Short Term Tax Aware Fixed Income Portfolio
Name
As of 05/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.3%
1 yr return
2.9%
3 Yr Avg Return
0.2%
5 Yr Avg Return
0.8%
Net Assets
$34.5 M
Holdings in Top 10
26.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GTAWX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 0.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.77%
- Dividend Yield 2.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameShort Term Tax Aware Fixed Income Portfolio
-
Fund Family NameGLENMEDEFU
-
Inception DateJun 29, 2016
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJ. Wilson
Fund Description
GTAWX - Performance
Return Ranking - Trailing
Period | GTAWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -2.9% | 12.8% | 32.29% |
1 Yr | 2.9% | -3.2% | 33.2% | 48.99% |
3 Yr | 0.2%* | -10.8% | 2.6% | 8.24% |
5 Yr | 0.8%* | -6.1% | 1102.2% | 47.94% |
10 Yr | N/A* | -0.5% | 248.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | GTAWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -1.4% | 41.0% | 80.61% |
2022 | -2.9% | -39.7% | 0.3% | 3.11% |
2021 | -0.9% | -5.6% | 6.9% | 68.86% |
2020 | 0.9% | -2.6% | 310.0% | 83.40% |
2019 | 1.4% | 0.0% | 26.0% | 94.98% |
Total Return Ranking - Trailing
Period | GTAWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.3% | -2.9% | 12.8% | 32.29% |
1 Yr | 2.9% | -3.2% | 33.2% | 48.99% |
3 Yr | 0.2%* | -10.8% | 2.6% | 8.24% |
5 Yr | 0.8%* | -6.1% | 1102.2% | 47.94% |
10 Yr | N/A* | -0.5% | 248.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GTAWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -1.3% | 41.0% | 89.62% |
2022 | -2.9% | -39.7% | 1.1% | 5.82% |
2021 | -0.2% | -4.8% | 23761504.0% | 91.95% |
2020 | 2.0% | -1.5% | 17057.9% | 90.14% |
2019 | 2.6% | 0.2% | 3514.6% | 95.88% |
NAV & Total Return History
GTAWX - Holdings
Concentration Analysis
GTAWX | Category Low | Category High | GTAWX % Rank | |
---|---|---|---|---|
Net Assets | 34.5 M | 3.22 M | 71.9 B | 95.96% |
Number of Holdings | 83 | 2 | 13067 | 90.82% |
Net Assets in Top 10 | 8.96 M | -317 M | 3.56 B | 95.31% |
Weighting of Top 10 | 26.14% | 2.0% | 100.2% | 19.61% |
Top 10 Holdings
- United States Treasury Bill 8.26%
- U.S. Treasury Bills 4.31%
- E-470 CO PUBLIC HIGHWAY AUTH 2.18%
- VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE PUBLIC HGR ED 1.77%
- MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE 1.69%
- ATLANTA GA ARPT REVENUE 1.62%
- SAN MARCOS TX CONSOL INDEP SCH DIST 1.61%
- NEBRASKA ST PUBLIC PWR DIST REVENUE 1.59%
- NEW JERSEY ST TRANSPRTN TRUST FUND AUTH 1.56%
- N TX TOLLWAY AUTH REVENUE 1.55%
Asset Allocation
Weighting | Return Low | Return High | GTAWX % Rank | |
---|---|---|---|---|
Bonds | 85.17% | 0.00% | 150.86% | 97.59% |
Cash | 14.73% | -50.86% | 46.80% | 1.30% |
Other | 0.10% | -3.18% | 23.38% | 7.23% |
Stocks | 0.00% | 0.00% | 99.81% | 15.94% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 5.01% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 5.03% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GTAWX % Rank | |
---|---|---|---|---|
Municipal | 92.09% | 44.39% | 100.00% | 90.33% |
Cash & Equivalents | 13.97% | 0.00% | 46.24% | 0.98% |
Corporate | 1.09% | 0.00% | 9.41% | 2.68% |
Derivative | 0.00% | -3.18% | 23.38% | 11.78% |
Securitized | 0.00% | 0.00% | 5.93% | 6.60% |
Government | 0.00% | 0.00% | 52.02% | 12.48% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GTAWX % Rank | |
---|---|---|---|---|
US | 85.17% | 0.00% | 142.23% | 97.40% |
Non US | 0.00% | 0.00% | 23.89% | 14.26% |
GTAWX - Expenses
Operational Fees
GTAWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.01% | 20.65% | 54.56% |
Management Fee | 0.35% | 0.00% | 1.20% | 24.98% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.01% | 0.44% | 93.67% |
Sales Fees
GTAWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
GTAWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GTAWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 0.00% | 283.00% | 71.60% |
GTAWX - Distributions
Dividend Yield Analysis
GTAWX | Category Low | Category High | GTAWX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.47% | 0.00% | 14.51% | 77.23% |
Dividend Distribution Analysis
GTAWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
GTAWX | Category Low | Category High | GTAWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.77% | -0.53% | 5.33% | 91.96% |
Capital Gain Distribution Analysis
GTAWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 01, 2024 | $0.020 | OrdinaryDividend |
Apr 03, 2024 | $0.023 | OrdinaryDividend |
Mar 06, 2024 | $0.021 | OrdinaryDividend |
Feb 07, 2024 | $0.027 | OrdinaryDividend |
Dec 15, 2023 | $0.018 | OrdinaryDividend |
Dec 06, 2023 | $0.016 | OrdinaryDividend |
Nov 01, 2023 | $0.015 | OrdinaryDividend |
Oct 04, 2023 | $0.015 | OrdinaryDividend |
Sep 06, 2023 | $0.016 | OrdinaryDividend |
Aug 02, 2023 | $0.014 | OrdinaryDividend |
Jul 05, 2023 | $0.014 | OrdinaryDividend |
Jun 07, 2023 | $0.014 | OrdinaryDividend |
May 03, 2023 | $0.013 | OrdinaryDividend |
Apr 05, 2023 | $0.019 | OrdinaryDividend |
Mar 01, 2023 | $0.012 | OrdinaryDividend |
Feb 01, 2023 | $0.015 | OrdinaryDividend |
Dec 14, 2021 | $0.004 | OrdinaryDividend |
Dec 01, 2021 | $0.004 | OrdinaryDividend |
Nov 03, 2021 | $0.006 | OrdinaryDividend |
Oct 06, 2021 | $0.004 | OrdinaryDividend |
Sep 01, 2021 | $0.005 | OrdinaryDividend |
Aug 04, 2021 | $0.005 | OrdinaryDividend |
Jul 07, 2021 | $0.006 | OrdinaryDividend |
Jun 02, 2021 | $0.006 | OrdinaryDividend |
May 05, 2021 | $0.007 | OrdinaryDividend |
Apr 07, 2021 | $0.006 | OrdinaryDividend |
Mar 03, 2021 | $0.008 | OrdinaryDividend |
Jan 03, 2021 | $0.007 | OrdinaryDividend |
Dec 15, 2020 | $0.011 | OrdinaryDividend |
Dec 02, 2020 | $0.007 | OrdinaryDividend |
Nov 04, 2020 | $0.014 | OrdinaryDividend |
Oct 07, 2020 | $0.007 | OrdinaryDividend |
Sep 02, 2020 | $0.007 | OrdinaryDividend |
Aug 05, 2020 | $0.008 | OrdinaryDividend |
Jul 01, 2020 | $0.007 | OrdinaryDividend |
Jun 03, 2020 | $0.008 | OrdinaryDividend |
May 06, 2020 | $0.010 | OrdinaryDividend |
Apr 01, 2020 | $0.010 | OrdinaryDividend |
Mar 04, 2020 | $0.011 | OrdinaryDividend |
Feb 05, 2020 | $0.007 | OrdinaryDividend |
Dec 04, 2019 | $0.009 | OrdinaryDividend |
Nov 06, 2019 | $0.011 | OrdinaryDividend |
Oct 02, 2019 | $0.010 | OrdinaryDividend |
Sep 04, 2019 | $0.011 | OrdinaryDividend |
Aug 07, 2019 | $0.010 | OrdinaryDividend |
Jul 03, 2019 | $0.012 | OrdinaryDividend |
Jun 05, 2019 | $0.013 | OrdinaryDividend |
May 01, 2019 | $0.010 | OrdinaryDividend |
Apr 03, 2019 | $0.011 | OrdinaryDividend |
Mar 06, 2019 | $0.012 | OrdinaryDividend |
Feb 06, 2019 | $0.009 | OrdinaryDividend |
Dec 14, 2018 | $0.011 | OrdinaryDividend |
Dec 06, 2018 | $0.010 | OrdinaryDividend |
Nov 07, 2018 | $0.009 | OrdinaryDividend |
Oct 03, 2018 | $0.010 | OrdinaryDividend |
Sep 05, 2018 | $0.008 | OrdinaryDividend |
Aug 01, 2018 | $0.009 | OrdinaryDividend |
Jul 05, 2018 | $0.008 | OrdinaryDividend |
Jun 06, 2018 | $0.007 | OrdinaryDividend |
May 02, 2018 | $0.006 | OrdinaryDividend |
Apr 04, 2018 | $0.008 | OrdinaryDividend |
Mar 07, 2018 | $0.009 | OrdinaryDividend |
Feb 07, 2018 | $0.005 | OrdinaryDividend |
Dec 13, 2017 | $0.007 | OrdinaryDividend |
Dec 06, 2017 | $0.006 | OrdinaryDividend |
Nov 01, 2017 | $0.007 | OrdinaryDividend |
Oct 04, 2017 | $0.006 | OrdinaryDividend |
Sep 06, 2017 | $0.006 | OrdinaryDividend |
Aug 02, 2017 | $0.006 | OrdinaryDividend |
Jul 05, 2017 | $0.006 | OrdinaryDividend |
Jun 07, 2017 | $0.006 | OrdinaryDividend |
May 03, 2017 | $0.006 | OrdinaryDividend |
Apr 05, 2017 | $0.006 | OrdinaryDividend |
Mar 01, 2017 | $0.005 | OrdinaryDividend |
Feb 01, 2017 | $0.003 | OrdinaryDividend |
Dec 14, 2016 | $0.007 | OrdinaryDividend |
Dec 07, 2016 | $0.005 | OrdinaryDividend |
Nov 02, 2016 | $0.005 | OrdinaryDividend |
Oct 05, 2016 | $0.004 | OrdinaryDividend |
Sep 07, 2016 | $0.003 | OrdinaryDividend |
Aug 03, 2016 | $0.001 | OrdinaryDividend |
GTAWX - Fund Manager Analysis
Managers
J. Wilson
Start Date
Tenure
Tenure Rank
Mar 26, 2020
2.18
2.2%
Mr. Daly has been employed by the Advisor and Glenmede Trust as the Director of Fixed Income since September 2018. Prior to that time, Mr. Daly served as a senior portfolio manager for U.S. and global fixed income strategies at BlackRock Financial Management, Inc. Mr. Wilson has been employed by the Advisor since September 2011. Prior to that time, Mr. Wilson served as a bond trader for AllianceBernstein Holding L.P.
Robert Daly
Start Date
Tenure
Tenure Rank
Mar 26, 2020
2.18
2.2%
Robert Daly is Glenmede’s Director of Fixed Income. He is responsible for the management of over $4 billion of tax-exempt and taxable fixed income strategies for institutions, consultants and private clients. Mr. Daly works closely with a team of traders, portfolio managers, credit analysts and other professionals to broaden exposure to GIM’s fixed income suite. He also serves as a member of GTC’s Investment Policy Committee. Prior to joining Glenmede, Mr. Daly served as a Senior Portfolio Manager for U.S. and global fixed income strategies at BlackRock in New York. In this role, he was instrumental in establishing and managing a team responsible for asset allocation development, portfolio construction, risk budgeting and formulating investment process. Previously, Mr. Daly managed multi- sector and investment grade credit fixed income portfolios for institutional clients. Mr. Daly earned a Master of Business Administration degree in finance and accounting from Columbia University and his Bachelor of Arts degree in government from Dartmouth College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |