Taxable Fixed Income
Core Fixed Income Portfolio
Performance
| Equities | Ticker | As of 05/26/23 | As of 3/31/23 | Inception Date | Gross Expense Ratio | Net Expense Ratio | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nav | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Since Inception | |||||
| Core Fixed Income | GTCGX | 9.39 | 1.36% | -5.17% | -3.86% | 0.27% | 0.69% | 4.92% | 11/17/88 | 0.54% | 0.54% |
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value will change so that an investor’s shares when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance of periods less than one year are cumulative and not annualized. Returns assume the deduction of fund expenses. Performance data current to the most Month- end can be obtained by calling 1-800-442-8299.
Year to Date (YTD) returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested.
Overview
GIM’s disciplined approach to fixed income management is long term and risk averse. The strategy seeks to provide price stability during periods of interest rate or credit spread volatility in order to deliver attractive risk-adjusted returns. Holdings consist of U.S. Treasuries, benchmark non-callable agencies, investment grade corporate bonds, and agency-issued mortgage-backed securities (MBS). All positions are readily tradable, liquid securities, enabling GIM to execute our sector rotation strategies at minimal transaction costs and to accommodate account asset rebalancing.
Emphasizes high credit quality, liquidity, diversification and sector rotation Focusing on price stability, limiting risk and preserving liquidity
Quantitative discipline; fundamental insight Integrates quantitative and fundamental analysis
Integrates top-down fundamental and bottom-up quantitative technical analysis At the macroeconomic, sector, issuer and individual security levels
Yield curve positioning for future Fed and economic trends Managing interest rate risk
Continuity of senior team
Portfolio Managers
Fund Materials
Before you invest in the Glenmede Funds please refer to the equity prospectus and/or bond prospectus and/or equity institutional class prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-442-8299. The prospectus should be read carefully before you invest or send money. Related Literature and Disclosures
The Glenmede Funds are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any Glenmede Fund in any jurisdiction where the offer of solicitation would be unlawful under the securities laws of such jurisdiction.
Barclays Capital U.S. Aggregate Bond Index – The Barclays Capital U.S. Aggregate Bond Index is composed of securities from the Barclays Capital Government/Corporate Bond Index, Mortgage-Backed Securities Index and the Asset-Backed Securities Index. One cannot invest directly in an index.
Mutual fund investing involves risk. Principal loss is possible. Diversification does not assure a profit, nor does it protect against a loss in a declining market.
Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities.
The Glenmede Funds are distributed by Quasar Distributors, LLC.