PFFV Global X Variable Rate Preferred ETF

Seeks to track, before fees and expenses, the ICE U.S. Variable Rate Preferred Securities Index.The Index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. Qualifying preferred securities must be listed on a U.S. exchange, denominated in U.S. dollars, have floating or variable dividends or coupons, and have a minimum amount outstanding of $50 million. Qualifying preferred securities may, however, be issued by non-U.S. companies. Qualifying securities must be issued in $25, $50, $100, or $1000 par/liquidation preference increments, must have a traded market value of greater than $6 million in each of the previous three calendar months, and must have at least one year remaining to maturity. Constituents in the Underlying Index are capitalization-weighted based on their current amount outstanding times the market price plus accrued interest.

$27.96  -0.06 (-0.21%)
As of 10/22/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Global X Funds
Category1:  Special Security Types
Category2:  Preferred stock
Category3:  U.S.
Morningstar category:  
Leverage factor:  1.00
Inception date:  06/24/2020
Index tracking method: Passive replication
Current yield:  4.83%
Historical average yield:  4.74%
Market cap:  $80,697,600
Average volume:  46,371
Fees:     0.2500%

Index Information
ICE U.S. Variable Rate Preferred Securities Index
Index symbol:  PFTF
Provider:   ICE (NYSE)
Index weighting:   Market capitalization
Index inception date:  01/01/1900
Backtesting data exists:  

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