SPDR® ICE Preferred Securities ETF
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.4%
1 yr return
12.7%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
1.8%
Net Assets
$830 M
Holdings in Top 10
19.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PSK - Profile
Distributions
- YTD Total Return 5.4%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.89%
- Dividend Yield 6.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSPDR® ICE Preferred Securities ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateSep 17, 2009
-
Shares Outstanding29050000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKarl Schneider
Fund Description
PSK - Performance
Return Ranking - Trailing
Period | PSK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | -0.8% | 6.7% | 6.41% |
1 Yr | 12.7% | 10.2% | 29.9% | 82.05% |
3 Yr | -1.3%* | -7.6% | 8.1% | 75.00% |
5 Yr | 1.8%* | -4.5% | 6.3% | 74.24% |
10 Yr | 3.8%* | 1.1% | 4.9% | 51.11% |
* Annualized
Return Ranking - Calendar
Period | PSK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -3.6% | 14.2% | 24.36% |
2022 | -23.5% | -29.4% | -9.6% | 76.39% |
2021 | -3.4% | -3.4% | 17.2% | 100.00% |
2020 | 0.9% | -24.8% | 9.0% | 37.68% |
2019 | 11.2% | 6.4% | 19.1% | 61.54% |
Total Return Ranking - Trailing
Period | PSK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.4% | -0.8% | 6.7% | 6.41% |
1 Yr | 12.7% | 10.2% | 29.9% | 82.05% |
3 Yr | -1.3%* | -7.6% | 8.1% | 75.00% |
5 Yr | 1.8%* | -4.5% | 6.3% | 74.24% |
10 Yr | 3.8%* | 1.1% | 4.9% | 51.11% |
* Annualized
Total Return Ranking - Calendar
Period | PSK Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -1.9% | 26.5% | 20.51% |
2022 | -18.9% | -26.0% | -5.8% | 72.22% |
2021 | 1.6% | -2.5% | 27.4% | 83.33% |
2020 | 6.4% | -19.2% | 12.3% | 30.43% |
2019 | 17.6% | 10.0% | 32.0% | 52.31% |
PSK - Holdings
Concentration Analysis
PSK | Category Low | Category High | PSK % Rank | |
---|---|---|---|---|
Net Assets | 830 M | 20 M | 14.5 B | 56.41% |
Number of Holdings | 150 | 45 | 450 | 74.36% |
Net Assets in Top 10 | 158 M | 7.69 M | 1.65 B | 61.54% |
Weighting of Top 10 | 19.10% | 12.1% | 45.9% | 60.26% |
Top 10 Holdings
- Citigroup Capital XIII 3.83%
- State Street Navigator Securities Lending Government Money Market Portfolio 3.56%
- ATT Inc 1.85%
- Capital One Financial Corp 1.65%
- Duke Energy Corp 1.46%
- Allstate Corp/The 1.46%
- Wells Fargo Co 1.41%
- Southern Co/The 1.34%
- Capital One Financial Corp 1.32%
- ATT Inc 1.22%
Asset Allocation
Weighting | Return Low | Return High | PSK % Rank | |
---|---|---|---|---|
Preferred Stocks | 99.39% | 0.00% | 126.07% | 8.97% |
Cash | 3.72% | -0.02% | 9.83% | 14.10% |
Stocks | 0.00% | 0.00% | 28.30% | 97.44% |
Other | 0.00% | -4.48% | 12.19% | 80.77% |
Convertible Bonds | 0.00% | 0.00% | 31.65% | 100.00% |
Bonds | 0.00% | 0.00% | 98.46% | 100.00% |
PSK - Expenses
Operational Fees
PSK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.05% | 4.46% | 93.51% |
Management Fee | 0.45% | 0.00% | 1.00% | 10.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
PSK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
PSK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PSK Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 12.00% | 199.00% | 77.94% |
PSK - Distributions
Dividend Yield Analysis
PSK | Category Low | Category High | PSK % Rank | |
---|---|---|---|---|
Dividend Yield | 6.18% | 0.00% | 9.40% | 20.51% |
Dividend Distribution Analysis
PSK | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
Net Income Ratio Analysis
PSK | Category Low | Category High | PSK % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.89% | 0.88% | 7.54% | 25.68% |
Capital Gain Distribution Analysis
PSK | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 07, 2024 | $0.180 | OrdinaryDividend |
Feb 07, 2024 | $0.180 | OrdinaryDividend |
Dec 22, 2023 | $0.180 | OrdinaryDividend |
Dec 07, 2023 | $0.180 | OrdinaryDividend |
Nov 07, 2023 | $0.180 | OrdinaryDividend |
Oct 06, 2023 | $0.180 | OrdinaryDividend |
Sep 08, 2023 | $0.180 | OrdinaryDividend |
Aug 07, 2023 | $0.180 | OrdinaryDividend |
Jul 10, 2023 | $0.180 | OrdinaryDividend |
Jun 07, 2023 | $0.180 | OrdinaryDividend |
May 05, 2023 | $0.180 | OrdinaryDividend |
Apr 10, 2023 | $0.180 | OrdinaryDividend |
Mar 07, 2023 | $0.178 | OrdinaryDividend |
Feb 07, 2023 | $0.180 | OrdinaryDividend |
Dec 23, 2022 | $0.170 | OrdinaryDividend |
Dec 07, 2022 | $0.180 | OrdinaryDividend |
Nov 07, 2022 | $0.180 | OrdinaryDividend |
Oct 07, 2022 | $0.180 | OrdinaryDividend |
Sep 08, 2022 | $0.180 | OrdinaryDividend |
Aug 05, 2022 | $0.180 | OrdinaryDividend |
Jul 08, 2022 | $0.180 | OrdinaryDividend |
Jun 07, 2022 | $0.180 | OrdinaryDividend |
May 06, 2022 | $0.180 | OrdinaryDividend |
Apr 07, 2022 | $0.180 | OrdinaryDividend |
Mar 07, 2022 | $0.180 | OrdinaryDividend |
Feb 07, 2022 | $0.180 | OrdinaryDividend |
Dec 23, 2021 | $0.180 | OrdinaryDividend |
Dec 07, 2021 | $0.180 | OrdinaryDividend |
Nov 05, 2021 | $0.180 | OrdinaryDividend |
Oct 07, 2021 | $0.180 | OrdinaryDividend |
Sep 08, 2021 | $0.180 | OrdinaryDividend |
Aug 06, 2021 | $0.180 | OrdinaryDividend |
Jul 08, 2021 | $0.180 | OrdinaryDividend |
Jun 07, 2021 | $0.180 | OrdinaryDividend |
May 07, 2021 | $0.180 | OrdinaryDividend |
Apr 08, 2021 | $0.180 | OrdinaryDividend |
Mar 05, 2021 | $0.180 | OrdinaryDividend |
Feb 05, 2021 | $0.180 | OrdinaryDividend |
Dec 24, 2020 | $0.257 | OrdinaryDividend |
Dec 07, 2020 | $0.180 | OrdinaryDividend |
Nov 06, 2020 | $0.180 | OrdinaryDividend |
Oct 07, 2020 | $0.180 | OrdinaryDividend |
Sep 08, 2020 | $0.180 | OrdinaryDividend |
Aug 07, 2020 | $0.180 | OrdinaryDividend |
Jul 07, 2020 | $0.180 | OrdinaryDividend |
Jun 05, 2020 | $0.180 | OrdinaryDividend |
May 07, 2020 | $0.180 | OrdinaryDividend |
Apr 07, 2020 | $0.180 | OrdinaryDividend |
Mar 06, 2020 | $0.190 | OrdinaryDividend |
Feb 07, 2020 | $0.190 | OrdinaryDividend |
Dec 27, 2019 | $0.245 | OrdinaryDividend |
Dec 06, 2019 | $0.170 | OrdinaryDividend |
Nov 07, 2019 | $0.180 | OrdinaryDividend |
Oct 07, 2019 | $0.200 | OrdinaryDividend |
Sep 09, 2019 | $0.200 | OrdinaryDividend |
Aug 07, 2019 | $0.200 | OrdinaryDividend |
Jul 08, 2019 | $0.200 | OrdinaryDividend |
Jun 07, 2019 | $0.200 | OrdinaryDividend |
May 07, 2019 | $0.200 | OrdinaryDividend |
Apr 05, 2019 | $0.200 | OrdinaryDividend |
Mar 07, 2019 | $0.200 | OrdinaryDividend |
Feb 07, 2019 | $0.200 | OrdinaryDividend |
Dec 26, 2018 | $0.361 | OrdinaryDividend |
Dec 07, 2018 | $0.200 | OrdinaryDividend |
Nov 07, 2018 | $0.200 | OrdinaryDividend |
Oct 05, 2018 | $0.200 | OrdinaryDividend |
Sep 10, 2018 | $0.200 | OrdinaryDividend |
Aug 07, 2018 | $0.200 | OrdinaryDividend |
Jul 09, 2018 | $0.200 | OrdinaryDividend |
Jun 07, 2018 | $0.200 | OrdinaryDividend |
May 07, 2018 | $0.200 | OrdinaryDividend |
Apr 06, 2018 | $0.200 | OrdinaryDividend |
Mar 07, 2018 | $0.200 | OrdinaryDividend |
Feb 07, 2018 | $0.200 | OrdinaryDividend |
Dec 26, 2017 | $0.685 | OrdinaryDividend |
Sep 25, 2017 | $0.599 | OrdinaryDividend |
Jun 26, 2017 | $0.610 | OrdinaryDividend |
Mar 27, 2017 | $0.400 | OrdinaryDividend |
Dec 27, 2016 | $0.824 | OrdinaryDividend |
Sep 26, 2016 | $0.622 | OrdinaryDividend |
Jun 27, 2016 | $0.636 | OrdinaryDividend |
Mar 29, 2016 | $0.401 | OrdinaryDividend |
Dec 29, 2015 | $0.828 | OrdinaryDividend |
Sep 28, 2015 | $0.586 | OrdinaryDividend |
Jun 29, 2015 | $0.603 | OrdinaryDividend |
Mar 30, 2015 | $0.374 | OrdinaryDividend |
Dec 30, 2014 | $1.020 | OrdinaryDividend |
Sep 29, 2014 | $0.458 | OrdinaryDividend |
Jun 30, 2014 | $0.488 | OrdinaryDividend |
Mar 31, 2014 | $0.509 | OrdinaryDividend |
Dec 31, 2013 | $1.170 | OrdinaryDividend |
Sep 30, 2013 | $0.668 | OrdinaryDividend |
Jul 01, 2013 | $0.701 | OrdinaryDividend |
Mar 25, 2013 | $0.508 | OrdinaryDividend |
Jan 04, 2013 | $0.855 | OrdinaryDividend |
Oct 03, 2012 | $0.775 | OrdinaryDividend |
Jun 27, 2012 | $0.729 | OrdinaryDividend |
Mar 28, 2012 | $0.473 | OrdinaryDividend |
Dec 29, 2011 | $0.909 | OrdinaryDividend |
Sep 28, 2011 | $0.734 | OrdinaryDividend |
Jun 29, 2011 | $0.744 | OrdinaryDividend |
Mar 30, 2011 | $0.587 | OrdinaryDividend |
Dec 30, 2010 | $0.601 | OrdinaryDividend |
Sep 29, 2010 | $1.116 | OrdinaryDividend |
Jun 30, 2010 | $0.354 | OrdinaryDividend |
Mar 31, 2010 | $0.613 | OrdinaryDividend |
Dec 31, 2009 | $0.875 | OrdinaryDividend |
PSK - Fund Manager Analysis
Managers
Karl Schneider
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.
Amy Scofield
Start Date
Tenure
Tenure Rank
Jan 03, 2017
5.41
5.4%
Amy Scofield is a Principal of SSGA and a Portfolio Manager in the Global Equity Beta Solutions Group. Ms. Scofield rejoined SSGA in November of 2010, after spending two years at Atlantic Trust Company, a private wealth management firm. In her role at Atlantic Trust Company, Ms. Scofield specialized in asset allocation and performance analysis for high net worth clients. Prior to Atlantic Trust Company, Ms. Scofield was a compliance officer at SSGA, where she was responsible for ensuring equity portfolios met specified guidelines. Ms. Scofield also worked as an operations associate in SSGA's International Structured Products Group. Ms. Scofield holds a Bachelor of Arts in Economics from Boston College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |