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Global X MSCI Nigeria ETF (NGE)

NYSEARCA: NGE · IEX Real-Time Price · USD
11.23 0.13 (1.17%)
Oct 22, 2021 4:00 PM EDT - Market closed
Assets$46.21M
NAV$15.60
Expense Ratio0.89%
PE Ratio4.49
Shares Out2.96M
Dividend (ttm)$0.77
Dividend Yield4.92%
Ex-Dividend DateDec 30, 2020
1-Year Return
-
Volume10,717
Open11.15
Previous Close11.10
Day's Range11.10 - 11.25
52-Week Low9.62
52-Week High13.71
Beta0.55
Holdings21
Inception DateApr 3, 2013

About NGE

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Nigeria Select 25/50 Index. The fund will invest at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Nigeria equity universe, while including a minimum number of constituents. The fund is non-diversified.

Asset ClassEquity
SectorInternational
RegionAfrica
IssuerGlobal X Mgt
Stock ExchangeNYSEARCA
Ticker SymbolNGE
Index TrackedMSCI All Nigeria Select 25/50 Index

Top 10 Holdings

71.58% of assets
NameSymbolWeight
DANGOTE CEMENT PLCDANGCEM.NL15.99%
GUARANTY TRUST HGTCO.NL9.51%
NESTLE NIGERIA PLCNESTLE.NL8.45%
ZENITH BANK PLCZENITHBANK.NL7.71%
CASHN/A7.05%
FBN HOLDINGS PLCFBNH.NL6.81%
MTN NIGERIA COMMMTNN.NL4.76%
STANBIC IBTC HOLDINGS PLCSTANBIC.NL3.90%
LAFARGE AFRICA PLCWAPCO.NL3.79%
UNITED BANK AFRUBA.NL3.61%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 30, 2020$0.76757Jan 8, 2021
Dec 30, 2019$0.08358Jan 8, 2020
Jun 27, 2019$0.76009Jul 8, 2019
Dec 28, 2018$0.89827Jan 8, 2019
Dec 28, 2017$0.41696Jan 9, 2018
Dec 28, 2016$0.41859Jan 6, 2017
Full Dividend History

News

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For those not keeping track, Nigerian stocks are getting punished this year. The Global X MSCI Nigeria ETF (NYSE: NGE), the lone exchange traded fund dedicated to stocks in Africa's second-largest econo...

2 years ago - Benzinga