Frequently Asked Questions About GTSOX

What does GTSOX invest in?

Under typical market conditions, the Portfolio is structured to dedicate at least 80% of its entire asset base—including capital acquired through borrowing for investment—to various secured options strategies. These strategies specifically encompass writing covered call options and/or secured put options. The underlying instruments for these options are stock index exchange-traded funds (ETFs), stock market indices, or individual shares that the Portfolio holds.

What is the expense ratio of GTSOX?

Glenmede Secured Options Portfolio (GTSOX) charges an expense ratio of 0.86%. This is the annual fee deducted from fund assets to cover management and operations.

What is GTSOX's distribution yield?

GTSOX's trailing-twelve-month yield is 14.44%, calculated from the sum of distributions over the past year divided by the current price.

How does GTSOX's covered-call strategy work?

GTSOX sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is GTSOX?

Glenmede Secured Options Portfolio (GTSOX) manages $533.5M 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 GTSOX actively managed or an index fund?

GTSOX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

GTSOX

Glenmede Secured Options Portfolio

NASDAQ·Asset Management · Financial Services

$14.17$0.03−0.21%

Market closed·Oct 23 4:00 PM EDT

Price Chart

$14.17−$0.03 (−0.21%)today

−4.39%CAGR −0.89%

Select date range

FromTo

Jun 30, 2010Oct 26, 2021 → Oct 26, 2026· 5.0 yrsOct 26, 2026

Key Metrics

DistributionDistributions Tab

Annual Distribution (FWD)$4.18

Distribution Yield (FWD)29.52%

Annual Distribution (TTM)$2.05

Distribution Yield (TTM)14.44%

Distribution Growth (5Y)+27.3%

FrequencyQuarterly

Most Recent$1.05

Ex-Dividend DateJul 17

Payment DateJul 20

DiversificationDiversification Tab

Holdings12

Top 10 Weight100.0%

Top 25 Weight100.1%

Effective Holdings2

Sectors—

Largest HoldingS000029397-0 · 100.1%

Largest Sector—

Asset ClassEquity

StrategyOptions Income

Cost & RiskExpenses Tab

Expense Ratio0.86%

Cost per 10k Invested$86.00

AUM$533.52M

Avg Daily Volume—

Price$14.17

NAV$14.17

Premium / Discount+0.00%

52-Week Range$13.35 – $14.79

Beta0.38

Fund Overview

Cost Verdict

Is GTSOX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Options Income
Inception: June 30, 2010
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US3786907473
CUSIP: 378690747
Website: www.glenmedeim.com/funds/secured-options-portfolio/

Peers

Peers Tab

BIAGX

Brown Advisory Growth Equity Fd Investor Shs

Cap

$301.6M

TCVIX

Touchstone Mid Cap Value Institutional Class

Cap

$529.3M

BAGAX

Brown Advisory Growth Equity Adv Shares

Cap

$301.6M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About GTSOX

What does GTSOX invest in?: Under typical market conditions, the Portfolio is structured to dedicate at least 80% of its entire asset base—including capital acquired through borrowing for investment—to various secured options strategies. These strategies specifically encompass writing covered call options and/or secured put options. The underlying instruments for these options are stock index exchange-traded funds (ETFs), stock market indices, or individual shares that the Portfolio holds.
What is the expense ratio of GTSOX?: Glenmede Secured Options Portfolio (GTSOX) charges an expense ratio of 0.86%. This is the annual fee deducted from fund assets to cover management and operations.
What is GTSOX's distribution yield?: GTSOX's trailing-twelve-month yield is 14.44%, calculated from the sum of distributions over the past year divided by the current price.
How does GTSOX's covered-call strategy work?: GTSOX sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
How big is GTSOX?: Glenmede Secured Options Portfolio (GTSOX) manages $533.5M 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 GTSOX actively managed or an index fund?: GTSOX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.