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SPFF

SuperIncome Preferred ETF

Overview Prices & Performance Holdings & Characteristics Research Documents

Reasons to Consider SPFF

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 has made monthly distributions 10 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 03/21/23

Inception Date	07/16/12
Total Expense Ratio	0.58%
Net Assets	$192.50 million
NAV	$9.27
Fact Sheet

ETF Summary

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

ETF 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.

Trading Details As of 03/21/23

Ticker	SPFF
Bloomberg Index Ticker	SPPEYT
CUSIP	37950E333
ISIN	US37950E3339
Primary Exchange	NYSE Arca
Shares Outstanding	20,760,000
Number of Holdings	45
30-Day Median Bid-Ask Spread	0.20%

Distributions As of 03/21/23

30-Day SEC Yield	6.65%
12-Month Trailing Yield	7.48%
Distribution Yield	6.99%
Distribution Frequency	Monthly

ETF Prices As of 03/21/23

NAV	$9.27	Daily Change	$0.17	1.87%
Market Price	$9.29	Daily Change	$0.22	2.43%

As of recent (12/31/22) As of recent (12/31/22)	Fund NAV	Market Price	Index
1 Year	-14.74%	-14.23%	-14.36%
3 Years	-1.35%	-1.24%	-0.84%
5 Years	1.05%	1.21%	1.51%
10 Years	2.02%	2.04%	2.61%
Since Inception	2.23%	2.42%	2.83%
1 Year	-2.44%	-2.43%	-2.03%
3 Years	2.82%	2.89%	3.34%
5 Years	3.05%	3.11%	3.51%
10 Years	2.73%	2.72%	3.33%
Since Inception	3.05%	3.21%	3.65%
Year-to-Date	-14.74%	-14.23%	-14.36%
1 Month	-4.94%	-4.25%	-4.96%
3 Months	-3.26%	-2.65%	-3.17%
Since Inception	26.00%	28.42%	33.93%
Year-to-Date	9.22%	8.97%	9.31%
1 Month	-0.92%	-0.73%	-0.89%
3 Months	3.83%	4.34%	3.89%
Since Inception	37.62%	39.93%	46.41%

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
5.95	BDX	BDX 6 06/01/23	BL6D429	48.92	234,226	11,458,335.92
5.74	JPM	JPM 6 PERP	BJ2KBT6	25.10	440,076	11,045,907.60
4.39	DUK	DUK 5 3/4 PERP	BJXH6L3	25.18	335,267	8,442,023.06
3.57	BAC	BAC 6 PERP	BFZNM46	24.54	280,075	6,873,040.50
3.17	ATH	ATH 6.35 PERP	BK1MHD6	21.01	290,125	6,095,526.25
3.12	SCHW	SCHW 5.95 PERP	BYPFT55	24.03	249,965	6,006,658.95
3.11	STT	STT 5.9 PERP	BK4Z903	23.51	254,685	5,987,644.35
3.06	GS	GS 6 3/8 PERP	BLTV2N7	25.19	233,461	5,880,882.59
2.80	NLY	NLY 9.72286 PERP	BD0B1Y4	24.17	222,836	5,385,946.12
2.79	C	C 11.1724 10/30/40	B3Z1BZ0	27.26	197,330	5,379,215.80
2.78	WFC	WFC 5.85 PERP	BCD53N9	23.37	229,107	5,354,230.59
2.67	CLVT	CLVT 5 1/4 06/01/24	BM91P35	42.95	119,823	5,146,397.85
2.56	COF	COF 5 PERP	BGMJPW3	18.84	261,163	4,920,310.92
2.51	ALL	ALL 5 5/8 PERP	BD5F0W2	25.23	191,527	4,832,226.21
2.24	BAC	BAC 5 7/8 PERP	BYVQZ09	24.11	179,065	4,317,257.15
2.16	SYF	SYF 5 5/8 PERP	BK77YC3	16.53	251,182	4,152,038.46
2.16	KEY	KEY 6.2 PERP	BPLPQT9	21.10	196,593	4,148,112.30
2.11	MS	MS 6 1/2 PERP	BQH5ZL5	25.35	160,315	4,063,985.25
2.10	QRTEV	QRTEA 8 03/15/31	BMH2T16	38.00	106,141	4,033,358.00
2.09	NI	NI 6 1/2 PERP	BGYJZ76	24.13	166,729	4,023,170.77
2.01	COF	COF 4.8 PERP	BK9PWX2	18.07	214,489	3,875,816.23
2.00	AIG	AIG 5.85 PERP	BJM0FP0	22.89	168,560	3,858,338.40
1.99	AGNC	AGNC 6 1/8 PERP	BK8ZYQ0	19.63	194,758	3,823,099.54
1.98	RF	RF 6 3/8 PERP	BLZHDQ9	22.39	170,591	3,819,532.49
1.86	FITB	FITB 6 5/8 PERP	BH58353	23.66	151,625	3,587,447.50
1.84	MS	MS 7 1/8 PERP	BF4YJ94	25.40	139,650	3,547,110.00
1.77	TDS	TDS 6 PERP	BNSNM38	13.77	246,775	3,398,091.75
1.75	MS	MS 6 7/8 PERP	BH5QGM5	24.84	135,776	3,372,675.84
1.72	ATH	ATH 4 7/8 PERP	BMC8G63	16.86	195,949	3,303,700.14
1.71	C	C 6 7/8 PERP	BG05028	24.87	132,672	3,299,552.64
1.64	BHF	BHF 5 3/8 PERP	BN0TD19	16.35	193,123	3,157,561.05
1.60	NLY	NLY 6 3/4 PERP	BK4QDZ9	22.54	136,685	3,080,879.90
1.59	RITM	RITM 7 PERP	BMHVDC2	18.91	161,679	3,057,349.89
1.58	NLY	NLY 6 1/2 PERP	BF4M2M2	22.78	133,740	3,046,597.20
1.58	CFG	CFG 5 PERP	BK229B7	20.04	151,647	3,039,005.88
1.52	WFC	WFC 4.7 PERP	BMYVT83	18.57	157,818	2,930,680.26
1.50	AGNC	AGNC 6 1/2 PERP	BK71BY6	20.91	137,898	2,883,447.18
1.44	WFC	WFC 6 5/8 PERP	BH7Y8S7	24.38	113,880	2,776,394.40
1.42	PACW	PACW 7 3/4 PERP	BNM26D9	15.98	171,160	2,735,136.80
1.39	AGNC	AGNC 9.90343 PERP	BDH3TH2	24.73	107,823	2,666,462.79
1.29	PARA	PARA 5 3/4 04/01/24	BMYLJW7	29.24	85,041	2,486,598.84
1.21	TDS	TDS 6 5/8 PERP	BMDKP83	15.57	148,963	2,319,353.91
1.09	C	C 7 1/8 PERP	BDX8YP4	25.13	83,724	2,103,984.12
1.00	COF	COF 4 3/8 PERP	BMX47S9	16.54	116,504	1,926,976.16
0.41		CASH		1.00	789,938	789,937.81
0.03	SBNY	SBNY 5 PERP	BN4GB67	0.25	252,181	63,045.25

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Research

Variable Rate Preferreds for a Rising Rate Environment

Latest Premium / Discount As of 03/21/23

NAV	$9.27
Market Price	$9.29
Premium / (Discount)	$0.01

Current View 2023 Q1 As of 03/21/23

Days at Premium	44
Days at NAV	0
Days at Discount	10
Greatest Premium	0.83%
Greatest Discount	-0.43%

Daily Premium / Discount History As of 03/21/23

Hover over the chart points for details

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

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. 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 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.