- What does MYMG invest in?
- The State Street My2027 Municipal Bond ETF operates as an actively managed investment vehicle utilizing a target maturity strategy. Its primary focus is investing in municipal bonds that mature in 2027, with the intention of distributing any remaining principal and liquidating its holdings on or about December 15, 2027. This fund aims to generate the highest possible current income, which is exempt from standard federal income taxes, while simultaneously striving for capital preservation. Its investment methodology combines a risk-conscious, top-down strategic outlook with meticulous bottom-up security selection. Through thorough fundamental research, the portfolio is constructed to strategically overweight the most compelling sectors and issuers within the municipal bond market. As part of the State Street MyIncome ETFs—a family of target-maturity funds—this ETF provides investors with an efficient tool to create tailored bond ladder portfolios, helping them manage interest rate exposure, predict cash flows, and address liquidity requirements.
- What is the expense ratio of MYMG?
- State Street My2027 Municipal Bond ETF (MYMG) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.
- What is MYMG's dividend yield?
- MYMG's trailing-twelve-month yield is 2.84%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of MYMG?
- Effective duration measures MYMG's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYMG's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of MYMG?
- MYMG'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 MYMG?
- Yield to maturity (YTM) is the total return you'd earn from MYMG if every bond in the portfolio is held to maturity at the current price. MYMG'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.
