Glenmede Long/Short Equity Portfolio (GTAPX)
| Fund Assets | 43.01M |
| Expense Ratio | 2.55% |
| Min. Investment | $1,000 |
| Turnover | 109.00% |
| Dividend (ttm) | 2.10 |
| Dividend Yield | 15.71% |
| Dividend Growth | 42.37% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 1, 2026 |
| Previous Close | 13.40 |
| YTD Return | 5.50% |
| 1-Year Return | 14.09% |
| 5-Year Return | 53.58% |
| 52-Week Low | 12.86 |
| 52-Week High | 14.81 |
| Beta (5Y) | 0.23 |
| Holdings | 177 |
| Inception Date | Sep 29, 2006 |
About GTAPX
The Glenmede Long/Short Equity Portfolio is an actively managed mutual fund that employs a long/short equity strategy, aiming for an absolute return while maintaining reasonable risk to principal. Designed to capitalize on both upward and downward movements in equity markets, the portfolio typically maintains 80–140 long positions and 60–120 short positions, with individual security exposure capped at 2% for both long and short sides. Its investment universe spans U.S. companies across the market capitalization spectrum, generally within the range of the Russell 3000 Index, and covers a broad array of sectors including consumer discretionary, financials, industrials, health care, and technology. Notably, the fund utilizes proprietary quantitative models for stock selection and incorporates downside risk screens as part of its risk management approach. Managed to a net equity exposure of approximately 30%, the portfolio seeks to reduce market risk while exploiting security-specific opportunities. The Glenmede Long/Short Equity Portfolio is recognized for its relatively low concentration in its top holdings—around 18–19% compared to category averages above 50%—and for incorporating socially responsible investment considerations. Since its inception in 2006, it has positioned itself as a versatile alternative equity strategy for investors seeking diversification beyond traditional long-only equity funds.
Performance
GTAPX had a total return of 14.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GTLSX | Institutional Shares | 2.34% |
Top 10 Holdings
23.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp. - FIXED INC CLEARING CORP.REPO | n/a | 4.17% |
| State Street Global Advisors - State Street Navigator Securities Lending Government Money Market Portfolio | n/a | 2.63% |
| Sanmina Corporation | SANM | 2.36% |
| WESCO International, Inc. | WCC | 2.23% |
| Baker Hughes Company | BKR | 2.11% |
| eBay Inc. | EBAY | 2.08% |
| Applied Materials, Inc. | AMAT | 1.97% |
| Amphenol Corporation | APH | 1.94% |
| Rush Enterprises, Inc. | RUSHA | 1.94% |
| Lam Research Corporation | LRCX | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2026 | $0.0382 | Jul 6, 2026 |
| Apr 1, 2026 | $0.059 | Apr 6, 2026 |
| Dec 15, 2025 | $1.9583 | Dec 16, 2025 |
| Oct 1, 2025 | $0.0493 | Oct 6, 2025 |
| Jul 2, 2025 | $0.0619 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0747 | Apr 7, 2025 |