SPFF

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.

Why 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 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 07/23/21

Key Facts

Ticker	SPFF
Inception Date	07/16/12
CUSIP	37950E333
ISIN	US37950E3339
Bloomberg Index Ticker	SPPEYN
Primary Exchange	NYSE Arca
Number of Holdings	42

Stats & Fees

Net Assets	$223,262,558
Net Asset Value (NAV)	$12.00
Shares Outstanding	18,610,000
Total Expense Ratio	0.58%

Distributions

30-Day SEC Yield	5.28%
12-Month Trailing Yield	5.80%
Distribution Yield	5.54%
Distribution Frequency	Monthly

Fund Documents

Fund Research

Fund Prices As of 07/23/21

NAV	$12.00	Daily Change	$0.02	0.20%
Market Price	$12.04	Daily Change	$0.05	0.38%
30-Day Median Bid-Ask Spread	0.17%

As of recent month & quarter-end (06/30/21) As of recent month & quarter-end (06/30/21)	Fund NAV	Market Price	Index
1 Year	22.20%	21.71%	23.03%
3 Years	6.75%	6.84%	7.21%
5 Years	4.24%	4.24%	4.77%
Since Inception	4.38%	4.56%	5.00%
1 Year	22.20%	21.71%	23.03%
3 Years	6.75%	6.84%	7.21%
5 Years	4.24%	4.24%	4.77%
Since Inception	4.38%	4.56%	5.00%
Year-to-Date	4.67%	4.75%	5.05%
1 Month	1.06%	1.14%	1.15%
3 Months	3.14%	2.96%	3.29%
Since Inception	46.85%	49.16%	54.89%
Year-to-Date	4.67%	4.75%	5.05%
1 Month	1.06%	1.14%	1.15%
3 Months	3.14%	2.96%	3.29%
Since Inception	46.85%	49.16%	54.89%

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
5.74	BDX	BDX 6 06/01/23	BL6D429	55.17	232,429	12,823,107.93
5.74	ALLY	ALLY 5.94088 02/15/40	B4066X0	26.23	488,294	12,807,951.62
5.68	AVGO	AVGO 8 09/30/22	BKTDW14	1,536.40	8,250	12,675,300.00
4.92	PNC	PNC 6 1/8 PERP	B7Y1SH0	25.99	422,360	10,977,136.40
4.29	QRTEV	QURATE RETAIL INC-PFD	BMH2T16	108.05	88,547	9,567,503.35
3.64	USB	USB 6 1/2 PERP	B4K9QZ1	25.81	315,231	8,134,882.71
3.43	BAC	BAC 6 PERP	BFZNM46	27.22	281,481	7,661,912.82
3.21	ATH	ATH 6.35 PERP	BK1MHD6	29.52	242,457	7,157,330.64
3.07	WFC	WFC 6 5/8 PERP	BH7Y8S7	28.71	238,682	6,852,560.22
2.84	CNP	CNP 7 09/01/21	BGNKDQ5	46.45	136,346	6,333,271.70
2.70	C	C 6.5555 10/30/40	B3Z1BZ0	27.96	215,587	6,027,812.52
2.68	ET	ET 7.6 PERP	BNZGZ86	25.25	236,615	5,974,528.75
2.56	SYF	SYF 5 5/8 PERP	BK77YC3	27.11	210,706	5,712,239.66
2.49	JPM	JPM 6 PERP	BJ2KBT6	28.16	197,758	5,568,865.28
2.49	GS	GS 6 3/8 PERP	BLTV2N7	28.49	194,847	5,551,191.03
2.42	SCHW	SCHW 5.95 PERP	BYPFT55	25.40	212,516	5,397,906.40
2.36	NLY	NLY 6.95 PERP	BD0B1Y4	25.98	203,032	5,274,771.36
2.08	WCC	WCC 10 5/8 PERP	BLFBXS3	30.90	150,102	4,638,151.80
2.05	MS	MS 6 3/8 PERP	BQT2G00	28.57	160,497	4,585,399.29
2.03	HIG	HIG 7 7/8 04/15/42	B5T5F94	26.27	172,120	4,521,592.40
1.99	CEQP	CEQP 9 1/4 PERP	BD6VLS2	9.38	474,113	4,447,179.94
1.92	CHSINC	CHSINC 7 1/2 PERP	BVDPSJ3	29.21	146,545	4,280,579.45
1.85	RF	RF 6 3/8 PERP	BLZHDQ9	29.04	142,384	4,134,831.36
1.84	AGNC	AGNC 6 1/8 PERP	BK8ZYQ0	25.20	162,798	4,102,509.60
1.83	C	C 6 7/8 PERP	BG05028	28.48	143,788	4,095,082.24
1.77	MS	MS 7 1/8 PERP	BF4YJ94	28.60	138,428	3,959,040.80
1.73	MS	MS 6 7/8 PERP	BH5QGM5	28.02	137,636	3,856,560.72
1.67	FITB	FITB 6 5/8 PERP	BH58353	28.95	128,828	3,729,570.60
1.62	MNR	MNR 6 1/8 PERP	BD8DS30	25.30	142,743	3,611,397.90
1.51	ET	ET 7 3/8 PERP	BNZGZ19	25.17	133,722	3,365,782.74
1.50		ETP 7 5/8 PERP	BNZGZ31	25.37	131,921	3,346,848.96
1.47	TDS	TDS 6 5/8 PERP	BMDKP83	28.89	113,578	3,281,268.42
1.45	NLY	NLY 6 3/4 PERP	BK4QDZ9	26.23	123,109	3,228,730.50
1.39	NLY	NLY 6 1/2 PERP	BF4M2M2	25.82	120,403	3,108,805.46
1.39	PBI	PBI 6.7 03/07/43	B9CDPW6	25.83	119,770	3,093,659.10
1.34	RGA	RGA 6.2 09/15/42	B711QX5	26.60	112,678	2,997,234.80
1.31	AGNC	AGNC 6 1/2 PERP	BK71BY6	25.70	113,408	2,914,585.60
1.28	NSUS	NSUS 6.86013 01/15/43	B8S0HY0	25.45	111,968	2,849,585.60
1.16	NRZ	NRZ 6 3/8 PERP	BLCF612	23.15	111,989	2,592,545.35
1.14	C	C 7 1/8 PERP	BDX8YP4	28.06	90,724	2,545,715.44
1.13	RLJ	RLJ 1.95 PERP	BF2N465	28.68	87,774	2,517,358.32
1.08	AGNC	AGNC 7 PERP	BDH3TH2	25.91	92,866	2,406,158.06
0.25		CASH		1.00	554,111	554,111.42

Holdings are subject to change.

Latest Premium / Discount As of 07/23/21

NAV	$12.00
Market Price	$12.04
Premium / (Discount)	$0.04

Current View 2021 Q3 As of 07/23/21

Days at Premium	16
Days at NAV	0
Days at Discount	0
Greatest Premium	0.36%
Greatest Discount	0.00%

Daily Premium / Discount History As of 07/23/21

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

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.