Global X - Investment Grade Corporate Bond ETF
GXIG
New York Stock Exchange Arca- -
USD
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Capital Structure
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Jun 16, 2025
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Investment Grade Corporate Bond ETF (GXIG) is an actively managed exchange-traded fund that seeks a high level of total return consisting of both income and capital appreciation through investment in investment grade corporate bonds rated Baa3/BBB-/BBB- or higher by Moody's, S&P, or Fitch; the fund primarily targets securities from U.S. issuers included in the Bloomberg U.S. Corporate Index while allowing up to 35% in foreign bonds from developed and emerging markets, supplemented by limited exposure to government bonds, cash, and other fixed income instruments. GXIG employs a proprietary quantitative multifactor model and deep neural network developed by Wealthspot LLC for security screening, analysis, and portfolio construction, sub-advised by Mirae Asset Global Investments (USA) LLC whose portfolio managers bring over 20 years of average experience in investment grade corporate bond strategies; key portfolio characteristics include a Macaulay duration of approximately 7.8 years, modified duration of 7.56, and yield to maturity of 4.71%, with top holdings featuring corporate bonds from issuers such as Goldman Sachs, JPMorgan, Charter Communications, American Express, and Morgan Stanley alongside U.S. Treasury notes. Launched on June 16, 2025, by Global X Management Company LLC—a New York-based provider of exchange-traded funds founded in 2008 and headquartered at 605 Third Avenue, 43rd Floor, New York, New York—GXIG represents the first actively managed corporate bond offering in Global X's expanding fixed income suite of over 20 funds, addressing investor demand for cost-efficient exposure at a 0.14% expense ratio amid complex interest rate and credit environments. In a recent major development, GXIG listed on the NYSE Arca on June 17, 2025, introducing AI-driven active management to unlock value in investment grade bonds and mitigate inefficiencies of passive strategies like forced rebalancing; this launch expands Global X's core portfolio-building ETFs amid accelerated fixed income ETF demand in 2025, with the firm overseeing more than $55 billion in assets across over 90 U.S.-listed products globally spanning the United States, Canada, Asia, Latin America, and Europe through its affiliation with Mirae Asset Financial Group.