AZL Gateway Fund
Data updated: 2023-03-16
C000087884 — AZL Gateway Fund. Money Market · $110.67M AUM · 1.12% expense ratio · -12.3% 1-yr return. Holdings, fees, performance and SEC filings.
C000087884 Fund Overview
AZL Gateway Fund is a US mutual fund managed by Allianz Variable Insurance Products Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Allianz Variable Insurance Products Trust
- Category: Money Market
- Assets under management: $110.67M
- 1-year return: -12.3%
- SEC CIK: 0001091439
- SEC series ID: S000028739
- Share class ID: C000087884
C000087884 Investment Objective and Strategy
AZL Gateway Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Allianz Variable Insurance Products Trust.
Investment objective
The Fund seeks to capture the majority of the returns associated with equity market investments, while exposing investors to less risk than other equity investments.
Principal investment strategy
Under normal circumstances, the Fund invests in a broadly diversified portfolio of common stocks, while also selling index call options. The Fund also buys index put options, which can protect the Fund from a significant market decline that may occur over a short period of time. The combination of the diversified stock portfolio, the cash flow from the sale of index call options and the downside protection from index put options is intended to provide the Fund with the majority of the returns associated with equity market investments while exposing investors to less risk than other equity investments. The Fund may invest in companies with small, medium or large market capitalizations. Equity securities purchased by the Fund may include U.S.-exchange-listed common stocks, American Depositary Receipts (ADRs), and interests in real estate investment trusts (REITs).
From time to time, the Fund may reduce its holdings of put options, resulting in an increased exposure to a market decline. The Fund may invest in foreign securities traded in U.S. markets (through ADRs or stocks traded in U.S. dollars). The Fund may also invest in other investment companies, including money market funds, to the extent permitted by the Investment Company Act of 1940. The Fund may enter into repurchase agreements and/or hold cash and cash equivalents. The Fund may purchase U.S. government securities, certificates of deposit, commercial paper, bankers' acceptance, and/or repurchase agreements or hold cash (U.S. Dollars, foreign currencies or multinational currency units) for temporary defensive purposes in response to adverse market, economic or political conditions, or, under normal circumstances, for purposes of liquidity.
These investments may prevent the Fund from achieving its investment objective. The Fund not only strives for the majority of the returns associated with equity market investments, but also returns in excess of those available from other investments comparable in volatility. With its core investment in equities, the Fund is significantly less vulnerable to fluctuations in value caused by interest rate volatility, a risk factor present in both fixed income and hybrid investments, although the Fund expects to generally have lower long-term returns than a portfolio consisting solely of equity securities. The Fund intends that its index option-based risk management strategy will limit the volatility inherent in equities while sacrificing less of the higher equity returns than hybrid investments.
C000087884 Performance
Total returns for C000087884 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.3% |
| 3 years (annualised) | 1.5% |
C000087884 Risk Information
Risk metrics for C000087884, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
C000087884 Costs and Fees
C000087884 costs about $112 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.12%
- Gross expense ratio: 1.12%
- Portfolio turnover: 11%
- Brokerage commissions: 2.88 bps of average net assets (SEC N-CEN)
C000087884 Cashflows
Over the 12 months to 2022-12, AZL Gateway Fund had net inflows of $24.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-12 | $805.32K |
| 2022-11 | $715.28K |
| 2022-10 | $2.84M |
| 2022-09 | $1.95M |
| 2022-08 | $3.29M |
| 2022-07 | $1.85M |
C000087884 Debt Constituents
No individual debt constituents are reported in AZL Gateway Fund's latest SEC N-PORT filing.
C000087884 Prospectus and SEC Filings
Official AZL Gateway Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus (485BPOS) — filed 2020-05-11
- Portfolio holdings (N-PORT) — filed 2023-02-27
- Portfolio holdings (N-PORT) — filed 2022-11-29
- Portfolio holdings (N-PORT) — filed 2022-08-26
- Annual census (N-CEN) — filed 2023-03-16
- Annual census (N-CEN) — filed 2022-03-16
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.