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Intro Guide To The Glenmede Large Cap Core Portfolio Fund (GTLOX)

Published 09/07/2016, 10:58 PM
Updated 07/09/2023, 06:31 AM
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Glenmede Large Cap Core Portfolio Fund (GTLOX) a Zacks Rank #2 (Buy) was incepted in February 2004 and is managed by Glenmede Investment Management, LP. The objective of GTLOX is to seek maximum returns for the long run. GTLOX invests more than 80% of its assets in securities of domestic large-cap companies. GTLOX generally invests in those companies whose market-cap falls within the range of the Russell 1000 Index.

This Large Growth product, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Intermediate Bond and Small Growth. Further, as of the last filing, Tyson Foods (NYSE:TSN), Inc, Helmerich & Payne (NYSE:HP), Inc and National Oilwell Varco (NYSE:NOV), Inc were the top holdings for GTLOX.

The Glenmede Large Cap Core Portfolio fund, managed by Glenmede, carries an expense ratio of 0.87%. Moreover, GTLOX requires a minimal initial investment of $0.

GTLOX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.56% and 5 year 14.04%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

GTLOX’s performance, as of the last filing, when compared to funds in its category was in the top 30% in 1 year, top 11% over the past 3 years, and in the 3% over the past 5 years.

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