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Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Leuthold Global Fund

GLBLX | Fund

$10.51

$22.6 M

0.00%

2.59%

Vitals

YTD Return

13.7%

1 yr return

24.3%

3 Yr Avg Return

12.9%

5 Yr Avg Return

6.6%

Net Assets

$22.6 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

$10.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 49.39%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$10,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Leuthold Global Fund

GLBLX | Fund

$10.51

$22.6 M

0.00%

2.59%

GLBLX - Profile

Distributions

  • YTD Total Return 13.7%
  • 3 Yr Annualized Total Return 12.9%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Leuthold Global Fund
  • Fund Family Name
    Leuthold
  • Inception Date
    Apr 30, 2008
  • Shares Outstanding
    561421
  • Share Class
    Individual
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Douglas Ramsey

Fund Description

Leuthold Global Fund is a “flexible” fund, meaning that it allocates its investments in global developed and emerging markets among the following asset classes, in proportions which reflect the judgment of Leuthold Weeden Capital Management (referred to as the Adviser) of the potential returns and risks of each asset class:
Common stocks and other equity securities (including common stocks, preferred stocks, convertible preferred stocks, warrants, options, and American Depositary Receipts, and short sales of equity securities);
Bonds and other debt securities (including global developed and emerging government-related securities (including those issued by sovereign and local governments and their sponsored entities), global corporate securities, and securitized debts both above and below investment grade); and
Money market instruments from around the world.
The Adviser considers a number of factors when making these allocations, including economic conditions and monetary factors, inflation and interest rate levels and trends, investor confidence, and technical stock market measures. Normally, the Fund will invest at least 40% of its assets in securities from international (non-U.S.) markets in at least three different countries, unless market conditions are not deemed favorable by the Adviser, in which case the Fund may invest less than 40% of its assets in securities from international markets (non-U.S.) (but in any event not less than 30%). While at least 40% of the Fund’s assets will be invested in securities from international markets (non-U.S.), the Fund’s investments will be allocated among the following categories, with portions of each being made up of domestic and international securities. The Fund expects that, under normal market conditions, the Fund’s net assets will be invested approximately:
30% to 70% in common stocks and other equity securities;
10% to 70% in bonds and other debt securities (other than money market instruments); and
0% to 20% in cash or cash equivalent investments, including money market instruments.
The Adviser may, in its judgment of the potential returns and risks of each asset class, elect to invest outside of these typical ranges.
The Fund’s investments in common stocks and other equity securities may consist of the following from around the world:
Large, mid, or small capitalization common stocks;
Growth stocks, value stocks, or cyclical stocks;
Aggressive stocks or defensive stocks;
Stocks in any industry or sector;
Equity mutual funds and exchange-traded funds; and
Options.
In investing in equity securities and debt securities, the Fund utilizes a disciplined, unemotional, quantitative investment approach that is based on the belief investors can achieve superior investment performance through group selection (Global Group Strategy). The Fund will invest in domestic and foreign companies of all sizes and industries as well as in “growth” stocks and “value” stocks.
The Adviser currently monitors about 90 global groups. The Adviser considers a group to be a collection of stocks whose investment performance tend to be similarly influenced by a variety of factors. The major types of groups the Adviser monitors are specific groups within each industry sector comprised of narrower themes, such as “Airlines,” “Health Care Facilities” and “Semiconductors”.
The Adviser continuously updates its investment discipline and adjusts the Fund’s portfolio as necessary to keep the Fund invested in stocks in those groups which the Adviser believes are the most attractive. Such adjustments may often result in high portfolio turnover.
The Fund may invest in global (developed and emerging) government related securities, including those issued by sovereign and local governments and their sponsored entities, global corporate securities, and securitized debts. The Fund may invest in both above and below investment grade securities or mutual funds and exchange-traded funds that invest in these securities.
The Fund may engage in short sales of index-related and other equity securities to reduce its equity exposure or to profit from an anticipated decline in the price of the security sold short.
In addition to investing directly in securities, the Fund may gain long or short exposure indirectly by investing in mutual funds, exchange-traded funds, unit investment trusts, or closed-end investment companies which invest in a specific category of common stocks.
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GLBLX - Performance

Return Ranking - Trailing

Period GLBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.7% -23.7% 16.4% 33.05%
1 Yr 24.3% -8.9% 48.3% 37.12%
3 Yr 12.9%* -2.2% 16.4% 50.11%
5 Yr 6.6%* -0.7% 13.4% 87.38%
10 Yr 6.3%* 0.9% 11.8% 74.37%

* Annualized

Return Ranking - Calendar

Period GLBLX Return Category Return Low Category Return High Rank in Category (%)
2025 6.9% -40.8% 20.6% 11.09%
2024 -6.6% -21.0% 24.5% 33.94%
2023 5.4% -24.2% 27.8% 83.88%
2022 -12.5% -23.1% 11.7% 95.52%
2021 12.8% -100.0% 20.6% 79.84%

Total Return Ranking - Trailing

Period GLBLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.7% -23.7% 16.4% 32.19%
1 Yr 24.3% -12.8% 48.3% 34.32%
3 Yr 12.9%* -3.4% 16.4% 45.85%
5 Yr 6.6%* -1.1% 13.4% 84.90%
10 Yr 6.3%* 0.9% 11.8% 72.93%

* Annualized

Total Return Ranking - Calendar

Period GLBLX Return Category Return Low Category Return High Rank in Category (%)
2025 17.3% -40.8% 20.6% 11.09%
2024 0.9% -21.0% 24.5% 33.94%
2023 8.0% -24.2% 27.8% 86.45%
2022 -8.0% -23.1% 11.7% 98.01%
2021 15.0% -2.9% 23.1% 20.44%

NAV & Total Return History


GLBLX - Holdings

Concentration Analysis

GLBLX Category Low Category High GLBLX % Rank
Net Assets 22.6 M 1.12 M 110 B 92.44%
Number of Holdings 265 2 10961 50.94%
Net Assets in Top 10 7.03 M -31.7 M 22 B 90.40%
Weighting of Top 10 32.05% 10.8% 100.0% 43.46%

Top 10 Holdings

  1. US BANK MMDA - USBGFS 9 19.37%
  2. United States Treasury Note/Bond 2.29%
  3. United States Treasury Bill 2.27%
  4. Sumitomo Electric Industries Ltd 1.40%
  5. Exxon Mobil Corp 1.23%
  6. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF 1.14%
  7. Sompo Holdings Inc 1.14%
  8. SPDR Bloomberg International Treasury Bond ETF 1.13%
  9. United Kingdom Gilt 1.08%
  10. Goldman Sachs Group Inc/The 1.02%

Asset Allocation

Weighting Return Low Return High GLBLX % Rank
Stocks
53.55% -45.72% 98.42% 78.08%
Cash
40.07% -97.12% 185.58% 1.88%
Bonds
6.38% -39.76% 93.84% 78.50%
Convertible Bonds
0.10% 0.00% 25.49% 66.18%
Preferred Stocks
0.00% -0.03% 14.00% 83.72%
Other
0.00% -1.25% 197.12% 32.78%

Stock Sector Breakdown

Weighting Return Low Return High GLBLX % Rank
Technology
23.95% 0.00% 39.48% 5.73%
Financial Services
22.72% 0.00% 30.34% 4.25%
Industrials
12.98% 0.09% 32.39% 17.62%
Energy
12.92% 0.00% 38.61% 19.53%
Basic Materials
11.14% 0.00% 60.23% 11.89%
Consumer Cyclical
6.04% 0.00% 20.84% 62.21%
Communication Services
5.17% 0.00% 28.59% 71.97%
Healthcare
4.07% 0.00% 30.30% 81.32%
Consumer Defense
1.01% 0.00% 31.85% 91.08%
Utilities
0.00% 0.00% 40.29% 97.24%
Real Estate
0.00% 0.00% 90.14% 97.45%

Stock Geographic Breakdown

Weighting Return Low Return High GLBLX % Rank
Non US
28.12% -46.69% 57.06% 66.18%
US
25.43% -4.82% 95.75% 72.44%

Bond Sector Breakdown

Weighting Return Low Return High GLBLX % Rank
Cash & Equivalents
19.37% 0.10% 100.00% 6.05%
Government
17.73% 0.00% 98.64% 63.47%
Corporate
8.59% 0.00% 99.90% 75.78%
Securitized
2.01% 0.00% 83.28% 62.21%
Derivative
0.00% 0.00% 41.88% 74.74%
Municipal
0.00% 0.00% 31.28% 67.85%

Bond Geographic Breakdown

Weighting Return Low Return High GLBLX % Rank
US
4.56% -177.12% 87.76% 81.21%
Non US
1.82% -39.00% 137.36% 58.87%

GLBLX - Expenses

Operational Fees

GLBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.59% 0.16% 2.71% 5.01%
Management Fee 0.90% 0.00% 1.70% 92.08%
12b-1 Fee 0.06% 0.00% 1.00% 11.55%
Administrative Fee 0.05% 0.01% 0.70% 4.74%

Sales Fees

GLBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

GLBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 42.86%

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.

GLBLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.39% 0.00% 441.00% 36.12%

GLBLX - Distributions

Dividend Yield Analysis

GLBLX Category Low Category High GLBLX % Rank
Dividend Yield 0.00% 0.00% 10.92% 66.32%

Dividend Distribution Analysis

GLBLX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

GLBLX Category Low Category High GLBLX % Rank
Net Income Ratio -0.48% -5.20% 6.33% 97.60%

Capital Gain Distribution Analysis

GLBLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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GLBLX - Fund Manager Analysis

Managers

Douglas Ramsey


Start Date

Tenure

Tenure Rank

Apr 30, 2008

14.09

14.1%

Doug is the Chief Investment Officer of The Leuthold Group, LLC, and a Portfolio Manager. In addition to his CIO and Portfolio Management responsibilities heading both the asset allocation and investment strategy committees, Doug maintains the firm’s proprietary Major Trend Index – a multi-factor model which evaluates the underlying health of the markets, both domestically and globally. He is also the lead writer for The Leuthold Group’s highly regarded institutional research publications. Doug is an accomplished speaker and has presented at a range of engagements, including the Morningstar Investment Conference, CFA societies across the U.S., Minnesota CPA Society, Minneapolis Business Bank, and a variety of Advisor and private client events throughout the country. Additionally, Doug is frequently used as a resource by the financial press, including appearances on CNBC and Bloomberg TV; he is quoted regularly in Barron’s and is often referred to by the leading trade journals for a variety of topics. He is a member of the Charles Dow Award committee, and the Market Technicians Association. Prior to joining the Leuthold team, Doug was Chief Investment Officer of Treis Capital in Des Moines, Iowa, where he managed equity portfolios and published a quantitative equity research product. Prior to that he worked at Principal Global Investors. Doug is a Phi Beta Kappa graduate of Coe College in Cedar Rapids, IA, where he earned a Bachelor’s degree in Economics and Business Administration. He also played four years of varsity basketball at Coe, earning Academic All-America honors in 1986-87. Doug received an MA degree in Economics from The Ohio State University in 1990; he earned his CFA designation in 1996 and became a Chartered Market Technician in 2003.

Chun Wang


Start Date

Tenure

Tenure Rank

Jan 31, 2010

12.34

12.3%

Chun is a Senior Analyst and Portfolio Manager. Chun is also a member of the asset allocation committee and the investment strategy committee. In addition to his Portfolio Management responsibilities, Chun is a contributing writer to The Leuthold Group's highly regarded institutional publications. Chun performs both top-down and bottom-up research to identify significant cross-asset trends and themes among major asset classes including global equities, fixed income, and currencies. Prior to joining the Leuthold team in June 2009, Chun was a Quantitative Equities Portfolio Manager and Head of Quantitative Research at LIM Advisors, a Hong-Kong based Asia-Pacific focused multi-strategy hedge fund. Prior to that, Chun was with Ned Davis Research for 11 years as Director of Research & Development, responsible for quantitative product development and a quantitative research publication called Quantitative Review. Chun also worked as an equity analyst with Shanghai International Securities in China. In addition to his global experience, Chun has a BS degree in Economics from Xiamen University and a MS degree in Economics from the University of Florida. Chun holds a number of professional designations and certifications including the Chartered Financial Analyst (CFA), Professional Risk Manager (PRM), Certified JAVA Programmer, SAS Certified Professional, and the Certificate in Financial Engineering from UC Berkeley.

Greg Swenson


Start Date

Tenure

Tenure Rank

Jun 30, 2015

6.92

6.9%

In addition to theLeuthold SP Sector Rotation ETF Portfolio, Greg is a Co-Portfolio Manager for the Leuthold Select Industries, Leuthold Global Industries, Grizzly Short, Leuthold Core, and Leuthold Global Funds. He is also a member of the investment strategy committee and contributes to The Leuthold Group's institutional research publications. He joined The Leuthold Group in 2006 to aid in the development of the Global Industries framework and continues to monitor and enhance the quantitative disciplines that drive Leuthold's equity strategies. Before joining The Leuthold Group, he worked for FactSet Research Systems in Chicago as a Consultant and Account Executive.  While working for FactSet Greg worked extensively with the research team at Leuthold. Greg is a CFA charterholder and graduated with honors from the University of Iowa with a Bachelor of Business Administration in Finance.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25