Fund Evaluator:

Glenmede Long/Short Eq Ptf Instl Shrs Overview

Glenmede Long/Short Eq Ptf Instl Shrs (GTLSX) is an actively managed Nontraditional Equity Long-Short Equity fund. Glenmede launched the fund in 2019.

The investment seeks absolute return consistent with reasonable risk to principal. The fund normally invests at least 80% of the value of its net assets (including borrowings for investment purposes) in long and short positions with respect to equity securities, such as common stocks, of public companies tied economically to the U.S. It will invest in companies with market capitalizations, at the time of purchase, that are within the market capitalization range of any stock in the Russell 3000® Index.

About Glenmede Long/Short Eq Ptf Instl Shrs (GTLSX)

There are 4 members of the management team with an average tenure of 12.91 years: Paul Sullivan (2006), Vladimir de Vassal (2006), Alexander Atanasiu (2015), Ruohao Chen (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Bloomberg US Trsy Bellwethers 3M TR USD index with a weighting of 100%. Glenmede Long/Short Eq Ptf Instl Shrs has 189 securities in its portfolio. The top 10 holdings constitute 18.7% 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 Long/Short Eq Ptf Instl Shrs is part of the Equity global asset class and is within the Nontraditional Equity fund group. Glenmede Long/Short Eq Ptf Instl Shrs has 1.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 27.6%. There is 1.0% 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 Long/Short Eq Ptf Instl Shrs has 71.3% of the portfolio in cash.

Assets Under Management

The fund has $1 million in total assets, which is below the $352 million average for the Long-Short Equity 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.

GTLSX 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 Long/Short Eq Ptf Instl Shrs expense ratio is high compared to funds in the Long-Short Equity category. Glenmede Long/Short Eq Ptf Instl Shrs has an expense ratio of 2.34%, which is 7% 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 Long/Short Eq Ptf Instl Shrs has a portfolio turnover rate of 109%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 287% for the Long-Short Equity category.

Recently, in the month of July 2026, Glenmede Long/Short Eq Ptf Instl Shrs returned 5.8%, which earned it a grade of A, as the Long-Short Equity category had an average return of 2.6%. 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 Long/Short Eq Ptf Instl Shrs has a trailing yield of 1.26%, which is above the 1.15% category average. The fund normally distributes its income quarterly.

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 Long/Short Eq Ptf Instl Shrs Grades

Year to date, the fund has returned 10.0%, 2.5 percentage points better than the category, which translates into a grade of B. The fund has returned 18.5% over the past year (grade of B), 12.2% over the past three years (grade of B) and 10.2% per year over the past five years (grade of B) and 6.2% per year over the past 10 years (grade of D).

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