Gateway Y (GTEYX)
| Fund Assets | 6.90B |
| Expense Ratio | 0.70% |
| Min. Investment | $100,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 0.58% |
| Dividend Growth | -17.04% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 49.24 |
| YTD Return | 6.18% |
| 1-Year Return | 11.48% |
| 5-Year Return | 46.32% |
| 52-Week Low | 42.12 |
| 52-Week High | 49.24 |
| Beta (5Y) | n/a |
| Holdings | 209 |
| Inception Date | Dec 7, 1977 |
About GTEYX
Gateway Fund Class Y Shares is a U.S.-based mutual fund designed to deliver a majority of the returns associated with equity markets while aiming to reduce overall risk. Structured as a low-volatility equity fund, its primary function is to combine a broadly diversified portfolio of common stocks—predominantly from the S&P 500—with an active options overlay. The fund consistently sells index call options, generating income and capping some upside, while also purchasing index put options to limit downside exposure, employing a systematic options strategy known as a "buy-write" approach. This dual strategy seeks to enhance risk-adjusted returns, historically maintaining lower volatility and beta compared to traditional equity funds, and providing a risk profile similar to intermediate- or long-term bonds. With over $6 billion in assets and a multi-decade track record since its 1977 inception, the fund features broad sector exposure with notable allocations to technology, consumer, and financial sectors. Gateway Fund Class Y Shares plays a distinctive role for institutional and high-net-worth portfolios seeking equity participation with added downside protection and lower correlation to fixed income markets.
Performance
GTEYX had a total return of 11.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.68%.
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 |
|---|---|---|
| Jun 26, 2025 | $0.0781 | Jun 27, 2025 |
| Mar 25, 2025 | $0.0732 | Mar 26, 2025 |
| Dec 20, 2024 | $0.0643 | Dec 23, 2024 |
| Sep 26, 2024 | $0.0697 | Sep 27, 2024 |
| Jun 26, 2024 | $0.0736 | Jun 27, 2024 |
| Mar 25, 2024 | $0.0951 | Mar 26, 2024 |