MYCO
SPDR SSGA My2035 Corporate Bond ETF
📎 Investment Objective
The SPDR SSGA My2035 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SSGA My2035 Corporate Bond Index.
Overview
ETF tracking SPDR SSGA My2035 Corporate Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR SSGA My2035 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the SSGA My2035 Corporate Bond Index.
🎯 Investment Strategy
The fund invests in a diversified portfolio of corporate bonds with maturities that are expected to align with the 2035 target retirement date. The portfolio is designed to gradually become more conservative over time as the target date approaches.
✨ Key Features
- Target date fund structure with a 2035 retirement horizon
- Invests in a diversified portfolio of investment-grade corporate bonds
- Expense ratio of 0.00%
- Relatively low assets under management as a new fund
⚠️ Primary Risks
- Interest rate risk as bond prices decline when rates rise
- Credit risk if corporate bond issuers default on payments
- Liquidity risk for less-traded bonds in the portfolio
- Reinvestment risk as maturing bonds may need to be reinvested at lower yields
👤 Best For
This ETF may be suitable for investors with a 2035 target retirement date who are seeking a diversified, low-cost bond portfolio that automatically becomes more conservative over time. It is best suited for long-term, buy-and-hold investors with a moderate risk tolerance.
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