Glenmede Secured Options Portfolio (GTSOX)
Glenmede Secured Options Portfolio operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $14.13, up 0.14% on the session, giving a market capitalisation of $532.0M. Its beta of 0.38 implies it has historically moved less than the broad market.
Under typical market conditions, the Portfolio is structured to dedicate at least 80% of its entire asset base—including capital acquired through borrowing for investment—to various secured options strategies. These strategies specifically encompass writing covered call options and/or secured put options. The underlying instruments for these options are stock index exchange-traded funds (ETFs), stock market indices, or individual shares that the Portfolio holds.
Glenmede Secured Options Portfolio is most often compared with the following Financial Services names: