MYCM

SPDR SSGA My2033 Corporate Bond ETF

$24.89

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The SPDR SSGA My2033 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: My2033 Index.

Overview

ETF tracking SPDR SSGA My2033 Corporate Bond ETF

Category Fixed Income

Issuer State Street

Inception Date 2024-09-24

Market Cap $5.0M

Average Volume N/A

Dividend Yield 3.91%

52-Week Range $23.61 - $25.27

VWAP $24.94

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in a diversified portfolio of U.S. corporate bonds with a target maturity date of 2033. The portfolio is designed to provide exposure to the U.S. corporate bond market with a focus on bonds maturing around the year 2033.

✨ Key Features

Targets corporate bonds maturing around the year 2033
Diversified portfolio of U.S. corporate bonds
Seeks to track the performance of the Bloomberg Barclays U.S. Corporate Bond: My2033 Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Maturity risk: The fund's focus on bonds maturing around 2033 may increase sensitivity to changes in interest rates

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. corporate bond market with a focus on bonds maturing around the year 2033. It may be appropriate for investors with a medium-term investment horizon and a moderate risk tolerance.