PSK
- SPDR ICE Preferred Securities ETFKey Information
| Earliest date | 2009-09-17 |
ETF Information
| Fund Provider | State Street |
| Index | ICE Exchange-Listed Fixed& Adjustable Rate Preferred Securities Index |
| Expense Ratio | 0.45% |
| Number Of Holdings | 155 |
| Inception Date | 2009-09-16 |
| Asset Class | Equity |
| Currency | USD |
| Listing | US-listed |
| Sector | Financials |
| Investment Style | Income |
| Non-leveraged | Non-leveraged |
About PSK
The SPDR ICE Preferred Securities ETF provides investors with exposure to preferred stock, offering a unique combination of relatively stable income and lower volatility compared to common stocks. The fund tracks the ICE Exchange-Listed Fixed& Adjustable Rate Preferred Securities Index, investing in a diversified portfolio of over 150 preferred securities. With a focus on broad credit and a market value weighting scheme, this ETF is suitable for investors seeking to boost yields in their portfolio or reduce risk through diversification.