AllianzIM U.S. Large Cap Buffer10 Oct ETF (OCTT) is an actively managed exchange-traded fund that seeks to provide investors with exposure to the price return of the S&P 500 Index up to a defined cap while offering a buffer against the first 10% of losses over a one-year outcome period from October 1 to September 30, before fees and expenses. The fund employs Flexible Exchange (FLEX) options referencing the SPDR S&P 500 ETF Trust (SPY), holds collateral such as cash and U.S. Treasuries, and is part of Allianz Investment Management LLC's (AllianzIM) broader suite of Buffered Outcome ETFs, which includes U.S. Large Cap Buffer10, Buffer20, 6-Month Buffer10 strategies, and allocation products targeting similar risk-managed equity exposure. Launched on September 30, 2020, and domiciled in the United States, the ETF operates within the U.S. equity market segment, serving retail and institutional investors seeking downside protection amid market volatility.
AllianzIM, the fund's investment adviser and a wholly owned subsidiary of Allianz Life Insurance Company of North America (headquartered in Minneapolis, Minnesota), specializes in derivatives-based risk management solutions leveraging proprietary hedging platforms. The ETF trades on the NYSE Arca exchange, with assets under management of approximately $49 million as of recent data.
In December 2025, AllianzIM announced that OCTT, along with 29 other Buffered ETFs, will undergo a name change to AllianzIM U.S. Equity Buffer10 Oct ETF and transfer its primary listing from NYSE Arca to Cboe BZX Exchange, effective on or about December 22, 2025; this operational shift maintains unchanged investment objectives, strategies, and management teams. Prior to October 31, 2022, the fund traded under the ticker AZAO. AllianzIM continues to expand its Buffered ETF lineup, building on milestones such as surpassing $1 billion in assets under management across the suite in 2022.