MYCJ

SPDR SSGA My2030 Corporate Bond ETF

$24.93

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The SPDR SSGA My2030 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SSGA My2030 Corporate Bond Index.

Overview

ETF tracking SPDR SSGA My2030 Corporate Bond ETF

Category Fixed Income

Issuer State Street

Inception Date 2024-09-24

Market Cap $21.2M

Average Volume N/A

Dividend Yield 3.90%

52-Week Range $23.95 - $25.18

VWAP $24.94

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR SSGA My2030 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SSGA My2030 Corporate Bond Index.

🎯 Investment Strategy

The fund invests in a diversified portfolio of U.S. corporate bonds with maturities that are expected to mature around the year 2030. The index and fund are designed to provide exposure to the U.S. corporate bond market with a target maturity date.

✨ Key Features

Targets a 2030 maturity date for the underlying bond portfolio
Diversified exposure to U.S. corporate bonds
Passively managed to track the SSGA My2030 Corporate Bond Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk as bond prices decline when interest rates rise
Credit risk if the financial condition of the bond issuers deteriorates
Liquidity risk if the bonds held become difficult to trade
Tracking error risk as the fund may not perfectly match the index performance

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. corporate bonds with a target maturity date around 2030, as part of a diversified fixed income allocation. It could be appropriate for investors with a medium-term investment horizon who want low-cost, passively managed access to this segment of the bond market.