State Street My2032 Corporate Bond ETF
$23.62−0.01 (−0.04%)
- 0.15%
- $12M
- −1.2%
- 4.83%
- 0M sh
- $23.60
- low $23.44high $25.35
The ETF.net MYCL Grade
F
Score 22 out of 100
- 43 of 43
Score 22 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F11 out of 100Rank 34 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D25 out of 100Rank 37 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D38 out of 100Rank 28 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D28 out of 100Rank 38 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D27 out of 100Rank 41 of 43
Our read on MYCL
FA corporate bond fund with an expiration date: it holds bonds maturing in 2032, then winds up around December 15, 2032 and pays out what is left. The twist is that State Street runs this rung actively rather than by index rulebook.
The fund uses an actively managed target-maturity strategy focused primarily on corporate bonds maturing in 2032, with liquidation planned around December 15, 2032 after distributing remaining principal.
Why people hold it
- Behaves like a bond you can trade: corporate bonds maturing in 2032, liquidation planned for around December 15, 2032, remaining principal distributed to holders.ssga.com
- Actively managed target-maturity strategy with the ICE 2032 Maturity US Corporate Index as its reference point, so a manager makes the credit calls inside a fixed maturity year.
- Pays monthly, and the credit risk sits across roughly a hundred corporate bonds instead of one issuer's balance sheet.
Worth knowing
- 0.15% a year is above the big index rungs (IBDU and BSCT at 0.10%, VBCB at 0.08%). The active hand is what the extra buys.
- Small and lightly traded next to the entrenched ladder franchises, which can mean wider spreads at the point of trade.
- Launched in 2024, so the track record is short and the strategy has not yet run through a full credit cycle.
MYCL Holdings
- Bonds
- 112
- 25%
- Arcelormittal SA Sr Unsecured 11/32 6.8
Geography
- United States100.00%
MYCL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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MYCL$9,884
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MYCL |
|---|---|
| Year to date | −2.1% |
| 1 month | −0.6% |
| 3 months | −2.4% |
| 1 year | −1.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MYCL |
|---|---|---|
| 2026 YTD | −2.1% | |
| 2025 | +9.0% | |
| 2024 | −2.4% |
MYCL in the news
MYCL Dividends
- 4.83%
- $1.14
- $0.10 per share
- Monthly
Distribution history
MYCL Risk
- 4.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.56
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MYCL Cost
0.15%
MYCL0.15%
- The middle half of Defined-Maturity Investment Grade Corporate funds
- Median 0.10%
32 of the 42 Defined-Maturity Investment Grade Corporate funds charge less.
Other funds in Defined-Maturity Investment Grade Corporate
- DMYCHState Street My2028 Corporate Bond ETFExpense ratio 0.15%1 year return +2.6%
- DMYCOState Street My2035 Corporate Bond ETFExpense ratio 0.15%1 year return −2.6%
- DBSCAINVESCO BULLETSHARES 2036 CORPORATE BOND ETFExpense ratio 0.10%1 year return —
- DMYCIState Street My2029 Corporate Bond ETFExpense ratio 0.15%1 year return +1.5%
- DMYCJState Street My2030 Corporate Bond ETFExpense ratio 0.15%1 year return +0.3%