# AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flao for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AllianzIM · Asset class: Equity - Strategy: Actively Managed · Inception: 2024-03-28 This ETF aims to mirror the share price performance of the SPDR S&P 500 ETF Trust for each six-month investment cycle. It seeks to provide returns up to a predefined upside limit, while simultaneously offering a protective floor that caps potential losses at 5%. Please note that both the maximum gain and the loss protection are calculated before the deduction of any fund fees and operational expenses. ## Key Facts | Metric | Value | |---|---| | Price | $28.92 | | Expense Ratio | 0.74% | | Assets Under Management | $8.6M | | NAV | $28.83 | | Holdings Count | 4 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $26.58 – $29.04 | | Beta | 0.48 | ## Frequently Asked Questions ### What does FLAO invest in? This ETF aims to mirror the share price performance of the SPDR S&P 500 ETF Trust for each six-month investment cycle. It seeks to provide returns up to a predefined upside limit, while simultaneously offering a protective floor that caps potential losses at 5%. Please note that both the maximum gain and the loss protection are calculated before the deduction of any fund fees and operational expenses. ### What is the expense ratio of FLAO? AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FLAO? AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) manages $8.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FLAO actively managed or an index fund? FLAO is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FLAO's is 0.74%) in exchange for the discretion to over- or under-weight positions. ### When was FLAO launched? AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) launched in March 2024 and is managed by AllianzIM. ### How has FLAO performed? FLAO's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FLAO pay a dividend? AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF (FLAO) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLAO pay dividends? AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FLAO's dividend yield? FLAO's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FLAO's next ex-dividend date? FLAO hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will FLAO's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.74% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FLAO charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLAO's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FLAO cost more than a fund like VOO? FLAO is actively managed (current expense ratio 0.74%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FLAO's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FLAO? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FLAO (0.74%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flao - Distribution history: https://www.dividenddata.com/funds/flao/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flao/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flao/expenses - Peer comparison: https://www.dividenddata.com/funds/flao/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.