Spdr Ssga My2032 Etf Profile
MYCL Etf | 24.01 0.05 0.21% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR SSGA is selling for 24.01 as of the 2nd of January 2025. This is a 0.21 percent decrease since the beginning of the trading day. The etf's lowest day price was 24.01. SPDR SSGA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 3rd of December 2024 and ending today, the 2nd of January 2025. Click here to learn more.
SPDR SSGA is entity of United States. It is traded as Etf on NASDAQ exchange. More on SPDR SSGA My2032
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SPDR Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Investment Grade ETFs, Corporate ETFs, Target Maturity (View all Sectors) |
Issuer | SSgA |
Inception Date | 2024-09-23 |
Benchmark | ICE 2032 Maturity US Corporate Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 5.98 Million |
Asset Type | Fixed Income |
Category | Corporate |
Focus | Investment Grade |
Market Concentration | Developed Markets |
Region | North America |
Administrator | State Street Global Advisors Funds Management Inc. |
Advisor | SSGA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | State Street Global Advisors Funds Distributors, LLC |
Portfolio Manager | Sprague Rient, John Mele |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NASDAQ |
Number of Constituents | 83.0 |
Market Maker | Citadel |
Total Expense | 0.15 |
Management Fee | 0.15 |
Country Name | USA |
Code | MYCL |
Updated At | 2nd of January 2025 |
Name | SPDR SSGA My2032 Corporate Bond ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01PZT0B60 |
Type | ETF |
SPDR SSGA My2032 [MYCL] is traded in USA and was established null. The fund is listed under Target Maturity. The entity is thematically classified as Investment Grade ETFs. SPDR SSGA My2032 now have in assets.
Check SPDR SSGA Probability Of Bankruptcy
SPDR SSGA My2032 Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SSGA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | (0.64) |
SPDR SSGA Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SSGA My2032. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of SPDR SSGA My2032 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.