ETF Quote Details
|NAV (month end)||43.37|
|Premium (+)/Discount (-) (month end)||+0.89|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$2.84 (6.44%)|
|Issuer||STATE STREET GLOBAL ADVISORS|
This index composed of preferred stock & securities that are functionally equivalent to preferred stock including but not limited to, depositary preferred securities, perpetual subordinated debt & certain securities issued by banks & other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.
The SPDR Wells Fargo Preferred Stock ETF seeks to replicate as closely as possible, before fees and expenses, the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index.