# EDGAR Filing Document

**Accession Number:** 0001432353
**File Stem:** 0001752724-25-183061
**Filing Date:** 2025-7
**Character Count:** 22484
**Document Hash:** a02c8cec937d0331658b06ea6fd16b68
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-183061.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001752724-25-183061

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**PERIOD START**: 20251130

**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:** 251164520

**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 Variable Rate Preferred ETF (Series ID: S000068631)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000219547 | Global X Variable Rate Preferred ETF | PFFV            |

## 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 Variable Rate Preferred ETF

- **b. EDGAR series identifier (if any):** S000068631

- **c. LEI of Series:** 549300KBIRQLDG81U263

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

- **a. Date of fiscal year-end:** 2025-11-30

- **b. Date as of which information is reported:** 2025-05-31

**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:** $304406530.62

**Total Liabilities:** $62682.10

**Net Assets:** $304343848.52

**Cash Not Reported:** $2023455.71

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -216.70708723 | **1-Year:** -3994.30342905 | **5-Year:** -4287.09210644 | **10-Year:** -1961.20849538 | **30-Year:** -2264.75141012

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -43.54981444 | **1-Year:** -105.53759268 | **5-Year:** -1100.58318842 | **10-Year:** -944.02093054 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219547 | -0.57%               | -0.48%               | -2.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-313627.88              | $-2681494.26                               |
| Month 2  | $-799085.13              | $-1639135.10                               |
| Month 3  | $-27831.58               | $-8850356.17                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMPASS DIVERSIFIED HOLDINGS               | Compass Diversified Holdings PREFERRED STOCK     | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               |  | US        |     89594 | NS      | $1401250.16   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION                   | Allstate Corp/The PREFERRED STOCK                | CUSIP: 020002309<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               |  | US        |    249299 | NS      | $6469309.05   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: 060505179<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               |  | US        |    449767 | NS      | $11401593.45  | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORPORATION                            | SLM Corp PREFERRED STOCK                         | CUSIP: 78442P502<br>LEI: N/A                  | Long             | EP               |  | US        |     31107 | NS      | $2449676.25   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                    | KeyCorp PREFERRED STOCK                          | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               |  | US        |    249018 | NS      | $6053627.58   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q856<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |     72888 | NS      | $1793044.80   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    208637 | NS      | $4980165.19   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST, INC.                   | Arbor Realty Trust Inc PREFERRED STOCK           | CUSIP: 038923850<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               |  | US        |    141853 | NS      | $2896638.26   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL, INC.                        | MFA Financial Inc PREFERRED STOCK                | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               |  | US        |    168280 | NS      | $4072376.00   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: 060505625<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               |  | US        |    144828 | NS      | $2924077.32   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                               | US Bancorp PREFERRED STOCK                       | CUSIP: 902973155<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               |  | US        |    451694 | NS      | $9277794.76   | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOCIATED BANC-CORP                       | Associated Banc-Corp PREFERRED STOCK             | CUSIP: 045487600<br>LEI: 549300N3CIN473IW5094 | Long             | EP               |  | US        |    148789 | NS      | $3599205.91   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION              | Regions Financial Corp PREFERRED STOCK           | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               |  | US        |    248603 | NS      | $6336890.47   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J507<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    222943 | NS      | $5662752.20   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP.                    | Synovus Financial Corp PREFERRED STOCK           | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               |  | US        |    197527 | NS      | $5115949.30   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                        | Fifth Third Bancorp PREFERRED STOCK              | CUSIP: 316773605<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               |  | US        |    259189 | NS      | $6658565.41   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    388115 | NS      | $9058604.10   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDLAND STATES BANCORP, INC.               | Midland States Bancorp Inc PREFERRED STOCK       | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               |  | US        |     56661 | NS      | $1328133.84   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T300<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |     46727 | NS      | $1175651.32   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: 035710847<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               |  | US        |    143107 | NS      | $3653521.71   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.              | Goldman Sachs Group Inc/The PREFERRED STOCK      | CUSIP: 38143Y665<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               |  | US        |    370958 | NS      | $7786408.42   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: 060505583<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               |  | US        |    190564 | NS      | $3889411.24   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                    | KeyCorp PREFERRED STOCK                          | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               |  | US        |    298407 | NS      | $7400493.60   | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q500<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    159089 | NS      | $4042451.49   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T409<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    126086 | NS      | $3162236.88   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY                 | Tennessee Valley Authority PREFERRED STOCK       | CUSIP: 880591409<br>LEI: 549300HE1ISW43LNKM54 | Long             | EP               |  | US        |    107089 | NS      | $2487677.47   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                               | US Bancorp PREFERRED STOCK                       | CUSIP: 902973866<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               |  | US        |      5682 | NS      | $4716628.20   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS Inc.                                   | CHS Inc PREFERRED STOCK                          | CUSIP: 12542R506<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               |  | US        |    208919 | NS      | $5314899.36   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: 060505591<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               |  | US        |    104143 | NS      | $2289063.14   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORPORATION             | Chimera Investment Corp PREFERRED STOCK          | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               |  | US        |    170244 | NS      | $4170978.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL, INC.                       | Voya Financial Inc PREFERRED STOCK               | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               |  | US        |    168662 | NS      | $4068127.44   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC.             | Apollo Global Management Inc PREFERRED STOCK     | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               |  | US        |    298439 | NS      | $7687788.64   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                     | Jackson Financial Inc PREFERRED STOCK            | CUSIP: 46817M206<br>LEI: 213800WXW2KG1N4CO374 | Long             | EP               |  | US        |    334496 | NS      | $8690206.08   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NGL ENERGY PARTNERS LP                     | NGL Energy Partners LP PREFERRED STOCK           | CUSIP: 62913M206<br>LEI: 5299005YSRP46BE8Z459 | Long             | EP               |  | US        |    155954 | NS      | $3555751.20   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q609<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    114336 | NS      | $2798945.28   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    177878 | NS      | $4333108.08   | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| ENSTAR GROUP LIMITED                       | Enstar Group Ltd PREFERRED STOCK                 | CUSIP: 29359U109<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EP               |  | US        |    200180 | NS      | $4317882.60   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.              | Goldman Sachs Group Inc/The PREFERRED STOCK      | CUSIP: 38144G804<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EP               |  | US        |    668163 | NS      | $14071512.78  | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS Inc.                                   | CHS Inc PREFERRED STOCK                          | CUSIP: 12542R704<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               |  | US        |    245616 | NS      | $6140400.00   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA, INCORPORATED | Reinsurance Group of America Inc PREFERRED STOCK | CUSIP: 759351802<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               |  | US        |    199196 | NS      | $4916157.28   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: 035710870<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               |  | US        |    280924 | NS      | $7160752.76   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.          | Algonquin Power & Utilities Corp PREFERRED STOCK | CUSIP: 015857808<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EP               |  | CA        |    174943 | NS      | $4476791.37   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                             | Morgan Stanley PREFERRED STOCK                   | CUSIP: 61747S504<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               |  | US        |    549179 | NS      | $12169806.64  | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                        | Synchrony Financial PREFERRED STOCK              | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               |  | US        |    248699 | NS      | $6207527.04   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: 035710862<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               |  | US        |    149280 | NS      | $3687216.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANCORPORATION            | Western Alliance Bancorp PREFERRED STOCK         | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               |  | US        |    173030 | NS      | $3884523.50   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED         | Huntington Bancshares Inc/OH PREFERRED STOCK     | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               |  | US        |    161068 | NS      | $3988043.68   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                              | MetLife Inc PREFERRED STOCK                      | CUSIP: 59156R504<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               |  | US        |    330984 | NS      | $7980024.24   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA, INC.                   | Banc of California Inc PREFERRED STOCK           | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               |  | US        |    255530 | NS      | $6329478.10   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INVESTMENT CORP.               | Two Harbors Investment Corp PREFERRED STOCK      | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               |  | US        |    161918 | NS      | $3821264.80   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA, INCORPORATED | Reinsurance Group of America Inc PREFERRED STOCK | CUSIP: 759351885<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EP               |  | US        |    348523 | NS      | $8970982.02   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION              | Regions Financial Corp PREFERRED STOCK           | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               |  | US        |    248585 | NS      | $5637907.80   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORPORATION             | Chimera Investment Corp PREFERRED STOCK          | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               |  | US        |    207117 | NS      | $5140643.94   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY                 | Tennessee Valley Authority PREFERRED STOCK       | CUSIP: 880591300<br>LEI: 549300HE1ISW43LNKM54 | Long             | EP               |  | US        |    136975 | NS      | $3235349.50   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    259085 | NS      | $6399399.50   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR FINANCIAL, INC.                   | Flagstar Financial Inc PREFERRED STOCK           | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               |  | US        |    257780 | NS      | $5498447.40   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q807<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    196832 | NS      | $4962134.72   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-31

**Name of Applicant:** GLOBAL X FUNDS

**Signature:** Joe Costello

**Name of Signer:** Joe Costello

**Title:** CCO