Symbols

PRIV

State Street IG Public & Private Credit ETF·ARCA

--(--)

Key Stats

Assets Under Management

825.21MUSD

Fund Flow (1Y)

760.43MUSD

Dividend Yield

4.48%

Discount / Premium to NAV

-0.01%

Shares Outstanding

32.85M

Expense Ratio

0.55%

About State Street IG Public & Private Credit ETF

Issuer

State Street Global Advisors

Brand

State Street

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-ig-public-private-credit-etf-priv

Inception Date

Feb 26, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

40.00%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

PRIV is the first to offer private credit in an ETF structure via an agreement with Apollo Global Securities (AOS Investments). This actively managed fund invests broadly across debt securities, including public and private credit investments. This unique arrangement with Apollos commitment to buy the private debt piece allows the funds private exposure to exceed the usual 15% illiquid securities limit. The fund targets 80% investment grade but may invest up to 20% in high-yield bonds and 35% in illiquid securities. Debt securities may include US government-issued bonds, corporate bonds, and credit securities. Using a risk-aware, top-down approach and a bottom-up, fundamentals-driven selection process, the fund overweights sectors and issuers perceived to be most attractive. It may also invest in non-US debt securities, including emerging markets. Prior to March 21, 2025, it traded as SPR SSGA Apollo IG Public & Private Credit ETF.