Key stats
About AllianzIM Buffer15 Uncapped Allocation ETF
Home page
Inception date
Mar 5, 2025
Structure
Open-Ended Fund
Replication method
Physical
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
US00888H4552
SPBU is a laddered basket of twelve buffer funds, designed to provide capital appreciation with downside risk mitigation. This actively managed fund invests in a portfolio of underlying ETFs that seek to track the SPDR S&P 500 ETF Trust (SPY) while mitigating timing risks associated with a buffered strategy. Each underlying ETF is designed to provide returns tracking SPY with downside protection against the first 15% of losses and upside potential above a specified spread over one-year Outcome Periods. With a monthly reset of one ETF's Spread and Buffer, SPBU creates a continuous hedge that diversifies investment timing and exposure compared to buying or selling a single ETF. The fund focuses on an equal allocation across its holdings. Information on the fund's exposure to the underlying ETFs and respective positions relative to their Spread and Buffer is updated daily on the issuer's website. Unlike the underlying ETFs, SPBU does not pursue a buffered strategy.
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
ETF
Bonds, Cash & Other100.00%
ETF99.98%
Cash0.02%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPBU top holdings are AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF and AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF, occupying 8.38% and 8.36% of the portfolio correspondingly.
SPBU assets under management is 87.51 M USD. It's risen 20.13% over the last month.
SPBU fund flows account for 67.36 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, SPBU doesn't pay dividends to its holders.
SPBU shares are issued by Allianz SE under the brand Allianz. The ETF was launched on Mar 5, 2025, and its management style is Active.
SPBU expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
SPBU follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPBU invests in funds.
SPBU trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.