State Street My2028 Corporate Bond ETF

Frequently Asked Questions About MYCH

What does MYCH invest in?

The State Street My2028 Corporate Bond ETF (MYCH) is an actively managed fund concentrating primarily on corporate debt instruments that mature in 2028. This ETF is structured with a specific target maturity, meaning it is scheduled to disburse its remaining principal and cease operations around December 15, 2028. Its primary objective is to generate substantial current income while diligently working to safeguard investors' capital through a risk-conscious approach. The investment strategy integrates a comprehensive top-down analysis with in-depth, bottom-up fundamental research to select securities, prioritizing the most compelling sectors and issuers. MYCH belongs to the State Street MyIncome ETF series, a collection of target maturity funds that empower investors to construct personalized bond ladder portfolios, thereby assisting in the management of interest rate fluctuations, predictable cash flows, and immediate liquidity requirements.

What is the expense ratio of MYCH?

State Street My2028 Corporate Bond ETF (MYCH) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MYCH's dividend yield?

MYCH's trailing-twelve-month yield is 4.37%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MYCH?

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

What is the credit quality of MYCH?

MYCH'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 MYCH?

Yield to maturity (YTM) is the total return you'd earn from MYCH if every bond in the portfolio is held to maturity at the current price. MYCH'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.