FTSE Group announced the launch of the FTSE NAREIT Preferred Stock Index. Available in real time and as end-of-day, the index is designed to track the performance of US REITs preferred stocks. This new index extends FTSE’s existing comprehensive range of real estate indices which cover global, developed and emerging markets.…
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
The FTSE NAREIT Preferred Stock Index represents the performance of all publicly traded, non-convertible, perpetual preferred stocks that meet a minimum size requirement of $50 million of face value, issued by companies that are members of the FTSE NAREIT All REITs Index. In common with all FTSE indices, this index is managed according to a publicly available set of rules. It is calculated on a market capitalisation weighted basis with capping to avoid single issuer concentration.
Source: ETFWorld – FTSE
Subscribe to Our Newsletter
