In seeking to track the performance of the index, the adviser employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, senior and subordinated debt.
Frequently asked questions
What is the SPDR ICE Preferred Securities ETF (PSK) expense ratio?
The SPDR ICE Preferred Securities ETF funds expense ratio is 0.45%.
What is SPDR ICE Preferred Securities ETF (PSK) current stock price?
As of the latest data, SPDR ICE Preferred Securities ETF stock price is $27.91, with a previous close of $28.03. SPDR ICE Preferred Securities ETF lost -$0.12 in the last trading session, representing a -0.43% loss.
Does SPDR ICE Preferred Securities ETF (PSK) pay dividends?
Yes. SPDR ICE Preferred Securities ETF pays monthly dividends with an annualized yield of 7.6% and an estimated annual payout of $2.12 per share.
When is the next ex-dividend date for SPDR ICE Preferred Securities ETF (PSK)?
The next ex-dividend date is scheduled for October 01, 2026.