SPDR Wells Fargo Preferred Stock ETF (PSK)

46.25
Data as of May 17
 +0.07 / +0.15%
Today’s Change
43.58
Today|||52-Week Range
46.63
+2.82%
Year-to-Date

Investment Objective

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index based upon Preferred Securities. The fund employs a replication strategy in seeking to track the performance of the Wells Fargo Hybrid and Preferred Securities Aggregate Index. It generally invests substantially all, but at least 80%, of total assets in the securities comprising the index. The fund may invest in equity securities that are not included in the index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. It is non-diversified.

Performance

1 month+0.83% 3 years+10.34%
3 months+2.68% 5 years--
1 year+11.53% Since inception+10.52%
Data through 05/18/2013

Quote Details

Previous close$46.18
Open day’s range46.14 – 46.26
Net asset value (NAV)46.23 (05/17/2013)
Daily volume74,374
Average volume (3 months)76,568
Data as of 4:00pm ET, 05/17/2013

Peer Comparisonvs. Long-term bond ETFs

 PSKCategory
Performance 5-yr return--+6.59%
Expense Gross exp ratio0.45%0.31%
Risk 5 year sharpe ratio--0.54
Net assets$391.4M$2.1B
Average market cap----
Average P/E----
Dividend / Share--0.22%

Competitors

ILTB iShares Core Long-Term U.S. Bond ETF
BLV Vanguard Long-Term Bond ETF
CLY iShares 10+ Year Credit Bond Fund

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
WFCPRJ Wells Fargo & Co, San Francisco Ca Pfd2.86%
PNCPRP Pnc Finl Svcs Grp Pfd2.38%
-- Barclays Bank Plc2.24%
HCSPRB Hsbc Hldgs Pfd2.21%
METPRB Metlife Pfd2.13%
GSF Goldman Sachs Grp Pfd1.96%
USBPRM Us Bancorp Del Pfd1.82%
USBPRN Us Bancorp Del Pfd1.68%
BBTPRE Bb&T Pfd1.63%
DTK Deutsche Bk Contingent Cap Tr Iii Pfd1.53%

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