AllianzGI Ultra Micro Cap Fund (GUCAX)

AllianzGI Ultra Micro Cap Fund (GUCAX) is an actively managed equity mutual fund. This stock fund invests mainly in equity securities of ultra micro-cap companies. The managers currently define ultra micro-cap companies as those with market capitalizations less than two times the weighted average of the Russell Microcap Growth Index.

GUCAX Fund Profile

• Fund Inception Date: 12/19/2011
• Ticker Symbol: GUCAX
• CUSIP: 01880B645
• Beta (3yr): 1.38
• Rank in category (YTD): 87%
• Category: Small Growth
• Distribution Yield: 0.00%
• Capital Gains: -
• Expense Ratio: 2.16%
• Net Assets: $ 104.2 million
• Number of Years Up: 2 years
• Number of Years Down: 1 year
• Annual Turnover Rate: 66%

The fund managers are Robert S. Marren, John C. McCraw, K. Mathew Axline, and Stephen W. Lyford. The current yield is 0%. With expense fee of 2.16%, this class A fund has a steep sales load of 5.50%. The current share price is $23.90. The fund’s sponsor is Allianz Global Investors.

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AllianzGI Ultra Micro Cap Fund Performance

Morningstar has ranked this small growth fund with 3 star rating. This stock fund has a 3 year annualized return of 18.52%. It has returned -0.81% over the past 1 year, and 22.20% over the past 5 year. The fund performance for the past 5 years is as follows:

• Year 2014: -3.67%
• Year 2013: 59.48%
• Year 2012: 19.35%
• Year 2011: -3.71%
• Year 2010: 49.83%

Top 5 stocks in its portfolio are: Nautilus Inc, LendingTree Inc, Motorcar Parts of America Inc, Park-Ohio Holdings Corp, and IGI Inc. Top 3 sectors are healthcare, technology, and industrials. The fund status is current not open to new investors. Please check with your brokerage for details.

Other classes of this fund are:

• AllianzGI Ultra Micro Cap Institutional (AUMIX)
• AllianzGI Ultra Micro Cap P (AAUPX)

Fund Risks

Investing in this mutual fund involves risks such as market risk, management style risk, political risk, etc.

More: Top Small Growth Mutual Funds 2014

Pros:

• Performance has been consistently fine for the past 3 years.

Cons:

• The class A has a high sales load.
• The expense fee is also very high.