Gateway Equity Call Premium A
GCPAX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Gateway Equity Call Premium Fund Class A (GCPAX) is an open-end mutual fund that seeks total return with less risk than U.S. equity markets through a diversified equity portfolio designed to track the S&P 500 Index combined with an actively managed overlay of written S&P 500 Index call options. The fund ordinarily invests at least 80% of its net assets in a broadly diversified portfolio of large-cap U.S. equities, primarily those mirroring S&P 500 constituents such as NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Meta Platforms Inc.; it simultaneously sells (writes) one-month, slightly out-of-the-money S&P 500 Index call options with an aggregate notional value approximating 100% of the equity portfolio's value to generate premium income, reduce volatility, and mitigate downside risk. Available to U.S. investors with a minimum initial investment of $2,500, the Class A shares carry a 0.93% net expense ratio and a 5.75% front-end load; the fund is part of the Natixis Funds family, advised and subadvised by Cincinnati, Ohio-based Gateway Investment Advisers, LLC, an affiliate of Natixis Investment Managers founded in 1977. Gateway Investment Advisers, with approximately $9.4 billion in assets under management as of mid-2025, specializes in quantitatively driven equity strategies and options-based investing for institutional clients, pension plans, insurance companies, and high-net-worth individuals; it operates primarily in the United States, with recent expansion including a new Los Angeles office. In August 2025, Gateway closed its acquisition of the business of Belmont Capital Group, a Los Angeles-based provider of customized options-based separately managed account (SMA) strategies focused on single-stock risk management and hedging for high-net-worth individuals with concentrated positions; this deal, announced in July 2025, enhances Gateway's SMA capabilities, integrates Belmont's over $1 billion in assets, and adds options overlays to Natixis IM's AIA direct-indexing platform for improved tax management. The Gateway Equity Call Premium Fund, launched on September 30, 2014, marked its 10-year anniversary in 2024 with a noted expense reduction for certain share classes in prior years and continued outperformance relative to the Cboe S&P 500 BuyWrite Index (BXM) across multiple periods. The fund maintains total net assets of approximately $284 million, with Class A shares comprising $3.44 million, and is managed by a team including Kenneth Toft, Michael Buckius, Daniel Ashcraft, and Mitchell Trotta.