State Street My2027 Corporate Bond ETF (MYCG)
State Street My2027 Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.93, up 0.02% on the session, giving a market capitalisation of $37.4M. Its beta of 0.03 implies it has historically moved less than the broad market.
The State Street My2027 Corporate Bond ETF is an actively managed fund employing a target maturity approach. It primarily invests in corporate bonds scheduled to mature in 2027, with the intention of distributing all principal and liquidating around December 15, 2027. Its primary goals are to generate strong current income and preserve capital. This is achieved through a meticulous, risk-conscious investment process combining a broad market perspective (top-down) with in-depth analysis of individual securities (bottom-up). This rigorous fundamental research helps construct a portfolio strategically weighted towards the most appealing sectors and issuers. As a component of the State Street MyIncome ETFs suite, this fund contributes to a family of target maturity products. These offerings enable investors to efficiently build customized bond ladder portfolios, aiding in the management of interest rate sensitivity, predictable cash flows, and liquidity requirements.
State Street My2027 Corporate Bond ETF is most often compared with the following Financial Services names: