- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 200 Clarendon Street, Leg13 Boston MA United States of America 02116
- IPO Date
- Nov 17, 1988
- Business
- Glenmede Core Fixed Income Portfolio (GTCGX) is an actively managed open-end mutual fund within The Glenmede Fund, Inc., offered by Glenmede Investment Management LP, that seeks maximum long-term total return consistent with reasonable risk to principal by investing primarily in fixed income securities; the portfolio normally invests at least 80% of its net assets (including borrowings for investment purposes) in a diversified mix of investment grade bonds, including mortgage-backed securities, U.S. government obligations, corporate debt, and asset-backed securities rated investment grade or higher by major rating agencies such as Moody's, S&P or Fitch; it may also allocate up to 20% to high-yield bonds, emerging markets debt, or derivatives for hedging and income enhancement.
Glenmede Investment Management LP, the fund's investment adviser and a boutique asset management firm founded in 1956 and headquartered in Philadelphia, Pennsylvania, provides these strategies as part of its broader suite of actively managed equity, fixed income, derivatives, secured options, and thematic portfolios available through mutual funds like The Glenmede Funds, separately managed accounts, and collective investment vehicles targeting institutional investors, advisors, financial intermediaries, endowments, and high-net-worth individuals.
The firm operates primarily in the United States with additional offices in Wilmington, Delaware; Florham Park, New Jersey; Washington, D.C.; and Beachwood, Ohio, to serve a client base across North America.
In recent developments, Glenmede Investment Management launched the Energy Resilience Strategy in November 2025, an actively managed equity portfolio focusing on U.S. mid- and large-cap companies driving energy transition through efficient technologies, grid modernization, and sustainable infrastructure, developed by its Disciplined Equity Team in partnership with the Sustainable Investing Team; other Glenmede portfolios underwent name changes and strategic repositionings effective September 2, 2025, such as the SMID Core Equity Portfolio (formerly Women in Leadership U.S. Equity Portfolio), reflecting a shift toward undervalued U.S. small- and mid-cap equities; the firm also signed a long-term lease in April 2023 to remain headquartered in Philadelphia's One Liberty Place, with innovative hybrid workspace renovations completed in late 2024.