What Is the MYMH ETF? A Complete Guide to Returns, Expense Ratio, Holdings, and Alternative ETFs
The State Street MYMH ETF is a municipal-bond ETF with a defined target maturity date, designed to balance tax efficiency and principal preservation. Investors should review its distribution history, maturity structure, and price sensitivity to interest-rate changes.
SubscribeWhat Is the State Street MY 2028 Municipal Bond ETF?
MYMH is an actively managed exchange-traded fund that invests primarily in U.S. municipal bonds that may be redeemed at a designated target maturity year. It seeks to combine federally tax-exempt current income with principal preservation, supporting cash-flow planning aligned to a specific target date.
It may suit investors looking to adjust municipal-bond exposure around a planned funding date, taking into account both tax treatment and cash-flow planning.
The fund is an actively managed ETF run by State Street.
How Does the State Street MY 2028 Municipal Bond ETF Work?
| Item | Details |
|---|---|
| Underlying Index | Broad U.S. municipal bond target-maturity index |
| Management Style | Actively managed |
| Rebalancing Frequency | Adjusted based on manager discretion and inclusion criteria |
| Dividend Schedule | Distribution history exists (irregular schedule — no fixed cadence assumed) |
| Total Expense Ratio | 0.20% |
| Fund Manager | State Street |
The fund primarily targets municipal bonds aligned with a specified target-maturity year, combining macro-environment reviews with fundamental analysis of individual bonds to build its portfolio. The structure is designed around bond-ladder cash-flow management and interest-rate risk control, so investors should also keep in mind the potential for price swings before the target date.
- Use of a bond ladder aligned to the specified target-maturity date
- Management that combines macro risk assessment with single-bond analysis
Size and Cost of the State Street MY 2028 Municipal Bond ETF (AUM and Expense Ratio)
Assets under management (AUM) stand at $7.3M, with a total expense ratio of 0.20% per year.
Order book spreads and trading volume can differ from those of larger, more liquid municipal-bond ETFs, so they should be checked directly before placing orders. The fee burden is best weighed alongside the convenience gained from the target-maturity design and active management approach.
Performance and Flows of the State Street MY 2028 Municipal Bond ETFTarget-maturity municipal bonds can see NAV move with shifts in interest rates and credit conditions. As maturity approaches, the redemption structure can have a larger effect, but interim market prices may still fluctuate with liquidity conditions and municipal-bond supply and demand.
Demand for municipal-bond products varies with tax treatment, the level of interest rates, and investors' cash-flow preferences. Because this fund is designed to help build a bond ladder aligned to a target maturity, investors should review the funding date and plans for reinvesting distributions in parallel.
Pros and Cons of the State Street MY 2028 Municipal Bond ETF
Target-maturity design and a pursuit of tax efficiency are positives, but interest-rate, credit, and secondary-market price risks need to be monitored on an ongoing basis.
💪 Key Strengths
⚠️ Points to Watch
Alternatives and Related Products to the State Street MY 2028 Municipal Bond ETF
Within the comparison table, VTEB offers broad exposure to U.S. municipal bonds, while MUB provides access to nationwide municipal-bond issuance. JMUB carries a relatively higher fee burden, and CGMU also has an income-oriented character. CMF focuses on a specific state's municipal-bond exposure. MYMH, with its defined target-maturity structure, can be benchmarked against these funds on maturity concentration, fee burden, and trading conditions when that structure is needed.
Investor Checklist for the State Street MY 2028 Municipal Bond ETF
When reviewing MYMH, the first thing to check is whether the target maturity aligns with the investor's planned funding date. From there, reviewing tax treatment, interest-rate sensitivity, and trading conditions helps determine whether the product's structure fits the holding objective.
| Checkpoint | What to Confirm | Current Status |
|---|---|---|
| Cost Burden | Review the total expense ratio together with trading costs | Comparison needed |
| Target Maturity | Match the funding date against the fund's liquidation plan | Verify alignment |
| Tax Treatment | Check tax effects based on residence and account type | Confirm separately |
| Market Trading Conditions | Review trading volume and bid-ask spreads before placing orders | Ongoing check |
MYMH is not insulated from interest-rate and credit risk in the municipal market, and trading prices can diverge from NAV. Selling before the target maturity can result in prices that differ from expectations depending on market conditions, and distributions and tax outcomes are not guaranteed.
MYMH is worth considering for investors who want to link municipal-bond exposure and cash-flow planning to a specific target date. However, it should only be pursued after confirming that the holding period, tax situation, and market trading conditions fit the product's structure, and after comparing it with similar municipal-bond ETFs.
1-Year Price Performance
Dividend & Yield
52-Week Price RangePros and Cons of the State Street MY 2028 Municipal Bond ETF
Target-maturity design and a pursuit of tax efficiency are positives, but interest-rate, credit, and secondary-market price risks need to be monitored on an ongoing basis.
💪 Key Strengths
⚠️ Points to Watch
Alternatives and Related Products to the State Street MY 2028 Municipal Bond ETF
Within the comparison table, VTEB offers broad exposure to U.S. municipal bonds, while MUB provides access to nationwide municipal-bond issuance. JMUB carries a relatively higher fee burden, and CGMU also has an income-oriented character. CMF focuses on a specific state's municipal-bond exposure. MYMH, with its defined target-maturity structure, can be benchmarked against these funds on maturity concentration, fee burden, and trading conditions when that structure is needed.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 MUB | iShares National Muni Bond ETF | $104.18 | +0.3% | $54.3B | 0.05% | 3.28% | -3.0% |
 VTEB | Vanguard Tax-Exempt Bond ETF | $48.88 | +0.4% | $53.0B | 0.03% | 3.48% | -3.2% |
 JMUB | JPMorgan Municipal ETF | $49.09 | +0.3% | $9.0B | 0.18% | 3.49% | -3.0% |
 CGMU | Capital Group Municipal Income ETF | $26.72 | +0.0% | $7.5B | 0.27% | 3.42% | -2.7% |
 CMF | iShares California Muni Bond ETF | $55.80 | +0.3% | $5.4B | 0.08% | 3.02% | -3.0% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 ESRT | Empire State Realty Trust Inc | 0.08% | $4.97 | -1.6% | $860.5M | 276.1 | 2.82% |
 NYT | New York Times Co | 0.16% | $70.17 | +1.1% | $11.3B | 29.3 | 1.28% |
 ESBA | Empire State Realty OP LP | 0.04% | $5.00 | +0.0% | $1.4B | 277.8 | 2.8% |
 MYMK | State Street My2031 Municipal Bond ETF | 0.00% | $24.67 | +0.1% | $0.0M | - | 2.61% |
Investor Checklist for the State Street MY 2028 Municipal Bond ETF
When reviewing MYMH, the first thing to check is whether the target maturity aligns with the investor's planned funding date. From there, reviewing tax treatment, interest-rate sensitivity, and trading conditions helps determine whether the product's structure fits the holding objective.
| Checkpoint | What to Confirm | Current Status |
|---|---|---|
| Cost Burden | Review the total expense ratio together with trading costs | Comparison needed |
| Target Maturity | Match the funding date against the fund's liquidation plan | Verify alignment |
| Tax Treatment | Check tax effects based on residence and account type | Confirm separately |
| Market Trading Conditions | Review trading volume and bid-ask spreads before placing orders | Ongoing check |
MYMH is not insulated from interest-rate and credit risk in the municipal market, and trading prices can diverge from NAV. Selling before the target maturity can result in prices that differ from expectations depending on market conditions, and distributions and tax outcomes are not guaranteed.
MYMH is worth considering for investors who want to link municipal-bond exposure and cash-flow planning to a specific target date. However, it should only be pursued after confirming that the holding period, tax situation, and market trading conditions fit the product's structure, and after comparing it with similar municipal-bond ETFs.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of August 18, 2026.
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