◆ Preferred Stock Research

ⓘ Guide

PRAB

STATE STREET(R) IG PUBLIC & PRIVATE ABS ETF
$24.98
last price

About this security

PRAB is a convertible preferred stock issued by STATE STREET(R) IG PUBLIC & PRIVATE ABS ETF . Current yield 5.01%.

STATE STREET(R) IG PUBLIC & PRIVATE ABS ETF : Overview ProAssurance Corporation is a holding company for property and casualty insurance companies. For the year ended December 31, 2025, our net premiums written totaled $0.9 billion, and at December 31, 2025 we had total assets of $5.4 billion and $1.3 billion of shareholders' equity. Our Mission We Protect Others Our Vision We will be the best in the world at understanding and providing solutions for the risks our customers encounter as healers, innovators, employers and professionals. Through an integrated family of specialty companies, products and services, we will be a trusted partner enabling those we serve to focus on their vital work. As the Employer of Choice, we embrace every day as a singular opportunity to reach for extraordinary outcomes, build and deepen superior relationships, advance diversity, equity and inclusion, and accomplish our mission with infectious enthusiasm and unbending integrity. Our Values Integrity, Leadership, Relationships, Enthusiasm ProAssurance is a U.S. based specialty property and casualty and workers' compensation insurance carrier. Our specialty property and casualty insurance products primarily include medical professional liability insurance and liability insurance for medical technology and life sciences risks. Our executive offices are located at 100 Brookwood Place, Birmingham, Alabama 35209 and our telephone number is (205) 877-4400. Our stock trades on the NYSE under the symbol “PRA.” Our website is www.proassurancegroup.com, and we maintain a dedicated Investor Relations section on that website (investor.proassurance.

Issuer page — all STATE STREET(R) IG PUBLIC & PRIVATE ABS ETF securities & profile →

Key Stats structural terms pending prospectus match

Recent Market Price
$24.98
Current Yield
5.01%
Yield to Call
Yield to Worst
5.01%
Original Coupon
Liq. Preference
par pending
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-06-01
Annual Dividend
$1.2526
Pay Frequency
monthly
Call Date
Maturity
Issued
2026-03-11
Cumulative
Redeemable
No
Convertible
Yes

⚠ Liquidation preference not yet confirmed from the prospectus ("par pending"), so premium/discount and yield-to-call are withheld rather than computed from an assumed value. Price, yield, and dividends are exact from the market feed.

Quote

 PRAB (preferred)
Last $24.98
Change +0.04 (+0.14%)
Open$24.98
High / Low $24.98 / $24.98
Prev Close$24.95
Volume2
52-Week High / Low $25.14 / $24.91

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

PRAB PRA (common)

Dividend History

Ex-DateAmount / Share
2026-06-01$0.104387
2026-05-01$0.097804
2026-04-01$0.067294

Performance

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News — STATE STREET(R) IG PUBLIC & PRIVATE ABS ETF

Issuer news via Tiingo, tagged to PRA.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at

A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.

Key terms
Yield
Annual income as a percentage of the current price. A higher yield means more income, though it is worth understanding why a yield is unusually high.
Par
The face value, almost always $25. It is the price the company can redeem the share at.
Discount / Premium
Whether the share trades below par (a discount) or above it (a premium).
Call date
The first date the company is allowed to buy the share back from you at par.
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