# State Street My2032 Corporate Bond ETF (MYCL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mycl 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 My2032 Corporate Bond ETF is an actively managed fund with a defined maturity, primarily investing in corporate bonds slated to mature in 2032. The fund is structured to distribute all remaining principal and liquidate its holdings on or around December 15, 2032. Its main goals are to generate substantial current income while diligently working to preserve capital. This is accomplished through a sophisticated investment strategy: a risk-conscious, top-down assessment of market trends informs a thorough bottom-up selection of individual securities. Rigorous fundamental resea... ## Key Facts | Metric | Value | |---|---| | Price | $23.79 | | Expense Ratio | 0.15% | | Assets Under Management | $11.9M | | NAV | $23.82 | | Holdings Count | 112 | | Distribution Yield (TTM) | 4.80% | | Annual Distribution (TTM) | $1.14 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.44 – $25.35 | | Beta | 0.13 | ## Latest Distribution - Amount: $0.0975 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does MYCL invest in? The State Street My2032 Corporate Bond ETF is an actively managed fund with a defined maturity, primarily investing in corporate bonds slated to mature in 2032. The fund is structured to distribute all remaining principal and liquidate its holdings on or around December 15, 2032. Its main goals are to generate substantial current income while diligently working to preserve capital. This is accomplished through a sophisticated investment strategy: a risk-conscious, top-down assessment of market trends informs a thorough bottom-up selection of individual securities. Rigorous fundamental research underpins portfolio construction, aiming to allocate more capital to the most attractive sectors and bond issuers. This ETF is part of the State Street MyIncome ETF series, a suite of target maturity funds. These offerings enable investors to efficiently build customized bond ladder portfolios, thereby assisting in the management of interest rate exposure, cash flow planning, and liquidity needs. ### What is the expense ratio of MYCL? State Street My2032 Corporate Bond ETF (MYCL) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MYCL's dividend yield? MYCL's trailing-twelve-month yield is 4.80%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MYCL? Effective duration measures MYCL's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYCL's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MYCL? MYCL'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 MYCL? Yield to maturity (YTM) is the total return you'd earn from MYCL if every bond in the portfolio is held to maturity at the current price. MYCL'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 MYCL pay a dividend? Yes, State Street My2032 Corporate Bond ETF (MYCL) distributes dividends to shareholders. The trailing-twelve-month yield is 4.80%. Full dividend history is on this page. ### How often does MYCL pay dividends? State Street My2032 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 MYCL's next ex-dividend date? The most recently announced ex-dividend date for MYCL 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 MYCL'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 MYCL charge its expense ratio? The expense ratio is deducted in tiny daily slices from MYCL'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 MYCL cost more than a fund like VOO? MYCL 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 MYCL's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MYCL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MYCL (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/mycl - Distribution history: https://www.dividenddata.com/funds/mycl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mycl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mycl/expenses - Peer comparison: https://www.dividenddata.com/funds/mycl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.