Key stats
About GLOBAL X FDS ALTERNATIVE INCOME ETF
Expense ratio
0.50%
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Inception date
Jul 14, 2015
ALTY takes a broad, multi-asset approach in its quest for income. The portfolio breaks down into five buckets: infrastructure (MLPs, infrastructure-themed equities), and ETFs with exposure to real estate (via SRET), preferreds (via PFFD), emerging market bonds (via EMBD) and covered calls (via QYLD). The infrastructure bucket has 16 companies, 8 representing MLPs and 8 for US infrastructure. They are selected for high trailing dividend yield and low trailing volatility. The index caps each asset class at 20%, and then within each asset class the constituents are equally weighted. The index is reconstituted annually, but may rebalance quarterly if the weight of any buckets deviates more than 3% from its target. Prior to Sep 28, 2021, ALTY was known as the Global X SuperDividend Alternatives ETF, its previous strategy focused dividends in the selection process and weighted for equal risk contribution based on trailing volatility.
Classification
What's in the fund
Exposure type
ETF
Stocks20.91%
Industrial Services9.56%
Utilities6.30%
Miscellaneous2.57%
Energy Minerals1.25%
Distribution Services1.23%
Bonds, Cash & Other79.09%
ETF79.12%
Cash−0.03%
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