Glenmede Global Secured Options Portfolio Advisor (NOVIX)
6.41
+0.03
(+0.47%)
USD |
Oct 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.02% | 28.21M | -- | 69.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 11.24M | 23.65% |
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. The Fund uses option writing strategies to obtain option premiums and reduce risk. The Fund will implement buy-write and/or cash-secured put option strategies on foreign stock index exchange traded funds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Glenmede Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
75
-378.03M
Peer Group Low
430.05M
Peer Group High
1 Year
% Rank:
49
11.24M
-3.919B
Peer Group Low
2.084B
Peer Group High
3 Months
% Rank:
52
-1.147B
Peer Group Low
1.231B
Peer Group High
3 Years
% Rank:
66
-3.924B
Peer Group Low
6.354B
Peer Group High
6 Months
% Rank:
41
-3.323B
Peer Group Low
2.072B
Peer Group High
5 Years
% Rank:
82
-7.017B
Peer Group Low
7.846B
Peer Group High
YTD
% Rank:
44
-3.561B
Peer Group Low
2.169B
Peer Group High
10 Years
% Rank:
63
-5.431B
Peer Group Low
7.880B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of April 30, 2026.
| Type | % Net |
|---|---|
| Cash | 4.27% |
| Stock | 39.65% |
| Bond | 6.13% |
| Convertible | 0.00% |
| Preferred | 0.62% |
| Other | 49.33% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Other Assets less Liabilities
|
48.15% | -- | -- |
|
SPX Jun6 6000.0C
|
26.53% | -- | -- |
| Vanguard FTSE All-World ex US ETF | 17.78% | 83.80 | -0.10% |
| iShares MSCI Emerging Markets ETF | 17.01% | 68.27 | -0.67% |
| iShares Core MSCI Emerging Markets ETF | 6.04% | 83.05 | -0.63% |
| Goldman Sachs FS Treasury Obligations Fd Adm | 5.97% | 1.00 | 0.00% |
|
SPX Jun6 6000.0P
|
5.22% | -- | -- |
| United States of America USGB 06/09/2026 FIX USD Government (Matured) | 3.34% | 100.00 | 0.01% |
|
USD Cash
|
0.83% | -- | -- |
|
SPX May6 6975.0P
|
0.45% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.16% |
| Administration Fee | 35986.00 None |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks long-term capital appreciation and option premiums consistent with reasonable risk to principal. The Fund uses option writing strategies to obtain option premiums and reduce risk. The Fund will implement buy-write and/or cash-secured put option strategies on foreign stock index exchange traded funds. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Nontraditional Equity |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Relative Value |
| Peer Group | Options Arbitrage/Opt Strategies Funds |
| Global Macro | Liquid Alternatives |
| US Macro | Equity Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Options Arbitrage/Opt Strategies Funds |
| Fund Owner Firm Name | Glenmede Funds |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-5-26) | 0.47% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 15 |
| Stock | |
| Weighted Average PE Ratio | 25.84 |
| Weighted Average Price to Sales Ratio | 6.121 |
| Weighted Average Price to Book Ratio | 5.241 |
| Weighted Median ROE | 20.08% |
| Weighted Median ROA | 9.33% |
| Return on Investment (TTM) | 15.05% |
| Earning Yield | 0.0579 |
| LT Debt / Shareholders Equity | 0.4914 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (4-30-26) | 3.66% |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | 0.1102 |
| Nominal Maturity | 0.1102 |
| Number of Bond Holdings | 1 |
As of April 30, 2026
Growth Metrics
| EPS Growth (1Y) | 27.06% |
| EPS Growth (3Y) | 15.64% |
| EPS Growth (5Y) | 19.98% |
| Sales Growth (1Y) | 14.00% |
| Sales Growth (3Y) | 10.88% |
| Sales Growth (5Y) | 13.35% |
| Sales per Share Growth (1Y) | 54.05% |
| Sales per Share Growth (3Y) | 11.33% |
| Operating Cash Flow - Growth Rate (3Y) | 15.71% |
As of April 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 9/28/2012 |
| Last Annual Report Date | 10/31/2025 |
| Last Prospectus Date | 2/28/2026 |
| Share Classes | |
| NOVLX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:NOVIX", "name") |
| Broad Asset Class: =YCI("M:NOVIX", "broad_asset_class") |
| Broad Category: =YCI("M:NOVIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:NOVIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |