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 10/19/20

Key Facts

Ticker	SPFF
Inception Date	07/16/12
CUSIP	37950E333
ISIN	US37950E3339
Bloomberg Index Ticker	SPPEYN
Primary Exchange	NYSE Arca
Number of Holdings	50

Stats & Fees

Net Assets	$186,297,701
NAV	$11.22
Shares Outstanding	16,600,000
Total Expense Ratio	0.58%

Distributions

30-Day SEC Yield	5.98%
12-Month Trailing Yield	6.20%
Distribution Yield	5.93%
Distribution Frequency	Monthly

Fund Documents

Fund Research

NAV			Price			30-Day Median Bid-Ask Spread
Net Asset Value	$11.22		Market Price	$11.21		0.27%
Daily Change	-$0.03	-0.25%	Daily Change	-$0.03	-0.27%

Cumulative % Data as of month-end (09/30/20)	Fund NAV	Market Price	Index
Year-to-Date	-2.03%	-1.66%	-1.70%
1 Month	-1.02%	-1.19%	-0.90%
3 Months	7.00%	6.97%	7.27%
6 Months	18.30%	18.59%	18.58%
Since Inception	28.58%	31.09%	35.05%

Avg Annualized % Data as of month-end (09/30/20)	Fund NAV	Market Price	Index
1 Year	-0.11%	0.27%	0.35%
3 Years	1.94%	2.08%	2.43%
5 Years	2.77%	2.82%	3.29%
Since Inception	3.11%	3.35%	3.73%

Avg Annualized % Data as of quarter-end (09/30/20)	Fund NAV	Market Price	Index
1 Year	-0.11%	0.27%	0.35%
3 Years	1.94%	2.08%	2.43%
5 Years	2.77%	2.82%	3.29%
Since Inception	3.11%	3.35%	3.73%

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.

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
5.05	AVGO	AVGO 8 09/30/22	BKTDW14	1,258.64	7,481	9,415,885.84
5.01	ALLY	ALLY 6.06513 02/15/40	B4066X0	25.38	367,574	9,329,028.12
4.13	HSBC	HSBC 6.2 PERP	B0L5JR3	25.88	297,134	7,689,827.92
3.63	USB	USB 6 1/2 PERP	B4K9QZ1	26.95	250,791	6,758,817.45
3.60	JPM	JPM 6.15 PERP	BYY9TN6	25.68	261,287	6,709,850.16
3.59	QRTEV	QURATE RETAIL INC-PFD	BMH2T16	98.98	67,562	6,687,286.76
3.48	BAC	BAC 6.2 PERP	BYQQMN6	25.61	252,799	6,474,182.39
3.03	C	C 6 7/8 PERP	BG05028	28.08	201,068	5,645,989.44
2.87	WFC	WFC 6 5/8 PERP	BH7Y8S7	28.45	188,223	5,354,944.35
2.78	ATH	ATH 6.35 PERP	BK1MHD6	27.23	190,318	5,182,359.14
Holdings are subject to change.

Latest Premium Discount As of 10/19/20

NAV	$11.22
Market Price	$11.21
Premium / (Discount)	($0.01)

Current View 2020 Q4 As of 10/19/20

Days at Premium	6
Days at NAV	0
Days at Discount	7
Greatest Premium	0.09%
Greatest Discount	-0.18%
Days between -0.5% to 0.0%	7
Days between 0.0% to 0.5%	6

Daily Premium Discount History As of 10/19/20

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.