EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.
The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.
Distributor State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State ...