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Morningstar

Glenmede High Yield Municipal GHYMX

Morningstar Medalist Rating
Medalist Rating as of | See Glenmede Investment Hub
  • NAV / 1-Day Return 9.39  /  0.00
  • Total Assets 126.6 Mil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.12%
  • Effective Duration 10.21 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:15 PM GMT+0

Morningstar’s Analysis GHYMX

Will GHYMX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GHYMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the GHYMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of GHYMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Glenmede High Yield Municipal to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings GHYMX

More GHYMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ss2pwo9 Irs Usd R F 4.59500 Is2pwo9 Ccpois

3.49 4.7 Mil
Government

TEXAS TRANSN COMMN ST HWY FD REV 5%

3.36 4.5 Mil
municipal

Usd

2.98 4.0 Mil
Cash and Equivalents

Ss2pcl6 Irs Usd R F 4.12000 Is2pcl6 Ccpois

2.68 3.6 Mil
Government

DISTRICT COLUMBIA INCOME TAX REV 5%

1.82 2.4 Mil
municipal

Bs2saj9 Irs Usd R V 00msofr Is2sak0 Ccpois

1.65 2.2 Mil
Government

HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5%

0.98 1.3 Mil
municipal

COLORADO HEALTH FACS AUTH REV 5%

0.85 1.1 Mil
municipal

WISCONSIN ST TRANSN REV 5%

0.84 1.1 Mil
municipal

ARKANSAS ST DEV FIN AUTH INDL DEV REV 7.375%

0.82 1.1 Mil
municipal