MYML — State Street® My2032 Municipal Bond ETF

MYML Fund Overview

MYML — State Street® My2032 Municipal Bond ETF is a US ETF managed by SSGA Active Trust, categorised as Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: SSGA Active Trust
• Category: Municipal - National Bond
• Ticker: MYML
• SEC CIK: 0001516212
• SEC series ID: S000108883
• Share class ID: C000279977

MYML Investment Objective and Strategy

State Street® My2032 Municipal Bond ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SSGA Active Trust.

Investment objective

The State Street My2032 Municipal Bond ETF (the “Fund”) seeks to maximize current income that is exempt from regular federal income taxes while seeking preservation of capital.

Principal investment strategy

Under normal circumstances, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) invests at least 80% of the Fund's net assets (plus borrowings for investment purposes) in investments the income of which is exempt from regular federal income tax. Any change to this fundamental 80% investment policy will require shareholder approval. The Fund primarily invests in municipal bonds maturing in the year 2032, which may include bonds with embedded issuer call options falling within that year. The Fund may also invest in municipal bonds with maturity dates within six months prior to or after the Fund's target maturity year. An embedded issuer call option means that the bond's issuer has the right to redeem a bond prior to its designated maturity date. The Fund is part of the MyIncome suite of target maturity bond ETFs and is designed to terminate on or about December 15, 2032, at which point the Fund will distribute its remaining net assets to shareholders pursuant to a plan of liquidation.

The Fund does not seek to distribute any predetermined amount at maturity. The Fund primarily invests in U.S. dollar denominated municipal bonds issued by U.S. states, the District of Columbia, or local governments or agencies, the interest of which is exempt from U.S. federal income taxes and the federal alternative minimum tax. The bonds are primarily rated investment grade at the time of purchase, which is defined as bonds rated BBB- or higher by S&P Global Ratings and/or Fitch Ratings Inc., Baa3 or higher by Moody's Investors Service, Inc., or equivalent ratings by another registered nationally recognized statistical rating organization (“NRSRO”), or, if unrated by an NRSRO, of comparable quality as determined by the Adviser. The Fund may invest up to 10% of its net assets in municipal bonds rated below investment grade at the time of purchase (commonly known as “junk” bonds).

The Fund may use derivative instruments (primarily futures contracts, interest rate and credit default

MYML Debt Constituents

No individual debt constituents are reported in State Street® My2032 Municipal Bond ETF's latest SEC N-PORT filing.

Related Funds

Other Municipal - National Bond funds tracked on ABC INVEST:

• Hawaii Municipal Fund (SURFX)
• NYLIM MacKay Muni High Income ETF (MMHI)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.