Global X TargetIncome Plus 2 ETF

Frequently Asked Questions About TFLT

What does TFLT invest in?

The investment seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Wilshire TargetIncomeTM 10-Year Treasury +2% Plus Index. The fund is a fund of funds and invests at least 80% of its total assets in the securities of the underlying index. The underlying index seeks to provide broad exposure to income-producing asset classes using a portfolio of exchange-traded funds, with the goal, but not the guarantee, of providing exposure that may be sufficient to support an annualized yield of the U.S. 10-Year Treasury yield plus two percent for the fund, net of fees. The fund is non-diversified.

What is the expense ratio of TFLT?

Global X TargetIncome Plus 2 ETF (TFLT) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TFLT?

Global X TargetIncome Plus 2 ETF (TFLT) manages $6.0M 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 TFLT actively managed or an index fund?

TFLT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TFLT launched?

Global X TargetIncome Plus 2 ETF (TFLT) launched in July 2018 and is managed by Global X.

How has TFLT performed?

TFLT'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.