Global X SuperIncome Preferred ETF
SPFF
Market cap $146M

9.39 USD

+0.00

0.00%

Updated Dec 23, 2:35 PM EST

1 day

0.00%

5 days

-2.09%

1 month

-3.89%

3 months

-4.38%

6 months

1.62%

Year to date

3.30%

1 year

1.51%

5 years

-20.15%

10 years

-35.46%

0

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

2% less capital invested

Capital invested by funds: $28.8M [Q2] → $28.2M (-$592K) [Q3]

5.29% less ownership

Funds ownership: 19.07% [Q2] → 13.78% (-5.29%) [Q3]

11% less funds holding

Funds holding: 45 [Q2] → 40 (-5) [Q3]

38% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 16

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for SPFF.

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Financial journalist opinion

SPFF: Shrinking Value Since 2012

GlobalX SuperIncome Preferred ETF (SPFF) invests in some of the highest-yielding preferred stocks listed in the U.S. SPFF has lost about 60% in inflation-adjusted value and distribution since its inception. Moreover, it has underperformed a junk bond benchmark and shows higher risk metrics.

SPFF: Shrinking Value Since 2012

5 of the Best Preferred Stock ETFs for High and Stable Dividends

The best preferred stock ETFs allow you to reduce your risk by investing in baskets of preferred stocks.

5 of the Best Preferred Stock ETFs for High and Stable Dividends

SPFF: The Top 50 For The Yield Hungry Investor (Who Likes Financials)

Preferred stocks offer a hybrid of stock and bond characteristics, providing a fixed and higher dividend than common stocks. Global X SuperIncome™ Preferred ETF invests in 50 high-yielding preferreds in the US, with a focus on financials. The SPFF ETF has outperformed the SPDR ICE Preferred Securities ETF and offers potential for high-yield and preferential tax treatment, but carries concentration risk in financials.

SPFF: The Top 50 For The Yield Hungry Investor (Who Likes Financials)

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

Preferreds Weekly Review: Historic Drawdowns Are Relevant Again

We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driven by a drop in Treasury yields and compression in credit spreads. Different preferreds sectors have different drawdown profiles, offering investors an opportunity to tilt to more resilient securities in anticipation of the next drawdown.

SPFF: The Next Banking Crisis Could Be Around The Corner (Rating Downgrade)

The Global X SuperIncome Preferred ETF is a fixed income ETF focused on financials preferred shares. SPFF is heavily concentrated in financials, with over 82% of holdings in the sector, and runs significant credit risk through its large BB bucket. With a 30-day SEC yield of only 5.8% now and high volatility, there are better options for yield and stability in the current market.

SPFF: The Next Banking Crisis Could Be Around The Corner (Rating Downgrade)

U.S. Preferred Stocks Look Attractive And PFFA Is A Top-Performing Preferred Stocks ETF

PFFA is a well-diversified and consistently top-performing preferred stock ETF, enabled by management's bold allocation strategy.

U.S. Preferred Stocks Look Attractive And PFFA Is A Top-Performing Preferred Stocks ETF

Preferreds Weekly Review: A High Yield-To-Call Is Not Enough

We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury yields were offset by tighter credit spreads. A high yield-to-call is not a sufficient reason to buy a given preferred.

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