PSK

SPDR ICE Preferred Securities ETF
*Unless otherwise stated, data provided by FactSet.

PSK Fund Description

PSK tracks a market-value-weighted index of non-convertible preferred stocks and securities that are functionally equivalent to preferred stocks.

PSK Factset Analytics Insight

PSK provides broad exposure to preferred stocks in a viable wrapper. The fund will also include securities that are functionally equivalent to preferred stocks, such as depositary preferred securities, perpetual subordinated debt, and certain securities issued by banks and other financial institutions that are eligible for capital treatment similar to other preferred stock. The fund limits any single issue or issuer to a 5% weighting, thus limiting the weighting to big issuers that dominate the sector. As a result, PSK has a bit less exposure to heavyweights compared to some peers. Still, the effects are limited, as some issuers still dominate the portfolio. Investment-grade credits also play a leading role, but the fund does have high-yield exposure too.

PSK MSCI ESG Analytics Insight

SPDR ICE Preferred Securities ETF has an MSCI ESG Fund Rating of A based on a score of 6.48 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR ICE Preferred Securities ETF ranks in the 65th percentile within its peer group and in the 74th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PSK 0.83% 3.30% 0.58% 8.13% 5.97% 4.79% 5.61%
PSK (NAV) 1.22% 3.35% 0.81% 8.30% 6.02% 4.91% 5.63%
S&P U.S. Preferred Stock Index 1.78% 4.72% 4.14% 15.54% 7.89% 6.27% 6.68%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PSK Summary Data

SPDR
09/16/09
Open-Ended Fund
0.45%
$1.46B
$7.28M
0.05%

PSK Portfolio Data

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N/A
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PSK Index Data

ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index
Market Value
Market Value
S&P U.S. Preferred Stock Index

PSK Portfolio Management

0.45%
-0.32%
-0.22%
-1.01%

PSK Tax Exposures

20.00% / 39.60%
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Ordinary income
No

PSK Fund Structure

Open-Ended Fund
No
Yes
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N/A
N/A
Low
Daily

PSK Factset Analytics Block Liquidity

As of 06/11/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PSK. PSK is rated a 3 out of 5.

PSK Tradability

167,185
$7.28M
138,690
$6.06M
0.05%
$0.02
0.02%
0.75% / -0.34%
None
90.00%
50,000
2.77
0.00%
1.77%
0
$43.80
3

PSK Top 10 Holdings[View All]

2.72%
2.54%
1.72%
1.70%
1.54%
1.40%
1.38%
1.26%
1.24%
1.18%
16.68%

PSK Performance Statistics

0.90
0.83
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PSK MSCI ESG Ratings

6.48 / 10
74.40
64.65
6.58%
1.21%
298.98

PSK Holdings Statistics

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PSK Avg Life Maturity Distribution

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PSK OAS Breakdown

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