Allianzgi Technology Fund Quote
| DRGTX Fund | USD 89.64 0.25 0.28% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Allianzgi Technology is trading at 89.64 as of the 24th of November 2024; that is 0.28 percent up since the beginning of the trading day. The fund's open price was 89.39. Allianzgi Technology has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Allianzgi Technology Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
The fund seeks to achieve its objective by normally investing at least 80 percent of its net assets in common stocks of U.S. companies and other U.S.-traded equity securities of technology companies. The funds managers consider U.S.-traded equity securities to include ADRs, as well as securities that are traded in the U.S. More on Allianzgi Technology Fund
Moving against Allianzgi Mutual Fund
Allianzgi Mutual Fund Highlights
| Thematic Idea | Tech Funds (View all Themes) |
| Fund Concentration | Allianz Global Investors Funds, Large Growth Funds, Technology Funds, Tech Funds, Technology, Allianz Global Investors, Large Growth, Technology (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 6th of November 2020 |
| Fiscal Year End | June |
Allianzgi Technology Fund [DRGTX] is traded in USA and was established 24th of November 2024. Allianzgi Technology is listed under Allianz Global Investors category by Fama And French industry classification. The fund is listed under Technology category and is part of Allianz Global Investors family. The entity is thematically classified as Tech Funds. This fund currently has accumulated 2.51 B in assets under management (AUM) with no minimum investment requirementsAllianzgi Technology is currently producing year-to-date (YTD) return of 31.37%, while the total return for the last 3 years was 5.46%.
Check Allianzgi Technology Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Allianzgi Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Allianzgi Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Allianzgi Technology Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Allianzgi Technology Fund Mutual Fund Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ZS | Zscaler | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| AYX | Alteryx | Stock | Information Technology | |
| TEAM | Atlassian Corp Plc | Stock | Information Technology | |
| HUBS | HubSpot | Stock | Information Technology | |
| ON | ON Semiconductor | Stock | Information Technology | |
| RNG | Ringcentral | Stock | Information Technology |
Allianzgi Technology Risk Profiles
| Mean Deviation | 0.9717 | |||
| Semi Deviation | 1.52 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 |
Allianzgi Technology Against Markets
Other Information on Investing in Allianzgi Mutual Fund
Allianzgi Technology financial ratios help investors to determine whether Allianzgi Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allianzgi with respect to the benefits of owning Allianzgi Technology security.
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