Allianz Income and Growth
A solution to counter market volatility and help meet investors' long-term financial needs
3 asset classes, one goal: Income & Growth
The fund takes a multi-asset approach to deliver consistent income and capital growth, with lower volatility, through investments in U.S. large-cap equities (with a covered call overlay), U.S. convertible securities and U.S. high-yield bonds. Through investing in three primary asset classes, the fund has exposure to multiple opportunities for income plus growth:
High-quality, large-cap stocks offer capital appreciation potential and dividend income.
Convertible securities offer current income, investment-grade exposure, and unlimited upside potential with less downside risk than stocks.
High-yield bonds offer high income and historically have exhibited much less volatility than stocks.
Covered calls can provide additional income from option premiums.
All three asset classes – equities, convertibles and high-yield bonds – offer the opportunity to generate and realize capital appreciation.
Why invest
Targets equal weighting
Seven sources of income
U.S. high-yield bond coupons
U.S. convertible security coupons
U.S. equity dividends
Gains from the U.S. equities
Gains from the U.S. convertible securities
Gains from the U.S. high-yield bonds
Covered call option premiums
Opportunities
- Attractive potential returns of equities, high-yield bonds and convertible bonds
- Investments specifically in the U.S. capital market
- Currency gains possible in unhedged share classes
- Broad diversification across numerous securities
- Potential additional returns from security analysis and active management
Risks
- Equities, high-yield bonds and convertible bonds may be subject to volatility and loss risks. The volatility of the fund unit price may be strongly increased
- Underperformance of the U.S. capital market possible
- Currency losses possible in unhedged share classes
- Limited participation in the potential of individual securities
- Success of single security analysis and active management not guaranteed
Allianz Income & Growth: A History of Seeking Consistent Monthly Distributions for Income-Seeking Investors
The Income and Growth Fund takes a unique multi-asset approach to delivering consistent income and capital growth with lower volatility through investments in large-cap equities (with a covered call overlay), convertible securities, and high-yield bonds.
Source: Voya Investment Management, 2024. This is for guidance only and not indicative of future allocation. A performance of the fund is not guaranteed, and losses remain possible. Diversification does not guarantee a profit or protect against losses. The actual asset allocation may vary materially and will depend on availability of assets and current market conditions.
1 A performance of the Fund is not guaranteed, and losses remain possible
Marketing communication. Please consult the fund's prospectus and key information document before making a final investment decision.
Investing involves risk. The value of an investment and the income from it can go down as well as up, and when you redeem it, you may not receive the amount you originally invested. Investing in fixed income securities can expose you to a variety of risks, including credit risk, interest rate risk and liquidity risk. Changes in the economic environment and market conditions may affect these risks and have a negative effect on the value of the investment. In periods of rising nominal rates, the value of fixed income securities (including positions in such securities with short-term maturities) generally tends to decline. Conversely, in periods of declining nominal rates, the value of fixed-income securities generally tends to rise. The liquidity risk (of the issuer) could be the cause of delays or suspensions in the payment of redemption proceeds of the shares of the sub-fund. Allianz Income and Growth is a sub-fund of Allianz Global Investors Fund SICAV, an open-ended investment company with variable capital incorporated under the laws of Luxembourg. The value of shares belonging to the Sub-Fund's share classes denominated in the base currency may be subject to high volatility. The volatility of other share classes could be different and potentially higher. Past performance is not a guide to future performance. If the currency in which past performance is expressed differs from the currency of the investor's country of residence, the investor may be penalised by fluctuations in exchange rates between his or her currency and the currency in which the returns are denominated at the time of any conversion. This document is for informational purposes only and should not be construed as a solicitation to make an offer, enter into a contract or buy/sell any financial product. The financial products described herein may not be registered or authorised for placement in all jurisdictions or to certain categories of investors. Distribution takes place only where authorized by applicable law and in particular is not available to investors residing in the United States of America and/or of U.S. nationality. The investment opportunities described here do not take into account the specific investment objectives, financial situation, expertise, experience and specific needs of each investor and are not guaranteed. The management company may decide to terminate the arrangements adopted for the marketing of its collective investment undertakings in accordance with the applicable rules on de-notification. The information and opinions expressed in this document, subject to change without notice over time, are those of the company that prepared it or its affiliates, at the time of preparation of the document itself. The data contained in this document are derived from sources that are presumed to be correct and reliable at the time of publication of the document itself. The terms and conditions of any offer or contract that has been or will be entered into or signed shall prevail. For a free copy of the prospectus, the founding documents, the latest annual and semi-annual financial reports and the key information document in English, please contact the management company Allianz Global Investors GmbH in the country of domicile of the fund Luxembourg or the company that prepared this document at the email or postal address below or consult regulatory.allianzgi.com. Before joining, please read these documents carefully, which are the only binding ones. The daily share prices of each class of each sub-fund are available on the www.allianzgifondi.it website. This document is a marketing communication issued by Allianz Global Investors GmbH, www.allianzgi.it, a limited liability management company under German law, with its registered office at Bockenheimer Landstrasse 42-44, 60323 Frankfurt am Main, registered in the Commercial Register of the Frankfurt am Main District Court under number HRB 9340, authorised by the Bundesanstalt für Finanzdienstleistungsaufsicht (www.bafin.de). The Summary of Investor Rights is available in French, English, Italian, German and Spanish at https://regulatory.allianzgi.com/en/investors-rights. Allianz Global Investors GmbH has established a branch in Italy, Allianz Global Investors GmbH, Branch in Italy, via Durini 1 - 20122 Milan, subject to the supervision of the competent Italian and German authorities in accordance with EU legislation. Duplication, publication or transmission of the contents of this document in any form is prohibited; unless expressly consented to by Allianz Global Investors GmbH.
The information on this page is for illustrative purposes only and should not be relied upon as any forecast, research or investment advice, or a recommendation to adopt any investment strategy.
Allianz ADM: 3764863, Voya ADM: 4367210