AllianzIM U.S. Large Cap Buffer20 Oct ETF
AZBO
New York Stock Exchange Arca- -
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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Sep 30, 2020
- CIK
- 0001797318
- Similar Companies
- Business
- Allianz Investment Management LLC (AllianzIM) serves as a registered investment adviser specializing in buffered outcome exchange-traded funds (ETFs) that provide investors with exposure to U.S. large cap equity returns, such as those of the S&P 500 Price Return Index, up to a predefined cap while offering a buffer against a portion of losses over specific outcome periods; its core products include the U.S. Large Cap Buffer20 Oct ETF (AZBO), which targets a 20% buffer on S&P 500 losses and participation in upside gains up to a cap for annual outcome periods typically resetting each October, alongside complementary offerings like U.S. Large Cap Buffer10 series (e.g., AZAO), 6 Month Buffer10 ETFs, Buffer15 Uncapped strategies such as DECU, Floor5 family products, and semiannual or shorter-term variants like OCTW, JANW, NVBT, NVBW, and SIXO, all employing options-based strategies including FLEX options for defined risk management. Headquartered in Minneapolis, Minnesota as a wholly owned subsidiary of Allianz Life Insurance Company of North America—which traces its roots to 1896 and is part of the Allianz SE group founded in 1890 in Munich, Germany—AllianzIM manages approximately $17.6 billion in assets under management through its innovative hedging platform, targeting financial advisors, institutional investors, and retail clients seeking volatility mitigation in equity portfolios across the United States. In recent developments, AllianzIM announced in late 2024 the transfer of listings for multiple Buffered Outcome ETFs, including AZBO, from NYSE Arca to the Cboe BZX Exchange effective December 22, 2025, alongside updates to naming conventions for its U.S. Large Cap Buffer10 and Buffer20 ETF series to enhance clarity and market accessibility. The firm expanded its product lineup in 2024 with launches such as four new 6 Month Buffer10 ETFs in May, the U.S. Equity Buffer15 Uncapped Dec ETF (DECU) in late November, and a partnership with Halo Investing announced in November 2024 to develop a technology platform for advisors managing Buffered Outcome ETFs, facilitating broader distribution and analytics tools. Earlier in the year, AllianzIM completed a 6-month Buffer ETF series reset in June and debuted additional buffered products in April and May, reflecting ongoing strategic growth in defined outcome strategies amid market volatility, while its overall ETF suite surpassed $1 billion in assets by 2023.