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Gateway Fund
mutual fund
GATEX
Dividend policy
Active
Price as of:
$38.59
+0.17
+0%
primary theme
Options-based
share class
GATEX (Mutual Fund)
Gateway Fund
Dividend policy
Active
Price as of:
$38.59
+0.17
+0%
primary theme
Options-based
share class
GATEX (Mutual Fund)
Gateway Fund
Dividend policy
Active
Price as of:
$38.59
+0.17
+0%
primary theme
Options-based
share class
GATEX - Snapshot
Vitals
- YTD Return 5.0%
- 3 Yr Annualized Return 6.3%
- 5 Yr Annualized Return 6.3%
- Net Assets $7.22 B
- Holdings in Top 10 28.2%
52 WEEK LOW AND HIGH
$38.42
$31.63
$38.59
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.02%
SALES FEES
- Front Load 5.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 22.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA $1,000
Fund Classification
- Primary Theme Options-based
- Fund Type Open End Mutual Fund
- Investment Style Options-based
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$25.57
+0.47%
$17.44 B
1.03%
$0.26
blocked
blocked
blocked
6.68%
0.60%
$10.03
+0.70%
$2.93 B
-
-
blocked
blocked
blocked
7.50%
1.08%
$13.62
+0.67%
$2.00 B
-
-
blocked
blocked
blocked
6.99%
1.08%
$10.34
+0.39%
$1.88 B
-
-
blocked
blocked
blocked
10.59%
0.86%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
Global X NASDAQ 100 Covered Call ETF
QYLD | ETF
$22.83
0.00%
$2.25 B
11.45%
$2.61
blocked
blocked
blocked
0.09%
0.67%
JPMorgan Equity Premium Income ETF
JEPI | ETF
$58.61
+0.65%
$841.89 M
7.15%
$4.16
blocked
blocked
blocked
5.51%
0.35%
$33.33
+1.06%
$759.28 M
0.15%
$0.05
blocked
blocked
blocked
2.01%
0.49%
Amplify CWP Enhanced Dividend Income ETF
DIVO | ETF
$35.45
+1.06%
$340.43 M
4.80%
$1.68
blocked
blocked
blocked
8.77%
0.95%
Nationwide Risk-Managed Income ETF
NUSI | ETF
$27.84
+1.27%
$262.49 M
7.66%
$2.11
blocked
blocked
blocked
1.56%
0.68%
GATEX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return 4.2%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.88%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGateway Fund
-
Fund Family NameNatixis Funds
-
Inception DateDec 07, 1977
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Stewart
Fund Description
The fund invests in a broadly diversified portfolio of common stocks, while also selling index call options and purchasing index put options. Writing index call options reduces the fund's volatility, provides steady cash flow and is an important source of the fund's return, although it also reduces the fund's ability to profit from increases in the value of its equity portfolio.
GATEX - Performance
Return Ranking - Trailing
| Period | GATEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -2.9% | 242.2% | 57.31% |
| 1 Yr | 22.7% | -4.3% | 140.6% | 68.26% |
| 3 Yr | 6.3%* | -8.3% | 18.3% | 69.23% |
| 5 Yr | 6.3%* | -5.0% | 17.3% | 62.71% |
| 10 Yr | 5.0%* | -4.6% | 13.2% | 74.51% |
* Annualized
Return Ranking - Calendar
| Period | GATEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.9% | -34.1% | 904.0% | 43.24% |
| 2019 | 9.6% | -28.6% | 438.4% | 61.85% |
| 2018 | -5.4% | -93.5% | 8.2% | 22.76% |
| 2017 | 8.5% | -38.9% | 19.8% | 35.66% |
| 2016 | 3.8% | -10.9% | 12.8% | 35.92% |
Total Return Ranking - Trailing
| Period | GATEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.0% | -2.7% | 240.8% | 56.52% |
| 1 Yr | 15.6% | -4.3% | 140.6% | 84.35% |
| 3 Yr | 4.2%* | -8.3% | 18.3% | 82.05% |
| 5 Yr | 5.1%* | -5.4% | 17.3% | 72.88% |
| 10 Yr | 4.4%* | -4.6% | 13.2% | 74.51% |
* Annualized
Total Return Ranking - Calendar
| Period | GATEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 5.9% | -34.1% | 904.0% | 43.24% |
| 2019 | 9.6% | -5.9% | 438.4% | 62.43% |
| 2018 | -4.4% | -81.2% | 8.2% | 27.59% |
| 2017 | 9.7% | -29.0% | 19.8% | 41.86% |
| 2016 | 5.2% | -10.9% | 12.8% | 41.75% |
NAV & Total Return History
GATEX - Holdings
Concentration Analysis
| GATEX | Category Low | Category High | GATEX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.22 B | 25 | 17.4 B | 2.62% |
| Number of Holdings | 286 | 2 | 508 | 8.05% |
| Net Assets in Top 10 | 1.99 B | -6.66 M | 5.12 B | 2.68% |
| Weighting of Top 10 | 28.20% | 11.3% | 100.0% | 73.83% |
Top 10 Holdings
- Apple Inc 6.03%
- Microsoft Corp 5.56%
- Amazon.com Inc 4.21%
- Alphabet Inc Class C 2.68%
- Facebook Inc A 2.03%
- JPMorgan Chase & Co 1.83%
- Berkshire Hathaway Inc Class B 1.57%
- Tesla Inc 1.54%
- Procter & Gamble Co 1.53%
- Visa Inc Class A 1.42%
Asset Allocation
| Weighting | Return Low | Return High | GATEX % Rank | |
|---|---|---|---|---|
| Stocks | 96.91% | -3.92% | 195.49% | 44.06% |
| Cash | 3.09% | -95.50% | 100.29% | 49.43% |
| Preferred Stocks | 0.00% | 0.00% | 3.46% | 12.64% |
| Other | 0.00% | 0.00% | 45.92% | 27.59% |
| Convertible Bonds | 0.00% | 0.00% | 24.77% | 14.94% |
| Bonds | 0.00% | 0.00% | 97.96% | 21.46% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GATEX % Rank | |
|---|---|---|---|---|
| Technology | 23.93% | 0.00% | 44.43% | 43.88% |
| Financial Services | 14.62% | 0.00% | 29.60% | 27.00% |
| Healthcare | 12.97% | 0.00% | 25.91% | 76.79% |
| Consumer Cyclical | 12.25% | 0.00% | 19.02% | 35.44% |
| Communication Services | 11.11% | 0.00% | 21.22% | 22.78% |
| Industrials | 9.56% | 1.41% | 43.91% | 23.21% |
| Consumer Defense | 5.98% | 0.00% | 22.87% | 83.12% |
| Energy | 2.94% | 0.00% | 69.54% | 27.43% |
| Real Estate | 2.38% | 0.00% | 9.44% | 74.26% |
| Utilities | 2.24% | 0.00% | 13.35% | 81.43% |
| Basic Materials | 2.03% | 0.00% | 60.58% | 86.50% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GATEX % Rank | |
|---|---|---|---|---|
| US | 96.29% | -3.89% | 193.69% | 30.65% |
| Non US | 0.62% | -2.17% | 99.33% | 73.56% |
GATEX - Expenses
Operational Fees
| GATEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.02% | 0.20% | 6.78% | 57.20% |
| Management Fee | 0.63% | 0.20% | 1.75% | 15.41% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 69.77% |
| Administrative Fee | N/A | 0.02% | 0.28% | N/A |
Sales Fees
| GATEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 4.75% | 5.75% | 11.11% |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| GATEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GATEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 456.80% | 50.00% |
GATEX - Distributions
Dividend Yield Analysis
| GATEX | Category Low | Category High | GATEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.58% | 16.10% |
Dividend Distribution Analysis
| GATEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| GATEX | Category Low | Category High | GATEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.88% | -2.54% | 14.24% | 36.89% |
Capital Gain Distribution Analysis
| GATEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 27, 2019 | $0.105 |
| Dec 20, 2018 | $0.087 |
| Sep 26, 2018 | $0.088 |
| Jun 27, 2018 | $0.086 |
| Mar 27, 2018 | $0.103 |
| Dec 21, 2017 | $0.039 |
| Sep 29, 2017 | $0.113 |
| Jun 29, 2017 | $0.090 |
| Mar 30, 2017 | $0.096 |
| Dec 21, 2016 | $0.097 |
| Oct 03, 2016 | $0.096 |
| Jul 01, 2016 | $0.095 |
| Mar 31, 2016 | $0.133 |
| Dec 22, 2015 | $0.066 |
| Sep 30, 2015 | $0.099 |
| Jun 26, 2015 | $0.279 |
| Mar 31, 2015 | $0.103 |
| Sep 24, 2014 | $0.088 |
| Jun 20, 2014 | $0.099 |
| Mar 21, 2014 | $0.115 |
| Dec 19, 2013 | $0.081 |
| Sep 25, 2013 | $0.105 |
| Jun 21, 2013 | $0.104 |
| Mar 22, 2013 | $0.092 |
| Dec 21, 2012 | $0.161 |
| Sep 21, 2012 | $0.102 |
| Jun 22, 2012 | $0.102 |
| Mar 23, 2012 | $0.103 |
| Dec 20, 2011 | $0.121 |
| Sep 22, 2011 | $0.105 |
| Jun 23, 2011 | $0.104 |
| Mar 24, 2011 | $0.100 |
| Dec 21, 2010 | $0.119 |
| Sep 23, 2010 | $0.097 |
| Jun 24, 2010 | $0.095 |
| Mar 25, 2010 | $0.085 |
| Sep 25, 2009 | $0.105 |
| Jun 26, 2009 | $0.120 |
| Mar 27, 2009 | $0.160 |
| Dec 31, 2008 | $0.156 |
| Sep 26, 2008 | $0.120 |
| Jun 26, 2008 | $0.116 |
| Mar 27, 2008 | $0.135 |
| Dec 27, 2007 | $0.125 |
| Sep 26, 2007 | $0.130 |
| Jun 27, 2007 | $0.130 |
| Mar 28, 2007 | $0.150 |
| Dec 27, 2006 | $0.238 |
| Sep 27, 2006 | $0.120 |
| Jun 28, 2006 | $0.125 |
| Dec 29, 2005 | $0.445 |
| Dec 30, 2004 | $0.290 |
| Dec 30, 2003 | $0.170 |
| Dec 30, 2002 | $0.153 |
| Dec 29, 2000 | $0.078 |
| Dec 30, 1999 | $0.043 |
| Mar 31, 1999 | $0.030 |
| Dec 31, 1998 | $0.033 |
| Sep 30, 1998 | $0.030 |
| Jun 30, 1998 | $0.030 |
| Mar 31, 1998 | $0.030 |
| Dec 31, 1997 | $0.047 |
| Sep 30, 1997 | $0.040 |
| Jun 30, 1997 | $0.040 |
| Mar 31, 1997 | $0.050 |
| Dec 31, 1996 | $0.052 |
| Sep 30, 1996 | $0.050 |
| Jun 28, 1996 | $0.050 |
| Mar 29, 1996 | $0.050 |
| Sep 29, 1995 | $0.070 |
| Jun 30, 1995 | $0.070 |
| Mar 31, 1995 | $0.070 |
| Sep 30, 1994 | $0.070 |
| Jun 30, 1994 | $0.070 |
| Mar 31, 1994 | $0.070 |
| Sep 30, 1993 | $0.070 |
| Jun 30, 1993 | $0.070 |
| Mar 31, 1993 | $0.070 |
| Oct 01, 1992 | $0.070 |
GATEX - Fund Manager Analysis
Managers
Paul Stewart
Start Date
Tenure
Tenure Rank
Dec 15, 2006
14.3
14.3%
Paul Stewart joined Gateway Investment Advisers, LLC in 1995 and is currently the firm’s Chief Executive Officer, President and a member of the Board of Managers. Mr. Stewart also serves as a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. As Chief Executive Officer and member of the Board, Mr. Stewart oversees the management of Gateway and is involved in high-level decisions regarding firm policy and strategy.
Michael Buckius
Start Date
Tenure
Tenure Rank
Jun 01, 2008
12.84
12.8%
Michael Buckius joined Gateway Investment Advisers, LLC in 1999 and is currently the firm’s Chief Investment Officer, Senior Vice President and a member of the Board of Managers. Mr. Buckius also serves as a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. As Chief Investment Officer, Mr. Buckius oversees the firm’s investment management and trading functions, as well as product development and servicing individual client relationships.
Kenneth Toft
Start Date
Tenure
Tenure Rank
Feb 21, 2013
8.11
8.1%
Kenneth Toft joined Gateway Investment Advisers, LLC in 1992 and is currently a Senior Vice President and serves as a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. Mr. Toft is responsible for managing portfolios using hedging strategies for growth-oriented, high-volatility indexes as well as trading and servicing individual client relationships. Prior to joining Gateway, Mr. Toft served as a registered representative for Fidelity Investments.
Daniel Ashcraft
Start Date
Tenure
Tenure Rank
May 01, 2016
4.92
4.9%
Daniel Ashcraft joined Gateway Investment Advisers, LLC in 2009 and is a co-portfolio manager for several mutual funds advised or sub-advised by the firm, in addition to the firm’s separate account strategies. In this role, Mr. Ashcraft is involved in trading and analysis as well as implementation of the firm’s equity multi-factor model. Mr. Ashcraft earned his BS from Miami University, Ohio, and is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 19.77 | 3.61 | 5.67 |
