ALTY

Global X Funds Global X Alternative Income ETF

$11.95

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Global X Alternative Income ETF (ALTY) seeks to provide investment exposure to a diversified portfolio of alternative income-generating asset classes, with the goal of generating high current income.

Overview

ETF tracking Global X Funds Global X Alternative Income ETF

Category International

Issuer Other

Inception Date 2015-07-14

Market Cap $37.3M

Average Volume N/A

Dividend Yield 6.22%

52-Week Range $10.70 - $12.13

VWAP $11.93

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

ALTY invests in a range of alternative income-generating assets, which may include real estate investment trusts (REITs), master limited partnerships (MLPs), business development companies (BDCs), and other income-producing securities. The fund aims to provide a high level of current income while also potentially providing some capital appreciation over the long term.

✨ Key Features

Diversified exposure to alternative income-generating asset classes
Potential for high current income generation
May provide some capital appreciation in addition to income
Actively managed fund with flexibility to adjust portfolio allocations

⚠️ Primary Risks

Exposure to alternative asset classes, which may be more volatile and less liquid than traditional investments
Potential for higher fees and expenses compared to traditional index funds
Reliance on the fund manager's ability to effectively allocate and manage the portfolio
Risks associated with the underlying asset classes, such as real estate, MLPs, and BDCs

👤 Best For

ALTY may be suitable for investors seeking a high level of current income and who are comfortable with the additional risks and volatility associated with alternative asset classes. This fund may be most appropriate for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.