SPDR SSGA IG Public & Private Credit ETF

PRIV

Market cap $106M

After years of researching equities, my research has started trending toward alternatives — including crypto, commodities, and private markets. It is not that equities have gone out of favor.

ETF inflows are already at record annual flows. Todd Rosenbluth, VettaFi head of research, on what's driving the momentum and the trends that are standing out.

Private credit isn't necessarily new to retail investors. In fact, closed-end funds (CEFs) and business development companies (BDCs) have been giving everyday investors access to private loans and middle-market financing for years (see my previous note here).

On Wednesday, State Street Investment Management expanded its suite of exchange traded funds with the launch of the State Street Short Duration IG Public & Private Credit ETF (PRSD).  An actively managed fund, PRSD looks to offer a blend of risk-adjusted returns and current income.

Forget the summer cinema season — the trends unfolding in the ETF industry thus far have been a must-watch affair.

Lately it seems as if most roads lead to the democratization of private markets.

income environment certainly isn't immune to the cause and effects of tariff contagion permeating in the financial markets. Bonds can serve as an ideal ballast for a portfolio in times of market uncertainty.

Private-credit ETFs aren't in 401(k)s yet — but they are Wall Street's latest effort to bring private assets to the masses and, eventually, into retirement plans.

On this week's episode of ETF Prime, Roxanna Islam, Head of Sector & Industry Research at VettaFi, discusses the latest updates in crypto ETFs. Later, Matt Bartolini, Head of Americas ETF Research at State Street Global Advisors, shares insights on recent market trends and SPDR ETFs.

Exchange-traded funds (ETFs) and closed-end funds (CEFs) are wrappers that share basic similarities. While ETFs are much newer, they have become the preferred vehicle for many investors due to their tax efficiency, transparency, and simplicity.