MYCG

SPDR SSGA My2027 Corporate Bond ETF

$25.02

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The SPDR SSGA My2027 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Corporate Bond 2027 Maturity Index.

Overview

ETF tracking SPDR SSGA My2027 Corporate Bond ETF

Category Fixed Income

Issuer State Street

Inception Date 2024-09-24

Market Cap $21.3M

Average Volume N/A

Dividend Yield 3.58%

52-Week Range $24.61 - $25.12

VWAP $25.03

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of corporate bonds that are designed to mature around the year 2027. The fund aims to provide exposure to the U.S. corporate bond market with a target maturity date.

✨ Key Features

Targets corporate bonds maturing around the year 2027
Seeks to track the performance of the Bloomberg Barclays U.S. Corporate Bond 2027 Maturity Index
Low expense ratio of 0.00%
Relatively low assets under management as a new fund

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the underlying corporate bonds experience downgrades or defaults
Liquidity risk for less actively traded bonds in the portfolio
Tracking error risk as the fund may not perfectly replicate the target index

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. corporate bond market with a target maturity date around 2027. It could be used as a component in a diversified fixed income portfolio. Investors should be comfortable with the risks associated with corporate bond investments and have a medium-term investment horizon.