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.
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.
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℠.
In aiming for an annualized 5% yield, net of fees, TFIV seeks to offer investors a specific outcome.
TFIV’s index looks to minimize portfolio risk by optimizing allocations across 11 potential asset classes while attempting to meet its stated yield target.
TFIV makes distributions on a monthly basis.
| Ticker | TFIV |
| Inception Date | 07/27/18 |
| CUSIP | 37954Y582 |
| ISIN | US37954Y5823 |
| Bloomberg Index Ticker | WTIFIVTR |
| Primary Exchange | Cboe |
| Number of Holdings | 6 |
| Net Assets | $6,503,905 |
| Net Asset Value (NAV) | $24.09 |
| Shares Outstanding | 270,002 |
| Management Fee | 0.39% |
| Acquired Fund Fees & Other Expenses | 0.36% |
| Total Expense Ratio | 0.75% |
| 30-Day SEC Yield | 5.22% |
| 12-Month Trailing Yield | 4.93% |
| Distribution Yield | 5.01% |
| Distribution Frequency | Monthly |
|
As of recent month & quarter-end (06/30/21)
As of recent month & quarter-end (06/30/21)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 16.05% | 16.10% | 16.59% |
| Since Inception | 4.77% | 4.78% | 5.22% |
| 1 Year | 16.05% | 16.10% | 16.59% |
| Since Inception | 4.77% | 4.78% | 5.22% |
| Year-to-Date | 5.64% | 5.77% | 5.86% |
| 1 Month | 0.46% | 0.46% | 0.47% |
| 3 Months | 4.07% | 4.12% | 4.20% |
| Since Inception | 14.61% | 14.65% | 16.07% |
| Year-to-Date | 5.64% | 5.77% | 5.86% |
| 1 Month | 0.46% | 0.46% | 0.47% |
| 3 Months | 4.07% | 4.12% | 4.20% |
| Since Inception | 14.61% | 14.65% | 16.07% |
Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 20.36 | HYLB | XTRACKERS USD HI | BZCGC26 | 40.23 | 32,922 | 1,324,452.06 |
| 20.36 | PFFD | GLOBAL X US PREFERRED ETF | BZ0WZ61 | 25.94 | 51,048 | 1,324,185.12 |
| 20.09 | SRLN | SPDR BLACKSTONE | B9N2YK3 | 45.83 | 28,508 | 1,306,521.64 |
| 19.74 | EMLC | VANECK EM LCL BD | BGSDJR2 | 31.08 | 41,308 | 1,283,852.64 |
| 14.13 | SDIV | GLOBAL X SUPERDI | B52C1C7 | 13.35 | 68,836 | 918,960.60 |
| 5.13 | AGG | ISHARES CORE U.S | 2897404 | 116.49 | 2,866 | 333,860.34 |
| 0.19 | CASH | 1.00 | 12,073 | 12,072.63 |
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.
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