# Glenmede Long/Short Portfolio (GTAPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/gtapx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Actively Managed · Inception: 2006-10-02 This fund's primary objective is to generate positive returns irrespective of market conditions, while diligently managing the potential for capital loss. It typically allocates a minimum of 80% of its total assets, which may include borrowed funds, to a strategy involving both purchasing (long) and short-selling common stocks and other equity instruments. These investments are focused on publicly traded companies that have significant economic ties to the United States. Furthermore, the fund targets companies whose market valuation, at the time of acquisition, falls within the spectrum of... ## Key Facts | Metric | Value | |---|---| | Price | $14.62 | | Expense Ratio | 2.55% | | Assets Under Management | $50.6M | | NAV | $14.62 | | Holdings Count | — | | Distribution Yield (TTM) | 14.39% | | Annual Distribution (TTM) | $2.10 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $12.86 – $14.81 | | Beta | 0.15 | ## Latest Distribution - Amount: $0.0478 /share - Ex-date: 2026-10-07 - Pay date: 2026-10-12 ## Frequently Asked Questions ### What does GTAPX invest in? This fund's primary objective is to generate positive returns irrespective of market conditions, while diligently managing the potential for capital loss. It typically allocates a minimum of 80% of its total assets, which may include borrowed funds, to a strategy involving both purchasing (long) and short-selling common stocks and other equity instruments. These investments are focused on publicly traded companies that have significant economic ties to the United States. Furthermore, the fund targets companies whose market valuation, at the time of acquisition, falls within the spectrum of market capitalizations represented by any company in the Russell 3000® Index. ### What is the expense ratio of GTAPX? Glenmede Long/Short Portfolio (GTAPX) charges an expense ratio of 2.55%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is GTAPX? Glenmede Long/Short Portfolio (GTAPX) manages $50.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is GTAPX actively managed or an index fund? GTAPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (GTAPX's is 2.55%) in exchange for the discretion to over- or under-weight positions. ### When was GTAPX launched? Glenmede Long/Short Portfolio (GTAPX) launched in October 2006 and is managed by the fund issuer. ### How has GTAPX performed? GTAPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does GTAPX pay a dividend? Glenmede Long/Short Portfolio (GTAPX) currently distributes little or no income. Trailing-twelve-month yield is 14.39%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does GTAPX pay dividends? Glenmede Long/Short Portfolio pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is GTAPX's dividend yield? GTAPX's trailing-twelve-month yield is 14.39%, calculated from the sum of dividends over the past year divided by the current price. ### When is GTAPX's next ex-dividend date? The most recently announced ex-dividend date for GTAPX was 2026-10-07. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will GTAPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GTAPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from GTAPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GTAPX cost more than a fund like VOO? GTAPX is actively managed (current expense ratio 2.55%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether GTAPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to GTAPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as GTAPX (2.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/gtapx - Distribution history: https://www.dividenddata.com/funds/gtapx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/gtapx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/gtapx/expenses - Peer comparison: https://www.dividenddata.com/funds/gtapx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.