MYMF

SPDR SSGA My2026 Municipal Bond ETF

$24.93

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR SSGA My2026 Municipal Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays Municipal 2026 Index.

Overview

ETF tracking SPDR SSGA My2026 Municipal Bond ETF

Category Municipal Bonds

Issuer State Street

Inception Date 2024-09-24

Market Cap $12.5M

Average Volume N/A

Dividend Yield 2.39%

52-Week Range $24.44 - $25.09

VWAP N/A

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of municipal bonds with maturities that are expected to mature or be redeemed by the end of 2026. The fund aims to track the performance of the underlying index by holding a representative sample of the bonds in the index.

✨ Key Features

Targets municipal bonds maturing in 2026, providing exposure to a defined maturity date
Seeks to provide tax-exempt income by investing in municipal bonds
Passively managed to track the performance of the Bloomberg Barclays Municipal 2026 Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the municipal bonds it holds
Liquidity risk: The municipal bond market may experience periods of lower liquidity, which could affect the fund's ability to sell its holdings
Concentration risk: The fund's focus on a single maturity year may make it more volatile than a more diversified municipal bond fund

👤 Best For

This ETF may be suitable for investors seeking tax-exempt income and exposure to municipal bonds maturing in 2026. It may be particularly appropriate for investors with a medium-term investment horizon who want to limit interest rate risk by investing in a defined-maturity fund.