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 57 Preferred Stock funds, based on risk-adjusted returns as of 06/30/2021

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.1

Monthly Distributions

PFFD makes distributions on a monthly basis.

1Expense ratio was 52.2% lower than the competitor average net expense ratio as of 7/1/21, per ETF.com (category: “Fixed Income: U.S. – Corporate, Preferred”)

Fund Details As of 07/23/21

Key Facts

Ticker PFFD
Inception Date 09/11/17
CUSIP 37954Y657
ISIN US37954Y6573
Bloomberg Index Ticker PLCR
Primary Exchange NYSE Arca
Number of Holdings 264

Stats & Fees

Net Assets $2,174,393,733
Net Asset Value (NAV) $25.94
Shares Outstanding 83,840,000
Total Expense Ratio 0.23%

Distributions

30-Day SEC Yield 4.67%
12-Month Trailing Yield 5.16%
Distribution Yield 4.95%
Distribution Frequency Monthly

Fund Prices As of 07/23/21

NAV $25.94 Daily Change $0.07 0.28%
Market Price $25.97 Daily Change $0.08 0.31%
30-Day Median Bid-Ask Spread 0.04%

Performance History

As of recent month & quarter-end (06/30/21)
As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Index
1 Year 17.61% 17.23% 17.76%
3 Years 8.18% 8.21% 8.39%
Since Inception 6.80% 6.95% 7.00%
1 Year 17.61% 17.23% 17.76%
3 Years 8.18% 8.21% 8.39%
Since Inception 6.80% 6.95% 7.00%
Year-to-Date 3.51% 3.62% 3.66%
1 Month 1.83% 1.90% 1.84%
3 Months 4.07% 3.90% 3.94%
Since Inception 28.44% 29.11% 29.35%
Year-to-Date 3.51% 3.62% 3.66%
1 Month 1.83% 1.90% 1.84%
3 Months 4.07% 3.90% 3.94%
Since Inception 28.44% 29.11% 29.35%

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 07/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.42 AVGO AVGO 8 09/30/22 BKTDW14 1,536.40 48,574 74,629,093.60
3.34 WFC WFC 7 1/2 PERP B3KRSW9 1,510.80 48,228 72,862,862.40
2.47 BAC BAC 7 1/4 PERP B2PB3Z7 1,459.89 36,889 53,853,882.21
1.65 CASH 1.00 35,887,493 35,887,493.03
1.48 DHR DHR 5 04/15/23 BMVWZV4 1,573.67 20,428 32,146,832.83
1.42 NEE NEE 5.279 03/01/23 BKPX575 50.92 605,901 30,852,478.92
1.40 C C 6.5555 10/30/40 B3Z1BZ0 27.96 1,088,371 30,430,853.16
1.16 JPM JPM 6 PERP BJ2KBT6 28.16 896,875 25,256,000.00
1.16 WFC WFC 4 3/4 PERP BJVB6B7 25.86 976,187 25,244,195.82
1.15 NEE NEE 6.219 09/01/23 BMGX880 51.47 484,720 24,948,538.40
1.14 APTV APTV 5 1/2 06/15/23 BMHMX69 177.93 139,838 24,881,375.34
1.04 JPM JPM 5 3/4 PERP BFY34D0 27.50 822,576 22,620,840.00
1.04 WFC WFC 5.85 PERP BCD53N9 26.95 836,824 22,552,406.80
1.02 KKR KKR 6 09/15/23 BMH17T7 79.59 278,989 22,204,734.51
1.01 T T 4 3/4 PERP BLL1ZY7 26.01 849,478 22,094,922.78
1.01 SO SO 6 3/4 08/01/22 BJM06B3 52.64 418,981 22,055,159.84
0.97 NEE NEE 4.872 09/01/22 BK4W313 58.16 363,973 21,168,669.68
0.95 C C 6 7/8 PERP BG05028 28.48 725,719 20,668,477.12
0.92 BDX BDX 6 06/01/23 BL6D429 55.17 364,043 20,084,252.31
0.89 COF COF 5 PERP BGMJPW3 26.65 728,223 19,407,142.95
0.88 JPM JPM 4.55 PERP BM8TGF9 26.30 728,329 19,155,052.70
0.85 BAC BAC 5 3/8 PERP BJN6RX9 27.25 678,479 18,488,552.75
0.84 PCG PCG 5 1/2 08/16/23 BMG7600 93.91 194,230 18,240,139.30
0.82 BAC BAC 6 PERP BFZNM46 27.22 656,164 17,860,784.08
0.78 BAC BAC 5 PERP BKVJXF1 26.79 636,345 17,047,682.55
0.77 T T 5.35 11/01/66 BF545Q2 26.16 642,607 16,810,599.12
0.76 GS GS 4 PERP B15CKS5 25.07 656,567 16,460,134.69
0.75 QRTEV QURATE RETAIL INC-PFD BMH2T16 108.05 151,931 16,416,144.55
0.73 COF COF 4.8 PERP BK9PWX2 26.18 607,866 15,913,931.88
0.71 T T 5 PERP BKPK060 26.47 583,480 15,444,715.60
0.71 ALL ALL 5.1 PERP BKDKS91 27.47 559,089 15,358,174.83
0.68 WFC WFC 4.7 PERP BMYVT83 25.88 568,997 14,725,642.36
0.67 BSX BSX 5 1/2 06/01/23 BMH5QL4 118.65 122,090 14,485,978.50
0.66 MS MS 5.85 PERP BYYYY81 29.54 486,227 14,363,145.58
0.65 DTE DTE 6 1/4 11/01/22 BKFW237 50.69 279,793 14,182,707.17
0.65 WFC WFC 5 1/2 PERP BD1JXH4 25.30 559,477 14,154,768.10
0.64 MS MS 6 3/8 PERP BQT2G00 28.57 486,279 13,892,991.03
0.64 BAC BAC 4 3/8 PERP BMVXBP3 25.90 535,140 13,860,126.00
0.64 BAC BAC 6.45 12/15/66 BF2PL60 27.11 510,805 13,847,923.55
0.63 DUK DUK 5 3/4 PERP BJXH6L3 28.02 486,336 13,624,703.04
0.62 MS MS 4 PERP B1802M4 25.03 535,297 13,398,483.91
0.60 GS GS 5 1/2 PERP B96KM33 27.00 486,519 13,136,013.00
0.60 SO SO 4.95 01/30/80 BKM3QB9 26.99 486,580 13,132,794.20
0.60 WFC WFC 4 3/8 PERP BL5C513 25.48 511,100 13,022,828.00
0.60 C C 7 1/8 PERP BDX8YP4 28.06 462,900 12,988,974.00
0.60 MET MET 4 3/4 PERP BL3BQ19 26.66 486,600 12,972,756.00
0.59 AES AES 6 7/8 02/15/24 BMWFLV4 101.01 126,924 12,820,593.24
0.57 ATH ATH 6.35 PERP BK1MHD6 29.52 420,545 12,414,488.40
0.56 USB USB 3 1/2 PERP B125QN4 24.93 486,929 12,139,139.97
0.56 AEGON AEGON 5.1 12/15/49 BK59DD5 26.89 450,541 12,115,047.49
0.56 CTL CTL 6 1/2 09/01/56 BZ4C835 25.39 476,110 12,088,432.90
0.55 MS MS 7 1/8 PERP BF4YJ94 28.60 420,604 12,029,274.40
0.55 TFC TFC 4 3/4 PERP BLD4B13 26.39 450,590 11,891,070.10
0.54 JPM JPM 4 3/4 PERP BK57WX2 26.94 438,846 11,822,511.24
0.54 WFC WFC 6 5/8 PERP BH7Y8S7 28.71 409,183 11,747,643.93
0.53 MS MS 6 7/8 PERP BH5QGM5 28.02 414,402 11,611,544.04
0.52 BAC BAC 4 1/8 PERP BN4Q1G7 25.54 446,394 11,401,036.68
0.52 BAC BAC 5 7/8 PERP BYVQZ09 27.08 416,201 11,270,723.08
0.51 SWK SWK 5 1/4 11/15/22 BH07MK3 120.96 91,632 11,083,806.72
0.50 T T 5 5/8 08/01/67 BDDJDF0 27.03 402,013 10,866,692.80
0.50 AEP AEP 6 1/8 08/15/23 BMH1V51 52.25 207,076 10,819,721.00
0.50 MET MET 5 5/8 PERP BG43LW5 27.49 392,385 10,786,663.65
0.49 F F 6 12/01/59 BJP1KW2 27.38 390,299 10,686,386.62
0.48 STT STT 5.9 PERP BK4Z903 28.54 365,865 10,441,787.10
0.48 EQH EQH 5 1/4 PERP BKRMRC9 26.51 390,363 10,348,523.13
0.47 SRE SRE 5 3/4 07/01/79 BK8LV34 27.68 370,116 10,244,810.88
0.46 SO SO 5 1/4 10/01/76 BD1LVM1 25.74 390,560 10,053,014.40
0.46 F F 6.2 06/01/59 BJ029D4 27.39 366,041 10,025,862.99
0.46 SYF SYF 5 5/8 PERP BK77YC3 27.11 366,056 9,923,778.16
0.46 D D 5 1/4 07/30/76 BZ4SNC7 25.39 390,548 9,916,013.72
0.45 ET ET 7.6 PERP BNZGZ86 25.25 390,659 9,864,139.75
0.45 GS GS 6 3/8 PERP BLTV2N7 28.49 341,526 9,730,075.74
0.44 SO SO 4.2 10/15/60 BMGS0L2 25.89 366,256 9,482,367.84
0.44 FRC FRC 4 1/4 PERP BMH5WY9 25.97 365,114 9,482,010.58
0.44 NEE NEE 5.65 03/01/79 BH3JGK4 28.24 335,411 9,473,314.74
0.43 USB USB 4 PERP BMFDGD2 25.73 366,307 9,425,079.11
0.43 SCHW SCHW 5.95 PERP BYPFT55 25.40 366,344 9,305,137.60
0.41 VIAC VIAC 5 3/4 04/01/24 BMYLJW7 73.75 121,881 8,988,723.75
0.41 SBNY SBNY 5 PERP BN4GB67 26.15 341,238 8,923,373.70
0.41 WFC WFC 5 5/8 PERP BYQHXS1 26.15 337,602 8,828,292.30
0.39 GS GS 3 3/4 PERP B07GC93 24.31 352,804 8,576,665.24
0.39 CTL CTL 6 3/4 06/15/57 BD2ZSL0 26.30 322,857 8,491,139.10
0.39 CMS CMS 5 7/8 03/01/79 BJJP666 27.54 307,942 8,479,182.97
0.38 ATH ATH 6 3/8 PERP BMG0ZK2 28.20 293,256 8,269,819.20
0.38 IIVI IIVI 6 07/01/23 BMQ68M3 296.08 27,860 8,248,788.80
0.38 WCC WCC 10 5/8 PERP BLFBXS3 30.90 264,359 8,168,693.10
0.37 WFC WFC 5 1/8 PERP B92RRY4 25.30 317,847 8,041,529.10
0.36 ENBCN ENBCN 6 3/8 04/15/78 BF5FN05 27.07 293,375 7,941,661.25
0.36 USB USB 5 1/2 PERP BDT6C58 27.78 281,469 7,819,039.94
0.36 TFC TFC 5 1/4 PERP BMFYGG8 27.71 281,446 7,798,868.66
0.36 SCHW SCHW 4.45 PERP BMW32F9 26.41 293,508 7,751,546.28
0.36 PRU PRU 5 5/8 08/15/58 BG844G9 27.98 276,412 7,734,007.76
0.35 MET MET 4 PERP B0B87W3 26.06 293,537 7,649,574.22
0.35 PSA PSA 4 5/8 PERP BLFGL51 27.51 276,505 7,606,652.55
0.35 ALL ALL 5 5/8 PERP BD5F0W2 26.98 281,583 7,597,109.34
0.34 COF COF 5.2 PERP BD1RB41 25.51 293,643 7,490,832.93
0.34 ELAN ELAN 5 02/01/23 BL1NKG0 55.39 134,958 7,475,323.62
0.34 ATH ATH 4 7/8 PERP BMC8G63 26.18 281,876 7,379,513.68
0.34 STT STT 5.35 PERP BYPK477 30.08 245,296 7,378,503.68
0.34 KEY KEY 6 1/8 PERP BYQR0N5 29.85 245,225 7,319,966.25
0.33 BHF BHF 5 3/8 PERP BN0TD19 26.37 270,342 7,128,918.54
0.33 RF RF 6 3/8 PERP BLZHDQ9 29.04 245,422 7,127,054.88
0.33 NEE NEE 5 1/4 06/01/76 BYSXXN2 25.38 279,733 7,099,623.54
0.32 NYCB NYCB 6 3/8 PERP BYVLYP2 29.32 239,562 7,023,957.84
0.32 RF RF 5.7 PERP BJMXZX7 29.58 235,300 6,960,174.00
0.31 AXS AXS 5 1/2 PERP BD2Z8N2 25.28 270,209 6,830,883.52
0.31 AIG AIG 5.85 PERP BJM0FP0 27.80 245,494 6,824,045.82
0.31 USM USM 6 1/4 09/01/69 BMGR6C2 27.38 245,670 6,727,329.01
0.31 DUK DUK 5 5/8 09/15/78 BFNR2X9 27.38 245,617 6,724,993.46
0.31 USB USB 3 1/2 PERP B617Z40 962.00 6,985 6,719,570.00
0.30 MS MS 4 7/8 PERP BK6JGG8 26.92 245,639 6,612,601.88
0.30 NI NI 6 1/2 PERP BGYJZ76 28.20 233,190 6,575,958.00
0.30 USM USM 5 1/2 03/01/70 BN7J7C1 26.25 245,854 6,453,667.50
0.30 DUK DUK 5 1/8 01/15/73 B99GW27 26.25 245,759 6,451,173.75
0.30 QVCN QVCN 6 1/4 11/26/68 BKVHZH1 26.17 245,933 6,436,066.61
0.29 FITB FITB 6 5/8 PERP BH58353 28.95 221,160 6,402,582.00
0.29 PRU PRU 4 1/8 09/01/60 BLB2465 26.04 245,835 6,401,543.40
0.29 HBAN HBAN 4 1/2 PERP BKPLQ32 25.85 245,779 6,353,387.15
0.29 COF COF 6 PERP BD06CY6 25.68 245,890 6,314,455.20
0.29 ALL ALL 5.1 01/15/53 B87XV26 26.93 230,770 6,215,282.26
0.29 SABR SABR 6 1/2 09/01/23 BMW4RS0 150.62 41,195 6,204,790.90
0.29 FRC FRC 4 1/8 PERP BN78F13 25.22 245,912 6,201,900.64
0.28 KEY KEY 5 5/8 PERP BJHDLJ0 27.79 221,261 6,148,843.19
0.28 USB USB 3 3/4 PERP BMFV904 24.79 246,051 6,099,604.29
0.27 TDS TDS 6 5/8 PERP BMDKP83 28.89 204,768 5,915,747.52
0.27 SO SO 5 1/4 12/01/77 BF0WD23 26.66 221,458 5,904,070.28
0.27 CFG CFG 5 PERP BK229B7 26.65 221,504 5,902,461.39
0.27 EIX EIX 5 PERP BDC3P68 25.10 233,478 5,860,297.80
0.27 ESGR ESGR 7 PERP BFXXB52 29.59 196,873 5,825,472.07
0.26 BHF BHF 6.6 PERP BJ0M332 27.36 208,857 5,714,327.52
0.26 RGA RGA 5 3/4 06/15/56 BYT3Q98 28.99 196,963 5,709,957.37
0.26 BHF BHF 6 3/4 PERP BM9JJ93 28.38 198,023 5,619,892.74
0.26 ACGL ACGL 5 1/4 PERP BDG1706 25.25 221,712 5,598,228.00
0.26 ET ET 7 3/8 PERP BNZGZ19 25.17 221,767 5,581,875.39
0.26 ETP 7 5/8 PERP BNZGZ31 25.37 219,570 5,570,512.86
0.25 AEL AEL 5.95 PERP BL4Q3H8 27.91 197,050 5,499,507.86
0.25 PBI PBI 6.7 03/07/43 B9CDPW6 25.83 209,248 5,404,875.84
0.25 NTRS NTRS 4.7 PERP BKFVZR9 27.07 197,093 5,335,307.51
0.24 BAC BAC 4 PERP B1VN1F6 25.50 207,696 5,296,248.00
0.24 KEY KEY 5.65 PERP BYWLBZ0 27.15 194,485 5,280,267.75
0.24 RGA RGA 6.2 09/15/42 B711QX5 26.60 197,168 5,244,668.80
0.24 DTE DTE 5 1/4 12/01/77 BF3L703 26.43 197,272 5,213,898.96
0.24 FRC FRC 4.7 PERP BKBKSZ9 26.69 195,007 5,204,736.83
0.24 ETR ETR 4 7/8 09/01/66 BZC0L09 25.41 202,630 5,148,828.30
0.24 BHF BHF 6 1/4 09/15/58 BF5JWJ9 27.69 185,350 5,132,341.50
0.23 NSUS NSUS 6.86013 01/15/43 B8S0HY0 25.45 198,517 5,052,257.65
0.22 HIG HIG 6 PERP BF5J7D8 28.52 170,563 4,864,456.76
0.22 AQNCN 6.2 07/01/79 PFD BFYWGC0 28.14 172,793 4,861,531.06
0.22 BAMACN BAMACN 4 5/8 10/16/80 BNHQ5L7 25.50 190,436 4,856,118.00
0.21 ATH ATH 5 5/8 PERP BKWG6L8 27.04 170,756 4,617,242.24
0.21 SJI SJI 8 3/4 04/01/24 BLF8B46 54.62 83,151 4,541,707.62
0.21 VER VER 6.7 PERP BYVVTL3 25.11 177,687 4,461,720.57
0.20 SNV SNV 5 7/8 PERP BKFHSG7 27.74 159,040 4,411,769.60
0.20 USM USM 6.95 05/15/60 B44K9X9 25.86 169,694 4,388,286.84
0.20 DLR DLR 5.2 PERP BKLXG10 27.62 158,610 4,380,015.15
0.20 SIVB SIVB 5 1/4 PERP BKTQ1Y9 27.06 160,577 4,345,213.62
0.20 CFG CFG 6.35 PERP BGPFT82 28.78 148,486 4,273,427.08
0.20 FCNCA FCNCA 5 3/8 PERP BLHLTL6 27.24 156,638 4,266,819.12
0.20 ACGL ACGL 5.45 PERP BF956G8 26.06 163,546 4,262,008.76
0.19 DHC DHC 5 5/8 08/01/42 BKRTG67 24.11 173,421 4,181,180.31
0.19 AMG AMG 5 7/8 03/30/59 BJVJZF8 28.10 148,569 4,174,640.33
0.19 PSB PSB 4 7/8 PERP BKRKN47 27.65 150,845 4,170,864.25
0.19 ALLY ALLY 5.94088 02/15/40 B4066X0 26.23 158,997 4,170,491.31
0.19 RLJ RLJ 1.95 PERP BF2N465 28.68 145,291 4,166,945.88
0.19 TCBI TCBI 5 3/4 PERP BMH40V9 27.76 148,583 4,124,664.08
0.19 VOYA VOYA 5.35 PERP BJGS497 29.75 136,401 4,057,929.75
0.18 PSA PSA 4.9 PERP BYW9GN7 25.38 158,215 4,015,496.70
0.18 FRC FRC 5 1/2 PERP BZ1NVR6 26.93 148,616 4,002,228.88
0.18 PSA PSA 4 7/8 PERP BK598B8 27.52 144,721 3,982,721.92
0.18 AQNCN AQNCN 6 7/8 10/17/78 BG0V242 27.80 143,097 3,978,096.60
0.18 NNN NNN 5.2 PERP BYVQWP3 25.39 155,931 3,959,088.09
0.18 EIX EIX 5 3/8 PERP BYX6KN5 25.14 156,420 3,933,149.62
0.18 VNO VNO 5 1/4 PERP BMWB4M4 27.23 144,199 3,926,538.77
0.18 WAFD WAFD 4 7/8 PERP BMVN6G9 26.17 148,723 3,892,080.91
0.18 VNO VNO 5 1/4 PERP BF5LLD2 26.21 145,476 3,812,925.96
0.17 AEL AEL 6 5/8 PERP BMTD3B5 27.84 136,597 3,802,860.48
0.17 CHNG CHNG 6 06/30/22 BKFVFB3 74.35 50,499 3,754,600.65
0.17 EQH EQH 4.3 PERP BMF1DS0 25.18 148,982 3,751,366.76
0.17 ALL ALL 4 3/4 PERP BK727P2 27.21 137,254 3,734,173.50
0.17 WTFC WTFC 6 7/8 PERP BMTCNN4 28.40 130,063 3,693,789.20
0.17 PSA PSA 5.6 PERP BGMHQB3 28.16 130,223 3,667,079.68
0.17 BAC NEW YORK BAC 4 PERP B1GH4Y3 25.72 141,771 3,646,647.84
0.17 UNM UNM 6 1/4 06/15/58 BFYF0S3 27.06 133,945 3,624,551.70
0.17 WRB WRB 5.1 12/30/59 BJBK4B0 27.03 133,940 3,620,398.20
0.16 VNO VNO 5.7 PERP B7VQQR4 26.10 133,928 3,494,851.16
0.16 PSA PSA 5.05 PERP BF7PKX5 26.09 133,942 3,494,546.78
0.16 VNO VNO 5.4 PERP B8K7RN8 26.08 133,927 3,492,816.16
0.16 TVA TVA 2.134 06/01/28 2612674 26.59 131,190 3,488,328.98
0.16 PSA PSA 3 7/8 PERP BLFKCL6 25.87 133,268 3,447,643.16
0.16 NAVI NAVI 6 12/15/43 BDRW5R1 25.40 133,924 3,401,669.60
0.16 EIX EIX 5.45 PERP BYQ69C4 25.39 133,931 3,400,508.09
0.16 AHL AHL 5.95 PERP B94QMV1 27.51 123,244 3,390,442.44
0.16 CMS CMS 5 7/8 10/15/78 BFXBC20 27.16 124,782 3,389,079.12
0.15 AMG AMG 4 3/4 09/30/60 BN0VM18 26.56 123,243 3,273,334.08
0.15 APO APO 6 3/8 PERP BKRLVJ1 26.50 123,247 3,266,045.50
0.15 PBCT PBCT 5 5/8 PERP BYX8VH2 29.38 111,009 3,261,444.42
0.15 PSA PSA 5.15 PERP BYZ2PF8 26.13 124,770 3,260,240.10
0.15 DTE DTE 6 12/15/76 BDDN1W5 25.75 124,770 3,212,827.50
0.15 AIZ AIZ 5 1/4 01/15/61 BLD4BS0 27.29 117,591 3,209,058.39
0.15 BPY BPY 5 3/4 PERP BLK7825 24.94 128,425 3,202,919.50
0.15 PSA PSA 4.7 PERP BK72JQ7 27.61 115,739 3,195,553.79
0.15 SO SO 5 10/01/77 BZ60HT6 26.28 120,596 3,169,262.88
0.14 KIM KIM 5 1/4 PERP BD0RST6 26.63 117,958 3,141,221.54
0.14 EIX EIX 5 3/4 PERP BK74GK6 25.36 123,227 3,125,036.72
0.14 RNR RNR 5 3/8 PERP BB2BRH3 25.22 123,236 3,108,011.92
0.14 SR SR 5.9 PERP BJV8KN8 27.99 111,006 3,107,057.94
0.14 BAC BAC 3 PERP B06H0T3 23.22 133,541 3,100,822.02
0.14 ETR ETR 4 7/8 09/01/66 BD0S963 25.40 120,583 3,062,808.20
0.14 AL AL 6.15 PERP BJR4L26 27.42 110,997 3,043,537.74
0.14 NRUC NRUC 5 1/2 05/15/64 BJBL059 27.34 111,017 3,035,204.78
0.14 AHL AHL 5 5/8 PERP BD915N2 27.26 110,999 3,026,110.24
0.14 PRUFIN PRUFIN 6 3/4 PERP B02FFZ2 27.21 111,008 3,020,527.68
0.14 FITB FITB 4.95 PERP BKKBGL5 27.14 111,006 3,012,702.84
0.14 RNR RNR 5 3/4 PERP BFMZ665 27.06 111,010 3,003,930.60
0.14 AHL AHL 5 5/8 PERP BKDJPD1 26.73 110,995 2,966,896.35
0.14 ETR ETR 4.9 10/01/66 BD5NDN8 25.45 116,088 2,954,439.60
0.14 DTE DTE 4 3/8 10/15/80 BMY4XS0 26.26 112,366 2,950,731.16
0.14 SO SO 5 PERP BF2FQN2 26.57 111,010 2,949,535.70
0.14 BPY BPY 6 3/8 PERP BK1KVK5 26.14 112,740 2,947,023.60
0.13 OAK OAK 6.55 PERP BG4SNK2 27.85 104,151 2,900,605.35
0.13 QVCN QVCN 6 3/8 09/13/67 BF5K8M7 26.09 110,125 2,873,161.25
0.13 BC BC 6 3/8 04/15/49 BJT13Z2 28.10 102,231 2,872,691.10
0.13 AEGON AEGON 4 PERP B0VR708 25.71 110,988 2,853,501.48
0.13 BAMACN BAMACN 4 1/2 PERP BLD4BQ8 25.16 112,637 2,833,946.92
0.13 DHC DHC 6 1/4 02/01/46 BKRTG78 25.22 110,981 2,798,940.82
0.13 EIX EIX 5.1 PERP B93SGN8 25.06 110,907 2,779,296.15
0.13 SF SF 6 1/8 PERP BMDX0S7 27.65 100,371 2,775,258.15
0.13 PRE PRE 4 7/8 PERP BN6JKG7 27.64 100,210 2,769,804.40
0.12 PSA PSA 4 1/8 PERP BKPVDZ3 26.31 102,227 2,689,592.37
0.12 FULT FULT 5 1/8 PERP BN7NYQ6 26.77 98,190 2,628,546.30
0.12 DLR DLR 5.85 PERP BJR2164 28.00 93,648 2,622,144.00
0.12 SIGI SIGI 4.6 PERP BNHP5W5 25.84 98,460 2,544,206.40
0.12 BIP BIP 5 PERP BMT9V97 25.20 100,123 2,523,099.60
0.11 CIT CIT 5 5/8 PERP BK7G7H6 26.78 89,250 2,390,115.00
0.11 BPY BPY 6 1/2 PERP BJHJQ37 25.85 91,508 2,365,481.80
0.11 BAC BAC 4 PERP B0PR2S7 25.65 92,079 2,361,430.41
0.11 BIP BIP 5 1/8 PERP BL55WZ5 25.99 89,245 2,319,620.34
0.10 PSA PSA 3.9 PERP BMW9C79 26.48 84,990 2,250,535.20
0.10 HWC HWC 6 1/4 06/15/60 BMXB7Y6 28.27 77,030 2,177,638.10
0.10 TRTN TRTN 7 3/8 PERP BK26FC2 27.14 79,148 2,148,155.87
0.10 PSB PSB 5.2 PERP BYM78Y6 25.38 84,228 2,137,706.64
0.10 DCP DCP 7 7/8 PERP BDT8TJ7 25.12 82,013 2,060,223.97
0.09 SITC SITC 6 3/8 PERP BGL0NT0 26.00 79,072 2,055,872.00
0.09 TRTN TRTN 8 PERP BJK4N72 28.33 72,114 2,042,989.62
0.09 CFR CFR 4.45 PERP BNKVVC2 26.22 77,888 2,042,223.36
0.09 NSUS NSUS 9 PERP BD1KJ79 25.50 76,975 1,962,870.20
0.09 OPI OPI 6 3/8 06/23/50 BK80YB0 26.95 72,442 1,952,311.90
0.09 AFG AFG 5 5/8 06/01/60 BMWJ1L6 28.66 67,140 1,924,232.40
0.09 FHN FHN 6 1/2 PERP BMH5VC0 28.33 67,137 1,901,991.21
0.08 ARGO ARGO 7 PERP BMVZ8X6 27.31 67,129 1,833,292.99
0.08 TRTN TRTN 6 7/8 PERP BKX9W41 26.92 68,085 1,832,848.20
0.08 FRT FRT 5 PERP BF8PCZ0 25.90 67,124 1,738,511.60
0.08 EPR EPR 5 3/4 PERP BF0WJH0 25.85 67,092 1,734,328.20
0.08 NYCB NYCB 6 11/01/51 2049603 51.89 32,346 1,678,433.94
0.07 DCOM 5 1/2 PERP BMFZ6W7 26.35 59,092 1,557,074.20
0.07 FMBI FMBI 7 PERP BLB3048 28.45 54,690 1,555,930.50
0.07 FTAI FTAI 8 PERP BL4PTS8 26.00 57,633 1,498,325.44
0.07 COF COF 4 5/8 PERP BLNPMY6 26.24 56,021 1,469,991.04
0.06 FMBI FMBI 7 PERP BMZNBV5 28.58 48,244 1,378,813.52
0.06 RC RC 7 08/15/23 BDFS3K0 26.72 51,295 1,370,602.40
0.06 FTAI FTAI 8 1/4 PERP BMFPG16 27.29 46,327 1,264,263.83
0.06 ASB ASB 5 5/8 PERP BMTD069 27.95 44,593 1,246,374.35
0.06 QTS QTS 7 1/8 PERP BFZ1JT4 25.37 47,894 1,215,070.78
0.05 BHR BHR 5 1/2 PERP BD8ZZ68 23.40 49,350 1,154,790.00
0.05 FTAI FTAI 8 1/4 PERP BK5W914 26.09 41,928 1,093,901.52
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 6/30, PFFD was rated against the following number of Preferred Stock funds over the following time periods: 57 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.)