Global X SuperDividend™ ETF (SDIV) Crosses $1 Billion In Assets
Global X experiences strong demand for income producing ETFs
NEW YORK, June 12, 2014 /PRNewswire/ -- Global X Management Company LLC (Global X), sponsor of innovative exchange traded funds (ETFs), today announced that its suite of income producing ETFs has achieved several key milestones in assets under management. The Global X SuperDividend™ ETF (SDIV) crossed the $1 billion threshold, while the Global X SuperDividend™ U.S. ETF (DIV), the Global X SuperIncome™ Preferred ETF, the Global X MLP ETF (MLPA) and Global X MLP & Energy Infrastructure ETF (MLPX) each reached $100 million in assets.
SDIV, launched in August 2011, tracks the Solactive SuperDividend™ Index, providing exposure to 100 equal weighted companies that are among the highest dividend yielding stocks around the globe. U.S. securities account for 23 percent of the fund, while Australia and the U.K. represent 20 percent and 10 percent respectively. The fund has a 12-month dividend yield of 6.06%. The 30 Day SEC Yield (as of the most recent month end) is 5.85%.
Standard Performance Chart
Since Fund |
1Yr |
Since Fund |
|
As of: |
5/31/2014 |
3/31/2014 |
3/31/2014 |
Fund NAV |
27.70% |
12.90% |
7.21% |
Closing Price |
28.10% |
12.53% |
7.31% |
Index |
24.93% |
12.29% |
6.51% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month end, please call 1-888-GX-FUND-1 (1.888.493.8631), or visit www.globalxfunds.com. The total annual fund operation expense is 0.58%. The inception date of the fund is 06/08/2011. This material must be preceded or accompanied by a current prospectus. Investors should read it carefully before investing or sending money, please visit www.globalxfunds.com/SDIV/SumPros.
Global X added SPFF in 2012 and DIV in 2013 to provide additional tools to investors looking to access alternatives to fixed income with high yield potential. SPFF equal weights 50 of the highest paying preferred stocks listed in the US and Canada, while DIV equal weights 50 of the highest yielding US dividend payers.
The strong inflows into the three funds come at a time when persistently low interest rates have made alternatives to fixed income securities, such as dividend stocks and preferred shares, attractive to investors.
"In this low and uncertain interest rate environment, we believe exposure to global dividend payers can provide key diversification to income-oriented portfolios," said Jay Jacobs, research analyst. "Our SuperDividend™ ETF provides access to a class of dividend payers that have traditionally been overlooked by the market."
ABOUT GLOBAL X
Global X is a New York-based sponsor of exchange-traded funds that facilitates access to investment opportunities across the global markets. With $3.8 billion in managed assets as of May 2014, Global X offers income-oriented, international, and alternative exchange-traded funds. For more information about these exchanged traded funds, please visit www.globalxfunds.com.
DISCLOSURE
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. High yielding stocks are often speculative, high risk investments. These companies can be paying out more than they can support and may reduce their dividends or stop paying dividends at any time, which could have a material adverse effect on the stock price of these companies and the Fund`s performance. The potential benefits of investing in MLPs depend on them being treated as partnerships for federal income tax purposes. Further, if the MLP is deemed to be a corporation then its income would be subject to federal taxation at the entity level, reducing the amount of cash available for distributions to the fund which could result in a reduction of the fund's value. The risks associated with real estate investment trusts including interest rate risk which may cause certain REIT holdings to decline in value if interest rates increase. REITs are subject to general risks related to real estate including default risk and the possibility of decreasing property values. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stock may not pay a dividend, an issuer may suspend payment of dividends on preferred stock at any time, and in certain situations an issuer may call or redeem its preferred stock or convert it to common stock. Diversification does not prevent all investment loss. DIV is non-diversified which represents a heightened risk to investors.
Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling 1-888-GX-FUND-1 (1.888.493.8631), or by visiting www.globalxfunds.com. Read the prospectus carefully before investing.
Global X Management Company, LLC serves as an advisor to the Global X Funds. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Global X Management Company or any of its affiliates.
SOURCE Global X Funds
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