Key stats
About AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF
Home page
Inception date
Jan 31, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
ISIN
US00888H4974
FEBU seeks to provide unlimited upside potential, subject to a spread, while preventing the realization of the first 15% of SPDR S&P 500 ETF Trust (SPY) losses. In exchange for this downside protection, investors foregoe some upside returns, that is, the spread. The fund also foregoes the S&P 500s dividend component because the options are written on the price (not total) return version of the index. To participate in any positive returns, the fund must exceed the spread, as measured based on market conditions at the end of the outcome period starting each February. Investors who buy at any other time than the annual reset day may have a different protection and buffer zone. Even if shares are held for the entire outcome period, the outcome may differ from the intended results. The targeted buffers and caps do not include the funds expense ratio. The fund is actively managed, resets annually, and uses FLEX options exclusively.
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 & Warrants100.03%
Cash−0.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FEBU assets under management is 48.52 M USD. It's fallen 4.60% over the last month.
FEBU fund flows account for 40.20 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.
No, FEBU doesn't pay dividends to its holders.
FEBU shares are issued by Allianz SE under the brand Allianz. The ETF was launched on Jan 31, 2025, and its management style is Active.
FEBU expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
FEBU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEBU trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.