Reasons to Consider PFFV

High Income Potential

PFFV invests in a broad basket of variable rate preferred stock in the U.S., an asset class that has historically offered high yield potential.

Low Expense Ratio

PFFV’s expense ratio is half the competitor average.¹

Lower Duration Nature

Variable rate preferreds may offer lower duration profiles than fixed rate preferred issuances.

¹Expense ratio was 50.0% lower than the competitor average net expense ratio as of 1/2/26, per ETF.com (category: “Fixed Income: U.S. Corporate, Preferred Floating Rate”)

Key Information

As of May 08 2026

Inception Date

06/22/20

Total Expense Ratio

0.25%

Net Assets

$302.01 million

NAV

$22.30

Fact Sheet

ETF Summary

The Global X Variable Rate Preferred ETF (PFFV) invests in a broad basket of U.S. variable rate preferred stocks, providing benchmark-like exposure to the asset class. Variable rate preferreds can play a role in an investor’s portfolio as a source of income with less interest rate risk, offering the potential to mitigate the risks of rising interest rates due to coupon payments that adjust at certain points over their lifespan.

ETF Objective

The Global X Variable Rate Preferred ETF (PFFV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index.

Trading Details

As of May 07 2026

Ticker

PFFV

Bloomberg Index Ticker

PFTF

CUSIP

37954Y376

ISIN

US37954Y3760

Primary Exchange

NYSE Arca

Shares Outstanding

13,540,000

Number of Holdings

30-Day Median Bid-Ask Spread

0.13%

NAIC Designation*

Preliminary 4.A as of 03/31/25

Distributions

As of May 08 2026

30-Day SEC Yield

7.10%

Trailing 12-Month Distribution (%) ¹

8.42%

Distribution Rate ²

6.93%

Distribution Frequency

Monthly

Distributions

ETF Prices

As of May 08 2026

NAV	$22.30	Daily Change	$0.05	0.22%
Market Price	$22.35	Daily Change	$0.07	0.31%

Performance History

As of recent(Mar 31 2026)	Fund NAV	Market Price	Index
1 Year	0.51%	-0.06%	1.13%
3 Years	6.08%	6.20%	6.48%
5 Years	2.11%	2.09%	2.40%
Since Inception	4.34%	4.39%	4.64%

Top Holdings

As of May 08 2026

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
4.30	MS	MS 4.63471 PERP	B1802M4	19.54	668,694	13,066,280.76
3.56	RGA	RGA 7 1/8 10/15/52	BMG9SY4	25.52	423,667	10,811,981.84
3.12	APO	APO 7 5/8 09/15/53	BQC5ZW1	26.05	363,335	9,464,876.75
3.04	KEY	KEY 6.2 PERP	BPLPQT9	24.98	369,853	9,238,927.94
2.94	JXN	JXN 8 PERP	BMW6VL7	26.14	341,600	8,929,424.00
2.90	BAC	BAC 6.45 12/15/66	BF2PL60	25.55	344,720	8,807,596.00
2.82	GS	GS 4.57149 PERP	B15CKS5	19.15	446,904	8,558,211.60
2.81	USB	USB 4.53471 PERP	B125QN4	18.84	453,312	8,540,398.08
2.63	MET	MET 4.93562 PERP	B0B87W3	21.81	365,952	7,981,413.12
2.63	BANC	BANC 7 3/4 PERP	BMWDYS6	25.62	310,987	7,967,486.94

Top Holdings

Net Assets (%)	Ticker	Name	SEDOL	Shares Held	Market Value

Exposure

ETF Research

Quarterly Preferred Report: Q3 2025

Quarterly Income Commentary: Enhancing Yields Through Preferred Stocks and Fixed Income

Preferred Stock Outlook in the Wake of the Banking Sector Shakeout

ETF Documents

Supplemental Tax Information

Fact Sheet

Index Methodology Summary

Proxy Voting

Quarterly Preferred Report

Prospectus & Regulatory Information

Summary Prospectus

Statutory Prospectus

Statement of Additional Information

Annual Financial Statements*

Semi Annual Financial Statements**

Annual Shareholder Report

Semi Annual Shareholder Report

Q1 Complete Holdings

Q3 Complete Holdings

* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.

ETF Documents

Insights

PFFV

Reasons to Consider PFFV

High Income Potential

Low Expense Ratio

Lower Duration Nature

Key Information

ETF Summary

ETF Objective

Trading Details

Distributions

ETF Prices

Performance History

Top Holdings

Top Holdings

ETF Research

Quarterly Preferred Report: Q3 2025

Quarterly Income Commentary: Enhancing Yields Through Preferred Stocks and Fixed Income

Preferred Stock Outlook in the Wake of the Banking Sector Shakeout

ETF Documents

Prospectus & Regulatory Information

ETF Documents

Top Holdings

Reasons to Consider PFFV

High Income Potential

Low Expense Ratio

Lower Duration Nature

Distributions

ETF Documents

Prospectus & Regulatory Information