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Upturn AI SWOT - About
SPDR SSGA My2026 Municipal Bond ETF (MYMF)
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Upturn Advisory Summary
08/14/2025: MYMF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 1.43% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 24.32 - 24.86 | Updated Date 06/28/2025 |
52 Weeks Range 24.32 - 24.86 | Updated Date 06/28/2025 |
Upturn AI SWOT
SPDR SSGA My2026 Municipal Bond ETF
ETF Overview
Overview
The SPDR SSGA My2026 Municipal Bond ETF (NYSE Arca: TOF) seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Municipal Bond 2026 Index. It focuses on U.S. municipal bonds maturing in 2026, providing targeted exposure to the municipal bond market. The ETF aims to provide a predictable income stream until its target maturity date.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long history of providing reliable ETF products.
Management Expertise
SSGA has extensive experience in managing fixed income ETFs, leveraging a team of experienced portfolio managers and analysts.
Investment Objective
Goal
Seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Municipal Bond 2026 Index.
Investment Approach and Strategy
Strategy: The ETF tracks a specific index, the Bloomberg Municipal Bond 2026 Index, which consists of U.S. municipal bonds maturing in the year 2026.
Composition The ETF primarily holds municipal bonds. These are debt obligations issued by state and local governments in the United States.
Market Position
Market Share: Data unavailable.
Total Net Assets (AUM): 67835993
Competitors
Key Competitors
- INVESCO META MUNICIPAL 2026 ETF (ONEM)
Competitive Landscape
The competitive landscape for target maturity municipal bond ETFs includes a limited number of players. TOF offers a specific maturity target, which is a key differentiator. Competition is based on expense ratios, tracking error, and AUM. Other target maturity ETFs are ONEM. ONEM is a direct competitor to TOF.
Financial Performance
Historical Performance: Historical performance data is readily available but should be sourced from reliable financial data providers.
Benchmark Comparison: The ETF's performance can be compared to the Bloomberg Municipal Bond 2026 Index. Investors can look at tracking error as a measure of effectiveness.
Expense Ratio: 0.12
Liquidity
Average Trading Volume
The average trading volume for TOF is relatively low which may affect the ease of buying or selling shares.
Bid-Ask Spread
The bid-ask spread for TOF can fluctuate and should be monitored by investors to understand potential transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation expectations, and the overall health of the municipal bond market significantly impact TOF's performance. State and local government fiscal health can also impact the ETF.
Growth Trajectory
The ETF's growth trajectory is tied to investor demand for target maturity municipal bond ETFs and the performance of the underlying bonds. There are no indications of significant strategy changes.
Moat and Competitive Advantages
Competitive Edge
TOF's competitive advantage lies in its target maturity structure, offering investors a defined maturity date and predictable income stream. SSGA's established reputation and expertise in fixed income management also contribute to its appeal. The ETF's low expense ratio makes it cost-competitive. However, its AUM and trading volume may limit its appeal for some investors. It is simpler in structure and more diversified that its competitor.
Risk Analysis
Volatility
Municipal bonds generally exhibit lower volatility than equities, but changes in interest rates can still impact bond prices. Credit risk of the underlying municipal bonds also exists.
Market Risk
The ETF is subject to market risk, including interest rate risk, credit risk (default risk of municipal bond issuers), and liquidity risk.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking tax-exempt income and a defined maturity date, such as those planning for retirement or other future liabilities.
Market Risk
TOF is best for long-term investors seeking a predictable income stream and who are comfortable holding the ETF until its maturity date.
Summary
The SPDR SSGA My2026 Municipal Bond ETF (TOF) offers targeted exposure to U.S. municipal bonds maturing in 2026, providing a defined maturity date and tax-exempt income. SSGA's management expertise and the ETF's low expense ratio enhance its appeal. However, investors should consider its low average trading volume and the potential impact of interest rate and credit risk. TOF is suitable for long-term investors seeking predictable income and a defined maturity date.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SSGA Website
- Bloomberg
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data may not be available. Financial data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR SSGA My2026 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 2026, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
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.