AllianzIM U.S. Large Cap Buffer10 Apr ETF
AZAA
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 5701 Golden Hills Drive Minneapolis MN United States of America 55416
- IPO Date
- May 28, 2020
- CIK
- 0001797318
- Similar Companies
- Business
- AllianzIM U.S. Large Cap Buffer10 Apr ETF (AZAA) is an actively managed exchange-traded fund that seeks to provide specific buffered losses of the first 10% and capped gains based on the price return of the S&P 500 Index over a defined outcome period, typically one year, before fees and expenses; the fund achieves these outcomes by investing primarily in FLEX options and holding short-term U.S. Treasury collateral, with resets at the end of each outcome period reflecting new stated caps based on prevailing market conditions. Issued and managed by Allianz Investment Management LLC (AllianzIM), a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America, the ETF targets investors seeking equity exposure with downside risk mitigation and is part of AllianzIM's broader Buffered Outcome ETF suite, which includes similar U.S. large cap buffer products offering 10% or 20% buffers on annual or six-month cycles, as well as allocation strategies blending buffered outcomes with fixed income. AllianzIM, headquartered in Minneapolis, Minnesota as part of the Allianz Group network with hubs across Milan, Munich, Paris, Singapore, and Stuttgart, specializes in risk management strategies leveraging in-house hedging capabilities for over $145 billion in assets. In December 2025, AllianzIM announced a major operational change involving the transfer of primary exchange listings for AZAA and approximately 30 other Buffered Outcome ETFs from NYSE Arca to Cboe BZX Exchange, effective on or about December 22, 2025, alongside a standardized naming convention shift from month-specific descriptors (e.g., "Buffer10 Apr ETF") to generic "U.S. Large Cap Buffer10 ETF" designations while retaining existing tickers and unchanged investment objectives, strategies, and management teams. This restructuring aims to streamline operations amid ongoing expansions of the Buffered ETF lineup, including prior launches such as the February series in early 2024 and July series buffered outcome ETFs, reflecting AllianzIM's focus on enhancing risk-managed solutions for financial professionals navigating market volatility. The ETF, launched in May 2020 under the AIM ETF Products Trust, operates in the U.S. developed markets segment with assets under management of approximately $18 million, distributed by Foreside Fund Services, LLC.