SPFF


SuperIncomeSM Preferred ETF

Reasons to Consider SPFF

High Income Potential

SPFF invests in 50 of the highest yielding preferreds in the United States, potentially increasing a portfolio's yield.

Monthly Distributions

SPFF has made monthly distributions 12 years running.

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.

Key Information As of 12/13/24

Inception Date 07/16/12
Total Expense Ratio 0.48%
Net Assets $149.31 million
NAV $9.58
Fact Sheet View the document

ETF Summary

The Global X SuperIncomeSM Preferred ETF (SPFF) invests in 50 of the highest yielding preferred stocks in the United States.

ETF Objective

The Global X SuperIncomeSM Preferred ETF (SPFF) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. High Yield Preferred Index.

Trading Details As of 12/12/24

Ticker SPFF
Bloomberg Index Ticker SOLSPFF
CUSIP 37950E333
ISIN US37950E3339
Primary Exchange NYSE Arca
Shares Outstanding 15,580,000
Number of Holdings 50
30-Day Median Bid-Ask Spread 0.10%

Distributions As of 12/13/24

30-Day SEC Yield 5.99%
Trailing 12-Month Distribution (%) 6.03%
Distribution Rate 5.65%
Distribution Frequency Monthly

ETF Prices As of 12/13/24

NAV $9.58 Daily Change -$0.06 -0.62%
Market Price $9.58 Daily Change -$0.04 -0.42%

Performance History

As of recent
(09/30/24)
As of recent
(09/30/24)
Fund NAV Market Price Index
1 Year 18.18% 18.15% 18.60%
3 Years -0.52% -0.48% -0.16%
5 Years 2.45% 2.47% 2.93%
10 Years 2.33% 2.31% 2.90%
Since Inception 3.10% 3.25% 3.68%
1 Year 16.95% 16.95% 17.46%
3 Years 0.77% 0.71% 1.21%
5 Years 2.82% 2.81% 3.32%
10 Years 2.44% 2.40% 3.03%
Since Inception 3.22% 3.34% 3.79%
Year-to-Date 11.24% 11.72% 11.65%
1 Month 3.46% 3.68% 3.46%
3 Months 7.35% 7.45% 7.45%
Since Inception 45.27% 47.72% 55.47%
Year-to-Date 13.34% 13.59% 13.88%
1 Month 2.88% 2.99% 3.00%
3 Months 5.41% 5.41% 5.53%
Since Inception 48.00% 50.19% 58.58%

The Fund’s investment objective and investment strategies changed effective April 3, 2023. Hybrid index performance (noted as "Index" above in the chart) reflects the performance of the S&P Enhanced Yield North American Preferred Stock Index through March 31, 2023 and the Global X U.S. High Yield Preferred Index thereafter.

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 12/13/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
7.41 APO APO 6 3/4 07/31/26 BQVW6Z3 92.64 119,439 11,064,828.96
5.85 ALB ALB 7 1/4 03/01/27 BPCTR42 45.71 191,113 8,735,775.23
5.09 WFC WFC 7 1/2 PERP B3KRSW9 1,218.40 6,242 7,605,252.80
3.81 BAC BAC 7 1/4 PERP B2PB3Z7 1,249.87 4,547 5,683,158.89
3.22 JPM JPM 4 5/8 PERP BND7XB0 20.65 233,038 4,812,234.70
3.17 JPM JPM 4.2 PERP BN75VC7 18.78 251,933 4,731,301.74
2.87 MS MS 6 1/2 PERP BQH5ZL5 25.92 165,379 4,286,623.68
2.85 MTB MTB 7 1/2 PERP BS55Z77 26.76 159,232 4,261,048.32
2.75 MS MS 5.85 PERP BYYYY81 24.79 165,348 4,098,976.92
2.72 MS MS 4 1/4 PERP BMF4W82 18.90 215,009 4,063,670.10
2.57 JPM JPM 4.55 PERP BM8TGF9 20.29 188,798 3,830,711.42
2.29 ALL ALL 7 3/8 PERP BNBXR41 26.84 127,165 3,413,108.60
2.12 F F 6 1/2 08/15/62 BPJK038 24.84 127,121 3,157,253.43
2.10 ATH ATH 6.35 PERP BPSKDY1 24.07 130,049 3,130,279.43
2.03 SO SO 4.2 10/15/60 BMGS0L2 19.09 159,076 3,036,760.84
1.93 USB USB 4 PERP BMFDGD2 18.16 158,990 2,887,258.40
1.83 KEY KEY 6.2 PERP BPLPQT9 24.79 110,375 2,736,196.25
1.83 JXN JXN 8 PERP BMW6VL7 26.95 101,172 2,726,585.40
1.81 GTLS GTLS 6 3/4 12/15/25 BNTBQN9 73.02 36,991 2,701,082.82
1.78 APO APO 7 5/8 09/15/53 BQC5ZW1 26.91 98,943 2,662,556.13
1.77 EIX EIX 7 1/2 PERP BLFB156 26.14 101,165 2,644,453.10
1.69 LNC LNC 9 PERP BP398R1 27.47 91,948 2,525,811.56
1.60 RF RF 6.95 PERP BNM9HL5 25.96 91,896 2,385,620.16
1.60 SYF SYF 8 1/4 PERP BSNWT01 25.95 91,909 2,385,038.55
1.56 BANC BANC 7 3/4 PERP BMWDYS6 24.63 94,322 2,322,679.25
1.54 TDS TDS 6 PERP BNSNM38 18.12 126,912 2,299,010.88
1.50 RF RF 5.7 PERP BJMXZX7 24.41 91,871 2,242,571.11
1.50 KEY KEY 6 1/8 PERP BYQR0N5 24.32 91,878 2,234,472.96
1.49 SCHW SCHW 4.45 PERP BMW32F9 20.12 110,269 2,218,612.28
1.47 STT STT 5.35 PERP BYPK477 23.94 91,872 2,199,810.73
1.44 QRTEV QRTEA 8 03/15/31 BMH2T16 36.57 58,958 2,156,094.06
1.44 COF COF 4 3/8 PERP BMX47S9 17.33 124,142 2,151,380.86
1.41 AMG AMG 6 3/4 03/30/64 BSLL7L7 25.22 83,444 2,104,457.68
1.40 USM USM 5 1/2 06/01/70 BNMBT60 22.48 92,736 2,084,705.28
1.39 USM USM 5 1/2 03/01/70 BN7J7C1 22.45 92,735 2,081,900.75
1.39 RITM RITM 7 PERP BMHVDC2 24.00 86,239 2,069,736.00
1.38 FLG FLG 6 3/8 PERP BYVLYP2 21.56 95,508 2,059,142.93
1.33 CFG CFG 7 3/8 PERP BQGD2H5 26.78 74,180 1,986,540.40
1.32 BHF BHF 5 3/8 PERP BN0TD19 18.45 106,634 1,967,397.30
1.31 ATH ATH 7 3/4 PERP BPLKV33 26.21 74,637 1,956,235.77
1.27 TPG TPG 6.95 03/15/64 BRC7MJ0 25.57 74,180 1,896,782.60
1.14 SNV SNV 8.397 PERP BKFHSG7 26.10 64,910 1,694,151.00
1.13 FG FG 7.95 12/15/53 BNKG9F6 26.31 63,991 1,683,603.21
1.13 EIX EIX 6.95 PERP BSQL9V6 25.92 64,909 1,682,441.28
1.02 ESGR ESGR 7 PERP BFXXB52 20.59 74,206 1,527,901.54
0.99 WFC WFC 4.7 PERP BMYVT83 20.30 72,768 1,477,190.40
0.95 BAC BAC 4 1/4 PERP BMH4QB1 18.79 75,683 1,421,818.68
0.85 WFC WFC 4 3/8 PERP BL5C513 19.27 66,140 1,274,517.80
0.81 BAC BAC 4 3/8 PERP BMVXBP3 19.43 62,585 1,216,026.55
0.67 OTHER PAYABLE & RECEIVABLES 1.00 998,240 998,239.75
0.57 BAC BAC 4 3/4 PERP BN7SQB0 21.04 40,666 855,612.64
-0.08 CASH 1.00 -115,145 -115,144.60
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Research

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.

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 July 14, 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 July 14, 2020, market price returns were based on the midpoint between the Bid and Ask price. Market price returns. 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.

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 Global X U.S. High Yield Preferred Index is owned and was developed by Global X Management Company LLC for use by 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.