MYMK

SPDR SSGA My2031 Municipal Bond ETF

$25.09

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The SPDR SSGA My2031 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 My2031 Municipal Bond Index.

Overview

ETF tracking SPDR SSGA My2031 Municipal Bond ETF

Category Municipal Bonds

Issuer State Street

Inception Date 2025-09-17

Market Cap $5.0M

Average Volume N/A

Dividend Yield 0.32%

52-Week Range $24.93 - $25.16

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 are designed to mature around the year 2031. The fund aims to provide exposure to the municipal bond market with a target maturity date, offering investors a way to align their fixed income allocation with their investment time horizon.

✨ Key Features

Targets municipal bonds maturing around the year 2031
Seeks to track the performance of the Bloomberg Barclays My2031 Municipal Bond Index
Low expense ratio of 0.00%
Provides exposure to the municipal bond market with a defined maturity date

⚠️ 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 low liquidity, which could affect the fund's ability to sell its holdings
Concentration risk: The fund's focus on a specific maturity date may result in higher volatility compared to more diversified municipal bond funds

👤 Best For

The SPDR SSGA My2031 Municipal Bond ETF may be suitable for investors seeking exposure to the municipal bond market with a defined maturity date that aligns with their investment time horizon. It may be particularly appealing to investors looking for a low-cost, tax-efficient fixed income allocation as part of a diversified portfolio.