Expand MYCL Menu
MYCL MENU

MYCL ETF Profile


Family: State Street (SPDR)
Name: SPDR SSGA My2032 Corporate Bond ETF
Inception Date: 23-Sep-2024
Termination Date:
Investment Objective: The SPDR SSGA My2032 Corporate Bond ETF (the "Fund") seeks to maximize current income while seeking preservation of capital. The Fund primarily invests in corporate bonds maturing in the year 2026, which may include bonds with embedded issuer call options falling within that year. The Fund may also invest in corporate bonds with maturity dates within six months prior to or after the Fund's target maturity year. An embedded issuer call option means that the bond's issuer has the right to redeem a bond prior to its designated maturity date. The Fund is part of the MyIncome suite of target maturity bond ETFs and is designed to terminate on or about December 15, 2032, at which point the Fund will distribute its remaining net assets to shareholders pursuant to a plan of liquidation. The Fund primarily invests in U.S. dollar denominated corporate bonds rated investment grade at the time of purchase. The Fund may use derivative instruments (primarily futures contracts, interest rate and credit default swaps, and options on treasury futures) to manage yield, interest rate exposure (also known as duration), weighted average maturity, and exposure to credit quality.
Prospectus
Top 10 Holdings
Top 10 Holdings Weight:
Number of Holdings:
Shares Outstanding: 250,000
Total Net Assets: 5,989,225
NAV: 23.94
Net Expense Ratio: 0.15%
Asset Class: Bonds
Developed or Emerging: Developed Market Funds
Country: US
Region:
Strategy:
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration: Specific Maturity Year
Market Cap:
Credit Quality: Investment Grade Only
Mortgage Bond Types:
Bond Type: Corporate
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic