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Seeking Alpha

27 Jun 2026, 13:30 UTC · 2h ago

PSK: Not A Good Time For Preferred Stocks In My Opinion

NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.

What the story claims

3 claims · each scored for market impact

What matters in this story

1
The State Street SPDR ICE Preferred Securities ETF (PSK) has underperformed peers on 3- and 10-year total returns despite having the highest trailing twelve-month yield. — Persistent long-term underperformance relative to peers suggests structural weaknesses in the ETF's index tracking or asset allocation.
-0.30
2
PSK is rated as a 'HOLD' due to its inability to outpace inflation and limited upside in the current high-rate environment. — A neutral rating based on inflationary headwinds suggests a lack of catalyst for price appreciation in the near term.
-0.20
3
PSK maintains a high yield of over 6% with annualized volatility below 6%. — Low volatility combined with a steady income stream is attractive to risk-averse, income-focused investors.
+0.20

Which stocks this story touches

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