LLDR

Long-Term Treasury Ladder ETF

Reasons to Consider LLDR

Treasuries Exposure

By investing in U.S. Treasuries, LLDR may potentially possess lower credit risk relative to other fixed income options.

Long-Term Exposure

LLDR tracks the performance of an index of U.S. Treasury securities with remaining maturities of between 10-30 years.

Laddering Technique

LLDR’s laddering strategy holds a portfolio of staggered Treasury maturities across a series of equal-weighted rungs, seeking to mitigate the effect of interest rate volatility.

Key Information As of 01/14/25

Inception Date	09/09/24
Total Expense Ratio	0.12%
Net Assets	$19.74 million
NAV	$43.88
Fact Sheet	View the document

ETF Summary

The Global X Long-Term Treasury Ladder ETF (LLDR) invests in a basket of Treasury bonds issued by the U.S. government that have a remaining maturity of at least 10 years but less than 30 years. LLDR will primarily invest in Treasury bonds, making it an attractive option for investors seeking to potentially minimize credit risk but target greater duration exposure.

ETF Objective

The Global X Long-Term Treasury Ladder ETF (LLDR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE US Treasury 10-30 Years Laddered Bond Index.

Trading Details As of 01/13/25

Ticker	LLDR
Bloomberg Index Ticker	CFIIULDL
CUSIP	37960A388
ISIN	US37960A3885
Primary Exchange	NYSE Arca
Shares Outstanding	450,000
Number of Holdings	84
30-Day Median Bid-Ask Spread	0.11%

Distributions As of 01/14/25

30-Day SEC Yield	4.66%
Distribution Frequency	Monthly

ETF Prices As of 01/14/25

NAV	$43.88	Daily Change	$0.03	0.07%
Market Price	$43.97	Daily Change	-$0.04	-0.09%

As of recent month & quarter-end (12/31/24)	Fund NAV	Market Price	Index
Year-to-Date	--	--	--
1 Month	-4.85%	-4.81%	-4.86%
3 Months	-7.93%	-8.05%	-8.11%
Since Inception	-9.29%	-9.21%	-9.31%
Year-to-Date	--	--	--
1 Month	-4.85%	-4.81%	-4.86%
3 Months	-7.93%	-8.05%	-8.11%
Since Inception	-9.29%	-9.21%	-9.31%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Net Assets (%)	Security Type	Name	SEDOL	Market Value ($)	Par Value ($)
4.56	Treasury Bond	T 4 1/2 02/15/36	B0YBFV4	900,249.15	900,000.00
3.27	Treasury Note	T 4 3/8 05/15/34	BQSB5K1	644,629.82	660,000.00
3.09	Treasury Bond	T 4 1/2 05/15/38	B3CJB24	609,128.14	627,000.00
2.71	Treasury Bond	T 4 3/8 02/15/38	B2PKS37	535,627.50	552,000.00
2.63	Treasury Bond	T 5 05/15/37	B23Y8Q4	518,437.05	506,000.00
2.30	Treasury Note	T 3 7/8 08/15/34	BR2NN62	454,333.70	480,000.00
2.30	Treasury Bond	T 3 1/2 02/15/39	B527Q49	453,110.05	520,000.00
2.12	Treasury Bond	T 2 1/2 02/15/46	BD2C0D7	417,556.19	618,000.00
1.90	Treasury Bond	T 2 7/8 05/15/49	BK1WFY3	375,301.16	540,000.00
1.79	Treasury Bond	T 4 1/2 08/15/39	B43HGR4	354,179.57	365,000.00
1.66	Treasury Bond	T 1 7/8 02/15/51	BM9WFN8	328,520.38	600,000.00
1.60	Treasury Bond	T 3 02/15/47	BDRJ2Q0	315,720.64	430,000.00
1.55	Treasury Bond	T 3 3/8 11/15/48	BGRW851	306,874.65	400,000.00
1.54	Treasury Bond	T 2 7/8 05/15/52	BPSLLZ1	304,321.85	445,000.00
1.53	Treasury Bond	T 2 1/2 05/15/46	BYZ2TS9	302,105.23	453,000.00
1.49	Treasury Bond	T 2 3/8 05/15/51	BMHV4V8	294,362.95	479,000.00
1.49	Treasury Bond	T 1 3/4 08/15/41	BLDBLR0	293,312.50	460,000.00
1.45	Treasury Bond	T 3 02/15/48	BG0D0F5	286,502.51	394,000.00
1.44	Treasury Bond	T 4 1/4 02/15/54	BS2G1C0	284,377.38	315,000.00
1.44	Treasury Bond	T 1 5/8 11/15/50	BN7JWV5	284,112.81	559,000.00
1.43	Treasury Bond	T 2 11/15/41	BPBMDF5	282,652.62	430,000.00
1.43	Treasury Bond	T 4 5/8 02/15/40	B3M3870	281,366.26	287,000.00
1.38	Treasury Bond	T 3 1/8 08/15/44	BPYD753	273,152.84	355,000.00
1.38	Treasury Bond	T 2 7/8 08/15/45	BYSJ1Z8	272,961.57	374,000.00
1.38	Treasury Bond	T 2 08/15/51	BMWVP21	272,931.12	485,000.00
1.38	Treasury Bond	T 1 7/8 02/15/41	BMT9GQ9	271,901.80	412,000.00
1.38	Treasury Bond	T 2 1/4 08/15/46	BD1FML9	271,509.16	426,000.00
1.32	Treasury Bond	T 2 3/4 11/15/47	BF92XY6	259,942.55	378,000.00
1.31	Treasury Bond	T 1 3/8 08/15/50	BMDNWD6	259,522.27	543,000.00
1.31	Treasury Bond	T 4 1/8 08/15/53	BRT3QH7	257,791.66	292,000.00
1.29	Treasury Bond	T 3 08/15/52	BQHM4F3	255,352.38	360,000.00
1.29	Treasury Bond	T 2 3/4 08/15/47	BF53YK6	254,736.12	366,000.00
1.28	Treasury Bond	T 3 5/8 02/15/53	BQXLPR3	253,566.98	315,000.00
1.26	Treasury Bond	T 2 3/8 11/15/49	BKVKB94	248,689.57	400,000.00
1.25	Treasury Bond	T 3 02/15/49	BJ7G9G2	245,884.86	341,000.00
1.24	Treasury Bond	T 2 3/4 08/15/42	B75JF50	245,007.07	330,000.00
1.23	Treasury Bond	T 2 1/4 02/15/52	BM96PW9	242,067.29	405,000.00
1.22	Treasury Bond	T 1 3/8 11/15/40	BNG0BM3	241,613.87	400,000.00
1.21	Treasury Bond	T 3 08/15/48	BFZLQN7	238,919.88	330,000.00
1.21	Treasury Bond	T 3 3/8 05/15/44	BM7S970	238,546.62	300,000.00
1.19	Treasury Bond	T 3 1/8 05/15/48	BG5NQ30	235,287.71	320,000.00
1.19	Treasury Bond	T 3 5/8 05/15/53	BQYLTM5	234,800.87	295,000.00
1.18	Treasury Bond	T 4 1/4 05/15/39	B41K8R9	233,841.24	250,000.00
1.18	Treasury Bond	T 4 3/4 11/15/53	BRBS4M1	232,596.24	240,000.00
1.18	Treasury Bond	T 3 05/15/47	BF0T9Z9	231,994.20	320,000.00
1.14	Treasury Bond	T 3 05/15/45	BXC4FZ0	225,251.36	304,000.00
1.11	Treasury Bond	T 2 3/4 11/15/42	B8JB195	219,721.57	300,000.00
1.07	Treasury Bond	T 2 1/4 08/15/49	BK9DLC8	210,881.84	345,000.00
1.05	Treasury Bond	T 2 7/8 05/15/43	B8W8CX4	207,802.17	280,000.00
1.03	Treasury Bond	T 4 1/2 02/15/44	BPG5RX5	203,083.39	214,000.00
1.02	Treasury Bond	T 1 7/8 11/15/51	BMCNFZ0	201,785.30	375,000.00
1.01	Treasury Bond	T 2 02/15/50	BK8ZZ34	200,159.82	350,000.00
1.01	Treasury Bond	T 1 1/8 08/15/40	BKVKF47	199,238.87	341,000.00
0.98	Treasury Bond	T 1 1/8 05/15/40	BMFKWB3	193,672.95	330,000.00
0.97	Treasury Bond	T 3 05/15/42	BYQLTY1	192,007.19	250,000.00
0.92	Treasury Bond	T 4 3/8 11/15/39	B59RHH2	182,195.19	193,000.00
0.91	Treasury Bond	T 4 11/15/52	BQXS7C3	179,142.97	210,000.00
0.89	Treasury Bond	T 3 7/8 02/15/43	BMXHQM5	175,251.02	200,000.00
0.83	Treasury Bond	T 2 1/2 02/15/45	BVVT273	164,492.12	240,000.00
0.83	Treasury Bond	T 3 11/15/44	BSJWZQ3	163,724.14	220,000.00
0.79	Treasury Bond	T 2 1/4 05/15/41	BMCXZ94	156,319.21	225,000.00
0.74	Treasury Bond	T 2 7/8 11/15/46	BZ1BP67	146,022.91	205,000.00
0.73	Treasury Bond	T 3 1/8 02/15/42	B7FRYY6	143,624.79	181,000.00
0.70	Treasury Bond	T 1 1/4 05/15/50	BMHCRG7	138,185.24	300,000.00
0.68	Treasury Bond	T 2 3/8 02/15/42	BNYF3R9	133,619.24	190,000.00
0.67	Treasury Bond	T 3 7/8 05/15/43	BLB3TM9	133,137.22	154,000.00
0.67	Treasury Bond	T 4 3/4 02/15/37	B1RDG66	132,005.19	130,000.00
0.66	Treasury Bond	T 3 3/4 11/15/43	BGK9QZ5	130,198.70	154,000.00
0.64	Treasury Bond	T 3 11/15/45	BYQP1M5	125,298.87	170,000.00
0.63	Treasury Bond	T 4 5/8 05/15/44	BPZRNR8	123,859.46	130,000.00
0.61	Treasury Bond	T 3 1/4 05/15/42	BMDPZG6	119,674.78	150,000.00
0.60	Treasury Bond	T 3 5/8 08/15/43	BCZQWC2	117,711.28	140,000.00
0.56	Treasury Bond	T 3 5/8 02/15/44	BJT0ZC0	110,453.83	132,000.00
0.47	Treasury Bond	T 4 3/8 08/15/43	BQC4SL8	93,573.03	100,000.00
0.45	Treasury Bond	T 3 7/8 08/15/40	B50PG34	89,352.07	100,000.00
0.28	Treasury Bond	T 3 3/8 08/15/42	BJLVKG0	54,826.32	67,000.00
0.25	Treasury Bill	B 01/30/25	BS4B9W9	49,912.02	50,000.00
0.23	Treasury Bond	T 4 1/8 08/15/44	BSLSLK5	44,972.49	50,000.00
0.21	Cash	CASH		42,328.13	42,328.13
0.19	Treasury Bond	T 4 3/8 05/15/40	B3TCBS2	37,615.34	40,000.00
0.13	Treasury Bond	T 3 3/4 08/15/41	B459474	26,159.46	30,000.00
0.12	Treasury Bond	T 3 1/8 11/15/41	B6ZKRY9	23,656.66	30,000.00
0.12	Treasury Bond	T 3 1/8 02/15/43	B89T3Q0	23,470.05	30,000.00
0.10	Treasury Bond	T 4 3/4 11/15/43	BP0VPN5	19,411.93	20,000.00
0.07	Treasury Note	T 4 1/4 11/15/34	BRK14Z4	14,481.07	15,000.00
-0.02	Cash	OTHER PAYABLE & RECEIVABLES		-3,090.32	-3,090.32

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 01/13/25

Macaulay Duration	13.6 Years
Modified Duration	13.27%
Yield to Maturity	4.92%
Issuer Type Breakdown
Government	100.00%
Corporate	0.00%
Other	0.00%

Source: new windowAltaVista Research, LLC

ETF Research

Introducing the Global X Treasury Ladder ETFs (SLDR, MLDR, and LLDR)

Read the Full ArticleRead More

ETF Documents

Latest Premium / Discount As of 01/14/25

NAV	$43.88
Market Price	$43.97
Premium / (Discount)	$0.09

Current View 2025 Q1 As of 01/14/25

Days at Premium	8
Days at NAV	0
Days at Discount	0
Greatest Premium	0.53%
Greatest Discount	0.00%

Daily Premium / Discount History As of 01/14/25

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including possible loss of principal. Fixed income securities are subject to loss of principal during periods of rising interest rates. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

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. The 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, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

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 FTSE Russell, nor does FTSE Russell 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 FTSE Russell.