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 C GTECX
- NAV / 1-Day Return 43.08 / +0.65 %
- Total Assets 6.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.700%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Options Trading
- Alt Style Correlation / Relative Volatility High/Medium
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 0.02%
- Turnover 18%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis GTECX
Will GTECX 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 36.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 7.14 | 456.0 Mil | Technology |
Apple Inc | 6.42 | 410.2 Mil | Technology |
NVIDIA Corp | 6.16 | 393.3 Mil | Technology |
Amazon.com Inc | 3.79 | 241.9 Mil | Consumer Cyclical |
Alphabet Inc Class C | 3.48 | 222.5 Mil | Communication Services |
Meta Platforms Inc Class A | 2.45 | 156.2 Mil | Communication Services |
Berkshire Hathaway Inc Class B | 2.19 | 139.8 Mil | Financial Services |
JPMorgan Chase & Co | 1.72 | 109.6 Mil | Financial Services |
Fixed Inc Clearing Corp.Repo | 1.68 | 107.2 Mil | Cash and Equivalents |
Eli Lilly and Co | 1.65 | 105.1 Mil | Healthcare |