APRT AllianzIM U.S. Large Cap Buffer10 Apr ETF
What is APRT?
APRT aims for specific buffered losses and capped gains on the S&P 500 index over a specific holdings period. The actively-managed fund holds options and collateral.
APRT Factset Analytics Insight
APRT uses options in an effort to moderate losses on the S&P 500 over a one-year period starting each April (except for its initial year which starts in June). The fund foregoes some upside return as well as the S&P 500’s dividend component, because the options are written on the price (not total) return version of the index. In exchange for preventing realization of the first 10% of the S&P 500’s losses, investors forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio. The fund is actively managed, resets annually and uses listed options exclusively. Prior to October 31, 2022, the fund traded under the ticker, AZAA.
APRT Summary Data
APRT Portfolio Data
APRT Index Data
APRT Portfolio Management
APRT Tax Exposures
APRT Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of APRT. APRT is rated a N/A out of 5.
APRT Top 10 Holdings
APRT Performance Statistics
APRT Benchmark Comparison Summary
APRT Benchmark Comparison Market Cap Size