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. The ETF has a net expense ratio of 59 basis points. PRSD seeks to execute on its investment objectives by primarily investing in short-term investment-grade debt. This includes both public and private credit instruments. This pr ...