GXIG provides investors with broad-based exposure to a basket of high-quality investment grade corporate bonds, delivered through the convenience and liquidity of an ETF.
With an average of over 20 years of experience managing investment grade corporate bond strategies, GXIG’s portfolio managers strive to generate excess returns while mitigating risk.
At a 0.15% expense ratio, GXIG offers a cost-efficient active approach to investment grade corporate bonds.
| Key Information |
The Global X Investment Grade Corporate Bond ETF (GXIG) is an actively managed ETF sub-advised by Mirae Asset Global Investments (USA) LLC that seeks a high level of total return, consisting of both income and capital appreciation, by investing in investment grade corporate bonds. For the purposes of portfolio construction, the sub-adviser utilizes a quantitative multifactor model and a deep neural network (the "Models") designed to provide insights and feedback on large quantities of data, to assist in security screening and analysis of investment grade corporate bonds, developed by Wealthspot LLC.
The Global X Investment Grade Corporate Bond ETF (GXIG) seeks a high level of total return consisting of both income and capital appreciation.
| Trading Details |
| Distributions |
| Taxes |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| Macaulay Duration | 7.6 Years | |
| Modified Duration | 7.45 | |
| Yield to Maturity | 5.14% | |
| Issuer Type Breakdown | ||
| Government | 2.99% | |
| Corporate | 96.34% | |
| Other | 0.69% |
| NAV | $24.71 | Daily Change | -$0.17 | -0.68% |
| Market Price | $24.73 | Daily Change | -$0.18 | -0.72% |
| Fund NAV | Market Price | |
|---|---|---|
| Year-to-Date | -0.41% | -0.37% |
| 1 Month | -2.00% | -1.81% |
| 3 Months | -0.41% | -0.37% |
| Since Inception | 4.50% | 4.62% |
| Net Assets (%) | Security Type | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 2.51 | Bond - Corporate | GS 2.65 10/21/32 | BMDWFT0 | 0.89 | 4,900,000 | 4,343,271.52 |
| 2.28 | Mutual Fund | VANGUARD S/T CORP BOND ETF | B4N0G06 | 78.79 | 50,000 | 3,939,500.00 |
| 2.25 | Mutual Fund | STATE STREET SPDR PORT SHRT TRM CORP BOND | B578KN4 | 29.95 | 130,000 | 3,893,500.00 |
| 1.99 | Treasury Note | T 4 1/8 04/30/33 | BTWP748 | 0.98 | 3,500,000 | 3,444,563.52 |
| 1.90 | Bond - Corporate | MS 6.342 10/18/33 | BPK5WF8 | 1.07 | 3,080,000 | 3,287,562.13 |
| 1.88 | Bond - Corporate | GPN 5.2 11/15/32 | BTWX065 | 0.97 | 3,360,000 | 3,258,539.38 |
| 1.83 | Bond - Corporate | RRX 6.05 04/15/28 | BNZHRY9 | 1.03 | 3,080,000 | 3,162,633.27 |
| 1.78 | Bond - Corporate | CRM 4.9 09/15/31 | BTMSZB0 | 1.00 | 3,080,000 | 3,078,106.51 |
| 1.74 | Bond - Corporate | MCO 4 1/4 08/08/32 | BPTKFM2 | 0.98 | 3,080,000 | 3,013,777.48 |
| 1.69 | Bond - Corporate | MS 6.407 11/01/29 | BQ6C2Z0 | 1.04 | 2,800,000 | 2,915,545.18 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
1The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV. The distribution is estimated to include a return of capital. For information on the breakdown of the distributions, please see the "19a Notice" here. These do not imply rates for any future distributions.