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Global X Funds - Global X U.S. Preferred ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in preferred securities, such as floating, variable and fixed-rate preferreds, cumulative and non-cumulative preferreds, and trust preferreds. The fund seeks to track the performance of the ICE BofA Diversified Core U.S. Preferred Securities Index, by using representative sampling technique. Global X Funds - Global X U.S. Preferred ETF was formed on September 11, 2017 and is domiciled in the United States.