Fund Evaluator:
Glenmede Strategic Equity (GTCEX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
Glenmede Strategic Equity Overview
Glenmede Strategic Equity (GTCEX) is an actively managed U.S. Equity Large Blend fund. Glenmede launched the fund in 1989.
The investment seeks maximum long-term total return consistent with reasonable risk to principal. The fund normally invests at least 80% of the value of its net assets (including borrowing for investment purposes) in equity securities, such as common stocks, preferred stocks and securities convertible into common and preferred stocks, of U.S. companies. It may also invest in foreign securities either directly or through ADRs listed on the NYSE.
About Glenmede Strategic Equity (GTCEX)
There are 4 members of the management team with an average tenure of 0.04 years: Paul Sullivan (2026), Vladimir de Vassal (2026), Alexander Atanasiu (2026), Ruohao Chen (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and DJ Industrial Average TR USD index with a weighting of 100%. Glenmede Strategic Equity has 39 securities in its portfolio. The top 10 holdings constitute 45.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Glenmede Strategic Equity is part of the Equity global asset class and is within the U.S. Equity fund group. Glenmede Strategic Equity has 1.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.8%. There is 1.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Glenmede Strategic Equity has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $98 million in total assets, which is below the $6 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GTCEX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Glenmede Strategic Equity expense ratio is high compared to funds in the Large Blend category. Glenmede Strategic Equity has an expense ratio of 0.89%, which is 10% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Glenmede Strategic Equity has a portfolio turnover rate of 10%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, Glenmede Strategic Equity returned 6.6%, which earned it a grade of A, as the Large Blend category had an average return of 0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Glenmede Strategic Equity has a trailing yield of 0.18%, which is below the 0.56% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Glenmede Strategic Equity Grades
Year to date, the fund has returned 6.2%, 3.1 percentage points worse than the category, which translates into a grade of F. The fund has returned 15.7% over the past year (grade of D), 13.7% over the past three years (grade of F) and 9.0% per year over the past five years (grade of F) and 12.3% per year over the past 10 years (grade of F).
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GTCEX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GTCEX Return (NAV) | 6.6% | 7.1% | 15.7% | 13.7% | 9.0% | 12.3% |
| GTCEX Grade | A | A | D | F | F | F |
| +/- Category | 6.2% | 3.0% | -1.8% | -3.7% | -2.1% | -1.3% |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| GTCEX Tax Cost Ratio | na | na | 4.8% | 3.8% | 3.2% | 2.3% |
GTCEX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GTCEX Return (NAV) | 6.2% | 14.9% | 13.4% | 23.4% | -15.3% | 26.7% | 11.3% | 29.5% | -6.8% | 25.9% | 12.3% |
| GTCEX Grade | F | D | F | D | B | C | F | D | D | A | B |
| +/- Category | -3.1% | -1.0% | -8.6% | -0.3% | 2.0% | 0.1% | -6.2% | -0.3% | -0.9% | 4.6% | 2.1% |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 12.8% |
| Total Risk Index: | 1.05 - Above Average |
| Category Risk Index: | 0.97 - Below Average |
| Category Risk Grade: | B (28% Rank) |
| Beta: | 0.88 |
| R-Squared: | 80% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $98 Mil |
| Fund Total Assets: | $ 98 Mil |
| Share Class Type: | No Load |
| Portfolio Turnover: | 10% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 0.0 years | |||
| Average Tenure: 0.0 years | |||
| Managers (Year): Sullivan Paul (2026), de Vassal Vladimir (2026), Atanasiu Alexander (2026), Chen Ruohao (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 39 |
| % in Top 10 Holdings: | 45.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.9% |
Portfolio Allocation |
|
| Domestic Stock: | 97.8% |
| Foreign Stock: | 1.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.3% |
Purchase Information
| Fund Family: | Glenmede |
| Phone Number: | 800-442-8299 |
| Website: | www.glenmede.com |
| Status: | Open |
| Inception Date: | July 20, 1989 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.89% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Glenmede Strategic Equity |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
