SPFF


SuperIncome Preferred ETF

Fund Summary

The Global X SuperIncome Preferred ETF (SPFF) invests in 50 of the highest yielding preferred stocks in North America.

Fund Objective

The Global X SuperIncome Preferred ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Enhanced Yield North American Preferred Stock Index.

Why SPFF?

High Income Potential

SPFF invests in 50 of the highest yielding preferreds in the US and Canada, potentially increasing a portfolio's yield.

Monthly Distributions

SPFF makes distributions on a monthly basis and has made distributions each month for over three years.

Preferential Tax Treatment

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.

Fund Details As of 12/7/16

Ticker SPFF
Primary Exchange NYSE Arca
CUSIP 37950E333
ISIN US37950E3339
Net Assets $224,717,923.81
Management Fee 0.58%
Annual Fund Operating Expense 0.58%
Inception Date 7/16/12
Shares Outstanding 17,500,000
30-Day SEC Yield 6.84%
12-month Dividend Yield 7.14%
Distribution Yield 6.87%
Distribution Frequency Monthly
Distribution Calendar

Fund Prices

As of 12/7/16
NAV Price
Net Asset Value $12.84 Closing Price $12.81
Daily Change $0.03 0.20% Daily Change $0.02 0.16%

Performance History

Cumulative %

Data as of month end (11/30/16)

Fund NAV Closing Price Index
1 Month -1.66% -1.81% -1.63%
3 Months -4.24% -4.58% -4.15%
6 Months -1.83% -1.76% -1.67%
Since Inception 16.25% 18.16% 19.71%

Avg Annualized %

Data as of month end (11/30/16)

Fund NAV Closing Price Index
1 Year 2.46% 2.69% 2.89%
3 Years 2.29% 2.09% 3.03%
5 Years -- -- --
Since Inception 3.50% 3.89% 4.19%

Avg Annualized %

Data as of quarter end (9/30/16)

Fund NAV Closing Price Index
1 Year 6.98% 6.97% 7.46%
3 Years 4.12% 3.97% 4.89%
5 Years -- -- --
Since Inception 4.43% 4.85% 5.13%

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.

Top 10 Holdings

As of 12/7/16
Net Assets % Name Market Price ($) Shares Held Market Value ($)
5.20 GMAC CAP(ALLY) PFD 8.125% 25.20 463,214 11,672,992.80
5.12 WELLS FARGO CO 8.00% SER 26.33 436,913 11,503,919.29
4.35 AGN 5.5% 03/01/18 PFD 703.35 13,896 9,773,751.60
4.27 KINDER MORGAN INC/DELAWA 47.95 200,302 9,604,480.90
4.16 COUNTRYWIDE CAP V GTD 7% 25.43 367,278 9,339,879.54
3.95 FRONTIER COMMUNICATIONS 77.08 115,218 8,881,003.44
3.41 BARCLAYS BANK PFD 8.125% 25.60 299,676 7,671,705.60
3.23 HSBC HLDGS PLC PFD 8% 25.63 283,523 7,266,694.49
3.06 CITIGROUP XIII PFD 7.875% 25.92 265,052 6,870,147.84
2.97 VEREIT PFD 25.19 264,490 6,662,503.10
Holdings are subject to change.

Global X NAVs are calculated using prices as of 4:00 PM Eastern Time.

The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.

Since the Fund’s Shares typically do not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Carefully consider the fund’s investment objectives, risks, and charges and expenses. This and other information can be found in the fund’s prospectus. 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. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI nor do these companies make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO nor Global X is affiliated with Solactive AG, FTSE, Standard & Poors, NASDAQ, S-Network, Indxx, or MSCI.

Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, 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.

High short-term performance of the fund is unusual and investors should not expect such performance to be repeated.