PortfolioMetrics

PSK

- SPDR ICE Preferred Securities ETF

Key Information

Earliest date2009-09-16
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderState Street
IndexICE Exchange-Listed Fixed& Adjustable Rate Preferred Securities Index
Expense Ratio0.45%
Number Of Holdings155
Inception Date2009-09-16
Asset ClassEquity
CurrencyUSD
ListingUS-listed
SectorFinancials
Investment StyleIncome
Non-leveragedNon-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.