Wells Fargo Hybrid and Preferred Securities Aggregate Index ETF Tax Rates
Index Description
The Wells Fargo Hybrid and Preferred Securities Aggregate Index is a modified market capitalization weighted index composed of preferred stock and securities that are functionally equivalent to preferred stock including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.
ETFs Tracking The Wells Fargo Hybrid and Preferred Securities Aggregate Index
The following table presents sortable tax data for ETFs currently tracking the Wells Fargo Hybrid and Preferred Securities Aggregate Index.
As Of 05/25/2012
| Symbol | Name | ST Cap Gains Rate | LT Cap Gains Rate | Tax Form |
|---|---|---|---|---|
| PSK | SPDR Wells Fargo Preferred Stock ETF | 35% | 15% | 1099 |
Other Preferred Stock/Convertible Bonds ETFs
ETFdb staff has allocated each ETF in the ETF database, as well as each index, to a single "best-fit" ETFdb Category. Other ETFs in the Preferred Stock/Convertible Bonds ETFdb Category are presented in the following table.
As Of 05/25/2012| Symbol | Name | ST Cap Gains Rate | LT Cap Gains Rate | Tax Form |
|---|---|---|---|---|
| PFF | S&P US Preferred Stock Fund | 35% | 15% | 1099 |
| PGX | Preferred Portfolio | 35% | 15% | 1099 |
| PGF | Financial Preferred Portfolio | 35% | 15% | 1099 |
| CWB | SPDR Barclays Capital Convertible Bond ETF | 35% | 15% | 1099 |
| PSK | SPDR Wells Fargo Preferred Stock ETF | 35% | 15% | 1099 |
| IPFF | S&P International Preferred Stock Index Fund | 35% | 15% | 1099 |
| CNPF | Canada Preferred ETF | 35% | 15% | 1099 |
| CVRT | Convertible Securities Portfolio | 35% | 15% | 1099 |
Other Preferred Stock/Convertible Bonds Indexes
Other indexes tracked by ETFs in the Preferred Stock/Convertible Bonds ETFdb Category include:
- Barclays Capital U.S. Convertible Bond >$500MM Index
- BofA Merrill Lynch Core Fixed Rate Preferred Securities Index
- S&P U.S. Preferred Stock Index
- Wachovia Hybrid & Preferred Securities Financial Index
- Wells Fargo Hybrid and Preferred Securities Aggregate Index
- BofA Merrill Lynch All U.S. Convertibles Index
- Solactive Canada Preferred Index
- S&P International Preferred Stock Index
Mutual Funds Tracking Wells Fargo Hybrid and Preferred Securities Aggregate Index
ETF Database categorizes mutual funds for the Mutual Fund to ETF Converter tool. There are no mutual funds benchmarked against Wells Fargo Hybrid and Preferred Securities Aggregate Index.
