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Stock impact report

State Street Investment Management Launches Investment-Grade Public and Private ABS ETF [Yahoo! Finance]

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Company Research Source: Yahoo! Finance
BOSTON, March 11, 2026 BUSINESS WIRE State Street Investment Management today announced the launch of the State Street ® IG Public & Private ABS ETF (PRAB), an actively managed exchange-traded fund designed to expand investor access to a rapidly growing, higher-quality segment of the global credit markets. PRAB primarily allocates to investment-grade asset-backed securities (ABS), both public and private, including collateralized loan obligations (CLOs) as well as residential and commercial mortgage-backed securities. The fund's innovative exposure to both public and private ABS addresses increasing investor demand for higher rated income-oriented strategies. The fund's private ABS allocation may include, but is not limited to, securities sourced by Apollo Global Securities, LLC. By allocating across a wide range of investment-grade ABS, including ABS sectors that historically have had limited or no representation in the Bloomberg US Aggregate Bond Index, PRAB may serve as an eff Show less Read more
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