Debunking Preferred Stock ETF Holdings Part 4: PSK's Holdings
Source: SeekingAlpha
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....
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Debunking Preferred Stock ETF Holdings Part 4: PSK's Holdings
SPDR Wells Fargo Preferred Stock
NASDAQ: PSK
PSK Trading
-0.3% G/L:
$31.7557 Last:
36,751 Volume:
$31.81 Open:
