PFFV - Global X Variable Rate Preferred ETF
Assets | $16.06M |
NAV | $27.69 |
Expense Ratio | 0.25% |
PE Ratio | n/a |
Beta (5Y) | -0.60 |
Dividend (ttm) | $0.88 |
Dividend Yield | 3.16% |
Ex-Dividend Date | Apr 5, 2021 |
1-Year Return | - |
Trading Day | April 20 |
Last Price | $27.69 |
Previous Close | $27.79 |
Change ($) | -0.10 |
Change (%) | -0.36% |
Day's Open | 27.97 |
Day's Range | 27.69 - 27.78 |
Day's Volume | 17,742 |
52-Week Range | 23.53 - 27.89 |
Fund Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index. 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.
Asset Class Alternative | Inception Date Jun 22, 2020 |
Exchange NYSEARCA | Ticker Symbol PFFV |
Index Tracked ICE U.S. Variable Rate Preferred Securities Index |
Top 10 Holdings
26.83% of assetsName | Symbol | Weight |
---|---|---|
WFC 5.85 PERP | WFC | 3.91% |
C 6 7/8 PERP | C | 3.57% |
PNC Financial Services | PNC | 3.34% |
GS 4 PERP | GS | 2.81% |
BAC 6.45 12/15/66 | BAC | 2.39% |
GS 5 1/2 PERP | GS | 2.32% |
C 7 1/8 PERP | C | 2.24% |
MS 5.85 PERP | MS | 2.11% |
MS 6 3/8 PERP | MS | 2.07% |
ATH 6.35 PERP | ATH | 2.07% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Apr 5, 2021 | $0.12 | Apr 13, 2021 |
Mar 3, 2021 | $0.123 | Mar 11, 2021 |
Feb 3, 2021 | $0.123 | Feb 11, 2021 |
Dec 30, 2020 | $0.017 | Jan 8, 2021 |
Nov 4, 2020 | $0.123 | Nov 12, 2020 |
Sep 3, 2020 | $0.123 | Sep 14, 2020 |
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...
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...
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.