SPFF Global X SuperIncome Preferred ETF

Seeks to track, before fees and expenses, the S&P Enhanced Yield North American Preferred Stock Index. The Index is designed to track 50 of the highest yielding preferred securities from the U.S. and Canada, the two largest preferred stock markets (S&P, 2012). The underlying universe for the index is all preferred securities in the S&P/TSX Preferred Share Index and the S&P U.S. Preferred Stock Index, with a total market capitalization of more than $250 million. Preferred stocks must have a three-month average daily value traded (ADVT) of $1 million. The maximum number of lines per issuer is set to three (3) and a maximum index weight of 5% is set per issuer. In such a case, all three eligible issuer lines are included in the index and capped on a pro-rata basis to a maximum of 5% for the issuer as a whole.

$11.98  -0.02 (-0.17%)
As of 07/27/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     Global X Funds
Category1:  Special Security Types
Category2:  Preferred stock
Category3:  North America
Morningstar category:  Preferred Stock
Leverage factor:  1.00
Inception date:  07/16/2012
Index tracking method: Passive replication
Current yield:  5.65%
Historical average yield:  6.79%
Market cap:  $222,740,000
Average volume:  82,686
Fees:     0.5800%

Index Information
S&P Enhanced Yield North American Preferred Stock Index
Index symbol:  SPPEYP
Provider:   S&P Dow Jones
Total return index symbol:  SPPEYT
Index weighting:   Market capitalization
Index inception date:  05/21/2012
Backtesting data exists:   Yes
Number of holdings:  50
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Factors used to select securities:

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