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Global X Variable Rate Preferred ETF PFFV

Morningstar Medalist Rating
Medalist Rating as of | See Global X Investment Hub

Morningstar’s Analysis PFFV

Will PFFV outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PFFV’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PFFV management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PFFV’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Low People Pillar rating limit Global X Variable Rate Preferred ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PFFV

More PFFV Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 58
  • % Assets in Top 10 Holdings 35.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The Goldman Sachs Group Inc DR

4.79
10,630,237
Financial Services

Bank of America Corp. 0%

4.56
10,114,802
Corporate

Citigroup Inc DR

4.15
9,194,368
Financial Services

Morgan Stanley DR

4.11
9,104,864
Financial Services

Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep

3.50
7,760,906
Financial Services

U.S. Bancorp DR

3.43
7,601,033
Financial Services

7.125% Fixed-Rate Rst Sbd Dbtrs due 2052

2.96
6,561,396
Corporate

Annaly Capital Management Inc Cum Conv Red Pfd Registered Shs Series -F-

2.87
6,358,188
Real Estate

The Goldman Sachs Group Inc DR

2.64
5,848,059
Financial Services

WESCO International Inc 10.625% PRF PERPETUAL USD 25 - Ser A 1/1000 Dep Sh

2.49
5,513,550
Industrials