Gateway Fund Class N (GTENX)
| Fund Assets | 7.18B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 0.56% |
| Dividend Growth | -10.88% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 25, 2026 |
| Previous Close | 48.79 |
| YTD Return | -4.64% |
| 1-Year Return | 7.45% |
| 5-Year Return | 33.27% |
| 52-Week Low | 42.13 |
| 52-Week High | 51.73 |
| Beta (5Y) | n/a |
| Holdings | 223 |
| Inception Date | May 1, 2017 |
About GTENX
Gateway Fund Class N is a mutual fund designed to deliver exposure to the returns of equity markets while managing overall risk through options-based strategies. Its primary objective is to capture the majority of equity market gains but with lower volatility compared to typical equity investments, making it appealing for investors seeking equity participation alongside risk mitigation. The fund accomplishes this by holding a diversified portfolio of large-cap stocks and actively managing a systematic overlay of index call and put options—specifically, selling index call options to generate premium income and buying index put options for downside protection. This structure classifies the fund in the equity hedged or options trading category, with a reputation for lower-than-average risk due to its hedging techniques. Key equity holdings typically emphasize established names in the technology, consumer cyclical, and financial sectors, including companies such as Apple, Microsoft, Amazon, and JPMorgan Chase. The fund distributes on a quarterly basis and targets institutional investors, as evidenced by a high minimum investment. Its long-standing risk-managed approach offers a distinct strategy for participating in stock markets while seeking to temper volatility.
Performance
GTENX had a total return of 7.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.87%.
Top 10 Holdings
41.94% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.14% |
| Apple Inc. | AAPL | 6.85% |
| Microsoft Corporation | MSFT | 5.84% |
| Alphabet Inc. | GOOG | 5.02% |
| Amazon.com, Inc. | AMZN | 4.30% |
| Meta Platforms, Inc. | META | 2.82% |
| Broadcom Inc. | AVGO | 2.71% |
| JPMorgan Chase & Co. | JPM | 2.15% |
| Tesla, Inc. | TSLA | 2.05% |
| Berkshire Hathaway Inc. | BRK.B | 2.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2026 | $0.0657 | Mar 26, 2026 |
| Dec 22, 2025 | $0.0544 | Dec 23, 2025 |
| Sep 26, 2025 | $0.0662 | Sep 29, 2025 |
| Jun 26, 2025 | $0.0839 | Jun 27, 2025 |
| Mar 25, 2025 | $0.0785 | Mar 26, 2025 |
| Dec 20, 2024 | $0.0704 | Dec 23, 2024 |