Browse everything: Tickers A–Z · Issuers · Comparisons · Tags
PRAB ETF — State Street IG Public & Private ABS ETF
State Street IG Public & Private ABS ETF (PRAB)
Updated October 16, 2026.
Verdict as of October 16, 2026
PRAB's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (50/100, low confidence). It pays monthly and its distribution rate is 4.88%. The latest total cash payment per current share, $0.1005 with an ex-date of October 1, 2026, was 6.5% lower than the previous $0.1075. These payments are unclassified; this does not establish a base-dividend change.
Sources: State Street, Section 19a-1 notices, scoring methodology.
PRAB is an ETF. its distribution rate is 4.88%, its trailing-12-month yield is 2.76%, its expense ratio is 0.39%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 1.5% over the past 0.6 years, 12.2 points behind SPY at 13.7%.
State Street IG Public & Private ABS ETF is an exchange-traded fund that invests at least 80% of its assets in investment-grade asset-backed securities, combining publicly traded ABS with private ABS sourced through Apollo Global Securities. The fund's distribution frequency and yield profile are not yet established, as this is a newly launched fund. The fund may appeal to fixed-income investors seeking exposure to asset-backed securities across both public and private markets.
PRAB dividend yield and income
Price as of 2026-10-16.
The distribution rate (4.88%) uses calculation basis unavailable. Trailing-12-month yield (2.76%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.10052. The ex-dividend date is 10/01/2026. The payment date is 10/06/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-10-01 | $0.10052 | -6.5% Unclassified cash |
| 2026-09-01 | $0.10748 | 3.4% Unclassified cash |
| 2026-08-03 | $0.10398 | 3.2% Unclassified cash |
| 2026-07-01 | $0.10076 | -3.5% Unclassified cash |
| 2026-06-01 | $0.10439 | 6.7% Unclassified cash |
| 2026-05-01 | $0.0978 | 45.3% Unclassified cash |
| 2026-04-01 | $0.06729 | — |
| 2026 YTD total (partial launch year) | $0.68222 | — |
PRAB holdings and sector exposure
Holdings are not available for this snapshot.
PRAB performance versus SPY
Price and return data through 2026-10-16.
Total return is 1.5% over the past 0.6 years, 12.2 points behind SPY at 13.7%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | 0.1% | — |
| 3M | 0.4% | — |
| 6M | 1.2% | — |
| YTD | 1.5% | — |
| Since inception (0.6 years) | 1.5% | — |
PRAB key facts
- Distribution Safety Score™
- 50 · Unproven
- Issuer
- State Street
- Asset type
- ETF
- Asset class
- Fixed Income
- Inception date
- 03/09/2026
- Expense ratio
- 0.39%
- Distribution rate
- 4.88%
- Distribution frequency
- Monthly
- Trailing yield
- 2.76%
- Last close
- $24.74 (as of 2026-10-16)
- AUM
- $24,554,965
- Average volume
- 1306.0
- Dividend
- $0.10052
- Ex-dividend date
- 10/01/2026
- Payment date
- 10/06/2026
- Beta
- 0.0233
How Dividend Vision calculates yield and returns
Distribution rate (4.88%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.76%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: State Street; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
PRAB risks and drawbacks
Total return has trailed SPY over the available window.
Who may consider PRAB — and who may not
PRAB may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
More on PRAB
Frequently asked questions
Does PRAB pay monthly?
Yes. PRAB currently pays monthly.
What is PRAB's expense ratio?
PRAB's expense ratio is 0.39%.
What is PRAB's dividend yield?
PRAB's distribution rate is 4.88%, paid monthly, with a 0.39% expense ratio — calculation basis unavailable.
When does PRAB pay a dividend?
PRAB pays monthly. The dividend amount is $0.10052. The ex-dividend date is 10/01/2026. The payment date is 10/06/2026.
How has PRAB performed?
Total return is 1.5% over the past 0.6 years, 12.2 points behind SPY at 13.7%.
Is PRAB a good investment?
PRAB's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 4.88% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
More securities from State Street.
Tickers
Holdings as-of date unavailable.
| Ticker | Name | Weight |
|---|
See how this investment would fit into your portfolio.