Glenmede Secured Options Portfolio (GTSOX)
The investment seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. Under normal market circumstances, at least 80% of the value of the Portfolio's total assets (including borrowings for investment purposes) will be subject to secured option strategies, which are written covered call and/or secured put options on stock index ETFs, stock indices and/or individual stocks held by the Portfolio.
Fund Info
| ISIN | US3786907473 |
|---|---|
| CUSIP | 378690747 |
| Issuer | Glenmede |
| Inception Date | Jun 29, 2010 |
| Category | Options Trading |
| Min. Investment | $0 |
| Asset Class | Alternatives |
Expense Ratio
GTSOX has a high expense ratio of 0.85%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: GTSOX vs. NOBL
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Glenmede Secured Options Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Glenmede Secured Options Portfolio had a return of 4.39% year-to-date (YTD) and 10.87% in the last 12 months. Over the past 10 years, Glenmede Secured Options Portfolio had an annualized return of 5.98%, while the S&P 500 had an annualized return of 10.71%, indicating that Glenmede Secured Options Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.39% | 8.76% |
| 1 month | 1.15% | -0.28% |
| 6 months | 6.36% | 18.36% |
| 1 year | 10.87% | 25.94% |
| 5 years (annualized) | 7.16% | 12.51% |
| 10 years (annualized) | 5.98% | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.67% | 1.18% | 1.24% | 0.24% | ||||||||
| 2023 | -0.77% | 3.80% | 0.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GTSOX is 85, placing it in the top 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
GTSOX (Glenmede Secured Options Portfolio)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Glenmede Secured Options Portfolio (GTSOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Glenmede Secured Options Portfolio granted a 0.16% dividend yield in the last twelve months. The annual payout for that period amounted to $0.02 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.02 | $0.00 | $0.00 | $1.78 | $0.00 | $0.93 | $0.29 | $0.79 | $0.61 | $0.71 | $0.65 | $1.51 |
Dividend yield | 0.16% | 0.00% | 0.00% | 13.35% | 0.00% | 7.56% | 2.62% | 6.57% | 5.01% | 5.95% | 5.46% | 12.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Glenmede Secured Options Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.02 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.78 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.71 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 |
| 2013 | $1.51 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Glenmede Secured Options Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Glenmede Secured Options Portfolio was 29.21%, occurring on Mar 23, 2020. Recovery took 176 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.21% | Feb 21, 2020 | 22 | Mar 23, 2020 | 176 | Dec 1, 2020 | 198 |
| -17.72% | Apr 21, 2022 | 121 | Oct 12, 2022 | 302 | Dec 26, 2023 | 423 |
| -17.52% | Oct 4, 2018 | 56 | Dec 24, 2018 | 179 | Sep 11, 2019 | 235 |
| -16.19% | Jun 1, 2011 | 48 | Aug 8, 2011 | 96 | Dec 22, 2011 | 144 |
| -11.01% | Dec 30, 2015 | 30 | Feb 11, 2016 | 102 | Jul 8, 2016 | 132 |
Volatility
Volatility Chart
The current Glenmede Secured Options Portfolio volatility is 1.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.