Equity Income Portfolio
|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|
|Equity Income Portfolio||GEQIX||14.28||-1.46%||-0.58%||18.29%||9.23%||N/A||9.64%||12/21/16||0.97%||0.85%|
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.
GIM seeks to invest in a diversified portfolio of common stocks that reward shareholders with dividend income and possess the ability to raise the payout to shareholders over time.
Current yield plus potential for dividend growth Focus not just on current yield, but on potential for growth in dividend income stream
Fundamental approach with quantitative foundation Integrates quantitative screening with fundamental research to identify positive earnings trends and other catalysts
Consistency and discipline A consistent, disciplined investment process
Continuity of senior Equity Income team Inception date of December 21, 2016
Summary Investment Guidelines
- Universe: Large cap stocks with yields at or above the S&P 500 Index
- Benchmark: S&P 500 Index
- 50-60 holdings
- Position sizes depend on dividend yield, potential for dividend growth, fundamental attractiveness and targeted sector exposure
- Sector weights: +/– 5% relative to benchmark weight
- Maximum position size: 5% for any security
- Cash positions minimal (<1%)
John R. Kichula, CFA
Portfolio Manager, Large Cap Equity
Mark Livingston, CFA
Portfolio Manager, Large Cap Equity
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 Equity Income Portfolio has a contractual management fee/expense waivers that continue through February 29, 2024. To the extent a Fund’s expenses were reduced by waivers, the Fund’s total returns were increased. In these cases, the Fund’s total returns would have been lower had there been no waivers. This is only applicable to the tabs with the Funds with the fee waiver.
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.
The S&P 500 Index consists of 500 widely held common stocks. This unmanaged index is a total return index with dividends reinvested. One cannot invest directly in an index.
Mutual fund investing involves risk. Principal loss is possible.
The Fund’s strategy of investing in dividend-paying stocks involves the risk that such stocks may fall out favor with investors and underperform the market. In addition, there is the possibility that such companies could reduce or eliminate the payment of dividends in the future or the anticipated acceleration of dividends could not occur.
The Glenmede Funds are distributed by Quasar Distributors, LLC.