Bringing you live news and features since 2006 

Global X YieldCo Index ETF lists on Nasdaq

RELATED TOPICS​

Global X Funds has listed a new exchange-traded fund (ETF), the Global X YieldCo Index ETF (YLCO), on The Nasdaq Stock Market.

"YieldCos are an emerging asset class that meets many of the key investment characteristics investors are looking for, such as high current income, low volatility and the opportunity for dividend growth," says Jay Jacobs, Research Analyst at Global X Funds. "We are excited to bring this asset class to investors who have traditionally looked to MLPs and REITs for alternative income exposure."

YLCO seeks to provide investors with access to YieldCos, an emerging asset class of yield vehicles that are structured to deliver stable and growing dividend income derived from a portfolio of renewable energy assets. YieldCos looks for opportunities to add new operating assets to their portfolios, which can help grow cash flows and distributions to shareholders over time.

"We are pleased to launch YLCO with our partners at Global X and we appreciate their confidence in choosing the Nasdaq marketplace to list and trade ETFs," says Jeff McCarthy, Vice President, Head of ETP Listings at Nasdaq. "Global X will benefit from increased product exposure and access to one of the single largest pools of liquidity."

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by