Glenmede Secured Options Portfolio (GTSOX)
| Fund Assets | 370.08M |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 7.02% |
| Dividend Growth | -40.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 1, 2026 |
| Previous Close | 14.24 |
| YTD Return | 4.02% |
| 1-Year Return | 19.08% |
| 5-Year Return | 40.52% |
| 52-Week Low | 13.02 |
| 52-Week High | 14.70 |
| Beta (5Y) | 0.49 |
| Holdings | 14 |
| Inception Date | Jun 30, 2010 |
About GTSOX
Glenmede Secured Options Portfolio is a mutual fund that seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. The portfolio primarily employs an active options selection process on the S&P 500 Index, utilizing cash-secured put options or covered calls with strikes approximately plus or minus 2% of the index value and expirations ranging from one week to three months. It holds a basket of individual stocks or ETFs as collateral for covered calls and continuously writes options to generate premium income, resetting at least every expiration while managing positions actively between cycles. This approach aims to capture the Volatility Risk Premium, balance upside participation with a downside cushion, dampen volatility, and provide diversification to traditional asset allocations, all without external leverage as 100% of the notional value is secured. Managed by Glenmede Investment Management LP in Philadelphia, Pennsylvania, since 2010, the fund benchmarks against indices like the CBOE S&P 500 PutWrite Index and focuses on optimizing risk-return through proprietary quantitative models and put-call parity analysis within its defined parameters.
Performance
GTSOX had a total return of 19.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.37%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| GLSOX | - Institutional Shares | 0.66% |
Top 10 Holdings
114.96% of assets| Name | Symbol | Weight |
|---|---|---|
| S+p 500 Index Jun26 6000 Call | n/a | 55.74% |
| S+p 500 Index Jun26 7000 Put | n/a | 39.68% |
| United States Treasury Bills 0% | B.0 06.09.26 | 5.53% |
| Vanguard S&P 500 ETF | VOO | 4.82% |
| United States Treasury Bills 0% | B.0 04.09.26 | 4.43% |
| State Street® SPDR® S&P 500® ETF | n/a | 3.86% |
| Usd | n/a | 1.17% |
| Fixed Inc Clearing Corp.Repo | n/a | 0.04% |
| S+p 500 Index Apr26 6545 Put | n/a | -0.03% |
| S+p 500 Index Apr26 6650 Put | n/a | -0.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2026 | $0.0015 | Apr 6, 2026 |
| Dec 15, 2025 | $0.991 | Dec 16, 2025 |
| Oct 1, 2025 | $0.0076 | Oct 6, 2025 |
| Jul 2, 2025 | $0.0013 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0246 | Apr 7, 2025 |
| Dec 16, 2024 | $1.6417 | Dec 17, 2024 |