Key stats
About AllianzIM U.S. Large Cap Buffer20 Jul ETF
Home page
Inception date
Jun 30, 2020
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Allianz Investment Management LLC
Distributor
Foreside Fund Services LLC
JULW uses options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (ticker: SPY) over a one-year period, starting in July. In exchange for preventing realization of the first 20% of losses, the fund foregoes some upside return as well as the dividend component of SPY, because the options are written on the price return version of the shares. Should shares of SPY decline greater than 20%, investors participate in the downside performance on a $1 for $1 basis. The upside cap resets annually based on SPY's closing price on the business day prior to the outcome period begins. Even if shares are held for the entire outcome period, the intended results may differ. The issuer publishes the interim levels for the cap and downside buffer daily on its website. The targeted cap and buffer do not include the fund's expense ratio. The fund is actively managed and uses FLEX options on SPY shares exclusively. Before October 31, 2022, the fund traded under the ticker AZBL.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.99%
Cash0.01%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JULW last dividends amounted to 0.21 USD. The year before, the issuer paid 0.38 USD in dividends, which shows a 82.96% decrease.
JULW assets under management is 325.27 M USD. It's risen 69.18% over the last month.
JULW fund flows account for 32.28 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
JULW shares are issued by Allianz SE under the brand Allianz. The ETF was launched on Jun 30, 2020, and its management style is Active.
JULW expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
JULW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JULW invests in cash.
JULW price has risen by 3.19% over the last month, and its yearly performance shows a 11.41% increase. See more dynamics on JULW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.39% over the last month, showed a 11.76% increase in three-month performance and has increased by 10.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.39% over the last month, showed a 11.76% increase in three-month performance and has increased by 10.87% in a year.
JULW trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.