S&P to rebalance preferred stock index on Jan. 16 with six additions

By Marisa Wong

Madison, Wis., Jan. 5 – S&P Dow Jones Indices announced January’s rebalancing results for the S&P U.S. Preferred Stock index. The changes will be effective as of the close of business on Jan. 16.

The changes include the addition of the following series of preferreds (and their ticker symbols):

• Wells Fargo Real Estate Investment Corp. cumulative perpetual preferred shares, series A (WFE PR A);

• Public Storage depositary shares representing 1/1000th cumulative preferred shares, series A (PSA PR A);

• State Street Corp. depositary shares representing 1/4000th 6% non-cumulative perpetual preferred shares, series E (STT PR E);

• Capital One Financial Corp. depositary shares representing 1/40th 6.7% non-cumulative perpetual preferred shares, series D (COF PR D);

• T-Mobile US Inc. 5.5% mandatory convertible preferred shares, series A (TMUS PR A); and

• Dynegy Inc. 5.375% mandatory convertible shares, series A (DYN PR A).

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