# EDGAR Filing Document

**Accession Number:** 0001432353
**File Stem:** 0001752724-25-162119
**Filing Date:** 2025-6
**Character Count:** 21620
**Document Hash:** 2e0fc68623ac7b093fff1008656594c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-162119.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-162119

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Global X Funds
- **CENTRAL INDEX KEY:** 0001432353

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22209
- **FILM NUMBER:** 251086349

**BUSINESS ADDRESS:**
- **STREET 1:** 605 THIRD AVENUE
- **STREET 2:** 43RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10158
- **BUSINESS PHONE:** (212) 644-6110

**MAIL ADDRESS:**
- **STREET 1:** 605 THIRD AVENUE
- **STREET 2:** 43RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10158

## Series and Classes Contracts Data

### Global X MSCI Norway ETF (Series ID: S000023259)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000068030 | Global X MSCI Norway ETF | NORW            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** GLOBAL X FUNDS

- **b. Investment Company Act file number:** 811-22209

- **c. CIK number of Registrant:** 0001432353

- **d. LEI of Registrant:** 5493003RA4QUTSYF1N15

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 605 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10158

  - **Telephone number:** 2126446110

**Item A.2. Information about the Series.**

- **a. Name of Series:** Global X MSCI Norway ETF

- **b. EDGAR series identifier (if any):** S000023259

- **c. LEI of Series:** 549300NJJFAZR2WS6R95

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $50741867.52

**Total Liabilities:** $19520.33

**Net Assets:** $50722347.19

**Cash Not Reported:** $105623.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000068030 | -0.56%               | 8.21%                | -1.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-839919.43                                |
| Month 2  | $-903128.42              | $4523829.88                                |
| Month 3  | $0.00                    | $-704492.72                                |

### Schedule of Portfolio Investments

| Name                         | Title                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AKER SOLUTIONS ASA           | AKER SOLUTIONS ASA COMMON STOCK          | CUSIP: N/A<br>LEI: 5967007LIEEXZXG42836       | Long             | EC               |  | NO        |     80568 | NS      | $218008.58    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HEXAGON COMPOSITES ASA       | HEXAGON COMPOSITES ASA COMMON STOCK      | CUSIP: N/A<br>LEI: 5967007LIEEXZXJWMW49       | Long             | EC               |  | NO        |     30869 | NS      | $55248.93     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDIC SEMICONDUCTOR ASA     | NORDIC SEMICONDUCTOR ASA COMMON STOCK    | CUSIP: N/A<br>LEI: 5967007LIEEXZXJGFK95       | Long             | EC               |  | NO        |     54669 | NS      | $540366.40    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ATEA ASA                     | ATEA ASA COMMON STOCK                    | CUSIP: N/A<br>LEI: 5967007LIEEXZXINVS13       | Long             | EC               |  | NO        |     23112 | NS      | $316482.14    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TGS ASA                      | TGS ASA COMMON STOCK                     | CUSIP: N/A<br>LEI: 549300NUPLAXPB0WYH90       | Long             | EC               |  | NO        |     58562 | NS      | $434558.11    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| KONGSBERG GRUPPEN ASA        | KONGSBERG GRUPPEN ASA COMMON STOCK       | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ9HK73       | Long             | EC               |  | NO        |     26290 | NS      | $4228730.13   | 8.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BW OFFSHORE LIMITED          | BW OFFSHORE LTD COMMON STOCK             | CUSIP: N/A<br>LEI: 2138008LFKH8V2EOA915       | Long             | EC               |  | NO        |     24984 | NS      | $68543.71     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LEROY SEAFOOD GROUP ASA      | LEROY SEAFOOD GROUP ASA COMMON STOCK     | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ2JK50       | Long             | EC               |  | NO        |     79905 | NS      | $349518.64    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ELOPAK ASA                   | ELOPAK ASA COMMON STOCK                  | CUSIP: R2R8AG112<br>LEI: 529900BIDQN2AOKV6N08 | Long             | EC               |  | NO        |     32145 | NS      | $131277.47    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MPC CONTAINER SHIPS ASA      | MPC CONTAINER SHIPS AS COMMON STOCK      | CUSIP: N/A<br>LEI: 213800MXS7CXYJ2Q1805       | Long             | EC               |  | NO        |    112222 | NS      | $165574.24    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Subsea 7 S.A.                | SUBSEA 7 SA COMMON STOCK                 | CUSIP: N/A<br>LEI: 222100AIF0CBCY80AH62       | Long             | EC               |  | NO        |     67736 | NS      | $1022250.25   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DNO ASA                      | DNO ASA COMMON STOCK                     | CUSIP: N/A<br>LEI: 5967007LIEEXZXH3K072       | Long             | EC               |  | NO        |    129461 | NS      | $148662.39    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SPAREBANK 1 OSTLANDET        | SPAREBANK 1 OESTLANDET COMMON STOCK      | CUSIP: N/A<br>LEI: 549300VRM6G42M8OWN49       | Long             | EC               |  | NO        |     14198 | NS      | $236862.67    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GRIEG SEAFOOD ASA            | GRIEG SEAFOOD ASA COMMON STOCK           | CUSIP: N/A<br>LEI: 5967007LIEEXZXH5VC37       | Long             | EC               |  | NO        |     15319 | NS      | $96390.51     | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| WALLENIUS WILHELMSEN ASA     | WALLENIUS WILHELMSEN ASA COMMON STOCK    | CUSIP: N/A<br>LEI: 549300NBN0URT3RA3Y54       | Long             | EC               |  | NO        |     31548 | NS      | $227408.33    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ODFJELL DRILLING LTD         | ODFJELL DRILLING LTD COMMON STOCK        | CUSIP: N/A<br>LEI: 529900M08ZU24JXMPB85       | Long             | EC               |  | NO        |     28792 | NS      | $149374.84    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FRONTLINE PLC                | FRONTLINE PLC COMMON STOCK               | CUSIP: N/A<br>LEI: 5493004BCIKYU1YL3H63       | Long             | EC               |  | NO        |     43248 | NS      | $728796.96    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GJENSIDIGE FORSIKRING ASA    | GJENSIDIGE FORSIKRING ASA COMMON STOCK   | CUSIP: N/A<br>LEI: 5967007LIEEXZX6FAO47       | Long             | EC               |  | NO        |     59620 | NS      | $1394781.27   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| STOREBRAND ASA               | STOREBRAND ASA COMMON STOCK              | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               |  | NO        |    126867 | NS      | $1528039.03   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| YARA INTERNATIONAL ASA       | YARA INTERNATIONAL ASA COMMON STOCK      | CUSIP: N/A<br>LEI: 213800WKOUWXWFJ5Z514       | Long             | EC               |  | NO        |     49358 | NS      | $1595456.26   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadeler A/S                  | CADELER A/S COMMON STOCK                 | CUSIP: N/A<br>LEI: 9845008439EUED140282       | Long             | EC               |  | NO        |     61979 | NS      | $323344.27    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTRA ASA                    | ENTRA ASA COMMON STOCK                   | CUSIP: N/A<br>LEI: 549300APU14LQKTYCH34       | Long             | EC               |  | NO        |     16330 | NS      | $188654.14    | 0.37%             |  |  |  | Yes           |                  1 | On Loan: No      |
| FLEX LNG LTD.                | FLEX LNG LTD COMMON STOCK                | CUSIP: N/A<br>LEI: 21380084THHU3MPC3647       | Long             | EC               |  | NO        |      9593 | NS      | $232194.27    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PROTECTOR FORSIKRING ASA     | PROTECTOR FORSIKRING ASA COMMON STOCK    | CUSIP: N/A<br>LEI: 5967007LIEEXZXAIO813       | Long             | EC               |  | NO        |     16029 | NS      | $564959.28    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MOWI ASA                     | MOWI ASA COMMON STOCK                    | CUSIP: N/A<br>LEI: 549300W1OGQF5LZIH349       | Long             | EC               |  | NO        |    139122 | NS      | $2550358.70   | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WILH. WILHELMSEN HOLDING ASA | WILH WILHELMSEN HOLDING-A COMMON STOCK   | CUSIP: N/A<br>LEI: 54930050TPKOLSE1ZZ71       | Long             | EC               |  | NO        |      3362 | NS      | $125791.93    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cool Company Ltd.            | COOL CO LTD COMMON STOCK                 | CUSIP: N/A<br>LEI: 549300AQHDVKVCNIU608       | Long             | EC               |  | NO        |      7251 | NS      | $45450.07     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CRAYON GROUP HOLDING ASA     | CRAYON GROUP HOLDING AS COMMON STOCK     | CUSIP: N/A<br>LEI: 5967007LIEEXZXI98043       | Long             | EC               |  | NO        |     23662 | NS      | $282941.38    | 0.56%             |  |  |  | Yes           |                  1 | On Loan: No      |
| EUROPRIS ASA                 | EUROPRIS ASA COMMON STOCK                | CUSIP: N/A<br>LEI: 5967007LIEEXZXGA8G28       | Long             | EC               |  | NO        |     47235 | NS      | $351189.59    | 0.69%             |  |  |  | Yes           |                  1 | On Loan: No      |
| BW LPG Limited               | BW LPG LTD COMMON STOCK                  | CUSIP: N/A<br>LEI: 5493006WBEME88YFDW23       | Long             | EC               |  | NO        |     28466 | NS      | $283837.86    | 0.56%             |  |  |  | Yes           |                  1 | On Loan: —       |
| DNB BANK ASA                 | DNB BANK ASA COMMON STOCK                | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               |  | NO        |    267646 | NS      | $6679567.87   | 13.17%            |  |  |  | No            |                  1 | On Loan: No      |
| TOMRA SYSTEMS ASA            | TOMRA SYSTEMS ASA COMMON STOCK           | CUSIP: N/A<br>LEI: 549300J726JCFJU3VT89       | Long             | EC               |  | NO        |     66189 | NS      | $1037200.03   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SPAREBANK 1 SMN              | SPAREBANK 1 SMN COMMON STOCK             | CUSIP: N/A<br>LEI: 7V6Z97IO7R1SEAO84Q32       | Long             | EC               |  | NO        |     38694 | NS      | $702017.77    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| STOLT-NIELSEN LIMITED        | STOLT-NIELSEN LTD COMMON STOCK           | CUSIP: N/A<br>LEI: 213800VZX4LWJSGRLR94       | Long             | EC               |  | NO        |      6959 | NS      | $156360.16    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ODFJELL SE                   | ODFJELL SE-A SHS COMMON STOCK            | CUSIP: N/A<br>LEI: 529900J8VSH14TP5VD23       | Long             | EC               |  | NO        |      6172 | NS      | $58030.17     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUENORD ASA                 | BLUENORD ASA COMMON STOCK                | CUSIP: N/A<br>LEI: 5967007LIEEXZXGE3C16       | Long             | EC               |  | NO        |      7107 | NS      | $408466.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AKER ASA                     | AKER ASA-A SHARES COMMON STOCK           | CUSIP: N/A<br>LEI: 5967007LIEEXZXJ10071       | Long             | EC               |  | NO        |      6646 | NS      | $384534.16    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HOEGH AUTOLINERS ASA         | HOEGH AUTOLINERS ASA COMMON STOCK        | CUSIP: N/A<br>LEI: 549300D7GNMPKTA4HD46       | Long             | EC               |  | NO        |     33680 | NS      | $269571.21    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AUSTEVOLL SEAFOOD ASA        | AUSTEVOLL SEAFOOD ASA COMMON STOCK       | CUSIP: N/A<br>LEI: 5967007LIEEXZXFFDC03       | Long             | EC               |  | NO        |     26727 | NS      | $251033.98    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AKER BP ASA                  | AKER BP ASA COMMON STOCK                 | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               |  | NO        |     94446 | NS      | $2032830.17   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| P/F Bakkafrost               | BAKKAFROST P/F COMMON STOCK              | CUSIP: N/A<br>LEI: 2138007LH7OP4V112978       | Long             | EC               |  | NO        |     15064 | NS      | $757561.61    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Norconsult ASA               | NORCONSULT AS COMMON STOCK               | CUSIP: N/A<br>LEI: 635400VFBLRSFRXLGQ03       | Long             | EC               |  | NO        |     32618 | NS      | $147835.43    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINOR ASA                  | EQUINOR ASA COMMON STOCK                 | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               |  | NO        |    250406 | NS      | $5744635.93   | 11.33%            |  |  |  | No            |                  1 | On Loan: No      |
| SALMAR ASA                   | SALMAR ASA COMMON STOCK                  | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               |  | NO        |     19681 | NS      | $972667.42    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ELKEM ASA                    | ELKEM ASA COMMON STOCK                   | CUSIP: N/A<br>LEI: 549300CVBE06T0SH6T76       | Long             | EC               |  | NO        |     86370 | NS      | $151585.49    | 0.30%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Paratus Energy Services Ltd. | PARATUS ENERGY SERVICES LTD COMMON STOCK | CUSIP: G6904D108<br>LEI: 549300XB7T5BX418QX67 | Long             | EC               |  | NO        |     18866 | NS      | $64512.21     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TELENOR ASA                  | TELENOR ASA COMMON STOCK                 | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               |  | NO        |    171871 | NS      | $2588850.50   | 5.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SPAREBANK 1 NORD-NORGE       | SPAREBANK 1 NORD-NORGE COMMON STOCK      | CUSIP: N/A<br>LEI: 549300SXM92LQ05OJQ76       | Long             | EC               |  | NO        |     28431 | NS      | $380215.05    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoStore Holdings Ltd.      | AUTOSTORE HOLDINGS LTD COMMON STOCK      | CUSIP: N/A<br>LEI: 549300KYN3M0LSM5A413       | Long             | EC               |  | NO        |    327342 | NS      | $146783.76    | 0.29%             |  |  |  | Yes           |                  1 | On Loan: No      |
| SPAREBANK 1 SOR-NORGE ASA    | SPAREBANK 1 SOR-NORGE ASA COMMON STOCK   | CUSIP: N/A<br>LEI: 549300Q3OIWRHQUQM052       | Long             | EC               |  | NO        |     61557 | NS      | $981829.98    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Kitron ASA                   | KITRON ASA COMMON STOCK                  | CUSIP: N/A<br>LEI: 5967007LIEEXZXIG6009       | Long             | EC               |  | NO        |     54050 | NS      | $265820.95    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ORKLA ASA                    | ORKLA ASA COMMON STOCK                   | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               |  | NO        |    209537 | NS      | $2335833.56   | 4.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DOF GROUP ASA                | DOF GROUP ASA COMMON STOCK               | CUSIP: N/A<br>LEI: 213800GIV9N2A714T434       | Long             | EC               |  | NO        |     44050 | NS      | $343438.73    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA              | NORSK HYDRO ASA COMMON STOCK             | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               |  | NO        |    420371 | NS      | $2213343.03   | 4.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHIBSTED ASA                | SCHIBSTED ASA-B SHS COMMON STOCK         | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               |  | NO        |     28856 | NS      | $832014.04    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SCATEC ASA                   | Scatec ASA COMMON STOCK                  | CUSIP: N/A<br>LEI: 5967007LIEEXZXIARK36       | Long             | EC               |  | NO        |     35465 | NS      | $270349.25    | 0.53%             |  |  |  | Yes           |                  1 | On Loan: No      |
| SCHIBSTED ASA                | SCHIBSTED ASA-CL A COMMON STOCK          | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               |  | NO        |     21821 | NS      | $664102.30    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDEN OCEAN GROUP LIMITED.  | GOLDEN OCEAN GROUP LTD COMMON STOCK      | CUSIP: N/A<br>LEI: 549300HQH91CZG0OJL61       | Long             | EC               |  | NO        |     38257 | NS      | $294030.63    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NORWEGIAN AIR SHUTTLE ASA    | NORWEGIAN AIR SHUTTLE AS COMMON STOCK    | CUSIP: N/A<br>LEI: 549300IEUH2FEM2Y6B51       | Long             | EC               |  | NO        |    215007 | NS      | $282288.76    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BNYREPOS                     | BNYREPOS                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               |  | US        |    234082 | PA      | $234082.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** GLOBAL X FUNDS

**Signature:** Joe Costello

**Name of Signer:** Joe Costello

**Title:** CCO