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PRIV ETF Thrives Amid Market Volatility, Outperforms Bonds

3/17/2025

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Summary

Story summary

Markets have faced challenges this month, with volatility affecting both stocks and bonds.
The SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) has excelled, allocating 80% to investment-grade debt and 20% to junk-rated securities.
Since its launch on February 27, PRIV has outperformed many bond segments, mainly investing in agency MBS and Treasuries.
Its valuation approach for private securities is ambiguous, yet it trades at a premium to its net asset value.

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Story summary

Markets have faced challenges this month, with volatility affecting both stocks and bonds.
The SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) has excelled, allocating 80% to investment-grade debt and 20% to junk-rated securities.
Since its launch on February 27, PRIV has outperformed many bond segments, mainly investing in agency MBS and Treasuries.
Its valuation approach for private securities is ambiguous, yet it trades at a premium to its net asset value.