Key stats
About State Street Short Duration IG Public & Private Credit ETF
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Inception date
Sep 9, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
ISIN
US78470P5807
PRSD seeks to pursue excess returns and yield without compromising credit quality by investing in a diversified portfolio of USD denominated investment-grade public and private credit, with up to 20% in high-yield securities. Private credit, including Apollo-originated assets, typically makes up 1035% of the portfolio, varying by manager discretion and market conditions. Investments may also include private funds, interval funds, or BDCs, potentially managed by Apollo or affiliates. Apollo provides intra-day liquidity for private credit it sources (AOS Investments) via daily bids and periodic repurchases, supporting liquidity up to a certain extent. The funds investment universe includes a broad range of fixed income and credit-related securities and may use derivatives for hedging. It is actively managed with top-down and bottom-up analysis, targeting the most attractive sectors and issuers. Portfolio duration usually ranges from 1 to 3 years, and turnover may be high.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Securitized
Bonds, Cash & Other100.00%
Corporate44.28%
Government29.92%
Securitized25.76%
Cash0.04%
Stock breakdown by region
North America94.93%
Asia3.41%
Europe1.66%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PRSD invests in bonds. The fund's major sectors are Corporate, with 44.28% stocks, and Government, with 29.92% of the basket. The assets are mostly located in the North America region.
No, PRSD doesn't pay dividends to its holders.
PRSD shares are issued by State Street Corp. under the brand State Street. The ETF was launched on Sep 9, 2025, and its management style is Active.
PRSD expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
PRSD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRSD invests in bonds.