State Street My2034 Corporate Bond ETF
$23.25+0.01 (+0.03%)
- 0.15%
- $9M
- −1.9%
- 5.26%
- 0M sh
- $23.20
- low $23.04high $25.20
The ETF.net MYCN Grade
C
Score 41 out of 100
- 35 of 43
Score 41 of 100 falls in the C 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.A93 out of 100Rank 25 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 31 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 29 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D30 out of 100Rank 35 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 33 of 43
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 States91.27%
- 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.
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MYCN$9,811
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 | MYCN |
|---|---|
| Year to date | −2.8% |
| 1 month | −1.0% |
| 3 months | −3.0% |
| 1 year | −1.9% |
| 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 | −2.8% | |
| 2025 | +9.2% | |
| 2024 | −2.7% |
MYCN in the news
MYCN Dividends
- 5.26%
- $1.22
- $0.10 per share
- Monthly
Distribution history
MYCN Risk
- 4.9%
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.
- −0.57
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.
- −5.1%
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
0.15%
MYCN0.15%
- 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
- CIBCBiShares iBonds Dec 2036 Term Corporate ETFExpense ratio 0.10%1 year return —
- CMYCKState Street My2031 Corporate Bond ETFExpense ratio 0.15%1 year return −0.4%
- CMYCMState Street My2033 Corporate Bond ETFExpense ratio 0.15%1 year return −1.5%
- DMYCFState Street My2026 Corporate Bond ETFExpense ratio 0.15%1 year return +4.1%
- DMYCHState Street My2028 Corporate Bond ETFExpense ratio 0.15%1 year return +2.6%