SuperIncome™ Preferred ETF

Fund Summary

The Global X SuperIncome™ Preferred ETF (SPFF) invests in 50 of the highest yielding preferred stocks in North America.

Fund Objective

The Global X SuperIncome™ Preferred ETF (SPFF) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Enhanced Yield North American Preferred Stock Index.


High Income Potential

SPFF invests in 50 of the highest yielding preferreds in the U.S. and Canada, potentially increasing a portfolio's yield.

Monthly Distributions

SPFF makes distributions on a monthly basis and has made distributions each month for over 8 years.

Preferential Tax Treatment

Preferred securities may also provide an income advantage. Income from preferred stocks may be treated as qualified dividends (QDI), rather than as regular interest income.

Fund Details As of 9/21/20

Key Facts

Ticker SPFF
Inception Date 7/16/12
CUSIP 37950E333
ISIN US37950E3339
Bloomberg Index Ticker SPPEYN
Primary Exchange NYSE Arca
Number of Holdings 49

Stats & Fees

Net Assets $183,180,981
NAV $11.10
Shares Outstanding 16,500,000
Total Expense Ratio 0.58%


30-Day SEC Yield 5.90%
12-Month Trailing Yield 6.27%
Distribution Yield 6.19%
Distribution Frequency Monthly

Fund Prices As of 9/21/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $11.10 Closing Price $11.09 0.27%
Daily Change -$0.03 -0.30% Daily Change -$0.07 -0.58%  

Performance History

Cumulative %

Data as of month-end (8/31/20)

Fund NAV Closing Price Index
Year-to-Date -1.02% -0.48% -0.81%
1 Month 2.43% 2.98% 2.45%
3 Months 5.83% 6.69% 6.06%
6 Months 2.62% 3.27% 2.73%
Since Inception 29.91% 32.67% 36.27%

Avg Annualized %

Data as of month-end (8/31/20)

Fund NAV Closing Price Index
1 Year 2.03% 2.49% 2.39%
3 Years 2.33% 2.58% 2.80%
5 Years 2.53% 2.73% 3.03%
Since Inception 3.27% 3.54% 3.88%

Avg Annualized %

Data as of quarter-end (6/30/20)

Fund NAV Closing Price Index
1 Year -4.01% -3.71% -3.62%
3 Years -0.09% 0.02% 0.34%
5 Years 0.74% 0.82% 1.23%
Since Inception 2.34% 2.59% 2.93%

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.

Top 10 Holdings As of 9/21/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.57 AVGO AVGO 8 09/30/22 BKTDW14 1,231.69 8,315 10,241,502.35
5.55 ALLY ALLY 6.06513 02/15/40 B4066X0 25.12 405,605 10,188,797.60
4.09 AVTR AVTR 6 1/4 05/15/22 BJXKL39 74.26 101,087 7,506,720.62
3.73 HSBC HSBC 6.2 PERP B0L5JR3 25.67 267,120 6,856,970.40
3.45 USB USB 6 1/2 PERP B4K9QZ1 27.34 231,875 6,339,462.50
3.23 JPM JPM 6.15 PERP BYY9TN6 25.56 232,167 5,934,188.52
3.12 BAC BAC 6.2 PERP BYQQMN6 25.63 223,574 5,730,201.62
2.81 VER VER 6.7 PERP BYVVTL3 25.42 203,116 5,163,208.72
2.81 C C 6 7/8 PERP BG05028 27.75 185,912 5,159,058.00
2.76 ATH ATH 6.35 PERP BK1MHD6 26.26 193,106 5,070,963.56
Holdings are subject to change.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. 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. SPFF 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. Global X NAVs are calculated using prices as of 4:00 PM Eastern Time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange. Closing price returns 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.

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 Standard & Poors, nor does Standard & Poors 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 Standard & Poors.