N-CSRS 1 glx-430ncsrs.htm CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________

FORM N-CSRS
________

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES

Investment Company Act file number 811-22209

Global X Funds
 (Exact name of registrant as specified in charter)
________


605 Third Avenue, 43rd floor
New York, NY 10158
 (Address of principal executive offices) (Zip code)

Luis Berruga
Global X Management Company LLC
605 Third Avenue, 43rd floor
New York, NY 10158
 (Name and address of agent for service)

With a copy to:

 
Global X Management Company LLC
605 Third Avenue, 43rd floor
New York, NY 10158
Eric S. Purple, Esq.
Stradley Ronon Stevens & Young, LLP
2000 K Street, N.W., Suite 700
Washington, DC 20006-1871



Registrant’s telephone number, including area code: (212) 644-6440

Date of fiscal year end: October 31, 2021

Date of reporting period: April 30, 2021









Item 1.     Reports to Stockholders.

A copy of the report transmitted to stockholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the “Act”) (17 CFR § 270.30e-1), is attached hereto.










Global X Silver Miners ETF (ticker: SIL)
Global X Gold Explorers ETF (ticker: GOEX)
Global X Copper Miners ETF (ticker: COPX)
Global X Uranium ETF (ticker: URA)



Semi-Annual Report
April 30, 2021


As permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds’ (defined below) shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from your financial intermediary (such as a broker-dealer or bank). Instead, shareholder reports will be available on the Funds’ website (www. globalxetfs.com/explore), and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from the Funds electronically anytime by contacting your financial intermediary.
You may elect to receive all future Fund shareholder reports in paper free of charge. Please contact your financial intermediary to inform them that you wish to continue receiving paper copies of Fund shareholder reports and for details about whether your election to receive reports in paper will apply to all funds held with your financial intermediary.




Table of Contents
 

Schedule of Investments

Global X Silver Miners ETF
1
Global X Gold Explorers ETF
5
Global X Copper Miners ETF
10
Global X Uranium ETF
14
Statements of Assets and Liabilities
19
Statements of Operations
21
Statements of Changes in Net Assets
23
Financial Highlights
25
Notes to Financial Statements
29
Disclosure of Fund Expenses
44
Approval of Investment Advisory Agreement
46
Supplemental Information
51


Shares are bought and sold at market price (not NAV) and are not individually redeemed from a Fund. Shares may only be redeemed directly from a Fund by Authorized Participants, in very large creation/redemption units. Brokerage commissions will reduce returns.
The Funds file their complete schedules of Fund holdings with the Securities and Exchange Commission (the “SEC” or “Commission”) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The Funds’ Forms N-PORT are available on the Commission’s website at https://www.sec.gov, and may be reviewed and copied at the Commission’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330.
A description of the policies and procedures that Global X Funds uses to determine how to vote proxies relating to Fund securities, as well as information relating to how the Funds voted proxies relating to Fund securities during the most recent 12-month period ended June 30, is available (i) without charge, upon request, by calling 1-888-493-8631; and (ii) on the Commission’s website https://www.sec.gov.



Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Silver Miners ETF
 

† Sector weightings percentages are based on the total market value of investments. Repurchase agreements purchased from cash collateral received for securities lending activity are included in total investments. Please see Note 2 and 7 in Notes to Financial Statements for more detailed information.
   
Shares
   
Value
 
COMMON STOCK — 100.0%
           
AUSTRALIA— 0.4%
           
Materials — 0.4%
           
Kingsgate Consolidated * (A) 
   
404,128
   
$
263,783
 
Silver Mines * (A) 
   
21,860,806
     
4,052,738
 
TOTAL AUSTRALIA 
           
4,316,521
 
BOSNIA AND HERZEGOVINA— 0.7%
               
Materials — 0.7%
               
Adriatic Metals, Cl CDI * (A) 
   
4,344,661
     
7,853,131
 
BRAZIL— 23.1%
               
Materials — 23.1%
               
Wheaton Precious Metals 
   
6,566,917
     
271,345,010
 
CANADA— 37.1%
               
Industrials — 0.6%
               
Alexco Resource * (A) 
   
2,823,603
     
7,736,672
 
Materials — 36.5%
               
AbraSilver Resource * 
   
5,960,551
     
3,294,728
 
Aftermath Silver * (A) 
   
2,168,067
     
1,198,411
 
Almaden Minerals * (A) 
   
2,480,739
     
1,435,604
 
Americas Gold & Silver * (A) 
   
2,587,585
     
5,573,972
 
Aurcana Silver * (A) 
   
3,772,507
     
2,361,267
 



The accompanying notes are an integral part of the financial statements.
1


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Silver Miners ETF
 


   
Shares
   
Value
 
COMMON STOCK — continued
           
Materials — continued
           
Aya Gold & Silver * 
   
1,464,636
   
$
8,988,784
 
Bear Creek Mining * (A) 
   
1,668,149
     
2,698,436
 
Discovery Silver * (A) 
   
4,780,351
     
8,626,548
 
Endeavour Silver * 
   
3,305,238
     
17,451,657
 
Excellon Resources * (A) 
   
253,524
     
680,076
 
First Majestic Silver (A) 
   
3,537,518
     
53,542,989
 
Fortuna Silver Mines * (A) 
   
3,804,952
     
22,887,859
 
GoGold Resources * 
   
5,116,795
     
10,772,638
 
Great Panther Mining * 
   
7,307,322
     
5,647,098
 
IMPACT Silver * 
   
2,726,373
     
1,462,694
 
Kootenay Silver * (A) 
   
1,617,336
     
361,541
 
MAG Silver * (A) 
   
1,762,717
     
30,319,535
 
McEwen Mining * (A) 
   
7,797,302
     
9,356,762
 
New Pacific Metals * (A) 
   
1,697,283
     
8,664,394
 
Pan American Silver 
   
4,011,682
     
127,651,721
 
Prime Mining * (A) 
   
1,209,285
     
3,057,126
 
Silver One Resources * (A) 
   
3,547,831
     
2,018,763
 
Silvercorp Metals 
   
3,533,671
     
18,555,938
 
SilverCrest Metals * 
   
2,891,693
     
25,033,759
 
SSR Mining * 
   
3,613,276
     
57,306,557
 
Whitehorse Gold * (A) 
   
106,031
     
134,457
 
             
429,083,314
 
TOTAL CANADA 
           
436,819,986
 
MEXICO— 6.6%
               
Materials — 6.6%
               
Fresnillo 
   
3,869,596
     
44,125,374
 
Industrias Penoles * 
   
2,601,970
     
33,645,241
 
TOTAL MEXICO 
           
77,770,615
 



The accompanying notes are an integral part of the financial statements.
2


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Silver Miners ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
PERU— 6.3%
           
Materials — 6.3%
           
Cia de Minas Buenaventura ADR *
   
4,894,418
   
$
47,573,743
 
Hochschild Mining 
   
6,612,890
     
17,011,533
 
Volcan Cia Minera SAA * 
   
48,654,094
     
9,627,611
 
TOTAL PERU 
           
74,212,887
 
RUSSIA— 11.6%
               
Materials — 11.6%
               
Polymetal International 
   
6,567,938
     
135,994,673
 
SOUTH KOREA— 5.3%
               
Materials — 5.3%
               
Korea Zinc 
   
155,435
     
62,322,120
 
UNITED STATES— 8.9%
               
Materials — 8.9%
               
Coeur d’Alene Mines * 
   
4,586,658
     
37,060,197
 
Fortitude Gold 
   
219,360
     
1,107,768
 
Gatos Silver * 
   
513,477
     
5,894,716
 
Gold Resource 
   
1,525,962
     
4,104,838
 
Golden Minerals * 
   
2,489,491
     
1,817,328
 
Hecla Mining 
   
9,196,931
     
54,353,862
 
TOTAL UNITED STATES 
           
104,338,709
 
TOTAL COMMON STOCK
               
(Cost $1,039,549,644) 
           
1,174,973,652
 
                 
SHORT-TERM INVESTMENT(B)(C) — 2.2%
               
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%
               
(Cost $25,586,826)  
   
25,586,826
     
25,586,826
 
                 



The accompanying notes are an integral part of the financial statements.
3


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Silver Miners ETF
 

   
Face Amount
   
Value
 
REPURCHASE AGREEMENT(B) — 3.0%
           
BNP Paribas
           
0.000%, dated 04/30/21, to be repurchased on 05/03/21, repurchase price $35,699,734 (collateralized by U.S. Treasury Obligations, ranging in par value $872,219 - $5,124,250, 1.500%, 02/15/2030, with a total market value of $36,423,610)
           
(Cost $35,699,734)  
 
$
35,699,734
   
$
35,699,734
 
TOTAL INVESTMENTS — 105.2%
               
(Cost $1,100,836,204) 
         
$
1,236,260,212
 

Percentages are based on Net Assets of $1,175,384,926.

*
Non-income producing security.
(A)
This security or a partial position of this security is on loan at April 30, 2021.  The total value of securities on loan at April 30, 2021 was $57,048,067.
(B)
Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2021 was $61,286,560.
(C)
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2021.
ADR — American Depositary Receipt
Cl — Class
The following is a summary of the level of inputs used as of April 30, 2021, in valuing the Fund’s investments carried at value:
Investments in Securities
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Common Stock
 
$
1,174,973,652
   
$
   
$
   
$
1,174,973,652
 
Short-Term Investment
   
25,586,826
     
     
     
25,586,826
 
Repurchase Agreement
   
     
35,699,734
     
     
35,699,734
 
Total Investments in Securities
 
$
1,200,560,478
   
$
35,699,734
   
$
   
$
1,236,260,212
 

For the period ended April 30, 2021, there were no transfers in or out of Level 3.
Amounts designated as “—“ are $0 or have been rounded to $0.



The accompanying notes are an integral part of the financial statements.
4


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Gold Explorers ETF
 

Sector Weightings †:
† Sector weightings percentages are based on the total market value of investments. Repurchase agreements purchased from cash collateral received for securities lending activity are included in total investments. Please see Note 2 and 7 in Notes to Financial Statements for more detailed information.

   
Shares
   
Value
 
COMMON STOCK — 100.3%
           
AUSTRALIA— 19.6%
           
Materials — 19.6%
           
Aurelia Metals 
   
1,091,233
   
$
354,028
 
Bellevue Gold * 
   
689,778
     
500,851
 
De Grey Mining * 
   
819,138
     
923,807
 
Gold Road Resources 
   
769,729
     
761,060
 
OceanaGold * 
   
650,875
     
1,084,615
 
Perseus Mining * 
   
1,097,935
     
1,038,924
 
Ramelius Resources 
   
720,929
     
946,700
 
Regis Resources 
   
466,940
     
937,790
 
Resolute Mining * 
   
1,010,675
     
378,638
 
Silver Lake Resources * 
   
817,371
     
1,101,757
 
SolGold * 
   
977,586
     
395,225
 
St. Barbara 
   
648,848
     
924,721
 
West African Resources * 
   
678,447
     
508,345
 
Westgold Resources * 
   
362,116
     
604,189
 
TOTAL AUSTRALIA 
           
10,460,650
 
CANADA— 52.3%
               
Materials — 52.3%
               
Alamos Gold, Cl A 
   
255,863
     
2,048,651
 
B2Gold 
   
441,151
     
2,122,918
 
Dundee Precious Metals 
   
161,543
     
1,162,133
 
Endeavour Mining 
   
97,895
     
2,036,362
 



The accompanying notes are an integral part of the financial statements.
5


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Gold Explorers ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
Materials — continued
           
Equinox Gold * 
   
242,592
   
$
1,960,141
 
Great Bear Resources * 
   
43,785
     
521,064
 
i-80 Gold * 
   
89,582
     
179,136
 
K92 Mining * 
   
199,970
     
1,303,657
 
Kirkland Lake Gold 
   
59,619
     
2,213,298
 
Lundin Gold * 
   
67,495
     
653,992
 
McEwen Mining * (A) 
   
346,671
     
416,005
 
New Gold * 
   
547,543
     
899,071
 
Novagold Resources * 
   
223,683
     
2,010,910
 
Novo Resources * 
   
161,436
     
303,135
 
Orla Mining * 
   
123,826
     
445,902
 
Osisko Mining * 
   
276,243
     
720,810
 
Pretium Resources * 
   
173,654
     
1,822,365
 
Roxgold * 
   
334,472
     
554,644
 
Sabina Gold & Silver * 
   
288,397
     
412,599
 
Seabridge Gold * (A) 
   
56,507
     
957,229
 
Skeena Resources * 
   
170,821
     
497,105
 
SSR Mining 
   
138,309
     
2,193,471
 
Torex Gold Resources * 
   
79,282
     
958,963
 
Victoria Gold * (A) 
   
52,636
     
573,340
 
Wesdome Gold Mines * (A) 
   
128,940
     
949,599
 
TOTAL CANADA 
           
27,916,500
 
EGYPT— 2.9%
               
Materials — 2.9%
               
Centamin 
   
1,022,454
     
1,520,388
 
INDONESIA— 5.9%
               
Materials — 5.9%
               
Aneka Tambang 
   
7,815,360
     
1,347,196
 
Merdeka Copper Gold * 
   
10,011,585
     
1,815,878
 



The accompanying notes are an integral part of the financial statements.
6


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Gold Explorers ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
TOTAL INDONESIA 
       
$
3,163,074
 
PERU— 1.4%
             
Materials — 1.4%
             
Hochschild Mining 
   
293,514
     
755,059
 
RUSSIA— 1.6%
               
Materials — 1.6%
               
Petropavlovsk * 
   
2,296,872
     
816,654
 
TURKEY— 4.2%
               
Materials — 4.2%
               
Eldorado Gold * 
   
169,004
     
1,667,784
 
Koza Altin Isletmeleri * 
   
42,500
     
579,173
 
TOTAL TURKEY 
           
2,246,957
 
UNITED KINGDOM— 2.8%
               
Materials — 2.8%
               
Greatland Gold * 
   
3,475,947
     
1,058,772
 
Pan African Resources 
   
1,782,637
     
451,175
 
TOTAL UNITED KINGDOM 
           
1,509,947
 
UNITED STATES— 9.6%
               
Materials — 9.6%
               
Argonaut Gold * 
   
277,018
     
607,989
 
Coeur d’Alene Mines * 
   
203,337
     
1,642,963
 
Hecla Mining 
   
488,215
     
2,885,351
 
TOTAL UNITED STATES 
           
5,136,303
 
TOTAL COMMON STOCK
               
(Cost $50,085,432) 
           
53,525,532
 
                 




The accompanying notes are an integral part of the financial statements.
7



Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Gold Explorers ETF
 


   
Number Of Rights/Shares/ Face Amount
   
Value
 
RIGHT — 0.0%
           
Australia — 0.0%
           
Regis Resources *(B)(C)(D)  (Cost $–) 
   
174,027
   
$
 
                 
SHORT-TERM INVESTMENT(E)(F) — 1.5%
               
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%
               
(Cost $811,643)  
   
811,643
     
811,643
 
REPURCHASE AGREEMENT(E) — 2.1%
               
BNP Paribas
               
0.000%, dated 04/30/21, to be repurchased on 05/03/21, repurchase price $1,132,437 (collateralized by U.S. Treasury Obligations, ranging in par value $27,668 - $162,547 1.500%, 02/15/2030, with a total market value of $1,155,398)
               
(Cost $1,132,437) 
 
$
1,132,437
     
1,132,437
 
TOTAL INVESTMENTS — 103.9%
               
(Cost $52,029,512) 
         
$
55,469,612
 

Percentages are based on Net Assets of $53,403,750.
*
Non-income producing security.
(A)
This security or a partial position of this security is on loan at April 30, 2021.  The total value of securities on loan at April 30, 2021 was $1,803,097.
(B)
Security considered illiquid. The total value of such securities as of April 30, 2021 was $0 and represented 0.0% of Net Assets of the Fund.
(C)
Security is fair valued using methods determined in good faith by the Fair Value Committee of the Fund. The total value of such securities as of April 30, 2021 was $0 and represents 0.0% of Net Assets of the Fund.
(D)
Level 3 security in accordance with fair value hierarchy.
(E)
Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2021 was $1,944,080.
(F)
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2021.

Cl — Class


The accompanying notes are an integral part of the financial statements.
8


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Gold Explorers ETF
 


The following is a summary of the level of inputs used as of April 30, 2021, in valuing the Fund’s investments carried at value:
Investments in Securities
 
Level 1
   
Level 2
   
Level 3^
   
Total
 
Common Stock
 
$
53,525,532
   
$
   
$
   
$
53,525,532
 
Right
   
     
     
     
 
Short-Term Investment
   
811,643
     
     
     
811,643
 
Repurchase Agreement
   
     
1,132,437
     
     
1,132,437
 
Total Investments in Securities
 
$
54,337,175
   
$
1,132,437
   
$
   
$
55,469,612
 

^
A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to Net Assets. Management has concluded that Level 3 investments are not material in relation to Net Assets.

For the period ended April 30, 2021, there were no transfers in or out of Level 3.
Amounts designated as “—“ are $0 or have been rounded to $0.



The accompanying notes are an integral part of the financial statements.
9


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Copper Miners ETF
 

Sector Weightings †:
† Sector weightings percentages are based on the total market value of investments. Repurchase agreements purchased from cash collateral received for securities lending activity are included in total investments. Please see Note 2 and 7 in Notes to Financial Statements for more detailed information.

   
Shares
   
Value
 
COMMON STOCK — 99.5%
           
AUSTRALIA— 11.5%
           
Materials — 11.5%
           
Glencore * 
   
10,505,154
   
$
42,936,359
 
OZ Minerals 
   
2,245,254
     
41,520,324
 
Sandfire Resources 
   
2,860,285
     
14,847,375
 
SolGold * (A) 
   
15,934,344
     
6,442,041
 
TOTAL AUSTRALIA 
           
105,746,099
 
CANADA— 19.5%
               
Materials — 19.5%
               
Altius Minerals 
   
666,638
     
9,071,306
 
Capstone Mining * 
   
6,158,392
     
27,482,988
 
Copper Mountain Mining * 
   
3,371,597
     
11,236,830
 
ERO Copper * 
   
1,266,538
     
24,986,894
 
Ivanhoe Mines, Cl A * 
   
6,401,915
     
45,118,357
 
Northern Dynasty Minerals * (A)
   
8,084,847
     
4,770,060
 
Sierra Metals * 
   
1,781,375
     
6,341,695
 
Taseko Mines * 
   
4,669,886
     
9,293,073
 
Teck Resources, Cl B 
   
1,970,355
     
41,659,026
 
TOTAL CANADA 
           
179,960,229
 
CHILE— 9.3%
               
Materials — 9.3%
               
Antofagasta 
   
1,694,331
     
43,762,281
 
Lundin Mining 
   
3,452,767
     
41,679,068
 





The accompanying notes are an integral part of the financial statements.
10





Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Copper Miners ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
TOTAL CHILE 
       
$
85,441,349
 
CHINA— 17.7%
             
Materials — 17.7%
             
China Gold International Resources *
   
4,088,000
     
12,684,782
 
China Nonferrous Mining 
   
11,284,600
     
6,291,137
 
Jiangxi Copper, Cl H 
   
18,657,329
     
45,641,315
 
Jinchuan Group International Resources (A)
   
165,912,400
     
28,838,170
 
MMG * 
   
38,304,300
     
24,954,745
 
Zijin Mining Group, Cl H 
   
32,020,460
     
45,102,433
 
TOTAL CHINA 
           
163,512,582
 
CYPRUS— 0.4%
               
Materials — 0.4%
               
Atalaya Mining * 
   
886,986
     
4,003,509
 
INDIA— 5.3%
               
Materials — 5.3%
               
Vedanta ADR 
   
3,539,234
     
48,629,075
 
JAPAN— 0.6%
               
Materials — 0.6%
               
Nittetsu Mining 
   
92,900
     
5,923,910
 
MEXICO— 4.1%
               
Materials — 4.1%
               
Grupo Mexico, Cl B 
   
8,421,045
     
38,222,265
 
MONGOLIA— 3.3%
               
Materials — 3.3%
               
Turquoise Hill Resources * 
   
1,706,073
     
30,043,946
 
PERU— 7.9%
               
Materials — 7.9%
               
HudBay Minerals, Cl B 
   
4,484,257
     
33,462,428
 
Southern Copper 
   
575,334
     
39,933,933
 



The accompanying notes are an integral part of the financial statements.
11


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Copper Miners ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
TOTAL PERU 
       
$
73,396,361
 
POLAND— 4.6%
             
Materials — 4.6%
             
KGHM Polska Miedz * 
   
834,177
     
42,842,096
 
SWEDEN— 4.6%
               
Materials — 4.6%
               
Boliden * 
   
1,086,975
     
42,395,335
 
UNITED KINGDOM— 1.2%
               
Materials — 1.2%
               
Central Asia Metals 
   
2,958,315
     
11,386,642
 
UNITED STATES— 4.7%
               
Materials — 4.7%
               
Freeport-McMoRan Copper & Gold
   
1,149,579
     
43,350,624
 
ZAMBIA— 4.8%
               
Materials — 4.8%
               
First Quantum Minerals 
   
1,923,492
     
44,295,666
 
TOTAL COMMON STOCK
               
(Cost $763,856,870) 
           
919,149,688
 
                 
SHORT-TERM INVESTMENT(B)(C) — 0.2%
               
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%
               
(Cost $1,921,945)  
   
1,921,945
     
1,921,945
 
                 




The accompanying notes are an integral part of the financial statements.
12


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Copper Miners ETF
 

   
Face Amount
   
Value
 
REPURCHASE AGREEMENT(B) — 0.3%
           
BNP Paribas
           
0.000%, dated 04/30/21, to be repurchased on 05/03/21, repurchase price $2,681,572 (collateralized by U.S. Treasury Obligations, ranging in par value $65,516 - $384,906, 1.500%, 02/15/2030, with a total market value of $2,735,945) 
           
(Cost $2,681,572) 
 
$
2,681,572
   
$
2,681,572
 
TOTAL INVESTMENTS — 100.0%
               
(Cost $768,460,387) 
         
$
923,753,205
 

Percentages are based on Net Assets of $923,507,458.
*
Non-income producing security.
(A)
This security or a partial position of this security is on loan at April 30, 2021.  The total value of securities on loan at April 30, 2021 was $3,096,927.
(B)
Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2021 was $4,603,517.
(C)
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2021.

ADR — American Depositary Receipt
Cl — Class
The following is a summary of the level of inputs used as of April 30, 2021, in valuing the Fund’s investments carried at value:
Investments in Securities
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Common Stock
 
$
919,149,688
   
$
   
$
   
$
919,149,688
 
Short-Term Investment
   
1,921,945
     
     
     
1,921,945
 
Repurchase Agreement
   
     
2,681,572
     
     
2,681,572
 
Total Investments in Securities
 
$
921,071,633
   
$
2,681,572
   
$
   
$
923,753,205
 

For the period ended April 30, 2021, there were no transfers in or out of Level 3.
Amounts designated as “—“ are $0 or have been rounded to $0.



The accompanying notes are an integral part of the financial statements.
13


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Uranium ETF
 

Sector Weightings †:
† Sector weightings percentages are based on the total market value of investments. Repurchase agreements purchased from cash collateral received for securities lending activity are included in total investments. Please see Note 2 and 7 in Notes to Financial Statements for more detailed information.
   
Shares
   
Value
 
COMMON STOCK — 100.0%
           
AUSTRALIA— 10.6%
           
Energy — 4.7%
           
Bannerman Resources * (A) 
   
24,614,537
   
$
2,661,894
 
Boss Energy * (A) 
   
38,586,954
     
4,470,982
 
Deep Yellow * (A) 
   
5,718,949
     
2,915,622
 
Paladin Energy * (A) 
   
49,458,194
     
15,663,659
 
Peninsula Energy * (A) 
   
22,179,638
     
2,141,586
 
             
27,853,743
 
Financials — 1.9%
               
Macquarie Group (A) 
   
89,254
     
11,064,882
 
Materials — 4.0%
               
BHP Group 
   
325,411
     
9,842,167
 
Greenland Minerals * (A) 
   
30,537,014
     
1,887,068
 
Lotus Resources * (A) 
   
14,565,674
     
1,518,922
 
Rio Tinto 
   
118,840
     
9,997,395
 
             
23,245,552
 
TOTAL AUSTRALIA 
           
62,164,177
 
CANADA— 40.1%
               
Energy — 33.5%
               
Cameco 
   
7,769,115
     
130,474,651
 




The accompanying notes are an integral part of the financial statements.
14


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Uranium ETF
 


   
Shares
   
Value
 
COMMON STOCK — continued
           
Energy — continued
           
Denison Mines * (A) 
   
18,183,545
   
$
19,510,876
 
Fission Uranium * 
   
12,344,609
     
6,923,899
 
GoviEx Uranium, Cl A * 
   
10,279,167
     
2,506,706
 
IsoEnergy * (A) 
   
1,117,563
     
2,561,801
 
NexGen Energy * (A) 
   
8,311,133
     
31,347,470
 
Uex * (A) 
   
10,735,054
     
3,883,189
 
             
197,208,592
 
Financials — 2.7%
               
Uranium Participation * 
   
3,707,355
     
16,183,138
 
Industrials — 1.8%
               
Aecon Group 
   
686,370
     
10,411,042
 
Materials — 2.1%
               
Encore Energy * (A) 
   
4,054,668
     
4,251,765
 
Global Atomic * (A) 
   
3,490,712
     
8,172,046
 
             
12,423,811
 
TOTAL CANADA 
           
236,226,583
 
CHINA— 2.3%
               
Energy — 0.6%
               
CGN Mining 
   
39,564,700
     
3,514,892
 
Utilities — 1.7%
               
CGN Power, Cl H 
   
42,235,786
     
9,733,941
 
TOTAL CHINA 
           
13,248,833
 
JAPAN— 4.8%
               
Industrials — 4.8%
               
ITOCHU 
   
317,265
     
9,891,946
 
Mitsubishi Heavy Industries 
   
298,985
     
8,881,609
 
Sumitomo 
   
690,790
     
9,403,920
 
TOTAL JAPAN 
           
28,177,475
 



The accompanying notes are an integral part of the financial statements.
15



Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Uranium ETF
 

   
Shares
   
Value
 
COMMON STOCK — continued
           
KAZAKHSTAN— 23.1%
           
Energy — 23.1%
           
NAC Kazatomprom JSC GDR 
   
5,006,585
   
$
135,928,783
 
SOUTH AFRICA— 1.9%
               
Materials — 1.9%
               
Sibanye Stillwater 
   
2,412,301
     
11,260,453
 
SOUTH KOREA— 8.5%
               
Industrials — 8.5%
               
Daewoo Engineering & Construction *
   
1,738,573
     
11,550,371
 
Doosan Heavy Industries & Construction *
   
763,964
     
9,580,885
 
GS Engineering & Construction
   
245,395
     
9,739,910
 
Hyundai Engineering & Construction
   
234,487
     
10,624,484
 
Samsung C&T 
   
68,942
     
8,429,102
 
TOTAL SOUTH KOREA 
           
49,924,752
 
UNITED KINGDOM— 1.3%
               
Industrials — 1.3%
               
Yellow Cake * 
   
2,266,675
     
7,924,230
 
UNITED STATES— 7.4%
               
Energy — 7.4%
               
Centrus Energy, Cl A * 
   
240,793
     
5,511,752
 
Energy Fuels * (A) 
   
3,345,342
     
18,355,599
 
Uranium Energy * (A) 
   
5,064,994
     
14,688,483
 
Ur-Energy * 
   
4,286,200
     
4,929,130
 
TOTAL UNITED STATES 
           
43,484,964
 
TOTAL COMMON STOCK
               
(Cost $461,790,784) 
           
588,340,250
 
                 




The accompanying notes are an integral part of the financial statements.
16


Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Uranium ETF
 

   
Shares/ Face Amount
   
Value
 
SHORT-TERM INVESTMENT(B)(C) — 4.9%
           
Fidelity Investments Money Market Government Portfolio, Cl Institutional, 0.010%
           
(Cost $28,767,577)  
   
28,767,577
   
$
28,767,577
 
                 
REPURCHASE AGREEMENT(B) — 6.8%
               
BNP Paribas
               
0.000%, dated 04/30/21, to be repurchased on 05/03/21, repurchase price $40,247,060 (collateralized by U.S. Treasury Obligations, ranging in par value $983,320 - $5,776,961, 1.500%, 02/15/2030, with a total market
               
value of $41,063,137) 
               
(Cost $40,247,060) 
 
$
40,247,060
     
40,247,060
 
TOTAL INVESTMENTS — 111.7%
               
(Cost $530,805,421) 
         
$
657,354,887
 

Percentages are based on Net Assets of $588,579,839.
*
Non-income producing security.
(A)
This security or a partial position of this security is on loan at April 30, 2021.  The total value of securities on loan at April 30, 2021 was $65,293,430.
(B)
Security was purchased with cash collateral held from securities on loan. The total value of such securities as of April 30, 2021was $69,014,637.
(C)
The rate reported on the Schedule of Investments is the 7-day effective yield as of April 30, 2021.

Cl — Class
GDR — Global Depositary Receipt
JSC — Joint Stock Company


The accompanying notes are an integral part of the financial statements.
17



Schedule of Investments
 
April 30, 2021 (Unaudited)
 
Global X Uranium ETF
 


The following is a summary of the level of inputs used as of April 30, 2021, in valuing the Fund’s investments carried at value:
Investments in Securities
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Common Stock
 
$
588,340,250
   
$
   
$
   
$
588,340,250
 
Short-Term Investment
   
28,767,577
     
     
     
28,767,577
 
Repurchase Agreement
   
     
40,247,060
     
     
40,247,060
 
Total Investments in Securities
 
$
617,107,827
   
$
40,247,060
   
$
   
$
657,354,887
 

For the period ended April 30, 2021, there were no transfers in or out of Level 3.
Amounts designated as “—“ are $0 or have been rounded to $0.



The accompanying notes are an integral part of the financial statements.
18


 
Statements of Assets and Liabilities
 
 
April 30, 2021 (Unaudited)
 


   
Global X Silver Miners ETF
   
Global X Gold Explorers ETF
   
Global X Copper Miners ETF
 
Assets:
                 
Cost of Investments
 
$
1,065,136,470
   
$
50,897,075
   
$
765,778,815
 
Cost of Repurchase Agreement
   
35,699,734
     
1,132,437
     
2,681,572
 
Cost of Foreign Currency
   
     
3
     
49,571
 
Investments, at Value
 
$
1,200,560,478
*
 
$
54,337,175
*
 
$
921,071,633
*
Repurchase Agreement, at Value
   
35,699,734
     
1,132,437
     
2,681,572
 
Cash
   
176,846
     
10,822
     
 
Foreign Currency, at Value
   
2,639
     
3
     
50,569
 
Receivable for Investment Securities Sold
   
72,254,051
     
3,834,659
     
67,232,069
 
Receivable for Capital Shares Sold
   
6,349,876
     
     
14,216,153
 
Dividend and Interest Receivable
   
982,435
     
7,911
     
2,835,371
 
Reclaim Receivable
   
78,629
     
     
123,891
 
Unrealized Appreciation on Spot Contracts
   
38,363
     
     
 
Total Assets
   
1,316,143,051
     
59,323,007
     
1,008,211,258
 
Liabilities:
                       
Obligation to Return Securities Lending Collateral
   
61,286,560
     
1,944,080
     
4,603,517
 
Payable for Investment Securities Purchased
   
78,832,149
     
3,944,368
     
79,244,265
 
Payable due to Investment Adviser
   
639,416
     
29,835
     
417,497
 
Cash Overdraft
   
     
     
429,353
 
Unrealized Depreciation on Spot Contracts
   
     
974
     
9,168
 
Total Liabilities
   
140,758,125
     
5,919,257
     
84,703,800
 
Net Assets
 
$
1,175,384,926
   
$
53,403,750
   
$
923,507,458
 
Net Assets Consist of:
                       
Paid-in Capital
 
$
1,392,466,044
   
$
111,625,596
   
$
795,204,469
 
Total Distributable Earnings/(Loss)
   
(217,081,118
)
   
(58,221,846
)
   
128,302,989
 
Net Assets
 
$
1,175,384,926
   
$
53,403,750
   
$
923,507,458
 
Outstanding Shares of Beneficial Interest
                       
(unlimited authorization — no par value)
   
28,247,318
     
1,712,054
     
23,389,374
 
Net Asset Value, Offering and Redemption Price Per Share
 
$
41.61
   
$
31.19
   
$
39.48
 
*Includes Market Value of Securities on Loan
 
$
57,048,067
   
$
1,803,097
   
$
3,096,927
 



The accompanying notes are an integral part of the financial statements.
19


 
Statements of Assets and Liabilities
 
 
April 30, 2021 (Unaudited)
 


   
Global X Uranium ETF
 
Assets:
     
Cost of Investments
 
$
490,558,361
 
Cost of Repurchase Agreement
   
40,247,060
 
Cost of Foreign Currency
   
253
 
Investments, at Value
 
$
617,107,827
*
Repurchase Agreement, at Value
   
40,247,060
 
Cash
   
35,570
 
Dividend and Interest Receivable
   
505,925
 
Reclaim Receivable
   
22,314
 
Total Assets
   
657,918,696
 
Liabilities:
       
Obligation to Return Securities Lending Collateral
   
69,014,637
 
Payable due to Investment Adviser
   
324,220
 
Total Liabilities
   
69,338,857
 
Net Assets
 
$
588,579,839
 
Net Assets Consist of:
       
Paid-in Capital
 
$
934,323,205
 
Total Distributable Loss
   
(345,743,366
)
Net Assets
 
$
588,579,839
 
Outstanding Shares of Beneficial Interest
       
(unlimited authorization — no par value)
   
29,981,666
 
Net Asset Value, Offering and Redemption Price Per Share
 
$
19.63
 
*Includes Market Value of Securities on Loan
 
$
65,293,430
 



The accompanying notes are an integral part of the financial statements.
20


 
Statements of Operations
 
 
For the period ended April 30, 2021 (Unaudited)
 

   
Global X Silver Miners ETF
   
Global X Gold Explorers ETF
   
Global X Copper Miners ETF
 
Investment Income:
                 
Dividend Income
 
$
5,515,993
   
$
438,460
   
$
5,186,238
 
Interest Income
   
70
     
3
     
16
 
Security Lending Income
   
1,102,016
     
23,294
     
119,900
 
Less: Foreign Taxes Withheld
   
(784,480
)
   
(14,077
)
   
(194,080
)
Total Investment Income
   
5,833,599
     
447,680
     
5,112,074
 
Supervision and Administration Fees(1)
   
3,661,701
     
195,512
     
1,342,595
 
Custodian Fees(2)
   
1,450
     
116
     
658
 
Total Expenses
   
3,663,151
     
195,628
     
1,343,253
 
Net Investment Income
   
2,170,448
     
252,052
     
3,768,821
 
Net Realized Gain (Loss) on:
                       
Investments(3)
   
29,696,189
     
6,051,221
     
7,287,660
 
Foreign Currency Transactions
   
(200,418
)
   
(697
)
   
(51,651
)
Net Realized Gain on Investments and Foreign Currency Transactions
   
29,495,771
     
6,050,524
     
7,236,009
 
Net Change in Unrealized Appreciation (Depreciation) on:
                       
Investments
   
(55,767,959
)
   
(9,888,172
)
   
156,260,205
 
Foreign Currency Translations
   
(3,127
)
   
(463
)
   
(8,261
)
Net Change in Unrealized Appreciation (Depreciation) on Investments and Foreign Currency Translations
   
(55,771,086
)
   
(9,888,635
)
   
156,251,944
 
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currency Transactions and Translations
   
(26,275,315
)
   
(3,838,111
)
   
163,487,953
 
Net Increase (Decrease) in Net Assets Resulting from Operations
 
$
(24,104,867
)
 
$
(3,586,059
)
 
$
167,256,774
 


(1)
The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in Notes to Financial Statements.)  
(2)
See Note 2 in the Notes to Financial Statements.
(3)
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)



The accompanying notes are an integral part of the financial statements.
21


 
Statements of Operations
 
 
For the period ended April 30, 2021 (Unaudited)
 

   
Global X Uranium ETF
 
Investment Income:
     
Dividend Income
 
$
2,263,047
 
Interest Income
   
91
 
Security Lending Income
   
275,792
 
Less: Foreign Taxes Withheld
   
(252,984
)
Total Investment Income
   
2,285,946
 
Supervision and Administration Fees(1)
   
1,151,517
 
Custodian Fees(2)
   
1,254
 
Total Expenses
   
1,152,771
 
Net Investment Income
   
1,133,175
 
Net Realized Gain (Loss) on:
       
Investments(3)
   
7,425,105
 
Foreign Currency Transactions
   
(45,470
)
Net Realized Gain on Investments and Foreign Currency Transactions
   
7,379,635
 
Net Change in Unrealized Appreciation on:
       
Investments
   
137,540,626
 
Foreign Currency Translations
   
2,637
 
Net Change in Unrealized Appreciation on Investments and Foreign Currency Translations
   
137,543,263
 
Net Realized and Unrealized Gain on Investments and Foreign Currency Transactions and Translations
   
144,922,898
 
Net Increase in Net Assets Resulting from Operations
 
$
146,056,073
 

(1)
The Supervision and Administration fees reflect the supervisory and administrative fee, which includes fees paid by the Funds for the investment advisory services provided by the Adviser. (See Note 3 in Notes to Financial Statements.)  
(2)
See Note 2 in the Notes to Financial Statements.
(3)
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)



The accompanying notes are an integral part of the financial statements.
22


 
Statements of Changes in Net Assets
 
     

   
Global X Silver Miners ETF
   
Global X Gold Explorers ETF
 
   
Period Ended April 30, 2021
(Unaudited)
   
Year Ended October 31, 2020
   
Period Ended April 30, 2021
(Unaudited)
   
Year Ended October 31, 2020
 
Operations:
                       
Net Investment Income
 
$
2,170,448
   
$
6,098,363
   
$
252,052
   
$
96,283
 
Net Realized Gain on Investments  and Foreign Currency Transactions(1)
   
29,495,771
     
10,338,553
     
6,050,524
     
2,303,727
 
Net Change in Unrealized Appreciation (Depreciation) on Investments  and Foreign Currency Translations
   
(55,771,086
)
   
166,137,947
     
(9,888,635
)
   
8,446,046
 
Net Increase (Decrease) in Net Assets Resulting from Operations
   
(24,104,867
)
   
182,574,863
     
(3,586,059
)
   
10,846,056
 
Distributions
   
(18,366,204
)
   
(9,504,825
)
   
(1,622,725
)
   
(723,922
)
Capital Share Transactions:
                               
Issued
   
326,080,795
     
386,427,431
     
10,869,911
     
17,458,011
 
Redeemed
   
(93,217,482
)
   
(100,095,418
)
   
(12,927,214
)
   
(10,379,938
)
Increase (Decrease) in Net Assets from Capital Share Transactions
   
232,863,313
     
286,332,013
     
(2,057,303
)
   
7,078,073
 
Total Increase (Decrease) in Net Assets
   
190,392,242
     
459,402,051
     
(7,266,087
)
   
17,200,207
 
Net Assets:
                               
Beginning of Year/Period
   
984,992,684
     
525,590,633
     
60,669,837
     
43,469,630
 
End of Year/Period
 
$
1,175,384,926
   
$
984,992,684
   
$
53,403,750
   
$
60,669,837
 
Share Transactions:
                               
Issued
   
7,150,000
     
9,350,000
     
300,000
     
500,000
 
Redeemed
   
(2,200,000
)
   
(3,350,000
)
   
(400,000
)
   
(400,000
)
Net Increase (Decrease) in Shares Outstanding from Share Transactions
   
4,950,000
     
6,000,000
     
(100,000
)
   
100,000
 

(1)
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)



The accompanying notes are an integral part of the financial statements.
23


 
Statements of Changes in Net Assets
 
     

   
Global X Copper Miners ETF
   
Global X Uranium ETF
 
   
Period Ended April 30, 2021
(Unaudited)
   
Year Ended October 31, 2020
   
Period Ended April 30, 2021
(Unaudited)
   
Year Ended October 31, 2020
 
Operations:
                       
Net Investment Income
 
$
3,768,821
   
$
907,968
   
$
1,133,175
   
$
3,207,129
 
Net Realized Gain (Loss) on Investments  and Foreign Currency Transactions(1)
   
7,236,009
     
(9,092,998
)
   
7,379,635
     
(27,397,226
)
Net Change in Unrealized Appreciation (Depreciation) on Investments and Foreign Currency Translations
   
156,251,944
     
17,170,873
     
137,543,263
     
21,090,129
 
Net Increase (Decrease) in Net Assets Resulting from Operations
   
167,256,774
     
8,985,843
     
146,056,073
     
(3,099,968
)
Distributions
   
(2,322,489
)
   
(482,851
)
   
(1,633,669
)
   
(3,325,778
)
Capital Share Transactions:
                               
Issued
   
660,125,178
     
67,888,920
     
323,838,489
     
17,249,082
 
Redeemed
   
(5,439,734
)
   
(20,525,235
)
   
(21,290,019
)
   
(56,830,079
)
Increase (Decrease) in Net Assets from Capital Share Transactions
   
654,685,444
     
47,363,685
     
302,548,470
     
(39,580,997
)
Total Increase (Decrease) in Net Assets
   
819,619,729
     
55,866,677
     
446,970,874
     
(46,006,743
)
Net Assets:
                               
Beginning of Year/Period
   
103,887,729
     
48,021,052
     
141,608,965
     
187,615,708
 
End of Year/Period
 
$
923,507,458
   
$
103,887,729
   
$
588,579,839
   
$
141,608,965
 
Share Transactions:
                               
Issued
   
18,690,000
     
3,550,000
     
18,150,000
     
1,450,000
 
Redeemed
   
(150,000
)
   
(1,450,000
)
   
(1,200,000
)
   
(5,600,000
)
Net Increase (Decrease) in Shares Outstanding from Share Transactions
   
18,540,000
     
2,100,000
     
16,950,000
     
(4,150,000
)

(1)
Includes realized gains (losses) as a result of in-kind redemptions. (See Note 4 in Notes to Financial Statements.)




The accompanying notes are an integral part of the financial statements.
24


 
Financial Highlights
 
     

Selected Per Share Data & Ratios
For a Share Outstanding Throughout the Period
   
Net
Asset Value, Beginning
of Period
($)
   
Net Investment Income (Loss)
($)*
   
Net Realized and Unrealized Gain (Loss) on Investments
($)
   
Total from Operations
($)
   
Distribution from Net Investment Income ($)
   
Return of Capital ($)
 
Global X Silver Miners ETF
                                   
2021 (Unaudited)
   
42.28
     
0.08
     
(0.02
)
   
0.06
     
(0.73
)
   
 
2020
   
30.39
     
0.33
     
12.11
     
12.44
     
(0.55
)
   
 
2019
   
23.20
     
0.21
     
7.38
     
7.59
     
(0.40
)
   
 
2018
   
31.96
     
0.32
     
(9.07
)
   
(8.75
)
   
(0.01
)
   
 
2017
   
40.61
     
0.20
     
(7.78
)
   
(7.58
)
   
(1.06
)
   
(0.01
)
2016
   
20.83
     
0.05
     
19.80
     
19.85
     
(0.07
)
   
 
Global X Gold Explorers ETF
                                               
2021 (Unaudited)
   
33.48
     
0.14
     
(1.53
)
   
(1.39
)
   
(0.90
)
   
 
2020
   
25.39
     
0.06
     
8.47
     
8.53
     
(0.44
)
   
 
2019
   
18.49
     
0.04
     
6.87
     
6.91
     
(0.01
)
   
 
2018
   
21.46
     
0.06
     
(3.03
)
   
(2.97
)
   
     
 
2017
   
34.95
     
0.07
     
(5.51
)
   
(5.44
)
   
(8.05
)
   
 
2016
   
19.89
     
(0.06
)
   
17.04
     
16.98
     
(1.92
)
   
 




The accompanying notes are an integral part of the financial statements.
25



 
Financial Highlights
 
     

Total from Distributions ($)
   
Net
Asset Value,
End of
Period ($)
   
Total Return (%)**
   
Net Assets End of Period ($)(000)
   
Ratio of Expenses to Average Net Assets (%)
   
Ratio of Net Investment Income (Loss) to Average Net Assets (%)
   
Portfolio Turnover (%)††
 
                                       
 
(0.73
)
   
41.61
     
(0.02
)
   
1,175,385
     
0.65
   
0.38
   
10.25
 
 
(0.55
)
   
42.28
     
41.40
     
984,993
     
0.65
     
0.90
     
19.95
 
 
(0.40
)
   
30.39
     
33.08
     
525,591
     
0.66
     
0.80
     
42.16
 
 
(0.01
)
   
23.20
     
(27.40
)
   
301,515
     
0.65
     
1.10
     
25.71
 
 
(1.07
)
   
31.96
     
(18.61
)
   
378,656
     
0.65
     
0.56
     
24.46
 
 
(0.07
)
   
40.61
     
95.69
     
379,617
     
0.65
     
0.17
     
27.45
 
                                                     
 
(0.90
)
   
31.19
     
(4.47
)
   
53,404
     
0.65
   
0.84
   
12.11
 
 
(0.44
)
   
33.48
     
34.03
     
60,670
     
0.65
     
0.20
     
18.81
 
 
(0.01
)
   
25.39
     
37.40
     
43,470
     
0.65
     
0.19
     
16.35
 
 
     
18.49
     
(13.84
)
   
32,582
     
0.65
     
0.26
     
20.31