State Street SPDR ICE Preferred Securities ETF (PSK)Preferred Stock | Exchange Traded Fund | NYSEArca
30.39 USD
-0.01
(-0.033%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:28 a.m. EDT
The long-term outlook is severely compromised by a decade-long structural decline. Despite a brief recovery in 2021 and 2024, the asset has lost over 30% of its value since 2016, with seven out of nine years showing negative returns. This persistent downward trajectory suggests the market views the underlying preferred portfolio as deteriorating or illiquid, rendering the current price a reflection of poor business quality rather than a margin of safety. While the dividend yield of 7.06% appears attractive, it is likely compensating for the high risk of capital loss and potential NAV erosion in a falling market. The short-term technical picture remains bearish, trading well below both the 50-day and 200-day moving averages, confirming that momentum is still working against the security. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.017141 |
| AutoETS | 0.017975 |
| AutoARIMA | 0.018327 |
| MSTL | 0.019277 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 72% |
| H-stat | 8.77 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.180 |
| Excess Kurtosis | -1.22 |
| Attribute | Value |
|---|---|
| Forward P/E | 132.13 |
As of July 11, 2026, 4:28 a.m. EDT: Options activity is virtually dormant with negligible volume and open interest across all expirations. The implied volatility is extremely low, indicating a lack of speculative positioning or hedging demand. There is no discernible directional bias from the options chain.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.59% | 6.80% | 6.59% | 6.27% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.180 | 0.590164 |
| 2026-06-01 | 0.180 | 0.583847 |
| 2026-05-01 | 0.180 | 0.573980 |
| 2026-04-01 | 0.180 | 0.585366 |
| 2026-03-02 | 0.180 | 0.560573 |
| 2026-02-02 | 0.180 | 0.560224 |
| 2025-12-18 | 0.180 | 0.564263 |
| 2025-12-01 | 0.180 | 0.566572 |
| 2025-11-03 | 0.180 | 0.555556 |
| 2025-10-01 | 0.180 | 0.542986 |
| 2025-09-02 | 0.180 | 0.555899 |
| 2025-08-01 | 0.180 | 0.557794 |
| 2025-07-01 | 0.180 | 0.566038 |
| 2025-06-02 | 0.180 | 0.572884 |
| 2025-05-01 | 0.180 | 0.570523 |
| 2025-04-01 | 0.180 | 0.559701 |
| 2025-03-03 | 0.180 | 0.538761 |
| 2025-02-03 | 0.180 | 0.545785 |
| 2024-12-19 | 0.180 | 0.543314 |
| 2024-12-02 | 0.180 | 0.525547 |
| 2024-11-01 | 0.180 | 0.520231 |
| 2024-10-01 | 0.180 | 0.506614 |
| 2024-09-03 | 0.180 | 0.520081 |
| 2024-08-01 | 0.180 | 0.530660 |
| 2024-07-01 | 0.180 | 0.536033 |
| 2024-06-03 | 0.180 | 0.531758 |
| 2024-05-01 | 0.180 | 0.539730 |
| 2024-04-01 | 0.180 | 0.518135 |
| 2024-03-01 | 0.180 | 0.519630 |
| 2024-02-01 | 0.180 | 0.516648 |
| 2023-12-18 | 0.180 | 0.539084 |
| 2023-12-01 | 0.180 | 0.540541 |
| 2023-11-01 | 0.180 | 0.580084 |
| 2023-10-02 | 0.180 | 0.565327 |
| 2023-09-01 | 0.180 | 0.547112 |
| 2023-08-01 | 0.180 | 0.540378 |
| 2023-07-03 | 0.180 | 0.535714 |
| 2023-06-01 | 0.180 | 0.537474 |
| 2023-05-01 | 0.180 | 0.529567 |
| 2023-04-03 | 0.180 | 0.529879 |
| 2023-03-01 | 0.178 | 0.503109 |
| 2023-02-01 | 0.180 | 0.490063 |
| 2022-12-19 | 0.170 | 0.498534 |
| 2022-12-01 | 0.180 | 0.515169 |
| 2022-11-01 | 0.180 | 0.555727 |
| 2022-10-03 | 0.180 | 0.516648 |
| 2022-09-01 | 0.180 | 0.509626 |
| 2022-08-01 | 0.180 | 0.475561 |
| 2022-07-01 | 0.180 | 0.498891 |
| 2022-06-01 | 0.180 | 0.485961 |
| 2022-05-02 | 0.180 | 0.513699 |
| 2022-04-01 | 0.180 | 0.465718 |
| 2022-03-01 | 0.180 | 0.458248 |
| 2022-02-01 | 0.180 | 0.438063 |
| 2021-12-17 | 0.180 | 0.425532 |
| 2021-12-01 | 0.180 | 0.426540 |
| 2021-11-01 | 0.180 | 0.415417 |
| 2021-10-01 | 0.180 | 0.416667 |
| 2021-09-01 | 0.180 | 0.412749 |
| 2021-08-02 | 0.180 | 0.410678 |
| 2021-07-01 | 0.180 | 0.408719 |
| 2021-06-01 | 0.180 | 0.413318 |
| 2021-05-03 | 0.180 | 0.413603 |
| 2021-04-01 | 0.180 | 0.414842 |
| 2021-03-01 | 0.180 | 0.424829 |
| 2021-02-01 | 0.180 | 0.415512 |
| 2020-12-18 | 0.257 | 0.581975 |
| 2020-12-01 | 0.180 | 0.411147 |
| 2020-11-02 | 0.180 | 0.418021 |
| 2020-10-01 | 0.180 | 0.413223 |
| 2020-09-01 | 0.180 | 0.412466 |
| 2020-08-03 | 0.180 | 0.416474 |
| 2020-07-01 | 0.180 | 0.432484 |
| 2020-06-01 | 0.180 | 0.425230 |
| 2020-05-01 | 0.360 | 0.865593 |
| 2020-04-01 | 0.180 | 0.479361 |
| 2020-03-02 | 0.190 | 0.440427 |
| 2020-02-03 | 0.190 | 0.428894 |
| 2019-12-20 | 0.245 | 0.558723 |
| 2019-12-02 | 0.170 | 0.393792 |
| 2019-11-01 | 0.180 | 0.409929 |
| 2019-10-01 | 0.200 | 0.454649 |
| 2019-09-03 | 0.200 | 0.455477 |
| 2019-08-01 | 0.200 | 0.457771 |
| 2019-07-01 | 0.200 | 0.465441 |
| 2019-06-03 | 0.200 | 0.467508 |
| 2019-05-01 | 0.200 | 0.468933 |
| 2019-04-01 | 0.200 | 0.468274 |
| 2019-03-01 | 0.200 | 0.471698 |
| 2019-02-01 | 0.200 | 0.478240 |
| 2018-12-19 | 0.361 | 0.918108 |
| 2018-12-03 | 0.200 | 0.497760 |
| 2018-11-01 | 0.200 | 0.482509 |
| 2018-10-01 | 0.200 | 0.476417 |
| 2018-09-04 | 0.200 | 0.464037 |
| 2018-08-01 | 0.200 | 0.467181 |
| 2018-07-02 | 0.200 | 0.460723 |
| 2018-06-01 | 0.200 | 0.464684 |
| 2018-05-01 | 0.200 | 0.469814 |
| 2018-04-02 | 0.200 | 0.464037 |
| 2018-03-01 | 0.200 | 0.463929 |
| 2018-02-01 | 0.200 | 0.471809 |
| 2017-12-15 | 0.685 | 1.549774 |
| 2017-09-15 | 0.599 | 1.339445 |
| 2017-06-16 | 0.610 | 1.363128 |
| 2017-03-29 | 0.750 | 1.708039 |
| 2017-03-17 | 0.400 | 0.915961 |
| 2016-12-16 | 0.824 | 1.986021 |
| 2016-09-16 | 0.622 | 1.375193 |
| 2016-06-17 | 0.636 | 1.396268 |
| 2016-03-18 | 0.401 | 0.896891 |
| 2015-12-18 | 0.828 | 1.888255 |
| 2015-09-18 | 0.586 | 1.341882 |
| 2015-06-19 | 0.603 | 1.383980 |
| 2015-03-20 | 0.374 | 0.835381 |
| 2014-12-19 | 1.020 | 2.352941 |
| 2014-09-19 | 0.458 | 1.056760 |
| 2014-06-20 | 0.488 | 1.126240 |
| 2014-03-21 | 0.509 | 1.207592 |
| 2013-12-20 | 1.170 | 2.962025 |
| 2013-09-20 | 0.668 | 1.638058 |
| 2013-06-21 | 0.701 | 1.631751 |
| 2013-03-15 | 0.508 | 1.118450 |
| 2012-12-21 | 0.855 | 1.911042 |
| 2012-09-21 | 0.774 | 1.701847 |
| 2012-06-15 | 0.729 | 1.632699 |
| 2012-03-16 | 0.473 | 1.052514 |
| 2011-12-16 | 0.909 | 2.155561 |
| 2011-09-16 | 0.734 | 1.687744 |
| 2011-06-17 | 0.744 | 1.647476 |
| 2011-03-18 | 0.587 | 1.300111 |
| 2010-12-17 | 0.601 | 1.360652 |
| 2010-09-17 | 1.116 | 2.446832 |
| 2010-06-18 | 0.354 | 0.833922 |
| 2010-03-19 | 0.613 | 1.404353 |
| 2009-12-18 | 0.874 | 2.127556 |
| Attribute | Value |
|---|---|
| All Time High | 48.96 |
| All Time Low | 28.83 |
| Ask | 31.5 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 102,260 |
| Average Daily Volume3 Month | 73,454 |
| Average Volume | 73,454 |
| Average Volume10Days | 102,260 |
| Beta3 Year | 1.06 |
| Bid | 0.0 |
| Bid Size | 200 |
| Category | Preferred Stock |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 30.4 |
| Day Low | 30.33 |
| Dividend Yield | 7.06 |
| Eps Forward | 0.23 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 30.8552 |
| Fifty Day Average Change | -0.46520042 |
| Fifty Day Average Change Percent | -0.015076889 |
| Fifty Two Week Change Percent | -4.403901 |
| Fifty Two Week High | 33.77 |
| Fifty Two Week High Change | -3.380001 |
| Fifty Two Week High Change Percent | -0.100088865 |
| Fifty Two Week Low | 30.33 |
| Fifty Two Week Low Change | 0.059999466 |
| Fifty Two Week Low Change Percent | 0.0019782218 |
| Fifty Two Week Range | 30.33 - 33.77 |
| First Trade Date Milliseconds | 1,253,194,200,000 |
| Five Year Average Return | -0.0109904 |
| Forward P E | 132.13043 |
| Full Exchange Name | NYSEArca |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,253,059,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | State Street SPDR ICE Preferred Securities ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_65922825 |
| Nav Price | 30.43556 |
| Net Assets | 707,818,750.0 |
| Net Expense Ratio | 0.45 |
| Open | 30.39 |
| Previous Close | 30.4 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0100002 |
| Regular Market Change Percent | -0.0328955 |
| Regular Market Day High | 30.4 |
| Regular Market Day Low | 30.33 |
| Regular Market Day Range | 30.33 - 30.4 |
| Regular Market Open | 30.39 |
| Regular Market Previous Close | 30.4 |
| Regular Market Price | 30.39 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 97,436 |
| Short Name | State Street SPDR ICE Preferred |
| Source Interval | 15 |
| Symbol | PSK |
| Three Year Average Return | 0.0338077 |
| Total Assets | 707,818,752 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 0.98639 |
| Trailing Three Month Returns | 0.98639 |
| Triggerable | 1 |
| Two Hundred Day Average | 31.7744 |
| Two Hundred Day Average Change | -1.3844013 |
| Two Hundred Day Average Change Percent | -0.043569706 |
| Type Disp | ETF |
| Volume | 97,436 |
| Yield | 0.0706 |
| Ytd Return | -0.97753 |