Key stats
About Global X U.S. Preferred ETF
Expense ratio
0.23%
Home page
Inception date
Sep 11, 2017
ISIN
US37954Y6573
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
What's in the fund
Exposure type
Finance
Stocks98.67%
Finance81.36%
Communications5.97%
Utilities5.70%
Consumer Durables1.78%
Industrial Services1.04%
Consumer Services0.71%
Producer Manufacturing0.61%
Distribution Services0.49%
Government0.35%
Transportation0.25%
Retail Trade0.22%
Commercial Services0.18%
Bonds, Cash & Other1.33%
UNIT1.35%
Cash−0.01%