Gateway Equity Call Premium Fund Class Y (GCPYX)
| Fund Assets | 335.07M |
| Expense Ratio | 0.68% |
| Min. Investment | $100,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.52% |
| Dividend Growth | -9.96% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 23.62 |
| YTD Return | 6.11% |
| 1-Year Return | 17.19% |
| 5-Year Return | 57.49% |
| 52-Week Low | 20.31 |
| 52-Week High | 23.73 |
| Beta (5Y) | 0.66 |
| Holdings | 291 |
| Inception Date | Sep 30, 2014 |
About GCPYX
Gateway Equity Call Premium Fund Class Y is an institutional mutual fund that employs a low-volatility, options-based strategy to generate income and manage risk. Its primary purpose is to provide total return with less risk than broad U.S. equity markets by investing at least 80% of its assets in a diversified portfolio of large- and mid-cap equity securities, including leading technology and consumer companies. The fund actively writes index call options on its holdings, utilizing an option overlay to capture the volatility risk premium and mitigate downside during market drawdowns while generating cash flow through option premiums. Its tax-efficient approach delivers most profits to shareholders as capital gains rather than interest income, appealing to long-term investors seeking risk-adjusted returns. Gateway Equity Call Premium Fund Class Y is notable for its relative stability, lower beta, and loss-mitigation potential during equity market volatility, making it a significant option within the derivative income and options trading category for institutional investors looking for balanced participation in equity advances and protection against declines.
Performance
GCPYX had a total return of 17.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.65%.
Top 10 Holdings
42.35% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.95% |
| Apple Inc. | AAPL | 7.20% |
| Microsoft Corporation | MSFT | 5.21% |
| Fixed Inc Clearing Corp.Repo | n/a | 4.31% |
| Amazon.com, Inc. | AMZN | 4.15% |
| Alphabet Inc. | GOOG | 3.42% |
| Broadcom Inc. | AVGO | 3.24% |
| Alphabet Inc. | GOOGL | 2.79% |
| Meta Platforms, Inc. | META | 2.16% |
| Tesla, Inc. | TSLA | 1.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.0314 | Jun 26, 2026 |
| Mar 25, 2026 | $0.028 | Mar 26, 2026 |
| Dec 22, 2025 | $0.0339 | Dec 23, 2025 |
| Sep 26, 2025 | $0.0306 | Sep 29, 2025 |
| Jun 26, 2025 | $0.035 | Jun 27, 2025 |
| Mar 25, 2025 | $0.0299 | Mar 26, 2025 |