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 54 Preferred Stock funds, based on risk-adjusted returns as of 12/31/2020

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 52.6% lower than the competitor average net expense ratio as of 1/4/21, per ETF.com (category: “Fixed Income: U.S. – Corporate, Preferred”)

Fund Details As of 03/05/21

Key Facts

Ticker PFFD
Inception Date 09/11/17
CUSIP 37954Y657
ISIN US37954Y6573
Bloomberg Index Ticker PLCR
Primary Exchange NYSE Arca
Number of Holdings 287

Stats & Fees

Net Assets $1,332,251,217
Net Asset Value (NAV) $25.00
Shares Outstanding 53,300,000
Gross Expense Ratio 0.24%
Net Expense Ratio* 0.23%

Distributions

30-Day SEC Yield 5.11%
Unsubsidized 30-Day SEC Yield ** N/A
12-Month Trailing Yield 5.43%
Distribution Yield 5.13%
Distribution Frequency Monthly

*Fee waivers are contractual and in effect until at least April 1, 2021.

**An unsubsidized yield of “N/A” represents a less than 0.01% fee waiver by the advisor.

Fund Prices As of 03/05/21

NAV $25.00 Daily Change $0.11 0.46%
Market Price $25.05 Daily Change $0.17 0.68%
30-Day Median Bid-Ask Spread 0.04%

Performance History

As of recent
(12/31/20)
As of recent
(12/31/20)
Fund NAV Market Price Index
1 Year 8.85% 8.80% 8.93%
3 Years 7.19% 7.05% 7.35%
Since Inception 6.75% 6.88% 6.92%
1 Year 8.89% 8.53% 8.84%
3 Years 6.53% 6.39% 6.73%
Since Inception 5.52% 5.61% 5.73%
Year-to-Date 8.85% 8.80% 8.93%
1 Month 2.49% 2.20% 2.37%
3 Months 6.32% 5.92% 6.21%
Since Inception 24.09% 24.59% 24.78%
Year-to-Date -2.88% -3.00% -2.79%
1 Month -1.70% -1.74% -1.67%
3 Months -0.47% -0.86% -0.48%
Since Inception 20.51% 20.86% 21.30%

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 03/05/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.13 AVGO AVGO 8 09/30/22 BKTDW14 1,457.12 28,779 41,934,456.48
2.97 WFC WFC 7 1/2 PERP B3KRSW9 1,392.00 28,561 39,756,912.00
2.35 BAC BAC 7 1/4 PERP B2PB3Z7 1,417.00 22,185 31,436,145.00
1.51 ALLY ALLY 5.98263 02/15/40 B4066X0 26.38 765,032 20,181,544.16
1.32 DHR DHR 4 3/4 04/15/22 BJRJK13 1,496.01 11,837 17,708,270.37
1.31 C C 6.5815 10/30/40 B3Z1BZ0 27.30 644,205 17,586,796.50
1.27 NEE NEE 5.279 03/01/23 BKPX575 47.55 358,493 17,046,342.15
1.16 DHR DHR 5 04/15/23 BMVWZV4 1,265.10 12,306 15,568,320.60
1.08 JPM JPM 6 PERP BJ2KBT6 27.22 531,825 14,476,276.50
1.08 WFC WFC 4 3/4 PERP BJVB6B7 24.92 578,705 14,421,328.60
1.06 CASH 1.00 14,216,491 14,216,491.01
1.03 APTV APTV 5 1/2 06/15/23 BMHMX69 166.71 82,718 13,789,917.78
1.01 NEE NEE 6.219 09/01/23 BMGX880 47.17 287,421 13,557,648.57
0.99 BDX BDX 6 06/01/23 BL6D429 53.60 248,118 13,299,124.80
0.98 WFC WFC 5.85 PERP BCD53N9 26.41 496,506 13,112,723.46
0.98 JPM JPM 5 3/4 PERP BFY34D0 26.76 488,231 13,065,061.56
0.95 AVTR AVTR 6 1/4 05/15/22 BJXKL39 85.76 148,748 12,756,628.48
0.94 T T 4 3/4 PERP BLL1ZY7 24.85 503,886 12,521,567.10
0.93 PCG PCG 5 1/2 08/16/23 BMG7600 108.01 115,099 12,431,842.99
0.91 SO SO 6 3/4 08/01/22 BJM06B3 49.27 248,418 12,239,554.86
0.90 C C 6 7/8 PERP BG05028 27.91 430,700 12,020,837.00
0.88 NEE NEE 4.872 09/01/22 BK4W313 54.69 215,804 11,802,320.76
0.85 PNC PNC 6 1/8 PERP B7Y1SH0 26.32 432,455 11,382,215.60
0.81 D D 7 1/4 06/01/22 BJCXSC7 93.65 116,070 10,869,955.50
0.81 KKR KKR 6 09/15/23 BMH17T7 65.34 166,261 10,863,493.74
0.81 COF COF 5 PERP BGMJPW3 25.10 432,497 10,855,674.70
0.80 BAC BAC 5 3/8 PERP BJN6RX9 26.57 403,153 10,711,775.21
0.79 JPM JPM 6.1 PERP BYR8ZJ8 25.59 411,365 10,526,830.35
0.78 BAC BAC 6 PERP BFZNM46 26.96 389,612 10,503,939.52
0.74 T T 5.35 11/01/66 BF545Q2 26.02 381,911 9,937,324.22
0.73 BAC BAC 5 PERP BKVJXF1 25.96 378,394 9,823,108.24
0.70 GS GS 4 PERP B15CKS5 23.85 390,271 9,307,963.35
0.67 QRTEV QURATE RETAIL INC-PFD BMH2T16 99.79 90,422 9,023,211.38
0.67 COF COF 4.8 PERP BK9PWX2 24.82 361,559 8,973,894.38
0.66 T T 5 PERP BKPK060 25.63 347,258 8,900,222.54
0.66 ALL ALL 5.1 PERP BKDKS91 26.49 332,746 8,814,441.54
0.64 JPM JPM 6.15 PERP BYY9TN6 25.56 332,995 8,511,352.20
0.63 WFC WFC 5 1/2 PERP BD1JXH4 25.30 332,957 8,423,812.10
0.62 BAC BAC 6.45 12/15/66 BF2PL60 27.15 304,239 8,260,088.85
0.61 MS MS 5.85 PERP BYYYY81 28.31 289,813 8,204,606.03
0.61 MS MS 6 3/8 PERP BQT2G00 28.12 289,864 8,150,975.68
0.59 DTE DTE 6 1/4 11/01/22 BKFW237 47.31 166,849 7,893,626.19
0.59 BSX BSX 5 1/2 06/01/23 BMH5QL4 108.10 72,969 7,887,948.90
0.59 DUK DUK 5 3/4 PERP BJXH6L3 27.08 289,942 7,851,629.36
0.58 C C 7 1/8 PERP BDX8YP4 28.08 275,618 7,739,353.44
0.57 GS GS 5 1/2 PERP B96KM33 26.47 290,226 7,682,282.22
0.57 SO SO 4.95 01/30/80 BKM3QB9 26.21 290,320 7,609,287.20
0.57 MS MS 4 PERP B1802M4 23.84 319,060 7,606,390.40
0.56 MET MET 4 3/4 PERP BL3BQ19 25.64 290,355 7,444,702.20
0.54 WFC WFC 5.7 PERP BYYWKB0 25.00 290,487 7,262,175.00
0.54 MS MS 7 1/8 PERP BF4YJ94 28.93 250,566 7,248,874.38
0.54 CTL CTL 6 1/2 09/01/56 BZ4C835 25.50 284,014 7,242,357.00
0.52 MS MS 6 7/8 PERP BH5QGM5 28.38 247,141 7,013,861.58
0.52 ATH ATH 6.35 PERP BK1MHD6 27.65 250,745 6,933,099.25
0.52 AEGON AEGON 5.1 12/15/49 BK59DD5 25.64 268,954 6,895,980.56
0.51 WFC WFC 6 5/8 PERP BH7Y8S7 28.09 244,187 6,859,212.83
0.51 JPM JPM 4 3/4 PERP BK57WX2 26.20 261,743 6,857,666.60
0.51 CFX CFX 5 3/4 01/15/22 BJ2DPJ3 204.03 33,502 6,835,413.06
0.51 TFC TFC 4 3/4 PERP BLD4B13 25.41 268,924 6,833,358.84
0.50 USB USB 3 1/2 PERP B125QN4 23.24 290,767 6,757,425.08
0.50 BAC BAC 6 PERP BD1LY22 25.38 261,938 6,647,986.44
0.50 BAC BAC 5 7/8 PERP BYVQZ09 26.68 248,463 6,628,992.84
0.48 T T 5 5/8 08/01/67 BDDJDF0 26.66 240,325 6,407,064.50
0.47 MET MET 5 5/8 PERP BG43LW5 26.70 234,600 6,263,820.00
0.46 SWK SWK 5 1/4 11/15/22 BH07MK3 112.61 54,674 6,156,839.14
0.46 F F 6 12/01/59 BJP1KW2 26.14 233,208 6,096,057.12
0.45 STT STT 5.9 PERP BK4Z903 27.77 218,607 6,070,716.39
0.45 SO SO 5 1/4 10/01/76 BD1LVM1 25.86 233,231 6,031,353.66
0.45 SRE SRE 5 3/4 07/01/79 BK8LV34 27.20 220,888 6,008,153.60
0.45 D D 5 1/4 07/30/76 BZ4SNC7 25.58 233,261 5,966,816.38
0.45 EQH EQH 5 1/4 PERP BKRMRC9 25.57 233,244 5,964,049.08
0.44 AEP AEP 6 1/8 08/15/23 BMH1V51 47.07 124,010 5,837,150.70
0.43 SYF SYF 5 5/8 PERP BK77YC3 26.29 218,858 5,753,776.82
0.43 F F 6.2 06/01/59 BJ029D4 26.24 218,815 5,741,705.60
0.43 GS GS 6 3/8 PERP BLTV2N7 27.87 204,294 5,693,673.78
0.42 SCHW SCHW 5.95 PERP BYPFT55 25.44 218,896 5,568,714.24
0.42 NEE NEE 5.65 03/01/79 BH3JGK4 27.70 200,729 5,560,193.30
0.41 AEP AEP 6 1/8 03/15/22 BJ320T4 46.92 117,525 5,514,273.00
0.41 WFC WFC 5.2 PERP B7SJFQ8 25.06 218,930 5,486,385.80
0.40 ETP ETP 7.6 PERP BJYDTZ5 23.16 233,697 5,412,422.52
0.40 SO SO 4.2 10/15/60 BMGS0L2 24.34 219,114 5,333,234.76
0.39 IIVI IIVI 6 07/01/23 BMQ68M3 312.66 16,772 5,243,933.52
0.39 WFC WFC 5 5/8 PERP BYQHXS1 25.88 201,652 5,218,753.76
0.39 GS GS 3 3/4 PERP B07GC93 23.80 219,214 5,217,293.20
0.38 CTL CTL 6 3/4 06/15/57 BD2ZSL0 26.31 192,949 5,076,488.19
0.37 GS GS 6.3 PERP BYN4DS5 25.37 197,366 5,006,188.59
0.37 CMS CMS 5 7/8 03/01/79 BJJP666 26.64 184,321 4,910,311.44
0.36 WCC WCC 10 5/8 PERP BLFBXS3 30.75 158,063 4,860,437.25
0.36 ATH ATH 6 3/8 PERP BMG0ZK2 27.68 175,567 4,859,694.56
0.36 WFC WFC 5 1/8 PERP B92RRY4 25.18 190,210 4,789,487.80
0.36 HIG HIG 7 7/8 04/15/42 B5T5F94 27.16 175,611 4,769,594.76
0.35 ENBCN ENBCN 6 3/8 04/15/78 BF5FN05 26.81 175,638 4,708,854.78
0.35 SABR SABR 6 1/2 09/01/23 BMW4RS0 190.27 24,482 4,658,190.14
0.34 WFC WFC 5 1/4 PERP B948SW0 25.00 183,036 4,575,900.00
0.34 USB USB 5 1/2 PERP BDT6C58 27.07 168,485 4,560,888.95
0.34 ALL ALL 5 5/8 PERP BD5F0W2 26.95 168,526 4,541,775.70
0.34 TFC TFC 5 1/4 PERP BMFYGG8 26.70 168,584 4,501,192.80
0.33 COF COF 5.2 PERP BD1RB41 25.47 175,854 4,479,001.38
0.33 SCHW SCHW 6 PERP BYVF5L7 25.41 175,800 4,467,078.00
0.33 HBAN HBAN 6 1/4 PERP BYY97B0 25.38 175,806 4,461,956.28
0.33 PRU PRU 5 5/8 08/15/58 BG844G9 26.84 165,657 4,446,233.88
0.33 MET MET 4 PERP B0B87W3 25.22 175,848 4,434,886.56
0.32 NYCB NYCB 6 3/8 PERP BYVLYP2 28.39 151,252 4,294,044.28
0.32 PSA PSA 4 5/8 PERP BLFGL51 25.90 165,786 4,293,857.40
0.32 NEE NEE 5 1/4 06/01/76 BYSXXN2 25.44 167,192 4,253,364.48
0.31 KEY KEY 6 1/8 PERP BYQR0N5 28.43 146,774 4,172,784.82
0.31 STT STT 5.35 PERP BYPK477 28.24 146,775 4,144,926.00
0.31 AXS AXS 5 1/2 PERP BD2Z8N2 25.43 161,477 4,106,360.11
0.30 RF RF 6 3/8 PERP BLZHDQ9 27.75 146,897 4,076,391.75
0.30 RF RF 5.7 PERP BJMXZX7 27.56 146,943 4,049,749.08
0.30 NI NI 6 1/2 PERP BGYJZ76 27.27 146,943 4,007,135.61
0.30 AIG AIG 5.85 PERP BJM0FP0 27.04 146,931 3,973,014.24
0.30 DUK DUK 5 5/8 09/15/78 BFNR2X9 26.89 146,958 3,951,700.62
0.30 WTRG WTRG 6 04/30/22 BJLTRC9 55.45 71,166 3,946,147.58
0.29 ELAN ELAN 5 02/01/23 BL1NKG0 48.37 80,784 3,907,522.08
0.29 ALL ALL 5.1 01/15/53 B87XV26 26.53 147,043 3,901,050.79
0.29 USB USB 3 1/2 PERP B617Z40 945.00 4,068 3,844,260.00
0.29 MS MS 4 7/8 PERP BK6JGG8 26.11 147,075 3,840,128.25
0.28 RF RF 6 3/8 PERP B8W4W09 25.63 147,042 3,768,686.46
0.27 COF COF 6 PERP BD06CY6 25.77 139,837 3,603,599.49
0.27 DUK DUK 5 1/8 01/15/73 B99GW27 25.63 139,840 3,584,099.20
0.27 FITB FITB 6 5/8 PERP BH58353 28.46 125,877 3,582,459.42
0.27 USM USM 6 1/4 09/01/69 BMGR6C2 25.48 139,837 3,563,046.76
0.26 VER VER 6.7 PERP BYVVTL3 25.31 139,961 3,542,412.91
0.26 QVCN QVCN 6 1/4 11/26/68 BKVHZH1 25.29 139,882 3,537,615.78
0.26 PRU PRU 4 1/8 09/01/60 BLB2465 25.19 139,836 3,522,468.84
0.26 FRC FRC 4 1/8 PERP BN78F13 24.79 139,835 3,466,509.65
0.25 KEY KEY 5 5/8 PERP BJHDLJ0 26.61 125,870 3,349,400.70
0.25 SO SO 5 1/4 12/01/77 BF0WD23 26.27 125,868 3,306,552.36
0.25 TFC TFC 5 5/8 PERP BKPGBP4 25.32 130,066 3,293,271.12
0.24 CFG CFG 5 PERP BK229B7 25.93 125,863 3,263,627.59
0.24 PPL PPL 5.9 04/30/73 B7K90G1 25.58 125,860 3,219,498.80
0.24 ACGL ACGL 5 1/4 PERP BDG1706 25.32 125,856 3,186,673.92
0.24 BHF BHF 6.6 PERP BJ0M332 26.75 118,869 3,179,745.75
0.24 EIX EIX 5 PERP BDC3P68 23.91 132,821 3,175,750.11
0.23 RGA RGA 5 3/4 06/15/56 BYT3Q98 28.09 111,793 3,140,265.37
0.23 ESGR ESGR 7 PERP BFXXB52 27.84 111,789 3,112,205.76
0.23 KEY KEY 5.65 PERP BYWLBZ0 26.17 118,869 3,110,801.73
0.23 BHF BHF 6 3/4 PERP BM9JJ93 27.33 112,559 3,076,237.47
0.22 NTRS NTRS 4.7 PERP BKFVZR9 26.49 111,785 2,961,184.65
0.22 RGA RGA 6.2 09/15/42 B711QX5 26.40 111,786 2,951,150.40
0.22 ETR ETR 4 7/8 09/01/66 BZC0L09 25.43 114,650 2,915,549.50
0.22 AEL AEL 5.95 PERP BL4Q3H8 26.04 111,774 2,910,594.96
0.22 DTE DTE 5 1/4 12/01/77 BF3L703 25.90 111,782 2,895,153.80
0.22 BAC BAC 4 PERP B1VN1F6 24.51 117,890 2,889,483.90
0.21 ETP ETP 7 5/8 PERP BFMW7B8 23.08 124,357 2,870,159.56
0.21 QTS QTS 6 1/2 PERP BFXX8T5 129.53 22,129 2,866,369.37
0.21 FRC FRC 4.7 PERP BKBKSZ9 25.74 110,442 2,842,777.08
0.21 ETP ETP 7 3/8 PERP BFM7FM0 22.58 125,804 2,840,654.32
0.21 BHF BHF 6 1/4 09/15/58 BF5JWJ9 26.36 104,925 2,765,823.00
0.21 PBI PBI 6.7 03/07/43 B9CDPW6 23.15 118,817 2,750,613.55
0.20 AQNCN 6.2 07/01/79 PFD BFYWGC0 27.63 97,824 2,702,935.81
0.20 HIG HIG 6 PERP BF5J7D8 27.71 96,495 2,673,876.45
0.20 NSUS NSUS 6.97525 01/15/43 B8S0HY0 23.39 112,497 2,631,304.83
0.19 SNV SNV 5 7/8 PERP BKFHSG7 26.57 97,814 2,598,917.98
0.19 FCNCA FCNCA 5 3/8 PERP BLHLTL6 26.57 96,482 2,563,526.74
0.19 SIVB SIVB 5 1/4 PERP BKTQ1Y9 26.02 97,815 2,545,146.30
0.19 DLR DLR 5.2 PERP BKLXG10 26.34 96,484 2,541,388.56
0.19 PSA PSA 4.9 PERP BYW9GN7 25.69 97,810 2,512,738.90
0.19 ATH ATH 5 5/8 PERP BKWG6L8 26.03 96,480 2,511,374.40
0.19 NNN NNN 5.2 PERP BYVQWP3 25.68 96,474 2,477,452.32
0.18 KKR KKR 6 3/4 PERP BG1FRV5 25.49 96,481 2,459,300.69
0.18 USM USM 6.95 05/15/60 B44K9X9 25.61 95,591 2,448,085.51
0.18 ACGL ACGL 5.45 PERP BF956G8 25.72 92,268 2,373,132.96
0.18 PSB PSB 4 7/8 PERP BKRKN47 25.82 90,806 2,344,610.92
0.17 PSA PSA 4 7/8 PERP BK598B8 26.46 88,351 2,337,767.46
0.17 CFG CFG 6.35 PERP BGPFT82 27.79 83,866 2,330,636.14
0.17 PSA PSA 4.95 PERP BD0PB79 25.49 90,798 2,314,441.02
0.17 RLJ RLJ 1.95 PERP BF2N465 25.55 90,033 2,300,343.15
0.17 AMG AMG 5 7/8 03/30/59 BJVJZF8 27.08 83,858 2,270,874.64
0.17 AEL AEL 6 5/8 PERP BMTD3B5 27.01 83,857 2,264,977.57
0.17 FRC FRC 5 1/2 PERP BZ1NVR6 26.77 83,856 2,244,825.12
0.17 VNO VNO 5 1/4 PERP BF5LLD2 25.05 89,268 2,236,163.40
0.17 WTFC WTFC 6 7/8 PERP BMTCNN4 27.79 80,291 2,231,286.89
0.17 AQNCN AQNCN 6 7/8 10/17/78 BG0V242 27.53 80,288 2,210,328.64
0.17 APO APO 6 3/8 PERP BKRLVK2 26.35 83,856 2,209,605.60
0.17 VOYA VOYA 5.35 PERP BJGS497 26.32 83,862 2,207,247.84
0.17 BAC NEW YORK BAC 4 PERP B1GH4Y3 24.90 88,639 2,206,667.91
0.16 PRUFIN PRUFIN 6 1/2 PERP B0G4027 26.27 83,863 2,203,081.01
0.16 UNM UNM 6 1/4 06/15/58 BFYF0S3 26.24 83,856 2,200,381.44
0.16 PSA PSA 5.05 PERP BF7PKX5 26.11 83,853 2,189,401.83
0.16 ALL ALL 4 3/4 PERP BK727P2 26.04 83,856 2,183,610.24
0.16 PSA PSA 5.6 PERP BGMHQB3 27.39 79,656 2,181,777.84
0.16 WRB WRB 5.1 12/30/59 BJBK4B0 26.00 83,851 2,180,126.00
0.16 OPI OPI 5 7/8 05/01/46 BDCRX99 25.13 86,586 2,175,906.18
0.16 EIX EIX 5.45 PERP BYQ69C4 25.68 83,842 2,152,643.35
0.16 PSA PSA 3 7/8 PERP BLFKCL6 24.80 86,218 2,138,206.40
0.16 GL GL 6 1/8 06/15/56 BK6YKM7 25.36 83,854 2,126,537.44
0.16 USM USM 7 1/4 12/01/64 BYSXBT4 25.35 83,839 2,125,234.81
0.16 VNO VNO 5.7 PERP B7VQQR4 25.33 83,839 2,123,641.87
0.16 DTE DTE 5 3/8 06/01/76 BDB4PB7 25.30 83,843 2,121,227.90
0.16 VNO VNO 5.4 PERP B8K7RN8 25.24 83,838 2,116,071.12
0.16 CMS CMS 5 7/8 10/15/78 BFXBC20 27.06 78,185 2,115,686.10
0.16 DHC DHC 5 5/8 08/01/42 BKRTG67 21.48 97,787 2,100,464.76
0.16 PRE PRE 7 1/4 PERP BD36RR1 25.27 82,041 2,073,176.07
0.15 AHL AHL 5.95 PERP B94QMV1 26.75 76,835 2,055,336.25
0.15 WRB WRB 5 3/4 06/01/56 BYT15X9 25.31 80,952 2,048,895.12
0.15 PSA PSA 5.15 PERP BYZ2PF8 26.19 78,173 2,047,350.87
0.15 DTE DTE 6 12/15/76 BDDN1W5 25.77 78,173 2,014,518.21
0.15 SO SO 5 10/01/77 BZ60HT6 26.66 75,444 2,011,337.04
0.15 APO APO 6 3/8 PERP BKRLVJ1 25.84 76,838 1,985,493.92
0.15 NSUS NSUS 7 5/8 PERP BF0XV77 18.40 107,470 1,977,448.00
0.15 EIX EIX 5 3/4 PERP BK74GK6 25.74 76,818 1,977,295.32
0.15 NAVI NAVI 6 12/15/43 BDRW5R1 23.57 83,835 1,975,990.95
0.15 PBCT PBCT 5 5/8 PERP BYX8VH2 28.11 69,764 1,961,066.04
0.15 AMG AMG 4 3/4 09/30/60 BN0VM18 25.31 76,834 1,944,668.54
0.15 USM USM 7 1/4 12/01/63 BSS6JM0 25.31 76,827 1,944,491.37
0.15 RNR RNR 5 3/8 PERP BB2BRH3 25.27 76,827 1,941,418.29
0.14 KIM KIM 5 1/4 PERP BD0RST6 26.13 73,859 1,929,935.67
0.14 ETR ETR 4 7/8 09/01/66 BD0S963 25.54 75,431 1,926,507.74
0.14 AMH AMH 6 1/2 PERP BYYM2P8 25.59 75,006 1,919,403.54
0.14 PSA PSA 4.7 PERP BK72JQ7 26.22 72,281 1,895,207.82
0.14 ETR ETR 4.9 10/01/66 BD5NDN8 25.90 72,626 1,881,013.40
0.14 PRUFIN PRUFIN 6 3/4 PERP B02FFZ2 26.94 69,763 1,879,415.22
0.14 SR SR 5.9 PERP BJV8KN8 26.78 69,761 1,868,199.58
0.14 RNR RNR 5 3/4 PERP BFMZ665 26.67 69,765 1,860,632.55
0.14 SO SO 5 PERP BF2FQN2 26.49 69,765 1,848,074.85
0.14 AL AL 6.15 PERP BJR4L26 26.42 69,752 1,842,847.84
0.14 NRUC NRUC 5 1/2 05/15/64 BJBL059 26.37 69,772 1,839,887.64
0.14 BPY BPY 5 3/4 PERP BLK7825 22.83 80,230 1,831,650.90
0.14 FITB FITB 4.95 PERP BKKBGL5 26.13 69,761 1,822,854.93
0.14 AHL AHL 5 5/8 PERP BKDJPD1 25.85 69,750 1,803,037.50
0.13 AHL AHL 5 5/8 PERP BD915N2 25.71 69,754 1,793,375.34
0.13 BAC BAC 3 PERP B06H0T3 21.22 83,452 1,770,851.44
0.13 AEGON AEGON 4 PERP B0VR708 25.09 69,743 1,749,851.87
0.13 BC BC 6 3/8 04/15/49 BJT13Z2 27.10 64,214 1,740,199.40
0.13 OAK OAK 6.55 PERP BG4SNK2 26.49 65,552 1,736,472.48
0.13 PSA PSA 4 3/4 PERP BKSD8W8 26.77 64,220 1,719,169.40
0.13 SF SF 6 1/8 PERP BMDX0S7 27.22 62,899 1,712,110.78
0.13 AGO AGO 6 1/4 11/01/02 2094603 26.18 64,202 1,680,808.36
0.12 PSB PSB 5 1/4 PERP BYWJV43 25.82 64,205 1,657,773.10
0.12 TVA TVA 2.216 05/01/29 2520249 25.51 64,777 1,652,461.27
0.12 SLG SLG 6 1/2 PERP B89P3T1 25.56 64,197 1,640,875.32
0.12 KIM KIM 5 1/8 PERP BF47T71 26.09 62,889 1,640,774.01
0.12 PSA PSA 4 1/8 PERP BKPVDZ3 25.55 64,210 1,640,565.50
0.12 AMH AMH 6.35 PERP BD4FGR0 25.50 64,199 1,637,074.50
0.12 DLR DLR 5.85 PERP BJR2164 27.53 58,674 1,615,295.22
0.12 DHC DHC 6 1/4 02/01/46 BKRTG78 23.02 69,736 1,605,322.72
0.12 SF SF 5.2 10/15/47 BD9FPT0 25.52 62,887 1,604,876.24
0.12 QVCN QVCN 6 3/8 09/13/67 BF5K8M7 25.30 62,881 1,590,889.30
0.11 SNV SNV 6.3 PERP BG1FRQ0 26.28 57,644 1,514,815.15
0.11 AFG AFG 5 1/8 12/15/59 BJQY934 26.12 57,743 1,508,247.16
0.11 BEPUCN BEPUCN 5 1/4 PERP BL0FH99 25.51 58,772 1,499,273.72
0.11 CMS CMS 5 5/8 03/15/78 BYWSYZ2 25.86 57,811 1,494,992.46
0.11 PSA PSA 5 1/8 PERP BYYTYR5 25.64 57,772 1,481,274.08
0.11 LNT LNT 5.1 PERP B9FH785 25.62 57,773 1,480,144.26
0.11 EIX EIX 5.1 PERP B93SGN8 24.11 61,323 1,478,497.53
0.11 DLR DLR 5 1/4 PERP BD0YJ83 26.42 55,786 1,473,866.12
0.11 CIT CIT 5 5/8 PERP BK7G7H6 25.93 55,790 1,446,634.70
0.11 DDS DDS 7 1/2 08/01/38 2613741 25.83 55,774 1,440,642.42
0.11 DLR DLR 6 5/8 PERP BF99WK6 25.63 56,048 1,436,510.24
0.11 SJI SJI 5 5/8 09/16/79 BKMGY03 25.26 55,781 1,409,028.06
0.11 GS GS 4 PERP B0N0V47 24.49 57,497 1,408,101.53
0.10 ENR ENR 7 1/2 01/15/22 BHPRLT0 92.55 15,022 1,390,286.10
0.10 BIP BIP 5 1/8 PERP BL55WZ5 24.90 55,785 1,389,046.50
0.10 WRB WRB 5.7 03/30/58 BFMXK34 26.63 51,588 1,373,788.44
0.10 PSB PSB 5.2 PERP BYM78Y6 25.91 52,842 1,369,136.22
0.10 TRTN TRTN 7 3/8 PERP BK26FC2 26.45 50,167 1,326,917.15
0.10 TCF 5.7 PERP BK9HD57 25.67 51,433 1,320,285.11
0.10 BXS BXS 5 1/2 PERP BK72QR7 25.87 49,819 1,288,817.53
0.10 HWC HWC 6 1/4 06/15/60 BMXB7Y6 26.68 48,142 1,284,428.56
0.10 SITC SITC 6 3/8 PERP BGL0NT0 25.43 50,091 1,273,814.13
0.09 TFC TFC 4 PERP BKMF2F1 25.30 49,861 1,261,483.30
0.09 OPI OPI 6 3/8 06/23/50 BK80YB0 25.90 45,155 1,169,514.50
0.09 FHN FHN 6 1/2 PERP BMH5VC0 27.12 41,837 1,134,619.44
0.08 AFG AFG 5 5/8 06/01/60 BMWJ1L6 26.97 41,840 1,128,424.80
0.08 AMH AMH 5 7/8 PERP BD34WL4 25.75 43,155 1,111,241.25
0.08 TRTN TRTN 6 7/8 PERP BKX9W41 25.89 42,785 1,107,703.65
0.08 NSUS NSUS 9 PERP BD1KJ79 22.99 48,087 1,105,520.13
0.08 ARGO ARGO 7 PERP BMVZ8X6 26.41 41,829 1,104,816.83
0.08 KKR KKR 6 1/2 PERP BGDQBR0 25.56 43,165 1,103,297.40
0.08 FRT FRT 5 PERP BF8PCZ0 25.93 41,824 1,084,287.20
0.08 SITC SITC 6 1/4 PERP BGL0NX4 25.27 42,691 1,078,801.57
0.08 BOKF BOKF 5 3/8 06/30/56 BD37ZJ2 25.43 41,817 1,063,406.31
0.07 EPR EPR 5 3/4 PERP BF0WJH0 23.87 41,792 997,575.04
0.07 WTFC WTFC 6 1/2 PERP BYRYFQ3 27.14 36,719 996,553.66
0.07 NYCB NYCB 6 11/01/51 2049603 48.90 20,178 986,704.20
0.07 FMBI FMBI 7 PERP BLB3048 27.90 34,184 953,733.60
0.07 BC BC 6 5/8 01/15/49 BH42ZM7 27.14 34,833 945,367.62
0.07 EPR EPR 5 3/4 PERP B8MGH66 24.78 37,553 930,563.34
0.07 DCOM 5 1/2 PERP BMFZ6W7 24.75 36,835 911,666.25
0.07 FTAI FTAI 8 PERP BL4PTS8 24.37 36,708 894,573.96
0.07 COF COF 4 5/8 PERP BLNPMY6 25.15 34,820 875,723.00
0.06 STAR STAR 7 1/2 PERP 2440518 25.29 33,754 853,638.66
0.06 AMH AMH 5 7/8 PERP BDFG5B9 26.00 32,068 833,768.00
0.06 FMBI FMBI 7 PERP BMZNBV5 27.65 30,082 831,767.30
0.06 QTS QTS 7 1/8 PERP BFZ1JT4 27.40 29,736 814,781.27
0.06 ASB ASB 5 5/8 PERP BMTD069 26.36 27,877 734,837.72
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 12/31, PFFD was rated against the following number of Preferred Stock funds over the following time periods: 54 during the last 3 years. With respect to these Preferred Stock funds, PFFD received a Morningstar Rating of 5 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.)