GQI: Natixis Gateway Quality Income ETF
Natixis Gateway Quality Income ETF (GQI)
What this ETF is trying to do
The Natixis Gateway Quality Income ETF, known by its ticker symbol GQI, is an exchange-traded fund (ETF) listed on the NYSE. While the specific strategy isn't detailed in the data, it holds a variety of different companies. Based on its top holdings, it includes large technology and consumer companies like NVIDIA Corp, Apple Inc, and Alphabet Inc.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This measures only the change in the share price. For GQI, the year-to-date (YTD) price return is approximately 6.33%. Over the last year, the price return was approximately 9.13%.
• Total Return: This includes both the price change and any cash distributions paid out to investors. GQI's YTD total return is approximately 13.29%, and its one-year total return is approximately 19.48%.
To give you an idea of price movement, the current price is $60.68. The estimated price from roughly one year ago was approximately $55.60.
Income and distribution explanation
This ETF is designed to provide regular cash payments, known as distributions. The distribution yield is approximately 8.62%. This number describes the cash payments relative to the current ETF price.
GQI usually pays distributions on a monthly basis. Over the last 12 months, there were 12 payouts. It is important to remember that a high distribution yield does not guarantee the same level of total return, and distributions are separate from the share price movement.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases over time. Some investors worry that high payouts might cause this. However, for GQI, the erosion-risk score is 100, which is labeled as "No price erosion detected." Additionally, the severe erosion-risk flag is not active.
Pros
• Strong Total Returns: The total return figures are higher than the price return figures, showing that distributions have added value.
• Regular Income: The fund provides frequent (usually monthly) cash distributions.
• Diversification: The fund holds 116 different assets, including major companies like Microsoft Corp and Amazon.com Inc.
Cons
• Partial Data: The list of top holdings provided is only a partial list, meaning there are many other companies in the fund not shown here.
• Complexity: Investors must distinguish between price returns and total returns to understand how much money they are actually making.
Beginner takeaway
GQI is an ETF that focuses on providing regular income through monthly distributions. When studying this fund, remember that the "price return" only tells you how the share price moved, while the "total return" shows a more complete picture by including those cash payments. Currently, the data shows no signs of price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 7.48% |
| 2 | APPLE INC | AAPL | 7.24% |
| 3 | ALPHABET INC CLASS A | GOOGL | 5.84% |
| 4 | MICROSOFT CORP | MSFT | 3.66% |
| 5 | AMAZON.COM INC | AMZN | 3.28% |
| 6 | BNP PARIBAS ISSUANCE B.V. SPX 08/04/26 | n/a | 2.59% |
| 7 | ROYAL BANK OF CANADA 0% | n/a | 2.57% |
| 8 | MASTERCARD INC CLASS A | MA | 2.53% |
| 9 | META PLATFORMS INC CLASS A | META | 2.42% |
| 10 | GS FIN PFD 0% | n/a | 2.34% |