| NAV | $9.79 | Daily Change | -$0.03 | -0.31% |
| Market Price | $9.78 | Daily Change | -$0.04 | -0.41% |
SPFF invests in 50 of the highest yielding preferreds in the United States, potentially increasing a portfolio's yield.
SPFF has made monthly distributions 12 years running.
Preferred securities may also provide an income advantage. Income from preferred stocks may be treated as qualified dividends (QDI), rather than as regular interest income.
| Inception Date | 07/16/12 |
| Total Expense Ratio | 0.48% |
| Net Assets | $152.55 million |
| NAV | $9.79 |
| Fact Sheet | View the document |
The Global X SuperIncomeSM Preferred ETF (SPFF) invests in 50 of the highest yielding preferred stocks in the United States.
The Global X SuperIncomeSM Preferred ETF (SPFF) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. High Yield Preferred Index.
| Ticker | SPFF |
| Bloomberg Index Ticker | SOLSPFF |
| CUSIP | 37950E333 |
| ISIN | US37950E3339 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 15,580,000 |
| Number of Holdings | 50 |
| 30-Day Median Bid-Ask Spread | 0.10% |
| 30-Day SEC Yield | 5.99% |
| Trailing 12-Month Distribution (%) | 5.89% |
| Distribution Rate | 5.53% |
| Distribution Frequency | Monthly |
| NAV | $9.79 | Daily Change | -$0.03 | -0.31% |
| Market Price | $9.78 | Daily Change | -$0.04 | -0.41% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 18.18% | 18.15% | 18.60% |
| 3 Years | -0.52% | -0.48% | -0.16% |
| 5 Years | 2.45% | 2.47% | 2.93% |
| 10 Years | 2.33% | 2.31% | 2.90% |
| Since Inception | 3.10% | 3.25% | 3.68% |
| 1 Year | 16.95% | 16.95% | 17.46% |
| 3 Years | 0.77% | 0.71% | 1.21% |
| 5 Years | 2.82% | 2.81% | 3.32% |
| 10 Years | 2.44% | 2.40% | 3.03% |
| Since Inception | 3.22% | 3.34% | 3.79% |
| Year-to-Date | 11.24% | 11.72% | 11.65% |
| 1 Month | 3.46% | 3.68% | 3.46% |
| 3 Months | 7.35% | 7.45% | 7.45% |
| Since Inception | 45.27% | 47.72% | 55.47% |
| Year-to-Date | 13.34% | 13.59% | 13.88% |
| 1 Month | 2.88% | 2.99% | 3.00% |
| 3 Months | 5.41% | 5.41% | 5.53% |
| Since Inception | 48.00% | 50.19% | 58.58% |
The Fund’s investment objective and investment strategies changed effective April 3, 2023. Hybrid index performance (noted as "Index" above in the chart) reflects the performance of the S&P Enhanced Yield North American Preferred Stock Index through March 31, 2023 and the Global X U.S. High Yield Preferred Index thereafter.
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 (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 7.11 | APO | APO 6 3/4 07/31/26 | BQVW6Z3 | 90.81 | 119,439 | 10,846,255.59 |
| 6.25 | ALB | ALB 7 1/4 03/01/27 | BPCTR42 | 49.86 | 191,113 | 9,528,894.18 |
| 5.00 | WFC | WFC 7 1/2 PERP | B3KRSW9 | 1,222.24 | 6,242 | 7,629,222.08 |
| 3.73 | BAC | BAC 7 1/4 PERP | B2PB3Z7 | 1,250.69 | 4,547 | 5,686,887.43 |
| 3.26 | JPM | JPM 4 5/8 PERP | BND7XB0 | 21.32 | 233,038 | 4,968,370.16 |
| 3.20 | JPM | JPM 4.2 PERP | BN75VC7 | 19.37 | 251,933 | 4,879,942.21 |
| 2.83 | MS | MS 6 1/2 PERP | BQH5ZL5 | 26.09 | 165,379 | 4,314,738.11 |
| 2.82 | MTB | MTB 7 1/2 PERP | BS55Z77 | 27.00 | 159,232 | 4,299,264.00 |
| 2.71 | MS | MS 5.85 PERP | BYYYY81 | 25.01 | 165,348 | 4,135,353.48 |
| 2.69 | MS | MS 4 1/4 PERP | BMF4W82 | 19.08 | 215,009 | 4,102,371.72 |
| 2.56 | JPM | JPM 4.55 PERP | BM8TGF9 | 20.67 | 188,798 | 3,902,454.66 |
| 2.26 | ALL | ALL 7 3/8 PERP | BNBXR41 | 27.11 | 127,165 | 3,447,443.15 |
| 2.16 | ATH | ATH 6.35 PERP | BPSKDY1 | 25.36 | 130,049 | 3,298,042.64 |
| 2.07 | F | F 6 1/2 08/15/62 | BPJK038 | 24.85 | 127,121 | 3,158,956.85 |
| 2.05 | SO | SO 4.2 10/15/60 | BMGS0L2 | 19.68 | 159,076 | 3,130,615.68 |
| 1.92 | USB | USB 4 PERP | BMFDGD2 | 18.43 | 158,990 | 2,930,185.70 |
| 1.81 | JXN | JXN 8 PERP | BMW6VL7 | 27.30 | 101,172 | 2,761,995.60 |
| 1.81 | KEY | KEY 6.2 PERP | BPLPQT9 | 24.97 | 110,375 | 2,756,063.75 |
| 1.78 | EIX | EIX 7 1/2 PERP | BLFB156 | 26.84 | 101,165 | 2,715,268.60 |
| 1.76 | APO | APO 7 5/8 09/15/53 | BQC5ZW1 | 27.11 | 98,943 | 2,682,344.73 |
| 1.74 | GTLS | GTLS 6 3/4 12/15/25 | BNTBQN9 | 71.82 | 36,991 | 2,656,693.62 |
| 1.69 | LNC | LNC 9 PERP | BP398R1 | 28.07 | 91,948 | 2,580,980.36 |
| 1.58 | TDS | TDS 6 PERP | BNSNM38 | 19.04 | 126,912 | 2,416,404.48 |
| 1.57 | SYF | SYF 8 1/4 PERP | BSNWT01 | 26.10 | 91,909 | 2,398,824.90 |
| 1.57 | QRTEV | QRTEA 8 03/15/31 | BMH2T16 | 40.60 | 58,958 | 2,393,694.80 |
| 1.56 | RF | RF 6.95 PERP | BNM9HL5 | 25.97 | 91,896 | 2,386,539.12 |
| 1.53 | BANC | BANC 7 3/4 PERP | BMWDYS6 | 24.80 | 94,322 | 2,339,185.60 |
| 1.52 | COF | COF 4 3/8 PERP | BMX47S9 | 18.66 | 124,142 | 2,316,489.72 |
| 1.52 | SCHW | SCHW 4.45 PERP | BMW32F9 | 20.96 | 110,269 | 2,311,238.24 |
| 1.50 | RF | RF 5.7 PERP | BJMXZX7 | 24.96 | 91,871 | 2,293,100.16 |
| 1.50 | KEY | KEY 6 1/8 PERP | BYQR0N5 | 24.89 | 91,878 | 2,286,843.42 |
| 1.48 | STT | STT 5.35 PERP | BYPK477 | 24.63 | 91,872 | 2,262,807.36 |
| 1.40 | FLG | FLG 6 3/8 PERP | BYVLYP2 | 22.32 | 95,508 | 2,131,738.56 |
| 1.39 | AMG | AMG 6 3/4 03/30/64 | BSLL7L7 | 25.42 | 83,444 | 2,121,146.48 |
| 1.38 | USM | USM 5 1/2 06/01/70 | BNMBT60 | 22.75 | 92,736 | 2,109,744.00 |
| 1.38 | USM | USM 5 1/2 03/01/70 | BN7J7C1 | 22.65 | 92,735 | 2,100,447.75 |
| 1.36 | BHF | BHF 5 3/8 PERP | BN0TD19 | 19.52 | 106,634 | 2,081,495.68 |
| 1.36 | RITM | RITM 7 PERP | BMHVDC2 | 23.98 | 86,239 | 2,068,011.22 |
| 1.33 | ATH | ATH 7 3/4 PERP | BPLKV33 | 27.17 | 74,637 | 2,027,887.29 |
| 1.32 | CFG | CFG 7 3/8 PERP | BQGD2H5 | 27.20 | 74,180 | 2,017,696.00 |
| 1.26 | TPG | TPG 6.95 03/15/64 | BRC7MJ0 | 25.80 | 74,180 | 1,913,844.00 |
| 1.15 | FG | FG 7.95 12/15/53 | BNKG9F6 | 27.30 | 63,991 | 1,746,954.30 |
| 1.14 | SNV | SNV 8.397 PERP | BKFHSG7 | 26.71 | 64,910 | 1,733,746.10 |
| 1.12 | EIX | EIX 6.95 PERP | BSQL9V6 | 26.33 | 64,909 | 1,709,053.97 |
| 0.99 | ESGR | ESGR 7 PERP | BFXXB52 | 20.34 | 74,206 | 1,508,979.01 |
| 0.96 | WFC | WFC 4.7 PERP | BMYVT83 | 20.12 | 72,768 | 1,464,405.06 |
| 0.93 | BAC | BAC 4 1/4 PERP | BMH4QB1 | 18.67 | 75,683 | 1,413,001.61 |
| 0.83 | WFC | WFC 4 3/8 PERP | BL5C513 | 19.03 | 66,140 | 1,258,644.20 |
| 0.80 | BAC | BAC 4 3/8 PERP | BMVXBP3 | 19.39 | 62,585 | 1,213,523.15 |
| 0.57 | BAC | BAC 4 3/4 PERP | BN7SQB0 | 21.29 | 40,666 | 865,779.14 |
| 0.43 | CASH | 1.00 | 661,270 | 661,270.21 | ||
| 0.39 | OTHER PAYABLE & RECEIVABLES | 1.00 | 587,080 | 587,080.17 |
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stock may not pay a dividend, an issuer may suspend payment of dividends on preferred stock at any time, and in certain situations, an issuer may call or redeem its preferred stock or convert it to common stock. High yielding stocks are often speculative, high-risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund’s performance.
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. Beginning July 14, 2020, 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. Prior to July 14, 2020, market price returns were based on the midpoint between the Bid and Ask price. Market price returns. NAVs are calculated using prices as of (4:00 PM Eastern Time). The returns shown do not represent the returns you would receive if you traded shares at other times. 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 Global X U.S. High Yield Preferred Index is owned and was developed by Global X Management Company LLC for use by 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.