James Balanced: Golden Rainbow Fund Institutional Class
GLRIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1349 Fairground Rd Beavercreek OH United States of America 45385
- IPO Date
- Mar 2, 2009
- CIK
- 0001045487
- Website
- jamesinvestment.com
- Similar Companies
- Business
- James Balanced: Golden Rainbow Fund Institutional Class (GLRIX) is a mutual fund that seeks total return through a combination of growth and income while emphasizing capital preservation in declining markets. The fund invests primarily in equity securities of foreign and domestic companies deemed undervalued by its adviser, including common stocks, preferred stocks, and exchange-traded funds (ETFs) focused on equities across all market capitalizations; fixed income securities such as U.S. government securities, corporate bonds, municipal bonds, sovereign bonds of any maturity, and related ETFs; with a minimum allocation of 25% to equities and 25% to fixed income under normal circumstances, incorporating high-quality money market instruments and primarily investment-grade non-U.S. government securities rated Baa2/BBB or equivalent. Managed by James Investment Research, Inc., the fund operates within the James Advantage Funds family, targeting individual, business, and endowment investors primarily in the United States, with limited international exposure mainly to regions like Switzerland and the Netherlands. Established in 1991 as the flagship offering of the James Advantage Funds with GLRBX as the retail share class (GLRIX institutional class launched in 2009), the fund is headquartered at 1290 Broadway, Suite 1100, Denver, Colorado. James Investment Research advises the fund alongside four other mutual funds in the family, including the James Small Cap Fund and James Micro Cap Fund, managing approximately $6.5 billion in total assets as of recent reports, with the Golden Rainbow Fund comprising the largest portion at over $4 billion. The institutional class (GLRIX) features a total annual operating expense ratio of 0.98%, comprising a 0.74% management fee, no 12b-1 distribution fee, 0.23% other expenses, and 0.01% acquired fund fees and expenses. Recent developments include regular quarterly income distributions and periodic capital gains payouts, such as a long-term capital gain distribution of $0.4815 per share for both GLRBX and GLRIX in December 2024; a notable operational change effective May 21, 2024, where the related James Micro Cap Fund eliminated its fees; and updated financial statements and fact sheets released through September 30, 2025, reflecting ongoing portfolio management amid market volatility. The fund maintained its conservative balanced allocation strategy with no major acquisitions, partnerships, or reorganizations announced in the last 1-2 years, focusing instead on consistent performance against its blended benchmark of 25% VettaFi US Equity Large/Mid-Cap 1000, 25% VettaFi US Equity Small-Cap 2000, and 50% Bloomberg U.S. Intermediate Government/Credit Bond indices. Top holdings as of September 30, 2025, feature leading U.S. equities like Microsoft (4.0%), NVIDIA (3.1%), and Apple (3.0%), with sector emphasis on information technology (14.6%) and financials (9.5%).