Market Tracker

12/19 6:05pm ET

SPDR® Wells Fargo Preferred Stock ETF (PSK)

43.35
Data as of Dec 19
 -0.81 / -1.83%
Today’s Change
39.12
Today|||52-Week Range
44.96
+9.97%
Year-to-Date
PSK Regular Dividend: PSK began trading ex-dividend on 12/19/14. A $1.0202 dividend will be paid to shareholders of record as of 12/23/14.

Investment Objective

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of Wells Fargo Hybrid and Preferred Securities Aggregate Index (the "index"), the fund 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 a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock. The fund is non-diversified.

Performance

1 month-0.78% 3 years+7.57%
3 months+1.99% 5 years+7.70%
1 year+15.24% Since inception+8.25%
Data through 12/19/2014

Quote Details

Previous close$44.16
Open day’s range43.19 – 43.41
Net asset value (NAV)44.17 (12/18/2014)
Daily volume91,826
Average volume (3 months)29,607
Data as of 3:59pm ET, 12/19/2014

Peer Comparisonvs. Preferred stock ETFs

 PSKCategory
Performance 5-yr return+7.70%+8.76%
Expense Gross exp ratio0.45%0.55%
Risk 5 year sharpe ratio1.331.37
Net assets$273.0M$1.8B
Average market cap----
Average P/E----
Dividend / Share--0.15%

Competitors

PGX PowerShares Preferred Portfolio
PFF iShares U.S. Preferred Stock ETF
PGF PowerShares Financial Preferred Portfoli...

Holdings

Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
PNCPRP Pnc Finl Svcs Grp Pfd3.02%
METPRB Metlife Pfd2.83%
GSF Goldman Sachs Grp Pfd2.53%
HSEB Hsbc Hldgs Pfd2.08%
BBTPRE Bb&T Pfd2.05%
AEH Aegon N V Pfd1.87%
USBPRM Us Bancorp Del Pfd1.69%
LYGPRA Lloyds Bkg Grp Pfd1.66%
WFCPRJ Wells Fargo & Co, San Francisco Ca Pfd1.56%
USBPRN Us Bancorp Del Pfd1.55%