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 41.86 / +0.63 %
- Total Assets 6.4 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 0.61%
- Turnover 18%
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:14 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 35.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 7.45 | 486.6 Mil | Technology |
Apple Inc | 6.42 | 419.1 Mil | Technology |
NVIDIA Corp | 4.75 | 310.2 Mil | Technology |
Amazon.com Inc | 3.99 | 260.5 Mil | Consumer Cyclical |
Alphabet Inc Class C | 2.91 | 189.7 Mil | Communication Services |
Meta Platforms Inc Class A | 2.70 | 176.6 Mil | Communication Services |
Berkshire Hathaway Inc Class B | 2.25 | 147.1 Mil | Financial Services |
JPMorgan Chase & Co | 1.62 | 106.0 Mil | Financial Services |
Visa Inc Class A | 1.55 | 101.1 Mil | Financial Services |
Broadcom Inc | 1.50 | 97.8 Mil | Technology |