MLDR


Intermediate-Term Treasury Ladder ETF

Reasons to Consider MLDR

Treasuries Exposure

By investing in U.S. Treasuries, MLDR may potentially possess lower credit risk relative to other fixed income options.

Intermediate-Term Exposure

MLDR tracks the performance of an index of U.S. Treasury securities with remaining maturities of between 3-10 years.

Laddering Technique

MLDR’s laddering strategy holds a portfolio of staggered Treasury maturities across a series of equal-weighted rungs, seeking to mitigate the effect of interest rate volatility.

Key Information As of 10/10/24

Inception Date 09/09/24
Total Expense Ratio 0.12%
Net Assets $2.45 million
NAV $49.05
Fact Sheet View the document

ETF Summary

The Global X Intermediate-Term Treasury Ladder ETF (MLDR) invests in a basket of Treasury notes and bonds issued by the U.S. government that have a remaining maturity of at least 3 years but less than 10 years. MLDR will primarily invest in Treasury notes and bonds, making it an attractive option for investors seeking to potentially minimize credit risk but target intermediate-term duration exposure.

ETF Objective

The Global X Intermediate-Term Treasury Ladder ETF (MLDR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE US Treasury 3-10 Years Laddered Bond Index.

Trading Details As of 10/10/24

Ticker MLDR
Bloomberg Index Ticker CFIIULDM
CUSIP 37960A396
ISIN US37960A3968
Primary Exchange NYSE Arca
Shares Outstanding 50,000
Number of Holdings 25
30-Day Median Bid-Ask Spread 0.10%

Distributions As of 10/10/24

30-Day SEC Yield 3.61%
Distribution Frequency Monthly

ETF Prices As of 10/10/24

NAV $49.05 Daily Change -$0.04 -0.08%
Market Price $49.15 Daily Change $0.02 0.04%

Performance History

As of recent month & quarter-end (09/30/24)
Fund NAV Market Price Index
Year-to-Date -- -- --
1 Month -- -- --
3 Months -- -- --
Since Inception -0.26% -0.12% -0.17%
Year-to-Date -- -- --
1 Month -- -- 1.15%
3 Months -- -- --
Since Inception -0.26% -0.12% -0.17%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 10/10/24

Net Assets (%) Security Type Name SEDOL Market Value ($) Par Value ($)
5.91 Treasury Note T 3 1/2 02/15/33 BQXLPX9 144,909.48 150,000.00
5.29 Treasury Note T 4 3/8 11/30/30 BNTC717 129,643.82 125,000.00
5.13 Treasury Note T 4 02/28/30 BMTY6J7 125,907.26 125,000.00
5.10 Treasury Note T 3 3/4 06/30/30 BMY8B88 124,957.54 125,000.00
5.09 Treasury Note T 4 02/15/34 BS2G1B9 124,928.67 125,000.00
5.09 Treasury Note T 3 7/8 09/30/29 BN6ML52 124,773.94 125,000.00
4.93 Treasury Note T 2 3/4 02/15/28 BG0D0D3 120,898.23 125,000.00
4.78 Treasury Note T 2 3/8 03/31/29 BPRT3T4 117,104.71 125,000.00
4.28 Treasury Note T 4 1/2 11/15/33 BRBS4K9 104,994.40 100,000.00
4.16 Treasury Note T 4 1/4 02/28/31 BMG7NX2 101,973.56 100,000.00
4.04 Treasury Note T 3 7/8 08/15/33 BRT3QG6 99,114.64 100,000.00
4.01 Treasury Note T 3 1/8 11/15/28 BGRW840 98,211.28 100,000.00
4.00 Treasury Note T 3 1/4 06/30/29 BQC7W26 97,965.36 100,000.00
3.96 Treasury Note T 2 3/8 05/15/27 BF0T9Y8 97,116.51 100,000.00
3.82 Treasury Note T 2 7/8 05/15/32 BPSLLY0 93,652.35 100,000.00
3.75 Treasury Note T 2 3/4 08/15/32 BQHM4D1 91,831.86 100,000.00
3.74 Treasury Note T 1 3/4 01/31/29 BN95VM5 91,729.96 100,000.00
3.73 Treasury Note T 1 1/4 03/31/28 BMDNPR1 91,404.49 100,000.00
3.55 Treasury Note T 1 5/8 05/15/31 BMHV4S5 87,056.89 100,000.00
3.44 Treasury Note T 1 3/8 11/15/31 BMCNFW7 84,384.68 100,000.00
3.25 Treasury Note T 1 1/4 08/15/31 BMWVP09 79,638.33 95,000.00
2.79 Treasury Note T 1 1/4 06/30/28 BMBYXD8 68,347.96 75,000.00
2.77 Treasury Note T 0 1/2 10/31/27 BMYVTX8 67,823.41 75,000.00
2.26 Treasury Note T 0 5/8 03/31/27 BKPSY95 55,371.74 60,000.00
1.06 Treasury Note T 4 3/8 05/15/34 BQSB5K1 26,000.51 25,000.00
0.12 Cash CASH 2,978.01 2,978.01
-0.01 Cash OTHER PAYABLE & RECEIVABLES -282.10 -282.10
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 10/10/24

Macaulay Duration 5.3 Years
Modified Duration 5.20%
Issuer Type Breakdown
Government 100.00%
Corporate 0.00%
Other 0.00%

Source: new windowAltaVista Research, LLC

ETF Research

Investing involves risk, including possible loss of principal. Fixed income securities are subject to loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

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 FTSE Russell, nor does FTSE Russell 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 FTSE Russell.