# Global X Infrastructure Development ex-U.S. ETF (IPAV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ipav for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Global X · Asset class: Equity - Strategy: Thematic · Inception: 2024-08-27 This fund is mandated to invest a minimum of 80% of its total assets, which includes borrowed capital, in the securities that comprise its benchmark index. These investments largely consist of common shares, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), all of which are linked to the index's components. The underlying index is structured to offer investors targeted access to equity securities in global markets, specifically excluding the United States. This includes companies that are both listed and headquartered in developed and emerging economies, all with a... ## Key Facts | Metric | Value | |---|---| | Price | $29.05 | | Expense Ratio | 0.55% | | Assets Under Management | $5.8M | | NAV | $28.99 | | Holdings Count | 100 | | Distribution Yield (TTM) | 1.64% | | Annual Distribution (TTM) | $0.48 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $27.96 – $35.40 | | Beta | 0.80 | ## Latest Distribution - Amount: $0.2270 /share - Ex-date: 2026-06-29 - Pay date: 2026-07-07 ## Frequently Asked Questions ### What does IPAV invest in? This fund is mandated to invest a minimum of 80% of its total assets, which includes borrowed capital, in the securities that comprise its benchmark index. These investments largely consist of common shares, American Depositary Receipts (ADRs), and Global Depositary Receipts (GDRs), all of which are linked to the index's components. The underlying index is structured to offer investors targeted access to equity securities in global markets, specifically excluding the United States. This includes companies that are both listed and headquartered in developed and emerging economies, all with a focus on infrastructure development. It's important to note that this fund is categorized as non-diversified. ### What is the expense ratio of IPAV? Global X Infrastructure Development ex-U.S. ETF (IPAV) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is IPAV? Global X Infrastructure Development ex-U.S. ETF (IPAV) manages $5.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is IPAV actively managed or an index fund? IPAV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was IPAV launched? Global X Infrastructure Development ex-U.S. ETF (IPAV) launched in August 2024 and is managed by Global X. ### How has IPAV performed? IPAV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does IPAV pay a dividend? Global X Infrastructure Development ex-U.S. ETF (IPAV) currently distributes little or no income. Trailing-twelve-month yield is 1.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does IPAV pay dividends? Global X Infrastructure Development ex-U.S. ETF pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is IPAV's dividend yield? IPAV's trailing-twelve-month yield is 1.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is IPAV's next ex-dividend date? The most recently announced ex-dividend date for IPAV was 2026-06-29. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will IPAV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IPAV charge its expense ratio? The expense ratio is deducted in tiny daily slices from IPAV's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IPAV cost more than a fund like VOO? IPAV's strategy (current expense ratio 0.55%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where IPAV sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to IPAV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IPAV (0.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ipav - Distribution history: https://www.dividenddata.com/funds/ipav/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ipav/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ipav/expenses - Peer comparison: https://www.dividenddata.com/funds/ipav/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.