MLDR ETF — Global X Intermediate-Term Treasury Ladder ETF

Global X Intermediate-Term Treasury Ladder ETF (MLDR)

MLDR is a low-cost ETF. As of August 19, 2026, its distribution rate is 3.99%, its trailing-12-month yield is 3.85%, its expense ratio is 0.12%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Fund total return is 2.6% over the past 1.9 years, 40.6 points behind SPY at 43.2%.

At the current 3.99% distribution rate, a $10,000 investment would generate approximately $399 per year, or $33.25 per month on an equivalent basis.

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

Data as of August 19, 2026.

Fund total return is 2.6% over the past 1.9 years, 40.6 points behind SPY at 43.2%. Its deepest 1-year drawdown was 3.3%.

MLDR key facts

Data as of August 19, 2026.

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

3.79%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Expense ratio

0.12%

Distribution rate

3.99%

Distribution frequency

Monthly

Trailing yield

3.85%

30-day SEC yield

4.32%

Last close

$48.16

AUM

$8,657,881

Average volume

11.0

Last dividend

$0.1600

Ex-dividend date

08/03/2026

Payment date

08/06/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.99%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.85%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (4.32%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Global X fund 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

MLDR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 3.3%.

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.

Frequently asked questions

More funds from Global X.