Fund Evaluator:

Glenmede Disciplined Intl Eq Instl Overview

Glenmede Disciplined Intl Eq Instl (GTCLX) is an actively managed International Equity Foreign Large Value fund. Glenmede launched the fund in 2025.

The investment seeks maximum long-term total return consistent with reasonable risk to principal. The fund invests at least 80% of the value of its net assets (including borrowings for investment purposes) in equity securities of foreign companies, directly and/or through ADRs. ADRs are depositary receipts issued in registered form by a U.S. bank or trust company evidencing ownership of underlying securities issued by foreign companies. It will invest, directly and/or through ADRs in companies based in at least three countries other than the United States in primarily developed markets.

About Glenmede Disciplined Intl Eq Instl (GTCLX)

There are 4 members of the management team with an average tenure of 8.91 years: Paul Sullivan (2014), Vladimir de Vassal (2014), Alexander Atanasiu (2014), Ruohao Chen (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI World ex USA NR USD index with a weighting of 100% and Morningstar Foreign Large Value Avg USD index with a weighting of 100%. Glenmede Disciplined Intl Eq Instl has 113 securities in its portfolio. The top 10 holdings constitute 16.2% 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 Disciplined Intl Eq Instl is part of the Equity global asset class and is within the International Equity fund group. Glenmede Disciplined Intl Eq Instl has 98.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 98.4% 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 Disciplined Intl Eq Instl has 1.6% of the portfolio in cash.

Assets Under Management

The fund has $103 million in total assets, which is below the $992 million average for the Foreign Large Value 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.

GTCLX 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 Disciplined Intl Eq Instl expense ratio is above average compared to funds in the Foreign Large Value category. Glenmede Disciplined Intl Eq Instl has an expense ratio of 0.65%, which is 38% lower than its category average, making the fund expense ratio grade a A. 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 Disciplined Intl Eq Instl has a portfolio turnover rate of 76%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Value category.

Recently, in the month of August 2026, Glenmede Disciplined Intl Eq Instl returned 1.6%, which earned it a grade of C, as the Foreign Large Value category had an average return of 1.5%. 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 Disciplined Intl Eq Instl has a trailing yield of 1.51%, which is below the 2.71% 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 Disciplined Intl Eq Instl Grades

Year to date, the fund has returned 16.0%, 0.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 27.3% over the past year (grade of C), 23.0% over the past three years (grade of B) and 13.3% per year over the past five years (grade of B) and 9.8% per year over the past 10 years (grade of C).

For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Glenmede Disciplined Intl Eq Instl, including its riskiness, submit your email to unlock the rest of the article.