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, reducing its appeal relative to peers.
Gateway Y GTEYX
- NAV / 1-Day Return 45.47 / +0.62 %
- Total Assets 6.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Options Trading
- Alt Style Correlation / Relative Volatility High/Medium
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 0.72%
- Turnover 18%
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis GTEYX
Will GTEYX 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 37.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Apple Inc | 7.06 | 468.3 Mil | Technology |
Microsoft Corp | 6.91 | 458.2 Mil | Technology |
NVIDIA Corp | 6.25 | 414.6 Mil | Technology |
Amazon.com Inc | 3.62 | 240.3 Mil | Consumer Cyclical |
Alphabet Inc Class C | 3.09 | 204.8 Mil | Communication Services |
Meta Platforms Inc Class A | 2.52 | 167.1 Mil | Communication Services |
Berkshire Hathaway Inc Class B | 2.21 | 146.5 Mil | Financial Services |
JPMorgan Chase & Co | 1.83 | 121.6 Mil | Financial Services |
Eli Lilly and Co | 1.80 | 119.3 Mil | Healthcare |
Broadcom Inc | 1.69 | 111.9 Mil | Technology |