State Street Investment Management Expands Actively Managed Target Maturity ETFs Suite
- SPDR® SSGA My2035 Corporate Bond ETF and SPDR® SSGA My2031 Municipal Bond ETF provide new solutions for investors to build their own custom bond ladders, which are portfolios of fixed-income securities with varying maturity dates designed to minimize interest-rate risk, increase liquidity, and diversify credit risk
- Investors can leverage the potential benefits of actively managed target maturity ETFs to manage their respective cash flow, interest rate and liquidity needs
- Funds are actively managed using a risk-aware, top-down approach combined with bottom-up security selection that seeks to overweight the most attractive sectors and issuers
“Our growing suite of MyIncome ETFs are designed to help investors pursue higher yields while simultaneously managing risk and cash drag, thanks to the bond selection and management expertise of our portfolio managers,” Anna Paglia, Chief Business Officer for State Street Investment Management. “Building a bond ladder with MyIncome, regardless of the market environment or the direction of interest rates, can potentially help build more reliable income streams.”
Actively managed by State Street Investment Management’s Active Fixed Income Portfolio Management Team, the SPDR SSGA My2035 Corporate Bond ETF invests primarily in corporate bonds maturing in the year 2035, and the SPDR SSGA My2031 Municipal Bond ETF invests primarily in municipal bonds maturing in the year 2031. The funds are designed to distribute any remaining principal and liquidate on or about December 15 in their final year of maturity.
The investment strategies of the SPDR® SSGA MyIncome ETFs are designed to allow the portfolio management team to effectively maximize yield while preserving capital through a robust investment process and prudent risk management. State Street Investment Management’s active approach seeks to enhance the income profile of a target maturity ETF portfolio, while also managing for liquidity, sector, issuer concentration, and broader macro risks.
For more information on the SPDR MyIncome ETF Suite click here.
About State Street Investment Management
At State Street Investment Management, we have been helping to deliver better outcomes to institutions, financial intermediaries, and investors for nearly half a century. Starting with our early innovations in indexing and ETFs, our rigorous approach continues to be driven by market-tested expertise and a relentless commitment to those we serve. With over
*This figure is presented as of June 30, 2025 and includes ETF AUM of
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The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF’s net asset value. Brokerage commissions and ETF expenses
Bonds generally present less short-term risk and volatility than stocks, but contain interest rate risk (as interest rates rise, bond prices usually fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk. These effects are usually pronounced for longer-term securities. Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss.
Actively managed ETFs do not seek to replicate the performance of a specified index. The Fund is actively managed and may underperform its benchmarks. An investment in the fund is not appropriate for all investors and is not intended to be a complete investment program. Investing in the fund involves risks, including the risk that investors may receive little or no return on the investment or that investors may lose part or even all of the investment.
In the Fund’s target maturity year, proceeds from bonds maturing prior to the Fund’s liquidation date may be reinvested in cash and cash equivalents. The Funds are designed to terminate on or about December 15 in their final target year of maturity at which point the Funds will distribute remaining net assets to shareholders pursuant to a plan of liquidation. The Funds do not seek to distribute any predetermined amount at maturity.
The municipal market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issuers of municipal securities. Interest rate increases can cause the price of a debt security to decrease. A portion of the dividends you receive may be subject to federal, state, or local income tax or may be subject to the federal alternative minimum tax.
Non-diversified fund may invest in a relatively small number of issuers. The value of shares of non-diversified funds may be more volatile than the values of shares of more diversified funds.
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Distributor State Street Global Advisors Funds Distributors, LLC, member FINRA, SIPC, an indirect wholly owned subsidiary of State Street Corporation. References to State Street may include State Street Corporation and its affiliates. Certain State Street affiliates provide services and receive fees from the SPDR ETFs.
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Exp. Date 9/30/2026
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Media:
Michael Kingsley
mkingsley@statestreet.com
+1 914 522 9471
Source: State Street Corporation
