Global X Variable Rate Preferred ETF (PFFV)
| Assets | $147.36M |
| NAV | $25.19 |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Shares Out | 5.85M |
| Dividend (ttm) | $1.36 |
| Dividend Yield | 5.46% |
| Ex-Dividend Date | May 4, 2022 |
| 1-Year Return | -10.89% |
| Volume | 48,491 |
| Open | 24.85 |
| Previous Close | 24.67 |
| Day's Range | 24.82 - 24.90 |
| 52-Week Low | 23.85 |
| 52-Week High | 28.52 |
| Beta | 0.39 |
| Holdings | 75 |
| Inception Date | Jun 22, 2020 |
About PFFV
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), 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 track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified.
Top 10 Holdings
30.43% of assets| Name | Symbol | Weight |
|---|---|---|
| WFC 5.85 PERP | N/A | 4.74% |
| C 6 7/8 PERP | N/A | 4.46% |
| BAC 6.45 12/15/66 | N/A | 3.01% |
| GS 4 PERP | N/A | 2.90% |
| C 7 1/8 PERP | N/A | 2.87% |
| GS 5 1/2 PERP | N/A | 2.80% |
| ATH 6.35 PERP | N/A | 2.57% |
| WFC 6 5/8 PERP | N/A | 2.49% |
| USB 3 1/2 PERP | N/A | 2.32% |
| MS 6 3/8 PERP | N/A | 2.27% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 4, 2022 | $0.125 | May 12, 2022 |
| Apr 5, 2022 | $0.125 | Apr 13, 2022 |
| Mar 3, 2022 | $0.125 | Mar 11, 2022 |
| Feb 3, 2022 | $0.125 | Feb 11, 2022 |
| Dec 30, 2021 | $0.01616 | Jan 7, 2022 |
| Dec 3, 2021 | $0.1205 | Dec 13, 2021 |
News
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The relative strength index (RSI) metric can help investors quantify how strong momentum is for an exchange traded fund (ETF). When looking at Global X's suite of ETFs, three funds are seeing strong RSI...
Why Investors Are Moving Toward Preferred Stock ETFs
Preferred stocks and related exchange traded funds are, well, preferred destinations for income seekers in today's low yield climate. The Global X Variable Rate Preferred ETF (PFFV), which tracks the IC...
Plenty of Income in This New Preferred ETF
With Treasury yields low and the S&P 500 home to an array of negative dividend action, the Global X Variable Rate Preferred ETF (PFFV) could prove to be one of this year’s best-timed new ETFs.