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MYCJ

State Street My2030 Corporate Bond ETF

MYCJ

Market cap $47.9M

23.94 USD

+0.02

0.08%

At close Updated Sep 29, 3:55 PM EDT

1 day

0.08%

5 days

-0.62%

1 month

-2.09%

3 months

-3.19%

6 months

-3.08%

Year to date

-4.2%

1 year

-4.43%

5 years

-4.51%

10 years

-4.51%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

Is it Time to Take a Closer Look at Target Maturity ETFs?

Among the key benefits of the ETF wrapper is the wide range of tools it gives advisors and investors to build tailored fixed income portfolios. And given today's complex rate and inflation environment, it certainly helps to have a wide range of options available.

Is it Time to Take a Closer Look at Target Maturity ETFs?

Fashionably Late, But Low-Cost: Vanguard Joins Target-Maturity Party

Today, Vanguard decided to join the target-maturity party, launching a suite of corporate bond ETFs designed to assist investors with bond laddering. Vanguard's entry is significant due to its massive distribution scale in tandem with its low-cost reputation.

Fashionably Late, But Low-Cost: Vanguard Joins Target-Maturity Party

MYCJ: Worth The Active Premium?

State Street's new fixed maturity ETFs charge a slight fee premium for active management vs. passive competitors iShares iBonds and Invesco BulletShares. Looking at the 2030 series: MYCJ's portfolio has fewer bonds, comparable yields, and different sector allocations to iShares' IBDV and Invesco's BSCU, but overall differences are minimal. It's too early to tell of MYCJ's active management adds value, but I'd consider it worth paying 5bp more on this portion of a bond ladder to find out.

MYCJ: Worth The Active Premium?

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