Global X Variable Rate Preferred ETF (PFFV)

Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund in the Preferred Stock category. It has $319.89M in assets, an expense ratio of 0.25% and a 8.10% dividend yield. 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.