State Street Short Duration IG Public & Private Credit ETF

State Street Short Duration IG Public & Private Credit ETF is an actively managed bond fund designed to provide diversified exposure to investment-grade debt securities with short durations. The fund primarily invests in a blend of public credit instruments and private credit opportunities, targeting a portfolio duration of one to three years. The fund allocates between 10-35% of assets to private credit instruments sourced through Apollo Global Securities, which are selected through rigorous fundamental research and macroeconomic analysis. The remaining portfolio consists of public investment-grade securities across multiple sectors, including Treasuries, industrial bonds, and mortgage-backed securities. Managed by State Street Investment Management's Active Fixed Income Team, the fund employs a risk-aware, top-down macroeconomic approach combined with bottom-up security selection to seek attractive risk-adjusted returns alongside current income. The fund serves investors seeking exposure to both traditional and alternative credit markets within a short-duration framework, offering liquidity and transparency typical of exchange-traded fund structures.