State Street My2028 Municipal Bond ETF
MYMH
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 My2028 Municipal Bond ETF (MYMH) is an actively managed exchange-traded fund that provides targeted exposure to a portfolio of investment-grade, U.S. dollar-denominated municipal bonds with effective maturities primarily in 2028; the fund employs a risk-aware top-down sector allocation combined with bottom-up security selection through rigorous fundamental research to overweight attractive issuers and sectors while seeking to maximize current income exempt from regular federal income taxes and preserve capital. Key portfolio characteristics include approximately 60 holdings across sectors such as municipal appropriation debt, higher education, school districts, state general obligations, cities, water and sewer, and electricity and public power; credit quality is predominantly investment-grade with weights of 20.52% AAA, 46.64% AA, and 28.95% A rated securities; and the portfolio features an option-adjusted duration of 2.25 years and a 30-day SEC yield of 2.95% as of September 30, 2025. The fund, which is benchmarked against the ICE 2028 Maturity US Broad Municipal Index, operates within the municipal bond segment of the fixed income market, targeting investors seeking tax-exempt income, interest rate management, and predictable cash flows through its target maturity structure designed to distribute remaining principal and liquidate on or about December 15, 2028; it forms part of the SPDR SSGA MyIncome ETFs suite, enabling custom bond ladder strategies. Launched on September 23, 2024, by State Street Global Advisors (SSGA Funds Management, Inc.), with headquarters in Boston, Massachusetts, MYMH trades on the Nasdaq under ticker MYMH (CUSIP 78470P697) and maintains assets under management of approximately $6 million with a gross expense ratio of 0.20%. Recent developments include ongoing monthly dividend distributions, such as $0.0604 per share declared on December 1, 2025, and consistent performance updates showing year-to-date NAV returns of 2.23% as of September 30, 2025, with no reported acquisitions, partnerships, or strategic shifts since inception owing to its recent launch and defined target maturity focus.