PSK - Debunking Preferred Stock ETF Holdings Part 4: PSK's Holdings
2025-03-28 12:25:03 ET
Summary
- SPDR ICE Preferred Securities ETF (PSK) focuses on investment-grade preferred stocks and securities, with $811.11MM in assets and a 0.45% expense ratio.
- PSK's portfolio includes 42% fixed-rate preferred stocks below par, 22% fixed-rate bonds below par, and 7% fixed-to-floating stocks above par.
- The fund's average credit rating is Baa3, with an average yield to worst of 6.08% and a current yield of 5.49%.
- Investing in PSK provides exposure to a diversified mix of preferred stocks and bonds, offering attractive yields and investment-grade credit quality.
Today's article is another ETF adventure. We'll investigate holdings of the SPDR ICE Preferred Securities ETF ( PSK ), mainly concentrated in fixed preferred stocks....
Debunking Preferred Stock ETF Holdings Part 4: PSK's Holdings