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 41.87 / +0.10 %
- Total Assets 6.5 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 May 07, 2024 | 1-Day Return as of May 07, 2024, 10:22 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 34.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 7.26 | 474.5 Mil | Technology |
Apple Inc | 5.77 | 376.9 Mil | Technology |
NVIDIA Corp | 5.13 | 335.4 Mil | Technology |
Amazon.com Inc | 3.87 | 253.0 Mil | Consumer Cyclical |
Alphabet Inc Class C | 3.07 | 200.7 Mil | Communication Services |
Meta Platforms Inc Class A | 2.52 | 164.7 Mil | Communication Services |
Fixed Inc Clearing Corp.Repo | 2.29 | 149.7 Mil | Cash and Equivalents |
Berkshire Hathaway Inc Class B | 2.23 | 146.0 Mil | Financial Services |
JPMorgan Chase & Co | 1.66 | 108.4 Mil | Financial Services |
Eli Lilly and Co | 1.54 | 100.7 Mil | Healthcare |