Global X - U.S. Preferred ETF
PFFD
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Sep 14, 2017
- CIK
- 0001432353
- Website
- globalxfunds.com
- Similar Companies
- Business
- Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the ICE BofA Diversified Core U.S. Preferred Securities Index. The fund invests in a broad basket of U.S. preferred stocks across various sectors, including financials such as banks and insurance companies, utilities, real estate, and technology issuers; top holdings include preferred securities from Boeing (BA), KKR, Wells Fargo (WFC), Albemarle (ALB), Citigroup (C), NextEra Energy (NEE), Hewlett Packard Enterprise (HPE), Microchip Technology (MCHP), Ares Management (ARES), and Bank of America (BAC). It offers monthly distributions with a 30-day SEC yield of approximately 6.43%, a total expense ratio of 0.23%, and net assets exceeding $2.3 billion as of late 2025. PFFD, which commenced operations on September 11, 2017, trades on the NYSE Arca exchange under the ticker PFFD with CUSIP 37954Y657. The fund is issued and managed by Global X ETFs, a New York City-based provider of exchange-traded funds founded in 2008 and acquired by Mirae Asset Global Investments in July 2018 for $488 million; Global X manages over $40 billion in assets across more than 80 ETFs focused on thematic growth, income, international, core, commodities, and alpha strategies. Recent developments for PFFD include sustained monthly distributions for eight years running and an expense ratio approximately 53% below the category average for fixed income U.S. corporate preferred securities as of October 2025. Global X ETFs, the fund's sponsor, underwent a CEO transition in early 2024 with Ryan O'Connor appointed effective April 8 following an interim period, and continues to expand its product suite with launches such as the Global X Uranium UCITS ETF in 2022 and filings for spot Bitcoin and other innovative ETFs in 2023.