SPDR SSGA MY2030 Corporate Bond Fund (MYCJ)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
MYCJ Chart
SPDR SSGA MY2030 Corporate Bond Fund Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MTW Masso Torrence Wealth Management Inc. Masso Torrence Wealth Management Inc. | 31,755 | $782,945.61 | $782,760.75 | -$184.86 | -0.02% |
 Christopher C. Powers Farther Finance Advisors, LLC | 31,499 | $787,790 | $776,135.36 | -$11,654.64 | -1.48% |
 Integrity Wealth Solutions LLC Integrity Wealth Solutions LLC | 8,195 | $205,394.38 | $201,924.8 | -$3,469.58 | -1.69% |
 Geoffrey A. Frazier Global Financial Private Client, LLC | 33,164 | $812,110.67 | $816,829.32 | $4,718.65 | 0.58% |
SPDR SSGA MY2030 Corporate Bond Fund (MYCJ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has SPDR SSGA MY2030 Corporate Bond Fund ever had a stock split?
SPDR SSGA MY2030 Corporate Bond Fund Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
SSGA Funds Management, Inc. is an investment management company that specializes in corporate bonds, with a strategic focus on instruments maturing in the year 2030. The company’s investment philosophy is geared towards maximizing returns by primarily investing in corporate bonds that have a specific maturity year, indicating a targeted investment approach. This strategy involves a commitment to invest at least 80% of the fund's net assets, in addition to any borrowings for investment purposes, in the specified class of bonds. Despite leaning towards investments in corporate bonds maturing in 2030, some of these bonds may feature issuer call options within the same year, adding an extra layer of complexity and potential for returns. The company operates with a non-diversified fund structure, implying a concentrated investment approach with potentially higher risks and rewards.
Products and Services
SSGA Funds Management, Inc. offers specialized investment products, focusing on corporate bonds with a particular maturity year. The following are the primary products and services provided:
- Corporate Bonds Investment - The cornerstone of SSGA Funds Management, Inc.’s offerings is its investment service in corporate bonds, primarily targeting bonds maturing in the year 2030. This service is designed for investors looking to capitalize on the specific time horizon and potential returns of such bonds. The focus on bonds that may carry issuer call options provides an added dimension of flexibility and risk management.
- Non-Diversified Fund Structure - As part of its investment philosophy, SSGA Funds Management operates a non-diversified fund. This approach allows for concentrated investments in specific assets, in this case, corporate bonds with a 2030 maturity. While this strategy may entail higher risk due to the lack of diversification, it also offers the potential for significant returns if the investments perform well.
