State Street My2031 Corporate Bond ETF (MYCK)
State Street My2031 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 $24.55, up 0.04% on the session, giving a market capitalisation of $6.1M. Its beta of 0.11 implies it has historically moved less than the broad market.
The State Street My2031 Corporate Bond ETF (MYCK) is an actively managed exchange-traded fund structured with a defined maturity. It primarily invests in corporate bonds scheduled to mature in 2031 and is designed to distribute all remaining principal and cease operations around December 15, 2031. The fund aims to maximize current income while diligently safeguarding capital. Its investment methodology combines a risk-aware, top-down strategy for identifying attractive sectors and issuers with meticulous bottom-up fundamental research for security selection, resulting in a portfolio that strategically overweights the most promising opportunities. MYCK is part of the State Street MyIncome ETF series, a collection of target maturity funds that enable investors to build customized bond ladder portfolios to effectively manage interest rate sensitivity, cash flow generation, and liquidity needs.
State Street My2031 Corporate Bond ETF is most often compared with the following Financial Services names: