Fund Description
The Global X Variable Rate Preferred ETF (PFFV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index. The ICE U.S. Variable Rate Preferred Securities Index tracks the performance of floating rate and fixed-to-floating rate exchange-listed U.S. dollar denominated preferred and convertible preferred securities publicly issued in the U.S. domestic market.
Fund Profile
Fund Name Global X Variable Rate Preferred ETF
Fund Exchange Ticker PFFV
Fund Sponsor Global X
Fund ISIN US37954Y3760
Net Expense Ratio 0.25 %
Fund Inception Date 22 June 2020
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name ICE U.S. Variable Rate 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 17 March 2023
Asset Under Management 257.44 Million (USD)
1 Month Total Return -9.78 %
Year To Date Return -3.02 %
1 Year Total Return -15.00 %
3 Year Annualized Total Return
NAV 21.78
Share Outstanding 11,820,000
Top 10 Holdings (17 March 2023)
Constituent Name Constituent Ticker Constituent Type Weighting
GS 5.52929 PERP GS F PERP D PREF 0.0390000000
BAC 6.45 12/15/66 PREF 0.0372000000
USB 5.84971 PERP USB V3.5 PERP A PREF 0.0362000000
WFC 6 5/8 PERP WFC V6.625 PERP R PREF 0.0309000000
MS 6 3/8 PERP MS V6.375 PERP I PREF 0.0293000000
MS 5.85 PERP MS V5.85 PERP K PREF 0.0284000000
USB 5.39243 PERP USB F PERP B* PREF 0.0279000000
ET 7.6 PERP ET V7.6 PERP E PREF 0.0276000000
STT 5.9 PERP STT V5.9 PERP D PREF 0.0261000000
GS 6 3/8 PERP GS V6.375 PERP K PREF 0.0260000000