Glenmede Global Secured Options Portfolio Advisor (NOVIX)
5.52
+0.01
(+0.18%)
USD |
Jan 08 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.99% | 16.80M | -- | 0.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -3.517M | 23.49% | Upgrade | Upgrade |
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:
70
-342.64M
Peer Group Low
734.29M
Peer Group High
1 Year
% Rank:
80
-3.517M
-1.272B
Peer Group Low
7.354B
Peer Group High
3 Months
% Rank:
37
-1.863B
Peer Group Low
2.019B
Peer Group High
3 Years
% Rank:
91
-1.737B
Peer Group Low
22.95B
Peer Group High
6 Months
% Rank:
51
-1.624B
Peer Group Low
4.331B
Peer Group High
5 Years
% Rank:
96
-2.323B
Peer Group Low
31.33B
Peer Group High
YTD
% Rank:
--
0.00
Peer Group Low
70.85M
Peer Group High
10 Years
% Rank:
99
-5.521B
Peer Group Low
31.60B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 09, 2026.
Asset Allocation
As of July 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.83% |
| Stock | 46.38% |
| Bond | 1.50% |
| Convertible | 0.00% |
| Preferred | 0.53% |
| Other | 48.75% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
OTHER ASSETS LESS LIABILITIES
|
26.77% | -- | -- |
|
USD CASH
|
24.85% | -- | -- |
| iShares MSCI Emerging Markets ETF | 20.50% | 56.87 | 0.04% |
| Vanguard FTSE All-World ex US Index Fund ETF | 16.73% | 75.43 | 0.09% |
| United States of America USGB 12/04/2025 FIX USD Government (Matured) | 10.16% | 100.00 | 0.00% |
|
SPX DEC5 5000.0C
|
4.53% | -- | -- |
|
SPX NOV5 6600.0P
|
0.65% | -- | -- |
|
SPX DEC5 5000.0P
|
0.26% | -- | -- |
|
SPX NOV5 6650.0P
|
0.21% | -- | -- |
|
RUT NOV5 2350.0P
|
0.09% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.16% |
| Administration Fee | 51.91K% |
| 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 |
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 (1-8-26) | 0.55% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 14 |
Fund Details
| Key Dates | |
| Inception Date | 9/28/2012 |
| Share Classes | |
| NOVLX | Inst |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| 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. |