The State Street My2029 Corporate Bond ETF operates with an active management strategy, focusing its investments primarily on corporate bonds scheduled to mature in the year 2029. This fund is structured to liquidate and distribute any remaining principal around December 15, 2029. Its main investment goals are to generate substantial current income while simultaneously safeguarding capital. To achieve these objectives, the fund employs a disciplined, risk-conscious methodology, combining a broad top-down macroeconomic perspective with detailed, bottom-up fundamental analysis for individual security selection. This rigorous research process aims to allocate more capital to the most attractive sectors and issuers within the market. This ETF belongs to the State Street MyIncome family of target maturity funds, offering investors an effective way to construct personalized bond ladder portfolios to better manage interest rate fluctuations, optimize cash flow, and meet specific liquidity requirements.

Asset class

Fixed Income

Issuer

SPDR

Domicile

US

Inception date

Sep 23, 2024

Holdings

203

ISIN

US78470P7886