Glenmede Global Secured Options (NOVIX)

Fund Assets	27.90M
Expense Ratio	1.00%
Min. Investment	$1,000
Turnover	117.00%
Dividend (ttm)	0.03
Dividend Yield	0.48%
Dividend Growth	126.12%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 1, 2026

Previous Close	6.32
YTD Return	16.43%
1-Year Return	22.81%
5-Year Return	66.36%
52-Week Low	5.35
52-Week High	6.42
Beta (5Y)	0.59
Holdings	13
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.

• Fund Family: Glenmede
• Category: Options Trading
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NOVIX
• Share Class: - Advisor Shares
• Index: MSCI AC World NR USD

Performance

NOVIX had a total return of 22.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 26.25%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NOVLX	- Institutional Shares	0.82%

Top 10 Holdings

131.15% of assets

Name	Symbol	Weight
Options Clearing Corp. - S+P 500 INDEX	n/a	83.69%
Vanguard FTSE All-World ex-US Index Fund	VEU	18.22%
iShares MSCI Emerging Markets ETF	EEM	11.37%
United States Treasury - U.S. Treasury Bills	B.0 10.06.26	8.16%
iShares Core MSCI Emerging Markets ETF	IEMG	3.98%
Goldman Sachs Asset Management - Goldman Sachs Financial Square Treasury Obligations Fund	FGAXX	3.45%
Options Clearing Corp. - S+P 500 INDEX	n/a	2.27%
Fixed Income Clearing Corp. - FIXED INC CLEARING CORP.REPO	n/a	0.13%
Options Clearing Corp. - RUSSELL 2000 INDEX	n/a	-0.04%
Options Clearing Corp. - S+P 500 INDEX	n/a	-0.08%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 1, 2026	$0.0041	Jul 6, 2026
Apr 1, 2026	$0.0084	Apr 6, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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