State Street IG Public & Private ABS ETF (PRAB)

State Street IG Public & Private ABS ETF (PRAB) is an exchange-traded fund in the Securitized Bond Diversified category. It has $24.64M in assets and an expense ratio of 0.39%. Under normal circumstances, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) invests at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in a portfolio of investment grade asset-backed securities (“ABS”), including a combination of (i) public ABS and (ii) private ABS including, but not limited to, those sourced by Apollo Global Securities, LLC (“Apollo”). It is non-diversified.