Glenmede Long/Short Equity Portfolio Institutional Shares (GTLSX)
| Fund Assets | 44.98M |
| Expense Ratio | 2.32% |
| Min. Investment | $10,000,000 |
| Turnover | 0.99% |
| Dividend (ttm) | 1.50 |
| Dividend Yield | 10.78% |
| Dividend Growth | -2.29% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 2, 2025 |
| Previous Close | 13.91 |
| YTD Return | 4.78% |
| 1-Year Return | 10.94% |
| 5-Year Return | 58.67% |
| 52-Week Low | 13.04 |
| 52-Week High | 14.87 |
| Beta (5Y) | n/a |
| Holdings | 169 |
| Inception Date | Sep 16, 2019 |
About GTLSX
Glenmede Long/Short Equity Portfolio Institutional Shares is an alternative mutual fund that focuses on a long/short equity investment strategy. Its primary purpose is to seek absolute return while aiming to protect principal, employing a disciplined and quantitative approach to equity selection. The fund typically maintains a net equity exposure of approximately 30%, balancing long and short positions across U.S. public companies. It utilizes proprietary, multi-factor stock selection models tailored for each sector, coupled with downside risk screens such as earnings surprise indicators and quality of earnings filters. The portfolio generally holds between 80 to 140 long positions and 60 to 120 short positions, investing at least 80% of its net assets in these strategies. This approach allows the fund to pursue performance that is less correlated with overall market direction, making it a distinctive risk-managed vehicle within the alternative investment landscape. Designed for institutional investors, the fund requires a substantial minimum investment and is managed relative to benchmarks like the Russell 3000 Index, reflecting its broad, diversified U.S. market exposure with an emphasis on absolute rather than relative returns.
Performance
GTLSX had a total return of 10.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.22%.
Top 10 Holdings
19.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp - FIXED INC CLEARING CORP.REPO | n/a | 2.21% |
| eBay Inc. | EBAY | 2.08% |
| Stride, Inc. | LRN | 2.06% |
| Adtalem Global Education Inc. | ATGE | 2.04% |
| MGIC Investment Corporation | MTG | 2.01% |
| Unum Group | UNM | 1.96% |
| Genpact Limited | G | 1.96% |
| Sanmina Corporation | SANM | 1.81% |
| Reliance, Inc. | RS | 1.81% |
| Amdocs Limited | DOX | 1.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 2, 2025 | $0.0687 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0815 | Apr 7, 2025 |
| Dec 16, 2024 | $1.2375 | Dec 17, 2024 |
| Oct 2, 2024 | $0.1114 | Oct 7, 2024 |
| Jul 3, 2024 | $0.0909 | Jul 8, 2024 |
| Apr 3, 2024 | $0.1556 | Apr 8, 2024 |