GLLIX — Great Lakes Large Cap Value Fund
Data updated: 2022-11-21
GLLIX — Great Lakes Large Cap Value Fund. Developed ex-US Large Cap Value Equity · $34.31M AUM. Holdings, fees, performance and SEC filings.
GLLIX Fund Overview
GLLIX — Great Lakes Large Cap Value Fund is a US mutual fund managed by Managed Portfolio Series, categorised as Developed ex-US Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Managed Portfolio Series
- Category: Developed ex-US Large Cap Value Equity
- Assets under management: $34.31M
- 1-year return: -11.8%
- Ticker: GLLIX
- SEC CIK: 0001511699
- SEC series ID: S000038405
- Share class ID: C000118451
GLLIX Investment Objective and Strategy
Great Lakes Large Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Managed Portfolio Series.
Investment objective
The Great Lakes Large Cap Value Fund (the Fund) seeks total return.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities issued by large-capitalization (large cap) companies, including common and preferred stocks and convertible securities. The Fund considers a company to be a large cap company if it has a market capitalization, at the time of purchase, generally over $5 billion. It is anticipated that the Fund normally will invest in companies with market capitalizations over $5 billion. The Adviser utilizes an actively managed, bottom up strategy for the Fund that is designed to seek superior risk-adjusted performance. The Adviser focuses on three principles when selecting investments for the Fund. First, the Adviser analyzes a companys value or earning power, which is the companys ability to generate a profit for reinvestment in the company or distributions to shareholders.
The Adviser uses return on investment as the best representation of earning power and invests in companies with rising or high returns on invested capital. Second, the Adviser uses proven valuation methods to identify attractively priced companies based primarily on elements of earning power. Finally, the Adviser diversifies the portfolio in order to manage risk. The Fund typically invests in a portfolio of 35 to 55 companies. Stock selection is made by consensus of the Great Lakes Value Equity Team. From time to time, the Fund may focus its investments in securities of companies in the same economic sector, including the financial sector. In addition to investing in equity securities issued by large cap companies, the Fund may invest in other investment companies, including exchange-traded funds (ETFs), to the extent permitted by the Investment Company Act of 1940, as amended (the 1940 Act), in order to reduce cash balances and increase the Funds exposure to large cap companies.
The Fund may also invest up to 20% of its total assets in securities denominated in foreign currencies or with non-US headquartered companies that have American Depositary Receipts (ADRs) that trade on a United States exchange.
GLLIX Performance
Total returns for GLLIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -11.8% |
| 3 years (annualised) | 1.1% |
GLLIX Risk Information
Risk metrics for GLLIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.6%
GLLIX Costs and Fees
GLLIX costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.02%
- Portfolio turnover: 56%
- Brokerage commissions: 6.55 bps of average net assets (SEC N-CEN)
GLLIX Cashflows
Over the 12 months to 2022-09, Great Lakes Large Cap Value Fund had net inflows of $15.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | $341.12K |
| 2022-08 | $868.91K |
| 2022-07 | $503.52K |
| 2022-06 | $915.20K |
| 2022-05 | $687.28K |
| 2022-04 | $1.50M |
GLLIX Debt Constituents
No individual debt constituents are reported in Great Lakes Large Cap Value Fund's latest SEC N-PORT filing.
GLLIX Prospectus and SEC Filings
Official Great Lakes Large Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-07-27
- Prospectus (485BPOS) — filed 2021-07-27
- Prospectus (485BPOS) — filed 2020-08-07
- Portfolio holdings (N-PORT) — filed 2022-11-21
- Portfolio holdings (N-PORT) — filed 2022-08-09
- Portfolio holdings (N-PORT) — filed 2022-05-16
- Annual census (N-CEN) — filed 2022-06-13
- Annual census (N-CEN) — filed 2021-06-14
Related Funds
Other Developed ex-US Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.