ATLASState Street SPDR ICE Preferred Securities ETF (PSK): outlook, holdings and fees
State Street SPDR ICE Preferred Securities ETF (PSK) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.44% and the yield is 7.28%. The ten largest holdings are 15% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PSK
| Last price | $27.81 (-0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 60% |
| Likely 1-month range (50%) | $27.56 – $28.37 |
| Normal 1-day range (±1σ) | ±0.5% |
| Distribution yield | 7.28% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PSK fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | Other strategies |
| Assets under management | $628M |
| Expense ratio | 0.44% |
| Number of holdings | 25 |
| Portfolio turnover | 20% |
| Inception | Sep 16, 2009 |
| Exchange | NYSE |
In seeking to track the performance of the index, the adviser employs a sampling strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, senior and subordinated debt.
PSK top holdings
| Holding | Sector | Weight |
|---|---|---|
| Citigroup Capital XIII TR PFD SECS C-PN | Other | 3.45% |
| Wells Fargo & Company WFC-PZ | Financial Services | 1.67% |
| Capital One Financial Corporation COF-PI | Financial Services | 1.42% |
| AT&T Inc. 5.35% GLB NTS 66 TBB | Real Estate | 1.40% |
| The Allstate Corporation ALL-PH | Financial Services | 1.18% |
| Capital One Financial Corporation COF-PJ | Financial Services | 1.23% |
| Athene Holding Ltd ATH-PA | Financial Services | 1.15% |
| Xcel Energy Inc. 6.25% Junior Subordinated Notes, Series due 2085 XELLL | – | 1.13% |
| 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 RZC | – | 1.05% |
| Southern Company (The) Series 2 SOJD | Real Estate | 1.05% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PSK returns and risk
| Year to date | -7.6% |
|---|---|
| 1 year | -8.5% |
| 3 years (annualised) | +3.0% |
| 5 years (annualised) | -2.3% |
| 10 years (annualised) | +1.3% |
| Volatility (3 years) | 8.8% |
| Sharpe ratio (3 years) | -0.24 |
Past returns do not guarantee future results.
PSK: frequently asked questions
What does PSK invest in?
State Street SPDR ICE Preferred Securities ETF invests in a portfolio of securities. Its largest holdings are Citigroup Capital XIII TR PFD SECS (3.4%), Wells Fargo & Company (1.7%), Capital One Financial Corporation (1.4%), AT&T Inc. 5.35% GLB NTS 66 (1.4%), The Allstate Corporation (1.2%).
What is the PSK expense ratio?
0.44% a year: about $44.00 for every $10,000 invested.
What is the PSK dividend yield?
7.28%. ATLAS does not hold the exact distribution dates for ETFs.
Will PSK go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 60%, with a likely range (50%) of $27.56 to $28.37 from $27.81 today. It is a probability, not a prediction.
How has PSK performed?
Year to date -7.6%, one year -8.5%, three years +3.0% a year, five years -2.3% a year. Past returns do not guarantee future results.
Similar ETFs: Other strategies
- iShares Russell 1000 ETF (IWB)
- Vanguard Extended Market ETF (VXF)
- State Street SPDR S&P MidCap 400 ETF Trust (MDY)
- iShares S&P 100 ETF (OEF)
- iShares Russell 3000 ETF (IWV)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
- iShares Preferred and Income Securities ETF (PFF)
Educational information, not investment advice. Disclaimer