AllianzIM U.S. Equity Buffer10 Aug ETF
AUGT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Manny Krakaris
- Full Time Employees
- 1,029
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 5701 Golden Hills Drive Minneapolis MN United States of America 55416
- IPO Date
- Aug 1, 2023
- Website
- augmedix.com
- Similar Companies
- Business
- AllianzIM U.S. Large Cap Buffer10 Aug ETF (AUGT) is an actively managed exchange-traded fund that seeks to match the share price returns of the SPDR S&P 500 ETF Trust up to a specified cap while providing a buffer against the first 10% of underlying losses over a one-year outcome period from August 1 to July 31, before fees and expenses. The fund invests substantially all of its assets in FLEX Options referencing the underlying ETF, including combinations of call and put option contracts customized for strike prices, styles, and expiration dates; it holds collateral and does not directly invest in S&P 500 equities or receive dividends from the underlying ETF. For the current outcome period ending July 31, 2025, the gross cap stands at 15.98% and the gross buffer at 10.00%, both reduced by the 0.74% management fee to 15.24% and 9.26%, respectively, with caps resetting at the start of each new period based on prevailing market conditions such as volatility and interest rates. Issued by Allianz Investment Management LLC (AllianzIM), a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America, which operates as part of the Minneapolis hub in the global Allianz Group network spanning hubs in Milan, Munich, Paris, Singapore, and Stuttgart. AllianzIM U.S. Large Cap Buffer10 Aug ETF was launched on July 31, 2023, and trades on NYSE Arca; AllianzIM specializes in buffered outcome ETFs providing defined risk-managed exposure to U.S. large-cap equities for retail and institutional investors seeking lower volatility and downside protection without direct options trading. The fund targets investors interested in S&P 500 participation with capped upside and buffered losses, primarily in the U.S. market, and is non-diversified under the 1940 Act with high concentration in its FLEX Options holdings. Recent institutional interest includes Envestnet Asset Management Inc. acquiring a new stake of 7,872 shares valued at approximately $258,000 in Q2 2025, representing about 0.85% ownership, alongside OLD Mission Capital LLC increasing its position by 128.5% to 37,196 shares worth $1.126 million in Q1 2025; institutional ownership stands at 1.23%. The prospectus was supplemented on August 1, 2024, to update outcome period details, cap, and buffer levels for the period through July 31, 2025, reflecting ongoing resets without broader strategic shifts, acquisitions, or new product launches reported. Allianz Group, the ultimate parent headquartered in Munich, Germany, announced participation in a €3.5 billion consortium acquisition of Viridium Group on March 19, 2025, though this pertains to insurance run-off and not directly to AllianzIM's ETF operations.