ZCBB ETF — Global X Zero Coupon Bond 2031 ETF

Global X Zero Coupon Bond 2031 ETF (ZCBB)

ZCBB is a low-cost ETF. As of August 19, 2026, its distribution rate is 4.11%, its trailing-12-month yield is 2.25%, its expense ratio is 0.07%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is -0.5% over the past 0.6 years, 12.4 points behind SPY at 11.9%.

At the current 4.11% distribution rate, a $10,000 investment would generate approximately $411 per year, or $34.25 per month on an equivalent basis.

Global X Zero Coupon Bond 2031 ETF is an ETF that invests at least 80% of its assets in zero-coupon U.S. Treasury STRIPS maturing in 2031, along with economically similar securities, tracking the FTSE Zero Coupon U.S. Treasury STRIPS 2031 Maturity Index. The fund carries a current distribution rate in the low-to-mid single digits, distributes monthly, and has a very low expense ratio of 0.07%. This ETF appeals to fixed-income investors seeking exposure to zero-coupon Treasury securities with a defined maturity date.

ZCBB performance versus SPY

Data as of August 19, 2026.

Fund total return is -0.5% over the past 0.6 years, 12.4 points behind SPY at 11.9%.

ZCBB key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Global X

Asset type

ETF

Asset class

Fixed Income

Inception date

01/06/2026

Expense ratio

0.07%

Distribution rate

4.11%

Distribution frequency

Monthly

Trailing yield

2.25%

30-day SEC yield

4.44%

Last close

$48.77

AUM

$973,387

Average volume

8.0

Last dividend

$0.1670

Ex-dividend date

08/03/2026

Payment date

08/06/2026

How Dividend Vision calculates yield and returns

Distribution rate (4.11%) 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 (2.25%) 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 (4.44%) 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.

ZCBB risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider ZCBB — and who may not

ZCBB may suit someone looking for low-cost broad dividend exposure, 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.