Alternative

Call Option Overlay SMA

BXM minus S&P 500 Index
Benchmark name
9/30/2007
Inception date
Systematic Edge – Options Team
Team
$297.7M
Strategy assets
Data as of 3/31/2023
SMA overview
Creating outcome-oriented solutions
The Call Option Overlay SMA aims to reduce volatility, trade off uncertain equity market gains in exchange for consistent option premiums, and manage risk relative to the underlying equity portfolio.

Outcome-oriented solutions are created through an active, flexible approach that leverages liquid instruments in a transparent way.

Key differentiators

  • Helps clients enhance income and return or protect against downside risk through flexible strategies
  • Employs a systematic approach but includes an active management layer not often found in options-based strategies
  • Leverages deep experience in managing options-based strategies, dating back to the 1970s

General facts

Dividend yield

%

Quick resources

Performance

Average annual returns

Average annual returns

(as of 12/31/2022)
9/30/2007
1M
3M
YTD
1Y
3Y
5Y
10Y
Inception
Composite (Pure Gross)
0.53
-0.94
1.52
1.52
-2.94
-3.56
-4.06
-2.83
Composite (Net)
0.28
-1.68
-1.48
-1.48
-5.82
-6.42
-6.90
-5.71

One-month, three-month and year-to-date returns are not annualized.

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.

Calendar year

Calendar year

(as of 12/31/2022)
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Fund
1.52
-1.24
-8.81
-8.97
0.22
-5.43
-1.74
3.42
-7.30
-11.05
Benchmark
5.71
-7.00
-19.09
-
-
-
-
-
-
-

Performance is historical and does not guarantee future results. For more information, please refer to the GIPS composite report found in the documents section.


Performance and volatility metrics

Performance and volatility metrics

Data is unavailable at this time, please check back later.

Composition

Portfolio statistics

Portfolio statistics

Data is unavailable at this time, please check back later.
Top 10 holdings

Top 10 holdings

Data is unavailable at this time, please check back later.
Sector allocation

Sector allocation

Data is unavailable at this time, please check back later.

Documents

Literature Date
Fact Sheet 3/31/2024 Download
GIPS Report 3/31/2024 Download
Our team
Meet the investment team

The team leverages an active approach to options-based strategies, assessing relative-value opportunities to help enhance client returns.

Contact Us

We look forward to helping you with your investment needs

 

Stock values fluctuate in response to the activities of individual companies and general market and economic conditions. The use of derivatives, such as futures, options and swap agreements, can lead to losses, including those magnified by leverage, particularly when derivatives are used to enhance return rather than mitigate risk. Certain derivative instruments may be difficult to sell when the portfolio manager believes it would be appropriate to do so, or the other party to a derivative contract may be unwilling or unable to fulfill its contractual obligations.

Allspring Managed Account Services (the firm) is a unit within Allspring Global Investments and is responsible for the management and administration of the Allspring Funds Management, LLC, retail separately managed account portfolios (wrap portfolios). Allspring Funds Management acts as a discretionary manager for separately managed accounts ("SMA") and as a non-discretionary model provider in a variety of managed account or wrap fee programs (“MA Programs”) sponsored by third party investment advisers, broker-dealers, or other financial services firms (a “Sponsor”). When acting as non-discretionary model provider, Allspring Funds Management responsibility is limited to providing non-discretionary investment recommendations (in the form of model portfolios) to the Sponsor. The Sponsor may use these recommendations in connection with its management of MA Program accounts. In these “model-based” programs, the Sponsor serves as the investment manager and maintains trade implementation responsibility.