# State Street My2029 Municipal Bond ETF (MYMI): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mymi 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 My2029 Municipal Bond ETF operates as an actively managed investment vehicle with a specific target maturity. It primarily invests in municipal bonds that are set to mature in 2029 and is designed to cease operations, returning all remaining principal to investors, around December 15, 2029. The fund's objectives are to maximize current income, which is exempt from federal income taxes, while diligently working to preserve capital. It employs a sophisticated investment strategy that blends a risk-aware, top-down macroeconomic perspective with detailed bottom-up security anal... ## Key Facts | Metric | Value | |---|---| | Price | $24.15 | | Expense Ratio | 0.20% | | Assets Under Management | $14.6M | | NAV | $24.27 | | Holdings Count | 109 | | Distribution Yield (TTM) | 2.83% | | Annual Distribution (TTM) | $0.68 /share | | Distribution Frequency | Monthly | | 52-Week Range | $23.72 – $24.98 | | Beta | 0.13 | ## Latest Distribution - Amount: $0.0576 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does MYMI invest in? The State Street My2029 Municipal Bond ETF operates as an actively managed investment vehicle with a specific target maturity. It primarily invests in municipal bonds that are set to mature in 2029 and is designed to cease operations, returning all remaining principal to investors, around December 15, 2029. The fund's objectives are to maximize current income, which is exempt from federal income taxes, while diligently working to preserve capital. It employs a sophisticated investment strategy that blends a risk-aware, top-down macroeconomic perspective with detailed bottom-up security analysis. Through rigorous fundamental research, the portfolio is constructed to strategically allocate more capital to the most attractive sectors and issuers. This ETF is part of the State Street MyIncome ETFs, a family of target-maturity funds created to enable investors to efficiently build tailored bond ladder portfolios. This functionality helps in mitigating interest rate risks, optimizing cash flow streams, and fulfilling specific liquidity needs. ### What is the expense ratio of MYMI? State Street My2029 Municipal Bond ETF (MYMI) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MYMI's dividend yield? MYMI's trailing-twelve-month yield is 2.83%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of MYMI? Effective duration measures MYMI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MYMI's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of MYMI? MYMI'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 MYMI? Yield to maturity (YTM) is the total return you'd earn from MYMI if every bond in the portfolio is held to maturity at the current price. MYMI'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 MYMI pay a dividend? Yes, State Street My2029 Municipal Bond ETF (MYMI) distributes dividends to shareholders. The trailing-twelve-month yield is 2.83%. Full dividend history is on this page. ### How often does MYMI pay dividends? State Street My2029 Municipal 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 MYMI's next ex-dividend date? The most recently announced ex-dividend date for MYMI 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 MYMI's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% 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 MYMI charge its expense ratio? The expense ratio is deducted in tiny daily slices from MYMI'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 MYMI cost more than a fund like VOO? MYMI is actively managed (current expense ratio 0.20%). 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 MYMI's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MYMI? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as MYMI (0.20%) 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/mymi - Distribution history: https://www.dividenddata.com/funds/mymi/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mymi/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mymi/expenses - Peer comparison: https://www.dividenddata.com/funds/mymi/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.