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PRSD
ETF ticker: NYSE ARCA
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PRSD stock forecast, quote, news & analysis

The investment seeks to maximize risk-adjusted return and provide current income... Show more

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Industry description

The investment seeks to maximize risk-adjusted return and provide current income. Under normal circumstances, SSGA Funds Management, Inc. invests at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in a portfolio of investment grade debt securities, including a combination of (i) public credit related investments and (ii) private credit investments including, but not limited to, those sourced by Apollo Global Securities, LLC. The fund will provide shareholders with at least sixty (60) days' notice prior to any change in its 80% investment policy. The fund is non-diversified.
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General Information

Category ShortTermBond

Category
Short-Term Bond
Address
One Lincoln StreetBoston
Phone
(866) 787-2257
Web
www.spdrs.com
PRSD stock forecast, quote, news & analysis