FTSE US Preferred Stock and Hybrids Index Series

The FTSE US Preferred Stock and Hybrids Index Series is designed to provide a performance measure of preferred stock and other hybrid instruments issued in the US and denominated in USD. Hybrid securities exhibit both bond- and equity-like features.

Index rules should be read in conjunction with supportingFTSE Russell noticesThese notices advise of advance changes in index methodology, which may not be reflected in index rules until the change effective date. The notices may also communicate revisions in index treatment in the period up to a rule change.