State Street SPDR ICE Preferred Securities ETF

Frequently Asked Questions About PSK

What does PSK invest in?

The Fund seeks to replicate as closely as possible the total return of the ICE Exchange Listed Fixed & Adjustable Rate Preferred Securities Index. The Underlying Index is designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock.

What is the expense ratio of PSK?

State Street SPDR ICE Preferred Securities ETF (PSK) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSK?

State Street SPDR ICE Preferred Securities ETF (PSK) manages $693.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PSK actively managed or an index fund?

PSK's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PSK launched?

State Street SPDR ICE Preferred Securities ETF (PSK) launched in September 2009 and is managed by SPDR.

How has PSK performed?

PSK's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.