State Street My2030 Corporate Bond ETF

Frequently Asked Questions About MYCJ

What does MYCJ invest in?

The State Street My2030 Corporate Bond ETF (MYCJ) is an actively managed investment vehicle that primarily invests in corporate debt instruments scheduled to mature in the year 2030. This fund is structured as a target maturity ETF, meaning it is designed to distribute its remaining principal and conclude its operations around December 15, 2030. Its core investment mandate is to optimize current income for shareholders while concurrently safeguarding their invested capital. The management team employs a sophisticated, risk-conscious strategy that integrates a high-level market perspective with detailed, granular analysis of individual securities. This involves rigorous fundamental research to identify and selectively overweight the most compelling sectors and issuers within the corporate bond market. MYCJ belongs to the State Street MyIncome ETF family, a suite of target maturity products that empower investors to construct bespoke bond ladder portfolios. This structure is particularly beneficial for mitigating interest rate volatility, optimizing cash flow management, and addressing specific liquidity demands.

What is the expense ratio of MYCJ?

State Street My2030 Corporate Bond ETF (MYCJ) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MYCJ's dividend yield?

MYCJ's trailing-twelve-month yield is 4.67%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MYCJ?

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

What is the credit quality of MYCJ?

MYCJ'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 MYCJ?

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