Gateway Equity Call Premium Fund Class C (GCPCX)
| Fund Assets | 287.58M |
| Expense Ratio | 1.68% |
| Min. Investment | $2,500 |
| Turnover | 18.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 22.46 |
| YTD Return | 2.23% |
| 1-Year Return | 20.24% |
| 5-Year Return | 49.70% |
| 52-Week Low | 18.72 |
| 52-Week High | 22.46 |
| Beta (5Y) | 0.63 |
| Holdings | 283 |
| Inception Date | Sep 30, 2014 |
About GCPCX
Gateway Equity Call Premium Fund is an actively managed mutual fund that seeks to provide equity market participation with lower volatility through a specialized options strategy. Its primary function is to generate income and mitigate risk by maintaining a diversified portfolio of U.S. stocks—often with significant allocations to leading technology, communication, and consumer firms—while systematically writing index call options against these holdings. This approach aims to capture option premiums, delivering consistent income and helping buffer against market downturns. The fund generally invests at least 80% of net assets in equities and is classified in the derivative income category, distinguishing itself from traditional equity and hedged funds by focusing on covered call writing rather than put option overlays. By blending equity exposure with a disciplined options overlay, the Gateway Equity Call Premium Fund has a historically lower beta and correlation to broad equity indexes, making it a notable choice for investors seeking risk-adjusted returns and income amid changing market conditions.
Performance
GCPCX had a total return of 20.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.46%.
Top 10 Holdings
36.58% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.15% |
| Apple Inc. | AAPL | 6.53% |
| Microsoft Corporation | MSFT | 4.87% |
| Amazon.com, Inc. | AMZN | 3.51% |
| Alphabet Inc. | GOOG | 3.03% |
| Broadcom Inc. | AVGO | 2.58% |
| Alphabet Inc. | GOOGL | 2.45% |
| Meta Platforms, Inc. | META | 2.41% |
| Fixed Inc Clearing Corp.Repo | n/a | 2.11% |
| Tesla, Inc. | TSLA | 1.94% |