Gateway Fund attempts to capture some of the equity market’s upside while delivering downside protection using index options. The managers effectively implement this time-tested approach, but the strategy has barely evolved over its long history, causing its appeal to dwindle relative to some peers.
Gateway A GATEX
- NAV / 1-Day Return 42.13 / +0.31 %
- Total Assets 6.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.940%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Options Trading
- Alt Style Correlation / Relative Volatility High/Medium
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.64%
- Turnover 18%
USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:18 PM GMT+0
Morningstar’s Analysis GATEX
Will GATEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 33.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 7.52 | 485.5 Mil | Technology |
Apple Inc | 6.81 | 439.3 Mil | Technology |
NVIDIA Corp | 3.90 | 251.6 Mil | Technology |
Amazon.com Inc | 3.66 | 236.2 Mil | Consumer Cyclical |
Alphabet Inc Class C | 2.98 | 192.5 Mil | Communication Services |
Meta Platforms Inc Class A | 2.25 | 145.0 Mil | Communication Services |
Berkshire Hathaway Inc Class B | 2.14 | 138.2 Mil | Financial Services |
Fixed Inc Clearing Corp.Repo | 1.64 | 105.9 Mil | Cash and Equivalents |
JPMorgan Chase & Co | 1.54 | 99.3 Mil | Financial Services |
Visa Inc Class A | 1.51 | 97.7 Mil | Financial Services |