AllianzIM U.S. Equity Buffer10 Sep ETF
SEPT
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 5701 Golden Hills Drive Minneapolis MN United States of America 55416
- IPO Date
- Sep 1, 2023
- Website
- allianzim.com
- Similar Companies
- Business
- AllianzIM U.S. Large Cap Buffer10 Sep ETF (SEPT) is an actively managed exchange-traded fund that seeks to deliver specific buffered outcome investment results tied to the performance of the SPDR S&P 500 ETF Trust (SPY) over a defined one-year outcome period, providing exposure to U.S. large-cap equities up to a predetermined upside cap while offering a 10% downside buffer against the first 10% of losses in the underlying ETF if shares are held for the full period. The fund implements its strategy primarily through investments in FLEX Options referencing SPY, supplemented by cash equivalents and U.S. Treasuries as collateral; outcomes such as the cap rate and remaining buffer are periodically published on the issuer's website and apply only to shares purchased at the start of the outcome period, which for the current series runs from approximately September to the following August. As part of Allianz Investment Management LLC's (AllianzIM) broader suite of defined outcome ETFs, SEPT targets investors seeking risk-mitigated equity participation in the North American large-cap segment. AllianzIM, a registered investment adviser and wholly owned subsidiary of Allianz Life Insurance Company of North America, issues SEPT from its headquarters in Minneapolis, Minnesota; the parent Allianz Life traces its roots to Allianz SE, founded in 1890 in Munich, Germany. The firm operates within the global financial services industry, focusing on derivatives-based risk management solutions and buffered outcome strategies offered through ETFs listed on U.S. exchanges. In December 2025, AllianzIM announced a major operational change involving the transfer of primary listings for SEPT and approximately 30 related buffered ETFs from NYSE Arca to Cboe BZX Exchange, effective around December 22, 2025, alongside a standardized naming convention revision from "AllianzIM U.S. Large Cap Buffer10 Sep ETF" to "AllianzIM U.S. Buffer10 Sep ETF," while preserving investment objectives, strategies, and management teams. This follows earlier expansions, including the 2024 launch of four new 6-month Buffer10 ETFs and May-series buffered products, enhancing the firm's lineup of monthly, semi-annual, and allocation-based offerings with varying buffer levels (10% or 20%) against SPY performance. Launched on August 31, 2023, SEPT continues to trade amid assets under management of around $18-100 million, underscoring AllianzIM's commitment to innovative, hedged equity products amid market volatility.