# State Street My2029 Corporate Bond ETF (MYCI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/myci for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: SPDR · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2024-09-23 The State Street My2029 Corporate Bond ETF operates with an active management strategy, focusing its investments primarily on corporate bonds scheduled to mature in the year 2029. This fund is structured to liquidate and distribute any remaining principal around December 15, 2029. Its main investment goals are to generate substantial current income while simultaneously safeguarding capital. To achieve these objectives, the fund employs a disciplined, risk-conscious methodology, combining a broad top-down macroeconomic perspective with detailed, bottom-up fundamental analysis for individual... ## Key Facts | Metric | Value | |---|---| | Price | $24.45 | | Expense Ratio | 0.15% | | Assets Under Management | $86.6M | | NAV | $24.40 (2026-10-29 close) | | Holdings Count | 207 | | Distribution Yield (TTM) | 4.57% | | Annual Distribution (TTM) | $1.12 /share | | Distribution Frequency | Monthly | | 52-Week Range | $24.16 – $25.22 | | Beta | 0.06 | ## Latest Distribution - Amount: $0.0946 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does MYCI invest in? The State Street My2029 Corporate Bond ETF operates with an active management strategy, focusing its investments primarily on corporate bonds scheduled to mature in the year 2029. This fund is structured to liquidate and distribute any remaining principal around December 15, 2029. Its main investment goals are to generate substantial current income while simultaneously safeguarding capital. To achieve these objectives, the fund employs a disciplined, risk-conscious methodology, combining a broad top-down macroeconomic perspective with detailed, bottom-up fundamental analysis for individual security selection. This rigorous research process aims to allocate more capital to the most attractive sectors and issuers within the market. This ETF belongs to the State Street MyIncome family of target maturity funds, offering investors an effective way to construct personalized bond ladder portfolios to better manage interest rate fluctuations, optimize cash flow, and meet specific liquidity requirements. ### What is the expense ratio of MYCI? State Street My2029 Corporate Bond ETF (MYCI) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MYCI's dividend yield? MYCI's trailing-twelve-month yield is 4.57%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MYCI? Effective duration measures MYCI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYCI's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MYCI? MYCI'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 MYCI? Yield to maturity (YTM) is the total return you'd earn from MYCI if every bond in the portfolio is held to maturity at the current price. MYCI'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. ### Does MYCI pay a dividend? Yes, State Street My2029 Corporate Bond ETF (MYCI) distributes dividends to shareholders. The trailing-twelve-month yield is 4.57%. Full dividend history is on this page. ### How often does MYCI pay dividends? State Street My2029 Corporate Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MYCI's next ex-dividend date? The most recently announced ex-dividend date for MYCI was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will MYCI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.15% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MYCI charge its expense ratio? The expense ratio is deducted in tiny daily slices from MYCI's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MYCI cost more than a fund like VOO? MYCI is actively managed (current expense ratio 0.15%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether MYCI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MYCI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MYCI (0.15%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/myci - Distribution history: https://www.dividenddata.com/funds/myci/dividend - Holdings & diversification: https://www.dividenddata.com/funds/myci/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/myci/expenses - Peer comparison: https://www.dividenddata.com/funds/myci/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.