PSK SPDR Wells Fargo Preferred Stock ETF

Seeks to track, before fees and expenses, the Wells Fargo Hybrid and Preferred Securities Aggregate Index.The Index is designed to track the performance of non-convertible, $25 par preferred securities listed on US exchanges. The index is composed of preferred stock and securities that, in Wells Fargo's judgment, are functionally equivalent to preferred stock including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.

$42.41  +0.19 (0.44%)
As of 12/06/2021 14:20:57 EST     IEX book   CBOE book

ETF Information
Sponsor:     State Street (SPDRs)
Category1:  Special Security Types
Category2:  Preferred stock
Category3:  U.S.
Morningstar category:  Preferred Stock
Leverage factor:  1.00
Inception date:  09/16/2009
Index tracking method: Passive replication
Current yield:  5.30%
Historical average yield:  5.98%
Market cap:  $1,460,774,000
Average volume:  146,652
Fees:     0.4500%

Index Information
Wells Fargo Hybrid and Preferred Securities Aggregate Total Return Index
Index symbol:  WAGG
Provider:   Wells Fargo
Note: Tracks a total return index
Index weighting:   Market capitalization
Index inception date:  06/30/2003
Backtesting data exists:   No
Number of holdings:  130  (as of 11/28/2017)

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