What this ETF is trying to do

The SPDR SSGA My2026 Municipal Bond ETF (MYMF) is an exchange-traded fund that focuses on municipal bonds. These are types of loans made to local or state governments. This specific fund is designed for a target date in 2026.

What the numbers show

As of October 6, 2026, the share price of the ETF was $24.84.

When looking at performance, it is important to understand the difference between price return and total return:

• Price Return: This measures only the change in the share price. The one-year price return was -0.34%, and the year-to-date (YTD) price return was -0.36%.

• Total Return: This reflects the overall return, including the cash distributions paid to investors. The one-year total return was 2.15%, and the YTD total return was 1.51%.

For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($24.92), the price-only change would have resulted in a small decline in your principal. However, the total return shows that the distributions helped the overall value.

Income and distribution explanation

This ETF usually pays out distributions monthly. Over the last 12 months, it made 12 payouts. The distribution yield is approximately 2.48%.

It is important for beginners to know that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money you invested (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the net asset value of a fund declines over time, which can lead to a falling share price. StockValueFinder uses an erosion-risk score to measure this.

MYMF has an erosion score of 94, which is labeled as "Stable / sideways" with "good" severity. Additionally, the severe erosion-risk flag is false, meaning the fund's price trend did not trigger a severe warning.

Pros

• Stability: The erosion-risk score suggests the fund's price has been stable or moving sideways.

• Regular Income: The fund provides monthly cash distributions.

• Positive Total Return: Despite a slight dip in share price, the total return over the last year remained positive.

Cons

• Price Decline: The share price has seen a small decline both year-to-date and over the last year.

• Average Income Grade: The fund has an income rating grade of "C."

Beginner takeaway

MYMF is a municipal bond ETF that provides regular monthly income. While the share price has dropped slightly, the total return (which includes those payments) has stayed positive. The fund currently shows a "good" erosion-risk score, suggesting its price has remained relatively stable.