As filed with the Securities and Exchange Commission on September 17, 2013

Registration Nos. 33-36528;
811-6161

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-1A

REGISTRATION STATEMENT Under THE SECURITIES ACT OF 1933		x
Pre-Effective Amendment No.		o
Post-Effective Amendment No. 165		x

REGISTRATION STATEMENT Under THE INVESTMENT COMPANY ACT OF 1940		x
Amendment No. 171		x

Allianz Funds

(Exact Name of Registrant as Specified in Charter)

1633 Broadway, New York, NY 10019

(Address of principal executive offices) (Zip code)

(888) 852-3922

(Registrant’s telephone number, including area code)

Brian S. Shlissel
c/o Allianz Global Investors Fund Management LLC
1633 Broadway
New York, NY 10019
Name and address of agent for service:

Copies to:

Thomas J. Fuccillo, Esq.

c/o Allianz Global Investors Fund Management LLC
1633 Broadway
New York, NY 10019

David C. Sullivan, Esq.
Ropes & Gray LLP
Prudential Tower
800 Boylston Street
Boston, MA 02199

It is proposed that this filing will become effective (check appropriate box):

x Immediately upon filing pursuant to paragraph (b)

o On [date] pursuant to paragraph (b)

o 60 days after filing pursuant to paragraph (a)(1)

o On [date] pursuant to paragraph (a)(1)

o 75 days after filing pursuant to paragraph (a)(2)

o On [date] pursuant to paragraph (a)(2) of Rule 485

If appropriate, check the following box:

o This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

This Post-Effective Amendment (“PEA”) No. 165 to the Trust’s Registration Statement on Form N-1A hereby incorporates Parts A, B and C from the Trust’s PEA No. 164 on Form N-1A filed August 28, 2013. This PEA No. 165 is filed for the sole purpose of submitting the XBRL exhibit for the risk/return summary first provided in PEA No. 164 to the Trust’s Registration Statement.

NOTICE

A copy of the Agreement and Declaration of Allianz Funds (the “Trust”), together with all amendments thereto, is on file with the Secretary of The Commonwealth of Massachusetts and notice is hereby given that this instrument is executed on behalf of the Trust by an officer of the Trust as an officer and not individually and that the obligations of or arising out of this instrument are not binding upon any of the Trustees of the Trust or shareholders of any series of the Trust individually but are binding only upon the assets and property of the Trust or the respective series.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it has met all the requirements for effectiveness of this Post-Effective Amendment No. 165 (the “Amendment”) to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused the Amendment to be signed on its behalf by the undersigned, thereto duly authorized, in the City of New York, and the State of New York on the 17th day of September, 2013.

	ALLIANZ FUNDS
	By:	/s/ Brian S. Shlissel
		Brian S. Shlissel
		President

Pursuant to the requirements of the Securities Act of 1933, this Amendment has been signed below by the following persons in the capacities and on the dates indicated.

Name	Capacity	Date

/s/ Brian S. Shlissel	President	September 17, 2013
Brian S. Shlissel

Lawrence G. Altadonna*	Treasurer and Principal Financial and Accounting Officer
Lawrence G. Altadonna

Maryann Bruce*	Trustee
Maryann Bruce

F. Ford Drummond*	Trustee
F. Ford Drummond

Udo Frank*	Trustee
Udo Frank

C. Kim Goodwin*	Trustee
C. Kim Goodwin

James S. MacLeod*	Trustee
James S. MacLeod

John C. Maney*	Trustee
John C. Maney

Davey S. Scoon*	Trustee
Davey S. Scoon

Edward E. Sheridan*	Trustee
Edward E. Sheridan

W. Bryant Stooks*	Trustee
W. Bryant Stooks

Gerald M. Thorne*	Trustee
Gerald M. Thorne

James W. Zug*	Trustee
James W. Zug

	* By:	/s/ Brian S. Shlissel
		Brian S. Shlissel
		Attorney-In-Fact
		Date: September 17, 2013

EXHIBIT INDEX

Index No.		Description of Exhibit

EX-101.INS		XBRL Instance Document
EX-101.SCH		XBRL Taxonomy Extension Schema Document
EX-101.CAL		XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF		XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB		XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE		XBRL Taxonomy Extension Presentation Linkbase