State Street My2033 Corporate Bond ETF (MYCM)
State Street My2033 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 $24.24, up 0.09% on the session, giving a market capitalisation of $4.9M. Its beta of 0.14 implies it has historically moved less than the broad market.
The State Street My2033 Corporate Bond ETF (MYCM) is an actively managed fund with a specific maturity target. It primarily invests in corporate debt instruments that are set to mature in 2033. This ETF is structured to distribute its final principal and cease operations around December 15, 2033. The fund's core objective is to generate strong current income while also preserving capital. It achieves this through a sophisticated, risk-conscious investment strategy that integrates a broad top-down market assessment with meticulous bottom-up security analysis. In-depth fundamental research is employed to construct a portfolio that strategically emphasizes the most compelling sectors and individual issuers. MYCM is part of the State Street MyIncome ETFs, a collection of target maturity funds designed to offer investors a streamlined way to build personalized bond ladder portfolios. This series helps investors effectively manage interest rate sensitivity, plan for predictable cash flows, and address their liquidity requirements.
State Street My2033 Corporate Bond ETF is most often compared with the following Financial Services names: