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 10/22/20

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 $186,719,791
NAV $11.25
Shares Outstanding 16,600,000
Total Expense Ratio 0.58%

Distributions

30-Day SEC Yield 5.98%
12-Month Trailing Yield 6.18%
Distribution Yield 5.91%
Distribution Frequency Monthly

Fund Prices As of 10/22/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $11.25 Market Price $11.25 0.27%
Daily Change $0.06 0.54% Daily Change $0.07 0.63%  

Performance History

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.

Top 10 Holdings As of 10/22/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
5.02 ALLY ALLY 6.06513 02/15/40 B4066X0 25.49 367,574 9,369,461.26
4.99 AVGO AVGO 8 09/30/22 BKTDW14 1,245.08 7,481 9,314,443.48
4.09 HSBC HSBC 6.2 PERP B0L5JR3 25.70 297,134 7,636,343.80
3.61 USB USB 6 1/2 PERP B4K9QZ1 26.88 250,791 6,741,262.08
3.59 JPM JPM 6.15 PERP BYY9TN6 25.67 261,287 6,707,237.29
3.58 QRTEV QURATE RETAIL INC-PFD BMH2T16 99.00 67,562 6,688,638.00
3.47 BAC BAC 6.2 PERP BYQQMN6 25.63 252,799 6,479,238.37
3.01 C C 6 7/8 PERP BG05028 27.94 201,068 5,617,839.92
2.87 WFC WFC 6 5/8 PERP BH7Y8S7 28.45 188,223 5,354,944.35
2.77 ATH ATH 6.35 PERP BK1MHD6 27.20 190,318 5,176,649.60
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. 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.