PSK
- SPDR ICE Preferred Securities ETFKey Information
Earliest date | 2009-09-16 |
Exchange | NYSE |
Instrument Type | ETF |
MIC Code | ARCX |
Country | United States |
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.