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SPDR SSGA My2034 Corporate Bond ETF

$24.82

+0.00%

Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The SPDR SSGA My2034 Corporate Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Bloomberg Barclays U.S. Corporate Bond Index maturing in 2034.

Overview

ETF tracking SPDR SSGA My2034 Corporate Bond ETF

Category Fixed Income

Issuer State Street

Inception Date 2024-09-24

Market Cap $7.4M

Average Volume N/A

Dividend Yield 4.08%

52-Week Range $23.50 - $25.20

VWAP $24.82

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of U.S. corporate bonds with maturities targeted around the year 2034. The fund aims to track the performance of the underlying index by holding a representative sample of the index constituents.

✨ Key Features

Targets corporate bonds maturing around the year 2034
Seeks to track the performance of the Bloomberg Barclays U.S. Corporate Bond Index
Diversified portfolio of U.S. investment-grade corporate bonds
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the bonds may decline as interest rates rise
Credit risk: The risk of default or downgrade by the issuers of the underlying bonds
Liquidity risk: The potential difficulty in selling the fund's holdings
Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. investment-grade corporate bonds with a maturity profile targeted around the year 2034. It could be a component of a diversified fixed-income portfolio for investors with a moderate risk tolerance and a medium-term investment horizon.