TFIV


TargetIncome 5 ETF

Fund Summary

The Global X TargetIncome™ 5 ETF (TFIV) seeks to provide broad exposure to income-producing asset classes using a portfolio of ETFs, with the goal of supporting an annualized yield of 5%, net of fees.

Fund Objective

The Global X TargetIncome™ 5 ETF (TFIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Wilshire TargetIncome 5% Plus Index℠.

Why TFIV?

5% Income Target

In aiming for an annualized 5% yield, net of fees, TFIV seeks to offer investors a specific outcome.

Dynamic Risk Management

TFIV’s index looks to minimize portfolio risk by optimizing allocations across 11 potential asset classes while attempting to meet its stated yield target.

Monthly Distributions

TFIV makes distributions on a monthly basis.

Fund Details As of 10/27/20

Key Facts

Ticker TFIV
Inception Date 07/27/18
CUSIP 37954Y582
ISIN US37954Y5823
Bloomberg Index Ticker WTIFIVTR
Primary Exchange Cboe
Number of Holdings 7

Stats & Fees

Net Assets $4,461,689
NAV $22.31
Shares Outstanding 200,002
Management Fee 0.39%
Acquired Fund Fees & Other Expenses 0.38%
Total Expense Ratio 0.77%

Distributions

30-Day SEC Yield 4.29%
12-Month Trailing Yield 5.95%
Distribution Yield 5.01%
Distribution Frequency Monthly

Fund Prices As of 10/27/20

NAV Price 30-Day Median Bid-Ask Spread
Net Asset Value $22.31 Market Price $22.31 0.27%
Daily Change $0.00 -0.02% Daily Change $0.01 0.04%  

Performance History

Cumulative %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
Year-to-Date -5.49% -5.53% -5.17%
1 Month -1.00% -1.00% -0.96%
3 Months 2.00% 2.00% 2.15%
6 Months 11.10% 10.99% 11.39%
Since Inception 0.73% 0.73% 1.69%

Avg Annualized %

Data as of month-end (09/30/20)

Fund NAV Market Price Index
1 Year -3.04% -3.12% -2.61%
Since Inception 0.34% 0.33% 0.77%

Avg Annualized %

Data as of quarter-end (09/30/20)

Fund NAV Market Price Index
1 Year -3.04% -3.12% -2.61%
Since Inception 0.34% 0.33% 0.77%

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 Holdings As of 10/27/20

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
20.11 TLT ISHARES 20+ YEAR 2971546 160.55 5,589 897,313.95
20.05 EMLC VANECK EM LCL BD BGSDJR2 31.09 28,775 894,614.75
19.68 SDIV GLOBAL X SUPERDI B52C1C7 10.92 80,423 878,219.16
15.14 SRLN SPDR SENIOR LOAN B9N2YK3 44.55 15,161 675,422.55
15.08 HYLB XTRACKERS USD HI BZCGC26 48.29 13,936 672,969.44
5.04 AGG ISHARES CORE U.S 2897404 117.90 1,907 224,835.30
4.85 DIV GLOBAL X US DIV B8HXKG3 15.34 14,111 216,414.76
0.04 CASH 1.00 1,900 1,899.55
Holdings are subject to change.

Investing involves risk, including the possible loss of principal. There is no guarantee that the Fund will achieve its investment objective or produce the targeted price or yield performance. In addition to the normal risks associated with investing, the Fund may invest in MLPs, infrastructure investments, REITs, mortgage REITs, and preferred stocks. Narrowly focused investments may be subject to higher volatility. 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. TFIV 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 October 15, 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 October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. 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.

Since the Fund’s shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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 Wilshire, nor does Wilshire 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 Wilshire.