Key stats
About Global X Funds Global X U.S. Infrastructure Development ETF
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Inception date
Mar 6, 2017
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
PAVE`s definition of infrastructure includes many players in the construction supply chain, such as producers of raw materials, construction equipment producers, industrial transportation, and engineering services. Unlike most other infrastructure-themed funds, PAVE focuses on domestic infrastructure, as companies must be listed in and derive more than 50% of their revenue from the US. The Index may include large-, mid-, and small-cap companies weighted by market capitalization. MLPs, REITs and BDCs are excluded. For diversification purposes, PAVE undergoes annual reconstitution and rebalance with a single security cap of 3% and a single security floor of 0.3%.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Producer Manufacturing
Non-Energy Minerals
Electronic Technology
Stocks99.87%
Producer Manufacturing28.60%
Non-Energy Minerals20.03%
Electronic Technology13.14%
Industrial Services9.63%
Transportation9.48%
Distribution Services5.22%
Finance3.59%
Utilities3.39%
Process Industries3.01%
Technology Services2.56%
Retail Trade1.22%
Bonds, Cash & Other0.13%
Cash0.07%
Futures0.06%
Stock breakdown by region
North America93.33%
Europe6.67%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history