Global X U.S. Preferred ETF, managed by Global X Management Company LLC, is a fund that focuses on the fixed income market in the United States. It primarily invests in a variety of preferred securities, including both cumulative and non-cumulative types, as well as floating, variable, and fixed-rate preferreds. The goal of this ETF is to mirror the performance of the ICE BofA Diversified Core U.S. Preferred Securities Index. Launched on September 11, 2017, it aims to offer investors diversified exposure to preferred securities.

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