MYMH

SPDR SSGA My2028 Municipal Bond ETF

$24.65

+0.00%

Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The SPDR SSGA My2028 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 U.S. Municipal Bond 2028 Index.

Overview

ETF tracking SPDR SSGA My2028 Municipal Bond ETF

Category Municipal Bonds

Issuer State Street

Inception Date 2024-09-24

Market Cap $4.9M

Average Volume N/A

Dividend Yield 2.52%

52-Week Range $24.04 - $24.93

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 that mature in 2028, with the goal of providing exposure to the municipal bond market and generating tax-exempt income.

✨ Key Features

Targets municipal bonds maturing in 2028, providing exposure to a specific maturity range
Seeks to track the performance of the Bloomberg Barclays U.S. Municipal Bond 2028 Index
Designed to generate tax-exempt income for investors
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the ETF's holdings may decline if interest rates rise
Credit risk: The ETF 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 low liquidity, which could affect the ETF's ability to sell its holdings
Concentration risk: The ETF's focus on a specific maturity range may make it more vulnerable to market conditions affecting that segment of the municipal bond market

👤 Best For

The SPDR SSGA My2028 Municipal Bond ETF may be suitable for investors seeking exposure to the municipal bond market with a specific maturity focus, and who are looking to generate tax-exempt income as part of a diversified portfolio. Investors with a medium-term investment horizon and a moderate risk tolerance may find this ETF appropriate.