State Street My2027 Corporate Bond ETF

Frequently Asked Questions About MYCG

What does MYCG invest in?

The State Street My2027 Corporate Bond ETF is an actively managed fund employing a target maturity approach. It primarily invests in corporate bonds scheduled to mature in 2027, with the intention of distributing all principal and liquidating around December 15, 2027. Its primary goals are to generate strong current income and preserve capital. This is achieved through a meticulous, risk-conscious investment process combining a broad market perspective (top-down) with in-depth analysis of individual securities (bottom-up). This rigorous fundamental research helps construct a portfolio strategically weighted towards the most appealing sectors and issuers. As a component of the State Street MyIncome ETFs suite, this fund contributes to a family of target maturity products. These offerings enable investors to efficiently build customized bond ladder portfolios, aiding in the management of interest rate sensitivity, predictable cash flows, and liquidity requirements.

What is the expense ratio of MYCG?

State Street My2027 Corporate Bond ETF (MYCG) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MYCG's dividend yield?

MYCG's trailing-twelve-month yield is 4.29%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MYCG?

Effective duration measures MYCG's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYCG's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MYCG?

MYCG's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MYCG?

Yield to maturity (YTM) is the total return you'd earn from MYCG if every bond in the portfolio is held to maturity at the current price. MYCG's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.