State Street My2028 Corporate Bond ETF
MYCH
NASDAQ Global Market- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Sep 25, 2024
- CIK
- 0001516212
- Website
- ssga.com
- Similar Companies
- Business
- SPDR SSGA My2028 Corporate Bond ETF (MYCH) is an actively managed exchange-traded fund that provides targeted exposure to a portfolio of primarily investment-grade U.S. corporate bonds maturing in 2028, employing a risk-aware top-down approach combined with bottom-up security selection to maximize current income while seeking capital preservation; the fund is designed to distribute remaining principal and liquidate on or about December 15, 2028. Launched on September 23, 2024, and issued by State Street Global Advisors (SSGA), now operating as State Street Investment Management and headquartered at One Iron Street, Boston, Massachusetts, MYCH forms part of the SPDR SSGA MyIncome ETFs suite, enabling investors to construct custom bond ladders for managing interest rate risk, cash flows, and liquidity. The portfolio comprises approximately 145 holdings with an option-adjusted duration of 2.35 years and a 30-day SEC yield of 4.10% as of September 30, 2025, featuring sector allocations led by consumer non-cyclical (20.54%), technology (13.63%), and banking (12.53%), alongside a credit quality breakdown dominated by Baa-rated bonds (63.08%), A-rated (33.88%), and smaller portions in higher grades; top holdings include bonds from issuers such as JPMorgan Chase, L3Harris Technologies, Toyota Motor, Extra Space Storage, and others. Geographically focused on U.S. dollar-denominated securities from developed North American markets, the fund targets institutional and retail fixed-income investors seeking defined-maturity strategies benchmarked against the ICE 2028 Maturity US Corporate Index, with a gross expense ratio of 0.15% and assets under management around $28 million. Since its recent inception less than 15 months ago, MYCH has delivered a cumulative NAV total return of 4.63% through September 30, 2025, reflecting steady performance amid its short operating history with no reported acquisitions, partnerships, funding rounds, or major strategic shifts to date.