State Street My2034 Corporate Bond ETF
$23.43−0.27 (−1.14%)
- Expense ratio
- 0.15%
- Fund size
- $9M
- 1Y return
- −0.2%
- Yield · Last 12 months
- 5.15%
- Holdings
- 121
- Volume · 30D
- 0M sh
- NAV per share
- $23.69
- 52W range
The ETF.net MYCN Grade
Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 11Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 92Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 37Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 40Category rank
Our read on MYCN
CMost target-maturity bond funds are index ladders. State Street runs this 2034 rung actively: a manager hand-picks corporate bonds maturing that year, aiming at income with capital preservation, and pays out monthly.
The Fund seeks to maximize current income while seeking preservation of capital through an actively managed target-maturity portfolio primarily invested in corporate bonds maturing in 2034.
Why people hold it
- Active, not a rules-based rung: managers select the 2034 corporates rather than replicate a benchmark, with the ICE 2034 Maturity US Corporate Index as the yardstick.ssga.com
- One dated job: a portfolio of roughly 120 corporate bonds maturing in 2034, seeking to maximize current income while seeking preservation of capital. Income arrives monthly.
- What's inside matches what's on the label: the holdings track the stated 2034 corporate mandate closely, one of the cleaner mandate fits among target-maturity funds.
Worth knowing
- Active costs more. At 0.15% it sits above the index-run rungs (VBCB at 0.08%, IBDU and BSCT at 0.10%) and above the category median of 0.10%.
- Launched in 2024 and still small and thinly traded, so bid-ask spreads can run wider than at the big ladder shops and larger orders are harder to fill quietly.
- A 2034 maturity is the long end of the ladder: more price movement when rates shift than near-dated rungs, plus the credit risk that comes with corporate bonds.
MYCN Holdings
- Bonds
- 121
- 21%
- BP CAP MARKETS AMERICA COMPANY GUAR 11/34 5.227
Geography
- United States91.28%
- United Kingdom3.89%
- Canada2.14%
- Luxembourg1.21%
- Ireland0.77%
- Bermuda0.72%
MYCN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | MYCN |
|---|---|
| Year to date | −1.3% |
| 1 month | −0.8% |
| 3 months | −1.7% |
| 1 year | −0.2% |
| 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 | MYCN |
|---|---|---|
| 2026 YTD | −1.3% | |
| 2025 | +9.2% | |
| 2024 | −2.7% |
MYCN in the news
ETF.net Research hasn’t filed on MYCN yet — coverage lands here as it’s written.
MYCN Dividends
- 5.15%
- $1.22
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.10 |
| Aug 3, 2026 | Aug 6, 2026 | $0.10 |
| Jul 1, 2026 | Jul 7, 2026 | $0.10 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| May 1, 2026 | May 6, 2026 | $0.10 |
| Apr 1, 2026 | Apr 6, 2026 | $0.10 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.10 |
| Dec 18, 2025 | Dec 23, 2025 | $0.11 |
| Dec 1, 2025 | Dec 4, 2025 | $0.10 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
MYCN Risk
- 4.3%
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.
- −0.25
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.
- −4.9%
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.
- 0.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MYCN Cost
- 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.