Fund Description
The Global X U.S. Preferred ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Merrill Lynch Diversified Core U.S. Preferred Securities Index. The Underlying Index is designed to track the broad-based performance of the U.S. preferred securities market. The Underlying Index includes different categories of preferred stock, such as floating, variable and fixed-rate preferreds, cumulative and non-cumulative preferreds, and trust preferreds.
Fund Profile
Fund Name Global X US Preferred ETF
Fund Exchange Ticker PFFD
Fund Sponsor Global X
Fund ISIN US37954Y6573
Net Expense Ratio 0.23 %
Fund Inception Date 11 September 2017
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name ICE BofA Merrill Lynch Diversified Core U.S. Preferred Securities Index
Index Provider ICE Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 303.03 Million (USD)
1 Month Total Return 1.22 %
Year To Date Return 10.77 %
1 Year Total Return 6.29 %
3 Year Annualized Total Return
NAV 24.34
Share Outstanding 12,450,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
WFC 7 1/2 PERP PREF 0.0351800000
BAC 7 1/4 PERP PREF 0.0274900000
BDX 6 1/8 05/01/20 PREF 0.0193800000
ALLY 8.303 02/15/40 PREF 0.0187100000
C 8.95275 10/30/40 PREF 0.0166200000
CCI 6 7/8 08/01/20 PREF 0.0163300000
SRE 6 01/15/21 PREF 0.0130700000
JPM 5 3/4 PERP PREF 0.0121200000
WFC 5.85 PERP PREF 0.0119000000
C 6 7/8 PERP PREF 0.0110200000