SPDR SSGA My2035 Corporate Bond ETF (MYCO)

Overview

The State Street My2035 Corporate Bond ETF utilizes an actively managed target maturity strategy tailored to provide significant exposure primarily to corporate bonds that are set to mature in 2035. This fund is strategically engineered to return any remaining principal and liquidate around December 15, 2035. Focusing on maximizing current income while preserving capital, the fund employs a risk-aware, top-down approach complemented by bottom-up security selection. Through meticulous fundamental research, the fund constructs a portfolio designed to overweight the most appealing sectors and issuers within the corporate bond market. As a member of the State Street MyIncome ETFs suite, this fund enables investors to efficiently create custom bond ladder portfolios aimed at managing interest rate risks, cash flow needs, and liquidity requirements.

Products and Services

• Actively Managed Target Maturity Strategy

  This strategy focuses on generating income through corporate bonds scheduled for maturity in 2035. It involves strategic management to ensure that investments align with market opportunities while aiming at capital preservation.

• Current Income Maximization

  The ETF seeks to maximize current income for investors, making it an attractive option for those seeking consistent income streams from their bond investments.

• Risk-Aware Investment Approach

  By utilizing a top-down investment framework combined with a thorough analysis of individual securities, the fund manages risk effectively while capitalizing on favorable market conditions.

• Bottom-Up Security Selection

  This process involves conducting rigorous fundamental research to identify and select individual bonds that demonstrate strong performance potential, ensuring a well-rounded portfolio.

• Portfolio Diversification

  The fund is designed to overweight sectors and issuers deemed attractive, facilitating diversification within the bond portfolio, which can help mitigate risks associated with individual bonds.

• Custom Bond Ladder Creation

  As part of the State Street MyIncome ETFs, the My2035 ETF enables investors to construct customized bond ladder portfolios. This feature helps in managing interest rate risks, providing liquidity when needed, and optimizing cash flows based on individual investment goals.