SPDR SSGA 2027 Corp Bond ETF (MYCG)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
MYCG Chart
SPDR SSGA 2027 Corp Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 D. Garet Strange Hobbs Group Advisors, LLC | 45,904 | $1.15M | $1.15M | -$3,223.2 | -0.28% |
 Geoffrey A. Frazier Global Financial Private Client, LLC | 8,044 | $198,847.71 | $200,657.58 | $1,809.87 | 0.91% |
| FDW Fourth Dimension Wealth LLC Fourth Dimension Wealth LLC | 30,395 | $761,666.87 | $758,580.17 | -$3,086.7 | -0.41% |
SPDR SSGA 2027 Corp Bond ETF (MYCG) FAQ
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SPDR SSGA 2027 Corp Bond ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
MYCG is a distinct component of the SPDR SSGA MyIncome suite, specifically designed as a held-to-maturity portfolio focusing on maximizing income for investors through active investment strategies. The portfolio chiefly invests in investment-grade, USD-denominated corporate bonds that have effective maturities in the year 2027. Managed with a keen eye on risk and combining both top-down and bottom-up investment approaches, MYCG meticulously assesses and selects each bond based on comprehensive fundamental research. Positioned as a target maturity bond ETF, it offers an innovative solution for investors looking to construct customized bond ladder portfolios. Scheduled to terminate and liquidate approximately on December 15, 2027, the fund is tailored to distribute the remaining assets to investors, though it's important to note that the fund does not guarantee any predetermined amount to be distributed at maturity. Over the course of its target maturity year, the fund's strategy may include reallocating assets from matured securities to cash and cash equivalents, which could result in a reduction of corporate bond holdings ahead of its planned liquidation date.
Products and Services
MYCG is primarily recognized for its unique offerings in the realm of bond investments, providing two main products and services:
- Held-To-Maturity Corporate Bond Portfolio:
This product is at the core of MYCG, offering investors the opportunity to engage in a portfolio that is fully invested in investment-grade, USD-denominated corporate bonds slated for maturation in 2027. This meticulously curated portfolio is designed to optimize income for investors through a strategic selection of bonds, employing a combination of risk-aware, top-down analysis and rigorous bottom-up security selection. It embodies a precise investment solution for those seeking to capitalize on corporate bonds nearing their maturity, promising a strategic blend of safety and returns.
- Target Maturity Bond ETFs within the SPDR SSGA MyIncome Suite:
As part of the broader SPDR SSGA MyIncome suite, MYCG provides a pivotal offering that enables investors to tailor their investment portfolios through target maturity bond ETFs. This feature is particularly beneficial for investors aiming to construct bond ladder portfolios, allowing for a diversified and structured approach to bond investment that can cater to different income needs and investment horizons. The inclusion of MYCG in this suite underscores its utility and flexibility as an investment tool, facilitating a focused yet adaptable bond investment strategy that aligns with investors' evolving requirements.
