Global X Short-Term U.S. Treasury Premium Yield ETF
Rules-based selection and rebalancing of U.S. Treasuries, generally targeting a duration of less than 3 years.
Seeks to reduce downside risk and improve income earning potential by adjusting put and call coverage based on market conditions.
Designed to provide a consistent monthly interest income and option premiums.
NAV
$26.95
$-0.1398
-0.52%
Volume Real-time volume on the Toronto Stock Exchange only
200
Price
$26.95
$-0.14
-0.52%
Last Close
$27.09
Prices delayed by 15 minutes.
Last Trade: May 3, 2024Risk Rating: Risk Rating is based on how much the ETF's returns have changed from year to year. It doesn't tell you how volatile the ETF will be in the future. The rating can change overtime. An ETF with a low risk rating can still lose money.
Low
Ticker
SPAY
CUSIP
379943103
Inception Date
October 4, 2023
Net Assets The value of all assets, less the value of all liabilities, at a particular point in time. (Includes all classes of this ETF)
$47,702,575
Consolidated Prior Day Volume The ETF’s aggregate volume traded on all Canadian exchanges
16,580
Average Daily Trading Volume Over a 12 Month Period The ETF’s aggregate average daily trading volume over a 12 month period traded on all Canadian exchanges
31,000
Exchange
Toronto Stock Exchange
Investment Manager
Global X Investments Canada Inc.
Eligibility
All Registered and Non-Registered Investment Accounts
Management Fee
0.35% (Plus applicable sales tax)
Management Expense Ratio Management expense ratio (“MER”) is based on total expenses, including sales tax, (excluding commissions and other portfolio transaction costs) for the stated period for each ETF and is expressed as an annualized percentage of each ETF’s daily average net asset value during the period. Out of its management fees, the Manager pays for such services to the ETF as investment manager compensation, service fees and marketing.
0.45% As at December 31, 2023
Trading Expense Ratio The trading expense ratio (“TER”) represents total commissions and other portfolio transaction costs incurred by each ETF expressed as an annualized percentage of each ETF’s daily average net asset value during the period.
0.20% As at December 31, 2023
Currency
CAD
Currency Hedging
No
LEI The LEI is the Legal Entity Identifier, which is an identification code under international standards for the accurate identification of legal entities like the ETF.
894500DNHGEDNBRL3G09
As at April 30, 2024
Most Recent Distributions per Unit
$0.12500
Annualized Distribution Yield
7.63%
Distribution Frequency
Monthly
Record Date
April 30, 2024
As at May 2, 2024
NAV / Unit
$26.95
Price
$26.95
Premium Discount
$0.11
Premium Discount Percentage
0.40%
Outstanding Shares
2,425,053
As at March 29, 2024
Percent Written by Month End
14.49
Average OTM % When Written
0.92
Percentage of Options OTM by Month End
59.20
Standard Deviation
5.33
The NAV chart above only shows the historical daily net asset value per unit (NAV) of the ETF, and identifies the various distributions made by the ETF, if any. The distributions are not treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses. The chart is not a performance chart and is not indicative of future NAV values which will vary.
The Growth of 10K chart above is based on the historical daily net asset value per unit (NAV) of the ETF, and represents the value of an initial investment into the ETF of $10,000 since its inception, on a total return basis. Distributions, if any, are treated as reinvested, and it does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder. The NAV values do contemplate management fees and other fund expenses where paid by the fund. The chart is not a performance chart and is not indicative of future value which will vary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
Investment fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Ex-Dividend Date | Record Date | Payment Date | Payment Amount | Distribution Period |
|---|---|---|---|---|
| April 29, 2024 | April 30, 2024 | May 7, 2024 | 0.12500 | Monthly |
| March 27, 2024 | March 28, 2024 | April 5, 2024 | 0.12500 | Monthly |
| February 28, 2024 | February 29, 2024 | March 7, 2024 | 0.12500 | Monthly |
| January 30, 2024 | January 31, 2024 | February 7, 2024 | 0.12500 | Monthly |
As at April 30, 2024
Security Name
Weight
HORIZONS 0-3 MONTH US T-BILL ETF
90.06%
iShares 20 Plus Year Treasury Bond ETF (TLT)
9.85%
CANADIAN DOLLAR
0.17%
CASH
0.17%
Holdings are subject to change.