State Street My2029 Municipal Bond ETF
$23.91−0.13 (−0.54%)
- Expense ratio
- 0.20%
- Fund size
- $15M
- 1Y return
- +0.0%
- Yield · Last 12 months
- 2.86%
- Holdings
- 112
- Volume · 30D
- 0M sh
- NAV per share
- $24.20
- 52W range
The ETF.net MYMI Grade
Score 30 of 100 sits in the D 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 8Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 38Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 50Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 53Category rank
Our read on MYMI
DMost bond-ladder rungs just follow an index. This one is a 2029 muni rung run by actual bond pickers, paying federally tax-exempt income monthly until it returns remaining principal and closes around December 15, 2029.
The fund is actively managed and seeks current income exempt from regular federal income taxes while pursuing capital preservation. It invests primarily in municipal bonds maturing in 2029 and is intended to distribute remaining principal and liquidate around December 15, 2029.
Why people hold it
- Built to end: it holds munis maturing in 2029, then distributes any remaining principal and liquidates on or about December 15, 2029. A bond-like maturity date in an ETF wrapper.ssga.com
- Actively managed, not rules-based: State Street runs top-down risk work plus bottom-up research to overweight sectors and issuers it finds attractive. Rare in a ladder aisle built on indexes.ssga.com
- Income targets an exemption from regular federal income taxes, and it pays monthly, which lines up with how ladder investors actually spend cash.
- One rung in the MyIncome suite, so maturity years can be stacked into a custom ladder instead of bought one-off.ssga.com
Worth knowing
- The 0.20% fee runs about double the target-maturity median. Index rungs like IBTJ, IBDU and BSCT sit at 0.07% to 0.10%, so active muni selection is the thing you are paying for.
- Launched in 2024 and still small and thinly traded next to the entrenched iBonds and BulletShares rungs, so spreads can be wide. Limit orders matter.
- Active means the roughly 100 bonds reflect the team's calls, not a fixed rulebook, and results can drift from the ICE 2029 Maturity US Broad Municipal Index it is measured against.
MYMI Holdings
- Bonds
- 112
- 22%
- WISCONSIN ST WIS 05/29 FIXED 5
Geography
- United States100.00%
MYMI 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 | MYMI |
|---|---|
| Year to date | −0.6% |
| 1 month | −2.0% |
| 3 months | −2.0% |
| 1 year | +0.0% |
| 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 | MYMI |
|---|---|---|
| 2026 YTD | −0.6% | |
| 2025 | +3.1% | |
| 2024 | −0.9% |
MYMI in the news
ETF.net Research hasn’t filed on MYMI yet — coverage lands here as it’s written.
MYMI Dividends
- 2.86%
- $0.69
- $0.05 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.05 |
| Aug 3, 2026 | Aug 6, 2026 | $0.06 |
| Jul 1, 2026 | Jul 7, 2026 | $0.06 |
| Jun 1, 2026 | Jun 4, 2026 | $0.06 |
| May 1, 2026 | May 6, 2026 | $0.06 |
| Apr 1, 2026 | Apr 6, 2026 | $0.06 |
| Mar 2, 2026 | Mar 5, 2026 | $0.06 |
| Feb 2, 2026 | Feb 5, 2026 | $0.06 |
| Dec 18, 2025 | Dec 23, 2025 | $0.06 |
| Dec 1, 2025 | Dec 4, 2025 | $0.06 |
| Nov 3, 2025 | Nov 6, 2025 | $0.06 |
| Oct 1, 2025 | Oct 6, 2025 | $0.06 |
MYMI Risk
- 2.6%
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.
- −0.82
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.
- −3.1%
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.
- 0.13
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MYMI Cost
- The middle half of Defined-Maturity Municipal funds
- Median 0.18%
26 of the 32 Defined-Maturity Municipal funds charge less.