Gateway Fund (GATEX)

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The chart shows the growth of an initial investment of $10,000 in Gateway Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Gateway Fund (GATEX) has returned -4.72% so far this year and 7.97% over the past 12 months. Over the last ten years, GATEX has returned 5.95% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1980, GATEX's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, your investment would double in approximately 12.9 years.

Historically, 70% of months were positive and 30% were negative. The best month was Oct 2002 with a return of +7.9%, while the worst month was Oct 1987 at -16.7%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GATEX closed higher 48% of trading days. The best single day was Oct 21, 1987 with a return of +9.1%, while the worst single day was Oct 19, 1987 at -24.3%.

Gateway Fund has an annualized alpha of 0.94%, beta of 0.45, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

• This fund participated in 47.46% of S&P 500 Index downside but only 42.59% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.45 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

GATEX has a high expense ratio of 0.93%, indicating above-average management fees.

GATEX ranks 24 for risk / return — below 24% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Gateway Fund (GATEX) and compare them to a chosen benchmark (S&P 500 Index).

Gateway Fund provided a 0.20% dividend yield over the last twelve months, with an annual payout of $0.10 per share.

The table displays the monthly dividend distributions for Gateway Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Gateway Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Gateway Fund was 29.74%, occurring on Oct 19, 1987. Recovery took 316 trading sessions.

The current Gateway Fund drawdown is 6.01%.

The chart below shows the rolling one-month volatility.