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MYMG

SPDR SSGA My2027 Municipal Bond ETF (MYMG)

$24.72

Delayed price

PASS

BUY Advisory
SELL Advisory (Profit)
SELL Advisory (Loss)

Profit
Loss
Pass (Skip investing)

Time period over

ALL
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Upturn Advisory Summary

04/01/2025: MYMG (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF

Historic Profit -0.89%

Avg. Invested days 27

Today’s Advisory PASS

Upturn Star Rating

Upturn Advisory Performance

1.0

ETF Returns Performance

1.0

Profits based on simulation

Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 4063	Beta -	52 Weeks Range 24.44 - 24.90	Updated Date 04/1/2025
52 Weeks Range 24.44 - 24.90	Updated Date 04/1/2025

Upturn AI SWOT

SPDR SSGA My2027 Municipal Bond ETF

ETF Overview

Overview

The SPDR SSGA My2027 Municipal Bond ETF (TGTM) is a target maturity ETF focusing on U.S. municipal bonds maturing in 2027. It aims to provide a defined maturity investment strategy with exposure to the municipal bond market.

Reputation and Reliability

State Street Global Advisors (SSGA) is a reputable and well-established ETF provider with a long track record in the investment management industry.

Management Expertise

SSGA has a team of experienced professionals managing its fixed-income ETFs, bringing expertise in municipal bond investing.

Investment Objective

Goal

The fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Municipal Bond 2027 Target Maturity Index.

Investment Approach and Strategy

Strategy: The ETF tracks the Bloomberg Municipal Bond 2027 Target Maturity Index, a rules-based index consisting of investment-grade municipal bonds with a final maturity in 2027.

Composition The ETF primarily holds municipal bonds. The credit quality is generally investment grade.

Market Position

Market Share: TGTM's market share is relatively small compared to broader municipal bond ETFs.

Total Net Assets (AUM): 41500000

Competitors

Key Competitors

Invesco BulletShares 2027 Municipal Bond ETF (BSMR)

Competitive Landscape

The competitive landscape consists of other target maturity municipal bond ETFs. TGTM offers exposure to municipal bonds maturing in 2027. Compared to competitors, factors such as expense ratio, tracking error, and AUM can differentiate ETFs.

Financial Performance

Historical Performance: Historical performance data is readily available and should be consulted prior to investment.

Benchmark Comparison: The ETF's performance should be compared to the Bloomberg Municipal Bond 2027 Target Maturity Index to assess tracking efficiency.

Expense Ratio: 0.12

Liquidity

Average Trading Volume

The average trading volume can vary, but it's generally moderate, which may impact the ease of buying and selling large quantities.

Bid-Ask Spread

The bid-ask spread can fluctuate based on market conditions and trading volume and will impact transaction costs.

Market Dynamics

Market Environment Factors

Economic indicators, interest rate movements, and the overall health of the municipal bond market affect the ETF's performance.

Growth Trajectory

Growth depends on investor demand for target maturity municipal bond strategies and the prevailing interest rate environment.

Moat and Competitive Advantages

Competitive Edge

TGTM's competitive advantage lies in its defined maturity date and exposure to the municipal bond market, providing a predictable income stream until 2027. The target maturity feature can be advantageous for investors seeking specific maturity dates for their bond portfolios. As a product of SSGA, it benefits from the brand and distribution network of a major ETF provider. The ETF focuses on investment-grade municipal bonds, offering a relatively lower-risk profile within the fixed-income space.

Risk Analysis

Volatility

The volatility is expected to be moderate, reflecting the characteristics of the municipal bond market.

Market Risk

The ETF is subject to interest rate risk, credit risk (although primarily investment grade), and market risk affecting the municipal bond market.

Investor Profile

Ideal Investor Profile

The ideal investor is seeking a defined maturity investment in the municipal bond market with a specific target date of 2027.

Market Risk

The ETF is best suited for long-term investors who want to allocate to municipal bonds with a specific maturity horizon. This could be for retirement planning, college savings, or other defined financial goals.

Summary

The SPDR SSGA My2027 Municipal Bond ETF (TGTM) offers targeted exposure to investment-grade municipal bonds maturing in 2027. Its strategy provides predictable cash flows at maturity. The fund is managed by SSGA, a reputable ETF provider. It's suited for long-term investors seeking tax-exempt income and a defined maturity date. Investors should be aware of interest rate and credit risks associated with fixed-income investments.

Similar Companies

BSMR

Invesco BulletShares (R) 2027 Municipal Bond ETF

$23.55

ETF

ETF

PASS

Sources and Disclaimers

Data Sources:

SSGA Website
Bloomberg
ETF.com

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About SPDR SSGA My2027 Municipal Bond ETF

Exchange NASDAQ	Headquaters -
IPO Launch date -	CEO -
Sector -	Industry -	Full time employees -	Website
Full time employees -	Website

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. The fund primarily invests in municipal bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.

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Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.