MLDR ETF — Global X Intermediate-Term Treasury Ladder ETF

Global X Intermediate-Term Treasury Ladder ETF (MLDR)

Updated October 16, 2026.

MLDR is a low-cost ETF. its distribution rate is 4.08%, its trailing-12-month yield is 3.99%, its expense ratio is 0.12%. Dividend Vision Distribution Safety Score™ is 91/100 (Safe). Total return is 1.0% over the past 2.1 years, 41.7 points behind SPY at 42.7%.

Global X Intermediate-Term Treasury Ladder ETF is an ETF that holds a portfolio of intermediate-term U.S. Treasury securities arranged in a ladder structure to provide regular income and reduced reinvestment risk. The fund currently distributes monthly with a current distribution rate in the low single digits, and charges a very low expense ratio of 0.12%. This ETF may appeal to income-focused investors seeking steady cash flow from Treasury securities with moderate interest rate risk.

MLDR performance versus SPY

Price and return data through 2026-10-16.

Total return is 1.0% over the past 2.1 years, 41.7 points behind SPY at 42.7%. Over the past year its total return — price change plus distributions reinvested — is -2.4%. Its deepest 1-year drawdown was 5.2%.

MLDR key facts

Distribution Safety Score™

91 · Safe

Safety-Adjusted Yield

3.71%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Expense ratio

0.12%

Distribution rate

4.08%

Distribution frequency

Monthly

Trailing yield

3.99%

Last close

$47.06 (as of 2026-10-16)

AUM

$8,400,549

Average volume

77.0

Dividend

$0.16

Ex-dividend date

10/01/2026

Payment date

10/06/2026

How Dividend Vision calculates yield and returns

Distribution rate (4.08%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.99%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MLDR risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.2%.

Who may consider MLDR — and who may not

MLDR may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MLDR

• All tickers starting with M

Tagged: Treasury.

Frequently asked questions

More securities from Global X.