PSKState Street SPDR ICE Preferred Securities ETF

Get income16y track recordRanked #385 of 1,622 in this goal

Seeks to provide investment results that correspond generally to the total return performance of an index based upon Preferred Securities.

By State Street Investment Management · Launched 2009

Annual Cost

0.45%

#2,223 of 5,562 · average

Fund Size

$718M

#1,307 of 5,562 · large

Dividend YieldGoal

6.96%

Track Record

16 years

#700 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,192+1.9%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 19.2% of fund✓ well diversified

State Street Global Advisors

4.1%

Citigroup Capital XIII

3.7%

WELLS FARGO & COMPANY

1.7%

AT&T Inc

1.6%

CAPITAL ONE FINANCIAL CO

1.6%

Duke Energy Corp

1.4%

ALLSTATE CORP

1.3%

CAPITAL ONE FINANCIAL CO

1.2%

XCEL ENERGY INC

1.2%

NEXTERA ENERGY CAPITAL

1.2%

Asset allocation

Preferred

97.8%

Other

1.9%

Cash

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.0%Low

Year-on-year price swings

Max drawdown

-30.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.07Below average

Sortino (3Y)

0.10Moderate downside risk

Bond profile

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of an index based upon Preferred Securities.
Strategy: Invests primarily in a subset of securities in the ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index to match its risk and return characteristics. Generally invests at least 80% of total assets in the Index securities, using futures contracts for cash management.
Inception date: September 16, 2009
Fund family: State Street Investment Management