SPDR Wells Fargo Preferred Stock ETF

PSK tracks a market-value-weighted index of non-convertible preferred stocks and securities that are functionally equivalent to preferred stocks.

SPDR® ICE Preferred Securities ETF strategy focuses on investing in U.S. dollar denominated non-convertible preferred stocks with specific criteria. The PSK ETF portfolio is heavily weighted towards financial companies, with the top 4 issuers being major banks. PSK has underperformed several competitors and experienced a decrease in both distributions and price over 20% in 10 years.

PSK: Lagging Peers In A Lagging Asset Category

Elkhorn S&P High Quality Preferred ETF

First Trust Preferred Securities & Income ETF

First Trust Institutional Preferred Securities & Income ETF

Fidelity Preferred Securities & Income ETF

iShares Preferred and Income Securities ETF 

Virtus InfraCap U.S. Preferred Stock ETF

Global X U.S. Preferred ETF

InfraCap REIT Preferred ETF

Global X Variable Rate Preferred ETF

AAM Low Duration Preferred and Income Sec ETF

VanEck Preferred Securities ex Financials ETF

Invesco Financial Preferred ETF

Invesco Preferred ETF

Principal Spectrum Preferred Secs Active ETF

Pimco Preferred And Capital Securities Active ETF

Global X SuperIncome Preferred ETF

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

Synchrony Financial

We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driven by a drop in Treasury yields and compression in credit spreads. Different preferreds sectors have different drawdown profiles, offering investors an opportunity to tilt to more resilient securities in anticipation of the next drawdown.

Preferreds Weekly Review: Historic Drawdowns Are Relevant Again

John Hancock Preferred Income ETF

Invesco Variable Rate Preferred ETF

PFFA is a well-diversified and consistently top-performing preferred stock ETF, enabled by management's bold allocation strategy.

U.S. Preferred Stocks Look Attractive And PFFA Is A Top-Performing Preferred Stocks ETF

We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury yields were offset by tighter credit spreads. A high yield-to-call is not a sufficient reason to buy a given preferred.

Preferreds Weekly Review: A High Yield-To-Call Is Not Enough

We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week with most sectors finishing in the green. The article discusses the curious case of Aspen insurer preferred AHL.PR.C and how the coupon conversion worked on the first call date.

Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak

Preferred securities have compelling investment characteristics in the right market and portfolio setup. In a world of high yields, higher cost of capital and contracting equity risk premiums, the insulating benefits are less profound. SPDR ICE Preferred Securities ETF has value on the yield side but lacks scope for capital appreciation.

PSK: Preferreds Less Attractive In High Yield World Without Capital Appreciation Underneath

Preferred stocks are what's known as hybrid securities, meaning the asset class displays both equity and fixed income characteristics. The equity-like traits of preferreds can support gains when traditional stocks are rising.

Getting a Pulse on Preferred Stocks

Investors can earn more yield, potentially for a longer time, with these relatively low-risk income-producing options.

Don't Cling to Cash. Check Out These Other Low-Risk Income Investments.

PSK is an exchange-traded fund focused on preferred equity. The ETF tries to replicate the ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index.

PSK: Investment Grade Preferred Equity Fund

PrairieSky Royalty Ltd. (OTCPK:PREKF) Q3 2022 Earnings Conference Call October 25, 2022 8:30 AM ET Company Participants Andrew Phillips - President and Chief Executive Officer Pamela Kazeil - Vice President, Finance and Chief Financial Officer Conference Call Participants Patrick O'Rourke - ATB Financial Matthew Weekes - IA Capital Jeremy McCrea - Raymond James Jamie Kubik - CIBC Mitch Cantor - Mountain Lake Investment Operator Good day and thank you for standing by.

PrairieSky Royalty Ltd. (PREKF) Q3 2022 Earnings Call Transcript

PrairieSky Royalty Ltd. (OTCPK:PREKF) Q2 2022 Earnings Conference Call July 19, 2022 8:30 AM ET Company Participants Andrew Phillips - President & CEO Pamela P.

PrairieSky Royalty Ltd. (PREKF) CEO Andrew Phillips on Q2 2022 Results - Earnings Call Transcript

iShares MSCI ACWI ex U.S. ETF

VanEck Fallen Angel High Yield Bond ETF

iShares iBoxx High Yield Corporate Bond ETF

Blackrock US Carbon Transition Readiness ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

PGIM Ultra Short Bond ETF

iShares 0-5 Year High Yield Corporate Bond ETF

The U.S. insurance industry's asset base in ETFs grew 15% to $45 billion at the end of 2021, according to a recently published research piece from S&P Dow Jones Indices. While insurance companies owned a very small slice of the then $7 trillion ETF market, the asset base for many ETFs is increasingly supported by [.

Insurers Own More ETFs Than You Realize

The SPDR Wells Fargo Preferred Stock ETF parks its funds in investment-grade preferred securities.

SPDR Wells Fargo Preferred Stock ETF: Rock Steady

The SPDR ICE Preferred Securities ETF holds over 160 preferred share issues.

PSK: Better Preferred ETFs Exist

Preferred shares have seen weakness in the new year, along with much of the fixed-income market. If yields continue to rise and investors stay in risk-on mode, this weakness could continue. But I see opportunity for some relative value.

PSK: There Is A Case For Preferred Shares At The Moment

As we look to wrap up 2020, I am taking a cautious view of most risk-on assets. This includes equities, including preferred equities. PSK still offers an attractive income stream, so there is merit to holding it. But the fund is heavily correlated to general equities, so a market sell-off would spill-over into PSK.

PSK: Preferred Securities Have Limited Upside Here

iShares Core Dividend Growth ETF

Invesco Water Resources ETF

SPDR Portfolio TIPS ETF

Reliability and predictability are two critical aspects of growing -- and then maintaining -- a retirement account.

4 ETFs Perfect for Your IRA

PSK: An Under The Radar Fund With A 5% Yield

VanEck High Yield Muni ETF

The sharp market rally since March as well as the risk of a second wave may be prompting some investors to consider options to derisk their portfolio.

Evaluating Open-End Fund Alternatives To CEFs

PSK: Trading At A Rare Discount, With An Attractive Income Stream

Brookfield Asset Management

Ballard Power Systems

NextEra Energy

Spotify

Toyota Motor

Tesla

Should you be excited about investing in them?

Why Fuel Cell Stocks Are Up Recently

ProShares Long Online/Short Stores ETF

iShares Genomics Immunology and Healthcare ETF

An oil collapse sent Wall Street into a tailspin on Mar 9, indicating that the 11-year-long bull market might soon end. These ETFs may, however, survive the crash.

News for SPDR Wells Fargo Preferred Stock ETF ETF (PSK)