State Street My2028 Municipal Bond ETFMYMH

The My2028 Municipal Bond ETF (MYMH) is a wrapper around a basket of state and local US municipal bonds designed to mature around the year 2028, according to the issuer’s official ETF centre. The fund is listed on Nasdaq, where the ticker lives alongside the usual ETF plumbing of trading desks and market-makers rather than any direct issuer disclosure. (source: State Street SPDR official ETF centre, https://www.ssga.com/us/en/intermediary/etfs)

MYMH is one of many SPDR-branded fixed-income ETFs that State Street rolls out under the banner ‘From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities.’ The marketing is slick, but the product itself is a slice of America’s $4 trillion municipal-bond market sliced into a fee-bearing wrapper. (source: Products | State Street, https://www.ssga.com/us/en/intermediary/fund-finder?tab=documents)

The fund’s expense ratio and fees are disclosed in the prospectus filed with the SEC via EDGAR, but the headline number that matters is the 0.15% gross expense ratio quoted in the fund’s prospectus documents. That fee is paid to State Street Funds Management, Inc. as investment adviser and to State Street Bank and Trust Company as servicing agent, while State Street Global Markets, LLC-wholly owned by State Street Corporation-acts as distributor. (source: SEC EDGAR fund search for MYMH, https://www.sec.gov/edgar/search/#/q=MYMH)

State Street’s dividend schedule shows MYMH distributes monthly income to shareholders, with the payout calculated after the adviser and servicing fees are taken. The fund’s AUM and liquidity are visible on Nasdaq’s MYMH page, which reports intraday trading activity and volume but offers no insight into the underlying bond credits or issuers. (source: SSGA ETF Funds Dividend Distributions, https://www.ssga.com/us/en/intermediary/resources/documents/etf-dividend-distributions)

If you want to see how MYMH tracks its index, the source requires readers to read the fund’s prospectus on SEC EDGAR; Nasdaq’s page will tell you the ticker moves but not how the index is constructed or which bonds sit inside the basket. The SEC filing is the only place to verify the index methodology and the index provider’s licence terms. (source: SEC EDGAR fund search for MYMH, https://www.sec.gov/edgar/search/#/q=MYMH)