State Street My2031 Corporate Bond ETF

Frequently Asked Questions About MYCK

What does MYCK invest in?

The State Street My2031 Corporate Bond ETF (MYCK) is an actively managed exchange-traded fund structured with a defined maturity. It primarily invests in corporate bonds scheduled to mature in 2031 and is designed to distribute all remaining principal and cease operations around December 15, 2031. The fund aims to maximize current income while diligently safeguarding capital. Its investment methodology combines a risk-aware, top-down strategy for identifying attractive sectors and issuers with meticulous bottom-up fundamental research for security selection, resulting in a portfolio that strategically overweights the most promising opportunities. MYCK is part of the State Street MyIncome ETF series, a collection of target maturity funds that enable investors to build customized bond ladder portfolios to effectively manage interest rate sensitivity, cash flow generation, and liquidity needs.

What is the expense ratio of MYCK?

State Street My2031 Corporate Bond ETF (MYCK) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MYCK's dividend yield?

MYCK's trailing-twelve-month yield is 4.64%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MYCK?

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

What is the credit quality of MYCK?

MYCK'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 MYCK?

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