(PSK) ICE Preferred Securities - Overview
Etf: Preferred, Debt, Hybrid, Fixed-Income, High-Dividend
Dividends
| Dividend Yield | 6.71% |
| Yield on Cost 5y | 6.19% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 94.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 6.09% |
| Relative Tail Risk | -0.02% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.16 |
| Alpha | -3.93 |
| Character TTM | |
|---|---|
| Beta | 0.201 |
| Beta Downside | 0.258 |
| Drawdowns 3y | |
|---|---|
| Max DD | 13.21% |
| CAGR/Max DD | 0.21 |
Description: PSK ICE Preferred Securities January 26, 2026
The SPDR® ICE Preferred Securities ETF (PSK) seeks to replicate the ICE Preferred Securities Index by using a sampling methodology; it commits at least 80 % of its net assets to the index constituents, which are primarily non-convertible preferred shares and securities that function like preferred stock, such as senior and subordinated debt.
As of the most recent filing (Q4 2025):
• Total assets under management (AUM) are approximately $4.2 billion, reflecting a modest 5 % decline from the prior year amid rising interest-rate volatility.
• Weighted average coupon is 5.3 %, with a distribution yield of roughly 4.9 %, indicating sensitivity to Federal Reserve policy moves.
• Sector exposure is heavily weighted to financials (≈ 55 % of assets), with the remainder split between utilities and real estate, sectors that traditionally issue preferred securities for capital-structure optimization.
For a deeper dive into how PSK’s yield dynamics compare to peer ETFs, you might explore the ValueRay platform’s preferred-stock analytics.
What is the price of PSK shares?
Over the past week, the price has changed by -0.19%, over one month by +0.87%, over three months by +0.68% and over the past year by +2.76%.
Is PSK a buy, sell or hold?
What are the forecasts/targets for the PSK price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 34.1 | 6.5% |
PSK Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 781.1m USD (781.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 781.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 781.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.66% (E(781.1m)/V(781.1m) * Re(6.66%) + (debt-free company))
Discount Rate = 6.66% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)