ATLASGlobal X Variable Rate Preferred ETF (PFFV): outlook, holdings and fees
Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund and is managed by Global X Funds. The expense ratio is 0.24% and the yield is 8.59%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PFFV
| Last price | $21.12 (-0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 62% |
| Likely 1-month range (50%) | $20.97 – $21.50 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 8.59% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PFFV fund facts
| Issuer | Global X Funds |
|---|---|
| Theme | Global equities |
| Assets under management | $334M |
| Expense ratio | 0.24% |
| Number of holdings | 32 |
| Portfolio turnover | 82% |
| Inception | Jun 22, 2020 |
| Exchange | NYSE |
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified.
PFFV top holdings
| Holding | Sector | Weight |
|---|---|---|
| 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 RZC | – | 3.64% |
| Apollo Global Management Inc. APOS | Financial Services | 3.30% |
| KeyCorp Depositary Shares Series E KEY-P-I | Other | 3.01% |
| Jackson Financial Inc. JXN-PA | Financial Services | 2.88% |
| The Allstate Corporation ALL-PB | Real Estate | 2.83% |
| Fifth Third Bancorp FITBI | Financial Services | 2.50% |
| CHS Inc CM Pref CHSCM | Consumer Defensive | 2.28% |
| Wintrust Financial Corporation WTFCN | Financial Services | 2.19% |
| CHS Inc CN Pref CHSCN | Consumer Defensive | 2.03% |
| Athene Holding Ltd ATH-PA | Financial Services | 2.01% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PFFV returns and risk
| Year to date | +2.2% |
|---|---|
| 1 year | +1.4% |
| 3 years (annualised) | +6.8% |
| 5 years (annualised) | +1.8% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 5.5% |
| Sharpe ratio (3 years) | 0.25 |
Past returns do not guarantee future results.
PFFV: frequently asked questions
What does PFFV invest in?
Global X Variable Rate Preferred ETF invests in a portfolio of securities. Its largest holdings are 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (3.6%), Apollo Global Management Inc. (3.3%), KeyCorp Depositary Shares Series E (3.0%), Jackson Financial Inc. (2.9%), The Allstate Corporation (2.8%).
What is the PFFV expense ratio?
0.24% a year: about $24.00 for every $10,000 invested.
What is the PFFV dividend yield?
8.59%. ATLAS does not hold the exact distribution dates for ETFs.
Will PFFV go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 62%, with a likely range (50%) of $20.97 to $21.50 from $21.12 today. It is a probability, not a prediction.
How has PFFV performed?
Year to date +2.2%, one year +1.4%, three years +6.8% a year, five years +1.8% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer