State Street My2033 Corporate Bond ETF
MYCM
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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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.Quarterly Dividends 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 My2033 Corporate Bond ETF (MYCM) is an actively managed exchange-traded fund that seeks to maximize current income while preserving capital through targeted exposure to investment-grade corporate bonds maturing in 2033. Issued by State Street Global Advisors (SSGA) and launched on September 23, 2024, the fund invests at least 80% of its net assets in USD-denominated corporate bonds, including those with embedded issuer call options falling within the target maturity year; it employs a risk-aware top-down sector allocation combined with bottom-up security selection via fundamental research to overweight attractive issuers and sectors such as consumer non-cyclical (18.41%), electric utilities (16.10%), and energy (13.59%). The portfolio, comprising approximately 85 holdings with an option-adjusted duration of 6.05 years and an average weighted coupon of around 5.40%, tracks characteristics akin to the ICE 2033 Maturity US Corporate Index but operates without replicating it; designed as a target-maturity vehicle within the SPDR SSGA MyIncome ETF suite, MYCM aims to distribute remaining principal and liquidate on or about December 15, 2033, enabling investors to build custom bond ladders for interest rate risk management, cash flow planning, and liquidity needs. Headquartered in Boston, Massachusetts, through its sponsor SSGA Funds Management, Inc., an affiliate of State Street Corporation, the fund primarily targets institutional and retail fixed-income investors focused on U.S. investment-grade corporate debt in developed North American markets, with a gross expense ratio of 0.15% and assets under management of approximately $5 million as of late 2025. Since inception, no major acquisitions, funding rounds, partnerships, or strategic reorganizations have been reported, reflecting its recent launch and stable operational focus amid a low-volume trading environment; performance metrics as of September 30, 2025, show year-to-date NAV returns of 7.94% and a 30-day SEC yield of 4.67%, with top holdings including Philip Morris International, National Grid PLC, and Duke Energy Florida.