Global X U.S. Preferred ETFGlobal X U.S. Preferred ETFGlobal X U.S. Preferred ETF

Global X U.S. Preferred ETF

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Key stats

Assets under management (AUM)
‪2.32 B‬USD
Fund flows (1Y)
‪102.57 M‬USD
Dividend yield (indicated)
6.47%
Discount/Premium to NAV
0.7%

About Global X U.S. Preferred ETF

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.23%
Inception date
Sep 11, 2017
Index tracked
ICE BofA Diversified Core US Preferred Securities
Management style
Passive
PFFD offers inclusive coverage of US preferred stocks, with respect to both company size, credit quality, maturity, and issue characteristics (e.g., fixed vs. floating rate). Securities are selected and weighted by the market value of the preferred stock issue, plus any accrued interest. Exposure to individual issuers is capped at 10%. The fund may engage in securities lending up to one-third of its total assets. Using a sampling methodology in tracking the index, the fund invests in a sample of securities that collectively have a similar investment profile to the underlying index. The index is rebalanced quarterly.

Classification

Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 30, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Stocks98.43%
Finance81.16%
Communications5.95%
Utilities5.65%
Consumer Durables1.83%
Industrial Services1.04%
Consumer Services0.73%
Producer Manufacturing0.59%
Distribution Services0.49%
Government0.35%
Transportation0.24%
Retail Trade0.21%
Commercial Services0.19%
Bonds, Cash & Other1.57%
UNIT1.42%
Cash0.15%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows