State Street My2033 Corporate Bond ETF

Frequently Asked Questions About MYCM

What does MYCM invest in?

The State Street My2033 Corporate Bond ETF (MYCM) is an actively managed fund with a specific maturity target. It primarily invests in corporate debt instruments that are set to mature in 2033. This ETF is structured to distribute its final principal and cease operations around December 15, 2033. The fund's core objective is to generate strong current income while also preserving capital. It achieves this through a sophisticated, risk-conscious investment strategy that integrates a broad top-down market assessment with meticulous bottom-up security analysis. In-depth fundamental research is employed to construct a portfolio that strategically emphasizes the most compelling sectors and individual issuers. MYCM is part of the State Street MyIncome ETFs, a collection of target maturity funds designed to offer investors a streamlined way to build personalized bond ladder portfolios. This series helps investors effectively manage interest rate sensitivity, plan for predictable cash flows, and address their liquidity requirements.

What is the expense ratio of MYCM?

State Street My2033 Corporate Bond ETF (MYCM) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is MYCM's dividend yield?

MYCM's trailing-twelve-month yield is 4.82%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MYCM?

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

What is the credit quality of MYCM?

MYCM'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 MYCM?

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