The combination of a middling Process Pillar rating and a Low People Pillar rating limit Global X SuperIncome™ Preferred ETF to a Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Morningstar’s Analysis SPFF
Will SPFF outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
Summary
|- Current Portfolio Date Mar 20, 2023
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 46
- % Assets in Top 10 Holdings 38.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Becton, Dickinson and Co PRF PERPETUAL USD 50 - 1/20TH INT Ser B
6.05
11,371,672
Healthcare
JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE
5.77
10,852,274
Financial Services
Duke Energy Corp 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int
4.45
8,364,912
Utilities
Bank of America Corp Pfd
3.62
6,805,514
Financial Services
Charles Schwab Corp Deposit Shs Repr 1/40th % Non-Cum Pfd Shs Series -D-
3.19
6,004,159
Financial Services
State Street Corporation Deposit Shs Repr 1/4000th Non-Cum Perp Pfd Shs Ser
3.13
5,888,317
Financial Services
Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep
3.11
5,854,722
Financial Services
The Goldman Sachs Group Inc DR
3.11
5,852,867
Financial Services
Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4
2.83
5,323,963
Financial Services
Wells Fargo & Co Deposit Shs Repr 1/1000th 5.85 % Non-Cum Perp Pfd Shs -A-
2.83
5,312,991
Financial Services