SPDR Wells Fargo Preferred Stock is an open-end investment management company. The Fund seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments. As of June 30 2015, the Fund's total assets and investment porfolio totaled $362,029,103 and $332,088,048, respectively. The PSK stock yearly return is shown above.
The yearly return on the PSK stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PSK annual return calculation with any dividends reinvested as applicable (on ex-dates).
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