State Street My2028 Municipal Bond ETF (MYMH)
State Street My2028 Municipal Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $24.45, up 0.05% on the session, giving a market capitalisation of $6.1M. Its beta of 0.09 implies it has historically moved less than the broad market.
The State Street My2028 Municipal Bond ETF is a professionally managed, fixed-term investment vehicle that primarily holds municipal debt slated to mature in 2028. This fund is structured to distribute any remaining principal and finalize its liquidation around December 15, 2028. Its main objective is to generate significant current income that is exempt from federal taxation, while also prioritizing the safeguarding of investors' capital. The fund accomplishes this through a careful, multi-faceted investment approach, combining broad economic and market analysis (top-down) with detailed, bond-specific research (bottom-up) to construct a portfolio that strategically emphasizes the most appealing sectors and issuers. As part of the State Street MyIncome ETF series, this fund provides investors with an efficient tool for building customized bond ladder portfolios, aiding in the management of interest rate fluctuations, projected cash flows, and overall liquidity needs.
State Street My2028 Municipal Bond ETF is most often compared with the following Financial Services names: