PFFD


U.S. Preferred ETF

Fund Summary

The Global X U.S. Preferred ETF (PFFD) invests in a broad basket of U.S. preferred stocks, providing benchmark-like exposure to the asset class.

Morningstar Rating Overall rating out of 53 Preferred Stock funds, based on risk-adjusted returns as of 03/31/2021

Fund Objective

The Global X U.S. Preferred ETF (PFFD) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofAML Diversified Core U.S. Preferred Securities Index.

Why PFFD?

High Income Potential

PFFD invests in a broad basket of preferred stock in the U.S., an asset class that has historically offered high yield potential.

Low Expense Ratio

PFFD’s expense ratio is less than half the competitor average.^

Monthly Distributions

PFFD makes distributions on a monthly basis.

^Expense ratio was 54.5% lower than the competitor average net expense ratio as of 4/1/21, per ETF.com (category: “Fixed Income: U.S. – Corporate, Preferred”)

Fund Details As of 04/15/21

Key Facts

Ticker PFFD
Inception Date 09/11/17
CUSIP 37954Y657
ISIN US37954Y6573
Bloomberg Index Ticker PLCR
Primary Exchange NYSE Arca
Number of Holdings 304

Stats & Fees

Net Assets $1,578,341,829
Net Asset Value (NAV) $25.84
Shares Outstanding 61,090,000
Total Expense Ratio 0.23%

Distributions

30-Day SEC Yield 4.97%
12-Month Trailing Yield 5.24%
Distribution Yield 5.13%
Distribution Frequency Monthly

Fund Prices As of 04/15/21

NAV $25.84 Daily Change $0.13 0.52%
Market Price $25.84 Daily Change $0.12 0.47%
30-Day Median Bid-Ask Spread 0.04%

Performance History

As of recent month & quarter-end (03/31/21)
As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
1 Year 22.86% 22.39% 23.06%
3 Years 7.15% 7.20% 7.41%
Since Inception 6.10% 6.30% 6.35%
1 Year 22.86% 22.39% 23.06%
3 Years 7.15% 7.20% 7.41%
Since Inception 6.10% 6.30% 6.35%
Year-to-Date -0.54% -0.27% -0.27%
1 Month 2.41% 2.81% 2.59%
3 Months -0.54% -0.27% -0.27%
Since Inception 23.42% 24.26% 24.44%
Year-to-Date -0.54% -0.27% -0.27%
1 Month 2.41% 2.81% 2.59%
3 Months -0.54% -0.27% -0.27%
Since Inception 23.42% 24.26% 24.44%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.07 AVGO AVGO 8 09/30/22 BKTDW14 1,515.72 32,395 49,101,749.40
2.95 WFC WFC 7 1/2 PERP B3KRSW9 1,465.30 32,146 47,103,533.80
2.24 BAC BAC 7 1/4 PERP B2PB3Z7 1,434.99 24,971 35,833,135.29
1.39 ALLY ALLY 5.98263 02/15/40 B4066X0 25.60 864,309 22,126,310.40
1.37 DHR DHR 4 3/4 04/15/22 BJRJK13 1,647.93 13,289 21,899,341.77
1.32 NEE NEE 5.279 03/01/23 BKPX575 52.31 404,466 21,157,616.46
1.26 C C 6.5815 10/30/40 B3Z1BZ0 27.80 725,279 20,162,756.20
1.19 DHR DHR 5 04/15/23 BMVWZV4 1,370.88 13,808 18,929,111.04
1.06 NEE NEE 6.219 09/01/23 BMGX880 52.48 323,039 16,953,086.72
1.06 AVTR AVTR 6 1/4 05/15/22 BJXKL39 101.19 166,936 16,892,253.84
1.06 JPM JPM 6 PERP BJ2KBT6 28.23 597,829 16,876,712.67
1.05 WFC WFC 4 3/4 PERP BJVB6B7 25.79 650,185 16,768,271.15
1.01 BDX BDX 6 06/01/23 BL6D429 58.14 278,294 16,180,013.16
0.95 JPM JPM 5 3/4 PERP BFY34D0 27.69 547,394 15,157,339.86
0.94 APTV APTV 5 1/2 06/15/23 BMHMX69 161.88 92,719 15,009,351.72
0.94 WFC WFC 5.85 PERP BCD53N9 26.92 556,822 14,989,648.24
0.93 NEE NEE 4.872 09/01/22 BK4W313 61.04 242,045 14,774,426.80
0.92 SO SO 6 3/4 08/01/22 BJM06B3 52.90 278,143 14,713,764.70
0.92 PCG PCG 5 1/2 08/16/23 BMG7600 113.82 129,051 14,688,584.82
0.90 T T 4 3/4 PERP BLL1ZY7 25.45 564,560 14,368,052.00
0.85 C C 6 7/8 PERP BG05028 28.11 482,161 13,553,545.71
0.84 D D 7 1/4 06/01/22 BJCXSC7 102.99 129,642 13,351,829.58
0.83 KKR KKR 6 09/15/23 BMH17T7 71.89 185,154 13,310,721.06
0.80 PNC PNC 6 1/8 PERP B7Y1SH0 26.43 483,430 12,777,054.90
0.80 COF COF 5 PERP BGMJPW3 26.43 483,194 12,770,817.42
0.78 BAC BAC 5 3/8 PERP BJN6RX9 27.79 450,208 12,511,280.32
0.76 BAC BAC 6 PERP BFZNM46 27.88 434,620 12,117,205.60
0.74 JPM JPM 6.1 PERP BYR8ZJ8 25.71 458,738 11,794,153.98
0.72 BAC BAC 5 PERP BKVJXF1 27.19 421,479 11,460,014.01
0.71 T T 5.35 11/01/66 BF545Q2 26.48 425,599 11,269,861.52
0.67 GS GS 4 PERP B15CKS5 24.80 433,944 10,761,811.20
0.65 QRTEV QURATE RETAIL INC-PFD BMH2T16 103.80 100,288 10,409,894.40
0.65 COF COF 4.8 PERP BK9PWX2 25.65 401,642 10,302,117.30
0.64 T T 5 PERP BKPK060 26.56 385,554 10,240,314.24
0.63 ALL ALL 5.1 PERP BKDKS91 27.19 369,527 10,047,439.13
0.61 WFC WFC 4.7 PERP BMYVT83 25.82 375,722 9,701,142.04
0.60 WFC WFC 5 1/2 PERP BD1JXH4 25.83 369,293 9,538,838.19
0.59 DTE DTE 6 1/4 11/01/22 BKFW237 51.25 184,435 9,452,293.75
0.59 JPM JPM 6.15 PERP BYY9TN6 25.57 369,284 9,442,591.88
0.58 MS MS 5.85 PERP BYYYY81 28.80 320,941 9,243,100.80
0.57 MS MS 4 PERP B1802M4 24.94 367,534 9,166,297.96
0.57 MS MS 6 3/8 PERP BQT2G00 28.55 320,915 9,162,123.25
0.57 BAC BAC 6.45 12/15/66 BF2PL60 27.10 336,689 9,124,271.90
0.57 BSX BSX 5 1/2 06/01/23 BMH5QL4 112.45 80,562 9,059,196.90
0.56 BAC BAC 4 3/8 PERP BMVXBP3 25.55 352,694 9,011,331.70
0.56 C C 7 1/8 PERP BDX8YP4 28.10 317,416 8,919,389.60
0.56 DUK DUK 5 3/4 PERP BJXH6L3 27.71 320,779 8,888,786.09
0.56 GS GS 5 1/2 PERP B96KM33 27.67 320,656 8,872,551.52
0.54 SO SO 4.95 01/30/80 BKM3QB9 26.85 320,495 8,605,290.75
0.54 MET MET 4 3/4 PERP BL3BQ19 26.76 320,532 8,577,436.32
0.52 CTL CTL 6 1/2 09/01/56 BZ4C835 25.58 327,266 8,371,464.28
0.52 MS MS 7 1/8 PERP BF4YJ94 28.68 288,379 8,270,709.72
0.52 AEGON AEGON 5.1 12/15/49 BK59DD5 26.64 309,741 8,251,500.24
0.52 ATH ATH 6.35 PERP BK1MHD6 28.45 288,963 8,220,997.35
0.51 USB USB 3 1/2 PERP B125QN4 24.42 334,938 8,179,185.96
0.51 TFC TFC 4 3/4 PERP BLD4B13 26.36 309,711 8,163,981.96
0.51 WFC WFC 6 5/8 PERP BH7Y8S7 28.79 281,081 8,092,321.99
0.50 JPM JPM 4 3/4 PERP BK57WX2 26.54 301,294 7,996,342.76
0.50 MS MS 6 7/8 PERP BH5QGM5 28.09 284,636 7,995,425.24
0.49 BAC BAC 5 7/8 PERP BYVQZ09 27.58 286,054 7,889,369.32
0.47 T T 5 5/8 08/01/67 BDDJDF0 27.33 276,805 7,565,080.65
0.47 BAC BAC 6 PERP BD1LY22 25.04 301,489 7,549,284.56
0.47 MET MET 5 5/8 PERP BG43LW5 27.88 269,944 7,526,038.72
0.47 SWK SWK 5 1/4 11/15/22 BH07MK3 124.00 59,936 7,432,064.00
0.46 AEP AEP 6 1/8 08/15/23 BMH1V51 51.22 142,614 7,304,689.08
0.45 F F 6 12/01/59 BJP1KW2 26.80 268,426 7,193,816.80
0.45 EQH EQH 5 1/4 PERP BKRMRC9 26.70 268,462 7,167,935.40
0.45 STT STT 5.9 PERP BK4Z903 28.39 251,799 7,148,573.61
0.44 SRE SRE 5 3/4 07/01/79 BK8LV34 27.65 254,268 7,030,510.20
0.44 SO SO 5 1/4 10/01/76 BD1LVM1 26.11 268,449 7,009,203.39
0.43 D D 5 1/4 07/30/76 BZ4SNC7 25.74 268,479 6,910,649.46
0.43 GS GS 6 3/8 PERP BLTV2N7 29.02 235,113 6,822,979.26
0.43 F F 6.2 06/01/59 BJ029D4 26.93 252,007 6,786,548.51
0.42 ET ET 7.6 PERP BNZGZ86 25.18 268,915 6,771,279.70
0.42 SYF SYF 5 5/8 PERP BK77YC3 26.66 252,050 6,719,653.00
0.41 NEE NEE 5.65 03/01/79 BH3JGK4 28.47 230,917 6,574,206.99
0.40 SCHW SCHW 5.95 PERP BYPFT55 25.47 252,088 6,420,681.36
0.40 IIVI IIVI 6 07/01/23 BMQ68M3 331.42 19,333 6,407,342.86
0.40 SO SO 4.2 10/15/60 BMGS0L2 25.14 252,306 6,342,972.84
0.39 GS GS 3 3/4 PERP B07GC93 24.41 252,402 6,161,132.82
0.39 WFC WFC 5 5/8 PERP BYQHXS1 26.53 231,966 6,154,057.98
0.37 SBNY SBNY 5 PERP BN4GB67 25.63 232,050 5,947,441.50
0.37 CMS CMS 5 7/8 03/01/79 BJJP666 27.85 212,040 5,905,314.00
0.37 CTL CTL 6 3/4 06/15/57 BD2ZSL0 26.24 222,122 5,828,481.28
0.36 GS GS 6.3 PERP BYN4DS5 25.48 227,266 5,790,737.68
0.36 ATH ATH 6 3/8 PERP BMG0ZK2 28.29 202,083 5,716,928.07
0.36 WFC WFC 5 1/8 PERP B92RRY4 25.91 218,782 5,668,641.62
0.35 WCC WCC 10 5/8 PERP BLFBXS3 31.05 181,701 5,641,816.05
0.34 HIG HIG 7 7/8 04/15/42 B5T5F94 27.06 202,127 5,469,556.62
0.34 TFC TFC 5 1/4 PERP BMFYGG8 28.04 193,864 5,435,946.56
0.34 ENBCN ENBCN 6 3/8 04/15/78 BF5FN05 26.79 202,154 5,415,705.66
0.34 USB USB 5 1/2 PERP BDT6C58 27.93 193,765 5,411,856.45
0.34 ALL ALL 5 5/8 PERP BD5F0W2 27.92 193,806 5,411,063.52
0.33 PRU PRU 5 5/8 08/15/58 BG844G9 27.98 190,623 5,333,631.54
0.33 SABR SABR 6 1/2 09/01/23 BMW4RS0 188.75 28,058 5,295,947.50
0.33 PSA PSA 4 5/8 PERP BLFGL51 27.52 190,752 5,249,495.04
0.33 COF COF 5.2 PERP BD1RB41 25.75 202,370 5,211,027.50
0.33 MET MET 4 PERP B0B87W3 25.64 202,364 5,188,612.96
0.32 KEY KEY 6 1/8 PERP BYQR0N5 30.65 168,670 5,169,735.50
0.32 SCHW SCHW 6 PERP BYVF5L7 25.39 202,316 5,136,803.24
0.32 HBAN HBAN 6 1/4 PERP BYY97B0 25.38 202,322 5,134,932.36
0.31 STT STT 5.35 PERP BYPK477 29.45 168,671 4,967,360.95
0.31 NEE NEE 5 1/4 06/01/76 BYSXXN2 25.64 192,254 4,929,392.56
0.31 RF RF 6 3/8 PERP BLZHDQ9 28.87 168,793 4,873,053.91
0.30 WTRG WTRG 6 04/30/22 BJLTRC9 59.06 81,953 4,840,144.18
0.30 NYCB NYCB 6 3/8 PERP BYVLYP2 27.56 173,845 4,791,168.20
0.30 BHF BHF 5 3/8 PERP BN0TD19 26.49 180,363 4,777,815.87
0.30 AXS AXS 5 1/2 PERP BD2Z8N2 25.57 185,716 4,748,758.12
0.30 AIG AIG 5.85 PERP BJM0FP0 27.98 168,827 4,723,779.46
0.29 RF RF 5.7 PERP BJMXZX7 27.75 168,839 4,685,282.25
0.29 NI NI 6 1/2 PERP BGYJZ76 27.47 168,839 4,638,007.33
0.29 ATH ATH 4 7/8 PERP BMC8G63 25.30 181,501 4,591,975.30
0.29 DUK DUK 5 5/8 09/15/78 BFNR2X9 27.04 168,854 4,565,812.16
0.28 ALL ALL 5.1 01/15/53 B87XV26 26.78 168,939 4,524,186.42
0.28 MS MS 4 7/8 PERP BK6JGG8 26.58 168,971 4,491,249.18
0.28 USB USB 3 1/2 PERP B617Z40 940.00 4,765 4,479,100.00
0.28 RF RF 6 3/8 PERP B8W4W09 26.35 168,938 4,451,516.30
0.27 USM USM 6 1/4 09/01/69 BMGR6C2 26.60 161,733 4,302,097.80
0.27 ELAN ELAN 5 02/01/23 BL1NKG0 45.92 93,029 4,271,891.68
0.27 DUK DUK 5 1/8 01/15/73 B99GW27 26.26 161,736 4,247,187.36
0.26 CASH 1.00 4,205,359 4,205,359.32
0.26 COF COF 6 PERP BD06CY6 25.99 161,733 4,203,440.67
0.26 PRU PRU 4 1/8 09/01/60 BLB2465 25.85 161,732 4,180,772.20
0.26 QVCN QVCN 6 1/4 11/26/68 BKVHZH1 25.67 161,778 4,152,841.26
0.26 FITB FITB 6 5/8 PERP BH58353 28.42 145,809 4,143,891.78
0.26 KEY KEY 5 5/8 PERP BJHDLJ0 28.05 145,802 4,089,746.10
0.25 FRC FRC 4 1/8 PERP BN78F13 25.07 161,731 4,054,596.17
0.25 USM USM 5 1/2 03/01/70 BN7J7C1 25.69 157,095 4,035,770.55
0.25 SO SO 5 1/4 12/01/77 BF0WD23 26.91 145,800 3,923,478.00
0.24 CFG CFG 5 PERP BK229B7 26.37 145,795 3,844,614.15
0.24 TFC TFC 5 5/8 PERP BKPGBP4 25.45 150,725 3,835,951.25
0.24 USB USB 3 3/4 PERP BMFV904 24.35 156,679 3,815,133.65
0.24 EIX EIX 5 PERP BDC3P68 24.80 153,768 3,813,446.40
0.24 PPL PPL 5.9 04/30/73 B7K90G1 26.12 145,792 3,808,087.04
0.24 KEY KEY 5.65 PERP BYWLBZ0 27.68 137,473 3,805,252.64
0.24 BHF BHF 6.6 PERP BJ0M332 27.66 137,473 3,802,503.18
0.24 ESGR ESGR 7 PERP BFXXB52 29.10 129,352 3,764,143.20
0.24 ACGL ACGL 5 1/4 PERP BDG1706 25.73 145,788 3,751,125.24
0.23 QTS QTS 6 1/2 PERP BFXX8T5 146.72 25,517 3,743,854.24
0.23 BHF BHF 6 3/4 PERP BM9JJ93 28.39 130,218 3,696,889.02
0.23 RGA RGA 5 3/4 06/15/56 BYT3Q98 28.30 129,356 3,660,774.80
0.23 ETP 7 5/8 PERP BNZGZ31 24.96 143,788 3,588,948.48
0.22 ET ET 7 3/8 PERP BNZGZ19 24.57 145,736 3,580,733.52
0.22 NTRS NTRS 4.7 PERP BKFVZR9 27.36 129,348 3,538,961.28
0.22 BAC BAC 4 PERP B1VN1F6 25.43 136,372 3,467,939.96
0.22 AEL AEL 5.95 PERP BL4Q3H8 26.71 129,337 3,454,591.27
0.22 PBI PBI 6.7 03/07/43 B9CDPW6 25.00 137,421 3,435,525.00
0.22 RGA RGA 6.2 09/15/42 B711QX5 26.51 129,349 3,429,041.99
0.21 ETR ETR 4 7/8 09/01/66 BZC0L09 25.79 132,844 3,426,046.76
0.21 DTE DTE 5 1/4 12/01/77 BF3L703 26.32 129,345 3,404,360.40
0.21 FRC FRC 4.7 PERP BKBKSZ9 25.87 127,909 3,309,005.83
0.21 BHF BHF 6 1/4 09/15/58 BF5JWJ9 27.08 121,565 3,291,980.20
0.20 NSUS NSUS 6.92375 01/15/43 B8S0HY0 24.62 130,469 3,212,146.78
0.20 HIG HIG 6 PERP BF5J7D8 28.58 111,589 3,189,213.62
0.20 AQNCN 6.2 07/01/79 PFD BFYWGC0 27.95 113,140 3,162,263.00
0.19 SIVB SIVB 5 1/4 PERP BKTQ1Y9 27.41 113,131 3,100,920.71
0.19 CHNG CHNG 6 06/30/22 BKFVFB3 77.50 40,006 3,100,465.00
0.19 DLR DLR 5.2 PERP BKLXG10 27.65 111,578 3,085,131.70
0.19 RLJ RLJ 1.95 PERP BF2N465 29.21 104,208 3,043,915.68
0.19 BAMACN BAMACN 4 5/8 10/16/80 BNHQ5L7 24.66 122,757 3,027,187.62
0.19 SNV SNV 5 7/8 PERP BKFHSG7 26.73 113,130 3,023,964.90
0.19 FCNCA FCNCA 5 3/8 PERP BLHLTL6 26.85 111,576 2,995,815.60
0.18 VER VER 6.7 PERP BYVVTL3 25.40 115,900 2,943,860.00
0.18 ATH ATH 5 5/8 PERP BKWG6L8 26.38 111,574 2,943,322.12
0.18 PSA PSA 4.9 PERP BYW9GN7 25.95 113,126 2,935,619.70
0.18 NNN NNN 5.2 PERP BYVQWP3 25.92 111,568 2,891,842.56
0.18 KKR KKR 6 3/4 PERP BG1FRV5 25.84 111,575 2,883,098.00
0.18 PSA PSA 4 7/8 PERP BK598B8 27.76 102,430 2,843,456.80
0.18 ACGL ACGL 5.45 PERP BF956G8 26.60 106,665 2,837,289.00
0.18 PSB PSB 4 7/8 PERP BKRKN47 27.00 105,077 2,837,079.00
0.18 WFC WFC 5.2 PERP B7SJFQ8 26.01 108,321 2,817,429.21
0.17 CFG CFG 6.35 PERP BGPFT82 28.25 97,122 2,743,696.50
0.17 VOYA VOYA 5.35 PERP BJGS497 28.24 97,118 2,742,612.32
0.17 VNO VNO 5 1/4 PERP BF5LLD2 26.50 103,351 2,738,801.50
0.17 PRUFIN PRUFIN 6 1/2 PERP B0G4027 28.09 97,119 2,728,072.71
0.17 AMG AMG 5 7/8 03/30/59 BJVJZF8 27.98 97,114 2,717,249.72
0.17 PSA PSA 4.95 PERP BD0PB79 25.74 105,069 2,704,476.06
0.17 FRC FRC 5 1/2 PERP BZ1NVR6 27.63 97,112 2,683,204.56
0.17 AEL AEL 6 5/8 PERP BMTD3B5 27.50 97,113 2,670,607.50
0.17 PSA PSA 5.6 PERP BGMHQB3 28.74 92,185 2,649,396.90
0.16 NSUS NSUS 7 5/8 PERP BF0XV77 21.11 124,306 2,624,099.66
0.16 DHC DHC 5 5/8 08/01/42 BKRTG67 23.19 113,103 2,622,858.57
0.16 UNM UNM 6 1/4 06/15/58 BFYF0S3 26.95 97,112 2,617,168.40
0.16 BAC NEW YORK BAC 4 PERP B1GH4Y3 25.44 102,718 2,613,145.92
0.16 APO APO 6 3/8 PERP BKRLVK2 26.82 97,112 2,604,543.84
0.16 ALL ALL 4 3/4 PERP BK727P2 26.79 97,112 2,601,630.48
0.16 PSA PSA 5.05 PERP BF7PKX5 26.63 97,109 2,586,012.67
0.16 WRB WRB 5.1 12/30/59 BJBK4B0 26.60 97,107 2,583,046.20
0.16 WTFC WTFC 6 7/8 PERP BMTCNN4 27.70 92,916 2,573,773.20
0.16 AQNCN AQNCN 6 7/8 10/17/78 BG0V242 27.64 92,913 2,568,115.32
0.16 EIX EIX 5 3/8 PERP BYX6KN5 25.35 100,068 2,536,723.80
0.16 EIX EIX 5.45 PERP BYQ69C4 26.10 97,098 2,534,257.80
0.16 PSA PSA 3 7/8 PERP BLFKCL6 25.64 98,655 2,529,514.20
0.16 OPI OPI 5 7/8 05/01/46 BDCRX99 25.14 100,130 2,517,268.20
0.16 DTE DTE 5 3/8 06/01/76 BDB4PB7 25.91 97,099 2,515,835.09
0.16 VNO VNO 5.7 PERP B7VQQR4 25.90 97,095 2,514,760.50
0.16 GL GL 6 1/8 06/15/56 BK6YKM7 25.87 97,110 2,512,235.70
0.16 CMS CMS 5 7/8 10/15/78 BFXBC20 27.68 90,618 2,508,306.24
0.16 VNO VNO 5.4 PERP B8K7RN8 25.81 97,094 2,505,996.14
0.16 USM USM 7 1/4 12/01/64 BYSXBT4 25.58 97,095 2,483,690.10
0.16 VNO VNO 5 1/4 PERP BMWB4M4 26.83 92,072 2,470,291.76
0.15 PSA PSA 5.15 PERP BYZ2PF8 26.86 90,606 2,433,677.16
0.15 AHL AHL 5.95 PERP B94QMV1 27.25 89,080 2,427,430.00
0.15 PRE PRE 7 1/4 PERP BD36RR1 25.28 94,888 2,398,768.64
0.15 DTE DTE 6 12/15/76 BDDN1W5 26.39 90,606 2,391,092.34
0.15 NAVI NAVI 6 12/15/43 BDRW5R1 24.50 97,091 2,378,729.50
0.15 WRB WRB 5 3/4 06/01/56 BYT15X9 25.37 93,581 2,374,149.97
0.15 SO SO 5 10/01/77 BZ60HT6 27.15 87,246 2,368,728.90
0.15 PSA PSA 4.7 PERP BK72JQ7 27.84 83,795 2,332,852.80
0.15 TDS TDS 7 03/15/60 B63XQQ5 25.24 92,131 2,325,386.44
0.15 APO APO 6 3/8 PERP BKRLVJ1 26.09 89,083 2,324,175.47
0.15 AMG AMG 4 3/4 09/30/60 BN0VM18 25.97 89,079 2,313,381.63
0.15 EIX EIX 5 3/4 PERP BK74GK6 25.93 89,063 2,309,403.59
0.14 KIM KIM 5 1/4 PERP BD0RST6 26.70 85,565 2,284,585.50
0.14 SR SR 5.9 PERP BJV8KN8 28.08 80,740 2,267,179.20
0.14 RNR RNR 5 3/8 PERP BB2BRH3 25.45 89,072 2,266,882.40
0.14 PRUFIN PRUFIN 6 3/4 PERP B02FFZ2 28.06 80,742 2,265,620.52
0.14 USM USM 7 1/4 12/01/63 BSS6JM0 25.32 89,072 2,255,303.04
0.14 ETR ETR 4 7/8 09/01/66 BD0S963 25.80 87,233 2,250,611.40
0.14 PBCT PBCT 5 5/8 PERP BYX8VH2 27.84 80,743 2,247,885.12
0.14 FITB FITB 4.95 PERP BKKBGL5 27.69 80,740 2,235,690.60
0.14 BPY BPY 5 3/4 PERP BLK7825 23.94 92,855 2,222,948.70
0.14 RNR RNR 5 3/4 PERP BFMZ665 27.51 80,744 2,221,267.44
0.14 AMH AMH 6 1/2 PERP BYYM2P8 25.56 86,808 2,218,812.48
0.14 AHL AHL 5 5/8 PERP BD915N2 27.13 80,733 2,190,286.29
0.14 NRUC NRUC 5 1/2 05/15/64 BJBL059 26.88 80,751 2,170,586.88
0.14 ETR ETR 4.9 10/01/66 BD5NDN8 25.74 84,144 2,165,866.56
0.14 TVA TVA 2.134 06/01/28 2612674 26.32 82,176 2,162,872.32
0.14 SO SO 5 PERP BF2FQN2 26.76 80,744 2,160,709.44
0.13 AHL AHL 5 5/8 PERP BKDJPD1 26.49 80,729 2,138,511.21
0.13 AL AL 6.15 PERP BJR4L26 26.36 80,731 2,128,069.16
0.13 BAC BAC 3 PERP B06H0T3 21.92 96,708 2,119,839.36
0.13 PSA PSA 4 3/4 PERP BKSD8W8 28.01 74,284 2,080,694.84
0.13 BC BC 6 3/8 04/15/49 BJT13Z2 27.96 74,278 2,076,812.88
0.13 AEGON AEGON 4 PERP B0VR708 25.37 80,722 2,047,917.14
0.13 OAK OAK 6.55 PERP BG4SNK2 26.95 75,804 2,042,917.80
0.13 SF SF 6 1/8 PERP BMDX0S7 27.90 72,867 2,032,989.30
0.13 AIZ AIZ 5 1/4 01/15/61 BLD4BS0 26.35 75,788 1,997,013.80
0.12 PSB PSB 5 1/4 PERP BYWJV43 26.72 74,269 1,984,467.68
0.12 DHC DHC 6 1/4 02/01/46 BKRTG78 24.45 80,715 1,973,481.75
0.12 PSA PSA 4 1/8 PERP BKPVDZ3 26.50 74,274 1,968,261.00
0.12 TVA TVA 2.216 05/01/29 2520249 26.24 74,933 1,966,241.92
0.12 SF SF 5.2 10/15/47 BD9FPT0 26.82 72,855 1,953,971.10
0.12 KIM KIM 5 1/8 PERP BF47T71 26.60 72,857 1,937,996.20
0.12 AGO AGO 6 1/4 11/01/02 2094603 25.95 74,266 1,927,202.70
0.12 DLR DLR 5.85 PERP BJR2164 28.30 67,915 1,921,994.50
0.12 SLG SLG 6 1/2 PERP B89P3T1 25.70 74,261 1,908,507.70
0.12 AMH AMH 6.35 PERP BD4FGR0 25.67 74,263 1,906,331.21
0.12 BPY BPY 6 3/8 PERP BK1KVK5 25.10 75,692 1,899,869.20
0.12 AFG AFG 5 1/8 12/15/59 BJQY934 27.52 66,696 1,835,473.92
0.11 CMS CMS 5 5/8 03/15/78 BYWSYZ2 26.97 66,764 1,800,625.08
0.11 BEPUCN BEPUCN 5 1/4 PERP BL0FH99 26.23 67,725 1,776,426.75
0.11 LNT LNT 5.1 PERP B9FH785 26.59 66,726 1,774,244.34
0.11 SNV SNV 6.3 PERP BG1FRQ0 26.45 66,597 1,761,490.65
0.11 DTE DTE 4 3/8 10/15/80 BMY4XS0 25.42 69,064 1,755,606.88
0.11 DLR DLR 5 1/4 PERP BD0YJ83 26.83 64,739 1,736,947.37
0.11 CIT CIT 5 5/8 PERP BK7G7H6 26.65 64,743 1,725,400.95
0.11 PSA PSA 5 1/8 PERP BYYTYR5 25.77 66,725 1,719,503.25
0.11 TDS TDS 6 7/8 11/15/59 B3Q79Y2 25.39 67,690 1,718,649.10
0.11 BAMACN BAMACN 4 1/2 PERP BLD4BQ8 24.92 68,176 1,698,945.92
0.11 SJI SJI 5 5/8 09/16/79 BKMGY03 26.10 64,734 1,689,557.40
0.11 BIP BIP 5 1/8 PERP BL55WZ5 25.98 64,738 1,681,893.24
0.11 GS GS 4 PERP B0N0V47 25.18 66,450 1,673,211.00
0.10 DLR DLR 6 5/8 PERP BF99WK6 25.22 65,001 1,639,325.22
0.10 WRB WRB 5.7 03/30/58 BFMXK34 27.20 59,814 1,626,940.80
0.10 BAC BAC 4 PERP B0PR2S7 25.82 62,799 1,621,470.18
0.10 PSB PSB 5.2 PERP BYM78Y6 25.79 61,164 1,577,419.56
0.10 TCF 5.7 PERP BK9HD57 26.43 59,028 1,560,110.04
0.10 TRTN TRTN 7 3/8 PERP BK26FC2 26.94 57,762 1,556,108.28
0.10 FULT FULT 5 1/8 PERP BN7NYQ6 25.83 59,815 1,545,021.45
0.10 BXS BXS 5 1/2 PERP BK72QR7 26.59 57,414 1,526,638.26
0.10 HWC HWC 6 1/4 06/15/60 BMXB7Y6 27.36 55,737 1,524,964.32
0.10 SITC SITC 6 3/8 PERP BGL0NT0 26.43 57,686 1,524,640.98
0.09 SIGI SIGI 4.6 PERP BNHP5W5 25.18 59,536 1,499,116.48
0.09 TFC TFC 4 PERP BKMF2F1 26.16 57,272 1,498,235.52
0.09 OPI OPI 6 3/8 06/23/50 BK80YB0 27.25 52,462 1,429,589.50
0.09 NSUS NSUS 9 PERP BD1KJ79 24.75 55,682 1,378,129.50
0.09 AFG AFG 5 5/8 06/01/60 BMWJ1L6 28.39 48,516 1,377,369.24
0.09 BPY BPY 6 1/2 PERP BJHJQ37 25.22 54,333 1,370,278.26
0.09 FHN FHN 6 1/2 PERP BMH5VC0 27.97 48,513 1,356,908.61
0.08 ARGO ARGO 7 PERP BMVZ8X6 27.35 48,505 1,326,611.75
0.08 AMH AMH 5 7/8 PERP BD34WL4 26.45 49,927 1,320,569.15
0.08 PSA PSA 3.9 PERP BMW9C79 26.18 49,754 1,302,559.72
0.08 TRTN TRTN 6 7/8 PERP BKX9W41 26.33 49,461 1,302,308.13
0.08 KKR KKR 6 1/2 PERP BGDQBR0 25.73 49,937 1,284,879.01
0.08 FRT FRT 5 PERP BF8PCZ0 26.31 48,500 1,276,035.00
0.08 EPR EPR 5 3/4 PERP BF0WJH0 25.71 48,468 1,246,112.28
0.08 BOKF BOKF 5 3/8 06/30/56 BD37ZJ2 25.36 48,493 1,229,782.48
0.07 WTFC WTFC 6 1/2 PERP BYRYFQ3 27.97 42,380 1,185,368.60
0.07 NYCB NYCB 6 11/01/51 2049603 50.50 23,466 1,185,033.00
0.07 TRTN TRTN 8 PERP BJK4N72 27.89 41,664 1,162,008.96
0.07 EPR EPR 5 3/4 PERP B8MGH66 26.32 43,502 1,144,972.64
0.07 BC BC 6 5/8 01/15/49 BH42ZM7 27.73 40,494 1,122,898.62
0.07 CFR CFR 4.45 PERP BNKVVC2 25.13 44,267 1,112,429.71
0.07 FMBI FMBI 7 PERP BLB3048 27.90 39,436 1,100,264.40
0.07 FTAI FTAI 8 PERP BL4PTS8 25.96 42,093 1,092,734.28
0.07 DCOM 5 1/2 PERP BMFZ6W7 25.18 42,688 1,074,883.84
0.07 COF COF 4 5/8 PERP BLNPMY6 25.81 40,481 1,044,814.61
0.06 STAR STAR 7 1/2 PERP 2440518 25.47 39,415 1,003,900.05
0.06 FMBI FMBI 7 PERP BMZNBV5 27.90 34,924 974,379.60
0.06 AMH AMH 5 7/8 PERP BDFG5B9 26.25 37,098 973,822.50
0.06 QTS QTS 7 1/8 PERP BFZ1JT4 27.99 34,574 967,726.26
0.06 ASB ASB 5 5/8 PERP BMTD069 28.85 32,180 928,393.00
0.05 RC RC 7 08/15/23 BDFS3K0 26.60 31,946 849,763.60
0.05 FTAI FTAI 8 1/4 PERP BK5W914 25.94 28,608 742,091.52
Holdings are subject to change.


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The Morningstar Ratingfor funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 3/31, PFFD was rated against the following number of Preferred Stock funds over the following time periods: 53 during the last 3 years. With respect to these Preferred Stock funds, PFFD received a Morningstar Rating of 4 stars. Past performance is not indicative of future results.

Investing involves risk, including the possible loss of principal. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stock may not pay a dividend, an issuer may suspend payment of dividends on preferred stock at any time, and in certain situations, an issuer may call or redeem its preferred stock or convert it to common stock. High yielding stocks are often speculative, high-risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance. PFFD is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in shares, the NAV of the Fund is used to calculate market returns.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by BofA Merrill Lynch, nor does BofA Merrill Lynch make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with BofA Merrill Lynch. (BofA Merrill Lynch indexes are “as is”. BofA Merrill Lynch makes no representations or warranties and disclaims all liability arising from the BofA Merrill Lynch indexes or their use.)