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.
What is AllianzIM Buffer15 Uncapped Allocation stock price today?▼
The current price of SPBU is $30.19 USD — it has decreased by -1.53% in the past 24 hours. Watch AllianzIM Buffer15 Uncapped Allocation stock price performance more closely on the chart.
What is AllianzIM Buffer15 Uncapped Allocation stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on BATS exchange AllianzIM Buffer15 Uncapped Allocation stocks are traded under the ticker SPBU.
Is AllianzIM Buffer15 Uncapped Allocation stock price growing?▼
SPBU stock has fallen by -1.02% compared to the previous week, the month change is a -1.92% fall, over the last year AllianzIM Buffer15 Uncapped Allocation has showed a +6.53% increase.
In which sector is AllianzIM Buffer15 Uncapped Allocation located?▼
AllianzIM Buffer15 Uncapped Allocation operates in the Other sector.
When did AllianzIM Buffer15 Uncapped Allocation complete a stock split?▼
AllianzIM Buffer15 Uncapped Allocation has not had any recent stock splits.