Gateway C (GTECX)
| Fund Assets | 6.90B |
| Expense Ratio | 1.70% |
| Min. Investment | $2,500 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.00 |
| Dividend Yield | 0.01% |
| Dividend Growth | -66.27% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Mar 25, 2025 |
| Previous Close | 48.46 |
| YTD Return | 5.46% |
| 1-Year Return | 10.39% |
| 5-Year Return | 39.17% |
| 52-Week Low | 41.55 |
| 52-Week High | 48.46 |
| Beta (5Y) | n/a |
| Holdings | 209 |
| Inception Date | Dec 7, 1977 |
About GTECX
Gateway Fund Class C Shares is an open-end mutual fund that seeks to capture a significant portion of the equity market’s returns while aiming to reduce overall portfolio risk. The fund primarily invests in a diversified basket of large-cap U.S. common stocks, featuring holdings in prominent technology and consumer sectors such as Apple, NVIDIA, Microsoft, Amazon, and Alphabet. What sets this fund apart is its active use of options strategies: it writes index call options and buys index put options, a time-tested approach designed to provide downside protection and lower volatility relative to the broader equity market. This combination makes the fund a representative of the equity hedged category, appealing to investors looking for exposure to equities with a defensive overlay. Managed by a multi-person team, Gateway Fund Class C Shares continues to play a notable role in risk-managed, options-based investing by targeting steady participation in market gains while moderating the impact of major market downturns.
Performance
GTECX had a total return of 10.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.66%.
Top 10 Holdings
41.89% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.17% |
| Microsoft Corporation | MSFT | 7.88% |
| Apple Inc. | AAPL | 5.93% |
| Amazon.com, Inc. | AMZN | 4.49% |
| Meta Platforms, Inc. | META | 3.40% |
| Alphabet Inc. | GOOG | 3.13% |
| Broadcom Inc. | AVGO | 2.66% |
| JPMorgan Chase & Co. | JPM | 2.28% |
| Berkshire Hathaway Inc. | BRK.B | 2.13% |
| Visa Inc. | V | 1.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2025 | $0.0028 | Mar 26, 2025 |
| Mar 25, 2024 | $0.0083 | Mar 26, 2024 |
| Mar 24, 2023 | $0.0178 | Mar 27, 2023 |
| Jun 24, 2020 | $0.023 | Jun 25, 2020 |
| Mar 25, 2020 | $0.0257 | Mar 26, 2020 |
| Dec 18, 2019 | $0.0083 | Dec 19, 2019 |