# EDGAR Filing Document

**Accession Number:** 0001432353
**File Stem:** 0002048251-26-000836
**Filing Date:** 2026-1
**Character Count:** 23120
**Document Hash:** ebb74266c6d4e3a37566042c9966c1d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002048251-26-000836.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0002048251-26-000836

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**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:** 26577321

**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:** 2025-11-30

**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:** $313308829.14

**Total Liabilities:** $5921122.12

**Net Assets:** $307387707.02

**Cash Not Reported:** $468229.16

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -164.16480941 | **1-Year:** -3841.26327002 | **5-Year:** -2378.58456909 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** -51.44576884 | **1-Year:** -122.71266148 | **5-Year:** -1444.52956618 | **10-Year:** -892.78705052 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219547 | -0.63%               | -0.27%               | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $356506.70               | $-3042128.46                               |
| Month 2  | $-553028.99              | $-1929817.65                               |
| Month 3  | $24577.44                | $-401123.84                                |

### 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        |    117186 | NS      | $2148019.38   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOCIATED BANC-CORP                       | Associated Banc-Corp PREFERRED STOCK             | CUSIP: N/A<br>LEI: 549300N3CIN473IW5094       | Long             | EP               |  | US        |    173826 | NS      | $4303931.76   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORPORATION                            | SLM Corp PREFERRED STOCK                         | CUSIP: 78442P502<br>LEI: N/A                  | Long             | EP               |  | US        |     34722 | NS      | $2582969.58   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                    | KeyCorp PREFERRED STOCK                          | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               |  | US        |    253898 | NS      | $6349988.98   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    227978 | NS      | $5564942.98   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL, INC.                        | MFA Financial Inc PREFERRED STOCK                | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               |  | US        |    157501 | NS      | $3731198.69   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                               | US Bancorp PREFERRED STOCK                       | CUSIP: 902973155<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               |  | US        |    459947 | NS      | $8449226.39   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAMAS TRUST, INC.                         | Adamas Trust Inc PREFERRED STOCK                 | CUSIP: 649604873<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               |  | US        |    105810 | NS      | $2628320.40   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION              | Regions Financial Corp PREFERRED STOCK           | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               |  | US        |    276065 | NS      | $7070024.65   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J507<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    142124 | NS      | $3646901.84   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP.                    | Synovus Financial Corp PREFERRED STOCK           | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               |  | US        |    203125 | NS      | $5362500.00   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                        | Fifth Third Bancorp PREFERRED STOCK              | CUSIP: 316773605<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               |  | US        |    257868 | NS      | $6619471.56   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J861<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    243448 | NS      | $6020469.04   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ALGONQUIN POWER & UTILITIES CORP.          | Algonquin Power & Utilities Corp PREFERRED STOCK | CUSIP: N/A<br>LEI: 549300K5VIUTJXQL7X75       | Long             | EP               |  | CA        |    199840 | NS      | $5135888.00   | 1.67%             |  |  |  | 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        |    243194 | NS      | $4730123.30   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q872<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    243723 | NS      | $6049204.86   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                    | KeyCorp PREFERRED STOCK                          | CUSIP: 493267843<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               |  | US        |    302333 | NS      | $7642978.24   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q500<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    137445 | NS      | $3478732.95   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T409<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    140072 | NS      | $3515807.20   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP                    | Valley National Bancorp PREFERRED STOCK          | CUSIP: 919794404<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               |  | US        |     85315 | NS      | $2222455.75   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| TWO HARBORS INVESTMENT CORP.               | Two Harbors Investment Corp PREFERRED STOCK      | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               |  | US        |     69712 | NS      | $1641020.48   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| U.S. BANCORP                               | US Bancorp PREFERRED STOCK                       | CUSIP: 902973866<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EP               |  | US        |      6612 | NS      | $5199478.44   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS Inc.                                   | CHS Inc PREFERRED STOCK                          | CUSIP: 12542R506<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               |  | US        |    242602 | NS      | $6091736.22   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EP               |  | US        |    301456 | NS      | $7798666.72   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINANCIAL CORPORATION                  | UMB Financial Corp PREFERRED STOCK               | CUSIP: 902788405<br>LEI: 549300MGEH3N3CUCV828 | Long             | EP               |  | US        |    169286 | NS      | $4525014.78   | 1.47%             |  |  |  | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORPORATION             | Chimera Investment Corp PREFERRED STOCK          | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               |  | US        |    114485 | NS      | $2801447.95   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                       | M&T Bank Corp PREFERRED STOCK                    | CUSIP: 55261F872<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               |  | US        |    143322 | NS      | $3593082.54   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINANCIAL, INC.                       | Voya Financial Inc PREFERRED STOCK               | CUSIP: 929089209<br>LEI: 549300T065Z4KJ686G75 | Long             | EP               |  | US        |    173581 | NS      | $4223225.73   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC.             | Apollo Global Management Inc PREFERRED STOCK     | CUSIP: 03769M205<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               |  | US        |    345025 | NS      | $9129361.50   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: N/A<br>LEI: 2DTL0G3FPRYUT58TI025       | Long             | EP               |  | US        |    146628 | NS      | $3702357.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                     | Jackson Financial Inc PREFERRED STOCK            | CUSIP: 46817M206<br>LEI: 213800WXW2KG1N4CO374 | Long             | EP               |  | US        |    313234 | NS      | $8200466.12   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NGL ENERGY PARTNERS LP                     | NGL Energy Partners LP PREFERRED STOCK           | CUSIP: 62913M206<br>LEI: 5299005YSRP46BE8Z459 | Long             | EP               |  | US        |    181855 | NS      | $4237221.50   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EP               |  | US        |    118389 | NS      | $2270701.02   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP.                        | Rithm Capital Corp PREFERRED STOCK               | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               |  | US        |    196210 | NS      | $4807145.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINANCIAL CORPORATION             | Wintrust Financial Corp PREFERRED STOCK          | CUSIP: 97650W702<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EP               |  | US        |    240921 | NS      | $6326585.46   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ADAMAS TRUST, INC.                         | Adamas Trust Inc PREFERRED STOCK                 | CUSIP: 649604881<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               |  | US        |     84134 | NS      | $1871140.16   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| THE ALLSTATE CORPORATION                   | Allstate Corp/The PREFERRED STOCK                | CUSIP: N/A<br>LEI: OBT0W1ED8G0NWVOLOJ77       | Long             | EP               |  | US        |    287848 | NS      | $7512832.80   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: N/A<br>LEI: 2DTL0G3FPRYUT58TI025       | Long             | EP               |  | US        |    152409 | NS      | $3904718.58   | 1.27%             |  |  |  | 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        |    435127 | NS      | $8397951.10   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| CHS Inc.                                   | CHS Inc PREFERRED STOCK                          | CUSIP: 12542R704<br>LEI: XEIEFTLYDQ1MZ6TZV015 | Long             | EP               |  | US        |    283727 | NS      | $7070476.84   | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                             | Morgan Stanley PREFERRED STOCK                   | CUSIP: 61747S504<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               |  | US        |    651607 | NS      | $12836657.90  | 4.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                        | Synchrony Financial PREFERRED STOCK              | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               |  | US        |    288651 | NS      | $7536677.61   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EP               |  | US        |     90618 | NS      | $1799673.48   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation               | Truist Financial Corp PREFERRED STOCK            | CUSIP: 89832Q810<br>LEI: 549300DRQQI75D2JP341 | Long             | EP               |  | US        |     97269 | NS      | $1990123.74   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED         | Huntington Bancshares Inc/OH PREFERRED STOCK     | CUSIP: 446150773<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EP               |  | US        |    186368 | NS      | $4808294.40   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                              | MetLife Inc PREFERRED STOCK                      | CUSIP: 59156R504<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               |  | US        |    343223 | NS      | $7636711.75   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation    | Bank of New York Mellon Corp/The PREFERRED STOCK | CUSIP: N/A<br>LEI: WFLLPEPC7FZXENRZV188       | Long             | EP               |  | US        |    284783 | NS      | $7330314.42   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA, INC.                   | Banc of California Inc PREFERRED STOCK           | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               |  | US        |    295396 | NS      | $7373084.16   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INVESTMENT CORP.               | Two Harbors Investment Corp PREFERRED STOCK      | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               |  | US        |    138250 | NS      | $3304175.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.            | Annaly Capital Management Inc PREFERRED STOCK    | CUSIP: N/A<br>LEI: 2DTL0G3FPRYUT58TI025       | Long             | EP               |  | US        |    248487 | NS      | $6366236.94   | 2.07%             |  |  |  | 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        |    403447 | NS      | $10340346.61  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORPORATION             | Chimera Investment Corp PREFERRED STOCK          | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               |  | US        |    147277 | NS      | $3284277.10   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION              | Regions Financial Corp PREFERRED STOCK           | CUSIP: 7591EP704<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               |  | US        |    277881 | NS      | $6591337.32   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORPORATION             | Chimera Investment Corp PREFERRED STOCK          | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               |  | US        |    186966 | NS      | $4558231.08   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TENNESSEE VALLEY AUTHORITY                 | Tennessee Valley Authority PREFERRED STOCK       | CUSIP: 880591300<br>LEI: 549300HE1ISW43LNKM54 | Long             | EP               |  | US        |    146055 | NS      | $3522846.60   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ATHENE HOLDING LTD.                        | Athene Holding Ltd PREFERRED STOCK               | CUSIP: 04686J838<br>LEI: 549300H316CT32FQXI76 | Long             | EP               |  | US        |    163222 | NS      | $4116458.84   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR FINANCIAL, INC.                   | Flagstar Bank NA PREFERRED STOCK                 | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               |  | US        |    294980 | NS      | $6583953.60   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                | Bank of America Corp PREFERRED STOCK             | CUSIP: N/A<br>LEI: 9DJT3UXIJIZJI4WXO774       | Long             | EP               |  | US        |     88474 | NS      | $1700470.28   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP.                      | AGNC Investment Corp PREFERRED STOCK             | CUSIP: 00123Q807<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               |  | US        |    170623 | NS      | $4294580.91   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-30

**Name of Applicant:** GLOBAL X FUNDS

**Signature:** Joe Costello

**Name of Signer:** Joe Costello

**Title:** CCO