Allianz NFJ Small Cap Value Fund (PCVAX)

According to various investment research, value stock fund has better long term performance. The following Allianz NFJ Small Cap Value is one of this value domestic stock fund. This fund invests primarily in small cap value company. I provided the fund review, fund's yield, fund's CUSIP, etc.

Allianz NFJ Small Cap Value A (Ticker: PCVAX)

PCVAX fund characteristics

The Allianz NFJ Small Cap Value fund investment objective is to provide long-term growth of capital and income. This Allianz NFJ fund invests >80% of net assets (including borrowings made for investment purposes) in common stocks and other equity securities of companies with smaller market capitalizations.

It currently classifies small market capitalization companies to be companies with market capitalizations of between $100 million and $3.5 billion. The fund invests significantly in securities of companies that the portfolio managers expect will generate income (i.e. dividend paying companies).

PCVAX Fund Details

• Fund Inception Date: January 1997
• Ticker Symbol: PCVAX
• CUSIP: 018918714
• Beta (3yr): 0.98
• Rank in category (YTD): 16
• Category: Small Value
• Distribution: 1.35%
• Net Assets: $7.5 billion
• Sales Load: 5.50%
• Expense Ratio: 1.20%
• Capital Gains: N/A
• Number of Years Up: 10 years
• Number of Years Down: 3 years

updated on 6/19/2011

Since December 1995, Paul A. Magnuson has been the lead manager of this fund. This Allianz fund was introduced to public in January 1997. The PCVAX fund requires a minimum of $1,000 to open a brokerage account in this fund with $50 of minimum subsequent investment. There is no IRA account available. This fund has 5.50% sales-load fee and 0.25% 12b1 fee. The last dividend distributed in December 2009 and the last capital gain was distributed in December 2008. The fund’s dividend yield is 1.35%. It also has 1.20% annual expense ratio.

This best small value stock fund can be purchased from 82 brokerages such as JP Morgan, Merrill Lynch, Vanguard, Edward Jones, Schwab Retail, Scottrade Load, Ameriprise Brokerage, Royal Alliance, Firstrade, ADP Access, etc. Investor can choose within the other classes of this best fund such as Admin Class (PVADX), Class B (PCVBX), Class C (PCVCX), Class D (PNVDX), Institutional Class (PSVIX), Class P (ASVPX) and Class R (PNVRX).

PCVAX has returned 21.54% over the past one year, 3.45% over the past three years and 10.90% over the past decade. The ratio of up compared to down years in term of return performance is 10:3. In 2003, the fund has its best 1-year total return with 30.22% total return. Currently, the fund’s year-to-date return is 8.79%.

As of June 2011, the top 5 sectors of PCVAX are Materials (16.48%), Energy (15.93%), Financials (15.14%), Industrials (11.88%) and Consumer Discrepancy (10.08%). The investment breakdown as of May 2011 is 95.12% in common stocks and 4.88% in cash. The top holdings of this fund are Cooper Cos Inc (1.48%), Holly Corp (1.48%), Lubrizol Corp (1.46%), Berry Petroleum Co (1.44%), Royal Gold Inc (1.42%), Corn Products International (1.41%), Linn Energy LLC (1.33%), Central Fund Canada LTD-A (1.30%), Rock-Tenn Co (1.29%) and Buckle Inc (1.25%).

Goods:

• Good track record
• Low initial investment requirement

Bads:

• Class A has a sales load

Disclosure: No Position

Other best small cap stock funds are:

• T Rowe Price Small Cap Value (PRSVX)
• Baron Small Cap Fund (BSCFX)