AllianzGI Structured Alpha Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 99.85 0.0 99.85
Stocks 0.0 0.0 0.0
Bonds 0.0 0.0 0.0
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.0 0.0
Foreign Stocks 1.21 1.06 0.15
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

% Net Assets
Russell 2000 Index Flex May13 969 Call 0.06
Russell 2000 Index Flex May13 971 Call 0.06
Russell 2000 Index Flex May13 976 Call 0.05
Russell 2000 Index Flex May13 946 Call 0.05
S+p 500 Index May13 1420 Put 0.04
Russell 2000 Index Flex May13 950 Call 0.04
Russell 2000 Index Flex Apr13 972 Call 0.04
S+p 500 Index Apr13 1490 Put 0.04
Russell 2000 Index Flex May13 955 Call 0.04
Russell 2000 Index Flex Apr13 950 Call 0.04

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