Glenmede Global Secured Options Portfolio (NOVIX)
| Fund Assets | 17.38M |
| Expense Ratio | 1.14% |
| Min. Investment | $1,000 |
| Turnover | 117.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 5.06% |
| Dividend Growth | -73.29% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 5.69 |
| YTD Return | 4.60% |
| 1-Year Return | 23.36% |
| 5-Year Return | 67.98% |
| 52-Week Low | 4.03 |
| 52-Week High | 5.73 |
| Beta (5Y) | 0.58 |
| Holdings | 16 |
| Inception Date | Sep 28, 2012 |
About NOVIX
Glenmede Fund, Inc: Global Secured Options Portfolio Advisor Shares is a mutual fund designed to provide underlying exposure to international developed market equities while strategically managing risk through options strategies. The fund primarily employs covered call and cash-secured put writing on global equities, stock index ETFs, and indices, aiming to generate option premium income and temper portfolio volatility. Notably, the portfolio is structured to ensure at least 80% of its net assets are involved in secured option strategies, with a minimum allocation of 40% to assets outside the United States, enhancing global diversification. This approach facilitates a balance between capturing upside potential and providing downside risk management, appealing to investors seeking more stable returns and reduced portfolio drawdowns. Managed by experienced professionals utilizing proprietary quantitative models, the fund actively compares various strike and expiration combinations to optimize risk-return trade-offs. Its benchmark is the MSCI All Country World Index, highlighting its global equity focus. Through this innovative use of options, the fund aims to smooth returns over time and serve as a diversifying component in a broader asset allocation strategy.
Performance
NOVIX had a total return of 23.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 42.10%.
Top 10 Holdings
139.95% of assets| Name | Symbol | Weight |
|---|---|---|
| S+p 500 Index Mar26 4000 Call | n/a | 52.00% |
| S+p 500 Index Mar26 6000 Call | n/a | 33.23% |
| iShares MSCI Emerging Markets ETF | EEM | 21.25% |
| Vanguard FTSE All-World ex-US Index Fund | VEU | 17.75% |
| S+p 500 Index Mar26 7000 Put | n/a | 7.85% |
| Usd | n/a | 4.72% |
| United States Treasury Bills 0% | B.0 02.10.26 | 3.00% |
| S+p 500 Index Mar26 5000 Put | n/a | 0.15% |
| Fixed Inc Clearing Corp.Repo | n/a | 0.06% |
| S+p 500 Index Mar26 4000 Put | n/a | -0.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.0178 | Dec 31, 2025 |
| Dec 15, 2025 | $0.2577 | Dec 16, 2025 |
| Jul 2, 2025 | $0.0058 | Jul 7, 2025 |
| Apr 2, 2025 | $0.0068 | Apr 7, 2025 |
| Dec 16, 2024 | $1.0553 | Dec 17, 2024 |
| Jul 3, 2024 | $0.0142 | Jul 8, 2024 |