A bargain income ETF with some capital gains potentialI discovered this REIT ETF a while back during the March crash and it looks like the dividend yield is pretty good. Prior to the crash, the ETF paid a monthly dividend of 10¢ per month ($1.20 per share annually). After the crash, the dividend reduced to 6¢ a month due to the disruption of businesses
Key stats
About Global X SuperDividend REIT ETF
Home page
Inception date
Mar 16, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37960A6516
SRET is part of a suite of income-producing ETFs from the issuer, called SuperDividend, that focuses on providing income from various types of securities. This fund tracks an index of 30 REITS from both developed and emerging countries. From a starting universe of real estate investment trusts ranked by dividend yield, the top 60 companies are considered. The fund selects the top 30 securities with the lowest 90-day volatility. During the quarterly review, REITs are assessed based on dividend cuts or the companys dividend policy outlook. The fund may engage in securities lending. The index is rebalanced quarterly, assigning each stock with equal weights.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GGXH assets under management is 174.41 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GGXH invests in stocks. See more details in our Analysis section.
GGXH expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GGXH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, GGXH pays dividends to its holders with the dividend yield of 8.14%.
GGXH shares are issued by Mirae Asset Global Investments Co., Ltd.
GGXH follows the Solactive Global Superdividend REIT Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 16, 2015.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.