Glenmede Secured Options Portfolio Institutional Class (GLSOX)
| Fund Assets | 420.16M |
| Expense Ratio | 0.66% |
| Min. Investment | $10,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.05 |
| Dividend Yield | 7.41% |
| Dividend Growth | -38.39% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 14.17 |
| YTD Return | 1.36% |
| 1-Year Return | 7.55% |
| 5-Year Return | 45.28% |
| 52-Week Low | 11.36 |
| 52-Week High | 14.27 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Nov 9, 2016 |
About GLSOX
The Glenmede Secured Options Portfolio Institutional Class is an options-focused mutual fund designed to seek long-term capital appreciation alongside generating option premiums, all while maintaining a measured approach to risk. This fund primarily pursues its objective by investing in a diversified portfolio of equity securities and implementing systematic option writing strategies—most notably, selling cash-secured put options and covered calls on the S&P 500 Index. The approach aims to capitalize on the volatility risk premium inherent in equity options, providing a balance between harnessing premium income and mitigating portfolio volatility. A distinguishing feature of the fund is its emphasis on portfolio stability: it employs no external leverage, ensuring that all option positions are fully secured by cash or equivalent assets. Substantial allocations to U.S. Treasury Bills and holdings in exchange-traded funds tied to the S&P 500 Index further anchor its risk profile. Favoring institutional investors, the fund’s minimum initial investment is notably high, reflecting its specialized, risk-focused nature. This portfolio serves as a strategic diversifier for investors seeking exposure to option strategies and volatility management as part of a broader asset allocation, especially within the context of alternative investment approaches in modern portfolio construction.
Performance
GLSOX had a total return of 7.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.21%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GTSOX | - Advisor Shares | 0.86% |
Top 10 Holdings
121.60% of assets| Name | Symbol | Weight |
|---|---|---|
| S+p 500 Index Mar26 6000 Call | n/a | 67.71% |
| S+p 500 Index Mar26 4000 Call | n/a | 16.13% |
| S+p 500 Index Mar26 7000 Put | n/a | 15.99% |
| United States Treasury Bills 0% | B.0 04.09.26 | 9.60% |
| Vanguard S&P 500 ETF | VOO | 4.80% |
| SPDR® S&P 500® ETF | n/a | 3.84% |
| United States Treasury Bills 0% | B.0 02.10.26 | 2.03% |
| Usd | n/a | 1.14% |
| Fixed Inc Clearing Corp.Repo | n/a | 0.30% |
| S+p 500 Index Mar26 5000 Put | n/a | 0.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $0.9968 | Dec 16, 2025 |
| Oct 1, 2025 | $0.0149 | Oct 6, 2025 |
| Jul 2, 2025 | $0.0083 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0315 | Apr 7, 2025 |
| Dec 16, 2024 | $1.6417 | Dec 17, 2024 |
| Oct 2, 2024 | $0.0191 | Oct 7, 2024 |