While Virtus AllianzGI Global Allocation’s vast resources and affordable price provide a solid foundation, its recent manager turnover and shifting portfolio composition keep its Morningstar Analyst Rating at Neutral across all share classes.
Virtus AllianzGI Global Allocation Instl PALLX
NAV / 1-Day Return
10.76
/
0.28
%
Total Assets
272.7 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.680%
Expense Ratio
0.680%
Fee Level
Low
Longest Manager Tenure
12.73
years
Category
World Allocation
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
2.15%
Turnover
168%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PALLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PALLX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PALLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PALLX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Constant change has made this revamped ESG strategy difficult to pin down.
