SPFF

Global X SuperIncome Preferred ETF

$9.15
+0.00%
Market closed. Last update: 4:19 AM ET

📎 Investment Objective

The Global X SuperIncome Preferred ETF (SPFF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperIncome Preferred Index.

Overview

ETF tracking Global X SuperIncome Preferred ETF

Issuer Other
Inception Date 2012-07-17
Market Cap $132.9M
Average Volume N/A
Dividend Yield 5.16%
52-Week Range $8.34 - $9.82
VWAP $9.16

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Global X SuperIncome Preferred ETF (SPFF) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global SuperIncome Preferred Index.

🎯 Investment Strategy

The ETF invests in a portfolio of preferred stocks and other preferred securities from issuers around the world, including both developed and emerging markets. The fund seeks to track the performance of the underlying index, which is designed to provide exposure to high-yielding preferred securities globally.

✨ Key Features

  • Provides exposure to a diversified portfolio of preferred securities from global issuers
  • Focuses on high-yielding preferred stocks to generate income
  • Tracks the Solactive Global SuperIncome Preferred Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Preferred securities risk: Preferred stocks are subordinate to bonds and subject to greater credit risk
  • International investment risk: Exposure to foreign markets and currencies introduces additional volatility
  • Interest rate risk: Preferred stocks are sensitive to changes in interest rates
  • Liquidity risk: Preferred securities may have lower trading volumes and be less liquid

👤 Best For

This ETF may be suitable for investors seeking a high level of current income from a diversified portfolio of global preferred securities. It may be appropriate as a component of a balanced portfolio, but investors should be aware of the risks associated with preferred stocks and international investments.