Global X TargetIncome Plus 2 ETF
TFLT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Jul 27, 2018
- CIK
- 0001432353
- Similar Companies
- Business
- Global X TargetIncome Plus 2 ETF (TFLT) is an exchange-traded fund that seeks to track the Wilshire TargetIncome 10-Year Treasury +2% Plus Index, providing investors with targeted income exposure optimized to deliver a yield approximately 2% higher than the current 10-year U.S. Treasury Note, net of fees. The fund employs a fund-of-funds structure, investing in a portfolio of income-producing fixed income securities, including multisector bonds and treasury-related assets, to achieve its yield objective while managing interest rate sensitivity. It offers monthly distributions aimed at retirees and income-focused investors, with operations domiciled in the United States and listed on the NYSE Arca exchange. Global X TargetIncome Plus 2 ETF, issued by Global X Funds, focuses on the fixed income segment, particularly enhanced treasury yield strategies, serving retail and institutional investors seeking stable income in varying interest rate environments. The ETF holds positions in diversified bond holdings designed for high yield relative to long-term treasuries, with an emphasis on credit quality and duration management. Launched on July 27, 2018, the ETF is managed by Global X ETFs, a subsidiary of Mirae Asset Global Investments headquartered at 605 Third Avenue in New York, New York. Global X ETFs, founded in 2008, oversees approximately $40 billion in assets across over 90 ETF strategies spanning thematic growth, income, commodities, and international access. In recent developments, Global X ETFs expanded its income-focused offerings with the launch of the Global X Treasury Bond Enhanced Income ETF (TLTX) on July 16, 2025, which complements TFLT by providing exposure to long-duration treasuries augmented by weekly call option writing for enhanced yield and volatility management. This strategic addition reflects the firm's ongoing emphasis on innovative fixed income solutions amid shifting interest rate dynamics. No major acquisitions, partnerships, or reorganizations specific to TFLT were reported in the last 1-2 years.