A(1) | 43,995 | 17,341 | |
190,456 | |||
Life Sciences Tools & Services—2.6% | |||
Avantor, Inc.(1) | 1,031,765 | 36,638 | |
Machinery—1.6% | |||
Deere & Co. | 63,250 | 22,309 | |
Multiline Retail—1.5% | |||
Dollar General Corp. | 95,775 | 20,725 | |
Oil, Gas & Consumable Fuels—0.9% | |||
Valero Energy Corp. | 162,825 | 12,713 | |
Personal Products—1.3% | |||
Estee Lauder Cos., Inc. (The) Class A | 58,235 | 18,523 | |
Pharmaceuticals—1.4% | |||
Zoetis, Inc. Class A | 110,765 | 20,642 | |
Road & Rail—2.0% | |||
Union Pacific Corp. | 130,955 | 28,801 | |
Semiconductors & Semiconductor Equipment—8.7% | |||
Lam Research Corp. | 57,425 | 37,367 | |
Microchip Technology, Inc. | 108,010 | 16,173 | |
NVIDIA Corp. | 63,705 | 50,970 | |
Skyworks Solutions, Inc. | 100,165 | 19,207 | |
123,717 | |||
Software—11.5% | |||
Crowdstrike Holdings, Inc. Class A(1) | 102,855 | 25,849 | |
Microsoft Corp. | 511,850 | 138,660 | |
164,509 | |||
Shares | Value | ||
Specialty Retail—2.5% | |||
Burlington Stores, Inc.(1) | 109,375 | $ 35,218 | |
Technology Hardware, Storage & Peripherals—8.8% | |||
Apple, Inc. | 919,995 | 126,002 | |
Textiles, Apparel & Luxury Goods—1.7% | |||
NIKE, Inc. Class B | 161,485 | 24,948 | |
Total Common Stocks (Identified Cost $706,314) | 1,428,551 | ||
Total Long-Term Investments—100.0% (Identified Cost $706,314) | 1,428,551 | ||
Short-Term Investment—0.0% | |||
Money Market Mutual Fund—0.0% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 380,265 | 380 | |
Total Short-Term Investment (Identified Cost $380) | 380 | ||
TOTAL INVESTMENTS—100.0% (Identified Cost $706,694) | $1,428,931 | ||
Other assets and liabilities, net—(0.0)% | (482) | ||
NET ASSETS—100.0% | $1,428,449 |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $1,428,551 | $1,428,551 | |
Money Market Mutual Fund | 380 | 380 | |
Total Investments | $1,428,931 | $1,428,931 |
June 30, 2021
Shares | Value | ||
Preferred Stock—0.5% | |||
Germany—0.5% | |||
Jungheinrich AG | 11,210 | $ 548 | |
Total Preferred Stock (Identified Cost $273) | 548 | ||
Common Stocks—97.6% | |||
Australia—2.2% | |||
ALS Ltd. | 50,923 | 498 | |
Ansell Ltd. | 3,917 | 128 | |
Bapcor Ltd. | 42,539 | 271 | |
Nick Scali Ltd. | 27,884 | 245 | |
Northern Star Resources Ltd. | 14,900 | 109 | |
Openpay Group Ltd.(1) | 40,250 | 43 | |
Paradigm Biopharmaceuticals Ltd.(1) | 90,571 | 143 | |
Pro Medicus Ltd. | 9,500 | 418 | |
Starpharma Holdings Ltd.(1) | 263,676 | 296 | |
2,151 | |||
Austria—0.7% | |||
Wienerberger AG | 17,097 | 659 | |
Canada—1.1% | |||
Masonite International Corp.(1) | 9,332 | 1,043 | |
Cayman Islands—0.9% | |||
Futu Holdings Ltd. ADR(1) | 1,700 | 304 | |
Ichor Holdings Ltd.(1) | 10,699 | 576 | |
880 | |||
Denmark—1.0% | |||
Ambu A/S Class B | 11,758 | 452 | |
SimCorp A/S | 3,970 | 498 | |
950 | |||
Finland—0.3% | |||
Huhtamaki Oyj | 7,170 | 340 | |
France—3.3% | |||
APERAM SA | 10,497 | 538 | |
Elis SA(1) | 34,051 | 641 | |
Nexity SA | 10,256 | 513 | |
SCOR SE(1) | 14,863 | 473 | |
SOITEC (1) | 2,785 | 614 | |
SPIE SA | 22,030 | 507 | |
3,286 | |||
Germany—3.5% | |||
Bechtle AG | 2,858 | 531 | |
CANCOM SE | 10,313 | 624 | |
Deutsche Pfandbriefbank AG | 10,347 | 102 | |
Evotec SE(1) | 15,817 | 717 | |
Hella GmbH & Co. KGaA(1) | 8,913 | 611 |
Shares | Value | ||
Germany—continued | |||
Jenoptik AG | 16,498 | $ 451 | |
Scout24 AG | 4,946 | 417 | |
3,453 | |||
Hong Kong—1.6% | |||
Hutchmed China Ltd. ADR(1) | 15,000 | 589 | |
Melco International Development Ltd.(1) | 141,000 | 259 | |
Techtronic Industries Co., Ltd. | 16,000 | 279 | |
VTech Holdings Ltd. | 41,600 | 438 | |
1,565 | |||
Ireland—0.6% | |||
Grafton Group plc | 38,898 | 617 | |
Italy—1.1% | |||
Buzzi Unicem SpA | 19,875 | 527 | |
ERG SpA | 18,483 | 548 | |
1,075 | |||
Japan—10.6% | |||
Asahi Intecc Co. Ltd. | 7,000 | 167 | |
COMSYS Holdings Corp. | 13,600 | 376 | |
Dai Nippon Printing Co. Ltd. | 15,900 | 336 | |
Ferrotec Holdings Corp. | 7,500 | 231 | |
Fuji Electric Co. Ltd. | 14,500 | 677 | |
Fuji Oil Holdings, Inc. | 12,800 | 305 | |
Heiwa Real Estate Co. Ltd. | 5,200 | 196 | |
Jeol Ltd. | 10,900 | 638 | |
Kuraray Co. Ltd. | 11,300 | 109 | |
Marui Group Co., Ltd. | 24,700 | 464 | |
Mitsubishi HC Capital, Inc. | 100,700 | 539 | |
Nifco, Inc. | 2,900 | 109 | |
Nikon Corp. | 31,100 | 332 | |
NSK Ltd. | 5,300 | 45 | |
Open House Co. Ltd. | 8,100 | 381 | |
PALTAC Corp. | 10,000 | 518 | |
Penta-Ocean Construction Co. Ltd. | 72,900 | 507 | |
Ryohin Keikaku Co., Ltd. | 16,200 | 340 | |
Showa Denko KK | 16,600 | 493 | |
T&D Holdings, Inc. | 32,300 | 418 | |
TechMatrix Corp. | 24,300 | 403 | |
Tokai Carbon Co. Ltd. | 34,700 | 479 | |
Tokyu Fudosan Holdings Corp. | 112,600 | 677 | |
ValueCommerce Co. Ltd. | 21,900 | 639 | |
Zenkoku Hosho Co. Ltd. | 12,100 | 520 | |
Zeon Corp. | 39,500 | 546 | |
10,445 | |||
Netherlands—1.1% | |||
ASM International NV | 1,789 | 588 | |
ASR Nederland NV | 12,683 | 490 | |
1,078 | |||
Shares | Value | ||
New Zealand—0.1% | |||
Eroad Ltd.(1) | 34,772 | $ 152 | |
Norway—1.3% | |||
Elkem ASA(1) | 172,099 | 626 | |
Storebrand ASA | 70,696 | 641 | |
1,267 | |||
South Korea—0.4% | |||
Koh Young Technology, Inc. | 19,110 | 404 | |
Sweden—1.1% | |||
AAK AB | 24,040 | 539 | |
Elekta AB Class B | 40,330 | 584 | |
1,123 | |||
Switzerland—2.0% | |||
Georg Fischer AG | 495 | 734 | |
Interroll Holding AG | 191 | 758 | |
OC Oerlikon Corp. AG | 39,333 | 436 | |
1,928 | |||
Taiwan—1.2% | |||
ASMedia Technology, Inc. | 11,000 | 531 | |
Unimicron Technology Corp. | 145,000 | 671 | |
1,202 | |||
United Kingdom—6.1% | |||
ASOS plc(1) | 8,475 | 581 | |
Auto Trader Group plc(1) | 66,094 | 579 | |
Crest Nicholson Holdings plc(1) | 99,854 | 579 | |
Genus plc | 9,234 | 634 | |
HomeServe plc | 28,959 | 383 | |
Howden Joinery Group plc | 55,880 | 631 | |
Intermediate Capital Group plc | 24,471 | 719 | |
Moneysupermarket.com Group plc | 133,100 | 472 | |
Rotork plc | 74,122 | 349 | |
Spectris plc | 12,381 | 555 | |
Wizz Air Holdings plc(1) | 7,800 | 504 | |
5,986 | |||
United States—55.5% | |||
AGCO Corp. | 5,992 | 781 | |
API Group Corp.(1) | 60,884 | 1,272 | |
Arcosa, Inc. | 16,709 | 981 | |
Arena Pharmaceuticals, Inc.(1) | 444 | 30 | |
Aspen Technology, Inc.(1) | 4,123 | 567 | |
Avista Corp. | 13,683 | 584 | |
Axon Enterprise, Inc.(1) | 4,257 | 753 | |
Bank of Hawaii Corp. | 11,826 | 996 | |
BellRing Brands, Inc. Class A(1) | 37,429 | 1,173 | |
Big Lots, Inc. | 13,883 | 916 |
Shares | Value | ||
United States—continued | |||
Camping World Holdings, Inc. Class A | 32,132 | $ 1,317 | |
ChampionX Corp.(1) | 37,604 | 965 | |
Chart Industries, Inc.(1) | 4,673 | 684 | |
Chemours Co. (The) | 35,510 | 1,236 | |
Cinemark Holdings, Inc.(1) | 35,070 | 770 | |
Clean Energy Fuels Corp.(1) | 57,272 | 581 | |
Clean Harbors, Inc.(1) | 8,874 | 826 | |
CONMED Corp. | 8,951 | 1,230 | |
Diamondback Energy, Inc. | 9,786 | 919 | |
Dolby Laboratories, Inc. Class A | 3,134 | 308 | |
Freshpet, Inc.(1) | 4,107 | 669 | |
Graphic Packaging Holding Co. | 65,253 | 1,184 | |
GrowGeneration Corp.(1) | 12,485 | 600 | |
Hawaiian Electric Industries, Inc. | 20,274 | 857 | |
Health Catalyst, Inc.(1) | 18,083 | 1,004 | |
Hecla Mining Co. | 108,145 | 805 | |
Huntsman Corp. | 29,928 | 794 | |
Huron Consulting Group, Inc.(1) | 12,305 | 605 | |
ICF International, Inc. | 14,144 | 1,243 | |
II-VI, Inc.(1) | 12,379 | 899 | |
Intellia Therapeutics, Inc.(1) | 191 | 31 | |
ITT, Inc. | 9,631 | 882 | |
Kilroy Realty Corp. | 17,458 | 1,216 | |
LHC Group, Inc.(1) | 3,720 | 745 | |
Lindblad Expeditions Holdings, Inc.(1) | 49,231 | 788 | |
LivePerson, Inc.(1) | 10,698 | 677 | |
LPL Financial Holdings, Inc. | 7,171 | 968 | |
Materion Corp. | 15,913 | 1,199 | |
Matson, Inc. | 11,736 | 751 | |
MaxLinear, Inc.(1) | 15,876 | 675 | |
Monro, Inc. | 12,225 | 776 | |
MSC Industrial Direct Co., Inc. Class A | 13,889 | 1,246 | |
NanoString Technologies, Inc.(1) | 8,345 | 541 | |
Natera, Inc.(1) | 7,618 | 865 | |
nLIGHT, Inc.(1) | 19,701 | 715 | |
Paylocity Holding Corp.(1) | 3,106 | 593 | |
Pebblebrook Hotel Trust | 22,907 | 539 |
Shares | Value | ||
United States—continued | |||
Perficient, Inc.(1) | 14,380 | $ 1,156 | |
Pinnacle Financial Partners, Inc. | 11,716 | 1,034 | |
Planet Fitness, Inc. Class A(1) | 13,635 | 1,026 | |
PLBY Group, Inc.(1) | 11,291 | 439 | |
Popular, Inc. | 14,479 | 1,087 | |
Ranpak Holdings Corp.(1) | 19,101 | 478 | |
Shift4 Payments, Inc. Class A (1) | 6,268 | 587 | |
Smartsheet, Inc. Class A(1) | 1,924 | 139 | |
Summit Materials, Inc. Class A(1) | 38,883 | 1,355 | |
Switch, Inc. Class A | 28,087 | 593 | |
Syneos Health, Inc. Class A(1) | 6,613 | 592 | |
Tenet Healthcare Corp.(1) | 25,099 | 1,681 | |
Terreno Realty Corp. | 20,593 | 1,329 | |
TG Therapeutics, Inc.(1) | 525 | 20 | |
Turning Point Therapeutics, Inc.(1) | 563 | 44 | |
Varonis Systems, Inc.(1) | 2,879 | 166 | |
Visteon Corp.(1) | 7,075 | 856 | |
Webster Financial Corp. | 17,606 | 939 | |
Western Alliance Bancorp | 11,634 | 1,080 | |
YETI Holdings, Inc.(1) | 6,742 | 619 | |
Zynga, Inc. Class A(1) | 72,542 | 771 | |
54,747 | |||
Virgin Islands (British)—1.9% | |||
Biohaven Pharmaceutical Holding Co. Ltd.(1) | 496 | 48 | |
Capri Holdings Ltd.(1) | 21,050 | 1,204 | |
Establishment Labs Holdings, Inc.(1) | 7,446 | 650 | |
1,902 | |||
Total Common Stocks (Identified Cost $74,099) | 96,253 | ||
Total Long-Term Investments—98.1% (Identified Cost $74,372) | 96,801 | ||
Shares | Value | ||
Short-Term Investment—2.1% | |||
Money Market Mutual Fund—2.1% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 2,014,966 | $ 2,015 | |
Total Short-Term Investment (Identified Cost $2,015) | 2,015 | ||
TOTAL INVESTMENTS—100.2% (Identified Cost $76,387) | $98,816 | ||
Other assets and liabilities, net—(0.2)% | (178) | ||
NET ASSETS—100.0% | $98,638 |
Abbreviation: | |
ADR | American Depositary Receipt |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 58% |
Japan | 11 |
United Kingdom | 6 |
Germany | 4 |
France | 3 |
Australia | 2 |
Switzerland | 2 |
Other | 14 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $96,253 | $96,253 | |
Preferred Stock | 548 | 548 | |
Money Market Mutual Fund | 2,015 | 2,015 | |
Total Investments | $98,816 | $98,816 |
June 30, 2021
Shares | Value | ||
Common Stocks—97.9% | |||
Biotechnology—13.9% | |||
AbbVie, Inc. | 37,920 | $ 4,271 | |
Arena Pharmaceuticals, Inc.(1) | 5,895 | 402 | |
Avita Medical, Inc.(1) | 46,575 | 956 | |
Biogen, Inc.(1) | 4,235 | 1,466 | |
Biohaven Pharmaceutical Holding Co. Ltd.(1) | 6,465 | 628 | |
BioNTech SE ADR(1) | 3,565 | 798 | |
Deciphera Pharmaceuticals, Inc.(1) | 13,515 | 495 | |
Gilead Sciences, Inc. | 47,855 | 3,295 | |
Horizon Therapeutics plc(1) | 64,765 | 6,065 | |
Mersana Therapeutics, Inc.(1) | 33,665 | 457 | |
Moderna, Inc.(1) | 13,370 | 3,142 | |
Neurocrine Biosciences, Inc.(1) | 7,395 | 720 | |
Novavax, Inc.(1) | 3,995 | 848 | |
Regeneron Pharmaceuticals, Inc.(1) | 1,820 | 1,017 | |
SpringWorks Therapeutics, Inc.(1) | 4,855 | 400 | |
TG Therapeutics, Inc.(1) | 18,685 | 725 | |
Turning Point Therapeutics, Inc.(1) | 8,335 | 650 | |
Vertex Pharmaceuticals, Inc.(1) | 3,940 | 794 | |
27,129 | |||
Healthcare Equipment & Supplies—23.3% | |||
Alcon, Inc. | 42,365 | 2,977 | |
Align Technology, Inc.(1) | 8,450 | 5,163 | |
CONMED Corp. | 20,950 | 2,879 | |
Cooper Cos., Inc. (The) | 10,475 | 4,151 | |
Dexcom, Inc.(1) | 10,460 | 4,466 | |
Envista Holdings Corp.(1) | 43,035 | 1,860 | |
Establishment Labs Holdings, Inc.(1) | 11,640 | 1,017 | |
Hill-Rom Holdings, Inc. | 20,760 | 2,358 | |
Hologic, Inc.(1) | 21,785 | 1,453 | |
IDEXX Laboratories, Inc.(1) | 4,385 | 2,769 | |
Insulet Corp.(1) | 1,630 | 447 | |
Itamar Medical Ltd. ADR Sponsored ADR(1) | 56,050 | 1,320 | |
Medtronic plc | 70,500 | 8,751 | |
Novocure Ltd.(1) | 4,290 | 952 | |
Quotient Ltd.(1) | 264,824 | 964 | |
Teleflex, Inc. | 9,845 | 3,956 | |
45,483 | |||
Healthcare Providers & Services—14.8% | |||
Anthem, Inc. | 11,690 | 4,463 | |
Centene Corp.(1) | 42,025 | 3,065 |
Shares | Value | ||
Healthcare Providers & Services—continued | |||
CVS Health Corp. | 33,595 | $ 2,803 | |
Humana, Inc. | 16,555 | 7,329 | |
LHC Group, Inc.(1) | 6,560 | 1,314 | |
Oak Street Health, Inc.(1) | 23,660 | 1,386 | |
Tenet Healthcare Corp.(1) | 63,610 | 4,261 | |
UnitedHealth Group, Inc. | 10,896 | 4,363 | |
28,984 | |||
Internet & Direct Marketing Retail—0.4% | |||
Chewy, Inc. Class A(1) | 8,380 | 668 | |
Life Sciences Tools & Services—10.9% | |||
Avantor, Inc.(1) | 209,065 | 7,424 | |
ICON plc(1) | 4,705 | 972 | |
PerkinElmer, Inc. | 16,430 | 2,537 | |
Syneos Health, Inc. Class A(1) | 34,000 | 3,043 | |
Thermo Fisher Scientific, Inc. | 14,655 | 7,393 | |
21,369 | |||
Pharmaceuticals—34.6% | |||
Alpha Teknova, Inc.(1) | 57,497 | 1,364 | |
AstraZeneca plc Sponsored ADR | 187,515 | 11,232 | |
Bristol-Myers Squibb Co. | 153,045 | 10,226 | |
Catalent, Inc.(1) | 31,905 | 3,450 | |
Daiichi Sankyo Co. Ltd. | 85,800 | 1,849 | |
Eisai Co. Ltd. | 7,300 | 718 | |
Eli Lilly & Co. | 41,350 | 9,491 | |
Merck & Co., Inc. | 37,297 | 2,901 | |
Novartis AG Sponsored ADR | 72,713 | 6,634 | |
Pfizer, Inc. | 254,229 | 9,956 | |
Roche Holding AG Sponsored ADR | 24,425 | 1,148 | |
Sanofi ADR | 75,315 | 3,966 | |
Zoetis, Inc. Class A | 24,615 | 4,587 | |
67,522 | |||
Total Common Stocks (Identified Cost $158,496) | 191,155 | ||
Rights—0.0% | |||
Pharmaceuticals—0.0% | |||
Elanco Animal Health, Inc.(1)(2) | 38,000 | 1 | |
Total Rights (Identified Cost $1) | 1 | ||
Total Long-Term Investments—97.9% (Identified Cost $158,497) | 191,156 | ||
Shares | Value | ||
Short-Term Investment—2.0% | |||
Money Market Mutual Fund—2.0% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(3) | 3,981,969 | $ 3,982 | |
Total Short-Term Investment (Identified Cost $3,982) | 3,982 | ||
TOTAL INVESTMENTS—99.9% (Identified Cost $162,479) | $195,138 | ||
Other assets and liabilities, net—0.1% | 199 | ||
NET ASSETS—100.0% | $195,337 |
Abbreviation: | |
ADR | American Depositary Receipt |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. |
(3) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 79% |
United Kingdom | 6 |
Switzerland | 5 |
Ireland | 4 |
France | 2 |
Japan | 1 |
Jersey | 1 |
Other | 2 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | Level 3 Significant Unobservable Inputs | |||
Assets: | |||||
Equity Securities: | |||||
Common Stocks | $191,155 | $191,155 | $— | ||
Rights | 1 | — | 1 | ||
Money Market Mutual Fund | 3,982 | 3,982 | — | ||
Total Investments | $195,138 | $195,137 | $ 1 |
June 30, 2021
Par Value | Value | ||
Corporate Bonds and Notes—30.7% | |||
Advertising—0.3% | |||
Clear Channel Outdoor Holdings, Inc. | |||
144A 7.750%, 4/15/28(1) | $ 5,410 | $ 5,667 | |
144A 7.500%, 6/1/29(1) | 5,825 | 6,031 | |
National CineMedia LLC 144A 5.875%, 4/15/28(1) | 8,220 | 8,076 | |
19,774 | |||
Aerospace & Defense—0.7% | |||
Kratos Defense & Security Solutions, Inc. 144A 6.500%, 11/30/25(1) | 5,910 | 6,183 | |
TransDigm, Inc. | |||
6.375%, 6/15/26 | 9,675 | 10,023 | |
5.500%, 11/15/27 | 15,130 | 15,773 | |
Triumph Group, Inc. | |||
144A 8.875%, 6/1/24(1) | 7,298 | 8,119 | |
144A 6.250%, 9/15/24(1) | 7,135 | 7,242 | |
47,340 | |||
Airlines—0.6% | |||
American Airlines, Inc. 144A 5.750%, 4/20/29(1) | 16,270 | 17,592 | |
Delta Air Lines, Inc. 7.375%, 1/15/26 | 12,455 | 14,614 | |
Hawaiian Brand Intellectual Property Ltd. 144A 5.750%, 1/20/26(1) | 10,395 | 11,160 | |
43,366 | |||
Auto Components—0.8% | |||
American Axle & Manufacturing, Inc. 6.500%, 4/1/27 | 12,070 | 12,795 | |
Clarios Global LP 144A 8.500%, 5/15/27(1) | 12,895 | 14,058 | |
Goodyear Tire & Rubber Co. (The) | |||
5.250%, 4/30/31 | 10,290 | 10,740 | |
144A 5.250%, 7/15/31(1) | 11,515 | 12,033 | |
Tenneco, Inc. 144A 7.875%, 1/15/29(1) | 7,660 | 8,651 | |
58,277 | |||
Auto Manufacturers—0.9% | |||
Allison Transmission, Inc. 144A 3.750%, 1/30/31(1) | 4,050 | 3,981 |
Par Value | Value | ||
Auto Manufacturers—continued | |||
Ford Motor Co. | |||
9.000%, 4/22/25 | $12,345 | $ 15,220 | |
9.625%, 4/22/30 | 3,410 | 4,893 | |
7.450%, 7/16/31 | 9,690 | 12,742 | |
Ford Motor Credit Co. LLC | |||
5.125%, 6/16/25 | 4,465 | 4,917 | |
5.113%, 5/3/29 | 5,840 | 6,538 | |
4.000%, 11/13/30 | 11,555 | 12,104 | |
60,395 | |||
Building Materials—0.7% | |||
APi Group DE, Inc. 144A 4.125%, 7/15/29(1) | 4,925 | 4,897 | |
Builders FirstSource, Inc. 144A 5.000%, 3/1/30(1) | 10,190 | 10,714 | |
Griffon Corp. 5.750%, 3/1/28 | 10,605 | 11,268 | |
Koppers, Inc. 144A 6.000%, 2/15/25(1) | 10,200 | 10,526 | |
Summit Materials LLC 144A 5.250%, 1/15/29(1) | 12,470 | 13,249 | |
50,654 | |||
Chemicals—0.2% | |||
Trinseo Materials Operating SCA 144A 5.375%, 9/1/25(1) | 4,535 | 4,642 | |
Tronox, Inc. 144A 4.625%, 3/15/29(1) | 10,895 | 11,004 | |
15,646 | |||
Commercial Services—1.1% | |||
Avis Budget Car Rental LLC | |||
144A 5.750%, 7/15/27(1) | 12,420 | 13,022 | |
144A 5.375%, 3/1/29(1) | 2,575 | 2,681 | |
Deluxe Corp. 144A 8.000%, 6/1/29(1) | 4,045 | 4,389 | |
Herc Holdings, Inc. 144A 5.500%, 7/15/27(1) | 11,020 | 11,617 | |
LiveStyle, Inc. 144A 9.625%, 2/1/19(1)(2)(3)(4) | 7,628 | — | |
Monitronics International 9.125%, 4/1/49(2) | 6,450 | — | |
NESCO Holdings II, Inc. 144A 5.500%, 4/15/29(1) | 12,150 | 12,682 | |
RR Donnelley & Sons Co. | |||
7.000%, 2/15/22 | 3,965 | 4,084 | |
6.000%, 4/1/24 | 3,195 | 3,339 | |
Square, Inc. 144A 3.500%, 6/1/31(1) | 9,175 | 9,255 |
Par Value | Value | ||
Commercial Services—continued | |||
United Rentals North America, Inc. 5.250%, 1/15/30 | $13,445 | $ 14,727 | |
75,796 | |||
Computers—0.2% | |||
Booz Allen Hamilton, Inc. 144A 4.000%, 7/1/29(1) | 2,645 | 2,705 | |
Dell International LLC 144A 7.125%, 6/15/24(1) | 9,275 | 9,513 | |
NCR Corp. 144A 5.125%, 4/15/29(1) | 1,715 | 1,769 | |
Seagate HDD Cayman 4.875%, 6/1/27 | 765 | 843 | |
14,830 | |||
Containers & Packaging—0.6% | |||
Berry Global, Inc. 144A 5.625%, 7/15/27(1) | 13,090 | 13,844 | |
Owens-Brockway Glass Container, Inc. 144A 6.625%, 5/13/27(1) | 13,260 | 14,420 | |
Trivium Packaging Finance B.V. 144A 8.500%, 8/15/27(1) | 12,770 | 13,884 | |
42,148 | |||
Cosmetics & Personal Care—0.1% | |||
Edgewell Personal Care Co. 144A 5.500%, 6/1/28(1) | 6,105 | 6,471 | |
Distribution/Wholesale—0.2% | |||
Performance Food Group, Inc. 144A 5.500%, 10/15/27(1) | 11,570 | 12,159 | |
Diversified Financial Services—1.1% | |||
Nationstar Mortgage Holdings, Inc. 144A 5.500%, 8/15/28(1) | 13,230 | 13,338 | |
Navient Corp. | |||
6.750%, 6/15/26 | 14,905 | 16,638 | |
5.000%, 3/15/27 | 11,555 | 11,956 | |
OneMain Finance Corp. 5.375%, 11/15/29 | 1,505 | 1,637 | |
PennyMac Financial Services, Inc. 144A 4.250%, 2/15/29(1) | 11,630 | 11,204 | |
Springleaf Finance Corp. | |||
8.250%, 10/1/23 | 8,730 | 9,821 | |
6.625%, 1/15/28 | 12,965 | 14,863 | |
79,457 | |||
Par Value | Value | ||
Electronic Equipment, Instruments & Components—0.2% | |||
WESCO Distribution, Inc. 144A 7.250%, 6/15/28(1) | $11,985 | $ 13,349 | |
Engineering & Construction—0.1% | |||
AECOM 5.125%, 3/15/27 | 4,625 | 5,159 | |
Entertainment—1.6% | |||
AMC Entertainment Holdings, Inc. | |||
6.125%, 5/15/27 | 13,610 | 10,479 | |
144A 10.500%, 4/15/25(1) | 4,970 | 5,393 | |
Caesars Entertainment, Inc. | |||
144A 6.250%, 7/1/25(1) | 6,430 | 6,816 | |
144A 8.125%, 7/1/27(1) | 15,400 | 17,128 | |
Cedar Fair LP | |||
5.375%, 6/1/24 | 5,550 | 5,609 | |
5.375%, 4/15/27 | 11,680 | 12,030 | |
International Game Technology plc | |||
144A 4.125%, 4/15/26(1) | 4,495 | 4,680 | |
144A 6.250%, 1/15/27(1) | 9,850 | 11,229 | |
Lions Gate Capital Holdings LLC 144A 5.500%, 4/15/29(1) | 9,225 | 9,698 | |
Live Nation Entertainment, Inc. 144A 4.750%, 10/15/27(1) | 10,495 | 10,875 | |
Scientific Games International, Inc. 144A 8.250%, 3/15/26(1) | 14,025 | 15,042 | |
Stars Group Holdings B.V. 144A 7.000%, 7/15/26(1) | 4,005 | 4,145 | |
113,124 | |||
Environmental Services—0.1% | |||
GFL Environmental, Inc. 144A 4.750%, 6/15/29(1) | 9,365 | 9,724 | |
Equity Real Estate Investment Trusts (REITs)—0.7% | |||
Iron Mountain, Inc. 144A 5.250%, 7/15/30(1) | 9,450 | 10,004 | |
Park Intermediate Holdings LLC 144A 4.875%, 5/15/29(1) | 9,060 | 9,372 | |
SBA Communications Corp. 144A 3.125%, 2/1/29(1) | 11,135 | 10,735 |
Par Value | Value | ||
Equity Real Estate Investment Trusts (REITs)—continued | |||
Service Properties Trust | |||
4.350%, 10/1/24 | $ 6,700 | $ 6,747 | |
4.500%, 3/15/25 | 7,825 | 7,786 | |
Uniti Group LP 144A 7.125%, 12/15/24(1) | 2,500 | 2,584 | |
47,228 | |||
Food & Beverage—1.4% | |||
Albertsons Cos., Inc. 144A 4.875%, 2/15/30(1) | 10,135 | 10,809 | |
Kraft Heinz Foods Co. | |||
5.000%, 7/15/35 | 6,775 | 8,310 | |
6.500%, 2/9/40 | 16,850 | 23,401 | |
Post Holdings, Inc. | |||
144A 5.750%, 3/1/27(1) | 9,895 | 10,353 | |
144A 4.500%, 9/15/31(1) | 9,580 | 9,564 | |
Simmons Foods, Inc. 144A 4.625%, 3/1/29(1) | 10,435 | 10,526 | |
Triton Water Holdings, Inc. 144A 6.250%, 4/1/29(1) | 10,660 | 10,687 | |
US Foods, Inc. 144A 6.250%, 4/15/25(1) | 10,605 | 11,241 | |
94,891 | |||
Food Service—0.2% | |||
Aramark Services, Inc. 144A 5.000%, 2/1/28(1) | 13,590 | 14,231 | |
Healthcare-Services—1.1% | |||
Centene Corp. 4.625%, 12/15/29 | 1,135 | 1,248 | |
Charles River Laboratories International, Inc. 144A 4.000%, 3/15/31(1) | 4,045 | 4,208 | |
Encompass Health Corp. 4.750%, 2/1/30 | 5,895 | 6,263 | |
HCA, Inc. | |||
5.375%, 9/1/26 | 3,015 | 3,470 | |
5.625%, 9/1/28 | 10,100 | 11,969 | |
Select Medical Corp. 144A 6.250%, 8/15/26(1) | 12,600 | 13,419 | |
Tenet Healthcare Corp. | |||
144A 6.250%, 2/1/27(1) | 25,460 | 26,574 | |
144A 6.125%, 10/1/28(1) | 9,330 | 9,942 | |
77,093 | |||
Home Builders—0.3% | |||
Beazer Homes USA, Inc. 5.875%, 10/15/27 | 1,885 | 1,970 |
Par Value | Value | ||
Home Builders—continued | |||
Picasso Finance Sub, Inc. 144A 6.125%, 6/15/25(1) | $10,303 | $ 10,893 | |
Taylor Morrison Communities, Inc. 144A 5.750%, 1/15/28(1) | 7,925 | 8,947 | |
21,810 | |||
Home Furnishings—0.1% | |||
Tempur Sealy International, Inc. 144A 4.000%, 4/15/29(1) | 3,505 | 3,549 | |
Household Products/Wares—0.1% | |||
Spectrum Brands, Inc. 144A 3.875%, 3/15/31(1) | 8,430 | 8,284 | |
Internet—0.8% | |||
Endure Digital, Inc. 144A 6.000%, 2/15/29(1) | 9,110 | 9,019 | |
Go Daddy Operating Co., LLC 144A 5.250%, 12/1/27(1) | 8,700 | 9,135 | |
Match Group Holdings II LLC 144A 5.000%, 12/15/27(1) | 8,560 | 8,999 | |
Netflix, Inc. 144A 5.375%, 11/15/29(1) | 11,580 | 14,065 | |
Uber Technologies, Inc. | |||
144A 8.000%, 11/1/26(1) | 6,925 | 7,461 | |
144A 7.500%, 9/15/27(1) | 6,265 | 6,885 | |
55,564 | |||
Investment Companies—0.2% | |||
Compass Group Diversified Holdings LLC 144A 5.250%, 4/15/29(1) | 11,195 | 11,643 | |
Iron & Steel—0.4% | |||
Cleveland-Cliffs, Inc. | |||
5.875%, 6/1/27 | 12,200 | 12,825 | |
144A 9.875%, 10/17/25(1) | 3,480 | 4,079 | |
United States Steel Corp. | |||
6.875%, 8/15/25 | 8,595 | 8,794 | |
6.875%, 3/1/29 | 3,900 | 4,173 | |
29,871 | |||
Leisure Time—0.6% | |||
Carnival Corp. | |||
144A 10.500%, 2/1/26(1) | 8,835 | 10,286 | |
144A 5.750%, 3/1/27(1) | 7,670 | 8,034 |
Par Value | Value | ||
Leisure Time—continued | |||
NCL Corp., Ltd. 144A 5.875%, 3/15/26(1) | $12,725 | $ 13,330 | |
Royal Caribbean Cruises Ltd. | |||
144A 11.500%, 6/1/25(1) | 4,015 | 4,627 | |
144A 5.500%, 4/1/28(1) | 8,060 | 8,441 | |
44,718 | |||
Lodging—0.9% | |||
Boyd Gaming Corp. | |||
144A 8.625%, 6/1/25(1) | 9,995 | 11,018 | |
144A 4.750%, 6/15/31(1) | 6,000 | 6,225 | |
Hilton Domestic Operating Co., Inc. | |||
144A 4.000%, 5/1/31(1) | 7,890 | 7,960 | |
144A 3.625%, 2/15/32(1) | 10,825 | 10,690 | |
MGM Resorts International | |||
6.750%, 5/1/25 | 620 | 664 | |
4.750%, 10/15/28 | 13,640 | 14,492 | |
Wynn Las Vegas LLC 144A 5.500%, 3/1/25(1) | 11,340 | 12,212 | |
63,261 | |||
Machinery-Construction & Mining—0.1% | |||
Terex Corp. 144A 5.000%, 5/15/29(1) | 7,100 | 7,402 | |
Machinery-Diversified—0.0% | |||
Colfax Corp. 144A 6.375%, 2/15/26(1) | 3,116 | 3,291 | |
Media—2.9% | |||
CCO Holdings LLC | |||
4.500%, 5/1/32 | 21,375 | 22,150 | |
144A 5.375%, 6/1/29(1) | 14,780 | 16,156 | |
CSC Holdings LLC | |||
144A 7.500%, 4/1/28(1) | 9,860 | 10,821 | |
144A 5.750%, 1/15/30(1) | 16,900 | 17,555 | |
144A 4.625%, 12/1/30(1) | 8,300 | 8,143 | |
144A 5.000%, 11/15/31(1) | 12,820 | 12,882 | |
Diamond Sports Group LLC 144A 6.625%, 8/15/27(1) | 13,005 | 6,387 | |
DISH DBS Corp. | |||
7.375%, 7/1/28 | 13,135 | 14,135 |
Par Value | Value | ||
Media—continued | |||
144A 5.125%, 6/1/29(1) | $11,740 | $ 11,593 | |
Gray Television, Inc. 144A 4.750%, 10/15/30(1) | 14,095 | 14,046 | |
Meredith Corp. 6.875%, 2/1/26 | 9,844 | 10,238 | |
Nexstar Broadcasting, Inc. 144A 5.625%, 7/15/27(1) | 13,405 | 14,209 | |
Scripps Escrow II, Inc. | |||
144A 3.875%, 1/15/29(1) | 1,600 | 1,587 | |
144A 5.375%, 1/15/31(1) | 10,660 | 10,626 | |
Sirius XM Radio, Inc. | |||
144A 4.000%, 7/15/28(1) | 5,750 | 5,923 | |
144A 4.125%, 7/1/30(1) | 8,255 | 8,328 | |
TEGNA, Inc. 5.000%, 9/15/29 | 5,995 | 6,274 | |
Virgin Media Finance plc 144A 5.000%, 7/15/30(1) | 4,430 | 4,476 | |
Virgin Media Secured Finance plc 144A 5.500%, 5/15/29(1) | 7,805 | 8,390 | |
203,919 | |||
Metal Fabricate/Hardware—0.2% | |||
Park-Ohio Industries, Inc. 6.625%, 4/15/27 | 12,890 | 13,119 | |
Mining—0.7% | |||
FMG Resources August 2006 Pty Ltd. 144A 4.375%, 4/1/31(1) | 10,570 | 11,308 | |
Freeport-McMoRan, Inc. 5.250%, 9/1/29 | 10,690 | 11,799 | |
Hudbay Minerals, Inc. | |||
144A 4.500%, 4/1/26(1) | 9,720 | 9,756 | |
144A 6.125%, 4/1/29(1) | 4,220 | 4,494 | |
Joseph T Ryerson & Son, Inc. 144A 8.500%, 8/1/28(1) | 11,532 | 12,801 | |
50,158 | |||
Oil, Gas & Consumable Fuels—2.9% | |||
Antero Resources Corp. | |||
144A 7.625%, 2/1/29(1) | 9,990 | 11,089 | |
144A 5.375%, 3/1/30(1) | 7,740 | 7,900 | |
Callon Petroleum Co. | |||
6.125%, 10/1/24 | 6,110 | 6,023 |
Par Value | Value | ||
Oil, Gas & Consumable Fuels—continued | |||
144A 8.000%, 8/1/28(1) | $10,970 | $ 11,093 | |
Chesapeake Energy Corp. | |||
8.000%, 1/15/25(2) | 7,730 | — | |
8.000%, 3/15/26(2) | 6,301 | — | |
5.500%, 9/15/26(2) | 17,205 | — | |
CITGO Petroleum Corp. 144A 6.375%, 6/15/26(1) | 4,880 | 5,087 | |
CNX Resources Corp. 144A 7.250%, 3/14/27(1) | 11,270 | 12,077 | |
Cobalt International Energy, Inc 7.750%, 12/1/23(2) | 9,216 | 133 | |
Comstock Resources, Inc. | |||
144A 6.750%, 3/1/29(1) | 9,695 | 10,327 | |
144A 5.875%, 1/15/30(1) | 7,450 | 7,599 | |
Continental Resources, Inc. | |||
4.375%, 1/15/28 | 2,805 | 3,103 | |
144A 5.750%, 1/15/31(1) | 5,545 | 6,640 | |
EQT Corp. | |||
8.500%, 2/1/30 | 5,070 | 6,606 | |
144A 3.625%, 5/15/31(1) | 5,015 | 5,228 | |
Mesquite Energy, Inc. 6.125%, 1/15/23 | 6,240 | 125 | |
Nabors Industries, Inc. | |||
5.750%, 2/1/25 | 1,910 | 1,757 | |
144A 9.000%, 2/1/25(1) | 2,850 | 2,993 | |
Occidental Petroleum Corp. | |||
5.875%, 9/1/25 | 9,390 | 10,446 | |
5.550%, 3/15/26 | 4,140 | 4,575 | |
8.875%, 7/15/30 | 4,600 | 6,152 | |
6.625%, 9/1/30 | 11,355 | 13,626 | |
PBF Holding Co. LLC 6.000%, 2/15/28 | 12,435 | 8,518 | |
PDC Energy, Inc. 5.750%, 5/15/26 | 12,335 | 12,886 | |
SM Energy Co. | |||
6.625%, 1/15/27 | 10,540 | 10,830 | |
6.500%, 7/15/28 | 4,370 | 4,490 | |
Sunoco LP | |||
5.500%, 2/15/26 | 3,855 | 3,973 | |
5.875%, 3/15/28 | 6,830 | 7,257 | |
Transocean, Inc. | |||
144A 7.500%, 1/15/26(1) | 12,010 | 10,329 | |
144A 8.000%, 2/1/27(1) | 2,745 | 2,311 |
Par Value | Value | ||
Oil, Gas & Consumable Fuels—continued | |||
USA Compression Partners LP 6.875%, 9/1/27 | $11,045 | $ 11,799 | |
Weatherford International Ltd. 144A 11.000%, 12/1/24(1) | 605 | 629 | |
205,601 | |||
Paper & Forest Products—0.2% | |||
Mercer International, Inc. 144A 5.125%, 2/1/29(1) | 10,985 | 11,304 | |
Pharmaceuticals—1.4% | |||
AdaptHealth LLC 144A 4.625%, 8/1/29(1) | 10,005 | 10,130 | |
Bausch Health Americas, Inc. 144A 8.500%, 1/31/27(1) | 12,710 | 13,814 | |
Bausch Health Cos, Inc. | |||
144A 7.250%, 5/30/29(1) | 13,120 | 13,407 | |
144A 5.250%, 2/15/31(1) | 14,595 | 13,624 | |
Horizon Therapeutics USA, Inc. 144A 5.500%, 8/1/27(1) | 9,515 | 10,098 | |
Jazz Securities DAC 144A 4.375%, 1/15/29(1) | 14,325 | 14,852 | |
Organon & Co. 144A 5.125%, 4/30/31(1) | 13,170 | 13,568 | |
Prestige Brands, Inc. 144A 5.125%, 1/15/28(1) | 5,645 | 5,943 | |
95,436 | |||
Pipelines—1.5% | |||
Antero Midstream Partners LP 144A 5.375%, 6/15/29(1) | 9,185 | 9,576 | |
Cheniere Energy Partners LP 5.625%, 10/1/26 | 6,510 | 6,754 | |
Crestwood Midstream Partners LP 144A 6.000%, 2/1/29(1) | 11,010 | 11,533 | |
DCP Midstream Operating LP 5.125%, 5/15/29 | 7,470 | 8,254 | |
EQM Midstream Partners LP | |||
144A 6.500%, 7/1/27(1) | 8,470 | 9,444 | |
144A 4.750%, 1/15/31(1) | 12,785 | 13,174 | |
NGL Energy Operating LLC 144A 7.500%, 2/1/26(1) | 13,315 | 13,981 |
Par Value | Value | ||
Pipelines—continued | |||
NGL Energy Partners LP 7.500%, 4/15/26 | $ 4,095 | $ 3,737 | |
NuStar Logistics LP 6.375%, 10/1/30 | 9,135 | 10,093 | |
Targa Resources Partners LP | |||
6.500%, 7/15/27 | 7,170 | 7,770 | |
6.875%, 1/15/29 | 10,670 | 12,021 | |
106,337 | |||
Real Estate—0.2% | |||
Kennedy-Wilson, Inc. 5.000%, 3/1/31 | 12,550 | 12,911 | |
Retail—0.7% | |||
1011778 BC ULC / New Red Finance, Inc. 144A 4.000%, 10/15/30(1) | 17,720 | 17,144 | |
Asbury Automotive Group, Inc. 4.750%, 3/1/30 | 6,155 | 6,432 | |
L Brands, Inc. 144A 6.625%, 10/1/30(1) | 10,955 | 12,681 | |
Mariposa Borrower, Inc. 8.000%, 10/15/21(2) | 6,810 | 4,009 | |
Party City Holdings, Inc. 144A 6.625%, 8/1/26(1) | 2,800 | 2,408 | |
Yum! Brands, Inc. 4.625%, 1/31/32 | 3,660 | 3,843 | |
46,517 | |||
Semiconductors—0.2% | |||
Amkor Technology, Inc. 144A 6.625%, 9/15/27(1) | 9,410 | 10,151 | |
Synaptics, Inc. 144A 4.000%, 6/15/29(1) | 5,940 | 5,970 | |
16,121 | |||
Software—0.7% | |||
Clarivate Science Holdings Corp. | |||
144A 3.875%, 6/30/28(1) | 6,310 | 6,367 | |
144A 4.875%, 6/30/29(1) | 11,325 | 11,622 | |
Elastic N.V. 144A 4.125%, 7/15/29(1) | 1,940 | 1,940 | |
Rackspace Technology Global, Inc. 144A 5.375%, 12/1/28(1) | 14,500 | 14,863 | |
SS&C Technologies, Inc. 144A 5.500%, 9/30/27(1) | 12,455 | 13,199 | |
47,991 | |||
Par Value | Value | ||
Telecommunications—2.4% | |||
Avaya, Inc. 144A 6.125%, 9/15/28(1) | $15,335 | $ 16,413 | |
Cincinnati Bell, Inc. 144A 7.000%, 7/15/24(1) | 7,265 | 7,456 | |
CommScope Technologies LLC | |||
144A 6.000%, 6/15/25(1) | 6,185 | 6,316 | |
144A 5.000%, 3/15/27(1) | 5,640 | 5,774 | |
CommScope, Inc. 144A 8.250%, 3/1/27(1) | 3,170 | 3,388 | |
GTT Communications, Inc. 144A 7.875%, 12/31/24(1)(2) | 10,045 | 904 | |
Hughes Satellite Systems Corp. 6.625%, 8/1/26 | 13,080 | 14,666 | |
Intelsat Connect Finance S.A. 144A 9.500%, 2/15/23(1) | 3,195 | 1,054 | |
Intelsat Jackson Holdings S.A. | |||
5.500%, 8/1/23 | 5,390 | 3,086 | |
144A 9.750%, 7/15/25(1) | 6,940 | 4,042 | |
LogMeIn, Inc. 144A 5.500%, 9/1/27(1) | 12,660 | 13,104 | |
Lumen Technologies, Inc. | |||
144A 5.125%, 12/15/26(1) | 12,205 | 12,678 | |
144A 4.500%, 1/15/29(1) | 15,690 | 15,313 | |
144A 5.375%, 6/15/29(1) | 11,525 | 11,691 | |
Plantronics, Inc. 144A 4.750%, 3/1/29(1) | 6,885 | 6,835 | |
Sprint Communications, Inc. 11.500%, 11/15/21 | 7,890 | 8,184 | |
Sprint Corp 7.125%, 6/15/24 | 6,860 | 7,915 | |
Sprint Corp. 7.625%, 3/1/26 | 8,595 | 10,486 | |
T-Mobile USA, Inc. | |||
3.375%, 4/15/29 | 8,250 | 8,514 | |
2.875%, 2/15/31 | 4,620 | 4,585 | |
3.500%, 4/15/31 | 8,600 | 8,897 | |
Windstream Services LLC 6.375%, 8/1/23(2) | 7,464 | — | |
171,301 | |||
Par Value | Value | ||
Transportation—0.3% | |||
Fortress Transportation and Infrastructure Investors LLC | |||
144A 9.750%, 8/1/27(1) | $12,065 | $ 13,950 | |
144A 5.500%, 5/1/28(1) | 5,200 | 5,415 | |
19,365 | |||
Total Corporate Bonds and Notes (Identified Cost $2,176,765) | 2,150,585 | ||
Leveraged Loans—0.6% | |||
Entertainment—0.2% | |||
Music Technology Holdings LLC 8.000%, 12/16/22(2)(4)(5) | 11,673 | 11,673 | |
Healthcare-Products—0.2% | |||
Avantor Funding, Inc. Tranche B-4 (1 month LIBOR + 2.250%) 3.250%, 11/8/27(6) | 9,642 | 9,638 | |
Retail—0.1% | |||
Petco Health and Wellness Co., Inc. First Lien (3 month LIBOR + 3.250%) 4.000%, 3/3/28(6) | 8,487 | 8,467 | |
Software—0.1% | |||
Camelot US Acquisition I Co. (1 month LIBOR + 3.000%) 3.104%, 10/30/26(6) | 9,646 | 9,598 | |
Total Leveraged Loans (Identified Cost $39,407) | 39,376 | ||
Shares | ||
Convertible Preferred Stocks—6.1% | ||
Auto Components—0.3% | ||
Aptiv plc Series A, 5.500% | 121,335 | 21,697 |
Banks—0.7% | ||
Bank of America Corp., 7.250% | 11,830 | 16,751 |
Shares | Value | ||
Banks—continued | |||
Wells Fargo & Co., 7.500% | 23,180 | $ 35,378 | |
52,129 | |||
Capital Markets—0.3% | |||
KKR & Co., Inc. Series C, 6.000% | 242,405 | 18,680 | |
Chemicals—0.2% | |||
International Flavors & Fragrances, Inc., 6.000% | 228,970 | 11,588 | |
Commercial Services & Supplies—0.2% | |||
GFL Environmental, Inc., 6.000% | 182,870 | 13,670 | |
Communications Equipment—0.4% | |||
2020 Cash Mandatory Exchangeable Trust 144A, 5.250%(1) | 22,815 | 28,749 | |
Construction & Engineering—0.0% | |||
Fluor Corp. 144A, 6.500%(1) | 3,875 | 4,111 | |
Diversified Financial Services—0.3% | |||
2020 Mandatory Exchangeable Trust 144A, 6.500%(1) | 11,905 | 21,346 | |
Electric Utilities—0.9% | |||
AES Corp. (The), 6.875% | 256,340 | 27,574 | |
NextEra Energy, Inc., 5.279% | 269,480 | 13,194 | |
NextEra Energy, Inc., 6.219% | 482,970 | 23,859 | |
64,627 | |||
Electronic Equipment, Instruments & Components—0.1% | |||
II-VI, Inc., 6.000% | 23,240 | 6,999 | |
Health Care Facilities—0.9% | |||
Avantor, Inc. Series A, 6.250% | 171,680 | 18,809 | |
Danaher Corp., 5.000% | 31,460 | 46,412 | |
65,221 | |||
Healthcare Equipment & Supplies—0.3% | |||
Boston Scientific Corp. Series A, 5.500% | 183,445 | 21,291 | |
Industrial Machinery—0.1% | |||
Stanley Black & Decker, Inc., 5.250% | 73,715 | 8,900 |
Shares | Value | ||
Media—0.2% | |||
ViacomCBS, Inc. Series A, 5.750% | 172,220 | $ 12,767 | |
Pharmaceuticals—0.2% | |||
Elanco Animal Health, Inc., 5.000% | 213,940 | 11,480 | |
Professional Services—0.3% | |||
Clarivate plc Series A, 5.250% | 177,655 | 18,600 | |
Semiconductors & Semiconductor Equipment—0.7% | |||
Broadcom, Inc. Series A, 8.000% | 32,330 | 49,137 | |
Total Convertible Preferred Stocks (Identified Cost $363,534) | 430,992 | ||
Preferred Stocks—0.3% | |||
Entertainment—0.3% | |||
LiveStyle, Inc. Series A (2)(4)(7) | 7,960 | 1,247 | |
LiveStyle, Inc. Series B (2)(4)(5)(7) | 171,344 | 17,135 | |
Sfx Entertainment, Inc. Series B(2) | 8,000 | — | |
18,382 | |||
Total Preferred Stocks (Identified Cost $25,579) | 18,382 | ||
Common Stocks—33.1% | |||
Air Freight & Logistics—0.3% | |||
FedEx Corp.(8) | 76,140 | 22,715 | |
Automobiles—1.2% | |||
Ford Motor Co.(7) | 1,318,690 | 19,596 | |
Tesla, Inc.(7)(8) | 92,725 | 63,025 | |
82,621 | |||
Banks—0.9% | |||
CCF Holdings LLC Class M(2)(5)(7) | 1,759,917 | 1,285 | |
CCF Holdings LP(2)(7)(9) | 7,416,755 | 5,414 | |
JPMorgan Chase & Co. | 192,445 | 29,933 | |
Wells Fargo & Co. | 603,585 | 27,336 | |
63,968 | |||
Biotechnology—0.6% | |||
AbbVie, Inc. | 244,942 | 27,590 |
Shares | Value | ||
Biotechnology—continued | |||
Horizon Therapeutics plc(7) | 179,900 | $ 16,846 | |
44,436 | |||
Capital Markets—0.6% | |||
Charles Schwab Corp. (The)(8) | 245,260 | 17,857 | |
S&P Global, Inc. | 58,340 | 23,946 | |
41,803 | |||
Chemicals—0.2% | |||
Chemours Co. (The) | 327,415 | 11,394 | |
Dow, Inc. | 83,978 | 5,314 | |
16,708 | |||
Commercial Services & Supplies—0.0% | |||
CENVEO Corp.(2)(5) | 19,074 | 109 | |
Consumer Finance—0.0% | |||
Erickson, Inc.(2)(7) | 10,866 | 313 | |
Energy Equipment & Services—0.3% | |||
Bristow Group, Inc.(2) | 1,625,000 | — | |
Schlumberger N.V.(8) | 687,365 | 22,003 | |
22,003 | |||
Entertainment—0.8% | |||
Activision Blizzard, Inc.(8) | 163,955 | 15,648 | |
LiveStyle, Inc (2)(4)(5)(7) | 202,319 | — (10) | |
Netflix, Inc.(7)(8) | 23,040 | 12,170 | |
Roku, Inc. Class A (7) | 66,315 | 30,455 | |
58,273 | |||
Equity Real Estate Investment—0.4% | |||
Crown Castle International Corp. | 148,671 | 29,006 | |
Food & Staples Retailing—0.4% | |||
Costco Wholesale Corp. | 65,680 | 25,988 | |
Healthcare Equipment & Supplies—1.2% | |||
Abbott Laboratories | 104,390 | 12,102 | |
Align Technology, Inc.(7) | 38,875 | 23,753 | |
Dexcom, Inc.(7) | 42,070 | 17,964 | |
Intuitive Surgical, Inc.(7) | 31,095 | 28,596 | |
82,415 | |||
Healthcare Providers & Services—0.5% | |||
UnitedHealth Group, Inc. | 84,395 | 33,795 | |
Hotels, Restaurants & Leisure—1.5% | |||
Booking Holdings, Inc.(7) | 15,510 | 33,937 | |
Darden Restaurants, Inc. | 125,160 | 18,272 | |
MGM Resorts International | 543,960 | 23,200 | |
Starbucks Corp.(8) | 297,147 | 33,224 | |
108,633 | |||
Shares | Value | ||
Household Durables—0.4% | |||
DR Horton, Inc. | 285,265 | $ 25,779 | |
Industrial Conglomerates—0.3% | |||
Honeywell International, Inc. | 98,630 | 21,635 | |
Insurance—0.3% | |||
Aon plc Class A(8) | 74,475 | 17,782 | |
Interactive Media & Services—3.9% | |||
Alphabet, Inc. Class A(7) | 51,660 | 126,143 | |
Facebook, Inc. Class A(7) | 354,155 | 123,143 | |
Match Group, Inc.(7)(8) | 130,346 | 21,018 | |
270,304 | |||
Internet & Direct Marketing Retail—1.5% | |||
Amazon.com, Inc.(7) | 29,900 | 102,861 | |
IT Services—3.3% | |||
Accenture plc Class A | 90,320 | 26,625 | |
Mastercard, Inc. Class A | 142,505 | 52,027 | |
PayPal Holdings, Inc.(7) | 169,410 | 49,380 | |
Shopify, Inc. Class A(7) | 4,360 | 6,370 | |
Square, Inc. Class A(7) | 85,925 | 20,949 | |
Twilio, Inc. Class A(7)(8) | 43,275 | 17,057 | |
Visa, Inc. Class A | 244,315 | 57,126 | |
229,534 | |||
Life Sciences Tools & Services—1.2% | |||
Agilent Technologies, Inc. | 177,060 | 26,171 | |
Illumina, Inc.(7) | 17,305 | 8,189 | |
IQVIA Holdings, Inc.(7) | 138,150 | 33,476 | |
Thermo Fisher Scientific, Inc. | 37,040 | 18,686 | |
86,522 | |||
Machinery—0.4% | |||
Caterpillar, Inc.(8) | 73,490 | 15,994 | |
Deere & Co.(8) | 44,020 | 15,526 | |
31,520 | |||
Media—0.0% | |||
Postmedia Network Canada Corp.(2)(7) | 1,018,823 | 1,742 | |
Metals & Mining—0.2% | |||
Freeport-McMoRan, Inc. | 318,905 | 11,835 | |
Multiline Retail—0.4% | |||
Target Corp. | 111,990 | 27,072 | |
Oil, Gas & Consumable Fuels—1.0% | |||
Arch Resources, Inc.(7) | 1,858 | 106 | |
Chesapeake Energy Corp. | 12,296 | 638 | |
Exxon Mobil Corp. | 461,720 | 29,125 | |
Hercules Offshore, Inc.(2) | 174,935 | — | |
Nabors Industries Ltd.(7) | 7,277 | 831 | |
Noble Corp.(7) | 5,386 | 133 | |
Oasis Petroleum, Inc. | 99,370 | 9,992 |
Shares | Value | ||
Oil, Gas & Consumable Fuels—continued | |||
Occidental Petroleum Corp. | 168,755 | $ 5,277 | |
Riviera Resources, Inc.(2) | 25,527 | 7 | |
Southwestern Energy Co.(7) | 508,010 | 2,880 | |
Valero Energy Corp. | 262,125 | 20,467 | |
69,456 | |||
Pharmaceuticals—0.8% | |||
Eli Lilly & Co. | 178,610 | 40,995 | |
Zoetis, Inc. Class A | 100,480 | 18,725 | |
59,720 | |||
Road & Rail—0.2% | |||
Union Pacific Corp. | 50,300 | 11,062 | |
Semiconductors & Semiconductor Equipment—3.1% | |||
Advanced Micro Devices, Inc.(7)(8) | 217,130 | 20,395 | |
Broadcom, Inc. | 32,580 | 15,535 | |
Enphase Energy, Inc.(7) | 109,350 | 20,080 | |
GT Advanced Technologies, Inc.(2)(7) | 537 | — | |
Lam Research Corp. | 55,350 | 36,016 | |
Marvell Technology, Inc. | 446,555 | 26,048 | |
Micron Technology, Inc.(7) | 304,925 | 25,913 | |
NVIDIA Corp.(8) | 68,910 | 55,135 | |
QUALCOMM, Inc. | 127,875 | 18,277 | |
217,399 | |||
Software—4.0% | |||
Adobe, Inc.(7) | 80,680 | 47,249 | |
Atlassian Corp. PLC Class A(7) | 50,530 | 12,979 | |
Crowdstrike Holdings, Inc. Class A(7)(8) | 69,140 | 17,376 | |
Intuit, Inc. | 75,205 | 36,863 | |
Microsoft Corp. | 443,675 | 120,192 | |
salesforce.com, Inc.(7) | 77,770 | 18,997 | |
ServiceNow, Inc.(7)(8) | 12,125 | 6,663 | |
Zoom Video Communications, Inc. Class A(7) | 46,025 | 17,813 | |
278,132 | |||
Specialty Retail—1.1% | |||
Carvana Co. Class A(7) | 20,945 | 6,321 | |
Home Depot, Inc. (The) | 176,900 | 56,412 | |
TJX Cos., Inc. (The) | 229,795 | 15,493 | |
78,226 | |||
Technology Hardware, Storage & Peripherals—1.5% | |||
Apple, Inc. | 755,317 | 103,448 |
Shares | Value | ||
Textiles, Apparel & Luxury Goods—0.6% | |||
Iconix Brand Group, Inc.(7) | 44,216 | $ 138 | |
NIKE, Inc. Class B(8) | 258,325 | 39,909 | |
Quiksilver, Inc.(2) | 2,328 | 73 | |
40,120 | |||
Total Common Stocks (Identified Cost $2,022,508) | 2,316,935 | ||
Warrants—0.0% | |||
Banks—0.0% | |||
CCF Holdings LLC(2)(7) | 2,911,361 | 1,427 | |
Entertainment—0.0% | |||
LiveStyle, Inc. Series C(2)(4)(7) | 43,500 | — (10) | |
Media—0.0% | |||
Affinion Group Holdings(2)(7) | 7,203 | — | |
Oil, Gas & Consumable Fuels—0.0% | |||
Occidental Petroleum Corp.(7) | 28,712 | 399 | |
Chesapeake Energy Corp.(7) | 23,201 | 484 | |
Nabors Industries Ltd.(7) | 2,910 | 29 | |
Arch Resources, Inc.(7) | 4,002 | 73 | |
Sable Permian Resources Wts C(2) | 7,241 | 109 | |
Noble Corp.(7) | 21,895 | 152 | |
Noble Corp.(7) | 21,895 | 186 | |
1,432 | |||
Total Warrants (Identified Cost $8,929) | 2,859 | ||
Par Value | ||
Convertible Bonds and Notes—24.9% | ||
Airlines—0.6% | ||
JetBlue Airways Corp. 144A 0.500%, 4/1/26(1) | $18,850 | 18,784 |
Southwest Airlines Co. 1.250%, 5/1/25 | 16,065 | 24,328 |
43,112 | ||
Auto Manufacturers—1.3% | ||
Ford Motor Co. 144A 0.000%, 3/15/26(1) | 30,405 | 33,616 |
NIO, Inc. | ||
144A 0.000%, 2/1/26(1) | 6,940 | 6,517 |
144A 0.500%, 2/1/27(1) | 10,595 | 9,949 |
Par Value | Value | ||
Auto Manufacturers—continued | |||
Tesla, Inc. 2.000%, 5/15/24 | $ 3,475 | $ 38,004 | |
88,086 | |||
Banks—0.3% | |||
BofA Finance LLC 0.125%, 9/1/22 | 8,900 | 10,769 | |
JPMorgan Chase Bank NA 144A 0.125%, 1/1/23(1) | 8,650 | 9,618 | |
20,387 | |||
Biotechnology—1.3% | |||
Apellis Pharmaceuticals, Inc. 3.500%, 9/15/26 | 3,370 | 6,213 | |
Bridgebio Pharma, Inc. 144A 2.250%, 2/1/29(1) | 13,545 | 13,080 | |
Exact Sciences Corp. | |||
0.375%, 3/15/27 | 15,360 | 20,323 | |
0.375%, 3/1/28 | 3,520 | 4,352 | |
Guardant Health, Inc. 144A 0.000%, 11/15/27(1) | 15,590 | 17,743 | |
Halozyme Therapeutics, Inc. 144A 0.250%, 3/1/27(1) | 16,420 | 15,240 | |
Illumina, Inc. 0.000%, 8/15/23 | 5,645 | 7,106 | |
Insmed, Inc. 0.750%, 6/1/28 | 6,365 | 6,998 | |
91,055 | |||
Commercial Services—1.2% | |||
Alarm.com Holdings, Inc. 144A 0.000%, 1/15/26(1) | 11,690 | 10,720 | |
Chegg, Inc. | |||
0.125%, 3/15/25 | 2,450 | 4,129 | |
144A 0.000%, 9/1/26(1) | 20,850 | 21,663 | |
Shift4 Payments, Inc. 144A 0.000%, 12/15/25(1) | 9,525 | 12,841 | |
Square, Inc. | |||
0.125%, 3/1/25 | 2,950 | 6,075 | |
144A 0.000%, 5/1/26(1) | 4,450 | 5,020 | |
144A 0.250%, 11/1/27(1) | 22,025 | 25,549 | |
85,997 | |||
Computers—0.5% | |||
Lumentum Holdings, Inc. 0.500%, 12/15/26 | 16,195 | 17,471 | |
Zscaler, Inc. 144A 0.125%, 7/1/25(1) | 11,885 | 18,532 | |
36,003 | |||
Par Value | Value | ||
Diversified Financial Services—0.3% | |||
Coinbase Global, Inc. 144A 0.500%, 6/1/26(1) | $10,970 | $ 11,113 | |
LendingTree, Inc. 144A 0.500%, 7/15/25(1) | 11,275 | 10,190 | |
21,303 | |||
Electronics—0.1% | |||
II-VI, Inc. 0.250%, 9/1/22 | 5,380 | 8,484 | |
Energy-Alternate Sources—0.6% | |||
Enphase Energy, Inc. | |||
144A 0.000%, 3/1/26(1) | 9,595 | 9,379 | |
144A 0.000%, 3/1/28(1) | 14,490 | 14,042 | |
SolarEdge Technologies, Inc. 144A 0.000%, 9/15/25(1) | 7,840 | 9,820 | |
Sunnova Energy International, Inc. 144A 0.250%, 12/1/26(1) | 7,835 | 9,743 | |
42,984 | |||
Entertainment—0.6% | |||
DraftKings, Inc. 144A 0.000%, 3/15/28(1) | 21,940 | 19,768 | |
Live Nation Entertainment, Inc. 2.000%, 2/15/25 | 8,890 | 9,921 | |
Vail Resorts, Inc. 144A 0.000%, 1/1/26(1) | 11,125 | 11,542 | |
41,231 | |||
Equity Real Estate Investment Trusts (REITs)—0.2% | |||
Pebblebrook Hotel Trust 1.750%, 12/15/26 | 13,065 | 14,816 | |
Healthcare-Products—0.9% | |||
Envista Holdings Corp. 2.375%, 6/1/25 | 7,605 | 16,199 | |
Insulet Corp. 0.375%, 9/1/26 | 14,835 | 20,166 | |
Novocure Ltd. 144A 0.000%, 11/1/25(1) | 11,295 | 16,950 | |
Omnicell, Inc. 144A 0.250%, 9/15/25(1) | 7,340 | 11,887 | |
65,202 | |||
Healthcare-Services—0.8% | |||
Anthem, Inc. 2.750%, 10/15/42 | 2,840 | 15,330 | |
Oak Street Health, Inc. 144A 0.000%, 3/15/26(1) | 17,380 | 17,759 |
Par Value | Value | ||
Healthcare-Services—continued | |||
Teladoc Health, Inc. 1.250%, 6/1/27 | $19,400 | $ 21,716 | |
54,805 | |||
Internet—5.3% | |||
21Vianet Group, Inc. 144A 0.000%, 2/1/26(1) | 11,100 | 9,540 | |
Airbnb, Inc. 144A 0.000%, 3/15/26(1) | 28,720 | 27,069 | |
Booking Holdings, Inc. 0.750%, 5/1/25 | 4,905 | 6,936 | |
Etsy, Inc. 144A 0.125%, 9/1/27(1) | 19,855 | 25,563 | |
Expedia Group, Inc. 144A 0.000%, 2/15/26(1) | 21,280 | 22,982 | |
FireEye, Inc. 0.875%, 6/1/24 | 10,720 | 12,107 | |
Match Group Financeco 2, Inc. 144A 0.875%, 6/15/26(1) | 14,815 | 28,380 | |
Okta, Inc. 0.375%, 6/15/26 | 16,125 | 20,092 | |
Palo Alto Networks, Inc. 0.750%, 7/1/23 | 8,980 | 13,088 | |
Pinduoduo, Inc. 0.000%, 12/1/25 | 9,745 | 10,008 | |
Shopify, Inc. 0.125%, 11/1/25 | 15,760 | 20,520 | |
Snap, Inc. 144A 0.000%, 5/1/27(1) | 30,075 | 32,150 | |
Spotify USA, Inc. 144A 0.000%, 3/15/26(1) | 16,660 | 15,594 | |
Twitter, Inc. 144A 0.000%, 3/15/26(1) | 28,750 | 27,420 | |
Uber Technologies, Inc. 144A 0.000%, 12/15/25(1) | 23,455 | 23,783 | |
Wayfair, Inc. 144A 0.625%, 10/1/25(1) | 23,465 | 24,990 | |
Wix.com Ltd. 144A 0.000%, 8/15/25(1) | 14,780 | 15,482 | |
Zendesk, Inc. 0.625%, 6/15/25 | 14,295 | 20,818 | |
Zillow Group, Inc. 2.750%, 5/15/25 | 8,330 | 16,426 | |
372,948 | |||
Leisure Time—0.9% | |||
NCL Corp., Ltd. | |||
6.000%, 5/15/24 | 3,485 | 8,089 | |
144A 5.375%, 8/1/25(1) | 5,760 | 10,474 | |
Peloton Interactive, Inc. 144A 0.000%, 2/15/26(1) | 13,050 | 12,618 |
Par Value | Value | ||
Leisure Time—continued | |||
Royal Caribbean Cruises Ltd. | |||
144A 4.250%, 6/15/23(1) | $13,815 | $ 18,824 | |
144A 2.875%, 11/15/23(1) | 9,510 | 11,923 | |
61,928 | |||
Media—1.1% | |||
DISH Network Corp. | |||
3.375%, 8/15/26 | 10,680 | 10,899 | |
144A 0.000%, 12/15/25(1) | 13,975 | 16,274 | |
Liberty Broadband Corp. 144A 2.750%, 9/30/50(1) | 10,530 | 11,056 | |
Liberty Media Corp. | |||
1.375%, 10/15/23 | 12,690 | 16,862 | |
144A 0.500%, 12/1/50(1) | 9,020 | 10,377 | |
Liberty Media Corp-Liberty Formula One 1.000%, 1/30/23 | 6,395 | 8,694 | |
74,162 | |||
Mining—0.1% | |||
MP Materials Corp. 144A 0.250%, 4/1/26(1) | 8,710 | 9,352 | |
Oil, Gas & Consumable Fuels—0.8% | |||
EQT Corp. 1.750%, 5/1/26 | 12,245 | 20,395 | |
Pioneer Natural Resources Co. 0.250%, 5/15/25 | 18,725 | 29,876 | |
Transocean, Inc. 4.000%, 12/15/25 | 2,952 | 3,489 | |
53,760 | |||
Pharmaceuticals—0.8% | |||
Clovis Oncology, Inc. 1.250%, 5/1/25 | 4,440 | 3,256 | |
Dexcom, Inc. | |||
0.750%, 12/1/23 | 3,145 | 8,173 | |
0.250%, 11/15/25 | 17,725 | 18,511 | |
Jazz Investments I Ltd. 2.000%, 6/15/26 | 17,490 | 23,262 | |
53,202 | |||
Pipelines—0.3% | |||
Cheniere Energy, Inc. 4.250%, 3/15/45 | 20,350 | 17,139 | |
Real Estate—0.1% | |||
Redfin Corp. 144A 0.000%, 10/15/25(1) | 8,810 | 9,880 |
Par Value | Value | ||
Retail—0.5% | |||
Burlington Stores, Inc. 2.250%, 4/15/25 | $13,805 | $ 21,933 | |
RH 0.000%, 6/15/23 | 4,220 | 14,733 | |
36,666 | |||
Semiconductors—1.4% | |||
Cree, Inc. 0.875%, 9/1/23 | 7,155 | 11,922 | |
MACOM Technology Solutions Holdings, Inc. 144A 0.250%, 3/15/26(1) | 5,025 | 5,279 | |
Microchip Technology, Inc. 0.125%, 11/15/24 | 39,629 | 44,583 | |
ON Semiconductor Corp. 144A 0.000%, 5/1/27(1) | 20,770 | 21,613 | |
Synaptics, Inc. 0.500%, 6/15/22 | 5,970 | 12,571 | |
95,968 | |||
Software—4.6% | |||
Akamai Technologies, Inc. 0.125%, 5/1/25 | 15,830 | 20,690 | |
Alteryx, Inc. | |||
0.500%, 8/1/24 | 5,940 | 5,658 | |
1.000%, 8/1/26 | 9,955 | 9,371 | |
Bentley Systems, Inc. 144A 0.125%, 1/15/26(1) | 13,375 | 15,934 | |
Bill.com Holdings, Inc. 144A 0.000%, 12/1/25(1) | 14,480 | 19,331 | |
Cloudflare, Inc. 0.750%, 5/15/25 | 5,275 | 15,020 | |
Coupa Software, Inc. 0.375%, 6/15/26 | 21,400 | 24,688 | |
Datadog, Inc. 0.125%, 6/15/25 | 12,075 | 16,082 | |
DocuSign, Inc. 144A 0.000%, 1/15/24(1) | 14,050 | 14,471 | |
Fastly, Inc. 144A 0.000%, 3/15/26(1) | 12,690 | 11,821 | |
Five9, Inc. 144A 0.500%, 6/1/25(1) | 9,045 | 13,370 | |
HubSpot, Inc. 0.375%, 6/1/25 | 8,445 | 17,874 | |
MicroStrategy, Inc. 144A 0.000%, 2/15/27(1) | 12,620 | 9,414 | |
MongoDB, Inc. 0.250%, 1/15/26 | 10,815 | 19,514 | |
Palo Alto Networks, Inc. 0.375%, 6/1/25 | 20,020 | 27,227 |
Par Value | Value | ||
Software—continued | |||
RingCentral, Inc. | |||
0.000%, 3/1/25 | $18,030 | $ 19,912 | |
144A 0.000%, 3/15/26(1) | 3,715 | 3,757 | |
Splunk, Inc. | |||
0.500%, 9/15/23 | 4,260 | 4,958 | |
1.125%, 6/15/27 | 18,405 | 17,933 | |
Workday, Inc. 0.250%, 10/1/22 | 13,695 | 22,639 | |
Zynga, Inc. | |||
0.250%, 6/1/24 | 6,420 | 8,836 | |
144A 0.000%, 12/15/26(1) | 5,705 | 6,083 | |
324,583 | |||
Telecommunications—0.3% | |||
Infinera Corp. 2.125%, 9/1/24 | 4,190 | 5,124 | |
Viavi Solutions, Inc. | |||
1.750%, 6/1/23 | 9,083 | 12,196 | |
1.000%, 3/1/24 | 3,525 | 4,968 | |
22,288 | |||
Total Convertible Bonds and Notes (Identified Cost $1,636,919) | 1,745,341 | ||
Total Long-Term Investments—95.7% (Identified Cost $6,273,641) | 6,704,470 | ||
Shares | ||
Short-Term Investments—3.9% | ||
Money Market Mutual Fund—3.8% | ||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(11) | 264,318,051 | 264,318 |
Total Money Market Mutual Fund (Identified Cost $264,318) | 264,318 | |
Affiliated Mutual Fund—0.1% | ||
Virtus AllianzGI High Yield Bond Fund(5)(11) | 1,275,044 | 10,914 |
Total Affiliated Mutual Fund (Identified Cost $10,754) | 10,914 | |
Total Short-Term Investments (Identified Cost $275,072) | 275,232 | |
TOTAL INVESTMENTS, BEFORE WRITTEN OPTIONS—99.6% (Identified Cost $6,548,713) | 6,979,702 | |
Value | ||
Written Options—(0.1)% | ||
(See open written options schedule) | ||
Total Written Options (Premiums Received $1,229) | $ (4,303) | |
TOTAL INVESTMENTS, NET OF WRITTEN OPTIONS—99.5% (Identified Cost $6,547,484) | $6,975,399 | |
Other assets and liabilities, net—0.5% | 33,723 | |
NET ASSETS—100.0% | $7,009,122 |
Abbreviations: | |
LIBOR | London Interbank Offered Rate |
LLC | Limited Liability Company |
LP | Limited Partnership |
NA | National Association |
PLC | Public Limited Company |
REIT | Real Estate Investment Trust |
S&P | Standard & Poor’s |
SBA | Small Business Administration |
Footnote Legend: | |
(1) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2021, these securities amounted to a value of $2,363,565 or 33.7% of net assets. |
(2) | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. |
(3) | Security in default; no interest payments are being received during the bankruptcy proceedings. |
(4) | A member of the Fund’s portfolio management team is a member of the board of directors of LiveStyle, Inc. The aggregate value of investments by the Fund in LiveStyle, Inc. and its subsidiary Music Technology Holdings LLC represents 0.4% of net assets. See Note 4H in the Notes to Financial Statements. |
(5) | Affiliated company. See Note 4H in Notes to Financial Statements. |
(6) | Variable rate security. Rate disclosed is as of June 30, 2021. Information in parenthesis represents benchmark and reference rate for each security. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions, or, for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions. |
(7) | Non-income producing. |
(8) | All or a portion of the security is segregated as collateral for written options. |
(9) | No contractual maturity date. |
(10) | Amount is less than $500. |
(11) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 92% |
Canada | 2 |
Cayman Islands | 1 |
Jersey | 1 |
Bermuda | 1 |
Netherlands | 1 |
United Kingdom | 1 |
Other | 1 |
Total | 100% |
† % of total investments, net of written options, as of June 30, 2021. |
Open Written Options Contracts as of June 30, 2021 were as follows: | |||||
Description of Options | Number of Contracts | Contract Notional Amount | Strike Price(1) | Expiration Date | Value |
Call Options(2) | |||||
Activision Blizzard, Inc. | 815 | $ 8,558 | $105.00 | 07/16/21 | $ (13) |
AMD US 08/20/21 C105 | 1,075 | 11,288 | 105.00 | 08/20/21 | (265) |
Aon plc | 370 | 9,620 | 260.00 | 07/16/21 | (22) |
Caterpillar, Inc. | 425 | 10,200 | 240.00 | 07/16/21 | (16) |
Charles Schwab Corp. (The) | 1,230 | 9,840 | 80.00 | 08/20/21 | (89) |
Crowdstrike Holdings, Inc. | 345 | 8,970 | 260.00 | 07/16/21 | (167) |
Deere & Co. | 220 | 8,580 | 390.00 | 08/20/21 | (68) |
Dow, Inc. | 285 | 1,995 | 70.00 | 08/20/21 | (18) |
DR Horton, Inc. | 710 | 6,958 | 98.00 | 07/16/21 | (18) |
FedEx Corp. | 385 | 13,475 | 350.00 | 07/16/21 | (8) |
Match Group, Inc. | 780 | 12,870 | 165.00 | 07/16/21 | (216) |
Netflix, Inc. | 115 | 6,900 | 600.00 | 08/20/21 | (69) |
NIKE, Inc. | 1,515 | 21,967 | 145.00 | 07/16/21 | (1,485) |
NVIDIA Corp. | 345 | 27,255 | 790.00 | 07/16/21 | (1,019) |
Schlumberger NV | 1,720 | 6,450 | 37.50 | 07/16/21 | (14) |
ServiceNow, Inc. | 60 | 3,420 | 570.00 | 07/16/21 | (28) |
Starbucks Corp. | 745 | 8,940 | 120.00 | 08/20/21 | (74) |
Tesla, Inc. | 465 | 33,712 | 725.00 | 07/16/21 | (595) |
Twilio, Inc. | 70 | 2,730 | 390.00 | 07/16/21 | (119) |
Total Written Options | $(4,303) | ||||
Footnote Legend: | |||||
(1) Strike price not reported in thousands. | |||||
(2) Exchange-traded options |
Total Value at June 30, 2021 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | ||||
Assets: | |||||||
Debt Securities: | |||||||
Corporate Bonds and Notes | $2,150,585 | $ — | $2,145,539 | $ 5,046(1) | |||
Leveraged Loans | 39,376 | — | 27,703 | 11,673 | |||
Convertible Bonds and Notes | 1,745,341 | — | 1,745,341 | — | |||
Equity Securities: | |||||||
Common Stocks | 2,316,935 | 2,307,992 | — | 8,943 (1) | |||
Convertible Preferred Stocks | 430,992 | 376,786 | 54,206 | — | |||
Warrants | 2,859 | 1,250 | 73 | 1,536 (1) | |||
Preferred Stocks | 18,382 | — | — | 18,382 (1) | |||
Affiliated Mutual Fund | 10,914 | 10,914 | — | — | |||
Money Market Mutual Fund | 264,318 | 264,318 | — | — | |||
Total Investments, before Written Options | 6,979,702 | 2,961,260 | 3,972,862 | 45,580 | |||
Liabilities: | |||||||
Other Financial Instruments: | |||||||
Written Options | (4,303) | (4,303) | — | — | |||
Total Investments, Net of Written Options | $6,975,399 | $2,956,957 | $3,972,862 | $45,580 |
(1) | Includes internally fair valued securities currently priced at zero ($0). |
Total | Corporate Bonds And Notes | Leveraged Loans | Common Stocks | Warrants | Preferred Stocks | ||||||
Investments in Securities | |||||||||||
Balance as of June 30, 2020: | $ 21,458 | $ 3,480 | - | $ 1,731 | $ 16 | $ 16,231 | |||||
Accrued discount/(premium) | 93 | 93 | - | - | - | - | |||||
Realized gain (loss) | (11,958) | (11,500) | - | (458) | - | - | |||||
Change in unrealized appreciation (depreciation)(a) | 2,400 | 3,593 | - | (4,900) | 1,556 | 2,151 | |||||
Purchases | 44,844 | 20,571 | 11,673 | 12,563 | 37 | - | |||||
Sales | (12,228) | (12,228) (b) | - | - | - | - | |||||
Transfers into Level 3(c) | 1,044 | 1,037 | - | 7 | - | - | |||||
Transfers from Level 3(c) | (73) | - | - | - | (73) | - | |||||
Balance as of June 30, 2021 | $ 45,580 | $ 5,046 (d) | $ 11,673 | $ 8,943 (d) | $ 1,536 (d) | $ 18,382 (d) |
Investments in Securities – Assets | Ending Balance at June 30, 2021 | Valuation Technique Used | Unobservable Inputs | Input Values | ||||
Preferred Stocks: | ||||||||
LiveStyle, Inc. Series A | $ 1,247 | Market and Company Comparables | EV Multiples | 3.33x (0.35x - 12.87x) | ||||
Illiquidity Discount | (30% - 85%) | |||||||
LiveStyle, Inc. Series B | 17,135 | Market and Company Comparables | EV Multiples | 3.33x (0.35x - 12.87x) | ||||
Illiquidity Discount | (30% - 85%) | |||||||
Common Stocks: | ||||||||
CCF Holdings LLC | $ 6,699 | Market and Company Comparables | EV Multiples | 1.11x (0.39x - 2.07x) | ||||
4.48x (2.77x - 6.16x) | ||||||||
0.57x (0.24x - 0.86x) | ||||||||
Illiquidity Discount | 20% | |||||||
CENVEO Corp. | $ 109 | Market and Company Comparables | EV Multiples | 0.63x (0.36x - 1.18x) | ||||
5.01x (4.01x - 6.27x) | ||||||||
0.67x (0.56x - 0.87x) | ||||||||
Illiquidity Discount | 20% | |||||||
Erickson, Inc. | $ 313 | Market and Company Comparables | EV Multiples | 1.32x (0.74x - 2.35x) | ||||
12.08x (7.08x - 47.06x) | ||||||||
1.01x (0.57x - 1.41x) | ||||||||
M&A Transaction Multiples Illiquidity Discount | 0.96x (0.41x - 1.96x) 20% | |||||||
LiveStyle, Inc | $ — | Market and Company Comparables | EV Multiples | 3.33x (0.35x - 12.87x) | ||||
Illiquidity Discount | (30% - 85%) | |||||||
Postmedia Network Canada Corp. | $ 1,742 | Market and Company Comparables | EV Multiples | 0.90x (0.46x - 3.69x) |
Investments in Securities – Assets | Ending Balance at June 30, 2021 | Valuation Technique Used | Unobservable Inputs | Input Values | ||||
5.12x (4.39x - 24.12x) | ||||||||
M&A Transaction Multiples | 8.52x (6.65x - 10.11x) | |||||||
Illiquidity Discount | 10% | |||||||
Quiksilver, Inc. | $ 73 | Market and Company Comparables | EV Multiples | 1.04x (0.56x - 1.71x) | ||||
1.01x (0.65x - 2.13x) | ||||||||
Illiquidity Discount | 25% | |||||||
Warrants: | ||||||||
CCF Holdings LLC | $ 1,427 | Market and Company Comparables | EV Multiples | 1.11x (0.39x - 2.59x) | ||||
4.48x (2.77x - 9.50x) | ||||||||
0.57x (0.24x - 1.12x) | ||||||||
Illiquidity Discount | 20% | |||||||
Black-Scholes Model | Volatility | 56% | ||||||
LiveStyle, Inc. Series C | $ — | Market and Company Comparables | EV Multiples Illiquidity Discount | 3.33x (0.35x - 12.87x) (30% - 85%) | ||||
June 30, 2021
Shares | Value | ||
Common Stocks—99.4% | |||
Aerospace & Defense—1.2% | |||
TransDigm Group, Inc.(1) | 8,800 | $ 5,696 | |
Air Freight & Logistics—1.9% | |||
XPO Logistics, Inc.(1) | 67,816 | 9,487 | |
Automobiles—1.0% | |||
General Motors Co.(1) | 87,390 | 5,171 | |
Banks—2.3% | |||
First Republic Bank | 60,105 | 11,250 | |
Biotechnology—3.4% | |||
Horizon Therapeutics plc(1) | 89,249 | 8,357 | |
Moderna, Inc.(1) | 35,486 | 8,339 | |
16,696 | |||
Building Products—1.1% | |||
Johnson Controls International plc | 76,030 | 5,218 | |
Capital Markets—0.7% | |||
MarketAxess Holdings, Inc. | 7,860 | 3,644 | |
Chemicals—2.8% | |||
Chemours Co. (The) | 264,320 | 9,198 | |
Olin Corp. | 98,235 | 4,545 | |
13,743 | |||
Commercial Services & Supplies—1.4% | |||
Waste Management, Inc. | 49,805 | 6,978 | |
Construction & Engineering—0.9% | |||
Quanta Services, Inc. | 49,420 | 4,476 | |
Containers & Packaging—2.3% | |||
Crown Holdings, Inc. | 45,420 | 4,642 | |
International Paper Co. | 111,330 | 6,826 | |
11,468 | |||
Distributors—1.5% | |||
Pool Corp. | 16,010 | 7,343 | |
Electrical Equipment—4.1% | |||
AMETEK, Inc. | 43,107 | 5,755 | |
Generac Holdings, Inc.(1) | 24,884 | 10,330 | |
Plug Power, Inc.(1) | 124,090 | 4,243 | |
20,328 | |||
Electronic Equipment, Instruments & Components—5.8% | |||
IPG Photonics Corp.(1) | 31,035 | 6,541 | |
Keysight Technologies, Inc.(1) | 50,100 | 7,736 | |
TE Connectivity Ltd. | 54,006 | 7,302 |
Shares | Value | ||
Electronic Equipment, Instruments & Components—continued | |||
Trimble, Inc.(1) | 81,652 | $ 6,682 | |
28,261 | |||
Energy Equipment & Services—0.9% | |||
Baker Hughes Co. | 193,037 | 4,415 | |
Entertainment—3.4% | |||
Roku, Inc. Class A (1) | 14,240 | 6,540 | |
Take-Two Interactive Software, Inc.(1) | 25,503 | 4,514 | |
Zynga, Inc. Class A(1) | 516,199 | 5,487 | |
16,541 | |||
Food Products—2.0% | |||
Freshpet, Inc.(1) | 59,875 | 9,757 | |
Healthcare Equipment & Supplies—10.6% | |||
Align Technology, Inc.(1) | 13,475 | 8,233 | |
Cooper Cos., Inc. (The) | 15,200 | 6,023 | |
Dexcom, Inc.(1) | 24,090 | 10,287 | |
IDEXX Laboratories, Inc.(1) | 18,915 | 11,946 | |
Insulet Corp.(1) | 25,678 | 7,049 | |
Teleflex, Inc. | 20,713 | 8,322 | |
51,860 | |||
Healthcare Providers & Services—1.7% | |||
Tenet Healthcare Corp.(1) | 121,870 | 8,164 | |
Hotels, Restaurants & Leisure—3.2% | |||
Expedia Group, Inc.(1) | 62,640 | 10,255 | |
Wingstop, Inc. | 35,476 | 5,592 | |
15,847 | |||
Household Durables—1.0% | |||
DR Horton, Inc. | 54,245 | 4,902 | |
Internet & Direct Marketing Retail—1.7% | |||
Fiverr International Ltd.(1) | 34,306 | 8,319 | |
IT Services—9.1% | |||
EPAM Systems, Inc.(1) | 26,008 | 13,289 | |
Shift4 Payments, Inc. Class A (1) | 71,430 | 6,694 | |
Snowflake, Inc. Class A(1) | 26,346 | 6,370 | |
Square, Inc. Class A(1) | 36,935 | 9,005 | |
Twilio, Inc. Class A(1) | 22,937 | 9,041 | |
44,399 | |||
Leisure Products—1.6% | |||
YETI Holdings, Inc.(1) | 83,071 | 7,627 |
Shares | Value | ||
Life Sciences Tools & Services—3.2% | |||
10X Genomics, Inc. Class A(1) | 20,225 | $ 3,960 | |
Avantor, Inc.(1) | 329,229 | 11,691 | |
15,651 | |||
Machinery—1.6% | |||
Kornit Digital Ltd.(1) | 63,610 | 7,909 | |
Oil, Gas & Consumable Fuels—2.3% | |||
Diamondback Energy, Inc. | 43,724 | 4,105 | |
Valero Energy Corp. | 90,921 | 7,099 | |
11,204 | |||
Pharmaceuticals—1.2% | |||
Catalent, Inc.(1) | 52,467 | 5,673 | |
Professional Services—1.4% | |||
Leidos Holdings, Inc. | 66,485 | 6,722 | |
Semiconductors & Semiconductor Equipment—8.7% | |||
Analog Devices, Inc. | 28,360 | 4,883 | |
Enphase Energy, Inc.(1) | 42,527 | 7,809 | |
Entegris, Inc. | 68,581 | 8,433 | |
Lam Research Corp. | 11,130 | 7,242 | |
Marvell Technology, Inc. | 99,735 | 5,818 | |
Monolithic Power Systems, Inc. | 22,069 | 8,242 | |
42,427 | |||
Software—11.4% | |||
Coupa Software, Inc.(1) | 29,837 | 7,821 | |
HubSpot, Inc.(1) | 17,795 | 10,369 | |
Paycom Software, Inc.(1) | 16,791 | 6,103 | |
RingCentral, Inc. Class A(1) | 25,512 | 7,413 | |
Trade Desk, Inc. (The) Class A(1) | 98,670 | 7,633 | |
Varonis Systems, Inc.(1) | 114,815 | 6,616 | |
Zscaler, Inc.(1) | 45,450 | 9,820 | |
55,775 | |||
Specialty Retail—1.4% | |||
Floor & Decor Holdings, Inc. Class A(1) | 62,930 | 6,652 | |
Textiles, Apparel & Luxury Goods—1.4% | |||
Lululemon Athletica, Inc.(1) | 19,405 | 7,082 |
Shares | Value | ||
Trading Companies & Distributors—1.2% | |||
United Rentals, Inc.(1) | 17,794 | $ 5,676 | |
Total Common Stocks (Identified Cost $332,923) | 486,361 | ||
Total Long-Term Investments—99.4% (Identified Cost $332,923) | 486,361 | ||
Shares | Value | ||
Short-Term Investment—0.2% | |||
Money Market Mutual Fund—0.2% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 791,484 | $ 792 | |
Total Short-Term Investment (Identified Cost $792) | 792 | ||
TOTAL INVESTMENTS—99.6% (Identified Cost $333,715) | $487,153 | ||
Other assets and liabilities, net—0.4% | 1,875 | ||
NET ASSETS—100.0% | $489,028 |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 91% |
Israel | 4 |
Ireland | 3 |
Switzerland | 2 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $486,361 | $486,361 | |
Money Market Mutual Fund | 792 | 792 | |
Total Investments | $487,153 | $487,153 |
June 30, 2021
Shares | Value | ||
Common Stocks—97.9% | |||
Aerospace & Defense—0.5% | |||
Axon Enterprise, Inc.(1) | 3,248 | $ 574 | |
HEICO Corp. | 2,302 | 321 | |
895 | |||
Auto Components—0.6% | |||
LCI Industries | 2,158 | 284 | |
Visteon Corp.(1) | 6,417 | 776 | |
1,060 | |||
Banks—5.0% | |||
Banc of California, Inc. | 28,779 | 505 | |
Bank of Hawaii Corp. | 5,936 | 500 | |
Central Pacific Financial Corp. | 11,696 | 305 | |
First Financial Bankshares, Inc. | 8,033 | 395 | |
First Foundation, Inc. | 2,852 | 64 | |
Glacier Bancorp, Inc. | 6,189 | 341 | |
Hancock Whitney Corp. | 17,884 | 795 | |
Hilltop Holdings, Inc. | 12,146 | 442 | |
Hope Bancorp, Inc. | 38,418 | 545 | |
Investors Bancorp, Inc. | 38,662 | 551 | |
PacWest Bancorp | 20,700 | 852 | |
Pinnacle Financial Partners, Inc. | 4,727 | 417 | |
Preferred Bank | 835 | 53 | |
Sandy Spring Bancorp, Inc. | 23,743 | 1,048 | |
South State Corp. | 5,177 | 423 | |
Texas Capital Bancshares, Inc.(1) | 6,200 | 393 | |
TriState Capital Holdings, Inc.(1) | 1,677 | 34 | |
United Bankshares, Inc. | 7,075 | 258 | |
Valley National Bancorp | 30,361 | 408 | |
8,329 | |||
Beverages—1.0% | |||
Boston Beer Co., Inc. (The) Class A(1) | 60 | 61 | |
Celsius Holdings, Inc.(1) | 1,501 | 114 | |
Coca-Cola Consolidated, Inc. | 3,528 | 1,419 | |
1,594 | |||
Biotechnology—6.4% | |||
Adverum Biotechnologies, Inc.(1) | 34,296 | 120 | |
Allakos, Inc.(1) | 1,861 | 159 | |
Arcturus Therapeutics Holdings, Inc.(1) | 673 | 23 | |
Arena Pharmaceuticals, Inc.(1) | 3,126 | 213 | |
Arrowhead Pharmaceuticals, Inc.(1) | 3,640 | 301 | |
Avita Medical, Inc.(1) | 3,954 | 81 | |
Avrobio, Inc.(1) | 854 | 8 |
Shares | Value | ||
Biotechnology—continued | |||
BioCryst Pharmaceuticals, Inc.(1) | 5,368 | $ 85 | |
Biohaven Pharmaceutical Holding Co. Ltd.(1) | 3,675 | 357 | |
Blueprint Medicines Corp.(1) | 10,384 | 913 | |
ChemoCentryx, Inc.(1) | 8,144 | 109 | |
Cytokinetics, Inc.(1) | 1,093 | 22 | |
Deciphera Pharmaceuticals, Inc.(1) | 9,123 | 334 | |
Dicerna Pharmaceuticals, Inc.(1) | 1,809 | 67 | |
Dynavax Technologies Corp.(1) | 2,873 | 28 | |
Eagle Pharmaceuticals, Inc.(1) | 4,415 | 189 | |
Fate Therapeutics, Inc.(1) | 2,686 | 233 | |
Halozyme Therapeutics, Inc.(1) | 4,762 | 216 | |
Homology Medicines, Inc.(1) | 1,105 | 8 | |
Horizon Therapeutics plc(1) | 4,209 | 394 | |
Inovio Pharmaceuticals, Inc.(1) | 3,237 | 30 | |
Intellia Therapeutics, Inc.(1) | 6,670 | 1,080 | |
Invitae Corp.(1) | 1,697 | 57 | |
Iovance Biotherapeutics, Inc.(1) | 4,500 | 117 | |
Kadmon Holdings, Inc.(1) | 6,305 | 24 | |
Karuna Therapeutics, Inc.(1) | 238 | 27 | |
Karyopharm Therapeutics, Inc.(1) | 1,999 | 21 | |
Kindred Biosciences, Inc.(1) | 2,958 | 27 | |
Kodiak Sciences, Inc.(1) | 1,910 | 178 | |
Krystal Biotech, Inc.(1) | 429 | 29 | |
Kura Oncology, Inc.(1) | 1,561 | 33 | |
MannKind Corp.(1) | 8,052 | 44 | |
MeiraGTx Holdings plc(1) | 810 | 13 | |
Mersana Therapeutics, Inc.(1) | 24,583 | 334 | |
Mirati Therapeutics, Inc.(1) | 688 | 111 | |
Natera, Inc.(1) | 9,388 | 1,066 | |
Novavax, Inc.(1) | 2,913 | 618 | |
Precision BioSciences, Inc.(1) | 1,326 | 17 | |
Rocket Pharmaceuticals, Inc.(1) | 2,700 | 120 | |
Seres Therapeutics, Inc.(1) | 1,228 | 29 | |
Sorrento Therapeutics, Inc.(1) | 6,171 | 60 |
Shares | Value | ||
Biotechnology—continued | |||
SpringWorks Therapeutics, Inc.(1) | 2,629 | $ 217 | |
Stemline Therapeutics(2) | 2,004 | — | |
TG Therapeutics, Inc.(1) | 20,653 | 801 | |
Translate Bio, Inc.(1) | 4,332 | 119 | |
Turning Point Therapeutics, Inc.(1) | 5,496 | 429 | |
Twist Bioscience Corp.(1) | 991 | 132 | |
Ultragenyx Pharmaceutical, Inc.(1) | 1,407 | 134 | |
United Therapeutics Corp.(1) | 1,719 | 308 | |
Vanda Pharmaceuticals, Inc.(1) | 1,622 | 35 | |
Veracyte, Inc.(1) | 1,731 | 69 | |
Vericel Corp.(1) | 2,410 | 127 | |
Viking Therapeutics, Inc.(1) | 2,531 | 15 | |
Voyager Therapeutics, Inc.(1) | 1,133 | 5 | |
Xencor, Inc.(1) | 9,609 | 331 | |
Y-mAbs Therapeutics, Inc.(1) | 712 | 24 | |
ZIOPHARM Oncology, Inc.(1) | 6,344 | 17 | |
10,658 | |||
Building Products—1.0% | |||
Builders FirstSource, Inc.(1) | 23,467 | 1,001 | |
CSW Industrials, Inc. | 476 | 56 | |
Masonite International Corp.(1) | 4,909 | 549 | |
PGT Innovations, Inc.(1) | 1,924 | 45 | |
1,651 | |||
Capital Markets—3.3% | |||
Artisan Partners Asset Management, Inc. Class A | 11,060 | 562 | |
Barings BDC, Inc. | 27,326 | 289 | |
Evercore, Inc. Class A | 8,364 | 1,177 | |
Freedom Holding Corp. NV(1) | 5,621 | 366 | |
Golub Capital BDC, Inc. | 20,370 | 314 | |
Hercules Capital, Inc. | 23,873 | 407 | |
LPL Financial Holdings, Inc. | 3,791 | 512 | |
Main Street Capital Corp. | 6,668 | 274 | |
Moelis & Co. Class A | 16,798 | 956 | |
PJT Partners, Inc. Class A | 9,711 | 693 | |
5,550 | |||
Chemicals—2.5% | |||
Balchem Corp. | 2,167 | 284 | |
Chemours Co. (The) | 15,983 | 556 | |
HB Fuller Co. | 24,664 | 1,569 | |
Sensient Technologies Corp. | 5,978 | 518 |
Shares | Value | ||
Chemicals—continued | |||
Trinseo SA | 20,758 | $1,242 | |
4,169 | |||
Commercial Services & Supplies—1.5% | |||
Clean Harbors, Inc.(1) | 6,898 | 642 | |
Herman Miller, Inc. | 25,406 | 1,198 | |
MSA Safety, Inc. | 2,178 | 361 | |
Tetra Tech, Inc. | 2,068 | 252 | |
2,453 | |||
Communications Equipment—0.5% | |||
Calix, Inc.(1) | 17,671 | 839 | |
Construction & Engineering—1.4% | |||
API Group Corp.(1) | 32,548 | 680 | |
Construction Partners, Inc. Class A(1) | 2,252 | 71 | |
EMCOR Group, Inc. | 4,666 | 575 | |
MasTec, Inc.(1) | 8,160 | 866 | |
NV5 Global, Inc.(1) | 1,168 | 110 | |
Sterling Construction Co., Inc.(1) | 3,467 | 83 | |
2,385 | |||
Construction Materials—0.5% | |||
Summit Materials, Inc. Class A(1) | 20,104 | 701 | |
US Concrete, Inc.(1) | 753 | 55 | |
756 | |||
Containers & Packaging—0.8% | |||
Graphic Packaging Holding Co. | 33,066 | 600 | |
Silgan Holdings, Inc. | 17,102 | 710 | |
1,310 | |||
Diversified Consumer Services—0.7% | |||
Aspen Group, Inc.(1) | 3,747 | 25 | |
Bright Horizons Family Solutions, Inc.(1) | 2,734 | 402 | |
Carriage Services, Inc. | 10,154 | 375 | |
Grand Canyon Education, Inc.(1) | 3,911 | 352 | |
1,154 | |||
Diversified Telecommunication Services—0.2% | |||
Bandwidth, Inc. Class A(1) | 876 | 121 | |
Cogent Communications Holdings, Inc. | 3,259 | 250 | |
371 | |||
Electric Utilities—2.1% | |||
ALLETE, Inc. | 3,970 | 278 | |
Hawaiian Electric Industries, Inc. | 13,903 | 588 | |
IDACORP, Inc. | 7,348 | 716 | |
Otter Tail Corp. | 14,877 | 726 | |
PNM Resources, Inc. | 14,676 | 716 |
Shares | Value | ||
Electric Utilities—continued | |||
Portland General Electric Co. | 10,729 | $ 494 | |
3,518 | |||
Electrical Equipment—0.8% | |||
Allied Motion Technologies, Inc. | 1,303 | 45 | |
FuelCell Energy, Inc.(1) | 2,772 | 25 | |
Generac Holdings, Inc.(1) | 2,143 | 890 | |
Plug Power, Inc.(1) | 9,169 | 313 | |
Sunrun, Inc.(1) | 853 | 47 | |
1,320 | |||
Electronic Equipment, Instruments & Components—3.1% | |||
FARO Technologies, Inc.(1) | 557 | 43 | |
II-VI, Inc.(1) | 11,215 | 814 | |
Insight Enterprises, Inc.(1) | 12,800 | 1,280 | |
Napco Security Technologies, Inc.(1) | 2,185 | 80 | |
nLIGHT, Inc.(1) | 16,549 | 600 | |
OSI Systems, Inc.(1) | 5,061 | 514 | |
Sanmina Corp.(1) | 22,060 | 860 | |
Vishay Intertechnology, Inc. | 39,774 | 897 | |
5,088 | |||
Energy Equipment & Services—0.7% | |||
ChampionX Corp.(1) | 12,891 | 331 | |
DMC Global, Inc.(1) | 321 | 18 | |
Liberty Oilfield Services, Inc. Class A(1) | 58,765 | 832 | |
1,181 | |||
Entertainment—1.4% | |||
Cinemark Holdings, Inc.(1) | 28,933 | 635 | |
Liberty Media Corp-Liberty Formula One Class A(1) | 9,103 | 388 | |
Madison Square Garden Sports Corp. Class A(1) | 3,157 | 545 | |
Zynga, Inc. Class A(1) | 66,959 | 712 | |
2,280 | |||
Equity Real Estate Investment—1.7% | |||
CareTrust REIT, Inc. | 8,992 | 209 | |
Industrial Logistics Properties Trust | 27,677 | 723 | |
Innovative Industrial Properties, Inc. | 397 | 76 | |
Kilroy Realty Corp. | 11,088 | 772 | |
Physicians Realty Trust | 23,782 | 439 | |
Piedmont Office Realty Trust, Inc. Class A | 35,273 | 652 | |
2,871 | |||
Shares | Value | ||
Food & Staples Retailing—1.2% | |||
Casey’s General Stores, Inc. | 2,677 | $ 521 | |
Grocery Outlet Holding Corp.(1) | 2,280 | 79 | |
Ingles Markets, Inc. Class A | 4,826 | 281 | |
PriceSmart, Inc. | 3,977 | 362 | |
Sprouts Farmers Market, Inc.(1) | 19,585 | 487 | |
Weis Markets, Inc. | 5,073 | 262 | |
1,992 | |||
Food Products—4.1% | |||
Calavo Growers, Inc. | 2,133 | 135 | |
Cal-Maine Foods, Inc. | 15,088 | 546 | |
Flowers Foods, Inc. | 28,344 | 686 | |
Freshpet, Inc.(1) | 4,162 | 678 | |
Hain Celestial Group, Inc. (The)(1) | 14,733 | 591 | |
Hostess Brands, Inc.(1) | 41,381 | 670 | |
J&J Snack Foods Corp. | 4,010 | 700 | |
John B Sanfilippo & Son, Inc. | 8,386 | 743 | |
Lancaster Colony Corp. | 3,792 | 734 | |
S&W Seed Co.(1) | 106,580 | 388 | |
Sanderson Farms, Inc. | 2,013 | 378 | |
SunOpta, Inc.(1) | 42,876 | 525 | |
Tootsie Roll Industries, Inc. | 3,822 | 130 | |
6,904 | |||
Gas Utilities—0.1% | |||
ONE Gas, Inc. | 3,031 | 225 | |
Health Care Technology—0.8% | |||
Health Catalyst, Inc.(1) | 13,445 | 746 | |
Omnicell, Inc.(1) | 3,541 | 536 | |
Simulations Plus, Inc. | 397 | 22 | |
Vocera Communications, Inc.(1) | 1,455 | 58 | |
1,362 | |||
Healthcare Equipment & Supplies—5.3% | |||
Axogen, Inc.(1) | 1,940 | 42 | |
Axonics, Inc.(1) | 10,541 | 668 | |
BioLife Solutions, Inc.(1) | 2,830 | 126 | |
Cerus Corp.(1) | 7,773 | 46 | |
CONMED Corp. | 14,502 | 1,993 | |
CryoLife, Inc.(1) | 1,112 | 32 | |
CryoPort, Inc.(1) | 3,260 | 206 | |
Establishment Labs Holdings, Inc.(1) | 7,995 | 698 | |
Globus Medical, Inc. Class A(1) | 10,304 | 799 | |
Inari Medical, Inc.(1) | 5,792 | 540 | |
Integer Holdings Corp.(1) | 10,000 | 942 | |
Itamar Medical Ltd. ADR Sponsored ADR(1) | 8,822 | 208 |
Shares | Value | ||
Healthcare Equipment & Supplies—continued | |||
Lantheus Holdings, Inc.(1) | 1,513 | $ 42 | |
Mesa Laboratories, Inc. | 226 | 61 | |
OrthoPediatrics Corp.(1) | 1,528 | 96 | |
Shockwave Medical, Inc.(1) | 2,518 | 478 | |
SI-BONE, Inc.(1) | 14,894 | 469 | |
Surmodics, Inc.(1) | 968 | 52 | |
West Pharmaceutical Services, Inc. | 3,678 | 1,321 | |
8,819 | |||
Healthcare Providers & Services—4.1% | |||
Addus HomeCare Corp.(1) | 780 | 68 | |
Castle Biosciences, Inc.(1) | 780 | 57 | |
Chemed Corp. | 1,293 | 614 | |
Encompass Health Corp. | 4,886 | 381 | |
Ensign Group, Inc. (The) | 15,311 | 1,327 | |
Guardant Health, Inc.(1) | 1,214 | 151 | |
Joint Corp. (The)(1) | 3,150 | 264 | |
LHC Group, Inc.(1) | 1,588 | 318 | |
ModivCare, Inc.(1) | 504 | 86 | |
Ontrak, Inc.(1) | 1,676 | 55 | |
R1 RCM, Inc.(1) | 24,433 | 543 | |
RadNet, Inc.(1) | 3,157 | 106 | |
Select Medical Holdings Corp. | 17,549 | 742 | |
Tenet Healthcare Corp.(1) | 30,992 | 2,076 | |
6,788 | |||
Hotels, Restaurants & Leisure—2.6% | |||
Boyd Gaming Corp.(1) | 11,537 | 709 | |
Churchill Downs, Inc. | 2,464 | 488 | |
Kura Sushi USA, Inc. Class A(1) | 2,020 | 77 | |
Lindblad Expeditions Holdings, Inc.(1) | 39,776 | 637 | |
Planet Fitness, Inc. Class A(1) | 9,292 | 699 | |
Red Rock Resorts, Inc. Class A(1) | 41,732 | 1,774 | |
4,384 | |||
Household Durables—0.6% | |||
La-Z-Boy, Inc. | 9,078 | 336 | |
Lennar Corp. Class B | 7,115 | 580 | |
LGI Homes, Inc.(1) | 663 | 107 | |
1,023 | |||
Household Products—0.2% | |||
WD-40 Co. | 1,554 | 398 |
Shares | Value | ||
Independent Power Producers & Energy Traders—0.2% | |||
Brookfield Renewable Corp. Class A | 6,676 | $ 280 | |
Insurance—1.3% | |||
AMERISAFE, Inc. | 6,416 | 383 | |
Donegal Group, Inc. Class A | 17,973 | 262 | |
Employers Holdings, Inc. | 2,090 | 89 | |
Enstar Group Ltd.(1) | 647 | 155 | |
Kemper Corp. | 5,873 | 434 | |
NI Holdings, Inc.(1) | 4,074 | 77 | |
Palomar Holdings, Inc.(1) | 612 | 46 | |
RLI Corp. | 4,576 | 479 | |
Safety Insurance Group, Inc. | 2,511 | 197 | |
2,122 | |||
Interactive Media & Services—0.1% | |||
EverQuote, Inc. Class A(1) | 1,106 | 36 | |
QuinStreet, Inc.(1) | 3,411 | 64 | |
100 | |||
Internet & Direct Marketing Retail—0.1% | |||
Overstock.com, Inc.(1) | 1,027 | 95 | |
IT Services—1.0% | |||
Brightcove, Inc.(1) | 5,036 | 72 | |
Hackett Group, Inc. (The) | 2,443 | 44 | |
Limelight Networks, Inc.(1) | 4,661 | 15 | |
Paysign, Inc.(1) | 3,142 | 10 | |
Perficient, Inc.(1) | 10,791 | 868 | |
Repay Holdings Corp.(1) | 8,663 | 208 | |
Shift4 Payments, Inc. Class A (1) | 5,585 | 524 | |
1,741 | |||
Leisure Products—1.7% | |||
Acushnet Holdings Corp. | 9,384 | 464 | |
Malibu Boats, Inc. Class A(1) | 6,594 | 483 | |
YETI Holdings, Inc.(1) | 19,954 | 1,832 | |
2,779 | |||
Life Sciences Tools & Services—1.6% | |||
Adaptive Biotechnologies Corp.(1) | 3,640 | 149 | |
Charles River Laboratories International, Inc.(1) | 2,999 | 1,110 | |
Codexis, Inc.(1) | 2,114 | 48 |
Shares | Value | ||
Life Sciences Tools & Services—continued | |||
Medpace Holdings, Inc.(1) | 2,612 | $ 461 | |
NanoString Technologies, Inc.(1) | 6,561 | 425 | |
NeoGenomics, Inc.(1) | 8,970 | 405 | |
Quanterix Corp.(1) | 2,402 | 141 | |
2,739 | |||
Machinery—2.4% | |||
Columbus McKinnon Corp. | 1,040 | 50 | |
Douglas Dynamics, Inc. | 791 | 32 | |
ITT, Inc. | 6,741 | 618 | |
Kadant, Inc. | 535 | 94 | |
Lindsay Corp. | 5,548 | 917 | |
Shyft Group, Inc. (The) | 2,335 | 87 | |
SPX Corp.(1) | 12,156 | 743 | |
Terex Corp. | 29,044 | 1,383 | |
3,924 | |||
Marine—0.7% | |||
Matson, Inc. | 18,507 | 1,185 | |
Media—1.2% | |||
Cable One, Inc. | 332 | 635 | |
Cardlytics, Inc.(1) | 810 | 103 | |
Liberty Broadband Corp. Class A(1) | 4,627 | 778 | |
Magnite, Inc.(1) | 6,195 | 210 | |
TechTarget, Inc.(1) | 2,459 | 190 | |
1,916 | |||
Metals & Mining—0.4% | |||
Hecla Mining Co. | 43,564 | 324 | |
Southern Copper Corp. | 6,163 | 397 | |
721 | |||
Mortgage Real Estate Investment Trusts (REITs)—0.6% | |||
AG Mortgage Investment Trust, Inc. | 72,815 | 311 | |
Arbor Realty Trust, Inc. | 37,101 | 661 | |
972 | |||
Multiline Retail—0.9% | |||
Big Lots, Inc. | 8,945 | 590 | |
Macy’s, Inc.(1) | 51,200 | 971 | |
1,561 | |||
Multi-Utilities—0.7% | |||
Avista Corp. | 6,569 | 280 | |
Black Hills Corp. | 9,629 | 632 | |
Unitil Corp. | 4,336 | 230 | |
1,142 | |||
Shares | Value | ||
Oil, Gas & Consumable Fuels—3.2% | |||
Cimarex Energy Co. | 16,137 | $1,169 | |
Clean Energy Fuels Corp.(1) | 40,909 | 415 | |
Diamondback Energy, Inc. | 5,129 | 482 | |
Hess Midstream LP Class A | 18,675 | 472 | |
Magnolia Oil & Gas Corp. Class A(1) | 67,900 | 1,061 | |
Ovintiv, Inc. | 39,700 | 1,249 | |
Penn Virginia Corp.(1) | 22,301 | 527 | |
5,375 | |||
Paper & Forest Products—0.5% | |||
Louisiana-Pacific Corp. | 13,615 | 821 | |
Personal Products—1.4% | |||
BellRing Brands, Inc. Class A(1) | 29,257 | 917 | |
Medifast, Inc. | 1,990 | 563 | |
Nu Skin Enterprises, Inc. Class A | 6,101 | 346 | |
USANA Health Sciences, Inc.(1) | 4,593 | 470 | |
2,296 | |||
Pharmaceuticals—1.6% | |||
Alpha Teknova, Inc.(1) | 16,615 | 394 | |
Amphastar Pharmaceuticals, Inc.(1) | 1,922 | 39 | |
ANI Pharmaceuticals, Inc.(1) | 713 | 25 | |
Antares Pharma, Inc.(1) | 11,726 | 51 | |
Arvinas, Inc.(1) | 174 | 13 | |
Axsome Therapeutics, Inc.(1) | 850 | 57 | |
Cara Therapeutics, Inc.(1) | 1,228 | 18 | |
Catalent, Inc.(1) | 10,492 | 1,134 | |
Collegium Pharmaceutical, Inc.(1) | 2,037 | 48 | |
Omeros Corp.(1) | 1,189 | 18 | |
Prestige Brands Holdings, Inc.(1) | 14,336 | 747 | |
Provention Bio, Inc.(1) | 1,363 | 12 | |
Revance Therapeutics, Inc.(1) | 1,425 | 42 | |
2,598 | |||
Professional Services—2.0% | |||
ASGN, Inc.(1) | 4,962 | 481 | |
CRA International, Inc. | 948 | 81 | |
Franklin Covey Co.(1) | 1,035 | 33 | |
Heidrick & Struggles International, Inc. | 17,000 | 757 | |
ICF International, Inc. | 9,510 | 836 | |
Kforce, Inc. | 725 | 46 |
Shares | Value | ||
Professional Services—continued | |||
ManTech International Corp. Class A | 9,632 | $ 834 | |
Science Applications International Corp. | 2,359 | 207 | |
3,275 | |||
Real Estate Management & Development—0.0% | |||
eXp World Holdings, Inc.(1) | 2,015 | 78 | |
Road & Rail—0.6% | |||
HyreCar, Inc.(1) | 20,515 | 429 | |
Saia, Inc.(1) | 2,928 | 614 | |
1,043 | |||
Semiconductors & Semiconductor Equipment—4.5% | |||
ACM Research, Inc. Class A(1) | 536 | 55 | |
Amkor Technology, Inc. | 46,800 | 1,108 | |
Axcelis Technologies, Inc.(1) | 1,791 | 72 | |
FormFactor, Inc.(1) | 1,706 | 62 | |
Ichor Holdings Ltd.(1) | 32,242 | 1,735 | |
Kulicke & Soffa Industries, Inc. | 20,963 | 1,283 | |
MACOM Technology Solutions Holdings, Inc.(1) | 13,564 | 869 | |
MaxLinear, Inc.(1) | 10,926 | 464 | |
Onto Innovation, Inc.(1) | 6,706 | 490 | |
SunPower Corp.(1) | 10,793 | 315 | |
Ultra Clean Holdings, Inc.(1) | 18,090 | 972 | |
7,425 | |||
Software—3.6% | |||
Agilysys, Inc.(1) | 2,026 | 115 | |
Aspen Technology, Inc.(1) | 2,690 | 370 | |
Box, Inc. Class A(1) | 38,232 | 977 | |
Cerence, Inc.(1) | 5,597 | 597 | |
Cornerstone OnDemand, Inc.(1) | 9,800 | 505 | |
Digital Turbine, Inc.(1) | 5,934 | 451 | |
Domo, Inc. Class B(1) | 1,261 | 102 | |
LivePerson, Inc.(1) | 8,280 | 524 | |
Model N, Inc.(1) | 1,679 | 58 | |
OneSpan, Inc.(1) | 557 | 14 | |
Paylocity Holding Corp.(1) | 2,389 | 456 | |
PROS Holdings, Inc.(1) | 444 | 20 | |
Riot Blockchain, Inc.(1) | 1,751 | 66 | |
Sapiens International Corp. NV | 2,211 | 58 | |
Smartsheet, Inc. Class A(1) | 4,394 | 318 | |
Tenable Holdings, Inc.(1) | 6,396 | 264 |
Shares | Value | ||
Software—continued | |||
Upland Software, Inc.(1) | 1,841 | $ 76 | |
Varonis Systems, Inc.(1) | 17,496 | 1,008 | |
Zix Corp.(1) | 6,775 | 48 | |
6,027 | |||
Specialty Retail—5.2% | |||
Asbury Automotive Group, Inc.(1) | 4,934 | 846 | |
Boot Barn Holdings, Inc.(1) | 1,187 | 100 | |
Camping World Holdings, Inc. Class A | 20,288 | 832 | |
Dick’s Sporting Goods, Inc. | 13,158 | 1,318 | |
Floor & Decor Holdings, Inc. Class A(1) | 4,876 | 515 | |
Genesco, Inc.(1) | 14,710 | 937 | |
GrowGeneration Corp.(1) | 16,338 | 786 | |
Hibbett, Inc.(1) | 16,570 | 1,485 | |
Lithia Motors, Inc. | 1,988 | 683 | |
Rent-A-Center, Inc. | 19,847 | 1,053 | |
TravelCenters of America, Inc.(1) | 6,033 | 176 | |
8,731 | |||
Textiles, Apparel & Luxury Goods—2.8% | |||
Capri Holdings Ltd.(1) | 14,157 | 810 | |
Crocs, Inc.(1) | 18,025 | 2,100 | |
Deckers Outdoor Corp.(1) | 1,362 | 523 | |
Oxford Industries, Inc. | 8,800 | 870 | |
PLBY Group, Inc.(1) | 7,362 | 286 | |
4,589 | |||
Thrifts & Mortgage Finance—1.3% | |||
Capitol Federal Financial, Inc. | 33,955 | 400 | |
Flagstar Bancorp, Inc. | 22,691 | 959 | |
Meridian Bancorp, Inc. | 2,434 | 50 | |
PCSB Financial Corp. | 3,912 | 71 | |
Premier Financial Corp. | 1,668 | 47 | |
Waterstone Financial, Inc. | 28,126 | 553 | |
2,080 | |||
Trading Companies & Distributors—2.4% | |||
Boise Cascade Co. | 13,364 | 780 | |
MSC Industrial Direct Co., Inc. Class A | 5,724 | 513 | |
Rush Enterprises, Inc. Class A | 31,400 | 1,358 | |
WESCO International, Inc.(1) | 12,537 | 1,289 | |
3,940 | |||
Shares | Value | ||
Water Utilities—1.2% | |||
American States Water Co. | 9,101 | $ 724 | |
California Water Service Group | 12,397 | 689 | |
Middlesex Water Co. | 476 | 39 | |
SJW Group | 8,331 | 527 | |
1,979 | |||
Total Common Stocks (Identified Cost $119,193) | 162,861 | ||
Master Limited Partnerships and Related Companies—0.3% | |||
Downstream/Other—0.3% | |||
Enviva Partners LP | 6,972 | 365 | |
Sunoco LP | 5,355 | 202 | |
567 | |||
Total Master Limited Partnerships and Related Companies (Identified Cost $394) | 567 | ||
Total Long-Term Investments—98.2% (Identified Cost $119,587) | 163,428 | ||
Shares | Value | ||
Short-Term Investment—2.2% | |||
Money Market Mutual Fund—2.2% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(3) | 3,619,292 | $ 3,619 | |
Total Short-Term Investment (Identified Cost $3,619) | 3,619 | ||
TOTAL INVESTMENTS—100.4% (Identified Cost $123,206) | $167,047 | ||
Other assets and liabilities, net—(0.4)% | (691) | ||
NET ASSETS—100.0% | $166,356 |
Abbreviations: | |
ADR | American Depositary Receipt |
LP | Limited Partnership |
REIT | Real Estate Investment Trust |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. |
(3) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | Level 3 Significant Unobservable Inputs | |||
Assets: | |||||
Equity Securities: | |||||
Common Stocks | $162,861 | $162,861 | $— (1) | ||
Master Limited Partnerships and Related Companies | 567 | 567 | — | ||
Money Market Mutual Fund | 3,619 | 3,619 | — | ||
Total Investments | $167,047 | $167,047 | $— (1) |
(1) | Includes internally fair valued securities currently priced at zero ($0). |
June 30, 2021
Shares | Value | ||
Common Stocks—94.1% | |||
Auto Components—1.2% | |||
Aptiv plc(1) | 95,195 | $ 14,977 | |
Magna International, Inc. | 165,155 | 15,300 | |
30,277 | |||
Automobiles—2.5% | |||
Ford Motor Co.(1) | 1,912,825 | 28,425 | |
General Motors Co.(1) | 586,335 | 34,693 | |
63,118 | |||
Communications Equipment—1.5% | |||
Cisco Systems, Inc. | 710,510 | 37,657 | |
Motorola Solutions, Inc. | 4,460 | 967 | |
38,624 | |||
Electrical Equipment—0.0% | |||
Bloom Energy Corp. Class A(1) | 24,075 | 647 | |
Electronic Equipment, Instruments & Components—1.5% | |||
Flex Ltd.(1) | 286,650 | 5,122 | |
Samsung SDI Co., Ltd. | 52,617 | 32,613 | |
37,735 | |||
Entertainment—0.0% | |||
Take-Two Interactive Software, Inc.(1) | 2,315 | 410 | |
Hotels, Restaurants & Leisure—3.1% | |||
Airbnb, Inc. Class A(1) | 374 | 57 | |
Booking Holdings, Inc.(1) | 14,895 | 32,592 | |
Expedia Group, Inc.(1) | 278,255 | 45,553 | |
78,202 | |||
Interactive Media & Services—15.5% | |||
Alphabet, Inc. Class C(1) | 79,510 | 199,277 | |
Facebook, Inc. Class A(1)(2) | 488,675 | 169,917 | |
Snap, Inc. Class A(1) | 338,390 | 23,058 | |
ZoomInfo Technologies, Inc. Class A(1) | 13,410 | 700 | |
392,952 | |||
Internet & Direct Marketing Retail—5.1% | |||
Amazon.com, Inc.(1) | 34,625 | 119,116 | |
Trip.com Group Ltd. ADR(1) | 287,520 | 10,195 | |
129,311 | |||
IT Services—14.6% | |||
DXC Technology Co.(1) | 792,640 | 30,865 | |
Fidelity National Information Services, Inc. | 11,590 | 1,642 | |
Global Payments, Inc. | 11,725 | 2,199 | |
Mastercard, Inc. Class A | 42,570 | 15,542 |
Shares | Value | ||
IT Services—continued | |||
MongoDB, Inc. Class A(1) | 187,115 | $ 67,646 | |
PayPal Holdings, Inc.(1) | 303,550 | 88,479 | |
Shopify, Inc. Class A(1) | 15,005 | 21,922 | |
Snowflake, Inc. Class A(1) | 57,359 | 13,869 | |
Square, Inc. Class A(1)(2) | 203,905 | 49,712 | |
Twilio, Inc. Class A(1)(2) | 195,245 | 76,958 | |
368,834 | |||
Road & Rail—1.1% | |||
Lyft, Inc. Class A(1) | 473,160 | 28,617 | |
Semiconductors & Semiconductor Equipment—18.3% | |||
Advanced Micro Devices, Inc.(1) | 50,880 | 4,779 | |
Advantest Corp. | 89,300 | 8,046 | |
Applied Materials, Inc. | 307,005 | 43,717 | |
Cree, Inc.(1) | 36,705 | 3,595 | |
Infineon Technologies AG | 16,670 | 668 | |
KLA Corp. | 13,800 | 4,474 | |
Lam Research Corp. | 133,470 | 86,849 | |
Micron Technology, Inc.(1)(2) | 1,067,045 | 90,677 | |
NVIDIA Corp. | 15,980 | 12,786 | |
NXP Semiconductors N.V. | 177,095 | 36,432 | |
ON Semiconductor Corp.(1) | 462,770 | 17,715 | |
Qorvo, Inc.(1) | 86,850 | 16,992 | |
SK Hynix, Inc. | 337,657 | 38,229 | |
Skyworks Solutions, Inc. | 77,785 | 14,915 | |
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR | 283,395 | 34,053 | |
Teradyne, Inc. | 151,000 | 20,228 | |
Tokyo Electron Ltd. | 70,300 | 30,425 | |
464,580 | |||
Software—21.4% | |||
Adobe, Inc.(1) | 31,985 | 18,732 | |
Alteryx, Inc. Class A(1) | 123,463 | 10,620 | |
Asana, Inc. Class A(1) | 1,078,385 | 66,892 | |
Cadence Design Systems, Inc.(1) | 3,590 | 491 | |
Crowdstrike Holdings, Inc. Class A(1) | 347,905 | 87,432 | |
Datadog, Inc. Class A(1) | 4,485 | 467 | |
DocuSign, Inc.(1) | 32,135 | 8,984 | |
HubSpot, Inc.(1) | 131,558 | 76,662 | |
Intuit, Inc. | 40,195 | 19,702 | |
Microsoft Corp.(2) | 297,985 | 80,724 | |
Palo Alto Networks, Inc.(1) | 40,660 | 15,087 | |
Paycom Software, Inc.(1) | 110,529 | 40,174 | |
salesforce.com, Inc.(1) | 80,210 | 19,593 | |
UiPath, Inc. Class A(1) | 76,069 | 5,167 | |
Varonis Systems, Inc.(1) | 230,535 | 13,284 |
Shares | Value | ||
Software—continued | |||
Zscaler, Inc.(1) | 356,095 | $ 76,938 | |
540,949 | |||
Technology Hardware, Storage & Peripherals—8.3% | |||
Apple, Inc.(2) | 605,425 | 82,919 | |
HP, Inc. | 129,595 | 3,912 | |
NetApp, Inc. | 14,265 | 1,167 | |
Samsung Electronics Co., Ltd. | 587,533 | 42,103 | |
Seagate Technology Holdings plc | 564,280 | 49,617 | |
Western Digital Corp.(1) | 429,520 | 30,569 | |
210,287 | |||
Total Common Stocks (Identified Cost $1,567,015) | 2,384,543 | ||
Purchased Options—0.6% | |||
(See open purchased options schedule) | |||
Total Purchased Options (Premiums paid $17,594) | 16,000 | ||
Total Long-Term Investments—94.7% (Identified Cost $1,584,609) | 2,400,543 | ||
Short-Term Investment—6.0% | |||
Money Market Mutual Fund—6.0% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(3) | 150,822,570 | 150,823 | |
Total Short-Term Investment (Identified Cost $150,823) | 150,823 | ||
TOTAL INVESTMENTS, BEFORE WRITTEN OPTIONS—100.7% (Identified Cost $1,735,432) | 2,551,366 | ||
Written Options—(0.4)% | |||
(See open written options schedule) | |||
Total Written Options (Premiums Received $15,061) | (10,042) | ||
TOTAL INVESTMENTS, NET OF WRITTEN OPTIONS—100.3% (Identified Cost $1,720,371) | $2,541,324 | ||
Other assets and liabilities, net—(0.3)% | (6,518) | ||
NET ASSETS—100.0% | $2,534,806 |
Abbreviation: | |
ADR | American Depositary Receipt |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | All or a portion of the security is segregated as collateral for written options. |
(3) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 86% |
South Korea | 6 |
Canada | 2 |
Netherlands | 2 |
Ireland | 2 |
Taiwan | 1 |
Japan | 1 |
Total | 100% |
† % of total investments, net of written options, as of June 30, 2021. |
Open Purchased Options Contracts as of June 30, 2021 were as follows: | |||||
Description of Options | Number of Contracts | Contract Notional Amount | Strike Price(1) | Expiration Date | Value |
Call Options(2) | |||||
Alphabet, Inc. | 322 | $86,940 | $2,700.00 | 06/17/22 | $ 5,780 |
Amazon.com, Inc. | 82 | 30,750 | 3,750.00 | 01/20/23 | 3,146 |
Amazon.com, Inc. | 164 | 57,400 | 3,500.00 | 06/17/22 | 6,006 |
Fidelity National Information Services, Inc. | 1,200 | 18,600 | 155.00 | 01/21/22 | 528 |
Fiserv, Inc. | 1,800 | 21,600 | 120.00 | 01/21/22 | 540 |
Total Purchased Options | $16,000 | ||||
Footnote Legend: | |||||
(1) Strike price not reported in thousands. | |||||
(2) Exchange-traded options |
Open Written Options Contracts as of June 30, 2021 were as follows: | |||||
Description of Options | Number of Contracts | Contract Notional Amount | Strike Price(1) | Expiration Date | Value |
Put Options(2) | |||||
Alphabet, Inc. | 140 | $29,400 | $2,100.00 | 06/17/22 | $ (1,400) |
Alphabet, Inc. | 182 | 40,040 | 2,200.00 | 06/17/22 | (2,368) |
Amazon.com, Inc. | 164 | 47,560 | 2,900.00 | 06/17/22 | (2,519) |
Amazon.com, Inc. | 82 | 25,912 | 3,160.00 | 01/20/23 | (2,762) |
Datadog, Inc. | 1,034 | 7,238 | 70.00 | 01/21/22 | (239) |
Fidelity National Information Services, Inc. | 1,200 | 14,400 | 120.00 | 01/21/22 | (360) |
Fiserv, Inc. | 1,800 | 16,200 | 90.00 | 01/21/22 | (394) |
Total Written Options | $(10,042) | ||||
Footnote Legend: | |||||
(1) Strike price not reported in thousands. | |||||
(2) Exchange-traded options |
Total Value at June 30, 2021 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | |||
Assets: | |||||
Equity Securities: | |||||
Common Stocks | $2,384,543 | $2,384,543 | $ — | ||
Money Market Mutual Fund | 150,823 | 150,823 | — | ||
Other Financial Instruments: | |||||
Purchased Options | 16,000 | 7,074 | 8,926 | ||
Total Investments, before Written Options | 2,551,366 | 2,542,440 | 8,926 | ||
Liabilities: | |||||
Other Financial Instruments: | |||||
Written Options | (10,042) | (2,728) | (7,314) | ||
Total Investments, Net of Written Options | $2,541,324 | $2,539,712 | $ 1,612 |
June 30, 2021
Shares | Value | ||
Common Stocks—99.5% | |||
Communication Services—3.4% | |||
Cogent Communications Holdings, Inc. | 190,062 | $ 14,614 | |
Comcast Corp. Class A | 152,928 | 8,720 | |
Verizon Communications, Inc. | 118,419 | 6,635 | |
29,969 | |||
Consumer Discretionary—7.5% | |||
Best Buy Co., Inc. | 68,212 | 7,843 | |
Dollar General Corp. | 37,654 | 8,148 | |
Home Depot, Inc. (The) | 107,688 | 34,340 | |
McDonald’s Corp. | 71,625 | 16,545 | |
66,876 | |||
Consumer Staples—2.8% | |||
Church & Dwight Co., Inc. | 41,742 | 3,558 | |
Procter & Gamble Co. (The) | 99,320 | 13,401 | |
Walmart, Inc. | 54,029 | 7,619 | |
24,578 | |||
Energy—5.1% | |||
EOG Resources, Inc. | 90,442 | 7,546 | |
LUKOIL PJSC Sponsored ADR | 211,077 | 19,419 | |
ONEOK, Inc. | 168,277 | 9,363 | |
Valero Energy Corp. | 117,712 | 9,191 | |
45,519 | |||
Financials—19.6% | |||
Allstate Corp. (The) | 236,361 | 30,831 | |
Bank of America Corp. | 393,359 | 16,218 | |
BlackRock, Inc. | 8,514 | 7,449 | |
Blackstone Group, Inc. (The) | 68,494 | 6,654 | |
Blackstone Mortgage Trust, Inc. Class A | 143,831 | 4,587 | |
Citigroup, Inc. | 238,229 | 16,855 | |
Fidelity National Financial, Inc. | 218,960 | 9,516 | |
JPMorgan Chase & Co. | 270,103 | 42,012 | |
Marsh & McLennan Cos., Inc. | 63,230 | 8,895 | |
Morgan Stanley | 72,717 | 6,667 | |
MSCI, Inc. Class A | 20,034 | 10,680 | |
S&P Global, Inc. | 35,654 | 14,634 | |
174,998 | |||
Shares | Value | ||
Health Care—13.6% | |||
Abbott Laboratories | 133,628 | $ 15,491 | |
AbbVie, Inc. | 110,625 | 12,461 | |
Agilent Technologies, Inc. | 68,507 | 10,126 | |
Anthem, Inc. | 31,147 | 11,892 | |
Chemed Corp. | 7,980 | 3,787 | |
Johnson & Johnson | 90,005 | 14,827 | |
Merck & Co., Inc. | 251,248 | 19,540 | |
Thermo Fisher Scientific, Inc. | 46,849 | 23,634 | |
UnitedHealth Group, Inc. | 23,722 | 9,499 | |
121,257 | |||
Industrials—15.0% | |||
Cintas Corp. | 18,895 | 7,218 | |
Dover Corp. | 67,339 | 10,141 | |
Honeywell International, Inc. | 81,925 | 17,970 | |
L3Harris Technologies, Inc. | 62,779 | 13,570 | |
Leidos Holdings, Inc. | 79,012 | 7,988 | |
Lockheed Martin Corp. | 88,051 | 33,314 | |
Norfolk Southern Corp. | 91,043 | 24,164 | |
Raytheon Technologies Corp. | 54,959 | 4,689 | |
TransUnion | 42,560 | 4,673 | |
Waste Management, Inc. | 67,703 | 9,486 | |
133,213 | |||
Information Technology—9.8% | |||
Apple, Inc. | 67,264 | 9,212 | |
Broadcom, Inc. | 55,548 | 26,488 | |
Cisco Systems, Inc. | 296,561 | 15,718 | |
Mastercard, Inc. Class A | 12,549 | 4,582 | |
Microsoft Corp. | 65,659 | 17,787 | |
Texas Instruments, Inc. | 71,884 | 13,823 | |
87,610 | |||
Materials—3.9% | |||
Celanese Corp. | 72,318 | 10,963 | |
Royal Gold, Inc. | 80,939 | 9,235 | |
Scotts Miracle-Gro Co. (The) | 45,753 | 8,781 | |
Southern Copper Corp. | 92,890 | 5,975 | |
34,954 | |||
Real Estate—11.4% | |||
Alexandria Real Estate Equities, Inc. | 42,823 | 7,791 | |
American Tower Corp. | 147,575 | 39,866 | |
CoreSite Realty Corp. | 174,015 | 23,422 |
Shares | Value | ||
Real Estate—continued | |||
Medical Properties Trust, Inc. | 397,894 | $ 7,998 | |
Prologis, Inc. | 104,525 | 12,494 | |
Sun Communities, Inc. | 56,384 | 9,664 | |
101,235 | |||
Utilities—7.4% | |||
Atmos Energy Corp. | 213,284 | 20,499 | |
DTE Energy Co. | 88,451 | 11,463 | |
NextEra Energy, Inc. | 329,456 | 24,143 | |
WEC Energy Group, Inc. | 114,660 | 10,199 | |
66,304 | |||
Total Common Stocks (Identified Cost $671,134) | 886,513 | ||
Total Long-Term Investments—99.5% (Identified Cost $671,134) | 886,513 | ||
Short-Term Investment—0.9% | |||
Money Market Mutual Fund—0.9% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(1) | 8,360,334 | 8,360 | |
Total Short-Term Investment (Identified Cost $8,360) | 8,360 | ||
TOTAL INVESTMENTS—100.4% (Identified Cost $679,494) | $894,873 | ||
Other assets and liabilities, net—(0.4)% | (3,447) | ||
NET ASSETS—100.0% | $891,426 |
Abbreviations: | |
ADR | American Depositary Receipt |
MSCI | Morgan Stanley Capital International |
PJSC | Public Joint Stock Company |
S&P | Standard & Poor’s |
Footnote Legend: | |
(1) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $886,513 | $886,513 | |
Money Market Mutual Fund | 8,360 | 8,360 | |
Total Investments | $894,873 | $894,873 |
June 30, 2021
Shares | Value | ||
Preferred Stock—3.7% | |||
South Korea—3.7% | |||
Samsung Electronics Co., Ltd. | 87,883 | $ 5,752 | |
Total Preferred Stock (Identified Cost $5,673) | 5,752 | ||
Common Stocks—93.7% | |||
Australia—1.8% | |||
JB Hi-Fi Ltd. | 53,767 | 2,039 | |
Macquarie Group Ltd. | 6,919 | 812 | |
2,851 | |||
Canada—3.7% | |||
Canadian National Railway Co. | 6,655 | 702 | |
Cogeco Communications, Inc. | 13,703 | 1,340 | |
National Bank of Canada | 30,797 | 2,305 | |
Royal Bank of Canada | 5,820 | 590 | |
TC Energy Corp. | 9,378 | 464 | |
TFI International, Inc. | 4,150 | 379 | |
5,780 | |||
China—21.8% | |||
Alibaba Group Holding Ltd.(1) | 196,300 | 5,562 | |
China Construction Bank Corp. Class H | 727,100 | 572 | |
China Lesso Group Holdings Ltd. | 1,431,000 | 3,531 | |
China Merchants Bank Co., Ltd. Class H | 688,000 | 5,871 | |
CIFI Holdings Group Co., Ltd. | 2,018,000 | 1,575 | |
ENN Energy Holdings Ltd. | 63,400 | 1,207 | |
Gree Electric Appliances, Inc. of Zhuhai Class A | 194,500 | 1,568 | |
Longfor Group Holdings Ltd. | 296,000 | 1,658 | |
Luxshare Precision Industry Co., Ltd. Class A | 810,875 | 5,773 | |
NetEase, Inc. | 33,500 | 759 | |
Ping An Insurance Group Co. of China Ltd. Class H | 317,500 | 3,110 | |
Tencent Holdings Ltd. | 35,900 | 2,700 | |
33,886 | |||
Denmark—0.1% | |||
Coloplast A/S Class B | 1,317 | 216 | |
Finland—3.4% | |||
Kesko OYJ Class B | 126,703 | 4,680 | |
Valmet Oyj | 14,678 | 640 | |
5,320 | |||
France—4.8% | |||
Air Liquide SA | 1,878 | 329 |
Shares | Value | ||
France—continued | |||
BNP Paribas SA | 35,067 | $ 2,198 | |
Capgemini SE | 7,747 | 1,488 | |
Kering S.A | 422 | 369 | |
L’Oreal SA | 816 | 364 | |
Sanofi | 13,642 | 1,429 | |
Schneider Electric SE | 8,449 | 1,329 | |
7,506 | |||
Germany—1.6% | |||
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen Registered Shares | 5,794 | 1,587 | |
SAP SE | 3,303 | 466 | |
Vonovia SE | 6,394 | 413 | |
2,466 | |||
Hong Kong—2.4% | |||
AIA Group Ltd. | 34,600 | 430 | |
Hong Kong Exchanges & Clearing Ltd. | 21,800 | 1,299 | |
SITC International Holdings Co., Ltd. | 182,000 | 761 | |
Techtronic Industries Co., Ltd. | 68,500 | 1,196 | |
3,686 | |||
India—0.6% | |||
HDFC Bank Ltd. ADR(1) | 3,329 | 244 | |
Reliance Industries Ltd. GDR | 11,738 | 664 | |
908 | |||
Italy—1.0% | |||
Enel SpA | 168,425 | 1,564 | |
Japan—6.3% | |||
Astellas Pharma, Inc. | 31,700 | 552 | |
Capcom Co., Ltd. | 7,800 | 228 | |
ITOCHU Corp. | 68,100 | 1,962 | |
KDDI Corp. | 28,800 | 898 | |
Nintendo Co., Ltd. | 700 | 407 | |
Sony Corp. | 20,000 | 1,947 | |
Tokio Marine Holdings, Inc. | 29,800 | 1,370 | |
Tokyo Electron Ltd. | 1,900 | 822 | |
Toyota Motor Corp. | 18,700 | 1,635 | |
9,821 | |||
Kazakhstan—1.2% | |||
Kaspi.KZ JSC GDR | 18,185 | 1,928 | |
Netherlands—0.5% | |||
Wolters Kluwer NV | 8,158 | 820 | |
Russia—4.5% | |||
LUKOIL PJSC Sponsored ADR | 76,026 | 6,994 | |
Saudi Arabia—0.3% | |||
Saudi Arabian Oil Co. | 51,421 | 481 |
Shares | Value | ||
Singapore—6.4% | |||
Ascendas Real Estate Investment Trust | 242,000 | $ 531 | |
DBS Group Holdings Ltd. | 132,900 | 2,946 | |
Keppel DC REIT | 259,000 | 480 | |
Mapletree Industrial Trust | 2,873,700 | 6,048 | |
10,005 | |||
South Africa—2.8% | |||
Gold Fields Ltd. Sponsored ADR | 487,293 | 4,337 | |
South Korea—1.5% | |||
Samsung Electronics Co., Ltd. | 32,796 | 2,350 | |
Spain—1.7% | |||
Iberdrola SA | 212,163 | 2,586 | |
Sweden—0.2% | |||
Swedish Match AB | 20,742 | 177 | |
Thule Group AB | 4,695 | 208 | |
385 | |||
Switzerland—5.2% | |||
Nestle S.A Registered Shares | 12,154 | 1,513 | |
Roche Holding AG | 3,188 | 1,201 | |
Swiss Life Holding AG Registered Shares | 2,066 | 1,004 | |
Zurich Insurance Group AG | 10,743 | 4,310 | |
8,028 | |||
Taiwan—5.6% | |||
E.Sun Financial Holding Co., Ltd. | 709,000 | 669 | |
Getac Technology Corp. | 246,000 | 486 | |
Micro-Star International Co. Ltd. | 490,000 | 2,770 | |
Taiwan Semiconductor Manufacturing Co., Ltd. | 172,000 | 3,673 | |
Uni-President Enterprises Corp. | 128,000 | 336 | |
Vanguard International Semiconductor Corp. | 174,000 | 737 | |
8,671 | |||
United Kingdom—8.5% | |||
3i Group plc | 33,678 | 547 | |
BAE Systems plc | 272,026 | 1,964 | |
London Stock Exchange Group plc | 44,511 | 4,907 | |
RELX plc | 13,498 | 358 | |
Rio Tinto plc | 57,628 | 4,743 | |
Unilever plc | 11,375 | 666 | |
13,185 | |||
United States—7.8% | |||
American Tower Corp. | 14,433 | 3,899 | |
Broadcom, Inc. | 11,069 | 5,278 | |
Equinix, Inc. | 282 | 226 |
Shares | Value | ||
United States—continued | |||
Gentex Corp. | 51,748 | $ 1,712 | |
Southern Copper Corp. | 15,057 | 969 | |
12,084 | |||
Total Common Stocks (Identified Cost $118,202) | 145,858 | ||
Total Long-Term Investments—97.4% (Identified Cost $123,875) | 151,610 | ||
Shares | Value | ||
Short-Term Investment—2.4% | |||
Money Market Mutual Fund—2.4% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 3,782,391 | $ 3,782 | |
Total Short-Term Investment (Identified Cost $3,782) | 3,782 | ||
TOTAL INVESTMENTS—99.8% (Identified Cost $127,657) | $155,392 | ||
Other assets and liabilities, net—0.2% | 259 | ||
NET ASSETS—100.0% | $155,651 |
Abbreviations: | |
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
JSC | Joint Stock Company |
PJSC | Public Joint Stock Company |
REIT | Real Estate Investment Trust |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
China | 22% |
United States | 10 |
United Kingdom | 8 |
Singapore | 6 |
Japan | 6 |
Taiwan | 6 |
South Korea | 5 |
Other | 37 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $145,858 | $145,858 | |
Preferred Stock | 5,752 | 5,752 | |
Money Market Mutual Fund | 3,782 | 3,782 | |
Total Investments | $155,392 | $155,392 |
June 30, 2021
Shares | Value | ||
Common Stocks—98.8% | |||
Communication Services—4.5% | |||
Activision Blizzard, Inc. | 34,428 | $ 3,286 | |
Alphabet, Inc. Class A(1) | 2,466 | 6,021 | |
Cable One, Inc. | 2,123 | 4,061 | |
Cogent Communications Holdings, Inc. | 23,493 | 1,806 | |
15,174 | |||
Consumer Discretionary—8.2% | |||
Best Buy Co., Inc. | 36,532 | 4,200 | |
Dollar General Corp. | 13,016 | 2,817 | |
Domino’s Pizza, Inc. | 4,032 | 1,881 | |
DR Horton, Inc. | 19,142 | 1,730 | |
Gentex Corp. | 43,109 | 1,426 | |
Home Depot, Inc. (The) | 22,283 | 7,106 | |
McDonald’s Corp. | 7,035 | 1,625 | |
Pool Corp. | 10,974 | 5,033 | |
Target Corp. | 8,098 | 1,958 | |
27,776 | |||
Consumer Staples—2.4% | |||
Costco Wholesale Corp. | 3,649 | 1,444 | |
Hershey Co. (The) | 8,482 | 1,477 | |
Procter & Gamble Co. (The) | 27,762 | 3,746 | |
Walmart, Inc. | 10,302 | 1,453 | |
8,120 | |||
Energy—4.2% | |||
ConocoPhillips | 87,026 | 5,300 | |
Hess Corp. | 42,753 | 3,733 | |
ONEOK, Inc. | 35,435 | 1,972 | |
Valero Energy Corp. | 43,480 | 3,395 | |
14,400 | |||
Financials—21.0% | |||
Allstate Corp. (The) | 21,787 | 2,842 | |
Bank of America Corp. | 124,699 | 5,141 | |
Broadridge Financial Solutions, Inc. | 9,326 | 1,506 | |
Citigroup, Inc. | 54,802 | 3,877 | |
Fidelity National Financial, Inc. | 36,801 | 1,599 | |
First American Financial Corp. | 26,987 | 1,683 | |
First Republic Bank | 10,154 | 1,901 | |
Goldman Sachs Group, Inc. (The) | 9,081 | 3,447 | |
Intercontinental Exchange, Inc. | 24,452 | 2,902 | |
JPMorgan Chase & Co. | 101,658 | 15,812 | |
Marsh & McLennan Cos., Inc. | 37,113 | 5,221 | |
Moody’s Corp. | 11,260 | 4,080 | |
Morgan Stanley | 56,247 | 5,157 |
Shares | Value | ||
Financials—continued | |||
PNC Financial Services Group, Inc. (The) | 9,419 | $ 1,797 | |
Primerica, Inc. | 20,508 | 3,141 | |
Regions Financial Corp. | 76,882 | 1,551 | |
S&P Global, Inc. | 13,811 | 5,669 | |
T. Rowe Price Group, Inc. | 19,991 | 3,958 | |
71,284 | |||
Health Care—11.7% | |||
Abbott Laboratories | 23,970 | 2,779 | |
AbbVie, Inc. | 31,963 | 3,600 | |
Anthem, Inc. | 11,198 | 4,275 | |
Bristol-Myers Squibb Co. | 30,357 | 2,028 | |
Chemed Corp. | 2,499 | 1,186 | |
Edwards Lifesciences Corp.(1) | 35,467 | 3,673 | |
Hill-Rom Holdings, Inc. | 21,582 | 2,452 | |
Humana, Inc. | 7,436 | 3,292 | |
Johnson & Johnson | 9,797 | 1,614 | |
Merck & Co., Inc. | 84,527 | 6,574 | |
PerkinElmer, Inc. | 9,576 | 1,479 | |
STERIS plc | 15,735 | 3,246 | |
Thermo Fisher Scientific, Inc. | 6,884 | 3,473 | |
39,671 | |||
Industrials—19.1% | |||
Carrier Global Corp. | 37,439 | 1,819 | |
Cintas Corp. | 4,670 | 1,784 | |
Copart, Inc.(1) | 12,904 | 1,701 | |
CSX Corp. | 105,796 | 3,394 | |
Cummins, Inc. | 6,493 | 1,583 | |
Deere & Co. | 6,579 | 2,320 | |
Dover Corp. | 11,209 | 1,688 | |
EMCOR Group, Inc. | 34,125 | 4,204 | |
Expeditors International of Washington, Inc. | 13,815 | 1,749 | |
Fair Isaac Corp.(1) | 3,284 | 1,651 | |
FTI Consulting, Inc.(1) | 12,935 | 1,767 | |
Honeywell International, Inc. | 14,965 | 3,283 | |
Illinois Tool Works, Inc. | 7,310 | 1,634 | |
L3Harris Technologies, Inc. | 36,169 | 7,818 | |
Leidos Holdings, Inc. | 27,410 | 2,771 | |
Lockheed Martin Corp. | 9,580 | 3,625 | |
Masco Corp. | 52,888 | 3,116 | |
Mercury Systems, Inc.(1) | 34,200 | 2,267 | |
Norfolk Southern Corp. | 8,989 | 2,386 | |
Roper Technologies, Inc. | 11,899 | 5,595 | |
Teledyne Technologies, Inc.(1) | 4,069 | 1,704 | |
Toro Co. (The) | 17,416 | 1,914 | |
TransUnion | 29,560 | 3,246 |
Shares | Value | ||
Industrials—continued | |||
Waste Management, Inc. | 11,516 | $ 1,613 | |
64,632 | |||
Information Technology—13.7% | |||
Adobe, Inc.(1) | 3,372 | 1,975 | |
Apple, Inc. | 33,709 | 4,617 | |
Aspen Technology, Inc.(1) | 10,148 | 1,396 | |
Cisco Systems, Inc. | 49,076 | 2,601 | |
Fiserv, Inc.(1) | 10,291 | 1,100 | |
Global Payments, Inc. | 7,192 | 1,349 | |
Intel Corp. | 50,886 | 2,857 | |
Keysight Technologies, Inc.(1) | 12,911 | 1,993 | |
Lam Research Corp. | 8,353 | 5,435 | |
Mastercard, Inc. Class A | 4,027 | 1,470 | |
Microsoft Corp. | 32,392 | 8,775 | |
Motorola Solutions, Inc. | 15,803 | 3,427 | |
NVIDIA Corp. | 5,312 | 4,250 | |
PayPal Holdings, Inc.(1) | 7,166 | 2,089 | |
Texas Instruments, Inc. | 8,600 | 1,654 | |
Visa, Inc. Class A | 6,270 | 1,466 | |
46,454 | |||
Materials—5.4% | |||
Air Products and Chemicals, Inc. | 5,177 | 1,489 | |
Avery Dennison Corp. | 8,314 | 1,748 | |
Ball Corp. | 18,110 | 1,467 | |
Celanese Corp. | 25,505 | 3,866 | |
Ecolab, Inc. | 6,873 | 1,416 | |
Linde plc | 10,671 | 3,085 | |
Reliance Steel & Aluminum Co. | 11,790 | 1,779 | |
Royal Gold, Inc. | 28,797 | 3,286 | |
18,136 | |||
Real Estate—4.1% | |||
Alexandria Real Estate Equities, Inc. | 16,817 | 3,060 | |
American Tower Corp. | 20,269 | 5,475 | |
CoreSite Realty Corp. | 19,105 | 2,572 | |
Prologis, Inc. | 24,137 | 2,885 | |
13,992 | |||
Utilities—4.5% | |||
NextEra Energy, Inc. | 137,957 | 10,110 | |
ONE Gas, Inc. | 27,413 | 2,032 | |
Sempra Energy | 10,169 | 1,347 |
Shares | Value | ||
Utilities—continued | |||
WEC Energy Group, Inc. | 17,944 | $ 1,596 | |
15,085 | |||
Total Common Stocks (Identified Cost $257,277) | 334,724 | ||
Total Long-Term Investments—98.8% (Identified Cost $257,277) | 334,724 | ||
Shares | Value | ||
Short-Term Investment—0.9% | |||
Money Market Mutual Fund—0.9% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 3,083,412 | $ 3,083 | |
Total Short-Term Investment (Identified Cost $3,083) | 3,083 | ||
TOTAL INVESTMENTS—99.7% (Identified Cost $260,360) | $337,807 | ||
Other assets and liabilities, net—0.3% | 1,010 | ||
NET ASSETS—100.0% | $338,817 |
Abbreviation: | |
S&P | Standard & Poor’s |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $334,724 | $334,724 | |
Money Market Mutual Fund | 3,083 | 3,083 | |
Total Investments | $337,807 | $337,807 |
June 30, 2021
Shares | Value | ||
Common Stocks—99.4% | |||
Communication Services—4.3% | |||
Cable One, Inc. | 6,227 | $ 11,911 | |
Cogent Communications Holdings, Inc. | 175,585 | 13,501 | |
Electronic Arts, Inc. | 95,900 | 13,793 | |
Take-Two Interactive Software, Inc.(1) | 41,858 | 7,410 | |
ViacomCBS, Inc. Class B | 354,402 | 16,019 | |
62,634 | |||
Consumer Discretionary—9.3% | |||
AutoZone, Inc.(1) | 9,519 | 14,204 | |
Best Buy Co., Inc. | 125,732 | 14,457 | |
Dollar General Corp. | 47,382 | 10,253 | |
Domino’s Pizza, Inc. | 19,399 | 9,049 | |
DR Horton, Inc. | 154,898 | 13,998 | |
Garmin Ltd. | 47,882 | 6,926 | |
Gentex Corp. | 409,927 | 13,564 | |
Lowe’s Cos., Inc. | 64,240 | 12,461 | |
Lululemon Athletica, Inc.(1) | 9,003 | 3,286 | |
Pool Corp. | 17,181 | 7,880 | |
PulteGroup, Inc. | 434,594 | 23,716 | |
Whirlpool Corp. | 31,085 | 6,777 | |
136,571 | |||
Consumer Staples—5.4% | |||
Church & Dwight Co., Inc. | 173,218 | 14,762 | |
Clorox Co. (The) | 34,843 | 6,269 | |
Hershey Co. (The) | 59,300 | 10,329 | |
Kimberly-Clark Corp. | 52,948 | 7,083 | |
Kroger Co. (The) | 303,322 | 11,620 | |
McCormick & Co., Inc. | 191,622 | 16,924 | |
Tyson Foods, Inc. Class A | 162,207 | 11,964 | |
78,951 | |||
Energy—2.1% | |||
Hess Corp. | 85,183 | 7,438 | |
Marathon Petroleum Corp. | 238,670 | 14,421 | |
ONEOK, Inc. | 164,384 | 9,146 | |
31,005 | |||
Financials—19.3% | |||
AGNC Investment Corp. | 861,874 | 14,557 | |
Allstate Corp. (The) | 141,700 | 18,483 | |
American Financial Group, Inc. | 57,065 | 7,117 | |
Apollo Global Management, Inc. Class A | 181,945 | 11,317 | |
Broadridge Financial Solutions, Inc. | 32,342 | 5,224 | |
Cincinnati Financial Corp. | 87,287 | 10,179 | |
Citizens Financial Group, Inc. | 285,857 | 13,112 |
Shares | Value | ||
Financials—continued | |||
Discover Financial Services | 132,142 | $ 15,631 | |
Equitable Holdings, Inc. | 486,132 | 14,803 | |
Fidelity National Financial, Inc. | 310,960 | 13,514 | |
First Republic Bank | 57,137 | 10,694 | |
Gallagher (Arthur J.) & Co. | 98,026 | 13,732 | |
Globe Life, Inc. | 104,062 | 9,912 | |
Hanover Insurance Group, Inc. (The) | 96,034 | 13,026 | |
Kinsale Capital Group, Inc. | 68,448 | 11,278 | |
M&T Bank Corp. | 84,176 | 12,232 | |
MarketAxess Holdings, Inc. | 24,505 | 11,360 | |
MSCI, Inc. Class A | 13,752 | 7,331 | |
Nasdaq, Inc. | 83,029 | 14,597 | |
New Residential Investment Corp. | 1,152,763 | 12,208 | |
Progressive Corp. (The) | 111,982 | 10,998 | |
Reinsurance Group of America, Inc. | 119,373 | 13,609 | |
State Street Corp. | 136,125 | 11,200 | |
T. Rowe Price Group, Inc. | 37,747 | 7,473 | |
283,587 | |||
Health Care—8.9% | |||
Agilent Technologies, Inc. | 84,536 | 12,495 | |
Anthem, Inc. | 32,875 | 12,552 | |
Chemed Corp. | 29,224 | 13,867 | |
Hill-Rom Holdings, Inc. | 60,204 | 6,838 | |
Humana, Inc. | 12,000 | 5,312 | |
IQVIA Holdings, Inc.(1) | 30,290 | 7,340 | |
PerkinElmer, Inc. | 96,507 | 14,902 | |
Quest Diagnostics, Inc. | 109,049 | 14,391 | |
ResMed, Inc. | 59,622 | 14,698 | |
STERIS plc | 76,979 | 15,881 | |
Teleflex, Inc. | 12,242 | 4,919 | |
West Pharmaceutical Services, Inc. | 23,456 | 8,423 | |
131,618 | |||
Industrials—15.8% | |||
AMETEK, Inc. | 70,280 | 9,382 | |
Carrier Global Corp. | 254,724 | 12,380 | |
Cummins, Inc. | 44,815 | 10,926 | |
Dover Corp. | 93,186 | 14,034 | |
Eaton Corp. plc | 45,265 | 6,707 | |
EMCOR Group, Inc. | 63,557 | 7,830 | |
Graco, Inc. | 140,970 | 10,671 | |
L3Harris Technologies, Inc. | 64,401 | 13,920 | |
Leidos Holdings, Inc. | 162,714 | 16,450 | |
Masco Corp. | 226,184 | 13,325 | |
Mercury Systems, Inc.(1) | 379,487 | 25,152 | |
Northrop Grumman Corp. | 39,131 | 14,221 |
Shares | Value | ||
Industrials—continued | |||
Old Dominion Freight Line, Inc. | 28,254 | $ 7,171 | |
Republic Services, Inc. Class A | 133,683 | 14,707 | |
Roper Technologies, Inc. | 46,052 | 21,654 | |
Stanley Black & Decker, Inc. | 77,251 | 15,836 | |
Teledyne Technologies, Inc.(1) | 11,946 | 5,003 | |
Toro Co. (The) | 56,128 | 6,167 | |
TransUnion | 68,652 | 7,539 | |
233,075 | |||
Information Technology—10.6% | |||
Broadcom, Inc. | 23,986 | 11,437 | |
Cadence Design Systems, Inc.(1) | 87,864 | 12,022 | |
Global Payments, Inc. | 56,362 | 10,570 | |
Hewlett Packard Enterprise Co. | 877,249 | 12,790 | |
HP, Inc. | 490,194 | 14,799 | |
Jabil, Inc. | 132,186 | 7,683 | |
Jack Henry & Associates, Inc. | 95,058 | 15,543 | |
Keysight Technologies, Inc.(1) | 39,316 | 6,071 | |
Motorola Solutions, Inc. | 27,478 | 5,959 | |
Skyworks Solutions, Inc. | 89,785 | 17,216 | |
Synopsys, Inc.(1) | 45,298 | 12,493 | |
Teradyne, Inc. | 216,461 | 28,997 | |
155,580 | |||
Materials—5.7% | |||
Celanese Corp. | 92,573 | 14,034 | |
FMC Corp. | 43,458 | 4,702 | |
LyondellBasell Industries NV Class A | 144,295 | 14,844 | |
Reliance Steel & Aluminum Co. | 22,840 | 3,447 | |
Royal Gold, Inc. | 170,011 | 19,398 | |
RPM International, Inc. | 140,766 | 12,483 | |
Scotts Miracle-Gro Co. (The) | 36,504 | 7,006 | |
Southern Copper Corp. | 113,532 | 7,302 | |
83,216 | |||
Real Estate—8.1% | |||
Alexandria Real Estate Equities, Inc. | 45,164 | 8,217 | |
American Tower Corp. | 88,840 | 23,999 | |
Americold Realty Trust | 124,904 | 4,728 | |
CoreSite Realty Corp. | 109,357 | 14,719 | |
Duke Realty Corp. | 149,549 | 7,081 | |
Extra Space Storage, Inc. | 45,034 | 7,378 | |
Medical Properties Trust, Inc. | 580,498 | 11,668 | |
National Health Investors, Inc. | 176,597 | 11,841 | |
Prologis, Inc. | 75,370 | 9,009 |
Shares | Value | ||
Real Estate—continued | |||
Realty Income Corp. | 103,878 | $ 6,933 | |
Sun Communities, Inc. | 77,393 | 13,265 | |
118,838 | |||
Utilities—9.9% | |||
AES Corp. (The) | 223,835 | 5,836 | |
Alliant Energy Corp. | 223,606 | 12,468 | |
American Water Works Co., Inc. | 91,690 | 14,132 | |
Atmos Energy Corp. | 251,548 | 24,176 | |
DTE Energy Co. | 79,492 | 10,302 | |
Eversource Energy | 215,502 | 17,292 | |
ONE Gas, Inc. | 141,938 | 10,521 | |
Sempra Energy | 111,156 | 14,726 | |
WEC Energy Group, Inc. | 169,779 | 15,102 | |
Xcel Energy, Inc. | 321,527 | 21,182 | |
145,737 | |||
Total Common Stocks (Identified Cost $1,159,120) | 1,460,812 | ||
Total Long-Term Investments—99.4% (Identified Cost $1,159,120) | 1,460,812 | ||
Shares | Value | ||
Short-Term Investment—0.6% | |||
Money Market Mutual Fund—0.6% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 9,454,173 | $ 9,454 | |
Total Short-Term Investment (Identified Cost $9,454) | 9,454 | ||
TOTAL INVESTMENTS—100.0% (Identified Cost $1,168,574) | $1,470,266 | ||
Other assets and liabilities, net—0.0% | 150 | ||
NET ASSETS—100.0% | $1,470,416 |
Abbreviation: | |
MSCI | Morgan Stanley Capital International |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $1,460,812 | $1,460,812 | |
Money Market Mutual Fund | 9,454 | 9,454 | |
Total Investments | $1,470,266 | $1,470,266 |
June 30, 2021
Shares | Value | ||
Common Stocks—97.8% | |||
Communication Services—2.5% | |||
Cogeco Communications, Inc. | 59,916 | $ 5,859 | |
Cogent Communications Holdings, Inc. | 75,812 | 5,829 | |
TEGNA, Inc. | 144,257 | 2,706 | |
14,394 | |||
Consumer Discretionary—9.0% | |||
Acushnet Holdings Corp. | 109,319 | 5,400 | |
Dana, Inc. | 98,664 | 2,344 | |
Fox Factory Holding Corp.(1) | 8,970 | 1,396 | |
Helen of Troy Ltd.(1) | 11,393 | 2,599 | |
KB Home | 236,831 | 9,644 | |
Lithia Motors, Inc. | 8,134 | 2,795 | |
MDC Holdings, Inc. | 181,379 | 9,178 | |
Ollie’s Bargain Outlet Holdings, Inc.(1) | 22,287 | 1,875 | |
SiteOne Landscape Supply, Inc.(1) | 14,506 | 2,455 | |
Standard Motor Products, Inc. | 53,127 | 2,303 | |
Strategic Education, Inc. | 38,701 | 2,944 | |
Wendy’s Co. (The) | 220,908 | 5,174 | |
Wingstop, Inc. | 12,080 | 1,904 | |
YETI Holdings, Inc.(1) | 16,281 | 1,495 | |
51,506 | |||
Consumer Staples—1.7% | |||
Calavo Growers, Inc. | 16,409 | 1,041 | |
Nomad Foods Ltd.(1) | 149,670 | 4,231 | |
Simply Good Foods Co. (The)(1) | 54,792 | 2,000 | |
WD-40 Co. | 9,481 | 2,430 | |
9,702 | |||
Energy—1.7% | |||
Delek Logistics Partners LP | 114,619 | 4,809 | |
SFL Corp. Ltd. | 453,554 | 3,470 | |
World Fuel Services Corp. | 37,898 | 1,203 | |
9,482 | |||
Financials—31.5% | |||
AllianceBernstein Holding LP | 112,531 | 5,239 | |
American Financial Group, Inc. | 29,037 | 3,621 | |
Apollo Commercial Real Estate Finance, Inc. | 596,846 | 9,520 | |
Arbor Realty Trust, Inc. | 224,221 | 3,996 | |
Atlantic Union Bankshares Corp. | 134,782 | 4,882 | |
BancFirst Corp. | 48,049 | 3,000 | |
Bank of Hawaii Corp. | 38,436 | 3,237 | |
Blackstone Mortgage Trust, Inc. Class A | 322,766 | 10,293 | |
Cannae Holdings, Inc.(1) | 59,858 | 2,030 |
Shares | Value | ||
Financials—continued | |||
CNO Financial Group, Inc. | 137,924 | $ 3,258 | |
Commerce Bancshares, Inc. | 38,155 | 2,845 | |
Community Bank System, Inc. | 144,554 | 10,935 | |
Compass Diversified Holdings | 100,156 | 2,554 | |
Enterprise Financial Services Corp. | 106,075 | 4,921 | |
Essent Group Ltd. | 84,315 | 3,790 | |
Federal Agricultural Mortgage Corp. Class C | 16,418 | 1,624 | |
First American Financial Corp. | 80,601 | 5,025 | |
First Citizens BancShares, Inc. Class A | 3,550 | 2,956 | |
First Interstate BancSystem, Inc. Class A | 61,858 | 2,588 | |
Glacier Bancorp, Inc. | 49,223 | 2,711 | |
Globe Life, Inc. | 48,089 | 4,580 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 107,799 | 6,053 | |
Hanover Insurance Group, Inc. (The) | 37,905 | 5,141 | |
Horace Mann Educators Corp. | 137,744 | 5,154 | |
Houlihan Lokey, Inc. Class A | 76,631 | 6,268 | |
Independent Bank Corp. | 59,618 | 4,501 | |
Kinsale Capital Group, Inc. | 37,339 | 6,152 | |
Meta Financial Group, Inc. | 56,252 | 2,848 | |
Old Republic International Corp. | 201,468 | 5,019 | |
PennyMac Financial Services, Inc. | 51,371 | 3,171 | |
Premier Financial Corp. | 94,365 | 2,681 | |
Primerica, Inc. | 17,314 | 2,651 | |
PROG Holdings, Inc. | 61,396 | 2,955 | |
Radian Group, Inc. | 171,754 | 3,822 | |
Selective Insurance Group, Inc. | 37,129 | 3,013 | |
South State Corp. | 99,950 | 8,172 | |
Stifel Financial Corp. | 63,070 | 4,091 | |
United Community Banks, Inc. | 133,045 | 4,259 | |
Valley National Bancorp | 370,307 | 4,973 | |
Walker & Dunlop, Inc. | 54,149 | 5,652 | |
180,181 | |||
Health Care—3.7% | |||
Chemed Corp. | 11,797 | 5,598 | |
CONMED Corp. | 41,883 | 5,756 | |
Ensign Group, Inc. (The) | 20,993 | 1,819 | |
Hill-Rom Holdings, Inc. | 55,339 | 6,286 | |
Medpace Holdings, Inc.(1) | 10,911 | 1,927 | |
21,386 | |||
Shares | Value | ||
Industrials—17.0% | |||
ABM Industries, Inc. | 89,317 | $ 3,961 | |
Brady Corp. Class A | 50,085 | 2,807 | |
CBIZ, Inc.(1) | 157,864 | 5,173 | |
Curtiss-Wright Corp. | 43,410 | 5,155 | |
Douglas Dynamics, Inc. | 138,772 | 5,647 | |
EMCOR Group, Inc. | 30,734 | 3,786 | |
ESCO Technologies, Inc. | 31,348 | 2,941 | |
Exponent, Inc. | 26,588 | 2,372 | |
Federal Signal Corp. | 67,974 | 2,735 | |
Hillenbrand, Inc. | 67,729 | 2,985 | |
ITT, Inc. | 35,385 | 3,241 | |
KBR, Inc. | 72,445 | 2,764 | |
ManTech International Corp. Class A | 67,889 | 5,875 | |
McGrath RentCorp | 67,899 | 5,539 | |
Mercury Systems, Inc.(1) | 78,269 | 5,188 | |
MSA Safety, Inc. | 13,856 | 2,294 | |
Quanta Services, Inc. | 19,465 | 1,763 | |
Simpson Manufacturing Co., Inc. | 25,748 | 2,844 | |
SkyWest, Inc.(1) | 93,462 | 4,025 | |
SPX Corp.(1) | 52,439 | 3,203 | |
Tetra Tech, Inc. | 13,531 | 1,651 | |
Toro Co. (The) | 24,440 | 2,685 | |
Triton International Ltd. | 82,361 | 4,311 | |
UFP Industries, Inc. | 78,600 | 5,843 | |
Watts Water Technologies, Inc. Class A | 21,287 | 3,106 | |
Werner Enterprises, Inc. | 120,821 | 5,379 | |
97,273 | |||
Information Technology—8.8% | |||
Aspen Technology, Inc.(1) | 8,517 | 1,171 | |
AudioCodes Ltd. | 97,694 | 3,233 | |
Cirrus Logic, Inc.(1) | 30,284 | 2,578 | |
CMC Materials, Inc. | 39,250 | 5,917 | |
Diodes, Inc.(1) | 36,902 | 2,944 | |
ePlus, Inc.(1) | 59,690 | 5,174 | |
ExlService Holdings, Inc.(1) | 26,312 | 2,796 | |
Fabrinet (1) | 28,878 | 2,768 | |
FormFactor, Inc.(1) | 51,380 | 1,873 | |
Jabil, Inc. | 65,242 | 3,792 | |
Lumentum Holdings, Inc.(1) | 54,678 | 4,485 | |
Methode Electronics, Inc. | 105,116 | 5,173 | |
MKS Instruments, Inc. | 17,448 | 3,105 | |
Progress Software Corp. | 116,150 | 5,372 | |
50,381 | |||
Materials—6.5% | |||
Cabot Corp. | 56,274 | 3,204 | |
Commercial Metals Co. | 150,180 | 4,614 | |
Gold Fields Ltd. Sponsored ADR | 426,720 | 3,798 | |
Innospec, Inc. | 13,312 | 1,206 | |
Kaiser Aluminum Corp. | 33,434 | 4,129 | |
Royal Gold, Inc. | 26,438 | 3,017 | |
Silgan Holdings, Inc. | 136,687 | 5,672 | |
Sonoco Products Co. | 78,594 | 5,258 |
Shares | Value | ||
Materials—continued | |||
Stepan Co. | 50,066 | $ 6,021 | |
36,919 | |||
Real Estate—6.9% | |||
American Assets Trust, Inc. | 58,029 | 2,164 | |
Americold Realty Trust | 56,941 | 2,155 | |
CoreSite Realty Corp. | 87,214 | 11,739 | |
CyrusOne, Inc. | 12,792 | 915 | |
First Industrial Realty Trust, Inc. | 26,332 | 1,376 | |
Hudson Pacific Properties, Inc. | 110,162 | 3,065 | |
Life Storage, Inc. REIT | 26,625 | 2,858 | |
National Health Investors, Inc. | 100,700 | 6,752 | |
Rexford Industrial Realty, Inc. | 46,818 | 2,666 | |
STAG Industrial, Inc. | 106,284 | 3,978 | |
Terreno Realty Corp. | 29,910 | 1,930 | |
39,598 | |||
Utilities—8.5% | |||
American States Water Co. | 15,878 | 1,263 | |
Black Hills Corp. | 99,703 | 6,544 | |
California Water Service Group | 40,418 | 2,245 | |
IDACORP, Inc. | 66,471 | 6,481 | |
NorthWestern Corp. | 100,846 | 6,073 | |
ONE Gas, Inc. | 158,165 | 11,723 | |
SJW Group | 35,835 | 2,268 | |
Spire, Inc. | 109,068 | 7,882 |
Shares | Value | ||
Utilities—continued | |||
Unitil Corp. | 79,141 | $ 4,192 | |
48,671 | |||
Total Common Stocks (Identified Cost $432,741) | 559,493 | ||
Exchange-Traded Fund—0.8% | |||
Invesco S&P 500 Equal Weight ETF(2) | 30,554 | 4,605 | |
Total Exchange-Traded Fund (Identified Cost $3,327) | 4,605 | ||
Total Long-Term Investments—98.6% (Identified Cost $436,068) | 564,098 | ||
Short-Term Investment—1.8% | |||
Money Market Mutual Fund—1.8% | |||
Dreyfus Government Cash Management Fund - Institutional Shares (seven-day effective yield 0.030%)(2) | 10,588,386 | 10,588 | |
Total Short-Term Investment (Identified Cost $10,588) | 10,588 | ||
TOTAL INVESTMENTS—100.4% (Identified Cost $446,656) | $574,686 | ||
Other assets and liabilities, net—(0.4)% | (2,291) | ||
NET ASSETS—100.0% | $572,395 |
Abbreviations: | |
ADR | American Depositary Receipt |
ETF | Exchange-Traded Fund |
LP | Limited Partnership |
REIT | Real Estate Investment Trust |
S&P | Standard & Poor’s |
Footnote Legend: | |
(1) | Non-income producing. |
(2) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
Country Weightings (Unaudited)† | |
United States | 92% |
Bermuda | 4 |
Virgin Islands (British) | 1 |
Canada | 1 |
South Africa | 1 |
Israel | 1 |
Total | 100% |
† % of total investments as of June 30, 2021. |
Total Value at June 30, 2021 | Level 1 Quoted Prices | ||
Assets: | |||
Equity Securities: | |||
Common Stocks | $559,493 | $559,493 | |
Exchange-Traded Fund | 4,605 | 4,605 | |
Money Market Mutual Fund | 10,588 | 10,588 | |
Total Investments | $574,686 | $574,686 |
June 30, 2021
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | ||||
Assets | |||||||
Investment in securities at value(1) | $ 279,657 | $ 1,428,931 | $ 98,816 | $ 195,138 | |||
Foreign currency at value(2) | 2,106 | — | 94 | — | |||
Cash | 217 | 630 | 99 | 98 | |||
Receivables | |||||||
Investment securities sold | — | 6,180 | 1,416 | 1,859 | |||
Fund shares sold | 209 | 397 | 40 | 17 | |||
Dividends and interest | 1,303 | 180 | 65 | 90 | |||
Tax reclaims | 48 | — | 154 | 295 | |||
Prepaid Trustees’ retainer | 3 | 17 | 1 | 2 | |||
Prepaid expenses | 14 | 22 | 13 | 13 | |||
Other assets | 93 | 333 | 72 | 60 | |||
Total assets | 283,650 | 1,436,690 | 100,770 | 197,572 | |||
Liabilities | |||||||
Payables | |||||||
Fund shares repurchased | 224 | 556 | 57 | 30 | |||
Investment securities purchased | 1,423 | 6,163 | 1,821 | 1,866 | |||
Foreign capital gains tax | 1,083 | — | — | — | |||
Investment advisory fees | 101 | 495 | 67 | 123 | |||
Distribution and service fees | 8 | 212 | 14 | 37 | |||
Administration and accounting fees | 23 | 111 | 8 | 15 | |||
Transfer agent and sub-transfer agent fees and expenses | 64 | 247 | 23 | 43 | |||
Professional fees | 30 | 36 | 29 | 33 | |||
Trustee deferred compensation plan | 93 | 333 | 72 | 60 | |||
Interest expense and/or commitment fees | — (a) | — (a) | — (a) | — (a) | |||
Other accrued expenses | 98 | 88 | 41 | 28 | |||
Total liabilities | 3,147 | 8,241 | 2,132 | 2,235 | |||
Net Assets | $ 280,503 | $ 1,428,449 | $ 98,638 | $ 195,337 | |||
Net Assets Consist of: | |||||||
Capital paid in on shares of beneficial interest | $ 209,301 | $ 517,014 | $ 55,496 | $ 138,588 | |||
Accumulated earnings (loss) | 71,202 | 911,435 | 43,142 | 56,749 | |||
Net Assets | $ 280,503 | $ 1,428,449 | $ 98,638 | $ 195,337 | |||
Net Assets: | |||||||
Class A | $ 33,740 | $ 860,373 | $ 51,169 | $ 169,577 | |||
Class C | $ 1,713 | $ 48,650 | $ 3,374 | $ 3,758 | |||
Class P | $ 7,945 | $ 105,688 | $ 3,609 | $ 880 | |||
Institutional Class | $ 206,383 | $ 209,066 | $ 40,486 | $ 21,122 | |||
Class R6 | $ 30,722 | $ 198,031 | $ — | $ — | |||
Administrative Class | $ — | $ 6,641 | $ — | $ — | |||
Shares Outstanding (unlimited number of shares authorized, no par value): | |||||||
Class A | 897,021 | 10,856,764 | 978,183 | 4,449,383 | |||
Class C | 45,794 | 1,114,059 | 79,871 | 140,568 | |||
Class P | 216,460 | 1,926,800 | 62,971 | 22,678 | |||
Institutional Class | 5,486,340 | 2,920,752 | 696,409 | 543,449 | |||
Class R6 | 821,505 | 2,758,224 | — | — | |||
Administrative Class | — | 102,662 | — | — |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | ||||
Net Asset Value and Redemption Price Per Share:* | |||||||
Class A | $ 37.61 | $ 79.25 | $ 52.31 | $ 38.11 | |||
Class C | $ 37.41 | $ 43.67 | $ 42.24 | $ 26.74 | |||
Class P | $ 36.71 | $ 54.85 | $ 57.32 | $ 38.79 | |||
Institutional Class | $ 37.62 | $ 71.58 | $ 58.13 | $ 38.87 | |||
Class R6 | $ 37.40 | $ 71.80 | $ — | $ — | |||
Administrative Class | $ — | $ 64.69 | $ — | $ — | |||
Maximum Offering Price Per Share (NAV/(1-Maximum Sales Charge)): | |||||||
Class A | $ 39.80 | $ 83.86 | $ 55.35 | $ 40.33 | |||
Maximum Sales Charge - Class A | 5.50% | 5.50% | 5.50% | 5.50% | |||
(1) Investment in securities at cost | $ 199,634 | $ 706,694 | $ 76,387 | $ 162,479 | |||
(2) Foreign currency at cost | $ 2,112 | $ — | $ 93 | $ — |
(a) | Amount is less than $500. |
* | Net Asset Value and Redemption Price Per Share are calculated using unrounded net assets. |
AllianzGI Income & Growth Fund | AllianzGI Mid-Cap Growth Fund | AllianzGI Small-Cap Fund | AllianzGI Technology Fund | ||||
Assets | |||||||
Investment in securities at value(1) | $ 6,938,586 | $ 487,153 | $ 167,047 | $ 2,551,366 | |||
Investment in affiliates at value(2) | 41,116 | — | — | — | |||
Foreign currency at value(3) | — | — | — | 4,682 | |||
Cash | 2,755 | 96 | 103 | 492 | |||
Receivables | |||||||
Investment securities sold | 18,713 | 27,499 | 166 | — | |||
Fund shares sold | 14,523 | 110 | 56 | 968 | |||
Dividends and interest | 38,108 | 51 | 61 | 1,198 | |||
Tax reclaims | — | — | — | 40 | |||
Prepaid Trustees’ retainer | 86 | 6 | 2 | 31 | |||
Prepaid expenses | 87 | 20 | 38 | 28 | |||
Other assets | 864 | 91 | 20 | 512 | |||
Total assets | 7,054,838 | 515,026 | 167,493 | 2,559,317 | |||
Liabilities | |||||||
Written options at value(4) | 4,303 | — | — | 10,042 | |||
Payables | |||||||
Fund shares repurchased | 10,341 | 131 | 286 | 11,041 | |||
Investment securities purchased | 22,858 | 25,299 | 631 | — | |||
Investment advisory fees | 3,671 | 185 | 49 | 1,839 | |||
Distribution and service fees | 1,672 | 94 | 22 | 223 | |||
Administration and accounting fees | 551 | 38 | 13 | 199 | |||
Transfer agent and sub-transfer agent fees and expenses | 1,002 | 84 | 45 | 444 | |||
Professional fees | 55 | 30 | 30 | 40 | |||
Trustee deferred compensation plan | 864 | 91 | 20 | 512 | |||
Interest expense and/or commitment fees | 2 | — (a) | — (a) | 1 | |||
Other accrued expenses | 397 | 46 | 41 | 170 | |||
Total liabilities | 45,716 | 25,998 | 1,137 | 24,511 | |||
Net Assets | $ 7,009,122 | $ 489,028 | $ 166,356 | $ 2,534,806 | |||
Net Assets Consist of: | |||||||
Capital paid in on shares of beneficial interest | $ 6,414,598 | $ 230,735 | $ 103,274 | $ 1,215,623 | |||
Accumulated earnings (loss) | 594,524 | 258,293 | 63,082 | 1,319,183 | |||
Net Assets | $ 7,009,122 | $ 489,028 | $ 166,356 | $ 2,534,806 | |||
Net Assets: | |||||||
Class A | $ 2,403,182 | $ 376,649 | $ 87,605 | $ 812,373 | |||
Class C | $ 1,467,948 | $ 15,282 | $ 4,940 | $ 53,742 | |||
Class P | $ 1,822,852 | $ 30,526 | $ 28,986 | $ 194,925 | |||
Institutional Class | $ 1,315,140 | $ 63,690 | $ 36,211 | $ 1,386,911 | |||
Class R6 | $ — | $ — | $ 8,614 | $ — | |||
Administrative Class | $ — | $ 2,881 | $ — | $ 86,855 | |||
Shares Outstanding (unlimited number of shares authorized, no par value): | |||||||
Class A | 181,227,500 | 63,358,021 | 3,186,906 | 9,956,617 | |||
Class C | 122,995,222 | 3,435,772 | 190,114 | 1,172,743 | |||
Class P | 133,339,441 | 4,298,747 | 1,041,798 | 1,986,289 | |||
Institutional Class | 95,085,594 | 8,875,933 | 1,290,212 | 13,685,685 | |||
Class R6 | — | — | 306,553 | — | |||
Administrative Class | — | 447,952 | — | 958,430 |
AllianzGI Income & Growth Fund | AllianzGI Mid-Cap Growth Fund | AllianzGI Small-Cap Fund | AllianzGI Technology Fund | ||||
Net Asset Value and Redemption Price Per Share:* | |||||||
Class A | $ 13.26 | $ 5.94 | $ 27.49 | $ 81.59 | |||
Class C | $ 11.94 | $ 4.45 | $ 25.99 | $ 45.83 | |||
Class P | $ 13.67 | $ 7.10 | $ 27.82 | $ 98.14 | |||
Institutional Class | $ 13.83 | $ 7.18 | $ 28.07 | $ 101.34 | |||
Class R6 | $ — | $ — | $ 28.10 | $ — | |||
Administrative Class | $ — | $ 6.43 | $ — | $ 90.62 | |||
Maximum Offering Price Per Share (NAV/(1-Maximum Sales Charge)): | |||||||
Class A | $ 14.03 | $ 6.29 | $ 29.09 | $ 86.34 | |||
Maximum Sales Charge - Class A | 5.50% | 5.50% | 5.50% | 5.50% | |||
(1) Investment in securities at cost | $ 6,499,528 | $ 333,715 | $ 123,206 | $ 1,735,432 | |||
(2) Investment in affiliates at cost | $ 49,185 | $ — | $ — | $ — | |||
(3) Foreign currency at cost | $ — | $ — | $ — | $ 4,062 | |||
(4) Written options premiums received | $ 1,229 | $ — | $ — | $ 15,061 |
(a) | Amount is less than $500. |
* | Net Asset Value and Redemption Price Per Share are calculated using unrounded net assets. |
NFJ Dividend Value Fund | NFJ International Value Fund | NFJ Large-Cap Value Fund | NFJ Mid-Cap Value Fund | ||||
Assets | |||||||
Investment in securities at value(1) | $ 894,873 | $ 155,392 | $ 337,807 | $ 1,470,266 | |||
Foreign currency at value(2) | — | 816 | — | — | |||
Cash | 92 | 99 | 97 | 745 | |||
Receivables | |||||||
Investment securities sold | — | 656 | 21,829 | 53,120 | |||
Fund shares sold | 159 | 16 | 300 | 706 | |||
Dividends and interest | 1,215 | 377 | 331 | 2,035 | |||
Tax reclaims | 287 | 352 | 56 | 19 | |||
Prepaid Trustees’ retainer | 12 | 2 | 4 | 18 | |||
Prepaid expenses | 27 | 36 | 22 | 24 | |||
Other assets | 2,003 | 420 | 243 | 408 | |||
Total assets | 898,668 | 158,166 | 360,689 | 1,527,341 | |||
Liabilities | |||||||
Payables | |||||||
Fund shares repurchased | 4,055 | 626 | 21,267 | 1,234 | |||
Investment securities purchased | — | 1,213 | — | 54,071 | |||
Investment advisory fees | 332 | 73 | 133 | 429 | |||
Distribution and service fees | 454 | 45 | 41 | 168 | |||
Administration and accounting fees | 72 | 12 | 29 | 118 | |||
Transfer agent and sub-transfer agent fees and expenses | 185 | 48 | 88 | 324 | |||
Professional fees | 32 | 33 | 30 | 34 | |||
Trustee deferred compensation plan | 2,003 | 420 | 243 | 408 | |||
Interest expense and/or commitment fees | — (a) | — (a) | — (a) | — (a) | |||
Other accrued expenses | 109 | 45 | 41 | 139 | |||
Total liabilities | 7,242 | 2,515 | 21,872 | 56,925 | |||
Net Assets | $ 891,426 | $ 155,651 | $ 338,817 | $ 1,470,416 | |||
Net Assets Consist of: | |||||||
Capital paid in on shares of beneficial interest | $ 683,198 | $ 567,793 | $ 254,334 | $ 1,076,523 | |||
Accumulated earnings (loss) | 208,228 | (412,142) | 84,483 | 393,893 | |||
Net Assets | $ 891,426 | $ 155,651 | $ 338,817 | $ 1,470,416 | |||
Net Assets: | |||||||
Class A | $ 422,719 | $ 73,311 | $ 184,745 | $ 596,144 | |||
Class C | $ 18,956 | $ 3,576 | $ 4,056 | $ 39,321 | |||
Class P | $ 210,888 | $ 26,708 | $ 20,413 | $ 239,250 | |||
Institutional Class | $ 122,996 | $ 48,096 | $ 129,083 | $ 460,452 | |||
Class R6 | $ 82,578 | $ 2,741 | $ — | $ 85,969 | |||
Administrative Class | $ 33,289 | $ 1,219 | $ 520 | $ 49,280 | |||
Shares Outstanding (unlimited number of shares authorized, no par value): | |||||||
Class A | 33,196,842 | 3,197,481 | 5,577,878 | 16,775,549 | |||
Class C | 1,454,009 | 158,848 | 120,919 | 1,373,204 | |||
Class P | 16,382,187 | 1,156,666 | 610,105 | 8,575,063 | |||
Institutional Class | 9,570,556 | 2,081,440 | 3,916,417 | 12,029,363 | |||
Class R6 | 6,456,548 | 118,718 | — | 2,248,324 | |||
Administrative Class | 2,537,598 | 52,858 | 15,454 | 1,340,116 |
NFJ Dividend Value Fund | NFJ International Value Fund | NFJ Large-Cap Value Fund | NFJ Mid-Cap Value Fund | ||||
Net Asset Value and Redemption Price Per Share:* | |||||||
Class A | $ 12.73 | $ 22.93 | $ 33.12 | $ 35.54 | |||
Class C | $ 13.04 | $ 22.51 | $ 33.54 | $ 28.63 | |||
Class P | $ 12.87 | $ 23.09 | $ 33.46 | $ 27.90 | |||
Institutional Class | $ 12.85 | $ 23.11 | $ 32.96 | $ 38.28 | |||
Class R6 | $ 12.79 | $ 23.08 | $ — | $ 38.24 | |||
Administrative Class | $ 13.12 | $ 23.06 | $ 33.66 | $ 36.77 | |||
Maximum Offering Price Per Share (NAV/(1-Maximum Sales Charge)): | |||||||
Class A | $ 13.47 | $ 24.26 | $ 35.05 | $ 37.61 | |||
Maximum Sales Charge - Class A | 5.50% | 5.50% | 5.50% | 5.50% | |||
(1) Investment in securities at cost | $ 679,494 | $ 127,657 | $ 260,360 | $ 1,168,574 | |||
(2) Foreign currency at cost | $ — | $ 811 | $ — | $ — |
(a) | Amount is less than $500. |
* | Net Asset Value and Redemption Price Per Share are calculated using unrounded net assets. |
NFJ Small-Cap Value Fund | |
Assets | |
Investment in securities at value(1) | $ 574,686 |
Cash | 95 |
Receivables | |
Investment securities sold | 884 |
Fund shares sold | 165 |
Dividends and interest | 1,048 |
Tax reclaims | 5 |
Prepaid Trustees’ retainer | 8 |
Prepaid expenses | 34 |
Other assets | 1,683 |
Total assets | 578,608 |
Liabilities | |
Payables | |
Fund shares repurchased | 3,168 |
Investment advisory fees | 223 |
Distribution and service fees | 783 |
Administration and accounting fees | 47 |
Transfer agent and sub-transfer agent fees and expenses | 209 |
Professional fees | 31 |
Trustee deferred compensation plan | 1,683 |
Interest expense and/or commitment fees | — (a) |
Other accrued expenses | 69 |
Total liabilities | 6,213 |
Net Assets | $ 572,395 |
Net Assets Consist of: | |
Capital paid in on shares of beneficial interest | $ 438,826 |
Accumulated earnings (loss) | 133,569 |
Net Assets | $ 572,395 |
Net Assets: | |
Class A | $ 325,048 |
Class C | $ 1,606 |
Class P | $ 24,149 |
Institutional Class | $ 94,847 |
Class R6 | $ 88,986 |
Administrative Class | $ 37,759 |
Shares Outstanding (unlimited number of shares authorized, no par value): | |
Class A | 20,749,518 |
Class C | 116,592 |
Class P | 1,310,684 |
Institutional Class | 5,083,008 |
Class R6 | 4,811,772 |
Administrative Class | 2,411,503 |
Net Asset Value and Redemption Price Per Share:* | |
Class A | $ 15.67 |
Class C | $ 13.78 |
Class P | $ 18.42 |
Institutional Class | $ 18.66 |
Class R6 | $ 18.49 |
Administrative Class | $ 15.66 |
NFJ Small-Cap Value Fund | |
Maximum Offering Price Per Share (NAV/(1-Maximum Sales Charge)): | |
Class A | $ 16.58 |
Maximum Sales Charge - Class A | 5.50% |
(1) Investment in securities at cost | $ 446,656 |
(a) | Amount is less than $500. |
* | Net Asset Value and Redemption Price Per Share are calculated using unrounded net assets. |
YEAR ENDED June 30, 2021
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | AllianzGI Income & Growth Fund | |||||
Investment Income | |||||||||
Dividends | $ 7,232 | $ 6,055 | $ 1,021 | $ 2,558 | $ 34,988 | ||||
Dividends from affiliates | — | — | — | — | 568 | ||||
Interest | — | — | — | — | 104,413 | ||||
Foreign taxes withheld | (1,067) | — | (76) | (96) | (21) | ||||
Total investment income | 6,165 | 6,055 | 945 | 2,462 | 139,948 | ||||
Expenses | |||||||||
Investment advisory fees | 2,248 | 5,764 | 800 | 1,415 | 39,452 | ||||
Distribution and service fees, Class A | 90 | 1,977 | 113 | 395 | 5,215 | ||||
Distribution and service fees, Class C | 20 | 500 | 37 | 39 | 13,546 | ||||
Distribution and service fees, Administrative Class | — | 14 | — | — | — | ||||
Administration and accounting fees | 743 | 3,166 | 236 | 468 | 15,295 | ||||
Transfer agent fees and expenses | 57 | 294 | 23 | 48 | 1,248 | ||||
Sub-transfer agent fees and expenses, Class A | 17 | 194 | 19 | 52 | 445 | ||||
Sub-transfer agent fees and expenses, Class C | 1 | 10 | 1 | 1 | 288 | ||||
Sub-transfer agent fees and expenses, Class R | — | 12 | — | — | 19 | ||||
Sub-transfer agent fees and expenses, Class P | 3 | 28 | 1 | — | 465 | ||||
Sub-transfer agent fees and expenses, Institutional Class | 81 | 55 | 15 | 7 | 354 | ||||
Sub-transfer agent fees and expenses, Administrative Class | — | 3 | — | — | — | ||||
Custodian fees | 83 | 50 | 41 | 24 | 166 | ||||
Printing fees and expenses | 22 | 34 | 5 | 9 | 220 | ||||
Professional fees | 34 | 37 | 29 | 33 | 65 | ||||
Interest expense and/or commitment fees | 3 | 14 | 1 | 2 | 63 | ||||
Registration fees | 3 | 5 | 3 | 3 | 18 | ||||
Trustees’ fees and expenses | 28 | 132 | 9 | 18 | 611 | ||||
Miscellaneous expenses | 11 | 31 | 2 | 4 | 140 | ||||
Total expenses | 3,444 | 12,320 | 1,335 | 2,518 | 77,610 | ||||
Less net expenses reimbursed and/or waived by investment adviser and/or administrator (1) | (846) | (868) | (11) | (3) | (1,821) | ||||
Net expenses | 2,598 | 11,452 | 1,324 | 2,515 | 75,789 | ||||
Net investment income (loss) | 3,567 | (5,397) | (379) | (53) | 64,159 | ||||
Net Realized and Unrealized Gain (Loss) on Investments | |||||||||
Net realized gain (loss) from: | |||||||||
Investments | 65,132 | 250,874 | 25,822 | 35,044 | 494,959 | ||||
Foreign currency transactions | (120) | — | 8 | 12 | — | ||||
Foreign capital gains tax | (3) | — | — | — | — | ||||
Forward foreign currency transactions | — | — | — (2) | (7) | — | ||||
Written options | — | 1,762 | — | — | 1,154 | ||||
Net change in unrealized appreciation (depreciation) on: | |||||||||
Investments | 36,542 | 240,437 | 10,704 | 8,655 | 973,463 | ||||
Investment in affiliates | — | — | — | — | 3,810 | ||||
Foreign currency transactions | 7 | — | 4 | — (2) | — | ||||
Forward foreign currency transactions | — | — | — (2) | — | — | ||||
Foreign capital gains tax | (1,042) | — | — | — | — | ||||
Written options | — | (539) | — | — | (3,095) | ||||
Net realized and unrealized gain (loss) on investments | 100,516 | 492,534 | 36,538 | 43,704 | 1,470,291 |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | AllianzGI Income & Growth Fund | |||||
Net increase (decrease) in net assets resulting from operations | $104,083 | $487,137 | $36,159 | $43,651 | $1,534,450 |
(1) | See Note 4D in Notes to Financial Statements. |
(2) | Amount is less than $500. |
AllianzGI Mid-Cap Growth Fund | AllianzGI Small-Cap Fund | AllianzGI Technology Fund | NFJ Dividend Value Fund | NFJ International Value Fund | |||||
Investment Income | |||||||||
Dividends | $ 1,292 | $ 1,413 | $ 9,609 | $ 20,483 | $ 4,306 | ||||
Foreign taxes withheld | (4) | (2) | (954) | (14) | (388) | ||||
Total investment income | 1,288 | 1,411 | 8,655 | 20,469 | 3,918 | ||||
Expenses | |||||||||
Investment advisory fees | 2,020 | 846 | 21,097 | 3,880 | 883 | ||||
Distribution and service fees, Class A | 837 | 188 | 1,903 | 1,126 | 181 | ||||
Distribution and service fees, Class C | 159 | 50 | 564 | 281 | 57 | ||||
Distribution and service fees, Administrative Class | 6 | — | 170 | 68 | 9 | ||||
Administration and accounting fees | 1,093 | 337 | 5,469 | 2,197 | 450 | ||||
Transfer agent fees and expenses | 119 | 41 | 526 | 191 | 42 | ||||
Sub-transfer agent fees and expenses, Class A | 62 | 20 | 265 | 130 | 39 | ||||
Sub-transfer agent fees and expenses, Class C | 3 | 1 | 17 | 7 | 1 | ||||
Sub-transfer agent fees and expenses, Class R | 1 | — | — | 12 | 1 | ||||
Sub-transfer agent fees and expenses, Class P | 7 | 15 | 59 | 60 | 9 | ||||
Sub-transfer agent fees and expenses, Institutional Class | 23 | 18 | 354 | 34 | 9 | ||||
Sub-transfer agent fees and expenses, Administrative Class | — (1) | — | 25 | 5 | 1 | ||||
Custodian fees | 35 | 39 | 84 | 60 | 40 | ||||
Printing fees and expenses | 14 | 9 | 76 | 61 | 17 | ||||
Professional fees | 31 | 30 | 44 | 33 | 33 | ||||
Interest expense and/or commitment fees | 4 | 1 | 25 | 10 | 2 | ||||
Registration fees | 7 | 5 | 6 | 5 | 11 | ||||
Trustees’ fees and expenses | 43 | 13 | 237 | 94 | 15 | ||||
Miscellaneous expenses | 8 | 4 | 98 | 18 | 3 | ||||
Total expenses | 4,472 | 1,617 | 31,019 | 8,272 | 1,803 | ||||
Dividend expense and interest expense on securities sold short | — | — | — (1) | — | — | ||||
Less net expenses reimbursed and/or waived by investment adviser and/or administrator (2) | — | (125) | (197) | (385) | (68) | ||||
Net expenses | 4,472 | 1,492 | 30,822 | 7,887 | 1,735 | ||||
Net investment income (loss) | (3,184) | (81) | (22,167) | 12,582 | 2,183 | ||||
Net Realized and Unrealized Gain (Loss) on Investments | |||||||||
Net realized gain (loss) from: | |||||||||
Investments | 128,765 | 29,832 | 712,617 | 71,321 | 29,083 | ||||
Foreign currency transactions | — (1) | — | 277 | — | 18 | ||||
Foreign capital gains tax | — | — | (4) | — | — | ||||
Forward foreign currency transactions | — | — | 42 | — | — | ||||
Securities sold short | — | — | (1,852) | — | — | ||||
Written options | — | — | 28,204 | — | — | ||||
Net increase from payment by affiliate(3) | 33 | — | — | — | — | ||||
Net change in unrealized appreciation (depreciation) on: | |||||||||
Investments | 50,638 | 30,187 | 115,272 | 165,714 | 16,292 | ||||
Securities sold short | — | — | 3 | — | — | ||||
Foreign currency transactions | — | — | 263 | — | 4 | ||||
Foreign capital gains tax | — | — | 3 | — | — | ||||
Written options | — | — | 4,214 | — | — | ||||
Net realized and unrealized gain (loss) on investments | 179,436 | 60,019 | 859,039 | 237,035 | 45,397 |
AllianzGI Mid-Cap Growth Fund | AllianzGI Small-Cap Fund | AllianzGI Technology Fund | NFJ Dividend Value Fund | NFJ International Value Fund | |||||
Net increase (decrease) in net assets resulting from operations | $176,252 | $59,938 | $836,872 | $249,617 | $47,580 |
(1) | Amount is less than $500. |
(2) | See Note 4D in Notes to Financial Statements. |
(3) | See Note 4G in Notes to Financial Statements. |
NFJ Large-Cap Value Fund | NFJ Mid-Cap Value Fund | NFJ Small-Cap Value Fund | |||
Investment Income | |||||
Dividends | $ 5,970 | $ 27,106 | $ 14,140 | ||
Foreign taxes withheld | — | — | (29) | ||
Total investment income | 5,970 | 27,106 | 14,111 | ||
Expenses | |||||
Investment advisory fees | 1,452 | 7,566 | 3,363 | ||
Distribution and service fees, Class A | 424 | 1,414 | 809 | ||
Distribution and service fees, Class C | 56 | 392 | 17 | ||
Distribution and service fees, Administrative Class | 2 | 103 | 96 | ||
Administration and accounting fees | 775 | 3,337 | 1,335 | ||
Transfer agent fees and expenses | 87 | 335 | 132 | ||
Sub-transfer agent fees and expenses, Class A | 56 | 207 | 174 | ||
Sub-transfer agent fees and expenses, Class C | 1 | 12 | 1 | ||
Sub-transfer agent fees and expenses, Class R | — (1) | 17 | 4 | ||
Sub-transfer agent fees and expenses, Class P | 6 | 79 | 9 | ||
Sub-transfer agent fees and expenses, Institutional Class | 44 | 130 | 23 | ||
Sub-transfer agent fees and expenses, Administrative Class | — (1) | 9 | 75 | ||
Custodian fees | 30 | 72 | 50 | ||
Printing fees and expenses | 17 | 80 | 32 | ||
Professional fees | 30 | 36 | 32 | ||
Interest expense and/or commitment fees | 3 | 15 | 6 | ||
Registration fees | 5 | 7 | 9 | ||
Trustees’ fees and expenses | 32 | 142 | 59 | ||
Miscellaneous expenses | 7 | 29 | 20 | ||
Total expenses | 3,027 | 13,982 | 6,246 | ||
Less net expenses reimbursed and/or waived by investment adviser and/or administrator (2) | — | (2,417) | (416) | ||
Net expenses | 3,027 | 11,565 | 5,830 | ||
Net investment income (loss) | 2,943 | 15,541 | 8,281 | ||
Net Realized and Unrealized Gain (Loss) on Investments | |||||
Net realized gain (loss) from: | |||||
Investments | 19,471 | 204,111 | 39,706 | ||
Foreign currency transactions | — | — | 11 | ||
Net change in unrealized appreciation (depreciation) on: | |||||
Investments | 77,782 | 239,159 | 155,565 | ||
Net realized and unrealized gain (loss) on investments | 97,253 | 443,270 | 195,282 | ||
Net increase (decrease) in net assets resulting from operations | $100,196 | $458,811 | $203,563 |
(1) | Amount is less than $500. |
(2) | See Note 4D in Notes to Financial Statements. |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | |||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||
Increase (Decrease) in Net Assets Resulting from Operations | |||||||||||
Net investment income (loss) | $ 3,567 | $ 6,519 | $ (5,397) | $ (1,159) | $ (379) | $ (497) | |||||
Net realized gain (loss) | 65,009 | (28,898) | 252,636 | 141,194 | 25,830 | 6,085 | |||||
Net change in unrealized appreciation (depreciation) | 35,507 | 9,492 | 239,898 | 84,472 | 10,708 | (8,600) | |||||
Increase (decrease) in net assets resulting from operations | 104,083 | (12,887) | 487,137 | 224,507 | 36,159 | (3,012) | |||||
Dividends and Distributions to Shareholders | |||||||||||
Net Investment Income and Net Realized Gains: | |||||||||||
Class A | (332) | (918) | (61,955) | (71,954) | (2,066) | (3,176) | |||||
Class C | (—) (1) | (32) | (7,421) | (8,749) | (208) | (499) | |||||
Class R | — | — | (2,811) | (3,434) | — | — | |||||
Class P | (215) | (382) | (11,539) | (14,031) | (213) | (647) | |||||
Institutional Class | (2,694) | (6,547) | (17,047) | (20,051) | (1,361) | (3,167) | |||||
Class R6 | (371) | (582) | (15,711) | (18,689) | — | — | |||||
Administrative Class | — | — | (563) | (696) | — | — | |||||
Total dividends and distributions to shareholders | (3,612) | (8,461) | (117,047) | (137,604) | (3,848) | (7,489) | |||||
Change in Net Assets from Capital Transactions (See Note 6): | |||||||||||
Class A | (11,810) | (13,591) | 19,585 | (14,289) | (1,210) | (6,401) | |||||
Class C | (1,106) | (1,470) | (8,647) | (3,525) | (2,124) | (2,457) | |||||
Class R | — | — | (24,766) | (2,996) | — | — | |||||
Class P | (10,319) | (6,572) | (5,468) | (9,825) | (2,742) | (5,973) | |||||
Institutional Class | (52,891) | (79,004) | (12,240) | (10,148) | (2,151) | (34,006) | |||||
Class R6 | 2,631 | (2,848) | 12,989 | (10,258) | — | — | |||||
Administrative Class | — | — | 553 | (893) | — | — | |||||
Increase (decrease) in net assets from capital transactions | (73,495) | (103,485) | (17,994) | (51,934) | (8,227) | (48,837) | |||||
Net increase (decrease) in net assets | 26,976 | (124,833) | 352,096 | 34,969 | 24,084 | (59,338) | |||||
Net Assets | |||||||||||
Beginning of period | 253,527 | 378,360 | 1,076,353 | 1,041,384 | 74,554 | 133,892 | |||||
End of Period | $ 280,503 | $ 253,527 | $ 1,428,449 | $ 1,076,353 | $ 98,638 | $ 74,554 |
(1) | Amount is less than $500. |
AllianzGI Health Sciences Fund | AllianzGI Income & Growth Fund | AllianzGI Mid-Cap Growth Fund | |||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||
Increase (Decrease) in Net Assets Resulting from Operations | |||||||||||
Net investment income (loss) | $ (53) | $ 222 | $ 64,159 | $ 73,612 | $ (3,184) | $ (2,018) | |||||
Net realized gain (loss) | 35,049 | 16,595 | 496,113 | 319,860 | 128,765 | 31,424 | |||||
Net increase from payment by affiliate(1) | — | — | — | — | 33 | — | |||||
Net change in unrealized appreciation (depreciation) | 8,655 | 2,454 | 974,178 | (99,317) | 50,638 | 30,675 | |||||
Increase (decrease) in net assets resulting from operations | 43,651 | 19,271 | 1,534,450 | 294,155 | 176,252 | 60,081 | |||||
Dividends and Distributions to Shareholders | |||||||||||
Net Investment Income and Net Realized Gains: | |||||||||||
Class A | (20,304) | (10,065) | (140,468) | (119,932) | (34,098) | (11,315) | |||||
Class C | (673) | (346) | (93,016) | (95,475) | (2,224) | (890) | |||||
Class R | — | — | (323) | (430) | (248) | (63) | |||||
Class P | (18) | — | (106,526) | (91,905) | (1,762) | (486) | |||||
Institutional Class | (1,858) | (314) | (71,571) | (59,263) | (4,702) | (2,171) | |||||
Administrative Class | — | — | — | — | (218) | (71) | |||||
Total dividends and distributions to shareholders | (22,853) | (10,725) | (411,904) | (367,005) | (43,252) | (14,996) | |||||
Change in Net Assets from Capital Transactions (See Note 6): | |||||||||||
Class A | 2,772 | (6,845) | 388,362 | 190,925 | 11,620 | (9,623) | |||||
Class C | (697) | (27) | 4,472 | 9,951 | (4,674) | (7,547) | |||||
Class R | — | — | (6,855) | 1,216 | (2,164) | 112 | |||||
Class P | 837 | — | 272,603 | 147,020 | 10,048 | 237 | |||||
Institutional Class | 8,001 | 6,464 | 323,412 | 105,314 | (9,976) | 10,352 | |||||
Administrative Class | — | — | — | — | 404 | (13) | |||||
Increase (decrease) in net assets from capital transactions | 10,913 | (408) | 981,994 | 454,426 | 5,258 | (6,482) | |||||
Net increase (decrease) in net assets | 31,711 | 8,138 | 2,104,540 | 381,576 | 138,258 | 38,603 | |||||
Net Assets | |||||||||||
Beginning of period | 163,626 | 155,488 | 4,904,582 | 4,523,006 | 350,770 | 312,167 | |||||
End of Period | $ 195,337 | $ 163,626 | $ 7,009,122 | $ 4,904,582 | $ 489,028 | $ 350,770 |
(1) | See Note 4G in Notes to Financial Statements. |
AllianzGI Small-Cap Fund | AllianzGI Technology Fund | NFJ Dividend Value Fund | |||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||
Increase (Decrease) in Net Assets Resulting from Operations | |||||||||||
Net investment income (loss) | $ (81) | $ 373 | $ (22,167) | $ (14,920) | $ 12,582 | $ 20,815 | |||||
Net realized gain (loss) | 29,832 | (8,467) | 739,284 | 312,837 | 71,321 | 19,125 | |||||
Net change in unrealized appreciation (depreciation) | 30,187 | (2,124) | 119,755 | 116,263 | 165,714 | (126,221) | |||||
Increase (decrease) in net assets resulting from operations | 59,938 | (10,218) | 836,872 | 414,180 | 249,617 | (86,281) | |||||
Dividends and Distributions to Shareholders | |||||||||||
Net Investment Income and Net Realized Gains: | |||||||||||
Class A | (78) | (36) | (139,871) | (99,021) | (5,022) | (56,081) | |||||
Class C | (—) (1) | — (1) | (17,152) | (10,444) | (105) | (6,721) | |||||
Class R | — | — | — | — | (460) | (8,916) | |||||
Class P | (73) | (55) | (29,816) | (20,910) | (3,256) | (43,500) | |||||
Institutional Class | (131) | (52) | (197,487) | (115,522) | (1,922) | (27,828) | |||||
Class R6 | (28) | (96) | — | — | (1,275) | (9,341) | |||||
Administrative Class | — | — | (13,247) | (1,648) | (386) | (4,095) | |||||
Total dividends and distributions to shareholders | (310) | (239) | (397,573) | (247,545) | (12,426) | (156,482) | |||||
Change in Net Assets from Capital Transactions (See Note 6): | |||||||||||
Class A | (2,656) | (1,114) | 6,290 | 15,330 | (3,614) | (34,714) | |||||
Class C | (1,549) | (3,108) | 96 | 1,255 | (27,778) | (25,400) | |||||
Class R | — | — | — | — | (66,178) | (7,699) | |||||
Class P | 2,947 | 8,516 | 2,894 | (14,825) | (69,232) | (90,786) | |||||
Institutional Class | 1,705 | 14,656 | 135,952 | 92,520 | (27,513) | (103,785) | |||||
Class R6 | (3,921) | (8,939) | — | — | 2,320 | 9,081 | |||||
Administrative Class | — | — | 72,833 | (729) | 29 | (14,976) | |||||
Increase (decrease) in net assets from capital transactions | (3,474) | 10,011 | 218,065 | 93,551 | (191,966) | (268,279) | |||||
Net increase (decrease) in net assets | 56,154 | (446) | 657,364 | 260,186 | 45,225 | (511,042) | |||||
Net Assets | |||||||||||
Beginning of period | 110,202 | 110,648 | 1,877,442 | 1,617,256 | 846,201 | 1,357,243 | |||||
End of Period | $ 166,356 | $ 110,202 | $ 2,534,806 | $ 1,877,442 | $ 891,426 | $ 846,201 |
(1) | Amount is less than $500. |
NFJ International Value Fund | NFJ Large-Cap Value Fund | ||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||
Increase (Decrease) in Net Assets Resulting from Operations | |||||||
Net investment income (loss) | $ 2,183 | $ 3,278 | $ 2,943 | $ 4,812 | |||
Net realized gain (loss) | 29,101 | (19,915) | 19,471 | 515 | |||
Net change in unrealized appreciation (depreciation) | 16,296 | 4,997 | 77,782 | (18,371) | |||
Increase (decrease) in net assets resulting from operations | 47,580 | (11,640) | 100,196 | (13,044) | |||
Dividends and Distributions to Shareholders | |||||||
Net Investment Income and Net Realized Gains: | |||||||
Class A | (1,133) | (1,405) | (1,253) | (5,831) | |||
Class C | (71) | (148) | (4) | (249) | |||
Class R | (62) | (100) | (5) | (59) | |||
Class P | (494) | (710) | (176) | (655) | |||
Institutional Class | (870) | (1,056) | (1,404) | (3,758) | |||
Class R6 | (35) | (33) | — | — | |||
Administrative Class | (92) | (27) | (5) | (45) | |||
Total dividends and distributions to shareholders | (2,757) | (3,479) | (2,847) | (10,597) | |||
Change in Net Assets from Capital Transactions (See Note 6): | |||||||
Class A | (1,129) | (10,703) | (15,877) | (12,646) | |||
Class C | (5,828) | (5,391) | (5,531) | (3,389) | |||
Class R | (5,730) | (1,297) | (1,567) | (674) | |||
Class P | (3,918) | (12,438) | (391) | (1,939) | |||
Institutional Class | (1,414) | (5,231) | (2,360) | (35,146) | |||
Class R6 | 1,073 | 24 | — | — | |||
Administrative Class | (1,691) | (186) | (827) | (75) | |||
Increase (decrease) in net assets from capital transactions | (18,637) | (35,222) | (26,553) | (53,869) | |||
Net increase (decrease) in net assets | 26,186 | (50,341) | 70,796 | (77,510) | |||
Net Assets | |||||||
Beginning of period | 129,465 | 179,806 | 268,021 | 345,531 | |||
End of Period | $ 155,651 | $ 129,465 | $ 338,817 | $ 268,021 |
NFJ Mid-Cap Value Fund | NFJ Small-Cap Value Fund | ||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||
Increase (Decrease) in Net Assets Resulting from Operations | |||||||
Net investment income (loss) | $ 15,541 | $ 19,077 | $ 8,281 | $ 11,192 | |||
Net realized gain (loss) | 204,111 | (50,734) | 39,717 | 15,557 | |||
Net change in unrealized appreciation (depreciation) | 239,159 | (94,080) | 155,565 | (133,222) | |||
Increase (decrease) in net assets resulting from operations | 458,811 | (125,737) | 203,563 | (106,473) | |||
Dividends and Distributions to Shareholders | |||||||
Net Investment Income and Net Realized Gains: | |||||||
Class A | (5,490) | (47,357) | (6,283) | (34,923) | |||
Class C | (140) | (4,329) | (25) | (223) | |||
Class R | (188) | (1,915) | (213) | (1,588) | |||
Class P | (4,347) | (21,722) | (494) | (2,577) | |||
Institutional Class | (6,026) | (33,543) | (2,006) | (11,170) | |||
Class R6 | (1,245) | (5,445) | (1,728) | (10,203) | |||
Administrative Class | (405) | (2,689) | (739) | (9,277) | |||
Total dividends and distributions to shareholders | (17,841) | (117,000) | (11,488) | (69,961) | |||
Change in Net Assets from Capital Transactions (See Note 6): | |||||||
Class A | (49,641) | (22,871) | (44,138) | (81,815) | |||
Class C | (10,522) | (2,012) | (614) | (1,826) | |||
Class R | (21,908) | (167) | (19,765) | (3,129) | |||
Class P | (46,511) | 57,928 | (5,628) | (10,063) | |||
Institutional Class | (63,448) | 49,295 | (40,173) | (157,700) | |||
Class R6 | (6,229) | 61,611 | (27,873) | (32,157) | |||
Administrative Class | 2,378 | 11,479 | (9,675) | (60,308) | |||
Increase (decrease) in net assets from capital transactions | (195,881) | 155,263 | (147,866) | (346,998) | |||
Net increase (decrease) in net assets | 245,089 | (87,474) | 44,209 | (523,432) | |||
Net Assets | |||||||
Beginning of period | 1,225,327 | 1,312,801 | 528,186 | 1,051,618 | |||
End of Period | $ 1,470,416 | $ 1,225,327 | $ 572,395 | $ 528,186 |
THROUGHOUT EACH PERIOD
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Emerging Markets Opportunities Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.88 | 0.33 | 11.71 | 12.04 | (0.31) | — | — | (0.31) | — | 11.73 | $ 37.61 | 46.70 % | $ 33,740 | 1.28 % (6) | 1.57 % | 0.98 % | 80 % | |
7/1/19 to 6/30/20 | 27.06 | 0.46 | (1.08) | (0.62) | (0.56) | — | — | (0.56) | — | (1.18) | 25.88 | (2.45) | 32,514 | 1.28 | 1.63 | 1.75 | 83 | |
7/1/18 to 6/30/19 | 28.53 | 0.56 | (1.55) | (0.99) | (0.48) | — | — | (0.48) | — | (1.47) | 27.06 | (3.29) | 48,388 | 1.26 | 1.61 | 2.08 | 101 | |
7/1/17 to 6/30/18 | 26.59 | 0.41 | 1.85 | 2.26 | (0.32) | — | — | (0.32) | — | 1.94 | 28.53 | 8.44 | 108,279 | 1.26 | 1.61 | 1.36 | 88 | |
7/1/16 to 6/30/17 | 22.60 | 0.41 | 3.98 | 4.39 | (0.40) | — | — | (0.40) | — | 3.99 | 26.59 | 19.76 | 154,357 | 1.42 | 1.62 | 1.69 | 155 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.69 | 0.07 | 11.65 | 11.72 | — (7) | — | — | — | — | 11.72 | $ 37.41 | 45.62 % | $ 1,713 | 2.03 % (6) | 2.30 % | 0.22 % | 80 % | |
7/1/19 to 6/30/20 | 26.81 | 0.28 | (1.10) | (0.82) | (0.30) | — | — | (0.30) | — | (1.12) | 25.69 | (3.16) | 2,022 | 2.03 | 2.38 | 1.08 | 83 | |
7/1/18 to 6/30/19 | 28.05 | 0.31 | (1.45) | (1.14) | (0.10) | — | — | (0.10) | — | (1.24) | 26.81 | (4.05) | 3,675 | 2.01 | 2.36 | 1.15 | 101 | |
7/1/17 to 6/30/18 | 26.13 | 0.16 | 1.84 | 2.00 | (0.08) | — | — | (0.08) | — | 1.92 | 28.05 | 7.63 | 8,113 | 2.01 | 2.36 | 0.55 | 88 | |
7/1/16 to 6/30/17 | 22.09 | 0.19 | 3.96 | 4.15 | (0.11) | — | — | (0.11) | — | 4.04 | 26.13 | 18.91 | 8,982 | 2.17 | 2.37 | 0.80 | 155 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.30 | 0.33 | 11.53 | 11.86 | (0.45) | — | — | (0.45) | — | 11.41 | $ 36.71 | 47.12 % | $ 7,945 | 1.02 % (6) | 1.32 % | 1.05 % | 80 % | |
7/1/19 to 6/30/20 | 26.46 | 0.53 | (1.06) | (0.53) | (0.63) | — | — | (0.63) | — | (1.16) | 25.30 | (2.19) | 12,814 | 1.03 | 1.38 | 2.07 | 83 | |
7/1/18 to 6/30/19 | 28.02 | 0.55 | (1.47) | (0.92) | (0.64) | — | — | (0.64) | — | (1.56) | 26.46 | (3.05) | 20,454 | 1.01 | 1.36 | 2.08 | 101 | |
7/1/17 to 6/30/18 | 26.17 | 0.46 | 1.84 | 2.30 | (0.45) | — | — | (0.45) | — | 1.85 | 28.02 | 8.71 | 29,887 | 1.01 | 1.36 | 1.55 | 88 | |
7/1/16 to 6/30/17 | 22.23 | 0.44 | 3.94 | 4.38 | (0.44) | — | — | (0.44) | — | 3.94 | 26.17 | 20.11 | 21,586 | 1.17 | 1.37 | 1.86 | 155 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.91 | 0.48 | 11.70 | 12.18 | (0.47) | — | — | (0.47) | — | 11.71 | $ 37.62 | 47.27 % | $ 206,383 | 0.93 % (6) | 1.26 % | 1.43 % | 80 % | |
7/1/19 to 6/30/20 | 27.10 | 0.54 | (1.06) | (0.52) | (0.67) | — | — | (0.67) | — | (1.19) | 25.91 | (2.11) | 186,595 | 0.93 | 1.28 | 2.05 | 83 | |
7/1/18 to 6/30/19 | 28.72 | 0.54 | (1.47) | (0.93) | (0.69) | — | — | (0.69) | — | (1.62) | 27.10 | (2.97) | 282,196 | 0.91 | 1.26 | 2.03 | 101 | |
7/1/17 to 6/30/18 | 26.83 | 0.53 | 1.85 | 2.38 | (0.49) | — | — | (0.49) | — | 1.89 | 28.72 | 8.79 | 197,536 | 0.91 | 1.26 | 1.74 | 88 | |
7/1/16 to 6/30/17 | 22.74 | 0.49 | 4.03 | 4.52 | (0.43) | — | — | (0.43) | — | 4.09 | 26.83 | 20.26 | 72,688 | 1.07 | 1.27 | 2.02 | 155 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.78 | 0.49 | 11.64 | 12.13 | (0.51) | — | — | (0.51) | — | 11.62 | $ 37.40 | 47.34 % | $ 30,722 | 0.88 % (6) | 1.18 % | 1.47 % | 80 % | |
7/1/19 to 6/30/20 | 26.96 | 0.54 | (1.03) | (0.49) | (0.69) | — | — | (0.69) | — | (1.18) | 25.78 | (2.04) | 19,582 | 0.88 | 1.23 | 2.10 | 83 | |
7/1/18 to 6/30/19 | 28.57 | 0.57 | (1.48) | (0.91) | (0.70) | — | — | (0.70) | — | (1.61) | 26.96 | (2.93) | 23,647 | 0.86 | 1.21 | 2.13 | 101 | |
7/1/17 to 6/30/18 | 26.69 | 0.62 | 1.76 | 2.38 | (0.50) | — | — | (0.50) | — | 1.88 | 28.57 | 8.85 | 24,277 | 0.86 | 1.21 | 2.03 | 88 | |
7/1/16 to 6/30/17 | 22.69 | 0.60 | 3.90 | 4.50 | (0.50) | — | — | (0.50) | — | 4.00 | 26.69 | 20.27 | 692 | 1.02 | 1.22 | 2.46 | 155 | |
AllianzGI Focused Growth Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $58.46 | (0.35) | 27.26 | 26.91 | — | — | (6.12) | (6.12) | — | 20.79 | $ 79.25 | 47.50 % | $ 860,373 | 0.97 % (6) | 1.04 % | (0.50) % | 50 % | |
7/1/19 to 6/30/20 | 53.33 | (0.10) | 12.28 | 12.18 | — | — | (7.05) | (7.05) | — | 5.13 | 58.46 | 24.74 | 618,302 | 1.00 | 1.12 | (0.20) | 63 | |
7/1/18 to 6/30/19 | 56.83 | (0.08) | 2.48 | 2.40 | — | — | (5.90) | (5.90) | — | (3.50) | 53.33 | 6.79 | 577,106 | 1.00 | 1.12 | (0.15) | 50 | |
7/1/17 to 6/30/18 | 46.62 | — (7) | 10.92 | 10.92 | — | — | (0.71) | (0.71) | — | 10.21 | 56.83 | 23.53 | 421,188 | 0.99 | 1.11 | — | 40 | |
7/1/16 to 6/30/17 | 40.72 | 0.06 | 6.85 | 6.91 | — | — | (1.01) | (1.01) | — | 5.90 | 46.62 | 17.29 | 373,359 | 1.05 | 1.11 | 0.15 | 46 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Focused Growth Fund (Continued) | ||||||||||||||||||
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $34.58 | (0.50) | 15.71 | 15.21 | — | — | (6.12) | (6.12) | — | 9.09 | $ 43.67 | 46.39 % | $ 48,650 | 1.73 % (8) | 1.79 % | (1.25) % | 50 % | |
7/1/19 to 6/30/20 | 34.42 | (0.31) | 7.52 | 7.21 | — | — | (7.05) | (7.05) | — | 0.16 | 34.58 | 23.79 | 45,878 | 1.77 | 1.87 | (0.97) | 63 | |
7/1/18 to 6/30/19 | 39.41 | (0.36) | 1.27 | 0.91 | — | — | (5.90) | (5.90) | — | (4.99) | 34.42 | 5.93 | 48,706 | 1.77 | 1.87 | (0.93) | 50 | |
7/1/17 to 6/30/18 | 32.76 | (0.29) | 7.65 | 7.36 | — | — | (0.71) | (0.71) | — | 6.65 | 39.41 | 22.59 | 233,854 | 1.76 | 1.86 | (0.77) | 40 | |
7/1/16 to 6/30/17 | 29.12 | (0.19) | 4.84 | 4.65 | — | — | (1.01) | (1.01) | — | 3.64 | 32.76 | 16.40 | 217,685 | 1.81 | 1.86 | (0.62) | 46 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $41.83 | (0.13) | 19.27 | 19.14 | — | — | (6.12) | (6.12) | — | 13.02 | $ 54.85 | 47.83 % | $ 105,688 | 0.73 % (8) | 0.80 % | (0.26) % | 50 % | |
7/1/19 to 6/30/20 | 39.91 | 0.01 | 8.96 | 8.97 | — | — | (7.05) | (7.05) | — | 1.92 | 41.83 | 25.03 | 84,929 | 0.77 | 0.87 | 0.03 | 63 | |
7/1/18 to 6/30/19 | 44.18 | 0.03 | 1.60 | 1.63 | — | — | (5.90) | (5.90) | — | (4.27) | 39.91 | 7.01 | 91,265 | 0.77 | 0.87 | 0.09 | 50 | |
7/1/17 to 6/30/18 | 36.33 | 0.09 | 8.52 | 8.61 | (0.05) | — | (0.71) | (0.76) | — | 7.85 | 44.18 | 23.84 | 109,456 | 0.76 | 0.86 | 0.23 | 40 | |
7/1/16 to 6/30/17 | 31.88 | 0.14 | 5.32 | 5.46 | — | — | (1.01) | (1.01) | — | 4.45 | 36.33 | 17.54 | 80,667 | 0.81 | 0.86 | 0.41 | 46 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $53.11 | (0.12) | 24.71 | 24.59 | — | — | (6.12) | (6.12) | — | 18.47 | $ 71.58 | 47.94 % | $ 209,066 | 0.67 % | 0.74 % | (0.19) % | 50 % | |
7/1/19 to 6/30/20 | 48.89 | 0.06 | 11.21 | 11.27 | — | — | (7.05) | (7.05) | — | 4.22 | 53.11 | 25.15 | 165,726 | 0.67 | 0.77 | 0.13 | 63 | |
7/1/18 to 6/30/19 | 52.51 | 0.09 | 2.19 | 2.28 | — | — | (5.90) | (5.90) | — | (3.62) | 48.89 | 7.15 | 162,173 | 0.67 | 0.77 | 0.18 | 50 | |
7/1/17 to 6/30/18 | 43.02 | 0.16 | 10.08 | 10.24 | (0.04) | — | (0.71) | (0.75) | — | 9.49 | 52.51 | 23.93 | 177,278 | 0.66 | 0.76 | 0.33 | 40 | |
7/1/16 to 6/30/17 | 37.53 | 0.20 | 6.30 | 6.50 | — | — | (1.01) | (1.01) | — | 5.49 | 43.02 | 17.67 | 195,161 | 0.71 | 0.76 | 0.50 | 46 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $53.23 | (0.10) | 24.79 | 24.69 | — | — | (6.12) | (6.12) | — | 18.57 | $ 71.80 | 48.02 % | $ 198,031 | 0.62 % | 0.68 % | (0.15) % | 50 % | |
7/1/19 to 6/30/20 | 48.96 | 0.09 | 11.23 | 11.32 | — | — | (7.05) | (7.05) | — | 4.27 | 53.23 | 25.22 | 136,519 | 0.62 | 0.72 | 0.19 | 63 | |
7/1/18 to 6/30/19 | 52.56 | 0.11 | 2.19 | 2.30 | — | — | (5.90) | (5.90) | — | (3.60) | 48.96 | 7.18 | 134,485 | 0.62 | 0.72 | 0.23 | 50 | |
7/1/17 to 6/30/18 | 43.04 | 0.19 | 10.10 | 10.29 | (0.06) | — | (0.71) | (0.77) | — | 9.52 | 52.56 | 24.03 | 114,054 | 0.61 | 0.71 | 0.38 | 40 | |
7/1/16 to 6/30/17 | 37.53 | 0.21 | 6.31 | 6.52 | — | — | (1.01) | (1.01) | — | 5.51 | 43.04 | 17.72 | 36,374 | 0.66 | 0.71 | 0.53 | 46 | |
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $48.56 | (0.26) | 22.51 | 22.25 | — | — | (6.12) | (6.12) | — | 16.13 | $ 64.69 | 47.60 % | $ 6,641 | 0.92 % | 1.00 % | (0.44) % | 50 % | |
7/1/19 to 6/30/20 | 45.36 | (0.05) | 10.30 | 10.25 | — | — | (7.05) | (7.05) | — | 3.20 | 48.56 | 24.84 | 4,518 | 0.92 | 1.02 | (0.11) | 63 | |
7/1/18 to 6/30/19 | 49.33 | (0.04) | 1.97 | 1.93 | — | — | (5.90) | (5.90) | — | (3.97) | 45.36 | 6.88 | 5,138 | 0.92 | 1.02 | (0.08) | 50 | |
7/1/17 to 6/30/18 | 40.51 | 0.03 | 9.50 | 9.53 | — | — | (0.71) | (0.71) | — | 8.82 | 49.33 | 23.63 | 4,017 | 0.91 | 1.01 | 0.07 | 40 | |
7/1/16 to 6/30/17 | 35.48 | 0.09 | 5.95 | 6.04 | — | — | (1.01) | (1.01) | — | 5.03 | 40.51 | 17.39 | 4,288 | 0.96 | 1.01 | 0.25 | 46 | |
AllianzGI Global Small-Cap Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $35.72 | (0.25) | 19.01 | 18.76 | — | — | (2.17) | (2.17) | — | 16.59 | $ 52.31 | 53.24 % | $ 51,169 | 1.60 % (8) | 1.60 % | (0.54) % | 106 % | |
7/1/19 to 6/30/20 | 39.37 | (0.23) | (0.47) | (0.70) | — | — | (2.95) | (2.95) | — | (3.65) | 35.72 | (2.20) | 36,141 | 1.63 | 1.63 | (0.63) | 93 | |
7/1/18 to 6/30/19 | 51.40 | (0.14) | (3.88) | (4.02) | — | — | (8.01) | (8.01) | — | (12.03) | 39.37 | (4.64) | 46,947 | 1.62 | 1.62 | (0.34) | 85 | |
7/1/17 to 6/30/18 | 47.75 | (0.26) | 8.28 | 8.02 | (0.10) | — | (4.27) | (4.37) | — | 3.65 | 51.40 (9) | 17.08 (9) | 56,929 | 1.62 | 1.62 | (0.51) | 77 | |
7/1/16 to 6/30/17 | 41.18 | (0.14) | 6.71 | 6.57 | — | — | — | — | — | 6.57 | 47.75 (9) | 15.96 (9) | 56,686 | 1.61 | 1.61 | (0.32) | 80 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Global Small-Cap Fund (Continued) | ||||||||||||||||||
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $29.36 | (0.50) | 15.55 | 15.05 | — | — | (2.17) | (2.17) | — | 12.88 | $ 42.24 | 52.11 % | $ 3,374 | 2.35 % (8) | 2.35 % | (1.34) % | 106 % | |
7/1/19 to 6/30/20 | 33.10 | (0.42) | (0.37) | (0.79) | — | — | (2.95) | (2.95) | — | (3.74) | 29.36 | (2.92) | 4,120 | 2.38 | 2.38 | (1.39) | 93 | |
7/1/18 to 6/30/19 | 45.13 | (0.45) | (3.57) | (4.02) | — | — | (8.01) | (8.01) | — | (12.03) | 33.10 | (5.37) | 7,354 | 2.37 | 2.37 | (1.18) | 85 | |
7/1/17 to 6/30/18 | 42.62 | (0.57) | 7.35 | 6.78 | — | — | (4.27) | (4.27) | — | 2.51 | 45.13 (9) | 16.21 (9) | 19,630 | 2.37 | 2.37 | (1.25) | 77 | |
7/1/16 to 6/30/17 | 37.03 | (0.42) | 6.01 | 5.59 | — | — | — | — | — | 5.59 | 42.62 (9) | 15.10 (9) | 19,729 | 2.36 | 2.36 | (1.06) | 80 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $38.89 | (0.19) | 20.79 | 20.60 | — | — | (2.17) | (2.17) | — | 18.43 | $ 57.32 | 53.64 % | $ 3,609 | 1.35 % (8) | 1.35 % | (0.38) % | 106 % | |
7/1/19 to 6/30/20 | 42.51 | (0.18) | (0.49) | (0.67) | — | — | (2.95) | (2.95) | — | (3.62) | 38.89 | (1.96) | 4,444 | 1.37 | 1.37 | (0.44) | 93 | |
7/1/18 to 6/30/19 | 54.57 | (0.06) | (3.99) | (4.05) | — | — | (8.01) | (8.01) | — | (12.06) | 42.51 | (4.40) | 11,675 | 1.37 | 1.37 | (0.13) | 85 | |
7/1/17 to 6/30/18 | 50.40 | (0.15) | 8.75 | 8.60 | (0.16) | — | (4.27) | (4.43) | — | 4.17 | 54.57 (9) | 17.36 (9) | 18,262 | 1.37 | 1.37 | (0.27) | 77 | |
7/1/16 to 6/30/17 | 43.36 | 0.02 | 7.02 | 7.04 | — | — | — | — | — | 7.04 | 50.40 (9) | 16.24 (9) | 23,214 | 1.36 | 1.36 | 0.03 | 80 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $39.39 | (0.10) | 21.01 | 20.91 | — | — | (2.17) | (2.17) | — | 18.74 | $ 58.13 | 53.75 % | $ 40,486 | 1.27 % (6) | 1.30 % | (0.20) % | 106 % | |
7/1/19 to 6/30/20 | 42.97 | (0.13) | (0.50) | (0.63) | — | — | (2.95) | (2.95) | — | (3.58) | 39.39 | (1.84) | 29,849 | 1.27 | 1.27 | (0.32) | 93 | |
7/1/18 to 6/30/19 | 55.01 | 0.01 | (4.04) | (4.03) | — | — | (8.01) | (8.01) | — | (12.04) | 42.97 | (4.32) | 67,916 | 1.27 | 1.27 | 0.01 | 85 | |
7/1/17 to 6/30/18 | 50.77 | (0.09) | 8.81 | 8.72 | (0.21) | — | (4.27) | (4.48) | — | 4.24 | 55.01 (9) | 17.48 (9) | 98,623 | 1.27 | 1.27 | (0.17) | 77 | |
7/1/16 to 6/30/17 | 43.63 | 0.02 | 7.12 | 7.14 | — | — | — | — | — | 7.14 | 50.77 (9) | 16.36 (9) | 114,925 | 1.26 | 1.26 | 0.05 | 80 | |
AllianzGI Health Sciences Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $34.21 | (0.01) | 8.76 | 8.75 | (0.03) | — | (4.82) | (4.85) | — | 3.90 | $ 38.11 | 27.66 % | $ 169,577 | 1.43 %��� (8) | 1.43 % | (0.04) % | 102 % | |
7/1/19 to 6/30/20 | 32.27 | 0.05 | 4.22 | 4.27 | (0.01) | — | (2.32) | (2.33) | — | 1.94 | 34.21 | 13.37 | 148,223 | 1.47 | 1.47 | 0.15 | 91 | |
7/1/18 to 6/30/19 | 33.27 | 0.02 | 3.57 | 3.59 | (0.31) | — | (4.28) | (4.59) | — | (1.00) | 32.27 | 13.14 | 147,068 | 1.47 | 1.47 | 0.06 | 102 | |
7/1/17 to 6/30/18 | 31.61 | (0.02) | 1.68 | 1.66 | — | — | — | — | — | 1.66 | 33.27 | 5.25 | 141,122 | 1.47 | 1.47 | (0.05) | 55 | |
7/1/16 to 6/30/17 | 27.77 | (0.01) | 3.85 | 3.84 | — | — | — | — | — | 3.84 | 31.61 | 13.83 | 150,756 | 1.46 | 1.46 | (0.04) | 82 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.44 | (0.21) | 6.33 | 6.12 | — (7) | — | (4.82) | (4.82) | — | 1.30 | $ 26.74 | 26.73 % | $ 3,758 | 2.18 % (8) | 2.18 % | (0.80) % | 102 % | |
7/1/19 to 6/30/20 | 24.71 | (0.15) | 3.20 | 3.05 | — | — | (2.32) | (2.32) | — | 0.73 | 25.44 | 12.52 | 4,221 | 2.22 | 2.22 | (0.60) | 91 | |
7/1/18 to 6/30/19 | 26.43 | (0.19) | 2.75 | 2.56 | — | — | (4.28) | (4.28) | — | (1.72) | 24.71 | 12.34 | 4,131 | 2.22 | 2.22 | (0.75) | 102 | |
7/1/17 to 6/30/18 | 25.30 | (0.21) | 1.34 | 1.13 | — | — | — | — | — | 1.13 | 26.43 | 4.47 | 8,218 | 2.22 | 2.22 | (0.81) | 55 | |
7/1/16 to 6/30/17 | 22.40 | (0.18) | 3.08 | 2.90 | — | — | — | — | — | 2.90 | 25.30 | 12.95 | 10,358 | 2.21 | 2.21 | (0.79) | 82 | |
Class P | ||||||||||||||||||
7/13/20 (10) to 6/30/21 | $35.14 | 0.09 | 8.62 | 8.71 | (0.24) | — | (4.82) | (5.06) | — | 3.65 | $ 38.79 | 26.91 % | $ 880 | 1.13 % (8) | 1.13 % | 0.25 % | 102 % (11) | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $34.85 | 0.10 | 8.94 | 9.04 | (0.20) | — | (4.82) | (5.02) | — | 4.02 | $ 38.87 | 28.07 % | $ 21,122 | 1.12 % | 1.14 % | 0.28 % | 102 % | |
7/1/19 to 6/30/20 | 32.76 | 0.15 | 4.30 | 4.45 | (0.04) | — | (2.32) | (2.36) | — | 2.09 | 34.85 | 13.76 | 11,182 | 1.12 | 1.12 | 0.45 | 91 | |
7/1/18 to 6/30/19 | 33.69 | 0.13 | 3.63 | 3.76 | (0.41) | — | (4.28) | (4.69) | — | (0.93) | 32.76 | 13.54 | 4,290 | 1.12 | 1.12 | 0.39 | 102 | |
7/1/17 to 6/30/18 | 31.90 | 0.10 | 1.69 | 1.79 | — | — | — | — | — | 1.79 | 33.69 | 5.61 | 2,854 | 1.12 | 1.12 | 0.29 | 55 | |
7/1/16 to 6/30/17 | 27.93 | 0.09 | 3.88 | 3.97 | — | — | — | — | — | 3.97 | 31.90 | 14.21 | 3,692 | 1.11 | 1.11 | 0.31 | 82 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Income & Growth Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $10.89 | 0.14 | 3.07 | 3.21 | (0.19) | — | (0.65) | (0.84) | — | 2.37 | $ 13.26 | 30.29 % | $2,403,182 | 1.19 % (6)(8) | 1.22 % | 1.11 % | 83 % | |
7/1/19 to 6/30/20 | 11.01 | 0.18 | 0.54 | 0.72 | (0.21) | — | (0.63) | (0.84) | — | (0.12) | 10.89 | 6.98 | 1,631,126 | 1.28 | 1.29 | 1.65 | 93 | |
7/1/18 to 6/30/19 | 11.34 | 0.20 | 0.38 | 0.58 | (0.25) | — | (0.66) | (0.91) | — | (0.33) | 11.01 (9) | 5.45 (9) | 1,458,642 | 1.28 | 1.29 | 1.84 | 66 | |
7/1/17 to 6/30/18 | 11.24 | 0.23 | 0.82 | 1.05 | (0.28) | — | (0.67) | (0.95) | — | 0.10 | 11.34 | 9.58 | 1,250,639 | 1.28 | 1.29 | 1.99 | 102 | |
7/1/16 to 6/30/17 | 10.80 | 0.27 | 1.17 | 1.44 | (0.32) | — | (0.68) | (1.00) | — | 0.44 | 11.24 | 13.88 | 1,091,888 | 1.29 | 1.29 | 2.45 | 159 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.89 | 0.04 | 2.78 | 2.82 | (0.12) | — | (0.65) | (0.77) | — | 2.05 | $ 11.94 | 29.31 % | $1,467,948 | 1.95 % (6)(8) | 1.98 % | 0.36 % | 83 % | |
7/1/19 to 6/30/20 | 10.07 | 0.09 | 0.50 | 0.59 | (0.14) | — | (0.63) | (0.77) | — | (0.18) | 9.89 | 6.31 | 1,215,780 | 2.03 | 2.04 | 0.90 | 93 | |
7/1/18 to 6/30/19 | 10.46 | 0.11 | 0.34 | 0.45 | (0.18) | — | (0.66) | (0.84) | — | (0.39) | 10.07 (9) | 4.60 (9) | 1,234,667 | 2.03 | 2.04 | 1.09 | 66 | |
7/1/17 to 6/30/18 | 10.44 | 0.13 | 0.76 | 0.89 | (0.20) | — | (0.67) | (0.87) | — | 0.02 | 10.46 | 8.78 | 1,116,788 | 2.03 | 2.04 | 1.24 | 102 | |
7/1/16 to 6/30/17 | 10.10 | 0.18 | 1.09 | 1.27 | (0.25) | — | (0.68) | (0.93) | — | 0.34 | 10.44 | 13.08 | 1,090,887 | 2.04 | 2.04 | 1.70 | 159 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $11.20 | 0.17 | 3.17 | 3.34 | (0.22) | — | (0.65) | (0.87) | — | 2.47 | $ 13.67 | 30.61 % | $1,822,852 | 0.95 % (6)(8) | 0.98 % | 1.35 % | 83 % | |
7/1/19 to 6/30/20 | 11.29 | 0.21 | 0.57 | 0.78 | (0.24) | — | (0.63) | (0.87) | — | (0.09) | 11.20 | 7.32 | 1,253,364 | 1.03 | 1.04 | 1.90 | 93 | |
7/1/18 to 6/30/19 | 11.61 | 0.23 | 0.38 | 0.61 | (0.27) | — | (0.66) | (0.93) | — | (0.32) | 11.29 (9) | 5.64 (9) | 1,122,083 | 1.03 | 1.04 | 2.09 | 66 | |
7/1/17 to 6/30/18 | 11.48 | 0.26 | 0.84 | 1.10 | (0.30) | — | (0.67) | (0.97) | — | 0.13 | 11.61 | 9.90 | 897,716 | 1.03 | 1.04 | 2.24 | 102 | |
7/1/16 to 6/30/17 | 11.01 | 0.31 | 1.19 | 1.50 | (0.35) | — | (0.68) | (1.03) | — | 0.47 | 11.48 | 14.14 | 690,147 | 1.04 | 1.04 | 2.69 | 159 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $11.32 | 0.18 | 3.20 | 3.38 | (0.22) | — | (0.65) | (0.87) | — | 2.51 | $ 13.83 | 30.71 % | $1,315,140 | 0.90 % (6) | 0.93 % | 1.40 % | 83 % | |
7/1/19 to 6/30/20 | 11.41 | 0.22 | 0.57 | 0.79 | (0.25) | — | (0.63) | (0.88) | — | (0.09) | 11.32 | 7.35 | 798,280 | 0.93 | 0.94 | 2.00 | 93 | |
7/1/18 to 6/30/19 | 11.72 | 0.25 | 0.38 | 0.63 | (0.28) | — | (0.66) | (0.94) | — | (0.31) | 11.41 (9) | 5.78 (9) | 702,741 | 0.93 | 0.94 | 2.19 | 66 | |
7/1/17 to 6/30/18 | 11.58 | 0.28 | 0.84 | 1.12 | (0.31) | — | (0.67) | (0.98) | — | 0.14 | 11.72 | 10.00 | 460,024 | 0.93 | 0.94 | 2.34 | 102 | |
7/1/16 to 6/30/17 | 11.09 | 0.32 | 1.21 | 1.53 | (0.36) | — | (0.68) | (1.04) | — | 0.49 | 11.58 | 14.33 | 342,652 | 0.94 | 0.94 | 2.76 | 159 | |
AllianzGI Mid-Cap Growth Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 4.30 | (0.04) | 2.26 | 2.22 | — | — | (0.58) | (0.58) | — (7) | 1.64 | $ 5.94 | 53.25 % (12) | $ 376,649 | 1.06 % (8) | 1.06 % | (0.76) % | 85 % | |
7/1/19 to 6/30/20 | 3.75 | (0.02) | 0.75 | 0.73 | — | — | (0.18) | (0.18) | — | 0.55 | 4.30 | 20.15 | 263,361 | 1.14 | 1.14 | (0.66) | 53 | |
7/1/18 to 6/30/19 | 3.88 | (0.02) | 0.37 | 0.35 | — | — | (0.48) | (0.48) | — | (0.13) | 3.75��� | 13.58 | 240,017 | 1.14 | 1.14 | (0.66) | 60 | |
7/1/17 to 6/30/18 | 3.74 | (0.02) | 0.54 | 0.52 | — | — | (0.38) | (0.38) | — | 0.14 | 3.88 | 14.14 | 116,673 | 1.13 | 1.13 | (0.48) | 79 | |
7/1/16 to 6/30/17 | 3.40 | (0.01) | 0.62 | 0.61 | — | — | (0.27) | (0.27) | — | 0.34 | 3.74 | 18.89 | 112,947 | 1.13 | 1.13 | (0.40) | 77 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 3.35 | (0.06) | 1.74 | 1.68 | — | — | (0.58) | (0.58) | — (7) | 1.10 | $ 4.45 | 52.17 % (12) | $ 15,282 | 1.82 % (8) | 1.82 % | (1.52) % | 85 % | |
7/1/19 to 6/30/20 | 2.98 | (0.04) | 0.59 | 0.55 | — | — | (0.18) | (0.18) | — | 0.37 | 3.35 | 19.29 | 15,495 | 1.89 | 1.89 | (1.41) | 53 | |
7/1/18 to 6/30/19 | 3.23 | (0.04) | 0.27 | 0.23 | — | — | (0.48) | (0.48) | — | (0.25) | 2.98 | 12.56 | 21,251 | 1.89 | 1.89 | (1.34) | 60 | |
7/1/17 to 6/30/18 | 3.19 | (0.04) | 0.46 | 0.42 | — | — | (0.38) | (0.38) | — | 0.04 | 3.23 | 13.40 | 142,931 | 1.88 | 1.88 | (1.23) | 79 | |
7/1/16 to 6/30/17 | 2.96 | (0.04) | 0.54 | 0.50 | — | — | (0.27) | (0.27) | — | 0.23 | 3.19 | 17.95 | 142,565 | 1.88 | 1.88 | (1.15) | 77 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Mid-Cap Growth Fund (Continued) | ||||||||||||||||||
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 5.05 | (0.03) | 2.66 | 2.63 | — | — | (0.58) | (0.58) | — (7) | 2.05 | $ 7.10 | 53.49 % (12) | $ 30,526 | 0.81 % (8) | 0.81 % | (0.50) % | 85 % | |
7/1/19 to 6/30/20 | 4.36 | (0.02) | 0.89 | 0.87 | — | — | (0.18) | (0.18) | — | 0.69 | 5.05 | 20.56 | 13,670 | 0.89 | 0.89 | (0.41) | 53 | |
7/1/18 to 6/30/19 | 4.41 | (0.02) | 0.45 | 0.43 | — | — | (0.48) | (0.48) | — | (0.05) | 4.36 | 13.79 | 11,617 | 0.89 | 0.89 | (0.39) | 60 | |
7/1/17 to 6/30/18 | 4.19 | (0.01) | 0.61 | 0.60 | — | — | (0.38) | (0.38) | — | 0.22 | 4.41 | 14.56 | 11,189 | 0.88 | 0.88 | (0.23) | 79 | |
7/1/16 to 6/30/17 | 3.77 | (0.01) | 0.70 | 0.69 | — | — | (0.27) | (0.27) | — | 0.42 | 4.19 | 19.18 | 8,604 | 0.88 | 0.88 | (0.15) | 77 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 5.09 | (0.03) | 2.70 | 2.67 | — | — | (0.58) | (0.58) | — (7) | 2.09 | $ 7.18 | 53.86 % (12) | $ 63,690 | 0.78 % (8) | 0.78 % | (0.48) % | 85 % | |
7/1/19 to 6/30/20 | 4.39 | (0.01) | 0.89 | 0.88 | — | — | (0.18) | (0.18) | — | 0.70 | 5.09 | 20.64 | 54,793 | 0.79 | 0.79 | (0.31) | 53 | |
7/1/18 to 6/30/19 | 4.43 | (0.01) | 0.45 | 0.44 | — | — | (0.48) | (0.48) | — | (0.04) | 4.39 | 13.97 | 36,373 | 0.79 | 0.79 | (0.29) | 60 | |
7/1/17 to 6/30/18 | 4.21 | (0.01) | 0.61 | 0.60 | — | — | (0.38) | (0.38) | — | 0.22 | 4.43 | 14.47 | 31,876 | 0.78 | 0.78 | (0.13) | 79 | |
7/1/16 to 6/30/17 | 3.78 | — (7) | 0.70 | 0.70 | — | — | (0.27) | (0.27) | — | 0.43 | 4.21 | 19.39 | 26,788 | 0.78 | 0.78 | (0.05) | 77 | |
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 4.62 | (0.04) | 2.43 | 2.39 | — | — | (0.58) | (0.58) | — (7) | 1.81 | $ 6.43 | 53.26 % (12) | $ 2,881 | 0.99 % (8) | 0.99 % | (0.69) % | 85 % | |
7/1/19 to 6/30/20 | 4.01 | (0.02) | 0.81 | 0.79 | — | — | (0.18) | (0.18) | — | 0.61 | 4.62 | 20.34 | 1,748 | 1.04 | 1.04 | (0.56) | 53 | |
7/1/18 to 6/30/19 | 4.11 | (0.02) | 0.40 | 0.38 | — | — | (0.48) | (0.48) | — | (0.10) | 4.01 | 13.61 | 1,525 | 1.04 | 1.04 | (0.54) | 60 | |
7/1/17 to 6/30/18 | 3.94 | (0.02) | 0.57 | 0.55 | — | — | (0.38) | (0.38) | — | 0.17 | 4.11 | 14.19 | 1,441 | 1.03 | 1.03 | (0.40) | 79 | |
7/1/16 to 6/30/17 | 3.56 | (0.01) | 0.66 | 0.65 | — | — | (0.27) | (0.27) | — | 0.38 | 3.94 | 19.19 | 575 | 1.03 | 1.03 | (0.30) | 77 | |
AllianzGI Small-Cap Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $17.55 | (0.04) | 10.00 | 9.96 | (0.02) | — | — | (0.02) | — | 9.94 | $ 27.49 | 56.80 % | $ 87,605 | 1.17 % | 1.23 % | (0.17) % | 88 % | |
7/1/19 to 6/30/20 | 19.50 | 0.04 | (1.98) | (1.94) | (0.01) | — | — | (0.01) | — | (1.95) | 17.55 (9) | (9.95) (9) | 58,062 | 1.17 | 1.27 | 0.23 | 110 | |
7/1/18 to 6/30/19 | 21.61 | 0.07 | (0.53) | (0.46) | (0.02) | — | (1.63) | (1.65) | — | (2.11) | 19.50 | (0.62) | 66,269 | 1.18 | 1.27 | 0.35 | 78 | |
7/1/17 to 6/30/18 | 20.51 | (0.02) | 3.92 | 3.90 | — | — | (2.80) | (2.80) | — | 1.10 | 21.61 | 19.96 | 44,860 | 1.31 | 1.31 | (0.07) | 126 | |
7/1/16 to 6/30/17 | 16.71 | 0.03 | 3.79 | 3.82 | (0.01) | — | (0.01) | (0.02) | — | 3.80 | 20.51 (9) | 22.82 (9) | 39,509 | 1.31 | 1.31 | 0.15 | 152 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.70 | (0.20) | 9.49 | 9.29 | — (7) | — | — | — | — | 9.29 | $ 25.99 | 55.63 % | $ 4,940 | 1.92 % | 1.99 % | (0.92) % | 88 % | |
7/1/19 to 6/30/20 | 18.68 | (0.09) | (1.89) | (1.98) | — | — | — | — | — | (1.98) | 16.70 (9) | (10.60) (9) | 4,251 | 1.92 | 2.02 | (0.53) | 110 | |
7/1/18 to 6/30/19 | 20.92 | (0.07) | (0.54) | (0.61) | — | — | (1.63) | (1.63) | — | (2.24) | 18.68 | (1.39) | 7,873 | 1.93 | 2.02 | (0.36) | 78 | |
7/1/17 to 6/30/18 | 20.07 | (0.17) | 3.82 | 3.65 | — | — | (2.80) | (2.80) | — | 0.85 | 20.92 | 19.10 | 35,080 | 2.06 | 2.06 | (0.82) | 126 | |
7/1/16 to 6/30/17 | 16.48 | (0.11) | 3.71 | 3.60 | — | — | (0.01) | (0.01) | — | 3.59 | 20.07 (9) | 21.82 (9) | 32,802 | 2.06 | 2.06 | (0.60) | 152 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $17.76 | 0.02 | 10.12 | 10.14 | (0.08) | — | — | (0.08) | — | 10.06 | $ 27.82 | 57.18 % | $ 28,986 | 0.92 % | 1.02 % | 0.08 % | 88 % | |
7/1/19 to 6/30/20 | 19.74 | 0.08 | (1.99) | (1.91) | (0.07) | — | — | (0.07) | — | (1.98) | 17.76 (9) | (9.74) (9) | 16,747 | 0.92 | 1.02 | 0.44 | 110 | |
7/1/18 to 6/30/19 | 21.81 | 0.12 | (0.53) | (0.41) | (0.03) | — | (1.63) | (1.66) | — | (2.07) | 19.74 | (0.36) | 9,637 | 0.93 | 1.02 | 0.61 | 78 | |
7/1/17 to 6/30/18 | 20.63 | 0.03 | 3.95 | 3.98 | — | — | (2.80) | (2.80) | — | 1.18 | 21.81 | 20.25 | 6,883 | 1.06 | 1.06 | 0.12 | 126 | |
7/1/16 to 6/30/17 | 16.77 | 0.07 | 3.81 | 3.88 | (0.01) | — | (0.01) | (0.02) | — | 3.86 | 20.63 (9) | 23.12 (9) | 3,425 | 1.06 | 1.06 | 0.39 | 152 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Small-Cap Fund (Continued) | ||||||||||||||||||
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $17.92 | 0.04 | 10.22 | 10.26 | (0.11) | — | — | (0.11) | — | 10.15 | $ 28.07 | 57.35 % | $ 36,211 | 0.82 % | 0.96 % | 0.19 % | 88 % | |
7/1/19 to 6/30/20 | 19.90 | 0.09 | (1.99) | (1.90) | (0.08) | — | — | (0.08) | — | (1.98) | 17.92 (9) | (9.62) (9) | 22,028 | 0.82 | 0.92 | 0.49 | 110 | |
7/1/18 to 6/30/19 | 21.96 | 0.14 | (0.53) | (0.39) | (0.04) | — | (1.63) | (1.67) | — | (2.06) | 19.90 | (0.29) | 9,077 | 0.83 | 0.92 | 0.70 | 78 | |
7/1/17 to 6/30/18 | 20.73 | 0.05 | 3.98 | 4.03 | — | — | (2.80) | (2.80) | — | 1.23 | 21.96 | 20.40 | 8,104 | 0.96 | 0.96 | 0.21 | 126 | |
7/1/16 to 6/30/17 | 16.84 | 0.10 | 3.81 | 3.91 | (0.01) | — | (0.01) | (0.02) | — | 3.89 | 20.73 (9) | 23.22 (9) | 3,037 | 0.96 | 0.96 | 0.52 | 152 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $17.93 | 0.06 | 10.21 | 10.27 | (0.10) | — | — | (0.10) | — | 10.17 | $ 28.10 | 57.37 % | $ 8,614 | 0.77 % | 0.87 % | 0.24 % | 88 % | |
7/1/19 to 6/30/20 | 19.90 | 0.14 | (2.03) | (1.89) | (0.08) | — | — | (0.08) | — | (1.97) | 17.93 (9) | (9.55) (9) | 9,114 | 0.77 | 0.87 | 0.71 | 110 | |
8/22/18 (10) to 6/30/19 | 23.16 | 0.13 | (1.71) | (1.58) | (0.05) | — | (1.63) | (1.68) | — | (3.26) | 19.90 | (5.42) | 17,792 | 0.77 | 0.87 | 0.76 | 78 (11) | |
AllianzGI Technology Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $68.06 | (0.88) | 30.38 | 29.50 | — | — | (15.97) | (15.97) | — | 13.53 | $ 81.59 | 45.06 % | $ 812,373 | 1.49 % (8) | 1.50 % | (1.12) % | 150 % | |
7/1/19 to 6/30/20 | 63.92 | (0.68) | 16.01 | 15.33 | — | — | (11.19) | (11.19) | — | 4.14 | 68.06 (9) | 28.34 (9) | 664,833 | 1.57 | 1.57 | (1.12) | 212 | |
7/1/18 to 6/30/19 | 71.60 | (0.68) | 5.90 | 5.22 | — | — | (12.90) | (12.90) | — | (7.68) | 63.92 | 12.40 | 601,112 | 1.51 | 1.56 | (1.05) | 109 | |
7/1/17 to 6/30/18 | 60.82 | (0.64) | 22.58 | 21.94 | — | — | (11.16) | (11.16) | — | 10.78 | 71.60 | 38.89 | 530,127 | 1.42 | 1.57 | (0.95) | 104 | |
7/1/16 to 6/30/17 | 48.03 | (0.17) (13) | 15.75 | 15.58 | — | — | (2.79) | (2.79) | — | 12.79 | 60.82 (13) | 33.69 (13) | 452,039 | 1.51 | 1.61 | (0.31) (13) | 128 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $43.68 | (0.87) | 18.99 | 18.12 | — | — | (15.97) | (15.97) | — | 2.15 | $ 45.83 | 44.01 % | $ 53,742 | 2.24 % (8) | 2.25 % | (1.88) % | 150 % | |
7/1/19 to 6/30/20 | 45.22 | (0.76) | 10.41 | 9.65 | — | — | (11.19) | (11.19) | — | (1.54) | 43.68 (9) | 27.37 (9) | 50,421 | 2.32 | 2.32 | (1.87) | 212 | |
7/1/18 to 6/30/19 | 55.32 | (0.92) | 3.72 | 2.80 | — | — | (12.90) | (12.90) | — | (10.10) | 45.22 | 11.57 | 48,842 | 2.23 | 2.31 | (1.78) | 109 | |
7/1/17 to 6/30/18 | 49.43 | (0.91) | 17.96 | 17.05 | — | — | (11.16) | (11.16) | — | 5.89 | 55.32 | 37.86 | 138,589 | 2.17 | 2.32 | (1.70) | 104 | |
7/1/16 to 6/30/17 | 39.80 | (0.46) (13) | 12.88 | 12.42 | — | — | (2.79) | (2.79) | — | 9.63 | 49.43 (13) | 32.69 (13) | 113,411 | 2.26 | 2.36 | (1.05) (13) | 128 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $79.28 | (0.81) | 35.64 | 34.83 | — | — | (15.97) | (15.97) | — | 18.86 | $ 98.14 | 45.44 % | $ 194,925 | 1.24 % (8) | 1.25 % | (0.87) % | 150 % | |
7/1/19 to 6/30/20 | 72.49 | (0.60) | 18.58 | 17.98 | — | — | (11.19) | (11.19) | — | 6.79 | 79.28 (9) | 28.67 (9) | 154,810 | 1.32 | 1.32 | (0.87) | 212 | |
7/1/18 to 6/30/19 | 79.05 | (0.58) | 6.92 | 6.34 | — | — | (12.90) | (12.90) | — | (6.56) | 72.49 | 12.68 | 155,553 | 1.27 | 1.31 | (0.80) | 109 | |
7/1/17 to 6/30/18 | 66.03 | (0.53) | 24.71 | 24.18 | — | — | (11.16) | (11.16) | — | 13.02 | 79.05 | 39.24 | 100,560 | 1.17 | 1.32 | (0.71) | 104 | |
7/1/16 to 6/30/17 | 51.80 | — (7)(13) | 17.02 | 17.02 | — | — | (2.79) | (2.79) | — | 14.23 | 66.03 (13) | 34.03 (13) | 59,369 | 1.26 | 1.35 | (0.01) (13) | 128 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $81.43 | (0.77) | 36.65 | 35.88 | — | — | (15.97) | (15.97) | — | 19.91 | $101.34 | 45.53 % | $1,386,911 | 1.17 % (8) | 1.18 % | (0.80) % | 150 % | |
7/1/19 to 6/30/20 | 74.10 | (0.55) | 19.07 | 18.52 | — | — | (11.19) | (11.19) | — | 7.33 | 81.43 (9) | 28.78 (9) | 995,709 | 1.22 | 1.22 | (0.78) | 212 | |
7/1/18 to 6/30/19 | 80.40 | (0.52) | 7.12 | 6.60 | — | — | (12.90) | (12.90) | — | (6.30) | 74.10 | 12.81 | 800,061 | 1.16 | 1.21 | (0.69) | 109 | |
7/1/17 to 6/30/18 | 66.94 | (0.45) | 25.07 | 24.62 | — | — | (11.16) | (11.16) | — | 13.46 | 80.40 | 39.37 | 789,922 | 1.07 | 1.22 | (0.59) | 104 | |
7/1/16 to 6/30/17 | 52.43 | 0.06 (13) | 17.24 | 17.30 | — | — | (2.79) | (2.79) | — | 14.51 | 66.94 (13) | 34.16 (13) | 736,162 | 1.16 | 1.25 | 0.09 (13) | 128 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
AllianzGI Technology Fund (Continued) | ||||||||||||||||||
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $74.24 | (0.91) | 33.26 | 32.35 | — | — | (15.97) | (15.97) | — | 16.38 | $ 90.62 | 45.15 % | $ 86,855 | 1.43 % (8) | 1.44 % | (1.05) % | 150 % | |
7/1/19 to 6/30/20 | 68.67 | (0.67) | 17.43 | 16.76 | — | — | (11.19) | (11.19) | — | 5.57 | 74.24 (9) | 28.46 (9) | 11,669 | 1.47 | 1.47 | (1.02) | 212 | |
7/1/18 to 6/30/19 | 75.76 | (0.67) | 6.48 | 5.81 | — | — | (12.90) | (12.90) | — | (7.09) | 68.67 | 12.52 | 11,688 | 1.40 | 1.46 | (0.95) | 109 | |
7/1/17 to 6/30/18 | 63.76 | (0.61) | 23.77 | 23.16 | — | — | (11.16) | (11.16) | — | 12.00 | 75.76 | 39.02 | 23,535 | 1.32 | 1.47 | (0.85) | 104 | |
7/1/16 to 6/30/17 | 50.18 | (0.23) (13) | 16.60 | 16.37 | — | — | (2.79) | (2.79) | — | 13.58 | 63.76 (13) | 33.83 (13) | 15,062 | 1.44 | 1.52 | (0.41) (13) | 128 | |
NFJ Dividend Value Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.67 | 0.15 | 3.07 | 3.22 | (0.16) | — | — (7) | (0.16) | — | 3.06 | $ 12.73 | 33.47 % | $ 422,719 | 1.02 % (6)(8) | 1.06 % | 1.36 % | 67 % | |
7/1/19 to 6/30/20 | 12.11 | 0.19 | (1.01) | (0.82) | (0.20) | — | (1.42) | (1.62) | — | (2.44) | 9.67 | (8.54) | 329,828 | 1.04 | 1.12 | 1.74 | 139 | |
7/1/18 to 6/30/19 | 14.76 | 0.26 | (0.05) | 0.21 | (0.26) | — | (2.60) | (2.86) | — | (2.65) | 12.11 | 4.39 | 453,255 | 1.01 | 1.11 | 1.97 | 52 | |
7/1/17 to 6/30/18 | 17.20 | 0.27 | 1.45 | 1.72 | (0.28) | — | (3.88) | (4.16) | — | (2.44) | 14.76 | 9.55 | 480,068 | 0.95 | 1.10 | 1.66 | 47 | |
7/1/16 to 6/30/17 | 15.74 | 0.34 | 2.08 | 2.42 | (0.37) | — | (0.59) | (0.96) | — | 1.46 | 17.20 | 15.55 | 599,510 | 0.99 | 1.09 | 2.02 | 41 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.88 | 0.07 | 3.14 | 3.21 | (0.05) | — | — (7) | (0.05) | — | 3.16 | $ 13.04 | 32.53 % | $ 18,956 | 1.77 % (6)(8) | 1.82 % | 0.59 % | 67 % | |
7/1/19 to 6/30/20 | 12.32 | 0.11 | (1.02) | (0.91) | (0.11) | — | (1.42) | (1.53) | — | (2.44) | 9.88 | (9.17) | 38,900 | 1.79 | 1.87 | 0.98 | 139 | |
7/1/18 to 6/30/19 | 14.92 | 0.17 | (0.05) | 0.12 | (0.12) | — | (2.60) | (2.72) | — | (2.60) | 12.32 | 3.56 | 75,395 | 1.76 | 1.86 | 1.23 | 52 | |
7/1/17 to 6/30/18 | 17.34 | 0.15 | 1.46 | 1.61 | (0.15) | — | (3.88) | (4.03) | — | (2.42) | 14.92 | 8.77 | 231,933 | 1.70 | 1.85 | 0.91 | 47 | |
7/1/16 to 6/30/17 | 15.86 | 0.21 | 2.10 | 2.31 | (0.24) | — | (0.59) | (0.83) | — | 1.48 | 17.34 | 14.67 | 274,212 | 1.74 | 1.84 | 1.28 | 41 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.77 | 0.18 | 3.10 | 3.28 | (0.18) | — | — (7) | (0.18) | — | 3.10 | $ 12.87 | 33.79 % | $ 210,888 | 0.76 % (6)(8) | 0.81 % | 1.60 % | 67 % | |
7/1/19 to 6/30/20 | 12.21 | 0.23 | (1.02) | (0.79) | (0.23) | — | (1.42) | (1.65) | — | (2.44) | 9.77 | (8.23) | 221,250 | 0.79 | 0.87 | 1.98 | 139 | |
7/1/18 to 6/30/19 | 14.87 | 0.30 | (0.05) | 0.25 | (0.31) | — | (2.60) | (2.91) | — | (2.66) | 12.21 | 4.62 | 378,642 | 0.76 | 0.86 | 2.22 | 52 | |
7/1/17 to 6/30/18 | 17.30 | 0.32 | 1.45 | 1.77 | (0.32) | — | (3.88) | (4.20) | — | (2.43) | 14.87 | 9.83 | 551,096 | 0.70 | 0.85 | 1.91 | 47 | |
7/1/16 to 6/30/17 | 15.83 | 0.38 | 2.09 | 2.47 | (0.41) | — | (0.59) | (1.00) | — | 1.47 | 17.30 | 15.79 | 639,847 | 0.74 | 0.84 | 2.27 | 41 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.75 | 0.19 | 3.10 | 3.29 | (0.19) | — | — (7) | (0.19) | — | 3.10 | $ 12.85 | 33.95 % | $ 122,996 | 0.70 % | 0.75 % | 1.67 % | 67 % | |
7/1/19 to 6/30/20 | 12.20 | 0.24 | (1.03) | (0.79) | (0.24) | — | (1.42) | (1.66) | — | (2.45) | 9.75 | (8.24) | 117,755 | 0.69 | 0.77 | 2.07 | 139 | |
7/1/18 to 6/30/19 | 14.87 | 0.31 | (0.05) | 0.26 | (0.33) | — | (2.60) | (2.93) | — | (2.67) | 12.20 | 4.75 | 263,357 | 0.66 | 0.76 | 2.32 | 52 | |
7/1/17 to 6/30/18 | 17.30 | 0.34 | 1.45 | 1.79 | (0.34) | — | (3.88) | (4.22) | — | (2.43) | 14.87 | 9.94 | 438,422 | 0.60 | 0.75 | 2.03 | 47 | |
7/1/16 to 6/30/17 | 15.82 | 0.41 | 2.08 | 2.49 | (0.42) | — | (0.59) | (1.01) | — | 1.48 | 17.30 | 15.96 | 731,788 | 0.64 | 0.74 | 2.44 | 41 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.71 | 0.19 | 3.08 | 3.27 | (0.19) | — | — (7) | (0.19) | — | 3.08 | $ 12.79 | 33.98 % | $ 82,578 | 0.64 % (6) | 0.69 % | 1.72 % | 67 % | |
7/1/19 to 6/30/20 | 12.15 | 0.24 | (1.02) | (0.78) | (0.24) | — | (1.42) | (1.66) | — | (2.44) | 9.71 | (8.12) | 60,490 | 0.64 | 0.72 | 2.15 | 139 | |
7/1/18 to 6/30/19 | 14.83 | 0.31 | (0.04) | 0.27 | (0.35) | — | (2.60) | (2.95) | — | (2.68) | 12.15 | 4.82 | 65,935 | 0.61 | 0.71 | 2.38 | 52 | |
7/1/17 to 6/30/18 | 17.27 | 0.34 | 1.45 | 1.79 | (0.35) | — | (3.88) | (4.23) | — | (2.44) | 14.83 | 9.96 | 85,285 | 0.55 | 0.70 | 2.06 | 47 | |
7/1/16 to 6/30/17 | 15.80 | 0.41 | 2.09 | 2.50 | (0.44) | — | (0.59) | (1.03) | — | 1.47 | 17.27 | 16.01 | 95,755 | 0.59 | 0.69 | 2.44 | 41 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
NFJ Dividend Value Fund (Continued) | ||||||||||||||||||
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.96 | 0.17 | 3.15 | 3.32 | (0.16) | — | — (7) | (0.16) | — | 3.16 | $ 13.12 | 33.55 % | $ 33,289 | 0.94 % (6) | 0.98 % | 1.44 % | 67 % | |
7/1/19 to 6/30/20 | 12.41 | 0.21 | (1.03) | (0.82) | (0.21) | — | (1.42) | (1.63) | — | (2.45) | 9.96 | (8.33) | 25,794 | 0.94 | 1.02 | 1.84 | 139 | |
7/1/18 to 6/30/19 | 15.04 | 0.28 | (0.05) | 0.23 | (0.26) | — | (2.60) | (2.86) | — | (2.63) | 12.41 | 4.42 | 47,049 | 0.91 | 1.01 | 2.07 | 52 | |
7/1/17 to 6/30/18 | 17.41 | 0.32 | 1.43 | 1.75 | (0.24) | — | (3.88) | (4.12) | — | (2.37) | 15.04 | 9.67 | 84,009 | 0.85 | 1.00 | 1.87 | 47 | |
7/1/16 to 6/30/17 | 15.92 | 0.36 | 2.11 | 2.47 | (0.39) | — | (0.59) | (0.98) | — | 1.49 | 17.41 | 15.68 | 345,533 | 0.89 | 0.99 | 2.11 | 41 | |
NFJ International Value Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.86 | 0.28 | 6.15 | 6.43 | (0.36) | — | — | (0.36) | — | 6.07 | $ 22.93 | 38.47 % | $ 73,311 | 1.30 % (6)(8) | 1.34 % | 1.38 % | 116 % | |
7/1/19 to 6/30/20 | 18.47 | 0.36 | (1.58) | (1.22) | (0.39) | — | — | (0.39) | — | (1.61) | 16.86 | (6.66) | 55,297 | 1.30 | 1.37 | 2.06 | 91 | |
7/1/18 to 6/30/19 | 18.52 | 0.33 | (0.08) | 0.25 | (0.30) | — | — | (0.30) | — | (0.05) | 18.47 | 1.44 | 71,931 | 1.30 | 1.38 | 1.84 | 49 | |
7/1/17 to 6/30/18 | 18.13 | 0.34 | 0.38 | 0.72 | (0.32) | (0.01) | — | (0.33) | — | 0.39 | 18.52 | 3.95 | 88,385 | 1.29 | 1.37 | 1.76 | 63 | |
7/1/16 to 6/30/17 | 16.32 | 0.34 | 1.92 | 2.26 | (0.45) | — | — | (0.45) | — | 1.81 | 18.13 | 13.99 | 127,642 | 1.30 | 1.35 | 2.01 | 63 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.57 | 0.11 | 6.04 | 6.15 | (0.21) | — | — | (0.21) | — | 5.94 | $ 22.51 | 37.40 % | $ 3,576 | 2.02 % (8) | 2.07 % | 0.56 % | 116 % | |
7/1/19 to 6/30/20 | 18.15 | 0.22 | (1.54) | (1.32) | (0.26) | — | — | (0.26) | — | (1.58) | 16.57 | (7.33) | 7,488 | 2.05 | 2.12 | 1.27 | 91 | |
7/1/18 to 6/30/19 | 18.20 | 0.17 | (0.04) | 0.13 | (0.18) | — | — | (0.18) | — | (0.05) | 18.15 | 0.76 | 13,926 | 2.05 | 2.13 | 0.98 | 49 | |
7/1/17 to 6/30/18 | 17.86 | 0.19 | 0.37 | 0.56 | (0.21) | (0.01) | — | (0.22) | — | 0.34 | 18.20 | 3.11 | 36,184 | 2.04 | 2.12 | 0.99 | 63 | |
7/1/16 to 6/30/17 | 16.09 | 0.23 | 1.86 | 2.09 | (0.32) | — | — | (0.32) | — | 1.77 | 17.86 | 13.10 | 54,546 | 2.05 | 2.10 | 1.37 | 63 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.96 | 0.34 | 6.19 | 6.53 | (0.40) | — | — | (0.40) | — | 6.13 | $ 23.09 | 38.86 % | $ 26,708 | 1.03 % (6)(8) | 1.07 % | 1.65 % | 116 % | |
7/1/19 to 6/30/20 | 18.58 | 0.41 | (1.60) | (1.19) | (0.43) | — | — | (0.43) | — | (1.62) | 16.96 | (6.45) | 22,912 | 1.05 | 1.12 | 2.29 | 91 | |
7/1/18 to 6/30/19 | 18.61 | 0.35 | (0.04) | 0.31 | (0.34) | — | — | (0.34) | — | (0.03) | 18.58 | 1.76 | 38,655 | 1.05 | 1.13 | 1.93 | 49 | |
7/1/17 to 6/30/18 | 18.21 | 0.36 | 0.41 | 0.77 | (0.36) | (0.01) | — | (0.37) | — | 0.40 | 18.61 | 4.17 | 89,644 | 1.04 | 1.12 | 1.87 | 63 | |
7/1/16 to 6/30/17 | 16.40 | 0.40 | 1.90 | 2.30 | (0.49) | — | — | (0.49) | — | 1.81 | 18.21 | 14.20 | 148,540 | 1.05 | 1.10 | 2.34 | 63 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.98 | 0.36 | 6.19 | 6.55 | (0.42) | — | — | (0.42) | — | 6.13 | $ 23.11 | 38.95 % | $ 48,096 | 0.95 % | 1.00 % | 1.76 % | 116 % | |
7/1/19 to 6/30/20 | 18.60 | 0.43 | (1.60) | (1.17) | (0.45) | — | — | (0.45) | — | (1.62) | 16.98 | (6.33) | 37,009 | 0.95 | 1.02 | 2.41 | 91 | |
7/1/18 to 6/30/19 | 18.64 | 0.41 | (0.08) | 0.33 | (0.37) | — | — | (0.37) | — | (0.04) | 18.60 | 1.84 | 46,473 | 0.95 | 1.03 | 2.24 | 49 | |
7/1/17 to 6/30/18 | 18.24 | 0.42 | 0.36 | 0.78 | (0.37) | (0.01) | — | (0.38) | — | 0.40 | 18.64 | 4.27 | 55,924 | 0.94 | 1.02 | 2.14 | 63 | |
7/1/16 to 6/30/17 | 16.42 | 0.37 | 1.95 | 2.32 | (0.50) | — | — | (0.50) | — | 1.82 | 18.24 | 14.33 | 74,272 | 0.95 | 1.00 | 2.18 | 63 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.97 | 0.41 | 6.13 | 6.54 | (0.43) | — | — | (0.43) | — | 6.11 | $ 23.08 | 38.97 % | $ 2,741 | 0.90 % | 0.95 % | 1.96 % | 116 % | |
7/1/19 to 6/30/20 | 18.59 | 0.44 | (1.60) | (1.16) | (0.46) | — | — | (0.46) | — | (1.62) | 16.97 | (6.28) | 1,230 | 0.90 | 0.97 | 2.47 | 91 | |
7/1/18 to 6/30/19 | 18.63 | 0.37 | (0.04) | 0.33 | (0.37) | — | — | (0.37) | — | (0.04) | 18.59 | 1.88 | 1,277 | 0.90 | 0.98 | 2.07 | 49 | |
7/1/17 to 6/30/18 | 18.19 | 0.29 | 0.50 | 0.79 | (0.34) | (0.01) | — | (0.35) | — | 0.44 | 18.63 | 4.31 | 1,836 | 0.89 | 0.97 | 1.48 | 63 | |
7/1/16 to 6/30/17 | 16.38 | 0.40 | 1.93 | 2.33 | (0.52) | — | — | (0.52) | — | 1.81 | 18.19 | 14.42 | 28,460 | 0.90 | 0.95 | 2.33 | 63 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
NFJ International Value Fund (Continued) | ||||||||||||||||||
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $16.92 | 0.11 | 6.35 | 6.46 | (0.32) | — | — | (0.32) | — | 6.14 | $ 23.06 | 38.57 % | $ 1,219 | 1.20 % | 1.28 % | 0.57 % | 116 % | |
7/1/19 to 6/30/20 | 18.54 | 0.38 | (1.59) | (1.21) | (0.41) | — | — | (0.41) | — | (1.62) | 16.92 | (6.58) | 1,147 | 1.20 | 1.27 | 2.17 | 91 | |
7/1/18 to 6/30/19 | 18.56 | 0.29 | 0.01 | 0.30 | (0.32) | — | — | (0.32) | — | (0.02) | 18.54 | 1.68 | 1,436 | 1.20 | 1.28 | 1.60 | 49 | |
7/1/17 to 6/30/18 | 18.19 | 0.38 | 0.35 | 0.73 | (0.35) | (0.01) | — | (0.36) | — | 0.37 | 18.56 | 4.01 | 4,829 | 1.19 | 1.27 | 1.96 | 63 | |
7/1/16 to 6/30/17 | 16.37 | 0.36 | 1.92 | 2.28 | (0.46) | — | — | (0.46) | — | 1.82 | 18.19 | 14.09 | 4,973 | 1.20 | 1.25 | 2.08 | 63 | |
NFJ Large-Cap Value Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $24.49 | 0.23 | 8.62 | 8.85 | (0.22) | — | — | (0.22) | — | 8.63 | $ 33.12 | 36.24 % | $ 184,745 | 1.06 % (8) | 1.06 % | 0.79 % | 69 % | |
7/1/19 to 6/30/20 | 26.90 | 0.39 | (1.88) | (1.49) | (0.41) | — | (0.51) | (0.92) | — | (2.41) | 24.49 | (5.71) | 150,404 | 1.12 | 1.12 | 1.48 | 114 | |
7/1/18 to 6/30/19 | 26.14 | 0.41 | 0.79 | 1.20 | (0.39) | — | (0.05) | (0.44) | — | 0.76 | 26.90 | 4.67 | 178,311 | 1.12 | 1.12 | 1.57 | 68 | |
7/1/17 to 6/30/18 | 24.31 | 0.41 | 1.83 | 2.24 | (0.41) | — | — | (0.41) | — | 1.83 | 26.14 | 9.27 | 145,338 | 1.06 | 1.11 | 1.56 | 110 | |
7/1/16 to 6/30/17 | 20.34 | 0.36 | 3.97 (14) | 4.33 | (0.36) | — | — | (0.36) | — | 3.97 | 24.31 (14) | 21.42 (14) | 151,306 | 1.02 | 1.12 | 1.60 | 67 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $24.82 | 0.02 | 8.73 | 8.75 | (0.03) | — | — | (0.03) | — | 8.72 | $ 33.54 | 35.24 % | $ 4,056 | 1.81 % (8) | 1.81 % | 0.06 % | 69 % | |
7/1/19 to 6/30/20 | 27.23 | 0.19 | (1.88) | (1.69) | (0.21) | — | (0.51) | (0.72) | — | (2.41) | 24.82 | (6.41) | 7,854 | 1.87 | 1.87 | 0.73 | 114 | |
7/1/18 to 6/30/19 | 26.44 | 0.19 | 0.81 | 1.00 | (0.16) | — | (0.05) | (0.21) | — | 0.79 | 27.23 | 3.82 | 12,080 | 1.87 | 1.87 | 0.70 | 68 | |
7/1/17 to 6/30/18 | 24.57 | 0.22 | 1.86 | 2.08 | (0.21) | — | — | (0.21) | — | 1.87 | 26.44 | 8.49 | 62,232 | 1.81 | 1.86 | 0.82 | 110 | |
7/1/16 to 6/30/17 | 20.50 | 0.19 | 4.01 (14) | 4.20 | (0.13) | — | — | (0.13) | — | 4.07 | 24.57 (14) | 20.52 (14) | 70,159 | 1.77 | 1.87 | 0.86 | 67 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $24.73 | 0.30 | 8.71 | 9.01 | (0.28) | — | — | (0.28) | — | 8.73 | $ 33.46 | 36.60 % | $ 20,413 | 0.81 % (8) | 0.81 % | 1.04 % | 69 % | |
7/1/19 to 6/30/20 | 27.16 | 0.46 | (1.90) | (1.44) | (0.48) | — | (0.51) | (0.99) | — | (2.43) | 24.73 | (5.49) | 15,384 | 0.87 | 0.87 | 1.73 | 114 | |
7/1/18 to 6/30/19 | 26.38 | 0.48 | 0.81 | 1.29 | (0.46) | — | (0.05) | (0.51) | — | 0.78 | 27.16 | 4.95 | 19,097 | 0.87 | 0.87 | 1.80 | 68 | |
7/1/17 to 6/30/18 | 24.53 | 0.47 | 1.86 | 2.33 | (0.48) | — | — | (0.48) | — | 1.85 | 26.38 | 9.54 | 20,242 | 0.81 | 0.86 | 1.80 | 110 | |
7/1/16 to 6/30/17 | 20.56 | 0.42 | 4.01 (14) | 4.43 | (0.46) | — | — | (0.46) | — | 3.97 | 24.53 (14) | 21.71 (14) | 18,164 | 0.77 | 0.87 | 1.85 | 67 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $24.37 | 0.31 | 8.58 | 8.89 | (0.30) | — | — | (0.30) | — | 8.59 | $ 32.96 | 36.66 % | $ 129,083 | 0.75 % (8) | 0.75 % | 1.09 % | 69 % | |
7/1/19 to 6/30/20 | 26.77 | 0.48 | (1.87) | (1.39) | (0.50) | — | (0.51) | (1.01) | — | (2.40) | 24.37 | (5.36) | 92,001 | 0.77 | 0.77 | 1.81 | 114 | |
7/1/18 to 6/30/19 | 26.02 | 0.50 | 0.79 | 1.29 | (0.49) | — | (0.05) | (0.54) | — | 0.75 | 26.77 | 5.02 | 132,572 | 0.77 | 0.77 | 1.91 | 68 | |
7/1/17 to 6/30/18 | 24.20 | 0.49 | 1.84 | 2.33 | (0.51) | — | — | (0.51) | — | 1.82 | 26.02 | 9.66 | 127,728 | 0.71 | 0.76 | 1.89 | 110 | |
7/1/16 to 6/30/17 | 20.27 | 0.43 | 3.97 (14) | 4.40 | (0.47) | — | — | (0.47) | — | 3.93 | 24.20 (14) | 21.88 (14) | 114,377 | 0.67 | 0.77 | 1.95 | 67 | |
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $24.85 | 0.25 | 8.75 | 9.00 | (0.19) | — | — | (0.19) | — | 8.81 | $ 33.66 | 36.33 % | $ 520 | 1.01 % (6) | 1.02 % | 0.89 % | 69 % | |
7/1/19 to 6/30/20 | 27.29 | 0.42 | (1.91) | (1.49) | (0.44) | — | (0.51) | (0.95) | — | (2.44) | 24.85 | (5.65) | 1,181 | 1.02 | 1.02 | 1.58 | 114 | |
7/1/18 to 6/30/19 | 26.51 | 0.45 | 0.80 | 1.25 | (0.42) | — | (0.05) | (0.47) | — | 0.78 | 27.29 | 4.77 | 1,381 | 1.02 | 1.02 | 1.66 | 68 | |
7/1/17 to 6/30/18 | 24.64 | 0.43 | 1.88 | 2.31 | (0.44) | — | — | (0.44) | — | 1.87 | 26.51 | 9.40 | 1,323 | 0.96 | 1.01 | 1.64 | 110 | |
7/1/16 to 6/30/17 | 20.61 | 0.38 | 4.04 (14) | 4.42 | (0.39) | — | — | (0.39) | — | 4.03 | 24.64 (14) | 21.58 (14) | 1,272 | 0.92 | 1.02 | 1.71 | 67 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
NFJ Mid-Cap Value Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $25.72 | 0.30 | 9.83 | 10.13 | (0.26) | — | (0.05) | (0.31) | — | 9.82 | $ 35.54 | 39.60 % | $ 596,144 | 1.00 % | 1.16 % | 0.98 % | 96 % | |
7/1/19 to 6/30/20 | 30.60 | 0.38 | (2.72) | (2.34) | (0.33) | — | (2.21) | (2.54) | — | (4.88) | 25.72 | (8.93) | 474,970 | 0.99 | 1.21 | 1.30 | 197 | |
7/1/18 to 6/30/19 | 30.06 | 0.44 | 0.54 | 0.98 | (0.31) | — | (0.13) | (0.44) | — | 0.54 | 30.60 | 3.46 | 595,707 | 0.99 | 1.21 | 1.48 | 81 | |
7/1/17 to 6/30/18 | 31.41 | 0.39 | 1.27 | 1.66 | (0.26) | — | (2.75) | (3.01) | — | (1.35) | 30.06 | 4.88 | 518,293 | 1.04 | 1.21 | 1.22 | 31 | |
7/1/16 to 6/30/17 | 24.37 | 0.36 | 7.03 (15) | 7.39 | (0.33) | — | (0.02) | (0.35) | — | 7.04 | 31.41 (15) | 30.53 (15) | 480,691 | 1.21 | 1.21 | 1.30 | 45 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $20.74 | 0.05 | 7.93 | 7.98 | (0.04) | — | (0.05) | (0.09) | — | 7.89 | $ 28.63 | 38.53 % | $ 39,321 | 1.74 % (6) | 1.90 % | 0.21 % | 96 % | |
7/1/19 to 6/30/20 | 25.16 | 0.13 | (2.18) | (2.05) | (0.16) | — | (2.21) | (2.37) | — | (4.42) | 20.74 | (9.64) | 37,278 | 1.74 | 1.96 | 0.55 | 197 | |
7/1/18 to 6/30/19 | 24.62 | 0.13 | 0.54 | 0.67 | — | — | (0.13) | (0.13) | — | 0.54 | 25.16 | 2.73 | 48,176 | 1.74 | 1.96 | 0.54 | 81 | |
7/1/17 to 6/30/18 | 26.22 | 0.12 | 1.08 | 1.20 | (0.05) | — | (2.75) | (2.80) | — | (1.60) | 24.62 | 4.10 | 182,192 | 1.79 | 1.96 | 0.46 | 31 | |
7/1/16 to 6/30/17 | 20.43 | 0.13 | 5.87 (15) | 6.00 | (0.19) | — | (0.02) | (0.21) | — | 5.79 | 26.22 (15) | 29.52 (15) | 168,922 | 1.96 | 1.96 | 0.59 | 45 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $20.30 | 0.29 | 7.74 | 8.03 | (0.38) | — | (0.05) | (0.43) | — | 7.60 | $ 27.90 | 39.93 % | $ 239,250 | 0.75 % | 0.90 % | 1.23 % | 96 % | |
7/1/19 to 6/30/20 | 24.68 | 0.36 | (2.10) | (1.74) | (0.43) | — | (2.21) | (2.64) | — | (4.38) | 20.30 | (8.72) | 211,729 | 0.74 | 0.96 | 1.57 | 197 | |
7/1/18 to 6/30/19 | 24.35 | 0.41 | 0.43 | 0.84 | (0.38) | — | (0.13) | (0.51) | — | 0.33 | 24.68 | 3.75 | 197,201 | 0.74 | 0.96 | 1.70 | 81 | |
7/1/17 to 6/30/18 | 26.01 | 0.37 | 1.10 | 1.47 | (0.38) | — | (2.75) | (3.13) | — | (1.66) | 24.35 | 5.17 | 200,081 | 0.77 | 0.96 | 1.46 | 31 | |
7/1/16 to 6/30/17 | 20.27 | 0.32 | 5.87 (15) | 6.19 | (0.43) | — | (0.02) | (0.45) | — | 5.74 | 26.01 (15) | 30.82 (15) | 52,167 | 0.96 | 0.96 | 1.39 | 45 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $27.70 | 0.44 | 10.59 | 11.03 | (0.40) | — | (0.05) | (0.45) | — | 10.58 | $ 38.28 | 40.11 % | $ 460,452 | 0.65 % | 0.84 % | 1.33 % | 96 % | |
7/1/19 to 6/30/20 | 32.77 | 0.51 | (2.92) | (2.41) | (0.45) | — | (2.21) | (2.66) | — | (5.07) | 27.70 | (8.62) | 385,311 | 0.64 | 0.86 | 1.67 | 197 | |
7/1/18 to 6/30/19 | 32.15 | 0.58 | 0.57 | 1.15 | (0.40) | — | (0.13) | (0.53) | — | 0.62 | 32.77 | 3.83 | 406,173 | 0.64 | 0.86 | 1.82 | 81 | |
7/1/17 to 6/30/18 | 33.41 | 0.51 | 1.38 | 1.89 | (0.40) | — | (2.75) | (3.15) | — | (1.26) | 32.15 | 5.26 | 332,110 | 0.66 | 0.86 | 1.53 | 31 | |
7/1/16 to 6/30/17 | 25.88 | 0.48 | 7.47 (15) | 7.95 | (0.40) | — | (0.02) | (0.42) | — | 7.53 | 33.41 (15) | 30.95 (15) | 53,333 | 0.86 | 0.86 | 1.66 | 45 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $27.68 | 0.45 | 10.59 | 11.04 | (0.43) | — | (0.05) | (0.48) | — | 10.56 | $ 38.24 | 40.17 % | $ 85,969 | 0.60 % | 0.78 % | 1.37 % | 96 % | |
7/1/19 to 6/30/20 | 32.75 | 0.56 | (2.95) | (2.39) | (0.47) | — | (2.21) | (2.68) | — | (5.07) | 27.68 | (8.57) | 66,260 | 0.59 | 0.81 | 1.86 | 197 | |
7/1/18 to 6/30/19 | 32.13 | 0.63 | 0.53 | 1.16 | (0.41) | — | (0.13) | (0.54) | — | 0.62 | 32.75 | 3.89 | 18,052 | 0.59 | 0.81 | 2.03 | 81 | |
12/18/17 (10) to 6/30/18 | 36.74 | 0.18 | (1.61) | (1.43) | (0.43) | — | (2.75) | (3.18) | — | (4.61) | 32.13 | (4.25) | 2,167 | 0.59 | 0.81 | 1.04 | 31 (11) | |
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $26.59 | 0.34 | 10.17 | 10.51 | (0.28) | — | (0.05) | (0.33) | — | 10.18 | $ 36.77 | 39.73 % | $ 49,280 | 0.90 % | 1.08 % | 1.06 % | 96 % | |
7/1/19 to 6/30/20 | 31.57 | 0.42 | (2.81) | (2.39) | (0.38) | — | (2.21) | (2.59) | — | (4.98) | 26.59 | (8.85) | 33,511 | 0.89 | 1.11 | 1.43 | 197 | |
7/1/18 to 6/30/19 | 31.00 | 0.48 | 0.56 | 1.04 | (0.34) | — | (0.13) | (0.47) | — | 0.57 | 31.57 | 3.60 | 27,405 | 0.89 | 1.11 | 1.58 | 81 | |
7/1/17 to 6/30/18 | 32.35 | 0.42 | 1.32 | 1.74 | (0.34) | — | (2.75) | (3.09) | — | (1.35) | 31.00 | 4.98 | 18,947 | 0.92 | 1.11 | 1.32 | 31 | |
7/1/16 to 6/30/17 | 25.08 | 0.40 | 7.24 (15) | 7.64 | (0.35) | — | (0.02) | (0.37) | — | 7.27 | 32.35 (15) | 30.66 (15) | 5,120 | 1.11 | 1.11 | 1.40 | 45 |
Net Asset Value, Beginning of Period | Net Investment Income (Loss)(1) | Net Realized and Unrealized Gain (Loss) | Total from Investment Operations | Dividends from Net Investment Income | Return of Capital | Distributions from Net Realized Gains | Total Distributions | Payment from Affiliate | Change in Net Asset Value | Net Asset Value, End of Period | Total Return(2)(3) | Net Assets, End of Period (in thousands) | Ratio of Net Expenses to Average Net Assets(4)(5) | Ratio of Gross Expenses to Average Net Assets(4)(5) | Ratio of Net Investment Income (Loss) to Average Net Assets(4) | Portfolio Turnover Rate(3) | ||
NFJ Small-Cap Value Fund | ||||||||||||||||||
Class A | ||||||||||||||||||
7/1/20 to 6/30/21 | $11.07 | 0.18 | 4.71 | 4.89 | (0.24) | — | (0.05) | (0.29) | — | 4.60 | $ 15.67 | 44.57 % | $ 325,048 | 1.18 % (6)(8) | 1.23 % | 1.34 % | 65 % | |
7/1/19 to 6/30/20 | 14.53 | 0.18 | (2.28) | (2.10) | (0.06) | — | (1.30) | (1.36) | — | (3.46) | 11.07 | (16.62) | 267,845 | 1.17 | 1.27 | 1.37 | 126 | |
7/1/18 to 6/30/19 | 21.71 | 0.29 | (2.73) | (2.44) | (0.62) | — | (4.12) | (4.74) | — | (7.18) | 14.53 | (7.70) | 439,710 | 1.18 | 1.26 | 1.65 | 47 | |
7/1/17 to 6/30/18 | 24.36 | 0.29 | 1.44 | 1.73 | (0.12) | — | (4.26) | (4.38) | — | (2.65) | 21.71 | 7.04 | 718,104 | 1.20 | 1.25 | 1.27 | 24 | |
7/1/16 to 6/30/17 | 20.82 | 0.30 | 4.12 | 4.42 | (0.32) | — | (0.56) | (0.88) | — | 3.54 | 24.36 | 21.38 | 788,438 | 1.20 | 1.24 | 1.31 | 30 | |
Class C | ||||||||||||||||||
7/1/20 to 6/30/21 | $ 9.74 | 0.07 | 4.14 | 4.21 | (0.12) | — | (0.05) | (0.17) | — | 4.04 | $ 13.78 | 43.52 % | $ 1,606 | 1.91 % (8) | 1.97 % | 0.60 % | 65 % | |
7/1/19 to 6/30/20 | 12.97 | 0.07 | (2.00) | (1.93) | — | — | (1.30) | (1.30) | — | (3.23) | 9.74 | (17.26) | 1,627 | 1.92 | 2.02 | 0.58 | 126 | |
7/1/18 to 6/30/19 | 19.30 | 0.16 | (2.41) | (2.25) | — | — | (4.08) (16) | (4.08) | — | (6.33) | 12.97 | (8.35) | 3,984 | 1.93 | 2.01 | 0.88 | 47 | |
7/1/17 to 6/30/18 | 22.14 | 0.11 | 1.31 | 1.42 | — | — | (4.26) | (4.26) | — | (2.84) | 19.30 | 6.26 | 106,052 | 1.95 | 2.00 | 0.54 | 24 | |
7/1/16 to 6/30/17 | 19.02 | 0.12 | 3.75 | 3.87 | (0.19) | — | (0.56) | (0.75) | — | 3.12 | 22.14 | 20.45 | 135,225 | 1.95 | 1.99 | 0.56 | 30 | |
Class P | ||||||||||||||||||
7/1/20 to 6/30/21 | $12.97 | 0.25 | 5.52 | 5.77 | (0.27) | — | (0.05) | (0.32) | — | 5.45 | $ 18.42 | 44.88 % | $ 24,149 | 0.91 % (8) | 0.96 % | 1.61 % | 65 % | |
7/1/19 to 6/30/20 | 16.79 | 0.25 | (2.68) | (2.43) | (0.09) | — | (1.30) | (1.39) | — | (3.82) | 12.97 | (16.39) | 21,354 | 0.92 | 1.02 | 1.62 | 126 | |
7/1/18 to 6/30/19 | 24.18 | 0.38 | (2.97) | (2.59) | (0.68) | — | (4.12) | (4.80) | — | (7.39) | 16.79 | (7.49) | 39,426 | 0.93 | 1.01 | 1.91 | 47 | |
7/1/17 to 6/30/18 | 26.69 | 0.39 | 1.56 | 1.95 | (0.20) | — | (4.26) | (4.46) | — | (2.51) | 24.18 | 7.27 | 65,466 | 0.95 | 1.00 | 1.54 | 24 | |
7/1/16 to 6/30/17 | 22.74 | 0.36 | 4.54 | 4.90 | (0.39) | — | (0.56) | (0.95) | — | 3.95 | 26.69 | 21.66 | 72,679 | 0.95 | 0.99 | 1.42 | 30 | |
Institutional Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $13.13 | 0.27 | 5.59 | 5.86 | (0.28) | — | (0.05) | (0.33) | — | 5.53 | $ 18.66 | 45.07 % | $ 94,847 | 0.82 % | 0.89 % | 1.69 % | 65 % | |
7/1/19 to 6/30/20 | 16.95 | 0.27 | (2.72) | (2.45) | (0.07) | — | (1.30) | (1.37) | — | (3.82) | 13.13 | (16.31) | 99,894 | 0.82 | 0.92 | 1.67 | 126 | |
7/1/18 to 6/30/19 | 24.34 | 0.41 | (3.00) | (2.59) | (0.68) | — | (4.12) | (4.80) | — | (7.39) | 16.95 | (7.42) | 288,309 | 0.83 | 0.91 | 1.98 | 47 | |
7/1/17 to 6/30/18 | 26.82 | 0.42 | 1.58 | 2.00 | (0.22) | — | (4.26) | (4.48) | — | (2.48) | 24.34 | 7.43 | 778,547 | 0.85 | 0.90 | 1.61 | 24 | |
7/1/16 to 6/30/17 | 22.84 | 0.42 | 4.53 | 4.95 | (0.41) | — | (0.56) | (0.97) | — | 3.98 | 26.82 | 21.82 | 1,213,861 | 0.83 | 0.89 | 1.68 | 30 | |
Class R6 | ||||||||||||||||||
7/1/20 to 6/30/21 | $13.02 | 0.27 | 5.55 | 5.82 | (0.30) | — | (0.05) | (0.35) | — | 5.47 | $ 18.49 | 45.09 % | $ 88,986 | 0.77 % | 0.84 % | 1.73 % | 65 % | |
7/1/19 to 6/30/20 | 16.85 | 0.27 | (2.68) | (2.41) | (0.12) | — | (1.30) | (1.42) | — | (3.83) | 13.02 | (16.25) | 88,885 | 0.77 | 0.87 | 1.76 | 126 | |
7/1/18 to 6/30/19 | 24.25 | 0.41 | (2.99) | (2.58) | (0.70) | — | (4.12) | (4.82) | — | (7.40) | 16.85 | (7.37) | 150,200 | 0.78 | 0.86 | 2.04 | 47 | |
7/1/17 to 6/30/18 | 26.75 | 0.44 | 1.56 | 2.00 | (0.24) | — | (4.26) | (4.50) | — | (2.50) | 24.25 | 7.44 | 347,379 | 0.80 | 0.85 | 1.70 | 24 | |
7/1/16 to 6/30/17 | 22.79 | 0.41 | 4.55 | 4.96 | (0.44) | — | (0.56) | (1.00) | — | 3.96 | 26.75 | 21.90 | 464,279 | 0.79 | 0.84 | 1.60 | 30 | |
Administrative Class | ||||||||||||||||||
7/1/20 to 6/30/21 | $11.02 | 0.20 | 4.70 | 4.90 | (0.21) | — | (0.05) | (0.26) | — | 4.64 | $ 15.66 | 44.81 % | $ 37,759 | 1.07 % | 1.32 % | 1.45 % | 65 % | |
7/1/19 to 6/30/20 | 14.48 | 0.19 | (2.27) | (2.08) | (0.08) | — | (1.30) | (1.38) | — | (3.46) | 11.02 | (16.58) | 34,323 | 1.07 | 1.17 | 1.39 | 126 | |
7/1/18 to 6/30/19 | 21.65 | 0.30 | (2.73) | (2.43) | (0.62) | — | (4.12) | (4.74) | — | (7.17) | 14.48 | (7.64) | 107,836 | 1.08 | 1.16 | 1.74 | 47 | |
7/1/17 to 6/30/18 | 24.30 | 0.32 | 1.43 | 1.75 | (0.14) | — | (4.26) | (4.40) | — | (2.65) | 21.65 | 7.14 | 206,749 | 1.10 | 1.15 | 1.38 | 24 | |
7/1/16 to 6/30/17 | 20.78 | 0.33 | 4.11 | 4.44 | (0.36) | — | (0.56) | (0.92) | — | 3.52 | 24.30 | 21.52 | 365,241 | 1.09 | 1.14 | 1.43 | 30 |
Footnote Legend: | |
(1) | Calculated using average shares outstanding. |
(2) | Sales charges, where applicable, are not reflected in the total return calculation. |
(3) | Not annualized for periods less than one year. |
(4) | Annualized for periods less than one year. |
(5) | The Funds will also indirectly bear their prorated share of expenses of any underlying funds in which they invest. Such expenses are not included in the calculation of this ratio. |
(6) | Due to a change in expense waiver, the ratio shown is a blended expense ratio. |
(7) | Amount is less than $0.005 per share. |
(8) | The share class is currently under its expense limitation. |
(9) | Payments from Affiliates increased the end of period net asset value and total return by less than $0.01 and 0.01%, respectively. |
(10) | Inception date. |
(11) | Portfolio turnover is representative of the Fund for the entire period. |
(12) | Payment from affiliate had no impact on total return. |
(13) | An out of period adjustment of $3,694,541, which is included in miscellaneous income, related to income earned in previous years, decreased net investment loss per share and increased net asset value per share by approximately $0.15 for Class A; $0.13 for Class C; $0.20 for Class P; $0.20 for Institutional Class and $0.04 for Administrative Class. The increase in total return and decrease in ratio of net investment loss to average net assets relating to this income for each share class was approximately 0.33% and 0.28% for Class A; 0.35% and 0.29% for Class C; 0.40% and 0.33% for Class P; 0.40% and 0.32% for Institutional Class; 0.09% and 0.08% for Administrative Class, respectively. |
(14) | Payments from securities litigation increased net realized and change in unrealized gain (loss) and net asset value per share by approximately $0.65 for Class A; $0.68 for Class C; $0.71 for Class R; $0.75 for Class P; $0.57 for Institutional Class and $0.65 for Administrative Class. The increase in total return per class was approximately 3.24% for Class A; 3.33% for Class C; 3.50% for Class R; 3.72% for Class P; 2.87% for Institutional Class and 3.21% for Administrative Class. |
(15) | Payments from securities litigation increased net realized and change in unrealized gain (loss) and net asset value per share by approximately $1.41 for Class A; $1.23 for Class C; $1.13 for Class R; $1.93 for Class P; $1.19 for Institutional Class and $1.63 for Administrative Class. The increase in total return per class was approximately 5.86% for Class A; 6.08% for Class C; 5.37% for Class R; 9.70% for Class P; 4.66% for Institutional Class and 6.58% for Administrative Class. |
(16) | The character of a portion of the distribution was redesignated from net investment income to net realized capital gain for the year ended June 30, 2019. The per share amount for Class C differs from other classes, as at the time the distribution was made, Class C had minimal distributable net investment income, therefore no redesignation for Class C was made. |
June 30, 2021
A. | Security Valuation |
Starting February 1, 2021, concurrent with the change in adviser to Virtus Investment Advisers, Inc. (the “Adviser”) (as detailed in Note 4A), the Funds adopted valuation policies and procedures used by the other Virtus-sponsored registered Funds. | |
Each Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The Funds’ policy is to recognize transfers into or out of Level 3 at the end of the reporting period. |
B. | Security Transactions and Investment Income |
Security transactions are recorded on the trade date. Realized gains and losses from the sale of securities are determined on the identified cost basis. Dividend income is recognized on the ex-dividend date or, in the case of certain foreign securities, as soon as a Fund is notified. Interest income is recorded on the accrual basis. Each Fund amortizes premiums and accretes discounts using the effective interest method. Premiums on callable debt securities are amortized to interest income to the earliest call date using the effective interest method. Conversion premium is not amortized. Any distributions from underlying funds are recorded in accordance with the character of the distributions as designated by the underlying funds. | |
Dividend income from REITs is recorded using management’s estimate of the percentage of income included in distributions received from such investments based on historical information and other industry sources. The return of capital portion of the estimate is a reduction to investment income and a reduction in the cost basis of each investment which increases net realized gain (loss) and net change in unrealized appreciation (depreciation). If the return of capital distributions exceed their cost basis, the distributions are treated as realized gains. The actual amounts of income, return of capital, and capital gains are only determined by each REIT after its fiscal year-end, and may differ from the estimated amounts. | |
C. | Income Taxes |
Each Fund is treated as a separate taxable entity. It is the intention of each Fund to comply with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”) and to distribute substantially all of its taxable income to its shareholders. Therefore, no provision for federal income taxes or excise taxes has been made. | |
Certain Funds may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. Each Fund will accrue such taxes and recoveries as applicable based upon current interpretations of the tax rules and regulations that exist in the markets in which it invests. | |
Management of the Funds has concluded that there are no significant uncertain tax positions that would require recognition in the financial statements. Each Fund’s U.S. federal income tax return is generally subject to examination by the Internal Revenue Service for a period of three years after it is filed. State, local and/or non-U.S. tax returns and/or other filings may be subject to examination for different periods, depending upon the tax rules of each applicable jurisdiction. | |
D. | Distributions to Shareholders |
Distributions are recorded by each Fund on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations which may differ from U.S. GAAP. | |
E. | Expenses |
Expenses incurred together by a Fund and other affiliated mutual funds are allocated in proportion to the net assets of each such fund, except where allocation of direct expenses to each Fund or an alternative allocation method can be more appropriately used. | |
In addition to the net annual operating expenses that a Fund bears directly, the shareholders of a Fund indirectly bear the pro-rata expenses of any underlying mutual funds in which the Fund invests. | |
F. | Convertible Securities |
Certain Funds may invest a portion of their assets in convertible securities. Although convertible securities derive part of their value from that of the securities into which they are convertible, they are not considered derivative financial instruments. However, certain of the Funds’ investments in convertible securities include features which render them sensitive to price changes in their underlying securities. The value of structured/synthetic convertible securities can be affected by interest rate changes and credit risks of the issuer. Such securities may be structured in ways that limit their potential for capital appreciation, and the entire value of the security may be at risk of loss depending on the performance of the underlying equity security. Consequently, the Funds are exposed to greater downside risk than traditional convertible securities, but typically still less than that of the underlying stock. | |
G. | Foreign Currency Transactions |
Non-U.S. investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the foreign currency exchange rate effective at the end of the reporting period. Cost of investments is translated at the currency exchange rate effective at the trade date. The gain or loss resulting from a change in currency exchange rates between the trade and settlement date of a portfolio transaction is treated as a gain or loss on foreign currency. Likewise, the gain or loss resulting from a change in currency exchange rates between the date income is accrued and the date it is paid is treated as a gain or loss on foreign currency. The Funds do not isolate that portion of the results of operations arising from changes in foreign exchange rates on investments from the fluctuations arising from changes in the market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss on investments. | |
H. | When-issued Purchases and Forward Commitments (Delayed Delivery) |
Certain Funds may engage in when-issued or forward commitment transactions. Securities purchased on a when-issued or forward commitment basis are also known as delayed delivery transactions. Delayed delivery transactions involve a commitment by a Fund to purchase or sell a security at a future date (ordinarily up to 90 days later). When-issued or forward commitments enable the Funds to lock in what is believed to be an attractive price or yield on a particular security for a period of time, regardless of future changes in interest rates. Each Fund records when-issued and forward commitment securities on the trade date. Each Fund maintains collateral for the securities purchased. Securities purchased on a when-issued or forward commitment basis begin earning interest on the settlement date. |
I. | Leveraged Loans |
Certain Funds may invest in direct debt instruments which are interests in amounts owed by a corporate, governmental, or other borrower to lenders or lending syndicates. Leveraged loans are generally non-investment grade and often involve borrowers that are highly leveraged. The Funds may invest in obligations of borrowers who are in bankruptcy proceedings. Leveraged loans are typically senior in the corporate capital structure of the borrower. A loan is often administered by a bank or other financial institution (the “lender”) that acts as agent for all holders. The agent administers the terms of the loan, as specified in the leveraged loan. A Fund’s investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. When investing in loan participations, a Fund has the right to receive payments of principal, interest and any fees to which it is entitled only from the lender selling the loan participation and only upon receipt by the lender of payments from the borrower. A Fund generally has no right to enforce compliance with the terms of the leveraged loan with the borrower. As a result, a Fund may be subject to the credit risk of both the borrower and the lender that is selling the leveraged loan. When a Fund purchases assignments from lenders it acquires direct rights against the borrower on the loan. | |
A Fund may invest in multiple series or tranches of a loan, which may have varying terms and carry different associated risks. Leveraged loans may involve foreign borrowers and investments may be denominated in foreign currencies. Direct indebtedness of emerging countries involves a risk that the government entities responsible for the repayment of the debt may be unable, or unwilling, to pay the principal and interest when due. | |
The leveraged loans have floating rate loan interests which generally pay interest at rates that are periodically determined by reference to a base lending rate plus a premium. The base lending rates are generally LIBOR, the prime rate offered by one or more U.S. banks or the certificate of deposit rate. When a leveraged loan is purchased a Fund may pay an assignment fee. On an ongoing basis, a Fund may receive a commitment fee based on the undrawn portion of the underlying line of credit portion of a leveraged loan. Prepayment penalty fees are received upon the prepayment of a leveraged loan by a borrower. Prepayment penalty, facility, commitment, consent and amendment fees are recorded to income as earned or paid. | |
J. | Repurchase Agreements |
Certain Funds are parties to Master Repurchase Agreements (“Master Repo Agreements”) with select counterparties. The Master Repo Agreements include provisions for initiation of repurchase transactions, income payments, events of default, and maintenance of collateral. | |
The Funds enter into transactions, under the Master Repo Agreements, with their custodian bank or securities brokerage firms whereby they purchase securities under agreements (i.e., repurchase agreements) to resell such securities at an agreed upon price and date. The Funds, through their custodian, take possession of securities collateralizing the repurchase agreement. Such agreements are carried at the contract amount in the financial statements, which is considered to represent fair value. The collateral that is pledged (i.e. the securities received by the Funds), which consists primarily of U.S. government obligations and asset-backed securities, is held by the custodian bank for the benefit of the Funds until the maturity of the repurchase agreement. Provisions of the repurchase agreements and the procedures adopted by the Funds require that the market value of the collateral, including accrued interest thereon, be sufficient in the event of default by the counterparty. If the counterparty defaults under the Master Repo Agreements and the value of the collateral declines or if the counterparty enters an insolvency proceeding, realization of the collateral by the Funds may be delayed or limited. At June 30, 2021, the Funds held no investments in repurchase agreements. | |
K. | Securities Sold Short |
Certain Funds engage in short sales for investment and risk management purposes. Short sales are transactions in which a Fund sells a security or other instrument (such as an option, forward, future or other derivative contract) it does not own. When a Fund engages in a short sale, it must borrow the security sold short and deliver it to the counterparty. The Funds will ordinarily have to pay a fee or premium to borrow a security and be obligated to repay the lender of the security any dividend or interest that accrues on the security during the period of the loan. Until a short position is closed out, the net proceeds of the short sale will be retained by the lending broker to the extent necessary to meet margin requirements, together with any additional assets the broker requires as collateral. This collateral earns interest and the interest is used to pay each lender a fee for borrowed securities, to compensate the broker for its services, and to provide a rebate to the borrower (the Fund) for posting the collateral. The net proceeds from these transactions are shown as miscellaneous income or miscellaneous expense on the Statements of Operations. A Fund is also required to designate, on its books or the books of its custodian, liquid assets (less any additional collateral held by the broker) to cover the short sale obligation, marked to market daily. Short sales expose the Funds to the risk that they will be required to cover the short position at a time when the security or other asset has appreciated in value, thus resulting in losses to the applicable Fund. A short sale is “against the box” if a Fund holds in its portfolio or has the right to acquire the security sold short at no additional cost. The Funds will be subject to additional risks to the extent that they engage in short sales that are not “against the box.” A Fund’s loss on a short sale could theoretically be unlimited in cases where the Fund is unable, for whatever reason, to close out its short position. |
L. | Warrants |
The Funds may receive warrants. Warrants are securities that are usually issued together with a debt security or preferred stock and that give the holder the right to buy a proportionate amount of common stock at a specified price. Warrants may be freely transferable and are often traded on major exchanges. Warrants normally have a life that is measured in years and entitle the holder to buy common stock of a company at a price that is usually higher than the market price at the time the warrant is issued. Warrants may entail greater risks than certain other types of investments. Generally, warrants do not carry the right to receive dividends or exercise voting rights with respect to the underlying securities, and they do not represent any rights in the assets of the issuer. In addition, their value does not necessarily change with the value of the underlying securities, and they cease to have value if they are not exercised on or before their expiration date. If the market price of the underlying stock does not exceed the exercise price during the life of the warrant, the warrant will expire worthless. Warrants may increase the potential profit or loss to be realized from the investment as compared with investing the same amount in the underlying securities. Similarly, the percentage increase or decrease in the value of an equity security warrant may be greater than the percentage increase or decrease in the value of the underlying common stock. Warrants may relate to the purchase of equity or debt securities. Debt obligations with warrants attached to purchase equity securities have many characteristics of convertible securities and their prices may, to some degree, reflect the performance of the underlying stock. Debt obligations also may be issued with warrants attached to purchase additional debt securities at the same coupon rate. A decline in interest rates would permit a Fund to sell such warrants at a profit. If interest rates rise, these warrants would generally expire with no value. |
A. | Forward Foreign Currency Exchange Contracts |
A forward foreign currency exchange contract is an agreement between two parties to buy and sell a currency at a set exchange rate on a future date. Forward foreign currency exchange contracts, when used by a Fund, help to manage the overall exposure to the currencies in which some of the investments held by the Fund are denominated. The contract is marked-to-market daily and the change in market value is recorded by the Fund as an unrealized appreciation or depreciation. When the contract is closed, the Fund records a realized gain or loss equal to the difference between the value at the time it was opened and the value at the time it was closed. The use of forward foreign currency exchange contracts involves the risk that the value of the contract changes unfavorably due to movements in the value of the referenced foreign currencies. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in U.S. dollars without the delivery of foreign currency. | |
During the fiscal year ended June 30, 2021, the AllianzGI Global Small-Cap Fund, AllianzGI Health Sciences, and AllianzGI Technology Fund entered into forward foreign currency exchange contracts as an economic hedge against either specific transactions or portfolio instruments or to obtain exposure to, or hedge exposure away from, foreign currencies (foreign currency exchange rate risk). | |
Forward foreign currency contracts outstanding at period end, if any, are listed after each Fund’s Schedule of Investments. | |
B. | Options Contracts |
An options contract provides the purchaser with the right, but not the obligation, to buy (call option) or sell (put option) a financial instrument at an agreed upon price. Certain Funds may purchase or write both put and call options on portfolio securities. A Fund doing so is subject to equity price risk and/or foreign currency risk in the normal course of pursuing its investment objectives. | |
When a Fund purchases an option, it pays a premium and an amount equal to that premium is recorded as an asset. When a Fund writes an option, it receives a premium and an amount equal to that premium is recorded as a liability. The asset or liability is adjusted daily to reflect the current market value of the option. Holdings of the Fund designated to cover outstanding written options are noted in the Schedules of Investments. Purchased options are reported as an asset within “Investment in securities at value” in the Statements of Assets and Liabilities. Written options are reported as a liability within “Written options at value.” Changes in value of the purchased option are included in “Net change in unrealized appreciation (depreciation) from investments” in the Statements of Operations. Changes in value of written options are included in “Net change in unrealized appreciation (depreciation) from written options” in the Statements of Operations. | |
If an option expires unexercised, the Fund realizes a gain or loss to the extent of the premium received or paid. If an option is exercised, the premium received or paid is recorded as an adjustment to the proceeds from the sale or the cost basis of the purchase. The difference between the premium and the amount received or paid on effecting a closing purchase or sale transaction is also treated as a realized gain or loss. Gain or loss on purchased options is included in “Net realized gain (loss) on investments” in the Statements of Operations. Gain or loss on written options is presented separately as “Net realized gain (loss) from written options” in the Statements of Operations. | |
The risk in writing call options is that the Fund gives up the opportunity for profit if the market price/foreign currency rate of the referenced security/currency increases and the option is exercised. The risk in writing put options is that the Fund may incur a loss if the market price/foreign currency rate of the referenced security/currency decreases and the option is exercised. The risk in buying options is that the Fund pays a premium whether or not the option is exercised. The use of such instruments may involve certain additional risks as a result of unanticipated movements in the market. Writers (sellers) of options are subject to unlimited risk of loss, as the seller will be obligated to deliver or take delivery of the security at a predetermined price which may, upon exercise of the option, be significantly different from the then-market value. | |
During the fiscal year ended June 30, 2021, the AllianzGI Focused Growth Fund, AllianzGI Income & Growth Fund, and AllianzGI Technology Fund invested in written covered call options contracts in an attempt to manage equity price risk and with the purpose of generating realized gains. |
The effect of derivatives on the Statements of Assets and Liabilities at June 30, 2021: |
Primary Risk | AllianzGI Income & Growth Fund | AllianzGI Technology Fund | ||||
Asset Derivatives | ||||||
Equity contracts | Purchased options at value(1) | $ — | $ 16,000 | |||
Total | $ — | $ 16,000 | ||||
Liability Derivatives | ||||||
Equity contracts | Written options at value | $(4,303) | $(10,042) | |||
Total | $(4,303) | $(10,042) |
Primary Risk | AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | |||
Net Realized Gain (Loss) From | ||||||
Equity contracts | Purchased options(2) | $ (2,813) | $— | $ — | ||
Equity contracts | Written options | 1,762 | — | — | ||
Foreign currency contracts | Forward foreign currency transactions | — | — (3) | (7) | ||
Total | $ (1,051) | $— (3) | $ (7) | |||
Net Change in Unrealized Appreciation/Depreciation on | ||||||
Equity contracts | Written options | $ (539) | $— | $ — | ||
Foreign currency contracts | Forward foreign currency transactions | — | — (3) | — | ||
Total | $ (539) | $— (3) | $ — |
Primary Risk | AllianzGI Income & Growth Fund | AllianzGI Technology Fund | ||
Net Realized Gain (Loss) From | ||||
Equity contracts | Purchased options(2) | $ — | $ 61,376 | |
Equity contracts | Written options | 1,154 | 28,204 | |
Foreign currency contracts | Forward foreign currency transactions | — | 42 | |
Total | $ 1,154 | $ 89,622 | ||
Net Change in Unrealized Appreciation/Depreciation on | ||||
Equity contracts | Purchased options(4) | $ — | $ (25,518) | |
Equity contracts | Written options | (3,095) | 4,214 | |
Total | $ (3,095) | $ (21,304) |
(1) | Amount included in Investment in securities at value. |
(2) | Amount included in Net realized gain (loss) on investments. |
(3) | Amount is less than $500. |
(4) | Amount included in Net change in unrealized appreciation (depreciation) on investments. |
AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | |||
Purchased Options(1) | $639 | $ — | $ — | ||
Written Options(1) | 654 | — | — | ||
Forward Foreign Currency Exchange Purchase Contracts(2) | — | 17 | 173 |
AllianzGI Focused Growth Fund | AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | |||
Forward Foreign Currency Exchange Sale Contracts(2) | $ — | $24 | $ — |
AllianzGI Income & Growth Fund | AllianzGI Technology Fund | ||
Purchased Options(1) | $ — | $17,701 | |
Written Options(1) | 1,656 | 15,602 | |
Forward Foreign Currency Exchange Purchase Contracts(2) | — | 1,319 | |
Forward Foreign Currency Exchange Sale Contracts(2) | — | 88 |
(1) Premium amount. |
(2) Notional amount. |
C. | Derivative Risks |
A derivative contract may suffer a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. Losses can also occur if the counterparty does not perform under the contract. | |
A Fund’s risk of loss from counterparty credit risk on derivatives bought or sold over the counter (“OTC”), rather than traded on a securities exchange, is generally limited to the aggregate unrealized gain netted against any collateral held by such Fund. For OTC purchased options, each Fund bears the risk of loss of the amount of the premiums paid plus the positive change in market values net of any collateral held by such Fund should the counterparty fail to perform under the contracts. Options written by a Fund do not typically give rise to counterparty credit risk, as options written generally obligate the Fund, and not the counterparty to perform. | |
With exchange traded purchased options and futures and centrally cleared swaps generally speaking, there is less counterparty credit risk to the Fund since the exchange or clearinghouse, as counterparty to such instruments, guarantees against a possible default. The clearinghouse stands between the buyer and the seller of the contract; therefore, credit risk is limited to failure of the clearinghouse. While offset rights may exist under applicable law, a Fund does not have a contractual right of offset against a clearing broker or clearinghouse in the event of a default (including the bankruptcy or insolvency) of the clearing broker or clearinghouse. Additionally, credit risk exists in exchange traded futures and centrally cleared swaps with respect to initial and variation margin that is held in a clearing broker’s customer accounts. While clearing brokers are required to segregate customer margin from their own assets, in the event that a clearing broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the clearing broker for all its clients, typically the shortfall would be allocated on a pro rata basis across all the clearing broker’s customers, potentially resulting in losses to the Fund. | |
In order to better define its contractual rights and to secure rights that will help a Fund mitigate its counterparty risk, each Fund may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar agreement with its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, collateral posting terms and netting provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency or other events. In addition, certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event a Fund’s net assets decline by a stated percentage or the Fund fails to meet the terms of its ISDA Master Agreements, which would cause the Fund to accelerate payment of any net liability owed to the counterparty. | |
D. | Collateral Requirements and Master Netting Agreements (“MNA”) |
For derivatives traded under an ISDA Master Agreement, the collateral requirements are typically calculated by netting the mark-to-market amount for each transaction under such agreement and comparing that amount to the value of any collateral currently pledged by the Funds and the counterparty. |
Cash collateral that has been pledged to cover obligations of a Fund and cash collateral received from the counterparty, if any, is reported separately on the Statements of Assets and Liabilities as cash pledged as collateral and cash received as collateral, respectively. Non-cash collateral pledged by a Fund, if any, is noted in the Schedules of Investments. Typically, the Funds and counterparties are not permitted to sell, re-pledge or use the collateral they receive. To the extent amounts due to a Fund from its counterparties are not fully collateralized, contractually or otherwise, the Fund bears the risk of loss from counterparty non-performance. The Funds attempt to mitigate counterparty risk by only entering into agreements with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. | |
For financial reporting purposes, the Funds do not offset derivative assets and derivative liabilities that are subject to netting arrangements in the Statements of Assets and Liabilities. | |
The following tables present the Funds’ derivative assets and liabilities by counterparty net of amounts available for offset under a MNA and net of the related collateral received/pledged by the Funds as of June 30, 2021. |
At June 30, 2021, the Fund’s derivative assets and liabilities (by type) are as follows: | |||||||||||
AllianzGI Income & Growth Fund | AllianzGI Technology Fund | ||||||||||
Assets | Liabilities | Assets | Liabilities | ||||||||
Derivative Financial Instruments: | |||||||||||
Purchased options | $— | $ — | $ 16,000 | $ — | |||||||
Written options | — | 4,303 | — | 10,042 | |||||||
Total derivative assets and liabilities in the Statements of Assets and Liabilities | $— | $ 4,303 | $ 16,000 | $ 10,042 | |||||||
Derivatives not subject to a MNA or similar agreement | — | (4,303) | (16,000) | (10,042) | |||||||
Total assets and liabilities subject to a MNA | $— | $ — | $ — | $ — |
A. | Investment Adviser |
Effective February 1, 2021, the Adviser, an indirect, wholly-owned subsidiary of Virtus Investment Partners, Inc. (“Virtus”), is the investment adviser to the Funds. The Adviser manages the Funds’ investment programs and general operations of the Funds, including oversight of the Funds’ subadvisers. Prior to February 1, 2021, Allianz Global Investors U.S. LLC (“AllianzGI U.S.”) served as the investment adviser to the Funds. | |
As compensation for its services to the Funds, the Adviser is entitled to a fee, which is calculated daily and paid monthly based upon the following annual rates as a percentage of the average daily net assets of each Fund: |
Fund | Advisory Fee | |
AllianzGI Emerging Markets Opportunities Fund | 0.85% | |
AllianzGI Focused Growth Fund | 0.45 | |
AllianzGI Global Small-Cap Fund | 0.90 | |
AllianzGI Health Sciences Fund | 0.80 | |
AllianzGI Income & Growth Fund | 0.65 | |
AllianzGI Mid-Cap Growth Fund | 0.47 | |
AllianzGI Small-Cap Fund | 0.60 | |
AllianzGI Technology Fund | 0.90 | |
NFJ Dividend Value Fund | 0.45 | |
NFJ International Value Fund | 0.60 | |
NFJ Large-Cap Value Fund | 0.45 | |
NFJ Mid-Cap Value Fund | 0.55 | |
NFJ Small-Cap Value Fund | 0.60 |
B. | Subadvisers |
The subadvisers manage the investments of each Fund for which they are paid a fee by the Adviser. A list of the subadvisers and the Funds they serve as of the end of the period is as follows: |
Fund | Subadviser | |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI U.S. | |
AllianzGI Focused Growth Fund | AllianzGI U.S. | |
AllianzGI Global Small-Cap Fund | AllianzGI U.S. | |
AllianzGI Health Sciences Fund | AllianzGI U.S. | |
AllianzGI Income & Growth Fund | AllianzGI U.S. | |
AllianzGI Mid-Cap Growth Fund | AllianzGI U.S. | |
AllianzGI Small-Cap Fund | AllianzGI U.S. | |
AllianzGI Technology Fund | AllianzGI U.S. | |
NFJ Dividend Value Fund | NFJ (1) | |
NFJ International Value Fund | NFJ (1) | |
NFJ Large-Cap Value Fund | NFJ (1) | |
NFJ Mid-Cap Value Fund | NFJ (1) | |
NFJ Small-Cap Value Fund | NFJ (1) |
(1) | NFJ Investment Group, LLC (“NFJ”), which is a newly formed indirect, wholly-owned subsidiary of Virtus, the portfolio management team of which was previously employed by AllianzGI U.S. |
C. | Expense Limitations |
Effective February 1, 2021, the Adviser has contractually agreed to limit each Fund’s annual total operating expenses, subject to the exceptions listed below, so that such expenses do not exceed, on an annualized basis, the following respective percentages of average daily net assets through February 1, 2023. Following the contractual period, the Adviser may discontinue these expense limitation arrangements at any time. The waivers and reimbursements are accrued daily and received monthly. |
Fund | Class A | Class C | Class P | Institutional Class | Class R6 | Administrative Class | ||||||
AllianzGI Emerging Markets Opportunities Fund | 1.29 % | 2.04 % | 1.04 % | 0.94 % | 0.89 % | N/A | ||||||
AllianzGI Focused Growth Fund | 1.00 | 1.77 * | 0.77 * | 0.67 | 0.62 | 0.92 | ||||||
AllianzGI Global Small-Cap Fund | 1.63 * | 2.38 * | 1.38 * | 1.28 | N/A | N/A | ||||||
AllianzGI Health Sciences Fund | 1.47 * | 2.22 * | 1.22 * | 1.12 | N/A | N/A | ||||||
AllianzGI Income & Growth Fund | 1.28 * | 2.03 * | 1.03 * | 0.93 | N/A | N/A | ||||||
AllianzGI Mid-Cap Growth Fund | 1.14 * | 1.89 * | 0.89 * | 0.79 * | N/A | 1.04 * | ||||||
AllianzGI Small-Cap Fund | 1.17 | 1.92 | 0.92 | 0.82 | 0.77 | N/A | ||||||
AllianzGI Technology Fund | 1.57 * | 2.32 * | 1.32 * | 1.22 * | N/A | 1.47 * | ||||||
NFJ Dividend Value Fund | 1.05 | 1.80 | 0.80 | 0.70 | 0.65 | 0.95 | ||||||
NFJ International Value Fund | 1.30 * | 2.05 * | 1.05 * | 0.95 | 0.90 | 1.20 | ||||||
NFJ Large-Cap Value Fund | 1.12 * | 1.87 * | 0.87 * | 0.77 * | N/A | 1.02 | ||||||
NFJ Mid-Cap Value Fund | 1.00 | 1.75 | 0.75 | 0.65 | 0.60 | 0.90 | ||||||
NFJ Small-Cap Value Fund | 1.17 * | 1.92 * | 0.92 * | 0.82 | 0.77 | 1.07 |
* | Each share class is currently below its expense cap. |
Investment Advisory Fee | Administration Fee | |||||||||||
Fund | All Class | Class A and Class C | Class P | Institutional Class | Class R6 | Administrative Class | ||||||
AllianzGI Emerging Markets Opportunities Fund(1) | 0.85% (2) | 0.50% (3) | 0.50% (3) | 0.40% (3) | 0.35% (3) | N/A% | ||||||
AllianzGI Focused Growth Fund(4) | 0.45 (5) | 0.40 (6) | 0.40 | 0.30 | 0.25 | 0.30 | ||||||
AllianzGI Global Small-Cap Fund(7) | 0.90 | 0.45 | 0.45 | 0.35 | 0.30 | N/A | ||||||
AllianzGI Health Sciences Fund(4) | 0.80 | 0.40 | 0.40 | 0.30 | N/A | N/A | ||||||
AllianzGI Income & Growth Fund(4) | 0.65 (8) | 0.40 | 0.40 | 0.30 | N/A | N/A | ||||||
AllianzGI Mid-Cap Growth Fund(4) | 0.47 | 0.40 | 0.40 | 0.30 | N/A | 0.30 | ||||||
AllianzGI Small-Cap Fund(4) | 0.60 | 0.40 (9) | 0.40 (9) | 0.30 (9) | 0.25 (9) | N/A | ||||||
AllianzGI Technology Fund(4) | 0.90 (10) | 0.40 | 0.40 | 0.30 | N/A | 0.30 | ||||||
NFJ Dividend Value Fund(4) | 0.45 (11) | 0.40 | 0.40 | 0.30 | 0.25 | 0.30 | ||||||
NFJ International Value Fund(1) | 0.60 (12) | 0.50 (13) | 0.50 (13) | 0.40 (13) | 0.35 (13) | 0.40 (13) | ||||||
NFJ Large-Cap Value Fund(4) | 0.45 | 0.40 | 0.40 | 0.30 | N/A | 0.30 | ||||||
NFJ Mid-Cap Value Fund(4) | 0.55 | 0.40 (14) | 0.40 (14) | 0.30 (14) | 0.25 (14) | 0.30 (14) | ||||||
NFJ Small-Cap Value Fund(4) | 0.60 (15) | 0.40 | 0.40 | 0.30 | 0.25 | 0.30 |
D. | Expense Recapture |
Under certain conditions, the Adviser may recapture operating expenses reimbursed or fees waived under these arrangements within three years after the date on which such amounts were incurred or waived. A Fund must pay its ordinary operating expenses before the Adviser is entitled to any reimbursement and must remain in compliance with any applicable expense limitations or, if none, the expense limitation in effect at the time of the waiver or reimbursement. All or a portion of the following Adviser reimbursed expenses may be recaptured by the fiscal year ending: |
Expiration | ||
Fund | 2024 | |
AllianzGI Emerging Markets Opportunities Fund | ||
Class A | $ 32 | |
Class C | 1 | |
Class P | 7 | |
Institutional Class | 235 | |
Class R6 | 31 | |
AllianzGI Global Small-Cap Fund | ||
Class A | — (1) | |
Class C | — (1) | |
Institutional Class | 11 | |
AllianzGI Health Sciences Fund | ||
Class A | — (1) | |
Class C | — (1) | |
Institutional Class | 3 | |
AllianzGI Income & Growth Fund | ||
Institutional Class | — (1) |
Expiration | ||
Fund | 2024 | |
AllianzGI Small-Cap Fund | ||
Class A | $ 7 | |
Class C | 1 | |
Class P | 11 | |
Institutional Class | 28 | |
Class R6 | 4 | |
NFJ Dividend Value Fund | ||
Institutional Class | 9 | |
Class R6 | 1 | |
Administrative Class | — (1) | |
NFJ International Value Fund | ||
Institutional Class | 5 | |
Class R6 | — (1) | |
Administrative Class | — (1) | |
NFJ Large-Cap Value Fund | ||
Administrative Class | — (1) | |
NFJ Mid-Cap Value Fund | ||
Class A | 186 | |
Class C | 10 | |
Class P | 68 | |
Institutional Class | 298 | |
Class R6 | 51 | |
Administrative Class | 26 | |
NFJ Small-Cap Value Fund | ||
Institutional Class | 16 | |
Class R6 | 13 | |
Administrative Class | 73 |
(1) | Amount is less than $500. |
E. | Distributor |
Effective February 1, 2021, VP Distributors, LLC (“VP Distributors”), an indirect, wholly-owned subsidiary of Virtus, serves as the distributor of each Fund’s shares. VP Distributors has advised the Funds that for the 5 months ended June 30, 2021, it retained net commissions of $718 for Class A shares and CDSC of $1 and $31 for Class A shares and Class C shares, respectively. Prior to February 1, 2021, Allianz Global Investors Distributors LLC, the former Distributor, served as the principal underwriter of each class of the Trust’s shares. | |
In addition, each Fund pays VP Distributors 12b-1 fees under a 12b-1 Plan as a percentage of the average daily net assets of each respective class at the annual rates of 0.25% for Class A shares, and 1.00% for Class C shares. Administrative Class shares pay a 0.25% Administrative Distribution fee. Class P shares, Institutional Class shares, Class R6 shares, and Administrative Class shares are not subject to a 12b-1 Plan. Prior to February 1, 2021, each Fund paid Allianz Global Investors Distributors LLC 12b-1 fees under a 12b-1 Plan as a percentage of the average daily net assets of each respective class at the same annual rates disclosed above. | |
Under certain circumstances, shares of certain Virtus Mutual Funds may be exchanged for shares of the same class of certain other Virtus Mutual Funds on the basis of the relative NAV per share at the time of the exchange. On exchanges with share classes that carry a CDSC, the CDSC schedule of the original shares purchased continues to apply. | |
F. | Administrator and Transfer Agent |
Effective February 1, 2021, Virtus Fund Services, LLC, an indirect, wholly-owned subsidiary of Virtus, serves as the administrator and transfer agent to the Funds. Prior to February 1, 2021, in its capacity as investment adviser to the Funds during the period, in addition to its investment advisory services, AllianzGI U.S. provided administrative services to the Funds. Prior to February 1, 2021, State Street Bank served as transfer agent to the Funds. | |
For the fiscal year (“period”) ended June 30, 2021, the Funds incurred administration fees totaling $34,825 which are included in the Statements of Operations within the line item “Administration and accounting fees.” The fees are calculated daily and paid monthly. | |
For the period ended June 30, 2021, the Funds incurred transfer agent fees totaling $2,544 which are included in the Statements of Operations within the line item “Transfer agent fees and expenses.” The fees are calculated daily and paid monthly. | |
G. | Payments from Affiliates |
During the period ended June 30, 2021, AllianzGI U.S. (which was the investment adviser to the Fund prior February 1, 2021) reimbursed AllianzGI Mid-Cap Growth Fund $33 for realized losses. |
H. | Investments with Affiliates |
The Funds are permitted to purchase assets from or sell assets to certain related affiliates under specified conditions outlined in procedures adopted by the Board. The procedures have been designed to ensure that any purchase or sale of assets by the Fund from or to another fund or portfolio that are, or could be, considered an affiliate by virtue of having a common investment adviser (or affiliated investment advisers), common Trustees and/or common officers comply with Rule 17a-7 under the 1940 Act. Further, as defined under the procedures, each transaction is effected at the current market price. | |
During the period ended June 30, 2021, the Funds did not engage in any transactions pursuant to Rule 17a-7 under the 1940 Act. | |
An affiliated issuer includes any company in which the Fund held 5% or more of a company’s outstanding voting shares at any point during the period. A summary of the AllianzGI Income & Growth Fund’s total long-term and short-term purchases and sales of the respective shares of the affiliated underlying fund and affiliated issuers during the period ended June 30, 2021, is as follows: |
Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) on affiliated securities | Net change in unrealized appreciation (depreciation) on affiliated securities | Value, end of period | Shares | Dividend income | Distributions of realized gains | |||||||||
AllianzGI Income & Growth Fund | |||||||||||||||||
Common Stocks—0.0% | |||||||||||||||||
CCF Holdings LLC(1),(2) | $ — | $ — | $— | $— | $1,285 | $ 1,285 | 1,759,917 | $ — | $— | ||||||||
CCF Holdings LLC, Class B | — (3) | — | — | — | (—) (3) | — | — | — | — | ||||||||
CENVEO Corp.(1) | 577 | — | — | — | (468) | 109 | 19,074 | — | — | ||||||||
LiveStyle, Inc (1),(2) | — (3) | — | — | — | — | — (3) | 202,319 | — | — | ||||||||
$ 577 | $ — | $— | $— | $ 817 | $ 1,394 | $ — | $— | ||||||||||
Preferred Stock—0.2% | |||||||||||||||||
LiveStyle, Inc. Series B (1),(2) | 15,041 | — | — | — | 2,094 | 17,135 | 171,344 | — | — | ||||||||
Sfx Entertainment, Inc. Series B(4) | — (3) | — | — | — | (—) (3) | — | $ 8,000 | — | — | ||||||||
$15,041 | $ — | $— | $— | $2,094 | $17,135 | $ — | $— | ||||||||||
Affiliated Mutual Fund—0.2% | |||||||||||||||||
Virtus AllianzGI High Yield Bond Fund(5),(6) | $ 9,447 | $ 568 | $— | $— | $ 899 | $10,914 | 1,275,044 | $568 | $— | ||||||||
Leveraged Loans—0.2% | |||||||||||||||||
Music Technology Holdings LLC(1) | — | 11,673 | — | — | — | 11,673 | 11,672,987 | — | — | ||||||||
Total | $25,065 | $12,241 | $— | $— | $3,810 | $41,116 | $568 | $— |
(1) | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Fair Value Hierarchy table located after the Schedule of Investments. |
(2) | Non-income producing. |
(3) | Amount is less than $500. |
(4) | Issuer is not an affiliated investment of the Fund at June 30, 2021. |
(5) | Includes reinvested dividends from income and capital gain distributions. |
(6) | Shares of this fund are publicly offered, and its prospectus and annual report are publicly available. |
I. | Trustee Compensation |
The Trust provides a deferred compensation plan for its Trustees who receive compensation from the Trust. Under the deferred compensation plan, Trustees may elect to defer all or a portion of their compensation. Amounts deferred are retained by the Trust, and then, to the extent permitted by the 1940 Act, in turn, may be invested in the shares of affiliated or unaffiliated mutual funds selected by the participating Trustees. Investments in such instruments are included in “Other assets” in the Statements of Assets and Liabilities at June 30, 2021. |
In calendar year 2018 and certain other periods prior to January 1, 2020, the Funds maintained a different deferred compensation plan pursuant to which each Trustee who was not affiliated with AllianzGI U.S. had the opportunity to elect not to receive all or a portion of his or her fees from the respective Fund on a current basis, but instead to receive in a subsequent period chosen by the Trustee an amount equal to the value of such compensation if such compensation had been invested in one or more series of Virtus Investment Trust (then known as Allianz Funds) and Virtus Strategy Trust (then known as Allianz Funds Multi-Strategy Trust) selected by the such Trustee from and after the normal payment dates for such compensation. The deferred compensation program was closed to new deferrals effective January 1, 2020, and all Trustee fees earned with respect to service in calendar year 2020 were paid in cash, on a current basis. The Trustees do not currently receive any pension or retirement benefits from the Funds. | |
In addition to the Trustee fees deferred in the current period, the Funds still have obligations with respect to Trustee fees deferred in 2018 and in other periods prior to January 1, 2020, and will continue to have such obligations until all deferred Trustee fees are paid out pursuant to the terms of the applicable deferred compensation plan. |
Purchases | Sales | ||
AllianzGI Emerging Markets Opportunities Fund | $ 204,417 | $ 282,422 | |
AllianzGI Focused Growth Fund | 636,856 | 769,546 | |
AllianzGI Global Small-Cap Fund | 91,343 | 104,583 | |
AllianzGI Health Sciences Fund | 175,220 | 185,102 | |
AllianzGI Income & Growth Fund | 5,385,626 | 4,815,716 | |
AllianzGI Mid-Cap Growth Fund | 360,885 | 404,997 | |
AllianzGI Small-Cap Fund | 120,134 | 124,531 | |
AllianzGI Technology Fund | 3,197,789 | 3,358,327 | |
NFJ Dividend Value Fund | 565,157 | 753,102 | |
NFJ International Value Fund | 163,203 | 181,642 | |
NFJ Large-Cap Value Fund | 215,401 | 240,774 | |
NFJ Mid-Cap Value Fund | 1,299,869 | 1,499,829 | |
NFJ Small-Cap Value Fund | 356,080 | 509,110 |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 141 | $ 4,828 | 144 | $ 3,704 | 992 | $ 70,415 | 818 | $ 42,300 | |||||||
Reinvestment of distributions | 9 | 312 | 31 | 867 | 821 | 56,994 | 1,281 | 65,462 | |||||||
Shares repurchased | (510) | (16,950) | (707) | (18,162) | (1,532) | (107,824) | (2,345) | (122,051) | |||||||
Net Increase / (Decrease) | (360) | $ (11,810) | (532) | $ (13,591) | 281 | $ 19,585 | (246) | $ (14,289) | |||||||
Class C | |||||||||||||||
Shares sold | 5 | $ 188 | 5 | $ 128 | 131 | $ 5,206 | 157 | $ 4,983 | |||||||
Reinvestment of distributions | — (1) | 1 | 1 | 31 | 185 | 7,088 | 263 | 7,985 | |||||||
Shares repurchased | (38) | (1,295) | (64) | (1,629) | (528) | (20,941) | (509) | (16,493) | |||||||
Net Increase / (Decrease) | (33) | $ (1,106) | (58) | $ (1,470) | (212) | $ (8,647) | (89) | $ (3,525) |
AllianzGI Emerging Markets Opportunities Fund | AllianzGI Focused Growth Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class R* | |||||||||||||||
Shares sold | — | $ — | — | $ — | 92 | $ 4,398 | 83 | $ 3,051 | |||||||
Reinvestment of distributions | — | — | — | — | 56 | 2,575 | 89 | 3,165 | |||||||
Shares repurchased | — | — | — | — | (654) | (31,739) | (243) | (9,212) | |||||||
Net Increase / (Decrease) | — | $ — | — | $ — | (506) | $ (24,766) | (71) | $ (2,996) | |||||||
Class P | |||||||||||||||
Shares sold | 84 | $ 2,891 | 107 | $ 2,613 | 302 | $ 14,932 | 481 | $ 18,475 | |||||||
Reinvestment of distributions | 7 | 213 | 14 | 376 | 199 | 9,540 | 302 | 11,033 | |||||||
Shares repurchased | (381) | (13,423) | (387) | (9,561) | (604) | (29,940) | (1,040) | (39,333) | |||||||
Net Increase / (Decrease) | (290) | $ (10,319) | (266) | $ (6,572) | (103) | $ (5,468) | (257) | $ (9,825) | |||||||
Institutional Class | |||||||||||||||
Shares sold | 1,662 | $ 58,167 | 2,067 | $ 53,664 | 580 | $ 37,222 | 822 | $ 38,685 | |||||||
Reinvestment of distributions | 73 | 2,426 | 219 | 6,183 | 225 | 14,072 | 364 | 16,858 | |||||||
Shares repurchased | (3,449) | (113,484) | (5,498) | (138,851) | (1,005) | (63,534) | (1,383) | (65,691) | |||||||
Net Increase / (Decrease) | (1,714) | $ (52,891) | (3,212) | $ (79,004) | (200) | $ (12,240) | (197) | $ (10,148) | |||||||
Class R6 | |||||||||||||||
Shares sold | 290 | $ 10,104 | 187 | $ 4,773 | 590 | $ 38,207 | 640 | $ 30,508 | |||||||
Reinvestment of distributions | 11 | 371 | 21 | 583 | 250 | 15,711 | 403 | 18,689 | |||||||
Shares repurchased | (239) | (7,844) | (325) | (8,204) | (647) | (40,929) | (1,225) | (59,455) | |||||||
Net Increase / (Decrease) | 62 | $ 2,631 | (117) | $ (2,848) | 193 | $ 12,989 | (182) | $ (10,258) | |||||||
Administrative Class | |||||||||||||||
Shares sold | — | $ — | — | $ — | 12 | $ 728 | 21 | $ 940 | |||||||
Reinvestment of distributions | — | — | — | — | 10 | 563 | 16 | 696 | |||||||
Shares repurchased | — | — | — | — | (13) | (738) | (57) | (2,529) | |||||||
Net Increase / (Decrease) | — | $ — | — | $ — | 9 | $ 553 | (20) | $ (893) |
AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 70 | $ 3,342 | 33 | $ 1,240 | 125 | $ 4,406 | 133 | $ 4,363 | |||||||
Reinvestment of distributions | 41 | 1,912 | 78 | 2,958 | 588 | 19,561 | 291 | 9,737 | |||||||
Shares repurchased | (145) | (6,464) | (292) | (10,599) | (597) | (21,195) | (648) | (20,945) | |||||||
Net Increase / (Decrease) | (34) | $ (1,210) | (181) | $ (6,401) | 116 | $ 2,772 | (224) | $ (6,845) | |||||||
Class C | |||||||||||||||
Shares sold | 5 | $ 181 | 5 | $ 158 | 12 | $ 318 | 28 | $ 681 | |||||||
Reinvestment of distributions | 5 | 206 | 15 | 464 | 29 | 673 | 13 | 324 | |||||||
Shares repurchased | (70) | (2,511) | (102) | (3,079) | (66) | (1,688) | (42) | (1,032) | |||||||
Net Increase / (Decrease) | (60) | $ (2,124) | (82) | $ (2,457) | (25) | $ (697) | (1) | $ (27) | |||||||
Class P | |||||||||||||||
Shares sold | 7 | $ 346 | 15 | $ 597 | 23 | $ 843 | — | $ — | |||||||
Reinvestment of distributions | 3 | 158 | 10 | 407 | 1 | 18 | — | — | |||||||
Shares repurchased | (62) | (3,246) | (185) | (6,977) | (1) | (24) | — | — | |||||||
Net Increase / (Decrease) | (52) | $ (2,742) | (160) | $ (5,973) | 23 | $ 837 | — | $ — |
AllianzGI Global Small-Cap Fund | AllianzGI Health Sciences Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Institutional Class | |||||||||||||||
Shares sold | 146 | $ 8,093 | 66 | $ 2,607 | 275 | $ 9,933 | 259 | $ 8,723 | |||||||
Reinvestment of distributions | 26 | 1,361 | 76 | 3,167 | 54 | 1,822 | 9 | 296 | |||||||
Shares repurchased | (234) | (11,605) | (964) | (39,780) | (107) | (3,754) | (77) | (2,555) | |||||||
Net Increase / (Decrease) | (62) | $ (2,151) | (822) | $ (34,006) | 222 | $ 8,001 | 191 | $ 6,464 |
AllianzGI Income & Growth Fund | AllianzGI Mid-Cap Growth Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 52,581 | $ 651,658 | 42,470 | $ 458,307 | 3,609 | $ 19,402 | 5,531 | $ 21,292 | |||||||
Reinvestment of distributions | 10,600 | 131,473 | 10,717 | 114,276 | 5,664 | 30,077 | 2,610 | 9,920 | |||||||
Shares repurchased | (31,720) | (394,769) | (35,958) | (381,658) | (7,121) | (37,859) | (10,968) | (40,835) | |||||||
Net Increase / (Decrease) | 31,461 | $ 388,362 | 17,229 | $ 190,925 | 2,152 | $ 11,620 | (2,827) | $ (9,623) | |||||||
Class C | |||||||||||||||
Shares sold | 29,084 | $ 327,256 | 26,828 | $ 265,433 | 313 | $ 1,269 | 245 | $ 723 | |||||||
Reinvestment of distributions | 7,898 | 88,409 | 8,926 | 86,795 | 537 | 2,144 | 285 | 847 | |||||||
Shares repurchased | (36,973) | (411,193) | (35,349) | (342,277) | (2,037) | (8,087) | (3,037) | (9,117) | |||||||
Net Increase / (Decrease) | 9 | $ 4,472 | 405 | $ 9,951 | (1,187) | $ (4,674) | (2,507) | $ (7,547) | |||||||
Class R* | |||||||||||||||
Shares sold | 78 | $ 981 | 163 | $ 1,786 | 208 | $ 1,084 | 214 | $ 807 | |||||||
Reinvestment of distributions | 26 | 323 | 40 | 430 | 48 | 248 | 16 | 59 | |||||||
Shares repurchased | (658) | (8,159) | (92) | (1,000) | (662) | (3,496) | (201) | (754) | |||||||
Net Increase / (Decrease) | (554) | $ (6,855) | 111 | $ 1,216 | (406) | $ (2,164) | 29 | $ 112 | |||||||
Class P | |||||||||||||||
Shares sold | 44,220 | $ 565,375 | 38,656 | $ 427,259 | 2,026 | $ 12,909 | 639 | $ 2,829 | |||||||
Reinvestment of distributions | 6,493 | 82,954 | 6,486 | 71,039 | 270 | 1,708 | 105 | 466 | |||||||
Shares repurchased | (29,265) | (375,726) | (32,610) | (351,278) | (706) | (4,569) | (702) | (3,058) | |||||||
Net Increase / (Decrease) | 21,448 | $ 272,603 | 12,532 | $ 147,020 | 1,590 | $ 10,048 | 42 | $ 237 | |||||||
Institutional Class | |||||||||||||||
Shares sold | 39,501 | $ 514,900 | 29,285 | $ 326,288 | 2,373 | $ 15,261 | 6,763 | $ 29,602 | |||||||
Reinvestment of distributions | 5,516 | 71,390 | 5,335 | 59,078 | 735 | 4,701 | 483 | 2,171 | |||||||
Shares repurchased | (20,425) | (262,878) | (25,733) | (280,052) | (4,992) | (29,938) | (4,773) | (21,421) | |||||||
Net Increase / (Decrease) | 24,592 | $ 323,412 | 8,887 | $ 105,314 | (1,884) | $ (9,976) | 2,473 | $ 10,352 | |||||||
Administrative Class | |||||||||||||||
Shares sold | — | $ — | — | $ — | 78 | $ 449 | 84 | $ 332 | |||||||
Reinvestment of distributions | — | — | — | — | 39 | 218 | 17 | 71 | |||||||
Shares repurchased | — | — | — | — | (47) | (263) | (103) | (416) | |||||||
Net Increase / (Decrease) | — | $ — | — | $ — | 70 | $ 404 | (2) | $ (13) |
AllianzGI Small-Cap Fund | AllianzGI Technology Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 317 | $ 7,125 | 463 | $ 8,626 | 980 | $ 76,399 | 1,420 | $ 83,096 | |||||||
Reinvestment of distributions | 3 | 72 | 1 | 33 | 1,729 | 131,427 | 1,717 | 93,597 | |||||||
Shares repurchased | (441) | (9,853) | (555) | (9,773) | (2,521) | (201,536) | (2,773) | (161,363) | |||||||
Net Increase / (Decrease) | (121) | $ (2,656) | (91) | $ (1,114) | 188 | $ 6,290 | 364 | $ 15,330 | |||||||
Class C | |||||||||||||||
Shares sold | 14 | $ 319 | 49 | $ 891 | 154 | $ 7,156 | 245 | $ 9,558 | |||||||
Reinvestment of distributions | — | — | — | — | 385 | 16,516 | 272 | 9,548 | |||||||
Shares repurchased | (79) | (1,868) | (216) | (3,999) | (521) | (23,576) | (443) | (17,851) | |||||||
Net Increase / (Decrease) | (65) | $ (1,549) | (167) | $ (3,108) | 18 | $ 96 | 74 | $ 1,255 | |||||||
Class P | |||||||||||||||
Shares sold | 612 | $ 14,632 | 817 | $ 15,074 | 431 | $ 40,162 | 495 | $ 33,680 | |||||||
Reinvestment of distributions | 3 | 71 | 3 | 53 | 291 | 26,567 | 294 | 18,626 | |||||||
Shares repurchased | (516) | (11,756) | (365) | (6,611) | (688) | (63,835) | (982) | (67,131) | |||||||
Net Increase / (Decrease) | 99 | $ 2,947 | 455 | $ 8,516 | 34 | $ 2,894 | (193) | $ (14,825) | |||||||
Institutional Class | |||||||||||||||
Shares sold | 560 | $ 13,851 | 1,312 | $ 24,014 | 3,356 | $ 319,101 | 3,626 | $ 250,396 | |||||||
Reinvestment of distributions | 5 | 131 | 3 | 52 | 2,055 | 193,751 | 1,739 | 113,197 | |||||||
Shares repurchased | (504) | (12,277) | (542) | (9,410) | (3,953) | (376,900) | (3,935) | (271,073) | |||||||
Net Increase / (Decrease) | 61 | $ 1,705 | 773 | $ 14,656 | 1,458 | $ 135,952 | 1,430 | $ 92,520 | |||||||
Class R6 | |||||||||||||||
Shares sold | 149 | $ 3,489 | 525 | $ 9,860 | — | $ — | — | $ — | |||||||
Reinvestment of distributions | 1 | 29 | 4 | 96 | — | — | — | — | |||||||
Shares repurchased | (352) | (7,439) | (915) | (18,895) | — | — | — | — | |||||||
Net Increase / (Decrease) | (202) | $ (3,921) | (386) | $ (8,939) | — | $ — | — | $ — | |||||||
Administrative Class | |||||||||||||||
Shares sold | — | $ — | — | $ — | 882 | $ 80,084 | 99 | $ 6,207 | |||||||
Reinvestment of distributions | — | — | — | — | 157 | 13,247 | 28 | 1,648 | |||||||
Shares repurchased | — | — | — | — | (237) | (20,498) | (140) | (8,584) | |||||||
Net Increase / (Decrease) | — | $ — | — | $ — | 802 | $ 72,833 | (13) | $ (729) |
NFJ Dividend Value Fund | NFJ International Value Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 7,711 | $ 92,329 | 4,193 | $ 47,389 | 719 | $ 15,274 | 571 | $ 9,918 | |||||||
Reinvestment of distributions | 389 | 4,454 | 4,393 | 49,684 | 54 | 1,064 | 76 | 1,328 | |||||||
Shares repurchased | (9,011) | (100,397) | (11,917) | (131,787) | (855) | (17,467) | (1,260) | (21,949) | |||||||
Net Increase / (Decrease) | (911) | $ (3,614) | (3,331) | $ (34,714) | (82) | $ (1,129) | (613) | $ (10,703) | |||||||
Class C | |||||||||||||||
Shares sold | 68 | $ 772 | 258 | $ 2,841 | 16 | $ 339 | 21 | $ 374 | |||||||
Reinvestment of distributions | 9 | 104 | 491 | 5,713 | 4 | 70 | 7 | 131 | |||||||
Shares repurchased | (2,560) | (28,654) | (2,930) | (33,954) | (313) | (6,237) | (344) | (5,896) | |||||||
Net Increase / (Decrease) | (2,483) | $ (27,778) | (2,181) | $ (25,400) | (293) | $ (5,828) | (316) | $ (5,391) |
NFJ Dividend Value Fund | NFJ International Value Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class R* | |||||||||||||||
Shares sold | 398 | $ 4,469 | 682 | $ 6,533 | 38 | $ 782 | 53 | $ 887 | |||||||
Reinvestment of distributions | 41 | 456 | 777 | 8,812 | 3 | 62 | 6 | 100 | |||||||
Shares repurchased | (5,836) | (71,103) | (2,143) | (23,044) | (301) | (6,574) | (129) | (2,284) | |||||||
Net Increase / (Decrease) | (5,397) | $ (66,178) | (684) | $ (7,699) | (260) | $ (5,730) | (70) | $ (1,297) | |||||||
Class P | |||||||||||||||
Shares sold | 1,477 | $ 16,700 | 3,193 | $ 34,513 | 84 | $ 1,742 | 53 | $ 936 | |||||||
Reinvestment of distributions | 228 | 2,613 | 2,855 | 32,589 | 17 | 343 | 29 | 508 | |||||||
Shares repurchased | (7,972) | (88,545) | (14,398) | (157,888) | (295) | (6,003) | (811) | (13,882) | |||||||
Net Increase / (Decrease) | (6,267) | $ (69,232) | (8,350) | $ (90,786) | (194) | $ (3,918) | (729) | $ (12,438) | |||||||
Institutional Class | |||||||||||||||
Shares sold | 1,227 | $ 14,268 | 2,584 | $ 29,429 | 622 | $ 13,323 | 281 | $ 4,831 | |||||||
Reinvestment of distributions | 162 | 1,856 | 2,379 | 27,201 | 43 | 867 | 60 | 1,050 | |||||||
Shares repurchased | (3,892) | (43,637) | (14,480) | (160,415) | (764) | (15,604) | (659) | (11,112) | |||||||
Net Increase / (Decrease) | (2,503) | $ (27,513) | (9,517) | $ (103,785) | (99) | $ (1,414) | (318) | $ (5,231) | |||||||
Class R6 | |||||||||||||||
Shares sold | 1,692 | $ 18,962 | 1,537 | $ 17,157 | 79 | $ 1,747 | 23 | $ 376 | |||||||
Reinvestment of distributions | 111 | 1,275 | 827 | 9,341 | 2 | 34 | 2 | 33 | |||||||
Shares repurchased | (1,577) | (17,917) | (1,560) | (17,417) | (34) | (708) | (22) | (385) | |||||||
Net Increase / (Decrease) | 226 | $ 2,320 | 804 | $ 9,081 | 47 | $ 1,073 | 3 | $ 24 | |||||||
Administrative Class | |||||||||||||||
Shares sold | 898 | $ 10,884 | 258 | $ 2,793 | 525 | $ 9,870 | 15 | $ 262 | |||||||
Reinvestment of distributions | 33 | 386 | 352 | 4,094 | 5 | 92 | 2 | 27 | |||||||
Shares repurchased | (984) | (11,241) | (1,809) | (21,863) | (545) | (11,653) | (26) | (475) | |||||||
Net Increase / (Decrease) | (53) | $ 29 | (1,199) | $ (14,976) | (15) | $ (1,691) | (9) | $ (186) |
NFJ Large-Cap Value Fund | NFJ Mid-Cap Value Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class A | |||||||||||||||
Shares sold | 290 | $ 8,262 | 283 | $ 7,207 | 1,296 | $ 41,290 | 1,919 | $ 55,371 | |||||||
Reinvestment of distributions | 39 | 1,133 | 202 | 5,281 | 157 | 4,787 | 1,367 | 41,673 | |||||||
Shares repurchased | (893) | (25,272) | (972) | (25,134) | (3,144) | (95,718) | (4,285) | (119,915) | |||||||
Net Increase / (Decrease) | (564) | $ (15,877) | (487) | $ (12,646) | (1,691) | $ (49,641) | (999) | $ (22,871) | |||||||
Class C | |||||||||||||||
Shares sold | 7 | $ 207 | 36 | $ 912 | 116 | $ 2,795 | 344 | $ 8,057 | |||||||
Reinvestment of distributions | — | 4 | 8 | 216 | 5 | 131 | 160 | 3,955 | |||||||
Shares repurchased | (203) | (5,742) | (171) | (4,517) | (545) | (13,448) | (622) | (14,024) | |||||||
Net Increase / (Decrease) | (196) | $ (5,531) | (127) | $ (3,389) | (424) | $ (10,522) | (118) | $ (2,012) | |||||||
Class R* | |||||||||||||||
Shares sold | 6 | $ 154 | 15 | $ 369 | 139 | $ 3,561 | 241 | $ 5,949 | |||||||
Reinvestment of distributions | — (1) | 5 | 2 | 58 | 7 | 187 | 74 | 1,903 | |||||||
Shares repurchased | (54) | (1,726) | (46) | (1,101) | (897) | (25,656) | (331) | (8,019) | |||||||
Net Increase / (Decrease) | (48) | $ (1,567) | (29) | $ (674) | (751) | $ (21,908) | (16) | $ (167) |
NFJ Large-Cap Value Fund | NFJ Mid-Cap Value Fund | ||||||||||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||||||||
SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | SHARES | AMOUNT | ||||||||
Class P | |||||||||||||||
Shares sold | 118 | $ 3,342 | 57 | $ 1,523 | 3,132 | $ 74,161 | 5,431 | $ 119,319 | |||||||
Reinvestment of distributions | 6 | 165 | 23 | 614 | 156 | 3,735 | 750 | 18,019 | |||||||
Shares repurchased | (136) | (3,898) | (162) | (4,076) | (5,143) | (124,407) | (3,741) | (79,410) | |||||||
Net Increase / (Decrease) | (12) | $ (391) | (82) | $ (1,939) | (1,855) | $ (46,511) | 2,440 | $ 57,928 | |||||||
Institutional Class | |||||||||||||||
Shares sold | 1,936 | $ 53,277 | 2,389 | $ 58,420 | 3,867 | $ 124,780 | 5,185 | $ 153,606 | |||||||
Reinvestment of distributions | 48 | 1,395 | 143 | 3,723 | 166 | 5,470 | 946 | 31,014 | |||||||
Shares repurchased | (1,843) | (57,032) | (3,708) | (97,289) | (5,912) | (193,698) | (4,616) | (135,325) | |||||||
Net Increase / (Decrease) | 141 | $ (2,360) | (1,176) | $ (35,146) | (1,879) | $ (63,448) | 1,515 | $ 49,295 | |||||||
Class R6 | |||||||||||||||
Shares sold | — | $ — | — | $ — | 1,535 | $ 50,969 | 2,162 | $ 70,724 | |||||||
Reinvestment of distributions | — | — | — | — | 38 | 1,245 | 166 | 5,445 | |||||||
Shares repurchased | — | — | — | — | (1,718) | (58,443) | (486) | (14,558) | |||||||
Net Increase / (Decrease) | — | $ — | — | $ — | (145) | $ (6,229) | 1,842 | $ 61,611 | |||||||
Administrative Class | |||||||||||||||
Shares sold | 8 | $ 211 | 5 | $ 140 | 811 | $ 25,174 | 688 | $ 19,966 | |||||||
Reinvestment of distributions | — (1) | 5 | 2 | 44 | 13 | 402 | 85 | 2,665 | |||||||
Shares repurchased | (40) | (1,043) | (10) | (259) | (744) | (23,198) | (380) | (11,152) | |||||||
Net Increase / (Decrease) | (32) | $ (827) | (3) | $ (75) | 80 | $ 2,378 | 393 | $ 11,479 |
NFJ Small-Cap Value Fund | |||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||
SHARES | AMOUNT | SHARES | AMOUNT | ||||
Class A | |||||||
Shares sold | 2,240 | $ 32,510 | 1,914 | $ 23,590 | |||
Reinvestment of distributions | 428 | 5,780 | 2,206 | 31,782 | |||
Shares repurchased | (6,123) | (82,428) | (10,181) | (137,187) | |||
Net Increase / (Decrease) | (3,455) | $ (44,138) | (6,061) | $ (81,815) | |||
Class C | |||||||
Shares sold | 10 | $ 118 | 20 | $ 201 | |||
Reinvestment of distributions | 2 | 25 | 17 | 215 | |||
Shares repurchased | (62) | (757) | (177) | (2,242) | |||
Net Increase / (Decrease) | (50) | $ (614) | (140) | $ (1,826) | |||
Class R* | |||||||
Shares sold | 121 | $ 1,802 | 157 | $ 2,211 | |||
Reinvestment of distributions | 14 | 212 | 99 | 1,576 | |||
Shares repurchased | (1,305) | (21,779) | (483) | (6,916) | |||
Net Increase / (Decrease) | (1,170) | $ (19,765) | (227) | $ (3,129) | |||
Class P | |||||||
Shares sold | 243 | $ 3,683 | 414 | $ 6,567 | |||
Reinvestment of distributions | 25 | 389 | 107 | 1,809 | |||
Shares repurchased | (604) | (9,700) | (1,222) | (18,439) | |||
Net Increase / (Decrease) | (336) | $ (5,628) | (701) | $ (10,063) |
NFJ Small-Cap Value Fund | |||||||
Year Ended June 30, 2021 | Year Ended June 30, 2020 | ||||||
SHARES | AMOUNT | SHARES | AMOUNT | ||||
Institutional Class | |||||||
Shares sold | 710 | $ 11,615 | 1,192 | $ 17,524 | |||
Reinvestment of distributions | 113 | 1,805 | 611 | 10,424 | |||
Shares repurchased | (3,349) | (53,593) | (11,199) | (185,648) | |||
Net Increase / (Decrease) | (2,526) | $ (40,173) | (9,396) | $ (157,700) | |||
Class R6 | |||||||
Shares sold | 1,159 | $ 18,776 | 1,353 | $ 20,719 | |||
Reinvestment of distributions | 99 | 1,576 | 568 | 9,599 | |||
Shares repurchased | (3,275) | (48,225) | (4,003) | (62,475) | |||
Net Increase / (Decrease) | (2,017) | $ (27,873) | (2,082) | $ (32,157) | |||
Administrative Class | |||||||
Shares sold | 376 | $ 5,178 | 606 | $ 8,422 | |||
Reinvestment of distributions | 55 | 739 | 646 | 9,272 | |||
Shares repurchased | (1,133) | (15,592) | (5,586) | (78,002) | |||
Net Increase / (Decrease) | (702) | $ (9,675) | (4,334) | $ (60,308) |
* | On May 21, 2021, all Class R shares were converted into Class A shares. These transactions are included as subscriptions of Class A shares and redemptions of Class R shares in the tables above. |
(1) | Amount is less than 500 shares. |
% of Shares Outstanding | Number of Accounts* | ||
AllianzGI Emerging Markets Opportunities Fund | 58% | 2 | |
AllianzGI Focused Growth Fund | 11 | 1 | |
AllianzGI Global Small-Cap Fund | 34 | 2 | |
AllianzGI Health Sciences Fund | 42 | 2 | |
AllianzGI Mid-Cap Growth Fund | 12 | 1 | |
AllianzGI Technology Fund | 28 | 2 | |
NFJ International Value Fund | 12 | 1 | |
NFJ Large-Cap Value Fund | 20 | 1 | |
NFJ Small-Cap Value Fund | 17 | 1 |
* | The shareholders are not affiliated with Virtus. |
Fund | Sector | Percentage of Total Investments | ||
AllianzGI Health Sciences Fund | Pharmaceuticals | 35% | ||
NFJ Small-Cap Value Fund | Financials | 32 |
Fund | Federal Tax Cost | Unrealized Appreciation | Unrealized (Depreciation) | Net Unrealized Appreciation (Depreciation) | ||||
AllianzGI Emerging Markets Opportunities Fund | $ 199,998 | $ 84,613 | $ (4,954) | $ 79,659 | ||||
AllianzGI Focused Growth Fund | 707,041 | 725,609 | (3,719) | 721,890 | ||||
AllianzGI Global Small-Cap Fund | 77,261 | 23,982 | (2,427) | 21,555 | ||||
AllianzGI Health Sciences Fund | 162,968 | 34,273 | (2,103) | 32,170 | ||||
AllianzGI Income & Growth Fund | 6,571,798 | 660,679 | (252,775) | 407,904 | ||||
AllianzGI Income & Growth Fund (Written Options) | (1,229) | 132 | (3,206) | (3,074) | ||||
AllianzGI Mid-Cap Growth Fund | 334,478 | 159,935 | (7,260) | 152,675 | ||||
AllianzGI Small-Cap Fund | 123,636 | 46,566 | (3,155) | 43,411 | ||||
AllianzGI Technology Fund (Including Purchased Options) | 1,760,679 | 832,151 | (41,464) | 790,687 | ||||
AllianzGI Technology Fund (Written Options) | (15,061) | 5,035 | (16) | 5,019 | ||||
NFJ Dividend Value Fund | 689,328 | 219,268 | (13,723) | 205,545 | ||||
NFJ International Value Fund | 129,061 | 29,496 | (3,165) | 26,331 | ||||
NFJ Large-Cap Value Fund | 262,001 | 79,019 | (3,213) | 75,806 | ||||
NFJ Mid-Cap Value Fund | 1,190,065 | 307,185 | (26,984) | 280,201 | ||||
NFJ Small-Cap Value Fund | 461,154 | 137,135 | (23,603) | 113,532 |
Fund | Short-Term | Long-Term | ||
AllianzGI Emerging Markets Opportunities Fund | $ 8,616 | $ — | ||
NFJ International Value Fund | 249,610 | 189,222 |
Undistributed Ordinary Income | Undistributed Long-Term Capital Gains | Capital Loss Deferred | |||
AllianzGI Emerging Markets Opportunities Fund | $ 1,388 | $ — | $ 8,616 | ||
AllianzGI Focused Growth Fund | 25,358 | 164,520 | — | ||
AllianzGI Global Small-Cap Fund | 12,623 | 9,030 | — | ||
AllianzGI Health Sciences Fund | 11,848 | 12,790 | — | ||
AllianzGI Income & Growth Fund | 191,890 | — | — | ||
AllianzGI Mid-Cap Growth Fund | 27,224 | 78,485 | — | ||
AllianzGI Small-Cap Fund | 5,715 | 14,026 | — | ||
AllianzGI Technology Fund | 262,608 | 261,619 | — | ||
NFJ Dividend Value Fund | 453 | 4,233 | — | ||
NFJ International Value Fund | 768 | — | 438,832 | ||
NFJ Large-Cap Value Fund | 4,361 | 4,560 | — | ||
NFJ Mid-Cap Value Fund | 52,719 | 61,380 | — | ||
NFJ Small-Cap Value Fund | 10,683 | 11,041 | — |
Ordinary Income | Long-Term Capital Gains | Return of Capital | Total | ||||
AllianzGI Emerging Markets Opportunities Fund | |||||||
6/30/21 | $ 3,612 | $ — | $ — | $ 3,612 | |||
6/30/20 | 8,461 | — | — | 8,461 | |||
AllianzGI Focused Growth Fund | |||||||
6/30/21 | 36,776 | 80,271 | — | 117,047 | |||
6/30/20 | — | 137,604 | — | 137,604 | |||
AllianzGI Global Small-Cap Fund | |||||||
6/30/21 | — | 3,848 | — | 3,848 | |||
6/30/20 | — | 7,489 | — | 7,489 | |||
AllianzGI Health Sciences Fund | |||||||
6/30/21 | 9,251 | 13,602 | — | 22,853 | |||
6/30/20 | 2,843 | 7,882 | — | 10,725 | |||
AllianzGI Income & Growth Fund | |||||||
6/30/21 | 399,215 | 12,689 | — | 411,904 | |||
6/30/20 | 361,010 | 5,995 | — | 367,005 | |||
AllianzGI Mid-Cap Growth Fund | |||||||
6/30/21 | 1,165 | 42,087 | — | 43,252 | |||
6/30/20 | — | 14,996 | — | 14,996 | |||
AllianzGI Small-Cap Fund | |||||||
6/30/21 | 310 | — | — | 310 | |||
6/30/20 | 239 | — | — | 239 | |||
AllianzGI Technology Fund | |||||||
6/30/21 | 52,984 | 344,589 | — | 397,573 | |||
6/30/20 | — | 247,545 | — | 247,545 | |||
NFJ Dividend Value Fund | |||||||
6/30/21 | 12,393 | 33 | — | 12,426 | |||
6/30/20 | 20,331 | 136,151 | — | 156,482 | |||
NFJ International Value Fund | |||||||
6/30/21 | 2,757 | — | — | 2,757 | |||
6/30/20 | 3,479 | — | — | 3,479 | |||
NFJ Large-Cap Value Fund | |||||||
6/30/21 | 2,847 | — | — | 2,847 | |||
6/30/20 | 4,835 | 5,673 | 89 | 10,597 | |||
NFJ Mid-Cap Value Fund | |||||||
6/30/21 | 15,493 | 2,348 | — | 17,841 | |||
6/30/20 | 38,776 | 78,224 | — | 117,000 | |||
NFJ Small-Cap Value Fund | |||||||
6/30/21 | 9,595 | 1,893 | — | 11,488 | |||
6/30/20 | 3,907 | 66,054 | — | 69,961 |
Virtus NFJ Small-Cap Value Fund
accepted in the United States of America.
securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our
procedures included confirmation of securities owned as of June 30, 2021 by correspondence with the custodians, transfer agents, and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
Philadelphia, Pennsylvania
began serving as auditor.
Qualified Dividend Income % (non-corporate shareholder) | Dividend Received Deduction % (corporate shareholders) | Long-Term Capital Gain Distributions ($) | |||
AllianzGI Emerging Markets Opportunities Fund | 100.00 % | 2.27 % | $ — | ||
AllianzGI Focused Growth Fund | 9.74 | 8.86 | 244,791 | ||
AllianzGI Global Small-Cap Fund | 7.11 | 2.04 | 12,878 | ||
AllianzGI Health Sciences Fund | 15.59 | 8.99 | 26,392 | ||
AllianzGI Income & Growth Fund | 6.05 | 5.71 | 12,689 | ||
AllianzGI Mid-Cap Growth Fund | 4.06 | 3.90 | 120,572 | ||
AllianzGI Small-Cap Fund | 20.76 | 20.58 | 14,026 | ||
AllianzGI Technology Fund | 2.72 | 1.15 | 606,208 | ||
NFJ Dividend Value Fund | 100.00 | 100.00 | 4,267 | ||
NFJ International Value Fund | 100.00 | 8.13 | — | ||
NFJ Large-Cap Value Fund | 77.67 | 76.87 | 4,560 | ||
NFJ Mid-Cap Value Fund | 36.30 | 35.72 | 63,728 | ||
NFJ Small-Cap Value Fund | 64.51 | 63.10 | 12,933 |
Foreign Source Income Recognized | Foreign Taxes Paid on Foreign Source Income | ||
AllianzGI Emerging Markets Opportunities Fund | $ 7,190 | $ 832 | |
NFJ International Value Fund | 3,990 | 388 |
Name, Year of Birth, Length of Time Served and Number of Portfolios in Fund Complex Overseen by Trustee | Principal Occupation(s) During Past 5 Years | Other Directorships Held by Trustee During Past 5 Years |
Burke, Donald C. YOB: 1960 Served Since: 2021 96 Portfolios | Retired. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Director (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Director (since 2020), Virtus Total Return Fund Inc.; Trustee (since 2020), Virtus Global Multi-Sector Income Fund; Trustee (since 2016), Virtus Mutual Fund Family (56 portfolios), Virtus Variable Insurance Trust (8 portfolios) and Virtus Alternative Solutions Trust (2 portfolios); Director (since 2014), closed-end funds managed by Duff & Phelps Investment Management Co. (3 funds); Director, Avista Corp. (energy company) (since 2011); Trustee, Goldman Sachs Fund Complex (2010 to 2014); and Director, BlackRock Luxembourg and Cayman Funds (2006 to 2010). |
Cogan, Sarah E. YOB: 1956 Served Since: 2019 100 Portfolios | Retired Partner, Simpson Thacher & Bartlett LLP (“STB”) (law firm)(since 2018); Director, Girl Scouts of Greater New York (since 2016); Trustee, Natural Resources Defense Council, Inc. (since 2013); and formerly, Partner, STB (1989 to 2018). | Advisory Board Member (since 2021), Virtus Alternative Solutions Trust (2 portfolios), Virtus Mutual Fund Family (56 portfolios), and Virtus Variable Insurance Trust (8 portfolios); Advisory Board Member (February 2021 to June 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee (since 2021), Virtus Global Multi-Sector Income Fund and Virtus Total Return Fund Inc.; Trustee (since 2019), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Trustee (since 2019), Virtus AllianzGI Closed-End Funds (7 portfolios); Trustee (since 2019), PIMCO California Municipal Income Fund, PIMCO California Municipal Income Fund II, PIMCO California Municipal Income Fund III, PIMCO Municipal Income Fund, PIMCO Municipal Income Fund II, PIMCO Municipal Income Fund III, PIMCO New York Municipal Income Fund, PIMCO New York Municipal Income Fund II, PIMCO New York Municipal Income Fund III, PIMCO Energy and Tactical Credit Opportunities Fund, PCM Fund, Inc, PIMCO Corporate & Income Strategy Fund, PIMCO Corporate & Income Opportunity Fund, PIMCO Dynamic Credit and Mortgage Income Fund, PIMCO Dynamic Income Fund, PIMCO Global StocksPLUS® & Income Fund, PIMCO High Income Fund, PIMCO Income Opportunity Fund, PIMCO Income Strategy Fund, PIMCO Income Strategy Fund II, PIMCO Strategic Income Fund, Inc., PIMCO Flexible Credit Income Fund and PIMCO Flexible Municipal Income Fund; and Trustee (since 2019), PIMCO Managed Accounts Trust (5 portfolios). |
Name, Year of Birth, Length of Time Served and Number of Portfolios in Fund Complex Overseen by Trustee | Principal Occupation(s) During Past 5 Years | Other Directorships Held by Trustee During Past 5 Years |
DeCotis, Deborah A. YOB: 1952 Served Since: 2014 100 Portfolios | Advisory Director, Morgan Stanley & Co., Inc. (since 1996); Member, Circle Financial Group (since 2009); Member, Council on Foreign Relations (since 2013); Trustee, Smith College (since 2017); and Director, Watford Re (since 2017). Formerly, Co-Chair Special Projects Committee, Memorial Sloan Kettering (2005 to 2015); Trustee, Stanford University (2010 to 2015); and Principal, LaLoop LLC, a retail accessories company (1999 to 2014). | Advisory Board Member (since 2021), Virtus Alternative Solutions Trust (2 portfolios), Virtus Mutual Fund Family (56 portfolios), and Virtus Variable Insurance Trust (8 portfolios); Advisory Board Member (February 2021 to June 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee (since 2021), Virtus Global Multi-Sector Income Fund and Virtus Total Return Fund Inc.; Trustee (since 2020), PIMCO Dynamic Income Opportunities Fund; Trustee (since 2019), PIMCO Energy and Tactical Credit Opportunities Fund and Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund; Trustee (since 2018), PIMCO Flexible Municipal Income Fund Trustee (since 2017), PIMCO Flexible Credit Income Fund and Virtus AllianzGI Convertible & Income 2024 Target Term Fund; Trustee (since 2015), Virtus AllianzGI Diversified Income & Convertible Fund; Trustee (since 2014), Virtus Investment Trust (13 portfolios); Trustee (since 2013), PIMCO Dynamic Credit and Mortgage Income Fund; Trustee (since 2012), PIMCO Dynamic Income Fund; Trustee (since 2011), Virtus Strategy Trust (12 portfolios); Trustee (since 2011), PIMCO California Municipal Income Fund II, PIMCO California Municipal Income Fund III, PIMCO Municipal Income Fund, PIMCO Municipal Income Fund II, PIMCO Municipal Income Fund III, PIMCO New York Municipal Income Fund, PIMCO New York Municipal Income Fund II, PIMCO New York Municipal Income Fund III, PCM Fund, Inc., PIMCO Corporate & Income Strategy Fund, PIMCO Corporate & Income Opportunity Fund, PIMCO Global StocksPLUS® & Income Fund, PIMCO High Income Fund, PIMCO Income Opportunity Fund, PIMCO Income Strategy Fund, PIMCO Income Strategy Fund II, PIMCO Strategic Income Fund, Inc., PIMCO Managed Accounts Trust (5 portfolios); and Trustee (since 2011), Virtus AllianzGI Convertible & Income Fund, Virtus AllianzGI Convertible & Income Fund II, Virtus AllianzGI Equity & Convertible Income Fund, and Virtus Dividend, Interest & Premium Strategy Fund. |
Drummond, F. Ford YOB: 1962 Served Since: 2006 100 Portfolios | Owner/Operator (since 1998), Drummond Ranch; formerly Board Member (2006 to 2020) and Chairman (2016 to 2018), Oklahoma Water Resources Board;, Director (1998 to 2008), The Cleveland Bank; and General Counsel (1998 to 2008), BMIHealth Plans (benefits administration). | Advisory Board Member (since 2021), Virtus Alternative Solutions Trust (2 portfolios), Virtus Mutual Fund Family (56 portfolios), and Virtus Variable Insurance Trust (8 portfolios); Advisory Board Member (February 2021 to June 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee (since 2021), Virtus Global Multi-Sector Income Fund and Virtus Total Return Fund Inc.; Trustee (since 2019), Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund; Trustee (since 2017), Virtus AllianzGI Convertible & Income 2024 Target Term Fund; Trustee (since 2015), Virtus AllianzGI Convertible & Income Fund, Virtus AllianzGI Convertible & Income Fund II, Virtus AllianzGI Diversified Income & Convertible Fund, Virtus Dividend, Interest & Premium Strategy Fund and Virtus AllianzGI Equity & Convertible Income Fund; Trustee (since 2014), Virtus Strategy Trust (12 portfolios); Director (since 2011), Bancfirst Corporation; and Trustee (since 2006), Virtus Investment Trust (13 portfolios). |
Harris, Sidney E. YOB: 1949 Served Since: 2021 93 Portfolios | Professor and Dean Emeritus (2015 to 2017), Professor (1997 to 2014), Dean (1997 to 2004), J. Mack Robinson College of Business, Georgia State University. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Director (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; and Director (since 2020), Virtus Total Return Fund Inc.; Trustee (since 2020), Virtus Global Multi-Sector Income Fund; Trustee (since 2019), Mutual Fund Directors Forum; Trustee (since 2017), Virtus Mutual Fund Family (56 portfolios), Virtus Variable Insurance Trust (8 portfolios) and Virtus Alternative Solutions Trust (2 portfolios); Trustee (2013 to 2020) and Honorary Trustee (since 2020), KIPP Metro Atlanta; Director (1999 to 2019), Total System Services, Inc.; Trustee (2004 to 2017), RidgeWorth Funds; Chairman (2012 to 2017), International University of the Grand Bassam Foundation; Trustee (since 2012), International University of the Grand Bassam Foundation; and Trustee (2011 to 2015), Genspring Family Offices, LLC. |
Mallin, John R. YOB: 1950 Served Since: 2021 93 Portfolios | Partner/Attorney (since 2003), McCarter & English LLP (law firm) Real Property Practice Group; and Member (since 2014), Counselors of Real Estate. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Director (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; and Director (since 2020), Virtus Total Return Fund Inc.; Trustee (since 2020), Virtus Global Multi-Sector Income Fund; Trustee (since 2016), Virtus Mutual Fund Family (56 portfolios) and Virtus Alternative Solutions Trust (2 portfolios); Director (since 2019), 1892 Club, Inc. (non-profit); Director (2013 to 2020), Horizons, Inc. (non-profit); and Trustee (since 1999), Virtus Variable Insurance Trust (8 portfolios). |
Name, Year of Birth, Length of Time Served and Number of Portfolios in Fund Complex Overseen by Trustee | Principal Occupation(s) During Past 5 Years | Other Directorships Held by Trustee During Past 5 Years |
McDaniel, Connie D. YOB: 1958 Served Since: 2021 93 Portfolios | Retired (since 2013). Vice President, Chief of Internal Audit, Corporate Audit Department (2009 to 2013); Vice President Global Finance Transformation (2007 to 2009); Vice President and Controller (1999 to 2007), The Coca-Cola Company. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Director (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; and Director (since 2020), Virtus Total Return Fund Inc.; Trustee (since 2020), Virtus Global Multi-Sector Income Fund; Director (since 2019), Global Payments Inc.; Trustee (since 2017), Virtus Mutual Fund Family (56 portfolios), Virtus Variable Insurance Trust (8 portfolios), and Virtus Alternative Solutions Trust (2 portfolios); Director (since 2021), North Florida Land Trust; Director (2014 to 2019), Total System Services, Inc.; Member (since 2011) and Chair (2014 to 2016), Georgia State University, Robinson College of Business Board of Advisors; and Trustee (2005 to 2017), RidgeWorth Funds. |
McLoughlin, Philip YOB: 1946 Served Since: 2021 103 Portfolios | Retired. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Trustee (since 2021), Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund, Virtus AllianzGI Convertible & Income Fund II, Virtus AllianzGI Diversified Income & Convertible, Virtus AllianzGI Equity & Convertible Income Fund and Virtus Dividend, Interest & Premium Strategy Fund; Advisory Board Member (since 2021), Virtus AllianzGI Convertible & Income 2024 Target Term Fund and Virtus AllianzGI Convertible & Income Fund; Director and Chairman (since 2016), Virtus Total Return Fund Inc.; Director and Chairman (2016 to 2019), the former Virtus Total Return Fund Inc.; Director and Chairman (2014 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee and Chairman (since 2013), Virtus Alternative Solutions Trust (2 portfolios); Trustee and Chairman (since 2011), Virtus Global Multi-Sector Income Fund; Chairman and Trustee (since 2003), Virtus Variable Insurance Trust (8 portfolios); Director (since 1995), closed-end funds managed by Duff & Phelps Investment Management Co. (3 funds); Director (1991 to 2019) and Chairman (2010 to 2019), Lazard World Trust Fund (closed-end investment firm in Luxembourg); and Trustee (since 1989) and Chairman (since 2002), Virtus Mutual Fund Family (56 portfolios). |
McNamara, Geraldine M. YOB: 1951 Served Since: 2021 96 Portfolios | Retired. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Director (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc. and Virtus Total Return Fund Inc.; Trustee (since 2020), Virtus Global Multi-Sector Income Fund; Trustee (since 2016), Virtus Alternative Solutions Trust (2 portfolios); Trustee (since 2015), Virtus Variable Insurance Trust (8 portfolios); Director (since 2003), closed-end funds managed by Duff & Phelps Investment Management Co. (3 funds); and Trustee (since 2001), Virtus Mutual Fund Family (56 portfolios). |
Walton, R. Keith YOB: 1964 Served Since: 2021 93 Portfolios | Managing Director (since 2020), Lafayette Square Holding Company LLC; Venture and Operating Partner (since 2020), Plexo Capital, LLC; Venture Partner (since 2019) and Senior Adviser (2018 to 2019), Plexo, LLC; Senior Adviser (2018 to 2019), Vatic Labs, LLC; Executive Vice President, Strategy (2017 to 2019), Zero Mass Water, LLC; Vice President, Strategy (2013 to 2017), Arizona State University; Partner (since 2006), Global Infrastructure Partners. | Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Trustee (since 2020) Virtus Alternative Solutions Trust (2 portfolios), Virtus Variable Insurance Trust (8 portfolios) and Virtus Mutual Fund Family (56 portfolios); Director (since 2017), certain funds advised by Bessemer Investment Management LLC; Director (2016 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee (since 2016), Virtus Global Multi-Sector Income Fund; Director (2006 to 2019), Systematica Investments Limited Funds; Director (2006 to 2017), BlueCrest Capital Management Funds; Trustee (2014 to 2017), AZ Service; Director (since 2004), Virtus Total Return Fund Inc.; and Director (2004 to 2019), the former Virtus Total Return Fund Inc. |
Name, Year of Birth, Length of Time Served and Number of Portfolios in Fund Complex Overseen by Trustee | Principal Occupation(s) During Past 5 Years | Other Directorships Held by Trustee During Past 5 Years |
Zino, Brian T. YOB: 1952 Served Since: 2021 100 Portfolios | Retired. Various roles (1982 to 2008), J. & W. Seligman & Co. Incorporated, including President (1994 to 2008). | Advisory Board Member (since 2021), Virtus AllianzGI Closed-End Funds (7 portfolios); Trustee (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Trustee (since 2020), Virtus Alternative Solutions Trust (2 portfolios), Virtus Variable Insurance Trust (8 portfolios) and Virtus Mutual Fund Family (56 portfolios); Director (2016 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee (since 2016), Virtus Global Multi-Sector Income Fund; Director (since 2014), Virtus Total Return Fund Inc.; Director (2014 to 2019), the former Virtus Total Return Fund Inc.; Trustee (since 2011), Bentley University; Director (1986 to 2008) and President (1994 to 2008), J&W Seligman Co. Inc.; Director (1998 to 2009), Chairman (2002 to 2004) and Vice Chairman (2000 to 2002), ICI Mutual Insurance Company; Member, Board of Governors of ICI (1998 to 2008). |
Name, Year of Birth, Length of Time Served and Number of Funds Overseen | Principal Occupation(s) During Past 5 Years | Principal Occupation(s) During Past 5 Years and Other Directorships Held by Trustee |
Aylward, George R.* Trustee and President YOB: 1964 Served Since: 2021 105 Portfolios | Director, President and Chief Executive Officer (since 2008), Virtus Investment Partners, Inc. and/or certain of its subsidiaries, and various senior officer positions with Virtus affiliates (since 2005). | Trustee and President (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Trustee, President and Chief Executive Officer (since 2021), Virtus AllianzGI Closed-End Funds (7 portfolios); and Chairman and Trustee (since 2015), Virtus ETF Trust II (4 portfolios); Director, President and Chief Executive Officer (2014 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Trustee and President (since 2013), Virtus Alternative Solutions Trust (2 portfolios); Director (since 2013), Virtus Global Funds, PLC (5 portfolios); Trustee (since 2012) and President (since 2010), Virtus Variable Insurance Trust (8 portfolios); Trustee, President and Chief Executive Officer (since 2011), Virtus Global Multi-Sector Income Fund; Trustee and President (since 2006) and Executive Vice President (2004 to 2006), Virtus Mutual Fund Family (56 portfolios); Director, President and Chief Executive Officer (since 2006), Virtus Total Return Fund Inc.; and Director, President and Chief Executive Officer (2006 to 2019), the former Virtus Total Return Fund Inc. |
Name, Year of Birth, Length of Time Served, and Number of Portfolios in Fund Complex Overseen | Principal Occupation(s) During Past 5 Years | Other Directorships Held by Trustee During Past 5 Years |
Moyer, William R. YOB: 1944 Served Since: 2020 93 Portfolios | Private investor (since 2004); and Financial and Operations Principal (2006 to 2017), Newcastle Distributors LLC (broker dealer). | Advisory Board Member (since 2021), Virtus Investment Trust (13 portfolios) and Virtus Strategy Trust (12 portfolios); Advisory Board Member (since 2020), Virtus Variable Insurance Trust (8 portfolios) and Virtus Mutual Fund Family (56 portfolios); Advisory Board Member (since 2020) and Director (2016 to 2019), Virtus Total Return Fund Inc.; Director (2016 to 2019), the former Virtus Total Return Fund Inc.; Advisory Board Member (2020 to 2021) and Director (2014 to 2019), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Advisory Board Member (since 2020) and Trustee (2011 to 2019), Virtus Global Multi-Sector Income Fund; Advisory Board Member (since 2020) and Trustee (2013 to 2016), Virtus Alternative Solutions Trust (2 portfolios). |
Name, Address and Year of Birth | Position(s) Held with Trust and Length of Time Served | Principal Occupation(s) During Past 5 Years |
Batchelar, Peter J. YOB: 1970 | Senior Vice President (since 2021). | Senior Vice President, Product Development (since 2017), Vice President, Product Development (2008 to 2016), and various officer positions (since 2008), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Senior Vice President (since 2021), Virtus Investment Trust and Virtus Strategy Trust; Senior Vice President (since 2021), AllianzGI Closed-End Funds; Senior Vice President (since 2017) and Vice President (2008 to 2016), Virtus Mutual Fund Family; Senior Vice President (since 2017) and Vice President (2010 to 2016), Virtus Variable Insurance Trust; Senior Vice President (since 2017) and Vice President (2013 to 2016), Virtus Alternative Solutions Trust; Senior Vice President (2017 to 2021) and Vice President (2016 to 2017), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Senior Vice President (since 2017) and Vice President (2016 to 2017), Virtus Total Return Fund Inc. and Virtus Global Multi-Sector Income Fund; and Senior Vice President (2017 to 2019) and Vice President (2016 to 2017), the former Virtus Total Return Fund Inc. |
Bradley, W. Patrick YOB: 1972 | Executive Vice President, Chief Financial Officer and Treasurer (since 2021). | Executive Vice President, Fund Services (since 2016), Senior Vice President, Fund Services (2010 to 2016), and various officer positions (since 2006), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Executive Vice President, Chief Financial Officer and Treasurer (since 2021), Virtus Investment Trust and Virtus Strategy Trust; Executive Vice President, Chief Financial Officer and Treasurer (since 2021), Virtus AllianzGI Closed-End Funds; Director (since 2019), Virtus Global Funds ICAV; Executive Vice President (since 2016), Senior Vice President (2013 to 2016), Vice President (2011 to 2013), Chief Financial Officer and Treasurer (since 2004), Virtus Variable Insurance Trust; Executive Vice President (since 2016), Senior Vice President (2013 to 2016), Vice President (2011 to 2013), Chief Financial Officer and Treasurer (since 2006), Virtus Mutual Fund Family; Executive Vice President (since 2016), Senior Vice President (2013 to 2016), Vice President (2012 to 2013) and Chief Financial Officer and Treasurer (since 2010), Virtus Total Return Fund Inc.; Executive Vice President (2016 to 2019), Senior Vice President (2013 to 2016), Vice President (2012 to 2013), Chief Financial Officer and Treasurer (since 2010), the former Virtus Total Return Fund Inc.; Executive Vice President (since 2016), Senior Vice President (2013 to 2016), Vice President (2011 to 2013), Chief Financial Officer and Treasurer (since 2011), Virtus Global Multi-Sector Income Fund; Executive Vice President ( 2016 to 2021), Senior Vice President (2014 to 2016), Chief Financial Officer and Treasurer (2014 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Executive Vice President (since 2016), Senior Vice President (2013 to 2016), and Chief Financial Officer and Treasurer (since 2013), Virtus Alternative Solutions Trust; Director (since 2013), Virtus Global Funds, PLC; and Vice President and Assistant Treasurer (since 2011), Duff & Phelps Utility and Infrastructure Fund Inc. |
Carr, Kevin J. YOB: 1954 | Senior Vice President and Assistant Secretary (since 2021). | Vice President and Senior Counsel (2017 to Present), Senior Vice President (2009 to 2017), Vice President, Counsel and Secretary (2008 to 2009), and various officer positions (since 2005), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Senior Vice President and Assistant Secretary (since 2021), Virtus Investment Trust and Virtus Strategy Trust; Assistant Secretary, (since 2021), Virtus AllianzGI Closed-End Funds; Senior Vice President (since 2013), Vice President (2005 to 2013), Chief Legal Officer, Counsel and Secretary (since 2005), Virtus Mutual Fund Family; Senior Vice President (2013 to 2014), Vice President (2012 to 2013), Secretary and Chief Legal Officer (2005 to 2013), and Assistant Secretary (2013 to 2014 and since 2017), Virtus Total Return Fund Inc.; Senior Vice President (2013 to 2014), Vice President (2012 to 2013), Secretary and Chief Legal Officer (2005 to 2013) and Assistant Secretary (2013 to 2014 and 2017 to 2019), the former Virtus Total Return Fund Inc.; Senior Vice President (since 2017), Assistant Secretary (since 2013), Vice President, Chief Legal Officer, Counsel and Secretary (2010 to 2013), Virtus Variable Insurance Trust; Senior Vice President (2013 to 2014), Vice President (2011 to 2013), and Assistant Secretary (since 2011), Virtus Global Multi-Sector Income Fund; Assistant Secretary (2015 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Senior Vice President (since 2017) and Assistant Secretary (since 2013), Virtus Alternative Solutions Trust; Secretary (since 2015), ETFis Series Trust I; and Secretary (since 2015), Virtus ETF Trust II. |
Name, Address and Year of Birth | Position(s) Held with Trust and Length of Time Served | Principal Occupation(s) During Past 5 Years |
Engberg, Nancy J. YOB: 1956 | Senior Vice President and Chief Compliance Officer (since 2021). | Senior Vice President (since 2017), Vice President (2008 to 2017) and Chief Compliance Officer (2008 to 2011 and since 2016), and various officer positions (since 2003), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Senior Vice President and Chief Compliance Officer (since 2021), Virtus Investment Trust, Virtus Strategy Trust and Virtus AllianzGI Closed-End Funds; Senior Vice President (since 2017), Vice President (2011 to 2017) and Chief Compliance Officer (since 2011), Virtus Mutual Fund Family; Senior Vice President (since 2017), Vice President (2010 to 2017) and Chief Compliance Officer (since 2011), Virtus Variable Insurance Trust; Senior Vice President (since 2017), Vice President (2011 to 2017) and Chief Compliance Officer (since 2011), Virtus Global Multi-Sector Income Fund; Senior Vice President (since 2017), Vice President (2012 to 2017) and Chief Compliance Officer (since 2012), Virtus Total Return Fund Inc.; Senior Vice President (2017 to 2019), Vice President (2012 to 2017) and Chief Compliance Officer (2012 to 2019), the former Virtus Total Return Fund Inc.; Senior Vice President (since 2017), Vice President (2013 to 2016) and Chief Compliance Officer (since 2013), Virtus Alternative Solutions Trust; Senior Vice President (2017 to 2021), Vice President (2014 to 2017) and Chief Compliance Officer (2014 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Chief Compliance Officer (since 2015), ETFis Series Trust I; and Chief Compliance Officer (since 2015), Virtus ETF Trust II. |
Fromm, Jennifer YOB: 1973 | Vice President, Chief Legal Officer, Counsel and Secretary (since 2021). | Vice President (since 2016) and Senior Counsel (since 2007), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Vice President, Chief Legal Officer, Counsel and Secretary (since 2021), Virtus Investment Trust and Virtus Strategy Trust; Vice President and Assistant Secretary (since 2021), Virtus AllianzGI Closed-End Funds; Vice President and Secretary (since 2020), DNP Select Income Fund Inc., Duff & Phelps Utility and Infrastructure Fund Inc., and DTF Tax-Free Income Inc.; Vice President, Chief Legal Officer and Secretary (2020 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; and Vice President, Chief Legal Officer, Counsel and Secretary (since 2020), Virtus Total Return Fund Inc. and Virtus Global Multi-Sector Income Fund; Vice President (since 2017) and Assistant Secretary (since 2008), Virtus Mutual Funds Family; Vice President, Chief Legal Officer, and Secretary (since 2013), Virtus Variable Insurance Trust; and Vice President, Chief Legal Officer, and Secretary (since 2013), Virtus Alternative Solutions Trust. |
Short, Julia R. YOB: 1972 | Senior Vice President (since 2021). | Senior Vice President, Product Development (since 2017), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Senior Vice President (since 2021), Virtus Investment Trust, Virtus Strategy Trust and Virtus Closed-End Funds; Senior Vice President (2018 to 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; and Senior Vice President (since 2018), Virtus Global Multi-Sector Income Fund and Virtus Total Return Fund Inc.; Senior Vice President (2018 to 2019), the former Virtus Total Return Fund Inc.; Senior Vice President (since 2017), Virtus Mutual Fund Family; President and Chief Executive Officer, RidgeWorth Funds (2007 to 2017); and Managing Director, Product Manager, RidgeWorth Investments (2004 to 2017). |
Smirl, Richard W. YOB: 1967 | Executive Vice President (since 2021). | Executive Vice President, Product Management (since 2021), and Executive Vice President and Chief Operating Officer (since 2021), Virtus Investment Partners, Inc. and/or certain of its subsidiaries; Executive Vice President (since 2021), Virtus Mutual Fund Family, Virtus Investment Trust, Virtus Strategy Trust, Virtus Global Multi-Sector Income Fund, and Virtus Total Return Fund Inc.; Executive Vice President (since May to June 2021), Duff & Phelps Select MLP and Midstream Energy Fund Inc.; Chief Operating Officer (2018 to 2021), Russell Investments; Executive Director (Jan. to July 2018), State of Wisconsin Investment Board; and Partner and Chief Operating Officer (2004 to 2018), William Blair Investment Management. |
Statutory Prospectus, each dated February 1, 2021, as supplemented
Virtus AllianzGI Focused Growth Fund | Raphael L. Edelman (since 2016) Kimberlee Millar, CFA (since August 2021) |
Statutory Prospectus each dated February 1, 2021, as supplemented
Virtus AllianzGI Global Small-Cap Fund * | Andrew Neville (Lead) (since 2010) Bjoern Mehrmann, CFA, CMA (since 2012) Heinrich Ey, CFA, DVFA/CEFA (since 2016) Koji Nakatsuka, CFA, CMA (since 2010) Miguel Pohl, CFA (since 2018) Stuart Winchester, CFA (since 2020) Jeffrey D. Parker, CFA (since 2020) Moritz Dufner, CFA, CAIA (since 2020) Mark W. Phanitsiri, CFA (since 2020) Jasmine To (since October 2021) |
Statutory Prospectus and the Statement of Additional Information (“SAI”),
each dated February 1, 2021, as supplemented
Statutory Prospectus, each dated February 1, 2021, as supplemented
Accounting Firm
Mutual Fund Services | 1-800-243-1574 |
Adviser Consulting Group | 1-800-243-4361 |
Website | Virtus.com |
The Securities and Exchange Commission has modified mailing regulations for semiannual and annual shareholder fund reports to allow mutual fund companies to send a single copy of these reports to shareholders who share the same mailing address. If you would like additional copies, please call Mutual Fund Services at 1-800-243-1574.
please contact us at 1-800-243-1574, or visit Virtus.com.
8074 | 8-21 |
Item 2. | Code of Ethics. |
(a) | The registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party. |
(c) | Effective February 1, 2021, the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, was amended. A copy of the currently applicable code is included as an exhibit. |
(d) | The registrant has not granted any waivers, during the period covered by this report, including an implicit waiver, from a provision of the code of ethics that applies to the registrant’s principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions, regardless of whether these individuals are employed by the registrant or a third party, that relates to one or more of the items set forth in paragraph (b) of the instructions for completion of this Item. |
Item 3. | Audit Committee Financial Expert. |
(a)(1) The Registrant’s Board of Trustees has determined that the Registrant has an “audit committee financial expert” serving on its Audit Committee.
(a)(2) As of the beginning of the period covered by the report, the Registrant’s Board of Trustees had determined that James A. Jacobson and Davey S. Scoon, both of whom served on the Trust’s Audit Oversight Committee, qualified as “audit committee financial experts” and were “independent” for purposes of this Item. On February 1, 2021, the members of the Board changed, the Audit Oversight Committee changed to the Audit Committee and its membership changed, and as a result the Registrant’s Board of Trustees reviewed the new membership to determine whether the members possess the technical attributes identified in Instruction 2(b) of Item 3 to Form N-CSR to qualify as an “audit committee financial expert” and determined that each of Donald C. Burke, Connie D. McDaniel and Brian T. Zino possesses such attributes. Each of Messrs. Burke and Zino, and Ms. McDaniel, was an “independent” trustee pursuant to paragraph (a)(2) of Item 3 to Form N-CSR as of the end of the period covered by the report.
Item 4. | Principal Accountant Fees and Services. |
Audit Fees
(a) | The aggregate fees billed for each of the last two fiscal years for professional services rendered by the principal accountant for the audit of the registrant’s annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years are $297,900 for 2021 and $559,910 for 2020. |
Audit-Related Fees
(b) | The aggregate fees billed in each of the last two fiscal years for assurance and related services by the principal accountant that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under paragraph (a) of this Item are $0 for 2021 and $0 for 2020. |
Tax Fees
(c) | The aggregate fees billed in each of the last two fiscal years for professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning are $74,520 for 2021 and $155,000 for 2020. |
“Tax Fees” are those primarily associated with review of the Trust’s tax provision and qualification as a regulated investment company (RIC) in connection with audits of the Trust’s financial statement, review of year-end distributions by the Fund to avoid excise tax for the Trust, periodic discussion with management on tax issues affecting the Trust, and reviewing and signing the Fund’s federal income tax returns.
All Other Fees
(d) | The aggregate fees billed in each of the last two fiscal years for products and services provided by the principal accountant, other than the services reported in paragraphs (a) through (c) of this Item are $0 for 2021 and $0 for 2020. |
(e)(1) | Disclose the audit committee’s pre-approval policies and procedures described in paragraph (c)(7) of Rule 2-01 of Regulation S-X. |
Virtus Investment Trust’s (the “Fund”) Board of Trustees has adopted policies and procedures with regard to the pre-approval of services provided by the Registrant’s auditors. Audit, audit-related and tax compliance services provided to the Fund on an annual basis require specific pre-approval by the Audit Committee. The Audit Committee must also approve other non-audit services provided to the Fund and those non-audit services provided to the Fund’s Affiliated Service Providers that relate directly to the operations and financial reporting of the Fund. Certain of these non-audit services that the Audit Committee believes are a) consistent with the SEC’s auditor independence rules and b) routine and recurring services that will not impair the independence of the independent auditors may be approved by the Audit Committee without consideration on a specific case-by-case basis (“general pre-approval”).
The Audit Committee has determined that the Chair of the Audit Committee may provide pre-approval for such services that meet the above requirements in the event such approval is sought between regularly scheduled meetings. In any event, the Audit Committee is informed of each service approved subject to general pre-approval at the next regularly scheduled in-person Audit Committee meeting.
(e)(2) | The percentage of services described in each of paragraphs (b) through (d) of this Item that were approved by the audit committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X are as follows: |
(b) 0%
(c) 0%
(d) N/A
(f) | The percentage of hours expended on the principal accountant’s engagement to audit the registrant’s financial statements for the most recent fiscal year that were attributed to work performed by persons other than the principal accountant’s full-time, permanent employees was less than fifty percent. |
(g) | The aggregate non-audit fees billed by the registrant’s accountant for services rendered to the registrant, and rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant for each of the last two fiscal years of the registrant was $74,520 for 2021 and $1,738,597 for 2020. |
**Note the Registrant changed investment advisers during its fiscal year and thus, the 2021 fees represent the fee structure under the current investment adviser (Virtus Investment Advisers, Inc.) and the 2020 fees represents the fee structure under the former investment adviser (Allianz Global Investors U.S. LLC). |
(h) | The registrant’s audit committee of the board of directors has considered whether the provision of non-audit services that were rendered to the registrant’s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the registrant that were not pre-approved pursuant to paragraph (c)(7)(ii) of Rule 2-01 of Regulation S-X is compatible with maintaining the principal accountant’s independence. |
Item 5. Audit Committee of Listed Registrants.
Disclosure not required for open-end management investment companies.
Item 6. Investments.
(a) | Schedule of Investments in securities of unaffiliated issuers as of the close of the reporting period is included as part of the report to shareholders filed under Item 1(a) of this form. |
(b) | Not applicable. |
Item 7. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. |
Disclosure not required for open-end management investment companies.
Item 8. | Portfolio Managers of Closed-End Management Investment Companies. |
Disclosure not required for open-end management investment companies.
Item 9. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. |
Disclosure not required for open-end management investment companies.
Item 10. | Submission of Matters to a Vote of Security Holders. |
Effective February 1, 2021, the Board has adopted a new policy for consideration of Trustee nominees recommended by shareholders. With regards to such policy, an individual shareholder or shareholder group submitting a nomination must hold either individually or in the aggregate for at least one full year as of the date of nomination 5% of the shares of a series of the Trust, among other qualifications and restrictions. Shareholders or shareholder groups submitting nominees must comply with all requirements set forth in the Trust’s policy for consideration of Trustee nominees recommended by shareholders and any such submission must be in writing, directed to the attention of the Board’s Governance and Nominating Committee in care of the Trust’s Secretary, and should include biographical information, including business experience for the past ten years and a description of the qualifications of the proposed nominee, along with a statement from the proposed nominee that he or she is willing to serve and meets the requirements to be an Independent Trustee, if applicable. Shareholder nominees for Trustee will be given the same consideration as any candidate provided the nominee meets certain minimum requirements.
Item 11. | Controls and Procedures. |
(a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d))) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. |
Disclosure not required for open-end management investment companies.
Item 13. | Exhibits. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) | Virtus Investment Trust | |
By (Signature and Title)* | /s/ George R. Aylward | |
George R. Aylward, President | ||
(principal executive officer) | ||
Date | 9/3/21 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title)* | /s/ George R. Aylward | |
George R. Aylward, President | ||
(principal executive officer) | ||
Date | 9/3/21 |
By (Signature and Title)* | /s/ W. Patrick Bradley | |
W. Patrick Bradley, Executive Vice President, Chief Financial Officer, and Treasurer | ||
(principal financial officer) | ||
Date | 9/3/21 |
* | Print the name and title of each signing officer under his or her signature. |