Gateway Equity Call Premium A (GCPAX)
Gateway Equity Call Premium A operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.29, up 0.21% on the session, giving a market capitalisation of $342.8M. Its beta of 0.63 implies it has historically moved less than the broad market.
Under typical conditions, this fund commits at least 80% of its net assets (including any capital from borrowings) to equity investments. It habitually maintains a broadly diversified portfolio of stocks. Furthermore, the fund engages in selling index call options, aiming for their aggregate notional value to roughly correspond with the market value of its equity holdings. It also has the flexibility to invest in both affiliated and unaffiliated mutual funds and exchange-traded funds, in line with the regulations of the Investment Company Act of 1940.
Gateway Equity Call Premium A is most often compared with the following Financial Services names: